Cryptonews

Bitcoin Magazine Cathie Wood Calls Bitcoin’s 50% Crash a “Victory” as Market Tests New Floor Nearly six months after the Oct. 10 flash crypto crash erased millions of dollars in a single day, Bitcoin remains under pressure, trading well below its recent peak. The asset reached an all-time high of $126,080 on Oct. 6, but has since fallen about 47% to roughly $67,000. Despite the drawdown, Cathie Wood, a long-time BTC advocate and chief executive of ARK Investment Management, is urging investors to maintain a long-term perspective. Wood, whose firm was among the first publicly listed asset managers to gain exposure to Bitcoin in 2015, has maintained an active presence in crypto-related equities. ARK Invest continues to trade shares of companies tied to the digital asset sector, including Coinbase, Robinhood Markets, Block, Circle Internet Group, Bitmine Immersion Technologies, and Bullish, adjusting positions in response to market conditions. In an interview on CNBC’s Squawk Bo...

Bitcoin Magazine Riot Platforms Sells 3,778 Bitcoin in Q1 as Miner Strategy Shifts Toward AI Infrastructure Riot Platforms sold 3,778 bitcoin in the first quarter of 2026, generating $289.5 million and marking a shift in strategy as the miner redirects capital toward infrastructure and high-performance computing. The volume sold exceeded the company’s quarterly production of 1,473 BTC by roughly 2.6 times, signaling a drawdown of treasury holdings rather than routine profit-taking. Riot ended the quarter with 15,680 BTC, down 18% from 18,005 BTC at the close of 2025. The selling appears to have extended beyond the reporting period. Blockchain analytics firm Arkham Intelligence flagged a 500 BTC outflow from a wallet linked to Riot following the end of the quarter, suggesting continued liquidation activity. The imbalance between production and sales comes as Riot accelerates its expansion into artificial intelligence and high-performance computing colocation. The company has be...

Bitcoin Magazine The Bitcoin Treasury Model With a Built-In Valuation Floor There is a version of the Bitcoin treasury conversation that has become almost routine at this point. Bitcoin is hard money. Fiat debases. Companies that hold Bitcoin on their balance sheet are making a rational long-term decision. All of this is true, and none of it is the interesting question anymore. The interesting question is structural. Not should a company hold Bitcoin, but what kind of company should hold it, and what that choice implies for how the company performs across a full market cycle, not just a favorable one. Three models have emerged. Each reflects a different level of conviction, a different capital structure, and a different set of tradeoffs. The pure-play. A company whose primary purpose is accumulating Bitcoin through capital raises, financial engineering, etc, with no core operating business. Lean structure, singular mission. The digital credit issuer. The most sophistica...

Bitcoin Magazine LNVPN Rebrands to Nadanada.me as Privacy Infrastructure Expands with Anonymous eSIMs and Lightning Payments Offering anonymous eSIM data plans in over 200 countries , disposable and rental phone numbers for SMS verification, WireGuard VPN access and anonymous AI chat tools, LNVPN has outgrown its original brand. The company has grown into a full-spectrum privacy infrastructure service. The company started in 2022 as LNVPN. It began as a proof-of-concept Lightning Network VPN built for the Oslo Freedom Forum after Alex Gladstein asked the team to create a Lightning-enabled VPN for activists in oppressive regimes. The original focus was short-term VPN access paid with Lightning, allowing users to buy service by the hour or day instead of monthly subscriptions. The service grew quickly. Users liked the flexibility of short-term access without accounts or contracts. In 2023 the company won a price in the 2023 bolt.fun hackathon and added SMS verification services. U...

Bitcoin Magazine Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 Bitcoin price fell last night after President Donald Trump signaled a potential escalation in military action against Iran, triggering a broad pullback across global markets and raising questions about whether bitcoin price could test lower support levels. The price of Bitcoin dropped nearly 4% within hours after Trump’s April 1 address, sliding to below $66,000 early April 2. The decline came as investors shifted away from risk assets following remarks that pointed to harder strikes in the coming weeks, with no timeline for de-escalation. Equity markets also moved lower. The S&P 500 traded in negative territory, while Asia-Pacific equities reversed earlier gains . At the same time, oil prices surged, with Brent crude rising above $106 per barrel as traders priced in the possibility of prolonged disruption in the Strait of Hormuz, a key global ship...

Bitcoin Magazine Metaplanet Surpasses MARA Holdings to Become Third-Largest Corporate Bitcoin Holder Tokyo-listed Metaplanet has moved into the top tier of corporate bitcoin holders after acquiring 5,075 BTC during the first quarter of 2026, a purchase valued at roughly $398 million. The company disclosed the acquisition on April 2, confirming the purchases were completed by March 31 at an average price between $78,000 and $79,898 per bitcoin. The latest accumulation brings Metaplanet’s total holdings to 40,177 BTC, pushing it past MARA Holdings , which holds about 38,689 BTC following recent sales tied to debt management. MARA did recently sell 15,133 bitcoin for roughly $1.1 billion between March 4 and March 25 as part of a broader effort to restructure its balance sheet. The miner, which is expanding into digital energy and AI infrastructure, said the proceeds will be used to repurchase its 0.00% convertible senior notes due in 2030 and 2031. Metaplanet now ranks as the thir...

Bitcoin Magazine BlackRock Files Ticker for Bitcoin Premium Income ETF as Bitcoin Strategy Expands BlackRock has moved forward with its Bitcoin premium income strategy, revealing a ticker for its upcoming iShares Bitcoin Premium Income ETF. Bloomberg ETF analyst Eric Balchunas said on X that the fund will trade under “$BITA” and noted that BlackRock has filed an amended S-1 registration statement for the product, describing it as a sequel to its existing Bitcoin ETF lineup.  He added that no management fee has been set, with his “over/under” estimate at 38 basis points. There is no official launch date yet. The proposed ETF is designed to combine direct BTC exposure with an income-generating options overlay.  According to prior SEC filings, the structure is intended to hold BTC-linked assets, including shares of BlackRock’s spot Bitcoin ETF IBIT, while also writing covered call options on those holdings. The strategy aims to generate “premium income” while still trac...

Bitcoin Magazine Luxor Launches ‘Commander’ Fleet Management Software to Optimize Bitcoin Mining Operations Luxor Technology Corporation has unveiled Commander, a new fleet management and profitability optimization platform designed to give Bitcoin mining operators a unified control layer across their entire infrastructure. The Seattle-based Bitcoin mining software firm says Commander is built to consolidate fleet operations, energy management, and profitability optimization into a single system within its broader ecosystem, according to a note shared with Bitcoin Magazine.  Luxor, which already manages more than 1 gigawatt of Bitcoin mining and data center compute, positions Commander as a major step toward what it calls a “full-stack mining infrastructure,” integrating mining pool services, firmware, energy tools, derivatives, and fleet management under one platform. At its core, Commander provides real-time fleet monitoring, bulk remote command execution, and automated...

Bitcoin Magazine Australia Passes Landmark Crypto Law, Mandates Licensing for Exchanges and Custodians Australia has approved its first comprehensive digital asset framework, requiring crypto exchanges and custody providers to obtain financial services licenses, bringing the sector under the country’s core financial regulations. The Corporations Amendment (Digital Assets Framework) Bill 2025 cleared both houses of Parliament on April 1, marking a major shift in how digital assets are regulated.  The legislation integrates crypto platforms into the existing Australian Financial Services Licence (AFSL) regime, placing them under the same standards that govern brokers and fund managers. The law introduces two new regulated categories under the Corporations Act. Digital asset platforms cover exchanges and similar services that hold crypto on behalf of users. Tokenized custody platforms apply to firms that hold real-world assets and issue digital tokens representing those holdi...