Trump: 9 Iranian Military Vessels Destroyed and Sunk, Iran's Naval Headquarters Largely Destroyed

On March 2, per The New York Times, former President Trump said in an interview the U.S. military could sustain attacks on Iran for four to five weeks if needed, noting Israel and the U.S. would have “no difficulty” keeping the conflict’s intensity. He also warned U.S. troops could face additional casualties. When asked about a power transition plan, Trump said he hoped Iran’s elite forces—including senior Islamic Revolutionary Guard Corps (IRGC) officers, who hold major sway in the current regime and benefit from it—would turn over their weapons to the Iranian people. During a roughly six-minute chat, he also noted he has three “very good” candidates to lead Iran but declined to name them. He repeatedly cited his Venezuela experience, suggesting he thinks tactics that worked there could work for Iran. He also said he’d lift U.S. sanctions on Iran if new Iranian leadership acts pragmatically and cooperatively. However, he did not detail how— or whether— his administration would d

March 2 — SpaceX is set to file a confidential IPO application with the U.S. SEC as early as this March, targeting a public listing in June. The company’s valuation is expected to exceed $1.75 trillion, with a maximum fundraising target of up to $50 billion—potentially breaking Saudi Aramco’s 2019 IPO record of $29 billion. On-chain data shows SpaceX currently holds approximately 8,285 Bitcoin via Coinbase Prime, with a current market value of around $545 million. That’s down roughly $235 million from its book value three months ago, when Bitcoin traded at ~$92,500 and the holdings were worth ~$780 million. If listed successfully, SpaceX will disclose Bitcoin-related gains or losses in its S-1 filing and subsequent financial reports, facing similar crypto volatility and public scrutiny as Tesla. Historical data indicates SpaceX’s Bitcoin holdings have dropped sharply since nearing a $2 billion market value in 2021. Over the past two years, their value has fluctuated between ~$

On March 2nd, Arthur Hayes published his latest article, “iOS Warfare,” which leverages the U.S.’s escalating military actions against Iran to analyze the potential interplay between war, Federal Reserve policy, and the crypto market. Hayes notes that since the 1990 Gulf War and 2001 “War on Terror,” the Federal Reserve has typically responded in the aftermath of U.S. military launches or escalations in the Middle East by cutting interest rates or injecting liquidity to offset economic impacts. He argues that continued escalation of the Iran issue by the Trump administration could create fiscal pressure and financial market volatility—providing “political cover” for the Fed to further cut rates or restart easing policies. Hayes frames his logic simply: longer wars bring higher costs, increasing the likelihood of Fed monetary policy loosening. Cheaper, more abundant dollar liquidity typically benefits risk assets—including Bitcoin. For trading strategies, Hayes advises investor

On March 2, a day later, Musk again retweeted X product manager Nikita Bier’s related post, which noted X’s usage had hit a new all-time high. BlockBeats reported yesterday that Musk quoted Bier’s tweet—where she stated “Today is X’s highest-traffic day in history”—to declare, “X has the highest usage ever.”

**March 2 (Monday) Open Brief** U.S. stock index futures are trending lower broadly, while crude oil and gold prices have risen—though no panic has materialized yet. Institutional analyst Mark Kudmore noted most non-energy commodities have seen minimal moves, with nearly all pulling back from opening extremes. Crude’s gain has narrowed from over 13% at the open to 8%, with profit-taking starting to kick in. Gold and silver are both up more than 1%, but the rise looks moderate given recent market volatility. *Bottom line*: It’s too early to call a trend, but there’s no current panic. **Caution**：Don’t mistake this for a reliable guide for today’s full session. As Asian spot markets come online one by one, broader selling pressure could emerge—especially if “memory trades” (which have lifted South Korea’s KOSPI 50% YTD) hit snags. (Source: FX678)

On March 2, Onchain Lens data shows a whale address sold 1,000 ETH for roughly $1.94 million, swapping the proceeds for 358.49 XAUT at an average price of $5,413 per token—incurring a loss of over $60,000 on the trade. Over the past two years, the address has cumulatively purchased 1,645 ETH for $3.26 million and still holds 645 ETH (valued at approximately $1.25 million). Address: 0x744b0b1c4132d79ec106cb62c630d961c4a0d849