GuShiio.com Daily key market data review and trend analysis are jointly produced by PANNews and OSL.
Keywords: ETF, ETH, BTC
The Ethereum Foundation (EF) recently announced the establishment of a new advisory group, Silviculture Society, to promote the further development of the Ethereum ecosystem. However, the move also sparked criticism from the Ethereum community about the direction of the project. A research paper proposes a new decentralized block-building model that aims to encourage broader community participation and reduce the risks posed by maximum extractable value (MEV). At the same time, the Ethereum Foundation appointed Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors in a leadership reshuffle, injecting new management power into the foundation.
In the field of crypto applications, Ethereum cryptocurrency MetaMask plans to launch native support for Bitcoin and Solana in the next few months. This move shows that multiple cryptocurrencies are gaining wider acceptance and integration.
In terms of the Bitcoin market, Bitcoin showed a strong recovery last Friday, driven by political and regulatory factors, with prices rising nearly 10%. However, despite positive signs in the market, outflows from Bitcoin ETF reached US$2.7 billion, reflecting investors ‘uncertainty about the market and potential bear market risks. At the same time, Bitcoin’s long-term development continues to advance. The strategic efforts of Bitcoin company Strategy co-founder Michael Saylor helped Bitcoin achieve $2.6 billion in gains in early 2025. Although Bitcoin’s market value has reached US$1.5 trillion, Solv Protocol co-founder Ryan Chow pointed out that its utility in DeFi remains slow to develop due to infrastructure and regulatory obstacles. However, with the gradual thawing of the regulatory environment and the continuous maturity of Ethereum-based DeFi, the potential of Bitcoin is gradually being released.
In addition, traditional financial institutions are also accelerating their integration with crypto assets. BlackRock, the world’s leading asset manager, has included its iShares Bitcoin ETF in part of its model portfolio and allocated a 1-2% stake in alternative investments. Despite this, the president of the Swiss National Bank still regards cryptocurrencies as a “niche phenomenon” and is cautious about its mainstreaming. Volatility in the Bitcoin market still exists. Some analysts predict that Bitcoin may see a further rebound, while others warn of potential risk factors based on changes in the macroeconomic environment.
2. Key Data (as of March 3 13:00 HKT)
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S & P 500: 5,954.50 points (1.24% during the year)
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Nasdaq: 18,847.28 points (-2.4% during the year)
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10-year U.S. Bond yield: -7.55%(-34.60 basis points during the year)
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US dollar index: 107.243 (-1.14% during the year)
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Bitcoin: US$92,560.38 (-0.77% during the year), daily spot trading volume was US$68.4296 billion
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Ethereum: US$2,440.10 (-26.55% during the year), daily spot trading volume was US$39.855 billion
3. ETF flow direction (EST, February 28)
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Bitcoin ETF: US$94.34 million
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Ethereum ETF: -41.82 million US dollars
4. Important dates (Hong Kong time)
U.S. ISM Manufacturing PMI for February (March 4 23:00)
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Actual: None/Previous: 50.9 /Expected: 50.5
U.S. President Trump was invited to Congress to deliver his first speech in office (March 4)
FOMC Permanent Vote Committee and New York Fed President Williams delivered a speech at the Bloomberg Investment Forum (March 5, 03:30)
U.S. ADP jobs in February (ten thousand people)(March 5 21:15)
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Actual: None/Previous: 18.3 /Expected: 14
U.S. EIA crude oil inventories for the week ending February 28 (10,000 barrels)(March 5 23:30)
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Actual: None/Previous: -233.2 /Expected: None
Number of initial jobless claims in the United States for the week ending March 1 (ten thousand people)(March 6 21:30)
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Actual: None/Previous: 24.2 /Expected: 23.5
FOMC Permanent Vote Committee, New York Fed President Williams and Federal Reserve Governor Bowman participated in a report panel discussion of the US Monetary Policy Forum organized by the University of Chicago’s Booth School of Business (March 7)
US President Trump hosts the Cryptocurrency Summit at the White House (March 7)
Federal Reserve Chairman Powell delivered a speech before the 2025 U.S. Monetary Policy Forum luncheon at the University of Chicago’s Booth School of Business (March 7)
U.S. unemployment rate in February (March 7 21:30)
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Actual: None/Previous: 4% /Expected: 4%
U.S. non-agricultural employment after February adjustment (ten thousand people)(March 7 21:30)
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Actual: None/Previous: 14.3 /Expected: 15.3
North America has begun to implement daylight saving time, and financial market trading hours and economic data release times in the United States and Canada will be one hour earlier than winter time. (March 9, 14: 00)
5. hot news
This week’s announcement| The White House will host the first cryptocurrency summit;Ethena (ENA), Sui (SUI) and others will jointly unlock tokens worth more than US$1 billion
This week’s macro outlook: Non-agricultural farmers, Powell, and Trump compete to steal the show, and the Federal Reserve’s bet on interest rates increases
Data: ENA, SUI and other tokens will usher in large unlocks, of which ENA unlocking value is approximately US$835 million
CME Bitcoin futures hit a record gap of more than $10,000
Bitcoin Spot ETF had a net outflow of US$2.61 billion last week, with BlackRock IBIT leading the list with a net outflow of US$1.17 billion
David Sacks, the “Crypto Czar”, confirmed that he had sold all his cryptocurrency positions before taking up the U.S. government position
Metaplanet announced that it will increase its holdings of 156 bitcoins
Trump’s second son Eric Trump: Traditional financial industry had better keep up with cryptocurrencies, otherwise it will soon die out
Cronos proposes to reissue 70 billion destroyed tokens to “create Cronos strategic reserve”
ADA rose more than 70% in 24 hours, rising to eighth place in market value
David Sacks: Trump is fulfilling his promise to make the United States the “cryptocurrency capital of the world”
Trump says crypto strategic reserves will include Bitcoin and Ethereum
SOL, XRP and ADA generally rose after Trump issued the document, with ADA rising 27.24% in 24 hours
Trump instructs a presidential working group to advance cryptocurrency strategic reserves, including XRP, SOL and ADA
Greeks.Live: Most traders are watching whether the $82,000 on Bitcoin’s weekly chart can support it
Tether Treasury launches 1 billion USDTs in Ethereum
CryptoQuant CEO: Ethereum has internal problems, and the team may no longer trust the leadership
Michael Saylor: Achieve $2.6 billion in Bitcoin gains in the first two months of 2025
The Ethereum Foundation appoints Hsiao-Wei Wang and Tomasz Stańczak as joint executive directors
CZ releases “Crazy Ideas for Token Issuance” but says individuals have no token issuance plans
Solana Lianchuang: Bitcoin is an insurance, not an investment. It can ensure that its assets will not return to zero as much as possible
Supported by OSL-Hong Kong’s largest over-the-counter trading platform has continued to provide regulated digital asset services to the market since 2018.
