Indiana State Senate Committee advances bill allowing state pension funds to invest in cryptocurrencies

Member of the Iranian Experts Meeting Presidium: Khamenei did not leave a will and did not designate a successor

Gate News Report, March 6 — A member of the Iranian expert meeting presidium stated that Khamenei did not leave a special will, did not specify a successor, and did not give any instructions regarding the appointment of a successor.

White House Economic Advisor Hassett: No plans to discuss tapping the Strategic Petroleum Reserve in the near future; focus on tariffs and tax refund litigation

Gate News Report, March 6 — The Director of the National Economic Council at the White House, Jared Bernstein, made a statement on various economic policy issues. Bernstein stated that prediction markets have their uses. Regarding Iran and oil issues, he pointed out that there will be no discussion of deploying the Strategic Petroleum Reserve (SPR) in the near future, as the military is developing a plan to ensure ship passage. When discussing tariff refunds, Bernstein said that they are monitoring lawsuits initiated by large corporations, and the private sector will agree on the specific method of refunds.

XRP Could Face Securities Classification Under New U.S. Crypto Framework, Says Cardano’s Hoskinson

Charles Hoskinson argues that under the revised CLARITY Act, tokens like XRP would qualify as securities, igniting his feud with the XRP community. He called Ripple CEO Brad Garlinghouse out again, cautioning that having no laws is better than having a bad law. Cardano founder Charles Hoskin

Goldman Sachs expects the Federal Reserve to complete the remaining two rate cuts, but the timing remains uncertain.

Goldman Sachs Multi-Asset Fixed Income Investment Director Lindsay Rosner stated that the Federal Reserve should be cautious about delaying interest rate cuts in the face of a weak labor market. Meanwhile, the Middle East conflict influences policy directions, and the complex interplay between inflation and U.S. employment makes the timing of rate cuts uncertain. Goldman Sachs expects to complete two rate cuts to return to a neutral interest rate.

Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin

As geopolitical tensions in the Middle East escalate, Bridgewater founder Ray Dalio questions Bitcoin and reaffirms gold as the preferred safe haven. Nevertheless, gold prices fell accordingly, while Bitcoin only experienced a slight correction, indicating that the correlation between the two is weakening. Dalio doubts Bitcoin's transparency and future risks, but he still maintains a small allocation of Bitcoin for diversification.