The Wartime Outperformance

“As the Iran war enters its 5th week, ETH and crypto outperformed the broader market with ETH outperforming equities by 1,160 basis points,” Lee said. 

“This is a marked contrast to Gold (a traditional store of value), which has underperformed by more than 750 basis points,” he added.

He noted that the inverse correlation between crypto and equities and oil has reached its highest level in the past year. 

Rising oil prices create a headwind for both equities and crypto until markets become comfortable with oil’s future trajectory. 

Lee expects the crypto winter will likely end when the upside risk to oil prices peaks.

The 5% Target

Bitmine now owns 3.92%…

Read more on Benzinga

Ripple CEO Brad Garlinghouse said the crypto industry cannot afford another “Gary Gensler moment,” criticizing what he described as a “war on crypto” under the Biden administration.

Ripple Remains Strong

In a March 27 interview with FOX Business, Garlinghouse said crypto markets faced headwinds over the past year and entered 2026 on a flat note as U.S. regulatory direction remains uncertain. He said clearer and more consistent rules are needed and pointed to recent regulatory progress as a positive step.

Garlinghouse said Ripple is continuing to grow despite market volatility, driven by acquisitions and expansion into areas such as treasury management and prime brokerage.

He said these…

Read more on Benzinga

Grayscale says crypto treasury firms are likely to remain a permanent fixture of the investing landscape as they diversify into new business lines.

DATs Stabilized Through Strategic Approaches

In a post on March 26, Grayscale head of research Zach Pandl noted that DATs surged last year as strong valuations enabled aggressive token accumulation and inspired similar firms.

However, by late 2025, momentum weakened as many shares traded below their underlying crypto values, raising questions about sustainability and even prompting concerns that some firms could be excluded from benchmark indices.

More recently, DATs have regained stability by improving capital structures, generating yield…

Read more on Benzinga

The Hypothetical That Wasn’t So Hypothetical

A month later, he followed up with a disclaimer that he was about to tell a “completely made up, hypothetical story” where any resemblance to real exchanges was “entirely coincidental.”

In his hypothetical, an unnamed exchange refuses to list XRP even though doing so would clearly benefit their business. 

Instead, they approach Ripple, demanding millions of dollars as a listing fee. Ripple refuses, and months go by at a deadlock. 

The exchange even privately admits that they would have listed XRP long ago if Ripple simply didn’t exist as a company.

Eventually, a deal gets struck. Ripple pays. XRP gets listed. Almost immediately, XRP…

Read more on Benzinga

Bitcoin recovered about 1.5% after dropping to $65,000 over the weekend, as broader markets rebounded and buoyed by a relief rally following options expiry; liquidations stand at $366.35 million over the past 24 hours.  

Bitcoin ETFs saw $225.5 million in net outflows on Friday, while Ethereum ETFs reported $48.5 million in net outflows.  

Meme coin market capitalization saw a 1.4% increase over the past 24 hours to $34 billion.

Trader Commentary:

Trader Michael van de Poppe said Bitcoin’s recent bounce is encouraging but does not yet confirm a trend reversal, emphasizing that macroeconomic conditions remain the primary driver.

He identified a breakout above $71,000 as key confirmation,…

Read more on Benzinga

CleanSpark Inc. (NASDAQ:CLSK) shares are seeing notable upward activity in Monday’s premarket session.

The move comes as the broader cryptocurrency market recovers from a volatile weekend. As of Monday morning, the total crypto market cap rose 1.39% to $2.33 trillion.

CleanSpark, a data center developer focused exclusively on bitcoin mining, typically trades in high correlation with the digital asset.

Short Interest Data Signals Tight Float

According to Benzinga, short interest in CleanSpark recently decreased from 84.93 million to 84.61 million shares. Despite this slight dip, a massive 46.36% of the company’s publicly available shares remain held short.

Based on an average daily volume…

Read more on Benzinga

The question worth asking: Is Bitcoin actually at risk or just early in a transition cycle that has years to play out?

What Google Actually Said

“By doing this, we hope to provide the clarity and urgency needed to accelerate digital transitions not only for Google, but also across the industry.”

Why Quantum Computing Matters for Crypto

Classical computers solve mathematical problems sequentially. Quantum computers exploit principles of superposition and entanglement to process multiple solutions simultaneously, making certain problems exponentially easier to solve.

SHA-256, the hashing algorithm used in Bitcoin’s proof-of-work, faces a different and lesser threat via Grover’s algorithm, which…

Read more on Benzinga