Quick Summary: Strategy reported no Bitcoin purchases or share sales in the week ending March 29, marking its first weekly pause since December 2024. Strategy, the largest publicly traded company holding Bitcoin as a treasury asset, disclosed in a regulatory filing that it made no cryptocurrency purchases during the week of March 23 to March 29. The company also reported that it did not sell any shares during that period. The filing was submitted on Monday to the US Securities and Exchange Commission. According to the company’s reported purchase history, this marks the first week without a Bitcoin buy since…
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Quick Summary: Crypto funds recorded $414 million in net outflows last week, with Ethereum products accounting for $222 million amid concerns over U.S. crypto legislation. Digital asset investment products recorded their first week of net outflows in five weeks, shedding a combined $414 million, according to the latest weekly fund flows report from CoinShares. Ethereum products bore the largest share of those losses, with outflows reaching $222 million over the period. That figure has pushed Ethereum’s year-to-date net flows to a negative $273 million, the worst performance of any crypto product tracked by the European digital asset manager.The head of…
Quick Summary: Nium has launched a platform letting businesses issue stablecoin-funded cards via Visa and Mastercard, converting digital balances to fiat at point of sale. Nium, a global payments infrastructure provider, has introduced a new platform enabling businesses to issue stablecoin-funded cards through Visa and Mastercard. The system converts stablecoin balances into fiat currency at the point of sale and manages settlement, compliance and card network integration through a single layer. The company says the platform is designed to reduce the time needed to launch stablecoin card programs from months to just days by consolidating these functions into one integration.The…
Quick Summary: American Bitcoin’s reserves have reached 7,000 BTC, nearly tripling in under seven months, even as the company’s shares decline. American Bitcoin has grown its Bitcoin holdings to 7,000 BTC, a figure that represents roughly triple the reserves the company held less than seven months ago. The rapid accumulation marks a significant expansion of the firm’s digital asset strategy. Despite the growth in holdings, the company’s share price has moved in the opposite direction. The divergence between reserve growth and stock performance has drawn attention from market observers.The increase in Bitcoin reserves has also pushed the company’s Bitcoin exposure…
Quick Summary: Gnosis and Zisk have proposed the Ethereum Economic Zone, a shared infrastructure framework aimed at reducing fragmentation across Ethereum’s layer-2 networks. Gnosis and Zisk have put forward a framework called the Ethereum Economic Zone (EEZ) to align infrastructure across Ethereum’s ecosystem. The proposal, announced on Sunday, describes a shared environment designed to address the fragmentation and limitations associated with layer-2 scaling networks. Gnosis co-founder Freisderike Ernst and Zisk co-founder Jordi Baylina are backing shared infrastructure as a potential remedy to the growing concern that layer-2 networks are siloing user activity.Under the EEZ, layer-2 networks would operate within a…
Quick Summary: American Bitcoin Corp now holds over 7,000 BTC worth roughly $471 million, even as its stock has fallen nearly 88% over the past six months. American Bitcoin Corp, the publicly traded Bitcoin mining company co-founded by Eric Trump and Donald Trump Jr., has surpassed 7,000 BTC in holdings, valued at approximately $471 million. Despite this milestone, shares in the firm, trading under the ticker ABTC, fell nearly 4% to $0.82, marking their lowest point since the company’s initial public offering. The divergence between growing Bitcoin reserves and declining share price has drawn attention to the firm’s market performance.The…
Quick Summary: BitGo now offers custody, OTC trading, and onchain settlement for Canton Coin on a single platform, targeting institutional clients in tokenized finance. BitGo, a digital asset infrastructure provider, has broadened its support for Canton Coin by adding over-the-counter trading and settlement capabilities to its existing custody offering. The company announced on Monday that it has become one of the first US-based regulated providers to bundle custody, OTC trading, and settlement for Canton Coin within a single platform. The move reflects a wider industry effort to build trading and settlement infrastructure for tokenized financial assets.BitGo first began supporting Canton…
Quick Summary: Bitcoin’s hashrate has fallen roughly 4% in the first quarter of 2025, its first Q1 drop in five years, as miners redirect capital toward AI infrastructure. Bitcoin’s network hashrate has declined approximately 4% in the first quarter of this year, marking the first such drop in the opening quarter since 2020. The decline breaks a streak of five consecutive years in which the hashrate posted double-digit growth during the same period. The reversal signals a notable shift in the dynamics of the cryptocurrency mining industry.Deteriorating mining economics are cited as a primary driver behind the pullback in computational…
Quick Summary: BitMine Immersion Technologies bought 71,179 ether last week, marking its biggest single-week acquisition of 2026 amid a broader crypto price slump. BitMine Immersion Technologies acquired 71,179 ether last week, representing the company’s largest weekly purchase of the year so far. The buy comes during a period of declining cryptocurrency prices, a climate in which many institutional holders have pulled back on accumulation. The move signals a continued commitment to building the company’s digital asset reserves despite unfavorable market conditions.The purchase extends BitMine’s ether accumulation streak to four consecutive weeks of accelerated buying. While broader crypto markets have faced…
Quick Summary: BitMine Immersion Technologies acquired 71,179 ETH worth $146 million last week, lifting its total holdings to over 4.7 million ETH valued at $9.7 billion. BitMine Immersion Technologies continued its aggressive accumulation of Ethereum last week, purchasing 71,179 ETH for approximately $146 million. The acquisition brings the firm’s total holdings to 4,732,082 ETH, now valued at around $9.7 billion with ETH trading near $2,055. BitMine also holds 197 BTC worth roughly $13.2 million and maintains $961 million in cash reserves. The purchase came as rival crypto treasury firm Strategy paused its routine weekly Bitcoin buying.BitMine Chairman Tom Lee pointed…
