The prediction platform said it would reimburse users and resolve markets to the last-traded price before the death of the Iranian leader was confirmed. Tarek Mansour, the co-founder of prediction market Kalshi, provided an update, following the platform’s decision to void some positions that were opened after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei was confirmed. “We don’t list markets directly tied to death. When there are markets where potential outcomes involve death, we design the rules to prevent people from profiting from death. That is what we did here,” Mansour said in a post on X. Iranian state media reported the death early Sunday, after an attack launched by Israel and the United States a day earlier. Read more
Gold has become "overextended" after climbing to more than $5,247 per ounce, according to Jan3 CEO and Bitcoin advocate Samson Mow. Bitcoin (BTC) is relatively undervalued compared to gold and the global money supply, which could signal a price reversal, according to Samson Mow, the CEO of Bitcoin technology company Jan3. “Bitcoin is about 24%-66% below its trend relative to gold's market cap or global money supply, while gold is overextended,” Mow said in a Saturday post on X. Gold futures for April delivery closed Friday at $5,247.90; Tokenized gold PAX Gold USD was trading at the time of writing at $5,404.14. Read more
The 25-basis-point the latest monthly adjustment of STRC's dividend and comes amid a sharp downturn in the crypto markets and macroeconomic uncertainty. Strategy chairman Michael Saylor said in a social media post on Sunday that the largest Bitcoin (BTC) treasury company is raising the dividend on its STRC preferred stock, also known as “Stretch,” to 11.50% for March 2026, from the previous 11.25%. STRC is perpetual, meaning the company is not obligated to buy back the stock at any specified date, and features a variable yield that changes monthly. A Friday update on the company’s website confirmed Saylor’s post. “STRC’s dividend rate is adjusted monthly to encourage trading around STRC’s $100 par value and to help strip away price volatility,” according to the website. The dividend is also paid monthly. with the next payout date on March 31, to shareholders of record Read more
Bitcoin avoided a fresh breakdown around major geopolitical events in the Middle East, with BTC price targets now including $74,000 next. Bitcoin (BTC) ignored geopolitical volatility on Sunday as traders waited for markets’ Iran reaction. Key points: Bitcoin coils around $67,000 as the dust settles on a wild weekend in the Middle East. Read more