Riot Platforms, a Nasdaq-listed cryptocurrency mining company, released a Bitcoin production and operation update report, revealing that its mining output in February was 470 BTC, a decrease of 57 from the previous month, with a total holding of 18,692 BTC by the end of February.

According to the on-chain analyst Lookonchain (@lookonchain), FTX/Alameda has just transferred 58,964 SOL tokens (approximately $8.52 million) to the Binance exchange. This portion of funds comes from the previously unlocked 3.03 million SOL tokens (approximately $431.3 million) by FTX/Alameda.

According to FarsideInvestors monitoring data, the net inflow of $15.86 million into the Ethereum ETF spot market yesterday.

According to on-chain analyst @ai_9684xtpa monitoring, a whale who previously made a profit of $14.26 million by buying low and selling high WBTC, seemingly added 2000 ETH to their position 10 minutes ago, worth approximately $4.37 million.

Lido has announced that stETH and wstETH are now available on Unichain, developed by Uniswap Labs, a DeFi-native Ethereum Layer 2 blockchain. Users can now bridge stETH or wstETH to Unichain, and it is reported that the deployment is achieved using the Lido protocol Multichain Automaton.

Authored by Irina Heaver, a legal specialist in the cryptocurrency field, individuals seeking to navigate the crypto landscape in the United Arab Emirates will encounter numerous acronyms related to the country's legal system. From the SCA and VARA to the DMCC, ADGM, and DFSA, the challenge lies in understanding the meanings behind these combinations of letters and successfully maneuvering through the intricate web. The abundance of acronyms and technical jargon in the UAE's legal system raises questions about whether it enhances the ecosystem or poses a fundamental flaw in the self-proclaimed global crypto hub. Categorizing the acronyms into regulators, free zones, and government initiatives can provide clarity for those navigating the complex regulatory environment in the UAE. The UAE's strategic use of acronyms and establishment of various free zones reflect a forward-thinking approach to positioning itself as a leading global crypto hub.

The market shows BTC falling below $90,000, now trading at $89,995.77, with a 24-hour increase of 5.63%. The market is volatile, please manage risks carefully.

According to Fox News reporter Eleanor Terrett, Republican House Whip Tom Emmer and Congressman Ritchie Torres are teaming up to establish the Congressional Crypto Caucus, a bipartisan initiative aimed at promoting crypto-friendly policies in the House of Representatives. Unlike the Congressional Blockchain Caucus established in 2017, this group will operate more as a voting bloc to mobilize support for digital asset bills (including stablecoins and market structure bills) being developed in the House. Congressman Emmer stated that the formation of this caucus is in response to millions of American voters who voted in November to support candidates prioritizing the development of digital assets and blockchain technology.

The market shows ETH has fallen below $2300, now trading at $2299.48, with a 24-hour increase of 4.62%. The market fluctuates greatly, please manage risks.

According to Fox News reporter Eleanor Terrett, the White House, Trump, and David Sacks will hold the first cryptocurrency summit on March 7. In addition, the CFTC will hold a CEO forum on March 6 to discuss how tokenized assets and stablecoins can serve as collateral in the futures market.

Dubai, UAE, March 3rd, 2025, ChainwireBybit, the world's second-largest cryptocurrency exchange based on trading volume, is introducing the Futures Bot Clash, a high-stakes competition combining strategy and automation. With a prize pool of up to 100,000 USDT, traders will compete using Bybit's powerful Futures trading bots to reach the top of the leaderboard. The competition, running from Feb. 28 to March 31, 2025, allows participants to test their bot strategies in a skillful and precise contest, divided into three Futures Bot Squads - Futures Combo, Futures Martingale, or Futures Grid. Traders can earn rewards by participating in squad leaderboards, individual leaderboards, and the Predict & Win segment, where lucky voters can share in a portion of the 5% Prediction Pool by correctly predicting the winning squad. The prize pool breakdown includes rewards for squad rankings, top traders by volume, and participants in the Predict & Win segment, with eligibility requirements for participants to meet a minimum Futures trading volume and account balance. Bybit's Futures Bot Clash offers a unique opportunity for automated trading enthusiasts to test their strategies in a competitive environment and potentially win a share of the 100,000 USDT prize pool. Bybit continues to innovate in the crypto trading landscape, providing users with cutting-edge tools to enhance their trading strategies and offering a competitive environment for traders and bots to excel.

Investment bank TD Cowen expressed caution about President Trump's "crypto strategic reserve" plan announced on Sunday, stating that the plan lacks coordination and does not specify the source of funds.

On March 3rd, Fox Business News reporter Eleanor Terrett posted on the X platform that Coinbase has submitted a Freedom of Information Act (FOIA) request to the U.S. Securities and Exchange Commission (SEC), seeking disclosure of the non-fraud investigation and enforcement actions taken by the SEC against the cryptocurrency industry during former chairman Gary Gensler's tenure.

According to monitoring, the whale trader who previously made a profit of $6.83 million by longing BTC and ETH with 50x leverage on the Hyperliquid platform, switched to shorting 20 minutes before the US stock market opened, opening a $13.45 million Bitcoin short position.

According to Lookonchain monitoring, a newly created wallet withdrew 900 BTC from Binance 30 minutes ago, worth 83.81 million US dollars.

According to ai_9684xtpa monitoring, a new address has opened a position of 6 million LAYER, approximately $5.74 million, and has now become the 6th largest address in terms of on-chain holdings.

According to Lookonchain monitoring, a dormant whale wallet deposited 1,250 BTC to Binance 4 hours ago, currently valued at approximately $114.96 million.

On March 3rd, according to Dune data, the stablecoin USDe experienced its largest single-day redemption in history on March 1st, totaling $2.68 billion, resulting in a decrease of approximately 4.7% in the total circulation of USDe.

Cryptocurrency markets experienced a surge after US President Donald Trump announced the possibility of a strategic crypto reserve, but analysts are warning that the rally may not last long. Trump disclosed on March 2 that his Working Group on Digital Assets had been instructed to include XRP (XRP), Solana (SOL), and Cardano's ADA (ADA) in the US crypto reserve. This announcement led to a marketwide rebound, with the global crypto market cap increasing by almost 7% to $3.04 trillion, and Bitcoin (BTC) surpassing the $95,000 mark following a 7.7% intraday rally. However, analysts caution that the establishment of a US crypto reserve will involve a lengthy approval process, potentially impacting the sustainability of the current market movement. Some analysts believe that the market may be approaching a turning point, with Bitcoin's active addresses reaching a near three-month high on Feb. 28, indicating a possible "capitulation moment." Despite the positive reaction to ADA, SOL, and XRP being included in the US strategic reserve, analysts anticipate short-term volatility in the crypto market. The upcoming White House Crypto Summit hosted by President Trump on March 7 is also generating anticipation among crypto investors, with discussions on stablecoin regulation and legislation related to a potential strategic crypto reserve being key topics.