ABTC News & Events

Tuesday's crypto-equity tape is driven by regulatory wins and institutional product launches, all unfolding as bitcoinholds gains near $69,000 following Monday's ceasefire-driven short squeeze that forced $273M–$325M in futures liquidations in a single session. Traditional finance is accelerating its digital asset ambitions across the board: a federal trust charter, a major brokerage's spot trading debut, and a futures exchange adding two new altcoin products all hit on the same morning. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.COINBASE WINS CONDITIONAL FEDERAL TRUST CHARTER AS SCHWAB AND SOFI PREPARE CRYPTO LAUNCHES:Coinbasereceived conditional approval from the Office of the Comptroller of the Currency to establish a national trust charter, a development H.C. Wainwright analyst Mike Colonnese described as a bullish structural catalyst that upgrades the exchange's institutional custody credibility from a state-level patchwork to a single federal framework. The conditional approval positions Coinbase as a federally regulated custodian, a designation that could open doors to pension funds, endowments, and sovereign wealth managers currently restricted to federally chartered counterparties. H.C. Wainwright reiterated its Buy rating and $350 price target on Coinbase in its weekly roundup.Charles Schwabin the first half of 2026 through a new dedicated "Schwab Crypto" account.The move brings one of the largest U.S. retail brokerages directly into spot crypto markets, representing a significant new distribution channel for bitcoin and ether liquidity that bypasses dedicated crypto exchanges. SoFi Technologies, an enterprise platform built to unify fiat deposits, payments, and digital assets under its nationally chartered bank structure, an integration play that positions the fintech as a single-rail solution for companies managing both traditional and digital treasury operations.CME GROUP EXPANDS REGULATED CRYPTO DERIVATIVES WITH AVALANCHE AND SUI FUTURES:CME Groupto launch cash-settled avalancheand suifutures on May 4, pending regulatory review, in both standard and micro contract sizes. The exchange noted its regulated crypto suite already covers more than 75% of total crypto market capitalization. CME separately confirmed that 24/7 crypto futures trading will begin May 29, a structural change that aligns crypto derivatives settlement hours with the underlying spot markets and removes the weekend gap risk that has historically created Monday-open price dislocations for equities with crypto treasury exposure.BLACKROCK ROUTES $82M IN BITCOIN TO COINBASE PRIME AS SHORT SQUEEZE CLEARS BEARS:According to on-chain data tracked by Arkham Intelligence and reported by Coinness, BlackRockdeposited 1,178 BTC, approximately $82.25M, into Coinbase Prime on April 6, consistent with routine custody and rebalancing operations for its bitcoin exchange-traded fund. The deposit is part of a documented pattern, BlackRock routed $121M on April 2, $206.5M on March 29, and $260M on March 4 through the same channel, providing a steady, recurring institutional revenue signal for Coinbase's prime brokerage segment. Monday's session also cleared a significant derivatives overhang:that $273.8M in total futures liquidations swept through markets across 81,819 traders, with shorts accounting for $196.7M of that total at a roughly 3:1 ratio versus longs, and the single largest liquidation being a $10.17M ether short on Binance. A dormant bitcoin wallet that had accumulated 513 BTC at an average of $97,542 between January and March 2025, adding incremental sell-side supply even as spot prices held near $69,000.DEFI TECHNOLOGIES POSTS RECORD RESULTS; PAYSAFE LAUNCHES CRYPTO GAMING PAYMENTS:DeFi Technologies, reporting record revenue of $99.1M, a 215% increase year-over-year, and record net income of $62.7M, reversing a $27.6M net loss in 2024. Total cash, treasury holdings, and venture portfolio stood at $178.7M. Paysafe(PSFE)launched "Pay with Crypto," a MoonPay-powered product that enables U.S. iGaming and daily fantasy sports players to deposit using stablecoins or major cryptocurrencies with instant conversion to U.S. dollars,. The integration opens a new recurring revenue stream for Paysafe in one of the fastest-growing segments of regulated online gaming, with crypto deposits offering a friction-free alternative for players blocked by traditional card networks at gambling merchants.TREASURY DISCLOSURES SHOW DIVERSE DIGITAL ASSET ACCUMULATION ACROSS SMALL-CAPS:Bit Digital, valued around $327M as of March 31, with roughly 89% of that supply actively staked and generating approximately 291.3 ETH per month in rewards at a 2.9% annualized yield. The company also holds approximately 27M WhiteFibershares valued at roughly $322M, making the combined crypto and equity portfolio one of the more diversified among listed digital asset companies. Hyperscale Datadisclosedthat its combined bitcoin treasury, valued near $44.1M, comprising 639.2 BTC, plus cash and restricted cash of $57.9M totals approximately $102M, representing 189.92% of its current market capitalization as of the week ended April 5, a deep discount to net asset value that equity value investors may find notable. Eightco Holdingsdisclosed a treasury of approximately 277M worldcointokens, 11,068 ether, an indirect $90M OpenAI stake, and $109M in cash and stablecoins, approximately $326M in total,.PRICE ACTION:As of time of writing, bitcoin was trading at$68,117.46, while ether was trading at$2,079.46,according to price data from TipRanks.

The close of the first quarter brought a wave of institutional expansion and corporate rebranding, as major infrastructure operators and global brokers moved to solidify their presence in the digital asset market. Stay up on the crypto news that matters with "Crypto Currents," daily from The Fly. Join us at 2 PM ET for your essential briefing on the fast-moving world of cryptocurrency on FlyCast radio.BITFARMS ACHIEVES RECORD SEVENTY TWO PERCENT REVENUE GROWTH AHEAD OF REBRAND:Digital asset infrastructure operators are reporting strong fiscal performance as they transition to new corporate identities. Bitfarms. The company is currently advancing its strategic plan to rebrand the entire organization as Keel Infrastructure, with the change effective April 1. This maturation of the infrastructure sector is being reflected in broader regulatory filings, with firms likeandalso finalizing their annual reports to close the quarter.AMERICAN BITCOIN CROSSES SEVEN THOUSAND COIN MILESTONE AS CORPORATE TREASURIES EXPAND:Corporate balance sheets continue to aggressively accumulate digital commodities despite broader market volatility. American Bitcoin, announcing it has surpassed the 7,000 bitcoinmilestone, nearly tripling its reserves since its Nasdaq debut. Other firms are also disclosing significant holdings; Ton Strategyit now holds 219.7M toncoinwith a fair value of $356.8M,out of Hyperscale Datamaintains a treasury of 633.86 coins that, combined with its cash position, significantly exceeds its current market cap.INTERACTIVE BROKERS AND GALAXY DIGITAL EXPAND GLOBAL ACCESS AS BLACKROCK SHIFTS HOLDINGS:Service providers are aggressively broadening their reach to meet global demand for digital assets. Interactive Brokers, offering access to 11 tokens including solana, XRP, dogecoin, and cardano. Domestically, Galaxy Digital, offering estimated rewards of 6.50%. This expansion occurs as institutional giants rebalance their underlying holdings; Lookonchain detected that BlackRockinto Coinbase Primefor custody rebalancing.PRICE ACTION:As of time of writing, bitcoin was trading at $67,130.17, while ether was trading at $2,071.93,.

Bitcoinis holding above $72,000 on Thursday morning after briefly topping $73,000 in the prior session, as a pair of blockbuster deals signal that traditional finance is accelerating its push into digital-asset infrastructure. Spot bitcoin ETF inflows hit $462M on Wednesday, the third consecutive day of net buying led by BlackRock'sIBIT at $307M, while etherfunds drew $169M,.NYSE PARENT ICE TAKES BOARD SEAT AT OKX IN $25B TOKENIZATION BET:Intercontinental Exchange, the parent of the New York Stock Exchange, has taken an equity stake in crypto exchange OKX at a $25B valuation and secured a board seat,. Under the deal, OKX will supply ICE with a live crypto price feed and plans to allow users to trade tokenized NYSE-listed stocks and derivatives in the second half of 2026, while ICE continues to develop its own blockchain-based trading infrastructure. For equity investors, the transaction links a systemically important exchange operator directly to a major offshore crypto venue and advances the tokenization-of-equities narrative that has driven ICE shares and peer exchange stocks higher in recent quarters.CORE SCIENTIFIC SECURES UP TO $1B FROM MORGAN STANLEY AS MINERS LOCK IN CAPITAL:Core Scientificannounced it has secured up to $1B in strategic financing from Morgan Stanley, with a $500M initial close. The financing comes as the bitcoin miner pivots its data-center capacity toward high-performance computing and AI hosting, a theme that has driven a combined $11B surge in U.S.-listed miner market caps in recent months. Separately, BitFuFureportedthat it mined 227 BTC in February and held 1,830 BTC with 26.4 EH/s of deployed hashrate, while LM Funding Americasaid it mined a record 8.7 BTC in February, up 11.5% from January, but sold 18.1 BTC and reduced total holdings to 354.7 BTC,.CLARITY ACT STALLS AS TRUMP ATTACKS BANKS OVER STABLECOIN YIELD BAN:The CLARITY Act stablecoin bill hit a fresh impasse after White House-led negotiations ended without agreement on whether platforms like Coinbaseshould be permitted to offer yield on stablecoins,. President Trump publicly criticized banks for undermining his crypto agenda, telling supporters that financial institutions are "threatening" the industry by pushing for a total prohibition on stablecoin rewards,. Despite the legislative stalemate, the broader regulatory tone continued to shift, with the SEC and CFTC each submitting formal crypto-market-structure guidance to the White House for review,.BITCOIN TREASURY STRATEGIES PROLIFERATE ACROSS SMALL-CAP EQUITIES:The corporate bitcoin treasury trend extended further down-market. YY Group Holdingsannounced a long-term bitcoin treasury strategy, allocating excess cash to BTC as a reserve asset, citing scarcity and inflation-hedge potential,. DDC Enterprisegrew its BTC stash to 2,183 coins amid record revenue guidance, while Hyperscale Data, anchored by a bitcoin treasury strategy, said its askROI subsidiary deployed Anthropic's Claude Opus 4.6 AI model,., American Bitcoin Corp., the Hut 8subsidiary with Trump-family ties, disclosed two insider Form 4s showing directors purchased 2.1M shares, while Aurelion Inc.reported Q1 results for the first Nasdaq-listed Tether Gold treasury with a $108M NAV,.ON-CHAIN FLOWS SHOW BLACKROCK ACCUMULATION AND SHORT-WHALE LIQUIDATIONS:showed BlackRock withdrew a net 4,716 BTC, valued around $345M, and 21,147 ETH, valued near $45M, from Coinbase within a 13-hour window ending early March 5, a pattern consistent with IBIT custody accumulation rather than selling. Separately,an OG bitcoin wallet depositing 500 BTC worth approximately $36.4M to Binance after 8 months of dormancy., a potential sell-side signal, while CryptoQuant's Exchange Whale Ratio surged to 0.85 in late February, the highest in over a decade, before pulling back as of March 5,.GOLDMAN SACHS FILES BITCOIN-LINKED STRUCTURED NOTES; BNY MELLON HIGHLIGHTS TOKENIZATION:Goldman Sachsfiled a 424B2 prospectus for autocallable contingent coupon notes linked to the iShares Bitcoin Trust ETF, with risk factors explicitly discussing bitcoin, cryptocurrencies, and digital assets,. Bank of New York Mellonused its definitive proxy statement to highlight the launch of a tokenized money market fund solution and a stablecoin reserves fund among its 2025 accomplishments,. Both filings underscore that Wall Street's largest institutions are deepening their crypto infrastructure buildout even as bitcoin trades more than 40% below its October 2025 all-time high.PRICE ACTION:As of time of writing, bitcoin was trading at $70,997.06, while ether was trading at $2,063.71,.