Crypto Digest 2026-03-20: Bitcoin, USDT, Binance Trends

The cryptocurrency market has seen a mix of developments in recent days, with regulatory clarity being a major focus. The Crypto Clarity Act is inching towards a Senate hearing, with lawmakers weighing legislative trades. Meanwhile, Bitcoin has shown relative strength against gold, holding above $69,000. In other news, major investment banks are pitching for FalconX’s potential IPO, and Morgan Stanley has filed to launch a spot Bitcoin ETF.

Markets

Bitcoin has been holding its ground, with prices jumping to $70,800 as oil prices retreated. Ether and XRP have lagged behind, with the market reacting to joint efforts by major economies to stabilize energy markets. According to CoinDesk, oil prices slipped as major economies announced joint efforts to stabilize energy markets.

Regulation

The regulatory landscape is evolving, with the SEC pivoting away from its previous regulatory strategy. The Crypto Clarity Act is moving towards a Senate hearing, with lawmakers weighing legislative trades, as reported by CoinDesk. Additionally, an appeals court has cleared the way for Nevada to temporarily ban prediction market Kalshi, as noted by CoinDesk and CoinTelegraph.

DeFi and Business

In the DeFi space, Gauntlet has seen a $380 million exit as OKX’s crypto campaign ends, with the company noting that deposits are now back to the same levels as before the campaign, according to CoinDesk. Meanwhile, Coinbase’s bitcoin yield fund has gone on-chain with Apex’s tokenization push, as reported by CoinDesk. Morgan Stanley has also filed to launch a spot Bitcoin ETF with the ticker MSBT and a $1 million seed at debut, as noted by CoinDesk.

Sources: CoinDesk, CoinTelegraph