US Stocks Open Higher, Cryptocurrency Stocks Surge, BMNR Up 7.79%

March 13 – Bitget market data shows spot gold posted a short-term plunge, with intraday volatility exceeding $40. It is currently trading at $5,042 per ounce. Spot silver also slid sharply in the short term, dropping below $81 per ounce with an intraday decline of 3.46%. New York Comex silver plummeted 5.00% on the day, last trading at $80.85 per ounce.

On March 13, the Wall Street Journal reported that two U.S. officials said the Pentagon is deploying a Marine Expeditionary Unit (MEU) to the Middle East as Iran ramps up attacks on the Strait of Hormuz. The officials noted Defense Secretary Haggis approved a request from U.S. Central Command to deploy the unit, which typically includes up to 2,500 Marines. The move comes amid Iran’s strikes that have nearly paralyzed shipping through the strategic waterway—disrupting the global economy, pushing up gasoline prices, and posing a major military and political challenge to former President Trump. A Pentagon spokesperson declined to comment.

On March 13th, U.S. President Donald Trump said the economy will rebound immediately once the Iran war ends. (Xinhua)

March 13: Thomas Ranja, the European Commission’s spokesperson for digital economy affairs, told reporters at a press conference on March 13 that American entrepreneur Elon Musk’s social media platform X has submitted a remediation plan for its “Blue Checkmark Certification” to the European Commission. On December 12, 2025, the European Commission issued its first non-compliance ruling under the Digital Services Act (DSA), slapping X with a €1.2 billion fine. The EU accused X of three key violations: its Blue Checkmark Certification is only available via payment, making the platform’s interface misleading to users; its ad library fails to meet transparency and accessibility requirements; and X has not provided eligible researchers with access to the platform’s public data as required. (Source: Jinse)

March 13: Bank of America said the Federal Reserve (Fed) will need to address another supply shock—rising oil prices. In the Summary of Economic Projections (SEP) due ahead of the Fed’s March meeting, overall and core inflation forecasts are likely to be revised higher. Per the Bank of America report: “If long-term growth expectations are also revised up, we expect the median dot plot for long-term interest rates to edge slightly higher.” In this scenario, the bank expects Fed Chair Jerome Powell to acknowledge stagflation risks while stressing a cautious approach. (FXStreet)

March 13 — Market sources report an explosion was recorded in Dubai. Earlier today, BlockBeats noted UAE authorities confirmed the area was targeted by 7 missiles and 27 drones last Friday. On the same day, Abu Dhabi National Oil Company (ADNOC) set April’s official selling price for Murban crude at $69.45 per barrel. Separately, crypto influencer “Late Night Cat” disclosed some Middle Eastern family offices have recently reached out to Singapore about relocating funds to the city-state. Several Dubai-based family offices have also begun discussing landing arrangements. However, those funds entering Singapore still require compliance procedures, including background checks by the Monetary Authority of Singapore (MAS).