According to DB News, the DOJ is cleared to sell 69,370 $BTC($6.58B) confiscated from Silk Road.

**March 6th** Bitcoin recently rebounded to ~$74,000 before pulling back to around $70,000, sparking a sharp split in the market over whether a phase top has formed at these levels. Bearish analysts draw parallels to Bitcoin’s 2022 bear market midterm structure. Data shows that following its October 2025 high of $126,000, the token hit a rebound peak roughly 149 days later—a time window matching the prior two cycles. Some traders argue this current rally is a liquidity-fueled bull trap, forecasting further downside to below $60,000, potentially testing the liquidity-dense zone between $62,000 and $65,000. Conversely, bullish analysts contend a phase bottom has formed near $60,000. Unlike 2022, this pullback failed to break below the 200-week Exponential Moving Average (EMA), instead retracing before rebounding—signaling a stronger market structure. They cite ongoing institutional inflows via spot ETFs and tightening supply as key supports. Bulls add that as long as the criti

On March 6, the Bank of Canada wrapped up Project Samara—a pilot tokenized bond initiative—with several major Canadian banks to test the feasibility of issuing, trading, and settling bonds on a distributed ledger. For the pilot, Export Development Canada (EDC)—Canada’s official export credit agency—issued a 100 million Canadian dollar (≈$73 million USD) bond maturing in under three months, selling it to a small group of institutional investors. Participants also included RBC Dominion Securities, RBC Investor Services Trust (both Royal Bank of Canada units), and TD Securities (a Toronto-Dominion Bank division). Test results showed a single blockchain platform can support a bond’s full lifecycle—from issuance and bidding to coupon payments, secondary market trading, and maturity redemption. The pilot also tested on-chain settlement using the Bank of Canada’s wholesale digital Canadian dollar, allowing funds and bonds to settle on the same ledger. The pilot launches amid Canada’s

March 6 — CCTV News: A spokesperson for the Iran-backed armed group Kata'ib Hezbollah’s Central Command said a U.S. oil tanker was attacked in waters near the Kuwaiti border and is currently ablaze. The U.S. and Kuwait have not responded to the incident yet, per FX168.

March 6: Per Arkham’s monitoring, a BlackRock ETHA address has deposited 12,397 ETH (valued at $25.59 million) to a Coinbase Prime address.

On March 6, West Texas Intermediate (WTI) crude oil jumped to $85 a barrel—marking its first time at that level since April 2024—with a 7.7% intraday surge. Brent crude rose 5% in intraday trading and was last trading at $86.53 a barrel.

March 6th — Cryptocurrency trading firm QCP Capital released its latest weekly market recap, noting that while geopolitical events dominated global markets this week, the real driver of trend shifts was inflationary pressure from rising oil prices. The report noted the market initially showed typical risk-off sentiment but quickly shifted to an “inflation overlay” pattern: rising energy costs pushed up interest rate expectations, U.S. Treasuries failed to deliver their usual safe-haven appeal, the U.S. dollar stayed strong, and volatility picked up during Asian trading sessions. In crypto markets, Bitcoin held relatively steady early in the week before surging Thursday, fueled by strong spot ETF inflows and a jump in futures open interest. However, as macro volatility picked back up, those gains later pared. QCP noted the key factor to watch for markets ahead is the direction of energy prices: if oil continues climbing, interest rates may remain high, pressuring risk assets; i