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ChainCatcher news, according to market sources, the bitcoin network has seen its first block supporting the BIP-110 proposal, mined by the Ocean mining pool. The proposal aims to temporarily limit arbitrary non-financial data in blockchain transactions through a soft fork for about one year. Supporters believe this can curb "junk" data occupying block space, protect bitcoin's role as a robust monetary infrastructure, and reduce the burden on node operators. The proposal has sparked intense debate within the community.

Recently, investors have flocked to asset-heavy, capital-intensive enterprises that cannot be replaced by artificial intelligence.

BlockBeats news, on March 3, the situation in the Middle East sharply deteriorated as the US and Israel launched large-scale airstrikes against Iran. Iran confirmed that several senior officials, including the Supreme Leader, were killed in the attacks and launched counterattacks. On the first trading day after the US-Iran conflict, US stocks experienced panic selling at the opening but staged a deep V-shaped reversal, with the S&P and Nasdaq dropping more than 1% intraday before turning positive. According to Bitget data, at the close of US stocks on Monday, the S&P 500 index edged up, the Nasdaq rose 0.36%, and the Dow preliminarily closed down 0.15%. Analysts stated that the market has initially digested the selling pressure brought by the US-Iran conflict, believing that the current geopolitical risks remain financially manageable. QCP noted that the Middle East conflict has increased short-term volatility but does not affect the long term, and some traders are positioning for a rebound. Cryptocurrencies also rose in tandem. According to market data from a certain exchange, bitcoin once rebounded above $70,000 and is now quoted at $69,088, up 4.47% in 24 hours. Ethereum is currently quoted at $2,036, up 4.42% in 24 hours. Over the past 24 hours, total liquidations across the network reached $359 millions, with short positions accounting for $227 millions.