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Trump states: Iran will only cease fire if they "unconditionally surrender"! Middle East conflict escalates, oil and the dollar soar, Bitcoin drops to $68,000
U.S. President Trump strongly demanded Iran's "unconditional surrender" and ruled out any negotiations, leading to intensified Middle East conflict, with the clash spreading to multiple countries and causing heavy casualties. As a result, global markets became volatile, oil prices surged to nearly two-year highs, inflation fears intensified, the dollar appreciated significantly, and investor sentiment remained subdued.
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The People's Bank of China's gold reserves reached 74.22 million ounces at the end of February, marking 16 consecutive months of increased holdings.
Gate News Report, on March 7th, the People's Bank of China announced the latest data showing that as of the end of February, gold reserves stood at 74.22 million ounces (approximately 2,308.5 tons), an increase of 30,000 ounces (about 0.93 tons) month-over-month. At the end of January, gold reserves were 74.19 million ounces (approximately 2,307.567 tons). This marks the 16th consecutive month that China’s central bank has increased its gold holdings.
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Yesterday, the US XRP spot ETF experienced a total net outflow of $16,619,100 in a single day.
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Yesterday, the US SOL spot ETF experienced a net outflow of $8,225,500, with Fidelity FSOL seeing an outflow of nearly $5 million.
On March 6th, the US SOL spot ETF experienced a net outflow of $8.2255 million, with the Invesco Galaxy Solana ETF seeing a net inflow of $426,900, while the Fidelity Solana Fund ETF had a net outflow of $4.9974 million. The total net asset value is $807 million, with a historical cumulative net inflow of $958 million.
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Tokenized stocks surpass $1 billion, blockchain financial market accelerates
Tokenized stocks have surpassed a valuation of $1 billion on the blockchain, signaling a significant milestone in merging traditional equity markets with blockchain technology. This growth reflects rising investor demand for 24/7 trading and global access to popular stocks. Tokenized stocks represent digital versions of listed shares, allowing investors to access price fluctuations without owning traditional assets. Analysts view this milestone as indicative of the tokenization trend becoming an integral part of new financial infrastructures, although legal and regulatory issues remain critical for market development.
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