News

Golden Ten Data Futures reported on March 16 that on Monday, March 16, the Baltic Dry Index (BDI) continued its upward trend, supported by rising Capesize vessel freight rates. The Baltic Dry Index increased by 10 points, or 0.5%, to 2,038 points compared to the previous trading day. The Capesize Index (BCI) rose by 47 points, or 1.6%, to 2,927 points. The average daily earnings for Capesize vessels increased by $419, reaching $23,040. The Panamax Index (BPI) fell by 2 points, or 0.1%, to 1,836 points. The average daily earnings for Panamax vessels decreased by $18, reaching $16,528. The Supramax Index (BSI) dropped by 15 points, or 1.2%, to 1,268 points. The Handysize Index (BHSI) fell by 19 points, to 788 points.

BlockBeats News, March 16, according to Coindesk, T. Rowe Price has filed a second amendment for its actively managed cryptocurrency ETF, which will track a variety of assets including Bitcoin, Ethereum, Ripple, Litecoin, and SHIB.

BlockBeats news, on March 16, Greeks.live researcher Adam posted on social media that the quarterly options expiring at the end of the month now account for more than 40% of open positions. The $75,000 call option single contract accounts for more than 5%, which can be described as an unprecedented concentration, with everyone betting on $75,000. The Gamma wall and Gamma concentration mean a unified gathering of market views. When everyone is on the same side, either the collective force pushes the market in the desired direction, or there is a large-scale collapse.