Insight: Since March this year, the spot trading volume of altcoins has dropped significantly, potentially presenting an investment opportunity

March 20 — An 80-year-old New York investor named George Chryssanthou lost approximately $285,000 to a telecommunications scam, according to a Business Insider report. Scammers posing as Microsoft tech support gained remote access to his computer, then persuaded him to make multiple wire transfers in January 2025 to an account purported to belong to Coinbase. The transferred funds were later converted to Bitcoin and moved. Chryssanthou has filed negligence claims against brokerage firm Charles Schwab with the Financial Industry Regulatory Authority (FINRA), alleging the firm failed to detect and stop the abnormal high-frequency large transfers. The scam totaled $284,650, with individual transfers ranging from $18,000 to $90,000.

March 20: Per onchainschool.pro data, two linked addresses have collectively withdrawn $3 million worth of SIGN tokens from Binance today. Market data indicates SIGN has seen notable volatility lately, with its price doubling in the first week of March.

On Friday, March 20, the International Energy Agency (IEA) issued a stark warning: The ongoing Iran-related conflict could trigger the largest supply disruption in global oil market history, with normal oil and gas flows in the Gulf region potentially taking up to six months to recover. Citing the Financial Times, IEA Executive Director Fatih Birol noted that both policymakers and markets have underestimated the crisis’s severity—something that could push energy prices higher and strain global supply chains. The IEA stressed that supply-side measures alone won’t be enough to stabilize the market. In a detailed set of recommendations, the agency laid out immediate demand-side actions to ease pressure on consumers and secure energy supplies. These include: cutting oil and gas demand right away, reducing energy use in industry and households, and calling for collective action. (Golden Finance)

On March 20, Nasdaq-listed Bitcoin miner BitFuFu released its full-year 2025 financial results. 2025 total revenue reached $475.8 million, up 2.7% from $463.3 million in 2024. However, the company posted a net loss of $57.4 million for the year, versus a net profit of $54 million in 2024. The loss stemmed primarily from fair value changes in digital assets and accounts receivable, plus equipment impairment tied to market conditions. Operationally, BitFuFu’s 2025 cloud mining revenue totaled $350.6 million, a 29.4% year-over-year (YoY) increase. Its self-mining revenue fell to $63.1 million. As of Dec. 31, 2025, total mining capacity rose 11.1% YoY to 26.1 EH/s, while Bitcoin holdings climbed to 1,778 coins. Average self-mining production costs hit $77,573 per BTC in 2025, up from $47,496 per BTC in 2024. By year-end 2025, the company’s total cash, cash equivalents and digital assets stood at roughly $177 million.

**Spark Protocol Updates on Revenue Metrics** On March 20, Spark announced via Twitter that its protocol currently generates roughly $10 million in monthly protocol revenue. For Q1 2026, total protocol revenue reached $33 million—representing a ~10% year-over-year increase from Q1 2025. Key revenue drivers include the Spark Liquidity Layer (SLL), SparkLend, and Market Curation. The full Q1 2026 financial report is set to be released imminently.

March 20 — Federal Reserve Governor Christopher Waller said Wednesday that if oil prices remain elevated for several months, they will eventually feed into core inflation. Exercising caution now does not mean remaining inactive for the rest of the year, he added. Waller noted he does not see a need to consider rate hikes at this point. Should labor markets weaken, he will advocate for rate cuts later this year, though he wants to assess conditions before making a decision. (FXStreet)