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Riot, Core earnings, U.S. jobs report: Crypto Week Ahead

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Riot, Core earnings, U.S. jobs report: Crypto Week Ahead

Earnings reports are still rolling in. This week Riot Platforms, the fourth-largest bitcoin miner by market cap, is due to report, as is Core Scientific, the No. 6.

Like many of their peers, the two are using their experience running large data centers and negotiating power-supply deals to expand into AI. Core, whose proposed $9 billion purchase by CoreWeave (CRWV) failed in October, barely mentions digital asset mining on its homepage. It will be interesting to see how much of its business still comes from that source.

Also due this week is the U.S. jobs report for February. The world’s largest economy is forecast to have added 60,000 nonfarm positions last month, according to the consensus estimate on Trading Economics.

Traders will also be monitoring the war in the Middle East, which has seen the U.S. and Israel strike Iran in what President Donald Trump called “major combat operations” targeting the country’s missile, naval and nuclear infrastructure.

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Iran has retaliated with attacks on various countries in the region that host U.S. military bases. The conflict has been escalating with Iran-backed militias joining in. Trump has said it’s expected to last “four to five weeks,” so an earlier-than-expected truce could bring risk appetite back.

What to Watch

(All times ET)

  • Crypto
    • March 2: SuperRare to release Delirium, a new collection by artist Xer0x
    • March 2: Mantra’s OM token to change to MANTRA with a 1:4 coin split as the Mantra chain upgrades from v6 to v7.
    • March 3: SolCex mobile app to debut on Google Play and Apple’s App Store.
    • March 4: Qubic begins testing parallel dogecoin mining and AI training
  • Macro
    • March 2, 10:00 a.m.: U.S. ISM manufacturing PMI for February est. 52.3 (Prev. 52.6)
    • March 3, 5:00 a.m.: Eurozone inflation rate YoY flash for February (Prev. 1.7%); Core YoY (Prev. 2.2%)
    • March 3, 7:30 p.m.: Australia GDP growth rate QoQ for Q4 (Prev. 0.4%)
    • March 3, 8:30 p.m.: China NBS manufacturing PMI for February (Prev. 49.3)
    • March 4, 8:15 a.m.: U.S. ADP employment change for February (Prev. 22K)
    • March 4, 10:00 a.m.: U.S. ISM services PMI for February (Prev. 53.8)
    • March 4, 2:00 p.m.: U.S. Fed Beige Book
    • March 5, 8:30 a.m.: U.S. initial jobless claims for week ending Feb. 28 (Prev. 212K)
    • March 5, 8:30 a.m.: U.S. nonfarm productivity QoQ prel for Q4 (Prev. 4.9%)
    • March 5, 4:30 p.m.: U.S. Fed balance sheet update for period ending March 4
    • March 6, 8:30 a.m.: U.S. nonfarm payrolls for February Est. 60K (Prev. 130K)
    • March 6, 8:30 a.m.: U.S. unemployment rate for February (Prev. 4.3%)
    • March 6, 8:30 a.m.: U.S. average hourly earnings MoM for February (Prev. 0.4%)
    • March 6, 8:30 a.m.: U.S. retail sales control group MoM for January (Prev. 0.0%)
    • March 8, 8:30 p.m.: China inflation rate YoY for February (Prev. 0.2%)
  • Earnings (Estimates based on FactSet data)
    • March 2: Riot Platforms (RIOT), post-market, -$0.32
    • March 2: Core Scientific (CORZ), post-market, -$0.18
    • March 6: Metalpha (MATH), pre-market
    • March 9: Sharplink (SBET), pre-market, $0.31
    • March 11: Exodus Movement (EXOD), pre-market, $0.14

Token Events

  • Governance votes & calls
    • PoolTogether DAO is voting to manually resubmit and execute the remaining actions for the PTBR-35 governance shutdown after a previous execution error. Voting ends March 2.
    • Angle DAO is voting on an orderly wind-down of the EURA and USDA stablecoins, providing users a one-year 1:1 redemption period followed by a final settlement airdrop. Voting ends March 2.
    • GMX DAO is voting to transition to a defined leadership model by hiring a CEO with performance-tied compensation and forming an interim leadership committee to guide the restructuring. Voting ends March 2.
    • ShapeShift DAO is voting to appoint PTT as the Tokenomics Workstream Leader for a six-month term, compensated entirely in FOX tokens to eliminate stablecoin costs. Voting ends March 3.
    • Decentraland DAO is voting to explore the automatic execution of approved proposals and soft term limits for signer keys while maintaining emergency oversight. Voting ends March 3.
    • Uniswap DAO is voting across two linked proposals to expand v2 and v3 protocol fees to eight layer-2 networks and enable a new tier-based fee system across all v3 pools. Voting ends March 4 and 5.
    • ENS DAO is voting to replace three DNSSEC oracle algorithms to patch a critical RSA signature forgery vulnerability and significantly reduce gas costs. Voting ends March 4.
    • Gnosis DAO is voting to provide a grant to fund the continued support, infrastructure and maintenance of the Revoke.cash security platform. Voting ends March 5.
  • Unlocks
    • March 5: Ethena (ENA) to unlock 2.24% of its circulating supply worth $18.35 million.
    • March 6: Hyperliquid (HYPE) to unlock 2.72% of its circulating supply worth around $288.77 million.
  • Token Launches
    • March 8 or earlier: Chiliz (CHZ) to deploy revenue from the protocol to buyback and burn CHZ tokens.
    • March 8 or earlier: WhiteBit Token (WBT) to be listed on Kraken.

Conferences

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Is the Bottom In for XRP? The Critical Levels You Need to Watch

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Is the Bottom In for XRP? The Critical Levels You Need to Watch

XRP is still trading in a broader downtrend, and the rebound attempts keep getting capped at lower highs. The asset is now trying to establish a bottom near the lower part of the range, so the next move likely comes down to whether buyers can defend the recent floor and reclaim the first resistance band.

Ripple Price Analysis: The USDT Pair

On the daily XRPUSDT chart, the trend remains bearish inside a descending channel, with the price holding below the 100-day moving average and the 200-day moving average. The most important overhead supply is the $1.80 zone, which has acted as a pivot area and now lines up with dynamic resistance from the moving averages and the channel structure.

Above that, the next heavier resistance level sits around $2.40 to $2.50, where sellers previously stepped in and where a larger trend shift would need to prove itself.

Support is concentrated around $1.20, which is the area that has been repeatedly defended after the recent flush. As long as XRP stays above this band, the market can keep forming a base and attempt a recovery leg. A clean daily breakdown below $1.20, however, would weaken the structure and increase the odds of a deeper drop toward the next support region near $1.00 or even lower.

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The BTC Pair

On the daily XRPBTC chart, XRP is trading around 2,050 sats and still sits below key resistance levels and the key 100-day and 200-day moving averages, after failing to hold the prior recovery swings. The first resistance to watch is the 100-day moving average around 2,200, followed by the 200-day moving average around 2,400 sats.

These elements have repeatedly rejected the price and also overlap with the moving averages, acting as pressure from above. If XRP can reclaim that zone and hold it, the next upside target becomes the 2,500 to sats supply area.

The main support is also located near the 2,000 sats region, which has been tested multiple times and is clearly a line bulls are trying to defend. If the 2,000-sat level fails on a clean break and close, the next major demand pocket sits much lower around 1,400 to 1,500 sats. That is the type of move that usually happens when Bitcoin strength outpaces altcoins, so XRPBTC is still the key risk gauge for bulls here.

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CVX Shares Surge in Early Trading as Crude Oil Soars on Middle East Turmoil

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CVX Stock Card

Quick Summary

  • CVX shares gained approximately 4% before the market opening bell on rising crude prices

  • Brent crude surged up to 13% following strikes on Middle East energy infrastructure

  • The company’s Leviathan natural gas facility was shut down after regional attacks

  • Maritime traffic slowdowns near the Strait of Hormuz sparked supply worries

  • Market participants are monitoring petroleum stockpiles and regional tensions


Chevron (CVX) shares experienced upward momentum during Monday’s premarket session as crude oil prices rallied sharply following fresh military strikes across the Middle East.


CVX Stock Card
Chevron Corporation, CVX

The stock advanced around 4% in early morning trading as oil markets responded to renewed supply uncertainty and reduced maritime activity near the strategic Strait of Hormuz.
The rally came as both Brent crude and West Texas Intermediate futures posted significant gains.

Brent reached a peak increase of 13% during the opening moments before moderating somewhat as the session progressed.
Energy sector equities rallied swiftly as market participants factored in regional supply threats.

Chevron concluded Friday’s trading session at $186.76, posting a 1.41% increase.
Early Monday activity pushed the stock toward $194 as petroleum prices continued climbing.

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Exxon Mobil alongside other prominent energy firms also experienced premarket gains.
The energy sector outperformed even as broader indices faced headwinds.

Supply Disruption Fears Fuel Oil Rally

Crude prices rocketed higher after recent strikes hit critical energy infrastructure and maritime passages throughout the Middle East.
Trading resumed with markets pricing in elevated risk premiums for potential supply interruptions.

Saudi Aramco suspended operations at its Ras Tanura refinery following a drone strike.
The installation has daily processing capacity of approximately 550,000 barrels, industry sources indicate.

Market observers characterized the attack as a significant escalation targeting crucial Gulf energy assets.
Maritime operations near the Strait of Hormuz experienced slowdowns in the wake of the strikes.

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Approximately 20% of worldwide petroleum supply passes through the Strait of Hormuz.
Any impediment to transit through this waterway can rapidly influence global energy pricing.

Petroleum markets are currently responding to Gulf region events and shipping patterns.
Industry experts noted that price trajectories will depend significantly on disruption duration.

OPEC+ recently authorized a 206,000 barrel per day production boost beginning in April.
Traders emphasized that this supply addition remains modest when weighed against present geopolitical uncertainties.

Chevron’s Regional Exposure and Market Outlook

Chevron maintains significant exposure to regional events through its Middle East operations.
Israel’s Energy Ministry mandated temporary shutdowns of domestic natural gas production following the strikes.

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Chevron’s operated Leviathan offshore gas field went offline in response to the attacks.
Industry sources attributed the closure to elevated security concerns.

The company’s financial performance correlates strongly with oil and gas pricing trends.
Elevated energy prices typically bolster upstream revenue for integrated producers.

Energy equities rallied broadly across the sector as petroleum prices advanced.
Occidental Petroleum and ConocoPhillips similarly registered substantial premarket increases.

Market participants are tracking whether Hormuz shipping volumes normalize in coming days.
Attention is also focused on potential resumption timelines for Israeli natural gas operations.

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Domestic traders await Wednesday’s weekly petroleum inventory figures from regulators.
The Energy Information Administration is scheduled to publish the data at 10:30 a.m. Eastern Time.

CVX shares maintained premarket gains as oil markets continued processing supply concerns and operational interruptions stemming from Middle East developments.

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Crypto ETPs Post $1B Inflows as Bitcoin Leads Gains

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Crypto ETPs Post $1B Inflows as Bitcoin Leads Gains

Crypto investment products recorded their first weekly inflows since January last week, snapping a five-week outflow streak of around $4 billion.

Crypto exchange-traded products (ETPs) attracted $1 billion in inflows last week, led by $882 million into Bitcoin (BTC) funds, according to a Monday report from CoinShares.

“From a macro standpoint, it is difficult to attribute the shift in sentiment to a single catalyst,” said James Butterfill, CoinShares’ head of research.

He said the reversal likely reflected prior price weakness, a break below key technical levels and renewed accumulation by large Bitcoin holders.

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“At a more anecdotal level, recent client discussions have been almost entirely focused on identifying entry points rather than reducing exposure to the asset class,” he added.

Ether and Solana add $171 million in weekly crypto inflows

Ether (ETH) funds drew about $117 million, CoinShares said, marking their strongest week since January, while Solana (SOL) drew in about $54 million.

Chainlink (LINK) and XRP (XRP) followed with $3.4 million and $2 million in inflows, respectively.

Weekly crypto ETP flows by asset as of Friday (in millions of US dollars). Source: CoinShares

Despite the renewed demand, Bitcoin and Ether ETPs remain in negative territory for the year, with net outflows of $408 million and $430 million, respectively.

Related: Bitcoin manipulation claims face pushback as ETFs snap 5-week outflow run: Finance Redefined

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In contrast, Solana and XRP products have posted year-to-date inflows of $156 million and $153 million.

US spot Bitcoin ETFs lead with $787 million in inflows

Regionally, ETP flows were broadly aligned, with the United States accounting for the bulk of inflows at $957 million. Canada, Germany and Switzerland recorded inflows of $34 million, $32.7 million and $28 million, respectively.

Most of the gains came from US spot Bitcoin ETFs, which drew $787.3 million last week, snapping a five-week outflow streak that had totaled more than $3.8 billion, according to SoSoValue.

Weekly flows in US spot Bitcoin ETFs since Jan. 2, 2026. Source: SoSoValue

Despite the renewed inflows, total assets under management in crypto ETPs declined to $127.7 billion from $130.4 billion the previous week.

Net assets in Bitcoin ETFs also fell, slipping to $83.4 billion from $85.3 billion a week earlier.

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