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Thursday2026/04
03-18
Bitwise Study Shows Ethereum Still Traded as Bitcoin Proxy
TL;DRBitwise says Ethereum still trades mainly as a Bitcoin proxy, helping explain why ETH remains about 62% below its all-time high despite stronger fundamentals.BTC explains roughly 65% of Ethereum’s return variance, while financial conditions, active addresses and ETF flows matter, but remain sec...
FTX to Distribute $2.2B to Creditors Starting March 31, Recovery Reaches 120%
FTX is set to begin a $2.2 billion creditor payout on March 31 while separately scheduling its first preferred equity payments for May 29, as multiple claim classes move toward full or even excess repayment under the restructuring plan.FTX Sets March 31 Timeline for $2.2 Billion Creditor PayoutEffor...
Crypto Markets Drop After Fed Decision as Powell Warns Inflation Risks Persist
Crypto markets turned sharply lower following the Federal Reserve’s latest policy decision, with major assets posting broad losses as investors reacted to a more cautious macro outlook.Data from TradingView’s heatmap showed widespread selling pressure across the market, with large-cap tokens leading...
SOL Breaks $93 Floor, Analysts Flag Potential Short Squeeze
Solana’s SOL token jumped past a key technical resistance level at about $93, turning what analysts called a “39-day distribution zone” into a structural floor.The move has brought two price targets into focus, one being an initial level near $103 and a secondary one near $113.Breakout Above $93 Shi...
Tether Launches Cross-Platform BitNet LoRA Framework for AI Training on Consumer Devices
Tether’s BitNet LoRA framework enables AI model training across smartphones, GPUs, and consumer devices.The system reduces memory use and boosts performance, with up to 77.8% lower VRAM requirements.Users can fine-tune models up to 13B parameters on mobile devices, expanding edge AI capabilities.Tet...
Hong Kong's RedotPay Aims to Raise $150M Pre-IPO for U.S. Listing at $4B Valuation
RedotPay is looking to raise $150 million in a pre-IPO round. The Hong Kong based stablecoin payment processor is targeting a $4 billion valuation.The plan is to lock in capital before a US public listing that could come as early as this year.What makes it interesting is the context. The company say...
Bitcoin Monthly Chart Suggests Potential Market Shift
Bitcoin is starting to show intriguing signals on the monthly time frame, with long-term data hinting at a potential shift in market structure. While short-term price action often captures attention, it is the higher-time-frame trends that typically define the broader market direction, and those sig...
Fairshake's $10M Illinois Loss Marks First Major Setback in Crypto Political Spending
Losing a race is unusual for the crypto industry's political action committee, Fairshake, which has recorded a dominant record in the past two congressional elections. But the Illinois primaries this week saw its biggest-ever setback, likely to conclude with a new member of the Senate next year bein...
Polymarket Acquires Brahma to Expand Blockchain Trading Infrastructure
Prediction markets platform Polymarket announced Wednesday the acquisition of Brahma, a financial infrastructure company that built real-time execution and settlement systems for high-volume digital asset and fintech transactions."[Brahma has] quickly become an industry leader in building and develo...
Nebius Prices $4 Billion Convertible Notes to Fuel AI Data Center Expansion
Nebius Group N.V. priced an upsized $4 billion convertible senior notes offering on Wednesday increasing the deal size after strong institutional demand.Inside Nebius’ $4B Raise to Power Next-Gen AI InfrastructureNebius, the Nasdaq-listed AI infrastructure firm, trading under NBIS, had initially pro...
Shiba Inu Exec Says SHIB Classified as Digital Commodity by SEC
TL;DRSHIB has been identified in SEC-related guidance, shared by Lucie, as a digital commodity rather than a security.The report reportedly reclassified 16 major cryptocurrencies, with Shiba Inu grouped alongside Bitcoin, Ethereum, XRP and Dogecoin.Lucie said the clarification restores confidence, v...
Redotpay Eyes $150M Raise Ahead of Potential 2026 U.S. IPO
Hong Kong-based fintech Redotpay is in talks to raise up to $150 million ahead of a potential U.S. IPO, aiming to cement its role in turning stablecoins into everyday spending tools.Redotpay Positions Itself as Revolut-Style Crypto Payments LeaderAccording to Bloomberg, the fundraising effort foll...
Bitcoin ETFs Extend Inflow Streak as Institutional Demand Returns
Key InsightsBitcoin ETFs recorded longest inflow streak since Oct. 2025.Institutional demand returned despite weak trading volumes.Altcoin ETFs followed with mixed year-to-date performance.U.S. spot Bitcoin ETFs extended their inflow streak to seven straight sessions on March 17. This marked the lon...
Fold Posts $69.6M Net Loss in 2025 Amid Bitcoin Credit Card Expansion
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 operatin...
Fed Holds Rates Steady, 1% Chance of April Hike
BlockBeats news, on March 19, according to CME FedWatch, the probability of the Fed maintaining rates unchanged until April is 97%, the probability of a 25-basis-point rate cut is 2%, and the probability of a 25-basis-point rate hike is 1%.The probability of maintaining interest rates unchanged thro...
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