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Raking in crypto dividends: How did the family of Trump's Secretary of Commerce earn 2.5 billions dollars a year?
Raking in crypto dividends: How did the family of Trump's Secretary of Commerce earn 2.5 billions dollars a year?

After Howard Lutnick became the Secretary of Commerce in the Trump administration, his family's investment bank, Cantor, is heading toward its most profitable year ever.

ForesightNews 速递·2025/11/17 16:52
Bitcoin dips below $90,000, marking 'significant' psychological break: analysts
Bitcoin dips below $90,000, marking 'significant' psychological break: analysts

Quick Take Bitcoin fell below $90,000 on Monday, as analysts pointed to institutional repositioning and profit-taking from short-term traders. One analyst noted $80,000 as a critical threshold, where a break below could lead to lows of around $74,000 seen in February.

The Block·2025/11/17 16:00
Amplify launches XRP covered-call ETF targeting 3% monthly income
Amplify launches XRP covered-call ETF targeting 3% monthly income

Quick Take Amplify’s new XRPM fund offers XRP price exposure and targets a 36% annual option premium through weekly covered calls. The actively managed ETF aims to balance income and capital appreciation without directly investing in XRP.

The Block·2025/11/17 16:00
Bitcoin and Ethereum spot ETFs see combined $437 million in outflows
Bitcoin and Ethereum spot ETFs see combined $437 million in outflows

Quick Take Spot bitcoin and Ethereum ETFs saw a combined net outflow of $437 million on Monday, continuing their negative flow trend. Recently launched Solana, XRP and Litecoin ETFs saw positive flows on Monday, potentially signaling early capital rotation toward altcoins.

The Block·2025/11/17 16:00
Brazil Considers Tax on Crypto Cross-Border Payments to Close Regulatory Gap
Brazil Considers Tax on Crypto Cross-Border Payments to Close Regulatory Gap

Brazil’s Finance Ministry is reviewing a tax on stablecoin transfers after the Central Bank reclassifies them as forex operations.

Coinspeaker·2025/11/17 16:00
OCC says banks can hold certain cryptocurrencies to pay gas fees in latest guidance
OCC says banks can hold certain cryptocurrencies to pay gas fees in latest guidance

Quick Take Banks may have to pay network fees as part of doing business and hold crypto on balance sheets to pay those fees, the bureau said in its Interpretive Letter 1186 on Tuesday. The OCC referred to Ethereum as an example, saying that the Ethereum network requires transactions to be denominated in ETH.

The Block·2025/11/17 16:00
Block positioned to ride rising demand for on-demand liquidity in fintech apps: analysts
Block positioned to ride rising demand for on-demand liquidity in fintech apps: analysts

Quick Take Block’s Square business is showing early signs of recovery as new lending models and wider distribution help close the gap between payment volume and profit. Cash App’s expanding crypto capabilities, including Lightning and stablecoin payments, further link its consumer and merchant ecosystems.

The Block·2025/11/17 16:00
Uniswap weighs protocol burns as its 2025 fee haul approaches $1 billion
Uniswap weighs protocol burns as its 2025 fee haul approaches $1 billion

Quick Take Since the beginning of the second quarter, monthly fees generated by Uniswap grew by 17% on average. The following is excerpted from The Block’s Data and Insights newsletter.

The Block·2025/11/17 16:00
Ethereum Foundation reveals latest work on 'Interop Layer' to make L2 ecosystem 'feel like one chain'
Ethereum Foundation reveals latest work on 'Interop Layer' to make L2 ecosystem 'feel like one chain'

Quick Take The Ethereum Foundation’s Account Abstraction team published a blog post on Tuesday outlining the goals for the upcoming Ethereum Interop Layer, which is now open for testing.

The Block·2025/11/17 16:00
US Senate banking chair eyes vote on crypto market bill next month
US Senate banking chair eyes vote on crypto market bill next month

Quick Take Senate Banking Chair Tim Scott said he aims to have committees vote on the crypto market structure bill next month. Scott added that he hopes to bring the bill to the Senate floor in early 2026 for President Trump’s sign-off.

The Block·2025/11/17 16:00
Flash
20:26
Wheeler Real Estate Investment Trust has filed documents with the US Securities and Exchange Commission, planning to issue up to 100.1 million shares of common stock.
This stock issuance aims to raise funds through the public market, with the specific issuance terms to be finalized based on market conditions and regulatory approval processes. The company stated that the funds raised will be used for general corporate purposes, which may include repaying existing debt, investing in new real estate projects, or providing liquidity support for operations. As a real estate investment trust focused on retail property investment, Wheeler's move reflects its strategy to seek capital flexibility and growth opportunities in the current market environment. Large-scale stock issuances typically have a dilutive effect on existing shareholders' equity, and the final pricing and market acceptance will be key factors influencing the company's future stock price trends.
20:21
Brent Oil Fund closed down more than 1.7%, leading the decline among major US stock asset class ETFs
The agricultural products fund closed up by 0.08%. The long US Dollar Index rose by 0.21%. The soybean fund increased by 0.29%. The Dow Jones ETF gained 0.30%. The Emerging Markets ETF climbed 0.59%. The Russell 2000 Index ETF advanced 0.88%. US Real Estate ETF rose 1.08%.
20:12
According to data from the American Iron and Steel Institute (AISI), as of the week ending June 20, the capacity utilization rate of the U.S. steel industry reached 80.2%.
This data can, to a certain extent, reflect recent production and operational trends in the US steel industry, and can also serve as a reference for analyzing supply and demand trends in related industries.
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