The Q1 Loss

Strategy held more than $50 billion of cryptocurrency at quarter-end as Bitcoin tumbled more than 20% in Q1, the largest first-quarter drop since 2018.

The company adopted accounting standards last year requiring changes in Bitcoin holdings to flow through earnings, driving multibillion-dollar swings in results. 

Strategy reported a $2.42 billion deferred tax benefit in the quarter.

Strategy bought 4,871 Bitcoin from April 1-5 for $330 million at an average price of $67,700, funded through Class A common stock sales and Stretch preferred share sales.

The company has $2.25 billion in cash reserves, enough to cover interest and distributions for more than two years.

The Shrinking… Read more on Benzinga

Ripple is expanding into Africa’s $205 billion crypto market with RLUSD partnerships and custody solutions as XRP (CRYPTO: XRP) tests the $1.30 support that has held multiple times over the past two weeks.

The Africa Push

Sub-Saharan Africa received more than $205 billion in on-chain value between July 2024 and June 2025, a 52% year-over-year increase. 

Nigeria ranked 6th and Ethiopia 12th in the 2025 Global Crypto Adoption Index.

Ripple’s RLUSD stablecoin has seen strong demand across Africa through partnerships with Mercy Corps Ventures in Kenya for aid delivery, plus Chipper Cash, VALR, and Yellow Card for institutional access. 

Moreover, Absa Bank signed a strategic partnership for…

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The ETF Surge

The figure remains below January’s peak flow regime when multiple trading days topped $700 million.

The inflows come as Bitcoin continues stalling below $70,000, with weak spot demand and distribution by large holders capping upside. 

ETFs are increasingly offsetting that pressure, acting as the primary source of marginal buying.

The Iran Binary

Iran delivered its 10-point response to the U.S. peace plan. Key demands include guarantees Iran won’t be attacked again, permanent end to war, lifting of all U.S. sanctions, and opening the Strait of Hormuz in exchange—with a $2 million per ship fee split with Oman.

The White House holds its “no extension” posture, demanding…

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Bitcoin is trading around $68,000 as liquidations stand at $162.5 million over the past 24 hours.  

Bitcoin ETFs saw $471.3 million in net inflows on Monday, while Ethereum ETFs reported $120.2 million in net inflows.  

Meme coin market capitalization is down by around 2% over the past 24 hours.

Trader Commentary: 

CryptosBatman notes that Bitcoin has broken out of a short-term bearish trend, but a previous support level has flipped into resistance, creating a key battleground between bulls and bears. The Fair Value Gap (FVG) below is now seen as the final support zone, making upcoming price action critical

Crypto Tony identifies the $2,075–$2,072 range as the next critical support,…

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Stockholm, April 7th, 2026 – Virtune today announces the completion of the rebalancing for the Virtune Stablecoin Index ETP (SE0026821282), listed on Nasdaq Stockholm, Nasdaq Helsinki and Xetra.

Index allocation as of March 30th (before rebalancing):Ethereum: 41.67%XRP: 23.99%Solana: 17.92%Chainlink: 6.69%Stellar: 6.59%Aave: 3.14%

Index allocation as of March 31st (after rebalancing):Ethereum: 41.43%XRP: 23.83%Solana: 18.57%Chainlink: 6.60%Stellar: 6.17%Aave: 3.40%

The index is rebalanced quarterly to reflect market changes and ensure it continues to represent the most relevant and qualitative crypto assets. The rebalancing adjusts the weighting based on market capitalization and may…

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Bitcoin trades below $70,000 amid hopes for a ceasefire in the U.S.-Iran war.

Notable Statistics:

Coinglass data shows 84,159 traders were liquidated in the past 24 hours for $330.88 million.

SoSoValue data shows net inflows of $8.99 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $71.2 million.

In the past 24 hours, top gainers include Morpho, Ethena and Bonk.

Notable Developments:

Trader Notes: Trader Castillo describes the current environment ascautiously neutral to mildly bullish, with expectations of short-term sideways price action rather than a sharp decline.

Despite some uncertainty, the broader outlook remains stable, with no strong signals…

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As Bitcoin (CRYPTO: BTC) moves closer to $70,000, a fresh scarcity narrative is gaining traction.

Bitcoin The ‘Key Scarcity Asset’

Anthony Pompliano, CEO of Professional Capital Management, on April 4 described Bitcoin as a key “scarcity asset.”

He argues that it stands to benefit from a long-term macro shift, where investors increasingly favor limited-supply assets, like Bitcoin and oil, over assets that can be easily expanded.

However, the broader market appears confusing due to conflicting macro signals.

On the one hand, rising energy prices point to persistent inflation. On the other, weakening labor markets and slowing economic activity suggest growth is deteriorating.

Despite this…

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