Market Update - March 16



- Oil prices fluctuate around $100, while Bitcoin rebounds near $73,000, lifting altcoins into positive territory.
- Trump advocates for reopening the Strait of Hormuz, proposing a coalition for escorting and exerting pressure from NATO to China.
- Saylor reveals plans to accumulate more Bitcoin this week; his strategy currently holds 660,624 BTC, valued at approximately $58 billion.
- Aave launches "Aave Shield" to prevent swaps from slipping more than 25%, following a $50 million loss by a user who ignored warnings.
- Venus Protocol is suspected of a flash loan attack, with hackers withdrawing around $3.7 million in BTC, CAKE, and BNB by using $THE as collateral.

Event Calendar
- March 18, 19:30: U.S. to release February PPI inflation data.
- PPI Year-over-Year (Forecast = 3.2%, Previous = 2.9%)
- Core PPI Year-over-Year (Forecast = 3.7%, Previous = 3.6%)
- March 19, 01:00: Federal Reserve to announce March interest rate decision, likely to remain unchanged.
- March 18-19: Central banks in Canada, Japan, the UK, and the EU will announce interest rate decisions.

Token Unlocks
- March 16: Arbitrum unlocks 92.65 million $ARB (1.78% of circulating supply), valued at $9.65 million.
- March 18: Lombard unlocks 30 million $BARD (11.09% of circulating supply), valued at $32.43 million.
- March 20: LayerZero unlocks 25.71 million $ZRO (5.64% of circulating supply), valued at $55.53 million.
- March 20: Kaito unlocks 17.6 million $KAITO (5.19% of circulating supply), valued at $6.45 million.
- March 22: River unlocks 1.11 million $RIVER (2.39% of circulating supply), valued at $25.47 million.
BTC2.74%
AAVE6.68%
XVS4.51%
CAKE1.84%
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