‍

Weekly Recap Research

‍

The CFTC opens a way to use crypto as collateral for derivatives markets, setting the stage for a new financial system

‍

The US derivatives regulator, the CFTC, has issued a new FAQ to set guidelines for crypto companies to use digital assets as “collateral” in derivatives trading under a strict risk management framework, opening the way for Bitcoin, Ethereum and stablecoins to be used as margin collateral in certain cases, with a fixed capital charge rate. About 20% for BTC and ETH and around 2% for stablecoins to reflect the different risk levels of each asset.

A, a,, a. The overall picture thus reflects the stance of regulators that have begun to “conditionally accept”, aiming to support balance. L'innovazione e stabilizzazione del sistema finanziario, quanto è un altro passaggio importante per collegare la mercado criptovaluta a la struttura finanziaria tradizionale.

‍

JPMorgan points to powerful Hyperliquid, opening a new era of “24-hour oil trading” on the crypto world

‍

JPMorgan has released a recent analysis indicating that DeFi platforms like Hyperliquid are rapidly gaining popularity, especially among investors who want to access the oil market 24 hours a day through perpetual futures contracts based on the price of WTI crude oil. As a traditional market like the CME that have closed times, in mid-March, the volume of oil trading on Hyperliquid jumped to around 1.7. Billions of dollars a day with about $300 million in open interest.

A. This trend reflects the structural shift in financial markets at traditional assets such as oil. Stocks, or indices, are increasingly being traded on blockchains, and it could be the beginning of the “market never closes” era in which DeFi is clearly starting to take on a competitive role with traditional financial markets.

‍

Top Net flows

‍

Datos on-chain de Artemis a, a Hyperliquid a más de $200 millones, a Polygon y Ethereum a. The picture is consistent with the development of the market that is beginning to evolve. La focussa è su Perp DEX e la nuova struttura che supporta i prodotti di assetà real-mondo e leveraged, in particolare la fluenza di Hyperliquid che ha cresciuto da piattaforma di derivativi decentralizzato con liquidità. High and similar experience with CEX

Este movimento no es solo un movimento de capital, pero a un cambio narrativo de la mercado desde que Layer 2 ha sido el centro principal, a una área de alta competitiva que a la gente de la gente de la gente a la gente de cambio de la mercado. As the application layer and trading infrastructure gained more attention, the overall picture suggests that the market is entering a qualitative selection phase by the asset or platform that There is a clear use case and actual usage volumes continue to be supported, while projects lacking new drivers are gradually being downgraded.

‍

Fear & Greed Index

‍

The Crypto Fear & Greed Index is one of the tools used to assess the outlook and sentiment of the crypto market, referring to scores ranging from 0 to 100 (0 stands for Extreme Fear or Extreme Fear and 100 stands for Extreme Greed).

En el 16 de 22 de marzo de 2026, el Crypto Fear & Greed Index ha fallado a nivel 9, que se considerará a la zona de tirsa severa, reflectando una clima de investimento fragile. Meanwhile, the cash flow in the Bitcoin ETF shows a clear “in and then retreat” behavior, after the previous week with a total inflow of around $767 million. A, but as we entered the week, we started to see some slowdowns and reversals. Datos indicando que en Marzo 18, hay una salida de la cerca de $163.5 millones, y en el 19 de marzo, a través de $90.2 millones, en línea con la imagen de mercado en que Bitcoin se movimento a $70,000. Amid pressure from the tense situation in the Middle East and the uncertainty of the direction of interest rates, institutional investors are beginning to reduce short-term risks, even if the overall picture has not entered a full-blown downturn.

In the corner of capital behavior, a move does not reflect panic, but is more of a “rotation” characteristic, with cash inflows at the beginning of the week, such as March 16 and 17, which were around $199.4 million a day, before being sold for profit at the end of the week. This shift in character is in line with the global market overview with money flowing from risky assets. Más que $20 billion en fontes equities que les investitori a la portfolio totale, no limitado a la mercado criptovaluta, a que a Bitcoin se, pero también sin un momento de alto importante. Het is in het natuur van het houden om een beat-zugelheid als een zelal acceleratie van verzameling.

‍

Bitcoin ETF Flow

‍

The flow in the Bitcoin ETF clearly reflects the “in and then retreat” behavior. After the previous week, there was a total inflow of about $767 million, several days in a row, but as we entered this week, some slowdowns and reversals began to be seen, with the data in the image indicating that on March 18 there was an outflow of about $163.5 million and that on March 19 it was still flowing. A rally continued at $90.2 million, in line with the real market picture where Bitcoin is moving in the $70,000 range, amid pressure from Middle East tensions and an unclear interest outlook, institutional investors are beginning to reduce short-term risks, even if the big picture is not fully bearish.

In terms of capital behavior, what is happening is not panic but rather “rotation,” with early weeks where there was still cash inflow, such as March 16 and 17, which was around $199.4 million a day before being sold for profit at the end of the week. This shift in character is consistent with a global market picture with more than $20,000 million in risk assets in equity funds indicating that Investors are reducing their overall exposure, not just to crypto. A simple conclusion is that Bitcoin is still standing, but no one is seriously pushing up. The market has become a game of “hold and wait for the beat” rather than a confident acceleration.

‍

Ethereum ETF Flow

‍

Between March 16 — 22, 2026, the crypto market entered a “recovery but not yet stable” period, with Bitcoin price moving in the range near $70,000 — $74,000 and taking a swing to test the $74,000 area. Ahead of a profitable sell-off during the week, a market overview was boosted by the view of Bitcoin as a hedging asset during the tense period in The Middle East has resulted in a price gain of nearly 4%, while Ethereum has been up more than 9% for some time. However, market sentiment has not been fully strong, as macro-factor pressures and interest rate uncertainty persist, giving the price movement a sideways appearance. More than a clear breakout

On the Ethereum ETF side, capital flows reflect the behavior of institutional investors who remain hesitant, with both inflows, such as March 11 and 12, valued at around $57 million and $115.9 million, respectively. Mas a seguinte periode a voir une resurgence de vente, avec les données de la même temps suggestive que l'ETF a été détrées de cash à la niveau de plus de $131 millions dans les jours. A la imagen general que la mercado de Ethereum se en una periode de la recuperación fragile, con los fortes de comprar y venta rapidamente alterando, y a hora de espera para la confirmación de nuevo faktoros. Trends in the next phase

‍

Important news:‍

Pioneering Whale Moves 2,100 BTC Worth Over $148 Million After 13 Years of Silence  

VanEck points out long holding force begins to slow. Market signals enter a change of hands  

Bluesky raises $100 million, moves forward to create social alternatives racing platform giant

‍

Source:

https://www.coindesk.com/business/2026/03/20/iran-war-volatility-is-driving-oil-trading-boom-on-hyperliquid-says-jpmorgan

https://www.mexc.com/news/973112

‍

Note: This analysis is provided every Monday, so some articles may have data discrepancies.

Nota: Questo analisi è situato ogni monday, quindi alcuni parte del articolo possono contengono informazioni inaccurati

‍

WARNING: CRYPTOCURRENCIES AND DIGITAL TOKENS ARE HIGHLY RISKY. YOU MAY LOSE YOUR ENTIRE INVESTMENT. PLEASE STUDY AND INVEST ACCORDING TO THE ACCEPTABLE LEVEL OF RISK.

Thank you for following.

J.P. Daniel