Meta Platforms spokesperson: There is currently no stablecoin from Meta.

Middle East geopolitical conflicts boost demand for safe-haven assets. What are the defensive assets?

The escalating conflict in the Middle East has triggered investor demand for safe-haven assets, including the US dollar, gold, and the Swiss franc. Shipping safety in the Hormuz Strait has become a focal point, with potential oil price increases possibly adding to global inflationary pressures. The stock market is facing re-pricing, with defensive sectors performing better, while Bitcoin experiences significant volatility amid market fluctuations. The UAE Securities Exchange will be closed due to the conflict, impacting economic stability.

The US Dollar Index (DXY) rose above 98, with an intraday increase of 0.34%.

ChainCatcher reports that the US Dollar Index (DXY) has risen above 98, with an intraday increase of 0.34%.

Bitcoin Drops Below $64K Amid Middle East Tensions

Bitcoin has dipped below $64K amid geopolitical tensions from U.S. and Israeli attacks on Iran, contrasting with rising gold prices. Despite this, Bitcoin ETFs saw over $1B in inflows, indicating renewed investor interest in crypto, though Ethereum and Solana also declined.

Could AI Become a Time Bomb? JPMorgan CEO: Market Conditions Are Like Just Before the "2008 Financial Crisis"

Author: Ariel, Crypto City JPMorgan Chase CEO Warns: Financial Environment Shows Signs of 2008 Crisis Jamie Dimon, CEO who led JPMorgan Chase through the 2008 financial crisis and acquired two failed competitors, warned on February 24 that the current financial market conditions and some banks engaging in reckless behavior such as taking on high-risk loans for profit could trigger a situation similar to the outbreak of the 2008 financial tsunami. The current market situation is very similar to 2005, 2006, and 2007, with soaring asset prices and trading volumes causing excessive optimism among market participants. Some financial institutions are making high-risk decisions to generate net interest income. He expects that the credit cycle will eventually deteriorate again, although the specific timing remains uncertain. Dimon reviews last year's auto loan

70% of assets heavily invested in Bitcoin! Mexican billionaire urges "buy quickly during the dip," and the wealthy dad is also increasing his holdings

Mexican billionaire Ricardo Salinas Pliego is heavily investing in Bitcoin, believing it can hedge against inflation and symbolize personal freedom. Robert Kiyosaki warns that a stock market crash is imminent and continues to increase his holdings in Bitcoin and precious metals, remaining confident. They both believe that Bitcoin has long-term value potential, and the current price dip is a good buying opportunity.

Former Credit Suisse CIO: During the CME market closure over the weekend, tokenized gold accounted for "almost 100% price discovery"

Former Credit Suisse Chief Investment Officer Iggy Ioppe pointed out that during the trading suspension of CME gold futures, the on-chain market became the only publicly tradable market, with tokenized gold assets like PAX Gold and Tether Gold dominating price discovery. Data shows that the market capitalization of tokenized gold reached $4.4 billion, a 177% increase. Against this backdrop, the prices of tokenized gold rose, with major participants engaging in arbitrage and hedging strategies in the on-chain market.