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Bitcoin(BTC) Drops Below $68,000 with a 1.4% Increase in 24 Hours

Bitcoin has crossed the $68,000 benchmark and is now trading at $67,860, with a narrowed 1.4% increase in 24 hours.

Ethereum(ETH) Drops Below $2,000 with a Narrowed 1.2% Increase in 24 Hours

Ethereum has dropped below $2,000 and is now trading at $1,999, with a narrowed 1.2% increase in 24 hours.

Geopolitics Bets Hit a Record on Polymarket as Iran War Escalates

Conflict-related betting on prediction markets hit a record last week as traders piled into wagers on the US-Israeli strikes on Iran, while blockchain analysts flagged suspicious activity and lawmakers called for a crackdown.

Bettors placed $425.4 million in wagers on geopolitics questions on Polymarket in the week ending March 1, up from $163.9 million the week before, according to user-compiled data on Dune Analytics. Across the site, total wagering reached a record $2.4 billion, up from $1.8 billion a week earlier.

The growth comes as critics question the legality and ethics of betting on military conflict. US regulations are broadly understood to prohibit financial contracts tied to war, but Polymarket’s main exchange operates offshore and outside the oversight of US regulators.

Saylor’s Strategy Steps Up Bitcoin Buys by Using Common Shares

Michael Saylor’s Strategy bought more than $200 million worth of Bitcoin, turning to common stock to finance the bulk of its acquisitions, despite promises to lean on its perpetual preferred shares.

The company, formerly known as MicroStrategy, bought 3,015 Bitcoin between Feb. 23 and March 1, according to a regulatory filing Monday. Roughly $230 million of the purchase was funded through sales of Class A common stock. The remaining $7 million — about 3% of the total — came from at-the-market sales of its “Stretch” preferred shares, which were sold at a discount to face value.

It marks an acceleration from the previous week’s $40 million of Bitcoin purchases, made entirely through common shares, despite management previously signaling Strategy would prioritize sales of Stretch. Continual sales of common shares dilutes the value of those held by existing shareholders.

Suspicious Activity Detected on Polymarket Before Khamenei's Death Announcement

PANews posted on X (formerly Twitter). Prior to the announcement of Ayatollah Khamenei's death, unusual trading activity was observed on the decentralized prediction market platform, Polymarket. A total of 521 suspicious addresses were identified, strategically placing bets during a period of information vacuum. Notably, 62 wallets were exclusively focused on this single event, with one individual turning a $300 investment into $40,000, achieving a return of over 10,000%.

BitMine Updates Crypto Holdings as of March 2026

BitMine Immersion Technologies Inc. Chair Tom Lee posted on X that the company has released an update on its latest holdings as of March 2, 2026. The total value of their crypto assets, including 'Moonshot,' amounts to $9.9 billion. Among these assets, BitMine holds 4,473,587 ETH, with each ETH valued at $1,976.

Applied Digital Adds to AI Junk-Bond Surge With Offering

APPLIED DIGITAL CORP is seeking to raise $2.15 billion in a junk bond sale, the latest in a wave of debt financing tied to the buildout of artificial intelligence infrastructure.

Proceeds will help fund construction of a 200-megawatt data center in North Dakota, the company said in a statement. The five-year notes are expected to price later this week, according to a person with direct knowledge of the matter.

Applied Digital has signed a lease agreement with an investment-grade hyperscaler for the facility, a deal the company said in October is expected to generate $5 billion in contracted revenue over an estimated 15-year term.

Bitcoin Spot ETF Flow

The overall net inflow of the US Bitcoin spot ETF on Monday was $458.19 million. The total net asset value of Bitcoin spot ETFs is $88.34 billion, and the ETF net asset ratio (market value compared to the total Bitcoin market value) is 6.39%.

The Bitcoin spot ETF with the highest net inflow was iShares Bitcoin Trust ETF, with a net inflow of $263.19 million, according to SoSoValue.

SoSoValue