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former Credit Suisse Chief Investment Officer Iggy Ioppe stated that since CME gold futures close every Friday at 17:00 (Eastern Time) and reopen on Sunday at 18:00, tokenized gold assets such as PAX Gold (PAXG) and Tether Gold (XAUt) have become the only continuously tradable public markets during this period. The publicly visible gold price formation almost entirely occurs in the on-chain market, which means tokenized gold undertakes nearly 100% of price discovery over the weekend. This week, against the backdrop of US and Israel airstrikes on Iran, tokenized gold rose briefly, with XAUt briefly surpassing $5,450 and PAXG approaching $5,536, while Bitcoin and Ethereum fell simultaneously. The main participants currently include market makers, cross-market liquidity providers, and crypto-native macro traders who use tokenized gold for arbitrage, collateral, hedging, and yield strategies. Some institutions also pay attention to weekend on-chain gold trends to assess the "gap risk" before CME opens, but mostly regard it as a reference signal rather than a direct basis for position building.

[Former Credit Suisse CIO: CME Group gold futures closed over the weekend; tokenized gold handles almost 100% of price discovery.]former Credit Suisse Chief Investment Officer Iggy Ioppe stated that since CME gold futures close every Friday at 17:00 (Eastern Time) and reopen on Sunday at 18:00, tokenized gold assets such as PAX Gold (PAXG) and Tether Gold (XAUt) have become the only continuously tradable public markets during this period. The publicly visible gold price formation almost entirely occurs in the on-chain market, which means tokenized gold undertakes nearly 100% of price discovery over the weekend. This week, against the backdrop of US and Israel airstrikes on Iran, tokenized gold rose briefly, with XAUt briefly surpassing $5,450 and PAXG approaching $5,536, while Bitcoin and Ethereum fell simultaneously. The main participants currently include market makers, cross-market liquidity providers, and crypto-native macro traders who use tokenized gold for arbitrage, collateral, hedging, and yield strategies. Some institutions also pay attention to weekend on-chain gold trends to assess the "gap risk" before CME opens, but mostly regard it as a reference signal rather than a direct basis for position building.

Former Credit Suisse CIO: CME Group gold futures closed over the weekend; tokenized gold handles almost 100% of price discovery.

&nbsp;according to DefiLlama data, Hyperliquid's revenue in February reached 62.06 million USD, a 9.8% month-on-month decrease from January's 68.79 million USD.

[Hyperliquid's revenue exceeded $62 million in February, a 9.8% decrease month-over-month.]&nbsp;according to DefiLlama data, Hyperliquid's revenue in February reached 62.06 million USD, a 9.8% month-on-month decrease from January's 68.79 million USD.

Hyperliquid's revenue exceeded $62 million in February, a 9.8% decrease month-over-month.

On March 1, Stani.eth, the founder of Aave, posted that the temperature check for the "Aave Will Win" proposal has passed. This brings Aave Labs closer to a fully token-centric model, directing 100% of product revenue to the AAVE token. The next step is to optimize the structure based on community feedback and refine the proposal to enter the ARFC stage.

[Aave's "100% product revenue to be turned over to the DAO treasury" temperature check has passed.]On March 1, Stani.eth, the founder of Aave, posted that the temperature check for the "Aave Will Win" proposal has passed. This brings Aave Labs closer to a fully token-centric model, directing 100% of product revenue to the AAVE token. The next step is to optimize the structure based on community feedback and refine the proposal to enter the ARFC stage.

Aave's "100% product revenue to be turned over to the DAO treasury" temperature check has passed.

&nbsp;Iranian stock market is suspended until next week. A spokesperson for the Iran Securities Exchange Organization stated that currently only stock market trading is suspended. Details regarding the operation arrangements of spot trading or other financial markets in the capital market will be announced later.&nbsp;

[Iranian stock market trading suspended until next week]&nbsp;Iranian stock market is suspended until next week. A spokesperson for the Iran Securities Exchange Organization stated that currently only stock market trading is suspended. Details regarding the operation arrangements of spot trading or other financial markets in the capital market will be announced later.&nbsp;

Iranian stock market trading suspended until next week

up Surges 10.27% in 24H, Currently at 0.040205 USDT

【up currently trades at 0.040205 USDT, up 10.27% in 24h, according to HTX market data.】up Surges 10.27% in 24H, Currently at 0.040205 USDT

up currently trades at 0.040205 USDT, up 10.27% in 24h, according to HTX market data.

xmn Surges 12.58% in 24H, Currently at 0.010748 USDT

【xmn currently trades at 0.010748 USDT, up 12.58% in 24h, according to HTX market data.】xmn Surges 12.58% in 24H, Currently at 0.010748 USDT

xmn currently trades at 0.010748 USDT, up 12.58% in 24h, according to HTX market data.

esp Surges 21.00% in 24H, Currently at 0.1452 USDT

【esp currently trades at 0.1452 USDT, up 21.00% in 24h, according to HTX market data.】esp Surges 21.00% in 24H, Currently at 0.1452 USDT

esp currently trades at 0.1452 USDT, up 21.00% in 24h, according to HTX market data.

aztec Surges 10.91% in 24H, Currently at 0.02256 USDT

【aztec currently trades at 0.02256 USDT, up 10.91% in 24h, according to HTX market data.】aztec Surges 10.91% in 24H, Currently at 0.02256 USDT

aztec currently trades at 0.02256 USDT, up 10.91% in 24h, according to HTX market data.

clawd Surges 20.39% in 24H, Currently at 5.597e-05 USDT

【clawd currently trades at 5.597e-05 USDT, up 20.39% in 24h, according to HTX market data.】clawd Surges 20.39% in 24H, Currently at 5.597e-05 USDT

clawd currently trades at 5.597e-05 USDT, up 20.39% in 24h, according to HTX market data.

According to The Verge, Phil Spencer, Microsoft’s CEO of gaming, is the latest tech exec to take a shot at Meta’s vision of the metaverse. When asked his definition of the metaverse, Spencer described it as “a poorly built video game” at the WSJ Tech Live conference today. “Video game creators have an amazing ability to build compelling worlds that we want to go spend time in,” he said at the conference. “For me, building a metaverse that looks like a meeting room... I just find that’s not where I want to spend most of my time.” Despite Spencer’s comments, though, he does feel that the concept of the metaverse is going to change. “I tease a little bit in [saying it’s] a bad video game. I just think we’re early,” he said. But he feels that, over time, the metaverse is “going to end up looking a lot more like video games than some of the models that I see for the metaverse today.”

Detail

【Microsoft’s CEO of gaming says the metaverse is a ‘poorly built video game’】According to The Verge, Phil Spencer, Microsoft’s CEO of gaming, is the latest tech exec to take a shot at Meta’s vision of the metaverse. When asked his definition of the metaverse, Spencer described it as “a poorly built video game” at the WSJ Tech Live conference today. “Video game creators have an amazing ability to build compelling worlds that we want to go spend time in,” he said at the conference. “For me, building a metaverse that looks like a meeting room... I just find that’s not where I want to spend most of my time.” Despite Spencer’s comments, though, he does feel that the concept of the metaverse is going to change. “I tease a little bit in [saying it’s] a bad video game. I just think we’re early,” he said. But he feels that, over time, the metaverse is “going to end up looking a lot more like video games than some of the models that I see for the metaverse today.”

Microsoft’s CEO of gaming says the metaverse is a ‘poorly built video game’

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ETH broke through 1900  USDT

BTC broke through 65000  USDT

BTC broke through 66000  USDT

inx currently trades at 0.012484 USDT, up 10.12% in 24h, according to HTX market data.

BTC broke through 67000  USDT

Opinion: Crypto treasury companies may see a wave of consolidation in 2026, with operational companies having an advantage in mergers and acquisitions.

Microsoft’s CEO of gaming says the metaverse is a ‘poorly built video game’

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