Gate News bot message, according to the official Gate announcement on March 11, 2026 Gate's Commodities Zone will launch the NG (Natural Gas) perpetual contract for spot trading at 17:30 (UTC+8) on March 11, 2026. The contract will be settled in USDT and support 1-20x leverage for both long and short positions. NG (Natural Gas) is a widely used energy source that powers electricity generation, heating, and industrial production worldwide. The perpetual contract trading pair is NG/USDT, and leverage can be selected at the time of order placement.

Gate News Announcement: On March 11, the dYdX Foundation initiated an on-chain vote proposing to close 16 markets: PROVE, BRETT, ES, PROMPT, TREE, AERGO, ID, LUNC, ENJ, GALA, THETA, AIXBT, XTZ, STEEM, GAS, and NOT. The voting will end on March 13, 2026, at 14:21.

On March 11, the on-chain address 0x17c... continued to increase its WTI crude oil short positions, adding approximately 190,006 CL short contracts, valued at $15.6 million. Currently, the short position totals $24.3 million, with an unrealized profit of $150,000, making it the largest on-chain short holder. The address also holds $1.43 million in natural gas short contracts.

Circle announces the launch of the Circle Nanopayments testnet, supporting transfers of as little as $0.000001 USDC with no Gas fees, aiming to provide a payment infrastructure for the Agent economy. Using off-chain transaction aggregation and delayed on-chain settlement, developers can enable various payment scenarios. The solution has been deployed on multiple testnet chains.

A Vice President of Tax at a certain CEX pointed out that the IRS's new regulation 1099-DA is overly complicated, requiring the reporting of small transactions such as stablecoin trades and Gas fees, which may lead to over-reporting and increase administrative burdens for cryptocurrency holders.

The Strait of Hormuz has almost completely halted shipping activities due to escalating Middle East tensions, with only two cargo ships passing through. One sanctioned liquefied gas tanker successfully transited, which is believed to potentially trigger more similar vessels to take risks and pass through, leading to severe challenges in energy transportation.

Short-selling firm Culper Research announced that it is shorting Ethereum and related securities, believing that the Fusaka upgrade in 2025 will harm the ETH tokenomics model. The upgrade resulted in a larger-than-expected decrease in Gas fees, and on-chain data shows that the growth in active addresses and transaction volume is driven by low-value transactions. Culper believes Vitalik is aware of this and will continue to sell ETH, expecting ETH prices to decline further.

The closure of the Strait of Hormuz has led to rising energy prices, with Brent crude reaching $83 and natural gas up 50%. The South Korean stock index KOSPI fell 20% due to the impact. Bitcoin performed strongly, possibly indicating a shift in risk appetite. The market expects continued volatility, with all parties pressuring Iran to open the strait.

PANews March 4 News, stablecoin issuer Circle announced that its ultra-micro payment service "Nanopayments" is now live on the testnet, supporting ultra-micro USDC transactions as low as $0.000001, with zero Gas fees and AI agent support.

ChainCatcher News: Stablecoin issuer Circle announces that its micro-payment service "Nanopayments" is now live on the testnet, supporting ultra-small USDC transactions as low as $0.000001, with zero Gas fees and AI agent support.