Hangzhou Mayor Yao Gaoyuan revealed that four of the "Six Little Dragons" companies in Hangzhou are currently rushing to go public, all achieving triple-digit revenue growth. Hangzhou has also established the "Runmiao Fund," which has a maximum duration of 20 years, aimed at supporting the development of tech startups.

Oil prices slightly retreat, providing some relief to global stock markets, but the Middle East conflict shows no signs of easing, with Asian stock markets experiencing their largest weekly decline in six years. The US may intervene in the futures market, and oil prices are still up nearly 20%. The market lacks sufficient information to assess extreme scenarios.

BlockBeats News, March 5 — Data analyst Defioasis.eth posted on X stating that the Opinion platform's holdings have rebounded, with a net inflow of over $9.5 million in the past 24 hours, ending a previous 6-day streak of net outflows. As of press time, the platform's total holdings are approximately $48.86 million, accounting for about 74.2% of the market share in the BSC prediction market.

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)

Bitcoin's recent price has fluctuated between $65,000 and $70,000. Despite escalating geopolitical conflicts, experts believe that large-scale wars could prompt the Federal Reserve to inject liquidity, boosting the value of risk assets like Bitcoin. The impact of the conflict on energy supply and market confidence may also support Bitcoin prices in the medium term. Overall, market sentiment and profit-taking strategies will continue to influence short-term trends.

PANews March 3 News, according to Onchain Lens monitoring, 7 hours ago, "Brother Magji" Huang Licheng deposited another 250,000 USDC into HyperLiquid and increased his ETH 25x long position. Over the past six months, Brother Magji has lost approximately $74.08 million, changing from a profit of over $44.8 million to a loss of over $29.23 million.

The number of active contract traders on the Hyperliquid platform is approaching its six-month high, having increased significantly since January, especially after liquidating large whale positions. Despite a decline in open interest (OI), the number of active retail traders has increased, with a preference for high-leverage trading.

Ethereum (ETH) has been declining for six consecutive months recently, with prices affected by multiple market pressures such as whale fund dispersion, derivatives market sell-offs, and macroeconomic uncertainties. On the technical side, ETH is in a recovery phase, with a key resistance at $2,000 and support at $1,880. Vitalik Buterin stated that AI tools are expected to accelerate Ethereum development and enhance security. Some institutions remain optimistic about ETH's long-term price prospects, with Standard Chartered predicting it could reach $7,500, while VanEck is bullish and expects it to hit $10,000.

The on-chain data platform Arkham revealed that the crypto whale Machi Big Brother lost approximately $74 million in Ethereum leveraged trading over the past six months, with its account funds nearly wiped out. Despite multiple injections of funds to maintain positions, ongoing market downturns led to frequent forced liquidations, demonstrating the significant risks associated with high-leverage trading.

PANews March 2 News, according to Arkham statistics, "Big Brother Ma Ji" Huang Licheng has lost $74 million over the past six months — he has been trying to leverage long Ethereum since September last year when the price was $4700. Now, he has only $8,500 left in his HL account, suspected to have almost lost all his money.