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The Block

The first and final word in digital assets
DOJ indicts alleged Sinaloa cartel leaders as blockchain firms trace crypto links to fentanyl trade
U.S. prosecutors levied charges against suspected Sinaloa Cartel bosses as onchain analytics startups traced stablecoin transfers in the fentanyl ecomomy....
Bitwise CIO says ‘Bitcoin is king’ but history favors a diversified crypto basket, drawing parallel to 2004 internet investing
Matt Hougan compared blockchains to internet investing in 2004, likening Bitcoin to Google and arguing for diversified crypto exposure....
Analysts say investors are rotating into major altcoins amid monthly rebound
The gap between Bitcoin and Ether could close in coming weeks and months as investors allocate capital to more risk assets aside the so-called digital gold....
Bernstein outlines three factors that drove Ethereum’s recent price surge
Ethereum has generally underperformed this cycle, but has suddenly jumped 65% over the past 30 days and nearly 100% since its April lows....
FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
FalconX plans to integrate Standard Chartered's banking infrastructure to improve cross-border settlements for global institutional clients....
US spot Bitcoin ETFs log $96 million in net outflows after hitting peak cumulative inflows
The crypto market continued its rally, with Bitcoin rising 1.4% and Ethereum gaining 8.9% in the past 24 hours....
Synthetix proposes $27 million token swap to acquire options protocol Derive
Synthetix aims to integrate Derive's treasury and products — including options, perpetuals, and structured products — into its ecosystem....
DeFi Development Corp adds 172,670 SOL, boosting total holdings over $100 million
The Nasdaq-listed firm said it purchased 172,670 SOL, boosting its total holdings to 595,988 SOL, worth about $102.7 million....
Etoro prices Nasdaq debut at $52, surpassing expectations
The crypto and equities trading platform had previously targeted an initial public offering price range of $46 to $50 per share....
Tether-backed Twenty One Capital purchases $458.7 million worth of bitcoin
Twenty One Capital, the bitcoin investment company backed by Cantor Fitzgerald, Tether and Softbank, has purchased 4,812 BTC....
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