Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

March 3rd — Wintermute released a market update noting Iran’s geopolitical tensions have driven significant volatility in risk assets. For crypto: The weekend downturn absorbed the first wave of geopolitical panic, while the rebound stemmed from the market’s belief that Bitcoin’s 45% pullback from its all-time high has already absorbed most losses. However, the energy factor remains underestimated: Sustained high oil prices could keep inflation elevated — a setback for global central banks that had hoped for cooling inflation, potentially delaying Fed rate cuts. Crypto is at a disadvantage in this dynamic. Though ETF inflows have picked up recently, institutional participation is now far lower than during the $85k–$95k range seen between November 2023 and September 2024. Back then, institutions traded actively (especially on dips); today, buying interest is scarce, leaving the market fragile. Altcoins are tracking the typical bear market playbook: Positive moves are short-live

On March 3, YZi Labs Investment Partner Dana Hou tweeted that she has wrapped up her nearly four-year tenure at YZi Labs (formerly Binance Labs). Before joining Binance, Hou worked at Alibaba and Kuaishou, and was a macro strategist at Goldman Sachs.

March 3rd — Iran’s Fars News reported that Iran has carried out a strike against U.S. military bases and interests in Qatar, Bahrain, and Oman.

March 3 — Publicly traded Bitcoin mining firm Marathon Digital Holdings (MARA), the largest BTC holder disclosed in its annual report, said Wednesday it earned $32.1 million in interest income in 2025 from lending out 9,377 BTC. However, the lending segment posted a full-year loss of $86.3 million due to BTC price declines. As of Dec. 31, 2025, MARA held 53,822 BTC (valued at ~$4.7 billion), with a full-year fair value decrease of $301 million. Notably, the company loosened its 2026 policy to allow selling BTC from its balance sheet, no longer restricted to only offloading its current mining proceeds. Source: TheEnergyMag

March 3rd: Real-time data shows the Bitcoin network has mined roughly 19,992,468 BTC. It’s only a few days away from the 20 millionth Bitcoin being mined, at which point the circulating supply (out of Bitcoin’s 21 million total) will exceed 95%. Per Bitcoin’s halving schedule, the remaining 1 million BTC will take an additional 114 years to be mined.

On March 3, per Hyperinsight data, the crypto market saw a sharp afternoon drop at 16:00 ET, with Ethereum posting a short-term decline of more than 2%. During this period, the "Buddy" ETH long positions were partially liquidated again. As of press time, its 25x-leveraged ETH long position held just 1,360 ETH remaining, and its liquidation price had fallen to $1,929.