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「Mini Non-Farm Payrolls Report」 came in slightly above expectations, and the market continues to expect the Fed to stay put in March.

2 hours ago

March 4th – The ADP National Employment Report released Wednesday showed U.S. private-sector job gains beat expectations in February, though January’s data was sharply downwardly revised. Private payrolls rose by 63,000 last month, while January’s figure was cut from a previously reported 22,000 increase to 11,000. The data suggests the labor market has stabilized despite uncertainty tied to last year’s import tariffs. Labor market stability and persistent high inflation are seen as factors pushing the Federal Reserve to hold interest rates steady this month. Additionally, the U.S.-Iran aerial clash and Tehran’s retaliatory measures have driven up oil and gas prices, prompting traders to downgrade their expectations for rate cuts this year amid concerns the conflict could stoke inflation. The probability of a June rate cut has fallen sharply. The Fed held its benchmark overnight rate in the 3.50%-3.75% range in January. (FXStreet)
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Binance.US Lists NPC

On March 4, Binance.US announced the listing of NPC and the launch of the NPC/USDT trading pair.

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US Stock Market Open: Cryptocurrency-related Stocks Surge, COIN Up Over 12%

On March 4th, Bitget data showed U.S. equities opened higher: the Dow Jones Industrial Average rose 0.13%, the S&P 500 0.33%, and the Nasdaq Composite 0.81%. Cryptocurrency-related stocks were broadly up, with COIN climbing 12.51%, GEMI 11.38%, ABTC 10.68%, MSTR 8.23%, HOOD 8.19%, CRCL 6.45%, and BMNR 6.67%.

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CZ on Predict.fun's Acquisition of Probable: Excited to see two strong projects joining forces

On March 4, Binance founder CZ took to social media to comment on Predict.fun’s announcement of its strategic acquisition of Probable, saying: “Congratulations—great to see two strong projects joining forces.” BlockBeats previously reported that Predict.fun, a prediction market platform, announced today its strategic acquisition of Probable, with the exact amount not yet disclosed. Probable is an on-chain prediction platform originally incubated by PancakeSwap and YZi Labs. Since its launch in December 2023, Predict.fun has processed a cumulative $15 billion in transaction volume from over 120,000 users and recorded more than 3.3 million transactions. This acquisition will further advance Predict.fun toward its goal of becoming the world’s most capital-efficient prediction market by strengthening its underlying tech architecture, speeding up market structure optimization, boosting execution efficiency, and improving capital utilization. *(Note: The original “2025” launch date

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Binance Alpha Adds Support for 10 Ondo Tokenized Securities, Including HOODon and COINon

On March 4, Binance Alpha added 10 Ondo tokenized stocks—HOODon, COINon, ORCLon, SLVon, INTCon, PLTRon, MUon, MSTRon, BABAon, and IAUon—per official sources. The platform now lists 20 total Ondo tokenized stocks, with more additions planned down the line.

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Coinbase Announces Official Launch of Stock Trading Feature

On March 4, Coinbase announced the official launch of its stock trading feature. The company noted that stock securities are provided by Coinbase Capital Markets, while its digital asset business is offered by Coinbase Inc. and its affiliates. Eligible stocks will support extended trading hours—24 hours a day, five days a week.

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In the past 24 hours, the total liquidation across the network was $473 million, primarily from short positions

On March 4, Coinglass data shows $4.73 billion in forced liquidations across the entire crypto network over the past 24 hours. Long position liquidations totaled $1.33 billion, while short position liquidations hit $3.4 billion. Globally, 123,433 traders faced forced liquidations in the same timeframe. The largest individual liquidation was on Hyperliquid for BTC-USD, amounting to $8.1837 million.

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