BlackRock’s iShares Bitcoin Trust ETF (IBIT) opened this week on Monday with a net cash inflow as Bitcoin ($BTC) price rebounded above $71,000 on Tuesday, March 10. The IBIT, which has more than $53.2 billion in net assets under management (AUM), recorded a net cash inflow of about $109.31 million on Monday. As such, the
On March 10, 2009, the economy was on the brink of collapse, the S&P 500 sitting at ~679, having fallen nearly 60% from its 2007 peaks to mark the bottom of the 2008 financial crisis. At the time, market sentiment was at its lowest. Bank failures, collapsing housing markets, and recession panic dominated the headlines,
The price of Bitcoin is ticking up, but remains rangebound after having climbed 3% to $71,255 in the past day. Investors have been cautious amid threats from President Donald Trump on social media that “death, fire, and fury will reign” if Iran stops the flow of oil coming out of the region. Barrels of Brent
The Bitcoin funding rate 30-day percentile has crashed to a 3-year low of 6%, indicating increased short positions in the market. Bitcoin (BTC) has had a difficult 2025, dropping 18% since the year began amid the downtrend that has persisted since Q4 2025. However, a small recovery has emerged recently, with tensions in the Middle
Banks and financial institutions in the UAE are rapidly shifting from blockchain experimentation to real-world deployment, buoyed by the region’s early regulatory clarity, which experts believe has propelled the country into a leading hub for regulated digital finance The Result of a Clear Regulatory Approach According to Stephen Richardson, chief strategy officer and head of
Veteran trader Peter Brandt has mocked the growing bullish excitement around Bitcoin, joking that “drug use is at an all-time high among Bitcoin bulls.” This comes as speculation about a parabolic rally spreads across social media. Brandt made the remark while responding to a post from the crypto account Trending Bitcoin, which shared a chart
Nvidia is preparing to launch an open-source AI agent platform called NemoClaw, according to a WIRED report, as the chipmaker expands its push into enterprise AI infrastructure. The platform is being pitched to enterprise software companies and would allow organizations to deploy AI agents capable of performing tasks for internal workforces. Sources told WIRED the
Strategy (NASDAQ: MSTR) shares are up 4% on Tuesday, March 10, with Bitcoin ($BTC) rebounding by a similar margin and lifting sentiment across cryptocurrency-related equities. As the company holds roughly 721,000 $BTC, representing about 3.4% of the total supply accumulated at an aggregate cost of approximately $55 billion and an average purchase price near $76,000,
Latest developments: Infrastructure providers are increasingly building network-based stablecoin payment systems instead of single-provider rails, said Borderless CEO, Kevin Lehtiniitty, in an interview on CoinDesk’s Markets Outlook. Borderless recently partnered with wallet infrastructure provider Dfns to launch an institutional stablecoin off-ramp aimed at banks, fintechs and enterprises. The system routes stablecoin payouts through multiple liquidity
In her analysis of recent market developments, ARK Invest CEO Cathie Wood highlighted Bitcoin’s position relative to traditional assets, arguing that cryptocurrency is at the heart of the new global monetary system. Cathie Wood, a name closely followed in the financial world, addressed the turning points in the economy and technology world in her latest