Month: March 2026

Bluesky discloses $100 million Series B as user growth tops 43 million

admin

Bluesky has disclosed a previously unannounced $100 million Series B round led by Bain Capital Crypto, a raise that was closed in April 2025 and is only being revealed now as the company enters a leadership transition. The round included Alumni Ventures, True Ventures, Anthos Capital, Bloomberg Beta, and the Knight Foundation. It follows Bluesky’s $15 million Series A in October 2024 and an $8 million seed round in 2023, bringing total disclosed funding to roughly $123 million. Bluesky did not disclose an updated valuation. The funding was announced about…

Middle Easy Oil Disruption Could Cause Stagflation: Analyst

admin

Traders are miscalculating the severity and the duration of economic fallout from the Middle East conflict and are pricing in a “TACO” trade, which stands for “Trump always chickens out,” according to market analyst and founder of the Coin Bureau, Nic Puckrin. The term was coined by Wall Street and refers to US President Donald Trump backing down in geopolitical conflicts. However, Puckrin warned that “Trump is not in sole control of the situation,” and there are no easy or quick exits from the war. If oil continues to trade…

SoftBank plans 10-gigawatt AI data center in Ohio powered by $33 billion gas buildout

admin

SoftBank is planning to build a massive AI data center complex in Ohio capable of drawing up to 10 gigawatts of power, according to a Bloomberg report. The facility would be developed on federally owned land at a former uranium enrichment site, with the first phase expected to deliver about 800 megawatts of capacity by early 2028 at a cost of $30 billion to $40 billion, making it one of the largest computing hubs globally. To support the buildout, SoftBank is backing roughly $33 billion in natural gas power infrastructure,…

Trump White House Proposes National AI Framework, Urges Federal Standard

admin

The Trump administration has released a national AI legislative framework for the United States, calling on Congress to establish a unified federal framework and warning that a patchwork of state laws could hinder innovation and competitiveness. The framework is structured around six core policy areas: protecting children and empowering parents, strengthening communities, intellectual property and creator rights, free speech protections, accelerating AI innovation and workforce development. At the center of the proposal is a push for a unified federal approach, with the administration urging Congress to preempt state-level AI laws…

BNB Price To Break $3,000? Crypto Trader Shares Game Plan For 500% Rally

admin

Crypto analyst Crypto Patel has predicted that the BNB price could break $3,000, marking a new all-time high (ATH) for the Binance-linked coin. The analyst shared a game plan for exactly how this move is expected to play out by 2028.  How The BNB Price Rally To $3,000 Could Play Out In an X post, Crypto Patel said that the BNB price could drop to $400 before hitting $3,000. The analyst noted that the altcoin has bounced perfectly from the near 0.5 Fib Retracement level and now climbed 21%. As…

Professional Trader Warns Bitcoin Price Hasn’t Bottomed Yet

admin

In the latest Cointelegraph interview, professional trader Alessio Rastani warns that Bitcoin could fall below $60,000 before a meaningful bottom forms. Professional trader Alessio Rastani is back with a fresh market update, and the key question remains: has Bitcoin (BTC) already found its bottom — or is the real move still ahead? In this latest interview, Rastani revisits his previous outlook and explains why his view has shifted as price action unfolded. While Bitcoin managed a short-term recovery earlier this year, he argues that the structure of the recent bounce…

Ledger taps ex-Circle exec to lead finance ahead of potential US IPO

admin

Ledger, the Paris-based crypto security firm known for its hardware wallets, has named John Andrews as its new Chief Financial Officer and launched a New York office in major steps to accelerate its US growth. A seasoned finance executive with roots in Wall Street, Andrews previously led investor relations and capital markets at Circle, where he was instrumental in advancing the company’s public listing ambitions. In his new role, he will support Ledger’s expansion amid growing demand from banks and asset managers. “His deep experience at the intersection of traditional…

What Happens to Bitcoin Price if Oil Hits $180 Per Barrel?

admin

Bitcoin (BTC) has outperformed US equities and gold since the US and Israel’s attack on Iran on Feb. 28, underscoring its strength amid one of the year’s biggest geopolitical shocks. However, BTC’s rally may face a serious challenge if oil prices spike toward $180 per barrel, a scenario some Saudi Arabian officials now see as plausible if Middle East supply disruptions persist beyond April. BTC/USD (black) vs. Nasdaq (blue) daily performance chart. Source: TradingView Key takeaways: US headline inflation may rise to 5% if oil supply shock persists, lowering rate…

Hot inflation and a hot war keep markets on edge

admin

Two things that markets absolutely hate showed up at the same time this week: sticky inflation and military conflict near the world’s most important oil chokepoint. The result has been predictably ugly across every asset class, with crypto’s Fear and Greed Index plunging to 11 — deep into “Extreme Fear” territory — while the S&P 500 tracks its fourth consecutive weekly decline. The macro picture is getting worse, not better The Federal Reserve revised its 2026 rate cut outlook down to just a single reduction, citing core inflation running at…

UBS wins approval to convert US unit into nationally chartered bank

admin

UBS, the Swiss multinational investment bank and one of the world’s largest wealth managers, has obtained final approval from the Office of the Comptroller of the Currency (OCC) to convert UBS Bank USA into a nationally chartered bank, the company announced in a LinkedIn post. With the national charter, UBS aims to bolster its US banking platform, improving service for clients and financial advisors and laying the groundwork for future growth. The move also reinforces its dedication to maintaining strong service and stability standards. “This milestone really positions us well…