Tag: Bitcoin

Fold posts $69.6M net loss but doubles down on bitcoin credit card expansion

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Fold just finished its debut year as a public company. The report card is… mixed. The bitcoin-focused financial services firm reported a net loss of $69.6 million for the full year 2025, according to its annual filing released Tuesday. Revenue climbed 34% year-over-year to $31.8 million, but operating losses ballooned from $5.8 million to $27.7 million — nearly a fivefold increase that makes the top-line growth feel like a consolation prize. The numbers behind the red ink Fold’s adjusted EBITDA loss came in at $17.2 million, translating to an adjusted…

Bitcoin Chases $72K After Fed Decides To Hold Rates: Is BTC Selling Over?

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Bitcoin’s (BTC) bullish start to the week faced a halt on Wednesday, as BTC dropped 3.4% to $70,900 alongside an overarching sell-off in US stocks.  The correction followed a hotter-than-expected Producer Price Index (PPI) report, which was 0.7% higher than the 3.4% year-on-year estimate. Despite the selling, data shows BTC spot market demand holding steady, with buyers stepping in to absorb the selling pressure and proof of this appetite being reflected by Bitcoin reclaiming $72,000 after Federal Reserve minutes highlighted their decision to leave interest rates unchanged. While the market…

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…

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…

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…

Bitcoin Battles High PPI Inflation Into Key Fed Rates Decision

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Bitcoin (BTC) slid 2.5% around Wednesday’s Wall Street open as a fresh US inflation overshoot spooked markets. Key points: US PPI inflation surpasses market expectations again, continuing its “hot” 2026 trend. BTC price pressure results at the Wall Street open, as markets brace for the Federal Reserve interest-rates decision. Traders see no reason to rethink their bearish stance on Bitcoin. Fed rates “less supportive” for Bitcoin, crypto Data from TradingView showed $72,000 coming back into focus for BTC price action after the February print of the Producer Price Index (PPI).…

US PPI rises 0.7% in February, Bitcoin falls toward $72,000

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Bitcoin edged lower on Wednesday following the release of February wholesale data. The Bureau of Labor Statistics reported that the producer price index climbed 0.7% last month, exceeding economists’ expectations of 0.3%. The annual rate accelerated to 3.4%, matching the highest reading since February 2025 and signaling persistent inflationary pressures at the producer level. Core PPI, which strips out volatile food, energy, and trade services, increased 0.5% on a monthly basis, down from January’s 0.8% gain but still above the 0.3% consensus estimate. The measure has now risen for ten…

Whales move over 44,000 Bitcoin to exchanges ahead of Fed meeting

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A large volume of Bitcoin was moved to centralized exchanges by major holders yesterday, sparking concerns that prices could face downward pressure ahead of the Federal Reserve’s key policy meeting. The transfers, reported by CryptoQuant analyst Maartunn, originated from addresses controlling at least 100 BTC. These holders sent 44,459 BTC to exchanges on Tuesday, an amount estimated to be worth $3.2 billion at current market rates. Whales (addresses holding 100+ BTC) moved 44,459 BTC to exchanges yesterday. Ouch. 🤯 pic.twitter.com/CcntBjJ5u9 — Maartunn (@JA_Maartun) March 18, 2026 Whale movements of this…

Bitcoin Depot Struggles With Regulatory Pressure and Weak 2026 Outlook

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Bitcoin Depot, a publicly traded cryptocurrency ATM provider, is facing mounting regulatory pressure in the US amid a steep stock decline and a weak revenue outlook. The Connecticut Banking Commissioner, through the Consumer Credit Division, issued a temporary cease-and-desist order against Bitcoin Depot Operating on March 9, summarily suspending its money transmission license in the state. The order cites multiple alleged violations of the Connecticut Money Transmission Act, including failure to maintain minimum net worth, excessive fees and incomplete refunds to consumers who fell victim to scams. The company lowered…

Bitcoin ETFs on Track to Turn Positive YTD as XRP Rebounds

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US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to seven consecutive days, marking the longest run since October 2025. Spot Bitcoin (BTC) ETFs added $199.4 million on Monday, bringing their seven-day streak to around $1.2 billion, according to data from SoSoValue. The latest inflows suggest continued institutional interest, though total inflows remain far below the roughly $6 billion seen during the October 2025 run. Total trading volumes fell to $2.6 billion on Monday, while total assets under management in Bitcoin ETFs climbed to $96.7 billion. Net year-to-date flows…