Market Signal Briefing

CG Apollo Global Diversified Credit LTAF to serve UK Defined Contribution pension schemes March 10, 2026 04:00 ET  | Source: Apollo Global Management, Inc.

LONDON, March 10, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that it is set to launch the CG Apollo Global Diversified Credit LTAF (the “LTAF” or the “Fund”), a multi-sector private credit solution, after the Fund recently received FCA authorization. The LTAF will provide UK Defined Contribution (DC) pension schemes with access to a highly diversified, global credit portfolio principally focused on private credit, including private investment grade, large-cap corporate lending and asset-backed finance, in a semi-liquid product format.

“This is an important milestone in a much larger journey we are on at Apollo to support DC plans that are increasingly seeking to enhance member outcomes and integrate private markets solutions,” said Jesal Mistry, Managing Director, UK Defined Contribution Lead, Apollo. “This LTAF is designed with the aim of being an attractive portfolio construction solution, providing access to diversified multi-sector exposure and strong income generation potential.”

The launch of the Fund will build on Apollo’s efforts to bring private market retirement solutions to DC plans in the US and Europe, helping retirement savers to access the same institutional-quality investment tools that have supported Defined Benefit pensions and global retirement systems for decades.

“Retirees around the world face a savings shortfall that we believe private market strategies can help to address, particularly as public markets have become smaller and more concentrated,” said Stephen Ulian, Managing Director, Lead for Defined Contribution, Apollo. “At Apollo, our focus is on bringing diversified private market solutions to plans, with an aim to improve diversification and downside protection and enhance risk-adjusted returns. This LTAF is the latest development in our product portfolio as we build compliant, turnkey solutions for modern DC schemes.”

The LTAF is the first sub-fund in Apollo’s broader Private Markets LTAF umbrella. Carne Global Fund Managers (UK) Limited serves as the Authorised Corporate Director and Alternative Investment Fund Manager (AIFM) to the LTAF umbrella and the Fund. The LTAF represents the latest advancement in Apollo’s strategy to deliver compliant, institutional-quality private market solutions tailored to modern defined contribution schemes.

Robin Cotterill, CEO of Carne Global Fund Managers (UK) Limited said: “We are delighted to partner with Apollo on this milestone launch, further cementing our collaboration across jurisdictions and reinforcing Carne’s leading position in bringing innovative LTAF solutions to market. It also reflects the power of industry collaboration and Carne’s mission to deliver best‑in‑class fund governance and operational excellence.”

In September 2025, Aviva announced that Apollo was among a select group of asset management partners selected to allocate capital under My Future Vision, Aviva’s new default pension investment strategy targeting 20–25% private markets exposure.

Building on this momentum, in February 2026, Apollo and Schroders announced a strategic partnership that includes the preparation of a Collective Investment Trust for US defined contribution plans, targeted for launch in Q2 2026.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2025, Apollo had approximately $938 billion of assets under management. To learn more, please visit www.apollo.com.

Contacts
Noah Gunn
Global Head of Investor Relations
+1 (212) 822-0540
[email protected]

Joanna Rose
Global Head of Corporate Communications
+1 (212) 822-0491
[email protected] / [email protected]

New MCUs with the TinyEngine™ NPU join TI's comprehensive portfolio of AI-enabled hardware, software and tools, allowing engineers to deploy intelligence anywhere

News highlights:

TI's integrated TinyEngine NPU can run AI models with up to 90 times lower latency and more than 120 times lower energy utilization per inference than similar MCUs without an accelerator.    New general-purpose and real-time MCUs from TI include the TinyEngine NPU to enable more efficient edge AI in any application, from simple to complex systems. With integrated generative AI in TI's CCStudio™ IDE and more than 60 models and application examples in CCStudio Edge AI Studio, developers can quickly and easily add edge AI to any device. , /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today introduced two new microcontroller (MCU) families with edge artificial intelligence (AI) capabilities, supporting the company's commitment to enabling edge AI across its entire embedded processing portfolio. The MSPM0G5187 and AM13Ex MCUs integrate TI's TinyEngine neural processing unit (NPU), a dedicated hardware accelerator for MCUs that optimizes deep learning inference operations to reduce latency and improve energy efficiency when processing at the edge.

TI is integrating the TinyEngine NPU across its entire microcontroller portfolio, including general-purpose and high-performance, real-time MCUs. For more information, see ti.com/edgeAI, ti.com/MSPM0G5187 and ti.com/AM13E23019.

TI's embedded processing portfolio is supported by a comprehensive development ecosystem, including the CCStudio integrated development environment (IDE). Its generative AI features allow engineers to use simple language to accelerate code development, system configuration and debugging through industry-standard agents and models paired with TI data. Altogether, TI is accelerating the adoption of edge AI in any electronic device, from real-time monitoring in wearable health monitors and home circuit breakers to physical AI in humanoid robots. These end-to-end innovations are featured in TI's booth at embedded world 2026, March 10-12, in Nuremberg, Germany.

"TI invented the digital signal processor almost 50 years ago, laying the groundwork for today's edge AI processing," said Amichai Ron, senior vice president, Embedded Processing and DLP® Products at TI. "Now TI is leading the next phase of innovation by integrating the TinyEngine NPU across our entire microcontroller portfolio, including general-purpose and high-performance, real-time MCUs. By enabling AI across our software, tools, devices and ecosystem, we are making edge AI accessible and easy to use for every customer and every application."

"While much of the world has been focused on AI acceleration and NPUs in bigger SoCs, it turns out some of the more interesting and far-reaching applications of AI can be enabled inside smaller chips like microcontrollers," said Bob O'Donnell, President and Chief Analyst at TECHnalysis Research. "Edge-based applications of AI acceleration can make consumer devices more intelligent and industrial devices more efficient. Plus, if you can combine these chips with software development tools that themselves leverage AI to help build AI features, you bring the power of AI acceleration to a significantly wider audience of engineers and device designers."

Advanced intelligence at your fingertips
Consumers are always looking for everyday technology to be more intelligent, from fitness wearables to home appliances and electrical systems. However, many engineers believe that AI capabilities are exclusive to higher-end applications given high costs, power demands and coding requirements. TI's new MSPM0G5187 Arm® Cortex®-M0+ MSPM0 MCU represents a fundamental shift for embedded designers, who can now bring edge AI to a wide range of simpler, smaller and more cost-effective applications.

With local computation, the TinyEngine NPU executes computations required by neural networks in parallel to the primary CPU running application code. Compared to similar MCUs without an accelerator, this hardware acceleration:

Minimizes the flash memory footprint. Lowers latency by up to 90 times per AI inference. Reduces energy utilization by more than 120 times per AI inference. Such levels of efficiency allow resource-constrained devices – including portable, battery-powered products – to process AI workloads. At under US$1 in 1,000-unit quantities, the MSPM0G5187 MCU reduces system and operating costs by offering an affordable alternative to other MCU or processor architectures.

To learn more, read the technical article, "How edge AI-accelerated Arm Cortex-M0+ MCUs bring more brain power to electronics."

Real-time control plus AI acceleration for multimotor systems
Motor control applications in appliances, robotics and industrial systems increasingly call for intelligent features such as adaptive control and predictive maintenance, but implementing these capabilities has historically required complex, multi-chip designs. Building on over two decades of motor control leadership through the C2000™ real-time MCU portfolio, TI's new AM13Ex MCUs are the industry's first to integrate a high-performance Arm Cortex-M33 core, TinyEngine NPU and advanced real-time control architecture into a single chip.

This degree of integration enables designers to implement sophisticated motor control and AI features simultaneously without external components, lowering bill-of-materials costs by up to 30%. Key enhancements include:

The ability to maintain precise real-time control loops for up to four motors while the TinyEngine NPU runs adaptive control algorithms for load sensing and energy optimization. An integrated trigonometric math accelerator that performs calculations 10 times faster than coordinate rotation digital computer (CORDIC) implementations, delivering more precise, responsive motor-control performance. To learn more, read the application brief, "Achieving edge AI-enabled motor control in industrial automation and home appliance designs."

Easily train, optimize and deploy AI models
Both MCU families are supported by TI's CCStudio Edge AI Studio, a free development environment that simplifies model selection, training and deployment across TI's embedded processing portfolio. This edge AI toolchain gives engineers full flexibility to run AI models on TI MCUs through either hardware or software implementations. Today, there are more than 60 models and application examples available in the tool to help developers start deploying edge AI in any device, with additional tasks and models planned in the future.

TI at embedded world 2026
At embedded world 2026, in Hall 3A, Booth No. 131, TI will demonstrate how its technologies help engineers develop faster with AI; enhance performance with edge AI; and deploy AI at the edge across factories, buildings and vehicles. Also featured is TI's partner ecosystem, which provides the complete foundation to bring innovative embedded solutions to market faster. See ti.com/ew for more information.

Package, availability and pricing

Production quantities of the MSPM0G5187 MCU are available for purchase now on TI.com, with the AM13E23019 MCU available in preproduction quantities. Additional package and memory variants will be released by the end of 2026. Multiple payment and shipping options are available. About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

Trademarks
DLP is a registered trademark of Texas Instruments. TinyEngine, CCStudio and C2000 are trademarks of Texas Instruments. All other trademarks belong to their respective owners.

SOURCE Texas Instruments

LONDON, March 10, 2026 (GLOBE NEWSWIRE) -- Neutral Wireless, a provider of private 5G connectivity solutions for live production and large-scale events, together with Haivision (TSX: HAI), a leading global provider of mission-critical, real-time video networking and visual collaboration solutions, today announced their collaboration with ITN on a private 5G live broadcast deployment supporting the London New Year’s Eve Fireworks 2025/26 production.

ITN, Neutral Wireless, and Haivision have successfully delivered a UK first live broadcast deployment using newly short notice, short duration n40 band spectrum at 2320 to 2340 MHz during the London New Year’s Eve Fireworks 2025/26, enabling agile, high quality production workflows that reached millions of viewers at midnight.

The joint deployment brought together ITN’s live production expertise, Neutral Wireless’ private 5G platform and Haivision’s live video contribution technology to demonstrate how emerging spectrum options can transform connectivity for crowded live events where public mobile networks can become congested.

Working collaboratively, the partners deployed wireless production infrastructure across a complex and high demand density urban environment, supporting resilient live content delivery at national scale.

A portable Neutral Wireless Pop-up 5G Pro system was used to deploy a single cell, providing coverage along the riverbank for wireless camera positions. Two full HD camera feeds were delivered to a local Haivision StreamHub in the production gallery using Falkon X2 and Haivision Pro mobile video transmitters connected to the n40 private network.

A collaborative step forward for live production
The introduction from Ofcom of short notice, short duration licenses of in the 2.3GHz band spectrum announced on 3rd December 2025 is expected to simplify licensing and accelerate deployment timelines for users including short term productions, allowing broadcasters to establish high performance networks in days rather than weeks.

https://www.ofcom.org.uk/spectrum/innovative-use-of-spectrum/enabling-short-notice-short-duration-licences-in-2.3-ghz

Tony Dotchin, Field Support Manager at ITN said: “This deployment showed how quickly we can establish reliable connectivity in one of the year’s busiest broadcast environments. By combining private 5G with modern IP workflows, we worked with greater agility while maintaining the high production standards expected of ITN.”

Enabling more agile and sustainable production
By adopting modern IP video workflows supported by private 5G connectivity, the deployment reduced reliance on extensive cabling, large outside broadcast compounds and traditional infrastructure.

This approach supports more sustainable production models by lowering logistical requirements while enabling teams to deploy connectivity precisely where it is needed.

Malcolm Brew Chief Engineer at Neutral Wireless said: “Collaborating closely with ITN and Haivision allowed us to demonstrate how new spectrum like n40 can unlock faster, more flexible production environments. It’s not about replacing existing broadcast workflows but enhancing them with wireless capabilities that make live production more engaging, scalable and efficient.”

Geoffrey Aitken, Vice President EMEA Sales, Broadcast at Haivision said: “Live broadcasters are under increasing pressure to deliver higher quality content from more locations while working within tighter timelines and more complex connectivity environments. Private 5G helps address one of the industry’s biggest challenges: ensuring reliable, low-latency video contribution in crowded or unpredictable network conditions. By combining private cellular networks with wireless transmission, broadcasters gain the flexibility to deploy cameras anywhere while maintaining the performance and resilience required for live production.”

From innovation to real world delivery
The successful broadcast demonstrates how private 5G is moving beyond trials into operational use across live news, sport and entertainment.

The deployment builds on Neutral Wireless’ broader work delivering private 5G production across land, sea and air environments, alongside ITN’s continued exploration of new production technologies and Haivision’s expertise in low latency video contribution.

Neutral Wireless will be showcasing its wider private 5G capabilities, including its nibOS software platform and live deployment solutions, at Mobile World Congress Barcelona. Visitors can come and see the technology in action, including the company’s distinctive 5G-enabled aircraft positioned at the entrance to Fira Gran Via.

About Neutral Wireless
Neutral Wireless specialises in private 5G connectivity for live production, smart venues, public safety and large scale events. The company enables broadcasters, rights holders and organisations to deploy high performance wireless networks that support modern IP workflows across land, sea and air environments. Its nibOS software platform provides intuitive configuration and monitoring capabilities designed specifically for real- world deployment scenarios. Neutral Wireless works closely with industry partners to deliver flexible, sustainable and scalable connectivity solutions for next generation production.

About ITN
Founded 70 years ago, ITN is one of the UK’s leading production companies, home to three public service broadcaster newsrooms—ITV, Channel 4, and Channel 5—and delivering 70 hours of live linear programming each week. This includes flagship news bulletins, TV’s Good Morning Britain, and 5’s Jeremy Vine, Storm Huntley, and Vanessa.

ITN’s content division, ITN Productions, produces more than 1,000 hours of commissioned programming annually for UK broadcasters and global streamers, spanning documentaries, factual entertainment, education, short form, audio and podcast, and archive-based formats. In addition to a digital team producing direct to consumer content across genres including entertainment, crime, and royals.

ITN is headquartered on Gray’s Inn Road, London, boasting state-of-the-art studios and post-production facilities, all supported by an award-winning technology team. It also operates a newsroom and offices in Leeds, and maintains a global footprint with international bureaus including Washington D.C.

About Haivision
Haivision is a leading global provider of mission-critical, real-time video networking and visual collaboration solutions. Haivision’s connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision-making. Haivision provides high-quality, low-latency, secure, and reliable live video at a global scale. Haivision open-sourced its award-winning SRT low-latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. To learn more, visit Haivision at www.haivision.com. 

Contact

Jennifer Gazin
514.334.5445 ext 8309
[email protected]

Chocolate Gold Bunnys are seen during the annual news conference of Swiss chocolatier Lindt & Spruengli in Kilchberg, Switzerland March 8, 2022. REUTERS/Arnd Wiegmann/File Photo Purchase Licensing Rights, opens new tab

March 10 (Reuters) - Chocolate sales are rising faster among U.S. users of ​GLP-1 weight-loss drugs than in the rest ‌of the population, Swiss chocolatier Lindt & Spruengli (LISN.S), opens new tab said on Tuesday, citing data that went against expectations the drugs ​would reduce confectionery demand.

The company said an ​internal study, based on February data from market ⁠researcher Circana, found 15% of U.S. households ​use GLP-1s, representing 17.5% of chocolate sales. GLP-1s ​include weight-loss drugs such as Ozempic and Mounjaro.

Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here.

Lindt, maker of chocolate Easter bunnies, also said U.S. sales of premium ​chocolate increased among GLP-1 users by nearly 17% ​in 2025, compared to a 6.5% rise among non-GLP-1 users.

Analysts ‌at ⁠Berenberg had expected the introduction of oral GLP-1 weight-loss drugs to have an adverse effect on the food industry, particularly confectionery, over the next ​few years. ​They anticipated ⁠a drag on sales volumes of 0.9 percentage point for Lindt in ​2027.

GLP-1 pills are predicted to expand ​the use ⁠of the drugs to patients beyond the users of injectables, including more men and younger patients, ⁠as ​the oral drugs are projected ​to provide less drastic weight loss than their injectable counterparts.

Reporting by ​Danny Callaghan and Bernadette Hogg Editing by Bernadette Baum

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

HomeDividends AnalysisREITs Analysis

SummaryIndexes for US equity real estate investment trusts dropped alongside the broader markets during the first week of March, amid geopolitical concerns between Israel, Iran, and the United States.The Dow Jones Equity All REIT index closed the week down 2.10%, while the S&P 500 and Dow Jones Industrial Average also declined 2.02% and 3.01%, respectively.All Dow Jones US real estate property sector indexes closed the recent week in the red, with the industrial REIT index logging the largest decline, down 4.86%. bo feng/iStock via Getty Images

Indexes for US equity real estate investment trusts dropped alongside the broader markets during the first week of March, amid geopolitical concerns between Israel, Iran, and the United States.

The Dow Jones Equity All

3.71K Followers

March 10 (Reuters) - Saudi Arabia has lowered oil ​output by between ‌2 million and 2.5 million ​barrels a day, ​and the United ⁠Arab Emirates has ​cut its output ​by 500,00-800,000 barrels a day, Bloomberg News ​reported on ​Tuesday.

Kuwait has also cut output ‌by ⁠half a million barrels a day, and Iraq ​by ​about ⁠2.9 million, the report ​added, citing ​people ⁠with knowledge of the matter.

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

Reuters could ⁠not ​immediately ​verify the report.

Reporting by Ruchika ​Khanna in Bengaluru

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

OXFORD, England & VIENNA--(BUSINESS WIRE)-- #Nanopore--ViruSure, an Asahi Kasei company and global leader in pathogen safety testing for biopharmaceuticals, today announced the launch of the world's first GMP-validated adventitious viral agent (AVA) detection test based on Oxford Nanopore sequencing. Designed for use in regulated biopharmaceutical quality control (QC) environments, this process is designed to ensure biologics medicines are free from viral contamination. The first-in-class solution combines.

The house builder's pretax profit rose for the year on higher home sales, but failed to meet consensus.

Over the past week, tensions in the Middle East have escalated as conflict between Iran, Israel, and the United States has intensified. Despite these developments, Bitcoin has remained surprisingly stable around $68,000. The price has not collapsed sharply as many market participants feared.

However, overall market sentiment still leans heavily bearish. Short positions dominate across derivatives exchanges. This positioning creates conditions that could trigger a major short squeeze in March 2026.

Negative Bitcoin Funding Rate Creates Potential Conditions for a Short SqueezeSantiment, an on-chain data analytics platform, analyzed data showing a strongly negative funding rate across crypto exchanges. The data reflect a market dominated by short sellers.

Santiment attributes this sentiment primarily to geopolitical concerns and delays surrounding the Clarity Act.

Their chart shows that when Bitcoin traded between $63,000 and $73,000, the funding rate remained deeply negative for multiple days. This pattern indicates that short positions clearly dominate the market. In many cases, they significantly outweigh long positions due to fears of war and regulatory uncertainty.

Bitcoin Aggregated Exchange Funding Rates. Source: SantimentHowever, Santiment emphasized that historical data suggests extremely negative funding rates often precede price reversals.

“Historically, extreme shorting increases the likelihood of cryptocurrencies bouncing due to potential short liquidations providing a boost whenever prices break through resistance levels,” Santiment explained.

Similarly, analyst RugaResearch cited data from CryptoQuant showing that the 30-day funding rate percentile is currently about 6%. This level marks the lowest reading since early 2023.

He explained that short positions are currently paying fees to long positions. Traders have done this almost every day for two consecutive weeks.

“The 30-day percentile ranks today’s funding rate against the last 30 days of readings. At 6%, almost every single day in the past month had higher funding than right now. The derivatives market is overwhelmingly positioned for more downside, and it has been for a while,” RugaResearch explained.

Bitcoin Funding Rate 30 days Percentile. Source: CryptoQuantThe chart shows that when the market becomes excessively short, sudden volatility often occurs rather than gradual corrections. As a result, the current environment creates ideal conditions for a short squeeze.

Signs of De-escalation in Geopolitical ConflictWhile the observations above rely heavily on historical patterns, recent developments also suggest a price recovery is possible.

Recent statements from President Donald Trump have helped ease negative sentiment. In an interview with CBS News, he stated that the military campaign targeting Iran has progressed much faster than the originally expected four to five weeks.

“I think the war is very complete, pretty much,” the president said.

Trump also held a phone call with Russian President Vladimir Putin. The Kremlin confirmed that Putin proposed a plan to end the war quickly. These developments have reduced fears of a full-scale escalation and helped improve market sentiment during the first week of March.

Bitcoin Exchange Liquidation Map. Source: CoinglassThe liquidation map from Coinglass shows that if Bitcoin rises above $75,000 this week, the cumulative potential liquidation volume of short positions could reach nearly $4 billion.

Why This Time Could Be DifferentYet signs of a quick resolution remain mixed. Iran named hardliner Mojtaba Khamenei as its new supreme leader on March 9. The move signals continuity rather than concession. The war has spread to Lebanon, and the Strait of Hormuz remains effectively closed. Brent crude briefly neared $120 per barrel.

This macro backdrop is hostile to the capital inflows that typically fuel a short squeeze. Allianz Research outlined three scenarios. A quick deal could settle oil near $70. A prolonged conflict could push it to $100. A tail-risk escalation could send Brent above $130. Sustained energy shocks raise stagflation risks and could delay expected rate cuts. Without fresh institutional buying, shorts can stay profitable longer than history suggests.

War-driven risk-off could also drain crypto liquidity directly. In past crises, forced selling in traditional markets spilled into digital assets. Investors liquidated crypto positions to cover margin calls elsewhere. If oil stays above $100, this cross-market contagion becomes more likely. A short squeeze needs buyers, not just overleveraged shorts.

Bhutan, one of the world’s largest nation-state Bitcoin holders, has just moved 175 Bitcoin from its main holding address as cryptocurrency markets posted modest gains on Monday.

Data from the blockchain analytics platform Arkham shows that the South Asian country moved $11.85 million worth of BTC to an address created a month ago, which had previously received 184 Bitcoin from the government.

The 175 Bitcoin are still at the address as of Tuesday, according to blockchain data. However, the previous transfer of 184 was sent to a third address, which has received a total of 1,910 Bitcoin since 2024 and currently holds 126.

In an X post on Monday, Arkham said the last time Bhutan moved a similar amount of Bitcoin — in February — it was to sell $7 million of Bitcoin with QCP Capital. The kingdom has made several sales this year.

“Bhutan periodically sells portions of its Bitcoin in clips of $5-10M, with a particularly heavy period of selling around mid-late September 2025,” Arkham said.

Arkham estimates that as of Monday, Bhutan’s holdings are around 5,400 Bitcoin, making its holdings the seventh-largest among countries. The United States has the largest country-held stash with 328,372 Bitcoin, worth just under $22 billion as of Tuesday.

Source: ArkhamBhutan also holds various other cryptocurrencies in varying amounts, all managed by Druk Holding and Investments, the country’s sovereign wealth fund, including 28 Ether (ETH) and 28 KiboShib, an AI-generated memecoin.

Cointelegraph reached out to Druk Holding and Investments for comment, but didn’t receive an immediate response.

Bhutan has been using Bitcoin to fund servicesBhutan has accumulated roughly 13,000 Bitcoin since launching state-backed mining operations in 2019, primarily fueled by hydroelectric energy, according to Arkham.

However, following the 2024 halving, mining became less efficient due to increased costs.

Bhutanese Prime Minister Tshering Tobgay told Al Jazeera last April that during the summer months, the kingdom’s hydropower plants generate surplus energy due to increased water flow. This abundance of power makes it highly practical to utilize the excess energy for Bitcoin mining.

In an interview with Al Jazeera in March 2025, Tobgay also noted that proceeds from Bhutan's Bitcoin have been used to fund healthcare, environmental initiatives and public servant salaries.

A growing number of Bitcoin miners have redirected their energy resources toward artificial intelligence and high-performance computing services since the April 2024 halving, which reduced mining rewards to 3.125 Bitcoin and negatively impacted overall profitability.

Magazine: Would Bitcoin really be at $200K if not for Jane Street? Trade Secrets

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

Major cryptocurrencies staged a broad recovery Tuesday as geopolitical tensions eased, with U.S. President Donald Trump signaling that the Iran conflict was nearing resolution. The news sparked a risk-on rally across global markets, sending Asian equities up 2% and lifting digital assets across the board.

Ethereum climbed 2.6% to reclaim the psychologically significant $2,000 level, a threshold it has battled to hold since late February. Solana outpaced the field with a 2.9% gain to $85.67, while BNB and Ether both rose 2.6%. XRP added 1.7% to $1.37. Dogecoin trailed the broader market with a modest 1% gain, remaining down 1.4% on the week and continuing to underperform on every rally attempt.

Blockchain analytics firm Nansen noted that crypto had already priced in the macro negatives and was now reacting to headline-driven sentiment rather than fundamental deterioration. That perspective aligns with the latest institutional flow data. CoinShares reported $619 million in crypto fund inflows for the week ending Friday, with $521 million directed into Bitcoin products alone, pushing total assets under management to $108.3 billion. This capital entered the market during a week when the S&P 500 shed $1 trillion in a single session and the U.S. economy lost 92,000 jobs, suggesting that institutional investors are viewing current price levels as a strategic entry point rather than a signal to exit.

Ethereum's ability to sustain above $2,000 remains the key technical level to monitor. Analysts at FxPro identified $2,500 and the 200-week moving average as the threshold that would confirm a true trend reversal rather than a temporary bounce. Solana, meanwhile, remains roughly 55% below its cycle highs and has consistently underperformed Ethereum on major recovery moves since the October selloff. The collapse of memecoin speculation, which drove much of Solana's 2024 momentum, has left the token more exposed to broader macro swings.

The Federal Reserve's March 17-18 meeting now represents the market's next major inflection point. Bitcoin's 90-day correlation with the S&P 500 has risen to 0.78, one of the highest levels since mid-2022, meaning any hawkish policy signal could pressure the entire crypto market, with higher-beta altcoins facing the sharpest downside risk.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Here's how traders and big buyers stepped in to keep bitcoin steady during the oil shockSeveral market participants, including MSTR and OTC traders, kept demand steady, helping BTC stay resilient. Mar 10, 2026, 6:14 a.m.

The Iran war and oil surge rocked global equity markets this month. Yet bitcoin BTC$70,108.61 barely budged — because large traders, institutional flows and sizeable wallet holders stepped in during the dips, keeping demand firm even as traditional markets wobbled.

Major oil benchmarks, Brent and WTI, have surged 30% this month, trading above $100 per barrel early Monday. The massive surge has weighed heavily on Asian equity markets and also caused downside volatility in Asian and European equities.

Bitcoin, however, has risen nearly 4% to $70,200 this month, according to CoinDesk data. The market has been propped by large traders snapping up BTC over-the-counter (OTC) in a privately negotiated deal, according to Paul Howard, senior director at high-frequency trading firm and liquidity provider Wincent.

"The demand has been driven by some large over-the-counter [OTC] trades, positioning for a swift end to the conflict in Iran, and also MSTR's acquisition. The timing of which, with the geopolitical events, may be an indicator of confidence returning to risk assets," Howard said in an email to CoinDesk.

OTC desks are private trading venues where buyers and sellers can execute large cryptocurrency transactions without going through public exchanges. Instead of placing orders on open order books, trades are negotiated directly between parties or facilitated by a broker. Large traders and institutions typically trade over-the-counter to avoid influencing the spot market price.

Howard also highlighted renewed investor interest in the popular "carry trade," where traders short (bearish bet) Strategy (MSTR) stock while buying bitcoin ETFs at the same time. The strategy profits if BTC rises faster than MSTR falls, allowing traders to hedge risk while still benefiting from bitcoin's moves.

Speaking of ETFs, the 11 U.S.-listed funds have registered net inflows of over $700 million this month, according to data source SoSoValue. That's a sign of renewed institutional appetite for the cryptocurrency.

"Institutional flows have also turned supportive. Spot Bitcoin exchange-traded funds have seen net inflows of around $1.7 billion since late February. This reversed a stretch of outflows that lasted roughly four months. For the March 8-10 period, flows contributed to a weekly net inflow of about $568 million," Vikram Subburaj, CEO of India-based Giottus exchange, said.

Nexo, meanwhile, pointed to Strategy's continued accumulation of bitcoin as a major bullish factor. The Nasdaq-listed firm purchased 17,994 BTC between March 2 and March 8, boosting its total holdings to 738,731 BTC.

The latest purchase matches several days' worth of new bitcoin entering the market.

"The network has now surpassed 20 million BTC mined, leaving fewer than 1 million coins to be issued. At roughly 450 BTC per day, incremental supply remains limited. Strategy added 17,994 BTC, equivalent to approximately five weeks of issuance, bringing its holdings to roughly 3.7% of the circulating supply," Nexo's analyst Iliya Kalchev told CoinDesk.

Demand also funneled through bullish on-chain activity.

"Larger wallets holding more than 1,000 BTC added roughly 0.3% to their balances during recent dips. This points to prudent accumulation during periods of weakness," Vikram Subburaj said.

He added that more than 400,000 BTC recently changed hands between $60,000 and $70,000.

More For You

CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.

What to know:

Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.More For You

AI tokens rally after Nvidia open-source agent plan, beat CoinDesk 20

1 hour ago

The AI-linked cryptocurrencies moved higher after a report from Wired said Nvidia is planning an open-source platform for autonomous AI agents.

What to know:

Tokens tied to artificial intelligence, including Bittensor’s TAO, NEAR Protocol and Internet Computer, rallied after a Wired report that Nvidia plans to launch an open-source platform for autonomous AI agents.The AI token category’s market value climbed about 4.8% to roughly $14.17 billion, outpacing the broader crypto market as measured by the CoinDesk 20 index, which rose 2.86%.Nvidia’s forthcoming NemoClaw platform, expected to debut at its March 17 GTC developer conference, aims to let enterprises deploy multi-step AI agents with built-in security and privacy tools as part of the company’s push to expand its software ecosystem.

XRP price is on the cusp of a breakout from a symmetrical triangle pattern that could potentially lead to sustained gains. 

Summary

XRP price is close to confirming a bullish breakout from a symmetrical triangle pattern on the daily chart. Stablecoin supply on the network has surged over the past week. According to data from crypto.news XRP (XRP) price rose nearly 4% to an intraday high of $1.39 on March 10, Asian time.

The rebound followed after the token fell nearly 8% to $1.34 from its weekly high of $1.46 led by a Bitcoin (BTC) correction amid rising inflation fears on surging oil prices and escalating geopolitical tensions in the Middle East. 

XRP price targets bullish breakout  Now, with XRP price recovering, it is drawing closer to a potential breakout from a multi-month symmetrical triangle pattern formed on the daily chart. 

XRP price is close to confirming a bullish breakout from a symmetrical triangle pattern on the daily chart — March 10 | Source: crypto.news For context, a symmetrical triangle pattern is formed when an asset’s price moves between two converging trendlines that connect a series of sequential peaks and troughs. Typically, a breakout from the upper side of the pattern has been bullish for the asset, while a drop below the lower trendline indicates a bearish trend. 

In XRP’s case, the breakout is occurring from the upper side and hence presents a bullish outlook for the token in the coming sessions. 

At press time, momentum indicators like the MACD and RSI are also suggesting that a strong recovery is underway. The MACD line was pointed upwards, while the RSI had formed a bullish divergence with XRP’s recent price action, suggesting that selling pressure is cooling off. 

For now, the 23.6% Fibonacci retracement level at $1.42 stands as the key resistance zone that traders would be keeping an eye on.

Breaking out from this level could potentially trigger a rally to $2.06, a target calculated by adding the height of the symmetrical triangle pattern formed to the price point at which the breakout would be confirmed. The target lies nearly 50% from the current price of $1.38. 

A major catalyst that could support its gains is the growing stablecoin supply on the XRPL network. Data from DeFiLama show that the total stablecoin supply on the network has gone up 2.5% over the past 7 days to $426 million. 

A greater supply means more liquidity and trading activity on the network, and investors often see such growth as a sign of increasing demand for the underlying ecosystem. 

However, some caution is warranted as institutional demand for the altcoin has slowed. Notably, U.S. spot XRP ETFs recorded $22 million in net outflows over the past two weeks, breaking a four-week inflow streak.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Pudgy World went live with 12 towns, plot-based quests, and mini-games in what the team calls "one of the most technically advanced browser-based games ever created." The PENGU token jumped 9% on the news.Updated Mar 10, 2026, 6:22 a.m. Published Mar 10, 2026, 6:20 a.m.

Pudgy Penguins shipped its flagship game to the general public on Monday, and the most notable thing about it is that you wouldn't know it had anything to do with crypto unless someone told you.

Pudgy World, the browser-based game first announced at Art Basel in late 2023, went live with 12 unique towns across a world called The Berg, narrative quests where players help a penguin named Pengu find someone named Polly, and a set of mini-games.

CoinDesk played a 10-minute session and came away with a simple takeaway. It's smooth, responsive, intuitive, and clearly not built with a crypto-first user in mind.

The game could be pure Club Penguin nostalgia for some users. The game was Disney's browser-based virtual world that ran from 2005 to 2017 and peaked at over 200 million registered users, mostly kids who customized penguin avatars and played mini-games.

It remains the template for what a mass-market penguin game looks like, and the comparison Pudgy World could be measured against in the broader audience.

The NFT gaming space has spent years producing products that feel like wallets with gameplay bolted on. Pudgy World goes the other direction, building something that works as a game first and connects to the token economy second.

Whether that translates to retention and revenue is a different question, but the UX approach is a deliberate break from the pattern.

The PENGU token responded, jumping 9% on the day. Pudgy Penguin NFT floor prices held flat in ETH terms, though ether itself was up 5%, meaning the dollar-denominated floor rose with it.

The broader context is that crypto gaming has mostly failed to produce anything people actually want to play. Projects that led with token incentives attracted mercenary farmers who left the moment monetary yields dried up.

Pudgy's bet is that building an audience through toys, memes, and brand affinity first, then giving that audience a game, works better than the other way around.

One game launch doesn't prove the thesis. But shipping a product that feels like a game rather than a DeFi dashboard is further than most NFT projects have gotten.

More For You

CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.

What to know:

Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.More For You

Ethereum Foundation wants the network to be the trust layer for AI

Mar 4, 2026

Davide Crapis, the foundation's AI lead, sees the network acting as a coordination and verification layer in an increasingly AI-mediated world.

What to know:

As artificial intelligence reshapes everything from finance to cybersecurity, the Ethereum Foundation (EF) is carving out a strategy for how the world’s second-largest blockchain fits into that future.Instead of trying to fuse blockchains and AI at the level of raw computation, the EF sees the network playing a different role: acting as a coordination and verification layer in an increasingly AI-mediated world.Davide Crapis, the AI lead at the EF, argues that the motivation is as philosophical as it is technical.

Ethereum price has staged a modest rebound, rising roughly 7% since March 8 after printing a bullish technical signal on the 8-hour chart. The move comes as the broader crypto market attempts to stabilize. However, Ethereum’s larger trend remains weak. The asset is still down about 31% year-to-date in 2026, highlighting that the broader downtrend remains intact despite the recent bounce.

Interestingly, the rebound follows a technical pattern that previously triggered a strong rally. Yet this time, several on-chain indicators suggest the recovery may face stronger resistance ahead.

Historical Bullish Divergence Triggered a 15% Rally, Earlier in MarchThe latest rebound follows a bullish divergence on the Relative Strength Index (RSI) on the 8-hour chart. RSI is a momentum indicator that measures the speed and strength of price movements. When prices form lower lows while RSI forms higher lows, it can indicate that selling momentum is weakening.

Between February 15 and March 8, Ethereum’s price formed a lower low, while RSI created a slightly higher low, producing a classic bullish divergence.

A similar divergence appeared earlier between February 15 and March 1. After that signal flashed, Ethereum rallied more than 15%, climbing to a local high near $2,199 ($2,200 zone) before the move lost momentum.

Bullish Divergence: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

The latest divergence has already produced a rebound of over 7%, raising the possibility that Ethereum could attempt another move toward the $2,200 region, which acted as resistance during the previous rally.

However, the supporting data behind the current move appears weaker than during the earlier rebound.

Exchange Flows and Whale Holdings Show This Rebound Lacks Earlier SupportOne major difference lies in exchange flows and whale accumulation.

During the previous rally between March 1 and March 4 (post-divergence), Ethereum experienced continuous exchange outflows. The Exchange Net Position Change remained negative, signaling that coins were leaving exchanges, a sign of sustained buying pressure.

ETH Exchange Flow: GlassnodeAt the same time, whale wallets were accumulating. Holdings among large wallets rose from 113.43 million ETH on February 28 to 113.51 million ETH by March 3, an increase of about 80,000 ETH, reinforcing the bullish momentum.

Ethereum Whales: SantimentThe current rebound shows the opposite pattern.

On March 9, the Exchange Net Position Change turned positive, with inflows reaching 146,709 ETH. Rising inflows typically indicate that investors are moving coins to exchanges, increasing the likelihood of selling pressure. Encountering sell pressure immediately after the divergence isn’t good for the rally hopes.

Sell Pressure Rising: GlassnodeWhale behavior also shifted. Large holders reduced their supply from 113.70 million ETH on March 7 to about 113.61 million ETH by March 10, representing a decline of roughly 90,000 ETH.

This combination suggests that the recent rebound lacks the same accumulation support that fueled the earlier 15% ETH price rally. But that’s not the only risk.

Cost Basis Data Reveals Heavy Supply Clusters Between $2,030 and $2,180On-chain cost-basis data further highlights potential resistance ahead.

URPD, or the UTXO Realized Price Distribution metric, shows where large portions of supply last moved on-chain. These zones often act as support or resistance because many holders may choose to sell when the price revisits their cost basis.

Note: Although URPD is originally designed for UTXO-based networks like Bitcoin, analytics platforms such as Glassnode have extended the metric to account-based chains like Ethereum.

Several notable supply clusters appear directly above Ethereum’s current price.

Approximately 1.42% of Ethereum’s supply is concentrated at around $2,029 (close to the current price). Another 1.06% cluster appears near $2,079, followed by 0.88% near $2,128 and 0.91% near $2,178.

Key Cluster 1: GlassnodeTogether, these levels create a dense resistance corridor where over 4% of supply sits between roughly $2,030 and $2,180.

Key ETH Cluster 2: GlassnodeIf holders in these zones begin selling, the rebound could face significant resistance. And the weak buying support, as seen earlier, might not be able to absorb the probable sell-off.

Ethereum Price Must Break $2,200 to Sustain Rally HopesFrom a technical perspective, Ethereum must first clear $2,130, which aligns closely with the lower URPD supply clusters.

The next critical barrier sits near the psychological $2,200 level, which previously capped the March rally. A decisive 8-hour close above $2,200 would signal that Ethereum has absorbed the nearby supply clusters, potentially opening the path toward $2,270, which also has a sizable cluster to account for.

This makes $2,270 a key resistance zone, possibly the one that needs to be crossed for rekindling hopes of a sustained rally.

Key ETH Cluster 3: GlassnodeHowever, downside risks remain.

If Ethereum falls below $2,000, the rebound thesis could weaken. A further drop toward $1,910 would reinforce the broader bearish structure.

Ethereum Price Analysis: TradingViewFor now, Ethereum’s latest rebound appears technically valid, but weaker on-chain support suggests the rally may face heavier resistance than the previous attempt.

Hyperliquid’s native token, HYPE, has climbed double-digits in the past 24 hours after entrepreneur and crypto investor Arthur Hayes forecast a dramatic surge to $150 by August.

The HYPE token currently trades around $34, up 12% in the period as bulls extend gains from its recent lows of $20.

Gains come as HYPE’s potential attracts fresh attention despite broader jitters across global markets.

Rising open interest and trading volume signal sustained demand.

Arthur Hayes makes bold HYPE predictionArthur Hayes, the influential former BitMEX CEO and founder of Maelstrom family office, has positioned himself as a vocal bull on Hyperliquid.

Maelstrom has built a substantial stake in the platform, and Hayes argues HYPE stands out as a top performer in the coming months.

In a recent essay, he spotlighted Hyperliquid’s unmatched revenue model, declaring it “the dominant perp DEX” and the largest revenue generator in crypto outside stablecoins.

According to Hayes, the project’s aggressive token buyback strategy, where 97% of revenues flow directly back to HYPE holders, is a rarity in the crypto industry.

“No other project in all of crypto hands as much money back to token holders as Hyperliquid,” he wrote.

Hyperliquid captures trading volumes migrating from centralized exchanges (CEXs), and Hayes envisions accelerated growth through new features and permissionless markets.

This is the case as competitors’ incentive programs fade.

Hyperliquid technical outlookIf Hayes’ August 2026 target of $150 is to be hit, the token's value needs to post a roughly fivefold gain from its current levels near $34.

The Maelstrom boss notes that HYPE could be this cycle's GMX, a perps DEX that exploded in 2023.

“The exchange shitcoin darling of the last sideways to down market in early 2023 was GMX.

GMX hit an all-time high of $90 in April 2023. Why? Because at the time it dominated the perp DEX volume leaderboards,” he wrote.

Hayes’ track record for audacious calls adds weight. However, past predictions have mixed results, and other factors could come into play.

The token’s 12% intraday surge particularly aligned with an uptick across crypto markets as Bitcoin rose to $70,000.

From a technical standpoint, HYPE has rebounded strongly from its January trough.

The token has formed higher lows and is testing resistance near $35.

Momentum indicators like RSI hover in bullish territory without overbought extremes.

Bulls will eye $50 as the next milestone if volumes hold.

A broader rally could help strengthen the bullish outlook, with HYPE having hit an all-time high above $59 in September 2025.

However, downside risks persist, including broader market downturn and platform-related issues.

In this case, key support levels include the primary zones around $28 and $20.

Justin Sun’s Tron network has joined the Agentic AI Foundation to prepare and support the widespread adoption of AI agents.

In an announcement on Monday, Tron’s decentralized autonomous organization (DAO) revealed that the Tron network has signed on as a member of the Agentic AI Foundation (AAIF) and will serve on its governing board.

Tron DAO said that there will be significant demand coming from agentic AI in the future, and as such, it requires collaboration and interoperability to establish systems that can handle “continuous, high-volume, low-value transactions efficiently at scale.”

“Interoperable frameworks are expected to play an important role in ensuring that AI agents can operate across platforms and services without creating fragmented ecosystems,” the DAO said.

Last month, Stripe CEO and co-founder Patrick Collison and co-founder John Collison said there is a significant infrastructure gap in blockchain and said significant scaling improvements would be required to meet this incoming demand.

“By supporting the development of open infrastructure through the Foundation, TRON DAO aims to contribute to collaborative standards that make AI agents easier to build, safer to operate, and more accessible,” it added.

Source: Justin SunThe AAIF is run by the Linux Foundation and was designed to promote open-source agentic AI development, alongside helping establish industry standards for governance, safety, and interoperability. Tron joins the likes of Circle and JPMorgan in jumping on board the AAIF.

Tron’s 2026 focus is AI, says founderSun last month said that AI will “definitely” be a key focus for the network this year, arguing that Tron’s speed, scalability, and low fees are prime for hosting agentic AI transactions.

Sun indicated that the network is working on building infrastructure and collaborating to support AI demand. One recent example is the Bank of AI, a financial layer built for AI agents by AINFT, which first launched on Tron and BNB Chain in mid-February.

Source: TronDAODeFiLlama data indicates that Tron currently tops the charts in terms of revenue generated by all blockchains across the past 24 hours, seven days, and 30 days, at $1.01 million, $6.54 million and $25.58 million apiece.

Earlier this month, Sun indicated that some of the revenue is being driven by AI.

“AI is scaling fast. When agents transact, demand shows up in the network metrics. TRON keeps leading on real usage,” he said.

Magazine: AI won’t make you rich but crypto games might, Axie founder steps down: Web3 Gamer

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

Arthur Hayes is making a high-conviction bet on Hyperliquid, arguing in a new essay that HYPE could climb to $150 by August 2026 even if the broader crypto backdrop stays weak. His case rests on a familiar exchange-token playbook, but updated for a market where decentralized perps, not centralized venues, are increasingly capturing the most valuable trading flow.

Why Hayes Thinks Hyperliquid Can Reach $150 Hayes frames Hyperliquid as the standout asset in a sluggish or sideways market because exchanges can keep generating fees regardless of whether prices are rising. In his telling, that matters even more for Hyperliquid because 97% of protocol revenue is used to buy back HYPE from the market. “Hyperliquid, the dominant perp DEX, is the largest revenue-generating project that isn’t a stablecoin,” he wrote. “No other project in all of crypto hands as much money back to token holders as Hyperliquid.”

His target implies roughly a 5x move from about $30 at the time of writing. To get there, Hayes says Hyperliquid would need to lift 30-day annualized revenue to $1.4 billion, a level he says the platform previously reached in August last year. His model also assumes the market will rerate the token from around 12 times earnings to roughly 25.2 times, still below or near the range he cites for major traditional exchange names.

A large part of the thesis is that Hyperliquid does not need an overall expansion in crypto derivatives activity to grow. It only needs to keep taking share from centralized exchanges. Hayes argues that a 3.97 percentage-point increase in market share would be enough for Hyperliquid to return to that $1.4 billion annualized revenue run rate.

The engine for that next leg, in his view, is HIP-3, Hyperliquid’s permissionless perpetuals listing framework. Users who stake 500,000 HYPE can launch markets using the platform’s matching and margin engine, and Hayes points to early traction in silver, gold, the Nasdaq 100 and the S&P 500. “In only four months, HIP-3 volumes account for close to 10% of total Hyperliquid revenues,” he wrote. “Permissionless listings were always the holy grail of DEXs, and the rapid growth in trading volumes proves this is how Hyperliquid will differentiate itself from the pack.”

That is why his model assumes HIP-3 revenue rises 160% over six months. He also flags HIP-4, which he says should enable permissionless prediction markets, as a possible upside kicker not included in the base case.
Competition is the main objection Hayes tries to neutralize. He argues that headline volumes across perp DEXs can be distorted by wash trading, points farming and other incentives, making raw volume a poor measure of real usage.

His preferred metric is ADV-to-OI, or average daily volume relative to open interest, because open interest requires real capital to be posted. On that basis, he says Hyperliquid has the most “real” volume among the top five perp DEXs. He also says order-book snapshots for Bitcoin perps showed Hyperliquid was usually the cheapest place to execute size once slippage was included.

Hayes also spend time on token supply overhang, another issue that had made him tactically bearish late last year. He notes that the team distributed close to 20% of awarded tokens in November and December, but only about 1% in January and February. “With that out of the way, the team drastically reduced distributions in order to help HYPE rebound,” he wrote, while acknowledging that this part is speculative.

Even his stress case stays constructive. Hayes says that if the market only pays a 12x earnings multiple and the team receives 9.91 million HYPE per month, but revenue still recovers to $1.4 billion annualized, the token would still be worth about $58, or roughly 75% above current levels.

At press time, HYPE traded at $33.237.

HYPE rises back above the 200-day EMA, 1-week chart | Source: HYPEUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com

A crypto analyst known for calling the 2022 Bitcoin crash says the BTC market is showing resilience amid global uncertainty.

Pseudonymous analyst Capo tells his 909,000 followers on X that key metrics show Bitcoin’s market remains strong as the top crypto asset hovers around $69,000, after reaching a high this week at around $73,000.

“Despite the events, the strength that the market is showing is undeniable. Bears keep getting trapped.”

The analyst shares a chart highlighting the recent buying and selling volume of Bitcoin, suggesting the market is absorbing large volume sell-offs.

Source: Capo/X The analyst also shares another chart that shows a lack of sell-orders in the $70,000 range, suggesting most investors are holding in anticipation of higher price targets.

Source: Capo/X The analyst says if Bitcoin can convincingly regain $72,000 as a support level, he expects a quick move up into the $80,000 range.

“Just needs a strong candle close above $72,000 and we should see $85,000+ with alts outperforming.”

The analyst also notes that the 10-day relative strength index (RSI), a momentum oscillator used to determine overbought or oversold conditions, is flashing bullish in an unprecedented way.

“10-D RSI reaching oversold zone. This is literally the first time in the history of Bitcoin.”

Source: Capo/X Bitcoin is trading for $69,202 at time of writing, up 1.6% on the day.

Generated Image: Midjourney

David Pokima

Author

David Pokima

Part of the Team Since

Jun 2023

About Author

David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable blockchain news.

Has Also Written

Fact Checked by

CryptoNews Editorial Team

Author

CryptoNews Editorial Team

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...

Has Also Written

Last updated: 

5 minutes ago

The Ethereum price is fighting to hold the $2,000 line as sellers test the market’s resolve. The asset is trading at $2,050 with a weekly Relative Strength Index (RSI) of 33, signaling a crucial decision point.

$2,000 represents a longstanding psychological level that bulls have defended since the February lows. The ETH RSI reading is arguably the most important metric right now. It sits just above the “oversold” threshold of 30, a zone that has historically preceded sharp relief bounces or accumulation phases.

While macro headwinds and oil macro pressure weigh on the broader sector, due to the ongoing tensions between the US and Israel, Ethereum price action suggests a coil is tightening.

24-hour volume for ETH USD has hit $22.4Bn, with the sell-side slowing, indicating that while aggressive selling has calmed, buyers remain hesitant to commit capital until a confirmed reversal signal is in place.

SOURCE: TradingViewEthereum Price Prediction: Is the $2,000 Defense Sustainable?The daily chart shows the Ethereum price trapped in a high-tension consolidation block between $1,930 and $2,050, and until either side is breached, this ranging is likely to continue.

The structure is undeniably bearish in the immediate term, with lower highs pressing against static support. However, crypto technical analysis often favors contrarian plays when the market is spooked, and right now, the Fear & Greed Index is sitting at 13/100, marking ‘Extreme Fear’.

The setup mirrors strategies often used for oversold stocks, where deep pullbacks into liquidity zones offer asymmetric risk-reward ratios for patient traders. The current consolidation suggests bears are losing momentum, but they haven’t surrendered control.

SOURCE: Fear & Greed IndexIf the $2,000 level holds, the immediate target is to reclaim the 20-day EMA near $2,120. A breakout above this moving average would signal strength and open the door to $2,350.

But if support at $1,930 fails, the floor drops out. Liquidity hunters will likely target the $1,760 zone, flushing out late longs before any meaningful recovery can occur.

This weakness contrasts with competitors. Recent Solana price prediction models highlight how alternative L1s have maintained stronger market structures during this correction, adding pressure on ETH to perform.

DISCOVER: Next Crypto to Explode in 2026

The Levels That Change Everything for ETH My view is ETH is sitting on a major long term support line.
This is a key area. If it holds, $ETH can still bounce and rebuild. If it loses this level on the weekly, I think the structure starts looking weak.#IranIsraelUS pic.twitter.com/yIPdMjgrkJ

— CryptonautX (@CryptonautX_) March 10, 2026 Traders have defined clear Ethereum support levels that could dictate the trend for March, and the market is now waiting for a definitive close to confirm the next direction for ETH USD.

To the upside, $2,120 is the level to watch. A daily close above this resistance invalidates the immediate bearish thesis and could trigger a short squeeze toward $2,200.

This move would likely coincide with a shift in Bitcoin dominance as capital rotates back into Ethereum and the broader altcoin market.

To the downside, $1,930 is the line in the sand, and a breach here would expose the April 2025 lows of $1,470. While the ETH RSI suggests a bounce is due, the price structure remains king.

The definitive signal bulls are waiting for is a high-volume breakout above $2,120; until then, the trend and global macroeconomic tensions favor the bears.

EXPLORE: Best Crypto Presales to Buy in 2026

After three straight years of huge gains, the Nasdaq-100 index has gotten stuck in 2026.

Concerns about how artificial intelligence (AI) could negatively disrupt the global economy and about valuation levels have turned the index from a leader to a laggard. It's traded in a fairly tight range this year, so it hasn't necessarily experienced a pullback, but it's not adding to returns the way it once did.

Things have been a bit better recently, though. From Feb. 27 -- the last market day before the Israel-U.S. war against Iran started -- through market close March 9, the Invesco QQQ ETF (QQQ +1.34%), which tracks the Nasdaq-100, is beating the Vanguard S&P 500 ETF (VOO +0.87%).

QQQ data by YCharts

We shouldn't draw any major conclusions from just a few trading days. But after 2026's relative struggles for tech stocks, it's worth asking if the Nasdaq-100 rally has run out of steam or if there's still room left to run.

Let's break down the major catalysts for the tech sector right now.

Image source: Getty Images.

Tech still expected to lead in earnings growth Investments into AI paid off for the "Magnificent Seven" companies in 2025. Both earnings and revenues accelerated even as questions arose about whether all of that spending is ultimately going to be worth it.

But 2025 isn't expected to be the end of it. The tech sector is expected to deliver the biggest earnings and revenue growth of all of the 11 S&P 500 sectors in 2026, according to some estimates. In 2027, the earnings growth rate is expected to slow to "only" 20%, but the sector is again forecast to have the highest revenue growth rate.

Over the long term, earnings growth is perhaps the biggest driver of stock performance, while anything can happen in the shorter term. But as long as the hundreds of billions of dollars being poured into AI development don't turn into a complete waste, the earnings story for tech is still attractive.

AI is still the big longer-term theme An awful lot has happened since ChatGPT first launched back in late 2022. But it's important to keep in perspective that we're still in the early innings of the AI revolution. Over the coming years and decades, there's very likely to be a lot more incredible advances.

To be fair, there's probably more volatility ahead for the tech sector and U.S. stocks more broadly. A lot of these emerging sectors and themes see their stock prices go through boom/bust cycles at first before settling into a steadier long-term cycle. I think that if investors are willing to ride out some of the potential short-term volatility and downside risk, the rewards over the next decade could be quite good.

Valuations aren't too stretched U.S. stock valuations are higher than their historical averages. That part isn't in question. But they're not egregiously out of whack.

The forward price-to-earnings (P/E) ratio for the S&P 500 information technology sector is 24.2. That's above its long-term average, but that number was around 31 not too long ago. This sector isn't nearly as expensive as it was even a year ago.

If you consider that number in relation to expected earnings growth over the next year, the valuation in this sector and the Nasdaq-100 actually aren't all that unreasonable. If these companies can deliver on current expectations, stocks might not need to experience a major valuation contraction at all.

Nasdaq-100 vs. S&P 500 If your holding period is a decade or more, I think the Nasdaq-100 is the better play. Now, given how far tech stock prices have risen over the past three years with very few interruptions, I wouldn't be surprised to see the rally take a bit of a breather. So, in that sense, the S&P 500 might still be the better short-term play, especially considering how many non-tech sectors are producing gains right now. But I think a tech index will be stronger in the long run. 

For Nasdaq-100 exposure, I wouldn't choose the Invesco QQQ ETF. Instead, I'd go with the Invesco Nasdaq-100 ETF (QQQM +1.31%). It also tracks the Nasdaq-100 but does so with a lower 0.15% expense ratio compared to QQQ's 0.18%. It's a small advantage, but one you might as well take if it's sitting there if this ETF fits your needs. 

In today's video, I discuss recent updates affecting Marvell (MRVL +3.43%) and other AI stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of March 9, 2026. The video was published on March 9, 2026.

Jose Najarro has positions in Marvell Technology and Nvidia. The Motley Fool has positions in and recommends Marvell Technology and Nvidia. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

ABU DHABI, United Arab Emirates, March 10, 2026 (GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company, and Viasat, Inc., a global leader in satellite communications, discussed continued progress toward their planned direct-to-device (D2D) infrastructure and offered an early look at the priorities for Equatys, the companies' forthcoming joint entity, during a co-hosted program at Mobile World Congress in Barcelona last week. The program marked the first public showcase of Equatys' technical direction and commercial vision, reflecting its ambition to accelerate global D2D adoption. This event brought together policymakers, regulators, and industry leaders to explore how competition, resilience, and sovereignty can be advanced simultaneously, along with enabling new business cases, turning space-enabled mobility into a shared success story for all.

Space42 and Viasat are the cofounders of Equatys, bringing together over 60 years of combined mobile satellite services experience. Equatys is designed as an independent, neutral, multi-participant shared infrastructure platform to extend 3GPP-based connectivity to the billions underserved by terrestrial networks. Since announcing Equatys in September 2025, the cofounders have advanced the program across initiation of venture formation, engineering development, and initial commercial engagement with Mobile Network Operators (MNOs), marking concrete progress toward phased deployment.

Mark Dankberg, CEO and Chairman of Viasat, said: "Space-enabled mobility is a foundational layer for global, seamless connectivity. With Equatys, we are building a platform that empowers nations, operators, and innovators to extend secure, affordable, 3GPP-aligned satellite connectivity to billions. This scalable global model ensures the full ecosystem of participants can benefit from lower barriers to entry, expanded supplier diversity and economies of scale, and stronger competitive dynamics across the value chain. We are committed to delivering a frictionless end-user experience with seamless handover enabling choice for the carriers. "

Karim Michel Sabbagh, Managing Director of Space42, said: "Equatys reflects disciplined execution against a clear objective: combining the scale of terrestrial networks with the efficiency of space. The collaboration is rooted in Space42's strategy to become a global leader in Non-Terrestrial Networks, and to date has achieved significant engineering milestones, with subscription agreements underway, mobile network operators engaged, and international filings submitted. Equatys demonstrates how space-enabled mobility can modernize legacy Mobile Satellite Services, augment terrestrial networks in lacking areas, and unlock new services across markets."

Ali Al Hashemi, CEO of Space Services at Space42, commented: "Equatys is being built on the principle that shared infrastructure benefits all. The spectrum access model allows nations to retain their sovereign autonomy and licensee control, while advancing satellite capacity with significant cost savings. Combined with a standards-based architecture designed to allow seamless, automatic transition between terrestrial and satellite networks, we intend to scale space-enabled connectivity to those beyond traditional network reach."

Constellation Architecture and Spectrum Strategy

The system is expected to operate initially in globally harmonized L- and S-band MSS spectrum, with technical capability to operate across over 100 MHz of globally allocated and coordinated MSS spectrum. By aligning with 3GPP standards, the platform will integrate terrestrial and satellite networks, enabling seamless transition when terrestrial service becomes unavailable. This will be done while preserving operators’ choice within the -Terrestrial Network ecosystem.

Operating on a Tower Co. model, Equatys intends to deliver the lowest unit cost of satellite capacity while preserving each partner's spectrum rights and sovereign interests. The model is designed to welcome additional cofounders, satellite operators, and spectrum holders as the ecosystem takes shape. Efficient payload and ground technologies are intended to minimize mass-to-orbit requirements while supporting long-term scalability and capital efficiency.

Equatys' shared multi-tenant infrastructure will be supported by up to 2,800 satellites across 60 orbital planes and three altitude layers, deployed by Viasat and Space42. The architecture is intended to densify without fundamental redesign, enabling ecosystem growth at a market-responsive pace and catering to billions of potential users as demand scales.

Commercial Momentum

Space42 has announced partnerships to explore Equatys-enabled D2D connectivity with e& UAE, the flagship telecom arm of global technology group e&, and with PT Telkom Satelit Indonesia (Telkomsat), Indonesia's national satellite operator.

These engagements reflect operator interest in extending coverage through integrated satellite-terrestrial architectures, aligned with national regulatory frameworks and 3GPP standards.

The venture remains subject to definitive agreements, regulatory approvals, and customary closing conditions. The companies intend to provide further updates as Equatys progresses toward formal establishment.

About Space42

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC.

For more information, visit: www.space42.ai; follow us on X: @space42ai

About Viasat

Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are, on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube.

Copyright © 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Legal Notice and Cautionary Statement regarding forward-looking information

This announcement may contain forward-looking statements based on current expectations and assumptions about future events. These statements, identified by terms such as "expect," "will," or similar, are subject to risks and uncertainties and may prove inaccurate. They reflect information available as of the date hereof, and the companies disclaim any obligation to update them. No assurance is given that any forward-looking statement will occur, and undue reliance should not be placed on them. This announcement does not constitute a financial promotion or an offer to buy or sell securities in any jurisdiction. 

Contact: [email protected]

Yann LeCun, Vice President & Chief AI Scientist at Meta attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. REUTERS/Yves Herman/File Photo Purchase Licensing Rights, opens new tab

March 10 (Reuters) - Advanced Machine Intelligence, the startup founded by former Meta Platforms chief AI scientist Yann LeCun, said on Tuesday ​it raised $1.03 billion based on a $3.50 billion pre-money valuation, as it ‌seeks to commercialize artificial intelligence systems built around reasoning, planning and "world models."

The financing positions the company as a test of LeCun's belief that today's large language models fall ​short of human-level reasoning and autonomy.

Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here.

The funding round was co-led by ​Cathay Innovation, Greycroft, Hiro Capital, HV Capital and Bezos Expeditions.

Meanwhile, ⁠Meta (META.O), opens new tab has been intensifying its push into LLM development. In June 2025, ​the company reorganized its AI efforts under a division called Meta Superintelligence Labs led ​by former Scale AI CEO Alexandr Wang.

LeCun joined Meta in 2013 to found Facebook AI Research, later known as FAIR, and became one of the company's most prominent AI ​leaders before departing at the end of 2025.

In an interview with Reuters, LeCun ​said AMI aims to build systems capable of reasoning and planning in complex real-world settings. ‌He ⁠added that current AI approaches based on predicting the next word or pixel will not produce broadly capable intelligent agents by themselves.

The company's near-term target customers are organizations operating complex systems, including manufacturers, automakers, aerospace companies, biomedical firms ​and pharmaceutical groups. "We ​want to become ⁠the main provider of intelligent systems, regardless of what the application is," LeCun said.

Over time, he added, the technology ​could also support consumer applications. "What consumers could be interacting ​with is ⁠a domestic robot. You need a domestic robot to have some level of common sense to really understand the physical world."

LeCun said he was also talking ⁠with Meta ​about potentially deploying the technology in its ​Ray-Ban Meta smart glasses. "That's probably one of the shorter term potential applications," he said.

Reporting by Katie ​Paul in New York and Anhata Rooprai in Bengaluru; Editing by Alan Barona

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

36.71K 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.