Gold, Silver, and Oil Start Uptrend, Probability of WTI Crude Oil Breaking $100 Before End of March Rises to 82%

On March 17, South Korea’s Financial Supervisory Service (FSS), Korea Customs Service (KCS), nine domestic credit card companies, and the Credit Finance Association signed a joint public-private memorandum of understanding (MOU) to intercept cross-border crime funds linked to cryptocurrency and illegal foreign exchange activities. The MOU targets cutting off channels for illegal overseas fund transfers and forex transactions via crypto. Under the agreement, the parties will integrate overseas credit/debit card usage records with entry-exit data, then conduct linked analysis to identify and block abnormal transactions tied to voice phishing and cryptocurrency-related crimes. Previously, the KCS and individual card firms operated with siloed information, creating major limitations in detecting suspicious activity. The Credit Finance Association will act as a central coordination hub for information sharing and will run a regular practical implementation mechanism.

March 17 — Per Hyperinsight monitoring data (via t.me/HyperInsight), the Abraxas Capital sub-address (0xb83d...) executed a margin adjustment on its CL (WTI crude oil) short position in the past hour, adding 25,100 CL contracts valued at ~$2.91 million. Post-adjustment, the address’s total CL short position stands at ~$14.96 million, with its average entry price rising passively from $92.88 to $93.39. CL is currently trading at $96.72, leaving the position with a floating loss of ~$514,300 (a 6.48% loss). Its liquidation price is set at $144.39. The address was previously Hyperliquid’s largest contract whale, with a peak position size topping $900 million. On-chain data shows it now holds 34,000 BTC (~$2.34 billion) and executes large trades on the Hyperliquid platform.

On March 17, Israeli media reported that the Israeli military targeted Iran’s Supreme National Security Council Secretary Ali Shamkhani. The military is verifying whether he was killed, and Iran has not yet confirmed the incident. (IG)

March 17th — Analyst Ali Charts updated his market outlook this morning, noting Ethereum has broken above the $2152 resistance level, officially shifting to a bullish trend. The next target prices for ETH are set at $2337 and $2538.

On March 17, Web3 wallet brand SafePal announced its official integration with Polymarket, enabling users to engage in prediction market trades directly within the SafePal App using their EVM assets held in the wallet—no KYC required, and no need to redirect to the Polymarket DApp. This native integration seamlessly merges prediction market trading with crypto asset management, delivering a smoother experience without compromising self-custody. What’s more, SafePal hardware wallet users can explore Polymarket’s market opportunities securely, as their private keys remain fully in cold storage—balancing both security and convenience. Looking ahead, SafePal also plans to push Polymarket-related market trends directly to the App’s news section and gradually support non-EVM assets, allowing users to stay on top of market dynamics and jump into prediction market trades instantly right within the wallet.

March 17 (Tasnim News Agency, Iran) — A spokesperson for Iran’s Parliamentary Energy Committee has stated that the country’s oil exports remain uninterrupted.