February 18 Off-Duty Roadcast — Bitcoin fluctuates around $67,000… $771 million liquidated in 24 hours, with 64.6% of traders holding short positions

Circle Faces Upgraded Stablecoin Competition: Tether and Wall Street Enter the Market, Can USDC Continue to Lead?

As competition in the global stablecoin market intensifies, Circle faces challenges from Tether and traditional financial institutions, but its advantages in compliance, partnerships, and technology remain promising. Research predicts that Circle's stock price is expected to rise, while USDC's growth trend and revenue are expanding rapidly. Circle is also exploring the integration of AI and blockchain in payment scenarios, and future competitive dynamics will depend on compliance capabilities and the expansion of its payment network.

RIVER (River) increased by 32.12% in the past 24 hours

Gate News Report, March 11 — According to Gate Market Data, at the time of press, RIVER (River) is trading at $14.80, up 32.12% in the past 24 hours. The price reached a high of $21.59 and a low of $10.67. The 24-hour trading volume is $51.1 million. The current market capitalization is approximately $290 million, an increase of $70.5 million from yesterday. ## Important Recent News about RIVER: 1️⃣ **On-Chain Infrastructure Financing Drives Growth** TRON DAO Ventures has provided $8 million in funding to River to support the expansion of its on-chain abstraction infrastructure within the TRON ecosystem. This move indicates that River’s strategic value as a cross-chain liquidity connection solution has been recognized by leading public chain ecosystems, supporting the project’s long-term development.

Ripple accelerates Asia-Pacific expansion with Australian license application, XRP retail demand heats up, ETF capital structure draws attention

Ripple plans to apply for a financial services license in Australia through the acquisition of BC Payments to expand its cross-border payment business. Fiona Murray stated that the Australian market is important, and obtaining the license will enhance business capabilities. Ripple already holds 75 licenses worldwide and predicts that the Asia-Pacific payment transaction volume will double. Meanwhile, retail investors dominate the demand in the XRP market, ETF asset management scale remains stable, and institutional investors participate less, forming a "dual-track development" pattern between institutions and retail investors.

WAR (WAR) down 79.55% in the last 24 hours

Gate News Report, March 11 — According to Gate Market Data, at the time of press, WAR (WAR) is trading at $0.01, down 79.55% in the past 24 hours, with a high of $0.06 and a low of $0.00. The 24-hour trading volume reached $13.8 million. The current market capitalization is approximately $5.57 million, a decrease of about $21.65 million from yesterday. WAR is a community-driven project built on the Solana blockchain, creating the ultimate meme coin platform for traders and creators. The project aims to provide a comprehensive ecosystem for community members to issue, trade, and express creativity around popular projects. ## Important recent news about WAR: 1️⃣ **Geopolitical events causing intense market risk sentiment fluctuations** The escalation of US-Iran tensions has become a major factor in the crypto market

Bitcoin stabilizes above $70,000, IEA may release the largest-ever crude oil reserves, global risk asset sentiment improves

Bitcoin recently broke through $70,000 again, influenced by changes in the energy market. Its price once reached $71,612 before falling back to $70,036. The market sentiment is related to discussions with the International Energy Agency about releasing strategic oil reserves, and the decline in Brent crude oil prices is seen as a signal to reduce inflation pressure. The market is focused on the Federal Reserve policy meeting, with expectations that if oil prices remain below $90, it will create room for interest rate cuts.