Oracle Plans to Cut Thousands of Jobs to Address AI Expansion Funding Pressure

On March 9, the Group of Seven (G7) is set to discuss a joint release of emergency oil reserves. International oil prices tumbled sharply intraday, with WTI crude narrowing its daily gain to 20%, per Bitget data.

March 9th — Per data from Coinbob Popular Address Monitor, the multi-asset-focused whale address 0x8af is once again trapped in a bull-bear tug-of-war, driven by today’s dual pullback in U.S. stocks and crypto markets plus a sharp crude oil surge. Its Nasdaq 100 and BTC long positions have seen widening unrealized losses, while its crude oil short was fully liquidated—with total position size exceeding $50 million. The whale has recently clashed with market momentum. Over the past 10 days, it continuously added to its XYZ100 (Nasdaq 100-tracking contract) position, growing from $20 million to $38.5 million (the largest on-chain Nasdaq long). Today’s stock pullback pushed this position into $1.268 million in unrealized losses. Its BTC long, opened near a local high, holds $8.31 million and faces $290,000 in unrealized losses (-140%). Additionally, the address previously shorted silver right before its rally and got trapped in a crude oil short ahead of today’s surge: its $7.7 mill

March 9 (Cointelegraph) — Michael Saylor’s strategy could raise $3 billion in funding in the coming weeks via the sale of preferred stock STRC to acquire additional Bitcoin.

STRC, launched in July 2025 as an income-bearing financing tool, maintains a stock price near its $100 face value through a variable monthly yield (currently 11.50% annualized) — and has helped the company accumulate a Bitcoin position worth roughly $50 billion.

March 9 — Bloomberg Intelligence Senior Commodity Strategist Mike McGlone said in an X post that markets are debating whether the Iran situation could trigger the next U.S. economic recession. U.S. stock valuations are at historical highs, and the Nasdaq 100’s 180-day volatility is near its lowest level since 2018. A significant spike in future volatility would validate his market reversal assessment, he noted. Recent crypto asset declines may be just the start of the “post-inflation era deflation domino effect,” McGlone added. The crypto market’s prior sharp rally, paired with increased supply, has driven a price correction. On oil: The commodity’s recent sharp rally often squeezes shorts, spurs higher supply, and may raise global economic recession risks. Volatility in precious metals and energy markets could gradually spill over to equities, he predicted. McGlone forecasts U.S. Treasury bonds may become the top excess return asset in 2026, following Bitcoin (2024) and go

On March 9th, per Onchain Lens data, a whale deposited 1 million USDC into HyperLiquid and entered a 20x leveraged CL long position. Additionally, the same whale opened a small leveraged BRENTOIL short position. The whale has since netted over $94.8 million in profits on HyperLiquid.

On March 9th, data from Hyperinsight (via its Telegram channel https://t.me/HyperInsight) and Coinglass shows that over the past roughly 12 hours, the liquidation volume for xyz:CL (WTI Crude Oil Perpetual Contract) reached approximately $39 million—ranking third across all networks, only behind BTC and ETH, with short positions accounting for the majority of liquidations. This contract is deployed by TradeXYZ on the Hyperliquid platform, and all liquidations in this round stem from Hyperliquid. Driven by the surge in crude oil prices, multiple whales holding short positions on CL via Hyperliquid were liquidated consecutively, with a total scale exceeding tens of millions of dollars. Among them, the largest liquidation came from the whale (address 0x8af7) known for "repeatedly counter-positioning major assets": it held 72,178 CL isolated short positions, equivalent to roughly $7.7 million, all of which have now been liquidated. Subsequently, this address quickly opened new sho