Market Signal Briefing

Prefer Us On Google

A long-term fractal analysis comparing the 2017–2018 and 2024–2026 cycles shows that XRP’s steep descent from its $3.65 all-time high mirrors a previous pattern that led to a strong price bottom and a swift rebound.

XRP’s weekly structure suggests a familiar setup: the drop to $1.10 mirrors a lower trendline retest of the symmetrical triangle in 2017, when the asset bottomed near $0.12 before launching higher.

Commenting on the structure, crypto analyst Javon stated that the current cycle could play out in a similar fashion to previous runs. “There is a potential we see this overall run unfold in an identical manner,” he noted, adding that the present decline may simply be a temporary correction before XRP potentially surges well beyond the $20 level.

In 2017, XRP traded within a symmetrical triangle as market leverage cooled. The consolidation eventually ended with a breakout above the pattern’s upper trendline, triggering a massive 1,577% rally.

If a similar structure plays out, bulls would need to drive XRP above the $1.78–$2.30 resistance zone to confirm a decisive breakout and signal the start of the next major rally.

Advertisement  

This zone also marks a key technical confluence, where the triangle’s upper boundary near $2 aligns with both the 100-week simple moving average (SMA) and the 50-day SMA, reinforcing the area as a critical resistance level.

On-chain metrics further highlight this barrier. XRP’s UTXO Realized Price Distribution (URPD) indicates substantial supply clusters positioned above the current spot price, with roughly 3.6% of the circulating supply concentrated around $2 and another 3.15% near $1.80. Together, these levels form a dense overhead resistance band that bulls must clear to sustain further upside.

On-Chain Metrics and Institutional Interest Remain Robust Data from CryptoQuant shows that XRP’s multi-exchange daily deposit/withdrawal transaction delta, which tracks the net number of XRP transfers across 15 major crypto exchanges, has dropped to historic lows.

In a QuickTake analysis, CryptoQuant analyst Amr Taha explained that a decline in the metric typically indicates investors are moving XRP off exchanges into external wallets.

“This behavior often reflects accumulation and long-term confidence,” Taha observed.

XRP-linked spot exchange-traded funds have accumulated roughly $1.4 billion in assets since their launch, indicating that long-term capital continues to flow into the market even as short-term trading activity begins to cool.

Outflows from the XRP funds have begun to ease, particularly after Goldman Sachs emerged as the largest holder, a development seen as a sign of growing institutional confidence in the token’s long-term outlook.

Meanwhile, Ripple is further reinforcing confidence through a $750 million share buyback program, valuing the company at a whopping $50 billion.

According to information published by Diario La Nación, forensic experts have reportedly identified coordinated communications between President Javier Milei, his sister Karina, and lobbyists of the failed memecoin Libra. Official analysis of Mauricio Novelli’s devices reveals an exchange of messages on February 14, 2025, coinciding exactly with the moment the President posted the token’s contract code on his X account. The token collapsed to zero just hours after its launch.

This finding complicates the Executive’s legal situation, as it suggests fluid, two-way contact between the presidency and the project’s creators in the United States. The impact is significant for the local market, as the fall of Libra resulted in millions in losses for thousands of investors and sparked congressional investigations into alleged participation in a crypto scam. Although Milei denies any wrongdoing, the forensic evidence contradicts his initial version of having simply copied the code from the internet.

In summary, the revelation of these messages marks a turning point in the criminal investigation into the Libra fraud in Argentina. The justice system is now seeking to determine if there was a deliberate orchestration to profit from the promotion of the token before its collapse.

Source:https://goo.su/ZYNop0

Disclaimer: Crypto Economy’s Flash News is compiled from official and verified public sources by our editorial team. Its purpose is to provide quick information on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We always recommend verifying the official channels of each project before making related decisions.

On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for a sustained price recovery.

Bitcoin STH Supply In Profit Is Currently Under 50% In a new post on X, Glassnode has talked about the latest trend in the Supply in Profit metric for the Bitcoin short-term holders (STHs). The Supply in Profit measures, as its name suggests, the percentage of the BTC supply that’s currently being held at some net unrealized gain.

In the context of the current topic, only the above-water supply held by the BTC STHs is of relevance. This cohort includes all addresses that purchased their tokens within the past 155 days. The STHs make up one of the two main divisions of the market, based on holding time, with the other side being known as the long-term holders (LTHs).

Statistically, the longer an investor holds onto their coins, the less likely they are to sell them in the future. As such, the STHs with their relatively low holding time are considered to represent the weak-minded side of the market, while the LTHs include the diamond hands.

As the chart below for the Supply in Profit of the STHs shows, the new entrants to the market were enjoying a high degree of profitability before Bitcoin experienced a bearish shift in Q4 2025:

Looks like the value of the metric has been low in recent days | Source: Glassnode on X The price decline has caused the indicator’s value to plummet, meaning a chunk of the tokens held by the Bitcoin STHs have gone underwater. From the graph, it’s apparent that the indicator dropped below the 50% mark a while ago and has continued to be in this low profitability zone since.

In the past, this cohort being under stress has generally meant a lack of demand in the market. “Demand-side risk appetite tends to remain suppressed until this flips back above 50%,” noted Glassnode.

In the chart, a few examples of the STH Supply in Profit flipping back above 50% are visible, with the latest one being the price rebound from the first half of 2025. Back then, a return of profits for the cohort led to a Bitcoin rally that set new price all-time highs (ATHs).

Given this trend, it’s possible that a flip in the metric above the 50% level could once again be of significance for the cryptocurrency. “Watch this level as a precondition for any sustained recovery,” explained the analytics firm.

BTC Price Bitcoin has been making a fresh attempt at the $72,000 level following its surge of 3% over the last 24 hours.

The price of the coin has steadily made its way back up over the last few days | Source: BTCUSDT on TradingView Featured image from Dall-E, chart from TradingView.com

Lighter [LIT] has jumped over 12% in the past 24 hours to $1.19 at press time, as trading volume surged 55%, reflecting rapidly rising market activity across spot markets. 

Strong inflows into trading activity have accompanied the price expansion, which has lifted LIT away from its recent lows near the $1.00 level. 

Buyers have stepped in aggressively after the recent decline phase, creating a short-term recovery structure. However, the broader chart still reflects a descending channel that has guided price action for several weeks. 

Still, increasing participation and accelerating trade activity suggest that traders are actively positioning around this rebound. Therefore, the market attention is now focused on whether LIT can extend the recovery toward higher resistance zones.

Can LIT reclaim control of a key channel? After rebounding from the $1.00 support region, LIT has pushed upward toward the midline of its descending channel on the daily chart. This channel has framed the asset’s decline since late January, consistently producing lower highs and lower lows across the structure. 

The recent bounce has lifted the price back toward the channel’s internal resistance area near $1.20. That zone now acts as a critical test for the ongoing recovery attempt. 

Buyers have regained some short-term control following the rejection near $1.00, yet the descending channel continues to cap the broader trend. However, the current structure shows that LIT has moved away from the channel’s lower boundary, which reduces immediate downside pressure. 

A sustained move above the midline could strengthen the recovery structure, while rejection here would keep the prevailing downtrend intact. Technical indicators now show early signals of strengthening bullish pressure after the recent rebound phase. 

At press time, the Stochastic RSI has climbed sharply, reaching 68.10, while the signal line sits near 43.21, reflecting rapidly improving short-term buying strength. This surge from oversold territory indicates that buyers have returned after the latest sell-off wave. 

At the same time, the Parabolic SAR dots have flipped below the price near the $0.986 level, signaling a potential shift toward upward directional pressure. 

This indicator shift typically appears when selling pressure weakens and recovery conditions begin forming. 

Source: TradingView Why do derivatives traders increase LIT exposure? Derivatives activity around LIT has expanded as traders increase exposure to the ongoing recovery attempt. At the time of writing, Open Interest (OI) has risen by 7.44%, pushing the total value of active futures positions to approximately $167.48 million. 

This increase indicates that market participants are adding fresh capital into LIT derivatives rather than closing existing positions. 

Rising OI often reflects growing speculation around upcoming price movement, especially when it appears alongside rising trading activity. The increase suggests that traders expect larger price swings as LIT tests key levels inside its descending structure. 

However, expanding OI also increases the probability of volatility spikes, particularly if large leveraged positions begin clustering around nearby resistance levels. 

As a result, derivatives activity now plays a growing role in shaping LIT’s short-term price behavior.

Source: CoinGlass Are Binance traders overwhelmingly betting long? Positioning data now reveals a strong bullish bias among Binance’s top traders. Approximately 72.38% of positions leaned long, while only 27.62% remained short as of writing. 

This imbalance has pushed the Long/Short Ratio close to 2.62, highlighting a clear directional preference among high-volume traders. Such positioning typically reflects confidence that the price could continue rising after the recent rebound. 

However, heavy long dominance can also increase vulnerability to sharp volatility if the price fails to extend upward. Large clusters of long positions often create liquidation pressure during sudden pullbacks. 

Still, the current ratio shows that professional traders continue to favor upside exposure rather than defensive positioning. 

This aggressive stance suggests that many market participants believe the rebound from the $1.00 zone could continue challenging higher levels within the channel.

Source: CoinGlass Conclusively, LIT’s rebound above the $1.00 support has strengthened short-term bullish pressure, while technical indicators and derivatives activity show growing trader engagement. Rising OI, strong long positioning, and improving indicators all support the recovery narrative. 

However, the asset still trades inside a descending channel, which keeps the broader trend uncertain. If buyers maintain control near the channel’s midline, LIT could extend its rebound toward higher resistance levels.

Final Summary  LIT’s rebound has strengthened bullish sentiment, yet the descending channel continues shaping the broader price structure outlook. Rising derivatives participation and aggressive long positioning suggest traders anticipate volatility as LIT tests key resistance levels.

Michael Saylor has responded sharply after former UK Prime Minister Boris Johnson criticized Bitcoin (BTC) and suggested that it resembles a Ponzi scheme.

Former UK Prime Minister Boris Johnson criticizes Bitcoin Johnson described a conversation with a church acquaintance who lost money after being lured into a supposed crypto investment opportunity. According to Johnson, the man initially handed over £500 to someone who promised to double his money through Bitcoin.

“After three and a half years of muddle… he was down £20,000,” Johnson wrote in a report. He also described how the individual paid repeated fees in an attempt to recover the funds. The former prime minister used the story to question the value and structure of cryptocurrencies.

He contrasted BTC with traditional assets and collectibles.“I can see the intrinsic value of gold,” Johnson wrote. “I can even understand why Pokemon cards have kept their value.”

He then questioned the foundations of digital assets, arguing that Bitcoin lacks an identifiable authority or issuer. “But Bitcoin? What is it? It’s just a string of numbers stored in a series of computers,” he wrote.

Johnson also referenced the mysterious origins of the BTC’s creator, Satoshi Nakamoto, adding that the system depends heavily on collective belief. “The whole thing depends completely on the collective belief… of the Bitcoin holders,” Johnson said.

He warned that increasing cases of fraud linked to crypto investments could weaken confidence in the sector. “I have always suspected from the outset that all cryptocurrencies were basically a Ponzi scheme,” Johnson wrote. He argued that the ecosystem relies on a continuous flow of new investors.

Michael Saylor claps back at Johnson Saylor rejected that characterization in a post on the social platform X. “Bitcoin is not a Ponzi scheme,” Saylor wrote. “A Ponzi requires a central operator promising returns and paying early investors with funds from later ones.”

He argued that Bitcoin’s structure makes it fundamentally different from such schemes. “Bitcoin has no issuer, no promoter, and no guaranteed return—just an open, decentralized monetary network driven by code and market demand,” Saylor said.

The executive has long been one of the most prominent corporate advocates for Bitcoin. His company, MicroStrategy, holds billions of dollars worth of the crypto on its balance sheet. Johnson’s comments also revisited broader debates about monetary systems.

In his remarks, he referenced historical currency models backed by government authority, pointing to Roman coins bearing the image of emperors as an example of trust in state-backed money. Crypto supporters, however, often argue that Bitcoin’s decentralized structure is precisely what protects it from political influence and inflation tied to government spending.

Altcoin News

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

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.

Has Also Written

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

13 minutes ago

The next wave of crypto adoption is not coming from retail. XRP says it is coming from the CFO’s office.

On March 12, Ripple CEO Brad Garlinghouse highlighted the work of Ripple Treasury SVP Renaat Ver Eecke, who has been focused on one specific thesis: corporate finance teams are the next major driver of crypto adoption.

Source: X.comVer Eecke posted on X that the office of the CFO is waking up to what digital assets and stablecoins can actually do beyond price speculation, pointing to treasury operations, vendor payments, and payroll as the real use cases now being explored by enterprises.

This is about Fortune 500 finance departments quietly stress-testing whether they can run parts of their operations on blockchain rails.

Ripple is positioning XRP and its payments infrastructure directly in that lane. Ver Eecke also called out Mastercard’s Crypto Partner Program, which Ripple is part of alongside Circle, PayPal, and Gemini, as exactly the kind of institutional framework needed to prove enterprise stability and push blockchain adoption into the next phase.

Ripple separately stated that digital assets are moving from experimentation to real-world use, and that connecting onchain innovation with trusted global payments infrastructure requires the whole ecosystem to move together. That is not marketing language.

Let’s take a look at the XRP chart now.

XRP Price Prediction: Is XRP About to Explode?XRP price is sitting at $1.40, trading inside a symmetrical triangle that has been compressing since the February lows.

The price is coiling tighter between converging trendlines, while the yellow cup formations along the bottom trendline show repeated demand stepping in at lower levels.

Source: XRPUSD / TradingViewThe first resistance is at $1.50, and that is the level that needs to flip before anything meaningful opens up, with the $1.61 resistance zone above that being the next serious wall.

A break above $1.65 opens the full target toward $2.20 and beyond.

The bearish path is also clearly mapped on the chart, showing a potential flush through the $1.30 support and down to $1.15 if the triangle breaks to the downside, and that scenario cannot be dismissed while the price is still trading below $1.50.

While XRP traders debate the next move, some investors are already looking elsewhere for bigger opportunities.

A growing number are turning to presale projects that haven’t even reached exchanges yet, where early entry can offer far greater upside if momentum builds.

Maxi Doge ($MAXI) Could This New Memecoin Be The New Doge?When XRP starts chopping sideways and every bounce feels dead, attention wanders fast.

That is exactly when something like Maxi Doge shows up on the radar.

No complicated tech pitch. No slow roadmap energy. Just loud meme culture, bold branding, and a community that gets louder the moment sentiment flips and traders start hunting the next narrative.

Early traction backs it up. The $MAXI presale has crossed $4.6 million raised and early buyers can stake for up to 67% APY.

When big players are busy accumulating slower assets, retail starts hunting for whatever can move fast. Maxi Doge is positioning itself for exactly that moment.

Visit the Official Maxi Doge Website Here

The Ethereum Foundation (EF) introduced the “EF Mandate,” a document that serves as a constitution and operational guide for the ecosystem. Vitalik Buterin stated via X that the foundation is doubling down on Ethereum’s original values. With the new “CROPS” framework, the organization positions itself as the primary guardian dedicated to preserving decentralization and censorship resistance against fleeting market trends.

This is the new EF Mandate.

For many of you, the contents should be no surprise, and a clarification along the lines that we have been going and thinking for the past few months. But the clarification is nevertheless worth making.

Ethereum is a unique object and has a unique… https://t.co/SMGCWnmUk5

— vitalik.eth (@VitalikButerin) March 13, 2026 This is a crucial launch because it introduces non-negotiable principles: resistance to capture, open source, privacy, and security. Buterin drew a clear distinction with other blockchains that prioritize immediate corporate use cases, noting that Ethereum must pass the “walkaway test.” For the market, this means the priority will remain the robustness of the protocol and its ability to be a global defensive tool, over rapid adaptation to commercial fads.

In summary, the “EF Mandate” consolidates Ethereum’s identity as a premier decentralized infrastructure. The next step for the community will be the implementation of this framework in future Improvement Proposals (EIPs).

Source:https://x.com/VitalikButerin/status/2032469755614179700

Disclaimer: Crypto Economy Flash News are prepared from official and public sources verified by our editorial team. Their purpose is to quickly inform about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.

Going multi-chain is one of the easiest ways for a protocol to grow its user base.

The logic is simple: Each additional chain opens the door to new users and fresh opportunities for on-chain growth. But more importantly, it lets the protocol leverage the chain’s network strengths to boost adoption, liquidity, and overall token utility. 

In this light, Avalanche [AVAX] listing on Solana [SOL] for trading is a smart strategic move. The timing makes it even more significant. As the chart below shows, Solana’s stablecoin supply has just hit a new all-time high of $17.1 billion.

Source: Artemis Against this backdrop, AVAX’s launch on Solana positions the token to tap into the network’s deep liquidity. By leveraging these strengths, AVAX can broaden its reach and enhance overall token utility. More than a routine listing, this move therefore represents a strategic expansion with the potential to drive meaningful long-term adoption.

Notably, the momentum doesn’t stop there. Grayscale’s Avalanche Staking ETF (ticker: $GAVA) is now trading, offering 0% fees. While underscoring why Grayscale chose Avalanche, the firm highlighted the chain’s strong fundamentals: Over 10.5 billion transactions since 2020 and the capacity to handle more than 4,500 transactions per second.

Together with AVAX’s launch on Solana, it’s clear the token’s strong fundamentals are starting to draw institutional attention. The key question now is – Could Solana’s robust network push this trend even further and kickstart AVAX’s broader institutional adoption cycle?

From listings to adoption: AVAX eyes institutional growth Even with some technical weakness, the 2025 cycle proved bullish for AVAX on several fronts.

In the Real-World Asset (RWA) sector, Avalanche briefly surpassed $1 billion in total asset value, demonstrating strong adoption and market traction. However, the October crash wiped out nearly 50% of that value, bringing it back down to around $500 million.

At the same time, transaction activity on the network hit a record 197 million in Q4 2025 – Making it the busiest quarter for transaction flow ever. Even amid market volatility, this level of capital movement clearly underscored Avalanche’s resilience and the engagement of its user base.

Source: Token Terminal And yet, Avalanche still trails some other Layer 1s when it comes to institutional adoption. 

According to AMBCrypto, this is where its Solana listing becomes strategic. By connecting to a network with deep stablecoin liquidity, high RWA rankings, and strong ETF inflows, AVAX can reach new users, expanding its adoption cycle and drawing greater institutional attention.

At the same time, with AVAX demonstrating solid fundamentals and consistent on-chain activity, this move allows the token to tap into Solana’s active user base while reinforcing its own growth potential. This will create an environment in which more institutional investors start to take notice.

In this context, Grayscale’s AVAX ETF may be just the beginning of Avalanche’s broader institutional cycle.

Final Summary Listing on Solana taps into deep liquidity, strong stablecoin flows, and an active user base, positioning AVAX for broader adoption. With robust fundamentals, strong on-chain activity, and the launch of Grayscale’s AVAX Staking ETF, Avalanche is entering the early stages of its institutional cycle.

Cardano price held above $0.27 on Friday after posting a modest rebound across the broader cryptocurrency market. ADA gained 3.37% over the past day and rose 5% during the last week. 

Trading volume jumped 73.77% to $668.52 million, showing stronger market participation. Analysts predict the ADA price could surge 100% amid the Bitcoin Rally. The broader crypto market saw a 1.87% gain in 24 hours, climbing to 2.45 trillion. Following a robust recovery, BTC price soared to more than $72k. Ether surpassed the $2,100 mark, and XRP, Solana, Pi Network, and Dogecoin all recovered. 

The U.S. policy developments are under observation by investors to determine the next step of the market in the future trading sessions ahead.

Analyst Predicts Cardano Price Could Rally 100% A crypto analyst tweeted that Cardano is trading inside a falling channel on the daily timeframe. The analyst posted a chart of ADA drifting down in two downward trendlines.

The analyst reported that ADA was trading close to the lower side of the channel in the recent movement. Analyst indicated that a breakout of the channel resistance may cause a strong upside expansion.

Tweet The analyst noted that a potential move of this nature could unlock a greater than 100% gain. The estimated future trend on the graph is an indication of a potential recovery to the $0.50 region. That target seems to be the initial significant upside target following a verified breakout. Bullish momentum may accelerate and consequently ADA may move up to $0.60.

On-chain Analysis: Cardano TVL Climbs to $145.44 Million Amid Growing DeFi Activity Cardano posted fresh gains in total value locked, reflecting continued activity across its decentralized finance ecosystem. The network’s TVL climbed to $145.44 million today, according to the cited source.

That move represents a 2.59% increase over the past 24 hours. The increase can be attributed to the accelerating pace in the Cardano blockchain ecosystem. It also indicates that users are committing additional capital in Cardano-based DeFi protocols.

Source: defillama The growth in TVL is often considered by market watchers as a stronger platform engagement.

An increase in the TVL may also reflect increased confidence of the developers, users, and investors. In the situation with Cardano, the recent growth could justify a more positive prognosis of ADA.

Will ADA Price Hold $0.25 Support Level? As of reporting, the ADA price pumped to $0.2672 aftera slight surge over the past 4 hours.

Cardano has been recording modest recovery trends after recent consolidation around the support level of $0.26. The Relative Strength Index is close to 54, indicating a neutral-bullish momentum.

In the meantime, there is a bullish crossover in the MACD indicator on a four-hour timeframe with a mild intensity.

The short-term momentum has improved; histogram bars have become slightly positive. This technical formation lends to a possible extension to more resistant areas.

Source: ADA/USDT 4-hour chart: Tradingview If the long-term Cardano forecast breaks above $0.27, the next upside target sits at $0.28. A decisive close above $0.28 may open the path toward $0.30. 

On the downside, failure to hold $0.26 may trigger renewed selling pressure. Immediate support rests at $0.2550, followed by a deeper cushion near $0.25.

Circle, widely recognized as the issuer of the USDC stablecoin, has claimed the top spot in the fast-growing tokenized U.S. Treasury market. Its USYC token has surged to approximately $2.2 billion in supply, surpassing BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), which currently manages around $2 billion in assets, according to RWA.xyz data. BUIDL, co-issued with tokenization firm Securitize, has seen its market share drop to 18% from a peak of 46% in May 2024 as new competitors entered the space.

Circle's entry into tokenized funds followed its acquisition of Hashnote, USYC's original issuer, in early 2025. A significant portion of USYC's recent growth is tied to activity on BNB Chain, where Binance introduced the token as off-exchange collateral for institutional derivatives trading. Since that July launch, USYC's supply on BNB Chain has grown to $1.84 billion. Investors can hold the token through Binance Banking Triparty or Ceffu, Binance's institutional custody platform.

Tokenized real-world assets like Treasury bills and money-market funds are gaining strong momentum among both crypto traders and institutional investors. These blockchain-based instruments offer distinct advantages over traditional finance, including near-instant settlement, transparent reserves, and 24/7 accessibility. They also allow investors to earn yield while simultaneously using assets as trading collateral, boosting overall capital efficiency compared to holding cash or stablecoins.

The broader tokenized Treasury market has reached a record high of over $11 billion, reflecting roughly 27% growth since the beginning of the year. Notably, expansion accelerated during January's crypto market downturn, suggesting that investors are increasingly turning to tokenized Treasuries as a stable, yield-bearing option while awaiting better entry points in digital assets. Circle CEO Jeremy Allaire called tokenized Treasuries and repo as collateral "a major emerging use case."

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Cardano (ADA) is showing renewed strength, holding above the $0.27 level after posting a 3.37% gain in 24 hours and a 5% rise over the past week. Trading volume surged nearly 74% to $668.52 million, signaling growing market participation and renewed investor interest in the altcoin.

The broader cryptocurrency market also bounced back, with total market capitalization climbing to $2.45 trillion — a 1.87% increase. Bitcoin reclaimed the $72,000 mark, while Ethereum pushed past $2,100. XRP, Solana, Dogecoin, and Pi Network also joined the recovery, reflecting improved sentiment across the sector.

A prominent crypto analyst has identified a falling channel pattern on ADA's daily chart, with the asset trading near the lower boundary of that range. The analyst suggests that a confirmed breakout above the channel's resistance could trigger a powerful upside move. Initial targets point toward the $0.50 region, with bullish momentum potentially driving ADA as high as $0.60 — representing gains exceeding 100% from current levels.

Supporting the bullish outlook, Cardano's total value locked in decentralized finance protocols climbed to $145.44 million, reflecting a 2.59% rise within a single day. The uptick highlights growing user engagement and developer confidence within the Cardano ecosystem, which analysts often interpret as a sign of long-term platform strength.

From a technical standpoint, ADA's Relative Strength Index sits near 54, reflecting neutral-to-bullish momentum. A bullish MACD crossover on the four-hour chart further supports the short-term recovery thesis. If ADA closes decisively above $0.27, the next resistance levels are $0.28 and $0.30. On the downside, key support levels to watch are $0.26 and $0.25. Ongoing U.S. policy developments remain a key macro factor influencing market direction.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

DeFi activity on the Cardano (ADA) network is showing strong momentum, with Total Value Locked (TVL) spiking by more than 23%. Despite increased on-chain activity, ADA continues to trade below $0.3, with lackluster performance, price swings, and persistent sell-offs over the past months. 

Cardano Sees DeFi Growth As ADA Price Dwindles Cardano’s decentralized finance ecosystem is experiencing a notable surge in activity, even as the ADA price remains depressed. As of March 13, 2026, the token sat at around $0.27, down more than 90% decline from its all-time highs, creating a striking disconnect between network growth and price performance.

Notably, Dave, a stake pool operator (SPO) and delegated representative (DRep) for the Cardano blockchain, took to X to highlight the scale of the network’s recent DeFi expansion. He pointed out that despite the recent price weakness, Cardano’s TVL climbed 23.5% in just 12 days, rising from $447.13 million on February 26 to $552.35 million by March 13. This reflects roughly $105 million in additional capital flowing into Cardano’s DeFi ecosystem.

Source: Chart from Dave on X The data show that this increase came from inflows measured directly in ADA rather than in US dollars. Data from DeFiLlama, which tracks TVL in US dollars, shows that Cardano’s DeFi total value stood at about $127 million on February 26 before rising to approximately $142.27 million in the following days, reflecting a more modest gain. 

Additional insight from another Cardano DRep, Dori, on X reveals that the ratio of stablecoin supply to DeFi TVL on Cardano expanded sharply over the past several months. Dori reported that the recent integration of USDCx on Cardano has already produced a significant shift in the network’s stablecoin landscape. 

He noted that the stablecoin-to-DeFi TVL ratio jumped from around 10% last June to 32% at the time of his post, roughly tripling in under a year. He linked part of this increase in the ratio to the decline in the ADA price. Because most of the network’s DeFi value is held in ADA, the continued drop in its market price reduced Cardano’s TVL when measured in US dollars. 

Still, Dori has emphasized that the integration of USDCx is a major step in the growth of DeFi on Cardano. He noted that with minting volume rising steadily, Cardano’s DeFi ecosystem is expected to diversify and mature organically. 

Analyst Projects ADA Rebound Despite Falling Channel On the technical side, crypto analyst ZAYK Charts on X has revealed that ADA is currently trading inside a falling channel, underscoring an extended downtrend movement since 2025. Looking at the chart, the cryptocurrency has continued to trend lower since September last year, crashing from above $1 to $0.27 as of writing. 

Despite the poor performance, ZAYK Charts maintains an optimistic outlook for the altcoin. He predicts that if ADA breaks out of its resistance near $0.28 at the channel’s upper trendline, its price could surge more than 108% to $0.55.

ADA trading at $0.27 on the 1D chart | Source: ADAUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com

Google on Friday announced it will invest $1 billion within the next two years to expand its data center infrastructure in North Carolina.

The investment will focus on the expansion of a data center facility in Lenoir, North Carolina. Google has had a presence in the area for 15 years between the data center and an office in Durham.

The Google data center in Lenoir helps support Google services including Maps, Photos, Search, Workspace, YouTube and more, according to the announcement.

"Google's latest investment in the City of Lenoir and Caldwell County underscores a deep commitment to North Carolina's continued growth and success," said City of Lenoir Mayor Joseph Gibbons. "This funding will enhance our workforce, expand economic development opportunities, and ensure North Carolina remains a leader in innovation."

MAJOR TECH COMPANIES BACK TRUMP PLEDGE TO PAY MORE FOR DATA CENTER ELECTRICITY AHEAD OF SIGNING

Data centers are an integral part of the modern Internet and have become increasingly prominent amid the rise of AI. (Amanda Andrade-Rhoades for The Washington Post via Getty Images)

Caldwell County Commission Chairman Randy Church said that investments like this one from Google are "critical for strengthening our community" and added that it "will bring new opportunities for local workers and help drive long-term economic success in our region."

In addition to Google's data center investment, the company announced it will provide $2 million to an Energy Impact Fund in collaboration with Blue Ridge Community Action, Blue Ridge Energy and Advanced Energy.

AMERICANS HIT WITH SOARING ELECTRICITY BILLS AS PRICE HIKES OUTPACE INFLATION NATIONWIDE

Google has had a presence in Lenoir, North Carolina, and in Durham for 15 years, the announcement noted. (Marlena Sloss/Bloomberg via Getty Images)

The fund will help scale and accelerate energy initiatives in Caldwell County and focus on energy affordability, weatherization upgrades and energy efficiency for both low- to moderate-income households and K-12 schools. Rising electricity costs are driven in part by increased demand from data centers, particularly amid the artificial intelligence (AI) boom.

Google's funding will also help expand existing community solar programs, reducing the energy burden and promoting renewable energy access for residents of the county.

Jon Jacob, director of marketing for Blue Ridge Energy, said that the support from Google is a "perfect reflection of our cooperative spirit: members helping members, supported by a partner who shares our commitment to making life better for our local community."

DATA CENTERS IN OUTER SPACE EMERGE AS SOLUTION TO AI'S MASSIVE ENERGY REQUIREMENTS

Ticker Security Last Change Change % GOOGL ALPHABET INC. 302.28 -1.27 -0.42% Other community investments by Google included in the announcement include a three-year, $270,000 grant to Communities In Schools of Caldwell County (CISCC).

The funds will establish the CISCC Workforce Development & Digital Equity Fund, which will work with the local schools and Caldwell Community College & Technical Institute (CCC&TI) to reduce technological and financial barriers for students pursuing vocational training through 2027.

Mark Poarch, president of CCC&TI, said that the collaboration "ensures that local students have the resources they need to transition seamlessly into the workforce. This fund is more than a grant; it is an investment in the long-term resilience and economic vitality of our entire community."

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Additionally, investments also include a $100,000 donation to the City of Lenoir to renovate the city's historic high school.

Stellantis logo is pictured at one of its assembly plants following a company's announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025.... Purchase Licensing Rights, opens new tab Read more

CompaniesNEW YORK, March 13 (Reuters) - A U.S. judge on Friday dismissed a ​lawsuit accusing the automaker ‌Stellantis (STLAM.MI), opens new tab of defrauding shareholders by failing to disclose how it overloaded ​retailers with excessive inventory, ​known as channel stuffing, leading to ⁠short-term sales increases and ​long-term sales declines.

Stellantis, whose many ​brands include Chrysler, Dodge, Fiat, Jeep and Peugeot, was accused in the ​proposed class action of making ​false and misleading statements about its ‌pricing ⁠power, inventory and margins in light of the channel stuffing, inflating its share price.

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

U.S. District ​Judge Valerie ​Caproni ⁠in Manhattan concluded, however, that shareholders did not ​demonstrate a strong inference ​that ⁠Stellantis was motivated to defraud them, or offer strong circumstantial ⁠evidence ​of conscious misbehavior ​or recklessness.

Reporting by Jonathan Stempel in New ​York; Editing by Chris Reese

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

In the latest close session, Sigma Lithium Corporation (SGML - Free Report) was down 7.29% at $11.07. The stock's change was less than the S&P 500's daily loss of 0.61%. Meanwhile, the Dow experienced a drop of 0.26%, and the technology-dominated Nasdaq saw a decrease of 0.93%.

Shares of the company witnessed a loss of 9.48% over the previous month, trailing the performance of the Basic Materials sector with its loss of 3.27%, and the S&P 500's loss of 2.25%.

Analysts and investors alike will be keeping a close eye on the performance of Sigma Lithium Corporation in its upcoming earnings disclosure. The company's earnings report is set to go public on March 30, 2026. The company is expected to report EPS of -$0.12, down 50% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $35.9 million, indicating a 25.26% decline compared to the corresponding quarter of the prior year.

SGML's full-year Zacks Consensus Estimates are calling for earnings of -$0.35 per share and revenue of $129 million. These results would represent year-over-year changes of +23.91% and -15.18%, respectively.

Investors should also note any recent changes to analyst estimates for Sigma Lithium Corporation. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 23.81% upward. At present, Sigma Lithium Corporation boasts a Zacks Rank of #2 (Buy).

Looking at valuation, Sigma Lithium Corporation is presently trading at a Forward P/E ratio of 15.31. This expresses a discount compared to the average Forward P/E of 17.56 of its industry.

It's also important to note that SGML currently trades at a PEG ratio of 0.27. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Mining - Miscellaneous industry stood at 0.87 at the close of the market yesterday.

The Mining - Miscellaneous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 47, this industry ranks in the top 20% of all industries, numbering over 250.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

In the latest close session, Pan American Silver (PAAS - Free Report) was down 6.58% at $56.12. This change lagged the S&P 500's 0.61% loss on the day. At the same time, the Dow lost 0.26%, and the tech-heavy Nasdaq lost 0.93%.

Prior to today's trading, shares of the silver mining company had gained 10.04% outpaced the Basic Materials sector's loss of 3.27% and the S&P 500's loss of 2.25%.

Analysts and investors alike will be keeping a close eye on the performance of Pan American Silver in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.03, showcasing a 145.24% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.25 billion, indicating a 61.36% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates project earnings of $3.97 per share and a revenue of $4.82 billion, demonstrating changes of +56.3% and +33.09%, respectively, from the preceding year.

Any recent changes to analyst estimates for Pan American Silver should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 8.61% higher. At present, Pan American Silver boasts a Zacks Rank of #3 (Hold).

Looking at valuation, Pan American Silver is presently trading at a Forward P/E ratio of 15.12. This signifies a discount in comparison to the average Forward P/E of 17.1 for its industry.

We can additionally observe that PAAS currently boasts a PEG ratio of 0.55. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Mining - Silver industry held an average PEG ratio of 0.55.

The Mining - Silver industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 12, finds itself in the top 5% echelons of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Hamilton Insurance (HG - Free Report) closed at $29.08 in the latest trading session, marking a +1.61% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.61%. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 0.93%.

Shares of the provider of insurance and reinsurance services have depreciated by 7.71% over the course of the past month, underperforming the Finance sector's loss of 5.63%, and the S&P 500's loss of 2.25%.

Analysts and investors alike will be keeping a close eye on the performance of Hamilton Insurance in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $1.02, marking a 117.02% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $678.96 million, indicating a 11.68% decrease compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.42 per share and revenue of $2.83 billion. These totals would mark changes of -29.34% and -2.53%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for Hamilton Insurance. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 11.4% downward. Currently, Hamilton Insurance is carrying a Zacks Rank of #4 (Sell).

In the context of valuation, Hamilton Insurance is at present trading with a Forward P/E ratio of 8.37. This indicates a discount in contrast to its industry's Forward P/E of 9.13.

The Insurance - Multi line industry is part of the Finance sector. This group has a Zacks Industry Rank of 147, putting it in the bottom 40% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Axcelis Technologies (ACLS - Free Report) ended the recent trading session at $83.19, demonstrating a -2.34% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.61%. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 0.93%.

Coming into today, shares of the semiconductor services company had lost 5.92% in the past month. In that same time, the Computer and Technology sector lost 1.56%, while the S&P 500 lost 2.25%.

Market participants will be closely following the financial results of Axcelis Technologies in its upcoming release. The company is forecasted to report an EPS of $0.71, showcasing a 31.73% downward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $195.05 million, showing a 1.29% escalation compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates project earnings of $3.54 per share and a revenue of $840.2 million, demonstrating changes of -27.46% and +0.14%, respectively, from the preceding year.

Investors might also notice recent changes to analyst estimates for Axcelis Technologies. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 25.84% lower within the past month. At present, Axcelis Technologies boasts a Zacks Rank of #5 (Strong Sell).

From a valuation perspective, Axcelis Technologies is currently exchanging hands at a Forward P/E ratio of 24.06. This represents a premium compared to its industry average Forward P/E of 23.86.

One should further note that ACLS currently holds a PEG ratio of 8.21. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Electronics - Manufacturing Machinery industry had an average PEG ratio of 4.53 as trading concluded yesterday.

The Electronics - Manufacturing Machinery industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 19, placing it within the top 8% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

In the latest close session, Sirius XM (SIRI - Free Report) was down 1.08% at $21.99. The stock's performance was behind the S&P 500's daily loss of 0.61%. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq lost 0.93%.

The stock of satellite radio company has risen by 2.44% in the past month, leading the Consumer Discretionary sector's loss of 2.13% and the S&P 500's loss of 2.25%.

Investors will be eagerly watching for the performance of Sirius XM in its upcoming earnings disclosure. The company is expected to report EPS of $0.69, up 16.95% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $2.07 billion, indicating a 0.25% growth compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates project earnings of $3.09 per share and a revenue of $8.54 billion, demonstrating changes of -3.13% and -0.24%, respectively, from the preceding year.

Investors might also notice recent changes to analyst estimates for Sirius XM. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Sirius XM is currently a Zacks Rank #3 (Hold).

In terms of valuation, Sirius XM is presently being traded at a Forward P/E ratio of 7.2. For comparison, its industry has an average Forward P/E of 11.47, which means Sirius XM is trading at a discount to the group.

We can also see that SIRI currently has a PEG ratio of 0.38. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Broadcast Radio and Television industry currently had an average PEG ratio of 4.36 as of yesterday's close.

The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 149, placing it within the bottom 40% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

APA (APA - Free Report) closed at $34.47 in the latest trading session, marking a +2.56% move from the prior day. This move outpaced the S&P 500's daily loss of 0.61%. Meanwhile, the Dow experienced a drop of 0.26%, and the technology-dominated Nasdaq saw a decrease of 0.93%.

The oil and natural gas producer's shares have seen an increase of 24.85% over the last month, surpassing the Oils-Energy sector's gain of 7.86% and the S&P 500's loss of 2.25%.

The investment community will be paying close attention to the earnings performance of APA in its upcoming release. The company is predicted to post an EPS of $0.51, indicating a 51.89% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.91 billion, reflecting a 26.99% fall from the equivalent quarter last year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.77 per share and revenue of $7.41 billion, indicating changes of -53.05% and -19.68%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for APA. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 15.18% lower. APA is holding a Zacks Rank of #3 (Hold) right now.

Looking at its valuation, APA is holding a Forward P/E ratio of 19.02. This signifies a premium in comparison to the average Forward P/E of 16.52 for its industry.

We can also see that APA currently has a PEG ratio of 18.11. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Oil and Gas - Exploration and Production - United States industry held an average PEG ratio of 0.71.

The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 183, this industry ranks in the bottom 26% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

CervoMed Inc. (CRVO - Free Report) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to a loss of $0.8 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -10.93%. A quarter ago, it was expected that this company would post a loss of $0.68 per share when it actually produced a loss of $0.84, delivering a surprise of -23.53%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

CERVOMED INC, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $0.01 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 98.06%. This compares to year-ago revenues of $2.16 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

CERVOMED INC shares have lost about 45.2% since the beginning of the year versus the S&P 500's decline of 2.5%.

What's Next for CERVOMED INC?While CERVOMED INC has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for CERVOMED INC was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.88 on $0.55 million in revenues for the coming quarter and -$2.33 on $2.7 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the bottom 43% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Agenus (AGEN - Free Report) , has yet to report results for the quarter ended December 2025. The results are expected to be released on March 16.

This biotechnology company is expected to post quarterly loss of $1.27 per share in its upcoming report, which represents a year-over-year change of +37.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Agenus' revenues are expected to be $29.1 million, up 8.4% from the year-ago quarter.

President Donald Trump said on Friday that he directed the U.S. Central Command to carry out a bombing raid, hitting military targets on Iran's Kharg Island.

"Moments ago, at my direction, the United States Central Command executed one of the most powerful bombing raids in the History of the Middle East, and totally obliterated every MILITARY target in Iran's crown jewel, Kharg Island," the president wrote in a Truth Social post.

He added that he had "chosen NOT to wipe out the Oil Infrastructure on the Island."

"However, should Iran, or anyone else, do anything to interfere with the Free and Safe Passage of Ships through the Strait of Hormuz, I will immediately reconsider this decision," Trump wrote.

Analysts have said that the prospect of a U.S. move to seize Kharg Island, a strategically vital hub often referred to as Iran's "oil lifeline," is considered extremely high risk, both from a geopolitical and economic standpoint.

The five-mile-long coral island, which is located about 15 miles off the coast of mainland Iran in the waters of the northern Persian Gulf, has been left untouched through nearly two weeks of U.S. and Israeli-led strikes against Iran.

The Trump administration has discussed seizing the island, according to an Axios report on March 7, citing four unnamed sources with knowledge of the discussions.

White House officials have previously said they expect oil prices to fall dramatically once Operation Epic Fury comes to an end, while White House press secretary Karoline Leavitt has said the president "wisely" keeps all options on the table.

Kharg Island has been thrust into the global spotlight because it is regarded as one of Iran's most sensitive economic targets. The terminal accounts for around 90% of the country's crude exports and has a loading capacity of roughly 7 million barrels per day.

Analysts say that any attempt to attack or seize it would require a ground troop operation, which the U.S. appears reluctant to undertake. An attack would also likely prompt a sustained increase to already soaring oil prices.

On Friday, Brent crude oil futures closed above $100 per barrel for the second straight day, and prices have surged more than 40% since the Iran war started.

This is breaking news. Please refresh for updates.

, /PRNewswire/ -- Thomson Reuters (TSX/Nasdaq: TRI) today filed its management proxy circular and related documents in connection with the upcoming special meeting at which shareholders will be asked to approve the proposed return of capital and share consolidation transactions, among other items. The management proxy circular and related documents are available online and for pick-up, as set out below.

The transactions consists of a special cash distribution of US$605 million in the aggregate, or approximately US$1.36 per common share (estimated based on the number of common shares issued and outstanding as of the record date and assuming no shareholders opt-out of the return of capital) followed by a consolidation of outstanding common shares (or "reverse stock split") on a basis that is proportional to the special cash distribution. The share consolidation ratio will be based on the volume weighed average trading price of the common shares on the Nasdaq Stock Market LLC ("Nasdaq") for the five trading days immediately prior to the return of capital becoming effective.

The proposed return of capital is intended to distribute cash on a basis that is generally expected to be tax-free for Canadian tax purposes. Shareholders who are taxable in a jurisdiction outside of Canada (including taxable U.S. resident shareholders and others) ("Eligible Opt-Out Shareholders") will be able to opt out of the return of capital. This right to opt out is being provided to those shareholders because in jurisdictions other than Canada the tax consequences of not participating in the return of capital may be preferable to those associated with participating in the return of capital. If an Eligible Opt-Out Shareholder chooses to opt out, it will not receive the cash distribution and will continue to hold the same number of shares that it currently holds.

Details of the transaction (including information regarding the opt-out right) are described in the management proxy circular and related materials, which are available on thomsonreuters.com in the "Investor Relations" section. The documents were filed with the Canadian securities regulatory authorities on SEDAR+ and are available at www.sedarplus.com. The documents will also be furnished to the U.S. Securities and Exchange Commission through EDGAR and when filed, will be available at www.sec.gov. The documents will also be available for pick-up, free of charge, at Computershare Investor Services Inc.'s offices in Toronto, Montreal, Vancouver and Calgary. Please contact Computershare Investor Services Inc. using the phone numbers set out below for the addresses of those offices.

The special meeting of shareholders will be held on Tuesday, April 28, 2026 at 9:00 a.m. EDT (changed from the original planned time of 12:00 p.m.). The meeting will be a webcast on thomsonreuters.com in the "Investor Relations" section. Holders of Thomson Reuters common shares as of 5:00 p.m. EDT on March 6, 2026 are entitled to vote at the meeting.

Registered shareholders who have questions or need assistance voting their shares may contact Computershare Investor Services Inc. at 1.800.564.6253 (toll-free in Canada and the U.S.) or at 1.514.982.7555 (outside Canada and the U.S.). Non-registered shareholders who hold their shares indirectly through an intermediary (such as an investment dealer, stock broker, bank, trust company or other nominee) should contact their intermediary if they have questions or need assistance. Shareholders who have questions or need assistance may also contact D.F. King & Co., Inc., who is acting as Information Agent for the transaction, at 1.800.967.5068 (toll-free in Canada and the U.S.) or at 1.212.561.5870 (outside Canada and the U.S., banks, brokers and collect calls) or at the following email address: [email protected].

About Thomson Reuters

Thomson Reuters (TSX/Nasdaq: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, audit, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth and transparency. Reuters, part of Thomson Reuters, is the world's leading provider of trusted journalism and news. For more information, visit thomsonreuters.com.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this news release are forward-looking within the meaning of applicable Canadian and U.S. securities laws, including the Private Securities Litigation Reform Act of 1995. These statements relating to the return of capital and share consolidation transactions and the anticipated tax treatment for shareholders participating in the return of capital and those opting out. These forward-looking statements are based on certain assumptions, including shareholder approval of the transactions, and reflect our company's current expectations. As a result, forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the risk factors discussed in materials that Thomson Reuters from time to time files with, or furnishes to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. There is no assurance that the return of capital and share consolidation transactions will be completed or that other events described in any forward-looking statement will materialize. Except as may be required by applicable law, Thomson Reuters disclaims any obligation to update or revise any forward-looking statements.

CONTACTS

MEDIA
Zoe Zanettos
Director, Corporate Affairs
+1 647 202 8948
[email protected] 

INVESTORS
Gary E. Bisbee, CFA
Head of Investor Relations
+1 646 540 3249
[email protected] 

SOURCE Thomson Reuters

Board of Directors will review letter to verify compliance with bylaws

Stockholders are not required to take any action at this time

LOUISVILLE, CO, March 13, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC) (“BNC” or the “Company”) has confirmed receipt of a letter from YZILabs Management Ltd. (“YZi Labs”) requesting that the Company’s Board of Directors (the “Board”) set a record date in connection with YZi Labs’ consent solicitation (the “Request Letter”).

The Request Letter is a required step in YZi Labs’ consent solicitation process to add up to seven directors to the Board. Because the current Board has only six Directors, this would effectively transfer control of the Board to YZi Labs. Such a change of control without the payment of a control premium is not in the best interests of stockholders.

YZi Labs’ Request Letter asks the Board to set a date that determines which stockholders are eligible to vote on YZi Labs’ proposals, including election of its director nominees. Only stockholders who hold shares as of that record date will be entitled to participate in the consent process.

The Company issued the following statement regarding the Request Letter:

For months, YZi Labs has claimed that it desires greater “independent” Board oversight. However, six of YZi Labs’ seven proposed director nominees are or have been employees of, investors in or advisors to Changpeng Zhao (CZ) and/or his affiliates, YZi Labs and Binance.

The Board urges stockholders to consider the potential consequences of transferring effective control of the world’s largest corporate treasury of BNB to close associates of one of the largest individual holders of BNB. For instance, should they take control of the Board, YZi Labs’ candidates could cause the Company to buy BNB directly from CZ and his affiliates at inflated prices, approve suboptimal transactions with parties affiliated with CZ or delay or block transactions that would be beneficial to the Company but do not serve CZ’s unique interests.

Notwithstanding YZi Labs’ costly and distracting campaign for control of the Board, the Board remains focused on governing BNC in the best interests of the Company and all stockholders. The Board will fairly and objectively determine whether to recommend YZi Labs’ candidates by assessing whether, and to what extent, each candidate would augment the Board’s existing skills, experience, expertise and independent oversight.

BNC’s Board is reviewing the Request Letter to confirm that it complies with the Company’s bylaws. If the Board determines that the Request Letter has been properly submitted, the Board will announce a record date for determining the stockholders entitled to consent in connection with YZi Labs’ solicitation. The Board will present its recommendation on YZi Labs’ proposals in the Company’s definitive consent revocation statement that will be filed with the Securities and Exchange Commission (the “SEC”) and mailed to stockholders eligible to consent.

The Board remains committed to ensuring that the interests and perspectives of all stockholders are fully considered.

Stockholders are not required to take any action at this time.

About CEA Industries Inc.

CEA Industries Inc. (Nasdaq: BNC) is a growth-oriented company that has focused on building category-leading businesses in consumer markets, including building and managing the world’s largest corporate treasury of BNB.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties, including forward-looking statements regarding BNC’s expectations or beliefs regarding the Company’s position as the largest BNB treasury in the world, and YZi Labs’ consent solicitation and record date request. BNC wishes to caution readers that these forward-looking statements may be affected by the risks and uncertainties in BNC’s business as well as other important factors that may have affected and could in the future affect BNC’s actual results and could cause BNC’s actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of BNC. In evaluating these forward-looking statements, readers should consider various risk factors, which include, but are not limited to, BNC’s ability to keep pace with new technology and changing market needs; BNC’s ability to finance its current business and proposed future business, including the ability to finance the continued acquisition of BNB; the competitive environment of BNC’s business; and the future value and adoption of BNB. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions and risks, many of which are beyond BNC’s control. In addition, these forward-looking statements and the information in this press release is qualified in its entirety by cautionary statements and risk factor disclosures contained in BNC’s filings with the SEC, including BNC’s Form 10-Q filed with the SEC on December 15, 2025, Form 10-K filed with the SEC on March 27, 2025, and Form 10-KT filed with the SEC on July 25, 2025, each as may be amended or supplemented from time to time. Copies of BNC’s filings with the SEC are available on the SEC’s website at www.sec.gov. BNC undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.

Important Additional Information and Where to Find It

The Company intends to file a consent revocation statement on Schedule 14A, an accompanying YELLOW consent revocation card and other relevant documents with the SEC in connection with YZi Labs’ consent solicitation. THE COMPANY’S STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE CONSENT REVOCATION STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING YELLOW CONSENT REVOCATION CARD AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain free copies of the definitive consent revocation statement, an accompanying YELLOW consent revocation card, any amendments or supplements to the consent revocation statement and other documents that the Company files with the SEC at no charge from the SEC’s website at www.sec.gov. Copies will also be available at no charge by scrolling to the “SEC Filings” section of the Company’s website at https://ceaindustries.com/investors.html.

Certain Information Regarding Participants in the Solicitation

The Company, its directors (Anthony K. McDonald, Nicholas J. Etten, Carly E. Howard, Hans Thomas, Annemarie Tierney, and Glenn Tyranski) and certain of its executive officers (David Namdar and Brent Miller) are deemed to be “participants” (as defined in Schedule 14A under the Securities Exchange Act of 1934, as amended) in the solicitation of consent revocations from the Company’s stockholders in connection with YZi Labs’ consent solicitation. Information about the names of the Company’s directors and officers, their respective interests in the Company, by security holdings or otherwise, and their respective compensation is set forth in the “Information about our Directors” and “Executive Officers” sections in Part III, Item 10 – Directors, Executive Officers and Corporate Governance of the Company’s Transition Report on Form 10-KT for the transition period from January 1, 2025 to April 30, 2025 (the “Form 10-KT”), in Part III, Item 11 – Executive Compensation of the Form 10-KT, in Part III, Item 12 – Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters of the Form 10-KT and in Current Reports on Form 8-K filed with the SEC on August 8, 2025, October 7, 2025 and November 28, 2025. Supplemental information regarding the participants’ holdings of the Company’s securities can be found in SEC filings on Statements of Change in Ownership on Form 3 and Form 4. Any subsequent updates following the date hereof to the information regarding the identity of potential participants and their direct or indirect interests, by security holdings or otherwise, will be set forth in the Company’s consent revocation statement on Schedule 14A and other materials to be filed with the SEC in connection with YZi Labs’ consent solicitation, if and when they become available. These documents will be available at no charge as described above.

CEA Industries Media Inquiries:
Edelman Smithfield
[email protected]

CEA Industries Investor Relations:
[email protected]

Calgary, Alberta – March 13, 2026 – TheNewswire -  Ocumetics Technology Corp. (TSXV: OTC) (OTCQB: OTCFF) (FRA: 2QBO) (the “Corporation”) announces that it has issued 500,000 incentive stock options to Howard Group Inc. “(Howard Group”), the Corporation’s investor relations communications advisor, as required by the agreement between the Corporation and Howard Group announced on September 12, 2025.  

  Each option entitles Howard Group to purchase one common share in the capital of the Corporation at an exercise price per common share of $0.42 for a period of two years, which options shall vest quarterly in equal instalments over twelve months.  The stock options are not transferrable.  The common shares issued upon exercise of the stock options will be subject to a four-month resale restriction from the date of grant.

About Ocumetics

Ocumetics Technology Corp. (TSXV: OTC) (OTCQB: OTCFF) (FRA: 2QBO) is a Canadian research and product development company that is dedicated to developing advanced vision correction solutions that enhance the quality of life for patients.  Through innovative research and development, Ocumetics aims to transform the field of ophthalmology with state-of-the-art intraocular lenses and other vision-enhancing technologies.

  Ocumetics is in the first-in-human early feasibility study phase of a game-changing technology for the ophthalmic industry.  Ocumetics has developed an intraocular lens that fits within the natural lens compartment of the eye, potentially to eliminate the need for corrective lenses.  It is designed to allow the eye’s natural muscle activity to shift focus from distance to near, providing clear vision at all distances without the help of glasses or contact lenses.  

  FOR FURTHER INFORMATION, PLEASE CONTACT:

  Dave Burwell

Director, Investor Relations        

[email protected]

(403) 410-7907

        Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

  CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation.  Forward-looking statements include, but are not limited to, statements with respect to the commencement, timing and scope of the research and development to be conducted by the Corporation mentioned above.  Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include but are not limited to: operational matters, historical trends, current conditions and expected future developments, access to financing as well as other considerations that are believed to be appropriate in the circumstances.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.  The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.