Global X FinTech ETFの空売り状況は、投資家がGlobal X FinTech ETFの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

Global X FinTech ETF (NASDAQ:FINX), 空売り情報

Technology

Industrials

Financial Services

Healthcare

Other

The Fund invests at least 80 percent of its total assets in the securities of the Indxx Global Fintech Thematic Index (Underlying Index). The Fund's 80 percent investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Fund may lend securities representing up to one-third of the value of the Funds total assets (including the value of the collateral received).

Fidelity National Information Services Inc

Fiserv Inc

Paypal Holdings Inc

Intuit, Inc.

Ss&C Technologies Holdings Inc.

Coinbase Global, Inc.

Block, Inc

Adyen Nv

Xero Ltd

Global Payments Inc.

Global X FinTech ETF

Finxflo

Macro Economic Events

News

Econ #s

Economics

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan 10-Year JGB Auction 1.404% Vs. 1.260% Prior

Reported Earlier, Australia Retail Sales (MoM) For January 0.3% Vs. 0.3% Est.; -0.1% Prior

Reported Earlier, Australia Current Account For Q4 -12.5B Vs. -11.8B Est.; -13.9B (Revised) Prior

Reported Earlier, Japan Capital Spending (YoY) For Q4 -0.2% Vs. 4.9% Est.; 8.1% Prior

Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) co-founder and venture capitalist Alexis Ohanian has joined Frank McCourt's <a href="https://www.benzinga.com/general/entertainment/25/01/42834240/kevin-oleary-joins-the-peoples-bid-for-tiktok-as-pending-ban-looms">bid to acquire</a> TikTok's U.S. operations, as competition intensifies with rival groups that include YouTube star Jimmy Donalson, aka MrBeast, tech entrepreneur Jesse Tinsley, and Wyoming investor Reid Rasner.
What Happened: McCourt announced Monday that Ohanian will serve as a strategic adviser for Project Liberty, which he calls "The People's Bid" to buy TikTok's U.S. assets, reported Reuters.
"He has that broad portfolio of experience … and a keen understanding of where social media is evolving," McCourt said about Ohanian's role.
See Also: <a href="https://www.benzinga.com/government/regulations/25/03/44100458/melania-trump-attacks-democrats-for-skipping-key-discussion-on-deepfakes-first-lady-wants-tougher-safeguards-for-children">Melania Trump Attacks Democrats For Skipping Key Discussion On Deepfakes — First Lady Wants Tougher Safeguards For Children</a>
Meanwhile, ByteDance, TikTok's Chinese parent company, <a href="https://in.benzinga.com/general/social-media/25/02/43511395/trump-pushes-for-tiktok-deal-china-could-oblige-if-it-werent-for-those-tariffs-heres-what-we-know">remains hesitant to define</a> the sale's terms or valuation and may choose to shut down TikTok U.S. rather than sell, the report noted..
Why It&#8217;s Important: With President Donald Trump granting a 75-day extension before a <a href="https://in.benzinga.com/general/social-media/25/02/43511395/trump-pushes-for-tiktok-deal-china-could-oblige-if-it-werent-for-those-tariffs-heres-what-we-know">potential TikTok ban</a>, bidders face mounting pressure to finalize a deal.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Jeff Bezos-backed Perplexity has also reportedly made a <a href="https://www.benzinga.com/general/social-media/25/01/43078206/jeff-bezos-backed-perplexity-reportedly-makes-50-billion-move-to-merge-with-tiktok-but-elon-musks-x-remains-this-analysts-favorite-bidder">$50 billion bid to merge</a> with TikTok. On the other hand, Elon Musk has <a href="https://in.benzinga.com/markets/25/02/43585669/elon-musk-shuts-down-tiktok-buyout-rumors-says-he-prefers-to-build-companies-from-scratch-i-rarely-acquire-companies">dismissed rumors</a> of his interest in acquiring TikTok.
Price Action: Reddit's stock ended Monday at $162.45, rising 0.41%. In after-hours trading, it added another 0.39%, bringing its year-to-date drop to 2.09%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga's Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image via Shutterstock
Read Next:
<ul>
<li><a href="https://in.benzinga.com/25/02/43441666/cloudflare-introduces-one-click-tool-to-combat-deepfakes-and-misinformation" target="_blank" rel="noreferrer noopener">Cloudflare Introduces One-Click Tool To Combat Image Deepfakes And Misinformation</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Social Media

Tech

Media

RDDT

Reddit Co-Founder Alexis Ohanian Joins Frank McCourt's TikTok Bid Amid Competition From MrBeast, Jesse Tinsley, And Reid Rasner

First Lady Melania Trump used her first major public appearance to call for stronger protections against online abuse, advocating for legislation <a href="https://www.benzinga.com/general/entertainment/24/02/36999489/new-taylor-swift-deepfakes-circulate-on-x-falsely-portraying-her-as-trump-supporter-and-202">targeting deepfake</a> and revenge pornography while criticizing Democrats for their absence at the discussion.
What Happened: Speaking at a Capitol Hill roundtable on Monday, Trump reaffirmed her commitment to online safety through her revived "Be Best" initiative, calling on lawmakers to pass the "TAKE IT DOWN" Act, <a href="https://edition.cnn.com/2025/03/03/politics/melania-trump-online-behavior-solo-event/index.html">reported</a> CNN.&nbsp;
The <a href="https://www.benzinga.com/news/24/06/39377080/gop-led-bill-seeks-to-hold-facebook-instagram-x-and-other-platforms-responsible-for-policing-and-rem">bipartisan bill</a>, led by Sen. Ted Cruz (R-Tex.), criminalizes the distribution of nonconsensual intimate imagery, including AI-generated deepfake pornography, and mandates swift removal processes from social media platforms.
"In an era where digital interactions are integral to daily life, it is imperative that we safeguard children from mean-spirited and hurtful online behavior," Trump said.
See Also: <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44065912/massive-losses-for-crypto-traders-as-melania-memecoin-plummets">Massive Losses For Crypto Traders As MELANIA Memecoin Plummets</a>
She shared the story of Elliston Berry, a 15-year-old Texas teen whose image was manipulated into explicit content and circulated online. Berry and her family will be guests at President Donald Trump's upcoming address to Congress.
The first lady also took a swipe at Democrats for largely skipping the discussion, stating, "I expected to see more Democrat leaders with us here today to address this serious issue."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: Over the past year, AI-generated, <a href="https://www.benzinga.com/general/entertainment/24/01/36845419/satya-nadella-says-ai-generated-taylor-swift-deepfakes-are-alarming-and-terrible">nonconsensual pornographic</a> images have targeted a wide range of victims. These include high-profile figures like Taylor Swift and Rep. Alexandria Ocasio-Cortez. The voice alteration of former President Joe Biden last year also generated an uproar.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Over 90% of all deepfake videos made are non-consensual sexually explicit images. Women are targeted 9 times out of 10. The DEFIANCE Act would be the first federal protection for survivors of deepfake pornography — allowing them to seek the justice they deserve. <a href="https://t.co/vTY0cvqCbe">pic.twitter.com/vTY0cvqCbe</a>
&mdash; Rep. Alexandria Ocasio-Cortez (@RepAOC) <a href="https://twitter.com/RepAOC/status/1795489693301145941?ref_src=twsrc%5Etfw">May 28, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In January 2025, the U.K. government said that in Britain, producing and distributing <a href="https://www.benzinga.com/government/24/04/38262970/ai-generated-sexually-explicit-deepfakes-on-uk-government-radar-as-new-law-seeks-to-criminalize-them">sexually explicit &#8220;deepfakes&#8221;</a> will be classified as a criminal offense.
In August 2024, Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google said it <a href="https://www.benzinga.com/news/24/08/40089681/google-takes-action-against-deepfake-porn-in-search-results-as-others-like-mark-zuckerbergs-meta-and">implemented some online</a> safety tools to make removing explicit deepfakes from Search easier and reduce their visibility in search rankings.
Meta Platform, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Bullying and Harassment policy bans &#8220;derogatory sexualized photoshop or drawings&#8221; on its platforms.
However, dozens of explicit, AI-generated images of celebrities like Ariana Grande, Scarlett Johansson, and Maria Sharapova circulated widely on Facebook last month. These posts received hundreds of thousands of likes and reshares before Meta eventually took them down, <a href="https://www.cbsnews.com/news/meta-facebook-sexualized-ai-deepfake-celebrity-images-spread/">reported</a> CBS.
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Image via Shutterstock
Read Next:
<ul>
<li><a href="https://in.benzinga.com/25/02/43441666/cloudflare-introduces-one-click-tool-to-combat-deepfakes-and-misinformation">Cloudflare Introduces One-Click Tool To Combat Image Deepfakes And Misinformation</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Government

Regulations

GOOG

GOOGL

Melania Trump Attacks Democrats For Skipping Key Discussion On Deepfakes — First Lady Wants Tougher Safeguards For Children

The Securities and Exchange Commission dismissed a lawsuit against cryptocurrency exchange Kraken and closed an investigation against non-fungible token company Yuga Labs, the two firms announced on Monday.
What happened: Dave Ripley, co-CEO of San Francisco-headquartered Kraken, said the SEC dismissed the lawsuit with no admission of wrongdoing, no penalties paid, and no changes to its business
"Crypto is coming, and it will have a big impact on the world economy," Ripley said. "It's great to see that this administration wants to lead.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The SEC has agreed in principle to dismiss its lawsuit against <a href="https://twitter.com/krakenfx?ref_src=twsrc%5Etfw">@krakenfx</a>. It's a massive win for crypto, the United States of America, and the world. Since our inception, Kraken has operated with integrity and dedication to doing the right thing. Regulation by enforcement has…
&mdash; Dave Ripley (@DavidLRipley) <a href="https://twitter.com/DavidLRipley/status/1896591015097807262?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The SEC sued Kraken in November 2023,<a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40568347/after-binance-and-coinbase-gary-gensler-led-sec-set-to-lock-horns-with-crypto-exchange-kra"> accusing the trading platform of violating federal securities laws</a> by failing to register as a broker, a similar charge that the regulating body brought against fellow cryptocurrency exchanges Binance and Coinbase.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44069015/bitcoin-is-digital-gold-but-whats-the-rationale-for-an-xrp-reserve-asks-peter-schiff-cardano-founder-charles-hoskinson-says-trump-made-the-right-decision">Bitcoin Is Digital Gold But &#8216;What&#8217;s The Rationale For An XRP Reserve&#8217;, Asks Peter Schiff: Cardano Founder Charles Hoskinson Says Trump Made The Right Decision</a>
In other news, Yuga Labs, known for launching the popular Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)-based NFT collection Bored Ape Yacht Club, said that the SEC has officially closed their investigation into the company.
"This is a huge win for NFTs and all creators pushing our ecosystem forward,&#8221; Yuga Labs wrote on X. &#8220;NFTs are not securities.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">After 3+ years, the SEC has officially closed its investigation into Yuga Labs. This is a huge win for NFTs and all creators pushing our ecosystem forward. NFTs are not securities.
&mdash; Yuga Labs (@yugalabs) <a href="https://twitter.com/yugalabs/status/1896687377915187538?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The SEC was <a href="https://www.bloomberg.com/news/articles/2022-10-11/bored-ape-creator-yuga-labs-faces-sec-probe-over-unregistered-offerings">investigating</a> Yuga Labs over whether certain NFTs are "more akin to stocks" and if the sales of certain digital assets violate federal laws.
The SEC didn't immediately return Benzinga&#8217;s request for confirmation.
The development follows a series of similar actions by the SEC, including the <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43883117/coinbase-ceo-brian-armstrong-says-sec-has-agreed-to-end-bogus-enforcement-case-without-penalties">withdrawal</a> of its enforcement case against cryptocurrency exchange Coinbase, Robinhood Markets' cryptocurrency operations, Gemini, and <a href="https://in.benzinga.com/markets/cryptocurrency/25/02/43952007/sec-drops-another-case-uniswap-investigation-concludes-without-enforcement">decentralized </a>cryptocurrency exchange Uniswap (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/uni/usd">UNI</a>).
Photo via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/03/44069228/elon-musk-labels-meme-coins-as-casino-like-dont-sink-your-life-savings">Elon Musk Labels Meme Coins Casino-Like: Tesla CEO Says &#8216;Don&#8217;t Sink Your Life Savings&#8217; Even As Dogecoin Pumps Over 10%</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

$ETH

$UNI

SEC Drops Lawsuit Against Crypto Exchange Kraken, CEO Calls It, 'Massive Win' — BAYC NFT Creator Yuga Labs Also Gets Reprieve

CoreWeave, Inc., a cloud computing firm backed by NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), filed its Form S-1 with the U.S. Securities and Exchange Commission on Monday, signaling its intent <a href="https://www.benzinga.com/25/02/44053318/nvidia-backed-coreweaves-4b-ipo-the-ai-booms-next-big-test">for an initial public offering</a>. 
What Happened: The company, which powers artificial intelligence workloads for giants like Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), aims to list its Class A common stock on the Nasdaq under the ticker "CRWV." 
This IPO marks a pivotal moment for the AI infrastructure sector, projected by Bloomberg Intelligence to hit $399 billion by 2028.
Founded by Michael Intrator, Brian Venturo, and Brannin McBee, CoreWeave has positioned itself as the "AI Hyperscaler," delivering specialized GPU-based cloud services. Its revenue soared to $1.9 billion in 2024 from $229 million in 2023, a 737% jump, though it reported a net loss of $863 million, per the filing. 
The company's platform, boasting over 250,000 GPUs across 32 data centers, supports AI labs like Cohere and Mistral, leveraging contracts worth $15.1 billion in remaining performance obligations as of Dec. 31, 2024.
See Also:&nbsp;<a href="https://www.benzinga.com/personal-finance/25/03/44068159/nba-legend-shaq-says-his-net-worth-quadrupled-once-he-took-note-from-jeff-bezos-and-started-investing-in-things-that-change-peoples-lives" target="_blank" rel="noreferrer noopener">NBA Legend Shaq Says His Net Worth ‘Quadrupled' Once He Took Note From Jeff Bezos And Started Investing In Things That ‘Change People's Lives'</a>
Why It Matters: CoreWeave's filing highlights its edge over-generalized clouds, claiming a 20% boost in model FLOPS utilization, a key efficiency metric. "Our platform is trusted by the world's leading AI labs," the prospectus states, citing a record-setting MLPerf benchmark in 2023—29 <a href="https://in.benzinga.com/25/02/44053318/nvidia-backed-coreweaves-4b-ipo-the-ai-booms-next-big-test">times faster than competitors</a>.
With $14.5 billion raised in debt and equity, including a $7.6 billion facility from Blackstone, CoreWeave eyes expansion amid a $20 trillion AI economic impact forecast by International Data Corporation for 2030.
The IPO, underwritten by Morgan Stanley and Goldman Sachs Group Inc., offers shares from both CoreWeave and selling stockholders, <a href="https://www.benzinga.com/markets/equities/24/05/38561494/nvidia-backed-ai-start-up-coreweave-lands-new-1-1b-funding-whats-on-the-cards">with pricing still undisclosed</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment" target="_blank" rel="noreferrer noopener">Mark Cuban Was Asked How He'd Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment'</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

IPOs

MSFT

NVDA

Nvidia-Backed CoreWeave Files For IPO Amid Explosive AI Growth, Revenue Surges 737% To $1.9 Billion

Renowned economist and market commentator Peter Schiff called for a Congressional investigation Monday into President Donald Trump&#8217;s recent cryptocurrency announcements, citing potential insider trading and manipulation.
What Happened: In an X post, Schiff wanted clarity on several questions tied to Trump&#8217;s strategic cryptocurrency reserve declaration on Sunday. 
&#8220;Who authored the two Sunday afternoon posts on the President&#8217;s Truth Social account? Who knew about the first post in advance, and when were they first informed of the wording of the post and the timing of its release,&#8221; Schiff asked.
Notably, Trump announced the inclusion of XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Cardano (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>) in the first post, sending the altcoins skyrocketing.
However, after a couple of hours, Trump&nbsp;<a href="https://truthsocial.com/@realDonaldTrump/114093946326587357" target="_blank" rel="noreferrer noopener">said</a>&nbsp;Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) would be at the &#8220;heart&#8221; of the reserve, causing a rally in the two blue-chip coins as well. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Donald Trump, the first crypto President, just helped pull off the biggest crypto rug pull of all time. A Congressional investigation is now warranted to find out the following regarding this pump and dump scheme. Who authored the two Sunday afternoon posts on the President&#39;s…
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1896660831880007729?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Additionally, Schiff sought details of how much those with &#8220;advance notice&#8221; spent on the five cryptocurrencies, as well as how profit they made selling them.
&#8220;We also need all emails or text messages that involve any members of the President&#8217;s staff, his or their family or friends, his campaign donors, or Truth Social employees, that relate to either of the two Sunday Truth Social posts,&#8221; Schiff added. 
Former White House communications director&nbsp;Anthony Scaramucci&nbsp;shared Schiff&#8217;s concerns. saying, &#8220;This hurts and doesn't help the industry.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Peter is right about this. This hurts and doesn't help the industry. <a href="https://t.co/fqR7HQEy9y">https://t.co/fqR7HQEy9y</a>
&mdash; Anthony Scaramucci (@Scaramucci) <a href="https://twitter.com/Scaramucci/status/1896666406436954182?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The White House and Trump&#8217;s son Eric Trump didn&#8217;t immediately return Benzinga&#8217;s request for comment. 
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44069015/bitcoin-is-digital-gold-but-whats-the-rationale-for-an-xrp-reserve-asks-peter-schiff-cardano-founder-charles-hoskinson-says-trump-made-the-right-decision">Bitcoin Is Digital Gold But &#8216;What&#8217;s The Rationale For An XRP Reserve&#8217;, Asks Peter Schiff: Cardano Founder Charles Hoskinson Says Trump Made The Right Decision</a>
Why It Matters: Trump&#8217;s strategic cryptocurrency reserve declaration was marred by controversies, with the focus shifting to a <a href="https://in.benzinga.com/25/03/44069726/big-gamble-or-insider-tradingwhale-opens-50x-leveraged-long-position-on-bitcoin-etherum-closes-just-before-trumps-crypto-reserve-announcement">50x leveraged long trade</a> on Bitcoin and Ethereum that closed just before Trump&#8217;s post.
The announcement of the cryptocurrency reserve led to a short-lived rally, with Bitcoin reaching above $95,000. However, Trump&#8217;s tariff announcements <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44099481/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs-2">sent cryptocurrencies spiraling down</a> a day later, with Bitcoin dropping to an intraday low of $85,081,
Financial analysts like Tom Lee have indicated that Bitcoin&#8217;s short performance would <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44070486/bitcoin-will-surge-in-value-and-adoption-in-long-term-says-tom-lee-while-casting-doubt-on-near-term-performance-im-not-really-bearish-on-it-but">continue to be impacted by tariff-related developments</a>. His firm set a downside target of $62,000 for Bitcoin by the end of March.
Price Action: At the time of writing, Bitcoin was exchanging hands at $83,362.10, crashing 10.44% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/03/44069228/elon-musk-labels-meme-coins-as-casino-like-dont-sink-your-life-savings">Elon Musk Labels Meme Coins Casino-Like: Tesla CEO Says &#8216;Don&#8217;t Sink Your Life Savings&#8217; Even As Dogecoin Pumps Over 10%</a></li>
</ul>

Politics

$ADA

$BTC

$SOL

$XRP

Peter Schiff, Anthony Scaramucci Question Trump's Crypto Reserve Announcements: 'Who Authored The Two Sunday Afternoon Posts…'

BYD Company Limited (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), the world&#8217;s leading electric vehicle manufacturer for three consecutive years, and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rival announced a significant capital raise through a placement of new H shares to fund its ambitious global expansion plans and research initiatives.
What Happened: The Chinese EV giant entered into a placement agreement on Mar. 3 to issue 129.8 million new H shares at HK$335.2 ($43.58) per share, according to a company announcement. The placement, representing approximately 4.46% of BYD&#8217;s total issued shares, is expected to generate net proceeds of approximately HK$43.38 billion ($5.64 billion).
The placement price represents a 7.8% discount to Monday&#8217;s closing price of HK$363.6 on the Hong Kong Stock Exchange.
Goldman Sachs, UBS, and CITIC Securities will serve as placing agents and capital markets intermediaries, while CMB International Capital will act as lead managers for the transaction.
&#8220;The company will continue to invest in research and development in the field of intelligentization to seize the critical opportunities in the next stage of new energy automobile industry,&#8221; BYD stated in the announcement. The company plans to use the proceeds to fund R&amp;D, expand overseas operations, supplement working capital, and for general corporate purposes.
See Also: <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Markets Tank After Trump Confirms More Tariffs: Here&#8217;s What Wall Street Is Saying</a>
Why It Matters: BYD has accelerated its international expansion while maintaining dominance in China. The company has ranked first globally in new energy vehicle sales for three consecutive years and has established multiple brands including BYD, Fangchengbao, Denza, and Yangwang to target different market segments from <a href="https://in.benzinga.com/25/03/44072164/tesla-rival-byd-more-than-doubles-passenger-vehicle-sales-in-february-thriples-production">mass-market to luxury vehicles</a>.
The placement is subject to regulatory approvals, including listing permission from the Hong Kong Stock Exchange. BYD&#8217;s chairman Wang Chuan-fu, who owns a substantial stake in the company, has agreed to a 90-day lock-up period following the share issuance.
BYD has emphasized its commitment to advancing vehicle intelligence, introducing strategies like &#8220;Full Vehicle Intelligence&#8221; and &#8220;Intelligent Driving for All&#8221; while equipping all its models with advanced autonomous driving systems.
Price Action: BYD shares traded on the Hong Kong Stock Exchange declined, 7.21% to HK$337.40 ($43.39) as of 10:32 am local time. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/25/03/44097468/polestar-vs-tesla-can-smaller-ev-company-disrupt-giant-facing-boycotts-protests-with-trade-in-offer">Polestar Vs. Tesla: Can Smaller EV Company Disrupt Giant Facing Boycotts, Protests With &#8216;Trade In&#8217; Offer?</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Asia

Equities

BYDDF

TSLA

Tesla Rival BYD Raises $5.64 Billion Through Share Placement, Wants To Use Funds For Global Domination

Indian startup&nbsp;Mintoak, backed by global payments giant PayPal Holdings Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) has acquired fintech player&nbsp;Digiledge, marking&nbsp;the first acquisition in the&nbsp;country&#8217;s developing central bank digital&nbsp;currency space.
What Happened:&nbsp;Mintoak, a provider of merchant payment services, has finalized the purchase of Digiledge, a firm specializing&nbsp;in CBDC and bill payment&nbsp;services, for around $3.5 million. Reuters reported Monday.
The Reserve Bank of India, India&#8217;s central bank,&nbsp;launched a pilot for the e-rupee, a digital counterpart&nbsp;to physical currency, in Dec. 2022. Some of the biggest <a href="https://www.benzinga.com/news/24/08/40155546/google-amazon-phonepe-are-game-to-try-out-rbis-digital-rupee-report">fintech players</a> in the country, including Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)-backed Google Pay, Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)-backed PhonePe, and AmazonPay have expressed interest in joining the pilot project.
This acquisition comes at a time when the global stance on CBDCs is divided. Federal Reserve Chair Jerome Powell  has indicated that the U.S. <a href="https://in.benzinga.com/25/02/43646173/bitcoin-ethereum-dogecoin-dip-even-as-fed-chair-powell-says-no-to-cbdcs-analyst-says-btc-under-consolidation-but-next-big-move-could-be-likely">central bank won&#8217;t develop a central bank digital currency</a> under his watch during his testimony before the Senate Banking Committee.
Photo Courtesy: Shutterstock.com
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/25/03/44069228/elon-musk-labels-meme-coins-as-casino-like-dont-sink-your-life-savings">Elon Musk Labels Meme Coins Casino-Like: Tesla CEO Says &#8216;Don&#8217;t</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

PYPL

PayPal-Backed Startup Flexes Muscle With Strategic E-Rupee Acquisition

On Monday, Cathie Wood&#8216;s Ark Invest executed significant trades involving Airbnb Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Tempus AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>), and ARK 21Shares Bitcoin ETF (BTS: ARKB) amid a broader <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">market sell-off.</a>
The Airbnb Trade
Ark Invest&#8217;s ARKF fund acquired 74,111 shares of Airbnb via Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>). This move comes on the heels of Airbnb&#8217;s <a href="https://www.benzinga.com/general/market-summary/25/02/43722350/airbnb-crushes-q4-estimates-as-classic-hotel-users-flock-to-short-term-rentals-heres-whats-driving-the-surge-in-nights-and-experiences">impressive fourth-quarter performance</a>, where it surpassed earnings expectations. The company&#8217;s growth was fueled by increased bookings in &#8220;nights and experiences&#8221; and a shift in market share from traditional hotels. According to Airbnb&#8217;s CFO, Ellie Mertz, the company has been attracting more users from classic hotels, contributing to its market share gains. The value of this trade is currently unavailable due to missing closing price data.
For the day, ABNB stock rose 1.5% to close at $140.98, bringing the value of Ark&#8217;s purchase to approximately $10.45 million.
The Coinbase Trade
Ark Invest&#8217;s ARKW fund purchased 38,865 shares of Coinbase through ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>). Based on Coinbase&#8217;s closing price of $205.75 on Monday, this transaction was valued at $7.99 million. This acquisition aligns with the recent surge in the cryptocurrency market, driven by President Donald Trump&#8217;s announcement of a strategic U.S. cryptocurrency reserve. Major cryptocurrencies, including Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), declined on Monday evening, <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44099481/bitcoin-ethereum-dogecoin-nosedive-as-trumps-tariff-moves-wipe-out-crypto-reserve-fueled-gains-analyst-says-breaking-through-this-barrier-will-help-btc-touch-new-highs-2">erasing the gains</a> they had made on Sunday due to the crypto reserve news. This downturn occurred as investors grew concerned about the impending tariffs proposed by the Trump administration on key U.S. trading partners: Canada, Mexico, and China.
The Tempus AI Trade
Ark Invest made significant buys of Tempus AI shares, adding 719 shares to ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) and 9,100 shares to ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>). The purchases totaled $500,082, as Tempus AI shares closed 9.34% lower at $50.93 on Monday.
Despite Tempus AI&#8217;s <a href="https://in.benzinga.com/news/earnings/25/02/43927560/tempus-ai-q4-earnings-revenue-miss-eps-beat-strong-guidance-shares-move-lower">recent revenue miss</a> in its fourth-quarter earnings, the company reported a better-than-expected EPS and provided strong guidance. This strategic move by Ark Invest suggests confidence in Tempus AI&#8217;s future prospects. The value of this trade is currently unavailable due to missing closing price data.
The ARKB Trade
Ark Invest&#8217;s ARKW fund sold 95,769 shares of ARK 21Shares Bitcoin ETF (BTS: ARKB). ARKB ended Monday higher by 2.12% at $85.84. The sale was valued at $8.2 million. 
This decision follows a period of volatility in the cryptocurrency market, where Ark had <a href="https://in.benzinga.com/25/02/43963343/cathie-woods-buys-the-dip-in-tempus-ai-coinbase-but-sells-arks-bitcoin-etf-shares-amid-crypto-meltdown">previously sold shares</a> amid a crypto meltdown.
Other Key Trades:
<ul>
<li>Sold 225,652 shares of Draftkings Inc (DKNG) from the ARKF fund.Purchased 8,933 shares of L3Harris Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) through the ARKQ fund and 2,835 shares through ARKX.</li>
<li>Sold 5,576 shares of Elbit Systems Ltd (ESLT) from the ARKQ fund and another 1,769 shares through ARKX.</li>
</ul>
Image via Shutterstock
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44098824/nvidia-tsmc-gitlab-ast-spacemobile-and-tesla-why-these-5-stocks-are-on-investors-radars-today">Nvidia, TSMC, Gitlab, AST Spacemobile, And Tesla: Why These 5 Stocks Are On Investors&#8217; Radars Today</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

ETFs

ABNB

ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF

ARKB

ARKF

ARKG

ARKK

ARKW

COIN

Cathie Wood's Monday Moves: Ark Buys Tempus AI Dip And Airbnb Spike— Goes Shopping For Coinbase Stock Amid Trump Tariff Crypto Meltdown

On Monday, Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) CEO Tim Cook sparked speculation with a cryptic teaser hinting at a new &#8220;Air&#8221; product launch this week, leaving fans wondering whether it's the highly anticipated MacBook Air or something entirely unexpected.
What Happened: Cook posted a short video on X, formerly Twitter, with the text, &#8220;There's something in the air,&#8221; accompanied by the caption, &#8220;This week.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This week. <a href="https://t.co/uXqQaGNkSk">pic.twitter.com/uXqQaGNkSk</a>
&mdash; Tim Cook (@tim_cook) <a href="https://twitter.com/tim_cook/status/1896589954517701057?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
While he didn't specify which device Apple is set to unveil, speculation points toward new MacBook Air models <a href="https://in.benzinga.com/tech/25/02/43906680/apples-m4-macbook-air-set-for-march-debut-says-top-analyst-new-13-inch-and-15-inch-models-reportedly-incoming">powered by the upgraded M4 chip</a>.
See Also: <a href="https://www.benzinga.com/media/25/03/44069785/trump-blasts-uks-apple-encryption-order-warns-against-grave-privacy-violations-thats-something-you-hear-about-with-china">Trump Blasts UK&#8217;s Apple Encryption Order, Warns Against &#8216;Grave&#8217; Privacy Violations: &#8216;That&#8217;s Something… You Hear About With China&#8217;</a>
Previously, Bloomberg columnist Mark Gurman reported that Apple is preparing to introduce 13-inch and 15-inch MacBook Air models sometime this month. Apple also launched its <a href="https://www.benzinga.com/news/24/03/37457340/apple-unveils-new-macbook-air-with-m3-chip-and-dual-display-support">M3 MacBook Air</a> around this time last year.
However, Apple has other &#8220;Air&#8221;-branded products in the pipeline. Reports suggest a new iPad Air could <a href="https://www.benzinga.com/tech/25/02/43428732/apples-spring-2025-lineup-iphone-se-4-m4-macbook-air-and-more-expected-soon">also be on the horizon</a>. There have even been rumors of a potential iPhone &#8220;Air,&#8221; though that may <a href="https://in.benzinga.com/tech/25/02/43802471/apples-leaked-renders-show-iphone-17-air-and-pro-getting-unique-camera-islands-but-base-models-looks-may-disappoint-some">materialize in September</a>.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: Last month, Apple launched the iPhone 16e, a <a href="https://www.benzinga.com/tech/25/02/43820197/apple-unveils-iphone-16e-with-a18-chip-ai-features-599-price-tag">budget-friendly</a> model replacing the iPhone SE. It is priced at $599 and features the A18 chip and Apple Intelligence.
In its <a href="https://in.benzinga.com/news/earnings/25/01/43355688/apple-q1-earnings-revenue-beat-eps-beat-iphone-sales-slip-installed-base-climbs-to-all-time-high-our-best-quarter-ever">first-quarter earnings</a> report, Apple reported a revenue of $124.3 billion, surpassing analyst expectations. Despite a slight dip in iPhone sales, the company&#8217;s installed base reached an all-time high.
Mac revenue reached $8.99 billion, up from $7.78 billion last year, while iPad revenue grew to $8.09 billion from $7.02 billion.
Price Action: Apple&#8217;s stock closed at $238.03 on Monday, down 1.58%, but gained 0.97% in after-hours trading, bringing its year-to-date decline to 2.39%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Photo via Shutterstock
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/25/02/44055314/mrbeast-lost-millions-on-amazons-beast-games-now-hes-looking-to-raise-hundreds-of-millions-to-take-h" target="_blank" rel="noreferrer noopener">MrBeast Lost Millions On Amazon's ‘Beast Games'—Now He's Looking To Raise Hundreds Of Millions To Take His Brand To The Next Level</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

AAPL

Tim Cook Says 'There's Something In The Air' — New MacBook Air Or A Surprise Product Launch On The Cards?

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Chair Robyn Denholm has sold approximately $33.7 million worth of the electric vehicle maker&#8217;s stock, according to a filing with the Securities and Exchange Commission on Monday. This sale is part of a previously adopted trading plan.
What Happened: Denholm has been steadily offloading Tesla shares over recent months. In early February, she sold 112,390 shares worth about $43.2 million, alongside CFO Vaibhav Taneja and board member Kimbal Musk, <a href="https://www.benzinga.com/tech/25/02/43557967/elon-musks-brother-kimbal-musk-and-other-tesla-execs-sell-over-73-million-in-stock">who also offloaded significant holdings</a>. 
This trend among Tesla insiders comes as the company navigates macroeconomic uncertainties and intensifying competition in the EV market.
See Also: <a href="https://www.benzinga.com/trading-ideas/25/03/44097468/polestar-vs-tesla-can-smaller-ev-company-disrupt-giant-facing-boycotts-protests-with-trade-in-offer">Polestar Vs. Tesla: Can Smaller EV Company Disrupt Giant Facing Boycotts, Protests With &#8216;Trade In&#8217; Offer?</a>
Why It Matters: Tesla shares declined 2.84% on Monday, weighed down by broader market concerns following President Donald Trump's announcement of new tariffs on imports from Canada, Mexico, and China. The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods have sparked fears of rising costs and inflationary pressure. 
Meanwhile, Tesla&#8217;s leading competitor, BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), reported robust sales growth in February, more than doubling its new energy passenger vehicle deliveries to 318,233 units. The Chinese EV maker, which briefly overtook Tesla as the world's top battery electric vehicle (BEV) seller in late 2023, remains a formidable challenger, particularly with its <a href="https://www.benzinga.com/25/03/44072164/tesla-rival-byd-more-than-doubles-passenger-vehicle-sales-in-february-thriples-production">dominance in plug-in hybrids</a>.
Price Action: Tesla's stock declined 2.84% on Monday, closing at $284.65, with an additional 0.79% drop in after-hours trading, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>. 
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/25/03/44065932/mark-cuban-was-asked-how-hed-invest-100k-his-answer-buy-bulk-toothpaste-and-soup-for-the-best-guaranteed-return-on-investment" target="_blank" rel="noreferrer noopener">Mark Cuban Was Asked How He'd Invest $100K — His Answer? Buy Bulk Toothpaste And Soup For The ‘Best Guaranteed Return On Investment'</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

BYDDY

Tesla Chair Robyn Denholm Sells Over $30 Million Worth Of Stock As Automaker Grapples With Macroeconomic Uncertainties, Increased Competitive Heat

The Sunday rally was short-lived as President Donald Trump's tariff confirmation sent top cryptocurrencies down on Monday.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>-8.09%</td>
<td>$86,051.25</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-13.48%</td>
<td>$2,147.29</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>-15.69%</td>
<td>$0.1991</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin dumped to an intraday low of $85,081, a day after the <a href="https://in.benzinga.com/25/03/44068814/bitcoin-ethereum-dogecoin-rally-on-trumps-strategic-crypto-reserve-announcement-cardano-xrp-solana-skyrocket-analyst-says-btcs-new-ath-possible-later-in-the-month">announcement of a U.S. strategic cryptocurrency reserve</a> powered it above $95,000.
Ethereum tanked over 13% to an intraday low of $2,097.08, erasing the Sunday upsides, while Dogecoin also took a U-turn, plunging over 15%.&nbsp;
The pullback liquidated $804 million from the cryptocurrency market in the last 24 hours, with $86 million in long positions wiped out.
However, over $1 billion in short positions risked liquidation if Bitcoin rebounded to around $92,300.
Bitcoin's Open Interest plummeted 9.88% in the last 24 hours. Interestingly, Binance futures traders were buying the dip, with long positions surging to 69% of the total bets.
The Crypto Fear and Greed Index fell back into the "Extreme Fear" region, fuelling concerns of further sell-offs.
Top Gainers (24-Hours)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded at 7:30 p.m. ET)</td>
</tr>
<tr>
<td>UNUS SED LEO (LEO)</td>
<td>+1.27%</td>
<td>$9.94</td>
</tr>
<tr>
<td>Tether Gold (XAUt)</td>
<td>+0.99%</td>
<td>$2,886.73</td>
</tr>
<tr>
<td>Pax Gold (PAXG)</td>
<td>+0.75%</td>
<td>$2,888.86</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market capitalization tanked 9.27% to $2.84 trillion in the last 24 hours.
Stocks tumbled on Monday. The Dow Jones Industrial Average fell 649.67 points, or 1.48%, to close at 43,191.24. The S&amp;P 500 sank 1.76% to end at 5,849.72, while the tech-focused Nasdaq Composite lost 2.64% to close the session at 18,350.19.
The sell-offs were triggered after <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Trump reiterated the imposition of tariffs</a> on key trade partners Canada, Mexico, and China.
Investors will focus on the February jobs data, which is due out on Friday, to assess the strength of the U.S. economy.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular blockchain analytics firm CryptoQuant noted that Bitcoin's short-term holders were experiencing modest losses, which could spur accumulation as prices decline.
"For Bitcoin to retest its ATH, a substantial bullish impulse is required, marked by a breakthrough of the STH Cost Basis level ($90,000–91,000) and the ability to maintain prices above this threshold to restore short-term investor confidence," the firm projected.
The cost basis for short-term holders is the original buying price of an investment held for less than a year.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Market Analysis "For Bitcoin to retest its ATH, a substantial bullish impulse is required, marked by a breakthrough of the STH Cost Basis level (90–91K USD) and the ability to maintain prices above this threshold to restore ST investor confidence." – <a href="https://twitter.com/AxelAdlerJr?ref_src=twsrc%5Etfw">@AxelAdlerJr</a> <a href="https://t.co/AvqivYZqS5">pic.twitter.com/AvqivYZqS5</a>
&mdash; CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1896663624472744072?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Widely followed cryptocurrency analyst Ali Martinez called $97,000 the "most critical resistance barrier" for Bitcoin, where roughly 2.27 million investors acquired over 1.64 million BTCs.&nbsp;
"Breaking through this supply wall could open the door for new all-time highs," Martinez predicted.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The most critical resistance barrier for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is $97,000, where 2.27 million investors acquired over 1.64 million <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>. Breaking through this supply wall could open the door for new all-time highs! <a href="https://t.co/onQeQw2WGj">pic.twitter.com/onQeQw2WGj</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1896653806957682853?ref_src=twsrc%5Etfw">March 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li><a href="https://www.benzinga.com/etfs/specialty-etfs/25/03/44092638/bitcoin-mining-etfs-under-pressure-profits-plunge">Bitcoin Mining ETFs Under Pressure As Falling Profits Weigh On Miners</a></li>
</ul>

Movers

Trading Ideas

$DOGE

Bitcoin, Ethereum, Dogecoin Nosedive As Trump's Tariff Moves Wipe Out Crypto Reserve-Fueled Gains: Analyst Says Breaking Through This Barrier Will Help BTC Touch New Highs

Anthropic, a leading AI company backed by Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, has raised $3.5 billion in a Series E funding round, bringing its valuation to $61.5 billion.
What Happened: The funding round was led by Lightspeed Venture Partners with participation from Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Menlo Ventures, Salesforce Ventures, General Catalyst, Jane Street, and Fidelity Management &amp; Research Company, the company announced on Monday.
See Also: <a href="https://in.benzinga.com/tech/25/02/43772135/ex-openai-chief-scientist-ilya-sutskevers-ai-startup-valued-at-30-billion-in-latest-funding-round-report">Ex-OpenAI Chief Scientist Ilya Sutskever&#8217;s AI Startup Valued At $30 Billion In Latest Funding Round: Report</a>
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/03202738/Screenshot-2025-03-04-at-6.57.30%E2%80%AFAM-1024x961.png" alt="" class="wp-image-807055" /><figcaption class="wp-element-caption">Source: LinkedIn</figcaption></figure>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: Founded in 2021 by former OpenAI employees, Anthropic initially sought to raise $2 billion but exceeded expectations with an oversubscribed round, <a href="https://www.bloomberg.com/news/articles/2025-03-03/anthropic-finalizes-megaround-at-61-5-billion-valuation?srnd=phx-technology">reported</a> Bloomberg, citing people familiar with the discussion.
The company's revenue run rate has grown by 30% this year.
The investment follows <a href="https://www.benzinga.com/24/11/42141911/amazon-and-anthropic-deepen-4-billion-ai-partnership-with-claude-35-launch">previous backing from Amazon</a>, which invested an additional $4 billion in November, and Google, which contributed <a href="https://www.benzinga.com/25/01/43127416/anthropic-gains-big-with-google-backing-aiming-for-60-billion-valuation-and-surging-ai-revenue">$1 billion in January</a>.
Last week, Anthropic introduced an <a href="https://in.benzinga.com/25/02/43927621/anthropic-releases-most-intelligent-llm-yet-how-does-it-compare-to-openai-deepseek">upgraded version</a> of its AI model Sonnet, along with a new agent designed to automate software coding tasks.
Meanwhile, SoftBank Group is reportedly in discussions to lead a new funding round for ChatGPT-maker OpenAI. The <a href="https://www.benzinga.com/media/25/01/43374528/softbank-may-lead-openais-40-billion-funding-round-at-a-300-billion-valuation-despite-deepseek-disruption-report">deal could raise $40 billion</a> and value the company at $300 billion, marking a record for private company funding.
Elon Musk's xAI hit a <a href="https://www.benzinga.com/startups/24/11/42235738/in-just-16-months-elon-musk-achieved-with-xai-what-took-openai-nearly-nine-years-to-accomplish">$50 billion valuation</a> in November 2024. Perplexity AI, backed by Jeff Bezos, secured $500 million in December, <a href="https://www.benzinga.com/tech/24/12/42570376/jeff-bezos-backed-perplexity-raises-500-million-tripling-its-valuation-to-9-billion-as-competition-with-google-and-openai-heats-up">reaching a $9 billion valuation</a>.
Image via Shutterstock
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43221770/apples-ipad-turns-15-today-heres-a-throwback-to-when-steve-jobs-explained-called-it-the-third-category-after-phones-and-notebooks" target="_blank" rel="noreferrer noopener">Apple's iPad Turns 15 Today: Here's A Throwback To When Steve Jobs Explained Called It The ‘Third Category' After Phones And Notebooks</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

AMZN

Amazon And Google Backed AI Firm Anthropic Secures $3.5 Billion At $61.5 Billion Valuation

<a href="https://www.cnbc.com/2025/03/03/us-pauses-military-aid-to-ukraine-says-white-house.html" title="https://www.cnbc.com/2025/03/03/us-pauses-military-aid-to-ukraine-says-white-house.html">https://www.cnbc.com/2025/03/03/us-pauses-military-aid-to-ukraine-says-white-house.html</a>
&nbsp;
U.S. President Donald Trump has paused all military aid to Ukraine following his clash with Ukrainian President Volodymyr Zelenskiy last week, a White House official said on Monday.
"President has been clear that he is focused on peace. We need our partners to be committed to that goal as well. We are pausing and reviewing our aid to ensure that it is contributing to a solution," said the official, speaking on the condition of anonymity.
&nbsp;
Zelenskiy's office did not immediately respond to a Reuters request for comment outside office hours.
The move comes after Trump upended U.S. policy on Ukraine and Russia upon taking office in January, adopting a more conciliatory stance towards Moscow - and after an explosive confrontation with Zelenskiy at the White House on Friday in which Trump criticized him for being insufficiently grateful for the Washington's backing in the war with Russia.
On Monday Trump again said Zelenskiy should be more appreciative of American support after earlier responding angrily to an Associated Press report quoting Zelenskiy as saying the end of the war is "very, very far away."
"This is the worst statement that could have been made by Zelenskyy, and America will not put up with it for much longer!" Trump wrote on Truth Social, using an alternative spelling of the Ukrainian leader's name.
But Trump also suggested on Monday that a deal to open up Ukraine's minerals to U.S. investment could still be agreed despite his frustration with Kyiv, as European leaders floated proposals for a truce in Russia's war with its neighbor.
&nbsp;
The Trump administration views a minerals deal as America's way of earning back some of the tens of billions of dollars it has given to Ukraine in financial and military aid since Russia invaded three years ago.
When asked on Monday if the deal was dead, Trump said at the White House: "No, I don't think so."
Trump described it as a "great deal for us" and said he would give an update on the situation on Tuesday night when he addresses a joint session of Congress.

Global

'Trump Halts All U.S. Military Aid To Ukraine, White House Official Says' - CNBC

VERO

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

The stock market experienced a <a href="https://in.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">tumultuous day</a> as President Donald Trump confirmed plans to impose new tariffs. A sell-off ensued, pushing major indices into the red. The Dow Jones Industrial Average slid nearly 1.5% to 43,191.24, while the S&amp;P 500 shed about 1.8% to 5,849.72. The Nasdaq took a heavier hit, dropping 2.6% to close at 18,350.19.
Amidst this market volatility, certain stocks stood out and caught the attention of retail traders and investors. Here are the top five trending stocks of the day:
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) saw its stock fall by 8.69%, closing at $114.06. The stock&#8217;s intraday high and low were $123.70 and $112.28, respectively, with a 52-week range of $75.61 to $153.13. Reports suggest that Chinese buyers are <a href="https://in.benzinga.com/trading-ideas/movers/25/03/44089103/whats-going-on-with-nvidia-shares-monday">acquiring NVIDIA&#8217;s AI chips</a>, bypassing U.S. export regulations.
Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) ended the day 4.2% lower at $172.97. The stock hit an intraday high of $181.57 and a low of $171.07, with its 52-week range between $125.78 and $226.40. The company is <a href="https://www.benzinga.com/25/03/44084767/taiwan-semiconductor-weighs-100-billion-us-investment-as-chip-war-heats-up">considering a $100 billion investment</a> in U.S. chip manufacturing plants over the next four years. Meanwhile, noted analyst Ming-Chi Kuo <a href="https://in.benzinga.com/25/03/44070785/top-analyst-shuts-down-nvidia-cowos-order-cut-rumors-confirms-tsmcs-2025-expansion-is-steady-at-70000-wafers-per-month">debunked rumors</a> of a major Nvidia CoWoS wafer order cut at TSMC.
GitLab, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) closed the day down 6.58% at $56.25. The stock&#8217;s intraday high and low were $61.67 and $55.93, respectively, with a 52-week range of $40.72 to $76.41. Despite the decline, GitLab <a href="https://in.benzinga.com/news/earnings/25/03/44095065/gitlab-shares-rise-after-better-than-expected-q4-report-details">reported better-than-expected</a> fourth-quarter results. The company reported quarterly earnings of 33 cents per share beating the analyst estimates.
AST SpaceMobile Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) saw its shares drop by 5.50%, closing at $25.62. The stock&#8217;s intraday high and low were $29.1 and $24.89, respectively, with a 52-week range of $1.97 to $39.07. Despite missing analyst estimates for fourth-quarter earnings, the stock moved higher after the market close, rising 1.9% in the after-hours trading. The company reported fourth-quarter sales of $1.92 million and a fourth-quarter loss of 18 cents per share, missing analyst estimates of a loss of 17 cents per share. 
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares declined by 2.84%, closing at $284.65. The stock&#8217;s intraday high and low were $303.94 and $277.3,0 respectively, with a 52-week range of $138.80 to $488.54. The decline was attributed to <a href="https://www.benzinga.com/25/03/44094695/tesla-shares-decline-amid-concerns-over-trumps-tariff-plans">investor concerns</a> over the impact of Trump&#8217;s new tariffs.
Image via Shutterstock
Prepare for the day&#8217;s trading <a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a> by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/03/44098484/trump-tariff-fallout-ontario-premier-threatens-to-cut-off-us-electricity-exports-they-should-feel-the-pain">Trump Tariff Fallout: Ontario Premier Threatens To Cut Off US Electricity Exports — They Should &#8216;Feel The Pain&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

General

ASTS

GTLB

Nvidia, TSMC, Gitlab, AST Spacemobile, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

In a bold move, Ontario Premier Doug Ford has warned of a potential cessation of electricity exports to the U.S. The announcement is a response to President Donald Trump&#8217;s planned 25 percent tariffs on Canadian goods, as cited by <a href="https://thehill.com/policy/international/5173914-ontario-premier-doug-ford-tariff-threat/">The Hill</a> on Monday.
What Happened: Ford made this declaration at a mining event in Toronto, expressing his readiness to match the U.S. tariffs dollar for dollar. He emphasized the U.S.&#8217;s significant reliance on Canada&#8217;s electricity, asserting that they should &#8220;feel the pain&#8221; of their tariff decisions.
Furthermore, Ford highlighted the unity of both federal and provincial governments in their opposition to U.S. tariffs. &#8220;The&nbsp;provinces have a big say&nbsp;in it, but it&#8217;s the federal government that&#8217;s leading the charge, and we&#8217;re&nbsp;going to stand shoulder-to-shoulder no&nbsp;matter who&#8217;s in the federal government,&#8221; he said.
This announcement follows Trump&#8217;s confirmation of the 25 percent tariffs on Canada and Mexico, set to be implemented on Tuesday. The President also announced the commencement of reciprocal tariffs from April 2, covering imports from all nations that impose import taxes on U.S. goods.
See Also: <a href="https://www.benzinga.com/general/social-media/25/03/44098232/markets-tank-after-trump-confirms-more-tariffs-heres-what-wall-street-is-saying">Markets Tank After Trump Confirms More Tariffs: Here&#8217;s What Wall Street Is Saying</a>
Why It Matters: Trump&#8217;s decision to impose 25% tariffs on imports from Canada and Mexico, along with 20% tariffs on China, has <a href="https://in.benzinga.com/news/25/03/44092335/trumps-tariffs-threaten-canada-mexico-china-and-american-wallets">raised concerns</a> about the stability of the economy.
Following Trump&#8217;s announcement, economists and consumers are bracing for the <a href="https://www.benzinga.com/personal-finance/25/03/44068922/the-tariffs-are-going-forward-on-time-on-schedule-trump-confirms-canada-and-mexico-tariffs-what-should-u-s-consumers-expect">widespread implications</a> of the tariffs across the United States. A variety of goods nationwide are likely to see price increases.
Legendary investor Warren Buffett has also weighed in on the issue, characterizing tariffs as<a href="https://www.benzinga.com/markets/equities/25/03/44070257/warren-buffett-calls-tariffs-an-act-of-war-warns-they-function-as-a-tax-on-goods-amid-market-turmoil"> "an act of war"</a> that functions as a consumer tax. He warned of the impact of tariffs on inflation, stating, "Over time, they are a tax on goods. I mean, the Tooth Fairy doesn't pay 'em!"
Markets swung sharply after Trump moved forward with tariff imposition on Monday, triggering a sell-off that left major indices in the red. The Dow Jones Industrial Average fell nearly 1.5% to 43,191.24, while the S&amp;P 500 dropped about 1.8% to 5,849.72. The Nasdaq saw a steeper decline of 2.6%, closing at 18,350.19.
The Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the Nasdaq-100 index, ended Monday&#8217;s regular session lower by 2.2%, while the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 1.75%. 
Image via Shutterstock
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Trump Tariff Fallout: Ontario Premier Threatens To Cut Off US Electricity Exports — They Should 'Feel The Pain'

Comments

Global X FinTech ETF

空売り

Global X FinTech ETF (NASDAQ:FINX), 空売り情報

ニュース

パートナーシップ

ベンジンガ・グローバル