Bitcoin Giant Strategy Reports $12.5 Billion Q1 Loss—But Its Stock Is Up 56% in the Last Month

Harsher penalties will be imposed by China's Supreme People's Court on those using cryptocurrency for money laundering and illegal fund transfers across borders. This announcement is part of a broader crackdown on technology-enabled crimes, including AI-powered fraud and doxxing attacks.

Analysts at brokerage Bernstein predict a potential surge in Circle (CRCL) shares, citing stablecoin adoption diverging from the broader crypto market. Circle's USDC supply rebounded to near its record high despite market fluctuations, with transaction activity and volumes on the rise.

The SEC and CFTC are working on a formal memorandum of understanding to combine efforts in regulating U.S. crypto activity. This includes joint meetings, a harmonization website, and shared supervisory findings for crypto firms.

Bithumb faces potential heavy disciplinary action from financial regulators for violating anti-money laundering protocols, including a possible six-month partial suspension of operations. The exchange is also under investigation by an advertising watchdog for its marketing campaigns.

Netflix blocked Bitcoin-related sponsors from appearing on a pro boxer's fight trunks during a live-streamed event, causing last-minute changes. Sponsors had been approved and promoted for nearly two months before the ban was enforced, disrupting preparations for the fight.

X Money, Elon Musk's upcoming financial app, is set to launch early public access in April, offering features like direct deposits, yield earning, and payments. Despite speculation, there is no confirmed crypto integration yet, although Musk has hinted at future crypto functionality.

Bhutan's state-owned investment arm has been steadily selling portions of the country's Bitcoin reserves, totaling about $42.5 million in BTC and USDT in 2026. The transfers, managed by Druk Holding and Investments, indicate a planned treasury drawdown strategy rather than panic selling.

Solana ETFs are primarily attracting institutional investors, while XRP funds are more reliant on retail demand, according to a report by Bloomberg Intelligence analysts. The largest known holders of Solana ETFs include Electric Capital, Goldman Sachs, and Elequin Capital.

Bitcoin's price has risen 3% to $71,255, but remains rangebound amid President Trump's threats towards Iran. The Federal Reserve's upcoming rate decision on March 18 has caused uncertainty among investors, leading to $359 million in liquidations on crypto derivatives contracts.

Hyperliquid's HYPE token surged as a top venue for trading tokenized crude oil, with volume surpassing $1 billion. The platform's upcoming upgrade aims to reduce liquidation risk and enhance safety for larger positions on volatile assets.