GM!
Today’s top news:
Crypto majors are very green with ETH leading; BTC at $73,700 & ETH $2,275 The Bitcoin ETFs posted a 5-day inflow streak with $763M in net inflows Tom Lee buys $10M in ETH OTC from the Foundation Stanley Druckenmiller says stablecoins could reshape the global payments system New LIBRA report shows $5M payment to Argentine President Milei Crypto Holds Up Through a Weekend of War HeadlinesThe macro backdrop remains tense, but crypto is holding up surprisingly well.
As of this morning, Bitcoin is trading at $73,900, Ethereum at $2,280, and Solana at $93.80.
That’s a notable show of strength, especially with gold down and stocks flat.
In fact, many shared strong concerns that today would be a very red Monday.
After the U.S. struck Kharg Island, traders immediately focused on energy supply risk because Kharg handles roughly 90% of Iran’s oil exports. Reuters reported that Brent climbed to about $105 a barrel in the aftermath, while U.S. crude briefly topped $100, as the market priced in the risk of deeper disruption across the Gulf.
Yet oil is down this morning, stock futures are slightly green and crypto majors are leading the way.
Key Details
• Reuters reported oil had surged more than 25% over the weekend • Bitcoin is up 9% on the week with ETH leading up 14%, outperforming other markets • HYPE is trading over $39, up 24% on the week
From March 9 through March 13, the group brought in about $763.4M in total net inflows. Notably, that’s the first 5-day inflow streak of 2026 and hasn’t happened since November 2025.
The ETH ETFs were also green on the last 4 trading days, with $117M in net inflows on the week.
Key Details
• Weekly net inflows totaled about $763.4M • This was reported as the first five-day inflow streak of 2026 • IBIT was the largest contributor on several days, including $185.8M on March 10 and $143.6M on March 13
The Foundation said the average sale price was $2,042.96 per ETH.
According to the Foundation, proceeds from the sale will support core operations, protocol research and development, ecosystem development, and grants. Decrypt also reported that BitMine held 4,534,563 ETH as of the prior Monday, with those holdings then valued at about $9.41 billion.
Key Details
• Sale size: 5,000 ETH for about $10.2M. • Average sale price: $2,042.96 per coin. • BitMine is the largest ETH treasury firm, holding 4.53M ETH (~4% of the ETH supply)
Decrypt quoted him as saying, “I would assume our whole payments systems will be stablecoins in 10 or 15 years.”
In the same interview, Druckenmiller said he views stablecoins as efficient and cost-effective, while remaining skeptical of much of the broader crypto sector.
Key Details
• Druckenmiller said stablecoins could become central to payments in 10 to 15 years. • He was positive on stablecoins specifically, while describing broader crypto as “a solution looking for a problem.” • Decrypt cited stablecoin supply at around $315B, up more than $180B since early 2024.
According to reporting on the document, the alleged arrangement was split into three payments totaling $5M. Other reports describing the same document say the draft included an upfront payment, a second payment tied to Milei publicly endorsing Hayden Davis, and a final payment tied to a formal blockchain or AI advisory agreement.
Key Details
• The document was reportedly recovered from Mauricio Novelli’s iPhone • The alleged payment structure totaled $5 million across three installments. • The LIBRA token briefly spiked above $7B in early trading, now at just $1M (down well over 99.9%)
