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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Senator Elizabeth Warren has formally pressed Beast Industries and YouTube star Jimmy Donaldson—known as MrBeast—for detailed information about the company’s recent acquisition of Step, a fintech app that offers banking services to teenagers and previously permitted minors to trade crypto. In a March 23 letter sent to Beast Industries CEO Jeff Housenbold and Donaldson, Warren warned that any expansion of financial services to young users, especially into decentralized finance (DeFi) or digital assets, must be handled with exceptional care and full compliance with legal protections. Warren Demands…
With just over a week left in the month of March, bitcoin is narrowly on track to avoid a historic losing streak. The asset is up around 2% on the month, holding above $68,000. However, a late pullback would see bitcoin close six consecutive months in the red, matching the longest negative streak on record, last seen between August 2018 and January 2019.From a technical standpoint, the 200-week moving average, (200WMA), remains a key level to watch. This metric, which tracks bitcoin’s long-term trend by averaging its closing price over the past 200 weeks, has historically acted as strong support…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strive Asset Management Chief Strategy Officer Avik Roy said Michael Saylor has effectively “struck oil” with STRC, arguing that Strategy’s latest preferred equity structure has opened a powerful new funding channel for Bitcoin accumulation. Speaking with The Bitcoin Historian, Roy cast STRC not as just another capital raise, but as a product design breakthrough for Strategy’s treasury model. In his telling, the significance is less about a new ticker and more about what it could unlock: a deeper pool of yield-seeking capital that can be recycled into…
By Omkar Godbole (All times ET unless indicated otherwise)The Iran war has single-handedly soured the macro environment for risk-takers in financial markets, and some participants are betting it could end soon.Onchain data tracked by Polymarket tracker PolymarketHistory shows that 10 wallets sprang to life on Sunday, wagering a cumulative $160,000 on a ceasefire by the end of March and eyeing a potential payout of over $1,000,000. The wallets have no prior transaction history and were created at the same time, raising suspicions of potential insider positioning on the outcome.In any case, if the war ends, markets, including cryptocurrencies, could see…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin treasury company Strategy has made a new Bitcoin purchase, adding another $76.6 million worth of the cryptocurrency to its stack. Strategy Has Bought Another 1,031 Bitcoin In a new post on X, Strategy co-founder and chairman Michael Saylor has shared the details related to the latest Bitcoin purchase made by the treasury company. On the last two Mondays, the firm made giant purchases worth more than $1 billion each, but it seems that the firm has slowed back down again with the latest acquisition as it…
Crypto prices surged on Monday after U.S. President Donald Trump said the nation would postpone attacks on Iran’s power plants for five days, easing concerns the conflict would escalate.However, a conflicting report emerged from Iran’s Fars news agency, which said that the talks cited by the U.S. president hadn’t taken place at all, adding to the confusion in the markets.Trump said in a Truth Social post that the two countries held “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.”The five-day hiatus doesn’t end the war, however, as Iran continues to…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Charles Hoskinson used a March 19 livestream to deliver a defense of crypto as a response to political dysfunction, market weakness, and what he described as a broader collapse in institutional legitimacy. Broadcasting from Colorado, the Cardano founder framed the current macro backdrop in apocalyptic terms, citing war, layoffs, inflationary pressure tied to energy costs, and a growing sense of social pessimism. Markets, he argued, are reacting to that broader stress rather than suffering from a crypto-specific failure. “The markets are down a little bit. They should…
Michael Saylor’s Strategy (MSTR) continued to add to bitcoin holdings last week, but at a vastly reduced pace from recent previous acquisitions.The leading bitcoin treasury company last week added 1,031 bitcoin for a total cost of $76.6 million, or $74,326 per coin.Strategy’s total holdings now stand at 762,099 BTC, acquired for approximately $57.69 billion, or an average price of $75,694 each.The new buys were entirely funded via the sales of common stock, according to a Monday filing.This latest acquisition was at a vastly reduced scale compared to the previous two weeks, when the company purchased more than $1 billion of…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure FTX founder’s legal saga continues as federal prosecutors question the authenticity of a retrial letter attributed to Sam Bankman-Fried (SBF) due to major inconsistencies in signature, address, and delivery method. SBF’s Retrial Motion Letter Under Scrutiny On Sunday, the US Department of Justice (DOJ) questioned the authenticity of a letter submitted by Sam Bankman-Fried from prison in support of his motion for a new trial, citing inconsistencies in the signature, address, and delivery method. In the filing, prosecutors told Judge Lewis Kaplan that the Government did not…
H100 Group (H100), a Stockholm-based publicly listed bitcoin BTC$70,675.55 treasury company focused on providing institutional exposure to bitcoin, said it signed a letter of intent to acquire Norwegian peers Moonshot AS and Never Say Die AS to increase its holdings of the largest cryptocurrency. If completed, the deal would roughly triple H100’s bitcoin stash to around 3,500 BTC, positioning it among Europe’s largest listed bitcoin treasury firms. Beyond that, H100 said it aims to strengthen its institutional profile, improve liquidity and expand its relevance in capital markets.The announcement follows the company’s January announcement that it plans to combine with Future…