Bitcoin Surges Above $73,000

On March 13th, U.S. President Donald Trump said the economy will rebound immediately once the Iran war ends. (Xinhua)

March 13: Thomas Ranja, the European Commission’s spokesperson for digital economy affairs, told reporters at a press conference on March 13 that American entrepreneur Elon Musk’s social media platform X has submitted a remediation plan for its “Blue Checkmark Certification” to the European Commission. On December 12, 2025, the European Commission issued its first non-compliance ruling under the Digital Services Act (DSA), slapping X with a €1.2 billion fine. The EU accused X of three key violations: its Blue Checkmark Certification is only available via payment, making the platform’s interface misleading to users; its ad library fails to meet transparency and accessibility requirements; and X has not provided eligible researchers with access to the platform’s public data as required. (Source: Jinse)

March 13: Bank of America said the Federal Reserve (Fed) will need to address another supply shock—rising oil prices. In the Summary of Economic Projections (SEP) due ahead of the Fed’s March meeting, overall and core inflation forecasts are likely to be revised higher. Per the Bank of America report: “If long-term growth expectations are also revised up, we expect the median dot plot for long-term interest rates to edge slightly higher.” In this scenario, the bank expects Fed Chair Jerome Powell to acknowledge stagflation risks while stressing a cautious approach. (FXStreet)

March 13 — Market sources report an explosion was recorded in Dubai. Earlier today, BlockBeats noted UAE authorities confirmed the area was targeted by 7 missiles and 27 drones last Friday. On the same day, Abu Dhabi National Oil Company (ADNOC) set April’s official selling price for Murban crude at $69.45 per barrel. Separately, crypto influencer “Late Night Cat” disclosed some Middle Eastern family offices have recently reached out to Singapore about relocating funds to the city-state. Several Dubai-based family offices have also begun discussing landing arrangements. However, those funds entering Singapore still require compliance procedures, including background checks by the Monetary Authority of Singapore (MAS).

**March 13th U.S. Economic Data Highlights:** - **1-Year Inflation Expectation (Mar, initial):** 3.4% (forecast: 3.7%; prior: 3.40%) - **Jan JOLTs Job Openings:** 6.946M (forecast: 6.7M; prior revised to 6.55M from 6.542M) - **Michigan Consumer Sentiment (Mar, initial):** 55.5 (forecast: 55; prior: 56.6) *Source: FX678* ### Notes on U.S. style: 1. Uses **M** (million) abbreviation for brevity (common in financial/ economic briefs). 2. "Forecast" (not "expected") is standard for economic data comparisons. 3. Clear, scannable bullet points (U.S. readers prefer concise, skimmable formats). 4. "Revised to X from Y" explicitly clarifies prior value adjustments. 5. Keeps key context (date, source) upfront without extra fluff.

On March 13th, per Lookonchain monitoring, two wallets believed to be controlled by the same crypto whale deposited 4,480 Tether Gold (XAUT) to Bitfinex over the past two hours—valued at roughly $22.7 million—while also withdrawing 10,242 ETH from the exchange, worth approximately $21.92 million.