U.S. CPI: +2.9% YEAR-OVER-YEAR (EST. +2.9%); U.S. CORE CPI: +3.2% YEAR-OVER-YEAR (EST. +3.3%)

March 7 — Per Onchain Lens monitoring, a wallet linked to MakerDAO founder Rune Christensen has deposited 4 million USDC into HyperLiquid and opened long positions in CL (20x leverage) and BRENTOIL (7x leverage) on trade.xyz.

March 7th, Maelstrom co-founder Arthur Hayes told reporters in an interview that investors may be underestimating the risk of escalating or prolonged conflict right now. “I don’t think global markets have fully priced in the possibility of a long-term U.S.-Iran war,” he said. If energy supplies are disrupted, a chain reaction could ripple through: oil price spikes, inflationary pressures, and increased market volatility would hit the global economy. Hayes also noted another major disruptive force quietly brewing: an AI-related crisis. He argues AI could rapidly reshape the labor market by displacing swaths of knowledge workers—including lawyers, bankers, accountants, and analysts. If this shift happens fast and households struggle to pay down existing debt, it could spark a widespread credit crisis. Ultimately, Hayes says the global financial system consistently responds to crises by injecting liquidity. “Bitcoin is essentially just a liquidity smoke alarm,” he stated.

On March 7, cryptocurrency market analyst Axel reported that Bitcoin has seen net outflows from exchanges over the past seven days, totaling 47,700 BTC—marking a new annual high for single-week outflows. Between February 27 and March 5, daily net Bitcoin outflows were: -2,867, -1,205, -251, -6,129, -1,819, -31,900, and -3,478 BTC. The largest single-day move was on March 4, with 31,900 BTC flowing out—typically linked to large entities transferring to cold wallets, and potentially reflecting institutional internal transfers. Sustained net outflows from exchanges typically signal weakening selling pressure in the spot market. If Bitcoin continues to see net outflows over the next 3-5 days without significant inflows, this will confirm a "sustained accumulation" signal. Additionally, the annual stablecoin net flow chart shows a large net inflow of roughly $1.1 billion in early March, which quickly reversed to net outflows; the current reading stands at -$37.5 million. Axel no

March 7 – Per the Financial Times, citing anonymous sources, cryptocurrency trading and lending firm BlockFills has sought restructuring advice from consulting firm BRG. After pausing withdrawals, BlockFills has named BRG’s Mark Renzi as its Chief Transformation Officer. The company’s new leadership aims to complete the restructuring, inject fresh capital, and implement new governance and financial controls.

March 7— The Florida Senate on Thursday passed Senate Bill 314 by a 37-0 vote, clearing the way for the state to establish a regulatory framework for payment stablecoin issuance. The measure, paired with companion House Bill 175, will be sent to Governor Ron DeSantis for his signature within 30 days. The legislation draws from the federal GENIUS Act—enacted last July—which outlines consumer protection and financial stability guidelines. Key provisions include: - Amends the Anti-Money Laundering Act for Financial Service Businesses to bring stablecoins under regulatory purview, requiring issuers to comply with existing rules and barring unlicensed issuance - Clarifies that certain payment stablecoins do not qualify as securities - Requires out-of-state qualified payment stablecoin issuers to submit written notice to the state’s financial regulatory agency - Some stablecoins will be regulated solely by the state Office of Financial Regulation (OFR), while others will be joi

March 7th — Per the latest disclosure from the UK’s Electoral Commission, London-based investor Christopher Harborne has made an additional donation to the UK Reform Party. Harborne is estimated to own a 12% stake in Tether, the world’s largest stablecoin issuer. Disclosure documents show that after a ￡9 million donation he disclosed last year, Harborne gave another ￡3 million in November 2023. Led by Nigel Farage, the Reform Party has made digital assets a core part of its economic agenda, promising to turn the UK into a top global hub for digital assets and proposing to cut the capital gains tax on cryptocurrencies from the current ~18% to 10%. In 2025, the Reform Party became the first UK political party to accept digital asset donations, letting supporters donate via cryptocurrencies like Bitcoin. This step has sparked concerns among some UK lawmakers. This past January, seven committee chairs called on the UK government to ban political donations in cryptocurrencies, arguing