Ethereum Gas Fee Continues to Drop, Now at 0.352 Gwei

On March 4th, South Korea’s KOSPI index plummeted 12% intraday amid escalating panic, with Bitget market data showing it was last trading at 5096.16 points.

**Ark Invest Adds to Coinbase, Robinhood Holdings Again Amid Market Volatility** Cathie Wood’s Ark Invest further expanded its crypto-related stock exposure Tuesday, boosting positions in Coinbase and Robinhood across its ETFs. Trading documents show Ark purchased 22,452 Coinbase shares via ARKK, ARKW, and ARKF—valued at roughly $4.09 million, based on Coinbase’s $182.36 closing price that day. It also added 158,587 Robinhood shares, worth ~$12.06 million at Robinhood’s $76.07 close Tuesday. U.S. stocks have faced pressure lately amid geopolitical uncertainties like the U.S.-Iran conflict. Coinbase dipped 1.55% and Robinhood fell 3.44% on Tuesday. Ark’s latest buys align with its long-term bullish stance on crypto platforms: since 2024, the firm has adjusted crypto holdings by adding Coinbase and Robinhood during pullbacks, plus acquiring shares of Circle and Bullish exchanges. Per Ark’s disclosures, as of March 3: - COIN (Coinbase) ranks 6th in ARKK, with a 4.21% weight

On March 4th, crypto market analysis firm Santiment took to social media to note that chatter around "Altseason" has cooled off sharply. That said, historical data indicates low market interest in altcoins often precedes a rebound. The firm shared a chart tracking weekly mentions of "Altseason" and their correlation with the price of DOGE—the meme coin acting as a bellwether for speculative assets. Typically, Altseason aligns with FOMO and greed around DOGE, other meme coins, and high-volatility small-to-mid-cap altcoins. Peak "Altseason" chatter often lines up with market tops, while fading interest in the topic typically signals large funds quietly accumulating positions. Santiment added that this isn’t a foolproof trading signal: altcoin market apathy doesn’t guarantee an imminent breakout. Still, the contrarian indicator has a strong historical track record worth noting.

On March 4, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that the address 0x7c7…1F7e6 accumulated $5.59 million worth of WBTC and ETH 10 hours earlier. During last night’s market rebound, the address bought 1,481.67 ETH in a single on-chain transaction (average price: $1,995) and 37.62 WBTC (average price: $67,604). The assets have since been transferred to address 0x0EA…34a54.

On March 4, CFTC Chair Mike Selig reiterated his call for quick passage of the CLARITY Act in a post on X. He noted President Trump’s stance in support of the bill is correct, and establishing a forward-looking digital asset market structure is critical. The CFTC is prepared to implement the legislation during Trump’s term, viewing it as a key pillar in securing U.S. leadership in global innovation. “Now is the time to act.” Selig also disclosed the CFTC will set clearer standards for self-certified prediction market types, and plans to soon release a high-level Advance Notice of Proposed Rulemaking (ANPRM) to lay groundwork for more comprehensive prediction market rules.

March 4th — Bloomberg reports that Applied Digital, a Bitcoin mining hosting and cloud services firm, has secured $2.15 billion in bond financing to construct its Polaris Forge 2 AI data center campus in Harwood, North Dakota. The facility has been leased to Oracle. Applied Digital previously noted the project is expected to generate roughly $5 billion in revenue over the roughly 15-year contract term.