🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules

Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card-network crypto rules

On Fomo, a popular "social trading" app, buying Bitcoin or Ethereum means either transferring in crypto from an outside wallet or buying USDC stablecoins with a debit card before making a swap. On Robinhood Wallet, the public fintech's self-custody wallet app, the same general steps are required, th…

VeChain Price Faces Key Test as VIP-255 Nears Launch

VeChain Price Faces Key Test as VIP-255 Nears Launch

The VeChain price has reached a level where the next move could depend heavily on whether buyers can finally push through the 200-day EMA. The resistance sits around $0.0070, just as VeChainThor prepares for its major VIP-255 upgrade on September 16.VIP-255 Brings Three Core Protocol ChangesVeChain’…

Chainalysis says global crypto taxable activity topped $457 billion in 2025

Chainalysis says global crypto taxable activity topped $457 billion in 2025

Global onchain crypto taxable activity reached at least $457 billion in 2025, with the U.S. accounting for $112.6 billion, according to Chainalysis.In a report published Wednesday, the blockchain data and analytics platform said its analysis covered Bitcoin, Ethereum, Solana, Tron, BNB Smart Chain, …

PURR jumps 15% as Hyperliquid Strategies updates $1.9 billion HYPE treasury and ‘fortress balance sheet’

PURR jumps 15% as Hyperliquid Strategies updates $1.9 billion HYPE treasury and ‘fortress balance sheet’

Nasdaq-listed Hyperliquid Strategies reported first-half fiscal earnings Thursday morning, raising $647 million in equity capital. The firm more than doubled its Hyperliquid (HYPE) treasury to 29.3 million tokens, valued at roughly $1.9 billion at the end of its fiscal year ended June 30.Hyperliquid…

Hyperliquid Policy Center urges SEC, CFTC to harmonize rules for perpetual contracts

Hyperliquid Policy Center urges SEC, CFTC to harmonize rules for perpetual contracts

The Hyperliquid Policy Center argues that perpetual contracts should be classified based on their economic structure — not simply on whether they reference bitcoin, oil or a stock — and says clearer rules could help bring the fast-growing market onshore.In a comment letter published Monday, the HPC …

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Hi, we are going to embed X post:How many holes are in the shirt?No one has been able to get this correctly Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures inv…

Fasset reaches unicorn status after $68 million raise led by SBI Group

Fasset reaches unicorn status after $68 million raise led by SBI Group

Fasset has raised $68 million in a Series C led by Japan's SBI Group, valuing the stablecoin-focused neobanking platform at $1 billion as it expands its cross-border settlement infrastructure..The Los Angeles-based company said in a statement shared with The Block that it will use the funding to exp…

Bitcoin’s rally pushes past $72,000 as analysts see demand beyond historic short squeeze

Bitcoin’s rally pushes past $72,000 as analysts see demand beyond historic short squeeze

Bitcoin extended its rally Thursday, climbing above $72,000 for the first time since May, a day after crypto markets recorded their largest-ever short-liquidation event.Bitcoin shorts were liquidated to the tune of $2.75 billion on Wednesday, CoinGlass data shows, as markets were juiced by expanded …

AI agents could make today’s billion-dollar crypto hacks look like ‘pennies,’ industry leaders warn

AI agents could make today’s billion-dollar crypto hacks look like ‘pennies,’ industry leaders warn

Artificial intelligence agents are being hyped up as the answer to eliminating the friction involved in navigating crypto and next-gen financial services, but industry heads warn they could do the same for bad actors looking for their next targets."We're acting like agents are always good, and I thi…

Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally

Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally

Bitcoin climbed to $69,000 for the first time in two months on Wednesday, while ether reclaimed $2,000 as crypto markets rallied following a Treasury buyback expansion and the SEC's latest crypto offering proposal.On Wednesday morning, the U.S. Department of the Treasury said it is increasing, by at…

HYPE token surges after Trump says CFTC is working to bring Hyperliquid to US in ‘fully compliant fashion’

HYPE token surges after Trump says CFTC is working to bring Hyperliquid to US in ‘fully compliant fashion’

President Donald Trump said Commodity Futures Trading Commission Chair Michael Selig is working to bring perpetuals-focused trading platform Hyperliquid into the U.S. in a "fully compliant and legal fashion" as the platform gains traction among traders.During a Wednesday press conference with techno…

‘Honestly, I don’t care’: Tether CEO dismisses critics following first KPMG audit

‘Honestly, I don’t care’: Tether CEO dismisses critics following first KPMG audit

Tether CEO Paolo Ardoino brushed off continued criticism of the stablecoin issuer following its first full financial audit, saying some critics are unable to admit that they were wrong about the company."Honestly, I don't care," Ardoino said in an exclusive interview with The Block's The Starting Bl…