Episode 541
📍 The CME Group will launch Solana futures on March 17, pending regulatory approval, allowing traders to manage SOL price risk with two contract sizes: 25 SOL and 500 SOL.
📍 The introduction of Solana futures could pave the way for SOL exchange-traded funds (ETFs) to be approved by the Securities and Exchange Commission (SEC), with several companies already seeking approval for Solana-based funds.
📍 Bitcoin took a hit, falling below $80,000 and taking February's decline to over 20%, as increased volatility in cryptocurrencies mirrors trends in traditional markets, with the VIX, Wall Street's fear gauge, rising by 14%.
📍 The Trump Organization has filed trademarks for a metaverse platform, indicating a potential expansion into the digital sector, with plans to offer virtual reality game software, NFT-backed virtual goods, and a Trump-controlled online marketplace.
📍 Ethereum founder Vitalik Buterin has called for "robust wallet security solutions" to counter crypto losses, highlighting the need for better security measures to prevent losses due to software bugs, forgotten passwords, and other issues.
