Spot silver is currently quoted at $89.51 per ounce, up more than 4.45% intraday.

Iranian Revolutionary Guard launches 37th wave of strikes, WTI crude oil briefly drops then turns down 0.61%

Gate News Report, on March 10, Iran's Islamic Revolutionary Guard Corps announced the implementation of "Real Commitment 4" Operation Wave 37 in the early hours of March 11 local time. The operation involved missile strikes targeting U.S. military bases in Erbil, Iraq, the U.S. Fifth Fleet, and Tel Aviv in Israel. As a result, WTI crude oil (West Texas Intermediate crude futures) experienced a short-term decline and turned downward, currently trading at $85.9, down 0.61%, after previously rising over 2%.

Cliffwater's $33 billion credit fund faces redemption requests exceeding 7%

Cliffwater's private credit fund may face redemption requests exceeding 7%, with the redemption window closing soon. Investors are withdrawing funds due to concerns over loan quality and artificial intelligence risks, exacerbating the liquidity crisis in the private credit industry.

Goldman Sachs becomes one of the largest institutional holders of XRP spot ETFs, ranking among the top in holdings by the end of 2025.

By the end of 2025, Goldman Sachs will become one of the largest holders of XRP spot ETFs, with a large number of anonymous investors remaining in the market. Analysis suggests that core supporters dominate the capital inflows, with the top 30 holders collectively owning approximately $211 million, and the overall ETF product attracting over $1 billion.

XRP ETF Performance Praised as 'Really Impressive' by Bloomberg - U.Today

XRP ETFs have shown resilience amid a 45% price drop, attracting significant capital despite typical market behavior. Bloomberg's Eric Balchunas highlights strong investor support. Despite recent outflows, the funds retain substantial assets, indicating community dedication.

Crypto Shines Amid Middle East Oil Shock and Market Selloff

Bitcoin remains stable amid market turmoil fueled by rising oil prices and inflation, outperforming traditional assets. Its reduced leverage limits forced selling, attracting long-term investors eyeing potential gains in a volatile landscape.

Mega Bank's Director Rui-bin Zhuang tests stablecoin remittances, but the costs of blockchain are misunderstood.

Mega Financial Holding Co. held a media briefing on the 10th. Chairman Dong Rui-bin revealed that to objectively compare the efficiency of bank and blockchain remittances, Mega Bank mobilized 17 countries worldwide and 25 overseas branches last year for testing. Branch staff opened accounts at local legal exchanges and used the virtual asset trading platform BitoPro to trade USDT stablecoins, transferring 50 USDT each time back to Taiwan, and compared this with traditional bank cross-border wire transfers. The results showed that stablecoins do have advantages for small-scale cross-border remittances. However, for remittance amounts exceeding the equivalent of NT$200,000 (about $7,000 USD), banks remain more cost-competitive. Mega Experiment: Banks Are More Cost-Effective for Transfers Over $7,000 USD The test results indicated that in the scenario of "paying NT$ in Taiwan and receiving local currency at the destination," bank wire transfers generally arrive within about 2 hours, with a fee of approximately