The Block
Quick Take The Tokyo-listed firm continued its bitcoin holding strategy with an additional purchase of 107.9 bitcoin. The latest purchase brought its total bitcoin holdings to 506.7 bitcoin, worth about $32.2 million at the current price.
Quick Take The SEC is distributing millions of dollars to investors in a failed online advertising blockchain startup. BitClave raised over $25 million in an unregistered initial coin offering in 2017.
On Wednesday, MSTR surpassed SPY and TSLA to become the most traded stock in terms of dollar value.This follows MicroStrategy’s latest debt offering and the announcement of its largest bitcoin buy to date.
Quick Take Franklin Templeton in August filed a registration statement with the agency for the Franklin Crypto Index ETF that would hold both ether and bitcoin. The SEC decided to postpone deciding whether to approve, disapprove or “institute proceedings,” according to a filing on Wednesday.
Quick Take Crypto wallet app Phantom placed ninth among the top free iPhone apps on Nov. 20, marking the first time Phantom has breached the top 10 bracket. Phantom trailed behind TikTok in eighth place and outranked WhatsApp and Instagram, coming in 13th and 14th, respectively. On Wednesday, it also placed second among free utility apps in the iOS app store, preceded only by Google’s search engine app.
Quick Take FTX co-founder Gary Wang avoided prison time at a sentencing hearing on Wednesday, according to Inner City Press and Reuters. BlackRock’s IBIT spot Bitcoin ETF achieved nearly $1.9 billion in notional exposure during its first day of options trading on Tuesday. Bernstein analysts named Robinhood the top “crypto deregulation trade,” following Donald Trump’s election win this month, raising their HOOD share price target to $51 — around 45% upside potential. The following article is adapted from Th
Quick Take Digital Currency Group is launching a new artificial intelligence-focused subsidiary called Yuma aimed at supporting the development of the open-source Bittensor network.
Quick Take Valantis Labs has raised $7.5 million from Cyber Fund, Kraken Ventures and others. Valantis claims its modular DEX protocol offers better features compared to Uniswap V4.
Quick Take dYdX founder Antonio Juliano discusses his return as CEO and the evolution of dYdX and the broader DeFi landscape.
Quick Take Users holding USDC in their Coinbase Wallet can now earn 4.7% annual percentage yield, paid out monthly on Base. Global users can access the new USDC reward, while those in the U.S. should see the feature this week.
