Bitcoin is holding above $80,000 while traders brace for US CPI, PPI, retail sales, and a Senate Banking Committee discussion on the CLARITY bill. The $84,000 level remains the key upside hurdle.
Bhutan sold 284.8 BTC worth $22.4 million in two transfers to QCP Capital. The move comes as post-halving mining costs rise, while the country continues funding operations and its Gelephu Mindfulness City project.
Robinhood joins Talos' expanded Series B round, valuing the institutional crypto trading infrastructure provider at $1.5 billion. Talos serves 35+ countries, with 60-70% new clients from traditional finance. Robinhood also builds its own Arbitrum-based blockchain.
Bitcoin briefly touched $70,000 while facing stubborn resistance. A $458 million net inflow into Bitcoin ETFs on the first trading day of March revived focus on institutional demand, as Ethereum, XRP, and Solana ETF flows showed mixed momentum and options activity pointed to bets on a rebound.
Bhutan transferred 100 BTC to a QCP-linked WBTC merchant address and moved $1.5 million in USDT to Binance, pointing to active liquidity management as Bitcoin remains under pressure.
US spot Bitcoin ETFs posted $458 million in net inflows on Tuesday even as tensions in the Middle East escalated. QCP Capital said $300 million in long liquidations remained manageable, while options volatility eased after a brief spike.
Bhutan moved 519.707 BTC worth $36.75M to an external address on Wednesday, pushing total 2026 outflows past $152M. Holdings have dropped 66% from a peak of 13,000 BTC.
Bhutan's government transferred over 184 BTC ($14M) to QCP Capital and Binance hot wallet, its first major wallet activity in three months amid a crypto market rout.
