Trade War Shakes Institutions' Hawkish View on the Fed, Rate Cut This Year No Longer Out of the Question

March 5th. As per Cointelegraph, President Alexander Lukashenko of Belarus has tasked the newly appointed Minister of Energy with the development of the country's cryptocurrency mining industry in order to make the most of the excess electricity resources. This decision comes as Lukashenko forms a new government, with a particular focus on the immediate priority of upgrading the national 5700 km grid to fulfill the increasing electricity requirements of households and economic activities.

On March 5th, as reported by Bloomberg, the Bitcoin infrastructure provider Blockstream has obtained billions of dollars in investment and is scheduled to launch three funds on April 1st. Among them, two funds will center around cryptocurrency lending, such as Bitcoin-backed loans and USD-backed cryptocurrency lending. Meanwhile, the third fund will adopt a hedge fund strategy.

On March 5th, based on HTX market data, Bitcoin has experienced a rebound and exceeded $86,000. The 24-hour decline has been narrowed to 3.85%.

March 5th. As per the Financial Times, the UK government has asked Apple (AAPL.O) to establish a "backdoor" within its most secure cloud storage system, iCloud. In reply, Apple is escalating its battle against the UK government by filing a legal appeal in an effort to set aside this order. According to those with knowledge of the matter, Apple has appealed to the Investigatory Powers Tribunal, an independent judicial entity responsible for examining complaints against the UK security services. The tribunal will assess whether the notice issued to Apple by the UK is legal, and if found to be unlawful, it may direct the notice to be annulled. This case is anticipated to reach the court as early as this month. The government may impose restrictions on the case by citing national security. The UK government deems it crucial to break through encryption barriers in systems such as information and backups in order to safeguard the public from terrorism threats and to investigate child sexua

On March 5th, President Trump of the United States responded to Canada's retaliatory tariffs on social media, indicating that once Canada imposes retaliatory tariffs on the United States, our reciprocal tariffs will immediately rise by an equal amount. (Financial Times)

On March 5th, according to HTX market data, Bitcoin saw a rebound and exceeded $85,000. The 24-hour decline was narrowed to 6.01%.