Kraken-linked tokenized equities platform xStocks plans to launch a rewards program aimed at traders liquidity providers and DeFi builders using its onchain stock tokens.
The initiative dubbed xPoints will track activity across supported trading venues and integrations. Participants can earn points by trading tokenized U.S. equities providing liquidity or using the assets in decentralized finance (DeFi) applications.
Points programs have become a common strategy in crypto to drive early usage of new platforms. In many cases projects later convert accumulated points into governance tokens or other ecosystem rewards. While xStocks has not announced a token yet, the initiative could pave the way for a potential token launch.
xStocks said the points program is meant to align long-term contributors with the growth of its ecosystem. Participants who accumulate points may gain access to future benefits tied to the platform once the program concludes though details have not been disclosed.
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The move comes as tokenized equities have emerged as one of the fastest-growing sectors in crypto. The category now holds more than $1 billion in value locked, tripling in size over the past six months, RWA.xyz data shows.
xStocks said its tokenized stock offering has processed more than $25 billion in transaction volume during the eight months since launch and has expanded across several blockchain networks.
Traditional financial firms have also showing interest in tokenized stocks. Earlier this week, Nasdaq said it plans to work with Kraken to distribute tokenized versions of public stocks to investors outside the U.S., part of a broader push by the exchange operator to bring blockchain infrastructure into capital markets.
Editor’s note: In the UAE market backdrop, geopolitical headlines and oil swings are driving short-term moves even as long-term fundamentals remain the guiding principle for patient investors. This piece previews the context behind the latest downdrafts in the Dubai Financial Market and Abu Dhabi Securities Exchange, highlights which sectors are leading the selling, and sets up what readers should watch as markets react to headlines and macro signals. The aim is to provide a concise, balanced view before the official press release details.
Key points
DFM down ~17% since March 4 reopening; ADX down ~6% over eight sessions.
Banking and property names led the selloff; Emaar, Emirates NBD, Dubai Islamic Bank, Aldar, and First Abu Dhabi Bank hit 5% daily limit-down.
Oil volatility and geopolitical headlines are driving sentiment; intraday moves highlight headline sensitivity.
Defensive, dividend-paying companies may offer stability during volatility.
Why this matters
Volatility is being driven by headlines and macro shifts, with Gulf markets sensitive to oil flows and disruptions in the Strait of Hormuz. While the market treats the oil shock as temporary, sentiment remains fragile. For long-term investors, focusing on solid balance sheets and reliable cash flows can help weather short-term turbulence, as suggested by the analyst commentary.
What to watch next
Look for de-escalation signals or policy actions that could lift Gulf market sentiment.
Monitor upcoming US CPI data and energy prices for hints on global monetary policy and oil direction.
Watch for any shifts in oil markets tied to Middle East developments that could set the tone for sentiment.
Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.
UAE Markets Face Sharp Volatility as Geopolitical Headlines Drive Investor
Investors urged to focus on long-term fundamentals as regional markets react to oil swings and geopolitical developments
Abu Dhabi, United Arab Emirates – March 10, 2026: UAE equity markets have experienced a difficult stretch in recent sessions, reflecting the heightened volatility currently dominating global financial markets. According to market analysis from eToro, the Dubai Financial Market (DFM) has fallen around 17% since reopening on March 4, marking six consecutive days of losses, while the Abu Dhabi Securities Exchange (ADX) has declined close to 6% across eight straight sessions.
Banking and property stocks have led the selloff, with major names including Emaar, Emirates NBD, Dubai Islamic Bank, Aldar, and First Abu Dhabi Bank repeatedly hitting the 5% daily limit-down cap. Dubai’s real estate index has been particularly affected, dropping roughly 20% over five sessions and erasing all gains made earlier this year.
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Commenting on the current market environment, Josh Gilbert, Market Analyst at eToro, said volatility has become a defining feature of global markets.
Josh Gilbert, Market Analyst At Etoro
“Volatility is the price of entry in markets right now, and investors who understand that will be far better positioned than those who try to time their way around it. This is a market being driven by headlines and those headlines can turn on a dime, making this a particularly challenging environment for investors,” Gilbert said.
Market sentiment remains heavily influenced by geopolitical headlines. On Monday, global markets demonstrated how quickly sentiment can shift, with the S&P 500 reversing early losses to close 0.8% higher after comments from US President Donald Trump suggested that tensions with Iran could be nearing resolution. That late-session rebound has carried into Asian markets, where indices opened higher following the US recovery.
Oil markets have been at the center of recent volatility. Crude prices experienced dramatic swings during Monday’s session, trading in a nearly USD 40 range before retreating after signals of potential de-escalation in the Middle East.
“Such extreme intraday moves in oil markets highlight just how headline-driven the current environment has become,” Gilbert added. “A single comment from a political leader can reverse billions of dollars in market losses within hours.”
While higher oil prices typically strengthen fiscal positions across the Gulf region, this particular surge is different because it is tied directly to disruption within the region itself. Infrastructure, trade flows, and broader economic activity have all been affected, offsetting some of the benefits governments typically receive from higher crude prices.
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The Strait of Hormuz remains heavily disrupted, forcing several Gulf producers to scale back output, while the G7 has indicated it stands ready to release strategic petroleum reserves if supply disruptions intensify. For now, markets appear to be treating the current oil shock as temporary rather than structural, an important distinction for investors assessing the outlook.
Periods of heightened volatility can often lead investors to make decisions driven by fear. However, history shows that some of the strongest market rebounds occur immediately after the sharpest declines.
“The worst time to make investment decisions is when fear is at its highest,” Gilbert said. “Selling after a sharp market decline risks locking in losses and missing the early stages of a recovery, which can have long-term implications for portfolio performance.”
In uncertain market environments, defensive and dividend-paying companies often provide greater stability. Businesses with strong balance sheets, consistent cash flows, and resilient demand tend to perform better during periods of geopolitical stress.
“During times like this, boring can be brilliant,” Gilbert said. “Investors should be focusing on companies with strong balance sheets, reliable cash flows, and businesses that people continue to spend with regardless of geopolitical developments.”
Looking ahead, de-escalation signals could create room for a recovery in UAE markets, especially given how much negative sentiment has already been priced into equities. While the recent selling has been severe, it has also been broad-based, suggesting that any relief rally could be equally sharp.
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Investors will also be closely watching upcoming US inflation data, with the latest Consumer Price Index (CPI) figures expected later this week. Rising energy prices have already prompted markets to reassess the outlook for interest rate cuts, and a stronger-than-expected CPI reading could further influence global monetary policy expectations.
For now, investors should expect continued volatility driven by geopolitical headlines and macroeconomic developments. However, for patient long-term investors, such periods can also present opportunities to focus on fundamentally strong companies positioned to weather short-term market turbulence.
About eToro
eToro is the trading and investing platform that empowers you to invest, share and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we’ve created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors. You can visit our media centre here for our latest news.
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An Ohio federal court denied Kalshi’s bid for a preliminary injunction aimed at blocking state regulators from enforcing sports-betting contracts on the prediction markets platform. Chief Judge Sarah Morrison of the Southern District of Ohio ruled that Kalshi had not shown the platform’s sports-event contracts fall under the exclusive jurisdiction of the Commodity Futures Trading Commission, at least to halt Ohio’s regulatory regime. Kalshi contended that federal commodities laws preempt state gambling statutes, a central question in the broader friction between federal oversight of prediction markets and state-licensed gaming. Kalshi said it would promptly seek an appeal, signaling that the dispute is far from settled.
Key takeaways
The Ohio court denied Kalshi’s motion for a preliminary injunction aimed at blocking the Ohio Casino Control Commission and state attorney general from regulating sports-event contracts traded on Kalshi’s platform.
The decision hinges on Kalshi failing to prove that the Commodity Exchange Act (CEA) provides exclusive jurisdiction to the CFTC over sports-event contracts, or that it would preempt Ohio’s sports gambling laws.
The ruling follows broader regulatory contention, including past statements from CFTC Chair Michael Selig about the agency’s exclusive jurisdiction over prediction markets and potential lawsuits against authorities challenging that view.
Kalshi signaled it would appeal the decision, noting a contrasting outcome in a Tennessee court case and stressing that the legal fight is far from over.
Regulatory momentum around prediction markets continues, with anticipation of forthcoming CFTC guidance that could clarify the federal lens on sport-related prediction markets.
Market context: The Ohio ruling arrives amid a broader regulatory conversation about how federal commodities law intersects with state gambling statutes in the niche area of prediction markets. While the CFTC has signaled a push to provide formal guidance on these markets, courts have yet to establish a consistent nationwide precedent. The case highlights the friction between states seeking to regulate gambling activities and federal authorities asserting jurisdiction over commodities contracts that sit at the center of prediction markets.
Why it matters
The decision matters because it underscores the ongoing legal ambiguity surrounding prediction markets in the United States. Kalshi, a platform that lets users bet on real-world events, argued that state-level sports betting rules could be superseded by federal commodities law, potentially allowing prediction markets to operate under a uniform federal framework. The court’s ruling does not categorically close the door on preemption; rather, it emphasizes the procedural threshold Kalshi had to clear to obtain an injunction. In practical terms, the ruling means Kalshi must contend with ongoing regulatory risk in Ohio while pursuing any appeal, rather than receiving an immediate shield from state enforcement.
The opinion also reflects the uncertainty around the CEA’s reach. The court remarked that even if sports-event contracts were swaps subject to the CFTC’s exclusive jurisdiction, it did not automatically follow that the CEA would preempt Ohio’s sports gambling statutes. This nuance matters because it points to a potential future where a plausible federal framework could coexist with state regulations, rather than rendering state laws obsolete. As the CFTC continues to develop guidance on prediction markets, platforms like Kalshi must navigate a patchwork of state rules that could complicate product design, licensing, and user access in different jurisdictions.
From the users’ perspective, the legal back-and-forth can affect liquidity, product availability, and the level of regulatory clarity that endows prediction markets with long-term viability. If courts or regulators converge on a coherent federal standard, prediction-market operators could offer markets with a clearer risk profile and potentially broader user bases. Conversely, if state authorities maintain stringent enforcement and the federal framework remains unsettled, operators may face a spectrum of compliance costs and operational constraints across the country.
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The court’s decision also echoes a broader trend in the crypto and digital asset space, where the line between gambling regulation and securities/commodities regulation continues to be a moving target. While Kalshi’s platform sits at the intersection of gaming-style bets and financial-like contracts, the question of which agency should oversee them—and under what rules—remains unsettled. The situation is further complicated by parallel actions in other states and by the CFTC’s stated intent to publish guidance that could shape the permissible contours of prediction markets in the near term.
Kalshi’s spokesperson, in a statement after the ruling, noted the company’s disagreement with the court and indicated an appeal would be pursued promptly. The spokesperson contrasted the Ohio outcome with a recent Tennessee decision that appeared more favorable to Kalshi’s position in similar regulatory disputes, underscoring how jurisdictional nuances can yield different results across states. The acknowledgment also signals that Kalshi intends to test the robustness of the court’s reasoning and the scope of CFTC preemption in subsequent filings.
“Even if this Court were to find that sports-event contracts are swaps subject to the CFTC’s exclusive jurisdiction, Kalshi has not shown that the [Commodity Exchange Act, or CEA] would necessarily preempt Ohio’s sports gambling laws,” the opinion stated, later underscoring that “Kalshi argues that Ohio’s sports gambling laws are field and conflict preempted by the CEA when it comes to sports-event contracts traded on its exchange […] Kalshi fails to establish that Congress intended the CEA to preempt state laws on sports gambling.”
Looking ahead, market observers will be watching for the CFTC’s forthcoming guidance, which regulators said would come “in the very near future.” The chair’s comments have framed a period of anticipated clarity around prediction markets, but until such guidance is issued and tested in courtrooms, Kalshi and similar platforms will remain exposed to a shifting regulatory landscape. The Tennessee decision cited by Kalshi’s representatives suggests that different judicial interpretations can shape outcomes in related disputes, dampening a single, nationwide legal narrative for now.
In sum, the Ohio ruling reinforces the central tension at the heart of prediction-market regulation: whether federal commodity laws should or must preempt state gambling statutes when the contracts traded resemble financial instruments more than traditional bets. It also highlights the practical consequences for operators who must design products to comply with divergent regulatory regimes across states while awaiting a more definitive federal framework. The interplay between state enforcement actions, anticipated federal guidance, and ongoing appellate activity will continue to drive the regulatory risk profile for prediction markets in the near term.
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Source material and court documents referenced in this coverage include the Ohio court’s order denying Kalshi’s injunction, the court document linked in Courtlistener, and public statements from Kalshi and the CFTC’s leadership. These materials provide the basis for understanding the legal arguments around preemption, jurisdiction, and the evolving regulatory posture for prediction markets in the United States.
What to watch next
Kalshi’s appeal timeline and any appellate court rulings that could influence the federal preemption question.
Results or opinions from related cases in other states, including Tennessee, that could indicate a circuit-wide trend.
Timelines and details of forthcoming CFTC guidance on prediction markets and their regulatory interpretation.
Any legislative developments at the state level that could affect the availability or legality of sports-betting contracts on prediction-market platforms.
Sources & verification
Order denying Kalshi’s preliminary injunction in the Southern District of Ohio (Court document). Verify the court’s reasoning and the specific preemption analysis.
Kalshi’s post-ruling statement indicating intent to appeal.
CFTC Chair Michael Selig’s remarks about exclusive jurisdiction and upcoming guidance on prediction markets.
A Tennessee federal court decision referenced in Kalshi’s communications regarding related actions in other states.
Courtlistener link to the court’s PDF of the Ohio ruling for primary verification.
Legal setback sharpens regulatory debate over prediction markets
In the wake of the Ohio ruling, Kalshi’s path forward hinges on a potential appeal that could bring the court’s analysis of preemption into sharper focus for federal appellate review. The decision does not rid the legal landscape of the possibility that the CEA could preempt state sports-gambling laws in certain circumstances; rather, it emphasizes that the evidence presented at this stage did not suffice to enjoin Ohio’s enforcement actions. The court’s careful delineation between exclusive CFTC jurisdiction and preemption under the CEA reflects a judiciary still calibrating how federal statutes apply to novel financial instruments that resemble bets on outcomes in the real world.
As regulators prepare to issue clearer guidance, the market will be watching for how the CFTC squares prediction-market activities with existing state licensing regimes. The evolving dialogue among federal and state authorities will help determine whether prediction markets can flourish under a unified federal framework or if divergent state rules will persist, shaping where users can access these markets and under what terms. The coming months are likely to bring more legal skirmishes, appellate briefs, and regulatory guidance that will collectively shape the trajectory of prediction markets in the United States.
For users and builders in this space, the Ohio decision is a reminder that regulatory risk remains a constant feature of the landscape. Platforms seeking to offer sports-event contracts must navigate a mosaic of legal requirements, licensing standards, and potential enforcement actions. However the same dynamics underscore the importance of clear, principles-based guidance from federal regulators to create accountability, transparency, and a sustainable path forward for prediction-market offerings in the United States.
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Global headlines may be rattling investors, but when fed with a carefully calibrated prompt, Gemini AI unlocks surprising medium-and long-term outlook for XRP, Solana, and Cardano.
According to Gemini AI, the next ten months will bring a lot of new capital into crypto thanks to a combination of technical indicators, news developments and a maturing regulatory environment.
So, here’s why Gemini just might be right.
XRP (XRP): Gemini AI Sees 10x Potential Within 10 Months
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In a recent statement, Ripple emphasized that XRP ($XRP) remains central to its strategy of turning the XRP Ledger (XRPL) into a global, enterprise-level payments infrastructure.
Source: Gemini
The company designed XRPL for fast low-cost transaction settlement, while giving it an early lead in two of crypto’s biggest use cases: stablecoins and tokenized real-world assets.
XRP is currently trading near $1.42, and Gemini’s projections indicate the asset could climb toward $15 before the end of the year, representing a more-than-tenfold increase.
Technical indicators also point toward improving momentum. XRP’s recent support and resistane lines form a bullish flag that often foreshadows a breakout.
Several price drivers to watch include sustained institutional investment via the recently launched US XRP ETFs, Ripple’s growing list of international partnerships, and the possibility of the CLARITY Act passing Congress this year.
Solana (SOL): Could Solana Double Its Previous Record in 2026?
Institutional adoption accelerated after asset managers Bitwise and Grayscale launched Solana spot ETFs in the US.
SOL experienced a steep downturn toward the end of 2025 and spent much of this February trading below $100.
Gemini’s most optimistic scenario sees Solana surging from $88 to as high as $600 by Christmas, a gain of 7x that would double SOL’s January 2025 ATH of $293.
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Supporting the long-term thesis, major financial institutions including Franklin Templeton and BlackRock have begun deploying tokenized financial products on Solana, highlighting its early advantage in a potentially ubiquitous future crypto use case.
Cardano (ADA): Gemini AI Suggests Potential Gains of Up to 1,000%
Developed by Ethereum co-founder Charles Hoskinson, Cardano ($ADA) takes a a research-driven approach to development that prioritizes academic rigor, security, scalability, and sustainability.
With a market capitalization exceeding $10 billion and more than $140 million in TVL, Cardano’s ecosystem continues growing in step with its rivals.
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Gemini’s forecast suggests ADA could rise by 826%, from roughly $0.27 today to around $2.50 by Christmas. Such a move would allow the token just below its record of $3.09 reached in 2021.
Like with all altcoins targeting institutional capital, comprehensive cryptocurrency legislation in the United States would massively expand ADA’s price prospects. Clear regulatory could also enable leading altcoins to move more independently from Bitcoin’s price cycles.
Maxi Doge: Early-Stage Meme Coin Aims for Major Breakout
If a bull run or altseason arrives, the momentum could drive the price of meme coins sky high, as they notoriously exaggerate the price movements of the wider market
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One new meme coin tipped to explode tis Maxi Doge ($MAXI). The token has already raised $4.7 million through its ongoing presale as traders bet it could unseat stalwarts like BONK or Floki.
Maxi Doge is Dogecoin’s loud, proud hard-pumping, risk-loving distant cousin, recapturing the viral degen comic culture that ignited the 2021 meme coin boom.
The is an ERC-20 asset on Ethereum’s proof-of-stake network, giving it a smaller environmental footprint than Dogecoin’s proof-of-work architecture.
Presale investors can currently stake MAXI tokens for rewards reaching as high as 67% APY, although yields gradually decrease as more tokens enter the staking pool.
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The token is $0.0002808 during the current round, with nominal price increases scheduled at each new funding round.
Is DeepSnitch AI the best AI crypto of 2026? Judging by how its presale is performing, that’s what many investors are thinking right now. The upcoming crypto is by far the most sophisticated AI implementation in the industry; one that will likely turn into a 100x crypto explosion sooner than later.
And as the last days of DeepSnitch AI’s presale are ongoing, people are rushing to take advantage of this unique opportunity before the final countdown comes to an end.
DeepSnitch AI’s launch comes amid likely rotation towards AI coins
Part of the reason why so many people are asking themselves whether DeepSnitch AI is the best AI crypto of 2026 has to do with the AI segment itself. There are numerous analyses showing that AI coins are the future; the most promising sector in crypto.
Recently, Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, made the case for an upcoming AI rotation that would affect Bitcoin, even though US growth should stay resilient.
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Rick Rieder from BlackRock sees significant AI rotation coming ahead.
This AI rotation is already taking place within crypto, with coins like Near Protocol and Kite outperforming Bitcoin.
The next section reviews them as part of the top AI cryptos for 2026, along with DeepSnitch AI, whose presale is ending very soon.
AI cryptos with big upside
1. DeepSnitch AI (DSNT)
Why is DeepSnitch AI considered the best AI crypto of 2026? Simply put, because there isn’t any other crypto with the level of sophistication and market alignment that its use case entails. DeepSnitch AI is unique and revolutionary.
Many AI crypto projects have come in the last few years, but most of them end up being just interesting ideas with a coin that is traded on speculation rather than real utility. DeepSnitch AI has wholly inverted that pattern. Even though it is still at the presale stage, its product development is at the last stage.
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This is remarkable for a system of AI agents that transform crypto data into market intelligence, acting as an “investment brain”. A tool that will be available to all crypto holders worldwide, estimated at more than 600 million.
This partially explains the unusually fast numbers for DeepSnitch AI’s presale. In just its 6th stage out of 15, more than $2 million has been raised. And because the fundraising stage is still an early one, the entry price is a low $0.04399, which creates a huge upside.
Moreover, the team is giving bonuses according to the amount purchased. For instance, a $5k purchase would get a 50% bonus that will turn a 67x price increase into 100x returns.
But as more and more people are convinced that DeepSnitch AI is the best AI crypto of 2026, it’s time to act. The presale is set to end on March 31, and the clock is ticking fast.
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2. Near Protocol (NEAR)
While DeepSnitch AI is the best AI crypto of 2026, Near Protocol is clearly among the best AI crypto coins, with a remarkable performance in the last few weeks.
The NEAR token surged from $0.94 on Feb. 12 to a peak of $1.42 on Mar. 3, and it is now hovering around the $1.20 mark. This surge is in line with the rotation towards AI coins, and has put NEAR in second place among the biggest AI coins by market cap.
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3. Kite (KITE)
Kite is another AI coin that is reflecting the latest rotation towards the sector. Between Mar. 3-8, KITE rose from $0.185 to $0.317, a 71% jump in only 5 days. And this remarkable performance took place as Bitcoin was retreating from its foray above the $70,000 mark.
Thus, even if DeepSnitch AI is considered the best AI crypto of 2026, Kite remains an important option for those rotating towards the AI coin sector.
Conclusion
More and more people realise that DeepSnitch AI is the best AI crypto of 2026, with a growth potential easily exceeding 100x returns.
But the time to enjoy this unprecedented opportunity is going fast. As the presale is set to end on March 31, only those who invest now and take advantage of the bonuses (30% code: DSNTVIP30, 50% code: DSNTVIP50, 150% code: DSNTVIP150, 300% code: DSNTVIP300) will enjoy exponential returns this year.
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Visit the official website to buy into the DeepSnitch AI presale now, and visit X and Telegram for the latest community updates.
FAQs
Apart from its advanced product development, what else makes DeepSnitch AI the best AI crypto of 2026?
The most important factor is its massive market appeal. DeepSnitch AI will radically improve crypto investing for hundreds of millions worldwide.
How fast will DeepSnitch AI be adopted?
Given that DeepSnitch AI’s powerful tool is basically ready and operational, the adoption is expected to go viral in just a matter of weeks, if not days.
How much adoption would make DSNT’s price jump 100x?
The estimation is that when DeepSnitch AI reaches 1.45 million users, DSNT’s price will be around $4.5, which is more than 100x its current entry price.
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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Dogecoin price approaches key Fibonacci resistance near the value area high. Weak momentum suggests exhaustion, raising the risk of a bull trap and a rotation back toward $0.08 support.
Summary
Key Resistance: DOGE testing 0.618 Fibonacci and value area high confluence.
Downside Risk: Rejection and VWAP loss could rotate price toward $0.08 support.
Dogecoin (DOGE) price is approaching a critical technical inflection point as price rallies back toward a major resistance zone. The current move has brought the meme coin back into an area where multiple previous rejections have occurred, making it an important level that could determine the next directional move.
This resistance region is defined by the 0.618 Fibonacci retracement level, which aligns with the value area high on the chart. When multiple technical indicators converge at the same level, it often creates a strong resistance zone where selling pressure may begin to emerge.
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As Dogecoin tests this confluence area again, traders are closely watching whether price can break through or if another rejection will send the market back toward support.
Dogecoin price key technical points
Fibonacci Resistance: DOGE testing 0.618 Fibonacci retracement aligned with the value area high.
Momentum Weakness: Price rallying with declining momentum, signaling potential exhaustion.
Range Structure: Rejection could lead to a rotation back toward $0.08 support.
Dogecoin’s current price movement is unfolding within a broader range structure that has defined the market for several weeks. During this time, price has repeatedly reacted to clearly defined technical levels, particularly around the upper resistance zone where several previous rallies have stalled.
The most recent rally has once again brought DOGE back toward this resistance region, where the 0.618 Fibonacci retracement and the value area high intersect. This type of technical confluence often creates a strong barrier for price because multiple groups of traders identify the same level as a potential area to take profits or initiate short positions.
As price approaches this level, momentum indicators are beginning to show signs of weakening. While the rally itself has been sharp, the underlying momentum does not appear to be strengthening in proportion to the move higher. In technical analysis, this type of divergence between price movement and momentum can sometimes signal that a rally is losing strength.
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Meanwhile, rising interest in Bitcoin mining in 2026 amid market volatility is also driving attention toward beginner-friendly cloud mining platforms such as Hashbitcoin, reflecting continued activity across the broader crypto ecosystem.
Another important factor to consider is the nature of the current move toward resistance. The price behavior leading into this level resembles what traders often refer to as a short squeeze. Short squeezes occur when traders holding short positions are forced to close their trades as price rises, creating a rapid upward move that is driven more by liquidations than by strong underlying buying demand.
While short squeezes can produce impressive price spikes, they often lack the sustained momentum required to break through major resistance levels. As a result, these types of rallies can sometimes turn into bull traps, where price briefly moves higher before reversing sharply once buying pressure fades.
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If Dogecoin experiences another rejection at the current resistance zone, the market may begin rotating lower once again within the established trading range. This type of rotational behavior is common in range-bound markets, where price frequently moves between support and resistance levels as liquidity shifts between buyers and sellers.
One key technical indicator to watch in the short term is the Volume Weighted Average Price (VWAP). VWAP often acts as a dynamic resistance or support level that reflects the average price at which the asset has traded throughout a given period.
If Dogecoin begins closing candles below the current VWAP resistance, it would signal that bullish momentum is fading and that sellers may be regaining control of the market. In that scenario, the probability would increase for a deeper corrective move back toward the lower boundary of the range.
Meanwhile, cloud mining has shifted crypto earning from complex hardware setups to simple smartphone access, though choosing the right platform remains essential, reflecting how accessibility across the broader crypto ecosystem continues to evolve.
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What to expect in the coming price action
Dogecoin is currently testing a major resistance zone where the 0.618 Fibonacci retracement aligns with the value area high. Momentum indicators suggest that the rally may be approaching exhaustion, increasing the likelihood of another rejection.
If price fails to break above this region and begins closing below the VWAP, the market could rotate back toward the $0.08 support level, continuing the broader trading range structure.
Aave has attracted nearly $800 million in deposits since launching on Mantle a month ago.
Total value locked (TVL) on Mantle, the Ethereum Layer 2 network affiliated with the Bybit crypto exchange, reached a new all-time high on March 9, crossing the $1 billion mark for the first time at $1.06 billion, according to DefiLlama.
The surge follows the launch of Aave, the largest lending protocol in decentralized finance (DeFi), on Mantle in mid-February. As of today, Aave on Mantle has surpassed $1.2 billion in total lending and borrowing market size.
Mantle’s DeFi TVL surged nearly fourfold from $255 million in the month following the Aave integration, rising 33% in the past week alone.
An incentive program that awards MNT tokens to users who lend and borrow on the network accompanied the Aave deployment, likely accelerating inflows.
Mantle is now the 12th-largest chain by TVL, according to DefiLlama, just trailing Polygon with $1.15 billion but ahead of Avalanche, which has roughly $800 million.
Circle Internet Financial is among Wall Street’s best-performing stocks so far in 2026, and analysts at Bernstein believe the rally could continue as stablecoin adoption accelerates.
In a recent note to clients, Bernstein reiterated its “Outperform” rating on CRCL stock and set a $190 price target, which typically reflects analysts’ expectations for a stock over the next 12 months.
Despite a volatile end to 2025, Circle shares appear to have decoupled from the broader cryptocurrency market, which has been under pressure since October following a major leveraged liquidation event.
Since bottoming near $50 a share in early February, the share price has more than doubled. The shares closed Tuesday at $118.17, up 5.7%, giving the company a market capitalization of roughly $30.3 billion.
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Circle shares are now up about 49% year to date, outperforming a flat S&P 500 index and a roughly 1% decline in the Nasdaq 100 index over the same period.
Based on Bernstein’s price target, Circle shares still have 60% upside from current levels.
Stablecoin adoption drives bullish outlook for Circle
Bernstein’s bullish outlook for Circle is largely tied to the rapid adoption of stablecoins, particularly as businesses gain clearer rules for using digital dollars in the United States.
That clarity came with the GENIUS Act, passed in 2025, which established a federal regulatory framework for stablecoins. The law set standards for reserve backing, disclosures and oversight, giving companies clearer guidelines for issuing and using dollar-pegged tokens.
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Circle stands to benefit directly from that shift. Its USDC (USDC) stablecoin is the world’s second-largest, with roughly $78 billion in circulation, accounting for about one-quarter of the global stablecoin market, according to DeFiLlama.
Circle has also built credibility among traditional financial institutions. The company went public in 2025 and works with several major Wall Street companies.
BlackRock manages the Circle Reserve Fund that holds much of USDC’s backing assets, while BNY Mellon serves as a primary custodian for those reserves. Circle has also attracted investments from major institutions, including Fidelity and Goldman Sachs, reflecting growing interest in stablecoin infrastructure from traditional finance.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
The AI jobs debate got its sharpest rebuttal yet on Tuesday, from the person selling the hardware.
Nvidia CEO Jensen Huang published a rare standalone essay on Tuesday laying out what he calls the “five-layer cake” of AI infrastructure: energy at the base, then chips, then physical infrastructure, then models, then applications.
It positioned AI not as a software product or a chatbot but as an industrial buildout on the scale of electrification, one that requires trillions of dollars in physical construction and a massive workforce of electricians, plumbers, pipefitters, steelworkers, and network technicians.
“These are skilled, well-paid jobs, and they are in short supply. You do not need a PhD in computer science to participate in this transformation,” he said.
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Huang’s argument for why the buildout needs to be so large starts with a fundamental shift in how computing works.
Traditional software retrieves stored instructions, while AI generates new outputs in real time, with every response created fresh based on the context provided. It isn’t looking up an answer, but instead, reasons through one on demand.
Because intelligence is produced in real time, the entire computing stack beneath it has to be reinvented, which is why AI requires purpose-built infrastructure from the energy layer up rather than running on existing data centers.
The timing is pointed. The essay arrives after weeks of mounting anxiety about AI’s impact on employment, from Block Inc.’s mass layoffs to Anthropic CEO Dario Amodei’s comments about job displacement. Tech stocks had been selling off on the combination of those fears since early this year.
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Huang’s essay is a direct counter-narrative, however. He used radiology as his example, arguing that AI assists with reading scans but demand for radiologists keeps growing because productivity creates capacity and capacity creates growth. “That is not a paradox,” he wrote.
Huang puts energy as the the foundation of the AI era.
“Intelligence generated in real time requires power generated in real time,” he wrote. “Energy is the first principle of AI infrastructure and the binding constraint on how much intelligence the system can produce.”
That framing has implications beyond Nvidia’s supply chain. If energy is the binding constraint on AI, then anything that disrupts energy supply, including the current war in the Middle East, isn’t just a macro headwind for markets. It’s a direct bottleneck on how fast AI can scale.
Huang acknowledged the buildout is still early. “We are a few hundred billion dollars into it. Trillions of dollars of infrastructure still need to be built,” he said, adding that AI factories are being constructed “at unprecedented scale” around the world.
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He also gave a notable nod to open-source models, citing DeepSeek-R1 as an example of how making strong reasoning models freely available “accelerated adoption at the application layer and increased demand for training, infrastructure, chips, and energy beneath it.” Open-source doesn’t threaten Nvidia’s business. It feeds it.
Investment bank B. Riley initiated coverage of bitcoin treasury firms Strategy (MSTR) and Strive (ASST) with buy ratings, setting price targets of $175 and $12, respectively.
Strategy was trading at $141.82 at publication time, Strive at $8.67.
The sector was pressured after bitcoin fell more than 45% from about $126,000 in October 2025 to roughly $69,000 in early March 2026, compressing market-to-NAV premiums and slowing the equity issuance that had fueled bitcoin accumulation, the bank said in a report published Monday.
The correction has weighed on crypto-linked equities and funds. The decline in BTC prices and broader risk-asset sentiment has contributed to volatility in shares of companies exposed to digital assets, including corporate bitcoin holders and crypto-focused investment vehicles.
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Strategy remains the largest bitcoin treasury company, holding 738,731 BTC. The company, led by Executive Chairman Michael Saylor, made a massive bitcoin purchase last week, adding 17,994 bitcoin to its holdings for a total cost of $1.28 billion, or $70,946 per coin.
The company has built a “digital credit platform” combining common equity and five series of perpetual preferred shares yielding 8% to 11.5%, backed by about $2.25 billion in cash reserves, according to analyst Fedor Shabalin.
The analyst noted that Strategy’s shares trade around 1.2 times mNAV, well below a roughly 3.4x peak in 2024, presenting an attractive entry point.
mNAV is a metric used to value bitcoin treasury companies by comparing a company’s market capitalization to the value of its underlying bitcoin holdings and related assets.
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Strive, meanwhile, combines a bitcoin treasury of about 13,100 BTC with an asset-management business overseeing roughly $2.5 billion. The analyst pointed to its low leverage, a preferred share yield of about 12.5%, and a valuation discount, with the stock trading at around 0.9x modified NAV.
Preferred securities issued by the companies could attract yield-focused investors, given that the payouts exceed many traditional income alternatives, the report added.
About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH.
Blockchain data flagged by risk-management firm Chaos Labs shows a spike in liquidations in the past 24 hours. Some observers believe the event may have been linked to a price update in an oracle system that Aave uses to determine the value of collateral.
(AAVE liquidations over last 24 hours/ Chaos Labs)
Oracles are services that feed price data from the outside world into blockchain applications. Lending protocols like Aave rely on them to decide when a borrower’s collateral is no longer sufficient to back their loan — at which point the position can be liquidated.
While such scenarios are rare, most recently, a price-oracle setup misconfigured by DeFi lender Moonwell briefly valued Coinbase Wrapped ETH (cbETH) at about $1 instead of roughly $2,200, leaving the protocol with nearly $1.8 million in bad debt.
In Aave’s case, some say the issue may have involved wstETH, a token issued by Lido that represents staked ether. Because it accrues staking rewards over time, one wstETH is typically worth slightly more than one ETH.
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According to a post from LTV Protocol on X, at the time of the liquidations, Aave’s oracle appeared to value wstETH at roughly 1.19 ETH, while the broader market valued it closer to 1.23 ETH.
Volume remained relatively low for wstETH trading pairs, with just $10 million being traded over the past 24 hours, so it is unlikely any astute traders capitalized on the pricing mismatch before it snapped back.
Aave spokesperson didn’t reply to CoinDesk’s request for comments.
(24-hour trading volume of wstETH/ CoinMarketCap)
Earlier in the day, risk firm LlamaRisk briefly published a post on the AAVE forum, attributing the liquidations to an issue with Chaos Labs’ risk oracle, before deleting it.
Chaos Labs later said the underlying oracle itself reported the correct market values, and that the liquidations were instead triggered by a configuration issue in the protocol’s CAPO risk oracle, which is designed to place limits on how quickly the value of yield-bearing tokens such as wstETH can increase.
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According to Chaos Labs, the incident was caused by a mismatch between stale parameters stored in a smart contract, including a reference exchange rate and its associated timestamp. Because those values were not updated in sync, the CAPO system temporarily calculated a maximum allowed exchange rate that was lower than the real market value of wstETH.
That effectively caused the protocol to treat wstETH as about 2.85% less valuable than it actually was, pushing some borrowing positions below their safety thresholds, triggering liquidations.
Chaos Labs said the protocol incurred no bad debt, though liquidators — traders or bots that repay risky loans in exchange for discounted collateral — captured roughly 499 ETH in liquidation bonuses and profits from the temporary price discrepancy.
A Lido contributor told CoinDesk, “We are aware of the liquidations due to an incorrect wstETH to USD price reported by this oracle mechanism. The cause has nothing to do with wstETH itself, how it works or the Lido protocol which continue to operate normally.”
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Oliver Knight contributed reporting to this story.