The Block

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The Block

The first and final word in digital assets

US probes Chinese bitcoin-mining machine giant Bitmain over national security concerns: Bloomberg
The Department of Homeland Security-led "Operation Red Sunset" examined whether Bitmain's machines could enable espionage or grid sabotage....

Crypto liquidations near $2 billion as bitcoin rout deepens
Analysts warn structural support is weakening as ETF outflows accelerate, pushing bitcoin to $82,000 and the total crypto market cap below $2.9 trillion....

Spot bitcoin ETFs see near-record outflows of $903 million
Spot bitcoin exchange-traded funds in the U.S. posted their second-largest daily outflow since their inception....

Bitcoin plunges below $86,000 as US jobs data dampens rate cut hopes
Bitcoin fell below $86,000 after the delayed US jobs data pointed to persistent inflation, chipping away hopes for a December rate cut....

Ark Invest scoops up Coinbase, BitMine, Circle and Bullish shares in week’s biggest move
Crypto-related stocks are extending their slide, mirroring the sustained pullback in the broader digital asset market....

Kalshi secures $1 billion in latest funding at $11 billion valuation: report
Investors participating in the round include Sequoia, CapitalG, a16z, Paradigm, Anthos Capital, and Neo, according to TechCrunch....

JPMorgan maintains ‘Neutral’ rating on Bullish, lowers 2026 price target to $45
JPMorgan analysts said fourth-quarter trends look strong, setting grounds for a 'much more constructive' trading environment for Bullish....

JPMorgan says crypto market correction appears driven by retail selling of bitcoin and ether ETFs
Retail investors have sold about $4 billion of spot BTC and ETH ETFs in November — the main driver of the latest crypto market correction....

Block’s faster innovation and improving Cash App credit metrics draw analyst optimism
Square is beginning to reaccelerate as refreshed merchant tools and a tighter sales push improve traction across key verticals....

VerifiedX taps Crypto.com for custody, OTC services supporting $1.5 billion in assets
The price of VFX, the network's native token, has jumped by over 69% following the announcement of a second partnership with Crypto.com....