Top officials from the United States and China are scheduled to meet in Paris in mid-March, indicating that the summit between U.S. President Donald Trump and Chinese President Xi Jinping is proceeding as planned despite ongoing global tensions. Bloomberg posted on X, highlighting the significance of this meeting in the context of strained international relations. The discussions are expected to focus on various bilateral issues, aiming to strengthen diplomatic ties between the two nations. The meeting comes at a time when geopolitical challenges, including the situation in Iran, are impacting global diplomacy. Both countries are keen to maintain dialogue and cooperation, underscoring the importance of their relationship in addressing international concerns.

The Bank of Japan Governor Kazuo Ueda announced plans to conduct technical trials for settling central bank currency in the form of demand deposits using a blockchain-based system. According to Odaily, this initiative aims to explore the potential of blockchain technology in enhancing the efficiency and security of financial transactions. The trials are part of the Bank of Japan's ongoing efforts to innovate and adapt to emerging technologies in the financial sector.

The U.S. Central Command has announced that American forces have destroyed several key Iranian military installations during ongoing operations. According to Jin10, the targeted facilities include command and control centers of the Revolutionary Guard, air defense systems, missile and drone launch sites, and military airports. The U.S. military emphasized its commitment to taking decisive action against the imminent threats posed by the Iranian regime.

PANews posted on X (formerly Twitter). The research department at China International Capital Corporation (CICC) has analyzed asset performance patterns following 14 geopolitical conflicts since 2000. Findings indicate that in the first week after a conflict erupts, the probability of a rise in the A-share market is only 23%. However, as emotions settle, the market focus tends to return to fundamentals. This pattern is expected to continue, with short-term attention on sectors such as energy, non-ferrous metals, and military industries. In the medium term, the main themes remain unchanged, focusing on AI applications, overseas expansion, and resource price increases.

Ethereum spot ETFs have experienced a net inflow of $38.65 million. According to ChainCatcher, BlackRock's $ETHA led the inflows with $26.47 million, accounting for nearly 70% of the total. Grayscale's mini $ETH and $ETHE saw net inflows of $4.82 million and $4.15 million, respectively. Bitwise's $ETHW recorded a net inflow of $2.19 million, while Fidelity's $FETH had a net inflow of $1.02 million.

BNB Chain has launched the BNB Chain MCP Skill, which facilitates reading blockchain data and smart contracts, executing transactions, and managing wallets. According to Foresight News, this new skill also supports the registration of on-chain proxy identities (ERC-8004).

WhatsApp's native trading engine, Dyadnum, has launched a cross-chain exchange feature. According to Foresight News, this new functionality is supported by Wormhole and Mayan, enhancing the platform's capabilities.

The Tennessee Strategic Bitcoin Reserve Bill has been recommended for approval, according to Cointelegraph. According to PANews, the bill has been submitted to the Finance, Ways, and Means Committee for review. If passed, it would permit the state treasurer to allocate up to 10% of public funds into Bitcoin.

On March 3, the Pentagon Pizza Index, often referred to as a barometer for U.S. military operations, exhibited unusual fluctuations. According to BlockBeats, monitoring data from the Pentagon Pizza Watch account revealed that orders at a Domino's Pizza located approximately 1.4 miles from the Pentagon surged to 227% of normal levels on Monday night, raising the alert level to 'DOUGHCON 4.' Comparative analysis of nearby stores showed some pizza outlets experiencing 'abnormal busyness,' while others remained 'quiet' or closed, indicating a structural increase in orders. Monitoring models suggest that such short-term spikes in orders are typically associated with increased overtime work within the Pentagon. Historically, the Pentagon Pizza Index has shown irregularities before major international military actions. In January, prior to U.S. military action against Venezuela, and during previous escalations involving Iran, this index was observed to change unusually. Market analysts point out that the index is based on the assumption that when the Pentagon's high-level operations room is dealing with sudden international crises or military deployments, staff work overtime, leading to a significant increase in nighttime delivery orders. Consequently, some observers view this data as an unconventional early warning signal for geopolitical risks. Currently, the U.S. government has not released any statements regarding related military movements. The market is closely monitoring developments in the Middle East and potential risks of military escalation.

A federal judge has sent Nevada’s cases against Kalshi and Polymarket back to state court, allowing regulators to seek temporary injunctions. source: https://decrypt.co/359769/court-ruling-raises-risk-nevada-trading-halt-kalshi-polymarket

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A New York federal court dismissed a class action against Uniswap Labs, ruling the firm is not responsible for scam tokens traded by third parties on its decentralised protocol. Katherine Polk Failla threw out the remaining claims with prejudice, bringing the lawsuit first filed in 2022 to a close.

Hong Kong and mainland China are moving to hardwire blockchain into the arteries of cross-border trade, deepening financial integration between the two hubs in what could become one of Asia’s most ambitious digital infrastructure projects.

After the initial geopolitical crisis sell-off, the crypto market quickly recovered and rebounded strongly. Does this mean it is once again being seen as a safe-haven asset during geopolitical crises? Does the return of net inflows indicate a recovery? What will the market do next?

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse Morning 8," issue 2984, providing you with the latest and fastest news on the digital currency and blockchain industry.

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Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

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