Month: March 2026

Circle Leads Tazapay Extension as Total Series B Reaches $36M

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Cross-border payment infrastructure provider Tazapay said it closed an extension to its Series B funding round led by Circle Ventures, bringing the total raised to $36 million. The round included participation from Coinbase Ventures, CMT Digital, Peak XV Partners and Ripple.  Tazapay said on Thursday that the funding will be used to • expand its digital settlement technology for cross-border payments, secure additional licenses, expand across Asia, Latin America, the Middle East and the Americas, and build infrastructure for so-called “agentic payments.” Tazapay said it serves over 1,000 enterprises and…

Key Bitcoin Price Levels to Watch as BTC Dips Below $70K

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Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price slipped below the $70,000 mark. Analysts said that Bitcoin showed signs of a bear market in its last stages, due to extreme fear and elevated realized and unrealized losses.  Key takeaways: Bitcoin enters the last stages of the bear market, characterized by extreme fear and most BTC supply in loss. High unrealized losses and a 96% drop in realized profits suggest “demand exhaustion.” $70,000 remains the main BTC level to watch for now, with $65,000-$60,000 support below. Bitcoin…

Bitcoin Stares Down Recession as BlackRock CEO Joins Oil Price Warnings

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Bitcoin (BTC) faces a new macro test as markets increasingly bet on the US entering recession in 2026. Key points: Bitcoin could face a new challenge in the form of its first recession after the COVID-19 crash. US recession odds surge as BlackRock CEO Larry Fink warns over oil prices. Bitcoin’s high correlation with “extremely oversold” stocks continues. Moody’s puts 12-month recession odds near 50% Data highlighted this week by Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, shows recession odds nearing 50%. Bitcoin’s next bull run could…

Bitcoin Mining Squeeze Narrows Viable Operators: CoinShares

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Bitcoin mining economics are tightening to levels that are pushing a portion of the global fleet below profitability, according to a report from asset manager CoinShares.  In its Bitcoin mining report for Q1 2026, CoinShares said hashprice, a key measure of miner revenue, fell to around $28 per petahash per second per day (PH/s/day) in February 2026, marking a new post-halving low and compressing margins across the sector.  At the time of writing, mining data provider Hashrate Index shows that hashprice has recovered to about $33 PH/s/day, though it remains…

Ozan Tarman: Geopolitical uncertainty drives market volatility, skepticism towards US headlines fuels investor caution, and potential equity market squeeze looms

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Key takeaways Geopolitical uncertainty is driving market behavior, particularly in relation to the Iran conflict. Skepticism towards US White House headlines is influencing market sentiment. Markets may be overly optimistic about future economic conditions. There is potential for a squeeze in equity markets despite significant risks. Gold’s recent sell-off indicates a shift in market positioning. Inflation expectations are likely to rise due to geopolitical tensions. Current market volatility is seen as negative, driven by unpredictable headlines. Pain trades occur when market consensus is disrupted, leading to unexpected movements. Diversification away…

Fenbushi Co-Founder Offers Bounty to Recover $42M Stolen Crypto

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Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise. Bo Shen, the co-founder of venture capital firm Fenbushi Capital, offered a bounty to recover about $42 million in digital assets stolen from his personal wallet in a 2022 hack.  Shen said Thursday that he was offering a 10%-20% bounty on the recovered amount to any individual or organization that makes a substantial contribution to recovering the assets. Shen said onchain investigators ZachXBT and Taylor “Tayvano” Monahan had…

Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry

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Key takeaways AI development is driven by profit motives, potentially leading to superior civilizations. Current AI technologies are causing significant harm to people and society. AI companies exploit labor, creating cycles of layoffs and retraining. The benefits of AI are not equally distributed outside Silicon Valley. Understanding AI requires examining diverse global perspectives beyond Silicon Valley. There is no scientific consensus on human intelligence, complicating AI goals. Companies manipulate the definition of artificial general intelligence for their interests. AI poses existential risks, potentially leading to destruction. Sam Altman influenced OpenAI’s…

UK Pushes Ahead Temporary Ban Crypto Political Donations

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The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians. Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry into foreign financial interference in the UK’s political and electoral systems, recommended a moratorium on crypto donations to political parties. New statements from UK Prime Minister Keir Starmer on Wednesday have confirmed that they will pursue the temporary ban. “I can tell the House we will act decisively to protect our democracy. That will…

Coinbase Not Supporting New Crypto Bill Compromise: Report

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Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill. Coinbase representatives told Senate lawmakers in a meeting Monday that they had concerns over the language around stablecoin yields in the new compromise version of the bill, Punchbowl News reported Wednesday, citing four people briefed on the exchange. A proposal that circulated earlier this week would have reportedly prevented third parties, such as exchanges, from paying stablecoin yields, a measure aimed at addressing banks’ concerns…

Swan Bitcoin Seeks Subpoena For Howard Lutnick

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Bitcoin financial services firm Swan Bitcoin has filed an ex parte application in moves to subpoena Cantor Fitzgerald and its former CEO, Howard Lutnick, seeking discovery tied to a failed mining venture involving former employees.  Swan sued several ex-staff in September 2024, alleging that they stole confidential documents, resigned, and then founded “counterfeit competitor” firm Proton Management days later while convincing Tether, one of Swan’s funding partners at the time, to cut ties with Swan and work with them instead. The ex-staff allegedly referred to this as the “rain and…