Crypto markets extended their gains on Wednesday after the Bureau of Labor Statistics reported that the consumer price index increased 0.3% for the month, putting the annualized U.S. inflation rate at 2.4%, in line with expectations.

Bitcoin (BTC) is trading at around $70,500, up 0.5% over the past 24 hours. Meanwhile, ETH climbed 1.4% to $2,070, SOL gained 1.2% to $87, and XRP is flat on the day.

The overall crypto market capitalization climbed 0.5% to $2.48 trillion, according to Coingecko.

Crude oil (WTI) is trading at around $85 per barrel after International Energy Agency (IEA) member nations pledged to release 400 million barrels from their emergency stockpiles. The S&P 500 and the Nasdaq were unchanged on the day.

Most of the Top 100 digital assets posted gains over the last 24 hours.

Today’s top gainers are Internet Computer (ICP), which rallied 9%, followed by Hyperliquid (HYPE), which climbed 6%.

Midnight (NIGHT) and Zcash (ZEC) are the biggest losers

Around 94,000 leveraged traders were liquidated for $183 million in the past 24 hours, according to CoinGlass. Bitcoin accounted for $62 million, while ETH positions made up $44 million.

Bitcoin exchange-traded funds (ETFs) recorded inflows of $251 million on Tuesday.

TLDR

• Nebius shares rose more than 13% to $110 after Nvidia announced a $2 billion investment.
• NVDA stock traded near $185 and recorded a modest gain during Wednesday’s session.
• Nvidia confirmed it will support Nebius in building large-scale cloud systems for artificial intelligence workloads.
• Jensen Huang said Nebius is developing a cloud platform optimized for autonomous agents.
• The partnership focuses on deploying advanced computing infrastructure and managing large compute fleets.

Nebius Group shares climbed to $110 on Wednesday after Nvidia ( NVDA) disclosed a $2 billion investment in the company. The stock gained more than 13% before the Wall Street opening bell. Meanwhile, Nvidia shares traded near $185 and posted a modest increase during the session.

NVDA Stock Jumps as Nvidia Expands AI Cloud Partnership

Nvidia confirmed a $2 billion investment in Nebius to support large-scale cloud systems for artificial intelligence workloads. The announcement lifted NVDA stock and pushed Nebius shares sharply higher in early trading. Nvidia stated that the partnership will focus on deploying advanced computing infrastructure and managing large compute fleets.

NVIDIA Corporation, NVDA

Jensen Huang, Chief Executive Officer of Nvidia, said, “Nvidia has begun building a cloud system optimized for autonomous agents.” He added that the platform integrates hardware, software, and networking around Nvidia-accelerated computing. As a result, both companies will coordinate on designing AI factories for next-generation applications.

Nebius plans to build infrastructure designed specifically for artificial intelligence tasks and distributed systems. The company will manage large compute clusters and support advanced inference workloads. Nvidia will supply core technologies and align its computing roadmap with Nebius cloud expansion plans.

The companies outlined joint efforts to scale data center operations and optimize performance for complex model training. Nvidia will provide graphics processing units and networking solutions for these deployments. Nebius will oversee system integration and cloud platform management across its facilities.

Nvidia Strengthens AI Ecosystem Investments

Nvidia has increased investments across the artificial intelligence ecosystem in recent months. The company disclosed $2 billion investments in Lumentum and Coherent to expand infrastructure capabilities. Nvidia also backed Thinking Machines Lab, founded by former OpenAI executive Mira Murati.

The chipmaker participated in OpenAI’s $100 billion funding round earlier this year. Nvidia also outlined plans to invest up to $10 billion in Anthropic. These transactions position Nvidia across hardware supply and platform development segments.

The company continues to allocate capital toward research labs and infrastructure providers. Nvidia integrates its accelerated computing systems across partner platforms. Through these agreements, the company strengthens coordination between hardware design and cloud deployment.

NVDA Stock Technical Levels in Focus

NVDA stock trades within an ascending triangle pattern on the weekly chart. Analysts identify $174 as a key support level for the structure. If the price drops below $174, traders expect a move toward the $164 to $166 range.

However, the stock remains positioned near the midpoint of the formation. If buying pressure increases, analysts project a breakout target between $192 and $196. Current trading levels reflect consolidation inside the established technical pattern.

Nvidia shares traded near $185 during Wednesday’s session following the Nebius investment disclosure. Nebius shares held gains above 13% after the market opened. The companies continue executing infrastructure plans announced with the $2 billion agreement.

A five-year low in SHIB’s exchange supply strengthens the bullish argument.

While the second-largest meme coin has been stuck in a prolonged downtrend over the past several months, some market observers believe the price may stage an impressive comeback soon.

Certain on-chain factors reinforce the bullish scenario, whereas stalled activity on Shibarium suggests the bears might not give up easily.

SHIB to Skyrocket?

As of press time, the meme coin trades at around $0.000005653, representing a 52% decline on a yearly scale. Its market capitalization has fallen to roughly $3.3 billion, positioning it as the 31st-biggest cryptocurrency.

According to X user JAVON MARKS, SHIB appears to be nearing the breaking point of another Falling Wedge-like structure and may be gearing up for a substantial jump. The analyst noted that the last move out of such a formation was followed by a whopping 455% price increase, prompting the question of whether history is about to repeat itself.

Another market observer who recently touched upon the token is CRYPTO LEGEND. They believe SHIB could emerge as one of the strongest performers in a future altseason, with gains potentially reaching 10x.

A possible hint of an upcoming rally is the persistent decrease in tokens sitting on crypto exchanges. CryptoQuant’s data shows that the figure recently plunged to a five-year low of around 80.1 trillion. The trend indicates that investors have been steadily shifting from centralized platforms to self-custody, thus reducing immediate selling pressure.

Shiba Inu’s Relative Strength Index (RSI) should also be mentioned. The technical analysis tool has tumbled to around 30 on a weekly scale, suggesting that the asset has neared oversold territory and could be due for a resurgence. Conversely, ratios above 70 are interpreted as precursors of a pullback.

You may also like:

Further Pain for the Bulls?

In contrast to the optimistic forecasts, SHIB’s burning mechanism and Shibarium’s stagnation point to the possibility of further weakness. The burn rate is down nearly 30% on a daily scale, resulting in less than 5 million tokens (whose USD valuation is negligible) sent to a null address.

The program was adopted in 2022, and since then, the team and the community have scorched roughly 410.75 trillion coins, leaving approximately 585.47 trillion in circulation. Its ultimate goal is to reduce SHIB’s overall supply, thereby potentially driving up prices due to scarcity (should demand remain constant or rise).

Shibarium’s stalled progress is another bearish factor. Launched in the summer of 2023, Shiba Inu’s layer-2 scaling solution was designed to boost the ecosystem by lowering fees, boosting speed, and improving scalability.

However, the protocol suffered an exploit last year, which severely damaged investor confidence. Daily transactions, once in the millions, plunged to mere hundreds after the incident.

Jensen Huang just made the bullish case for AI infrastructure by predicting that trillions of dollars are still to be built, millions of skilled jobs still to be created, and every company on earth will eventually run on it.

While the AI infrastructure buildout plays out over decades, the crypto market has its own AI story developing at a much faster pace, and it has gotten everyone asking why investors are bullish on DeepSnitch AI.

The answer is clear: DeepSnitch AI is a crypto application layer that provides a clear use case for traders, and the $2M raised and community going ballistic with 100x-300x anticipation ahead of March 31 TGE is the clear proof of potential.

AI as a five-layer cake

Jensen Huang, Nvidia CEO, pushed back on AI job fears this week, arguing in a blog post that the technology requires an enormously skilled workforce to build and maintain the infrastructure underneath it.

He argues that electricians, steelworkers, network technicians, and operators are all in short supply.

Describing AI as a five-layer cake, Huang proposes that the AI consists of energy, chips, infrastructure, models, and applications. Moreover, most of the buildout isn’t yet happening, and Huang expects that trillions of dollars of infrastructure remain to be built.

The comments come as companies like Block, Pinterest, and Dow cited AI efficiency gains while cutting thousands of jobs. NVIDIA CEO says that it’s important to separate infrastructure jobs from roles becoming automated.

Meanwhile, retail traders are out “looking” for money, but many are disappointed by the recent prospects for affordable established coins. And since DeepSnitch AI is both an AI project that technically presents Huang’s “application” layer, DeepSnitch AI investor interest is high, as it doubles as a legitimate tool and potentially a breakout coin.

Altcoins to watch in March 2026

1. DeepSnitch AI: DeepSnitch AI bullish sentiment peaking in anticipation of March 31 launch

While the broader AI buildout is measured in decades, DeepSnitch AI is already live with five AI agents running through a central intelligence layer, delivering real-time sentiment tracking, rug pull detection, instant DYOR via contract address, and a hidden gem scanner.

Best of all, these tools are all located within a single dashboard – no learning curve, no back-and-forth.

In short, the project’s utility and early development have attracted $2M in capital. While the hype certainly plays a role, there is genuine DeepSnitch AI market demand as traders are actively looking for a singular set of AI trading tools.

As such, there’s a strong possibility that DeepSnitch AI will end up in many traders’ portfolios post-launch, delivering steady growth for investors following a massive 100x-300x, community-projected run.

Still priced at $0.04399, FOMO is hitting after the launch was set for 31, and it was confirmed that DSNT will be available for open trading on Uniswap (although CEX and additional DEX listings are expected).

AI is the biggest infrastructure story of the century. DeepSnitch AI is the application layer for traders who want to benefit from it, not in ten years, but now – and that’s the TLDR on why investors are bullish on DeepSnitch AI.

2. Dogecoin: Is there hope for DOGE?

According to CoinMarketCap, DOGE recovered to $0.091 on March 11.

DOGE has struggled recently, but bulls are seemingly back and have started targeting the $0.10 level.

Yet, a breakout can be confirmed only if buyers test the $0.12 breakdown level as DOGE will establish its cycle button.

If the current recovery stalls, DOGE could once again see its $0.08 February low, meaning that the structure remains fragile.

3. Cardano: What’s next for ADA?

According to CoinMarketCap, ADA’s small recovery screeched to a halt, and the coin settled at $0.25.

While many are asking why investors are bullish on DeepSnitch AI, ADA buyers are still not giving up as they target the 20-day EMA at $0.27. If the price rejects the rally, ADA will remain in its descending channel until the next floor materializes.

On the other hand, if the selling pressure starts building up, Cardano could slide further, erasing all the recent gains.

Final thoughts: Why investors are bullish on DeepSnitch AI – and why you should be too

With DeepSnitch AI’s TGE a little over two weeks away, you still have time to get on board the most exciting crypto AI project in recent times.

DeepSnitch AI is a perfect demonstration of AI in real life, only this time it’s tailored specifically for traders. The approach is obviously working, as $2M raised and 100x-300x community projections prove that the high-conviction wave is hitting hard as the launch approaches.

Moreover, the DSNTVIP300 unlocks 300% extra tokens on $30K+ allocations and is available until March 31. These bonuses are organized in tiers and actively incentivize traders who lock in on the DeepSnitch AI bullish sentiment early.

The time to get into DeepSnitch AI presale is now. And while you wait for the TGE, feel free to go through X or Telegram for top-tier community chit-chat.

FAQs:

1. Why are investors bullish on DeepSnitch AI ahead of its March 31 TGE?

Three reasons stack up cleanly: $2M raised during a bear market signals genuine conviction, not speculative hype. The central intelligence layer is already live with five AI agents delivering operational, and the March 31 TGE brings DSNT to Uniswap with DEX and CEX listings expected to follow.

2. How does Jensen Huang’s AI infrastructure thesis connect to DeepSnitch AI’s bullish prospects?

Huang describes AI as a five-layer cake: energy, chips, infrastructure, models, and applications. Most institutional AI plays target the lower layers: chips, data centers, and infrastructure. DeepSnitch AI sits at the application layer, where AI directly meets the end user. For crypto traders, that means real-time sentiment tracking, rug detection, and instant DYOR.

3. What are the short-term price setups for Dogecoin and Cardano right now?

DOGE recovered to $0.091 but needs a close above $0.10 and a test of the $0.12 breakdown level to confirm a cycle bottom, while failure to hold current levels risks a revisit of the $0.08 February low. ADA is holding at $0.25 with bulls targeting the $0.27 20-day EMA. A rejection could keep ADA rangebound in its descending channel, while increased selling pressure could erase recent gains entirely.

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.

Foundry Digital, the Digital Currency Group (DCG) subsidiary behind the world’s largest Bitcoin mining pool by hashrate, announced today that it will launch an institution-focused Zcash mining pool in April.

The move marks Foundry’s first expansion beyond Bitcoin and targets what the company describes as a gap in the Zcash ecosystem: the absence of compliant, institutional-grade pool infrastructure capable of meeting the needs of public companies and large-scale miners.

Foundry CEO Mike Colyer framed the expansion as a natural extension of the company’s mission, noting that while Zcash has grown into a serious institutional asset, its mining infrastructure has lagged behind. The new pool will be U.S.-based and built on the same compliance framework underpinning Foundry USA Pool, which holds both SOC 1 Type 2 and SOC 2 Type 2 certifications.

The announcement was welcomed by Zcash founder Zooko Wilcox, now Chief Product Officer at Shielded Labs, who said the new pool should help distribute Zcash mining hashpower away from its current concentration in a single pool and attract new miners.

ZEC is trading around $212, down roughly 4% in the past 24 hours and about 10% on the week.

Zcash Open Development Lab (ZODL), formed by the core developers of Zcash (ZEC) after they exited Electric Coin Capital, recently secured $25 million in seed funding to support the privacy-focused ecosystem.

Zcash, launched in 2016, uses zero-knowledge proof technology to enable private transactions on a public blockchain, allowing verification without exposing wallet addresses or amounts.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

Ripple is planning to repurchase shares from its employees and previous investors.

The past 24 hours have been quite eventful for Ripple.

According to Bloomberg, the company is launching a share buyback program that values it at roughly $50 billion.

The company’s plan is to repurchase up to $750 million in shares from employees and investors. The tender offer is expected to run through the month of April.

Recall that Ripple previously raised $500 million at a $40 billion valuation. This happened back in November last year. Investors in that round included Fortress Investment Group, Citadel Securities, and more.

As mentioned above, the last 24 hours saw Ripple get enlisted in Mastercard’s new Crypto Partner Program. The goal of that is to connect blockchain-based technology with the firm’s broad payments infrastructure.

Moreover, they also announced plans to secure an Australian Financial Services License. To do so, Ripple will be acquiring a local company called BC Payments Australia Pty Ltd, subject to finalizing the standard completion process.

That said, XRP’s price has remained flat on this most recent news. At the time of this writing, the cryptocurrency is trading at $1.39, up 0.7% in the past 24 hours.

You may also like:

A bitcoin (BTC) treasury company just bought another BTC treasury company’s dividend-paying shares after selling its own dividend-paying shares. If that sounds circular, that’s not accidental.

The CEO of Nasdaq-listed buyer Strive, co-founded by Vivek Ramaswamy and an ex-president of beer company Anheuser-Busch, announced its $50 million cash purchase of Strategy’s STRC today.

Michael Saylor thanked him for the purchase, retweeting Strategy’s post in gratitude.

In the company’s own press release about buying another company’s dividend-paying shares, Ramaswamy admitted, “Instead of holding idle cash earning low yields in money market funds, we believe it makes sense to allocate a portion of those reserves to instruments like STRC.”

In January, Strive raised roughly $118 million through selling 1,320,000 shares of its own dividend-paying SATA.

Three former executives who held high-profile legal, policy and product roles at crypto exchange OKX have unveiled an easy access decentralized finance connectivity platform called Shredpay, which is aimed at both retail customers and institutions in the U.S.

The Shredpay founding team is made up of CEO Mauricio Beugelmans, the former chief legal officer at OKX; president Melissa Muehlfeld, former OKX global general counsel; and CTO Peter Chang, the ex-VP of product at OKX.

Decentralized finance (DeFi) remains a tricky proposition for the uninitiated. The current market offerings are segmented and include no transparent risk information, making mainstream adoption difficult, according to a press release issued by Shredpay.

Beugelmans and co’s solution is to provide an uncomplicated, easily accessible onchain finance platform with clear risk ratings for DeFi protocols that help new users, the firm said.

The so-called ShredPay DeFi Ratings Index, evaluates protocols across smart contract security, liquidity depth, operational transparency, compliance, governance structure, and historical performance, providing users with standardized risk assessment comparable to traditional credit ratings.

“DeFi seems opaque, but it’s not about the technology – it’s about information asymmetry,” said Beugelmans. “Users often can’t easily distinguish between battle-tested protocols and exit scams.”

Shredpay CTO Chang said crypto natives may already know how to assess protocol risk; they read audits, track TVL, monitor governance. “We’re packaging that institutional-grade due diligence into a format that works for mainstream users. It expands the addressable market for every protocol we rate,” he said.

Ripple, the blockchain company closely associated with the XRP Ledger (XRP) network, has begun a share buyback that could value the company at about $50 billion, Bloomberg reported Wednesday.

The blockchain payments firm plans to repurchase up to $750 million in shares from investors and employees through a tender offer expected to run through April, the report said, citing people familiar with the matter.

Ripple is a major contributor to the XRP Ledger network, a blockchain designed for banks and payment firms to move money across borders and settle transfers in seconds. The firm said it has processed over 100 billion in transactions across its payments ecosystem.

The company has been quickly expanding through acquisitions, building services around trading and digital asset infrastructure. That push included the $1.25 billion purchase of prime brokerage Hidden Road and buying corporate treasury business GTreasury for $1 billion. The firm also issues a U.S. dollar stablecoin, the $1.5 billion RLUSD$0.9999, via its custody arm.

The move comes after a major funding round just months ago. In November, Ripple raised $500 million at a $40 billion valuation from a group of investors that included funds managed by affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace.

That indicates a 25% higher valuation since the fundraising, despite a crypto market downturn that saw bitcoin BTC$70,536.78 and XRP tumble 30%-40% over the same period.

The crypto derivatives market is sending an unusual signal: directional longs and directional shorts are nearly equal, a condition analysts say is historically unsustainable and could foreshadow a major shift ahead.

According to an analysis published by WuBlockchain yesterday, data from synthetic dollar protocol Ethena’s transparency dashboard reveals that deployed capital, a proxy for excess long demand in futures markets, has fallen to just $791 million, down more than 85% from its all-time high.

Since Bitcoin’s crash to $60,000 on February 8, Ethena’s basis position has shrunk by over 60%, dropping from more than $2 billion to under $800 million, even as the broader market has remained relatively flat.

Ethena operates by taking the short side of perpetual futures contracts against leveraged long traders, effectively running the classic crypto carry trade at scale. When demand for leveraged longs outstrips natural short interest, Ethena steps in to absorb the difference. Its shrinking book, therefore, implies that directional shorts and hedgers are increasingly filling the role that basis traders once dominated.

The author of the analysis, SoskaKyle, attributes the shift largely to a growing wave of hedging activity from crypto VCs and smaller projects seeking to protect their treasuries and lock in gains. With hundreds of small-cap tokens, each backed by dozens of investors and teams needing to manage their runways, the result has been a crowded trade: actively managed structured products that short baskets of correlated assets.

While this near-parity between longs and shorts could theoretically persist, history across asset classes suggests it rarely does for long, leaving the market a potential inflection point.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.