Strategy Sells All “Stretch” Preferred Shares to Fund $1B Bitcoin Blitz

Michael Saylor’s Strategy sold all of its “Stretch” perpetual preferred shares to finance its most recent $1 billion weekly Bitcoin purchase, marking the first time since it introduced its high-yield securities in July.

Bitcoin is climbing today after days of bearish movement.
Bitcoin is climbing today after days of bearish movement.

 

The largest corporate Bitcoin holder stated in a filing with the US Securities and Exchange Commission on Monday that the tokens were purchased during the week that ended on April 12.

Saylor, who initiated the Bitcoin treasury strategy in 2020, launched a variable-rate preferred issue in a $2.5 billion offering last year to diversify the company’s funding sources. Over the past few years, Strategy has raised tens of billions of dollars by selling common shares to purchase the virtual currency.

Common shareholders became more concerned about dilution during the recent decline in the value of cryptocurrency assets, which led to the pivot. The company was able to raise money from equity sales without much dilution by taking advantage of the difference between its share prices and Bitcoin.

Since Bitcoin reached a record high in October, it has sharply declined, and that premium has vanished. Preferred shares have large dividend payments (11.5 percent for STRC securities), which raise the company’s debt load even though they are not dilutive like common shares.

Strategy raised $2.25 billion as a cash reserve during Bitcoin’s severe decline last year to reduce the risk of a liquidity crunch. Strategy has been one of the few major purchasers. During the downturn, many high-net-worth individuals and corporate holders reduced their stashes. Strategy is the biggest corporate owner of Bitcoin, with roughly $55 billion in holdings.

Forex Signals April 14: BMNR, JPMorgan, JNJ, Wells Fargo, BlackRock Earnings Preview

Well-known firms that influence markets, such as JPMorgan Chase & Co., Johnson & Johnson, Wells Fargo, Bitmine Immersion, and BlackRock, Inc., dominate Tuesday’s results schedule. Continue reading “Forex Signals April 14: BMNR, JPMorgan, JNJ, Wells Fargo, BlackRock Earnings Preview”

Forex Signals April 13: JPMorgan, JNJ, Wells Fargo, BlackRock, BMNR Earnings Preview

Big names that set the tone for markets, such as JPMorgan Chase & Co., Johnson & Johnson, Wells Fargo, Bitmine Immersion, and BlackRock, Inc., dominate Tuesday’s earnings agenda.
Continue reading “Forex Signals April 13: JPMorgan, JNJ, Wells Fargo, BlackRock, BMNR Earnings Preview”

Bessent, Powell Convene Top Bankers Over Anthropic Breakthrough

Wall Street executives were called to an urgent meeting by Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell due to concerns that Anthropic PBC’s latest artificial intelligence model could usher in a period of heightened cyber risk.

Bessent and Powell gathered the group at Treasury’s Washington headquarters on Tuesday to ensure banks are aware of potential future risks posed by Anthropic’s Mythos and similar models, and are taking precautions to defend their systems.

A meeting of the Financial Services Forum, an advocacy group composed of the largest lenders, had already brought many of the executives to the city.

Another indication that regulators view the potential for a new type of cyberattack as one of the greatest threats to the financial sector is the previously unreported meeting, which was called at short notice. Top regulators have designated all of the banks called to the meeting as systemically important, indicating that the global financial system prioritizes their stability

Powell’s attendance at the meeting indicated that the issue was one of systemic risk rather than the Trump administration’s prior conflicts with Anthropic. The Fed has extensive knowledge of banking operations thanks to its network of examiners. In response to a question regarding the Fed on Fox News on Friday, National Economic Council Director Kevin Hassett stated, “We’re taking every step we can to make sure that everybody is safe from these potential risks, including Anthropic agreeing to hold back the public release of the model until our officials have figured everything out.”

Anthropic’s Mythos is a more potent system that, when instructed by a user, can find and exploit vulnerabilities in all major operating systems and web browsers. Anthropic’s own caution is echoed by regulators’ concern about the model’s potential in the hands of hackers. Anthropic only released it to a small number of significant technology and financial companies.

Bhutan Sells 70% of Its Bitcoin Reserves as Mining Slows to a Halt

Bhutan has sold over 70% of its Bitcoin (BTC) reserves in the last 18 months, casting doubt on the future of its once-heralded pioneering sovereign mining experiment.

Bitcoin lost Monday's upward momentum on Tuesday and is now close to $71K.

According to Arkham Intelligence’s on-chain analysis, the Himalayan kingdom’s public investment arm carried out a methodical, slow liquidation

According to Wu Blockchain, in just 2026, $215.7 million in Bitcoin was moved from the kingdom’s wallets. Additionally, according to the most recent data from Arkham, Bhutan transferred an extra 250 BTC about eighteen hours ago.

The wallet now holds almost 3,774 BTC after this transfer, a significant decrease from 13,000 BTC in October 2024.

Bhutan’s sovereign wealth fund, Druk Holding and Investments (DHI), in 2019, started mining Bitcoin using the nation’s excess hydroelectric power. The tiny, landlocked Himalayan kingdom is now among the biggest sovereign Bitcoin holders in the world thanks to this initiative.

Genius Group paid off an $8.5 million debt by liquidating its entire 84.15 BTC cash balance. In contrast, Nakamoto Holdings lost money compared to its average purchase price when it sold about 284 BTC for almost $20 million in March. MicroStrategy’s strategy, which acquired 44,377 BTC in March alone and currently holds more than 766,970 BTC, stands in stark contrast to this surge in sales.

XRP Payments Plunge 77% as Rally Shows Signs of Exhaustion

The cryptocurrency market is exhibiting erratic price movement, and XRP has abruptly turned negative, causing its on-chain activity to decline. Investors are concerned because XRP’s payment volume on the XRP Ledger has significantly decreased, despite the fact that momentum seems to be weak.

The volume of XRP payments falls to 86 million. The XRP on-chain payment volume has drastically decreased by roughly 77%, according to data from XRPSCAN.  The decline represents the lowest XRP payment volume in the past seven days as XRP continues to trade below $1.35, indicating waning momentum.

Market observers have taken notice of the decline in XRP payment volume due to its weak price move, since network flaws like this could be indicating a bearish price signal.

XRP was trading in positive territory earlier today, with a respectable 1% price increase. It seems to have halted its attempt at recovery, though, as it almost reversed course with a flat price move.

Bitcoin Hits $72.7K on Trump’s Iran Ceasefire Announcement, Marking 3-Week High

Bitcoin reached $72.7K, its highest level since March 18..The action came after US President Trump announced a two-week cease-fire with Iran, contingent on the Strait of Hormuz being reopened. Latest price action showed gains are probably only temporary, though, as it hasn’t yet broken out of a two-month-long rangebound channel.

Iran accepted the proposal, and Mojtaba Khamenei, the nation’s new Supreme Leader, approved it. While oil prices have plummeted, with WTI and Brent crude falling about 15% to $96 per barrel, Asian stock markets, cryptocurrency, and precious metals have all surged, somewhat reducing inflationary pressures.

The high-stakes 48-hour deadline that US President Donald Trump imposed on Iran turned into a two-week ceasefire with the immediate reopening of the Strait of Hormuz under military control, giving the larger cryptocurrency market an overnight boost. On Friday, more talks to complete the peace agreement will start in Islamabad, Pakistan. As previously reported by FXStreet, an Iranian official claims that the 10-point plan includes reopening the Strait of Hormuz under Iranian military supervision.

However, talks with the US do not signify the end of the war, and the final details of the plan will determine its outcome. The market’s bearish wipeout is reflected in the $596 million total market liquidations over the past 24 hours, which were led by $430 million in short liquidations, according to CoinGlass.

Cryptocurrency prices may rise if inflation declines sufficiently and the Fed chooses to reduce interest rates. Crypto markets may rise even if the Fed doesn’t lower interest rates and employment and growth continue to show signs of a robust economy. According to Santiment’s social sentiment data, “the crowd is optimistic that this news is the catalyst for this conflict reaching its conclusion.

Ripple: XRP Bounces Like a Ball as Inflows Keep Pouring In

XRP  experienced notable price movement recently, currently trading around $1.35–$1.39 with a 24-hour gain of roughly 3–5 percent and trading volume exceeding $2.7–3.8 billion in the past day.

 

XRP-focused digital asset investment products posted high weekly movement among digital assets with $120 million in inflows. This is the highest amount since December 2025, when it reached a year-to-date total of $159 million, or 7% of all assets under management.

The altcoin reached highs above $1.50 in mid-March 2026 (up almost 8% in a single day ) before declining. In recent weeks, it has been consolidating in the $1.30–$1.45 range; some analysts have noted that if it decisively clears $1.45, it could be a breakout setup.

Although performance has been inconsistent thus far in 2026 (down about 20–25 percent at times due to broader macro pressures),  still far below its all-time high from 2025, which was around $3.60–$3.65. Correlation with the broader cryptocurrency market:

XRP frequently moves in tandem with Bitcoin and the market as a whole. BTC’s use as a “hedge” during periods of global uncertainty has coincided with spikes (geopolitical tensions or energy prices). Inflows into XRP-related investment products, such as early-launch ETFs, are indicators of institutional and adoption.

 

Gold Climbs After Trump Agrees to a Two-Week Ceasefire in Iran

Gold prices increased after US President Donald Trump and Iran agreed to a two-week ceasefire to complete negotiations on ending the conflict that has rocked international markets.

 

Bullion added to a gain of 1.2 percent in the previous session, rising as much as 3.2 percent to above $4,850 per ounce. Less than two hours before a self-imposed deadline to destroy Iran’s “whole civilization,” Trump announced on social media that he had consented to halt bombing, citing the reopening of the Strait of Hormuz as a crucial prerequisite.

Iran claimed that safe travel across the strait was “possible.” Gold valued in US dollars was supported when oil fell below $100 per barrel, and the dollar also declined.

The MSCI’s Asia-Pacific index reached a three-week high as stocks surged. Bullion’s traditional haven appeal has been diminished by some investors’ need to cover losses elsewhere in their portfolios, and it has traded mostly in tandem with stocks since the start of the Middle East conflict.

Energy prices have surged, and inflationary risks have increased as the conflict enters its sixth week, increasing the likelihood that central banks will postpone or even raise interest rate reductions.

Bond traders anticipate the Federal Reserve will maintain stable borrowing costs for the remainder of the year, which would be detrimental to non-yielding gold. Since the start of the conflict at the end of February, the price of gold has dropped by roughly 9%. Hopes for a ceasefire and expectations that a slowdown in global economic growth will act as a counter to bets on stable or higher borrowing costs have fueled a modest recovery in recent days.

Three Fed officials voiced concerns about inflation and slowing growth on Tuesday before the ceasefire. Vice Chair Philip Jefferson stated that interest rates are generally in a range that neither stimulates nor inhibits the economy, while Fed Bank of New York Governor John Williams stated that his predictions regarding underlying price pressures in the US remained mostly unchanged.

Sunshine on Ripple, Shadows on Price: Why XRP is Losing Its Shape

XRP is in danger of recording seven consecutive monthly losing candles for the first time since the 2013–2014 cycle.

XRP has been one of the biggest losers in the multi-month decline in the overall cryptocurrency market, down 63.6% from its peak in July 2025. Unless April reverses the trend, XRP is now expected to experience a seventh consecutive monthly loss due to the selling pressure

The current market turbulence began in October 2025 following the 10/10 market crash, with record liquidations. While Bitcoin (BTC) and the entire cryptocurrency market were negatively impacted, XRP experienced some of the biggest losses. Since October 2025,

XRP has continuously seen lower highs and lower lows, continuing this trend to this day. In March 2026, Bitcoin and a few other tokens recorded their first monthly gain of the year, ending the market’s five-month losing streak.

One of the unfortunate tokens that continued the negative trend was XRP, which saw drops in March and posted six straight monthly losses. It’s interesting to note that even the 2022 implosions of Terra and FTX caused three consecutive monthly losses each, meaning  XRP had not experienced such a long losing streak in more than ten years.

Although XRP had a positive start to April, the positive momentum soon subsided on the first day of the month.

According to recent data from Santiment, the average XRP wallet that has been active over the previous year has seen a roughly 41% decrease in its holdings

The MVRV (Market Value to Realized Value) ratio is now at its lowest point since the FTX collapse.

According to the MVRV metric, which indicates whether traders are making money or losing money, XRP investors are currently in extremely bad shape. Santiment’s analysis indicates that this represents real realized losses among market participants rather than just a price decline.

Such extremely negative returns have historically indicated what traders refer to as a “blood in the streets” phase, when selling pressure starts to wane. Because many weaker hands have already sold their positions, Glassnode observed that this environment tends to lower downside risk in zero-sum markets like cryptocurrency.