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Markets

Market analysis, price movements, and trading insights

Crypto accounting startup Cryptio lands $45M as institutions move onchain

Crypto accounting startup Cryptio lands $45M as institutions move onchain

A surge in tokenized finance is driving demand for systems that reconcile blockchain transactions for audits and reporting, pushing digital asset accounting into focus.

Optimism Team Lays Off 20 Employees Amid Ethereum Scaling Shifts, Base Migration Plans

Optimism Team Lays Off 20 Employees Amid Ethereum Scaling Shifts, Base Migration Plans

Optimism developer OP Labs is letting go of 20 employees to help it narrow focus amid shifts in the broader Ethereum landscape.

Authorities Freeze $3.5M in Crypto as Europol, DOJ Disrupt ‘SocksEscort’ Proxy Network

Authorities Freeze $3.5M in Crypto as Europol, DOJ Disrupt ‘SocksEscort’ Proxy Network

Investigators said the service infected thousands of routers and enabled fraud including crypto account takeovers.

Stablecoins Have ‘Increasing Relevance’ in Illicit Amazon Gold Trade: GI-TOC

Stablecoins Have ‘Increasing Relevance’ in Illicit Amazon Gold Trade: GI-TOC

Illicitly traded gold from the Amazon Basin is increasingly being bought in Venezuela using the USDT stablecoin, according to a new report.

Bitcoin Is Rising While Bonds and Stocks Struggle—Here's Why

Bitcoin Is Rising While Bonds and Stocks Struggle—Here's Why

Bitcoin is beating gold and stocks since the crisis began—and institutions are taking notice.

Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting

Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting

Bitcoin Magazine Paraguay Adopts Stricter Crypto Oversight, Mandates Detailed Transaction on Bitcoin Reporting Paraguay’s National Directorate of Tax Revenue (DNIT) has issued General Resolution No....

Is Bitcoin price at risk if private credit breaks?

Is Bitcoin price at risk if private credit breaks?

A looming private credit crisis risked triggering liquidity crunches that could initially suppress Bitcoin prices, but Fed interventions may ignite a major BTC rally.

CFTC to set ‘rules of the road’ for prediction markets, Chair Selig says

CFTC to set ‘rules of the road’ for prediction markets, Chair Selig says

Prediction markets platforms like Kalshi and Polymarket are seeing record trading volumes and valuations near $20 billion each.

JPMorgan Sued for Allegedly Enabling $328 Million Crypto 'Ponzi Scheme'

JPMorgan Sued for Allegedly Enabling $328 Million Crypto 'Ponzi Scheme'

The lawsuit claims JPMorgan Chase should have done more to prevent a customer from allegedly pulling off a massive crypto fraud.

Tether joins $5.2M round in stablecoin infrastructure builder Ark Labs

Tether joins $5.2M round in stablecoin infrastructure builder Ark Labs

The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.

The Daily: SEC and CFTC sign crypto coordination pact, Ripple launches $750 million share buyback program, and more

The Daily: SEC and CFTC sign crypto coordination pact, Ripple launches $750 million share buyback program, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

CFTC chair opens prediction markets rulemaking to public comment

CFTC chair opens prediction markets rulemaking to public comment

“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms.