Finex logo
Finex Intelligence

Market Signal Briefing

Real-time pulse of financial headlines curated from 2 premium feeds.

Last news saved at Mar 12, 01:36 51m ago Cron last ran Mar 12, 01:36 51m ago 2 sources live
Switch language
82,467 Stories ingested Auto-fetched market intel nonstop.
369 Distinct tickers Symbols referenced across the feed
stockne... Trending sources stocknewsapi • cryptonews
Hot tickers
BTC XRP ETH DOGE SOL BNO
Surfacing from current coverage
Details Saved Published Title Source Tickers
2026-03-06 00:09 6d ago
2026-03-05 17:34 6d ago
Justin Sun, Tron Entities Reach Settlement With US SEC, $10M Fine Imposed cryptonews
TRX
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US Securities and Exchange Commission (SEC) has settled its civil fraud case against Tron (TRX) blockchain founder Justin Sun, bringing an end to the legal proceedings that began in 2023. 

As part of the settlement, one of Justin Sun’s companies will pay a $10 million civil penalty, and the regulator will drop its claims against Sun and several related entities.

Justin Sun Case’s End  The SEC originally filed its lawsuit in March 2023 against Sun and his companies, including the Tron Foundation, BitTorrent Foundation, and Rainberry. The agency alleged that Sun and the corporate defendants orchestrated the unregistered offer and sale of TRX and BitTorrent’s BTT. 

Additionally, the regulator — chaired at the time by the heavily criticized Gary Gensler — accused them of inflating trading volumes artificially and concealing payments made to celebrity endorsers who promoted the tokens.

According to a court filing made public on Thursday, the settlement includes a permanent injunction against Rainberry. The company is barred from violating key Securities Acts in connection with the offer or sale of securities. 

That provision prohibits engaging in transactions or business practices that operate as a fraud or deceit on purchasers, including conduct that creates a false appearance or misleads investors about the price or trading market of a security.

SEC Finalizes Settlement The filing further orders Rainberry to pay a $10 million civil penalty. At the same time, the SEC agreed to dismiss with prejudice all claims against Justin Sun, the Tron Foundation, and the BitTorrent Foundation. 

The regulator’s dismissal also covers all remaining claims against Rainberry in the case, with no additional costs or fees imposed.

The daily chart shows TRX’s price decline on Thursday. Source: TRXUSDT on TradingView.com Despite Justin Sun and his firms winning in court, Tron’s native token, TRX, has failed to capitalize on this legal development, remaining at around $0.28 at the time of writing. 

Featured image from Bloomberg, 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.

Sign Up for Our Newsletter! For updates and exclusive offers enter your email.

Ronaldo is a seasoned crypto enthusiast with over four years of experience in the field. He is passionate about exploring the vast and dynamic world of decentralized finance (DeFi) and its practical applications for achieving economic sovereignty. Ronaldo is constantly seeking to expand his knowledge and expertise in the DeFi space, as he believes it holds tremendous potential for transforming the traditional financial landscape.
2026-03-06 00:09 6d ago
2026-03-05 17:35 6d ago
Strange New Chinese AI ‘KIMI' Predicts the Price of XRP, Ethereum and Dogecoin by the End of 2026 cryptonews
DOGE ETH XRP
Strange New Chinese AI ‘KIMI’ Predicts the Price of XRP, Ethereum and Dogecoin by the End of 2026 Market Analysis

Ad Disclosure

Ad Disclosure

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

Ad Disclosure

Ad Disclosure

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

Tim Hakki

Web 3 Journalist

Tim Hakki

Part of the Team Since

Feb 2024

About Author

A journalist and copywriter with a decade's experience across music, video games, finance and tech.

Has Also Written

Ad Disclosure

Ad Disclosure

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

Last updated: 

10 minutes ago

When you plug in a special prompt into AI chatbots, KIMI AI reveals some frankly unbelievable 2026 price projections for top cryptocurrencies.

Markets seem unfazed by the US/Iran war news, a sign that much of the geopolitical risk was absorbed earlier in the year, following aggressive sell-offs triggered by comments from former President Trump regarding possible U.S. military actions linked to Greenland and Iran.

While it’s still early days, crypto’s recovery may actually be on a firm footing.

Here’s why KIMI AI believes XRP, Ethereum and Dogecoin will gain the most.

XRP ($XRP): KIMI AI Forecasts a 6x Move Within 10 MonthsIn a recent update, Ripple reaffirmed XRP ($XRP) remains central to its vision of establishing the XRP Ledger (XRPL) as a global, enterprise-grade payments infrastructure.

Source: KIMI AIThanks to near-instant transaction finality and minimal fees, XRPL could secure an early foothold in two of crypto’s fastest-growing verticals: stablecoins and tokenized real-world assets.

XRP is currently trading near $1.41, and KIMI predicts a potential rally toward $8 by New Year, representing a sixfold gain from current levels.

XRP’s relative strength index (RSI) is holding close to a neutral 50, while price action has converged with the 30-day moving average, indicating the downturn may be exhausted.

Hitting $8 depends on rising institutional participation following the rollout of U.S.-listed XRP ETFs, Ripple’s expanding international partnerships, and the passage of the CLARITY Act through Congress later this year.

Ethereum (ETH): KIMI AI Sees ETH at $7.500Ethereum ($ETH) remains the foundation of decentralized finance thanks to an early lead in sophisticated smart contracts.

Source: KIMI AIWith a market capitalization of $251 billion and roughly $53 billion locked on chain, Ethereum is the primary settlement layer for blockchain economic activity.

Its strong security record, leadership in stablecoin issuance, and early traction in real-world asset tokenization position Ethereum for increased institutional adoption post-CLARITY.

Regulatory clarity remains a key variable. Institutions require it to deploy larger allocations on Ethereum.

ETH is currently trading below $2,000, with significant resistance expected near $5,000, close to its all-time high of $4,946.05 last August.

KIMI’s scenario suggests that a confirmed breakout above $5,000 could open the door to $7,500 ETH before Christmas.

Dogecoin (DOGE): DOGE to $1? KIMI AI Thinks the Real Target is 3x That!Originally launched as a joke in 2013, Dogecoin ($DOGE) is now a mature digital asset with a market capitalization around $14 billion, accounting for nearly half of the $32 billion meme coin sector.

Source: KIMIDOGE last set an all-time high of $0.7316 during the retail-driven bull market of 2021.

The $1 milestone has long been a psychological target for the Dogecoin community, and KIMI’s outlook suggests that a strong bull cycle could push DOGE close to, or beyond, that level.

From its current price just under $0.10, a move toward $2.80 or higher would represent a 28x return, or 2,700%.

Adoption and utility continue to grow.

Tesla accepts DOGE for select merchandise, while major fintech platforms including PayPal and Revolut now support Dogecoin transactions, reinforcing its real-world utility.

SUBBD (SUBBD): If Altseason is Here, then SUBBD is KINGIf the above cryptos follow KIMI’s projected course, then one new token that presale watchers expect will surge alongside them is SUBBD ($SUBBD), an AI-integrated content platform likely to disrupt the $85 billion creator economy.

SUBBD empowers creators with better revenue tools while offering fans more meaningful engagement.

Unlike traditional subscription platforms, which often charge creators up to 20% in fees while limiting community control, SUBBD eliminates intermediaries.

This decentralized approach has already sparked interest, raising $1.5 million during its ongoing presale.

Fans also benefit from an exclusive access ecosystem, including token-gated content, early releases, and member-only discounts, all fostering deeper connections between creators and their supporters.

To stay updated, you can follow SUBBD across X, Telegram, and Instagram, or join the ongoing presale directly through their website.

Visit the Official SUBBD Website Here
2026-03-06 00:09 6d ago
2026-03-05 17:35 6d ago
Crypto Price Prediction Today 5 March – XRP, Solana, Bitcoin cryptonews
BTC SOL XRP
Crypto Price Prediction Today 5 March – XRP, Solana, Bitcoin Market Analysis

Ad Disclosure

Ad Disclosure

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

Ad Disclosure

Ad Disclosure

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

Tim Hakki

Web 3 Journalist

Tim Hakki

Part of the Team Since

Feb 2024

About Author

A journalist and copywriter with a decade's experience across music, video games, finance and tech.

Has Also Written

Ad Disclosure

Ad Disclosure

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

Last updated: 

9 minutes ago

The top crypto projects might be entering an exciting price discovery phase in the coming months.

Bitcoin price is sailing near $73,000 despite global uncertainty caused by the U.S./Iran war.

Meanwhile, the likely approval of the U.S. CLARITY Act this year could ignite the next bull run.

If positive momentum prevails, XRP, Solana, and Bitcoin are likely to be the biggest growers…

Discover: The best meme coins in the world right now.

XRP (XRP): Ripple’s Crypto and Business Networks Could Push Price To $5XRP ($XRP) capitalizes $88 billion, making it the top blockchain network for international payments.

Ripple designed the XRP Ledger (XRPL) for instant transaction settlement at minimal cost, offering a service that could replace SWIFT.

In a recent update, Ripple doubled down on XRPLedger (XRPL) as foundational infrastructure for stablecoins and tokenized real-world assets, while maintaining XRP as the core liquidity asset powering the network.

Ripple’s solution has drawn recognition from institutions including the UN Capital Development Fund and the White House, both of which have highlighted its modernizing potential.

Strengthening the bullish outlook, the recent launch of spot XRP exchange-traded funds (ETFs) in the United States has broadened access for institutional investors.

From a technical perspective, XRP could break out from a bullish flag pattern soon. If broader conditions remain supportive, prices could hit $5 before H2.

Solana (SOL): Ethereum Killer Eyes New All-Time HighsSolana ($SOL) is the largest smart contract platform outside of Ethereum, supporting approximately $6.9 billion in total value locked and boasting a market capitalization exceeding $52 billion.

Trading around $92, SOL has rebounded above its 30-day moving average, a sign that buying momentum may now be invalidating the bearish head and shoulders that formed through 2025 and early 2026.

The relative strength index (RSI) is currently near 53 and trending upward, pointing to improving sentiment.

A decisive move above key resistance zones near $200 and $275 could open the door for Solana to surpass its previous all-time high (ATH) of $293.31 by July.

Adding to Solana’s fundamental appeal, major asset managers such as BlackRock and Franklin Templeton are issuing tokenized investment products on the network, giving it an early foothold in the rapidly expanding tokenization sector.

Bitcoin (BTC): Is a New Record High Possible by Summer?Bitcoin ($BTC), the largest cryptocurrency by market capitalization, previously rallied to an ATH of $126,080 on October 6.

A steep correction followed the surge, driven by geopolitical uncertainty and speculation surrounding possible U.S. military involvement linked to Iran and Greenland.

As a result, Bitcoin briefly lost nearly half of its value, bottoming at $63,000 last weekend.

Bitcoin’s reputation as “digital gold” continues to attract investors seeking a hedge against inflation, currency devaluation, and broader macroeconomic risks.

Rising institutional participation, reduced supply following the latest halving, and expectations of clearer U.S. regulatory frameworks could help reignite upward momentum.

Additionally, if Donald Trump follows through on proposals for a U.S. Strategic Bitcoin Reserve, Bitcoin’s long-term dominance in a crowded crypto market would be secured.

Bitcoin Hyper: This Low Price Crypto Presale Project Brings Bitcoin Up to Speed with Solana and EthereumWhile Bitcoin, XRP, and Solana offer compelling long-term investment narratives, historical trends show that some of the largest returns often come from early exposure to emerging crypto infrastructure projects.

Bitcoin Hyper ($HYPER) seeks to expand Bitcoin’s capabilities by combining its security with Solana-style speed and efficiency through a Layer 2 scaling protocol. This approach lowers transaction costs while preserving Bitcoin’s robust security model.

With Bitcoin Hyper, users can stake tokens, earn yield, trade assets, and interact with smart contracts without transferring funds off the Bitcoin network.

The project has already attracted $31.8 million in its ongoing presale, drawing growing attention from large investors and crypto exchanges alike. As a result, $HYPER is one of the buzziest launches of the year.

Investors interested in purchasing $HYPER at its fixed presale price can visit the official Bitcoin Hyper website and connect a supported wallet such as Best Wallet.

Purchases can also be completed using a bank card.

Visit the Official Website Here
2026-03-06 00:09 6d ago
2026-03-05 17:35 6d ago
CleanSpark Sells Majority of February Bitcoin Production to Fund AI and HPC Expansion cryptonews
BTC
CleanSpark (NASDAQ: CLSK), a U.S.-based bitcoin mining company operating large-scale data centers, sold nearly all of the bitcoin it mined in February as it ramps up investment in artificial intelligence (AI) and high-performance computing (HPC) infrastructure.

According to the company’s latest operational update, CleanSpark produced 568 BTC during February and sold 553 BTC, representing roughly 97% of its monthly production. The sales generated approximately $36.65 million in revenue, with an average selling price of $66,279 per bitcoin. This marks one of the company’s highest ratios of bitcoin production sold compared with previous months.

The move reflects a growing trend among bitcoin mining companies that are increasingly shifting toward AI and high-performance computing opportunities. As demand for data centers and computing power continues to surge, many miners are liquidating portions of their bitcoin holdings or selling newly mined BTC to finance infrastructure upgrades and expansion projects.

Despite the large sale, CleanSpark still maintains a significant bitcoin treasury. As of Feb. 28, the company held 13,363 BTC. Of that total, 1,086 BTC is either pledged as collateral or classified as receivables linked to derivative transactions.

CleanSpark also continues to expand its mining operations and computing capacity. The company reported an operational hashrate of 50 exahashes per second (EH/s), representing roughly 7% of the total global bitcoin network computing power. This scale positions CleanSpark among the largest publicly traded bitcoin mining firms in the industry.

In addition, CleanSpark recently finalized the acquisition of a second campus in Texas, adding 300 megawatts of ERCOT-approved power capacity. With this expansion, the company’s total contracted power portfolio now reaches approximately 1.8 gigawatts, strengthening its ability to support both bitcoin mining operations and emerging AI and HPC workloads.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-03-06 00:09 6d ago
2026-03-05 17:36 6d ago
Crypto ETFs Sustain Rally With $462 Million for Bitcoin and $169 Million for Ether cryptonews
BTC ETH
Crypto exchange-traded funds (ETFs) extended their momentum on Wednesday as bitcoin funds logged a third consecutive day of inflows. Ether, XRP, and solana ETFs also recorded gains, signaling broad institutional demand across major digital assets.
2026-03-06 00:09 6d ago
2026-03-05 17:39 6d ago
SEC crypto enforcement shift highlighted as justin sun case nears $10 million BitTorrent settlement cryptonews
BTT TRX
U.S. regulators are moving to resolve a high-profile justin sun case, signaling a potential turning point in federal crypto enforcement strategy.

Summary

SEC seeks $10 million penalty from BitTorrent parent RainberryKey terms of the Rainberry civil penalty agreementTron Foundation claim dismissal and case statusBroader SEC crypto enforcement shift after leadership changeImpact on Justin Sun and ongoing venturesRegulatory overhang and BitTorrent owner settlement implications SEC seeks $10 million penalty from BitTorrent parent Rainberry The U.S. Securities and Exchange Commission filed a proposed final judgment on Wednesday in federal court in New York targeting Rainberry Inc., the company behind the BitTorrent protocol. Under the proposed order, Rainberry would pay a $10 million civil penalty and accept an injunction barring it from deceptive practices in securities offerings.

The settlement framework focuses on Rainberry, which operates the technology tied to the TRX ecosystem. However, the injunction would specifically prohibit misleading conduct in future securities-related activities, aligning with the SEC’s traditional investor-protection mandate.

Key terms of the Rainberry civil penalty agreement In exchange for Rainberry’s payment and injunctive relief, the SEC would dismiss its remaining claims against Justin Sun and affiliated entities, including the Tron Foundation and BitTorrent Foundation. The proposed dismissal would be “with prejudice,” meaning the regulator cannot refile the same allegations in this federal court.

The enforcement action, first brought in 2023, accused Sun and his companies of selling unregistered securities and manipulating the market for the TRX token through alleged wash trading. Moreover, the complaint framed these practices as part of a broader pattern of misconduct in digital-asset markets.

Rainberry agreed to the settlement terms without admitting or denying the allegations selling unregistered securities, a standard feature of many SEC resolutions. However, this structure allows the company to close the matter while avoiding a formal admission that could fuel parallel litigation.

Tron Foundation claim dismissal and case status The proposed judgment would effectively end the trx wash trading claims and broader Tron Foundation claim dismissal sought by Sun’s defense team. That said, the agreement will only take effect if approved by a federal judge in the Southern District of New York, who must sign off on the consent order.

This partial resolution marks a significant step toward closing one of the SEC’s most visible crypto cases. However, it does not rewrite the original complaint, which remains part of the public record and continues to shape perceptions of TRX and its associated platforms.

Broader SEC crypto enforcement shift after leadership change The move comes as U.S. authorities appear to be recalibrating how they police digital assets, amid what many observers describe as an SEC crypto enforcement shift. The change follows the departure of former SEC chair Gary Gensler, whose tenure was defined by an aggressive effort to apply securities laws across the digital-asset sector.

Under Gensler, the commission launched a series of headline-making cases that targeted token issuers, exchanges, and market participants. Moreover, his approach centered on the view that most crypto tokens should be treated as securities, a stance that triggered intense industry pushback.

Impact on Justin Sun and ongoing ventures Despite the overhang of the enforcement action, Sun has remained a visible figure in the sector. The justin sun case did not prevent him from staying active in protocol governance, cross-chain initiatives, and new financial products tied to the broader TRX ecosystem.

Recently, Sun has also drawn scrutiny for his links to World Liberty Financial, a crypto venture associated with allies of President Donald Trump. However, the proposed settlement with Rainberry does not address those activities, which remain outside the scope of this proceeding.

Regulatory overhang and BitTorrent owner settlement implications If approved, the bittorrent owner settlement would remove a major regulatory overhang for founder Justin Sun and his companies. Moreover, it would clarify the legal exposure of the BitTorrent and Tron ecosystems in relation to this specific SEC action.

Market participants are likely to watch closely how other enforcement matters evolve in the wake of this deal. That said, the Rainberry resolution will not settle broader policy debates in Washington over how to classify and regulate digital tokens.

Overall, the proposed rainberry civil penalty agreement underscores a more selective posture by regulators, even as they maintain that compliance with securities law remains non-negotiable for crypto issuers and platforms.

Amelia Tomasicchiohttps://cryptonomist.ch

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder of The Cryptonomist. She is also a marketing teacher at Digital Coach in Milan and she published a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector. As advisor, Amelia is also involved in metaverse-related project such as The Nemesis and OVER.
2026-03-06 00:09 6d ago
2026-03-05 17:40 6d ago
21Shares unveils first US polkadot etf as regulated altcoin products accelerate cryptonews
DOT
Institutional demand for diversified crypto exposure is pushing issuers to broaden their offerings, with the first US polkadot etf now joining the growing roster of regulated products.

Summary

21Shares prepares TDOT, the first US Polkadot ETFAltcoin ETFs move beyond early Bitcoin and Ethereum productsFund structure mirrors existing crypto investment vehiclesBroader trend in institutional access to cryptoWhat the launch means for the altcoin ETF landscape 21Shares prepares TDOT, the first US Polkadot ETF Crypto asset manager 21Shares is launching the first U.S. exchange-traded fund designed to track the price of Polkadot, adding a new regulated option for altcoin exposure. The fund, which will trade under the ticker TDOT, is scheduled to begin trading on 6 March, subject to final operational arrangements.

According to the issuer, the product will give investors a way to participate in DOT price movements without directly buying or holding the underlying token. Moreover, it is aimed at institutional and professional investors who prefer familiar, exchange-listed vehicles to access digital assets.

Altcoin ETFs move beyond early Bitcoin and Ethereum products The TDOT launch comes as crypto exchange-traded products evolve beyond the initial wave of U.S. spot Bitcoin and Ethereum ETFs that opened the market to large-scale institutional participation. Those earlier products demonstrated that regulated funds could channel significant capital into digital assets through traditional brokerage accounts.

Asset managers are now actively pursuing exchange-traded funds linked to other major cryptocurrencies. However, the opportunity set is still emerging. Projects such as Solana, XRP, Dogecoin, and Chainlink feature prominently in issuer pipelines as investors look for diversified exposure to multiple blockchain ecosystems.

For fund sponsors, these strategies offer institutions a route into crypto via established regulatory structures and exchange venues. That said, each new product must still navigate evolving rules, risk disclosures, and operational requirements specific to digital assets.

Fund structure mirrors existing crypto investment vehicles According to the fund’s prospectus, the ETF will hold DOT tokens directly and track their market value using a benchmark that aggregates price data from multiple major trading platforms. This benchmark-based approach is intended to reflect a robust, real-time view of Polkadot’s spot market.

The shares are expected to list on Nasdaq and will use a grantor trust structure, the same legal framework employed by many spot Bitcoin and Ethereum ETFs in the United States. Moreover, this approach is designed to give investors clear, undivided beneficial ownership interests in the trust’s digital asset holdings.

The filing also notes that the trust may stake a portion of its DOT holdings to earn network rewards. However, any staking activity would be conducted within the parameters set out in the prospectus, potentially enabling the fund to capture additional yield from Polkadot’s consensus mechanism alongside pure price exposure.

Broader trend in institutional access to crypto The introduction of TDOT highlights how exchange-traded funds have become a central channel for institutional investors seeking access to digital assets. Since U.S. regulators first allowed spot crypto ETFs, asset managers have accelerated efforts to develop products covering multiple blockchain networks and use cases.

In this context, the new polkadot etf adds depth to the menu of regulated crypto strategies available on mainstream exchanges. Furthermore, it underscores the market’s shift from single-asset focus on Bitcoin toward a more diversified framework that includes key smart contract and interoperability platforms.

For 21Shares, TDOT represents another building block in a broader lineup of crypto investment vehicles. As competition among issuers intensifies, firms are racing to secure first-mover advantage in altcoin-linked ETFs and to serve institutions that want exposure beyond the largest digital assets.

What the launch means for the altcoin ETF landscape The arrival of TDOT illustrates how rapidly the altcoin segment of the ETF market is maturing. While regulatory processes still shape the pace of product introductions, investor interest in diversified crypto exposure continues to rise. That said, performance, liquidity, and tracking quality will be closely watched as more such products reach the market.

In summary, 21Shares is bringing TDOT to Nasdaq as the first U.S. ETF designed to track Polkadot, providing price exposure via a regulated, exchange-traded structure and signaling another step in the institutionalization of altcoin investing.

Lorenzo Marcek

Lorenzo Marcek is a financial journalist and senior crypto markets analyst known for his clear, data-driven approach to digital asset reporting. With a background in economics and more than a decade covering global markets, he specializes in on-chain metrics, institutional adoption trends, and macro-driven crypto movements. His work blends investigative journalism with technical market insight, making him a trusted voice for traders seeking grounded, actionable analysis.
2026-03-06 00:09 6d ago
2026-03-05 17:48 6d ago
XRP Price Prediction: Billionaire Elon Musk Reveals New “X Money” Payment Platform — Is XRP About to Be Added? cryptonews
XRP
Altcoin News

Ad Disclosure

Ad Disclosure

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

Ad Disclosure

Ad Disclosure

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

Ahmed Balaha

Author

Ahmed Balaha

Part of the Team Since

Aug 2025

About Author

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

Has Also Written

Ad Disclosure

Ad Disclosure

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

Last updated: 

9 minutes ago

Elon Musk just gave the internet its first real glimpse of X Money, and the crypto world immediately started connecting the dots regarding XRP and its price prediction.

The new payment system from X is rolling out in beta and aims to turn the platform into a full financial hub. Early previews show users sending money, receiving payments, managing balances, and even earning yield directly inside the app.

That instantly sparked speculation about crypto.

Some users believe the system could eventually support assets like Dogecoin or even XRP for payments. Musk did not confirm anything, but he did repost a prediction describing a future where X includes investing, lending, high-yield savings, and crypto support.

For many, that repost felt like a quiet nod that the idea is at least on the table.

Billionaire investor Chamath Palihapitiya suggested stablecoins would make more sense because they are easier to integrate into global payments and face fewer regulatory issues.

If even 10% of this is true:

1) your identity on X becomes a crucial financial asset. The distribution of your identity becomes a huge asset that others will underwrite. Investing will then include building a following and posting good, interesting, engaging and useful content… https://t.co/N66jjMmtB7

— Chamath Palihapitiya (@chamath) March 4, 2026 Either way, the potential scale is massive. X already has more than 600 million monthly users and money transmitter licenses across over 40 US states.

If crypto ever plugs into that system, the impact could be huge. And that is exactly why the XRP question keeps resurfacing.

XRP Price Prediction: Could XRP Be Added to X Money?For now, there is no confirmation that XRP will be integrated into the platform. However, the speculation alone is enough to keep the asset in the conversation as traders watch how Musk’s super app ambitions unfold.

Source: XRPUSD / TradingViewXRP price is now testing the $1.50 resistance zone, the same area that has rejected several moves over the past few weeks.

It also lines up with the descending trendline that has been steering the broader downtrend, which makes it a major barrier on the chart.

If XRP finally breaks and holds above $1.50, the structure starts to shift. The next level sits near $1.61. Clear that, and the door opens toward $1.90, with $2.20 becoming possible if momentum keeps building.

If price gets rejected again at $1.50, attention quickly swings back to $1.30 support, the level that has been holding the market up during the recent consolidation.

Maxi Doge: Is $MAXI the Next Meme Coin Traders Rotate Into?

When coins like XRP start moving like molasses and every bounce feels slow. This is where traders usually start looking for something with real momentum. That is where Maxi Doge ($MAXI) jumps in.

Maxi Doge is not trying to be a slow, long-term grind. It is built for speed. Meme energy, bold branding, and a loud community that thrives when sentiment flips and traders start chasing the next hot narrative.

And the early numbers show people are already paying attention. The $MAXI presale has raised around $4.6 million so far, with staking rewards going up to 67% APY for early participants.

When big players are busy stacking the slower coins, retail usually hunts the next fast mover. Maxi Doge is setting itself up exactly for that kind of moment.

Visit the Official Maxi Doge Website Here
2026-03-06 00:09 6d ago
2026-03-05 17:49 6d ago
U.S. Judge Freezes BlockFills Bitcoin Assets Amid Dominion Capital Crypto Lawsuit cryptonews
BTC
A U.S. federal judge has issued a temporary restraining order (TRO) against crypto trading and lending firm BlockFills, freezing bitcoin assets tied to an ongoing lawsuit filed by investment firm Dominion Capital. The court order, filed March 3 in the U.S. District Court for the Southern District of New York, prevents BlockFills from transferring or disposing of 70.6 bitcoin allegedly belonging to Dominion while the legal dispute proceeds.

Dominion Capital filed its complaint on February 27, accusing BlockFills of misappropriating millions of dollars in customer crypto assets. According to the lawsuit, the Chicago-based crypto lender unlawfully retained funds, commingled client assets, and concealed substantial financial losses. Dominion also alleged that BlockFills refused to return its assets after suspending withdrawals on the platform earlier this year.

Judge Mary Kay Vyskocil granted Dominion’s request for an emergency asset freeze, citing the risk of “immediate and irreparable injury.” The order temporarily blocks BlockFills from moving Dominion’s bitcoin or transferring assets outside the United States. In addition, the court instructed the company to account for and segregate all customer funds, including the bitcoin belonging to Dominion, until a hearing determines whether a longer-term preliminary injunction should be issued.

A temporary restraining order is an emergency legal measure commonly used in financial disputes to prevent parties from moving or hiding assets before a full court hearing. In this case, the TRO was issued without prior notice to BlockFills because of concerns that the firm’s financial condition could worsen before the court could intervene.

The legal dispute follows mounting financial pressure on BlockFills. Reports indicate the company suffered roughly $75 million in losses during the recent crypto market downturn. The firm is reportedly seeking a buyer or emergency funding as it attempts to stabilize operations.

BlockFills halted customer deposits and withdrawals on February 11, citing difficult market and financial conditions. The platform provides liquidity, financing, derivatives trading, and over-the-counter crypto services to institutional clients such as hedge funds, asset managers, market makers, and bitcoin mining companies.

The company, backed by trading giant Susquehanna, processed more than $60 billion in trading volume in 2025 and serves around 2,000 institutional clients worldwide. However, the recent suspension of withdrawals has raised concerns about its financial stability.

Nicholas Hammer, co-founder and former CEO of BlockFills, has stepped down from his leadership role. The company’s website now lists Joseph Perry as interim CEO. BlockFills has declined to comment on the lawsuit, citing its policy not to discuss ongoing litigation, while Dominion Capital has also declined public comment.

Legal experts say the case could have significant implications for institutional crypto lending platforms. Insolvency specialist Thomas Braziel of 117 Partners warned that the firm may be heading toward bankruptcy, suggesting institutional clients are unlikely to continue using the platform amid the ongoing legal and financial uncertainty.

The temporary restraining order is scheduled to expire on March 17 unless the court decides to extend it following further hearings in the case.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-03-06 00:09 6d ago
2026-03-05 17:54 6d ago
CleanSpark Sells Nearly All February BTC Production to Accelerate AI Expansion cryptonews
BTC
This Thursday, it was announced that the U.S. Bitcoin miner CleanSpark (CLSK) sold nearly all of its February production to capitalize on its aggressive expansion into artificial intelligence (AI) and high-performance computing (HPC). The most recent operational report revealed that the firm sold 553 BTC out of the 568 produced, representing a 97% sell-off ratio. This operation generated $36.65 million, taking advantage of an average selling price exceeding $66,000 per unit.

This move underscores a growing trend in the mining sector, as companies seek to diversify their revenue streams by leveraging their data center infrastructure for AI services. Despite this massive liquidation of monthly production, CleanSpark maintains a solid treasury with over 13,000 BTC accumulated. Furthermore, the company strengthened its operational capacity after closing the acquisition of a second campus in Texas, adding 300 megawatts to its contracted power portfolio.

In summary, with an operational hashrate that already represents 7% of the network’s global power, the critical next step will be to demonstrate the efficiency of its hybrid model between cryptocurrencies and advanced computing in a highly competitive market.

Source:https://x.com/RealAllinCrypto/status/2029632309364969739

Disclaimer: Crypto Economy’s Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to provide quick information about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
2026-03-06 00:09 6d ago
2026-03-05 17:56 6d ago
Ripple Prime Expands Institutional Access to Regulated Crypto Futures via Coinbase Derivatives cryptonews
XRP
Ripple, the blockchain company closely tied to the XRP Ledger and XRP cryptocurrency, announced that institutional clients using its Ripple Prime platform can now trade the complete suite of crypto futures listed on Coinbase Derivatives. The move strengthens Ripple’s push into institutional digital asset trading and provides clients with direct access to regulated crypto derivatives within a U.S. market supervised by the Commodity Futures Trading Commission (CFTC).

Through the integration, Ripple Prime users can trade nano bitcoin (BTC) and nano ether (ETH) futures. These smaller-sized contracts are designed to reduce the capital required for trading, making futures markets more accessible to a wider range of institutional participants. In addition to BTC and ETH products, Coinbase Derivatives also offers futures contracts tied to Solana (SOL) and XRP in both standard and smaller contract sizes. All contracts are cleared through Nodal Clear, a U.S.-based clearing house that provides centralized clearing and risk management for derivatives markets.

Crypto derivatives have rapidly become one of the fastest-growing segments of the digital asset industry. Institutional traders often favor futures contracts because they provide exposure to cryptocurrency price movements without requiring direct ownership of the underlying assets. Futures also enable firms to hedge portfolio risk more effectively. Regulated derivatives platforms in the United States have attracted increasing institutional demand due to clearer regulatory frameworks and centralized clearing systems that help reduce counterparty risk.

The new trading capability builds on Ripple’s acquisition of Hidden Road, a futures commission merchant and prime brokerage firm, in a $1.25 billion deal completed last year. Hidden Road now operates under the Ripple Prime brand and offers institutional brokerage, clearing, and financing services across multiple asset classes, including digital assets.

Ripple has been actively expanding its institutional infrastructure through a series of acquisitions. In addition to Hidden Road, the company purchased stablecoin payments firm Rail for $200 million, treasury management technology provider GTreasury, and crypto wallet infrastructure startup Palisade. These strategic acquisitions reflect Ripple’s broader goal of building a comprehensive digital asset ecosystem for institutional investors and enterprise clients.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-03-06 00:09 6d ago
2026-03-05 18:00 6d ago
Bitwise Backs Bitcoin Devs With Over $380K In Donations cryptonews
BTC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross profits every year to the people who keep Bitcoin running. Fourteen months later, that promise is still being kept — and the checks are getting bigger.

A Growing Commitment To Open-Source Work The firm announced a $233,000 donation on March 4, directed at three organizations that fund BTC open-source developers: Brink, OpenSats, and the Human Rights Foundation’s Bitcoin Development Fund.

Combined with last year’s contribution, Bitwise has now put more than $380,000 into the hands of programmers who maintain and secure the world’s largest cryptocurrency network. None of that money came from marketing budgets or corporate goodwill gestures. It came straight from ETF profits.

As part of our annual commitment to support Bitcoin open-source developers, Bitwise is proud to donate $233,000 to support the unsung heroes maintaining and securing the Bitcoin network.

This year marked significant growth for the Bitwise Bitcoin ETF ($BITB), making this… pic.twitter.com/wjEoLHDVsY

— Bitwise (@Bitwise) March 4, 2026

Image Credit: Reuters/Brendan McDermid/File Photo The Bitcoin ETF at the center of this — ticker BITB — has pulled in over $2.5 billion in investor inflows since it launched. That growth is what drives the size of the annual donation.

As BITB grows, so does the contribution. Bitwise said as much when announcing this year’s gift, confirming that future donations will scale with the fund’s assets under management.

Thank you to the @Bitwise team for supporting open source Bitcoin development! https://t.co/xDgQTc5RHk

— Brink (@bitcoinbrink) March 4, 2026

Bitcoin’s Invisible Workforce Open-source developers rarely make headlines. They write code, review proposals, fix bugs, and argue over technical upgrades in public forums — mostly without pay.

The three nonprofits receiving Bitwise’s donation exist specifically to change that. Brink and OpenSats offer grants and fellowships to full-time contributors. The Human Rights Foundation’s Bitcoin Development Fund focuses on reaching developers in countries where financial freedom is most at risk.

BTCUSD currently trading at $73,183. Chart: TradingView For these organizations, corporate donations of this size are significant. The top crypto asset’s core development has no central authority and no company behind it writing paychecks. Funding comes from donors, and consistency matters.

Beyond Crypto Bitwise has extended the same model to Ethereum. Based on reports, the firm also donated a portion of profits from its spot Ethereum ETF — ETHW — to Ethereum open-source contributors last year.

Image: Da-kuk via Getty Images The company manages over $15 billion in assets across more than 40 products, including ETFs tied to XRP, Solana, and Dogecoin.

The broader picture is a firm using its ETF business not just to profit from crypto, but to fund the work that keeps it functional.

Whether that becomes an industry standard remains to be seen. For now, Bitwise is one of the few doing it consistently — and putting the receipts on the table every year.

Featured image from Pexels, chart from TradingView

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.

Sign Up for Our Newsletter! For updates and exclusive offers enter your email.

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.
2026-03-06 00:09 6d ago
2026-03-05 18:00 6d ago
American Bitcoin adds 11k ASICs in bold BTC mining play – Why it matters cryptonews
BTC
Journalist

Posted: March 6, 2026

FUD tends to hit the hardest when it starts to show up in the fundamentals.

Sure, Q1 was rough for holders, with nearly 50% of Bitcoin’s [BTC] supply underwater. However, it wasn’t just wallets feeling the pain. Instead, the network itself showed signs of strain, with hashrate reflecting the stress.

As the chart below shows, Bitcoin’s hashrate started February near a seven-month low at 825 million TH/s, roughly in line with BTC’s 35% pullback from pre-October levels.

This is proof that even the network’s fundamentals weren’t immune to FUD.

Source: Blockchain.com

For context, a falling hashrate usually means miner activity is slowing. Here, the slowdown wasn’t random; it tracked the broader market weakness, as volatility ate into margins and forced some to capitulate.

This, in turn, worsened Bitcoin’s drawdown, creating a classic volatility loop. The Miner Position Index (MPI) reinforced the picture, spiking to a seven-month high near 3, signaling that more miners were offloading BTC.

Against this backdrop, American Bitcoin’s latest move starts to matter.

The timing is notable, as the Bitcoin mining industry is entering a major transformation phase, with shifts big enough to impact the network, miner behavior, and the market as a whole.

American Bitcoin stays focused on BTC mining amid AI mania AI is making its mark on crypto, and Bitcoin mining isn’t immune.

For context, more miners are now leaning on AI to optimize operations.

From predicting energy usage to allocating hashrate, these tools are reshaping how Bitcoin mining is run, changing both profitability and operational strategies across the industry.

Against this backdrop, American Bitcoin’s choice to double down on raw BTC mining power with 11,298 new ASICs stands out. While others chase AI-driven efficiency, this move signals confidence in the fundamentals.

Source: X

Notably, it gets even more bullish considering that American Bitcoin has crossed 6,500 BTC, making it the 17th largest public BTC company in the world.

Taken together with their 11k ASIC purchase, the move underscores just how serious they are about stacking both hashpower and BTC.

The impact was immediate. 

CoinMarketCap reports a 12% jump in BTC hashrate, signaling confidence in the network even amid broader market volatility.

More importantly, though, it reflects strong “miner conviction,” making American Bitcoin’s move a textbook example of a conviction play.

Final Summary American Bitcoin doubles down on fundamentals with 11,298 new ASICs and crossing 6,500 BTC, highlighting serious commitment. The impact on the network is a 12% jump in BTC hashrate, signaling strong miner conviction and confidence in Bitcoin even amid ongoing macro FUD.
2026-03-06 00:09 6d ago
2026-03-05 18:00 6d ago
XRP To Pass Bitcoin, US Veteran Claims Amid War Forecast cryptonews
XRP
A retired US Army combat medic has predicted that XRP will overtake Bitcoin as the world’s most valuable cryptocurrency — a claim that would require XRP’s price to climb from $1.41 to nearly $24.

A Long Road To The Top Patrick L. Riley, who now operates as a market commentator on social media, posted the forecast on X without offering supporting data or a specific timeline.

It was not his first time making the claim. Last month, Riley said XRP would become the top-ranked crypto within six years, regardless of whether Bitcoin breaks the $150,000 price level this year.

He added that if Bitcoin fails to reach that threshold and reclaim its 12-year trend line, it could collapse to as low as $1,000.

Based on current market data, XRP sits fourth by total market value at close to $87 billion. Bitcoin leads at $1.45 trillion. Ethereum ranks second at $254 billion. BNB holds third place at $89.3 billion, just ahead of XRP.

I’m going to make two very not bold predictions.

1: This will not be a 4-5 week long war.

2: XRP will pass Bitcoin.

— Patrick L Riley (@Acquired_Savant) March 4, 2026

Before XRP could even challenge Bitcoin, it would first need to pass BNB — a gap of roughly 3.5% — and then Ethereum, which would require a price increase of about 190%, pushing XRP past $4.15. Surpassing Bitcoin would demand a further surge to $23.70.

XRP last overtook Ethereum in December 2019. Since then, the token has bounced between third and fourth place, often trading blows with BNB for position.

Other Voices, Similar Claims Riley is not alone in making this kind of forecast. In August 2025, a finance commentator known as Coach JV said XRP would claim the top spot by 2030, with Bitcoin falling to second.

XRPUSD now trading at $1.43. Chart: TradingView In March 2025, Jacob King, CEO of SwanDesk, made a similar argument after the US government confirmed it had added XRP to its national crypto stockpile.

King said the US had effectively sidelined Bitcoin by choosing XRP for its strategic reserve, and that XRP’s market cap would surpass Bitcoin’s with certainty. No timeline was given.

Riley Also Weighs In On The Israel-Iran War Beyond crypto, Riley’s post touched on the military conflict between Israel and Iran that broke out on February 28. The US and Israel launched coordinated strikes against Iranian leadership, nuclear infrastructure, and proxy forces.

Reports indicate Supreme Leader Ayatollah Ali Khamenei was killed on the first day of the campaign, along with other senior officials. Iran responded with more than 200 missiles and drones targeting Israeli territory and US military positions in the Gulf region.

At the outset, US President Donald Trump said the operation might run for about four to five weeks, with the possibility it could stretch longer.

Riley later rejected that estimate in a post, though he did not explain what led him to think the conflict would wrap up sooner.

Featured image from Vecteezy, chart from TradingView
2026-03-06 00:09 6d ago
2026-03-05 18:21 6d ago
Bitcoin Surges Past $73K as Crypto Stocks Rally Hard cryptonews
BTC
📊
No votes yet – Be the first to vote

Bitcoin jumped past $73,000 Wednesday. MicroStrategy (MSTR) shares rocketed 12.3% to $148.94 while Coinbase (COIN) soared 16.2% to $211.84, and Robinhood (HOOD) climbed 8.5% to $82.50 as traders rushed back into crypto positions after weeks of heavy shorting tied to Iran tensions.

The move caught many off guard since Bitcoin had been stuck in a downward spiral for most of February. Galaxy Digital (GLXY) shot up 15% to $23.78 while Marathon Digital (MARA) gained 6.76% to $9.24, pretty much following Bitcoin’s lead like they always do. Trading volumes spiked across major exchanges as institutional money poured back in. Binance saw futures activity jump, and the Chicago Mercantile Exchange hit record Bitcoin futures volumes on March 3. Short sellers who’d been betting against crypto got squeezed hard.

Bitcoin peaked at $73,800 intraday. Not bad.

MicroStrategy recently bought another 3,015 bitcoin for around $204 million, bringing total holdings to 720,737 BTC at an average price of $75,985. CEO Michael Saylor said the purchase fits their long-term strategy of using Bitcoin as a treasury asset. “We’re committed to accumulating Bitcoin regardless of short-term price moves,” he said March 3. The current price sits pretty close to their average cost, which probably feels good after months of being underwater.

Coinbase’s recent meeting with Trump might’ve helped spark the rally. Trump met with CEO Brian Armstrong before going after banks on Truth Social for blocking crypto legislation.

“Banks need to negotiate with the crypto industry instead of undermining innovation,” Trump posted.

The fight centers on whether crypto exchanges can offer rewards programs with yields on stablecoins. Banks worry these products will pull deposits away from traditional accounts, hurting their lending business. So far, nobody’s backing down.

The Senate legislation remains stalled because of the disagreement. Coinbase and other digital firms oppose any restrictions, saying they’d kill innovation. White House efforts to broker a deal haven’t worked yet. The banking lobby keeps pushing back hard. See also: Bitcoin Smashes ,000 Barrier as Crypto.

Meanwhile, institutional interest keeps growing. Grayscale Bitcoin Trust (GBTC) saw trading volume spike March 3 as big investors jumped in. Fidelity announced March 4 it’s expanding Bitcoin offerings for institutional clients, responding to increased demand. The firm wants to give clients better access to crypto markets while Bitcoin’s hot.

El Salvador bought another 500 Bitcoin March 1. President Nayib Bukele doubled down on the country’s Bitcoin strategy despite criticism from international financial institutions. “We’re not backing down,” he said. The purchase adds to El Salvador’s growing Bitcoin reserves.

Jack Dorsey talked up Bitcoin’s potential for financial inclusion at a conference March 2. The Block CEO thinks Bitcoin can help underserved communities access financial services. “Bitcoin represents real opportunity for people locked out of traditional banking,” he said. His company keeps pushing decentralized financial solutions.

But some analysts stay cautious. They point to Bitcoin’s wild price swings and warn investors to stay alert since crypto markets can flip fast. The Federal Reserve’s comments March 4 about potentially pausing rate hikes could boost Bitcoin further as investors hunt for alternatives to traditional assets.

The European Central Bank released a report March 3 showing more Europeans are buying crypto. Retail and institutional participation jumped across the eurozone, with Bitcoin staying the top digital currency. The ECB noted crypto’s growing integration into traditional financial systems. See also: Bitcoin Rockets Past ,800 as Bulls.

Grayscale said March 2 it’s considering converting its Bitcoin Trust into a spot ETF. The move could give investors direct Bitcoin exposure and reflects renewed momentum in crypto markets. If approved, the ETF would make Bitcoin investing easier for both institutions and regular investors.

Trading activity stayed elevated across major platforms Wednesday. Coinbase reported heavy volume as retail investors rushed back in. The exchange’s stock price reflects growing confidence in crypto’s comeback potential. HOOD also benefited from increased retail trading activity in crypto assets.

Bitcoin’s rally past $73,000 marks a significant turnaround from recent lows. The cryptocurrency hit a one-month high as geopolitical tensions that had weighed on prices seemed to ease. Traders who’d been short Bitcoin scrambled to cover positions, adding fuel to the rally. Market sentiment shifted quickly from bearish to bullish as institutional buying picked up steam.

The crypto rally extended beyond Bitcoin as Ethereum climbed 8.2% to $3,847 and Solana jumped 11.4% to $142.33. Smaller altcoins saw even bigger gains, with Cardano surging 14% and Polygon rising 18% as investors rotated into riskier digital assets. Options markets showed heavy call buying across major cryptocurrencies, suggesting traders expect the rally to continue.

BlackRock’s Bitcoin ETF (IBIT) pulled in $387 million in net inflows Wednesday, marking its largest single-day haul since launch. ARK Invest’s Bitcoin ETF also saw strong demand with $156 million in inflows. The combined ETF buying pressure helped drive Bitcoin above key resistance levels that had held for weeks. Institutional appetite appears far from satisfied despite the recent price surge.

Post Views: 11
2026-03-06 00:09 6d ago
2026-03-05 18:30 6d ago
Aave Labs Outlines Year-Long Security Blueprint for Aave V4 Lending Protocol cryptonews
AAVE
This week, Aave Labs unveiled a detailed security framework for Aave V4, describing nearly a year of audits, formal verification, and public testing designed to harden what is widely considered decentralized finance's largest lending protocol before it goes live.
2026-03-06 00:09 6d ago
2026-03-05 18:40 6d ago
Court Freezes BlockFills Assets Amid 70 BTC Dispute With Dominion Capital cryptonews
BTC
U.S. Federal Judge Mary Kay Vyskocil, of the Southern District of New York, has issued a temporary restraining order to freeze BlockFills assets following a lawsuit filed by Dominion Capital. According to judicial sources, the firm accuses the crypto lender of misappropriation and unlawful retention of funds after suspending withdrawals in February. The court order prohibits the platform from transferring or disposing of approximately 70.6 BTC—valued at over $6 million—while the legal proceedings move forward.

This conflict arises at a critical time for BlockFills, which is allegedly facing losses of around $75 million following the recent market downturn. Dominion Capital claims the company concealed these debts and commingled client funds to cover operational deficits. The court justified the urgency of the order by citing a risk of “immediate and irreparable harm,” noting that the entity’s insolvency could be imminent, which threatens the recovery of collateral deposited by institutional investors.

March 17 marks the deadline for the firm to formally respond before the temporary order expires. The financial community will be watching to see if the company manages to secure emergency funding or if the court decides to extend the restrictions through a preliminary injunction. This case represents a new blow to confidence in institutional lending services, highlighting the crucial importance of asset segregation in today’s crypto ecosystem.

Source:https://goo.su/EUS0J3

Disclaimer: Crypto Economy’s Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to provide quick information about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
2026-03-06 00:09 6d ago
2026-03-05 18:48 6d ago
Culper Research Shorts Ethereum, Claims Fusaka Upgrade Weakened ETH Tokenomics cryptonews
ETH
Short-selling firm Culper Research has taken a bearish stance on Ethereum (ETH), betting against both the cryptocurrency and companies heavily exposed to it, including Ethereum-focused treasury firm BitMine (BMNR). The firm argues that Ethereum’s economic model has weakened significantly following the network’s December 2025 upgrade known as Fusaka.

In a report released Thursday, Culper Research claimed the Fusaka upgrade dramatically increased available blockspace on the Ethereum network. While the upgrade improved transaction capacity, the firm says it also flooded the network with excess supply, causing transaction fees to drop sharply. Lower fees directly impact validator earnings, since staking rewards partly rely on those fees. According to the report, this decline has already pushed Ethereum staking yields lower.

Culper warns this trend could trigger a negative feedback loop for the Ethereum ecosystem. If validator yields continue to decline, fewer participants may be incentivized to stake ETH, potentially weakening network security over time. The firm estimates Ethereum transaction fees have fallen roughly 90% since the Fusaka upgrade, which it says has significantly damaged ETH tokenomics.

The report also highlighted recent on-chain activity involving Ethereum co-founder Vitalik Buterin. Data cited from blockchain analytics platform Lookonchain suggests Buterin sold nearly 20,000 ETH this year, valued at roughly $40 million at current market prices. Culper used this data to argue that even key figures within the Ethereum community may be reducing their exposure.

Culper Research also challenged bullish narratives surrounding Ethereum’s network growth. Tom Lee, chairman of BitMine, has previously pointed to rising transaction counts and active addresses as indicators of stronger network fundamentals. However, Culper argues those metrics may be misleading.

According to the firm’s analysis, a large portion of the recent surge in Ethereum activity may stem from “address poisoning” attacks. In these scams, attackers send small transactions designed to trick users into copying malicious wallet addresses. Culper claims such activity artificially inflates transaction numbers and network usage metrics.

The report also criticized BitMine’s aggressive Ethereum treasury strategy. Since July, the company has accumulated roughly 4.4 million ETH. With Ethereum’s price declining from recent highs, Culper estimates the firm’s holdings are now about 45% underwater. Data from DropsTab suggests this represents approximately $7.4 billion in unrealized losses tied to the company’s ETH reserves.

BitMine had not responded to requests for comment at the time of publication.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-03-06 00:09 6d ago
2026-03-05 18:58 6d ago
Bitcoin Tops $70K Amid U.S.-Iran Tensions as Peter Schiff Warns of Wartime “Head Fake” cryptonews
BTC
Bitcoin surged past $70,000 this week as global markets reacted to rising geopolitical tensions linked to the escalating conflict between the United States and Iran. Despite the rally, long-time Bitcoin critic Peter Schiff renewed his warning that the cryptocurrency’s surge could mislead investors during a period of wartime volatility.

In a recent post on X, Schiff argued that Bitcoin trading above $71,000 may represent a temporary “head fake” rather than the start of a sustained bull run. He urged investors to reduce their Bitcoin exposure and instead allocate funds to traditional safe-haven assets such as gold and silver. According to Schiff, markets currently appear to be pricing in a short and manageable conflict, but he believes the situation could escalate or last longer than expected.

Schiff explained that a prolonged war scenario could put pressure on risk assets, including stocks, bonds, cryptocurrencies, and even the U.S. dollar. At the same time, he expects commodities such as oil and gold to surge if geopolitical instability intensifies. Oil prices have already climbed as the conflict threatens key global energy routes.

Interestingly, the latest market movements have challenged the traditional safe-haven narrative. While gold typically attracts investors during geopolitical crises, the metal has declined recently, while Bitcoin has continued to rise. This unusual divergence has fueled debate among analysts about whether Bitcoin is beginning to act as a modern alternative safe-haven asset.

Other prominent market figures have also weighed in. Billionaire hedge fund manager Ray Dalio questioned comparisons between Bitcoin and gold, noting that Bitcoin lacks central bank backing and offers limited privacy advantages. Dalio also warned that emerging technologies like quantum computing could eventually pose risks to Bitcoin’s security infrastructure.

Meanwhile, Bloomberg ETF analyst Eric Balchunas advised investors not to draw long-term conclusions from short-term market behavior. He pointed out that Bitcoin gained around 12% following Iranian attacks, while gold prices moved lower during the same timeframe. According to Balchunas, shifting market sentiment and trading activity may explain the unusual performance.

On-chain data from CryptoQuant suggests Bitcoin’s recent rally may be a relief bounce following reduced selling pressure in spot markets. Demand contraction has narrowed significantly in 2026, improving from negative 136,000 BTC earlier in the year to roughly negative 25,000 BTC recently.

CryptoQuant also reported that the Coinbase Premium indicator has turned positive, signaling stronger buying activity from U.S. investors. At the same time, selling from traders and long-term holders has slowed considerably. The firm noted that unrealized trader losses have reached levels last seen in July 2022, a condition that historically reduces selling pressure and supports short-term price rebounds.

Long-term holder distribution has also cooled sharply. The 30-day selling pace dropped from about 904,000 BTC in November to roughly 276,000 BTC recently, marking the lowest level since June 2025.

Despite the recent rebound, CryptoQuant still views overall market conditions as bearish. Its Bull Score Index remains low at just 10 out of 100. If Bitcoin continues to climb, analysts identify two major resistance levels ahead, with the first near $79,000 and a stronger barrier around $90,000.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2026-03-06 00:09 6d ago
2026-03-05 19:00 6d ago
Humanity Protocol jumps 11% – Will lurking bears take away H's gains? cryptonews
H
Journalist

Posted: March 6, 2026

Humanity Protocol [H] has recorded a notable rally, with the asset gaining 11% over the past day. The surge appears to result from combined activity across both spot and derivatives markets.

Data shows that Spot investors contributed 16.4% of the total trading volume, while perpetual traders accounted for the larger share at 83.6%, bringing total volume to $65.26 million.

However, despite the rising momentum and the combined participation of these two groups, the risk of a market pullback remains. Emerging indicators suggest that underlying threats could still pressure the rally.

Spot selling hits a low The likelihood of a sustained rebound has strengthened as selling pressure on H has gradually declined over the past month.

According to market data, total sell-offs in the past day dropped to roughly $93,000, a level last seen on the 3rd of February.

A decline of this scale often indicates that investors are cooling off from aggressive selling. It may also suggest that market participants are gradually turning bullish, as buyers could begin to outweigh sellers in the market.

In the perpetual Futures market, indicators point to a similar possibility of bullish sentiment at the time of writing.

Source: CoinGlass

Perpetual market data shows that $71.34 million worth of open contracts are largely dominated by long traders. At the same time, the Funding Rate was 0.0141% across the past day.

A positive Funding Rate typically supports a bullish outlook, as it indicates that long traders are willing to pay a premium to maintain their positions, reinforcing the possibility of continued upward price movement.

Warning signs emerge Despite the rally, several indicators suggest that the upward move may not be sustained. At the time of writing, liquidation data reveals a near balance between long and short positions liquidated over the past day.

Data from CoinGlass shows that long liquidations totaled about $28,900, while short liquidations reached roughly $29,110 during the same period.

Source: CoinGlass

When liquidation levels approach a near 1:1 ratio, it often reflects uncertainty in the market. Such balance suggests that neither bulls nor bears currently hold clear dominance.

Until a clear imbalance emerges, the market lacks a strong directional narrative. This places H in a critical position where price could either extend its rally or reverse into a downturn.

Downside risk remains elevated The liquidation heatmap also highlights an imbalance in the distribution of liquidity clusters across the chart.

Clusters represent areas where large concentrations of liquidation orders remain unfilled. These zones often act as price magnets, pulling price toward them once the market begins moving in that direction.

Currently, the heatmap indicates a greater concentration of liquidation clusters below the current price level.

This gives short traders a slight structural advantage, as these clusters could attract price downward if momentum weakens.

Source: CoinGlass

For now, market sentiment suggests that although H continues to rally, traders should approach the market with caution, as the broader sentiment remains highly dynamic and susceptible to rapid shifts.

Final Summary H records a notable rally as both spot and derivatives trading drive market activity. Liquidation balance points to a heightened risk of volatility that could push the market in either direction.
2026-03-06 00:09 6d ago
2026-03-05 19:00 6d ago
Analyst Predicts 1,500% XRP Price Increase To $15 If This Is A Wave 2 cryptonews
XRP
A crypto analyst’s Elliott Wave chart suggests XRP could be on the verge of one of its most explosive moves yet, but the real fireworks depend on where exactly we are in the cycle.

In a post on X, crypto analyst HovWaves said his macro primary expectation is still the same, adding that he has been looking for a $15-$20 price target for XRP and that the destination does not change even if the current structure turns out to be a different corrective leg than first assumed.

The $15-$20 Target That Hasn’t Changed XRP’s price action since the start of the year has hardly resembled that of an asset preparing for an explosive move into double-digit territory. Even so, the lack of strong upward price momentum has not discouraged many bullish proponents from maintaining extremely optimistic projections based on technical and fundamental analyses.

One such analyst is HovWaves, who has been consistent in his projections. In a recent post on X, the analyst wrote: “Macro primary expectation remains the same for XRP. Been looking for that 15-20 macro target.”

Source: Chart from HovWaves on X The basis of HovWaves’ prediction is that the Elliott Wave label on the XRP price chart can change, but the larger price objective of double digits stays on the table. He looked at the current XRP structure as a choice between a smaller-degree pullback and a deeper corrective phase, stating that the price action could either be a 4th on the immediate degree or a deeper Wave 2.

That matters because Wave 2 and Wave 4 corrections can look similar in real time, but they usually imply different upsides once the correction ends. HovWaves also added a key condition: if the market is actually carving a Wave 2, then the final target will likely be much higher. This is interesting because it means that the $15 to $20 bracket could be a waypoint if the bigger impulse thesis plays out.

Bi-Weekly Elliott Wave Count Points To Final Impulse The chart features an Elliott Wave count stretching all the way back to 2013. In it, HovWaves shows a completed five-wave impulse structure from XRP’s earliest days through its 2018 peak at $3.4, followed by a lengthy corrective phase. This was a sprawling ABC correction that bottomed out in 2020 before a new impulse began taking shape. 

The wave structure currently in focus is a five-wave advance from that 2020 low. Waves 1 and 2 look complete, and Wave 3 culminated in the July 2025 all-time high at $3.65. According to the chart, XRP is now working through a Wave 4 consolidation with a downtrend and intermediate choppy phases before what would be the final fifth wave launch to a peak between $15 and $20.

At the time of writing, XRP is trading at $1.43, and traders are anticipating a break above $1.50.

XRP trading at $1.42 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
2026-03-05 23:08 6d ago
2026-03-05 17:45 6d ago
VRNS DEADLINE NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Varonis Systems, Inc. Investors to Secure Counsel Before Important March 9 Deadline in Securities Class Action - VRNS stocknewsapi
VRNS
New York, New York--(Newsfile Corp. - March 5, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Varonis Systems, Inc. (NASDAQ: VRNS) between February 4, 2025 and October 28, 2025, both dates inclusive (the "Class Period"), of the important March 9, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Varonis common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Varonis class action, go to https://rosenlegal.com/submit-form/?case_id=50337 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 9, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and/or misleading statements and or failed to disclose that: (1) Varonis would not be able to maintain ARR projections while converting both its federal and non-federal existing on-prem customers to the software-as-a-service ("SaaS") alternative offering; (2) Varonis was not equipped to convince existing users of the benefits of converting to the SaaS offering or otherwise maintain these customers on its platform, resulting in significantly reduced ARR growth potential in the near-term; and (3) as a result of the foregoing, defendants' positive statements about Varonis' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Varonis class action, go to https://rosenlegal.com/submit-form/?case_id=50337 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286432

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-03-05 23:08 6d ago
2026-03-05 17:45 6d ago
Power Integrations Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) stocknewsapi
POWI
SAN JOSÉ, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) today announced that on March 2, 2026, it granted a total of 21,595 restricted stock units (RSUs) and 2,786 performance stock units (PSUs) to several new employees who began their employment with Power Integrations in February 2026. Pursuant to the related offer letter, such PSUs shall be prorated based on hire date. The grants were issued pursuant to Power Integrations' Amended and Restated 2025 Inducement Award Plan. The RSU.
2026-03-05 23:08 6d ago
2026-03-05 17:45 6d ago
The world's biggest sovereign gold buyer might start selling to double defense budget stocknewsapi
AAAU BAR DBP DGL GLD GLDM IAU OUNZ SGOL UGL
Kitco News

The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.
2026-03-05 23:08 6d ago
2026-03-05 17:45 6d ago
Admiral Group plc (AMIGY) Q4 2025 Earnings Call Transcript stocknewsapi
AMIGY
Admiral Group plc (AMIGY) Q4 2025 Earnings Call March 5, 2026 5:00 AM EST

Company Participants

Milena Mondini - Group CEO & Executive Director
Geraint Jones - CFO & Executive Director
Alistair Hargreaves - Chief Executive Officer of UK Insurance Business
Costantino Moretti - Head of International Insurance

Conference Call Participants

Darius Satkauskas - Keefe, Bruyette, & Woods, Inc., Research Division
Ivan Bokhmat - Barclays Bank PLC, Research Division
Benjamin Cohen - RBC Capital Markets, Research Division
William Hardcastle - UBS Investment Bank, Research Division
Thomas Bateman - Mediobanca - Banca di credito finanziario S.p.A., Research Division
Carl Lofthagen - Joh. Berenberg, Gossler & Co. KG, Research Division
Derald Goh - Jefferies LLC, Research Division
Andreas de Groot van Embden - Peel Hunt LLP, Research Division
Vash Gosalia - Goldman Sachs Group, Inc., Research Division
Shanti Kang - BofA Securities, Research Division

Presentation

Milena Mondini
Group CEO & Executive Director

Good morning, everyone, and welcome, and thank you for joining us as we review Admiral 2025 year-end results. Today, we'll be announcing another remarkable year of financial results and strategic progress. So I will start with the key highlights before handing over to Geraint on the financials and to Alistair on U.K. Insurance and Costi on Europe. I will then come back to reflect on what we have achieved over the last 5 years and finally explain how the evolution of our strategy position us to create even more value in the years ahead.

So let's start with the main achievement for 2025. We delivered a record profit of GBP 958 million. This was up 16% year-on-year, reflecting disciplined execution and growth across the group.

2025 also marked exciting progress across data, technology and AI and the evolution of our motor proposition, including the acquisition of Flock subject to regulatory approval. Today, we'll also outline the evolution of our group strategy. This strategy builds on a
2026-03-05 23:08 6d ago
2026-03-05 17:45 6d ago
Merck KGaA (MKKGY) Q4 2025 Earnings Call Transcript stocknewsapi
MKGAF MKKGY
Merck KGaA (MKKGY) Q4 2025 Earnings Call March 5, 2026 8:00 AM EST

Company Participants

Florian Schraeder - Head of Investor Relations
Belén Garijo López - Chair of Executive Board & CEO
Helene von Roeder - CFO & Member of Executive Board
Kai Beckmann - Deputy CEO of Electronics & Member of the Executive Board
Benjamin Hein - Head of Life Science
Jean Wirth - Member of the Executive Board & CEO Life Science
Danny Bar-Zohar - Member of the Executive Board & CEO of Healthcare

Conference Call Participants

Richard Vosser - JPMorgan Chase & Co, Research Division
Peter Verdult - BNP Paribas, Research Division
Matthew Weston - UBS Investment Bank, Research Division
Sachin Jain - BofA Securities, Research Division
Theodora Beadle - Goldman Sachs Group, Inc., Research Division
Oliver Metzger - ODDO BHF Corporate & Markets, Research Division
Charles Pitman - Barclays Bank PLC, Research Division
Falko Friedrichs - Deutsche Bank AG, Research Division
Simon Baker - Rothschild & Co Redburn, Research Division

Presentation

Operator

Dear ladies and gentlemen, welcome to the Merck Investor and Analyst Conference Call on Fourth Quarter and Full Year 2025. [Operator Instructions] I'm now handing over to Florian Schraeder, Head of Investor Relations, who will lead you through this conference. Please go ahead, sir.

Florian Schraeder
Head of Investor Relations

Thank you very much, Sarah, and a sincere welcome to everyone joining us for the Q4 and full year '25 earnings call. My name is Florian Schraeder, and I'm the Head of Investor Relations at Merck. I am delighted to be joined by Belen Garijo, Group CEO; Helene von Roeder, Group CFO; as well as Kai Beckmann, Deputy Chairman of the Executive Board. For the Q&A part of the call, we will be further joined by Jean-Charles Wirth, CEO of Life Science; and Danny Bar-Zohar, CEO of Healthcare.

As you have surely noticed, we recently announced upcoming
2026-03-05 23:08 6d ago
2026-03-05 17:45 6d ago
REGENXBIO Inc. (RGNX) Q4 2025 Earnings Call Transcript stocknewsapi
RGNX
Q4: 2026-03-05 Earnings SummaryEPS of -$1.30 misses by $0.46

 |

Revenue of

$30.34M

(43.00% Y/Y)

misses by $15.14M

REGENXBIO Inc. (RGNX) Q4 2025 Earnings Call March 5, 2026 8:00 AM EST

Company Participants

Patrick Christmas - Executive VP & Chief Strategy and Legal Officer
Curran Simpson - President, CEO & Director
Steve Pakola - Executive VP & Chief Medical Officer
Mitchell Chan - Executive VP & CFO

Conference Call Participants

Mani Foroohar - Leerink Partners LLC, Research Division
Judah Frommer - Morgan Stanley, Research Division
Annabel Samimy - Stifel, Nicolaus & Company, Incorporated, Research Division
Alec Stranahan - BofA Securities, Research Division
Kyuwon Choi - Goldman Sachs Group, Inc., Research Division
Luca Issi - RBC Capital Markets, Research Division
Brian Skorney - Robert W. Baird & Co. Incorporated, Research Division
Daniil Gataulin - Chardan Capital Markets, LLC, Research Division
William Maughan - Clear Street LLC., Research Division
Sean McCutcheon - Raymond James & Associates, Inc., Research Division
Eduardo Martinez-Montes - H.C. Wainwright & Co, LLC, Research Division

Presentation

Operator

Thank you for standing by, and welcome to REGENXBIO's Fourth Quarter and Year-end 2025 Earnings Conference Call. [Operator Instructions]

I would now like to hand the call over to Patrick Christmas, Chief Legal Officer of REGENXBIO. Please go ahead.

Patrick Christmas
Executive VP & Chief Strategy and Legal Officer

Good morning, and thank you for joining us today. Earlier this morning, REGENXBIO released financial and operating results for the fourth quarter and year ending December 31, 2025, The press release is available on our website at www.regenxbio.com. Today's conference call will include forward-looking statements regarding our financial outlook in addition to regulatory and product development plans.

These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ from those forecasted and can be identified by words such as expect, plan, will, may, anticipate, believe, should, intend and other words of similar meaning. Any such forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties.
2026-03-05 23:08 6d ago
2026-03-05 17:47 6d ago
ROSEN, NATIONAL TRIAL COUNSEL, Encourages GSI Technology Inc. Investors to Inquire About Securities Class Action Investigation - GSIT stocknewsapi
GSIT
New York, New York--(Newsfile Corp. - March 5, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of GSI Technology Inc. (NASDAQ: GSIT) resulting from allegations that GSI Technology may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased GSI Technology securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=52527 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On February 3, 2026, a post was issued on Stockwits in which it stated that "GSI is almost certainly hiding that their chip did not run Gemma-3 at all, only the pre-generation RAG phase. APU lack the MAC units required for matrix multiplication, which is critical for AI workloads."

On this news, GSI Technology's stock price fell $1.08 per share, or 14.2%, to close at $6.52 per share on February 4, 2026.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286419

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-03-05 23:08 6d ago
2026-03-05 17:48 6d ago
Amazon Is Down for Thousands, It's Not Just You stocknewsapi
AMZN
Amazon/Screenshot by CNETIt's not just you. If you tried to indulge in some retail therapy on Thursday, you may have had trouble accessing Amazon, the mega shopping site. 

According to DownDetector, which is owned by CNET parent company Ziff Davis, checkout issues were the most-reported problem with 38% of reports, followed by mobile app reports at 18%. Product page errors resulted in 13% of reports.

The total number of reports to DownDetector as of Thursday 1:30 pm PT is 159,997.

DownDetector reports that no specific connectivity provider stood out from the report data, pointing to the disruption not being limited to any particular network.

A representative for Amazon did not immediately respond to a request for comment. But the Amazon Help account on X posted a message about the outage.

"We're sorry that some customers may be experiencing issues," the message read. "We appreciate your patience as we work to resolve the issue."

Ziff Davis announced this week that it is selling DownDetector and its other Connectivity brands to Accenture, but the deal has not yet closed.

Live

23 minutes ago

The dogs of Amazon By Jon Skillings

Amazon/Screenshot by CNETPerhaps to take the sting out of your not being able to make that impulse buy, Amazon's error message tugs on your heartstrings with a photo of a cuddly pup -- or two. I've been checking out the status of the Amazon outage off and on for an hour or so, and so far I've seen a half dozen different dogs. Bowser. Milly. Corbin. The list goes on. This photo of Barkley and Emma is the first to give us a back end view, but it's still so.... awwwwww. The error message also invites you to "Meet the dogs of Amazon" and, well, apparently there are a lot. Like, more than 10,000 furballs who, the company proclaims, "help make Amazon a great place to work." 

Live

45 minutes ago

AWS functioning normally, Amazon says By Gael Cooper

When asked about the outage, an Amazon representative pointed me to this statement, similar to one shared on the company's X account. 

"We're sorry that some customers may be experiencing issues while shopping," the statement says. "We appreciate customers' patience as we work to resolve the issue."

According to Amazon, Amazon Web Services is functioning normally. AWS provides the foundational cloud infrastructure that enables the retail behemoth to operate, scale and deliver its e-commerce services globally. When it goes down, it's often huge news, as in an October outage that affected thousands of other companies, including Roblox, Reddit and Venmo.

The spokesperson did not give a cause for this outage.

Live

1 hour ago

Amazon mobile app not working for purchases By Corinne Reichert

Amazon/Screenshot by CNETThe Amazon mobile app is also not currently working for purchases. When I attempted to buy a product, no prices were shown, but it allowed me to add it to my cart. I could see the price once I navigated to my cart, but when I pressed "proceed to checkout," I was met with the same error message as the desktop site.

"Sorry," it reads. "Something went wrong on our end."
2026-03-05 23:08 6d ago
2026-03-05 17:49 6d ago
Target Challenges Retail Rivals With 300-Store Growth Plan stocknewsapi
TGT
Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March 3) by CEO Michael Fiddelke.

The retailer also plans to remodel more than 130 stores this year, it said in a Thursday (March 5) press release.

The upcoming store openings and remodels are supported by Target’s $5 billion capital investment plan for 2026, according to the release.

We’d love to be your preferred source for news.

Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

“Guests tell us all the time they want a Target closer to home, and this investment helps us do exactly that,” Target Chief Stores Officer Adrienne Costanzo said in the release. “That means even more neighborhoods will get the full Target experience: trend-forward style and value, technology that makes the trip effortless and awesome teams who deliver easy, inspiring and friendly moments every single day.”

The openings will include Target’s 2,000th store, according to the release. Located in Fuquay-Varina, North Carolina, the store will feature 148,000 square feet; a “food-forward” design with a food and beverage department 30% larger than the chain average; 24 pickup lanes for Drive Up service; same-day and next-day delivery options; and a CVS Pharmacy, Starbucks Cafe and Disney Shop at Target, per the release.

Target said in a Tuesday press release that it aims to increase its capital investment plans by more than $1 billion in 2026, for a total of $5 billion, to support new stores, ongoing remodels, technology and supply chain enhancements.

Advertisement: Scroll to Continue

“This new chapter of growth at Target is defined by clear choices and rooted in a deeper understanding of our unique lane in retail, the guests we serve and the areas where we’re distinctly positioned to win,” Fiddelke said in the release.

During a Tuesday earnings call, Target reported that it plans to reinvest more than $2 billion in 2026, including the $1 billion in incremental capital expenditures and $1 billion back into the P&L.

Target Chief Financial Officer Jim Lee said during the call: “We’re planning to grow net sales in a range around 2% versus last year,” adding that operating margin is expected to run about 20 basis points higher than 2025’s adjusted rate.
2026-03-05 23:08 6d ago
2026-03-05 17:50 6d ago
Cathedra Bitcoin and Sphere3D Announce Business Combination stocknewsapi
ANY CBTTF
Combined Company Expected to Retain Sphere3D's Name and US Listing (NASDAQ: ANY)

Toronto, Ontario and Stamford, Connecticut--(Newsfile Corp. - March 5, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra"), a company that builds, develops and operates power infrastructure facilities for use in high density computing, and Sphere 3D Corp. (NASDAQ: ANY) ("Sphere" and together with Cathedra, the "Parties"), a bitcoin mining company, are pleased to announce that they have entered into a definitive agreement to combine in an all-stock transaction, which is expected to create a next-generation high density computing power infrastructure company focused on high-performance compute, digital assets, energy optimization, and development of power and infrastructure. The combined company (the "Combined Company") will bring together Sphere's established capital markets access including its Nasdaq listing, strong balance sheet, liquidity, and efficient fleet of miners with Cathedra's robust energy portfolio, proven infrastructure development expertise, bitcoin mining operations, energy-first site selection strategy, and disciplined capital allocation. The strategic combination is expected to enable near-term vertical integration, positioning the Combined Company to accelerate scalable, high-efficiency deployment across North America by leveraging a focus on low-cost power, operational efficiency, and long-term shareholder value creation. Under the terms of the definitive arrangement agreement, entered into on March 5, 2026 (the "Agreement"), Sphere has agreed to acquire all of the issued and outstanding shares of Cathedra (the "Transaction"), subject to customary closing conditions, including regulatory, court, and shareholder approvals, such that upon consummation of the Transaction, Cathedra will be a wholly-owned subsidiary of Sphere.

Upon completion of the Transaction, Cathedra security holders will receive common shares of Sphere (the "Sphere Common Shares") and/or securities exercisable or convertible into Sphere Common Shares totaling approximately 49% of all of the issued and outstanding share capital of Sphere immediately following closing on a partially diluted basis. The Combined Company is expected to retain Sphere's name and listing on NASDAQ under the symbol "ANY".

"We are thrilled to unite Cathedra with Sphere in this transformative transaction," remarked Joel Block, CEO of Cathedra and expected CEO of the Combined Company. "The Sphere team has navigated a challenging period in bitcoin mining with exceptional discipline, emerging with a strong balance sheet and a highly efficient fleet of mining machines. By combining our existing data center portfolio, development capabilities, and operational expertise with Sphere's established public market access and asset base, I believe we are creating a vertically integrated powerhouse. When I joined Cathedra, our priorities were clear: reduce debt, build more data facilities, and improve access to the public markets. This business combination addresses these objectives and allows management to focus on building a category defining company in this new space of high-density computing infrastructure in the United States. We expect that this business combination will deliver immediate scale, enhance operational efficiency, improve profitability, while accelerating our growth strategy. With an ambitious and now significantly accelerated roadmap, we plan to rapidly expand power capacity, execute disciplined development across diversified, low-cost energy sites, optimize operations, and pursue high performance computing opportunities alongside bitcoin mining. With greater scale, liquidity, and vertical integration, we believe we will be positioned to capture significant upside in the evolving digital infrastructure landscape."

"This Transaction represents an important milestone for Sphere," said Kurt Kalbfleisch, Chief Executive Officer of Sphere. "Combining our platform and strong balance sheet with Cathedra's energy assets and disciplined, energy-first operating model, we can create a uniquely powerful, vertically integrated platform. On completion of the Transaction, we expect to be exceptionally well-positioned to scale, drive operational efficiencies, seize high performance compute opportunities, and deliver compelling long-term value."

Expected Strategic Benefits:

Improved scale and expanded US operating footprint: The Combined Company expects to initially own and operate a portfolio of 53 megawatts ("MW") of power capacity across five data centers in Iowa, Kentucky, and Tennessee.

Platform Expansion into High-Performance Compute: With growing demand for compute-intensive workloads, the Combined Company intends to evaluate selective expansion into adjacent high-performance compute and AI infrastructure opportunities, leveraging existing power relationships and site capabilities with the goal of maximizing the value of its electrons. This expanded operating scale expects to improve profitability, spreading fixed overhead costs over a larger revenue and asset base.

Diversified revenue streams across proprietary mining and hosting services: The integration of Sphere's mining machine fleet with Cathedra's data center operations would diversify the Combined Company's revenue streams across proprietary mining and hosting services, offering exposure to high-upside, volatile mining economics with expected downside protection via fixed-margin hosting contracts with third parties.

Strong growth prospects through scalable development model and access to capital: With Cathedra's low-cost development model and infrastructure-first approach, coupled with Sphere's capital markets expertise and access to liquidity, the Combined Company expects to capitalize on a robust pipeline of over 100 MW of potential expansion opportunities to further expand its portfolio of infrastructure assets. In the past six months, Cathedra's new leadership team has successfully increased its power capacity by 50% online and developed a robust pipeline.

Experienced leadership team with strategic vision: Cathedra CEO Joel Block will assume the role of CEO of the Combined Company and join the board of directors. Joel brings extensive experience in both private and public capital markets and operating in the data center and bitcoin mining arena. Sphere CEO and CFO Kurt Kalbfleisch will resign as CEO and remain in his current role as CFO and join the board of directors of the Combined Company, contributing over two decades of executive leadership experience at multiple NASDAQ-listed companies. Other key members from Sphere and Cathedra are expected to remain in key roles as the Combined Company looks to execute on a robust growth and development plan.

Upon completion of the Transaction, the Combined Company's bitcoin mining operations and balance sheet are expected to include:

Managed power capacity of 53 MW at five data centers across three U.S. states, including data centers owned by the Combined Company and those leased from and/or operated by third parties; and

1.2 EH/s of installed proprietary mining hash rate across data centers owned by the Combined Company and third-party hosting providers.

Board and Management

Upon closing of the Transaction and subject to applicable approvals, the Combined Company's board of directors and management team is expected to consist of the following individuals:

Board of DirectorsManagement TeamTim Hanley, ChairMarcus Dent Kurt KalbfleischNicholas GatesJoel BlockJoel Block, Chief Executive OfficerKurt Kalbfleisch, Chief Financial OfficerTiah Reppas, Chief Accounting OfficerThe Combined Company will be led by a seasoned management team and supported by a strong board of directors with deep expertise in bitcoin mining, digital infrastructure, energy optimization, and capital markets. Joel Block, the current CEO of Cathedra, brings more than 20 years of executive experience in operations, sales, capital markets, and finance. Kurt Kalbfleisch, the current CEO and CFO of Sphere, has guided the company through industry volatility since 2014, first as CFO and then as CEO. The board will feature experienced independent directors: Tim Hanley, a Sphere director and veteran business executive with deep accounting expertise; Marcus Dent, a current Cathedra director and thought leader in the bitcoin industry, and Nicholas Gates, Managing Director at Priority Power Management, an Arlington, Texas-based leader in energy management, procurement, and infrastructure development. Together, Mr. Dent, Mr. Hanley, and Mr. Gates will serve as independent directors, focused on robust governance, diverse strategic perspectives, and focused execution.

Additional Transaction Details

Pursuant to the terms of the Agreement, Cathedra will amalgamate with S3D Acquisition Corp., a wholly owned subsidiary of Sphere formed to complete the Transaction. Holders of Cathedra subordinate voting shares ("Cathedra SV Shares") will receive 0.123014 of a Sphere Common Share for each Cathedra SV Share held and holders of Cathedra multiple voting shares ("Cathedra MV Shares") will receive 12.3014 Sphere Common Shares for each Cathedra MV Share held, which provide economically equivalent consideration for both classes of shares. Cathedra's outstanding warrants, stock options and certain restricted share units will be exchanged for corresponding Sphere securities in accordance with the applicable exchange ratio. The remaining restricted share units will fully vest immediately prior to closing, and the holders thereof will receive Sphere Common Shares in accordance with the applicable exchange ratio. In addition, certain key Cathedra shareholders will be subject to a 7% post-closing ownership cap, with any consideration that would otherwise exceed such cap to be received in a new series of Sphere non-voting preferred shares having equivalent economic value.

The Transaction will be completed by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia) and will require the following approvals: (i) the approval of the British Columbia Supreme Court (the "Court"), (ii) the approval by 66⅔% of the votes cast by holders of Cathedra SV Shares and Cathedra MV Shares, voting as a single class, at a meeting of Cathedra's securityholders (the "Cathedra Meeting"), (iii) the approval by 66⅔% of the votes cast by holders of Cathedra SV Shares, Cathedra MV Shares, Cathedra warrants, Cathedra stock options and Cathedra restricted share units, voting as a single class, at the Meeting, and (iv) the approval of a simple majority of the votes cast by Sphere shareholders at a meeting of Sphere shareholders (the "Sphere Meeting", and together with the Cathedra Meeting, the "Meetings").

An information circular or proxy statement (each, a "Disclosure Document") detailing the terms and conditions of the Transaction will be mailed to the Cathedra shareholders and Sphere shareholders, respectively, in connection with their respective Meetings. All shareholders are urged to read the applicable Disclosure Document once available, as it will contain important additional information concerning the Transaction.

The Agreement includes standard deal protection provisions, including non-solicitation, right-to-match, and fiduciary out provisions, as well as certain representations, covenants and conditions that are customary for a transaction of this nature, along with a reciprocal termination fee payable in certain circumstances. The completion of the Transaction remains subject to customary conditions, including receipt of all necessary Court, shareholder and regulatory approvals.

None of the securities to be issued pursuant to the Transaction have been or will be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and securities issued in the Transaction are anticipated to be issued in reliance on the exemption from the registration requirements of the U.S. Securities Act provided by Section 3(a)(10) thereof and will be issued pursuant to similar exemptions from applicable state securities laws. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities.

Board Recommendations & Voting Support

Each of the board of directors of Cathedra and Sphere have unanimously approved the Transaction and each board of directors recommends that its respective shareholders vote in favor of the Transaction at the applicable Meeting.

Directors and officers of Cathedra beneficially owning an aggregate number of Cathedra SV Shares and Cathedra MV Shares which represent approximately 70% of the currently outstanding Cathedra SV Shares and Cathedra MV Shares combined (on a fully converted basis) have entered into customary support agreements with Sphere to vote their shares in favor of the Transaction at the Cathedra Meeting. Directors and officers of Sphere holding an aggregate number of Sphere Common Shares which represent approximately 3% of the currently outstanding Sphere Common Shares have entered into customary support agreements with Cathedra to vote their shares in favor of the Transaction at the Sphere Meeting.

Stock Exchange Listing and SEDAR+

If the Transaction is completed, the Cathedra SV Shares will be delisted from the TSXV and the OTCQB and the Sphere Shares are expected to continue trading on NASDAQ under the ticker "ANY". A copy of the Agreement will be available through Cathedra's and Sphere's filings with the applicable securities regulatory authorities on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov, respectively.

Advisors and Counsel

Dumoulin Black LLP is acting as Canadian legal counsel to Cathedra and Greenberg Traurig, LLP is acting as U.S. legal counsel to Cathedra. Evans & Evans, Inc. was the fairness opinion provider to Cathedra on this transaction.

Second Gate Advisory LLC is acting as strategic advisor to Sphere, Meretsky Law Firm is acting as Canadian legal counsel to Sphere and Pryor Cashman LLP is acting as U.S. legal counsel to Sphere. Rosenblatt Securities was the fairness opinion provider to Sphere 3D on this transaction.

Amendment to Employment Agreement

In connection with the Transaction, Cathedra and Joel Block have mutually agreed to amend Mr. Block's employment agreement to restructure his existing transaction bonus. The amended bonus of US$1.6 million will be subject to the achievement of certain performance milestones of the Combined Company designed to promote the long-term success of the Combined Company and align management incentives with shareholder value creation.

About Cathedra Bitcoin Inc.

Cathedra Bitcoin Inc. develops and operates digital infrastructure assets across North America. Cathedra hosts bitcoin mining clients across its portfolio of four data centers (45 megawatts total) in Tennessee and Kentucky. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF. For more information about Cathedra, visit cathedra.com.

About Sphere 3D Corp.

Sphere 3D Corp. (NASDAQ: ANY) is a Bitcoin miner, growing its digital asset mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with data center operators. Sphere 3D is dedicated to increasing shareholder value. For more information about Sphere 3D, please visit Sphere3D.com.

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

Forward-Looking Statements Disclaimer

This news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities laws that are based on expectations, estimates and projections as at the date of this news release. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the U.S. Securities Act, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. The information in this release about future plans and objectives of Cathedra and Sphere, are forward-looking information. Other forward-looking information includes, but is not limited to, information concerning: the intentions and future actions of senior management, the intentions, plans and future actions of the Cathedra and Sphere, as well as their ability to successfully mine digital currency; the timing and anticipated completion of the Transaction, and court and shareholder approvals for same; Cathedra's and Sphere's expectation to hold shareholder meetings to approve various items related to the Transaction; revenue and capacity projections of the Combined Company; the expected composition of the board of directors and management of the Combined Company; timing of regulatory approvals for the Transaction; the expected benefits from the Transaction; the combination of Cathedra's business and Sphere's business; the impact that the Transaction is expected to have on the business operations of the Combined Company including without limitation, the expected growth and capabilities of the Combined Company; the expected improved profitability and increased liquidity of the Combined Company, the expectation of synergies and efficiencies among the Combined Company, the construction and operation of expanded blockchain infrastructure as currently planned, the creation of long-term value for the shareholders of the Combined Company, the potential to accelerate growth; planned growth, vertical integration and expansion into high-performance compute and AI infrastructure; projected reductions in power costs; the anticipated assets, operations and balance sheet of the combined company following closing; expected operational, cost and procurement synergies; the delisting of Cathedra shares and continued NASDAQ listing of Sphere shares; the preparation, filing and mailing of disclosure documents in connection with the Transaction; and the regulatory environment of cryptocurrency in applicable jurisdictions. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "targets", "estimates", "believes", "contemplates", "predicts", "potential", "continue" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "should", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on reasonable assumptions and estimates of management of the parties at the time it was made, including, without limitation, assumptions that the parties will be able to obtain the requisite regulatory, court, shareholder and third party approvals and satisfy the other conditions to the consummation of the Transaction on the proposed schedule and terms and conditions set out in the Agreement; that the Agreement will not be terminated prior to the closing the Transaction; that the Transaction will be completed in accordance with the terms and conditions of the Agreement and within the timeframe expected; that no material adverse changes will occur in the businesses, operations or financial condition of either party prior to closing; that no unanticipated events will occur that will delay or prevent the completion of the Transaction; the ability of the Combined Company to successfully integrate the businesses and realize anticipated synergies, cost savings and operational efficiencies; the accuracy of projected power costs, energy availability and hosting arrangements; the continued availability of low-cost and reliable power; the performance and deployment of mining equipment and infrastructure; the availability of growth capital on acceptable terms; the ability to execute expansion plans on schedule and within budget; market conditions for bitcoin mining and high-performance computing infrastructure; the price of bitcoin and other digital assets; network difficulty and hash rate conditions; regulatory and tax stability in applicable jurisdictions; general economic, financial and capital markets conditions; and that the parties will have access to the financial and other resources required to carry out their business plans as currently anticipated. The parties have also assumed that no significant events occur outside of their normal courses of business.

Additionally, these forward-looking statements may be affected by risks and uncertainties in the business of Cathedra and Sphere and general market conditions. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Cathedra and Sphere's respective management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Cathedra and Sphere believe that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Combined Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: the ability to consummate the Transaction; the ability to obtain requisite regulatory, court, shareholder and third party approvals, the satisfaction of other conditions to the consummation of the Transaction on the proposed schedule, or at all and on the terms and conditions set out in the Agreement; the potential impact of the announcement or consummation of the Transaction on relationships, including with regulatory bodies, employees, customers and competitors; the anticipated timing of mailing Disclosure Documents regarding the Transaction; the risk that the either Sphere or Cathedra may terminate the Agreement and either Sphere or Cathedra is required to pay a termination fee to the other party; the ultimate timing, outcome and results of integrating the operations of Sphere and Cathedra; the ultimate timing, outcome and results of integrating the operations of Sphere and Cathedra; the effects of the business combination of Sphere and Cathedra, including the Combined Company's future financial condition, results of operations, strategy and plans; the ability of the Combined Company to realize anticipated synergies in the timeframe expected or at all; changes in capital markets and the ability of the Combined Company to finance operations in the manner expected; the risk of any litigation relating to the proposed Transaction; the risk of changes in governmental regulations or enforcement practices; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation and the costs associated with compliance; unanticipated costs; the risks and uncertainties associated with foreign markets; the diversion of management time on the Transaction; the volatility of bitcoin prices and other digital asset markets; changes in network difficulty, hash rate or mining economics; the availability, cost and reliability of power and energy infrastructure; the ability to secure additional power capacity or execute expansion projects on time and within budget; delays in delivery, installation or performance of mining equipment or other critical infrastructure; cybersecurity threats, technology failures or data center outages; counterparty risks relating to hosting clients, equipment suppliers or power providers; the availability and retention of key personnel; the ability to access debt or equity financing on acceptable terms; and risks related to competition in the bitcoin mining and high-performance computing industries. Additionally, the forward-looking statements contained herein may be affected by risks and uncertainties in the business of Cathedra and Sphere and general market conditions.

Additional factors that could cause results to differ materially from those described above can be found in Sphere's reports filed on Form 10-K, Form 10-Q and Form 8-K and in other filings made by Sphere with the SEC from time to time and available at www.sec.gov and available on Sphere's website at www.sphere3d.gcs-web.com under the "Financials" tab, and in Cathedra's management information circular dated October 30, 2025 available under the Cathedra's issuer profile on SEDAR+ at www.sedarplus.ca and in other documents Cathedra files on SEDAR+.

All forward-looking statements speak only as of the date they are made and are based on information available at that time. Neither Cathedra nor Sphere assumes any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by applicable securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Cathedra and Sphere have attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. Readers should not place undue reliance on forward-looking information.

FINANCIAL INFORMATION

This news release contains future-oriented financial information and financial outlook information (collectively, "FOFI") about prospective results of operations, future net revenue, share capital, cash flows, and components thereof, all of which are subject to the same assumptions, risk factors, limitations, and qualifications as set forth in the above paragraphs. FOFI contained in this news release was made as of the date of this news release and was provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that the forward-looking statements and FOFI contained in this document should not be used for purposes other than for which it is disclosed herein. The forward-looking statements and FOFI contained in this news release are expressly qualified by this cautionary statement. Certain information contained herein is based on, or derived from, information provided by independent third-party sources. Cathedra and Sphere believe that such information is accurate and that the sources from which it has been obtained are reliable. Cathedra and Sphere cannot guarantee the accuracy of such information, however, and have not independently verified the assumptions on which such information is based. Cathedra and Sphere do not assume any responsibility for the accuracy or completeness of such information. Cathedra and Sphere do not intend, and do not assume any obligation, to update the forward-looking statements or FOFI contained in this news release except as otherwise required by applicable law.

This press release contains certain non-GAAP and non-IFRS financial measures, which management believes may enable investors to better evaluate Cathedra's and Sphere's performance, liquidity and ability to generate cash flow. These measures do not have any standardized definition under U.S. GAAP or IFRS, and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with U.S. GAAP or IFRS, as applicable. Other companies may calculate these measures differently.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286434

Source: Cathedra Bitcoin Inc.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-03-05 23:08 6d ago
2026-03-05 17:50 6d ago
Insperity Celebrates 40 Years of Excellence stocknewsapi
NSP
HOUSTON--(BUSINESS WIRE)--Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions, is proud to announce its 40th anniversary today. As a founder of the professional services organization (PEO), Insperity has helped shape the evolution of HR from an administrative necessity to a strategic driver of business success and continues to innovate for the needs of small and midsize businesses. “Throughout our history, Insperity has navigated changing market.
2026-03-05 23:08 6d ago
2026-03-05 17:51 6d ago
Johnson & Johnson units to pay $65 million to settle Tracleer antitrust class action stocknewsapi
JNJ
A Johnson & Johnson banner is displayed on the front of the New York Stock Exchange (NYSE) in New York City, in New York City, U.S., December 5, 2023. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab

CompaniesWASHINGTON, March 5 (Reuters) - Two Johnson & Johnson (JNJ.N), opens new tab units have agreed to pay $65 million to settle a proposed antitrust class action by health plans and others claiming they were ​overcharged for the pulmonary hypertension drug Tracleer.

The preliminary settlement, opens new tab with Actelion Pharmaceuticals and ‌Janssen Research & Development was filed on Wednesday in the federal court in Maryland. The proposal requires approval from a judge.

Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here.

The plaintiffs, including the Government Employees Health Association and other entities that paid or ​provided reimbursement for their members' use of Tracleer, alleged in their lawsuit that ​the drugmakers delayed competition for a generic version of the medication.

Actelion ⁠made billions of dollars in profits from selling Tracleer, an oral treatment for pulmonary ​artery hypertension. Johnson & Johnson in 2017 completed its acquisition of Actelion. Janssen is also a ​part of Johnson & Johnson.

Johnson & Johnson did not immediately respond to a request for comment.

Sharon Robertson, a lead attorney for the plaintiffs, said the settlement will provide "meaningful relief" for the class of so-called third-party ​payors that purchased Tracleer and its generic version over the span of nearly a ​decade.

The defendants denied any wrongdoing in agreeing to settle the case, which was first filed in 2018.

The ‌lawsuit ⁠alleged the drugmakers impeded competitor access to samples of Tracleer, which they said “effectively blocked competitors from bringing a competing generic product to market for a period of time.”

The settlement covers Tracleer purchases in 31 states, the District of Columbia and Puerto Rico between December ​2015 and September 2024.

The ​plaintiffs said they ⁠plan to seek up to about 33% of the settlement fund for legal fees, or about $21 million.

The case is Government Employees Health ​Association v. Actelion Pharmaceuticals Ltd et al, U.S. District Court ​for the ⁠District of Maryland, No. 1:18-cv-03560-GLR.

For plaintiffs: Sharon Robertson of Cohen Milstein Sellers & Toll; and Thomas Sobol of Hagens Berman Sobol Shapiro

For defendants: William Cavanaugh Jr of Patterson Belknap Webb & Tyler; and ⁠Shari ​Ross Lahlou of Dechert

Read more:

Reporting by Mike Scarcella

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-05 23:08 6d ago
2026-03-05 17:56 6d ago
Medical Properties Trust: 2 Reasons Not To Follow The Short Sellers stocknewsapi
MPT
10.7K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-05 23:08 6d ago
2026-03-05 17:57 6d ago
Calidi Biotherapeutics Announces Proposed Public Offering stocknewsapi
CLDI
SAN DIEGO, March 05, 2026 (GLOBE NEWSWIRE) -- Calidi Biotherapeutics, Inc. (NYSE AMERICAN: CLDI) (“Calidi” or the “Company”), a biotechnology company pioneering the development of targeted genetic medicines, today announced that it intends to offer and sell, subject to market and other conditions, units consisting of shares of its common stock and, in lieu of common stock to certain investors that so choose, pre-funded warrants to purchase shares of its common stock, in an underwritten public offering. Each share of common stock or pre-funded warrant will be sold with accompanying common warrants to purchase shares of common stock (or a pre-funded warrant in lieu thereof). The shares of common stock, pre-funded warrants and/or common warrants comprising the units will be separated immediately upon issuance. The purchase price of each pre-funded warrant will equal the price per share at which shares of common stock are being sold to the public in the offering, minus $0.001, the per share exercise price of each pre-funded warrant. In addition, the Company expects to grant the underwriters a 45-day option to purchase up to an additional 15% of the number of shares of common stock and/or common warrants to purchase shares of its common stock offered in the public offering at the public offering price, less the underwriting discounts and commissions. All of the shares of common stock, pre-funded warrants and common warrants are being offered by the Company.

The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Ladenburg Thalmann & Co. Inc. is acting as sole book-running manager for the offering.

Calidi intends to use the net proceeds from the offering for working capital and for general corporate purposes.

The securities described are being offered pursuant to a shelf registration statement on Form S-3 (File No. 333-284229), which was declared effective by the United States Securities and Exchange Commission (“SEC”) on February 7, 2025. The offering will be made only by means of a written prospectus. A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering has been or will be filed with the SEC on its website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering may also be obtained by contacting Ladenburg Thalmann & Co. Inc., Prospectus Department, 640 Fifth Avenue, 4th Floor, New York, New York 10019 or by email at [email protected]. Before investing in this offering, interested parties should read in their entirety the preliminary prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such preliminary prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described therein, nor shall there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About Calidi 

Calidi Biotherapeutics (NYSE American: CLDI) is a biotechnology company pioneering the development of targeted therapies with the potential to deliver genetic medicines to distal sites of disease. The company’s proprietary Redtail platform features an engineered enveloped oncolytic virus designed for systemic delivery and targeting of metastatic sites. This advanced enveloped technology is intended to shield the virus from immune clearance, allowing virotherapy to effectively reach tumor sites, induce tumor lysis, and deliver potent genetic medicine(s) to metastatic locations.

CLD-401, the lead candidate from the Redtail platform, currently in IND-enabling studies, targets non-small cell lung cancer, head and neck cancer, and other tumor types with high unmet medical need. Calidi continues to advance its pipeline utilizing the Redtail platform including its novel approach to incorporate BiTEs in solid tumors.

Calidi Biotherapeutics is headquartered in San Diego, California. For more information, please visit www.calidibio.com or view Calidi’s Corporate Presentation here.

Forward-Looking Statements

This press release may contain forward-looking statements for purposes of the “safe harbor” provisions under the United States Private Securities Litigation Reform Act of 1995. Terms such as “anticipates,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predicts,” “project,” “should,” “towards,” “would” as well as similar terms, are forward-looking in nature, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements concerning key milestones, including certain pre-clinical data, planned clinical trials, and statements relating to the safety and efficacy of Calidi’s therapeutic candidates in development. Any forward-looking statements contained in this discussion are based on Calidi’s current expectations and beliefs concerning future developments and their potential effects and are subject to multiple risks and uncertainties that could cause actual results to differ materially and adversely from those set forth or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that Calidi is not able to raise sufficient capital to support its current and anticipated clinical trials, the risk that early results of clinical trials do not necessarily predict final results and that one or more of the clinical outcomes may materially change following more comprehensive review of the data, and as more patient data becomes available, the risk that Calidi may not receive FDA approval for some or all of its therapeutic candidates. Other risks and uncertainties are set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s annual report filed with the SEC on Form 10-K on March 31, 2025, as may be amended or supplemented by other reports we file with the SEC from time to time. We disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

For Investors:

Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
[email protected]
2026-03-05 23:08 6d ago
2026-03-05 17:58 6d ago
Nvidia's Earnings Prove Why It's Earned Its Spot stocknewsapi
NVDA
HomeStock IdeasLong IdeasTech 

SummaryNvidia Corporation delivered a record $68.1B in quarterly revenue, driven by 73% YoY growth and dominant data center performance.NVDA’s platform-centric strategy, ecosystem expansion, and capital deployment mirror Microsoft’s historic playbook for compounding platform control.Forward guidance remains robust, with a five-year annual growth estimate of 18% and a total return potential of 103.73%.I assign NVDA a Value Grade of A, underpinned by unmatched execution, AI leadership, and strategic investments like the $2B CoreWeave partnership.I do much more than just articles at Best Stocks Now! Premium: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » Oleksandr Holovin/iStock Editorial via Getty Images

Nvidia's Infrastructure Buildout Has Thrived With this last earnings report, Nvidia Corporation (NVDA) has just reminded the market why it's the most important company in today’s day and age. With AI and Data

23.33K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, CRWV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-05 23:08 6d ago
2026-03-05 18:00 6d ago
Belo Sun Announces Appointment of Director stocknewsapi
BSXGF
March 05, 2026 18:00 ET  | Source: Belo Sun Mining Corp.

TORONTO, March 05, 2026 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX:BSX, OTCQB:BSXGF) is pleased to announce that Mr. Benjamin Buckingham has been nominated by La Mancha Investments S. à r. l. (“La Mancha”) to serve as its representative on the Board of the Company pursuant to the investor rights agreement between the Company and La Mancha.

Mr. Buckingham replaces Mr. Jack Lunnon, who has stepped down as a director of the Company effective March 5, 2026 in connection with La Mancha’s internal transition of its Board representation.

The Company thanks Mr. Lunnon for his service and contribution during his tenure as a director. Mr. Lunnon will continue in his role as Chief Technical Officer of the La Mancha group and will remain engaged in supporting Belo Sun through La Mancha’s ongoing involvement.

Mr. Buckingham has over 10 years of experience in metals and mining investment and finance. He has been with La Mancha since 2020 and currently serves as Vice President, Investments, where he is responsible for sourcing and evaluating investment opportunities, conducting due diligence and valuations, executing transactions, and providing portfolio oversight and strategic support. Mr. Buckingham has been closely involved in La Mancha’s investment in Belo Sun and has been responsible for executing several investments, primarily in Brazil and Latin America. He has experience supporting portfolio companies through M&A, corporate development and project financing initiatives.

Prior to joining La Mancha, Mr. Buckingham was an Investment Analyst at CD Capital, a mining-focused private equity firm. He holds an MSc in Metals and Energy Finance from Imperial College London and a BA (Hons) in Economics from the University of Newcastle.

Clovis Torres, Chairman and Chief Executive Officer of Belo Sun, commented: “We would like to thank Jack for his valuable contribution to the Board and for his continued support of Belo Sun through La Mancha’s ongoing involvement. We are pleased to welcome Ben Buckingham as La Mancha’s nominee and look forward to working with him as we advance the Volta Grande Project. Ben’s experience in corporate development and project financing will be a valuable addition to the Board as we continue progressing the development of the Project.”

About the Company

Belo Sun Mining Corp. is a mineral exploration and development company with gold-focused properties in Brazil. Belo Sun’s primary focus is advancing and expanding its 100% owned Volta Grande Gold Project in Pará State, Brazil. Belo Sun trades on the TSX under the symbol “BSX” and on the OTCQB under the symbol “BSXGF.” For more information about Belo Sun, please visit www.belosun.com.

For inquiries, please contact Belo Sun Mining Corp, 1-888-516-4171 or [email protected].

Caution regarding forward-looking information:

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the appointment of Mr. Buckingham to the Board of the Company; and the departure of Mr. Lunnon as a director. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks inherent in the mining industry and risks described in the public disclosure of the Company which is available under the profile of the Company on SEDAR+ at www.sedarplus.ca and on the Company's website at www.belosun.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause 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. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
2026-03-05 23:08 6d ago
2026-03-05 18:00 6d ago
Manganese X Energy Corp. Announces Interim Chief Financial Officer stocknewsapi
MNXXF
Montreal, Quebec--(Newsfile Corp. - March 5, 2026) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) ("Manganese X" or the "Company") announces the appointment of Andrew Gainsbury, formerly the Company's Controller, as acting Chief Financial Officer on an interim basis. Mr. Gainsbury, CFA, CMA, has over 16 years of experience in financial management and consulting in both Canada and Brazil. His most recent experience includes serving as Controller for several publicly-listed Canadian junior mining companies. Previously, he was Chief Financial Officer of a Brazilian engineering firm with over 800 employees, as well as a senior consultant leading corporate finance projects across multiple industries for Deloitte in Brazil. He specializes in strategic management, mergers and acquisitions, fundraising, as well as corporate restructuring. He holds an MBA from McGill University and has earned his CFA and CMA designations.

Mr. Gainsbury replaces James (Jay) Richardson, who has temporarily stepped away from his duties as Chief Financial Officer for medical reasons. Mr. Richardson remains a director of the Company. The Company wishes Jay a speedy and full recovery.

About Manganese X Energy Corp.

Manganese X's mission is to advance its Battery Hill project into production, thereby becoming the first public actively traded manganese mining company in Canada and the U.S. to commercialize EV compliant high-purity manganese, potentially supplying the North American supply chain. The Company intends on supplying value-added materials to the lithium-ion battery and other alternative energy industries, as well as striving to achieve new carbon-friendly, more efficient methodologies, while processing manganese at a lower, competitive cost.

For more information, visit the Company's website at www.manganesexenergycorp.com.

On behalf of the Board of Directors of
MANGANESE X ENERGY CORP.

Martin Kepman
CEO and Director
Email: [email protected]
Tel: 1-514-802-1814

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

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Manganese X, are forward-looking statements. Forward-looking statements in this news release relate to statements regarding: statements regarding the anticipated impact of the appointment of the Company's new executive officer. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Manganese X, are inherently subject to significant business, economic, competitive, political, and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance, or achievements that are or may be expressed or implied by such forward-looking statements, and the parties have made assumptions and estimates based on or related to many of these factors. These risks, as well as others, are disclosed within the Company's filings on SEDAR+ (www.sedarplus.ca), which investors are encouraged to review prior to any transaction involving the securities of the Company. Readers should not place undue reliance on the forward-looking statements. Manganese X does not assume any obligation to update the forward-looking statements if beliefs, opinions, projections, or other factors, should change, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286439

Source: Manganese X Energy Corp.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-03-05 23:08 6d ago
2026-03-05 18:00 6d ago
Nexus Uranium Announces Closing of Debt Settlement stocknewsapi
NEXUF
Vancouver, British Columbia--(Newsfile Corp. - March 5, 2026) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: NEXUF) (FSE: JA7) ("Nexus" or the "Company") announces that further to its news release dated February 10, 2026, it has issued 42,408 common shares of the Company at a deemed price of $1.91 per share to a certain arm's length creditor, pursuant to a debt settlement agreement with the arm's length creditor to settle $81,000 in outstanding debt (the "Debt Settlement").

The Company completed the Debt Settlement to preserve the Company's cash for working capital and improve its financial position by reducing its existing liabilities.

The Debt Settlement shares are subject to a four month hold period in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange.

About Nexus Uranium Corp.

Nexus Uranium is a Canadian exploration company focused on uranium projects in North America. In the United States, the Company holds the Chord, Wolf Canyon, Deadhorse, and RC projects in South Dakota, and the South Pass project in Wyoming. The Great Divide Basin project in Wyoming is now under option to Canamera Energy Metals Corp. In Canada, Nexus holds the Mann Lake project in Saskatchewan's Athabasca Basin. For more information, visit www.nexusuranium.com.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities 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/286386

Source: Nexus Uranium Corp.
2026-03-05 23:08 6d ago
2026-03-05 18:00 6d ago
Canfor Pulp reports results for the fourth quarter of 2025 stocknewsapi
CFPUF
VANCOUVER, British Columbia, March 05, 2026 (GLOBE NEWSWIRE) -- Canfor Pulp Products Inc. (“The Company” or “CPPI”) (TSX: CFX) today reported its fourth quarter of 2025 results:

Overview.

Q4 2025 operating loss of $85.6 million; net loss of $133.6 million, or $2.05 per share. As a result of the prolonged weakness in global pulp markets and the Company's persistent challenges accessing economically viable fibre, an asset write-down and impairment charge totaling $106.5 million was recognized in Q4 2025, which included a write-off of a previously recognized deferred tax asset of $52.5 million. After taking into consideration adjusting and one-time items1 totaling $57.5 million, the adjusted operating loss for Q4 2025 was $28.1 million, compared to a similarly adjusted operating loss of $11.1 million in Q3 2025. Global softwood pulp markets were relatively flat through Q4 2025, principally driven by elevated pulp producer inventory levels. Pulp production declined 4% in Q4 2025 (versus Q3 2025) primarily due to a scheduled maintenance outage at its Northwood NBSK pulp mill, including a slower than anticipated restart. Jointly with Canfor, the Company announced in December 2025 it had entered into an Arrangement Agreement, where Canfor would acquire all of the issued and outstanding common shares of Canfor Pulp not already owned by Canfor, for either $0.50 in cash consideration or 0.0425 of a common share of Canfor (the "Proposed Transaction"). Closing is anticipated in Q1 2026 and is subject to all applicable shareholder, court and regulatory approvals. As announced in February 2026, Management's forecasts indicate a breach of financial covenants is highly probable as early as March 31, 2026. Should the Proposed Transaction not close, the Company would re-engage with its lenders for further temporary relief while it works to undertake a restructuring process. Financial results.

The following table summarizes selected financial information for CPPI for the comparative periods:

(millions of Canadian dollars, except per share amounts) Q4 2025
 Q3 2025 YTD 2025
 Q4 2024 YTD 2024Sales $140.2  $164.6  $678.9  $163.1  $798.6 Reported operating income (loss) before amortization, asset write-downs and impairment2 $(20.1) $(7.2) $(2.5) $12.3  $43.3 Reported operating income (loss) $(85.6) $(16.0) $(96.1) $4.1  $(226.5)Net income (loss)3 $(133.6) $(12.4) $(146.7) $2.9  $(161.9)Net income (loss) per share, basic and diluted3 $(2.05) $(0.19) $(2.25) $0.04  $(2.49) 1. Adjusted operating loss as well as adjusting and one-time items referenced throughout this news release are defined as non-IFRS financial measures. For further details, refer to the "Fourth quarter results, including adjusting and one-time items" table and the “Non-IFRS financial measures” section of this news release.
2. An asset write-down and impairment charge totaling $106.5 million was recorded in Q4 2025 (Q3 2025 and Q4 2024 – no asset write-down and impairment adjustment was recognized), which included a $52.5 million write-off of a previously recognized deferred tax asset. The deferred tax asset write-off is not included in reported operating income (loss) and as a result, reported operating income (loss) in the table above, is only adjusted by $54.0 million, representing the asset write-down and impairment charge associated with property, plant and equipment and material and supplies inventories.
3. Attributable to equity shareholders of the Company.

The Company reported an operating loss of $85.6 million for the fourth quarter of 2025, compared to an operating loss of $16.0 million for the third quarter of 2025.

Commenting on the Company’s fourth quarter results, CPPI’s President and Chief Executive Officer, Stephen Mackie, said, “The Company faced another extremely challenging quarter, as ongoing global economic uncertainty weighed heavily on softwood pulp market conditions. As a result, we remain cautious heading into 2026 as we continue to navigate significant external pressures on our business, including the prolonged downturn in softwood pulp markets and the ongoing constraints in securing economically viable fibre.”

Fourth quarter results, including adjusting and one-time items.

As previously announced, during the fourth quarter of 2025, the Company identified several indicators of impairment under IFRS Accounting Standards, including sustained declines in global US-dollar pulp list prices, persistent challenges in securing economically viable fibre, a reduction in the Company's market capitalization and an increased risk of financial covenant non-compliance. Consequently, the Company recognized a non-cash asset write-down and impairment charge totaling $106.5 million in the current quarter, which included a write-off of a previously recognized deferred tax asset of $52.5 million.

After taking account of adjusting items totaling $57.5 million, as outlined in the table below, the Company's adjusted operating loss was $28.1 million, compared to an adjusted operating loss of $11.1 million for the third quarter of 2025. These adjusted results largely reflect the continued impact of soft global pulp market conditions throughout most of the current period, combined with reduced pulp production associated with the Company's scheduled maintenance downtime at its Northwood Northern Bleached Softwood Kraft ("NBSK") pulp mill ("Northwood").

(millions of Canadian dollars) Q4 2025 Q3 2025 YTD 2025 Q4 2024
 YTD 2024Reported operating income (loss) $(85.6) $(16.0) $(96.1) $4.1  $(226.5)Asset write-down and impairment⁴ $54.0  $–  $54.0  $–  $211.0 Inventory write-down, net⁵ $3.5  $4.9  $11.3  $–  $– Adjusted operating income (loss)⁶ $(28.1) $(11.1) $(30.8) $4.1  $(15.5)Amortization $11.5  $8.8  $39.6  $8.2  $58.8 Adjusted operating income (loss) before amortization, asset write-down and impairment⁴˒⁶ $(16.6) $(2.3) $8.8  $12.3  $43.3  1. An asset write-down and impairment charge totaling $106.5 million was recorded in Q4 2025 (Q3 2025 and Q4 2024 – no asset write-down and impairment adjustment was recognized), which included a $52.5 million write-off of a previously recognized deferred tax asset. The deferred tax asset write-off is not included in reported operating income (loss) and as a result, reported operating income (loss) in the table above, is only adjusted by $54.0 million, representing the asset write-down and impairment charge associated with property, plant and equipment and material and supplies inventories.
2. A $3.5 million net inventory write-down expense was recognized in Q4 2025 (Q3 2025 – $4.9 million net inventory write-down expense, Q4 2024 – no inventory valuation adjustment was recognized).
3. Adjusted results referenced throughout this news release are defined as non-IFRS financial measures. For further details, refer to the “Non-IFRS financial measures” section of this document.

Fourth quarter highlights.

Global softwood pulp markets were relatively flat through the fourth quarter of 2025, driven mainly by elevated pulp producer inventory levels. Towards the end of the period, however, buyer sentiment began to improve. Lower global pulp prices prompted a modest uptick in purchasing activity, particularly in China, as producers worked to draw down higher-than-average inventory levels. As a result, US-dollar NBSK list prices to China, the world’s largest pulp consumer, gained some positive momentum late in the quarter, finishing December at US$690 per tonne. Despite this late uplift, for the fourth quarter overall, US-dollar NBSK pulp list prices to China averaged US$671 per tonne, down US$19 per tonne, or 3%, from the prior quarter. Outside China, market conditions remained difficult. Demand and pricing in other global regions weakened through the fourth quarter, with the average US-dollar NBSK pulp list price to North America falling by 8% from the previous quarter.

Global softwood pulp producer inventories remained elevated and at the top end of the balanced range throughout the current quarter, ending December 2025 at 47 days of supply, in line with September 2025. Market conditions are typically considered balanced when inventories fall within the 39-47 days of supply.

The Company’s average NBSK pulp unit sales realizations in the current quarter experienced a modest decline relative to the previous quarter, principally a result of the decrease in global US-dollar NBSK pulp list prices, partially offset by a 1% weaker Canadian dollar.

Pulp production was 103,000 tonnes for the fourth quarter of 2025, down 4,000 tonnes, or 4%, from the third quarter of 2025. Early in the current quarter, the Company successfully completed its scheduled maintenance outage at Northwood as planned. However, the restart of Northwood was delayed by several days due to operational difficulties unrelated to the scheduled maintenance downtime. Combined, these factors impacted NBSK pulp production by approximately 15,000 tonnes in the current quarter.

Operating income in the Company's paper segment was $5.5 million, compared to $5.0 million in the third quarter of 2025, largely due to the weaker Canadian dollar, combined with slightly lower paper unit manufacturing costs.

In December 2025, as a result of a forecast covenant breach at December 31, 2025, the Company renegotiated its existing operating loan facility. Under the terms of the amended agreement, the Company granted security to Canfor Pulp’s lenders and obtained a waiver of its financial covenants for the quarter ended December 31, 2025 (the “Covenant Relief Period”). During the Covenant Relief Period, the Company was subject to a minimum liquidity test of $10.0 million, effectively reducing its operating loan facility from $160.0 million to $150.0 million. This Covenant Relief Period only applied to the quarter ended December 31, 2025, and does not apply to future periods.

At December 31, 2025, CPPI had a net debt to total capitalization ratio of 116.1% and a minimum earnings before interest, taxes, depreciation and amortization ("EBITDA") interest coverage ratio of (0.1) times, as defined under the terms of its operating loan facility. As a result of the Covenant Relief Period, the lenders have agreed not to exercise any rights and remedies in respect of the covenant breach at December 31, 2025.

Pulp outlook.

Looking ahead, global softwood kraft pulp market conditions are anticipated to remain weak into 2026 as ongoing economic uncertainty, particularly between China and the US, continues to weigh on market demand despite some cautious optimism seen late in 2025.

The Company continues to closely monitor developments in Canada–US trade relations. Should tariffs be applied to US pulp and paper shipments, the Company has mitigation strategies in place that are projected to partially offset potential impacts.

No major maintenance outages are planned at the Company's pulp mills for the first quarter of 2026. In the second quarter of 2026, a maintenance outage is scheduled at the Company's Intercontinental NBSK pulp mill (“Intercon”) with a projected 20,000 tonnes of reduced NBSK market pulp production. For the rest of 2026, no further scheduled downtime at the Company's pulp mills is anticipated.

As announced on February 17, 2026, Management’s forecast indicates that due to global pulp market conditions remaining weak, ongoing macroeconomic headwinds and continued challenges accessing economic fibre in British Columbia, the Company may experience continued declines in financial performance during the first quarter of 2026, making it highly probable that CPPI will not comply with its financial covenants at March 31, 2026.

Although Management is undertaking mitigation initiatives and advancing the Proposed Transaction, the ultimate success of these actions cannot be assured at this time. Management’s discussions with its lenders regarding future financial covenant relief are currently on hold, pending the outcome of the Proposed Transaction. Should the Proposed Transaction not close, the Company would re-engage with its lenders for further temporary relief while it works to undertake a restructuring process.

Paper outlook.

Demand for bleached kraft paper, both globally and within North America, is anticipated to remain subdued throughout the first half of 2026. This forecast trend is primarily attributed to ongoing uncertainties in Canada–US trade relations, coupled with broader global economic challenges such as overcapacity and stable demand.

A maintenance outage is currently planned at the Company's paper machine in the second quarter of 2026 with a projected 10,000 tonnes of reduced paper production.

Refer to the Company’s annual Management’s Discussion and Analysis for further discussion on the Company’s results for the fourth quarter of 2025 on page 14.

Additional information and conference call.

A conference call to discuss the fourth quarter’s financial and operating results will be held on Friday, March 6, 2026, at 9:00 AM Pacific time. To participate in the call, please click here. The instant replay access will be available until May 1, 2026, on canfor.com/investors, under Webcasts.

The conference call will be webcast live and will be available at canfor.com. This news release, the attached financial statements and a presentation used during the conference call can be accessed via the Company’s website at canfor.com/investors.

Non-IFRS financial measures.

Throughout this press release, reference is made to certain non-IFRS financial measures which are used to evaluate the Company’s performance but are not generally accepted under IFRS and may not be directly comparable with similarly titled measures used by other companies. The following table provides a reconciliation of these non-IFRS financial measures to figures reported in the Company’s condensed consolidated interim financial statements:

(millions of Canadian dollars, net of tax)
 Q4 2025
 Q3 2025 YTD 2025
 Q4 2024 YTD 2024Net income (loss) $(133.6) $(12.4) $(146.7) $2.9  $(161.9)Asset write-down and impairment, net of tax $106.5  $–  $106.5  $–  $154.0 Adjusted net income (loss) $(27.1) $(12.4) $(40.2) $2.9  $(7.9)
Forward-looking statements.

Certain statements in this press release constitute “forward-looking statements” which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. These forward-looking statements include, among others, statements relating to: the recording of an impairment charge; the expected non-compliance with financial covenants; the Company’s intention to re-engage with its lenders for further temporary relief; and, the Company does not expect this news to have any adverse effect on completing the Proposed Transaction. Words such as “expects”, “anticipates”, “projects”, “intends”, “plans”, “will”, “believes”, “seeks”, “estimates”, “should”, “may”, “could”, and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are based on current expectations and beliefs and actual events or results may differ materially.

Although the Company believes that the forward-looking statements in this news release are based on information and assumptions that are current, reasonable and complete, these statements are by their nature subject to a number of factors that could cause actual results to differ materially from the expectations of the management of the Company, respectively, and plans as set forth in such forward-looking statements, including, without limitation, the following factors, many of which are beyond the Company’s control and the effects of which can be difficult to predict: it is uncertain if future temporary relief from financial covenants can be obtained or, if obtained, if such relief would be on terms and conditions acceptable to the Company; the possibility that the Proposed Transaction will not be completed on the terms and conditions, or on the timing, currently contemplated, and that it may not be completed at all, due to a failure to obtain or satisfy, in a timely manner or otherwise, required court, shareholder and regulatory approvals and other conditions of closing necessary to complete the Proposed Transaction or for other reasons; the possibility of adverse reactions or changes in business relationships resulting from this announcement; the possibility of litigation relating to the Proposed Transaction; credit, market, currency, operational, liquidity and funding risks generally and relating specifically to the Proposed Transaction, including changes in economic conditions, interest rates, commodity prices, tariffs, duties and import taxes; risks and uncertainties relating to information management, technology, supply chain, product safety, changes in law, competition, seasonality, commodity price and business; and other risks inherent to the Company’s business and/or factors beyond its control which could have a material adverse effect on the Company or the ability to consummate the Proposed Transaction. With respect to the forward-looking statements contained in this news release, the Company has made numerous assumptions regarding, among other things, the ability of Canfor Corporation and the Company to satisfy all of the closing conditions to complete the Proposed Transaction and the non-occurrence of the risks and uncertainties that are described in the public filings of the Company or other events occurring outside of its normal course of business.

The Company cautions that the foregoing list of important factors and assumptions is not exhaustive and other factors could also adversely affect its results. For more information on the risks, uncertainties and assumptions that could cause the Company’s actual results to differ from current expectations, please refer to the “Risks and uncertainties” section of the Company’s Management’s Discussion & Analysis for the year ended December 31, 2025 as well as the Company’s other public filings, available at sedarplus.ca and at canfor.com.

The forward-looking statements contained in this news release describe the Company’s expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable Canadian securities laws, the Company does not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.

About Canfor Pulp.

Canfor Pulp is a leading global supplier of pulp and paper products with operations in the northern interior of British Columbia. Canfor Pulp operates two mills in Prince George, British Columbia, with a total capacity of 480,000 tonnes of Premium Reinforcing Northern Bleached Softwood Kraft pulp and 140,000 tonnes of kraft paper. The Common Shares are traded on the TSX under the symbol CFX. For more information visit canfor.com.
2026-03-05 23:08 6d ago
2026-03-05 18:00 6d ago
BRBR Investor Alert: BellRing Brands (BRBR) Facing Securities Class Action Over Alleged Artificial Growth and $2.9 Billion Value Wipeout - Hagens Berman stocknewsapi
BRBR
, /PRNewswire/ -- National shareholder rights law firm Hagens Berman is issuing an updated notice to investors in BellRing Brands, Inc. (NYSE: BRBR) regarding the March 23, 2026, lead plaintiff deadline accusing BellRing and certain of BellRing's top executives of securities fraud.

CLICK HERE TO SUBMIT YOUR BRBR LOSSES NOW

The suit alleges Defendants misled investors about the true drivers of BellRing's 2025 sales growth. The truth emerged over a series of disclosures revealing that growth was allegedly fueled by retailers "hoarding inventory" to safeguard against prior supply chain shortages. When retailers finally moved to "destock" these excess levels, BellRing's share price collapsed, leading to a 33% single-day crash.

Visit Hagens Berman's dedicated BRBR Case Page: www.hbsslaw.com/cases/bellring
View our latest investigation summary video: youtu.be/

"We are investigating whether BellRing's purported competitive moat was actually a mirage created by retailers over-ordering to avoid empty shelves, as the suit contends" said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the claims alleged in the pending suit.

BellRing Brands, Inc. (BRBR) Securities Class Action:

The pending litigation alleges that BellRing and its executives issued misleading statements regarding the strength, sustainability, and drivers of its sales growth, as well as the impact of competition on demand for its products.

Concealed Inventory Hoarding: The complaint alleges that BellRing's strong reported sales during the Class Period did not reflect end-consumer demand or brand momentum. Instead, the results were materially attributable to temporary inventory stockpiling by several of its key customers as a safeguard against product shortages that had previously constrained BellRing's supply. Foreseeable Drop Off: The lawsuit claims that once BellRing's customers gained confidence that product shortages were over, they promptly reduced their inventory by selling through their overstocked inventory and reduced new orders. The "Hoarding Inventory" Admission: On May 6, 2025, after BellRing reported disappointing Q2 2025 financial results, BellRing's CFO revealed that during the quarter "several key retailers lowered their weeks of supply on hand[,]"a couple of retailers "were a little bit hoarding inventory to make sure they didn't run out of stock on the shelf[,]" and "[w]e thought this could happen." But the CFO downplayed the headwind by assuring investors that "absolutely, no softness, no concern around consumption." This news sent the price of BellRing shares down $14.88 (-19%). Earnings Collapse and Severe Market Reaction: On Aug. 4, 2025, BellRing reported Q3 2025 financial results revealing a disappointing narrowed sales outlook range. BellRing's CFO blamed increasing competition and "consumption" had not outpaced "shipments." But, one analyst expressed skepticism, pointing out "I might have expected consumption to be much higher given there was some destock in the third quarter." This news sent the price of BellRing shares down $17.46 (-33%). Next Steps: Contact Partner Reed Kathrein Today

Hagens Berman is a top-tier plaintiff litigation firm recognized for leading complex securities fraud class actions.

Mr. Kathrein is actively advising investors who purchased BRBR shares between November 19, 2024 – August 4, 2025 and suffered substantial losses.

The Lead Plaintiff Deadline is March 23, 2026.

TO SUBMIT YOUR BELLRING (BRBR) LOSSES NOW, PLEASE USE THE SECURE FORM BELOW:

Click Here to Report Your BRBR Losses to Hagens Berman If you'd like more information and answers to frequently asked questions about the BellRing case and our investigation, read more »

Whistleblowers: Persons with non-public information regarding BellRing should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

SOURCE Hagens Berman Sobol Shapiro LLP
2026-03-05 23:08 6d ago
2026-03-05 18:00 6d ago
Baker Hughes Successfully Prices $6.5 Billion and €3 Billion Offerings of Senior Notes stocknewsapi
BKR
March 05, 2026 18:00 ET  | Source: Baker Hughes

HOUSTON and LONDON, March 05, 2026 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (“Baker Hughes” or the “Company”) today successfully priced a $6.5 billion debt offering consisting of five tranches of senior unsecured notes and a €3 billion debt offering consisting of four tranches of senior unsecured notes (collectively, the “notes”):

$500 million 4.050% Senior Notes due 2029$1.25 billion 4.350% Senior Notes due 2031$750 million 4.650% Senior Notes due 2033$2 billion 5.000% Senior Notes due 2036$2 billion 5.850% Senior Notes due 2056€600 million 3.226% Senior Notes due 2030€900 million 3.812% Senior Notes due 2034€750 million 4.193% Senior Notes due 2038€750 million 4.737% Senior Notes due 2046 The notes will be issued by Baker Hughes’ wholly owned subsidiary, Baker Hughes Holdings LLC (“BHH LLC”) and by BHH LLC’s wholly owned subsidiary Baker Hughes Holdings Co-Obligor, Inc. (“Co-Obligor” and, together with BHH LLC, the “Issuers”), and will be fully and unconditionally guaranteed on a senior unsecured basis by Baker Hughes.

Baker Hughes intends to use the net proceeds of the offerings to fund a portion of the cash consideration for Baker Hughes’ proposed acquisition of all outstanding shares of common stock of Chart Industries, Inc. (the “Chart acquisition”). The notes will be subject to a special mandatory redemption (at a price equal to 101% of the aggregate principal amount of such series of notes) under certain circumstances if the Chart acquisition is not consummated.

The notes offerings are expected to close on March 11, 2026, subject to satisfaction of customary closing conditions.

Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are acting as joint global coordinators and joint book-running managers for the U.S. dollar offering, and Goldman Sachs & Co. LLC and Morgan Stanley & Co. International plc are acting as joint global coordinators and joint book-running managers for the euro offering. Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC are acting as joint book-running managers for the U.S. dollar offering, and Citigroup Global Markets Limited, Deutsche Bank AG, London Branch and J.P. Morgan Securities plc are acting as joint book-running managers for the euro offering.

BofA Securities, Inc., Barclays Capital Inc., HSBC Securities (USA) Inc., MUFG Securities Americas Inc. and UniCredit Capital Markets LLC are acting as passive book-running managers for the U.S. dollar offering. BNP Paribas Securities Corp., SG Americas Securities, LLC and Standard Chartered Bank are acting as senior co-managers for the U.S. dollar offering. Intesa Sanpaolo IMI Securities Corp., RBC Capital Markets, LLC, BBVA Securities Inc., Academy Securities, Inc., Siebert Williams Shank & Co., LLC, The Standard Bank of South Africa Limited and Loop Capital Markets LLC are acting as co-managers for the U.S. dollar offering.

Merrill Lynch International, Barclays Bank PLC, HSBC Bank plc, MUFG Securities EMEA plc and UniCredit Bank GmbH are acting as passive book-running managers for the euro offering. BNP PARIBAS, Société Générale and Standard Chartered Bank are acting as senior co-managers for the euro offering. Intesa Sanpaolo IMI Securities Corp., RBC Europe Limited, Banco Bilbao Vizcaya Argentaria, S.A., Academy Securities, Inc., Siebert Williams Shank & Co., LLC, The Standard Bank of South Africa Limited and Loop Capital Markets LLC are acting as co-managers for the euro offering.

The notes offerings are being made pursuant to an effective shelf registration statement and prospectus and related preliminary prospectus supplements filed by the Issuers with the U.S. Securities and Exchange Commission (the “SEC”). Before investing, potential investors should read the prospectus and the related preliminary prospectus supplements, the shelf registration statement and other documents that Baker Hughes has filed with the SEC for more complete information about Baker Hughes and these offerings.

Copies of the prospectus supplement and related prospectus for the U.S. dollar offering can be obtained from Goldman Sachs & Co. LLC at 1-866-471-2526, Morgan Stanley & Co. LLC at 1-866-718-1649, Citigroup Global Markets Inc. at 1-800-831-9146, Deutsche Bank Securities Inc. at 1-800-503-4611 or J.P. Morgan Securities LLC at 1-212-834-4533.

Copies of the prospectus supplement and related prospectus for the euro offering can be obtained from Goldman Sachs & Co. LLC at 1-866-471-2526, Morgan Stanley & Co. International plc at 1-866-718-1649, Citigroup Global Markets Limited at 1-800-831-9146, Deutsche Bank AG, London Branch at 1-800-503-4611 or J.P. Morgan Securities plc (for non-U.S. investors) at 44 207 134 2468 or J.P. Morgan Securities LLC (for U.S. investors) at 1-212-834-4533.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities, including the notes. There shall not be any sale of the securities described herein in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Forward-Looking Statements

This news release (and oral statements made regarding the subjects of this release) may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a "forward-looking statement"). Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words "may," "will," "should," "potential," "intend," "expect," "would," "seek," "anticipate," "estimate," "overestimate," "underestimate," "believe," "could," "project," "predict," "continue," "target," "goal" or other similar words or expressions. There are many risks and uncertainties that could cause actual results to differ materially from our forward-looking statements. These forward-looking statements are also affected by the risk factors described in the Baker Hughes’ annual report on Form 10-K and those set forth from time to time in other filings with the SEC. The documents are available through the SEC's Electronic Data Gathering and Analysis Retrieval system at: www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statement, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

The Company’s expectations regarding its business outlook and business plans; the business plans of its customers; oil and natural gas market conditions; cost and availability of resources; economic, legal and regulatory conditions, and other matters are only our forecasts regarding these matters.

About Baker Hughes:

Baker Hughes (Nasdaq: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Investor Relations

Chase Mulvehill
+1 346-297-2561
[email protected]

Media Relations

Adrienne M. Lynch
+1 713-906-8407
[email protected]
2026-03-05 23:08 6d ago
2026-03-05 18:00 6d ago
HUBG Investor News: If You Have Suffered Losses in Hub Group, Inc. (NASDAQ: HUBG), You Are Encouraged to Contact The Rosen Law Firm About Your Rights stocknewsapi
HUBG
NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hub Group, Inc. (NASDAQ: HUBG) resulting from allegations that Hub Group may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Hub Group securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=52777 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On February 5, 2026, after market hours, Hub Group filed a Current Report with the Securities and Exchange Commission on Form 8-K announcing preliminary financial results for the full year and fourth quarter ended December 31, 2025. The report stated that “[i]n connection with the preparation of its financial statements for the year ended December 31, 2025, the Company identified an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.” As a result of the error, Hub Group “plans to restate its financial statements for the first, second and third quarters of 2025.”

On this news, Hub Group’s stock price fell $9.37 per share, or 18.3%, to close at $41.96 per share on February 6, 2026. 

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

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

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

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

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com
2026-03-05 23:08 6d ago
2026-03-05 18:01 6d ago
Dine Brands: Applebee's Playbook Looks Familiar stocknewsapi
DIN
HomeEarnings AnalysisConsumer 

SummaryDine Brands (DIN) still a 'Hold' after a strong run, with valuation now reflecting near-term upside.Applebee's value-driven strategies, including the '2 for $25' platform and TikTok-worthy menu items, have driven positive same-store sales and traffic gains.Dual-branded locations offer significant long-term margin and royalty upside, but franchisee adoption remains slow and full potential is years out.FY 2026 guidance is conservative, with flat-to-slightly positive same-store sales, robust shareholder yield near 15%, and balance sheet well protected. jetcityimage/iStock Editorial via Getty Images

It seems that my last 'Hold' rating on Dine Brands (DIN) has aged well.

I was very happy to see during FY 2025 the change in Applebee's approach, stopping the 'endless LTOs' and switching to offering fixed-price

859 Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-05 23:08 6d ago
2026-03-05 18:04 6d ago
Costco CEO says any tariff refunds it gets will flow back to members through 'lower prices and better values' stocknewsapi
COST
By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Costco is suing the US government for refunds of Trump's IEEPA tariffs. Kevin Carter/Getty Images 2026-03-05T23:04:11.788Z

Costco CEO Ron Vachris said the company is committed to returning tariff refund value to members. The company is one of hundreds suing the US government for refunds of Trump's IEEPA tariffs. "We always want to be the first to lower prices and the last to raise them," Vachris said. Costco CEO Ron Vachris said the company is committed to returning tariff refund value to members.

"Regarding tariff refunds, it is not yet clear what the process will be, what refunds, if any, will be received, and when this will happen," Vachris said during the wholesale clubs' quarterly earnings call on Thursday.

"When legal challenges have recovered charges passed on in some form to our members, our commitment will be to find the best way to return this value to our members through lower prices and better values," he added.

Costco is one of hundreds of companies suing the US government for refunds of Trump's IEEPA tariffs, which were struck down by the Supreme Court last month.

Vachris said the company has also taken several steps to manage the impact of tariffs on its pricing, including shifting countries of origin for certain items, consolidating global purchases, and leaning into its own Kirkland Signature brand.

Those steps will give the company an advantage as the replacement global tariffs take over from the overturned IEEPA rules, he said. "We believe our expertise in buying and our limited SKU-count model puts us in a position to manage this as well as anyone."

The timing and layering of different tariff rates throughout the year have also made it difficult to track the exact impact on specific items, Vachris said, but the company has lowered prices on items like textiles, bedding, and cookware as some tariffs have decreased.

"At Costco, we always want to be the first to lower prices and the last to raise them," he said.

Costco Tariffs

Read next
2026-03-05 23:08 6d ago
2026-03-05 18:05 6d ago
Inuvo, Inc. (INUV) Q4 2025 Earnings Call Transcript stocknewsapi
INUV
Operator

Good afternoon, and welcome to Inuvo's Fourth Quarter and Full Year 2025 Conference Call.

[Operator Instructions]

This call is being recorded on Thursday, March 5, 2026.

I would now like to turn the conference over to Katie Cooper, Director of Marketing. Please go ahead.

Katie Cooper

Thank you, operator, and good afternoon. I'd like to thank everyone for joining us today for the Inuvo Fourth Quarter and Full Year 2025 Shareholder Update Call.

Today, Inuvo's Chief Executive Officer, Rob Buchner; and Chief Financial Officer, Wally Ruiz, will be your presenters on the call.

We would also like to remind our shareholders that we plan to file our 10-K with the Securities and Exchange Commission this evening.

Before we begin, I'm going to review the company's safe harbor statement. The statements in this conference call that are not descriptions of historical facts are forward-looking statements relating to future events, and as such, all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. When used in this call, the words anticipate, could, enable, estimate, intend, expect, believe, potential, will, should, project and similar expressions as they relate to Inuvo, Inc. are as such a forward-looking statement.

Investors are cautioned that all forward-looking statements involve risks and uncertainties, which may cause actual results to differ from those anticipated by Inuvo at this time. In addition, other risks are more fully described in Inuvo's public filings with the U.S. Securities and
2026-03-05 22:07 6d ago
2026-03-05 15:48 6d ago
KuCoin Unveils KCS PulseDrop to Turn Trading and Payments Into Crypto Rewards cryptonews
KCS
KuCoin has unveiled KCS PulseDrop, an ambitious strategic initiative designed to expand the utility of its native token (KCS). The platform reported that they aim to transform user interaction into a “participation economy,” allowing everyday activities such as trading, staking, and using the KuCard to generate tangible rewards in a transparent manner.

This transition allows KCS to move from being a passive holding asset to a dynamic tool that bridges the world of traditional finance with digital assets. By integrating payments through KuCoin Pay and P2P transactions into the points system, they foster long-term loyalty and democratize access to rewards based on actual activity, rather than prioritizing solely the size of the invested capital.

In the coming days, investors should keep a close eye on the implementation of point multipliers and the impact of this infrastructure on the mass adoption of the token within the more than 200 countries where the firm operates. The consolidation of this participatory ecosystem is expected to position KuCoin competitively against other industry giants, while it advances its regulated expansion under international security standards.

Source: https://goo.su/GkcJ

Disclaimer: Crypto Economy’s Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to provide quick information about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
2026-03-05 22:07 6d ago
2026-03-05 15:48 6d ago
Bitcoin miners offload 15K BTC since October, with more sales expected cryptonews
BTC
Bitcoin mining companies have offloaded a sizable portion of their Bitcoin reserves in recent months, signaling a shift away from the self-treasury strategy that dominated the industry during the 2024–2025 market upcycle.

According to TheEnergyMag’s Miner Weekly newsletter, publicly listed miners have sold more than 15,000 Bitcoin (BTC) since October. That month marked the market’s peak before a historic flash crash triggered widespread deleveraging across the industry.

Several large miners contributed to the sell-off. The newsletter highlighted Cango’s February sale of 4,451 BTC, equal to roughly 60% of its reserves, as well as Bitdeer, which reportedly liquidated its entire Bitcoin treasury last month. 

It also pointed to Riot Platforms’ multiple BTC sales in December and Core Scientific’s plan to sell roughly 2,500 BTC during the first quarter.

Data compiled by TheEnergyMag suggests miners’ treasury sales have accelerated since October. Source: Miner WeeklyMARA Holdings, the largest publicly traded Bitcoin mining company, drew attention this week after updated regulatory filings indicated it may both buy and sell Bitcoin to maintain flexibility and optionality.

Markets initially focused on the potential for sales, prompting vice president Robert Samuels to clarify the company’s position that the filing allows flexible sales but does not signal a majority liquidation.

MARA currently holds more than 53,000 BTC, making it the second-largest public corporate holder of Bitcoin, behind Michael Saylor’s Strategy.

Mining companies shift strategy as margins tightenBitcoin miners’ recent sales mark a sharp departure from earlier cycle trends, when many companies adopted a de facto “treasury strategy” by holding a larger share of their self-mined BTC on their balance sheets.

At the time, research from Digital Mining Solutions and BitcoinMiningStock.io suggested the holding pattern reflected expectations of further price appreciation. It also coincided with efforts by several miners to strengthen their financial footing while expanding into adjacent businesses such as AI infrastructure, high-performance computing and data center services.

Industry conditions have deteriorated since October, however, with some observers describing the current environment as the harshest margin squeeze on record for mining companies.

The pressure has begun to show on balance sheets. CleanSpark, for example, repaid its Bitcoin-backed credit line in full, a move the company said was aimed at reducing financial risk amid tightening industry margins.

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-03-05 22:07 6d ago
2026-03-05 15:49 6d ago
Peter Schiff Predicts BTC to Fall, Gold to Rise as Markets Price in Prolonged Iran War cryptonews
BTC
Bitcoin surged above $70,000 this week as markets reacted to escalating conflict between the United States and Iran. However, Peter Schiff renewed his criticism of Bitcoin, arguing the rally could mislead investors during wartime volatility. Earlier, Schiff warned that Bitcoin above $71,000 represented a “head fake,” urging investors to sell Bitcoin and move funds into gold or silver.

Peter Schiff Doubles Down on Gold During War Uncertainty Peter Schiff, on X, issued his latest warning as global markets digested rising geopolitical tensions linked to the U.S.-Iran conflict. He argued that investors currently expect the war to remain short and manageable. However, Schiff said that outcome remains unlikely and explained that markets could shift quickly if the conflict drags on longer than expected.

According to Schiff, a prolonged war would pressure stocks, bonds, cryptocurrencies, and the U.S. dollar. At the same time, he expects oil and gold prices to climb significantly. His comments come during a period when oil prices have surged after the conflict disrupted key energy routes.

However, gold declined despite the geopolitical tensions, while Bitcoin moved in the opposite direction and continued rising. This price divergence added a new outlook to the debate over safe-haven assets, since gold traditionally attracts investors during wartime uncertainty and market stress. Yet recent market moves showed Bitcoin gaining while gold pulled back.

Bitcoin Surges as Analysts Debate Safe-Haven Narrative While Schiff criticized Bitcoin’s rally, other market voices addressed the unusual price behavior. As CoinGape reported, billionaire hedge fund founder Ray Dalio also questioned comparisons between Bitcoin and gold. Dalio argued that Bitcoin lacks central bank backing and offers limited privacy advantages, while also warning that future quantum computing developments could threaten the cryptocurrency’s security model.

These remarks came as Bitcoin outperformed gold during the latest U.S.-Iran conflict. The contrast between the two assets became more visible after Iranian airstrikes intensified regional tensions. However, Bloomberg ETF analyst Eric Balchunas urged caution when interpreting short-term price moves and said recent market behavior does not necessarily redefine Bitcoin or gold as safe-haven assets.

Balchunas noted that Bitcoin gained roughly 12 percent following the Iranian attacks, while gold prices moved lower during the same period. He explained that market-making activity and sentiment shifts likely influenced those movements. 

CryptoQuant Data Shows Relief Rally as Selling Pressure Eases On-chain data shows Bitcoin price’s recent strength. According to CryptoQuant, Bitcoin rallied after selling pressure across spot markets began to decline. Demand contraction narrowed sharply this year, dropping from negative 136,000 BTC early in 2026 to around negative 25,000 BTC recently.

Meanwhile, the Coinbase Premium indicator turned positive, suggesting renewed buying activity from United States investors. The CryptoQuant report also observed reduced selling from traders and long-term holders, while trader unrealized losses reached levels last recorded in July 2022.

Historically, such conditions reduce marginal selling and support short-term rebounds. Long-term holder distribution also slowed significantly in recent months, with the 30-day selling pace falling from 904,000 BTC in November to roughly 276,000 BTC recently. That marked the lowest level recorded since June 2025.

Despite the rebound, CryptoQuant still described current market conditions as bearish overall. Its Bull Score Index remained low at 10 out of 100. The firm also identified two key resistance levels if Bitcoin continues rising, with the first near $79,000 and a stronger resistance appearing around $90,000.

Source: CryptoQuant
2026-03-05 22:07 6d ago
2026-03-05 15:58 6d ago
Why XRP Is Making Big Moves Today cryptonews
XRP
With amplified volatility in the cryptocurrency market this week, it should be no surprise to see top tokens like XRP (XRP 2.27%) swinging wildly. That's once again the case, with today's big 24-hour move taking place between 7:00 a.m. ET yesterday and today, during which XRP saw a nice move of more than 6% over this time frame.

Today's Change

(

-2.27

%) $

-0.03

Current Price

$

1.42

Now slightly down over the past 24 hours (alongside the broader sector), investors may want to look under the hood to see whether XRP's recent upside momentum is worth legging into, or if this sustained macro downturn in risk assets is enough of a reason to sell.

Here's why I think things aren't looking so bad for XRP investors under the hood.

Why XRP's price action has been so volatile of late

Source: Getty Images.

Few readers will need to be reminded of the extreme uncertainty facing investors right now, particularly in the world of geopolitics. With Venezuela now in the rearview mirror, and investors forced to shift their focus to the Middle East and Ecuador (didn't see that one coming), rising commodity prices and currency swings are making life difficult for traders and investors looking to build their discounted cash flow models.

In the cryptocurrency sector, one underpinned by fewer fundamentals, the underlying sentiment shift resulting from these actions has driven capital mostly out of the crypto sector of late. That said, one of the more notable developments for XRP has been recent spot ETF launches from the likes of Bitwise and Grayscale, which have provided capital inflows. That's a big positive factor driving this morning's move higher, in my view.

Additionally, growth in active wallets and broader liquidity improvements late last year led to improvements in the order book, which I've seen carry over to a degree in Q1 of 2026. I'll be keeping an eye on XRP's fundamentals, but for now, the value RippleNet provides through enterprise tools like escrow and payment channels is worth paying attention to. This is a crypto project with notable network effects which are difficult to replicate. I'm still bullish on XRP despite this backdrop and will consider adding a position if its price action deteriorates further from here.

Chris MacDonald has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends XRP. The Motley Fool has a disclosure policy.