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&nbsp;Wu Qing, Chairman of the China Securities Regulatory Commission, said at the economic-themed press conference of the Fourth Session of the 14th National People's Congress on March 6 that the total market value of A-shares currently exceeds 110 trillion yuan. (Dongxin News Agency)

[Wu Qing: The total market capitalization of A-shares currently exceeds 110 trillion yuan.]&nbsp;Wu Qing, Chairman of the China Securities Regulatory Commission, said at the economic-themed press conference of the Fourth Session of the 14th National People's Congress on March 6 that the total market value of A-shares currently exceeds 110 trillion yuan. (Dongxin News Agency)

Wu Qing: The total market capitalization of A-shares currently exceeds 110 trillion yuan.

famous economist and staunch gold supporter Peter Schiff has issued a severe warning once again. In his latest commentary, he pointed out that once the financial markets begin to truly price in a "more pessimistic war outcome" (i.e., escalation or prolongation of geopolitical conflicts), the currently regarded core assets such as U.S. stocks, cryptocurrencies (Crypto), and the U.S. dollar (USD) will face severe sell-offs, while oil (Oil) and gold (Gold) will become the only safe-haven winners and surge significantly.

[Peter Schiff: If the market prices a “pessimistic war outcome,” stocks, cryptocurrencies, and the US dollar will crash.]famous economist and staunch gold supporter Peter Schiff has issued a severe warning once again. In his latest commentary, he pointed out that once the financial markets begin to truly price in a "more pessimistic war outcome" (i.e., escalation or prolongation of geopolitical conflicts), the currently regarded core assets such as U.S. stocks, cryptocurrencies (Crypto), and the U.S. dollar (USD) will face severe sell-offs, while oil (Oil) and gold (Gold) will become the only safe-haven winners and surge significantly.

Peter Schiff: If the market prices a “pessimistic war outcome,” stocks, cryptocurrencies, and the US dollar will crash.

the central bank: this year it will flexibly and efficiently use various monetary policy tools such as reserve requirement ratio cuts and interest rate cuts. (CCTV News)

[The People's Bank of China stated that it will flexibly and efficiently utilize various monetary policy tools, including reserve requirement ratio cuts and interest rate cuts, this year.]the central bank: this year it will flexibly and efficiently use various monetary policy tools such as reserve requirement ratio cuts and interest rate cuts. (CCTV News)

The People's Bank of China stated that it will flexibly and efficiently utilize various monetary policy tools, including reserve requirement ratio cuts and interest rate cuts, this year.

Marco Valli and Daniel Vernazza from Yuxin's investment research institute stated in a report that the military action against Iran seems likely to last for weeks, allowing the central bank to ignore recent turmoil. After that, tensions and energy disruptions are expected to ease. The two chief economists said: "In our baseline scenario, we still expect the Federal Reserve to cut interest rates only once this year, while the European Central Bank will remain on hold until as late as 2027." They added that the risks for the European Central Bank this year have shifted from additional monetary easing to premature tightening.

[Analysts: The Federal Reserve and the European Central Bank may ignore the Middle East shock.]Marco Valli and Daniel Vernazza from Yuxin's investment research institute stated in a report that the military action against Iran seems likely to last for weeks, allowing the central bank to ignore recent turmoil. After that, tensions and energy disruptions are expected to ease. The two chief economists said: "In our baseline scenario, we still expect the Federal Reserve to cut interest rates only once this year, while the European Central Bank will remain on hold until as late as 2027." They added that the risks for the European Central Bank this year have shifted from additional monetary easing to premature tightening.

Analysts: The Federal Reserve and the European Central Bank may ignore the Middle East shock.

&nbsp;according to CryptoQuant analyst Darkfrost, it is currently estimated that 38% of altcoin prices are close to their historical lows, which is worse than the market crash after FTX. He stated that the current market is "unfavorable" for risk assets, and the cryptocurrency market is the first to absorb this risk-averse sentiment. He added: "For comparison, this indicator reached 35% in April 2025 and 37.8% after the FTX crash. This chart perfectly shows the current state of altcoins. Investors remain cautious, and interest in altcoins continues to decline."

[Analysts: 38% of altcoins are near all-time lows.]&nbsp;according to CryptoQuant analyst Darkfrost, it is currently estimated that 38% of altcoin prices are close to their historical lows, which is worse than the market crash after FTX. He stated that the current market is "unfavorable" for risk assets, and the cryptocurrency market is the first to absorb this risk-averse sentiment. He added: "For comparison, this indicator reached 35% in April 2025 and 37.8% after the FTX crash. This chart perfectly shows the current state of altcoins. Investors remain cautious, and interest in altcoins continues to decline."

Analysts: 38% of altcoins are near all-time lows.

PEI Licensing, the company owning the clothing brand Original Penguin, has filed a lawsuit against the NFT project Pudgy Penguins, accusing it of trademark infringement, trademark dilution, and unfair competition.

[Pudgy Penguins is accused of infringing on the Original Penguin trademark.]PEI Licensing, the company owning the clothing brand Original Penguin, has filed a lawsuit against the NFT project Pudgy Penguins, accusing it of trademark infringement, trademark dilution, and unfair competition.

Pudgy Penguins is accused of infringing on the Original Penguin trademark.

&nbsp;ship traffic in the Strait of Hormuz has almost completely come to a halt, with passage volumes dropping to the lowest level since this key waterway was effectively closed over the weekend. A report released by the Joint Maritime Information Center on March 6 stated that a recent assessment of shipping signals in the strait indicates that the number of passing vessels has dropped to single digits, with only two confirmed commercial passages observed in the past 24 hours. According to this multinational maritime advisory organization focused on the Middle East, these passages involved cargo ships rather than oil tankers.&nbsp;

[Joint Maritime Information Center: Shipping in the Strait of Hormuz has almost completely come to a standstill.]&nbsp;ship traffic in the Strait of Hormuz has almost completely come to a halt, with passage volumes dropping to the lowest level since this key waterway was effectively closed over the weekend. A report released by the Joint Maritime Information Center on March 6 stated that a recent assessment of shipping signals in the strait indicates that the number of passing vessels has dropped to single digits, with only two confirmed commercial passages observed in the past 24 hours. According to this multinational maritime advisory organization focused on the Middle East, these passages involved cargo ships rather than oil tankers.&nbsp;

Joint Maritime Information Center: Shipping in the Strait of Hormuz has almost completely come to a standstill.

according to Cointelegraph, Santiment data shows that the number of non-empty Bitcoin wallets has reached a historic high, while the supply of Bitcoin on exchanges has dropped to the lowest level since 2017. This trend indicates that Bitcoin adoption is increasing, with more investors choosing to store assets in offline wallets.

[The number of non-empty Bitcoin wallets hit a record high, while exchange supply fell to its lowest level since 2017.]according to Cointelegraph, Santiment data shows that the number of non-empty Bitcoin wallets has reached a historic high, while the supply of Bitcoin on exchanges has dropped to the lowest level since 2017. This trend indicates that Bitcoin adoption is increasing, with more investors choosing to store assets in offline wallets.

The number of non-empty Bitcoin wallets hit a record high, while exchange supply fell to its lowest level since 2017.

FTX founder SBF tweeted that many people are currently complaining about algorithmic bias, but traditional media is worse. He quoted an email from a top media journalist stating the unspoken rule that "all SBF reports must be negative," and pointed out that the Department of Justice under Biden used the same method against Trump: fabricating charges to prosecute opponents, covered up by traditional media.

[SBF accuses media of algorithmic bias: "All SBF reporting must be negative" is an unspoken rule.]FTX founder SBF tweeted that many people are currently complaining about algorithmic bias, but traditional media is worse. He quoted an email from a top media journalist stating the unspoken rule that "all SBF reports must be negative," and pointed out that the Department of Justice under Biden used the same method against Trump: fabricating charges to prosecute opponents, covered up by traditional media.

SBF accuses media of algorithmic bias: "All SBF reporting must be negative" is an unspoken rule.

The Texas legislature has voted to add the use of digital assets as a medium of exchange to the state's Bill of Rights. This historic move could set a precedent for other states to follow suit and could lead to the mainstream acceptance of cryptocurrencies across the United States.

[Texas Adds Digital Assets to State Bill of Rights, Sparking Potential Nationwide Precedent]The Texas legislature has voted to add the use of digital assets as a medium of exchange to the state's Bill of Rights. This historic move could set a precedent for other states to follow suit and could lead to the mainstream acceptance of cryptocurrencies across the United States.

Texas Adds Digital Assets to State Bill of Rights, Sparking Potential Nationwide Precedent

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