BlockBeats News, March 1st, CZ posted on Platform X stating, "All is well here, given the current situation, it's actually very calm. UAE citizens and tourists have full confidence in the country's leadership and defense system. Saw some smoke in the sky and heard a few loud bangs."

Fortunately, the bomb fragments landed in the courtyard of the Fairmont Hotel, not the hotel itself. Hopefully, no one was injured.

This world is truly crazy! Stay safe and healthy, everyone!"

BlockBeats News, February 28: Sources said that before the U.S. launched an attack on Iran, the CIA assessed that even if Iran's Supreme Leader Ali Khamenei was killed, he would likely be succeeded by a hardline figure from Iran's Islamic Revolutionary Guard Corps. (Jinse)

BlockBeats News, February 28, according to analyst @alicharts, the current Ethereum MVRV (Market Value to Realized Value) ratio has dropped to 0.78. Historical data shows that when the MVRV ratio falls below 0.80, ETH is usually close to a long-term bottom.

However, the current market is still in a heavy distribution phase. @alicharts noted that if the selling pressure persists, the potential support levels are: $1800, $1584, $1238, and $1089.

BlockBeats News, February 28th, Bloomberg reported that the escalating tensions among the U.S., Israel, and Iran have led traders to turn to cryptocurrency exchanges for round-the-clock hedging. Perpetual contracts on Hyperliquid tied to oil surged approximately 6.2% to $70.6 per barrel, with gold and silver perpetual contracts each rising over 5% and 8% to $5,464 per ounce and $97.5, respectively. Silver perpetual contracts saw a trading volume of over $4 billion in the past 24 hours, while gold contracts saw a volume of nearly $1.4 billion, and stock index contracts on the platform dropped 1% to 2%.

The Iran conflict triggered a safe-haven selloff in the crypto market, with Bitcoin briefly falling 3.8% to $63,038 before stabilizing around $64,000; ETH dropped 4.5% to $1,836 at one point. According to CoinGecko data, the total market capitalization of digital assets evaporated by around $128 billion after the conflict broke out.

Jake Ostrovskis, Head of OTC Trading at Wintermute, stated that due to Bitcoin's 24/7 trading, it has become the most liquid asset for traders to express macro views when other markets are closed, and more asset classes are moving towards round-the-clock trading. Charlie Ambrose, Co-Founder of Felix, mentioned that this was another weekend of round-the-clock price discovery through perpetual contracts on Hyperliquid, potentially driving a macro shift in how global markets operate.

BlockBeats News, February 28th, Witnesses reported a thick smoke and fire near the Palm Jumeirah in Dubai, accompanied by a loud explosion.

Public information indicates that Palm Jumeirah in Dubai is one of the world's most famous ultra-luxury man-made island residences and resort communities, known as the "Eighth Wonder of the World".

BlockBeats News, February 28th, Iranian Foreign Minister Araghchi said in an interview that almost all officials are alive and well, with maybe one or two military commanders martyred. Earlier, unofficial Israeli reports claimed that IRGC Commander General Pakpour and Iranian Defense Minister Naqizadeh were killed in an airstrike. Israel believes their attack has resulted in the deaths of several senior Iranian officials. (CCTV News)

BlockBeats News, February 28, local time on the 28th, Israeli officials said that the strike against Iran is expected to last at least a week. U.S. officials also expect the operation to last for days, rather than just hours. (CCTV News)

BlockBeats News, February 28th, influenced by the comprehensive escalation of the US-Iran conflict, the on-chain gold prices represented by PAXG and XAUT experienced a sharp rise. Among them, PAXG reached a daily high of $5600 today, with a daily trading volume exceeding $1 billion, fully reflecting investors' trading demand for gold in the black swan event.

In contrast, the gold market under the traditional financial system is still in a state of holiday.

BlockBeats News, February 28, according to HTX market data, Bitcoin experienced a short-term surge of 1.39%, briefly breaking through $65,000 and is now trading at $64,865.52.

BlockBeats News, February 28, three sources said that Iranian Defense Minister Amir Hatami and Islamic Revolutionary Guard Corps commander Mohammad Pakpour were killed in an Israeli attack. (FXStreet)