Jim Bianco, president of Bianco Research posted on X, questions the PCE-CPI chart's residual seasonality over 40 years of data. He asks why this phenomenon isn't observed in other years.

American Bitcoin plans to enhance its Bitcoin mining capabilities by adding 11,298 ASIC machines. According to ChainCatcher, this expansion is expected to increase the company's computing power by approximately 12%.

The European Central Bank (ECB) has raised concerns about the increasing use of stablecoins and its potential impact on traditional banking systems. According to Cointelegraph, a new ECB working paper released Tuesday highlights that the growing adoption of stablecoins, which are digital assets often pegged to currencies like the US dollar or euro, could draw funds away from traditional bank deposits. This shift may weaken the transmission of monetary policy through lending channels. The ECB's analysis indicates a measurable decline in retail bank deposits and a reduction in lending to firms as interest in stablecoins rises. The report suggests that stablecoins could reduce the amount of credit banks provide to the real economy. The effects of stablecoin adoption are described as nonlinear, varying based on the scale of adoption, design features, and regulatory frameworks. This report is part of the ECB's ongoing efforts to monitor stablecoins, whose market capitalization has surged over the past three years to $312 billion and is projected to reach $2 trillion by 2028. In examining the impact on banks, the ECB identified a deposit-substitution effect, where households and firms shift funds from retail bank deposits to digital assets. The study notes that banks heavily rely on deposits as a stable and low-cost funding source to support lending to households and businesses. A decline in deposits could force banks to depend more on wholesale or market-based funding, which is typically more expensive and less stable. The report also highlights that stablecoins can alter how policy interest rates affect bank funding costs and lending, with impacts varying by adoption scale, design, and regulation. The ECB warns that stablecoin adoption could interfere with multiple monetary policy transmission channels, potentially weakening the predictability of policy actions. Additionally, the central bank cautions that foreign-currency stablecoins could further weaken the connection between domestic monetary policy and bank lending, with risks amplified when the market is dominated by non-euro-denominated tokens. The study reiterates that US dollar-backed stablecoins constitute the vast majority of the stablecoin market. Data from CoinGecko shows these dollar-pegged tokens are valued at $301 billion, representing 97% of the total stablecoin market capitalization at the time of publication.

Target has announced an optimistic profit forecast for the full year, suggesting that its strategic turnaround initiatives are yielding positive outcomes. Bloomberg posted on X, highlighting the retailer's efforts to enhance its financial performance. The company has been implementing various measures to improve its operations and customer engagement, which appear to be contributing to its favorable financial outlook. This development comes as Target continues to navigate the competitive retail landscape, aiming to strengthen its market position and drive growth.

Bitcoin's daily chart has recently formed a death cross, where the 50-day moving average has fallen below the 200-day average. According to NS3.AI, this technical pattern often indicates potential further price declines. Historically, similar death crosses have preceded significant drops in Bitcoin's price, such as a 50% fall in 2022. Analysts suggest that Bitcoin might bottom out between $30,000 and $45,000, potentially implying up to a 30% further decline from current levels.

人工智能,乱世生存：反脆弱之路 金色财经,如何在这种混乱的世界中，生存并获得竞争力？

Jim Bianco, president of Bianco Research posted on X, commented on the Federal Reserve's preference for PCE over CPI. He inquired about the positive spread between the two measures.

据 Gate 数据，现货白银日内暴跌 12.00%，跌破 79 美元/盎司。

Iranian officials have stated that they are closely monitoring the locations where Israeli Prime Minister Benjamin Netanyahu holds meetings. According to Jin10, this development underscores the ongoing tensions between Iran and Israel, as both nations continue to engage in strategic surveillance and intelligence activities. The statement from Iran highlights the geopolitical complexities in the region, with implications for international relations and security dynamics. The monitoring of Netanyahu's meeting locations is part of a broader pattern of intelligence gathering and counter-surveillance efforts by Iran, aimed at maintaining awareness of Israeli activities and potential threats. This situation reflects the persistent challenges in achieving stability and peace in the Middle East, as geopolitical rivalries and security concerns remain prevalent.

1. 现货黄金短线跳水近 100 美元；2. OpenClaw 获星次数超 25 万，成为 GitHub 上获星最多的软件项目；3. 德商银行：如果霍尔木兹海峡完全被封锁，油价很可能会涨至每桶 100 美元以上；4. Marc Zeller 的 Aave Chan Initiative（ACI）将于 7 月因治理分歧退出 AAVE；5. 现货白银日内暴跌 8%；6. 某 ETH 巨鲸一年内向币安存入价值 13.5 亿美元 ETH；7. 欧洲主要股市延续跌势，德国 DAX 指数日内大跌 4%；8. 伊媒：伊朗对位于卡塔尔、巴林和阿曼境内的美军基地及利益目标实施了打击；9. 以军称空袭伊朗总统府等“领导层建筑群”；10. 麻吉大哥今日上午存 25 万美元加仓 ETH，现账户仅剩 7.3 万美元。

长期以来，加密世界的“链上美元”几乎是默认货币标准。

New York gold prices experienced a decline during afternoon trading. According to Jin10, analysts from Commerzbank, including Thu Lan Nguyen, suggest that the market is currently more focused on inflation risks stemming from the Middle East conflict, which has reduced expectations for interest rate cuts. This shift in market sentiment also explains the continued strength of the U.S. dollar.

Circle’s stock extended its breakout Monday, climbing another 15% and pushing gains to roughly 60% since last week’s fourth-quarter earnings report, as investors rotate into stablecoin-linked equities amid a broader crypto rebound.

Eric Halem, a former LAPD officer, was convicted of kidnapping and stealing $350,000 in bitcoin from a 17-year-old after posing as police to enter his apartment. He will be sentenced on 31 March, while his co‑defendants have not yet stood trial.

“为什么Vitalik总在行情恐慌的时候抛售以太坊？”

The Bank of Japan (BOJ) has begun technical experiments using blockchain technology to test the settlement of deposits held at the central bank, marking a significant step in its exploration of distributed ledger systems within core financial infrastructure.

SpaceX可能最快准备在2026年3月向美国SEC提交IPO申报，根据媒体预测，这支股份的募资金额能够达到300亿美金，整体估值约1.75亿美金，直接超过Tesla和Meta。

The Bank of Japan is testing how central bank deposits could be used for settlements on blockchain systems through a controlled sandbox project. Governor Kazuo Ueda said the trials will explore connections with existing payment systems and potential uses like interbank and securities settlement.

Uniswap,Tornado,同一个法官 给了 Uniswap 和 Tornado 不同的结局 金色财经,时也，命也。

The U.S. Supreme Court has refused to hear a case brought by Stephen Thaler on whether art made only by AI can be protected by copyright in the United States. The U.S. Copyright Office had already rejected the work because it had no human creator, and the courts have now left that rule unchanged.