Polygon team's associated addresses have transferred a total of 20 million POL, worth approximately $3.5 million

Most Gulf stock markets posted slight declines on Sunday, March 15. Saudi Arabia’s benchmark index dropped 0.8% at one point: Rajhi Bank fell 0.9%, while National Commercial Bank (Saudi Arabia’s largest lender) slipped 1.9%. The Qatar index closed down 0.5%, with Qatar National Bank (the region’s biggest lender) dropping 1.3%. Bahrain’s benchmark fell 0.3%, and Oman’s index declined 0.4%. The U.S.-Iran conflict has entered its third week. President Trump has threatened further strikes on Iran’s Kharg Island oil export hub, while Iran has vowed to intensify its response. Additionally, three sources familiar with the situation said the Trump administration rejected Middle Eastern allies’ efforts to launch diplomatic talks to end the U.S.-Israel-Iran conflict. Trump also called on allies to deploy warships to help secure the Strait of Hormuz—a critical global energy supply route. (Golden Finance)

On March 15, Ethereum treasury firm BitMine announced it has acquired ETH from the Ethereum Foundation at a mutually agreed price to support its operations, adding it will continue accumulating ETH. Earlier reports confirmed the Ethereum Foundation has finalized an over-the-counter (OTC) transaction for 5,000 ETH, with an average price of $2,042.96 per token—totaling approximately $10.22 million. The OTC counterparty is BitMine, Ethereum’s largest treasury company. Proceeds from the sale will fund the Foundation’s core work, including protocol development, ecosystem expansion, and community grant programs.

March 15 – Per data from Coinglass, Bitcoin’s weekly return currently stands at 8.55%, versus a historical average of -1.03%. Despite the escalating U.S.-Iran conflict and widespread risk-off sentiment in markets, Bitcoin is on track for its biggest weekly gain since September 2025. Over the same period, the S&P 500 has dropped 1.60%, with BTC outperforming the U.S. stock market by a wide margin.

Xinhua News Agency On the morning of March 15 local time, Chinese and U.S. economic and trade teams launched China-U.S. economic and trade consultations in Paris, France.

**March 15 – No country has publicly committed to former U.S. President Donald Trump’s recent call for nations to send naval ships to escort vessels through the Strait of Hormuz, according to Qatar’s Al Jazeera, which outlined responses from four key countries on Thursday:** - **France**: The French Foreign Ministry said in an X post it will not deploy warships for the mission, noting its aircraft carrier and accompanying fleet will remain in the Eastern Mediterranean. - **Japan**: Japanese officials told local media Tokyo will not dispatch warships solely in response to Trump’s call, emphasizing Japan will make decisions independently and that independent judgment is critical. - **South Korea**: The South Korean presidential office stated it will carefully review Trump’s request and maintain close communication with the U.S. - **UK**: A UK Ministry of Defense spokesperson told U.S. media the country is currently discussing a range of options with allies and partners to ensure

**March 15th Update** Garrett Jin, the agent behind the “BTC OG Insider Whale” account, posted today: “On the 16th day of the U.S.-Iran conflict, the Strait of Hormuz remains closed. Brent crude has surged ~45% since February 27th, topping $103. A ceasefire shows no signs of materializing, and the Strategic Petroleum Reserve (SPR) can cover at most 12%–15% of the supply gap.” **Trading Strategy** - Go long on crude oil - Reduce stock exposure, particularly in net energy-importing markets (Japan, South Korea, Europe) - When interest rates, the U.S. dollar, and oil prices rise in tandem, it signals tightening liquidity—nearly all assets will be impacted - Maintain cash positions, shorten portfolio duration, and stay vigilant