Day: March 9, 2026

Bitcoin Shows Strength at $67K Amid Oil Surge and Inflation Fears

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Bitcoin (BTC) displayed strength as it traded above $67,000 on Monday, after producing the first bullish weekly close in seven weeks. Meanwhile, oil prices exploded as the Middle East conflict prompted fears of a major supply shortage. Key takeaways: Bitcoin holds firm above $67,000 as oil prices surge to the highest level since 2022. The biggest oil supply shock in history triggers global inflation worries. A bullish inverted hammer on the weekly chart suggests a potential BTC bottom. Global oil supply shock sparks inflation worries Data from TradingView showed oil…

Pro-Bitcoin politician Nigel Farage buys major stake in Bitcoin treasury firm Stack BTC

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Nigel Farage, the veteran Brexit campaigner and leader of Reform UK, has taken a 6.3% stake in Stack BTC, a London-listed company focused on building a growing Bitcoin treasury while acquiring profitable businesses, according to a Monday announcement. Farage bought 4.3 million shares in a fundraising that valued Stack BTC at about £3.4 million (over $4.5 million). The investment round also brought in Blockchain.com, which will help the company develop its Bitcoin treasury strategy. Stack, chaired by former chancellor Kwasi Kwarteng, made its first BTC purchase on March 3, buying…

Coinbase Launches Perpetual Futures Contracts in Europe

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Cryptocurrency exchange Coinbase has launched new futures offerings in Europe, expanding its push to give users access to both crypto and traditional market exposure through regulated products. Coinbase said Monday the contracts are being rolled out to Coinbase Advanced users in 26 European countries, including Germany, France and the Netherlands, through its Markets in Financial Instruments Directive, or MiFID, entity. The new lineup includes crypto futures tied to assets such as Bitcoin (BTC) and Solana (SOL), along with an equity-index product called the Mag7 + Crypto Equity Index Futures. Coinbase…

Crypto ETPs Turn Green Year-To-Date With $619M Inflows

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Crypto investment products held firm last week, clocking decent inflows despite ongoing market turmoil caused by fears of an energy crisis fueled by the US-Israel war with Iran. Crypto exchange-traded products (ETPs) recorded $619 million in inflows last week, led by $521 million into Bitcoin (BTC) investment products, CoinShares reported Monday. The gains followed the previous week’s $1 billion in inflows, marking two consecutive weeks of gains after a major sell-off that saw roughly $4 billion in outflows in a five-week streak. Despite ending the week in the green, sentiment…

Bitcoin Battles Death Crosses and a $68,000 Weekly Close Rejection

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Bitcoin (BTC) starts the second week of March on the edge, with markets focused on the Middle East. Bitcoin erased its latest breakout attempt and closed the weekly candle below key resistance. Oil volatility and associated inflation pressures are the week’s main focus for traders. Bitcoin has two new death crosses, a firm warning for bulls. Derivatives markets suggest a broader Bitcoin price turnaround may be coming. Whales show little interest in profit-taking during the trip to $74,000. Bitcoin reverts to a “boring bear market” Bitcoin sellers did their best…

Oil Cools After Overnight Spike as G7 Eyes Reserve Release

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Oil prices pulled back sharply early Monday after reports that Group of Seven (G7) finance ministers planned an emergency call to discuss a coordinated release of strategic crude reserves, giving markets a possible policy response to the war-driven supply shock. The Financial Times reported that G7 finance ministers planned an emergency call to discuss a possible coordinated release of 300 million to 400 million barrels from strategic oil reserves to calm markets after the war-driven spike in crude prices. The G7 countries consist of Canada, France, Germany, Italy, Japan, the…

AI Use in Workplaces Causing ‘Brain Fry,’ Say Researchers

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The excessive use and oversight of artificial intelligence in the workplace is giving workers “AI brain fry,” contrary to the technology’s assurance that it would ease job pressures. Workers who are using AI tools report that the technology is “intensifying rather than simplifying work,” researchers from Boston Consulting Group and the University of California wrote in the Harvard Business Review on Friday. A study of nearly 1,500 full-time US workers found 14% said they had experienced “mental fatigue that results from excessive use of, interaction with, and/or oversight of AI…

The US Economy Unexpectedly Lost 92,000 Jobs in February

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Finance and insurance job openings toward the end of 2025 fell to 13-year lows, according to February data from the Federal Reserve Bank of St. Louis, with markets commentary outlet The Kobeissi Letter arguing on Saturday that the industry may be “bracing for more layoffs.” In an X post, The Kobeissi Letter highlighted data showing that finance and insurance job openings have declined by 117,000 since December to hit 134,000 last month, with overall finance and insurance job listings nearing recession levels.  “Available vacancies in these sectors have dropped -410,000,…

BTC Markets Seeks ASIC License For RWA Trading

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Australian crypto exchange BTC Markets has notified the country’s securities regulator, the Australian Securities and Investments Commission, of its intention to apply for a markets license to offer regulated tokenized real-world assets (RWAs). “Our plan is to obtain licensing infrastructure that enables particular types of tokenized assets to be offered and available to the public,” said BTC Markets CEO Lucas Dobbins on Monday. The vision is a world where tokenized equities, bonds, and real-world assets will trade alongside cryptocurrencies, markets will operate continuously, and settlement will be instant, he added.…

Solana (SOL) Tumbles to $80, Traders Watch Critical Support Defense

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…