Daily News: White House Crypto Advisor Patrick Witt Critiques Jamie Dimon's Stablecoin Yield Argument While Trump Staunchly Supports a Position in the Ongoing Debate and More
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin Surges to $74,000 as Crypto Market Rally Boosts Dogecoin, Coinbase, and Other Altcoins
Crypto-linked equities outpaced the broader market rally, with Gemini shares jumping about 34% and Coinbase climbing roughly 15%.
Zerohash Pursues National Trust Bank Charter Approval from the OCC
The firm wants to be able to provide services like custody over digital assets, fiat currency, and other assets.
A16z Plans to Raise $2 Billion for Fifth Cryptocurrency Fund to Expand Investment Opportunities
A16z's previous four crypto funds topped $7.6 billion, including its massive $4.5 billion Crypto Fund 4 in 2022.
BitMEX Co-Founder Commits $27 Million to London Mathematics Institute Following Trump Pardon
Ben Delo paid a $10 million fine after pleading guilty to US banking violations in 2022 and was granted a pardon by President Donald Trump in March 2025.
Bank of Japan Explores Blockchain Technology for Bank Deposit Settlement in Innovative Sandbox Initiative
BOJ Governor Kazuo Ueda said the experiments will examine links between blockchain systems and Japan’s existing settlement infrastructure.
Bank of Japan Plans Pilot Program for Blockchain-Based Reserve Settlement, Says Governor Ueda
Bank of Japan Governor Kazuo Ueda said a sandbox is underway to test whether central bank money can operate in blockchain-based systems.
Bitcoin ETFs See $458 Million Surge in Net Inflows as Institutional Investors Capitalize on Global Market Uncertainty, Analysts Report
Analysts told The Block that institutions are increasingly viewing bitcoin as a maturing diversifier asset.
Former LAPD Officer Convicted in Teen Kidnapping Case Linked to Cryptocurrency Heist
Former LAPD officer Eric Halem was convicted of kidnapping and robbery for stealing $350,000 in bitcoin in 2024.
Core Scientific Experiences Decline in Share Value After Q4 Earnings Fall Short of Expectations
Core Scientific missed revenue expectations in the fourth quarter as Bitcoin miners were squeezed by lower prices and higher costs.
Bitcoin Approaches a Significant Turning Point as the Four-Year Cycle Concludes, Says VanEck CEO
Jan van Eck suggested that analysts have been overcomplicating recent Bitcoin price action, arguing that the four-year cycle has been the main driver holding prices down.
Hackers Impersonating Venture Capitalists Compromise QuickLens in Recent Wave of Crypto Attacks
The ClickFix technique gained popularity among crypto hackers last year, but security researchers have been tracking it since 2024, with targets spanning several industries.