Morgan Stanley CIO and Chief U.S. Equity Strategist Mike Wilson says U.S. equities could be approaching the late stages of the current correction as investors process months of economic and geopolitical worries. He notes that 50% of Russell 3000 stocks are down 20% from their 52-week highs, and says a final downdraft could be triggered by a more hawkish Fed tone or volatility around triple-witching options expiration.

T. Rowe Price updated its S-1 with the U.S. SEC on March 16, outlining a proposed actively managed Price Active Crypto ETF that can rotate among roughly five to fifteen digital assets. The filing lists potential holdings beyond BTC and ETH, including DOGE, SHIB, SOL, XRP and Sui, and says Anchorage Digital Bank would custody the tokens. It also describes a cash-based creation/redemption model initially, with possible in-kind transactions and staking only if regulators and tax authorities provide clearer guidance.

South Korean regulators have reportedly fined crypto exchange Bithumb 37 billion won ($24.8 million) and ordered a six-month partial business suspension. The FIU alleges the exchange failed to verify customers in 6.59 million cases and enabled about 45,000 transactions involving 18 unregistered overseas exchanges.

On March 16th, 2026, WhiteBIT said it has been chosen as one of 11 companies invited to join Ghana's crypto regulatory sandbox, a program meant to trial regulated digital-asset trading under oversight. The sandbox was launched by the Ghana Securities and Exchange Commission together with the Bank of Ghana and is intended to help shape future licensing rules for virtual asset service providers.

US President Donald Trump again urged Federal Reserve Chair Jerome Powell to cut interest rates immediately, including calling for a "special meeting", after posting similar demands on Truth Social on Thursday. The Fed's two-day March meeting starts Tuesday with a decision due Wednesday, while CME futures imply a 99% chance rates stay at 3.50% to 3.75% this week and a 97% chance of no change for the April 29 meeting.

Meta Platforms, Inc. (META) rose 3.23% in premarket trading on March 16, 2026 to $633.01 after closing at $613.71. The move followed a Reuters report that Meta is weighing layoffs affecting 20% or more of its roughly 79,000 employees as it seeks to offset rising AI infrastructure spending, including a $600 billion data-center commitment through 2028.

Chicago-based crypto lender BlockFills, operated by Reliz Ltd., filed for Chapter 11 bankruptcy in Delaware, saying the voluntary process is intended to preserve business value and improve stakeholder recoveries. Court documents list assets between $50 million and $100 million, while liabilities are expected to reach up to $500 million. The filing follows a dispute tied to Dominion Capital and earlier client communications about commingled customer and corporate funds that reportedly led to a $77 million shortfall by end-2025.

Bitcoin climbed above $74,000 on Monday morning, while Ethereum rose about 8% to nearly $2,300, pushing both assets to roughly six-week highs. CoinGlass data shows about $350 million in leveraged positions were liquidated, with almost $300 million tied to shorts and ETH short liquidations making up the largest share.