On March 6th, Glassnode noted that the selling pressure on Bitcoin has decreased since it surpassed 70,000 USD, with the 14-day net inflow for Bitcoin spot ETFs indicating a positive shift. However, institutional demand continues to show caution, despite early accumulation signs.
Archives: Fast News
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Bitcoin’s rally faces tensions from Iran-Israel conflict: traders anticipate a crash similar to 2022
Bitcoin’s recent trading value is 72,791 USD, indicating a 1.82% increase. Amid ongoing geopolitical tensions, market sentiment remains vigilant after notable declines.
Traders recall the abrupt shifts following the Russia-Ukraine conflict in February 2022, where Bitcoin initially spiked but faced a 67% drop due to prolonged economic fallout.
Analysts indicate a divided outlook, some predicting a short-term surge while cautioning about potential corrections following spikes in selling pressure during the ongoing Iran conflict.
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Viglacera’s Profit in the First Two Months of 2026 Increased by 25%, Expected Nearly 300 Billion VND in Pre-tax Profit in Q1/2026
In the first two months of 2026, Viglacera Corporation (stock code: VGC) reported a revenue of approximately 2.171 trillion VND, reaching 16% of the annual plan and exceeding the Q1 target. Pre-tax profit is estimated at 233 billion VND, up by 25% compared to the same period in 2025. It is expected that in Q1, the profit will reach about 298 billion VND, 60% higher than the plan. The positive results stem from two main sectors: real estate, which contributed over 300 billion VND from land leasing and housing handover, and increased consumption of construction materials like glass, ceramics, and tiles. Additionally, the company is enhancing infrastructure investment, with a total estimated investment of around 579 billion VND, 2.2 times higher than last year. The Phu Ninh Industrial Park project in Phu Tho province is planned to create 25,000 jobs with a total investment of over 2.55 trillion VND.
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Cryptocurrency stocks displayed varied results; AI stocks increased nearly 2%, while BTC fell below 72,000 USD
The cryptocurrency market showed mixed results, with Bitcoin (BTC) decreasing to below 72,000 USD and Ethereum (ETH) dropping under 2,100 USD. In contrast, the AI sector saw growth, led by significant gains in Siren and Kite.
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Ripple expands Coinbase’s crypto futures products integration into Ripple Prime
Ripple has integrated Coinbase’s crypto futures products into its platform, Ripple Prime, allowing institutional clients access to futures contracts for BTC, ETH, SOL, and XRP.
The trading volume for Ripple Prime is expected to exceed 3 trillion USD by 2025, reflecting the increasing institutional interest in regulated crypto derivatives.
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US spot Bitcoin and Ethereum ETFs see $285M in net inflows
US-based spot Bitcoin and Ethereum ETFs recorded nearly $300 million in net inflows on March 4, with Bitcoin products receiving $155.19M and Ethereum products receiving $130.08M. These ETFs now account for 6.44% of Bitcoin’s total supply and 4.79% of Ethereum’s supply, indicating continued institutional accumulation through regulated investment vehicles.
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A U.S. Judge temporarily freezes 70.6 BTC and other assets of BlockFills
On March 6th, a U.S. District Judge authorized a temporary restraining order against BlockFills, freezing 70.6 BTC amid allegations of client fund misappropriation.
BlockFills suspended all deposits and withdrawals after incurring $75 million in losses, necessitating an urgent response to the court by March 17th.
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Aave Labs appoints Linda Jeng as new chief legal and policy officer
Aave Labs has appointed Linda Jeng as Chief Legal and Policy Officer. Jeng has significant experience from the Federal Reserve, U.S. Treasury, and SEC. Her role is critical for guiding Aave’s DeFi projects towards institutional adoption.
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Investment firm ParaFi Capital swaps 42,500 AAVE for SKY tokens
Investment firm ParaFi Capital transferred 42,500 AAVE tokens (worth approximately $5.26 million) to Coinbase Prime three days ago, then withdrew approximately 70 million SKY tokens (worth approximately $5.38 million) from the exchange four hours ago. The move suggests the firm may be repositioning its holdings, potentially in response to governance discussions within the Aave community.
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Calamity playtest scheduled for March 12 with $50K in rewards
Calamity, a game on the Ronin Network, is launching a playtest on March 12 featuring new items, updated crafting mechanics, and ranked 3v3 PvP competition. Players competing in the event can earn $45K in WYRM tokens, $5K USDC, and exclusive in-game rewards. The playtest represents the next phase of development for the title.