Gate.io Launches INIT Perpetual Contract Pre-trading

March 9th — Michael Brown, Senior Research Strategist at Pepperston, noted in a report that current market trends are running counter to the goals U.S. President Trump has been pushing for. “I think it’s important to recognize that almost all the market developments we’re seeing right now are the opposite of President Trump’s stated goals,” Brown said. Trump has repeatedly called for lower oil prices, a higher stock market, a weaker U.S. dollar, lower interest rates, and a more dovish Federal Reserve. Instead, he’s facing higher oil prices, a falling stock market, a stronger U.S. dollar, higher interest rates, and a Fed stuck in a “dilemma.” (FXStreet)

On March 9, Tencent officially rolled out WorkBuddy—codenamed "Crayfish"—a tool that requires no complex deployment to use. Designed to boost office efficiency, WorkBuddy integrates practical features including document management, collaborative communication, and task tracking, helping users handle a range of work scenarios seamlessly. Tencent noted the launch aims to meet modern offices’ demands for convenience and efficiency, supporting businesses in improving overall productivity. Users can immediately access the tool’s handy functions simply by downloading the app. (Source: Golden Finance)

On March 9, the National Supercomputing Center announced that its OpenClaw service has integrated with Feishu and WeCom. Users can select from a range of model APIs based on task scale and access the service via Feishu or WeCom clients. Currently, OpenClaw—operated by the National Supercomputing Center—has pre-installed various large models (including MinMax-M2.1, MinMax-M2.5, Qwen-235B, etc.) to deliver high-performance, low-cost inference computing power. (Source: Jinshi)

On Monday, March 9, per Bitget market data, the South Korean KOSPI index closed 333.41 points lower at 5,251.46 points—a 5.97% drop. Japan’s Nikkei 225 index, meanwhile, closed 2,892.12 points lower the same day at 52,728.72 points, marking a 5.20% decline.

March 9: Japan has asked its oil reserve agency to prepare to release oil reserves, per Nikkei News. (Kinpou)

March 9th — Per the Coinbob Popular Address Monitor, crypto influencer CBB (address 0xefd) opened a 3x leveraged isolated short position on CL (WTI Crude Oil Perpetual Contract) on Hyperliquid on March 4th, with an average entry price of $77.2 and a position size peaking at $18 million. At the time, while oil prices were in an upward channel, the $120 liquidation price appeared to offer sufficient safety margin. However, since opening the position, geopolitical conflicts have continued to drive oil prices higher. Over five days, the CL contract price on Hyperliquid has risen by more than 50% cumulatively, hitting a high of $118 in early trading today — just 1.6% away from the $120 liquidation threshold. During this period, CBB has been repeatedly liquidating positions to cut losses and injecting additional margin to shore up the trade. The current size of the 3x leveraged CL short position has dropped to $10.27 million, with a daily loss exceeding $730,000. Through margin injecti