Month: March 2026

S&P 500 Perpetual Futures Launch on Hyperliquid with Official Licensing

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S&P Dow Jones Indices has licensed its S&P 500 Index to Trade[XYZ] for the launch of a perpetual futures contract on Hyperliquid, in what the company described as the first officially licensed onchain product offering continuous, leveraged exposure to the index for eligible non-US users. According to Wednesday’s announcement, contract allows eligible non-US traders to take long or short positions on the index without an expiry date, with markets operating continuously outside traditional exchange hours using official index data from S&P Dow Jones Indices. The contract also brings equity index…

Robert Kiyosaki Says Bitcoin Will Hit $750K After Financial Bubble Bursts

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Key takeaways: Robert Kiyosaki’s $750,000 Bitcoin target implies a 95% discount versus gold, which is lower than the 2024 peak. $750,000 Bitcoin might not be that significant if daily expenses, housing and energy rise in like kind. Robert Kiyosaki, author of the “Rich Dad Poor Dad” series, stated in a social media post on Monday that a massive financial “bubble burst” is imminent. The financial educator suggests this unprecedented economic crisis will eventually lead to a $750,000 Bitcoin (BTC) rally within one year of the crash.  While Kiyosaki’s estimate seems…

Coinbase competes for Cloudflare deal to build an AI stablecoin

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Coinbase is reportedly in the running to partner with Cloudflare on issuing a stablecoin purpose-built for AI transactions. The deal, first reported by The Information, would position both companies at the intersection of two industries that can’t stop talking about each other. If that sounds like a corporate Mad Libs combining every buzzy term of 2025 — AI, stablecoins, agents — well, it kind of is. But there’s a real problem being solved here, and the companies chasing it aren’t exactly startups running on vibes. What we know about the…

Hyperliquid’s HYPE token flips Cardano’s ADA in market cap

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Hyperliquid’s native HYPE token has surpassed Cardano’s ADA in market capitalization, a milestone that would have sounded absurd six months ago. A decentralized perpetual exchange token just leapfrogged a blockchain that has been in the top ranks since 2017. The numbers behind the flip HYPE’s market cap has climbed to roughly $10.2 billion, while ADA sits around $10.0 billion, making the lead extremely narrow. Cardano, a project that raised $62 million in its 2017 ICO and has spent years building out a proof-of-stake ecosystem, now trails a token that did…

‘We are so Close this Time‘ — Senator Lummis on Market Structure Bill

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Wyoming Senator Cynthia Lummis, one of the main proponents of a digital asset market structure bill in the US Congress, has said that the legislation is getting closer to passage despite “things that [she] did not expect” in 2025.  Speaking at the DC Blockchain Summit hosted by the Digital Chamber on Wednesday, Lummis said she had thought that the crypto industry would already be celebrating a “victory lap” for the market structure bill, which passed the US House of Representatives in July 2025. She said that “the main thing” that…

Bhutan Continues Selling Bitcoin Stash, As Reserve Falls to 4,400 BTC

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The Kingdom of Bhutan has transferred over $72.3 million in Bitcoin (BTC) from its wallets over the last 24 hours, as it continues to sell portions of its holdings. Druk Holding and Investments (DHI), a state-owned investment company that manages the country’s Bitcoin mining operations and crypto investments, has moved more than 973 BTC over the past 24 hours, in six separate transactions, according to Arkham Intelligence.  DHI also moved more than 175 BTC, valued at $11.8 million, on March 10. “Bhutan periodically sells portions of its Bitcoin in clips…

FTX to distribute about $2.2 billion to creditors starting March 31

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FTX said Wednesday it will begin its fourth round of creditor repayments on March 31, 2026, distributing around $2.2 billion under its restructuring plan. Creditors who meet all requirements can expect to receive funds within a few days through selected providers such as BitGo, Kraken, or Payoneer. The company also confirmed an April 30, 2026 record date for preferred equity holders, with initial payments planned for May 29, 2026. The distribution will include an 18% payout to Dotcom customer claims, bringing their total recovery to 96%, while US customer claims…

Bitcoin Correlation With Tech Stocks Flipped Negative Since the US–Iran War

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Bitcoin (BTC) broke its longstanding correlation with tech stocks as the US–Iran war dragged into its third week. Key takeaways: Bitcoin is outperforming tech stocks amid the US–Iran war, indicating its growing demand as a geopolitical hedge. BitMEX co-founder Arthur Hayes warns that BTC’s renewed upside strength may turn out to be a dead cat bounce. BTC correlation with Nasdaq flips negative On a 52-week rolling basis, BTC’s correlation with the tech-heavy Nasdaq Composite Index (IXIC) stood at -0.06, the lowest since December 2018. That marked a sharp reversal from…

Kraken pauses IPO plans amid tough market conditions

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Kraken has frozen its multibillion-dollar initial public offering plans, according to a CoinDesk report, marking a shift in strategy just months after confidentially filing with the Securities and Exchange Commission. The exchange is now waiting for market conditions to stabilize before proceeding with what was expected to be one of the sector’s most closely watched listings. The decision follows a period of optimism in November, when Payward, Kraken’s parent company, raised $800 million at a $20 billion valuation, including a $200 million commitment from Citadel Securities. The capital was intended…

Polymarket buys DeFi startup Brahma to advance smart finance at scale

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Leading prediction market platform Polymarket has acquired Brahma, a provider of DeFi asset management tools and services, to enhance its platform and scale its DeFi offerings. The companies did not reveal the terms of the agreement. https://t.co/m0NRLSts3Y — Brahma (@BrahmaFi) March 18, 2026 Brahma, founded in 2021, has processed more than $1B in transactions through its unified on-chain smart account system, which automates complex crypto operations and bridges traditional finance with DeFi payment rails. As part of the acquisition, Brahma’s products will sunset in 30 days with full fund access…