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BlockBeats News, March 4th, according to Alternative Data, today’s cryptocurrency Fear and Greed Index is 10 (yesterday was 14), and the market remains in a state of "Extreme Fear" for nearly a month.
Note: The Fear and Greed Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Buzz (15%) + Market Surveys (15%) + Bitcoin’s Market Share (10%) + Google Search Trends (10%).

ChainCatcher News, according to Coinglass data, if BTC drops below $64,869, the total long liquidation strength on major CEXs will reach $1.604 billion. Conversely, if BTC breaks through $71,677, the total short liquidation strength on major CEXs will reach $1.336 billion.

ChainCatcher News, according to Jinshi, Goldman Sachs CEO Solomon stated that the market needs a few weeks to digest the Iran situation. For any type of risk asset, people are looking for higher risk premiums.

Gate News bot message: According to the latest Gate TradFi data, VIX has dropped 1.5% in the short term, with current volatility significantly higher than recent average levels, and market activity has increased.

BlockBeats News, March 4 — According to The New York Times, three Iranian officials familiar with the discussions revealed that Mahmoud Ahmadinejad's son, Mojtaba, has become the leading candidate to succeed Iran's Supreme Leader. Officials stated that an Iranian expert committee is considering announcing Mojtaba as the successor on Wednesday morning, but some have expressed reservations, fearing that this move could make him a target for attacks by the United States and Israel.

PANews March 4 News, according to Cointelegraph, the governor of Indiana has officially signed HB 1042 (the Bitcoin Rights Act) into law. The bill aims to protect Bitcoin rights, prohibit discriminatory tax policies against cryptocurrencies, and allow digital assets to be used in state retirement plans.
According to previous reports, if the bill is signed by the governor, it will take effect on July 1, 2026.

Odaily Planet Daily News: The Nikkei 225 Index fell below 55,000 points, with a intraday decline of 2.31%. South Korea's KOSPI Index's decline widened to 6% (Jin10)

The deputy commander of the Iranian Islamic Revolutionary Guard Corps Navy stated that the Strait of Hormuz is now fully under Iranian control, with more than a dozen oil tankers hit by shells after ignoring warnings, resulting in serious damage. He reiterated that the region is at war, and any vessel could be targeted.

BlockBeats News, March 4th, according to CNBC, NVIDIA temporarily closed its Dubai office, and employees are working remotely.

ChainCatcher message: According to Arkham data, at 07:15, 79.24 BTC (approximately $2.13 million) was transferred from Cumberland DRW to an anonymous address (starting with bc1qkgt0e4...).

Trump announced that he will provide political risk insurance and financial guarantees for maritime trade in the Gulf region, and stated that the U.S. Navy may escort oil tankers to ensure the flow of global energy. This news caused Brent crude and WTI crude prices to plummet more than $2.5 in the short term.

Odaily Planet Daily reports that, according to the Iranian opposition news website "Iran International," under pressure from the Iranian Revolutionary Guard, Iran's Expert Assembly has elected Hassan Khomeini's son, Mojtaba, as the next Supreme Leader. The Expert Assembly is a special authority in Iran, established on November 12, 1983, responsible for electing and supervising the Supreme Leader of Iran. After the report was released, the prediction website Kalshi showed the probability of Mojtaba becoming Iran's Supreme Leader soaring to 77%.

Investment bank TD Cowen believes that the banking industry may be at a disadvantage in the debate over stablecoin yield policies, which could delay the progress of the U.S. Crypto Market Structure Act. The report notes that banks' opposition to stablecoin yields may harm consumer interests, making political support difficult to sustain. Meanwhile, the OCC is proposing rules related to stablecoins, including a ban on direct interest payments, and will also seek public comments in the future.

Affected by rising oil prices and changing interest rate expectations, Circle Internet Group's target price has been raised to $100, with the stock price increasing nearly 8% to $103.71. Analysts note that changes in interest rates could have a greater impact on valuation. Although revenue expectations have been slightly raised, a clearer regulatory framework may intensify competition, putting long-term profit margins under pressure.

A16z Crypto releases a technical update, pointing out the industry's misuse of the "zero-knowledge" concept and emphasizing that a true zkVM must possess zero-knowledge properties, not just simplicity. As privacy demands increase, mixing concepts becomes problematic. A16z enhances the privacy capabilities of Jolt zkVM by introducing the NovaBlindFold folding scheme.

Gate News bot message: According to the latest Gate TradFi data, XTIUSD has risen by 4% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

ChainCatcher message: According to Arkham data, at 06:19, 10 million MOVE tokens (worth approximately $2.21 million) were transferred from Movement Network to Null Address.

ChainCatcher reports that, according to Jintiao, CME "Federal Reserve Watch" shows a 97.4% probability that the Federal Reserve will keep interest rates unchanged until March, and a 2.6% probability of a 25 basis point rate cut. By April, the probability of a total 25 basis point rate cut is 14.4%, the probability of holding rates steady is 85.3%, and the probability of a total 50 basis point cut is 0.3%. By June, the probability of a total 25 basis point rate cut is 37.1%.

Gate News bot message, Trump posted on the Truth Social platform: "THE GENIUS ACT IS THREATENED BY BANKS, UNDERMINING OUR CRYPTO AGENDA. WE MUST PROTECT THIS INDUSTRY FOR AMERICANS." The statement points out that the Genius Act is under threat from banks and states that this is undermining the cryptocurrency agenda, emphasizing the need to protect the cryptocurrency industry for Americans. Source: Truth Social.

Gate News bot message: According to the latest Gate TradFi data, TSLA has dropped 2% in the short term, with current volatility significantly higher than recent average levels, and market activity has increased.