News

LME's six major metals all fell across the board, with LME aluminum futures dropping more than 8% at one point! High oil prices suppress demand, combined with record inventories, and the market is repricing the outlook for industrial metals.

9:00 PM - 7:00 AM Keywords: Worsh, Iran, ECB, Kalshi 1. Kalshi raises over $1 billion at a $22 billion valuation. 2. Fed investigation stalls, casting uncertainty on Worsh's succession. 3. ECB: Maintains three key interest rates unchanged, in line with market expectations. 4. US eases capital requirements for large banks, potentially freeing up billions for lending. 5. Iranian Foreign Minister: Iran will show no further restraint if infrastructure is attacked again. 6. JPMorgan: Hyperliquid crude oil contract trading volume surged to $1.7 billion over the weekend, with non-crypto investors flocking in. 7. Progress made in crypto market structure negotiations, but still in a 'delicate state'; unexpected path forward emerged during the meeting.

BlockBeats News, March 20, the U.S. Treasury Department announced the issuance of a new Russia-related General License, which mentions that it will allow the delivery and sale of Russian-origin crude oil and petroleum products that were loaded onto vessels prior to March 12. The authorization is valid until 12:01 a.m. Eastern Time on April 11, 2026. Although the key terms remain consistent with the license issued earlier on March 12, Thursday's waiver explicitly excludes transactions involving North Korea, Cuba, and Crimea. The temporary easing of sanctions on Russian oil is part of the Trump administration's efforts to dampen energy prices driven higher by the Middle East conflict. (Jinse)