News

Arizona is advancing legislation to establish a state-level digital asset reserve fund using confiscated cryptocurrencies. Arizona Senate Bill 1649 (AZ SB1649) allows the state treasurer to hold, invest, or lend BTC, XRP, and other assets that exist solely in digital form and can confer economic rights, ownership, or access.

Golden Ten Data reported on March 4 that overall inflation in South Korea may remain close to the central bank's 2% target level in February. The median forecast from a survey of 13 economists by The Wall Street Journal shows that the core consumer price index rose 2.1% year-on-year, compared to a 2.0% increase in January. The survey indicates that CPI is expected to rise 0.4% month-on-month in February, consistent with the growth rate in January. Citi economist Jin-Wook Kim said: "Prices for energy and other industrial products, including processed foods, may decline compared to last month, which could offset inflationary pressure from agricultural products. On the other hand, due to seasonal factors related to the New Year and the start of a new year, prices for a wide range of personal services may increase."

BlockBeats News, March 4th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the address 0x7c7…1F7e6 accumulated $5.59 million worth of WBTC and ETH 10 hours ago. During last night's market rebound, the address bought 1,481.67 ETH in a single on-chain transaction at an average price of $1995 and purchased 37.62 WBTC at an average price of $67,604, which has now been transferred to the address 0x0EA…34a54.