Europe&#8217;s inflation drop boosts risk assets, offering potential growth for 
crypto markets amid cautious investor sentiment and regulatory shifts.
The post Europe&#8217;s inflation victory lap gives risk assets a tailwind appeared 
first on Crypto Briefing.

Europe’s inflation victory lap gives risk assets a tailwind

With bitcoin trading between $65,962 and $73,669 this week, market data shows 
South Korea posted its deepest discount to global prices since December 2024. 
Rare Bitcoin Discount Hits South Korea — Only Three Such Events Since 2022 
Bitcoin is trading at a discount in South Korea, as metrics collected at 7 
p.m. EST Tuesday show […]

Bitcoin Diverges From Global Prices in South Korea — Third Major Discount Since FTX

Market uncertainty highlights the delicate balance between inflation data and 
investor sentiment, potentially triggering significant asset shifts.
The post Markets tread water as investors brace for inflation data appeared 
first on Crypto Briefing.

Markets tread water as investors brace for inflation data

Proceeds from Bitcoin sales have paid for healthcare, environmental programs, 
and government worker salaries in Bhutan — a detail that puts the kingdom&#8217;s 
latest crypto move in sharper focus. Related Reading: WAR Token Explodes 100%, 
Then Crashes 20% In Sudden Sell-Off A Small Nation With A Big Bitcoin Strategy 
On Monday, blockchain analytics firm Arkham flagged a transfer of 175 Bitcoin, 
worth roughly $11.85 million, out of Bhutan&#8217;s main government wallet. The 
funds moved to an address created about a month ago, one that had already 
received 184 Bitcoin from state accounts. As of Tuesday, the coins had not 
moved again. No sale has been confirmed. But the transfer fits a pattern 
Arkham has tracked for months. Data shows Bhutan tends to offload Bitcoin in 
batches of $5 million to $10 million at a time. The heaviest selling on record 
came in mid-to-late September 2025. Back in February, a similar transfer 
preceded a $7 million sale to Singapore-based crypto trading firm QCP Capital. 
Bhutan just moved another $11 Million of Bitcoin out of its main holding 
addresses. The last time they did this was 1 month ago, and they were selling 
$7 Million of BTC with QCP Capital. Bhutan periodically sells portions of its 
Bitcoin in clips of $5-10M, with a particularly… pic.twitter.com/tBuz280bBe — 
Arkham (@arkham) March 9, 2026 How Bhutan Built Its Stash The kingdom did not 
buy its Bitcoin on an exchange. It mined it. State-backed operations began in 
2019, powered almost entirely by hydroelectric energy. During summer months, 
Bhutan&#8217;s rivers run fast and full, pushing its hydropower plants into surplus. 
Rather than waste that extra electricity, officials directed it toward Bitcoin 
mining. That strategy produced roughly 13,000 Bitcoin over several years, 
making Bhutan one of the larger sovereign holders in the world. Arkham 
currently puts the country&#8217;s holdings at around 5,400 Bitcoin — a figure that 
reflects years of periodic selling. Among nations, Bhutan ranks seventh. The 
US holds the top spot by a wide margin, with 328,372 Bitcoin worth close to 
$22 billion. The April 2024 halving hit the operation&#8217;s profitability hard. 
Mining rewards dropped to 3.125 Bitcoin per block, pushing up the effective 
cost of each coin produced. Since then, Bhutan has sold more frequently, and 
some Bitcoin miners globally have shifted their computing power toward 
artificial intelligence and data center work instead. Related Reading: 
Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says Druk 
Holding Manages The Portfolio All of Bhutan&#8217;s digital assets — Bitcoin 
included — are managed by Druk Holding and Investments, the country&#8217;s 
sovereign wealth fund. The portfolio also holds smaller amounts of Ether and a 
memecoin called KiboShib, which was reportedly generated by artificial 
intelligence. What makes Bhutan&#8217;s position unusual is how grounded its crypto 
activity is in basic public finance. The kingdom is not sitting on Bitcoin as 
a long-term ideological bet. It is mining when the energy is cheap, selling 
when prices allow, and using the money to keep the lights on. Featured image 
from Unsplash, chart from TradingView

Bitcoin Worth Nearly $12 Million Moved By Bhutan In Fresh On-Chain Activity

Ripple APAC managing director Fiona Murray said there was sufficient 
institutional interest in Australia to warrant the costs of acquiring an 
Australian Financial Services License.

Cryptocurrency price in DKK