Traders are suing prediction market Kalshi after a controversial contract tied 
to Iran’s supreme leader sparked a payout dispute, igniting legal questions 
about how geopolitical event markets resolve outcomes and interpret rules. 
Traders Sue Kalshi, Claim Prediction Market Platform Uses ‘Death Carveout’ to 
Escape Massive Payouts Traders are challenging a prediction market platform 
after alleging […]

Legal Storm Hits Kalshi as Traders Claim ‘Death Carveout’ Erased Their Winning Bets

The plaintiffs characterized the death carveout in a prediction market for the 
former Iranian Supreme Leader&#8217;s ouster as &#8220;deceptive.&#8221;

Prediction market Kalshi sued over Khamenei trade carveout

Large ETH transfers by prominent figures like Wilcke can influence market 
sentiment, potentially impacting Ethereum&#8217;s price volatility.
The post Ethereum co-founder Jeffrey Wilcke sends $157M in ETH to Kraken after 
months of wallet silence appeared first on Crypto Briefing.

Ethereum co-founder Jeffrey Wilcke sends $157M in ETH to Kraken after months of wallet silence

President Donald Trump demanded Iran’s “unconditional surrender” as U.S. and 
Israeli forces intensified their military campaign, framing the escalating 
conflict as both a geopolitical turning point and a costly economic shock 
reverberating through global energy and financial markets. Iran War Enters 
Week Two as Trump Issues Surrender Demand and Energy Markets Spike The joint 
operation, […]

Trump Says ‘No Deal’ Without Iran Surrender as Oil Prices Jump and War Expands

Spot Bitcoin ETFs listed in the US recorded their steepest single-day outflow 
in nearly three weeks on Friday, with $349 million pulled from all 11 products 
combined, according to data from Farside. Related Reading: Stablecoin Market 
Breaks Records — USDC Controls 70% Of $1.8 Trillion Volume The withdrawals 
came as Bitcoin slid back toward $68,000 after briefly touching $74,000 
earlier in the week — a run-up that, based on on-chain data, appears to have 
been the trigger for a significant wave of selling by large holders. Big 
Holders Bought Low, Then Sold Fast Crypto analytics platform Santiment tracked 
the behavior of wallets holding between 10 and 10,000 Bitcoin — a group 
commonly referred to as whales — and found they had been building positions 
aggressively between Feb. 23 and March 3, when prices were stuck in the 
$62,900 to $69,600 range. Once Bitcoin crossed $74,000 on Wednesday, those 
same wallets began offloading. By Friday, roughly 66% of what they had 
accumulated over that 10-day window had been sold back into the market. 
Smaller investors moved in the opposite direction. Wallets holding less than 
0.01 Bitcoin — the retail end of the market — have been adding to their 
positions as prices fell. According to Santiment, that kind of divergence 
between large and small holders has historically pointed to more downside 
ahead. &#8220;When retail buys while whales sell, it typically signals that the 
correction is not yet over,&#8221; the platform said in a Friday report. Fear Gauge 
Drops To Its Lowest Reading In Weeks Bitcoin&#8217;s slide pushed the Crypto Fear &amp; 
Greed Index down six points to a score of 12 on Saturday, placing it deep in 
&#8220;Extreme Fear&#8221; territory. The index measures market sentiment across a range 
of factors including volatility, trading volume, and social media activity. 
Some analysts said that Bitcoin could still face another drop if buyers fail 
to defend the current price zone. A loss of support around the $67,000–$68,000 
range may trigger a move back toward recent lows to gather liquidity before 
any potential rebound. An Economist&#8217;s Case For A $60K Floor Not everyone sees 
a breakdown coming. Economist Timothy Peterson pointed to the Bitcoin Price to 
Metcalfe Value chart — a model that measures Bitcoin&#8217;s price against the 
estimated value of its network based on user activity — and said the $60,000 
level has held as a bottom in every prior cycle. &#8220;About 99.5% chance it stays 
above $60k,&#8221; Peterson wrote on X. Related Reading: Bitcoin’s Brief Rally Isn’t 
The End Of The Bear Market, Analysts Say Bitcoin had already tested that level 
once this cycle, falling to $60,000 on Feb. 6 during a broader pullback from 
an all-time high of $126,000 set in October. Since then, it has managed a 
partial recovery, though Friday&#8217;s ETF outflows and the continued whale selling 
suggest the market has not yet found stable footing. Featured image from 
Shutterstock, chart from TradingView

Cryptocurrency price in BHD