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Iran: Determined to Retaliate with Deterrence Equal to Threat

2 hours ago

March 23 Iran’s Islamic Revolutionary Guard Corps (IRGC) stated it is determined to respond to any threat with deterrent force commensurate to the threat. In a warning to the U.S. military, the IRGC added: “If you target our power facilities, we will target your power facilities.”
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Global Markets Remain Under Pressure, Cryptocurrency and Precious Metals Accelerate Decline

March 23 – Per HTX market data, Bitcoin has fallen below $68,000, last trading at $67,874, down 1.88% over the past 24 hours. Total network liquidations over the past 4 hours reached $86.29 million, driven primarily by long positions. On-chain gold liquidations hit $28.22 million, exceeding BTC’s $21.11 million in liquidations. Per Bitget market data, international spot gold and silver tumbled sharply: spot gold briefly dropped below $4,200 an ounce, while spot silver fell below $62 an ounce at one point. Japanese and South Korean stock markets slid sharply. U.S. S&P 500 futures were down 0.7%, Nasdaq 100 futures fell 0.8%, and Dow Jones futures were off 0.6%.

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Korean Whale Sees Significant Pullback: Whale Holding $5M in On-Chain Korean ETF Faces Major Withdrawal, 4.1% Away from Liquidation

March 23 — Per Hyperinsight monitoring (via https://t.me/HyperInsight), South Korea’s stock index plunged 6.7% today, briefly triggering a circuit breaker. As a result, the EWY (iShares Korea ETF synthetic asset) listed on Trade.xyz via the Hyperliquid platform saw a sharp drop, currently trading at $122.5 with a 24-hour decline of 4.2%. EWY’s largest on-chain long position (address: 0x629) took the biggest hit: the position momentarily dropped to -83%, with a $5.5 million size, an average entry price of $128.9, a liquidation price of $117.7, and 4.1% of the position liquidated.

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Bitcoin Drops Below $68,000

Bitcoin dropped below $68,000 on March 23, per HTX market data, and is currently trading at $67,875—down 1.89% in the past 24 hours.

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Spot Gold Falls Below $4200 per Ounce

On March 23rd, per Bitget market data, spot gold has fallen below $4,200/oz for the first time since Dec 10 last year, with an intraday drop of over 6%. New York gold futures also slipped below $4,200/oz, logging an 8.23% intraday decline.

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Insider: Another Wei Rejoins OKX, Taking the Role of President's Office Strategy Lead

March 23, 2025 — CryptoUnchained, a prominent crypto influencer, reported that Vichy Gao has returned to OKX, joining the President’s Office in a strategic role. Earlier reports note that Gao left OKX in July 2024, joined BNB Chain in August 2024, and resigned from her position as BNB Chain Ecosystem Development Director in February 2025. Gao’s background includes stints as a best-selling author, travel blogger, NBA commentator, and auditor at PwC.

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Geopolitical Tensions Escalate Market Concerns, Stock Markets in Japan and South Korea Experience Sharp Decline

March 23 (Monday) Escalating US-Iran tensions fueled market anxiety, driving sharp declines in Japanese and South Korean stock markets on Monday. Per Bitget market data: - South Korea’s KOSPI index closed down 375.45 points (6.49%) at 5,405.75 on March 23. - Japan’s Nikkei 225 index finished the session down 1,857.04 points (3.48%) at 51,515.49.

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