Tesla held 11,509 Bitcoin in Q1 2026, maintaining its position despite a sharp price decline from nearly $90,000 to $68,000. The company reported a $173 million after-tax impairment loss due to the drop in bitcoin’s value, reflecting market volatility. Tesla’s continued holdings indicate confidence in its long-term crypto strategy amid fluctuating prices.
Charles Schwab has launched Bitcoin and Ethereum trading with a 0.7% fee per trade. The move, announced in April 2026, aims to boost demand for cryptocurrencies and influence market dynamics and advisor strategies. This marks Schwab’s entry into direct crypto trading, potentially impacting the broader digital asset landscape despite ongoing debates about long-term value.
Bitcoin's derivatives market shows signs of a bullish rebuild, with the Bitcoin Positioning Index reaching a four-month high of 4.5 and futures open interest increasing by 14.5% over 30 days. These signals suggest traders are adding fresh exposure rather than covering shorts, indicating a potential structural recovery in the market since February, when Bitcoin fell below $63,000.
CoreWeave, an AI-focused firm, signed an agreement with Anthropic, causing shares to rise 12%. The company, formerly a Bitcoin miner, is shifting towards AI. Currently, 20% of Bitcoin miners are unprofitable. Bitcoin trades at $78,311, up 2.77%, with an RSI of 65.62, supporting a price range of $75,759 to $77,668.
Iran is considering accepting Bitcoin payments for tanker fees in the Strait of Hormuz, according to discussions sparked by a Financial Times report. The move aims to leverage Bitcoin’s censorship resistance amid ongoing geopolitical tensions. No official decision has been announced, but the proposal reflects growing interest in using cryptocurrencies for international trade in the region.
BlackRock has made a $900 million Bitcoin purchase, surpassing its previous strategy, signaling increased institutional confidence in the cryptocurrency. The move, announced in April 2026, is expected to influence market stability and future price trends, highlighting BlackRock’s growing role in mainstream crypto adoption. This substantial investment underscores the increasing interest of large institutions in Bitcoin.
Ethereum’s supply dynamics are shifting as Bitmine stakes 61,232 ETH ($142M), locking 68.24% of its holdings, signaling confidence in Ethereum’s long-term value. This massive staking reduces liquid supply, supporting ETH’s consolidation below $2,400. The move indicates a strategic, long-term view, with the company actively locking assets rather than selling, impacting Ethereum’s supply and market sentiment.
