24-Hour Spot Fund Inflow/Outflow Rankings: USD 1 net inflow of $101 million, ORCA net outflow of $22.57 million

Bitmine buys the dip again! Tom Lee is optimistic about Ethereum with "three major bullish factors" supporting it

Bitmine Immersion Technologies increased its holdings by 51,162 ETH last week, bringing the total to 4.42 million ETH, valued at approximately $8.7 billion, making it the publicly traded company with the largest ETH holdings. Despite market difficulties, Chairman Tom Lee believes the fundamentals of ETH are strong and points out three major positive factors. 68.7% of the company's ETH has been staked, which is expected to generate significant passive income.

Wall Street Begins Buying Altcoins

Recently, major asset management firms have started investing in DeFi Tokens, including BlackRock and Apollo Global Management, indicating a renewed interest in altcoins. Institutional participation could create positive feedback for the industry and boost retail investor confidence. However, the bear market is not over yet, and it is expected that altcoins will need to wait a longer time before seeing gains. The author plans to increase holdings of altcoins starting next quarter and will focus on projects with low price-to-earnings ratios and genuine product value.

[Summary] Israel and the U.S. launch a sudden airstrike on Iran... Cryptocurrency market evaporates 140 billion within 15 minutes

Following reports of attacks by the US military and Israel on Iran, the cryptocurrency market plummeted. Bitcoin dropped below $64,000, and Ethereum fell over 5%. Investor sentiment sharply cooled, risk assets were sold off, and funds shifted to gold and the US dollar. The market is watching Iran's response, as a blockade of the Strait of Hormuz could lead to further economic turmoil.

Tokenized US Treasury market value surpasses $10.8 billion. Amid capital reshuffling, who still wants to buy cryptocurrencies?

Influenced by institutional and corporate capital inflows, the tokenized U.S. Treasury bond market performed strongly, with a market capitalization surpassing $10.8 billion. BlackRock's digital liquidity fund BUIDL has become a major driving force. Additionally, DTCC has launched a tokenized Treasury bond service. Despite the sluggish crypto market, tokenized Treasury bonds are providing stability, changing capital flows, and potentially posing a challenge to the crypto market.

Coolpad Group acquires 39,000 shares of Strategy, approximately $4.98 million

BlockBeats News, February 28 — According to the Hong Kong Economic Daily, Hong Kong-listed company Coolpad Group disclosed that it has spent approximately HKD 38.89 million (USD 4.98 million) to purchase 39,000 shares of Strategy, while also selling 390 MSTR shares and writing call options, collecting a premium of USD 51,210. The related call options expire on March 6, with a strike price of USD 150, which is 15.8% higher than MSTR's Friday closing price of USD 129.50.

XRP stabilizes above $1.4, FXRP mints over 3 million tokens in a single day, DeFi and ETF funds accelerate simultaneously

XRP's recent price remains steady in the $1.32-$1.48 range, with the market watching to see if it can break through $1.5. As on-chain activity increases, FXRP minting has risen significantly, and DeFi participation has grown. Capital inflows have strengthened, and positive signs are emerging in spot ETFs, with technical indicators showing bullish momentum is building.