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On March 1, 2026, crypto markets advanced after the US Supreme Court invalidated former President Donald Trump's broad tariff framework under the International Emergency Economic Powers Act. Bitcoin climbed to $67,769, with Ethereum, Solana and XRP also posting gains, while shares of Coinbase and Fold rose alongside improving risk sentiment in digital asset markets.

On February 28, 2026, Hyperliquid Strategies was reported to hold $356M in unrealized gains, according to Artemis, while many DATs show steep deficits. Bitmine has over $7.5 billion in unrealized losses, and Saylor's Strategy is also in the multi‑billion range. As of February 27, Bitdeer said it holds no BTC after selling 166 BTC to fund an AI pivot.

Defiance Capital CEO and CIO Arthur Cheong said institutional hedgers increasingly use crypto as their short vehicle during weekend risk-off episodes, intensifying pressure on prices. After a Saturday geopolitical shock, Bitcoin and Ether fell and roughly $128 billion exited the market, while Bitwise CIO Matt Hougan framed the disconnect as a broad exposure opportunity.

According to AMBCrypto, OpenAI's $110 billion fundraise lands amid intensifying AI competition and could concentrate liquidity in equities just as Bitcoin's 90‑day realized P/L ratio slipped below 1.0, per Glassnode. The Kobeissi Letter said retail bought about $360 million of NVDA after earnings, even though the stock was down 6.65% on the week, highlighting a conviction gap versus crypto.

On February 27, U.S. spot Bitcoin ETFs swung to $27.5M in net outflows after two strong sessions, while Ethereum products recorded -$43.0M. Smaller moves included a $1.3M inflow to Solana ETFs and a $2.21M pickup for XRP, with issuer-level flows led by IBIT (-$32.7M) and XRPZ (+$2.21M).

On Feb. 28, Metaplanet CEO Simon Gerovich said the era of Bitcoin treasuries is spreading after news that Daido Limited plans to add Bitcoin to its balance sheet. The 147-year-old listed company disclosed it may buy up to ¥1 billion in Bitcoin as a treasury hedge against inflation and potential depreciation of the Japanese yen.

On 28 February 2026, Barclays said it is engaging technology vendors to develop a blockchain platform for payments, deposits, and settlements. The bank targets a partner decision by April 2026 and has taken a stake in Ubyx, while the stablecoin market is close to $300 billion and a tokenized sterling pilot with HSBC and Lloyds is scheduled through mid-2026.

On February 28, 2026, Peter Thiel and Founders Fund entities disclosed via a US SEC filing that they had sold their entire position in Ethereum treasury firm ETHZilla, triggering a premarket share drop of nearly 7%. ETHZilla's stock was trading around $3.20 on Wednesday, down 97% from its $107 high in August 2025, as the company shifts from an Ethereum treasury focus toward tokenized real world assets.

On February 28, Morgan Stanley filed with the OCC for a de novo national trust bank charter, aiming to operate as a regulated crypto custodian and later offer trading and staking. If approved, the bank would join BNY Mellon and Fidelity in custody services while pursuing a self-custody wallet and multiple spot ETF plans.

In 2026, Bitcoin is down roughly 30% since the start of 2024, while gold has gained 153%, highlighting a sharp divergence in performance. An analyst links this gap to expanding global money supply, subdued speculative appetite for tech and SaaS stocks, and falling crypto exchange balances. At the same time, trading interest on crypto platforms has tilted toward gold futures and away from core BTC holdings.