The creation of the index comes off the back of some political developments correlating with the index’s upward trajectory. The following is an excerpt from The Block’s Data and Insights newsletter.

The SEC said it would be soliciting comments and asked for those to be submitted 21 days after publication in the Federal Register. Eric Balchunas, senior ETF analyst for Bloomberg, said that Nasdaq’s ...

The central bank is not against innovation, said Federal Reserve Chair Jerome Powell during a press conference on Wednesday. Crypto firms have complained about the difficulty of establishing and ...

Bitcoin’s price traded up a muted 0.5% over the past day as the U.S. Federal Reserve kept interest rates steady at the 4.25%-4.50% range. Analysts said that if the Fed delivers two or more rate cuts ...

Trump Media & Technology Group has launched a fintech venture called Truth.Fi, aiming to invest up to $250 million in bitcoin, similar cryptocurrencies or crypto-related securities, ETFs and other ...

Sei Foundation has launched Sapien Capital, a $65 million venture fund to back DeSci startups building on its Layer 1 Sei blockchain. The foundation has fully committed the $65 million, with no ...

During a Senate Commerce Committee hearing to consider his nomination on Wednesday, Ranking Democrat Sen. Maria Cantwell asked a series of questions about Lutnick and Cantor Fitzgerald’s involvement ...

D.E. Shaw joins Starboard Value in pushing Riot Platforms to make changes, Reuters reports. Riot Platforms said last week it is looking into the AI and HPC boom. A second activist investor, D.E. Shaw, ...

Mevvy has raised $2.8 million in seed funding to streamline MEV search and execution for traders. The round was led by Multicoin Capital, with participation from Chapter One Ventures, Hypersphere and ...

D3 Global is building tools for domain-based lending, fractional ownership, digital identity and other financial use cases. The firm plans to launch the decentralized network called Doma Protocol ...

Matt Hougan said President Trump’s crypto executive order to explore a strategic digital asset reserve last week could potentially see the end of crypto’s four-year market cycle. However, the Bitwise ...

Digital Currency Group is spinning out a new mining subsidiary called Fortitude Mining. The unit will be focused on mining bitcoin and other “high-growth digital assets.” Digital Currency Group, the ...