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Timmy Shen

Taiwan

Asia Editor at The Block

Asia Editor @TheBlock__ | retweet ≠ endorse | Tips: [email protected] or Telegram @timmyhmshen | Be wary of impersonators & scammers!

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Articles

  • Ethereum jumps 20% after Pectra upgrade, marking largest gain in four years

    6 days ago | theblock.co | Timmy Shen

    Markets • May 8, 2025, 11:34PM EDT Ethereum jumped 20% to trade above $2,200 on Thursday evening ET following the major Pectra upgrade, driven by renewed risk-on sentiment that spurred investor buying. "ETH is finally catching up after lagging behind $BTC for most of the year," said Min Jung, research analyst of Presto Research.

  • Binance founder CZ confirms filing for presidential pardon from Trump

    1 week ago | theblock.co | Timmy Shen

    People • May 8, 2025, 12:54AM EDT Changpeng Zhao, founder and former CEO of Binance, has applied for a pardon from U.S. President Donald Trump following his release from prison last year. Zhao said on the Farohk Radio podcast released Tuesday that he formally submitted his pardon request through his lawyers two weeks ago. "We only submitted after the Bloomberg article and the Wall Street Journal article came out," Zhao said.

  • Arizona becomes second US state to enact crypto reserve bill

    1 week ago | theblock.co | Timmy Shen

    Regulation • May 7, 2025, 10:35PM EDT Arizona has become the second U.S. state to pass a bitcoin reserve bill into law, following in New Hampshire's footsteps earlier this week. Arizona Governor Katie Hobbs signed House Bill 2749 into law on Wednesday, allowing the establishment of a crypto reserve.

  • US Senate to vote on key stablecoin bill Thursday amid bipartisan tensions

    1 week ago | theblock.co | Timmy Shen

    The Block • May 7, 2025, 3:12AM EDT The U.S. Senate is poised to start voting on a landmark stablecoin bill on Thursday, despite growing resistance from Democrats and divisions within the GOP. Politico reported that Republican supporters of the bill, dubbed the GENIUS Act, are seeking to address mounting concerns within their own party while trying to secure support from a group of influential Democrats.

  • Metaplanet buys additional 555 BTC, issues another $25 million in bonds for more

    1 week ago | theblock.co | Timmy Shen

    Companies • May 7, 2025, 12:55AM EDT Metaplanet, often dubbed Asia's Strategy for its continued bitcoin accumulation, has purchased additional bitcoin worth about $53.4 million. In its latest disclosure on Wednesday, the Japanese investment firm said that it acquired 555 BTC for roughly $53.4 million at an average price of about $96,134 per bitcoin.

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Timmy Shen
Timmy Shen @timmyhmshen
9 May 25

RT @TheBlock__: Ethereum jumps 20% after Pectra upgrade, marking largest gain in four years https://t.co/uf6PmWPTuq

Timmy Shen
Timmy Shen @timmyhmshen
8 May 25

RT @TheBlock__: US banks can buy and sell customers' crypto assets on their behalf, OCC says https://t.co/AzX21czoBK

Timmy Shen
Timmy Shen @timmyhmshen
8 May 25

RT @TheBlock__: G7 leaders weigh discussing North Korean crypto hacks in June summit: Bloomberg https://t.co/SyiSKq64yu