KuCoin Crypto Daily(2026-03-20)

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Today's Highlights

1. Hong Kong × Korea Web3 Policy Advocacy Alliance Preparatory Committee to Launch on March 23

2. GWDC 2026 Seoul Station to Open with Policy and Industry Collaboration Forum

3. ERC-8004 Launches on Arc with Focus on Agent Payments and Yield


Macro News

21Shares 2x Leveraged SUI ETF (TXXS) Now Trading on NASDAQ

The SEC approved 21Shares' 2x leveraged SUI ETF (TXXS), which began trading on NASDAQ. The product allows investors to gain amplified exposure to SUI without holding the token directly, with both gains and losses doubled.


U.S. Banks Can Hold Bitcoin Under New Capital Rules

New regulatory guidelines allow U.S. banks to hold Bitcoin without treating it as a high-risk asset. The updated rules may reduce capital requirements by 4.8%, making crypto custody more feasible for financial institutions.


U.S. Bitcoin and Ethereum Spot ETFs Recorded Net Outflows on March 19

According to Farside Investors, U.S. Bitcoin and Ethereum spot ETFs recorded net outflows of $90.2M and $131.2M, respectively, on March 19. Major outflows included IBIT (-$38.3M) and FBTC (-$26M), while EZBC and BRRR saw smaller inflows.


VanEck: Bitcoin Put/Call Ratio Hits 0.77, Highest Since June 2021

VanEck reported that the Bitcoin put/call ratio reached 0.77, the highest since June 2021, indicating strong defensive positioning in the options market. The ratio reflects increased demand for downside protection as volatility declines.


Morgan Stanley Submits Amended Bitcoin ETF S-1 Filing

Morgan Stanley filed an amended S-1 registration statement with the SEC for its Bitcoin ETF application. The filing marks a key step in the firm’s effort to launch a regulated Bitcoin investment product in the U.S.


Industry Hotspots

BlackRock's Staked Ethereum Fund (ETHB) Surpasses $250M AUM

BlackRock’s iShares Staked Ethereum Trust (ETHB) reached $254 million in assets under management one week after its March 12 launch. The fund stakes 70-95% of its Ethereum holdings and distributes 82% of staking rewards to investors.


Suspected Eric Voorhees-Linked Wallets Accumulate 67,800 ETH

According to The Data Nerd, wallets linked to Eric Voorhees have accumulated 67,800 ETH over the past 24 hours. The accumulation followed a large USDT deposit and conversion to ETH.


QClaw AI Agent Open Beta Launched by Tencent

Tencent’s QClaw AI agent is now in open beta without an invite code. The agent, which previously expanded its internal testing and upgraded its WeChat mini-program, is now accessible to a broader user base.


World Gold Council Proposes Tokenized Gold Framework

The World Gold Council is developing a tokenized gold framework to challenge Tether Gold and Paxos Gold. The initiative aims to standardize tokenized gold and provide a shared platform for managing physical gold reserves through continuous auditing.


BTC Price Levels Trigger $14.76B Long Liquidations on Major CEXs

If Bitcoin falls below $67,228, long positions on major CEXs could face $14.76 billion in liquidations. Conversely, a breakout above $73,978 could trigger $12.87 billion in short liquidations, according to Coinglass data.


KOL and Institutions

@elonmusk

X's proof-of-work protocol can distinguish between bot and human behavior. This could help prevent manipulation and enhance social media integrity.

@DamiDefi

Top U.S. coins saw positive 7D performance, with $KAS leading at +28.4%. $XRP, $SOL, and $ADA also posted gains, showing a broad-based recovery in the market.

@chainspect_app

Web3 revenue leaders include Tron ($1.085M), Solana ($601K), and Ethereum ($416K). Bitcoin ranks fifth with $201K in revenue, highlighting the dominance of smart contract platforms.

@santimentfeed

Top AI and big data projects by developer activity include $ICP (252), $LPT (43.9), and $FIL (39.7). Developer activity remains a key indicator of long-term project viability.

@blokfeed

Bitcoin closed at $71,238, maintaining an upward trend despite recent declines. Ethereum followed a similar pattern, closing at $2,202 with a bullish long-term outlook.

@JesseOlson

BTC is at $39,000 (-69%) in 2026, with most investors likely to panic and sell. The challenge is buying at lower prices when psychological barriers are broken.

@r_y_p_t_o_c

Bitcoin dominates 58.19% of the $2.4T crypto market, with Ethereum at 10.84%. Both assets saw a slight decline in market share in the past 24 hours.

@declan_bar_90

Major cryptos like $XRP (-0.81%), $DOGE (-1.19%), and $SOL (-0.81%) are under pressure. Key support levels will be crucial in determining short-term price direction.

@marketsday

Major U.S. brokerages updated price targets for stocks like PubMatic and DoorDash. While not directly related to crypto, these updates reflect broader market sentiment that can influence investor behavior.

@metaverse_promt

Follow for real-time updates on crypto, economy, and stock market news. Staying informed is essential for navigating volatile markets.


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