The crypto market just took a major hit, losing nearly $500 billion in a single day, marking a 10% drop. Historically, March has been a tough month for crypto, with losses recorded 50% of the time since 2013. However, this time could be different.
Several key events are lined up that might shape the market. Here’s what’s coming.
The Commodity Futures Trading Commission (CFTC) will kick off the month with a forum on tokenized assets and stablecoins. The event will explore a pilot program for “tokenized non-cash collateral,” which includes stablecoins and similar digital assets.
Companies like Circle, Coinbase, Crypto.com, MoonPay, and Ripple will participate. More details will be shared once the agenda is confirmed.
Next in the line, we have one of the most anticipated events, the White House Crypto Summit hosted by President Donald Trump. Trump has recently made headlines with his pro-crypto stance, including talk of establishing a U.S. Crypto Strategic Reserve.
The summit will bring together major crypto leaders, policymakers, and financial experts to discuss the country’s role in digital assets.
Regulation has been a hot topic in the crypto world, and between March 10 and 14, the Senate Banking Committee will vote on a stablecoin bill. However, the bill is all about creating clear rules for stablecoins.
It focuses on keeping users safe, reducing risks to the financial system, and stopping illegal activities. If passed, this bill could bring more clarity to the legal status of stablecoins in the U.S.
The Securities and Exchange Commission (SEC) will hold its first crypto roundtable on March 21. The meeting will likely focus on rules for crypto, market stability, and how digital assets fit into current financial systems. This will give the SEC a chance to learn more about the crypto market and its challenges.
With all these major events happening in March, the crypto industry is bracing for a month of potential volatility and key developments that could shape its future.
Ethereum’s Meme Sector Is Waking Up and Pepeto Is Leading the Shift Fartcoin and Bonk…
Pi Coin is expanding its trading options and in a latest development, CoinCatch has launched…
Are you interested in claiming the best BitStarz promo code? If so, you came to…
Are you on the lookout for unique and rewarding Stake.com promo codes? If that is…
The crypto community is betting high on Ripple Circle acquisition rumours. Many XRP influencers speculate…
The Pi Network is once again making headlines — but not for the reasons its…
