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Wall Street giant Goldman Sachs Group has filed with the US SEC to reveal its latest XRP holdings across four spot ETFs. The firm continues to remain the largest institutional holder of spot XRP ETFs, with over $152 million in net holdings.
Goldman Sachs Reveals over $152 Million in XRP Holdings According to a 13F filing with the US SEC dated March 25, Goldman Sachs Group revealed exposure in four spot XRP ETFs. The $3.5 trillion asset manager disclosed a total holding of more than $152 million.
Notably, Goldman Sachs holds 2,009,806 shares ($35,909,807) in 21Shares XRP ETF (TOXR); 1,940,433 shares ($39,817,685) in Bitwise XRP ETF; 1,932,684 shares ($38,479,738) in Franklin Templeton’s XRPZ; and 1,069,316 shares ($37,960,718) in Grayscale’s GXRP.
This makes the net XRP holdings via spot ETF to $152,167,948. Goldman Sachs remains the largest holder in XRP ETFs. Millennium Management, Logan Stone Capital, Citadel Advisors, and Jane Street Group are among the largest holders of XRP ETFs.
As CoinGape reported earlier, Bloomberg data showed total holdings of more than $153 million as of Q4 2025. However, the change in holdings is unclear, and the next clear update on whether Goldman Sachs maintained, added, or reduced positions will come with the full Q1 2026 filing, typically released in mid-May.
Total Net Inflows in Spot XRP ETFs $1.21 Billion Spot XRP ETFs saw net inflows of $1.26 million on Wednesday, despite a broader crypto market selling pressure. Bitwise was the only one to record inflows, according to SoSoValue data.
As a result, the total assets under management stand at $995.72 million and the cumulative total inflow is at $1.21 billion. The decline happened amid massive selloffs in January and February, while Goldman Sachs clients continued to hold most XRP ETF positions.
XRP ETF Daily Flows. Source: SoSoValue XRP fell more than 2.50% today, with the price currently trading at $1.38. The 24-hour low and high are $1.38 and $1.43, respectively. Furthermore, trading volume has slumped by another 10% in the last 24 hours, indicating a decline in interest among traders ahead of quarterly crypto options expiry.
Meanwhile, XRP futures open interest has increased 1.62% to $2.53 in the past few hours as Ripple partnered with the Singapore central bank on the BLOOM project to pilot RLUSD for cross-border trade settlements.
2026-03-26 10:371mo ago
2026-03-26 05:451mo ago
The SEC Just Made a Huge Change in Its Cryptocurrency Regulations. Does That Make Bitcoin a Buy With $1,000?
New rules governing crypto just got published. According to regulators, most of the biggest cryptocurrencies are, technically speaking, digital commodities.
2026-03-26 10:371mo ago
2026-03-26 05:451mo ago
EF mandate signing triggers backlash within Ethereum Foundation
The Ethereum Foundation is causing a rift in the community with its recently published EF mandate document. The document outlines the future of Ethereum, but has caused controversy through its language and concepts.
The Ethereum Foundation has been vocal about its active engagement with the future of Ethereum. Recently, the Foundation started tracking its progress toward making Ethereum quantum-resistant.
The Foundation has also set out to make Ethereum the backbone of on-chain finance, with the ambitious goal of carrying $1T in assets. Its other objectives, related to privacy, self-sovereignty, and security, are causing controversy.
Members of the Ethereum Foundation asked to sign document or be fired All members of the Ethereum Foundation were asked to sign the Mandate document or be fired effective immediately. This has sparked a discussion on the overwhelming pressure for alignment and agreement, to the potential detriment of building real Ethereum upgrades.
The document focuses on diverse points, but leans toward censorship resistance as a core value.
“Censorship Resistance: No actor can selectively exclude valid use or break functionality, including by gaining durable, non-competitive control of any critical mechanisms,” states the Mandate.
The Ethereum Foundation will support unstoppable work, with no centralized intermediaries or kill switches. This approach may clash with the current practice, where necessity has led to the decision to freeze some assets and offer at least some modicum of control when carrying significant value within protocols.
Mandate document causes rift between the Milady community and Go Ethereum Some of the controversy around the Ethereum Foundation mandate stems from the clash between the Milady community and Go Ethereum.
Miladies, as they are known on social media, use the NFT collection as their avatars and rally around their own vision of Ethereum. Ethereum’s co-founder, Vitalik Buterin, is also a self-professed Milady, signaling loyalty to the online community. Milady NFT owners have been one of the main supporters for adding almost esoteric language to Ethereum’s objectives and development.
At the same time, Go Ethereum, one of the major node clients, has spoken for a more pragmatic approach to running the network.
[x] milady’s core product is larp with the goal of growing the cult, it’s entirely inward-facing. the entirety of the lore is self-referential and the gap between self-ascribed importance and actual influence is vast. the philosophy hasn’t traveled any serious distance [..] https://t.co/RyBUX7BULZ
— ً (@lightclients) March 25, 2026
The recent EF mandate document further sharpened the battle between Go Ethereum and the Milady community.
The rift revealed Milady’s preferences for using the Foundation as the vehicle for cypherpunk ideas. Those ideas were set against the attempt to use Ethereum for its economic value and reliable products.
The Ethereum Foundation mandate was heavily influenced by Milady community ideas and esthetic, while others pointed out the EF has been influenced too much by the NFT community, with the support of Vitalik Buterin. | Source: Ethereum Foundation. The Milady controversies are relatively unknown to those users of Ethereum who have seen the chain as a decentralized computer, suitable for financial operations. For some, the inclusion of Milady imagery in the EF mandate is worrying, sending a message beyond the text points. For some, the recent EF mandate is a form of ‘ideological babble’, and even the NFT and styling may harm the brand in an attempt to build a ‘fun’ social media culture.
The Milady fraction influence is significant for Ethereum, and the community is in charge of spending what remains of the still-significant Ethereum Foundation treasury. The Milady NFT owners have also launched a Milady Cult Coin (CULT), which is now 97% down from its peak.
The current social media discussion may signal a deeper rift for Ethereum, potentially creating problems for future development. The Ethereum Foundation has also been accused of overspending and selling too much ETH, only lately agreeing to stake some of the coins. Despite this, the Foundation deployed another 20,000 ETH in February and is left with 209K ETH.
Ethereum may be promising, but the Ethereum Foundation’s approach may be closely watched for turning into a cultish expression and swaying future development decisions.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Dogecoin (DOGE) investors appear to be very optimistic about the future outlook of the meme coin. In the last 24 hours, despite DOGE shedding over 5% of its gains on the crypto market, DOGE exchange-traded funds (ETFs) investors did not invest in the asset.
Why DOGE ETF investors shunned price volatilitySoSoValue data shows that Dogecoin ETF investors ignored the price dip as daily total net flow stood at zero. This marks the eighth consecutive day of zero flows in spite of price fluctuations with the king of meme coins.
The development suggests that these investors are positive about a breakout with DOGE and likely consider the price fluctuations as temporary. Their reluctance to buy more indicates that Dogecoin ETF investors are largely skeptical of the product's long-term viability.
Dogecoin ETF Flow Chart | Source: SoSoValueEarlier in the week, U.S. investors on the Kraken exchange had increased their portfolio by accumulating 4.5 million DOGE within a 12-hour time frame. These investors took advantage of the price dip at the time to increase their holdings and were not panicked into selling.
Notably, there appears to be a consistent pattern of accumulation among investors in Dogecoin that signals something might be on the horizon. DOGE traders are treating the asset’s volatility as a period of price consolidation.
Meanwhile, Dogecoin has been sending mixed signals. Notably, a death cross appeared on its technical chart, a clear bearish indicator. Despite the death cross, Dogecoin recorded a 6% price jump in the market as it rallied along with the leading crypto asset, Bitcoin.
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Can Dogecoin overcome market uncertainty?As of this writing, Dogecoin trades at $0.09224, down 5.1% over the last 24 hours. This marks a significant drop in value as the meme coin was inching close to losing a zero and retesting the $0.10 price level.
The meme coin dropped from a daily peak of $0.09772 to a low of $0.09220 before settling at the current market rate. This was after it failed to breach the $0.98 resistance. The trading volume also plunged into the red zone by 11.21%, or $1.09 billion.
It remains to be seen if Dogecoin could close the month of March in the green to end the running five-month negative streak in price. At midweek, Dogecoin’s outlook had signaled hope that it could finish March on a positive note to break the bearish streak it started in October 2025.
With Dogecoin ETF investors holding back, it appears the DOGE breakout has a lot to prove.
2026-03-26 10:371mo ago
2026-03-26 05:541mo ago
Bitcoin Bottom or Bull Trap? Why Calling a BTC Reversal Remains Premature
Bitcoin fell to $69,502.60, down by 2.35%, as Ethereum dropped 4.54% to $2,080.30, Solana lost 4.64% to $88.01, XRP fell 3.16% to $1.3708, HYPE slipped 3.27% to $39.207, Dogecoin dropped 5.26% to $0.09155, and BNB fell 3.00% to $629.93.
Crypto open interest stood at $108.09 billion, down 3.6%, while liquidations rose 17.69% to $273.09 million.
Liquidation data showed that over the past twenty-four hours, ETH saw $40.25 million in liquidations, BTC had $21.30 million, SOL saw $2.43 million, XRP had $990.33K, and DOGE recorded $486.75K.
Data from Coinglass also shows that Bitcoin dominance edged down 0.02% to 58.38%, while Bitcoin exchange balance fell by 2.11K BTC to 2.45 million BTC. The Fear & Greed Index dropped to 9, showing extreme fear.
Positioning stayed mixed. On Binance BTC/USDT, the top trader long-short ratio by positions was 0.97 even after a 3.51% increase. The top trader long-short ratio by accounts was 1.83, up 27.74%. On OKX BTC, the accounts long-short ratio was 1.54, up 27.27%. On Binance BTC/USDT, the broader accounts long-short ratio was 1.67, up 24.53%.
Meanwhile, U.S. stock futures were little changed early Thursday as traders watched the latest headlines out of the Middle East and looked for signs the war in Iran could cool down. S&P 500 futures and Nasdaq 100 futures hovered around flat, while Dow futures fell 52 points, or 0.11%. That came after a stronger Wednesday cash session, when the S&P 500 rose 0.54%, the Nasdaq Composite gained 0.77%, and the Dow added 305.43 points, or 0.66%.
Gold futures were down 1.89% at $4,421.16, falling as much as 2% below $4,420 an ounce, while spot gold traded down 1.5% at $4,437.62 in Singapore. Silver fell 1.8% to $69.90, and platinum and palladium also moved lower. Oil cooled as well, with U.S. crude down 2.2% to $90.32 a barrel and Brent falling 2.17% to $102.22.
The U.S. dollar index rose 0.11% to 99.510. In bonds, the 10-year Treasury yield rose more than 4 basis points to 4.3679%, the 30-year yield added more than 2 basis points to 4.926%, and the 2-year yield climbed more than 5 basis points to 3.937%.
Yields moved higher again after another weak Treasury sale, with Wednesday’s $70 billion 5-year auction following Tuesday’s soft $69 billion 2-year auction, which drew the weakest demand since March 2025.
2026-03-26 10:371mo ago
2026-03-26 06:011mo ago
Saylor's Bitcoin Strategy Crushes Corporate Competition in Treasury Purchases
Michael Saylor’s Bitcoin buying approach now dominates corporate treasury activity. CryptoQuant data shows other firms dropped from handling 95% of these transactions to roughly 2% in recent deals.
The shift didn’t happen overnight, but it’s been pretty dramatic. MicroStrategy keeps buying Bitcoin aggressively while most other companies basically stepped back from major purchases. Saylor’s firm now accounts for nearly all significant Bitcoin treasury moves, a massive change from just months ago when the market was way more spread out among different players.
MicroStrategy’s Relentless Buying Spree Numbers don’t lie here. Since August 2020, MicroStrategy grabbed over 140,000 Bitcoins, spending more than $4 billion on the cryptocurrency. That’s a huge bet on Saylor’s belief that Bitcoin beats traditional assets long-term.
The company’s latest move happened March 24, 2026, when it bought 6,455 more Bitcoins for about $150 million. The board keeps backing Saylor’s strategy despite Bitcoin’s wild price swings. And the stock price? It moves with Bitcoin’s ups and downs, making MicroStrategy kind of a crypto proxy for investors who want exposure without buying Bitcoin directly.
Other firms aren’t playing this game anymore.
The drop from 95% to 2% participation shows companies are getting cold feet about Bitcoin treasury strategies. Some cite balance sheet concerns and regulatory uncertainty as reasons for pulling back. Tesla still holds its Bitcoin but hasn’t made big new purchases recently, taking a more cautious approach than Saylor’s all-in strategy.
Market watchers think different risk appetites drive these decisions. Saylor keeps doubling down while others worry about volatility hitting their financials. The regulatory environment also makes some CFOs nervous about large crypto positions. This development aligns with Bhutan Dumps 519 Bitcoin as Sovereign, highlighting broader market trends.
What This Concentration Means Having one strategy dominate Bitcoin corporate buying raises questions about market dynamics. If Saylor’s approach keeps winning, it could shift how companies think about digital assets in their treasuries. Critics worry about concentration risk, while supporters see it as validation of Bitcoin’s store-of-value thesis.
The pattern might continue or reverse – that’s unclear right now. Other major corporations haven’t announced similar large-scale Bitcoin purchases lately. Many firms are probably still evaluating their positions, waiting to see how regulations develop and markets stabilize.
Tesla’s cautious stance contrasts sharply with MicroStrategy’s aggressive buying. The electric vehicle company hasn’t sold its existing Bitcoin reserves but also hasn’t added significantly to its holdings in recent months. This hesitancy reflects broader corporate uncertainty about cryptocurrency investments amid volatile market conditions.
Analysts note that while MicroStrategy’s approach attracts attention to Bitcoin’s potential as a reserve asset, it’s not without substantial risks. The company’s stock performance often mirrors Bitcoin’s price movements, creating a feedback loop that amplifies both gains and losses for shareholders.
The absence of new major corporate entrants suggests many firms are still on the sidelines. They’re watching how current holders navigate market fluctuations and potential regulatory changes before committing significant capital to Bitcoin treasury strategies. Industry observers have noted parallels with Bitcoin volatility decreases with maturity, says in recent weeks.
Several major institutional investors have been quietly monitoring MicroStrategy’s performance as a bellwether for corporate Bitcoin adoption. Fidelity and BlackRock analysts published reports suggesting that Saylor’s strategy could influence pension funds and insurance companies considering crypto allocations. Goldman Sachs noted in a recent client memo that MicroStrategy’s approach has generated mixed results for traditional portfolio managers who struggle to categorize the stock’s risk profile.
The ripple effects extend beyond just corporate treasuries. Sovereign wealth funds from Norway and Singapore have reportedly increased their research teams focused on digital assets, partly influenced by MicroStrategy’s bold moves. Meanwhile, smaller public companies with cash reserves under $500 million appear to be taking a wait-and-see approach. CFO surveys from PwC indicate that 73% of mid-cap companies view Bitcoin treasury adoption as “too risky” currently, but 41% plan to revisit the strategy if regulatory clarity improves. Credit rating agencies like Moody’s have also started factoring crypto holdings into their corporate assessments, potentially affecting borrowing costs for companies following Saylor’s playbook.
Frequently Asked QuestionsHow much Bitcoin does MicroStrategy currently hold?MicroStrategy holds over 140,000 Bitcoins after spending more than $4 billion since August 2020, making it the largest corporate Bitcoin holder.
Why did other firms reduce their Bitcoin treasury activity?Other firms dropped from 95% to 2% of Bitcoin treasury purchases due to concerns about volatility, regulatory uncertainty, and balance sheet impacts.
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2026-03-26 10:371mo ago
2026-03-26 06:031mo ago
Cardano Price Prediction: Time to Buy ADA Right Now?
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Cardano just dropped to $0.257, down 5%, as one of the worst performers today, even after a landmark regulatory ruling just hit the tape that is pushing its price prediction to bullish. The SEC and CFTC officially classified ADA as a “digital commodity” earlier this week, stripping away the securities ambiguity that has shadowed the asset for years.
The joint SEC/CFTC designation covers 16 cryptocurrencies in total, meaning Cardano shares the regulatory tailwind with a crowded field of competitors. Still, the ruling carries specific implications for ADA: staking services that previously operated in a legal grey zone are now on firmer ground, and airdrop distributions across the Cardano ecosystem are no longer treated as securities offerings under most standard conditions.
— Our Crypto Talk (@ourcryptotalk) March 17, 2026 Discover: The best pre-launch token sales
Cardano Price Prediction: Can ADA Price Recover to $0.30 Soon?Institutional capital that sat on the sidelines over compliance concerns now has fewer excuses. Meanwhile, network-level catalysts are stacking, the van Rossum hard fork is slated for April, the Midnight privacy sidechain mainnet approaches, and whale wallets accumulated $161M in ADA over the past 48 hours while TVL crossed $1.1B.
The macro backdrop remains a headwind. US CPI data and a March Fed meeting have kept risk appetite compressed across the broader crypto market, and ADA’s chart still sits in a defined downtrend below key moving averages. The regulatory win is real, but price action doesn’t always care about fundamentals on a short timeframe.
ADA is consolidating in a tight band between $0.24 and $0.3, with neutral daily RSI at 47, neither oversold enough to trigger aggressive dip-buying nor strong enough to signal momentum.
ADA USD, TradingViewMotley Fool analyst Dominic Basulto has floated a $1.00 ADA target for 2026, a 250% return from here, contingent on spot ETF approvals and sustained institutional inflows. That’s a compelling long-term thesis. Short-term, the chart needs to clear $0.30 to confirm any trend reversal is actually underway.
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LiquidChain Targets Early-Mover Upside as Cardano Tests Key ResistanceADA’s regulatory clarity is a step forward, but a commodity classification at a $0.27 price point still leaves investors waiting for a catalyst chain to actually fire. For traders unwilling to sit through months of SMA compression, early-stage infrastructure plays offer a different risk-reward geometry altogether.
LiquidChain ($LIQUID) is a Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer, fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment. The core proposition: developers deploy once and access all three ecosystems simultaneously via a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement architecture.
The presale is live at $0.014 per $LIQUID, with more than $600K raised to date. The deploy-once architecture addresses one of DeFi’s most persistent friction points, fragmented liquidity across siloed chains, which gives the project a use case that extends well beyond the current market cycle.
Research LiquidChain’s presale here.
This article is for informational purposes only and does not constitute financial advice. Crypto assets are highly volatile. Always conduct your own research before investing.
2026-03-26 10:371mo ago
2026-03-26 06:051mo ago
Bitcoin Carved in Marble? Alexis Ohanian Highlights Massive AI-Crafted Sculpture
Reddit co-founder Alexis Ohanian spotlighted Monumental Labs’ massive Bitcoin (CRYPTO: BTC) marble sculpture in an X post on Wednesday.
‘Decentralied Digital Currency’Monumental Labs uses AI-driven robotics to create large-scale, Renaissance-style stone and marble sculptures. It aims to progressively automate stone fabrication and reduce costs up to 90%.
In the latest X post, it showcased a 4-foot-wide, 1,000-pound marble Bitcoin sculpture, carved with intricate circuit engravings and inscribed with “Decentralized Digital Currency.”
The coin was also commissioned for Ti Morse’s interview set with Coinbase CEO Brian Armstrong
“We made this 4ft, 1000lb marble bitcoin,” Monumental Labs said, to which Ohanian responded, “Of course y’all did.”
Ohanian’s History With CryptoAs far as Reddit was concerned, the social media giant allocated a part of its excess cash reserves in Bitcoin and Ether in 2024.
Price Action: At the time of writing, BTC was exchanging hands at $69,832, down 1.81% in the last 24 hours, according to data from Benzinga Pro.
Photo courtesy: Shutterstock
Market News and Data brought to you by Benzinga APIs
Bitcoin mining economics are tightening to levels that are pushing a portion of the global fleet below profitability, according to a report from asset manager CoinShares.
In its Bitcoin mining report for Q1 2026, CoinShares said hashprice, a key measure of miner revenue, fell to around $28 per petahash per second per day (PH/s/day) in February 2026, marking a new post-halving low and compressing margins across the sector.
At the time of writing, mining data provider Hashrate Index shows that hashprice has recovered to about $33 PH/s/day, though it remains among the lowest levels seen in the past five years. Even with the recovery, CoinShares estimates that roughly 15% to 20% of the global Bitcoin mining fleet is unprofitable at these levels, particularly among operators running older hardware or facing higher electricity costs.
The report suggests the downturn is not just cyclical but is increasingly narrowing the field of viable operators to those with structural advantages, such as more efficient fleets or access to low-cost power, as a mining squeeze driven by lower Bitcoin prices, rising network difficulty and weak transaction fees compresses miner revenue.
The squeeze has already started to show up in network data. On March 20, Bitcoin’s mining difficulty fell about 7.7%, marking one of the sharpest declines this year as pressure on miners persisted. A lower difficulty reduces the computational work required to mine a block, offering some relief to operators who remain online.
Bitcoin hashprice index. Source: Hashrate IndexHigher-cost miners face pressure as margins approach breakevenCoinShares said miners running mid-generation hardware were operating below breakeven at current hashprice levels, particularly those paying around $0.05 per kilowatt-hour or more for electricity.
The report said miners using mid-generation hardware need access to sub-5 cent power to remain cash-profitable, while latest-generation fleets can still retain meaningful margins at typical industrial electricity rates.
CoinShares expects further pressure on mining economics if Bitcoin prices remain subdued. James Butterfill, head of research at CoinShares, wrote that a sustained downturn could force miners to shut down unprofitable rigs, which may reduce hashrate growth and stabilize returns.
“If prices were to stay below $80k for the remainder of the year, we forecast the hashprice to continue to fall,” he wrote, adding that in such a scenario, “the hashprice would more likely flatline” as weaker operators exit the network.
Magazine: Big Questions: Can Bitcoin save you from the dreaded Cantillon Effect?
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MemeCore is the only altcoin that has defied today's market-wide correction.
Bitcoin’s price actions took another turn for the worse over the past several hours, dropping by almost three grand toward $69,000.
Most altcoins have followed suit, charting 4-5% daily losses. As a result, ETH has dipped below $2,100, BNB is down to $630, and XRP is beneath $1.40.
BTC Below $70K After it was rejected at $76,000 last week and pushed south to $69,000 by the time the weekend approached, the primary cryptocurrency actually spent Saturday and Sunday trading mostly at around $70,000 and even tapped $71,000 briefly.
However, Trump’s latest threats against Iran sent it south by a few grand to just under $68,500. It dipped further when the legacy futures markets opened to $67,500 before it skyrocketed on Monday to over $71,600 after the POTUS said the US and Iran have been in talks to de-escalate the war.
It whipsaw once Iran denied the claims, and even dipped below $69,000 briefly on Tuesday. It went on the attacks once again on Wednesday and touched a weekly peak at $72,000 when the bears stepped up once again. BTC managed to maintain above $71,000 for several hours, but began to break down earlier today and slipped to just over $69,000 minutes ago.
Its market capitalization has declined to under $1.4 trillion, while its dominance over the alts is down to 56.5% on CG.
BTCUSD March 26. Source: TradingView M Defies the Overall Correction Ethereum has dropped by almost 5% in the past 24 hours and now struggles below $2,100 again. BNB is down to $630 after a 3% decline, and XRP is beneath $1.40 after a similar drop. More painful decreases are evident from ADA, DOGE, ZEC, MNT, DOT, NEAR, and AAVE from the larger-cap alts.
TRX is among the few exceptions from this cohort of assets, but it’s just slightly in the green. In contrast, MemeCore has exploded by over 33% daily, and now sits above $2.30. ZRO, SIREN, TRUMP, and MORPHO, on the other hand, have posted losses of over 6%.
The total crypto market cap has shed $60 billion in a day and is down to $2.460 trillion on CG.
Cryptocurrency Market Overview March 26. Source: QuantifyCrypto
2026-03-26 10:371mo ago
2026-03-26 06:091mo ago
Bitcoin has traded in a tight range for nearly 50 days – but this is not a "bear flag"
Extended range-bound price action signals structural consolidation rather than a textbook bearish continuation, despite rising downside risks. Mar 26, 2026, 10:09 a.m.
Traders watching bitcoin’s BTC$69,551.14 nearly 50-day choppy price action through a bearish lens may be getting it wrong.
Since hitting lows close to $60,000 on Feb. 6, bitcoin has traded largely between $65,000 and $75,000, a period defined less by direction and more by exhaustion.
This phase reflects a dynamic where investors are tested not only by sharp drawdowns, but by time, as prolonged sideways action grinds both bulls and bears through repeated false breakouts.
Not a bear flagSome on social media are calling this a bear flag—a technical pattern representing a minor bounce within a broader downtrend. Bear flags typically recharge bearish momentum, often leading to a deeper sell-off.”
As such, they are fearful that this bear flag may deepen the bitcoin downtrend that began in early October after prices peaked at record highs above $126,000.
However, they may be wrong as bear flags, as per standard technical analysis theory, are short-lived pauses that last few days and resolve bearishly, extending the downtrend.
The consolidation has now lasted nearly 50 days, far longer than a typical bear flag. Its duration suggests bears are no longer in control, and the market is evenly balanced, with neither side willing to push the price. This is a classic indecision pattern.”
This doesn’t rule out a deeper sell-off, as seen after the December-January consolidation, but it reframes the recent market action as indecisive rather than structurally bearish.
BTCUSD (TradingView)Why 2026 is not 2022
The current bitcoin market cycle also differs materially from the 2022 backdrop. Bitcoin surged from $10,000 to $60,000 between October 2020 and early 2021 in a near-vertical move, with little meaningful support built along the way. When the market eventually unwound in 2022, it retraced much of that move, culminating in the FTX-driven capitulation to $15,000 in November 2022.
In contrast, bitcoin spent most of 2024 consolidating between $50,000 and $70,000, effectively building a base within the range it is trading today.
CoinDesk research highlights strong demand in this region, with more than 600,000 BTC accumulated during the current drawdown. This suggests a structurally stronger foundation compared to prior cycles.
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Strategy accounted for nearly all recent BTC digital-asset treasury purchases, with other firms’ share dropping from 95% to about 2%, CryptoQuant data show.
What to know:
Corporate bitcoin buying has effectively consolidated around a single firm, Strategy, which acquired about 45,000 BTC in the past month while all other treasury companies together bought only about 1,000 BTC.Strategy now holds roughly 76% of all bitcoin owned by treasury companies, creating a concentration risk in a trade...
2026-03-26 10:371mo ago
2026-03-26 06:111mo ago
US recession odds near 50%: Can Bitcoin copy 2020 comeback gains?
Bitcoin (BTC) faces a new macro test as markets increasingly bet on the US entering recession in 2026.
Key points:
Bitcoin could face a new challenge in the form of its first recession after the COVID-19 crash.
US recession odds surge as BlackRock CEO Larry Fink warns over oil prices.
Bitcoin’s high correlation with “extremely oversold” stocks continues.
Moody’s puts 12-month recession odds near 50%Data highlighted this week by Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, shows recession odds nearing 50%.
Bitcoin’s next bull run could come courtesy of a US economic downturn, and market participants see the latter as more and more likely this year.
“Moody’s Analytics raised the probability of a U.S. recession over the next 12 months to 48.6%, while Goldman Sachs increased its estimate to 30%,” Adler noted on X.
Prediction traders agree, with US recession odds reaching 36% on Kalshi — the highest reading since September 2025.
US recession odds for 2026 (screenshot). Source: Kalshi
The US-Iran war and its impact on global oil prices lie at the heart of the surge. Recent claims by both sides about dialogue to end hostilities and fully reopen the Strait of Hormuz have caused confusion throughout risk-asset markets.
“That’s keeping upside pressure on oil prices, which is recently crossing a key threshold historically associated with recession,” trading resource Mosaic Asset Company commented in the latest edition of its regular newsletter, “The Market Mosaic.”
Mosaic said that oil jumping 50% above its long-term trend, a phenomenon now playing out, “has been seen before or during nearly every recession over the past 50 years.”
“Oil prices are directly correlated to headline inflation, where a $10 increase per barrel can push inflation higher by 0.20% or more,” it added.
Oil price chart with recessions marked. Source: Mosaic Asset Company
Major players echo those concerns, including Larry Fink, CEO of the world’s largest asset manager, BlackRock.
“We’ll have a global recession,” he told the BBC this week about the consequences of Iran staying a “threat” to the global economy, even if the war itself ended.
Bitcoin stays tied to “extremely oversold” stocksBitcoin has had little experience of recession in its lifespan of less than 20 years.
In 2020, a US recession from February to April preceded a period of major BTC price upside after BTC/USD initially joined risk assets in a global crash in March.
BTC/USD one-week chart. Source: Cointelegraph/TradingView
As Cointelegraph reported, Bitcoin’s correlation to US stocks has become stronger this year, potentially increasing the potential for a relief bounce.
“While the uncertainty over inflation and the outlook for monetary are broadly weighing across the market, conditions are very favorable to see at least a short-term rally unfold,” Mosaic commented.
“Various measures of investor sentiment and positioning are pointing to excessive bearishness in the market while breadth metrics are extending to extremely oversold levels.”S&P 500 chart. Source: Mosaic Asset CompanyThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
2026-03-26 10:371mo ago
2026-03-26 06:131mo ago
XRP News Today: Goldman Sachs Reveals $152M ETF Bet
On-chain interest also picked up as rising XRPL activity pushed transaction fees higher. Adding to the day’s narrative, Bitrue launched a new PAXG/XRP trading pair, tying XRP more directly to the booming tokenized-gold market.
Goldman Sachs Discloses $152 Million XRP ETF Holdings Wall Street giant Goldman Sachs Group has revealed its latest exposure to spot XRP ETFs through a 13F filing with the US SEC.
The $3.5 trillion asset manager disclosed a total holding of $152.17 million across four spot XRP ETFs as of the reporting period.
The breakdown includes: 2,009,806 shares ($35.91 million) in 21Shares XRP ETF (TOXR), 1,940,433 shares ($39.82 million) in Bitwise XRP ETF, 1,932,684 shares ($38.48 million) in Franklin Templeton’s XRPZ, 1,069,316 shares ($37.96 million) in Grayscale’s GXRP.
This positions Goldman Sachs as the largest institutional holder of spot XRP ETFs. Other notable holders include Millennium Management, Logan Stone Capital, Citadel Advisors, and Jane Street Group.
XRPL Transaction Fees Rise with Surging Ledger Activity Ripple’s CTO Emeritus, David Schwartz, has detailed why transaction fees on the XRP Ledger (XRPL) have recently increased.
XRPL average number of transactions per ledger Network activity spiked in late March 2026, with one ledger on March 23 hitting around 190 transactions and sustained levels approaching 200 per ledger, a rare high.
In a direct response on X, Schwartz explained the XRPL’s dynamic fee system:
“Each validator calculates independently the number of transactions it thinks can reliably fit in a ledger based on previous observed ledgers. It then uses an exponential curve for the fee…”
He added that if recent ledgers have handled ~200 transactions comfortably, validators begin raising the required fee slightly above that level. When demand exceeds capacity, even by a small margin, fees escalate sharply to maintain stability.
Validators collectively set the cutoff, and if consensus slows, they shift the fee curve leftward to protect the network. The mechanism prioritizes reliability amid growing usage from payments, AMMs, and tokenized assets.
Bitrue Launches PAXG/XRP Spot Trading Pair Cryptocurrency exchange Bitrue has announced the listing of a new PAXG/XRP spot trading pair, effective as of March 26.
The move comes as tokenized gold assets, including PAXG and XAUT, have collectively surpassed $6 billion in market capitalization amid rising global uncertainty and renewed interest in gold as a safe-haven asset.
🔥 #Gold is back in the SPOTlight and now paired with #XRP on #Bitrue! By pairing gold $PAXG directly against XRP, we reinforces our identity as the premier #XRP hub while offering TradFi diversification.
💰 Hedge market swings with $PAXG that protects your… https://t.co/kHdez64agM pic.twitter.com/PRBidlbVCR
— Bitrue (@BitrueOfficial) March 26, 2026
In its announcement, Bitrue emphasized its continued support for the XRP and Ripple ecosystem, describing the pair as a direct bridge between tokenized commodities and XRP.
The listing allows traders to swap tokenized gold (one PAXG token represents one troy ounce of physical gold) directly against XRP, providing TradFi-style diversification and hedging opportunities within the XRP ecosystem.
Bitrue positions itself as a leading XRP hub with over 80 XRP spot pairs already available.
2026-03-26 10:371mo ago
2026-03-26 06:171mo ago
Solana Targets the Agentic Internet as AI Agents Drive Millions in On-Chain Payments
TLDR: The Solana Foundation reports 15 million on-chain agent payments already processed on its network Stablecoins are emerging as the default payment rail for AI agents buying computational resources. Vibhu Norby says 95 to 99% of future crypto transactions will originate directly from AI agents. Solana developers are building machine-readable skill files and AI-first platforms for agents. Solana is positioning itself as core infrastructure for an emerging “agentic” internet. The Solana Foundation reports the network has already processed 15 million on-chain agent payments.
Stablecoins are emerging as the default payment rail for AI-driven compute and services. Vibhu Norby, the foundation’s chief product officer, shared these updates at the Digital Asset Summit in New York on March 25, 2026. This shift, he said, could change how the internet is monetized at its core.
Solana Emerges as the Default Payment Layer for AI Agents The Solana Foundation is making a strong case for the network’s role in machine-to-machine commerce. Norby confirmed the network has already “processed 15 million payments onchain from agents,” pointing to real and measurable activity.
Solana Positioned as Core Infrastructure for “Agentic Internet” as AI Agent Payments Near 15 Million
The Solana Foundation stated that Solana is being positioned as core infrastructure for the “agentic” internet. The network has processed approximately 15 million on-chain…
— Wu Blockchain (@WuBlockchain) March 26, 2026
He added that “the programmatic aspect of crypto payments is what is making it interesting for agents.” Stablecoins, he noted, are “going to be the default thing that agents use to pay for any computational resource.”
Traditional payment systems are not built to handle sub-cent, pay-per-use transactions at scale. Norby pointed to this gap directly, stating that agentic payments support low-cost, high-frequency activity that “traditional rails cannot handle.”
Solana’s performance-focused design addresses this need efficiently. This gives the network a clear edge as AI-driven commerce continues to grow across industries.
Norby described AI agents as logical and performance-driven systems that prioritize results over loyalty. “Agents are cold, calculated machines… they don’t subscribe to crypto religiosity,” he told panelists at the summit.
He went further, noting that “if you ask an agent what’s the best way to pay for something with crypto, most of the time, Solana is showing up at the top.” This positions Solana not by preference, but by performance.
The 15 million on-chain agent payments already processed reflect steady, measurable real-world activity on the network. This figure confirms that machine-to-machine commerce is gaining ground on Solana.
As AI systems scale globally, transaction volumes from agents are expected to increase substantially over time.
Agentic Payments Signal a Broader Shift in Internet Monetization Beyond payments, the Solana Foundation is watching a wider platform transformation take shape across the tech sector.
Norby stated that “AI is not really a vertical. It’s a platform shift… affecting everything across every industry, including crypto.”
He argued that “agentic payments are probably going to change the entire way that the internet is monetized.” This framing sets the stage for entirely new internet business models built around autonomous agents.
Developers on Solana are already building tools designed directly for AI systems to use. Norby noted that “what agents like is APIs and documentation and skills,” pointing to machine-readable skill files and AI-first developer platforms.
The aim is to make Solana more accessible for agents through clean, structured tooling. This active development effort reflects a deliberate shift in how the ecosystem is being built.
Advances in AI are also removing long-standing technical barriers for developers working across ecosystems. Machines and developers can now build cross-platform tools more easily than before.
This opens room for more AI-native applications and cross-chain solutions to take hold on Solana. The result is a more open and developer-friendly network overall.
Looking ahead, Norby expects AI agents to become the standard interface through which people interact with crypto.
He projected that “the default way people will interact with crypto is going to be through their agent… 95 to 99% of all transactions… will be coming from LLMs.” Agentic payments, in his assessment, are set to transform the entire way the internet operates financially.
2026-03-26 10:371mo ago
2026-03-26 06:191mo ago
Bitcoin miners start funding pivot to AI with debt while selling BTC to stay liquid
Bitcoin miners' identity is fracturing on four fronts simultaneously: crushed margins, accelerating AI pivots, expanding debt loads, and a treasury sell discipline that no longer holds.
CoinShares' latest mining report shows public miners' weighted-average cash cost was roughly $79,995 per BTC in the fourth quarter of 2025. The hash price fell to approximately $36-$38 per PH/s/day in the same quarter, then dropped further to around $29 in the first quarter of 2026.
The network logged three consecutive negative difficulty adjustments, the first such streak since July 2022. The live hash price currently sits around $32.36/PH/day, with fees at just 0.40% of block rewards, and the six-month forward market average hash price is near $30.42.
What miners do under those conditions is where the market structure case begins.
Public mining companies collectively hold 121,516 BTC, worth approximately $8.63 billion, making them meaningful marginal sellers, even after losing their status as the dominant public-company treasury class.
Several have already moved from holding to selling. MARA changed its strategy in 2025 to permit sales of Bitcoin from operations and expanded that in 2026 to include balance sheet BTC.
Riot Platforms sold 1,818 BTC in December 2025 for $161.6 million, Core Scientific sold just over 1,900 BTC in January 2026 for about $175 million, and now holds under 1,000 BTC.
Riot separately funded a 200-acre land purchase at Rockdale entirely by selling roughly 1,080 BTC from its balance sheet.
That behavior runs counter to a persistent retail assumption that miners hold by default and that large miner treasury balances are structurally bullish.
When margins break, miners act like commodity producers managing liquidity, and Treasury policy becomes pro-cyclical, with selling concentrated precisely when BTC is already weak.
A line chart tracks Bitcoin hash price falling from roughly $36–$38 in Q4 2025 to $29 in Q1 2026, annotating three major miner treasury sales alongside a weighted-average cash cost of $79,995 per BTC.The identity splitThe fracture described by CoinShares runs deepest through the AI pivot.
The firm says listed miners could derive up to 70% of their revenues from AI by the end of 2026, up from roughly 30% today.
Core Scientific has energized about 350 MW for CoreWeave and targets roughly 590 MW by early 2027. Its revenue in the fourth quarter of 2025 already showed $42.2 million from self-mining, versus $31.3 million from colocation.
Hut 8 signed a 15-year, 245 MW AI data center lease with a $7 billion base-term value. IREN reported $17.3 million in AI Cloud Services revenue, secured $3.6 billion of GPU financing tied to a Microsoft contract, and guides investors toward a $3.4 billion ARR target by end-2026.
TeraWulf says it has signed more than $12.8 billion in long-term customer contracts and completed $6.5 billion in long-term financings in 2025. Riot signed its first AMD data-center lease.
For equity investors, that redefines what a miner stock actually represents. Buying a listed miner now bundles exposure to BTC price, hyperscaler demand, lease execution timelines, retrofit capital expenditure, financing costs, and counterparty quality.
CoinShares described this explicitly as a bifurcation, with AI/HPC-linked names earning valuation premiums over pure-play miners. The stocks share the same ticker symbols, while the underlying businesses have shifted their centers of gravity.
CompanyMining business signalAI/HPC signalDebt / financing signalWhat the stock increasingly representsCore Scientific$42.2M self-mining revenue$31.3M colocation revenue; 350 MW energized; 590 MW targetExpanded financing facilityHybrid mining + data-center executionHut 8Still mines BTC245 MW, 15-year AI leaseLarge long-term infrastructure exposurePower + digital infrastructure platformIRENMining remains meaningful$17.3M AI cloud revenue; $3.4B ARR target~$3.7B convertible notesLevered AI + mining hybridTeraWulfMining still present$12.8B customer contractsHeavy financing and debtAI landlord with mining residualRiotMining-led brandAMD data-center leaseTreasury monetization + expansion capexBTC exposure plus data-center optionalityCipherMining operatorHPC diversification under developmentMulti-billion secured notesLeverage-heavy transition storyDebt load amplifies that divergence. IREN carries nearly $3.7 billion of convertible notes payable as of Dec. 31, 2025. TeraWulf's balance sheet shows roughly $46.3 million in current long-term debt, $489.8 million in short-term convertibles, $3.05 billion in long-term debt, and $1.58 billion in convertible notes.
Core Scientific expanded its strategic financing facility to $1 billion. Cipher disclosed $3.73 billion in recent senior secured note financing.
Businesses built around those balance sheets care about rates, refinancing windows, build-cost inflation, and customer concentration in ways that pure Bitcoin miners never had to.
Meanwhile, network hashrate runs at roughly 961 EH/s, a figure the Luxor data puts in sharper context.
Fleets running at 25–38 J/TH were earning about $42/MWh in implied revenue against an estimated network-average power cost of $50/MWh, leaving S19-class hardware in negative gross-margin territory throughout February.
Luxor also documented a 252 EH/s weather-driven offline episode, showing how quickly marginal fleets disappear when economics tighten.
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Bitdeer achieved an average miner efficiency of 17.9 J/TH in the fourth quarter of 2025 and is targeting 9.7 J/TH with its SEALMINER A3.
A high hashrate can now coexist with widespread unprofitability in older fleets, meaning a narrower, better-capitalized, more machine-efficient survivor set now secures the network. At the same time, the broader sector stays under strain.
A three-panel bar chart shows Bitcoin's 961 EH/s network hashrate alongside legacy fleet economics where implied revenue of $42/MWh falls below the estimated $50/MWh average power cost.Potential scenariosIf BTC recovers toward the $100,000 range, hash price eases, and immediate treasury stress lifts, the equity winners are the operators that can pair recovering mining margins with credible AI/HPC execution, because those names capture both the BTC recovery and an infrastructure rerating.
Core, Riot, Hut 8, TeraWulf, and IREN all have sufficient disclosed data center ambitions to drive price recovery and widen the gap between hybrid and pure-play names.
In that scenario, the AI pivot transforms from a survival strategy into a valuation catalyst, and the most debt-loaded operators with the strongest contract pipelines earn multiples that pure miners cannot match.
If BTC stays below the stress thresholds CoinShares flagged, hash price holds in the high-$20s to low-$30s, and additional treasury drawdowns normalize across the sector.
Luxor's February fleet data suggests many legacy machines were already underwater before any further price decline, so that a sustained downturn would accelerate forced shutdowns, reserve monetization, and a transfer of shares toward low-cost, next-generation operators.
The sector's combined 121,516 BTC in treasuries becomes a supply overhang that activates precisely when BTC spot markets are softest.
At the same time, miners carrying multi-billion-dollar convertible loads face refinancing stress if AI contract execution slips or capital markets tighten.
The most debt-loaded hybrids then absorb headwinds from two directions simultaneously: BTC price and infrastructure build credibility.
The fracture CoinShares' report documents runs beneath both scenarios.
Miners no longer share a unified BTC appreciation thesis, and some are now selling BTC to fund operations.
Some derive more enterprise value from data-center lease execution than from block rewards.
Some benefit from Bitcoin's weakness only once weaker rivals shut down, and the difficulty eases, freeing up margin for the survivors.
The companies still securing Bitcoin's blocks are splitting into forced commodity sellers, debt-funded AI landlords, and a thinning cohort of efficient pure-play operators with the power costs and machine quality to survive without pivoting.
Mentioned in this articlePosted in
2026-03-26 10:371mo ago
2026-03-26 06:231mo ago
Visa Joins Canton Network as Super Validator for On-Chain Payments
• Visa joins Canton Network as the first major global payments company serving as a Super Validator
• One of 40 Super Validators supporting banks and financial institutions moving payment flows on-chain
• Focus on privacy-preserving blockchain to address institutional adoption concerns
• Supports stablecoin payments, settlement, and treasury use cases
• Builds on Visa’s digital asset expansion with $4.6B annualized stablecoin settlement volume
Visa Joins Canton Network Visa announced Wednesday that it will join the Canton Network as a Super Validator, marking its role as the first major global payments company to take part in the network’s validation and governance structure. The company will be one of 40 Super Validators on the layer-1 network, contributing to network operations using the same standards it applies to its global payment systems.
Supporting Institutional Blockchain Adoption As a Super Validator, Visa will have voting power to help shape network decisions. The role is intended to support banks and financial institutions as they experiment with and scale blockchain-based payment flows.
The initiative focuses on enabling stablecoin payments, settlement, and treasury applications without requiring institutions to change their existing approaches to risk management, compliance, or operations.
Addressing Privacy Concerns in Blockchain The Canton Network is designed with a configurable privacy model that allows institutions to maintain confidentiality while using blockchain infrastructure. This approach addresses key concerns that have limited adoption of public blockchains, including the exposure of sensitive financial data such as payroll details and trading positions.
Rubail Birwadker, Visa’s global head of growth products and strategic partnerships, stated that privacy has been a major barrier for banks considering on-chain activity. He noted that Visa aims to bring its standards of trust, governance, and operational rigor to privacy-focused blockchain systems.
Expansion of Visa’s Digital Asset Strategy The move builds on Visa’s broader digital asset initiatives. The company reported that its stablecoin settlement operations have reached an annualized run rate of $4.6 billion globally.
In addition, Visa supports stablecoin-linked card programs across more than 130 programs in over 50 countries, reflecting its ongoing involvement in blockchain-based payment infrastructure. Visa’s participation as a Super Validator on the Canton Network represents a step toward integrating privacy-preserving blockchain solutions into institutional finance, with a focus on maintaining existing operational frameworks.
2026-03-26 10:371mo ago
2026-03-26 06:241mo ago
XRP rival poised for massive crypto market rally should it reclaim this level
Though it effectively stagnated following an impressive 15% weekly surge earlier in March, Stellar (XLM) – widely considered a major rival of the more popular XRP – again appears poised for a renewed rally.
Specifically, with its press time price of $0.17, the cryptocurrency is close to a critical resistance level at $0.183 and, should it prove its ability to cross above it, XLM could once again rally.
Furthermore, a breakout could send Stellar as high as $0.23, considering that Ali Martinez, a popular on-chain analyst on X, estimated that the cryptocurrency’s next rally might amount to a high 25%.
Still, an upswing is far from guaranteed. Indeed, the $0.183 resistance level demonstrated its strength late on March 25 and early on March 26 as XLM climbed above $0.18 but failed to breach it, leading to a correction to the press time price of $0.17.
XLM price one-week chart. Source: Finbold Do Bitcoin and XRP hold the keys to XLM’s next move? Elsewhere, Stellar’s latest cryptocurrency market moves demonstrated once again the digital asset’s link to XRP and, in turn, XRP’s own link to the traditional market leader: Bitcoin (BTC).
Almost simultaneously, BTC soared above $71,000 but then rejected a further breakout and declined to its press time price of $69.513. For its part, XRP rose to $1.41 and slightly beyond but then fell to the token’s March 26 price of $1.37.
XRP and Bitcoin one-week price chart showing similarities in performance between the two on March 25 and 26, but also in relation to XLM. Source: Finbold Under the circumstances, hopeful XLM investors might be wise to look at Bitcoin’s performance in relation to the nearest resistance just above $72,000 and the Ripple-issued token’s at $1.43.
Indeed, should the world’s premier cryptocurrency cross above the threshold and then lead to XRP breaching its own critical level, the forecasted Stellar rally toward $0.23 would appear highly likely.
Why XLM might not rally even if BTC and XRP soar Lastly, it is noteworthy that XLM is trading higher relative to its prices in recent months than either Bitcoin or XRP, leaving the possibility that it would fail to rally no matter what the two leading cryptocurrencies do.
The relative strength index (RSI) readings for the three digital assets also confirm the possibility. While all three are in the ‘neutral’ zone – indicating they are neither oversold nor overbought – XRP’s stands at approximately 49, BTC’s at 53, and Stellar’s at a far higher 62.
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2026-03-26 10:371mo ago
2026-03-26 06:241mo ago
Goldman Raised Recession Odds to 30% But Bitcoin ETFs Just Posted Their Longest Inflow Streak of 2026
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View details | Storage details | Privacy policy
Consent
Simplifi Holdings LLC
Cookie duration: 366 (days).
Data collected and processed: IP addresses, Device identifiers, Precise location data
more
Uses other forms of storage.
View details | Privacy policy
Consent
PubMatic, Inc
Cookie duration: 1827 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Comscore B.V.
Cookie duration: 720 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Privacy policy
Consent
Flashtalking
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Privacy policy
Consent
Sharethrough, Inc
Cookie duration: 30 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
PulsePoint, Inc.
Cookie duration: 1830 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers
more
Cookie duration resets each session. Uses other forms of storage.
View details | Privacy policy
Consent
Smaato, Inc.
Cookie duration: 21 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Crimtan Holdings Limited
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Privacy policy
ConsentLegitimate interest
Criteo SA
Cookie duration: 390 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Adloox SA
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data
more
Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
LiveRamp
Cookie duration: 3653 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
WPP Media
Cookie duration: 395 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Sonobi, Inc
ConsentLegitimate interest
LoopMe Limited
Cookie duration: 90 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Dynata LLC
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
Ask Locala
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Non-precise location data, Precise location data, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
Consent
Azira
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
DoubleVerify Inc.
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
View details | Privacy policy
Legitimate interest
BIDSWITCH GmbH
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
IPONWEB GmbH
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
NextRoll, Inc.
Cookie duration: 395 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
Media.net Advertising FZ-LLC
Cookie duration: 396 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
LiveIntent Inc.
Cookie duration: 731 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Basis Global Technologies, Inc.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Privacy policy
ConsentLegitimate interest
Seedtag Advertising S.L
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
SMADEX, S.L.U.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
Bombora Inc.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Outbrain UK.
Cookie duration: 396 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Yieldmo, Inc.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
A Million Ads
Consent
Remerge GmbH
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data
more
Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
Affle Iberia SL
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Non-precise location data, Precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Magnite CTV, Inc.
Cookie duration: 366 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Delta Projects AB
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
View details | Storage details | Privacy policy
ConsentLegitimate interest
Zemanta Inc.
Cookie duration: 1825 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
AcuityAds Inc.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Rockerbox, Inc
Cookie duration: 30 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
StackAdapt Inc.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
OneTag Limited
Cookie duration: 396 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Smartology Limited
ConsentLegitimate interest
Improve Digital
Cookie duration: 90 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Adobe Advertising Cloud
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device identifiers, Authentication-derived identifiers, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Bannerflow AB
Cookie duration: 30 (days).
Data collected and processed: IP addresses, Device characteristics, Non-precise location data, Privacy choices
more
Cookie duration resets each session.
View details | Privacy policy
Consent
TabMo SAS
Cookie duration: 90 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Integral Ad Science (incorporating ADmantX)
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Browsing and interaction data, Non-precise location data, Privacy choices
more
View details | Privacy policy
Legitimate interest
Wizaly
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Weborama
Cookie duration: 393 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Readpeak Oy
Cookie duration: 390 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Jivox Corporation
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Sojern, Inc.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Polar Mobile Group Inc.
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Browsing and interaction data, Privacy choices
more
View details | Privacy policy
Legitimate interest
On Device Research Limited
Cookie duration: 30 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
Exactag GmbH
Cookie duration: 180 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Privacy choices
more
Cookie duration resets each session.
View details | Privacy policy
Consent
Celtra Inc.
Consent
ADTIMING TECHNOLOGY PTE. LTD
Cookie duration: 30 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Gemius SA
Cookie duration: 1825 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
InMobi Pte Ltd
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles
more
Uses other forms of storage.
View details | Privacy policy
Consent
The Kantar Group Limited
Cookie duration: 914 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Privacy policy
Consent
Samba TV UK Limited
Cookie duration: 390 (days).
Data collected and processed: IP addresses, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
Nielsen Media Research Ltd.
Cookie duration: 120 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, User-provided data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
RevX
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Users’ profiles, Privacy choices
more
View details | Privacy policy
Consent
Pixalate, Inc.
Consent
Triapodi Ltd. d/b/a Digital Turbine
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Privacy choices
more
View details | Privacy policy
Consent
AudienceProject A/S
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Eulerian Technologies
Cookie duration: 390 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Privacy policy
Consent
Seenthis AB
travel audience GmbH
Cookie duration: 397 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
HUMAN
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Non-precise location data
more
View details | Privacy policy
Legitimate interest
Streamwise srl
Cookie duration: 366 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Innovid LLC
Cookie duration: 90 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Zeta Global Corp.
Cookie duration: 390 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
View details | Privacy policy
Consent
Madington
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Probabilistic identifiers, Non-precise location data
more
View details | Privacy policy
Legitimate interest
Opinary (Affinity Global GmbH)
Cookie duration: 60 (days).
Data collected and processed: IP addresses, Device characteristics, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
GumGum, Inc.
Cookie duration: 90 (days).
Data collected and processed: IP addresses, Device characteristics, Browsing and interaction data, Non-precise location data
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
Cint USA, Inc.
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
Consent
Jampp LTD
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Precise location data
more
Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
Realtime Technologies GmbH
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, User-provided data, Non-precise location data, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
DeepIntent, Inc.
Cookie duration: 548 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Non-precise location data
more
Cookie duration resets each session.
View details | Privacy policy
ConsentLegitimate interest
Happydemics
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
Consent
Otto GmbH & Co. KGaA
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device identifiers, Browsing and interaction data, User-provided data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Adobe Audience Manager, Adobe Experience Platform
Cookie duration: 180 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
CHEQ AI TECHNOLOGIES
Localsensor B.V.
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Non-precise location data, Precise location data, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
Consent
Adnami Aps
Legitimate interest
Blue
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Browsing and interaction data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
Consent
Relay42 Netherlands B.V.
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, User-provided data, Users’ profiles, Privacy choices
more
View details | Privacy policy
Consent
Mobsuccess
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Liftoff Monetize and Vungle Exchange
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
The MediaGrid Inc.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Go.pl sp. z o.o.
Cookie duration: 3000 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
HyperTV, Inc.
Cookie duration: 3650 (days).
Data collected and processed: IP addresses, Device characteristics, Probabilistic identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Appier PTE Ltd
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
6Sense Insights, Inc.
Cookie duration: 731 (days).
Data collected and processed: IP addresses, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles
more
Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Google Advertising Products
Cookie duration: 396 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
GfK GmbH
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Clinch Labs LTD
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Amazon Ads
Cookie duration: 396 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
LinkedIn Ireland Unlimited Company
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Authentication-derived identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Moloco, Inc.
Cookie duration: 730 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Non-precise location data
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Nielsen International SA
Cookie duration: 390 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, User-provided data, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Mintegral International Limited
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Privacy choices
more
Uses other forms of storage.
View details | Privacy policy
ConsentLegitimate interest
PRECISO SRL
Cookie duration: 360 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles
more
Cookie duration resets each session. Uses other forms of storage.
View details | Storage details | Privacy policy
Consent
Pelmorex Corp.
Cookie duration: 365 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choices
more
View details | Storage details | Privacy policy
Consent
TikTok Ad Network
Doesn't use cookies.
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Probabilistic identifiers, Browsing and interaction data, User-provided data, Non-precise location data, Users’ profiles, Privacy choices
more
Uses other forms of storage.
View details | Storage details | Privacy policy
ConsentLegitimate interest
Extreme Reach, Inc
Cookie duration: 180 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
more
Cookie duration resets each session.
View details | Privacy policy
Consent
Somplo Ltd
Legitimate interest
Adelaide Metrics Inc
Legitimate interest
Baidu (Hong Kong) Limited
Consent
Arpeely Ltd.
ConsentLegitimate interest
Adventure Media SARL
Cookie duration: 3650 (days).
Data collected and processed: IP addresses, Device characteristics, Device identifiers, Browsing and interaction data, Non-precise location data, Privacy choices
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2026-03-26 10:371mo ago
2026-03-26 06:271mo ago
Crypto : Cardano Signs a Major Deal with a British Bank
Crypto advances this time on concrete ground. Monument Bank, a regulated British bank, plans to tokenize up to 250 million pounds sterling of retail deposits on Midnight, a blockchain developed within the Cardano ecosystem. This partnership places Cardano in a rarely reached area by crypto projects: that of regulated banking use, with real deposits, real regulation, and a clear commercial application.
In Brief Crypto finds here a serious entry point into regulated British banking. Cardano mainly advances via Midnight, its privacy-focused component. The real verdict will come from execution, not from the enthusiasm around the announcement. An Agreement That Finally Gives a Concrete Face to Banking Crypto The announcement matters because it is not based on a vague promise. Deposits must remain fully backed by the funds held by the bank, redeemable in pounds sterling and protected by the British framework.
The strong point of this case is the profile of Monument Bank. The bank presents itself as a fully regulated institution in the United Kingdom. It states it is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority. It also claims to have more than 100,000 customers and over 7 billion pounds in savings. So it is not a marginal structure that came to test a marketing gadget.
This is also what makes Charles Hoskinson’s reaction understandable. The founder of Cardano praised the deal as one of the biggest ever made in the ecosystem, estimating that it could attract hundreds of millions, even billions, in locked value to Midnight. The phrase is ambitious, almost provocative, but it mainly shows that he sees this partnership as a strategic pivot rather than just another announcement.
In short, crypto no longer just tries to compete with the bank. It seeks here to connect properly to it. This nuance deserves to be noted. For a long time, the industry boasted total disintermediation. Now, a part of the market rather seeks to make traditional finance more programmable, without breaking the regulatory framework that supports it.
Midnight Plays a More Important Role Here Than the Simple Cardano Name It is important to be precise on the substance. The deal is based on Midnight, not on a direct use of the ADA crypto as a banking tool. Midnight presents itself as a privacy-oriented blockchain, built around zero-knowledge proofs and selective disclosure. This is exactly the kind of architecture a bank can consider without wincing.
Why is this point central? Because the major weakness of public blockchains in finance remains data exposure. A bank cannot handle sensitive information as if publishing a simple transfer between crypto wallets. Midnight highlights a logic where some data remain private, while the elements necessary for compliance can be revealed to authorized actors.
In other words, Midnight tries to solve a very concrete problem. The blockchain promises efficiency, but the bank demands confidentiality. When these two worlds clash, adoption stalls. Here, the bet is to make the two coexist. It is subtler than a narrative about the “financial revolution.” But it is often how sustainable usages begin.
Behind the Tokenized Deposits, Monument Prepares a Broader Offer The announced plan follows three steps. The first aims up to 250 million pounds in tokenized deposits. The second should open access to tokenized products tied to real assets, distributed via the bank’s application. The third foresees Lombard-type loans, allowing borrowing against the value of investments held within the Monument ecosystem.
This progression says a lot about the project’s vision. The tokenized deposit is not the end of the story. It serves as a base. Monument wants to build an environment where savings, investment, and credit can operate within the same digital mechanism. In other words, the blockchain is not presented as a product. It becomes an almost invisible infrastructure layer for the end customer.
Here is where the agreement becomes interesting for crypto at large. If it works, it will show that a regulated actor can use a public blockchain without relinquishing control, compliance, or client protection. Cardano thus gains more than a flattering title. Its ecosystem gains a real-world test. And in this market, real tests are worth much more than well-packaged promises.
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Lydie M.
Enseignante et ingénieure IT, Lydie découvre le Bitcoin en 2022 et plonge dans l’univers des cryptomonnaies. Elle vulgarise des sujets complexes, décrypte les enjeux du Web3 et défend une vision d’un futur numérique ouvert, inclusif et décentralisé.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2026-03-26 10:371mo ago
2026-03-26 06:301mo ago
Cardano Founder Says This Midnight Deal Could Bring Billions In TVL
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Cardano founder Charles Hoskinson says Midnight’s new partnership with Monument Bank could become one of the biggest commercial wins yet for the privacy-focused network, after the UK lender unveiled plans to put retail customer deposits on a public blockchain. In a post on X, the Cardano founder wrote:
“This is one of the largest deals we’ve ever done and could bring hundreds of millions to billions of TVL to the Midnight ecosystem. I’m extremely proud of Fahmi Syed and his team at the Midnight Foundation for the hard work they put into the negotiations with Monument. Midnight is the home of Web 2.5 ventures.”
Why The Cardano So Enthusiastic Monument, a UK digital bank serving the mass-affluent segment, said it plans to become the first UK bank to tokenize retail customer deposits on a public blockchain, with Midnight providing the underlying network and privacy-preserving architecture.
The first phase is concrete. Monument said it is targeting up to £250 million in tokenized deposits, with each token representing a one-to-one claim on funds held at the bank. Those deposits are intended to remain interest-bearing, redeemable in pounds sterling and protected within the existing regulatory framework, including the Financial Services Compensation Scheme. Monument says it currently serves more than 100,000 clients and has over £7 billion in savings deposits, giving the project a real balance-sheet base rather than a purely experimental starting point.
That setup is central to Midnight’s pitch. The tokenized deposits are not being framed as a new synthetic asset or an offshore wrapper, but as a blockchain mirror of traditional bank deposits. According to the release, transaction data on Midnight will be shielded and visible only to Monument and its customers, an architecture aimed at preserving the confidentiality banks need while still using public-chain rails.
Midnight Foundation President Fahmi Syed used the deal to make a broader point about institutional blockchain adoption. Financial firms, he said, have struggled with the tension between openness and banking-grade confidentiality. Midnight, in his words, is designed to “represent assets on public networks” while protecting “sensitive financial information,” and Monument’s rollout is meant to show that regulated products can move on-chain without stepping outside existing compliance and consumer-protection frameworks.
The longer-term roadmap explains why Hoskinson is talking in terms of billions rather than the initial £250 million. Phase two would expand beyond tokenized deposits into tokenized investment products delivered through the Monument app, including access to private equity, commodity funds and structured products. Phase three would introduce Lombard-style lending, allowing clients to borrow against investments without selling them. Monument also said its technology affiliate aims to extend tokenized-deposit functionality to other institutions through its Banking-as-a-Service platform.
In that sense, Hoskinson’s TVL projection reads less like a claim about day-one inflows and more like a statement about the size of the pipeline if the rollout expands as planned. The hard figure disclosed so far is £250 million in the first phase. But if Monument can move from deposit tokenization into investment products, lending and third-party enablement, Midnight would be competing for balance-sheet-linked activity that is structurally different from mercenary DeFi liquidity.
For Midnight, the partnership is also a live test of its core thesis: that privacy-enhancing infrastructure can make public blockchains usable for regulated finance. If Monument executes beyond the pilot, the deal would give the Cardano-linked network something many crypto projects still lack, a banking use case tied to real deposits, real customers and a product roadmap built to stay inside the guardrails of traditional finance.
At press time, Cardano traded at $0.26.
Cardano hovers below key resistance, 1-month chart | Source: ADAUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2026-03-26 10:371mo ago
2026-03-26 06:301mo ago
Bitcoin Recovery Lacks One Key Ingredient, Glassnode Warns
Bitcoin has clawed its way back toward $70,000 after a sharp slide to roughly $67,000, but Glassnode says the rebound still lacks the kind of demand profile needed to turn stabilization into a more durable recovery.
In its latest weekly report from March 25, titled Awaiting Liquidity, the on-chain analytics firm argued that several pressure points have eased at once, including sell-side intensity, ETF outflows and dealer-driven market imbalances. Even so, muted spot volumes, subdued leverage and a dense band of overhead supply suggest the market is not yet in a high-conviction breakout phase.
Weak Spot Bitcoin Demand Could Limit The Upside Glassnode’s central point is that the structure has improved, but not enough to declare the correction finished. “Bitcoin is beginning to show some constructive signs after a sharp corrective move, with price stabilising, ETF flows improving, and derivatives positioning becoming less one-sided,” the report said. “The pressure that defined the recent selloff appears to be easing, and the market is starting to look more balanced than it did a week ago.”
That balance, however, sits inside a narrow and still fragile range. Glassnode said a new accumulation cluster is forming around current levels, with the 1-week to 1-month cohort carrying a cost basis near $70,200. That gives the market a developing support floor, but one the firm described as vulnerable because the current base of buyers remains modest.
Above the market, the resistance picture is heavier. The 1-month to 3-month holder cohort sits around $82,200, while Glassnode also flagged a larger cluster of short-term holder supply between roughly $93,000 and $97,000. Elsewhere in the report, it noted “a notably heavy concentration of short-term holder supply above $84k,” describing that inventory as a potential source of renewed sell pressure on any sustained recovery attempt.
The on-chain backdrop also points to a market under stress, but not one showing outright panic. Relative unrealized losses have stabilized above 15% of market cap over the past two months, a pattern Glassnode said resembles the fear seen in the second quarter of 2022, though still well short of capitulation episodes like the FTX collapse.
At the same time, realized profitability has thinned out dramatically. Entity-adjusted realized profit, using a 7-day moving average, has fallen from around $3 billion per day in July 2025 to below $100 million now, a decline of more than 96%. For Glassnode, that speaks to both sides of the current setup: fewer profitable sellers left to distribute coins, but also a weaker flow of fresh capital into the market.
“Spot market activity remains relatively muted following the sharp selloff into the $67k region, with aggregate exchange volumes showing only a modest response during the subsequent recovery,” the report said.
Compared to the stronger participation seen during prior impulsive advances, current spot volumes remain soft. This suggests the rebound back toward $70k has so far been supported more by selective dip-buying and short-term repositioning than by broad-based spot demand returning at scale.”
That is the missing ingredient in Glassnode’s view. ETF flows have improved, with the 7-day average turning modestly positive after an extended stretch of outflows, suggesting early institutional re-engagement. But the firm stressed that the scale of those inflows remains limited compared with earlier accumulation phases.
Derivatives markets tell a similarly cautious story. Perpetual funding rates remain negative, implying traders are still paying to hold downside exposure, while futures open interest has stayed relatively subdued rather than expanding alongside the bounce. Options markets are no longer flashing acute stress, but they are not pricing strong upside conviction either. Short-dated skew remains tilted toward puts, showing continued demand for downside protection, even as longer-dated positioning looks more balanced.
A major near-term variable is Friday’s weekly, monthly and quarterly options expiry. Glassnode said dealers remain concentrated in short gamma between $70,000 and $75,000, with around $10 billion of that positioning set to roll off. Once that mechanical influence clears, BTC may become more sensitive to broader macro and liquidity conditions.
At press time, BTC traded at $69,961.
Bitcoin must break above $74,500, 1-week chart | Source: BTCUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
2026-03-26 10:371mo ago
2026-03-26 06:361mo ago
Alchemy Pay and HTF Securities Obtain SFC Type 1 License Upgrade for Virtual Asset Trading
TLDR: Alchemy Pay and HTF Securities secured an SFC Type 1 license upgrade covering virtual asset dealing services in Hong Kong. The SFC Type 1 and Type 4 license upgrades are complete, while the Type 9 asset management upgrade remains in progress. Alchemy Pay plans to launch its own stablecoin and develop the Alchemy Chain stablecoin-based ecosystem in Hong Kong. Alchemy Pay holds over 15 active licenses globally, spanning the US, Australia, South Korea, Europe, and Southeast Asia. Alchemy Pay and HTF Securities Limited have completed a major regulatory milestone in Hong Kong. The Hong Kong Securities and Futures Commission approved an upgrade of HTF Securities’ Type 1 license.
The extension now covers virtual asset dealing services for both professional and retail investors. This follows a previously completed Type 4 license upgrade. The Type 9 license upgrade is still in progress.
HTF Securities Advances Its Full-Spectrum Licensing Portfolio The SFC Type 1 license covers dealing in securities within Hong Kong’s regulated financial market. Its upgrade adds virtual asset dealing to HTF Securities’ approved scope of services.
HTF Securities Limited, with Central Entity No. BNO909, operates under direct SFC regulation. Alchemy Pay made a strategic investment in the firm to advance its Hong Kong presence.
The SFC’s Type 1, 4, and 9 licenses form a core trio for comprehensive financial services. They cover securities trading, investment advisory, and asset management activities respectively.
Together, they represent one of the broadest regulatory permission sets available in Hong Kong. The SFC also allows holders of these licenses to apply for virtual asset business extensions.
Alchemy Pay confirmed the progress of its licensing efforts following the announcement, stating: “We have completed the Type 1 & Type 4 license upgrade, while the Type 9 license upgrade is still in process.” The company views this as part of a phased approach to building a full regulatory framework in Hong Kong.
🇭🇰 #AlchemyPay, together with SFC-licensed HTF Securities Limited, is pleased to announce the successful uplift of SFC Type 1 license to include virtual asset trading services.
With this upgrade secured, we have completed the Type 1 & Type 4 license upgrade, while the Type 9… pic.twitter.com/j7WoU17M0n
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 26, 2026
Alchemy Pay and HTF Securities had already secured the Type 4 (Advising on Securities) upgrade earlier. Both parties are now pursuing a further application for the Type 9 license upgrade.
This upgrade would extend virtual asset services into the asset management category. The application is currently being reviewed by the SFC.
With the Type 1 and Type 4 upgrades now in place, Alchemy Pay strengthens its regulatory standing. The company has positioned itself as a bridge between traditional finance and digital assets.
These licenses allow it to serve a wider base of investors across the region. Each regulatory step builds greater trust with both institutional and retail participants.
Stablecoin Strategy and Global Compliance Drive Further Growth The license achievement also supports Alchemy Pay’s planned stablecoin initiatives in Hong Kong. The company is working toward launching its own stablecoin in the near term.
It is also developing the Alchemy Chain stablecoin-based ecosystem as part of this plan. These efforts align with Hong Kong’s active push to regulate digital assets and stablecoins.
In addressing its long-term direction, Alchemy Pay stated that it “remains committed to building the bridge between traditional finance and digital assets in Asia’s leading financial hub.”
The company added that it is focused on strengthening its roots in Hong Kong as the regulatory environment continues to evolve.
Globally, Alchemy Pay holds 15 Money Transmitter Licenses across the United States. The company also carries a Digital Currency Exchange Provider registration in Australia.
It holds an Electronic Financial Business registration in South Korea as well. Additional licenses cover key markets across Europe and Southeast Asia.
The Hong Kong milestone supports Alchemy Pay’s broader goal of enabling fiat-to-crypto conversions worldwide. These services target key financial markets where regulatory clarity is advancing.
The company’s compliance record now spans more than 15 active jurisdictions. Its long-term strategy centers on expanding payment services across Asia and other emerging markets.
2026-03-26 10:371mo ago
2026-03-26 06:361mo ago
CoinShares says part of Bitcoin fleet Is unprofitable
Bitcoin mining margins remain under pressure as lower revenue and higher operating costs narrow the list of viable operators.
Summary
CoinShares said falling hashprice has pushed part of the Bitcoin mining fleet below profitability levels. Older mining machines face the most pressure as electricity costs rise above sustainable operating thresholds. Bitcoin difficulty dropped sharply in March, offering some relief while miner margins remained under pressure. A new CoinShares report says part of the global mining fleet now sits below profitability, with older machines and higher power costs facing the most pressure.
CoinShares said Q4 2025 was the hardest quarter for Bitcoin miners since the April 2024 halving. The firm said lower Bitcoin prices and near-record network hashrate pushed hashprice to five-year lows and lifted the weighted average cash cost to produce one Bitcoin among listed miners to about $79,995 in Q4 2025.
The report said hashprice dropped further to about $29 per PH/s/day in Q1 2026. CoinShares added that current mining economics do not support a broad hardware refresh cycle, as weaker returns continue to pressure balance sheets and daily cash flow across the sector.
Older machines and higher power costs face the most pressure CoinShares said the current revenue level makes several machine models unworkable at common power rates. The report stated that any miner running hardware below an S19 XP at electricity costs of 6 cents per kilowatt-hour or more is losing money at a hashprice near $30 per PH/s/day.
The firm estimated that this group accounts for about 15% to 20% of the global Bitcoin mining fleet. That places the current squeeze on operators with older fleets, weaker efficiency, or less favorable power agreements, while larger miners with newer hardware and cheaper energy retain more room to operate.
Moreover, hashrate Index said USD hashprice rose 4.9% in the week to March 23, reaching $33.65 per PH/s/day from $32.08. Even so, the same report said that at about $33 per PH/s/day, hashprice remains at or below breakeven for many miners depending on machine type and operating costs.
The network has already started to reflect that strain. Hashrate Index said Bitcoin’s latest difficulty adjustment on March 20 cut difficulty by 7.76% to 133.79 trillion, reducing the work needed to mine a block and giving some relief to miners that stayed online.
CoinShares sees more stress if Bitcoin stays below key levels CoinShares head of research James Butterfill said,
“If prices were to stay below US$80k for the remainder of the year, we forecast the hashprice to continue to fall.”
He added that in that scenario, “the hashprice would more likely flatline” as miners switch off unprofitable rigs and network hashrate falls.
CoinShares also said higher-cost miners may face more capitulation in the first half of 2026 unless Bitcoin recovers. The report said the sector is moving toward operators with structural advantages, including low-cost power, better machine efficiency, and the ability to shift part of their business toward AI and data center services.
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, March 26:
TTEC Holdings, Inc. (TTEC - Free Report) : This customer experience services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.
TTEC Holdings has a PEG ratio of 0.26 compared with 0.72 for the industry. The company possesses a Growth Score of A.
National Energy Services Reunited Corp. (NESR - Free Report) : This oilfield services company carriesa Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.
National Energy Services Reunited has a PEG ratio of 0.61 compared with 1.09 for the industry. The company possesses a Growth Score of B.
The Hershey Company (HSY - Free Report) : This confectionery company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.6% over the last 60 days.
The Hershey has a PEG ratio of 1.37 compared with 1.44 for the industry. The company possesses a Growth Score of B.
See the full list of top-ranked stocks here.
Learn more about the Growth score and how it is calculated here.
2026-03-26 09:371mo ago
2026-03-26 04:281mo ago
Oxford Industries Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Oxford Industries, Inc. (NYSE:OXM) will release earnings for its fourth quarter after the closing bell on Thursday, March 26.
Analysts expect the Atlanta, Georgia-based company to report quarterly earnings of 3 cents per share, down from $1.37 per share in the year-ago period. The consensus estimate for Oxford Industries' quarterly revenue is $371.84 million (it reported $390.5 million last year), according to Benzinga Pro.
On Dec. 10, Oxford Industries posted upbeat third-quarter results but slashed its FY25 guidance below estimates.
Oxford Industries shares fell 2.5% to close at $32.97 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
Considering buying OXM stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
CompaniesMarch 26 (Reuters) - British Gas owner Centrica (CNA.L), opens new tab and Ceres Power (CWR.L), opens new tab announced a partnership on Thursday to deploy solid oxide fuel cell power solutions to meet the multi-gigawatt demand from commercial and industrial customers across the UK and Europe.
"Businesses across the UK and Europe need more power, and they need it faster than the electricity grids can deliver," said Centrica CEO Chris O'Shea.
The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
Here are some key details of the partnership:
The partnership offers grid-independent on-site power that can be deployed faster than gas turbines or nuclear, addressing the widening gap between electricity demand and available grid capacity.
Ceres' solid oxide fuel cell technology operates on natural gas initially, with a pathway to biogas and hydrogen fuels, and is suited to carbon capture applications.
Centrica is exploring integration of Ceres' electrolyser technology with its advanced modular reactor programme to produce nuclear-enabled green hydrogen.
Target sectors include data centres, AI compute hubs, advanced manufacturing, logistics and distribution centres, and other critical commercial and industrial applications.
Under the collaboration, Ceres will support Centrica through project origination, installation and commissioning, among others.
Shares of Ceres Power were up 4.6% at 323 pence, while Centrica was trading marginally higher in early trade.
Reporting by Rishab Shaju in Bengaluru
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-26 09:371mo ago
2026-03-26 04:331mo ago
HeLIX Exploration says importance of domestic US helium supply has 'never been more apparent' as offtake talks continue
HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) used its full-year results to spotlight its move into production at the Rudyard project, in Montana, where it has made the timely transition from explorer at a time when helium supplies are squeezed.
"The strategic importance of domestic helium production has never been more apparent. The ongoing conflict in the Middle East and Iran's effective closure of the Strait of Hormuz since early March 2026 has removed approximately one-third of global helium supply from the market," chief executive Bo Sears highlighted in his written comments.
"Helix's position as a domestic North American producer, with no dependence on Gulf shipping routes or geopolitically exposed infrastructure, is a material and strategic advantage.
"We are in active dialogue with customers seeking reliable, secure supply, and we expect this environment to be constructive for both pricing and offtake negotiations in the near term."
Helix's processing facility is operational, with Rudyard coming online for first helium-production after the reporting period covered by Thursday's financial results.
For the year ended 30 September 2025, Helix reported no revenue and a total operating loss of £1.86 million, compared with £2.17 million in the prior period.
Cash and cash equivalents stood at £2.73 million at year-end, down from £4.96 million, after the group invested heavily in plant and equipment and exploration assets as it moved Rudyard toward production.
Helix raised £4.5 million in June 2025 to bring the group into production (which began in February), then secured a further £2.2 million in March 2026 to bolster working capital while it negotiates offtake agreements.
2026-03-26 09:371mo ago
2026-03-26 04:361mo ago
Meta Stock Dumped by Cathie Wood. Her ARK Funds Go Big On This AI Play Instead.
OptimizeRx (OPRX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
2026-03-26 09:371mo ago
2026-03-26 04:421mo ago
Lleida.net Secures Ninth US Patent for eIDAS Notification Method
USPTO grants patent to Lleida.net, extending 20-year protection for the company's registered electronic notice system March 26, 2026 04:42 ET | Source: LLeida.net
Madrid, March 26, 2026.- The United States Patent and Trademark Office (USPTO) has granted Lleida.net (BME:LLN) (EPA:ALLLN) its ninth patent in the country. The patent, numbered US 12,563,028 B2, covers the company's method for certification of electronic notices under the eIDAS framework, the European regulation governing identification and trust services for electronic transactions.
The patent, dated February 24, 2026, protects a method by which a telecommunications operator can send certified notices via email or SMS, verifying the identity of the recipient through a proxy server connected to a certification authority. The system ensures that only the intended recipient can access the notification, using the digital certificate installed in the recipient's browser.
The patented method can act as a verified shield against AI-generated impersonation and deepfake-driven fraud. No third party, human or automated, can intercept or forge a certified communication under this system.
The method is listed under the title "Platform and Method of Certification of an Electronic Notice for Electronic Identification and Trust Services (eIDAS)." It is a continuation of the company's previous patents, including US 10,938,802 and US 11,750,592. The invention is attributed to Francisco Sapena Soler, founder and CEO of Lleida.net.
The eIDAS notification method gains relevance as digital signatures become a front-line defence against AI-driven fraud in electronic communications. The patented system prevents third-party impersonation at the notification level, a safeguard that carries weight in jurisdictions where certified notifications are a mandatory prerequisite to civil litigation, as is the case in Spain under Organic Law 1/2025.
Spain currently processes approximately 3.5 million judicial proceedings per year affected by that law. The requirement for legally valid certified notifications before any civil court action is expected to extend to additional jurisdictions in the coming years, broadening the potential market for the technology.
Lleida.net also holds the equivalent European patent for the same eIDAS method. The company has accumulated more than 300 patents across more than 60 countries for its innovations in certified electronic signature, notification, and contracting.
"Digital signatures are the strongest barrier against the use of artificial intelligence in fraudulent processes. This patent protects a method that ensures a notification can only be received by its intended recipient and holds full legal standing in court," said Sisco Sapena, CEO and founder of Lleida.net.
Founded in 1995, Lleida.net is one of Europe's leading providers of certified notification, electronic contracting, and digital signature services. The company holds more than 300 patents in over 60 countries covering certified notification, electronic contracting, and digital signature technologies. Its shares are listed on BME Growth in Madrid, where they have been for ten years, as well as on Euronext Paris and the Stuttgart and Frankfurt stock exchanges.
In 2018, Lleida.net became the first Spanish company to obtain eIDAS certification. The company began 2026 with 8,886 active clients, a 55.62% increase over the previous year, and closed 2025 with record EBITDA of 4.05 million euros and pre-tax profit of 1.40 million euros, both all-time highs.
If momentum were the only factor to consider, choosing between stocks would be a piece of cake. For example, shares of Costco Wholesale (COST +0.09%) are up by a double-digit percentage so far this year, while Amazon's (AMZN +2.16%) stock is down by a double-digit percentage. Based on momentum, Costco would be the hands-down winner.
However, savvy investors know that there's much more to consider when buying a stock than momentum alone. Which is the better stock to buy right now -- Amazon or Costco? Here's how the two retail stocks compare.
Image source: Amazon.
The case for Amazon Yes, Amazon's stock performance has been dismal in 2026. However, it isn't because the company is struggling. Amazon reported net sales of $213.4 billion in the fourth quarter of 2025, up a strong 14% year over year. Its earnings rose 6% to $21.2 billion.
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What's behind Amazon's pullback? Investors experienced sticker shock after management announced plans to spend a stunning $200 billion in capital expenditures this year, with much of the money going toward artificial intelligence (AI) infrastructure for Amazon Web Services (AWS), the company's cloud services unit.
Amazon CEO Andy Jassy strongly believes the company's AI investments will pay off. He noted in the Q4 earnings call that AWS is "monetizing capacity as fast as we can install it." If you agree with Jassy, the stock will be a great pick right now. Amazon's price-to-earnings ratio is near its lowest level ever.
The case for Costco Costco remains one of the best consumer defensive stocks around. Whenever inflation rises or the economy stumbles, investors can count on Costco's business holding up quite well.
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That business performed nicely in the latest quarter. Costco announced net sales increased 9.1% year over year to $68.2 billion in its fiscal 2026 second quarter. Net income jumped 13.8% to $2.04 billion.
While tariffs are causing prices on many products to increase, Costco CEO Ron Vachris said in the company's Q2 earnings call, "At Costco, we always want to be the first to lower prices and the last to raise them." This philosophy is important to Costco's renewal rate in the U.S. and Canada, which has remained high at 92.1% even after raising membership fees. In an uncertain market like the one we have now, such pricing power is a big plus for this stock.
The verdict I think that both Amazon and Costco are solid picks for long-term investors. However, there are two reasons why I view Amazon as the better pick.
First, Costco is arguably priced for perfection with its forward price-to-earnings ratio of 48. Amazon looks downright cheap compared to its shares, which trade at 26 times forward earnings.
Second, while both Amazon and Costco are retail stocks, Amazon is also an AI stock. The company should have tremendous growth prospects, with agentic AI serving as a major tailwind.
Thierry Dominique Garnier - CEO & Executive Director
Conference Call Participants
Poppy Roseveare
Presentation
Thierry Dominique Garnier
CEO & Executive Director
Hello, everyone, from the B&Q Harringay store we opened just 4 weeks ago, and it is great to visit this new store and to meet the team. I'm also here to share Kingfisher's performance for '25-'26 with you. And I want to start by thanking all of you, all our colleagues for your hard work and dedication. This enabled us to deliver a strong performance last year, driven by our strategic progress. And we grew significant market share in each of our banners in the U.K., in France and Spain, and we maintained market share in Poland.
Our sales growth was led by volume and transactions with underlying like-for-like sales up 1.4%. Adjusted profit before tax was up 6% and grew by 13% when we exclude a business rates over payment refund the previous year. Free cash flow was also up to GBP 512 million. This financial discipline meant we could invest significantly more in our stores and technology last year than in the previous year. B&Q and Screwfix in the U.K. were standout performers with sales up over 4% and B&Q sales were up by nearly 6% when we include marketplace.
Now let us hear more about what we are seeing across our stores from two of our fantastic colleagues. Over to you, Mariusz and Poppy.
Unknown Attendee
[Foreign Language]
Poppy Roseveare
Thank you, Mariusz, and hi, everyone. I'm Poppy, the Melksham Store Assistant Manager. I've been with Screwfix for 2 years, and I was recently promoted whilst on my apprenticeship course, which has helped me build my confidence and skills in store. What I love most is helping
2026-03-26 09:371mo ago
2026-03-26 04:491mo ago
Google top India counsel quits in latest departure amid regulatory hurdles, sources say
Visitors walk near a logo of Google at Bharat Mandapam, one of the venues for AI Impact Summit, in New Delhi, India, February 17, 2026. REUTERS/Bhawika Chhabra Purchase Licensing Rights, opens new tab
CompaniesNEW DELHI, March 26 (Reuters) - Google's top India counsel, Bijoya Roy, has resigned after 16 months in the role, two sources said, a high-profile exit in a key market where the U.S. tech giant is facing regulatory hurdles and also lacks a government relations head.
India is crucial for Alphabet's (GOOGL.O), opens new tab Google since most smartphones in the country run on its Android operating system, even as Apple's (AAPL.O), opens new tab share is growing steadily.
The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.
Google also faces antitrust cases in India, legal challenges over AI training and stricter-than-ever content takedown regulations that started applying to tech companies from February.
Roy quit last month for personal reasons to start her own venture, said one of the sources on Thursday. The two sources declined to be named as the decision is not public.
Google did not respond to a request for comment, while Roy declined to comment.
Last year, Google's head of public policy in India, Sreenivasa Reddy, quit, the second departure for that role in around two years. The company has still not filled the role.
In October, Google said it would invest $15 billion over five years to set up an artificial intelligence data centre in India's southern state of Andhra Pradesh, its biggest ever investment in the world's most populous nation.
Reporting by Aditya Kalra; Editing by Arun Koyyur
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories on some of the world's biggest companies. He joined Reuters in 2008 and has in recent years written stories on challenges and strategies of a wide array of companies -- from Amazon, Google and Walmart to Xiaomi, Starbucks and Reliance. He also extensively works on deeply-reported and investigative business stories.
2026-03-26 09:371mo ago
2026-03-26 04:541mo ago
Stock Market Today: Dow Jones, S&P 500 Futures Fall As Trump Prepares To 'Unleash Hell' On Iran—Pony AI, Worthington Steel, Olaplex Holdings In Focus
U.S. stock futures fell on Thursday following Wednesday’s advances. Futures of the major benchmark indices were lower.
White House Press Secretary Karoline Leavitt said in a media briefing on Wednesday that "If Iran fails to accept the reality of the current moment… President Trump will ensure they are hit harder than they have ever been hit before… he is prepared to unleash hell."
This unfolded as President Donald Trump said on Wednesday that Iran was eager to reach a deal to end nearly four weeks of fighting, contradicting Iran’s foreign minister, who said Tehran was reviewing a U.S. proposal but had no plans to negotiate an end to the conflict.
Meanwhile, the 10-year Treasury bond yielded 4.37%, and the two-year bond was at 3.94%. The CME Group's FedWatch tool‘s projections show markets pricing a 93.8% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.
IndexPerformance (+/-)Dow Jones-0.47%S&P 500-0.55%Nasdaq 100-0.65%Russell 2000-0.92%Stocks In Focus Benzinga’s Edge Stock Rankings indicate that OLPX maintains a weak price trend over the long, short, and medium terms. FiscalNote Holdings Benzinga’s Edge Stock Rankings indicate that NOTE maintains a weak trend in the long, short, and medium terms. Worthington Steel Worthington Steel Inc. (NYSE:WS) plunged 14.04% after reporting weaker-than-expected third-quarter financial results. Benzinga’s Edge Stock Rankings indicate that WS maintains a weak price trend over the short, medium, and long terms, with a solid value score. MillerKnoll MillerKnoll Inc. (NASDAQ:MLKN) slumped 19.16% after reporting worse-than-expected third-quarter financial results and issuing weak fourth-quarter earnings guidance. Benzinga’s Edge Stock Rankings indicate that MLKN maintains a weak trend in the short, long, and medium terms, with a poor growth score. Pony AI Benzinga’s Edge Stock Rankings indicate that PONY maintains a weak price trend in the short, medium, and long terms. Cues From Last SessionConsumer discretionary, materials, and health care stocks led the S&P 500 higher on Wednesday, while energy and real estate shares finished in the red.
Insights From AnalystsAccording to BlackRock's March 2026 commentary, the firm has downgraded U.S. stocks to neutral as escalating Middle East conflict creates a significant “macro shock.”
This geopolitical instability has triggered a “sharp repricing in energy markets,” leading to expectations of a prolonged supply disruption that could drag on global growth by approximately 0.75%.
BlackRock highlights a growing “market disconnect,” noting that current equity prices do not yet reflect the “macro damage that energy pricing implies.” While the S&P 500 remains near record highs, the firm warns that higher energy costs and uncertainty will soon weigh on demand.
Economically, the “energy shock has further weakened the case for the Fed’s easing rates this year.” Market expectations have shifted dramatically from anticipating three rate cuts to “veering toward a hike.”
BlackRock suggests that the window for Fed intervention is “closing fast” as persistent inflation and high debt burdens keep bond yields elevated. Consequently, they are “dialing down tactical risk,” remaining cautious until tangible evidence of de-escalation appears.
Upcoming Economic DataHere's what investors will be keeping an eye on Thursday.
Initial jobless claims for the week ending March 21 will be out by 8:30 a.m. ET. A series of Fed speakers are scheduled for the evening, including Governor Lisa Cook at 4:00 p.m., Governor Stephen Miran at 6:30 p.m., Vice Chair Philip Jefferson at 7:00 p.m., and Governor Michael Barr at 7:10 p.m. ET. Commodities, Crypto, And Global Equity MarketsCrude oil futures were trading lower in the early New York session by 3.55% to hover around $93.53 per barrel.
Gold Spot US Dollar fell 1.72% to hover around $4,428.84 per ounce. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.08% higher at the 99.6820 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.50% higher at $71,238.02 per coin, as per the last 24 hours.
Asian markets closed lower on Thursday, except India’s Nifty 50 index. South Korea's Kospi, Japan's Nikkei 225, China’s CSI 300, Australia's ASX 200, and Hong Kong's Hang Seng indices fell. European markets were also lower in early trade.
Photo courtesy: Shutterstock
Market News and Data brought to you by Benzinga APIs
Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Purchase Licensing Rights, opens new tab
CompaniesTOKYO, March 26 (Reuters) - Japan's Rohm (6963.T), opens new tab, Toshiba and Mitsubishi Electric (6503.T), opens new tab will start talks to integrate their power semiconductor businesses that can form the world's second-biggest power chip group after Infineon (IFXGn.DE), opens new tab, the Nikkei newspaper said on Thursday.
The three Japanese chipmakers may announce the commencement of the integration talks as early as on Friday, which could affect rival Denso's (6902.T), opens new tab bid to acquire Rohm, Nikkei reported.
The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.
MUMBAI, India--(BUSINESS WIRE)---- $LTM #AI--LTM has been recognized as a Leader in multiple quadrants in the ISG Provider Lens™ Oracle Cloud and Technology Ecosystem 2025 reports.
2026-03-26 09:371mo ago
2026-03-26 05:001mo ago
Short Sellers Are Targeting SoFi. Should You Panic?
The market may be close to all-time highs, but that has not prevented carnage from happening across many sectors. One stock that has recently been hit is SoFi Technologies (SOFI 0.84%). Down close to 50%, the financial technology company keeps growing quickly but was recently targeted by a short seller alleging potentially misleading accounting that would wipe out the company's profitability.
Should you panic over this short report on SoFi? Or is the stock a buy now?
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Short seller allegations First, let's talk about the short report. Muddy Waters, which tries to profit from falling share prices, is a famous short-selling firm that makes bold claims against high-flying companies popular on Wall Street. Sometimes its allegations are right. Sometimes, they are wrong.
In this case, Muddy Waters alleges that SoFi is purposefully misstating its financials for its personal lending business, making its loans appear much more profitable than they actually are. The firm claims that SoFi is retaining risk on loans it sells to third parties for fees, reporting a lower loss ratio for delinquent loans than in reality, and funding third parties to buy its packaged debt, a practice known as circular accounting.
Today, it is unclear whether these allegations are true, but Muddy Waters is making some bold claims about this fast-growing digital bank. SoFi's management immediately came out and said the report was false and was trying to mislead shareholders. It remains a risk for SoFi until it can prove to the market that each of these allegations is incorrect.
Image source: Getty Images.
A fast-growing business If you look at SoFi's actual business, it appears to be just fine based on its financial statements. Deposits at its digital bank are growing rapidly, with customers increasing 41% year over year last quarter. Adjusted revenue rose 41% year over year, and the company is now net income positive. The company has achieved significant scale in digital banking and now offers clients a range of financial tools, including high-yield savings accounts, personal loans, and insurance products. It wants to be a one-stop shop for a customer's personal finances.
With the stock down from its highs, you might think SoFi is trading at a cheap price-to-earnings (P/E) ratio. It is not. The current P/E is 43, which is high even for a fast-growing banking operation. And this is assuming none of what Muddy Waters is alleging is true. Don't panic about the short report. However, with both these factors in mind, it is probably best to avoid buying the dip on SoFi stock right now.
Brett Schafer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026-03-26 09:371mo ago
2026-03-26 05:001mo ago
Pony.ai Targets 3,000 Robotaxis in Over 20 Cities in 2026; Expects Dual Engines to Drive Full-fledged Growth
Pony.ai has validated its Robotaxi business model in two of China's largest cities, demonstrating core strengths in mass production, service operation and fully driverless technology. Built on these capabilities, the company is rapidly expanding across both domestic and international markets through a dual-engine strategy.
, /PRNewswire/ -- Pony AI Inc. ("Pony.ai") (NASDAQ: PONY; HKEX: 2026), a global leader in the large-scale commercialization of autonomous driving technology, today announced financial results that point to accelerating momentum in its robotaxi commercialization, with growth in the fourth quarter of 2025 extending into 2026 as the company scales its fleet, expands into new markets and deepens collaboration across its ecosystem.
According to the company's unaudited financial results released today, robotaxi revenue in the fourth quarter of 2025 rose 160% year over year, while fare-charging revenue surged more than 500%, driven by fleet expansion and increasing user adoption.
"2025 marked an amazing year for Pony.ai. We realized scaling-up in top-line, Robotaxi fleet size, operational footprint and user base, while validating our business model by achieving unit economics ("UE") breakeven in multiple tier-one cities in China." said Dr. James Peng, Founder and CEO of Pony.ai, "as we look to 2026, we believe the foundation we have established in China will enable us to replicate this model in overseas markets and build dual growth engines to support our next phase of accelerated growth."
The company expects its top-line will grow at a faster speed in 2026, as it will scale up fleet size to over 3,000 and expand operational areas to deploy Robotaxis in over 20 cities globally. Among them, nearly half will be located in overseas markets.
Dual-Engine Strategy to Drive Stronger Growth
A key driver of Pony.ai's accelerated growth has been the expansion of its robotaxi services as its dual-engine strategy across China and overseas markets continues to gain traction. Its total fleet expanded to 1,446 units as of March 25 from less than 300 units nearly a year ago.
Commercialization momentum continued to strengthen, driven by rising user adoption, increasing paid orders, and improving unit economics. In China, total users approached one million by late March, nearly tripled from a year ago. By mid-February, total paid Robotaxi orders in Shenzhen this year had already exceeded the city's full-year 2025 total. On March 22, its seventh-generation ("Gen-7") robotaxi fleet in Shenzhen achieved an all-time high of RMB 394 in daily revenue per vehicle, with 25 orders per vehicle. In February, Pony.ai also achieved UE breakeven in Shenzhen, following the same milestone in neighboring Guangzhou in late 2025.
Pony.ai's confidence in the sustained growth of its Robotaxi business is rooted in its strong autonomous driving technology and the rider experience it delivers. "Our PonyWorld model and AI Virtual Driver deliver a demonstrably superior ride experience, seamlessly navigating peak-hour traffic, extreme weather, and complex road conditions. This translates into a consistent, reliable and high-quality 24/7 service that exceeds many riders' expectation, fostering greater user willingness to pay. In turn, this enables us to implement balanced pricing, the key drivers behind our positive UE," said Dr. Tiancheng Lou, CTO of Pony.ai.
Operational expansion is also unfolding across a broader set of markets at home and abroad. In China, the company expanded into Changsha and Hangzhou in March, two emerging new tier-one cities. Internationally, it began deployment in Zagreb, the capital city of Croatia in Europe. In the Middle East, Pony.ai launched its first commercial fare-charging robotaxi service in Doha, Qatar, through cooperation with Mowasalat Karwa, and is progressing toward the official approval to conduct fully driverless operation later this March in Dubai.
"With Gen-7 already delivering commercial results in China and unit-economics breakeven achieved in multiple tier-one cities, we believe we are entering a new stage of scaled commercialization," Peng said. "By deepening collaboration with ecosystem partners and advancing our joint deployment model, we believe we can expand more efficiently and accelerate fleet deployment across markets."
Joint Deployment Model Boosts Capital Efficiency
To support that next phase of expansion, Pony.ai said it plans to further advance a joint deployment model with partners to improve capital efficiency and drive stronger growth in both robotaxi fleet expansion and top-line revenue.
The joint deployment model is a win-win partnership in which Pony.ai provides autonomous driving solution, partners provide vehicle funding support, and both parties share operating revenues. According to Pony.ai, it has already adopted this model in partnerships with Toyota, Chenqi Mobility in Guangzhou and ATBB in Beijing.
Fleet expansion is also being supported by Pony.ai's multi-OEM partnerships, including its deepened strategic partnership with Toyota, which enabled the February start of mass production for one of its Gen-7 models. Pony.ai expects 1,000 bZ4X robotaxis to be produced in 2026 to support further deployment.
Improved Quarterly Results Reflect Strengthened Financial Position
Pony.ai reported net income of US$75.5 million in the fourth quarter, compared with a net loss of US$181.1 million in the same period of 2024. The company said the first-ever quarterly profitability was primarily attributable to an increase in the fair value of trading securities.
"Our first-ever quarterly GAAP-level net profit demonstrated the success of our strategic investments across the ecosystem. We are making front-loaded investment to drive our commercialization at a quicker pace. Backed by our strengthened balance sheet and disciplined investments, we are poised for our next phase of accelerating growth." said Dr. Leo Wang, CFO of Pony.ai.
For the full year of 2025, total revenue rose 20% year over year to US$90.0 million, driven mainly by strong growth in robotaxi and licensing and applications revenues. Net loss narrowed 72% to US$76.8 million.
Beyond robotaxi, Pony.ai said its other business lines also delivered robust performance. Robotruck service revenues were US$40.6 million in 2025, supported by deeper cooperation with Sinotrans to enhance fleet operations. Licensing and applications revenue rose 19.7%, driven mainly by growing demand for the company's autonomous domain controller from customers in low-speed robot delivery, robosweepers, logistics, and humanoid robotics sectors.
Cash and cash equivalents, short-term investments, restricted cash and long-term debt instruments for wealth management stood at US$1,514.8 million as of December 31, 2025, compared to the balance of US$587.7 million as of September 30, 2025.
SOURCE Pony AI Inc.
2026-03-26 09:371mo ago
2026-03-26 05:001mo ago
Independence Gold Announces 2026 Resource Expansion and Exploration Drill Program at the 3Ts Gold and Silver Project, BC
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2026) - Independence Gold Corp. (TSXV: IGO) (OTCQB: IEGCF) (FSE: 625) (the "Company") is pleased to announce the commencement of an up to 10,000 metre diamond drill program at the Company's 3Ts Gold and Silver Project ("3Ts") in central British Columbia. Located approximately 185 kilometres southwest of Prince George, British Columbia, the 3Ts Project comprises thirty-one mineral claims covering approximately 35,486 hectares in the Nechako Plateau region. The project lies 16 km southwest of Artemis Gold Inc.'s Blackwater Mine and hosts a low-sulphidation epithermal quartz-carbonate vein district within which at least nineteen known mineralized veins, ranging from 50 to over 1,100 metres in strike length and true widths of up to 32 metres, have been identified, twelve of which remain untested by drilling. Several of the drill tested veins to date remain open along strike and at depth.
The Company recently announced a significant update to the mineral resource estimate ("MRE") for the 3Ts Project in the fourth quarter of 2025 (see news release dated November 19, 2025). The updated resource estimate includes the Tommy and Ted-Mint vein systems, as well as the recently discovered Larry, Johnny and Ian veins systems. The updated estimate was prepared by SGS Geological Services group within SGS Canada Inc. under the supervision of a Qualified Person and in accordance with CIM Definition Standards and NI 43-101. This estimate delivers both increased tonnage and the addition of an Indicated resource category, marking significant progress in the project development. The updated MRE includes 2.79 million tonnes at an average grade of 4.22 grams per tonne ("g/t") AuEq, representing approximately 378,000 gold-equivalent ounces of indicated resources, and 2.96 million tonnes at an average grade of 4.06 g/t AuEq, representing approximately 387,000 gold-equivalent ounces of inferred resources.
Table 1: Updated (2025) In-Pit and Underground Mineral Resource Estimate (see news release dated November 19, 2025)
Cut-Off* AuEq
(g/t)TypeClassificationTonnesGold
(g/t)Silver
(g/t)AuEq
(g/t)Gold (Ounces)Silver (Ounces)AuEq (Ounces)*0.3In-PitIndicated2,218,0003.0181.944.07217,0005,843,000290,0002.0Underground576,0003.7283.874.7769,0001,553,00088,000TOTAL
2,794,0003.1882.354.22286,0007,396,000378,0000.3In-PitInferred968,0002.7167.803.5684,0002,110,000111,0002.0Underground1,994,0003.3575.934.30215,0004,868,000276,000TOTAL
2,962,0003.1473.274.06299,0006,978,000387,000Highlights of the Drill Program
Up to 10,000 metres drill program to focus on the expansion of the current resource as well as several new drill targetsFollow-up drilling to test along-strike and at depth extensions of the Ian, Larry and Johnny vein systems First-ever drilling of newly identified exploration targets, including the Dobby Vein located east of the main 3Ts resource areaMultiple new targets, generated from exploration work undertaken in 2025, including geophysical surveys, soil geochemistry, prospecting and mapping will be drill tested during this program2026 Resource Expansion and Exploration Strategy
In addition to testing new exploration targets, the program will focus on evaluating the potential extensions of several known high-grade veins, including the Ian, Larry, and Johnny vein systems. Previous drilling and resource work at the 3Ts Gold and Silver Project has demonstrated that these vein systems remain open along strike and at depth, and the upcoming drilling will target areas where geological modelling suggests potential for additional mineralized vein shoots. These targets represent opportunities to further expand the known mineralized footprint of the project while continuing to refine the Company's understanding of the structural controls on mineralization across the district.
During the 2025 field season, the Company completed an extensive exploration program comprised of ground geophysics, soil geochemical sampling, geological mapping, and prospecting across the project area. These programs identified several new structural and geochemical targets outside of the currently defined vein systems, and will be tested in the upcoming drill program, highlighting the continued opportunity for new discoveries across the property.
One of the key targets to be evaluated is the Dobby Vein, located 3 km east of the main 3Ts resource area. Surface prospecting and mapping at the Dobby Vein have identified quartz-sulphide vein mineralization, with historical grab samples returning values of up to 18.0 g/t gold and 178.0 g/t silver. The Dobby Vein represents a previously untested vein system within the broader mineralized district that hosts the Company's existing resources and multiple known veins.
About Independence
Independence Gold Corp. is a well-financed mineral exploration company with holdings ranging from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. The Company is positioned to add shareholder value through systematic project advancement, while management continues to evaluate additional gold and silver projects for possible acquisition. For additional information, visit the Company's website www.ingold.ca.
Andy Randell, P.Geo., the Company's Qualified Person as defined by National Instrument 43-101 and who is an independent consultant for the Company, has reviewed the technical information in this news release.
ON BEHALF OF THE BOARD OF INDEPENDENCE GOLD CORP.
"Randy Turner"
Randy Turner, President and CEO
Suite 580 – 625 Howe Street, Vancouver, British Columbia V6C 2T6
Telephone: 604-687-3959 Facsimile: 604-687-1448 E-Mail: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to Independence within the meaning of applicable securities laws, including statements with respect to the Company's planned drilling and exploration activities. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Independence's public filings under Independence Gold Corp.'s SEDAR+ profile at www.sedarplus.ca. Although Independence has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Independence disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289981
Source: Independence Gold Corp
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2026-03-26 09:371mo ago
2026-03-26 05:001mo ago
Omdia: Global Cloud Infrastructure Spending Rose 29% in Q4 2025 as Hyperscalers Scaled AI Infrastructure Investment
LONDON--(BUSINESS WIRE)-- #AI--According to Omdia, global spending on cloud infrastructure services reached US$110.9 billion in Q4 2025, reflecting year-on-year growth of 29%. Growth accelerated from the previous quarter, marking the sixth consecutive quarter in which the market expanded by more than 20%. As enterprise AI demand shifts from experimentation to production deployment, hyperscalers are increasing investment to expand AI infrastructure capacity. Looking ahead to 2026, Omdia forecasts that.
2026-03-26 09:371mo ago
2026-03-26 05:001mo ago
Share Buyback Transaction Details March 19 – March 25, 2026
Share Buyback Transaction Details March 19 – March 25, 2026
Alphen aan den Rijn – March 26, 2026 - Wolters Kluwer (Euronext: WKL), a global leader in professional information solutions, software and services, today reports that it has repurchased 107,852 of its own ordinary shares in the period from March 19, 2026, up to and including March 25, 2026, for €6.9 million and at an average share price of €64.35.
These repurchases are part of the share buyback program announced on February 25, 2026, under which we intend to repurchase shares for up to €500 million during 2026.
The cumulative amounts repurchased in the year to date under this program are as follows:
Share Buyback 2026
PeriodCumulative shares repurchased in period Total consideration
(€ million)Average share price
(€)2026 to date 1,772,050 130.173.39 For the period starting February 27, 2026, up to and including May 4, 2026, we have engaged a third party to execute €60 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association.
Shares repurchased are added to and held as treasury shares and will be used for capital reduction purposes through share cancelation.
Further information is available on our website:
Download the share buyback transactions excel sheet for detailed individual transaction information.Weekly reports on the progress of our share repurchases.Overview of share buyback programs. For more information about Wolters Kluwer, please visit: www.wolterskluwer.com.
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About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.
Wolters Kluwer reported 2025 annual revenues of €6.1 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,100 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50, and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.
MediaInvestors/AnalystsStefan KloetMeg GeldensAssociate DirectorVice PresidentGlobal CommunicationsInvestor Relations [email protected]@wolterskluwer.com Forward-looking Statements and Other Important Legal Information
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2026-03-26 09:371mo ago
2026-03-26 05:001mo ago
Casa Minerals Receives Extensive Historic Drill Database from Congress Gold Mine Project; Desktop Technical Studies Define Three Priority Exploration Zones Ahead of 2026 Drilling Season
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2026) - Casa Minerals Inc. (TSXV: CASA) (OTCQB: CASXF) (FSE: 0CM) (the "Company" or "Casa") is pleased to announce that it has received a large dataset of historic drill hole information from the Congress Gold Mine Project in Yavapai County, Arizona, USA. Comprehensive desktop technical studies integrating this data with the Company's own 2022 drilling campaign have resulted in the identification and delineation of three distinct priority exploration zones that will form the basis of the 2026 field and drilling program.
HIGHLIGHTS
Receipt of a large historic drill hole database greatly expanding the geological model for the Congress Gold Mine Project3D modelling of over 100 historic and recent drill holes confirms strong structural integrity and continuity of the gold-bearing vein systemsThree distinct exploration zones classified: Echo Bay Exploration Zone (~750m x 1,000m), Malartic Exploration Zone (~450m x 1,150m), and New Congress Niagara Exploration Zone (~800m x 1,000m)Echo Bay Exploration Zone designated highest priority target based on historic drill density and potential for expanded mineralization envelopeHistoric drill intercepts include highlights such as 1.2m @ 43.88 g/t Au, 2.0m @ 21.88 g/t Au, 3.3m @ 27.13 g/t Au, and 11.4m @ 4.81 g/t Au within the Echo Bay ZoneCongress Gold Mine Project is fully permitted with excellent road access and proximity to an experienced regional labor forceCompany geologists and field personnel are being mobilized for initial site preparation and drill program setupHISTORIC DRILL DATABASE COMPILATION
Casa Minerals is pleased to announce the receipt of a comprehensive dataset of historic drill hole collars, surveys, and assay records from the Congress Gold Mine Project. This data was compiled from exploration programs conducted by previous operators -- most notably Echo Bay Mines Ltd. -- during the 1980s through the early 1990s. The database encompasses a significant number of drill holes distributed across the project area, substantially expanding the known geological framework of the property.
Historic exploration at the Congress Gold Mine was conducted during a period when gold market conditions were materially lower than today's environment, which directly influenced the selection criteria and cut-off grades used by previous operators. Consequently, the historic programs focused predominantly on higher-grade gold intersections, and many lower-grade vein intercepts that may be economically significant at current gold prices were not assigned the same level of analytical priority. Casa believes this creates a meaningful opportunity to reinterpret the mineralization system with a lower economic threshold, logically expanding the dimensions of the mineralization envelope that will be targeted in the forthcoming drilling season.
Important Disclosure: The historic drill hole results referenced in this news release were collected and reported by previous operators under practices that predate current NI 43-101 standards. These results are disclosed solely for contextual and geological interpretation purposes. They have not been verified by a current Qualified Person, do not conform to NI 43-101, and are not classified as current mineral resources or mineral reserves. A Qualified Person has not done sufficient work to classify the historic results as current mineral resources or mineral reserves, and Casa is not treating them as such.
THREE-DIMENSIONAL MODELLING AND VEIN SYSTEM VALIDATION
Desktop technical studies have included rigorous 3D modelling of all available drill hole data using industry-standard geological modelling software. The resulting three-dimensional representation of the drill hole database, illustrated in Figure A below, demonstrates the remarkable density of historic drill coverage across the project and confirms the structural coherence and continuity of the principal gold-bearing vein systems.
The 3D model was constructed using NAD83 / UTM Zone 12N coordinates and captures drill holes ranging from surface to depths approaching 600 metres below ground elevation. The model reveals that:
The dominant vein systems exhibit strong northeast-southwest structural orientation, consistent with the principal fault architecture identified on surfaceThe alignment and attitude of vein structures intercepted in the Company's 2022 confirmatory drilling campaign correlate with high fidelity to those projected from the historic drill hole database, validating the overall geological modelThe 2022 drilling campaign identified additional vein structures not captured in the historic database, indicating that the current geological model is likely incomplete and that the total mineralized footprint may be materially larger than previously understoodIncorporating lower-grade vein intercepts -- previously deprioritized by historic operators under lower gold price conditions -- into the mineralization envelope substantially increases the aggregate target volume for future drilling
Figure A: Four-panel 3D presentation of historic and recent drill hole collars and traces, Congress Gold Mine Project. Views from west (upper left), east (upper right), oblique (lower left), and plan (lower right). Coordinate system: NAD83 / UTM Zone 12N. The high density of drill traces illustrates the extensive historic exploration coverage across the project area. Pink/magenta traces represent historic drill holes; black traces represent more recent drilling. Purple lines denote projected vein orientations.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_001full.jpg
THREE PRIORITY EXPLORATION ZONES -- 2026 PROGRAM BASIS
Detailed integration of the historic drill database with geological mapping, vein system mapping conducted in 2022, and structural interpretation has enabled Casa to formally classify three distinct priority exploration zones within the Congress Gold Mine Project. The classification of each zone reflects the combination of historic drill density, vein system geometry, and the nature of the gold mineralization documented to date. Figures 1 through 4 present these zones in their regional and local contexts.
Figure 1: Regional overview map of the Congress Gold Mine Project showing principal vein systems (red dashed), fault corridors (blue dashed), shaft locations (Shafts 1 through 6), historic stope outlines (yellow, 1959-1987), patented claim and BLM claim outlines, and the location of the three principal exploration zones. The project is situated in Yavapai County, Arizona.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_002full.jpg
Echo Bay Exploration Zone -- Highest Priority Target
The Echo Bay Exploration Zone, measuring approximately 750 metres by 1,000 metres, is the largest and most intensively drilled zone on the property. It encompasses the historic non-NI 43-101 resource outline that was previously defined by Echo Bay Mines and represents the core of the historic gold-producing system at Congress. The zone is bounded by the principal northeast-trending veining corridors and is cut by northwest-trending fault structures that locally displace but do not terminate the mineralized vein arrays.
As illustrated in Figure 2, the Echo Bay Exploration Zone hosts a dense cluster of historic drill hole intercepts distributed across the full extent of the zone. The drill hole collars and assay intercepts depicted in the figure provide compelling evidence for broad, zone-scale gold mineralization. Notably, the higher-grade intercepts are concentrated along the principal vein corridors while lower-grade disseminated and stockwork gold is documented in the intervening ground. This spatial distribution is characteristic of orogenic gold systems and is consistent with the geological setting at Congress.
Selected historic drill intercepts within the Echo Bay Exploration Zone include:
1.2m @ 43.88 g/t Au -- exceptional high-grade intercept within the principal vein corridor3.3m @ 27.13 g/t Au -- high-grade intercept demonstrating vein width and continuity2.0m @ 21.88 g/t Au -- high-grade vein intercept in the central portion of the zone2.4m @ 19.03 g/t Au -- confirming strong grade continuity along strike11.4m @ 4.81 g/t Au -- broad, elevated-grade intercept indicative of wide mineralization envelopes within the vein system1.5m @ 15.28 g/t Au -- demonstrating high-grade vein core and broader lower-grade haloes2.0m @ 12.19 g/t Au and 7.3m @ 11.00 g/t Au -- further confirming grade and continuity of the principal vein arrays3.1m @ 11.19 g/t Au and 2.0m @ 15.63 g/t Au -- documented in the southwestern portion of the zone, indicating lateral continuityGiven the historic drill density, the documented grade profile, and the alignment of the 2022 confirmatory drilling with the historic vein model, the Echo Bay Exploration Zone has been assigned the highest exploration priority for the 2026 program. The Company views the zone as offering the clearest near-term pathway to NI 43-101 resource delineation.
Figure 2: Detailed plan map of the Echo Bay Exploration Zone (~750m x 1,000m), Congress Gold Mine Project. Shown are historic drill hole intercepts (brown dots annotated with interval length in metres and gold grade in g/t), principal vein system traces (red dashed), fault corridors (blue dashed), historic stope outlines (yellow), shaft locations, and the historic non-NI 43-101 resource outline (red hatch). Selected intercepts include 1.2m @ 43.88 g/t Au, 3.3m @ 27.13 g/t Au, 11.4m @ 4.81 g/t Au, and 2.4m @ 19.03 g/t Au, among numerous others.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_003full.jpg
Malartic Exploration Zone
The Malartic Exploration Zone covers an area of approximately 450 metres by 1,150 metres and is situated to the south and southeast of the Echo Bay Exploration Zone. The zone is named after the "Malartic-style" stratabound and vein-hosted gold mineralization that has been documented in this area of the project. Historic shaft locations CGC-003 and CGC-004 are located within this zone, providing direct underground access for potential future development.
The Malartic Exploration Zone is characterized by multiple subparallel northwest-striking vein sets that have been intercepted in a series of shallow to moderate-depth drill holes. The vein system includes documented vein widths of 27 feet, 38 feet, and 55 feet (as labelled on Figure 3), indicating substantial structural corridors capable of hosting economically significant gold mineralization.
Representative historic drill intercepts within the Malartic Exploration Zone include:
3.6m @ 0.74 g/t Au and 10.3m @ 1.73 g/t Au -- broad lower-grade intercepts within the principal vein corridor demonstrating wide mineralization envelopes10.36m @ 1.41 g/t Au and 8.1m @ 3.53 g/t Au -- moderate-grade intercepts confirming continuity of the vein arrays7.7 @ 3.56 g/t Au and 8.1m @ 2.53 g/t Au -- further demonstrating consistent grade within vein-hosted mineralization3.2m @ 7.72 g/t Au and 2.8m @ 9.41 g/t Au -- higher-grade intercepts at the northern margin of the zone (shared boundary with the Echo Bay Zone)The Malartic Exploration Zone is relatively underexplored compared to the Echo Bay Zone, and the relatively sparse drill coverage suggests significant upside potential for zone expansion with systematic drilling.
Figure 3: Detailed plan map of the Malartic Exploration Zone (~450m x 1,150m), Congress Gold Mine Project. Shown are historic drill hole intercepts (annotated with gold values), principal vein system traces, shaft locations including CGC-003 and CGC-004, historic stope outlines, and documented vein widths of 8.2m, 11.6m, and 16.8m.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_004full.jpg
New Congress Niagara Exploration Zone
The New Congress Niagara Exploration Zone, measuring approximately 800 metres by 1,000 metres, is the northernmost of the three classified exploration zones and is situated along a structurally distinct corridor characterized by the northwest-striking New Congress-Niagara fault system. This zone encompasses historic Shaft 1 as well as drill holes CGC-008, CGC-009, and CGC-010 from the Company's 2022 exploration program.
The 2022 drilling in this zone identified four discrete veins with widths ranging from 49.5 feet to 206 feet -- a notably wide structural corridor. These widths are illustrated in Figure 4 as Vein 49.5 ft, Vein 55 ft, Vein 70.5 ft, and Vein 206 ft. The scale of these structural features highlights the potential for significant bulk-tonnage style mineralization within this zone, distinct from the higher-grade but narrower veins documented in the Echo Bay Zone.
Critically, the 2022 drilling at the New Congress Niagara Zone identified several vein structures that are not represented in the historic drill database, reinforcing the Company's view that the existing geological model incompletely captures the full scope of the vein system. This structural incompleteness, combined with the relatively limited historic drill coverage of this zone, underscores its exploration potential.
Figure 4: Detailed plan map of the New Congress Niagara Exploration Zone (~800m x 1,000m), Congress Gold Mine Project. Shown are drill hole locations from the 2022 exploration program (CGC-008, CGC-009, CGC-010) alongside Shaft 1, with identified vein widths of 49.5 ft, 55 ft, 70.5 ft, and 206 ft. The purple outline denotes the exploration zone boundary.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1750/290037_3e63fd76341e7b14_005full.jpg
PROJECT STATUS AND 2026 FIELD PROGRAM
The Congress Gold Mine Project is fully permitted for exploration and mining activities in Yavapai County, Arizona. The property benefits from:
Fully permitted status: All necessary exploration and access permits are in place, enabling rapid mobilization of field crews and drilling equipmentExcellent road access: Paved and maintained road access to the property boundary facilitates cost-effective equipment and supply logisticsExperienced regional labor force: The Yavapai County region has a well-established mining and exploration workforce with proven experience in gold exploration projects of this typeInfrastructure: Existing shaft infrastructure and historic workings provide geological reference points and potential future development opportunitiesThe Company is currently mobilizing a team of geologists and field personnel to the Congress Gold Mine Project for initial site preparation, geological review, and establishment of the field infrastructure required for the 2026 drilling program. Detailed drill program parameters, including planned hole locations, depths, and targeting rationale, will be provided in a subsequent technical news release.
MANAGEMENT COMMENTARY
"The receipt of this historic drill database is a genuinely significant development for Casa Minerals," stated Farshad Shirvani, President and CEO. "For the first time, we now have a comprehensive view of the full scope of historic exploration at Congress, and what we see is highly encouraging. The 3D model clearly validates our 2022 findings and demonstrates that the gold system is both continuous and larger than historic estimates suggested. With gold trading at current levels, the lower-grade vein intercepts that were historically deprioritized now become compelling exploration targets in their own right. The Echo Bay Zone, with intercepts like 1.2m @ 43.88 g/t and 11.4m @ 4.81 g/t, gives us a very strong foundation from which to build a modern NI 43-101 resource. We are mobilizing our team and look forward to reporting our first drill results from the 2026 season."
QUALIFIED PERSON
Mr. Erik Ostensoe, P.Geo., a Director and Chief Geologist of the Company, a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical disclosure in this news release.
ABOUT CASA MINERALS INC.
Casa Minerals Inc. is a mineral exploration company focused on gold, copper, and strategic minerals exploration in North America. The Company holds a 90% interest in the historic Congress Gold Mine in Arizona and is advancing multiple projects in British Columbia, including the Arsenault copper-gold-silver project. Casa's experienced management team is committed to creating shareholder value through the discovery and development of economic mineral deposits. For more information, please visit: www.casaminerals.com
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding: the Company's exploration plans and programs for 2026; anticipated drilling activities at the Congress Gold Mine Project; the classification and prioritization of exploration zones; expectations regarding resource definition and the potential to advance the project to NI 43-101 compliant standards; interpretations of historic drill data and 3D geological models; mineralization potential and domain expansion; and mobilization of field personnel. Forward-looking information is based on the opinions and estimates of management at the date the information is made and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated. Such factors include, without limitation: uncertainties regarding exploration results; risks related to the accuracy and completeness of historic data; the inability to verify historic assay results; variations in mineralization and grade; the speculative nature of mineral exploration; challenges in obtaining required permits and approvals; fluctuations in commodity prices; availability of financing; changes in economic and market conditions; environmental and regulatory risks; operating hazards; and other risks inherent in the mineral exploration industry. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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/290037
Source: Casa Minerals Inc.
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2026-03-26 09:371mo ago
2026-03-26 05:051mo ago
Korean Air plans 103 Boeing plane purchases valued at $36.2 bln until 2039
The Boeing B777-9 seen in the aerial display during the media preview for the Singapore Airshow in Singapore, February 13, 2022. REUTERS/Caroline Chia Purchase Licensing Rights, opens new tab
SEOUL, March 26 (Reuters) - South Korean flag carrier Korean Air (003490.KS), opens new tab said on Thursday it plans to buy 103 Boeing planes between 2026 and 2039.
That includes 20 B777-9s, 25 B787-10s, 50 B737-10s, and eight B777-8Fs, Korean Air said in a regulatory filing.
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The purchases are valued at $36.2 billion based on 2025 list prices, Korean Air said.
Reporting by Joyce Lee Editing by Ros Russell
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2026-03-26 09:371mo ago
2026-03-26 05:061mo ago
Want $100 in Super-Safe Monthly Dividend Income? Invest $11,955 Into These 2 High-Octane Income Stocks Yielding an Average of 10.04%!
There are countless ways to grow your wealth on Wall Street, but few are as successful as buying and holding high-quality dividend stocks. In "The Power of Dividends: Past, Present, and Future," Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks more than doubled the annualized return of non-payers over 51 years (1973-2024): 9.2% annualized vs. 4.31% annualized.
But investors don't have to wait three months to receive a dividend. Some monthly, ultra-high-yield dividend stocks are capable of supplying reliable income. If you want $100 in super-safe monthly payouts, investing $11,955 (split equally) into AGNC Investment (AGNC +2.01%) and Realty Income (O 0.71%) can make it happen.
Image source: Getty Images.
AGNC Investment: 14.78% yield AGNC Investment is a mortgage real estate investment trust (REIT). REITs avoid normal corporate income tax rates and, in return, dole out most of their earnings as a dividend to their investors. While AGNC's nearly 15% yield might sound too good to be true, it's been able to maintain a double-digit yield for more than 15 years.
Mortgage REITs are interest-sensitive and benefit during rate-easing cycles. When short-term borrowing costs are declining, it allows AGNC to buy higher-yielding mortgage-backed securities (MBS) and expand its net interest margin. With the Federal Reserve in a rate-easing cycle since September 2024, it's provided an ideal moneymaking environment for AGNC.
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Something else that's made AGNC Investment a surefire income stock for more than 15 years has been its focus on agency assets. An "agency" security is backed by the federal government in the unlikely event of a default. As of the end of 2025, $94.1 billion of its $94.8 billion investment portfolio was comprised of agency MBSs and to-be-announced securities (also in the agency category).
Although agency assets lower the yield AGNC generates on its MBSs, it allows the company to leverage its investments. This prudent use of leverage is the catalyst behind AGNC's eye-popping yield and continuous monthly payout.
Image source: Getty Images.
Realty Income: 5.3% yield The other super-safe ultra-high-yielding dividend stock that can help you generate $100 in monthly income with an initial investment of $11,955 (split equally two ways) is retail REIT Realty Income. Its 5.3% yield averages out to 10.04% when coupled with AGNC Investment.
If you've ever wondered how safe Realty Income's payout is, you should know it holds the registered trademark for "The Monthly Dividend Company®." On March 11, Realty Income announced its 134th dividend increase since going public in 1994.
What makes Realty Income special is its focus on stand-alone, brand-name retailers. A notable percentage of its commercial leases are to well-known grocery chains, convenience stores, drug stores, dollar stores, and automotive service locations -- i.e., businesses that draw customer traffic in any economic climate.
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To build on this point, Realty Income's weighted-average lease length is 8.8 years, with a median occupancy rate that's nearly 400 basis points higher than that of S&P 500 REITs. Proper vetting has led to incredibly stable cash flow.
The icing on the cake for Realty Income is that it's historically cheap. Shares can be scooped up by opportunistic income seekers right now for 13.5 times forecast cash flow in 2026, representing a 13% discount to its average multiple to cash flow over the last five years.
2026-03-26 09:371mo ago
2026-03-26 05:101mo ago
PONY AI Inc. Scales with 160% Robotaxi Revenues Growth YoY and 500%+ Fare-Charging Revenues Surge YoY in Q4, Targeting Deployment in 20+ Cities by Year-End
Strengthening revenue trajectory — Robotaxi revenues rose by 160% year-over-year in Q4, with fare-charging revenues surging by over 500%.Accelerating fleet and geographic expansion — Robotaxi scaling accelerated as fleet size surpassed 1,400 units1, extending operational footprint to Croatia, Hangzhou and Changsha, with a target of reaching more than 20 cities by year-end 2026.Validating Unit Economics — Achieved consecutive UE breakeven in Guangzhou and Shenzhen within just four months of the Gen-7 Robotaxi launch. In Shenzhen, the daily net revenue per Gen-7 vehicle on the record peak day reached an all-time high of RMB394, with 25 orders per vehicle2. NEW YORK, March 26, 2026 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (NASDAQ: PONY; HKEX: 2026), a global leader in achieving large-scale mass production and commercialization of autonomous driving technology, today announced its unaudited financial results for the quarter and full year ended December 31, 2025.
Dr. James Peng, Chairman and Chief Executive Officer of Pony.ai, commented, “2025 marked an amazing year for Pony.ai. We realized scaling-up in top-line, Robotaxi fleet size, operational footprint and user base, while validating our business model by achieving unit economics (“UE”) breakeven in multiple tier-one cities in China. As we look to 2026, it will be a year of accelerating growth. Crucially, our strategic partnership with Toyota has further enabled the mass production of our Gen-7 Robotaxis, securing 1,000 vehicles to directly fuel this expansion. We will accelerate top-line growth at faster speed, scale up fleet size to over 3,000 and expand operational areas to deploy Robotaxis in more than 20 cities globally. To achieve these goals, we will employ a dual-engine strategy, together with the joint deployment model, to accelerate our top-line growth momentum in both domestic and overseas markets.”
Dr. Tiancheng Lou, Chief Technology Officer of Pony.ai, commented, “The robotaxi is the first true application of physical AI, with its core differentiator lying in driving capability, an area where our competitive edge remains unparalleled across the industry. Our PonyWorld model and AI Virtual Driver deliver a demonstrably superior ride experience, seamlessly navigating peak-hour traffic, extreme weather, and complex road conditions. This translates into more convenient pickup and drop-off points and no unnecessary detours, fostering greater user willingness to pay. In turn, this enables us to implement balanced pricing, the key drivers behind our positive UE. By continuously pushing the boundaries of our AI capabilities, we aim to widen our technology moat and bring autonomous driving everywhere.”
Dr. Leo Wang, Chief Financial Officer of Pony.ai, commented, “In the fourth quarter, we once again accelerated our growth momentum with Robotaxi as our key engine, delivering a remarkable 160% year-over-year revenue growth with a surge of over 500% in our fare-charging revenues. This rapid scaling fueled consecutive UE breakeven in multiple cities, proving the effectiveness of our commercialization strategy. Furthermore, our first-ever quarterly GAAP-level net profit also demonstrated the success of our strategic investments across the ecosystem. We are making front-loaded investment to drive our commercialization at a quicker pace. Backed by our strengthened balance sheet and disciplined investments, we are poised for our next phase of accelerating growth.”
Scaling Robotaxi Services Through Accelerated Market Expansion and Ecosystem Partnerships
Robust Growth Across Revenue, Fleet and Users. 1) Robotaxi revenues surged in the fourth quarter of 2025, driven by successful execution of our dual-engine strategy in both China and overseas markets. In Shenzhen, Robotaxi paid orders from January 2026 to mid-February3 2026 have already outpaced full-year 2025 levels. 2) Total fleet units surpassed 1,400 set to exceed 3,000 by the end of 2026. Multi-OEM partnerships are driving fleet expansion. 3) Total users approached one million in China by late March 2026, nearly tripling year-on-year. 4) The establishment of our unique, scalable workflows and deep operational expertise allows us to strategically integrate third-party capabilities to adopt joint deployment model.Dual-Engine Strategy across Domestic and Overseas Markets, Built on Proven Gen-7 Groundwork in China. 1) Deepening Domestic Penetration: a) Established clear leadership across China’s tier-one cities. We successfully fulfilled robust travel demand with positive user feedbacks in hubs including Nanshan and Bao’an in Shenzhen during 2026 Chinese New Year, while expanding into the University Town in Guangzhou. b) Advancing our presence in Hangzhou and Changsha, two emerging new tier-one cities in China in March 2026. 2) Global Footprint: c) Expanded into Croatia in March 2026, proving our generalization capability by tackling central Zagreb's complex urban traffic and old town road layout from day one. d) Launched our first commercial fare-charging Robotaxi service in Doha, Qatar, through cooperation with Mowasalat Karwa. e) Progressing toward the official approval to conduct fully driverless operation later this March in Dubai, UAE. f) Kicked off operations in March 2026 in Singapore, marking the fully compliant official public debut of our Robotaxi services. 3) Future Roadmap: Aiming to expand our Robotaxi operational footprint to more than 20 cities globally by the end of 2026, with nearly half of these spread across the overseas market.Enhancing Alliances across the Ecosystem. 1) Deepened our strategic partnership with Toyota as our first adopter of joint deployment. Backed by its platform and manufacturing expertise, Gen-7 mass production has begun, securing 1,000 bZ4X vehicles for joint deployment in 2026 and future commercial launch. 2) Accelerated joint deployment model through collaborations with OnTime Mobility in Guangzhou and Beijing ATBB Travel & Express Service Co., Ltd. (“ATBB”) in Beijing. 3) Enhanced our partnership with Beijing Automotive Industry Corporation (“BAIC”) and Guangzhou Automotive Corporation (“GAC”), to leverage their mature supply chain and after-sales network and jointly deploy vehicles in the overseas markets. 4) Achieved seamless integration with Tencent’s WeChat “Mobility Services” platform in Shenzhen and Guangzhou. Premium User Experience Driven by Exceptional AI Driving Capabilities
Exceptional AI Virtual Driver Capabilities Translating into Premium User Experience. 1) Transitioned from a novelty experience to addressing high-frequency daily mobility needs, particularly rush-hour commute and frequent holiday travel. 2) Navigated successfully through main roads and narrow side streets in urban zones like the High Tech Area in Shenzhen to provide more convenient pick-up and drop-off (“PUDO”) points and avoid unnecessary detours. 3) Demonstrated reliable 24/7 operations, even in inclement weather, to tackle peak rush hours. During the heavy snowstorm in Beijing, we remained in service as a critical mobility option when broader market availability was limited. 4) Designed to prevent motion sickness through smooth control, our Gen-7 Robotaxi significantly improved the ride comfort, evolving into a differentiator alongside its private, odor-free cabin.Balanced Pricing, UE Breakeven and Scalable Efficiency. 1) Boosted user willingness to pay for exceptional product experience. Our value-driven pricing strategy fundamentally drove our UE breakeven milestones. 2) Demonstrated strong operational momentum. On March 22, 2026, the daily net revenue per Gen-7 vehicle on the record peak day reached an all-time high of RMB394, with 25 orders per vehicle. Unlocking New Frontiers Through Our Autonomous Driving Platform
Significant Strides in Our Robotruck Business. 1) Maximized R&D synergy with 80% of the tech stack shared between Robotaxi and Robotruck platforms. 2) Introduced the Gen-4 Robotruck featuring a 70% reduction in autonomous driving kits (“ADK”) bill-of-materials (“BOM”) costs compared to the previous generation, targeting mass production and initial deployments by late 2026. 3) Deployed fully driverless Robotrucks at Jiangmen Port in Guangdong. 4) Completed rigorous 1+N driverless platooning tests across extreme weather conditions successfully, validating our broad-scenario and diverse-weather operational capabilities.
1 As of March 25, 2026, 1,446 Robotaxi vehicles had been produced.
2 At the date of March 22, 2026
3 By February 16, 2026
Unaudited Fourth Quarter 2025 Financial Results
(in USD thousands) Three Months Ended Year EndedDecember 31,
2024 December 31,
2025 December 31,
2024 December 31,
2025 Revenues: Robotaxi services 2,565 6,657 7,266 16,607Robotruck services 12,958 13,118 40,365 40,601Licensing and applications 19,993 9,350 27,394 32,793Total revenues 35,516 29,125 75,025 90,001 Total revenues were US$29.1 million (RMB203.7 million) in the fourth quarter of 2025, down 18.0% from US$35.5 million in the fourth quarter of 2024. The decrease was mainly influenced by the timing of project-based revenue recognition in Licensing and Applications, partially offset by an increase in Robotaxi and Robotruck revenues.
Robotaxi services revenues were US$6.7 million (RMB46.6 million) in the fourth quarter of 2025, representing an increase of 159.5% from US$2.6 million in the fourth quarter of 2024. Specifically, fare-charging revenues grew by over 500% year-over-year, primarily driven by robust order growth since our Gen-7 fleet launch. Coupled with our dual-engine approach, our ongoing optimizations to fleet operations and premium services also propelled user demand and boosted Robotaxi services revenues.
Robotruck services revenues were US$13.1 million (RMB91.7 million) in the fourth quarter of 2025, representing an increase of 1.2% from US$13.0 million in the fourth quarter of 2024. Our deepened collaboration with Sinotrans continued to enhance fleet operations.
Licensing and applications revenues were US$9.4 million (RMB65.4 million) in the fourth quarter of 2025, representing a decrease of 53.2% from US$20.0 million in the fourth quarter of 2024. The decrease was mainly due to one-off project-based revenues recorded in the fourth quarter of 2024, partially offset by the increase in our autonomous domain controller (“ADC”) sales to customers in low-speed robot delivery, robosweepers, logistics and humanoid robotics sectors. Cost of Revenues
Total cost of revenues was US$25.4 million (RMB177.7 million) in the fourth quarter of 2025, representing a decrease of 9.4% from US$28.1 million in the fourth quarter of 2024. Gross Profit and Gross Margin
Gross profit was US$3.7 million (RMB26.0 million) in the fourth quarter of 2025, compared to US$7.5 million in the fourth quarter of 2024.
Gross margin was 12.7% in the fourth quarter of 2025, compared to 21.0% in the fourth quarter of 2024. The decrease was primarily due to increasing revenue contribution from Robotruck services. Operating Expenses
Operating expenses were US$77.6 million (RMB542.6 million) in the fourth quarter of 2025, representing a decrease of 57.0% from US$180.6 million in the fourth quarter of 2024. The decrease was primarily associated with the share-based compensation expenses recognized related to the US IPO in the fourth quarter of 2024. Non-GAAP4 operating expenses were US$69.6 million (RMB486.7 million) in the fourth quarter of 2025, representing an increase of 25.0% from US$55.7 million in the fourth quarter of 2024.
Research and development expenses were US$60.5 million (RMB423.2 million) in the fourth quarter of 2025, representing a decrease of 59.1% from US$147.8 million in the fourth quarter of 2024. Non-GAAP research and development expenses were US$55.5 million (RMB388.2 million), representing an increase of 19.8% from US$46.3 million in the fourth quarter of 2024. The increase primarily reflected i) the expansion of our R&D personnel to enhance our capacity for large-scale deployment and ii) Gen-7 vehicle research and development expenses. We plan to maintain our strategic investments in AI technology and talent, aiming to further enhance our technological capabilities, optimize BOM costs, and steadily advance our intelligent driving solutions to better serve our users.
Selling, general and administrative expenses were US$17.1 million (RMB119.4 million) in the fourth quarter of 2025, representing a decrease of 47.8% from US$32.7 million in the fourth quarter of 2024. Non-GAAP selling, general and administrative expenses were US$14.1 million (RMB98.5 million), representing an increase of 50.6% from US$9.3 million in the fourth quarter of 2024. The increase was primarily driven by i) higher personnel expenses incurred to support the accelerated deployment of large-scale commercial operations and ii) increased professional service fees. Loss from Operations
Loss from operations was US$73.9 million (RMB516.6 million) in the fourth quarter of 2025, compared to US$173.1 million in the fourth quarter of 2024. Non-GAAP loss from operations was US$65.9 million (RMB460.7 million), compared to US$48.2 million in the fourth quarter of 2024, primarily driven by higher operating expenses incurred to support our ongoing business expansion and enhance our R&D capabilities. Net Income (Loss)
Net income was US$75.5 million (RMB527.6 million) in the fourth quarter of 2025, compared to net loss of US$181.1 million in the fourth quarter of 2024. The net income was mainly attributable to the increase in fair value of trading securities. Due to the inherent volatility of the price of trading securities, this item was excluded from the Non-GAAP measures to better reflect our core operational performance.
Non-GAAP net loss was US$49.0 million (RMB342.9 million) in the fourth quarter of 2025, compared to US$41.3 million in the fourth quarter of 2024, primarily driven by higher operating expenses incurred to support our ongoing business expansion and enhance our R&D capabilities. We are making front-loaded investment to drive our commercialization at a quicker pace. Basic and Diluted Net Income (Loss) per Ordinary Share
Basic and diluted net income per ordinary share was both US$0.06 (RMB0.42) in the fourth quarter of 2025, compared to US$0.99 basic and diluted net loss per ordinary share in the fourth quarter of 2024.
Non-GAAP basic and diluted net loss per ordinary share was both US$0.12 (RMB0.84) in the fourth quarter of 2025, compared to US$0.23 in the fourth quarter of 2024. Each American depositary share (“ADS”) represents one Class A ordinary share. Balance Sheet
Cash and cash equivalents, short-term investments, restricted cash and long-term debt instruments for wealth management were US$1,514.8 million (RMB10,593.0 million) as of December 31, 2025, compared to the balance of US$587.7 million as of September 30, 2025. The growth was mainly driven by the net proceeds raised from our successful Hong Kong IPO in November 2025. Capital expenditures were US$6.6 million in the fourth quarter of 2025, compared to US$5.7 million in the fourth quarter of 2024, primarily attributable to investments in Gen-7 mass production and deployment.
Unaudited Full Year 2025 Financial Results
Revenues
Total revenues were US$90.0 million (RMB629.4 million) in 2025, representing an increase of 20.0% from US$75.0 million in 2024. The increase was mainly driven by strong growth in Robotaxi and Licensing and Applications revenues.
Robotaxi services revenues were US$16.6 million (RMB116.1 million) in 2025, representing an increase of 128.6% from US$7.3 million in 2024. Specifically, fare-charging revenues grew by close to 400%, primarily driven by growing user demand in tier-one cities, our ongoing optimizations to fleet operations, as well as robust order growth since our Gen-7 fleet launch.
Robotruck services revenues were US$40.6 million (RMB283.9 million) in 2025, representing an increase of 0.6% from US$40.4 million in 2024. Our deepened collaboration with Sinotrans continued to enhance fleet operations.
Licensing and applications revenues were US$32.8 million (RMB229.3 million) in 2025, representing an increase of 19.7% from US$27.4 million in 2024. The growth was mainly driven by growing demand for our autonomous domain controllers, primarily from customers in the low-speed robot delivery, robosweepers, logistics, and humanoid robotics sectors. Specifically, the delivery volume of our autonomous domain controllers surged by more than five times as compared to that of 2024. Cost of Revenues
Total cost of revenues was US$75.8 million (RMB530.4 million) in 2025, representing an increase of 19.2% from US$63.6 million in 2024. Gross Profit and Gross Margin
Gross profit was US$14.2 million (RMB99.0 million) in 2025, representing an increase of 24.2% from US$11.4 million in 2024.
Gross margin was 15.7% in 2025, compared to 15.2% in 2024. The improvement was mainly driven by an optimized revenue mix, with a higher contribution from Robotaxi services, which carry a relatively higher margin. Operating Expenses
Operating expenses were US$275.0 million (RMB1,923.2 million) in 2025, representing a decrease of 7.4% from US$296.9 million in 2024. The decrease was primarily associated with the share-based compensation expenses recognized related to the US IPO in the fourth quarter of 2024. Non-GAAP operating expenses were US$244.2 million (RMB1,707.9 million) in 2025, representing an increase of 43.7% from US$169.9 million in 2024.Research and development expenses were US$217.4 million (RMB1,520.4 million) in 2025, representing a decrease of 9.5% from US$240.2 million in 2024. Non-GAAP research and development expenses were US$196.3 million (RMB1,372.8 million), representing an increase of 42.5% compared to US$137.8 million in 2024. The increase primarily reflected i) the expansion of our R&D personnel to enhance our capacity for large-scale deployment and ii) Gen-7 vehicle research and development expenses. We plan to maintain our strategic investments in AI technology and talent, aiming to further enhance our technological capabilities, optimize BOM costs, and steadily advance our intelligent driving solutions to better serve our users.Selling, general and administrative expenses were US$57.6 million (RMB402.8 million) in 2025, representing an increase of 1.5% from US$56.7 million in 2024. Non-GAAP selling, general and administrative expenses were US$47.9 million (RMB335.1 million), representing an increase of 49.1% compared to US$32.1 million in 2024. The increase was primarily driven by i) higher personnel expenses incurred to support the accelerated deployment of large-scale commercial operations and ii) increased professional service fees. Loss from Operations
Loss from operations was US$260.9 million (RMB1,824.2 million) in 2025, compared to US$285.5 million in 2024. Non-GAAP loss from operations was US$230.1 million (RMB1,608.8 million) in 2025, compared to US$158.5 million in 2024, primarily driven by higher operating expenses incurred to support our ongoing business expansion and enhance our R&D capabilities. Net Loss
Net loss was US$76.8 million (RMB536.8 million) in 2025, compared to US$275.0 million in 2024. The reduction in net loss was mainly attributable to the increase in fair value of trading securities. Due to the inherent volatility of the price of trading securities, this item was excluded from the Non-GAAP measures to better reflect our core operational performance.Non-GAAP net loss was US$174.0 million (RMB1,216.7 million) in 2025, compared to US$132.3 million in 2024, primarily driven by higher operating expenses incurred to support our ongoing business expansion and enhance our R&D capabilities. We are making front-loaded investment to drive our Robotaxi commercialization at a quicker pace and enhance our R&D capabilities. Basic and Diluted Net Loss per Ordinary Share
Basic and diluted net loss per ordinary share was both US$0.35 (RMB2.45) in 2025, compared to US$2.40 in 2024.Non-GAAP basic and diluted net loss per ordinary share was both US$0.47 (RMB3.29) in 2025, compared to US$1.15 in 2024. Each ADS represents one Class A ordinary share. 4 Non-GAAP financial measures exclude share-based compensation expenses, changes in fair value of warrants liability and changes in fair value of trading securities. Such adjustment has no impact on income tax. For further details, see the “Unaudited Reconciliation of U.S. GAAP and Non-GAAP Results” set forth at the end of this earnings release. For the purpose of better reviewing and assessing the Company’s operating performance, the Company has redefined the non-GAAP adjustment items to include “changes in fair value of trading securities” within reconciliation of U.S. GAAP and non-GAAP results to eliminate the future fluctuation of the price of trading securities. The comparative figures for the prior periods have been retrospectively restated.
Conference Call
Pony.ai will hold a conference call at 8:00 AM U.S. Eastern Time on Thursday, March 26, 2026 (8:00 PM Beijing/Hong Kong Time on the same day) to discuss financial results and answer questions from investors and analysts.
For participants who wish to join the call by phone, please complete the online registration process using the link provided below prior to the scheduled call start time. Upon registration, participants will receive a confirmation email containing dial-in numbers, passcode, and a unique access PIN.
A replay of the conference call will be accessible through April 2, 2026, by dialing the following numbers:
United States:1-855-669-9658International:1-412-317-0088Replay Access Code:8943112 Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.pony.ai.
Exchange Rate
This press release contains translations of certain RMB amounts into U.S. dollars (“USD”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial statements contained in this earnings release.
Non-GAAP Financial Measures
The Company uses non-GAAP financial measures, such as non-GAAP research and development expenses, non-GAAP selling, general and administrative expenses, non-GAAP operating expenses, non-GAAP loss from operations, non-GAAP net loss, non-GAAP net loss attributable to Pony AI Inc., non-GAAP basic and diluted net loss per ordinary share, and non-GAAP free cash flows, in evaluating its operating results and for financial and operational decision-making purposes. By excluding the impact of share-based compensation expenses, changes in fair value of warrants liability and changes in fair value of trading securities, the Company believes that the non-GAAP financial measures help identify underlying trends in its business and enhance the overall understanding of the Company’s past performance and future prospects. The Company also believes that the non-GAAP financial measures allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.
The non-GAAP financial measures are not presented in accordance with U.S. GAAP and may be different from non-GAAP methods of accounting and reporting used by other companies. The non-GAAP financial measures have limitations as analytical tools and when assessing the Company’s operating performance, investors should not consider them in isolation, or as a substitute for financial information prepared in accordance with U.S. GAAP. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance.
For more information on the non-GAAP financial measures, please see the table captioned “Unaudited Reconciliation of U.S. GAAP and Non-GAAP Results” set forth at the end of this earnings release.
About Pony AI Inc.
Pony AI Inc. (NASDAQ: PONY; HKEX: 2026), founded in 2016, is a global leader in achieving large-scale mass production and commercialization of autonomous driving technology. Pony.ai is committed to delivering safe, advanced, and reliable autonomous driving technology and solutions. At the heart of Pony.ai’s strategy is its proprietary world model PonyWorld and its Virtual Driver technology. Together, they power the development and scaling of its Robotaxi services, Robotruck services, and licensing and applications businesses. With operations spanning China, Europe, East Asia, the Middle East, and beyond, Pony.ai stands among a select few companies globally to achieve fully driverless commercial operations. Pony.ai has forged deep and extensive partnerships across the autonomous driving value chain, enabling it to accelerate the commercialization of autonomous driving in line with its ultimate vision: “Autonomous Mobility Everywhere.” For more information, please visit: https://ir.pony.ai.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about Pony.ai’s beliefs, plans, and expectations, such as the expected fleet size and expected city deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Pony.ai’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Pony.ai does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Pony AI Inc.
Unaudited Condensed Consolidated Balance Sheets
(All amounts in USD thousands)
As ofAs ofDecember 31, 2024 December 31, 2025 AssetsCurrent assets:Cash and cash equivalents535,976 293,489Restricted cash, current21 1,936Short-term investments209,035 872,158Accounts receivable, net28,555 23,644Amounts due from related parties, current8,322 11,338Prepaid expenses and other current assets52,713 48,074Total current assets834,622 1,250,639Non-current assets: Restricted cash, non-current175 288Property, equipment and software, net17,241 60,467Operating lease right-of-use assets13,342 14,811Long-term investments130,799 454,942Prepayment for long-term investments 52,823 25,000Other non-current assets1,819 6,690Total non-current assets216,199 562,198Total assets1,050,821 1,812,837Liabilities and Shareholders’ Equity Current liabilities: Accounts payable and other current liabilities66,548 85,261Operating lease liabilities, current3,438 4,792Amounts due to related parties, current 900 1,422Total current liabilities70,886 91,475Operating lease liabilities, non-current9,835 10,375Other non-current liabilities1,389 1,988Total liabilities82,110 103,838Total Pony AI Inc. shareholders’ equity951,122 1,652,277Non-controlling interests17,589 56,722Total shareholders’ equity968,711 1,708,999Total liabilities and shareholders’ equity1,050,821 1,812,837 Pony AI Inc.
Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income
(All amounts in USD thousands, except for share and per share data)
Three Months Ended Year EndedDecember
31, 2024 December
31, 2025 December
31, 2024 December
31, 2025 Revenues: Service revenues 29,566 19,738 67,415 56,714 Product revenues 5,950 9,387 7,610 33,287 Total Revenues 35,516 29,125 75,025 90,001 Cost of revenues(28,060) (25,412) (63,622) (75,840)Gross profit7,456 3,713 11,403 14,161 Operating expenses: Research and development expenses(147,840) (60,519) (240,179) (217,419)Selling, general and administrative expenses(32,714) (17,067) (56,747) (57,599)Total operating expenses(180,554) (77,586) (296,926) (275,018)Loss from operations(173,098) (73,873) (285,523) (260,857)Investment income5,336 8,963 20,378 42,985 Changes in fair value of warrants liability- - 5,617 - Changes in fair value of trading securities (14,924) 132,477 (21,285) 128,031 Other income, net1,568 7,885 5,808 13,083 (Loss) Income before income tax(181,118) 75,452 (275,005) (76,758)Income tax expenses - - (1) - Net (loss) income(181,118) 75,452 (275,006) (76,758)Net (loss) income attributable to non-controlling interests(204) 52,020 (885) 57,211 Net (loss) income attributable to Pony AI Inc.(180,914) 23,432 (274,121) (133,969)Weighted average number of ordinary shares outstanding used in computing net (loss) income per ordinary share, basic182,347,578 414,661,510
114,318,765 379,914,317 Weighted average number of ordinary shares outstanding used in computing net (loss) income per ordinary share, diluted182,347,578 422,015,136
114,318,765 379,914,317 Net (loss) income per ordinary share, basic(0.99) 0.06 (2.40) (0.35)Net (loss) income per ordinary share, diluted(0.99) 0.06 (2.40) (0.35)Net (loss) income(181,118) 75,452 (275,006) (76,758)Other comprehensive income (loss): Foreign currency translation adjustments(4,900) 2,517 (2,952) 3,933 Unrealized gain (loss) on available-for-sale investments19,359 (17,317) 16,089 (30,609)Total other comprehensive income (loss)14,459 (14,800) 13,137 (26,676)Total comprehensive (loss) income (166,659) 60,652 (261,869) (103,434)Less: Comprehensive income attributable to non-controlling interests6,835 45,945 6,444 45,568 Total comprehensive (loss) income attributable to Pony AI Inc.(173,494) 14,707 (268,313) (149,002) Pony AI Inc.
Unaudited Condensed Consolidated Statements of Cash Flows
(All amounts in USD thousands)
Three Months Ended Year Ended December
31, 2024 December
31, 2025 December
31, 2024 December
31, 2025 Net cash used in operating activities (30,997) (28,590) (110,758) (164,955)Net cash used in investing activities (78,109) (601,698) (181,267) (889,160)Net cash provided by financing activities 408,243 825,682 407,389 814,833 Effect of exchange rate changes on cash, cash equivalents and restricted cash(3,311) (371) (5,397) (1,177)Net change in cash, cash equivalents and restricted cash 295,826 195,023 109,967 (240,459)Cash, cash equivalents and restricted cash at beginning of period 240,346 100,690 426,205 536,172 Cash, cash equivalents and restricted cash at end of period 536,172 295,713 536,172 295,713 Pony AI Inc.
Reconciliation of U.S. GAAP and Non-GAAP Results
(All amounts in USD thousands, except for share and per share data)
Three Months Ended Year Ended December
31, 2024 December
31, 2025 December
31, 2024 December
31, 2025 Research and development expenses (147,840) (60,519) (240,179) (217,419)Share-based compensation expenses 101,505 5,002 102,383 21,115 Non-GAAP research and development expenses (46,335) (55,517) (137,796) (196,304) Selling, general and administrative expenses (32,714) (17,067) (56,747) (57,599)Share-based compensation expenses 23,366 2,985 24,620 9,683 Non-GAAP selling, general and administrative expenses (9,348) (14,082) (32,127) (47,916) Operating expenses (180,554) (77,586) (296,926) (275,018)Share-based compensation expenses 124,871 7,987 127,003 30,798 Non-GAAP operating expenses (55,683) (69,599) (169,923) (244,220) Loss from operations (173,098) (73,873) (285,523) (260,857)Share-based compensation expenses 124,871 7,987 127,003 30,798 Non-GAAP loss from operations (48,227) (65,886) (158,520) (230,059) Net (loss) income (181,118) 75,452 (275,006) (76,758)Share-based compensation expenses 124,871 7,987 127,003 30,798 Changes in fair value of warrants liability - - (5,617) - Changes in fair value of trading securities 14,924 (132,477) 21,285 (128,031)Non-GAAP net loss5 (41,323) (49,038) (132,335) (173,991) Net (loss) income attributable to Pony AI Inc. (180,914) 23,432 (274,121) (133,969)Share-based compensation expenses 124,871 7,987 127,003 30,798 Changes in fair value of warrants liability - - (5,617) - Changes in fair value of trading securities 14,924 (80,059) 21,285 (75,613)Non-GAAP net loss attributable to Pony AI Inc. (41,119) (48,640) (131,450) (178,784) Weighted average number of ordinary shares outstanding used in computing net loss per ordinary share, basic and diluted 182,347,578 414,661,510 114,318,765 379,914,317 Non-GAAP net loss per ordinary share, basic and diluted (0.23) (0.12) (1.15) (0.47) 5 Such adjustments have no impact on income tax for the three-month and twelve-month periods ended December 31, 2024 and 2025, as no deferred tax has been recognized in respect of the temporary differences arising from these Non-GAAP adjustments.
Pony AI Inc.
Reconciliation of U.S. GAAP and Non-GAAP Results (Continued)
(All amounts in USD thousands, except for share and per share data)
Three Months Ended Year Ended December
31, 2024 December
31, 2025 December
31, 2024 December
31, 2025 Net cash used in operating activities (30,997) (28,590) (110,758) (164,955)Capital expenditures (5,718) (6,633) (11,397) (43,875)Free cash flows6 (Non-GAAP) (36,715) (35,223) (122,155) (208,830) 6 Free Cash Flows are a non-GAAP measure, commonly defined as cash flows from operating activities as presented in the statement of cash flows, less capital expenditures. However, in the context of the Company, operating cash flows are a cash out (i.e., a cash outflow). Free Cash Flows represent the total of operating cash outflows plus capital expenditures. This metric reflects the Company's important cash outflows, as it combines the funds required to maintain operations and invest in growth.
2026-03-26 09:371mo ago
2026-03-26 05:221mo ago
Silver Miners Are Up 124%, Platinum Up 89%: The 3 ETFs Giving Commodity Investors Access to Both
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Silver mining stocks are up 124% over the past year, platinum is up 89%, and palladium has recovered 48% after years of steep losses. Now all three are pulling back hard, with the VIX near 26.8 and up about 37% over the past month. The question is whether these three ETFs are worth holding through the turbulence, and the answer depends almost entirely on which one you own and why.
Physical Platinum With No Equity Noise: GraniteShares Platinum Trust GraniteShares Platinum Trust (NYSEARCA:PLTM) holds physical platinum bullion directly. There are no mining companies, no management teams, no operational risks layered in. When platinum moves, PLTM moves with it.
That directness comes with a track record worth understanding. Over the past year, the fund gained 89%, a run driven by platinum’s industrial and investment demand. The picture in 2026 has been rougher: PLTM is down about 9% year-to-date, and the past month alone saw a decline of roughly 14%. Platinum’s dual role as both an industrial metal (used heavily in catalytic converters and hydrogen fuel cells) and a store of value means it responds to both manufacturing demand signals and broader risk sentiment.
The fund carries a 0.5% expense ratio and has $330 million in net assets, making it a reasonably liquid vehicle for a niche commodity. It launched in January 2018 and pays no dividend, since physical metal generates no income.
The tradeoff is volatility with no operational buffer. A mining company can cut costs or find new ore bodies to improve its position even when metal prices fall. Physical platinum offers no such cushion. You own the commodity, and the commodity’s price is the only thing driving returns.
Silver Miners Offer Leverage to the Metal Itself iShares MSCI Global Silver and Metals Miners ETF (NYSEARCA:SLVP) takes a fundamentally different approach. Rather than holding silver directly, it holds the equities of companies that mine silver and related metals globally. This matters because mining stocks typically amplify the underlying metal’s moves in both directions.
The fund tracks the MSCI ACWI Select Silver Miners Investable Market Index and has been around since January 2012, giving it more than a decade of history across multiple commodity cycles. With $1.4 billion in net assets, it is the largest fund on this list, more than four times the size of PALL by assets.
The portfolio holds roughly 50 positions across multiple countries, with the top three holdings (Hecla Mining at about 14.2%, Industrias Penoles at 10.4%, and Fresnillo at 10.3%) representing nearly a third of the fund. That concentration means a few large miners drive an outsized share of performance, so stock-specific events at Hecla, Penoles, or Fresnillo can move the whole fund. Holdings span Canada, Mexico, Australia, China, and South Africa, so currency and geopolitical exposure are real factors alongside silver prices.
The expense ratio is 0.39%, one of the lower costs available for this kind of equity-based precious metals exposure. The one-year return of 124% reflects how aggressively mining equities can run when metals prices rise. The five-year return of 133% and ten-year return of 372% show the long-run compounding potential of owning producers rather than the metal itself.
The downside of that leverage is equally sharp. Over the past month, SLVP fell roughly 24%, nearly double the pullback seen in the physical metal funds. Mining equities carry company-specific risks — labor disputes, permitting delays, hedging decisions, and management execution — that physical metal does not. Investors choosing SLVP are accepting a more complex risk profile in exchange for the potential for higher long-run returns.
Palladium’s Industrial Story, Held in Physical Form abrdn Palladium ETF Trust (NYSEARCA:PALL) is the oldest fund on this list, having launched in January 2010. Like PLTM, it holds physical palladium bullion directly and charges a 0.6% expense ratio. With $1.2 billion in net assets, it is well-established and liquid for a single-commodity vehicle.
Palladium is primarily an industrial metal, with the majority of global demand coming from gasoline-powered vehicle catalytic converters. That demand profile makes it distinctly different from platinum or silver. Palladium does not carry the same safe-haven investment narrative that drives gold or silver during periods of market stress. Its price is more directly tied to auto production volumes and the pace of the global transition away from internal combustion engines.
That dynamic explains the five-year return of negative 48%, a steep contrast to the one-year gain of 48%. Palladium peaked at extreme prices earlier this decade when supply from Russia (a dominant producer) was constrained, then declined sharply as auto demand softened and platinum began substituting for palladium in some catalytic applications. The recent one-year recovery suggests some stabilization in industrial demand, but electric vehicle adoption continues to erode the long-run market for gasoline catalytic converters, and palladium’s price reflects that structural pressure.
Year-to-date, PALL is down about 11%, and the past month saw a pullback of nearly 19%. Investors considering PALL are making a specific bet on industrial demand holding up, not on precious metals as a broad safe-haven category.
How These Three Funds Actually Differ From Each Other The most important distinction is between equity exposure and physical metal exposure. SLVP owns mining companies, which means its returns depend on management decisions, operating costs, and balance sheet health in addition to silver prices. That is why it gained 124% over the past year but also fell roughly 24% in a single month. The leverage runs both ways.
PLTM and PALL are simpler instruments. They track their metals directly, with no company-level variables in the mix. The tradeoff is that there is no operational upside when conditions improve, only the metal’s price movement.
PALL stands apart from the other two because its demand story is almost entirely industrial. Investors in PALL are making a specific call on gasoline-powered vehicle production holding up long enough to justify the position, not on precious metals as a broad category.
2026-03-26 09:371mo ago
2026-03-26 05:291mo ago
Global oil prices near $100 as Iran war nears one-month mark
HomeMarketsFutures MoversFutures MoversPublished: March 26, 2026 at 5:29 a.m. ET
Iran rejected the U.S.'s peace plan on Wednesday, instead submitting its own set of proposals. Photo: Elke Scholiers/Getty ImagesOil prices climbed on Thursday as the war in Iran approaches its one-month mark, with little sign of an end in sight.
West Texas Intermediate contracts CL.1 advanced 3% to $92.84 a barrel and Brent crude futures BRN00 climbed just over 2% to $99.61 a barrel.
About the Author
Nora Redmond is a MarketWatch reporter based in London.
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2026-03-26 09:371mo ago
2026-03-26 05:301mo ago
Arm's Timing Is Good, but Big Chip Move Now Has to Go Perfectly
Ripple is exploring whether its stablecoin can streamline and potentially replace the manual payment systems that have long hindered cross-border trade, with the Monetary Authority of Singapore providing a regulatory sandbox to support the experiment.
Modernizing Digital Settlements Ripple said in a March 25 announcement that it is taking part in BLOOM, an initiative by the Central Bank aimed at expanding settlement capabilities for tokenized bank liabilities and regulated stablecoins.
As part of the initiative, Ripple is collaborating with Unloq to trial a system that automates cross-border trade payments using its dollar-pegged RLUSD, triggering transactions once preset conditions—such as shipment verification—are fulfilled.
Traditional trade finance relies on multiple layers of manual checks, paper-based documentation, and correspondent banking networks, often causing settlements to drag on for days or even weeks. The pilot by Ripple and Unloq aims to change that by using Unloq’s SC+ platform to consolidate trade obligations, settlement rules, and financing processes into a unified execution layer, while RLUSD on the XRP Ledger facilitates the actual transfer of funds.
In October 2025, the Monetary Authority of Singapore launched BLOOM (short for Borderless, Liquid, Open, Online, Multi-currency) to improve settlement processes through tokenized bank liabilities and regulated stablecoins.
This pilot comes just under four months after Ripple revealed that MAS had expanded the permitted payment activities for its Singapore subsidiary, Ripple Markets APAC, under the major payment institution license in December 2025.
Acceptance into the program reflects MAS’s approval of the RLUSD-on-XRP Ledger framework as a viable platform for regulated testing—a validation that holds far greater importance for Ripple’s enterprise pipeline than another listing or payments corridor could ever achieve.
Ripple’s Expansive Growth Plan By joining BLOOM, Ripple reinforces its strategic push into regulated financial markets. For instance, Ripple is pursuing an important financial services license in Australia by acquiring a local payments firm.
Additionally, Ripple is reportedly preparing a share buyback program of up to $750 million from investors and employees, a move that could peg the company’s worth at a staggering $50 billion.
Collectively, these initiatives demonstrate Ripple’s strategy of scaling worldwide operations while navigating changing regulatory landscapes.