Blockonomi

Кратко

Tether запустил XAUt на BNB Chain, чтобы расширить доступ к своему токенизированному золотому продукту.

Binance зарегистрировала XAUt для спотовой торговли против USDT, BTC, USDC, TRY и U.

XAUt имеет рыночную капитализацию около $3.2 миллиарда и поддерживается примерно 1,800 золотыми слитками в швейцарских хранилищах.

Спотовое золото достигло $5,595 за унцию в январе, прежде чем упасть до примерно $4,450 26 марта.

Crypto.com теперь предлагает токенизированные контракты на золото с бессрочным сроком действия наряду со спотовой торговлей XAUt и PAXG.

Tether запустил XAUt на BNB Chain, чтобы расширить доступ к своему токенизированному золотому продукту. Binance подтвердила, что зарегистрирует XAUt для спотовой торговли против USDT, BTC, USDC, TRY и U. Этот шаг помещает токенизированное золото в одну из крупнейших экосистем бирж, поскольку торговая активность золотом переходит на криптовалютные рынки.

Key Takeaways

Microsoft (MSFT) shares have plummeted 32% from their October 2025 peak of $542.07, marking a 20% year-to-date decline — making it the weakest link in the Magnificent Seven.

UBS analysts slashed their price target from $600 to $510 due to lackluster Copilot uptake, though they maintained their Buy recommendation.

Copilot has secured 15 million seat subscriptions — a figure that falls short of market expectations — while commercial M365 revenue growth remains flat.

The tech giant still delivered 17% year-over-year revenue expansion in its latest quarter, with shares trading at their lowest price-to-earnings multiple in ten years.

Jim Cramer continues to endorse Microsoft as a premier AI investment, despite raising red flags about the company’s complicated partnership with OpenAI.

Microsoft’s 2026 has gotten off to a turbulent beginning. Shares settled at $371.04 this Wednesday — marking the lowest closing price since April 2025 — putting the stock on track for its steepest quarterly drop since the fourth quarter of 2008.

The technology behemoth is experiencing its most challenging six-month period since 2009. From its October 2025 record high of $542.07, Microsoft has witnessed approximately $1.28 trillion evaporate from its market capitalization.

The company now occupies the fourth position among America’s most valuable corporations by market cap, trailing behind Nvidia, Apple, and Alphabet.

Jim Cramer has maintained a long position on Microsoft. Last September, he categorized it among his “elite eight” equities and predicted it would attract investors rotating from speculative AI stocks into established blue-chip names.

However, Cramer has also highlighted tensions brewing between Microsoft and OpenAI. Media reports surfaced suggesting OpenAI had discussions with Amazon about diversifying its infrastructure partnerships away from Microsoft. In recent weeks, Reuters disclosed that Microsoft was weighing potential legal proceedings against both OpenAI and Amazon regarding a $50 billion arrangement that purportedly breaches its exclusive cloud computing agreement.

Microsoft currently maintains approximately a 27% ownership position in OpenAI.

Underwhelming Copilot Performance

The primary catalyst behind the stock’s weakness centers on Copilot. Microsoft’s artificial intelligence assistant, integrated throughout its Microsoft 365 ecosystem, was positioned as the catalyst that would validate the company’s elevated valuation metrics.

Yet, actual seat subscriptions total just 15 million. Investors across global markets anticipated significantly higher adoption figures. UBS analysts observed that commercial M365 revenue growth “should be accelerating upward, but instead remains stagnant.”

UBS reduced its 12-month valuation target from $600 down to $510 this Tuesday. While maintaining their Buy rating, the firm emphasized that the Copilot storyline “must demonstrate improvement before the stock can experience meaningful upward revaluation.”

Microsoft offered some pushback. Company representatives informed UBS that Copilot underwent a comprehensive rebuild throughout the previous year incorporating advancements from both OpenAI and Anthropic, and that second-quarter engagement metrics were “exceptionally strong.” However, Wall Street remains laser-focused on revenue generation — not merely usage statistics.

Regarding competitive positioning, Microsoft is jointly developing a solution named Copilot Coworker in partnership with Anthropic, which will be integrated into Copilot without additional customer charges. UBS described this as “the most strategic competitive maneuver available.”

Azure Maintains Momentum, Though Uncertainty Persists

Outside of Copilot, Azure represents a positive story — albeit with qualifications. Cloud services revenue surged 39% year-over-year during the most recent reporting period.

Microsoft conveyed to UBS that it maintains a “highly optimistic” outlook on Azure consumption. However, the company declined to provide forward guidance for Azure expansion beyond the ongoing March quarter.

Analysts noted that a reallocation of GPU infrastructure — which already pressured shares following second-quarter results — may continue dampening Azure’s growth trajectory in subsequent quarters.

The recent selloff has dramatically recalibrated Microsoft’s valuation metrics. Shares now trade near their most attractive price-to-earnings ratio in a decade, after trading around 35 times earnings throughout much of recent years.

Revenue expanded 17% year-over-year in the latest quarter. Analysts project 16% growth for the upcoming quarter with comparable expectations for the full fiscal year.

Shares closed Wednesday at $371.04, representing a 32% decline from the October 2025 pinnacle of $542.07.

The post Microsoft (MSFT) Stock Plunges 32% as AI Copilot Struggles Disappoint Wall Street appeared first on Blockonomi.

Ключевые выводы

Федеральные регуляторы направили официальные предупреждения руководителям Visa, Mastercard, PayPal и Stripe относительно потенциальных нарушений дебанкинга

Эндрю Фергюсон, председатель FTC, соссылался на директиву президента Трампа от августа 2025 года, запрещающую финансовую дискриминацию на основе политической идеологии или веры

Агентство угрожало возможными расследованиями и процессами по принуждению за несоблюдение

Stripe подвергся особому вниманию за прекращение обработки платежей для кампании Трампа после инцидента 6 января 2021 года

Key Takeaways

Vertiv (VRT) reached a record peak of $277.87 before declining sharply, currently trading approximately 10% below its high

Shares delivered a remarkable 196% return over the past year, with a market capitalization of $105.7B

Short interest spiked 42.6%, contributing to increased downward pressure on the stock

Wall Street maintains optimistic outlook — Evercore ISI maintains $280 price target, HSBC initiated coverage with $325 target and Buy rating

Company recently joined the S&P 500 and provides critical infrastructure for NVIDIA’s Vera Rubin AI factory design

Vertiv (VRT) experienced a dramatic reversal after establishing an all-time high of $277.87, surrendering 10% of its value in a single trading session. Shares currently trade approximately 10% below their recent peak, with the company maintaining a market capitalization near $105.7B.

Prior to this week’s pullback, the stock had posted a year-to-date advance of approximately 70.5%. Such robust gains typically invite eventual selling pressure.

Market observers characterize this move as a technical correction. The primary driver appears to be profit-taking in the wake of VRT’s recent inclusion in the S&P 500 index, an event that initially propelled shares higher.

Short interest expanded by 42.6%, intensifying the downward momentum. When short positions increase this rapidly during an uptrend, the probability of a sharp reversal typically increases.

Despite the recent decline, the stock’s 1-year total return remains at an impressive 196%. Such performance is relatively uncommon in the current market environment.

On the analytical front, sentiment remains constructive. Evercore ISI maintained its Outperform rating and $280 price objective after Vertiv announced its acquisition of ThermoKey S.p.A., an Italian manufacturer specializing in heat exchangers and cooling solutions. The transaction’s financial details remain undisclosed.

HSBC launched coverage with a Buy recommendation and a $325 price target, emphasizing Vertiv’s strategic position in AI data center expansion. This represents one of the most optimistic price objectives among Wall Street firms.

Strategic AI Infrastructure Partnerships

Vertiv continues delivering power and cooling solutions for NVIDIA’s Vera Rubin DSX AI factory reference architecture and Omniverse DSX Blueprint. The partnership encompasses simulation-ready digital components and validated connectivity interfaces.

This level of strategic integration reinforces analyst conviction regarding sustained demand.

InvestingPro identified the stock as trading above its Fair Value assessment before the recent correction. Nevertheless, 10 analysts upgraded their earnings projections for the coming period prior to the selloff.

Core Business Metrics Remain Strong

Average daily trading volume typically registers around 7.65 million shares. Today’s session significantly exceeded that baseline, suggesting institutional participation rather than retail-driven activity.

Analysts emphasize that data center cooling demand continues at elevated levels. Wall Street interprets the decline as a sell-the-news response rather than a deterioration in underlying business conditions.

The stock’s technical sentiment indicator currently maintains a Buy signal, even following the intraday retreat.

Vertiv’s Q4 earnings per share reached $1.36, surpassing the consensus estimate of $1.29. Quarterly revenue totaled $2.88B, representing a 22.7% year-over-year increase.

Management’s FY 2026 EPS guidance ranges from $5.97 to $6.07.

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TLDR

The Senate passed the 21st Century ROAD to Housing Act by an 89–10 vote on March 12.

The bill includes a temporary CBDC ban that blocks the Federal Reserve from issuing a digital dollar through 2031.

Economist Peter St. Onge warned that Congress is trying to insert a CBDC into a must-pass housing bill.

St. Onge stated that 80% of voters oppose a government-controlled digital dollar.

House conservatives pushed to add the anti-CBDC provision during bipartisan negotiations.

The U.S. Senate passed a broad housing package that includes a temporary CBDC restriction. Economist Peter St. Onge warned lawmakers that they are trying to sneak a CBDC” into the bill. His post on X drew 195,700 views and 3,600 likes by March 26 afternoon.

St. Onge said the measure could replace the dollar with a “government-controlled crypto-token.” He added that 80% of voters reject such a system, citing public resistance. The warning revived debate over digital currency policy in Congress.

Senate Housing Bill Embeds Temporary CBDC Ban

The Senate approved the 21st Century ROAD to Housing Act on March 12 by an 89–10 vote. Lawmakers designed the bill to address housing supply and affordability issues. The package covers FHA loan limits and investor activity in single-family housing markets.

Congress is trying to sneak a CBDC into their must-pass housing bill.

It would replace the US dollar with a government-controlled crypto-token that 80% of voters reject. pic.twitter.com/cYYGaH6pIC

— Peter St Onge, Ph.D. (@profstonge) March 26, 2026

However, Title X bars the Federal Reserve from issuing a digital dollar through 2031. The provision also restricts regional Federal Reserve banks from creating similar digital assets. The language prevents any asset that closely resembles a CBDC.

House conservatives pushed to insert the anti-CBDC clause during negotiations. They tied support for the housing package to digital currency limits. As a result, leaders secured bipartisan backing for the final Senate vote.

The White House signaled support for the measure in its current form. Advisors recommended that the president sign the bill if Congress sends it forward. The administration did not issue separate comments on the CBDC language.

CLARITY Act Negotiations Continue Alongside CBDC Debate

Lawmakers are also negotiating the CLARITY Act, which addresses digital asset market structure. The Senate stalled progress over disagreements on stablecoin yield provisions. Coinbase withdrew support from an earlier draft over yield restrictions.

The exchange said the proposed language would ban passive yield on stablecoins. It argued that the draft created stricter limits than existing frameworks. Senators have since reopened discussions to resolve the dispute.

Senator Cynthia Lummis said lawmakers have “largely reached” an agreement on yield and DeFi provisions. She identified April 2026 as a key legislative window for final action. Her comments followed renewed bipartisan talks on digital asset oversight.

Wall Street commentator @WallStreetMav questioned the Senate compromise on X. He wrote, “Republicans aren’t banning CBDCs, they’re redesigning them.” He added that the structure would route control through banks.

The Senate version restricts CBDC development until the end of 2030. Some House Republicans want a permanent prohibition instead of a temporary limit. House leaders have indicated they may seek changes during conference negotiations.

The Federal Reserve has maintained it will not issue a digital dollar without congressional approval. Officials have described current work as research rather than active development. The House and Senate must reconcile differences before final passage.

The post Senate Housing Bill Adds Temporary CBDC Ban Clause appeared first on Blockonomi.

Key Takeaways

Snap shares plunged roughly 12% Thursday as European regulators announced a formal investigation

The EU’s Digital Services Act probe targets Snapchat’s compliance with child protection requirements

Focus areas include age verification mechanisms, anti-grooming safeguards, and minor protection systems

European authorities can demand documentation, conduct facility inspections, and enforce mandatory operational changes

The company’s stock has tumbled 44.36% year-to-date, reducing market capitalization to $7.58 billion

Snap’s challenging year took another significant hit on Thursday when European regulators stepped in.

The EU opened an investigation into Snap’s social network and escalated a probe into a number of pornography platforms as the bloc ramps up efforts to protect children online https://t.co/7CKbVZluGT

— Bloomberg (@business) March 26, 2026

European authorities unveiled a formal examination of Snapchat’s adherence to Digital Services Act requirements, triggering a 12% decline in Snap (SNAP) shares to $3.9501 by 12:55 pm ET.

On March 26, 2026, the European Commission officially confirmed the investigation. The regulatory action centers on alleged shortcomings in Snapchat’s approach to protecting underage users.

Officials are scrutinizing whether the platform employs sufficient age verification protocols. Additional examination focuses on protective measures against predatory behavior and illegal recruitment targeting young users.

The probe encompasses whether children encounter unlawful or age-inappropriate products and services within the application. Deficient content oversight mechanisms and insufficient reporting capabilities are receiving regulatory attention as well.

The Digital Services Act represents the European Union’s regulatory structure governing major digital platforms. Violations may result in significant penalties, including legally enforceable commitments requiring operational modifications.

Enforcement Powers Available to Regulators

The Commission possesses substantial enforcement capabilities. These include authority to demand confidential documentation, execute facility audits, and implement formal compliance actions.

Snap maintains the option to voluntarily propose corrective measures addressing regulatory concerns. Nevertheless, should authorities determine violations occurred, they possess authority to mandate specific operational adjustments.

This represents a comprehensive regulatory examination. The formal DSA investigation places Snap directly under European oversight during a period when continental authorities prioritize digital child protection.

Snap has yet to release an official statement addressing the regulatory proceedings.

Shares faced considerable downward momentum throughout 2026, declining 44.36% year-to-date prior to Thursday’s announcement. The corporation’s current valuation stands at $7.58 billion.

Technical Analysis for Snap Stock

TipRanks data indicates the technical sentiment indicator for SNAP currently registers as “Sell.” Daily trading volume typically approaches 48 million shares, demonstrating sustained trader engagement.

Thursday’s decline compounded existing technical weakness visible in the chart pattern.

The 12% intraday collapse illustrates how regulatory developments can rapidly impact stocks in this valuation range. Trading below the $4.00 threshold, modest price fluctuations generate substantial percentage movements.

Snap shares were changing hands at $3.9501 during mid-afternoon trading on March 26, 2026.

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Key Highlights

Bloomberg reports Apple is preparing to integrate third-party AI platforms including Google Gemini and Anthropic Claude into Siri.

iOS 27 is anticipated to introduce this functionality, with a preview scheduled for WWDC in June 2025.

iPhone owners will gain the ability to select their preferred AI assistant for different queries directly through Siri.

The tech giant may monetize this feature by collecting commission fees from AI service subscriptions purchased via integrated applications.

Additional iOS 27 features reportedly include a dedicated Siri application and an “Ask Siri” interface button.

Apple is gearing up to transform Siri into a more versatile AI platform by welcoming rival artificial intelligence services, representing a significant strategic pivot for the technology giant.

*APPLE TO OPEN UP SIRI TO RIVAL AI ASSISTANTS IN STRATEGY SHIFT
*APPLE MOVE WILL LET SIRI USE CHATBOTS BESIDES OPENAI’S CHATGPT$AAPL is overhauling Siri as part of IOS27 to allow AI chatbots beyond just ChatGPT to integrate with Siri.

Per the article, this will allow AAPL to… pic.twitter.com/6UXejGDqob

— Negligible Capital (@negligible_cap) March 26, 2026

Bloomberg’s latest report indicates this transformation will debut alongside iOS 27. The enhancement would enable applications from competing AI companies — notably Google’s Gemini and Anthropic’s Claude — to connect seamlessly with Siri, empowering users to direct their queries to their chosen service provider.

Currently, Apple maintains an exclusive partnership with OpenAI that enables ChatGPT functionality within Siri. The existing system requires user permission before Siri transfers information to ChatGPT. Apple previously hinted at expanding its AI partnerships beyond this initial collaboration — and these reports suggest that expansion is now materializing.

This expanded functionality would transform the iPhone ecosystem into a more flexible AI environment, enabling users to choose from multiple intelligent assistants instead of being restricted to a single option.

Monetization Strategy

Apple appears to have financial motivations behind this strategic shift. According to reports, the company plans to collect revenue shares from subscription fees generated through third-party AI applications that connect with Siri — mirroring its established App Store commission structure.

This approach would position Siri as a gateway for AI service distribution, with Apple functioning as an intermediary earning transaction percentages. It represents a proven business strategy for the company.

The infrastructure supporting these integrations is being built through Apple Intelligence, the company’s comprehensive AI ecosystem introduced in the previous year. Third-party developers would create compatible applications within this established framework.

June WWDC Announcement Anticipated

Apple is anticipated to unveil these capabilities during its annual Worldwide Developers Conference, scheduled between June 8 and June 12. The opening keynote presentation is set for June 8.

This conference traditionally serves as Apple’s platform for introducing upcoming versions of iOS, macOS, and related operating systems to the developer community. iOS 27 is expected to dominate the presentation.

Bloomberg cautions that these development plans remain subject to modification before the official announcement — meaning confirmation awaits Apple’s public reveal during the keynote.

Beyond the multi-AI Siri integration, earlier reports this week also mentioned plans for a standalone Siri application and a new “Ask Siri” button interface as part of the iOS 27 release.

Apple has not issued any public statements regarding these reported developments.

The post Apple (AAPL) Set to Integrate Gemini and Claude AI Services Into Siri With iOS 27 appeared first on Blockonomi.

TLDR

Ripple will strengthen XRP Ledger security by integrating artificial intelligence tools into its core testing processes.

The company will introduce AI-assisted testing to identify vulnerabilities earlier in the development cycle.

Ripple will establish a dedicated red team to simulate real-world attacks on the network.

The engineering team will apply stricter standards before approving protocol amendments.

XRP Ledger continues expanding into global payments and tokenized asset use cases.

Ripple will reinforce network defenses by integrating artificial intelligence tools into its core systems. The company confirmed it will upgrade XRP Ledger (XRPL) security through structured testing and adversarial simulations. The initiative introduces AI-assisted testing, a dedicated red team, and stricter amendment standards.

XRP Ledger Security Upgrade Centers on AI Testing

RippleX engineering leadership confirmed plans to embed artificial intelligence tools into XRP Ledger security workflows. Ayo Akinyele, Head of Engineering at RippleX, shared the update on X. He said teams will act early instead of reacting after incidents occur.

The company will use AI-assisted testing to review code and detect weaknesses. These tools will scan large codebases and flag unusual patterns. They will also simulate stress conditions and edge cases across network components.

Akinyele stated, “We are integrating AI tools to identify and prevent vulnerabilities earlier.” He added that teams want faster detection and stronger validation. Therefore, engineers will test amendments under tighter review standards.

We’re taking a more proactive, AI-driven approach to strengthening XRPL security.

That includes AI-assisted testing across the development lifecycle, a dedicated red team, and higher standards for how changes are evaluated before they go live.

As XRPL scales to support global…

— J. Ayo Akinyele (@ja_akinyele) March 26, 2026

Ripple will also apply higher thresholds before approving protocol amendments. The company wants structured review processes before deploying updates. This approach aims to reduce exposure to unforeseen risks.

Dedicated Red Team to Simulate Real-World Attacks

Ripple confirmed it will form a dedicated red team for adversarial testing. The red team will simulate real-world attack scenarios against XRP Ledger systems. Engineers will then assess weaknesses and patch gaps before external threats emerge.

Akinyele explained that structured adversarial testing strengthens resilience. He stated that proactive simulation helps teams measure defense readiness. The company expects faster remediation cycles through continuous testing.

XRP Ledger now supports more than basic XRP transfers. The network continues expanding into global payments and tokenized asset issuance. Institutional use cases also drive higher transaction volumes.

As network usage expands, exposure to malicious actors increases. Ripple plans to scale security controls alongside system growth. The firm believes AI-assisted testing will support that expansion.

Blockchain firms across the sector are integrating artificial intelligence into operations. Advanced systems now analyze smart contracts and consensus mechanisms at scale. These tools can surface hidden failure modes during development stages.

In related developments, several Bitcoin miners have redirected infrastructure toward AI computing services. This transition reduced active mining capacity across parts of the Bitcoin network. Public blockchain data showed a sharp drop in hashrate during that period.

Separately, crypto exchange Gate disclosed plans to expand AI-driven trading services. The company introduced initiatives such as GateAI and Gate for AI. These programs will provide market analysis and strategy support tools.

Gate stated that its systems will assist users from data review through trade execution. The firm confirmed development efforts remain ongoing. Ripple’s latest announcement marks its current step to reinforce XRP Ledger security through AI integration.

The post Ripple Deploys AI to Reinforce XRP Ledger (XRPL) Defense appeared first on Blockonomi.

Key Takeaways

James Quincey is departing as Coca-Cola CEO on March 31, identifying artificial intelligence’s emergence as a central reason for his exit.

COO Henrique Braun will assume the CEO position, with Quincey believing he’s the right leader for the company’s future direction.

Doug McMillon, who recently left Walmart’s CEO role, referenced AI similarly when explaining his December departure.

Quincey emphasized the company requires “someone with the energy to pursue a completely new transformation of the enterprise.”

These exits signal a growing pattern of departing executives recognizing AI as a pivotal moment requiring new leadership approaches.

James Quincey has revealed his departure as Coca-Cola’s chief executive at the close of March, identifying artificial intelligence’s accelerating development as a significant influence on his choice. The executive, who assumed leadership in 2017, shared with CNBC’s Squawk Box on Thursday that the moment had arrived to transfer authority to a leader better positioned for the organization’s future.

“My job is also to think who’s the best team to put on the field to get the next wave done,” he said. “And I concluded that, actually, it was time to put someone else on the field for the next wave of growth.”

According to Quincey, the beverage corporation achieved substantial advancement in what he described as a “pre-AI, pre-gen-AI mode,” though a fundamental transformation is now beginning. He expressed his view that the organization requires fresh leadership energy to drive what he characterized as a “completely new transformation of the enterprise.”

Henrique Braun, currently serving as COO, will assume the CEO position effective March 31. Quincey will continue his association with the corporation in the capacity of executive chairman.

This leadership transition isn’t happening in isolation. Walmart‘s former chief executive Doug McMillon offered comparable reasoning in December before his own exit. McMillon concluded his tenure exceeding ten years at the retail giant’s helm, transferring leadership to John Furner on February 1.

“With what’s happening with AI, I could start this next big set of transformations with AI, but I couldn’t finish,” McMillon told CNBC at the time.

McMillon revealed that approximately twelve months prior, he started recognizing the potential of “agentic commerce” alongside the expanded possibilities for AI-integrated retail experiences. This understanding convinced him the moment was appropriate for a leadership change.

Parallel Reasoning From Two Industry Leaders

Quincey and McMillon articulated remarkably similar rationale: the upcoming transformation phase demands a leader capable of executing the vision completely. Neither executive indicated forced departure. Both characterized their decisions as strategic positioning of appropriate leadership for the current business environment.

The retail giant has already integrated artificial intelligence throughout its business operations, spanning logistics optimization to consumer-facing applications. The organization additionally transitioned to Nasdaq listing in December, which McMillon positioned as representing the company’s technological transformation.

Coca-Cola has pursued its own artificial intelligence initiatives, though Quincey maintained discretion regarding detailed future strategies under Braun’s leadership.

Coca-Cola’s Path Forward Under New Leadership

The transition to Braun becomes official on March 31. His promotion from the chief operating officer position follows internal recognition as the logical choice to guide the company’s subsequent growth phase.

Quincey’s leadership extended nearly nine years and featured substantial investment in digital capabilities and data-centric business operations. His transition to executive chairman maintains his involvement with the organization while providing Braun autonomy to establish fresh strategic priorities.

KO shares declined modestly during trading, hovering around $68.32.

The post Coca-Cola (KO) and Walmart (WMT) CEOs Name AI as Driver Behind Leadership Exits appeared first on Blockonomi.

TLDR

Биткойн ETF зафиксировали чистые притоки в размере 1,53 миллиарда долларов в марте после четырех месяцев вывода средств.

Фонды вновь накопили 38,000 BTC в марте, сократив чистый отток 2026 года до 4,000 BTC.

Выводы в феврале увеличили общий объем выводов 2026 года до 42,000 BTC перед мартовским восстановлением.

Мартовский рост приблизил активы ETF к уровням 1 января.

Данные CryptoQuant показывают, что стабильный спрос поддерживал недавнюю тенденцию восстановления.

Биткойн биржевые фонды изменили месяцы выводов, так как притоки в марте сократили предыдущие потери в 2026 году. Данные CryptoQuant показывают, что фонды добавили 38,000 BTC в этом месяце после значительных выходов в феврале. В результате, чистый отток 2026 года теперь составляет 4,000 BTC по состоянию на 26 марта.

TLDR

JPMorgan сообщила, что Биткойн торговался около $69,000, в то время как золото и серебро продолжили недавние потери.

Банк заявил, что Биткойн показал большую устойчивость, чем традиционные активы-убежища во время рыночного стресса.

Цены на золото упали примерно на 15% с начала месяца после достижения рекордных значений в январе.

Цены на серебро также снизились после того, как отменили приросты с ранних пиков в этом году.

Золотые ETF зафиксировали почти $11 миллиардов оттоков в первые три недели марта.

Биткойн торговался около $69,000, в то время как золото и серебро продолжили свои потери, согласно отчету JPMorgan от среды. Банк заявил, что Биткойн показал большую устойчивость, чем традиционные активы-убежища во время недавнего рыночного стресса. Аналитики связали расхождение с оттоками ETF, сокращением позиций и меньшей ликвидностью на рынках драгоценных металлов.

Quick Overview

Euro-backed digital currencies capture 80% of alternative stablecoin market

Total supply reaches $1.2 billion with EURC driving primary expansion

Transaction volume demonstrates 85% share indicating practical adoption

European MiCA framework enhances regulatory confidence and participation

Market remains fraction of dollar-denominated stablecoin ecosystem

Euro-denominated stablecoins have secured more than four-fifths of the market for non-dollar digital currencies, with total circulation approaching $1.2 billion. These euro-pegged assets represent 85% of transaction activity within this category, demonstrating meaningful adoption beyond speculation. Financial institutions and payment processors are increasingly incorporating these instruments into everyday operations.

EURC Emerges as Primary Driver of Euro-Pegged Token Growth

The expansion of euro-denominated digital currencies centers primarily on EURC, which dominates both circulation and transactional use within payment infrastructures. This token has surpassed $506 million in total supply while facilitating settlement and payment operations. The asset class demonstrates growing incorporation into structured financial workflows.

Euro Stablecoins demonstrate utilization patterns focused on genuine economic transactions rather than speculative behavior. Approximately 80% of non-EURC activity supports corporate treasury functions, payroll distribution, and international remittances. These digital euros align closely with operational financial requirements within business environments.

Integration with Visa and Mastercard payment rails has accelerated euro-pegged token adoption. This connectivity bridges blockchain-based transactions with established financial infrastructure, enhancing usability. Euro-backed digital currencies now extend beyond cryptocurrency platforms into mainstream financial channels.

European Regulatory Framework Accelerates Euro-Pegged Asset Adoption

Euro-denominated stablecoins receive substantial support from the Markets in Crypto-Assets Regulation enacted throughout European Union member states. This comprehensive framework establishes operational clarity and minimizes regulatory uncertainty for participating entities. The regulatory environment encourages institutional and commercial engagement.

Euro Stablecoins gain traction as European enterprises pursue streamlined digital payment mechanisms. Organizations conducting business in euros demand accelerated settlement processes and round-the-clock transaction capabilities. Euro-backed tokens provide viable alternatives to conventional banking infrastructure.

The postponement of a central bank digital euro initiative creates opportunities for private stablecoin providers. Enterprises including Circle extend euro-pegged offerings through instruments like EURC alongside their dollar counterparts. These assets gain acceptance in continuous-operation financial systems and cross-jurisdictional transactions.

Euro-Pegged Tokens Represent Minor Fraction of Total Stablecoin Ecosystem

Despite impressive expansion rates, euro-denominated stablecoins comprise a modest portion of the overall digital currency landscape. The worldwide stablecoin market measures between $300 billion and $316 billion, with dollar-backed assets maintaining overwhelming dominance. Euro-pegged instruments continue advancing within a specialized market segment.

These digital euros underscore a disparity between traditional currency reserve holdings and cryptocurrency adoption levels. While euros constitute approximately 20% of international reserve assets, their representation in digital asset markets remains comparatively minimal. Euro-backed tokens encounter structural obstacles to broader market penetration.

Expanded infrastructure supporting banking connectivity and payment processing remains essential for scaling euro-pegged digital currencies. Providers must ensure rapid, compliant, and cost-effective transfer capabilities to drive increased utilization. Euro Stablecoins stand positioned for accelerated growth should infrastructure limitations diminish and institutional participation broaden.

 

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Quick Summary

On March 25, PayPal welcomed Alyssa Henry, who previously led Block’s Square division, to its board with immediate effect.

With more than three decades of expertise spanning payments, digital commerce, and tech platforms, Henry’s resume includes executive positions at Amazon Web Services and Microsoft.

Gail J. McGovern, a board member since 2015, has announced she will step down and not seek re-election at the upcoming May shareholder meeting.

Following McGovern’s departure, Ann Sarnoff is set to assume leadership of the Corporate Governance and Nominating Committee.

Currently valued near $44 per share, PYPL has plunged approximately 33% in the last half-year and was dropped from the S&P 100 index on March 23.

PYPL is currently valued at approximately $44.21 per share, translating to a market capitalization of $40.7 billion.

PayPal Holdings (PYPL) has brought Alyssa Henry, who previously served as CEO of Block’s Square division, onto its board of directors. An SEC filing dated March 25 confirmed the appointment took effect right away.

Henry stands out as a prominent figure in the fintech industry’s merchant-commerce sector. She oversaw Square’s Seller operations prior to Block’s corporate rebranding and previously occupied senior executive positions at both Amazon Web Services and Microsoft, where her tenure spanned 12 years.

PayPal CEO Enrique Lores described Henry as a “proven operator” whose extensive background in developing payments ecosystems will prove invaluable for merchant-focused initiatives.

Board Chairman David Dorman highlighted her demonstrated success in driving product innovation and maintaining disciplined operational execution as primary factors behind her selection.

Henry’s responsibilities will include membership on both PayPal’s Compensation Committee and its Risk and Compliance Committee. She’ll have oversight duties related to executive compensation structures and the company’s technological backbone.

With Henry’s addition, the board expands to 12 members total, with 11 qualifying as independent directors.

Ongoing Board Transformation

This appointment arrives on the heels of former CEO Alex Chriss’s departure, whose growth strategy was deemed insufficiently aggressive by board leadership. Lores assumed the CEO position mere weeks prior to Henry joining the board.

Gail J. McGovern, a veteran board member who has contributed since 2015, has confirmed she won’t pursue re-election when stockholders convene in May. PayPal expressed gratitude for her nearly ten years of dedicated service.

Ann Sarnoff, currently an independent director, will transition into the chair role for the Corporate Governance and Nominating Committee following the May shareholder gathering.

Shares Face Continued Headwinds

PYPL has experienced significant turbulence recently. Shares have tumbled roughly 33% across the past six months, and the company suffered removal from the S&P 100 index on March 23—a consequence of sustained weakness linked to disappointing earnings reports and ongoing legal complications.

Trading at a price-to-earnings ratio of 8.19, certain market analysts believe the stock represents a value opportunity at present pricing levels.

Wall Street maintains a measured outlook. According to TipRanks analytics, 34 analysts collectively rate the stock as a “Hold”—breaking down to 5 Buy recommendations, 25 Hold ratings, and 4 Sell calls—with a consensus 12-month price projection of $50.71, suggesting potential upside of approximately 12% from current levels.

Bank of America Securities recently launched coverage with a Neutral stance and established a $48 price objective. Truist Securities maintains a Sell rating with a $39 target, expressing doubt that any strategic acquirer would pursue the company given its $41 billion enterprise valuation. Bernstein SocGen Group carries a Market Perform rating with a $45 price target.

Market chatter has emerged suggesting Stripe might be exploring an acquisition of PayPal, either in full or partially, though these conversations remain in very early stages. Neither organization has issued public statements on the matter.

PayPal presently trades at a price-to-earnings multiple of 8.19, significantly beneath its long-term historical average, with the stock positioned around $44 as of this writing.

The post PayPal (PYPL) Stock Adds Former Square CEO to Board Amid 33% Six-Month Decline appeared first on Blockonomi.

TLDR

Jordan Klein of Mizuho characterizes memory stock corrections as cyclical events that create purchase windows rather than exit signals

Micron has declined approximately 17% from recent earnings peaks, matching six previous corrections ranging from 14–21% since mid-2025

Preferred investments from Klein feature Samsung, SK Hynix, SanDisk, ASML, Applied Materials, and Lam Research

Joseph Moore from Morgan Stanley identifies memory as “the primary constraint on AI demand,” suggesting current valuations are excessive

Both market experts anticipate substantial price appreciation in coming months, driven by artificial intelligence memory requirements

Those monitoring this week’s decline in memory semiconductor equities may be unnecessarily concerned, per two prominent Wall Street experts who identify the pattern as historically consistent.

Jordan Klein, Mizuho’s technology sector analyst, noted Thursday that the “memory long trade is starting to wobble big time” following sustained gains throughout 2025 and into early 2026.

Yet Klein isn’t raising red flags. His analysis suggests these periodic retreats occur regularly and don’t indicate market tops.

“Not a signal of peak nor any reason to dump,” Klein stated. “Actually you make money buying these dips.”

Micron Technology has shed approximately 17% from its earnings-driven peaks. Klein notes this decline aligns with six comparable drawdowns spanning 14–21% observed since mid-2025.

Notwithstanding such fluctuations, shares remain elevated more than 200% across the identical timeframe.

Klein attributes momentum traders to exacerbating the appearance of weakness beyond fundamentals. His perspective frames broad skepticism as constructive for positioning.

“What is worse is when everyone is all on the same side,” he noted.

Equipment Manufacturers May Present Optimal Value

Klein identifies Samsung Electronics as his preferred individual memory selection. He similarly anticipates gains for SK Hynix and SanDisk.

However, equipment providers may deliver superior returns. Klein designates ASML as his leading equipment choice, with Applied Materials and Lam Research following.

He positions these firms as optimally situated to capture expanding DRAM production investments.

Klein expressed being “very confident that in 3–6 months they are all higher.”

Morgan Stanley: Memory Functions as Critical AI Constraint

Joseph Moore, Morgan Stanley’s semiconductor analyst, presented comparable conclusions Wednesday. He characterized the downturn as “a healthy pricing in of durability concerns” while rejecting narratives of weakening fundamentals.

Moore informed clients that memory availability represents “increasingly THE primary constraint on AI demand.” This framework establishes memory not merely as an AI infrastructure beneficiary, but as a fundamental limiting factor.

He specifically addressed Google’s “TurboQuant” memory efficiency initiative. Following industry consultation, Moore classified it as “an evolutionary development, with basically no surprises for memory.”

Moore further emphasized cash generation capabilities at Micron and SanDisk. He projected annual free cash flow at prevailing profit levels could represent 15–25% of current market capitalizations.

“While it won’t last forever, it is going to last for long enough to see the stocks move materially higher,” Moore determined.

The post Memory Stock Selloff Creates Prime Buying Opportunity, Analysts Say appeared first on Blockonomi.

Ключевые выводы

Reddit (RDDT) испытал снижение примерно на 10% в четверг, достигнув минимального значения сессии в $128.11

Главный технический директор Кристофер Слоу распродал 9,500 акций на сумму примерно $1.34M 23 марта

Главный операционный директор Дженнифер Вонг продала более 39,000 акций на общую сумму около $6.6M в отдельных транзакциях

Аналитики Уолл-стрит выражают опасения по поводу неудовлетворительной обратной связи по рекламе и замедления расширения пользовательской базы

Убытки с начала года для RDDT приближаются к 40%, при этом акции торгуются значительно ниже как 50-дневных, так и 200-дневных скользящих средних

TLDR

Citigroup said proposed limits on stablecoin rewards may slow USDC growth but not harm Circle’s core business model.

The draft Clarity Act would restrict yield on passive stablecoin balances while allowing activity-based rewards.

Analysts stated that Circle earns reserve income from USDC backing assets and does not directly pay yield to holders.

Circle generated $2.64 billion in reserve income in fiscal year 2025.

USDC supply increased from about $30 billion to $80 billion over the past two years.

Citigroup said proposed U.S. limits on stablecoin rewards may slow Circle’s expansion but not derail its investment case. The bank stated that draft market structure rules could restrict certain incentives tied to stablecoin balances. However, analysts maintained that Circle’s core revenue model tied to reserve income remains intact.

Stablecoin Rewards and USDC Face Draft Rule Changes

Citigroup analysts, led by Peter Christiansen, addressed the draft Clarity Act in a Tuesday report. They wrote, “We view this development potentially as a scaling setback, but not a thesis killer.” The draft permits narrow rewards programs if they do not resemble bank deposit interest.

However, the proposal would restrict yield on passive stablecoin balances. Analysts said Circle already transfers most reserve income to distribution partners such as Coinbase. Therefore, a broader ban on third-party rewards would not directly reduce Circle’s net revenue.

Still, the bank expects weaker incentives to hold USDC in the short term. Analysts described USDC as a payment instrument rather than a security. They added that stablecoin volume, not circulation, remains the main indicator of adoption.

Citigroup assigned Circle shares a high risk rating with a $243 price target. The stock traded near $100 when the report was published. Shares fell about 20% on Tuesday after the draft bill circulated.

Coinbase Yield Product and Circle Reserve Income

The draft Clarity Act triggered concern about banning yield on passive balances. That concern pressured shares of Circle and partners tied to USDC distribution. Market participants questioned how limits on stablecoin rewards could affect related revenues.

Brokerage firm Bernstein addressed the selloff in a Wednesday report. Analysts led by Gautam Chhugani said investors are confused about who earns yield and who distributes it. They stated that Circle earns reserve income from USDC backing assets, while platforms distribute part of that income to users.

The draft would prohibit yield on passive balances but allow activity-based rewards tied to trading or payments. Bernstein said this rule would pressure Coinbase’s roughly 3.5% USDC yield product. The firm expects Coinbase may need to restructure that offering.

Bernstein maintained that Circle’s model remains unchanged under the draft language. The firm reported that Circle generated $2.64 billion in reserve income in fiscal year 2025. Analysts also highlighted that USDC supply grew from about $30 billion to $80 billion over two years.

They attributed that growth to trading, payments, and collateral demand rather than yield. Bernstein placed an outperform rating on Circle shares with a $190 price target. Meanwhile, Coinbase has signaled dissatisfaction with the latest compromise in private talks with Senate staff.

The post Citigroup: Stablecoin Rewards Limits May Slow USDC Growth appeared first on Blockonomi.

TLDR

Brazil enacted Law No. 15.358, allowing authorities to use seized crypto assets to fund public security operations.

President Luiz Inácio Lula da Silva signed the law to expand asset freezing and seizure powers.

Courts can authorize the provisional use of confiscated digital assets before final convictions.

The law targets violent criminal groups, paramilitary organizations, and private militias.

Authorities can suspend access to crypto exchanges and digital wallets during investigations.

Brazil has enacted a new law that redirects seized crypto assets into public security funding. President Luiz Inácio Lula da Silva signed Law No. 15.358 to expand asset seizure powers. Authorities can now freeze and use digital assets during criminal investigations.

Brazil Expands Asset Seizure Powers to Fund Security Operations

Law No. 15.358 authorizes police to freeze, block, and seize traditional and digital assets. It allows provisional use of seized crypto with judicial approval. Authorities can fund police operations, intelligence, and officer training before final convictions.

The law targets violent criminal organizations, paramilitary groups, and private militias. It broadens criminal definitions and increases penalties for territorial control and police obstruction. It also penalizes the use of encrypted messaging and privacy tools to conceal crimes.

Authorities can suspend access to crypto exchanges and digital wallets during investigations. Courts can impose permanent restrictions after convictions. The law also strengthens civil measures to seize property and liquidate illicit assets.

Brazil will improve international cooperation for asset recovery and intelligence sharing. Officials aim to track illicit proceeds across borders. The law also creates a national criminal database integrating financial structures of criminal groups.

Justice officials said the framework enhances coordination between police, prosecutors, and courts. They stated that courts will oversee provisional asset use. They added that judicial approval remains mandatory for each action.

Bitcoin Reserve Proposal and Energy Sector Developments in Brazil

Lawmakers reintroduced a bill in February 2026 to create a Strategic Sovereign Bitcoin Reserve. Federal Deputy Luiz Gastão of PSD/CE presented the proposal in Congress. The bill proposes that Brazil acquire 1 million bitcoins over five years.

The proposal would prohibit the sale of bitcoins seized by judicial authorities. It would also allow federal taxes to be paid in Bitcoin. The framework encourages public companies to participate in Bitcoin mining and custody.

The draft requires transparency and secure storage practices for national holdings. It mandates public disclosure of reserve balances. It also requires cold wallets and multisignature storage systems.

If Congress approves the bill, Brazil would join countries holding national Bitcoin reserves. El Salvador currently holds Bitcoin as a national reserve asset. Lawmakers continue to review the proposal in committee stages.

Meanwhile, Engie launched the 895-megawatt Assu Solar plant in northeast Brazil. The facility entered full commercial operation this month. However, grid operators have already restricted output during oversupply periods.

Reuters reported that Engie is studying battery storage and bitcoin mining data centers. The company aims to offset curtailment losses and improve project economics. Officials have not announced a final investment decision.

The post Brazil Authorizes Use of Seized Crypto for Security Funds appeared first on Blockonomi.

Ключевые моменты

USDT0 проходит начальное тестирование развертывания на инфраструктуре блокчейна Tempo

Архитектура Tempo увеличивает скорость транзакций и снижает операционные расходы

Протокол LayerZero облегчает прямое перемещение между цепочками без зависимостей от мостов

Объем транзакций USDT0 превышает $70 миллиардов, демонстрируя принятие на рынке

Партнерство Stripe и Paradigm укрепляет основу экосистемы стейблкоинов Tempo

Tether продолжает продвигаться вперед с инициативой многосетевого стейблкоина, поскольку USDT0 начинает интеграцию с сетью Tempo. Это развитие улучшает распределение ликвидности по платформам блокчейна и укрепляет взаимную совместимость между экосистемами цифровых активов. Расширение демонстрирует растущую динамику для решений стейблкоинов кросс-платформенного типа.

WhiteBIT, крупнейшая европейская криптобиржа по трафику, представила два автоматизированных торговых решения – Spot Grid Bot и Martingale (DCA) Bot – предназначенные для предоставления розничным трейдерам большего контроля, гибкости и эффективности капитала при навигации по волатильным и трендовым крипторынкам.

Разработанные преимущественно для розничных трейдеров, инструменты сосредоточены на автоматизации, которая позволяет пользователям корректировать стратегию, управлять рисками и вмешиваться, когда условия на рынке меняются.

Хотя инструменты сеточной торговли и усреднения по доллару (DCA) широко доступны на рынке, подход WhiteBIT сосредоточен на улучшении того, как эти стратегии выполняются на практике. Новые инструменты предлагают живое редактирование стратегии, адаптивные рекомендации по параметрам ИИ и несколько моделей реинвестирования, позволяя пользователям корректировать свой подход, не перезапуская торговые циклы.

Ключевые моменты

Автономные транспортные средства Waymo проехали 170,7 миллиона миль в режиме только для пассажиров, добившись примерно в 10 раз меньше серьезных аварий, чем транспортные средства, управляющиеся человеком.

Morgan Stanley сохраняет свою рекомендацию на покупку акций GOOGL с целевой ценой 330 долларов, подчеркивая ускоренный график расширения Waymo.

Evercore ISI поддерживает свою оценку "Лучше рынка" с ценовым ориентиром 400 долларов после того, как данные опроса показали, что доля рынка поиска Google выросла с 70% до 75% с августа 2025 года по март 2026 года.