A whale closed a long position in crude oil with a profit of $755,000 and instead opened a short position in the Nasdaq with a position size exceeding $25 million.

As of March 7, the U.S. dollar is on track for its best week in over a year, strengthening as the ultimate safe haven amid Middle East tensions and surging oil prices. As of press time, the spot dollar index is up 1.5% this week—its biggest weekly gain since late 2024. Hostilities are disrupting oil production and shipping, ramping up inflation worries for the Federal Reserve and other central banks. This has prompted traders to dial back bets on Fed rate cuts, giving the dollar an additional lift. Adding to economic complexity, a report released Friday showed U.S. employers unexpectedly cut jobs last month. Still, with focus centered on energy prices, the data only briefly pressured the dollar before it quickly resumed its climb. Meanwhile, the 10-year Treasury yield rose for the fifth straight day. “Right now, the market is looking past the weak data,” Bank of America FX strategist Alex Cohen noted. “Ongoing uncertainty and record-high oil prices are by far the dominant d

**March 7** As Middle East tensions escalate, global oil prices are climbing. WTI crude has surged more than 13% intraday, approaching $90 per barrel. Brent crude is currently trading at $89.15 a barrel, up over 8% on the day. Earlier, Brent futures climbed above the $90 level.

On March 6, Curve Finance announced via social media that PancakeSwap allegedly copied its code without permission, violating applicable open-source licenses. Curve noted this action not only raises legal concerns but, based on historical experience, is often unwise for projects using its code in a similar fashion. Curve also mentioned that if PancakeSwap wishes to continue using its StableSwap technology without legal risk and leverage Curve’s expertise to ensure user asset safety (SAFU), it can still reach out to Curve for authorized licensing and collaboration.

March 6 (CCTV News) — Iran’s Islamic Revolutionary Guard Corps (IRGC) issued a statement saying it carried out the 22nd round of its “Operation Fulfilled Promise 4” on the seventh day of what it called “U.S.-Israeli war and aggression against Iran.” On that day, Iran launched a large-scale joint strike using a new generation of missiles against U.S. and Israeli targets, with diverse, widespread coverage. The statement noted that Iran deployed various drones and precision-guided missiles to target the Zafar Air Base in the region. During the operation, the base’s early-warning radar was destroyed, as were hangars storing and maintaining MQ-9 drones and U-2 reconnaissance aircraft — which are currently on fire. The statement also mentioned a primary school in Iran’s Minab city was attacked, killing 165 students, and that the strike originated from that base. Iran additionally used cruise and ballistic missiles to target the U.S. Ali Salim Air Base, where the base’s early-warning ra

On March 6, Coinglass data shows the entire crypto network liquidated $164 million in positions over the past four hours, with $151 million in long liquidations and $13.3595 million in short liquidations.

March 6th — Per market data from Bitget, spot silver gained over 3.00% in intraday trading, last trading at $84.76 per ounce. Spot gold topped $5,150 per ounce, up 1.36% on the day.