「Hyperliquid Early Contributor Loracle」 Shorting Oil on High Leverage, Long on NVDA and PAXG

On March 8, OpenClaw founder Peter Steinberger took to X (formerly Twitter) to respond to the question: “Are you aware OpenClaw has launched an official Weibo account?” He stated he has never used Weibo, and the so-called “official Weibo” is not under his control.

March 8, 2024 — Saudi Aramco’s shares rose 4.3% on Friday, notching the oil giant’s biggest single-day gain since April 2023, according to IG.

March 8 — U.S. officials tell The New York Times Iran may be seeking to extract uranium from the underground site at Isfahan’s nuclear facility, which was targeted by U.S. airstrikes last year. Satellite imagery shows excavation equipment and recent earthworks around the tunnel.

March 8 — Israeli officials confirmed early Wednesday morning (Beijing time) that the Israel Defense Forces (IDF) have begun targeting Iran’s oil infrastructure, launching airstrikes on 30 oil tanks in Iran. Intelligence expert @Osinttechnical reported the attack has sent thick black smoke over Tehran. Local residents said the morning rain was black and oily.

Daylight Saving Time (DST) kicks off today, March 8, in North America. Trading hours for U.S. and Canadian financial markets, along with economic data release times, will shift one hour earlier than standard time. Examples: - Gold, Silver, and WTI Crude Oil open at 6:00 Beijing Time; - U.S. stock markets open at 21:30 Beijing Time. Investors please note. (FXStreet)

March 8th — Per Bitget market data, as of the close of traditional markets on March 6th, Brent crude traded at $93.04, while WTI crude stood at $90.90. However, driven by weekend news of production cuts from Middle Eastern oil-producing nations, corresponding contracts on Hyperliquid have posted a notable premium. Currently, Brent crude on the platform is priced at $97.47, and WTI crude at $95.83. A similar dynamic played out last weekend, too. On February 28th, amid full-scale escalation of the U.S.-Iran conflict, on-chain gold tokens like PAXG and XAUT surged sharply—capitalizing on the black swan event while traditional markets were closed. BlockBeats advises users that related assets may see drastic price swings due to force majeure, and investors should exercise caution.