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NEWS

FTX’s Sam Bankman-Fried Wants a New Trial, Claims He Was a Political Victim of the Biden Administration

Micah Zimmerman -
Convicted FTX fraudster Sam Bankman-Fried reportedly filed for a new trial today.
NEWS

U.S. Treasury: Passing the Clarity Act is Critical for U.S. Bitcoin and Crypto Sovereignty

Micah Zimmerman -
Treasury Secretary Scott Bessent recently pressed lawmakers to act on stalled crypto legislation, saying the United States must secure clear market structure rules before the end of the spring legislative window.
NEWS

Interactive Brokers Adds Nano Bitcoin Futures Via Coinbase Derivatives

Micah Zimmerman -
Interactive Brokers now offers nano Bitcoin futures via Coinbase Derivatives, providing smaller, lower-risk, and perpetual-style contracts to broaden regulated crypto access for its clients.
NEWS

‘We’re Not Selling’: Strategy’s (MSTR) Michael Saylor Doubles Down on Bitcoin Buys

Micah Zimmerman -
Michael Saylor defended Strategy’s bitcoin-buying strategy on CNBC’s Squawk Box today, brushing off fears the company could be forced to sell Bitcoin in a prolonged downturn.
NEWS

Fed’s Waller Shrugs Off Bitcoin Volatility, Says Crypto Crashes Don’t Threaten Banks

Micah Zimmerman -
Fed Governor Christopher Waller said bitcoin and crypto remain largely separate from the traditional financial system, viewing their volatility as a market feature rather than a systemic risk.
NEWS

Cipher Mining (CIFR) and TeraWulf (WULF) Get Morgan Stanley Nod; Marathon (MARA) Rated Underweight

Micah Zimmerman -
Morgan Stanley initiated coverage on Cipher Mining and TeraWulf with Overweight ratings while downgrading Marathon to Underweight.
MARKETS

Bernstein Calls Current Bitcoin Selloff the ‘Weakest Bear Case in History,’ Reaffirms $150K Target for 2026

Micah Zimmerman -
Bernstein reiterated a bullish view of bitcoin, calling the current bitcoin price downturn “weak” and they reiterated a $150,000 price target by the end of 2026.
NEWS

Bitcoin Miner Cango Sells Millions in Bitcoin to Cut Debt and Fund AI Expansion

Micah Zimmerman -
Bitcoin miner Cango said it sold 4,451 Bitcoin over the weekend for net proceeds of about $305 million.
NEWS

Strategy (MSTR) Adds 1,142 Bitcoin for $90 Million as Bitcoin Trades Near $69,000

Micah Zimmerman -
Strategy bought another 1,142 bitcoin for about $90 million at an average price of $78,815 per bitcoin.
NEWS

Bithumb Bitcoin Blunder Sends $44 Billion to Users, Rattles Crypto Markets 

Micah Zimmerman -
Bithumb triggered a major market shock after an employee mistakenly sent billions of dollars worth of bitcoin to users instead of small cash rewards.
NEWS

Michael Saylor Says Strategy ($MSTR) Will Lead Global Bitcoin Effort Against Quantum Threats

Micah Zimmerman -
Strategy (MSTR) is moving to take a more active role in preparing Bitcoin for potential future threats from quantum computing.
NEWS

Bithumb Accidentally Sends Large Amounts of Bitcoin to Users, Triggers Price Crash Amid Market Selloff

Micah Zimmerman -
Bithumb reportedly made a mistake that led to the accidental deposit of large amounts of Bitcoin to various users.
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