Today in History | March 1st

According to Foresight News, Zhao Changpeng posted on social media that if investors are impacted during a market downturn, they should reduce their positions and adjust to a manageable level. The stability of mentality surpasses all market fluctuations.

According to News.bitcoin, India's Central Bureau of Investigation (CBI) announced this week that it has seized cryptocurrency worth 239.4 million Indian rupees (approximately $2.75 million) and other key evidence in a nationwide raid on the Gainbitcoin fraud case. The agency conducted searches in over 60 locations in India on February 25-26, 2025, targeting individuals and entities suspected of money laundering fraud. The main cities participating in this operation include Delhi, Pune, Nadd, Kolhapur, Mumbai, Bangalore, Chandigarh, Mohari, Jansi, and Hubly.

Binance VIRTUAL/USDT's perpetual trading volume surged 11 times within 10 minutes, with a turnover of $77.01 million in the past 24 hours, an increase of 10.79%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.

BlockBeats News: On March 1st, Stacks officially announced on social media that sBTC Cap-2 is now open with a maximum limit of 3000 BTC. Users only need to hold sBTC to start earning up to 5% real Bitcoin reward APY. It is reported that sBTC is a 1:1 Bitcoin supported asset on Stacks Bitcoin L2, which will allow developers to create efficient use cases for BTC and open the door to Bitcoin DeFi, NFT, and more. SBTC utilizes 100% Bitcoin's ultimate deterministic Bitcoin security and benefits from fast transactions. Its launch will drive Stacks to fully activate the Bitcoin economy.

According to AiCoin monitoring, the net inflow of US spot BTC ETF reached $94.3 million yesterday, the highest daily net inflow since February 11th. Among them, ARKB had the largest inflow of funds, reaching 194 million US dollars; Next is FBTC, with an inflow of $176 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only