Exchange operator Coinbase has chosen Nasdaq as the venue for its direct listing, according to two sources familiar with the San Francisco crypto unicorn's plans. The firm's plan to tap the public markets in the coming weeks follows a secondary offering on Nasdaq Private Market.  On January 25, Nasd...
Crypto exchange Kraken announced Monday that it will run its own Chainlink node to provide spot price data to decentralized finance (DeFi) applications and others. "Running our own Chainlink node will not only provide us with a mechanism to broadcast our Oracle Rates on any blockchain, but we can le...
Spot trading volume on cryptocurrency exchanges has crossed all previous records to reach over $900 billion in January, according to data compiled by The Block. Of the total about $906 billion, Binance accounted for almost 60% share, or about $518 billion. Coinbase and Kraken followed Binance, with ...
Tesla and SpaceX CEO Elon Musk has said that bitcoin is a "good thing," and that it is set to get mainstream attention. "I think bitcoin is really on the verge of getting broad acceptance by sort of the conventional finance people," said Musk on Sunday night in a Clubhouse chat session. "I don't hav...
Ethereum miners have brought in $800 million in January revenue, which surpasses the previous record highs seen three years ago.  The Block's Dashboard data shows that more than $311 million of Ethereum's January mining revenue came from transaction fees on the network, which accounted for nearly 40...
Bitcoin miners made more than $1.09 billion in January revenue, which is the highest point since December 2017, The Block's Dashboard data shows. The revenue for bitcoin miners last month has surpassed the level seen in January 2018, which was at $1.02 billion. The highest monthly revenue for bitcoi...
Bitcoin covered a 31.77% range last before closing near $33,100 - approximately 2.58% higher than last week's opening price. Bitcoin is likely to continue consolidating sideways until it decisively breaks from the $34,500 to $32,000 range, creating a market profile that offers a probable continuation of the current altseason....
Data collected by The Block Research shows that decentralized exchange Uniswap has seen just over $30 billion in volume for January. That figure eclipses December's total of roughly $15 billion, and exceeds Uniswap's previous all-time monthly high of $18.5 billion from September. In all, the DEX ec...
The Block Research's Ryan Todd released a deep-dive profile of crypto lending and depository startup BlockFi last week, which revealed the firm's nearly $100 million in revenue for 2020. "According to company documents reviewed by The Block Research, BlockFi now has over $8 billion in total client b...
Until last week, the r/bitcoin subreddit added between 20,000 and 30,000 new members on a weekly basis. That number of new subscribers surged to more than 150,000 for the week of January 24, according to data collected by The Block Research. Other cryptocurrency-related subreddits saw significant g...

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