The Block
Quick Take The highly-anticipated Ethereum-compatible Layer 1 Monad has begun rolling out its testnet as part of a phased release, a source told The Block. Analysts at Bernstein have outlined the key upcoming catalysts that could propel bitcoin’s price to their cycle target of $200,000 in 2025. Netherlands-based Quantoz Payments has launched MiCA-compliant stablecoins USDQ and EURQ, pegged to the dollar and euro, on the Ethereum blockchain. The following article is adapted from The Block’s newsletter, The
Quick Take Ethereum-compatible Layer 1 blockchain Monad has begun rolling out its testnet as part of a phased release. “I made a tx, it was fast,” said well-known crypto trader Jordan Fish, also known as Cobie.
Quick Take The new company would allow large financial firms to create, trade and settle financial instruments via blockchain. Goldman Sachs launched a crypto desk in 2021 and launched its Digital Asset Platform a year later.
Quick Take The Treasury’s Office of Foreign Assets Control, or OFAC, designated Tornado Cash a sanctioned entity in 2022. The group of lawmakers asked Treasury to respond to questions about crypto mixers by Dec. 2.
Quick Take The Options Clearing Corporation said Monday it’s “preparing for the clearance” of options on spot bitcoin exchange-traded funds. Retail traders typically use options for speculation, while larger institutions use options as a hedge.
Quick Take TON Society’s “Hackers League” has a $1.4M prize pool and includes $2.1M in VC funding Hackers league consists of 20 boot camps each in a different city and 1 global online hackathon The global competition runs from September 12th to December 20th, 2024
Quick Take Econia Labs, known for their successful decentralized order book protocol ($210M+ trading volume), has launched emojicoin.fun – a platform enabling emoji-based tradeable digital assets on the Aptos blockchain. The platform uses sophisticated technical architecture, combining Concentrated Liquidity AMM and Constant Product AMM mechanics, with a focus on balanced liquidity and fair launch practices. The project represents a unique blend of serious DeFi infrastructure and cultural relevance, incorp
MicroStrategy has purchased another 51,780 BTC for approximately $4.6 billion at an average price of $88,627 per bitcoin.The latest acquisitions come amid MicroStrategy’s sale of 13,593,865 shares for the same value.
MARA Holdings announced its intention to offer $700 million of convertible senior notes in a private offering to qualified institutional buyers.The company plans to use the net proceeds to repurchase a portion of its existing convertible notes and acquire additional bitcoin.
Crypto investment products registered $2.19 billion worth of net inflows globally last week, according to CoinShares.The funds’ year-to-date net inflows have reached a record $33.5 billion, while assets under management hit a new peak of $138 billion.
