Crypto Policy Shifts, Altcoin Struggles, and Geopolitical Impacts Across Markets
Crypto Policy Shifts, Altcoin Struggles, and Geopolitical Impacts Across Markets
X (formerly Twitter) has reversed its ban on cryptocurrency and gambling promotions, opening new avenues for crypto content monetization on the platform. Meanwhile, Pi Coin is experiencing a challenging period, attempting to recover from an all-time low, with technical indicators suggesting potential resistance ahead. In a significant geopolitical event, the UAE suspended stock trading in Abu Dhabi and Dubai following Iranian strikes. Separately, the prediction market Polymarket achieved a record single-day trading volume, largely fueled by political and geopolitical events, even as rival platform Kalshi faced user backlash over a controversial market.
In a major policy shift, X has removed cryptocurrency and gambling from its prohibited industries list for paid promotions, opening the door for influencers and KOLs to legally monetize crypto content on the platform. The change marks a significant reversal of a ban that had been in place since at least June 2024. X Lifts
Pi Coin price is attempting to recover after forming a new all-time low earlier this month. The altcoin has shown modest strength in recent sessions, holding above key short-term support. However, broader technical indicators and historical patterns suggest that Pi Coin’s price recovery may face significant resistance in March 2026. While some investors anticipate stabilization,
UAE’s Capital Markets Authority shut both the Abu Dhabi (ADX) and Dubai Financial Market (DFM) stock exchanges for March 2–3 after Iran struck major ports and oil tankers across the Middle East. The ADX and DFM are the two primary equities exchanges in the United Arab Emirates, together serving as the Gulf region’s key capital
Polymarket recorded a single-day notional trading volume of $478 million, with the politics category alone accounting for $220 million, nearly half of total daily activity. Elsewhere, rival prediction market Kalshi was on the receiving end of user backlash after a controversial contract over the Khamenei market. Polymarket Sets Historic Record as Geopolitical Tensions Drive Crypto