Fed Governor Notes Fading Crypto Euphoria; Chinese Exchanges Tighten Rules; Senators Query UAE Stake in WLFI

Gate CBO Kevin Lee: Oil prices move first, inflation follows, and the central bank's path is the ultimate variable

Kevin Lee analyzes the impact of geopolitical conflicts on the market in the article, emphasizing that conflicts do not change the fundamental logic of the market; the key lies in their impact on inflation and central bank policies. In the short term, oil and gold experience significant fluctuations, but if energy supplies remain stable, the market will gradually recover. In the long run, inflation data and policy expectations are more important, and emotional decision-making incurs high costs. Understanding market patterns is crucial for managing volatility.

European Central Bank: Growth of stablecoins will weaken banks' lending capacity and the effectiveness of monetary policy transmission

The latest research from the European Central Bank shows that the growth in stablecoin usage is weakening the impact of monetary policy on bank lending, leading to a decrease in bank deposits and a decline in corporate loans. This makes banks more reliant on higher-cost market financing. The extent of stablecoin's impact depends on its adoption scale and regulatory approach, especially for stablecoins denominated in foreign currencies.

Wintermute: Despite a brief rebound on Monday, the market remains fragile. Caution is advised.

Wintermute stated that Iran's geopolitical conflicts are causing volatility in risk assets, leaving the cryptocurrency market fragile. After a brief rebound, it remains under pressure. Despite ETF inflows, institutional participation is noticeably insufficient, and the bear market trend for altcoins continues. Investors are advised to remain cautious and monitor the developments of the conflict and their impact on energy costs and interest rate expectations.

Bank of Japan tests central bank digital currency blockchain settlement

PANews March 3 News, according to Solid Intel, the Bank of Japan will test the settlement of central bank funds on the blockchain between financial institutions.

JPMorgan Highlights Potential Digital Asset Rally Under Clarity Act

JPMorgan sees the Clarity Act as a significant opportunity for digital assets, predicting increased institutional investment and market stabilization if clearer regulations are established, particularly by the end of 2026.

New York Investment Maintains Federal Reserve Rate Cut Expectations, Oil Prices Surge Short-Term Difficulty in Shaking Policy Path

ChainCatcher reports that, according to Jinshi, Saira Malik, an investment analyst at New York-based firm Nuven, stated in a research report that the widespread impact of the US and Israel's attacks on Iran remains to be seen. She believes that global markets may experience more volatility, and the far-reaching effects will become clearer over time. While the surge in oil prices could push inflation higher, Malik expects this will not affect the Federal Reserve's policy in the short term. She maintains her forecast of two interest rate cuts by the Fed this year and believes that the 10-year US Treasury yield will fluctuate around 4%.