On March 11, the US stock market opened with the Dow down 0.17%, the S&P 500 up 0.13%, and the Nasdaq up 0.33%. Oracle's stock price rose over 11% due to better-than-expected earnings and an upward revision of revenue guidance. Crypto-related stocks generally rose, with several individual stocks performing well.

On March 11, international oil prices rebounded, with WTI rising over 6% to $88.6 per barrel, and Brent increasing more than 5% to $92.44 per barrel. Contract prices on DEX platforms also rose simultaneously, but the funding rate remained negative, indicating a bearish market sentiment. The Pacifica platform's rate is positive, with a spread of 0.0035%.

Gate News Report, March 11 — Gold prices declined in early trading but remained around $5200 per ounce as investors digest mixed signals from the Middle East conflict. On the previous trading day, gold prices rose due to a softer dollar and falling oil prices easing inflation concerns. ANZ Bank analysts stated, "However, ongoing developments continue to cast a shadow over the prospect of a rate cut in the United States. This has led investors to continue withdrawing gold from gold ETFs (Exchange-Traded Funds)." Traders are currently awaiting the release of U.S. inflation data tonight to seek more clues about the interest rate outlook.

Oracle stock closed down 1.4% but rose 12.2% after hours. As a result, the Hyperliquid platform ORCL mapped contract price increased by over 12%. Two major whale holders suffered losses due to short positions, losing more than 20%.

On March 11, the cryptocurrency market generally rose, with the RWA sector up 2.46% and Pendle up 5.05%. Bitcoin remained above $69,000, while Ethereum fluctuated around $2,000. Multiple sectors such as AI and DeFi performed strongly, with Akash Network and River increasing by 20.88% and 20.65%, respectively.

On March 11, Nvidia and Micron Technology stocks rose, with Micron up 3.54% to $403, and MU perpetual contracts also increased by 4.3% to $410.2. An address holds $14.6 million in semiconductor long positions, including $6.2 million in 7x leveraged MU positions, with unrealized gains of $400,000.

On March 11, U.S. stocks closed lower, with the Dow Jones Industrial Average down 0.07%, the S&P 500 down 0.21%, and the Nasdaq up 0.01%. Cryptocurrency-related stocks generally rose, with DFDV up 12.63%. msx.com launched hundreds of decentralized RWA tokens, covering various U.S. stocks and ETFs.

Gate News Report, March 11, the midpoint rate of the RMB against the US dollar (the official exchange rate benchmark published daily by the People's Bank of China) rose by 65 basis points to 6.8917, appreciating to the highest level since April 25, 2023.

BitGo will provide custody and trading services for StableX, supporting its acquisition of stablecoin-related cryptocurrencies worth up to $100 million. StableX's stock price rose on the news.

Gate News Report, March 11 — According to Alternative.me data, the cryptocurrency Fear & Greed Index today is 15, up 2 points from yesterday's 13. The market remains in a state of "Extreme Fear."