Michael Saylor’s New Product Means ‘Bitcoin Bottom Is In,’ Trader Says

‘Bottom Is In’ As Bearish Sentiment Peaks

In his Mar.17 podcast, Maeda noted that market sentiment is extremely bearish, with many traders expecting a final capitulation toward $45,000.

However, he sees this as an overcrowded trade, choosing instead to aggressively accumulate Bitcoin.

His thesis is not based on macro or technicals, but on crypto-native capital flows, which he believes are shifting in a way that supports price stability.

At the center of this view is Strategy (NASDAQ:MSTR) and its new fixed-income product STRCH, introduced by Michael Saylor.

The product offers an 11.5% yield, with proceeds used directly to purchase Bitcoin. This creates a reflexive loop – Investors buy…

Read more on Benzinga

Bitrefill Discloses Cyberattack, Points To North Korea’s Lazarus Group

Crypto e-commerce platform Bitrefill said it was the target of a cyberattack earlier this month that resulted in stolen funds and limited exposure of customer data, with indicators pointing to the North Korean-linked Lazarus Group as a likely perpetrator.

The breach, which began on March 1, originated from a compromised employee laptop, according to the company’s incident report. 

Attackers were able to extract legacy credentials tied to production systems, allowing them to escalate access across Bitrefill’s infrastructure, including segments of its internal database and certain cryptocurrency hot wallets.

Bitrefill said the attackers drained an undisclosed amount of…

Read more on BitcoinMagazine

Bitcoin’s Strong Because It’s Proving Itself As A ‘Borderless Asset’

Bitcoin (CRYPTO: BTC) is beginning to stand out as a true “borderless asset” as geopolitical tensions rise, according to Professional Capital Management CEO Anthony Pompliano.

Bitcoin Diverges As Chaos Hedge

Pompliano highlighted in his weekly podcast update that Bitcoin and oil are the two assets currently showing strength.

While oil’s rally is driven by supply disruptions, Bitcoin’s move is more notable, rising roughly 10% since the first signs of escalation, even as traditional markets struggle.

He offered two interpretations for Bitcoin’s resilience:

Chaos hedge thesis: Bitcoin is behaving as expected, acting as a hedge during global instability

Retail-driven rally: Institutions may… Read more on Benzinga

Why Analysts Believe Tokenized Assets Could Become A Trillion-Dollar Market

The tokenization sector has seen remarkable growth over the past year, especially with banks, crypto firms, and fintech companies looking to launch products in this space. 

According to data compiled by Asset Tokenization, major financial institutions projected that this sector could reach at least a $2 trillion valuation by 2035. Consulting firm McKinsey forecasted that the tokenization market could reach $1.9 trillion by 2030 and $4 trillion by 2035.

On the higher end, Standard Chartered said the market value of tokenized assets could reach $30.1 trillion by 2034.

One could also say these bullish projections are helping to boost institutional interest in the growing sector. 

A Look at… Read more on Benzinga

Strategy (MSTR) Is About To Own More Bitcoin Than BlackRock

Strategy (MSTR) is closing in on BlackRock’s iShares Bitcoin Trust (IBIT), with the gap in Bitcoin holdings shrinking to a level that could be erased within the next couple of weeks.

Recent data shows IBIT holding roughly 781,000 BTC, while Strategy holds about 761,000 BTC. The difference, now around 40,000 BTC, has tightened as Strategy accelerates its accumulation pace, according to investor Mark Harvey.

The shift reflects diverging models. IBIT holdings rise and fall based on investor inflows and outflows into its spot ETF, while Strategy raises capital through equity and preferred share issuance to fund direct Bitcoin purchases. 

This allows Strategy to acquire Bitcoin…

Read more on BitcoinMagazine

Vietnam Begins To Restrict Overseas Crypto Trading

Vietnam is preparing to restrict access to overseas cryptocurrency platforms as regulators push forward with a plan to launch the country’s first licensed digital asset exchanges, according to a government document reviewed by Reuters.

The Ministry of Finance is drafting rules that would prohibit Vietnamese citizens from trading on foreign exchanges such as Binance, OKX, and Bybit. The move aligns with a five-year pilot program designed to bring crypto trading under domestic supervision while limiting capital outflows.

The policy shift comes as Vietnam ranks among the most active cryptocurrency markets globally. Data from Chainalysis shows Vietnamese users transacted more than $200…

Read more on BitcoinMagazine

Capital B Raises €3 Million To Expand Bitcoin Holdings

Capital B, also known as The Blockchain Group, announced a €3 million capital raise on Tuesday alongside amendments to existing convertible bonds, as the company moves to accelerate its Bitcoin treasury strategy.

The Paris-listed firm said the financing includes €2 million raised through share subscription warrants subscribed by TOBAM and €1 million from UTXO Management. The transaction is structured through the issuance of 27.39 million warrants, each priced at €0.11 and exercisable into ordinary shares.

According to the company, proceeds from the raise could support the acquisition of approximately 36 additional bitcoin, potentially bringing total holdings to 2,880 BTC. The…

Read more on BitcoinMagazine

Bitcoin ETFs Hit 6 Straight Days Of Inflows: Why Is BTC Going Up Again?

Bitcoin (CRYPTO: BTC) spot ETFs recorded $201.62 million in net inflows on March 16, marking six consecutive days of positive flows as BTC tested $76,022 before pulling back to $74,147 at a pivotal compression zone.

The ETF Flow Story

BlackRock’s IBIT (NASDAQ:IBIT) pulled in $139.40 million in a single day, nearly 70% of the entire market’s daily inflow, bringing net assets to $63.21 billion.

Fidelity’s FBTC (BATS:FBTC) added $64.53 million, making it a distant but solid second. 

The six-day streak reversed weeks of outflows as institutional buyers stepped in during the Fear & Greed Index’s extreme fear reading of 15.

The Ascending Triangle Setup

<img loading="lazy" decoding="async"…

Read more on Benzinga

XRP Jumps 9% In A Week: What Is Going On?

XRP (CRYPTO: XRP) is up 9% in a week as rising network activity and expanding partnerships fuel bullish momentum.

Cryptocurrency
Ticker
Price
Market Cap
7-Day Trend

XRP
(CRYPTO: XRP)
$1.50
$92.2 billion
+8.5%

Bitcoin
(CRYPTO: BTC)
$73,752.68
$1.47 trillion
+4.6%

Ethereum
(CRYPTO: ETH)
$2,317.11
$279.7 billion
+12.95%

Trader Notes: Crypto chart analyst Ali Martinez noted XRP is breaking out of a triangle pattern, a structure often associated with strong directional moves. If the breakout holds, technical projections suggest a potential move toward $1.85.

Statistics: Santiment shows XRP adoption continuing to accelerate.

Total holders surpassed 7.7 million for the first…

Read more on Benzinga

Strategy, BitMine Make Biggest 2026 Buys Before Fed Meeting—Is There More To It?

The Record Buys

Strategy’s purchase was its largest single-week Bitcoin buy of 2026, following the prior week’s acquisition of 17,994 BTC for $1.28 billion.

Strategy now holds 761,068 BTC worth approximately $55.8 billion but sits on an estimated $1.7 billion in unrealized losses.

The company is underwater by conventional metrics yet doubled down anyway, buying at an average of $70,194 per coin versus its November 2024 record purchase at $88,627.

Meanwhile, BitMine acquired 60,999 ETH for roughly $140 million, edging out the previous week’s haul of 60,976 ETH.

Total holdings now stand at 4,595,562 ETH at $2,185 per token, representing 3.81% of Ethereum’s 120.7 million token supply.

Benzinga