Hong Kong Moves to Allow Crypto Perpetual Trading

Beyond Islamic teachings, Iran needs Bitcoin

Author: Zen, PANews The global spotlight is on Iran and the Persian Gulf. The outside world often discusses Iran through two main narratives: military and regime risks, and energy and shipping disruptions. Mainstream media's immediate reports focus on military actions, oil and gas facilities, the Strait of Hormuz, and sharp fluctuations in financial markets. But beneath these grand narratives, if you zoom in on cities like Tehran, Mashhad, and Avaris and look at individual ordinary people, you'll find that during times of heightened tension, the most important things are life and asset safety. After the US and Israel launched the attack, the outflow of assets from Iran's largest cryptocurrency exchange, Nobitex, surged by approximately 700% within just a few minutes. A Chainalysis report also confirmed that within hours after the attack, the hourly trading volume of crypto assets within Iran rapidly increased.

Bank failures, war conflicts: Iran's $7.8 billion cryptocurrency "shadow economy" becomes the focus again

As the US-Israel coalition's military actions against Iran escalate, Iran's "shadow economy" becomes a focal point. Iran has legalized Bitcoin mining and is utilizing cheap electricity for mining to bypass US dollar sanctions, with the mining scale potentially reaching $7.8 billion and being heavily relied upon by the military. The rial has depreciated by over 96%, and the stablecoin USDT has become a new tool for trade, while the public is turning to Bitcoin to protect their assets.

Polymarket China, Iran "Information Battlefield": Over $500 million in bets, mysterious accounts enter precisely, sparking insider allegations

With the US and Israel conducting airstrikes on Iran, the prediction platform Polymarket has become an instant market, with trading volume exceeding $500 million, attracting a large number of traders. Profiters and losers coexist, and allegations of insider trading have also emerged, sparking debates over market transparency and ethics. This event highlights the advantages and disadvantages of prediction markets.

Iranian conflict未抑制 buying interest! Bitcoin spot ETF inflows of $458 million in a single day

Amid military strikes by the United States and Israel against Iran, the US Bitcoin spot ETF attracted a net inflow of $458 million, pushing Bitcoin prices close to $70,000. Institutional investors believe that geopolitical risks are short-term shocks, with market leverage levels declining, and no systemic risk being triggered. The options market also shows a calm atmosphere, reflecting traders' preference for short-term hedging rather than long-term bearishness.

Gate Research Institute: NEAR Surges Over 39%, Polygon Transaction Fees Remain High | Gate VIP Weekly Report (February 23 – March 1, 2026)

Last week, the market was affected by the US-Iran conflict, leading to increased volatility in gold, oil, and the crypto markets. BTC experienced fluctuations during the correction, ETH performed relatively weakly, and NEAR rose approximately 39.62%. Fund flow data indicates market rebalancing, with Polymarket driving up Polygon transaction fees. The report will provide an in-depth analysis of trends and market data.

Gate CBO Kevin Lee: Oil prices move first, inflation follows, and the central bank's path is the ultimate variable

Kevin Lee analyzes the impact of geopolitical conflicts on the market in the article, emphasizing that conflicts do not change the fundamental logic of the market; the key lies in their impact on inflation and central bank policies. In the short term, oil and gold experience significant fluctuations, but if energy supplies remain stable, the market will gradually recover. In the long run, inflation data and policy expectations are more important, and emotional decision-making incurs high costs. Understanding market patterns is crucial for managing volatility.