A recent increase in oil prices, influenced by the ongoing US-Israel conflict with Iran, is unlikely to resolve the Kremlin's budgetary issues. Bloomberg posted on X, highlighting that while the surge may not address Russia's fiscal challenges, it could assist in replenishing the country's rapidly diminishing rainy-day reserves. The geopolitical tensions have contributed to fluctuations in the global oil market, impacting various economies. Despite the potential benefits for Russia's reserves, the broader economic implications remain uncertain.

On March 5, Tether announced a strategic investment in fintech company Axiym to advance the use of USDT in global payment and settlement systems and improve cross-border payment efficiency. According to BlockBeats, Axiym is developing a global distributed fund and settlement infrastructure that embeds financial services within a compliant payment ecosystem and supports the 'Pay Now, Settle Later' post-settlement payment model. This system will natively integrate USDT fund flows, allowing payment companies to use USDT directly within their existing fund management systems without additional settlement paths or complex infrastructure. Currently, Axiym's distributed settlement network spans 140 countries and 70 currencies, supporting real-time settlement between payment processors and global payment aggregators, aiming to make cross-border fund flows more immediate, predictable, and efficient. Tether CEO Paolo Ardoino stated that the investment will help expand USDT's practical application scenarios in advanced payment ecosystems, lower liquidity access barriers, and promote a more efficient and scalable global payment system. Axiym founder and CEO Khibar Rassul expressed that directly integrating USDT into regulated payment infrastructure can transform stablecoins from mere asset forms into core capabilities within actual payment processes.

ICE, the parent company of the New York Stock Exchange, invests in OKX at a valuation of $25 billion.

Sierra Space has successfully raised $550 million in funding, marking a significant step in its ambition to become a defense contractor for the U.S. government. Bloomberg posted on X that this financial boost is expected to enhance the company's capabilities in the aerospace sector. The funding round, which attracted substantial interest from investors, underscores the growing confidence in Sierra Space's potential to contribute to national defense initiatives. The company aims to leverage this capital to expand its technological offerings and secure contracts with the U.S. government. Sierra Space's strategic focus on defense aligns with broader industry trends, as private aerospace firms increasingly seek to collaborate with government entities. This move is anticipated to position Sierra Space as a key player in the defense sector, enhancing its competitive edge and market presence. The infusion of capital will also support the company's ongoing projects and research efforts, enabling it to innovate and develop advanced solutions for defense applications. As Sierra Space continues to grow, it remains committed to delivering cutting-edge technologies that meet the evolving needs of the U.S. defense landscape.

Key takeawaysBitcoin broke above $72,000 for the first time since the Feb. 5 crash.Major altcoins rallied, with Ether up 7.5%, Dogecoin 7.5%, Solana 5.3%, and XRP 4.2%.More than $700 million flowed into U.S. spot Bitcoin ETFs since the start of March.Improving risk sentiment and stabilizing oil markets helped boost crypto prices.Bitcoin Breaks $72K as Crypto Market ReboundsBitcoin surged above $72,000, marking its first decisive breakout above the level since the market crash on Feb. 5.The leading cryptocurrency traded near $72,180 during Asian trading hours, rising 5.9% over the past 24 hours and 5.4% for the week.The move comes as global risk sentiment improved following signs that the Middle East conflict may not escalate further and as strong institutional demand continued through ETF inflows.Altcoins Lead Broad Crypto RallyThe rally spread across the wider crypto market, with several major altcoins posting strong gains.Notable movers include:Ethereum (ETH) – up 7.5% to $2,114, reclaiming the $2,000 levelDogecoin (DOGE) – up 7.5% to $0.095Solana (SOL) – up 5.3% to $89.91XRP – up 4.2% to $1.41BNB – up 3% to $650WhiteBIT Coin – up 5.6%The only major laggard among top tokens was Tron, which gained about 1.4%.ETF Inflows and Equity Rebound Boost Risk AppetiteInstitutional demand has also helped fuel the crypto rally.More than $700 million flowed into U.S. spot Bitcoin exchange-traded funds since the beginning of March, reinforcing confidence among investors.At the same time, global equity markets rebounded sharply.Asian stocks surged, including South Korea’s benchmark index, which jumped 11% after suffering its biggest drop on record the previous day.The recovery in equities helped restore risk appetite across financial markets, benefiting cryptocurrencies.Oil Retreat and Strait of Hormuz Stabilization Calm MarketsAnother key driver behind the rally is the easing of geopolitical panic.Early fears that the conflict between Iran, Israel, and the United States would disrupt global oil supplies have partially subsided.Conditions around the Strait of Hormuz appear to be stabilizing as U.S. naval escorts for oil tankers begin operating in the region.Oil prices have retreated from their early-week spike, reducing concerns about an immediate energy supply shock.Markets Shift From Panic to Pricing ModeAlthough the conflict continues with ongoing military operations, investors appear to be moving past the initial shock.Markets are increasingly pricing in a limited regional conflict rather than a broad escalation, which has allowed risk assets such as cryptocurrencies and equities to recover.If the current trend continues, analysts believe Bitcoin’s breakout above $72,000 could pave the way for the next resistance level near $74,000–$75,000, potentially extending the broader crypto market rally.

Brazil's Central Bank Governor has stated that the central bank will not react to market noise or single data points. According to Jin10, the governor emphasized the importance of maintaining a steady approach to monetary policy, focusing on broader economic indicators rather than isolated data. This stance aims to ensure stability and avoid hasty decisions based on short-term fluctuations. The central bank's commitment to a measured response reflects its strategy to navigate economic challenges effectively.

A crucial indicator of anticipated UK interest rate movements has climbed to its highest level this year, raising concerns about potential increases in mortgage expenses. Bloomberg posted on X, highlighting the growing apprehension among homeowners and financial analysts. The rise in this gauge suggests that the market is bracing for further adjustments in interest rates, which could lead to higher borrowing costs for mortgages. This development comes amid ongoing economic uncertainties and inflationary pressures, prompting speculation about the Bank of England's next steps in monetary policy. As the situation unfolds, stakeholders are closely monitoring the implications for the housing market and overall economic stability.

Iran's Foreign Ministry has clarified its stance, stating that the country is not indiscriminately targeting its neighboring nations. According to Jin10, the ministry emphasized that Iran's actions are directed towards assets and military bases that are utilized for aggression against Iran. This statement comes amid heightened tensions in the region, as Iran seeks to address perceived threats to its national security. The ministry's remarks aim to reassure neighboring countries of Iran's intentions, focusing on defensive measures rather than offensive actions.

Bitcoin mining company BitFuFu released its February 2026 operational update: A total of 227 Bitcoins were produced in February, with 190 from cloud mining and 37 from self-operated mining. Total managed hashrate increased by 28.2% year-over-year to 26.4 EH/s, with average energy efficiency remaining at 17.5 J/TH. As of February 28, BitFuFu held 1,830 Bitcoins and approximately $40 million in cash and cash equivalents. BitFuFu Chairman Leo Lu stated that the company maintains a prudent strategy in hashrate procurement to ensure operational flexibility. Despite the volatile Bitcoin price environment, its cloud mining business continues to generate positive cash flow, and the company currently maintains a net cash position and ample liquidity.

Mangalore Refinery and Petrochemicals Limited (MRPL), a state-owned oil refining company in India, has denied recent reports suggesting that its exports have been affected by force majeure. According to Jin10, MRPL clarified that its operations and export activities are continuing as usual, dismissing any claims of disruptions. The company emphasized its commitment to fulfilling its contractual obligations and maintaining a steady supply chain. This statement comes amid speculation about potential impacts on India's oil exports, which MRPL has firmly rejected. The company reassured stakeholders of its operational stability and ongoing efforts to meet market demands.

The Governor of Brazil's Central Bank recently emphasized the importance of the term 'tranquility' in interpreting market data. According to Jin10, the governor highlighted that this term is crucial for understanding the current economic landscape and its implications for future monetary policy decisions. The central bank aims to maintain stability and confidence in the financial markets by using clear and calm communication strategies. This approach is intended to provide reassurance to investors and stakeholders amid global economic uncertainties. The governor's remarks underscore the central bank's commitment to transparency and effective communication in its operations.

Artificial intelligence: The first generation of children "fed" by AI has already been "poisoned." Golden Finance: Technology is creating a generation of "mental isolation."

The world’s hottest meme coin, Dogecoin, has surged nearly 15% in the past 24 hours, leading gains among the top 100 cryptocurrencies by market capitalization as a broader crypto rebound gathered momentum.

Western Union is launching the USDPT stablecoin on Solana, letting users send digital dollars that can be picked up as cash worldwide. It will be issued by Anchorage Digital Bank and link blockchain payments to Western Union’s cash network.

X has started beta testing X Money, letting users send, receive and earn on deposits. Elon Musk aims to make X a full financial app, with crypto integration possible in the future.

Cryptocurrency, Regulation, 20% of Americans are on the sidelines: The key to the next wave of growth in the crypto market is here. Golden Finance: The "potential holder" group is crucial.

Artificial intelligence firm Anthropic is racing to repair a deepening rift with the White House after renewed negotiations with the United States Department of Defense were opened in a last-minute attempt to preserve access to lucrative military contracts.

While traditional financial markets are closed and traders are preparing to enjoy the weekend, a trading frenzy is unfolding in the cryptocurrency world.

Anthropic’s revenue run rate has passed $19 billion, more than doubling from late 2025 due to rising demand for its AI tools, including Claude Code. At the same time, the Pentagon has labelled the company a supply-chain risk after a dispute over military use of its AI technology.

AI is reshaping the occupational structure of the Web3 industry, reducing repetitive jobs and creating new ones.