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The Block
The Block features breaking Crypto news about Bitcoin, Blockchain, Web3, and DeFi from the web's most reliable source.
05/07/2026 07:35 PM Benchmark calls Bitdeer ‘comparatively inexpensive’ as it reiterates $27 price target for BTDR shares
Bitdeer’s AI cloud ARR hit $43 million as of end-March, a 105% jump month-over-month, as its self-mining hashrate continues to grow.
05/07/2026 06:50 PM ZachXBT accuses projects like LAB of ‘highly questionable price action’, posts $10,000 bounty for info on alleged market manipulation
ZachXBT has called out several projects for alleged manipulation, most recently including the AI trading terminal project called LAB.
05/07/2026 06:21 PM Bitcoin bulls ‘approaching the ceiling’ near $85K resistance with $1.69B ETF inflow streak and macro tailwinds aligned: analysts
Bitcoin trades near $81,000 after clearing key on-chain thresholds, with Glassnode flagging $85,200 as the next ceiling.
05/07/2026 06:08 PM Treasury demands Binance comply with monitoring guidelines amid reports over $1 billion flowed to Iran-linked groups: report
Binance is required to comply with monitoring program as part of pleading guilty to charges in 2023 related to sanctions and money laundering.
05/07/2026 04:39 PM JPMorgan says Strategy’s bitcoin buying could reach $30 billion this year at current pace
Michael Saylor's Strategy has added 145,834 bitcoin worth around $11 billion so far this year, JPMorgan analysts noted.
05/07/2026 04:02 PM Crypto ETF boom continues with debut of first fund to track Canton
A new crypto exchange-traded fund has entered the chat — the 21shares Canton Network ETF made its debut on Nasdaq Thursday.
05/07/2026 03:56 PM AWS taps Coinbase and Stripe to power USDC payments for AI agents
In the growing agentic economy, stablecoins are emerging as a key payment rail because of their low cost and programmability.
05/07/2026 03:00 PM Kalshi hits $22 billion valuation after $1 billion raise led by Coatue
Kalshi reached a $22 billion valuation after a $1 billion Series F, as institutional volume surged 800% since November 2025.
05/07/2026 02:55 PM Bitwise to take over Superstate’s $267 million tokenized Crypto Carry Fund
USCC will be renamed the Bitwise Crypto Carry Fund while keeping the same ticker, smart contracts, and token address.
05/07/2026 02:26 PM Kraken parent Payward to acquire Hong Kong stablecoin firm Reap for $600 million
Kraken parent Payward agreed to buy Hong Kong stablecoin payments firm Reap Technologies for $600 million in another acquisition.
05/07/2026 02:07 PM Mysten Labs’ Abiodun says Sui processed over $1 trillion in stablecoin volume since August as it eyes free, private payments
Sui processed over $1 trillion in stablecoin volume since August as Mysten Labs' Abiodun eyes a zero-fee and private payments rollout.
05/07/2026 01:37 PM TD Cowen raises Strategy price target to $395 on shift toward STRC issuance and improved BTC Yield outlook
TD Cowen raised its MSTR price target to $395, citing an STRC preferred issuance shift and a revised BTC Yield forecast for fiscal 2026.
05/07/2026 01:21 PM Kraken co-CEO says tokenized equities won’t ‘open the floodgates’ for institutions overnight
Sethi noted that most current demand is coming from fintech firms and users in emerging markets rather than large U.S. financial institutions.
05/07/2026 11:58 AM Bitwise CEO says four-year crypto cycle is dead as institutional era takes hold
Bitwise's Horsley said the four-year cycle is dead and called Strategy's STRC a "juggernaut" set to push bitcoin into fixed income markets.
05/07/2026 11:13 AM Pantera says $321 billion tokenization market remains in ‘newspaper-on-a-website’ phase despite 60% growth
Pantera said that the $321 billion tokenization market is still in a "newspaper-on-a-website" phase, with 77.6% of assets still just wrappers.
05/07/2026 10:23 AM BNY expands crypto custody push in Abu Dhabi
BNY announced Thursday that it is expanding its crypto custody business to the UAE through partnerships with Finstreet and ADI Foundation.
05/07/2026 09:40 AM Core Scientific shares slip after bitcoin miner swings to Q1 net loss despite higher revenue
Core Scientific reported higher Q1 revenue and gross profit, though the company swung to a net loss driven largely by impairment charges.
05/07/2026 08:58 AM Spot bitcoin ETFs post five-day inflow streak totaling nearly $1.7 billion
The ETFs are on their way to report their sixth consecutive week of net inflows, which would be the longest weekly streak since July 2025.
05/07/2026 06:58 AM Bithumb eyes Vietnam expansion under new partnership with SSID
Bithumb said it may make direct investments in the upcoming exchange, contingent on local regulatory approval.
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