Western Union partnered with Crossmint to launch USDPT, a Solana-based stablecoin, while the SEC released guidance for federal regulators on applying existing securities laws to crypto assets. Donald Trump said the U.S. aims to lead globally in crypto and emerging technologies, as Sui Dollar ($USDsui) launched backed by a Stripe-owned stablecoin to support scalable finance and cross-border payments. Additionally, Canada's Scotiabank introduced an actively managed ETF targeting selected crypto assets, Elon Musk previewed X Money with beta wallet features including sending, depositing and earning yield, and pro-Bitcoin economist Kevin Warsh was nominated as the next Federal Reserve Chair. Chinese EV maker Jiuzi Holdings signed a $1B equity deal to purchase 10,000 $BTC, Kraken became the first crypto firm with a master account granting access to the Federal Reserve's core payment rails, and Eric Trump accused large banks of hindering crypto innovation while providing low yields and charging high fees.

China has ordered major refiners to suspend overseas shipments of diesel and gasoline this week, Bloomberg reports. Officials from the National Development and Reform Commission held meetings with refinery executives as tensions in the Persian Gulf threaten crude arrivals from key producing regions. Refiners were directed to stop signing new export contracts immediately, with some existing cargoes subject to renegotiation or cancellation under the directive.

At 12:46, 608.37 BTC valued at approximately $44.21 million were withdrawn from Bitstamp to multiple unidentified addresses, Arkham data show. The transfers included 175.88 BTC sent to address bc1q0n... and 141.68 BTC sent to address bc1qh2....

The United States test-fired a Minuteman III intercontinental ballistic missile from Vandenberg Space Force Base in California at around 11 p.m. local time, the New York Post reports. The unarmed missile flew across the Pacific Ocean and struck its designated target near the Marshall Islands. Officials said the test was conducted to verify the system's readiness, accuracy and overall performance; the Minuteman III is reportedly capable of carrying nuclear warheads 20 times more powerful than the Hiroshima bomb.

China has instructed its major oil refining companies to suspend exports of diesel and gasoline amid intensifying disruptions linked to the conflict in the Persian Gulf. The move targets overseas shipments of these refined fuel products as regional tensions and supply interruptions in the Persian Gulf escalate.

Crypto trader @sillytuna lost 23.6M aEthUSDC worth about $23.6M in an alleged violent extortion, @lookonchain reports. On-chain data show most stolen assets have been swapped, with 20.34M converted to DAI and a smaller portion bridged to Arbitrum. The funds are reportedly being routed to @HyperliquidX for planned XMR purchases, with a 10% bounty offered on recovered assets that also applies to individuals involved in the incident.

China has ordered its largest oil refining companies to suspend diesel and gasoline exports as the conflict in Iran escalates. The directive targets outbound fuel shipments, reflecting Beijing's response to the intensifying war in Iran.

A high-earning trader opened leveraged long positions totaling $30.31 million in ETH and BTC on March 5, onchain analyst Aunt Ai (@ai_9684xtpa) reports. The ETH position consists of 7,500 contracts at 10x leverage worth $15.83 million, with an average entry of $2,050.71 and an unrealized profit of $462,000, while the BTC long includes 200 contracts at 10x leverage valued at $14.48 million, with an average entry price of $73,080 and an unrealized loss of $122,000. Since December 20, 2024, the trader has generated about $12.5 million in total profits, achieving a 50% win rate and an overall return of 3,698%.

On March 5, the account "Old Demon," identified as the top real-money profit trader, held $30.31 million in combined long positions on ETH and BTC, onchain analyst Aunt Ai (@ai_9684xtpa) said, as cited by ChainThink. The ETH position consists of 7,500 contracts at 10x leverage, valued at $15.83 million with an average entry of $2,050.71 and an unrealized profit of $462,000, while the BTC position is 200 contracts at 10x leverage, worth $14.48 million with an average entry of $73,080 and showing an unrealized loss of $122,000. Leaderboard data show that since December 20, 2024, this user has generated about $12.5 million in cumulative profits, holds the top ranking by a wide margin, and records a historical win rate of 50% with a total return of 3,698%.