👋 Welcome to the CoinStats Scoop, your weekly newsletter with the most groundbreaking Web3 innovations and market-moving headlines in the crypto space.

Stay in the loop with all the key market moves, emerging trends, and exciting developments in the crypto space from the past week.

Cryptocurrency markets were shaken by the ongoing tensions in the Middle East, after Israel launched coordinated strikes on Iran on February 28, leading to widespread retaliatory attacks across the region ⚡.

However, war-driven inflationary concerns pushed Bitcoin to a weekly high of $69,800, as analysts pointed to a technical rebound amid a surge in large-investor interest in the world’s only non-sovereign wealth asset.

Institutional demand also stepped in, as Bitcoin exchange-traded funds (ETFs) amassed $1.5 billion in investment in five days, while speculators piled in with bets of a Bitcoin breakout above $70,000, which failed to materialize by a small margin.

However, Bitcoin treasury strategists continue betting on the long-tail success of the asset, as Strive’s VP of Strategy, Joe Burnett, predicted that AI-driven technological deflation will bolster Bitcoin’s price to $11 million by 2036 🤖.

For holders, the setup is clear. For new investors looking to gain Bitcoin exposure, the ongoing Middle Eastern conflict may still provide some more discounted spot buying opportunities in the near term, as military strategists say that a resolution to the crisis is still improbable.

In this week’s CoinStats Scoop, you’ll find:

📊 Crypto Market Analysis And The Most Important News In Web3

🚀 Bitcoin Surges as Disinflationary Hedge Amid ‘World War 3’ Concerns

⚖️ Crypto Industry Blames Jane Street for Alleged Market Manipulation

🏛️ Senate Bill Proposes CBDC Block in the United States Until 2030

📝 FTX Trial 2.0: Judge Sets Key Deadline for SBF’s Motion for Trial

🔮 Analysis And Key Events That Will Shape The Crypto Market Next Week

Bitcoin Surges as Disinflationary Hedge Amid ‘World War 3’ Concerns 🚀

Bitcoin’s price logged a significant recovery this week, as large investors flocked to the world’s first non-sovereign, decentralized cryptocurrency, while the geopolitical situation in the Middle East continued to escalate.

On February 28, Israel launched coordinated strikes on Iranian targets, including sites around Tehran. Iran retaliated through swift air and missile strikes across the region, including Qatar, the United Arab Emirates, Saudi Arabia, Bahrain, and Kuwait.

Following the attack, social media mentions of a possible “World War 3” surged to a yearly high among crypto investors, showing the damaging effect of the conflict on risk appetite, data from Santiment shows 📊.

Bitcoin price soared to a weekly high of $69,800 on March 2, surging 10.7% from the $63,000 low registered on Feb. 28, after the shockwaves of the first Israeli strikes on Iran, according to CoinStats data.

The reason behind Bitcoin’s resilience was due to markets already pricing in the risk associated with the conflict, wrote analytics platform 10x Research:

✍️ “Technically, Bitcoin has struggled to extend losses despite substantial position unwinding, and a bullish divergence is emerging as the Relative Strength Index trends higher while price consolidates. As long as RSI continues to rise, downside momentum may stall…”

In another silver lining for investors, a de-escalation in the conflict could set up Bitcoin and risk assets for a crucial “tactical rebound,” but a joint resolution remains unlikely in the near term 🌐.

Crypto Industry Blames Jane Street for Alleged Market Manipulation ⚖️

Cryptocurrency investors started pointing fingers at quantitative trading firm Jane Street for manipulating Bitcoin’s price after a new lawsuit emerged.

Earlier this week, Terraform Labs sued Jane Street for insider trading that led to the $40 billion collapse of algorithmic stablecoin protocol Terra-Luna, which triggered the previous crypto winter ❄️.

Following the insider trading lawsuit, crypto investor Justin Bechler accused Jane Street of systemic Bitcoin price suppression at 10 a.m. Eastern time daily for the past 4 months leading into the bear market.

“Every trading day at 10 am Eastern, coinciding with the U.S. stock market open, Bitcoin experienced sudden and sharp sell-offs. The drops were precise, algorithmic, and wildly disproportionate to broader market conditions,” wrote Bechler.

✍️ “The 10 am pattern resumed in Q3 2025. By December, it was back with full force. Basically, the 10 am dumps stopped the moment Jane Street had lawyers looking over its shoulder, and started again when the heat died down.”

While Jane Street’s crypto market suppression remains unproven, others pointed to the quantitative trading firm’s prior fines to settle manipulation allegations.

Last year, Jane Street was banned from India’s stock market for allegedly manipulating a national index after authorities seized $570 million from the trading firm 🇮🇳.

Senate Bill Proposes CBDC Block in the United States Until 2030 🏛️

A new amendment to a key Senate bill proposes that the United States ban the creation of a central bank digital currency (CBDC), seeking to alleviate financial privacy concerns caused by CBDC pilot programs seen in other regions.

The amendment to the Federal Reserve Act aims to ban the issuance of a CBDC until the year 2030, according to a new addition published by the Senate Committee on Banking, Housing, and Urban Affairs on March 2.

The White House also made a statement in favor of the new proposition, supporting a ban on CBDCs to avoid the technology’s “threats to privacy and liberty” 🔒.

However, the sought ban on CBDC issuance would expire on December 31, 2030, and would need the passage of new legislation to extend the prohibition.

In another pro-crypto development, the bill outlined an exception for stablecoins, stating that the Fed “shall not prohibit any dollar-denominated currency that is open, permissionless, and private,” as long as it maintains the “privacy protections” of the physical dollar 💵.

FTX Trial 2.0: Judge Sets Key Deadline for SBF’s Motion for Trial 📝

The US government’s lawyers have two weeks to respond to Sam Bankman-Fried’s motion to launch a new criminal trial, according to the latest developments of the FTX case.

In a Feb. 25 filing, New York District Judge Lewis Kaplan ruled that the US government’s attorneys have until March 11 to respond to the former FTX CEO’s motion for a new trial.

SBF requested the new criminal trial earlier in February, citing the revelation of new witness testimony that was previously silenced during his legal proceedings 🔍.

During a previous court filing, SBF claimed that the Biden administration’s Department of Justice (DOJ) has silenced key witnesses during the fraud case, including the former head of data science at FTX, Daniel Chapsky ✍️.

In a declaration made in July 2023, Chapsky said his attorneys “strongly advised“ him not to testify as he would be exposed to “media attacks and face potential retaliatory action by the prosecution.“

Through the new criminal trial, SBF is seeking to prove that FTX was, in fact, in good financial standing when it filed for bankruptcy in November 2022, leading into a brutal crypto winter.

Market Overview: Analyst Predicts $11 Million BTC Price by 2036, as Bitcoin Shrugs Off War Concerns 💹

Cryptocurrency markets logged a surprising recovery this week, as the Middle Eastern conflict inspired a new wave of appetite for Bitcoin as a non-sovereign, decentralized asset.

Bitcoin was 0.7% away from recovering above the $70,000 psychological mark, while Ether’s price surged 6% above the key $2,000 threshold, according to CoinStats data.

Institutional demand through Bitcoin exchange-traded funds (ETFs) saw a significant resurgence, bringing $1.5 billion worth of inflows in the five trading days leading up to March 3.

Bloomberg ETF analyst Eric Balchunas called the phenomenon the “biggest haul in a while,” highlighting a significant achievement from “boomers” after BTC’s over 50% drawdown from the all-time high of $125,000 📈.

A significant part of the rally was driven by “strong buying from US investors,” which pushed the Coinbase premium to its most positive reading since mid-October 2025, wrote CryptoQuant’s head of research, Julio Moreno 🇺🇸.

Yet, excluding Bitcoin and Ethereum, the rest of the digital asset market is still struggling to gain momentum, as 38% of all altcoins were near their all-time lows (ATL), in a worse setup than the period after the $8.9 billion crash of the FTX exchange.

✍️ “In fact, this represents the largest regression of altcoins observed during this cycle,” wrote CryptoQuant analyst Darkfrost in a March 3 report.

Looking ahead, the $70,000 support remains a significant barrier to cross for Bitcoin, which will hold the key for any potential upside, barring more geopolitical escalations ⚡.

Speculators made significant leveraged bets for a breakout above $70,000, which failed to materialize this week, but showed unhinged conviction. The development resulted in the largest daily increase in perpetual open interest since July 2025, noted Glassnode.

Despite the macro shocks, popular analysts continue making bullish Bitcoin predictions for the next decade 🚀.

Earlier this week, Joe Burnett, the vice president of strategy at Bitcoin treasury company Strive, shared his insights on how artificial intelligence-driven technological deflation will lead to endless monetary printing, bolstering Bitcoin’s price to $11 million in the first quarter of 2036.

“My base case for Q1 2036 is $11 million per Bitcoin,” wrote Burnett in the report, explaining 💹:

“At that price, Bitcoin’s network value would be approximately $230 trillion. Global financial assets today exceed $1,000 trillion. If global wealth compounds at 7% annually for the next decade, total global financial assets would grow to roughly $1,970 trillion by 2036. In that context, a $230 trillion bitcoin network would represent approximately 12% of global financial assets.”

Tweets & Memes

Insider trading at its finest, as investigators expose other insiders…🔎

Governments need to leave crypto wallet management to degens before they lose everything 💼.

Blatant DeFi exploiter is still on a roll. Will investigators finally catch on? 🚨

DeFi lending is still skyrocketing during the bear market. Real use cases outshine price moves 📈.

Is this another memecoin meltdown in the making 🐸 ?

It’s not looking good for some large investors…💸

Thank you for reading the weekly CoinStats Scoop Newsletter.

CoinStats will continue to guide you through the world of crypto and DeFi. We’ll see you next week for another edition of CoinStats Scoop! 😎