The US Securities and Exchange Commission (SEC) announced the end of a 3-year-long legal battle with crypto entrepreneur and Tron founder Justin Sun on Thursday, March 5. The announcement, per the latest crypto news today, follows an agreement that Rainberry, one of Sun’s ventures, will pay a $10 million settlement, putting an end to the lawsuit over alleged fraud and securities laws violations.
Meanwhile, DeepSnitch AI (DSNT) is currently trending. The crypto news for the day highlights that the DSNT presale will end on 31st March 2026. For newcomers, DeepSnitch AI is a new crypto market intelligence platform that supports simple, accurate, and real-time market analysis by utilizing AI agents.
DeepSnitch AI is priced at $0.04313 on Friday, with the amount raised over $1.961 million. The token is anticipated to rally 100x in 2026, following a successful launch.
The US SEC ends long-standing legal battle with Justin Sun
In the latest cryptocurrency news update, the US SEC confirmed that it has ended the long-standing legal battle with Justin Sun, as noted in a letter to a Manhattan federal court on Thursday. The decision follows Rainberry’s agreement to pay $10 million as a settlement for the lawsuit.
Sun’s firms, Tron Foundation and BitTorrent Foundation, were sued on allegations of fraud and securities laws violations back in March 2023. However, the SEC confirmed that neither Sun nor the firms did not agree or disagree to the allegations.
Cryptocurrency news update: Eyes turn to DeepSnitch AI’s launch deadline as BTC rally halts midway
1. DeepSnitch AI approaches launch as the team confirms the presale ends in late March: Should you buy it now?
Crypto investors now see DeepSnitch AI as an outstanding and innovative crypto project. The project utilizes five AI agents to provide retail investors with access to trading signals, without costing a fortune.
Previously, such information was only set aside for whales and high-end investors. Today, however, anyone can access profit-ready intelligence via DeepSnitch AI.
With the presale deadline now set for March 31, buyers have a limited time to make their purchases. What you need to know is that, unlike other crypto presales, DeepSnitch AI tools are fully operational, and all the tools are readily available on a single dashboard.
DeepSnitch AI is currently priced at $0.04313, a low entry point for a project with immense growth potential. So far, $1.961 million has been raised, signaling strong demand.
Upon launch, DeepSnitch AI could 100x, with the latest crypto news showing strong rotation into high-beta tokens like DSNT. If you buy today, you get a 150% presale bonus on purchases above $10,000.
The generous offer adds 347k on top of the normal 231k that you would get at the current price without the bonus. Once the price is 100x, the additional tokens turn into roughly $1.4 million profit.
2. Pepe risks a deeper plunge, with the price now moving within a descending channel
Pepe (PEPE) is facing immense bearish pressure despite a relief across Bitcoin and some top cryptocurrencies over the past week, as indicated by the latest crypto news today. On Friday, this meme coin traded at $0.00000336, per the daily chart on TradingView.
The chart also shows that the price of PEPE sat within a descending channel. Normally, this technical chart pattern signifies a bearish downtrend with the price expected to drop further unless a bullish catalyst emerges.
3. Bonk’s Bollinger bands show consolidation ahead of a potential rally
Similar to Pepe, Bonk (BONK) is also facing bearish pressure. This crypto was priced at $0.00000614 on March 6, according to the daily chart on TradingView. However, the Bollinger Bands for the BONK are squeezing, signalling a period of low market volatility and consolidation.
This phase suggests that if bullish catalysts emerge, Bonk could rally upwards in the near term. However, this crypto is generally bearish at the moment and may continue to face more pressure. Recent crypto news shows that market sentiment is bearish as the war between the U.S and Iran escalates.
Conclusion
The breaking crypto news for the day highlights that the DeepSnitch AI presale will end soon. What this means for early buyers is that they have less than 3 weeks left before the window closes.
Failure to buy now means that you’ll miss the opportunity to buy DeepSnitch AI at a low price, for good. This could turn out badly, since DeepSnitch AI is expected to rally 100x, considering its strong value proposition.
Visit the official website for more information, and join X and Telegram for community updates.
FAQs
1. Why is crypto crashing now?
The cryptocurrency news update for Friday, March 6, shows that the crypto market is crushing due to capital rotation into other asset classes as crypto volatility hits the roof. However, some of the capital is rotating into new projects like DeepSnitch AI, which has raised close to $2 million.
2. Should I exit crypto now?
Instead of exiting crypto, smart money is rotating into high-beta tokens like DeepSnitch AI. According to the latest crypto news today, this crypto is now approaching launch and could give big returns.
3. Should I sell my crypto or hold?
Panic selling can result in missing out on a chance to make substantial returns. However, your ultimate strategy should guide whether you sell or hold. Today, the breaking crypto news highlights that DeepSnitch AI could moon hard, giving up to 100x profits in 2026.
