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A busy week is ahead for financial markets as investors closely watch oil prices and several important inflation reports scheduled on the United States economic calendar.

Cryptocurrency markets began Monday with declines as digital assets erased most of the gains recorded last week and moved back into a sideways trading range.

Oil prices are currently the only major asset moving upward, while cryptocurrencies, commodities, and United States stock futures all declined at the start of the week.

United States President Donald Trump stated that oil prices could fall quickly once concerns surrounding Iran’s nuclear program are resolved. He described the current surge as a small price to pay.

Key Economic Events from March 9 to 13

Crude oil prices surged to about 116 dollars per barrel as futures markets opened higher on Sunday evening. The sharp increase triggered strong volatility across global markets, with stock futures and cryptocurrency prices both moving lower.

According to the financial analysis platform The Kobeissi Letter, the situation could become one of the most memorable market events in recent decades. Oil prices jumped roughly 25 percent on a Sunday, United States stock market futures lost more than two trillion dollars in value, and about twenty million barrels of daily oil supply were reported offline without clear signs of easing tensions.

The week is expected to bring additional volatility. On Wednesday, the February consumer price index report will be released. This inflation indicator measures changes in consumer prices across the economy, and rising fuel costs may push the data higher.

Another important report will arrive on Friday with the personal consumption expenditures price index, which is the preferred inflation measure used by the Federal Reserve. The January data release was delayed and is expected to show that prices increased by about 0.4 percent compared with the previous month. If confirmed, it would match December’s pace and represent the second consecutive strong inflation reading.

The timing is important because the Federal Reserve is scheduled to hold its next interest rate decision meeting on March 18. Data from CME Group futures markets suggests there is about a 95.5 percent probability that interest rates will remain unchanged at that meeting.

Rising gasoline prices linked to tensions in the Middle East could also affect inflation expectations and consumer spending patterns, especially as broader financial markets show signs of selling pressure.

Outlook for the Cryptocurrency Market

Cryptocurrencies are generally considered high risk assets and tend to react quickly to geopolitical tensions. Over the weekend, the total cryptocurrency market value dropped by about forty billion dollars to around 2.36 trillion dollars.

Bitcoin faced resistance near the 68,000 dollar level on Sunday before falling below 66,000 dollars. The asset later recovered slightly during Asian trading hours on Monday morning but continues to trade within a narrow range and appears to be drifting toward the lower end of that channel.

Ethereum experienced a similar decline. The asset failed to reclaim the 2,000 dollar level over the weekend and was trading around 1,960 dollars at the time of reporting.

Most alternative cryptocurrencies showed little movement during the past twenty four hours, remaining largely flat as investors wait for clearer signals from the broader economic environment. #cryptonews#crypto https://t.me/coinsignalpublic https://coinsignals.net

Actor Terrence Howard has voiced strong skepticism about Bitcoin, saying he believes the cryptocurrency will eventually fail. The Hollywood star, known for roles in films such as Hustle & Flow, Iron Man, and Get Rich or Die Tryin’, recently shared his views during an appearance on the PBD Podcast hosted by Patrick Bet-David.

During the conversation, Howard said he has no interest in investing in Bitcoin and predicted that the digital asset will eventually collapse. His remarks place him among the many critics who have questioned the long term viability of the cryptocurrency.

Howard Predicts the End of Bitcoin

Warnings about the supposed collapse of Bitcoin have circulated since the network was launched more than seventeen years ago. While such claims have become less frequent in recent years, they still appear occasionally, especially when public figures outside the cryptocurrency industry share their opinions.

Howard is one of those figures. While discussing different investment opportunities on the podcast, he expressed a firm stance against the cryptocurrency.

According to him, Bitcoin will eventually die and he prefers not to get involved with it.

He also mentioned receiving a phone call from a friend who presented an investment opportunity that supposedly offered a return of seventy five thousand dollars if he invested twenty five million dollars. Howard did not explain what the opportunity involved or how it was connected to Bitcoin, and the cryptocurrency itself does not promise guaranteed returns of that kind.

Howard further argued that Bitcoin is connected to traditional fiat currencies and suggested that the declining value of the United States dollar and the uncertainty surrounding global conflicts make the asset unreliable. He also stated that people may hesitate to store wealth in something that could theoretically be erased quickly through technological means.

Examining the Claims

Some of the points raised in Howard’s comments have sparked debate. For instance, Bitcoin itself is not based on fiat currency. While its price is often measured in traditional currencies such as the United States dollar, one Bitcoin remains equal to one Bitcoin regardless of external pricing.

His remarks about the weakening dollar and global uncertainty were also unclear. It is possible he was referring to the recent decline in Bitcoin’s price. The asset has indeed fallen significantly from its all time high reached in October of the previous year.

Despite that drop, Bitcoin is still trading around levels that were previously considered historic peaks. When viewed over a longer time frame, the asset has delivered substantial returns for many investors. Market analysts also note that Bitcoin often moves through cyclical phases that include both bullish and bearish periods.

Another statement from Howard suggested that funds stored in Bitcoin could be wiped out instantly with the push of a button. Critics of this claim point out that the decentralized design of the Bitcoin network makes it extremely difficult for any single party to erase or shut down the system.

Bitcoin Has Been Declared Dead Many Times

Predictions about the demise of Bitcoin are far from new. Since its creation, the cryptocurrency has reportedly been declared dead hundreds of times.

Despite these repeated warnings, the network has continued to operate and grow. Institutional investors, exchange traded funds, corporations, and even some governments have shown increasing interest in the digital asset, contributing billions of dollars in investment over time.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

American Bitcoin (ABTC), a company linked to the Trump family, is expanding its Bitcoin mining activities by acquiring 11,298 new ASIC mining machines. The additional hardware is expected to increase the firm’s total mining capacity and strengthen its strategy of accumulating Bitcoin through its mining operations.

Capacity Expected to Grow by 12 Percent

In a press release dated March 3, ABTC announced that the new machines will contribute approximately 3.05 exahash per second of mining power to the company’s infrastructure. The equipment is scheduled to be deployed in March 2026 at the company’s mining facility in Drumheller, Alberta, Canada.

Each machine is projected to operate with an efficiency of about 13.5 joules per terahash. This is an improvement compared with the company’s current fleet, which averages around 16 joules per terahash.

Co founder Eric Trump stated that as Bitcoin continues to mature, the focus should be on expanding mining capacity that is owned and operated by American companies. According to him, strengthening domestic hashrate helps protect the network, encourages innovation, and supports the long term leadership of Bitcoin development in the United States.

After the purchase is completed, American Bitcoin’s total owned fleet will grow by about 12 percent to 89,242 miners. This fleet represents roughly 28.1 exahash per second of total mining capacity. The managed fleet includes every mining unit held by the company, including those that may not currently be active.

When the new machines are fully deployed, the company’s operational fleet will consist of 58,999 miners producing about 25.0 exahash per second. The average efficiency of the working machines is expected to be around 14.1 joules per terahash. By comparison, the largest publicly listed Bitcoin mining companies currently operate at roughly 50 exahash per second.

Focus on Accumulating Bitcoin

Matt Prusak, the president of American Bitcoin, explained that the company structures its decisions with the goal of maximizing its Bitcoin holdings.

The mining firm previously reported that it ended 2025 with 5,041 Bitcoin on its balance sheet. Since then, its reserves have increased to more than 6,000 Bitcoin, reflecting the company’s continued focus on building its cryptocurrency treasury through mining operations. #crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

A new report from CryptoQuant ranked cryptocurrency exchanges based on reserves, trading activity, and transparency. KuCoin achieved the highest proof of reserves transparency score with 96.7 out of 100.

KuCoin earned the top proof of reserves transparency rating among major cryptocurrency exchanges in CryptoQuant’s latest annual Exchange Leader report. The Seychelles based trading platform ranked ahead of several larger competitors in an area many traders consider essential for evaluating the financial health and solvency of exchanges.

Report Evaluates Exchanges by Reserves and Trading Activity

The report analyzed exchange performance throughout 2025 by examining trading volume, reserve disclosures, and derivatives market activity. According to the findings, KuCoin received the highest proof of reserves transparency score in the dataset with 96.7 out of 100.

This high rating reflects KuCoin’s monthly proof of reserves system that allows users to confirm their balances through Merkle tree verification tools. The exchange also publicly shares wallet addresses and receives independent attestations from the security firm Hacken.

CryptoQuant noted that KuCoin has published more than 39 consecutive monthly reserve reports. The most recent report was released on February 6, 2026, and the disclosed assets all showed reserve ratios above 100 percent.

Bybit ranked second in the transparency category with a score of 93.2. Its ranking is supported by regular proof of reserves disclosures and attestations from Hacken. Kraken also appeared in the top tier, though its quarterly reporting schedule slightly reduced its score compared with the monthly updates from KuCoin and Bybit.

Some larger exchanges scored lower in this category. Binance received a score of 75.2. The platform provides extensive wallet disclosures and tools for verifying user balances, but it does not conduct a complete independent audit covering its entire balance sheet.

Coinbase ranked significantly lower with a score of 44.3. This was mainly because the company does not publish detailed wallet address mappings or provide on chain verification tools for customer balances.

The transparency ranking represents just one element of CryptoQuant’s Exchange Leader Index. The index evaluates exchanges using six categories including trading volume, reserves, proof of reserves transparency, trading balance between markets, volume growth, and reserve growth. In the overall ranking for 2025, MEXC, Binance, and Bybit held the top three positions.

Derivatives Markets Lead Exchange Trading Activity

The report also reviewed trading behavior across major cryptocurrency exchanges and found that derivatives trading now dominates activity on most large platforms. Exchanges such as MEXC, Bybit, Bitget, Binance, Gate, and Coinbase generated between 70 percent and 90 percent of their total trading volume from perpetual futures contracts.

KuCoin stands out as one of the exchanges with a more balanced trading structure. CryptoQuant grouped it with HTX and Kraken because both spot trading and derivatives markets contribute substantial volumes rather than one category overwhelmingly dominating the other.

In terms of total trading volume, Binance remained the largest exchange in 2025, processing approximately 32.4 trillion dollars in trades during the year. Around 25 trillion dollars came from derivatives markets while roughly 7 trillion dollars originated from spot trading.

Growth patterns varied across the industry. Gate recorded the fastest expansion in derivatives trading, with perpetual futures volume rising by more than 400 percent compared with the previous year. Coinbase also achieved strong growth after completing its acquisition of Deribit and launching decentralized exchange trading based on Solana. During the same period, MEXC nearly doubled its spot trading volumes. #crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

A well known analyst recently commented that gold is not a serious competitor to Bitcoin when it comes to the speed of ETF adoption.

Gold has long been considered the preferred safe haven asset during periods of rising uncertainty. However, the metal recently experienced a notable wave of investor withdrawals. This became clear last week when the largest United States ETF that tracks gold recorded a major outflow.

At the same time, funds connected to Bitcoin finished the week with overall gains, even though Thursday and Friday ended with significant losses.

GLD Experiences One of Its Biggest Withdrawals in Years

The SPDR Gold Trust is the largest ETF focused on gold, managing more than 174 billion dollars in assets as of March. Its dominance in the market is evident because the second largest fund, the iShares Gold Trust, manages around 64 billion dollars, which is almost three times smaller.

According to data shared by the Kobeissi Letter, the SPDR Gold Trust saw a massive withdrawal of about 3 billion dollars on Wednesday. Analysts noted that this amount exceeded any previous large daily inflow over the past two years by more than 200 percent.

During the same period, the price of gold fell by 4.4 percent in a single day. This marked the biggest drop since January 30, when the metal declined by more than 11 percent.

Analysts explained that this development came after global gold ETFs attracted 5.3 billion dollars in February and 18.7 billion dollars in January. That performance marked the ninth consecutive month of inflows and the strongest two month start to a year ever recorded.

They concluded that many investors likely decided to secure profits following the metal’s historic rally.

Comparisons With Bitcoin

While the gold ETF experienced a large outflow on Wednesday, spot Bitcoin ETFs recorded their strongest day since February 25, bringing in net inflows of about 461.77 million dollars. Monday also saw inflows of 458.19 million dollars and Tuesday added another 225.15 million dollars.

However, the week ended negatively with net outflows of 227.83 million dollars on Thursday and 348.83 million dollars on Friday.

Despite those late losses, the overall weekly result remained positive. Bitcoin ETFs recorded total net inflows of about 568.45 million dollars. This marked the second consecutive week of positive flows after a difficult five week period in which more than 2 billion dollars was withdrawn.

Although these figures are smaller than the movement seen in the single gold fund, they still highlight the growing institutional interest in Bitcoin. Crypto Rover also shared a chart showing that Bitcoin ETFs have attracted stronger inflows during their early years compared to gold ETFs during the same stage of their development. #cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Bitcoin delivered another quiet and uncertain performance over the weekend as the asset briefly fell below 67,000 dollars earlier today for the first time since Tuesday.

Most alternative cryptocurrencies also recorded losses during the same period. Ethereum moved further away from the key 2,000 dollar level, while Cardano and Monero each declined by more than two percent. Zcash and Pi Network experienced the largest daily drops.

Bitcoin Battles to Stay Above 67,000

The previous weekend brought sharp volatility to the cryptocurrency market after military strikes by the United States and Israel targeted Iran. Bitcoin initially dropped from 67,000 dollars to about 63,000 dollars. It quickly recovered within the same day and climbed to around 68,000 dollars following reports that the Iranian Supreme Leader had been killed during the attacks.

The upward momentum continued through the middle of the week when Bitcoin reached 74,000 dollars, its highest price in about a month. However, sellers entered the market at that point and prevented further gains.

Instead of continuing higher, Bitcoin began to lose value. The largest decline occurred on Friday after a weaker than expected jobs report from the United States and fresh statements from Donald Trump regarding Iran and Cuba.

The asset slipped again on Sunday and briefly touched about 66,600 dollars, which marked its lowest level since Tuesday. It later recovered slightly and is currently trading close to one thousand dollars higher than that level.

At present, Bitcoin’s market capitalization stands near 1.35 trillion dollars. Its dominance over alternative cryptocurrencies is about 56.6 percent according to data from CoinGecko.

Pi Network Token Pulls Back

The native token of Pi Network recently stood out by rising against the broader market trend. It surged to a three month high above 0.23 dollars yesterday. However, the rally lost momentum at that level, and the token has since fallen sharply to around 0.20 dollars at the time of writing.

Zcash also recorded significant daily losses and is now trading below the 200 dollar mark.

Most other large capitalization cryptocurrencies are also trading lower, although their declines are more moderate. Ethereum has clearly fallen below the 2,000 dollar level after another small drop, while BNB has moved down to around 620 dollars. Solana, XRP, Cardano, Monero, and Chainlink have also posted losses today.

The overall cryptocurrency market capitalization has declined by about 30 billion dollars over the past day and now sits below 2.4 trillion dollars, according to data from CoinGecko.#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Bitcoin recorded gains this week and reached a one month high of 74,000 dollars as selling pressure across the crypto market began to ease. A report from the on chain analytics platform CryptoQuant explained that a reduction in selling activity combined with improving demand signals helped support the recent short term recovery.

One sign of this shift can be seen in the change in apparent spot demand for Bitcoin. According to the analytics firm, demand contraction was about negative 136,000 BTC at the start of 2026. That figure has since improved to roughly negative 25,000 BTC, suggesting that selling pressure in spot markets has weakened significantly.

Long Term Holders Reduce Selling Activity

Another important signal came from the Coinbase Premium Index, which measures the price difference between the exchange Coinbase and offshore trading platforms. The index recently turned positive, a development that is often viewed as a sign of stronger buying activity from investors based in the United States.

CryptoQuant also pointed out that many investors currently hold unrealized losses at levels similar to those observed in July 2022. During the past thirty days, long term Bitcoin holders significantly reduced their selling activity. Their total outflows declined to about 276,000 BTC, compared with roughly 904,000 BTC recorded in November.

This decline represents the lowest monthly outflow from long term holders since June 2025 and has helped reduce supply pressure in the market. When investors in this category slow down their selling, it often limits immediate downward pressure during uncertain market conditions.

Even with the recent recovery, analysts caution that Bitcoin could encounter resistance around the 79,000 dollar level if the current momentum continues. A stronger resistance level may appear near 90,000 dollars. This level reflects the broader realized price for active market participants and has previously capped price gains earlier this year.

Market Sentiment Remains Cautious

Despite the latest rise in price, overall market sentiment remains relatively weak based on data from CryptoQuant. The firm’s Bull Score Index currently sits close to 10 out of 100, indicating that strong bullish signals remain limited.

The analytics platform described the recent move as a relief rally rather than the start of a sustained upward trend. It warned that ongoing macroeconomic pressure and cautious investor sentiment could still slow further gains in the short term.

CryptoQuant also highlighted that global liquidity conditions and expectations surrounding interest rates continue to influence demand for digital assets. These broader economic factors may play a major role in determining whether the current recovery can continue in the months ahead.#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

A cryptocurrency holder known online as Sillytuna revealed on March 5 that attackers stole about 24 million dollars worth of tokens after threatening him with violence during a physical robbery.

The incident has renewed concerns about so called wrench attacks. In these crimes, perpetrators rely on physical threats to force victims to hand over access to their crypto wallets instead of attempting to break into them digitally.

Victim Describes Violent Coercion

In several posts on X, Sillytuna explained that armed attackers demanded control of his holdings while threatening severe violence. According to him, the group carried weapons and issued threats involving kidnapping and sexual assault. He also stated that law enforcement authorities in the United Kingdom were already investigating the case.

In one of his posts, he said that about 24 million dollars worth of AUSD was stolen from his wallet and that the robbery involved violence, weapons, and threats of kidnapping and assault. He confirmed that the police had been notified.

Soon after the incident became public, blockchain analytics platforms began tracing the movement of the stolen funds. Arkham shared data showing that attackers took around 23.6 million dollars in aEthUSDC linked to an address associated with Sillytuna.

According to the firm’s analysis, most of the funds were quickly exchanged for other tokens and distributed across several wallets. Nearly 20 million dollars was converted into DAI and placed in two Ethereum addresses. Smaller portions of the stolen assets were also moved to other networks.

Roughly 2.48 million dollars was transferred to the Arbitrum network. There, the funds passed through several Wagyu accounts and were later used to purchase Monero, a privacy focused cryptocurrency known for making transaction tracking significantly more difficult.

Arkham also reported that about 1.1 million dollars was transferred to the Bitcoin network through a bridging service. A portion of those funds may have been sent to a mixing service.

Security firm PeckShield initially suggested the incident might have been an address poisoning attack. However, Sillytuna rejected that explanation and insisted the theft resulted from direct physical intimidation rather than any type of wallet exploit.

The victim has offered a bounty of 10 percent for the recovery of any stolen funds, even if the perpetrators themselves return the assets. He also called on exchanges and blockchain investigators to help trace or block the transactions.

Community Tracking Effort

After Sillytuna shared details of the attack, members of the cryptocurrency community began closely examining the transactions. Security researcher Tay Vano identified several wallet addresses connected to the theft and confirmed that Wagyu was being used to move the funds into Monero.

PerpetualCow, the developer behind Wagyu, later responded by saying the platform does not freeze user funds as part of its policy. However, he claimed that the transactions could have been stopped earlier if the activity had been noticed at the time, explaining that he had been asleep when the transfers occurred.

He added that compliance systems eventually detected the suspicious activity and prevented additional transfers from being processed.

While some community members focused on tracking the stolen assets, others reacted differently. A group within the Solana ecosystem launched a meme token inspired by Sillytuna’s name and said that trading fees from the token would be used to help offset the victim’s losses.

The case involving Sillytuna reflects a broader rise in wrench attacks. One of the most notable incidents occurred in January 2025 when Ledger co founder David Balland was kidnapped from his home in France. During the attack, criminals severed one of his fingers to pressure associates into paying a ransom.

In another incident, a United States resident visiting London was drugged and lost about 122 thousand dollars in cryptocurrency after unknowingly smoking a cigarette that had been laced with scopolamine.#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Binance has achieved a significant legal win after a United States federal court dismissed all claims filed against the cryptocurrency exchange under the Anti Terrorism Act.

In a press release published on March 7, the company revealed that the US Federal Court in the Southern District of New York threw out the lawsuit that accused Binance of supporting terrorism.

Eleanor Hughes, Binance’s General Counsel and spokesperson on the matter, described the ruling as a complete rejection of the accusations made against the exchange.

The lawsuit had been filed by 535 plaintiffs who claimed that the world’s largest cryptocurrency exchange provided material support connected to 64 terrorist attacks, relying on provisions contained in the Anti Terrorism Act.

However, the court issued a 62 page decision in which Judge Jeannette Vargas dismissed the civil case against Binance and its former chief executive Changpeng Zhao. The ruling concluded that the plaintiffs failed to prove their main allegations.

Hughes said the court clearly rejected what she described as a false and harmful narrative that Binance helped terrorists. She added that the company has consistently maintained that the accusations lacked merit and that the ruling confirms that position. She also noted that Binance will continue to defend itself strongly against lawsuits or reports that misrepresent the company and its operations.

The plaintiffs have been given 60 days to submit an amended complaint following the recent appellate decision. Despite this opportunity, Binance expressed confidence that any revised filing will not address the key weaknesses identified by the court, noting that the underlying claims have already been thoroughly reviewed and rejected.

In a separate but somewhat related development, eleven Democratic senators in the United States led by Richard Blumenthal recently asked the Department of Justice and the Treasury Department to investigate Binance over allegations that the platform facilitated about 1.7 billion dollars in transactions involving entities linked to Iran.

Binance has strongly denied those allegations, stating that it operates a robust compliance program supported by more than 1,500 specialists across the world. The company says this team works continuously to strengthen monitoring and ensure adherence to regulatory standards.#cryptonews https://t.me/coinsignalpublic https://coinsignals.net

Binance has formally responded to accusations raised by US Senator Richard Blumenthal, firmly denying claims that its compliance systems are weak or that it facilitated any form of illegal financial activity.

The response follows a letter from Senator Blumenthal that questioned Binance’s anti money laundering controls and referenced media reports from outlets including The New York Times, Fortune, and The Wall Street Journal.

Binance stated that the reports cited in the Senate inquiry contain false, unsubstantiated, and defamatory allegations regarding its sanctions enforcement and AML procedures.

Binance’s Response

The company stressed that it maintains a strong compliance framework supported by more than 1,500 specialists worldwide, along with advanced monitoring tools designed to identify suspicious transactions. Binance also said it has consistently cooperated with law enforcement agencies, noting that it handled more than 71,000 such requests in 2025 alone.

According to the exchange, its team assisted authorities in seizing over 750 million dollars in illicit assets, including nearly 580 million dollars recovered for United States agencies. Binance further reported that its exposure to wallets associated with illegal activities has dropped by almost 97 percent since early 2024. This includes a 97.3 percent reduction in exposure to major Iranian crypto trading platforms.

Two entities mentioned in the Senate inquiry, Hexa Whale and Blessed Trust, were investigated internally and removed from the platform after reviews triggered by requests from law enforcement authorities. Binance added that no account on its platform conducted direct transactions with organizations based in Iran.

The company also dismissed claims regarding internal whistleblowers, explaining that the departures of certain employees were part of routine staff turnover.

Despite these assurances, Binance acknowledged that eliminating risk entirely on public blockchains is impossible. However, the company stated that it relies on strong monitoring systems and strict controls to reduce and manage potential risks.

The Senate Inquiry

In late February, eleven Democratic senators led by Richard Blumenthal sent a letter urging the Department of Justice and the Treasury Department to investigate Binance over alleged violations of sanctions related to Iran in 2026.

The inquiry referenced findings reportedly discovered by Binance’s own compliance staff last year. According to the letter, about 1.7 billion dollars in digital assets had flowed to entities connected to Iran.

Among the groups mentioned were the Iran backed Houthi movement and the Islamic Revolutionary Guard Corps. The letter also alleged that a vendor working with Binance directed about 1.2 billion dollars in a single instance to accounts linked to Iran.

The senators called for a swift and thorough review of the platform’s sanctions compliance to ensure that it is not violating the law again or posing a risk to United States national security.

They further claimed that individuals in Iran had gained access to more than 1,500 Binance accounts and suggested that the platform may also have been used to help Russia evade US sanctions.#cryptonews https://t.me/coinsignalpublic https://coinsignals.net