Whales, those leviathans of liquidity, have been hoarding SOL, their shadows looming over derivatives traders who bet against the tide. A standoff brews, liquidation stakes high enough to make even a Genghis Khan blush. One side clings to hope; the other, to hubris.
As a crypto investor, I’m always looking at the bigger picture, and it’s amazing to see where Bitcoin stands in the overall ‘store of value’ market. Right now, that market is around $38 trillion, and gold still dominates with about $36 trillion – that’s almost 95% of it! Bitcoin, while growing rapidly, currently represents just under $1.4 trillion, or a little under 4%. It really highlights the potential for growth if Bitcoin continues to gain traction.
Investors and developers, ever the romantics of technology, built DeFi protocols in isolation, like children building sandcastles on a beach. The result? Fragmented liquidity and assets that cannot be moved easily from one chain to another. They built exceptional tracks, but these do not work well together. What we are now witnessing, as a result, is the start of a new era of government involvement in the sector, synthesising law, code, assets, and capital into sovereign-grade blockchain rails capable of unlocking trillions in value. We call this programmable finance, or ProFi. A name as grand as a royal decree.
Bitcoin tiptoes near $70,000, having rebounded from February’s lower theatrics in the low $60,000s, yet the rebound has the hesitant air of a debutante unsure if she should curtsy or run. Price action keeps rebuffing advances within the $69K-$71K ballroom.
Yet, for all its grandeur, the machinery of global oil trading remains as archaic as a Victorian parlour game. Massive legacy exchanges, reams of paperwork, and barriers so high they’d make the Alps blush-it’s enough to make one long for the simplicity of a quill and inkwell.
Cardano futures went live on CME Group on February 9. That single development, as the Cardano Foundation posted on X, signaled a step-change in institutional access for ADA. Regulated derivatives trading opened Cardano to a new class of participants, from trading firms to institutional investors who previously had no compliant entry point. (Spoiler: They’re now all trying to figure out what “ADA” stands for.)
XRP’s valiant attempt to stay above $1.4120 was a short-lived affair, much like a romantic comedy where the leads can never quite get it together. Down it went, following in the proud footsteps of Bitcoin and Ethereum.
After wiggling past $1,965 (thanks, Bitcoin), ETH managed to break $2,000. Cheers, but don’t get comfy.
Rich Dad Poor Dad author and investor Robert Kiyosaki repeated his warning on social media platform X on March 9 that a historic stock market crash could be approaching in 2026, linking the potential downturn to unresolved issues from the 2008 Great Financial Crisis and rising global debt levels. The famous author wrote:
Short-term momentum? Weak as a teabag. But lo! Technical indicators suggest the asset is “building a base” at $0.09. Translation: It’s digging a hole to hide from reality.
