Day: March 9, 2026

Orbital Data Center Startup to Mine Bitcoin in Space

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Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth. Starcloud “will be the first to mine Bitcoin in space,” the startup’s CEO, Philip Johnston, posted to X on Saturday after revealing its Bitcoin mining ambitions in space in an interview with HyperChange on Thursday. In the interview, Johnston said running Bitcoin application-specific integrated circuit (ASIC) miners would be “one of the most compelling…

Flow Files Court Motion to Block Korean Exchange Delistings

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Nonprofit organization Flow Foundation and its parent company Dapper Labs on Monday filed with the Seoul Central District Court to suspend the termination of trading support for its native token FLOW on three South Korean exchanges. Layer-1 blockchain Flow suffered a “security incident” in December when an attacker exploited a vulnerability that allowed certain assets to be duplicated rather than minted, bypassing supply controls without accessing or draining existing user balances. The exploit resulted in $3.9 million in duplicated tokens, but “no user funds were compromised, and all counterfeit tokens…

XRP Price Sets Stage for Comeback — Recovery Wave Incoming?

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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…

Bitcoin Trading With Tech Stocks Narrative is Overstated: NYDIG

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Bitcoin’s recent parallel movement with US software stocks is more of a case of shared exposure to macro events, rather than any structural convergence, according to financial services company NYDIG. In the past week, Bitcoin (BTC) rallied alongside US software stocks, leading many to claim the cryptocurrency was a proxy for the sector, Greg Cipolaro, the head of research at NYDIG, said in a note on Friday. “While the visual fit of their indexed price is compelling, the conclusion that Bitcoin and software equities have structurally converged, or that they…

US Banks Need Clear Crypto Rules to Stay Ahead, ex-CFTC chair says

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US banks are the ones most in need of crypto regulatory clarity, according to Chris Giancarlo, former chairman of the US Commodity Futures Trading Commission, who argues that they risk falling behind the rest of the world in payment innovation. During an episode of Scott Melker’s The Wolf Of All Streets Podcast on Sunday, Giancarlo said the crypto industry will continue to build, even if the Senate’s crypto market structure bill doesn’t pass. However, banks will be hesitant to invest in the technology without clear rules. “The banks, however, can’t…

Ethereum Price Extends Pullback, $1,920 Support Now Under Threat

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Ethereum price started a fresh decline below $2,000. ETH is now correcting gains above $1,920 and might decline further in the near term. Ethereum started a downside correction below the $2,020 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price started a…

Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus

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Bitcoin price started a fresh decline below $68,500 and $68,000. BTC is now consolidating and might struggle to start a recovery wave above $68,500. Bitcoin started a fresh decline after it settled above the $69,500 zone. The price is trading below $68,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support at $68,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $65,500 and $65,000 levels. Bitcoin…

Crypto Funding Up 50% in 12 Months Despite Fewer Deals

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Crypto fundraising increased by almost 50% year-on-year between March 2025 and March 2026, despite the number of deals dropping 46% as VCs concentrated bets on late-stage and strategic mega-rounds. Messari’s crypto fundraising overview shared by the company’s CEO Eric Turner on Sunday shows that the average deal size increased to $34 million in the last 12 months, up 272% from a year earlier. This came as the number of active investors fell 34.5% to 3,225. “Capital concentration is heavily skewed by late-stage and strategic mega-rounds,” Messari said, noting that in…