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Binance has announced that it will list MANTRA/USDT perpetual futures at 8:00 a.m. UTC on March 4. The new contract will support up to 50x leverage.

Bitcoin is showing resilience despite geopolitical tensions in the Middle East and macroeconomic uncertainty, and its recent downtrend may be coming to an end, according to a new report from K33 Research. The report notes that BTC is in an oversold state after six consecutive weeks of decline, with its weekly Relative Strength Index (RSI) approaching all-time lows. It also highlighted that spot Bitcoin ETFs recorded their largest inflows in five months last week, confirming institutional buying. Additionally, funding rates in the perpetual futures market turned negative at the end of last month, suggesting a lower probability of further price drops, while on-chain data indicates that selling pressure from long-term investors holding BTC for over six months is easing. K33 Research concluded that there is no compelling reason to sell BTC at its current price levels, suggesting that the present environment of lower volatility and reduced impact from macro shocks could present a favorable opportunity for long-term accumulation.

South Korean lawmakers are reportedly finalizing plans to cap major shareholder stakes in cryptocurrency exchanges at 20% as part of a new digital asset basic act. According to The Herald Business, the ruling Democratic Party's digital asset task force and South Korea's Financial Services Commission (FSC) discussed the proposal yesterday. The plan would allow for exceptions of up to 34% ownership, subject to FSC approval via an enforcement decree. A three-year grace period for compliance after the law takes effect was also agreed upon. However, a differentiated standard would grant smaller exchanges like Coinone and Korbit an additional three-year extension. The Democratic Party's Policy Committee is expected to agree on a bill incorporating these measures following a closed-door meeting with the FSC tomorrow morning.

OKX announced today that it is launching stock perpetual futures, offering leverage from 0.01x to 5x. The initial listings include Nvidia (NVDA), Micron (MU), SanDisk (SNDK), Google (GOOGL), Microsoft (MSFT), Apple (AAPL), Meta (META), QQQ, and SPY. All trades will be settled in USDT.

Patrick Witt, executive director of the White House's crypto advisory committee, has pushed back against comments from JPMorgan CEO Jamie Dimon regarding stablecoin interest payments. Dimon had previously warned that if crypto firms want to pay interest on stablecoins, they must be subject to the same regulations as banks, or the public would pay the price. Witt countered that the core issue is not whether interest is paid, but the act of lending or rehypothecating the dollars held in reserve. He noted that the GENIUS Act explicitly prohibits stablecoin issuers from lending or using reserves as collateral. Given this structure, Witt emphasized that it is difficult to view stablecoins as the same concept as bank deposits.

The KOSPI closed at 5,093.54 today, down 698.37 points (12.06%) from the previous trading day, marking its largest drop on record. The KOSDAQ finished the session at 978.44, a decline of 159.26 points (14%).

Despite approximately $1.4 billion flowing into U.S. spot Bitcoin ETFs over the past five days, the price of BTC has shown little movement. An analysis from Bitfinex suggests this is due to the structure of ETFs, where fund inflows do not immediately translate into spot purchases. According to the report, cited by CoinDesk, Authorized Participants (APs) can handle trades by first short-selling ETF shares and only later purchasing the underlying Bitcoin. This process creates a time lag between the recorded ETF inflow and the actual spot market purchase, which can limit upward pressure on the asset's price.

Binance announced it will list the AVAX/U, LINK/U, LTC/U, PAXG/U, and ZEC/U margin trading pairs at 10:00 a.m. UTC on March 5.

South Korean crypto exchange Bithumb announced that it will list Definitive (EDGE) for trading against the South Korean won at 8:00 a.m. UTC today.

Upbit announced it will list Definitive (EDGE) for trading against KRW, BTC, and USDT at 8:00 a.m. UTC on March 4.

Bitcoin could decouple from U.S. stocks and strengthen its role as 'digital gold' if international oil prices rise above $130 per barrel, according to an analysis by Binance Research. In a post on X, the firm noted that an oil price increase to the $115-$130 range could raise the Consumer Price Index (CPI) by 1.1% to 1.5%, potentially causing the Federal Reserve to delay interest rate cuts until 2027. If oil prices were to surpass $180, the CPI could rise by more than 3%, triggering stagflation—a combination of economic recession and inflation. In this scenario, a sell-off in tech stocks would likely occur, allowing Bitcoin to decouple from the U.S. stock market and be re-evaluated as digital gold, the analysis suggested. Binance Research identified several key variables to watch going forward: - A decrease in ship traffic through the Strait of Hormuz and whether crude oil storage in the Gulf region reaches 85%. - The upcoming U.S. CPI data, scheduled for release on March 11, and subsequent guidance from the Fed. - Whether the 30-day correlation coefficient between BTC and the software sector ETF (IGV) falls below 0.5, along with fund flows into Bitcoin spot ETFs.

U.S. spot ETH ETFs recorded $10.8 million in net outflows on March 3, reverting to outflows after just one day, according to Trader T. - BlackRock ETHA: +$41.9 million - Fidelity FETH: -$66.7 million - Grayscale ETHE: -$4.7 million - Grayscale Mini ETH: +$18.7 million

Coinbase executives, including CEO Brian Armstrong, visited the White House today, Crypto in America host Eleanor Terrett announced on X. It has not been confirmed whether they met with President Donald Trump.

Tether partner Antalpha deposited an additional 3,000 Tether Gold (XAUT), worth $15.39 million, to Bybit approximately two hours ago, according to Onchain Lens. Deposits to exchanges are typically interpreted as an intention to sell.

South Korean crypto exchange Bithumb announced the addition of Centrifuge (CFG) for KRW trading.

South Korea's Financial Supervisory Service (FSS) plans to conduct a special investigation into high-risk areas of the virtual asset market ahead of the introduction of a basic act on digital assets. The move comes as the regulator is also preparing a disclosure system for the issuance and trading support of cryptocurrencies. The investigation will focus on activities that undermine market order, including: - Price manipulation by large-scale investors, or whales. - Schemes that exploit market characteristics, such as pump-and-dump tactics and manipulating prices on exchanges with deposit and withdrawal restrictions. - Price manipulation using API-based market orders. - Unfair trading practices involving the spread of false information on social media.

U.S. spot Bitcoin ETFs saw a net inflow of $225.16 million on March 3, marking the second consecutive day of positive flows, according to data compiled by Trader T. - BlackRock IBIT: +$322.39 million - Fidelity FBTC: -$89.29 million - Valkyrie BRRR: +$11.57 million - WisdomTree BTCW: +$8.68 million - Grayscale GBTC: -$28.19 million

Ripple has expanded its Ripple Payments platform to create an integrated payment infrastructure that supports both fiat currencies and stablecoins, CoinDesk reported. The expansion enables businesses to receive, custody, exchange, and pay out both fiat and stablecoins through a single platform. Previously, companies such as fintech firms operating global remittance services had to rely on separate providers for custody, foreign exchange, stablecoin liquidity, and local payment networks, but Ripple has now integrated these functions into one platform.

Asian Web3 research and consulting firm Tiger Research argued that Bitcoin is not yet fulfilling the role of "digital gold," according to a new report. The report, titled "Bitcoin Plunges on Iran Airstrike, Still Digital Gold?," noted that Bitcoin has repeatedly shown a pattern of sharp declines during six geopolitical crises, unlike gold. While nations hoard gold, Bitcoin is still only under consideration, the firm added. The report identified three factors preventing Bitcoin from becoming a safe-haven asset: - An excess of derivatives in its market structure. - A participant base dominated by leveraged traders. - A lack of accumulated behavioral records. However, the firm suggested that Bitcoin could be a useful asset in a crisis where banking systems halt. If changes occur in these three areas, Bitcoin has the potential to establish itself not as a replica of gold but as the "Next Gold," the report explained.

South Korean crypto exchange Upbit announced it will temporarily suspend deposits and withdrawals for Ardor (ARDR) and withdrawals for Ignis (IGNIS) to support a hard fork on the Ardor network. The suspension will begin at 3:00 a.m. UTC on March 11.

The KOSPI index has fallen sharply, breaking below the 5200 mark. It is currently trading at 5154.43, down 11.01% from the previous trading day. Meanwhile, the KOSDAQ index also temporarily dipped below 1000 and is now trading at 1010.01, down 11.22%.

Block Street's native token, BSB, is set to be listed on major cryptocurrency platforms including Binance Alpha, Bybit, and Bitget. The token will have a total supply of one billion and will be issued on the Ethereum and BNB chains. Block Street is an integrated liquidity layer for on-chain capital markets, aiming to connect tokenized stocks, real-world assets (RWA), and DeFi markets. The platform provides institutional-grade trading services through its proprietary hybrid liquidity engine and its cross-protocol liquidity network, Aqua. Block Street co-founder Hedi Wang explained that the tokenized asset market is reaching a critical turning point. He noted that while demand for on-chain real-world assets is growing rapidly, liquidity remains fragmented across issuers and trading platforms, leading to inefficiencies in trade execution and price discovery. Wang added that Block Street was built to address this structural gap.

The entry queue for new Ethereum validators now holds 3.4 million ETH, with an estimated waiting period of around 60 days, Decrypt reported, citing data from ValidatorQueue. The queue has grown sharply from approximately 900,000 ETH in early January, with the increase following a drop in ETH's price. Pav Hundal, a lead analyst at Swyftx, said the surge is a clear signal that a new wave of long-term investors is choosing to pursue potential yields. The outlet noted that the trend has completely reversed from the second half of last year, when 2.7 million ETH were in the exit queue, indicating that institutions are opting to stake their holdings rather than sell.

Blockchain infrastructure company DSRV has secured a strategic investment from Kyobo Group, Hans Economics reported. The two companies plan to collaborate on several fronts, including: - Building payment and settlement infrastructure based on stablecoins - Linking virtual asset custody services with validator infrastructure - Conducting joint research, proof-of-concept (PoC) projects, and pilot programs for blockchain-based financial services

South Korea's Board of Audit and Inspection (BAI) has launched a review into the management of seized and confiscated assets, with a focus on virtual assets, News1 reported. The BAI stated that it deemed the review necessary following a recent series of incidents involving the loss and theft of crypto seized by law enforcement and tax authorities. These incidents include the reported loss of approximately 42.1 billion won ($31.6 million) in seized crypto by the Gwangju District Prosecutors' Office and the Gangnam Police Station. Additionally, in February, South Korea's National Tax Service (NTS) had roughly 6.9 billion won ($5.2 million) in seized virtual assets stolen after a master key was exposed during a public relations campaign about its seizure performance.