Bitfarms has completed buying Stronghold Digital Mining (SDIG). This makes Bitfarms the biggest Bitcoin miner in the PJM market and gives it a much bigger presence in the US, ” the world crypto capital.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The crypto market has had a bearish start to the week, with most cryptocurrencies trading in the red. However, some have managed substantial gains, including Toncoin (TON), Polkadot (DOT), Hedera (HBAR), and Litecoin (LTC).

President Donald Trump's tax reduction plans, paired with his aggressive tariff policies, have significantly disrupted the cryptocurrency market, prompting heightened volatility and an ETF-driven sell-off in Bitcoin (CRYPTO: BTC) over the past weeks.

Bitcoin could be bound to making a new ATH by June as historical data suggests.

Bitcoin (BTC) has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.CoinShares' weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week.

Bitcoin's hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to 819.65 EH/s, even as earnings took a notable hit in March. Earnings Drop, Hashrate Rises The network's computational strength has strengthened, currently sitting over 67 EH/s above its Feb. 25 low.

The HLP whale continues to outmaneuver rivals with unexpected trades—masterful strategy or a ticking time bomb?

Bitcoin (BTC) dominance, a measure of Bitcoin's overall share of the crypto market, has been steadily rising since 2023 amid a torrent of new cryptocurrency coins and tokens.The current BTC market dominance is roughly 61.6%, down from the local peak of 64.3% recorded on Feb. 3. BTC market dominance broke back above 60% on Feb. 2 amid a general market downturn over fears of a prolonged trade war between the United States and its trading partners.

A Bitcoin whale opened a $450M short position on Hyperliquid with 40x leverage. The whale deposited $5M in USDC to strengthen its position and avoid liquidation.

Gold exchange-traded funds have overtaken bitcoin ETFs in assets under management as investors shift away from riskier crypto assets. Crypto asset manager 21Shares is set to liquidate two actively managed ETFs tied to bitcoin and ether futures amid a wider market downturn.

South Korea's central bank rejects establishing a bitcoin strategic reserve, Telegram's CEO returns to Dubai and is free to travel, and failed hedge fund 3AC's claim against FTX jumps from $120M to $1.5B. CoinDesk's Christine Lee hosts "CoinDesk Daily.

Michael Saylor's newly rebranded software company turned bitcoin treasury firm Strategy, announced a 130 BTC purchase on Monday as the dominant cryptocurrency hovered just above $83,000, staying mostly flat since last week.

North Korean Lazarus group holds more Bitcoins than El Salvador and Bhutan. Lazarus group converted all the stolen Ethereum in Bybit hack into Bitcoins.

Bitcoin Magazine Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History From just $5 in 2012 to over $83,000 in 2025, Bitcoin's price history on Saint Patrick's Day showcases its explosive growth. This post Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History first appeared on Bitcoin Magazine and is written by Nik.

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

TL;DR A whale opened a $400 million short position in Bitcoin with 40x leverage, triggering significant market volatility. Their entry price was $84,000, and if BTC surpasses $86,000, the position will be liquidated.

Bitcoin miners have offloaded over $27M in profits as BTC trades near key resistance. Will this selling cap Bitcoin's upside?

Bitcoin's (BTC) 90-day open interest, i.e., the aggregated USD-denominated value of all futures and contracts unsettled so far, losing its volume.

Bitcoin (BTC) critics have heaped different allegations on the coin and its technology over the years. Despite the coin's backlash, it remains the unchallenged top cryptocurrency.

U.S.-listed Bitcoin (CRYPTO: BTC) exchange-traded funds are grappling with their most prolonged stretch of net outflows since their debut in January last year, as investors react to market volatility spurred by President Donald Trump's tariff-driven trade policies. What Happened: Over the past five weeks, the group of 12 Bitcoin ETFs has collectively shed more than $5.5 billion, according to data compiled by Bloomberg.

A report shared by CoinShares reveals that last week, the largest top market cap cryptocurrencies faced massive withdrawals initiated by investors in light of the uncertainty that has been dominating the market recently.

South Korea's central bank has expressed skepticism about adding Bitcoin to its foreign exchange reserves, citing concerns over extreme price volatility and liquidity risks.

For the first time in more than four years, Bitcoiners are moving forward with changes to the project's underlying software, Blockspace writes.

Eyes are currently on a mysterious Bitcoin whale holding a massive $400 million short position, with market observers curious to see where it all ends.

A whale on Hyperliquid still holds a short BTC position for $449M, despite the efforts of other traders to boost BTC to the whale's liquidation price.

Strategy (NASDAQ:MSTR) has added 130 more Bitcoin (CRYPTO: BTC) to its already massive digital asset reserves, bringing its total BTC holdings to 499,226. What Happened: According to an SEC filing, the purchase, completed between March 10 and Marc 16, cost the company approximately $10.7 million, at an average price of just under $83,000 per Bitcoin.

TL;DR Michael Saylor suggested that major tech companies might integrate Bitcoin into mobile devices, although there is no official confirmation. Bitcoin adoption on smartphones would enhance accessibility and could transform financial and regulatory markets. If this integration materializes, millions of users could manage BTC without relying on external applications.

Goldman Sachs, co-head of global commodities research Daan Struyven, says financial institutions and federal banks are taking up more special metals positions than Bitcoin. Speaking on CNBC's Squawk Box Monday, Struyven explained that US-based commodity prices are up due to “tariff expectations.

As the United States prepares to launch its Strategic Bitcoin Reserve, North Korea has quietly vaulted into the top holders of Bitcoin globally.

North Korea became the world's fifth-largest sovereign Bitcoin holder after Lazarus stole over $1.4 billion from Bybit.

November 11, 2024: Strategy initiated its aggressive buying spree with 27,200 BTC ($2B).

Strategy's holdings now total nearly half a million Bitcoin, maintaining its position as the world's largest corporate Bitcoin holder.

Bulls are losing their positions at the beginning of the week, according to CoinMarketCap.

Bitcoin's last dip below $80,000 has fueled concerns of a deeper decline, with some analysts predicting a significant drop if market conditions worsen.

Strategy, the company formerly known as MicroStrategy, has continued its aggressive Bitcoin accumulation with another purchase.

One suspect, a 16-year-old, remains unidentified. Two teenagers remain in custody, while a third has posted a bond of $100,000.

U.S.-listed miners maintained their share of the network hashrate at around 30%, the report said.

This move has garnered attention as it seeks to cement the reserve into law. It aims to prevent any future changes that could undermine its value or stability.

It's an oft-debated topic, as Bitcoin skates with its all-time highs despite recent falls, and gold is at its all-time high denominated in US dollars.

As gold surges past $3,000, Bitcoin struggles to keep pace, raising questions about its role as a recession hedge.

Despite the current market uncertainty, prominent crypto trader Michaël van de Poppe remains highly optimistic about Bitcoin (CRYPTO: BTC) and altcoins. What Happened: Van de Poppe argued on X on Monday that while sentiment feels low, market bottoms present the best buying opportunities, adding that this bull cycle is more complex than previous ones.

Schiff insists Bitcoin's downfall is inevitable, warning the bubble will burst sooner or later.

The Bank of Korea has reaffirmed its cautious stance on including Bitcoin in its foreign exchange reserves, citing concerns over volatility and liquidity.

Kraken Exchange Prepares for IPO in the First Quarter of 2026

Michael Saylor's Strategy, known for its large Bitcoin BTC holdings, has made its smallest purchase to date.

In a recent development, North Korea has flipped Bhutan and El Salvador in crypto holdings, becoming the fourth largest Bitcoin holder. Reflecting on the development, Binance founder Changpeng Zhao (CZ) sparked speculations about North Korea's Bitcoin reserve plans.

The crypto market continues to face a sustained period of capital flight. According to the latest CoinShares report, digital asset investment products experienced a fifth week of outflows.