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The 20 millionth Bitcoin is expected to be mined between midnight on March 9 and the early morning of March 10, KST. According to data from Cloverpool, this milestone will mean that 95.2% of Bitcoin's total supply of 21 million has been issued. The remaining one million BTC are projected to be mined over the next 114 years.

According to CoinNess market monitoring, BTC has fallen below $67,000. BTC is trading at $66,916.73 on the Binance USDT market.

South Korean crypto exchange Upbit announced that it will temporarily suspend LUNA2 withdrawals starting at 9:00 a.m. UTC on March 12 due to a network upgrade.

South Korean crypto exchange Bithumb is expected to face heavy penalties from financial authorities, including a six-month partial business suspension and a reprimand for its CEO, for violations of anti-money laundering obligations, KBS reported. The exchange has also reportedly been notified in advance of a fine amounting to tens of billions of won. Authorities are said to have cited Bithumb's negligence in its customer verification (KYC) duties as the direct reason for the fine. Bithumb stated that it plans to fully explain its position during the subsequent proceedings, adding that it understands the partial suspension would restrict services such as withdrawing virtual assets to external wallets rather than being a full halt of operations.

Bitcoin is maintaining a stable price despite a surge in international oil prices, CoinDesk reported. The outlet analyzed that the relative strength of the U.S. stock market, supported by the country's status as a net crude oil exporter, has helped Bitcoin hold its ground. BTC's correlation with U.S. tech stocks and the Nasdaq, which has deepened since the launch of spot ETFs and under the second Trump administration, is keeping it around the $67,000 level. In a recent report, JPMorgan also explained that as the world's largest net exporter of oil, the U.S. is relatively insulated from supply shocks originating in the Middle East, which has served as a buttress for its stock market. In contrast to the sharp declines in South Korean and Japanese markets following the conflict, S&P 500 and Nasdaq futures fell only about 3%. Many experts also believe that short-term selling pressure has subsided because BTC had already entered an oversold phase, dropping to near $60,000 before the Middle East conflict. However, CoinDesk added that concerns coexist that a prolonged period of high oil prices could increase inflation and consumer costs within the U.S.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.27% long, 49.73% short - Binance: 49.5% long, 50.5% short - OKX: 50.7% long, 49.3% short - Bybit: 51.07% long, 48.93% short

Group of Seven (G7) finance ministers are scheduled to discuss a joint release of strategic oil reserves with the International Atomic Energy Agency (IAEA), the Financial Times (FT) reported, citing anonymous sources. The FT added that the ministers are set to hold a conference call today, with three G7 member nations, including the United States, having already expressed support for the plan.

Australian crypto exchange BTC Markets has informed the Australian Securities and Investments Commission (ASIC) of its intention to apply for a license to offer trading services for tokenized real-world assets (RWA), Cointelegraph reported. The report noted that institutional players are increasingly active in the tokenization market, with major financial institutions like BlackRock, Goldman Sachs, and JPMorgan Chase launching tokenized financial products. Other crypto exchanges are also expanding their services in this area. Kraken launched its tokenized stock platform "xStock" last year, followed by its on-chain trading engine "xChange." Robinhood has also announced a tokenized stock trading platform for the European market.

According to CoinNess market monitoring, BTC has risen above $68,000. BTC is trading at $68,015.15 on the Binance USDT market.

Strategy could potentially raise $302 million by selling its perpetual preferred stock (STRC), giving founder Michael Saylor the capacity to purchase an additional 4,300 BTC, Cointelegraph reported. The outlet cited data from BitcoinQuant, which showed that the total trading volume for STRC has reached $777 million, with 97% of those trades occurring above the stock's par value of $100. Based on the assumption that MicroStrategy secured approximately 40% of this trading volume in actual proceeds, the company could raise around $302 million. This amount would be sufficient to purchase 4,334 BTC at a price range of $68,000 to $73,000.

Bitcoin could face additional selling pressure if the likelihood of a U.S. stock market collapse increases, despite its relatively stable performance, one analysis suggests. According to CoinDesk, prominent Wall Street bull Ed Yardeni has raised his probability of a U.S. stock market crash this year to 35% from a previous 20%. Conversely, he lowered the probability of a market surge to just 5%. Yardeni said the U.S. economy and stock market are in a difficult situation due to issues with Iran. He explained that a sustained oil price shock would confront the Federal Reserve with a difficult policy choice between the risk of rising inflation and the risk of increasing unemployment. However, Greg Cipolaro, head of research at crypto services firm NYDIG, noted that while BTC's price has recently tracked U.S. tech stocks, this is more a result of shared exposure to the current macro environment than a structural change in the asset. Cipolaro explained that statistically, only about 25% of BTC's price volatility follows stock market movements. The remaining 75% is determined by factors unique to the crypto market, such as ETF fund flows, shifts in derivatives positions, network adoption, and the regulatory environment.

The decentralized Zero-Knowledge (ZK) computing marketplace Boundless (ZKC) shared its achievements from the past eight weeks with its community. The project stated it is recording up to 100 times higher throughput than competing networks and has lowered proof costs to an all-time low. Boundless also launched the prove.wtf website, which allows users to check the real-time proof status of networks including Polygon, Unichain, Worldchain, and Base. Looking ahead, the project plans to integrate its ecosystem with large-scale projects that utilize ZK proofs, such as Citrea, Wormhole, and MegaETH, as it works to establish itself as a core ZK proof infrastructure.

StarCloud, a space data center startup backed by Nvidia, will launch its second spacecraft later this year to mine BTC in space, Cointelegraph reported.

U.S. spot Bitcoin ETFs recorded a total net inflow of $568 million last week, according to data from SoSoValue. During the same period, spot ETH ETFs saw a net inflow of $23.56 million.

U.S. President Donald Trump stated that the timing for ending the war with Iran will be decided in consultation with Israel, Wu Blockchain reported. He emphasized, however, that the United States will make the final decision.

The number of investment deals in the cryptocurrency market has dropped by half compared to the previous year, but the average deal size has grown, Cointelegraph reported, citing a Messari report. According to the report, the average funding round in the crypto market over the past year was $34 million, a 272% increase year-over-year. Last month, three deals alone accounted for 44% of the total $795 million invested. The report also noted that major venture capital firms, with the exception of Dragonfly Capital, have not been making new investments, and the industry is in urgent need of fresh capital. Some investors are reportedly turning their attention to the AI sector.

Cryptocurrency data analytics platform CoinGecko has named the top five projects with the most anticipated Token Generation Events (TGEs) for this year. The ranking is as follows: - Backpack: A Solana ecosystem crypto exchange - Polymarket: A prediction market - Metamask: A crypto wallet - Base: Coinbase's Layer 2 network - OpenSea: An NFT marketplace

Over the past 10 hours, the Ethena team and crypto market maker B2C2 deposited 6,500 ETH ($12.58 million) and 3,050 ETH ($5.89 million) to Binance, respectively, according to The Data Nerd. Deposits to exchanges are typically viewed as a precursor to selling.

Former U.S. Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo said American banks must secure regulatory clarity on cryptocurrencies to avoid being left behind in payments innovation. According to Cointelegraph, Giancarlo stated on a recent podcast that while the crypto market can grow amid regulatory uncertainty, the conservative banking sector cannot make multi-billion dollar investments without clear rules. He warned that if the pending CLARITY Act on crypto market structure does not pass the Senate, the U.S. banking sector could cede its leadership in the payments market to Europe and Asia. Giancarlo explained that if the bill fails, regulators might establish their own rules, but this would be unlikely to provide the same level of certainty as legislation.

24-hour crypto futures liquidations The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $151.40 million liquidated (76.12% longs) - ETH: $66.10 million liquidated (56.95% longs) - SOL: $19.58 million liquidated (79.04% longs)

According to CoinNess market monitoring, BTC has risen above $67,000. BTC is trading at $67,048.89 on the Binance USDT market.

South Korea's ruling Democratic Party and the Financial Services Commission (FSC) have agreed to diversify the range of entities eligible to issue stablecoins, moving away from a purely bank-centric model, News1 reported. The FSC had previously considered a plan, reflecting the Bank of Korea's opinion, that would have required banks to hold a controlling stake of over 50% in any stablecoin-issuing consortium. However, the Democratic Party and the local crypto industry opposed the measure, raising concerns that it would stifle innovation. The two sides have now reportedly reached a compromise to expand the types of permitted issuers. This plan is not yet final, and further consultations between the government and the ruling party are expected.

The average transaction fee on Ethereum has fallen 99% from its peak in November 2021, Cointelegraph reported, citing data from Token Terminal. According to Etherscan, the current transaction fee is 0.037 gwei, or less than $0.01. Gwei is the smallest denomination of ETH used for transaction fees, commonly known as gas fees, with one gwei representing one-billionth of an ETH.

A circuit breaker has been triggered on the South Korean stock market after the Kospi index plummeted by more than 8%. All trading on the index will be halted for 20 minutes.

South Korea's opposition People Power Party has argued that proposed regulations limiting major shareholder stakes in digital asset exchanges could result in reverse discrimination, Edaily reported. Speaking at a seminar on digital asset industry development today, People Power Party Leader Jang Dong-hyeok said that while top global exchanges lead the market through innovative investment and swift decision-making, artificially restricting ownership structures would undermine responsible management and could cause an outflow of talent and capital. Previously, it was reported that the ruling Democratic Party and South Korea’s Financial Services Commission were considering a 15-20% ownership cap for exchanges. If the limit is applied, major domestic exchanges may be forced to sell off their majority shareholders' stakes.