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 […]
Starcloud plans to test Bitcoin mining in orbit by launching ASIC mining hardware aboard its upcoming Starcloud-2 satellite. The project builds on a 2025 mission that successfully ran Nvidia H100 GPUs in space and demonstrated orbital computing. The company believes continuous solar energy and natural cooling in space could reduce costs, though technical hurdles remain. […]
Although Bitcoin is no longer being priced as a macro hedge or rate/inflation trade, Bitcoin’s recent correlation with U.S. software equities doesn’t mean it has become a tech-stock proxy, analysis from financial services firm NYDIG finds. While correlations have risen to around 0.5, the firm argues that most of bitcoin’s price movements are still driven […]
US spot Bitcoin ETFs drew US$568.45 million in net inflows for the week, following US$787.31 million the prior week, the first two-week inflow streak since October 2025. The reversal ends a five-week outflow cycle that erased US$3.8 billion from the products, with the single worst week recording US$1.49 billion in outflows on Jan. 30. Ether […]
American Bitcoin’s corporate treasury reached about 6,500 BTC, after adding more than 500 BTC over the past three weeks. The company ordered 11,298 new ASIC miners rated at 13.5 joules per terahash, lifting its total owned fleet to 89,242 machines and targeting 28.1 EH/s of combined hashrate once the new rigs are deployed at its […]
Former White House communications director Anthony Scaramucci has said Donald Trump’s schemes and threats have caused entrenched political opposition that is hurting crypto markets. He still predicts that Bitcoin could reach $100,000 by the end of 2026, and also urged investors to treat the asset as a long-term investment. American financier and crypto pundit Anthony […]