Market Signal Briefing

A new Bitcoin-based finance protocol called Hashi has been introduced on the Sui blockchain, with early participation commitments from crypto institutions including BitGo, Bullish and FalconX ahead of its planned launch later this year.

According to an announcement shared with Cointelegraph, Hashi is designed to let Bitcoin holders earn yield on native Bitcoin (BTC) through onchain lending and borrowing, targeting a segment that currently represents a small share of Bitcoin’s overall market.

The protocol, developed primarily by Mysten Labs, the core contributor to the Sui blockchain, will initially focus on BTC-backed lending, allowing users to borrow stablecoins against their holdings while institutions are expected to supply liquidity at launch.

A Sui Foundation spokesperson told Cointelegraph that the protocol is designed to address structural limitations that have held back Bitcoin’s use in decentralized finance, particularly reliance on intermediaries and limited transparency around collateral.

The system introduces onchain verification and programmatic collateral management aimed at making BTC lending more suitable for institutional use. “We are replacing ‘trust me’ workarounds with onchain verification,” the spokesperson said.

Hashi will enable native BTC to be used directly in onchain financial services without relying on wrapped or synthetic assets, bringing transparency and automated collateral management to Bitcoin finance, components that institutions require to use it at scale.Bitcoin remains largely unused in decentralized finance, with about 0.22% of its supply, or roughly $3.07 billion, currently deployed in decentralized finance (DeFi) protocols, according to the announcement and onchain data from DefiLlama.

The rollout also includes participation commitments from custodians and infrastructure providers such as Ledger and Cubist, along with Sui-based DeFi protocols expected to support lending, custody and collateral management once the platform launches.

Hashi said it will rely on a combination of multi-party computation custody and smart contracts on Sui to manage collateral and facilitate lending, with audits and formal verification planned before launch.

Additional features outlined include insurance coverage for BTC collateral and plans for issuing Bitcoin-backed bonds. The project is currently in development, with a devnet expected soon and a mainnet launch planned for later this year.

Bitcoin-backed lending rebounds after post-FTX collapseBitcoin-backed lending markets shrank sharply following the 2022 collapse of crypto lenders BlockFi and Celsius Network, where rehypothecation and opaque risk management exposed users to significant losses.

The practice of rehypothecation, reusing customer collateral to generate additional loans, amplified systemic risk during that period and contributed to a broader loss of confidence in crypto lending platforms.

In recent years, however, interest in Bitcoin-backed lending has begun to recover as regulators and companies explore models that emphasize transparency, collateral management and reduced counterparty risk.

In June, the US Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to explore whether cryptocurrencies can be counted as borrower reserves in mortgage risk assessments, marking a shift toward recognizing digital assets like Bitcoin without requiring conversion into US dollars.

Private companies are also building Bitcoin lending products. In June, Jack Mallers said Strike had updated its Bitcoin-backed loan agreement to state that user collateral is held in segregated wallets and is not rehypothecated, “never has been, never will be,” according to a post on X.

Source: Jack MallersIn January, Coinbase reintroduced Bitcoin-backed loans in the United States, allowing eligible users to borrow up to $100,000 in USDC against BTC held on the platform.

Other companies, including Ledn, also offer loans against Bitcoin while emphasizing stricter custody and risk controls.

Magazine: Big Questions: Can Bitcoin save you from the dreaded Cantillon Effect?

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

TLDR Table of Contents

TLDRXRP Ledger Wallets and Active Addresses ClimbXRPL Transactions and DeFi Activity ExpandTokenized Commodities on XRP Ledger Reach $1.14BGet 3 Free Stock Ebooks The XRP Ledger surpassed 7.7 million non-empty wallets, marking a new record in its 13-year history. Active addresses on the network climbed to 46,767, reaching a five-week high on March 16. Daily transactions on the XRP Ledger rose to nearly 3 million, with payments hitting a one-year peak of 2.7 million. Tokenized commodities on the network expanded from $111 million to $1.14 billion in 2026. The XRP Ledger now accounts for about 15% of the global tokenized commodities market. The XRP Ledger (XRPL) recorded new highs across wallets, transactions, and tokenized assets this week. Network data shows steady growth in user accounts and daily activity. The latest figures confirm expanding usage across payments, decentralized finance, and real-world asset issuance.

XRP Ledger Wallets and Active Addresses Climb The XRP Ledger surpassed 7.7 million non-empty wallets, marking a record in its 13-year history. Santiment data shows steady accumulation despite a broader crypto market downturn. Wallet growth continued even when XRP price traded below $1.20 earlier this year.

Market participants increased holdings during price weakness, and wallet counts moved higher. Santiment stated, “Wallet growth often signals user adoption and sustained interest.” The data shows consistent onboarding across retail and enterprise accounts.

Active addresses also increased during the recent price recovery. On March 16, active addresses reached 46,767, a five-week high. The rise followed a February slowdown when some holders shifted into stablecoins.

However, activity rebounded as XRP moved above $1.50. Network data linked the address growth with renewed engagement. The figures reflect broader participation rather than isolated spikes.

XRPL Transactions and DeFi Activity Expand Daily transaction volume on the XRP Ledger approached 3 million earlier this week. Payment transactions reached 2.7 million, the highest level in one year. The data shows active transfers, trading flows, and enterprise usage.

Transaction growth tracked closely with rising address activity. On-chain records show sustained throughput across multiple days. The ledger processed payments and token transfers without reported disruption.

Decentralized finance metrics also moved higher during the same period. Automated market maker pools increased to 27,503, according to XRPScan data. These pools collectively locked 12.52 million XRP at press time.

Liquidity levels improved as new pools launched across trading pairs. The pool count rose from around 27,000 within days. XRPScan data confirmed the updated figures on the network dashboard.

Tokenized Commodities on XRP Ledger Reach $1.14B Tokenized commodities on the XRP Ledger expanded from $111 million to $1.14 billion in 2026. The growth placed XRPL second behind Ethereum in this market segment. The network now accounts for about 15% of the global tokenized commodities market.

Issuers increased commodity-backed tokens during the year. On-chain data recorded steady issuance growth across asset categories. The expansion reflects rising adoption of blockchain-based asset representation.

Market trackers reported the updated totals this week. The $1.14 billion figure reflects the latest recorded valuation. Current network data continues to show 27,503 AMM pools locking 12.52 million XRP.

Forward Industries (NASDAQ:FWDI) will repurchase 6.16 million shares for $27.4 million using a $40 million loan from Galaxy Digital at 3.4% APR, increasing SOL-per-share by 29% annualized.

The Share Repurchase MathThe transaction reduces Forward’s common shares outstanding from 83.14 million to 76.98 million, the company announced Thursday.

As of March 18, Forward holds 7.01 million SOL with 105.89 million fully diluted shares outstanding, resulting in SOL-per-share of 0.0662 versus 0.0624 on December 31.

The company borrowed $40 million at a weighted average annual interest rate of approximately 3.4% with an average weighted maturity of 4.9 months. 

The facility is secured by fwdSOL held in the company’s treasury.

“By repurchasing shares at a discount to both our net asset value and current market price, and by securing attractively priced financing that allows us to maintain staking rewards on our collateral, we are able to return a meaningful block of shares to our treasury while continuing to compound our digital asset holdings,” said Ryan Navi, Chief Investment Officer.

The Staking AdvantageForward continues to earn staking rewards on the underlying SOL used as collateral, enabling the company to maintain yield generation while accessing low-cost capital. 

This structure allows Forward to increase SOL-per-share through the buyback while still generating staking income on the pledged assets.

The 3.4% borrowing cost sits well below typical corporate debt rates and significantly below the company’s SOL staking yield, creating a positive carry trade where the company earns more on staking than it pays in interest.

The Cost Reduction PlanForward expects SG&A expenses excluding stock-based compensation and design segment SG&A to decrease by approximately 45% from $6.5 million in fiscal Q1 to an estimated $3.6 million by fiscal Q3.

The cost reductions include lower fees under the company’s services agreement with Galaxy Digital LP, reduced outside legal expenses, lower marketing expenditures, reduced third-party vendor costs, and other operational efficiencies.

“We are executing on a series of operational initiatives designed to reduce our cost structure and improve operating leverage,” said Kyle Samani, Chairman of Forward Industries.

FWDI Tests Channel SupportForward is testing channel support after a brutal collapse from the $8.80 peak in mid-January. 

Since bottoming near $4 in mid-February, price has carved higher lows and higher highs within a well-defined ascending channel.

The EMA cluster compresses tightly around current price with the 20, 50, and 100 EMAs all sitting at $5.10. 

The Supertrend at $5.44 is the immediate hurdle. Reclaiming and holding above $5.44 would put price above both the Supertrend and the EMA cluster simultaneously.

Channel support near $4.80 must hold—a break below flips the recovery thesis. Above $5.44 with volume, the path to $5.95 (200 EMA) opens quickly.

Image: Shutterstock

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ETHFI is sparking substantial buzz on social media as Arthur Hayes capitalizes on the DeFi token right before Upbit’s surprise listing.

Market Sentiment:

Bullish Bearish Neutral

Published: March 19, 2026 │ 5:13 PM GMT

Created by Kornelija Poderskytė from DailyCoin

Arthur Hayes quietly received about $72,800 worth of Ether.fi (ETHFI). Then, just few hours later, South Korea’s biggest exchange by volume, Upbit, announced a new Korean-won trading market for the token—timing that immediately set off chatter among on-chain watchers.

Blockchain tracking data shows the transfer landed when ETHFI was changing hands around $0.55. Upbit’s notice followed roughly five hours later, with trading slated to open the same day.

Sponsored

ETHFI jumped sharply on the headline, briefly pushing as high as the mid-$0.60s before pulling back closer to the high-$0.50s.

A Perfectly-Timed transfer & a Price Spike That Doesn’t Fully StickThe transaction was flagged because it arrived so close to the listing announcement, not because ETHFI was newly on Hayes’ radar. Market observers noted he has been active in DeFi-themed allocations in recent months, and past wallet activity suggests he has moved sizable amounts of ETHFI before.

$ETHFI shift in behavior here…about a month ago, Arthur Hayes moved out 2.15M ETHFI — roughly $1M at the time, around an average price of $0.47. Looked very much like distribution… or at least stepping away from the position.

But today, there’s a small twist👇

He just… pic.twitter.com/9VfaEj3f7c

— EyeOnChain (@EyeOnChain) March 19, 2026 Still, the episode highlights how hypersensitive altcoin markets can be to exchange access—especially when that access includes a fiat trading pair.

A KRW market tends to matter more than an additional crypto-to-crypto pair, simply because it can broaden the buyer base and compress friction for local retail flows.

Upbit applied its standard launch guardrails, briefly restricting certain order types and limiting extreme sell pricing during the initial window. Even with those controls, the first reaction was fast: a vertical move up, followed by a partial retrace as early buyers took profit.

Why Traders Care: Listings, Liquidity & The Optics Of Smart TimingThere’s no public evidence the transfer was connected to the listing decision, and crypto markets regularly produce coincidences that look cleaner in hindsight than they did in real time.

But the optics are hard to ignore in a sector where information asymmetry—and suspicion of it—can move price almost as much as fundamentals.

The more durable takeaway may be simpler: exchange listings can still create sudden volatility, and that volatility can fade quickly if follow-through liquidity doesn’t arrive. ETHFI’s pop-and-pullback is a reminder that “listing pumps” often reward positioning and risk management more than conviction.

Check Out DailyCoin’s hottest crypto news today:
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DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?

Market Sentiment

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

TL;DR:

Centrifuge and LayerZero announced an integration to expand multichain access to tokenized funds across more than 165 blockchain networks. The first adopted products include JTRSY, with nearly $861 million in tokenized Treasuries, alongside JAAA and SPXA, the first licensed tokenized S&P 500 fund. The assets will be deployed on Zero, LayerZero’s Layer 1 blockchain backed by Citadel Securities, DTCC, ICE, and Google Cloud. Centrifuge and LayerZero announced a partnership to integrate Centrifuge’s institutional tokenization infrastructure within the interoperability protocol’s ecosystem. The agreement aims to broaden access and distribution of tokenized real-world asset (RWA) products from the moment of launch, giving them multichain reach.

The integration directly addresses the cross-chain fragmentation problem affecting institutional tokenization. Through LayerZero’s OApp standard, issuers can extend their products to more than 165 networks while maintaining a unified supply.

Centrifuge: Three Funds Moving the Board The first Centrifuge products to adopt LayerZero are three tokenized funds: JTRSY —the largest by total value, with nearly $861 million in tokenized U.S. Treasuries—, JAAA and SPXA, the latter launched in September as the first licensed tokenized fund of the S&P 500 index. All three will expand to Ethereum, Solana, Avalanche, BNB Chain, Base, Optimism, and HyperEVM. According to data from RWAxyz, JTRSY operates mostly on Ethereum, while SPXA is concentrated entirely on Base, Coinbase’s network.

They are also laying the groundwork for Centrifuge assets to be deployed on Zero, the Layer 1 blockchain recently launched by LayerZero with the backing of Citadel Securities, the Depository Trust & Clearing Corporation, Intercontinental Exchange, and Google Cloud, designed as core infrastructure for financial markets.

Zero, the Next Stage Bryan Pellegrino, CEO of LayerZero Labs, noted that Centrifuge, with its institutional client base and tokenization suite, is exactly the type of asset the network was designed for.

LayerZero Labs reported that the protocol surpasses $90 billion in secured assets and brings together more than 700 projects being built within its ecosystem. The company also noted that it handles more than 70% of all cross-chain messaging traffic in Web3.

Tokenized on-chain RWAs reached $18.4 billion by the end of 2025, with the number of holders growing from 84,000 to 564,000 over the course of the year, according to a report by Centrifuge itself. The platform currently accumulates $1.33 billion in asset value distributed across its tokenized RWA products.

Morgan Stanley filed its second S-1 amendment with the Securities and Exchange Commission (SEC) for the Morgan Stanley Bitcoin (BTC) Trust, a spot Bitcoin exchange-traded fund (ETF) set to trade under ticker MSBT on NYSE Arca.

If approved, MSBT would be the first spot Bitcoin ETF issued by a major US bank, marking a shift from distributing third-party products like BlackRock’s iShares Bitcoin Trust (IBIT) to capturing management fees directly.

Morgan Stanley Moves From Distributor to IssuerMorgan Stanley began allowing its financial advisors to recommend Bitcoin ETFs to clients in August 2024, initially directing them toward existing products from BlackRock and Fidelity.

By early 2026, the bank’s more than 15,000 advisors had been authorized to proactively pitch Bitcoin ETFs rather than wait for client requests.

The economics explain the pivot. By issuing its own ETF, Morgan Stanley captures management fees estimated between 0.20% and 0.30% instead of earning distribution commissions on a competitor’s product.

The bank manages approximately $1.8 trillion in wealth management assets, making even a small allocation shift significant.

The updated filing confirms key operational details that earlier versions left open.

Share prices will be calculated daily using the CoinDesk Bitcoin Benchmark at the 4 PM New York settlement rate. The trust will seed with 50,000 initial shares, generating roughly $1 million in starting proceeds. Custody Split Between Coinbase and BNY MellonMorgan Stanley divided custody responsibilities between two institutions.

Coinbase Custody Trust Company will handle physical Bitcoin storage in offline cold wallets. Bank of New York Mellon (BNY Mellon) will serve as cash custodian, administrator, and transfer agent. The fund will support both cash and in-kind creations and redemptions, a structure designed for institutional authorized participants who need flexibility in how they enter and exit positions.

Morgan Stanley is not stopping at Bitcoin. The bank filed for a spot Ethereum (ETH) ETF on January 7, 2026, which will include staking provisions. A Solana (SOL) Trust filed one day earlier plans to stake a portion of its holdings and distribute rewards to shareholders quarterly.

A Crowded Queue With 126 ApplicationsThe SEC is currently reviewing more than 126 pending crypto ETF applications as of March 2026. Morgan Stanley enters a field where competition is accelerating rapidly.

Goldman Sachs acquired Bitcoin ETF issuer Innovator for $2 billion in 2025 and now holds $2.4 billion in crypto exchange-traded products. Merrill Lynch cleared its wealth advisors to recommend spot Bitcoin ETFs in January 2026. Fidelity amended its Ethereum ETF filing in March to add staking. Eight XRP ETF applications remain pending, with analysts estimating approval could unlock $5 billion to $7 billion in immediate inflows. JPMorgan analysts project that pension funds and endowments could drive up to $130 billion in annual inflows into regulated crypto products during 2026.

The management fee, which the filing left undisclosed, will determine how competitive MSBT is against BlackRock’s IBIT at 0.25% and Fidelity’s FBTC at 0.25%.

Whether Morgan Stanley prices below, at, or above that threshold will signal how aggressively the bank intends to compete for assets it currently helps its rivals collect.

XRP (XRP) jumped on renewed optimism that Ripple could eventually secure a U.S. banking license, but the rally quickly cooled as traders ran into heavy selling near the $1.60 level and booked profits.The token initially rose about 3.5% before reversing to as low as $1.47, underscoring how sensitive majors remain to headline-driven flows even as the market digests a major regulatory signal from U.S. agencies.As of Thursday ET, XRP was changing hands around $1.44, giving it a market capitalization of roughly $88.6 billion. Spot trading volume over the past 24 hours stood near $2.7 billion, reflecting elevated activity during the swing.The banking-license narrative gained traction after Teucrium CEO Sal Gilbertie argued that if XRP were to reach $6, Ripple’s implied enterprise value could approach $240 billion—roughly comparable to the scale of a ‘global top-10 bank.’ Market participants interpreted the comment as a reminder that a formal banking charter, if pursued and obtained, could accelerate Ripple’s integration with mainstream financial rails.Price action, however, emphasized technical friction. XRP failed to break above the $1.60 resistance zone and then slid about 3.78% over 24 hours, mirroring broader risk-off sentiment as Bitcoin (BTC) fell about 4.63% and the wider crypto complex moved into a synchronized pullback.Volatility has also persisted even after a notable regulatory development earlier in the week. On March 17, 2026 ET, the Securities and Exchange Commission and the Commodity Futures Trading Commission classified XRP alongside Bitcoin (BTC) and Ethereum (ETH) as a ‘digital commodity,’ a designation traders view as supportive for institutional market structure and derivatives use cases.Ripple Prime’s CEO highlighted that the classification has practical implications for market plumbing, including the ability to use XRP as collateral in CME futures trading—an incremental step that could broaden the token’s utility for professional trading desks and liquidity providers.Even with that tailwind, near-term positioning remains split between momentum buyers focused on a renewed push through $1.60 and risk managers watching the $1.40 area as a key support. A clean breakdown below that floor could invite additional deleveraging, while another failed breakout attempt may keep XRP pinned in a choppy range.Longer-term narratives continue to circulate, including projections that XRP could trade around $2.00 sometime in 2026—implying roughly a 32% gain from current levels—on expectations that Ripple’s payment stack continues to expand globally. Still, market participants typically treat such model-based targets as scenario framing rather than forecasts, particularly in a cycle where regulatory and macro catalysts can quickly reshape liquidity conditions.On-chain and valuation metrics highlight XRP’s scale among large-cap tokens: its fully diluted valuation was estimated around $144.7 billion, with circulating supply near 61% of the total. With market dominance near 3.7%, traders broadly see XRP as a bellwether for how quickly regulatory clarity can translate into sustained ‘institutional demand’—but the latest reversal shows that conviction remains conditional on follow-through in both price and policy.Article Summary by TokenPost.ai

🔎 Market Interpretation

Headline-driven spike, then fade: XRP popped ~3.5% on renewed banking-license optimism but quickly reversed, failing at $1.60 resistance and sliding toward the mid-$1.40s—classic “buy the headline, sell the level” behavior.

Risk-off correlation remains high: The pullback aligned with broader market weakness (BTC down ~4.63%), suggesting XRP’s near-term direction is still heavily influenced by macro/market beta despite token-specific catalysts.

Regulatory signal supports structure, not immediate price: The SEC/CFTC ‘digital commodity’ classification is viewed as constructive for institutional market plumbing, yet the price reaction shows traders are still prioritizing technical levels and positioning over longer-horizon policy implications.

Key levels define the trade: Bulls are focused on a decisive break above $1.60; risk managers are watching $1.40 as pivotal support. A breakdown could trigger deleveraging; repeated failures at resistance could keep XRP range-bound.

Activity elevated during volatility: With ~$2.7B in 24h spot volume and an ~$88.6B market cap, the move reflects active participation and fast profit-taking typical of large-cap, news-sensitive tokens.

💡 Strategic Points

Map scenarios to catalysts (not narratives):

Base case: Range trade between $1.40–$1.60 while the market digests commodities classification and broader risk conditions.

Bull case: Confirmed breakout and acceptance above $1.60 could attract momentum flows; watch follow-through and volume rather than the initial spike.

Bear case: A clean break below $1.40 may lead to forced selling/deleveraging as stops trigger and leverage resets.

Separate “charter optionality” from current fundamentals: Banking-license discussion is option value—impactful if pursued/approved, but timing and probability remain uncertain. Price can overshoot on speculation and mean-revert quickly, as seen here.

Institutional utility angle to monitor: If XRP becomes usable as collateral in CME futures (as suggested), it can improve capital efficiency for desks/LPs—potentially supportive for liquidity and spreads, though not guaranteed to translate into sustained spot appreciation.

Watch positioning and liquidity conditions: The article emphasizes that model-based targets (e.g., ~$2 in 2026) are scenario framing. In practice, regulatory headlines + macro liquidity can quickly dominate, so risk management around key levels matters more than long-dated projections.

Valuation awareness: With FDV cited near $144.7B and ~61% circulating, traders may discount upside narratives by factoring in supply structure and how incremental demand must scale to move large-cap valuations.

📘 Glossary

Resistance ($1.60): A price zone where selling pressure historically overwhelms buying, often leading to pullbacks unless broken decisively.

Support ($1.40): A level where buying interest tends to appear; a break below can accelerate declines as stops and deleveraging kick in.

Digital Commodity: A regulatory classification implying an asset may fall under commodity-style oversight/market structure expectations, often seen as friendlier for institutional participation than a securities designation.

CME Futures Collateral: Using an asset (potentially XRP) to meet margin/collateral requirements for futures trading, improving capital efficiency for professional traders.

Deleveraging: Forced or voluntary reduction of leveraged positions (e.g., margin/derivatives), which can amplify downside moves during support breaks.

FDV (Fully Diluted Valuation): Market cap assuming the entire token supply is in circulation; helps assess supply overhang and long-term valuation sensitivity.

Market Dominance: A token’s share of total crypto market capitalization; used as a rough gauge of relative size and influence.

Enterprise Value (EV) analogy: A traditional finance valuation concept (company value) used here as a comparative framing tool (e.g., “top-10 bank scale”), not a direct on-chain valuation method.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Ahmed Balaha

Author

Ahmed Balaha

Part of the Team Since

Aug 2025

About Author

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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11 minutes ago

Vivek Ramaswamy Strive Asset Management just passed Tesla on the corporate Bitcoin leaderboard.

The firm now holds 13,310.9 BTC worth roughly $944 million, claiming the 10th spot among public treasury holders. Tesla’s 11,509 BTC is now behind them.

The update came alongside Q4 results that also confirmed a dividend hike for SATA preferred stock to 12.75% and a $50 million investment in Strategy’s STRC preferred stock.

Strive is not just talking about Bitcoin. It is building a treasury to match.

Key Takeaways

BTC Holdings: Strive now holds 13,310.9 BTC (~$944M), surpassing Tesla to enter the top 10 public treasuries. SATA Dividend: The board hiked the dividend on SATA preferred stock to 12.75% to attract yield-focused capital. STRC Investment: The firm deployed $50 million into Strategy’s STRC preferred stock to generate yield on its balance sheet. Ramaswamy Strive’s Bitcoin Capital Stack: Funding the BuyStrive is scaling its Bitcoin treasury fast using a mix of at-the-market offerings and structured finance instruments.

Since going public in September 2025, the firm has accumulated BTC through PIPE proceeds and its acquisition of Semler Scientific. The latest tranche added roughly 317 BTC.

STRIVE ANNOUNCES 4Q25 FINANCIAL RESULTS

KEY HIGHLIGHTS
– Accumulated 13,628 Bitcoin as of 3/17/26
– BTC Yield of 22.2% in 4Q25 & 13.5% 1Q26 QTD
– BTC Gain of ₿1,305 BTC in 4Q25 & ₿1,050 1Q26 QTD
– BTC $ Gain of $114.3M in 4Q25 & $78.2M 1Q26 QTD$ASST $SATA

— Strive (@Strive) March 19, 2026 The capital stack is deliberate. Strive purchased $50 million of Strategy’s STRC preferred stock to fund its SATA dividend program. Holding high-yield Bitcoin-backed instruments like STRC generates the cash flow needed to support the 12.75% payout while maintaining direct BTC exposure at the same time.

The numbers back the approach. Strive reported a Bitcoin Yield of 22.2% in Q4 2025. GAAP net loss came in at $393.6 million driven by fair value declines. But GAAP is not the metric investors in this playbook are watching. BTC per share accretion is. And that number is moving in the right direction.

What It Means for Corporate Adoption: A New LeaderboardPassing Tesla is more than a leaderboard moment. Tesla has held a static position since its initial buys and partial sales. Strive represents something different entirely. A financial firm actively re-engineering its balance sheet around Bitcoin as a core strategy.

The shift is broader than one company. Institutional crypto is moving from passive holding to active treasury management. Evernorth built a SPAC around XRP reserves.

Strive is proving public markets will award a premium to companies that successfully securitize Bitcoin holdings. The model gives shareholders Bitcoin volatility plus a yield component through the 12.75% SATA dividend. Spot ETFs cannot offer that combination.

Out of the numerous successes Strive had in our first six months as a public company, the most important was cementing our foundation as a structured finance company laser focused on digital credit.

We see a multi-trillion dollar opportunity for digital credit to scale in the… https://t.co/sfLWPrlZaa

— Matt Cole (@ColeMacro) March 19, 2026 CEO Matthew Cole has signaled the accumulation is not slowing down. Over $83 million in cash remains on hand with a $500 million shelf offering still available. The buy walls are staying active.

The infrastructure is built. The capital is deployed. The race for balance sheet supremacy is accelerating and Strive just moved into the top 10.

Discover: The best new crypto in the world

Strategy built a billion-dollar machine that turns yield-seekers into bitcoin buyers. Today’s macro storm is the first real test of what happens when it stalls.

The machine runs until it doesn't.

Posted March 19, 2026 at 1:54 pm EST.

Bitcoin fell below $69,000 on Thursday, erasing roughly a week of gains in a few hours. 

The catalyst was a pile-up of macro headwinds: the U.S. producer price index rose 0.7% in February, more than double the 0.3% economists expected. Core PPI jumped to 3.9% year-over-year, its highest in over a year. Hours later, the Federal Reserve held rates steady at 3.5% to 3.75% and projected only one cut for the remainder of 2026. Chair Powell’s tone was cautiously hawkish, emphasizing that rate cuts would require real progress on inflation, particularly goods inflation driven higher by tariffs and surging energy costs.

Energy costs are the other half of this story. The Israel-Iran conflict has pushed Brent crude above $108 per barrel, up roughly 40% since the war began in late February. Israeli strikes on Iran’s South Pars gas field, the world’s largest, triggered a new round of retaliation threats and pushed oil prices toward levels not seen since 2022. Rising energy prices feed directly into producer costs, which drive consumer inflation, which makes the Fed reluctant to cut. The loop is tightening.

The Company That Bought the Dip (And Then the Dip Got Deeper) Here’s the part most people are not connecting. Strategy, the largest corporate holder of bitcoin, owns 761,068 BTC purchased at an average price of $75,696. At Thursday’s price of roughly $69,100, the company is sitting on approximately $5 billion in unrealized losses across its entire stack. That is not a crisis. Strategy has no debt covenants that would force a liquidation, and its $2.25 billion in cash reserves can cover about 25 months of dividend obligations.

But Strategy’s buying engine has quietly shifted. Last week, the company bought 22,337 BTC for $1.57 billion, its fifth-largest acquisition ever. Of that, roughly $1.18 billion, or 75%, came from selling shares of STRC, Strategy’s perpetual preferred stock. Benchmark analysts have called STRC the “primary engine” for the company’s bitcoin accumulation going forward. 

STRC is a preferred share designed to trade near $100 par value while paying an 11.5% annualized variable dividend. In calm markets, the instrument works beautifully: investors buy STRC for yield, Strategy sells STRC into the market, and the proceeds go straight into bitcoin.

The question investors should be asking is simple: what happens to that machine in a bear market like this one?

Strategy has built a $10 billion preferred securities stack around an asset it has vowed never to sell, and the interest clock is running at over $1 billion per year with zero operating income to cover it. The macro environment that’s crushing bitcoin is the same one that threatens the machine buying it.

In this issue, we’ll go over:

The STRC feedback loop in reverse: how the instrument that funded 75% of Strategy’s latest bitcoin purchase depends on two sentiment-driven conditions that are both deteriorating right now, and what happens when the flywheel runs backward The stakeholder conflict most people are ignoring: Arca CIO Jeff Dorman’s argument that Strategy’s four stakeholder groups, bitcoin holders, debt holders, preferred holders, and common shareholders, all believe they are safe, but mathematically cannot all be right Three scenarios for where bitcoin goes from here: the bull, base, and bear cases, each tied to specific macro triggers and Strategy’s ability to keep buying What to watch: the concrete data points (mNAV, STRC par price, oil, and the Fed’s dot plot) that will tell you whether the flywheel is holding or breaking Why serious investors subscribe:

Clear thinking during macro regime changes

Fewer trades, better decisions

Avoiding one bad allocation often matters more than finding one great trade

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Happy Thursday! Bitcoin slipped back below $70,000 as inflation surprises, hawkish Fed signals, and rising oil prices triggered a broader risk-off move, with analysts saying the downturn is being driven by tightening liquidity and macro pressures rather than crypto-specific catalysts.

In today's newsletter, a bitcoin OG sells another $72 million in BTC, a whale investor buys $111 million worth of ETH, XRP treasury firm Evernorth files to go public, and more.

Meanwhile, Major League Baseball named Polymarket its exclusive prediction market partner and signed an MOU with the CFTC to safeguard betting integrity.

P.S. Don't forget to check out The Funding, a biweekly rundown of crypto VC trends. It's a great read — and just like The Daily, it's free to subscribe!

Bitcoin OG sells $72 million in BTC as whales flood exchange deposits A bitcoin OG who originally accumulated 5,000 BTC back in 2013 sold another 1,000 BTC worth around $70 million, continuing a broader distribution trend.

The same wallet has now transferred 3,500 BTC, or roughly $332 million, to Binance since November 2024, according to onchain analyst EmberCN. The whale bought at an average price of just $332 and sold at an average price of $94,786, generating around $330 million in profits while still holding about 1,500 BTC, the analyst said. Separately, Lookonchain said early investor Owen Gunden also sold an additional 650 BTC worth $46.3 million on Wednesday, adding to over $1 billion in prior disposals. CryptoQuant data shows whales dominated exchange inflows over the past few days, with the top 10 deposits accounting for up to 83% of total BTC inflows during recent peaks. As of Thursday, the exchange whale ratio sits at 0.66, indicating that whale holders are still driving the majority of deposits into exchanges. Whale investor buys $111 million worth of Ethereum one year after selling On the flip side, another whale trader bought 50,706 ETH for $111.6 million in USDT at an average price of $2,201, marking their first activity after seven months of dormancy.

They recycled proceeds from selling 28,683 ETH a year ago for $3,892, suggesting the trader is positioning for a low entry anticipating price appreciation, according to Lookonchain. Similar whale behavior is emerging across the market, with large investors accumulating ETH after periods of extended inactivity. Lookonchain noted earlier this week that a trader bought 23,393 ETH with 49 million USDT, after selling 12,886 ETH a year earlier at $3,324. XRP treasury firm Evernorth files S-4 registration for $1 billion SPAC deal XRP-focused crypto treasury firm Evernorth filed an S-4 with the SEC to go public via a SPAC merger with Armada Acquisition Corp. II and list on the Nasdaq under the ticker XRPN.

The deal is expected to raise over $1 billion in gross proceeds, backed by investors including Ripple, SBI, Pantera, Kraken, and GSR. The combined entity plans to launch with at least 473 million XRP ($678 million), positioning it as one of the largest XRP treasury vehicles. Evernorth aims to generate returns through (XRP) accumulation, lending, liquidity provision, and validator operations on the XRP Ledger. Crypto.com cuts around 12% of staff as CEO pushes enterprise-wide AI integration Crypto.com cut roughly 12% of its workforce, eliminating about 180 roles, based on a previously disclosed headcount of over 1,500 employees, as it accelerates enterprise-wide AI integration.

CEO Kris Marszalek said the layoffs target roles that "do not adapt" as the company shifts toward AI-driven operations. The move marks the firm's third round of layoffs since 2022, following prior cuts tied to a macroeconomic downturn and the FTX fallout. The reductions reflect a broader industry trend, with firms like Gemini, Block, and Messari also recently announcing layoffs while pivoting to AI-focused models. Bitcoin, ether ETFs snap multi-day inflow streaks with $219 million in combined outflows Investors pulled $219.2 million from U.S. spot bitcoin (BTC) and ether (ETH) ETFs on Wednesday, snapping their recent multi-day inflow streaks.

Bitcoin led the net outflows with $163.5 million exiting the funds, while ether ETFs saw $55.7 million in redemptions. The reversal came as bitcoin slipped back below $70,000, aligning ETF outflows with a broader market downturn. In the next 24 hours It's quiet on the economic calendar front. LayerZero, Wormhole, and KAITO are among the crypto projects set for token unlocks. Merkle Meet DC 2026 gets underway. Never miss a beat with The Block's daily digest of the most influential events happening across the digital asset ecosystem.

Disclaimer: This article was produced with the assistance of OpenAI’s ChatGPT/xAI’s Grok and reviewed and edited by our editorial team.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Published: Mar 19, 2026 at 18:05

Litecoin's (LTC) price has risen above the 21-day and 50-day moving averages.

Litecoin price long-term prediction: bullish The positive momentum broke through resistance at $57 but did not reach previous highs. The upward movement was halted at the recent peak when the altcoin failed to reach its target price of $70.

Currently, the altcoin is retracing above the moving averages. If the altcoin retraces and holds above the 50-day SMA support, it will resume its upward trend. If the bears push the price below the moving average lines, the altcoin will return to its range above the $50 support.

Today, Litecoin is worth $55 and remains above the moving average lines.

Technical Indicators: Resistance Levels – $100, $120, $140

Support Levels – $60, $40, $20

Litecoin indicators analysis Currently, the cryptocurrency price is above the horizontal moving averages. Bears are attempting to push the price below the moving average lines, which would cause the cryptocurrency to decline further. On the 4-hour chart, the price bars have fallen below the horizontal moving average lines, indicating a downturn.

What is the next move for Litecoin? Litecoin is reverting to its trading range above the $50 support level as bears attempt to push the price below the moving average lines. On the 4-hour chart, the price has already fallen below the moving average lines but remains above the $55 support. The cryptocurrency is now within its range and could remain there for a few more days.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.

HomeDividends AnalysisDividend Strategy

SummaryThe performance of the VanEck BDC Income Exchange Traded Fund, which includes over 30 BDCs in its market cap-weighted index, gives a good sense of how BDCs performed in these different environments.During the rate-cutting period, which initiated the pressure on BDC profits, BDCs have had to cope with the DeepSeek AI shock, peaking just ahead of that event on 19 February 2025.With AI technologies seemingly set to destroy any potential profitability these firms had, many BDCs were suddenly faced with having to write down large portions of their portfolios. But not all BDCs are in that boat. David Gyung/iStock via Getty Images

When we reviewed the carnage among business development companies, or BDCs, when recapping February 2026's dividend decreases, its concentration within this sub-sector of the financial services sector of the U.S. economy really stood out.

3.39K Followers

ORCL ramps up AI capex to $50B as surging cloud growth and a $553B backlog fuel debate over whether its bold bet will deliver long-term payoff.

The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar November 20, 2012. REUTERS/Arnd Wiegmann/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesGovernment has offered to cut electricity tariffs by 54%Smelters baulk at conditions attached to tariff offerDozens of smelters have shut over high power costsThousands of jobs in dangerJOHANNESBURG, March 19 (Reuters) - Glencore's (GLEN.L), opens new tab South African ferrochrome unit could walk away from talks with ‌the government over a discounted electricity package due to what it sees as unfavourable conditions, an executive said on Thursday.

Glencore has said it requires reduced tariffs to keep its loss-making smelters open and avert job cuts. The ​government is keen to save the smelters, which employ thousands and are major customers ​of the state-owned electricity supplier Eskom.

Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here.

Eskom on February 27 offered the country's two ⁠biggest ferrochrome firms, including the Glencore unit, heavily discounted electricity in a bid to rescue their troubled ​operations.

The offer, to reduce electricity tariffs from 1.36 rand ($0.0808) to 0.62 rand per kilowatt hour, is ​subject to approval by South Africa's energy regulator under conditions that are yet to be made public.

But Glencore Ferroalloys CEO Japie Fullard warned the company could walk away from the talks, saying some conditions of the package deal ​were not acceptable to the company.

"The terms and conditions, the way that it is now, I ​unfortunately will not be in a position to sign," Fullard said at a mining conference in Johannesburg.

"So that ‌means, if ⁠they do not come to the party, we are going to walk away from the 62 cents (deal)," he added.

SOUTH AFRICAN SMELTERS BATTLING HIGH COSTSFullard said representatives of the ferrochrome firms were meeting government representatives late on Thursday.

Glencore on March 2 deferred lay-off procedures at its ferrochrome until March 31 ​to allow ongoing negotiations. ​As many as 1,500 ⁠jobs would be cut if no agreement is reached on the electricity tariff package, Fullard added.

Samancor Chrome, the other ferrochrome producer which was offered ​discounted electricity, has said it is going ahead with plans to lay off ​workers.

The firm ⁠said while the reduced tariff addressed electricity cost pressures, the terms and conditions attached to the offer posed "a threat to the long-term viability of the ferrochrome industry".

Neither Glencore nor Samancor have disclosed the conditions as ⁠negotiations ​are ongoing.

South African smelters are battling high electricity costs, which ​have risen tenfold since 2008, amid growing competition from Chinese producers. Only 11 out of a possible 66 smelters are ​still operational in the country.

($1 = 16.8380 rand)

Reporting by Olivia Kumwenda-Mtambo and Nqobile Dludla, writing by Nelson Banya

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Olivia Kumwenda-Mtambo is the Reuters Southern Africa Bureau Chief. Before her appointment as bureau chief, she reported on the broader economy, including currency and bond markets and monetary policy decisions, and on mining and commodities.

Nqobile is a Johannesburg-based reporter covering the South African retail, telecom and tech sectors. She has been a journalists for about 10 years. She joined Reuters in 2015 and has covered a variety of beats ranging from pharma, health to property and banking.

SANTA ROSA, Calif.--(BUSINESS WIRE)--Enhancements to Keysight's 89600 VSA software enable AttoTude to accelerate characterization of THz technology for AI data centers.

Montreal, Québec--(Newsfile Corp. - March 19, 2026) - Québec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") is pleased to announce that it will host a live, interactive Q&A session via X Spaces to discuss previously disclosed results from drill hole DDH-26-02 at its West Advocate natural hydrogen project in Nova Scotia.

The session will provide shareholders and interested stakeholders with an opportunity to hear directly from the Company's team as it discusses recent exploration progress and ongoing exploration activities in Nova Scotia.

JOIN THE CONVERSATION

QIMC invites shareholders, industry participants, and the broader investment community to join the live session and engage in an open discussion based on the Company's latest publicly disclosed results.

Participants will have the opportunity to submit questions in advance or in real time through QIMC's official social media channels.

EVENT DETAILS

Date: March 20, 2026
Time: 11:30 AM Eastern Time
Platform: X Spaces
Host Account: @QIMCSilica
Format: Live audio discussion with audience participation
Access: Open to the public

A full recording of the session will be made available following the event on the Company's official channels and website.

TOPICS TO BE COVERED

Geological context of previously disclosed hydrogen-bearing intervals

General discussion of natural hydrogen as an emerging energy source

Overview of QIMC's R2G2™ exploration framework

The objectives of the remaining planned drill holes

All discussion topics are derived from and limited to information previously disclosed in the Company's press releases.

DISCLOSURE GUIDELINES

Discussion will be strictly limited to information previously disclosed by the Company through official press releases and regulatory filings

No new material information will be disclosed

No commentary will be provided regarding share price, trading activity, or short interest

No investment advice will be provided

SUBMIT YOUR QUESTIONS

Stakeholders are encouraged to submit questions ahead of the session via QIMC's official social platforms. Selected questions will be addressed during the live discussion.

ABOUT QUÉBEC INNOVATIVE MATERIALS CORP.

Québec Innovative Materials Corp. (CSE: QIMC) (OTCQB: QIMCF) (FSE: 7FJ) is a mineral exploration company focused on two emerging resource categories: natural (white) hydrogen and high-grade silica. The Company holds exploration properties in Ontario, Quebec, Nova Scotia, and Minnesota (USA).

QIMC's natural hydrogen exploration is conducted under its proprietary R2G2™ (Reactivated Rift and Graben Geostructure) targeting model, developed in collaboration with academic partners including INRS. Natural hydrogen - hydrogen occurring naturally in the Earth's crust independently of any industrial process - is an active and early-stage area of global scientific and commercial interest. The commercial viability of natural hydrogen remains subject to ongoing research, technological development, and regulatory considerations.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements involve risks and uncertainties and are based on current expectations. The Company undertakes no obligation to update such statements except as required by law.

Any technical or geological commentary made during the live session is intended for general informational purposes only and does not constitute formal scientific or technical disclosure.

No resource estimate has been prepared. This release does not constitute investment advice.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289229

Source: Quebec Innovative Materials Corp.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Investors might want to bet on HBT Financial (HBT - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for HBT Financial is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for HBT Financial imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for HBT FinancialFor the fiscal year ending December 2026, this bank holding company is expected to earn $3.00 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for HBT Financial. Over the past three months, the Zacks Consensus Estimate for the company has increased 10.4%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of HBT Financial to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Adlai Nortye Ltd. Sponsored ADR (ANL - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Adlai Nortye Ltd. Sponsored ADR is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

For Adlai Nortye Ltd. Sponsored ADR, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Adlai Nortye Ltd. Sponsored ADRThis company is expected to earn -$0.24 per share for the fiscal year ending December 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for Adlai Nortye Ltd. Sponsored ADR. Over the past three months, the Zacks Consensus Estimate for the company has increased 33.3%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Adlai Nortye Ltd. Sponsored ADR to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Mama's Creations, Inc. (MAMA - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Mama's Creations, Inc. is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Mama's Creations, Inc. imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Mama's Creations, Inc.This company is expected to earn $0.13 per share for the fiscal year ending January 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for Mama's Creations, Inc.. Over the past three months, the Zacks Consensus Estimate for the company has increased 12.5%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Mama's Creations, Inc. to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Recruit Holdings Co., Ltd. (RCRUY - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Recruit Holdings Co. basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Recruit Holdings Co. imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Recruit Holdings Co.This company is expected to earn $0.39 per share for the fiscal year ending March 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for Recruit Holdings Co.. Over the past three months, the Zacks Consensus Estimate for the company has increased 2.6%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Recruit Holdings Co. to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Investors might want to bet on International Consolidated Airlines Group SA (ICAGY - Free Report) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for International Consolidated Airlines Group basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.

For International Consolidated Airlines Group, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for International Consolidated Airlines GroupThis company is expected to earn $1.65 per share for the fiscal year ending December 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for International Consolidated Airlines Group. Over the past three months, the Zacks Consensus Estimate for the company has increased 1.8%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of International Consolidated Airlines Group to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Global-e Online Ltd. (GLBE - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.

Therefore, the Zacks rating upgrade for Globale Online basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For Globale Online, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Globale OnlineFor the fiscal year ending December 2026, this company is expected to earn $1.08 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for Globale Online. Over the past three months, the Zacks Consensus Estimate for the company has increased 14%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Globale Online to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

Key Takeaways XENE shares rise 20% in 3 months after positive phase III X-TOLE2 data for azetukalner in focal seizures.XENE's X-TOLE2 met its endpoint, reducing seizures with no titration and minimal interactions.XENE plans an FDA filing in Q3 2026 and advances phase III studies in MDD, BPD and epilepsy globally. Shares of Xenon Pharmaceuticals (XENE - Free Report) have gained approximately 20% over the past three months, primarily driven by positive top-line data from the X-TOLE2 study evaluating its lead candidate, azetukalner, for treating focal onset seizures (FOS).

Positive Phase III Data on Azetukalner in Epilepsy Boosts Investor ConfidenceXenon’s lead pipeline candidate, azetukalner, is being evaluated in late-stage studies for the treatment of FOS. Under the phase III epilepsy program, two identical phase III studies, X-TOLE2 and X-TOLE3, are evaluating 15 mg or 25 mg doses of azetukalner, administered with food as an adjunctive treatment in patients with FOS.

Earlier this month, Xenon announced positive top-line data from the X-TOLE2 study. The study met its primary endpoint, showing a median percent change in monthly FOS frequency from baseline to week 12 for the 15 mg and 25 mg doses of azetukalner versus placebo.

The study data also highlighted azetukalner’s differentiated clinical profile compared with existing antiseizure therapies, including the absence of a titration requirement, convenient once-daily dosing and minimal risk of drug-drug interactions.

Xenon plans to submit a new drug application to the FDA seeking approval for azetukalner for the treatment of FOS in the third quarter of 2026.

Per management, the data from the X-TOLE2 study, along with a favorable safety profile, a differentiated KV7 mechanism and ease of use, support azetukalner’s potential to become a preferred treatment for patients with uncontrolled seizures. If approved by the FDA, azetukalner would become the only KV7 potassium channel opener available for the treatment of epilepsy.

The ongoing phase III X-TOLE3 study is expected to further support regulatory filings in international markets, reinforcing the global commercial opportunity.

Encouraging clinical data and the possibility of accelerated regulatory pathways have increased optimism about XENE’s future commercial prospects, helping drive the stock higher in recent months.

Over the past year, shares of Xenon have rallied 58% compared with the industry’s 13.3% growth.

Image Source: Zacks Investment Research

Progress of XENE’s Azetukalner for Other IndicationsBesides FOS, azetukalner is also being developed for other neurological disorders, including major depressive disorder (MDD) and bipolar depression (BPD). Xenon is conducting two separate phase III clinical studies — X-NOVA2 and X-NOVA3 — evaluating azetukalner in patients with MDD. The top-line data from X-NOVA2 is expected in the first half of 2027.

Azetukalner is being evaluated in the late-stage X-CEED study in patients with BPD I or II.

The company is also evaluating azetukalner for primary generalized tonic-clonic seizures in a phase III X-ACKT study, which is currently enrolling patients.

Other Pipeline Assets Are on the MoveXenon has initiated two separate early-stage studies evaluating XEN1120 and XEN1701, which target Kv7 and Nav1.7, respectively, for a range of therapeutic indications, including seizure disorders, pain and neuropsychiatric disorders, such as MDD and BPD.

XENE, in collaboration with Neurocrine Biosciences, is currently evaluating NBI-921355, a Nav1.2/1.6 inhibitor, in a phase I study as a potential treatment for certain types of epilepsy.

XENE's Zacks Rank & Stocks to ConsiderXenon currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the biotech sector are Catalyst Pharmaceuticals (CPRX - Free Report) and Indivior Pharmaceuticals (INDV - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy), and ANI Pharmaceuticals (ANIP - Free Report) , which presently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Over the past 60 days, estimates for Catalyst Pharmaceuticals’ 2026 earnings per share have risen from $2.55 to $2.82. CPRX shares have lost 1.5% over the past year.

Catalyst Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, with the average surprise being 35.19%.

Over the past 60 days, estimates for Indivior Pharmaceuticals’ 2026 earnings per share have risen from $2.79 to $3.03. INDV shares have surged 215.4% over the past year.

Indivior Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, with the average surprise being 74.53%.

Over the past 60 days, estimates for ANI Pharmaceuticals’ earnings per share have increased from $8.28 to $8.99 for 2026. Over the past year, shares of ANIP have rallied 15.2%.

ANI Pharmaceuticals' earnings beat estimates in each of the trailing four quarters, with the average surprise being 22.21%.

NEW YORK, March 19, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Oracle Corporation (NYSE: ORCL) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Oracle securities between June 12, 2025 and December 16, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/ORCL.

Oracle Case Details

The complaint alleges that throughout the Class Period, Defendants misrepresented and/or failed to disclose that:

 (1)the Company’s AI infrastructure strategy would result in massive increases in CapEx without equivalent, near-term growth in revenue; (2)the Company’s substantially increased spending created serious risks involving Oracle’s debt and credit rating, free cash flow, and ability to fund its projects, among other concerns; and (3)as a result, Defendants’ representations about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.    What's Next for Oracle Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/ORCL. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Oracle you have until April 6, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Oracle Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Oracle Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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MCLEAN, Va., March 19, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.22%.

"The 30-year fixed-rate mortgage edged up this week to 6.22% but remains nearly half a percentage point lower than the same time last year," said Sam Khater, Freddie Mac's Chief Economist. "Potential homebuyers are poised for a more affordable spring homebuying season than last with the market experiencing improvements in purchase applications and pending home sales.”

News Facts

The 30-year FRM averaged 6.22% as of March 19, 2026, up from last week when it averaged 6.11%. A year ago at this time, the 30-year FRM averaged 6.67%.The 15-year FRM averaged 5.54%, up from last week when it averaged 5.50%. A year ago at this time, the 15-year FRM averaged 5.83%. The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions.

Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT:
Mollie Laniado
(571)382-1784
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c4b8aaa-6dd2-4e9c-8296-36ec66a5aaa3

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 03/19/2026