Track the evolution of major financial and economic events
Ethereum experienced a significant surge, surpassing $2,250 following President Trump's announcement of easing geopolitical tensions. However, the cryptocurrency faced selling pressure after Trump's warnings of resumed fighting. Meanwhile, senior executives from digital asset firms gathered to discuss Ethereum's role as a core layer of future financial infrastructure.
The U.S. Securities and Exchange Commission (SEC) admitted to 'flaws' in its past enforcement actions regarding cryptocurrencies and dismissed seven cases, including those against Binance and Coinbase. This comes after crypto-related fraud losses hit a record $11.4 billion in 2025, with Americans aged 60 and older accounting for $4.4 billion of those losses. The market is also witnessing potential legislative moves that could impact cryptocurrency regulation in the U.S.
On April 8, Privy integrated the Uniswap API to enable native token swaps across 18 different blockchains, allowing developers access to over $4.3 trillion in DEX liquidity. Uniswap Labs also launched Continuous Candlestick Auctions (CCA) on its web interface for token discovery and bidding. On April 12, the Aave proposal passed, unifying protocol and application revenue under a single asset, the AAVE token.
On March 27, Thunes enabled stablecoin payouts for 11,500 banks globally using Ripple's XRP Ledger. Ripple is positioned as a technical partner building a global payment 'super-highway' integrating with traditional banking systems. On March 31, Ripple expanded its partnership with Hyperliquid to include on-chain perpetual contracts for traditional commodities, providing institutional clients blockchain-based exposure to gold, silver, and oil. Additionally, Ripple may soon shed the 'conditional approval' label and operate as a fully licensed National Trust Bank in the US.
The SIREN token surged by 340% in a single week, reaching a market valuation of $1.8 billion. A single wallet cluster controls 88% of the total token supply. This dominant wallet cluster holds nearly $1 billion in unrealized profits.
On March 20, Kalshi raised over $1 billion in its latest funding round, doubling its valuation to $22 billion. The funding round was led by Coatue. On March 27, Kalshi was approved for margin trading, but Washington's attorney general sued the company for running an illegal gambling operation.
SEC Chair Paul Atkins signaled a shift toward a legislative framework for crypto. On March 19, he stated that the agency's interpretation of crypto laws is a beginning, not an end, and that it would defer to a market structure bill if passed. Nasdaq received SEC approval to move stocks onchain, opening the door to leverage blockchain benefits. On March 23, 18 crypto tokens were classified as digital commodities, indicating a broader regulatory shift in the U.S.
On March 18, LayerZero announced the integration of the Cardano network, connecting it to over 160 blockchains. This integration allows Cardano to interact with major networks like Ethereum, Solana, and Aptos. Cardano founder Charles Hoskinson highlighted the significance of this development via social media. On March 27, Hoskinson called the Midnight project 'next-gen cryptocurrency' and Midnight secured a major deal with UK-based digital bank Monument to tokenize £250 million in customer deposits.
Bitcoin stabilized above $74,500, supported by steady spot demand and increasing institutional ETF inflows. On the same day, Donald Trump criticized NATO allies for their lack of support regarding the Iran conflict. Additionally, Mastercard announced its acquisition of the stablecoin startup BVNK.
Zcash (ZEC) surged over 25% on Tuesday, outperforming the broader cryptocurrency market. The price of ZEC briefly reached a daily high of $288. The price action confirmed a bullish reversal pattern, setting the stage for a potential test of the $300 level.
T. Rowe Price has filed an amended SEC application for an actively managed crypto ETF, including meme coins like Dogecoin and Shiba Inu. In related news, 21Shares launched the TDOG ETF, the first Dogecoin Foundation-backed ETF, on Nasdaq. Additionally, Shiba Inu's price saw a 76% increase in netflow. Meanwhile, Bitmine has increased its Ethereum holdings to 71,179 ETH.
On March 15, MetaMask, with over 100 million users, officially launched the MASK token via a free airdrop to eligible holders. On the same day, the Phantom wallet team launched the WAR token on the Solana blockchain, available for claim by SOL holders and wallet users. On March 26, CZ-owned Trust Wallet launched the AI Agent Kit infrastructure, allowing AI agents to execute crypto transactions across more than 25 blockchains. On March 29, Gnosis and Zisk announced the 'Ethereum Economic Zone' rollup framework with co-funding from the Ethereum Foundation.
HSBC and a joint venture led by Standard Chartered are expected to secure stablecoin licenses in Hong Kong. The Hong Kong Monetary Authority has received 36 applications under the new regulatory framework, with approvals potentially announced by March 24, 2026. Meanwhile, major companies like Mastercard and PayPal are expanding their stablecoin-related services, reflecting a growing interest in this sector.
Solana is preparing to launch the Alpenglow upgrade aimed at reducing transaction finality time to 150 milliseconds. The new updates include a simplified consensus protocol, and Solana has started listing over 200 tokenized stocks for Wall Street. Goldman Sachs led a $107 million investment into Solana ETFs. However, Solana faced challenges with price declines and emerging risks in the market.
Bitcoin exchange reserves have hit their lowest level since 2019, with long-term holders controlling approximately 14.5 million BTC. Meanwhile, other cryptocurrencies like XRP and Ethereum have seen notable increases, with trading volumes surging in the crypto markets. However, the market remains under pressure due to geopolitical tensions and rising oil prices, affecting investor sentiment.
On March 12, the Hyperliquid network recorded a new ATH in usage with 11.1 billion weekly transactions, breaking above the key resistance level of $35. Price predictions target a move to $50 following this breakout. On March 19, the crypto market saw $458 million in liquidations within 24 hours, wiping out a Hyperliquid whale. By March 20, HYPE flipped Cardano (ADA) in market cap and gained around 21% this week, trading near the $40–$43 range.
US-based spot XRP ETFs have experienced $1.4 billion in inflows since their launch. Ripple CEO Brad Garlinghouse expressed optimism regarding the performance of these ETFs. This figure indicates strong investor interest in the market.
On March 12, Hyperliquid's oil-linked perpetual contracts surpassed $1 billion in trading volume. This surge comes as crude oil prices are spiking toward $100 per barrel amid turmoil in the Middle East. Hyperliquid has emerged as a hub for trading tokenized essential assets, including oil and metals.
Solana's price rallied over 17% in two days as the broader crypto market recovered. However, the price has fallen 57% since the launch of its ETFs, testing critical support at $80. Despite this, Solana ETFs have attracted $1.5 billion in inflows since their launch, indicating strong institutional interest despite the disconnect between market performance and inflows.
Bitcoin has experienced significant price movements, starting a major increase on February 26, surpassing the $68,000 level. However, it is struggling to break the $70,000 resistance level, which could lead to a correction if it fails. On March 5, Bitcoin surpassed the $71,000 mark, reaching its highest level since February 8, 2026, driven by a shift in macro sentiment and positive market dynamics.
The crypto market has experienced significant institutional inflows and regulatory developments. After Bitcoin's price fell below $65,000, it reclaimed this level following panic selling. The upcoming CLARITY Act in the U.S. is expected to provide regulatory clarity, potentially triggering a new growth wave in the market. Coins like XRP, Solana, and Dogecoin are seen as top candidates for growth with the arrival of new regulations.
Ripple CEO Brad Garlinghouse expressed optimism about the potential passage of a US crypto bill. On March 1, he stated that a deal regarding the CLARITY Act may be imminent, as the door for negotiations is open.
On February 23, Bitmine increased its Ethereum holdings to 4.42 million ETH, controlling 3.66% of the total circulating supply. By March 2, the holdings rose to 4.47 million ETH, representing 3.71% of the total supply. On March 9, the company further increased its treasury to 4.535 million ETH, despite the ongoing 'mini-crypto winter'.
The Bitcoin market is facing challenges amid ETF dynamics and price fluctuations. US spot Bitcoin ETFs recorded five consecutive weeks of net outflows, totaling $3.8 billion during this period. Last week alone saw $315.9 million leaving the ETFs, pushing Bitcoin's price down to around $67,349, leaving buyers approximately 20% underwater relative to previous cost bases.
