Wu Blockchain Daily Crypto News Highlights - US initial jobless claims for the week ending February 28 were 213,000, compared to an expected 215,000.

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1. The number of initial jobless claims in the United States for the week ending February 28 was 213,000, compared to an expected 215,000.

The number of Americans filing for initial jobless claims for the week ending February 28 was 213,000, compared to expectations of 215,000 and a revised figure of 213,000 for the previous week (originally 212,000).

2. The parent company of the New York Stock Exchange (NYSE) has invested in OKX, valuing the company at $25 billion.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has invested in cryptocurrency exchange OKX, valuing the company at $25 billion. ICE will also gain a seat on OKX's board of directors, though the amount invested and details of the investment terms were not disclosed. OKX will provide ICE with real-time price data for cryptocurrencies tradable on its exchange. OKX will also allow its users to trade tokenized stocks and derivatives listed on the NYSE, a feature expected to launch in the second half of 2026. ICE previously invested $2 billion in prediction market Polymarket last November, valuing it at $9 billion.

3. Arthur Hayes: BTC has not yet decoupled from the performance of US SaaS tech stocks.

BitMEX co-founder Arthur Hayes stated that Bitcoin has not yet clearly decoupled from the performance of US SaaS technology companies, and the current rise may still be just a "dead cat bounce." He believes the market has not truly emerged from the risk phase and advises patience.

4. Spanish police raid illegal Bitcoin mining farm: 88 ASIC miners operating by stealing electricity.

Spanish police have raided an illegal Bitcoin mining operation in the province of Barcelona, ​​discovering 88 ASIC miners illegally connected to the high-voltage power grid via three-phase lines, without meters or protection systems. The power company Endesa estimates the stolen electricity at approximately €860,643. The investigation, which began in October 2025 following the discovery of unusual electricity usage, currently focuses on suspected electricity theft.

5. Santiment: Market discussion surrounding the "altseason" is at a low point; historically, such periods often occur on the eve of a rebound.

According to a report by crypto analytics platform Santiment, current social media discussion surrounding the "altseason" is at an extremely low level, reflecting weak market interest in Altcoin. However, the report points out that historically, periods of "altseason silence" often coincide with the start of a rebound. Santiment states that "altseason" discussions can generally be seen as a proxy for FOMO and greed in more speculative assets: high discussion levels often correspond to a market top, while low discussion levels often indicate that large funds are more likely to drive prices upward. The report also emphasizes that this indicator is not a perfect trading signal and does not constitute investment advice.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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