On Saturday, crypto outflows from Iran's largest exchange Nobitex jumped more than 700% to over $500,000 within minutes of US and Israeli airstrikes on Tehran, later nearing $3 million in a single hour. Elliptic linked the spike to possible capital flight as funds moved to overseas exchanges, while TRM Labs argued the broader crypto ecosystem in Iran is instead slowing amid severe internet blackouts. The turmoil follows a major Iranian bank collapse, mounting risks for several other lenders, and an $81 million hack at Nobitex in June.

Bitcoin is trading in a weaker technical position after losing key support zones and major moving averages, increasing the risk of further selling. Shiba Inu remains in a bearish trend but is displaying a hidden bullish divergence on momentum indicators, while XRP has broken its rising trendline around the $1.30 area, undermining the earlier recovery structure. Overall market conditions suggest fragile sentiment, thin liquidity near support and elevated volatility potential.

CME Group has introduced cash-settled futures contracts linked to Cardano (ADA), Chainlink (LINK), and Stellar (XLM), with trading on these products beginning on February 9. With these additions, the exchange now lists futures on seven leading crypto assets, a set it estimates reflects more than 75% of total cryptocurrency market value. The firm also reported an average daily volume of 278,300 crypto derivatives contracts in 2025, equivalent to about $12 billion in notional value, and plans to launch a Nasdaq CME Crypto Index futures product on March 16, subject to regulatory approval.

Core Scientific reported fourth-quarter revenue of $79.8 million, down from $94.9 million a year earlier, as bitcoin mining income fell to $42.2 million from $79.9 million. At the same time, colocation services revenue increased to $31.3 million from $8.5 million, supported by an expansion of high-density infrastructure. The company ended the year with $533.4 million in liquidity but posted a negative adjusted EBITDA of $42.7 million, and its shares slipped slightly in after-hours trading.

On March 1, Ripple Labs released 1 billion XRP from escrow in three transactions worth about $1.377 billion, while the token ended February with a 16.45% monthly price decline. Over the same weekend, Solana led major cryptocurrencies with an 11% rebound to an intraday high of $88.89 after a $500 million liquidation event, and Elon Musk amplified a viral thread comparing Anthropic and its CEO Dario Amodei to FTX and Sam Bankman-Fried.

Riot Platforms reported that its revenue reached a record $647.4 million in 2025, up from $376.7 million in 2024, as it accelerated its shift into artificial intelligence and high-performance computing infrastructure. The bitcoin miner produced 5,686 BTC in 2025, holds over 18,000 bitcoin, and has begun generating revenue from a data center lease with AMD, while its average mining cost rose to $49,645 per bitcoin.

The global cryptocurrency market gained more than 5% within 24 hours, lifting total capitalization to $2.36 trillion as major assets advanced. Bitcoin traded above $69,000, while Ethereum, Solana, BNB, and XRP also logged notable daily and weekly increases. Hourly data showed some cooling in parts of the market, but overall momentum across large caps remained positive.

On March 2, 2026, Senator Bernie Sanders and Representative Ro Khanna outlined a bill to introduce an annual 5% federal wealth tax on individuals with more than $1B in net worth. The proposal projects $4.4T in new revenue over ten years, which would be directed toward cash payments to lower-earning households, healthcare funding, expanded Medicare, and a national minimum salary for public school teachers. The plan also situates the U.S. debate within wider global moves on taxing unrealized gains, including a February decision in the Netherlands and a possible California ballot measure.