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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.
11/05/2025 10:52 AM ‘Violent selloff, not terminal’: Analysts see bitcoin consolidating after leverage flush dips price below $100,000
Bitcoin will likely consolidate under $110,000 after another de-leveraging event spurred the recent drop below $100,000, analysts say.
11/05/2025 10:48 AM Bitcoin’s ‘IPO moment’ means the days of 1% BTC allocations are over, Bitwise CIO says
"Early investors selling does not mark the end of an asset's journey; it just represents a new phase," Matt Hougan said.
11/05/2025 09:34 AM Canada unveils upcoming stablecoin legislation in federal budget
It plans to require issuers to hold adequate reserves, establish redemption policies and implement risk management frameworks.
11/05/2025 09:18 AM White House says Trump’s pardon of CZ was reviewed with ‘utmost seriousness’
U.S. President Donald Trump said in an interview over the weekend that he had no idea who Zhao was.
11/05/2025 06:08 AM Bitcoin and Ethereum ETFs post $800 million in combined outflows amid ‘extreme fear’ in market
However, one analyst said the bullish structure for the crypto market still stands despite the largely negative sentiment.
11/05/2025 02:52 AM Zohran Mamdani secures win to become NYC mayor, defeating Cuomo who recently pledged crypto innovation
Democratic socialist Zohran Mamdani secured a win in the race for New York City mayor against long-time Democrat Andrew Cuomo.
11/05/2025 02:03 AM Canaan raises $72 million from top investors including Brevan Howard and Galaxy Digital
The deal involves the issuance and sale of about 63.7 million American depositary shares at $1.131 per ADS.
11/05/2025 01:59 AM Gemini preparing to launch prediction market contracts: Bloomberg
In May, the exchange filed to launch a derivatives exchange, which may be used for prediction markets trading.
11/04/2025 10:18 PM CryptoQuant says bitcoin could drop to $72,000 by year’s end if $100,000 level doesn’t hold
CryptoQuant says bitcoin could fall to around $72,000 within one to two months if it fails to hold the $100,000 support level.
11/04/2025 08:42 PM Appeals court judges question Sam Bankman-Fried’s claims over FTX solvency
Arguments made by former FTX CEO Sam Bankman-Fried's lawyer in a bid to get a new trial may not have been convincing, Sam Enzer says.
11/04/2025 08:06 PM SEC crypto treasury probe frozen by shutdown, but subpoenas could fly soon after government reopens
Former SEC lawyers say the agency could advance the probe by issuing subpoenas within one to two months after the shutdown ends.
11/04/2025 06:57 PM The Daily: Stream Finance external fund manager discloses $93 million loss, Sequans dumps nearly a third of its bitcoin holdings, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
11/04/2025 06:39 PM Bitcoin teeters near $100,000, ether turns negative for the year amid crypto pullback
Bitcoin hit a daily low of $100,050 while the largest smart contract platforms Ethereum, BNB Chain, and Solana are down over 7%.
11/04/2025 06:19 PM Perp DEX volumes hit record $1.2 trillion in October as incentives, liquidations drive surge
Hyperliquid was the outlier among major perp DEXs as it ended the month about 16% below its peak two months prior.
11/04/2025 05:48 PM Hut 8 joins rank of top 10 largest public bitcoin holders with over 13,000 BTC
The bitcoin miner posted its quarterly report on Tuesday, showing its BTC stockpile grew by over 50% from Q3 2024.
11/04/2025 04:55 PM Sequans dumps nearly a third of bitcoin holdings to pay down debt as BTC falls to four-month low
Nasdaq-listed Sequans sold 970 bitcoins, cutting its bitcoin reserves to 2,264 BTC and halving its debt load.
11/04/2025 03:49 PM MARA posts record $123 million profit by pairing bitcoin operations with new power and AI assets
MARA is deepening its shift from pure bitcoin mining toward energy ownership and AI-focused infrastructure, mirroring broader sector trends.
11/04/2025 02:59 PM ‘Own power, get a $9.7B Microsoft deal’: Bernstein raises IREN price target to $125 following lucrative AI cloud contract
IREN's ownership of its 2.9 GW power portfolio gives it a cost and scalability advantage over rivals like CoreWeave, the analysts said.
11/04/2025 02:41 PM MyPrize aims to put social spin on prediction markets with Crypto.com partnership
Led by Polymarket and Kalshi, prediction markets have become a high-growth sector within digital assets as they let users wager on events.
11/04/2025 02:29 PM Former FTX CEO Sam Bankman Fried returns to court seeking new trial after FTX fraud conviction
Jailed former FTX CEO Sam Bankman-Fried is back in court as he looks to get a redo after being found guilty on multiple fraud charges.
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