Polymarket to Allow Users to Bet on 'S&P 500' Price Movements

March 9 – Bitget market data shows U.S. stock markets opened sharply lower Wednesday, with the Dow Jones Industrial Average falling 1%, the S&P 500 down 0.87% and the Nasdaq Composite off 0.86%. Cryptocurrency-related stocks were mostly higher, with notable moves including: Coinbase (COIN) up 2.27%, Circle (CRCL) +8.5%, MicroStrategy (MSTR) +2.96%, Gemini (GEMI) +1.68%, Bit Digital (BTBT) +2.91%, SharpLink Gaming (SBET) +2.45%, Bit Digital (BTBT) +0.31%, ETHZilla (ETHZ) +0.17%, ALT5 Sigma (ALTS) +0.72%, American Bitcoin (ABTC) +0.92%. Decliners included Kindly MD (NAKA) down 4.9% and Solana Co (HSDT) off 1.37%.

**March 9th On-Chain Update: Bitcoin Reaches 20M BTC Mined Milestone** On-chain metrics confirm Bitcoin has hit a major milestone: over 20 million BTC have been mined, 17 years and two months after its genesis block launched in January 2009. The mark was reached at block height 939,999, with the current block reward sitting at 3.125 BTC. Last November, the network already topped 95% of its total supply. Through multiple halving cycles, new supply issuance has slowed steadily—fewer than 1 million BTC remain unmined, eventually pushing miners to rely entirely on transaction fees. The next halving is slated for April 11, 2028. Each halving cuts issuance further, so remaining BTC will be mined at an ever-slower rate. Analysts project the final 1 million BTC will take more than a century to mine, with the smallest unit—satoshis—set to be fully issued around 2140.

**March 9 (Reuters) – JPMorgan’s trading division warned Monday that a potential Iran conflict could trigger a 10% pullback in the S&P 500 from its peak, with U.S. stock traders unprepared for such a downturn.** Andrew Tyler, chief of JPMorgan’s Global Market Insights, said he has turned tactically bearish on U.S. equities as the Middle East conflict escalates without signs of easing and oil prices surge above $100 a barrel. A 10% pullback would push the S&P 500 to around 6270 points—roughly 7% below last Friday’s close, he noted. Tyler added investors’ current positions are “overall neutral, lacking extreme risk-off positioning” because traders had expected the situation to de-escalate. Energy stocks saw net selling last week, but oil prices jumped past $100 after several Gulf nations announced production cuts, stoking concerns over a long-term supply shock and stagflation risks. Should the conflict prove short-lived, the risks could fade quickly, Tyler said. “Once a clear pa

On March 9, Goplus monitoring showed that NFT liquidity platform gondixyz was compromised due to a vulnerability, resulting in the theft of multiple NFTs with estimated losses of around $230,000. In a statement, gondixyz officials advised users not to repay loans until the team confirms the platform is secure. They also recommended users immediately revoke approvals for affected contracts via Revoke.cash and refrain from initiating any new activities on the platform.

On March 9th, Bloomberg ETF analyst Eric Balchunas took to social media to note that tokenization won’t replace ETFs—but it will democratize them. This is a bullish development: it will bring the world’s most popular ETFs onto the blockchain, making them accessible to people in underserved countries.