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Nigel Farage's investment in Stack BTC signifies a pivotal move for Bitcoin adoption in the UK. Discover the implications for businesses and regulations.

 

TL;DR: Bitcoin recorded sharp volatility in the last 24 hours, oscillating between $65,500 and $68,800 amid the conflict in the Middle East. Oil prices surpassed $120 per barrel following Israeli strikes on Iranian oil facilities, triggering panic across traditional markets.

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Bitcoin price has slipped below $70,000 as oil prices surge more than 60% this year amid rising tensions around the Strait of Hormuz, adding macro pressure to risk assets. Bitcoin (BTC) was trading at $69,984 at press time, down 3.

 

Bitcoin is still stuck in a broader bearish structure, but the latest bounce shows buyers are trying to keep the recent recovery alive above the key $60k area. Even so, the bigger trend remains fragile, with BTC still trading below major resistance levels on the higher timeframes.

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The price of Ethereum is up 4% over the last day, rebounding after a weekend slump under $2,000 as BitMine reveals its latest ETH buy.

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The company now holds more than 4.5 million ETH, worth over $9 billion, though it is sitting on a loss of nearly $8 billion.

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A Nvidia-backed startup plans to begin mining Bitcoin in space later this year, arguing orbital data centers could reshape the economics of crypto mining.

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Although selling pressures across the crypto market appear to be easing, XRP has continued to show mixed price action as the price fails to stabilize above major resistance levels.

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TL;DR Nigel Farage invested £215,000 in Stack BTC through Thorn In The Side Ltd, buying 4.3 million shares at 5p each for roughly 6.31%. Stack BTC raised £260,000 in the round, with Blockchain.com participating, and the new shares are due to begin trading on Aquis on March 12.

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Why Bitcoin, Ethereum, and XRP Are Holding Steady

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Nigel Farage has taken a direct position in the growing corporate Bitcoin treasury sector after investing £215,000 in Stack BTC, a London-listed company focused on accumulating the digital asset. The Reform UK leader now holds a 6.31% stake through his media vehicle Thorn In The Side, according to a release issued Monday. The move links Farage with a company chaired by former UK chancellor Kwasi Kwarteng and adds a political dimension to the firm's Bitcoin strategy. Stack BTC trades on London's Aquis exchange and has begun building a treasury based on the cryptocurrency. Farage's investment also reflects his increasingly visible support for digital assets as the UK debates how to position itself within the global crypto industry.

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BitMEX co-founder Arthur Hayes says Bitcoin (CRYPTO: BTC) 50% drawdown reflects growing fears of an AI-driven credit shock rather than weakness in the crypto market itself. Bitcoin's AI-Triggered Credit Destruction Hayes argued in an interview with Cointelegraph that the decline reflects a broader macro risk tied to artificial intelligence and global geopolitics.

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Strategy acquired 17,994 BTC, with around 30% of funding raised from preferred STRC shares.

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Bitmine Immersion Technologies has increased its ether treasury to 4.535 million ETH — about 3.76% of total supply.

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Strategy spent a whopping $1.28 billion to buy 17,994 more bitcoin last week, raising its total holdings to 738,731 BTC worth about $50 billion at current prices.

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Bitmine Immersion Technologies disclosed on March 8, 2026, that its crypto, cash, and “moonshot” holdings reached $10.3 billion. The company said it holds over 4.5 million ETH, with just over 3 million of these coins staked as it looks to generate staking revenue.

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Strategy disclosed a major Bitcoin purchase in a March 9 filing, adding 17,994 BTC to its balance sheet last week. The company's latest filing revealed that the Bitcoin (BTC) was acquired between March 2 and March 8 for about $1.

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Cardano tests key support as the Foundation approves a 300M ADA plan and open interest rises amid Archax integration news.

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Solana (SOL) broke above the 21-day SMA but was halted at $90.

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Strategy Inc (MSTR) experienced a significant decline, finishing at $133.53 with a 4.49% drop, though shares recovered slightly to $133.85 in pre-market trading. The enterprise acquired 17,994 bitcoin valued at approximately $1.28 billion during the March 2-8 timeframe.

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The final 1 million BTC will take over a century to mine, with the last fractions, measured in satoshis, expected to be issued around 2140.

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Ethereum hits key resistance even as whale accumulation surges, with charts suggesting a short-term bounce before a possible move toward lower support.

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Strategy buys 17,994 Bitcoin for $1.28B, pushing total holdings to 738,731 BTC as MSTR stock trades higher in premarket.

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Ethereum is turning into a stablecoin hub, as fees fell to historical lows. USDC is gaining traction as the key asset on the main net and L2 chains, with 250% expansion in transfer volumes for February 2026.

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Solana ETF Outpaces Bitcoin in Key Investor Metrics