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&nbsp;panic sentiment continues to intensify, with the South Korean KOSPI index plunging 12% intraday, currently at 5096.16 points.&nbsp;

[South Korea's benchmark stock index plunged 12% intraday.]&nbsp;panic sentiment continues to intensify, with the South Korean KOSPI index plunging 12% intraday, currently at 5096.16 points.&nbsp;

South Korea's benchmark stock index plunged 12% intraday.

HTX data showed that XLM fell below 0.15  USDT and is now at 0.149892 USDT, with a decrease of 2.40% in 24H.

[XLM fell below 0.15  USDT] HTX data showed that XLM fell below 0.15  USDT and is now at 0.149892 USDT, with a decrease of 2.40% in 24H.

XLM fell below 0.15  USDT

on the night of the 3rd, Iran's Fars News Agency, citing informed sources, reported that the election of Iran's Supreme Leader may be postponed until next week. The sources said that the highest level of security measures have been taken to ensure the smooth election of the Supreme Leader by the Assembly of Experts. The election may be held in person after the funeral of the late Supreme Leader Khamenei. An earlier report from Iran's Fars News Agency confirmed that the office building of the Assembly of Experts in Qom, south of Tehran, Iran's capital, was attacked by Israel that day, but no meeting was held in the office building at that time. For security reasons, the members of the Assembly of Experts voted in absentia. The report also stated that the voting was conducted orderly in a secure environment and emphasized that the election is in its final stages and the results may be announced soon. Videos released by Iranian media show that the office building of the Assembly of Experts has been completely reduced to rubble. Some Israeli media reported that members of the Assembly of Experts were holding a meeting to elect the new Supreme Leader at the time of the attack, and the attack occurred during the vote counting, with not all members present. Khamenei was killed on February 28 in attacks by the United States and Israel on Iran. According to a report by Iran's Fars News Agency on the 3rd, Khamenei will be buried in the holy city of Mashhad, Iran, with the funeral date yet to be announced. The Assembly of Experts is the highest authority responsible for electing, supervising, and dismissing Iran's Supreme Leader. (Zhitong Finance)

[Iranian media: Supreme Leader election may be postponed until next week]on the night of the 3rd, Iran's Fars News Agency, citing informed sources, reported that the election of Iran's Supreme Leader may be postponed until next week. The sources said that the highest level of security measures have been taken to ensure the smooth election of the Supreme Leader by the Assembly of Experts. The election may be held in person after the funeral of the late Supreme Leader Khamenei. An earlier report from Iran's Fars News Agency confirmed that the office building of the Assembly of Experts in Qom, south of Tehran, Iran's capital, was attacked by Israel that day, but no meeting was held in the office building at that time. For security reasons, the members of the Assembly of Experts voted in absentia. The report also stated that the voting was conducted orderly in a secure environment and emphasized that the election is in its final stages and the results may be announced soon. Videos released by Iranian media show that the office building of the Assembly of Experts has been completely reduced to rubble. Some Israeli media reported that members of the Assembly of Experts were holding a meeting to elect the new Supreme Leader at the time of the attack, and the attack occurred during the vote counting, with not all members present. Khamenei was killed on February 28 in attacks by the United States and Israel on Iran. According to a report by Iran's Fars News Agency on the 3rd, Khamenei will be buried in the holy city of Mashhad, Iran, with the funeral date yet to be announced. The Assembly of Experts is the highest authority responsible for electing, supervising, and dismissing Iran's Supreme Leader. (Zhitong Finance)

Iranian media: Supreme Leader election may be postponed until next week

&nbsp;Polymarket data shows the probability of the "Clarity Act" being signed into law in 2026 has risen to 72%, an increase of 7% from before. This change occurred after Trump publicly promoted the passage of the bill.

[Polymarket predicts the Clarity Act has a 72% chance of being signed in 2026.]&nbsp;Polymarket data shows the probability of the "Clarity Act" being signed into law in 2026 has risen to 72%, an increase of 7% from before. This change occurred after Trump publicly promoted the passage of the bill.

Polymarket predicts the Clarity Act has a 72% chance of being signed in 2026.

&nbsp;according to Decrypt, as large investors such as enterprises and exchanges choose to stake Ethereum to earn yields rather than sell during market rebounds, the Ethereum validator entry queue has surged to about 3.4 million ETH, forming one of the longest staking queues since the network transitioned to PoS, with an expected waiting time of about 60 days.

[Ethereum validator entry queue surges to approximately 3.4 million ETH, possibly driven by large investors.]&nbsp;according to Decrypt, as large investors such as enterprises and exchanges choose to stake Ethereum to earn yields rather than sell during market rebounds, the Ethereum validator entry queue has surged to about 3.4 million ETH, forming one of the longest staking queues since the network transitioned to PoS, with an expected waiting time of about 60 days.

Ethereum validator entry queue surges to approximately 3.4 million ETH, possibly driven by large investors.

Northern Trust, which manages $1.4 trillion in assets, announced the launch of a tokenized share class (Tokenized Money Market Share Class) for its NIF Treasury Instruments Portfolio, marking its official entry into the digital asset market. This tokenized share serves as a blockchain "mirror record" of the institutional share class, realizing digital registration of holdings through blockchain technology. In the initial phase, it is open to investment clients on the LiquidityDirect platform of banks in New York, USA.

[Northern Trust launches tokenized currency market share category]Northern Trust, which manages $1.4 trillion in assets, announced the launch of a tokenized share class (Tokenized Money Market Share Class) for its NIF Treasury Instruments Portfolio, marking its official entry into the digital asset market. This tokenized share serves as a blockchain "mirror record" of the institutional share class, realizing digital registration of holdings through blockchain technology. In the initial phase, it is open to investment clients on the LiquidityDirect platform of banks in New York, USA.

Northern Trust launches tokenized currency market share category

the derivatives market Chicago Mercantile Exchange Group (CME Group) announced that the average daily trading volume of cryptocurrency contracts in February reached 322,000 contracts, with a nominal value of 9.3 billion USD, an increase of 45%. Among them, the average daily contract volume of Micro Ethereum futures increased by 22% to 115,000 contracts; the average daily contract volume of Micro Bitcoin futures increased by 31% to 100,000 contracts; the average daily contract volume of Ethereum futures increased by 65% to 24,000 contracts.

[CME Group's cryptocurrency futures contracts saw a 45% increase in average daily trading volume in February, reaching a notional value of $9.3 billion.]the derivatives market Chicago Mercantile Exchange Group (CME Group) announced that the average daily trading volume of cryptocurrency contracts in February reached 322,000 contracts, with a nominal value of 9.3 billion USD, an increase of 45%. Among them, the average daily contract volume of Micro Ethereum futures increased by 22% to 115,000 contracts; the average daily contract volume of Micro Bitcoin futures increased by 31% to 100,000 contracts; the average daily contract volume of Ethereum futures increased by 65% to 24,000 contracts.

CME Group's cryptocurrency futures contracts saw a 45% increase in average daily trading volume in February, reaching a notional value of $9.3 billion.

Arizona, USA is advancing legislation to establish a state-level digital asset reserve fund using confiscated cryptocurrencies. Arizona Senate Bill No. 1649 (AZ SB1649) allows the state treasurer to hold, invest, or lend BTC, XRP, and "any other assets that exist solely in digital form and can confer economic rights, ownership, or access."

[Arizona is pushing forward legislation to establish a state-level digital asset reserve fund using confiscated cryptocurrency.]Arizona, USA is advancing legislation to establish a state-level digital asset reserve fund using confiscated cryptocurrencies. Arizona Senate Bill No. 1649 (AZ SB1649) allows the state treasurer to hold, invest, or lend BTC, XRP, and "any other assets that exist solely in digital form and can confer economic rights, ownership, or access."

Arizona is pushing forward legislation to establish a state-level digital asset reserve fund using confiscated cryptocurrency.

according to CoinDesk, Bitcoin is only a few days away from the 20 millionth coin being mined. Currently, over 95% of the total supply of 21 million coins is already in circulation. The last 1 million BTC will take 114 years to be mined.

[Bitcoin is just days away from its 20 millionth coin being mined, with the remaining 1 million coins expected to take 114 years to mine.]according to CoinDesk, Bitcoin is only a few days away from the 20 millionth coin being mined. Currently, over 95% of the total supply of 21 million coins is already in circulation. The last 1 million BTC will take 114 years to be mined.

Bitcoin is just days away from its 20 millionth coin being mined, with the remaining 1 million coins expected to take 114 years to mine.

According to Coingeek, Rio de Janeiro will allow its residents to pay property taxes in digital assets starting in 2023, a decree published this week has revealed. Mayor Eduardo Paeshas now published a decree calling for applications from virtual asset service providers who wish to process digital asset payments starting in 2023. While the residents will make the payments in digital assets, the city government will only receive the funds in fiat. It will rely on its partner VASPs to convert digital assets with no additional costs to the taxpayers.

Detail

【Brazil’s Rio de Janeiro to allow digital asset tax payments】According to Coingeek, Rio de Janeiro will allow its residents to pay property taxes in digital assets starting in 2023, a decree published this week has revealed. Mayor Eduardo Paeshas now published a decree calling for applications from virtual asset service providers who wish to process digital asset payments starting in 2023. While the residents will make the payments in digital assets, the city government will only receive the funds in fiat. It will rely on its partner VASPs to convert digital assets with no additional costs to the taxpayers.

Brazil’s Rio de Janeiro to allow digital asset tax payments

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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