As of March 4th, Onchain Lens monitoring indicates that over the past 10 hours: - BlackRock’s ETF addresses withdrew 4,376 BTC (valued at $297.85 million) from Coinbase - Deposited 567 BTC ($38.05 million) and 7,553 ETH ($14.70 million) into Coinbase Net inflow totals 3,809 BTC ($259.79 million).

March 4 — Federal Reserve official Kashkari stated the Fed can afford patience amid the looming shadow of war. Should inflation cool, one or two additional rate cuts may be appropriate later this year. (Xinhua)

**March 4 Update** - Trump first vowed to "pay any price" on Iran, sending U.S. stocks sharply lower at the open—Dow Jones once fell nearly 1,300 points. He later announced insurance and escort for oil tankers transiting the Strait of Hormuz, triggering sharp retreats from highs in crude, the U.S. dollar, and U.S. bond yields. Stock losses narrowed, but the Nasdaq still closed down more than 1%. - Iran continues monitoring the Strait of Hormuz: Islamic Revolutionary Guard Corps Navy Deputy Mohammad Akbarzadeh said the strait is fully under Iranian control, with over 10 oil tankers hit by shells there. The "Iran closes Hormuz" probability on Polymarket remains high. - Trump announced a trade embargo on Spain for refusing U.S. support, reigniting market concerns over trade uncertainty. - Iran has selected a successor to Khamenei: Three Iranian officials told *The New York Times* Khamenei’s son Mojtaba is the leading candidate. The Iranian Experts Assembly may announce him as s

March 4 — The New York Times reported Wednesday that Mojtaba Khamenei, son of Ayatollah Khamenei, has emerged as the leading candidate to succeed Iran’s Supreme Leader, per three Iranian officials familiar with the discussions. Those officials added the Iranian Assembly of Experts is weighing an announcement naming Mojtaba as the successor Wednesday morning, but some have raised concerns the move could make him a target for U.S. and Israeli attacks.

On Wednesday, March 4, Bitget market data shows South Korea’s KOSPI index opened 280.62 points lower, down 4.85%, at 5,511.29 points.

Iran’s Fars News Agency reported on March 3 that Mohammad Akbarzadeh, deputy commander of Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy, stated the Strait of Hormuz is fully under Iranian naval control, with more than 10 oil tankers having been shelled in the waterway. Akbarzadeh noted the IRGC Navy has repeatedly warned the strait is in a war state, where any vessel could be targeted by shelling or drones. Despite these warnings, over 10 oil tankers have been hit and destroyed, he added. He emphasized that since Iran announced the closure of the Strait of Hormuz, oil tankers, merchant ships, and fishing vessels are no longer permitted to transit the strait. (Xinhua News Agency)