Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

On March 5, OKX Founder and CEO Star Xu announced that the exchange’s partnership with Intercontinental Exchange (ICE) will pair OKX’s digital asset execution technology with ICE’s regulated market infrastructure. Both OKX and ICE operate high-performance matching engines with transparent order books. Together, the firms plan to: - Co-build a more robust market structure - Bridge digital assets and equities markets - Improve cross-market price discovery - Meet institutional-grade risk management and compliance requirements Earlier today, crypto media outlet BlockBeats reported that ICE—the parent company of the New York Stock Exchange (NYSE)—has invested in OKX, valuing the crypto exchange at approximately $25 billion in its latest funding round.

March 5 — Stablecoin issuer Tether announced a strategic investment in fintech firm Axiym to boost USDT adoption in global payment and settlement systems and enhance cross-border payment efficiency. Axiym is building a global distributed fund and settlement infrastructure that embeds financial services into a compliant payment ecosystem and supports the "Pay Now, Settle Later (PNSL)" post-settlement model. The system will also seamlessly integrate USDT fund flows, enabling payment companies to use USDT directly in their existing fund management systems without additional settlement pathways or complex infrastructure. Axiym’s distributed settlement network currently covers 140 countries and 70 currencies, supporting real-time settlement between payment processors and global payment aggregators. Its goal is to make cross-border fund flows more instant, predictable, and efficient. Tether CEO Paolo Ardoino noted the investment will expand USDT’s practical applications in advanced

**March 5** U.S. President Donald Trump took to Truth Social this week, vowing he won’t let the banking industry “undercut America’s robust crypto agenda.” He’s urging Wall Street to strike a deal with the crypto sector to advance the stalled Digital Asset Market Structure Bill in the Senate. The legislation is bogged down by a core rift: whether crypto exchanges can offer yields to stablecoin holders. Banks warn the move could prompt depositors to shift funds from traditional accounts to stablecoin products, eroding the industry’s deposit base and crimping credit supply. While Trump has publicly backed the crypto industry, insiders doubt his stance will alter Senate voting dynamics. Senate Banking Committee member Thom Tillis noted the president’s voice won’t shift banks’ position on risk concerns. The crypto community, however, argues Trump’s intervention could pressure banks to concede in negotiations. Senator Cynthia Lummis pointed out that if banks take too hard a line

March 5 — MEXC Chief Operating Officer Vugar Usi Zade said that as governments worldwide increasingly “weaponize” the energy market, Bitcoin is rapidly evolving from its original neutral technical protocol into a strategic asset with geopolitical significance. More and more countries are tapping into excess energy to develop Bitcoin mining and viewing hash rate as a new form of national soft power. Examples include: - The U.S., leveraging its renewable energy edge, controls roughly 37% of the global hash rate; - Russia holds about 16%; - France is exploring using excess nuclear energy for mining; - Nations like Ethiopia, Norway, and Iceland are attracting mining investments via their hydropower and geothermal resources. Usi Zade noted that amid some countries building strategic Bitcoin reserves and supporting domestic mining industries, Bitcoin is gradually shifting from a “cyberpunk experiment” to a national-level industrial policy tool. Going forward, countries that can

March 5 — Institutional-grade digital asset trading technology firm Crossover Markets announced the completion of a $31 million Series B funding round, with a company valuation of approximately $200 million. The round was led by Tradeweb Markets, with participation from Ripple, DRW Venture Capital, Illuminate Financial, Virtu Financial, Wintermute Ventures and XTX Markets, among others. The funds will be primarily allocated to upgrading its institutional-grade encrypted messaging network CROSSx, expanding global operations and enhancing system integration with institutional clients. Data indicates CROSSx has matched over $50 billion in notional trading volume, completed 12 million total transactions and now supports nearly 100 active institutional participants. Meanwhile, Tradeweb Markets plans to grant its global clients access to Crossover’s institutional spot crypto liquidity via its algorithmic order routing technology—marking the traditional electronic trading marketplace op

On March 5th, OnchainLens monitoring data shows a newly created wallet address withdrew 304.55 BTC from Binance, valued at approximately $22.16 million. Address: bc1qjk5udywdnpy60455vjesjgavwdm2d2xw97ky29