James Hunt

🗞️ From Bitcoin's mined supply surpassing 20 million to the Winklevoss twins moving $130 million in BTC to Gemini, plus Bitwise's CIO on how bitcoin's price could reach $1 million — here are some of the stories that caught our eye @TheBlockCo this week in The Daily newsletter 👀 🧵⬇️

Vivek Ramaswamy's Strive adds 317 BTC, enters top 10 public treasury holders as Q4 results show bitcoin-driven losses theblock.co/post/394336/vi…

You can catch up on all today's news on @TheBlockCo at theblock.co/latest.

h/t: @timmyhmshen, @ParkKunwoong, @DangaWrites, @JeSuisNaga, @DanielGKuhn, @Yogita_Khatri5

ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlockCo 👇 🐳 A whale investor bought over $111 million worth of Ethereum again after previously dumping their ETH holdings a year ago. 📁 XRP-focused crypto treasury firm Evernorth filed an S-4 registration statement with the SEC to go public on the Nasdaq through a merger with Armada Acquisition Corp. II. 🐋 A bitcoin whale that originally accumulated 5,000 BTC about 13 years ago resumed selling, offloading another 1,000 BTC, worth about $70 million. 👀 Crypto market maker Flow Traders expanded into tokenized assets via its 24/7 over-the-counter trading platform, supporting products including tokenized money market funds, equities, and commodities. 🦹 Malicious cyber actors are exploiting the growing popularity of the open-source AI agent project OpenClaw with a phishing campaign to drain developers' crypto wallets, cybersecurity firm OX Security said. 🇰🇷 South Korea's main opposition party proposed abolishing a 22% crypto income tax set to start in 2027. 📉 Bitcoin and other major cryptocurrencies fell sharply on Thursday, tracking a broader risk-off move across global markets, as investors reacted to hotter-than-expected U.S. inflation data, hawkish signals from the Federal Reserve, and rising geopolitical tensions. 🚪 Crypto. com co-founder and CEO Kris Marszalek announced Thursday the exchange is reducing its workforce by approximately 12%, a move he attributed to a company-wide shift toward artificial intelligence integration. 💰 Animoca Brands said it has invested in AVAX, the native asset of the Avalanche blockchain, and partnered with Ava Labs, the network's developer, to grow the Avalanche ecosystem. 💸 Investors pulled $219.2 million from U.S.-listed spot bitcoin and ether funds on Wednesday, marking the first day of net outflows for both asset classes after a week of consecutive inflows. 🔄 Zenith, the newly launched blockchain and execution layer specifically designed to integrate Ethereum-compatible environments into the Canton Network, said it has completed atomic transactions between Canton and the Zenith EVM. 🦖 Real-world asset project T-REX Network tapped Polygon to build its dedicated T-REX Ledger. 😱 The average crypto hack now costs about $25 million, while median losses have fallen, but extreme exploits have grown larger, according to Immunefi. 🪙 Vivek Ramaswamy's Strive added 317 BTC to enter the top 10 public bitcoin treasury holders despite the firm's Q4 results showing bitcoin-driven losses.

ICYMI: Here’s a quick news wrap during the U.S. session at @TheBlockCo 📈 SEC has approved Nasdaq’s tokenized equities trading pilot 🇵🇾 HIVE launched its first AI GPU cluster in Paraguay, expanding beyond bitcoin mining into AI infrastructure 🤝 Polymarket acquired crypto startup Brahma to boost liquidity on its prediction platform. 🏛️ Senate Banking Committee has eyed an April vote on the crypto market structure bill, according to Sen. Lummis. 🥇 Trump-linked American Bitcoin has surpassed Galaxy in treasury rankings, with holdings climbing to 6,899 BTC. 💳 Visa Crypto Labs rolled out a command-line tool enabling AI bots for payments. 📉 Fold reported a $69.6 million net loss for 2025 as it pushes to grow its bitcoin credit card user base. 📊 Crypto market has shed $100 billion, with bitcoin dropping 5% amid Fed caution. 💰 FTX is set to distribute another $2.2 billion to creditors starting March 31. ✂️ Algorand Foundation cut 25% of its workforce, citing macro uncertainty and market downturn.

Strategy's STRC-fueled bitcoin buying spree highlights sentiment-driven structural risks: K33 theblock.co/post/394097/st…

You can catch up on all today's news on @TheBlockCo at theblock.co/latest.

h/t: @timmyhmshen, @ParkKunwoong, @DangaWrites, @JeSuisNaga, @DanielGKuhn

ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlockCo 👇 💰 RedotPay, which reached unicorn status last year, is reportedly in discussions to raise up to $150 million in fresh funding. 💸 Bitcoin ETFs have posted their longest inflow streak in five months — attracting about $1.17 billion in the past seven trading days. 💵 Stablecoin payments infrastructure firm TransFi raised $19.2 million in fresh funding to expand its stablecoin-powered cross-border payments platform targeting emerging markets. 🇬🇧 A cross-party parliamentary committee urged the UK government to "immediately ban" cryptocurrency donations to political parties, citing "unacceptably high" risks to electoral integrity. 🤔 Credit ratings agency Moody's launched a new Token Integration Engine to bring its credit analysis onchain. 🇧🇹 The Royal Government of Bhutan transferred 973 bitcoin, worth approximately $72.3 million, to multiple addresses across Tuesday and Wednesday, according to onchain data. 📈 Tangem reported more than $60 million in revenue for 2025, marking a 102% year-over-year increase, as the hardware wallet maker leans into a model it calls "active self-custody." 🇰🇪 Kenya's National Treasury published a draft of operational rules for the country's virtual asset sector on Wednesday, outlining licensing, reserve, and disclosure requirements for crypto firms. 🧐 Strategy's aggressive bitcoin accumulation, increasingly enabled by its STRC perpetual preferred stock, is introducing structural risks tied to market sentiment and pricing dynamics, according to K33. 😬 Bitcoin is nearing an inflection point ahead of the latest Fed meeting as liquidity and resistance collide, analysts said. 🔗 Tempo, the payments-focused blockchain co-developed by Stripe and Paradigm, integrated RedStone as an oracle provider.

You can catch up on all today's news on @TheBlockCo at theblock.co/latest.

h/t: @timmyhmshen, @ParkKunwoong, @DangaWrites, @JeSuisNaga, @ForTheWynn_

ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlockCo 👇 📈 Bitcoin tested the $75,000 level early Tuesday, with crypto prices climbing alongside a wave of short liquidations and improving macro sentiment. 🚪 Crypto market data platform Messari announced that CEO Eric Turner is stepping down, and the company has conducted layoffs as it pivots to focus on AI. 🇰🇷 Crypto . com partnered with KG Inicis, South Korea's largest payment gateway and value-added network provider, to allow foreign tourists to use digital assets to pay for local goods and services. 🧑‍⚖️ A former Los Angeles County Sheriff's deputy has been sentenced to more than five years in prison for using his badge to help "Crypto Godfather" Adam Iza extort rivals and engineer the false arrest of a business enemy. 📄 Cango reported a net loss of $452.8 million for its inaugural full year as a bitcoin miner despite generating $688.1 million in total revenue. 🏛️ Stand With Crypto stakeholders from states across the country sent a letter to senators urging them to protect decentralized finance and preserve a provision that allows crypto exchanges to offer rewards on stablecoins. 🇦🇷 A court in Buenos Aires ordered a nationwide block of Polymarket, citing concerns that the crypto-based prediction platform operates as an unlicensed online betting system. 🇻🇳 The Vietnamese finance ministry is reportedly drafting rules that would prohibit citizens from trading on overseas cryptocurrency platforms as local private banks and brokerages prepare to operate the country's first licensed exchanges. 💰 Mastercard said it has entered into a definitive agreement to acquire stablecoin infrastructure firm BVNK for up to $1.8 billion, including $300 million in contingent payments. 🪙 PayPal said it is expanding access to its PYUSD stablecoin to customers in 68 countries beyond the U.S. and UK.

You can catch up on all today's news on @TheBlockCo at theblock.co/latest.

h/t: @timmyhmshen, @ParkKunwoong, @DangaWrites, @JeSuisNaga

ICYMI: Here's a quick news recap from today's Asia & EMEA sessions @TheBlockCo 👇 📁 Crypto trading and lending firm BlockFills filed for Chapter 11 bankruptcy following weeks of turmoil, capping a months-long downward spiral that involved a temporary halt on client withdrawals. 📈 Bitcoin, ether, and other major cryptocurrencies posted gains as bitcoin's role as a macro hedge pushed the market into a "solid relief bounce" amid persisting geopolitical tensions, analysts said. 🕵️ Erik Voorhees, a prominent crypto figure and former CEO of the crypto exchange ShapeShift, reportedly purchased more than $56 million worth of Ethereum. 🇦🇺 An Australian Senate committee recommended the passage of a major cryptocurrency regulatory bill that would require financial licenses for crypto platforms. 🇰🇷 Hana Financial Group, one of South Korea's major financial conglomerates, signed a memorandum of understanding with Standard Chartered Group to collaborate on digital asset endeavors. 💸 U.S.-based crypto funds led more than $1 billion in weekly inflows as their positive streak extended to three weeks, per CoinShares data. 💰 Metaplanet raised about $255 million from institutional investors through a third-party share placement, with warrants that could bring total funding to around $531 million. 👀 Strategy purchased another 22,337 BTC for approximately $1.57 billion at an average price of $70,194 per bitcoin — taking its total holdings above 750,000 BTC. 🤝 Abra agreed to go public through a business combination with special purpose acquisition company New Providence Acquisition Corp. III in a deal that values the firm at a $750 million pre-money equity valuation. 🏦 Analysts at Bernstein likened Strategy to a "bitcoin central bank of last resort" as institutional demand strengthens BTC's capital base. 🤑 BitMine increased its Ethereum treasury again, acquiring 60,999 ETH over the past week and bringing total holdings to about 4.6 million ETH. 👮 The U.S. Secret Service, alongside UK and Canadian law enforcement agencies, launched Operation Atlantic targeting crypto approval phishing scams.

You can catch up on this week's other news on @TheBlockCo at theblock.co/latest.

HSBC and Standard Chartered are expected to receive the first stablecoin issuer licenses under Hong Kong's new regulatory framework, according to Bloomberg and SCMP, citing sources familiar with the matter. theblock.co/post/393502/hs…

Armed attackers posing as police officers forced a French couple in the Paris suburb of Le Chesnay to transfer about €900,000 ($1 million) in bitcoin during a home invasion before fleeing the scene. theblock.co/post/393036/ar…