Overview of important developments overnight on March 1st
1. Tether Treasury destroys 2 billion USDT;
2. The U.S. SEC delays approval of Fidelity's Ethereum ETF spot options;
3. U.S. Treasury Secretary Bessent: We may soon be able to return to the inflation target;
4. Half of the states in the United States have officially launched the "Strategic Bitcoin Reserve" bill;
5. The U.S SEC cryptocurrency working group plans to hold a roundtable meeting with industry participants;
6. BlackRock's Bitcoin and Ethereum holdings are worth approximately $50 billion in total value;
7.US Federal Reserve Goolsbee: Satisfied with the Fed's path towards achieving a 2% inflation target.
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The Dow Jones Index closed up by 497.58 points, with both the S&P 500 and Nasdaq also rising.
The US Dollar Index fell 0.43% on the 10th.
The U.S. budget deficit for November was $173 billion.