Overview of important developments overnight on March 1st

1. Tether Treasury destroys 2 billion USDT;

2. The U.S. SEC delays approval of Fidelity's Ethereum ETF spot options;

3. U.S. Treasury Secretary Bessent: We may soon be able to return to the inflation target;

4. Half of the states in the United States have officially launched the "Strategic Bitcoin Reserve" bill;

5. The U.S SEC cryptocurrency working group plans to hold a roundtable meeting with industry participants;

6. BlackRock's Bitcoin and Ethereum holdings are worth approximately $50 billion in total value; 

7.US Federal Reserve Goolsbee: Satisfied with the Fed's path towards achieving a 2% inflation target.