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Bitcoin retreated due to the US PPI exceeding expectations and Nvidia's stock price declining, falling to $65,735, a weekly decrease of 2.8%. Altcoins such as Solana and Ethereum experienced even larger drops. Despite strong Bitcoin ETF fund inflows, the overall market remains under pressure, with attention on price range support and the potential for a future rebound.

PANews February 28 News: The current stablecoin holdings on the Polygon network have reached approximately $3.28 billion, setting a new record high.

In February, crypto startups received approximately $883 million in venture capital, down about 13% compared to the same period last year. Investors are now more focused on project revenue, user scale, and sustainability, with investment strategies becoming more cautious. Future attention will be on stablecoins, AI agents, and compliance tools.

The Japanese Financial Services Agency announced that it will support a pilot program for anti-money laundering in cryptocurrency assets, involving 13 companies including Hitachi and GMO Coin. The experiment will be conducted in 2026 to verify the effectiveness of sharing suspicious wallet address information.

Dydo Limited has decided to purchase Bitcoin worth 1 billion yen to hedge against inflation and the depreciation of the yen, as well as to diversify its asset portfolio and improve capital efficiency.

The Hong Kong Institute of Certified Public Accountants submitted the financial budget to the Legislative Council, proposing a 3.5% salary increase and the creation of 15 new positions to support regulatory work in emerging fields such as AI and virtual assets. Meanwhile, the report pointed out that virtual asset trading firms will be a focus of investigation, and auditors face multiple challenges, including verifying asset existence and valuation complexities.

ChainCatcher reports, according to Trader T monitoring, that Ethereum spot ETF experienced a net outflow of $43.6 million, with BlackRock's ETHA product alone seeing a single-day net outflow of $43.6 million, while other major ETF products such as Fidelity, Bitwise, 21Shares, Invesco, Franklin, VanEck, and

Web3 Asset Data Platform RootData officially launches the project onboarding feature. Project teams can apply for free and edit information in the management backend, promptly updating tokenomics, team members, and other details. Materials must be provided for data team review.

Gate News bot message, a whale known as "255 $BTC sold to Short" has opened a new $BTC short position with 40x leverage, using 521.69 $BTC worth $34.3M. The whale continues to hold its $DASH short position with 5x leverage, currently showing $4M profit. However, the whale's overall position remains

YZi Labs issued a statement stating that 10X Capital may hold more than 5% of the company's shares by the end of 2025, but has not yet submitted the relevant documents required by the SEC. The company calls for clarification of the shareholding situation to comply with the disclosure requirements of the Securities Exchange Act.

CZ stated on social media that The New York Times did not authorize the reporting of early drafts of his personal memoir "Freedom of Money," and these contents are not included in the final manuscript. His lawyer pointed out that readers should wait until the official publication of the new book to read the complete version. The book is still in editing, and the official release date is to be determined.

ChainCatcher reports that, according to Artemis data, in the current market environment of widespread pressure, Hyperliquid Strategies ($PURR) is the only DAT to record a book profit, with unrealized gains of $356 million. All other similar products are in a loss.

PANews February 28 News, today’s domestic gold jewelry prices show that most jewelry stores have gold prices surpassing 1600 yuan/gram, an increase of about 32 yuan/gram compared to yesterday. The highest price reached 1608 yuan/gram.

Gate News Bot Message, February 28th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.17, up 2.82% in the past 24 hours, reaching a high of $0.17 and a low of $0.16. The 24-hour trading volume is $150 million. The current market capitalization is approximately $1.617 billion, an increase of $44.3 million from yesterday.
Pi Network is a groundbreaking mobile cryptocurrency mining platform that allows users to mine easily through a mobile app without consuming大量电力. The project uses innovative technology to achieve truly decentralized, secure, and tamper-proof digital currency. Pi emphasizes user-friendliness and sustainability, aiming to solve the high energy consumption issues of traditional cryptocurrency mining and enable more ordinary users to participate in the crypto ecosystem.

Argentine cryptocurrency exchange Lemon reports that by 2025, Latin America's monthly active users will grow three times faster than in the United States, with digital asset reception exceeding $730 billion. Brazil leads the region, and Argentina has the highest proportion of active users per capita. High-inflation economies view crypto assets as a store of value, with stablecoins driving rapid regional development.

Gate DEX Contract will run the "Open Position Incentive Season" from February 27 to March 13, with a total prize pool of 20,000 USDT. The event features new user first-order rewards, trading volume milestone rewards, and an open position trading leaderboard, aiming to boost market activity and encourage user trading. New users can receive a 10 USDT reward, those who reach trading volume milestones can earn up to 500 USDT, and top leaderboard performers can receive 600 USDT. Rewards can be stacked and claimed together.

ChainCatcher reports, according to Jin10 Data, sources say that NVIDIA is preparing to launch a dedicated chip to shake up the competitive landscape in artificial intelligence computing. OpenAI is about to become one of NVIDIA's largest customers for the new processor.

Uniswap token holders will vote this Thursday to decide whether to activate the protocol fee switch, covering multiple Layer 2 blockchains. Once activated, one-sixth of the fees collected by liquidity providers will be used to burn UNI tokens, potentially doubling the returns. The fee switch was first implemented on Ethereum last year, generating a total of $3.3 million in revenue, with Base becoming the largest fee-generating chain. Following the proposal, the UNI price has increased by 9%. The voting will end on March 4th.

Gate News Bot Message, February 28 — According to CoinMarketCap data, at the time of press, GWEI (ETHGas) is priced at $0.05, up 34.66% in the past 24 hours. It reached a high of $0.05 and fell back to a low of $0.03. The current market cap is approximately $83.2 million, an increase of $21.4 million from yesterday.
ETHGas is a platform aimed at transforming Ethereum block space into tradable commodities by breaking down block space into atomic components, supporting instant settlement and Ethereum’s largest gas rebate program. Its mission is to develop Ethereum into a real-time network, eliminate gas fees, promote institutional adoption, and enable on-chain applications for the next billion users. The platform facilitates a block space trading marketplace, allowing participants to directly purchase block space and pre-confirmations from validators, gaining serialized rights to ensure