U.S. February S&P Global Services and Manufacturing PMI preliminary figures both below expectations

ETH short-term increase of 1.52%: USDC large-scale burning and macro hedging sentiment resonate to boost buying interest

2026-03-02 15:30 to 15:45 (UTC), ETH price surged rapidly, with short-term returns reaching +1.52%. The fluctuation range was from 2021.82 to 2062.76 USDT, with an amplitude of 2.02%. This abnormal movement attracted widespread market attention, and volatility increased significantly. The main driver of this abnormal movement was the recent large-scale USDC Treasury burn event on the Ethereum mainnet. On January 29, 2026, 50 million USDC were burned, leading to a contraction in stablecoin circulation and accelerating the adjustment of the capital structure within the ecosystem. Some on-chain liquidity

70% of assets heavily invested in Bitcoin! Mexican billionaire urges "buy quickly during the dip," and the wealthy dad is also increasing his holdings

Mexican billionaire Ricardo Salinas Pliego is heavily investing in Bitcoin, believing it can hedge against inflation and symbolize personal freedom. Robert Kiyosaki warns that a stock market crash is imminent and continues to increase his holdings in Bitcoin and precious metals, remaining confident. They both believe that Bitcoin has long-term value potential, and the current price dip is a good buying opportunity.

Cryptocurrencies in Picture as JPMorgan Trims Non-Oil Growth for Gulf Economies

JPMorgan has dropped the average growth of GCC by 0.3 percent points. Cryptocurrencies are trading below expected values. The US Dollar got stronger, and Gold surged over 24 hours. JPMorgan has trimmed its forecast of non-oil growth for Gulf economies. This has brought cryptocurrencies into the

Strait of Hormuz Tensions Push Up Oil Prices, Bitcoin Faces Liquidity Tests from All Sides

As the Middle East situation intensifies, the Strait of Hormuz has become a focal point for oil supply, disrupting tanker transportation. The expected range for crude oil price fluctuations is $70 to $150. Rising oil prices could impact the Bitcoin market, leading to liquidity tightening and increased deleveraging risks. Over the next four weeks, Bitcoin's performance will be influenced by the situation in the Strait of Hormuz. If the situation eases, the market may regain risk appetite.

Ethereum Price Analysis: ETH Approaching $1950, Whales Continue to Reduce Holdings for 90 Consecutive Days

Affected by macroeconomic pressures, Ethereum's price has dropped approximately 1.5%, approaching $1950, facing a seven-month correction. Position adjustments indicate strategic reduction, and market leverage risk has decreased. Analysts believe the correction is driven by the macro environment, and market resilience remains strong. Investors are focusing on future price trends and support levels.

European Banking Union advances euro stablecoin plan, with giants like ING and UniCredit aiming for launch in 2026

The Qivalis alliance, composed of several major European banks, is planning to launch a euro-pegged stablecoin, aiming for a 2026 rollout. The goal is to provide a regulated, localized US dollar stablecoin alternative to enhance cross-border payment efficiency. The project adheres to EU regulatory standards, employs a 1:1 reserve mechanism, and supports 24/7 redemption, promoting the adoption of stablecoins in the market.