Day: March 1, 2026

Kalshi Founder Outlines Next Steps for ‘Iran Leader Ousted By’ Market

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Tarek Mansour, the co-founder of prediction market Kalshi, provided an update, following the platform’s decision to void some positions that were opened after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei was confirmed. “We don’t list markets directly tied to death. When there are markets where potential outcomes involve death, we design the rules to prevent people from profiting from death. That is what we did here,” Mansour said in a post on X. Iranian state media reported the death early Sunday, after an attack launched by Israel and…

Matt Hougan: Bitcoin ETFs could reach a trillion dollars, institutions see market dips as opportunities, and wealth managers are gradually gaining Bitcoin access

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Institutions view the current crypto dip as a prime opportunity for long-term investment growth. Key takeaways Bitcoin ETFs are projected to grow significantly, potentially reaching a trillion dollars in assets. Institutional investors see the current crypto market dip as an opportunity rather than a setback. The decision-making process for institutional investors is slower, often requiring multiple meetings before allocating funds. Despite market volatility, institutions remain optimistic about Bitcoin’s long-term prospects. Financial advisors are now more open to discussing Bitcoin with clients, reflecting regulatory changes. The adoption of crypto by institutions…

Z Score of Bitcoin-to-Gold Ratio Signals ‘Major’ Rally Coming: Analyst

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Bitcoin (BTC) is relatively undervalued compared to gold and the global money supply, which could signal a price reversal, according to Samson Mow, the CEO of Bitcoin technology company Jan3. “Bitcoin is about 24%-66% below its trend relative to gold’s market cap or global money supply, while gold is overextended,” Mow said in a Saturday post on X. Gold futures for April delivery closed Friday at $5,247.90; Tokenized gold PAX Gold USD was trading at the time of writing at $5,404.14. Mow also cited Bitcoin’s Z-score, a metric that tracks…

Strategy Raises STRC Yield by 25 Basis Points to 11.50%

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Strategy chairman Michael Saylor said in a social media post on Sunday that the largest Bitcoin (BTC) treasury company is raising the dividend on its STRC preferred stock, also known as “Stretch,” to 11.50% for March 2026, from the previous 11.25%. STRC is perpetual, meaning the company is not obligated to buy back the stock at any specified date, and features a variable yield that changes monthly. A Friday update on the company’s website confirmed Saylor’s post. “STRC’s dividend rate is adjusted monthly to encourage trading around STRC’s $100 par…

Bitcoin Can Hit $74,000 Despite Iran Tensions, Trader Predicts

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Bitcoin avoided a fresh breakdown around major geopolitical events in the Middle East, with BTC price targets now including $74,000 next. Bitcoin (BTC) ignored geopolitical volatility on Sunday as traders waited for markets’ Iran reaction. Key points: Bitcoin coils around $67,000 as the dust settles on a wild weekend in the Middle East. TradFi market reactions are in focus, with BTC price action avoiding major volatility. Oil price concerns compound as Iran seeks to close the Strait of Hormuz. Trader sees $74,000 BTC price rally Data from TradingView showed BTC…

Tokenized Gold Dominates Weekend Price Discovery as CME Futures Close

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Gold pricing shifts onto blockchain networks once US futures markets close for the weekend, according to Iggy Ioppe, former chief investment officer at Credit Suisse and now chief investment officer (CIO) at liquidity infrastructure firm Theo. CME gold futures stop trading at 5:00 pm ET on Friday and reopen at 6:00 pm ET on Sunday. During that interval, regulated futures markets are inactive and most remaining activity occurs through private over-the-counter deals in Asia that are not publicly reported. As a result, tokenized gold assets such as PAX Gold (PAXG)…

US Military Used Anthropic AI in Iran Strike Despite Trump Ban: Report

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The US military reportedly used Anthropic during a major air strike on Iran, only hours after President Donald Trump ordered federal agencies to halt use of the company’s systems. Military commands, including US Central Command (CENTCOM) in the Middle East, used Anthropic’s Claude AI model for operational support, according to people familiar with the matter cited by The Wall Street Journal. The tool has reportedly assisted with intelligence analysis, identifying potential targets and running battlefield simulations. The incident shows how deeply advanced AI systems have become embedded in defense operations.…

Polymarket Traders Make $1M on US-Iran Strike Bets, Spark Insider Concerns

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Six Polymarket traders earned roughly $1 million after accurately betting that the United States would strike Iran before the end of February, triggering insider trading suspicions. The six wallets were all created in February and placed nearly all of their activity on contracts predicting the timing of a potential US attack, Bloomberg reported, citing data shared by analytics firm Bubblemaps SA. In several cases, shares were purchased only hours before explosions were first reported in Tehran, with some contracts acquired for around $0.10, per the report. The timing drew attention…

Bitcoin Recovers to $68K After Iran Supreme Leader Killed

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Bitcoin prices have recovered from their dip following the US-Israeli air strikes on Iran and reports of the death of the Iranian Supreme Leader. Bitcoin (BTC) prices reached $68,200 in early trading on Sunday morning on Coinbase, according to TradingView. The asset has now recovered all losses from its dip to $63,000 on Saturday, adding $5,000 in less than 24 hours following the news that the United States and Israel had commenced air strikes on Iran.  BTC is currently trading back at Friday’s levels, around $67,350 at the time of…

Ethereum Smart Accounts Coming in Hegota Fork

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Ethereum account abstraction, or smart accounts, will be shipped with the Hegota upgrade “within a year,” said Vitalik Buterin on Saturday. “We have been talking about account abstraction ever since early 2016,” said the Ethereum co-founder over the weekend.  He added that now, “we finally have EIP-8141, an omnibus that wraps up and solves every remaining problem that AA [account abstraction] was intended to address (plus more),” and it is slated for deployment this year.   “Finally, after over a decade of research and refinement of these techniques, this all looks…