2026-03-12 03:00 UTC | BLOCK 940338

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2026-03-12 03:00 UTC | BLOCK 940338
BITCOIN $69,306 | GOLD $5,113
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Trump Authorizes 172M Barrel SPR Release -- DOE confirms 40%+ of US Strategic Petroleum Reserve to be drawn down; flow begins next week over 120 days. -- Largest wartime reserve intervention in history; directly targets oil-driven inflation with Friday PCE looming. BTC slips to $69,306.
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Iran Strikes Tankers Near Hormuz, Shipping Odds Collapse -- Iran attacking cargo vessels and oil tankers near Strait; overnight strike on two tankers off Iraq coast confirmed. -- Hormuz shipping normalization by end of April crashed 30+ points to ~44%; maritime war escalating even as air-strike odds decline.
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Haifa Under Active Fire Despite De-Escalation Narrative -- Video confirms projectiles over Haifa overnight; Polymarket Iran-strikes-Israel fell to 26% yet kinetic operations continue. -- Prediction markets pricing capability degradation, but active combat across multiple fronts shows war far from over. Gold holds $5,113.
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Bitcoin Gives Back $70K as SPR Flood Reprices Macro -- BTC retreated ~$900 from $70,199; massive reserve release is deflationary for oil but signals fiscal desperation. -- SPR drawdown delays rate-cut case by suppressing energy inflation; simultaneously drains strategic reserves during active war—structural BTC bull case intact.
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"content": "2026-03-12 03:00 UTC | BLOCK 940338\n\nBITCOIN $69,306 | GOLD $5,113\n\n1. Trump Authorizes 172M Barrel SPR Release\n-- DOE confirms 40%+ of US Strategic Petroleum Reserve to be drawn down; flow begins next week over 120 days.\n-- Largest wartime reserve intervention in history; directly targets oil-driven inflation with Friday PCE looming. BTC slips to $69,306.\n\n2. Iran Strikes Tankers Near Hormuz, Shipping Odds Collapse\n-- Iran attacking cargo vessels and oil tankers near Strait; overnight strike on two tankers off Iraq coast confirmed.\n-- Hormuz shipping normalization by end of April crashed 30+ points to ~44%; maritime war escalating even as air-strike odds decline.\n\n3. Haifa Under Active Fire Despite De-Escalation Narrative\n-- Video confirms projectiles over Haifa overnight; Polymarket Iran-strikes-Israel fell to 26% yet kinetic operations continue.\n-- Prediction markets pricing capability degradation, but active combat across multiple fronts shows war far from over. Gold holds $5,113.\n\n4. Bitcoin Gives Back $70K as SPR Flood Reprices Macro\n-- BTC retreated ~$900 from $70,199; massive reserve release is deflationary for oil but signals fiscal desperation.\n-- SPR drawdown delays rate-cut case by suppressing energy inflation; simultaneously drains strategic reserves during active war—structural BTC bull case intact.",
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