MARA Holdings cut off several employees across various departments this week.
Bitcoin becomes the live market over Easter as oil shocks hit and traditional finance goes dark The Bitcoin market now has three trading days where it will act as the live venue for geopolitical risk while much of traditional finance is closed.
MARA Holdings has initiated workforce reductions throughout this week, impacting employees across various business units, according to information shared with Blockspace Media. Sources indicate the job eliminations have occurred in multiple phases, with at least two distinct rounds taking place on Wednesday and Thursday.
OpenAI's ChatGPT has laid out its forecast for Bitcoin in April 2026, projecting a predominantly range-bound month after last year's strong rally.
Bitcoin (BTC) hovers near $66,000 and the Fear and Greed Index sits at 8/100, an Extreme Fear level, the lowest point of the range. Long position liquidations exceeded $300 million in the last 24 hours. On top of that, spot Bitcoin ETFs are recording recurring net outflows.
Riot sold 3,778 BTC in Q1 for about $289M, signaling public miners are prioritizing liquidity and adding fresh supply pressure to Bitcoin.
Markets are digesting a heavy pullback in Bitcoin price today, with traders weighing whether this is a controlled correction or the start of a deeper downtrend. On the daily chart, BTC closed near $67,221, below all the short- and medium-term moving averages provided:
Bitcoin price today faced a sharp setback after a U.S. address in Iran triggered a global risk-off reaction, dragging prices down nearly 6% within hours. The move pushed BTC below the crucial resistance levels, with price now struggling under the $69,000 mark and failing to break the $72,500–$73,000 zone.
As it races to reposition itself in digital infrastructure, MARA Holdings is reshaping its balance sheet and operations around its evolving MARA Bitcoin strategy. In early April 2026, MARA Holdings (MARA) cut roughly 15% of its workforce as it shifts focus from traditional Bitcoin mining toward AI and energy infrastructure. However, management has framed the move as part of a longer-term transformation rather than short-term cost cutting.
BlackRock's iShares Bitcoin Trust (IBIT) now processes between $16 billion and $18 billion in daily trading volume, positioning the regulated fund as a direct competitor to the world's largest crypto exchanges.
Bitcoin is wavering and taking a brutal shock: nearly 600 billion dollars are now unrealized losses. At 66,000 dollars, the market reveals fragility rarely seen at this scale.
Quantum computing fears are reviving concerns that Satoshi Nakamoto's 1.1 million dormant BTC could be hacked, creating major security and market risks.