Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
12:31

Iranian Ministry of Foreign Affairs: After coordination, some vessels have passed through the Strait of Hormuz

Gate News message, on March 30, local time on March 30, Iranian Foreign Ministry spokesperson Baghaei, in response to concerns raised by Europe and other places about the fuel price increases and the rising costs of Gulf shipping, said that Iran is not responsible for the current situation and does not want people in other countries to bear pressure due to increases in fuel or food prices. Baghaei also said that currently Iran is managing the passage of ships that do not belong to the adversary while ensuring safety. In the past few days, some ships have passed through the Strait of Hormuz after coordinating with Iran-related authorities. (CCTV News)
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12:01

American Bitcoin, a mining company supported by the Trump family, has surpassed a holding of 7,000 BTC.

Gate News reports that on March 30, the Bitcoin mining company American Bitcoin (NASDAQ ticker: ABTC), supported by the Trump family, announced its BTC reserve data. Its current holdings have exceeded 7,000 BTC. The company stated that since going public on Nasdaq, its BTC reserves have increased by approximately three times. According to the ranking of BTC holdings among publicly listed companies worldwide, American Bitcoin is currently in 16th place.
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BTC1,64%
11:31

Iran’s Ministry of Foreign Affairs: The actions taken are defensive in nature and are not directed at regional countries.

Iran’s Foreign Ministry spokesperson Baghaei said that Iran’s actions are self-defense, calling on all sides to make a distinction and emphasizing that they are not aimed at regional countries. He urged neighboring countries to comply with international law, not allowing the United States and Israel to use their territory to carry out attacks, and stressed that a solution to the current conflict should be sought on the basis of peace and cooperation.
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11:00

Deutsche Bank: Japan and the U.S. could potentially team up to intervene in the yen; the current conditions favor a stronger U.S. dollar

A German commercial bank analyst noted that, given the recent decline in the yen, Japan and the United States may jointly intervene in the currency markets to boost the yen and suppress the dollar. The current dollar strength provides favorable conditions for coordinated intervention, and the G7 meeting will offer an opportunity to secure support for Japan.
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10:34

Giant Whale’s “Silver Iron Head Air Force” opened short positions in BTC and ETH for a brief period, with an order size of $29 million

On March 30, Hyperinsight detected a whale address that specializes in shorting, "Silver Iron Head Air Force," opening BTC and ETH short positions, with a position size of about $4.0 million. At the same time, the address placed $29.0 million in sell and buy orders, waiting for the price to rise and trigger them.
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BTC1,64%
ETH3,4%
10:33

UK crypto investment firm Abraxas Capital establishes a $135 million crude oil short position

Gate News message, March 30, on-chain analytics platform Lookonchain data shows that UK crypto investment firm Abraxas Capital has established a crude oil short position with a total size of approximately $135 million. Specifically, this includes: 954,996 Brent crude oil contracts (the international benchmark crude oil price, approximately $102.7 million) and 322,885 WTI crude oil contracts (the U.S. benchmark crude oil price, approximately $32.7 million).
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10:33

Suspected insider address leveraged trading: “Iran breach by the U.S. before the end of March” prediction event, $50,000 in profits

Gate News message. On March 30, a suspected insider, low-frequency trading address began continuously buying a predicted event—"a U.S. invasion of Iran before the end of March"—starting yesterday (March 29) at around midnight. Its average position cost was 10¢, with $42,000 invested. Later, at 03:51 this morning (March 30), it sold at 46¢, earning $50,000 in profit. Previously, the same address had profited $150,000 from a prediction that the U.S. would strike Iran this year.
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