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ORBS, the treasury company for Worldcoin, has completed a new $125 million fundraising round, Alpha News reported. The company also announced it has completed its first strategic investment round of $50 million into OpenAI.

U.S. online brokerage platform Robinhood has listed Wormhole (W).

U.S. initial jobless claims for the past week totaled 213,000, coming in below the forecast of 214,000. The weekly claims figure is a key indicator the Federal Reserve uses to gauge the health of the labor market when making interest rate decisions. A higher-than-expected number can signal an increase in layoffs and a cooling labor market, potentially giving the Fed a reason to cut rates. Conversely, a lower-than-expected figure suggests a robust labor market, which could justify the Fed holding or raising rates to focus on curbing inflation.

Nasdaq-listed healthcare company Cosmos Health (COSM) announced it has purchased an additional $600,000 worth of Bitcoin. This brings the company's total cryptocurrency holdings, which include both BTC and ETH, to $3.1 million. The company stated that expanding its BTC position reflects a disciplined financial strategy designed to enhance its balance sheet diversification while maintaining financial flexibility.

BlackRock's staking Ethereum ETF, "ETHB," will begin trading on Nasdaq today, CoinDesk reported. The fund holds spot Ethereum and stakes a portion of its holdings on the Ethereum network to provide staking rewards. CoinNess previously reported that the ETHB product was being featured at the top of the homepage for iShares, BlackRock's ETF brand.

Victims of a Chinese cryptocurrency scam have filed a lawsuit against the UK government, challenging its plan for returning 61,000 BTC seized from the criminals, the Financial Times reported. The victims argue that the government's proposed compensation method is unfair because the value of BTC has surged since it was confiscated. Lawyers for the victims' group pointed out that UK authorities could potentially keep the massive profits from the price increase for themselves. The case will now proceed to the UK High Court. UK authorities previously seized the 61,000 BTC in 2018 during a search of the home of a Chinese national, Jian Wen, in connection with money laundering charges. The funds were linked to a crypto scam that occurred in China.

World Liberty Financial is preparing to enter the AI agent payment sector, co-founder Zak Folkman announced, according to DL News. The company's stablecoin, USD1, is expected to be used for transactions conducted by AI agents. Folkman said the company has been developing the project behind the scenes and that a very exciting update is coming soon that will completely change how people think about autonomous payments for AI agents.

Cryptocurrency accounting startup Cryptio announced it has completed a $45 million Series B funding round. The round was led by BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, and others. Cryptio provides software for businesses to track digital assets, manage cryptocurrency loans, and monitor blockchain assets.

JPMorgan is facing a class-action lawsuit for allegedly aiding a $328 million cryptocurrency Ponzi scheme operated by the now-defunct Goliath Ventures. According to Cointelegraph, investors filed the suit on Tuesday in the U.S. District Court for the Northern District of California, claiming the bank ignored suspicious transactions and allowed Goliath to use its infrastructure to collect investor funds.

Alexander Bloom, CEO of Teo Prime, has pointed out that "there is no free lunch" regarding Strategy's recent purchase of 7,000 BTC, which was financed by issuing perpetual preferred stock (STRC). He noted that any product offering a yield over 6% higher than U.S. Treasury bonds inevitably carries additional risk. Bloom warned that if confidence in the company, Bitcoin, or the preferred stock itself is lost, the price could fall below its face value, causing significant damage. Strategy's STRC offers a high dividend of 11.5%.

The U.S. state of Utah is preparing to block prediction market platforms such as Kalshi and Polymarket, Cointelegraph reported. A bill, HB243, titled Gambling Amendments, recently passed both the Utah House and Senate and is now awaiting the governor's signature. The legislation defines "special betting" as a form of gambling. This refers to wagers on individual events within a game—such as a specific player's performance or a team achieving a certain statistic—rather than on the final outcome.

Strategy (MSTR), a large-scale investor holding 740,000 Bitcoin, is conducting a massive experiment across the global financial sector. Going beyond simple acquisitions, the company is using unique financial engineering with STRC and mNAV to create a perpetual cycle of Bitcoin accumulation, raising the question of whether it is a market guardian or a ticking time bomb. This report delves into Strategy's financial approach, which is blurring the lines between cryptocurrency and traditional capital markets. Note: The CoinNess Daily Report selects and analyzes one cryptocurrency industry issue each day. Stay informed with CoinNess.

BlackRock has deposited 566.88 BTC ($39.64 million) and 7,552 ETH ($15.52 million) into Coinbase Prime, according to Onchain Lens. Coinbase Prime is a prime brokerage platform that facilitates large-scale trading and custody for institutional investors.

The global crypto exchange-traded product (ETP) market grew to $172.5 billion as of 2025, but 85% of this volume is concentrated in products listed in the United States, according to a report from Tiger Research, an Asia-based Web3 research and consulting firm. The report stated that while ETP product types have diversified into six main forms beyond simple spot holdings, the market's attempts to expand through various derivative products are still in an early stage and have not yet attracted significant capital inflows. For the current institution-led crypto market to grow sustainably, Tiger Research argued that it is essential to both establish genuine diversity in derivative products and for the underlying Web3 industry to undergo rigorous self-regulation.

The Bitcoin MVRV indicator has fallen to levels last seen just after the collapse of FTX in 2022, a development worth noting as a similar instance was followed by a 67% price surge over three months, according to Santiment. Glassnode has also detected early signs of stabilization, citing renewed ETF inflows and a recovery in spot demand. However, analysts see limited potential for a short-term surge, anticipating several more months of sideways movement before any major price action. MVRV is an on-chain metric that indicates how overvalued or undervalued an asset's market value is relative to its realized value.

U.S. Commodity Futures Trading Commission (CFTC) Commissioner Caroline Pham has outlined why the CFTC and the Securities and Exchange Commission (SEC) must cooperate. - Clarify commodity definitions through joint interpretation and rulemaking to end confusion over whether a token is a security or a commodity. - Modernize frameworks for clearing, margin, and collateral, allowing capital efficiency to improve liquidity and lead to better pricing. - Reduce friction for dually registered exchanges, trading platforms, and intermediaries to alleviate regulatory burdens and over-regulation. - Provide a regulatory framework suitable for crypto and new technologies to make the U.S. the crypto capital. - Streamline regulatory reporting for transaction data, funds, and intermediaries to reduce costs and improve data quality. - Coordinate cross-market examinations, economic analysis, risk monitoring, surveillance, and enforcement, as cooperation is stronger, faster, and cheaper. Previously, U.S. SEC Chairman Paul Atkins stated that the jurisdictional conflict between the SEC and CFTC had ended, adding that the two agencies signed a memorandum of understanding (MOU) to enhance cooperation.

According to CryptoQuant analyst maartunn, the futures-to-spot ratio on Binance has surged to approximately 5.1, marking its highest point in one and a half years. This increase is attributed to the structural growth of the derivatives market rather than a decline in spot trading. Historically, a higher ratio has been associated with greater and faster price volatility, suggesting a need for caution regarding potential sharp, short-term price fluctuations.

Toss (Viva Republica) has announced its intention to enter the business of issuing and distributing a won-backed stablecoin. According to ZDNet Korea, Seo Sang-hoon, a managing director at Viva Republica, revealed the plans at the '2026 BCMC' blockchain conference on March 12. He stated that Toss wants to explore the roles of both a stablecoin issuer and a distributor. The conference was hosted by South Korea's Ministry of Science and ICT and the Korea Internet & Security Agency (KISA). Toss is considering joining a won-backed stablecoin consortium to facilitate the issuance. The company also plans to expand the stablecoin's usability through a "DApp Store."

Strategy is estimated to have raised enough funds yesterday through the sale of its STRC perpetual preferred stock to purchase approximately 2,018 BTC. According to Bitcoin Treasuries, this is about four times the amount of new Bitcoin mined globally on the same day.

Robert Kiyosaki, author of the book Rich Dad Poor Dad, has warned that the biggest stock market crash in history could begin in 2026. According to Cointelegraph, he argued that the 2008 financial crisis was never fundamentally resolved and recommended that investors actively acquire gold, silver, Bitcoin, Ethereum, and crude oil as safe-haven assets.

South Korean crypto exchange Bithumb announced that it will temporarily suspend deposits and withdrawals for Hedera (HBAR) starting at 9:00 a.m. UTC on March 18 to support an upcoming network upgrade.

DWF Ventures, the venture arm of DWF Labs, said in a report that it has high expectations for the introduction of a Korean Won-based stablecoin. The report notes that South Korea has a suitable environment for stablecoin proliferation, with approximately 18 million people holding digital assets and 98% of the population using digital payments. A won-denominated stablecoin is expected to reduce reliance on U.S. dollar-based stablecoins, mitigate capital outflows, increase the transparency of fund flows, and strengthen controls over illicit transactions. It could also contribute to creating new revenue streams through reserve management and improving capital efficiency in financial markets. Major stablecoin issuers like Circle and Tether are already exploring market entry through discussions with companies such as Naver and Kaia. However, the report identifies regulatory uncertainty over the issuance structure as a major obstacle. The Bank of Korea favors a bank-led consortium model, while discussions are also ongoing about a regulatory sandbox to expand private sector participation. DWF Ventures analyzed that competition in the space is expected to intensify following the passage of the Digital Asset Basic Act (DABA).

OKX has announced the delisting of five spot assets: RSS3, MEMEFI, GHST, RIO, and SWEAT. According to the announcement, the USD pairs will be delisted between 8:00 a.m. and 10:00 a.m. UTC on March 19, followed by the USDT pairs between 8:00 a.m. and 10:00 a.m. UTC on March 22.

An address presumed to belong to Ceffu, Binance's institutional custody platform, has deposited 1,744 BTC ($121 million) to Binance, according to Whale Alert.

BlackRock's ETF brand, iShares, is featuring its staking-supported Ethereum (ETH) spot ETF at the top of its website, according to Nate Geraci, CEO of asset management firm Novadius Wealth Management. BlackRock submitted an amended S-1 filing for its ETH staking ETF, ETHB, to the U.S. SEC last month. Geraci noted that the prominent placement of the ETH product is significant, as iShares manages nearly every asset class through around 500 ETFs listed on U.S. stock exchanges.