EvoCash Launches MSB-Registered Web3 Platform With Crypto Trading and USD Accounts

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SINGAPORE, SINGAPORE, March 11th, 2026 MSB-registered platform offers all-in-one ecosystem combining crypto trading, stablecoin payments, USD accounts, and access to traditional financial instruments for global users EvoCash has launched a comprehensive Web3 financial ecosystem that finally closes the loop between cryptocurrency trading and real-world spending. The platform combines crypto exchange services, Web3-compliant USD accounts, and stablecoin payment functionality — all within a single, compliant crypto-to-fiat bridge infrastructure registered with FinCEN as a Money Services Business. For cryptocurrency holders worldwide — particularly those earning across borders, managing international operations, or earning income in stablecoins — managing finances has traditionally required juggling multiple platforms: one exchange for trading, another service for converting to fiat, a separate bank account for USD, and yet another platform for traditional investments. EvoCash consolidates this fragmented experience into a unified system where users can trade, convert, hold, and spend — all connected to their Web3 wallet from any location. The Complete Financial Stack for International Operations EvoCash's integrated platform provides: Web3-Compliant USD Accounts: Structured through partnerships with licensed financial institutions using For Benefit Of (FBO) arrangements, these digital dollar accounts provide compliant access to USD directly connected to Web3 wallets. Unlike traditional bank accounts that restrict or freeze crypto-related activity, EvoCash accounts are purpose-built for digital asset users — with particular support for international freelancers, remote workers, and cross-border businesses. Real-Time Stablecoin-to-USD Conversion: The platform enables instant stablecoin payment conversion, eliminating the days-long delays and restrictions typical of traditional banking. Users can lock in profits or convert crypto income to fiat immediately, with funds accessible for everyday expenses, transfers, or withdrawals — regardless of their location. Trading and Exchange Services: Integrated crypto trading functionality allows users to manage their digital asset portfolios without leaving the EvoCash ecosystem. Multi-asset support across major cryptocurrencies provides flexibility in portfolio construction and rebalancing for international investors. Access to Traditional Instruments: Beyond cryptocurrency, EvoCash provides access to precious metals such as gold, allowing international users to diversify holdings across digital and traditional asset classes from a single interface. Multichain Support: The platform supports assets across multiple blockchain networks, providing international users with flexibility in how they hold and move their digital assets before converting to USD or processing cross-border USD payments. Built on Regulatory Compliance and Global Access EvoCash's MSB registration with the U.S. Financial Crimes Enforcement Network (FinCEN) under the Bank Secrecy Act provides the foundation for the platform's money transmission and currency exchange services. This registration enables legal operation of remittance services both domestically in the United States and internationally — a critical advantage for global users. EvoCash was built as a fully compliant crypto-to-fiat bridge infrastructure rather than a temporary workaround. The platform is registered as an MSB with FinCEN, implements comprehensive AML/KYC procedures, and works with licensed financial institutions to provide users with both security and regulatory legitimacy while maintaining the speed and innovation typical of Web3. The platform is particularly focused on serving international users — including freelancers, digital nomads, and global businesses — who often face limitations when accessing traditional banking services. The platform operates under a compliance framework that includes Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures aligned with regulatory requirements, ensuring that user funds and transactions meet legal standards without sacrificing accessibility for international users. Solving Real-World Problems Across Borders Traditional banks increasingly view cryptocurrency activity as high-risk, leading to frozen accounts, delayed transfers, and sudden account closures — even for legitimate users, especially international ones. EvoCash eliminates this friction by providing a crypto-to-fiat alternative specifically designed for crypto-native users and global enterprises. A trader can execute a profitable trade, immediately convert proceeds to USD, and have funds accessible in their Web3-compliant USD account — all within minutes, not days. A freelancer receiving stablecoin payments can convert to USD and pay bills without worrying about bank restrictions or geographic limitations. A global business can hold crypto, USD, and gold in a single ecosystem with seamless movement between asset classes and cross-border USD payment capabilities. Expanding the Ecosystem with Stablecoin Payment Functionality Looking ahead, EvoCash is pursuing approval for a Visa card linked to stablecoins, currently under review with issuing partners. Once approved and launched, the card will enable users to spend their crypto-backed USD balances at millions of merchants worldwide through integrated stablecoin payments with Visa card acceptance, completing the bridge between digital assets and everyday commerce globally. The platform's global onboarding capability allows users worldwide to access Web3-compliant USD accounts without requiring local banking relationships, particularly valuable for digital nomads, international freelancers, cross-border businesses, and users in underbanked regions seeking crypto-to-fiat bridge solutions. About EvoCash EvoCash is a Web3 financial services platform registered as a Money Services Business (MSB) with FinCEN under the Bank Secrecy Act. The platform operates as a crypto-to-fiat bridge connecting decentralized finance and traditional financial systems through Web3-compliant USD accounts, stablecoin payment functionality, trading and exchange services, and multi-asset financial tools. EvoCash provides users with access to real-time stablecoin-to-USD conversion, global onboarding for international users, cross-border USD payments, Visa card linked to stablecoins (under review), and multichain support, all within a secure, compliance-focused infrastructure. USD‑denominated accounts are provided through partner financial institutions in the U.S. using FBO account structures, so client funds are held and safeguarded at the partner bank and kept separate from EvoCash’s own funds. For more information, users can visit evocash.org. ContactWarren Noubipress@evocash.org Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Ethereum Whale Withdrawal: Stunning $16.85M ETH Move from Coinbase Signals Major Hold

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BitcoinWorld Ethereum Whale Withdrawal: Stunning $16.85M ETH Move from Coinbase Signals Major Hold A newly created, anonymous digital wallet executed a stunning cryptocurrency transaction, withdrawing 8,209 Ethereum (ETH) valued at approximately $16.85 million from the major exchange Coinbase. This significant movement, detected by the blockchain analytics platform Lookonchain, immediately captured the attention of market analysts worldwide. Large-scale withdrawals from centralized exchanges often signal a strategic shift from trading to long-term custody, a move closely watched for its potential impact on market liquidity and sentiment. Analyzing the Ethereum Whale Withdrawal Blockchain analysts recorded the substantial Ethereum transfer precisely 26 minutes before initial reporting. The transaction originated from a Coinbase hot wallet and terminated at a freshly generated Ethereum address with no prior history. Consequently, this pattern strongly suggests the involvement of a new institutional player or a high-net-worth individual, commonly termed a ‘whale’ in cryptocurrency parlance. Furthermore, the sheer size of the withdrawal represents a notable reduction in immediately sellable ETH on one of the world’s largest trading platforms. Market data provides essential context for this event. For instance, the total value locked (TVL) in decentralized finance (DeFi) protocols on Ethereum recently surpassed $60 billion. Simultaneously, the network continues to process millions of daily transactions post its transition to a proof-of-stake consensus mechanism. Therefore, large asset movements directly influence network dynamics and investor psychology. Historical Context of Exchange Outflows Historically, sustained outflows from exchanges like Coinbase and Binance have correlated with bullish market phases. Analysts interpret these movements as a reduction in immediate selling pressure. Notably, a similar pattern emerged in late 2023 when wallets withdrew over $3 billion in Bitcoin and Ethereum within a single month. Subsequently, market valuations experienced a significant uptrend. The current withdrawal aligns with a broader trend of investors seeking self-custody solutions following high-profile exchange insolvencies in recent years. Understanding the Intent Behind the Move The cryptocurrency community generally interprets withdrawals to private wallets as a bullish long-term signal. Essentially, moving assets off an exchange requires more steps to sell, indicating a holder’s reduced intention for immediate liquidation. This action could precede several strategic moves: Long-term Cold Storage: The ETH may transfer to a hardware wallet for secure, offline holding. DeFi Participation: The funds could be destined for staking, lending, or providing liquidity in decentralized applications. Institutional Treasury Management: A corporation or fund might be allocating to digital assets. Blockchain transparency allows for continued monitoring. Analysts will watch the destination address for subsequent activity. If the wallet remains inactive, the holding thesis strengthens. Conversely, if the ETH moves to another exchange or a mixing service, the initial interpretation may change. Expert Analysis and Market Impact Financial experts emphasize the importance of volume and frequency. A single large withdrawal, while notable, must be viewed within broader flow trends. Data from CryptoQuant and Glassnode shows that Ethereum exchange reserves have declined by approximately 15% since the beginning of the year. This macro-trend of decreasing exchange supply, combined with Ethereum’s ongoing token-burning mechanism, creates a potentially constricting supply dynamic. Market technicians note that the 8,209 ETH withdrawal represents a meaningful fraction of daily exchange volume, potentially affecting short-term price stability. The Role of Blockchain Analytics Platforms like Lookonchain, Nansen, and Etherscan provide the tools to track these movements. They aggregate and analyze public blockchain data, clustering addresses and labeling entities. Their reporting brings transparency to otherwise pseudonymous activity. However, true anonymity remains possible through advanced techniques like coin mixers or privacy-focused layer-2 networks. The ability to track such large sums underscores a core tenet of blockchain technology: transparent, auditable transaction histories. The following table compares recent notable Ethereum withdrawals: Date Amount (ETH) Approx. Value From Exchange Noted Context Recent 8,209 $16.85M Coinbase New anonymous wallet Early 2024 15,000 $30M+ Binance Moved to Grayscale trust Late 2023 20,000 $40M+ Multiple Preceded ETF approval speculation Conclusion The $16.85 million Ethereum withdrawal from Coinbase by a new anonymous wallet represents a significant on-chain event with clear implications for market structure. This transaction reduces readily available supply on a major exchange and aligns with the broader behavioral pattern of holders moving assets into long-term custody. While the exact motive of the entity behind the wallet remains unknown, the action objectively signals a preference for holding over immediate trading. Market participants and analysts will continue monitoring the destination address, as its future activity will provide further clues regarding the strategic intent behind this substantial Ethereum whale withdrawal. FAQs Q1: What does withdrawing cryptocurrency from an exchange typically mean? Withdrawing crypto from an exchange to a private wallet usually indicates an intent to hold the asset long-term (HODL), stake it, or use it in decentralized finance (DeFi) applications, as it removes the coins from an easy-to-sell environment. Q2: How do analysts track large transactions like this $16.85M ETH move? Analysts use blockchain explorers (like Etherscan) and analytics platforms (like Lookonchain or Nansen) that monitor public ledger data in real-time, clustering addresses and identifying transactions from known exchange wallets. Q3: Can the owner of the new anonymous wallet be identified? While the Ethereum address itself is public, the identity of the owner remains pseudonymous. Law enforcement or sophisticated chain analysis can sometimes de-anonymize users if they interact with known, identified services. Q4: Why is a withdrawal considered a potentially bullish signal? It is considered bullish because it reduces the immediate selling supply on exchanges. Coins held in private custody are less likely to be sold impulsively, which can reduce sell-side pressure and indicate investor confidence. Q5: What is the difference between a ‘whale’ wallet and a normal wallet? A ‘whale’ wallet holds a sufficiently large amount of an asset that its transactions can influence market prices. There’s no fixed threshold, but wallets holding thousands of Bitcoin or tens of thousands of Ethereum are generally considered whales. This post Ethereum Whale Withdrawal: Stunning $16.85M ETH Move from Coinbase Signals Major Hold first appeared on BitcoinWorld .

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G7 backs emergency oil reserve release as Iran war disrupts global supply

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The G7 has finally said that it is ready to support a joint release of emergency oil reserves as the US-Israel war with Iran keeps driving prices higher and choking supply. The group has been in talks with the International Energy Agency, which wants member states to implement the largest reserve release in its history. The goal here is apparently to ease the pressure after the war Israel and the US started with Iran pushed exports through the Strait of Hormuz close to a standstill and dragged down production across the region. As you probably know, that waterway carries about one-fifth of the global oil supply, so the damage was felt fast. Prices naturally surged after the war began, then calmed a bit when word got out that reserve barrels could be used. Even then, traders did not relax. At press time, Brent crude was up about 4% at $91.2 a barrel after earlier hitting $93. U.S. crude was up 2.9% at around $87 after touching almost $89. Cryptopolitan thinks the IEA’s release could help the market for a little while, but only as a short-term fix if the fighting keeps hitting supply and shipping. IEA asks all 32 members to approve a record oil release The IEA asked its 32 members to release 400 million barrels of oil, a figure that would top the action taken after Russia’s full-scale invasion of Ukraine in early 2022 by more than double. The plan cannot go ahead unless all 32 countries agree. German economy minister Katherina Reiche said Germany would take part. She said Germany will “comply with [the IEA’s request] and contribute to it, as Germany stands behind the IEA’s most important principle of mutual solidarity”. Later on Wednesday, Austria and Japan also said they would release oil from their stockpiles. The size of the system matters here. The IEA’s member and associate countries account for about two-thirds of global energy production and 80% of consumption. Every IEA member must hold reserves equal to 90 days of national oil use for moments like this. Those barrels are not stored in one giant place. In the UK, for instance, companies such as Shell and BP keep stocks at terminals and refineries, and some supplies held elsewhere can still count toward reserve rules. When governments approve a release, it does not mean new oil suddenly starts flooding out of one warehouse, okay? It just means that producers make more barrels available for refiners to buy. Attacks near Hormuz push shipping into chaos and keep oil under pressure The price surge came as security around Iran’s coast got worse. Several commercial vessels were attacked there, and tanker and cargo traffic through the Strait of Hormuz was badly disrupted by threats from Iran. Reports then came that American forces had sunk several Iranian ships, including 16 minelayers, near the Strait. On Wednesday morning, the UK Maritime Trade Operations authority said three cargo ships off Iran’s coast had been hit by projectiles. It said one of those vessels was struck inside the Strait of Hormuz. The tension spread beyond the sea. Authorities in Dubai said two drones fell near Dubai International Airport on Wednesday. Four people were injured, and the airspace around the city was shut for a short time. The market had already seen a false alarm the day before. On Tuesday, Cryptopolitan reported that oil prices dropped sharply after a social media post by U.S. Energy Secretary Chris Wright falsely claimed the U.S. Navy had escorted a tanker through the strait. White House press secretary Karoline Leavitt later told reporters the Navy had “not escorted a tanker or a vessel at this time.” After that, traders went back to the hard facts: exports through a critical route had nearly stopped, regional output had fallen, ships were getting hit, and governments were preparing emergency oil reserves in case the shock got even worse. Fatih Birol, the IEA’s executive director, said the crisis had forced action on a scale not seen before. “The oil market challenges we are facing are unprecedented in scale, therefore I am very glad that IEA Member countries have responded with an emergency collective action of unprecedented size.” Faith added that:- “Oil markets are global so the response to major disruptions needs to be global too. Energy security is the founding mandate of the IEA, and I am pleased that IEA Members are showing strong solidarity in taking decisive action together.” If you're reading this, you’re already ahead. Stay there with our newsletter .

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Binance sues WSJ over Iran-linked crypto transfer report

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More on News, Binance Coin USD News Corporation (NWSA) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript News Corporation (NWSA) Q2 2026 Earnings Call Transcript Meta inks AI content licensing deal with News Corp. for $50M per year: report News Corporation signals expanded buyback and continued double-digit growth in Dow Jones and digital real estate Seeking Alpha’s Quant Rating on News

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Upbit Opens New Trading Pairs for Internet Computer, ICP Price Surges on Korean Market Interest

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Upbit added support for ICP trading pairs with Korean won, Bitcoin, and Tether. The ICP token price surged as South Korean demand increased after the listing. Continue Reading: Upbit Opens New Trading Pairs for Internet Computer, ICP Price Surges on Korean Market Interest The post Upbit Opens New Trading Pairs for Internet Computer, ICP Price Surges on Korean Market Interest appeared first on COINTURK NEWS .

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Mastercard Rolls Out New Crypto Partner Program

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Key Highlights Mastercard has announced the launch of the Crypto Partner Program, which creates a group of over 85 crypto-native companies, payment providers, financial institutions, and blockchain-based companies This program has witnessed the participation of major companies like Binance, Circle, Ripple, Gemini, PayPal, Paxos, Solana, Polygon, and others This collaboration connects experts from different areas, like stablecoins, cross-border transfers, B2B payments, and global fund movement On March 11, the leading payment network, Mastercard, announced the launch of the Crypto Partner Program. Through this program, the payment giant is bringing more than 85 crypto‑based entities “to create a forum for meaningful dialogue and collaboration as this space continues to mature.” Digital assets are entering a new phase. What once ran in parallel to existing financial systems is increasingly being applied to solve practical, real-world needs — often behind the scenes – from cross-border remittances to B2B money transfers. This creates new opportunities to… pic.twitter.com/DZ1gjmW8og — Mastercard (@Mastercard) March 11, 2026 What is Mastercard’s Crypto Partner Program? According to the official announcement , Mastercard is planning to address practical challenges that create obstacles in the adoption of digital assets, such as cross-border remittances, B2B money transfers, payouts, settlement, and global money movement This program will make a huge collaboration of crypto-based companies, payment providers, financial institutions, and blockchain-based platforms to connect on-chain innovation with daily traditional commerce. The program will allow participants to directly connect with Mastercard teams to develop new products. This collaboration between the crypto sector and traditional payment networks will combine the “ speed and programmability” of blockchain-based assets with its card networks and merchant acceptance. “By creating a shared framework for collaboration, the program helps align innovation across the ecosystem while supporting consistent standards and responsible growth. The focus is practical execution: translating technical innovation into scalable, compliant use cases that can operate across markets and integrate seamlessly into everyday commerce,” stated in the announcement. Mastercard is expanding its collaboration with crypto-based companies, but this is not new. It is already helping crypto startups grow through its Start Path program and helping partners to create crypto debit and credit cards. After witnessing the success of this program, the payment giant is now launching a new program to help these companies work together. The Crypto Partner Program has already been joined by big names in the crypto industry, including Binance, Circle, Ripple, Gemini, PayPal, Paxos, and infrastructure providers like Modern Treasury. Modern Treasury will join the program as an On/Off-Ramp provider. The program has over 85 members, including crypto exchanges, digital wallet companies, and financial apps. These varieties in the partnership will bring expertise in areas like creating digital tokens, setting up automatic payments, and following compliance. The launch is coming at a time when the crypto sector is merging with traditional financial platforms, thanks to progress in regulatory developments. The payment giant has acquired comprehensive stablecoin capabilities through partnerships with companies like MetaMask to offer self-custody debit cards in the U.S. Apart from this, it also made a collaboration with OKX for branded card programs, and Circle to facilitate merchant settlements in USDC. This allows consumers to spend their cryptocurrency at any merchant that accepts Mastercard or withdraw stablecoins directly to their bank accounts. Apart from this, its Crypto Credential service is making peer-to-peer transfers easy by replacing complex blockchain addresses with trusted usernames. Mastercard’s competitor, Visa, is not staying behind in the race as it is also making an integration. Visa has recently expanded stablecoin-backed cards with Bridge across over 100 countries and is testing tokenized deposits with banks. After the approval of the GENIUS Act in 2025, Mastercard announced the launch of a program to target the stablecoin sector in the U.S. According to a Citigroup report , the cumulative market capitalization of stablecoins is expected to reach $1.9 trillion by 2030. Also Read: US Bitcoin ETFs See $250 Million Inflows as $BTC Dips, Holds Near $69K

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U.S. Military Admits Devastating Mistake in Iranian School Bombing, 175+ Killed

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BitcoinWorld U.S. Military Admits Devastating Mistake in Iranian School Bombing, 175+ Killed In a sobering admission with profound international implications, the U.S. military has confirmed a catastrophic targeting error led to the bombing of an Iranian elementary school, resulting in at least 175 fatalities, most of them children. This devastating revelation, reported by Walter Bloomberg and stemming from a preliminary CENTCOM investigation, marks a significant moment in U.S.-Iran relations and modern military accountability. The February 28th strike, executed with Tomahawk missiles, was reportedly based on flawed intelligence from the Defense Intelligence Agency (DIA) that failed to identify the building’s current civilian use. U.S. Military Mistaken Bombing: The Investigation’s Findings The preliminary investigation by U.S. Central Command (CENTCOM) has concluded that the February 28th strike constituted a “targeting error.” Consequently, the attack originated from intelligence provided by the Defense Intelligence Agency (DIA) that was critically outdated. The targeted structure in Iran’s Sistan and Baluchestan province was indeed formerly associated with a naval installation. However, it had been repurposed and functioning as the Seyed al-Shohada Elementary School for over three years prior to the attack. Military analysts note that such intelligence failures, while rare, highlight persistent challenges in dynamic conflict zones where infrastructure use can change rapidly. The strike involved multiple Tomahawk Land Attack Missiles (TLAMs), precision-guided weapons known for their accuracy, which makes the intelligence lapse particularly consequential. Timeline and Context of the Iranian School Attack Understanding the event requires examining the sequence of actions and statements. The strike occurred in the early hours of February 28th. Initially, regional news outlets and the Iranian government reported a direct hit on a civilian school. The U.S. Department of Defense did not immediately confirm the operation. In the following days, President Donald Trump publicly dismissed the reports as a potential “hoax” by Iranian authorities. This stance shifted dramatically with the completion of the preliminary military investigation. CENTCOM formally briefed the National Security Council on March 15th, leading to the public admission. The timeline underscores the procedural gap between military action, internal review, and public accountability. Expert Analysis on Targeting Protocols and Intelligence Retired Colonel David Evans, a former targeting officer with joint task force experience, provides critical context. “The modern targeting cycle, known as F2T2EA (Find, Fix, Track, Target, Engage, Assess), relies on timely and verified intelligence,” Evans explains. “A building’s function is a primary factor in collateral damage estimation (CDE). When intelligence is outdated by years, the entire CDE model fails, leading to catastrophic miscalculations.” This incident raises serious questions about the refresh rate of intelligence used for dynamic targeting, especially for fixed sites. Furthermore, the use of a Tomahawk missile, typically chosen for pre-planned strikes against high-value fixed targets, suggests this was not a split-second decision but one based on vetted, yet tragically incorrect, information. The Human Cost and International Reaction The human toll is staggering and forms the core of this tragedy. Local health officials confirmed at least 175 fatalities, with over 140 being children between the ages of 7 and 12. Dozens more sustained severe injuries. The attack has triggered widespread mourning in Iran and intense diplomatic backlash. The Iranian Foreign Ministry has summoned the Swiss envoy, who represents U.S. interests in Iran, to deliver a formal protest. International organizations, including UNICEF and the UN Office for the Coordination of Humanitarian Affairs (OCHA), have issued statements expressing profound concern over the protection of children in conflict. The global reaction highlights a key tension in international law: the principle of distinction between military and civilian objects, as codified in the Geneva Conventions, appears to have been breached due to faulty data. Key documented impacts include: Civilian Casualties: 175+ confirmed dead, majority children. Infrastructure Destruction: Complete loss of the school building. Community Trauma: Severe psychological impact on survivors and the region. Diplomatic Strain: Significant escalation in U.S.-Iran tensions. Political Ramifications and Accountability President Donald Trump’s statement that he will “accept the findings of the investigation” signals a shift from his initial skepticism. This posture now moves the issue toward potential accountability and redress. Historically, the U.S. military has mechanisms for condolence payments and acknowledgments in cases of wrongful civilian casualties, though these are complex in nations with which the U.S. has no formal diplomatic relations. Congress has already announced hearings scheduled for April to examine the intelligence breakdown. The incident is certain to influence ongoing debates about presidential war powers, the oversight of covert actions, and the legal frameworks governing cross-border strikes. It also adds a volatile layer to already fragile negotiations concerning regional security and nuclear non-proliferation. Conclusion The admission of the U.S. military’s mistaken bombing of an Iranian school represents a grave episode with deep humanitarian, legal, and geopolitical repercussions. This event, stemming from a confirmed targeting error based on outdated DIA intelligence, underscores the lethal consequences of intelligence failures in modern warfare. The devastating loss of at least 175 lives, predominantly children, will have a lasting impact on the affected community and on international perceptions of military accountability. As investigations continue and political responses unfold, this tragedy serves as a stark reminder of the imperative for rigorous, up-to-date intelligence and robust safeguards to protect civilian lives in conflict zones. FAQs Q1: What exactly did the U.S. military admit to regarding the Iran strike? The U.S. military, via CENTCOM’s preliminary investigation, admitted the February 28th Tomahawk missile strike on a building in Iran was a “targeting error.” The strike hit an active elementary school based on outdated intelligence that incorrectly identified the site as a former military facility. Q2: How many people were killed in the mistaken bombing? Local officials and the investigation report confirm at least 175 fatalities. The majority of the victims were children attending the Seyed al-Shohada Elementary School at the time of the attack. Q3: What was President Trump’s initial response, and how has it changed? Initially, President Trump publicly suggested the reports of the school bombing were a “hoax” by Iran. Following the release of the military’s internal investigation, he stated he would accept its findings, acknowledging the tragic error. Q4: What weapon was used in the strike, and who provided the intelligence? The strike was carried out using Tomahawk Land Attack Missiles (TLAMs). The faulty intelligence that led to the targeting error was reportedly sourced from the Defense Intelligence Agency (DIA) and was several years out of date. Q5: What are the likely next steps following this admission? Next steps include the completion of a full investigation, potential congressional hearings on the intelligence failure, discussions about accountability and condolence measures, and significant diplomatic maneuvering to manage the severe strain this event has placed on U.S.-Iran relations. This post U.S. Military Admits Devastating Mistake in Iranian School Bombing, 175+ Killed first appeared on BitcoinWorld .

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Bitcoin price stalls below $72K as CPI data, macro signals cap rally

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Bitcoin price traded sideways below $69,000 throughout the Asian trading hours ahead of the February CPI release. Later in the day, the bellwether attempted a decisive breakout above the psychological $70,000 resistance, but the rally fell short around the $71,700 mark as selling pressure intensified. Overall market sentiment has improved over the past sessions as concerns around geopolitical tensions in the Middle East cooled, with oil prices retreating from recent highs. The total crypto market cap edged higher today, hovering just below the $2.5 trillion mark at approximately $2.35 trillion. The crypto fear and greed index was up one point from the previous day, reflecting this slight return of buyer confidence; however, it still remains in Extreme Fear territory with a reading of 15. Most altcoins, in the meantime, remained range-bound within narrow corridors, with a select few outliers, particularly in the Solana ecosystem, locking in modest gains today as the market awaits further macro clarity. Why is Bitcoin price stuck? After a slow start to the week, Bitcoin price started trading rangebound between $68,000 and $72,000 as a mix of conflicting bearish and bullish signals seems to be keeping investors sidelined and cautious. On one hand, geopolitical de-escalation provided a massive relief rally. Reports surfaced that President Donald Trump hinted his war against Iran was about to end. In a statement, he said that the war would end soon, noting that the US had achieved most of its goals, including dismantling Iran’s nuclear capabilities. Additionally, Trump said that the US would waive any oil-related sanctions and have the US military escort ships crossing the Strait of Hormuz. Bitcoin rebounded sharply on the news, climbing from weekly lows near $67,000 to a peak of $71,500 earlier today. This move coincided with a strong recovery in equities and a notable drop in crude oil prices, with Brent falling below $90, easing immediate inflation fears. Asian indices like the Kospi and Nikkei 225 jumped by over 4% in response. However, the rally lost steam around $71,500 as investors hit a wall of pre-data anxiety. In terms of technicals, this area became a sticky resistance zone where short-sellers concentrated their orders ahead of the February CPI release. The rejection saw Bitcoin fall back toward $69,000 before a secondary attempt to reclaim momentum stalled out at the $71,000 mark. Today, investors are reacting to the CPI data, which came in at 2.4% year-on-year, matching expectations but remaining high enough to stay slightly bearish for Bitcoin in the short term. This prompted a sell-the-news reaction across risk assets as the market re-evaluated the likelihood of a May rate cut. As a result, Bitcoin’s late-day rally failed to break past $71,000, confirming that the $70,000 level has flipped back from support to a formidable resistance zone. Market sentiment has taken another hit after the CLARITY Act effectively stalled in the Senate on March 8. Lawmakers have instead turned their focus to a new legislative priority, the SAVE America Act, pushing crypto regulation further down the agenda. Prediction markets have reacted quickly to the development, cutting the probability of the CLARITY Act passing this year to just 18%. Despite this macro gloom, institutional ETF flows, which recently saw a reversal back to net inflows, managed to provide a critical liquidity floor. This persistent institutional accumulation suggests that while retail sentiment remains in fear, major players are viewing the $68,000–$70,000 range as a high-conviction accumulation zone. What’s next for Bitcoin price? For now, Bitcoin remains trapped in a narrow corridor as the market awaits a definitive catalyst to break the stalemate. In terms of technicals, the price is compressed between the 50-day Exponential Moving Average (EMA), currently acting as a resistance, and the $68,000 support level serving as a temporary floor. Traders are keeping a close watch on the $72,000 resistance level; a sustained daily close above this mark would be required to invalidate a Death Cross that has formed on the 3-day timeframe. See below. https://twitter.com/TradingShot/status/2030023602637345127?s=20 If the bulls can reclaim this territory, it could trigger a short squeeze toward the $74,000 to $76,000 range, especially if the broader macro situation improves. On X, some analysts remained cautious about current price action. According to well-followed trader and analyst Rekt Capital, Bitcoin is less than halfway through its typical bear market timeline, suggesting the market could still face another wave of capitulation before forming a final bottom. “Retracement-wise, however, Bitcoin has already performed 75% of the downside in its Bear Market correction,” the analyst added. Meanwhile, fellow analyst Crypto Patel drew attention to a multi-year trend line that has acted as structural support for Bitcoin since 2017. According to the analyst, Bitcoin has never recorded a high time frame candle close below this ascending support during previous market cycles. “If this structure holds again, the maximum downside could be around $50,000, before the next move toward the $200,000 target,” the analyst wrote. At press time, the Bitcoin price was hovering just above $70,000, after falling over 4% on the day. The post Bitcoin price stalls below $72K as CPI data, macro signals cap rally appeared first on Invezz

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