VanEck launches Sui ETN on Deutsche Börse Xetra

Strategy Drops $1.28 Billion on Bitcoin, Issues $377 Million in Preferred Shares

In brief Strategy notched its largest Bitcoin purchase in over a month. The firm issued STRC at its fastest rate since the product’s debut last July. The company’s Bitcoin stockpile showed a $5.5 billion loss on paper. Strategy spent $1.28 billion on Bitcoin last week, notching its large

French Finance Minister states readiness to tap into strategic oil reserves; G7 has not yet reached an agreement on this.

Gate News Report, March 9 — The French Minister of Finance announced that France is prepared to use its strategic petroleum reserves (national emergency energy reserves) to stabilize the market. G7 finance ministers stated they are ready to take all necessary measures to address market volatility, but no consensus has been reached yet on releasing strategic petroleum reserves. Following the announcement, international oil prices surged briefly, with WTI crude oil (West Texas Intermediate) currently at $103.6 per barrel and Brent crude oil at $101.8 per barrel.

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

Amid escalating geopolitical tensions in the Middle East, Bridgewater founder Ray Dalio reiterated the superiority of gold, expressing skepticism about Bitcoin and pointing out issues such as the lack of central bank backing. Nevertheless, the market reaction was not as he expected; gold plummeted significantly, while Bitcoin remained relatively stable and even increased slightly, indicating a decoupling of their price movements. Dalio's view on cryptocurrencies is not entirely bearish; he still holds a small amount of Bitcoin for diversification purposes.

Former Snap executive: Cryptocurrency and AI investment logic are different and should not be confused

Proem Asset Management founder Imran Khan stated that cryptocurrencies have little to no role in his AI investment strategy, emphasizing that the investment logic of the two is different. Although he holds some crypto-related assets, they are still considered technology investments rather than AI-specific strategies.

Gold and silver decline, crypto volatility index EVIX drops 0.74% intraday

On March 9th, gold prices fell to $5105.10 per ounce, while silver prices slightly increased to $84.679 per ounce. The US dollar against the Chinese yuan slightly declined, while it slightly rose against the Japanese yen. Major European stock indices generally declined, while WTI and Brent crude oil prices increased by 7.55% and 8.34%, respectively. The Gate platform supports trading of various financial products.

Rystad Energy: If the Middle East conflict lasts for four months, Brent crude oil prices could rise to $135 per barrel

Rystad Energy Vice President Janiv Shah pointed out that Middle East supply disruptions could lead to a significant rise in Brent crude oil prices. If the conflict lasts for two months, oil prices in April could exceed $110; if it continues for four months, they could reach $135 in May. Changes in oil prices will impact global stability.