Bitcoin Policy Institute Calls for Reform of U.S. Bitcoin Tax Rules

U.S. stock markets opened higher on Wednesday, March 13, with the Dow Jones Industrial Average (DJIA) up 0.47%, the S&P 500 gaining 0.5%, and the Nasdaq Composite rising 0.49%. Most tech stocks advanced, with Micron Technology (MU.O) up more than 3%, Intel (INTC.O) adding 2.7%, and Taiwan Semiconductor Manufacturing Co (TSM.N) climbing over 2%. Crypto-related stocks saw broad gains: MicroStrategy Inc (MSTR) rose 4.70%, Coinbase Global Inc (COIN) gained 3.91%, CRCL added 4.24%, SBET jumped 5.08%, and BMNR climbed 7.79%.

March 13 — The TRON community has officially launched a discussion on a proposal to activate the v4.8.1 update, which adjusts the execution behavior and cost of the SELFDESTRUCT instruction in the TRON Virtual Machine (TVM) to better align with Ethereum’s EIP-6780. Under the proposal, if enabled, the SELFDESTRUCT instruction will only permanently delete a contract if called in the same transaction that created it; in all other cases, it will only transfer the contract’s assets without removing the contract. Additionally, the energy cost for this instruction will be adjusted from 0 to 5,000 units. The proposal is currently in the community discussion phase. The TRON developer community is debating issues like functional impacts, deployment timeline, and ecosystem adaptation, and will decide whether to formally activate the feature based on community consensus. TRON also encourages developers to actively participate in the discussion and recommends that those using the SELFDESTR

On March 13th, AI Auntie’s monitoring revealed that 25 minutes ago this morning, 27,000 ETH was deposited into a Binance address linked to trend research—with the same amount of ETH withdrawn shortly thereafter. This was followed by a repayment of an Aave loan, and 150 million USDC was redeposited into a centralized exchange (CEX). The deposit price was $2,063.72, while the withdrawal price was $2,146.91. If this transaction was indeed part of a short-selling operation funded by a loan, it would result in a loss of $2.246 million. Relevant wallet address: 0x25ff13e9e6574a67393101f65a4e23718b0cbeac.

On March 13, Bitcoin rebounded and broke above $73,000, per HTX market data, posting a 24-hour gain of 4.10%.

On March 13, the United Arab Emirates (UAE) said the country was targeted by 7 missiles and 27 drones last Friday. The same day, Abu Dhabi National Oil Company (ADNOC) set the official April selling price for Murban crude oil at $69.45 per barrel. Meanwhile, crypto influencer "Ling Wanwan's Cat" revealed that some Middle Eastern family offices have recently reached out to Singapore to plan fund transfers to the country. Several Dubai-based family offices have also begun discussing plans to set up operations there. However, any such funds entering Singapore must first go through compliance procedures, including background checks by the Monetary Authority of Singapore (MAS).

March 13 – Several European countries, including France and Italy, have held talks with Iran to secure safe passage for their ships through the Strait of Hormuz and restore Gulf energy transit, according to the Financial Times. Three officials familiar with the negotiations said multiple European nations are in preliminary discussions to resume oil and gas exports without escalating the conflict. Two noted France is among the participating countries; another added Italy is also seeking engagement with Iran on the issue. European governments have sought to avoid direct involvement in the conflict, with some criticizing initial U.S. and Israeli strikes on Iran. Still, they are deeply concerned that a prolonged strait blockade could drive up energy costs for businesses and households. One official also noted some European countries oppose engaging Iran. A UK official said Britain has not entered direct talks with Iran over strait access, but Foreign Secretary Dominic Raab—current