Gate News bot message, $5.8 billion worth of tokens will be unlocked in March. The notable token unlocks include: $RAIN $338.02M, $ASTER $56.02M, $SUI $48.65M, $ZRO $45.45M, $STABLE $29.41M, $BARD $25.16M, $POWER $23.04M, $PUMP $19.07M, $RIVER $18.42M, and $STBL $16.97M.

ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, Stable (STABLE) will unlock approximately 88,889,000 tokens at 13:00 Beijing time on March 8, with a value of about $29.97 million.

Bitcoin prices remain stable this week, but market structure is changing as approximately $2.5 billion in gamma exposure is about to be liquidated. The influence of the options mechanism may weaken, with liquidity becoming the dominant factor. Analysis indicates that recent rebounds could be misleading, and attention should be paid to subsequent hedging pressures and market stabilization conditions. Overall positions are close to reset, signaling a new phase in the cycle.

Recently, Bitcoin prices have pulled back, but spot Bitcoin ETF investors' holdings remain stable. Although there has been a net outflow of approximately $6.5 billion since early October, this is limited compared to the $55 billion net inflow. Over the past three days, spot Bitcoin ETFs have experienced a net inflow of over $1 billion.

ChainCatcher News reports that Federal Reserve's Goolsbee stated that the labor market remains stable and the economy has been in a steady state.

On Thursday, gold prices remained stable as investors focused on US-Iran negotiations to assess geopolitical risks. Analysts pointed out that gold and silver face resistance levels, and if an agreement is reached, the downside risk may increase. Market uncertainty remains high.

The market capitalization of real-world assets (RWA) has surpassed $15 billion for the first time, marking the beginning of a substantial expansion phase in tokenized finance. RWA is developing rapidly, attracting institutional funds and achieving over 15 times growth. Products such as tokenized government bonds are gradually becoming income-generating financial instruments, enhancing market liquidity and compliance. RWA is forming a stable financial ecosystem that connects traditional finance with decentralized finance, with still significant upward potential in the future.

Gate US has obtained a money transmission license in Pennsylvania, increasing the total number of state licenses held to 33. The compliant operation scope has expanded to 45 jurisdictions, further strengthening its compliance presence in the U.S. market and committed to providing stable digital asset services to local users.

The foreign exchange market has turned, with the Australian dollar, Norwegian krone, and New Zealand dollar rising approximately 6%, 5%, and 4% respectively this year. Traders are reassessing global interest rates, betting that major economies may end their rate cuts. The Reserve Bank of Australia’s rate hike expectations have increased, and rising inflation in Norway has also boosted rate hike expectations. Capital flows are moving toward relatively stable economies, and a softening dollar is affecting market sentiment.

On February 25, IBM's stock price plummeted approximately 13% in a single day, wiping out nearly $31 billion in market value and prompting Wall Street to reevaluate its core business model. The immediate trigger for this sell-off was the technological breakthrough announced by Anthropic, whose Claude model is said to be capable of reading and modernizing traditional COBOL code. This capability directly threatens IBM's long-standing reliance on mainframe maintenance and enterprise consulting markets. For years, IBM's moat in the enterprise infrastructure sector has been primarily built on deep services related to mainframe systems and the COBOL language. Banks, insurance companies, and government databases still run a large amount of legacy code, making system maintenance, upgrades, and migrations a stable long-term revenue source. However, as AI code migration tools become increasingly mature, the market is beginning to worry that "AI automation of traditional system modernization" will shorten high-cost consulting project cycles and reduce dependence on traditional service providers.