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Record Iran strike bets drive $469M volume on Polymarket, raising insider wallet and market integrity concerns.Rising tensions in the Middle East triggered record activity on prediction markets. Polymarket posted its highest single-day volume as traders rushed to price in the Iran strikes. At the same time, several wallets captured large profits before official confirmation.Polymarket Hits $469M Record as Iran Strike Bets Deliver Outsized ProfitsDune data shows Polymarket reached $469 million in single-day notional volume. That figure marks an all-time high for the platform. Last week, political contracts alone accounted for $350 million. Image Source: DuneHowever, trading patterns showed that traders appeared…

Citigroup (C) plans to launch institutional bitcoin custody later this year, part of a broader push to integrate digital assets into the bank’s traditional financial infrastructure.Nisha Surendran, who heads Citi’s digital asset custody product buildout, described the initiative in a speech at the World Strategy Forum on Thursday as an effort to “make bitcoin bankable.”That begins with institutional-grade key management and wallet infrastructure. But, Surendran said, the ambition is broader: to bring bitcoin into the same custody, reporting and control frameworks that clients already use for traditional assets.“We will be offering our clients a single service model across crypto, securities…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

AI tools are significantly compressing Ethereum development timelines, enabling rapid prototyping and iteration.Formal verification with AI is accelerating proofs for complex STARK-based cryptography, boosting blockchain security.Dividing AI gains between speed and safety allows Ethereum developers to expand test coverage and reduce critical bugs.Vitalik Buterin says artificial intelligence is beginning to reshape how Ethereum is built. In a recent post on X, he described an experiment where AI was used to “vibe-code” much of Ethereum’s 2030 roadmap within weeks. He called the result impressive, while warning it remains highly experimental.The project was completed without finishing Ethereum Improvement Proposals. That alone, he noted,…

SpaceX has held bitcoin for years without ever having to explain why to the public market investors. That’s about to change.Bloomberg reported late Friday that Elon Musk’s rocket and satellite company is targeting a confidential IPO filing with the SEC as soon as March, keeping it on track for a June listing that would be the largest in history. The company is expected to seek a valuation above $1.75 trillion and raise as much as $50 billion, eclipsing Saudi Aramco’s 2019 record of $29 billion.Buried inside that filing will be 8,285 bitcoin.Arkham Intelligence data shows SpaceX’s identified wallets held about…

Market analyst MorenoDV_ reports a muted response by Bitcoin short-term holders (STH) to a combined attack by the US and Israel on Iran. The observation is important considering the previous sell-offs that have dominated the market in recent months. Bitcoin STH Reaction To Geopolitical Conflict Signals Seller Exhaustion – What Next?  The Bitcoin short-term holders refer to a cohort of investors who acquired Bitcoin over the last 155 days. They are described as the most reactive set of investors, and therefore, activity is often indicative of short-term volatility and price direction. According to MorenoDV_ in a QuickTake post on February…

Ethereum’s drawdown deepens, but compressed leverage and negative funding raise odds of volatility before true capitulation.Ethereum is nearing a rare technical threshold, with price action pointing toward a sixth consecutive monthly red candle. According to market commentators, such an outcome would place the current drawdown just one month away from matching the 2018 seven-month losing streak, the longest in its history. Open Interest Collapse Signals Major Leverage Flush in ETHAs per Coinglass data, January closed down 17.52%, followed by a 19.81% decline in February. March has attempted stabilization but remains vulnerable. Should it close negative, Ethereum would enter statistically uncommon territory.…

Why it matters: Ryan VanGrack, Coinbase’s VP of legal and global head of litigation, is sharpening Coinbase’s challenge to state regulators, saying they are trying to rewrite Congress’ authority over derivatives.Coinbase has filed lawsuits in Connecticut, Illinois, Michigan and Nevada after launching prediction markets in partnership with Kalshi.Some of those states issued cease-and-desist letters or public warnings, arguing sports event contracts amount to illegal gambling.VanGrack said those actions left customers facing “real and imminent” threats that forced Coinbase to seek clarity in federal court.The argument: VanGrack says states are framing the issue incorrectly.Illinois officials argued in court that without state…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has reacted as expected to the conflict between the United States and Iran, continuing a pattern that has always appeared during previous geopolitical escalations. Crypto prices are digesting the latest developments, and analysts are comparing the current price structure to similar moments in 2022 and 2023, when Bitcoin initially sold off before staging strong recoveries. War Headlines And The 20%-40% Rally Pattern Recent geopolitical tensions are coming at an already fragile period for the crypto market. Bitcoin is already down 48% from its all-time high and…

WildMeta adds Aster DEX integration, enabling traders to access deeper cross-chain liquidity and discover decentralized trading strategies across multiple blockchains.WildMeta announced a strategic integration with Aster DEX to expand its Web3 trading discovery platform. As a result, the partnership enables users to access decentralized perpetual markets through a single gateway. As a result, traders now have access to deeper liquidity and advanced trading strategies between multiple blockchain networks.WildMeta Integrates Aster DEX, Unlocking $1B Daily Liquidity for Crypto TradersWildMeta revealed that Aster DEX will soon operate within its Execution Gateway. The gateway serves as a visualization interface between people and decentralized…