China will impose tariffs on some imported goods from the United States.

On March 4th, the economists at the German bank, Bernd Weidensteiner and Christoph Balz, stated that President Trump's tariff measures might not only drive up U.S. inflation but also increasingly pose a risk to economic growth. In a report, the economists stated that consumer confidence has been under pressure recently, and the latest tariff measures are unlikely to bring much relief. Indicators such as the price component of the Purchasing Managers' Index show a significant rise in commodity prices once again. In 2024, Mexico and Canada accounted for 28% of U.S. goods imports, and China accounted for 13.4%. This means that 41.5% of U.S. imports are significantly affected by the tariff increase. They further added: "This will have an impact on prices." (Golden Finance)

On March 4th, Ki Young Ju, the CEO of CryptoQuant, posted and stated, "Before the sentiment in the U.S. market shows an improvement, the crypto market may continue to be sluggish. There is no notable change in on-chain activity. Key indicators remain in a neutral state, and the bull market cycle is still in progress. The fundamentals remain strong, with an increasing number of mining machines coming online. If this cycle were to end here, it would be an outcome that no one desires - not only whales, mining companies, the traditional financial industry, but also Trump."

On March 4th, Tomasz K. Stańczak, the newly appointed Co-Executive Director of the Ethereum Foundation, presented research on Stateless Ethereum during the X event. This research is part of the new developments at the Ethereum Foundation (EF). While some aspects may not ultimately be implemented, certain projects have a high possibility of being implemented. "Stateless Ethereum" proposes a novel approach to handling the "state" data in the Ethereum network. State typically refers to a snapshot of all account balances, smart contract states, and other relevant data on the Ethereum blockchain. Due to the widespread use and increasing transaction volume of Ethereum, state data is expanding rapidly, posing challenges for full nodes in the network. The goal of Stateless Ethereum is to reduce the burden on full nodes in storing and processing state data, making the network more scalable and decentralized. By introducing the concept of "statelessness," nodes can validate transactions and blo

On March 4th, as per Cointelegraph, the New York Stock Exchange-listed car trading service provider Cango augmented its holdings by 472 bitcoins, raising its total holdings to 1,944 bitcoins. Previously, BlockBeats reported that the car trading service provider Cango entered the Bitcoin mining domain in November 2024, investing $400 million to acquire 50 EH/s of hash rate and promptly becoming one of the largest miners in the world, accounting for approximately 6% of the hash rate behind Bitcoin. For reference, the world's largest publicly traded miner MARA Holdings (MARA) has a slightly over 47 EH/s hash rate, with the second-largest CleanSpark (CLSK) and Riot Platforms (RIOT) having 32 EH/s and 26 EH/s respectively.

On March 4th, based on the official personnel data of Deribit: The largest ETH block trade option transaction today. A certain user purchased the end-of-May $2400 put option and sold the end-of-May $2800 call option, with a total of 9750 ETH, and paid a premium of $1.326 million. It is indicated that the user is bearish on Ethereum. Currently, the ETH price is hovering around 2000. The DVOL volatility index is now at 78.23, and the ETH/BTC exchange rate has reached 0.0244.

On March 4th, with the latest tariff threat from Trump hanging in the air, the U.S. stock market is facing a potentially vulnerable time. The S&P 500 index has dropped by about 5% from its historical closing high on February 19th. A series of weak U.S. economic reports have given rise to concerns about economic growth, and the tariffs have further clouded the market outlook. Analysts generally believe that imposing tariffs on imported goods may aggravate inflation and reduce corporate profits. Chuck Carlson, the CEO of Horizon Investment Services, said, "At present, the market still views tariffs more as a negotiating tool rather than a long-term strategy. If this situation begins to change, I think it will have a negative impact on the stock market." (FX168)