Nasdaq 100 Index futures reverse gains, turn to decline

U.S. XRP spot ETF's total net inflow on a single day: $4,191,400

On March 4th, XRP spot ETF experienced a net inflow of $4,191,400 in a single day, mainly from the Canary XRP ETF(XRPC), with a total historical net inflow of $5,636,600. The total assets under management are $1.08 billion, with a net asset ratio of 1.21%.

Trump officially nominates Federal Reserve Chair candidate! Woz: Bitcoin is the new gold

Trump has nominated Kevin Wash to serve as Federal Reserve Chair for a four-year term, and he has also served as a board member for fourteen years. As a Bitcoin supporter, Wash's stance has attracted attention in the crypto market, but his confirmation process faces resistance from the Democratic Party, with the core issue being the preservation of the Federal Reserve's independence. Additionally, U.S. crypto asset regulation still has a vacuum, and a new CFTC commissioner is urgently needed.

Kimchi premium is back, Korean stock market is bleeding, retail investors are shifting to cryptocurrencies, fueling Bitcoin's rally

The Korean stock market has fallen about 20% within just two trading days, prompting retail investors to shift their funds into the cryptocurrency market, boosting the rally of Bitcoin and other digital assets. Analysis indicates that during market volatility, investors tend to quickly reallocate among high-risk assets, causing the "Kimchi Premium" index to rebound, reflecting increased demand for cryptocurrencies.

The three major U.S. stock indices closed higher, with chip stocks generally rebounding.

ChainCatcher News, according to Gate Market Data, U.S. stocks closed on Wednesday with the Dow Jones initially up 0.49%, the S&P 500 up 0.78%, and the Nasdaq up 1.29%. United States Aluminum (AA.N) fell 3.5%, Micron Technology (MU.O), Intel (INTC.O), and AMD (AMD.O) all rose over 5%, and Nvidia (NVDA.O) increased over 1%. The Nasdaq China Golden Dragon Index rose 0.8%, and NIO Inc. (NIO.N) increased 5%.

The US Dollar Index declined by 0.28%, ending at 98.764

On March 5th, the US Dollar Index fell by 0.28%, closing at 98.764. The euro and British pound rose to 1.1625 USD and 1.3351 USD respectively; the Japanese yen, Swiss franc, and Swedish krona slightly declined against the US dollar, while the Canadian dollar slightly increased to 1.3669 USD.

Bitcoin ETFs Extend Gains With $225 Million Inflow

Bitcoin exchange-traded funds (ETFs) recorded a second consecutive day of inflows with $225 million added, while ether funds slipped into outflows. XRP and solana ETFs maintained positive momentum, keeping broader crypto ETF sentiment mixed but resilient. Ether Sees $10 Million Exit as Bitcoin