The Block

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The Block

The first and final word in digital assets

‘Weakest bitcoin bear case in history’: Bernstein reiterates $150,000 price target for 2026
Analysts at Bernstein said the current bitcoin downturn reflects a crisis of confidence rather than structural damage....

Weekly global crypto ETP outflows slow to $187 million amid early stabilization signals: CoinShares
Early signs of market calm emerged as crypto fund outflows have cooled to $187 million after weeks of heavy withdrawals, per CoinShares....

French police arrest six after botched crypto ransom attempt in magistrate kidnapping: AFP
French police arrested six suspects after a magistrate and her mother were kidnapped in a crypto ransom plot. ...

South Korea to tighten crypto oversight targeting market manipulation: report
The Financial Supervisory Service said it will tighten crypto oversight and toughen penalties for IT-related accidents, Yonhap reported....

Tether plans to add 150 staff over next 18 months as expansion accelerates: FT
Tether has expanded its workforce to about 300 employees and plans to add another 150 over the next 18 months, the Financial Times reported....

The Funding: Crypto liquid funds respond to the bitcoin crash
Bitcoin’s sudden 20%+ crash this week caught many crypto funds off guard. Here’s what they expect next. Let’s dive in....

Crypto.com CEO Kris Marszalek bought AI.com for $70 million in crypto, plans Super Bowl debut
The sale is the largest reported domain name transaction in history, and the $70 million sum was paid entirely in crypto. ...

Jack Dorsey’s Block looking to cut up to 10% of workforce in latest efficiency push: Bloomberg
The cuts come less than a year after the company laid off 931 employees in March 2025, and ahead of its Q4 earnings report on Feb. 26. ...

CoinShares says only 10,200 BTC face real quantum risk, pushing back on ‘overblown’ estimates
CoinShares said quantum computers would have to become 100,000 times more powerful, which could take a decade of scientific progress, to break Bitcoin. ...

Teens face felony charges after 600-mile drive to allegedly attempt a $66 million crypto robbery: reports
The 16-year-old alleged perpetrator reportedly told police that he and his accomplice were coerced into committing the crime by unknown parties on Signal. ...