Market Performance & Historical Milestones
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20 Millionth Bitcoin Mined: On March 9, 2026, the Bitcoin network reached a monumental milestone as the 20,000,000th coin was mined (Block 939,999), leaving only 1 million BTC to be issued over the next 114 years.
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Price Volatility & Growth: Bitcoin climbed above $71,000, reaching a high of $73,000 mid-week before facing resistance.
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Store of Value Narrative: Bitwise CIO Matt Hougan projected Bitcoin could hit $1 million if it captures just 17% of the expanding $121 trillion “store of value” market over the next decade.
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Bearish Caution: BitMEX co-founder Arthur Hayes advised a “wait-and-see” approach, suggesting prices could dip below $60,000 if the Federal Reserve delays monetary easing.
Institutional & Corporate Moves
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MicroStrategy (Strategy) Accumulation: Acquired another 17,994 BTC ($1.28B), bringing its total corporate holdings to 738,731 BTC.
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BlackRock Asset Inflow: Deposited over $190 million in BTC and ETH into Coinbase on March 12, signaling continued demand for its spot ETFs and the upcoming ETHB (Staked Ethereum ETF).
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Sovereign Transfers: The Kingdom of Bhutan moved 175 BTC ($11.85M) to exchanges, and the U.S. Government moved a nominal amount of BTC (0.3348) from seized funds.
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Banking & Traditional Finance: Wells Fargo filed a trademark for “WFUSD” (tokenized assets), and Mastercard officially welcomed TRON into its Crypto Partner Program.
Funding & Venture Capital
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Kast Series A: The stablecoin payments firm Kast raised $80 million to scale global crypto-to-fiat transactions.
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Cryptio Series B: Secured $45 million to enhance institutional accounting and compliance tools.
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Metacomp Funding: Raised $35 million in a Pre-A round backed by Alibaba and Spark Venture.
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Strategic Investments: Pharos raised funds at a $1 billion valuation, while Ark Labs secured $5.2 million to develop programmable finance on Bitcoin.
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Nigel Farage & Stack BTC: The Bitcoin-focused firm secured €260,000 in strategic funding from Nigel Farage and Blockchain.com.
Regulatory & Legal Developments
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Binance vs. DOJ: The U.S. Justice Department expanded its probe into Binance over $1 billion in alleged Iranian transactions, while Binance filed a defamation lawsuit against the Wall Street Journal.
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Hong Kong Stablecoins: HSBC and Standard Chartered moved closer to receiving official stablecoin licenses in Hong Kong.
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South Korea Suspension: Exchange Bithumb received notice of a potential six-month partial suspension due to AML violations.
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SBF Retrial Denied: U.S. prosecutors urged a judge to reject Sam Bankman-Fried’s request for a new trial.
Security, Hacks & Scams
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Aave Liquidation: A single DeFi trader suffered a catastrophic $50 million loss due to a massive liquidation on the Aave platform.
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Address Poisoning Attacks: Etherscan and security firms warned of a surge in “poisoning” scams targeting Ethereum users.
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Bonk.fun Compromise: The Solana-based launchpad was hacked via a team account compromise, leading to drained user wallets.
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Physical Crimes: A French couple was robbed of €900,000 in Bitcoin by fake police during a home invasion, emphasizing the need for physical OpSec.
