Etherealize CEO Vivek Raman, an Ethereum ecosystem analysis company, testified before Congress, pointing out that the current financial system is inefficient and advocating for public blockchains to enable real-time settlement and global regulation. He believes that by clarifying digital asset legislation, the pace of innovation can be increased by 100 times, emphasizing the security and resilience of decentralization.

Gate News Report, March 8: KalshiData posted on the X platform that as of March 5, Kalshi's monthly nominal trading volume was approximately $1.9 billion, averaging about $380 million per day. If this pace continues, Kalshi's nominal trading volume for March will reach approximately $11.8 billion. Previously, it was reported that both Kalshi and Polymarket are seeking funding at a valuation of around $20 billion.

On March 5, 2026, from 16:00 to 16:15 (UTC), the price of Ethereum (ETH) recorded a -1.12% return within 15 minutes, with a price range of 2056.69 to 2087.34 USDT, and an amplitude of 1.47%. Market attention during this period significantly increased, volatility intensified, mainstream coins experienced a synchronized pullback, and short-term traders engaged in frequent speculative battles. The main driver of this fluctuation is macro-level liquidity disturbances. As the Federal Reserve's interest rate decision approaches and the U.S. non-farm payroll data is set to be released on March 6, the market shows divergence in the pace of rate cuts, prompting some short-term funds to choose

Odaily Planet Daily reports that U.S. Secretary of Defense Pete Hegseth stated that the conflict between the United States and Iran could last for several weeks, potentially up to 8 weeks or even longer. He said that the pace of the conflict will be determined by the U.S., "it could be four weeks, six weeks, or even eight weeks," and that the U.S. will control the speed and intensity of the actions. (CCTV News)

The Bank of Japan is exploring the integration of blockchain into its settlement system and has launched experimental projects to test the operation of central bank reserves on the blockchain. This move aims to improve the efficiency of interbank clearing and securities settlement while keeping pace with global financial technology innovations. The bank is also advancing pilot programs for central bank digital currencies and refining digital asset policies to promote the integration of blockchain with traditional finance.

From 16:30 to 16:45 (UTC) on February 26, 2026, the BTC spot market recorded a -0.61% return, with prices fluctuating between 66,912.7 and 67,455.0 USDT, with an amplitude of 0.80%. During this window, market attention increased, and high-frequency anomalies triggered short-term cautiousness among investors. Liquidity was ample, but volatility intensified. The main driver of this anomaly was large on-chain fund transfers to exchanges, raising concerns about selling pressure. At the same time, the pace of ETF capital inflows slowed, and the ability of spot buying to absorb selling pressure decreased, further exacerbating price fluctuations in a short period.

PUMP ecosystem recently saw a large transfer, with 11.2 billion tokens (approximately $21.22 million) moved from the core treasury to an external address, attracting market attention. This move is seen as a phased implementation of the ecosystem partnership plan, aimed at controlling supply and promoting ecosystem expansion. The clear record of the transfer reduces information asymmetry, decreases market selling pressure risk, and future attention should be paid to the release pace and the sustainability of collaborations.

The inflow of funds into the Bitcoin ETF market continues, but the price of Bitcoin has not broken through the key threshold of $150,000. Analysts believe that the limiting factor for BTC's upward potential is not a single market maker, but rather the structural design and operational mechanism of the ETF. Authorized participants can efficiently hedge within the gray area, which means that capital inflows may not necessarily impact the spot market. Additionally, shifting to a "physical redemption" mechanism affects the price discovery process in the open market, thereby weakening the direct correlation between ETF prices and Bitcoin price increases. These institutional frictions may lead to a slow pace of price appreciation.

On February 25, news reports indicate that as Ethereum's price has declined approximately 37% this month, market attention has shifted to Vitalik Buterin's on-chain fund movements. On-chain data platform Arkham Intelligence shows that Buterin-related wallets held about 241,000 ETH in early February, but this has recently decreased to approximately 224,000 ETH, with continuous outflows during this period, totaling a reduction of nearly $43 million in a single month, adding additional disturbance to ETH market sentiment. On-chain records indicate that this batch of Ethereum was not sold off in a single large transaction but was gradually exchanged through decentralized aggregated trading methods, a typical slippage reduction strategy. This pace suggests that selling pressure is being released gradually rather than causing short-term liquidity shocks. Meanwhile, Ethereum's price has fallen back to around $1,900, with the weak trend resonating with ongoing fund outflows, intensifying investors' cautious outlook on the short-term trend.

Odaily Planet Daily reports that KalshiData posted on the X platform that as of February 14, Kalshi has recorded over 34.8 million transactions this month, with an average daily trading volume of about 2.5 million transactions. In comparison, Kalshi recorded approximately 54.5 million transactions in January, which means that the trading volume for February has reached about 64% of the total for the previous month. If the current pace continues, Kalshi's monthly trading volume is expected to set a new record, potentially exceeding 69.6 million transactions.