News

According to Jinse Finance, SPDR Gold Shares (GLD), the world's largest gold exchange-traded fund (ETF), experienced a staggering net outflow of $2.91 billion on Wednesday. This figure not only set a new single-day outflow record since the fund's inception in 2004, but also marked the largest single-day withdrawal in the past decade.

BlockBeats news, on March 6, Solana ecosystem perpetual contract trading platform Pacifica announced that several of its core metrics have reached new highs. Currently, the platform's cumulative total trading volume has exceeded $131 billions, open interest has reached $69 millions, and the number of active users has surpassed 40,000. The Pacifica hackathon has now attracted more than 130 development teams to register. The competition will officially start on March 16 and last for one month. At that time, winners will receive cash prizes and points rewards. In addition, the first round of rewards for the Pacifica Educator Program has been distributed, with 10,000 points allocated to top content creators to encourage community knowledge sharing and trading education.

Currency market data shows that the probability of the European Central Bank raising interest rates this year has reached 100%, a reversal from a week ago when "the probability of a rate cut was higher than a rate hike." The yield on Germany's two-year government bonds has risen by 30 basis points to 2.30% since last Friday's close, marking its worst weekly performance in three years. Bond yields in the United States, Australia, Canada, and the United Kingdom have also seen similar increases. Lucile Flight, Managing Director of Rates Trading at Barclays, stated that the European Central Bank will take action in response to energy price shocks to maintain price stability.