Japanese and South Korean Stock Indices Soar

On March 10th, Bitget market data shows Nasdaq 100 futures extended gains to 0.6%, while S&P 500 futures gained 0.4%.

March 10 – Per Bitget market data, Hong Kong stocks closed higher with the Hang Seng Index up 2.17%, the Hang Seng TECH Index gaining 2.4%, and Tencent Holdings (0700.HK) jumping 7.27%. AI-related stocks saw notable gains: MiniMax (00100.HK) surged 22.37%, Westwell Group (02513.HK) rose 12.87%, China Binary Sale Technology (02706.HK) was up 7.28%, and Securemetric (02498.HK) gained 4.08%.

On March 10, a European Union official noted that the G7 Energy Ministers’ Meeting will convene Tuesday at 13:45 CET (20:45 Beijing time tonight). Last night, G7 officials stated that a broad consensus was reached at Monday’s G7 Finance Ministers’ Meeting, with a decision not to release oil reserves at this time. Per Bitget market data, Brent crude is currently trading at $88.8 per barrel, up 3% intraday, while WTI crude is at $86.4 per barrel, up 1.6% intraday.

On March 10, Bloomberg analyst James Seyffart noted that the top investors in the Solana ETF are primarily a mix of liquidity providers and crypto investment firms, calling its investor base a "star-studded lineup" of industry players. Top holders of Solana ETF exposure as of now include: Electric Capital Partners (over $137 million), Goldman Sachs Group (over $107 million), Elequin Capital (over $87.9 million), and Morgan Stanley (roughly $15.31 million).

March 10 — Per HyperInsight monitoring (https://t.me/HyperInsight), an address starting with 0x58c has been opening 20x leveraged long positions in cash:USA500 (S&P 500 perpetual contract) during U.S. stock market off-hours over the past 4 hours. The position totals $1 million with an average entry price of $6773. Additionally, the address holds a ~$220,000 long position in km:SMALL2000 (Russell 2000 perpetual contract), signaling bullishness on both U.S. large-cap and small-cap stocks. Hyperliquid data (https://app.hyperliquid.xyz/join/NTOD) shows the contract is currently priced at $6806 — slightly above the S&P 500’s closing price of ~$6795 today. The address added to its long position when the on-chain contract price pulled back to ~$6756 during off-hours. Beyond U.S. equities, the address has built a crude oil hedging portfolio: long xyz:BRENTOIL (Brent Crude) and short km:USOIL (WTI Crude), with a combined position size of $1.4 million.

**March 10 Update** Crypto reporter Eleanor Terrett noted that during a review of Tornado Cash co-founder Roman Storm’s trial, the judge appeared more sympathetic toward Uniswap’s developers in a related lawsuit—while taking a tougher stance against Tornado Cash’s devs. Court filings indicate the judge argued it would be illogical to hold software developers liable for strangers’ misuse of neutral infrastructure, classifying Uniswap as “neutral infrastructure” but deeming Tornado Cash to have “engaged in illegal financial activities.” This position signals U.S. courts could weigh whether developers merely provide neutral tools when assessing DeFi infrastructure liability going forward. **Earlier Today** Reports emerged that the U.S. Department of Justice (DOJ) is seeking a retrial for Roman Storm on two charges the initial jury deadlocked on: money laundering and sanctions violations. Prosecutors proposed scheduling the retrial for early October, even as Storm’s motion to ove