Market Signal Briefing

THOR Industries (THO) remains a 'hold', as industry headwinds and economic risks offset its attractive valuation and market leadership. Recent results showed revenue rising to $2.39B and net profit swinging to $21.7M, driven by strong wholesale motorized RV demand. Management's 2026 guidance is cautious, projecting revenue of $9–$9.5B and EPS of $3.75–$4.25, below 2025 levels.

CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced the launch of Corning® Gorilla® Glass Ceramic 3, the toughest Gorilla Glass Ceramic ever made. Designed to help deliver enhanced durability across a device's lifetime, Gorilla Glass Ceramic 3 will be featured on Motorola's upcoming razr fold device. “We engineer our materials with longevity in mind, not just initial performance,” said Lori Hamilton, Division Vice President & Business Technology Director, Cornin.

Vancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that has commenced a core drilling program that will provide essential geotechnical data for its Candelaria Silver Project in Nevada. In parallel, the company has engaged Call & Nicholas, Inc., a globally recognized geotechnical engineering firm, to conduct a pre-feasibility level ("PFS") pit-slope stability study in support of a conceptual PFS open-pit design. This work represents a major advancement toward the Company's planned PFS, scheduled for completion in Q4 2026.

The drilling program includes nine HQ-diameter (63.5 mm) core holes totaling approximately 1,900 metres, strategically positioned within and along the margins of the proposed open-pit footprint (See Figure 1). The resulting geotechnical data will guide slope design, optimize mine engineering, and support long-term operational safety and efficiency.

Candelaria stands out as one of the most compelling emerging silver projects in the United States. A former producing mine with a long history of successful operations, the project benefits from previous permitting, excellent infrastructure (including power and water), road access year-round, and significant potential for resource expansion along strike and at depth. These advantages position Candelaria as a rare combination of scale, simplicity, and growth opportunity in a Tier-1 jurisdiction.

The project currently hosts a substantial resource potentially suitable for open-pit development, including:

Measured & Indicated ("M&I"): 22,070,000 tonnes grading 94 g/t Ag and 0.20 g/t Au, containing 66.754 million ounces of silver and 141,400 ounces of gold, or 70.84 million ounces AgEq

Inferred: 2,960,000 tonnes grading 68 g/t Ag and 0.18 g/t Au, containing 6.462 million ounces of silver and 17,000 ounces of gold, or 7.00 million ounces AgEq

This open-pit resource constitutes only a portion of the overall property resources, which also include two heap leach pads hosting substantial amounts of silver and gold. The current global resource for the property amounts to 108.18 million ounces AgEq M&I plus 29.53 million ounces AgEq Inferred (See Table 1 and 2; Company news release dated May 6, 2025; and complete details in the NI 43-101 Technical Report "Mineral Resource Estimate on the Candelaria Property" dated April 30, 2025, filed on SEDAR+).

Gregory Crowe, President and CEO, commented: "Launching the geotechnical drilling program and commissioning Call & Nicholas for the PFS-level slope-stability study marks a major milestone in de-risking and advancing Candelaria. This work provides the engineering backbone for our open-pit design and is essential to delivering a robust pre-feasibility study. With its strong resource base, past-producing history, excellent infrastructure, and clear potential for expansion, Candelaria continues to demonstrate why it is one of the most exciting silver development projects in Nevada."

Figure 1. Planned geotechnical drill-hole location map (UTM NAD83 11S). Blue line shows the perimeter of the proposed pit design.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4730/285851_e18aa4234463c854_001full.jpg

Table 1. Candelaria in-ground, underground, and stockpiles mineral resource estimates. The mineral resource estimate has an Effective Date of April 30, 2025.

Table 2. Candelaria Leach Pad mineral resources. The mineral resource has an Effective Date of August 6, 2020.

Qualified Persons

The technical content of this news release, not related to the mineral resource, has been reviewed and approved by Robert M. Cann, P. Geo, a Qualified Person as defined by National Instrument 43-101 and an independent consultant to the Company.

About Silver One

Silver One is focused on the exploration and development of quality silver projects. The Company holds 100% interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production. Additional opportunities lie in previously identified high-grade silver intercepts down-dip and potentially increasing the substantive silver mineralization along-strike from the two past-producing open pits.

The Company owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 km along-strike.

Silver One also owns a 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect that lies within the "Arizona Silver Belt," immediately adjacent to the prolific copper producing area of Globe, Arizona.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Silver One cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Silver One's control. Such factors include, among other things: risks and uncertainties relating to Silver One's limited operating history, ability to obtain sufficient financing to carry out its exploration and development objectives on the Candelaria Project, obtaining the necessary permits to carry out its activities and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Silver One undertakes no obligation to publicly update or revise forward-looking information.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285851

Source: Silver One Resources Inc.

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Hayes claims every US president since 1985 launched Middle Eastern military action, followed by Federal Reserve monetary easing.He advises investors to wait for actual Fed rate cuts before buying Bitcoin and select altcoins.Bitcoin trades near $66,200, down 47% from its October 2025 all-time high, with fear sentiment at extremes.BitMEX co-founder Arthur Hayes published a new essay on March 2 arguing that prolonged US military engagement with Iran would increase the likelihood of Federal Reserve rate cuts and money printing, ultimately driving Bitcoin higher.

His thesis rests on a four-decade pattern: every major US military campaign in the Middle East has been followed by Fed easing, and he expects Iran to be no different.

War and the Fed: A Recurring PatternIn “iOS Warfare,” Hayes presented a historical analysis linking US military operations in the Middle East to subsequent monetary easing by the Fed. He noted that every US president since 1985 has launched missile strikes or full-scale wars against Middle Eastern countries, and that the Fed consistently lowered interest rates in the aftermath.

Hayes cited three precedents. During the 1990 Gulf War under President George H.W. Bush, the Fed held rates steady at its first post-war meeting but signaled easing was likely if the conflict dragged on. The central bank cut rates at its November and December 1990 meetings, even as oil-driven inflation persisted.

After the September 11 attacks in 2001, Fed Chair Alan Greenspan pushed through an emergency 50-basis-point rate cut, citing downward pressure on asset prices and the need to restore economic confidence. The wars in Iraq and Afghanistan that followed were accompanied by an extended easing cycle.

Under President Obama’s 2009 troop surge in Afghanistan, rates were already at zero, and quantitative easing was underway, leaving no further room for cuts.

Turning to the present, Hayes framed Trump’s apparent endorsement of regime change in Iran as following the same pattern. He argued that Iranian regime change has been a bipartisan objective among US policymakers since 1979, giving the Fed political cover to ease monetary policy to finance the effort.

Hayes supported his argument with a chart showing that the percentage of the federal budget allocated to the Department of Veterans Affairs rose twice as fast as aggregate federal spending since 1985, alongside declining effective Fed Funds Rates following major military engagements.

Wait for the CutDespite his bullish long-term outlook, Hayes advised caution in the near term. He recommended investors wait for the Fed to actually cut rates or begin printing money before adding exposure to Bitcoin and select altcoins.

“We do not know how long Trump will remain interested in spending billions, if not trillions, of dollars reshaping Iran’s politics to his liking,” Hayes wrote. “The prudent action is to wait and see.”

Bitcoin was trading around $66,200 at the time of publication, down nearly 30% year-over-year and roughly 47% below its all-time high of $126,000 reached in October 2025. The coin has fallen for five consecutive months, with the Crypto Fear and Greed Index stuck in extreme fear territory.

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In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Bitcoin pushed back above $67,000 even as geopolitical tensions between the United States and Iran rattled global markets and pressured risk assets.

The rebound has surprised traders who expected a deeper drawdown under heightened macro uncertainty.

The asset dropped to as low as $60,030 in the early hours of the 28th of February after tensions escalated and fear spread across financial markets.

Yet, instead of extending its losses, Bitcoin [BTC] stabilized and advanced toward $68,000, recovering a significant portion of its decline within hours.

Such resilience appears counterintuitive. Historically, geopolitical escalations have triggered sustained risk-off reactions, often leading to prolonged weakness in speculative assets.

Bitcoin’s swift rebound therefore raises a critical question: does this strength reflect genuine accumulation, or is it a temporary rally within a broader corrective phase?

A familiar pattern from 2022? Market analyst Benjamin Cowen has urged caution. According to his recent assessment, the current price structure resembles Bitcoin’s behavior during the 2022 Russia–Ukraine conflict.

In 2022, Bitcoin initially sold off as geopolitical tensions intensified. It then staged a sharp rebound that many interpreted as the start of a recovery.

However, that rebound formed a lower high before the market resumed its downtrend.

The subsequent decline proved severe. Bitcoin fell approximately 67%, sliding from around $48,189 to a cycle low near $15,476.

Source: TradingView

Cowen argues that the present setup may be tracing a similar fractal.

If the pattern holds, Bitcoin could experience a relief rally into the $70,000–$84,000 range before forming another lower high and extending its broader correction.

Cowen noted,

“Bear markets tend to take a while to play out.”

He added that even if March delivers upward momentum, the move may resemble the 2022 lower-high structure rather than confirm a sustained bull cycle.

Cowen has maintained a cautious long-term stance on Bitcoin for months, and this latest analysis reinforces his view that the market may not have completed its corrective phase.

Trading below realized price shifts the risk balance Beyond technical structure, on-chain data adds another layer of concern.

At the time of analysis, Bitcoin traded below this adjusted realized price, estimated near $72,700. Historically, this level has acted as a structural support zone during expansion phases.

In both June and September 2023, price found stability around similar cost-basis levels before advancing.

Source: CryptoQuant

However, when Bitcoin last broke below this threshold in May 2022, the market endured sustained weakness until March 2023 before regaining stability.

Trading below the realized price often indicates that a large portion of active holders sit at an unrealized loss.

That condition can dampen demand, reduce conviction, and increase the likelihood of supply entering the market during rebounds.

If historical behavior repeats, Bitcoin could face an extended period of consolidation or gradual decline before establishing a durable recovery.

Liquidation clusters heighten volatility risk Derivatives positioning further complicates the outlook. Liquidation data suggests the market holds significant leveraged exposure on both sides, increasing the probability of sharp, forced moves.

On the upside, $68,596 represents a high-interest zone where substantial 50x and 100x short positions are concentrated.

A decisive breakout above this level could trigger cascading short liquidations and amplify upward momentum.

On the downside, $65,656 carries similar leverage concentration among long positions. A breakdown below this level could force liquidations and accelerate selling pressure.

Source: CoinGlass

With leverage elevated and geopolitical risk unresolved, Bitcoin sits in a structurally sensitive position. A decisive move in either direction could trigger a volatility cascade.

For now, the rally above $67,000 reflects resilience.

Whether it marks genuine strength or a classic bull trap will likely depend on whether Bitcoin can reclaim its realized price and avoid forming another lower high in the weeks ahead.

Final Summary Bitcoin’s recovery comes despite rising geopolitical tensions between the United States and Iran. The asset now trades below its adjusted cost basis, a development that historically signals structural weakness.

In brief HYPE rose about 6% even as Iran headlines drove weekend volatility. Hyperliquid absorbed early volume as price moves formed before traditional futures reopened. Weekend shocks may turn always-on perps into a repeat venue for early risk pricing and fee growth, Decrypt was told. As tensions escalated over Iran-related headlines this weekend, Hyperliquid’s HYPE token rose about 6% as traders turned to the always-on decentralized perpetuals platform to express risk while many traditional markets were closed.

Bitcoin and other risk assets fell as Iran-related tensions escalated, while oil and gold moved higher amid a broader risk-off shift. Volatility rose, and funding rates turned negative across crypto derivatives markets as traders adjusted positioning.

Hyperliquid is a decentralized exchange that lets traders buy and sell perpetual futures contracts directly on-chain without using a centralized intermediary.

Its native token, HYPE, fell to about $26.2 at the end of February, in line with the broader market pullback, before surging to roughly $32 as volatility picked up on Sunday.

The token is up about 25% year to date, though it remains well below its September peak near $58, per CoinGecko data.

Trading volume over the last 24 hours for the exchange reached a near one-month high on Saturday, rising to a peak of $200 million before dissipating as traders digested the risk premium to global energy markets.

Always-on tradingHyperliquid was one of the few venues open and liquid as volatility picked up over the weekend, drawing trading activity at a time when equity futures and many centralized crypto platforms were either closed or operating with thinner books.

“As a decentralized perpetuals platform, it was one of the few venues actually open and liquid when the Iran headlines hit, and in a weekend event where centralized venues are closed off to face thin liquidity,” Ryan McMillin, chief investment officer at Merkle Tree Capital, told Decrypt.

Geopolitical shocks “make the case for non-custodial, always-on trading infrastructure,” McMillin added, noting how HYPE appears to sit “at an interesting intersection.”

Hyperliquid’s token “benefits both from volume-driven fee revenue during chaos events and from any broader rotation away from centralised exchange risk,” he said. “It's worth watching whether weekend crisis volume is becoming a structural tailwind rather than a one-off.”

For HYPE, this ties geopolitical shocks directly to trading volume and fee activity, supporting the view that off-hours crises may become a repeat source of demand.

First responseDecentralized platforms like Hyperliquid’s are increasingly serving as “the first-response venue for geopolitical risk,” Dominick John, analyst at Kronos Research, told Decrypt.

“Institutions leverage these always-on markets to anticipate moves in conventional venues, using on-chain perpetuals to hedge before broader markets open,” John explained, adding that such a function positions decentralized venues “for early risk pricing.”

Weekend geopolitical shocks provide decentralized perpetuals exchanges “a structural edge” that captures “risk-driven flow while TradFi sleeps,” he added.

While platforms like Hyperliquid could serve that purpose, most other perpetual decentralized exchanges, including its own HIP-3 markets, would still need to “achieve much deeper order book liquidity to onboard institutional traders,” Siwon Huh, researcher at Four Pillars, told Decrypt.

On Hyperliquid, new markets require HYPE to be staked, and much of the platform’s fees go toward HYPE buybacks, meaning volatility and trading growth can directly increase demand for the token, which has also shown lower correlation to Bitcoin than many other altcoins, he explained.

“For now, they appear to have already established themselves as highly useful exchanges at the retail level,” Huh said, adding that the weekend geopolitical shocks are likely to “capture demand from liquidity providers requiring hedging at a much larger scale.”

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On Monday, March 2, the ISM Manufacturing report can quickly reset the growth narrative. On Wednesday, March 4, traders get ADP private payrolls and the ISM Services report, which often shapes positioning into the labor data.

The main event is Friday, March 6, when the Bureau of Labor Statistics releases the US jobs report (Nonfarm Payrolls) at 0800 ET, a print that frequently moves Treasury yields and the dollar immediately.

Bitcoin often trades like a high-beta “liquidity” asset when rates move. Hot data can push yields higher and make it harder for BTC to sustain rallies.

Cooler data can help by reviving rate-cut hopes, but the reaction can still be choppy if traders read the weakness as a growth scare rather than a clean disinflation signal.

Bitcoin Pennant Keeps $52,000–$51,800 Target in Play Bitcoin’s rebound is also unfolding inside what looks like a bear pennant on the daily chart, forming after the sharp drop from the $73,000–$74,000 area into the $63,000 low.

XRP price started a recovery wave above $1.3820 but failed near $1.420. The price is now consolidating and might aim for a fresh move above $1.420.

XRP price started a recovery wave above the $1.3820 zone. The price is now trading below $1.3880 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1.360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.40. XRP Price Faces Resistance XRP price remained supported above $1.30 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.3250 and $1.350 to enter a short-term positive zone.

There was also a move above the 50% Fib retracement level of the downward move from the $1.4936 swing high to the $1.2702 low. Besides, there was a break above a bearish trend line with resistance at $1.360 on the hourly chart of the XRP/USD pair.

The bulls even pushed the price above $1.3820 but they struggled to keep the price above $1.40. The price is now trading below $1.3880 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3820 level.

Source: XRPUSD on TradingView.com The first major resistance is near the $1.4080 level or the 61.8% Fib retracement level of the downward move from the $1.4936 swing high to the $1.2702 low.  A close above $1.4080 could send the price to $1.420. The next hurdle sits at $1.440. A clear move above the $1.440 resistance might send the price toward the $1.4550 resistance. Any more gains might send the price toward the $1.50 resistance.

Another Drop? If XRP fails to clear the $1.4080 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.340 level. The next major support is near the $1.3220 level.

If there is a downside break and a close below the $1.3220 level, the price might continue to decline toward $1.30. The next major support sits near the $1.2880 zone, below which the price could continue lower toward $1.2720.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $1.340 and $1.3220.

Major Resistance Levels – $1.3820 and $1.4080.

Breaking Signal·Market Impact: Low

Hyperliquid jumped 3.31% to $31.89, topping the gainers chart, according to CoinGecko data. Provenance Blockchain led the downside with a 10.76% drop to $0.0157 as decliners outpaced risers among larger caps. Rounding out the winners were MemeCore, LEO Token, Ondo US Dollar Yield and Beldex, while Decred, Pepe, Toncoin and Render lagged.

Top Gainers Hyperliquid (HYPE) rose 3.31% to $31.89, lifting its market capitalization to $7.60B. The token powers Hyperliquid, a decentralized derivatives venue built around an order book model and onchain settlement. Perps-focused platforms have seen persistent trader interest, keeping attention on exchange tokens tied to liquidity and fee capture. Liquidity depth and funding dynamics often steer flows in this corner of the market, and HYPE tracked that bid today.

MemeCore (M) added 2.68% to $1.51, bringing its market cap to $2.62B. M is the native token of the MemeCore ecosystem. No specific news has been tied to the move. The advance came alongside a mixed session for higher-beta tokens.

LEO Token (LEO) advanced 1.71% to $9.14, with a market cap of $8.42B. LEO is the utility token for iFinex, offering trading fee discounts and other benefits on Bitfinex. The token’s supply is subject to a buyback-and-burn mechanism funded by iFinex revenues. The steady uptick tracked a mild bid for exchange-linked assets.

Ondo US Dollar Yield (USDY) inched up 1.04% to $1.12, valuing the token at $711.83M. USDY is an Ondo Finance product that tokenizes U.S. dollar yield exposure, designed to provide onchain access to yield-bearing instruments. Traders pointed to broader altcoin rotation as stable-value assets posted small premiums. The move kept USDY above par while maintaining its core yield narrative.

Beldex (BDX) gained 1.00% to $0.0804, lifting market cap to $611.60M. BDX underpins a privacy-focused network with a masternode architecture and tools aimed at confidential transactions. The asset often moves independently from large-cap cycles given its niche. Today’s incremental climb extended a period of range-bound trading.

Top Losers Provenance Blockchain (HASH) fell 10.76% to $0.0157, putting its market capitalization at $865.71M. HASH fuels Provenance, a chain geared toward financial services, asset tokenization, and onchain banking workflows. The slide erased recent gains as sellers pressed the bid in afternoon trading. Liquidity pockets around prior support gave way, accelerating the drawdown.

Decred (DCR) retreated 7.82% to $30.51, with market cap at $529.41M. Decred combines proof-of-work and proof-of-stake for governance and security, backed by a community treasury. The drawdown marked a rejection of intraweek strength near resistance. Volatility for governance-focused coins remained elevated relative to majors.

Pepe (PEPE) dropped 7.63% to $0.000003, bringing its market cap to $1.45B. The frog-themed memecoin trades with high beta to risk appetite and liquidity cycles. A pullback in momentum names pressured PEPE after recent speculative bursts. Funding and open interest resets often amplify swings in this segment.

Toncoin (TON) slipped 7.01% to $1.20, valuing the network at $2.94B. TON is tied to The Open Network, which pursues high-throughput payments and applications with ties to Telegram’s ecosystem. The selloff reflected risk-off flows into larger caps and stables during the session. Prior support levels offered limited cushion as volumes thinned.

Render (RENDER) declined 6.04% to $1.36, with market cap at $704.93M. Render powers a decentralized GPU rendering marketplace for artists and AI workloads. After a strong multi-week run, the token faced profit-taking as appetite cooled for compute-linked assets. The retrace aligned with reduced bid depth across mid-cap infrastructure names.

Market Outlook Dispersion widened today, with the top gainer up 3.31% while the biggest loser shed 10.76%. Gains skewed modest, led by exchange and utility names, as the downside clustered in tokens sensitive to liquidity and momentum.

Into the week, watch Bitcoin’s range for cues on alt liquidity, and monitor any scheduled macro prints such as U.S. labor data for volatility spillover. Headlines around exchange listings, derivatives funding shifts, or protocol upgrades could quickly reprice the winners-and-losers board.

SourcesCoinGecko

This article was written with AI assistance and reviewed by the The Currency analytics editorial team. Information presented is sourced from publicly available reports. The Currency analytics strives for accuracy but cannot guarantee completeness. This article does not constitute financial advice.

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Bitcoin price started a decent increase above $66,000. BTC is now consolidating above $66,000 and might aim for more gains above $67,200.

Bitcoin started a fresh increase after it settled above the $65,500 support. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $65,500 and $65,000 levels. Bitcoin Price Faces Key Resistance Bitcoin price managed to form a base above the $63,500 zone. BTC started a fresh increase and was able to surpass the $64,500 resistance zone.

The price even rallied above the $67,000 resistance. Finally, the bears appeared near $68,000. A high was formed at $68,180, and the price recently corrected some gains. There was a move below the 50% Fib retracement level of the upward move from the $63,030 swing low to the $68,181 high.

Bitcoin is now trading below $67,000 and the 100 hourly simple moving average. If the price remains stable above $65,000, it could attempt a fresh increase. Immediate resistance is near the $67,000 level. There is also a bearish trend line forming with resistance at $67,000 on the hourly chart of the BTC/USD pair.

Source: BTCUSD on TradingView.com The first key resistance is near the $68,200 level. A close above the $68,200 resistance might send the price further higher. In the stated case, the price could rise and test the $69,500 resistance. Any more gains might send the price toward the $70,000 level. The next barrier for the bulls could be $70,500 and $71,200.

Downside Continuation In BTC? If Bitcoin fails to rise above the $67,000 resistance zone, it could start another decline. Immediate support is near the $65,500 level. The first major support is near the $65,000 level or the 61.8% Fib retracement level of the upward move from the $63,030 swing low to the $68,181 high.

The next support is now near the $64,250 zone. Any more losses might send the price toward the $64,000 support in the near term. The main support now sits at $63,000, below which BTC might struggle to recover in the near term.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $65,500, followed by $65,000.

Major Resistance Levels – $67,000 and $68,200.

Journalist

Posted: March 2, 2026

Jupiter [JUP] bounced back from a $0.14 slip and climbed to a two-week high of $0.176. In doing so, Jupiter flipped its short-term moving averages, EMA20, indicating strong upside momentum. 

As of this writing, the altcoin traded at $0.172, up 17.13% on the daily charts, adding to its weekly gains. The explosive price jumps confirm the strengthening momentum across all market participants.

In fact, after JUP dropped to a low of $0.14, it saw renewed demand with new users taking the opportunity to take positions. Active Daily Addresses rose to 13.3k, up 200, indicating increased network usage. 

Source: Santiment

Jupiter sees fresh capital inflows Interestingly, investors took the recent market weakness as an opportunity to deploy capital. On the Futures side, the altcoin recorded $25.01 million in inflows compared to $23.05 million in outflows. 

As a result, its netflow rose 194.3% to $1.96 million, reflecting increased demand for Futures positions. 

Source: CoinGlass

Meanwhile, the altcoin’s Open Interest rose 22% to $44.07 million, while Derivatives Volume climbed 53% to $101 million. A rise in these two metrics further validated increased demand for Futures positions. 

However, market participants on Binance and OKX seem positioned for another pullback. This is because the altcoin’s Long/Short Ratio was held below 1, around 0.99, with Binance at 0.93 and OKX at 0.89. 

Source: CoinGlass

A ratio below 1 indicates a higher demand for short positions, suggesting most participants expect another slip.

Is the upside momentum sustainable? Jupiter showed strong momentum, as investors jumped into the market to accumulate at a discount following the recent broader market slip.

As a result, the altcoin’s upside momentum strengthened. Its Relative Strength Index (RSI) rose to 55, edging into bullish territory.

At the same time, the price flipped EMA20 and is currently testing EMA50, indicating strong upside momentum.

When these momentum indicators reach such levels, it signals buyer confidence and often follows higher prices.

Source: TradingView

Therefore, if the prevailing sentiment holds and more capital flows, JUP will flip EMA50 at $0.17, flip $0.2, and eye EMA100 at $0.21.

However, this bullish outlook faces a major risk and could hinder a possible trend continuation. On the spot market, after Jupiter rebounded, investors who had been underwater rushed to cash out.

Source: CoinGlass

The altcoin’s exchange inflow outpaced outflows, as Spot Netflow climbed 145% to $677k. The market recorded $5.6 million in inflows compared to $4.9 million in outflows.

If this selling spree continues and intensifies, a market pullback remains imminent. Thus, JUP could drop to $0.14 again before attempting another pullback.

Final Summary JUP surged 17%, touching a local high of $0.176 amid broader market recovery. Jupiter saw renewed speculative demand, but the pullback threat remained as profit takers rushed to cash out.

Journalist

Posted: March 2, 2026

Useless Coin [USELESS] was among the best-performing memecoins during the day as the crypto markets rebounded following the death of Iran’s supreme leader. USELESS rallied over 17% in 24 hours, outpacing the entire crypto market, which rose by 4.71%.

As war tensions cooled off, capital was flowing into the memecoin alongside others like Bitcoin [BTC], which shot up to $67K. Hence, who was responsible for this capital injection that day?

Capital inflows surging Data from Nansen AI showed that buying and liquidity had exploded over the past day.

For instance, the Top PnL traders loaded $75K in net flows, which was a spike of 3x from the average daily inflows. The simultaneous purchases by four wallets in this bracket indicated coordinated conviction.

Whales were not left behind either.

Their net flow of $60K exceeded their normal buying by 1.6X as holdings grew by $2 million, reaching $77 million. These orders came in bits that averaged over 340K USELESS coins for each whale.

Source: Nansen AI

New capital was also embracing USELESS despite its “futility.”

This is because fresh wallets added $351K, which was a spike of more than 220%.

Additionally, the holdings of 4.1 million USELESS tokens remained untouched by smart money. The exchange outflows and dormancy in smart money wallets indicated less immediate sell pressure.

Wintermute supported the memecoin’s active trading liquidity. This was despite the selling of bots when the price hit $0.045.

All this capital inflow explained why the memecoin rallied so hard. Will the rally be sustainable going forward?

Will USELESS Coin continue to see more upside? On the charts, the day’s rally was evident from a low of $0.036 to just above $0.045. The lower support level of the sideways range at $0.036 coincided with an order block created on the 14th of February.

The whole range movement was about 29%, though USELESS had started to pull back at press time. The memecoin looked headed toward $0.036 again, and seller momentum was building, as seen in the MACD.

Additionally, the Choppiness Index (CHOP) was rising, at 49.26, indicating the current rally was losing its trendiness. This reinforced that USELESS was still trading in a sideways range.

Breaking above the $0.045 zone could propel it to $0.055, while a breakdown below $0.036 would amplify the drop. However, there was a previous resistance at $0.05, as analyzed earlier.

Source: USELESS/USDT on TradingView

Altogether, the memecoin was trading inside a key decision area where a breakout in either direction would determine its next trajectory.

Final Summary USELESS rallies more than 17% amid capital inflow from the Top PnL traders, whales, and fresh wallets.  The price of USELESS Coin faced two critical tests at the $0.036 and $0.045 levels. 

In brief Bitcoin has steadied after an initial weekend selloff tied to Middle East tensions, holding up better than U.S. equity-index futures. Funding rates in Bitcoin futures have turned sharply negative, signaling crowded short positioning in derivatives markets. Oil and gold have rallied on fears of supply disruption and inflation risk, underscoring a broader risk-off tone across global markets. Bitcoin has so far absorbed the latest escalation in the Middle East, following a spike in volatility in U.S. futures on Sunday, as traders continue to parse the impact on global energy markets.

U.S.-led strikes on Iranian targets have prompted retaliatory missile and drone attacks, raising fears of a wider regional conflict after reports that Ayatollah Ali Khamenei’s 36-year rule as Iran’s supreme leader had ended. 

Iran has warned of further retaliation, while shipping and aviation disruptions across the Gulf have sharpened concerns that the conflict could extend beyond a limited exchange.

Bitcoin is down 0.4% on the day to $66,600 after reclaiming ground lost over the weekend, when its price fell to as low as $63,000. The asset is down roughly 2.8% on the week, according to CoinGecko data. 

The decline was relatively smaller than losses implied by equity-index futures, which were down more than 1% across the Nasdaq, Dow, and S&P 500. Losses in equity-index futures suggests investors are marking down risk broadly in response to overnight macro and geopolitical developments ahead of the U.S. open.

“Bitcoin's initial sell-off was almost textbook; markets hate uncertainty more than bad news, and the moment the Iran conflict looked contained, the reflexive bid came back fast,” Ryan McMillin, chief investment officer at Merkle Tree Capital, told Decrypt.

The expert pointed to a Fear and Greed index reading of 11, alongside Bitcoin futures funding rates swinging to -6%, indicating shorts are paying a significant premium to maintain a bearish bias in a situation not seen since Bitcoin traded at $16,000 back in 2022.

“The market is mechanically paying you to be long; it’s time to get long, McMillin said.

Echoing that sentiment, Pratik Kala, head of research at Apollo Crypto, told Decrypt Bitcoin’s price action suggested much of the initial shock had already been reflected. 

“Bitcoin would've sold off by now if it had to—the tape through the event over the weekend was very positive. CME futures have also opened, and if Bitcoin were to dump or follow equities, it would have by now,” Kala said.

Broader markets have focused on the potential for disruption around the Strait of Hormuz, the narrow shipping lane that carries roughly one-fifth of global oil supply.

Oil prices have surged sharply on the Iran conflict, with Brent crude jumping roughly 8–10% toward $80 a barrel and U.S. WTI up about 7–8%. 

“If oil stays elevated, there will be a risk to a higher inflation print, which is negative for risk assets—and Bitcoin,” Kala said. “However, I don't expect that to be the base case.”

Kala cited large oil supplies from OPEC countries that could seek to “plug the gap” and President Donald Trump doing “things in his power” to keep prices low, as “he knows that will turn the sentiment of Americans most.”

Safe-haven gold, meanwhile, has leapt more than 2% to $5,388 per troy ounce. 

"The ongoing Middle East conflict is set to further fuel gold's tailwinds, likely triggering a knee-jerk price spike on rising safe haven demand.” Han Tan, chief market analyst at Bybit Learn, told Decrypt.

“Still, seasoned market watchers would be well aware that geopolitical risk premiums are often faded out swiftly, once market and economic risks are digested and appear to be contained,” he added.

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Ripple is reshaping XRP Ledger funding to accelerate regulated finance expansion, rolling out a FinTech Builder Program and expanded institutional support framework to scale global adoption and broaden capital access for developers. Ripple Targets Regulated Finance Growth Through New Institutional XRPL Programs Ripple published new insights on Feb.

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Oil prices exploded March 1 after the Strait of Hormuz shut down completely. The world’s most critical oil chokepoint went dark, sparking immediate panic across energy markets and pushing U.S. inflation dangerously close to 5%. Bitcoin? It’s sitting pretty at $67,000, barely budging while everything else goes haywire.

The strait handles about 20% of global oil trade on a normal day. Not anymore. Tankers can’t get through, refineries are scrambling for supplies, and traders are bidding up crude like there’s no tomorrow. Energy companies saw their stocks jump 15% in early trading as Brent crude shot past $95 a barrel. The Federal Reserve probably didn’t see this coming when they were mapping out their inflation strategy last month. Now they’re staring at price pressures that could force their hand on interest rates way sooner than anyone expected.

Bitcoin traders seem unfazed. The cryptocurrency hasn’t moved much.

Coinbase reported trading volumes up 40% since news broke, but most of that action looks like position shuffling rather than panic buying or selling. “We’re seeing increased activity but Bitcoin’s holding steady,” said a Coinbase spokesperson who declined to give their name. Some analysts think Bitcoin might actually benefit from the chaos. Others aren’t so sure. The next few hours will probably tell the story.

Goldman Sachs put out a client note warning about “significant volatility ahead” in both traditional and digital assets. The bank’s commodity desk thinks oil could hit $100 if the strait stays closed for more than a week. That’s bad news for pretty much everyone except oil producers and maybe Bitcoin maximalists who’ve been waiting for their digital gold thesis to play out.

Tesla’s watching closely too. The company holds billions in Bitcoin and Elon Musk’s tweets can still move markets when he wants them to. He hasn’t said anything yet about the Hormuz situation, but Tesla’s energy storage business could see a boost if oil stays expensive. The company’s stock jumped 8% in pre-market trading. For more details, see Trump Confirms Irans Khamenei Dead.

The Department of Energy isn’t talking specifics yet. Secretary Jennifer Granholm’s office said they’re “monitoring the situation” and “evaluating all options.” Translation: they’re probably getting ready to tap the Strategic Petroleum Reserve if things get worse. The U.S. has done it before when oil supplies got tight, and with inflation already running hot, they can’t afford to let gas prices spike heading into summer driving season.

European Central Bank President Christine Lagarde sounded worried in a statement released this morning. “Rising energy costs pose significant risks to price stability across the eurozone,” she said. The ECB was already dealing with stubborn inflation, and now they’ve got another headache. Interest rate decisions that seemed straightforward last week just got a lot more complicated.

OPEC called an emergency meeting for later today. The cartel’s been pretty disciplined about production cuts lately, but a major supply disruption changes the math. Saudi Arabia and the UAE could probably pump more oil to offset some of the Hormuz losses, but it won’t happen overnight. Oil infrastructure doesn’t work that way.

Binance CEO Changpeng Zhao tweeted that his exchange is “operating normally despite increased trading activity.” Bitcoin’s stability during the crisis has caught some people off guard. Digital asset managers who’ve been pitching Bitcoin as a hedge against geopolitical risk are probably feeling pretty good right now. Whether that holds up if oil hits triple digits remains to be seen. See also: Block Slashes 4,000 Jobs as AI.

The International Energy Agency issued its own warning about potential supply disruptions. The agency tracks global oil flows and they’re not optimistic about quick fixes. “Alternative shipping routes exist but they add significant time and cost,” an IEA analyst said on condition of anonymity. That means higher prices are probably here to stay until the strait reopens.

Wall Street’s bracing for a wild ride. Energy stocks are obvious winners, but airlines and shipping companies are getting hammered. Consumer discretionary names dropped as investors worry about what $4 gas will do to spending. The VIX volatility index spiked 25% as traders positioned for more turbulence ahead.

Bitcoin miners might actually benefit from the chaos. Higher energy costs hurt their margins, but if Bitcoin rallies on safe-haven demand, the math could still work out. Marathon Digital and Riot Platforms both saw their shares climb despite the broader market selloff.

Nobody knows how long the strait will stay closed. Diplomatic efforts are underway but there’s no timeline for resolution. Oil traders are pricing in weeks rather than days of disruption. Bitcoin’s $67,000 level looks pretty stable for now, but that could change fast if traditional markets really start to panic.

Post Views: 16

Oil jumped in the early morning Asian session as military strikes by the U.S. and Israel against Iran heighten supply disruption concerns.

Gold and silver climbed as military strikes by the U.S. and Israel against Iran spurred safe-haven demand. “Gold remains the clearest barometer of investor fear,” eToro said.

NEW YORK, March 01, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of REGENXBIO, Inc. (NASDAQ: RGNX) between February 9, 2022 and January 27, 2026, inclusive (the “Class Period”), of the important April 14, 2026 lead plaintiff deadline.

SO WHAT: If you purchased REGENXBIO 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 REGENXBIO class action, go to https://rosenlegal.com/submit-form/?case_id=53421 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 14, 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 provided investors with material information concerning REGENXBIO’s plan to develop and commercialize its product candidate RGX-111, a one-time gene therapy for the treatment of severe Mucopolysaccharidosis Type I, also known as Hurler syndrome. Defendants’ statements included, among other things, REGENXBIO’s positive assertions of RGX-111’s future trial success based on continuing positive biomarker and safety data from the ongoing PhaseI/II study. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating false and misleading statements and/or concealing material adverse facts concerning the efficacy and safety of its RGX-111 trial study. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the REGENXBIO class action, go to https://rosenlegal.com/submit-form/?case_id=53421 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.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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

NEW YORK, March 01, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of NuScale Power Corporation (NYSE: SMR) between May 13, 2025 and November 6, 2025, inclusive (the “Class Period”), of the important April 20, 2026 lead plaintiff deadline.

SO WHAT: If you purchased NuScale Class A common stock 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 NuScale class action, go to https://rosenlegal.com/submit-form/?case_id=19967 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 20, 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) ENTRA1 Energy LLC (“ENTRA1”) had never built, financed, or operated any significant projects– let alone projects in the highly technical and complicated field of nuclear power generation during its entire operating history; (2) NuScale had entrusted its commercialization, distribution, and deployment of its NuScale Power Module (“NPMs”) and hundreds of millions of dollars of NuScale capital to an entity that lacked any significant prior experience owning, financing, or operating nuclear energy generation facilities; (3) the purported experience and qualifications attributed to ENTRA1 by defendants during the Class Period in fact referred to the purported experience and qualifications of the principals of the Habboush Group, a distinct entity without significant experience in the field of nuclear power generation; and (4) as a result, NuScale’s commercialization strategy was exposed to material, undisclosed risks of failure, delays, regulatory challenges, or other negative setbacks. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the NuScale class action, go to https://rosenlegal.com/submit-form/?case_id=19967 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.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

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

Philadelphia, Pennsylvania--(Newsfile Corp. - March 1, 2026) - Kaskela Law LLC reports that it is actively investigating the recently announced proposed buyout of Clearwater Analytics Holdings, Inc. (NYSE: CWAN) ("Clearwater") shareholders to determine whether the $24.55 per share buyout offer is fair to the company's investors.

On December 21, 2025, Clearwater announced that it had agreed to be acquired by a group of private equity funds at a price of $24.55 per share in cash. Following the closing of the proposed transaction the company's shares will no longer be publicly traded.

The investigation seeks to determine whether Clearwater investors will be receiving sufficient financial consideration for their CWAN shares, or if the proposed buyout price is inadequately low. Notably, at the time the buyout transaction was announced, several stock analysts were maintaining price targets of over $35.00 per share for Clearwater shares - 40% higher than the buyout offer.

Clearwater investors who would like to learn more about the investigation and their legal rights and options are encouraged to contact lead investigative attorney Adrienne Bell, Esq. at (484) 229 - 0750 or by email at [email protected]. You can also click on the following link or paste it into your browser to learn more:

https://kaskelalaw.com/case/clearwater-analytics-buyout/

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation in contingent litigation. For additional information about Kaskela Law LLC, including the firm's recent notable recoveries for investors, please visit www.kaskelalaw.com.

KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 - 0750
www.kaskelalaw.com

This communication may constitute attorney advertising in certain jurisdictions.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285859

Source: Kaskela Law LLC

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Tit-for-tat strikes have raised questions about whether Iran will interfere with tankers hauling oil and fuel through the Strait of Hormuz.

Philadelphia, Pennsylvania--(Newsfile Corp. - March 1, 2026) - Kaskela Law LLC reports that it is actively investigating the recently announced proposed buyout of European Wax Center, Inc. (NASDAQ: EWCZ) shareholders to determine whether the $5.80 per share buyout offer is fair to the company's investors.

On February 10, 2026, European Wax Center announced that it had agreed to be taken private at a price of $5.80 per share in cash. Following the closing of the proposed transaction the company's shares will no longer be publicly traded.

The investigation seeks to determine whether European Wax Center investors will be receiving sufficient financial consideration for their EWCZ shares, or if the proposed buyout price is inadequately low. Notably, at the time the buyout transaction was announced, at least one analyst was maintaining a price target of $15.00 per share for European Wax Center shares - over 150% higher than the buyout offer.

European Wax Center investors who would like to learn more about the investigation and their legal rights and options are encouraged to contact lead investigative attorney Adrienne Bell, Esq. at (484) 229 - 0750 or by email at [email protected]. You can also click on the following link or paste it into your browser to learn more:

https://kaskelalaw.com/case/european-wax-center/

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation in contingent litigation. For additional information about Kaskela Law LLC, including the firm's recent notable recoveries for investors, please visit www.kaskelalaw.com.

KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 - 0750
www.kaskelalaw.com

This communication may constitute attorney advertising in certain jurisdictions.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285860

Source: Kaskela Law LLC

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Last week, FedEx sued the federal government to recover the money it had paid in tariffs.

Now, the company is facing a tariff-related lawsuit of its own, the Associated Press reported Friday (Feb. 27). 

The suit is one of at least two federal lawsuits — the other is against EssilorLuxottica, which makes Ray-Ban sunglasses — aiming to make sure consumers get a share of refunds businesses receive from the tariffs.

FedEx last week became the first high-profile company to sue seeking a reimbursement following the Supreme Court ruling that President Donald Trump had no authority to levy tariffs under the International Economic Emergency Powers Act (IEEPA).

Several other companies, including Costco, Revlon, Kawasaki and Bumble Bee Foods, had filed similar lawsuits prior to the court’s decision. 

According to the AP, FedEx has said it would return any tariff refund it might receive to shippers and customers who had paid them.

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The report added that the case against FedEx was filed by Matthew Reiser of Miami, who argues that the company’s pledge “creates no legally enforceable obligation and is expressly contingent on future government and court guidance that may never materialize.”

In the other lawsuit, Nathan Ward of New York says that he purchased Ray-Bans last August that were priced higher than in the past, indicating a tariff surcharge, and that EssilorLuxottica “continues to collect and has not refunded the tariff surcharges it collected from consumers.”

PYMNTS has contacted both companies for comment but has not yet gotten a reply.

Barry Appleton, co-director of the Center for International Law at New York Law School, told the AP he expects these to be the first of several similar consumer lawsuits. He added that while it’s not clear how legally viable these suits are, they do pressure businesses to share whatever refunds they happen to secure.

While the Supreme Court ruling found the tariffs illegal, it did not address what happens to the duties companies have already paid, PYMNTS wrote last week.

“That omission is more than procedural, and it can leave companies navigating a gray zone in which potential tariff refunds exist in theory, yet lack a defined administrative pathway,” the report said.

“In many industries, tariffs imposed over the past several years have already been passed through to customers, renegotiated into supplier contracts, or capitalized into long-term inventory strategies. The financial record is settled even if the legal one is not. Recovering duties, should a mechanism emerge, will require untangling transactions that were never designed to be reversed.”

-       Seizing the golden time for a major transformation, with 'Customer Value & AI' as the top two priorities for driving change

-       Major overhaul of systems and infrastructure, the foundation of telecommunications, centered on AI

-       Redesigning customer-friendly products, promoting integrated AI agents, and strengthening communication with customers

-       Advancing hyperscale AI data centers, developing 1000B AI models, and focusing on manufacturing AI to help Korea become one of the world's top three AI leaders

, /PRNewswire/ -- SK Telecom (NYSE:SKM, hereinafter referred to as "SKT") has announced a major transformation to lead the era of AI.

On March 1, SKT CEO Jung Jai-hun held a press conference in Barcelona, Spain, and announced the company's 'AI Native' innovation strategy, which includes a reorganization of AI infrastructure and large-scale investment plans.

SK Telecom CEO Unveils ‘AI Native’ Strategy at MWC26, Driving Korea’s Leap in AI Innovation This strategy reflects SKT's ambition to redesign its telecommunications leadership DNA into an AI-driven DNA, building on its core strengths, and to lead Korea's leap toward becoming one of the world's top three AI leaders through bold challenges and change. 

CEO Jung Jai-hun stated, "SKT is currently at a golden time of transformation, where the two tasks of 'customer value innovation' and 'AI innovation' intersect in a borderless, converged environment that goes beyond telecommunications. SKT defines 'the customer as the very essence of our business,' and through innovation driven by AI, we will evolve into a company that makes meaningful contributions to our customers and to Korea."

Maximizing Customer Value with 'AI-powered Telco'  SKT plans to build stronger relationships with customers and significantly enhance customer-perceived value by applying AI across all areas of telecommunications.

To achieve this, SKT will undertake a major overhaul of its integrated IT systems, the foundation of its telecom services, redesigning them to be optimized for AI.

SKT will build all integrated systems, including sales IT, line management, and billing systems, around AI, enabling the company to promptly design and provide personalized plans and memberships tailored to each customer's needs.

In particular, SKT will establish a Zero Trust information security framework across all systems, strengthening security through rigorous authentication, access control, network segmentation, and AI-based integrated security monitoring.

SKT is also accelerating its 'autonomous network operations' strategy, which leverages AI to automate network management.

SKT is set to transition from human-centered operations to AI-driven autonomous systems across wireless quality management, traffic control, and network equipment and facility operations, with the goal of maximizing customer-perceived quality. With AI-RAN technology, the company plans to deliver ultra-fast, seamless, and ultra-low latency communications.

Customer-Friendly Redesign Across All Touchpoints, from Services to Customer Touchpoints—Enhancing Two-Way Communication with Customers SKT plans to redesign its telecom services and products to be more customer-friendly, while also strengthening two-way communication with customers.

For services such as pricing, roaming, and membership, SKT will prioritize customer convenience by restructuring them into simple and intuitive formats and automatically offering personalized packages.

SKT is also developing an 'integrated AI agent' that connects the dispersed customer experiences across various touchpoints, such as T world (SKT's main customer portal) and T Direct Shop (SKT's official online store).

By quickly analyzing customers' daily patterns and needs with AI, SKT aims to create a single agent that delivers personalized experiences at every touchpoint. In addition, SKT will enhance its AI Contact Center (AICC), enabling all customer service representatives to use AI for accurate and prompt support.

Offline stores will also leverage AI to shift from sales-focused operations to providing deeper customer experiences, accurately identifying needs, and automatically offering personalized recommendations even after a visit—delivering highly tailored curation services. 

In addition, SKT plans to create 'AI Personas' to analyze digital behavior data across various customer segments, enabling a comprehensive understanding of each customer's needs and preferences through natural, conversational Q&A. This approach will allow SKT to communicate more effectively with all customers.

SKT is further advancing 'A. phone (A-DoT phone),' developing it into a true AI agent that can automatically organize call notes and schedules, connect customers to personalized services, and even perform related actions. 

SKT plans to expand opportunities for employees to engage directly with customers in the field, fostering two-way communication. This year, SKT plans to actively listen to a wide range of customer groups, as well as experts from industry and academia, and thoroughly reflect their voices in all aspects of company management.

Building 1GW-Class AI Data Centers Nationwide to Establish Asia's Largest AIDC Hub SKT will build 1GW-class hyperscale AI data center (AIDC) infrastructure across Korea, aiming to attract global investment and establish the nation as Asia's largest AIDC hub.

In addition to its GPU cluster Haein, SKT is building AIDCs and plans to expand to hyperscale capacity exceeding 1GW through global partnerships. The company also plans to build an AIDC in Korea's southwestern region in collaboration with OpenAI, as part of its broader vision to establish a nationwide AI infrastructure network.

Together with SK hynix, SK Ecoplant, and SK Innovation, SKT will secure solutions across the entire value chain—from AIDC construction to cooling, servers, energy, and operations—to provide AIDCs with industry-leading cost efficiency.

Last year, SKT applied its high-performance, high-efficiency virtualization solution 'Petasus AI Cloud' to Haein, its GPU cluster built for GPUaaS, and this year plans to offer Petasus AI Cloud in the global market.

SKT will upgrade its sovereign AI foundation model, currently the largest in Korea at 519B parameters, to over 1T (one trillion parameters), securing AI sovereignty and driving innovation across industries. In particular, SKT plans to enhance the model by adding multimodal capabilities, enabling it to process not only image data but also voice and video data, starting in the second half of this year.

Moreover, SKT will focus on jointly developing a 'manufacturing-specialized AI solution' package with SK hynix to strengthen the competitiveness of Korea's manufacturing industries, including semiconductors and energy. This package analyzes process data in real time to reduce defect rates and maximize equipment efficiency, and will be offered in three forms: infrastructure, model, and solution.

CEO Jung stated, "AIDC can be seen as the heart of Korea, and hyperscale LLMs as the brain. By combining SKT's AI capabilities with collaboration from domestic and global partners, we will lead true AI-native transformation for Korean customers and enterprises."

Transforming Work Culture Around AI CEO Jung emphasized, "To drive future growth, we must reinvent our way of working from the ground up. SKT will fundamentally transform its corporate culture to be centered around AI."

SKT has built an 'AX (AI Transformation) Dashboard' that provides a comprehensive view of AI utilization by department and individual, accelerating AI adoption across the organization. In addition, SKT operates an 'AI Board' to strengthen dedicated support for AX initiatives and is fostering a work environment and culture where employees can naturally incorporate AI into their daily tasks.

SKT has also built an 'AI playground,' enabling employees to easily develop and use AI agents for their work without coding. Currently, more than 2,000 AI agents are being actively used across areas such as marketing, legal, and PR.

CEO Jung stated, "By implementing company-wide AI upskilling education and campaigns, we will transform our organizational culture to be AI Native. Through SKT's new transformation, we will do our utmost to regain the trust of our customers and become a company that contributes to the nation and society."

About SK Telecom

SK Telecom has been leading the growth of the mobile industry since 1984. Now, it is taking customer experience to new heights by extending beyond connectivity. By placing AI at the core of its business, SK Telecom is rapidly transforming into an AI company with a strong global presence. It is focusing on driving innovations in areas of AI Infrastructure, AI Transformation (AIX) and AI Service to deliver greater value for industry, society, and life.

For more information, please contact [email protected] or visit our LinkedIn page www.linkedin.com/company/sk-telecom.

SOURCE SK Telecom

NEW YORK, March 01, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Vistagen Therapeutics, Inc. (NASDAQ: VTGN) between April 1, 2024 and December 16, 2025, both dates inclusive (the “Class Period”), of the important March 16, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Vistagen common stock 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 Vistagen class action, go to https://rosenlegal.com/submit-form/?case_id=50827 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 March 16, 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 litigate 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 provided investors with material information concerning Vistagen’s plan to develop and commercialize its drug fasedienol, an investigational pherine candidate in development for the acute treatment of social anxiety disorder (SAD). Defendants’ statements included, among other things, Vistagen’s positive assertions of fasedienol’s future trial success based on the prior positive results associated with the PALISADE-2 clinical trial, in addition to notable enhancements and operational changes made to the execution of the PALISADE-3 clinical trial supported a strong likelihood of Phase 3 success and positioned it as a confirmatory study.

According to the lawsuit, defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating false and misleading statements and/or concealing material adverse facts concerning its Phase 3 PALISADE-3 trial study of fasedienol. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Vistagen class action, go to https://rosenlegal.com/submit-form/?case_id=50827 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