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23:40
Overview of Major Overnight Developments on March 15
21:00 (UTC+8) - 7:00 (UTC+8) Keywords: Iran, BitMine, STRC1. Iranian Foreign Minister: Supreme Leader Mojtaba Khamenei is currently in office;2. Sources say both the US and Iran have no intention of a ceasefire, and the Middle East conflict may persist;3. Michael Saylor: The core of digital credit theory is to acquire bitcoin and issue credit;4. Ethereum Foundation sold 5,000 ETH to BitMine, worth approximately $10.22 million;5. Iran: The Strait of Hormuz is closed only to oil tankers and ships belonging to "hostile countries and their allies";6. Analysis: STRC set a single-day trading volume record of $745 million this week, which may correspond to the purchasing power of about 5,000 bitcoin.
23:07
Ripple network usage surges, but price drops
Jinse Finance reported that on March 15, Ripple Network's daily payment transaction volume surged to 2.7 million, the number of Automated Market Maker (AMM) liquidity pools jumped to 27,000, and the value of tokenized assets increased by 35% over the past 30 days. However, the price of XRP has still dropped by 26% this year, highlighting the widening gap between network usage and price.
21:00
S&P: Saudi Arabia Has the Capacity to Withstand the Impact of the Iran Conflict
Golden Ten Data reported on March 15 that S&P Global Ratings has affirmed Saudi Arabia's sovereign credit rating, adding that despite disruptions, the momentum of non-oil growth and related non-oil revenues should help support the economy. S&P stated that Saudi Arabia should be able to withstand the impact of the current Iran conflict. According to S&P, the country should be able to redirect oil exports to the Red Sea, leverage its vast oil storage capacity, and increase oil production after the conflict. The Saudi government should also be able to adjust investment expenditures related to the "Vision 2030" initiative, a strategic framework launched by the country in 2016.
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