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&nbsp;Bank of America stated that U.S. stock funds experienced the largest outflow in 6 weeks, totaling 13.9 billion USD, while other regions attracted inflows. Bank of America cited EPFR Global data showing that in the week ending March 4: bonds attracted 19.7 billion USD inflows; stocks overall 11.5 billion USD inflows; money market funds 5.6 billion USD inflows; cryptocurrencies 1.9 billion USD inflows; gold faced the largest outflow since October, totaling 1.8 billion USD.

[Bank of America: US equity funds experience largest outflow in six weeks]&nbsp;Bank of America stated that U.S. stock funds experienced the largest outflow in 6 weeks, totaling 13.9 billion USD, while other regions attracted inflows. Bank of America cited EPFR Global data showing that in the week ending March 4: bonds attracted 19.7 billion USD inflows; stocks overall 11.5 billion USD inflows; money market funds 5.6 billion USD inflows; cryptocurrencies 1.9 billion USD inflows; gold faced the largest outflow since October, totaling 1.8 billion USD.

Bank of America: US equity funds experience largest outflow in six weeks

according to data from DefiLlama, Hyperliquid's total revenue has exceeded 1 billion USD, reaching 1.027 billion USD. Among them, the revenue in February reached 62.06 million USD, a month-on-month decrease of 9.8%, with an average daily revenue of about 2.21 million USD in February.

[Hyperliquid's cumulative revenue surpasses $1 billion]according to data from DefiLlama, Hyperliquid's total revenue has exceeded 1 billion USD, reaching 1.027 billion USD. Among them, the revenue in February reached 62.06 million USD, a month-on-month decrease of 9.8%, with an average daily revenue of about 2.21 million USD in February.

Hyperliquid's cumulative revenue surpasses $1 billion

On March 6, Nvidia CEO Jensen Huang highly praised the open-source AI agent OpenClaw at the Morgan Stanley Technology, Media &amp; Telecom Conference on Wednesday, calling it "possibly the most important software release ever." He pointed out that Linux took about 30 years to reach its current level of popularity, while OpenClaw surpassed it in just 3 weeks, becoming "the most downloaded open-source software in history." He described the growth curve as still vertical on a semi-logarithmic scale, "looking just like the Y-axis, something I've never seen before."

[Jensen Huang called OpenClaw "the most important software release in history," surpassing 30 years of Linux accumulation in just 3 weeks.]On March 6, Nvidia CEO Jensen Huang highly praised the open-source AI agent OpenClaw at the Morgan Stanley Technology, Media &amp; Telecom Conference on Wednesday, calling it "possibly the most important software release ever." He pointed out that Linux took about 30 years to reach its current level of popularity, while OpenClaw surpassed it in just 3 weeks, becoming "the most downloaded open-source software in history." He described the growth curve as still vertical on a semi-logarithmic scale, "looking just like the Y-axis, something I've never seen before."

Jensen Huang called OpenClaw "the most important software release in history," surpassing 30 years of Linux accumulation in just 3 weeks.

the “Bitcoin-friendly city” vision in Vancouver, British Columbia, Canada has encountered a major setback. City government officials have recently announced a recommendation to terminate a previous motion proposed by the city council aimed at making Vancouver a “Bitcoin-friendly city.”

[Vancouver's "Bitcoin-Friendly City" plan falls apart: Legal review settles the matter, municipal funds banned from holding BTC.]the “Bitcoin-friendly city” vision in Vancouver, British Columbia, Canada has encountered a major setback. City government officials have recently announced a recommendation to terminate a previous motion proposed by the city council aimed at making Vancouver a “Bitcoin-friendly city.”

Vancouver's "Bitcoin-Friendly City" plan falls apart: Legal review settles the matter, municipal funds banned from holding BTC.

on March 6, Lan Foan, Minister of Finance, stated at the economic-themed press conference of the Fourth Session of the 14th National People's Congress that this year the central government has specially allocated 100 billion yuan and introduced a package of six fiscal and financial policies to jointly promote domestic demand, including four targeted to support private investment and two to support resident consumption.&nbsp;

[Ministry of Finance: This year, the central government has allocated 100 billion yuan specifically to launch a package of fiscal and financial policies to stimulate domestic demand.]on March 6, Lan Foan, Minister of Finance, stated at the economic-themed press conference of the Fourth Session of the 14th National People's Congress that this year the central government has specially allocated 100 billion yuan and introduced a package of six fiscal and financial policies to jointly promote domestic demand, including four targeted to support private investment and two to support resident consumption.&nbsp;

Ministry of Finance: This year, the central government has allocated 100 billion yuan specifically to launch a package of fiscal and financial policies to stimulate domestic demand.

on March 5 local time, New York State Attorney General Letitia James, together with 23 states (a coalition of 24 states in total), filed a lawsuit in the U.S. International Trade Court, requesting to halt the Trump administration's new global tariffs, declare the measures illegal, and recover losses for the states.

[The New York Attorney General, along with 23 other states, filed a lawsuit against Trump's new tariffs, accusing him of overstepping his authority and violating the law.]on March 5 local time, New York State Attorney General Letitia James, together with 23 states (a coalition of 24 states in total), filed a lawsuit in the U.S. International Trade Court, requesting to halt the Trump administration's new global tariffs, declare the measures illegal, and recover losses for the states.

The New York Attorney General, along with 23 other states, filed a lawsuit against Trump's new tariffs, accusing him of overstepping his authority and violating the law.

&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.

June 22 (Huobi) - Tether Holdings, the issuer of the largest stablecoin on the market, has become perhaps the world’s most profitable digital asset, earning an excess of $1.48 billion in net profit in Q1 2023. Tether currently holds $83 billion in deposits, and most of its reserves are in U.S. Treasury bills, whose yields have surged to around 5%.

[Tether Turns into the World’s Most Profitable Digital Asset, Earning $6 Billion a Year]June 22 (Huobi) - Tether Holdings, the issuer of the largest stablecoin on the market, has become perhaps the world’s most profitable digital asset, earning an excess of $1.48 billion in net profit in Q1 2023. Tether currently holds $83 billion in deposits, and most of its reserves are in U.S. Treasury bills, whose yields have surged to around 5%.

Tether Turns into the World’s Most Profitable Digital Asset, Earning $6 Billion a Year

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

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