Wartime Markets: Oil, Dollar, and Bonds React

Ryan and David break down a week where war hit markets, and the safe-haven playbook broke down. Oil spiked, gold failed, bonds sold off, the dollar caught the flight to safety, and crypto somehow bounced right through it. Then they unpack Trump’s public pressure campaign against banks over stablecoin yield, Kraken’s historic Fedwire breakthrough, and why crypto is starting to look less like an outsider and more like part of the financial core. Plus: Anthropic vs. the Pentagon, Erik Voorhees’ private AI push with Venice, fresh Aave governance drama, ZachXBT helping catch the $46M government crypto thief, and the New York Times calling crypto dead right on schedule.

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TIMESTAMPS & RESOURCES

0:00 Intro

2:54 Wartime Markets: US / Israel vs Iran + Market Reaction

https://x.com/WhiteHouse/status/2028229365440344419

https://x.com/KobeissiLetter/status/2028426099474981156

https://x.com/BullTheoryio/status/2029251045885665465

https://x.com/KobeissiLetter/status/2029274787474743761

https://www.coingecko.com/en/coins/bitcoin

https://www.coingecko.com/en/coins/ethereum

https://alternative.me/crypto/fear-and-greed-index

12:33 Polymarket Becomes the Biggest Winner

https://x.com/PolymarketStory/status/2028863241942671865

https://polymarket.com/event/will-the-iranian-regime-fall-by-march-31/?via=bankless?

https://polymarket.com/event/will-reza-pahlavi-lead-iran-in-2026/?via=bankless?

15:20 Pentagon vs Anthropic: AI is Military Tech

https://x.com/KobeissiLetter/status/2027958511334723716

https://x.com/WatcherGuru/status/2027488317286351266

https://x.com/BullTheoryio/status/2027626521217929683

https://x.com/ns123abc/status/2028642962196811791

https://app.ventuals.com/trade/anthropic

23:57 Kraken Gets Fedwire Access (First Crypto Bank)

https://x.com/krakenfx/status/2029206389957009419

https://x.com/SenLummis/status/2029195363119173710 

https://x.com/dgt10011/status/2029241024069910558

https://bpi.com/bpi-statement-on-kraken-master-account

https://x.com/jespow/status/2029262374499434919

https://x.com/mikeippolito_/status/2029213224625963310

31:37 Trump vs Banks Over Stablecoin Yield

https://x.com/KobeissiLetter/status/2028955180650099117

https://x.com/EricTrump/status/2029309823423009211

https://x.com/coinbureau/status/2029067345055105162

https://polymarket.com/event/clarity-act-signed-into-law-in-2026/?via=bankless?

https://x.com/RonwHammond/status/2028960282450567547

https://x.com/intangiblecoins/status/2029554248883839324

40:03 Private AI + Crypto: Erik Voorhees’ Venice

https://x.com/ErikVoorhees/status/2029352394317029871

https://x.com/ErikVoorhees/status/2029387068384678014

https://www.coingecko.com/en/coins/venice-token

https://x.com/steipete/status/2028578713126707547

https://x.com/ErikVoorhees/status/2029399902011224272

47:30 Aave Governance Drama

https://governance.aave.com/t/aci-is-leaving-aave/24205

https://governance.aave.com/t/temp-check-aave-will-win-framework/24055/137

50:11 TradFi Moves Into Crypto (NYSE + OKX)

https://www.theblock.co/post/392397/nyse-parent-ice-invests-in-crypto-exchange-okx-at-25-billion-valuation-amid-tokenized-stocks-push-fortune

51:10 Million Bitcoin Milestone

https://x.com/JoeConsorti/status/2028931445125706171

52:09 X Money (Elon’s Payments Wallet) & SpaceX Bitcoin Treasury

https://x.com/abskoop/status/2029088219858346446

https://x.com/dagaadit/status/2029256180644659379

https://www.coindesk.com/markets/2026/03/01/spacex-s-usd780-million-bitcoin-stack-now-down-to-about-usd545-million-ahead-of-ipo-filing

54:42 ZachXBT Catches $46M Crypto Thief

https://x.com/BecauseBitcoin/status/2029585484960145866

https://x.com/zachxbt/status/2029577374057296175

https://x.com/zachxbt/status/2014685299025060154

58:13 South Korean Police Leak Crypto Wallet Seed

https://gizmodo.com/south-korean-police-lose-seized-crypto-by-posting-password-online-2000728191

1:00:33 NYTimes Says “Crypto Is Dead” Again

https://www.nytimes.com/2026/02/26/opinion/crypto-trump-bitcoin-clarity-genius.html

https://x.com/RyanSAdams/status/2027392307050188828

1:02:10 Closing & Disclaimers

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