Bitget Stock Contract adds EWT and KWEB, supporting up to 25 times leverage

**March 25 Update** Turkey’s foreign exchange reserves have plummeted amid Middle East tensions, sparking market fears over lira stability. Data shows the central bank has spent roughly $30 billion intervening in the market over the past three weeks to prop up the currency. Analysts warn that under dual pressure from foreign capital outflows and skyrocketing energy costs, Turkey may be forced to sell or use its gold reserves (currently exceeding $100 billion) via swaps to shore up foreign exchange liquidity. The conflict has sent international oil prices soaring, worsening Turkey’s current account deficit and inflationary pressures. Markets widely expect the country could face lira depreciation and interest rate hikes if tensions persist.

**March 25** — Iran is reportedly tightening control over the Strait of Hormuz via a semi-official mechanism, requiring ships transiting the strait to provide a manifest of crew members and cargo, and levying fees on some high-value cargo vessels, according to sources familiar with the matter. The measures mandate approval from Iran’s Islamic Revolutionary Guard Corps (IRGC), with fees typically coordinated via intermediaries. The policy primarily targets oil tankers and liquefied gas carriers. Strait traffic is currently restricted, with a sharp drop in transiting vessels—most of which are linked to Iran or friendly nations. While Iran officially claims the strait remains “open,” actual traffic has yet to return to normal. As a result, several Asian nations face energy supply pressures, including liquefied petroleum gas (LPG) shortages in countries like India. Analysts note that as regional tensions escalate, uncertainty over the Strait of Hormuz—a critical global energy c

March 25th: Per AI Auntie monitoring, the top BTC position holder on Hyperliquid (address 0x94d…33814) actively liquidated 306.4 BTC 10 minutes ago, incurring a loss of $686,000 (position value: $22.01 million). The remaining 694.81 BTC still carries an unrealized loss of $1.37 million, pushing the liquidation price up to $82,395.

March 25: Amid rising U.S.-Iran tensions and dimming expectations for macro liquidity, Bitcoin held above $70,000 on Wednesday, demonstrating strong market resilience. Despite multiple bearish catalysts—including the Fed’s 2024 rate cuts being fully priced in, tighter stablecoin regulation (which sent Circle’s stock lower), and Bhutan’s potential sale of ~$30 million in BTC—the crypto has seen only limited pullbacks and brief dips. Analysts note that price stability amid a flurry of negative news typically signals robust buying demand. Combined with this cycle’s options expiration dynamic, the market could gain momentum to rebound toward $75,000.

According to Lookonchain monitoring data, James Wynn was liquidated again on March 25th amid a market uptrend. Just six hours prior, he had shorted 1.3 BTC with 40x leverage, and now only $1,200 remains in his crypto address.

On March 25, a survey commissioned by the Coinbase Institute found that cryptocurrency is gaining traction with younger generations in the UK—and its supporters aren’t limited to right-wing political parties. Data shows that among UK supporters of left-leaning parties aged 16 to 25, 64% have heard of cryptocurrency and 74% are familiar with Bitcoin—rates higher than those of some right-wing voters. Additionally, 42% of this group believe crypto will have a positive impact on their future finances. While Nigel Farage’s Reform UK has offered vocal backing for the crypto industry, the survey confirms crypto’s appeal crosses party lines. Meanwhile, the UK government is under pressure from the industry to advance crypto regulation; current policymaking involving bodies like the Bank of England is still seen as slow-moving by some in the sector.