Bitcoin, Ethereum, XRP, Dogecoin Fall As Trump Moves To Block Strait Of Hormuz: Analyst Says Risk-On Asse

Leading cryptocurrencies slid alongside stock futures on Sunday evening after the peace talks between the U.S. and Iran collapsed.

Crypto Market Bleeds

Bitcoin slid below $71,000, accompanied by a 33% jump in 24-hour trading volume. Ethereum also encountered selling pressure, sliding below $2,200, while XRP and Dogecoin traded in the red.

Over $280 million was liquidated in the past 24 hours, predominantly bullish long positions,  according to Coinglass data.

Open interest in Bitcoin futures fell 5.76% in the last 24 hours. However, retail and whale derivatives traders on Binance continued to be long BTC as of this writing.

“Extreme Fear” sentiment dominated the market, according to the…

Read more on Benzinga

Crypto Billionaire Changpeng Zhao Swears By This Principle And Believes Adopting It Could ‘Magically’ Imp

CZ Stress On Having Real Purpose In Life

In October 2022, CZ shared a set of “principles” he follows, including one about owning one’s work.

“The right mentality is a prerequisite to success in life. Be responsible and be proud of what you do,” he stated.

CZ warned against grinding on tasks without a real purpose. He drew on the classic tale about walls and cathedrals to make his point.

“Don’t just lay bricks on a wall. Be the guy building the cathedral. If you don’t think you are ‘building a cathedral,’ you should look for a different job,” the former Binance CEO said.

CZ stated that one must always think about what else can they do to improve things beyond what others have…

Read more on Benzinga

Weekend Round-Up: Bitcoin’s Market Fit, Satoshi Nakamoto’s Identity And More

This week was a whirlwind of activity in the cryptocurrency world. From Anthony Pompliano’s bullish stance on Bitcoin to the potential revelation of Satoshi Nakamoto’s identity, there was no shortage of intriguing developments.

Let’s dive into the top stories that shaped the crypto landscape over the weekend.

Bitcoin’s ‘True Product-Market Fit’

Read the full article here.

Satoshi Nakamoto’s Identity Revealed?

A recent report has drawn parallels between the early work in cryptography of a certain individual and the writings of Bitcoin’s elusive creator, Satoshi Nakamoto. The report also noted that this individual’s online activity coincides with the period when Nakamoto was…

Read more on Benzinga

Scaramucci Cautions Against Bitcoin Anxiety: ‘The Asset Didn’t Change. The Price Did’

In the post, he wrote that he held the same single bitcoin before a rally and through a bear stretch, but experienced completely different reactions as the price moved. He added that the asset didn’t change while the market price did, ending the message with a confident line about momentum continuing.

Scaramucci has also described bear markets as marathons that end when participants run out of stamina, not when fear finally fades. In that framing, he has argued the bleakest sentiment often shows investors are positioned too lightly for a reversal.

Why Bitcoin’s Price Volatility Matters Now

That emotional gap between ownership and price is a key part of the bitcoin experience, especially…

Read more on Benzinga

Relics Of A Revolution, Part II: False Profits And Freedom

Revolutions leave behind artifacts — not always weapons or flags, but the quieter objects that carried a message before anyone knew how far it would travel. A wheat-pasted broadside on a Los Angeles overpass. A hand-lettered cardboard sign held up in the snow outside a Tokyo office building. A newspaper headline, pulled from the front page of The Times of London and encoded permanently into a piece of software that would go on to challenge the architecture of global finance.

The works gathered in Relics of a Revolution at the Bitcoin 2026 Conference in Las Vegas trace a specific lineage of dissent — one that connects street-level protest to the birth of Bitcoin itself. Mear One…

Read more on BitcoinMagazine

The Role And History Of Bitcoin Core Maintainers

Don’t miss your chance to own The Core Issue — featuring articles written by many Core Developers explaining the projects they work on themselves!

In the beginning there was only Satoshi Nakamoto and a powerful idea. Nakamoto started working on Bitcoin as far back as 2007[1], and as far as we know worked on it entirely himself, until a few weeks after his release of the Bitcoin white paper on October 31st 2008[2], when Nakamoto took on the first Contributor to the project, Hal Finney[3].

Finney, it turns out, was critical to Bitcoin’s early success. According to recently surfaced emails[4] Nakamoto’s node was unable to receive “incoming connections” for a couple of days…

Read more on BitcoinMagazine

Binance Founder CZ Says Crypto Is ‘Too Transparent,’ Warns Of Privacy Gap As Regulators Catch Up – Graysc

“It’s actually extremely easy to track crypto funds. The blockchain is a public ledger, and if you couple that with a few centralized exchanges’ KYC information, you can track most transactions pretty accurately,” Zhao said Friday on TBPN.

A Privacy Problem, Not Just A Feature

The warning lands at an awkward moment for crypto’s payment ambitions. Venture capitalist Tim Draper has previously called for employees, suppliers and taxes to be settled in Bitcoin via smart contracts — a vision CZ’s transparency concern now directly complicates.

“There’s a lack of preserving privacy,” he warned, calling for an optimal balance between regulatory compliance and individual… Read more on Benzinga

Bitcoin Policy Institute Warns Quantum Advances Are Compressing Timeline For Network Upgrades

A new brief from the Bitcoin Policy Institute argues that recent breakthroughs in quantum computing are accelerating the timeline for when Bitcoin’s cryptography could face credible threats, while stressing that developers are already preparing solutions.

In its report, State of Play: Quantum Computing and Bitcoin’s Path Forward, the Bitcoin Policy Institute points to two research papers released on March 31 by Google and California Institute of Technology that reshape long-standing assumptions about the computing power required to break Bitcoin’s encryption.

For years, estimates suggested that an attacker would need around 10 million qubits to exploit Shor’s algorithm…

Read more on BitcoinMagazine

Strategy Target Slashed To $350, But Watch These Four Crypto Treasury Stocks, TD Cowen Says – Strategy (N

The Strategy Cut

Analysts Lance Vitanza and Jonathan Navarrete attributed the revised target to a “lower bitcoin price deck” and a reduction in the valuation multiple applied to the company’s projected bitcoin gains, The Block reported on Friday.

The analysts project Strategy’s “BTC gain” at $7.87 billion for fiscal year 2026, down from $10.17 billion in 2025. Strategy holds 766,970 BTC acquired at an average price of $75,700 per BTC.

TD Cowen’s base case assumes Bitcoin reaches $140,000 by December 2026, with the company acquiring about $5 billion in Bitcoin per quarter.

The Four Buy Initiations

Strive (NASDAQ:ASST) surged 8% to $10 after receiving a $26 price target, implying…

Read more on Benzinga

TD Cowen Initiates Coverage On Bitcoin Treasury Companies, Frames PBTC Sector As Investable Equity Category

TD Cowen this week initiated equity research coverage on three public Bitcoin treasury companies (PBTCs) and one Ethereum digital asset treasury, publishing proprietary valuation models and KPIs specific to the sector. 

The move marks one of the more concrete steps a major bank has taken to build formal research infrastructure around Bitcoin-focused equities.

The firm’s analysts, led by Lance Vitanza, view Bitcoin as a long-term store of value — framing it in the tradition of digital gold — and project a price of roughly $140,000 by the end of 2026. 

TD Cowen’s thesis holds that PBTCs, companies that accumulate Bitcoin on their balance sheets and grow holdings on a per-share…

Read more on BitcoinMagazine