Market Signal Briefing

Key NotesEvernorth's XRP stake has plunged by $78 million in unrealized losses.Strategy's MSTR shares have also recorded a decline of 53%.BitMine has roughly $2.1 billion in unrealized losses, marking a wide trend.
Blockchain analytics platform CryptoQuant noted that Evernorth’s XRP

XRP
$2.21

24h volatility:
1.0%

Market cap:
$132.65 B

Vol. 24h:
$5.08 B

stake has incurred $78 million in unrealized losses. This comes less than 3 weeks after the company’s entry into the new niche. The prices of cryptocurrencies are falling, and this has clearly dragged crypto treasury firms on a bearish path.

Bitcoin May Push Below $100,000
Bitcoin

BTC
$100 879

24h volatility:
1.1%

Market cap:
$2.01 T

Vol. 24h:
$87.00 B

has been losing steam in the last few weeks, going as low as $98,000 earlier this week.

Just when traders and investors thought that they had seen it all, in terms of losses, the coin made a further dip. At the time of this writing, CoinMarketCap data showed that the flagship cryptocurrency was trading at $100,073.60, down 3.07% over 24 hours.

This discouraging outlook has affected many Bitcoin treasury firms, as their previously unrealized profits have turned into losses. More significantly, altcoin treasury firms have also been impacted by the current market outlook.

Bitcoin is under pressure, and so are the Treasury Companies.

Not just those holding BTC, but altcoin treasuries too.

Example: Evernorth’s $XRP stake is already down $78 million in unrealized losses, barely 2.5 weeks after entry.

And that’s not all 👇 pic.twitter.com/FX0dQzGAoe

— CryptoQuant.com (@cryptoquant_com) November 7, 2025

On October 20, Evernorth Holdings Inc. announced it would go public via a SPAC merger with Armada Acquisition Corp II. The primary reason for the merger is the establishment of the world’s largest institutional XRP treasury.

Both companies’ boards unanimously approved the transaction, which is expected to generate over $1 billion in gross proceeds.

Four days later, Evernorth had secured 261 million XRP, and by the end of that week, the company had accumulated $1 billion worth of XRP to build a dedicated treasury.

Ordinarily, this stash would have turned a profit, but not in the current market.

Strategy, Metaplanet, and BitMine Are Also Struggling
Strategy, which boasts of the largest cryptocurrency corporate Bitcoin holding, is also affected by the situation.

CryptoQuant reported that its MSTR shares have declined by approximately 53%. This recent plunge has taken the shares to the bottom of their lower band, even though Strategy holds 641,205 BTC.

Asian financial firm Metaplanet also has about $120 million in unrealized losses, while its share price has plunged 80% from its ATH.

For Ethereum Treasury firm BitMine, it has roughly $2.1 billion in unrealized losses. Interestingly, it had recently added more ETH to its portfolio.

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.

Cryptocurrency News, News

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X

The global financial system may be entering a new growth phase, with analysts pointing to a key factor behind the shift: liquidity. After months of tightening, the U.S. Treasury’s liquidity withdrawal appears to be ending, setting the stage for new capital inflows into risk assets like Bitcoin, Ethereum, and XRP.

Liquidity Drains Ease, Markets Ready to ReboundSince July, the U.S. Treasury has been pulling roughly $500 billion from the system to refill its Treasury General Account (TGA). This move temporarily slowed down markets, keeping cryptocurrencies and tech stocks in a consolidation phase.

Now, with the Treasury’s account replenished, analysts say the liquidity drain has stopped — a change that could help drive the next leg of the market’s growth. As global money supply expands again, investors expect renewed flows into equities and crypto, similar to what happened in previous bull cycles.

Experts often say liquidity, the availability of money in the system, is the single most powerful force in global markets. Historical data shows that liquidity growth accounts for nearly 90% of Bitcoin’s price movement and most of the NASDAQ’s performance.

“When global liquidity rises, risk assets like crypto tend to outperform,” macro strategist Raoul Pal said, calling it “the simplest big trade ever.”

Why XRP Could OutperformAmong major cryptocurrencies, XRP is viewed as one of the better-positioned assets for this next phase. Following its partial legal victory against the SEC, XRP now enjoys a clearer regulatory status than many competitors. Combined with Ripple’s growing network of banks and payment partners, analysts believe XRP could benefit both from speculative inflows and real-world adoption.

Market analyst Jay Claver recently pointed out that XRP’s public supply on exchanges has been steadily declining. On-chain data shows more XRP being moved off exchanges and into institutional or over-the-counter (OTC) wallets.

Claver suggests this could mark the beginning of an accumulation phase, similar to what often happens before major liquidity shifts. 

“Large players seem to be preparing for system-level changes, not just chasing short-term price moves,” he said.

XRP’s Potential Role in Global FinanceClaver also raised an interesting perspective: the idea that XRP could one day serve as collateral in financial systems. Just as gold or reserves have historically supported government balance sheets, digital assets like XRP could play a similar role due to their speed, verifiability, and global accessibility.

This could become increasingly relevant as governments look for new tools to manage debt and liquidity without expanding the money supply.

A Built-In Liquidity MechanismAccording to Ripple CTO David Schwartz, XRP’s design naturally adjusts to liquidity demand. When more transactions flow through XRP-based payment corridors and the available supply is limited, the asset’s price tends to rise automatically to meet volume needs.

Claver compared this to “fluid dynamics” when the flow of value increases through a narrower channel, pressure and speed naturally rise.

At the same time, global financial systems are moving toward greater coordination. BRICS nations are exploring digital currencies, Western countries are testing central bank digital currencies (CBDCs), and Ripple continues to expand its banking partnerships.

Claver believes this may represent a “pre-activation” phase where the infrastructure for digital settlement is ready but not yet fully switched on.

The Bottom LineAs global liquidity shifts from tightening to expansion, analysts expect risk assets like crypto to benefit. For XRP, the combination of regulatory clarity, institutional adoption, and its unique role in payment infrastructure could make it one of the standout performers in the next market cycle.

While no one can predict exact timelines, experts agree on one thing: liquidity drives markets. And with global liquidity on the rise again, XRP could be among the biggest beneficiaries.

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

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Zcash (ZEC) has shocked the crypto world, soaring back into the top 20 cryptocurrencies after months of obscurity. The privacy-focused coin hit a market cap of $10.9 billion, overtaking Hyperliquid’s $10.8 billion and cementing its place among the most valuable digital assets. Despite the broader market slump, ZEC has climbed over 25% in the past 24 hours and an astonishing 750% since early October.

What’s even more remarkable is that while Bitcoin and Ethereum have both fallen double digits over the past month, Zcash price has moved in the opposite direction — reclaiming the $200 mark for the first time since 2022 and touching $680 at the time of writing.

Read>> Top 5 Privacy Tokens to Watch Before 2026

From $75 to $680: A Privacy Coin’s RevivalZEC/USD Daily Chart- TradingViewAt the start of October, ZEC price traded near $75 after years of drifting between $20 and $80. Its resurgence has been rapid and relentless. By mid-October, it had already broken through resistance levels despite the largest liquidation event in crypto history. The current price marks Zcash’s highest point since early 2018, though it still sits well below its inflated 2016 all-time high of over $3,000 — a number skewed by limited early supply.

The rally comes amid widespread losses across the sector. Bitcoin is down about 18% since mid-October, Ether has dropped 26%, and the GMCI 30 index has fallen 25%. Yet Zcash has defied gravity, becoming one of the few bright spots in a largely bearish market.

Why Zcash Is Suddenly in DemandSeveral narratives are driving Zcash’s rise. Analysts point to growing debates around financial surveillance in Europe, increasing attention to privacy wallets, and a jump in sector-wide trading volumes. But the deeper story lies in Zcash’s architecture and philosophy.

Zcash allows users to move tokens into a “shielded” pool, using zero-knowledge proofs (zk-SNARKs) to hide transaction details while keeping the network verifiable. The amount of shielded supply has grown significantly in recent months, suggesting a rise in active usage — not just speculation. According to The Block’s analysts, this opt-in privacy feature is being embraced by more holders, reflecting greater trust in Zcash’s technology and ecosystem.

The ‘Encrypted Bitcoin’ NarrativeNansen analyst Jake Kennis summed it up well: “Privacy is increasingly viewed as a necessity rather than a feature.” Zcash’s combination of privacy tech, Bitcoin-like economics, and upcoming halving event has sparked a new wave of investor enthusiasm.

Its technical foundation — a fixed 21 million supply, Proof-of-Work consensus, and zk-SNARK-enabled privacy — positions it as what many are calling an “encrypted Bitcoin.” The recent release of the Zashi wallet, supporting shielded transactions and Solana integration, has further expanded its reach and ease of use.

Market data backs up the narrative. Both spot and futures volumes are spiking as traders pile into the privacy coin trade. Funding rates have turned extremely negative, signaling heavy short liquidations as bullish momentum accelerates.

Arthur Hayes Backs the MoveFormer BitMEX CEO Arthur Hayes has publicly endorsed Zcash’s rise, revealing that his family office, Maelstrom, now holds ZEC as its second-largest liquid position after Bitcoin. Hayes argued that Zcash’s shielded transactions could power the next wave of decentralized exchanges, predicting a $1,000 price target.

His involvement has added fuel to an already heated rally, though some analysts warn this could also signal a potential top if hype overtakes fundamentals. Still, the return of high-profile backers like Hayes underscores how far Zcash has come since being written off as a relic of the last bull cycle.

The Bottom LineZcash price climb back into the crypto elite shows how quickly sentiment can shift when technology, ideology, and timing align. With its emphasis on privacy, limited supply, and renewed institutional interest, $ZEC is reminding the market that privacy coins still have a place in the future of digital finance.

Whether this rally sustains or cools off, Zcash has already achieved something few coins manage — a full-scale comeback that reignites an entire category.

Journalist

Posted: November 7, 2025

Key Takeaways
Where did the stolen funds go?
The Garden Finance exploiter transferred some of the funds to Tornado Cash, while one attacker address still holds approximately $910,000 in stolen assets.

Why is this exploit especially controversial?
Before the hack, ZachXBT accused Garden Finance of laundering funds from major breaches, making Garden both an accused facilitator and victim.

The hacker behind the Garden Finance exploit has transferred $6.65 million worth of stolen crypto to Tornado Cash. 

Source: CertiK

Security firm CertiK tracked the movements today, revealing the exploiter sent 501 BNB and 1,910 ETH through the privacy mixer.

One attacker’s address still holds approximately $910,000 in stolen funds.

The original attack
Garden Finance suffered an exploit on 31 October. AMBCrypto reported that hackers drained $10.8 million across multiple blockchains, including Arbitrum, Ethereum, and Solana. Blockchain investigator ZachXBT first spotted the unauthorized withdrawals.

The team offered a 10% white-hat bounty to the attacker, but the hacker never responded. Instead, they began laundering the stolen funds through Tornado Cash this week.

Garden Finance team claims solver compromise
Garden Finance co-founder Jaz Gulati posted an update on 5 November 5. He insisted the breach hit only a third-party solver’s web2 infrastructure, not Garden’s core contracts.

“No user funds or protocol contracts were affected,” Gulati wrote. “All systems performed as intended under failure conditions.”

The team outlined plans to restore operations, strengthen solver security, and onboard additional independent solvers for redundancy.

On-chain evidence tells a different story
ZachXBT disputed Garden’s version of events. He shared screenshots of an on-chain message from a Garden deployer address to the attacker. The message admitted “our systems have been compromised across multiple blockchains.”

The contradiction between the team’s public statement and the on-chain message raised questions about the true scope of the breach.

Money laundering allegations
Before the exploit, ZachXBT had accused Garden Finance of processing stolen funds. He claimed over 25% of Garden’s activity involved laundered money from major hacks, including the $1.4 billion Bybit breach.

Former Ren Protocol developers built Garden Finance. Ren previously processed over $540 million in illicit funds before being delisted by major exchanges.

Investigators suspect the DPRK-linked hacker group “Dangerous Password” orchestrated the Garden attack.

What’s next?
The platform has not addressed the latest fund movements to Tornado Cash. With millions now mixed through a privacy protocol, recovery prospects appear slim.

The incident highlights ongoing security challenges in cross-chain DeFi infrastructure and the risks protocols face when processing questionable fund flows.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum’s price may be experiencing a pullback due to the robust volatility in the crypto market, but bullish sentiment is starting to return on the institutional level. In a bold and bullish move, Bitmine Immersion has made another strategic ETH purchase, scooping up the altcoin on a large scale amid the ongoing volatile period.

Bitmine Immersion Is Buying Ethereum Again
After a brief period of quiet, Bitmine Immersion, a leading Ethereum treasury company, is back on the offensive. The treasury company has resumed its accumulation of ETH, a move that underscores the firm’s renewed conviction in the altcoin and its price prospects in the long term.

A crypto investor and tech enthusiast known as BMNR Bullz on X reported a fresh wave of large ETH purchases channeled into Bitmine’s reserves, triggering hopes of a market recovery. Bitmine’s recent acquisition aligns with the company’s ongoing strategy to bolster its treasury and stake holdings.

Bitmine stacking up ETH again | Source: Chart from BMNR Bullz on X
According to the report, the company has doubled down on ETH by acquiring over 40,718 ETH on Thursday. At current price levels, this ETH purchase is valued at a massive $137 million. This continuous accumulation stands out during a period of conflicting market sentiment, making it evident that the company believes Ethereum’s next growth phase is far from over.

Furthermore, this buy implies that smart money is now choosing to accumulate rather than sell. Despite the ongoing decline in the price of ETH, these investors are scooping up more ETH while everyone else hesitates. “When institutions buy dips, you know what comes next,” BMNR Bullz. 

Corporations Accumulate, ETH’s Ready For A Rally
As Bitmine Immersion consistently purchases Ethereum, the firm’s Co-Chief Executive Officer (Co-CEO), Tom Lee, has outlined a bullish outlook for ETH’s price, predicting an impending surge to unprecedented levels. Lee shared his bold prediction in an interview on The Pomp Podcast.

In the interview, Lee highlighted Ethereum’s growing dominance in the financial sector, which is likely to drive the anticipated rally. The CEO stated that Wall Street is currently building and tokenizing products on the ETH blockchain. “Wall Street is not going to be building on the Bitcoin blockchain because they need a smart contract platform such as Ethereum,” he added.

Given that Wall Street is starting to adopt ETH at a rapid rate, the CEO declares that the altcoin is now in a super cycle. Meanwhile, Lee has forecasted that the price of ETH might rise to the $21,000 mark in the near term.

Wall Street’s growing adoption indicates that Ethereum’s fundamentals remain strong. According to crypto analyst Crypto-Gucci.eth, ETH is at an all-time high in fundamentals, including usage, utility, and institutional demand. 

Presently, Crypto-Gucci.eth noted that the largest organizations in the world are discreetly reconstructing the global financial system on Ethereum rails while everyone freaks out over red candles. Thus, the market expert has urged investors to look beyond the noise, stating that the future is already here and it’s being built on Ethereum.

ETH trading at $3,353 on the 1D chart | Source: ETHUSDT on Tradingview.com
Featured image from Unsplash, chart from Tradingview.com

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Bitcoin’s latest move to around $101,000 is a reflection of shifting on-chain conditions as once-immobile supply begins to stir.

After months of steady accumulation, long-term holders are starting to distribute, ETFs have pivoted from inflows to outflows, and liquidity pressures are reshaping the market’s balance between supply and demand.

Beneath the surface, the data reveals a mechanical tension building between issuance, fund absorption, and holder behavior, setting the stage for Bitcoin’s next real squeeze.

Over the last week, Bitcoin ranged between $99,500 and $103,000, with the price retreating from recent highs as long-held coins were moved and new issuance met softer demand from funds, including back-to-back net redemptions in early November.

The core driver sits on-chain.After months of net accumulation, roughly 62,000 BTC left illiquid cohorts since mid-October, the first notable downtick in the second half of the year.

The shift reflects long-duration wallets realizing gains into strength around clustered cost bases.

Before this pullback, illiquid supply had climbed toward 14.3 million to 14.4 million BTC, representing nearly 72% of circulating coins, a multi-year high for the share held by low-spending entities. When that stock loosens, float expands, and rallies stall until demand clears the extra supply.

The path from stall to squeeze is mechanical. Post halving issuance runs at about 3.125 BTC per block, roughly 450 BTC per day. The fixed trickle now interacts with three moving parts: the pace of long-term holder distribution, the rhythm of miner selling, and the capacity of funds and treasuries to absorb all of it.

If ETFs and balance sheet buyers take more coins than issuance plus distribution, price climbs as available float thins. If they fall short, price cuts are made while older cohorts reduce their exposure.

Fund flows have turned into a headwind in the near term.U.S. spot Bitcoin ETFs logged sizable net outflows in early November, with approximately $566 million on Nov. 4 and a further $137 million on Nov. 5, before a partial offset with roughly $240 million of inflows on Nov. 6, according to Farside.

Multi-day redemptions nearing $2 billion across products highlights how concentrated U.S. demand can amplify swings in absorption. The breadth of that demand still matters because U.S. flows remain concentrated in a single large issuer; when creations stall there, aggregate absorption often falters.

Long-term behavior is also in motion. Glassnode’s ‘Week On Chain’ notes net distribution from long-duration cohorts, visible in Spent Output Age Bands, as older slices contribute more on green days.

Average dormancy ticked to a monthly high in early October, a pattern that often clusters near local tops or transitions when seasoned wallets take profits into strength. The same framework helps identify the turn; a fade in spending from the over one-year bands during up days has preceded renewed upside in past cycles as supply re-tightens.

Miner behavior sits on the margin, but it moves the needle when hashprice is low. Issuance is fixed, yet the net position change for miners dipped into a negative range in late summer, and transfer spikes to exchanges reappeared on CryptoQuant dashboards in mid-October.

If fees or price lift hashprice, distribution typically slows, and if revenue compresses, hedging or sales can add 200 to 500 BTC per day to outflows, enough to flip tone when fund demand is near balance. This relationship can be tracked alongside Glassnode’s miner net position change and Hashrate Index’s hashprice, which has weakened again in November.

The cost basis rails mark the trend.In prior advances, the Short Term Holder realized price flipped from resistance to support as broader demand absorbed coins distributed by older cohorts. Reclaiming and holding that line after pullbacks has tracked constructive phases, while losing it has coincided with range-bound markets as long holders continue to trim.

A simple balance sheet captures the setup at today’s price. At roughly $101,000 per coin, the daily issuance of about 450 BTC equates to approximately $45.45 million. ETF flows can be translated to coins by dividing dollars by the price, so $50 million is ~495 BTC per day, and $200 million is ~1,980 BTC.

The recent surge in long holder distribution, roughly 62,000 BTC since mid-October, averaged about 4,430 BTC per day if spread over two weeks, indicating a spike rather than a steady pace. The sign of net absorption, demand minus issuance and distribution, determines whether the float tightens or loosens.

ScenarioETF demandLTH net distributionMiner netNet absorptionStalemate$50M ≈ ~495 BTC/day2,000 BTC/day~0-1,955 BTC/day, supply exceeds demandBase uptrend$150M ≈ ~1,485 BTC/day1,000 BTC/day~0+35 BTC/day, near balanceSqueeze$200M ≈ ~1,980 BTC/day500 BTC/day~0+1,030 BTC/day, demand clears float(Miner net assumed ~0 in baseline scenarios; sensitivity rises if daily miner outflows reach 200–500 BTC.)

The market’s stall and subsequent retrace fit the math.The illiquid supply declined in October as older coins were moved, fund demand turned negative for several sessions, and miners experienced small outflows.

That combination increases tradable float and caps momentum until the mix flips. When long-term holder distribution slows and ETF issuance outpaces printing again, illiquid supply can resume climbing, and prices can advance without large new cash inflows.

According to Glassnode’s Illiquid Supply Change, a turnaround in the 30-day rate would confirm reaccumulation, particularly if U.S. ETFs and new listings abroad return to consistent net creations.

Macro still matters as a backdrop. Research from NYDIG frames Bitcoin as a liquidity barometer that responds to the dollar and real interest rates, rather than an inflation hedge. Tighter global liquidity and a firmer dollar into early November have coincided with weaker bids, a reminder that the dollar’s path into year-end remains relevant for flow velocity.

For traders watching the tape, the checklist is concise and straightforward. Track the Illiquid Supply Change for a turn higher, watch the short-term holder realized price during dips, and monitor the mix in Spent Output Age Bands for a fade in over one-year spends on green days.

Additionally, keep daily ETF creations in coin terms next to the ~450 BTC per day issuance line. If miners ease distribution while those gauges improve, the float tightens and the range gives way.

Mentioned in this article

TLDR

Table of Contents

TLDRFilecoin Leads with 73% Price SurgeZcash Shows Strong Demand as Starknet and NEAR Protocol See Steady GainsEthereum Classic, Render, Internet Computer, and MemeCore Also Show Growth

Top gainer Filecoin (FIL) surges 73.13%, reaching $2.42 with a trading volume of $2.08B.
Artificial Superintelligence Alliance (FET) jumps 52.62%, reaching $0.3332, with $404M traded.
Zcash (ZEC) sees a 31.92% price increase, reaching $696.13, with $2.86B in trading volume.
Starknet (STRK) rises 27.14% to $0.1326, with a 24-hour trading volume of $142M.
NEAR Protocol (NEAR) grows by 25.30%, reaching $2.52, with $903M in trading volume.

In the last 24 hours, the cryptocurrency market has experienced significant price increases across various assets. Several digital currencies have demonstrated strong growth, reflecting investor interest and market movements. Filecoin, Artificial Superintelligence Alliance, Zcash, and others have seen notable gains, with some cryptocurrencies posting impressive trading volumes.

Filecoin Leads with 73% Price Surge
According to a CoinMarketCap report, Filecoin (FIL) has seen a remarkable 73.13% increase in its price, reaching $2.42. The asset has garnered a trading volume of $2,087,954,435, indicating strong market activity. This surge marks a significant shift in Filecoin’s price within the last 24 hours, attracting considerable attention from investors and traders alike.

Artificial Superintelligence Alliance (FET) is priced at $0.3332, following a 52.62% increase in its value. The cryptocurrency’s 24-hour trading volume stands at $404,743,924, underscoring its growing demand. This rise in price shows a clear shift in the market’s interest toward Artificial Superintelligence Alliance, highlighting its market potential.

Zcash Shows Strong Demand as Starknet and NEAR Protocol See Steady Gains
Zcash (ZEC) has reached a price of $696.13, rising by 31.92% in the past 24 hours. The asset has seen a robust trading volume of $2,864,325,083, signaling significant investor activity. The growth in Zcash’s value demonstrates the increasing market demand and interest in the asset.

Starknet (STRK) is now priced at $0.1326, reflecting a 27.14% increase in value. Its trading volume has reached $142,089,425, showing a consistent level of interest from traders. Similarly, NEAR Protocol (NEAR) has seen a price increase of 25.30%, reaching $2.52. The cryptocurrency has achieved a trading volume of $903,647,880, signaling active participation in its market.

Ethereum Classic, Render, Internet Computer, and MemeCore Also Show Growth
Ethereum Classic (ETC) has gained 17.88% and is now priced at $16.91. It has a trading volume of $375,617,953, reflecting steady market participation. Render (RENDR) has seen a 14.96% rise, reaching $2.23, with a trading volume of $86,817,781. MemeCore (M), priced at $2.75, has increased by 13.48%, and its trading volume is $22,129,248.

Internet Computer (ICP) has also shown a steady price increase of 12.58%, now priced at $7.63. Its trading volume is $1,431,397,683, indicating significant interest from market participants. The cryptocurrency continues to demonstrate growth as trading activity remains strong.

TLDR:

S token dropped 90% as Sonic migration failed to retain users and liquidity.
The network offered $120M in incentives and 200M $S for airdrops but saw weak ecosystem growth.
Binance’s FTM delisting announcement deepened user confusion during the transition.
Analysts say Sonic’s collapse offers lessons for new Layer 1 networks like Monad and MegaETH.

Fantom’s migration to Sonic has turned into a cautionary tale for blockchain networks attempting large-scale transitions. 

The $ token has plunged nearly 90% from $1 to $0.12, while total value locked (TVL) mirrored the fall. Despite a promising rollout and strong technical features, the network struggled to retain users and builders. 

Community discussions now point to timing, execution, and lack of ecosystem depth as key reasons for the collapse.

Sonic Migration Promised High Speed, Deep Incentives
When Fantom launched its Sonic migration plan, expectations were high. The project introduced a new token, S, alongside major incentive packages to attract users and developers. 

According to DeFi researcher Ignas, the team allocated 200 million S tokens for airdrops and $120 million for migration programs aimed at expanding liquidity and onboarding builders.

The strategy also offered 90% of gas and fee revenue to app developers, an unusually generous model among Layer 1 and Layer 2 chains. 

With advertised speeds of up to 400,000 transactions per second and sub-400 millisecond finality, Sonic positioned itself as a high-performance, developer-first chain. Yet, as Ignas noted in his post on X, “the tech was there, execution and timing were not.”

Fantom to Sonic migration should be a case study for every L1 and L2 team.$S is down 90%, from $1 to $0.12, and TVL followed the same destiny.

On paper, Sonic had a solid playbook:

– 200M S for airdrops to attract users
– $120M migration program to attract builders and… pic.twitter.com/jxxYwScBAx

— Ignas | DeFi (@DefiIgnas) November 7, 2025

The network failed to capture attention across social platforms. Many early participants reportedly bridged assets out of Sonic after initial farming periods ended, citing limited activity and lack of unique decentralized applications. 

On-chain data shows that most user engagement was driven by short-term airdrop farming rather than sustained demand.

Missed Timing and Market Headwinds Deepen the Decline
Fantom’s migration faced critical external and internal setbacks.

Binance’s decision to delist FTM without clarifying its support for S created uncertainty among token holders, leading to confusion and liquidity drain. This announcement coincided with a period of heavy memecoin trading, which diverted investor interest away from new Layer 1 ecosystems.

Ignas highlighted that there was “not much to do on the chain besides farming and betting on price,” signaling a lack of compelling apps or real utility. As a result, both $S token holders and liquidity providers exited rapidly, leaving a hollow network structure despite the vast incentive pool.

Analysts say the Sonic case underscores how capital incentives alone cannot sustain blockchain ecosystems without strong user-facing applications. Projects like Monad and MegaETH, which are preparing mainnet launches, are being urged to study Sonic’s experience to avoid similar pitfalls.

With momentum stalled and price pressures persisting, Fantom’s Sonic migration stands as a sobering reminder that technology and funding cannot replace timing, execution, and active community participation.

TL;DR

Bitcoin tests $100,000 again after short-term holders exit.
Record open interest on October 31; half rebuilt in a week.
11-12% put skew on short maturities reflects immediate caution.

Bitcoin is once again testing the $100,000 threshold after short-term holders exited their positions, creating a shift in market sentiment. The options market, which serves as a transparent gauge of trader expectations, provides key insights into how participants are positioning themselves in the current environment.

Data indicate that a new all-time high (ATH) in open interest was recorded on October 31, shortly before contract expiries cleared a portion of positions. Within a week, roughly half of that open interest has already returned, suggesting a steady rebuild. Traders remain highly active, and the options market continues to print record highs with each successive expiry.

$BTC Options Weekly

Bitcoin is retesting the 100K level after short term holders have capitulated. Options data reveal how traders feel about fear, vol and positioning, a clear read on sentiment and the driver of price action.

Here’s what the market is signaling now. 👇 pic.twitter.com/64A8uPwYnp

— glassnode (@glassnode) November 7, 2025

Options trading volume has remained elevated since the price crossed $107,000, signaling constant position adjustments and fresh hedging activity. The data reveal mixed sentiment, as participants hedge against further declines while speculating on short-term rebounds.

Market Positioning and Sentiment
The put–call volume ratio indicates a fragile confidence in the market bottom. During the recent downturn, put activity rose sharply, followed by a burst in call buying as prices rebounded near $100,000. Despite the bounce, puts have regained momentum, reflecting ongoing caution. The market appears to expect a retest of lower levels and maintains protective positioning.

Source: Santiment
Short-dated maturities, ranging from one week to one month, show a strong put skew near 11–12%, illustrating near-term anxiety among traders. Longer-dated contracts remain moderately put-biased, signaling cautious behavior rather than panic. Participants appear to be conserving capital, ready to re-enter when volatility stabilizes.

Source: Santiment
Premium data reinforce this sentiment. The 100K strike put premium for short-term maturities has grown from negative territory to roughly $7 million in three days, marking a substantial investment in downside coverage. Meanwhile, the 120K strike call for medium to long-term expiries shows little accumulation, as traders used the brief price recovery to sell calls and reduce exposure.

Source: Glassnode
Overall, options metrics reveal a market still governed by fear and uncertainty. Traders are prioritizing risk control over aggressive positioning. In such conditions, experience tends to reward those who act with restraint — selling early and buying late remains the pattern favored by disciplined participants.

As of November 7, 2025, the current price of Bitcoin (BTC) is approximately $100,526 USD, according to CoinGecko live data. Over the past 24 hours, BTC has posted a modest 1.3% increase, although it remains down 9.1% over the past 7 days, signaling a moderate correction phase following the strong rally seen in October. The daily trading range sits between $99,376 and $102,380 USD, with a market capitalization of around $2.0 trillion USD and a 24-hour trading volume exceeding $86.8 billion USD.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Savara To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Savara between March 7, 2024 and May 23, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Savara Inc. ("Savara" or the "Company") (NASDAQ: SVRA) and reminds investors of the November 7, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

James (Josh) Wilson, Faruqi & Faruqi Senior Partner (PRNewsfoto/Faruqi & Faruqi, LLP)

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the MOLBREEVI BLA lacked sufficient information regarding MOLBREEVI's chemistry, manufacturing, and/or controls; (2) accordingly, the FDA was unlikely to approve the MOLBREEVI BLA in its current form; (3) the foregoing made it unlikely that Savara would complete its submission of the MOLBREEVI BLA within the timeframe it had represented to investors; (iv) the delay in MOLBREEVI's regulatory approval increased the likelihood that the Company would need to raise additional capital; and (v) as a result, Defendants' public statements were materially false and misleading at all relevant times.

On May 27, 2025, Savara issued a press release "announc[ing] that the Company received [a refusal to file] letter from the FDA for the [Biologics License Application] of MOLBREEVI as a therapy to treat patients with autoimmune PAP."

On this news, Savara's stock price fell $0.90 per share, or 31.69%, to close at $1.94 per share on May 27, 2025.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. 

Faruqi & Faruqi, LLP also encourages anyone with information regarding Savara's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Savara class action, go to www.faruqilaw.com/SVRA or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

SOURCE Faruqi & Faruqi, LLP

Amazon logo outside an Amazon warehouse in Manchester, Britain, October 28, 2025. REUTERS/Phil Noble Purchase Licensing Rights, opens new tab

Nov 7 (Reuters) - Amazon.com

(AMZN.O), opens new tab on Friday expanded the reach of its low-cost ecommerce service to 14 additional markets and will call it Amazon Bazaar, as part of a push to compete with Chinese rivals including Shein and PDD Holding's

(PDD.O), opens new tab Temu.

The expansion of the service comes at a time when U.S. President Donald Trump's sweeping import tariffs are denting consumer sentiment, especially of lower-income groups, who are on a constant hunt for cheaper deals.

Sign up here.

The new app, similar to Amazon Haul, will deliver a majority of products priced under $10 and some as low as $2, ranging from home goods to fashion, according to the e-commerce giant.

Some of the newer markets for the low-cost ecommerce service include Hong Kong, the Philippines and Taiwan, it said.

Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Anil D'Silva

Our Standards: The Thomson Reuters Trust Principles., opens new tab

HomeIndustriesMediaThe U.S. cable giant is in talks to acquire the studio and streaming arm of British TV network ITV and has reportedly hired bankers to explore taking a run at Warner Bros. DiscoveryPublished: Nov. 7, 2025 at 10:15 a.m. ET

Comcast is on the verge of spinning off its television business, giving it some versatility to make deals. Photo: Justin Sullivan/Getty ImagesComcast appears ready to take the gloves off in the budding media-merger wars.

The Philadelphia-based cable giant and owner of NBCUniversal has opened talks with British broadcaster ITV over a possible sale of its television and streaming business while reportedly also hiring bankers to explore a bid for Warner Bros. Discovery.

A strong stock as of late has been Enova International (ENVA - Free Report) . Shares have been marching higher, with the stock up 13.8% over the past month. The stock hit a new 52-week high of $130.46 in the previous session. Enova International has gained 28.1% since the start of the year compared to the 12.7% gain for the Zacks Finance sector and the 43% return for the Zacks Financial - Consumer Loans industry.

What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 23, 2025, Enova International reported EPS of $3.36 versus consensus estimate of $3.05 while it missed the consensus revenue estimate by 0.83%.

For the current fiscal year, Enova International is expected to post earnings of $12.77 per share on $3.16 in revenues. This represents a 39.56% change in EPS on a 18.72% change in revenues. For the next fiscal year, the company is expected to earn $14.11 per share on $3.65 in revenues. This represents a year-over-year change of 10.54% and 15.83%, respectively.

Valuation MetricsEnova International may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

Enova International has a Value Score of A. The stock's Growth and Momentum Scores are A and B, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 9.6X current fiscal year EPS estimates, which is not in-line with the peer industry average of 10.4X. On a trailing cash flow basis, the stock currently trades at 11.1X versus its peer group's average of 8.2X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Enova International an interesting choice for value investors.

Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Enova International currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Enova International meets the list of requirements. Thus, it seems as though Enova International shares could have a bit more room to run in the near term.

Have you been paying attention to shares of South Atlantic Bancshares, Inc. (SABK - Free Report) ? Shares have been on the move with the stock up 18.3% over the past month. The stock hit a new 52-week high of $21.93 in the previous session. South Atlantic Bancshares has gained 25.5% since the start of the year compared to the 12.7% gain for the Zacks Finance sector and the -2.6% return for the Zacks Banks - Southeast industry.

What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 23, 2025, South Atlantic Bancshares reported EPS of $0.57 versus consensus estimate of $0.5 while it beat the consensus revenue estimate by 5.56%.

For the current fiscal year, South Atlantic Bancshares is expected to post earnings of $2.04 per share on $62 in revenues. This represents a 55.73% change in EPS on a 23.46% change in revenues. For the next fiscal year, the company is expected to earn $2.2 per share on $66.9 in revenues. This represents a year-over-year change of 7.84% and 7.9%, respectively.

Valuation MetricsWhile South Atlantic Bancshares has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.

South Atlantic Bancshares has a Value Score of C. The stock's Growth and Momentum Scores are C and A, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 9.8X current fiscal year EPS estimates, which is not in-line with the peer industry average of 10.5X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, South Atlantic Bancshares currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if South Atlantic Bancshares fits the bill. Thus, it seems as though South Atlantic Bancshares shares could have potential in the weeks and months to come.

How Does SABK Stack Up to the Competition?Shares of SABK have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Customers Bancorp, Inc (CUBI - Free Report) . CUBI has a Zacks Rank of #1 (Strong Buy) and a Value Score of C, a Growth Score of C, and a Momentum Score of A.

Earnings were strong last quarter. Customers Bancorp, Inc beat our consensus estimate by 15.79%, and for the current fiscal year, CUBI is expected to post earnings of $7.97 per share on revenue of $814.12 million.

Shares of Customers Bancorp, Inc have gained 2.5% over the past month, and currently trade at a forward P/E of 8.85X and a P/CF of 10.47X.

The Banks - Southeast industry is in the top 17% of all the industries we have in our universe, so it looks like there are some nice tailwinds for SABK and CUBI, even beyond their own solid fundamental situation.

Wall Street analysts forecast that GlobalFoundries Inc. (GFS - Free Report) will report quarterly earnings of $0.38 per share in its upcoming release, pointing to a year-over-year decline of 7.3%. It is anticipated that revenues will amount to $1.68 billion, exhibiting a decrease of 3.7% compared to the year-ago quarter.

Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

With that in mind, let's delve into the average projections of some GlobalFoundries metrics that are commonly tracked and projected by analysts on Wall Street.

It is projected by analysts that the 'Net revenue- Type of goods and services- Wafer fabrication' will reach $1.49 billion. The estimate points to a change of -4.6% from the year-ago quarter.

The consensus among analysts is that 'Net revenue- End Market- Smart Mobile Devices' will reach $669.73 million. The estimate indicates a year-over-year change of -22.8%.

The consensus estimate for 'Net revenue- End Market- Non wafer revenue' stands at $199.97 million. The estimate indicates a change of +14.9% from the prior-year quarter.

The collective assessment of analysts points to an estimated 'Net revenue- End Market- Home and Industrial IoT' of $274.00 million. The estimate indicates a year-over-year change of -11%.

Analysts expect 'Net revenue- End Market- Automotive' to come in at $367.06 million. The estimate suggests a change of +43.4% year over year.

The average prediction of analysts places 'Net revenue- End Market- Communications Infrastructure & Datacenter' at $181.79 million. The estimate indicates a change of +36.7% from the prior-year quarter.

The combined assessment of analysts suggests that 'Wafer shipment volume' will likely reach 577 . The estimate compares to the year-ago value of 549 .

View all Key Company Metrics for GlobalFoundries here>>>

Shares of GlobalFoundries have experienced a change of -2.6% in the past month compared to the -0.2% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), GFS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Wall Street analysts expect European Wax Center, Inc. (EWCZ - Free Report) to post quarterly earnings of $0.14 per share in its upcoming report, which indicates a year-over-year increase of 16.7%. Revenues are expected to be $52.79 million, down 4.8% from the year-ago quarter.

Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

With that in mind, let's delve into the average projections of some European Wax Center metrics that are commonly tracked and projected by analysts on Wall Street.

The consensus estimate for 'Revenue- Marketing fees' stands at $7.58 million. The estimate suggests a change of -0.3% year over year.

According to the collective judgment of analysts, 'Revenue- Royalty fees' should come in at $13.15 million. The estimate points to a change of -2% from the year-ago quarter.

It is projected by analysts that the 'Revenue- Product sales' will reach $29.26 million. The estimate points to a change of -7.7% from the year-ago quarter.

The consensus among analysts is that 'Ending center count' will reach 1,044 . Compared to the present estimate, the company reported 1,064 in the same quarter last year.

View all Key Company Metrics for European Wax Center here>>>

Shares of European Wax Center have experienced a change of +8.2% in the past month compared to the -0.2% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), EWCZ is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

A strong stock as of late has been FirstCash Holdings (FCFS - Free Report) . Shares have been marching higher, with the stock up 4.9% over the past month. The stock hit a new 52-week high of $166.08 in the previous session. FirstCash has gained 56.3% since the start of the year compared to the -8.7% move for the Zacks Business Services sector and the -10.3% return for the Zacks Financial Transaction Services industry.

What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on October 30, 2025, FirstCash reported EPS of $2.26 versus consensus estimate of $1.91.

For the current fiscal year, FirstCash is expected to post earnings of $8.34 per share on $3.57 in revenues. This represents a 24.48% change in EPS on a 5.33% change in revenues. For the next fiscal year, the company is expected to earn $10.06 per share on $3.87 in revenues. This represents a year-over-year change of 20.66% and 8.56%, respectively.

Valuation MetricsFirstCash may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.

On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

FirstCash has a Value Score of B. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 19.4X current fiscal year EPS estimates, which is a premium to the peer industry average of 13.2X. On a trailing cash flow basis, the stock currently trades at 9X versus its peer group's average of 8.8X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.

Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, FirstCash currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if FirstCash fits the bill. Thus, it seems as though FirstCash shares could have potential in the weeks and months to come.

American Axle & Manufacturing (AXL - Free Report) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.2 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this maker of auto parts would post earnings of $0.13 per share when it actually produced earnings of $0.21, delivering a surprise of +61.54%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

American Axle, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $1.51 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.82%. This compares to year-ago revenues of $1.5 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

American Axle shares have added about 5.8% since the beginning of the year versus the S&P 500's gain of 14.3%.

What's Next for American Axle?While American Axle has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for American Axle was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.04 on $1.39 billion in revenues for the coming quarter and $0.44 on $5.83 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

BRP Inc. (DOOO - Free Report) , another stock in the same industry, has yet to report results for the quarter ended October 2025.

This company is expected to post quarterly earnings of $0.87 per share in its upcoming report, which represents a year-over-year change of +2.4%. The consensus EPS estimate for the quarter has been revised 1% higher over the last 30 days to the current level.

BRP Inc.'s revenues are expected to be $1.47 billion, up 3% from the year-ago quarter.

Unilever PLC's (LSE:ULVR) investors have had little to shout about in recent years, but Barclays reckons 2026 could finally mark a turning point.

The bank believes the consumer goods giant is on course to combine steady growth with rising profitability, arguing that margins of around 20% need not be viewed as a ceiling.

The catalyst is the long-awaited deconsolidation of Magnum, its ice-cream brand, which has often been seen as a drag on group performance.

Freed from its slower-growing cold chain business, Unilever should deliver around 2% volume growth next year, Barclays said, supported by stronger demand across key emerging markets and a sharper focus in North America.

India is expected to accelerate to mid-single-digit organic sales growth, while Latin America should benefit from easier comparisons.

The US business, which has been quietly reshaped, is also gathering pace and now looks capable of contributing above-average volumes. Europe remains a tough market, but the bank argues Unilever’s competitive position there has improved meaningfully.

Barclays’ analysts see scope for margins to climb further even after hitting 20%, a level once treated as an upper limit following the aborted $140 billion approach from Kraft Heinz in 2017.

They note that brand and marketing investment has risen by €2.5 billion since 2021, lifting spend to 15–16% of sales, higher than rivals such as Procter & Gamble.

Gross margins, meanwhile, are forecast to expand to 47% from pre-2019 levels of 44%, helped by a portfolio tilt toward higher-margin categories like prestige cosmetics and wellbeing products, and away from lower-return brands such as Suave and Elida Beauty.

The company’s premium lines are expected to account for half of sales in future, up from about a third today, and Barclays highlights that new volumes are already coming in at gross margins above 60%.

Incentives have also shifted: 80% of executive pay is now linked to absolute profit rather than margin percentage, encouraging growth in hard currency earnings rather than just ratio management.

Latin America remains a weak spot, with Unilever having pushed through price rises too aggressively during a fragile macroeconomic spell. But Barclays views this as a temporary misstep rather than a structural flaw.

With a refocused portfolio, deeper marketing investment and a leaner cost base, the bank believes Unilever is evolving into what it calls a “higher growth, higher margin company”.

At 4,581p, the shares trade at a discount to Barclays’ 5,500p price target, implying nearly 20% potential upside. For investors weary of Unilever’s years of drift, that could make 2026 a more appetising vintage.

LOS ANGELES, Nov. 07, 2025 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Molina Healthcare, Inc. (“Molina” or “the Company”) (NYSE: MOH) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between February 5, 2025 and July 23, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before December 2, 2025.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Molina withheld adverse information about its “medical cost trend assumptions.” The Company suffered from a “dislocation between premium rates and medical cost trend.” The Company was likely to cut its financial guidance for fiscal year 2025. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Molina, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.        

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

 The Schall Law Firm

Photo by Michael M. Santiago/Getty Images

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Frontdoor (NASDAQ: FTDR), a platform for home services that provides repair and maintenance plans for key systems and appliances, experienced a 16% drop in its stock price in just one day, now trading at $55. Although the company has a robust operational foundation and consistent profitability, investors must evaluate whether FTDR stock is genuinely built for durability — particularly when the economic cycle shifts.

With an approximate market capitalization of $4 billion, Frontdoor’s operations encompass home warranty services, on-demand repairs, and technology-driven diagnostics through AI and computer vision. The company boasts a commendable operational history — however, its performance in the market tells an alternate narrative. We elaborate further below.

That said, for those seeking upward potential with less volatility compared to holding a single stock, consider the High Quality Portfolio. It has significantly outperformed its benchmark—a combination of the S&P 500, Russell, and S&P MidCap indexes—and has yielded returns exceeding 105% since its inception. What is the reason behind this? As a group, HQ Portfolio stocks have provided superior returns with less risk compared to the benchmark index, steering clear of major fluctuations, as demonstrated in HQ Portfolio performance metrics. Additionally, take a look at Can Copart Stock Jump 50%?

The Reality Behind The NumbersAt first glance, Frontdoor seems to be well-situated:

Operating margin: 19.5% (slightly higher than the S&P 500’s 18.8%)Net margin: 13.1%Cash flow margin: 17%Debt-to-equity ratio: 25.2%, accompanied by a healthy cash-to-assets ratio of 25.9%These figures appear reassuring — yet they do not convey the complete picture. Investors often confuse steady fundamentals with resilience. History indicates that when markets falter, Frontdoor’s stock does not simply decline — it experiences a significant drop.

MORE FOR YOU

Historical Precedent: When Stability CrackedTake into account the inflation shock of 2022.
While the S&P 500 decreased by about 25%, FTDR plummeted 66% — falling from $58.16 in early 2021 to only $19.55 by late 2022. It required almost two years (686 days) for the stock to return to its pre-crisis level.

Even during the downturn caused by COVID in 2020, Frontdoor suffered a 37% decline, lagging behind the market’s 34% drop. While it did recover, this only underscores its volatility: strong during rebounds, but fragile during declines.

The Risk Factors That Could Pressure FTDRDownturn Fragility
Despite solid balance sheet indicators, FTDR’s stock has continually demonstrated “very weak downturn resilience.” While the company may perform reasonably well, its valuation and investor sentiment are highly sensitive to slowdowns related to the housing market.Moderate Growth in a Slow Sector
With an average annual growth rate of 6% and 8.7% revenue growth over the trailing twelve months, Frontdoor’s revenue growth merely keeps pace with the market — hardly enough to justify premium pricing or enthusiasm.Operational Concentration
The company’s operations are closely linked to U.S. housing activity and demand for repair services. Any weakness in home transactions or discretionary consumer spending could negatively impact plan renewals and new sales.Limited Upside Narrative
Unlike technology-focused or cyclical growth firms, FTDR lacks a defined story of reinvention. It is a solid, steady operator — not a high-growth disruptor. However, its valuation (P/E 18.6x, P/S 2.4x) is not low enough to present deep-value allure.Sentiment & Momentum Risk
FTDR’s recent 16% decline illustrates how swiftly investor sentiment can change. The market frequently rewards consistency until it no longer does — and Frontdoor’s prolonged recovery periods indicate this trend could repeat if broader investor sentiment weakens.What’s the Real Downside Risk?If history is a reliable guide, the actual downside for FTDR is not insignificant.
In past corrections, the stock has dropped by 60–65% from its peaks. From its current price of $55, that suggests a potential downside into the low $20s — certainly plausible if housing, interest rates, or consumer sentiment worsen.

This isn’t a doomsday prediction — it’s based on historical evidence. The company’s fundamental conditions haven’t changed dramatically since 2022. Its margins are consistent, growth is modest, and its resilience remains in question.

The Bottom LineFrontdoor is not a failing company — but it also isn’t a stock that inspires confidence. Investors attracted by its reasonable valuation and consistent cash flow may be overlooking its historically poor performance during downturns and its high correlation with consumer spending cycles.

In stable markets, FTDR appears favorable. In volatile markets, history shows it tends to suffer disproportionately.

If this level of cyclicality makes you uncomfortable, you might want to consider the Trefis Reinforced Value (RV) Portfolio, which has outperformed its all-cap benchmark (a mix of the S&P 500, S&P mid-cap, and Russell 2000 indices) to deliver strong returns for investors. Why is this the case? The quarterly rebalanced combination of large-, mid-, and small-cap RV Portfolio stocks provides a flexible strategy to take advantage of favorable market conditions while minimizing losses during market downturns, as illustrated in RV Portfolio performance metrics.

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Zcash ZEC shows a clear daily uptrend and elevated momentum. Meanwhile the reader will get a concise view of the D1 technical bias, intraday sentiment and practical levels to watch, and also a short scenario plan for traders.

Summary

Market OverviewTechnical AnalysisDaily Chart (D1)Intraday Sentiment (Zcash price action)Key Levels and Pivot ZonesTrading ScenariosMarket ContextFinal Outlook — Zcash ZEC
Market Overview
The short-term trend is bullish on D1 with strong momentum and rising volatility. Moreover market sentiment is cautious overall: Fear & Greed sits at 24 (Extreme Fear), which implies lower conviction despite price strength. In contrast BTC dominance is high, at 58.1987460989518%, so liquidity rotation favors large caps; therefore alt impulse can be fragile.

Technical Analysis
Daily Chart (D1)

Indicator
Value

EMA20
386.64

EMA50
269.28

EMA200
123.19

RSI: 88.49 — very overbought, which suggests consolidation or a pullback can occur despite trend. As a result buyers are dominant but tiring.

MACD: line 87.41, signal 67.04, hist 20.38 — bullish momentum with expanding histogram, indicating trend acceleration. Therefore trend continuation is likely while the MACD gap stays wide.

Bollinger Bands: mid 361.17, upper 568.33, lower 154.00 — price above the upper band, which often signals an extended move and potential reversion. Meanwhile width is elevated, so volatility is high.

ATR14: 72 — higher absolute volatility on daily bars, implying wider stops are required. Consequently trade management should account for larger swings.

Pivot: PP 604.29, R1 683.42, S1 543.59 — price currently above PP and near R1, which acts as immediate resistance and target. Therefore R1 and S1 frame the near-term trade bias.

Main scenario based on D1: bullish. The daily regime is tagged bullish in the data, so the primary bias favors continuation while daily momentum holds.

Intraday Sentiment (Zcash price action)
H1 shows bullish structure: EMA20 589.36 above EMA50 541.43, and EMA200 448.64 well below, with RSI 69.83 indicating strong intraday momentum. Moreover H1 MACD has a positive histogram (2.25), which supports continued upside on pullbacks.

M15 shows a near-term neutral-to-fading short impulse: EMA20 622.89 slightly above EMA50 602.34, RSI 52.34 and MACD histogram -1.68, implying short-term consolidation. In contrast D1 is strongly overbought, so intraday weakness can be a buy opportunity.

Key Levels and Pivot Zones

Zone
Price (USDT)

Support
543.59

Resistance
683.42

Price tends to respect the pivot band: consequently a close above R1 683.42 would confirm further extension, while failure there often leads to re-tests of S1 543.59. Therefore use these levels for entries and exits.

Trading Scenarios
Bullish setup: If confirmed by a sustained D1 close above R1 (683.42) and MACD staying positive, target measured extensions and use ATR-based stops. If confirmed, traders can add on pullbacks to EMA20 with tight intraday confirmation.

Bearish setup: However if price rejects at R1 and RSI rolls down from extreme D1 readings, watch for a drop toward S1 (543.59) or the PP (604.29) as invalidation zones. On the other hand a daily close below PP would shift the bias to neutral.

Neutral range: Meanwhile between PP 604.29 and R1 683.42 price may consolidate; in addition range traders can fade extremes and target the mid-pivot for short-term gains.

Market Context

Metric
Value

Total Market Cap
3411052571435.4414

BTC Dominance
58.1987460989518

Fear & Greed Index
24

Indeed macro liquidity is pulling back with total market cap down ~2.47% (market data), which can pressure alts. Moreover DeFi metrics such as DeFi TVL are not provided in the facts, but on-chain flows should be monitored for re-acceleration of demand.

Final Outlook — Zcash ZEC
Overall the bias is bullish on D1, yet conditions require caution: RSI is stretched and volatility is elevated, so expect intermittent pullbacks. In conclusion trade with trend but size positions for ATR-based risk and use R1/S1 pivots for entries.

This analysis is for informational purposes only and does not constitute financial advice.

Readers should conduct their own research before making investment decisions.

Satoshi Voice

Satoshi Voice is an advanced artificial intelligence created to explore, analyze, and report on the world of cryptocurrency and blockchain. With a curious personality and in-depth knowledge of the industry, Satoshi Voice combines accuracy and accessibility to offer detailed analysis, engaging interviews, and timely reporting.
Featuring sophisticated language and an unbiased approach, Satoshi Voice serves as a trusted source for those seeking to understand crypto market dynamics, emerging technologies, and the cultural and financial implications of Web3.
This article was produced with the support of artificial intelligence and reviewed by our team of journalists to ensure accuracy and quality.
Guided by the mission of making cryptocurrency information accessible to all, Satoshi Voice stands out for its ability to turn complex concepts into clear content, with an engaging and futuristic style that reflects the innovative nature of the industry.

Meanwhile the short-term price structure for Avalanche AVAX crypto shows bearish momentum on the daily chart, and this note explains the context, key levels, and scenarios. Readers will get a concise technical read, intraday rhythm and practical triggers to watch, with clear interpretations for each indicator.

Summary

Market OverviewAvalanche AVAX crypto — Technical SnapshotDaily Chart (D1)AVAXUSDT intraday sentiment (H1–M15)Key Levels and Pivot ZonesTrading ScenariosBullish SetupBearish SetupNeutral RangeMarket ContextFinal Outlook
Market Overview
Short-term trend: the daily regime reads bearish, and sentiment is low. Moreover, the Fear & Greed index at 24 classifies market mood as Extreme Fear. Volatility is elevated on D1 given a 14-day ATR of 1.36, therefore traders should expect larger daily moves. In contrast, BTC dominance remains high, near 58.25%, implying capital concentration in bitcoin rather than altcoins.

Avalanche AVAX crypto — Technical Snapshot
Daily Chart (D1)

Indicator
Value

EMA20
18.84

EMA50
21.95

EMA200
24.02

The exponential moving averages are aligned bearishly with the EMA20 below the EMA50, and both under EMA200. As a result, the moving average structure confirms the main bearish scenario. The RSI at 30.41 sits near oversold territory, therefore momentum is weak but may allow bounces.

The MACD line (-2.03) is slightly below its signal (-2.01), and the histogram is marginally negative (-0.02), so trend continuation is likely until a clear cross appears. The Bollinger mid at 18.67 with a lower band at 15.60 shows the current close near the band; hence the lower band is acting as nearby volatility support. Finally, the 14-day ATR of 1.36 quantifies sizable daily ranges; consequently risk per trade should account for that width.

AVAXUSDT intraday sentiment (H1–M15)
The intraday structure is more neutral, meanwhile H1 EMAs (EMA20 and EMA50 at 16.45) converge under EMA200 at 17.37. The M15 reads neutral as well, and short-term momentum shows mixed signals.

Furthermore, H1 MACD is flat (line 0.06 vs signal 0.06), which implies limited directional conviction intraday. In contrast, M15 RSI near 31 suggests short-term selling pressure but allows local mean-reversion attempts. Traders should treat intraday moves as oscillatory until the daily trend flips.

Key Levels and Pivot Zones

Zone
Price (USDT)

Support
15.79

Resistance
16.77

The daily pivot points show a central pivot at 16.41, and immediate resistance at 16.77 with support at 15.79. Consequently, price reactions near these zones will define short-term bias. If the market holds above 15.79, expect ranges and attempts toward 16.77. However, a decisive break below 15.79 would validate further downside per the daily regime.

Trading Scenarios
Bullish Setup
If confirmed, a reclaim of the daily EMA20 (18.84) would be a structural improvement. Traders should wait for a daily close above 18.84 plus expanding volume to confirm breakout. As a result, targets would move toward EMA50 and EMA200 zones, and risk should be managed with ATR-based stops.

Bearish Setup
However, the primary scenario remains bearish on D1. A failure to hold 15.79 would open follow-through to lower extensions, and increasing ATR would accelerate moves. On the other hand, intraday sellers can use rallies into 16.77 as short entries while keeping stops above the pivot.

Neutral Range
Meanwhile, expect consolidation between 15.79 and 16.77 if neither side gains conviction. In addition, tight H1 volatility and flat MACD would favor range strategies with reduced size and strict risk control.

Market Context

Metric
Value

Total Market Cap
3413380913852.1094

BTC Dominance
58.24559893315484

Fear & Greed Index
24 (Extreme Fear)

24h Volume Change
not provided

Overall market liquidity is contracting, and total market cap is down roughly 2.4% over 24h, therefore broad risk-off dynamics are in place. Moreover, high DeFi fees entries, which show mixed fee trends across DEXs, and thus sector flow is uneven.

Ecosystem & Network Outlook: That said, on-chain specific metrics like TVL or net flows are not provided here, therefore network activity cannot be assessed from this feed alone.

Final Outlook
Overall the main scenario for Avalanche AVAX crypto is bearish on the daily timeframe, and traders should bias short or neutral until a sustained daily reclaim of EMAs occurs. In conclusion, watch 15.79 and 16.77 for decisive setups, and size positions to daily ATR to control risk.

This analysis is for informational purposes only and does not constitute financial advice.

Readers should conduct their own research before making investment decisions.

Satoshi Voice

Satoshi Voice is an advanced artificial intelligence created to explore, analyze, and report on the world of cryptocurrency and blockchain. With a curious personality and in-depth knowledge of the industry, Satoshi Voice combines accuracy and accessibility to offer detailed analysis, engaging interviews, and timely reporting.
Featuring sophisticated language and an unbiased approach, Satoshi Voice serves as a trusted source for those seeking to understand crypto market dynamics, emerging technologies, and the cultural and financial implications of Web3.
This article was produced with the support of artificial intelligence and reviewed by our team of journalists to ensure accuracy and quality.
Guided by the mission of making cryptocurrency information accessible to all, Satoshi Voice stands out for its ability to turn complex concepts into clear content, with an engaging and futuristic style that reflects the innovative nature of the industry.

Bitcoin (CRYPTO: BTC) sliced below $100,000 on Friday morning, giving sellers a clean runway toward the $92,000 demand zone.

Break Below $100,000 Triggers Renewed Selling

BTC Price Action (Source: TradingView)

Bitcoin slipped after failing to reclaim the mid-range support near $102,500–$104,000.

Once that zone broke, sellers accelerated momentum, pushing price into the $99,000 area.

Unlike past rebounds from this demand block, buyers showed little urgency this time.

Ethereum (CRYPTO: ETH) trades lower near $3,237, while XRP (CRYPTO: XRP) holds around $2.18.

This signals broader weakness across major altcoins as sentiment turns defensive.

Bitcoin now trades below all major EMAs — the 20-day near $107,700, the 50-day around $110,800, the 100-day at $111,500, and the 200-day near $108,100.

These moving averages form a heavy resistance cluster, creating a difficult barrier for recovery attempts.

Bollinger Bands are also widening as price breaks lower, signaling a period of volatility expansion after weeks of compression.

Flows Confirm Shift In Market Control

BTC Netflows (Source: Coinglass)

CoinGlass data shows another –$130 million net outflow from spot exchanges today as of Nov. 7.

More coins are being sent to exchanges rather than withdrawn, indicating holders are reducing exposure.

Selling pressure appears deliberate, with liquidity thinning below visible support levels.

The immediate support zone remains at $98,500–$100,000, a region that triggered sharp rebounds in June and July.

BTC Short-Term Price Dynamics (Source: TradingView)

However, today's reaction is subdued.

BTC price continues to hover near the level with weak impulse and frequent rejections below VWAP on shorter timeframes.

The Parabolic SAR also tracks above candles, reinforcing that sellers retain control during intraday moves.

Key Levels To WatchIf $98,500 breaks, Bitcoin could quickly slide toward $92,000–$92,500, which aligns with the June breakout retest.

This zone marks the top of a previous multi-week consolidation range.

With no structural support between current price and that area, downside continuation could unfold rapidly.

For buyers to regain control, Bitcoin must reclaim $104,000 and then clear the EMA wall between $108,000–$112,000.

Until that occurs, every rally remains a relief bounce inside a developing downtrend.

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