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Crypto
Wells Fargo files trademark application for WFUSD
Wells Fargo has filed a trademark application for “WFUSD” aimed at cryptocurrency payments and trading, Cointelegraph reported on March 11. The application covers crypto trading, payment processing, staking software and blockchain financial services, and is under review at the U.S. Patent and Trademark Office. It includes digital asset trading, NFT access, crypto wallet management, electronic money transfers and financial data for smart contracts.
Crypto
Bitcoin \'1900 percent rally\' precursor signal reappears, similar to 2018 oversold zone
Bitcoin’s short-term holder stress indicator has dropped to its lowest level since after the 2018 bear market, prompting suggestions the market may be close to a macro bottom. Cointelegraph, citing Checkonchain data, said the STH Bollinger Bands metric entered its deepest oversold zone in about eight years. Past instances preceded large rebounds. Some see selling pressure largely exhausted, while Wells Fargo flagged possible liquidity support from expanded U.S. tax refunds.
Finance
Google and Meta widen fintech gap by moving early into India and AI
Google and Meta are both expanding their fintech footprint, but Google has made clearer progress. Forbes reported Google has more than 150 million users for Google Pay, mainly in India and the United States. It credited a utility-focused approach integrating Google Wallet across core platforms and NFC-enabled payments. Google also collaborates with banks and supplies AI and cloud financial solutions. Meta’s efforts have faced trust issues, regulatory setbacks and limited WhatsApp Pay uptake in India.