Former CFTC Chair Chris Giancarlo said US banks need clear cryptocurrency regulations more than crypto-native companies do. Without regulatory clarity, traditional financial institutions in the United States risk losing ground in payment innovation to players already operating in the digital asset space, he warned.

Two on-chain addresses opened a combined $19.6M in leveraged long positions in xyz:CL crude oil contracts within 30 minutes, Lookonchain data show. Address 0xf4b8...f3ee opened a 125,169 xyz:CL long position with 20x leverage worth $13.1M, with a liquidation price of $96.64. Address 0x4ff9...38d3 opened a 62,180 xyz:CL long position using 2x leverage valued at $6.5M, with liquidation set at $52.06.

Investors continued selling U.S. Treasuries last week as the Middle East conflict pushed oil prices higher, Odaily Planet Daily reports. Barclays interest rate strategists Anshul Pradhan and Demi Hu wrote that Treasuries failed to act as a safe haven because the war's impact is viewed as inflationary and tied to wider U.S. budget deficits rather than weaker growth, forcing markets to reprice the policy rate path and fiscal risk premium. They noted the conflict's duration has become a key market focus as soft economic data fades in importance. Tradeweb data showed the two-year U.S. Treasury yield rose 5.9 basis points intraday to 3.611%, while the 10-year yield climbed 5.7 basis points to 4.187%.

G7 finance ministers are preparing to discuss a coordinated deployment of emergency oil reserves with the International Energy Agency as oil prices surge, the Financial Times reported. The talks focus on a potential joint release of strategic stockpiles in response to the recent jump in energy costs.

Bitcoin, Ethereum and Solana spot exchange-traded funds recorded net inflows over the past week, while XRP spot ETFs posted net outflows, ETF flow data show. Bitcoin spot ETFs saw $568.45 million in net inflows, Ethereum spot ETFs attracted $23.56 million, Solana spot ETFs drew $24.05 million, and XRP spot ETFs recorded $4.09 million in net outflows.

Two whale addresses opened leveraged long positions on xyz:CL oil contracts worth nearly $19.6M in the past 30 minutes. Address 0xf4b8 initiated a 20x long position on 125,169 xyz:CL valued at $13.1M with liquidation at $96.64, while address 0x4ff9 opened a 2x long on 62,180 xyz:CL worth $6.5M with liquidation at $52.06.

Bitcoin has traded largely steady around $67,000 over the past week even as the Israel–Iran conflict drove oil prices above $100 per barrel, CoinDesk analysis shows. The relative stability reflects Bitcoin's close correlation with U.S. stock indices, with S&P 500 and Nasdaq futures slipping just over 3% since the conflict started on February 28, compared with a roughly 10% drop in Japan's Nikkei, a 5% decline in India's Nifty and a fall of more than 16% in South Korea's Kospi. The U.S. is a net oil exporter sourcing most of its crude from Canada and Mexico, with only 4% from Saudi Arabia, limiting its exposure to potential disruption in the Strait of Hormuz. Analysts add that the launch of spot ETFs, expectations for looser regulation after Trump's election win, and Bitcoin's earlier pullback from record highs to about $60,000 have contributed to its evolution into a quasi-U.S. risk asset and eased short-term selling pressure.

Bitcoin traded above $68,000 on March 9, changing hands at $68,028.46 with a 1.15% gain over 24 hours, market data show. Ethereum moved above $2,000 to $2,012.72, up 3.55% in the same period, ChainThink reported.

A whale trader deposited 7.75 million USDC on Hyperliquid on March 9 to open a 2x leveraged long position in ETH, on-chain data show. The trader previously realized over $11.8 million in gains from multiple transactions.