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2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
MSDL: From One Extreme To Another stocknewsapi
MSDL
Analyst’s Disclosure:I/we have a beneficial long position in the shares of MSDL 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.
2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
Workday Completes Acquisition of Paradox stocknewsapi
WDAY
Workday Paradox Candidate Experience Agent Now Available, Powering Faster, More Human Hiring Across Frontline and High-Volume Roles

With Paradox, HiredScore, and Workday Recruiting, Workday Now has a Powerful End-to-End, AI-Powered Talent Acquisition Suite to Drive Faster Hiring and Better Candidate Experiences

, /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced it has completed its acquisition of Paradox, a candidate experience agent that uses conversational AI to simplify every step of the job application journey, particularly for frontline industries. 

With Paradox, Workday now has a unified end-to-end AI-powered talent acquisition suite that helps companies hire faster, improve recruiter efficiency, and deliver a better candidate experience every step of the way. 

"As competition for talent intensifies, hiring needs to be quick, personal, and engaging," said Aashna Kircher, group general manager for the office of the CHRO, Workday. "By bringing Paradox into Workday, we're making that possible for our customers by enabling them to move faster and deliver a better candidate experience – for every type of worker, and every type of role – from the frontline to the back office."

"We built Paradox to make hiring simpler and more human with AI," said Adam Godson, CEO, Paradox. "Joining Workday means we can bring that vision to more organizations, helping recruiters spend less time on repetitive tasks and more time building real connections with candidates."

Reimagined Human-Centered Hiring

Paradox delivers exceptional candidate experiences at scale, giving applicants a personalized, high-touch experience powered by AI. Its AI agent streamlines the hiring process by providing candidates with instant responses, self-scheduling capabilities, and 24/7 support in a natural conversational experience. This simplifies complex tasks like applications, scheduling, and interview coordination, helping companies fill high-volume roles faster and allowing recruiters to spend more time building relationships, engaging top talent, making human-centered hiring decisions, and supporting business needs.

The Ultimate AI-Powered Hiring Solution 

Combining Workday Recruiting with the best-in-class AI capabilities of HiredScore and Paradox gives Workday a complete, AI-powered suite to make hiring faster and more human — from smarter talent discovery with HiredScore, to engaging candidate conversations with Paradox, to seamless hiring and onboarding with Workday Recruiting. The result: one unified, intelligent platform that helps organizations find the right people and build stronger teams.

Expanding Workday's AI Agent Portfolio

The Workday Paradox Candidate Experience Agent is available for purchase now for both existing and new customers through Workday or Paradox. This new agent joins Workday's growing portfolio of purpose-built AI agents, including those announced last month at Workday Rising.

For Additional Information

Read the blog, "Workday + Paradox: Redefining the Frontline Candidate Experience" 
Read the press release announcing Workday's intent to acquire Paradox here.

About Workday
Workday  is the enterprise AI platform for managing people, money, and agents. Workday unifies HR and Finance on one intelligent platform with AI at the core to empower people at every level with the clarity, confidence, and insights they need to adapt quickly, make better decisions, and deliver outcomes that matter. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than 65% of the Fortune 500. For more information about Workday, visit workday.com.

Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.

Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.

© 2025 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.

SOURCE Workday Inc.

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2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida stocknewsapi
NXXT
MIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- NextNRG (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced the launch of its mobile fueling operation’s newest hub in Fort Myers, Florida, further extending its nationwide footprint. The expansion establishes a fully operational presence in a region home to major e-commerce distribution centers supporting national fulfillment networks, positioning NextNRG to serve the area's growing commercial demand.

NextNRG's entry into the region positions the company to serve both large commercial clients and a growing network of local businesses, supporting continuous operations that keep fleets, generators, and equipment running efficiently.

The Fort Meyer’s hub reflects NextNRG's nationwide growth strategy: anchoring large commercial clients while expanding a local customer base around each hub. With this launch, NextNRG continues to broaden its footprint across Florida’s Gulf Coast, while expanding its national footprint. By strategically growing its presence, the company continues to strengthen its unique position, offering a complete end-to-end suite of energy solutions for both commercial and individual customers. This expansion reflects the broader momentum behind NextNRG’s operations, as the company’s growth trajectory has accelerated throughout 2025, with revenues surpassing last year’s figures and strong projections pointing toward record performance by fiscal year-end. This growth has been driven by the company’s ability to scale operations consistently while maintaining operational efficiency and reliability through strategic business initiatives.

“Expanding into Fort Myers demonstrates our continued growth across Florida and nationwide,” said Michael D. Farkas, Executive Chairman and CEO of NextNRG. “Establishing our presence in a region with significant e-commerce and commercial fleet activity positions us to capture demand from high-volume operations while building local customer density. Our mobile fueling services, together with our integrated energy solutions, enable businesses to operate more efficiently at scale. With strong momentum across our operations, we're confident in the strong growth ahead.”

About NextNRG, Inc.

NextNRG Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.

At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.

To learn more, visit www.nextnrg.com.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

Investor Relations Contact

NextNRG, Inc.
Sharon Cohen
[email protected]
2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
Positron Corporation Wins Innovation Award in PET-CT Category from Medical Device Network's Excellence Awards 2025 stocknewsapi
POSC
Buffalo, NY, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Positron Corporation (“Positron” or the “Company”) (OTC: POSC), a leader in molecular imaging technology and services, today announced that it has won the Innovation Award in the PET-CT Imaging category in the 2025 Medical Device Network Excellence Awards for making a substantial impact on the evolution of PET-CT imaging technology. The company’s latest PET-CT systems have introduced significant advancements in affordability, workflow, and clinical application.

The Medical Device Network Excellence Awards honor the most significant achievements and innovations in the global medical devices industry. Powered by GlobalData’s business intelligence, the Awards recognize the people and companies leading positive change and shaping the future of the industry.

Positron won the award for making hybrid molecular imaging more accessible, efficient, and clinically versatile for healthcare providers.

Expanding access through affordability and compact design

One of the most persistent challenges in the adoption of PET-CT imaging has been the high cost and substantial space requirements of traditional systems. Positron has addressed these barriers by developing PET-CT solutions that are economically accessible and physically adaptable to a wider range of healthcare environments. Positron’s PET-CT 64 Slice stands out as the most cost-effective PET-CT system currently available in the US, offering a lower price point that enables smaller clinics and community hospitals to consider advanced hybrid imaging for the first time.

The affordability is further supported by flexible rental and service options, which reduce the need for significant upfront investment. Positron offers all-inclusive rental packages, which cover not only the scanner but also clinical, technical, and training services, making it feasible for facilities with limited capital resources to implement PET-CT technology.

Driving workflow efficiency and operational performance

Operational efficiency is a critical factor for imaging providers, especially as patient volumes increase and healthcare systems seek to maximize throughput without sacrificing quality. Positron’s PET-CT systems are engineered to streamline workflow at every stage of the imaging process. The integration of CT attenuation correction, for instance, not only improves image quality but also accelerates scan times, enabling facilities to perform up to 20 or more exams per day – substantially higher than the throughput of standalone PET systems.

Enhancing clinical versatility and diagnostic confidence

Modern healthcare increasingly demands imaging platforms that can address a broad spectrum of clinical needs. Positron’s PET-CT systems are designed to support advanced cardiac, oncology, and neurology imaging within a single, versatile platform. Positron’s PET-CT is optimized for myocardial perfusion imaging — a critical tool in the assessment of coronary artery disease and microvascular dysfunction — but also offers high sensitivity and specificity for tumor detection and neurological evaluation.

Positron’s commitment to ongoing innovation is evident in its development pipeline. The forthcoming Affinity 4D PET-CT system, expected to be launched in Q4 2025, will introduce further advances such as LYSO crystal technology for enhanced image clarity, AI-enhanced motion monitoring, and advanced dose reduction techniques. This sustained focus on product development ensures that Positron’s systems remain responsive to evolving clinical requirements and continue to set new standards in hybrid imaging.

“Positron’s unmatched combination of technology, service, and economics offers practices the best value and a clear path to long-term sustainability and growth”, added Mr. Abdullah.

Link to the full article:

https://www.medicaldevice-network.com/excellence-awards/featured-company/positron-pet-ct-64-medical-imaging-excellence/

About Positron Corporation

Positron Corporation is a medical technology company that co-develops, manufactures, and sells state-of-the-art PET and PET-CT imaging systems and clinical services to nuclear medicine healthcare providers throughout North America.

Positron specializes in the field of cardiac Positron Emission Tomography (PET) imaging, the gold standard in cardiac diagnostics. Positron’s innovative PET/PET-CT technologies, clinical services and practice solutions enables healthcare providers to accurately diagnose coronary artery disease and improve patient outcomes while practicing cost effective medicine.

Positron's PET and PET-CT imaging systems and distinct market position are substantial advantages unique to Positron that will facilitate the adoption of cardiac PET and the growth of the nuclear imaging market. Positron will soon offer a state-of-the-art PET-CT 4D molecular imaging device in the Affinity PET-CT 4D 64-Slice. Positron’s PET-CT(s) will enable nuclear cardiologists to utilize the full capabilities of molecular imaging and nuclear medicine. Positron’s PET-CT systems will also enable the Company to fully service and meet the demands of the vast oncology imaging segment of nuclear medicine. 

Positron is committed to expanding the cardiac and oncology PET modality by delivering the best technology and value to imaging specialists and will continue to advance its technology through its co-developer, supplier, and R&D venture with Shenyang Intelligent Neuclear Technology Co. a subsidiary of Neusoft Medical Systems.  

Please visit the Company’s website at: www.positron.com

Forward-Looking Statements                             
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Positron Corporation, and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results even if new information becomes available in the future.

FOR FURTHER INFORMATION, please visit the company’s website at www.positron.com, or contact: [email protected]

Investor Relations Contact:
Skyline Corporate Communications Group, LLC
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
[email protected]
2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
Concorde Career Colleges Celebrates National Dental Hygiene Month by Offering No-Cost Dental Services to Local Communities stocknewsapi
UTI
Dental cleanings, screenings, and education for kids ages 4 to 17 to spotlight the importance of oral care access

, /PRNewswire/ -- October is National Dental Hygiene Month, and Concorde Career Colleges is celebrating by hosting no-cost community events at select campuses. The initiative not only honors the dental hygiene profession but also underscores the importance of preventive care and expanding access to oral health services for children and families.

According to the CDC , approximately 57 million Americans live in areas with too few dental providers to meet residents' needs. The current disparities in access to oral healthcare demonstrate the urgent need for greater investments in training to expand the dental care workforce nationwide.

On Monday, October 13, Concorde's dental hygiene programs at select campuses will host pediatric Making Smiles events, providing preventive dental services for children ages 4 to 17, such as X-rays, dental cleanings, fluoride applications, sealants, and dental kits filled with oral care essentials, at no cost.

Care is provided by Concorde dental hygiene students under the supervision of licensed dental professionals and faculty members. Events are made possible through the generous support of sponsors PDS Health, Heartland Dental, and Liberty Dental Plan.

"Concorde Career Colleges is proud to serve our communities by helping bridge the gaps in oral health care access," said Kevin Prehn, President of Concorde Career Colleges. "These events allow our students to provide meaningful care while gaining valuable hands-on patient experience, and we're grateful to our sponsors for joining us in this important initiative."

On Monday, October 13, the following Concorde campuses are hosting events with no-cost dental services (advanced registration is required):

Making Kansas City Smile (Kansas City, Missouri)

Registration: concorde.fyi/KC-Smile 

Making Miramar Smile (Miramar, Florida)

Registration: concorde.fyi/Miramar-Smile
This location is also accepting appointments for seniors ages 60+.

Making Tampa Smile (Tampa, Florida)

Registration: concorde.fyi/Tampa-Smile 

Making San Diego Smile (San Diego, California)

Registration: concorde.fyi/SanDiego-Smile
This location is also accepting adult and senior appointments.

Making San Bernardino Smile (San Bernardino, California)

Registration: concorde.fyi/SB-smile 

Appointments are available on a first-come, first-served basis. Two locations, noted above, will also open appointments for adults and seniors.

Concorde's commitment to community dental care access extends beyond National Dental Hygiene Month. At the 14 campuses that offer dental hygiene programs, Concorde operates year-round Dental Hygiene Clinics, which provide low-cost preventive care to local residents, helping address unmet dental health needs for children, adults, and seniors. Clinic hours vary by location.

About Concorde Career Colleges

Concorde Career Colleges, the healthcare division of Universal Technical Institute, Inc., (NYSE: UTI), operates 17 campuses across eight states and online under the brands Concorde Career College and Concorde Career Institute to prepare America's next generation of health care and dental professionals for rewarding careers. The Concorde blended education model combines online coursework with in-person lab classes and clinical settings. Concorde's student-focused academic programs and personalized support prepare graduates for in-demand careers in nursing, dental, respiratory, diagnostic and other healthcare roles. Concorde is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC) and the Council on Occupational Education (COE). For more information, visit concorde.edu and uti.edu; LinkedIn at @Concorde Career Colleges and @UniversalTechnicalInstitute; or X at @ConcordeCareer and @news_UTI.

Media Contact:
Sharon Rolenc
[email protected]
612-720-2083

SOURCE Concorde Career Colleges

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2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
TMX Group Acquires Verity stocknewsapi
TMXXF
Addition of US-based provider of investment research management solutions and data intelligence brings important new investor-focused capabilities to TMX Datalinx, advances global growth strategy
October 01, 2025 9:15 AM EDT | Source: TMX Group Limited
Toronto, Ontario--(Newsfile Corp. - October 1, 2025) - TMX Group today announced it has acquired Verity, a leading buy-side investment research management system, data, and analytics provider. The acquisition enhances TMX Datalinx's client offering, strengthening its position in delivering global investment-grade data, insights, and investment workflow tools across equities, fixed income, and private assets.

"The addition of Verity strengthens our ability to serve a growing global client base, including the world's top investment firms, by helping them to optimize and act on their most valuable asset - their intellectual capital - while enriching workflows with best practices and continuous innovation," said Michelle Tran, President of TMX Datalinx. "Verity brings dynamic new financial data and proprietary analytics, including insider activity, buybacks, executive compensation, institutional holdings, and proven financial industry experts to our team. Together, we look forward to introducing these exciting new capabilities to more than 5,000 TMX Datalinx clients around the world."

Verity's two core product offerings are VerityRMS, a market-leading research management system, and VerityData, featuring enhanced datasets and insights primarily focused on public equity filings. TMX Datalinx plans to continue advancing VerityData and VerityRMS, including their artificial intelligence capabilities, to enhance client investment outcomes and realize operational efficiencies.

"Joining TMX Group unlocks the next chapter for Verity, its products, and its global customer base," said Andrew Robson, Verity CEO. "Verity has long been trusted by institutional investors who want to move from insight to action faster and with more confidence. As part of TMX Datalinx, we're able to better deliver on that mission. I'm excited for our employees, our customers, and for the future ahead."

For more information about Verity, visit www.verityplatform.com.

Solomon Partners served as exclusive financial advisor to Verity.

About TMX Group (TSX: X)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268595
2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
Optavise and Rula Partner to Improve Workforce Access to Mental Health Services stocknewsapi
CNO
Partnership underscores shared commitment to workforce wellness and reduced barriers to behavioral healthcare

, /PRNewswire/ -- Optavise, a leading provider of employee benefits services, offering personalized expert guidance backed by technology, today announced a strategic partnership with Rula, a nationwide behavioral healthcare provider group dedicated to making high-quality mental healthcare accessible to all.

Rula Logo

Through this partnership, Optavise Clear clients can access Rula's extensive network of licensed behavioral health professionals, making it easier for employees and their families to connect with care when they need it most. The solution is available at no additional cost to Optavise Clear clients.

"Optavise is proud to partner with Rula to expand access to mental health services for today's workforce, making it easier for employees to receive support when they need it most," said Joshua Madson, Head of Worksite Strategy at Optavise. "Our partnership reinforces our commitment to helping employers and employees make better health and financial decisions. By integrating Rula's behavioral health solution into Optavise Clear, organizations can deliver a more comprehensive benefits experience that supports overall workforce wellness and employee satisfaction."

The collaboration further strengthens Optavise Clear's comprehensive solution by enhancing mental healthcare access for employees, simplifying their wellness experience and providing a streamlined connection to trusted care.

Key benefits provided through the partnership include:

An in-network behavioral health solution for employees and their family members ages 5+.
Rapid appointment availability—typically within three days for talk therapy.
A guided scheduling experience with automatic multi-appointment booking, ensuring continuity of care.
Rigorous clinical quality standards backed by Rula's evidence-based, outcome-driven approach to care.
Rula's mission is to create a world where every person can access high-quality mental health care, with over 21,000 licensed providers and more than 170 million people covered through in-network partnerships. Rula is dedicated to making the mental healthcare journey easier by treating the whole person, not just the symptoms.

"At Rula, we believe that mental health care should be as accessible and seamless as any other essential health service," said Gabe Diop, co-founder of Rula. "We thank Optavise for their partnership and shared commitment to helping employees and their families connect with trusted providers when they need it most."

About Optavise
Optavise provides personalized employee benefits solutions to help employers and their employees optimize their benefits and make better health and financial decisions. Optavise offers a unique combination of innovative technology, flexible voluntary benefits, and experts who educate and communicate with employees about their benefits. A part of the CNO Financial Group (NYSE: CNO) family of brands, Optavise operates through direct sales to employers and a nationwide network of more than 10,000 broker partners and over 600 dedicated agents that serve nearly 20,000 employers. For more information, visit Optavise.com.

About Rula
Rula is the best way for individuals, couples, and families to get in-network mental health care that delivers progress. With a diverse network of more than 21,000 licensed providers, nationwide next-day therapy and psychiatric availability, and 24/7 crisis support, Rula meets people wherever they are on their mental health journey. Patients match with a best-fit provider in minutes, confirm their out-of-pocket insurance costs, attend their telehealth sessions, and track improvement all within a single easy-to-use platform. And when they need support, Rula's team is there to provide live help from real humans. Rula Health accepts most major insurance networks, including Aetna/CVS, Anthem/Elevance, Cigna/Evernorth, Kaiser, United Healthcare/Optum, and many Blue Cross and/or Blue Shield plans, covering over 170M lives across the US. Learn more at Rula.com.

SOURCE Optavise

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2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
Trump's threats against late-night TV could spell more trouble for advertisers stocknewsapi
DIS PSKY
Late-night television has come under fire in recent months. That could leave advertisers and media companies, already clinging to what's left on live TV, with an even smaller pool of options.

The recent upheaval in late-night programming — namely the cancellation of "The Late Show with Stephen Colbert" and the temporary suspension of "Jimmy Kimmel Live!" — has shown a spotlight on ratings and revenue for late-night standouts and spurred questions of political influence.

President Donald Trump, aggressively vocal about both Colbert's and Kimmel's bad fortune, has called for late-night shows on NBC hosted by Jimmy Fallon and Seth Meyers to be next on the chopping block.

The result is not just uncertainty for viewers, TV executives and show staffs, but a pall over an advertising category that's long been a staple of live TV.

"Reaching a lot of people who are engaged because it's live TV — or live-to-tape — is really important, and when you think about it from the media company's perspective ... the live moments are live sports on most given nights, the nightly news and late-night talk shows. That's all you have," said Kevin Krim, CEO of ad data firm EDO.

"To the people who think late night doesn't matter, they're not thinking about the economics and the goals and the incentives of both the advertisers and the media companies. They're ignoring some of the strategic value of the ecosystem," he added.

When Disney's ABC pulled "Jimmy Kimmel Live!" off the air in September, it was unclear for days if or when the program would return. While Disney reinstated Kimmel less than a week later, more than 20% of the country still couldn't watch the show for three additional days as two major broadcast station owners preempted the content.

Colbert's show will end next year after CBS parent Paramount announced in July it wouldn't renew the program, citing financial considerations. The company has yet to reveal plans to fill the timeslot or give it back to the affiliate network owner.

The fervor around Colbert's upcoming cancellation caused a temporary ratings surge, and Kimmel's suspension led the show to rake in millions of viewers upon its return — way above the average and a missed opportunity for advertisers in the markets where Kimmel was preempted.

Late-night drawTraditional TV viewership has decreased as the audience opts for streaming. But live content still garners the biggest ratings, which includes late-night talk shows.

As a result, late-night shows remain a valuable time slot for advertisers, especially for a younger demographic.

"Late-night may not draw the same mass audiences it once did, but the viewers who tune in are highly intentional. For advertisers, that makes the space less about sheer scale and more about reaching a consistent, engaged community," said Julie Clark, longtime ad industry executive and current senior vice president of media and entertainment at TransUnion.

"Jimmy Kimmel Live!" was considered among the top 10 of ABC's best vehicles for advertising reach, with the show delivering 2.5% of the network's total ad exposures, or 11.8 billion national TV impressions, according to ad measurement firm iSpot.

According to EDO, in order to generate as much ad impact as one ad in the late-night comedy broadcast programs — that's Kimmel, Fallon, Meyers and Colbert — advertisers would need to air, on average, about four spots across competitive late-night programming this year. In this case, competitive late-night programming means everything aired on broadcast and cable TV, excluding the late-night hosts, during these time slots.

Brands launching new products still get their best success from live TV commercials, according to ad industry executives.

But advertisers have begun to cut back on ad spending in the face of macroeconomic headwinds and trade uncertainty. Recently, eMarketer and the Interactive Advertising Bureau each released reports projecting a pullback in ad spending, not just for TV but also digital and streaming, due to higher costs for companies brought on by tariffs.

As advertisers trim spend and Trump puts late night in his crosshairs, the costs of these TV programs are coming under the microscope.

Weighing the costsMedia companies' priorities have shifted to building out their streaming platforms in a push for profits. Pay TV networks still make the majority of the profits, but that number is shrinking.

"Generally speaking, viewership of late night talk shows has been low compared to what they once were, but it's less about a specific host or show and more about the shift in how people consume television," said Vicky Chang, vice president of media at Tatari, a digital ad platform.

Paramount said in July its move to end Colbert was "purely a financial decision against a challenging backdrop in late night." Kimmel's show will face another test when his contract comes up in 2026.

"Late-night TV and daytime morning shows used to be two of the most profitable areas of TV, more so than sports because of the big sports rights fees. Networks typically made a huge amount of money," said Jonathan Miller, longtime senior media industry executive who serves as CEO of Integrated Media. "Initially late-night shows weren't very expensive, but the costs have gone up. But ratings have declined so it's less profitable – and hosts still want a lot of money."

The focus for media companies is increasingly on content that guarantees big live audiences — by and large, live sports. This has led to hefty spending on sports rights over other kinds of content.

Weeks after Colbert said this season would be his final, the newly merged Paramount Skydance announced a $7.7 billion media rights deal with UFC. ABC parent Disney and NBCUniversal last year signed a new media rights deal with the NBA worth $77 billion over 11 years.

Media companies are also facing the daunting cost of rising political pressure.

Trump and Federal Communications Commission Chair Brendan Carr have ramped up scrutiny of media companies during the president's second term in office.

Last year ABC News agreed to pay $15 million toward Trump's presidential library to settle a lawsuit over comments by TV anchor George Stephanopoulos that Trump called defamatory. And this summer Paramount agreed to pay $16 million to settle a lawsuit over the editing of a CBS "60 Minutes" interview with then-Vice President Kamala Harris.

Weeks after that settlement, Paramount and Skydance won federal approval for their long-awaited merger.

Colbert later referred to Paramount's settlement as a "big fat bribe" during one of his show's opening monologues. Soon after, the company announced the future end date of the late-night show.

Disney's suspension of Kimmel came on the heels of comments by the FCC's Carr that suggested affiliate ABC stations could lose their broadcast licenses if they aired content that was against the "public interest." Trump made a similar threat regarding the broadcast networks that he said are "against" him.

Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. Versant would become the new parent company of CNBC upon Comcast's planned spinoff of Versant.
2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
Tesla Prices Surge stocknewsapi
TSLA
Tesla Inc. (NASDAQ: TSLA) does not plan to cut its profit margins due to the end of the $7,500 federal electric vehicle (EV) tax credit.
2025-10-01 13:23 3mo ago
2025-10-01 09:15 3mo ago
Redwood Trust: A Double-Digit Yield With Upside From Non-Agency Credit stocknewsapi
RWT
SummaryRedwood Trust (RWT) stands out among mREITs by actively originating credit in underserved residential markets, offering both income and growth potential.
RWT's diversified platforms—Sequoia, CoreVest, and Aspire—generate strong fee and interest income, supporting a high 12%+ dividend yield.
Despite GAAP losses from fair-value swings, core operations cover the dividend, and RWT trades at a 24% discount to book value, offering upside.
Management targets a 9-12% ROE by 2026, and with a conservative balance sheet, RWT offers an appealing blend of income and value for risk-tolerant investors.
MoMo Productions/DigitalVision via Getty Images

A key difference between Redwood Trust, Inc. (NYSE:RWT) and other mortgage REITs is that Redwood actively manufactures credit in markets that agencies like Freddie, Fannie and Ginnie won’t - or can’t - serve. Most other mortgage REITs simply play

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

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2025-10-01 13:23 3mo ago
2025-10-01 09:16 3mo ago
Pulsar Helium Announces Helium-3 Discovery at Jetstream #1, Topaz Project, Minnesota stocknewsapi
PSRHF
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR TO BE TRANSMITTED, DISTRIBUTED TO, OR SENT BY, ANY NATIONAL OR RESIDENT OR CITIZEN OF ANY SUCH COUNTRIES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION MAY CONTRAVENE LOCAL SECURITIES LAWS OR REGULATIONS.

The following amendment has been made to the 'Helium-3 Discovery at Jetstream #1, Topaz Project' announcement released on 01 October 2025 at 02:00 a.m. (Eastern).

The number 14.5% has been corrected to 14.5.

All other details remain unchanged.

The full amended text is shown below.

CASCAIS, Portugal, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) (“Pulsar” or the “Company”), a leading helium project development company, is pleased to announce a landmark discovery of helium-3 at its Topaz Project in Minnesota. Laboratory results from the Jetstream #1 well have revealed sustained helium-3 concentrations up to 14.5 parts per billion (ppb) in produced gas. This level of helium-3 places Topaz amongst the highest accumulation of naturally occurring helium-3 ever publicly reported in a terrestrial gas reservoir worldwide. As previously reported (Pulsar News Release September 19, 2025) the Jetstream #1 well also had a sustained flow containing 7–8% helium-4 (the more common isotope of helium), confirming that Topaz’s helium is not only high-grade in helium-4 but also highly enriched in the rare helium-3 isotope.

Helium-3: Value and Strategic Significance 

Helium-3 is one of the rarest and most valuable isotopes on Earth, with reported prices of up to US$18.7 million per kilogram, more than 100,000 times the price of common helium (helium-4). Against this backdrop, discovering a terrestrial source with sustained helium-3 content at up to 14.5 ppb is an extraordinary development. 

NASA and the U.S. Government are actively funding lunar helium-3 extraction, with regolith concentrations estimated between 1.4 and 15 ppb, averaging around 4 ppb. Grants and early purchase agreements are supporting technologies for regolith heating, gas separation, and transport, reflecting helium-3’s strategic importance. In this context, the significance of Pulsar’s discovery is clear, with terrestrial helium-3 levels now comparable to, and potentially exceeding, average concentrations found on the Moon, without the need for lunar excavation.

Highlights

Exceptionally High: Laboratory analysis of gas samples from the Jetstream #1 well at the Topaz Project (Minnesota) shows sustained helium-3 concentrations ranging from 1.3 to 14.5 ppb, amongst the highest naturally occurring helium-3 levels publicly reported in a terrestrial reservoir.Consistent Isotopic Signature: The ³He / ⁴He isotopic ratio in Jetstream #1 gas is consistently about 0.09 Rₐ across all samples measured in multiple labs. This steady isotopic signature indicates a single, stable helium gas source throughout the reservoir.Pulsar Results vs. Peers: Pulsar’s helium-3 discovery vastly exceeds any previously reported by other helium explorers. For example, a recent discovery by an industry peer in Australia encountered helium-3 only in the sub-ppb range (with a low isotopic 3He / 4He ratio characteristic of crustal helium), underscoring the world-class significance of Topaz’s results. Jetstream #1’s helium-3 concentration now amongst the highest publicly disclosed in any land-based gas reservoir worldwide.Strategic and Commercial Value: Helium-3 is exceedingly rare and valuable, commanding ~US$2,500 per liter in specialized markets. This discovery establishes a potential new terrestrial supply of this isotope.Critical Applications: Helium-3’s unique properties make it crucial for cutting-edge technologies. It is sought after as a fuel for future fusion energy reactors, for enabling quantum computing and advanced cryogenics (ultra-low temperature cooling), and for high-efficiency neutron detection devices used in nuclear security and research.
Thomas Abraham-James, President & CEO of Pulsar, commented:

“We are thrilled to announce this remarkable helium-3 discovery, a result that firmly places Pulsar Helium on the map as a pioneer in the field. To encounter helium-3 concentrations of this magnitude at our Topaz Project in Minnesota is nothing short of extraordinary. This achievement not only validates the exceptional nature of the Topaz Project but also underscores the strategic importance of our exploration efforts. Helium-3 is a game-changer isotope with tremendous scientific and commercial value. The fact that we have discovered such high levels in the USA, when helium-3 is so scarce globally, is testament to the world-class potential of Topaz. Meanwhile, the next-richest naturally occurring source of helium-3 is arguably the surface of the Moon which has attracted interest from NASA and the U.S. Department of Energy – we believe that Minnesota will be a more reliable and economically viable option. This discovery positions Pulsar at the forefront of the helium industry not just as a supplier of conventional helium (helium-4), but potentially as a supplier of helium-3. It’s a development of significance not only for our Company and shareholders, but also for the broader scientific and energy communities. We look forward to advancing this project and unlocking its full value in a responsible and impactful way.”

Helium-3 Analytical Results

The analytical data indicate a consistent ³He / ⁴He isotopic ratio of approximately 0.09 Rₐ across all tested intervals of Jetstream #1. The ³He / ⁴He ratio is stable regardless of helium-4 concentration (i.e. from gas containing ~1% helium-4 up to the richest sample of 11.4% helium-4), suggesting a single, homogeneous source of helium charging the reservoir, rather than sporadic pockets or contamination. Notably, one sample containing 11.4% helium-4 by volume yielded approximately 14.5 ppb of helium-3, consistent with the overall isotopic trend. This uniform enrichment of helium-3, relative to helium-4, is a strong indicator of the unique genesis and high quality of the Topaz helium source, setting it apart from typical helium accumulations which often contain only trace helium-3.

Helium-3 analyses were conducted by Smart Gas Sciences LLC (Smart Gas) in Ohio and independently verified at Woods Hole Oceanographic Institution (WHOI) in Massachusetts – accredited by the New England Commission of Higher Education.

At Smart Gas, helium isotopes were measured by first purifying gas samples on a high-vacuum line, where reactive species are removed with getters and cryogenic traps ensuring only helium reaches the detector apparatus. The purified helium is then analyzed on a Thermo Helix SFT static-vacuum noble-gas mass spectrometer, which simultaneously collects 3He and 4He at high resolution, eliminating interferences such as HD⁺. Results are calibrated against air standards and reported both as absolute 3He / 4He ratios and in R/Rₐ units (relative to the atmospheric reference ratio).

At WHOI, samples were measured for helium concentrations and isotope ratios on a Nu Instruments multi-collector Noblesse mass spectrometer, which was used to determine the isotope ratios of all 23 stable noble gases. Due to the resolving power of the instrument, 3He was resolved from HD+, eliminating any mass interference during the helium measurement. The instrument is interfaced to an automated noble gas processing and purification inlet system, which allows for full separation and purification of the various noble gas species using cryogenic separation prior to inlet into the mass spectrometer. Results were normalized to a series of high He standards in order to optimize accuracy of 3He / 4He and helium concentrations. Helium data are reported both as absolute helium concentrations and 3He / 4He values in R/Rₐ format (relative to air).

Other Known Natural Helium-3 Occurrences

From a global perspective, the highest 3He / 4He values on record have been observed not in conventional gas reservoirs, but volcanic geological settings, for example, in mid-ocean ridge hydrothermal vent systems such as the East Pacific Rise, and in volcanic hotspots like Hawaii’s Loihi Seamount. These environments have produced anomalously high 3He / 4He (more than an order of magnitude above air levels), but they are coupled with relatively low absolute helium abundances, making them poor targets to commercially exploit.

A recent helium find by a peer company in Australia showed helium-3 in trace amounts (well below 1 ppb, with a low isotopic ratio indicative of purely radiogenic helium). In stark contrast, Topaz’s results are more than an order of magnitude greater in helium-3 content, pointing to a geologically distinct helium source with a higher inherent ³He / ⁴He ratio. This leap in helium-3 concentration marks not only a scientific milestone but also carries significant economic and strategic implications for Pulsar Helium and the industry as a whole.

What is Helium-3?

Helium-3 is one of the rarest and most valuable substances on the planet. In Earth’s atmosphere, helium-3 exists at only about 7 parts per trillion, and historically it has been obtainable mainly as a by-product from nuclear facilities (via tritium decay) or in minute quantities from certain natural gas fields. At current market rates, helium-3 commands ~US$2,500 per liter (~US$18.7 million per kilogram) due to its scarcity and utility. The exorbitant value (on the order of 100,000 times the price of common helium-4) reflects the critical applications of helium-3 in advanced technology and research.

The isotope’s ability to absorb neutrons makes it indispensable for neutron detectors used in nuclear security and scientific instrumentation. Its low boiling point and unique quantum properties enable ultra-low-temperature cooling systems (utilized in quantum computing and fundamental physics experiments). Moreover, helium-3 is a promising fuel for nuclear fusion reactions, when combined with deuterium, helium-3 could produce energy with virtually no radioactive waste, a long-term goal of fusion energy programs.

As spacefaring nations look to the Moon’s helium-3 reserves, Pulsar’s terrestrial discovery is positioned to be both scientifically significant and strategically relevant. Helium-3 sits at the intersection of homeland security, energy security, and technological leadership, with control over supply carrying important geopolitical implications.

As an exceptionally scarce keystone resource, helium-3 has the potential to influence future international power dynamics and underpin next-generation technologies. Pulsar’s discovery also creates scope for potential strategic partnerships and commercial applications across sectors ranging from clean energy to national security.

Helium-3 Separation

At present, there is no commercial technology in operation that separates helium-3 from helium-4 in a gas stream at scale. Pulsar is in active dialogue with potential collaborators and looks forward to formalizing partnerships to evaluate methods for helium-3 separation in future processing scenarios, with the aim of producing helium-3 as a pure product. The Company invites interest from research groups and technology developers keen to collaborate or trial their separation techniques at Topaz and actively encourages open dialogue and outreach.

About the Topaz Project

The Topaz project is located in northern Minnesota, USA, where Pulsar is the first mover and holds exclusive leases. Drilling at the Jetstream #1 appraisal well reached a total depth (“TD”) of 5,100 feet (1,555 meters) in January 2025, successfully penetrating the entire interpreted helium-bearing reservoir and beyond. Drilling of the Jetstream #2 appraisal well was completed on February 1, 2025, reaching a TD of 5,638 feet (1,718 meters). In August 2025, the Jetstream #1 well was successfully flow-tested using a wellhead compressor, delivering a peak gas flow rate of approximately 1.3 million cubic feet per day with a sustained flow of 7–8% helium (as helium-4). Meanwhile, a multi-well drilling campaign at Topaz is set to commence in early October 2025 to expand the Company’s understanding of the helium reservoir and advance Pulsar’s strategy to become a leading helium producer in response to growing global demand.

On behalf Pulsar Helium Inc.
“Thomas Abraham-James”
President, CEO and Director

Further Information:

Pulsar Helium Inc.
[email protected]
+ 1 (218) 203-5301 (USA/Canada)
+44 (0) 2033 55 9889 (United Kingdom)
https://pulsarhelium.com
https://ca.linkedin.com/company/pulsar-helium-inc.

Yellow Jersey PR Limited
(Financial PR)
Charles Goodwin / Annabelle Wills
+44 777 5194 357
[email protected]

Strand Hanson Limited
(Nominated & Financial Adviser, and Joint Broker)
Ritchie Balmer / Rob Patrick / Richard Johnson
+44 (0) 207 409 3494

OAK Securities*
(Joint Broker)
Richard McGlashan / Mungo Sheehan
+44 7879 646641 / +44 7788 266844
[email protected] / [email protected]

*OAK Securities is the trading name of Merlin Partners LLP, a firm incorporated in the United Kingdom and regulated by the UK Financial Conduct Authority.

About Pulsar Helium Inc.

Pulsar Helium Inc. is a publicly traded company quoted on the AIM market of the London Stock Exchange and listed on the TSX Venture Exchange with the ticker PLSR, as well as on the OTCQB with the ticker PSRHF. Pulsar's portfolio consists of its flagship Topaz helium project in Minnesota, USA, and the Tunu helium project in Greenland. Pulsar is the first mover in both locations with primary helium occurrences not associated with the production of hydrocarbons identified at each.

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.

Qualied Person Signoff

In accordance with the AIM Note for Mining and Oil and Gas Companies, the Company discloses that Thomas Abraham-James, President, CEO and Director of the Company has reviewed the technical information contained herein. Mr. Abraham-James has approximately 20 years in the mineral exploration industry, is a Chartered Professional Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM CP (Geo)), a Fellow of the Society of Economic Geologists and a Fellow of the Geological Society of London.

Forward-Looking Statements

This news release contains forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements. Forward-looking statements herein include, but are not limited to, statements relating to the statements regarding bringing the Topaz project to production, anticipated full plant construction contract in 2026, final investment decision being made in 2026, the potential impact of the drill results, flow testing and pressure testing on the next iteration of the resource estimate; the potential of CO2 as a valuable by-product of the Company’s future helium production; and the potential for future wells. Forward-looking statements may involve estimates and are based upon assumptions made by management of the Company, including, but not limited to, the Company's capital cost estimates, management's expectations regarding the availability of capital to fund the Company's future capital and operating requirements and the ability to obtain all requisite regulatory approvals. 

No reserves have been assigned in connection with the Company's property interests to date, given their early stage of development. The future value of the Company is therefore dependent on the success or otherwise of its activities, which are principally directed toward the future exploration, appraisal and development of its assets, and potential acquisition of property interests in the future. Un-risked Contingent and Prospective Helium Volumes have been defined at the Topaz Project. However, estimating helium volumes is subject to significant uncertainties associated with technical data and the interpretation of that data, future commodity prices, and development and operating costs. There can be no guarantee that the Company will successfully convert its helium volume to reserves and produce that estimated volume. Estimates may alter significantly or become more uncertain when new information becomes available due to for example, additional drilling or production tests over the life of field. As estimates change, development and production plans may also vary. Downward revision of helium volume estimates may adversely affect the Company's operational or financial performance.

Helium volume estimates are expressions of judgement based on knowledge, experience and industry practice. These estimates are imprecise and depend to some extent on interpretations, which may ultimately prove to be inaccurate and require adjustment or, even if valid when originally calculated, may alter significantly when new information or techniques become available. As further information becomes available through additional drilling and analysis the estimates are likely to change. Any adjustments to volume could affect the Company's exploration and development plans which may, in turn, affect the Company's performance. The process of estimating helium resources is complex and requires significant decisions and assumptions to be made in evaluating the reliability of available geological, geophysical, engineering, and economic date for each property. Different engineers may make different estimates of resources, cash flows, or other variables based on the same available data.

Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward- looking statements. Such risks and uncertainties include, but are not limited to, that Pulsar may be unsuccessful in drilling commercially productive wells; the uncertainty of resource estimation; operational risks in conducting exploration, including that drill costs may be higher than estimates ; commodity prices; health, safety and environmental factors; and other factors set forth above as well as risk factors included in the Company’s Annual Information Form dated July 31, 2025 for the year ended September 30, 2024 found under Company’s profile on www.sedarplus.ca.

Forward-looking statements contained in this news release are as of the date of this news release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. No assurance can be given that the forward-looking statements herein will prove to be correct and, accordingly, investors should not place undue reliance on forward-looking statements. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
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From Hold To Gold: Why MGM Resorts' Twin Engines Make This Dip A Buy (Upgrade) stocknewsapi
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SummaryMGM Resorts International delivered a strong Q2 2025, exceeding EPS and revenue expectations, with BetMGM and MGM China showing standout growth.BetMGM revenues surged 36% YoY, with EBITDA reaching $86m, and MGM China achieved record market share and robust EBITDAR growth.Despite a 4% drop in Las Vegas Strip revenues, regional operations and China performance offset this, supporting a rerating to Buy.Recent positive August Nevada gaming data confirms resilient demand, presenting an attractive entry point as MGM shares lag market sentiment. AleksandarGeorgiev/iStock via Getty Images

Since I last wrote about MGM Resorts International (NYSE:MGM), several key developments have transpired, most notably a strong Q2 2025 with several of my watchlist criteria for rerating met operationally. Then, the

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

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NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida stocknewsapi
NXXT
Fort Myers expansion establishes fully operational hub in region with high-volume e-commerce distribution centers, strengthening NextNRG’s position as Florida Gulf Coast’s leading mobile fueling provider

MIAMI, Oct 1, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – NextNRG (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced the launch of its mobile fueling operation’s newest hub in Fort Myers, Florida, further extending its nationwide footprint. The expansion establishes a fully operational presence in a region home to major e-commerce distribution centers supporting national fulfillment networks, positioning NextNRG to serve the area’s growing commercial demand.

NextNRG’s entry into the region positions the company to serve both large commercial clients and a growing network of local businesses, supporting continuous operations that keep fleets, generators, and equipment running efficiently.

The Fort Meyer’s hub reflects NextNRG’s nationwide growth strategy: anchoring large commercial clients while expanding a local customer base around each hub. With this launch, NextNRG continues to broaden its footprint across Florida’s Gulf Coast, while expanding its national footprint. By strategically growing its presence, the company continues to strengthen its unique position, offering a complete end-to-end suite of energy solutions for both commercial and individual customers. This expansion reflects the broader momentum behind NextNRG’s operations, as the company’s growth trajectory has accelerated throughout 2025, with revenues surpassing last year’s figures and strong projections pointing toward record performance by fiscal year-end. This growth has been driven by the company’s ability to scale operations consistently while maintaining operational efficiency and reliability through strategic business initiatives.

“Expanding into Fort Myers demonstrates our continued growth across Florida and nationwide. Establishing our presence in a region with significant e-commerce and commercial fleet activity positions us to capture demand from high-volume operations while building local customer density. Our mobile fueling services, together with our integrated energy solutions, enable businesses to operate more efficiently at scale. With strong momentum across our operations, we’re confident in the strong growth ahead.”

Michael D. Farkas, Executive Chairman and CEO of NextNRG
About NextNRG, Inc.

NextNRG Inc. (NextNRG) is Powering What’s Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy and mobile fuel delivery, to create a unified platform for modern energy management.

At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG’s smart microgrids serve commercial, healthcare, educational, tribal, and government sites delivering cost savings, reliability, and decarbonization. The company also operates one of the nation’s largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification.

To learn more, visit www.nextnrg.com.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

Investor Relations Contact

NextNRG, Inc.
Sharon Cohen
[email protected]

Source: NextNRG, Inc.
2025-10-01 13:23 3mo ago
2025-10-01 09:17 3mo ago
2 Stock Split Stocks To Buy Hand-Over-Fist in October stocknewsapi
BNT IBKR
Companies that climb  to high market prices will often give their Boards of Directors cause to propose forward stock splits to keep the market price quote at a sufficiently affordable price for new buyers to obtain shares.
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Lithium Americas Stock Exploded Last Week—Here's Why stocknewsapi
LAC
Speculative stocks occupy a unique place in the market. Companies with solid fundamentals and long track records in resilient industries often dominate investor attention, especially those that consistently return capital through dividends. From time to time, however, early-stage businesses with significant growth potential enter the conversation, even when they have not yet reached the revenue stage.

Lithium Americas Today

LAC

Lithium Americas

$5.73 -0.01 (-0.17%)

As of 09/30/2025 03:59 PM Eastern

52-Week Range$2.31▼

$7.53Price Target$4.72

Lithium Americas NYSE: LAC illustrates this dynamic well. Three years ago, the company signed an exclusive agreement with General Motors NYSE: GM to form a joint venture for co-ownership and operation of the Thacker Pass lithium mine. Located in Nevada, it represents the largest known lithium deposit in the United States and one of the largest worldwide, with the potential to supply up to 25% of global lithium demand.

Get Lithium Americas alerts:

There is no denying the evolving electric vehicle (EV) trend. Companies up and down the EV supply chain are aligning themselves for future success. But with Thacker Pass not slated to open until 2028, that success appeared to be in the distant future for Lithium Americas. That was until last week, when an unexpected catalyst sent shares of LAC surging.       

The Trump Factor That Sent Lithium Americas’ Stock Soaring
Lithium Americas is a pick-and-shovel play. It isn’t involved in the manufacturing of an EV end product. Instead, as an ancillary business, it intends on making use of the Thacker Pass’s abundant lithium reserves as part of the EV battery supply chain. Although lithium prices are well off their five-year high, steadily increasing demand as a consequence of rising EV adoption paints a bullish picture. 

But that picture remains years away from materializing for LAC. Instead, the impetus for last week’s price surge came directly from the White House. And no matter how promising a company’s future may be, few developments spur rallies quite like the president expressing an interest in taking a stake in a publicly traded company. 

That’s exactly what happened when, on Aug. 22, President Trump announced that the United States would be assuming 10% ownership in Intel NASDAQ: INTC. Since the announcement of that $8.9 billion investment, INTC is up more than 39%. 

And that’s what happened again, when on Sept. 23, reports emerged indicating that the Trump administration was negotiating a 10% equity stake in Canadian mining company Lithium Americas. With Trump and his advisors renegotiating the terms of Lithium Americas’ $2.26 billion Department of Energy loan, the market’s reaction sent shares soaring nearly 152% higher by the end of the week.

Lithium Americas Corp. (LAC) Price Chart for Wednesday, October, 1, 2025

The move, which has rare bipartisan support in D.C., is viewed as strategic to national security and as a means of reducing U.S. reliance on China, which is currently the world’s largest lithium refiner. Despite not having the world’s largest reserves, China’s notable investments in foreign mines, its extensive domestic processing infrastructure, and its wide-reaching adoption of EVs have put it well ahead of the pack in lithium processing. 

By some estimates, the country processes between 67% and 72% of the global supply. The Trump administration’s Lithium Americas move looks to change that.

While U.S. EV Demand Is Struggling, It’s a Different Story Abroad
In the United States, the EV industry is at a crossroads and facing a daunting near-term future. Despite record sales in the first half of 2025, those figures dipped in Q2. Recently, they’ve begun to tick up again as the result of the EV tax credit—which provided up to $7,500 for new EV purchases and up to $4,000 for used eligible used EV purchases—expiring on Sept. 30 as a provision of Trump’s One Big Beautiful Bill, which was signed into law in July. That reversed the incentives set forth in the Biden administration’s Inflation Reduction Act. 

But the EV industry is hardly a monolith, and demand outside of the United States is resilient and rapidly expanding. According to industry research consultancy firm Grand View Research, the global EV market, which was valued at $1.328 trillion in 2024, is forecast to undergo parabolic growth, reaching $6.524 billion by 2030. That would be good for a compound annual growth rate (CAGR) of 32.5% between this year and the start of the next decade. 

While Asia Pacific was the largest market in 2024, the U.S. EV market is expected to grow at the fastest CAGR during the forecast period. That bodes well for Lithium Americas’ future. And even with analysts’ average 12-month price target representing nearly 18% potential downside from today’s share price, the long game is promising for this now-$1.39 billion market cap company.  

Should You Invest $1,000 in Lithium Americas Right Now?Before you consider Lithium Americas, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lithium Americas wasn't on the list.

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2025-10-01 13:23 3mo ago
2025-10-01 09:19 3mo ago
Qualcomm bets on Arm's latest chip blueprint in AI push - report stocknewsapi
ARM QCOM
Qualcomm Inc (NASDAQ:QCOM, ETR:QCI) has turned to Arm Holdings’ newest chip architecture in its latest flagship processors, according to a Reuters exclusive.

The move underscores how even bruising lawsuits don’t stop business when technology advantages are at stake.

The San Diego company's new chips for PCs and smartphones that use Arm’s “v9” instruction set, a ninth-generation design with features aimed at boosting artificial intelligence performance, according to people familiar with the matter.

The architecture helps processors handle tasks such as chatbots and image generation more efficiently.

The shift answers lingering questions about whether Qualcomm would stick with Arm after the two clashed in court last year.

Analysts say Arm stands to benefit financially, as it charges higher fees for its newest designs, though Qualcomm still builds much of its technology in-house.

The decision also helps Qualcomm better compete with MediaTek and Apple, both of which already rely on Arm’s v9 platform.
2025-10-01 13:23 3mo ago
2025-10-01 09:20 3mo ago
SEALSQ and SEALCOIN AG Unite to Future-Proof AI Agents with Post-Quantum Security stocknewsapi
LAES
October 01, 2025 09:20 ET

 | Source:

SEALSQ

Geneva, Switzerland, Oct. 01, 2025 (GLOBE NEWSWIRE) --   

        

SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced a breakthrough initiative with SEALCOIN AG (SEALCOIN), which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform and a subsidiary of SEALSQ’s parent company WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), to protect Artificial Intelligence (AI) agents from the looming threats posed by quantum computing. Building on its pioneering expertise in Post-Quantum Cryptography (PQC) and trusted semiconductor technologies, SEALSQ is introducing a new suite of solutions designed to safeguard AI operations and decision-making processes against adversarial quantum attacks.

Today’s cryptographic systems are under threat from the rise of quantum computing. Even the most secure digital identities and transactions risk becoming vulnerable. To address this, SEALCOIN AG is embedding quantum-resistant cryptography into every layer of its agent infrastructure, from identity certificates and wallet authorizations to smart contract execution. In partnership with SEALSQ, and leveraging the upcoming QS7001 secure element, this collaboration future-proofs AI Agents from the ground up. SEALSQ’s post-quantum secure AI framework integrates NIST-recommended PQC algorithms with its secure element chips and embedded cryptographic modules, ensuring confidential inference through homomorphic encryption optimized for SEALSQ hardware, robust identity and authentication with post-quantum digital identities, trusted execution environments that defend against both classical and quantum-level attacks, and scalable deployment across IoT, autonomous vehicles, smart infrastructure, defense, and healthcare.

“AI is only as trustworthy as the systems that protect it,” said Carlos Moreira, CEO of SEALSQ. “With this launch, SEALSQ provides the missing link between artificial intelligence and post-quantum cybersecurity, ensuring that AI agents remain reliable partners for humanity, even in the quantum era.”

This announcement coincides with the release of Episode 6 in SEALCOIN AG’s educational video series on Secure AI Agents, titled “Future-Proofing with Post-Quantum Security.” The series explores foundational principles of secure agent autonomy, including cryptographic identity, trusted transactions, decentralized execution, and now, quantum-resilient infrastructure (Link to the episode).

Over the past six episodes, SEALCOIN AG’s Secure AI Agent series has charted the journey from principle to practice for truly autonomous and trustworthy AI Agents. Starting with the foundation that autonomy without security is an illusion, the series explored why AI Agents need cryptographic identity and verifiable transactions to prevent spoofing and manipulation. It then showcased the core infrastructure SEALCOIN provides, verifiable certificates, controlled wallets, smart contracts, and immutable records, and illustrated how these elements come together in real-world agent-to-API interactions to enable secure, end-to-end autonomy. The series highlighted the transformative impact of this architecture, opening the door to new business models like autonomous procurement, AI-driven commerce, and machine-to-machine markets, before concluding with how SEALCOIN AG and SEALSQ are future-proofing agents with post-quantum security to ensure their trust and autonomy endure well into the quantum era. Videos to the previous episodes available on https://sealcoin.ai/solutions/

Clarifying SEALCOIN AG’s Role: Enabling AI Infrastructure, Not AI Solutions

As enthusiasm around artificial intelligence continues to surge, SEALCOIN AG takes a transparent stance. We are not developing AI models or selling AI-based solutions, our focus is on delivering the underlying infrastructure that empowers AI Agents to operate securely and autonomously.

Our technology provides the essential building blocks: verifiable identity, cryptographic wallets, decentralized execution, and post-quantum resilience. It’s the digital equivalent of supplying shovels to gold miners, empowering developers, platforms, and enterprises to build meaningful AI use cases on trusted foundations. This sets SEALCOIN apart by grounding our value in verifiable, enabling technology.

About SEALCOIN
SEALCOIN is a decentralized platform designed to enable transactional IoT at scale. By embedding secure payment and authentication capabilities directly into IoT devices, SEALCOIN makes device-to-device economies not just possible, but practical. More information available on www.sealcoin.ai.

About WISeKey
WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

About SEALSQ:
SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.

SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries.

For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com.

Forward-Looking Statements
This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipate will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC.

SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

SEALSQ Corp.
Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
[email protected] Investor Relations (US)
The Equity Group Inc.
Lena Cati
Tel: +1 212 836-9611
[email protected]
2025-10-01 13:23 3mo ago
2025-10-01 09:20 3mo ago
Palisade Bio Announces Pricing of Upsized $120 Million Underwritten Public Offering of Common Stock stocknewsapi
PALI
Carlsbad, CA, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Palisade Bio, Inc.  (Nasdaq: PALI) (“Palisade” or the “Company”), a clinical-stage biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases, today announced the pricing of an underwritten public offering of 171,440,559 shares of its common stock (or common stock equivalents) at a public offering price of $0.70 per share (or $0.6999 per common stock equivalent).

Ladenburg Thalmann & Co. Inc. is acting as the sole book-running manager for the offering.

In addition, Palisade has granted the underwriters a 45-day option to purchase up to an additional 25,714,285 shares of its common stock at the public offering price, less underwriting discounts and commissions.

The gross proceeds from the offering, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Palisade, are expected to be approximately $120 million, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on or about October 2, 2025, subject to the satisfaction of customary closing conditions.

A registration statement on Form S-1 (File No. 333-290568) relating to the offering of these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on September 30, 2025 and an additional registration statement on Form S-1 filed pursuant to Rule 462(b), which was filed on October 1 2025, which became effective upon filing. Copies of the registration statement can be accessed by visiting the SEC website at www.sec.gov. The securities referred to in this release are to be offered only by means of a prospectus. A preliminary prospectus describing the terms of the offering has been filed with the SEC and forms a part of the effective registration statement. When available, a copy of the final prospectus relating to the offering may be obtained from: Ladenburg Thalmann & Co. Inc. at 640 Fifth Avenue, 4th Floor, New York, New York 10019, by calling (212) 409-2000, or by emailing [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.

About Palisade Bio 

Palisade Bio is a clinical-stage biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases. The Company believes that by using a targeted approach with its novel therapeutics it will transform the treatment landscape. For more information, please go to www.palisadebio.com.

Forward Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” These statements include, but are not limited to, statements relating to the ability of the Company to close the offering, the anticipated use of proceeds, expected trading commencement and closing dates. The words, without limitation, “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will” or “would” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these or similar identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms of the offering or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus that forms a part of the effective registration statement filed with the SEC, including our filings incorporated by reference in such registration statement. Any forward-looking statements contained in this press release are based on the current expectations of Palisade’s management team and speak only as of the date hereof, and Palisade specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Investor Relations Contact

JTC Team, LLC
Jenene Thomas
908-824-0775
[email protected]
2025-10-01 13:23 3mo ago
2025-10-01 09:21 3mo ago
Kazia Therapeutics Supports Australian MRFF-Funded Project Developing AI-Driven Sequential Therapy Strategy for DIPG/DMG stocknewsapi
KZIA
SYDNEY , Oct. 1, 2025 /PRNewswire/ -- Kazia Therapeutics Limited (NASDAQ: KZIA), a clinical-stage biotechnology company developing innovative therapies for brain cancers, today announced its participation in a fully funded Australian Medical Research Future Fund (MRFF) project titled "Sequential & Temporal Therapeutic Agility for the Treatment of Diffuse Midline Glioma (DMG)". Under this three-year initiative, a consortium of leading researchers will establish DMG-ADAPTS, an advanced AI-enabled clinical decision-making platform designed to optimize sequencing and timing of targeted therapies for diffuse midline glioma (DMG), including diffuse intrinsic pontine glioma (DIPG).
2025-10-01 13:23 3mo ago
2025-10-01 09:21 3mo ago
New Strong Sell Stocks for October 1st stocknewsapi
AGL CCRN PLAY
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2025-10-01 12:23 3mo ago
2025-10-01 07:43 3mo ago
BNB X account hacker's meme coin “4” briefly soars 500% cryptonews
BNB
After the Binance team regained control of the BNB Chain X account, the “4” meme coin used by the hacker to gain profit from victims saw its price skyrocket by 500% shortly after his rugpull.

Summary

BNB Chain’s official X account hacker stole around $8,000 from victims before using the funds to pump and rug-pull a meme coin called “4.”
The BNB community reportedly mocked the hacker by collectively buying into the “4” token, causing it to surge over 500%.

In his latest post, former Binance CEO Changpeng “CZ” Zhao claimed that the community was seemingly mocking the BNB Chain X account hacker after they sold all the meme coins for a $4,000 profit. The meme coin had been in the market for about a year but briefly reached a peak of 500% following the hack on BNB Chain’s official X account.

“Interestingly, after the hacker dumped ALL his tokens for a $4k gain, the community took over and bought the meme coin higher, as a mock to the hacker. Funniest come back by the community!” said CZ in his latest post.

According to data from pump.fun, the meme coin simply dubbed “Four” briefly surged above 500% before dropping down in value after the hacker reportedly cashed out on $4,000. The hacker had funneled some of the stolen funds from victims into the token before rug-pulling it afterwards.

The meme coin’s image depicts a cartoonish picture of Changpeng “CZ” Zhao’s based on the social media picture of him flashing four fingers, indicating his four-month prison sentence after he was convicted by U.S authorities.

BNB Chain hacker’s meme coin “4” briefly rose by 500% after he rug-pulled the tokens | Source: pump.fun
According to data from pump.fun, the “4” meme coin reached a golden candle before dropping back down from its high. It is currently valued for $19,400 in market cap due to the community’s collective pump. In the past 24 hours, the meme coin has seen a trading volume of $57,400. Within one hour, it has risen by 185% following the community’s rapid takeover of the meme coin that CZ claimed no longer has any tokens left in circulation.

Social media users celebrated the meme coin takeover after the hacker reportedly drained $8,000 in damages from victims who clicked on phishing links that stole funds from their crypto wallets. According to the post-mortem report, as many as 10 phishing links were shared on the compromised account.

The biggest loss came from a single user who lost approximately $6,500 from the hackers actions impersonating BNB (BNB) Chain. He then used the funds to pump his meme coin “4” and pulled the rug on 100% of his tokens for $22,000.

What happened to BNB Chain’s X account?
On Oct. 1 at around 05:30 UTC, the BNB Chain English account was compromised. The hacker used the X account with the golden check to trick users into clicking on a link that promoted a fake airdrop event for BNB token holders.

The hacker posted around 10 posts repeatedly containing the same message about an airdrop event, which actually contained malicious phishing links that would connect user wallet’s to the hacker’s.

At the time, Changpeng “CZ” Zhao took to his platform to warn users of the breach and remind them not to click on any links, as the security team for Binance tried to regain control of the social media account or get it suspended.

The Chinese language account for BNB Chain also informed users that the English X account has been hacked by an unidentified third party.

At around 8:30 UTC, the Binance team was able to regain access to the BNB Chain X account and explained that the root cause of the hack is still under investigation. However, the damages were estimated to reach $8,000. The team promised to fully compensate victims of the hack who lost their funds in the process.
2025-10-01 12:23 3mo ago
2025-10-01 07:45 3mo ago
Is Solana price gearing up for a rally as smart money accumulates? cryptonews
SOL
Solana price could be on the brink of a breakout as it has flipped a key resistance level into support, backed by renewed demand from institutional investors.

Summary

Solana price has flipped a historic resistance level into support.
Smart money investors have begun accumulating the token.
A multi-year cup and handle pattern has formed on the weekly chart.

According to data from crypto.news, Solana (SOL) was trading at $212.39 at press time, up 10.6% from its September low and over 100% from its year-to-date low.

The token has displayed multiple bullish signs that suggest it could be gearing up for strong gains over the coming weeks.

On the weekly chart, Solana has turned the $204-206 level into support, a level that has historically acted as key resistance on multiple occasions over the past four years.

Solana price has flipped a multi-year key resistance level into support — Oct. 1 | Source: crypto.news
Data from blockchain analytics firm Nansen reveal that smart money, that is, institutional traders who have a proven record of success, appears to be an active part of the new accumulation trend.

Investments from smart money often drive follow-up interest among retail traders, who tend to follow these moves when building their portfolios.

Derivatives data tell a similar story of pressure building under the surface. The Solana liquidity heatmap from CoinGlass over the past few days reveals a high density of short liquidations (yellow bands) clustered around the $213–$219 range, just above its current price level. In contrast, the heatmap is much cooler below the price, suggesting fewer long positions at risk of liquidation.

With the current market scenario indicating that buyers are pressuring sellers, this setup could lead to a potential short squeeze, accelerating gains if SOL pushes higher into that zone.

Meanwhile, investors are also hyped over the potential launch of a Solana ETF in the U.S., especially now that approval odds have improved significantly following the SEC’s decision to streamline the crypto ETF review process.

The launch of an SOL ETF would likely drive substantial demand from institutional traders, as it would provide regulated exposure to Solana while also expanding market liquidity, factors that could drive sustained gains for the token.

Solana price analysis
Technical indicators also seem to support the bull case for SOL price. On the weekly chart, the 20-day simple moving average is eyeing a bullish crossover with the 50-day SMA, a sign of strengthening bullish momentum and the potential for sustained price gains.

Solana price is also close to confirming a multi-year cup and handle pattern, characterized by a U-shaped trough (the cup) followed by a smaller downward-sloping handle. In technical analysis, when the price breaks out of a cup and handle pattern, it is often followed by sustained upside rallies.  

Solana price has formed a multi-year cup and handle pattern on the weekly chart — Oct. 1 | Source: crypto.news
At press time, SOL was trading just 20% below the neckline of the pattern at $260, which would confirm the breakout. However, if SOL fails to hold the $204 support, which also aligns closely with the 78.6% Fibonacci retracement level, the setup would be invalidated.

On the daily timeframe, the RSI is at 50, which means there’s still room for growth before it hits overbought levels. Meanwhile, the MACD line is slowly approaching a positive crossover, which traders may perceive as an early signal that momentum is shifting back in favor of the bulls.

Solana MACD and RSI chart — Oct. 1 | Source: crypto.news
As such, SOL may continue to rise in the short term towards $253, which marks its September high. 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2025-10-01 12:23 3mo ago
2025-10-01 07:46 3mo ago
XRP rises towards $3 as early Ripple employee steps away from leadership cryptonews
XRP
XRP rises towards $3 as early Ripple employee steps away from leadership Oluwapelumi Adejumo · 7 seconds ago · 2 min read

David Schwartz is set to explore new horizons within the XRP community and transition into a board position.

Oct. 1, 2025 at 12:45 pm UTC

2 min read

Updated: Oct. 1, 2025 at 12:45 pm UTC

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

David Schwartz, one of Ripple’s longest-serving figures, announced on Sept. 30 that he will step down as Chief Technology Officer after more than thirteen years in the position.

Schwartz, who joined Ripple in its early days and became one of the most recognizable voices in the XRP community, said the decision followed what he called a “personal inflection moment” after decades of working in technology.

According to him:

“The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year. I’m really looking forward to spending more time with the kids and grandkids and going back to the hobbies I set aside. But be warned, I’m not going away from the XRP community.”

Next focusRather than leaving the ecosystem, Schwartz plans to operate his own XRP Ledger (XRPL) node and share its output data with the broader community.

He added that he intends to explore new XRP use cases outside Ripple’s current priorities, hinting that more announcements are coming.

To maintain continuity, Schwartz will remain connected to Ripple as Emeritus CTO and has also accepted a position on the company’s Board of Directors.

He emphasized that this new role will allow him to continue contributing to Ripple’s mission and long-term vision while giving him flexibility to pursue independent projects.

Speaking about Schwartz’s role in the development of XRP and the XRPL, Monica Long, Ripple’s president, said:

“This mighty community wouldn’t exist without you – nor the inventions of Proof of Association, the DEX, smart escrow, continuous auction in an AMM.”

XRP edges higherSchwartz’s resignation news did not unsettle XRP traders. Instead, the digital asset gained more than 3%, briefly approaching the $3 threshold, according to CryptoSlate’s data.

This price position is seen as a key point that could trigger further momentum if sustained.

Despite this, XRP trades well below its historic peak of $3.84, leaving room for future recovery.

Mentioned in this articleLatest XRP Stories
2025-10-01 12:23 3mo ago
2025-10-01 07:47 3mo ago
Metaplanet to Issue Perpetual Preferred Shares in Bid to Boost Bitcoin Holdings cryptonews
BTC
Metaplanet will issue perpetual preferred shares to fund bitcoin purchases while limiting dilution.Its bitcoin holdings surged to 30,823 BTC, with targets of 210,000 BTC by 2027.Q3 results doubled FY2025 guidance, reinforcing financial support for Phase II.Metaplanet, a Tokyo-listed company focused on bitcoin treasury strategy, announced its new “Phase II” initiative, under which it will issue perpetual preferred shares to raise capital for further Bitcoin acquisitions.

The mechanism is designed to reduce dilution of common stock while sustaining the firm’s aggressive accumulation pace.

Phase II unveils new capital tool to boost Bitcoin exposure
The company has already set an ambitious “555 Million Plan” that aims for 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027. According to its latest disclosure, Metaplanet holds around 30,823 BTC—up from 1,762 BTC at the start of the year, representing a nearly 17-fold increase.

Sponsored

Sponsored

BTC Treasuries said Metaplanet has flipped Adam Back’s firm to rank fourth in global Bitcoin holdings.

Metaplanet has previously financed its purchases through equity issuance, which diluted shareholders but helped the company gain market visibility, including inclusion in the FTSE Japan Index. The broader trend shows more Japanese companies adopting Bitcoin as a treasury asset, seeking diversification alongside global peers like MicroStrategy.

Under Phase II, Metaplanet will issue perpetual preferred shares with a capped dividend yield of 6%. The structure offers investors steady returns, while any bitcoin appreciation above that level accrues to the company’s enterprise value.

Source: Metaplanet
Management argues the model preserves mNAV—per-share bitcoin exposure—without further diluting common equity.

In parallel, Metaplanet outlined plans to expand its “Bitcoin.jp” platform, aiming to integrate education, events, and services to strengthen Japan’s bitcoin infrastructure.

Skeptics warn that perpetual preferred shares carry interest-rate risk, and underperformance in Bitcoin could make dividend costs burdensome. Market analysts also caution that forced liquidations during equity sell-offs could spill into bitcoin markets, adding volatility.

“Metaplanet’s Bitcoin Income Generation segment posted 115.7% quarterly revenue growth, prompting us to double FY2025 revenue guidance. These results strengthen the foundation for our planned preferred share issuance supporting the Bitcoin Treasury strategy,” said Simon Gerovich, CEO of Metaplanet

Disclaimer

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.
2025-10-01 12:23 3mo ago
2025-10-01 07:50 3mo ago
Metaplanet Adds 25,555 BTC As Bitcoin Surges To $116,000 cryptonews
BTC
Metaplanet Inc. (OTCQX:MTPLF) has added over 5,000 Bitcoin (CRYPTO: BTC) to its growing treasury as BTC traded near $116,300 on Tuesday morning, breaking a key resistance trendline at the start of "Uptober."

Bitcoin Breaks Wedge Pattern As $120,000 Target Emerges

BTC Technical Outlook (Source: TradingView)

Technical Analysis: On the 4-hour chart, Bitcoin broke out of a multi-week falling wedge as trading volumes improved, confirmed by a rising On-Balance Volume indicator. 

The price is holding above clustered moving averages between $112,600 and $113,300, which now serve as near-term support.

Resistance sits near $118,000, aligned with the neckline of a rounded bottom formation. 

A clear move above that level could open the path toward $120,000–122,000, while a drop below $114,000 would expose downside risk toward $110,000–108,000.

Uptober Stats Hint At Another Monster Rally For BTC

BTC Monthly Returns Analysis (Source: Coinglass)

October has historically been a standout month for Bitcoin. 

According to Coinglass, BTC has averaged a +20.24% return since 2013, with gains posted in nine of the last 12 Octobers. 

Notable rallies include +47.81% in 2017, +39.93% in 2021, and +27.7% in 2020.

This seasonal pattern, dubbed "Uptober," often fuels speculative inflows, with November also delivering strong historical gains, averaging +46%.

Read Also: FIS Stock Outlook: Why Trouble May Linger Until 2028

Metaplanet Snaps Up 25,555 BTC In Treasury Power PlayJapanese firm Metaplanet Inc. disclosed a purchase of 5,419 BTC at an average of ¥17.28 million ($115,633) per coin, spending ¥93.65 billion ($637 million).

This brings its total holdings to 25,555 BTC, accumulated at an average cost of ¥15.58 million ($106,000).

The company has aggressively expanded its treasury since March, when it held just 4,000 BTC, and now ranks among the largest corporate holders globally. 

Its roadmap includes scaling to 1% of Bitcoin's supply by 2027, backed by more than ¥500 billion ($3 billion) in raised capital.

Metaplanet also introduced perpetual preferred shares to fund purchases without diluting equity, signaling an innovative financing model for corporate adoption.

Outlook For October 2025With resistance levels cleared and seasonal trends favorable, Bitcoin enters October with momentum tilted to the upside. 

The near-term outlook points toward $120,000–125,000, though a pullback below $114,000 would put the rally at risk.

Sentiment is also supported by continued corporate accumulation and remarks from prominent industry figures, including Telegram CEO Pavel Durov, who emphasized Bitcoin's fixed supply and suggested it could underpin valuations approaching $1 million.

Read Next:

Telegram CEO Pavel Durov Reveals Secret To Hiring Top Engineers: Win A Coding Contest Or Forget It
Image: Shutterstock

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2025-10-01 12:23 3mo ago
2025-10-01 07:50 3mo ago
ASTER rebounds to $1.70 as CZ eases market fears cryptonews
ASTER
ASTER tokens bounced from recent local lows of $1.50, recovering the $1.70 level. The asset recovered after Binance’s Changpeng ‘CZ’ Zhao stated he believed the price dip was a temporary shaking of weak hands. 

ASTER recovered to $1.70, following a local low of $1.50. The token regained its upward momentum, after Changpeng ‘CZ’ Zhao stated he believed the latest crypto market downturn is the usual shaking out of weak hands. 

Markets always try to shake out the weak hands. The foundation/support is more solid without them. 🤷‍♂️

— CZ 🔶 BNB (@cz_binance) October 1, 2025

The recovery arrived after ASTER briefly wiped out 30% of its value, diminishing its market cap by $1B within hours. The price drop happened right after Zhao spoke during an X space at @Shillin_villian, outlining the risks and opportunities of the Aster DEX. 

ASTER dipped to local lows of $1.50, before recovering the $1.70 range. | Source: CoinGecko.
ASTER fell prey to FUD on having a sniped supply, wash trading, or other non-organic activities. However, Zhao also expressed long-term support for the project, in its bid to challenge Hyperliquid and become a leading perp DEX. 

Is ASTER undervalued? 
According to the recent X Spaces moderator Alex, ASTER has an extremely high mindshare, yet it is underperforming. The project has shown to be profitable from its initial trading days, easily challenging other perp DEX. 

The amount of mindshare aster has while the token price is moving slowly is very peculiar

Somethings off… This token is gonna send

Its too profitable and its too under priced

Something is holding it back… cant put my finger on it… but dont get shaken out

— Alex (@ShiLLin_ViLLian) October 1, 2025

The Aster perp DEX continues to produce fees of over $15M per day, with over $25M as of September 28, an all-time peak. As Cryptopolitan reported earlier, Aster gained significant exposure from its fee generation. 

The trading of ASTER still depends on decentralized markets, which are more chaotic. Retail investors are also not always looking at the long-term value of the Aster project. 

ASTER also trades on the open market, unlike HYPE, which started out on its own native platform. Currently, ASTER relies on Bybit, Gate, and MEXC, though the token expects major listings in October. 

Can Aster challenge Hyperliquid? 
Hyperliquid still produces over $3M in daily fees, and continues to attract high-profile whales. For Aster, the initial growth in mindshare cannot translate into tracking whale positions, due to the structure of the DEX and its dark liquidity pools. 

For now, Aster still lags behind Hyperliquid, which carries over $12B in total open interest, while Aster is still at around $1.5B in open interest.

Aster is also still relying on point farming, and offers no other services except perp DEX trading. Hyperliquid’s ecosystem has already added tokens, as well as NFTs, and retains its first-mover advantage. 

The coming weeks may change the ratio, if Aster continues its rapid growth. Currently, the new perp DEX advantage suggests ASTER is undervalued, based on the fee production. However, for now Aster traders have logged relatively smaller earnings when compared to top Hyperliquid whales. Despite this, whale trader James Wynn switched to promoting his Aster signup code, though still trading on Hyperliquid.

Hyperliquid is also not giving up, as its token retains some strength. HYPE recovered to $45.61 following the latest downturn, expecting a bigger potential breakout. HYPE has also been challenged by other projects with a similar model, though their tokens have diminished over time. 

Get $50 free to trade crypto when you sign up to Bybit now
2025-10-01 12:23 3mo ago
2025-10-01 07:51 3mo ago
SWIFT Tests A Blockchain Ledger With 30+ Banks -- What It Means For XRP cryptonews
XRP
Is Ripple's edge at risk as SWIFT tries out the blockchain? Short answer: not yet, but the long game just got interesting.

International payments need a fresh coat of modern paint. Old-school solutions from Society for Worldwide Interbank Financial Telecommunication (SWIFT), MoneyGram, and Western Union are too slow and too expensive. Newer options like PayPal (PYPL -3.70%) or Wise (WIZE.Y -3.59%) aren't always faster or cheaper.

Many investors see XRP (XRP 3.37%) and the integrated RippleNet service as the obvious answer. Ripple transactions can move money from one country to another in seconds, with average fees of $0.0002 per transfer. Ripple Labs has established local banking partnerships in dozens of countries, making the transfer experience seamless for most users. Send a few dollars to Sweden, and your friend, uncle, or e-commerce retailer receives a handful of Swedish kronor (SEK) right away.

Surely, the XRP/Ripple system must disrupt international payments over time. No one else is working on a modern, digital global money transfer platform, right?

Image source: Getty Images.

What SWIFT's blockchain move is (and isn't) at this early stage
Except good old SWIFT is actually making digital moves right now.

The Belgium-based organization just kick-started its own crypto-powered payment system. It's not exactly a brand-new service, but the addition of a blockchain-driven transaction ledger to the existing SWIFT system. The effort involves more than 30 financial institutions, including global giants like Bank of America (BAC -1.57%), Citi (C -1.57%), JPMorgan Chase (JPM -0.05%), and Toronto-Dominion Bank (TD 0.21%). Some of these mega-banks have been loud critics of blockchain solutions in the past; it's nice to see them on the other side of the argument here.

The first step is an early stage conceptual prototype by Ethereum (ETH 3.25%) developer ConsenSys. This approach combines SWIFT's decades of trust-building with a fast, secure, and low-cost digital ledger, most likely using tokens on the Ethereum blockchain.

"A digital shared ledger, created with the SWIFT community, offers transparency and interoperability, two priorities to effectively manage cross-border payments in a 24/7 world," said AJ McCray, Bank of America's head of global payments, in a prepared statement.

What this means for XRP right now (spoiler alert: not much yet)
XRP investors will note that Monday's announcement didn't erase the Ripple token from the crypto market. XRP gained 0.2% on Monday -- a bit slower than Bitcoin's (BTC 3.26%) 2.5% jump or Ethereum's 2.3% price increase, but still a solid price gain.

SWIFT's blockchain ambition is just not that big of a deal -- yet.

You see, SWIFT appears to hold most of the cards in this game. Rumor has it that the group is kicking the tires of an XRP-based payment system, too. There may be other blockchain programs in the works that just haven't seen daylight and made headlines yet.

Indeed, SWIFT might end up with several new transaction rails that can handle payments faster and cheaper than the old money wires. Some future version of the Ethereum system could end up side by side with a Ripple-like XRP setup. Other options could include versatile blockchain platforms such as Polkadot (DOT 4.74%), Solana (SOL 5.10%), or Avalanche (AVAX 4.52%). I'm not saying that these cryptos absolutely have active SWIFT work going on, but I sure wouldn't be surprised to hear the news.

SWIFT and XRP are playing the long game
At their core, blockchains and cryptocurrencies are just a new way to manage secure transactions and ownership on a global scale. I see no reason why SWIFT shouldn't explore these newfangled digital ledgers in several concurrent development projects.

One day, different SWIFT transactions might just use different back-end systems, depending on what's best in each specific case. If I'm on the right track with this line of thought, I'm sure XRP will handle plenty of that business. Then again, so will Ethereum and maybe even the old bank-messaging systems.

Only time will tell what SWIFT will look like in 5 or 10 years, or which cryptocurrencies will shape the group's services over time. But SWIFT is not going quiet into that good night, choosing instead to explore the new world of digital payments. It's not the end of XRP's hopes and dreams, but perhaps the start of a more pleasant SWIFT experience.

Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Citigroup is an advertising partner of Motley Fool Money. Anders Bylund has positions in Bitcoin, Ethereum, Polkadot, Solana, and XRP. The Motley Fool has positions in and recommends Avalanche, Bitcoin, Ethereum, JPMorgan Chase, PayPal, Solana, Wise Plc, and XRP. The Motley Fool recommends the following options: long January 2027 $42.50 calls on PayPal and short September 2025 $77.50 calls on PayPal. The Motley Fool has a disclosure policy.
2025-10-01 12:23 3mo ago
2025-10-01 07:51 3mo ago
a16z and Uniswap Among Nominees in Crypto Security ‘Popularity Contest' cryptonews
UNI
TL;DR

Awards Launch: SEAL opened voting for 29 nominees in its Safe Harbor Champion Awards, split into adopters and advocates.
Industry Adoption: Platforms like Uniswap and Pendle, plus firms such as a16z and Paradigm, are recognized for embracing or promoting Safe Harbor.
White Hat Impact: Volunteer hackers have recovered millions from exploits, with SEAL’s latest defense limiting NPM attack losses to under $500.

The Security Alliance (SEAL), a nonprofit dedicated to Web3 safety, has launched the 2025 Safe Harbor Champion Awards, spotlighting organizations that have embraced or promoted its white hat protection framework. The initiative, described by SEAL as a “public popularity contest,” invites the crypto community to vote on social media for nominees ranging from decentralized finance protocols to venture capital firms.

🏆 Introducing the nominees for our 2025 SEAL Safe Harbor Champion Awards! Vote for the crypto leaders strengthening security & protecting user funds.

Your votes determine who wins in each category!

1️⃣ Adopters
2️⃣ Advocates

Vote by engaging with the campaign posts from your… pic.twitter.com/atzBl4EuOx

— Security Alliance (@_SEAL_Org) October 1, 2025

Voting Opens for Safe Harbor Awards
SEAL announced that 29 nominees are competing across two categories: adopters and advocates. Voting is conducted on X, where users can support candidates by liking, reposting, or replying to campaign posts. According to SEAL co-leads Dickson Wu and Robert MacWha, the awards build on the Safe Harbor Agreement introduced in 2024, which shields ethical hackers who intervene during active exploits from criminal liability. The group emphasized that visibility and recognition will encourage more projects to adopt the framework.

Adopters and Advocates Highlighted
The Adopters category includes major decentralized finance platforms such as Alchemix, Balancer, ENS Domains, Immunefi, PancakeSwap, Polymarket, Uniswap Foundation, and zkSync. These projects have formally integrated the Safe Harbor rules to protect white hats. On the Advocates side, nominees include a16z Crypto, Paradigm, Dragonfly, Cooley LLP, Debevoise, LeXpunK Army, PowerhouseDAO, the Filecoin Foundation, and cybersecurity firm Osec. SEAL praised these groups for promoting Safe Harbor and encouraging broader industry adoption.

White Hats Recover Billions
SEAL currently counts 79 volunteer white hat hackers who respond to active threats. As of October 1, 14 decentralized finance protocols with roughly $20 billion in total value had adopted the framework. Notable adopters include Pendle, managing $10 billion, and Uniswap, with nearly $6 billion in locked deposits. White hats have previously recovered millions, including $2.6 million from the Morpho exploit, $5.4 million returned to Curve Finance, and $12 million safeguarded during the Ronin bridge incident.

Recent Collective Defense Efforts
In 2025, SEAL coordinated a defense against the NPM supply chain attack, which compromised JavaScript libraries and targeted over 50 crypto platforms. Hackers attempted to exploit tokens such as BRETT, DORKY, VISTA, and GONDOLA, but SEAL’s intervention limited total losses to under $500. The organization argues that every new adopter strengthens the ecosystem, ensuring exploits are stopped faster and fewer users lose funds.
2025-10-01 12:23 3mo ago
2025-10-01 07:59 3mo ago
Tether Brings USAT to Rumble: A New Push into U.S. Crypto cryptonews
USAT USDT
TLDR:

Tether partners with Rumble to roll out the USAT stablecoin, aiming for fast adoption in U.S. crypto markets.
Rumble will integrate a wallet offering USAT access, tapping into its 51 million monthly active users.
Tether invested $775 million in Rumble in 2024, securing a 48% stake before launching this new U.S. stablecoin.
USAT is built to meet U.S. federal stablecoin rules under the GENIUS Act, opening a path for regulated adoption.

Tether has struck a high-stakes partnership with video platform Rumble to promote its newly launched USAT stablecoin in the U.S. The alliance aims to tap Rumble’s audience to drive adoption. 

The move underscores Tether’s return to the U.S. stablecoin arena. It follows Tether’s earlier investment in Rumble and a growing regulatory opening. Tether CEO Paolo Ardoino unfolded the plan live at TOKEN2049 in Singapore.

Tether Leverages Rumble to Propel USAT Adoption
According to report, Tether will use Rumble as a key distribution channel for USAT stablecoin in the U.S., Ardoino announced. 

He said Rumble will introduce a crypto wallet integrating USAT and other stablecoins, expected later in the year. That wallet becomes a direct path for Rumble’s users to access crypto dollars. The tie-up is central to Tether’s push into regulated U.S. markets.

Rumble reportedly attracts about 51 million active users per month, a potential gateway for new on-ramps. Tether already holds a 48 % equity stake in Rumble, following a $775 million investment made in late 2024. That capital injection gave it substantial influence over the platform.

Tether insists that USAT is designed to satisfy U.S. regulatory standards. It sees Rumble’s crypto wallet as a mechanism for compliance and scale. The project relies on the existing user base rather than building audiences from scratch. With this method, Tether hopes to accelerate crypto adoption in the American stablecoin market.

Because it’s a reported-speech and factual approach, the announcement aims to stay transparent. It avoids hype. It frames the partnership as a strategic extension of Tether’s offerings, rather than just a marketing stunt.

Crypto Price, Market Moves & U.S. Stablecoin Strategy
USAT is part of Tether’s policy to reenter the U.S. stablecoin sector under new legislation. The GENIUS Act passed in July created a federal stablecoin framework. That provides legal cover for dollar-backed digital currencies in the U.S.

Tether’s flagship USDT remains a major presence globally. But in the U.S., Tether now faces competition from Circle’s USDC and others. The new alliance with Rumble signals a more aggressive approach to gaining market share at home.

Market watchers will track how this partnership affects token price and liquidity. If Rumble’s wallet onboarding works, USAT could gain early interest from Rumble’s base. At the same time, scrutiny from regulators and audits will matter greatly.

Finally, the success of this integration may shape how other stablecoin issuers view distribution. Using a media platform as a channel could become a trend. But for now, the direct link between Rumble and Tether remains the headline news.
2025-10-01 12:23 3mo ago
2025-10-01 08:00 3mo ago
Aleo and Paxos Labs Launch Privacy-Focused Dollar Stablecoin Aimed at Institutions cryptonews
ALEO
Aleo and Paxos Labs Launch Privacy-Focused Dollar Stablecoin Aimed at InstitutionsThe USAD token encrypts transaction data end-to-end, aiming to enable private, programmable digital dollars. Oct 1, 2025, 12:00 p.m.

Paxos Labs and the Aleo Network Foundation are working to launch a U.S. dollar-pegged stablecoin that aims to preserve user privacy, and appeal to financial institutions, the companies said.

Unveiled on Wednesday, the USAD token was built on Aleo’s zero-knowledge (ZK) layer 1 blockchain and issued through Paxos Labs, a regulated infrastructure provider that was incubated under Paxos, the firm behind popular stablecoins such as PYUSD$1.0000 and the Global Dollar (USDG).

STORY CONTINUES BELOW

Stablecoins are a fast-growing class of cryptocurrencies that are increasingly considered as a cheaper, faster alternative for moving money globally. They are tokens with prices tied to fiat money like the U.S. dollar, and use blockchains to settle transactions. Interest in stablecoins has accelerated with U.S. President Donald Trump signing the GENIUS Act into law earlier this year, enacting federal standards for stablecoin issuers.

Unlike conventional stablecoins such as Tether's USDT and Circle's USDC, Aleo's stablecoin encrypts wallet addresses and transaction amounts, shielding them from public view.

That design could appeal to financial institutions wary of exposing sensitive transactions data on-chain.

"Stablecoins have proven to be one of the most powerful innovations in financial markets, and we are only scratching the surface," said Bhau Kotecha of Paxos Labs in a statement. USAD aims to "bring digital dollars into a new era where enterprises can embed money that is private, programmable and trusted from the ground up," he added.

The new token fits into The Aleo Network Foundation's focus of developing cryptographic tools that allow for programmable transfers without revealing counterparties. The project drew venture capital backing from a16z, Coinbase Ventures and SoftBank among others.

"Privacy is the missing link in blockchain adoption at scale, and with USAD we are proving it can exist in a programmable stablecoin," said Leena Im, chief operating officer at The Aleo Network Foundation. "By pairing Aleo’s technology with Paxos Labs’ issuance stack, we are taking a joint, front-door approach with enterprises to show that digital dollars can be both trusted and transparent to oversight while protecting user confidentiality."

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.

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2025-10-01 12:23 3mo ago
2025-10-01 08:00 3mo ago
Bitcoin Will Go To $1 Million, Telegram Founder Durov Predicts cryptonews
BTC
Pavel Durov, the founder and CEO of Telegram, used a wide-ranging conversation on the Lex Fridman Podcast to make one of his clearest long-term calls on Bitcoin yet: “I believe it will come to a point when Bitcoin is worth $1 million.” The remarks appear on Fridman’s newly released episode with Durov.

Why Bitcoin Will Reach $1 Million: Pavel Durov
Pressed by Fridman on why he kept accumulating Bitcoin and whether he sees further upside, Durov traced his conviction to the asset’s earliest days and to its monetary design. “I was a big believer in Bitcoin since more or less the start of it,” he said, recalling that he bought “my first few thousand of Bitcoin in 2013,” around “$700 per Bitcoin,” and refused to sell even as the price later fell toward $300.

“And my response to them was, I don’t care. I’m not going to sell it. I believe in this thing.” For Durov, the crux is Bitcoin’s censorship resistance and predictable issuance: “Nobody can confiscate your Bitcoin from you. Nobody can censor you for political reasons. This is the ultimate means of exchange… The governments keep printing money like no tomorrow. Nobody’s printing Bitcoin. There is a predictable inflation and then it stops at a certain point. Bitcoin is here to stay.”

Durov also drew a sharp line between his personal finances and Telegram’s operating economics, saying Bitcoin appreciation has effectively financed his lifestyle, not profits from the company. “Telegram is a money losing operation for me personally. Bitcoin is something that allowed me to stay afloat,” he noted, adding that his long-term horizon on the asset has not changed since his early purchases more than a decade ago.

The timing of Durov’s $1 million thesis is notable given Telegram’s expanding role at crypto’s consumer edge. The company has progressively integrated the TON ecosystem into its product and business model, committing to Toncoin-based ad payments and revenue sharing for channel owners and opening its advertising platform to a broad set of markets. That TON-denominated ad infrastructure has been credited with catalyzing user and developer activity across Telegram’s mini-app economy.

On the wallet side, Telegram’s crypto functionality—first rolled out internationally—extended to the United States in July 2025, with the TON community’s wallet mini-app enabling in-app transfers and payments. The US expansion followed what Telegram described as nine-figure global wallet activation metrics in 2024, underscoring the scale of a potential distribution channel for on-chain payments and games.

As for the $1 million number itself, Durov anchored it in supply discipline and fiat debasement rather than in short-term market catalysts. His reasoning tracks with hard-cap arguments long advanced by Bitcoin’s most committed holders: issuance is programmatic and terminal, while fiscal and monetary expansion remains discretionary.

JUST IN: Telegram CEO says he thinks Bitcoin will go to $1,000,000 👀

“The governments keeps printing money like no tomorrow. Nobody is printing bitcoin.” 🚀 pic.twitter.com/AiDwr7xVkQ

— Bitcoin Magazine (@BitcoinMagazine) September 30, 2025

Whether that macro narrative alone can deliver seven-figure prices is a market question; what Durov made clear is that his own positioning reflects a decade of conviction. “Just look at the trends,” he told Fridman. “Bitcoin is here to stay. All the fiat currencies remain to be seen.”

At press time, Bitcoin traded at $114,372.

BTC trades back above $114,000, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
2025-10-01 12:23 3mo ago
2025-10-01 08:04 3mo ago
Is MrBeast Really Buying Aster In Bulk Amid Price Dip? cryptonews
ASTER
MrBeast apes into Aster token, upping his balance to $1.6 million: echo chamber or the real deal?

Published:
October 1, 2025 │ 11:20 AM GMT

Created by Kornelija Poderskytė from DailyCoin

Crypto currency whales have been lately filling up their bags with Aster coin (ASTER), a newcomer token that’s tied to the emerging Perpetuals crypto exchange of the same name. Mr.Beast, the popular YouTuber known for unique challenges and charity work, has reportedly aped into ASTER coin as well.

The Curious Case Of MrBeast’s Entrance Into ASTERPer SpotOnChain’s research, MrBeast acquired a hefty 167,436 ASTER tokens for $320,587, paid in Tether USD (USDT). Moreover, the YouTuber nearing 442 million followers on his channel had allegedly bought 705,821 ASTER coins for $1.33 million since last week, upping the associated crypto wallet’s balance to $1.6 million.

On the other hand, there’s contradictory evidence of the crypto wallet belonging to MrBeast, as the YouTuber previously responded to LookOnChain’s analysis refuting any association to the crypto wallet in question. Weirdly enough, blockchain data agencies keep on tagging MrBeast’s X account on further price movements, without any response from the streamer.

Aster Coin Dips 20%, Adding To Market Shake-OutThrowing down the gauntlet to HyperLiquid for the king exchange status across Perpetual markets, Aster coin saw a tremendous spike to $2.43 last week, but since has backtracked to $1.70. Market connoisseurs are calling it a ‘shake-out’, meaning that this crypto market dip is supposed to open up opportunities for crypto whales to buy more, while retail players panic sell.

Meanwhile, some crypto analysts believe that $10 is a plausible target if Aster DeFi exchange edges Hyperliquid by average daily trading volumes, as well as market capitalization. Last week, Aster’s DEX nearly tripled Hyperliquid’s 7-day trading volume from $228.02 billion to $80.53B, according to DeFi stats from CoinMarketCap.

Currently at the 50th position, the fresh-off-the-boat altcoin is nearing a $3 billion global market cap. Up 13.61% from the cycle low of $1.50, Aster’s price regains momentum while still being over 29% down from the all-time high after a 1,602% run since inception two weeks ago. On the other hand, the looming $700 million Aster token unlock this month could shuffle the cards.

Discover DailyCoin’s hottest crypto trends:
Ripple CTO Dips Out, XRP Trading Hits $5B: Price To Pop?
Altcoins Surge as BTC Holders HODL: Bullish Momentum Coming?

People Also Ask:Who’s MrBeast, and what’s Aster?

MrBeast (Jimmy Donaldson) is a YouTube star famous for wild giveaways. Aster (ASTER) is a crypto token for a blockchain-based trading platform.

Is MrBeast really scooping up Aster?

Yup! Blockchain data shows MrBeast snagged over $1M in ASTER tokens since September 21, 2025, including $320K recently, totaling ~705,820 tokens.

Why buy during Aster’s price dip?

He’s snapping up tokens at a low (~$1.87) during a 5% price drop, likely betting big on Aster’s future as its trading platform rakes in $14.3M daily.

What sparked the bullish buzz?

Crypto trackers like Lookonchain caught MrBeast’s wallet moves, igniting hype. Some even whisper about Trump family ties fueling the chatter.

Should I jump on Aster now?

It’s tempting, with analysts eyeing a price surge. But crypto’s risky—research hard, brace for volatility, and only invest what you can lose.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
2025-10-01 12:23 3mo ago
2025-10-01 08:04 3mo ago
Ripple's Long-Time CTO and XRP Architect David Schwartz To Step Back By End Of Year, Join Board cryptonews
XRP
Ripple’s Chief Technology Officer, David Schwartz, announced plans to “step back from [his] day-to-day duties” after more than a decade at the company.

Schwartz, one of the original architects of the XRP Ledger, announced in a Tuesday X post that he would be scaling back his responsibilities at Ripple after roughly 13 years at the blockchain firm.

“The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year,” he wrote. Describing his time with Ripple as “a wild ride,” Schwartz indicated that the decision will allow him to spend more time with family while remaining active in the XRP community.

“But be warned, I’m not going away from the XRP community. You haven’t seen the last of me—now or ever.”

Schwartz Isn’t Cutting Ties Completely
After consulting for the NSA, Schwartz joined Ripple in 2011 as a cryptographer, helping design the ledger that underpins XRP transactions. He climbed the ranks to become the CTO in 2018,  and has since become one of the most recognizable voices in the XRP community, defending the ledger’s role against critics and guiding its evolution through regulatory battles and technical upgrades. 

Advertisement
 

He will remain at Ripple as “CTO emeritus” — referring to an honorary title — and join the company’s board of directors.

“The last few months I’ve been tinkering on the side – spinning up my own XRPL node and publishing its output data, researching other use cases for XRP (besides what Ripple is focused on), and more,” he posted. “I truly enjoy this part — getting my hands dirty, talking to builders, coding for the pure love of it — and I’m really excited to get back to that. More to come on this very soon, I’m sure.”

Ripple CEO Brad Garlinghouse stated on X that Schwartz was a “true OG in crypto,” touting the move. “I’m glad you won’t be far as you join the Ripple board, continuing to impart your deep crypto wisdom and guidance on what we’re building,” Garlinghouse added. A Ripple spokesperson confirmed that Dennis Jarosch, the firm’s senior vice president of engineering, will lead the technical team going forward.

The leadership change comes as Ripple positions its dollar-pegged stablecoin RLUSD deeper into tokenized treasury markets and boosts the XRP Ledger’s use cases beyond international payments.

Data from the crypto data provider CoinGecko shows that the price of 

XRP surged roughly 3.4% from $2.82 to $2.95 in the hours after Schwartz’s announcement. The cross-border payments token smashed its current all-time high price of $3.65 on July 18, 2025.
2025-10-01 12:23 3mo ago
2025-10-01 08:04 3mo ago
Ripple CTO David Schwartz Steps Down After Years of Leadership cryptonews
XRP
14h05 ▪
3
min read ▪ by
Ariela R.

Summarize this article with:

A key figure in the crypto world, David Schwartz, Chief Technology Officer of Ripple, announces his retirement. This planned departure redefines roles within the company while preserving strategic continuity.

In brief

David Schwartz leaves his position as CTO at Ripple after 13 years of commitment within the crypto company.
He remains active in the crypto company by joining the board of directors as Emeritus CTO.

A major crypto player leaves the operational stage
On September 30, 2025, David Schwartz confirms that he will leave his duties as CTO at Ripple at the end of the year. This pillar of the crypto ecosystem now wishes to devote himself to his family and personal passions.

Schwartz, an influential developer in the crypto sector, largely contributed to the creation of the XRP Ledger. He joined Ripple at its inception and has held the role of CTO since 2018, succeeding:

Stefan Thomas;
Jed McCaleb (another crypto pioneer).

In his message, he reflects on his journey. From his years at the NSA to his involvement in creating the XRP Ledger, he speaks of a career marked by some of the most enriching experiences. His departure thus marks a milestone in Ripple’s evolution, one of the flagship companies in the crypto sector.

David Schwartz remains in the crypto ecosystem via the board of directors
While the iconic CTO leaves the technical leadership, he does not abandon the crypto scene. David Schwartz indeed joins Ripple’s board of directors. He will hold the position of Emeritus CTO. He will thus continue to participate in strategic reflections while maintaining a link with the XRP community.

Reactions were swift. Brad Garlinghouse, CEO of Ripple, paid tribute to his colleague by humorously stating on X:

Wait…does this mean you’re my boss now!?!

For her part, Ripple Chairwoman Monica Long praised Schwartz’s ingenuity, integrity, and humility. She recalled the importance of his work to build the crypto community around XRP.

David Schwartz thus embodies a generation of builders in the crypto sector. His gradual retreat does not signal an end but a repositioning at the heart of Ripple’s governance. For now, no name has yet been announced to succeed him in technical leadership.

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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!)

DISCLAIMER

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.
2025-10-01 12:23 3mo ago
2025-10-01 08:04 3mo ago
Bitcoin Reignites Correlation With Gold as Price Approaches $117K cryptonews
BTC
TL;DR

Bitcoin is edging toward $117,000 after several days of steady gains, driven by renewed institutional bidding.
Gold has simultaneously reached fresh all-time highs, prompting traders to interpret both rallies as a convergence between traditional and digital stores of value.
Analysts warn that a clean reclaim of the $117,500 zone may trigger an aggressive move toward uncharted territory before month-end.

Bitcoin continues to reinforce its status as a digital alternative to gold while the BTC/USD pair advances despite ongoing warnings about pending liquidations across exchange order books. Recent data shows that price action has consistently held key support levels even as retail leverage increases, a structure that often precedes sharp extensions when late-positioned traders get forced out of the market. Some trading desks report that spot buyers are now more dominant than futures participants, a sign of healthier market structure compared to previous speculative cycles.

Multiple chart watchers point to the $117,500 cluster as a technical inflection point. A decisive breakthrough could open the path toward the $120,000 region, historically known for attracting large-scale profit-taking. So far, bearish pressure has remained muted, surprising even those who expected a prolonged consolidation after a strong third-quarter close. Seasoned traders argue that the current setup resembles early breakout phases seen during previous moments, where initial resistance zones eventually gave way to exponential upside.

Derivatives desks note a rapid increase in volume, particularly in contracts targeting prices above $125,000 before month-end. That buildup suggests a portion of the market is pricing in continuation rather than retracement. Should this momentum persist, volatility could accelerate within hours, rewarding early entries positioned for trend expansion. Options traders highlight a growing preference for longer-dated calls, indicating that investors are no longer viewing $100,000 as a distant milestone but rather as confirmed support.

Gold Rally Surpasses Market Projections
Gold’s surge beyond $3,800 per ounce has reignited comparisons between both assets. The long-standing debate over whether Bitcoin can function as a protective asset alongside precious metals gains credibility each time both instruments push upward in tandem, rather than competing for capital flows. Portfolio managers who once dismissed Bitcoin on grounds of volatility now argue that its asymmetric returns justify strategic exposure when inflation expectations remain elevated.

Institutional Rotation Strengthens
Funds dedicated to digital assets report steady inflows since the start of the week, with capital arriving from portfolios typically restricted to physical commodities. If this rotation extends further, markets may witness a phase in which gold holds elevated territory while Bitcoin absorbs the bulk of speculative appetite.  
2025-10-01 12:23 3mo ago
2025-10-01 08:07 3mo ago
Japanese Metaplanet Becomes Fourth-Largest Listed Bitcoin Holder With $600 Million BTC Buy cryptonews
BTC
Japanese investment company Metaplanet has vaulted into the top four publicly listed Bitcoin holders worldwide, after acquiring an additional 5,268 BTC, worth approximately $600 million.

The Tokyo Exchange-listed firm bought the coins at an average price of $116,000 (¥17.39 million) per Bitcoin, bringing its total stockpile to 30,823 BTC, valued at approximately $3.58 billion at an average acquisition cost of $108,000 per coin.

The latest purchase elevates Metaplanet past Bitcoin Standard Treasury Company to claim the fourth spot among corporate Bitcoin holders, trailing only Strategy, MARA Holdings, and XXI, according to Bitcoin Treasuries data.

According to Metaplanet CEO Simon Gerovich, the company’s Bitcoin Income Generation segment recorded quarterly revenue of $16.16 million (¥2.438 billion), which is a 115.7% growth from Q2 2025.

“Q3 results demonstrate operational scalability and strengthen the financial foundation for our planned Metaplanet preferred share issuance, which supports our broader Bitcoin Treasury strategy,” Gerovich wrote in the Oct. 1 post.

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Wednesday’s BTC purchase follows a $633 million BTC acquisition that was announced Sept. 21, which is Metaplanet’s biggest Bitcoin buy to date.

Metaplanet has achieved a BTC Yield of 95.6% in Q1 2025, followed by 129.4% in Q2 2025. For the current quarter, from July 1 to September 22, 2025, the company reported a BTC Yield of 33%, according to the statement.

Metaplanet announced last month that it is raising $1.4 billion by issuing 385 million new shares, with the proceeds earmarked for more Bitcoin investments.

Recently, the company also established Metaplanet Income Corp., a Miami-based subsidiary with $15 million in capital, to scale a growing “Bitcoin income generation” line to manage derivatives operations separately from treasury activities.

Public Companies’ Bitcoin Holdings Surpass 1 Million BTC
BitcoinTreasuries.NET data reveals that public companies now hold roughly 1,039,178 Bitcoin, worth a whopping $121 billion, as more companies tout Bitcoin’s potential to bolster their balance sheets. This accounts for nearly 5% of the premier crypto’s total supply. 

Saylor’s treasury company, Strategy, holds by far the biggest Bitcoin stash at 640,031 BTC, while MARA Holdings has held steady in second position with 52,477 BTC after mining 705 BTC in August.

Overall, Bitcoin in treasuries, including exchange-traded funds (ETFs), governments, exchanges, and private companies, has crossed 3.8 million BTC, valued at over $440 billion. 

Altcoin-based treasuries have also gained significant traction. Ether-based treasuries, including reserve entities and exchange-traded funds (ETFs), hold 12.14 million ETH, valued at $52 billion, data tracker Strategic ETH Reserve shows.
2025-10-01 12:23 3mo ago
2025-10-01 08:08 3mo ago
Crypto Markets Today: Market Rallies, Altcoins Lead Gains; Zcash Hits 16-Month High cryptonews
ZEC
NewsPricesDataIndicesResearchEventsSponsoredSign InSign UpBitcoin and ether climbed nearly 3% each, but altcoins stole the spotlight with double-digit surges as traders bet on a fresh “altcoin season.”Updated Oct 1, 2025, 12:08 p.m. Published Oct 1, 2025, 12:08 p.m.

(Asa E K/Unsplash)

What to know: Zcash (ZEC) soared 41% to its highest level since May 2022, while DeFi tokens like Ethena (ENA), Curve (CRV), and Raydium (RAY) also posted notable gains.A looming U.S. government shutdown has weakened the dollar and pushed gold to record highs, creating a favorable risk environment for crypto.Despite bullish positioning in futures and options, average crypto RSI levels suggest markets may be approaching overbought territory, hinting at potential cooling.The crypto market experienced a boost on Wednesday with majors bitcoin BTC$111,480.33 and ether ETH$4,298.62 rising 2.9% and 3.1% respectively.

But the real story was in the altcoin market as several tokens rose by double-digits as investors speculate on another phase of "atlcoin season."

STORY CONTINUES BELOW

ZEC hit its highest point since May 2022 while a number of DeFi tokens also experienced moves to the upside.

The market uptick comes alongside a backdrop of the U.S. government shutdown, which has spurred gold prices to record highs and caused a sell-off in the dollar.

Derivatives Positioningby Jacob Joseph

The BTC futures market continues to show a strengthening bullish bias. The overall futures open interest remains high at around $31.69 billion, reflecting sustained trader engagement, with Binance still leading the pack at $13.19 billion. Concurrently, the 3-month annualized basis is holding firm between 6% and 7%, indicating that the yield from the basis trade remains robust. This consistent metric across both open interest and basis suggests that traders are not only increasing their exposure but are doing so with conviction, reinforcing the positive sentiment observed in the market.The BTC options market continues to show a divergence between its key metrics, presenting a complex picture of market sentiment. While the 25 Delta Skew for short-term options remains low, suggesting that traders are still willing to pay a premium for puts to hedge against downside risk, the 24-hour Put/Call Volume points to a surge in bullish speculation. The latest data shows that calls now make up 63.54% of the total volume, a strong reversal from a put-dominated market. This conflicting data indicates a highly polarized environment where some traders are hedging against potential price drops, while a larger number are actively betting on a short-term rally.Funding rates have not only remained positive on major exchanges like Binance and OKX, but have picked up across the board, including on the historically volatile Hyperliquid. Deribit, in particular, is seeing a significant premium, with its annualized funding rate jumping to 17%. This indicates a strong and sustained demand for leveraged long positions, as traders are consistently willing to pay a high premium to hold their bullish bets. The widespread positive funding across all major platforms signals a collective market conviction in a continued upward trend for BTC.Coinglass data shows $644 million in 24 hour liquidations, with a 38-62 split between longs and shorts. BTC ($166 million), ETH ($164 million) and Others ($69 million) were the leaders in terms of notional liquidations. Binance liquidation heatmap indicates $116,650 as a core liquidation level to monitor, in case of a price rise.Token TalkBy Oliver Knight

Privacy token ZEC$94.18 is leading the pack on Wednesday, rising to its highest point since May 2022 following a break out against its bitcoin and dollar trading pairs.ZEC touched $97.25 before retreating back to around $92.00 - a 41% rise for the day on the back of a 36% rise in daily trading volume to $300 million.The surge comes alongside a boost across the wider altcoin market, with DeFi tokens ENA$0.5889, curve (CRV) and RAY$2.6577 all increasing by more than 8%.A number of catalysts triggered the crypto recovery; notably the U.S. government shutdown that brought the dollar lower and gold to fresh record highs at $3,887.Altcoins have outperformed bitcoin so far on Wednesday, although it's worth noting that the average crypto relative strength index (RSI) is approaching overbought territory, suggesting that a period of consolidation is on the cards as the market begins to cool.One market outlier was aster, the native token of its namesake's BNB Chain-based perpetual exchange. ASTER slumped by 6.8% on Wednesday to compound a 25% decline over the past week as hype in the HyperLiquid rival begins to fade.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

Strategy Posts Q3 Profit, Keeping it on Radar for S&P 500 inclusion.

15 minutes ago

The muted price action may not have been to the bulls liking, but bitcoin rose over the past three months, allowing MSTR to post a sizable profit.

What to know:

Strategy will post its second consecutive profitable quarter thanks to a rise in the price of bitcoin.The company continues to meet the standard for S&P 500 inclusion, though the decision is ultimately up to a committee.The company lifted the dividend rate on its STRC preferred stock by 25 basis points to 10.25%.Read full story

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2025-10-01 12:23 3mo ago
2025-10-01 08:12 3mo ago
Cardano's Charles Hoskinson Hails “Future of Crypto” as NEAR Intents Go Live cryptonews
ADA
Cardano Founder Charles Hoskinson is excited about the future of crypto!

The  latest collaboration with NEAR Protocol, a high-performance Layer 1 blockchain, will give ADA holders new cross-chain capabilities. The partnership is designed to make decentralized interactions simpler and expand Cardano’s reach across multiple blockchains.

Hoskinson Hails NEAR CollaborationHoskinson shared his enthusiasm on X, calling the NEAR Protocol team “great” and saying that Intents are the future of crypto.

Users can now swap ADA across more than 20 chains and 100+ assets, including BTC, ETH, SOL, USDC, and USDT, all without relying on bridges. The platform is AI-ready, privacy-focused, and powered by NEAR Intents, offering a seamless and secure cross-chain experience.

What Are NEAR Intents?NEAR Intents are designed to simplify blockchain interactions, connecting AI agents, users, and decentralized services across Web2 and Web3. They allow “intents”, user goals or desired outcomes, to be executed automatically by agents

This removes blockchain complexity and supports advanced cross-chain and AI-native applications.

Built on NEAR’s “chain abstraction” vision, NEAR Intents let users transact smoothly across multiple blockchains. By removing technical hurdles and intermediaries, it unifies liquidity and makes cross-chain access easier for both users and developers.

NEAR Intents entered mainnet in early 2025 and already support several major chains. Multiple projects are integrating them, and the collaboration with Cardano was first hinted at in July by NEAR community member Vini Barbosa.

ADA Sees Price GainCurrently, ADA is trading at $0.8343, up 5.5% in the last 24 hours.

Cardano’s Q2 2025 report from Messari showed mixed results. The overall ecosystem saw a decline, with market cap down 13% to $20.7 billion, ADA price falling 14%, and transaction fees dropping 45% QoQ. 

However, the stablecoin sector has seen modest growth, rising 5.8% to $32 million. 

Cardano’s Long-Term ProgressCardano is taking steps to secure its future. The network completed its first on-chain budget approvals, setting aside 275.3 million ADA for growth initiatives. Intersect also proposed replacing the interim Constitutional Committee, moving the network closer to fully decentralized governance under CIP-1694.

On the technical side, Input Output continues to push the roadmap forward with projects like Midnight Network, Bitcoin DeFi, and Ouroboros Leios to improve scaling and liquidity.

Even though on-chain activity slowed slightly, Cardano remains focused on long-term goals, strengthening governance, compliance, and data infrastructure to support its growing ecosystem.
2025-10-01 12:23 3mo ago
2025-10-01 08:12 3mo ago
ZEC Price Reclaims Spotlight with Breakout Rally and Rising Demand cryptonews
ZEC
ZEC price has delivered one of its strongest rallies in years, climbing from $34 in Q3 to nearly $99 at the start of Q4. After a prolonged bear market, Zcash is signaling a powerful comeback. With rising inflows, growing social traction, and new cross-chain support, ZEC crypto is back on traders’ radars.

ZEC Price Surges to One-Year PeakZCash (ZEC) started rising in Q3 from $34 and closed the quarter at $75, but extended its rally, as the Zcash price chart shows a steep increase. The ZEC price today touched $98.88 on October 1, marking its highest level in a year. The move represented intraday gains of around 45%, highlighting the scale of bullish momentum. 

Following this surge, the asset has more than doubled in value in a short period.

This sharp increase also suggests a structural shift in sentiment. For years, ZEC crypto was viewed as a fading project after waves of pump-and-dump cycles, but the latest rally signals renewed participation and stronger conviction among buyers.

Netflows and Institutional Inflows Boost ConfidenceBeyond price action, demand data also supports the bullish case. Coinglass data highlights that net inflows into Zcash have reached $640 million, the highest this year. Such rising capital movement into the network often reflects growing investor confidence.

This level of inflow has not been seen in years and underpins a stronger ZEC price forecast narratives as accumulation coincides with renewed interest from both retail and institutional segments.

The rally also triggered a surge in social dominance, with conversations around ZEC crypto spreading rapidly across trading communities. 

Historically, a rise in social traction often accompanies speculative waves and increased retail interest, which can sustain momentum in the short term.

THORSwap Integration Expands UtilityAnother catalyst driving ZEC price USD higher today was the announcement from THORSwap. The decentralized exchange rolled out native cross-chain support for Zcash, allowing direct swaps with Bitcoin, Ethereum, Solana, and other leading cryptocurrencies.

The timing of this integration aligned perfectly with the asset’s rally, amplifying demand and fueling double-digit gains.

ZEC Price Prediction: Key Levels to WatchAt present, the ZEC price trades near $95.54. If buyers continue to defend this range and flip the $85–$100 supply zone into support, the next upside target could be around $170 before the end of the year.

The immediate outlook for ZEC price prediction hinges on whether the token can maintain its position above recent breakout levels. Sustained buying pressure above $95 would reinforce the bullish structure, while a move below $75 could invalidate the rally.

Should profit-taking occur, the Zcash price chart highlights potential downside toward $51. However, as long as inflows and utility continue rising, sentiment remains tilted toward further gains in ZEC crypto.
2025-10-01 12:23 3mo ago
2025-10-01 08:14 3mo ago
Privacy coin Zcash up 40% in a day; Is $100 next? cryptonews
ZEC
The privacy-focused cryptocurrency, Zcash (ZEC), has climbed as much as 40% in a day and soared more than 70% over the past seven days. 

A major catalyst for the rally came from decentralized exchange (DEX) THORSwap, which announced full support for Zcash swaps, allowing users to trade the asset against top performers like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Meanwhile, network activity also picked up, as Zcash Community Grants recently launched a Rust repo for Multi-Factor Key Derivation Function (MFKDF), giving developers new tools to experiment with.

At the time of writing, ZEC is trading at $92.62, up 42.18% on the 24-hour chart and posting the best daily performance in percentage terms among all crypotcurrencies in the top 100 by market cap, as per CoinMarketCap data retrieved by Finbold. With a market cap of $1.48 billion, it is currently the 66th largest crypto.

Top-performing cryptocurrencies. Source: CoinMarketCap
Will Zcash hit $100?
It is possible the sudden surge in ZEC activity isn’t mere short-term speculation, as the timing coincides with the ongoing debates around financial and digital ID surveillance. 

This is evident from the impact of the Zashi cross-chain swap update on September 16, which led to shielded transactions surging to 3.06 million ZEC and Google searches for “privacy coins” hitting record highs.

However, the asset is not propped by mere panic alone, as technical indicators likewise suggest strong upward momentum.

Namely, ZEC has skyrocketed way past the $56 resistance level dating back to June 2022. At the same time, the 14-day relative strength index (RSI) of 83.69 and the moving average convergence divergence (MACD) level of 7.95 reinforce the bullish picture. 

JUST IN: $ZEC is ranked #65 @ $1.52B market cap

1 ZEC = $93.70 (+230% YoY, +130% MoM)

> 18 hours ago, ZEC was #72 @ $1.19B,
> only seven days ago it was #87 @ $880M,
> nine days ago, Zcash was a #92 coin @ $775M

Still below BONK, SKY, and Filecoin, passing TRUMP, JUMP, and IMX https://t.co/18lfWwIfhw pic.twitter.com/pIXp3L1DaC

— Vini Barbosa (@vinibarbosabr) October 1, 2025

Accordingly, if the trend continues in the following days, a $100 price target appears more than likely, although any long-term strength will hinge on the positive reception of the new integrations and network upgrades.

Featured image via Shutterstock
2025-10-01 12:23 3mo ago
2025-10-01 08:18 3mo ago
How High Can Pi Network (PI) Go This ‘Uptober'? ChatGPT Breaks It Down cryptonews
PI
Here's why an 85% price increase might be in the cards.

“Uptober” has kicked off with a bang, with many leading cryptocurrencies experiencing substantial gains over the last several hours.

Pi Network’s PI has also caught the green wave, but what is the maximum it can reach? Take a look at ChatGPT’s perspective on the matter.

PI’s Potential
The AI-powered chatbot estimated that the asset may experience a significant price pump if “Uptober” (October’s nickname across the crypto community) lives up to the hype. It outlined several potential factors, such as listing on a top-tier exchange, ecosystem developments, and a roadmap upgrade, which can act as catalysts for a possible bull run.

ChatGPT predicted that the most optimistic outcome for PI is to rise in the $0.35-$0.45 range, potentially driven by positive news and a broad crypto rally. The asset currently trades at around $0.27 (according to CoinGecko’s data), with the chatbot indicating that the resurgence will heavily depend on a breakout above the psychological resistance level of $0.30.

Moreover, it argued that if the “Uptober” enthusiasm accelerates and liquidity flows into speculative assets, PI could even aim toward the $0.50 region:

“PI could break through key resistances and surprise investors with a rally into the $0.40–$0.50 range, establishing itself as one of the standout performers of the month.”

Last but not least, ChatGPT touched upon Pi Network’s devoted community, which consists of millions of users. According to the chatbot, the vast base of Pioneers could be reenergized if the price starts climbing, and that in turn might lead to a further ascent.

The Bearish Outlook
At the same time, ChatGPT noted that the upcoming token unlocks, weak sentiment, and other bearish factors may prevent such a bull run for PI.

You may also like:

Using ChatGPT to Understand When to Buy Pi Network (PI)

“Realistically, a rally into the $0.30–$0.35 band might be possible in a strong scenario. But given the looming token unlocks, weak sentiment, and technical resistance, expecting a massive leap beyond ~$0.40 would be risky.”

It is important to mention that almost 13 million tokens will be unlocked today (October 1): the record for the following 30 days. A total of 136.3 million PI will be released within that period, providing investors with the opportunity to offload assets they have been waiting to sell for some time.

PI Token Unlocks, Source: piscan.io

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2025-10-01 12:23 3mo ago
2025-10-01 08:18 3mo ago
Ethereum Network Hits Record 1.7M Transactions, Analysts Eye Rally To $7,700 cryptonews
ETH
Ethereum jumped past $4,300 today, bouncing back strongly after dipping below $3,900 last week. Alongside the recovery, ETH hit a major milestone with daily transactions climbing to a record 1.6–1.7 million, marking the highest levels ever recorded in its history.

This surge has made top analysts turn bullish, predicting Ethereum could push toward $7,700 if momentum holds..

Ethereum Network Activity Hits Record LevelsCryptoQuant analyst Darkfost says Ethereum’s network activity has reached record highs, hitting 1.6–1.7 million daily transactions.

For almost four years, Ethereum stayed in a narrow range of 900k–1.2M transactions per day, showing slow but steady use. Even during the March correction, activity held at 1.2M, stronger than early 2023 levels.

Now the network has broken out of that range, marking the highest activity in Ethereum’s history. 

Darkfost explains that this surge comes from real adoption, with Ethereum powering DeFi apps, lending platforms, and exchanges. In short, the rise in transactions isn’t just numbers on a chart, it shows how deeply Ethereum is now tied to real-world use cases.

DeFi is Driving Ethereum SurgeFurther Darkfost links the surge directly to the rapid growth of decentralized finance, with the Total Value Locked (TVL) in Ethereum-based DeFi protocols hitting $90.62 billion, up 45% from July 2025.

As DeFi expands, Ethereum naturally attracts more users and more on-chain actions, pushing daily counts higher and stressing the idea that this is real usage, not just speculative traffic.

ETH Price Eyeing $7,700 TargetWith Ethereum starting the month on bullish crypto analyst Crypto Jelle, see ETH making a classic setup, a breakout, a retest, and a quick dip to shake out weak holders. He believes this could push ETH much higher, with a target of around $7,700 in the coming months.

Adding fuel to the bullish outlook, history shows that Q4 has often been one of the strongest periods for digital assets. 
2025-10-01 12:23 3mo ago
2025-10-01 08:19 3mo ago
Roman Storm seeks acquittal of Tornado Cash money transmission charge cryptonews
TORN
Roman Storm, co-founder of Tornado Cash, has asked a US federal judge to acquit him of his sole conviction for unlicensed money transmission and the jury’s hung counts for money laundering and sanctions violations, arguing prosecutors failed to prove he intended to help bad actors misuse the crypto mixer.

According to legal documents filed on Sept. 30 and reviewed by Cointelegraph, Storm’s defense argued prosecutors failed to prove he intended to help bad actors use Tornado Cash This, according to the defense, would nullify the grounds for his conviction based on negligent inaction.

“Storm and bad actors was a claim that he knew they were using Tornado Cash and failed to take sufficient measures to stop them. This is a negligence theory,” the preliminary statement reads.

The defense further claims that “lacking affirmative evidence that Mr. Storm acted with the intent to assist bad actors, ”the government attempted to meet its willfulness burden by claiming that the defendant failed to prevent misuse. “It is a claim that is antithetical to the willfulness standard and unsupported by the law,” the motion states.

Tornado Cash website. Source: Tornado.CashThe filing is part of a motion for acquittal, which asks the judge to throw out charges or a verdict because the prosecution’s evidence, even if taken as true, is legally insufficient.

Fighting for the right to privacyTornado Cash is a decentralized and non-custodial smart contract-based Ether (ETH) mixer that leverages zero-knowledge proof-based encryption to enhance transaction privacy. It was launched by Roman Storm and Roman Semenov in 2019 and allows users to break the onchain traceability of their ETH.

The service ended up in legal trouble primarily because it was allegedly used to launder billions of dollars in illicit funds, including funds linked to North Korean hackers. Tornado Cash was also accused of facilitating money laundering, with the US Office of Foreign Assets Control (OFAC) claiming it processed over $7 billion in digital currency since 2019 and 30% of it was allegedly linked to illegal activities.

Storm was arrested in late August 2023, while co-founder Semenov was added to OFAC’s Specially Designated Nationals list. The arrest was conducted by the Federal Bureau of Investigation and the Internal Revenue Service’s Criminal Investigation Division in Washington, D.C. In late August, a US Department of Justice official opposed Storm’s retrial.

The case has drawn sharp criticism from the crypto industry. In August, the pro-crypto US lobby group Blockchain Association stated that Storm’s conviction could set a “dangerous” precedent for developers and privacy. The group also pointed out that Storm did not exercise control over the crypto that went through the protocol.

“Roman Storm built privacy tech that operated without his custody/control over the funds of Tornado Cash users. [...] Tornado Cash functioned as non-custodial software, meaning that users maintained total control of their assets at all times.”Crypto community at the forefront of the fight for privacyBitcoin (BTC) and the broader crypto community were born from a pro-cryptography movement known as the cypherpunks. While many in the crypto community are now focused solely on the financial aspects of blockchain technology, privacy remains a central battleground for the industry.

Last week, Ethereum co-founder Vitalik Buterin criticized the European Union’s proposed “Chat Control” legislation, warning that it threatens the right to privacy in digital communications. The law in question would require messaging platforms to introduce client-side pre-encryption scanning of content for illegal content.

“You cannot make society secure by making people insecure,” Buterin argued. He also highlighted that backdoors built for law enforcement are “inevitably hackable” and undermine the safety of everyone.

Some experts view this as a misstep by regulators that will prompt users to turn to ungovernable web3 alternatives. Hans Rempel, co-founder and CEO of Diode, recently told Cointelegraph that the law is a dangerous overreach and “giving an inherently corruptible entity nearly unlimited visibility into the private lives of individuals is incompatible with an honest value statement of digital privacy.”

Magazine: Can privacy survive in US crypto policy after Roman Storm’s conviction?
2025-10-01 12:23 3mo ago
2025-10-01 08:19 3mo ago
Crypto Price Analysis 10-1: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CELESTIA: TIA, CARDANO: ADA cryptonews
ADA BTC ETH SOL TIA
The cryptocurrency market registered a marginal decline over the past 24 hours as prominent altcoins, including Ethereum (ETH), Ripple (XRP), and Solana (SOL), fell into bearish territory. However, Bitcoin (BTC) defied bearish trends and is up nearly 1%, trading around $114,542. 

The flagship cryptocurrency traded around $112,874 on Tuesday but recovered from this level to start October in positive territory. BTC reached an intraday high of $114,744 before moving to its current level of $114,506. 

Meanwhile, ETH is struggling to regain momentum, with selling pressure pushing it back into the red. The altcoin briefly crossed $4,200 but lost momentum after reaching this level and moved to its current level of $4,142, down almost 1%. XRP is down over 1%, while SOL is marginally up, trading around $209. DOGE traded around $0.233, while Cardano (ADA) is up 1.35%, trading around $0.805. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), and Polkadot (DOT) also registered notable declines. However, Toncoin (TON) and Litecoin (LTC) bucked the bearish trend to register marginal increases. 

CZ Warns BNB Chain’s Official Account May Be Compromised Binance co-founder Changpeng “CZ” Zhao has warned that the official X account of BNB Chain could be compromised. The breach came to light after the official account posted a suspicious link promoting a fake BSC rewards program. Zhao stated on his official account, 

“The BNB Chain X account may have been compromised. Please do not click on any links recently posted from this account. The teams are investigating and will share updates as soon as possible.”

The suspicious post on the BNB Chain account urged users to vote on an upcoming BSC rewards site and claimed early rewards would be given to participants within 24 hours. The message included a phishing link to steal unsuspecting users’ digital assets and private data. The warning comes after Zhao said earlier that the BNB Chain account may have been compromised. Binance is yet to issue an official statement. 

Ripple, Coinbase, And BitGo Could Qualify As Custodians The United States Securities and Exchange Commission (SEC) has cleared the path for Ripple, BitGo, and Coinbase to become custodians for crypto assets. The regulator’s Division of Investment Management issued a no-action letter on September 30 in response to a request from Simpson Thacher & Bartlett LLP. The SEC’s latest guidance allows investment advisers to use state-chartered trust companies as custodians under the Investment Advisers Act of 1940 and the Investment Company Act of 1940. The letter implies the SEC will not pursue enforcement action if advisers follow the conditions outlined. 

To qualify as a custodian, state-chartered trusts must be governed by a US state banking authority like the Department of Financial Services in New York or the Division of Banking in South Dakota. The trusts must also provide independent control reports, audited financial statements that comply with GAAP, and custodial agreements forbidding the rehypothecation of client assets without their consent. It also outlines additional safeguards, including keeping client assets off the custodian’s balance sheet and periodic due diligence checks, including surprise audits. 

Trump Withdraws Brian Quintenz’s CFTC Nomination The Trump administration has withdrawn Brian Quintenz’s nomination as the head of the Commodity Futures Trading Commission (CFTC). Quintenz confirmed the withdrawal, stating, 

“Being nominated to chair the CFTC and going through the confirmation process was the honor of my life. I am grateful to the president for that opportunity and to the Senate Agriculture Committee for its consideration. I look forward to returning to my private sector endeavors during this exciting time for innovation in our country.”

The crypto industry vehemently backed Quintenz. However, his nomination was held up in Congress amid reported pushback from Gemini co-founders Tyler and Cameron Winklevoss. Quintenz had claimed the Winklevoss twins had interfered with his nomination and pressured President Donald Trump to drop his nomination. He also shared a series of texts between him and the Winklevoss twins on X, claiming Trump was being misled. Quintenz said at the time, 

“I believe these texts make it clear what they were after from me, and what I refused to promise. It’s my understanding that after this exchange, they contacted the president and asked that my confirmation be paused for reasons other than what is reflected in these texts.”

Bitcoin (BTC) Price Analysis Bitcoin (BTC) has bounced back to reclaim $115,000 after Tuesday’s drop to a low of $112,695. The flagship cryptocurrency rose by over 2% on Sunday to $112,000. Buyers retained control on Monday as the price rose almost 2% and settled at $114,365. However, selling pressure returned on Tuesday as BTC fell to an intraday low of $112,695 before settling at $114,067, ultimately registering a marginal drop. BTC is up almost 2% during the ongoing session, trading around $116,012. 

BTC’s start to October aligns with predictions that the bull market will resume in October. BTC and the broader cryptocurrency market suffered a substantial drop in September, with the flagship cryptocurrency falling to a low of $109,623 on September 25. Additionally, gold and traditional markets have posted record highs, and analysts expect BTC to catch up sooner rather than later. One analyst stated, 

“Bitcoin tends to follow gold, 3-4 months down the line. $BTC began to mimic gold’s ‘rise → pause → last minute spike’ pattern. If the correlation holds, $BTC is now ready for a last-minute spike through October/November, breaking out of its rising wedge.”

According to 50TFunds CEO Dan Tapiero, Bitcoin’s October bull market is yet to begin.

“Wake up. The bull market in Bitcoin has not started yet. Same price in gold terms as 5 years ago. Massive cup and handle leads to new upside price discovery. 4% short rates too high, Usd bear now, DC reg wind at back, Dats, Etfs, Stables, Defi, Rwas etc New world.”

However, pro traders remain jittery about holding downside risks despite BTC’s recovery. This is because the derivatives markets show heightened fear. Investors are considering whether the metrics reflect market concerns or whether they are specific to the cryptocurrency market. BTC’s skew metric reached 5% on Tuesday before eventually returning to 8%, indicating a higher premium for put options. BTC’s skew metric generally ranges between -6% and 6% under normal conditions. 

BTC ended the previous weekend in the red, dropping 0.41% to $115,282 on Sunday. Selling pressure intensified on Monday as the price fell by over 2% to $112,736. Sellers retained control on Tuesday with BTC falling 0.64% to a low of $111,502 before settling at $112,017. Despite the overwhelming selling pressure, BTC recovered on Wednesday, rising over 1% to reclaim $113,000 and settling at $113,348.

Source: TradingView

Bearish sentiment returned on Thursday as BTC plunged nearly 4%, slipping below $110,000 and settling at $109,035. The price recovered on Friday, rising 0.61% but was back in the red on Saturday, registering a marginal decline and settling at $109,681. Bullish sentiment intensified on Sunday as BTC rallied, rising over 2% to cross $112,000 and settle at $112,197. Buyers retained control on Monday as the price rose almost 2% to cross $114,000 and settle at $114,365. Despite the positive sentiment, BTC fell to a low of $112,695 on Tuesday. However, it recovered from this level to settle at $114,067, ultimately registering a marginal decline. The price is up almost 2% during the ongoing session, trading around $116,209. 

Ethereum (ETH) Price Analysis Ethereum (ETH) has bounced back during the ongoing session after falling to a low of $4,094 on Tuesday. The altcoin faced substantial selling pressure last week, but has made an equally strong recovery to reclaim key levels. It started the week positively, rising over 3% on Sunday and 1.78% on Monday to settle at $4,218. The price fell almost 2% on Tuesday before recovering and crossing $4,300 during the ongoing session. 

ETH has held firm despite the US government shutdown. The political uncertainty could delay crucial US macroeconomic data, leaving markets pessimistic. The first government shutdown under President Trump lasted for three days, while the second stretched 35 days, becoming the longest government shutdown in US history. However, John Glover, chief investment officer at Ledn, is optimistic about how markets will fare, stating, 

“While this was previously used as a way to force the holdouts in Congress to be more flexible in negotiations, it was largely seen both times as a very temporary situation, and risk markets, which initially sold off, bounced back quickly. The market will consider any dip in digital asset prices due to a shutdown as a buying opportunity.”

Meanwhile, BitMine Immersion announced that its ETH treasury has crossed 2.65 million ETH tokens, worth $10.8 billion, following a series of acquisitions. The company recently purchased 234,846 ETH valued at $961.5 million, significantly expanding its market dominance. The firm’s total cash holdings crossed $11.6 billion as of September 28. It also holds 192 BTC, worth $21 million, a $157 million stake in WLD treasury firm Eightco, and $436 million in unencumbered cash reserves. BitMine aims to acquire 5% of ETH’s circulating supply, equalling 6.04 million tokens at current levels. 

ETH ended the previous weekend down almost 1% at $4,479. Selling pressure intensified on Monday as the price fell nearly 6% to $4,202, but not before dropping to an intraday low of $4,079. Sellers retained control on Tuesday as ETH fell almost 1% to $4,166. The price registered a marginal drop on Wednesday before plunging nearly 7% on Thursday as bearish sentiment intensified. As a result, ETH fell below the crucial $4,000 mark and settled at $3,876.

Source: TradingView

Despite the overwhelming selling pressure, ETH recovered on Friday, rising over 4% to reclaim $4,000 and settle at $4,014. The price registered a marginal drop on Saturday but regained momentum on Sunday, rising over 3% to settle at $4,144. Buyers retained control on Monday despite selling pressure as ETH rose almost 2% to cross $4,200 and settle at $4,218. Despite the positive sentiment, the price fell nearly 2% on Tuesday and settled at $4,145. ETH has recovered during the ongoing session, up over 4% and trading around $4,317. 

Solana (SOL) Price Analysis Solana (SOL) is up almost 4% as bullish sentiment returned after Tuesday’s drop to a low of $204. The altcoin has been on an upward trajectory since Friday, reaching $210 on Sunday. The price continued pushing higher on Saturday, reaching $212 before dropping over 2% to $208. The current session sees SOL at $216. 

Optimism around SOL has been rising after the Securities and Exchange Commission (SEC) adopted generic listing standards. The new listing standards have made the 19b-4 review clock irrelevant and shifted the approval process to S-1 registrations. Bloomberg ETF analyst Eric Balchunas believes a Solana ETF approval is a certainty. Balchunas stated on X, 

“Honestly, the odds are really 100% now. Generic listing standards make the 19b-4s and their ‘clock’ meaningless.”

Before the change, 19b-4 filings triggered a statutory review clock, giving the SEC a fixed timeline of 240 days to approve or deny an ETF. However, that timeline has become approval after the approval of the “generic listing standards.”

“That just leaves the S-1s waiting for formal green light from Corp Finance. And they just submitted amendment #4 for Solana. The baby could come any day. Be ready.”

Jeffrey Ding, chief analyst at HashKey Group, believes a Solana ETF could trigger speculative buying, followed by a “sell the news” correction. 

“A Solana ETF could trigger speculative buying ahead of approval, followed by a potential ‘sell the news’ correction once launched—similar to what we saw with Bitcoin and Ethereum ETFs.”

SOL traded in bearish territory on Sunday (September 21), dropping 1.36%. Selling pressure intensified on Monday as the price fell nearly 7% to $220, but not before dropping to a low of $213. Sellers retained control on Tuesday as SOL fell over 3% and settled at $213. The price fell to an intraday low of $204 on Wednesday. However, it recovered from this level to settle at $211, ultimately falling 0.77%.

Source: TradingView

Bearish sentiment intensified on Thursday as SOL fell almost 9%, slipping below $200 and settling at $192. Despite the overwhelming selling pressure, the price recovered on Friday, rising over 6% to reclaim $200 and settle at $205. Price action was mixed over the weekend, with SOL falling 0.83% on Saturday to $203. However, it was back in positive territory on Sunday, rising nearly 4% and settling at $210. Buyers retained control on Monday as the price rose almost 1% to $212. Despite the positive sentiment, SOL was back in the red on Tuesday, dropping over 2% to $208. The price has increased by almost 4% during the current session, trading around $216.

Celestia (TIA) Price AnalysisCelestia (TIA) ended the previous weekend in the red, dropping over 2% to $1.683. Selling pressure intensified on Monday as the price fell almost 11% to a low of $1.413 before settling at $1.499. Sellers retained control on Tuesday as the price fell over 2% to $1.468. TIA fell 1.20% on Wednesday and over 6% on Thursday as bearish sentiment intensified. As a result, the price fell to a low of $1.337 before settling at $1.362.

Source: TradingView

Despite the selling pressure, TIA rebounded on Friday, rising nearly 5% and settling at $1.425. Price action was mixed over the weekend as TIA registered a marginal drop on Saturday before rising 0.32% on Sunday to settle at $1.419. Selling pressure returned on Monday as the price fell almost 1% to $1.406. TIA fell to an intraday low of $1.343 before settling at $1.379, ultimately dropping 1.96%. TIA is up almost 4% during the ongoing session, trading around $1.430.

Cardano (ADA) Price AnalysisCardano (ADA) dropped over 1% on Sunday (September 21), falling to $0.885. Selling pressure intensified on Monday as the price fell almost 7% to a low of $0.790 before settling at $0.825. Sellers retained control on Tuesday as ADA fell over 2% to $0.807. Despite the selling pressure, the price recovered on Wednesday, rising 1% to $0.813. Bearish sentiment returned on Thursday as ADA fell 6.03% to $0.764.

Source: TradingView

ADA recovered on Friday, rising almost 4% to $0.793. Price action was mixed over the weekend as the altcoin fell 1.26% on Saturday before rising 3% on Sunday and settling at $0.809. ADA registered a marginal drop on Monday after facing substantial selling pressure. Selling pressure persisted on Tuesday as the price fell to a low of $0.779. However, it rebounded from this level to reclaim $0.80 and settle at $0.807. Bullish sentiment has returned during the ongoing session, with the price up over 3% at $0.833.

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.
2025-10-01 12:23 3mo ago
2025-10-01 08:22 3mo ago
BitMEX CEO Warns Perp DEX Hype Could Fade Fast as ASTER Sheds 25% in a Week cryptonews
ASTER
Key NotesASTER token plunges 25% in a week despite a trading volume surge.BitMEX CEO calls perp DEX incentive models “pump-and-dump schemes”.Competition intensifies with the arrival of new entrants in the Perp DEX space.
While the broader cryptocurrency market appears to be recovering this week, the perpetual decentralized exchange (perp DEX) Aster token has seen a drop in demand.

ASTER declined 25% in value over the past week, facing a 6% daily drop and trading around $1.7.

This price drop comes as BitMEX CEO Stephan Lutz warns that the frenzy around popular perpetual DEXs like FTX and Bybit may not last long. He argued that their incentive-driven models are “too fragile to endure.”

According to Lutz, these platforms lure users with aggressive token rewards and fee rebates, creating a short-term boom rather than sustainable liquidity.

Rising Competition in the Perp DEX Race
In recent months, Perp DEXs have drawn significant attention, with platforms competing to attract traders through rebates, token incentives, and faster settlement times. Aster even overtook Hyperliquid in 24-hour trading volume last week, sparking a full-blown arms race among many.

According to DeFiLlama, the total 24-hour perp trading volume across leading platforms stands at nearly $95 billion. This figure surged approximately 40 times in the past year, indicating the sector’s rapid growth.

Perp DEX volume | Source: DeFiLlama

Competitors such as Lighter and edgeX are also entering the space, with substantial volume. Meanwhile, industry figures are also doubling down with Tron founder Justin Sun recently announcing plans to launch a new DEX.

Pump-and-Dump Scheme or Trillion-Dollar Future?
Still, Lutz believes that these businesses can’t survive in the long run. He called the incentive structures “pump-and-dump schemes,” warning that short-term token rewards may keep volumes high but won’t build lasting liquidity.

However, not everyone agrees. Analysts argue that perp DEXs could become very popular in the future, especially if migration away from centralized exchanges grows. Some forecasts suggest annual perp DEX volumes could reach $20–30 trillion within five years if adoption continues.

BitMEX co-founder Arthur Hayes recently predicted a 126x price rally for HYPE before liquidating his $5.1 million position on September 22 and rotating into the new crypto coin, ASTER.

SUBBD Reshaping Content Subscriptions with AI
While perp DEX tokens continue to face volatility, Subbd is quietly gaining momentum in the content subscription space. The project is targeting the $85 billion creator economy, introducing an AI-driven, tokenized platform designed to enhance the connection between creators and their audiences.

Subbd equips creators with Web3-powered automation tools to streamline content delivery, while offering fans access to exclusive, interactive experiences that go beyond traditional subscriptions.

SUBBD Token Details and Live Presale
At the heart of the Subbd ecosystem is its Ethereum-based token, SUBBD, which unlocks premium content, staking rewards, and advanced AI features across the platform. Token holders can stake their SUBBD to access benefits like private livestreams, behind-the-scenes updates, and special content drops.

Presale Snapshot:

Current price: $0.056575
Amount raised: $1.22 million
Ticker: SUBBD
Blockchain: Ethereum

The presale is already drawing investor interest, having raised $1.22 million to date. With just two days left before the next price increase, Subbd is positioning itself as one of the more promising early-stage crypto projects in the market.

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.

Market News

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn
2025-10-01 11:23 3mo ago
2025-10-01 07:08 3mo ago
Plug Power Delivers First Electrolyzer for 100MW Green Hydrogen Project at Galp's Sines Refinery stocknewsapi
PLUG
The 10MW module is the first of 10 units to be deployed at the Sines Refinery for a total capacity of 100MW, one of the very few projects underway in Europe at this scale.The Sines project is an important first step in the decarbonization of the Sines Refinery and of key industries that are difficult to electrify.
SLINGERLANDS, N.Y., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the delivery of its first 10-megawatt (MW) GenEco™ electrolyzer array to Galp (OTCMKTS: GLPEY), Portugal’s leading integrated energy company. The array was delivered to Galp’s Sines Refinery, home of the largest proton exchange membrane (PEM) hydrogen electrolyzer project underway in Europe.

The module is the first of 10 similar arrays with Hydrogen Processing Units (HPUs) to be delivered on site by early 2026 to deploy a total electrolyzer capacity of 100MW upon completion, in the first half of next year.

This project, Plug’s largest worldwide, will produce up to 15,000 tons of renewable hydrogen per year, replacing 20 percent of the grey hydrogen currently used at the Sines Refinery. This switch will reduce the Refinery’s greenhouse gas emissions by approximately 110,000 tons per year (Scope 1 and 2, CO2e).

“Plug is building the next generation of industrial energy solutions, and our collaboration with Galp shows that large-scale hydrogen is ready today,” said Andy Marsh, CEO, Plug. “This system will be a model for what’s possible across Europe’s refining sector and the broader energy industry.”

“Half of all grey hydrogen demand sits today in refineries and chemical plants,” said Ronald Doesburg, Galp’s EVP in charge of the Industrial business unit. “With our first 100 MW, we will have started the decarbonisation of our Sines refinery. It’s a decisive first step for Galp, but also for the industry,” he added.

Galp decided in September of 2023 to build a 100MW green hydrogen electrolysis unit and an HVO/SAF unit in its refinery, in a combined €650 million investment. Construction work started weeks after the final investment decision and is moving swiftly according to plan, one of the very few such projects happening on the ground.

Plug’s GenEco electrolyzer array is supported by a global supply chain and integrates components manufactured across several continents, including the U.S. and Europe. This approach combines regional manufacturing expertise with high-volume scalability to meet surging demand for clean hydrogen produced by PEM technology.

Plug has strengthened its expertise in the oil and gas sector through the acquisition of Frames Group, bringing more than 35 years of experience in process systems, gas treatment, and energy infrastructure. For the oil and gas market broadly, this project demonstrates that hydrogen can be deployed at a scale and pace that meets the industry’s operational demands, supports refinery decarbonization, and positions producers to stay competitive as low-carbon fuels grow their market share.

Europe is one of Plug’s top strategic markets and the company is advancing multi-gigawatt electrolyzer deployments in Spain, the U.K., and beyond, supported by a $2 billion global opportunity funnel. In Q2, global electrolyzer demand — led by more than 230MW of GenEco programs across Europe, Australia, and North America — contributed $45 million to Plug’s overall revenue. Multiple large-scale projects are moving toward final investment decisions in 2026, which will further solidify Plug’s leadership in delivering modular, high-performance hydrogen systems.

About Galp
Galp is an energy company committed to developing efficient and sustainable solutions in its operations and in the integrated offers it provides to its customers. We create simple, flexible, and competitive solutions for the energy or mobility needs of both large industries and small and medium-sized enterprises, as well as the individual consumer. Our offer includes various forms of energy – from electricity produced with renewable sources to natural gas and liquid fuels, including low carbon fuels. As a producer, we extract oil and natural gas from reservoirs located kilometers below the sea surface, and we are also one of the main Iberian producers of solar-based electricity. We contribute to the economic development of the nine countries where we operate and to the social progress of our host communities. We are, therefore, leaders in our sector in the main global sustainability indices. Galp directly employs more than 7,000 people.

More information at www.galp.com.

About Plug Power
Plug is building the global hydrogen economy with a fully integrated ecosystem spanning production, storage, delivery, and power generation. A first mover in the industry, Plug provides electrolyzers, liquid hydrogen, fuel cell systems, storage tanks, and fueling infrastructure to industries such as material handling, industrial applications, and energy producers—advancing energy independence and decarbonization at scale.

With electrolyzers deployed across five continents, Plug leads in hydrogen production, delivering large-scale projects that redefine industrial power. The company has deployed over 72,000 fuel cell systems and 275 fueling stations and is the largest user of liquid hydrogen. Plug is rapidly expanding its generation network to ensure reliable, domestically produced supply, with hydrogen plants currently operational in Georgia, Tennessee, and Louisiana, capable of producing 40 tons per day.

With employees and state-of-the-art manufacturing facilities across the globe, Plug powers global leaders like Walmart, Amazon, Home Depot, BMW, and BP.

For more information, visit www.plugpower.com.

Plug Power Safe Harbor Statement
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks and uncertainties about Plug Power Inc. (“Plug”), including but not limited to statements about: Plug’s ability to build and deploy the next generation of industrial energy solutions and meet the demand for clean hydrogen produced by PEM technology; continued or anticipated successful deployment of large-scale electrolyzer projects; electrolyzer projects reaching final investment decisions in 2026; advancement of multi-gigawatt electrolyzer deployments in Europe; and solidification of Plug’s leadership position in delivering modular, high-performance hydrogen systems. Such statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Plug in general, see Plug’s public filings with the Securities and Exchange Commission (the “SEC”), including the “Risk Factors” section of Plug’s Annual Report on Form 10-K for the year ended December 31, 2024 and Plug’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 and any subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made as of the date hereof, and Plug undertakes no obligation to update such statements as a result of new information.

MEDIA CONTACT
Teal Hoyos
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1520e7b6-0149-4c93-aef1-14b93aae9524

Plug Power Delivers First GenEco Electrolyzer for 100MW Green Hydrogen Project at Galp’s Sines Refin...
The 10MW module is the first of 10 units to be deployed at the Sines Refinery for a total capacity o...
2025-10-01 11:23 3mo ago
2025-10-01 07:09 3mo ago
Swiss pharma companies likely to follow Pfizer-U.S. price deal, says business lobby stocknewsapi
PFE
U.S. President Donald Trump shakes hands with Pfizer CEO Albert Bourla, on the day he announces a deal with Pfizer to sell drugs at lower prices, in the Oval office of the White House in Washington, D.C., U.S., September 30, 2025. REUTERS/Ken Cedeno Purchase Licensing Rights, opens new tab

GENEVA, Oct 1 (Reuters) - Swiss pharma companies are likely to follow Pfizer's price deal with the U.S. following a demand from President Donald Trump's administration for lower drug prices, the head of a major Swiss chemical and pharmaceutical industry association said on Wednesday.

Pfizer

(PFE.N), opens new tab and Trump said on Tuesday they had agreed a deal in which the U.S. firm would lower prescription drug prices in the Medicaid program to match those it charges in other developed countries in exchange for tariff relief.

Sign up here.

Stephan Mumenthaler, director general of Scienceindustries - which represents around 250 Swiss chemical and pharmaceutical companies - told Reuters he expected announcements of "mini-deals" to come one by one in the coming days and weeks from Swiss and global pharmaceutical companies.

"They are thinking in similar schemes...How can you omit the margins that middlemen are taking away so that you basically have a similar price than before, but the end consumer still gets a lower price," he said in a video call from Basel.

Reporting by Olivia Le Poidevin
Editing by Madeline Chambers

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-01 11:23 3mo ago
2025-10-01 07:10 3mo ago
Where Is Alcoa Stock Headed? stocknewsapi
AA
UKRAINE - 2021/10/15: In this photo illustration, Alcoa Corporation logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

SOPA Images/LightRocket via Getty Images

Alcoa (NYSE:AA), one of the largest aluminum producers globally, has seen a rebound in 2025 in conjunction with rising aluminum prices and a tighter global supply. Shares have moved back toward the mid-$30s, aided by improving cash flow and cost management; however, uncertainties linger regarding whether the current valuation accurately reflects Alcoa’s earnings potential and its leverage to the aluminum market. Additionally, see: Oklo Stock To Increase 50% More?

Revenue & Earnings PowerIn 2024, Alcoa generated revenues of approximately $11.7 billion, a decrease from pandemic highs as aluminum prices moderated to an annual average of around $2,300/tonne. Profitability also declined, with EBITDA close to $1.5 billion and net income just shy of $500 million.

However, conditions have improved in 2025. With aluminum prices hovering around $2,400–$2,500/tonne and an increase in demand from sectors such as aerospace, automotive, and renewable energy, Alcoa’s margins have expanded. In Q2 2025, the company reported revenues of about $3.2 billion, EBITDA of around $480 million, and net income of $180 million ($0.95/share), with all-in sustaining smelting costs near $2,050/tonne.

With spot aluminum stabilizing above $2,400, Alcoa’s cost structure remains comfortably below current prices, indicating that earnings and free cash flow could grow further if market conditions tighten — particularly if Chinese restrictions on high-emission smelting continue.

Valuation MultiplesAt a recent share price around $34, Alcoa has a market capitalization of approximately $8.8 billion. Based on 2024 results, the stock is trading at about 12–13x trailing earnings and an EV/EBITDA multiple of approximately 5.5x — generally consistent with historical averages but lower than global competitors like Norsk Hydro, which trade at higher multiples due to their hydropower-driven low-carbon production.

MORE FOR YOU

Alcoa’s dividend yield is around 1.2%, which is modest but is supported by a conservative payout ratio and a flexible buyback strategy. With annual free cash flow potential exceeding $800 million at current price levels, shareholder returns seem well-secured.

Balance Sheet StrengthAlcoa has net debt of about $1.2 billion, a manageable level when compared to more than $1.5 billion in EBITDA. This balance sheet allows the company to invest in growth and green initiatives, including low-carbon smelting technology (Elysis) and expansions in bauxite/alumina. If these projects are scaled, they could reduce emissions intensity and command premium pricing in a carbon-aware supply chain.

The VerdictAt the current valuation, Alcoa presents a balanced outlook — it is not distressed, but it is also not yet reflecting a supercycle. A forward P/E nearer to 10x implies limited upside if aluminum prices remain close to $2,400–$2,500/tonne, while a rise toward $2,800–$3,000/tonne could potentially double EBITDA and justify a re-rating into the $45–50/share range. Conversely, if aluminum prices fall below $2,200, earnings could shrink rapidly, revealing Alcoa’s sensitivity to the commodity cycle and dragging the stock back toward the mid-$20s.

For investors, Alcoa continues to be a high-beta play on aluminum prices: cost discipline, flexibility in the balance sheet, and sustainability investments provide support, yet the primary factor will be the metal’s supply-demand equilibrium. With low inventories and structural demand from electrification remaining strong, the market might be undervaluing Alcoa’s earnings potential if aluminum prices rise.

If you are looking for upside with a smoother experience compared to individual stocks, consider the High Quality portfolio, which has outperformed the S&P, and achieved over 91% returns since its inception. Collectively, HQ Portfolio stocks have yielded better returns with reduced risk compared to the benchmark index; it has resulted in a less volatile experience, as evidenced in HQ Portfolio performance metrics.
2025-10-01 11:23 3mo ago
2025-10-01 07:11 3mo ago
Berkshire Hathaway in talks to buy petrochemical business from Occidental Petroleum for $10B: WSJ stocknewsapi
BRK-A BRK-B OXY
CNBC's Becky Quick reports on the latest news.
2025-10-01 11:23 3mo ago
2025-10-01 07:14 3mo ago
Macro headwinds make a Nike turnaround hard, says Barclays' Adrienne Yih stocknewsapi
BCS NKE
Adrienne Yih, Barclays analyst, joins 'Squawk Box' to break down Nike's quarterly earnings results.