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

Traditional Finance Drop Alert: HK50 Down Over 1.5%

Gate News bot message: According to the latest Gate TradFi data, HK50 has dropped 1.5% in the short term, with current volatility significantly higher than recent average levels, and market activity has increased.

SpaceX's Bitcoin value drops sharply ahead of historic IPO

SpaceX's Bitcoin holdings have decreased to approximately 19,283,746,565,748,392,01 million amid preparations for an IPO possibly worth over $1.75 trillion. The company, led by Elon Musk, holds 8,285 Bitcoin, down from an estimated 19,283,746,565,748,392,01 million last December.

SpaceX Bitcoin reserves drop to $545 million, pre-IPO accounting losses become investors' focus

SpaceX's Bitcoin reserve market value has decreased from $780 million in 2025 to $545 million currently, a loss of over $235 million in three months, with no buying or selling during this period. The company plans to submit an IPO application to the SEC in March, which will require the disclosure of its Bitcoin holdings for the first time, potentially impacting investor assessments. SpaceX's long-term holding of Bitcoin indicates that it views it as an asset reserve.

JPMorgan: Crypto Market Structure Bill Approved Mid-Year, Becomes a Catalyst for the Second Half

JPMorgan analysts predict that the U.S. CLARITY Act will be approved by mid-2026, serving as a catalyst for the cryptocurrency market. The bill will establish a comprehensive regulatory framework but faces obstacles related to stablecoin yields and conflicts of interest. If passed, it will promote dual-track regulation, support new projects, clarify institutional custody, and impact the market, while reaffirming a long-term target price for Bitcoin of $266,000.

Gate Daily (March 2): Trump campaign faces "insider trading" allegations over Iran airstrike; Vitalik explains Ethereum execution layer roadmap

Bitcoin (BTC) rebounded from weekend lows, trading around $66,700 on March 2. A mysterious account made precise bets on a U.S. airstrike against Iran, while the Trump camp faces allegations of "insider trading." Vitalik outlined Ethereum's execution layer roadmap, focusing on two major changes: state trees and virtual machines.

War-time Verification: Hyperliquid is the first choice for hedging during crises, with 24/7 trading being its biggest advantage

As the US-Iran conflict escalates, the crypto derivatives platform Hyperliquid has become a key venue for investors to hedge commodity risks. Traders are rushing into perpetual contracts for trading oil and gold to meet 24/7 trading demands, confirming its unique value when traditional markets are closed.