According to Fox News reporter Eleanor Terrett, Republican House Whip Tom Emmer and Congressman Ritchie Torres are teaming up to establish the Congressional Crypto Caucus, a bipartisan initiative aimed at promoting crypto-friendly policies in the House of Representatives. Unlike the Congressional Blockchain Caucus established in 2017, this group will operate more as a voting bloc to mobilize support for digital asset bills (including stablecoins and market structure bills) being developed in the House. Congressman Emmer stated that the formation of this caucus is in response to millions of American voters who voted in November to support candidates prioritizing the development of digital assets and blockchain technology.

The market shows BTC falling below $90,000, now trading at $89,995.77, with a 24-hour increase of 5.63%. The market is volatile, please manage risks carefully.

The market shows ETH has fallen below $2300, now trading at $2299.48, with a 24-hour increase of 4.62%. The market fluctuates greatly, please manage risks.

According to Fox News reporter Eleanor Terrett, the White House, Trump, and David Sacks will hold the first cryptocurrency summit on March 7. In addition, the CFTC will hold a CEO forum on March 6 to discuss how tokenized assets and stablecoins can serve as collateral in the futures market.

Dubai, UAE, March 3rd, 2025, ChainwireBybit, the world's second-largest cryptocurrency exchange based on trading volume, is introducing the Futures Bot Clash, a high-stakes competition combining strategy and automation. With a prize pool of up to 100,000 USDT, traders will compete using Bybit's powerful Futures trading bots to reach the top of the leaderboard. The competition, running from Feb. 28 to March 31, 2025, allows participants to test their bot strategies in a skillful and precise contest, divided into three Futures Bot Squads - Futures Combo, Futures Martingale, or Futures Grid. Traders can earn rewards by participating in squad leaderboards, individual leaderboards, and the Predict & Win segment, where lucky voters can share in a portion of the 5% Prediction Pool by correctly predicting the winning squad. The prize pool breakdown includes rewards for squad rankings, top traders by volume, and participants in the Predict & Win segment, with eligibility requirements for participants to meet a minimum Futures trading volume and account balance. Bybit's Futures Bot Clash offers a unique opportunity for automated trading enthusiasts to test their strategies in a competitive environment and potentially win a share of the 100,000 USDT prize pool. Bybit continues to innovate in the crypto trading landscape, providing users with cutting-edge tools to enhance their trading strategies and offering a competitive environment for traders and bots to excel.

Investment bank TD Cowen expressed caution about President Trump's "crypto strategic reserve" plan announced on Sunday, stating that the plan lacks coordination and does not specify the source of funds.

On March 3rd, Fox Business News reporter Eleanor Terrett posted on the X platform that Coinbase has submitted a Freedom of Information Act (FOIA) request to the U.S. Securities and Exchange Commission (SEC), seeking disclosure of the non-fraud investigation and enforcement actions taken by the SEC against the cryptocurrency industry during former chairman Gary Gensler's tenure.

According to monitoring, the whale trader who previously made a profit of $6.83 million by longing BTC and ETH with 50x leverage on the Hyperliquid platform, switched to shorting 20 minutes before the US stock market opened, opening a $13.45 million Bitcoin short position.

According to Lookonchain monitoring, a newly created wallet withdrew 900 BTC from Binance 30 minutes ago, worth 83.81 million US dollars.

According to ai_9684xtpa monitoring, a new address has opened a position of 6 million LAYER, approximately $5.74 million, and has now become the 6th largest address in terms of on-chain holdings.