Hyperliquid Strategies Inc. said Tuesday it has launched options trading for its PURR common shares on the Nasdaq Options Market. The firm said the move is aimed at improving liquidity and price discovery for PURR while giving institutional and retail participants additional ways to hedge and express directional views tied to the Hyperliquid ecosystem.

Hyperliquid’s third-week-of-March recap highlighted three developments: the launch of an officially licensed S&P 500 perpetual contract, USDC support arriving on HyperEVM, and new activity highs across HIP-3 tokenized commodity markets. The update also referenced TradeXYZ figures showing a $5.6 billion 24-hour peak volume and about 45,300 daily unique traders, alongside a community ETHCC Cannes event scheduled for March 31.

Morgan Stanley is proposing the Morgan Stanley Bitcoin Trust (MSBT), a bitcoin investment vehicle designed to trade like a spot Bitcoin ETF share on NYSE Arca. The filing describes a 50,000-share seed basket funded with roughly $1 million of seed capital intended to acquire spot BTC before trading begins.

BitMEX co-founder Arthur Hayes reiterated a $150 price target for Hyperliquid’s native token, $HYPE, for August 2026. He pointed to oil perpetuals on Hyperliquid reaching $1.5bn a day and commentary that combined oil, gold, and silver open interest surpassed $1.5 billion, framing $HYPE as a high-beta way to gain exposure to the venue’s 24/7 commodities and macro trading growth.

Crypto asset investment products recorded about $1.06 billion of net inflows last week, extending a three-week streak to roughly $2.2 billion. Bitcoin accounted for around 75% of the weekly total (about $793 million), while on-chain data for March 9–15 showed about $19,200 in Banana Gun bot fees with ETH at roughly 50.5% and BSC near 36%.

In the 2026 election cycle, the crypto industry recorded a major political setback in Illinois as Lieutenant Governor Juliana Stratton defeated pro-crypto Representative Raja Krishnamoorthi in the Democratic Senate primary. Fairshake, a crypto-aligned super PAC, spent nearly $10 million opposing Stratton and still holds a broader $221 million war chest, while BTC is trading around $72k. The outcome underscores that local political support can outweigh industry money and may shape how digital asset advocates deploy funds in other races.

On March 17, 2026, centralized exchange Crypto.com announced a partnership with KG Inicis, South Korea's largest payment gateway and value added network provider, to enable digital asset payments for foreign travelers. The collaboration will use the Crypto.com Pay app to let visitors spend crypto at Korean merchants and online platforms connected to KG Inicis, while merchants can choose to settle in fiat or digital assets. KG Inicis processes over 400 million transactions annually and holds around 40% of the local gateway market, giving the project immediate access to large-scale payment infrastructure.

Mastercard plans to acquire London-based stablecoin infrastructure provider BVNK in a transaction valued at up to about $1.8 billion, including $300 million in contingent payments. The deal, reported on a Tuesday by Bloomberg, deepens Mastercard's push into 24/7 crypto settlement rails, tokenized bank deposits, and stablecoin-based payments after an earlier $2 billion transaction between BVNK and Coinbase fell through. Mastercard's broader strategy and its March 11 industry initiative highlight how major payment networks are positioning stablecoins as core infrastructure for global value transfer.

In a report released last Monday, the Basque Country’s Ertzaintza police said they opened 541 crypto-linked criminal investigations in 2025, including 13 alleged fraud cases, with digital assets mainly used to move or hide funds. Across Europe, authorities are seeing similar growth in crypto-enabled fraud and laundering, while Spain’s strict reporting rules and proposed tax changes could affect local liquidity and trading behavior. For traders, tougher enforcement in regions like Euskadi may mean more compliance friction in the short term but potentially cleaner markets and counterparties over time.