Day: March 4, 2026

Rob Hadick: Crypto markets show resilience amid global downturns, geopolitical tensions raise stagflation risks, and confusion over monetary policy reaches new heights

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Key takeaways Crypto markets have shown resilience despite downturns in global equity markets. Geopolitical tensions, such as those in Iran, are impacting market sentiment and could be classified as war. Sustained disruptions in oil production are increasing the risk of stagflation. Confusion in the market regarding future monetary policy is at an all-time high. Rising bond yields, despite expectations of lower rates, indicate market confusion. The US approach to regime change in Iran is expected to be complicated and messy. Investors are encouraged to adopt a long-term perspective, focusing on…

Why Peter Thiel’s Founders Fund Walked Away From an Ether Treasury Bet

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Key takeaways Founders Fund fully exited ETHZilla after previously holding a 7.5% stake. SEC filings show that Peter Thiel-linked entities had reduced their ownership to zero by the end of 2025, signaling a decisive retreat from an Ether-focused public treasury strategy. ETHZilla’s pivot from biotech to an Ether treasury strategy was aggressive. After raising $425 million and later seeking $350 million through convertible bonds, the company accumulated over 100,000 ETH, positioning itself as a leveraged equity proxy for Ether exposure. Debt-driven models can force crypto sales at unfavorable times. ETHZilla’s…

Bitcoin pushes above $73K as investors rotate back into crypto

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Bitcoin surged more than 6% to $73,000 on Wednesday morning, reaching its highest level in over a month as renewed geopolitical tensions between the United States and Iran pushed investors toward digital assets. Investors are now viewing crypto as a potential safe haven during geopolitical shocks since digital assets are not tied to supply chains or energy disruptions. After trading near major lows since October, the sector may now be attracting renewed capital. Crypto assets had underperformed equities and metals over the past two months. However, since the US attack…

Morgan Stanley Selects BNY, Coinbase As Custodians for BTC ETF

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Financial services giant Morgan Stanley selected Bank of New York (BNY) Mellon, a global financial services company, and crypto exchange Coinbase as custodians for its Bitcoin Trust Exchange-Traded Fund (ETF), according to a filing with the US Securities and Exchange Commission (SEC) on Wednesday. The custodians will hold all of the fund’s Bitcoin (BTC) in cold storage, or offline methods of storing Bitcoin private keys, with a “portion” of the BTC moving to hot wallets connected to the internet at times for creation and redemption purposes, according to the SEC…

Bitcoin Weekly Death Cross Keeps the Bear Market Alive

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A new Bitcoin death cross would ensure continuation of the bear market unless a “major bullish catalyst” appears, per new BTC price analysis. Bitcoin (BTC) needs a “major bullish catalyst” to avoid canceling out its March rally, says the latest analysis. Key points: New findings warn that short-term BTC price strength does not remove the risk of the bear market continuing. Bitcoin faces plenty of overhead resistance in the mid-$70,000 zone. A “death cross” formed of two weekly trend lines is still on course to confirm this week. BTC price…

Apple unveils MacBook Neo starting at $599 with A18 Pro chip

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Apple unveiled the MacBook Neo on Wednesday, a new $599 laptop aimed at expanding the company’s reach in the entry-level segment of the PC market. The device is now Apple’s most affordable portable computer in years and signals a renewed push to attract students and first-time Mac buyers. Pre-orders opened Wednesday, with deliveries and in-store availability scheduled for March 11. The launch introduces one of Apple’s lowest-priced entry points into its laptop ecosystem in more than a decade. The MacBook Neo is powered by Apple’s A18 Pro chip, the same…

Chris Perkins: Geopolitical tensions are driving oil prices, Bitcoin shows signs of resilience, and clarity legislation for crypto may soon pass

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Key takeaways Geopolitical tensions in the Middle East are affecting oil prices, impacting industries reliant on oil. The volatility index rising while markets remain flat suggests a bullish outlook. Bitcoin shows resilience, indicating a potential market bottoming. Liquidity returning to markets is crucial for risk assets like Bitcoin. The strategic importance of the Strait of Hormuz is significant, controlling 20% of the world’s oil supply. The US foreign policy under Trump prioritized stability over democratic ideals. The market perceives the conflict as regional, not global, affecting pricing strategies. AI is…

RedStone Launches Price Oracles on Stellar Mainnet

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Oracle provider RedStone has launched its price feed infrastructure on the Stellar network, introducing a new data layer for decentralized finance (DeFi) applications on a blockchain historically focused on payments and stablecoin transfers.  The deployment makes price feeds for major crypto assets and stablecoins available on the Stellar mainnet, including Bitcoin (BTC), Ether (ETH), USD Coin (USDC) and PayPal USD (PYUSD). The rollout also includes pricing data for the Franklin Templeton BENJI tokenized money market fund.  RedStone said the feeds are designed to support financial applications like lending markets, decentralized…

CoreWeave shares rise on multi-year deal to power Perplexity workloads

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CoreWeave (CRWV) saw its shares surge nearly 6% in premarket trading on Wednesday after announcing a multi-year agreement to support inference operations for Perplexity, an emerging AI-driven search engine backed by Jeff Bezos and Nvidia. As part of the deal, CoreWeave will become a key backend cloud partner for Perplexity AI. The company will run its next-generation inference tasks on dedicated NVIDIA GB200 NVL72 clusters operated by the cloud provider. The platform will serve as a foundation for Perplexity’s Sonar and Search API products as they expand, as noted by…