Bitcoin’s latest recovery toward $69,700 is unfolding with almost no change in futures open interest, a pattern CoinGlass says fits a range-bound, leverage-heavy market rather than the start of a durable bullish trend. Summary CoinGlass notes that open interest rose as Bitcoin fell to about $68,750, signaling shorts adding into weakness, then barely changed during
An ongoing bear market combined with wider global economic struggles has hit crypto firms hard, causing delays, staff layoffs, and AI pivots. This week, crypto protocol Algorand announced it was reluctantly reducing its workforce by 25%. Algorand claimed the “tough” layoff was in response to “the uncertain global macro environment as well as the broader
Bhutan has sold over $110m in Bitcoin in 2026, cutting sovereign holdings by about 65% from their peak as Druk Holding shifts from mining-led accumulation to steady liquidation. Summary Druk Holding & Investments has offloaded more than $110m in $BTC this year, including a 973 $BTC transfer worth about $72.3m on March 17–18 routed partly
Bitcoin is holding just below $70k after a hawkish FOMC, ETF outflows, and a shift to Fear, with weak long conviction but easing miner selling and difficulty. Summary $BTC slipped roughly 5% post-FOMC, from near $74k to testing $70k, as the Fed signaled fewer 2026 cuts, ETFs flipped from $1.1b inflows to a $129m outflow,
Strategy CEO Phong Le suggested that a potential asset allocation by Morgan Stanley to Bitcoin could trigger a massive buying wave in the cryptocurrency market. In a post on social media, Le noted that Morgan Stanley’s asset management arm manages a portfolio of approximately $8 trillion. According to Le, if a 2% allocation—the midpoint of
U.S. President Donald Trump is putting intense pressure on the Federal Reserve to lower its benchmark interest rate. But as his war in Iran presses toward its fourth week, Bank of America economists raised the prospect of a policy move on Friday that’s in the opposite direction. Although the group still views cuts as more
Electric Capital published a research report on Monday, cataloging 501 distinct sources of real-world yield and cross-referencing them against tokenized assets with meaningful on-chain traction today. The venture firm found that only 34 of those yield sources have any on-chain presence above $50 million, and they cluster in familiar territory: U.S. Treasuries, private credit, corporate
Bitcoin’s volatility has dropped as its price has stabilized around $70,000, but traders are still paying up for downside protection, according to a new report from investment firm VanEck. Bitcoin’s realized volatility, or volatility based on actual observed price movements, has fallen from 80 to 50 over the past month, VanEck notes. But despite stabilizing
The global crypto market is starting to stabilize after a sharp sell-off as Bitcoin tries to settle near $70,000. However, positioning across derivatives and macro markets suggests that traders are far from confident about what comes next. The Fear and Greed index shows that investors are still seeing “Fear” in the market. VanEck’s data depicts
Publicly traded AI and blockchain firm Eightco Holdings ($ORBS) has upped its investment in leading artificial intelligence firm OpenAI, making an additional $40 million investment in the firm behind popular chatbot ChatGPT. The investment brings its total backing to $90 million in the firm led by co-founder and CEO Sam Altman, accounting for 30% of