Rich Bitcoin traders lost $337M daily in first quarter of 2026

Bitcoin traders holding 100–10,000 BTC realized losses at an average of $337 million per day in Q1 2026, the worst quarter since 2022. Bitcoin dropped more than 20% after whales last realized losses at a comparable pace in 2022.

Coinbase receives conditional approval for US trust charter

Coinbase Daily Chart

The US Office of the Comptroller of the Currency has approved cryptocurrency exchange Coinbase’s application for a national bank trust charter after six months of consideration, in one of the most significant forays into bridging crypto and traditional finance.

Oil prices surge, as stocks tumble on Iran war worry

Oil prices surged and global equity markets retreated after remarks by U.S. President Donald Trump dashed hopes of a swift resolution to the Iran war. European shares trimmed losses and U.S. bond ‌prices clawed back gains on renewed hopes of a reopening of the Strait of Hormuz.

SpaceX has held talks with Saudi fund for possible $5 billion investment in IPO

Billionaire Elon Musk’s SpaceX has had discussions with Saudi Arabia’s Public Investment Fund about PIF potentially taking an anchor stake of around $5 billion in the space company’s IPO.