News

1. Paul Chan: Technologies such as blockchain and AI are empowering financial services, creating more efficient trading systems; 2. Iranian stock market suspends trading until next week; 3. Bakkt plans to raise $48.125 million through the issuance of Class A common stock and prepaid warrants; 4. A whale was partially liquidated today after opening 40x leveraged BTC long and 20x leveraged SOL long positions; 5. Iranian President: Revenge is a "legitimate right and duty"; 6. Ethereum's Q1 return is currently -32.17%, Bitcoin is currently -23.21%; 7. Data: Polymarket platform's US-Iran conflict-related event contracts have attracted $600 million; 8. Bitcoin on-chain NFT trading has shrunk significantly, with February sales falling below $25 million, the lowest since March 2023; 9. Whale "pension-usdt.eth" closed Bitcoin long positions, earning $466,000 in profit; 10. Bitwise: Bitcoin investors need to hold for at least three years to avoid losses, with nearly a 50% probability of loss for short-term trading; 11. 21st Century Business Herald: Hong Kong will provide guidance to clarify that bondholder registers can be maintained using distributed ledgers.

BlockBeats News, March 1st, according to Reuters estimates, dozens of ships are gathered in the waters of Iran, Iraq, Kuwait, and the UAE, located outside the Strait of Hormuz; dozens of other ships are anchored off the coast outside the Strait of Hormuz. At least 150 tankers, including oil and oil product tankers, are anchored in the Gulf of Middle East while crossing the Strait of Hormuz. In addition, at least another 100 tankers are anchored near the coasts of the UAE and Oman outside the Strait of Hormuz. (FX168)

The Egyptian stock market opened with a gap down, with the decline slightly expanding to nearly 5.84%, and is currently narrowing to nearly 2.60%. The Saudi stock market opened with a gap down of 4.81%, and is currently maintaining a 2.35% decline—holding steady near the "daily high".