Bloomberg reports indicate Block plans to cut 10% of its staff during annual reviews. We see this as part of a broader structural overhaul within Coincex operations.
The perp DEX is incubated by Aptos Labs and plans to leverage the blockchain’s high speed to deliver a highly responsive trading experience.
Block stated the restructuring will cost up to $500 million. We expect the process to conclude by mid-2026. Investors have accepted this decision.
We see Bitcoin attempting to break $70,000. However, futures and derivatives data suggest hesitancy. This may explain why a sustained move higher is proving difficult.
A U.S. Senator has launched a formal Senate Homeland Security Committee inquiry into Binance following reports that the exchange facilitated $1.7 billion in cryptocurrency transfers to Iranian entitie
A bill was introduced on Thursday to shield crypto software developers from criminal prosecution. I wonder if this implies the broader crypto market structure bill is being sidelined.
The Office of the Comptroller of the Currency has proposed rules for stablecoins. These include apparent limits on rewards that may affect Coinbase.
The bitcoin miner inked a deal with investment firm Starwood to convert and expand select facilities to serve data center needs for AI.
The long-term plan proposes a series of upgrades aimed at faster transactions, higher capacity, and new privacy features.
Republican and Democrat senators alike pushed back on imprisoned FTX founder Sam Bankman-Fried's support of the Clarity Act crypto bill.
Binance long/short ratio (5m)
