Bitcoin temporarily dropped below $71,000 after the U.S. Bureau of Labor Statistics reported higher-than-expected wholesale inflation, causing significant market turbulence. Macro Pressures: PPI vs. Geopolitics Bitcoin momentarily slipped below the $71,000 threshold on Wednesday after the U.S. Bureau of Labor Statistics (BLS) released data showing wholesale inflation came in significantly hotter than expected across all […] Original
Category: Bitcoin News
Court Reaffirms Bitcoin’s Status as Property but Limits Tort Claims in $172M Case
A United Kingdom High Court’s recent ruling has clarified the legal status of bitcoin, stating that while it is considered property, it cannot be subjected to traditional legal claims applicable to physical goods. The $172 Million Bitcoin Dispute In a landmark ruling, the High Court of Justice clarified the legal status of digital assets, specifically […] Original
Difficulty Drop Incoming: Bitcoin Miners Catch a Break While Revenues Stay Ugly
Bitcoin’s miners just got hit with a one-two punch—price slipping under $71,000 and network difficulty preparing to ease up like a bouncer who suddenly stopped caring. Bitcoin’s Difficulty Dial to Turn Down as Hashrate Loses Steam When bitcoin’s price drifts south and the machines start taking longer to spit out blocks, the protocol does what […] Original
Gemini stock’s 3% slide flags decoupling from Bitcoin and crypto rally
Gemini’s GEMI stock is down about 3% over 24 hours and trading below $6 even as Bitcoin, Ethereum and Coinbase rebound, signaling growing decoupling from the crypto rally. Summary GEMI opened near $5.95, about 3% below its 24‑hour level and near the bottom of today’s $5.92–$6.98 range, a pattern that suggests distribution rather than fresh accumulation. After a 2025 IPO at $28 and a first‑day pop to ~$37, the stock has traced a classic post‑hype round‑trip as exploding losses, heavy spend and thin liquidity leave late‑cycle retail deep underwater. Bitcoin…
Bitcoin Breaks Lower Range as Pressure Builds Beneath $71K
Bitcoin traded below $71,000 on March 18, 2026, after dropping to an intraday low of $70,767 just before 11 a.m. EST, within a broader $70,767 to $74,836 range. The move places price directly on a critical support zone, with technical signals increasingly strained across shorter timeframes. Bitcoin Chart Outlook Price action now reflects a deeper […] Original
the trader called Jason who keeps shorting Bitcoin on time
A pseudonymous whale called Jason has built a 2,281 BTC short on Binance, now in multi‑million profit, extending a pattern of eerily well‑timed macro trades. Summary On-chain sleuths say Jason holds a 2,281 BTC short on Binance at a $74,238 entry, sitting on roughly $4.2 million in unrealized profit with BTC near $72,467. The trader’s history includes perfectly timed shorts during prior market crashes and a reported $58.89 million loss, underscoring a high‑conviction, high‑risk strategy. Today’s bet lands as Bitcoin slides on Iran-linked Strait of Hormuz tensions and hotter‑than‑expected U.S.…
Bitcoin ETFs 7-Day Streak Sees Inflows Reach $1.16 Billion
Bitcoin ETFs extended their inflow streak to seven days with a $199 million addition, reinforcing strong institutional demand. Ether, solana, and XRP also posted gains, marking a broadly positive day across crypto ETFs. ETF Momentum Builds as Bitcoin, Ether Lead Fresh Inflows On Tuesday, March 17, the market didn’t just open; it accelerated. Bitcoin ETFs […] Original
Bitcoin slides to $72,300 as Hormuz conflict and hot inflation hit risk assets
Bitcoin slips to $72.3k as the Strait of Hormuz conflict spikes oil, U.S. inflation runs hot, and traders slash Fed cut bets, pressuring crypto and stocks. Summary Strait of Hormuz closure sends oil above $100, adding fresh inflation pressure before it even hits official data. Hot U.S. PPI print forces traders to reprice 2026 Fed cuts, pushing equity futures and Bitcoin lower in a correlated risk-off move. Elevated energy prices, sticky core inflation and an entrenched Gulf conflict leave the near-term path for crypto and other risk assets highly uncertain.…
US PPI Data Surprises to the Upside, Sends Hawkish Signals, Bitcoin Plunges to $72K
Inflation just kicked the door in, and February’s Producer Price Index is the kind of uninvited guest the Federal Reserve definitely did not RSVP for. U.S. Wholesale Prices Jump, Reinforcing Higher-for-Longer Rate Narrative Wholesale prices rose 0.7% in February, nearly double expectations and a not-so-subtle reminder that inflation still has a pulse — and apparently […] Original
Maestro Launches Bitcoin-Native Institutional Credit Market for Mining Infrastructure
Maestro has introduced Mezzamine, an onchain credit market enabling institutional investors to generate bitcoin yield through renewable mining operations. Maestro launched Mezzamine on March 17th, 2026, in Austin, Texas, debuting its first live program with the renewable energy provider Sazmining. The Bitcoin-native ( BTC) facility allows institutional holders to finance mining hashrate to earn an […] Original