Latest / Bitcoin News Digest Podcast
Deep Dive 3/12/26
Executive Summary
Bitcoin maintains a floor near $70,000 as institutional buyers replace retail sellers. On-chain data shows new investors are trading at a loss, while BlackRock’s IBIT absorbed $115 million in new capital on Wednesday. This accumulation occurs despite a gap between political claims and tactical reality. While the U.S. executive branch declares a military conclusion to the Middle East conflict, underwater drones have forced a total shutdown of Iraq’s southern oil terminals. Professional allocators are ignoring the “victory” narrative to focus on a looming energy supply cliff…
The skinny
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