Quick Summary: Meta has locked in AI cloud capacity with CoreWeave through 2032, sending CRWV shares up 3% in pre-market trading. Meta has secured a long-term agreement with cloud infrastructure provider CoreWeave to support its ongoing artificial intelligence operations through 2032. The deal locks in dedicated AI cloud capacity for Meta over the coming years. It signals a significant commitment by the social media giant to scaling its AI deployment over the long term.For CoreWeave, the agreement reinforces its standing in the rapidly expanding AI infrastructure market. The company has been positioning itself as a key provider of computing resources…
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Quick Summary: BitMEX reports commodity perpetual swaps grew 65,463% in Q1 2026, with weekly volume jumping from $38.1 million to $25 billion. BitMEX released a report on Thursday identifying commodity perpetual swaps as the fastest-growing segment of traditional finance perpetuals in the first quarter of 2026. Weekly trading volume in the category surged 65,463%, climbing from $38.1 million to $25.0 billion over the period. The exchange attributed much of this expansion to heightened demand for around-the-clock commodity exposure on crypto-native platforms.Silver, crude oil, and gold were the primary drivers of that growth. By the week of March 15, Silver (XAG)…
Quick Summary: Tokenized silver has reached nearly 15% of Comex volume, but analysts warn liquidity gaps and pricing issues still limit mainstream adoption. Cryptocurrency exchanges are steadily capturing market share from traditional finance trading venues through tokenized commodities products, yet widespread adoption of tokenized precious metals continues to face structural obstacles. A Thursday report from Binance Research highlights both the rapid growth of these instruments and the persistent challenges that prevent them from fully competing with established markets. The findings point to a sector in transition, with crypto platforms making measurable inroads while still falling short of legacy infrastructure standards.Tokenized…
Quick Summary: Crypto ATM operator Bitcoin Depot lost roughly 50.9 Bitcoin worth $3.7 million after a hacker accessed its corporate wallet credentials on March 23. Crypto ATM operator Bitcoin Depot has disclosed that a hacker stole approximately 50.9 Bitcoin valued at around $3.7 million after gaining unauthorized access to internal systems. The company revealed the breach in a filing with the US Securities and Exchange Commission on Monday. According to the filing, the attacker obtained credentials tied to Bitcoin Depot’s corporate Bitcoin wallets on March 23. The company stated that customer accounts, platforms, and personal data were not compromised.Bitcoin Depot…
Quick Summary: Tokenized traditional assets saw weekly trading volume reach $30.7 billion in Q1, representing 1.72% of the crypto derivatives market. Trading activity in tokenized versions of traditional financial assets rose sharply during the first quarter, with weekly volume climbing to $30.7 billion and capturing 1.72% of the broader crypto derivatives market. The figures point to growing investor appetite for blockchain-based exposure to conventional asset classes. The trend spans multiple asset categories, with both commodities and equities recording notable gains.Commodities emerged as the leading segment, driven in part by geopolitical tensions that pushed oil trading to a weekly volume of…
Quick Summary: Fartcoin drops 28% from its weekly peak as a wave of altcoin liquidations totals $51 million, with Bitcoin holding above $71,000 amid geopolitical uncertainty. Fartcoin has fallen approximately 28% from its Thursday morning peak, trading around $0.178 according to CoinGecko data. The meme coin had surged from $0.166 on Tuesday to $0.247 the following day, posting a 48% gain in under two days. That rapid climb was quickly reversed, triggering a sharp V-shaped correction that caught many leveraged traders off guard.The reversal liquidated $48 million in long positions and $3.7 million in short positions within a 24-hour window,…
Quick Summary: Iran is charging oil tankers $1 per barrel in Bitcoin to pass through the Strait of Hormuz, while U.S. crypto ETF volumes hit $2.4 billion in a single day. Iran is requiring oil tankers to pay a transit fee of $1 per barrel in Bitcoin to pass through the Strait of Hormuz during a two-week window, according to the Financial Times. Tankers must contact Iranian authorities by email with their cargo details before attempting passage, after which Tehran calculates the fee and provides payment instructions. A fully loaded supertanker could face a charge approaching $2 million. The development…
Quick Summary: Bitcoin sentiment turns bullish as whale wallets accumulate and a potential Fed rate cut boosts hopes for a rally toward $100,000 by June. Bitcoin market sentiment has shifted decisively to the bullish side, with traders on Deribit making the $80,000 call option the most actively traded contract on the platform. This surge in options activity signals growing confidence among market participants that Bitcoin is positioned for a significant upward move. The concentration of interest around that strike price reflects a broad expectation of near-term price appreciation.On-chain data points to notable accumulation by large holders, with wallets containing 10,000…
Quick Summary: Analysts are divided on Bitcoin’s next move, with one warning of a drop to $10,000 while another says the market bottom has passed. Bitcoin and Ether are trading relatively flat as market analysts offer sharply contrasting outlooks for the leading cryptocurrency. Bloomberg senior strategist Mike McGlone has cautioned that a potential “meltdown” to $10,000 could occur if Bitcoin fails to reclaim the $75,000 level. In contrast, Fundstrat’s Tom Lee maintains that the market has already reached its bottom and conditions are improving.The divergence in expert opinion reflects broader uncertainty gripping the crypto market at this stage. McGlone’s bearish…
Quick Summary: Bhutan has offloaded over 9,000 BTC since late October 2024, cutting its holdings by roughly 70% to 3,654 BTC. Bhutan has transferred an additional 319 Bitcoin worth approximately $22.68 million from a sovereign-linked wallet, continuing a months-long pattern of selling that has significantly reduced the country’s digital asset reserves. Data from Arkham Intelligence attributes the wallet to the Royal Government of Bhutan and its investment arm, Druk Holding & Investment. The latest transfer brings total outflows since late October 2024 to more than 9,000 BTC.The pace of disposals has been notable in recent months. During March alone, the…
