Finex logo
Finex Intelligence

Market Signal Briefing

Real-time pulse of financial headlines curated from 2 premium feeds.

Last news saved at Jan 25, 21:03 47m ago Cron last ran Jan 25, 21:03 47m ago 2 sources live
Switch language
60,339 Stories ingested Auto-fetched market intel nonstop.
301 Distinct tickers Symbols referenced across the feed
stockne... Trending sources stocknewsapi • cryptonews
Hot tickers
BTC XRP ETH SOL GOOG GOOGL
Surfacing from current coverage
Details Saved Published Title Source Tickers
2025-10-03 15:34 3mo ago
2025-10-03 11:18 3mo ago
Will Dogecoin price hit $1 if the SEC approves DOGE ETF this month? cryptonews
DOGE
Dogecoin price has bounced back in the past few days as investors bought the recent dip after it bottomed at a crucial support level in September.

Summary

Dogecoin price has rebounded after falling to a crucial support level. 
The SEC is expected to approve the Grayscale and Bitwise DOGE ETFs this month. 
DOGE will likely not hit the resistance at $1 in the near term. 

Dogecoin (DOGE) rose to $0.2630, up 16% from its lowest level in September. This article explores whether it will jump to $1 if the Securities and Exchange Commission approves spot DOGE ETFs later this month.

Dogecoin price may rally ahead of spot ETF approval
DOGE price could be on the cusp of a strong bullish breakout as the Securities and Exchange Commission nears its decision on two exchange-traded funds by Grayscale and Bitwise.

Analysts, including Bloomberg’s Eric Balchunas, expect that the agency will approve most of the applied ETFs. He cited the recently released generic standards list, which includes the details that it will look at during the approvals. 

One of the criteria is the availability of a regulated futures product. Dogecoin futures already exist, raising the odds of an approval.

Also, the agency has already approved the spot DOGE ETF under the Investment Company Act of 1944. That fund, whose ticker is DOJE, was listed in September and has accumulated over $21 million in assets. 

Its success suggests that the other funds could be more successful because they will likely have a lower expense ratio.

Dogecoin price will also benefit from the ongoing Uptober rally that has boosted other cryptocurrencies.

Dogecoin price chart | Source: crypto.news
The daily timeframe chart shows that the Dogecoin price bottomed at $0.2200 in September and then bounced back to $0.2631. Its lowest level coincided with the lower side of the ascending channel.

The coin has now moved above the 50-day and 100-day Exponential Moving Averages. Moving above these levels is a highly bullish sign as it means that bulls are gaining control.

Therefore, the most likely scenario is that the coin continues rising as bulls target the year-to-date high of $0.3088, which is about 20% above the current level.

For DOGE to reach $1, the price would need to rise by more than 250% from the current level. This surge will likely not happen, as it is in the process of forming a rising wedge pattern. A rising wedge is made up of two ascending and converging trendlines, with a breakdown happening when these lines near their confluence.
2025-10-03 14:34 3mo ago
2025-10-03 09:48 3mo ago
Crypto Market Rally: BTC, BNB, SOL, XRP, ETH Surge Amid Q4 Momentum cryptonews
BNB BTC ETH SOL XRP
Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

The crypto market is seeing renewed bullish momentum to begin the fourth quarter of this year, with BTC, BNB, SOL, XRP, and ETH recording significant gains over the past few days. This rally has come on the back of several factors, including a potential Fed rate cut and a turnaround in the ETF flows.

Crypto Market Rallies With BTC, BNB, SOL, XRP, ETH On The Rise
TradingView data shows that the total crypto market cap is back above the $4 trillion mark, rising over 10% in the last week. This has come on the back of significant rallies for BTC, BNB, SOL, XRP, and ETH.

Source: TradingView; Total Crypto Market Cap Weekly Chart
The Bitcoin price has rallied above $120,000 from a weekly low of around $109,000. BNB has rallied to a new all-time high (ATH) of $1,130 while SOL, XRP, and ETH have also reclaimed key psychological price levels.

The crypto market rally occurs amid renewed bullish momentum in the fourth quarter of the year, driven by several bullish catalysts. Thanks to these catalysts, there are predictions that BTC could reach a new all-time high by the end of this year, surpassing $124,000 in the process.

Fed Rate Cuts
Further rate cuts to close out this year are one of the catalysts fueling the market rally. CME FedWatch data shows that there is currently a 96.7% chance that the Fed will lower rates again at the FOMC meeting this month. This will mark the second rate cut of the year, following the first last month.

Source: CME FedWatch
Fed rate cuts have a significant impact on the crypto market, and market participants look to be pricing in this cut as being bullish for crypto prices. It is worth mentioning that the Fed is also projected to make another cut at the December meeting.

ETF Inflows and Upcoming ETF Approvals
The ETF inflows and upcoming ETF approvals are another catalyst for the rally in crypto prices. As CoinGape reported, the Bitcoin ETFs have recorded $2.2 billion in weekly inflows, injecting new liquidity into the BTC ecosystem. Meanwhile, the Ethereum ETFs have recorded $1.06 billion in inflows this week.

Furthermore, the crypto market is already anticipating the ETF approvals for the Litcoin, Solana, XRP, and Dogecoin funds. Bloomberg analyst Eric Balchunas stated that there is a 100% chance of approval for these crypto ETFs under the new generic listing standards. These funds could drive in fresh liquidity as institutional investors look to gain exposure to these altcoins.

Historical Data Also Fueling Crypto Market Rally
Historical data also serves as one of the catalysts fueling this market rally. The fourth quarter of the year is historically the best period for Bitcoin, with the flagship crypto recording an average gain of 79% during this period.

Source: CoinGlass
Q4 is well ahead of the first quarter, which is the second-best performing quarter for Bitcoin, with an average gain of 51%. Notably, Binance co-founder Changpeng “CZ” Zhao also recently alluded to Bitcoin’s historical performance as he hinted at the likelihood of another ‘Uptober’ rally.

Meanwhile, other factors that could be fueling this crypto market rally include the Crypto Market Structure bill, which could pass in this fourth quarter. Depending on how long the government shutdown lasts, the markup phase for the bill could occur this month before it is then sent to the Senate floor.

It is worth mentioning that Bitcoin rallied to a new ATH in the week that the U.S. President Donald Trump signed the GENIUS Act into law. As such, this crypto regulation, which has a broader impact, could also contribute to a further rally to the upside.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
2025-10-03 14:34 3mo ago
2025-10-03 09:50 3mo ago
Stablecoins Market Cap Tops $300 Billion as Bitcoin, Ethereum, Solana Drive Crypto Rally cryptonews
BTC ETH SOL
Global stablecoins market cap has surpassed the $300 billion mark for the first time, meanwhile, Bitcoin, Ethereum, Solana, and other digital assets continue to surge despite the recent US government shutdown.

According to available data, stablecoins now have a combined market cap that exceeds $300 billion due to the increase in crypto trading during the current bull market, the launch of a wide range of stablecoin-focused initiatives, the introduction of various non-USD stablecoins across Europe and other jurisdictions.

Stablecoins, which are basically digital tokens that are pegged 1-to-1 with major fiat currencies like the US dollar or Euro, have primarily been used by cryptocurrency traders and investors to move money into and out of markets. But now, stablecoins are also being used for remittance payments and several other emerging use-cases.

Unlike volatile cryptocurrencies, stablecoins aim to maintain a stable peg to a particular fiat currency. And while algorithmic stablecoins have been known to crash and abruptly lose their peg, more widely-adopted and regulated ones like Circle’s USDC coin are now being used for cross-border transactions or remittances.

Freelancers and remote working teams are also being paid with stablecoins and they are being integrated and introduced by Fintech firms such as Brex and PayPal. According to some industry estimates, the market cap of stablecoins could surpass the $1 trillion mark. And this does not seem too unrealistic given that the entire crypto market cap already surpassed $4 trillion at the time of writing.

In addition to becoming an integral part of the digital economy, stablecoins may be used by businesses and individuals in areas or jurisdictions where the local currency is not that stable (like in Venezuela where the Bolivar has lost most of its purchasing power).

Many countries tend to restrict the access of US dollars so local residents can still find ways to park their capital in more stable assets due to the emergence of these dollar or Euro-pegged crypto-assets.

Currently, Tether’s USDT decisively remains the most dominant stablecoin in terms of overall global adoption and market cap. However, USDC transactions have also been surging and tend to be more popular in US markets.

At present, US-dollar denominated stablecoins are also leading the charge while other fiat currencies have not been used nearly as much to issue new stablecoins. Blockchains such as Tron (TRX) are also amongst the most preferred when it comes to launching these coins because of its relatively fast speeds and lower transaction costs.
2025-10-03 14:34 3mo ago
2025-10-03 09:50 3mo ago
Big Banks Bet on Ripple's XRP and RLUSD While Visa Tests Stablecoin Integration—Who Wins the $200B Market? cryptonews
RLUSD XRP
Visa is modernizing the decades-old infrastructure of cross-border payments with a pilot that integrates stablecoins into its Visa Direct platform.

Announced at SIBOS 2025, the initiative aims to unlock liquidity, reduce settlement times, and give businesses greater flexibility in managing international payouts.

For years, global transactions have relied on slow, costly rails that require businesses to park large amounts of capital in advance. With the new pilot, Visa is testing stablecoin prefunding as an alternative funding source, enabling financial institutions to cover payouts while maintaining their working capital.

Chris Newkirk, President of Commercial & Money Movement Solutions at Visa, expressed his dissatisfaction. “Cross-border payments have been stuck in outdated systems for far too long,” he said. “Visa Direct’s new stablecoins integration lays the groundwork for money to move instantly across the world, giving businesses more choice in how they pay.”

A new model for liquidity management
The prefunding process enables businesses to deposit stablecoins with Visa Direct, treating them as equivalent to cash on hand. Funds are then made available for payouts in local currencies, providing banks, remittance providers, and other financial institutions with a faster and more predictable method for settling transactions.

Advertisement
 

The model also brings new advantages for treasury operations. Instead of tying up funds for days, institutions can move money in minutes. Stablecoins also serve as a consistent settlement layer, minimizing risks associated with currency volatility across different markets.

Visa has not disclosed which stablecoins are being used in the pilot, but said it is working with select partners that meet specific criteria. Broader availability is expected to roll out in 2026.

This pilot builds on Visa’s ongoing efforts to integrate blockchain programmability with its global payments network. The company has previously tested the waters with crypto-linked payment cards and stablecoin settlements in partnership with Circle. This time, they’re using stablecoins directly within Visa Direct’s prefunding process.

For businesses, this shift could mean an upgrade in speed. It also opens the door to reduced costs, quicker access to working capital, and treasury operations that are less exposed to volatility. And although end users will still receive funds in their local currencies, the system behind those payments may be on the verge of a major transformation.

Ripple’s dual approach to transforming cross-border payments
While Visa experiments with stablecoin integration, Ripple has emerged as a major player in the cross-border payment revolution with a complementary two-pronged strategy: its native digital asset XRP and the recently launched RLUSD stablecoin.

XRP has been specifically designed for cross-border payments since its launch in 2012, serving as a bridge currency that enables instant exchanges between different currencies. The digital asset settles transactions in 3-5 seconds with fees as low as $0.0002 per transaction—a dramatic improvement over traditional SWIFT transfers that can take 1-5 business days and cost significantly more.

Ripple’s On-Demand Liquidity (ODL) solution utilizes XRP to eliminate the need for pre-funded nostro accounts, thereby freeing up billions of dollars in trapped capital for financial institutions. Major banks, including Santander, SBI Holdings, PNC Bank, and MUFG, have integrated XRP into their payment infrastructure through RippleNet, which now processes over $70 billion in payment volume across 90+ markets.
Ripple CEO Brad Garlinghouse has projected that XRP could account for 14% of cross-border payment volume currently handled by SWIFT within five years, signaling the digital asset’s growing institutional acceptance.
2025-10-03 14:34 3mo ago
2025-10-03 09:51 3mo ago
BREAKING: Shibarium Restored—Inside the Major Bridge Exploit That Shook Shiba Inu cryptonews
SHIB
The Shiba Inu development team has announced the restoration of Shibarium following one of its most severe challenges to date. The network was targeted through a sophisticated bridge exploit that disrupted operations and threatened user assets. After a nonstop ten-day recovery effort, developers reported that security had been reinforced and assets secured. The team has confirmed that preventive measures have now been implemented to protect the ecosystem from future attacks.

Recovery Efforts and Security EnhancementsAccording to lead developer Kaal Dhairya, the exploit was carried out through three fake checkpoints submitted to Shibarium’s Ethereum contracts. This manipulation halted Heimdall by breaking the link between its local and on-chain state. Additionally, the attacker staked 4.6 million BONE tokens in an attempt to influence validator thresholds, creating a critical risk that required immediate intervention.

In response, the Shiba Inu core team, alongside external partners, worked continuously for over ten days. Dhairya explained that developers worked late nights and weekends to restore security. Cybersecurity firm Hexens.io was brought in as an independent reviewer to test and validate every fix. Daily standups, emergency syncs, and continuous log reviews were conducted to ensure accuracy in all steps.

Responsibilities were separated across infrastructure, validator operations, test networks, and monitoring. This structure enabled parallel progress while maintaining strict oversight. Once the system was stabilized, several long-term measures were introduced. Over 100 contracts across Shibarium, ShibaSwap, and the Shiba Inu Metaverse were migrated to multi-signature wallets. Validator signing keys were rotated, and a blacklist feature was introduced to staking operations. Each measure was first tested on Devnet and Puppynet before deployment on Mainnet.

One of the most notable outcomes was the rescue of the 4.6 million BONE tokens tied to the attacker. Since the tokens were staked through a contract, the team executed a targeted recovery via the StakeManager. This correction restored ledger integrity and removed the malicious delegation. Withdrawal delays were also extended from one checkpoint to around 30 checkpoints, giving developers more time to detect suspicious activity.

Roadmap, Plasma Bridge, and Infrastructure UpgradesThe Shiba Inu team confirmed that checkpointing on Heimdall has been safely restored. Dhairya stated that repairs were implemented through a staged process beginning in Devnet, then Puppynet, and finally deployed to Mainnet. 

Although developers initially considered negotiating with the attacker, no response was received, and stolen assets were observed being moved. As a result, the team chose not to deploy a bounty contract, citing operational risks.

Looking ahead, developers outlined a cautious roadmap for restoring full bridge functionality. A blacklist mechanism will be added to the Plasma Bridge to prevent malicious addresses from initiating transactions. 

Once this system is fully in place, bridge operations will be gradually reintroduced. Additionally, plans are underway to ensure fair compensation for affected users through phased withdrawals, transaction limits, and coordination with partners. Timelines will only be disclosed when it is safe to do so.

Beyond recovery, the team is focusing on long-term resilience. Shibarium has partnered with dRPC.org to consolidate RPC services under a single endpoint, rpc.shibarium.shib.io, improving reliability and accessibility. Developers are also updating documentation for node setup and validator operations to encourage broader participation and strengthen security across the ecosystem.
2025-10-03 14:34 3mo ago
2025-10-03 09:54 3mo ago
A New Bitcoin All-Time High Could Come As Early As Next Week | US Crypto News cryptonews
BTC
Standard Chartered’s Geoff Kendrick expects Bitcoin to hit $135,000 soon, fueled by US shutdown risks and ETF inflows driving institutional adoption.CryptoQuant data shows perp whales aggressively long Bitcoin, boosting momentum but raising risks of cascading liquidations if the rally loses steam.Analysts warn leveraged positioning makes current strength fragile, yet macro catalysts and liquidity flows could propel Bitcoin to a fresh all-time high.Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee as markets brace for another pivotal moment. From Washington’s shutdown to deep-pocketed crypto whales pushing leverage, forces are converging that could propel Bitcoin (BTC) into uncharted territory. Analysts find themselves split on whether this strength is solid or fragile.

Crypto News of the Day: Geoff Kendrick Sees Bitcoin Ready for $135,000 as Shutdown LoomsBitcoin may be on the brink of a fresh all-time high, according to Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick.

Sponsored

Sponsored

In an exclusive email to BeInCrypto, Kendrick said he expects Bitcoin to “print a fresh all-time-high next week” and push toward his long-held Q3 target of $135,000, reported in a recent US Crypto News publication.

The catalyst, he argues, lies in the dynamics of the US government shutdown.

“The shutdown matters this time around. During the previous Trump shutdown (December 22, 2018, to January 25, 2019), Bitcoin was in a different place than it is now, so it did little. However, this year, Bitcoin traded with US government risks, as best shown by its relationship to US treasury term premium,” Kendrick explained.

On Polymarket, traders are pricing a 60% probability that the shutdown lasts between 10 and 29 days, suggesting no quick resolution.

US Government Shutdown Timeline Probabilities. Source: PolymarketFor Kendrick, this creates an extended environment in which Bitcoin can outperform as a hedge against fiscal gridlock and US credit stress.

The other key driver lies in ETF flows. Gold has been outperforming Bitcoin ETFs in recent weeks, but Kendrick expects that trend to reverse.

Sponsored

Sponsored

“Net Bitcoin ETF inflows are now at USD58bn, of which USD23bn has been in 2025. I would expect at least another $20 billion by year-end, a number which would make my $200,000 year-end forecast possible,” he said.

With Uptober underway and liquidity dynamics turning in Bitcoin’s favor, Kendrick believes the market is set to reward holders with a new peak in the coming days.

Perp Whales Drive Aggressive Longs, Raising Both Hopes and RisksWhile macro tailwinds dominate headlines, on-chain and derivatives data indicate growing momentum for Bitcoin’s next breakout. Analysts at CryptoQuant and other firms highlight a surge in perpetual futures activity led by perp whales.

“Bitcoin perp whales went long heavily on OKX, Bybit, HTX. The taker buy ratio on OKX is the highest since January 2023,” wrote Ki Young Ju, founder and CEO of CryptoQuant.

According to Ki, the current setup marks the fourth attempt to break Bitcoin’s ATH, only this time, perp whales are on the frontline.  

4th attempt to break Bitcoin ATH, but this time with perp whales.

— Ki Young Ju (@ki_young_ju) October 3, 2025
Sponsored

Sponsored

Supporting this, analyst Maartunn observed that since the monthly open, taker buy volume has exceeded sell volume by roughly $1.8 billion.

“Futures buyers are stepping up…clear sign of aggressive long positioning,” Maartunn stated.

This activity has fueled speculation that a leveraged rally may be in the works. In a recent analysis, Maartunn explained that rallies powered primarily by borrowed capital rather than long-term spot accumulation are inherently fragile.

“It might look impressive for a little while, but it’s incredibly unstable and just waiting for a reason to fall over,” he warned.

The risk is that heavy long positioning could trigger cascading liquidations if momentum falters, suppressing spot demand even as prices rise.

This makes current valuations more speculative than sustainable. Still, with whale positioning aligned with macro catalysts like the government shutdown and ETF flows, the conditions appear ripe for Bitcoin to finally clear its all-time high barrier.

Sponsored

Sponsored

Chart of the DayBitcoin Taker Buy Sell Ratio. Source: CryptoQuantByte-Sized AlphaHere’s a summary of more US crypto news to follow today:

ETF inflows return: Bitcoin and Ethereum record $900 million in inflows in one day.
Fresh Bitcoin demand emerges as price claims $120,000; up next – new ATH.
Privacy coins quietly outperform Bitcoin and Ethereum with 71.6% gains in 2025.
Bitcoin options traders show cautious optimism after $120,000 breakout.
Solana holders are unconvinced of a 20% price rise; Major selling begins.
Why Ripple’s RLUSD growth highlights Ethereum, not XRPL, as the real winner.
Analyst says Hyperliquid still ‘most investible,’ despite losing share to Aster.
Circle reports $2.4 trillion stablecoin activity in Asia-Pacific.
Crypto Equities Pre-Market OverviewCompanyAt the Close of October 2Pre-Market OverviewStrategy (MSTR)$353.33$352.00 (-0.026%)Coinbase (COIN)$372.07$373.50 (+0.38%)Galaxy Digital Holdings (GLXY)$36.52$36.89 (+1.01%)MARA Holdings (MARA)$18.79$18.98 (+1.01%)Riot Platforms (RIOT)$19.25$19.36 (+0.57%)Core Scientific (CORZ)$18.10$18.13 (+0.17%)Crypto equities market open race: Google FinanceDisclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-03 14:34 3mo ago
2025-10-03 09:56 3mo ago
Ethereum's Future Tied to Stablecoins and Tokenized Assets cryptonews
ETH
Ethereum's position in the digital economy is undergoing a significant transformation. No longer viewed only as a platform for speculative trading or decentralized applications, Ethereum is increasingly becoming the global settlement layer for traditional finance (TradFi).
2025-10-03 14:34 3mo ago
2025-10-03 09:59 3mo ago
Cardano Founder Makes Bitcoin 2026 Prediction: Details cryptonews
ADA BTC
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Cardano founder Charles Hoskinson has revealed his prediction for Bitcoin in the coming year of 2026. Speaking with Bloomberg at TOKEN2049 Singapore, Asia’s flagship digital asset conference, Hoskinson predicts Bitcoin to be around $250,000 by mid-2026.

In a tweet, Cardanians, a Cardano-focused community X account, shares the Cardano founder's Bitcoin prediction, noting that clear regulations, institutional involvement and the Magnificent 7 integrating crypto will drive growth.

Cardano Founder Charles Hoskinson sees Bitcoin reaching $250,000 next year. 📈

"Clear regulations, institutional involvement, and the Magnificent 7 integrating crypto will drive growth."

From @IOHK_Charles' interview on Bloomberg. pic.twitter.com/9LhWFu4rb8

— Cardanians (CRDN) (@Cardanians_io) October 3, 2025 Reacting to the recent sell-off that hit the market in late September, Hoskinson refers to it as a healthy correction, describing it as a "quick pit stop at the gas station before the long road trip."

Asked where cryptocurrencies go next, Hoskinson stated that demand remains incredibly strong, saying, "We got a lot of things to look forward to. The Clarity Act is likely going to get passed and that's going to bring a lot of institutional players."

HOT Stories

Hoskinson added that end-user growth and strong institutional demand remain strong for Bitcoin, reiterating his prediction of Bitcoin reaching $250,000 by mid-2026.

Billion users coming to cryptocurrencyHoskinson predicts a massive wave of adoption coming to the crypto market, given current institutional involvement and regulatory advancements, such as the upcoming Clarity Act.  

The Cardano founder predicts another half-billion to a billion users entering the crypto space as the Magnificent Seven come in and integrate crypto into their platforms.

"We're already starting to see the banks come in because of the Genius Act," Hoskinson noted, adding that these create unpredictable disruptions, being a different kind of capital than the usual retail cycles.

In this light, Hoskinson doubles down on his bold Bitcoin prediction: "So in terms of price, I still firmly believe that Bitcoin is probably going to peak somewhere around 250,000 sometime next year, and next year it's middle of next year, probably about middle of next year."

Bitcoin reaching $250,000 would mark a 107% increase from its current price of $120,449.
2025-10-03 14:34 3mo ago
2025-10-03 10:00 3mo ago
$231K Bitcoin? Citibank Issues Bold Short-Term Crypto Prediction cryptonews
BTC
Citibank has issued fresh 12-month price targets for Bitcoin and Ethereum, laying out a wide set of possible outcomes that range from steep drops to large gains.

According to the bank’s latest note, Bitcoin’s base case sits at $181,000, while a bearish scenario puts it at $82,000. A bullish run could push Bitcoin to $231,000 within a year.

Citi Lays Out Wide Range
Based on reports, Citi is avoiding a single forecast and instead gives three clear paths for Bitcoin. The bank’s bearish mark of $82,000 represents a 31% fall from Bitcoin’s current quoted price of $120,314.

The base case of $181,000 would be a 52% rise. At the top end, Citi’s $231,000 figure is roughly 95% above today’s level. Those are big swings. They show how much uncertainty traders face.

Citi introduces new 12-month price targets for digital assets:

Bear Base Bull

BTC $82k $181k $231k

ETH $2k $5.4k $7.3k pic.twitter.com/AlpWPaK2YW

— matthew sigel, recovering CFA (@matthew_sigel) October 2, 2025

Macro Forces, Institutional Demand
Citi points to the US dollar and gold as key factors that could cap Bitcoin’s upside. A stronger US dollar and weaker gold prices were noted as headwinds for crypto returns.

At the same time, the bank highlighted continued interest from large investors and more institutional flows as reasons Bitcoin could climb.

The note also compared these targets with Citi’s earlier year-end calls — $132,000 for Bitcoin and $4,500 for Ethereum — and said it extended the timeline to a 12-month horizon that runs to October 2026.

BTCUSD now trading at $120,439. Chart: TradingView
Market Reaction, Other Forecasts
Reports have disclosed that over the last 24 hours Bitcoin was up 2% and Ethereum rose 2.10%. Other big-name forecasts were mentioned alongside Citi’s view.

Standard Chartered and Fundstrat’s Tom Lee are among analysts saying Bitcoin could reach between $200,000 and $250,000 by the end of this year.

Tom Lee has put forward a much higher figure for Ethereum, forecasting $15,000 for ETH — a number well above Citi’s most bullish estimate.

Ethereum’s Path Less Clear?
According to Citi, Ethereum faces more unknowns. The bank set a bear case for ETH at $2,000, a base target at $5,400, and a bullish number at $7,300.

Those levels sit around a 65% rise from Ethereum’s current price of $4,480 in the best case. Citi explained that Ethereum’s ecosystem is still shifting, so it’s harder to predict how value will be shared across projects and staking participants.

Citi’s range is both a warning and a roadmap. It warns that prices can fall sharply — as shown by the $82,000 bear case for Bitcoin and $2,000 for Ethereum — but it also maps possible upside.

Featured image from Unsplash, chart from TradingView
2025-10-03 14:34 3mo ago
2025-10-03 10:00 3mo ago
Spot Bitcoin ETFs Record $1.08B In 4-Day Volume: Fueling Price Momentum cryptonews
BTC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin is holding strong above the $120,000 level, reinforcing bullish sentiment after a series of volatile weeks. The market now turns its focus to the $125,000 mark, which analysts describe as a critical resistance zone. A decisive break above it could open the door to fresh all-time highs, but for now, traders remain cautious as this level has historically attracted strong selling pressure.

Despite the looming resistance, optimism is growing among bullish analysts who see room for continuation in the current cycle. The argument is supported by renewed institutional interest and robust inflows into Bitcoin investment products. Top analyst Maartunn recently shared insights pointing to a key driver of this momentum: Spot Bitcoin ETFs.

According to Maartunn, these ETFs have generated high trading volumes over the past several days, providing a steady stream of demand that is pushing prices higher in unison. This collective effect underscores how institutional vehicles are playing an increasingly central role in shaping Bitcoin’s price action.

Spot ETF Volume Surges as Bitcoin Faces Uncertain
Maartun has highlighted fresh data showing that Spot Bitcoin ETFs have processed $1.08 billion in trading volume over the last four days, adding fuel to Bitcoin’s latest push above the $120,000 level. This volume surge supports Maartun’s view that ETFs are playing a central role in sustaining Bitcoin’s bullish momentum, providing consistent inflows that are keeping demand elevated. In his analysis, such strong institutional participation reflects growing confidence in Bitcoin as an asset class, especially as it continues to gain traction among US investors.

Bitcoin ETF Netflow Daily | Source: Maartunn
However, the picture isn’t entirely clear-cut. The coming days promise to bring heightened volatility, with macroeconomic uncertainty weighing heavily on risk assets. Tightening financial conditions—driven by persistent inflation concerns and cautious Federal Reserve policy—have already begun to limit liquidity across markets. On top of that, the looming threat of a US government shutdown injects an additional layer of instability. Historically, events of this nature have impacted investor confidence, creating sharp swings in both equities and crypto.

Against this backdrop, Bitcoin finds itself at a critical juncture. If ETF-driven demand continues, BTC could decisively break higher, targeting fresh all-time highs beyond $125,000. On the other hand, should macro pressures intensify and liquidity dry up, Bitcoin could face a sharp correction, potentially marking the beginning of a more prolonged bearish phase.

BTC Price Analysis: Testing $120K Level
Bitcoin is holding above $120,000, a level that has quickly become a focal point for both bulls and bears. The chart shows BTC reclaiming momentum after bouncing strongly from the $112,000–$113,000 zone last week, where the 100-day moving average provided key support. The decisive break above $117,500 resistance marked the start of this rally, and BTC has now pushed into the $120K region, a level that previously acted as heavy resistance in August.

BTC consolidates around $120K | Source: BTCUSDT chart on TradingView
Short-term momentum looks bullish, as the daily candles show a sequence of higher lows and strong buying pressure. The 50-day moving average has turned upward, aligning with the broader bullish structure. However, BTC now faces the challenge of consolidating above $120K to target the $122,500–$125,000 zone, which analysts view as the next critical resistance before new all-time highs.

On the downside, $117,500 now acts as a strong support level. If Bitcoin fails to sustain above $120K, a retest of this zone would not necessarily break the bullish structure but could extend consolidation.

Featured image from ChatGPT, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.
As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community.
To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.
Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance.
Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.
2025-10-03 14:34 3mo ago
2025-10-03 10:03 3mo ago
Bitcoin (BTC) Price Prediction for October 3 cryptonews
BTC
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The cryptocurrency market remains bullish at the end of the week, according to CoinStats.

Top coins by CoinStatsBTC/USDThe price of Bitcoin (BTC) has risen by 1.26% over the last day.

Image by TradingViewOn the hourly chart, the rate of BTC is bullish as it is about to break the local resistance of $120,577. If it happens, the upward move may continue to the $121,000 area by tomorrow.

Image by TradingViewOn the longer time frame, the price of the main coin is bullish until it is above the $117,622 mark. 

You Might Also Like

As there are no reversal signals yet, traders may witness a test of the resistance level of $123,236 over the next few days.

Image by TradingViewFrom the midterm point of view, the rate of BTC is approaching the resistance of $123,236. If bulls' pressure continues, one can expect a level breakout, followed by growth to a new all-time high.

Bitcoin is trading at $120,401 at press time.
2025-10-03 14:34 3mo ago
2025-10-03 10:09 3mo ago
Bitcoin to Win as France Faces Euro Collapse, Hayes Warns cryptonews
BTC
Fri, 3/10/2025 - 14:09

Arthur Hayes warns that euro crisis in France could spark capital flight and massive ECB printing, setting Bitcoin up for major rally

Cover image via U.Today

Arthur Hayes, a crypto entrepreneur best known as the cofounder of BitMEX, has identified France as the next potential weak point in the euro system. But what is surprising, he argues, is that this is the perfect setup for Bitcoin. 

In a new longread named "Bastille Day," Hayes claims that the country's worsening fiscal and banking issues make it "too big to bail" within the European Union. This leaves the European Central Bank (ECB) with only one option: printing trillions of euros. And here the cryptocurrency twist emerges.

At the heart of his argument is the TARGET2 system, the eurozone’s internal settlement ledger. France, once a surplus holder, now has the largest deficit, indicating that savers are moving capital to safer jurisdictions, such as Germany and Luxembourg. 

Bitcoin for the winOne of the main structural problems, according to Hayes, is that France’s debt is largely financed by foreign capital, with Germany and Japan ranking as top creditors. 

HOT Stories

As these countries repatriate funds to support their domestic economies, France is left without willing lenders. Given its "ballooning" budget deficit and fractured political system, Hayes believes capital controls and eventual redenomination into a weaker franc are only a matter of time. 

When that moment arrives, he expects savers and investors to seek safety outside the eurozone. Gold and U.S. equities may attract some investment, but Hayes argues that Bitcoin offers the fastest and most reliable exit. 

"Either the ECB prints now or prints later," Hayes writes, "but Bitcoin doesn’t care."

Related articles
2025-10-03 14:34 3mo ago
2025-10-03 10:12 3mo ago
Ethereum Eyes ATH Levels Again, Bull Flag Points to $6,900 Run cryptonews
ETH
Ethereum trades near $4,460 after a 13% weekly gain. Analysts see bullish setups, with targets ranging from $5,500 to $6,900 if momentum holds.

Ethereum is trading close to $4,500 after a strong weekly gain of more than 13%. Analysts are tracking several bullish chart setups, with projections ranging from $5,500 to almost $7,000 if momentum continues. 

Consequently, the focus now is whether ETH can break resistance near its all-time high and move into price discovery.

Bull Flag Pattern Points Toward $6,900
Titan of Crypto shared a weekly chart showing ETH forming a bull flag. The pattern has developed after a sharp rally from about $2,500 to above $4,500. A bull flag is known as a continuation setup, where the price consolidates downward before resuming higher.

#Ethereum Bull Flag 🎯

Weekly bull flag pattern forming on $ETH.

A breakout could send price toward $6,900 🚀 pic.twitter.com/5DmGqrZifs

— Titan of Crypto (@Washigorira) October 2, 2025

According to the analysis, a confirmed breakout above the flag’s resistance could project a move to around $6,900. The target is based on the height of the previous rally, known as the flagpole, added to the breakout level. ETH is still consolidating, so a clear breakout would be needed before the move is validated.

Retest of $4,100–$4,200 Remains Key
Cas Abbé posted a chart showing ETH breaking and retesting the $4,100–$4,200 zone, which has now turned into support. Retests of this kind are often seen as positive confirmation, especially when paired with strong buying volume.

Cas Abbé wrote, 

You may also like:

Ethereum Supply Crisis? Exchanges Can’t Keep Up With Surging Withdrawals

Is Today’s $165B Crypto Market Rally The Start of a Massive Bull Run?

Robert Kiyosaki Says Bitcoin Is the Only Real Hedge as Buffett Turns to Gold

“Ethereum could go down and retest $4,100–$4,200 level again before a new ATH.” 

They also shared a short-term target of between $5,500 and $6,000 by November. Fibonacci extension levels from his chart point to $5,994 and $6,200 as the next upside zones if the support holds.

Source: Cas Abbé/X
Ethereum vs Bitcoin Rotation Setup
Merlijn The Trader compared ETH’s performance against Bitcoin on the weekly chart. The pair has been in a long re-accumulation phase since 2018, similar to conditions that preceded Ethereum’s surge in 2017.

ETHEREUM VS BITCOIN IS LOADING ITS BIGGEST ROTATION IN 8 YEARS.

The chart screams re-accumulation.

The signal that preceded $ETH‘s parabolic run in 2017 is back.

History doesn’t lie.

This time the move comes with Wall Street fuel. pic.twitter.com/m7iLrsavs1

— Merlijn The Trader ✈️ Token2049 🇸🇬 (@MerlijnTrader) October 2, 2025

The analysis suggests that if ETH/BTC breaks higher, Ethereum could begin a new phase of outperformance, this time with added participation from institutional investors.

Testing Resistance Near Previous Highs
CW shared a 3-day ETH/USD chart that places Ethereum just below its prior all-time high between $4,800 and $4,900. ETH has maintained a strong uptrend from the lows of 2022, with the recent pullback looking minor compared to the broader trend.

CW noted, 

“$ETH will rise beyond ATH and go to the moon.” 

Source: CW/X
Indicators on the chart show ETH has been overbought in the short term, which may lead to sideways movement or a pause. Still, a breakout above $4,900 would push ETH into new territory with room for further gains.

Tags:
2025-10-03 14:34 3mo ago
2025-10-03 10:12 3mo ago
Strategy's Bitcoin Holdings Hit $77.4B as Firm Dominates Corporate Crypto Domain cryptonews
BTC
Strategy Inc. now holds $77.4 billion in Bitcoin, owning 3.2% of the total circulating supply.

Their BTC portfolio surpasses multinational banks and rivals the GDP of countries like Uruguay.

The Strategy Inc. of Michael Saylor has reached a milestone that highlights the increasing impact of corporate adoption of Bitcoin in the global finance markets today.

The digital asset treasury company currently holds the value of Bitcoin at $77.4 billion, a remarkable ride since its original investment of $250 million that momentarily traded below water.

The Bitcoin portfolio of Strategy has almost doubled since 2024 due to steady accumulation even during market volatility and price swings across the year. Recently, the company purchased 11,085 BTC in seven weeks, which now amounts to 640,031 BTC or 3.2% of the circulating supply of Bitcoin.

This huge treasury is currently larger than the market capitalization of large financial institutions such as Deutsche Bank, Barclays, and other multinational banking corporations.

The value of Bitcoin in strategy is equal to the yearly GDP of countries such as Uruguay and Slovenia, which points to the fact that corporate crypto holdings compete with national economies.

It is the largest corporate Bitcoin player, with 48% of all cryptocurrency owned by about 266 publicly and privately traded companies globally.

The recent rise of Bitcoin to above $120,000 has increased the value of Strategy, but the prices are still 3% lower than the all-time high in mid-August.

Corporate Holdings Dwarf Nation-State Treasuries
The amount of corporate Bitcoin in all companies amounts to 1.32 million BTC, or 6.6% of the overall supply, which is valued at around $159 billion at the moment.

The nearest rival of Strategy, MARA Holdings, owns only 52,477 BTC with a value of $6.3 billion, showing that Strategy is far ahead of its competitor in this new asset category.

Even the biggest country-state BTC holder, El Salvador, has just 6,338 BTC valued at $762.5 million, which is hardly 1% of the huge reserves at Strategy.

The Central American nation acquires Bitcoin at a rate of one coin per day, which is infinitely slower than the aggressive corporate accumulation strategy adopted by Strategy in recent months.

The holdings of strategy have the potential to buy 2.5 million vehicles or 385,000 homes, which shows the mind-blowing real-life worth of its digital asset portfolio.

Highlighted Crypto News Today: 

Ether.fi Price Rallies 15% as Traders Eye Critical $2 Price Level

Shubham Sahu is a crypto journalist and writer with extensive experience covering blockchain technology, digital currencies, and AI. With over seven years in financial markets, Shubham began his journey in traditional trading before uncovering his passion for the crypto verse. After making his first crypto investment in 2021, Shubham combines practical market experience with deep technical knowledge to provide insightful analysis and commentary.
2025-10-03 14:34 3mo ago
2025-10-03 10:12 3mo ago
MELANIA Meme Shows Struggle After Questions Around Team Wallet Sales Stay cryptonews
MELANIA
The team wallet moved 30 million MELANIA meme coins in April.
Questions about silent sale resurfaced after Melania Trump shared X post published by the meme coin’s page.
MELANIA is down by 90.89% since January 2025.

MELANIA meme coin has lost over 90% of its value since January 2025. The decline is largely credited to the activity that was flagged a couple of weeks ago. Questions around significant sales by team wallet are starting to pick up pace once again. While the token has indeed gained value in recent hours, it remains to be seen if the Solana-based cryptocurrency ever sees upticks.

MELANIA Meme Coin Continues on a Lower Call
The decline of the MELANIA token technically commenced in February 2025, when it noted a steep decline from $3.7946 to $1.9332. But, it was only in April 2025 that the meme coin, co-created by Hayden Davis, came under fire.

It was reported by Bubblemaps that funds worth approximately $30 million were moved from community funds. The report added that they were being silently sold, and the team did not offer any explanation to the community. That made up for almost 50 million MELANIA meme tokens at that moment.

Lookonchain also reported around that time that the team had employed DCA strategy to sell the token. It is estimated that more than 3.1 million tokens were sold under the DCA strategy within 3 days. The incident, even though weeks old, resurfaced when the official X account of MELANIA token posted a video with the caption, Into the future.

MELANIA price continues to play a downtrend since the time the original report broke out. The recent X post, shared by Melania Trump on her profile, has reignited discussions around it.

Ongoing MELANIA Price
MELANIA meme coin is currently down by 90.89% since January 2025, and is exchanging hands at $0.1818. The 24-hour trading volume has also plummeted by 27.42% to hover around $7.16 million. However, MELANIA price has soared by 11.48% over the past 7 days. It last achieved an ATH of $13.73 on January 20, 2025. The meme coin is now down by 98.67% from its all-time high milestone.

The MELANIA price is now testing crucial levels of $0.189148 and $0.173347, as its resistance and support margins, respectively. Notably, the all-time low value of MELANIA is $0.1598, and the meme coin is only 14.22% above that mark.

MELANIA Price Corrections Expected
Short-term estimates underline that MELANIA token may undergo a correction of 25.07% in the next 30 days. That would take the value to around $0.137997. Price prediction also underlines that the next 5 days could see a decline of 23.19% to $0.141451. Overall sentiments are bearish amid the volatility of 7.53%, and the FGI rating of 63 points.

The majority of the Oscillators are neutral. That said, it is important to note that the contents of this article are neither recommendations nor advice for crypto trading. Do thorough research and risk assessment before engagement.

Highlighted Crypto News Today:

42% Bloodbath for MYX Finance (MYX): Is the Worst Behind or Yet to Come?

Curious by nature, Ankur's core topic is Web3, but he's a versatile writer who can cover many more subjects. If you catch up with him in his free time, you'll find discussions often center around different movies and TV series. He's an easy person to talk to—you can literally chat with him about anything.
2025-10-03 14:34 3mo ago
2025-10-03 10:15 3mo ago
PancakeSwap (CAKE) price rally explained: BNB ATH, fee orders, and $772B volumes cryptonews
BNB CAKE
PancakeSwap's native token CAKE has returned to the spotlight after months of muted performance, posting one of its strongest rallies in years. CAKE's price has climbed more than 23% in the past 24 hours, outpacing the broader crypto market, and extending its monthly gains to nearly 39%. Currently trading at $3.
2025-10-03 14:34 3mo ago
2025-10-03 10:16 3mo ago
Binance to Suspend Polygon Withdrawals on This Date: Reason cryptonews
MATIC POL
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Major crypto exchange Binance has announced support for the Polygon (POL) network upgrade and hard fork, scheduled for Oct. 8, 2025.

In this light, at 1:12 p.m. (UTC) on Oct. 8, 2025, Binance stated it will suspend deposits and withdrawals of tokens on the Polygon (POL) network to support its network upgrade and hard fork to ensure the best user experience. However, trading on the Polygon network will not be impacted.

The Rio mainnet network upgrade and hard fork will take place at the block height of 77,414,656, or approximately on Oct. 8 at 2:12 p.m. (UTC).

HOT Stories

Deposits and withdrawals for tokens on the Polygon network will be reopened once the upgraded network is deemed to be stable; however, no further announcement will be posted.

More on Rio Hard forkRio upgrade enables the next steps in Polygon’s GigaGas roadmap, as the network continues to evolve core architecture to meet the needs of global payments and RWAs.

Rio redesigns the network’s validator set for efficiency and introduces stateless block verification to reduce validator costs and eliminate reorgs. The Rio upgrade sets the stage for Polygon PoS to reach 5,000 TPS.

Included in this upgrade are PIP-64, "Validator-Elected Block Producer," which outlines a new block production architecture for Polygon PoS, shifting power from protocol code to validator choice by introducing a Validator-Elected Block Producer (VEBloP).

PIP-65, "Economic Model for VEBloP," defines an economic model with a fee redistribution mechanism between the active block producer and the validator set, designed to function alongside PIP-64.

PIP-72, "Witness-Based Stateless Verification," enables nodes to validate blocks without maintaining the complete blockchain state. This cuts storage bloat, speeds up sync and lowers hardware costs.
2025-10-03 14:34 3mo ago
2025-10-03 10:16 3mo ago
October 3 [LIVE] US Economic Data Mixed as PMI Shows Divergence – Positive Trigger for BTC? cryptonews
BTC
US economic data released today presents a mixed picture with the September S&P Composite PMI rising to 53.9 and Services PMI climbing to 54.2 indicating expansion in the services sector above the 50 threshold.
2025-10-03 14:34 3mo ago
2025-10-03 10:17 3mo ago
Best Altcoins to Buy as Bitcoin Hits $120K and JPMorgan Targets $165K cryptonews
BTC
JPMorgan has just dropped a bold target for $BTC: $165K. The firm cited gold’s record-setting run and the growing ‘debasement trade’ as tailwinds.

At the same time, Uptober is living up to its name, with Bitcoin blasting through $120K despite the U.S. government shutdown, proving just how resilient this market has become.

Historically, when Bitcoin asserts dominance like this, it doesn’t take long for capital to rotate into the best altcoins, as that’s often where the larger gains emerge.

With momentum building, hot alternatives like Bitcoin Hyper ($HYPER), Best Wallet Token ($BEST), and Aster ($ASTER) are catching attention as potential breakout plays during Q4.

JPMorgan’s $165K Call + Uptober Momentum
JPMorgan analysts forecast $BTC climbing to $165K by benchmarking it against gold on a volatility-adjusted basis.

Source: @Cointelegraph on X.
Their thesis is simple: if gold can rip to record highs on currency debasement fears, Bitcoin (the harder, more portable alternative) should eventually catch up. That’s what analysts refer to as the ‘debasement trade,’ where investors hedge against fiat erosion by piling into scarce assets like gold and Bitcoin.

Flows back this up. Spot Bitcoin ETFs have experienced significant retail inflows since late 2024, with approximately 605.18 K Bitcoin added from November 2024 to September 2025.

Institutions are still net buyers via CME futures, though retail has been leading the charge. JPMorgan’s model suggests Bitcoin remains undervalued by about $45K compared to gold.

On the charts, Uptober is firing yet again. Bitcoin already broke $120K, extending a run that fits with historical October trends, where Bitcoin has been green 10 out of 12 times in existence.

Source: Coinglass.
Even the US government shutdown, which left the SEC and CFTC underpowered, hasn’t dented momentum. If anything, it’s underscored Bitcoin’s resilience. When $BTC sets the tone, liquidity often rotates into the top altcoins.

With structural support for Bitcoin now clear, investors are eyeing these three new cryptocurrency projects with outsized upside potential during the next leg higher:

1. Bitcoin Hyper ($HYPER) – First Real Bitcoin Layer 2
Bitcoin Hyper ($HYPER) is behind the first genuine Bitcoin Layer 2. It’s not a side chain, not wrapped $BTC, but a full execution layer powered by Solana’s Virtual Machine (SVM).

The project uses a trustless bridge to mint $BTC on Hyper, enabling sub-second transactions with near-zero gas fees. ZK-proofs regularly anchor activity back to Bitcoin Layer 1, keeping the network secure while unlocking the speed and flexibility $BTC has always lacked.

Screenshot
That means Bitcoin is no longer just a ‘store of value.’ It can finally host dApps, meme coins, and DeFi. For traders, that’s a huge deal. If JPMorgan’s $165K projection plays out, $HYPER is positioned to absorb the next wave of liquidity as Bitcoin demand spills into higher-beta plays.

The tokens are priced at just $0.013045; however, experts predict a price of $0.02595 by the end of the year. Early buyers can also stake with 56% APY.

💡 Learn how to buy Bitcoin Hyper in our guide.

Bitcoin Hyper is effectively trying to give Bitcoin its ‘Ethereum 2017 moment,’ by transforming it from a vault into a usable financial layer.

With Uptober momentum carrying $BTC higher, $HYPER’s narrative looks increasingly aligned.

🏃‍♀️‍➡️Get in early at the official Bitcoin Hyper presale now.

2. Best Wallet Token ($BEST) – Web3 Wallet Power Play
Best Wallet has already carved out a reputation as one of the most advanced software wallets on the market, offering a cleaner, more intuitive alternative to MetaMask.

With features like built-in presale access, integrated portfolio tracking, and top-tier Fireblocks MPC-CMP security, it’s quickly become a go-to hub for crypto newcomers and veterans alike.

The Best Wallet Token ($BEST) is designed to take that ecosystem to the next level. As the native asset, $BEST powers reduced transaction fees, early access to new meme coins on presale, staking rewards, and ecosystem governance. It effectively ‘gamifies’ wallet engagement.

💡 Learn how to buy Best Wallet Token in our step-by-step guide.

One of the most highly anticipated additions is Best Card, a crypto debit card that allows you to spend directly from your wallet balance anywhere Mastercard is accepted, complete with cashback rewards.

Combined with the presale hub, this will make Best Wallet a one-stop shop where Web3 meets everyday finance.

Investors have already bought in, with over $16.2M raised so far. Tokens are priced at $0.025735, but analysts see $0.07 as a possibility by 2030. Staking yields are as high as 81% APY, allowing $BEST to position itself as both a utility token and a growth play.

As Uptober drives fresh adoption, crypto wallets are the first gateway, and demand should explode.

🚀 Visit the Best Wallet Token presale today to grab a stake in this growth.

3. Aster ($ASTER) – High-Volume DEX Challenger
If Uptober keeps fueling risk appetite, decentralized exchanges are set to capture a major share of the flows. And Aster ($ASTER) is already proving it can handle the surge.

The multi-chain DEX runs on BNB, Ethereum, Solana, and Arbitrum, offering perpetuals, spot trading, and unique features like hidden orders.

Its big draw is MEV-free, one-click execution in Simple Mode, while Pro Mode caters to advanced traders with stock perps and grid strategies.

Source: CoinMarketCap.
The volumes tell the story. Aster processed $89B in perpetual trades over the last 24 hours and $463.1B over the past week. Spot activity is surging too, hitting $1.11B in volume, while the project’s market cap sits at $3.2B. Few DEXs outside of Hyperliquid can rival that pace.

Aster is aiming to scale even further. The team is rolling out Aster Chain, a blockchain built specifically for trading utilities – not another generalized EVM chain, but a network focused on liquidity, transparency, and smoother UX.

They’re also planning community-guided buybacks that recycle income into $ASTER without locking the project into rigid schedules.

With backing from YZi Labs and open endorsement from Binance founder CZ, Aster has heavyweight credibility.

And with $BTC momentum driving leverage demand, $ASTER looks primed to keep absorbing liquidity during this Uptober rally.

Buy $ASTER on Kucoin.

Recap: JPMorgan’s $165K call and Bitcoin’s Uptober rally past $120K show how resilient the market has become, even amid a U.S. government shutdown. For alt seekers, $HYPER, $BEST, and $ASTER stand out as projects positioned to capture the next wave of momentum.

This article is not financial advice. Crypto carries inherent risks so please do your own research (DYOR) and never invest more than you are willing to lose.

Authored by Aidan Weeks, NewsBTC — https://www.newsbtc.com/news/best-altcoins-to-buy-jpmorgan-predicts-165k-bitcoin
2025-10-03 14:34 3mo ago
2025-10-03 10:20 3mo ago
Ripple finally finds DeFi traction as XRP staking vault tops $30M cryptonews
XRP
Ripple finally finds DeFi traction as XRP staking vault tops $30M Oluwapelumi Adejumo · 5 seconds ago · 2 min read

Midas' mXRP staking vaults rapidly expand, signaling strong DeFi growth potential.

Oct. 3, 2025 at 3:19 pm UTC

2 min read

Updated: Oct. 3, 2025 at 3:19 pm UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

XRP is entering a new development phase as its ecosystem embraces DeFi products and strategically moves into real-world asset (RWA) tokenization.

These steps aim to give the long-standing digital asset practical roles beyond cross-border payments, a shift that could determine its future relevance in global finance.

XRP DeFi expansionThe introduction of mXRP, a liquid staking token built on XRP Ledger’s Ethereum-compatible sidechain, has triggered strong demand among holders.

By staking XRP through the Midas platform, investors receive mXRP in return. This token can circulate across DeFi protocols and potentially deliver up to 8% annual yields.

The appetite for this product was evident almost immediately, as the initial 6.5 million XRP vault was filled in hours. This led to a subsequent increase to 10 million tokens.

By Oct. 2, Axelar, the blockchain infrastructure firm supporting the initiative, reported that the vault tied to mXRP had already grown to more than $30 million.

Due to this reported strong demand, the team revealed that the vault has been further expanded to 20 million tokens. At XRP’s current market value of over $3, this would amount to more than $60 million.

That enthusiasm reflects a broader desire for fresh utility within the XRP ecosystem. Despite being one of the crypto industry’s oldest assets, XRP has historically struggled to compete with Ethereum and other chains in DeFi.

However, by offering a liquid staking token, the network steps toward closing that gap, enabling holders to put idle capital to work and increasing XRP’s relevance in decentralized markets.

XRPL RWA tokenizationAlongside DeFi innovation, developers are equipping the XRP Ledger (XRPL) with additional tools tailored for regulated institutional activity.

The most notable is the Multi-Purpose Token (MPT) Standard, designed to streamline tokenization of real-world assets while embedding compliance safeguards directly at the protocol level. XRPL ranks among the top 10 blockchain networks for RWA activities, according to RWA.xyz data.

Martins Hiesboeck, head of research at Uphold, pointed out that the MPT represents a “strategic leap into institutional finance.”

The token standard includes built-in mechanisms for asset freezing, fund clawbacks, and identity-based access controls. These features allow issuers to comply with sanctions, mitigate fraud, and restrict transfers to verified holders without relying on bespoke smart contracts.

These standards allow tokens to be created and managed quickly, lowering operational risk and accelerating time to market.

Moreover, the design leverages XRPL’s key strengths: three-to-five-second finality, low fixed transaction fees, and a highly secure, battle-tested network.

Hiesboeck further explained that each operation, issuance, transfer, or management requires a small fee in XRP, which is then burned, gradually reducing the circulating supply. In addition, issuers must lock a reserve of XRP for every new ledger object, further tightening token availability.

Considering this, he concluded:

“This utility model is a key strategic pivot, shifting the XRP valuation narrative away from pure speculation and toward a mathematically quantifiable model based on verifiable, high-throughput global financial activity. The MPT standard strategically positions the XRPL as the leading secure and compliant institutional blockchain for the future of tokenized finance.”

Mentioned in this articleLatest XRP Stories
2025-10-03 14:34 3mo ago
2025-10-03 10:21 3mo ago
Bitcoin due for squeeze as record $88B open interest sparks ‘flush' worries cryptonews
BTC
4 minutes ago

Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks.

57

Key points:

Bitcoin circles the $120,000 mark as traders boost liquidity on either side of the spot price.

Analysis sees bulls addressing the “imbalance” to take the market higher.

Long-term bearish divergences continue to cast doubt on the future of the Bitcoin bull market.

Bitcoin (BTC) consolidated $120,000 support at Friday’s Wall Street open as analysis prepared for a fresh short squeeze.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Trader eyes $123,000 BTC liquidityData from Cointelegraph Markets Pro and TradingView showed a cooling of short-term BTC price volatility on the day.

BTC/USD had hit new local highs into the daily close, with the level to beat now at $121,100.

Commenting on the current market set-up, popular trader CrypNuevo eyed overhead ask liquidity as a likely target next.

“Liquidations at $120k have been hit,” he summarized in part of his latest analysis on X. 

“Now we're in this Liquidity Pool (LP) which represents an imbalance in the chart and needs to be fully retraced ($123.2k).”BTC liquidation heatmap. Source: CrypNuevo/XData from CoinGlass additionally showed bids massing around $118,500, representing potential support in the event of a market correction.

BTC liquidation heatmap. Source: CoinGlass
On the topic of a potential retracement, popular trader BitBull suggested that this could come thanks to a surge in open interest (OI) on derivatives markets.

“In the next 1-2 weeks, BTC and alts will have a big leverage flush,” he predicted in part of an X post. 

“This'll force people to sell their coins as they think that Uptober is over. After that, Bitcoin and alts will rally again and hit new highs.”Exchange Bitcoin futures open interest (screenshot). Source: CoinGlass
CoinGlass data put total futures OI across exchanges at a record $88.7 billion on the day.

Bearish divergences cause concernA further argument for trouble down the line came from fellow trader Roman, who eyed bearish relative strength index (RSI) divergences on daily and weekly timeframes. 

A bearish divergence occurs when RSI hits lower highs as price hits higher highs — something playing out around Bitcoin’s current $124,500 record.

“I wonder how long $BTC can ignore these bear divergences and lack of momentum on the 1W and 1M,” Roman queried Tuesday. 

“Volume is also telling us there’s a lack of strength. It’s only a matter of time before they play out. Be careful holding here.”BTC/USD one-day chart with RSI data. Source: Cointelegraph/TradingView
As Cointelegraph reported, four-hour RSI continues to sit in “overbought” territory, reinforcing expectations of low-timeframe price cooling.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
2025-10-03 14:34 3mo ago
2025-10-03 10:22 3mo ago
Bitcoin Open Interest Hits ATH, $45.3 Billion Leverage Unleashed cryptonews
BTC
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Bitcoin (BTC) has added over 10% in value over the last seven days as the leading crypto asset continues its rebound move to August 2025 levels. While market participants anticipate a further increase, investors are bullish as Bitcoin open interest has hit an all-time high (ATH).

Bitcoin in extreme leverage conditionsAs highlighted by CryptoQuant analyst JA Maartunn, in a post on X, Bitcoin’s open interest soared to $45.3 billion in the last 24 hours. This signals very extreme leverage conditions, which indicate that market participants are betting on a further increase in price.

The "Uptober" frenzy might have hit Bitcoin, hence the new ATH in open interest. For clarity, open interest refers to the total fiat value of Bitcoin futures and options contracts tied to the market. These have not been settled or closed.

This indicates that traders are highly speculative in engaging the asset. While this could continue to catalyze further price growth, realistically, the market is risky and fragile currently. Any dip in the price of BTC could trigger massive liquidations.

Bitcoin’s price has been swinging between a low of $118,611.80 and an intraday peak of $121,086.41 within the last 24 hours. As of press time, Bitcoin exchanges hands at $120,453.22, which represents a 0.86% increase within this time frame.

The trading volume reflects market sentiment, and it is up by 9.12% to $72.96 billion. This indicates that investors are doubling down on the acquisition of the asset before it breaks out in a bullish rally that could set a new ATH if the current momentum lingers.

With the BTC price trading above $120,000, if it finds stability at this level, the coin could make a move on flipping the ATH of $124,400 it set in August 2025.

Why are institutions backing Bitcoin rally?Data shows that institutional buyers are also active, as demand for spot Bitcoin exchange-traded funds (ETFs) has regained momentum. The ETF market recorded $675 million in inflows on Oct. 2, the highest amount since mid-September.

Meanwhile, leading asset manager BlackRock, through its IBIT, has extended its dominance to Bitcoin futures as well. As U.Today reported, BlackRock has accumulated $38 billion in open interest to emerge as the largest venue for Bitcoin options.

It might be that these institutional holders are seeing something retail investors are not. 

Recently, JPMorgan, the banking giant, stated that Bitcoin is undervalued compared to gold. The banking giant believes BTC could soar to $165,000. Time will reveal if Bitcoin has started its journey to such a new peak.
2025-10-03 14:34 3mo ago
2025-10-03 10:22 3mo ago
MELANIA memecoin sinks to $0.18 amid controversy over insider sales cryptonews
MELANIA
The MELANIA token, tied to the US first lady Melania Trump, is in the pits after tanking 98% from its ATH. The token was drowned by criticism over the project’s lack of transparency around fund management. Above all that, the team has not cared to come clean with investors.

The First Lady famously launched the meme coin on the eve of Donald Trump’s presidential inauguration. The token quickly surged, reaching a peak of $13.73 before crashing. Its price never recovered. According to on-chain data, it is down more than 90% from launch and 98% from its all-time high.

Crypto community ask for fund movements amidst MELANIA promotion
US First Lady Melania Trump has returned to promoting her SOL-based meme coin, MELANIA memecoin, after a 10-month absence. Yesterday, she published an AI-generated video that called the token a path “into the future.” 

Into The Future. pic.twitter.com/hTsi5VThiZ

— MelaniaMeme (@TrueMELANIAmeme) October 1, 2025

This sudden move triggered a price spike for the token, causing it to jump from $0.16 to $0.19 before tanking again. However, the post conspicuously lacked any comment from Trump addressing the millions of dollars in token sales earlier this year.

In response to the news, blockchain analysts raised concerns over how the team behind the MELANIA meme coin handled community funds. According to data tracked by Bubblemaps, in April, the MELANIA project moved and sold over $30 million worth of community tokens without explanation. 

It's been 7 MONTHS

And still no explanation from $MELANIA team on why:

• $30M tokens from team wallets were sold
• $10M tokens were removed from the community pool and sold pic.twitter.com/sdRkohekun

— Bubblemaps (@bubblemaps) August 12, 2025

The platform also highlighted that $10 million worth of tokens were removed from community pools and sold. The platform criticized the posting of an AI video after months of silence without addressing fund movements.

In addition, Blockchain intelligence firm Lookonchain identified $1.5 million in token sales over three days leading up to April 28. The sales followed a 21% price increase during the previous week and resembled a dollar-cost averaging pattern, where fixed amounts are liquidated at scheduled intervals.

They used a formula similar to a Dollar-Cost Averaging (DCA) strategy. That is conducting small, staggered sales rather than a single massive dump. This calculated approach allowed the team to offload many of their holdings, generate consistent selling pressure on the token, and mitigate the risk of triggering an immediate, catastrophic price crash.

As a result of these concerns, the coin rally is steady. The coin is up only 0.55% in the last 24 hours, trading at 0.1816. The coin currently has a market cap of $161.2 million.

MELANIA chose the wrong allies
The team behind MELANIA is a no-show. Hayden Davis is one of the co-creators of the MELANIA token alongside other high-profile meme coins during the 2025 cycle. Davis also helped launch the LIBRA token, which collapsed earlier this year when eight insider wallets cashed out $107 million in liquidity. The Libra sell-off wiped out $4 billion in market value within hours.

In March, Davis launched a Wolf of Wall Street-themed token with over 80% insider allocation. That project lost 99% of its value within two days of trading. Analysts said MELANIA struggled to separate itself from these controversies, given overlapping development teams and investor networks.

Unlike MELANIA, TRUMP had more periods of success. The token experienced price surges following key policy announcements. However, the TRUMP token has also faced significant public criticism, primarily driven by accusations of market manipulation. 

The controversy peaked in May when the President invited the top 220 token holders to an exclusive dinner at his Virginia golf club. Critics argued that it was an inappropriate use of public office, especially since the event’s publicity also increased the token’s price. Meanwhile, the coin is steady, trading at $7.74.

Join a premium crypto trading community free for 30 days - normally $100/mo.
2025-10-03 14:34 3mo ago
2025-10-03 10:23 3mo ago
Whale Alert: $448M Moves as Crypto.com Strengthens Solana Infrastructure cryptonews
SOL
Crypto.com has entered into a new partnership with SOL Strategies Inc., a Canadian firm specializing in Solana infrastructure and treasury management. The collaboration, announced on October 2, is designed to strengthen institutional-grade custody while broadening access to enterprise-level validator services. This marks another step in Crypto.com’s efforts to expand its role as a trusted provider for institutional clients managing digital assets.

Custody Expansion and Validator AccessAccording to the press release, under the partnership, SOL Strategies will utilize Crypto.com Custody to safeguard part of its treasury reserves. In return, Crypto.com’s institutional custody clients will gain access to SOL Strategies’ validator network, enhancing staking options for institutions and high-net-worth investors. 

According to Crypto.com’s leadership, public companies with digital asset holdings increasingly require safe and compliant custody solutions alongside reliable validator infrastructure.The move underscores SOL Strategies’ dual role in the Solana ecosystem. 

The company positions itself as both a significant validator provider and an active treasury participant. This diversification strategy allows it to secure assets while also expanding validator accessibility for institutions.

Treasury Shifts Amid Whale TransactionsThe partnership announcement coincided with notable Solana movements flagged by Whale Alert. Data showed 274,560 SOL, worth over $63 million, moved from an unknown wallet to Coinbase Institutional. Another transfer of 1.65 million SOL, valued at $385 million, shifted between undisclosed wallets.

Solana’s Technical Breakout PotentialAlongside institutional developments, Solana’s price action has signaled a renewed uptrend. The token traded near $231, posting a 20% gain in the past week with daily volumes exceeding $9 billion. Analysts suggest critical resistance lies between $250 and $260.

Source: X

Ali Martinez, a crypto market analyst, highlighted $260 as the level that could unlock higher rallies. A weekly close above this point may confirm a breakout toward $280, $320, and even $400. His long-term projection sees Solana potentially reaching $520 if momentum continues.

Key supports remain near $200 and $160. These levels must hold to preserve Solana’s bullish structure. Martinez noted consolidation below resistance is healthy, but a confirmed breakout could accelerate institutional interest.

Structural Shift After Year-Long DowntrendRekt Capital offered a broader perspective on Solana’s technical landscape. He pointed to October’s opening as a turning point, where Solana converted its year-long macro downtrend into support. 

The token had closed the previous month below the descending trendline, initially signaling weakness. However, the immediate recovery flipped that same level into support around $210.

Currently trading above $230, Solana shows strength well beyond the reclaimed level. If buyers sustain momentum, the next resistance between $250 and $260 will be the zone to watch. 

Move above this area could push the market toward $300 and higher. Conversely, dropping below $210 would reintroduce downside pressure, though the larger structure now favors continuation of the uptrend.
2025-10-03 14:34 3mo ago
2025-10-03 10:27 3mo ago
MARA Holdings Produced 736 Bitcoin in September, Holds 52,580 BTC in Treasury cryptonews
BTC
Oct 3, 2025, 2:27 p.m.

MARA Holdings (MARA) produced 736 BTC in September, up 4% from August, and won 218 blocks on the Bitcoin network, the company said in an update on Friday.

The company, which positions itself as both a miner and a bitcoin treasury operation, said it was a BTC net seller during the month, taking note of "digital asset management activities."

STORY CONTINUES BELOW

Public data nevertheless shows that MARA’s bitcoin holdings rose from 50,639 BTC on Aug. 31 to 52,850 on Sept. 30.

MARA remains the second-largest publicly traded corporate bitcoin treasury, falling only behind Strategy’s 640,031 BTC stash.

MARA shares are down marginally in Friday U.S. trade.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report

More For You

Crypto Markets Today: BTC Pressures $120K as Traders Brace for Potential Short Squeeze

2 hours ago

Bitcoin’s battle with $120,000 could set the stage for fresh record highs, as derivatives data shows signs of both bullish conviction and concentrated risk, while altcoins outperform.

What to know:

Futures open interest remains above $32 billion, with basis rates near 8%, but funding divergences across exchanges suggest pockets of aggressive long exposure.Put-call volumes and delta skews signal a moderation of bullish sentiment, pointing to a more balanced and cautious positioning among options traders.With BTC holding its ground, tokens like ETH, SOL, and smaller caps such as ETHFI and CAKE rallied strongly, though select names like MYX took steep losses.Read full story
2025-10-03 14:34 3mo ago
2025-10-03 10:30 3mo ago
XRP Up 1% As It Faces Its Biggest Test Ahead Of ETF Deadline cryptonews
XRP
XRP (CRYPTO: XRP) is up 1.5% on Friday, consolidating within a tightening triangle as investors assessed Ripple's leadership shakeup, Japan's institutional lending push and approaching U.S. ETF deadlines.

XRP Price Squeezes Into Triangle Ahead Of $3 Breakout

XRP Key Technical Levels (Source: TradingView)

XRP is holding near $3.02 after September's volatility repeatedly tested both trendline resistance and ascending support. 

The daily chart shows the token compressing within a symmetrical triangle, with the 200-day EMA at $2.62 and the 20/50 EMA cluster around $2.92–$2.93 acting as key pivots.

A decisive break above $3.15 would confirm a bullish reversal, opening the door to higher levels, while a loss of support at $2.85 risks a move back toward the 200-day EMA.

Exchange Outflows Hint At Quiet XRP Accumulation

XRP Netflows (Source: Coinglass)

On-chain data from Coinglass shows $18.03 million in net outflows on Friday, suggesting traders continue to shift XRP into cold wallets rather than exchanges. 

That trend aligns with the token's ability to hold the $2.90 support zone despite broader volatility.

While netflows have alternated between inflows and outflows through the year, the recent absence of inflow spikes lowers immediate sell pressure and leaves the market more sensitive to a breakout.

Derivatives Market Signals Rising Speculation

XRP Derivative Analysis (Source: Coinglass)

Futures open interest climbed 6.45% to $8.62 billion, its highest since July, with 24-hour trading volume jumping nearly 46% to $8.64 billion. 

Binance's trader ratio shows a heavy tilt toward longs, highlighting optimism for an upside move.

Liquidations totaled $9.12 million in the past day, split evenly between longs and shorts. 

Funding rates remain neutral, which suggests leverage is building without traders being overextended.

Ripple Shakeup And ETF Race Put XRP In Global SpotlightXRP is trading at a rare intersection of market structure and institutional milestones.

Leadership changes at Ripple collide with Japan's SBI Holdings push to embed XRP in institutional lending markets.

At the same time, U.S. regulators face seven spot XRP ETF applications, with the first SEC rulings due on Oct. 18.

These filings, paired with Japan's expansion, highlight how XRP is being positioned across both Eastern finance and Western regulatory pipelines.

Read Next:

How To Trade SPY, Top Tech Stocks Using Technical Analysis
Image Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2025-10-03 13:34 3mo ago
2025-10-03 09:18 3mo ago
Opera's flagship and GX browsers to receive upgraded free, native browser AI tools stocknewsapi
OPRA
, /PRNewswire/ -- Opera [NASDAQ: OPRA], a leading global browser and AI agent company, today announced its upcoming browser-AI upgrades to its free browser portfolio that will complement its premium Opera Neon AI browser for advanced users.

Opera is a browser expert with more than 30 years of experience in building superior products actively chosen by hundreds of millions of monthly active users. Over the past years, Opera has combined accelerating revenue growth and healthy profitability, with rapidly expanding browser AI capabilities at no charge to its users.

Since the launch of Aria in May 2023, Opera browser users have had access to Opera's free AI assistant. Aria is powered by OpenAI's GPT models and Google's Gemini models directly inside Opera One, Opera GX, Opera Air, Opera browsers on Android and iOS, as well as in Opera Mini.

Over the next weeks, Opera will be launching new versions of its flagship browsers with an upgraded free browser AI, which will bring faster models, better browser integration, higher usage limits as well as access to open source local models.

This week, Opera started shipping its new, premium offering: the new Opera Neon browser. While Aria offers everyday AI support to hundreds of millions of Opera users, Opera Neon is built around agentic AI, which allows AI power-users to move beyond basic AI capabilities and use Opera Neon to work on complex projects with them. This means users can now delegate certain tasks to the browser. The Tasks feature allows them to work on multiple projects in parallel, with the AI agents operating within the context of each task. Opera Neon navigates the web on its users' behalf - checking multiple sites, filling out forms, as well as helping with research and automation of repetitive tasks. The new agentic Opera Neon browser is now rolling out to the large number of people who joined the waitlist.

"Our users already have access to free AI built directly into their browsers. That AI is about to get a powerful upgrade. Should they need more advanced capabilities like agentic browsing and task delegation, the premium Opera Neon product offers them a seamless upgrade path. With years of browser expertise and proven monetization methods, we can sustainably deliver both free AI for hundreds of millions of users as well as premium agentic experiences for power users," said Krystian Kolondra, EVP Browsers.

Opera's two-tier approach ensures that every user can access AI in the way that fits them best: everyday AI built into Opera's free browsers, and the Opera Neon browser for those who want a premium AI-powered browsing experience.

About Opera
Opera is a user-centric and innovative software company focused on enabling the best possible internet browsing experience across all devices. Hundreds of millions use Opera web browsers for their unique and secure features on mobile phones and desktop computers. Founded in 1995 and headquartered in Oslo, Norway, Opera is a public company listed on the Nasdaq stock exchange under the ticker symbol OPRA. Download the Opera web browsers and other Opera products from opera.com. Learn more about Opera at investor.opera.com.

SOURCE Opera Limited

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In
2025-10-03 13:34 3mo ago
2025-10-03 09:18 3mo ago
EMCOR Group, Inc. Declares Regular Quarterly Dividend stocknewsapi
EME
-

NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on October 30, 2025 to stockholders of record as of October 15, 2025.

EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company’s Website at www.emcorgroup.com.

More News From EMCOR Group, Inc.

Back to Newsroom
2025-10-03 13:34 3mo ago
2025-10-03 09:20 3mo ago
MSCI Schedules Earnings Call to Review Third Quarter 2025 Results stocknewsapi
MSCI
-

NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that it will release its results for the third quarter 2025 on Tuesday, October 28, 2025, before the market opens. A copy of the earnings release, as well as an earnings presentation and a quarterly update, will be made available on MSCI’s Investor Relations website.

MSCI’s senior management will review the third quarter 2025 results on Tuesday, October 28, 2025, at 11:00 AM Eastern Time. To listen to the live event via webcast, visit the events and presentations section of MSCI’s Investor Relations website, https://ir.msci.com/events-and-presentations. Participants who wish to join via telephone should click here to register in advance. Registered participants will receive an email confirmation with a unique PIN to access the conference call. The earnings call webcast will include an accompanying slide presentation that can be accessed through MSCI’s Investor Relations website.

An archived replay of the webcast also will be available shortly after the live event on MSCI’s Investor Relations website, https://ir.msci.com/events-and-presentations.

About MSCI Inc.

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading, research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.

To learn more, please visit www.msci.com. MSCI#IR

More News From MSCI Inc.

Back to Newsroom
2025-10-03 13:34 3mo ago
2025-10-03 09:20 3mo ago
Midnight Sun Mining increases 'bought deal' LIFE offering to C$17.5M stocknewsapi
MDNGF
Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) reported that it has amended the terms of its previously announced “bought deal” Listed Issuer Financing Exemption (LIFE) offering and private placement financing to increase the size of the offering to C$17.5 million.  

The exploration company said net proceeds from the sale will be used by for advancing exploration across the company’s Zambian exploration projects and for working capital and general corporate purposes.    

Under the terms of the upsized offering, Haywood Securities, as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters including Beacon Securities, Red Cloud Securities, and SCP Resource Finance LP, has agreed to purchase, on a "bought deal" basis, 12,963,000 company units at a price per unit of C$1.35. 

Each unit will consist of one company common share plus one-half of one common share purchase warrant, with each warrant entitling the holder to acquire one Midnight Sun Mining common share at a price per warrant share of C$2.00 for a period of 24 months from the closing date.   

The company has also agreed to grant the underwriters an option to purchase up to an additional 15% of the offering at the issue price for further gross proceeds to the company of up to C$2,625,007.50.   

As well, Midnight Sun Mining has agreed to pay the underwriters a cash commission equal to 6.0% of the gross proceeds from the offering and issue to the underwriters transferable compensation options entitling the underwriters to purchase up to that number of common shares as is equal to 6.0% of the total number of units sold under the offering at a price per such common share that is equal to the issue price for a period of 24 months from the closing date of the offering.  

The units to be issued under the offering pursuant to the LIFE Exemption will be offered to purchasers in each of the provinces of Canada, except Québec.  

The offering is expected to close on or about October 28, 2025, and units issued as part of the offering will be subject to a hold period in Canada expiring four months and one day from the offering’s closing date.
2025-10-03 13:34 3mo ago
2025-10-03 09:21 3mo ago
Beyond Tesla: Why GM and Ford Heavy ETFs Could Be Safer Bets Now? stocknewsapi
F GM
Electric vehicle (EV) giant Tesla ((TSLA - Free Report) ) made a stunning comeback recently, with its third-quarter 2025 delivery numbers surging 7% year over year, comfortably surpassing the weak performance of the previous two quarters. However, this record delivery, which smashed past the market consensus of around 447,600 deliveries, according to estimates compiled by FactSet (as reported by CNBC), was largely driven by the U.S. federal EV subsidy, which expired in September and prompted a rush of buyers hoping to capture the $7,500 tax credit.

This suggests that the impressive third-quarter figures are not exactly indicative of the underlying demand picture for Tesla-made EVs, which still remains uncertain, and thus do not guarantee sustainable organic growth for the company, especially in the absence of the EV incentive. To this end, it is imperative to mention that the company’s CEO, Elon Musk, warned of potential turbulence for Tesla during its second-quarter 2025 earnings call in July, specifically noting that, with the expiration of U.S. federal EV tax credits in September, the company "could probably face a few rough quarters."

Thus, for investors in Tesla-heavy exchange-traded funds (ETFs) like the Simplify Volt TSLA Revolution ETF ((TESL - Free Report) ), T-REX 2X Long Tesla Daily Target ETF ((TSLT - Free Report) ), and Roundhill TSLA WeeklyPay ETF ((TSLW - Free Report) ), the next few months may not bode well as the market adjusts to a post-subsidy reality.

Beyond TeslaIn addition to the expiration of the federal EV subsidy expected to cause a potential demand cliff in North America, other key challenges that Tesla has been facing lately include fierce competition (especially from Chinese EV makers like BYD), as well as the ongoing need to manage expectations for its high-risk, high-reward ventures like Full Self-Driving and the Optimus humanoid robot.

Amid this backdrop, investors may find better value and stability in ETFs that focus on legacy automakers such as General Motors ((GM - Free Report) ) and Ford Motor ((F - Free Report) ). There are two primary reasons that might attract investors to this shift in focus.

First, while Tesla is heavily concentrated on EVs, GM and F have established, long-running operations across the entire automobile market. This diversification allows them to leverage profitable segments like internal combustion engine vehicles and hybrids to weather volatility in pure EV demand. Second, their decades of operation have endowed them with a more robust and mature international presence, including extensive supply chains and manufacturing footprints, making them less vulnerable to regional market fluctuations than a relatively younger company like Tesla.

Also, financially, while their growth may be slower, they offer lower valuations (price-to-earnings ratios) and generally lower volatility compared to Tesla, as their non-EV profits help stabilize results. This positions them to weather the anticipated post-subsidy EV market softening better.

3 ETFs to WatchBased on the above discussion, investors seeking exposure to the auto sector with reduced single-stock risk may consider adding the following ETFs, which are heavily invested in legacy automakers, to their watchlist.

Invesco S&P 500 Pure Value ETF ((RPV - Free Report) )

This fund offers exposure to companies from the S&P 500 Index that exhibit strong "value" characteristics. Its top five holdings include General Motors (2.94%) and Ford Motor (2.88%), and it does not include TSLA in its net assets.

RPV surged a solid 18.6% in the past six months. The fund charges 35 basis points (bps) as fees.

iShares U.S. Manufacturing ETF ((MADE - Free Report) )

This fund provides exposure to U.S. manufacturing companies across the economy, including consumer cyclicals, technology, auto makers, and defense contractors, among others. General Motors (3.84%) and Ford Motor (3.15%) have weightage in its top 10 holdings. This fund does not include TSLA in its net assets.

MADE soared 41% in the past six months. The fund charges 40 bps as fees.

Pacer US Cash Cows 100 ETF ((COWZ - Free Report) )

This fund offers exposure to large and mid-capitalization U.S. companies with high free cash flow yields. While GM or TSLA are not part of this fund, Ford (2.05%) has been one of the top 10 holdings in this ETF because of its solid cash flow metrics.

COWZ soared 17.4% in the past six months. The fund charges 49 bps as fees.
2025-10-03 13:34 3mo ago
2025-10-03 09:21 3mo ago
Space Exploration ETF (ARKX) Hits New 52-Week High stocknewsapi
ARKX
For investors seeking momentum, ARK Space Exploration & Innovation ETF ((ARKX - Free Report) ) is probably on the radar. The fund just hit a 52-week high and soared 97.4% from its 52-week low of $15.07 per share.

Are more gains in store for this ETF? Let’s briefly examine the fund and its near-term outlook to gain a better understanding of where it might be headed:

ARKX in Focus This is an actively managed Exchange-Traded Fund (ETF) that seeks long-term capital growth by primarily investing in domestic and foreign equity securities of companies engaged in the fund’s investment theme of space exploration and innovation. ARKX ETF charges 75 basis points (bps) in annual fees (see: all the Industries ETFs here).

What Led to the Surge?Surging demand for satellite constellations, amid increasing need for reliable access to space to support telecommunications, Earth observation, and national security missions, combined with rapidly accelerating government and corporate investments in space exploration and innovations, can be expected to have driven the upside in space stocks and thereby ETFs like ARKX.

More Gains Ahead?ARKX may remain strong, given its positive weighted alpha of 88.73 (per barchart.com). The ETF still offers some potential for investors seeking to benefit from its surge.
2025-10-03 13:34 3mo ago
2025-10-03 09:23 3mo ago
3 Top Marijuana Stocks For Profits In The Sector stocknewsapi
AYRWF CNTMF VRNOF
These Marijuana Stocks Are The Winner Investors Speak On

2 minute read

Here Are Marijuana Stocks To Watch In This Momentum Swing
The outlier to seeing better trading for marijuana stocks falls under several categories. First, reform measures and state-level regulatory and tax issues should be addressed in the interest in small and more mom-and-pop cannabis companies. Yet, the big boys of the game are looking to dominate each market through MSOs and ancillary services. In fact, the ancillary market does better at times than selling actual cannabis flower.

Companies like Grow Generation, which specialize in selling cultivation equipment. But what is pushing the needle for all these companies is changing laws and working to establish a stronger foundation for a better foot forward. Investors are thinking the same way, as they see most stocks as long-term investments. The success, growth, and power of all legal markets show more proof of concept.

There is a worldwide community of cannabis users who want the best at affordable prices. So companies are building and working through this legal landscape to meet these consumer demands. If companies can continue to show profits are being made as a business, it offers more hope that things will ultimately resonate into better trading. For now, many are starting, taking what profits can be made in recent momentum shifts for the cannabis stock market. Below are several marijuana stocks to watch this month.

Top Marijuana Stocks For Investors Today

FLUENT Corp. (OTC:CNTMF)
Ayr Wellness Inc. (OTC:AYRWF)
Verano Holdings Corp. (OTC:VRNOF)

FLUENT Corp.
FLUENT Corp., through its subsidiaries, cultivates, manufactures, processes, distributes, and sells medical cannabis products for medical and adult-use markets in Florida, New York, Pennsylvania, and Texas. 

In the most recent news, the company announced a private placement financing. The Offering is being completed solely with the Company’s new Interim Chief Executive Officer, David Vautrin, in connection with his employment agreement with the Company.

Ayr Wellness Inc.
Ayr Wellness Inc. cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. 

Back on September 12th, the company announced it had filed its unaudited interim condensed consolidated financial statements for Q1 2025.

[Read More] 3 Marijuana Stocks To Buy In 2025 While The Sector Rebuilds

Verano Holdings Corp.
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. At the start of October, the company announced it had secured a $75,000,000 revolving credit facility.

[Read More] 3 Marijuana Penny Stocks Poised for Growth in the Expanding U.S. Cannabis Market

Words From The Company
“Closing the $75 million revolving credit facility demonstrates our focus on fortifying the balance sheet, accessing lower cost debt, and leveraging our owned real estate to strengthen our foundation and position Verano to take advantage of future opportunities,” said George Archos, Verano founder and Chief Executive Officer.”

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | [email protected]
2025-10-03 13:34 3mo ago
2025-10-03 09:24 3mo ago
The Trade Desk: The Pummeling Has Gone Too Far, Buy The Dip stocknewsapi
TTD
Analyst’s Disclosure:I/we have a beneficial long position in the shares of TTD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-03 13:34 3mo ago
2025-10-03 09:25 3mo ago
Merit Medical Systems to Announce Third Quarter 2025 Results on October 30, 2025 stocknewsapi
MMSI
October 03, 2025 09:25 ET

 | Source:

Merit Medical Systems, Inc.

SOUTH JORDAN, Utah, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, announced today that it will release its financial results for the quarter ended September 30, 2025, after the close of the stock market on Thursday, October 30, 2025. Merit plans to hold its investor conference call on the same day (Thursday, October 30, 2025) at 5:00 p.m. Eastern (4:00 p.m. Central, 3:00 p.m. Mountain, and 2:00 p.m. Pacific).

To access the conference call, please pre-register using the following link. Registrants will receive confirmation with dial-in details.

A live webcast and slide deck can be accessed using this link. A link to both register for the conference call and view the webcast will be made available at www.merit.com.

ABOUT MERIT

Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy. Merit serves customers worldwide with a domestic and international sales force and clinical support team totaling more than 800 individuals. Merit employs approximately 7,400 people worldwide.

Contacts: PR/Media Inquiries:Investor Inquiries:Sarah ComstockMike Piccinino, CFA, IRCMerit MedicalICR Healthcare+1-801-432-2864+1-443-213-0509sarah.comstock@[email protected]
2025-10-03 13:34 3mo ago
2025-10-03 09:25 3mo ago
Renegade Gold Expands Red Lake Land Package to 94,000 ha with Acquisition of BobJo and Keystone Properties; Announces Share Consolidation stocknewsapi
TGLDF
October 03, 2025 9:25 AM EDT | Source: Renegade Gold Inc.
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2025) - Renegade Gold Inc. (TSXV: RAGE) (OTCQB: TGLDF) (FSE: 070) ("Renegade" or the "Company") is pleased to announce it has entered into a purchase agreement dated October 2, 2025 (the "BobJo Agreement") to acquire the BobJo Property, covering 65 ha of nine patented claims, and an option agreement dated October 2, 2025 (the "Keystone Agreement") to acquire the Keystone Property, covering 4,320 ha of 212 unpatented single-cell claims, in the Red Lake Mining District, Ontario. With the addition of these properties, Renegade's consolidated land position in Red Lake now totals approximately 94,000 ha, one of the largest exploration portfolios in the district.

The BobJo Property will be advanced as part of the Company's Confederation Project, while the Keystone Property expands Renegade's contiguous holdings between Red Lake Main, Gullrock, and Confederation properties, further strengthening the Company's position across both the Red Lake and Confederation greenstone belts.

Devin Pickell, President and CEO for Renegade, commented, "The Keystone Property represents a strategic stretch of the Confederation unit that connects our core Red Lake land with our vast Confederation Belt holdings. This 15 km corridor begins near Red Lake at the Balmer-Confederation contact and extends eastward along highly favorable structural targets and mafic-felsic contacts which are key to recent Red Lake discoveries. The Keystone Property provides an excellent bridge between Red Lake and the Birch-Uchi Confederation belt while also allowing for more efficient claim management.

The addition of BobJo comes at an exciting time as we renew our focus on building a strong pipeline of exploration targets within the Confederation Project. This property lies fully inside of our existing land position, and the historical presence of high-grade gold mineralization is extremely encouraging. We look forward to solidifying our exploration models and advancing new drill targets in this area."

Figure 1. Location of the BobJo and Keystone Properties in the Red Lake Mining District, Ontario.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9850/269025_cfcaf64c74542ac1_001full.jpg

About the BobJo Property

The BobJo Property consists of nine patented mining claims covering approximately 65 ha within the Birch-Uchi greenstone belt, east of Red Lake, Ontario. The property is contiguous with Renegade's Confederation Project, providing a strategic addition to the Company's consolidated land position in the district.

The surrounding area has a long history of production from both base metal and gold deposits including: the South Bay Mine, which produced 1.5 million tonnes at 1.8% copper, 11.06% zinc and 73 g/t silver over its 13-year mine life.1 The Grassett, Uchi, Hanalda and Jalda Mines also reported combined production output of 757,000 tonnes at 5.14 g/t gold,2 with the Grasset Mine alone producing 78,000 tonnes at 7.54 g/t gold.3

Exploration at BobJo dates back to the 1920's, when a shaft and small-scale mining activity were developed. Modern exploration includes a 2007 drilling program comprising 28 holes totalling 5,700 m, which returned multiple high-grade intercepts such as:

6.53 g/t Au over 8.3 m (BJ07-01)123.6 g/t Au over 2.1 m (BJ07-14)20.8 g/t Au over 1.1 m and 29.0 g/t Au over 0.3 m (BJ07-06)5

Figure 2. The BobJo property with surrounding historical mines within the Birch-Uchi greenstone belt. Past production in the area includes the South Bay and Grasset Mines, highlighting the prospective nature of the property for high-grade gold and base metal mineralization. See "Disclaimer Regarding Other Projects" below.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9850/269025_cfcaf64c74542ac1_002full.jpg

About the Keystone Property

The Keystone Property consists of 212 unpatented single-cell mining claims covering approximately 4,320 ha. The property is strategically located between Renegade's Red Lake Main, Gullrock, and Confederation properties and is contiguous with the Company's existing land holdings, consolidating a district-scale land package across the Red Lake and Confederation greenstone belts.

Keystone is underlain by felsic volcanic and intrusive rocks of the Confederation assemblage and is considered prospective ground for volcanogenic massive sulfide (VMS) and orogenic gold deposits.

With its large contiguous footprint and favourable geology. Keystone represents a compelling addition to Renegade's Red Lake portfolio, complementing the high-grade potential at BobJo and enhancing the Company's pipeline of exploration targets.

Terms of BobJo Agreement

Pursuant to terms of the BobJo Agreement, the Company must issue to the vendor 750,000 post-Consolidation (defined below) common shares within five business day of receipt of TSX Venture Exchange ("TSXV") approval of the BobJo Agreement.

Terms of Keystone Agreement

Pursuant to the terms of the Keystone Agreement, the Company has the option to acquire the Keystone Property by issuing a total of 3,000,000 post-Consolidated common shares and paying $150,000 in cash to the optionor as follows:

(a) issue 1,500,000 post-Consolidation common shares within five business days of receipt of TSXV approval of the Keystone Agreement; and

(b) on or before the first anniversary of TSXV approval, issue an additional 1,500,000 post-Consolidation common shares and pay $150,000 in cash.

The optionor will retain a 2% net smelter returns royalty, half of which can be purchased by the Company for the payment of $500,000.

Completion of the transactions under the BobJo Agreement and the Keystone Agreement remain subject to approval of the TSXV. No finders' fees are payable with respect to the transactions.

Common Share Consolidation

The Board of Directors of the Company has recommended and authorized a consolidation of the Company's outstanding common shares on the basis of three (3) pre-consolidation common shares for one (1) post-consolidation common share (the "Consolidation"). The Consolidation remains subject to TSXV approval. The effective date and further details of the Consolidation will be disclosed in a subsequent news release following receipt of all requisite approvals.

Qualified Person

The technical content of this news release has been reviewed and approved by Dale Ginn, P.Geo., the Executive Chair and director of the Company and a Qualified Person pursuant to National Instrument 43-101.

Disclaimer Regarding Other Projects
The information provided herein regarding adjacent properties, including, without limitation, the Grassett, Uchi, Hanalda and Jalda Mines, is not necessarily indicative of the mineralization on the property portfolio being acquired by the Company, including the BobJo and Keystone properties, or the Company's other properties. The Qualified Person has not verified the information concerning the adjacent properties, and there is no certainty that the same results or mineralization will be obtained on the property portfolio being acquired by the Company or the Company's other properties.

1 Ontario Mineral Inventory Record MDI52N02SE00012: South Bay Mine, South Bay, Selco Prospect

2 Ontario Mineral Inventory Record MDI52N02SE00002: Uchi (Hanalda), Hanalda, Kenelda, Uchi No. 3 Shaft

3 Ontario Mineral Inventory Record MDI52N02SE00009: Grassett, Uchi (Grasett)

4 Ontario Mineral Inventory Record MDI52N02SE00011: Bobjo, New York Oils

5Archibald, J.C. (2007): Diamond Drilling Report on the BobJo Mine Property for Mainstream Minerals Corporation and King's Bay Gold Corporation Ltd.; Assessment Report 20000003525

About Renegade Gold Inc.

Renegade Gold Inc. is a growth focused company engaged in the business of acquisition, exploration and development of mineral properties located in the Red Lake Mining District of Northern Ontario. As part of its regional-scale consolidation strategy, the Company has assembled one of the largest prospective land packages in and around the Red Lake mining district in proximity to major mines and deposits, as well as along the Confederation Lake and Birch-Uchi greenstone belts. The 94,000-hectare prospective and diversified exploration portfolio has significant potential for gold and critical minerals on trend with the major structures hosting known gold occurrences in the Red Lake mining district today, though mineralization elsewhere in the Red Lake mining district is not necessarily indicative of the mineral potential at the Company's properties.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note regarding Forward-Looking Statements

Statements contained in this press release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. The words "anticipate," "significant," "expect," "may," "will" and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-looking statements in this press release include, without limitation, statements related to: the closing of the transactions contemplated by the BobJo Agreement and Keystone Agreement; the Company making all payments under the BobJo Agreement and Keystone Agreement necessary for the Company to acquire the properties; the proposed Consolidation; TSXV approval of the BobJo Agreement, Keystone Agreement, and the Consolidation; details about potential mineralization; and the exploration potential of the BobJo and Keystone properties and the Company's other mineral projects. Forward-Looking Information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, assumptions that general business and economic conditions will not change in a materially adverse manner and all requisite information will be available in a timely manner. Factors that may cause actual results to vary materially include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, currency fluctuations, unanticipated operational or technical difficulties, risks related to unforeseen delays; general economic, market or business conditions, regulatory changes; timeliness of regulatory approvals, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this Forward-Looking Information. The Company does not assume the obligation to revise or update this Forward-Looking Information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269025
2025-10-03 13:34 3mo ago
2025-10-03 09:25 3mo ago
OpenAI's invite-only video generation app Sora tops Apple's App Store stocknewsapi
AAPL
OpenAI now has two of the top three free apps in Apple's App Store, and its new video generation app Sora has snagged the coveted No. 1 spot.

The artificial intelligence startup launched Sora on Tuesday, and it allows users to generate short-form AI videos, remix videos created by other users and post them to a shared feed. Sora is only available on iOS devices and is invite-based, which means users need a code to access it.

Despite these restrictions, Sora has secured the top spot in the App Store, ahead of Google's Gemini and OpenAI's generative chatbot ChatGPT.

"It's been epic to see what the collective creativity of humanity is capable of so far," Bill Peebles, head of Sora at OpenAI, wrote in a post on X on Friday. "Team is iterating fast and listening to feedback."

Read more CNBC tech newsOpenAI wraps $6.6 billion share sale at $500 billion valuationTokenization of real world assets is an unstoppable 'freight train' coming to major markets: Robinhood CEOTaiwan rejects U.S. proposal for '50-50′ chip production, says trade talks focused on tariffsNASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdownSora is powered by OpenAI's latest video and audio generation model called Sora 2. OpenAI said the model is capable of creating scenes and sounds with "a high degree of realism," according to a blog post. The startup's first video and audio generation model, Sora, was announced in February 2024.

OpenAI said it has taken steps to address potential safety concerns around the Sora app, including giving users explicit control over how their likeness is used on the platform. But some of the initial videos posted to the app, including one that depicts OpenAI CEO Sam Altman shoplifting, have sparked debates about its utility, potential for harm and legality.

"It is easy to imagine the degenerate case of AI video generation that ends up with us all being sucked into an RL-optimized slop feed," Altman wrote in a post on X on Tuesday. "The team has put great care and thought into trying to figure out how to make a delightful product that doesn't fall into that trap, and has come up with a number of promising ideas."

watch now
2025-10-03 13:34 3mo ago
2025-10-03 09:26 3mo ago
Can Howmet Sustain Growth as Commercial Aerospace Demand Surges? stocknewsapi
HWM
Key Takeaways Commercial aerospace sales rose 8% in Q2 2025, making up more than half of Howmet's revenues.Engine Products segment grew 13.2% in Q2, boosted by new aircraft and rising spare engine demand.Recovery at Boeing and strong Airbus build rates are set to support HWM's future demand momentum.
The strongest driver of Howmet Aerospace Inc.’s (HWM - Free Report) business at the moment is the commercial aerospace market. Revenues from the market increased 8% year over year in the second quarter of 2025, constituting more than half of its business. Also, in the first quarter, revenues from this market increased 9%. The sustained strength was driven by new, more fuel-efficient aircraft with reduced carbon emissions and increased spare demand for engines. This significantly boosted Howmet’s Engine Products segment’s performance, which reported a 13.2% year-over-year revenue increase in the second quarter.

Boeing is also anticipated to witness a gradual production recovery, particularly in the 737 MAX aircraft, which is likely to boost demand for Howmet’s products in the market. Also, healthy build rates at Airbus for the A320/321 aircraft hold promise for HWM’s engine spares demand. With commercial aircraft programs expected to continue benefiting from the strength in air travel, HWM is poised to maintain strong demand momentum in the quarters ahead.

While the commercial aerospace market has been the major driver, the defense side of the industry has also not lagged behind, supported by steady government support. Strong demand for engine spares, particularly for the F-35 program and robust military budgets, is fueling strong growth in this market.

HWM’s Peers in the Commercial Aerospace MarketAmong its major peers, RTX Corporation (RTX - Free Report) is witnessing solid momentum in the commercial aerospace market, with growth in both aftermarket and OEM verticals. RTX reported 9% sales growth in the second quarter, driven by persistent strength in the Collins Aerospace and Pratt & Whitney segments. Rising aircraft utilization and demand for sustainable technologies are supporting RTX Corp.’s growth.

Improving commercial air passenger traffic has been benefiting Textron Inc.’s (TXT - Free Report) Aviation business unit. Strong fleet utilization, backed by improving commercial air travel, contributed to Textron Aviation unit’s revenue growth of 2.8% in the second quarter. Thanks to growing air travel, Textron has also been witnessing strong order activity, which resulted in a backlog of $7.85 billion for the Aviation segment.

HWM's Price Performance, Valuation and EstimatesShares of Howmet have surged 89.7% in the past year compared with the industry’s growth of 22.5%.

Image Source: Zacks Investment Research

From a valuation standpoint, HWM is trading at a forward price-to-earnings ratio of 46.53X, above the industry’s average of 28.86X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for HWM’s earnings has been on the rise over the past 60 days.

Image Source: Zacks Investment Research

The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
2025-10-03 13:34 3mo ago
2025-10-03 09:26 3mo ago
3 Industrial Services Stocks to Buy as Industry Prospects Improve stocknewsapi
FAST MSM SCSC
The near-term outlook for the Zacks Industrial Services industry appears encouraging, supported by rising e-commerce activity and a recent uptick in the production index. Industry participants are focused on strategic pricing, cost-reduction initiatives and enhancing productivity and efficiency to boost margins.

Companies such as Fastenal (FAST - Free Report) , MSC Industrial Direct Co., Inc. (MSM - Free Report) and ScanSource (SCSC - Free Report) are well-positioned to benefit from these trends. They are actively cutting costs, improving operational efficiency and investing in automation and digitization, moves that are expected to drive sustainable growth and strengthen their market position in the coming quarters.

Industry Description
The Zacks Industrial Services industry comprises companies that provide industrial equipment products and MRO (maintenance, repair and operations) services. It includes routine maintenance, emergency maintenance and spare part inventory control, which keep a facility and its equipment in good operating condition. Industry participants serve a wide array of customers, ranging from commercial, government and healthcare to manufacturing. The industry's products (power tools, hand tools, cutting fluids, lubricants, personal protective equipment and consumables) are utilized in production and plant maintenance but are not directly related to customers’ core products or services. These companies reduce MRO supply-chain costs and improve customers' plant floor productivity by offering inventory management and process and procurement solutions.

Trends Shaping the Future of the Industrial Services Industry
E-Commerce to be a Growth Driver: MRO demand is significantly impacted by the evolution of e-commerce. Customer demand for highly tailored solutions, with real-time access to information and rapid delivery of products, is rising. Customers want to execute their business activities in the most efficient way possible, which often means online. E-commerce is expected to surge due to rising Internet penetration, widespread smartphone adoption and the convenience of online shopping. Additionally, advancements in digital payments, logistics and personalization are making the online shopping experience faster, safer and more customer-centric. To capitalize on this trend, industrial service companies are heavily investing in improving their digital capabilities and increasing their e-commerce share.

Production Index Enters Expansion Territory:  The manufacturing sector contributes around 70% to the industry's revenues. The Institute for Supply Management’s manufacturing index has been in contraction for the past seven months and registered 49.1% in September. It, however, marked a slight increase from the 48.7% in August. The Production Index entered expansion territory again (after contracting in August), registering 51%. Notably, the index had been above 50% (indicating expansion) in June and July. This looks promising for the industry. 

Pricing Actions to Combat High Costs: The industry has been experiencing significant inflation levels, including higher prices for labor, freight and fuel. The companies are witnessing labor shortages for some positions and incurring steep labor costs to meet demand. The imposition of tariffs and retaliatory tariffs will also heighten costs for the industry.  Industry players are focusing on pricing actions, cost-cutting measures, efforts to improve productivity and efficiency and the diversification of the supplier base to mitigate some of these headwinds.

Zacks Industry Rank Indicates Bright Prospects
The group’s Zacks Industry Rank, basically the average of the Zacks Rank of all the member stocks, indicates encouraging prospects in the near term. The Zacks Industrial Services Industry, a 19-stock group within the broader Zacks Industrial Products sector, currently carries a Zacks Industry Rank #77, which places it in the top 31% of 245 Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.

Before we present a few Industrial services stocks that investors can add to their portfolio, it is worth taking a look at the industry’s stock-market performance and its valuation picture.

Industry Vs S&P 500 & Sector
The Industrial Services industry has outperformed its sector but lagged the Zacks S&P 500 composite over the past year. Over this period, the industry has grown 6.5% compared with the sector’s rise of 5.1%. The Zacks S&P 500 composite has moved up 18.9%.

One-Year Price PerformanceIndustry's Current Valuation
On the basis of the forward 12-month EV/EBITDA ratio, a commonly used multiple for valuing Industrial Services companies, we see that the industry is currently trading at 36.39X compared with the S&P 500’s 18.64X and the Industrial Products sector’s forward 12-month EV/EBITDA of 19.85X. This is shown in the charts below.

Enterprise Value/EBITDA (EV/EBITDA) TTM Ratio

Enterprise Value/EBITDA (EV/EBITDA) TTM Ratio

Over the last five years, the industry traded as high as 40.32X and as low as 24.34X, the median being 33.79X.

3 Industrial Services Stocks to Buy
ScanSource: The company recently announced a new resale relationship with Zoom Communications, Inc., which provides ScanSource partners with greater flexibility to deliver cloud-based collaboration technology solutions. Despite cautious technology spending weighing on revenues, the company’s shifting business mix, operational execution and cost-saving efforts have been driving stronger margins and cash flow. Debt reduction, shareholder returns and strategic acquisitions remain key priorities. Acquisitions of Resourcive and Advantix have been accretive to fiscal 2025 earnings. Resourcive delivers strategic IT sourcing solutions to the mid-market and enterprise businesses, while Advantix specializes in wireless enablement solutions. Looking ahead, the company maintains a strong acquisition pipeline and intends to pursue strategic investments in fiscal 2026 to accelerate growth and drive margin expansion. SCSC shares have appreciated 44.8% in the past six months.

The Zacks Consensus Estimate for Greenville, SC-based ScanSource’s fiscal 2025 earnings has moved north by 7.9% in the past 90 days. The consensus mark indicates year-over-year growth of 11%. SCSC has a long-term estimated earnings growth rate of 15% and currently sports a Zacks Rank #1 (Strong Buy).

You can see the complete list of today’s Zacks #1 Rank stocks here.

Price & Consensus: SCSC
 

Fastenal:  The company is benefiting from steady daily sales growth, improved customer contract signings and leverage from its focus on eBusiness and Digital Footprint. In the second quarter of 2025, daily eBusiness sales rose 13.5%. Sales through Digital Footprint were 61% of total sales compared with 59.4% in the year-ago quarter. The company aims to lift its share from Digital Footprint further to 63-64% in 2025. Fastenal is also making concerted efforts to control costs and offset cost inflation, particularly in container and transportation costs. The strategies for the same include automating warehouses, increasing delivery efficiency through its trucking network and selling more private-label products with higher margins. This will aid the company to improve its efficiency and also boost margins. The company’s shares have gained 29.5% in the past six months.

The Zacks Consensus Estimate for the Winona, MN-based company’s fiscal 2025 earnings has moved up 1.8% in the past 90 days. The consensus mark indicates year-over-year growth of 11%. FAST has a long-term estimated earnings growth rate of 9.9% and currently carries a Zacks Rank #2 (Buy).

Price & Consensus: FAST

MSC Industrial: The company recently indicated that, supported by stronger-than-expected average daily sales in June and July, it expects fiscal fourth-quarter results (ended Aug. 31, 2025) to land in the upper half of its guided range. MSM had projected average daily sales growth between a decline of 0.5% and an increase of 1.5%, with an adjusted operating margin of 8.5–9%. In the prior fiscal third quarter, management highlighted positive trends, including sequential improvement among core customers, momentum in high-touch solutions and a growing productivity pipeline. Looking ahead, the company remains committed to its long-term goals of delivering growth at least 400 basis points above the IP Index and expanding operating margins to the mid-teens. To support these objectives, MSM continues to pursue strategic acquisitions aimed at strengthening its offerings and expanding into new and existing markets. MSC Industrial’s shares have gained 29.2% in the past six months.

The Zacks Consensus Estimate for Melville, NY-based MSM’s 2025 earnings has moved up 0.5% in the past 90 days. The company has a trailing four-quarter earnings surprise of 5.98% on average. It currently carries a Zacks Rank of 2.

Price & Consensus: MSM
2025-10-03 13:34 3mo ago
2025-10-03 09:26 3mo ago
D or EXC: Which Is a Better-Positioned Electric Power Stock? stocknewsapi
D EXC
D and EXC work efficiently and continue to provide reliable services to their expanding customer base.
2025-10-03 13:34 3mo ago
2025-10-03 09:26 3mo ago
ANGO Stock Gains Following Q1 Earnings Beat, Gross Margin Improves stocknewsapi
ANGO
Key Takeaways ANGO's Q1 loss per share of 10 cents beat estimates and improved from last year.ANGO's Q1 revenues rose 12.2% to $75.7M, led by 26.1% growth in the Med Tech segment.ANGO raised FY26 sales outlook to $308-$313M on strong Med Tech performance.
AngioDynamics, Inc. (ANGO - Free Report) reported a pro-forma adjusted loss per share of 10 cents for first-quarter fiscal 2026, marking an improvement from the year-ago quarter’s adjusted loss of 11 cents. The Zacks Consensus Estimate for the metric was pegged at a loss of 14 cents.

Pro-forma basis excludes the divested Dialysis and BioSentry businesses, the divested PICC and Midline product portfolios and the discontinued Radiofrequency and Syntrax products.

On a pro-forma basis, the fiscal first-quarter GAAP loss per share was 26 cents, reflecting an improvement from the year-ago quarter’s loss of 32 cents.

ANGO’s Revenue DetailsPro-forma revenues in the fiscal first quarter totaled $75.7 million, up 12.2% year over year on a reported basis. The top line outpaced the Zacks Consensus Estimate by 4.8%.

The company continued to see strong contributions from its Med Tech (which includes the Auryon peripheral atherectomy platform, the thrombus management platform and the NanoKnife irreversible electroporation platform) and Med Device businesses during the quarter.

Shares of this company gained nearly 6% in yesterday’s trading. Share of ANGO have gained 27.5% so far this year against the industry's decline of 8.7%. The S&P 500 Index was up 15.2% in the same time period

Image Source: Zacks Investment Research

AngioDynamics’ Geographical AnalysisIn the quarter under review, U.S. net revenues totaled $66.5 million, up 11.7% year over year. Our estimate for the metric was $62.3 million.

Pro-forma International revenues totaled $9.3 million, up 15.6% from the year-ago quarter’s level on a reported basis. Our projection for the metric was $10.2 million.

ANGO’s Segmental AnalysisAngioDynamics derives revenues from two businesses — Med Tech and Med Device.

The Med Tech business’ pro-forma net sales in the fiscal first quarter were $35.3 million, reflecting an uptick of 26.1% year over year. Our projection for the metric was $32.7 million.

The rise was primarily driven by increased net sales of Auryon, which amounted to $16.5 million (up 20.1% year over year), and Mechanical Thrombectomy revenues (including AngioVac and AlphaVac) of $11.3 million (up 41.2% year over year). AngioVac revenues totaled $8 million (up 37.1% year over year) and AlphaVac revenues amounted to $3.3 million (up 52.3% year over year). Total NanoKnife revenues were $6.4 million, up 26.7% year over year.

Pro-forma Med Device revenues totaled $40.5 million, up 2.3% from the year-ago period’s level. This figure compares to our projection of $39.9 million.

AngioDynamics’ Margin AnalysisIn the quarter under review, AngioDynamics’ pro forma gross profit rose 14% to $41.9 million. The pro forma gross margin expanded 90 basis points to 55.3%. We had projected a pro forma gross margin of 54.2% for the quarter.

Sales and marketing expenses on a pro forma basis increased 9.9% year over year to $28.1 million. Research and development expenses on a pro forma basis increased 2.1% to $6.4 million, while general and administrative expenses rose 14.4% to $12.6 million. On a pro forma basis, adjusted operating expenses of $47.102 million increased 9.9% year over year.

The adjusted operating loss on a pro forma basis totaled $5.2 million compared with the prior-year quarter’s loss of $6.1 million.

ANGO’s Cash PositionAngioDynamics exited the first quarter of fiscal 2026 with cash and cash equivalents of $38.8 million compared with $55.9 million at the end of fiscal 2025.

The company ended the quarter with no debt on its balance sheet.

Cumulative net cash used in operating activities was $15.9 million compared with $18.3 million a year ago.

AngioDynamics’ FY26 GuidanceAngioDynamics has updated its guidance for fiscal 2026.

The company expects net sales to be in the range of $308-$313 million, up from the previous guidance of $305-$310 million. The Zacks Consensus Estimate is currently pegged at $306.3 million.

AngioDynamics now expects its Med Tech revenue growth to be in the range of 14-16% (previously 12-15%), while Med Device revenue growth is projected to remain flat over the comparable fiscal 2025 period.

Management expects the tariffs to have a $4-$6 million impact on its overall top-line and segmental performance.

The adjusted loss per share is projected to be between 33 cents and 23 cents, including the tariff impacts (narrower than earlier guidance of a loss of 35 cents to 25 cents). The Zacks Consensus Estimate is currently pegged at a loss of 30 cents per share.

Our Take on ANGOAngioDynamics (ANGO - Free Report) delivered a solid start to fiscal 2026, with first-quarter revenues rising 12.2% year over year, led by continued strength in its Med Tech segment, which grew 26% and now represents nearly half of total sales. The company also reported a narrower-than-expected adjusted loss, supported by gross margin expansion despite the impact of tariff headwinds.

Key growth drivers going forward include the Auryon platform as adoption expands in hospitals and internationally following CE mark approval. Mechanical Thrombectomy, comprising AngioVac and AlphaVac, delivered continued growth fueled by new hospital approvals, strong physician uptake, and a dedicated sales force expansion to 50 reps.

NanoKnife continued to show momentum with probe sales tied largely to prostate procedures. The expanded prostate indication, rising physician interest, and a direct-to-patient AARP campaign are boosting adoption, while the upcoming CPT I reimbursement code, effective Jan. 1, 2026, is expected to further accelerate utilization.

With a favorable revenue mix, pricing actions, and operating efficiencies driving margin gains, AngioDynamics raised its FY26 revenue outlook, signaling confidence in sustained growth and profitability improvement.

AngioDynamics’ Zacks Rank & Key PicksANGO currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader medical space are Masimo (MASI - Free Report) , Phibro Animal Health (PAHC - Free Report) and CorMedix (CRMD - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Masimo shares have jumped 5.3% in the past year. Estimates for the company’s 2025 earnings per share have increased 1.3% to $5.30 in the past 30 days. MASI’s earnings beat estimates in each of the trailing four quarters, the average surprise being 13.8%. In the last reported quarter, it posted an earnings surprise of 8.1%.

Estimates for Phibro Animal Health’s fiscal 2026 earnings per share have increased 6.5% to $2.45 in the past 30 days. Shares of the company have surged 83.3% in the past year compared with the industry’s 0.7% growth. PAHC’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 27.9%. In the last reported quarter, it delivered an earnings surprise of 9.6%.

Estimates for CorMedix’s 2025 earnings per share have increased 50% to $1.83 in the past 30 days. Shares of the company have rallied 24.2% in the past year against the industry’s 5.1% decline. Its earnings yield of 16.6% also outpaces the industry’s -20.5% yield. CRMD’s earnings topped estimates in each of the trailing four quarters, the average surprise being 34.9%.
2025-10-03 13:34 3mo ago
2025-10-03 09:26 3mo ago
Credo Acquires Hyperlume, Taps MicroLED Tech for AI Data Centers stocknewsapi
CRDO
Key Takeaways Credo acquires Hyperlume to expand its next-gen connectivity portfolio with microLED technology.Hyperlume's microLED tech delivers fast, energy-efficient chip-to-chip communication.Credo projects optical revenues to double again in fiscal 2026.
Credo Technology Group Holding Ltd. (CRDO - Free Report) recently acquired Hyperlume, Inc., a privately held developer of miniature light-emitting diode (microLED) technology-based optical interconnects for chip-to-chip communication. With this buyout, CRDO expects to boost its next-generation connectivity solutions as artificial intelligence ("AI"), cloud and hyperscale data centers place unprecedented demands on data infrastructure deployments.

MicroLED technology offers energy-efficient, high-speed and low-latency data transmission needed for scaling AI clusters. Hyperlume’s microLED technology leverages “specialized, ultra-fast microLEDs and ultra-low power circuitry” to address energy and bandwidth constraints as seen in traditional electronic interconnects, added CRDO. It highlighted that this buyout aligns with its mission to provide secure, reliable and energy-efficient connectivity solutions across multiple protocols, physical mediums and distances.

Acquisitions like this are valuable for companies as they accelerate access to latest technologies. These types of buyouts provide valuable tools, technologies and market access that accelerate and amplify organic growth. With Hyperlume, CRDO now has access to this innovative optical technology, which broadens the portfolio, positioning it to serve customers seeking to expand AI networks cost-effectively to handle escalating workloads from large datasets and parallel processing.

CRDO is already witnessing rapid momentum in its optical business, with management projecting that revenues from this business will double again in fiscal 2026 on the last earnings call. The buyout is expected to boost revenues from this business. The company also recently introduced its 224G PAM4 SerDes Intellectual Property, fabricated on TSMC’s industry-leading N3 technology.

Taking a Look at Acquisition Strategy for PeersMarvell Technology (MRVL - Free Report) has not acquired any companies recently. Some of its previous acquisitions include Innovium (2021), Inphi (2021) and Avera Sami (2019). Marvell recently completed the $2.5 billion all-cash divestiture of its Automotive Ethernet business, monetizing a non-core asset and plans to use proceeds for share repurchases and technology investments.

MRVL expects strong optics adoption going ahead, which is expected to drive demand for its interconnect products and technologies, including DSPs for AECs and active optical cables or AOCs, along with retimers for PCI, Ethernet and UALink and silicon photonics for near-packaged and co-packaged XPU optics. Strong demand for its 800-gig PAM DSPs bodes well, and the company has also started volume shipments of the next-generation 200-gig per lane 1.6T PAM DSPs. Marvell is pushing boundaries with 400G per lane PAM technology, enabling 3.2T optical interconnects.

Broadcom Corporation (AVGO - Free Report) is a giant in the semiconductor space. Acquisitions have been Broadcom’s most favored mode for penetrating unexplored markets. Broadcom’s acquisition of VMware (2023) is proving to be a tailwind. Before that, the acquisitions of CA Technologies and Symantec’s enterprise security business have expanded its addressable market. Apart from its buyouts, Broadcom also focused on organic expansion.

AVGO sees massive opportunities in the AI space as its three hyperscaler customers have started to develop their own XPUs. Management highlighted that the company has secured more than $10 billion of orders for AI racks based on its XPUs. As a result, it now expects AI semiconductor revenues to increase 66% year over year to $6.2 billion for the fourth quarter of fiscal 2025.

CRDO’s Price Performance, Valuation and EstimatesShares of CRDO gained 11.7% in the past month compared with the Electronics-Semiconductors industry’s growth of 12.9%.

Image Source: Zacks Investment Research

In terms of the forward 12-month Price/Sales ratio, CRDO is trading at 23.92, higher than the Electronic-Semiconductors sector’s multiple of 9.27.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CRDO earnings for fiscal 2026 has been significantly revised upwards over the past 60 days.

Image Source: Zacks Investment Research

CRDO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
2025-10-03 13:34 3mo ago
2025-10-03 09:26 3mo ago
HOLX Stock Gains on FDA & CE Approval for Automated Molecular GI Tests stocknewsapi
HOLX
Key Takeaways Hologic gained FDA clearance and CE marking for its Panther Fusion GI bacterial assays.
HOLX shares climbed 1.3% to $67.91 after the approval of the new diagnostic tests.
Hologic's assays detect major GI pathogens, offering faster, more tailored patient testing.

Hologic, Inc. (HOLX - Free Report) recently received FDA 510(k) clearance for its Panther Fusion Gastrointestinal (GI) Bacterial and Expanded Bacterial Assays. Additionally, the assays obtained CE marking in the European Union in accordance with the In Vitro Diagnostic Regulation.

These highly sensitive molecular tests are designed to rapidly detect the most common bacterial pathogens responsible for infectious gastroenteritis.

Likely Trend of HOLX Stock Following the NewsFollowing the announcement, shares of the company surged 1.3% to $67.91 yesterday.

The company’s Molecular Diagnostics assays, which run on Panther and Panther Fusion systems, remain the principal revenue-generating component in the Diagnostics division. A key catalyst for Diagnostics’ sustained growth is the expanding global installed base of Panther instruments. Accordingly, we expect the latest development to bolster investor confidence and maintain an upward momentum in HOLX's share price in the upcoming days.

Hologic currently has a market capitalization of $15.10 billion. The company’s earnings yield of 6.7% compares favorably to the industry’s -4.3%. It delivered an average earnings surprise of 0.96% for the trailing four quarters.

More on Hologic’s New AssaysTraditionally, identifying pathogens causing severe diarrheal illness has required the combination of culture, biochemical and microscopy-based tests, which can be labor-intensive, time-consuming and less sensitive than molecular methods. Hologic’s new GI pathogen detection tests leverage rapid molecular technology and cover common bacterial causes of infectious gastroenteritis, including Salmonella, Campylobacter, Shigella, E. coli (including O157), Vibrio, Yersinia and Plesiomonas, and can be run together or in any combination. 

In this customizable mini-panel format, the new assays allow testing to be specific and tailored to patients’ needs. This approach also helps reduce testing, streamline lab processes and accelerate time to diagnosis and clinical management. In the long term, it supports antimicrobial stewardship by enabling the judicious use of antibiotics. 

Testing of the Panther Fusion GI Bacterial and Expanded Bacterial Assays is performed using Hologic’s trusted Panther Fusion System, an addition to the Panther System. 

Image Source: Zacks Investment Research

About HOLX’s Panther and Panther Fusion SystemsThe Panther System is a best-in-class, fully automated sample-to-result molecular diagnostics platform suitable for use in low, medium, or high-throughput laboratories. With a small footprint, adaptable workflow options, and a consolidated testing menu, it provides testing for women’s health, sexually transmitted infections, respiratory infections, viral load, transplant viruses, and now infectious gastroenteritis. The Panther Fusion module provides an expanded and growing in vitro diagnostics menu, as well as Open Access functionality, to run laboratory-developed tests. 

Industry Prospects Favor HOLXInfectious gastroenteritis, caused by bacteria, viruses, or parasites, can range from mild to severe. Per researchers, in the United States alone, it is estimated that nearly 200 million cases occur annually, including up to 3 million that require ambulatory visits. Per analysts, foodborne outbreaks across Europe have resulted in the highest numbers of related hospitalizations and deaths recorded in a decade, with Salmonella accounting for the largest proportion of cases. 

Per a report by Persistence Market Research, the global gastrointestinal infection testing market is predicted to reach a size of $467.2 million by 2025. It is anticipated to witness a CAGR of 5.2% during the period to attain a value of $617.7 million by 2032.

Another Development by HOLXHologic unveiled favorable data from two groundbreaking studies evaluating its AI-powered mammography technology, the Genius AI Detection solution, at the European Society of Breast Imaging Annual Scientific Meeting in Aberdeen, Scotland. Research suggests that artificial intelligence may aid in identifying more aggressive forms of breast cancer and demonstrate performance comparable to that of expert radiologists in screening.

HOLX Stock Price PerformanceIn the past year, Hologic’s shares have risen 18.9% compared with the industry’s 2.3% growth.

HOLX’s Zacks Rank & Key PicksHologic currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader medical space are Masimo (MASI - Free Report) , Phibro Animal Health (PAHC - Free Report) and Boston Scientific (BSX - Free Report) . While Masimo and Phibro sport a Zacks Rank #1 (Strong Buy) each, Boston Scientific carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Masimo’s shares have jumped 18.9% in the past year. MASI’s earnings beat estimates in each of the trailing four quarters, the average surprise being 13.8%. 

Shares of Phibro have surged 76.5% in the past year compared with the industry’s 3.4% growth. PAHC’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 27.9%.

Shares of Boston Scientific have rallied 16.7% in the past year compared with the industry’s 5.2% growth. BSX’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 8.1%.
2025-10-03 13:34 3mo ago
2025-10-03 09:28 3mo ago
URANIUM ENERGY CORP ANNOUNCES PRICING OF PUBLIC OFFERING stocknewsapi
UEC
NYSE American: UEC

Proceeds to be Used to Accelerate the Development of the United States Uranium Refining & Conversion Corp

, /PRNewswire/ - Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") announced today the pricing of a public offering of 15,500,000 shares of common stock at a price of $13.15 per share (the "Offering"). In connection with the Offering, the Company has granted the underwriter a 30-day option to purchase up to an additional 2,325,000 shares of its common stock.

The closing of the Offering is expected to occur on October 6, 2025 subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds it receives from the Offering to accelerate the development of a new, state-of-the-art American uranium refining and conversion facility through its wholly owned subsidiary, United States Uranium Refining & Conversion Corp. ("UR&C"), as well as for general corporate and working capital purposes.

Goldman Sachs & Co. LLC is acting as the sole underwriter for the Offering.

The Company has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission ("SEC") which became automatically effective upon filing on November 16, 2022. The Offering is being made solely by means of a prospectus and a prospectus supplement that form a part of the registration statement. A copy of the preliminary prospectus supplement and accompanying prospectus relating to this Offering has been filed with the SEC. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this Offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the final prospectus supplement, when available, and accompanying prospectus relating to the Offering may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 866-471-2526 or by email at [email protected]. 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Uranium Energy Corp

Uranium Energy Corp is America's largest and fastest growing supplier of uranium needed to produce safe, clean, reliable nuclear energy. UEC is advancing the next generation of low-cost, environmentally friendly ISR mining uranium projects in the United States and high-grade conventional projects in Canada. The Company has three ISR hub-and-spoke platforms in South Texas and Wyoming. These production platforms are anchored by licensed Central Processing Plants that will be served by a pipeline of satellite ISR projects, including seven that already have their major permits in place. In August 2024, operations were restarted and ramp-up commenced at the Christensen Ranch Project in Wyoming, sending uranium loaded resin to the Irigaray Plant (Wyoming Powder River Basin hub). Additionally, the Company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only uranium royalty company in the sector; and (3) a Western Hemisphere pipeline of resource stage uranium projects. The Company's UR&C initiative aims at positioning UEC as the only vertically integrated U.S. uranium company with mining and processing operations and planned refining and conversion capabilities. The Company's operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to future events. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "will likely result," "expect," "continue," "will," "anticipate," "seek," "estimate," "intend," "plan," "projection," "would," and "outlook," or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are based on current expectations, estimates, beliefs and assumptions, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of the future and are subject to risks, assumptions and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. There are or will be important factors that could cause our actual results to differ materially from those indicated in these forward-looking statements, including those more fully described in the Company's filings with the SEC, including those set forth in the registration statement for the Offering and the preliminary prospectus supplement, as filed with the SEC. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances that occur after the date of this press release, except as required by law.

Stock Exchange Information:
NYSE American: UEC
WKN: AØJDRR
ISN: US916896103

SOURCE Uranium Energy Corp

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In
2025-10-03 13:34 3mo ago
2025-10-03 09:30 3mo ago
Goldman Sachs's CEO says he ‘sleeps very well' over the bull market, but a pullback is coming stocknewsapi
GS
HomeMarketsDavid Solomon says the U.S. economy is in decent shapePublished: Oct. 3, 2025 at 9:30 a.m. ET

Goldman Sachs Chief Executive Officer David Solomon says the ongoing bull market is not keeping him up at night, but he also expects a pullback within a couple of years.

“I sleep very well and am not going to bed every night worried about what will happen next,” he told Bloomberg TV Friday, while hitting on markets, AI and the economy. “I think the opportunities are great. I think they’re very exciting, but I also see complacency around risk-taking, and when that happens ultimately there’ll be some speed bumps and drawdowns.”

Partner CenterMost Popular
2025-10-03 13:34 3mo ago
2025-10-03 09:30 3mo ago
Youxin Technology Ltd Regains Compliance with Nasdaq Stockholders' Equity Rule stocknewsapi
YAAS
GUANGZHOU, CHINA, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Youxin Technology Ltd (Nasdaq: YAAS) (the “Company” or “Youxin Technology”), a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses, today announced that the Company received a formal notice from the Listings Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on October 2, 2025, confirming that the Company has regained compliance with Nasdaq stockholders’ equity rule under Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2.5 million in stockholders’ equity.

On August 13, 2025, the Company received a letter from the Nasdaq, notifying the Company that it did not comply with the minimum $2.5 million stockholders’ equity, or $35 million market value of listed securities, or $500,000 of net income from continuing operations requirements for The Nasdaq Capital Market set forth in Listing Rules 5550(b)(1), or 5550(b)(2), or 5550(b)(3) (the “Rules”), respectively.

On September 30, 2025, the Company sent an email to Nasdaq evidencing stockholders’ equity of more than $2.5 million, based on which Nasdaq has determined that the Company complies with the Rules and this matter is now closed.

About Youxin Technology Ltd

Youxin Technology Ltd is a SaaS and PaaS provider committed to helping retail enterprises digitally transform their businesses using its cloud-based SaaS product and PaaS platform to develop, use and control business applications without the need to purchase complex IT infrastructure. Youxin Technology provides a customized, comprehensive, fast-deployment omnichannel digital solutions that unify all aspects of commerce with store innovations, distributed inventory management, cross-channel data integration, and a rich set of ecommerce capabilities that encompass mobile applications, social media, and web-based applications. The Company’s products allow mid-tier brand retailers to use offline direct distribution to connect the management team, distributors, salespersons, stores, and end customers across systems, apps, and devices. This provides retailers with a comprehensive suite of tools to instantly address issues using real-time sales data. For more information, please visit the Company’s website: https://ir.youxin.cloud.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

For more information, please contact:

Youxin Technology Ltd.
Investor Relations Department
Email: [email protected]

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: [email protected]
2025-10-03 13:34 3mo ago
2025-10-03 09:30 3mo ago
Akari Therapeutics Announces Abstract Accepted for Oral Presentation at the 40th Annual Society for Immunotherapy of Cancer (SITC) Meeting stocknewsapi
AKTX
October 03, 2025 09:30 ET

 | Source:

Akari Therapeutics Plc

BOSTON and LONDON, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Akari Therapeutics, Plc (Nasdaq: AKTX), an oncology biotechnology company developing novel payload antibody drug conjugates (ADCs), today announced its abstract has been accepted for oral presentation at the 40th Annual SITC Meeting being held November 5-9, 2025 in National Harbor, MD.

Details of the oral presentation are as follows:

Title: A Novel Splicing-Targeted ADC Payload Drives Immune Activation, Synergy with Checkpoint Inhibitors, and Enhanced Therapeutic Potential beyond Cytotoxicity
Presenter: Satyajit Mitra Ph.D., Executive Director, Head of Oncology at Akari Therapeutics
Abstract No: 951
Session: 302 Beyond Cytotoxic Chemotherapy: the Next Generation of ADCs for Immune Modulation
Date and Time: Sunday, November 9, 2025 at 11:05 AM ET
Location: Gaylord National Resort and Convention Center – Ballroom Level – Potomac Ballroom

Poster Presentation: Friday, November 7, 2025
Location: Prince George ABC Exhibit Halls, Gaylord National Resort and Convention Center

For more information about the SITC Annual Meeting, please visit sitcancer.org.

About Akari Therapeutics

Akari Therapeutics is an oncology biotechnology company developing next-generation spliceosome payload antibody drug conjugates (ADCs). Utilizing its innovative ADC discovery platform, the Company has the ability to generate ADC candidates and optimize them based on the desired application to any target of interest. Akari’s lead candidate, AKTX-101, targets the Trop2 receptor on cancer cells and with a proprietary linker, delivers its novel PH1 payload directly into the tumor. Unlike current ADCs that use tubulin inhibitors and DNA damaging agents as their payloads, PH1 is a novel payload that is a spliceosome modulator designed to disrupt RNA splicing within cancer cells. This splicing modulation has been shown in preclinical animal models to induce cancer cell death while activating immune cells to drive robust and durable activity. In preclinical studies, AKTX-101 has shown to have significant activity and prolonged survival, relative to ADCs with traditional payloads. Additionally, AKTX-101 has the potential to be synergistic with checkpoint inhibitors and has demonstrated prolonged survival as both a single agent and in combination with checkpoint inhibitors, as compared to appropriate controls. The Company is generating validating data on its novel payload PH1 to continue advancing its lead asset, as well as other undisclosed targets with this novel payload.

For more information about the Company, please visit www.akaritx.com and connect on X and LinkedIn.

Cautionary Note Regarding Forward-Looking Statements 

This press release includes express or implied forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about the Company that involve risks and uncertainties relating to future events and the future performance of the Company. Actual events or results may differ materially from these forward-looking statements. Words such as “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “future,” “opportunity” “will likely result,” “target,” variations of such words, and similar expressions or negatives of these words are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Examples of such forward-looking statements include, but are not limited to, express or implied statements regarding the ability of the Company to advance its product candidates for the treatment of cancer and any other diseases, and ultimately bring therapies to patients. These statements are based on the Company’s current plans, estimates and projections. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific. A number of important factors, including those described in this communication, could cause actual results to differ materially from those contemplated in any forward-looking statements. Factors that may affect future results and may cause these forward-looking statements to be inaccurate include, without limitation: the Company’s need for additional capital; the potential impact of unforeseen liabilities, future capital expenditures, revenues, costs, expenses, earnings, synergies, economic performance, indebtedness, financial condition and losses on the future prospects, business and management strategies for the management, expansion and growth of the business; risks related to global as well as local political and economic conditions, including interest rate and currency exchange rate fluctuations; potential delays or failures related to research and/or development of the Company’s programs or product candidates; risks related to any loss of the Company’s patents or other intellectual property rights; any interruptions of the supply chain for raw materials or manufacturing for the Company’s product candidates, including as a result of potential tariffs; the nature, timing, cost and possible success and therapeutic applications of product candidates being developed by the Company and/or its collaborators or licensees; the extent to which the results from the research and development programs conducted by the Company, and/or its collaborators or licensees may be replicated in other studies and/or lead to advancement of product candidates to clinical trials, therapeutic applications, or regulatory approval; uncertainty of the utilization, market acceptance, and commercial success of the Company’s product candidates; risks related to competition for the Company’s product candidates; and the Company’s ability to successfully develop or commercialize its product candidates. While the foregoing list of factors presented here is considered representative, no list should be considered to be a complete statement of all potential risks and uncertainties. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release except as required by law.

Investor Relations Contact

JTC Team, LLC
Jenene Thomas
908-824-0775
[email protected] 
2025-10-03 13:34 3mo ago
2025-10-03 09:30 3mo ago
First Financial Bancorp to Announce Third Quarter 2025 Financial Results on Thursday, October 23, 2025 stocknewsapi
FFBC
, /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) announced today that it expects to release third quarter 2025 financial results after the market close on Thursday, October 23, 2025. A teleconference and webcast to discuss these results will be held on Friday, October 24, 2025, at 8:30 a.m. Eastern time.

Teleconference and Webcast Information

Date:                               

Friday, October 24, 2025

Time:                               

8:30 a.m. Eastern time

Teleconference Dial-In:      

1-888-550-5723 (Toll Free) 

(Access Code:  5048068)   

Please dial in five to ten minutes prior to the start of the call.

Teleconference Replay: 
(Access Code:  5048068) 

1-800-770-2030 (Toll Free) 

The teleconference replay will be available one hour after the live call has ended until November 7th, 2025.

Webcast:   

To access the webcast, please visit http://ir.bankatfirst.com/CorporateProfile

Archived Webcast:    

The webcast will be available one hour after the live call ends and will be archived at the Company's website for 12 months.

About First Financial Bancorp.
First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of June 30, 2025, the Company had $18.6 billion in assets, $11.8 billion in loans, $14.4 billion in deposits and $2.6 billion in shareholders' equity. The Company's subsidiary, First Financial Bank, founded in 1863, provides banking and financial services products through its six lines of business: Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance and Wealth Management. These business units provide traditional banking services to business and retail clients. Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $3.8 billion in assets under management as of June 30, 2025. The Company operated 128 full service banking centers as of June 30, 2025, located in Ohio, Indiana, Kentucky and Illinois, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis. In 2025, First Financial Bank received its second consecutive Outstanding rating from the Federal Reserve for its performance under the Community Reinvestment Act and was recognized as a Gallup Exceptional Workplace Award winner, one of only 70 Gallup clients worldwide to receive this designation. Additional information about the Company, including its products, services and banking locations, is available at www.bankatfirst.com.

SOURCE First Financial Bancorp.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In
2025-10-03 13:34 3mo ago
2025-10-03 09:30 3mo ago
RPM International's MAP 2025 Strategy Sparks 5.9% Dividend Hike stocknewsapi
RPM
Key Takeaways RPM hiked its quarterly dividend 5.9% to 54 cents per share, marking 52 consecutive years of increases.MAP 2025 delivered $185M in annualized savings, supporting EBIT growth and balance sheet strength.Q1 fiscal 2026 sales hit a record $2.11B, up 7.4% year over year, with EBIT rising 2.9% to $337.8M.
RPM International Inc. (RPM - Free Report) has been following an incremental dividend policy since 1974. In line with this strategy, it recently boosted its investors’ sentiments again with a quarterly dividend hike, marking its 52nd consecutive year of cash dividend increase.

The board of directors approved a quarterly cash dividend payout of 54 cents per share ($2.16 per share annually), representing a 5.9% increase from the previous dividend payout of 51 cents ($2.04 per share annually). The amount will be paid out on Oct. 31, 2025, to shareholders of record as of Oct. 20. Based on the closing price of $116.27 per share on Thursday, the stock has a dividend yield of 1.9%.

The company was able to facilitate this decision based on the benefits realized from the efficient execution of its MAP 2025 operational improvement program and robust top-line growth in its first quarter of fiscal 2026.

What Bolstered RPM’s Dividend Hike?RPM has been focusing on its MAP 2025 operational improvement program, which officially concluded on May 31, 2025. Through this strategic initiative, the company was able to reduce costs and improve working capital efficiency, resulting in annualized savings of approximately $185 million, which supported adjusted EBIT growth across the business. These benefits have continued into fiscal 2026, which has been the primary driver of this dividend hike.

Additionally, the robust sales growth during the first quarter of fiscal 2026 has also contributed to the success of this strategic move. RPM highlighted that the successful integration of its business acquisitions was one of the primary drivers of the sales boost. During the fiscal first quarter, RPM witnessed record sales of $2.11 billion, indicating 7.4% year-over-year growth. Also, adjusted EBIT grew 2.9% compared with the prior year to $337.8 million.

The improved profitability and working capital efficiency, mainly attributable to the MAP 2025 initiative, have resulted in a stable and sufficient balance sheet position for RPM since the start of fiscal 2026. As of Aug. 31, 2025, the company had cash and cash equivalents of $297.1 million, up from $231.6 million as of Aug. 31, 2024. Moreover, during the first quarter of fiscal 2026, the company returned $82 million to its shareholders through cash dividends and share repurchases, reflecting 7.4% year-over-year growth.

Image Source: Zacks Investment Research

The company is optimistic that its focus on product diversification, accretive buyouts and operational excellence is expected to further boost its financial position and ensure shareholder value. Even though the market remains unstable and inflation persists, RPM is well-positioned to counter these headwinds in the upcoming period.

RPM Stock Price PerformanceShares of this manufacturer and marketer of a diverse portfolio of specialty chemical products have gained 2.5% in the past three months against the Zacks Chemical - Specialty industry’s 2.4% decline.

Image Source: Zacks Investment Research

The company’s trailing 12-month return on equity (ROE) is indicative of its growth potential and focus on maintaining shareholder value. Its ROE of 24.2% compares favorably with the industry’s 18.7%, indicating greater efficiency in utilizing shareholders’ funds than its peers.

Image Source: Zacks Investment Research

RPM’s Zacks Rank & Key PicksRPM International currently carries a Zacks Rank #3 (Hold).

Here are some better-ranked stocks from the Basic Materials sector.

Methanex Corporation (MEOH - Free Report) currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.

The company has a trailing four-quarter earnings surprise of 83.2%, on average. The stock has gained 13.7% in the past three months. The Zacks Consensus Estimate for Methanex’s 2025 sales implies growth of 4.7% while the earnings per share (EPS) indicate a decline of 0.5%, from the year-ago levels.

Agnico Eagle Mines Limited (AEM - Free Report) presently sports a Zacks Rank of 1. The company has a trailing four-quarter earnings surprise of 10%, on average. The stock has moved up 40.1% in the past three months.

The Zacks Consensus Estimate for Agnico Eagle Mines’ 2025 sales and EPS indicates growth of 30.6% and 68.1%, respectively, from the year-ago period’s levels.

Intrepid Potash, Inc. (IPI - Free Report) currently sports a Zacks Rank of 1. The company has a trailing four-quarter negative earnings surprise of 209.4%, on average. The stock has tumbled 20.9% in the past three months.

The Zacks Consensus Estimate for Intrepid Potash’s 2025 sales and EPS indicates an increase of 3.1% and 493.3%, respectively, from the year-ago levels.
2025-10-03 13:34 3mo ago
2025-10-03 09:30 3mo ago
Can Rising Electrolyzer Demand be a Catalyst for PLUG's Long-Term Growth? stocknewsapi
PLUG
Key Takeaways Plug Power's electrolyzer revenues jumped 200% year over year in Q2 2025.Growing demand comes from industrial users and energy sectors worldwide.New projects in Portugal and Uzbekistan highlight Plug Power's global reach.
Plug Power Inc.’s (PLUG - Free Report) electrolyzer product line is emerging as the primary growth driver. In the second quarter of 2025, revenues from this product line surged approximately 200% on a year-over-year basis. This sharp rise was supported by increased product deliveries and new orders across North America and Europe.

Demand for Plug Power’s GenEco proton exchange membrane (PEM) electrolyzers is rising among industrial and energy sectors globally. This rising demand is supported by strong policy backing in Europe, where government investments and faster project timelines are helping accelerate the use of green hydrogen.

It is worth noting that in October 2025, Plug Power delivered a 10-megawatt (MW) GenEco electrolyzer to Galp’s Portugal-based Sines Refinery, which is Europe’s largest PEM hydrogen project. The company will install a total of 10 arrays of GenEco electrolyzers with Hydrogen Processing Units by early 2026. Also, in June 2025, PLUG expanded its partnership with Allied Green Ammonia with a new two-gigawatt electrolyzer project in Uzbekistan. This deal builds on their existing three GW project in Australia and strengthens the company’s position as a leading provider of large-scale hydrogen solutions worldwide.

Although, the ongoing challenges, including negative gross margins and cash outflows, are likely to affect PLUG’s near-term performance, rising demand for electrolyzers in the green hydrogen market and the Quantum Leap project are likely to be beneficial in the long run.

Snapshot of Plug Power’s PeersAmong its major peers, Flux Power Holdings, Inc. (FLUX - Free Report) reported revenues of $16.7 million in the fourth quarter of fiscal 2025 (ended June 2025). Flux Power’s total revenues increased 25% year over year in the same period, driven by strong demand in both material handling and ground support markets. Flux Power continues to expand its lithium-ion energy storage solutions and SkyEMS software platform.

In the second quarter of 2025, PLUG’s another peer, Bloom Energy Corporation’s (BE - Free Report) product and service revenues rose 25.9% year over year. Bloom Energy’s total revenues surged 19.5% year over year. The growth was fueled by robust demand for Bloom Energy’s solid oxide fuel cell systems and expanding adoption of hydrogen-capable solutions.

The Zacks Rundown for PLUGShares of Plug Power have gained 32.8% in the year-to-date period compared with the industry’s growth of 32.7%.

Image Source: Zacks Investment Research

From a valuation standpoint, Plug Power is trading at a forward price-to-earnings ratio of a negative 6.97X against the industry average of 26.3X. PLUG carries a Value Score of F.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for PLUG’s bottom line for third-quarter 2025 has remained the same in the past 60 days.

Image Source: Zacks Investment Research

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.