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18:31
BTC fell below $68,000, down 0.81% on the day.
According to Huoxun Finance on March 7, OKX market data shows that BTC has just fallen below $68,000 and is currently trading at $67,937.60 per coin, down 0.81% on the day.
17:36
BTC fell below 68,000 USDT, a 3.95% drop in the last 24 hours.
According to OKX market data, BTC has fallen below 68,000 USDT, currently trading at 67,985.7 USDT, a 24-hour drop of 3.95%. (This news item was generated with AI assistance.)
16:53
Federal Reserve Governor Milan: Interest rates should be lowered to a neutral level
According to Odaily Planet Daily, Federal Reserve Governor Milan stated that the neutral interest rate is approximately 2.5% to 2.75%. He anticipates opposing a rate cut this month if the Fed does not lower rates, believing the Fed should reduce rates to the neutral level before reassessing the situation. (Jinshi)
16:41
Federal Reserve Governor Milan: The Federal Reserve typically does not react to oil prices.
Odaily Planet Daily reports that Federal Reserve Governor Milan stated that the Fed typically does not react to oil prices. If there is any impact, it would only incentivize a more dovish policy, as an oil shock could drag down core inflation by harming demand. (Jinshi)
16:33
Polkadot's first US spot ETF debuts on Nasdaq.
Huoxun Finance reported on March 6th that, according to The Block, 21Shares, a cryptocurrency fund issuer, launched the first U.S. spot Polkadot ETF, ticker symbol TDOT, which is already listed on Nasdaq. Bloomberg senior ETF analyst Eric Balchunas stated that the fund's initial size is approximately $11 million, with a management fee of 0.3%. This product provides investors with a tool to track the spot price of Polkadot (DOT) without requiring them to directly hold the token. 21Shares has previously issued several spot cryptocurrency ETFs, including products for Bitcoin and altcoins such as XRP, Sui, Solana, and Dogecoin. Its XRP fund alone manages approximately $174 million. DOT is currently priced at approximately $1.47, with a total market capitalization of approximately $1.7 billion.
16:33
In the past 24 hours, a total of $264 million in contract liquidations occurred across the entire network, primarily involving long positions.
According to Huoxun Finance on March 6th, CoinAnk data shows that in the past 24 hours, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $264 million, including $210 million in long positions and $54.4207 million in short positions. The total liquidation amount for BTC was $143 million, and the total liquidation amount for ETH was $40.9053 million.
16:24
Brent crude oil futures break through the $90 mark
Odaily Planet Daily reports that escalating tensions in the Middle East have driven international oil prices higher, with Brent crude futures breaking through the $90 mark and WTI crude surging over 13% intraday, briefly approaching $90 per barrel. Brent crude is currently trading at $89.15 per barrel, up over 8% intraday. (Jinshi)
16:03
Spot gold touched $5,150 per ounce, while spot silver rose more than 3% on the day.
According to Bybit data, spot gold touched $5,150 per ounce on March 6, up 1.36% on the day. Spot silver rose more than 3.00% on the day, currently trading at $84.76 per ounce.
16:03
Machi deposited an additional 210,000 USDC into HyperLiquid to further increase his ETH long position.
Huoxun Finance reported on March 6th that, according to OnchainLens, Machi (machibigbrother) deposited an additional 210,000 USDC into the contract platform HyperLiquid to increase his leveraged long ETH position (up to 25x). Prior to this, as the market declined, Machi had already closed out most of his positions with stop-loss orders, and the cumulative loss from this trade has now exceeded $29.7 million.
15:52
Today, US Bitcoin ETFs saw a net outflow of 1697 BTC, and Ethereum ETFs saw a net outflow of 3185 ETH.
According to Lookonchain monitoring, as reported by Odaily Planet Daily, today the US Bitcoin ETF saw a net outflow of 1,697 BTC, the Ethereum ETF saw a net outflow of 3,185 ETH, and the Solana ETF saw a net outflow of 66,239 SOL.
15:49
Bank of America: The US dollar's safe-haven appeal is in full swing, making the non-farm payroll report secondary.
The US dollar is experiencing its best week in over a year, strengthening as the ultimate safe haven amid Middle East conflict and soaring oil prices. As of press time, the spot dollar index rose 1.5% this week, its biggest gain since the end of 2024. Hostilities are disrupting oil production and shipping, and exacerbating inflation concerns at the Federal Reserve and other central banks. This has led traders to reduce their bets on a Fed rate cut, further pushing up the dollar. Adding to the economic complexity, a report on Friday showed that US employers unexpectedly cut jobs last month. However, with the focus primarily on energy prices, the data only briefly weighed on the dollar, which quickly resumed its upward trend, and the benchmark 10-year Treasury yield climbed for the fifth consecutive day. Bank of America currency strategist Alex Cohen said, "In this environment, the market is seeing through weak data, as continued uncertainty and oil prices at new highs are the overwhelming dominant drivers." (Jinshi)
15:47
OPN fell below $0.32, with a 24-hour drop of over 25%.
According to Odaily Planet Daily, OPN prices have fallen below $0.32, currently trading at $0.315, a drop of over 25% in the last 24 hours. Previously, the founder of Opinion stated that he hopes the community will lower its expectations for the S1 airdrop and emphasized that he will place greater emphasis on the S2 rewards.
15:44
Curve Finance: PancakeSwap suspected of using code without permission.
Odaily Planet Daily reports that Curve Finance published an article on its X platform stating that PancakeSwap appears to have used its StableSwap code without permission, violating its open-source license agreement. Curve Finance stated that such behavior is not only illegal but has also historically proven to be unwise in other areas. Curve Finance also pointed out that if PancakeSwap wishes to legally use its StableSwap functionality and adopt its security practices to protect user funds, it can still contact them through licensing or partnership agreements.
15:34
Iran's Islamic Revolutionary Guard Corps: Launches large-scale new-generation missile strikes against multiple US bases
Odaily Planet Daily reports that the Iranian Islamic Revolutionary Guard Corps issued a statement saying that on the seventh day of the US-Israel war and aggression against Iran, Iran continued its 22nd round of "True Commitment 4" military operations. On that day, Iran launched a large-scale joint strike against US and Israeli targets using a new generation of missiles. The statement said that Iran used various drones and precision missiles to strike the US Zafra Air Base in the region. In this operation, in addition to destroying the base's early warning radar, hangars used for storing and maintaining MQ-9 drones and U-2 reconnaissance aircraft were also destroyed and are still burning. The statement also said that an attack on a primary school in Minab, Iran, resulting in the deaths of 165 students, was launched from this base. Iran also used cruise missiles and ballistic missiles to strike the US Ali Salim Air Base, destroying its early warning radar and related facilities, aircraft fuel depots, and two runways. (CCTV News)
15:30
February's non-farm payrolls report was disappointing, and all three major US stock indexes opened more than 1% lower.
According to Huoxun Finance on March 6, citing Bybit data, US stocks opened with the Dow Jones Industrial Average down 1.28%, the S&P 500 down 1.22%, and the Nasdaq down 1.45%. Amazon (AMZN.O) and Nvidia (NVDA.O) both fell by about 2%.
15:30
Members of the Presidium of the Iranian Conference of Experts: Khamenei did not leave a special will or designate a specific person as his successor.
According to Huoxun Finance on March 6, a member of the Presidium of the Iranian Conference of Experts stated that Khamenei did not leave a special will, designate a specific person, or give any instructions regarding the appointment of a successor.
15:19
Brother Maji deposited another 210,000 USDC into Hyperliquid to increase his ETH long position.
According to data from Hyperbot, as reported by Odaily Planet Daily, Machi Dage has deposited another 210,000 USDC into Hyperliquid to increase his 25x leveraged ETH long position. Prior to this, some of Machi Dage's ETH long positions were liquidated as the market declined.
15:05
Utexo raises $7.5 million, led by Tether and others.
Odaily Planet Daily reports that Utexo, a blockchain payment infrastructure company, has announced the completion of a $7.5 million seed funding round, co-led by Tether, Big Brain Holdings, and Portal Ventures, with participation from over ten institutions including Franklin Templeton, Maven11 Capital, and FlowTraders. Utexo integrates Bitcoin, the Lightning Network, and the RGB protocol to provide payment operators with a single API access, enabling instant settlement of USDT on the native Bitcoin network. Transaction fees are fixed and predictable, settlement time is less than one second, and the entire process is encrypted and executed privately.
15:03
Spot gold touched $5,150 per ounce, up 1.36% on the day.
According to Gate data, as reported by Odaily Planet Daily, spot gold touched $5,150 per ounce, up 1.36% on the day.
15:01
The probability of a Federal Reserve rate cut in June has risen to about 50%.
Huoxun Finance News, March 6th - According to the latest market pricing, the Federal Reserve may cut interest rates in June. This follows government data showing a decline in US jobs last month. The surge in global oil prices triggered by the conflict with Iran has raised concerns about further inflation, which is currently above the Fed's 2% target. In minutes before the jobs report was released, traders lowered their estimate of a June rate cut to just 35%, but after the data release, the probability quickly rose to around 50%.
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