AiCoin Daily Report (March 10)

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  1. Israeli officials say Iran may accept a ceasefire under U.S. conditions

An senior Israeli official stated that Iran will not surrender but may signal acceptance of a ceasefire under U.S. conditions. -Original

  1. Trump says the war is essentially over, Iran has no navy

CBS White House correspondent posted on social media on March 9 that President Trump said in a phone interview that the war could end soon. Trump said, “I think this war is basically over, almost. They (Iran) have no navy, no communication systems, and no air force.” He also mentioned that this progress is much faster than his initial estimate of 4 to 5 weeks. When asked about Iran’s new Supreme Leader, Muqtada Khamenei, Trump said, “I have nothing to say about him, absolutely nothing.” Trump claimed he already has a candidate to succeed Khamenei but did not elaborate. -Original

  1. Strait of Hormuz traffic stalls, energy crisis worsens

Traffic through the Strait of Hormuz has nearly come to a halt, triggering what The Wall Street Journal reports as “the most severe energy crisis since the 1970s.” -Original

  1. Macquarie warns that closing the Strait of Hormuz could push oil prices to $150

Macquarie stated that if the Strait of Hormuz remains closed for several weeks due to production stoppages and transportation restrictions, Brent crude oil prices could exceed $150. -Original

  1. Huang Licheng increases ETH long position 25x leverage to $7.62 million

On March 10, according to Hyperinsight, Huang Licheng increased his 25x leveraged ETH long position to 3,775 ETH, with a current value of about $7.62 million, floating profit of $135,000 (+45.5%), entry price at $1,998, and liquidation price at $1,960. -Original

  1. French President Macron announces formation of escort fleet to reopen the Strait of Hormuz

French President Macron stated that France is forming an escort fleet to reopen the Strait of Hormuz. -Original

  1. Circle issues 100 million USDC on Ethereum network

On March 9, Whale Alert monitored that Circle issued 100 million USDC on the Ethereum network at 22:27 (UTC+8). -Original

  1. G7 finance ministers decide not to release strategic oil reserves for now

A G7 official said that during a Monday phone call, G7 finance ministers reached broad consensus to hold off on releasing strategic oil reserves immediately. The meeting discussed measures to address the surge in oil prices caused by the U.S.-Iran war, with finance ministers stating they are prepared to take necessary actions to support global energy supply, including releasing reserves, but no decision has been made yet. The official added that G7 energy ministers will hold a phone call on Tuesday, and G7 leaders will discuss the matter later this week, with final decisions possibly made by national leaders. -Original

The above are the top news highlights from the past 24 hours. For faster news, please download AiCoin().

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