According to the latest data from Gate, gold prices rose to $5,176.92 per ounce, a daily increase of 0.69%. Silver prices rose to $84.525 per ounce, a daily increase of 1.21%. The BVIX (BTC Volatility Index) is currently quoted at 55.03, a daily decrease of 0.83%. The EVIX (ETH Volatility Index) is currently quoted at 74.65, a daily increase of 0.89%. In the foreign exchange market, the USD/CNH exchange rate fell 0.03% to 6.88711. The USD/JPY exchange rate fell 0.24% to 156.673. In global stock indices, the Euro Stoxx 50 rose 1.19% to 5,891.39 points; the UK FTSE 100 fell 0.31% to 10,576.17 points; and the German DAX 40 rose 0.99% to 24,255.88 points. In commodities, WTI crude oil rose 0.69% to $76.68 per barrel, while Brent crude oil rose 0.54% to $83.37 per barrel. Gate allows users to directly trade traditional financial market products on its platform, providing a one-stop solution for precious metals, forex, global equity CFDs, major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate TradFi features have been fully integrated into the Gate App and Web platform, allowing users to easily participate in global asset price trading without switching platforms, unlocking more strategies and opportunities outside the crypto market, and continuously enhancing their diversified asset allocation experience.

Crypto journalist Eleanor Terrett reported on the X platform that another major cryptocurrency tax reform advocate in the US Senate will not seek re-election. Senators Lummis and Steve Daines have already confirmed they will not run for re-election, and Marsha Blackburn, if elected governor of Tennessee, will also leave the Senate.

According to SoSoValue data, the crypto market saw a broad-based rally. Bitcoin (BTC) rose 6.85%, surpassing $72,000; Ethereum (ETH) rose 7.45%, surpassing $2,100. The RWA sector performed exceptionally well, rising 7.26%, with MANTRA (MANTRA) rising 39.03% and Sky (SKY) rising 7.58%. Notably, MAG7.ssi rose 6.40%, DEFI.ssi rose 4.49%, and MEME.ssi rose 7.49%. In other sectors, the Meme sector rose 5.68% in the last 24 hours, with BUILDon (B) up 13.20%; the PayFi sector rose 4.92%, with Telcoin (TEL) up 7.64%; the DeFi sector rose 3.85%, with CoW Protocol (COW) up 8.96%; the CeFi sector rose 3.72%, with Gate (GT) up 4.18%; the Layer 1 sector rose 3.56%, with Decred (DCR) up 11.61%; the Layer 2 sector rose 1.89%, with Stacks (STX) up 5.08%; and the AI ​​sector rose 1.70%, with Venice Token (VVV) up 15.51%. Crypto sector indices reflecting historical sector performance show that the ssiRWA, ssiMeme, and ssiLayer1 indices rose 6.57%, 5.17%, and 4.71%, respectively.

The UK Treasury announced on Monday the formation of a "Transatlantic Future Markets Task Force" with the U.S. government. According to ChainCatcher, the initiative aims to streamline procedures for businesses entering the capital markets of both countries and enhance cooperation in the crypto asset sector. The task force is expected to deliver a report within 180 days, exploring short-term improvements and long-term options, particularly in the wholesale digital markets. This move has been approved by UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Besant. The task force will be co-chaired by officials from both countries' finance ministries and will include participation from regulatory agencies.

Solana-based lending protocol Loopscale has announced that LP tokens from Orca and Raydium can now be used as collateral. According to BlockBeats, Loopscale's order book architecture allows for pricing based on the specific conditions of each position, rather than incorporating them into a centralized lending pool model. This credit market infrastructure unlocks over $1 billion in yield liquidity. The system independently evaluates and prices each LP based on multiple variables, including price range, fee levels, and underlying assets.

On March 5, a significant Ethereum investor on Hyperliquid increased their Bitcoin holdings, according to BlockBeats. The investor added to their Bitcoin long position at an average price of $68,178, bringing the total value to $47.41 million. This move has resulted in an unrealized profit of $3.1 million. Additionally, the investor holds a long position in 120,000 ETH, with an unrealized profit of $16.2 million. Overall, the total unrealized profit from these positions amounts to $19.3 million.

Hong Kong's AI application stocks experienced significant gains, with MINIMAX-WP (00100.HK) leading the charge by rising nearly 13%. According to Jin10, other notable performers included WeRide-W (00800.HK) and Mobvista (01860.HK), both increasing by over 5%. Additionally, Pony.ai-W (02026.HK) saw a rise of more than 4%, reflecting growing investor interest in AI technologies.

The U.S. Department of Justice has decided to cease its investigation into President Joe Biden's use of an autopen, according to NBC News. The decision was made after the department was unable to identify applicable criminal statutes for the matter. According to Jin10, the investigation initially aimed to determine whether the use of an autopen, a device that replicates a person's signature, violated any legal provisions. However, the lack of specific laws governing the use of such devices led to the conclusion that no criminal charges could be pursued. The autopen has been used by various officials for signing documents when they are unable to be physically present, and its legality has been debated in political circles. The DOJ's decision marks the end of this particular inquiry, leaving the use of autopen unchallenged under current legal frameworks.

According to SoSoValue data, the XRP spot ETF saw a total net inflow of $4.1914 million yesterday (March 4th, Eastern Time). Only the Canary XRP ETF (XRPC) saw a net inflow yesterday, with a single-day net inflow of $4.1914 million, bringing its total historical net inflow to $5.6366 million. As of press time, the XRP spot ETF has a total net asset value of $1.08 billion, an XRP net asset ratio of 1.21%, and a historical cumulative net inflow of $1.259 billion.

Financial institutions can only transform the potential of AI into a sustainable competitive advantage, rather than an uncontrollable source of risk, by systematically planning from multiple dimensions such as governance, standards, technology, and compliance.

The massive scale of U.S. government spending has become a major driver of economic growth and inflation, surpassing the impact of monetary policy or private sector borrowing.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 2986, providing you with the latest and fastest news on the digital currency and blockchain industry.

When an asset class becomes large and popular enough, its development is not solely supported by accounting strategies; the fundamental driving force behind it is always trust.

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.

Homogeneous industries are ultimately fragile; only when different species emerge can a market truly thrive.

During the Chinese New Year holiday, a discussion about the concept of "Web 4.0" sparked a heated debate on Twitter.

War can only tell you the truth; four "rules" are needed to help you seize opportunities, especially the fourth one.

US President Trump publicly named traditional banks, accusing them of trying to block the GENIUS Act and delay the CLARITY Act.

The crypto market is always the same: a "deep bear market" is causing a brutal shakeout. (Golden Finance) The cycles repeat themselves, and it's always the same.