Author: John Smith

After billions in bets on a U.S.–Iran strike and an insider scandal on platforms like Polymarket, Democrats push the DEATH BETS Act, targeting prediction markets that trade on war, terror and death. Summary Polymarket and Kalshi volumes smashed records as traders priced odds of a U.S. strike on Iran and leadership change in Tehran. Six Polymarket accounts allegedly used insider information to profit from Iran strike timing, crystallizing fears of geopolitical front‑running. Senator Adam Schiff’s DEATH BETS Act would bar CFTC‑regulated venues from listing contracts tied to war, terrorism, assassinations or individual deaths. Prediction markets just ran into Washington’s moral…

Under hostile Swedish tax rules, HIVE Digital is winding down Bitcoin mining and quadrupling Canadian AI data‑center capacity, swapping halving risk for contracted GPU revenue. Summary HIVE says “misuse” of tax rules in Boden has turned Swedish ASIC mining into an opaque, uneconomic business and is weighing a full exit. Through BUZZ HPC, HIVE is expanding liquid‑cooled AI facilities in Canada from 4 MW to 16.6 MW, backing roughly 4,000 high‑end GPUs. The firm is rotating from pure Bitcoin beta to selling compute as a service to AI and HPC clients on contracts, trading hashprice whiplash for steadier ARR. HIVE…

Metaplanet sold equity and fixed‑strike warrants at a premium, monetizing stock volatility into up to $531 million of dry powder for a 210,000 BTC, yen‑hedged balance‑sheet bet. Summary Metaplanet raised about $255 million via a private share placement at a 2% premium, paired with fixed‑strike warrants at a 10% premium for another ~$276 million if exercised. Warrants only trigger if the stock trades above a Bitcoin‑linked mNAV threshold, turning equity upside and volatility into self‑funding BTC accumulation instead of pure dilution. The strategy aims to make Metaplanet “Japan’s MicroStrategy,” swapping yen‑denominated equity for a structurally scarce asset and using BTC…

Trump says Iran war oil spike will ‘drop like a rolling stone’ once fighting ends, even as crude stays above $100 and crypto trades through the turmoil. Summary Trump dismisses Iran war oil spike as budget “negligible” while crude trades above $100. He signals more strikes are possible even as he claims to spare key Iranian oil infrastructure. Bitcoin and Ethereum rally, reinforcing the “digital macro hedge” narrative despite still behaving like high‑beta risk assets. Trump is again trying to sell markets on the idea that the Iran war–driven oil spike is temporary, even as crude trades comfortably above the…

Bitcoin price rallied to a 5-week high of $74,157 on Monday morning amid institutional and whale accumulation. Can the bellwether climb past the $75,000 psychological support level ahead of the Federal Reserve interest rate decision set to be revealed later this week? Summary Bitcoin price rose to a five-week high of $74,157 as institutional inflows and whale accumulation pushed the asset higher. U.S. spot Bitcoin ETFs have attracted $2.1 billion in inflows over the past three weeks, while large wallets increased their share of the total supply. Markets are now watching the $75,000 resistance level ahead of the Federal Reserve…

The crypto market rose 3.5% to $2.6 trillion on Monday, March 16, as investors returned to risk assets after rotating from traditional hedges.  Summary The crypto market rallied as Bitcoin surpassed the $74K resistance as investors rotated away from traditional safe-haven assets. Demand for crypto ETFs returned with $1.34 billion in inflows into spot Bitcoin ETFs and nearly $180 million in inflows into Ether-linked funds this month. The Crypto Fear and Greed Index has moved back to neutral levels. Bitcoin (BTC), the world’s leading crypto asset, rallied 4% to break above the $74,000 resistance level for the first time in…

Three Democratic senators have said they will oversee the Justice Department’s investigation into crypto exchange Binance over possible violations of U.S. sanctions tied to Iran-linked transactions. Summary Three Democratic senators said they will oversee the Justice Department’s investigation into whether Binance was used to facilitate transactions linked to Iran and evade U.S. sanctions. The inquiry follows a Wall Street Journal report that federal investigators are examining more than $1 billion in crypto transfers that may have moved through the exchange. In a joint statement released Thursday, Senators Elizabeth Warren, Chris Van Hollen, and Ruben Gallego vowed to conduct oversight of…

The price of Pi Network surged more than 30% on March 13 after a fresh exchange listing and growing anticipation around the project’s upcoming Pi Day event. Summary Pi Network’s token surged more than 30% after being listed on Kraken. A mainnet protocol upgrade and Pi Day hype are adding to bullish sentiment. Technically, $0.30 is the next resistance, while $0.25 acts as key support. According to data, the token climbed roughly 31% in a single day, driven primarily by the listing of PI on Kraken, one of the largest global crypto exchanges. The listing significantly expanded trading access to…

The price of Bitcoin climbed to a weekly high on March 13, defying geopolitical concerns tied to rising tensions between the United States and Iran. Summary Bitcoin price reached a weekly high near $72,000, holding above the $70K level. Negative funding rates on Binance suggest many traders are still shorting the rally. A potential short squeeze could push BTC toward $75K if the rebound continues. Bitcoin (BTC) was trading around $71,400, up about 1.2% on the day, according to the chart data, after briefly touching an intraday high near $72,000. The move pushed the world’s largest cryptocurrency back above the…

Ethereum’s price rallied to a weekly high of $2,144 on Friday following the strong debut of investment manager BlackRock’s staked Ethereum ETF. Summary Ethereum price broke past the $2,100 resistance level on March 13. BlackRock’s staking ETF ETHB pulled in $15.5 million in trading volume on launch day. A bullish SMA crossover is close to confirmation on the daily chart. According to data from crypto.news, Ethereum (ETH) price shot up nearly 6% to $2,144 during Friday morning Asian time before stabilizing around $2,100 at the time of writing. At this valuation, the second-largest crypto asset by market cap sits 11%…