Survey Finds: Fed May Still Plan to Cut Interest Rates Later This Year

March 26 — A report from Decrypt reveals the Kingdom of Bhutan transferred 519.707 bitcoins (roughly $36.75 million) to an external address on Wednesday, continuing its bitcoin sell-off trend that began in 2026. On-chain data shows Bhutan’s royal government currently holds 4,453 bitcoins, worth roughly $315 million — a 66% drop from its peak of nearly 13,000 bitcoins at the end of 2024. Total outflows since the start of the year have topped $150 million. Bhutan’s sell-off pace is accelerating: January and February transfers ranged from $5 million to $15 million each, while March transfers have jumped to $35 million–$45 million apiece. Wednesday’s transfer destination aligns with typical exchange deposit patterns, though the exact recipient remains unconfirmed. Unlike most nations that accumulate bitcoin via purchases, Bhutan’s holdings stem from mining operations powered by its abundant hydroelectric resources. In December 2025, Bhutan committed to using up to 10,000 bitcoins

March 26 – Iran has officially submitted its response to the U.S.’s 15-point proposal through intermediaries, per Iran’s Tasnim News Agency. Sources note the reply was sent last night, and Tehran is now awaiting a U.S. response. Key demands in Iran’s response include: - An end to hostile terrorist acts; - Establishing objective conditions to prevent future wars; - Clear guarantees on war reparations and compensation; - A synchronized ceasefire across all regional frontlines and among all combatant resistance groups. Sources also stressed Iran’s sovereignty over the Strait of Hormuz is a natural, legal right—critical to ensuring the other party upholds its commitments—and that this right must be recognized. Iran has labeled U.S. negotiation statements a “third deception” scheme with three core goals: - Deceiving the international community with a fabricated peace gesture; - Driving down global oil prices; - Buying time for an aggressive U.S. ground invasion from s

March 26: DeFi lending protocol Moonwell is facing a governance attack, per The Block. An attacker spent roughly $1,800 to acquire ~40 million MFAM tokens. After completing the purchase, they submitted a proposal and voted within ~11 minutes—attempting to transfer admin privileges for 7 lending markets, the controller, and core oracle contracts to a contract under their control to siphon ~$1.08 million in user funds. Voting on the proposal runs through March 27. It hit the required threshold for affirmative votes early on, but a wave of dissenting votes has since surged. Final results will hinge on remaining votes and coordination, though. Moonwell can also veto the proposal and reclaim control via its emergency multisig, the "Break Glass Guardian."

March 26 — Iran has officially delivered its response to the U.S. 15-point proposal via an intermediary last night, per Iranian media. (Golden Finance)

On March 26th, Bitget market data indicates U.S. stocks opened lower: the Dow Jones Industrial Average fell 0.41%, the S&P 500 dropped 0.76%, and the Nasdaq Composite declined 1.13%. Crypto-related stocks saw broad declines, including: Sharplink Gaming (SBET) down 8.10%; Bit Digital (BTBT) down 4.09%; Bitmine (BMNR) down 4.19%; Circle (CRCL) down 3.29%; Coinbase (COIN) down 3.37%; Riot Platforms (RIOT) down 2.90%; Gemini (GEMI) down 2.94%; and MicroStrategy (MSTR) down 1.90%. MARA Holdings (MARA) bucked the downward trend, rising 7.65% after announcing it sold 15,133 bitcoins to repurchase $1 billion in convertible bonds.

On March 26, Li Hua, founder of Liquid Capital (formerly LD Capital), posted a note stating: “Short-term: The war won’t end anytime soon, and markets are waiting for more clarity on it. But there will definitely be a big dip-buying opportunity this year—stock up on as much ‘ammo’ as possible before then. Beyond crypto, I’ve been deep-diving into AI lately and am blown away by its efficiency—especially how to leverage AI for work. This isn’t just a minor efficiency upgrade; it’s a direct leap from the carriage age to the airplane age. I’m requiring all my portfolio companies to immediately learn to use AI and embrace it. Companies that don’t adopt AI going forward will be left behind. Thanks to AI, all companies and individuals are now essentially on the same starting line—another major wave is on the horizon. This year, I’m committing to spending half my time on AI collaboration work.”