Crypto World
Bitmine Stacks ETH, Funds Eightco, and Gains OpenAI Access: Here Is What Tom Lee Is Building
TLDR:
- Bitmine anchored a $125M institutional round for Eightco with a $75M check, gaining indirect OpenAI exposure through it.
- Eightco deployed $50M from the Bitmine-led round directly into an OpenAI stake, linking crypto capital to private AI markets.
- Bitmine added 65,000 ETH in just seven days, growing its total holdings to 4,595,562 ETH as part of its treasury strategy.
- Tom Lee is building a portfolio where ETH accumulation funds AI-sector bets, treating crypto and artificial intelligence as one converging play.
Tom Lee and Bitmine ($BMNR) executed three simultaneous moves that together form one coherent strategy. Bitmine led a $125 million institutional funding round for Eightco, putting in $75 million directly.
Eightco then used $50 million of those proceeds to buy into OpenAI. Separately, Bitmine added 65,000 ETH in seven days, bringing its total to 4,595,562 ETH.
Taken together, the three moves reveal a firm betting on crypto and AI converging — and using one to fund the other.
Three Moves, One Strategy: How the Eightco Deal Connects to OpenAI
The first move was Bitmine anchoring a $125 million round for Eightco with a $75 million check. Other institutional investors covered the remaining $50 million in the raise.
Once the round closed, Eightco directed $50 million of those proceeds into an OpenAI stake. That chain of capital created indirect OpenAI exposure for Bitmine through a public market vehicle.
Milk Road noted on X that Eightco currently trades at under $0.01 per share. Yet Bitmine’s stake in the company is now valued at roughly $83 million.
That figure is already above the original $75 million entry point. The appreciation followed the market reaction to the OpenAI investment becoming public.
Private access to OpenAI is not available through conventional market channels. Tom Lee and Bitmine structured the Eightco route as a way around that barrier.
The move places Bitmine inside the AI arms race at the private level. Most public market investors cannot replicate that position through any standard exchange.
Bitmine also holds a $200 million stake in Beast Industries alongside $1.2 billion in unencumbered cash. That capital base gives the firm room to keep executing deals at scale.
However, the Eightco stake is the one that draws a direct line to artificial intelligence. It is the move that turns a crypto treasury into an AI portfolio.
The ETH Accumulation Is the Engine Powering Every Move
The third move was the quietest — but it runs underneath everything else. Bitmine grew its ETH holdings from 4.53 million to 4,595,562 in a single week.
That is 65,000 ETH added in seven days at a deliberate and consistent pace. The accumulation is not incidental; it is the fuel behind the broader deployment strategy.
The firm also carries 196 BTC, rounding out a crypto-heavy balance sheet. Together with the cash reserves, Bitmine operates with a highly liquid and diversified base.
That liquidity is what made leading a nine-figure round possible on short notice. The crypto holdings function as a war chest, not a long-term passive position.
Each move connects back to the same underlying thesis. ETH builds the treasury, the treasury funds Eightco, and Eightco buys into OpenAI.
The structure creates a chain where crypto accumulation directly enables AI-sector exposure. Tom Lee has constructed a portfolio where the two asset classes work in tandem.
Milk Road summarized the approach clearly — Bitmine is not picking crypto over AI or AI over crypto. Instead, the firm is wagering on a world where the two converge at the infrastructure level.
The Eightco stake makes that thesis concrete and measurable. Every move made this week points in exactly the same direction.
Crypto World
Should You Buy Micron (MU) Stock Ahead of Wednesday’s Earnings Report?
Key Takeaways
- Micron’s Q2 FY26 earnings announcement scheduled for Wednesday, March 18, post-market
- Analyst consensus projects EPS between $8.74–$8.77, representing approximately 460% YoY growth
- Projected revenue of $19.03 billion reflects 136% year-over-year expansion
- MU shares have climbed roughly 55% since the start of the year
- Recent analyst upgrades include Wedbush’s $500 target and Wells Fargo’s $470 Buy rating
Micron Technology is preparing to unveil its second-quarter fiscal 2026 financial results this Wednesday, March 18, following the market’s close. The semiconductor company enters the earnings event with shares already showing impressive gains of approximately 55% year-to-date.
Analyst expectations center around earnings per share between $8.74 and $8.77 for the quarter. This projection indicates an extraordinary leap of approximately 460% when compared to the corresponding quarter from the previous year.
The revenue projection stands at approximately $19.03 billion. This figure demonstrates a substantial 136% year-over-year surge, primarily fueled by robust demand for high-bandwidth memory solutions and DRAM chips used in data center applications.
The memory chip sector has experienced significant momentum. Constrained supply combined with upward pricing pressure has created favorable conditions for Micron throughout the year.
Market expectations reflected in options pricing suggest a potential stock movement of approximately 10.61% in either direction post-earnings. This substantial range underscores the considerable anticipation and volatility surrounding the upcoming announcement.
Wall Street Raises Price Targets
In the lead-up to earnings, several analysts have increased their bullish stance. Matthew Bryson from Wedbush Securities elevated his price objective to $500 from $320, maintaining an Outperform rating. Bryson highlighted that Micron’s earnings trajectory continues strengthening while the stock remains below historical peak valuations typical of memory sector companies.
Aaron Rakers at Wells Fargo maintained his optimistic view, reaffirming a Buy rating while increasing his target from $410 to $470. Rakers anticipates peak earnings capability between $50 and $60 per share, with sustained long-term earnings power estimated at $30 to $40 per share.
Currently, 27 Wall Street analysts provide coverage on Micron, resulting in a consensus Strong Buy rating. This rating comprises 26 Buy recommendations alongside one Hold rating issued within the past three months. The mean price target stands at $448.07, suggesting approximately 5.15% potential appreciation from present levels.
The full spectrum of analyst price objectives ranges from a low of $86.28 to a high of $650.00, with the one-year average landing at $407.89.
HBM4 Launch and Taiwan Expansion
Micron has recently commenced volume production of its next-generation HBM4 memory, specifically engineered for Nvidia’s forthcoming Vera Rubin platform. This advanced product achieves bandwidth exceeding 2.8 TB/s — representing more than double the performance of its predecessor — while delivering over 20% improved power efficiency.
This positions Micron as a critical supplier in the accelerating AI infrastructure expansion.
Additionally, Micron has finalized its acquisition of the P5 fabrication facility from Powerchip Semiconductor Manufacturing located in Tongluo, Taiwan. The transaction, initially disclosed in January 2026, incorporates approximately 300,000 square feet of cleanroom manufacturing space.
The semiconductor manufacturer intends to modernize the facility for DRAM and HBM manufacturing, with initial production shipments anticipated to commence in fiscal year 2028.
Rakers noted that market participants will be closely monitoring how Micron addresses competitive dynamics surrounding HBM4 within the context of Nvidia’s Rubin product cycle.
The consensus analyst price target of $407.89 currently trades below MU’s present price of $426.13, suggesting a modest downside of 4.28% based on the one-year consensus outlook.
Remember: Preserve all tokens like [[EMBED_0]], [[IMG_0]], [[LINK_START_0]], [[LINK_END_0]], [[SCRIPT_0]], [[FIGURE_0]] etc. exactly as they appear. These are placeholders for embeds, images, and links that must not be changed.
Crypto World
Trump Urges Immediate Fed Rate Cut, Adding Macro Pressure to Markets
US President Donald Trump has demanded the Federal Reserve hold a “special meeting” to cut interest rates immediately, calling the current 3.50% to 3.75% target range a threat to national security.
While CME FedWatch data shows a 99% probability of rates holding steady at this week’s Federal Reserve meeting, the political pressure is adding volatility to Bitcoin and risk assets as traders bet on future liquidity injections.
(Source – FedWatch, CME Group)
Trump’s comments, likening the need for cuts to logic a “third-grade student” would understand, come as Bitcoin hovers near record highs, sensitive to any shift in the cost of capital. With the US national debt exceeding $39 trillion, the push for lower servicing costs is colliding with the Fed’s data-dependent stance on inflation.
- Trump blasted Fed Chair Powell, demanding immediate cuts despite inflation holding at 2.4%.
- Futures markets price a near-zero chance of a cut at the March 17 FOMC meeting.
- Lower rate expectations typically boost Bitcoin as liquidity flows into risk-on assets.
Trump Calls for Rate Cuts as Fed Holds Steady
Speaking at a White House meeting, Trump explicitly called for a break in protocol, suggesting the central bank should not wait for scheduled FOMC gatherings to act. “What’s a better time to cut interest rates than now? A third-grade student would know that,” Trump said, according to videos shared on X.
PRESIDENT TRUMP JUST SAID
“The Fed should hold a special meeting to cut interest rates right now.”
“What’s a better time to cut interest rates than now? A third-grade student would know that.” pic.twitter.com/lXpSbYYJWQ
— Ash Crypto (@AshCrypto) March 16, 2026
This follows a Truth Social post on Thursday in which he stated that the Fed chair “should be dropping interest rates, IMMEDIATELY.”
The friction between the White House and the Federal Reserve is not new, but the stakes have risen. Trump has labeled Chair Jerome Powell “too late,” arguing that maintaining the federal funds rate between 3.50% and 3.75% is hurting the economy and national security.
It seems that the President’s urgency stems partially from the housing market, where 30-year fixed mortgage rates have surged to 6.11%.
Despite the rhetoric, the data do not support an emergency cut. CME futures markets indicate a 99% probability that rates will remain unchanged this week.
The Fed has maintained a cautious approach, aiming to ensure inflation, currently at 2.4%, does not reignite, especially given oil price volatility driven by tensions in the Middle East.
How Lower Rates Could Unlock Crypto Liquidity
For crypto traders, the political pressure on the Fed is a direct signal regarding liquidity conditions. Lower interest rates reduce the cost of borrowing and typically weaken the dollar, prompting investors to seek higher-risk, scarce assets like Bitcoin.
This macro dynamic is already influencing institutional behavior, as institutional capital flows like BlackRock’s recent $600 million BTC purchase suggest smart money is positioning for a more dovish environment eventually.
The transmission mechanism is simple: cheaper money fuels broader market liquidity. When risk-free yields on Treasury bonds drop, capital rotates into speculative assets seeking higher returns. This correlation has been a primary driver of Bitcoin’s price since the 2020 quantitative easing cycle.
However, the risk remains that premature cuts could spike inflation again. If the market senses that the Fed is losing its independence to political pressure, Bitcoin could see a different kind of bid, not just as a risk asset but as a hedge against monetary debasement.
Many analysts act on this premise, discussing why crypto is decoupling from traditional assets like gold to forge its own path as a liquidity sponge.
Bitcoin Price Outlook: Rate Cut Hopes vs. Macro Uncertainty
The tension between Trump’s demands and Powell’s caution creates volatile short-term price action for Bitcoin. Traders are watching key technical levels that align with these macro narratives.
Bull Scenario: If the Fed signals any openness to accelerated cuts in their statement, Bitcoin will likely target the $74,000 resistance level immediately. A breakout here opens the path to psychological targets at $80,000.
On-chain data support this view, as large Bitcoin wallets have resumed accumulation near the $71,000 level, anticipating that the macro wind will eventually blow in their favor.
Bear Scenario: If the Fed holds firm and emphasizes “higher for longer” to combat 2.4% inflation, the disappointment could trigger a leverage flush. In this case, Bitcoin risks losing the $69,000 support level.
FOMC Timeline and Crypto Market Catalysts Ahead
The immediate focus is the Federal Reserve’s rate decision scheduled for Wednesday, March 18. While no cut is expected, the “dot plot” projections and the tone of Powell’s press conference will be critical. Traders should also watch the April 29 meeting odds; any uptick in cut probabilities there will be front-run by crypto markets.
If Bitcoin cannot reclaim $73,500 following the Fed’s commentary, the consolidation phase is likely to extend into Q2.
The post Trump Urges Immediate Fed Rate Cut, Adding Macro Pressure to Markets appeared first on Cryptonews.
Crypto World
Can XRP price hold $1.50 support as whales accumulate and active wallets surge?
XRP price hit a multi-week high of $1.6 on March 17 before settling around $1.5. Can it hold the key support level as whale demand is back?
Summary
- XRP price climbed to a four-week high near $1.60 as the broader crypto market rallied following Bitcoin’s breakout above $75,000.
- On-chain data shows whales have shifted back into accumulation mode, while Binance reserves have risen to 2.78 billion XRP.
- Growing network activity and strong technical indicators suggest bulls remain in control as traders watch support near $1.50.
According to data from crypto.news, XRP (XRP) price hit $1.60 on Tuesday, March 17, its highest level over the past 4 weeks. Trading at $1.52 at the time of writing, the asset has rallied 11% from its weekly lows and 19% from its lowest point over the past month.
While a market-wide rebound following Bitcoin’s surge past the $75,000 psychological resistance provided a strong tailwind, several specific catalysts have supported these recent gains.
First, whales have officially entered accumulation mode after months of remaining in a distribution phase. Data from CryptoQuant shows that the XRP Whale Flow 30-day moving average, a metric that tracks the movement of coins into large holder wallets, has switched to positive after nearly four months of red. This shift is significant because whale accumulation often sparks retail interest in the asset as smaller investors look to follow the lead of influential market participants.

Second, reports indicate that XRP reserves on Binance have soared to 2.78 billion tokens, their highest levels since late 2025. As whales remain in an accumulation phase, they could gobble up most of these available tokens, which could lead to a supply crunch that drives prices even higher.
Third, investors are showing increased engagement with the underlying technology. Per data from Santiment, the total number of active addresses on the XRPL network climbed to a five-week high. A surge in active addresses indicates growing network utility and a rise in unique user participation, which typically serves as a bullish signal for long-term price stability.

Should these trends continue, the current support level may act as a solid foundation for the next leg up.
Technical indicators suggest that bulls hold the upper ground at press time. On the daily chart, the Aroon Up reading currently stands at 100% while the Aroon Down is at 35.71%. When the Aroon Up is significantly higher than the down, it means that the market is in a strong uptrend and that the most recent price highs were achieved very recently.

The relative strength index remains above 59 after slipping from 63 since yesterday. This is a sign that while the immediate buying momentum seems to have waned a bit, the bullish trend is not completely exhausted, and there is still plenty of room for further upside before the asset becomes overbought.
Hence, the XRP price will likely hold the $1.50 support with a potential rally to $1.65 if it manages to rebound and sustain above the $1.53 level, which aligns with the 38.2% Fibonacci retracement level, a key area that traders often watch for signs of trend continuation.
Meanwhile, failure to hold the $1.40 support would likely lead to a deeper correction toward the $1.37 zone.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto World
XRP Price Flips BNB as Open Interest Rebuilds Toward Pre-Crash Levels
XRP price just flipped BNB to become the fourth largest crypto by market cap. Price pushed past $1.50 on a 125% volume spike. Total market cap hit $93.4 billion.
Futures open interest on Binance has climbed 59% since October. Traders are re-leveraging aggressively. OI is rebuilding toward the same danger zone that preceded the last major crash.
XRP is still 58% below its 2025 highs. But the speed of this open interest rebuild suggests smart money is positioning for a sustained move, not just a quick scalp.
Open Interest Surge Signals Leveraged Conviction
Coinglass data puts XRP open interest on Binance at 353.49 million XRP as of March 17. Back in October it was sitting at 222.79 million. That is a significant rebuild.
Here is what makes it interesting. Price has not reclaimed its October highs yet. But OI is already surging. That divergence points to net new long positioning entering the market. Traders are not chasing a recovery. They are front-running one.

XRP trading hit $3.22 billion during the BNB flip, significantly outpacing its rival.
Large wallets are accumulating across major assets right now. The positioning looks less like a dead cat bounce and more like a bet on sustained momentum.
Can XRP Price Hold the $1.50 Breakout? Key Levels to Watch
XRP is trading at $1.53, having broken through $1.40 on high volume. Now it is testing the $1.50 to $1.60 zone. A range that has killed previous rallies multiple times.
Bull case: hold above $1.53 on a daily close and the breakout is confirmed. Next target is $1.90 if volume stays elevated enough to absorb profit taking.
Bear case: lose $1.50 and the price retraces to $1.35. RSI is heating up fast. A rejection here flushes the late longs who chased the breakout.
Now the structural concern.
Open interest is at 353 million XRP and climbing toward 400 million. That exact level was the ceiling in September 2025 right before XRP collapsed from $3.65 to under $2. The difference this time is price is still 58% below those highs. More leverage per dollar of market cap. That is a powder keg setup.
A small spot correction could trigger cascading liquidations. Institutional ETF demand provides some floor. But the leverage density makes the market fragile.
Watch Binance funding rates over the next 48 hours. Rates spike while price stalls at $1.55 and a flush is coming. Price grinds higher with stable OI and $1.80 opens up.
The setup is explosive in both directions.
The post XRP Price Flips BNB as Open Interest Rebuilds Toward Pre-Crash Levels appeared first on Cryptonews.
Crypto World
T. Rowe Price Files for Multi-Crypto ETF Including Dogecoin and Shiba Inu
TLDR
- T. Rowe Price submitted an amended S-1 filing to the SEC for its upcoming actively managed cryptocurrency ETF
- The investment vehicle will maintain between 5 and 15 digital currencies simultaneously, selected through quantitative analysis
- Anchorage Digital Bank has been designated as the custodian for cryptocurrency assets in the revised documentation
- The eligible token roster expanded to 15 assets with the addition of Sui, alongside Bitcoin, Ether, Dogecoin, and Shiba Inu
- The investment product seeks to exceed the performance of the FTSE US Listed Crypto Index and may incorporate staking operations
T. Rowe Price, a major asset management company overseeing $1.8 trillion in assets, has submitted a revised registration document to the US Securities and Exchange Commission for its planned Price Active Crypto ETF.
The updated S-1 filing was delivered on Monday, expanding upon the initial documentation submitted in October 2025. The investment vehicle is structured to provide investors with professional management of digital currency exposure through conventional brokerage platforms.
The submission identifies 15 digital currencies eligible for inclusion, featuring Bitcoin, Ether, Solana, XRP, Dogecoin, Shiba Inu, Chainlink, and Sui. The latter represents a fresh addition absent from the October proposal.
The investment fund will not simultaneously hold all 15 cryptocurrency assets. During typical market conditions, the portfolio will contain between five and fifteen digital tokens.
Investment selections will be determined through quantitative algorithms analyzing fundamental metrics, asset valuation, and market trends. The objective is to surpass the benchmark performance of the FTSE US Listed Crypto Index.
The revised documentation designates Anchorage Digital Bank as the custodial institution for the fund’s digital assets. This financial institution will handle security and storage of the cryptocurrencies within the ETF.
How the Fund Would Work
Initially, participants would establish or liquidate positions using fiat currency rather than direct cryptocurrency transfers. The documentation indicates this framework may evolve to accommodate in-kind exchanges.
The submission also mentions the potential for staking activities, wherein tokens are committed to support blockchain network operations in exchange for yield generation. T. Rowe Price indicated staking decisions would depend on tax implications and regulatory clarity.
T. Rowe Price has provided investment management services for approximately 87 years and ranks among the top 25 global asset management firms. The organization is primarily recognized for its mutual fund offerings and retirement planning services rather than cryptocurrency investments.
The initial October submission caught many market analysts off guard. Nate Geraci, president of NovaDius Wealth Management, commented that the filing appeared out of “left field” considering T. Rowe Price’s conventional investment approach.
Major Asset Managers Moving Into Crypto
T. Rowe Price is among several established financial institutions entering the cryptocurrency ETF marketplace. BlackRock, Fidelity, Franklin Templeton, VanEck, and Invesco have previously introduced digital asset investment vehicles.
The initial submission occurred near what was then considered a market peak, following Bitcoin’s surge past $120,000. The filing coincided with a significant liquidation episode affecting leveraged cryptocurrency derivatives.
Subsequently, digital asset valuations declined and crypto ETFs experienced sustained capital withdrawals spanning multiple months. However, cryptocurrency ETF flows have recently shifted back to positive territory, based on CoinGlass tracking data.
The revised filing incorporates current information regarding the FTSE Crypto US Listed Index, including component weightings updated through January 2026.
Additional risk disclosures have been incorporated addressing portfolio turnover rates and the fund’s active management approach.
The SEC has not yet announced a timeline for potential approval.
Crypto World
Here’s The Next Price Target as Bulls Take Charge
Ripple’s token also surpassed BNB in terms of market cap today.
Alongside the rest of the market, XRP jumped earlier today to over $1.60, a level not seen in just over a month.
Although it was rejected there and now trades at around $1.50, the asset could be primed for more gains ahead, and Ali Martinez outlined the next possible target.
XRP to Aim at $1.85?
In the days leading up to today’s surge, Martinez also reported that the Bollinger Bands on XRP’s chart had squeezed as the asset spent most of the previous few weeks trading sideways in a relatively tight range between $1.33 and $1.47. Consequently, the analyst suggested that a bigger move is on its way, without providing any clear indication of the direction.
However, the cross-border token finally broke out of that range yesterday, surging past $1.50. It climbed to over $1.60 earlier this morning, and even though it was stopped there, it’s still above the upper boundary of its previous trading range. Consequently, Ali Martinez noted that the aforementioned big move might take the asset to its next notable target at $1.85.
$XRP is breaking out of this triangle!
Target: $1.85. https://t.co/3dirkMNDwF pic.twitter.com/H2D56F5zyZ
— Ali Charts (@alicharts) March 17, 2026
Interestingly, the impressive price resurgence over the past few days comes even as the spot XRP ETFs continue to underperform. After registering a highly negative 7-day streak, the funds were in the red once again on Monday, with almost $6 million in net outflows.
However, the company behind the token has made some major moves lately, including announcing plans to secure an Australian Financial Services License, as well as a partnership focused on the US and Canadian markets.
You may also like:
Strongly Bullish
CryptoWZRD also weighed in on the token’s recent performance, noting that it closed “strongly bullish,” especially against BTC. The analyst expects “more bullish moves from XRP/BTC,” which will help the cross-border asset in the near future.
Fellow market observer CW outlined a chart showing that XRP has touched the lower line of the ascending channel, which represents its cycle bottom. They added that “an uptrend has now begun” after a Heikin Ashi green candle appeared following the successful retest of the bottom level.
The lower line of the ascending channel is the bottom of $XRP.
And a Heikin Ashi green candle appeared.
After touching the bottom, the trend reversed. An uptrend has now begun. pic.twitter.com/i5H5nDFKZH
— CW (@CW8900) March 17, 2026
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Crypto World
Equity, oil and bond markets have freaked out. Bitcoin traders have not.
The bitcoin price has remained relatively unscathed during the two‑week war with Iran. What’s more impressive is that its key volatility metrics have also held steady, a sign that crypto traders are less fearful than those in traditional markets such as equities, oil and bonds.
Tensions between Iran, the U.S., and Israel broke into open conflict on Feb. 28, damaging oil infrastructure across the Middle East and disrupting tanker flows. Analysts warned that the turmoil could trigger massive price volatility and fear-driven hedging across asset classes.
So far, they have been partially wrong.
Bitcoin’s 30-day implied volatility index, BVIV, has remained remarkably steady, holding between 55% and 60%, according to TradingView data. Implied volatility reflects the demand for options, so the stability suggests traders have not been aggressively buying put options, which hedge against price declines.
Traders in traditional markets, however, have freaked out and been chasing those options, as evidenced by spikes in their respective volatility indexes.
The equities gauge, the VIX — which measures the expected 30-day volatility of the S&P 500 based on options prices — averaged just above 20% before the conflict. It jumped to over 32% on March 6 and remained elevated near 26% on Monday.
Cboe’s crude oil volatility index, OVX, surged to more than 100% from 64%. MOVE, which tracks volatility in U.S. Treasury notes, rose to 85% from 73%, hitting a high of 95% at one point, reflecting broad-based market uncertainty. The volatility index for gold, traditionally seen as a haven during troubled times, held steady above 30%.
The divergence between the bitcoin and traditional market indexes matters. Asset prices can be noisy and affected by erratic flows, but volatility indicators often provide a clear picture of investor sentiment, especially the demand for hedging against downside risks. By that measure, BTC traders appear calm.
One possible explanation is that the crypto sentiment was already unsettled before the Iran conflict. Bitcoin’s price plunged from an all‑time high above $126,000 in October 2025 to the low $60,000s in subsequent months, a drawdown that shook out many bulls and forced others to hedge against further declines.
In that context, the Iran war has been less of a shock to the crypto market than to stocks and other markets, which traded near record highs or were calm in the weeks leading up to the conflict.
According to an analysis by bitcoin-focused financial firm River, the cryptocurrency has averaged double-digit returns over 60-day periods during multiple geopolitical events since 2020.

History is repeating itself. Bitcoin has rallied more than 10% to $74,000 in two weeks, according to CoinDesk data.
All things considered, the message is clear: BTC has held steady when it mattered the most. It remains to be seen if the stability persists.
Crypto World
Hyperliquid (HYPE) Surges to $40 as Whale Activity and Open Interest Soar
Key Highlights
- HYPE surged approximately 10% to reach the $40 price level, establishing itself as the top gainer among the 20 largest cryptocurrencies by market capitalization
- Open Interest increased to $1.67 billion, marking the highest reading since early February and indicating significant new capital inflows
- Funding rates shifted into positive territory at 0.008%, demonstrating that long position holders are compensating short sellers
- The 4-hour RSI indicator stands at 70, approaching overbought levels, while the MACD displays a bullish crossover pattern
- Tokenized assets accounted for 33% of Hyperliquid’s weekly trading volume, establishing a new platform record
Hyperliquid (HYPE) has climbed to $40 following a nearly 10% price increase on Monday. This upward movement enabled HYPE to surpass Cardano’s ADA, securing the position as the tenth-largest cryptocurrency by market capitalization.

The price surge is supported by robust on-chain metrics and derivatives market indicators. According to CryptoQuant analytics, significant whale transactions, buy-side pressure dominance, and stabilizing conditions across both spot and futures markets are evident.
In the derivatives markets, Open Interest (OI) expanded to $1.67 billion on Tuesday. This represents the highest measurement recorded since the beginning of February, with consistent growth observed throughout March.

An increase in OI generally indicates that fresh capital is flowing into the market. This additional liquidity could provide support for the current upward price trajectory.
Hyperliquid’s funding rates transitioned to positive territory on Sunday and climbed to 0.008% by Tuesday. This shift from negative to positive funding rates indicates that traders with long positions are compensating those with short positions — a clear indication of robust bullish sentiment.
Chart Analysis Suggests Further Upside Potential
Examining the 4-hour timeframe, HYPE successfully breached a daily resistance barrier at $36.51 last Thursday. The token established support around that threshold the next day before climbing roughly 10% through Monday’s trading session.
The 4-hour RSI reading stands at 70, positioned just beneath overbought conditions. Additionally, the MACD indicator has generated a bullish crossover signal, accompanied by expanding green histogram bars that reinforce the positive technical outlook.
Should HYPE maintain its upward momentum, the primary target remains the $50 psychological threshold. Nevertheless, the October 29 peak of $49.88 could serve as resistance due to concentrated sell-order activity in that price zone.
A brief retracement within the overall uptrend remains possible. In such a scenario, the initial support level to monitor would be $36.51, with secondary support at $33.60, which was most recently tested on March 10.
Record-Breaking Tokenized Asset Trading Activity
Beyond price movements, tokenized assets represented 33% of Hyperliquid’s total weekly trading volume. This marks an unprecedented all-time high proportion for this asset category on the platform, based on Blockworks data.
Tokenized assets also constitute approximately 21% of the total open interest on Hyperliquid. Open interest represents the aggregate value of all active derivative contracts.
The expanding proportion of tokenized assets indicates that an increasing number of traders are maintaining positions in these instruments over extended timeframes.
Tokenized assets represent conventional financial instruments or tangible real-world assets that have been digitized on blockchain networks, enabling them to be exchanged within decentralized trading environments.
As of Tuesday’s trading session, HYPE is valued at $40 with bullish traders eyeing $50 as the subsequent critical resistance level.
Crypto World
Nvidia (NVDA) Shares Set a March High
Nvidia shares experienced heightened volatility yesterday, with the price jumping to a March high during the Nvidia GTC 2026 conference, where Jensen Huang made several major announcements. According to media reports:
→ Nvidia unveiled a next-generation platform named after the astronomer Vera Rubin. The new chips are designed for “agentic AI” (AI agents).
→ The company expects total orders for current-generation AI systems (Blackwell) and next-generation systems (Vera Rubin) to reach $1 trillion by 2027. This is double the company’s previous $500 billion forecast announced earlier.
→ Huang also noted that market demand is shifting. While chips were previously purchased mainly for training AI models, demand is now increasingly driven by companies such as OpenAI, Meta and Anthropic, which must serve hundreds of millions of users in real time.
As the NVDA chart shows, the share price rose above the $188.50 level, but later pulled back, which may suggest excessive optimism among buyers and aggressive selling pressure.

Technical Analysis of Nvidia (NVDA)
On the morning of 26 February, while analysing NVDA price movements following the quarterly earnings release, we:
→ updated the long-term ascending channel (which remains intact);
→ pointed to the negative experience of other tech giants earlier in 2026, whose shares rallied briefly after earnings before turning lower (for example, Meta);
→ suggested that if bulls wanted to confirm control of NVDA, it would be important to keep the price above the $192.50 level.
During the main trading session that same day, the $192.50 level was broken by bears on a wide candle accompanied by rising volumes, confirming these concerns. Moreover, the downward momentum continued the following day, eventually leading to the A→B swing.
Overall, bulls still have reasons to remain calm, as:
→ the fundamental backdrop remains optimistic;
→ the lower boundary of the ascending channel continues to act as strong support.
However, the NVDA price chart also presents some warning signs:
→ peak A may represent a bull trap;
→ yesterday’s candle with a long upper shadow could also signal a similar trap.
If this proves to be the case, a test of the lower boundary of the channel would be a logical next step. Such a scenario could significantly alter sentiment in the NVDA stock market.
Buy and sell stocks of the world’s biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Crypto World
Home Security Cameras Used to Steal $172M in Bitcoin, Trial Set to Begin
TLDR
- Ping Fai Yuen alleges his estranged spouse Fun Yung Li accessed 2,323 Bitcoin from his Trezor wallet in August 2023 by recording his seed phrase via household surveillance cameras
- The cryptocurrency held a value near $60 million when allegedly stolen but has since appreciated to approximately $172 million
- The digital assets were distributed across 71 different blockchain addresses with no transaction activity recorded after December 21, 2023
- While dismissing the primary conversion claim, a UK High Court judge permitted the case to advance on alternative legal grounds
- Justice Cotter determined the husband possesses “a very high probability of success” and advised scheduling an expedited trial
Ping Fai Yuen, a British man, alleges that his estranged spouse Fun Yung Li covertly captured the 24-word seed phrase for his Trezor hardware wallet through domestic surveillance equipment. According to his claims, she subsequently utilized this information to authorize the unauthorized transfer of 2,323 Bitcoin in August 2023.
The Bitcoin held an estimated value approaching $60 million during the alleged incident. Based on current market prices hovering around $74,000 per token, the holdings are now worth approximately $172 million.
The disputed cryptocurrency moved through multiple transactions before settling into 71 distinct blockchain addresses. Court filings indicate these addresses have remained dormant with zero recorded movements since December 21, 2023.
According to Yuen’s testimony, his daughter alerted him to his wife’s alleged intentions to appropriate the Bitcoin. Following this warning, he deployed audio surveillance technology throughout their residence. He asserts these recordings document his wife deliberating about the theft and strategizing methods to transfer substantial funds while avoiding scrutiny from financial institutions and law enforcement.
Law enforcement officials arrested Li and confiscated multiple cold storage wallets and timepieces during a residence search. She was subsequently released under bail conditions. Authorities eventually determined no additional action would be pursued unless fresh evidence emerged.
Legal Battle Over Crypto Property Rights
This case presents a fundamental legal question: can Bitcoin be classified as property under current English legal frameworks?
Li’s legal representatives petitioned for case dismissal. They contended that Yuen’s primary allegation centered on conversion, a legal doctrine in England historically applicable exclusively to tangible property and incompatible with digital assets such as Bitcoin.
The presiding judge concurred that conversion was inapplicable. Nevertheless, Justice Cotter determined the proceedings could advance to trial based on alternative legal theories that might enable Yuen to reclaim the Bitcoin should his accusations be substantiated.
In an unrelated September 2024 incident, a physical altercation occurred between Ping and Li. Yuen subsequently entered guilty pleas to assault occasioning actual bodily harm plus two counts of common assault.
Yuen has additionally informed the court of his suspicion that the 71 Bitcoin addresses have been subjected to a dusting attack. These attacks involve transmitting minimal cryptocurrency amounts to wallets for tracking purposes and potentially identifying valuable holders for phishing schemes and additional fraudulent activities.
Judge: Evidence Is “Damning”
In November 2024, Yuen filed for an asset preservation injunction requesting the court freeze the cryptocurrency, formally recognize his ownership rights, and either restore the Bitcoin or compensate him with equivalent cash value.
Justice Cotter documented that Yuen possesses “a very high probability of success,” citing the audio documentation and the hardware discovered during Li’s residence search.
“The transcripts are damning,” Cotter stated, noting that Li provided no justification for the Bitcoin transfers.
Justice Cotter further advocated for an accelerated trial, characterizing it as “necessary given the security threats to, and volatility of value of, the Bitcoin.”
-
Tech6 days agoA 1,300-Pound NASA Spacecraft To Re-Enter Earth’s Atmosphere
-
Crypto World3 days agoHYPE Token Enters Net Deflation as HyperCore Buybacks Outpace Staking Rewards
-
Business7 days agoExxonMobil seeks to move corporate registration from New Jersey to Texas
-
Fashion4 days agoWeekend Open Thread: Addict Lip Glow
-
Tech7 days agoChatGPT will now generate interactive visuals to help you with math and science concepts
-
Sports3 days ago
Why Duke and Michigan Are Dead Even Entering Selection Sunday
-
NewsBeat6 days agoResidents reaction as Shildon murder probe enters second day
-
Business2 days agoSearch for Savannah Guthrie’s Mother Enters Seventh Week with No Arrests
-
Business6 days agoSearch Enters Sixth Week With New Leads in Tucson Abduction Case
-
Business3 days agoUS Airports Launch Donation Drives for Unpaid TSA Workers as Partial Government Shutdown Enters Fifth Week
-
Crypto World3 days agoCoinbase and Bybit in Investment Talks: Could Bybit Finally Enter the US Crypto Market?
-
Sports6 days agoPWHL, Senators discussing plan to keep Charge in Ottawa
-
NewsBeat6 days agoI Entered The Manosphere. Nothing Could Prepare Me For What I Found.
-
Business3 days agoCountry star Brantley Gilbert enters growing non-alcoholic beer market
-
Business1 day agoAustralian shares drop as Iran war enters third week
-
Sports4 days agoCollege Basketball Best Bets: Conference Tournament Semifinal Picks
-
Crypto World1 day agoCrypto Lender BlockFills Enters Chapter 11 with Up to $500M in Liabilities
-
Crypto World7 days agoWill Chainlink price reclaim $10 amid volatility squeeze?
-
Politics6 days agoTrump Says Middle East Is ‘Very Lucky’ That He’s President
-
Tech7 days agoClarity as strategy


PRESIDENT TRUMP JUST SAID
You must be logged in to post a comment Login