US-Iran Conflict Spurs $600M in Bets, Polymarket Launches Multiple Related Contracts
On March 1, hours after the U.S. launched an airstrike against Iran, decentralized prediction platform Polymarket rolled out over a dozen contracts tied to the U.S.-Iran conflict—with total wagers topping $600 million.
Among these, the contract “Will Khamenei lose his position as Supreme Leader by March 31?” settled at 100% following confirmation of his death, with single-market trading volume hitting $45 million. The “Will the U.S. strike Iran by a specified date” contract, launched last December, has amassed $529 million in total trading volume, ranking among the platform’s largest markets ever.
Additionally, the “Iranian regime collapses by June 30” contract now has a 54% probability, while the “U.S. deploys military forces to Iran by March 7” contract stands at roughly 28%.
On-chain analytics firm Bubblemaps noted six wallets correctly bet on “U.S. airstrike on Iran the same day” ahead of the February 28 airstrike, netting ~$1.2 million in total profits—raising red flags o
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US Media Reveals Before and After Satellite Images of Attack on Khamenei's Residence
On March 1, CBS News released satellite images showing before-and-after views of the residence of Iran’s late Supreme Leader Ayatollah Khamenei in Tehran, following a joint U.S.-Israeli attack on the morning of February 28.
The conflict remains ongoing: Iran’s Islamic Revolutionary Guard Corps (IRGC) has launched large-scale missile and drone strikes against Israeli and U.S. military bases in the region. Preliminary reports indicate Jerusalem has been targeted, while explosions and rising smoke were reported in Haifa, Israel.
Qatar’s capital Doha was again targeted by missile strikes from the southwest, triggering the activation of Qatar’s air defense systems for interception. The U.S. Al Udeid Air Base—located roughly 35 kilometers southwest of Doha—is one of the largest U.S. military bases in the Gulf.
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This week, the US Spot Bitcoin ETF saw a net inflow of $7.874 billion
As of March 1, Farside Monitoring reports that weekly net inflows into U.S. spot Bitcoin ETFs totaled $787.4 million. The breakdown by fund is:
- IBIT: $503.0 million
- FBTC: $33.5 million
- BITB: $68.3 million
- ARKB: $19.3 million
- BTCO: $3.3 million
- EZBC: $1.9 million
- HODL: $34.8 million
- GBTC: $89.4 million
- Grayscale BTC: $33.9 million
This follows standard U.S. financial news conventions—concise, structured with bullet points for readability, and using clear numerical formatting.
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Iran Missile Hits IDF Headquarters, Bahrain Sounds Air Raid Siren; Explosion in Doha
Breaking: March 1 – Iran claims it launched a large-scale attack on Israeli and U.S. bases. The Israel Defense Forces (IDF) confirmed Iran has fired missiles at Israeli territory, with defense systems active to intercept the threat. Moments ago, the Israeli Home Front Command sent direct alert messages to mobile phones in affected areas; air raid sirens are blaring in central Israel.
As of press time, Iran’s Tasnim News Agency disclosed an Islamic Revolutionary Guard Corps (IRGC) missile has struck the Israeli military’s headquarters.
Market reports note Bahrain has activated air raid sirens, and an explosion has occurred in Doha, Qatar.
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Market News: More Explosions Heard in Dubai
Breaking: Multiple explosions reported in Dubai on March 1st, per market sources.
Earlier on March 1st (local time, ~1:30 AM), the northeast side of Dubai’s Burj Al Arab (Sail Hotel) was targeted in an attack and caught fire. Guests were asleep when loud explosions and strong tremors woke them; they evacuated via emergency exits. The hotel lobby filled with thick smoke, and the fire has since been extinguished.
Separately, an Iranian drone attacked Dubai International Airport earlier this morning. The airport is currently conducting evacuation procedures, all flights are canceled, and Dubai airspace is closed.
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