In tuxedos and finery, one of the most famously dressed-down industries celebrated Friday night with a "Crypto Ball" in Washington to welcome the incoming administration of President-elect Donald Trump, which the crowd of digital-assets insiders trus

Massachusetts and Wyoming have formally introduced bills today to establish a strategic Bitcoin reserve for the state. California’s state representative has also started proceedings to draft a Bitcoin-focused bill. As of January 2025, at least 15 US

Crypto's chief political action committee has put money on its picks for the Florida congressional seats vacated by one of President-elect Donald Trump's closest allies, Matt Gaetz, and the politician Trump tapped as a national security advisor, Mich

Ahead of President-elect Donald Trump’s inauguration on Jan. 20, the Republican-majority US Congress has been busy appointing pro-crypto lawmakers to key positions in the legislature.The House of Representatives Subcommittee on Digital Assets, Financ

CRYPTO MARKETS SET TO POP INAUGURATION CHAMPAGNE Cryptocurrency investors look set to welcome Donald Trump to the White House next week, with prices of bitcoin leaping and crypto-focused stocks rallying ahead of Monday's inauguration. Bitcoin is up

Coinbase has introduced Bitcoin-backed loans, allowing users to borrow USDC stablecoin without selling their Bitcoin holdings.The service, powered by the open-source lending protocol Morpho and built on the Base blockchain, is available to US custome

Publicly traded U.S. crypto mining companies doubled their bitcoin holdings last year, taking the total to 92,473 valued at $8.6 billion as of end-December while the price of the largest cryptocurrency rose 120%, according to data from TheMiningMag.

Aave’s tokenholder community is mulling a foray into Bitcoin mining in a bid to boost revenues and accelerate adoption of Aave’s stablecoin, according to a proposal in the decentralized finance (DeFi) protocol’s governance forum. The Jan. 15 proposa

Happy Thursday! Didn't get invited to Trump's Crypto Ball on Friday? Me neither—but who needs a black-tie event when The Block has all the latest to keep you in the loop?In today's newsletter, Trump is apparently receptive to the idea of a U.S.-based

Scott Bessent, US President-elect Donald Trump’s anticipated pick for the country’s Treasury secretary, faced Senators in a hearing to explain his positions on financial issues.In a Jan. 16 hearing of the US Senate Committee on Finance, Bessent respo

The Global Token Exchange (GTE), a decentralized exchange (DEX) built on the MegaETH blockchain, has raised $10 million across three funding rounds. The funding includes a $1.5 million pre-seed round, $6.9420 million seed funding and a $2.5 million c

Coinbase now allows US customers to borrow up to $100,000 in USDC using bitcoin as collateral, the exchange announced today (Thursday). This offering is in collaboration with Morpho, a lending protocol on Coinbase's Base network. This service offers

Coinbase is adding bitcoin-backed loans to its U.S. product lineup, leaning on Morpho, the largest lending platform on its Base network, to drive eyeballs and wallets to its growing on-chain economy.The lending product isn't completely new: those fa

Coinbase has launched Bitcoin-backed onchain loans through Morpho, a decentralized lending protocol available on Ethereum and Coinbase-incubated Ethereum Layer 2 network Base.Customers can borrow up to $100,000 in the USDC stablecoin using their bitc

Oklahoma Representative Cody Maynard has proposed a strategic bitcoin reserve bill to allow the state to invest in cryptocurrencies, mirroring initiatives in several other U.S. states.Maynard announced on Wednesday that “House Bill 1203,” or the “Str

Texas state Senator Charles Schwertner has introduced a bill in the new legislative session to establish a strategic Bitcoin reserve in the Lone Star State. “It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve,” the Republ

Arkansas lawmakers have introduced a new bill that would ban crypto mining operations within 30 miles of any US military facility in the state.Senate Bill (SB 60) was introduced by Senator Ricky Hill and House Speaker Brian Evans on Jan. 15, aiming t

Lawmakers in Oklahoma and Texas are pushing forward proposals to establish a strategic Bitcoin reserve, reflecting the growing adoption of the digital asset in public finance.In Texas, State Senator Charles Schwertner introduced a bill to make Bitcoi

A new bill to establish Bitcoin as a strategic reserve asset was introduced to the Oklahoma House of Representatives on Jan. 15 by state Representative Cody Maynard.House Bill 1203, known as the Strategic Bitcoin Reserve Act, would allow Oklahoma’s p

The investment manager VanEck submitted Wednesday a filing for a new exchange-traded fund called the Onchain Economy ETF.Though the fund does not itself invest in digital assets or commodities, it invests "at least 80% of its net assets in digital tr