$10.5B Bitcoin Options Expiry May Reset Market Expectations

Key takeaways: Bitcoin bulls need a 9% rally from current levels to take the advantage in Friday’s $10.5 billion options expiry. The 90% correlation between Bitcoin and the Nasdaq 100 Index shows that tech investor sentiment drives market confidence. Bitcoin (BTC) price surged to an eight-day high on Wednesday, successfully forming a double bottom near the $62,500 level. Despite these recent gains, Bitcoin price remains 21% lower than it was one month ago, suggesting bulls are unlikely to come out ahead during Friday’s $10.5 billion monthly BTC options expiry. Whether…

GDC Board Gives Company Greenlight to Sell BTC for Share Buyback

The board of directors for GD Culture Group (GDC), a publicly listed holding company focused on digital marketing and AI, on Wednesday authorized the company to sell Bitcoin (BTC) from its corporate treasury to pay for a share buyback program. The move appears to be a reversal of a May 2025 decision to build a cryptocurrency reserve of Bitcoin and Official Trump Coin (TRUMP). Wednesday’s authorization allows the company to sell the BTC from its treasury in “one or more transactions,” and the company is not under an obligation to…

NVIDIA reports $68.1B Q4 revenue as shares jump after hours on earnings beat

NVIDIA reported record fourth quarter revenue of $68.1 billion for fiscal 2026, up 20% quarter over quarter and 73% from a year earlier, as AI infrastructure demand continued to accelerate. Data center revenue reached a record $62.3 billion in the quarter, up 22% sequentially and 75% year over year. For the full fiscal year, total revenue climbed 65% to $215.9 billion, while data center revenue rose 68% to $193.7 billion. GAAP earnings per diluted share were $1.76 for the quarter and $4.90 for the full year. Net income in fiscal…

Ethereum Foundation releases Strawmap outlining L1 upgrades through 2029

The Ethereum Foundation has published a technical document titled Strawmap outlining a long-term vision for Ethereum protocol upgrades through 2029. The Strawmap was posted on X by Ethereum Foundation researcher Justin Drake on behalf of the EF Protocol team, highlighting a decade-scale development perspective for Layer 1 enhancements. Designed for researchers, developers, and governance participants, the document presents a unified visual timeline of proposed upgrades across the consensus, data, and execution layers. The framework sketches roughly seven forks by the end of the decade, based on an estimated cadence of…

Travala launches global car rentals via CarTrawler, expanding crypto travel payments

Travala has launched a global car rental vertical through a partnership with CarTrawler, expanding its crypto-powered booking platform to cover ground transportation across more than 150 countries. The integration gives Travala users access to over 50,000 car rental locations aggregated from more than 1,700 corporate and independent suppliers, including major brands such as Hertz and Avis. Bookings can be completed using Bitcoin, Ether, USDT, USDC, Solana, or traditional payment methods. The rollout builds on Travala’s broader travel marketplace, which includes more than 3 million properties, access to over 600 airlines,…

Kraken Launches Flexline Crypto-Backed Loans with 10–25% APR

Crypto exchange Kraken has launched Flexline, a crypto-backed loan product that allows Kraken Pro users to borrow against their digital asset holdings without selling them. According to Wednesday’s announcement, the fixed-rate loans carry terms ranging from two days to two years, with proceeds issued in crypto or stablecoins that can be traded on the platform or withdrawn, depending on regional eligibility. The company describes its eponymous product as “geared toward beginners and individual investors, while Kraken Pro is for advanced and institutional traders.” Using Flexline, customers can post supported cryptocurrencies…

Is The Bull Market Back?

Key points: Bitcoin bulls have pushed the price above $69,000, signaling solid dip buying at lower levels. Several major altcoins have turned up sharply, suggesting that selling pressure is reducing. Bitcoin (BTC) bulls purchased Tuesday’s dip and are attempting to sustain the price above $69,000 on Wednesday. According to SoSoValue data, BTC exchange-traded funds recorded net inflows of $257.7 million on Tuesday, the largest inflows since Feb. 6. That suggests investors are viewing the dips near $60,000 as a buying opportunity. Santiment said in a post on X that BTC’s…

Hut 8 Posts Q4 Loss, Signs $7B AI Data Center Lease

Hut 8 (HUT) reported a fourth-quarter net loss Wednesday of $279.7 million, from income of $152.2 million a year earlier. Revenue for the quarter ended Dec. 31 was $88.5 million, compared with $31.7 million in the same period a year earlier. In its earnings report released Wednesday, Hut 8 said compute revenue for the three-month period totaled $81.9 million, up from $19.2 million a year earlier. The company did not disclose quarterly Bitcoin (BTC) production or sales figures. Operating results were affected by a $401.9 million loss on digital assets in the…

Iran warns of ferocious response to any US military action

Iran has threatened a fierce response to any US military strike, signaling a shift in its defensive posture as tensions escalate between Tehran and Washington, according to a Financial Times report. Iranian officials warned that American forces, bases, warships and the Strait of Hormuz, a critical artery for global oil shipments, could face direct retaliation if the US proceeds with military action. The statement marks a departure from Iran’s previous pattern of calibrated and limited responses. Tehran said it is not seeking armed conflict and expressed hope that ongoing negotiations…

Bitcoin Surges to $69.5K on ETF Inflows, US Macroeconomic Boost

Bitcoin (BTC) rallied to a weekly high of $69,500 on Wednesday, surging from lows near $62,400 in less than 24 hours. The rebound aligned with a renewed spot Bitcoin exchange-traded fund (ETF) inflows and firmer macroeconomic sentiment after the recent US policy signals helped steady broader risk markets. Derivatives data shows that BTC’s open interest is falling and funding rates are staying relatively contained, indicating the move was largely driven by spot demand rather than a buildup of leveraged positioning. Bitcoin one-hour chart. Source: Cointelegraph/TradingView Bitcoin receives a macro boost…