Odaily News Federal Reserve's Schmid stated that the payment system will undergo many changes, and it is expected that the instant payment system will "surpass" stablecoins. (Jin10)

Odaily News According to Lookonchain monitoring, over the past 5 hours, BlackRock has net increased its holdings by 1,225 BTC through its Bitcoin exchange-traded fund IBIT, valued at $83.92 million.

Odaily News According to Onchain Lens monitoring, a whale with the address "0x521" closed its 25x leveraged Ethereum long position, realizing a profit of $9.257 million, and subsequently opened a 20x leveraged ETH short position.

Odaily News Federal Reserve's Schmid stated that Federal Reserve Chair Powell is a "patriot" who wants to do what is right for the country. The Federal Reserve system possesses multi-layered independence, political factors will not interfere with Fed policy debates, and independence leads to wiser decision-making. (Jin10)

Odaily News: According to market sources, prediction market Kalshi has announced its first enforcement actions, imposing fines on a MrBeast affiliate and a former gubernatorial candidate for insider trading. This action is said to mark a substantial step forward for Kalshi in regulatory compliance, aiming to uphold trading fairness and market integrity.

According to Lookonchain monitoring, as the price of ETH returns above $2,000, the ETH long position linked to Matrixport has turned from loss to profit. It was once at a floating loss of $15.5 million and is now at a floating profit of over $2 million.

Odaily News Linea has announced an update to its Terms of Service, with the new terms set to take effect on March 28, 2026. This adjustment is aimed at preparing for the upcoming launch of Linea Yield Boost, facilitating Linea's transition from a short-term token incentive model to generating yield at the protocol level by utilizing cross-chain capital. In the future, a majority of the ETH bridged to Linea will be automatically staked on the Ethereum mainnet via Lido V3 at the bridging layer to generate underlying yield. The user experience for cross-chain operations will remain unchanged, but the bridged ETH will continuously generate staking rewards in the background.

According to on-chain analyst Yu Jian's monitoring, as the price of ETH rebounded and broke through $2,000, the largest ETH long whale on Hyperliquid, holding a long position of 120,000 ETH, has turned loss into profit. Yesterday, he had a floating loss of over $20 million, but now has a floating profit of $2.75 million.

Odaily News: According to monitoring by Route 2 FI (@Route2FI), a whale is holding a total long position worth $24 million in ARC on the Perp DEX Lighter. The whale is continuously adding to the position at a rate of $360,000 per hour via TWAP (Time-Weighted Average Price) buying, injecting funds to drive the long side. Currently, this whale has already profited $5 million. Analysis indicates that this whale's behavior is similar to the JellyJelly price manipulation incident on Hyperliquid. In March 2025, a whale trader on Hyperliquid heavily shorted JELLY perpetual contracts while simultaneously using other accounts and on-chain activities to pump the spot price, causing short traders to be liquidated. Hyperliquid's liquidity pool (HLP) incurred losses after settlement, prompting the Hyperliquid team to urgently delist the contract via a governance vote and force settlement at an extremely low price. Currently, the annualized funding rate for the ARC contract market on Lighter has skyrocketed to 2100%. This is equivalent to short sellers receiving approximately 5.7% in funding fees daily, which will attract more short sellers into the market, intensifying the battle between longs and shorts.

Odaily News Hyperliquid co-founder iliensinc stated on social media that 173,000 HYPE tokens from Hyperliquid Lans will be unstaked today and distributed to team members on March 6.

Odaily News: South African Finance Minister Enoch Godongwana announced that draft regulations will be released soon to incorporate crypto assets into the capital flow management framework under the Currency and Exchange Act. This move is a response to the Pretoria High Court's ruling last year that "cryptocurrency is not currency," which temporarily exempted crypto assets from South Africa's foreign exchange controls. The South African Reserve Bank has appealed this ruling while simultaneously developing a new framework for cross-border transactions involving crypto assets. Previously, South African regulators had restricted users from using payment cards to purchase overseas cryptocurrencies and warned that unauthorized cross-border transfers of crypto assets could constitute a crime. (Mybroadband)

Odaily News: Faced with declining expected returns from traditional assets, several university endowments are adjusting their investment strategies and beginning to allocate to cryptocurrency ETFs. Harvard University and Brown University have disclosed holdings in Bitcoin and Ethereum ETFs in their latest 13F filings. Although these positions are relatively small compared to their overall portfolios, they indicate that digital assets have moved from the periphery of institutional finance into the mainstream toolkit. Kim Lew, CEO of Columbia Investment Management Company, stated that expected returns and Alpha from traditional asset classes will both compress, forcing institutions to "move further out on the risk curve" and explore new strategies. Carlos Rangel of the W.K. Kellogg Foundation pointed out that if an 8% return cannot be achieved, the traditional foundation model will be difficult to sustain. (CoinDesk)

Odaily According to a report released by Bank of America on Tuesday, the price of gold is expected to rise to $6000 per ounce within the next 12 months. The institution added: "Although the current rise in silver prices may accelerate the contraction in demand from solar panel manufacturers, the price of silver could still climb above $100 per ounce again this year." (Jin10)

Odaily News According to Coinglass data, over the past 4 hours, total liquidations across the network reached $108 million, with short position liquidations amounting to $100 million and long position liquidations at $7.65 million. Additionally, BTC liquidations were approximately $35.93 million, and ETH liquidations were around $40.53 million.