SnapShot 250
New SEC and CFTC Crypto Classifications
Hello SnapShotters,
Bitcoin finally broke through the US$74,000 resistance level, which had held firm against several breakout attempts over the last two weeks. Strategy has reportedly been acquiring roughly 6,000 BTC per day from 11 to 16 March, absorbing double the daily issuance of newly mined tokens.
While BTC cleared a new floor, ETH hit a six-week high of $2,329, marking a 20% gain over eight days and a noteworthy break above the $2,200 level. This outperformance stems from a massive 122,000 ETH treasury buy by BitMine (BMNR) and the debut of BlackRock’s ETHB staking ETF. ETH products have now matched the strength of BTC’s momentum, recording their sixth consecutive day of net inflows — a streak that has pulled in over $385 million in fresh capital.
However, volatility was back at play again as the US Fed delivered a 'hawkish hold' on 18 March, keeping rates at 3.50% to 3.75%. The updated dot plot revealed a hardening consensus: 14 of 19 officials now project either one or zero rate cuts for the remainder of 2026. While Chair Powell acknowledged the cooling effect of the Strait of Hormuz reopening, he warned that inflation remains elevated at 2.7%.
Following the 'zero-cut' signal, BTC slid toward the $70K line as the U.S. Dollar Index (DXY) surged. While equities faced a deeper sell-off, crypto’s resilience has doubled down on the decoupling pattern, as investors increasingly view the Saylor pace of accumulation as a stronger floor than the Fed’s interest rate trajectory.
Here are the other good-to-knows of the crypto world.
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News Snaps
⚖️ SEC Unveils Landmark Crypto Classification
SEC Chair Paul Atkins released an interpretation co-signed by the CFTC that officially categorises tokens into five groups: digital commodities, collectibles, tools, stablecoins, and securities.
💎 Ethereum Foundation Outlines 'CROPS' Mandate
The new 38-page mandate introduces CROPS — censorship resistance, open source, privacy, and security — as the non-negotiable principles for future developments.
🇹🇭 Thailand SEC Proposes Stricter Travel Rule Controls
The Securities and Exchange Commission of Thailand (Thai SEC) is moving to require crypto firms to collect and share sender and recipient data for every transaction to combat money laundering.
🪙 BlackRock Debuts Staked Ether ETF
BlackRock launched the iShares Staked Ethereum Trust (ETHB) on the Nasdaq on 12 March, recording a 'very solid' $15.5 million in first-day trading volume.
🛡️ Aave to Roll out Protective 'Shield' After Trade Blunder
Aave Shield is a hard-coded circuit breaker that blocks any swap with a price impact exceeding 25%. It follows a 12 March trade where an illiquid market caused a user to receive just $36,500 for a $50.4 million USDT trade — effectively a 99% loss.
What’s Ahead
🗓️ 27 March: Crypto ETF Approval Hard Deadline
The US SEC is approaching a final verdict window for a backlog of 91 crypto ETF applications, including high-profile spot filings for SOL and XRP.
Number of the Week
Source: CoinTelegraph
Chart of the Week
Bitcoin Resists Pressure of Global Turmoil
Since the start of the Middle East conflict, BTC is the only one of two assets that came out of the 27 February to 13 March window in the green, while majors like the S&P 500 and gold recorded -3.6% and -5.1%, respectively.
Read the details in this week’s Market Pulse.
As of 13 March, 2026
Sources: Yahoo Finance, CoinGecko, Crypto.com Research
Research & Insights
Wall Street On-Chain: Tokenised Equities Break $1 Billion
This latest research confirms that tokenised equities have crossed the $1 billion threshold, led by platforms like Ondo and xStocks, which now control over 80% of the market.
This growth is happening alongside BlackRock’s new ETHB fund and Moody Ratings’ move to bring credit ratings on-chain, effectively moving premier Wall Street tools directly onto the blockchain.
Hungry for more data behind the 2026 agentic economy and RWA trends? Read the full research report.
Crypto Trivia
'Bitcoin.org' was registered in August 2008, but just one day prior, an anonymous registrant secured a different domain.
What was the alternative name registered just 24 hours before Bitcoin became the official moniker?
A) BitGold.org
B) Netcoin.org
C) E-Cash.org
Find the correct answer at the end of this newsletter.
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Security Tips
Fear Tactics Fuel Surge in Crypto ATM Scams
A rise in crypto ATM scams is being fuelled by scammers who pressure victims with urgent, threatening messages.
Investigators say fraudsters often impersonate authorities, banks, or security officials. Victims are told they could face arrest or lose their savings unless they act immediately. Under pressure, some are convinced to withdraw large amounts of cash and deposit them into crypto ATMs.
Once sent, funds go directly to the scammer’s wallet and are nearly impossible to recover.
Keep Funds Safe:
- No legitimate authority will demand payment through crypto ATMs
- Be cautious of urgent messages claiming you must act immediately
- Always verify requests through official channels before sending money
Crypto Trivia Answer
B) Netcoin.org ✅
The registration of 'Netcoin.org' suggests Satoshi Nakamoto was undecided on the project’s name until the final 24 hours. Choosing "Bit" over "Net" shifted the focus from a generic internet utility to a specific unit of digital value.
That's it for this week's SnapShot. Want more? Find out what’s trending in the crypto world.
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