Invest ideasNews
12 Mar 2026, 10:53
Strategy’s STRC buys an estimated 7,000 bitcoin this week, but Two Prime CEO warns ‘no free lunch’
Two Prime CEO Alexander Blume says the high yield product driving the buying surge carries risks despite strong momentum.
12 Mar 2026, 10:52
XRP stays below $1.40 as Ripple Labs launches share buyback
The cryptocurrency market has been consolidating over the last few hours as the volatility in the market has reduced. XRP, the native coin of the Ripple ecosystem, is down by less than 1% in the last 24 hours, and is now trading at $1.38 per coin. The coin lost its spot in the market to BNB, and recent performance doesn’t spark confidence despite positive news from the Ripple ecosystem. Ripple Labs has reportedly launched a new share buyback program to repurchase up to $750 million in shares from employees and early investors. Ripple Labs initiates a buyback program XRP is down by less than 1% in the last 24 hours despite Ripple Labs launching a buyback program to repurchase $750 million worth of shares at a $50 billion valuation. Citing sources close to the matter, Bloomberg reported that the program is expected to run through April. This latest development comes amid increased volatility in the cryptocurrency market and growing regulatory scrutiny of the crypto sector. Ripple’s financial position, supported by holdings in XRP and other assets, has enabled the blockchain company to allocate substantial capital toward share repurchases. This program provides liquidity for employees and early investors while allowing Ripple to consolidate equity without pursuing a public listing. Ripple had previously conducted a share repurchase to provide liquidity to shareholders. In January 2024, the company repurchased $285 million from investors as part of a broader $500 million capital program. Back then, CEO Brad Garlinghouse said Ripple held more than $1 billion in cash reserves and roughly $25 billion in crypto assets, most of which were in XRP. Furthermore, Ripple also previously attempted a larger tender offer in September 2025, seeking to repurchase roughly $1 billion in shares at a $40 billion valuation. However, the offer drew limited participation, especially from employees reluctant to sell their holdings. Ripple also raised $500 million in a new funding round at the same $40 billion valuation in November. The funding round saw participation from several institutional investors, including Citadel Securities, Fortress Investment Group, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. XRP remains bearish, eyes lower support levels The XRP/USD 4-hour chart is bearish and efficient as the coin has underperformed in recent days. It is currently trading above the weekly open candle of $1.33 and has been consolidating around the $1.38 region in the last few hours. The momentum indicators remain mildly bullish but could switch bearish if the consolidation persists. The RSI of 53 on the 4-hour chart is above the neutral 50, indicating a fading bearish momentum. The MACD lines are also diverging around the signal level, suggesting that the bears are regaining control. If the bearish trend persists, XRP may drop below the weekly support of $1.33, with the major support level around $1.27. However, if the buying pressure resumes, XRP may surge past the $1.48 resistance level. An extended bullish scenario will bring the 100-day EMA at $1.58 into focus in the near term. The post XRP stays below $1.40 as Ripple Labs launches share buyback appeared first on Invezz
12 Mar 2026, 10:51
Bitcoin climbs the wall of worry amid escalating Iran war and stock market losses
BTC holds near $70,000 and outperforms major assets during Middle East tensions, even as derivatives data and fear indicators signal deep market pessimism.
12 Mar 2026, 10:51
Ethereum ETF Inflows Surge as U.S. Crypto Funds See $174 Million Net Uptick
U.S.-based spot crypto ETFs saw $173.83 million net inflow, led by Bitcoin and Ethereum. Institutional funds favored Ethereum inflows over altcoins and showed mixed asset strategies. Continue Reading: Ethereum ETF Inflows Surge as U.S. Crypto Funds See $174 Million Net Uptick The post Ethereum ETF Inflows Surge as U.S. Crypto Funds See $174 Million Net Uptick appeared first on COINTURK NEWS .
12 Mar 2026, 10:50
ADA loses 10th spot as Charles Hoskinson hints at buybacks
Cardano’s ADA rose about 1% over the past 24 hours, though the modest gain has not been enough to maintain its position among the top ten cryptocurrencies. The token has slipped to the 11th spot on CoinMarketCap, after Hyperliquid’s HYPE moved into the 10th position by market capitalisation. The shift follows a weaker weekly performance for ADA, which has declined about 4% over the past seven days, while HYPE has gained roughly 18% during the same period. ADA is currently trading around $0.26 and approaching a descending trendline on the chart. Meanwhile, Charles Hoskinson, the founder of Cardano, has hinted at the possibility of introducing a buyback mechanism and outlined plans for a new ecosystem funding model that could roll out in 2026. ADA fails to rally despite Hoskinson’s buyback plans ADA is up 1% in the last 24 hours, aligning with the broader crypto market. Its performance comes as Charles Hoskinson, founder of Cardano, shared a video on YouTube on Wednesday titled “Cardano Funding 2026. The video highlighted a revised plan for the ecosystem funding structure aimed at fixing inefficiencies in the current treasury allocation model. According to Hoskinson, Cardano’s next phase will focus on delivering real utility and building a stronger Decentralized applications (dApp) ecosystem across the network. The new structure would see developers and dApp teams receive stronger incentives to accelerate innovation and adoption across the network. Hoskinson also proposes that Cardano’s treasury could begin allocating capital to a portfolio of ecosystem projects, such as Decentralized Finance (DeFi) platforms and other applications. Returns from these investors should be allocated to repurchasing ADA in the open market, creating a potential buyback mechanism that supports the native token ADA while funding ecosystem expansion. Hoskinson believes that these initiatives could strengthen Cardano’s developer activity, ecosystem, and on-chain utility, ultimately boosting investors’ confidence in ADA over the long term. Cardano’s derivatives data support the current consolidating movement. ADA’s futures Open Interest (OI) now reads $412 million and is approaching the February 12 level of $407 million. The decline in OI reflects waning investor participation and projects a bearish outlook. However, the funding rates support a bullish narrative. CoinGlass’s OI-Weighted Funding Rate data shows that the number of traders betting that the price of ADA will decrease is lower than those anticipating a price increase. The metric flipped to a positive rate on Wednesday and now reads 0.0075% ADA could rally higher if buying pressure resumes The ADA/USD 4-hour chart remains bearish as Cardano is trading at $0.2623 per coin, up 5% in the last three days. The short-term bias remains bullish as the price holds well below the 50-day and 100-day Exponential Moving Averages. The coin is currently facing resistance around the $0.27-$0.30 region as bears have rejected recovery attempts. However, the momentum indicators signal growing buying conviction. The Relative Strength Index (RSI) on the 4-hour chart around 52 stays above its midline, and the Moving Average Convergence Divergence (MACD) hovers above zero after losing negative momentum. These indicators together reinforce a growing upside pressure. If the bulls push the price above the $0.27 resistance level, the next major zone at $0.29 would come into play. On the downside, if the recovery attempts fail, ADA will likely drop to test the $0.25 support level. The support level at $0.24 saw buyers previously and could serve as another demand zone. A decisive move beyond either $0.24 or $0.29 would be needed to shift the current consolidation configuration into a more directional phase. The post ADA loses 10th spot as Charles Hoskinson hints at buybacks appeared first on Invezz
12 Mar 2026, 10:45
‘Minimal damage’ from hack says Bonk.fun team – So why is BONK falling?
Bonk.fun domain compromised, with hackers planting wallet drainer.
