2024-03-04, Monday, daily news (selected)

policy information

1. Nigeria Financial Crimes Commission summons Binance CEO for alleged financial crimes

2. From the end of April, British law enforcement agencies can freeze crypto assets related to illegal activities without formal legal procedures.

3. U.S. SEC Commissioner: Regulators are considering Ethereum spot ETFs

4. The Hungarian Ministry of Economy has proposed a draft law allowing banks to provide encryption services. If approved, it will take effect on June 30.

Macro content

1. Important data this week: Wednesday: U.S. ADP employment numbers in February: Event: Chairman Powell gave testimony before the House Financial Services Committee:

Thursday: Chairman Powell delivers semi-annual monetary policy testimony before the Senate Banking Committee, and the Federal Reserve releases the Beige Book of Economic Conditions. Friday: U.S. unemployment rate in February, seasonally adjusted non-farm payrolls in February.

2. The US general election will usher in the "Super Tuesday" of the primary stage, and the swing state of Michigan is attracting much attention.

3. Japanese media: The Japanese government is considering an official announcement to end deflation. OPEC+ announced the extension of 2.2 million barrels per day of voluntary oil production cuts to Q2.

4. Russia said that the recording showed that Germany planned to attack the Crimean bridge. The German Prime Minister said that he would clarify it as soon as possible. Hamas said a ceasefire in the Gaza Strip could occur within 24 to 48 hours if Israel accepts the demand.

Currency news

1. Data: Approximately $48.54 billion has flowed into the crypto market in the past 30 days, which is the highest capital inflow since October 2021.

2. The total market value of cryptocurrency exceeded US$2.5 trillion, and the market value of USDT exceeded US$100 billion, continuing to hit record highs.

3. The total market value of Meme coins across the entire network exceeded US$48 billion and is currently US$48,345,587,097, a 24-hour increase of 6.6%

4. This week, tokens such as LQTY (USD 1.16 million), GAL (USD 6.98 million), and HFT (USD 6.47 million) will be unlocked. An additional 1.11 billion ARB (valued at $2.15 billion) will be unlocked on March 16.

5. Attestor Limited holds approximately US$394 million in FTX claims, and the purchase price is approximately 20% of the face value.

6. FTX claim window prices for Bitcoin, Ethereum and other products are lower than market prices. FTX Digital | Customers and non-customer creditors need to file a claim on May 15

Submit information to the designated website beforehand.

7. Several Hong Kong subsidiaries of funds will explore applications for spot Bitcoin ETFs

8. Bitcoin mining revenue reached US$1.39 billion in February, an increase of US$40 million from January.

Greed and Fear Index: 82 (high greed)

Nine Gods Index (Ahr999):1.54