The Dow Jones Industrial Average opened down 66.59 points, and the S&P 500 and Nasdaq also declined.

Traditional Finance Alert: VIX Has Risen Over 3%

Gate News bot message: According to the latest Gate TradFi data, VIX has risen by 3% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.

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.

Data: Today, the US Bitcoin ETF saw a net inflow of 5,187 BTC, and the Ethereum ETF experienced a net inflow of 43,282 ETH.

ChainCatcher reports that, according to Lookonchain monitoring, today 10 Bitcoin ETFs had a net inflow of 5,187 BTC (worth $375.08 million), 9 Ethereum ETFs had a net inflow of 43,282 ETH (worth $91.76 million), and SOL ETFs had a net inflow of 205,711 SOL (worth $18.72 million).

Citibank promotes "Bitcoin Banking": Striving to launch "Institutional-Grade Custody" and "Cross-Asset Collateral" services this year

Citigroup is pushing for the banking of Bitcoin, planning to deeply integrate it into the traditional financial system, with institutional-grade crypto custody services expected to launch in 2026. By simplifying Bitcoin transaction processes and reducing operational friction, Citigroup aims to attract more institutions to adopt digital assets further. Additionally, the bank is exploring the applications of stablecoins and blockchain deposit tokens, hoping to provide traditional financial institutions with more convenient ways to utilize capital.

When the Asia-Pacific stock markets hit the circuit breaker, why does Bitcoin stand out as the best?

Author: Jae, PANews On March 4th, as the situation in the Middle East suddenly worsened, global financial markets instantly entered a "wartime state." For global investors, this was a trading day worthy of being recorded in history. Disruption of shipping through the Strait of Hormuz, a critical energy choke point, triggered a sharp surge in international oil prices. Panic quickly swept through traditional capital markets, and Asia-Pacific stock markets experienced an epic sell-off. KOSPI in South Korea plummeted 12% in a single day, marking the largest decline in history; the Nikkei 225 dropped 3.7%, its worst performance in five months; Middle Eastern local stock markets once tumbled nearly 5% amid a correction; major European and American stock indices closed lower across the board. However, an unusual phenomenon quietly emerged amid this sell-off. The crypto market, often regarded as "high risk, high volatility," which tends to be the first asset class to collapse during any geopolitical crisis, surprisingly held steady this time. Bitcoin experienced a brief panic

Nasdaq-listed company YY Group officially announces the launch of the Bitcoin Treasury Strategy

Odaily Planet Daily reports that NASDAQ-listed company YY Group has officially launched its Bitcoin Treasury Strategy, treating Bitcoin as a primary reserve asset on its balance sheet to achieve capital preservation, diversify its assets and liabilities, and fulfill its long-term shareholder value creation commitments. It is understood that the company will allocate part of its excess cash reserves to Bitcoin and hold it long-term. (Prnewswire)