News

Odaily reported that a certain South Korean listed company exchange has increased its holdings by 35 bitcoins, bringing its total holdings to 300 bitcoins. It currently ranks 77th in the BTC holdings leaderboard. (BitcoinTreasuries.NET)

⑴ On Monday, several banks urgently issued risk prevention warnings regarding the precious metals market, advising investors to participate in trading rationally. Industrial and Commercial Bank of China stated that, given the recent escalation of international geopolitical risks and significant increases in price volatility in the precious metals market, investors are advised to closely monitor market changes, strengthen risk prevention, participate rationally in trading, and safeguard asset security. ⑵ Postal Savings Bank of China also issued a warning on the same day, noting that recent price fluctuations in domestic and international precious metals markets have been intense, with a significant increase in uncertainties. In its announcement, the bank reminded clients of its gold accumulation and physical precious metals businesses to invest rationally, allocate assets reasonably, avoid chasing gains or panic selling, closely monitor changes in precious metals prices, and control the scale of their positions, all based on prudent assessment of their financial situation and risk tolerance. ⑶ China Everbright Bank also reminded investors to pay attention to market changes, enhance risk prevention awareness in precious metals business, reasonably control their positions, promptly monitor changes in their holdings and margin balances, invest rationally, and safeguard their own property security.

格隆汇 March 2｜A certain exchange fell 2.6% pre-market to $392. In terms of news, the Norwegian Road Federation (OFV) reported that the registration volume of a certain exchange in Norway in February dropped 88% year-on-year; in France, new car registrations in February fell 14.70% year-on-year to 120,764 units. Some analysts pointed out that these latest data constitute significant short-term bearish factors for the exchange and reinforce market concerns about its slowing mid-term growth. This is not just an isolated incident in two countries, but reveals the crisis the exchange is facing in the European and even global markets. (格隆汇)