The Block Co.

The Block Co. is a news outlet providing objective, impactful, and timely information about the digital asset space. The site covers the global cryptocurrency and blockchain space with an emphasis on how it interacts with traditional finance, technology, governments, and markets. The articles provided show no instances of bias or conflict of interest but do contain some contradictions and deceptive practices.

68%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

90%

Examples:

  • The articles provided show no instances of bias.

Conflicts of Interest

60%

Examples:

  • There are no clear instances of conflict of interest reported in the articles or about us section.

Contradictions

95%

Examples:

  • There is one instance of contradictory information in an article regarding SEC's decision on a specific ETF proposal.

Deceptions

50%

Examples:

  • There are two instances of deceptive practices in one article, involving misleading information about bitcoin holdings and price surge.

Recent Articles

  • Mt. Gox Creditors: Wait Up to Three Months for Bitcoin or Bitcoin Cash Repayments from Designated Exchanges

    Mt. Gox Creditors: Wait Up to Three Months for Bitcoin or Bitcoin Cash Repayments from Designated Exchanges

    Broke On: Saturday, 06 July 2024 Mt. Gox creditors face varying wait times of up to three months for repayments, with Kraken taking the longest at 90 days and BitGo completing payouts in 20 days. The trustee started making repayments on July 5, transferring $2.71 billion in BTC from Mt. Gox's wallet.
  • JPMorgan Anticipates Pre-November Debut of Ethereum ETFs: Implications for Ethereum Economics

    JPMorgan Anticipates Pre-November Debut of Ethereum ETFs: Implications for Ethereum Economics

    Broke On: Thursday, 23 May 2024 JPMorgan anticipates the start of Ethereum ETF trading before November, following SEC approval of eight applicants under the Financial Innovation and Technology for the 21st Century Act. This development grants CFTC jurisdiction over crypto and identifies digital assets as 'digital commodities'. The impact on Ethereum's economics, including potential transaction volume increases, remains uncertain.
  • SEC Approval of Eight Spot Ethereum ETFS Boosts Ethereum Price by 20%: A New Era for Crypto Investing

    SEC Approval of Eight Spot Ethereum ETFS Boosts Ethereum Price by 20%: A New Era for Crypto Investing

    Broke On: Thursday, 23 May 2024 The Securities and Exchange Commission (SEC) approved the sale of eight spot Ethereum ETFS on May 23, 2024, leading to a 20% increase in Ethereum's price. This approval follows the successful launch of Bitcoin ETFs earlier this year and is seen as a sign of softening regulatory stance towards crypto. The decision is expected to boost Ethereum's price further and bring more investors into the market, while also potentially leading to increased regulatory clarity in traditional finance.
  • SEC Poised to Approve Spot Ether ETFs: Nasdaq, CBOE, and NYSE Asked to Update Applications

    SEC Poised to Approve Spot Ether ETFs: Nasdaq, CBOE, and NYSE Asked to Update Applications

    Broke On: Tuesday, 21 May 2024 The US Securities and Exchange Commission (SEC) is reportedly set to approve spot ether exchange-traded funds (ETFs), according to sources familiar with the process. The SEC asked Nasdaq, CBOE, and NYSE to fine-tune their applications for listing spot ether ETFs, signalling a potential green light for filings from VanEck and ARK Investments/21Shares. If approved, this would mark a major win for the cryptocurrency industry and could attract significant investment from hedge funds, wealth advisers, and retail investors.
  • SEC Delays Decision on Franklin Templeton and Grayscale's Ethereum ETF Applications: Uncertainty Surrounds Future Approval

    SEC Delays Decision on Franklin Templeton and Grayscale's Ethereum ETF Applications: Uncertainty Surrounds Future Approval

    Broke On: Tuesday, 23 April 2024 The SEC has delayed decisions on proposed Ethereum ETFs from Franklin Templeton and Grayscale, with a potential approval or rejection expected by June 11 for the former. Standard Chartered predicts Ether ETFs won't be approved in May due to macro risks and slowing spot BTC inflows. The first wave of ETF buying is complete, with the next wave anticipated from wider macro funds.
  • SEC Delays Decision on Franklin Templeton and Grayscale's Ethereum ETF Applications: Uncertainty Surrounds Future Approval

    SEC Delays Decision on Franklin Templeton and Grayscale's Ethereum ETF Applications: Uncertainty Surrounds Future Approval

    Broke On: Tuesday, 23 April 2024 The SEC has delayed decisions on proposed Ethereum ETFs from Franklin Templeton and Grayscale, with a potential approval or rejection expected by June 11 for the former. Standard Chartered predicts Ether ETFs won't be approved in May due to macro risks and slowing spot BTC inflows. The first wave of ETF buying is complete, with the next wave anticipated from wider macro funds.
  • Upcoming Bitcoin Halving: Bracing for Potential Price Surge and Impact on Miners

    Upcoming Bitcoin Halving: Bracing for Potential Price Surge and Impact on Miners

    Broke On: Saturday, 20 April 2024 In May 2023, the Bitcoin network will undergo its third halving event, reducing rewards for mining new blocks in half. Historically preceding price increases, this event could lead to a bull run and new all-time highs for Bitcoin. Adam Sullivan of Core Scientific anticipates major rally despite challenges, while Mark Cuban explores AI's impact on miners.
  • Square and Cash App Revenue Drive Block's Fourth-Quarter Gross Profit Growth

    Square and Cash App Revenue Drive Block's Fourth-Quarter Gross Profit Growth

    Broke On: Friday, 23 February 2024 Block, led by Jack Dorsey, reported fourth-quarter earnings that exceeded analysts' estimates for gross profit and showed strong growth in Square and Cash App revenue. The company generated $2.03 billion in gross profit for the quarter, up 22% from the previous year.
  • SEC Allows Listing of Spot Bitcoin ETFs on US Exchanges, Marking a Significant Milestone for Cryptocurrencies

    SEC Allows Listing of Spot Bitcoin ETFs on US Exchanges, Marking a Significant Milestone for Cryptocurrencies

    Broke On: Monday, 15 January 2024 The US Securities and Exchange Commission (SEC) has granted permission to list spot bitcoin exchange-traded funds (ETFs) on US exchanges, marking a significant milestone in the acceptance of cryptocurrencies among Wall Street giants. This decision allows institutional investors to put money into digital currencies. Despite positive developments, it is crucial to approach Bitcoin and other cryptocurrencies with caution and an understanding of potential risks.
  • The SEC Reviews Filings for Spot Bitcoin ETFs

    The SEC Reviews Filings for Spot Bitcoin ETFs

    Broke On: Friday, 05 January 2024 The SEC is reviewing filings for spot bitcoin ETFs Grayscale Investments needs to file an amended form 19b-4 and S-1 forms before trading can begin BlackRock's spot bitcoin ETF doesn't have a deadline until March, but there is still some uncertainty about when it will launch The SEC has been working closely with issuers over the last few months to fix any remaining concerns, including redemption models, authorized participants and managing hard forks and airdrops Some spot bitcoin ETFs don't have deadlines until March, but there is still some uncertainty about when they will launch