U.S. Senator: If Powell Is Fired by Trump, It Will Trigger a Market Collapse

Per official sources, Binance will launch a U-based perpetual contract for CFG on March 16, 2026, at 9:00 PM Beijing time, offering up to 50x leverage.

On March 16, HTX market data shows Ethereum (ETH) has climbed above $2300, currently trading at $2301.

Market sources reported on March 16 that MicroStrategy acquired 22,337 bitcoins last week at an average price of $70,194 per coin, with the total transaction value reaching $1.5 billion.

On March 16, a Coinshares report revealed digital asset investment products posted inflows for the third straight week, totaling $1.06 billion. This underscores their resilience amid geopolitical tensions and further cements Bitcoin’s status as a relative safe-haven asset. Notably, U.S. investors accounted for 96% of the inflows, while Hong Kong saw its largest weekly inflows since August 2025. Germany recorded its first weekly outflows of the year. Ethereum drew $315 million in inflows, partly driven by the launch of a new U.S. staking ETF, pushing its year-to-date flows near neutral.

On March 16, in a recent CNBC interview, Tom Lee said the S&P 500 will continue rising in the coming weeks after narrow fluctuations through most of this year—but the U.S. stock market will enter a bear market later in 2024, even after first hitting a new record high. Lee also warned bearish forces in the market could fully take hold as the year draws to a close. “We expect the downturn to come when the market stops reacting to good news,” Lee noted. “Right now, software stocks, the U.S. market’s ‘Magnificent Seven,’ and crypto have already weathered a bear market—much of the speculation has been squeezed out. Our call is the market will rise before month-end, finish March higher, and could reach 7,300 points. But a bear market may emerge later this year.” On oil prices, Lee explained why a surge would be bullish for stocks: “First, the U.S. is an oil exporter, so our economy benefits from higher oil prices. Second, most other countries are importers—so the U.S. outperforms

March 16: A Bitcoin whale withdrew 413.7 BTC (worth ~$30.44 million) from Binance just 6 minutes ago, per Onchain Lens monitoring. The whale currently holds a total of 2,417 BTC (valued at ~$177.97 million), all accumulated over the past 41 days.