The US deploying more troops to Iran triggers market panic, with gold, silver, and US stocks plummeting rapidly, and Bitcoin breaking below the $70,000 key level

On March 21, per Onchain Lens monitoring, James Wynn claimed a $5,565 reward from Hyperliquid before opening a 40x-leveraged BTC short position at an entry price of $69,959.

On March 21, Strategy CEO Phong Le posted on X (formerly Twitter) that Morgan Stanley’s wealth management division holds roughly $8 trillion in assets under management (AUM), with a recommended Bitcoin allocation range of 0–4%. A 2% allocation would unlock a potential $1.6 trillion in buying power for the crypto market—triple the size of BlackRock’s existing Bitcoin ETF, IBIT. Le dubbed this potential demand “Monster Bitcoin,” noting it could drive a massive capital influx into the Bitcoin market, significantly impacting price and liquidity.

March 21: Licensed Market Technician (CMT) Aksel Kibar noted that Bitcoin’s potential rising wedge pattern has a lower support boundary at $66,000. A breakdown below this level could trigger a bearish trend reversal. Rising wedges are classic technical patterns that typically form at the end of uptrends, signaling potential exhaustion in price momentum. Historical data shows similar breakdown confirmations have led to average pullbacks of 10-20%.

March 20: Per Onchain Lens data, a suspected whale—possibly Erik Voorhees—has used all USDT in the address to purchase ETH, now holding 117,814 ETH valued at $2.516 billion.

On March 20th, Farcaster co-founder Dan Romero—who previously joined Tempo—published an article clarifying five misconceptions about MPP. Romero noted MPP is not exclusive to Tempo: the protocol is payment-method agnostic, supporting both crypto and fiat, plus any blockchain (currently expanded to the Bitcoin Lightning Network, with a Solana extension proposal in the works). For usage fees: MPP itself has no inherent costs; fees depend on the underlying blockchain or fiat channel used. On openness: MPP is built to be simple and scalable, and has been submitted as a web standard to the IETF. Additionally, MPP supports two modes: pay-per-request and session-based (the latter ideal for continuous microtransactions that demand API speed). Romero also emphasized MPP delivers secure HTTP communication, separates payment channels, and doesn’t rely on specific smart wallet implementations or stablecoins.

On March 20, Marc Andreessen—co-founder of venture firm Andreessen Horowitz (a16z)—posted on X that OpenClaw and Pi were named among the top 10 software breakthroughs of all time. Note: Pi (full name Pi Coding Agent) is a minimalist AI coding agent developed by Mario Zechner (@badlogicgames) in late 2025, serving as OpenClaw’s core kernel. It offers just four tools for LLMs (Language Learner Model): read, write, edit, and bash—plus a clean prompt to iteratively and autonomously build, run, and fix code. No bloated features. OpenClaw founder Peter Steinberger retweeted the original post.