Cynthia Lummis continues to push pro-crypto policies in a market structure bill under consideration in the Senate, even as she prepares to leave Congress in January 2027. Source link
A Hyperliquid user took a 20x leveraged long on CL crude oil futures, only to have the trade fully liquidated in less than 40 minutes, according to data tracked by Lookonchain. 31,960 xyz:CL($3.2M) has been fully liquidated — in less than 40 minutes! https://t.co/bfoiHltRSOhttps://t.co/w83K00bCkQ pic.twitter.com/7wlEJsMiHE — Lookonchain (@lookonchain) March 9, 2026 The trader’s position was wiped out as crude oil prices fell below $100 after reaching an all-time high of $119, with losses accelerating toward $94 during the morning session. Oil prices spiked amid escalating tensions in the Middle East…
Sharplink reported a $734.6 million net loss for 2025 as market volatility weighed on the value of its Ethereum holdings. The company said the loss was primarily driven by $616.2 million in unrealized losses linked to ETH price declines during the second half of 2025, along with a $140.2 million impairment related to LsETH holdings. Those were partially offset by $55.2 million in realized gains from ETH conversions and redemptions. Sharplink ended the year with $28.5 million in cash and $1.9 million in USDC, while total revenue rose to $28.1…
Key points: Rising oil prices have not hurt crypto sentiment as buyers attempt to push Bitcoin above $69,000 Buyers are attempting to propel several major altcoins above their overhead resistance levels, indicating demand at lower levels. A sharp rally in oil prices failed to deter cryptocurrency buyers who pushed Bitcoin (BTC) above $69,000 on Monday. Although the spot BTC exchange-traded funds witnessed outflows on Thursday and Friday, the week saw net inflows of $568.45 million per SoSoValue data. That was the second successive week of net inflows, a first in…
Bitcoin has passed 20 million mined coins, leaving fewer than 1 million BTC remaining to be issued under the network’s fixed 21 million supply cap. The move pushes the amount of Bitcoin in circulation slightly higher after the network first crossed the 95% supply threshold in November 2025. The milestone was recorded at block height 939,999, according to blockchain data, with the block mined by the Foundry USA mining pool. With 20 million Bitcoin now mined, fewer than one million BTC remain to be issued, and those remaining coins will…
Crypto brokerage company Blockchain.com is expanding into Ghana as part of a broader push to grow its presence across Africa, following rapid user growth in Nigeria over the past year. The company said it plans to offer Ghanaian users access to its trading platform as it builds out regional infrastructure and explores additional African markets. The expansion follows strong growth in Nigeria, where the company launched retail operations last year and reported more than a 700% increase in brokerage transaction volume. According to the company, the most traded assets on its platform in the country have…
Mining Bitcoin on a desktop in 2026 may sound simple, but is it profitable? Do rising network difficulty and energy costs mean the end of PCs as Bitcoin mining equipment? Source link
Bitmine Immersion Technologies expanded its Ethereum treasury by purchasing roughly 61,000 ETH, bringing its total holdings to 4,534,563 ETH as prices climbed back above the $2,000 level. The move came as the broader crypto market rallied. Bitcoin surged toward $69,000 while Ethereum reclaimed $2,000, reflecting renewed investor interest in digital assets amid escalating geopolitical tensions surrounding Iran and volatility across traditional markets. As of March 8, 2026, Bitmine reported total crypto, cash, and strategic investments of about $10.3 billion. The company holds 4.53 million ETH valued around $1,965 per token,…
Anthropic is suing the US Department of Defense and other federal bodies after being designated as “supply chain risk” by the Trump administration, effectively restricting its business with defense contractors. The designation came after talks collapsed over Anthropic’s refusal to allow its AI systems to be used for mass surveillance of Americans or autonomous weapons, prompting the government to halt adoption of its systems and jeopardizing a Pentagon deal worth up to $200 million. The Pentagon insists Anthropic’s AI models must be able to use the technology for all lawful…
Ether (ETH) climbed back above $2,000 on Monday as the altcoin’s derivatives market activity intensified across major exchanges. Data shows more than 110,000 Ether flowed into derivatives platforms, while a key leverage indicator surged to new highs. The activity points to a rapid buildup of speculative positioning, suggesting traders are preparing for increased volatility as ETH attempts to break out of its monthly trading range. Ether derivatives inflows meet rising leverage ratio Ether derivatives exchanges recorded a netflow of 110,343 ETH on March 7, the third-largest spike in 2026. A…
