The S&P 500 Index and Nasdaq 100 Index decline narrowed to 0.5%

U.S. XRP spot ETF had a total net inflow of $7,525,500 in a single day

According to SoSoValue data, on March 3rd, XRP spot ETF had a total net inflow of $7,525,500, with Bitwise XRP ETF experiencing the highest net inflow. The current total net asset value of XRP spot ETF is $1.001 billion, with a historical total net inflow of $1.255 billion.

Fires reignited: How Middle East conflict is reshaping the risk premium of gold and crude oil

The Middle East conflict intensifies, posing significant challenges to energy and financial markets. Crude oil and gold prices rise in tandem, with supply risks and inflation expectations driving market reactions. The article analyzes the impact of the war on oil and gold prices and explores Bitcoin's performance amid high uncertainty. Key variables include spillover risks from the conflict, shipping costs, and inflation trajectories. In the future, markets will reassess safety and risk asset allocations.

BlackRock Bitcoin ETF single-day inflow reaches $767 million, the highest in five months

BlackRock's Bitcoin Spot ETF (IBIT) recently saw a single-day capital inflow of $767 million, the largest in five months. In three days, the total inflow exceeded $1.1 billion, driving Bitcoin's price back above $69,000. This phenomenon indicates institutional capital actively deploying, reflecting independent thinking and confidence in market sentiment.

SWIFT and major banks test Ethereum-compatible blockchain payment infrastructure

Consensys is developing a common blockchain ledger compatible with Ethereum to enhance SWIFT's infrastructure, focusing on 24/7 interbank payments and tokenized asset transfers. Smart contracts within the system ensure compliance, making it suitable for tightly regulated banking environments. Major institutions like BNY Mellon and JP Morgan are participating, signaling a strategic move towards digital payment infrastructure by 2026, reflecting a broader trend among central banks and financial organizations.

Citibank is laying out Bitcoin infrastructure! Aiming to launch institutional-grade custody and cross-asset collateral this year

Citigroup is actively promoting the banking of Bitcoin, planning to launch institutional-grade custody services in 2026 to integrate traditional financial systems. By simplifying technical access and improving capital efficiency, Citigroup aims to reduce operational friction for institutional clients and incorporate digital assets into standardized management, further attracting conservative institutional funds into the crypto market.

African Bitcoin Company Chairman: Merchants refusing to accept US dollars, Bitcoin "Smart" becomes a practical circulating currency

In some parts of Africa, merchants are turning to Bitcoin as everyday currency rather than just an investment tool, due to high inflation in the region. Executive Chairman Masie highlighted the importance of Bitcoin in combating inflation and noted that the tech-savviness of the young population is driving cryptocurrency growth. On-chain data shows that the African crypto market is growing rapidly, offering a vast space for financial inclusion.