James Hunt

3 days ago | theblock.co | James Hunt

Companies • June 25, 2025, 8:18AM EDT UPDATED: June 25, 2025, 8:29AM EDT Quick TakeWith over 100,000 BTC in total holdings, Tether CEO Paolo Ardoino said the firm’s bitcoin mining operations play a crucial role in securing its investment. Ardoino claimed the firm could become the largest bitcoin miner on the planet by the end of this year. In the latest episode of The Block's Big Brain podcast, Tether CEO Paolo Ardoino said the firm could become the largest bitcoin miner by the end of the year.

3 days ago | theblock.co | James Hunt

Markets • June 25, 2025, 6:15AM EDT UPDATED: June 25, 2025, 6:38AM EDT Quick TakeWhile Bitcoin ETF flows can be a key driver of the market, treasury companies are not having the same impact, according to K33 Head of Research Vetle Lunde. Despite the surge in bitcoin treasury companies, the use of in-kind share swaps that create little net demand helps explain why their market impact is weaker, he said. Bitcoin's sluggish price action has revived debate over what truly drives the market.

4 days ago | theblock.co | James Hunt

Deals • June 24, 2025, 1:46PM EDT The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. Happy Tuesday! Bitcoin and Ethereum surged overnight after President Trump announced a ceasefire deal between Israel and Iran, sparking a broad crypto rally. Despite ongoing confusion over the agreement, analysts say the spotlight now shifts to macro signals — like ETF flows and dollar strength — to determine whether the momentum can last.

4 days ago | theblock.co | James Hunt

Markets • June 24, 2025, 8:43AM EDT The latest investor sentiment study from crypto asset manager CoinShares revealed a significant credibility gap facing financial advisors: while most wealthy investors seek expert guidance on digital assets, many doubt their advisors are up to the task. CoinShares' survey of 500 investors — including high- and sub-high-net-worth individuals — found that 82% are more likely to work with a financial advisor who offers crypto investment guidance.

4 days ago | theblock.co | James Hunt

Companies • June 24, 2025, 7:27AM EDT The Smarter Web Company, a UK web design firm that has transitioned into a bitcoin treasury-focused company, announced on Tuesday that it has acquired an additional 196.9 BTC for £15.2 million ($20.3 million) at an average purchase price of £77,122 ($103,290) per bitcoin. The Aquis-listed firm now holds a total of 543.52 BTC — bought at an average price of £77,988 ($104,450) per bitcoin for a total cost of £42.4 million ($56.8 million).