Gate Crypto Flash News and Market Updates

Odaily Planet Daily reports that Coinglass data shows that in the past 1 hour, the total liquidation across the network was $75.86 million, including $73.70 million in short positions and $2.15 million in long positions. Additionally, BTC liquidations reached $58.40 million, and ETH liquidations totaled $8.91 million.

Gate News bot message, Gate market display, GT has increased by 3.03% in the past 24 hours, current price 7.12 USDT.

ChainCatcher message, according to Gate market data, the S&P 500 Index opened up 23.59 points on March 4th (Wednesday), a 0.35% increase, at 6,840.22 points; the Nasdaq Composite Index opened up 142.44 points, a 0.63% increase, at 22,659.13 points; the Dow Jones Industrial Average opened up 122.06 points, a 0.25% increase, at 48,623.33 points.

ChainCatcher reports that according to Gate market data, at the opening of the US stock market, the Dow Jones Industrial Average rose 0.37%, the S&P 500 increased by 0.3%, and the Nasdaq Composite gained 0.45%. Major tech stocks generally rose, with Micron Technology up nearly 4%, ASML up 2.6%, and both Tesla and TSMC increasing by over 1%.

Odaily Planet Daily reports that U.S. Secretary of Defense Pete Hegseth stated that the conflict between the United States and Iran could last for several weeks, potentially up to 8 weeks or even longer. He said that the pace of the conflict will be determined by the U.S., "it could be four weeks, six weeks, or even eight weeks," and that the U.S. will control the speed and intensity of the actions. (CCTV News)

Gate News bot message, Gate market display, ETH breaks through 2100 USDT, now priced at 2102.21 USDT.

Gate News bot message, according to March 4 data, Bitcoin ETFs registered a single-day net inflow of 4,046 BTC (equivalent to $290.89 million), with weekly net inflows reaching 20,816 BTC ($1.5 billion). Ethereum ETFs experienced a single-day net outflow of 9,049 ETH (equivalent to $18.76 million),

Gate News bot message: According to the latest Gate TradFi data, COIN has risen by 8% in the short term, with current volatility significantly higher than the recent average level, indicating increased market activity.

In February, the trading volume of stablecoins on the Solana blockchain reached $650 billion, a record high and double that of last year. The surge in retail payment demand has driven the growth of stablecoin transactions, with Solana gradually shifting from Meme coins to stablecoin trading, indicating an increase in payment use cases. Although Ethereum still dominates the market, stablecoins could become a key pillar of the Solana network.

PANews March 4 News, Apple (AAPL.O) announced the launch of MacBook Neo. The MacBook Neo laptop is equipped with the A18 Pro chip and lateral speaker system, with a starting price of $599. The MacBook Neo is now available for pre-order, and will be in offline stores on March 11.

Gate News bot message, Gate market display, BTC breaks through 72,000 USDT, current price 72,008 USDT.

ChainCatcher reports that Federal Reserve Board Member Michelle Bowman stated that it remains appropriate to continue cutting interest rates, as it is still too early to assess the impact of the Middle East conflict on the U.S. economy. She believes that the events over the weekend have not changed forecasts for the labor market or inflation. Although the surge in oil prices has led investors to lower expectations for a rate cut by the Federal Reserve in 2026, Bowman still believes that the labor market requires more monetary policy support.

Odaily Planet Daily reports that according to Lookonchain monitoring, an insider wallet suspected to be related to the US-Iran conflict, after three days of silence, invested $3,000 to predict that the Iranian regime would fall before March 31. The wallet was created on February 28 and had only made two prediction transactions before, both of which were successful, with a profit of $16,000.

The native stablecoin of the Sui blockchain, Sui Dollar (USDsui), is now live. It is issued by Bridge, and the proceeds will be reinvested into the Sui ecosystem. Assets supporting USDsui will generate yields used for repurchasing and burning SUI tokens or participating in DeFi protocols, differing from the profit retention model of mainstream stablecoins.

BlockBeats News, March 4th, according to market sources, the European Union is expected to be exempted from the United States' general tariff increase to 15%.(Jin10)

Odaily Planet Daily News: Federal Reserve Board Member Milan stated that since resigning from the Chair of the White House Council of Economic Advisers, he has not spoken with U.S. President Trump. It is still unclear when Wosh will assume the role of Federal Reserve Chair, but he hopes for clarity soon. The Federal Reserve should adopt a more accommodative monetary policy to adapt to employment shifts brought about by artificial intelligence. (Jin10)

ChainCatcher message: According to Arkham data, at 21:39, 54.999894 BTC (worth approximately $3.92 million) was transferred from an anonymous address (starting with 168Bve...) to Cumberland DRW.

ChainCatcher News, according to Jinshi, Federal Reserve Board Member Milan stated that he hopes to continue cutting interest rates by 0.25 percentage points each time until the Federal Reserve rate reaches a neutral level, then reassess.

ChainCatcher news reports that Federal Reserve Board member Mullan stated he believes current interest rates are likely to be one percentage point above the neutral rate.

ChainCatcher message, according to Jinshi reports, Federal Reserve Board Member Milan stated that a one percentage point rate cut this year is appropriate.