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The Block

The first and final word in digital assets

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Bitcoin illiquid supply declines as 62,000 BTC moves out of long-term holder wallets: Glassnode
A recent estimate from Fidelity found that as much of 42% of Bitcoin's supply could be considered illiquid by 2032, if current trends hold. ...

Tether-backed Rumble will debut Bitcoin tipping for its 51 million monthly users in December
Rumble Wallet will soon support payments and tips in Bitcoin, USDT, and Tether Gold for its 51 million monthly active users. ...

Kyrgyzstan to launch stablecoin on BNB, plans CBDC in partnership with adviser Changpeng Zhao
The country is also planning to create a national cryptocurrency reserve that will include BNB tokens, CZ said on X. ...

Crypto.com seeks OCC federal charter, joining Coinbase, Ripple, and others
The exchange has processed more volume than Coinbase in recent months, according to The Block's data. ...

Coinbase’s Base token could be worth as much as $34 billion, JPMorgan says
JPMorgan see Coinbase’s Base network growth and upcoming token exploration as a shift toward deeper onchain monetization....

President Trump taps Michael Selig to lead CFTC amid push for crypto oversight: Bloomberg
The White House tapped Michael Selig to lead the CFTC as lawmakers move to cement the agency's authority over digital assets....

SpaceX moves another $134 million in bitcoin to new wallets: Arkham
SpaceX appears to be consolidating its BTC by moving the cryptocurrency from older, legacy wallet addresses to new, modern ones....

Ledger’s new native multisig rollout sparks criticism over ‘cash cow’ fee model
Ledger’s new multisig rollout sparked backlash from developers over added fees and lack of support for older Nano S devices....

The Daily: JPMorgan’s BTC and ETH pledge, Polymarket’s token and airdrop plans, OG bitcoin miner’s 14-year dormancy ends, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Zelle weighs stablecoin integration to expand its trillion-dollar payments network abroad
Early Warning Services, which operates Zelle, has launched an initiative designed to explore international transfers using stablecoin technology....