Trump claims the "Genius Act" is under threat from banks, emphasizing the protection of the crypto industry

Indiana officially signs the Bitcoin Rights Act, making BTC an investment option for retirement funds

The Governor of Indiana signed HB 1042 into law, including Bitcoin as an option for public employee retirement plans, safeguarding citizens' rights to self-custody and mining. This move makes the state one of the crypto-friendly states. The bill prohibits discriminatory taxation on digital assets and requires public retirement plans to offer cryptocurrency investment options. Supported by both parties, the bill indicates that digital asset legislation is gradually becoming a consensus.

Bitcoin hits $66,000 and struggles to hold steady; three Federal Reserve officials warn: Iran war makes rate cuts even more distant

Bitcoin once dropped to $66,140 before rebounding to $68,549. The market remains highly uncertain due to the Iran war. Federal Reserve officials warn of increasing inflation risks and suggest potential impacts on future monetary policy. Additionally, rising oil prices have strengthened the dollar, suppressing gold prices and dampening investor confidence.

European Central Bank report warns: Widespread adoption of stablecoins threatens the monetary sovereignty of the Eurozone

The European Central Bank warns that the proliferation of stablecoins could threaten the monetary sovereignty of the Eurozone, especially when foreign currency stablecoins dominate the market, affecting financial stability and policy transmission effectiveness. Many European banks are developing euro stablecoins to address potential risks and enhance financial stability.

700% Surge: Crypto Outflows From Iran’s Largest Exchange Spike Minutes After US-Israeli Airstrikes

Crypto outflows from Iran’s largest exchange surged 700% within minutes of U.S.-Israeli airstrikes, according to Elliptic data, signaling possible capital flight as geopolitical tensions and sanctions pressure intensify across the region’s fragile financial system. Iran Sees Massive Surge in Cryp

Gate Daily (March 4): Trump accuses banks of blocking the GENIUS Act; Mizuho raises Circle's target price to $100

Bitcoin (BTC) is priced at approximately $68,040, failing to continue its rebound. Trump mentioned that stablecoin legislation faces banking threats and called for advancing related bills. Mizuho Securities raised Circle's target stock price to $100, maintaining a neutral rating. U.S. stocks closed lower amid volatility due to the Middle East conflict, with investors concerned about geopolitical uncertainties.

Why did Bitcoin drop today? Trump threatens to deploy ground troops, Iran conflict uncertainty prolongs

U.S. President Trump has shown a contradictory stance on military actions against Iran, making the market's assessment of conflict risk more difficult and leading to downside pressure on risk assets such as Bitcoin. Technical analysts warn that if Bitcoin cannot break through the key resistance level, it may fall below $60,000, triggering a chain of liquidations and further declines. Market uncertainty has increased, but analysts believe this is just a process of clearing out weak investors, and the bull market is not over.