Bitcoin dropped 3.8% to $63,038 and Ethereum fell 9% following coordinated US-Israel military strikes on Iran's nuclear and military facilities. Over 152,000 crypto traders were liquidated totaling $515 million as digital assets absorbed weekend panic selling while traditional markets remained closed.
Bitcoin's self-custody culture has created a potential inheritance crisis as early adopters age, with many holders maintaining single points of failure in their storage systems. The article suggests 2026 could mark the beginning of significant wealth losses due to inadequate succession planning for Bitcoin holdings.
A judge has ruled against Binance's attempt to move class action lawsuits regarding token sales into arbitration. The lawsuits originated from a wave of legal action filed in April 2020 targeting major cryptocurrency exchanges and token issuers.
Bitcoin's price dropped to approximately $63,000 following U.S. and Israeli military strikes on Iran, but has since recovered most of its losses. The cryptocurrency market showed typical volatility in response to geopolitical tensions in the Middle East.
US Senator Chris Murphy announced plans to introduce legislation banning prediction markets, calling them 'corrupt and destabilizing.' The move specifically targets platforms like Polymarket amid concerns about war betting and insider trading risks.
Vitalik Buterin has announced Ethereum's roadmap for quantum resistance, proposing to replace the current consensus-layer BLS signatures with hash-based cryptographic schemes like Winternitz variants. This represents a significant step in preparing Ethereum's infrastructure against future quantum computing threats.
Bitcoin's price declined following news of US military action against Iran, while tokenized gold products like Tether's XAUT experienced significant price increases. This market movement reflects traditional safe-haven asset behavior during geopolitical tensions.
South Korea's National Tax Service accidentally leaked a full cryptocurrency wallet seed phrase in an official press release, resulting in the theft of seized crypto assets. The security breach occurred when the sensitive information was photographed and distributed publicly without detection.
Banking regulators have proposed new rules that would restrict third parties from passing stablecoin yield rewards to users. The regulatory change could significantly impact major crypto exchanges like Coinbase, though experts disagree on the exact implications for the industry.
Bitcoin dropped approximately 7% following Trump's military action against Iran, falling to around $63,000 and erasing recent weekly gains. Contrary to expectations of Bitcoin serving as a safe haven asset, crypto markets experienced selling pressure rather than inflows during this geopolitical tension.
Market analyst Yonsei_dent predicts Bitcoin could drop to $31,500-$38,000 based on historical cycle patterns and the Supply In Profit indicator. This would represent a 70-75% drawdown from the cycle high, similar to the 2022 bear market that lasted six months in the bottom zone.
Fresh accounts on Polymarket made $1 million hours before U.S. airstrikes on Iran, raising questions about potential insider trading. Meanwhile, one trader who had previously profited $2 million betting against strikes lost $6.5 million in a single day when the attacks occurred.
Peter Schiff predicts that the current divergence between Bitcoin and precious metals will continue throughout the year, with Bitcoin declining while gold gains value. This suggests a potential shift in investor preference from cryptocurrency to traditional safe-haven assets.
The crypto community is expressing concerns about potential Iranian disruption of oil supply through the Strait of Hormuz, which could negatively impact cryptocurrency markets. However, experts suggest these fears may be exaggerated, arguing that a complete closure of the strait would be unlikely or impractical for Iran to implement.
Bitcoin faces significant selling pressure with $1.8 billion in sell volume as the cryptocurrency retests the $63,000 level. The derivatives market is experiencing intensifying bearish sentiment amid broader US market tensions.
Bitcoin struggled throughout February to sustainably break above $70,000, reaching only $71,000 before experiencing sharp reversals. This price region appears to be acting as key resistance to Bitcoin's bullish momentum heading into March.
Six cryptocurrency wallets allegedly profited $1.2 million from trades positioned around Iran's military strikes, raising insider trading concerns. The geopolitical events caused immediate crypto market volatility with assets declining before modest recoveries.
Former Mt. Gox CEO Mark Karpelès submitted a controversial pull request to Bitcoin Core proposing to redirect untouched coins from 2011 to a recovery address controlled by the Mt. Gox trustee. The proposal was quickly rejected, reigniting fundamental debates about Bitcoin's immutability and governance.
The US Supreme Court struck down President Trump's emergency tariffs under IEEPA on February 20, creating uncertainty around $175 billion in potential tariff refunds. Bitcoin traders are now forced to price this economic uncertainty similarly to surprise interest rate changes while monitoring social media for policy updates.
Suspected insider traders profited over $1.2 million on Polymarket by betting on U.S. strikes against Iran before they occurred. The strikes subsequently caused Bitcoin prices to decline and oil futures on Hyperliquid to surge due to escalating regional tensions.
Joint U.S. and Israeli military strikes on Iran caused significant market volatility on Polymarket, resulting in $6.5 million in losses. The geopolitical event demonstrates how real-world military actions can trigger massive movements in prediction market platforms.
U.S. strikes on Iran have raised questions about potential impacts on Bitcoin's network stability, given Iran's estimated control of approximately 5% of global hashrate. However, observers note that Bitcoin's network would continue operating without disruption even if Iran's mining operations were affected.
Bitcoin, Ethereum, and other cryptocurrencies experienced price drops following military strikes by the US and Israel against Iran. The geopolitical tensions triggered a sell-off in the crypto markets as investors moved away from risk assets.
The article discusses regulatory pressures on stablecoin issuers regarding interest distribution and the competitive dynamics between digital dollars and traditional bank deposits. It explores the ongoing debate over who should receive the risk-free rate earned on stablecoin reserves.
Data analysis reveals that Bitcoin investors who hold for at least three years have historically avoided losses. Even after recent market corrections, traders who bought Bitcoin 3-5 years ago are still showing approximately 90% gains on average.