Gate News Report: On March 25, the U.S. Energy Information Administration (EIA) released data showing that U.S. crude oil inventory increased by 6.926 million barrels for the week ending March 20, far exceeding market expectations of 0.477 million barrels, with the previous value at 6.156 million barrels. Crude oil inventory in Cushing, Oklahoma (the main U.S. crude oil delivery point) increased by 3.421 million barrels, with the previous value at 0.944 million barrels. Strategic petroleum reserve inventory remained at 0 million barrels, with the previous value at 0 million barrels.
Gate News bot Message, according to Gate official announcement
Gate Contract Stock Zone has launched EWT and KWEB perpetual contracts for live trading, with both contracts supporting USDT settlement and offering 1-20x leverage for long and short positions.
EWT (iShares MSCI Taiwan ETF) tracks the MSCI Taiwan 25/50 Index, traded in USD, covering quality large-cap and mid-cap stocks in Taiwan. KWEB (KraneShares CSI China Internet ETF) tracks the CSI Overseas China Internet Index, holding core Chinese internet assets listed overseas.
Both perpetual contracts are now open for trading, and users can select their desired leverage multiple when placing orders.
Marshall Islands-based basic income project company M1X Global completed a $3 million fundraising round, with investors primarily being executives from the cryptocurrency and financial sectors. The funds will be used to develop the USDM1 digital sovereign bond, which will support local residents' participation in the UBI program. The bond is scheduled to launch on the Stellar blockchain in December 2025.
A certain CEX pushes market data directly on-chain through Chainlink Data Link services, covering order book and derivatives data. This integration provides high-quality benchmark data for DeFi and traditional finance, promoting the development of the financial system.
Gate News reported that on March 25, GMX DAO announced on the X platform that it repurchased 18,500 GMX tokens for approximately $120,000 between March 18-24, with an average price of approximately $6.49. Since launching the repurchase plan on March 5, GMX DAO has cumulatively repurchased 48,280 GMX tokens with total investment of approximately $320,000 and a comprehensive average price of approximately $6.63.
