According to JPMorgan analysts, investor behavior has notably changed during the Iran-related conflict. While traditional safe-haven assets like gold and silver faced significant outflows, Bitcoin (BTC) demonstrated stronger resilience and performance. This shift highlights the growing role of digital assets as an alternative store of value during times of crisis.

The report reveals that approximately $11 billion exited gold ETFs خلال the first three weeks of March, while all previous inflows into silver since last summer have been wiped out. In contrast, Bitcoin recorded net inflows over the same period, clearly signaling a shift in investor preference. Analysts also noted that gold lost around 15% of its value this month, prompting profit-taking among investors.

On both retail and institutional fronts, similar trends are emerging. In Iran, users are reportedly moving funds from local platforms to personal wallets and international markets, driven by Bitcoin’s borderless and 24/7 nature. Meanwhile, futures market data indicates declining institutional interest in precious metals, while Bitcoin positions remain relatively stable and resilient.

Gold Out, Bitcoin In: JPMorgan Declares the Winner of War-Time Markets

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Investors are shifting from gold to Bitcoin during escalating geopolitical tensions, with nearly $11 billion flowing into digital assets amid the war environment.

Bitexen Global Prod

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The New York Stock Exchange (NYSE) stated that blockchain technology will not replace the existing financial system but will instead integrate into it through a gradual transformation.

NYSE Product Manager Jon Herrick emphasized that blockchain should be positioned as a complementary layer rather than a competing alternative to traditional financial infrastructure. According to him, the goal is to preserve the strengths of the current system while incorporating the efficiency and innovation offered by digital assets.

Speaking at the Digital Asset Summit in New York, Herrick underlined the importance of regulation, clearing systems, and investor protection. He noted that blockchain and traditional finance are expected to converge over time, with tokenization of assets like stocks and funds playing a central role in this transition.

Tokenization is expected to enable real-time settlement, 24/7 trading, and broader global access. Meanwhile, investments by NYSE’s parent company, Intercontinental Exchange, signal growing momentum in this space. Herrick concluded that whether an asset is tokenized or not may eventually become irrelevant, as the transformation will unfold gradually and steadily.

NYSE Signals a Shift: Blockchain Will Integrate Into Finance, Not Disrupt It

NYSE says blockchain will evolve by integrating into the existing financial system rather than replacing it.

Spot Bitcoin ETFs recorded $171 million in net outflows, while Ethereum ETFs saw $92.54 million in net outflows.

In the U.S., Fannie Mae announced that crypto assets can be used as collateral for mortgage loans through Coinbase.

According to JPMorgan, Bitcoin inflows and network activity increased during geopolitical tensions, while gold ETFs saw outflows.

MARA Holdings sold 15,133 Bitcoin to generate approximately $1.1 billion in funding to reduce its debt.

Bitcoin is trading at $68,436, while Ethereum is trading at $2,060.
The Fear & Greed Index stands at 28.


Morning Bulletin - 27.03.2026

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Click to read our Morning Bulletin, which summarizes the latest situation of the markets at the start of the day and includes all the developments that will take place during the day!

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One of the most influential figures in the crypto industry, Michael Saylor emphasized that Bitcoin should not be viewed merely as an investment asset but as a foundational layer of technology. According to him, Bitcoin needs to be embedded across smartphones, operating systems, and financial platforms, enabling it to become a core component of everyday digital life.

Saylor described Bitcoin as a “financial battery,” suggesting it could fundamentally reshape how value is stored and transferred over time. In this model, Bitcoin-powered financial products could offer greater durability and sustainability compared to traditional systems, positioning the asset as a long-term pillar of the digital economy.

Highlighting its potential impact on insurance, Saylor stated that Bitcoin-based systems could increase payouts by 5 to 10 times while significantly reducing costs. He added that such a transformation could extend policy durations and improve financial accessibility, reinforcing the idea that Bitcoin may become a central force in the future of global finance.

Michael Saylor’s Bitcoin Vision: Coming to Smartphones, Set to 10x Finance

Michael Saylor argued that integrating Bitcoin into every smartphone and financial application could trigger a major transformation in the global financial system.

The company stated that the proceeds will be used to repurchase its convertible notes due in 2030 and 2031. Completed between March 4 and March 25, the transactions aim to strengthen MARA’s balance sheet and improve its resilience against market volatility.

Earlier in March, MARA updated its digital asset management policy, allowing it to sell not only newly mined Bitcoin but also assets held on its balance sheet. With this strategic shift, the company reduced its total debt by around 30% to approximately $2.3 billion.

MARA also repurchased its notes at roughly a 9% discount, generating about $88.1 million in savings. CEO Fred Thiel emphasized that this move will accelerate growth not only in mining but also in areas such as artificial intelligence and digital energy infrastructure.

Bitcoin Mining Giant MARA Sells $1.1 Billion in BTC: Cuts Debt, Shifts Focus to AI

MARA Holdings, one of the world’s largest Bitcoin mining companies, sold 15,133 BTC for approximately $1.1 billion to reduce its debt and shift toward new growth areas focused on artificial intelligence.

Franklin Templeton has launched tokenized ETFs that can be traded 24/7 via crypto wallets.

Spot Ethereum ETFs saw a net outflow of $8.51 million, while spot Bitcoin ETFs recorded a net inflow of $7.81 million.

U.S. CFTC Chairman Mike Selig said progress is being made on crypto regulations and that the Clarity Act is expected soon.

NYSE Arca announced that Morgan Stanley’s Bitcoin ETF will be listed under the ticker MSBT.

Amid rising U.S.-Iran tensions, commodity trading on Hyperliquid HIP-3 surged, reaching a record $5.4 billion in volume on March 23.

Bitcoin is trading at $70,021, while Ethereum is at $2,117.

The Fear and Greed Index stands at 32, indicating a state of fear.


Morning Bulletin - 26.03.2026

Recent insights from BlackRock’s digital assets division highlight a clear shift in institutional investor behavior. Instead of building broad altcoin portfolios, investors are becoming more selective and focusing on established assets like Bitcoin and Ethereum. The growing belief that many tokens fail to deliver long-term value is accelerating this transition.

According to these assessments, the real growth potential in crypto lies not in newly launched projects but in integration with artificial intelligence. AI systems using crypto assets for transactions could transform them from speculative instruments into core components of the digital economy. This signals a future where technology plays a central role in financial infrastructure.

This transformation is also impacting the mining sector. Major mining firms are adapting their data centers to support AI workloads, creating more diversified and stable revenue streams. At the same time, Bitcoin’s role as a portfolio stabilizer is becoming more prominent amid global uncertainty, while institutional capital continues shifting toward technologically integrated, mainstream digital assets.

BlackRock Warns: Artificial Intelligence Will Shape the Future of Crypto

Artificial intelligence, rather than altcoins, is expected to become the main driver shaping the next phase of the crypto market.

Former PayPal president and current Lightspark CEO David Marcus highlighted Bitcoin’s (BTC) role in the global financial system. He emphasized that Bitcoin offers a strong alternative through its decentralized and borderless nature, positioning it as a response to weaknesses in traditional finance.

According to Marcus, Bitcoin’s core strength lies in its mining-based security model. The use of energy and cryptography ensures network integrity while its limited supply creates long-term value for investors. He noted that this structure makes Bitcoin resilient against external intervention and financial manipulation.

At a time when inflation continues to impact economies worldwide, Marcus pointed out that Bitcoin’s deflationary design makes it a critical store of value in the digital age. He added that Bitcoin is not only relevant for individual investors but also represents a broader alternative for global financial stability, maintaining its position despite ongoing pressure from traditional systems.

Former PayPal President: Bitcoin Is the Only Cure for Inflation

David Marcus stated that Bitcoin remains the only real solution to inflation and has maintained its strength despite pressure from modern financial systems.

Spot Bitcoin ETFs saw net outflows of $66 million, while Ethereum ETFs recorded $40 million in net outflows.

BitMine made an additional purchase on top of its regular buying, reaching about 3.8% of total Ethereum supply and completing a large portion of its 5% target.

CFTC Chairman Michael S. Selig announced a new initiative to enable more direct communication between developers and regulators.

The U.S. crypto bill “Clarity” is said to be nearing completion.

Bitcoin is trading at $71,041 and Ethereum at $2,170.

The Fear and Greed Index stands at 35, indicating a fear level.


Morning Bulletin - 25.03.2026

The Bitcoin network recently experienced a short-lived fork as mining pools produced blocks almost simultaneously. At block heights 941,881 and 941,882, the chain built by Foundry USA Pool outpaced competing branches and became the main chain, while rival blocks were marked as stale.

This situation occurs naturally when multiple miners find valid blocks at nearly the same time. By design, Bitcoin always recognizes the chain with the most accumulated proof of work as valid. Foundry’s higher hashrate allowed it to mine consecutive blocks faster, effectively overtaking competing chains.

Although two-block reorganizations are relatively rare, they do not pose a risk to the network. Transactions included in stale blocks are either already confirmed in the winning chain or returned to the mempool to be processed again. The event ultimately demonstrates that Bitcoin’s decentralized consensus mechanism continues to function exactly as intended.

Rare Event on Bitcoin Network: Two-Block Reorganization Occurs

A rare two-block reorganization on the Bitcoin network highlighted once again how the system reliably selects the strongest chain.

The published analysis outlines how Ethereum plans to scale and improve user experience in the coming years. Authored by Josh Rudolf, Julian Ma, and Josh Stark, the paper introduces a “North Star” vision focused on building a secure and cohesive ecosystem. This signals a shift away from today’s fragmented structure toward a more coordinated network.

Under the new strategy, Layer 1 will continue to serve as the global settlement layer and the core of decentralized finance. Meanwhile, Layer 2 solutions will evolve beyond simple scaling tools into specialized platforms offering tailored services. The transition toward more advanced and secure “enshrined rollup” models is also encouraged.

The Foundation also prioritizes solving fragmentation across the multi-chain ecosystem. By increasing capacity and improving cross-network interactions, Ethereum aims to deliver a seamless experience where users can operate without dealing with complex technical processes, ultimately functioning as a single unified platform.

Ethereum Unveils Strategic Roadmap: L1 and L2 to Evolve into a Unified Ecosystem

The Ethereum Foundation’s new roadmap aims to transform Layer 1 and Layer 2 from competing structures into a single integrated system.


Strategy aims to expand its Bitcoin purchases with a $42 billion plan and has increased its holdings to over 762,000 BTC by adding another 1,031 BTC.

Spot Bitcoin ETFs started the week with strong inflows of $167 million, ending a three-day outflow streak, while Ethereum ETFs saw net outflows of $16.18 million.

A new venture capital firm called 5c(c) Capital is being launched, backed by the CEOs of Polymarket and Kalshi, to invest in companies focused on prediction markets.

According to Strategy’s CEO, the spot Bitcoin ETF applied for by Morgan Stanley could generate demand of up to $160 billion.

Statements from Trump and Iran throughout the day increased market volatility. Trump announced that they had held talks with Iran and reached an agreement, delaying potential attacks by five days. Iran later denied any talks took place and claimed Trump acted this way to influence prices.

Bitcoin emerged as the winner of the process, trading higher than its level before all the statements.

Bitcoin is trading at $71,034 and Ethereum at $2,132.

The Fear and Greed Index stands at 34, indicating fear.

Developments expected during the day:

Toncoin (TON): Tokens equivalent to approximately 0.72% of the circulating supply will be unlocked.

General Crypto Event: The Digital Asset Summit 2026 will be held in New York.
