Major U.S. economic data releases this week include February existing home sales on Tuesday and February CPI inflation on Wednesday. On Friday, markets will receive the second estimate of Q4 2025 GDP, January PCE inflation and the JOLTS job openings report, with investors monitoring which data point drives the largest market reaction.

Coinbase announced it has launched cryptocurrency futures trading for users in 26 European countries, including Germany, France, and the Netherlands. The company offers the product through its MiFID-compliant entity, enabling trading of futures on crypto assets such as BTC and SOL, as well as stock indices, on the Coinbase Advanced platform. The offering includes long-term futures contracts with a structure similar to perpetual futures, running for approximately five years, with some products supporting leverage of up to 10x.

Two large addresses sold about $40M worth of tokenized gold over the past two days, realizing profits totaling $7.06M, according to the original report. Addresses 0x8C08 and 0xdfcA, belonging to the same whale, sold 5,250 XAUT for $26.91M at $5,125 and 560 PAXG for $2.9M at $5,173, booking a profit of $5.32M. Address 0x8844 sold 1,934 XAUT for $9.74M at $5,037 around six hours ago, generating a profit of $1.74M.

Shipping activity through the Strait of Hormuz has nearly stopped, triggering what is being described as the most severe energy crisis since the 1970s, the Wall Street Journal reported. The sharp slowdown in traffic through the key chokepoint is raising alarm over global energy supplies and market stability.

Oil prices climbed above $115 amid escalating geopolitical tensions involving Iran, triggering risk-off sentiment across global markets, QCP said. The U.S. dollar strengthened while Bitcoin remained relatively resilient, with options flows indicating volatility hedging activity rather than panic-driven selling, even as Treasuries and gold weakened on persistent inflation concerns. Key U.S. macro events this week include CPI data on March 11, jobless claims on March 12, and Core PCE alongside JOLTS data on March 13.

Job openings in the U.S. finance and insurance industry stood at 134,000 by the end of 2025, marking a 13-year low and roughly a 75% decline from their 2022 peak, Federal Reserve Bank of St. Louis data cited by ChainCatcher show. The figure fell below levels seen during the 2001 recession, prompting market analysis firm The Kobeissi Letter to caution that the sector could face further layoffs. U.S. Bureau of Labor Statistics data show the economy unexpectedly shed 92,000 jobs in February, while financial activities added about 10,000 positions as information, transportation and warehousing, and federal government sectors each lost 10,000 to 11,000 jobs. Some analysts noted a weakening labor market may raise the probability of a Federal Reserve rate cut, which could support the crypto market, though fragile conditions might drive investors toward more risk-averse positioning.

On-chain data show 2,342 BTC valued at $158,102,038 was transferred from Ceffu to Binance in a single transaction. The transfer involved a direct movement of Bitcoin between the two platforms.

Bitcoin rose above $71,000 to mark a one-month high while ETH advanced alongside the broader crypto market, BingXBuzz data show. Fintech firm Revolut applied for a U.S. banking license to access Federal Reserve payment rails. Western Union launched its USDPT stablecoin on the Solana blockchain, targeting the $905 billion global remittance market.

Several key US economic indicators are scheduled for release this week. February Existing Home Sales data will be published on Tuesday, followed by February CPI inflation figures on Wednesday. On Friday, markets will receive US Q4 2025 GDP numbers, January PCE inflation data and JOLTS Job Openings—a cluster of reports traders closely watch for market signals.