Gate News Alert: On March 23rd, according to CoinAnk data, the entire network experienced $250 million in liquidations over the past 24 hours, with long position liquidations accounting for approximately $194 million and short position liquidations accounting for approximately $55.92 million. By cryptocurrency, Bitcoin liquidations were approximately $77.92 million, and Ethereum liquidations were approximately $49.09 million.

Gate News report: On March 23, Allium Labs data showed that since July 2025, the stablecoin balance on South Korea's top five crypto exchanges has declined from approximately $575 million to approximately $188 million, a decrease of about 55%. As the Korean won-to-US dollar exchange rate fell below the 1,500 mark in mid-March, the pace of capital outflows accelerated further.

Gate News 📰 On March 23rd, according to Gate market data, as of press time, TRIA (Tria) rose 33.5% in 24 hours, currently trading at $0.04949; hitting a high of $0.0508 and a low of $0.0358, with 24-hour trading volume reaching $35.9272 million. Tria is a cross-chain routing engine with a self-custodial crypto neobank at its core. The platform enables users to spend, stake, and exchange across 200+ chains — with no gas fees, no seed phrases, no stress. One app, every chain, zero complexity. Tria offers multiple core features: Users can spend digital assets across 150+ countries through the Tria card, supporting recharges of over 1,000 tokens, with no custodial intermediaries.

Gate News report: On March 23rd, Grayscale has submitted an S-1 application to the US SEC, planning to launch the Grayscale HYPE ETF (ticker: GHYP). The fund aims to track the spot price of the Hyperliquid (HYPE) token and is proposed to be listed on Nasdaq, with custody services provided by a certain CEX. The filing shows that the fund currently does not offer HYPE staking functionality, but has reserved the possibility for staking in the future upon meeting specific conditions.

Gate News reported that as of March 23rd, according to DeFiLlama data, the total market capitalization of stablecoins in the crypto market reached $316.268 billion last week, an increase of $34.422 million from the previous week, representing a week-on-week growth of 0.12%. Among them, USDT maintained its dominant position in the stablecoin market with a market cap share of 58.23%.

Gate News Report: On March 23rd, according to Gate's market data, as of press time, RIVER (River) is trading at 30.34 USD, up 19.13% in the past 24 hours, with a high of 32.00 USD and a low of 24.57 USD, with 24-hour trading volume reaching 53.10 million USD. The current market cap is approximately 595 million USD, ranking 100th. River is the first chain-abstracted stablecoin system that connects cross-ecosystem liquidity through omni-CDP technology. Users can deposit assets on one chain and natively mint satUSD stablecoins on another chain without requiring cross-chain bridges. satUSD is backed by over-collateralization from liquid staking tokens (LST) such as BTC, ETH, BNB, and is protected through real-time liquidation, on-chain arbitrage, and five-layer risk control.

スカイブリッジ・キャピタルの創設者アンソニー・スカラムッチは、ビットコインの現在の弱気市場は4年周期理論によって説明できると述べており、長期保有者が10万ドル付近で集中して売り圧力をかけていると指摘しています。彼は、ビットコインは2026年第四四半期に再び上昇を始め、新たな強気市場サイクルに入ると予測しています。機関投資家やETFの資金流入は4年周期のパターンを抑制していますが、その規則性を完全に排除しているわけではありません。

Gate News Alert: On March 23, Onchain Lens monitoring showed that Sky co-founder Rune opened a new 20x leverage long position in $GOLD (gold) during a price decline at $GOLD . At the same time, Rune is closing out a previously held $SP500 position.

South Korea's President has nominated Shin Hung-song, Director of the Monetary and Economic Department at the Bank for International Settlements, to serve as Governor of the Bank of Korea. He has previously expressed concerns about Korean won stablecoins, believing they could lead to capital outflows and impact financial stability. There is external interest in how his stance on stablecoins may evolve after taking office.

Gate News report: On March 23rd, according to Alternative.me data, the Cryptocurrency Fear and Greed Index fell to 8 today, further declining from yesterday's 10. The index indicates that the market is currently in a state of extreme panic, with panic sentiment continuing to deepen.