Musk's social media platform X submitted a remediation plan under pressure from the European Commission, following a €120 million fine for violations including "blue label certification." The EU pointed out issues with X's paid verification, insufficient advertising transparency, and non-compliant data access.

Gate News Report: On March 13, most stocks in the US crypto sector rose at market opening. In the past 24 hours, MARA rose 8.5%, CIFR rose 7.7%, CRCL rose 5%, MSTR rose 3.9%, COIN rose 2.1%; BTGO fell 1.8%, GEMI fell 0.6%.

Gate News Update: On March 13, Coinglass data shows that the entire network liquidated $95.98 million in the past hour. Among these, short position liquidations amounted to $92.41 million, while long position liquidations amounted to $3.58 million. By cryptocurrency, BTC liquidations reached $40.96 million, and ETH liquidations reached $40.16 million, with the two combined accounting for 84.4% of total liquidations.

Gate News Report: On March 13, prediction market platform Opinion announced the launch of a liquidity incentive mechanism. Effective immediately, the platform will allocate 50% of the transaction fees from each successful order to users who provide liquidity for that order, aiming to incentivize liquidity provision and optimize market depth. This mechanism is designed to attract more liquidity providers to participate in market making and further enhance overall market activity.

Bitcoin rose approximately 2% on March 13, breaking through $72,000 despite strong US dollar and weaker US stock futures. Cryptocurrency futures open interest across the market increased, with Bitcoin and Ethereum showing particularly strong performance. Meanwhile, Trump-themed Meme coin TRUMP surged over 30%.

On March 13, Gate platform's Gold (XAUT) 24-hour futures trading volume reached $56.2331 million, with a month-over-month increase of 32.07%, ranking third globally; Silver (XAG) trading volume was approximately $153 million, also ranking third globally. The 24-hour highest prices for gold and silver were $5148.8 and $87.45 respectively.

ในช่วงที่ธนาคารกลางสหรัฐฯ จะประชุม FOMC สภาพคล่องในตลาดสินเชื่อเอกชนของสหรัฐฯ ตึงตัวขึ้น หลายกองทุนจำกัดการไถ่ถอนของนักลงทุน ซึ่งอาจก่อให้เกิดปฏิกิริยาลูกโซ่ นำเงินไหลออกไปยังสินทรัพย์ที่มีสภาพคล่องมากกว่า เช่น บิตคอยน์และอีเธอเรียม ความเสี่ยงในตลาดเพิ่มขึ้น จึงต้องติดตามทิศทางนโยบายของธนาคารกลางสหรัฐฯ และการเปลี่ยนแปลงของการไหลของเงินทุน

Gate News bot message: According to Gate official announcement on March 16, 2026 Gate platform announced adjustments to the lending functions of MBG by Multibank Group (MBG). Starting from March 16, 2026 at 16:00 (UTC+8), the platform will close new lending functions in unified account spot margin, collateral lending, and isolated margin leverage businesses. For users with outstanding loans, the platform requires repayment to be completed before March 17, 2026 at 16:00 (UTC+8). Overdue loans will be automatically settled and repaid by the system at that time point. The platform stated that this adjustment is based on a regular project review mechanism, aimed at optimizing trading experience and safeguarding user asset security. Spot trading functions are not affected.

Into The Cryptoverse founder Benjamin Cowen analyzes that Bitcoin has displayed typical bear market characteristics, with the current price structure similar to historical bear markets. Although some market views still predict this is a bull market correction, he points out that Bitcoin faces a risk of rapid decline, and recent price levels are comparable to 2017, which may not be the bottom.

On March 13, an investor invested $3,700 on the Polymarket platform, betting that the United States will escort commercial ships through the Strait of Hormuz by April. U.S. Treasury Secretary Bessent stated that escort operations will be based on military conditions and international coalition cooperation, requiring air superiority first. The trader may be conducting short-term profit-taking and stop-loss operations strategically.