On March 6, HIP-3 on Hyperliquid reached $2.2B in trading volume, accounting for 30.1% of activity on the platform, while the XYZ:CL crude oil contract saw a 140% daily volume spike to $242M. Crude oil, trading above $90 and briefly over $92, has become the fifth most traded HIP-3 asset as whales rotate into tokenized real-world futures and one trader manages a $3.3M short on CL alongside another wallet holding $315M in BTC and ETH longs.

Santiment has observed that Bitcoin adoption is increasing, with non-empty wallets reaching a record 58.45 million and exchange balances dropping to their lowest level since December 2017. While spot Bitcoin ETFs in the U.S. recently saw a $1.45 billion inflow on February 25 and BTC briefly moved above $70,000, retail inflows have contracted and price remains slightly lower over the past 24 hours.

Bitcoin traded in a tight range on Monday as it hovered around $68,198, while analysts assessed nearly $801.87 million of inflows into Bitcoin exchange-traded funds in the final week of February. Several on-chain and market analysts pointed to parallels with previous cycles, key support levels around $66,000 to $64,000, and contrasting liquidation data at $80,000 and $57,000. These developments have fueled debate over whether Bitcoin will see a short-term correction before any sustained rebound.

On February 24, Binance received a letter from Senator Richard Blumenthal and later replied with a lengthy rebuttal rejecting allegations related to Iran, money laundering, and platform compliance. The exchange said it blocks users in Iran, has not identified direct trades with Iran-based entities, and has offboarded Hexa Whale and Blessed Trust after internal reviews. Binance also highlighted substantial investments in compliance, expanded staff headcount, and cooperation with law enforcement, while denying reports that employees were punished for raising compliance concerns.

Florida lawmakers have approved Senate Bill 314, establishing a state-level regulatory framework for payment stablecoin issuers and awaiting Gov. Ron DeSantis' signature. The measure, aligned with the federal GENIUS Act, revises money laundering rules, sets consumer protection and financial stability requirements, and clarifies that certain payment stablecoins are not securities. A related bill, CS/CS/SB 1440, also passed to strengthen confidentiality protections for virtual currency and stablecoin businesses supervised by the Office of Financial Regulation.

Bitcoin briefly traded above $73,000 over the past day, while multiple on-chain indicators from Swissblock and CryptoQuant suggest it may be transitioning out of peak negative momentum. Demand contraction has eased, US spot ETF inflows have turned positive, and selling pressure from both traders and long-term holders has declined, yet resistance zones around $79,000 and $90,000 still define whether this move becomes a lasting regime shift.

In January 2026, Base became the most active Layer 2 network for stablecoin transfers, with USDC supply on the chain hitting a record level. Over 90% of Base's stablecoin balance is held in USDC, and the network now carries $4.81B in stablecoins, outpacing Arbitrum and Hyperliquid. More than 30% of on-chain activity on Base is linked to DeFi and other financial operations, supported by lending protocols such as Morpho and Aave.

On March 5, 2026, the SEC filed a proposed final judgment to resolve its lawsuit involving Justin Sun, Tron Foundation, BitTorrent Foundation and Rainberry Inc., including a $10M penalty for Rainberry over alleged wash trading. The deal would bar Rainberry from unlawfully offering or selling securities in the future and dismiss all remaining charges with prejudice, while Sun has publicly stated he intends to keep building and engage with regulators on crypto policy.