On March 11,, French police arrested 12 suspects involved in planning last year's cryptocurrency kidnapping case, rescuing a Swiss man who had been held for four days. The kidnappers demanded ransom paid in cryptocurrency, and the victim was subjected to severe abuse. Authorities have identified approximately 20 related individuals and have filed multiple charges against several suspects.

Gate News Report, March 11 — According to data from the crypto analytics firm Glassnode, the 90-day profit and loss ratio (90D-SMA) of Bitcoin has remained below 1 since February 21, maintaining an overall state of excess loss. Historical data shows that after this indicator drops below 1, it typically takes more than 6 months to recover, during which market liquidity remains in a waiting phase for a return.

Elon Musk revealed that xAI, in collaboration with Tesla, is developing the Macrohard or Digital Optimus project, which combines Grok and AI technologies to process computer operations in real time. This system simulates the entire company's operations and is jokingly called "Giant Hard." Its goal is to create a unique and low-cost real-time intelligent AI system.

Gate News Announcement: On March 11, a CEX announced that its adjusted revenue for 2025 reached €371 million ($430 million), a 16% increase from the previous year. Registered users grew by 25%, reaching 7.4 million. In 2025, the exchange expanded its product offerings, strengthened institutional partnerships, and made significant progress in regulatory compliance, including obtaining the MiCA license across the European Union and cryptocurrency licenses in the UK and UAE.

Gate News bot message: According to the latest Gate TradFi data, BNTX surged 8% in the short term, with current volatility significantly higher than the recent average level, indicating increased market activity.

According to CoinGlass data, on March 11, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $205 million, involving both long and short positions. Both BTC and ETH experienced significant liquidations, affecting 95,427 people, with the largest single liquidation valued at nearly $2 million.

From 14:15 to 14:30 on March 11, 2026 (UTC), Bitcoin (BTC) experienced a short-term fluctuation. The candlestick data shows a return of +0.63% within 15 minutes, with a price range of 70170.3 to 70694.9 USDT and an amplitude of 0.75%. Market attention increased during this period, volatility intensified, and both bulls and bears participated actively in short-term trading. The main driver of this fluctuation was a liquidation event in the derivatives market. Historical experience indicates that when large-scale liquidations occur in the futures and perpetual contracts markets,

Gate News Announcement: On March 11, the crypto financial services provider and the first federally chartered crypto bank in the United States, Anchorage Digital, is making a strategic investment in security infrastructure company Immunefi and purchasing the company's native token IMU.

Across Protocol proposes a temperature check initiative, planning to transform the existing DAO and token structure into a C Corporation in the United States. ACX token holders can exchange their equity proportionally or redeem for USDC, and holders can choose different participation methods based on their scale.

Goldman Sachs report indicates that the structure of hedge fund positions in the US stock market is creating conditions for a market rebound. Speculators maintain long positions while shorting ETFs and futures. Short positions have reached their highest level since September 2022, reflecting market responses to uncertainty. If positive news emerges, it could trigger a rapid market rally.