AiCoin Daily Report (March 05)

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4 hours ago

1. Federal Reserve Governor Milan Suggests Continuing Rate Cuts in March

Federal Reserve Governor Milan stated that it is appropriate to continue cutting rates at the March meeting, and the outlook has not changed due to the outbreak of the conflict in Iran. He hopes to cut rates by 0.25 percentage points each time until the Federal Reserve rate reaches a neutral level and will reassess afterward.   -Original

2. Analysts Say Bitcoin May Hit $80,000 Target

On March 4, Cointelegraph reported that Bitcoin rose 5.21% to about $71,900 on Wednesday, breaking above the previous "bearish flag" upper trend line with increased trading volume. Analysts believe that $80,000 may become the target for this rebound. The Chicago Mercantile Exchange has not filled the gap located between $79,660 and $81,210. Since August 2025, 9 out of 10 gaps have been filled, and traders typically view this range as a high-priority target. If Bitcoin does not encounter significant selling pressure near $74,000 in the short term, the probability of it hitting $80,000 increases. Currently, the probability of Bitcoin breaking $80,000 in March on the prediction market Polymarket has risen to 40%.   -Original

3. U.S. Military Sinks Over 20 Iranian Vessels

The U.S. Central Command stated that the U.S. military has struck or sunk more than 20 vessels of the Iranian regime.   -Original

4. White House Nominates Kevin Warsh as Federal Reserve Chair

The White House has submitted the nomination of Kevin Warsh to the Senate to serve as Federal Reserve Chair.   -Original

5. BlackRock Withdraws 3,809 BTC Deposits 19,637 ETH

According to monitoring by The Data Nerd, BlackRock withdrew 3,809 BTC (approximately $259.8 million) from Coinbase in the past 24 hours while depositing 19,637 ETH (approximately $39.74 million).   -Original

6. CFTC Chair Says Perpetual Contracts Will Enter U.S. Market

The CFTC Chair stated that perpetual contracts will enter the U.S. market next month while Bitcoin prices reach $71,400.   -Original

7. ETH Short Whale Liquidates Losses Exceeding $1.5 Million

On March 4, monitoring from Hyperliquid showed that due to a temporary increase of over 5% in ETH price, the whale position of address 0xa5e4... on Hyperliquid was liquidated in a chain reaction, leaving an account balance that once dropped to only $170,000, with all remaining funds now withdrawn from trading. The liquidation resulted in accumulated losses exceeding $1.5 million, with a liquidation scale close to $30 million. This address had transferred approximately $1.7 million in capital to Hyperliquid 18 hours prior, opening an ETH short position at an average price of $1,940, reaching a peak position size of $31 million.   -Original

 

The above is a selection of hot topics in the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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