Bitcoin’s market structure is showing initial signs of stabilization as concerns about the conflict with Iran ease, according to Glassnode. On March 10, Bitcoin rose 4.3% to approximately $69,100, with increased open interest in futures contracts and active buying in the perpetual contract market, suggesting traders are cautiously returning to leveraged positions.

Inflows into US spot Bitcoin ETFs surged to approximately $934 million, marking a 20% increase from the previous week. Glassnode highlights that while momentum indicators, ETF demand, and profitability metrics are improving, the recovery remains in its early stages. Trading volume and network activity are still subdued, and capital flows are weak, indicating that overall market confidence has not yet fully recovered.

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CFTC Chair Michael Selig has unveiled a comprehensive multi-year agenda aimed at providing greater clarity in cryptocurrency regulation. Selig’s plan includes resolving jurisdictional disputes between the CFTC and the SEC, which have historically hindered regulatory progress. Additionally, he aims to position the United States as a leading market for AI computing, reflecting a broader strategy to enhance the country’s technological competitiveness.

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The post Bitcoin Miner MARA Transfers 298 BTC to Exchange first appeared on Cryptovee.

Gondi has temporarily disabled its ‘Sell & Repay’ feature following a security incident, while other functionalities such as buying, listing, bidding, and trading remain unaffected. The platform is actively working on a resolution and compensation plan, which includes contacting affected users and assisting in the recovery of stolen NFTs purchased by unaware buyers. Additionally, Gondi plans to use protocol fees to acquire replacement collectibles or negotiate with individual victims for resolution.

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The cryptocurrency market has seen a swift reversal in fortunes as the $CL long position held by Rune (@RuneKek) now incurs a floating loss exceeding $500,000. In contrast, Loracle (@loraclexyz) has benefited from the market shift, with their short position on $CL now showing a floating profit of $500,000. This development highlights the volatile nature of crypto trading, where market dynamics can rapidly change positions from profit to loss.

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The post Bitmine Deposits 5,300 ETH Worth $10.75M into Coinbase first appeared on Cryptovee.

Bhutan has transferred approximately $11 million worth of Bitcoin from a government-linked address, according to monitoring by Arkham. The country typically sells Bitcoin in batches ranging from $5 million to $10 million. The last similar transaction occurred about a month ago, when Bhutan sold around $7 million in Bitcoin through QCP Capital.

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NVIDIA is set to unveil NemoClaw, an open-source platform designed for deploying AI agents, targeting enterprise software companies. The platform, which can be integrated with any software regardless of its hardware base, aims to assist businesses in automating tasks for employees. Ahead of its annual developer conference in San Jose, NVIDIA has engaged in discussions with major firms like Salesforce, Cisco, Google, Adobe, and CrowdStrike to explore potential partnerships.

NemoClaw will offer security and privacy tools, and as an open-source initiative, it allows partners to contribute code or resources, potentially gaining early access. While formal partnerships have not been confirmed, the platform’s launch marks a significant step in NVIDIA’s AI strategy.

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The cryptocurrency market has experienced a significant recovery, with the total market capitalization increasing by $60 billion in the past 24 hours. This surge has brought the market cap back to $2.32 trillion, indicating renewed investor confidence and activity across the crypto space. The rapid increase highlights the volatile nature of the market and the potential for swift changes in valuation.

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WTI crude oil prices surged 18% to $108 per barrel, significantly affecting major crypto positions. CBB faced a $3.81 million loss on a short position in crude oil contracts, with a liquidation price of $120.76. Additionally, a large whale experienced over $1.55 million in losses from a liquidated long oil position, subsequently opening a $6.48 million short position.

The price increase also led to $3.4 million in unrealized losses for Hyperliquid users who shorted crude oil. Meanwhile, MakerDAO’s founder holds a long position with 7x leverage on crude oil, resulting in unrealized profits exceeding $1 million. In related developments, the probability of the UAE striking Iran before March 31 surged to 84% on Polymarket, and Mojtaba Khamenei has been elected as Iran’s new Supreme Leader.

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