Senator Elizabeth Warren has requested the U.S. Commerce Department to provide records related to Bitmain, focusing on any measures taken concerning potential national security issues. According to NS3.AI, the inquiry also brings attention to connections with the Trump family following American Bitcoin's purchase of 16,000 Bitmain rigs for $314 million in August 2025.

Washington state has initiated legal action against Kalshi, accusing the prediction market operator of breaching state gambling regulations with its offerings. According to NS3.AI, Kalshi has responded by transferring the case to federal court, asserting that similar legal matters are currently under litigation in other jurisdictions. Earlier this month, a Nevada judge imposed a temporary 14-day ban on Kalshi's operations within the state.

Yesterday marked the one-year anniversary of the Myanmar earthquake, which had significant impacts in Thailand. According to Ming Pao, the only building affected in Thailand was the under-construction National Audit Office in Bangkok. Despite the disaster resulting in 93 fatalities, 3 missing persons, and losses exceeding 20 billion Thai baht, no officials have been held accountable to date.

A notorious figure from South Korea's military dictatorship era, known for his brutal treatment of social activists, has died. According to Ming Pao, Lee Geun-an, often referred to as a 'torture expert,' passed away last Wednesday at a nursing home in Seoul. He was 88 years old.

The United States has been working on a new strategic layout in the Middle East, but progress has been limited due to regional instability. According to Ming Pao, the ongoing conflict in Iran has left the timeline for resolution uncertain. Scholars are questioning whether Gulf countries will remain interested in cooperating with U.S. President Donald Trump's administration following the conflict.

The United States and Israel are experiencing significant ammunition shortages as their conflict with Iran enters its second month. According to Ming Pao, U.S. media reported on the 27th that the U.S. military has already used 850 Tomahawk cruise missiles, raising concerns among Pentagon officials about the rapid depletion and prompting discussions on how to increase supply. Israel is also rationing its use of advanced Arrow missiles to preserve its top-tier defense capabilities. However, the country has resorted to using the upgraded but less reliable David's Sling air defense missiles. This shift in strategy has led to vulnerabilities, as demonstrated by two Iranian ballistic missiles striking towns in southern Israel.

U.S. Secretary of State Rubio recently addressed the media following a meeting with G7 foreign ministers in Paris, stating that the military action against Iran is expected to conclude within weeks rather than months. According to Ming Pao, Rubio emphasized that the objectives of the conflict could be achieved without deploying ground forces. U.S. media outlet Axios reported that Rubio informed the G7 foreign ministers that the war might last an additional two to four weeks, which is slightly longer than the initial four to six weeks announced by U.S. President Donald Trump at the onset of the conflict. Rubio also urged G7 member countries to participate in ensuring the free passage of ships through the Strait of Hormuz after the conflict.

Yemen's Houthi forces, a member of Iran's 'Axis of Resistance,' confirmed yesterday that they launched their first attack on Israel in support of Iran. According to Ming Pao, this marks the first assault on Israel since the U.S.-Israeli strikes on Iran began a month ago. The Houthis had previously outlined three conditions for potentially joining the conflict, and their missile launch signifies their formal entry into the ongoing Middle East conflict. This development raises concerns about further escalation in the region, potentially threatening oil exports and the security of shipping routes in the Red Sea area.

Gold has traditionally been a preferred safe-haven asset, but recent global events have seen its value decline. According to Ming Pao, despite the ongoing conflict between the United States and Israel against Iran, gold prices have dropped approximately 15% over the past month. Analysts suggest that prior to the conflict, gold prices had already reached inflated levels, diminishing its effectiveness as a hedge. The recent withdrawal of speculators has contributed to the price correction. Additionally, rising bond yields have attracted capital away from gold. Several central banks have also been selling portions of their gold reserves to combat inflation driven by soaring oil import prices. Industry experts believe that gold prices may only stabilize and recover once they return to fundamental levels.

The recent U.S. airstrike on Iran's nuclear facilities has heightened concerns about the possibility of a prolonged period of high oil prices, which could impact the global economy and delay interest rate cuts. According to Ming Pao, the market's expectations for a short-term ceasefire have diminished, leading investors to sell off U.S. stocks ahead of the weekend. The CBOE Volatility Index (VIX), often referred to as the 'fear index,' closed at 31.05, marking its highest level since April last year when the U.S. announced 'reciprocal tariffs.' The Nasdaq closed at 20,948 points, down 2.15%, while the Dow Jones Industrial Average fell 1.73% to 45,166 points. Both indices have retreated more than 10% from their recent highs, entering correction territory. Analysts suggest that if oil prices remain at $100 per barrel over the next three months, it could significantly affect prices and household spending, putting further downward pressure on U.S. stocks, potentially leading to an additional 10% decline.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

The significant correction in gold prices this time is the result of the resonance of multiple macroeconomic factors at a specific stage. Its essence is the temporary suppression of long-term safe-haven logic by short-term pricing logic, rather than the disappearance of gold's safe-haven attributes.

The physical properties of gold and silver make them the ultimate means of storing value that transcends economic cycles.

Just 15 minutes before US President Trump withdrew his threat to strike Iranian power plants, citing "productive dialogue with Iran," oil futures worth approximately $580 million changed hands rapidly.

On March 5, 2026, the American Banking Association did something unusual: it publicly rejected a compromise negotiated by the White House over several weeks. Just two days earlier, Trump had publicly warned on Truth Social that banks were "hijacking the bill."

Raphaël Thuin of Tikehau Capital points directly to the core contradiction: "The traditional concept of safe-haven assets is increasingly being challenged. The ever-evolving dynamics of the global economy and financial markets have complicated this narrative."

Market trends, crypto market, investment, crypto crash, US-China AI war... Jinse Finance: What have the crypto KOLs been talking about in the past 24 hours?

In 2026, Naval's statement "Software was eaten by AI" went viral, garnering over 100 million views and definitively announcing the end of the software era and the arrival of the AI ​​era.

The war with Iran has become the strongest geopolitical shock to the global energy market since the Gulf War in 1990.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.