Block Inc Reduces Workforce by 40% as Jack Dorsey Advocates for Streamlined AI Approach
Block is reducing its staff from over 10,000 people to just under 6,000, Dorsey said in a note to the company.
Gate Achieves Maltese Payments License to Broaden EU Offerings for Fiat and Stablecoin Services
The license allows Gate to execute payment transactions in the EU, including direct debits and credit transfers under PSD2 rules.
Indiana Lawmakers Approve Landmark Bill Safeguarding Cryptocurrency Rights Against Discriminatory Taxes
Indiana’s HB 1042 cleared both chambers and heads to Governor Mike Braun, limiting crypto-specific taxes and opening the door to crypto options for retirement accounts.
Bitcoin Traders Share Insights on Why $80,000 is the Upcoming Bull Target
The return of spot Bitcoin ETF inflows may fuel a BTC price recovery, as signs of a potential rebound to $75,000-$80,000 emerge.
SEC Seeks Approval for Innovative JitoSOL ETF Featuring Liquid Staking on Solana Blockchain
The proposal would allow a US exchange to trade shares of a fund holding JitoSOL, representing the first SEC exchange filing for a liquid staking token ETP.
Ethereum's Future Rally Relies on Daily Close Above $2100: Key Insights and Data Analysis
ETH bulls briefly pressed the price above the $2,000 to support, but will a positive funding rate and increase in holder profitability generate sufficient momentum to hold the level?
Daily Headline Roundup: Insider Trading Allegations at Axiom from ZachXBT Probe, Vitalik’s February ETH Sales Reach $35 Million, OCC Unveils GENIUS Act Proposal, and Additional Updates
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
US Lawmakers Explore Stablecoin Yields in Response to Concerns Over Banking Deposit Withdrawals
Some senators warned that stablecoin yields could blur the line between crypto products and traditional bank deposits.
Rising Middle East Tensions Drive Investors to Gold in Search of Safe Havens
Escalating US-Iran tensions are boosting safe-haven demand, with gold attracting investors while equities and Bitcoin face pressure.
Telegram Introduces In-App Crypto Wallet with Yields on Bitcoin, Ether, and USDT
Telegram’s crypto wallet introduces self-custodial vaults, letting users earn yields on Bitcoin, Ether and USDt directly inside the messaging app.
User Wins $400,000 on Polymarket by Betting on the Outcome of ZachXBT Investigation
As US policymakers scrutinize prediction markets platforms, many Polymarket users won bets over speculation as to which insider trading an online sleuth had exposed.
Key Metrics Driving Bitcoin Adoption Amidst Price Volatility
Bitcoin institutional flows are cooling while its long-term holders and network participants absorb the supply. In a range-bound regime, these are the key signals to watch.