March 20 Update: Monitoring shows that a whale opened a position with 40x leverage when Bitcoin briefly dipped below $69,000, rapidly accumulating a position worth $2.89 million at an average price of $68,896. The position currently shows unrealized gains of approximately $66,000, representing a return rate of 89%. The whale has set a stop-loss order and plans to close the position at breakeven at $69,000.

The U.S. Ninth Circuit Court of Appeals rejected Kalshi's emergency motion, allowing Nevada to continue enforcing a temporary restraining order against its sports event contracts business. Kalshi is prohibited from operating for the next 14 days. This incident may trigger jurisdictional disputes between federal and state law and impact the development of prediction markets.

Figure co-founder Mike Cagney announced the launch of the Figure Forge service, which aims to turn blockchain-native loans and other RWAs into participation tokens. The service will be used in the Democratized Prime DeFi market and will offer additional yields through the Hastra protocol, with the liquidity limit order book funded by Figure.

Gate News reports that on March 20th, the official interface displayed that Polymarket's prediction function in certain sections appears to be down, with order books showing discrepancies from actual conditions. Trading, prices, positions, and balances may experience delays. Users are advised to trade with caution.

JPMorgan report indicates that decentralized exchange Hyperliquid is attracting an increasing number of non-crypto traders, particularly when Middle East tensions escalated, crude oil trading volume surged significantly, becoming the third-largest trading product, reflecting rising market demand for 24/7 trading of traditional assets. Hyperliquid employs an on-chain order book model, providing a more precise trading experience.

2026-03-18 11:15 to 11:30 (UTC), BTC recorded a -0.48% return within 15 minutes, with a price range of 73570.9 to 74008.0 USDT, and amplitude reaching 0.59%. The market exhibited increased volatility characteristics during this period, drawing investor attention to the causes of short-term movements. The main driving force behind this movement is the release of short-term selling pressure and changes in liquidity. If large-scale BTC transfers occur on-chain, and spot and futures trading volumes surge, it may trigger short-term market selling, especially in the context of sell-side dominance and weakened order book liquidity.

Gate News bot message, a wallet associated with Rudy Kadoch (@KadochRudy) made its first deposit of $3 million USDC into HyperLiquid and purchased 50,330 HYPE tokens for $2.018 million. The wallet maintains an open order to acquire additional HYPE tokens worth $981,987.

4Heal Technology announced the completion of a million-dollar strategic funding round led by AI MOXA Group. The funds will be used for the development of Web3 AI health intelligent agents, wearable devices, and a decentralized health data platform, while supporting the commercialization of de-identified health data and new product research and development. This marks 4Heal's successful validation of its business model and receipt of its first pre-sale orders.

Gate News reports that on March 17, an address starting with 0xa95 opened a BTC long position with 40x leverage within the past hour, increasing the position to a total of $4.1 million, with an average entry price of $74,398, and a liquidation price of $73,463. Currently, this position has an unrealized loss of approximately $13,000, representing a 13% loss. Additionally, within the past 10 minutes, the address placed a market stop-loss order close to the liquidation price, with the stop-loss set at $73,468.

Encyclopaedia Britannica and Merriam-Webster have sued OpenAI, accusing it of using nearly 100,000 articles without permission to train ChatGPT, thereby infringing on copyrights and trademarks. OpenAI responded by stating that its training was conducted under fair use. The case seeks damages and an order to cease the infringing activities.