News
11 Mar 2026, 15:52
G7 backs emergency oil reserve release as Iran war disrupts global supply

The G7 has finally said that it is ready to support a joint release of emergency oil reserves as the US-Israel war with Iran keeps driving prices higher and choking supply. The group has been in talks with the International Energy Agency, which wants member states to implement the largest reserve release in its history. The goal here is apparently to ease the pressure after the war Israel and the US started with Iran pushed exports through the Strait of Hormuz close to a standstill and dragged down production across the region. As you probably know, that waterway carries about one-fifth of the global oil supply, so the damage was felt fast. Prices naturally surged after the war began, then calmed a bit when word got out that reserve barrels could be used. Even then, traders did not relax. At press time, Brent crude was up about 4% at $91.2 a barrel after earlier hitting $93. U.S. crude was up 2.9% at around $87 after touching almost $89. Cryptopolitan thinks the IEA’s release could help the market for a little while, but only as a short-term fix if the fighting keeps hitting supply and shipping. IEA asks all 32 members to approve a record oil release The IEA asked its 32 members to release 400 million barrels of oil, a figure that would top the action taken after Russia’s full-scale invasion of Ukraine in early 2022 by more than double. The plan cannot go ahead unless all 32 countries agree. German economy minister Katherina Reiche said Germany would take part. She said Germany will “comply with [the IEA’s request] and contribute to it, as Germany stands behind the IEA’s most important principle of mutual solidarity”. Later on Wednesday, Austria and Japan also said they would release oil from their stockpiles. The size of the system matters here. The IEA’s member and associate countries account for about two-thirds of global energy production and 80% of consumption. Every IEA member must hold reserves equal to 90 days of national oil use for moments like this. Those barrels are not stored in one giant place. In the UK, for instance, companies such as Shell and BP keep stocks at terminals and refineries, and some supplies held elsewhere can still count toward reserve rules. When governments approve a release, it does not mean new oil suddenly starts flooding out of one warehouse, okay? It just means that producers make more barrels available for refiners to buy. Attacks near Hormuz push shipping into chaos and keep oil under pressure The price surge came as security around Iran’s coast got worse. Several commercial vessels were attacked there, and tanker and cargo traffic through the Strait of Hormuz was badly disrupted by threats from Iran. Reports then came that American forces had sunk several Iranian ships, including 16 minelayers, near the Strait. On Wednesday morning, the UK Maritime Trade Operations authority said three cargo ships off Iran’s coast had been hit by projectiles. It said one of those vessels was struck inside the Strait of Hormuz. The tension spread beyond the sea. Authorities in Dubai said two drones fell near Dubai International Airport on Wednesday. Four people were injured, and the airspace around the city was shut for a short time. The market had already seen a false alarm the day before. On Tuesday, Cryptopolitan reported that oil prices dropped sharply after a social media post by U.S. Energy Secretary Chris Wright falsely claimed the U.S. Navy had escorted a tanker through the strait. White House press secretary Karoline Leavitt later told reporters the Navy had “not escorted a tanker or a vessel at this time.” After that, traders went back to the hard facts: exports through a critical route had nearly stopped, regional output had fallen, ships were getting hit, and governments were preparing emergency oil reserves in case the shock got even worse. Fatih Birol, the IEA’s executive director, said the crisis had forced action on a scale not seen before. “The oil market challenges we are facing are unprecedented in scale, therefore I am very glad that IEA Member countries have responded with an emergency collective action of unprecedented size.” Faith added that:- “Oil markets are global so the response to major disruptions needs to be global too. Energy security is the founding mandate of the IEA, and I am pleased that IEA Members are showing strong solidarity in taking decisive action together.” If you're reading this, you’re already ahead. Stay there with our newsletter .
11 Mar 2026, 15:51
Upbit Opens New Trading Pairs for Internet Computer, ICP Price Surges on Korean Market Interest

Upbit added support for ICP trading pairs with Korean won, Bitcoin, and Tether. The ICP token price surged as South Korean demand increased after the listing. Continue Reading: Upbit Opens New Trading Pairs for Internet Computer, ICP Price Surges on Korean Market Interest The post Upbit Opens New Trading Pairs for Internet Computer, ICP Price Surges on Korean Market Interest appeared first on COINTURK NEWS .
11 Mar 2026, 15:46
Bitcoin price stalls below $72K as CPI data, macro signals cap rally

Bitcoin price traded sideways below $69,000 throughout the Asian trading hours ahead of the February CPI release. Later in the day, the bellwether attempted a decisive breakout above the psychological $70,000 resistance, but the rally fell short around the $71,700 mark as selling pressure intensified. Overall market sentiment has improved over the past sessions as concerns around geopolitical tensions in the Middle East cooled, with oil prices retreating from recent highs. The total crypto market cap edged higher today, hovering just below the $2.5 trillion mark at approximately $2.35 trillion. The crypto fear and greed index was up one point from the previous day, reflecting this slight return of buyer confidence; however, it still remains in Extreme Fear territory with a reading of 15. Most altcoins, in the meantime, remained range-bound within narrow corridors, with a select few outliers, particularly in the Solana ecosystem, locking in modest gains today as the market awaits further macro clarity. Why is Bitcoin price stuck? After a slow start to the week, Bitcoin price started trading rangebound between $68,000 and $72,000 as a mix of conflicting bearish and bullish signals seems to be keeping investors sidelined and cautious. On one hand, geopolitical de-escalation provided a massive relief rally. Reports surfaced that President Donald Trump hinted his war against Iran was about to end. In a statement, he said that the war would end soon, noting that the US had achieved most of its goals, including dismantling Iran’s nuclear capabilities. Additionally, Trump said that the US would waive any oil-related sanctions and have the US military escort ships crossing the Strait of Hormuz. Bitcoin rebounded sharply on the news, climbing from weekly lows near $67,000 to a peak of $71,500 earlier today. This move coincided with a strong recovery in equities and a notable drop in crude oil prices, with Brent falling below $90, easing immediate inflation fears. Asian indices like the Kospi and Nikkei 225 jumped by over 4% in response. However, the rally lost steam around $71,500 as investors hit a wall of pre-data anxiety. In terms of technicals, this area became a sticky resistance zone where short-sellers concentrated their orders ahead of the February CPI release. The rejection saw Bitcoin fall back toward $69,000 before a secondary attempt to reclaim momentum stalled out at the $71,000 mark. Today, investors are reacting to the CPI data, which came in at 2.4% year-on-year, matching expectations but remaining high enough to stay slightly bearish for Bitcoin in the short term. This prompted a sell-the-news reaction across risk assets as the market re-evaluated the likelihood of a May rate cut. As a result, Bitcoin’s late-day rally failed to break past $71,000, confirming that the $70,000 level has flipped back from support to a formidable resistance zone. Market sentiment has taken another hit after the CLARITY Act effectively stalled in the Senate on March 8. Lawmakers have instead turned their focus to a new legislative priority, the SAVE America Act, pushing crypto regulation further down the agenda. Prediction markets have reacted quickly to the development, cutting the probability of the CLARITY Act passing this year to just 18%. Despite this macro gloom, institutional ETF flows, which recently saw a reversal back to net inflows, managed to provide a critical liquidity floor. This persistent institutional accumulation suggests that while retail sentiment remains in fear, major players are viewing the $68,000–$70,000 range as a high-conviction accumulation zone. What’s next for Bitcoin price? For now, Bitcoin remains trapped in a narrow corridor as the market awaits a definitive catalyst to break the stalemate. In terms of technicals, the price is compressed between the 50-day Exponential Moving Average (EMA), currently acting as a resistance, and the $68,000 support level serving as a temporary floor. Traders are keeping a close watch on the $72,000 resistance level; a sustained daily close above this mark would be required to invalidate a Death Cross that has formed on the 3-day timeframe. See below. https://twitter.com/TradingShot/status/2030023602637345127?s=20 If the bulls can reclaim this territory, it could trigger a short squeeze toward the $74,000 to $76,000 range, especially if the broader macro situation improves. On X, some analysts remained cautious about current price action. According to well-followed trader and analyst Rekt Capital, Bitcoin is less than halfway through its typical bear market timeline, suggesting the market could still face another wave of capitulation before forming a final bottom. “Retracement-wise, however, Bitcoin has already performed 75% of the downside in its Bear Market correction,” the analyst added. Meanwhile, fellow analyst Crypto Patel drew attention to a multi-year trend line that has acted as structural support for Bitcoin since 2017. According to the analyst, Bitcoin has never recorded a high time frame candle close below this ascending support during previous market cycles. “If this structure holds again, the maximum downside could be around $50,000, before the next move toward the $200,000 target,” the analyst wrote. At press time, the Bitcoin price was hovering just above $70,000, after falling over 4% on the day. The post Bitcoin price stalls below $72K as CPI data, macro signals cap rally appeared first on Invezz
11 Mar 2026, 15:46
Price predictions 3/11: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR

Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508.
11 Mar 2026, 15:45
Polymarket’s 5-Minute Crypto Prediction Markets Explode to $60M Daily Volume

BitcoinWorld Polymarket’s 5-Minute Crypto Prediction Markets Explode to $60M Daily Volume In a stunning display of market adoption, Polymarket’s innovative five-minute cryptocurrency prediction markets have achieved a remarkable $60 million in daily trading volume merely one month post-launch, according to data verified by The Block. This explosive growth, recorded globally in March 2025, signals a paradigm shift towards hyper-liquid, real-time speculative instruments within the decentralized finance (DeFi) ecosystem. Consequently, the platform is redefining how traders engage with short-term price volatility on major digital assets like Bitcoin and Ethereum. Polymarket’s 5-Minute Crypto Markets Define a New Trading Era The core innovation lies in the market duration. Traditional prediction markets or binary options often span days or weeks. In contrast, Polymarket contracts settle every five minutes based on the price of a referenced cryptocurrency. This creates a continuous, high-frequency trading environment. The $60 million daily volume milestone demonstrates significant capital allocation and user engagement. Furthermore, this volume represents real economic activity where participants stake USDC stablecoins on price direction outcomes. Market analysts point to several catalysts for this rapid adoption. Primarily, the current crypto market exhibits heightened volatility, creating ideal conditions for short-duration contracts. Additionally, the user experience simplifies complex derivatives trading into straightforward “up or down” decisions. The platform leverages blockchain oracles like Chainlink for transparent and tamper-proof price feeds. This ensures fair settlement for all market participants without centralized intervention. Anatomy of the Surge in Prediction Market Volume To understand the $60 million volume, one must examine the underlying mechanics. Each five-minute epoch functions as an independent event market. Traders buy shares in “Yes” or “No” outcomes based on whether an asset’s price will be above a target at expiry. Liquidity pools facilitate instant trading. The rapid succession of these markets—288 per day—compounds small individual trades into massive aggregate volume. Comparatively, this volume rivals the daily activity of some established centralized exchanges for specific perpetual swap pairs. The following table outlines key metrics driving this growth: Metric Detail Impact on Volume Contract Duration 5-minute settlement cycles Enables high-frequency strategies and constant engagement Collateral Asset USDC stablecoin Reduces volatility friction, simplifies valuation Oracle Resolution Chainlink Price Feeds Provides trusted, decentralized settlement data User Interface Simplified binary outcome Lowers barrier to entry versus complex order books This structure attracts diverse participants. Notably, algorithmic bots execute arbitrage and statistical strategies. Meanwhile, retail traders seek leveraged exposure without managing margin positions. The result is a vibrant, 24/7 marketplace with deep liquidity. Expert Analysis on Market Implications and Sustainability Financial technology researchers highlight this as a natural evolution of prediction markets. Historically, these markets gauged event probabilities. Now, they function as ultra-short-term derivatives. The volume sustainability hinges on several factors. First, maintaining oracle integrity and liveness is non-negotiable. Any settlement failure could erode trust instantly. Second, regulatory scrutiny may intensify as volumes attract mainstream attention. However, the innovation demonstrates clear product-market fit. It fills a niche for granular, time-boxed speculation that traditional finance does not serve. The on-chain nature also provides unparalleled transparency. Every trade and settlement is publicly verifiable. This auditability could become a benchmark for fair play in speculative trading platforms. Broader Impact on DeFi and Crypto Liquidity Landscapes The ripple effects of this success are multifaceted. Primarily, it proves a demand for sophisticated DeFi primitives beyond simple lending and swapping. It also directs significant liquidity and attention to the Polygon network, where Polymarket primarily operates. This activity validates layer-2 scaling solutions for high-throughput financial applications. Moreover, the model could proliferate. Competitors may launch similar micro-duration markets. The concept could extend to other volatile assets, like equities or commodities. The underlying technology showcases the power of decentralized oracles and smart contracts. They enable complex financial products without traditional intermediaries. Liquidity Migration: Capital may flow from other speculative venues toward these high-frequency markets. Product Innovation: Developers are incentivized to build more advanced prediction market mechanisms. Regulatory Dialogue: Authorities must classify these instruments—are they games, securities, or derivatives? Market Efficiency: The aggregated predictions could become a leading indicator for ultra-short-term price movements. Ultimately, this volume milestone is not an isolated event. It represents a maturation phase for blockchain-based financial instruments. The market is voting with its capital for more granular, accessible, and transparent trading tools. Conclusion Polymarket’s achievement of $60 million in daily volume for its five-minute crypto prediction markets marks a significant inflection point. It validates a new asset class within decentralized finance. This growth stems from a perfect alignment of technology, market conditions, and user demand for short-duration exposure. The platform’s success will likely catalyze further innovation in real-time prediction markets. As the ecosystem watches, these markets continue to test the limits of liquidity, speculation, and blockchain utility. The trajectory suggests these micro-derivatives will become a staple of the crypto trading landscape. FAQs Q1: What exactly are Polymarket’s 5-minute prediction markets? They are binary option contracts on cryptocurrency prices that settle every five minutes. Traders use USDC to speculate whether an asset’s price will be above or below a target at the end of each five-minute window. Q2: How does the $60M daily volume compare to traditional crypto exchanges? While dwarfed by major spot exchange volumes, this figure is substantial for a single product type. It rivals the daily volume of specific perpetual swap pairs on mid-tier derivatives platforms, indicating deep engagement. Q3: What ensures the fairness and accuracy of market settlements? Polymarket relies on decentralized oracle networks, primarily Chainlink. These oracles provide the official price feeds that trigger contract settlements, removing the need for a centralized authority and preventing manipulation. Q4: Are there significant risks associated with trading these markets? Yes. The primary risks include extreme volatility within five-minute windows, potential oracle failure or delay, smart contract vulnerabilities, and the overall speculative nature of predicting very short-term price movements. Q5: Could this model be applied to assets beyond cryptocurrency? Absolutely. The underlying mechanism is asset-agnostic. Given reliable price feeds, similar markets could be created for stocks, forex pairs, or commodities, potentially opening a new frontier for micro-duration speculation in traditional finance. This post Polymarket’s 5-Minute Crypto Prediction Markets Explode to $60M Daily Volume first appeared on BitcoinWorld .
11 Mar 2026, 15:44
Here’s When Arthur Hayes Will Buy Bitcoin Again

BitMEX co-founder Arthur Hayes has said that he would not buy Bitcoin (BTC) today if he only had $1 to invest. However, he still expects the cryptocurrency to eventually climb back above $100,000 once central banks return to printing money. Waiting for the Fed to Print In a March 10 interview with Natalie Brunell on CoinStories, Hayes argued that the ongoing conflict pitting the U.S. and Israel against Iran has created a real risk of a broad market sell-off that could pull BTC below $60,000. “There’s a situation where the longer that this carries on, there could be a massive sell-off in equities, and Bitcoin might fall a bit lower, might break $60,000, and that could be sort of a big cascading of liquidations down,” Hayes said during the interview. According to him, every major Middle East conflict in his lifetime eventually prompted the Fed to print, leading him to conclude that the signal to watch is not the war itself but what central banks actually do in response. “If I had $1 to invest right now, would I be putting it into Bitcoin? No,” he said. “I would wait. I think that the longer that this conflict goes on, the higher the likelihood that the Fed has to print money to support the American war machine, and that’s when I’m going to buy Bitcoin.” However, he cautioned against trying to time the moment, noting that most people are following the same mainstream coverage and could likely misread the situation. Asked why he thought BTC had underperformed over the past 6 to 9 months, the former BitMEX CEO pointed to what he described as a liquidity deficit rather than weak demand for the king cryptocurrency itself. “Bitcoin is a liquidity alarm,” he stated, arguing that AI-driven job displacement is quietly building deflationary pressure in the U.S. economy. In his view, there isn’t enough dollar liquidity to offset the other demands on capital, especially spending by large tech companies building out data center infrastructure. No Grand Schemes to Suppress Bitcoin Hayes also pushed back on the idea that institutions or large market makers like Jane Street have been suppressing the price of BTC. “I don’t think there’s anything nefarious or like some evil conspiracy of Jane Street and other market makers to try to manipulate prices lower,” he said. The crypto trader attributed most such claims to investors looking for someone to blame after bad entries and advised anyone without a professional trading setup to completely avoid leverage and short-term positions. Personally, he described himself as “structurally very, very long Bitcoin and other coins,” adding that there’s currently a much stronger need for stateless money than when Bitcoin launched in 2009. Hayes’s comments have come with Bitcoin trading just under the $70,000 mark following months of sideways price action. However, unlike the BitMEX co-founder’s suggestion that the asset could dip to $60,000, analyst Markus Thielen believes that the way BTC brushed off rising oil prices and geopolitical noise in the past week was a bullish sign, which made a move toward $80,000 more likely. The post Here’s When Arthur Hayes Will Buy Bitcoin Again appeared first on CryptoPotato .













































