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The Block

The first and final word in digital assets

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DeFi Education Fund launches nonprofit that accepts tax-deductible donations
One of Washington's largest lobbying groups focused on decentralized finance is debuting the nonprofit DeFi Education Foundation....

Crypto firm Bullish’s shares surge 150% above IPO price in NYSE debut
U.S. capital markets have been generally bullish on crypto-related investments since President Trump took office....

The Daily: Ethereum Foundation sells ETH as price nears all-time high, Solana hits $200 as broader altcoin market heats up, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Donald Trump Jr. invests in Thumzup crypto treasury firm targeting BTC, ETH, SOL, XRP, and crypto mining
Thumzup recently raised $50 million through a public offering to expand into crypto mining as well as fund token purchases....

Pump’s average token buyback price floats 40% above spot market even as daily revenue trends lower
After its $600 million ICO last month, the Solana memecoin launchpad has spent over $30 million in revenue repurchasing its PUMP token....

Bernstein backs Circle to deliver most dominant stablecoin network, maintains $230 price target following Q2 results and Arc blockchain plans
Investors worry about Tether's U.S. entry and other pressures, but Circle's regulatory and liquidity position offer an edge, Bernstein said....

Norway sovereign wealth fund’s indirect bitcoin exposure grows to 7,161 BTC as its Strategy holdings surpass $1 billion: K33
NBIM's Strategy holdings were worth over $1.1 billion as of June 30, and it has also held shares in Block, Coinbase, MARA, and Metaplanet....

Solana jumps 15% to reclaim $200 as altcoin market heats up on treasury accumulation
Analysts said the psychological and technical milestone signaled renewed investor confidence and stronger market liquidity....

Standard Chartered analysts raise Ethereum year-end price target to $7,500 amid corporate treasury and spot ETF demand
Standard Chartered upgrades its Ethereum outlook, forecasting $7,500 by year-end 2025 and $25,000 by 2028, driven by policy momentum and corporate interest....

VC firm Paradigm co-founder Matt Huang to lead Stripe’s blockchain project Tempo: Fortune
Tempo is a high-performance, payments-focused blockchain, currently in stealth, reportedly being built in partnership with Paradigm....