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According to Jinshi News, the dollar has reopened its upward trend triggered by the Middle East conflict, with inflation concerns intensifying market worries that U.S. interest rates will remain high for a longer period. Due to disrupted fuel supplies and closed shipping routes, gas-powered aluminum plants in the Middle East have suspended production and delivery, further exacerbating inflationary pressures from energy supply shocks. The Federal Reserve watch tool from the Chicago Mercantile Exchange shows that the current probability of only one rate cut this year is 36.2%, up from 22% a week ago.

According to Jin Ten, strategists at TD Securities pointed out in a report that unless Friday's U.S. non-farm payroll report shows significant weakness, it is unlikely to have a major impact on the dollar. They believe that U.S. economic data may take a back seat, with market focus shifting to the Middle East conflict and its potential impact on the Federal Reserve's ability to cut interest rates. The strategists stated that only in the case of rising unemployment will the market refocus on non-farm data and reverse recent price trends.

According to market news, Bitcoin is currently approaching the key resistance level of $74,000, with a cumulative increase of over 10% since the outbreak of the conflict in the Middle East. It is noteworthy that this round of increase has occurred against the backdrop of declining risk appetite in global stock markets and a simultaneous strengthening of the dollar.The Dollar Index (DXY) has risen over 1% this week, reaching 99.68 on Wednesday, the highest level since November of last year. Historically, Bitcoin has typically shown a negative correlation with the dollar, but since Trump won the 2024 election and proposed pro-crypto policies, both have experienced synchronized ups and downs multiple times.

The UK Treasury announced on Monday that the UK and US governments will establish a "Transatlantic Future Markets Working Group," aimed at reducing the cumbersome procedures for businesses to enter the capital markets of both countries and improving cooperation in the field of crypto assets.The working group will submit a report within 180 days, exploring short-term cooperation improvements and long-term options, particularly in the wholesale digital markets sector. This initiative has been approved by UK Chancellor of the Exchequer Rachel Reeves and US Treasury Secretary Scott Bansen, and will be co-chaired by officials from both treasuries, with participation from regulatory bodies in both countries.

According to CoinDesk, amidst the impact of the Middle East conflict on global stock markets and commodities, Bitcoin has risen against the trend, reaching a one-month high and helping to revitalize the overall cryptocurrency market. After falling nearly 50% from its historical high in October last year, Bitcoin had once been in the oversold territory.Following the outbreak of this round of key conflicts, traditional assets have significantly declined, while BTC's relatively strong performance has reinforced its temporary "safe-haven narrative." Market analysis suggests that this round of increase is mainly driven by three factors:The return of the "fiat currency depreciation" logic, as the intensifying Middle East conflict exacerbates global fiscal pressures, which may lead to expectations of more easing and deficit expansion, strengthening the "fiat currency depreciation" narrative, prompting some funds to be reallocated to digital assets.There may be expectations for a de-escalation in the Middle East situation. Although there has been no response from the U.S., this news has strengthened market expectations that "the conflict may not spiral out of control for a long time," supporting the recovery of risk asset sentiment.The CLARITY Act is close to being passed, aiming to clarify the legal status of stablecoins, which is beneficial for the cryptocurrency market.

According to CoinDesk, the Financial Action Task Force (FATF) has released a report warning that stablecoins have become the most widely used virtual assets in illegal transactions, calling for increased regulation of issuers.The report cites data from Chainalysis, indicating that by 2025, stablecoins will account for 84% of the volume of illegal virtual asset transactions, involving an amount of $154 billion. A report from TRM Labs shows that by 2025, illegal entities will receive $141 billion in stablecoins, reaching a five-year high, with sanction-related activities accounting for 86% of illegal crypto fund flows. Actors such as Iran and North Korea are using stablecoins like USDT for financing weapons of mass destruction and cross-border sanctioned payments.The FATF warns that peer-to-peer transfers conducted through non-custodial wallets represent a key vulnerability, as these transactions can bypass anti-money laundering controls. The FATF urges countries to impose anti-money laundering obligations on stablecoin issuers and consider requiring them to have wallet freezing capabilities and to restrict certain functionalities of smart contracts. The current market capitalization of stablecoins has exceeded $300 billion.

According to The Block, Commodity Futures Trading Commission (CFTC) Chairman Michael Selig announced the appointment of David Miller as the head of the agency's enforcement division.Miller previously served as a federal prosecutor and has extensive experience in digital asset cases in the private sector. This appointment comes as the CFTC is preparing to play a more significant role in regulating the cryptocurrency industry. Miller stated, "I am honored to join the CFTC during this exciting time of transformation." Selig emphasized that Miller will focus on "combating fraud, abuse, and manipulation, rather than policy-making."

The CFTC Chairman has appointed former federal prosecutor and private practice attorney David Miller to lead the agency's enforcement division.David Miller previously served as a litigation partner at Greenberg Traurig and Morgan Lewis, focusing on commodities, securities, digital assets, and national security, and he has also served as an Assistant U.S. Attorney in the Southern District of New York. Michael Selig stated that David Miller will be dedicated to combating fraud, abuse, and manipulation, rather than formulating policy. Currently, Washington lawmakers are pushing to grant the CFTC broader jurisdiction over the cryptocurrency industry.

According to Jinshi News, analysts at Monex Europe stated in a report that if the conflict in the Middle East escalates further, the dollar may extend its gains. The conflict has triggered risk aversion, rising oil prices, and demand for liquidity, with the dollar's strength benefiting from its safe-haven status and America's energy independence. Nevertheless, the dollar index's increase is still less than 1% compared to last Friday's closing. Analysts believe that the short-term trend of the dollar depends on whether the conflict is controlled, with risks leaning towards further appreciation.

On-chain analyst Murphy stated that BTC's "historical average cost basis" is very effective for assessing sentiment. When the price approaches the historical average cost basis of around $64,500, it reaches the psychological limit that the market can bear. Recently, after multiple dips below this cost line, the Bitcoin price has once again risen above it, with bulls showing a very strong willingness to resist at this sensitive position.Currently, concerns about the US-Iran geopolitical conflict have materialized, and the focus will shift to the scope of the conflict, its duration, and its impact on oil prices. This weekend, it has been observed that, without significant participation from institutions and market makers, the bearish forces are insufficient to drive BTC quickly "below 6 to see 5." The support at the historical average cost basis of $64,500 will be reconfirmed after the opening of the US stock market today.

According to Gate's market data, the dollar has strengthened against all major currencies as rising oil prices have prompted swap traders to reduce bets on the Federal Reserve cutting interest rates this year. The current market expects a rate cut of about 59 basis points, down from 61 basis points last Friday.Gareth Berry, a strategist at Macquarie Group in Sydney, stated that this may be an early signal that the market believes sustained increases in oil prices will lead to higher inflation pressures in the U.S., thereby reducing the Fed's willingness to cut rates. Deteriorating risk sentiment has also contributed to the dollar's rise, with S&P 500 futures down 1.5%.

OnGreen announces that prominent Yemeni leader Sheikh Nabil Mohammed Ali Al Khamary has joined the company as Co-Founder, bringing substantial regional business influence and strategic capital networks to advance its green transformation strategy across MENA. The company stated that his appointment will further strengthen OnGreen’s positioning as a flagship platform integrating real-world assets, impact projects, and long-term regional development. A self-made entrepreneur, Sheikh Nabil currently serves as Chairman of the International Investment and Contracting Group. He also acts as an economic and political advisor and regularly participates in international conferences. According to OnGreen, Sheikh Nabil’s appointment marks a new stage in the development of the Oasis Journey. He noted that through the Oasis Journey—from land restoration to tokenized green assets—the initiative aims not only to create new forms of sustainable wealth, but also to explore a path for Yemen, the Gulf region, and the wider Arab world where business growth, peace, and social value can advance together.

According to Jinshi reports, analysts say that due to the Middle East conflict potentially triggering a demand for immediate liquidity, the dollar strengthened against most currencies during the Asian trading session. Vishnu Varathan, head of macro research at Mizuho Securities, stated that due to the "cash is king" mentality, the dollar may maintain buying advantages, which could be further solidified by the greater disadvantages of the euro and most other non-oil currencies.

The announcement of the "Paid Partnership" label feature on the X platform has attracted community attention. Nikita Bier, the product lead for X and an advisor to Solana, clarified that this feature is not specifically aimed at prediction markets. The "Paid Partnership" label is intended for marking commercial promotional content. The core value of the X platform lies in providing a "real human pulse." Although the platform encourages creators to engage in commercial collaborations with brands on X, undisclosed promotional content can undermine product integrity and weaken user trust in the content.The new feature will help creators meet regulatory compliance requirements and, more importantly, enhance transparency with fans by clearly distinguishing between commercial partnerships and organic content. He specifically noted, "I love prediction markets."

According to Decrypt, U.S. Attorney for the District of Columbia Jeanine Pirro announced that the Fraud Center Strike Force has frozen and seized over $580 million in cryptocurrency from Southeast Asian crime networks.The task force was established in November 2025 and operates in coordination with agencies such as the U.S. Department of Justice, FBI, Secret Service, and Department of the Treasury, primarily targeting transnational crime networks operating "pig butchering" scams in Myanmar, Cambodia, and Laos. Pirro stated that her office will seek to forfeit the related funds through legal processes and return them to victims to the greatest extent possible.Deddy Lavid, CEO of blockchain analytics platform Cyvers, told Decrypt that while the $580 million in seizures is operationally significant, it represents only a small fraction of the total activity in the global crypto fraud landscape. The company has identified approximately 27,000 active criminal groups involved in about $27.5 billion in fraud exposure.Pirro linked the Southeast Asian scam networks to organized crime in China, while Lavid pointed out that these networks are becoming increasingly decentralized, involving operators from multiple countries and cross-border money laundering hubs.

According to data from Greeks.live, 116,000 BTC options will expire this Friday, with a Put Call Ratio of 0.76, a maximum pain point of $75,000, and a nominal value of $7.9 billion. 206,000 ETH options will also expire this Friday, with a Put Call Ratio of 0.77, a maximum pain point of $2,200, and a nominal value of $980 million.Greeks.live analyst Adam stated that the current cryptocurrency market remains sluggish, with the entire February trend weakly oscillating above $60,000. Tomorrow, options representing 20% of the total open interest will expire, totaling nearly $9 billion, with Bitcoin's open interest reaching a peak in recent years. Thanks to a rebound in the past two days, the implied volatility of Bitcoin and Ethereum has increased this week, with BTC's main expiry IV at 47% and ETH's main expiry IV at 65%. The downward price trend has eased somewhat, but market confidence is still lacking.In terms of trading, large bullish options dominate the market, with a significant amount of medium to long-term bullish trades following yesterday's rebound. From the main options data, the Skew has also rebounded comprehensively, indicating a bottom-fishing force in the market. Adam added that the market is still in a bear phase, with no new funds entering the cryptocurrency space and no obvious hotspots, while pessimistic sentiments are prevalent on social media, suggesting that bottom panic may not have arrived yet.

According to TheEnergyMag, a fire occurred in Wenatchee, Washington, which is suspected to be related to local Bitcoin mining activities.Local fire departments have arrived on the scene, and specific damage details and whether there were any casualties have not yet been released. Relevant authorities are investigating the cause of the fire and whether the mining site complies with local safety regulations. As of now, the name of the involved mining site and the direct cause of the fire have not been disclosed.