Fed Kept Interest Rates Unchanged and Raised Inflation Expectations
The US Federal Reserve (Fed) kept interest rates unchanged at 4.25% – 4.50%. However, it lowered its 2025 growth forecast from 2.1% to 1.7%, while raising its inflation expectation from 2.5% to 2.8%. Emphasizing the uncertainties in the economic outlook, the Fed announced that it would slow down the pace of reducing its balance sheet starting in April.
Interest rate projections remained at 3.9% at the end of 2025, while expectations for 2026 and 2027 were maintained at 3.4% and 3.1%, respectively. US stock markets continued to rise and the 10-year Treasury yield fell to 4.28%.
Ripple CEO Announces SEC Case Ended
Ripple CEO Brad Garlinghouse announced that the SEC will withdraw its lawsuit against Ripple. In a video he shared on his social media account, Garlinghouse said, “This case is over,” indicating that the SEC has backed down. Following the announcement, the XRP price rose 14% to $2.55.
A commission vote and approval are required for the SEC to officially withdraw from the appeal. It is stated that the process could take several weeks. The SEC has previously backed down in lawsuits it filed against crypto platforms such as Coinbase and Kraken. The Ripple lawsuit could be the start of a new era in crypto asset regulation.
Ripple CEO Expects XRP to Be Included in Strategic Reserve
Ripple CEO Brad Garlinghouse believes that XRP will be included in the US digital asset stock and that an XRP ETF will be approved by the end of 2025. Garlinghouse expects a strong wave of investment for XRP after the SEC lawsuit is dropped, while companies such as Franklin Templeton and Bitwise are being evaluated for XRP ETF applications.
XRP has become the third-largest crypto asset by market cap after Bitcoin and Ethereum. It was also stated that while the doors are not closed for Ripple’s IPO, it is not a priority at the moment.
Trump to Speak at Crypto Summit
US President Donald Trump will attend the Digital Asset Summit on March 20, becoming the first president to address a crypto conference while in office. It was reported that his speech will be presented as a video recording.
Trump promised to create a Bitcoin reserve and provide regulatory relief for the sector by following crypto-friendly policies during his presidency. The drop in SEC lawsuits filed against companies such as Ripple and Coinbase is seen as a reflection of this policy.
Bitnomial Launches CFTC-Approved XRP Futures
Bitnomial will launch CFTC-approved XRP futures contracts on March 20. This decision came after the SEC withdrew its lawsuit against Ripple.
The company will provide institutional and individual investors with a new regulated trading vehicle by offering physically delivered XRP futures. It also announced that it has withdrawn its lawsuit against the SEC. The end of the Ripple-SEC lawsuit suggests increased regulatory clarity in the industry.
First Solana Futures ETFs to Begin Trading in the U.S.
Volatility Shares will launch its first U.S. Solana (SOL) futures ETFs on March 20. The funds, called SOLZ and SOLT, will provide exposure to Solana futures and 2x leveraged Solana futures, respectively.
Bloomberg analyst Eric Balchunas likened the ETFs to bitcoin futures ETFs BITO and BITX, but noted they may not gain as much traction as spot ETFs. The SEC has not yet approved a spot Solana ETF, but industry experts believe futures ETFs could pave the way for spot ETFs. Bloomberg analysts estimate the probability of a spot Solana ETF being approved in 2025 at 75%.
Trump Media Executives Make $179 Million SPAC Move
Executives affiliated with Trump Media & Technology Group have set up a SPAC (Special Purpose Acquisition Company) to raise $179 million to acquire a US company operating in the crypto, blockchain and data security space. The SPAC, called Renatus Tactical Acquisition Corp I, plans to merge with the company by raising funds through an initial public offering (IPO) and private placement.
Renatus’ management team includes Trump Media board members Eric Swider (CEO), Devin Nunes (President) and Alexander Cano (COO). The SPAC said it will focus on high-potential US-based companies, emphasizing the Trump administration’s steps to integrate digital assets into its national finance strategy. Trump’s decision to create a Bitcoin reserve and the strategy that federal agencies have put into effect for holding BTC have also been cited as investment targets.
North Carolina and Minnesota Take Bitcoin Step
North Carolina and Minnesota have introduced new laws to increase Bitcoin adoption. The law passed in North Carolina allows the state treasury to invest up to 10% of public funds in Bitcoin and requires cold wallets and monthly audits for safekeeping.
Minnesota plans to add Bitcoin to state funds and offer citizens the ability to pay taxes with Bitcoin. In addition, the regulation, which allows state employees to add Bitcoin to their retirement accounts, could provide tax exemptions for crypto earnings. While 23 states in the US are considering creating Bitcoin reserves, a federal reserve proposal of 1 million Bitcoin is also on the agenda.
Real Estate Tokenization Move from Dubai
Dubai Land Department (DLD) has launched a blockchain-based real estate tokenization pilot program. The program aims to increase access to real estate investments and strengthen transparency. It is anticipated that by 2023, 7% of total real estate transactions in the city ($16 billion) will be made through tokenization.
The move aligns with Dubai’s 2033 real estate strategy and is part of an effort to transform the city into a global technology hub. Tokenization digitizes property ownership, offering investors a low-cost entry opportunity while increasing liquidity. However, it is stated that it may take time for real estate tokenization to become widespread due to operational challenges.
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BITCOIN (BTC)
BTC is trading at $85,580, down 1.47% as of morning hours. While the selling pressure from the $86,849 resistance is pulling the price back a bit, the $84,757 level is being followed as support.
In the positive scenario, if the $86,849 level is exceeded, the upward movement may gain strength and the $89,822 level may be tested.
In the negative scenario, the $84,757 level is being followed as the first support point. In case of loss of this area, the $81,561 support may come to the agenda.
ETHEREUM (ETH)
As of the morning hours, ETH is priced at $ 1,933 with a 1.97% loss in value. The selling pressure from the $ 2,073 resistance caused the price to retreat somewhat. The $ 1,960 level is followed as support.
In the positive scenario, if the $ 2,073 level is exceeded, the upward movement may gain momentum and the $ 2,233 resistance may be tested. In the negative scenario, the $ 1,960 level is watched as the first support point. If this area is lost, the $ 1,842 support may become critical.
RIPPLE (XRP)
XRP is trading at $ 2.44 levels with a 3.92% loss in value as of the morning hours. XRP retreated with sales from $ 2.5706, and the $ 2.4299 support stands out as a critical area.
The $ 2.5706 resistance must be overcome for the upward movement to continue. If it stays above this zone, the $2.6418 level can be targeted.
In downward movements, if $2.4299 is lost, $2.2250 can be followed as support. Closes below this level may cause the price to pull back to $2.1243.
AVALANCHE (AVAX)
AVAX is traded at $ 19.22 as of the morning hours with a 2.68% loss in value. In order for the upward movement to continue, the $ 19.89 level must be exceeded. If it is maintained above this region, the $ 21.23 level can be targeted.
In downward movements, the $ 18.18 support should be followed. Losing this level could cause the price to pull back to the $17.01 and $16.25 levels.
SOLANA (SOL)
SOL is traded at $ 133 levels with a 1.01% loss as of the morning hours. In order for the rise to continue, the $ 136.46 resistance must be overcome. If it rises above this level, the $ 141.07 and $ 146.54 levels can be targeted.
In a possible bearish scenario, the $ 128.21 support is critical. If this level is lost, the price may pull back to $121.77.
