ON (Orochi Network) increased by 20.08% in the last 24 hours

RIVER (River) increased by 22.29% in the past 24 hours

Gate News Bot Message, March 4th, according to CoinMarketCap data, as of press time, RIVER (River) is currently trading at $18.22, up 22.29% in the past 24 hours, with a high of $19.32 and a low of $8.57. The 24-hour trading volume reached $53.2 million. The current market capitalization is approximately $357 million, an increase of $65.1 million from yesterday. ## Important recent news about RIVER: 1️⃣ **Multiple strategic financings boost market confidence** River has recently received strategic support from several well-known investment institutions. Tron DAO Ventures injected $8 million to expand Chain Abstraction infrastructure, and Maelstrom Fund (founded by Arthur Hayes) also made

CFTC Chair: Cryptocurrency perpetual futures to be launched "within a month," countdown to U.S. liquidity return

Chairman Michael Selig of the U.S. Commodity Futures Trading Commission (CFTC) stated that the CFTC plans to launch cryptocurrency perpetual futures within the next month to attract liquidity back to the U.S. market. He emphasized that the lack of legislative certainty limits the actions of regulatory agencies and pointed out that progress on the Market Structure Bill remains behind schedule. Additionally, Selig is currently the only CFTC commissioner confirmed by the Senate, highlighting the challenges in advancing policy.

Why did Bitcoin drop today? Trump threatens to deploy ground troops, Iran conflict uncertainty prolongs

U.S. President Trump has shown a contradictory stance on military actions against Iran, making the market's assessment of conflict risk more difficult and leading to downside pressure on risk assets such as Bitcoin. Technical analysts warn that if Bitcoin cannot break through the key resistance level, it may fall below $60,000, triggering a chain of liquidations and further declines. Market uncertainty has increased, but analysts believe this is just a process of clearing out weak investors, and the bull market is not over.

Japanese Prime Minister Fumio Kishida clarifies no relation to the same-named meme coin, causing the token to plummet over 85%

Japanese Prime Minister Sanae Takaichi clarified that she has no knowledge of the cryptocurrency called SANAE TOKEN and has not approved this project, aiming to clear up public misunderstandings. The token was issued by entrepreneur Mizoguchi Yūji and experienced a brief surge before rapidly falling after a statement.

Analyst raises Circle's target price, oil price increase and interest rate expectations benefit stablecoin business

Affected by rising oil prices and changing interest rate expectations, Circle Internet Group's target price has been raised to $100, with the stock price increasing nearly 8% to $103.71. Analysts note that changes in interest rates could have a greater impact on valuation. Although revenue expectations have been slightly raised, a clearer regulatory framework may intensify competition, putting long-term profit margins under pressure.

Legalization of Cryptocurrency Perpetual Contracts? CFTC Chairman: Policy to be Announced Within a Month

Chairman Mike Selig of the U.S. Commodity Futures Trading Commission announced that a policy will be introduced within the next month to promote the legalization of crypto asset perpetual contracts in the United States. He emphasized that this initiative will be carried out in collaboration with the U.S. Securities and Exchange Commission and is dedicated to providing a clearer regulatory framework for the crypto industry, ending long-standing enforcement uncertainties.