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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.
05/12/2026 08:05 PM Bitcoin dominance rebounds above 58% signaling crypto market consolidation phase
Dominance peaked near 62%–63% last year before a sustained drawdown through late 2025, bottoming near 54%–55%.
05/12/2026 07:17 PM eToro Q1 crypto revenue drops to $2.15 billion from last year’s $3.5 billion
eToro's cost of revenue from cryptoassets fell substantially to $2.1 billion from $3.5 billion as trading activity cooled.
05/12/2026 06:32 PM Ethereum Foundation rolls out support for Clear Signing crypto security solution
Clear Signing is a crypto security feature that aims to simplify transaction descriptions so humans can understand what they're approving.
05/12/2026 06:14 PM Bitcoin Fog appeal tests DOJ theory that global crypto services fall under D.C. law
The panel also scrutinized the reliability of the "IP overlap" analysis used to link Sterlingov to Bitcoin Fog.
05/12/2026 05:00 PM Coinbase adds Solana-backed loans through Morpho, letting users borrow up to $100,000
Coinbase users can now borrow up to $100,000 against their SOL holdings through the exchange's Morpho integration on Base.
05/12/2026 04:00 PM Sky Ecosystem leads $13.5 million round for Stablewatch-incubated stablecoin yield startup Osero
Osero, a stablecoin yield project incubated by Stablewatch, has raised $13.5 million in a funding round led by the Sky Ecosystem.
05/12/2026 03:47 PM Poland lawmakers debate crypto bills as PiS party submits separate ban proposal
Poland lawmakers debated four cryptoasset bills as PiS submitted a separate proposal seeking a nationwide ban on crypto activity.
05/12/2026 03:34 PM Blockchain analytics firm Elliptic closes $120 million Series D as Deutsche Bank, Nasdaq deepen crypto bets
Elliptic raised $120M in a Series D at $670M valuation backed by Deutsche Bank and Nasdaq Ventures as TradFi splurges more on crypto bets.
05/12/2026 03:24 PM Franklin Templeton and Kraken’s parent company to explore new onchain investments
The two firms will explore launching new tokenized versions of Franklin Templeton financial instruments, such as yield products.
05/12/2026 02:07 PM ‘Favorable setup’: TD Cowen sees 106% upside in Sharplink as Galaxy yield fund, broadening Ethereum demand shift risk-reward
TD Cowen reiterates a $16 target on Sharplink after Q1 earnings, citing Galaxy partnership and 0.8x NAV discount as a "favorable setup."
05/12/2026 02:07 PM Labor unions oppose Senate crypto bill ahead of Thursday committee markup: report
Labor unions warned senators that a pending crypto bill jeopardizes worker retirement plans, CNBC reported.
05/12/2026 01:46 PM Bernstein reiterates $67 Figure target after Q1 loan volumes double, sees 72% upside from tokenization thesis
Bernstein reiterates $67 Figure target with 72% upside after Q1 loan volumes jump 113% year-over-year to $2.9 billion.
05/12/2026 01:05 PM Former bitcoin miner Bitfarms reports $145 million Q1 net loss amid Keel rebrand, AI transition
Keel Infrastructure posted a $145 million Q1 net loss as the Bitfarms successor pivots from bitcoin mining to AI infrastructure.
05/12/2026 01:00 PM Starknet launches strkBTC to bring ZK-powered shielded bitcoin to its Layer 2 network
The asset functions as a shielded bitcoin wrapper operating on Starknet rather than on the Bitcoin base layer itself.
05/12/2026 10:55 AM Bhutan government moves another 100 BTC as 2026 bitcoin outflows top $230 million: Arkham
Bhutan appears to have sold around $50 million in BTC per month this year, Arkham said, but still has $252 million in bitcoin remaining.
05/12/2026 10:38 AM Spot XRP ETFs report largest single-day inflow since January, worth $26 million
Bitrue Researcher Andri Fauzan Adziima said this 'quiet accumulation' signals institutional confidence in XRP.
05/12/2026 10:20 AM Crypto wallet provider Exodus reports wider Q1 loss as revenue falls 37%
Exodus Movement's net loss widened to $32.1 million in the quarter, compared with a net loss of $12.9 million a year earlier.
05/12/2026 10:07 AM Bernstein maintains $190 Circle price target as $222 million ARC presale cushions rate pressure
Bernstein maintained its $190 Circle target, citing ARC presale proceeds, USDC growth, and expanding stablecoin payments infrastructure.
05/12/2026 07:39 AM Three Tennessee men indicted in alleged $6.5 million crypto robbery spree
The defendants allegedly assaulted victims across multiple California cities and stole assets including $6.5 million in crypto.
05/12/2026 05:59 AM Updated Senate Banking Committee bill tackles stablecoin rewards, DeFi but sidesteps Trump’s crypto conflicts of interest
A fix to the ongoing discussions around stablecoin rewards and language on protecting software developers is in the updated legislative text.
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