San Diego, Calif., March 12, 2026 (GLOBE NEWSWIRE) -- California Bancorp (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A., announces that its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share to holders of its common stock. The dividend is expected to be paid on April 15, 2026, to shareholders of record at the close of the business day on March 24, 2026.
ABOUT CALIFORNIA BANCORP
California BanCorp (NASDAQ: BCAL) is a registered bank holding company headquartered in San Diego, California. California Bank of Commerce, N.A., a national banking association chartered under the laws of the United States (the “Bank”) and regulated by the Office of Comptroller of the Currency, is a wholly owned subsidiary of California BanCorp. Established in 2001 and headquartered in San Diego, California, the Bank offers a range of financial products and services to individuals, professionals, and small to medium-sized businesses through its 14 branch offices and four loan production offices serving California. The Bank’s solutions-driven, relationship-based approach to banking provides accessibility to decision makers and enhances value through strong partnerships with its clients. Additional information is available at www.bankcbc.com.
INVESTOR RELATIONS CONTACT
Kevin Mc Cabe
California Bank of Commerce [email protected]
818.637.7065
2026-03-12 20:391mo ago
2026-03-12 16:301mo ago
Cellectis to Report Fourth Quarter and Full Year 2025 Financial Results on March 19, 2026
NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Cellectis (the “Company”) (Euronext Growth: ALCLS, NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, today announced that it will report financial results for the fourth quarter and full year 2025 ending December 31, 2025 on Thursday, March 19, 2026 after the close of the US market.
The publication will be followed by an investor conference call and webcast on Friday, March 20, 2026, at 8:00 AM ET / 1:00 PM CET. The call will include the Company’s fourth quarter and full year 2025 results and an update on business activities. Details for the call are as follows:
About Cellectis
Cellectis is a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies. The company utilizes an allogeneic approach for CAR T immunotherapies in oncology, pioneering the concept of off-the-shelf and ready-to-use gene-edited CAR T-cells to treat cancer patients, and a platform to develop gene therapies in other therapeutic indications. With its in-house manufacturing capabilities, Cellectis is one of the few end-to-end gene editing companies that controls the cell and gene therapy value chain from start to finish.
Cellectis’ headquarters are in Paris, France, with locations in New York and Raleigh, NC. Cellectis is listed on the Nasdaq Global Market (ticker: CLLS) and on Euronext Growth (ticker: ALCLS). To find out more, visit www.cellectis.com and follow Cellectis on LinkedIn and X.
For further information on Cellectis, please contact:
Media contacts:
Pascalyne Wilson, Director, Communications, + 33 (0)7 76 99 14 33, [email protected]
Patricia Sosa Navarro, Chief of Staff to the CEO, +33 (0)7 76 77 46 93
Investor Relations contact:
Arthur Stril, Chief Financial Officer & Chief Business Officer, [email protected]
March 12, 2026 16:30 ET | Source: Brookfield Business Partners
BROOKFIELD, NEWS, March 12, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) announced today that its board of directors has declared a quarterly distribution and dividend in the amount of $0.0625 per unit and per share, respectively payable on March 31, 2026, to holders of record at the close of business on March 23, 2026.
We expect to complete our previously announced corporate reorganization to simplify our corporate structure by the end of the first quarter, subject to final regulatory approvals. Once the reorganization is complete, the new corporate entity expects to pay an annual dividend of $0.25 per share, consistent with the current distribution to existing BBU unitholders and the current dividend to existing BBUC shareholders.
About Brookfield Business Partners
Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors currently have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX; BBU.UN), a limited partnership, or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation. For more information, please visit https://bbu.brookfield.com.
Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management.
This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, include statements regarding the anticipated closing date of the reorganization transaction, and include words such as “expects”, “anticipates”, “plans”, “believes”, “estimates”, “seeks”, “intends”, “targets”, “projects”, “forecasts”, “views”, “potential”, “likely” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may”, “will”, “should”, “would” and “could”. Although Brookfield Business Partners believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Factors that could cause actual results of Brookfield Business Partners to differ materially from those contemplated or implied by the statements in this news release include risks and factors described in the documents filed by BBU and BBUC with securities regulators in Canada and the United States including under “Risk Factors” in BBU’s and BBUC’s most recent Annual Reports on Form 20-F and the joint management information circular of BBU and BBUC filed in connection with the reorganization transaction and other risks and factors that are described therein. Except as required by law, Brookfield Business Partners undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.
March 12, 2026 16:30 ET | Source: AMREP Corporation
HAVERTOWN, Pa., March 12, 2026 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $3,147,000, or $0.58 per diluted share, for its 2026 fiscal third quarter ended January 31, 2026 compared to net income of $717,000, or $0.13 per diluted share, for the same period of the prior year. For the first nine months of 2026, AMREP had net income of $9,039,000, or $1.68 per diluted share, compared to net income of $8,823,000, or $1.64 per diluted share, for the same period of 2025. Revenues were $14,573,000 and $41,823,000 for the third quarter and first nine months of 2026 and $7,520,000 and $38,516,000 for the third quarter and first nine months of 2025.
More information about the Company’s financial performance may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with the Securities and Exchange Commission and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/). As a result of many factors, including the nature and timing of specific transactions and the type and location of land or homes being sold, revenues, average selling prices and related gross margins from land sales or home sales can vary significantly from period to period and prior results are not necessarily a good indication of what may occur in future periods.
AMREP Corporation, through its subsidiaries, is a major holder of land, leading developer of real estate and award-winning homebuilder in New Mexico.
FINANCIAL HIGHLIGHTS
Three Months Ended January 31, 2026 2025Revenues $14,573,000 $7,520,000 Net income $3,147,000 $717,000Earnings per share – basic $0.59 $0.13Earnings per share – diluted $0.58 $0.13 Weighted average number of common shares outstanding – basic 5,340,000 5,321,000Weighted average number of common shares outstanding – diluted 5,389,000 5,381,000 Nine Months Ended January 31, 2026 2025Revenues $41,823,000 $38,516,000 Net income $9,039,000 $8,823,000Earnings per share – basic $1.69 $1.66Earnings per share – diluted $1.68 $1.64 Weighted average number of common shares outstanding – basic 5,334,000 5,316,000Weighted average number of common shares outstanding – diluted 5,384,000 5,376,000 CONTACT:Adrienne M. Uleau Chief Financial Officer and Vice President (610) 487-0907
2026-03-12 20:391mo ago
2026-03-12 16:301mo ago
MKS Inc. Announces SBTi Approval of Science-Based Emissions Reduction Targets
ANDOVER, Mass., March 12, 2026 (GLOBE NEWSWIRE) -- MKS Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today announced that its near-term science-based emissions reduction targets have been approved by the Science Based Targets initiative (SBTi).
MKS has committed to reduce absolute Scope 1 and 2 greenhouse gas emissions 42% by 2030, from a 2022 baseline year. The Company also has committed that 69% of its suppliers and customers by emissions covering purchased goods and services and use of sold products, will have science-based targets by 2030. The SBTi has independently assessed these targets and verified that they align with the 1.5°C Business Ambition trajectory, as recommended by the latest climate science.
“As a critical technology partner, we recognize the importance of reducing emissions across our value chain,” said John T.C. Lee, President and Chief Executive Officer of MKS. “The science-based targets approved by the SBTi provide a critical framework for accountability and progress, and we are dedicated to meeting these goals as part of our broader contribution to global decarbonization.”
The approved targets expand upon MKS’ initial commitment to reduce Scope 1 and 2 emissions, first announced in December 2023. Since then, the Company has recalculated its Scope 1 and Scope 2 emissions inventory to reflect a broader portion of its operations and has also expanded its calculation of Scope 3 categories relevant to MKS in line with SBTi criteria. These updates ensure that MKS’ emissions inventory reflects a more complete and accurate view of its operational and value‑chain footprint.
MKS reports on progress toward its climate goals in its annual Environmental, Social and Governance (ESG) Report.
About MKS Inc.
MKS Inc. (NASDAQ: MKSI) enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding MKS’ environmental goals. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements are economic, political and/or regulatory conditions, technological advances or changes, the actions of our customers, suppliers, investors and other stakeholders, and the other factors described in MKS’ Annual Report on Form 10-K for the year ended December 31, 2025 and any subsequent Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release.
, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Inovio Pharmaceuticals, Inc. ("Inovio" or the "Company") (NASDAQ: INO) have opportunity to lead the securities fraud class action lawsuit.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN INOVIO PHARMACEUTICALS, INC. (INO), CLICK HERE BEFORE APRIL 7, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
What Is The Lawsuit About?
The complaint filed alleges that, between October 10, 2023 and December 26, 2025, Defendants failed to disclose to investors that: (1) manufacturing for Inovio's CELLECTRA device was deficient; (2) accordingly, Inovio was unlikely to submit the INO-3107 BLA to the FDA by the second half of 2024; (3) Inovio had insufficient information to justify the INO-3107 BLA's eligibility for FDA accelerated approval or priority review; (4) accordingly, INO-3107's overall regulatory and commercial prospects were overstated; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
2026-03-12 20:391mo ago
2026-03-12 16:321mo ago
Kyndryl Holdings, Inc. (KD) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
, /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Kyndryl Holdings, Inc. ("Kyndryl" or the "Company") (NYSE: KD).
IF YOU SUFFERED A LOSS ON YOUR KYNDRYL INVESTMENTS, CLICK HERE BEFORE APRIL 13, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About?
The complaint filed alleges that, between August 7, 2024 and February 9, 2026, Defendants failed to disclose to investors that: (1) Kyndryls financial statements issued during the Class Period were materially misstated; (2) Kyndryl lacked adequate internal controls and at times materially understated issues with its internal controls; (3) as a result, Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
SOURCE Glancy Prongay Wolke & Rotter LLP
2026-03-12 20:391mo ago
2026-03-12 16:321mo ago
NIQ Global Intelligence plc (NIQ) Presents at BofA Securities 2026 Information & Business Services Conference Transcript
NIQ Global Intelligence plc (NIQ) BofA Securities 2026 Information & Business Services Conference March 12, 2026 1:35 PM EDT
Company Participants
Michael Burwell - Chief Financial Officer
Presentation
Unknown Analyst
I am part of the business and information services team here at BofA. This session will be on NIQ Global Intelligence, and I'm pleased to have the Chief Financial Officer, Mike Burwell with us . We're going to construct this session as a fireside conversation, and we'll [indiscernible] go the sort of questions if time permits. So thanks, Mike, for joining us.
Michael Burwell
Chief Financial Officer
Glad to be here.
Question-and-Answer Session
Unknown Analyst
So it's been almost 8 months since NIQ has gone public. It seems like the first year of a company going public is really the time that sets the building block for the years to come. Now with several quarters of public performance, what has been the biggest misconception and how the investment community perceives NIQ full view compared to your internal reality?
Michael Burwell
Chief Financial Officer
Yes. I think the biggest misconception is that NIQ is a static data provider. Internally, we see the business is becoming more embedded more differentiated and frankly, more valuable as our clients continue to operationalize AI. In fact, our client behavior tells really -- to me, a real compelling story and that is that a 105% of our net -- we have 105% net dollar retention. We have 98% gross dollar retention, over 30% increase year-over-year in terms of our data being used by our clients. So when I think about that, that's not about commoditization. Really, frankly, that's deeper embedment that we're seeing actually in our clients.
We're also seeing roughly 2/3 of our top clients, or top 50 clients using one of our AI native
2026-03-12 20:391mo ago
2026-03-12 16:321mo ago
Siltronic AG ADR (SLTCY) Q4 2025 Earnings Call Transcript
Siltronic AG ADR (SLTCY) Q4 2025 Earnings Call March 12, 2026 5:00 AM EDT
Company Participants
Stephanie Malgara
Michael Heckmeier - CEO & Chairman of Executive Board
Claudia Schmitt - CFO & Member of Executive Board
Conference Call Participants
Harry Blaiklock - UBS Investment Bank, Research Division
Constantin Hesse - Jefferies LLC, Research Division
Martin Jungfleisch - BNP Paribas, Research Division
Robert Sanders - Deutsche Bank AG, Research Division
Gustav Froberg - Joh. Berenberg, Gossler & Co. KG, Research Division
Daniel Schafei - Citigroup Inc., Research Division
Presentation
Operator
Hello, everyone, and welcome to the presentation of Siltronic's Full Year 2025 Results. Please note that this call is being recorded and streamed on Siltronic's website. The call will also be available as an on-demand version later today. Your participation in this call implies your consent with this.
At this time, I would like to turn the conference over to Stephanie Malgara, Senior Manager, Investor Relations at Siltronic. Please go ahead.
Stephanie Malgara
Thank you, Cynthia. Welcome, everybody, to our full year 2025 results presentation. This call will also be webcast live on siltronic.com. A replay of the call will be available on our website shortly after the end of the call. Our CEO, Michael Heckmeier; and our CFO, Claudia Schmitt, will give you an overview of our financials, the current market developments and our guidance. After the presentation, we will be happy to take your questions.
Please note that management's comments during this call will include forward-looking statements that involve risks and uncertainties. For a discussion of risk factors, I encourage you to review the safe harbor statement contained in today's press release and presentation. All documents relating to our full year 2025 reporting are available on our website.
I now turn the call over to Michael for his comments.
Michael Heckmeier
CEO & Chairman
2026-03-12 20:391mo ago
2026-03-12 16:321mo ago
Best Buy Co., Inc. (BBY) Presents at UBS Global Consumer and Retail Conference Transcript
Best Buy Co., Inc. (BBY) UBS Global Consumer and Retail Conference March 12, 2026 8:00 AM EDT
Company Participants
Corie Barry - CEO & Director
Matthew Bilunas - Senior EVP, Chief Financial & Strategy Officer
Conference Call Participants
Michael Lasser - UBS Investment Bank, Research Division
Presentation
Michael Lasser
UBS Investment Bank, Research Division
To kick off our first discussion, I'm pleased to introduce Best Buy's Chief Executive Officer, Corie Barry; and Chief Financial and Strategy Officer, Matt Bilunas. Their fireside will be moderated by Michael Lasser. Thank you again for your continued engagement as we begin another great day of dialogue and insight.
Corie Barry
CEO & Director
I'm kind of sad I missed the tribute to Michael Lasser..
Michael Lasser
UBS Investment Bank, Research Division
Boy, you missed nothing. Well, I don't think there could be a better way to begin the second and final day of this glorious event than having my friends from Best Buy with us. I am thrilled, so thrilled to introduce Corie Barry, Best Buy's Chief Executive Officer; Matt Bilunas, who is not only the Chief Financial Officer, but the Chief Strategy Officer and someone who needs no introduction, but Mollie O'Brien leads the company's Investor Relations effort. Wow, there is a lot to talk about. So I'm glad to have my friend here.
Question-and-Answer Session
Michael Lasser
UBS Investment Bank, Research Division
Where I want to start is Best Buy is a story that has constantly been underestimated by the investment community. I think my folks on the stage kind of like that. They like to be underestimated and under -- I won't say underappreciated because there are many of us who appreciate you lately.
But this is a company that has been through a lot and has figured out ways to navigate through
2026-03-12 20:391mo ago
2026-03-12 16:331mo ago
Bragar Eagel & Squire, P.C. Urges Beyond Meat, Inc. (NASDAQ:BYND) Investors with Large Losses to Contact the Firm Before March 24th
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Beyond Meat (BYND) To Contact Him Directly To Discuss Their Options
If you purchased or acquired Beyond Meat securities between February 27, 2025 and November 11, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) --
What’s Happening?
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Beyond Meat, Inc. (“Beyond Meat” or the “Company”) (NASDAQ:BYND) in the United States District Court for the Central District of California on behalf of all persons and entities who purchased or otherwise acquired Beyond Meat securities between February 27, 2025 and November 11, 2025, both dates inclusive (the “Class Period”).Investors have until March 24, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?
The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding Beyond Meat's business, operations, and prospects, including allegations that: (i) the book value of certain of Beyond Meat’s long-lived assets exceeded their fair value, making it highly likely that the Company would be required to record a material, non-cash impairment charge; and (ii) the foregoing was likely to impair Beyond Meat’s ability to timely file its periodic filings with the SEC. What are the Next Steps?
If you purchased or otherwise acquired Beyond Meat shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.
, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Apollo Global Management, Inc. ("Apollo" or the "Company") (NYSE: APO) have opportunity to lead the securities fraud class action lawsuit.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN APOLLO GLOBAL MANAGEMENT, INC. (APO), CLICK HERE BEFORE MAY 1, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
What Is The Lawsuit About?
The complaint filed alleges that, between May 10, 2021 and February 21, 2026, Defendants failed to disclose to investors that: (1) Apollo CEO Marc Rowan and former CEO Leon Black, among other leadership figures at Apollo Global, frequently communicated with Jeffrey Epstein in the 2010s regarding Apollo's business; (2) as a result, Apollo's assertion that the Company had never done business with Jeffrey Epstein was untrue; (3) because of the entanglement between Apollo's leaders and Jeffrey Epstein, the harm to Apollo's reputation was more than a mere possibility; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
SOURCE The Law Offices of Frank R. Cruz, Los Angeles
2026-03-12 20:391mo ago
2026-03-12 16:351mo ago
Andina Copper Closes Concurrent Financings for $27.5 M
March 12, 2026 – Vancouver, British Columbia – TheNewswire - Andina Copper Corp. (“Andina Copper” or the “Company”) (TSX-V:ANDC / FSE: FIRA / OTCQX®: PMMCF) is pleased to advise it has closed the previously announced non-brokered private placement pursuant to the Listed Issuer Financing Exemption for gross proceeds of $12,200,000, through the issue of 15,250,000 common shares at a price of $0.80 per share. Concurrently, the Company has also closed the previously announced non-brokered private placement for gross proceeds of $15,300,000 through the issue of 19,125,000 common shares at a price of $0.80 per share (refer 23 February 2026 News Release).
Finder’s fees totaling $1,062,320 were paid to Velocity Capital Partners, Haywood Securities Inc., Canaccord Genuity Corp., and others.
The Company intends to use the net proceeds to fund exploration at the Company’s Piuquenes and Cobrasco Projects, working capital and general corporate purposes.
Grant of Incentive Stock Options
The Company has granted a total of 750,000 stock options exercisable at $1.20 and of a 5-year term to certain consultants. Following this grant, the Company has 17,373,432 options outstanding, equivalent to ~6.5% of the outstanding common shares.
The Company’s Corporate Presentation is available at: Andina Copper Corporate Presentation
Interested parties can subscribe to our mailing list and follow our social media channels:
Mailing List | Andina Copper LinkedIn | Andina Copper X | Andina Copper Instagram
ABOUT ANDINA COPPER
Andina Copper Corporation is a unique South America- focused copper explorer listed on the TSX Venture Exchange (TSXV:ANDC), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCF) exchanges. The Company holds two significant discoveries along the world’s premier copper producing Andean porphyry belt in Argentina and Colombia, and a compelling undrilled copper-gold target in the prolific copper production district of the Coastal Cordillera of Chile.
FORWARD-LOOKING STATEMENT
This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Andina Copper expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects" and similar expressions, or that events or conditions "will" or "may" occur. These statements are subject to various risks. Although Andina Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance, and actual results may differ materially from those in forward-looking statements.
Neither the TSXV nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this release.
2026-03-12 20:391mo ago
2026-03-12 16:351mo ago
Oracle Corporation (ORCL) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Shareholders with losses of $50,000 or more are encouraged to contact the firm.
, /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Oracle Corporation ("Oracle" or the "Company") (NYSE: ORCL).
IF YOU SUFFERED A LOSS ON YOUR ORACLE INVESTMENTS, CLICK HERE BEFORE APRIL 6, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About?
The complaint filed alleges that, between June 12, 2025 and December 16, 2025, Defendants failed to disclose to investors that: (1) Oracle'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' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
SOURCE Glancy Prongay Wolke & Rotter LLP
2026-03-12 20:391mo ago
2026-03-12 16:351mo ago
BellRing Brands, Inc. (BRBR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
, /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against BellRing Brands, Inc. ("BellRing " or the Company") (NYSE: BRBR).
IF YOU SUFFERED A LOSS ON YOUR BELLRING INVESTMENTS, CLICK HERE BEFORE MARCH 23, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About?
The complaint filed alleges that, between November 19, 2024 and August 4, 2025, Defendants failed to disclose to investors that: (1) contrary to Defendants' repeated representations, their strong sales results did not reflect increased end-consumer demand or brand momentum; (2) instead, customers accumulated excess inventory as a safeguard against product shortages that had previously constrained BellRing's supply; (3) Once customers gained confidence that product shortages were a thing of the past, they promptly reduced their inventory by selling through existing products and cutting back on new orders; (4) Following the destocking, the Company admitted that competitive pressures were materially weakening demand; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
SOURCE Glancy Prongay Wolke & Rotter LLP
2026-03-12 20:391mo ago
2026-03-12 16:361mo ago
GE Vernova: Road To $1,000 As Estimate Revisions Keep Climbing
SummaryGE Vernova raised 2026 revenue guidance well above consensus (once again), and some bears turned bulls after the Q4 results and guidance.Notable examples include Redburn, which went from a Sell to Buy and lifted its target to $1,100 once the demand story became too obvious to ignore.Demand remains strong, with gas-turbine capacity largely sold out through 2028 and reports that even 2029-2030 slots are nearly gone.Wind segment remains a drag, expected to lose $400M EBITDA in 2026, while valuation is rich at 60x forward earnings.That said, as long as hyperscaler capex remains strong and grid bottlenecks persist, I am not overly concerned by GEV's rich multiple. A_Columbo/iStock Editorial via Getty Images
Earlier this year, I released an article on GE Vernova (GEV) titled: "GE Vernova: The AI Power Bottleneck Trade Is Far From Over."
Well, as proven by the January guidance, which validated the continuation of the upward estimate revision cycle of the
11.63K Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-12 20:391mo ago
2026-03-12 16:371mo ago
Plug Power, Inc. (PLUG) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Shareholders with losses of $50,000 or more are encouraged to contact the firm.
, /PRNewswire/ -- Glancy Prongay Wolke & Rotter LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Plug Power, Inc. ("Plug Power" or the "Company") (NASDAQ: PLUG).
IF YOU SUFFERED A LOSS ON YOUR PLUG POWER INVESTMENTS, CLICK HERE BEFORE APRIL 3, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About?
The complaint filed alleges that, between January 17, 2025 and November 13, 2025, Defendants failed to disclose to investors that: (1) Defendants had materially overstated the likelihood that funds attributed to the DOE Loan would ultimately become available to Plug Power, and/or that Plug Power would ultimately construct the hydrogen production facilities necessary to receive those funds; (2) as such, Plug Power was likely to pivot toward more modest projects with less commercial upside; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
SOURCE Glancy Prongay Wolke & Rotter LLP
2026-03-12 20:391mo ago
2026-03-12 16:381mo ago
Adobe beats Q1 estimates but shares slide on weak profit outlook, CEO transition news
Adobe Inc (NASDAQ:ADBE) shares fell more than 6% after the software maker reported its fiscal first quarter results, as investors reacted to the company’s weak quarterly profit outlook and a planned leadership transition despite headline beats on revenue and earnings.
The company reported revenue of $6.4 billion for the quarter ended February 27, up 12% year-over-year. Analysts had been expecting revenue of roughly $6.275 billion, implying mid-single-digit growth from the prior year.
Adobe reported earnings of $6.06 per share, ahead of analyst estimates of about $5.87 per share.
Subscription revenue, the core of Adobe’s recurring-revenue model, reached $6.17 billion, representing 13% year-over-year growth and exceeding the roughly $6.09 billion analysts had expected.
Within that, Creative & Marketing Professionals subscription revenue totaled $4.39 billion, up 12% from a year earlier, while Business Professionals & Consumers subscription revenue reached $1.78 billion, rising 16% year over year.
Total Adobe annual recurring revenue (ARR) exiting the quarter was $26.06 billion.
Remaining performance obligations, a measure of contracted future revenue, were $22.22 billion, with 67% classified as current RPO expected to be recognized within the next 12 months.
Executives highlighted artificial intelligence as an increasingly important growth driver for the company’s products.
“Adobe delivered record Q1 results with AI-first ARR more than tripling year over year and subscription revenue growing 13%,” CEO Shantanu Narayen said in a statement.
Looking ahead, Adobe said it expects second quarter revenue between $6.43 billion and $6.48 billion, compared to estimates of $6.44 billion. It projected earnings per share of $4.35 to $4.40, far below estimates of $5.67.
The company said its outlook reflects expectations for current macroeconomic conditions and does not include contributions from its pending acquisition of Semrush Holdings, which remains subject to regulatory approvals and other customary closing conditions.
Adobe also reaffirmed its previously issued fiscal-year 2026 targets.
Alongside the earnings release, Adobe announced that Narayen has decided to transition from his role as chief executive after a successor is appointed, ending an 18-year tenure leading the company.
Narayen will remain chair of the board. The board has appointed Frank Calderoni to lead a special committee overseeing the CEO search, which will evaluate both internal and external candidates.
2026-03-12 20:391mo ago
2026-03-12 16:381mo ago
UiPath Fell on Good News—That Could Be the Opportunity
This is a fair market value price provided by Massive. Learn more.
52-Week Range$9.38▼
$19.84P/E Ratio27.14
Price Target$14.27
UiPath NYSE: PATH is on the path to a full market reversal because its March price pullback is an irrational response to good news. The company's Q4 fiscal year 2026 (FY2026) results topped expectations, with 13.4% revenue growth and net income more than doubling, yet shares pulled back.
The likely outcome is that accelerating adoption of agentic AI, as reflected in new guidance targets, will drive accelerating growth and outperformance over the coming quarters, resulting in bullish cycles and an uptrend in the stock's price.
Get UiPath alerts:
Technically, the setup resembles a head-and-shoulders reversal. Because the pattern is skewed to the downside, there is a risk that this market enters a trading range before making the full reversal, but the bottom appears to be in.
Critical support sits at $10.75, with resistance near $12.25 likely to be tested if not broken soon. In the longer term, a move above $13.50 would be a more bullish signal, taking the market above the pattern's initial shoulder and setting it up for a sustainable rally.
Market Data Reflects Support and Accumulation of PATH Stock Analysts' responses to the earnings report were mixed, with some focusing on potentially cautious guidance, prompting them to trim price targets. The flipside is that other analysts upgraded the stock, citing strong net-new annual recurring revenue growth, free cash flow, and the impact of the company’s agentic AI shift. The shift is significant, as the company transitions from traditional rules-based automation to thinking, reasoning AI agents capable of performing more complex tasks.
Current Price$11.47High Forecast$18.00Average Forecast$14.27Low Forecast$12.00UiPath Stock Forecast Details
Although mixed, the response aligns with trends suggesting this stock is buyable. The 18 analysts tracked by MarketBeat rate it a Hold, with a consensus price target near $15. That implies roughly 30% upside for this market, sufficient to put it back above its 150-day exponential moving average (EMA). The 150-day EMA is a key indicator of market sentiment, reflecting the activity of long-term holders, buy-and-hold investors, and institutions.
Institutional data is noteworthy because it reveals the group owning more than 60% of the stock, providing solid support, and accumulating shares in 2026. While the balance of activity has been bullish for three consecutive quarters, the first quarter of calendar 2026 is notable because total activity spiked along with the buying pace. The buying pace in the first two months of Q1 approached $3 bought for each $2 sold and may accelerate, given the discounted share prices. Early price action suggests that someone is buying this dip.
Under the Hood: UiPath's Q4 Was Better Than the Stock Suggests Beneath the headline numbers, the quarter's strength was broad-based across licenses, subscriptions, and services, driven by new client growth and retention. Annual recurring revenue grew by a net 11%, underpinned by a 7% increase in retention revenue. Margins were also strong, experiencing leverage and quality improvements. Cash flow was robust, with free cash flow of $182 million (38% of revenue) and 100% conversion.
Free cash flow is a significant factor as this tech company is not only profitable but already returning capital to its investors. The stock does not pay dividends, but the company buys back shares, reducing the count by an aggressive 3.8% in FY2026. The pace of buybacks may slow in FY2027 but will likely remain strong, as the company announced a fresh $500 million buyback authorization to replace the now-used billion-dollar authorization.
UiPath’s balance sheet provides no red flags for investors. The highlights include a small reduction in cash and current assets, offset by increases in total assets. The net result is increased equity and persistently low leverage, with total liabilities less than one times equity and just over one times cash. The company is in a fortress position, able to invest as needed to support its strategy. Catalysts this year include the integration of WorkFusion, which enhances its agentic capabilities, product innovation, and the accelerating adoption of agentic AI.
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2026-03-12 19:391mo ago
2026-03-12 14:311mo ago
Ripple Sets Up Buyback Plan At $50B To Tighten Supply
A 25% uptick in value since the last funding round has pushed the IT giant to unprecedented confidence levels.
Market Sentiment:
Bullish Bearish Neutral
Published: March 12, 2026 │ 6:26 PM GMT
Created by Gabor Kovacs from DailyCoin
Ripple Labs just unveiled a $750 million share buyback plan after the IT company received a $50 billion valuation. Corporate buybacks of this magnitude are beneficial in the related digital asset’s long-term growth, in this case XRP & RLUSD.
Describing this initiative, Ripple’s representatives said they would initiate a buyback campaign starting from April. Employees & early Ripple Labs investors are able to participate in the deed, demonstrating confidence in their private market valuation.
This comes as no surprise since Ripple Labs netted another $500 million in the latest funding round & increased their valuation by roughly 25% since the original $40 billion valuation last year. With the regulatory landscape shifting, this comes as a natural move by Ripple’s vision.
Sponsored
Scoring over 300 partnerships in traditional finance, the issuers of XRP coin are looking to increase their TradFi presence even further. Registering for a traditional banking license in the United States (USA) last year, Ripple kicked off 2026 strong with more acquisitions & a high-profile participation in the ongoing Clarity Act.
Clarity Acts Plays a Crucial Role In XRP’s RiseThis digital asset-focused crypto bill is heavily backed by Ripple’s team, including CEO Brad Garlinghouse & President Monica Long. Whilst the conflict on stablecoin yield prevents the Clarity Act from a legal fast-track, most market watchers see April, 2026 as a plausible date for negotiations between banks & crypto firms to bear fruit.
Even though the recent $750 million buyback initiative doesn’t directly shrink XRP’s supply, a recent shift among exchange customers hints at a supply crunch. On Binance, XRP’s reserves have drastically plummeted from beyond $6 billion at the start of 2026 to just $3.7 billion now. Coinbase had seen similar drops in reserves throughout 2025.
Typically, this means long-term crypto currency holders are starting to move their assets onto self-custodial wallets without the intention of selling the asset anytime soon. If this tendency is met with a high trading volume & a rising demand, this supply crunch could assist in the next leg-up.
Check out DailyCoin’s popular crypto news today:
SWIFT Taps Ripple’s Partner To Complete Landmark Trial
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People Also Ask:What exactly is Ripple’s new buyback plan, and how does it set a $50B valuation?
Ripple Labs (the company behind the XRP Ledger, RippleNet payments, and RLUSD stablecoin) has initiated a tender offer to repurchase up to $750 million worth of its own private shares from early investors and employees.
Does this buyback involve buying back XRP tokens to “tighten supply,” or is it something else?
Not at its core – this is not an XRP token buyback or burn program. It’s a share buyback of Ripple Labs’ private equity (company stock), not the circulating XRP cryptocurrency.
How does this tie into recent on-chain data, like Binance’s XRP reserves dropping?
Binance’s XRP reserves have fallen to their lowest level in 10 months (specific figures around ~$3.7B equivalent), signaling potential user accumulation or reduced exchange sell-offs.
What are the broader implications for Ripple as a company and the XRP ecosystem?
The buyback signals strong corporate health and founder/investor confidence despite crypto market headwinds (e.g., XRP down significantly over recent months).
DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?
Market Sentiment
100% Bullish
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.
2026-03-12 19:391mo ago
2026-03-12 14:361mo ago
Vitalik Buterin Redefines Ethereum With Three Core Roles
TLDR Vitalik Buterin presented three core functions that redefine Ethereum’s long-term direction. The proposal describes Ethereum as a global bulletin board for permanent public data. The PeerDAS upgrade aims to reduce data storage costs on the Ethereum network. Ether serves as a payment tool to prevent spam and Sybil attacks in open systems. The network burns security deposits when participants violate established rules. Vitalik Buterin outlined a revised framework for Ethereum in a post published today on X. He described three core functions that define Ether’s long-term purpose. He framed Ethereum as “the global shared memory of the world” and urged a shift away from marketing noise.
Vitalik Buterin Sets Out Ethereum’s Three Core Functions Vitalik Buterin said Ethereum should function as a global bulletin board for open protocols. He explained that many cryptographic systems require a public place where users can write data permanently. He stated that older blockchain models made such storage expensive and limited. However, he said the PeerDAS upgrade allows Ethereum to store large data volumes at low cost.
He clarified that Ethereum does not need to compute every task directly on the chain. Instead, he said the network must guarantee that data remains available and cannot be deleted. He described this function as essential for open cryptographic coordination. Therefore, he positioned Ethereum as infrastructure for public data integrity rather than heavy computation.
I was recently at Real World Crypto (that's crypto as in cryptography) and the associated side events, and one thing that struck me was that it was a clarifying experience in terms of understanding *what blockchains are for*.
We blockchain people (myself included) often have a…
— vitalik.eth (@VitalikButerin) March 12, 2026
Buterin then addressed spam prevention within permissionless systems. He argued that fully open platforms cannot ban users outright without undermining decentralization. As a result, he said every action must carry a small financial cost. He described Ether as a universal payment tool for APIs, spam resistance, and security deposits.
He added that the network burns deposits when users break established rules. This mechanism, he said, discourages Sybil attacks and system abuse. Consequently, Ether gains utility beyond speculation or trading. He framed transaction costs as necessary friction that protects open systems.
Ethereum’s Smart Contracts and the Role of Zero Knowledge Buterin also described smart contracts as tools for convenience and coordination. He stated that users can compute most processes locally on their own devices. Then, they can submit results to Ethereum using zero-knowledge proofs. He explained that this approach reduces on-chain computation while preserving verification.
He emphasized that smart contracts provide a shared standard environment. According to him, this standard lets different programs interact within one ecosystem. He said this structure simplifies digital asset management and protocol communication. Therefore, Ethereum acts as a common platform for decentralized applications.
In his post, Buterin summarized Ethereum as shared global memory. He wrote that Ether supports privacy and censorship resistance in modern systems. He stressed that the asset now underpins a broader technology stack. He shared these points on X earlier today without outlining a specific timeline.
2026-03-12 19:391mo ago
2026-03-12 14:451mo ago
XRP Price Prediction as Ripple Says 77% of Hong Kong Financial Firms Are Embracing Digital Assets
XRP Eyes $1.7 as Hong Kong Banks Embrace Digital AssetsMarket analyst GainMuse notes that XRP has entered a compression channel, a transitional pattern where selling slows and accumulation builds, setting the stage for a potential breakout.
Currently trading at $1.38 per CoinCodex data, XRP presents a near-term opportunity for investors to watch.
Source: CoinCodexWell, compression channels, or consolidation ranges, signal a battle between buyers and sellers, where prices tighten and volatility drops. When accumulation takes over, it often foreshadows a bullish breakout, as seen in XRP’s historical cycles, including the 2017 rally.
GainMuse notes that the current XRP setup mirrors these early accumulation phases, hinting at potential gains ahead. Ripple CEO Brad Garlinghouse recently noted that XRP investors could be in a “very happy place” within five years as blockchain adoption and institutional demand continue to rise.
Hong Kong Banks Drive Institutional Crypto AdoptionRipple’s 2026 report, The Future of Hong Kong Finance: Ripple & Quinlan, shows 77% of Hong Kong’s financial institutions now integrating crypto and blockchain into operations, highlighting the shift of digital finance from niche experimentation to mainstream adoption.
Hong Kong, a notable global financial hub, is accelerating its push into digital finance. A recent Ripple report highlights that institutions are harnessing blockchain for payments, settlements, and more, making digital assets central, not peripheral, to the region’s strategy.
By adopting these technologies, banks boost efficiency, transparency, and resilience while meeting growing client demand for digital financial products.
Supporting this shift, the Hong Kong Monetary Authority (HKMA) proposed easing capital requirements for licensed banks managing certain cryptocurrencies, signaling a more crypto-friendly regulatory approach.
For XRP, growing institutional adoption in Hong Kong is a game-changer. As Ripple expands its network of partners and clients, the coin gains real-world utility beyond market speculation.
Analysts note that this adoption could strengthen bullish technical patterns, such as the compression channel, potentially setting the stage for a move toward $1.7.
Therefore, XRP stands at a critical juncture. With technical momentum aligning with accelerating enterprise adoption, including Hong Kong granting its first crypto license in eight months to Victory Fintech’s VDX, the cryptocurrency is positioned for both strategic and speculative interest in the months ahead.
ConclusionXRP's compression channel signals a potential rise toward $1.7, while accelerating institutional adoption in Hong Kong boosts crypto’s real-world utility.
Therefore, the blend of technical momentum and strategic integration positions XRP as a cryptocurrency to watch closely in the coming months.
2026-03-12 19:391mo ago
2026-03-12 14:471mo ago
Policy Group Calls for Bitcoin Inclusion in Proposed Crypto Tax Exemption
The Bitcoin Policy Institute (BPI) is urging Congress to broaden proposed de minimis tax relief for digital assets beyond payment stablecoins to include bitcoin and other major network tokens.
Under current law, bitcoin is treated as property, which means every purchase with the asset triggers a capital gains calculation, regardless of transaction size.
BPI argues that this framework discourages routine payments, such as buying coffee or sending small remittances, because users must track cost basis and report minor gains and losses.
Lawmakers have worked on several approaches in the 119th Congress. Senator Cynthia Lummis introduced a standalone bill that would create a 300 dollar per‑transaction threshold with a 5,000 dollar annual cap and address mining and staking taxation.
House members Max Miller and Steven Horsford floated a discussion draft tied to the PARITY Act that would apply a narrower exemption to regulated payment stablecoins and target a 200 dollar threshold consistent with foreign currency rules.
BPI describes that shift toward a “stablecoin‑only” de minimis model as a significant departure from earlier bipartisan efforts to cover a broader range of digital assets.
The group contends that limiting relief to stablecoins would leave most bitcoin payments subject to full reporting obligations while also failing to account for the fact that stablecoin transactions rely on separate network tokens for transaction fees, which remain taxable events.
In response, BPI has led a coalition letter to key tax writers and mounted an outreach campaign on Capitol Hill, meeting with 19 congressional offices across both chambers over the past three months.
The organization is pressing for a value‑based exemption that would apply to both GENIUS‑compliant payment stablecoins and large‑cap network tokens, potentially up to 600 dollars per transaction with an annual cap near 20,000 dollars.
BPI warns that with midterm politics approaching and Senator Lummis set to leave the Senate in January 2027, the window for comprehensive digital asset tax reform may close if Congress does not advance a package before an expected legislative push in August 2026.
Coinbase rejects claims they opposed Bitcoin tax relief All this comes as Coinbase Chief Policy Officer Faryar Shirzad and CEO Brian Armstrong recently denied allegations that the exchange lobbied against the proposed de minimis tax exemption for Bitcoin, responding on X to claims made by Bitcoin podcaster Marty Bent.
Shirzad called the accusation “a total lie,” stating the company had never and would never lobby against Bitcoin.
The denial followed Bent’s March 11 report alleging Coinbase had told lawmakers the exemption was unnecessary because Bitcoin was not widely used as money.
According to Bent, the company argued that a de minimis exemption would amount to a “handout” unlikely to pass and was instead advocating for stablecoin-focused tax treatment that could benefit its own business model. Bent later said he had three sources supporting the claim.
Armstrong rejected the allegation, calling the rumor “totally false” after being publicly asked for clarification by Jack Dorsey of Block Inc..
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
2026-03-12 19:391mo ago
2026-03-12 14:511mo ago
Tax-Free Bitcoin for Coffee? BPI Explains Exemption Fight
If you want to buy a $4 latte with Bitcoin, you owe the IRS a capital gains calculation simply because your crypto appreciated by six cents. Of course, this is a huge hindrance to mainstream adoption in the payment sector.
The IRS classifies Bitcoin as property, which means that every transaction triggers a reporting obligation.
However, the fight to end this tax nightmare is heating up in Washington.
HOT Stories
A once-in-a-decade opportunity According to a brief released by the Bitcoin Policy Institute (BPI), the 119th Congress represents the best opportunity in a decade to finally secure a de minimis tax exemption.
Congress already solved this exact problem decades ago for foreign fiat currencies.
In mid-2025, Senator Cynthia Lummis filed a standalone bill proposing a broad $300 per-transaction threshold (with a $5,000 annual cap) for digital assets used to buy goods or services. Treasury Secretary Scott Bessent even offered its input on the issue.
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A bipartisan discussion draft from Representatives Max Miller (R-OH) and Steven Horsford (D-NV) was introduced to limit the de minimis provision to only regulated payment stablecoins (in a huge blow to Bitcoin fans).
The BPI then launched a Capitol Hill engagement campaign to counter the anti-Bitcoin draft. Over the past three months, the institute has met with 19 congressional offices across the House and Senate to explain why the stablecoin-only approach is too myopic.
The political window to pass the much-needed exemption is narrowing with each passing day. Congress will soon be consumed by the midterms, and Senator Lummis is scheduled to depart the Senate in January 2027.
"If a package does not come together in the next few months, the opportunity may not return for years," the lobbying organization warns.
The XRP market may be experiencing volatility, but institutional interest around the asset appears to be holding steady. According to Bloomberg ETF analyst James Seyffart, XRP exchange-traded funds have “held up pretty well despite the massive pullback in price,” suggesting that investor demand for exposure to Ripple’s token may be stronger than many expected.
The observation comes at a time when the broader cryptocurrency market has faced periodic corrections following a strong rally earlier in the cycle. While price fluctuations often shake out retail traders, institutional products such as ETFs tend to provide a clearer picture of longer-term sentiment.
Institutional demand could be stabilizing XRPThe resilience of XRP-related investment products is significant because exchange-traded funds are widely viewed as a gateway for institutional capital to enter crypto markets. The success of spot Bitcoin ETFs in 2024 demonstrated how regulated investment vehicles can dramatically increase liquidity and accessibility for digital assets.
If XRP ETFs continue to attract stable inflows even during periods of market weakness, it could signal that institutional investors are positioning themselves for the asset’s long-term potential rather than reacting to short-term price swings.
Several asset managers have already explored XRP-based ETF products, including major firms seeking approval from the U.S. Securities and Exchange Commission (SEC). Analysts note that the development of these products could unlock broader adoption by providing investors exposure to XRP through traditional brokerage accounts.
Regulation still plays a key roleDespite growing interest, the future of XRP ETFs is still closely tied to regulatory developments in the United States. The long-running legal dispute between Ripple Labs and the SEC has historically been one of the biggest obstacles for institutional adoption.
XRP has fallen more than 50% over the past six months. Source: CoinCodex.Ripple scored a partial legal victory in 2023 when a U.S. federal judge ruled that XRP sold on public exchanges does not constitute a security, although some institutional sales were deemed securities transactions. The decision was widely viewed as a milestone for the broader crypto industry and helped restore confidence among investors.
However, regulatory uncertainty remains. Analysts say a fully resolved legal framework for XRP would likely accelerate ETF approvals and open the door for significantly larger institutional participation.
The bigger picture for XRPEven with lingering regulatory questions, the conversation around XRP ETFs highlights a major shift in how the market views Ripple’s ecosystem. Once considered a controversial asset due to its legal battles, XRP is increasingly being discussed alongside other major cryptocurrencies in the context of institutional products.
Some analysts believe that if an XRP ETF is eventually approved, it could significantly boost demand, liquidity, and price discovery for the asset. In bullish scenarios, increased institutional flows could help push XRP into a new phase of adoption as both a payment-focused digital asset and a broader investment vehicle.
For now, the ability of XRP-linked ETFs to remain resilient during market pullbacks may be an early signal that larger players are quietly accumulating exposure, positioning themselves ahead of the next potential phase of the crypto market cycle.
2026-03-12 19:391mo ago
2026-03-12 14:541mo ago
Coinbase execs deny lobbying against Bitcoin de minimis tax exemption
Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC) transactions below a certain threshold to push for stablecoin tax exemptions.
Several Bitcoin advocates speculated on social media that the exchange told US lawmakers that a BTC tax exemption is not needed because BTC is not widely used as a medium of exchange.
Coinbase CEO Brian Armstrong responded by calling the allegations “totally false” and a form of misinformation.
“I've spent a bunch of time lobbying for Bitcoin's de minimis tax exemption, and will continue doing so. It's obviously the right thing,” he said.
Source: Brian ArmstrongIn separate posts, Paul Grewal, chief legal officer at Coinbase, said, “We’ve never lobbied against BTC,” while Faryar Shirzad, the crypto exchange’s chief policy officer, echoed the statement.
Cointelegraph reached out to Coinbase, but the company declined to comment beyond the responses made by its executives.
Tax policy is one of the main impediments to Bitcoin’s use as a payment method, according to advocates for the biggest crypto, as every sale or transfer would trigger a taxable event, prohibiting its use as an electronic cash system.
BTC advocates and pro-crypto lawmakers push for BTC tax exemptionIn July 2025, US Senator Cynthia Lummis introduced a bill proposing a de minimis tax exemption for cryptocurrency transactions of $300 or less, with a $5,000 annual exemption cap.
However, the bill failed to gain traction, and the de minimis exemption for BTC transactions is not included in the CLARITY Act draft legislation, according to advocacy group the Bitcoin Policy Institute.
Instead, the tax exemption will apply only to US dollar-pegged stablecoins, according to Conner Brown, the managing director for the Bitcoin Policy Institute.
Washington, DC-based crypto advocacy group Blockchain Association also outlined a crypto tax proposal and submitted the plan to US lawmakers in February.
The crypto tax policy proposal from the Blockchain Association. Source: Blockchain AssociationThe proposal called for exemptions on “low-dollar” crypto transactions, but did not specify a dollar amount.
“A meaningful de minimis exemption for digital asset transactions would eliminate disproportionately onerous reporting for individual taxpayers,” the proposal said.
Magazine: Bitcoin is ‘funny internet money’ during a crisis: Tezos co-founder
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
2026-03-12 19:391mo ago
2026-03-12 14:571mo ago
Dogecoin, Shiba Inu At Critical Support—Break These Levels And It Gets Ugly
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) both are hovering near critical support levels after 58-60% declines from highs as descending channels trap price and money flow turns deeply negative. DOGE Tests $0.09 Floor Dogecoin dropped roughly 60% over five months from $0.23 in October 2025 to current levels.
2026-03-12 19:391mo ago
2026-03-12 14:571mo ago
Arthur Hayes Data Shows Bitcoin (BTC) Outperforming Gold, Nasdaq
TLDR Arthur Hayes reported that Bitcoin gained 7% since February 28, outperforming gold and the Nasdaq 100. Gold fell 2%, and the Nasdaq 100 slipped 0.5% during the same period based on normalized data. Bitcoin dropped to nearly $63,000 after initial strike reports but later rebounded to $67,000. The London Crypto Club said Bitcoin reacts to extreme market scenarios on both ends of the risk spectrum. On-chain analysts at Arab Chain reported that the Binance BTC Scarcity Index reached 5.10, its highest since October 2025. Bitcoin gained 7% since February 28, when the U.S.-Iran war began, according to Arthur Hayes. Gold fell 2%, while the Nasdaq 100 slipped 0.5% over the same period. Hayes shared the comparative data on X on March 12, citing a normalized performance chart.
Bitcoin Leads Performance Since February 28 Hayes compared Bitcoin, gold, and the Nasdaq 100 using a shared baseline starting February 28. He showed that Bitcoin rose 7%, while gold declined 2% and the Nasdaq 100 fell 0.5%. He said the chart allowed a direct comparison of relative returns across nearly two weeks.
$BTC (+7%, white) has outperformed Gold (-2%, gold) and the Nasdaq100 (-0.5%, green) since the US-Iran war started on Feb 28th. Realative to similar type large risky assets, $BTC did the best when viewed against oil & gas energy price spikes. pic.twitter.com/pO9JOzPbEb
— Arthur Hayes (@CryptoHayes) March 12, 2026
Bitcoin moved higher as energy prices increased on supply disruption concerns. However, the asset showed volatility during the conflict’s early hours. It fell from about $66,000 to just above $63,000 after strike reports surfaced.
Soon after, Bitcoin rebounded and reached $67,000 following the death of Ayatollah Ali Khamenei. Market participants linked the rebound to shifting risk sentiment. Hayes maintained that the data reflected relative strength against traditional assets.
The London Crypto Club echoed Hayes’ assessment in public comments. The group said it observed similar price behavior during the Israel-Palestine escalation. It stated that BTC reacts to extreme outcomes on both ends of the risk spectrum.
The group added that Bitcoin trades alongside equities during stable periods. However, it said the asset can diverge during tail-risk events. This pattern appeared again during the current conflict.
As of publication, Bitcoin trades near $70,000, according to CoinGecko data. The 24-hour range stands between $69,000 and $71,000, reflecting a daily gain under 2%. Over seven days, BTC shows a 3.5% decline.
The 30-day performance shows a 2% increase at current levels. These figures place Bitcoin ahead of gold and the Nasdaq 100 since February 28. Hayes based his comparison strictly on normalized returns.
Gold and Nasdaq 100 Trail as Supply Metrics Shift Gold recorded a 2% decline during the same timeframe. The Nasdaq 100 posted a 0.5% drop, based on Hayes’ shared data. Both assets underperformed Bitcoin on the normalized chart.
Meanwhile, on-chain analysts at Arab Chain reported changes in exchange supply. They said the Binance BTC Scarcity Index reached 5.10, its highest level since October 2025. The index measures how much Bitcoin remains immediately available for sale.
Arab Chain stated that thinner exchange supply often aligns with bullish price phases. It explained that holders tend to move BTC into cold storage during such periods. The group linked the current reading to reduced sell-side liquidity.
Despite the outperformance, Hayes said he is not buying Bitcoin at current levels. In a recent interview, he warned that a prolonged conflict could trigger a wider equity sell-off. He said such a scenario could push Bitcoin toward $60,000.
Bloomberg Intelligence strategist Mike McGlone outlined a different outlook. He said oil could approach $120, Bitcoin could reach $90,000, copper could hit $6 per pound, and silver could near $100 per ounce. He framed these levels as a collective peak scenario for early 2026.
2026-03-12 19:391mo ago
2026-03-12 14:591mo ago
Massive Whale Moves: $155M in Ethereum Vanishes From Exchanges
Two whale wallets withdrew about $155 million in ETH from Binance and Kraken within 48 hours, sharply reducing supply available on exchanges. Spot Ethereum ETFs posted net inflows of $38.69 million on March 2 and $12.6 million on March 10, pointing to returning institutional demand. BitMine bought 60,976 ETH in its biggest weekly purchase of 2026, lifting holdings to 4.535 million tokens, or about 3.76% of supply. Ethereum is drawing fresh attention from large holders, and the latest exchange withdrawals have sharpened the market’s focus on supply. Over a two-day stretch, two wallets removed about $155 million in ETH from major exchanges, a move that immediately revived discussion about accumulation. One newly created address withdrew 11,629 ETH worth $23.71 million from Binance, while whale wallet 0x8E34 pulled 63,324 ETH valued at $131.2 million from Kraken. With ETH trading around $2,056 and the Fear and Greed Index inching from 25 to 27, the market is recovering, but on-chain activity looks more revealing today.
Whales are buying $ETH!
Someone created a new wallet (0xfDe8) and has withdrawn 11,629 $ETH($23.71M) from #Binance in the past 2 days.
Earlier, we also reported that whale 0x8E34 withdrew 63,324 $ETH($131.2M) from #Kraken in the past 2 days.https://t.co/c0fmBE42N6… pic.twitter.com/ro8ikqlk4l
— Lookonchain (@lookonchain) March 12, 2026
Exchange outflows are starting to matter more than the headline price Beneath those transfers sits a pattern that often matters more than the headline price move itself. When Ethereum leaves exchanges at this scale, the liquid supply available for trading becomes smaller, easing sell-side pressure that can weigh on price in practice. The newly created wallet also stands out. Large holders frequently use fresh addresses when moving assets into cold storage, although similar patterns can also appear in large over-the-counter settlements. Either way, the signal is the same: substantial amounts of ETH are being moved away from venues built for instant selling and toward longer-horizon positioning.
The whale moves are not happening in isolation, because institutional capital is also starting to lean back toward Ethereum. Spot Ethereum ETFs recorded a net inflow of $38.69 million on March 2, led by BlackRock’s ETHA with $26.5 million. Another $12.6 million in inflows followed on March 10, driven primarily by Fidelity’s FETH. These are not blockbuster numbers in isolation, but they matter because they are appearing while retail sentiment remains cautious. In a market still shaped by fear, after weeks of hesitation, even modest but repeated institutional buying can begin to shift the tone.
That backdrop becomes more striking when a major corporate treasury is openly trying to accumulate a meaningful share of all ETH. BitMine Immersion Technologies just logged its largest weekly Ethereum purchase of 2026, acquiring 60,976 ETH and lifting total holdings to 4.535 million tokens, or about 3.76% of Ethereum’s entire supply. The company still holds $1.2 billion in cash, has more than 3 million ETH staked at roughly $6 billion in value, and says its ambition is to reach 5% of all ETH. Together, the whale withdrawals and treasury buildup are reshaping Ethereum’s 2026 story.
2026-03-12 19:391mo ago
2026-03-12 14:591mo ago
Senior Analyst Van Straten Unpacks Michael Saylor's Strategic, Long-Term Bitcoin Play
Strategy secures liquidity to cover dividends for two years while awaiting a massive rally in Bitcoin’s price. The company recently acquired an additional 17,994 BTC, bringing its total holdings to 738,731 coins. Analysts confirm that market confidence remains steady despite volatility and the decline in stock value. Senior analyst James Van Straten has revealed detailed insights into Michael Saylor’s Bitcoin strategy. According to the analysis, the entrepreneur prioritizes financial resilience over short-term fluctuations. He highlighted that the company’s plan consists of maintaining operational solvency until the cryptocurrency manages to break the historic $150,000 milestone.
This strategy is built upon a robust capital structure that enables Strategy to meet its immediate financial commitments. Van Straten emphasizes that the firm raises approximately $500 million weekly, funds that shield dividend payments and ensure the stability of its debt obligations.
Furthermore, investor confidence in the firm’s debt instruments remains high. Despite the stock experiencing significant pullbacks, its convertible notes are trading above face value, which validates the execution of Saylor’s business model.
Financial Solidity Amid Crypto Market Volatility Recently, the company bolstered its bet by acquiring an additional 17,994 BTC at an average price of $70,946 per unit. This multimillion-dollar operation was financed through a strategic combination of common and preferred stock offerings, demonstrating an unparalleled capital-raising capacity.
In a recent interview with CNBC, Michael Saylor reiterated that there are no plans to sell in the foreseeable future. The executive emphasized that the firm will continue its quarterly accumulation policy, confident that the asset will significantly outperform the S&P 500 index.
Saylor knows that in two years Bitcoin will most likely be north of $150k, and these price levels will become unlikely to revisit again.
Then the game is over.
All Strategy has to do is stay solvent, and they already have 24 months of dividend coverage and have proven to the…
— James Van Straten (@btcjvs) March 11, 2026 In summary, even in extreme risk scenarios, Saylor ensures that Strategy has the capacity to refinance its debt should the market drop drastically. Currently, with Bitcoin trading near $69,744, the company stands firm on its path toward the six-figure-per-unit goal.
2026-03-12 19:391mo ago
2026-03-12 15:001mo ago
Bitcoin Following The 2022 Cycle? What To Expect If It Plays Out The Same Way
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
The current structure of Bitcoin may be unfolding in a way that closely resembles the transition that led into the 2022 bear market. A chart shared by an analyst on X highlights several technical signals that appeared during the 2021–2022 shift and are now emerging again in 2026. According to the comparison, the market could still face another downward phase before a definitive bottom forms.
Bitcoin Losing The 50-Week SMA Signals Structural Shift During the previous cycle, Bitcoin peaked in 2021 before eventually falling below the 50-week simple moving average (SMA). That breakdown marked a turning point in the broader market structure. After losing the level, price entered a short consolidation phase where a relief rally briefly developed, but the recovery failed to reclaim the lost structure. The weakness ultimately extended into the prolonged decline that defined the 2022 bear market.
A similar sequence is now visible following the projected 2026 cycle top. According to @_cryptflow_ on X, Bitcoin recently moved beneath the 50-week SMA after peaking earlier in the cycle. This indicator has historically served as a major dividing line between sustained bullish momentum and broader downtrends, meaning its loss often signals a shift in the market’s underlying strength.
Source: X The chart also outlines a comparable reaction after the breakdown. In both cycles, price stabilized temporarily after slipping below the moving average and attempted a recovery. However, those rebounds failed to reclaim the lost level, leaving the broader downward structure intact.
This stage is illustrated in the chart with a consolidation box forming after the break below the 50-week SMA. The zone represents a relief rally phase where the price attempts to recover but struggles to regain momentum. In the previous cycle, that temporary stabilization was followed by another significant decline, suggesting the current structure could still evolve in a similar direction.
Relative Strength Index (RSI) Signals Bear Market Shift Beyond price structure, the chart also highlights the behavior of the RSI. During the previous market transition, the RSI dropping below the 45 level marked the beginning of a sustained bearish phase, separating bullish momentum from a period of prolonged weakness.
The same pattern is emerging again, with the chart showing RSI recently falling below the 45 level, echoing the momentum breakdown that preceded the extended 2022 decline. This shift suggests that underlying market strength may already be weakening as conditions move away from the bullish environment that characterized the earlier stage of the cycle.
The RSI chart also features a descending trendline that has repeatedly capped momentum since the cycle peak. Several breakout attempts occurred during the last bull phase, but each ultimately failed before momentum reversed. Similar failed breakout attempts are now visible in the current cycle.
If the broader structure continues to mirror the earlier template, the chart suggests Bitcoin could still experience another downward leg before a clear bottom forms. While cycles rarely repeat identically, the comparison highlights how similar momentum shifts and structural breaks have historically preceded deeper market corrections.
Bitcoin pushes above $70,000 | Source: BTCUSD on Tradingview.com Featured image created with Dall.E, chart from Tradingview.com
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I'm Sandra White, a writer at Bitcoinist, and I provide the latest updates on the world of cryptocurrencies. I believe crypto a gateway to a new order and I have made it my life's mission to help educate as much people as possible. When I'm not at work, I love listening to music, learning new things, and dream of traveling around the world.
2026-03-12 19:391mo ago
2026-03-12 15:001mo ago
Across Protocol surges 96% – How long can ACX maintain this trend?
Across Protocol [ACX] has surged nearly 96% within 24 hours as trading volume skyrocketed over 8,200%, igniting intense market activity across spot markets.
The sudden expansion reflects aggressive capital entering the market after weeks of subdued trading activity.
Market capitalization has climbed toward $45.17M as liquidity floods into the token. This surge has occurred while speculative activity rapidly expands across derivatives markets.
Such conditions usually accompany sharp volatility expansions. However, price behavior now approaches key structural levels that could determine whether the rally stabilizes or rapidly cools.
The latest surge has therefore placed ACX under scrutiny, as traders evaluate whether this breakout phase can sustain its current trajectory.
Can ACX escape months of consolidation? ACX has rebounded sharply from a prolonged consolidation structure that has defined price action for several months.
The daily chart shows price compressing inside a broad horizontal range between $0.0325 and $0.0900. Buyers have recently pushed the token away from the lower boundary near $0.0325, triggering a powerful recovery wave.
This move has lifted the price toward the mid-range region around $0.059, which now acts as an important reaction zone. However, the broader structure still contains two major overhead barriers.
The first resistance sits near $0.090, while the upper range ceiling appears around $0.1215. These zones previously triggered multiple rejections.
As a result, ACX now tests the internal range structure where strong supply historically emerges.
Technical indicators currently highlight unusually strong buying pressure following the rapid price expansion. The RSI has surged to 81, pushing firmly into overbought territory on the daily timeframe.
Such readings usually emerge during explosive rallies after extended compression phases. The indicator had previously fluctuated around the neutral 40–50 region during the multi-month consolidation period.
However, the sudden spike signals that buyers have aggressively entered the market within a very short time window.
Source: TradingView Derivatives traders flood ACX leveraged markets Derivatives markets have experienced an extraordinary expansion in participation during the rally. Open Interest has surged 1,294.07%, reaching $27.21M, indicating that leveraged traders have rapidly entered the market.
Such an aggressive rise in Open Interest signals that fresh capital continues flowing into speculative positions.
Importantly, the increase has occurred while price accelerates upward, which typically reflects growing conviction among derivatives participants.
Traders frequently deploy leverage during sharp rallies as they attempt to capture rapid price movements.
However, expanding Open Interest also introduces higher volatility risk because large leveraged positions amplify liquidation dynamics.
Rapid shifts in sentiment can therefore trigger sharp swings in either direction.
Source: CoinGlass Liquidation clusters hint at volatility traps The liquidation heatmap reveals concentrated leverage clusters forming across several nearby price levels.
The chart highlights dense liquidation bands around $0.066–$0.068, where cumulative leverage approaches 231.75K in potential forced liquidations.
These zones represent areas where heavily leveraged traders could face forced exits if price moves through those levels.
Markets frequently gravitate toward such liquidity concentrations during volatile phases. Price spikes often trigger cascading liquidations as positions unwind rapidly.
This dynamic can amplify short-term price movements during both rallies and corrections. The heatmap therefore highlights how liquidity distribution may influence near-term trading behavior.
If price pushes toward these clusters, liquidation cascades could intensify volatility across ACX markets as leveraged traders scramble to adjust their positions.
Source: CoinGlass To sum up, ACX now trades inside a critical phase where explosive growth in volume and derivatives activity drives elevated volatility.
Price has rebounded strongly from its lower range boundary. However, resistance levels near $0.090 and $0.1215 still dominate the broader structure.
ACX may sustain upward pressure if buyers maintain control near current levels. However, aggressive speculation also increases the likelihood of sharp volatility swings during the next phase.
Final Summary ACX now attracts aggressive speculation as volatility expands rapidly across derivatives and spot markets simultaneously. If buying pressure stabilizes near current levels, ACX could continue exploring higher liquidity zones above.
2026-03-12 19:391mo ago
2026-03-12 15:011mo ago
Volatility Hits Bitcoin at $70K, but Historical Election Data Points to Double-Digit Gains
Bitcoin saw heightened volatility on Thursday, as investors reacted to a U.S. Consumer Price Index (CPI) report showing a 2.4% inflation rate for February. The leading cryptocurrency initially retreated from $70,800 to an intraday floor of $69,264; however, it successfully recouped those losses in a midday rally.
2026-03-12 19:391mo ago
2026-03-12 15:011mo ago
Bitcoin funding rate flips negative: Are bears getting too confident?
Bitcoin (BTC) failed to break beyond $71,000 on Thursday, partially driven by the decline in the US stock market, with BTC funding rates dropping deeper into negative territory.
Key takeaways:
Bitcoin bears show high conviction as funding rates drop, but steady institutional buying keeps sellers in check.
Gold and government bond yields are rising, making it harder for Bitcoin to compete as a top-tier store of value.
Bitcoin futures imply moderate market stressTraders fear that a prolonged war in Iran could cause havoc in the energy markets, negatively impacting the already weakened global economic prospects.
Bitcoin’s perpetual futures displayed signs of moderate stress, signaling a potential $66,000 retest. However, institutional inflows show increased demand, reducing the odds of a major Bitcoin price correction.
Bitcoin perpetual futures annualized funding rate. Source: Laevitas.chThe Bitcoin perpetual futures annualized funding rate dropped to -7% on Thursday, meaning shorts (sellers) were the ones paying to keep their positions open.
The growing conviction from bears is concerning, but the lack of demand from longs (buyers) should come as no surprise, given that Bitcoin is 45% below its all-time high.
Bitcoin’s derivatives remain mutedThe tech-heavy Nasdaq 100 index traded merely 6% below its all-time high on Thursday. Even the US-listed small capitalization Russell 2000 Index stood 9% from its highest mark ever.
Hence, the worsening economic conditions or fear of contagion due to logistics issues in the Middle East can hardly be used to justify Bitcoin’s sluggishness.
The latest US jobless data released on Thursday revealed 1.85 million continuing claims in the week ended on Feb. 28, slightly above consensus, according to Yahoo Finance.
US President Donald Trump vowed to “finish the job” in Iran, a war that further weakens the government’s fiscal debt conditions and does not help labor market prospects.
Bitcoin 2-month futures annualized premium (basis rate). Source: Laevitas.chThe Bitcoin monthly futures premium relative to regular spot markets has stood below the neutral 5% threshold for the past couple of weeks. But despite being far from bullish, there is no evidence that Bitcoin derivatives presently signal continued stress.
This lack of interest is a reflection of Bitcoin’s failure to rally despite the anticipation of monetary expansion.
Rising institutional demand may push BTC above $75,000Gold strength above $5,100 undermines Bitcoin's store of value premise, especially as yields on US bonds rose sharply in March, meaning traders are demanding higher returns to hold those instruments.
US 5-year Treasury yield (left) vs. gold/USD (right). Source: TradingViewYields on the 5-year US Treasuries jumped to 3.80% on Thursday after dipping below 3.50% in late February. Hence, investors exited fixed-income investments.
The US Federal Reserve is in a tough spot since lowering interest rates is needed to boost the job market and reduce risks in credit markets. But rising oil prices create sustained upward pressure on inflation.
Presently, Bitcoin’s hard-coded and transparent monetary policy is not being valued as a safe haven, but this could change as institutional demand picks up.
Additionally, a single Bitcoin derivatives metric (funding rates) should not be interpreted as a driver for a sharp price correction.
Particularly, amid a sequence of Bitcoin spot exchange-traded fund (ETF) net inflows and Strategy (MSTR US) yield products, resulting in accelerated Bitcoin accumulation. Sellers below $75,000 will eventually run out of coins, paving the way for a sustained bull run.
As Cointelegraph reported, Bitcoin bulls will likely need to wait until after March for a chance to break the $78,000 resistance
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
Pump.fun surpassed $1 billion in revenue, a first for any Solana protocol. The platform aggressively repurchased $323 million worth of its PUMP token. Despite buybacks, the token trades below its initial offering price. The memecoin launchpad Pump.fun crossed a threshold no other protocol on the Solana network had reached before: $1 billion in cumulative revenue since its debut in early 2024. DefiLlama data breaks down the trajectory with precision: $321.3 million in its first year of operation, $664 million throughout 2025, and $98.3 million so far in 2026, bringing the running total to approximately $1.08 billion.
The figure places Pump.fun ahead of far more established names within the network, including Jupiter — which has recorded $401.3 million since inception — and Raydium, sitting at $126.9 million in historical earnings.
The revenue growth runs alongside a PUMP token buyback program operating at a scale rarely seen across the sector. Since the program launched, the platform purchased roughly $323.4 million worth of PUMP tokens, pulling 28.8% of the circulating supply off the open market. On March 11, Pump.fun executed a single buyback worth approximately $1.25 million, representing 99.93% of the prior day’s revenue, according to the platform’s official fee dashboard.
Despite the scale of the repurchase program, PUMP trades below its initial offering price of $0.004 and sits well off its all-time high of $0.0088. The protocol’s buying pressure has not managed to sustain prices at levels that reward investors who entered from the start.
Domain Records Point to Expansion Across Four Additional Networks While the revenue numbers command attention, the platform’s technical moves signal a shift of broader scope. Public domain records show Pump.fun subdomains referencing Ethereum, Base, BSC, and Monad, according to data flagged by Solana Floor. Around the same time, the platform removed Solana as its listed location on its X profile — a gesture markets read as an opening toward other networks.
Over recent months, Pump.fun added support for tokens created on rival Solana-based launchpads, including Raydium and Meteora, directly inside its mobile application. The platform also acquired Vyper, a cross-chain trading terminal built to operate across multiple protocols simultaneously.
Pump.fun’s profile in 2026 no longer fits the label of a single-network memecoin launcher. With over a billion dollars in cumulative revenue, an aggressive buyback program, and concrete signals of expansion toward Ethereum and other chains, the platform builds an operational foundation that stretches well beyond the niche that first put it on the map.
2026-03-12 19:391mo ago
2026-03-12 15:021mo ago
BlackRock Rolls Out Staked Ether ETF, Blasting Yield Back In Focus
History has been made: first-ever Ether ETF with staking capabilities is going live today on NASDAQ.
Market Sentiment:
Bullish Bearish Neutral
Published: March 12, 2026 │ 6:56 PM GMT
Created by Kornelija Poderskytė from DailyCoin
The financial behemoth BlackRock has launched their first staked Ethereum exchange-traded fund, adding a yield component to a structure that has so far largely mirrored spot crypto exposure.
The product, now listed on NASDAQ, is the iShares Staked Ethereum Trust ETF (ticker: ETHB), according to the stock exchange listing docs.
Sponsored
It offers exposure to ether while staking a portion of the fund’s holdings to generate staking rewards, a feature institutions have been asking for as crypto allocations move from “price beta” toward cash-flow-like returns.
Here’s What BlackRock’s ETF Is Actually OfferingThe key change is that investors may gain access to Ethereum staking economics through an ETF wrapper, without having to run validator infrastructure or delegate directly.
The fund is designed to hold ETH and stake part of it, with rewards expected to accrue to the vehicle—though the exact mechanics and how much Ether (ETH) is staked can matter more than the headline.
🚨 NEW ETF LAUNCH
BlackRock's NEW iShares Staked Ethereum Trust ETF $ETHB
More information:
– The fund holds ether and stakes a portion to generate additional rewards.
– Coinbase serves as the primary Ether custodian.
– Expense ratio: 0.25%, with a fee waiver to 0.12% for the… pic.twitter.com/dsy6qVtCGq
— ETF Tracker (@TheETFTracker) March 12, 2026 One market note: Ethereum was trading around the $2,000 level as the product launched, after several days of gains, with at least one report flagging that ETH was hovering near an important support zone around $2,000. That context helps explain why “yield plus exposure” is landing now: investors are looking for reasons to hold through choppy price action.
On The Flipside If BlackRock’s new ETF attracts sustained inflows, it could tighten available spot supply at the margin. If this uptake is tepid, it’s a reminder that trad-finance wrappers don’t guarantee demand. Either way, staking economics are moving closer to the center of institutional crypto allocation. Why This MattersA staked ETH ETF pushes the conversation toward the spread between staking yields and traditional rates, and toward which venues can package crypto rewards in a regulated format.
It also raises practical questions that will influence flows: liquidity management when assets are staked, how quickly the fund can meet redemptions, and what portion of rewards are retained as fees.
The launch also turns up competitive pressure. If staking becomes a standard feature investors expect in ETH products, rivals may be forced to follow—especially as more allocators frame ETH as a productive asset rather than just a trade.
Discover DailyCoin’s sizzling hot crypto news:
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DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?
Market Sentiment
100% Bullish
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.
2026-03-12 19:391mo ago
2026-03-12 15:111mo ago
Bitcoin At $70,000, Ethereum, XRP, Dogecoin Trade Sideways In Slow Market
Startup VeryAI has raised $10 million in a seed funding round led by Polychain Capital to launch a palm-scan identity verification system designed to distinguish real users from AI-generated accounts.
The platform records identity attestations on Solana and aims to help crypto exchanges, fintech companies and online platforms address growing risks from bots, deepfakes and synthetic identities. The company said zero-knowledge proofs allow users to verify their status across platforms without revealing personal information.
The system captures palm images using a smartphone camera and converts them into encrypted biometric signatures used to confirm that a user is human without storing identifiable data.
According to the company, palm biometrics are highly distinctive and less publicly exposed than facial features commonly used in identity checks. The scans are converted into irreversible feature representations rather than stored images, preventing the original biometric data from being reconstructed.
“We’re entering a period where the internet can no longer assume that every account, message, or video is created by a real person,” Zach Meltzer, founder and CEO of VeryAI, told Cointelegraph. “AI is powerful, but it also breaks many of the trust assumptions that the internet was built on.”
He said crypto platforms are vulnerable to these risks, citing examples such as sybil attacks during onboarding, fake accounts farming token incentives and impersonation scams targeting users and project communities.
The goal isn’t just to prove that a human exists somewhere — it’s to help platforms verify that a real person is present and acting authentically.The company is already working with organizations including MEXC, Colosseum, Clique and Talus, with other centralized exchanges and wallets preparing to integrate the palm verification system, Meltzer said.
Investors in the round included the Berggruen Institute and Anagram. Anatoly Yakovenko, co-founder of the Solana blockchain, also joined as an angel investor.
AI-generated identities push demand for proof-of-human systemsAs artificial intelligence continues to blur the line between human and automated activity on the internet, some developers say blockchain-based identity systems could help restore trust in digital interactions.
Chris Dixon, a general partner at Andreessen Horowitz and founder of the venture capital firm’s a16z crypto investment arm, last year warned that an “ocean of AI-powered deepfakes and bots” could erode trust across the internet and suggested blockchain systems could help address the problem through cryptographic verification of identity and digital content.
One company trying to address the problem is World, co-founded by Sam Altman, which uses biometric iris scans to generate a digital identity that allows users to prove they are human without revealing personal data. The system records proof of a user’s uniqueness on a blockchain network while the Orb device scans a person’s face and iris to verify identity, though the biometric approach has drawn criticism from privacy advocates.
Source: Edward SnowdenAs AI advances, interest in these systems appears to be growing. In January, the token linked to World (WLD) jumped about 40% after reports that OpenAI was exploring a bot-free social media platform that would require users to verify they are human before participating.
Some developers argue that identity verification must balance authentication with privacy protections. Ethereum co-founder Vitalik Buterin has advocated for models that allow users to prove specific attributes, such as uniqueness or eligibility, without revealing their full identity using technologies like zero-knowledge proofs.
Magazine: Fly’s mind ‘uploaded,’ human brain cell wetware plays Doom: AI Eye
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
2026-03-12 19:391mo ago
2026-03-12 15:161mo ago
How Does Bitcoin Perform During Wars? The Answer May Surprise You
Looking at its returns during past global conflicts, Bitcoin (CRYPTO: BTC) crashes when wars start but recovers within 50-60 days. Data across 20 geopolitical events showing average gains of 31.2% as governments increase money supply to fund conflicts.
2026-03-12 19:391mo ago
2026-03-12 15:211mo ago
Analyst Links BlackRock's Tokenization Bid To XRP's “Internet of Value”
BlackRock’s ambition to tokenize real‑world assets is reviving debate around XRP’s original “Internet of Value” vision.
Market Sentiment:
Bullish Bearish Neutral
Published: March 12, 2026 │ 7:13 PM GMT
Created by Kornelija Poderskytė from DailyCoin
Levi Rietveld, a prominent crypto industry analyst, is drawing a direct line between BlackRock’s plans to tokenize real‑world assets and the long‑stated mission of XRP and the XRP Ledger (XRPL), arguing that the asset manager’s next phase of growth could heavily intersect with Ripple’s technology stack.
The YouTube video centers on BlackRock’s roughly $14 trillion in assets under management and its public ambition to tokenize “all real world assets around the globe” a market the host suggests could reach “hundreds of trillions of dollars” by the end of the decade.
Sponsored
Levi claims XRP and the XRPL are “very uniquely positioned” to capture a “vast majority” of that flow, while conceding tokenization will take place across multiple blockchains.
BlackRock’s Tokenization, XRP’s Off-Ledger RealityThe host goes on to frame BlackRock’s strategy as a pivot from fighting crypto to embracing it: “If you can’t beat them, join them.” They assert that BlackRock’s tokenization initiatives will span several chains but insist “XRP is going to be a massive part of that,” particularly for cross‑border payments, B2B transfers, and global payouts.
🚨 IRAN WAR SPARKS FINANCIAL RESET: BlackRock Bets on Ripple's XRP Ledger for Trillion-Dollar Tokenization Era!
As Ripple CTO David Schwartz confirms, the firm can sell escrowed XRP rights to institutions, bolstering liquidity amid chaos.
Ex-banker Lord Belgrave reveals banks… pic.twitter.com/3gPz1Ec0vi
— Pumpius (@pumpius) March 2, 2026 A key segment features BlackRock CEO Larry Fink describing the globe’s $14 trillion tokenization process, while Ripple’s CTO David ‘JoelKatz’ Schwartz explains how most XRP activity occurs off-chain — on exchanges, in ETFs, and via trading — rather than directly on the XRP Ledger.
Schwartz stresses that this off-ledger liquidity still represents “real value to real people” even if it’s less exciting technically, and argues the real breakthrough will come from moving more of that activity on-chain, where XRPL’s built‑in decentralized exchange and financial primitives can have greater impact.
Ripple’s Chief Technology Officer (CTO) also pushes back on misconceptions that XRPL lacks features like a DEX or NFTs, calling it an “in between” infrastructure with some of Bitcoin’s advantages “without some of the disadvantages of Eth,” and positioning institutional adoption as a necessary precursor to mass retail use.
Institutions Accumulate as Ripple Expands LicensesThe analyst cites Goldman Sachs as “the largest holder of XRP ETFs, with a hundred and fifty three million in holdings,” using that figure to argue that “the largest banks in the world are betting big on XRP.” Levi Rietveld suggests this quiet accumulation hints at developments “boiling beneath the scene” that have not yet been fully disclosed.
On the corporate side, Levi highlights Ripple’s agreement to acquire BC Payments Australia to secure an Australian Financial Services License, portraying it as part of a broader push to legally facilitate cross‑border payments across Australia, Canada, much of Europe, and parts of Asia.
The narrative casts Ripple as an emerging “financial behemoth” that, unlike legacy banks, is built around technology designed for tokenization and instant settlement.
Looking ahead, Levi Rietveld points to comments from BlackRock CEO Larry Fink about being at the “beginning of tokenizing assets” and speculates that by 2028 multiple trillions of dollars could be on-chain, with XRPL capturing a large slice.
For crypto aficionados, the significance lies less in any single price target and more in the convergence: the largest asset managers planning tokenization at scale, banks accumulating XRP exposure via ETFs, and Ripple methodically securing regulatory footholds in key payments corridors.
Discover DailyCoin’s popular crypto news today:
Bear Market Keeps Pegging XRP’s Price: $2.80 Fantasy On Hold?
Tether $1B USDT Floods Tron, USDC Volume Skyrockets
People Also Ask:Is it confirmed that BlackRock will use XRP for tokenization?
Not really. The video’s claim that XRP will be a “massive part” of BlackRock’s plans is the analyst’s interpretation, not a formally announced BlackRock decision.
What role does the XRP Ledger play beyond XRP payments?
According to David Schwartz, XRPL includes a native DEX, NFT support, and curated financial primitives aimed at solving real financial problems on-chain.
Why does the analyst focus on institutional adoption first?
They echo Schwartz’s view that institutional usage and infrastructure build‑out are needed to pave the way for eventual mass retail adoption, similar to the early internet.
Are Ripple-based Spot market ETFs already live?
The host speaks about XRP ETFs and institutional holdings; specific product structures and jurisdictions are not detailed in the transcript and should be independently verified.
DailyCoin's Vibe Check: Which way are you leaning towards after reading this article?
Market Sentiment
100% Bullish
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.
2026-03-12 19:391mo ago
2026-03-12 15:241mo ago
Bitcoin Miners ‘Sitting on a Gold Mine' as AI Boom Drives New Demand: VanEck
Bitcoin mining companies may be entering a new growth phase as artificial intelligence demand rises worldwide. VanEck researchers say miners already operate energy-intensive facilities that can be redirected toward AI computing, allowing them to monetize existing infrastructure. The firm also notes that many mining companies trade at lower valuations than traditional data-center operators despite owning comparable power capacity, suggesting the sector’s infrastructure could be undervalued by public markets.
Bitcoin mining companies could gain a new role in the fast-growing artificial intelligence industry, according to research from VanEck. The firm’s head of digital asset research, Matthew Sigel, said miners already control large electricity supplies and specialized facilities that can be repurposed for AI computing workloads.
Speaking on Squawk Box on CNBC, Sigel explained that several mining companies have begun redirecting part of their infrastructure toward high-performance computing used for artificial intelligence. Both sectors rely on high electricity consumption, cooling systems, and large-scale data facilities, which makes the transition technically viable for many operators.
The overlap between mining and AI infrastructure is beginning to reshape how analysts evaluate the Bitcoin mining sector.
Bitcoin Miners Expand Into AI Infrastructure Sigel noted that multiple mining companies are allocating resources to AI-related computing services. Many of these firms already operate large power contracts and purpose-built facilities, allowing them to host AI workloads without building entirely new infrastructure.
For example, MARA Holdings recently outlined plans to convert some mining locations into hyperscale data-center campuses capable of supporting AI computing clusters. Meanwhile, Core Scientific secured financing that could reach $1 billion to accelerate its expansion into artificial intelligence infrastructure.
Demand for AI data centers has grown rapidly as technology companies compete to train advanced machine learning models. In this environment, facilities with reliable power supply and cooling capacity have become strategic assets.
Sigel added that publicly traded mining firms still trade at lower valuations than traditional data-center operators when measured by market capitalization relative to megawatt capacity.
Energy Flexibility Strengthens Bitcoin Mining Economics Beyond artificial intelligence demand, Bitcoin miners also offer operational flexibility to electricity grids. Unlike traditional industrial facilities, mining operations can reduce or restart power consumption within minutes.
This capability has already been demonstrated in regions such as Texas, where several mining companies participate in grid response programs managed by the Electric Reliability Council of Texas. During periods of high demand, miners temporarily reduce electricity use to help stabilize the grid.
Sigel said this flexibility could become increasingly valuable as electricity demand rises from AI computing, industrial reshoring, and digital infrastructure expansion.
He also noted that Bitcoin has traded within a broad range between $59,000 and $72,000 in recent weeks. At the same time, selling pressure from long-term holders has slowed, which has helped stabilize market activity.
2026-03-12 19:391mo ago
2026-03-12 15:251mo ago
BlackRock launches iShares Staked Ethereum Trust (ETHB), its first ETF that includes staking rewards
BlackRock launches a new Ethereum exchange-traded fund (ETF) that incorporates staking. It marks the firm’s first crypto ETF that is designed to generate yield from blockchain validation rewards. The new product,iShares Staked Ethereum Trust, will reportedly charge the same base fee as BlackRock’s existing Ethereum ETF at 0.25%.
This move comes as the largest altcoin is facing heavy selling pressure, but its linked US ETFs have posted gains. Ethereum price has dipped marginally over the last 7 days, while Ether ETFs have managed to bag more than $57 million of inflow this week to date. However, ETH ETFs reported an inflow of $12.5 million last week.
BlackRock cuts ETHB fees to 0.12% BlackRock’s fund will reportedly include a temporary fee waiver, lowering costs to 0.12% for the first year or until the fund reaches $2.5 billion in assets. James Seyffart noted that Coinbase will serve as both the custodian and staking provider for the fund. However, the ETF will rely on a small group of approved validators. This includes Figment, Galaxy Digital, and Attestant.
Attestant was recently acquired by Bitwise Asset Management. It is being rebranded as Bitwise Onchain Solutions, he added. Seyffart mentioned that the fund will hold spot Ethereum and stake a portion of those holdings on the network. Staking rewards earned by the ETF will then be sold and distributed to investors as dividends. He expected that it would be paid monthly.
NEW: BlackRock is launching their Ethereum Staking ETF today — $ETHB. It will have the same fee as $ETHA at 0.25% bps but has a fee waiver down to 0.12% for the first year or first $2.5 billion in assets. pic.twitter.com/aR3FVRChPz
— James Seyffart (@JSeyff) March 12, 2026
ETHB begins trading on Nasdaq and becomes BlackRock’s third crypto ETF. The firm is already operating the iShares Bitcoin Trust and the iShares Ethereum Trust. IBIT currently manages more than $55 billion in assets. Its cumulative net inflow hovers around $62.88 billion. BlackRock’s ETHA has grown to roughly $6.5 billion, and it holds a cumulative net inflow of $11.93 billion.
Jay Jacobs, BlackRock’s U.S. head of equity ETFs, reportedly stated that some investors want exposure to Ether’s price while also capturing staking rewards that are typically available only when holding tokens directly. He added that the absence of staking in the first wave of Ethereum ETFs may have discouraged some investors from moving assets into ETFs.
Ethereum operates on a proof-of-stake system. This allows token holders to lock coins to validate transactions and secure the network. Those participants receive rewards in return, which is a feature that many investors view as similar to yield. However, there are several other advantages to it. This includes institutional custody and access through brokerage accounts. It also has the ability to integrate the asset into traditional portfolios alongside stocks and bonds.
ETH ETF investors are sitting on heavy losses
Robert Mitchnick, the firm’s global head of digital assets, highlighted that combining spot Ether exposure with staking rewards creates another way for investors to participate in the Ethereum ecosystem. He added that as the world’s second-largest digital asset, ETH plays a central role in the long-term growth of blockchain adoption
Earlier, Bloomberg’s Seyffart, in a post, mentioned that the average cost basis for ETH ETF holders sits near $3,500, while Ether has recently traded closer to $2,000. The launch comes as existing Ethereum ETF investors face high unrealized losses. This leaves the holders with around 43% unrealized loss on average. The drawdown is reflecting a similar decline in April 2025 when ETH fell more than 60% before recovering.
He added that despite the downturn, most investors have held their positions. Net inflows into Ethereum ETFs have declined from about $15 billion to just under $12 billion. This is a much worse selloff than the Bitcoin ETFs on a relative basis, but still fairly decent diamond hands in the grand scheme.
Ether’s price has dropped by more than 33% in the last 90 days. It has dipped by around 30% since the beginning of this year. After witnessing a minor recovery, ETH is trading at an average price of $2,071 at the press time.
2026-03-12 19:391mo ago
2026-03-12 15:271mo ago
Optimism Layoffs: OP Labs CEO Jing Wang Addresses Base L2 Exit Rumors
OP Labs cuts 20% of staff, citing fewer initiatives, not financial distress. The layoffs follow Base’s exit, which cost the Superchain most revenue. Affected employees receive three months pay, healthcare, and their laptop. Jing Wang, CEO of OP Labs, confirmed on March 12, 2026 that the company is letting go of 20% of its team. Wang published an internal memo clarifying that the decision carries no financial distress behind it — the company holds years of operating reserves — but instead reflects a deliberate reduction in the number of initiatives the team pursues simultaneously. Fewer projects, stronger execution on each one, and less coordination overhead across teams: that is the core argument behind the cuts.
A new, unified stack for Base Chain
Excited to share that we are evolving our technical roadmap, consisting of our own spec, code, and infra to accelerate the foundation of Base. This shift gives us the autonomy to ship protocol improvements more frequently and focus our…
— wilson.base.eth (@WilsonCusack) February 18, 2026
The announcement arrives barely three weeks after Base, Coinbase’s layer-2 network, departed the Optimism Superchain. Base’s exit triggered a 23% drop in the OP token price and left a financial wound difficult to minimize: Base generated between 70% and 96.5% of the sequencer fees and revenue flowing into the Optimism Collective. At the time, Wang openly acknowledged that Base’s departure dealt a meaningful blow to near-term on-chain revenues.
Today we shared difficult news with the OP Labs team.
Our priority was to communicate with the impacted people & give the team time to process the news before sharing publicly. This decision reflects a narrowing of our focus, not our runway.
I’m sharing the note I sent to the… pic.twitter.com/rJThhlcFaw
— Optimist Prime (@jinglejamOP) March 12, 2026
Affected employees will receive a minimum of three months of base pay, with additional tenure-based compensation of up to five months. Every departing team member retains six months of healthcare coverage and keeps their laptop. Wang also committed to personally connecting departing staff with prospective employers, inviting hiring teams to reach out directly with open roles.
A Reduction Without Redistribution: Some Initiatives Simply Stop Wang was explicit on a point that typically stays vague in announcements of this kind: the work handled by departing employees will not transfer to those who remain. Certain initiatives will be cancelled outright. The CEO pledged to communicate clearly which projects continue and which ones stop — though at the time of the announcement, those specifics had not yet reached the public or the broader developer base.
The OP token traded above $0.12 before the news circulated publicly. After confirmation broke, the price pulled back to $0.119, near the session low of $0.109. On a year-to-date basis, OP carries a decline of more than 55%, with its all-time high of $4.84 — set in March 2024 — now a distant reference point.
OP Labs leads development of the OP Stack, the infrastructure underpinning multiple networks across the Superchain, including Base itself. The question markets and developers now ask is which elements of that broader roadmap a leaner team will actually pursue, and which ones sit on indefinite hold while the organization redraws the boundaries of what it intends to build.
2026-03-12 19:391mo ago
2026-03-12 15:301mo ago
First Bullish Wick Appears On XRP Weekly Chart, And This Analyst Says It Will Send Price To $21.5
A lone green candle on XRP’s three-week chart is drawing attention from at least one analyst who believes it could be the start of something bigger than a routine bounce.
Crypto analyst CW, posting on X, flagged a bullish candlestick formation on the XRP/USD 3W chart that he says signals the opening of a full-scale uptrend. One that, if his cycle analysis holds, with the setup pointing first to a retest of the all-time high zone and then, in an extreme scenario, to $21.5.
New Uptrend Is Starting On The 3-Week Chart Technical analysis of XRP’s price action on the 3-week candlestick timeframe chart is revealing an interesting signal. The signal itself is straightforward: a green candlestick has been printed on XRP’s three-week chart at a time when the price is sitting just above $1.38.
The analysis comes from crypto analyst CW, and according to this projection, this could be the first bullish wick that shows sellers are losing control on this higher timeframe.
Source: Chart from CW on X It is important to note that the rally hasn’t kicked off yet, and XRP is still looking to solidify a break above $1.4. Also, indicators are yet to print full-scale uptrend signals, but according to the analyst, these bullish reversal signals will appear soon.
Those sub-indicators are visually consistent with a momentum oscillator cycling between oversold and overbought extremes shown in the chart below. They have printed blue dots at every significant XRP low since 2014, including the floors that preceded the 2017 and 2021 rallies. A new blue dot appears to be forming now.
Multi-Phase Cycle That Sends XRP Price To $21.5 The chart attached to the analysis lays out two cycle structures divided into four separate phases. In the first cycle, Phase 1 was the initial markup, Phase 2 a massive correction, Phase 3 a prolonged descending consolidation inside a symmetrical triangle, and Phase 4 was a breakout.
The technical analysis places the current cycle as tracing the same sequence almost precisely. Phase 2 printed as the post-2021 bear market decline, Phase 3 as the multi-year compression between 2022 and 2024, and the surge to $3.65 as the first part of Phase 4 in the new cycle.
XRP is now, by this reading, still playing out Phase 4 into a move that overshoots everything that came before, despite being down by about 62% from its all-time high price. Interestingly, the chart also labels the first upside objective as a return to this all-time high.
Therefore, before any talk of double-digit prices, XRP would first need to reclaim the zone around its prior record of $3.65. CW’s final projection is a cycle top at $21.5, which he ties to the Fibonacci 6.618 extension level. That level is marked as TP2 on the chart, with the all-time high zone serving as TP1.
XRP trading at $1.37 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
2026-03-12 18:391mo ago
2026-03-12 14:201mo ago
Private equity firms in talks to form joint AI venture embedding Claude
BlackSky Technology Inc (NYSE: BKSY) shares are on the rise Thursday. The company announced it has brought its fourth Gen‑3 satellite online in under a week.
2026-03-12 18:391mo ago
2026-03-12 14:211mo ago
Here's Why RenaissanceRe Can Be a Smart Addition to Your Portfolio
Key Takeaways RenaissanceRe shares rose 23.8% in a year, beating the industry's 1.6% decline on diversified income streams.RNR expanded scale and diversification through the Validus Re acquisition and broader income sources.RenaissanceRe returned capital via $650.5M buybacks in Q4 2025 and $113.4M in repurchases in Jan 2026. RenaissanceRe Holdings Ltd. (RNR - Free Report) is well-poised for growth, driven by its diversified earnings structure across underwriting income, fee income and investment income. Its strong cash generation ability and strategic acquisitions and partnerships further support its long-term expansion. Over the past year, shares of RNR have gained 23.8%, outperforming the industry’s 1.6% decline.
RenaissanceRe — with a market capitalization of $12.6 billion— provides property, casualty and specialty reinsurance, along with a range of insurance solutions to customers, primarily through intermediaries. Courtesy of solid prospects, this Zacks Rank #2 (Buy) stock is worth adding to your portfolio at the moment.
Let’s delve deeper.
Where Do RNR’s Estimates Stand?The Zacks Consensus Estimate for RenaissanceRe’s 2026 earnings is pegged at $37.65 per share and has witnessed three upward estimate revisions in the past 30 days against none in the opposite direction. The consensus mark for revenues is pinned at $11.6 billion for 2026. It beat earnings estimates in three of the past four quarters and missed once.
RNR’s Growth DriversA diversified business model, growing fee income and disciplined portfolio management continue to act as key catalysts supporting the growth trajectory of RNR. Total revenues rose 29.6% year over year in the fourth quarter of 2025, along with 4.2% and 31.8% growth in net investment income and fee income, respectively.
The acquisition of Validus Re and related businesses has significantly expanded the company’s scale and business mix. The company now operates with broader geographic exposure and multiple income sources, reducing reliance on any single line of business. This enhanced diversification improves resilience to large loss events and supports more consistent long-term returns.
It plans to drive shareholder value through several strategic levers, including expanding its property business, growing fee income through third-party capital partnerships, increasing invested assets and maintaining active share repurchases. Combined with ongoing technology investments to enhance underwriting analytics, these initiatives position the company to continue growing book value and delivering strong returns over time.
RNR’s robust cash generation abilities have enabled it to continue elevating shareholder value through share buybacks and dividend payouts. In the fourth quarter of 2025, the company rewarded its shareholders with share buybacks of $650.5 million. Additionally, from Jan. 1 to Jan. 30, 2026, it repurchased shares worth $113.4 million again.
RNR is currently trading at a discount compared to the industry average. The stock is currently trading at 1.24X, trailing 12-month tangible book value, which compares to 1.39X for the industry, indicating undervaluation. The company has a Value Score of A.
Risks for RNR StockThere are some factors that investors should keep a careful eye on.
As of Dec. 31, 2025, RenaissanceRe carried $2.3 billion in debt, with a total debt-to-capital ratio of 16.7, above the industry average of 15.4. Elevated debt levels have driven up interest expenses, which rose 28.1% year over year in 2024 and 35% in the fourth quarter of 2025. This growing interest burden could weigh on margins. The combined ratio deteriorated from 77.9% in 2023 to 83.9% in 2024 and spiked to 87.2% in 2025, indicating a shrinking share of premiums retained after covering claims.
Other Key PicksSome other top-ranked stocks in the broader finance space are PROG Holdings, Inc. (PRG - Free Report) , Encore Capital Group, Inc. (ECPG - Free Report) and BankUnited, Inc. (BKU - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for PROG Holdings’ current-year earnings is pegged at $4.19 per share has witnessed two upward revisions in the past 30 days against none in the opposite direction. PROG Holdings beat earnings estimates in each of the trailing four quarters, with the average surprise being 21.4%. The consensus estimate for current-year revenues is pegged at $3.1 billion, implying 25.2% year-over-year growth.
The Zacks Consensus Estimate for Encore Capital Group’s current-year earnings is pinned at $11.97 per share and has witnessed three upward revisions in the past 30 days, against no movement in the opposite direction. Encore Capital Group beat earnings estimates in each of the trailing four quarters, with the average surprise being 61.7%. The consensus estimate for current-year revenues is pinned at $1.8 billion, suggesting 2.9% year-over-year growth.
The Zacks Consensus Estimate for BankUnited’s current-year earnings is pegged at $4.01 per share and has witnessed one upward revision in the past 30 days against no movement in the opposite direction. BankUnited beat earnings estimates in each of the trailing four quarters, with the average surprise being 11.1%. The consensus estimate for current-year revenues is pinned at $1.2 billion, indicating 8% year-over-year growth.
2026-03-12 18:391mo ago
2026-03-12 14:211mo ago
Vibe-Coding Won't Kill Datadog: The Case For An Upgrade
Analyst’s Disclosure: I/we have a beneficial long position in the shares of DDOG, CRM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-12 18:391mo ago
2026-03-12 14:211mo ago
SoftBank downgraded by Jefferies on rising risks tied to OpenAI investment
SoftBank Group was downgraded on Thursday to “Underperform” by Jefferies, which warned that the Japanese technology investor’s rapidly expanding financial commitments to OpenAI are raising concerns about valuation integrity.
The brokerage warned of growing structural risks tied to SoftBank’s concentrated investment exposure and its accelerating funding of the AI company.
Jefferies said SoftBank’s heavy capital support for OpenAI could create valuation distortions similar to past high-profile startup funding cycles. Analysts noted that SoftBank has provided roughly 85% of the cash raised by OpenAI in recent funding rounds, which they said helped drive successive valuation increases (from $150 billion to as high as $840 billion) while boosting SoftBank’s reported net asset value.
The analysts also pointed to related-party transactions that they said complicate the financial picture. SoftBank pays OpenAI about $3 billion annually for rights tied to Japan, equivalent to roughly 15% of the company’s reported December revenue, while a separate $200 million payment from SoftBank to chip designer Arm Holdings accounts for around 16% of Arm’s quarterly revenue.
Jefferies said some previously reported external funding commitments for OpenAI appear uncertain. The firm highlighted reports of $100 billion from Middle Eastern investors and a $30 billion contribution from Microsoft that have yet to fully materialize. Investments from companies such as Amazon and Nvidia are structured largely as cloud or computing credits rather than direct equity funding.
Beyond funding structure concerns, Jefferies said OpenAI’s competitive position in the generative AI market is becoming more challenging.
Benchmark tests show OpenAI’s ChatGPT increasingly matching competing models such as Gemini from Google, Claude from Anthropic and Grok from xAI, the analysts noted. In enterprise software, Jefferies cited Anthropic as emerging as a leader with about $19 billion in annual recurring revenue in early 2026.
Meanwhile, Microsoft recently launched its “Copilot CoWork” product in partnership with Anthropic rather than OpenAI, according to the analysts.
Jefferies said competition is also intensifying in consumer AI, where Google benefits from broad distribution across billions of Android and iOS devices, proprietary computing infrastructure such as its tensor processing units, and large data resources.
The analysts also flagged deteriorating economics at OpenAI. According to filings from Microsoft, OpenAI posted a loss of about $12 billion in the third quarter of 2025, implying an annualized cash burn exceeding $50 billion. The company has also begun introducing advertising in 2026, which Jefferies said marks a shift from earlier statements by OpenAI executives that ads would only be used as a last resort.
Credit risk is also rising, Jefferies said. In March 2026, S&P Global Ratings revised SoftBank’s outlook to negative from stable, citing the group’s additional $30 billion commitment to OpenAI and the potential strain on financial flexibility.
The brokerage said its view could change if the Japanese government were to provide a financial backstop for SoftBank, if OpenAI lists publicly at a valuation above recent private funding rounds, or if the AI developer secures significant cash funding from investors other than SoftBank.
2026-03-12 18:391mo ago
2026-03-12 14:221mo ago
ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Inovio Pharmaceuticals Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – INO
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Inovio Pharmaceuticals, Inc. (NASDAQ: INO) between October 10, 2023 and December 26, 2025, inclusive (the “Class Period”), of the important April 7, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Inovio securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Inovio class action, go to https://rosenlegal.com/submit-form/?case_id=52847 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) manufacturing for Inovio’s CELLECTRA device was deficient; (2) accordingly, Inovio was unlikely to submit the INO-3107 Biologics License Application (“BLA”) to the U.S. Food and Drug Administration (“FDA”) by the second half of 2024; (3) Inovio had insufficient information to justify the INO-3107 BLA’s eligibility for FDA accelerated approval or priority review; (4) accordingly, INO-3107’s overall regulatory and commercial prospects were overstated; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Inovio class action, go to https://rosenlegal.com/submit-form/?case_id=52847 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com