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3/7
03:35
Iran's Tasnim News Agency: Stock market will be temporarily closed until further notice
Svmuu News According to Iran's Tasnim News Agency: Iran's Minister of Economy stated that the stock market will be temporarily closed until further notice. (Jin10)
03:30
VC Warns That AI Boom Is Diverting Funds from Crypto Startups
Svmuu News Multiple venture capital professionals have warned that the AI boom is diverting funds away from crypto startups. Charles Chong, Vice President of Strategy at BlockSpaceForce, stated that investors now have "real alternatives with faster revenue visibility," and crypto teams need to work harder. Founders must be more precise in areas such as defensibility and profit models.
Data from DefiLlama shows that crypto startups raised $128 million in the first week of March, bringing the total funding for 2026 to nearly $2.5 billion. This week's investors included Peter Thiel's Founders Fund, Ripple, Y Combinator, Wintermute, and Sequoia Capital, with the primary focus on payments, trading, and DeFi infrastructure.
Top three funding events this week: Latin American fintech company ARQ completed a $70 million Series B round led by Sequoia Capital and Founders Fund. The company has an annualized transaction volume exceeding $10 billion and approximately 2 million users. Crossover Markets completed a $31 million Series B round led by Tradeweb Markets, with participation from Ripple and Wintermute, valuing the company at around $200 million. The company operates CROSSx, an institutional digital asset trading network. Hybrid derivatives exchange QFEX completed a $9.5 million seed round led by Yuri Sagalov of General Catalyst, with participation from Y Combinator and Paul Graham.
03:06
Xinhua News Agency: Middle East Tensions Spill Over into Asia-Pacific Region, Sparking Economic Concerns, Calls for Diplomatic Mediation
Svmuu News According to reports, the ongoing military conflict between the United States, Israel, and Iran continues to impact the Asia-Pacific region, causing economic uncertainty and energy security alarms. Multiple governments and regional organizations have called for an immediate halt to military actions.
Julia Roknifard, a senior lecturer at Taylor's University in Malaysia, pointed out that Southeast Asia may face negative impacts such as trade disruptions and rising energy costs. A survey by the Malaysia External Trade Development Corporation shows that nearly 64% of Malaysian businesses expect to be affected by the conflict, primarily involving shipping delays, increased maritime and insurance costs, and rising prices of crude oil-linked raw materials. Retail fuel prices in Cambodia have risen over the past week, with key garment and agricultural sectors facing higher production and logistics costs. Sri Lankan President Anura Kumara Dissanayake warned that the conflict could spill over into the country's economy. South Korea's KOSPI and KOSDAQ indices fell by 12.06% and 14% respectively this Wednesday, before rebounding on Thursday.
International Monetary Fund Managing Director Kristalina Georgieva stated in Bangkok on Thursday that if the conflict persists, it could affect global energy prices, market sentiment, economic growth, and inflation.
Countries are actively responding to the shock. Cambodian Prime Minister Hun Manet emphasized that ASEAN must strengthen regional resilience through energy diversification and deepening economic integration. Vietnam has established a specialized task force to monitor the energy market, the Philippines stated it has a 50 to 60-day buffer stock of oil, and South Korea issued a "concern" level alert for crude oil and natural gas. Australia and New Zealand are working to assist their citizens in the Middle East with evacuations.
On the diplomatic front, ASEAN foreign ministers issued a joint statement on March 4 calling for an immediate ceasefire. Chinese Foreign Minister Wang Yi held phone calls with his counterparts from Russia, Iran, Israel, Saudi Arabia, and other countries, emphasizing adherence to the UN Charter and opposing the arbitrary use of force. China will also dispatch its Special Envoy for Middle East Affairs, Zhai Jun, to the region to promote de-escalation.
02:29
Iranian President: Unconditional Surrender Is Absolutely Impossible, Apologizes to Neighboring Countries
Svmuu News Iranian President Pezeshkian delivered a speech, calling for national unity to defend Iran and stating that unconditional surrender is absolutely impossible for Iran. In his speech, Pezeshkian apologized to neighboring countries and announced that the interim leadership committee approved on the 6th that Iran will no longer attack neighboring countries or launch missiles unless these countries attack Iran first. (CCTV News)
02:24
Iranian President Pezeshkian: Will not launch attacks or missile strikes against neighboring countries unless attacks originate from these countries
Svmuu News Iranian President Pezeshkian: The interim leadership committee has approved that Iran will not launch attacks or missile strikes against neighboring countries unless attacks against Iran originate from these countries. (Jin10)
02:23
UAE Announces Suspension of All Flights to and from Dubai
Svmuu News The UAE has announced the suspension of all flights to and from Dubai until further notice. (CCTV International News)
02:20
Binance Wallet Now Launches WTI Crude Oil (CL) Perpetual Contracts
Svmuu News Binance Wallet announced on platform X that it has now launched WTI Crude Oil (CL) perpetual contracts. Users can trade crude oil derivatives on Binance Wallet Perpetuals, currently supporting 0% maker fees, 1.2x Aster airdrop points, and trading volume counting towards the $10,000 ASTER CL Trading Competition.
02:10
Circle CEO: $68 million in internal settlements have been processed using USDC; the real-time model will be rolled out to more businesses
Svmuu News: Jeremy Allaire, CEO of stablecoin issuer Circle, posted on X that Circle has begun using its own platform to process internal fund settlements, completing approximately $68 million in cross-company settlements among eight entities via USDC and Circle Mint.The entire process took less than 30 minutes and operates 24/7, replacing the traditional fiat wire transfer process that typically takes 1–3 days, while providing full control and audit capabilities.Currently, 90% of the company’s transfer pricing settlements can be completed within a single day. As the “Circle” Mint functionality continues to be updated, this type of real-time settlement model based on stablecoins is expected to be made available to more enterprises in the future.
01:48
Analysis: Bitcoin May Drop Another 30% Within the Year, Now Entering a Deep Bear Market Phase
Svmuu News According to CK Zheng, founder of crypto hedge fund ZX Squared Capital, Bitcoin has entered a deep bear market phase. As the influence of the "four-year cycle" intensifies, the price could potentially drop by approximately 30% further in 2026. Previously, Bitcoin hit a historical high of over $126,000 in October 2025, roughly 16-18 months after the halving in April 2024, and has now retreated to around $68,000. This trajectory largely aligns with the four-year cycle pattern centered around halving events. The psychological behavior of retail investors chasing rallies during market euphoria and selling during panic has reinforced this bear market cycle. Meanwhile, institutional adoption remains limited, with crypto ETFs and digital asset reserve companies accounting for only about 10% of the overall market. In a bear market environment, some companies holding Bitcoin as a reserve asset may be forced to sell due to debt repayment pressures, thereby exacerbating the market's downward pressure. (CoinDesk)
01:35
International oil prices surged 35.6% in a single week, breaking above $90 to set the highest weekly gain on record
Svmuu News: The main contract for U.S. WTI crude oil futures rose 12.67% in a single day to $91.27 per barrel, marking a 35.6% increase since the escalation of the U.S.-Iran war on February 28. This represents the highest weekly gain for this futures contract since its inception in 1983. The main contract for UK Brent crude oil futures rose 9.26% in a single day to $93.32 per barrel, with a weekly gain of 27.5%, setting the highest weekly increase since 1990. Looking back at history, following the outbreak of the Russia-Ukraine conflict in late February 2022, the maximum weekly gains for Brent and WTI in early March were both around 25%. When the Gulf War broke out in August 1990, the spot price of Brent rose by up to 26% within a week. The weekly gain in crude oil due to the U.S.-Iran war has now broken all previous records. (Aastocks)
01:13
Hong Kong Witnesses Another Multi-Million Dollar Cash Robbery at Currency Exchange Shop, Third Incident in Three Months
Svmuu News On yesterday morning, two victims were robbed at knifepoint inside Sheung Wan MTR Station after exchanging approximately HKD 10 million at a currency exchange shop in Sheung Wan, Hong Kong. However, due to prior police deployment, the suspects were apprehended with the stolen property, and the victims suffered no financial loss. This marks the third high-value cash robbery in the bustling Sheung Wan district within the last three months, with all victims being customers of exchange shops. Similar incidents involving large sums of cash at virtual currency exchange shops occurred previously on December 18, 2025, and January 30.
It is reported that the Hong Kong police have noted the occurrence of three robbery cases related to foreign currency exchange shops in recent months. In response to such cases, the police have adopted intelligence-led operations and, with the assistance of additional surveillance cameras installed under the "Sharp Eye Plan," successfully gathered crucial evidence. The police will conduct in-depth investigations to determine if other members or criminal syndicates are behind these incidents and whether this case is connected to the previous Sheung Wan robbery cases. Simultaneously, the police will also focus on investigating how the perpetrators learned about the victims' large-sum exchanges and whether they conducted prior reconnaissance at the scene. Currently, there is no evidence suggesting any connection between the victims and the arrested individuals. (Caixin)
00:52
Dubai Gold Sees Rare Discounted Trading, Possibly Due to Middle East Conflict Disrupting Logistics
Svmuu News As the Middle East war leads to flight cancellations and logistics disruptions, a large amount of gold stranded in Dubai is being sold at significant discounts. Informed sources reveal that due to exceptionally high transportation and insurance costs, coupled with the inability to guarantee timely delivery, many buyers have suspended new purchase orders. Consequently, under the pressure of indefinite storage and capital costs, traders have begun selling gold at discounts of up to $30 per ounce below the London benchmark price.
Sources stated that although some gold shipments have been loaded onto flights departing Dubai since mid-week, many batches remained stranded as of Friday. The UAE, particularly Dubai, is a crucial global hub for gold refining and trade, not only exporting gold to various parts of Asia but also serving as a key transit point for gold shipments to Switzerland, the UK, and several African countries. Due to the escalating Middle East conflict, parts of UAE airspace have been closed; meanwhile, the military strikes launched by the US and Israel against Iran have entered their seventh day, with no end in sight yet. (Cailian Press)
00:39
Explosions were heard at Dubai International Airport, with interception operations seen in the sky
Svmuu News On the morning of the 7th local time, explosions were heard at Dubai International Airport in the UAE. Some passengers in the terminal were required to urgently evacuate to the underground level for safety. It is reported that interception operations were seen in the sky above Dubai Airport. (CCTV)
00:30
Planet Midday News
1. China’s central bank has increased its gold reserves for the 16th consecutive month; 2. Iran: Missiles fired at the USS Abraham Lincoln; 3. Bloomberg analyst: The U.S. CFTC may share office space with the SEC, but the two agencies will not merge; 4. Crypto lending platform BlockFills seeks restructuring after suspending withdrawals, facing litigation pressure; 5. Bloomberg analyst: BlackRock has applied to adjust the fee rate for the Ethereum staking ETF and may offer tiered discounts; 6. PancakeSwap responds to code plagiarism allegations: will contact the Curve team directly to discuss the matter; 7. Arkham: An address associated with Justin Sun holds over $880 million in sUSD, with annual returns potentially reaching $35 million; 8. A whale deposited 2.18 million USDC into Hyperliquid to open a 10x leveraged ETH short position; 9. Coinbase Prime launches unified margin functionality covering spot, derivatives, and regulated perpetual contracts; 10. The U.S. CFTC officially updates its logo, stating it will usher in a "golden age" of innovation; 11. Continue Capital was liquidated on Hyperliquid for 10,000 SNDK and 22,300 MU, valued at $13.3 million; 12. The Robinhood IPO closed down 16% on its first day of trading on the NYSE, raising less than its target; 13. SOL Treasury’s DeFi Development plans to launch a dividend-paying stablecoin; 14. U.S. General Services Administration: Terminated the OneGov agreement with Anthropic; 15. A New York federal judge approved class-action status for investors in the market manipulation case involving Tether and Bitfinex.
00:22
Bybit Co-CEO Helen Liu to Step Down and Embark on Personal Entrepreneurship
Svmuu News According to community sources, Bybit announced that Co-CEO Helen Liu will step down on April 30, 2026, to pursue personal entrepreneurship. It is reported that Helen Liu joined Bybit in 2020, having served as Vice President of Human Resources, Vice President of Marketing, Chief of Staff, and Chief Operating Officer (COO), before being appointed Co-CEO in 2025.
00:07
Ethereum Spot ETFs saw total net outflows of $82.8519 million yesterday, with none of the nine ETFs recording net inflows.
Svmuu News: According to SoSoValue data, Ethereum spot ETFs saw total net outflows of $82.8519 million yesterday (March 6, Eastern Time). The Ethereum spot ETF with the highest single-day net outflow yesterday was Fidelity’s FETH ETF, with a net outflow of $67.5669 million. FETH’s total historical net outflow now stands at $218 million. Second was Grayscale’sEthereum, with a single-day net outflow of $5.9979 million; its total historical net inflow currently stands at $84.1805 million. As of the time of writing, the Ethereum’s total net asset value stands at $11.283 billion, with an ETF net asset ratio (market cap as a percentage of the total market cap of the Ethereum) of 4.72%. Its cumulative historical net inflows have reached $11.629 billion.
Ethereum Spot ETFs saw total net outflows of $82.8519 million yesterday, with none of the nine ETFs recording net inflows.
00:06
Bitcoin Spot ETFs Saw a Total Net Outflow of $349 Million Yesterday, with None of the Twelve ETFs Experiencing Net Inflows
Svmuu News According to SoSoValue data, the total net outflow for Bitcoin spot ETFs yesterday (March 6, Eastern Time) was $349 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FBTC, with a single-day net outflow of $159 million. Currently, FBTC's historical total net outflow has reached $153 million.
Next was the BlackRock ETF IBIT, with a single-day net outflow of $143 million. Currently, IBIT's historical total net inflow has reached $660 million.
As of the time of writing, the total net asset value of Bitcoin spot ETFs is $87.075 billion. The ETF net asset ratio (the proportion of market value compared to Bitcoin's total market capitalization) has reached 6.39%, and the historical cumulative net inflow has reached $55.369 billion.
Bitcoin Spot ETFs Saw a Total Net Outflow of $349 Million Yesterday, with None of the Twelve ETFs Experiencing Net Inflows
3/6
23:46
Sky Co-Founder Rune's Associated Wallet Deposits 4 Million USDC into Hyperliquid to Open Long Position on Crude Oil
Svmuu News According to Onchain Lens monitoring, a wallet associated with Sky co-founder Rune deposited 4 million USDC into Hyperliquid to open a 20x leveraged long position on WTI crude oil futures.
23:43
Rumors of Warden Protocol Suspected Rug Pull, Token Price Plummets 90% Since Listing on Binance Alpha
Svmuu News According to community user feedback, Warden Protocol (WARD) is suspected of a rug pull. Its token price has plummeted 90% since its listing on Binance Alpha. It is reported that Warden Protocol was previously positioned as an intent-driven modular blockchain network, later pivoting to AI-related narratives. It once claimed that its three co-founders all have former Binance backgrounds.
23:35
Bitdeer Sold 163.1 BTC This Week, Maintaining Zero Holdings
Svmuu News Nasdaq-listed Bitcoin mining company Bitdeer released its latest Bitcoin holdings data on the X platform. As of the week ending March 6, it maintained zero Bitcoin holdings. This week, its Bitcoin mining output was 163.1 BTC, but it sold 163.1 BTC during the same period.
23:25
A whale spent 12.5 million USDC to buy 6,228 ETH yesterday at an average price of $2,007
Svmuu News According to Lookonchain monitoring, a whale spent 12.5 million USDC to buy 6,228 ETH 14 hours ago, with an average price of $2,007.
23:23
PBOC Governor Pan Gongsheng: Maintaining High-Pressure Crackdown on Illegal Financial Activities Such as Virtual Currency Speculation, Key Financial Risks Are Contained
Svmuu News At a press conference on economic topics during the Fourth Session of the 14th National People's Congress, Pan Gongsheng, Governor of the People's Bank of China (PBOC), stated that over the past year, financial risks in key areas of China have been resolved in an orderly manner overall, with the financial system and markets operating smoothly and risks in key areas continuing to be contained. The PBOC, in collaboration with relevant departments, has maintained a high-pressure crackdown stance on illegal financial activities such as illegal fundraising, virtual currency trading speculation, and underground banking. In the next step, the PBOC will continue to orderly resolve risks in key areas to prevent financial risks and maintain financial stability, work with industry regulators and law enforcement departments such as public security to continue the high-pressure crackdown on illegal financial activities, closely monitor and assess the impact of external shocks, and utilize macroprudential and financial stability policy tools to promptly mitigate or block risk contagion.
23:18
Analyst: Oil prices hit a more than two-year high; the current situation poses a real risk to the global economy
Svmuu News: Oil prices have risen to their highest levels in more than two years after Qatar’s energy minister warned that oil production in the Gulf region could come to a complete halt within days. Jorge Leon, an analyst at Rystad Energy, commented that the current situation poses a real risk to the global economy. If this situation persists for more than two weeks, the likelihood of significant impacts on the energy system and the global macroeconomic outlook will be much higher. If Gulf nations are unable to export oil, they will need to store it, and once storage capacity is exhausted, they will have to halt production. Expectations that oil prices will exceed $100 per barrel are “realistic,” but the key factor is how long prices remain at that level. At that point, governments around the world would likely release their strategic oil reserves, just as they did following the Russia-Ukraine conflict. Lindsay James, an investment strategist at Quilter, noted that a prolonged halt to all oil and gas production in the Gulf region represents an extreme scenario. Market trends suggest that investors expect the disruption to traffic through the Strait of Hormuz to be resolved quickly, but the risk that the conflict will last longer than initially anticipated is growing by the day. For households, the pressure will primarily come from energy prices rather than a broad inflationary shock. The greater economic risk stems from persistently high energy costs, which could severely hamper economic growth. (Jin Shi)
22:46
Florida Senate Unanimously Passes Stablecoin Regulatory Bill, Establishing State-Level Regulatory Framework for Payment Stablecoins
Svmuu News The Florida Senate passed Senate Bill 314 on Thursday with a vote of 37 in favor and 0 against, paving the way for establishing a regulatory framework for payment stablecoin issuance in the state. The bill, along with its companion House Bill 175, will be submitted to Governor Ron DeSantis for signature within the next 30 days. It is reported that the bill prohibits payment stablecoin issuers from paying any form of interest to holders, provided that "federal law prohibits such payments." The companion bill, CS/CS/SB 1440, was also passed on the same day, expanding confidentiality protections for information from virtual currency businesses, qualified payment stablecoin issuers, and other institutions to safeguard trade secrets and non-public information. (The Block)
22:31
Analyst: Unexpectedly Weak Non-Farm Payrolls Indicate US Economy is in Volatility, Giving the Fed Reasons to Cut Rates
Svmuu News Bokeh Capital Partners Chief Investment Officer Kim Forrest stated that the unexpectedly weak non-farm payrolls data indicates the economy is in a state of volatility. We know that large-scale layoffs have already occurred. The difficulty in hiring during the COVID period led companies to retain far more employees than they actually needed, and many positions were essentially unnecessary. The methods we use to measure the economy do not necessarily convey the truly important information. Higher layoff rates and lower labor force participation rates give the Federal Reserve reasons to cut interest rates. (Jin10)
22:24
An investor went long on crude oil before the US-Iran war, making a profit of $923,000 in just 11 days
Svmuu News According to on-chain analyst Ai Yi's monitoring, an investor went long on crude oil before the US-Iran war, making a profit of $923,000 in just 11 days:
02.24: US-Iran tensions escalated, went long on 40,000 CL at $66.41, valued at $2.656 million;
02.28: Large-scale military conflict between US and Iran, Iran blockaded the strait, held firm;
03.02: Crude oil surged violently on the first trading day after the war broke out, held firm;
03.07: Crude oil futures price hit a yearly high, exited position with profit at $89.5.
22:18
U.S.-Listed Company Hyperscale Data Increases Bitcoin Holdings to Over 610 BTC
Svmuu News: Hyperscale Data, a company listed on NYSE American, announced that its Bitcoin treasury holdings have increased to 610.9188 BTC, with a total market value of approximately $40 million. Its wholly-owned subsidiary, Sentinum, holds 564.7252 BTC (including approximately 440.2341 BTC acquired on the open market and about 124.4912 BTC obtained from its Bitcoin mining operations). Another subsidiary, ACG, has purchased approximately 46.1935 BTC from the open market. The company's goal is to reach a Bitcoin value of $100 million on its balance sheet. (PRNewswire)
22:18
"CLARITY Act" Expected to Pass in July, White House and Senators Actively Pushing
Svmuu News: Kristin Smith, a veteran Washington crypto policy expert and President of the Solana Policy Institute, stated that the "CLARITY Act" legislation targeting crypto assets and services could pass Congress before July this year. In the latest episode of the "Fortune Crypto Playbook" program, Smith pointed out that despite Coinbase CEO Brian Armstrong withdrawing his support in January, which caused industry concern, the active involvement of several key senators and the White House team has kept the bill on track for advancement. Smith revealed that the legislative team is pushing for the Senate Banking Committee to complete its review in March-April, so that the bill can be submitted for a full Senate vote before the July recess. She emphasized that both traditional financial institutions and crypto companies are actively participating in negotiations for the first time, and President Trump is also pressuring banks through social platforms, increasing the likelihood of the bill's passage. If it proceeds smoothly, the "CLARITY Act" will provide clear rules for integrating crypto assets into the mainstream financial system, marking a new stage in crypto industry regulation. (Fortune)
22:00
Sources Say Trump Expresses "Strong Interest" in Deploying U.S. Ground Troops in Iran
Svmuu News Sources from the U.S. side indicate that President Donald Trump has privately expressed a "strong interest" in deploying U.S. ground troops within Iran. According to the sources, Trump has discussed the idea of deploying ground forces to Iran with aides and Republican officials. He showed strong interest in the concept, but the focus of the related considerations is not on a "large-scale ground invasion of Iran." Instead, it leans towards "deploying a small U.S. military unit for achieving specific strategic objectives." The sources also stated that Trump has not made any decisions or issued any orders regarding ground troops. White House Press Secretary Levitt stated in a declaration that day that these sources are not members of the U.S. President's National Security Team. (CCTV News)
21:57
New York Federal Judge Approves Class Action Status for Investors in Tether and Bitfinex Market Manipulation Case
Svmuu News According to court documents from the United States District Court for the Southern District of New York, a federal judge in New York has approved the plaintiffs' motion for class certification in the market manipulation lawsuit against Tether and Bitfinex. The case has been divided into two plaintiff groups: spot investors and futures traders. The lawsuit alleges that Tether and Bitfinex manipulated cryptocurrency market prices by issuing USDT between 2017 and 2019, causing investors who purchased BTC and ETH to suffer losses amounting to hundreds of billions of dollars. (Law360)

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