Market Signal Briefing

Bitcoin holds $120K after breakout, with analysts eyeing new ATH short-term and a possible 70% rise toward $203K by year-end if momentum continues.

Bitcoin was trading around $120,000 at press time, up slightly in the last 24 hours and 10% over the past week. The current 24-hour trading volume is approximately $64.2 billion. Traders are now watching the $120,000 level to see if it will act as new support, following a daily close above this key area.

Notably, the recent breakout is being compared to a similar move in mid-August, where a daily close above $120,000 led to a bounce toward $124,000 ATH. The price behavior around this level may help confirm the next direction in the short term.

$120K Breakout Mirrors August Move
Analyst Rekt Capital posted that Bitcoin has performed a daily close above the $120,000 mark. In August, a similar close led to a successful retest of the same level as support, followed by a push toward $124,500. The chart shows both events marked with green circles.

#BTC

Bitcoin has performed a Daily Close above ~$120k (black)

An identical Daily Close in mid-August (green circle) preceded a successful retest of $120k as new support before preceding upside into $123400 (red)

Will the not-too-distant history repeat?$BTC #Crypto #Bitcoin https://t.co/PwDpZqC8dH pic.twitter.com/IUPmTND4A9

— Rekt Capital (@rektcapital) October 3, 2025

Current price action is showing a repeat of that setup. If the level holds, the market may aim for $123,350 and beyond. If it fails to hold, nearby supports are located around $117,288 and $114,249. In another post, Rekt Capital added that Bitcoin is also testing a 2.5-month downtrend line near $119,000.

Additionally, on the weekly timeframe, the analyst referred to the possibility of Bitcoin entering “Price Discovery Uptrend 3.” The long-term chart shows a pattern that began in early 2023, where the price breaks out, retests resistance as support, and continues higher.

That structure has repeated at multiple stages. Bitcoin is now positioned at $120,000, and a weekly close above this level may support a continuation into new territory. A green zone on the chart marks the potential area for this movement.

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Over 127,000 Traders Wrecked as Bitcoin Taps $120K for the First Time Since August ATH

Source: Rekt Capital/X
Momentum May Slow as RSI Peaks
On the 4-hour chart, analyst Ted Pillows pointed out that the RSI has reached 80.18, the highest level since July. The reading places BTC in overbought conditions on that timeframe.

$BTC 4H RSI is now the most overbought since the July top.

Usually such instances result in a correction or sideways price action for some time. pic.twitter.com/81EE4fu9FD

— Ted (@TedPillows) October 2, 2025

The RSI reading could suggest a pause or consolidation phase after the recent rally from below $110,000.

Monthly Chart Targets $203K by Year-End
Crypto Seth offered a long-term chart that shows BTC inside a growth channel. He noted the past rallies in the final quarter of the previous cycles: 368% in 2017 and 83% in 2021. Based on that, the analyst is now considering a 70% rise to around $203,530 by the end of 2025.

The chart shows that the price remains well within the bounds of the channel.

2017: $BTC pumped 368% last 3 months of the bull market.

2021: 83%

2025: 70% from now to Dec sounds reasonable? Surely with all the ETFs and adoption it can give me another 70%???? pic.twitter.com/6OSZPiWhTl

— Crypto Seth (@seth_fin) October 2, 2025

The structure remains intact, with no signals of a market top yet.

Tags:

Key NotesBNB hit a record high of $1,112 with price trading near $1,089.BNB Chain TVL rises to $8.163B, with DEX volume surpassing $3B.Binance CEX deposits reach $207B, reflecting market-wide demand.
BNB

BNB
$1 096

24h volatility:
6.0%

Market cap:
$152.65 B

Vol. 24h:
$3.27 B

has set a new all-time high of $1,112.54 in the past 24 hours after a 5% price surge, supported by a sharp 30.59% increase in trading volume.

According to CoinMarketCap data, the token is now trading at around $1,089, backed by a wave of bullish sentiment in both the DeFi ecosystem and centralized markets.

Strong DeFi Growth and Surge in Activity
According to DeFiLlama, Total Value Locked (TVL) on the chain has reached $8.163 billion, making it the fourth-largest DeFi chain, showing increasing user trust and activity.

Decentralized exchanges (DEXs) are at the center of this momentum, with trading volume surpassing $3 billion over the last four days. PancakeSwap alone generated $1.51 million in fees within the last 24 hours.

Stablecoin supply on the BNB Chain has also climbed more than 6% in a single day, now standing at $13.464 billion. On centralized exchange, Binance, deposits have reached a record $207.057 billion, indicating significant investor confidence.

Derivatives Market Signals Bullish Outlook
Data from CoinGlass shows BNB Open Interest (OI) rising by 12% in the last 24 hours to $2.11 billion. Elevated OI is often linked to risk-on behavior, with traders opening more long positions.

Binance market data shows that BNB has surpassed $1,100, hitting a new all-time high and is now trading at $1,108.17, up 7.27% in the past 24 hours. Coinglass data shows that $396 million in positions were liquidated across the market over the past 24 hours, including $268…

— Wu Blockchain (@WuBlockchain) October 3, 2025

The OI-weighted funding rate sits at 0.0123%, showing traders are willing to pay premiums to hold longs. Although down from 0.044% earlier on Oct. 3, the level remains firmly bullish.

At the same time, short liquidations totaled $6.44 million, far surpassing $307,880 in long liquidations.

Technical Analysis: Bullish Targets and Risks
The daily chart shows BNB trading within a strong ascending channel. After hitting $1,112, the price is consolidating near the upper Bollinger Band at $1,078, which acts as immediate support.

If momentum continues, the next resistance zone lies between $1,180 and $1,200. A breakout beyond this level could push BNB closer to $1,250.

BNB price chart with RSI and Bollinger Bands | Source: TradingView

However, the RSI at 68.5 is approaching overbought territory, signaling caution. A pullback could find support around $1,000, and deeper corrections may retest $905, the lower boundary of the Bollinger Band.

SUBBD: Mixing Content Subscriptions with AI
As BNB celebrates new ATH, another fast-emerging player is grabbing attention in the content subscription space. That project is SUBBD, a platform designed to reimagine the $85 billion content industry through a blend of artificial intelligence and tokenized Web3 technology.

SUBBD’s mission is clear: give creators smarter tools and give fans richer experiences. Its AI-powered, blockchain-backed system streamlines how content is shared, while audiences gain access to exclusive, interactive perks that go beyond traditional subscriptions.

SUBBD Token Details and Live Presale
At the core of SUBBD’s ecosystem is the SUBBD token, an Ethereum-based asset that powers premium features, staking rewards, and AI-driven tools across the platform.

For creators, this means easier content delivery and monetization. For fans, it means the chance to unlock special benefits such as private livestreams, behind-the-scenes updates, and unique content drops.

Presale Snapshot:

Current Price: $0.056575
Amount Raised: $1.23 million
Ticker: SUBBD

SUBBD presale is already turning heads. SUBBD has raised $1.23 million so far, with limited time left before the next price increase. It is one of the most promising projects for investors who want early exposure to high-potential projects. You can learn how to buy SUBBD in a step-by-step guide on our website.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Digital asset treasury firm Avalanche Treasury Co., a part of the Avalanche (AVAX) ecosystem with a special relationship with the Avalanche Foundation, today announced a partnership with the Mountain Lake Acquisition Corp.

Avalanche Treasury Firm To Buy $1 Billion Worth Of AVAX
According to an official announcement made earlier today, Avalanche Treasury Corp. is set to merge with Mountain Lake Acquisition Corp., a special purpose acquisition company (SPAC). The deal is estimated to be worth over $675 million.

The newly created merged firm is expected to get listed on Nasdaq in Q1 2026, under the ticker symbol “AVAT.” After it goes public, the company is expected to buy more than $1 billion worth of AVAX tokens.

The business transaction between the two entities includes $460 million worth of treasury assets. Notably, the deal is primarily geared toward establishing a leading public vehicle for exposure to the AVAX token.

It is worth highlighting that AVAT will launch with an initial AVAX token purchase at a discount to market price. Additionally, it will have an 18-month priority on Avalanche Foundation sales to US digital asset treasury firms.

Specifically, AVAT will offer an attractive entry point of 0.77x multiple of net asset value (mNAV) for investors, a significant discount of 23% compared to purchasing AVAX directly or via passive exchange-traded fund (ETF) alternatives. Commenting on the development, Bart Smith, CEO of AVAT, said:

Many institutions have difficulty accessing digital assets or are limited to holding native tokens without yield or ecosystem integration. We created Avalanche Treasury Co. to offer something we believe will be more valuable than passive exposure. This is a public company launching as an active, strategic partner within the Avalanche network, offering a level of integration and alignment that investors have been demanding.

Importantly, Emin Gün Sirer, the founder and CEO of Ava Labs, the entity responsible for the development of the Avalanche blockchain, will join AVAT as an advisor. The newly created firm is just the second AVAX-focused treasury firm.

The announcement adds that AVAT will work toward deploying capital directly into the Avalanche ecosystem through three strategic pillars – targeted protocol investments, partnerships with enterprises building on-chain rails, and direct support for institutional L1 launches.

AVAX Surges Following The Announcement
The smart contract network’s native token AVAX witnessed a sharp increase following the announcement. The token reached a high of $31.32 on Binance, before it lost some of its gains.

This year has seen a significant increase in the launch of digital treasury firms. While digital treasury firms focused on Bitcoin (BTC) and Ethereum (ETH) have been around for a few years, more firms are now shifting focus to other altcoins such as Solana (SOL) and AVAX.

For instance, Nasdaq-listed VisionSys AI recently unveiled plans to launch a $2 billion SOL-based digital treasury program. At press time, AVAX trades at $30.17, down 1.3% in the past 24 hours.

Avalanche trades at $30.17 on the daily chart | Source: AVAXUSDT on TradingView.com
Featured image from Unsplash.com, chart from TradingView.com

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work.
Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential.
In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills.
Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information.
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11h05 ▪
3
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Ariela R.

Summarize this article with:

Two Swedish MPs want to include bitcoin in the State’s coffers. Behind this initiative, a vision: to transform the role of crypto assets in monetary sovereignty. All details below!

In brief

Two Swedish MPs propose a national bitcoin reserve, funded by cryptos seized by the judiciary.
Facing the internationalization of bitcoin reserves, Sweden wants to avoid a strategic delay.

Sweden considers a national bitcoin reserve
Dennis Dioukarev and David Perez, members of the Sweden Democrats party, submitted a motion to Parliament on October 1, 2025. Their proposal asks the government to consider creating a strategic reserve of bitcoin. The idea? To diversify national reserves currently dominated by gold and foreign currencies.

The reserve could be budget-neutral, funded by the transfer of bitcoins seized by judicial authorities. Since late 2024, the law has allowed the confiscation of cryptocurrencies even if they are not at the core of an investigation.

The two MPs also want to preserve the monetary independence of the Swedish krona. Their text specifies that Sweden must neither change the definition of its legal currency nor launch a CBDC.

Why is this strategy gaining ground internationally ?
This project comes in a global context of progressive state adoption of bitcoin. In March 2025, former US President Donald Trump signed a decree launching a national BTC reserve funded by confiscated assets. This decision paved the way for other initiatives.

Some countries already hold cryptos in public funds. Notably:

Bhutan ;
El Salvador ;
Kazakhstan.

Others are exploring this possibility through reserves from judicial seizures. This is the case for Latvia, Poland, and Finland. In the USA, several states like Texas, Arizona, or New Hampshire have legislated to create their own digital reserves.

For the two Swedish parliamentarians, this trend marks the beginning of a new geopolitical era. They fear Sweden might miss the turn of digital sovereignty, especially compared to its more enterprising Nordic neighbors.

Sure, the proposal is still under study. Nevertheless, it opens a fundamental debate on the role of crypto assets (notably bitcoin) in the economic strategy of states. Will other European nations follow this path? We shall see…

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Ariela R.

My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)

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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Binance token has surpassed the mark of $1,100.
BNB price surged by 7.33% in the last 24 hours to reach $1,105.19.
Short-term estimates predict price movements within a specific range.

BNB has surpassed the trading value of $1,100, and has reached a new all-time high milestone. Binance token recorded one of the highest gains across the top 10 cryptocurrencies over the past 24 hours. The peak for BNB price comes hours after announcements about Binance Mastercard and Giggle Academy. Positions worth around $396 million have been liquidated.

New ATH for Binance Token
Binance token has crossed the mark of $1,100, and was last seen trading at $1,105.19. Its exchange value has surged by 7.33% in the last 24 hours, and massively by 16.98% over the past 7 days. The trading volume of $4.14 billion is up by 29.06% when the article is being drafted.

Positions worth $264.64k have been liquidated according to data by Coinglass. This comes after considering short positions and long positions of $257.03k and $7.62k, respectively. The new all-time high value, or ATH, of Binance token is now $1,111.67, achieved on October 03, 2025.

Possible Factors for BNB Price Upticks
Two factors may have sparked the significant bull run for BNB price. One pertains to the launch of Binance Mastercard in Brazil, and another is related to tracking functionality by Giggle Academy. The launch of Binance Mastercard in Brazil was announced by Richard Teng, Binance CEO.

Excited to announce the launch of the Binance Mastercard in Brazil!

Upholding our users at the center of our decisions, now millions of users in Latin America's largest country can seamlessly spend their crypto anywhere Mastercard is accepted.

Earlier this year, we had… pic.twitter.com/YrrG9mk2qZ

— Richard Teng (@_RichardTeng) October 1, 2025
Richard, in the X post, said that the launch of Binance Mastercard in the region aims to facilitate crypto spending. This can be done at points where Mastercard is accepted. Richard has called this a big step in the direction of financial inclusion and freedom.

Giggle Academy’s update, which has likely contributed to BNB price upswing, is about enabling tracking functionality. It allows users to track donation stats and expenses via Giggle Academy’s donation platform.

📊 Donation stats & expense tracking —
now available on Giggle Academy’s donation platform!
🌏Every drop makes the ocean, every spark lights the sky.Thanks for being part of this journey — a share goes a long way too! 💛
👉 https://t.co/LFRSbF7rWY pic.twitter.com/3rJnEZuNxm

— Giggle Academy (@GiggleAcademy) October 1, 2025
Suffice it to say, the update has boosted confidence among the community. Thereby, causing a ripple effect across the Binance ecosystem, including BNB price.

Slim Ranges for BNB Price
BNB price is currently one of the highest gainers on the list of top 10 global cryptocurrencies. Bitcoin token, the flagship crypto, could only rise by 1.29% during the day. Ethereum token shows a similar pattern, except it grew by 2.85% in the said time window.

Binance token stands second on the list when comparing price over the past 7 days. SOL marked an uptick of 18.65% and BNB of 17.70%. However, short-term BNB price prediction estimates that the token’s value could hover within a confined range for the next 30 days.

Binance token may rise by 5.20% for an approximate value of $1,154.71 amid the volatility of 6.63%. A closer estimate highlights the chances for the BNB price to move somewhere at $1,104.96.

It is important to note that the contents of this article are neither recommendations nor advice for crypto trading and investment.

Highlighted Crypto News Today:

Helium (HNT) Gains Momentum; Key Resistance Could Trigger Bigger Upside

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.

Ethereum is climbing back above $4,400, but the U.S. government shutdown could be the wild card.

After breaking out of a descending channel the Bitcoin price has just kept going, reaching as far as $121,000 before a trendline rejection. Is Bitcoin about to retrace to the top of the descending channel before a definitive surge that takes out the $124,000 all-time high?

A reversal back to the top of the ascending channel?

Source: TradingView

The short-term chart for $BTC shows that the price is currently being rejected from the bottom of a narrow ascending channel that had contained the price previously. While there is the possibility that the price could just bounce from the $119,450 support level and then keep rising, the $BTC price is very overbought in the short-term time frames, and even out to the daily time frame.

It would make sense for the bears to turn the rejection into a reversal. This downward impulse would then likely take the price back to the top of the big descending channel in order to test and confirm the breakout - a perfectly normal and healthy thing to do. Once the confirmation is made, and the price does not get sucked back into the channel, the real upside surge could begin, as illustrated by the possible trajectory of the green arrow.

At the bottom of the chart, the 4-hour Stochastic RSI indicator has started its journey back to the bottom. The 8-hour and 12-hour indicators should start to follow.

The 0.382 Fibonacci level - good zone for a bounce?

Source: TradingView

The daily time frame viewed with the Fibonacci extension lines illustrates likely levels for a bounce. The $BTC price is coming back down to the most shallow of these levels now, which is the 0.236. A healthier retrace would be to the 0.382, which would be likely to coincide with the top of the descending channel. That said, a bounce from the 0.382 Fibonacci level would be very bullish. A fuller retracement to the 0.618 is not as likely, given that this would mean the price going back into the channel, and a possible lower low being set.

At the bottom of the chart, the RSI indicator can be seen to be coming back to the descending trendline. If it does so, and bounces from there, this would likely match the price action above.

Entire bull market to date holds parabolic curve

Source: TradingView

The 2-week chart shows that the $BTC price has already got above the previous 2-weekly candle body tops. It also reveals that the whole of this Bitcoin bull market is holding nicely above a parabolic curve. Only once did the price dip below, and this was at the extreme bottom of the March 2025 31% reversal.

Towards the bottom of the chart, the Stochastic RSI indicators very much look as though they will confirm a cross-up at the end of this week, which would be a hugely bullish event. 

At the bottom of the chart, the RSI indicator is once more pushing up against the downtrend line. If it breaks through, this could coincide with a surge in the price action.

Just one note of concern - bearish divergence has been building since February 2024. In order to annul this, the Stochastic RSI indicators need to hit the top of their range, and the RSI indicator needs to get to the 88.00 level, surpassing the previous high.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

UC Berkeley's College of Engineering announced the launch of the Center for Digital Assets (CDA). It will be a new research hub that will use blockchain and digital twin technologies.

Stablecoins are growing rapidly, challenging traditional finance by offering faster, more efficient ways to move money. They are now attracting attention from major institutions, and experts predict that their role in the global financial system will only continue to expand.

All Fiat Could Become Stablecoins At the Token 2049 event in Singapore, Tether co-founder Reeve Collins said that he expects every fiat currency to become a stablecoin by 2030.

 “Even fiat currency will be a stablecoin. It’ll just be called dollars, euros, or yen,” Collins said.

He explained that stablecoins are essentially digital versions of existing fiat currencies running on blockchain rails. By 2030, he expects this change to be complete.

Stablecoins to Dominate Money TransfersCollins sees stablecoins becoming the dominant way to move money within the next five years, as tokenized assets offer clear advantages over traditional systems.

He believes that one of the most significant developments for crypto this year has been the U.S. government’s more positive stance toward the sector. This change has “opened the floodgates,” with banks and institutions rushing to explore blockchain and stablecoins. 

Collins said tokenized assets are easier to move, more transparent, and can give better returns than regular assets. He also noted the risks of going fully on-chain including vulnerabilities in blockchain bridges, smart contracts, and wallets, but added that security is steadily improving.

The Bigger Picture: All Assets Could Move On-ChainCollins is not the only one with this view. Coinbase CEO, Brian Armstrong also predicts that all assets will eventually move onto the blockchain. This shift could make financial transactions faster, cheaper, and more efficient, and transform the entire financial system.

Stablecoin Market Tops $300BThe timing of these predictions is significant. 

The stablecoin market has hit a new milestone, surpassing $300 billion in total capitalization for the first time. 

Tether’s USDT leads with a market cap over $176 billion, followed by Circle’s USDC at $74.3 billion and Ethena’s USDe at $14.8 billion. 

Citigroup has now updated its stablecoin market forecast and predicts a market capitalization of $1.9 trillion by 2030 under a base scenario, with an optimistic “bull case” reaching $4 trillion.

Stablecoin’s rise comes amid a broader crypto market rebound, with Bitcoin recently climbing toward $120K, up over 9% in the past week with major altcoins posting double digit gains this week.

Impact Beyond CryptoDefi and crypto analyst Patrick Scott noted that the rapid growth of stablecoins has broader economic implications beyond crypto. He explains that most stablecoins are backed by U.S. Treasuries. At the same time, many stablecoins are used largely outside the U.S., creating a new distribution channel for the dollar.

Total stablecoin market cap is going to hit $300 billion in the next 24 hours.

The implications of this go far beyond crypto:

1) The vast majority of these stables are backed by US Treasuries.

2) Stablecoins are used largely outside the US. They're a new distribution channel… pic.twitter.com/ej2rNbSZVv

— Patrick Scott | Dynamo DeFi (@patfscott) October 2, 2025 Together, he notes that stablecoins are adding hundreds of billions in incremental demand for T-Bills.

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Bitcoin ETFs are back in the green as price surges back to $120,000, signaling renewed institutional confidence amid hopes of further upside in Uptober.

Summary

Bitcoin ETFs have logged four consecutive days of inflows totaling $2.25 billion.
BlackRock’s IBIT leads the latest trading session with $466.55M in inflow, followed by Fidelity and ARK & 21Shares.
Bitcoin price soared to a $120,550 intraday high before retracing to $119,912.
BTC faces resistance at $120,550 with a potential rally to $123,000 if a breakout occurs.

Bitcoin has reclaimed the $120,000 mark for the first time in weeks, showing renewed strength across the crypto market. The leading digital asset surged to an intraday high of $120,550 before settling around $119,903 at press time, according to crypto.news data. On the daily and weekly charts, BTC has posted gains of 1.17% and 9.71%, respectively.

This strong price rebound has been accompanied by sustained institutional interest through spot Bitcoin (BTC) ETFs. Over the past four days between Sept. 29 and Oct. 2, Bitcoin ETFs recorded over $2.25 billion in inflows, underscoring renewed investor confidence. In the most recent trading session alone, inflows totaled $627.24 million.

Among the issuers, BlackRock’s IBIT led the pack with $466.55 million in inflows. Fidelity’s FBTC followed with $89.62 million, while ARKB, the joint offering from ARK and 21Shares, attracted $45.18 million.

Ethereum ETFs also joined the rally, pulling in over $1.06 billion over the same four-day period. However, their latest daily inflow of $307.05 million was still lower than that of their Bitcoin counterparts.

Bitcoin ETF inflows strengthen as price targets more upside
The ETF inflows, combined with the upward momentum in Bitcoin’s price, point to increasing investor optimism as October, often dubbed “Uptober” for its bullish trends, gains traction. Technical indicators reflect a strengthening market, with RSI currently sitting at 64.38, suggesting heightened buying pressure. The MACD histogram is also widening, and the signal line remains bullish, confirming continued momentum.

Bitcoin price chart | source: crypto.news
However, Bitcoin faces near-term resistance around $120,550. A daily close above this level could trigger further upside toward $123,000.

Conversely, if selling pressure emerges, BTC may revisit support near $117,000, a key area where buyers previously stepped in.As ETFs continue to draw investor capital and market sentiment improves, Bitcoin’s return to the $120,000 zone marks a key milestone in its ongoing recovery.

Litecoin price remained in an uptrend even as approval for the first spot Litecoin exchange-traded fund from Canary Capital has been delayed due to an ongoing U.S. government shutdown. However, analysts are certain the launch is still on track and only a matter of time.

Summary

SEC takes no action on Canary Capital’s spot Litecoin ETF on deadline day as U.S. government remained shutdown.
Analysts describe the delay as temporary, with expectations that the fund will launch once SEC operations normalize.
LTC price remained in an uptrend despite the ETF hiccup.

Canary’s spot Litecoin ETF delayed
The U.S. Securities and Exchange Commission was expected to deliver its decision on whether it would allow Canary Capital’s spot Litecoin ETF to begin trading; however, it took no action on the deadline day, and the new approval timeline remains unclear as of now.

Under the SEC’s 19b-4 process, October was packed with ETF deadline windows scattered throughout the month, especially after the agency had approved generic listing standards that reshaped how crypto-based ETFs are filed and reviewed.

Further, the SEC had withdrawn delay notices for several ETF applications, which provided further confirmation that the regulators were preparing to issue final decisions without further holdups.

Community members alongside analysts were all but certain that the Litecoin ETF would be approved on schedule, but the progress halted after the U.S. federal government shut down when Republican and Democratic politicians failed to resolve a budget dispute.

Currently, the SEC is “operating on a skeleton crew”, according to FOX News reporter Eleanor Terrett, which has slowed down its ability to process filings and respond to press inquiries.

“It’s unclear what remaining staff is working or what their priorities are at the moment,” Terrett wrote in an Oct. 3 X post, adding that since the SEC has asked issuers to withdraw their 19b-4 filings, the deadlines technically “no longer matter” and approval now hinges solely on the review and effectiveness of the S-1 registration statements.

Several ETF issuers have filed amended S-1 registration statements to comply with the updated framework, and at the time, it is unclear whether the current delay is due to the ongoing shutdown or simply a result of the SEC adjusting to its new internal processes following the shift away from the 19b-4 pathway. Canary, for instance, withdrew its application for the LTC ETF on Sep. 25.

Nevertheless, analysts were largely unfazed by the lack of immediate action.

“We are uncertain about what’s happening at this exact moment. That said — we do still think they’ll launch in the near future,” Bloomberg analyst James Seyffart said in an earlier post.

Meanwhile, fellow ETF analyst Eric Balchunas has framed the situation as more of a “rain delay,” likely suggesting that a decision is expected to come once the SEC regains full operational capacity.

Litecoin price remains in an uptrend
In line with the broader market sentiment that the ETF launch is still viewed as inevitable, and with the current highly bullish environment across digital assets, LTC price continued to trade above major support levels near a two-month high of $122.36 after dipping less than 1% in the past 24 hours at press time.

Litecoin has been in a steady uptrend since the start of the month on ETF hopes, and the slight correction today is most likely a routine consolidation rather than a signal of a broader reversal.

According to analysts at crypto.news, if Litecoin price manages to break past the resistance zone around $121, it could open the door for a run higher. At press time, it was trading slightly below that mark at $117.76 after retesting that level earlier in the day.

$121 is a key short-term resistance level for Litecoin price — Oct. 3 | Source: crypto.news

Solana price has been in a strong bull run this year and is now hovering near its highest level in 2025. SOL was trading at $230, down slightly from $253, which it hit in September. This article explores the top reasons why the Solana coin has more upside in the coming months.

XRP is drawing renewed attention in the cryptocurrency market after on-chain data revealed that large holders—often referred to as whales—accumulated more than 250 million XRP within just two days. This sudden wave of buying is being interpreted by analysts as a sign of growing confidence among institutional and high-net-worth investors.

Ripple CEO Brad Garlinghouse addressed concerns from the XRP community after SWIFT’s recent announcement about entering blockchain technology. The update came in an exclusive shareholder letter shared by Jake Claver.

SWIFT revealed plans to use a Layer 2 blockchain built on Ethereum called Linea, with an initial focus on smart contracts and a potential stablecoin. While SWIFT has not confirmed that their stablecoin will run on Ethereum, some in the community assumed this would be the case.

Garlinghouse Calls SWIFT Move a Marketing PlayGarlinghouse reassured XRP holders that Ripple’s journey with the XRP Ledger is far from over. He described SWIFT’s announcement as more of a marketing play ahead of their annual conference rather than a fully developed product.

He said that while Ripple once considered SWIFT a major competitor, the company has spent years building robust digital asset infrastructure, expanding payments, custody solutions, stablecoins, and more on the XRP Ledger.

“In the time it has taken SWIFT to announce a prototype, we’ve been building real products and expanding our infrastructure globally,” Garlinghouse said.

Network Effect Gives XRP an EdgeA major concern among XRP investors is whether SWIFT or other companies could copy XRP’s code to create their own blockchain solutions. Garlinghouse explained that simply copying the XRP Ledger does not replicate Ripple’s network effect.

For over 13 years, Ripple has onboarded central banks, financial institutions, and other users onto the XRP Ledger. This adoption creates a network that competitors cannot easily replicate.

He added that major financial players like JP Morgan have also chosen Ethereum for smart contracts and blockchain products, not because XRP’s code is inferior, but because widespread adoption and infrastructure matter more than the technology itself.

The CEO’s message to shareholders was clear: Ripple is confident in the XRP Ledger’s future and believes competitors cannot match the ecosystem Ripple has built.

The update reassured many in the XRP community who were concerned that SWIFT’s blockchain plans might threaten Ripple’s position. Analysts and investors noted that experience, adoption, and trust with central banks give XRP a long-term advantage over newly announced blockchain projects.

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Dogecoin’s daily chart is coiling into a technically clean inflection, according to trader IncomeSharks, who posted a rising channel and an on-balance volume (OBV) wedge that together map a straightforward route to higher levels. “DOGE – Not a bad setup. Obvious channel and clear OBV wedge. Ideally OBV will break out before price,” the analyst wrote, sharing the chart that frames the current advance.

Dogecoin Breakout Watch: $0.33 Trigger On Deck
Price has been respecting a well-defined ascending channel that has governed trade since early summer. Multiple touches on both boundaries validate the structure: higher lows along the lower trendline from July through early October, and lower-high rejections against the upper rail through mid-July, late August, and late September.

Dogecoin price analysis | Source: X @IncomeSharks
After a fresh rebound off the rising support area at the start of October, DOGE has pushed back into the channel’s mid-range, where it typically pauses before the next impulse. IncomeSharks’ path sketch envisions a brief consolidation or shallow pullback inside the channel, followed by a drive toward the ceiling.

The destination is explicit on the chart. The upper boundary currently intersects in the low-to-mid $0.30s, and the drawing marks a breakout attempt between roughly $0.32 and $0.33. That zone represents confluence: it’s where the rising channel’s resistance comes into play and where late-September supply capped the prior thrust. A decisive daily close through that band would confirm a bullish channel breakout and leave the door open for a run towards the early December 2024 high at $0.4843.

Volume dynamics are the tell to watch. The lower panel plots OBV, a cumulative measure of buy/sell pressure, compressed into a symmetrical wedge: a gently rising base since mid-July and a descending lid drawn off the July and September OBV peaks. This kind of narrowing range in OBV often precedes a directional expansion.

IncomeSharks’ comment underscores that sequencing: an OBV breakout ahead of price would signal fresh accumulation and improve the odds that price follows with a push to the channel’s top. Conversely, failure of OBV at its wedge support would warn that the rebound lacks sponsorship, increasing the risk of another test of the lower channel line.

Structurally, the setup is straightforward. As long as DOGE continues to hold the rising support that has defined the trend since July, the path of least resistance remains up within the channel. A clean OBV break of its wedge would strengthen that view.

If bulls can then clear overhead supply and convert the $0.32–$0.33 band into support, the chart would confirm the breakout roadmap IncomeSharks outlined. If instead price loses the ascending base, the channel thesis would be invalidated and the market would likely revisit prior higher-low areas along the lower rail before attempting another trend leg.

At press time, DOGE traded at $0.2559.

Dogecoin price, 1-day chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chartfrom TradingView.com

On-chain data shows that BNB has hit an all-time high of $1,111.61, and is up 7.45% to $1,110 in the last 24 hours. The digital asset has seen a 17.6% surge in the last 7 days, and is up by 100% for the last 12 months.

CoinGlass data shows $396 million in positions were liquidated across the BNB market over the past 24 hours. There were $268 million in short liquidations and $127 million in long liquidations.

U.S. government shutdown fuels BNB momentum 

ATH szn in full swing 🫡

1 BNB = $1111 pic.twitter.com/69l8eEPgY3

— BNB Chain (@BNBCHAIN) October 3, 2025

BNB’s surge in price to ATHs echoes the broader crypto market gains as Uptober euphoria builds. The surge follows an unexpected drop in U.S. private payrolls that adds to a growing list of signals that the Fed may begin easing monetary policy sooner than expected.

Official jobs data paused on Thursday due to the ongoing U.S. government shutdown. Traders have leaned heavily on the weak ADP report, which showed a 32,000 job decline in September against expectations for a 50,000 gain. As the government shutdown halts official labor data, it leads to increased bets on rate cuts.

The CME FedWatch tool shows there’s a 97.8% chance the Fed may cut interest rates by another 25 bps at the October 29 Fed meeting. The central bank also expects another rate cut before year-end during the December 10 Fed meeting.

“Markets appear to have responded with relative stability in the first 24 hours following the U.S. government shutdown. It’s worth noting that during the last major shutdown in 2018-2019, which lasted 35 days, markets remained largely resilient, and we may see similar dynamics this time.”

-Philipp Zentner, CEO and Founder of LIFI Protocol

As the shutdown drags on and economic signals decline, investors appear to be turning to alternative assets, such as gold and cryptocurrencies like BNB. XYO co-founder Markus Levin argued that the market is entering one of Bitcoin’s historically most dynamic months and that traders should be prepared for volatility.

BNB Chain reduces its gas fees

Today, all BNB Smart Chain (BSC) validators and builders have adopted the new minimum gas price of 0.05 Gwei and BSC is fully ready to accept transactions at this rate.

That’s ~$0.005 per transaction, making BSC one of the most cost-efficient blockchains in crypto.

What this… https://t.co/qEAHIUHVRI pic.twitter.com/56g86yHgWN

— BNB Chain (@BNBCHAIN) October 1, 2025

BNB’s outperformance of the wider market was also fueled by token-specific catalysts. The asset reduced its minimum gas fees earlier this week from 0.1 Gwei to 0.05 Gwei, making the network one of the cheapest among other blockchains. The proposal follows previous decisions in April 2024 to reduce the gas price from 3 Gwei to 1 Gwei, and again in May 2025 to lower it to 0.1 Gwei.

Validators on the proposal also reduced block intervals from 750 milliseconds to 450 milliseconds. The validators are now proposing that gas fees should be reduced to ~$0.005 per transaction to make the virtual asset more competitive with chains like Solana and Base.

BNB Chain validators also stated that APY remained stable above 0.5%, supported by higher trading activity and the digital asset’s price growth. They noted that trading is currently the dominant activity on BNB Chain – and gas fees matter most for traders.

Validators proposed that the asset strive to have the lowest gas fees possible, as long as the staking APY remains above 0.5%. They stated that the initiative strikes a balance between network growth and validator rewards, ensuring long-term sustainability.

The validators revealed that their goal is for gas fees to drop to $0.001 per transaction, representing a more than 90% reduction from past levels and aligning with the most competitive chains. The digital asset’s activity is dominated by trading-related transactions, surging from 20% at the start of 2025 to 67% by June.

Kazakhstan’s state-backed Alem Crypto Fund also named BNB as its first investment asset. Kazakhstan’s government website revealed that it established the crypto reserve in partnership with Binance.

The country did not specify the amount of BNB purchased to seed the fund and didn’t provide further details about potential other digital asset investments. The Ministry of Artificial Intelligence and Digital Development established the Alem Crypto Fund, while the Qazaqstan Venture Group, under the Astana International Financial Centre (AIFC), manages the reserve.

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Stay updated with live crypto market news! Bitcoin price climbed close to $120K. BNB hit a new all-time high. What else is happening on Oct. 3?

Tether, the world’s largest stablecoin issuer, is making a bold push back into the U.S. market with the launch of its new USAT stablecoin. To drive adoption, the company is teaming up with Rumble, a video platform with a strong U.S. user base. The move signals Tether’s ambition to challenge rivals like Circle’s USDC and PayPal’s PYUSD in a space that remains highly competitive.

Rumble Partnership as the GatewayAt the Token2049 event, Tether CEO Paolo Ardoino revealed that Rumble will soon roll out a crypto wallet powered by Tether’s infrastructure. This wallet will directly support USAT, giving Rumble’s 51 million monthly active users, most of whom are in the U.S., easy access to the new stablecoin.

“The aim here is to prove how we can convert 51 million active users, mostly in the United States, to use stablecoins within the U.S., the most sophisticated country for financial rails,” Ardoino said.

The integration builds on Tether’s earlier $775 million investment in Rumble, which secured the company a 48% ownership stake. With this partnership, Tether is betting that Rumble’s pro-crypto audience will help accelerate adoption in ways that traditional financial platforms cannot.

Why USAT MattersUnlike Tether’s flagship USDT, which is widely used in global crypto markets but faces regulatory challenges in the U.S., the new USAT is designed specifically for the American market. It will be fully regulated and dollar-backed, giving it credibility in a region where compliance is essential for growth.

By embedding USAT into a consumer-facing platform like Rumble, Tether hopes to normalize stablecoin use in everyday digital environments. If successful, this strategy could position USAT as more than just a trading tool; it could become part of how millions of Americans interact with money online.

A Shot at the U.S. Stablecoin CrownThe U.S. stablecoin space is already crowded, with Circle’s USDC enjoying strong institutional adoption and PayPal’s PYUSD aiming for mass-market reach. Tether’s challenge will be to carve out a distinct role for USAT and prove it can win over U.S. users.

Still, Tether’s approach is ambitious. By tying its stablecoin to a popular video streaming platform, the company is attempting to bridge entertainment, finance, and crypto in one ecosystem. If USAT gains traction, Tether could not only reestablish itself in the U.S. but also reshape how digital platforms integrate financial tools.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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The U.S. government has entered its first shutdown in almost seven years, raising worries for thousands of workers without pay, weaker spending, and leaving investors uncertain about what comes next.

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Thailand’s Securities and Exchange Commission (SEC) is preparing new rules to allow local spot crypto-based exchange-traded funds (ETFs) and expand the potential lineup beyond Bitcoin (BTC).

Thai SEC To Widen ETF Lineup With New Rules
On Wednesday, Thailand’s SEC Secretary-General, Pornanong Budsaratragoon, revealed that the regulatory agency is working to expand its crypto ETF plans beyond Bitcoin and include other digital assets in the coming months.

In an interview with Bloomberg, the regulator stated that the SEC and other agencies are drafting new rules to allow local mutual funds and institutions to offer digital asset-based ETFs for the first time, with the rollout expected for early 2026.

It’s worth noting that Thai investors can currently gain exposure to these products by investing in funds managed by licensed asset management companies that invest in overseas crypto ETFs.

In June 2024, Thailand’s SEC officially approved One Asset Management to launch a fund-to-fund Bitcoin ETF, which allows institutional investors to gain exposure to BTC-based investment products listed overseas.

In January, the Secretary-General unveiled that the regulatory agency was evaluating the listing of local spot Bitcoin ETFs to strengthen the country’s digital assets market, affirming the regulator’s intention to permit both individuals and institutions to invest in locally listed Bitcoin ETFs.

“We have to adapt and ensure that our investors have more options in crypto assets with proper protection,” she explained at the time. The new rules would go beyond the current limitations and expand the potential ETF lineup to a broader basket of crypto assets.

“Our possibility now is to broaden the criteria for the crypto such as a basket of cryptocurrencies,” Pornanong told Bloomberg. “We want to have broader supply of those crypto assets in the ETFs.”

Thailand Continues Crypto Hub Efforts
The Secretary-General also highlighted investors’ desire to diversify their portfolios and adopt digital assets as part of their investment strategies, especially among young people, noting that the agency’s main task is to “facilitate” that demand under a legal framework.

Thai regulators have been accelerating their efforts to become a regional crypto hub, the report stated, developing multiple policies aimed at making tokenized products mainstream investment choices.

Earlier this year, the SEC, alongside the Bank of Thailand (BOT), introduced a crypto sandbox in tourist areas to enhance the country’s appeal as a tech-savvy destination, promote innovation, and the use of digital assets to boost the economy and tourism industry.

As reported by Bitcoinist, the TouristDigiPay sandbox, launched in August, aims to facilitate the conversion of digital assets into Thai Baht for the spending purposes of foreign visitors, allowing Bitcoin and digital assets as payment methods in tourist areas to drive adoption.

Moreover, the regulatory agency has also proposed rule changes to provide crypto exchanges with flexibility while enhancing investor protection and oversight, allowing digital asset platforms to list their utility tokens or tokens issued by affiliated entities.

Meanwhile, Thailand’s Deputy Finance Minister, Julapun Amornvivat, shared a plan to drop capital gains tax on digital assets for five years. The minister announced that, starting January 1, 2025, until December 31, 2029, investors who sell their assets through licensed crypto service providers won’t have to pay taxes on the profits.

Bitcoin (BTC) trades at $118,897 in the one-week chart. Source: BTCUSDT on TradingView
Featured Image from Unsplash.com, Chart from TradingView.com

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Multiple spot ETF issuers are facing a final decision this month – Solana price predictions are flashing the last buy opportunity before a breakout.

Item 1 of 5 Firefighters work to contain a large fire that broke out at the Chevron refinery, in El Segundo, California, U.S., October 2, 2025. REUTERS/Daniel Cole

[1/5]Firefighters work to contain a large fire that broke out at the Chevron refinery, in El Segundo, California, U.S., October 2, 2025. REUTERS/Daniel Cole Purchase Licensing Rights, opens new tab

CompaniesOct 3 (Reuters) - A fire broke out at Chevron's El Segundo refinery, one of the largest on the U.S. west coast, California Governor Gavin Newsom's press office said on Thursday, with a county official adding that the flames had been confined to one area.

The cause of the blaze was not clear, the Los Angeles Times said, while broadcaster CBS said officers and firefighters rushed to the refinery in Los Angeles county after reports of an explosion.

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"Our office is coordinating with local and state agencies to ... ensure public safety," Newsom's press office said on X.

CBS cited police as saying they were not aware of any immediate injuries or evacuations, adding that Los Angeles county supervisor Holly Mitchell had said crews contained the fire to one area of the refinery.

In a regulatory filing, the U.S. energy major also reported emergency flaring at El Segundo.

The refinery's rated capacity is 290,000 barrels per day, and its main products are gasoline, jet and diesel, Chevron says on its website. Its total storage capacity is 12.5 million barrels in about 150 major tanks.

The Los Angeles fire department is ready to assist with any request for aid, Mayor Karen Bass said.

"There is no known impact to LAX at this time," she added referring to the city's busy international airport.

Reporting by Shivani Tanna and Anmol Choubey in Bengaluru; Editing by Clarence Fernandez

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Boeing's 777X is slated to fly commercially for the first time in early 2027 instead of next year, people familiar with the matter said. Analysts estimate the non-cash accounting charge could run from $2.5 billion to as much as $4 billion, though Boeing has not detailed the extent of the cost.

LONDON--(BUSINESS WIRE)--According to the latest analysis from Omdia’s Large-area display market tracker - 3Q25 with 2Q25 results, large-area display (above 9-inch) unit shipments are forecast to increase by 2.8% year-over-year (YoY) in 2025. This growth comes despite projected declines in the TV and monitor markets and is driven by strong performance in mobile PC displays for notebooks and tablets.

"The market is seeing a major divergence driven by regional strategies," said Peter Su, Principal Analyst at Omdia.

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Mobile PC Display Demand Offsets Decline in TV and Monitor Markets

Large-area LCD unit shipments are expected to increase by 2.2% YoY to 873.9 million units in 2025. While LCD TV and monitor displays are forecast to decrease by 3.4% and 1.8% YoY respectively, this is offset by significant growth in tablet and notebook PC LCD shipments, which are expected to increase by 17.5% YoY and 4.2% YoY.

The large-area OLED market is set for even stronger growth, with unit shipments forecast to grow by 19.0% YoY in 2025. This expansion is led by monitor and notebook PC OLEDs, which are projected to increase by 60.9% YoY and 45.9% YoY. In contrast, tablet PC OLED shipments are forecast to decrease by 2.3% YoY, though OLED TV display shipments are expected to see a 3.1% YoY increase.

“The market is seeing a major divergence driven by regional strategies. In the LCD space, Chinese panel makers are pursuing market share in IT displays by ramping up new Gen 8.6 IPS LCD fabs, while other makers, such as LG Display and Sharp, focus on profitability through restructuring,” said Peter Su, Principal Analyst at Omdia. “Simultaneously, in the OLED segment, Korean makers are expanding into IT applications like monitors and notebook PCs to compensate for weaker OLED TV performance. This allows them to leverage their strengths in the high-end tablet segment, growing shipments by 3.6% to clients like Apple and Samsung even as the overall tablet OLED market declines.”

Figure 1: Large-area display shipment latest forecast in 2025 (millions of units)

Applications

2023

2024

2025(F)

2024 YoY (%)

2025(F) YoY (%)

TV

241.8

250.0

241.9

3.4%

-3.2%

Monitor

150.2

161.9

160.3

7.8%

-1.0%

Notebook PC

190.5

216.8

230.0

13.8%

6.1%

Tablet PC

149.3

181.8

211.5

21.8%

16.3%

Others/PID

79.8

74.1

65.8

-7.2%

-11.2%

Total

811.6

884.6

909.4

9.0%

2.8%

Source: Omdia

© 2025 Omdia

2025 Market Share Breakdown: LCD vs. OLED Dominance

LCD shipments: China is forecast to account for 67.6% of total large-area LCD shipments in 2025, followed by Taiwan with 21.0% and Korea with 8.1%.

Key players: BOE is expected to lead with 37.1% of total large-area LCD shipments, followed by China Star with 16.8% and Innolux with 11.4%.

OLED shipments: Korea is projected to dominate with 83.7% of total large-area OLED shipments in 2025, followed by China with 16.3%.

Key players: Samsung Display is expected to lead with 54.3%, followed by LG Display with 29.4% and EDO with 13.9%.

Large-area display revenue: China is projected to dominate with 63.5% of total large-area display revenue in 2025, followed by Korea with 18.0% and Taiwan with 14.7%.

Key players: BOE is expected to lead with 29.7% of total large-area display revenue, followed by China Star with 20.2% and LG Display with 12.4%.

ABOUT OMDIA

Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients’ strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.

Vancouver, Canada – TheNewswire -  October 3, 2025 – Electrum Discovery Corp. ("Electrum" and/or the "Company") (TSX-V:ELY | FRA:R8N | OTC:ELDCF) is pleased to announce that further to its press release dated September 8, 2025, the Company has closed its over-subscribed, non-brokered private placement (the "Private Placement") for total gross proceeds of $1,608,077.

Dr Elena Clarici, President and CEO commented: "We greatly appreciate the steadfast support of our shareholders, in particular Crescat Capital which provided a cornerstone investment. With closing of this financing, Electrum is now well positioned to unlock value from both our gold and copper assets, located in some of Europe’s most prolific mineral districts. The proceeds from the financing will enable start of infill and expansion drilling at Novo Tlamino, while accelerating drill targeting at Timok East.  We thank all our shareholders, new and old for their continued support in sharing our vision of building Europe’s premier, next generation copper-gold explorer."

The Company issued 22,972,527 units ("Units") at a price of $0.07 per Unit. Each Unit consists of one common share in the capital of the Company (an "Offering Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share in the capital of the Company at an exercise price of $0.15 per common share for a period of two years from the date of issuance thereof.

Finder’s fees in the amounts of $12,246 in cash and 365,004 finder’s warrants were payable in connection with the private placement.

All securities issued in the Private Placement are subject to a four-month hold period expiring on February 3, 2026, in accordance with applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws in jurisdictions outside of Canada. The Private Placement remains subject to the final approval of the TSX Venture Exchange.

The proceeds from the private placement will be used to continue working on the Company’s Novo Tlamino and Timok East projects in Serbia as well as for working capital and general corporate purposes.

About Electrum Discovery Corp.

Electrum Discovery Corp. is a Canadian based, growth-oriented company, committed to increasing shareholder value through advancement of its two projects: gold-silver Novo Tlamino and copper-gold Timok East, located in two known mineralized districts within the prolific Western Tethyan Belt in the Republic of Serbia.

Electrum Discovery is looking to maximize the value of our mineral projects for all stakeholders including our shareholders, the local community and government, while fostering sustainability, governance, and knowledge transfer in the region.

Additional information on Electrum can be found by reviewing the Company's page on SEDAR+ at www.sedarplus.ca.

For more information contact:

Dr Elena Clarici, Chief Executive Officer and Director

T: +1 604 801 5432 | E: [email protected] | W: electrumdiscovery.com

Neither the 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.

Forward-Looking Statements

Certain statements contained in this news release constitute “forward-looking information” within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking information. Such statements include Company’s expected achievement of specified milestones, results of operations, and expected financial results of the Company. Often, but not always, this forward-looking information can be identified by the use of words such as "estimate", "estimates", "estimated", "potential", "open", "future", "assumed", "projected", "used", "detailed", "has been", "gain", "upgraded", "offset", "limited", "contained", "reflecting", "containing", "remaining", "to be", "periodically", or statements that events, "could" or "should" occur or be achieved and similar expressions, including negative variations.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Electrum, to be materially different from any results, performance or achievements expressed or implied by forward-looking information. Such uncertainties and factors include, among others, uncertainties inherent in the PEA and exploration results and the estimation of mineral resources; risks related to the failure to obtain adequate financing on a timely basis and on acceptable terms; changes in general economic conditions and financial markets; risks associated with the results of exploration and development activities, and the geology, grade and continuity of mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in Electrum's quarterly and annual filings with securities regulators and available under Electrum's profile on SEDAR+ at www.sedarplus.ca. Rock chips and surface results are early stage and there is no assurance that future exploration will find mineralization of further interest. Although Electrum has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking information contained herein is based on the assumptions, beliefs, expectations and opinions of management. Forward-looking information has been made as of the date hereof and Electrum disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information.