NPM surged 4119.40% after launching on Alpha, current price 0.002273 USDT

VVV Token surges 20% against the trend, Venice AI ecosystem: breakout or short-term market?

On March 2nd, the global cryptocurrency market was generally sluggish, but Venice Token (VVV) rose against the trend, increasing by over 20%. VVV is the native token of the Venice AI ecosystem, dedicated to privacy and decentralized computing. Recently, its token issuance has decreased and it has integrated with multiple DeFi protocols, boosting market attention to VVV and continuously expanding the user base. Despite the significant rise, VVV's price remains 70% below its all-time high.

Cryptocurrency panic index drops to 10, hitting an all-time extreme. Is the BTC market approaching a bottom signal?

Cryptocurrency Fear and Greed Index drops to 10, indicating extreme market panic and weakened investor confidence. Market volatility increases, macroeconomic pressures and negative public opinion drive panic higher. Although historically, low levels of this index often signal market bottoms, if macroeconomic conditions worsen, crypto assets may still face downward pressure.

Analysis: The bears are not enough to quickly "break 6 and see 5" for BTC. The $64,500 support will be reaffirmed after the US stock market opens.

Bitcoin analyst Murphy pointed out that when the price approaches the historical average turnover cost of $64,500, market sentiment reaches a limit. Recently, Bitcoin has repeatedly fallen below this cost line but quickly rebounded, indicating strong bullish resistance. As the focus shifts from US-Iran geopolitical conflicts, it is expected to have a significant impact on crude oil prices, and in the short term, the bearish forces are insufficient to quickly push prices down.

Saudi Arabia Shuts Ras Tanura Refinery After Iran Drone Strike

Saudi Arabia’s energy sector faced fresh tension on March 2. After reports of an Iranian drone strike targeting the massive Ras Tanura refinery. The facility is one of the world’s largest oil processing hubs. It handles around 550K barrels per day. Early reports say operations were halted as a