Tag: Bitcoin

Twenty One Capital Unseats MARA in Bitcoin Treasury Race

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Jack Mallers’ Twenty One Capital is now the second-largest publicly traded Bitcoin treasury by BTC holdings, after miner MARA sold off a portion of its holdings and fell to the number three spot. The newly formed Bitcoin (BTC) treasury company holds 43,514 BTC in its corporate treasury, valued at over $2.9 billion using the market price at the time of this writing, according to data from BitcoinTreasuries. Twenty One Capital becomes the second-largest BTC treasury company by BTC holdings. Source: BitcoinTreasuries Twenty One Capital was publicly listed late last year…

TradFi Is Buying Bitcoin Again, But War, Inflation May Unravel The Rally

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Bitcoin’s (BTC) consolidation continued into Thursday as bulls struggled to keep hold of $70,000, and competing narratives on BTC’s market structure versus its increasing institutional adoption clashed with the bearish overarching factors negatively impacting US equity markets.  Citing Bernstein’s $150,000 by the end of 2026 price estimate, Bloomberg analysts said that data shows institutional investors returning to the Bitcoin markets in droves, reinforcing the view that BTC had “reached a floor.”    In early March, a week-long stretch of inflows to the spot Bitcoin ETFs nearly topped $1 billion, while Strategy…

Bitcoin slides under $69K as oil spikes on conflicting US Iran signals

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Bitcoin fell below $69,000 on Thursday morning as escalating tensions between the US and Iran weighed on global markets and pushed investors toward defensive positioning. The move followed a sharp jump in oil prices, with Brent crude rising more than 5% to briefly hit $108 per barrel before easing to around $105. The surge came as Washington and Tehran offered conflicting accounts on whether peace talks are underway, adding uncertainty around the trajectory of the conflict. The US has maintained that negotiations to end the war are continuing, while Iran…

Bitcoin Shows No ‘Outright Stress’ at $70,000, Analysis Says

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Bitcoin lost its grip on $70,000 amid inflation and recession talk as analysis suggested that BTC price action lacked “outright stress.” Bitcoin (BTC) daily losses approached 3% at Thursday’s Wall Street open as markets stayed on edge over fresh Iran tensions. Key points: Bitcoin slips from $70,000 as markets continue to observe Iran developments. Inflation and recession worries grow louder with no clear end to the conflict in sight. Bitcoin analysis avoids an outright bearish appraisal of BTC price action. Bitcoin wobbles as US inflation fears increase Data from TradingView…

MARA Sells $1.1B in Bitcoin to Cut Debt by 30%

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MARA Holdings sold more than $1 billion of Bitcoin in March to repurchase convertible debt at a discount, using its BTC holdings to reduce leverage, the company said Thursday. In a US Securities and Exchange Commission filing, the largest listed US Bitcoin miner said it would buy back about $1 billion of zero-coupon convertible notes due 2030 and 2031 for roughly $913 million in cash, capturing about $88 million in savings, or close to a 9% discount to par.  The company said it sold 15,133 Bitcoin (BTC) for around $1.1…

MARA sells 15,133 Bitcoin for $1.1 billion and slips behind Twenty One Capital

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MARA Holdings, a Nasdaq-listed Bitcoin miner moving into digital energy and artificial intelligence infrastructure, on Thursday disclosed that it sold 15,133 Bitcoin for roughly $1.1 Billion over three weeks this month to fund the repurchase of its 2030 and 2031 convertible notes. The move reduces outstanding debt by about 30%, captures an estimated $88 million in value, and strengthens the company’s balance sheet while limiting potential shareholder dilution. Fred Thiel, MARA’s chairman, explained that the decision to sell some Bitcoin reflects a capital allocation strategy designed to reduce debt and…

How a Seed Phrase Leak Led to a $176M Bitcoin Theft Case

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Code is not the weakest point in crypto thefts In crypto, security is usually regarded as a technical issue. You are asked to safeguard your private keys, rely on a hardware wallet and steer clear of phishing links. Yet a prominent case in the UK reveals that the real vulnerability in this case might have had nothing to do with code. A case currently before the UK High Court revolves around the alleged theft of 2,323 Bitcoin (BTC), worth about $176 million. The reported theft did not stem from hacking…

Mortgage giant Fannie Mae to accept Bitcoin and crypto as collateral for home loans

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Digital assets are making their way into the US housing market as mortgage giant Fannie Mae prepares to accept Bitcoin and other crypto holdings as part of down payments, The Wall Street Journal reported Thursday. The move allows crypto holders to use assets like Bitcoin directly when buying a home through Fannie Mae-backed mortgages. Instead of selling their crypto for US dollars, they can pledge it as part of the down payment, making it easier to access traditional housing finance. The program is being rolled out with Coinbase and Better…

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…