TLDR: Alchemy Pay now holds Money Transmitter Licenses in 15 U.S. states after securing Delaware approval. The Delaware MTL authorizes Alchemy Pay to offer regulated money transmission services in the state. Alchemy Pay plans to launch a stablecoin and develop Alchemy Chain, backed by its growing MTL network. Beyond the U.S., Alchemy Pay holds regulatory approvals in Australia, South Korea, Switzerland, and Hong Kong. Alchemy Pay has received a Money Transmitter License in Delaware, marking another regulatory step in the United States.
The fiat-crypto payment company now holds such licenses in 15 states nationwide. Delaware law requires entities transmitting money to be licensed under the state bank commissioner’s office.
This approval supports Alchemy Pay’s broader goal of building a compliant payment infrastructure across the country, including future plans for a stablecoin and a dedicated blockchain network.
Expanding Regulated Operations Across U.S. States Under Delaware law, transmitting money through checks, drafts, or monetary instruments is a regulated activity. Businesses must operate under the Delaware Office of the State Bank Commissioner.
Alchemy Pay has fulfilled these requirements and now holds a valid license. It can therefore offer fully compliant money transmission services within the state.
The Delaware approval brings the company’s total U.S. MTL count to fifteen states. The list includes Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, and Wyoming. Arizona, South Carolina, Kansas, West Virginia, South Dakota, and Nebraska also hold Alchemy Pay MTLs. More state applications remain active and are currently under regulatory review.
Alchemy Pay announced this milestone on social media, confirming the company’s progress:
“With this approval, #AlchemyPay now holds MTLs in 15 U.S. states, further strengthening its compliant fiat-crypto payment infrastructure and laying the groundwork for future stablecoin initiatives.”
Alchemy Pay has secured a Money Transmitter License in Delaware 🇺🇸
With this approval, #AlchemyPay now holds MTLs in 15 U.S. states, further strengthening its compliant fiat-crypto payment infrastructure and laying the groundwork for future stablecoin initiatives.
Learn more:… pic.twitter.com/gFBbPliKUP
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 4, 2026
This wider regulatory coverage helps the company reach more users across the country. It also supports access to compliant fiat-crypto on-ramps and off-ramps at a larger scale. The continued expansion reflects a deliberate, compliance-first growth strategy.
These licenses also lay the groundwork for Alchemy Pay’s future financial products. The company plans to launch a proprietary stablecoin, which requires strong regulatory backing.
It is also developing Alchemy Chain, a blockchain infrastructure built around stablecoin use. Both initiatives depend on the compliance foundation that these MTLs are building.
Regulatory Progress Extends Across Global Markets Alchemy Pay has also made meaningful regulatory progress in markets outside the U.S. The company registered as a Digital Currency Exchange Provider in Australia.
In South Korea, it completed an Electronic Financial Business registration. Both approvals strengthen its position in key Asia-Pacific financial markets.
In Switzerland, Alchemy Pay joined the VQF, a recognized Self-Regulatory Organisation. This admission places the company within a well-established Swiss financial oversight framework.
The VQF is an official SRO recognized by Swiss regulators. Membership confirms that the company meets quality assurance standards in Swiss financial services.
The company also gained regulated exposure to Hong Kong’s financial market. It did so through an investment in HTF Securities Limited.
HTF holds Hong Kong SFC Type 1, 4, and 9 licenses. This indirect participation adds another regulated market to Alchemy Pay’s global reach.
Taken together, these approvals show a pattern of consistent regulatory engagement worldwide. Alchemy Pay has pursued compliance across different legal systems and financial frameworks.
Each approval reinforces the company’s credibility with regulators, users, and institutional partners. The strategy positions the company to support the next generation of global digital payments.
2026-03-04 21:007d ago
2026-03-04 15:098d ago
Bitwise XRP ETF emerges as top US spot fund after strong inflows
Driven by robust demand for regulated crypto exposure, the bitwise xrp etf has now claimed the lead among US funds focused on this digital asset.
Summary
Bitwise fund takes top spot in US XRP marketCompetitive landscape of US XRP ETFs Bitwise fund takes top spot in US XRP market The Bitwise spot XRP ETF (XRP) has officially become the largest fund of its kind in the United States after a weekly inflow surge of $10 million. This jump in fresh capital allowed the product to overtake rival spot XRP funds competing for market share.
Bitwise CEO Hunter Horsley confirmed the milestone earlier today on the X social network, highlighting the scale of investor interest. Moreover, the announcement underscored how quickly institutional-style vehicles for XRP have grown since launch.
The exchange-traded product, trading under the ticker XRP, secured that same $10 million in weekly inflows that pushed it ahead of competitors. However, the broader contest for dominance in this niche ETF segment remains tight as other issuers continue to attract assets.
“Grateful to investors entrusting Bitwise to steward their assets,” the company stated on social media, emphasizing its focus on professional management and regulated structures. That said, the firm did not disclose individual investor profiles or specific allocation strategies.
As previously reported by U.Today, Bitwise made a trailblazing move by filing for an XRP ETF in October 2024. This early application helped position the issuer at the front of the XRP ETF market as US demand for crypto-linked securities increased.
Competitive landscape of US XRP ETFs The broader American market for spot XRP exchange-traded funds has become highly competitive and has already reached key financial milestones. At present, it boasts exactly $1 billion in total net assets, reflecting strong appetite from both retail and professional investors.
According to comprehensive market data from SoSoValu, the asset class has drawn a cumulative total net inflow of $1.25 billion since these products began trading. Moreover, these numbers point to sustained accumulation rather than short-lived speculative spikes.
The race for the top position among major issuers remains extremely close. The bitwise xrp etf currently leads with $269.05 million in assets under management, narrowly ahead of competitors that are still adding capital at a steady pace.
Bitwise is closely followed by Canary‘s XRPC fund, which holds $262.17 million in assets. However, the difference between the two leaders is slim, suggesting rankings could shift again if flows accelerate into any single product.
Franklin Templeton‘s XRPZ sits in third place with $230.20 million in assets under management. Moreover, 21Shares and Grayscale complete this informal XRP ETF issuers list, controlling $166.96 million and $72.49 million respectively.
The sector continues to record healthy daily investor demand. On March 3, the group of XRP ETFs captured $7.53 million in total net inflows and nearly $39 million in combined trading value. That said, the long-term sustainability of this pace will likely depend on broader crypto-market conditions.
In summary, US spot products backed by XRP have quickly grown into a billion-dollar segment, with Bitwise now holding a narrow lead on assets under management. However, rival issuers remain close behind, ensuring that competition and innovation in this ETF niche will likely stay intense.
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.
2026-03-04 21:007d ago
2026-03-04 15:128d ago
Bitcoin jumps above $73K as $463M in short liquidations shake crypto market
The cryptocurrency market staged a sharp rebound over the past 24 hours, with Bitcoin climbing above the $73,000 mark as a wave of short liquidations rippled across derivatives markets.
Liquidation data shows that more than $463 million in short positions were wiped out during the move, compared with roughly $79.9 million in long liquidations, highlighting a strong imbalance that favored bullish momentum.
The liquidation spike suggests a classic short squeeze, in which traders betting on falling prices were forced to close their positions as the market moved higher.
Bitcoin leads the rally Bitcoin was trading around $73,770 at the time of writing, up 8% over the past 24 hours. The move pushed the asset back above a key psychological threshold after recent periods of consolidation.
Source: TradingView
The sudden upward momentum likely triggered forced liquidations among leveraged short traders, accelerating the rally as exchanges automatically closed positions.
Altcoins follow with broad gains The rally was not limited to Bitcoin; major altcoins also posted strong gains over the same period.
Ethereum rose 9.66% to around $2,173, while Solana climbed 8.94% to roughly $92.69. XRP gained 7.23%, trading near $1.46, and BNB advanced 4.64% to about $662.
Among large-cap tokens, Dogecoin recorded the strongest move, surging 15.06% over the past 24 hours.
The broad-based gains suggest renewed risk appetite across the market rather than a Bitcoin-only price move.
Liquidation imbalance signals short squeeze Liquidation data shows a significant imbalance between bearish and bullish positions.
Total short liquidations reached approximately $463.56 million, while long liquidations totaled about $79.9 million. This indicates that traders positioned for downside were disproportionately affected by the price surge.
Source: Coinglass
Such imbalances often occur when markets move quickly against heavily leveraged positions, triggering cascading liquidations that can intensify volatility.
Market momentum returns The latest price action suggests bullish momentum has returned to the crypto market in the short term, with traders rotating back into risk assets after recent volatility.
While liquidation-driven rallies can sometimes cool once forced position closures subside, the scale of the short squeeze highlights how quickly market sentiment can shift when leverage builds up on one side of the trade.
Final Summary Bitcoin rose above $73,000, helping drive a broad rally across major cryptocurrencies. The move triggered roughly $463 million in short liquidations, pointing to a short squeeze that amplified upward momentum across the market.
2026-03-04 21:007d ago
2026-03-04 15:138d ago
After Backlash, Solana's SANAE Token Team Announces Compensation and Revamp
The team behind the Solana-based SANAE token, led by the NoBorder project and entrepreneur Yuji Mizoguchi, issued a public apology following communication failures that inadvertently involved Japan’s Prime Minister, Sanae Takaichi. After reaching a market capitalization of $27.7 million and subsequently plummeting, the organizers took full responsibility for the confusion caused among investors and the government office.
— 溝口勇児 | 連続起業家 (@mizoguchi_yuji) March 4, 2026 This news had an immediate impact, especially after the stateswoman denied any link to the asset, which heightened concerns regarding wallet concentration. In response to the price collapse and public scrutiny, the team executed a snapshot on March 4 to identify affected holders and proceed with a compensation plan aimed at mitigating financial losses.
The next step for the project includes a radical name change, a deep review of its operational structure, and the creation of an expert committee to ensure future transparency. Investors should closely monitor the final details of the compensation plan and potential intervention by Japanese financial authorities, while the team maintains that liquidity keys have been burned to demonstrate their good faith.
Disclaimer: Crypto Economy’s Flash News is compiled from official and public sources verified by our editorial team. Its purpose is to provide quick reports on relevant facts within 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.
2026-03-04 21:007d ago
2026-03-04 15:208d ago
Massive ETH Outflow From Binance to Anonymous Wallet as Price Turns Green
Whale Alert detected a transfer of 77,000 ETH from Binance. The transaction occurred when ether’s price reached $2,000. An anonymous wallet received the funds on March 3. On March 3, 2026, a computer program that tracks large crypto transactions recorded a move. The program, Whale Alert, posted data showing that 77,000 ether coins left the Binance exchange. At that time, the price of ether was near $2,000. The total value of the transaction was about $152.6 million.
A separate wallet received the funds. The owner of that wallet is not known to the public. The transfer happened at a time when world events made stock markets fall, but digital assets like ether were gaining value.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 77,000 #ETH (152,621,215 USD) transferred from #Binance to unknown wallethttps://t.co/y9zaa16Blf
— Whale Alert (@whale_alert) March 4, 2026
When large amounts of coins move off an exchange, people who watch these markets often take notice. However, moving coins to a private wallet does not mean the owner plans to sell them right away.
The first and most common explanation is storage An investor who buys a large number of coins on an exchange will often move them to a personal wallet. This keeps the coins under their direct control. Personal wallets that are not connected to the internet, often called cold wallets , are seen as safer than leaving funds on an exchange.
Another possibility is that the coins were moved to prepare for staking. The Ethereum network allows owners to lock up their coins to help run the network and earn rewards. This process requires moving ether from an exchange to a specific type of wallet. The transaction could also be an exchange moving funds between its own wallets. Companies that run exchanges sometimes move money in the background for security or organization.
There is also the chance that this move was part of an over-the-counter (OTC) trade. In an OTC trade, two parties agree on a price and exchange assets directly. This type of deal avoids placing a large buy or sell order on the public market, which can shift the price.
Around the same time, another address bought 4,900 ETH on Binance. A market maker called GSR also moved 3,000 ETH. These were smaller transactions but happened in the same period.
The money left the exchange. The reasons for this type of move are usually simple. An investor bought a large amount of ether and decided to hold it themselves.
2026-03-04 21:007d ago
2026-03-04 15:258d ago
Bitcoin ETFs Extend Gains With $225 Million Inflow
Bitcoin exchange-traded funds (ETFs) recorded a second consecutive day of inflows with $225 million added, while ether funds slipped into outflows. XRP and solana ETFs maintained positive momentum, keeping broader crypto ETF sentiment mixed but resilient.
2026-03-04 21:007d ago
2026-03-04 15:308d ago
Bitcoin Price Prediction: Fed Rate Cut Hints Send BTC Flying Past $72K — Is a Mega Rally Starting?
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Last updated:
30 minutes ago
The crypto market just caught a strong macro hint that fueled a bullish Bitcoin price prediction.
BTC pushed above the key $72,000 level after investors reacted to new signals that the Federal Reserve could still cut interest rates.
The breakout helped revive optimism across the broader crypto market.
The rally accelerated after comments from Federal Reserve official Stephen Miran, who reiterated support for potential rate cuts despite ongoing inflation concerns. He argued the labor market still shows signs of weakness and could benefit from easier monetary policy.
Not everyone at the Fed shares that view. Recent meeting minutes show several policymakers remain cautious about easing too quickly, noting that inflation has stayed above the 2% target for years.
Geopolitics added another layer to the narrative. Reports that Iran had reached out to the United States about possible talks helped lift risk sentiment across global markets, even as tensions in the region remain elevated.
Bitcoin Price Prediction: Is a Larger Rally Forming?Bitcoin finally did what traders had been waiting for.
Price pushed through the descending trendline that had been squeezing the market for weeks and reclaimed $72,000.
That level was rejected several times before, so breaking it is the first real shift in short-term momentum.
Source: BTCUSD / TradingViewIf Bitcoin holds above $72,000 and flips it into support, the upside opens quickly. $80,000 is the first target, then $84,000, with $90,000 back in the conversation if momentum builds.
But the breakout still needs proof. If price slips back below $72,000, the move could fade and drag Bitcoin back into the old range. In that case, $64,000 becomes the key support again, with $60,000 as the next major floor.
For now, the barrier is broken. The next few sessions will show whether this is the start of a real rally or just another fake breakout.
Bitcoin Hyper: Could This Layer-2 Be The Next Big Thing?Bitcoin Hyper ($HYPER) aims to address one of Bitcoin’s biggest problems: speed and usability.
Right now, Bitcoin is mostly something people just watch on a chart and hope it goes up. Bitcoin Hyper wants to change that.
The idea is simple. Use Solana-style speed to make Bitcoin faster, cheaper, and actually usable for things like payments, staking, and real apps, while still leaning on Bitcoin’s security.
And people are clearly paying attention. The presale has already raised over $32 million, with $HYPER currently trading at $0.0136751 before the next price jump.
Staking is also part of the appeal. Early participants can earn up to 37% rewards right now, which is exactly the kind of yield that tends to attract early momentum.
To buy HYPER before it lists on exchanges, simply visit the official Bitcoin Hyper website and connect a wallet (such as Best Wallet).
Visit the Official Bitcoin Hyper Website Here
2026-03-04 21:007d ago
2026-03-04 15:308d ago
Brief Ethereum Recovery Coincides With Record-Breaking Levels Of Address Expansion
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Ethereum saw a brief bounce, which pushed its price above the $2,000 mark, but this upward move seems lost its momentum and has fallen below the level. Amid this, ETH’s price bounce on Tuesday comes a notable spike in the network’s on-chain activity and the creation of new wallet addresses.
Ethereum Activity Spikes to Historic Levels Even though the broader cryptocurrency market appears highly volatile, Ethereum investors are moving against the current trend and exhibiting renewed bullish sentiment. This renewed euphoria toward the leading altcoin is shown by a sudden wave of fresh investors entering the market each day.
Santiment, a popular market intelligence and on-chain data analytics platform, took to the X platform to share this rise in network activity amid a brief bounce. Ethereum’s price has briefly increased, and a more interesting narrative is now developing beneath the surface.
As ETH attempts to stabilize above the $2,000 level after recent volatility, bulls and bears are currently battling over whether the resistance will be breached in the long run. In the meantime, on-chain data indicates a significant increase in user involvement, which shows a historic spike in the creation of new wallets and total network activity.
Source: Chart from Santiment on X Using the 30-day averages, there has been an increase in fresh addresses and network activity on a daily basis. The chart shared by Santiment shows that there are over 837,200 active ETH wallet addresses per day, representing more than 80% rise in comparison to 5 years ago.
When compared to 10 years ago, this figure marks an over 1,135% spike. The increase in new addresses may indicate new funding, a resurgence of interest, or the reactivation of previously excluded players joining the ecosystem.
In terms of new Ethereum wallet addresses, there have been over 284,800 created per day. This number represents a +64% uptick compared to 5 years ago and a more than 1,967% increase compared to 10 years ago. A steady increase in wallet creation often signals deeper network usage and growing popularity, which may trigger a larger price surge.
A Historic Pattern Unfolding On The ETH Chart Despite the bearish market conditions, Ethereum is forming a key pattern that would flip the altcoin towards the upside. According to Coinvo Trading, a full-time crypto trader on X, the impending ETH move “is going to shock the entire world.”
After examining the altcoin’s performance on the weekly time frame, Coinvo Trading highlighted that the same Rainbow pattern that occurred in previous cycles before every major ETH rally has returned. When ETH retests the middle of the Rainbow chart, the altcoin usually blows up.
The altcoin is currently retesting the same level after hitting it once more. Should history repeat itself, ETH could be set for one of its most significant rallies. While investors are sitting on the sidelines waiting for a sign of an upswing, the expert stated that this repeating rainbow pattern is the signal they have been anticipating.
ETH trading at $2,004 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com
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2026-03-04 21:007d ago
2026-03-04 15:308d ago
Altseason Mentions Hit Extreme Lows: Is Dogecoin About To Benefit?
Data shows social media mentions related to “altseason” have hit a low recently, something that has often been relevant for Dogecoin in the past.
Altseason Social Volume Has Plummeted In a new post on X, analytics firm Santiment has talked about the latest trend in the Social Volume of “altseason.” The Social Volume refers to an indicator that tracks the weekly total number of posts/messages/threads on the major social media platforms that contain mentions of a given term or topic.
Since Santiment has filtered the metric for altseason here, its value would provide a look into the amount of comments that are discussing the possibility of an altcoin season.
As the below chart shows, this indicator’s value has declined recently, indicating that interest in the altcoin market has gone down.
How the Social Volume for this term has changed over the last couple of years | Source: Santiment on X In the same graph, the analytics firm has also attached the data for the Dogecoin price. Santiment’s reasoning behind doing so is that “‘altseason’ is synonymous with FOMO and greed toward more speculative, emotionally driven assets like $DOGE, meme coins, or hyper-volatile and often mid to lower cap altcoins.” As such, the Social Volume of the term altseason can contain hints about interest around DOGE itself.
Historically, digital asset markets have often tended to be affected by the sentiment among the retail crowd. The relationship between the two, however, has generally been an inverse one, meaning that hype can lead to tops while despair to bottoms.
This same pattern has emerged in this chart as well. It would appear that a high value on the altseason Social Volume has been bearish for Dogecoin during the last two years, while low levels have acted as local bottom signals.
With the recent decline in the altseason Social Volume, its value has dropped to an extreme low. Considering the past pattern, it’s possible that this market disinterest could allow the memecoin to rebound.
It only remains to be seen, however, how Dogecoin and other altcoins will develop in the near future. Santiment has cautioned that the metric isn’t a perfect trading signal, noting that “disinterest in altcoins doesn’t always necessarily justify an imminent alt surge.”
In related news, social media sentiment related to Bitcoin saw a sharp surge just before the asset’s Monday rally to levels near $70,000, as the analytics firm has highlighted in another X post.
The positive comments related to BTC saw a spike on social media | Source: Santiment on X While Bitcoin initially rallied, that specific run fizzled out, which could be a potential consequence of it being fueled by retail greed.
DOGE Price At the time of writing, Dogecoin is floating around $0.093, down 1% in the last seven days.
The trend in the price of the memecoin over the last five days | Source: DOGEUSDT on TradingView Featured image from Dall-E, chart from TradingView.com
2026-03-04 21:007d ago
2026-03-04 15:318d ago
A sucker's rally? Why Bitcoin analysts say BTC price must hold $70K
Bitcoin (BTC) is up 8% on Wednesday to trade above $73,000, a level that has stopped every recovery attempt over the last three weeks. Analysts reveal why Bitcoin must hold $70,000 to secure the recovery.
Key takeaways:
Profit-taking on rallies to $70,000 must cool down for a sustained breakout in BTC price.
Bitcoin must hold support at $68,000 -$70,000 to confirm the recovery.
BTC/USD daily chart. Source: Cointelegraph/TradingViewProfit-taking must be absorbed with strong buying After a sixth straight weekly close in the red, Bitcoin has finally broken above the $64,000-$70,000 range, which has defined its price action over the last three weeks.
Glassnode highlights that Bitcoin’s struggle to break above $70,000 was due to repeated spikes in realized profit near this level, signaling heavy profit-taking.
The chart below shows that each time the 12-hour-SMA of the net realized profit-and-loss metric spiked above $5 million per hour, the price stalled and reversed at the $69,400 range high.
This region continues to cap every recovery attempt, as seen on Feb. 19, Feb. 25, and Tuesday.
This absorbs upward momentum in a thin liquidity environment, “reflecting the fragility of the current demand structure,” the onchain data analytics company said.
For BTC to remain above $70,000, the “level of profit-taking has to be absorbed without triggering rejection,” Glassnode added.
Bitcoin net realized profit and loss, USD. Source: GlassnodeMeanwhile, private wealth manager Swissblock said that after nearly 30 days of “extreme risk” at 100, the Bitcoin risk index is cooling down.
This shift toward low risk could spark a bullish rally, enabling Bitcoin to stay above $70,000.
“While it remains at an elevated reading for now, a return to a low-risk environment could catalyze the next bullish leg, with initial targets at $83K and a potential extension toward $110K.” Bitcoin risk index. Source: Swissblock
As Cointelegraph reported, compressed volatility, strengthening ETF flows and a diminished Coinbase discount suggested Bitcoin’s downtrend is slowing, raising the chances of a short-term rebound.
Bitcoin price must hold $70,000 as supportBitcoin’s 21% recovery from its multi-year lows below $60,000 has seen its price reclaim key support levels, including the 200-day exponential moving average (SMA) at $68,000 and the psychological $70,000 level.
“For any prolonged upside from this point, Bitcoin would need to reclaim the EMA as support” in the weekly time frame, analyst Rekt Capital said in a recent X post, adding:
“Until proven otherwise, the EMA is acting as a resistance.” BTC/USD weekly chart. Source: Rekt CapitalA daily candlestick close above $70,000 “would be good for markets,“ fellow analyst Ted Pillows said in an X post on Wednesday, adding:
“If Bitcoin fails to hold above the $70,000 zone, expect a retest of the $65,000-$66,000 support zone.” BTC/USD two-day chart. Source: Ted PillowsGlassnode’s short-term holder (STH) cost-basis distribution heatmap reveals the biggest cluster below $70,000, where investors acquired about 230,000 BTC over the past month.
Holding above the STH supply clusters is a key prerequisite for regaining momentum for a decisive breakout.
Bitcoin STH cost basis distribution heatmap. Source: GlassnodeAs Cointelegraph reported, breaking above the symmetrical triangle’s resistance line at $70,000 would strengthen the case for a sustained push toward $75,000 before the end of the month.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
2026-03-04 21:007d ago
2026-03-04 15:448d ago
Ethereum Foundation Targets Trust Role in AI Ecosystem
TLDR The Ethereum Foundation plans to position Ethereum as a trust layer for AI systems. The organization will focus on coordination and verification instead of building AI models. Davide Crapis said Ethereum can serve as a public verification layer for autonomous agents. The foundation supports ERC-8004 to standardize agent identity and trust. The strategy promotes privacy, local AI processing, and stronger cryptographic security. The Ethereum Foundation has outlined a strategy to position Ethereum as a trust layer for AI systems. The organization said it will not compete in building large AI models. Instead, it plans to anchor identity, payments, and verification for autonomous agents.
Ethereum Foundation Outlines Coordination Role for AI Agents The Ethereum Foundation said it will focus on coordination rather than raw AI computation. Davide Crapis, the AI lead at the EF, presented the plan at NEARCON 2026. He said Ethereum can serve as a “public, governance-less verification layer for AI.”
He explained that AI systems now handle trades, applications, and software tasks. However, centralized control could weaken decentralization and privacy. “If AI doesn’t have the properties we care about, and then we use AI for everything, basically no one has those properties anymore,” Crapis said.
He stated that Ethereum can help agents identify themselves and build trust. The network can also route payments and anchor cryptographic proofs. Heavy computing will remain off-chain on traditional servers.
The EF has supported standards such as ERC-8004 for agent identity and trust. Crapis said developers outside Ethereum have shown interest in these standards. He compared the system to a decentralized review network combined with payment rails.
He said Ethereum can maintain transparent histories for agents. Those records can help assess reputation and past actions. As a result, agents can transact without relying on centralized platforms.
Ethereum Extends Core Principles to AI Security and Privacy The Ethereum Foundation also aims to bring privacy and censorship resistance into AI systems. Crapis referred to this effort as “Props AI” inside the organization. The program promotes privacy, openness, and security in AI design.
He warned that centralized AI services can build detailed user profiles over time. Queries and usage patterns can reveal personal data. Therefore, the EF supports more local AI processing on user devices.
“We want to create a world where users retain as much data and power as possible,” Crapis said. He added, “We just don’t give it to operators.” The approach seeks to limit unnecessary data transfer to large platforms.
Security forms another part of the initiative. Crapis predicted that AI systems will automate cyberattacks and impersonation. “We will probably see hacks orchestrated by AI,” he said.
He argued that traditional authentication models may fail under AI-driven impersonation. In response, he emphasized the importance of cryptographic keys. Control of a private key provides mathematical proof of ownership.
“In a world where AI is in the wild, we want Ethereum to be the place with the big lock,” Crapis said. He added, “If I have the keys, I still have power.” The EF described the AI program as one of several ongoing priorities.
2026-03-04 21:007d ago
2026-03-04 15:458d ago
GMX is rallying after its DAO admitted two years of buybacks failed to lift prices
The native token of GMX, the decentralized perpetuals exchange built on Arbitrum, is in the middle of a rally after its governing body approved an overhaul of its buyback strategy over “limited effectiveness.”
The overhaul follows a public admission that its two years of token buybacks have done little to move the market.
The token is trading at $7.61 as of the time of writing, an 18.2% increase over the preceding month, as traders absorbed the implications of one of the more candid self-assessments seen from a decentralized autonomous organization in recent memory.
The GMX DAO’s Buy Back and Distribute program has repurchased more than 2 million GMX tokens since the end of 2024, a volume roughly equal to the total circulating supply across centralized and decentralized exchanges at the program’s inception.
The price, nonetheless, remained suppressed. The DAO came to the conclusion that the culprit was liquidity and structural supply dynamics on centralized exchanges that no amount of open-market buying could offset.
What is the GMX DAO actually changing? The new plan by the GMX DAO will consolidate liquidity by withdrawing approximately 600,000 GMX tokens from treasury-controlled positions on Uniswap and Trader Joe, and then redeploying them into GMX’s own liquidity pools and its Solana-based platform GMTrade.xyz. According to the protocol, it will be targeting around 2% of the market cap in combined on-chain depth.
Secondly, all staking rewards will not be distributed directly to holders but redirected to the treasury, effective from Wednesday, March 4.
Those accumulated rewards will only be released once GMX trades above $90, and only proportionally to stakers who have maintained at least 80% of their peak staked balance throughout the waiting period.
Any breach of that threshold condition will result in forfeiture of all accumulated rewards with no exceptions. Also, a one-week buy-wall of 1 million GMX will be placed at $5 on on-chain exchanges to absorb any concentrated selling overhang.
Others join GMX in questioning buybacks The reckoning at GMX is part of a wider disillusionment with open-market repurchases as a tokenomics tool. Across the industry, protocols spent more than $1.4 billion buying back their own tokens between January 1 and October 15, 2025, according to CoinGecko data.
Despite these efforts, prices for many of those tokens continued to fall. Jupiter, the leading decentralized exchange aggregator on Solana, spent over $70 million on JUP token repurchases across the year, roughly half its total protocol fee revenue.
The effort proved insufficient against $1.2 billion in scheduled token unlocks. Today, JUP has fallen by over 90% from its peak, and in January 2026, co-founder Siong Ong opened a public debate about halting the program entirely.
Siong asked on X, “what do you all think if we stop the JUP buyback?”
He also answered the same question in the same post, stating, “We spent more than 70m on buyback last year, and the price obviously didn’t move much. We can use the 70m to give out for growth incentives for existing and new users.”
Are there models that actually work? Hyperliquid is most often cited as the counterexample when it comes to buybacks. The derivatives exchange deployed over $644 million in HYPE token repurchases in 2025, accounting for over 46% of all token buyback spending across the industry, and the funds came from trading fees that exceeded $100 million in August 2025 alone.
In December 2025, the Hyper Foundation proposed burning approximately $920 million worth of HYPE held in its Assistance Fund, making the supply reduction permanent. HYPE is up by 0.81% in the past 30 days, while Bitcoin and Ethereum are both down more than 5.7% and 6.8%, respectively, over the same period.
Hyperliquid’s buybacks are funded from surplus trading revenue, automated, and result in permanent supply destruction. Jupiter’s were funded by diverting operating revenue and manually executed, and the tokens were locked rather than burned, meaning they could eventually return to circulation.
GMX’s new approach attempts to bridge the gap via treasury accumulation, as with Hyperliquid, combined with a hard lock-up and price-triggered distribution mechanism designed to reward only long-term holders. It’s not fully possible to gauge the success of the new strategy, as it just got off the ground.
2026-03-04 21:007d ago
2026-03-04 15:508d ago
Bitwise's XRP ETF Becomes the Largest in the U.S. Market
Bitwise’s spot XRP ETF trading under the ticker $XRP has officially become the largest fund of its kind in the United States, following a surge of $10 million in weekly inflows that pushed it ahead of competing products. The milestone was confirmed by Bitwise CEO Hunter Horsley earlier today, marking a significant development in the rapidly expanding U.S. market for spot XRP exchange-traded funds.
The Bitwise Asset Management product now leads the domestic XRP ETF segment with $269.05 million in assets under management. The strong weekly inflow was decisive in allowing the fund to overtake its closest rivals in what remains a highly competitive landscape. In a public statement, the firm expressed gratitude to investors for entrusting Bitwise with their capital.
According to comprehensive market data from SoSoValue, the sector continues to demonstrate steady capital accumulation, including $7.53 million in daily net inflows and nearly $39 million in trading volume recorded on March 3.
Competition among issuers remains tight. Canary’s XRPC fund follows closely behind Bitwise with $262.17 million in assets, while Franklin Templeton’s XRPZ holds $230.20 million, securing the third position.
21Shares and Grayscale complete the top five issuers, managing $166.96 million and $72.49 million respectively. The narrow asset gap between the leading funds suggests that leadership in the segment could shift again depending on future inflow.
Source: Report on Bitwise XRP ETF
Disclaimer: This content is for informational purposes only and does not constitute financial advice or an investment recommendation. Cryptocurrency-related investment products are volatile and involve significant risk.
2026-03-04 21:007d ago
2026-03-04 15:538d ago
Bitcoin Surges Past $73K as Analyst Signals Rally Has More Room to Run
Inflows into spot Bitcoin ETFs have exceeded $780 million so far this week. On-chain data suggests there is sparse supply resistance between the $72,000 and $81,000 levels. Analyst Ali Martinez projects that the price could extend toward $84,000 if buying pressure persists. Optimism is sweeping the crypto market as Bitcoin leads a rally that has taken it above $73,000, a figure the asset had not reached since early February. The pioneer cryptocurrency’s price action marks a notable recovery that, according to experts, has solid fundamentals to continue its upward trajectory in the short term.
The momentum stemmed from the massive accumulation by spot Bitcoin ETFs, which absorbed nearly $776 million last week. Consequently, institutional demand continues to outpace available supply, providing critical support for the price to remain stable at high levels.
In this regard, Ali Martinez revealed that on-chain data paints a favorable setup for bulls. By crossing the $72,000 technical barrier, Bitcoin has entered a low-resistance density zone, which will allow for a more fluid advance toward new targets.
Key Factors Behind the Low On-Chain Resistance Through the analysis of the Unrealized Price Distribution (URPD), it is evident that the largest cluster of resistance was near $70,685. Having overcome this hurdle, the path to $81,000 appears clear, as there are few historically established sell levels within that range.
Furthermore, the pace of ETF inflows shows no signs of exhaustion, already totaling $789 million in just the first few days of March. This constant flow of fresh capital acts as an engine driving the asset’s technical structure toward a major expansion.
In summary, if the current momentum manages to consolidate, the next major challenge will be located between $83,300 and $84,500. Traders are closely watching these levels, as a confirmed close above them would invalidate any immediate bearish thesis and open the door to renewed all-time highs.
2026-03-04 20:007d ago
2026-03-04 13:498d ago
Dogecoin Makes Nasdaq History With First-Ever Dog Bell Ringing as DOGE Surges 13%
Kimchi, a Shiba Inu, became the first dog to appear at a Nasdaq bell ringing event as Dogecoin's TDOG ETF launched and DOGE surged nearly 13%.
A Shiba Inu named Kimchi has made history. On February 18, the dog became the first canine ever to appear at a Nasdaq bell ringing event, marking a milestone that blends internet culture with institutional finance in a way few could have predicted.
The event was tied to the launch of 21Shares' Dogecoin ETF, trading under the ticker TDOG. House of Doge, Dogecoin's official corporate arm, coordinated Kimchi's appearance through a community-driven campaign called "ChooseMyShibe," hosted on X. The campaign generated more than 1.2 million impressions globally, reflecting the reach and enthusiasm of the Dogecoin community.
Kimchi's owner won the campaign and earned the right to bring their dog to one of Wall Street's most iconic ceremonies. The moment was not staged by a corporation. It came from the community, and that distinction matters.
From Meme to Market: Dogecoin's Evolving IdentityDogecoin launched in 2013 as a joke. Over a decade later, it has a dedicated corporate entity, a spot ETF, and a dog on the floor of Nasdaq. The trajectory is difficult to ignore.
House of Doge framed the bell ringing as evidence of Dogecoin's transition from internet novelty to recognized financial and cultural brand. That framing is not without merit. The presence of an ETF product on a major exchange signals that institutional interest has moved beyond speculation. Asset managers now see Dogecoin as a vehicle worth structuring regulated investment products around.
The grassroots campaign that brought Kimchi to Nasdaq reinforces something else: retail communities still hold significant influence in how crypto assets are perceived and promoted. The combination of institutional products and community engagement is increasingly how crypto projects attempt to sustain relevance across different investor segments.
Dogecoin Price ReboundsAlongside the cultural milestone, Dogecoin's price moved sharply on Wednesday. The token rose 13.7% in the last 24 hours, climbing from a session low of $0.087 to $0.1017 at the time of writing.
The rebound was not isolated to Dogecoin. Broader crypto markets recovered after a sell-off earlier in the week, with Bitcoin and major altcoins posting gains across the board.
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Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.
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2026-03-04 20:007d ago
2026-03-04 13:528d ago
Western Union and Crossmint Join Forces for USDPT Stablecoin Rollout
TLDR Western Union partners with Crossmint to expand access to the USDPT stablecoin. USDPT is a dollar-pegged stablecoin built on the Solana blockchain. Anchorage Digital Bank will issue the USDPT token. Crossmint will integrate its wallet and payment APIs with Western Union’s Digital Asset Network. Fintech platforms will settle transactions on Solana using USDPT. Western Union has partnered with Crossmint to expand access to its USDPT stablecoin on Solana. The companies plan to connect blockchain wallets with Western Union’s global payout network. The rollout targets faster international transfers and will begin during the first half of 2026.
Western Union introduced USDPT last October as a dollar-pegged stablecoin built on the Solana blockchain. Anchorage Digital Bank will issue the token while partner exchanges will support trading.
Crossmint will integrate its wallet and payment APIs with Western Union’s Digital Asset Network. The integration allows fintech apps to settle Solana transactions and convert balances into local currency.
Western Union said the system links stablecoin transfers with more than 360,000 collection locations worldwide. Those locations operate across over 200 countries where customers already collect remittance payments.
Crossmint co-founder Rodrigo Fernández Touza described stablecoins as a foundation for global treasury movement. He said Western Union maintains one of the most established payout networks in international payments.
Western Union and USDPT Integration on Solana Western Union will route USDPT settlements through Solana to support faster blockchain transaction processing. The company said the network handles high throughput and suits payment-focused digital assets.
Crossmint will provide embedded wallets so fintech platforms can hold and transfer USDPT. Those platforms will also access payment APIs that connect directly with Western Union payout services.
Malcolm Clarke said the partnership connects global wallets with Western Union’s trusted payment infrastructure. He added that the design supports digital platforms that require direct settlement and cash conversion.
Developers using Crossmint tools will access USDPT through programmable secure wallet infrastructure. The system lets applications settle payments on Solana before converting funds through Western Union outlets.
Digital Asset Network Connects Stablecoins With Cash Payouts Western Union plans to launch a Digital Asset Network to link stablecoins with cash access points. The network will connect digital wallets with existing remittance infrastructure worldwide.
The company said more than 360,000 payout locations will support conversions from stablecoins into local currencies. These outlets already serve customers who collect transfers through Western Union agents.
Crossmint currently provides embedded wallet services and cross-chain stablecoin infrastructure to thousands of clients. The firm counts more than 40,000 businesses using its digital asset development tools.
Ribbit Capital and Franklin Templeton back Crossmint as investors in its blockchain infrastructure platform. The company focuses on tools that help developers integrate wallets and tokenized payments.
2026-03-04 20:007d ago
2026-03-04 13:528d ago
Morgan Stanley Picks Coinbase, BNY Mellon as Custodians for Planned Bitcoin ETF
In brief Morgan Stanley's amended S-1 names BNY Mellon and Coinbase Custody as custodians for its spot Bitcoin ETF. The SEC has not yet approved the Morgan Stanley Bitcoin ETF for trading. The bank's digital assets head says Morgan Stanley plans to build in-house Bitcoin custody, trading, and lending capabilities. Morgan Stanley intends to custody Bitcoin related to its proposed Morgan Stanley Bitcoin Trust with The Bank of New York Mellon and Coinbase Custody Trust Company, the firm said in an amended copy of its S-1 registration on Wednesday.
The setup is similar to that used by existing Bitcoin ETFs, like BlackRock's iShares Bitcoin Trust. IBIT initially relied on Coinbase alone for its Bitcoin custody, but added Anchorage as a second custodian in April 2025. The BlackRock Bitcoin fund also uses BNY, but as its cash custodian and administrator.
The Wall Street giant first filed its S-1 registration for the spot Bitcoin ETF in January. It also filed to register Ethereum and Solana ETFs. At the time, the firm hadn't provided any details about who it intended to use as custodian for its Bitcoin fund.
The new Bitcoin ETF has not yet been approved for trading by the Securities and Exchange Commission.
Morgan Stanley's suite of planned crypto ETFs are just one step towards a fuller embrace of cryptocurrency, according to Amy Oldenburg, the bank's recently appointed digital assets strategy head.
She said last week that the bank will "absolutely" offer Bitcoin custody, trading, yield, and lending services in time.
Oldenburg said the investment bank has looked at the market and decided that it needs to build its own in-house capabilities before rolling out Bitcoin offerings to its clients.
"We really need to build this out internally. We can't just primarily rent the technology to do this. People expect Morgan Stanley—they trust our brand—to be no-fail," she said while speaking to Strategy CEO Phong Le last week at a conference in Las Vegas. "When you sit in that position, you have a significant responsibility to your clients to make sure that you're delivering that in any level of technology."
When Le asked her how much the investment bank estimates its clients hold in cryptocurrency—and therefore, currently, off its banking platform—Oldenburg said it's "a considerable number." But she added that she doesn't necessarily expect the bank's clients to want to move all their BTC into their custody solutions.
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2026-03-04 20:007d ago
2026-03-04 13:558d ago
Capitulation Over? Analysts See ‘Extreme Resilience' in Bitcoin's Rise to $73K
Bitcoin defied broader market volatility by surging to a high of $73,792, rekindling the debate about its “digital gold” status. The cryptocurrency has climbed 10% since Monday, pushing its market cap to $1.46 trillion.
2026-03-04 20:007d ago
2026-03-04 13:588d ago
Peter Brandt Flips Bullish, Predicts Bitcoin Rally As Price Holds Above $70k
Bitcoin price surged above $70,000, trading at $73,187 at press time, up by 7.52% in 24 hours and by 6.48% weekly. The move comes despite geopolitical fears and rising oil prices, as crypto markets extend gains. Veteran trader Peter Brandt said this week that the current setup could signal a shift from the bearish trend that followed October’s peak.
Bitcoin Price Action Prompts Peter Brandt’s Shift Peter Brandt’s comment follows months of bearish calls after the October high. Brandt previously lowered his BTC price crash target, with him projecting a longer-term cycle bottom around October 2026.
However, his latest remarks suggest a near-term change. He addressed the latest Bitcoin price structure in a post on X. He said, “I view this as potentially the significant change of price behavior since the top in Oct.”
According to Brandt’s shared chart, Bitcoin formed a clear bearish structure from the late October peak near $127,500. Price then broke below $105,000 and later lost key support around $82,500. That breakdown confirmed downside momentum and led to a sharp drop toward the $65,000 to $60,000 zone.
Source: Peter Brandt
A brief recovery attempt failed, which led to another sell-off before February’s low. However, Bitcoin price now trades near $73,187, consolidating inside a short-term rising channel. Immediate resistance is between $75,000 and $78,000. Support levels are at $65,000 and then $60,000.
Tom Lee and Analysts Weigh In Following Brandt’s post, Bitmine chairman Tom Lee reacted to Brandt’s post on X, writing, “Potential inflection/ change Bitcoin.” Recently, as CoinGape reported, Lee said the structure is looking like the makings of a bottom. Tom Lee pointed to a possible March turnaround to support broader crypto recovery.
Meanwhile, analyst Ted Pillows cited Coinbase data to highlight demand. According to him, the Coinbase Bitcoin Premium reached its highest level since October 2025. He described the activity as continuous buying pressure.
Source: Ted
In addition, Milk Road analyzed repeated Bitcoin price resistance near $71,500. He noted that Bitcoin faced four rejections at that level within a month. However, he argued that supply conditions may be shifting.
Milk Road pointed to $225.2 million in Bitcoin ETF inflows in one day and $458.2 million the previous day. That totals nearly $700 million in 48 hours. He also added that such flows could push year-to-date ETF totals back into positive territory.
Source: Milk Road
Tariff Pressure and Policy Developments Despite the positive price momentum, macro risks remain in focus. U.S. Treasury Secretary Scott Bessent said a 15% global Trump tariff rate will likely begin this week, which could influence the Bitcoin price. He added that rates could return to prior levels within five months.
However, policy developments also matter. Milk Road cited comments from President Donald Trump regarding the crypto market bill, or CLARITY Act. Trump urged lawmakers to pass market structure legislation quickly, framing crypto regulation as critical for U.S. competitiveness.
According to Milk Road, the proposed bill would provide regulatory clarity for institutional investment beyond major tokens like Bitcoin, Ethereum, and Solana. It could further boost the Bitcoin price and broader crypto market outlook. He argued that combined ETF inflows, potential seller exhaustion, and legislative support create a different setup from prior rejection attempts.
2026-03-04 20:007d ago
2026-03-04 14:008d ago
Can ADA Price Still Surge? Cardano Founder Says The Best Is Yet To Come
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Cardano founder Charles Hoskinson is refusing to join the chorus of crypto pessimists. In a recent podcast appearance, Hoskinson delivered a bullish message to a rattled investor base, insisting that the crypto market’s greatest chapter is still unwritten. Although he champions the crypto industry’s bullish future, Hoskinson has not shied away from sounding the alarm on legislation he believes could impede it.
Hoskinson Says Crypto’s Strongest Era Is Still Ahead Speaking on Wendy O’s podcast, Hoskinson made his position clear on the crypto industry’s trajectory. In simple terms, Hoskinson noted: “I think our best days are ahead of us as a market.”
Hoskinson’s comment follows the broader thinking among many crypto participants. Many crypto participants and commentators would agree that the industry has not yet reached its peak ppotential andthat higher valuations are still within reach as adoption deepens and infrastructure matures.
This is not the first time the Cardano founder has pushed back against bearish views, but his latest comments arrive at a particularly sensitive moment for the market, lending them added weight among investors looking for direction.
His optimism, however, is not without caveats on the regulatory front. In a separate X broadcast, Hoskinson described the CLARITY Act as horrific. The crypto market structure bill is advancing through the US Congress, and stakeholders believe it will be passed anytime soon.
However, according to Hoskinson, the CLARITY Act will effectively treat every crypto asset as a security by default and create bureaucratic attack vectors that could allow the SEC to dismantle future American crypto projects. He also flagged the bill’s failure to protect DeFi protocols, prediction markets, and stablecoins, including a provision banning yield on stablecoin balances.
On the other hand, crypto figures like Ripple CEO Brad Garlinghouse have expressed support for the CLARITY Act, with the premise that imperfect legislation is better than none.
ADA Under Pressure, But DeFi Growth Is Positive Hoskinson’s optimism comes within a context of mounting global challenges. The escalating Israel-Iran conflict has led to global risk aversion, and crypto has been no exception. ADA was caught in the selloff, sliding to a low of $0.260, while Bitcoin dropped to $63,500 during the initial selloff. Bitcoin, however, is now back above $70,000 at the time of writing, and ADA is also pushing above $0.27.
Related Reading: What’s The Beef Between Cardano And XRP? Here’s Why The Communities Are Clashing
Interestingly, there are on-chain signals that show Cardano’s ecosystem is quietly gathering strength. The stablecoin to DeFi TVL ratio on Cardano has jumped from around 10% last June to 32% today, roughly tripling in less than a year. In just the past seven days alone, USDCx liquidity pushed Cardano’s stablecoin supply from $33 million to $47 million, a 42% surge.
That said, a significant portion of Cardano’s DeFi TVL is denominated in ADA itself, meaning the recent price drop has reduced dollar-denominated TVL and mechanically inflated the stablecoin ratio.
ADA trading at $0.27 on the 1D chart | Source: ADAUSDT on Tradingview.com Featured image from Unsplash, chart from Tradingview.com
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2026-03-04 20:007d ago
2026-03-04 14:008d ago
Riot mines 5,686 BTC and earns $647mln in 2025 – Yet its stock barely moved
Riot Platforms has recently released its full-year 2025 results, and the numbers show a clear case of rapid growth but rising pressure on profits.
The company reported record revenue of $647.4 million, marking a 72% increase compared to 2024, when it recorded $376.7 million in revenue.
This revenue came as a result of producing 5,686 BTC during the year, compared to 4,828 BTC mined in 2024, reflecting an expansion in its mining operations.
Riot’s CEO weighs in Remarking on the same, Jason Les, CEO of Riot, said,
“2025 marked a watershed year for Riot, defined by a strategic evolution in our business that has transformed our future trajectory.”
Adding to the sentiment, he said,
“Supported by record annual revenue of $647 million and $302 million in gross profit, Riot has never been in a stronger position. I am incredibly excited about our momentum as we build the next generation of digital infrastructure.”
The company also generated $64.7 million in engineering revenue, compared to $38.5 million the previous year, supported by efficiencies from its ESS Metron acquisition.
Where does the company stand? Riot reportedly maintains a strong liquidity position, holding 18,005 Bitcoin [BTC], worth about $1.6 billion based on a year-end price of $87,498, along with $309.8 million in cash, including $76.3 million in restricted funds.
However, when we take a look at the charts from 2025, there is a clear gap that investors seem to be noticing.
Throughout the year, Bitcoin’s price kept rising, despite short-term volatility, and eventually ended the year at around $87,498.
However, the stock of Riot Platforms moved mostly sideways and failed to follow Bitcoin’s upward momentum, which is unusual for mining companies that typically move more aggressively than BTC itself.
Source: Google Finance
This gap reflects a bigger shift in the mining industry. Even though Bitcoin’s price is increasing, the cost of mining it is rising even faster.
This is supported by the fact that Riot’s reported average cost to mine one BTC reached $49,645 in 2025, up sharply from $32,216 in 2024.
Key reasons behind the rising cost and more One major reason behind the rising cost to mine Bitcoin was the 47% increase in the global network hash rate. This meant greater competition and higher computing power were required to mine each Bitcoin.
However, Riot entered 2026 with a strong liquidity position.
The company held 18,005 BTC, worth roughly $1.6 billion at current prices. This gave Riot time to expand its data center strategy and offset rising mining costs.
Overall Bitcoin miner revenue data Zooming out from Riot, Bitcoin Miner Revenue has shown several spikes in recent years. These spikes often appeared during major bull market phases.
However, long-term data since Bitcoin’s 2009 launch told a different story. Miner Revenue gradually declined relative to the network’s overall growth.
Source: Glassnode
Every Bitcoin halving historically reduced miner revenue by cutting block rewards in half. This forced miners to rely more on higher Bitcoin prices and transaction fees.
These factors became critical to maintain profitability after each halving cycle.
Recent data still showed short-term revenue surges during Bitcoin price rallies.
However, the broader trend pointed to growing pressure on mining profitability. In 2026, the industry also faced trade tariffs, geopolitical tensions, and economic uncertainty.
Against this backdrop, Riot Platforms’ revenue trajectory remained uncertain. The company may expand revenue streams or face another challenging year.
Final Summary Much of the revenue increase was driven by higher Bitcoin prices, not purely operational improvements. The sideways movement of Riot’s stock suggests investors remain cautious about the company’s long-term margins.
2026-03-04 20:007d ago
2026-03-04 14:008d ago
Dogecoin Is Skyrocketing Today -- Is the Cryptocurrency a Buy Right Now?
Dogecoin (DOGE +15.66%) is seeing a big valuation gain in Wednesday's trading. The meme coin's token price has risen 13.6% over the past 24 hours as of 2 p.m. ET. Meanwhile, Bitcoin was up 7.2%, and Ethereum was up 8.6%.
The crypto market is a sea of green in today's session, with investors pouring back into digital tokens in response to a The New York Times report this morning indicating potential negotiation offramps that could bring an end to the U.S. and Israel's war with Iran. According to the report, Iran's Ministry of Intelligence is willing to discuss terms that could halt the conflict. Despite gains today, Dogecoin is still down 13% across 2026's trading and 86% from its lifetime high.
Image source: Getty Images.
Is Dogecoin a buy right now? If the U.S., Israel, and Iran can reach the terms needed to bring an end to the war, Dogecoin could see a significant valuation boost. A prolonged conflict threatens to deter the Federal Reserve from cutting interest rates because elevated oil prices and supply chain issues could lead to higher inflation. Additional rate cuts are at the center of the bullish thesis on Dogecoin and most other cryptocurrencies this year, and a quick end to the war makes it more likely that they will arrive.
Today's Change
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On the other hand, I think there's a good chance that the trend of investors rotating into high-quality, less-speculative assets that has shaped much of this year's trading will reassert itself. With that in mind, I believe investors should hold off on buying Dogecoin right now.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy.
2026-03-04 20:007d ago
2026-03-04 14:008d ago
Scaling Ethereum For Mainstream: Robinhood's Head Of Crypto Lays Out The Vision
As demand for digital assets continues to accelerate, scaling solutions have become one of the most important challenges facing Ethereum. In a recent discussion, Robinhood’s Head of Crypto outlined the company’s ambitious strategy to tackle this problem by building its own ETH Layer-2 network to serve mainstream users. Rather than merely participating in the broader ecosystem, Robinhood aims to solve core usability barriers that have hindered mass adoption.
Why Ethereum Needs To Scale For Mass Adoption Robinhood’s head of crypto explains why they’re building an Ethereum layer-2. According to a video that was reported on X by Etherealize, Robinhood stated that many companies are launching their own layer-1 blockchain to gain full control over their ecosystems. Meanwhile, Robinhood is excited about the idea of building a stack, but creating the security of a real, proper, decentralized chain is extremely difficult, and only ETH can offer that for free.
In contrast, many newer layer-1 chains may appear as decentralized alternatives, but they often lack meaningful validator distribution or long-term security guarantees. Without deep decentralization, some of these chains risk becoming little more than a fancy database, slower than the actual database, and there’s no meaningful value in that.
Robinhood explains that ETH can offer security by default, and the second major factor that the company considered in choosing to build a layer-2 on top of ETH was liquidity, which is on every EVM-compatible chain, and was also an important decision factor for the company.
However, if the long-term goal is to bring traditional assets such as stocks on-chain, it will require liquidity, and this won’t be possible if it’s in a closed loop or closed chain that no individual can assess. For the company, these two elements were the main focus, which is why they decided to build on ETH.
ETH’s Role In The Sanctuary-Tech Movement Ethereum Daily revealed on X that Vitalik Buterin emphasized that ETH should not be reduced to a speculative finance tool or technology fad. Instead, it should be part of a foundational layer within a broader sanctuary-technology infrastructure ecosystem designed to provide an open-source, censorship-resistant way for individuals to store value, coordinate, and communicate safely without relying on centralized gatekeepers.
The idea goes beyond simple transactions. This includes building persistent digital spaces, programmable money, multigeniture wallets for collective asset security, and government contracts that allow communities to make decisions transparently and autonomously. When these components are integrated across all layers from user wallets to hardware, they form resilient digital islands capable of operating independently of any single authority.
By limiting concentrated control and distributing power through code, ETH can help create systems that enable users to retain custody, privacy, and security in a chaotic geopolitical environment.
ETH trading at $2,071 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Peakpx, chart from Tradingview.com
2026-03-04 20:007d ago
2026-03-04 14:018d ago
Bitcoin's Future Depends on People, Not Politicians
Bitcoin’s path forward gets shaped by everyday users more than government rules. That’s what crypto experts said at a big summit in New York on March 3, where hundreds of Bitcoin fans and market watchers came together to hash out where the digital currency goes next.
The message was pretty clear from the start. People will decide Bitcoin’s fate, not some bureaucrat in Washington or Brussels. Maria Lopez, who tracks blockchain trends for a living, put it best when she told the crowd: “Bitcoin is as strong as the people who use it.” Her words got heads nodding all around the room. Lopez has been watching crypto markets for eight years, and she’s seen how community support can make or break digital currencies. The analyst pointed to Bitcoin’s journey from a weird internet experiment in 2009 to today’s trillion-dollar market as proof that grassroots adoption matters more than fancy regulations.
But regulatory pressure keeps building anyway.
SEC Chair Gary Gensler won’t stop pushing for tighter rules around crypto trading and investments. He wants to protect regular folks from getting burned while keeping markets honest. Crypto advocates think too much regulation kills innovation before it can flourish. The balance stays tricky, and nobody’s figured out the sweet spot yet.
Bitcoin’s decentralized setup makes it hard for governments to control, which is kind of the whole point. Unlike dollars or euros, Bitcoin doesn’t have some central bank calling the shots. That fundamental difference drives politicians and regulators crazy because they can’t just flip a switch to change how it works. Despite all the regulatory noise, Bitcoin keeps gaining ground as both a way to store value and actually buy stuff.
Recent numbers show more people are jumping on the Bitcoin train. El Salvador shocked everyone in 2021 by making Bitcoin legal money alongside their regular currency. President Nayib Bukele’s bold move showed other countries what’s possible, even if plenty of economists called it reckless. Critics still point to Bitcoin’s wild price swings and environmental impact as reasons why normal people should stay away.
The price volatility is real. Bitcoin can swing thousands of dollars in a single day, which makes your grandmother’s financial advisor break out in hives. But crypto enthusiasts see those price moves as growing pains, not fatal flaws. The blockchain technology underneath Bitcoin keeps attracting attention from tech companies and investors who care more about long-term potential than daily price charts. More on this topic: Bitcoin Smashes ,000 Barrier as Crypto.
Environmental concerns aren’t going away either. Bitcoin mining eats up massive amounts of electricity, and that bothers people who worry about climate change. Industry leaders are scrambling to find greener solutions, like using solar power for mining operations or developing more efficient computer chips. Some mining companies are already switching to renewable energy sources, but the transition takes time and money.
Big investors are getting more comfortable with Bitcoin despite the risks. Tesla bought billions worth of Bitcoin, and MicroStrategy keeps adding more to their corporate treasury. When major companies start treating Bitcoin like a legitimate asset, that sends a signal to other businesses and investment funds. Their involvement brings credibility that Bitcoin couldn’t get from retail investors alone.
Economist James Ritter spoke at the same March 3 summit about grassroots Bitcoin movements around the world. He talked about local Bitcoin meetups in Argentina and Nigeria, where people teach each other how to use cryptocurrency during economic crises. Ritter said these community efforts matter more than whatever politicians decide in capital cities. In Argentina, where inflation runs wild, Bitcoin offers people a way to protect their savings from their own government’s monetary policies.
Crypto trader Lisa Chen brought up Bitcoin’s recent price action during a panel discussion. The cryptocurrency bounced between $40,000 and $45,000 in just one week, which made some investors nervous but excited others. Chen told the audience: “For those who understand the market’s dynamics, volatility can be leveraged for significant gains.” She’s been trading Bitcoin since 2017 and has learned to work with the price swings instead of fighting them. For more details, see BlackRock Pumps 5 Million into Bitcoin.
The European Central Bank dropped a statement on March 3 warning about Bitcoin’s risks to financial stability. ECB officials worry about money laundering and market manipulation in unregulated crypto markets. But even the central bank admitted that public interest in Bitcoin keeps growing, and they need to figure out how to deal with that reality. European regulators are trying to write rules that don’t kill innovation while still protecting consumers.
Fintech entrepreneur Raj Patel talked about Bitcoin’s impact on sending money across borders. He cited World Bank data showing how Bitcoin-based services cut costs and speed up transfers for workers sending money home to their families. In the Philippines, overseas workers can now send Bitcoin instead of using expensive wire transfer services. Patel said these real-world use cases prove Bitcoin’s value beyond just speculation and trading.
Central banks are working on their own digital currencies, called CBDCs, which might compete with Bitcoin or complement it. Nobody knows yet how that plays out. Some think government digital currencies will make Bitcoin obsolete, while others believe they’ll just make people more comfortable with digital money in general.
Bitcoin has survived market crashes, regulatory crackdowns, and technical problems over its 15-year history. The community stays optimistic because they’ve seen Bitcoin bounce back from worse situations. As long as people keep believing in the technology and using it for real purposes, Bitcoin probably sticks around regardless of what regulators decide.
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2026-03-04 20:007d ago
2026-03-04 14:048d ago
CoinShares Lists BNB Staking ETP With Zero Fee on SIX Swiss Exchange
TLDRCoinShares Lists BNB Staking ETP on SIX Swiss ExchangeZero-Fee Structure and Staking RewardsGet 3 Free Stock Ebooks CoinShares launched the BNB Staking ETP (CBNB) on the SIX Swiss Exchange. The product carries a 0.00% annual management fee. The ETP distributes a projected 0.25% annual staking yield to investors. The product is fully backed by on-chain BNB held in institutional custody. CoinShares previously charged 1.5% management fee on its earlier BNB ETP. CoinShares launched a zero-fee BNB staking exchange-traded product on SIX Swiss Exchange today. The product holds BNB on chain and distributes staking rewards to investors. The listing expands CoinShares’ regulated crypto offerings beyond earlier Bitcoin and Ethereum products.
CoinShares listed the BNB Staking ETP under the ticker CBNB on SIX Swiss Exchange. The issuer backs the product fully with on-chain BNB held in institutional custody.
CoinShares confirmed that custodians store the underlying BNB while the ETP mirrors market price movements. CEO Jean Marie Mognetti said the launch reflects the maturation of digital asset markets.
He said investors seek regulated access to assets beyond Bitcoin and Ethereum. The firm, therefore, expanded exchange-traded products tied to alternative blockchain networks.
BNB Chain supports large decentralized finance activity across trading, lending, and payment applications. Network data shows that more than 302 million transactions occur daily across the ecosystem.
The network also reports over 171 billion dollars locked in decentralized finance protocols. CoinShares said this scale supports institutional interest in products linked to BNB.
Zero-Fee Structure and Staking Rewards The BNB Staking ETP carries a zero percent annual management fee. CoinShares previously charged 1.5 percent on its earlier BNB exchange-traded product.
Instead of fees, the structure distributes projected staking rewards directly to investors. CoinShares estimates the BNB staking yield near 0.25 percent annually.
Proof-of-stake networks generate rewards when validators secure blockchain transactions. Many earlier crypto ETP issuers retained those rewards instead of distributing them.
CoinShares said the new structure returns those rewards rather than absorbing them internally. The company, therefore, presents the yield separately from management fees for investors globally.
CoinShares launched similar zero-fee staking ETPs in early 2026. The lineup includes products linked to Solana, Ethereum, and Toncoin.
The firm also introduced a Hyperliquid ETP under ticker LIQD in February. That product offers about 0.5 percent staking yield with the same fee structure.
CoinShares also launched a Sei ETP that targets about a 2% staking yield. All products maintain zero percent management fees across the staking suite.
The BNB Staking ETP still tracks BNB market price movements without built-in hedging. Validators on BNB Chain may face slashing penalties if they fail protocol requirements.
Staked tokens can also experience temporary network lockups during validator operations or maintenance periods across the staking infrastructure used widely.
Maxwell Mutuma
Maxwell is a crypto-economic analyst and blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
2026-03-04 20:007d ago
2026-03-04 14:118d ago
Sui Debuts Sui Dollar and Redirects Treasury Yield to Strengthen Its Ecosystem
Sui introduces USDsui, a stablecoin that reinvests Treasury bond yields back into its own network. The infrastructure is backed by Bridge (owned by Stripe) and managed by Galaxy Digital’s asset division. The model aims to create a compounding effect through SUI token buybacks and liquidity injection into protocols. Sui has launched the native stablecoin USDsui, designed to transform value capture within its digital environment. Unlike traditional models such as Tether, this stablecoin ensures that profits generated by reserve assets do not remain solely in the hands of the issuers.
The project features high-level infrastructure issued by Bridge—which was recently acquired by Stripe—and is supported by the institutional management of Galaxy Digital. Thanks to this collaboration, the coin will meet rigorous compliance standards, a decisive factor given the current tightening of global asset regulations.
USDsui Yield and Liquidity Mechanisms The revenue flow is the primary differentiator for this asset, as the yield from U.S. Treasury bills returns to the ecosystem. This capital is used to execute SUI token buybacks, reducing its circulating supply, and to deepen liquidity across automated market makers (AMMs).
Currently, the stablecoin market on Sui reaches $500 million, a figure analysts consider small compared to its transfer volume. The initial deployment of $10 million into the suiUSDe vault marks the operational start of this strategy for compound and sustainable growth.
Technically speaking, the SUI/USDT pair shows signs of an early recovery after trading near $0.96, an increase of 3.13%. The price is attempting to break above the 100-period Simple Moving Average (SMA), which could invalidate the bearish structure that has prevailed since the highs recorded in January.
In summary, the RSI indicator stands at 62.81, reflecting growing buying pressure but with sufficient room before reaching overbought levels. To confirm a solid trend reversal, bulls must break through the $1.00 psychological resistance, a key level that will define the market’s short-term bias.
Bitcoin (CRYPTO: BTC) surged 7% in a single day move to $73,000, as heavy ETF inflows and improving technical structure combine to support price despite lingering macro uncertainty. Is It A Relief Rally Setup?
2026-03-04 20:007d ago
2026-03-04 14:198d ago
Bitcoin Roars Back: Here's What Drove a 7% Surge In the World's Largest Cryptocurrency Today
Cryptocurrency investors have been well rewarded for owning Bitcoin (BTC +7.48%) and other risk assets in recent years. That's a trend many have started to question in recent weeks, as the price of Bitcoin has been more than halved from its late-2025 highs in a relatively short span.
Today's Change
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That said, with Bitcoin now surging 7.1% over the past 24 hours (as of 1:45 p.m. ET) and nearing the psychologically important $75,000 level once again, it appears we're seeing a reversal of the intense negative sentiment that has driven most risk assets lower over the past few months.
Here's more on what's behind Bitcoin's move today, and what investors may want to make of this recent rally.
What's juicing Bitcoin today?
Source: Getty Images.
Of course, the sentiment discussion is a big deal when it comes to talking intraday price moves in Bitcoin or any other digital asset, for that matter. On that front, the overall sentiment index in the crypto sector has improved to 15/100. That's still indicative of "extreme fear" in the market, but it's a notable improvement from what we've seen over the past few weeks, when this metric was in single-digit territory.
There are several reasons why sentiment is improving, with market participants now appearing to look through various geopolitical engagements the Trump administration has pursued over the past two weeks. Wars and other economic policies continue to shift quickly, impacting the valuations of all risk assets. As the leading digital asset (a sector that's particularly sensitive to macroeconomic changes), it's been a rough ride for Bitcoin investors looking to accurately price uncertainty in today's market.
On the positive side of the ledger, a recent report citing core developments on the Bitcoin blockchain in 2025 appears to be providing something tangible for investors to latch onto. Additionally, strong ETF inflows noted in spot Bitcoin ETFs early this year do indicate that the institutional adoption narrative is far from dead.
Ultimately, we'll have to see how market participants look to position their portfolios for the remainder of 2026. Currently, the macro backdrop appears more uncertain than we've seen in some time. Thus, I'll be happily watching Bitcoin's price action from the sidelines for the time being.
Chris MacDonald has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.
2026-03-04 20:007d ago
2026-03-04 14:208d ago
Dogecoin Pumps as Bitcoin Pops, Reversing Recent DOGE Losing Streak
In brief Dogecoin (DOGE) is leading all top 100 market cap tokens on Wednesday, jumping more nearly 15% in the last 24 hours. Meanwhile, Bitcoin and Ethereum have jumped 7.7% and 10%, respectively. Other meme coins like PEPE and BONK have also seen sizable price jumps in the last 24 hours. Leading meme coin Dogecoin (DOGE) is up nearly 15% in the last 24 hours as Bitcoin’s jump to almost $74,000 has led to a strong rebound in crypto prices.
Dogecoin is currently the largest gainer among the top 100 cryptocurrencies by market cap over the last day, per CoinGecko. By comparison, Bitcoin is up about 7.7% in the last 24 hours at $73,961, with Ethereum showing a 10% leap to $2,183.
The surge has helped recover DOGE losses from the last month, which now sit at just 6% as the token trades around $0.102. At that mark, the largest meme coin by market cap still sits inside the top 10 of all crypto tokens by that metric, according to data from CoinGecko.
The pop culture token is also one of a handful of crypto assets with a spot ETF trading in the United States, having earned approvals from the SEC for issuers like Bitwise and Grayscale late last year.
But those ETFs haven’t seen much action, with just more than $7 million in total inflows collectively since their inception, according to data from SoSoValue. That figure pales in comparison to the flows hitting Bitcoin and Ethereum ETFs, which have brought in more than $55 billion and $11 billion, respectively—albeit since 2024 for both.
Nevertheless, centralized exchange volumes for the asset place it right alongside some of the ecosystem’s biggest trading pairs, like on Binance where it generated more than $197 million in volumes in the USDT trading pair over the last 24 hours. That’s 50% higher than volumes for the BNB-USDT trading pair on the exchange, according to data from CoinGecko.
Other popular meme coins have had a fruitful 24 hours as well, like Ethereum-based PEPE and Solana’s BONK, which have jumped 8.8% and 7.5% in the last 24 hours, respectively. The pair are now trading at $0.00000535 and $0.0000056.
The pair have helped buoy the meme coin category as a whole, which has only risen around 5% in the last day of trading.
Another notable mover include last cycle’s meme coin darling Fartcoin (FARTCOIN), which has jumped nearly 12% to $0.18. At that price, though, the token sits around 93% below its all time high of $2.48 from January 2025.
The day that Fartcoin achieved its all-time high, President Trump launched his official meme coin—TRUMP—on the Solana blockchain. And while most leading memes are posting outsized gains on the day, the President's official meme coin is only up 1.2% in the last 24 hours, recently changing hands at $3.46. At that mark, the token is now more than 95% off its all-time high.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2026-03-04 20:007d ago
2026-03-04 14:228d ago
Kraken Fed Access Could Drive Bitcoin Services in US Banks: Lummis
TLDR Kraken secured access to a Federal Reserve master account through Wyoming’s special-purpose depository institution framework. Senator Cynthia Lummis said the approval could advance Bitcoin adoption within traditional banking institutions. Kraken became the first digital asset firm to gain access to the Federal Reserve’s payment rails. Lummis stated that regulators can now apply safety and soundness standards to digital asset institutions like Kraken. Kraken has secured access to a Federal Reserve master account through Wyoming’s special-purpose depository institution framework. Senator Cynthia Lummis said the approval brings digital asset firms closer to traditional banking services. She stated that the decision could advance Bitcoin adoption within regulated financial institutions.
Kraken secures Fed Access Through Wyoming Framework Kraken became the first digital asset company to gain access to the Federal Reserve’s payment rails. The firm used Wyoming’s special-purpose depository institution structure to obtain approval. As a result, the company can now access certain Fed services under regulatory standards.
Lummis said the Federal Reserve recognized the importance of digital assets within the United States. She explained that regulators can now apply safety and soundness standards to firms like Kraken. “The Fed finally recognized the importance of this asset embedded in the US,” Lummis told CNBC.
She added that partial access to the Fed allows integration of the US dollar with digital assets. Therefore, Kraken can begin linking dollar-based services with crypto operations. Lummis said this step helps align digital asset institutions with federal oversight.
The senator predicted closer ties between banks and crypto companies. She said banks may acquire digital asset firms, and crypto companies may purchase banks. “In the future, you’re going to see banks buying digital asset companies,” she said.
She also described a model where banks offer both fiat and digital services. Customers could access US dollar accounts and Bitcoin services under one institution. Lummis said this shift would shape a 21st-century financial services structure.
Bitcoin Adoption and Proposed Crypto Tax Reform Lummis addressed her proposed tax reform during the interview. She introduced the measure in July to adjust capital gains treatment for small crypto payments. Lawmakers are now reviewing a $300 threshold for exempt transactions.
The proposed de minimis exemption would cover small purchases made with digital assets. Americans could spend Bitcoin on daily transactions without triggering capital gains taxes. Lummis said lawmakers aim to simplify crypto use as a payment method.
“The challenge is trying to figure out how you can use Bitcoin as a means of exchange without paying a capital gains tax on it,” she said. She chairs the Senate Banking Subcommittee on Digital Assets. The subcommittee oversees legislative efforts related to crypto regulation.
Lummis also discussed ongoing negotiations over digital asset legislation. The House approved a version of the bill that seeks clearer regulatory standards. However, Senate discussions continue without a final agreement.
She said Republican members have accepted many Democratic proposals during negotiations. “We’ve given over 90 of the requests that the Democrats had of us to them,” Lummis said. Senate talks remain ongoing as lawmakers seek a consensus on the measure.
2026-03-04 20:007d ago
2026-03-04 14:258d ago
Circle Shares Rally After Mizuho Target Hike Tied to Inflation and Fed Rate Outlook
Circle shares climbed this week after analysts at Mizuho raised their price target for the USDC stablecoin issuer to $100, pointing to rising oil prices and shifting Federal Reserve expectations as key drivers.
Bitcoin’s strong recovery above $74,000, backed by solid inflows into the US spot Bitcoin ETFs, suggests the formation of a short-term bottom.
Several major altcoins are attempting to take part in the recovery by rising above their overhead resistance levels.
Bitcoin (BTC) bulls made a strong comeback on Wednesday by pushing the price to $73,800. A positive sign in favor of the bulls is that the recovery attempt is backed by buying in US spot BTC exchange-traded funds, which have seen $683.3 million in inflows this week per SoSoValue data.
Some analysts believe that BTC could be bottoming out. VanEck CEO Jan van Eck said on CNBC that BTC is in the fourth year of its four-year cycle, where it rises for three years and then plunges in the fourth year. He said that his firm believes BTC is close to a bottom and is expected to gradually start rising this year.
Crypto market data daily view. Source: TradingViewIn a separate market update, 10x Research said that BTC did not plunge on risk-off headlines, indicating that the downside pressure might be reducing. However, the analysts said that BTC remains in a bear market, calling the bullish exposure “tactical rather than structural.”
Could BTC and select major altcoins build upon their recovery? Let’s analyze the charts of the top 10 cryptocurrencies to find out.
Bitcoin price predictionBTC’s symmetrical triangle pattern resolved to the upside with a break above the resistance line, indicating solid buying by the bulls.
BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe BTC/USDT pair may reach the $74,508 level, where the sellers are expected to pose a substantial challenge. If the Bitcoin price turns down from $74,508 but rebounds off the 20-day exponential moving average ($68,871), it signals a positive sentiment. That increases the possibility of a rally to $84,000.
On the contrary, if the price turns down sharply from $74,508, it suggests that the bears are attempting to flip the level into resistance. A close below the 20-day EMA will tilt the advantage back in favor of the bears.
Ether price predictionEther (ETH) is attempting to break above the stiff overhead resistance of $2,111, indicating aggressive buying by the bulls.
ETH/USDT daily chart. Source: Cointelegraph/TradingViewA close above the $2,111 level clears the path for a rally to the 50-day simple moving average ($2,381). Sellers will again strive to halt the recovery at the 50-day SMA, as a break above it suggests that the corrective phase may be over.
This bullish view will be invalidated in the short term if the Ether price turns down sharply from $2,111 and nosedives below the $1,907 level. That indicates the ETH/USDT pair may extend its consolidation between $2,111 and $1,750 for a few more days.
BNB price predictionBNB (BNB) surged above the 20-day EMA ($636) on Wednesday, indicating that the bulls have overpowered the bears.
BNB/USDT daily chart. Source: Cointelegraph/TradingViewBuyers will attempt to build upon the momentum and clear the $670 obstacle. If they can pull it off, the BNB/USDT pair may rally to $730. Sellers are expected to defend the $730 level, as a close above it suggests the pair may have bottomed out in the near term. The BNB price may then march toward $790.
Contrarily, if the price turns down sharply from $670, it signals that the rallies are being sold into. That may retain the pair inside the $570 to $670 range for some more time.
XRP price predictionXRP (XRP) has been trading near the 20-day EMA ($1.42) for several days, indicating that the bulls have kept up the pressure.
XRP/USDT daily chart. Source: Cointelegraph/TradingViewIf the price closes above the 20-day EMA, the XRP/USDT pair may ascend toward the downtrend line. Buyers will have to achieve a close above the downtrend line to signal a potential trend change.
Instead, if the XRP price turns down from the 50-day SMA ($1.60) or the downtrend line, it suggests that the bears remain sellers on rallies. That may retain the pair inside the channel for a few more days.
Solana price predictionSolana (SOL) has been consolidating between $76 and $95 for the past several days, indicating demand at lower levels.
SOL/USDT daily chart. Source: Cointelegraph/TradingViewThe flattening 20-day EMA ($86) and the RSI just above the midpoint suggest the selling pressure is reducing. Buyers will attempt to strengthen their position by pushing the Solana price above the $95 level. If they manage to do that, the SOL/USDT pair may surge toward $117.
Sellers are likely to have other plans. They will attempt to defend the $95 level and keep the price inside the range for a while longer.
Dogecoin price predictionThe failure of the bulls to push Dogecoin (DOGE) above the 20-day EMA ($0.10) suggests that the bears continue to exert pressure.
DOGE/USDT daily chart. Source: Cointelegraph/TradingViewThat increases the risk of a drop below the $0.09 support. If that happens, the DOGE/USDT pair may plunge to the Feb. 6 low of $0.08. This is a crucial level to watch out for, as a close below $0.08 may sink the pair to $0.06.
The first sign of strength will be a close above the 20-day EMA. The Dogecoin price may then march to the 50-day SMA ($0.11) and later to the stiff overhead resistance at $0.12.
Cardano price predictionCardano (ADA) turned down from the 20-day EMA ($0.27) on Tuesday, indicating that the bears continue to defend the level.
ADA/USDT daily chart. Source: Cointelegraph/TradingViewA minor positive in favor of the bulls is that they have not given up much ground to the bears. That signals buying on every minor dip, increasing the likelihood of a break above the 20-day EMA. The ADA/USDT pair may then rise to the downtrend line of the descending channel pattern.
Buyers will have to push and maintain the Cardano price above the downtrend line to signal a potential short-term trend change. The pair may then climb to $0.43.
Bitcoin Cash price predictionSellers failed to sustain Bitcoin Cash (BCH) below the $443 level, indicating a lack of selling at lower levels.
BCH/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls are attempting to start a relief rally, which is likely to face selling at the 20-day EMA ($495). If the Bitcoin Cash price turns down sharply from the 20-day EMA, it increases the risk of a break below the $443 support. If that happens, the BCH/USDT pair will complete a bearish head-and-shoulders pattern, starting a downward move to $375.
Buyers will have to achieve a close above the 50-day SMA ($539) to get back into the game. The pair may then climb to $600.
Hyperliquid price predictionHyperliquid (HYPE) bounced off the 20-day EMA ($30.16) on Wednesday, indicating that the bulls are buying on dips.
HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls will attempt to push the Hyperliquid price to the $36.77 resistance, where the bears are expected to mount a strong defense. If the price turns down sharply from the overhead resistance, it suggests that the HYPE/USDT pair may range between $20.82 and $36.77 for some time.
Contrary to this assumption, if the bulls pierce the $36.77 resistance, it signals the start of a new up move. The pair may then rally to $43.50 and subsequently to $50.
Chainlink price predictionChainlink (LINK) has been clinging to the 20-day EMA ($8.96) for the past few days, indicating a tough battle between the bulls and the bears.
LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe flattening 20-day EMA and the RSI near the midpoint suggest that the selling pressure is reducing. That improves the prospects of a rally to the 50-day SMA ($10.10) and then to the breakdown level of $10.94. Buyers are expected to face significant selling pressure in the $10.94 to $11.61 zone.
This positive view will be negated in the near term if the Chainlink price turns down and breaks below the $8 level. The LINK/USDT pair may then retest the Feb. 6 low of $7.15.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
2026-03-04 20:007d ago
2026-03-04 14:308d ago
Morgan Stanley Taps Coinbase and BNY Mellon in Updated Bitcoin ETF Custody Plan
TL;DR: Morgan Stanley updated its SEC filing for its Bitcoin ETF, designating Coinbase Custody and BNY as custodians of the fund. BNY will also take on the roles of administrator, transfer agent and cash custodian within the trust structure.
Bitwise's spot XRP ETF has become the largest fund of its kind in the United States.
Bitwise CEO Hunter Horsley confirmed the milestone earlier today on the X social media network.
The fund, which is trading under the ticker $XRP, secured an impressive $10 million in weekly inflows to push it past its competitors.
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"Grateful to investors entrusting Bitwise to steward their assets," Bitwise said on social media.
As reported by U.Today, Bitwise made a trailblazing move by filing for an XRP ETF back in October 2024.
The current state of XRP ETFsThe broader American market for spot XRP exchange-traded funds is highly competitive and has reached significant financial milestones, currently boasting exactly $1 billion in total net assets.
According to comprehensive market data from SoSoValu, the asset class has attracted a cumulative total net inflow of $1.25 billion since the funds began trading.
The race for the top spot remains incredibly tight across the major issuers.
Bitwise currently leads the pack with $269.05 million in assets under management, but it is closely trailed by Canary's XRPC fund, which holds $262.17 million.
Franklin Templeton’s XRPZ secures the third position with $230.20 million in assets. 21Shares and Grayscale round out the top five issuers in the space, holding $166.96 million and $72.49 million, respectively.
The sector continues to see steady daily accumulation from investors with $7.53 million in total net inflows and nearly $39 million in total value traded on March 3.
2026-03-04 20:007d ago
2026-03-04 14:408d ago
MSTR, COIN Rally as Bitcoin Price Climbs Above $73,000
TLDRMSTR Jumps as Bitcoin Approaches Corporate Average CostCoinbase (COIN) Extends Rally as Policy Debate ContinuesGet 3 Free Stock Ebooks Strategy shares rose 12.3% to $148.94 as Bitcoin climbed above $73,000. Coinbase gained 16.2% to $211.84 and extended its recent rally. Robinhood advanced 8.5% to $82.50 during the broader crypto stock surge. Bitcoin reached a one-month high after ending six straight weekly losses. Strategy purchased 3,015 bitcoin for about $204 million this week. Crypto-linked stocks rallied sharply on Wednesday as Bitcoin climbed above $73,000 and triggered broad buying activity. Strategy, Inc. jumped 12.3% to $148.94, while Coinbase Global advanced 16.2% to $211.84. Robinhood Markets also gained 8.5% to $82.50 as traders reacted to Bitcoin’s one-month high.
MSTR Jumps as Bitcoin Approaches Corporate Average Cost MSTR led the rally as shares climbed 12.3% to $148.94 during Wednesday trading. The stock rebounded after months of losses tied to Bitcoin weakness. Bitcoin moved past $73,000 earlier in the session and lifted sentiment across crypto equities.
Strategy Inc, MSTR
Earlier this week, Strategy purchased 3,015 bitcoin for about $204 million. The company increased total holdings to 720,737 BTC at an average price of $75,985 per coin. The current Bitcoin price now trades close to that corporate average.
Traders covered bearish bets as Bitcoin reversed six straight weekly losses. The price recovery followed five consecutive months of declines in the digital asset. Market participants adjusted positions after heavy shorting linked to fears of escalating conflict in Iran.
Bitcoin mining and crypto services firms also posted gains during the session. Galaxy Digital Holdings rose 15% to $23.78 as Bitcoin momentum strengthened. Marathon Digital increased 6.76% to $9.24 and added $0.59 per share.
Coinbase (COIN) Extends Rally as Policy Debate Continues COIN climbed 16.2% to $211.84 and extended its recent upward trend. Robinhood Markets followed with an 8.5% rise to $82.50. Many crypto-related stocks and altcoins tracked Bitcoin’s advance and closed in positive territory.
Coinbase Global, Inc., COIN
On Tuesday, President Donald Trump met privately with Coinbase Chief Executive Brian Armstrong. The meeting occurred shortly before Trump criticized banks over cryptocurrency legislation. Trump wrote on Truth Social that banks “need to make a good deal with the Crypto Industry.”
He also said it was unacceptable that the GENIUS Act faced threats from banks. The dispute centers on whether crypto exchanges can offer stablecoin rewards with annual percentage yields. Stablecoins are digital tokens that remain pegged to one dollar.
Banks argue that such yields could pull deposits from traditional accounts and reduce lending capacity. Therefore, banking groups have pushed for a ban within pending Senate legislation. Coinbase and other digital asset firms oppose those limits and argue they restrict competition.
In January, Armstrong opposed amendments that would limit stablecoin rewards programs. Senate lawmakers later postponed markup of the bill and left the legislation stalled. The White House has attempted mediation between banks and crypto firms without reaching an agreement.
2026-03-04 20:007d ago
2026-03-04 14:478d ago
Cardano Whale Activity Surges as Massive Token Transfers Rock the Network
Large holders redistributed approximately 230 million ADA tokens over the past week. Analyst Ali Martinez highlights that this volume reflects a strategic portfolio adjustment within the ecosystem. Cardano’s price shows resilience, trading at $0.2704 with a slight daily recovery of 2.4%. Asset transfers have significantly increased in volume within the Cardano ecosystem. Recent data reveals that whale activity in Cardano has resulted in the redistribution of about 230 million ADA in just seven days.
Analysts are often drawn to these types of movements, as they imply changes in liquidity and short-term market sentiment. However, a redistribution does not always mean a direct sale; rather, it may involve internal portfolio adjustments.
Ali Martinez was the one who raised the alarm on March 3 via his X account. His report reveals that major market players are adjusting their exposure ahead of potential episodes of volatility.
Impact of Large Portfolio Repositioning on ADA It is worth noting that whale behavior often precedes general retail market reactions. Because these wallets control substantial liquidity, traders monitor their movements to identify signals of accumulation or distribution.
For the time being, the situation does not necessarily point to an automatic bearish or bullish scenario. Instead, it reflects a transition phase where large holders evaluate whether to take profits or rotate into new strategic positions.
Currently, the price of Cardano is nearing $0.2704, advancing 2.4% in the last 24 hours. Despite the losses accumulated over the past month, the network shows signs of constant activity that keep the community on alert.
In summary, if inflows to exchanges increase, selling pressure could intensify in the coming days. Conversely, if tokens return to cold wallets, we would be looking at a signal of confidence and long-term accumulation.
2026-03-04 20:007d ago
2026-03-04 14:498d ago
Crypto Stocks Jump With Coinbase and Strategy Leading as Bitcoin Spikes
Crypto-linked equities posted strong gains at the Wednesday U.S. open, driven by Bitcoin’s surge above the $72,000 level, a price not seen since early February. The move triggered a sharp rebound following Tuesday’s selloff and reignited risk appetite across the digital asset sector.
The price of Bitcoin climbed to $72,600 at the start of the U.S. session before pulling back toward the $71,500 area, still holding an approximate 5% gain over the past 24 hours. The $70,000 to $72,000 range has acted as a technical ceiling over the past month, making this zone a critical test for the sustainability of the current bullish momentum.
In equities, Coinbase led the advance, jumping more than 12% and reclaiming the $200 level for the first time since late January. MicroStrategy, the largest corporate holder of bitcoin, gained nearly 9% to reach a one-month high. Additional upside was recorded by Galaxy Digital and Robinhood, while Circle extended its weekly rally following its recent earnings report.
Bitcoin miners also staged a recovery after Tuesday’s decline, tracking the strength in the underlying asset. The broader U.S. equity market moved higher as well, with both the Nasdaq and S&P 500 gaining around 1% in early trading, though bitcoin’s relative outperformance stood out against traditional risk assets.
According to Wintermute OTC trader Jasper De Maere, the recent outperformance of digital assets may reflect a rotation of capital away from equities and into crypto markets amid macroeconomic uncertainty. He suggested that stocks and cryptocurrencies currently function as substitute risk assets, meaning slowing inflows into equities could create tactical opportunities for digital assets.
Source: Market report covering Wednesday’s U.S. open
Disclaimer: This content is for informational purposes only and does not constitute financial advice or an investment recommendation. Digital assets and related equities are highly volatile and involve significant risk.
2026-03-04 20:007d ago
2026-03-04 14:508d ago
Bitcoin Soars Above $73K As Spot BTC ETF Buying Frenzy Defies Middle East Unrest
Bitcoin surged to a one-month high above the key psychological $73,000 level, shrugging off the risk-off sentiment that has held back U.S. stocks over the past week amid escalating conflict in the Middle East.
CoinGecko data showed Bitcoin rising 7% on the day, pushing BTC/USD to its highest point in a month. The asset’s breakout above $73,000 after weeks of consolidation has revived bullish momentum among investors.
ETF Buying Spree Fuels Bitcoin’s Upside Push Bitcoin’s latest rally coincided with continued spot Bitcoin ETF inflows for a second consecutive session, even as tensions in the Middle East escalated, with Israel saying it has struck multiple security and command sites in and around Tehran, while Iranian forces have launched strikes on U.S. facilities.
On March 3, the 11 U.S.-listed spot Bitcoin ETFs recorded a combined $225.15 million in net inflows, following about $458 million the previous day, with no fund reporting net outflows on March 2, according to SoSoValue data. The inflows were led by BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in $322 million in net inflows on Tuesday alone.
The turnaround comes after a rocky start to the year for spot Bitcoin ETFs. From mid-October—when Bitcoin began its slide—through late February, the funds saw roughly $9 billion in cumulative outflows.
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While the funds have suffered about $1.1 billion in net outflows for 2026, momentum has shifted in recent sessions. Since Feb. 24, investors have poured in approximately $1.7 billion, signaling a resurgent institutional investor risk appetite after a period of subdued activity.
While ETF inflows are beginning to rebound, overall market sentiment remains firmly negative. The Crypto Fear & Greed Index is still lingering around 10, a level typically associated with “extreme fear.”
That said, geopolitical de-escalation could further bolster ETF inflows, while any further instability will likely drive volatility. Despite the heightened risks, the latest data still points to sustained institutional demand for exposure.
At the time of writing, Bitcoin was trading around $73,760, according to CoinGecko. The premier cryptocurrency has risen more than 6.9% over the past week following the sudden surge, though it remains roughly 41.8% below its all-time high of $126,080 set on October 6, 2025.
2026-03-04 20:007d ago
2026-03-04 14:558d ago
Ripple Expands Payments Platform Into Full-Stack Stablecoin Powerhouse For Banks and Fintechs — Will It Boost XRP Price?
According to a newly released statement from Ripple, the company is gearing up for a major overhaul of Ripple Payments, transforming the platform into a comprehensive infrastructure solution designed to support both fiat and stablecoin transactions end to end.
Ripple Rolls Out Three New Upgrades to Supercharge Its Payments Platform Ripple has expanded Ripple Payments, its global platform linking financial institutions to blockchain settlement rails, to enable a wider stablecoin workflow — covering collection, custody, conversion, and payout — the San Francisco-based fintech firm said Tuesday.
Ripple Payments now gives businesses everything they need to move money globally across fiat and digital rails in one place: collect, hold, exchange, and pay out in both fiat and stablecoins: https://t.co/pbDNA3Nq9Y
— Ripple (@Ripple) March 3, 2026 Companies can now manage collections, custody, currency exchange, and payouts in both fiat and stablecoins through a single provider, eliminating the need to piece together multiple vendors for each stage of the payment and settlement process.
The move puts Ripple in more direct competition with traditional payment providers, as the upgrade aims to reduce reliance on pre-funded accounts and correspondent banking networks, which often lock up capital and slow cross-border transfers.
“For the global financial system to evolve, fintechs and financial institutions need infrastructure that treats digital assets with the same rigor as traditional finance,” said Monica Long, president at Ripple, said in a prepared statement. “Ripple has built the blueprint for blockchain-based enterprise solutions designed to operate at global scale for regulated finance.”
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Ripple said the expansion builds on its recent acquisitions of custody and treasury firm Palisade and Rail, a platform that allows customers to hold and exchange fiat currencies and stablecoins. Ripple purchased Rail last August in a $200 million deal.
Will Ripple’s Continued Operational Growth Impact XRP Price? Ripple is also advocating for stablecoins to enable instant settlements, allowing businesses to avoid pre-funding large balances in multiple countries. To support this, the company leverages its dollar-pegged stablecoin, RLUSD.
RLUSD represents a modest yet expanding portion of the global stablecoin market, with a circulating supply of roughly $1.5 billion.
According to Ripple, Ripple Payments is now active in over 60 markets and has handled more than $100 billion in transaction volume to date. The company highlighted participants in the network, including Switzerland’s AMINA Bank, Brazil’s Banco Genial, Malaysia’s ECIB, and the Philippines’ AltPayNet.
These milestones come amid a wider surge in stablecoin adoption across the financial system, with global annual transaction volumes hitting $33 trillion last year and stablecoins now representing 30% of all on-chain transaction activity.
Leveraging XRP within the Ripple Payments network enables transactions to settle in seconds and at a cost of just fractions of a cent — significantly cheaper and faster than traditional systems like SWIFT.
XRP climbed to $1.46, up 7.4% over the past 24 hours, recovering most of the losses from the weekend’s slide after U.S. and Israeli strikes on Iran fueled a market whipsawing.
On the one hand, expanding adoption of the underlying infrastructure could draw additional institutional capital into XRP, potentially supporting further price appreciation. On the other hand, the token’s valuation may continue to be shaped largely by broader macroeconomic trends, liquidity cycles, and shifts in investor sentiment.
2026-03-04 19:007d ago
2026-03-04 13:418d ago
Gold Is Up 17% This Year but Reddit Just Shifted From Buying GLD to Googling Coins
In the midst of a chaotic news cycle, the SPDR Gold Trust (NYSEARCA:GLD) is trading at $468.24 as of Tuesday morning, down 1.37% over the past week, even as it sits 18.12% higher year-to-date. Tensions around the Strait of Hormuz have pushed retail investors toward gold, but the pullback over the past week raises a fair question: Is this a sustainable crisis premium, or fear-buying that’s already fading?
For the moment, the macro backdrop is pulling investors in two directions. The 10-year Treasury yield has fallen to 4.033%, its lowest point in 12 months, removing a key headwind for gold. Meanwhile, falling yields reduce the opportunity cost of holding a non-yielding asset like GLD, giving the crisis premium real structural support. At the same time, the dollar strengthened on March 2, with the USD/EUR pair closing at 0.85540 after an intraday spike to 0.85670, which historically pressures gold prices. That tug-of-war explains why GLD’s weekly dip hasn’t turned into a rout.
The VIX tells a story of moderate, not extreme, fear. At 21.44 and up 22.9% over the past month, it sits well below the 52.33 spike seen in April 2025. Gold’s Hormuz premium is being priced with measured anxiety, not blind panic-buying.
Reddit’s Gold Sentiment: From Celebration to “How Do I Actually Buy This?” Retail sentiment on Reddit peaked at 78 on February 23, when r/stocks was buzzing about gold’s eight-month winning streak and its historic divergence from the S&P 500. By March 3, that score had slipped to 47 to 68, reflecting a shift from celebration to consolidation. The most active thread this week is about the logistics of buying physical gold.
This infographic provides a detailed look at GLD’s current price and performance, along with a bullish social sentiment score, as of March 3, 2026. Key drivers for the sentiment include geopolitical tensions and falling 10-year treasury yields. How, what, and where to buy physical gold?
by u/[OP] in investing “How, what, and where to buy physical gold? With everything going on geopolitically, I’ve been thinking about adding some physical gold to my portfolio but have no idea where to start — coins vs bars, dealers vs mints, storage options. Any advice appreciated.” That post drew 133 comments, a sign that new retail participants are entering the trade rather than experienced holders adding to positions. The tone across r/investing and r/stocks is bullish but increasingly practical.
GLD’s One-Year Rally Suggests This Is More Than a Fear Dip It’s hard to ignore Gold’s 75% one-year gain and 190% five-year gain, which extend far beyond any single geopolitical event. The weekly pullback is real, but it’s occurring against falling real yields, rising oil, and an inflation index that has climbed from 319.7 to 326.5 over the past year. You also have to contend with WTI crude, which is up 9.32% over the past month, confirming that geopolitical risk is being priced across commodities broadly. The stronger dollar is a real counterweight, but with yields at 12-month lows, it hasn’t broken the trend. Whether Treasury yields continue their descent or reverse course will matter more than any single headline out of the Strait of Hormuz.
Raytheon Corporation (RTX) is well-positioned to benefit from heightened global defense spending amid geopolitical uncertainty. RTX's economic moat is reinforced by exclusive products like Tomahawk missiles and critical Pratt & Whitney engines for U.S. military aircraft. I assign RTX a 'Buy' rating, viewing the stock as slightly undervalued relative to peers.
Dycom Industries, Inc. (DY) Q4 2026 Earnings Call March 4, 2026 9:00 AM EST
Company Participants
Callie Tomasso - Vice President Investor Relations & Corporate Communications
Daniel Peyovich - CEO, President & Director
H. DeFerrari - Senior VP, CFO & Treasurer
Conference Call Participants
Sangita Jain - KeyBanc Capital Markets Inc., Research Division
Eric Luebchow - Wells Fargo Securities, LLC, Research Division
Frank Louthan - Raymond James & Associates, Inc., Research Division
Michael Dudas - Vertical Research Partners, LLC
Judah Aronovitz - UBS Investment Bank, Research Division
Richard Choe - JPMorgan Chase & Co, Research Division
Adam Thalhimer - Thompson, Davis & Company, Inc., Research Division
Liam Burke - B. Riley Securities, Inc., Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Dycom Industries, Inc. Fourth Quarter 2026 Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to Ms. Callie Tomasso, Dycom's Vice President of Investor Relations and Corporate Communications. Please go ahead.
Callie Tomasso
Vice President Investor Relations & Corporate Communications
Thank you, operator, and good morning, everyone. Welcome to Dycom's fiscal 2026 Fourth Quarter and Annual Results Conference Call. Joining me today are Dan Peyovich, our President and Chief Executive Officer; and Drew DeFerrari, our Chief Financial Officer.
Earlier this morning, we released our fiscal '26 4th quarter and annual results, along with certain outlook information. The press release and accompanying materials are available in the Investor Relations section of our website, including a new outlook expectation summary document, which provides additional outlook metrics beyond what will be discussed on today's call.
These materials, which we will discuss during today's call include forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Our discussion and these statements reflect our
2026-03-04 19:007d ago
2026-03-04 13:428d ago
Open Text Corporation (OTEX) Presents at 29th Annual Scotiabank Telecom, Media & Technology Conference Transcript
The entrance of Monte Dei Paschi di Siena is seen in San Gusme near Siena, Italy, September 29, 2016. REUTERS/Stefano Rellandini/File Photo Purchase Licensing Rights, opens new tab
CompaniesMILAN, March 4 (Reuters) - Monte dei Paschi di Siena (BMPS.MI), opens new tab has received European Central Bank approval for new by-laws that allow outgoing directors to present a slate of candidates to name a new board, two sources close to the matter said.
The ECB did not immediately reply to a request for comment.
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Nvidia CEO Jensen Huang said the company's recent $30 billion investment in OpenAI "might be the last time" it invests in the artificial intelligence startup before it goes public toward the end of the year.
Huang said the opportunity to invest $100 billion in OpenAI, which was the figure that the two companies touted as part of an infrastructure deal in September, is probably "not in the cards."
"The reason for that is because they're going to go public," Huang said during the Morgan Stanley Technology, Media & Telecom Conference on Wednesday.
Nvidia's $30 billion investment in OpenAI was unveiled as part of a $110 billion funding round that the startup announced on Friday. The round also included a $50 billion commitment from Amazon and a $30 billion commitment from SoftBank.
Huang also mentioned that Nvidia's $10 billion investment in OpenAI rival Anthropic would likely be its last.
This is breaking news. Please refresh for updates.
2026-03-04 19:007d ago
2026-03-04 13:468d ago
Construction Partners (ROAD) is an Incredible Growth Stock: 3 Reasons Why
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
Our proprietary system currently recommends Construction Partners (ROAD - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
Here are three of the most important factors that make the stock of this road and highway construction company a great growth pick right now.
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Construction Partners is 48.2%, investors should actually focus on the projected growth. The company's EPS is expected to grow 29.8% this year, crushing the industry average, which calls for EPS growth of 8.9%.
Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for Construction Partners is 67.8%, which is higher than many of its peers. In fact, the rate compares to the industry average of 3.7%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 28% over the past 3-5 years versus the industry average of 11.8%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Construction Partners. The Zacks Consensus Estimate for the current year has surged 1.9% over the past month.
Bottom LineConstruction Partners has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Construction Partners is a potential outperformer and a solid choice for growth investors.
2026-03-04 19:007d ago
2026-03-04 13:468d ago
Here is Why Growth Investors Should Buy Enova International (ENVA) Now
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
Enova International (ENVA - Free Report) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
While there are numerous reasons why the stock of this online financial services company is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Enova International is 6.7%, investors should actually focus on the projected growth. The company's EPS is expected to grow 21.7% this year, crushing the industry average, which calls for EPS growth of 15.9%.
Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for Enova International is 30.7%, which is higher than many of its peers. In fact, the rate compares to the industry average of 7.1%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 8.4% over the past 3-5 years versus the industry average of -0.2%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The current-year earnings estimates for Enova International have been revising upward. The Zacks Consensus Estimate for the current year has surged 4.9% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made Enova International a Zacks Rank #2 stock, it has earned itself a Growth Score of A based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination positions Enova International well for outperformance, so growth investors may want to bet on it.
2026-03-04 19:007d ago
2026-03-04 13:468d ago
Looking for a Growth Stock? 3 Reasons Why Philip Morris (PM) is a Solid Choice
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Our proprietary system currently recommends Philip Morris (PM - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
While there are numerous reasons why the stock of this seller of Marlboro and other cigarette brands is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthEarnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Philip Morris is 4.8%, investors should actually focus on the projected growth. The company's EPS is expected to grow 12.1% this year, crushing the industry average, which calls for EPS growth of 8.3%.
Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for Philip Morris is 14.6%, which is higher than many of its peers. In fact, the rate compares to the industry average of 11%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 8.8% over the past 3-5 years versus the industry average of 4.8%.
Promising Earnings Estimate RevisionsBeyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Philip Morris. The Zacks Consensus Estimate for the current year has surged 1.5% over the past month.
Bottom LinePhilip Morris has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination positions Philip Morris well for outperformance, so growth investors may want to bet on it.