Iran Identifies Supreme Leader Candidate

On March 4, Tom Lee—Chairman of BitMine, the firm focused on Ethereum treasury management—told CNBC in an interview: “Nobody wants to see the U.S. get pulled into a conflict. But it’s worth noting the market has been far more resilient than expected. I don’t think anyone can say we’ve hit bottom right now, but it looks like we’re building a base—bad news keeps rolling in, yet the market’s absorbing it and holding steady. Most importantly, positions have been heavily reset.” “Looking back to last April, a simple signal was the VIX spiking above 40. It hit 80 last year, but this time it might not need to go that high. Another tell: if more panic-inducing news hits, gold keeps falling—but stocks rally that same day—it means the market’s already cleared out. I think we’re close to that point.” “We see March as a bottom-forming period. The selloff in software, the Magnificent 7, and crypto assets is about 90% done. They’re outperforming the market, which signals leadership. Even if

**Perp DEX Trading Volume Update (March 4th, DefiLlama Data)** Data from DefiLlama shows a sharp surge in trading activity on Hyperliquid—one of the top perpetual futures DEXs (Perp DEXs). Over the past 24 hours, its trading volume hit nearly $9.6 billion, marking a 37% week-over-week increase, while open interest failed to rise correspondingly. Other mainstream Perp DEXs saw minor fluctuations, with some reporting slight volume declines. Below is the latest 24-hour trading volume ranking: - **Hyperliquid**: ~$9.63B trading volume; ~$4.32B TVL; ~$5.62B open interest - **Aster**: ~$2.71B trading volume; ~$1.01B TVL; ~$1.81B open interest - **Lighter**: ~$2.35B trading volume; ~$850M TVL; ~$666M open interest - **EdgeX**: ~$1.91B trading volume; ~$179M TVL; ~$1.01B open interest - **Grvt**: ~$1.68B trading volume; ~$93.98M TVL; ~$431M open interest - **Pacifica**: ~$371M trading volume; ~$36.09M TVL; ~$66.64M open interest *Note: Links to platforms (per original co

**U.S. February ADP Employment Report Release Alert** The U.S. February ADP Employment Report is set to be released tonight at 21:15 UTC+8 (March 4). Below are the forecasts for the so-called "mini nonfarm payrolls" data from 12 institutions: - Natixis: +40,000 - Deutsche Bank: +50,000 - Goldman Sachs: +50,000 - HSBC: +50,000 - Standard Chartered: +50,000 - BNP Paribas: +52,000 - Rabobank: +55,000 - Pantheon Macroeconomics: +60,000 - SMBC Nikko Securities: +65,000 - Lloyds Bank: +70,000 - Bank of America: +75,000 - Reuters Poll: +50,000 (Source: FXStreet)

Per The New York Times, on March 4, an official with knowledge of Iran’s communications with the CIA stated that Iranian operatives had laid out conditions for talks to end the war.

On March 4th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that the average cost of an ETH transaction has dropped to just $1.33. An OG whale that had been inactive for six months has reactivated: an hour ago, it transferred 1,501 ETH (worth $3.05 million) to a new address, with no further moves or sales reported yet. The whale still holds 23,941 ETH on-chain, totaling an unrealized gain of $49.59 million.

March 4th: Bitget market data shows crypto-related U.S. stocks are trading higher in pre-market session, with the following moves: - MicroStrategy (MSTR) up 7.68% to $143; - Coinbase (COIN) up 6.43% to $194.09; - Sports Betting Tech (SBET) up 4.96% to $7.62; - BMNR up 6.69% to $20.88; - Circle (CRCL) up 5.77% to $105.38.