Bitcoin’s hash rate dropped to approximately 920 EH/s, down roughly 8% over the past week, with a difficulty adjustment of about −8% expected on March 20. Rising crude oil prices are pressuring miners in energy-sensitive markets, while hash price hit an all-time daily low of US$27.89 PH/s/day in late February. Major public miners have collectively […]
The FOMC held the federal funds rate at 3.75%, with only Fed Governor Stephen Miran dissenting in favour of a cut. The Fed revised its 2026 headline and core PCE inflation forecasts up to 2.7% from 2.4% and 2.5% respectively, with Chair Jerome Powell attributing the rise largely to oil price increases caused by the […]
CryptoQuant Head of Research Julio Moreno identified US$75,000 and US$85,000 as critical resistance levels tied to the Traders’ On-chain Realized Price, a metric tracking the average cost basis of short-term market participants. Hourly Bitcoin inflows into exchanges hit 6,100 BTC on March 16, with large deposits accounting for 63% of total inflows, the highest share […]
Citigroup lowered its 12-month Bitcoin forecast from US$143K to US$112K and its Ethereum target from US$4,304 to US$3,175, citing weaker network activity and slower legislative progress. The bank cut its projected bitcoin ETF demand from US$15 billion to US$10 billion. However, it still considers institutional inflows through ETFs the single most important catalyst for crypto […]
Strategy acquired 22,337 BTC for US$1.57 billion during the week ending March 15, marking its largest single-week Bitcoin purchase of 2026. The company funded roughly 75% of the buy through US$1.18 billion in STRC preferred stock sales, with US$396 million raised from common share offerings. Strategy now holds 761,068 BTC worth approximately US$55.8 billion, but […]
Bitcoin climbed 22.5% from its Feb. 6 low of US$60,000 to reach US$74,509, marking a third consecutive week of gains driven by renewed institutional demand. US spot Bitcoin ETFs recorded US$767 million in net inflows for the week ending March 13, snapping a five-month streak of net outflows totalling more than US$4 billion. Analysts cautioned […]
Indian authorities arrested Darwin Labs co-founder Ayush Varshney at Mumbai airport for his alleged role in the GainBitcoin fraud case Investigators claimed Darwin Labs developed the essential technology, wallets, and tokens used to operate the scheme and manage investor funds The fraudulent operation allegedly diverted approximately US$790 million from 8,000 investors through promised Bitcoin returns […]
US consumer prices in February were unchanged from a year earlier, holding at 2.4% in line with expectations, helping to calm markets buffeted by escalating conflict in the Middle East. The CPI reading helped steady risk assets and supported crypto markets, with Bitcoin holding above US$70,000 and showing relative strength vs stocks, software equities, and […]
Druk Holding and Investments transferred 175 BTC worth approximately US$11.85 million on March 10, bringing Bhutan’s total 2026 bitcoin sales to roughly US$42.5 million across BTC and USDT transactions. Bhutan’s holdings have dropped from approximately 13,000 BTC at their late-2024 peak to about 5,400 BTC, a 58% decline conducted without public explanation through institutional counterparties. […]
Strategy acquired 17,994 BTC for US$1.28 billion between March 2 and March 8, paying an average of US$70,946 per coin. The purchase was funded roughly 70% through Class A common stock sales and 30% through Stretch Preferred Shares, bringing total Bitcoin reserves to 738,731 BTC acquired for approximately US$56 billion in aggregate. Strategy’s holdings represent […]
