The Block

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The Block

The first and final word in digital assets

William Blair analysts forecast ‘slingshot recovery’ for Visa amid stablecoin tailwinds
Visa CEO Ryan McInerney recently confirmed the payments giant is adding support for four stablecoins across four blockchains....

21Shares files for Hyperliquid ETF following wave of crypto fund launches
A new proposal for an ETF tracking the performance of Hyperliquid's native token was filed by 21Shares on Wednesday. ...

Bitcoin miner TeraWulf continues aggressive financing streak with $500 million private offering
TeraWulf has shared plans for a $500 million convertible note offering to fund a new Texas data center, extending its AI-focused expansion....

Ondo Global Markets expands tokenized securities platform to BNB Chain
The platform allows non-US investors to get exposure to US equities around the clock with blockchain-based settlement and custody....

Bitcoin holds near $113,000 ahead of FOMC as traders await Powell’s guidance
BTC floated near $113,000 before the FOMC, with traders awaiting Powell’s remarks as ETF inflows and macro tailwinds support prices....

Grayscale debuts Solana staking ETF, as crypto firms push ahead despite government shutdown
Grayscale Investments is the latest firm to launch an exchange-traded fund tracking the price of Solana and including staking....

Bitwise spot Solana ETF draws $69.5 million on debut as new HBAR and Litecoin funds see zero flows
Bitwise's BSOL generated $57.9 million in volume on its first trading day — the most of any ETF launch this year....

Stable to launch Phase 2 of pre-deposit campaign next week
The announcement drew negative feedback on X, with users claiming large holders had executed deposits in Phase 1 before the public opening....

Ethereum ICO participant moves $6 million in ETH after 8-year dormancy: onchain data
The investor participated in Ethereum's 2014 ICO and received 20,000 ETH for about $6,200, Lookonchain reported....

Australia classifies stablecoins, wrapped tokens as financial products in updated guidance
Under new guidance, companies would need to obtain a license to offer products such as stablecoins and wrapped tokens....