Market Signal Briefing

TLDR:

Tether invests in Kotani Pay to enable seamless crypto and cross-border payments across Africa.
Sub-Saharan on-chain crypto transactions reached $205B, rising 52% from July 2024 to June 2025.
Kotani Pay bridges African users to global financial networks using blockchain technology.
Tether and Kotani Pay aim to reduce transaction costs and improve access to digital assets.

Tether is expanding its reach in Africa through a strategic investment in Kotani Pay. The move targets improving access to digital assets and cross-border payments. It aims to reduce transaction friction for both individuals and businesses. 

The investment comes as crypto adoption grows across Sub-Saharan Africa. Tether’s CEO Paolo Ardoino said the partnership seeks to empower users with blockchain-based financial tools.

Kotani Pay provides on-ramp and off-ramp infrastructure for Web3 users, connecting them to local payment channels. Its network addresses challenges faced by businesses, such as high costs, slow settlements, and limited access to global markets. 

According to Tether, this investment will help individuals and SMEs directly access global financial networks. The goal is to offer practical, efficient, and secure solutions powered by blockchain.

Felix Macharia, CEO of Kotani Pay, said the investment positions the company to expand its reach. He emphasized connecting millions of Africans to the on-chain economy. This approach supports businesses in managing international operations while reducing reliance on traditional banking systems. 

Kotani Pay’s solutions are tailored to local market conditions, making digital asset use more practical for everyday transactions.

The move aligns with Tether’s broader mission to promote financial inclusion through blockchain technology. By providing access to digital assets, the companies aim to create a stable and efficient payment ecosystem across Africa. 

The partnership emphasizes utility-driven adoption, moving beyond speculation to address real financial needs.

Driving Cross-Border Payments and Financial Inclusion
Sub-Saharan Africa’s crypto economy remains the smallest globally, but usage patterns show a steady rise in adoption. On-chain transaction volumes reached $205 billion from July 2024 to June 2025, reflecting retail use and remittances. 

Key markets driving growth include Nigeria, Kenya, South Africa, and Ethiopia. High inflation and limited banking infrastructure fuel demand for alternative financial solutions.

Tether’s investment intends to make cross-border payments seamless, enabling businesses and individuals previously excluded from global finance to participate fully. Blockchain tools can reduce operational friction and provide secure, faster transaction options. 

The partnership highlights how tech-driven solutions can address long-standing inefficiencies in emerging markets. Both companies are committed to advancing financial transparency and inclusion in Africa.

This strategic investment signals Tether’s continued push to broaden crypto adoption worldwide. By leveraging Kotani Pay’s regional knowledge, the partnership aims to build a resilient digital economy for African users. 

Blockchain-based financial tools will support enterprises, individuals, and communities in accessing global liquidity more efficiently. The collaboration reflects growing confidence in crypto’s practical use across emerging markets.

In brief
Last year, $10 million was sent to a pre-sale wallet for the hotly anticipated Solana meme coin Slerf. The dev accidentally burned it all.
Now, 19 months later, the Slerf dev has finally refunded every pre-sale participant in Solana tokens.
The milestone was reached as the meme coin migrated to a new token contract to increase its total supply.
A meme coin dev accidentally burned $10 million of investor money last year with a single misclick, announcing the mistake on X with a message that’s become part of crypto degen lore: “Oh fuck.” 

“There is nothing I can do to fix this,” the pseudonymous dev posted at the time. “I’m so fucking sorry.”

Now, 19 months later, the dev behind Slerf has finally been able to do something to fix it, refunding everyone who participated in the infamous token pre-sale.

In most other industries, setting millions of dollars of investor money on fire would result in strenuous lawsuits, jobs lost, and countless tears. But in crypto, it was turned into a marketing stunt that rallied community support and sent the Slerf token soaring to a $740 million market cap, per DEX Screener.

“It’s been a roller coaster, to say the least,” the Slerf dev, who goes by Grumpy, told Decrypt. “When the burn happened, I honestly had almost no hope of ever recovering the $10 million owed to presalers. It felt like an impossible situation. What kept me going was the community’s response.”

As Slerf migrated its contract to increase its total supply, the meme coin’s X account yesterday announced that it was finally able to finish sending in-kind refunds to everyone who participated in the token pre-sale. The meme coin dev sent a total of 53,359.62 SOL, or $10.3 million, to 25,444 wallets. The funds were collected through a combination of donations and revenue derived from trading fees. The refunds were then slowly rolled out to investors since the burn, with some not realizing they’d even been refunded.

“The refund process ended up taking more than a year, simply because we had to rebuild from nothing,” Grumpy said. “Every bit of donations, revenue, or support we received was directed straight toward making presalers whole again. It’s been 1.8 years of persistence, transparency, and commitment, and I couldn’t be more proud of what the community achieved together.”

Many Slerf pre-sale participants took to X to celebrate their refunds. One posted that Slerf is “the only memecoin that actually kept its promise.” The coin today stands at a market cap of just under $30 million, well below its peak.

It's just for tradition this time. Funds are SAFU.

— Slerf (@Slerfsol) October 21, 2025

The Slerf meme: How’d we get here?Slerf was a hyped Solana meme coin that attracted $10 million in Solana for its pre-sale—a method used to raise money for tokens before launchpads like Pump.fun gained popularity. Grumpy burned all of these funds, accidentally sending the tokens to an irretrievable address, in what he calls “the biggest mistake of my life.” 

As would be expected after losing $10 million of other people’s money, Grumpy told Decrypt that many people were understandably angry. But, ultimately, frustrations appeared to ease as he took accountability for what had happened.

“I went straight to Twitter Spaces to explain what happened and took full accountability for the mistake,” Grumpy told Decrypt. “It wasn’t easy, but being transparent seemed to resonate with people. Over time, that honesty turned what started as outrage into something incredible: a sense of unity and shared purpose. I think that’s what really defined Slerf and its community.”

Slerf has since become deeply embedded in meme coin lore, with traders turning the initial “oh fuck” post into a meme itself and using it as copy-pasta in the degen trenches. Thankfully for them, the story now has a happy ending—at least for those who lost funds in the pre-sale.

“I told you we would complete the 10m in Slerf refunds,” Grumpy posted on X. “Now I am telling you Slerf will be an S-tier memecoin.”

With a $28.1 million market cap under its new contract address, according to DEX Screener, the meme coin has a long way to go yet to reclaim the hype it once had.

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Kadena (KDA) price has recorded its worst single-day loss since inception. The small-cap altcoin dropped over 61% during the past 24 hours to trade at about $0.79 on Tuesday, during the mid North American session. 

According to market data analysis from TradingView, the KDA/USD pair slipped below its October 11 and the 2021 lows as traders rushed to exit the token. 

Why is Kadena Price Capitulating Today?The main reason why the KDA price capitulated today was largely due to the announcement that the Kadena Organization is winding down its operations. The Kadena Organization announced that it is no longer able to continue business operations and will be leaving the Kadena Blockchain with the community.

“For operational continuity, we will shortly provide a new binary that ensures uninterrupted operation without our involvement, and will be encouraging all node operators to upgrade as soon as possible,” the announcement noted.

Expected Impact on the KDA TokenomicsThe KDA tokens have a maximum supply of 1 billion and a circulating supply of 335 million. Following the announcement, around 83.7 million, which was locked out until November 2029. 

As a proof-of-work secured token, around 566 million KDA will be distributed to miners until the year 2139. The Kadena Organization announced that it will engage with the Kadena community on how to maintain the chain’s governance.

At the time of this writing, Kadena had a fully diluted valuation of about $96 million and a daily average traded volume of around $84 million. At its height, KDA had a market of about $3.2 billion during the 2021 crypto bull market.

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

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TLDR

SharpLink has acquired 19,271 additional ETH at an average price of $3,892 per token.
The company’s total Ethereum holdings have grown to 859,853 ETH, worth approximately $3.5 billion.
SharpLink completed a $76.5 million capital raise to fund its latest ETH acquisition.
The company has earned 5,671 ETH through staking since launching its Ethereum treasury strategy in June.
SharpLink ranks as the second-largest Ethereum treasury holder after Bitmine Immersion Technologies.

SharpLink has purchased 19,271 additional ETH, expanding its Ethereum treasury to 859,853 ETH. The company acquired this new batch at an average price of $3,892 per token. The latest acquisition follows a $76.5 million capital raise completed last Friday.

SharpLink Expands Ethereum Treasury Holdings
SharpLink announced the ETH purchase in a press release issued on Tuesday. With the latest buy, its Ethereum treasury now exceeds $3.5 billion in value. The company continues to grow its ETH holdings amid market fluctuations.

SharpLink first launched its Ethereum treasury strategy in June. It started with an initial PIPE investment of $425 million. Since then, it has expanded steadily through regular ETH acquisitions.

The company’s treasury strategy involves converting capital into yield-bearing Ethereum assets. SharpLink stakes ETH to earn passive income through validator rewards. It has now earned 5,671 ETH in staking returns since June.

ETH Rewards and Strategic Growth
The 5,671 ETH earned from staking are currently worth around $23.25 million at market prices near $4,100 per token. SharpLink has effectively turned its treasury into a yield-generating asset by participating in Ethereum’s proof-of-stake network. The strategy has helped increase returns while securing the Ethereum blockchain.

“Staking lets us generate consistent yield on our holdings,” a SharpLink representative noted in the announcement. By staking ETH, the firm actively validates transactions on Ethereum and receives rewards. These rewards further compound the firm’s long-term ETH position.

The company’s accumulation of ETH aligns with its long-term digital asset strategy. SharpLink now ranks as the second-largest ETH treasury company globally. It remains focused on expanding its position in Ethereum-based assets.

Market Context and Competitor Comparison
SharpLink’s treasury expansion comes amid increased activity from other Ethereum-focused firms. Bitmine Immersion Technologies, the current leader, owns 3.24 million ETH valued over $13 billion. Bitmine now controls 2.74% of Ethereum’s total supply.

Ether Machine ranks third, holding 496,710 ETH in its treasury. It operates as a yield-focused Ethereum fund for institutions. SharpLink follows both but continues to scale aggressively.

According to Strategicethreserve.xyz, 69 treasury firms hold a total of 5.74 million ETH. SharpLink remains committed to Ethereum as a strategic reserve asset. Its market position continues to strengthen with each acquisition.

TLDR:

Table of Contents

TLDR:SharpLink’s ETH Accumulation StrategyFinancial Position and Market ImplicationsGet 3 Free Stock Ebooks

SharpLink raised $76.5M at a 12% premium to market, boosting cash reserves to $36.4M.
The company acquired 19,271 ETH at an average price of $3,892 per token this week.
Total ETH holdings now reach 859,853, combining native ETH and as-if redeemed LsETH.
ETH Concentration doubled to 4.0 since June, highlighting steady accumulation strategy.

SharpLink Gaming is accelerating its ETH accumulation strategy with a new purchase that pushes its total holdings to 859,853 ETH. 

The company has raised $76.5 million in capital this week and used part of it to acquire 19,271 ETH at an average price of $3,892. SharpLink’s approach blends cash reserves, staking rewards, and disciplined execution to strengthen its balance sheet. 

Investors are watching closely as the company increases its ETH Concentration metric, now at 4.0. This reflects an ongoing focus on execution that has doubled ETH per share since June.

The news was shared via a tweet by SharpLink, which highlighted the acquisition and the capital raise. According to the post, total staking rewards since the June 2 treasury strategy launch have reached 5,671 ETH. Cash on hand stands at $36.4 million, supporting further strategic purchases. 

The company’s approach separates native ETH holdings from as-if redeemed LsETH to give a clearer picture of its treasury performance.

SharpLink’s ETH Accumulation Strategy
SharpLink’s acquisition of 19,271 ETH follows a carefully timed capital raise. 

The $76.5 million raised came at a 12% premium to the market, creating an immediate opportunity to buy ETH at lower prices. Co-CEO Joseph Chalom stated that the strategy was designed to be accretive for shareholders. 

The combination of capital deployment and opportunistic purchases illustrates precision in their treasury management.

Since the treasury strategy began in June, SharpLink has tracked ETH Concentration, which now stands at 4.0. This metric calculates ETH per 1,000 assumed diluted shares, combining both native ETH and as-if redeemed LsETH. 

The increase indicates disciplined accumulation and provides transparency into yield performance. Staking rewards this week added 459 ETH, contributing to total returns of 5,671 ETH since the strategy started.

NEW: SharpLink acquired 19,271 ETH at an average price of $3,892, bringing total holdings to 859,853 ETH valued at $3.5B as of October 19, 2025.

Key highlights for the week ending October 19, 2025:

– Raised $76.5M at a 12% premium to market
– Added 19,271 ETH at $3,892 avg.… pic.twitter.com/Y4Ewu4EiuF

— SharpLink (SBET) (@SharpLinkGaming) October 21, 2025

Financial Position and Market Implications
With $36.4 million in cash, SharpLink maintains flexibility for future ETH acquisitions. The company also issued 4.5 million shares for the capital raise. ETH purchases were made at a lower price than the capital raise, adding immediate value for shareholders. 

Analysts and investors are watching the balance sheet closely, as SharpLink’s strategy blends cash management, staking, and market timing to grow its crypto assets efficiently.

The company now holds 601,143 native ETH and 258,710 as-if redeemed LsETH, reflecting a combined valuation of roughly $3.5 billion at current prices. 

Weekly updates, including staking rewards and capital deployment, continue to provide transparency into SharpLink’s execution. By doubling ETH Concentration since June, the firm has strengthened its treasury and shareholder value metrics.

TLDR

Table of Contents

TLDRFetch.ai CEO Accuses Ocean Protocol of MisuseOcean Protocol Converted Tokens Before ASI AllianceBinance Ends Support While Legal Pressure MountsGet 3 Free Stock Ebooks

Fetch.ai CEO Humayun Sheikh announced a $250,000 bounty for information on OceanDAO multisig wallet signers.
Sheikh accused Ocean Protocol of converting and transferring 286 million FET tokens without proper disclosure.
The alleged token transfers were linked to the 2024 merger forming the Artificial Superintelligence Alliance.
Onchain data indicated that Ocean Protocol moved tokens worth about $120 million to major exchanges.
Ocean Protocol denied all allegations and stated that a formal response would be released soon.

A fresh controversy erupted as Fetch.ai CEO Humayun Sheikh offered a $250,000 bounty. He seeks details about signatories of OceanDAO’s multisignature wallet. The wallet is allegedly tied to Ocean Protocol’s leadership.

Fetch.ai CEO Accuses Ocean Protocol of Misuse
Humayun Sheikh claimed Ocean Protocol transferred 286 million FET tokens without approval. He linked the transfers to wallets associated with the Ocean team. These transfers allegedly occurred before the ASI merger in 2024.

He stated Ocean Protocol converted millions of its tokens into FET before the alliance. Then, the tokens were reportedly sent to centralized exchanges without any disclosures. Sheikh asserted this was done using funds meant for the alliance.

In a recent X post, he announced a $250,000 bounty for information on OceanDAO’s multisig signers. The aim is to establish their connection with the Ocean Protocol Foundation. His post intensified scrutiny of Ocean Protocol’s pre-merger token activities.

Ocean Protocol Converted Tokens Before ASI Alliance
According to Bubblemaps, onchain data shows Ocean Protocol converted 661 million OCEAN into 286 million FET. These conversions reportedly happened before the ASI alliance took effect. The alliance included Ocean Protocol, Fetch.ai, and SingularityNet.

Ocean Protocol allegedly claimed the tokens were for community incentives and data farming. However, blockchain records show 270 million FET tokens were sent to exchanges. Specifically, 160 million went to Binance and 109 million to GSR Markets.

Ocean Protocol has denied the allegations made by Sheikh. The protocol announced it would issue a formal response. Still, the wallet activity has drawn growing attention from analysts and the crypto community.

Binance Ends Support While Legal Pressure Mounts
Following the claims, Binance ended deposit support for OCEAN tokens. Though it did not link the move to the dispute, the timing raised questions. The decision came after Sheikh called for investigations from Binance, GSR, and ExaGroup.

He also pledged to fund class-action lawsuits across three or more jurisdictions. The legal strategy aims to hold Ocean Protocol accountable. Sheikh’s efforts have significantly heightened the tension between the teams.

Ocean Protocol withdrew from the ASI alliance on October 9. However, the protocol did not address any of the token transfer claims. It continues to reject what it described as “various unfounded claims.”

Brale, a platform that lets businesses create their own stablecoins, is now live on the XRP Ledger. Companies can now issue stablecoins and make payments in Ripple USD easily and safely.

This move bridges traditional finance and digital assets in a simple, clear, and regulated way.

Brale Launches Regulated Stablecoin SupportBrale officially launched support for regulated stablecoins on the XRP Ledger (XRPL), allowing businesses to issue, settle, and manage digital assets seamlessly through a single API.

Whether backed by U.S. dollars or other supported currencies, these digital assets can be created and transferred seamlessly on XRPL, supporting use cases such as treasury management, payment settlement, and custody solutions.

We're thrilled to share that regulated stablecoins are now live on the XRP Ledger.

Brale supports issuing & managing stablecoins directly on XRPL, bringing compliant, programmable digital dollars to one of the most proven payment networks in crypto. @RippleXDev pic.twitter.com/vWBlueMtpa

— brale (@brale_xyz) October 21, 2025 This integration makes it easier for fintechs, corporates, and payment providers to bring their existing financial operations on-chain without sacrificing compliance.

Why XRP Ledger is the Perfect Fit?The XRP Ledger has long been known for its speed, low fees, and reliability. It has processed secure payments for over a decade and is optimized for tokenized assets and real-time settlements. 

Its built-in compliance features, such as trust line authorization, freeze controls, and credentialing, allow regulated institutions to operate safely at scale while keeping full control.

The Role of Ripple’s RLUSDBrale’s integration also supports Ripple’s USD-backed stablecoin, RLUSD, which is fully redeemable 1:1 for the U.S. dollar. Since its debut in late 2024, RLUSD has grown to nearly $900 million in circulation, driven by strong adoption across DeFi platforms and Ripple’s payment network.

With Brale’s API, businesses can now even settle in RLUSD across both the XRP Ledger and Ethereum, ensuring faster, compliant global transfers.

SBI Holdings Invests $200M to Boost XRPOn top of it, Japan’s banking giant SBI Holdings announces a $200 million XRP treasury investment to boost XRP adoption. The investment is part of Evernorth, a fund planning to raise over $1 billion to buy XRP and build one of the largest public XRP treasuries.

🚨 Japan’s largest bank just confirmed what we’ve all been waiting for.

SBI has officially released their Evernorth $XRP investment statement.

Just the tip of the iceberg.

Wait until $XRP hits the Wall Street, ETFs, European, Asian and African Central Banks and much much more. https://t.co/IKd84O3PU5 pic.twitter.com/korQlM58Tx

— Stellar Rippler🚀 (@StellarNews007) October 21, 2025 This treasury won’t just hold XRP, it will also use it in lending and DeFi to increase its value. 

SBI is working with Ripple and other partners, highlighting strong institutional support for XRP.

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

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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The leadership of Fetch AI has accused Ocean Protocol of foul play following the large conversions of OCEAN tokens to FET and the subsequent transfer of those tokens to Binance and other OTC providers, which in turn caused the price of FET to crash significantly.

Journalist

Posted: October 22, 2025

Key Takeaways
Why is the EF in the news?
The Ethereum Foundation moved 160,000 ETH between internal wallets, marking its first major on-chain activity in months.

Was there a sale?
No ETH was sent to exchanges, and analysts view the move as non-market activity linked to internal operations.

The Ethereum Foundation [EF] has transferred 160,000 ETH, worth roughly $654 million, between its internal wallets, according to on-chain data from Lookonchain.

The large movement, first flagged by Lookonchain, is one of the Foundation’s biggest single transfers of 2025. 

It originated from an address and was sent to a Gnosis Safe-controlled EF wallet. This suggests the activity was an internal treasury reorganization rather than an exchange deposit.

A routine shuffle or market signal?
While Ethereum Foundation transactions often spark community speculation, no ETH from this transfer appears to have been sent to centralized exchanges. 

In the past, Foundation-related moves have preceded sales. The sales also drew criticisms from observers, bringing each move from the Foundation under more scrutiny.

However, Arkham’s latest data shows all 160,000 ETH remain within EF-controlled wallets. Analysts interpret this as a custodial or multi-signature update, possibly linked to security or treasury management improvements.

Ethereum price rebounds above $4,000
Despite the massive transfer, market reaction has been calm. Ethereum’s price rose 2.82% in the past 12 hours, reclaiming the $4,000 level after briefly dipping below $3,600 earlier this week.

Source: TradingView

The Awesome Oscillator (AO) shows a shift toward bullish momentum, with green bars emerging after a prolonged period of bearish pressure.

This suggests that traders are not viewing the transfer as a signal of potential liquidation.

Why this matters
The Ethereum Foundation remains one of the most closely watched entities in crypto due to its large holdings and historical influence on ETH’s price trends. 

Any wallet movement exceeding $100 million often triggers speculation about market timing or strategic treasury shifts.

However, the current evidence indicates a non-market transaction, with no ETH moved to exchanges and no unusual selling pressure observed in derivatives markets.

Market outlook
ETH’s technical outlook has improved slightly, with resistance near $4,200 and support holding at $3,700. If momentum persists, a breakout above $4,250 could signal a short-term continuation toward $4,500.

For now, the Ethereum Foundation’s on-chain posture remains neutral, reinforcing the perception that this latest move is part of internal operations, not a prelude to a sell-off.

The cryptocurrency markets fell sharply on Tuesday as Monday’s bounce fizzled out. Major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), have struggled to regain momentum since last Friday’s flash crash. The cheer around “Uptober” has also faded, as traders remain wary of making large bets amid heightened volatility. Analysts have noted that sentiment remains subdued, with BTC down over 2% over the past 30 days. 

BTC started the week in positive territory, crossing the $111,000 mark and trading around $111,500. However, momentum faded as price action turned bearish. As a result, BTC slipped below $110,000, falling to a low of $107,550 before moving to its current level. The flagship cryptocurrency is down over 3%, trading around $107,870. ETH has also fallen below $4,000, with the price down over 4% at $3,893. XRP is down nearly 2%, while Solana (SOL) is down almost 5% at $184. Dogecoin (DOGE) is down 4% and Cardano (ADA) is down 5% at $0.642. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have also registered substantial declines over the past 24 hours. 

BitMine, Strategy Expand Crypto Portfolios The cryptocurrency market is back in the red as crypto assets struggle to regain momentum after the October 10 flash crash. Despite the market downturn, institutional confidence in Bitcoin (BTC) and Ethereum (ETH) remains strong. Corporate giants, including Strategy and BitMine Immersion Technologies, bought the dip, expanding their crypto holdings. According to data from blockchain analytics firm Arkham Intelligence, Bitmine Immersion Technologies purchased $250 million worth of ETH. 

“Tom Lee just bought another $250 million in ETH. Three new addresses bought $250 million in ETH from Bitgo and Kraken. These accounts match Bitmine’s prior acquisition pattern.”

BitMine revealed it has accumulated 203,826 ETH, valued at over $800 million, over the past week, taking its total stash past 3.3 million ETH, worth around $13 billion. 

Meanwhile, Strategy, the largest corporate holder of BTC, also used the dip as an opportunity to buy. According to a post by Strategy executive chairman Michael Saylor, the firm purchased 168 BTC for $18.8 million at an average cost of $112,051 per coin. Strategy now holds 640,418 BTC, valued at over $69.3 billion. 

“Strategy has acquired 168 BTC for ~$18.8 million at ~$112,051 per bitcoin and has achieved BTC Yield of 26.0% YTD 2025.”

Next Crypto Bear Cycle Will Have A New Trigger Crypto analyst Willy Woo believes the next crypto bear market could be exceptionally brutal and be driven by a business cycle downturn not seen before. The analyst noted in a post on X, 

“We had two 4y cycles superimposed. Now it's only one: global M2 liquidity. Next bear IMO will be defined by another cycle, people forget about → the business cycle. The last biz cycle downturns that really took hold were 2008 and 2001, from before crypto markets were invented.”

A business cycle downturn is a period of economic contraction that sees a drop in GDP and a jump in unemployment, a decline in consumer spending, and a general slowdown in business activity. The 2001 business cycle downturn saw rising unemployment and a 50% drop in US stock prices over two years. Meanwhile, the 2008 financial crisis saw a GDP contraction, a jump in unemployment rates, and a 56% drop in the S&P 500, triggered by a subprime mortgage crisis, credit freeze, and a banking system collapse. 

US Government Shutdown Likely To End This Week According to a White House economic advisor, the US government shutdown is likely to end sometime this week. Kevin Hassett stated during an interview, 

“I think the Schumer shutdown is likely to end sometime this week. The moderate Democrats will move forward and get us an open government, at which point we could negotiate whatever policies they want to negotiate with regular order.”

Hassett added that if the shutdown does not end, the Trump administration could impose stronger measures to force the Democrats to cooperate. Hassett is President Trump’s top pick to replace Federal Reserve Chair Jerome Powell in May 2026. 

“Bitcoin Is Not Crypto” Twitter creator Jack Dorsey has reignited the debate around Bitcoin (BTC) after posting a brief message stating “Bitcoin is not crypto.” The message prompted a massive response from the community. Many argued that Satoshi Nakamoto described Bitcoin as a peer-to-peer cryptocurrency on the BitcoinTalk forum in 2010, and Dorsey highlighted the word “currency” to indicate its monetary roots. Dorsey has long been rumored to play a role in BTC’s creation. Dorsey has denied being Nakamoto several times, stating in a 2020 interview, 

“No, and if I were, would I tell you?”

Bitcoin (BTC) Price Analysis Bitcoin (BTC) slumped back into bearish territory as its recovery lost momentum after reaching an intraday high of $111,748 on Monday. The flagship cryptocurrency rebounded over the weekend, rising 0.70% on Saturday and 1.37% on Sunday to settle at $108,676. BTC started the week in positive territory despite volatility, rising nearly 2% to reclaim $110,000 and settle at $110,568. However, analysts' worries about a dead-cat bounce have come true, with BTC down almost 3% during the ongoing session, trading around $107,590. 

BTC has struggled to regain momentum after the October 10 flash crash. The crash dragged markets down from record levels, wiping around $500 billion in market capitalization. The crash heightened risk aversion as investors became wary of making large bets. The drop also wiped out optimism around “Uptober”, with BTC down over 2% on the monthly timeframe. Forex analysts stated, 

“So far this year, Uptober hasn’t gone to plan for Bitcoin bulls. Instead of seasonal strength, the price action has remained subdued with an early rally fizzling midway through the month, delivering an ugly reversal that may not be over yet.”

The analysts also highlighted that BTC was rapidly breaking down correlations with broader risk-driven markets, primarily equities. BTC has also faltered over the past two weeks, even as Wall Street indexes hit record highs recently. 

While BTC’s price action has struggled in recent sessions, a report released by Coinbase Institutional and Coinglass revealed that most investors believe the bull market will continue for the next 3-6 months. David Duong, Coinbase Institutional’s head of research, stated that he expects favorable macroeconomic, regulatory, and policy conditions to persist. Additionally, digital asset treasury companies will continue to amplify demand for BTC and other assets, and more rate cuts by the end of the year could mobilize $7 trillion in idle funds. 

However, Duong also highlighted several challenges, including the ongoing government shutdown. The shutdown has delayed key economic data and stalled the growing momentum behind crypto ETFs. Duong also cast doubt on the long-term feasibility of the digital asset treasury business model. 

BTC trader Daan Crypto Trades believes there is more volatility to come, stating, 

“Volatility is definitely high here due to the thin books post this massive market flush. Books are thin. Especially after the massive liquidation event last week. This, combined with weekend price action and a lot of emotional traders, makes for relatively volatile moves on low timeframes.”

BTC and the broader crypto market crashed last Friday (October 10), after President Trump announced 100% tariffs on Chinese goods and new export controls for software. The announcement was made in retaliation for China imposing restrictions on rare earth mineral exports. As a result, BTC plunged to $102,000 on Binance before recovering and settling at $112,980. Selling pressure persisted on Saturday as the price fell almost 2% to $110,768. Despite the overwhelming selling pressure, markets recovered on Sunday as BTC rose nearly 4% to reclaim $115,000 and settle at $115,067. The price faced selling pressure and volatility on Monday, ultimately registering a marginal increase and settling at $115,274.

Source: TradingView

Selling pressure returned on Tuesday as BTC fell to an intraday low of $109,945. It recovered from this level to reclaim $113,000 and settle at $113,068, ultimately dropping 1.91%. Sellers retained control on Wednesday as the price fell 2% to $110,804. Bearish sentiment persisted on Thursday as BTC fell below $110,000 and settled at $108,198. The price plunged to $103,516 on Friday as selling pressure intensified. However, it recovered from this level to settle at $106,463, ultimately dropping 1.60%. BTC rose on Saturday, rising 0.70% to reclaim $107,000 and settle at $107,208. Buyers retained control on Sunday as the price rose over 1% to cross $108,000 and settle at $108,676. Bullish sentiment intensified on Monday as BTC’s recovery continued. As a result, the price rose nearly 2% to reclaim $110,000 and settle at $110,568. Sentiment has turned bearish during the ongoing session, with BTC down 2.45% at $107,847. 

Ethereum (ETH) Price Analysis Ethereum (ETH) is back in the red as its weekend bounce lost momentum on Monday. The altcoin rose 1.52% on Saturday and over 2% on Sunday to end the weekend at $3,985. ETH reached an intraday high of $4,085 on Monday, but lost momentum after reaching this level as volatility and bearish sentiment took center stage. Sellers ultimately gained the upper hand as the price fell below $4,000 and settled at $3,981, registering a marginal decline. Selling pressure has intensified during the ongoing session, with ETH down almost 3% at $3,867. 

Despite ETH’s price struggles, BitMine Immersion Technologies chairman Tom Lee remains bullish. Lee confirmed BitMine went on an ETH shopping spree after the crypto market saw one of the largest deleveraging events in history earlier this month. Lee stated that the price decline was an attractive risk/reward, making the current price attractive at which to buy the asset. Lee stated, 

“Open interest for ETH sits at the same levels as seen on June 30th of this year, when ETH was $2,500. Given the expected Supercycle for Ethereum, this price dislocation represents an attractive risk/reward.”

BitMine purchased $250 million in ETH on Monday. The company holds over 3.3 million ETH tokens worth over $13 billion. BitMine aims to increase its holdings to 5% of ETH’s total supply. Lee also believes ETH could hit $10,000 this year, despite the year ending in just over two months. Lee suggested that BTC and ETH could rise the same way the US dollar rose to dominance in 1971 after President Nixon made it fully synthetic and no longer backed by gold. 

“When that happened, the immediate beneficiary was demand and a market to own gold.”

ETH plunged to an intraday low of $3,444 on Friday (October 10) after President Trump announced 100% tariffs on Chinese imports and export controls on key software. It recovered from this level to settle at $3,836, ultimately dropping over 12%. Selling pressure persisted on Saturday as the fell 2.21% to $3,752. ETH recovered on Sunday, rising nearly 11% to reclaim $4,000 and settle at $4,158. Buyers retained control on Monday as the price rose over 2% and settled at $4,224. ETH plunged to an intraday low of $3,895 on Tuesday as selling pressure intensified. However, it recovered from this level to reclaim $4,000 and settle at $4,129, ultimately dropping $4,129.

Source: TradingView

Sellers retained control on Wednesday as the price fell over 3%, slipping below $4,000 to $3,988. ETH lost momentum on Thursday despite starting the day in positive territory, falling over 2% to $3,896. Selling pressure persisted on Friday as the price fell to an intraday low of $3,680 before settling at $3,834. Despite the overwhelming selling pressure, ETH recovered on Saturday, rising 1.52% to $3,892. Buyers retained control on Sunday as the price rose over 2% and settled at $3,985. Volatility returned on Monday as buyers lost momentum after crossing $4,000. ETH ultimately registered a marginal drop and settled at $3,981. Selling pressure has intensified during the ongoing session, with the price down nearly 3% at $3,866.

Solana (SOL) Price AnalysisSolana (SOL) failed to reclaim $200 as its weekend bounce fizzled out after reaching an intraday high of $194 on Monday. The altcoin made a strong recovery on Saturday, rising over 3% after Friday’s low of $174. It faced volatility on Sunday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand as the price registered a marginal increase. SOL registered a 0.95% increase on Monday and settled at $189 after reaching an intraday high of $194. Selling pressure has returned during the ongoing session, with the price down almost 3%.

Meanwhile, Gemini has launched the Solana Edition credit card. The new card introduced an auto-staking feature that folds blockchain participation into everyday consumer spending. The exchange stated in an announcement that cardholders opting for Solana rewards can have them automatically staked on Gemini and earn a yield of up to 6.77%, while supporting transaction validation on the Solana blockchain.

SOL remains in a descending channel on the daily chart with lower highs and lows. If selling pressure persists, the price could drop below $180. However, if SOL decisively reclaims the $200 level, it could push towards $220 or higher.

SOL started the previous weekend deep in bearish territory as markets crashed. As a result, the price tanked to an intraday low of $170 before settling at $188, ultimately dropping over 14%. Sellers retained control on Saturday as the price fell almost 6% to $177. SOL made a strong recovery on Sunday, rising nearly 11% and settling at $197. The price continued pushing higher on Monday, rising almost 6% to reclaim $200 and settle at $208. Despite the positive sentiment, SOL lost momentum on Tuesday, falling to an intraday low of $191 before recovering to reclaim $200 and settling at $202. Selling pressure persisted on Wednesday as SOL fell over 4%, slipping below $200 and settling at $192. Price action remained bearish on Thursday as the altcoin fell nearly 5% to $184.

Source: TradingView

SOL plunged to an intraday low of $174 on Friday as selling pressure intensified. However, it rebounded from this level to reclaim $180 and settle at $182, ultimately dropping 1.51%. Despite the overwhelming selling pressure, SOL recovered over the weekend, rising over 3% on Saturday and registering a marginal increase on Sunday to settle at $188. Buyers retained control on Monday as the price rose 0.95% and settled at $189. SOL has lost momentum during the ongoing session, with the price down over 2%, trading around $185.

Celestia (TIA) Price AnalysisCelestia (TIA) plunged to an intraday low of $0.237 on Friday (October 10) as the cryptocurrency market crashed. It recovered from this level to reclaim $0.90 and settle at $0.926, ultimately dropping 36%. Selling pressure persisted on Saturday as the price fell 0.71% to $0.920. However, it recovered on Sunday, rising over 15% to end the day at $1.061. Buyers retained control on Monday as TIA rose 12.04% and settled at $1.189. Despite the positive sentiment, TIA lost momentum on Tuesday, dropping nearly 2% to $1.167. Selling pressure intensified on Wednesday as the price fell 7.85% and settled at $1.076. Sellers retained control on Thursday as TIA fell 4.59% to $1.026.

Source: TradingView

TIA continued declining on Friday, dropping 1.15% to $1.014. Price action was mixed over the weekend as TIA fell 0.66% on Saturday before rising 1.28% on Sunday and settling at $1.021. Buyers retained control on Monday as the price rose 1.09% and settled at $1.032. Selling pressure has returned during the ongoing session, with TIA down nearly 3% at $1.

Jupiter (JUP) Price AnalysisJupiter (JUP) plunged to an intraday low of $0.107 on Friday (October 10). It recovered from this level to settle at $0.329, ultimately dropping 23%. Despite the overwhelming selling pressure, the price recovered over the weekend, rising 2.31% on Saturday and nearly 11% on Sunday to settle at $0.372. Buyers retained control on Monday as JUP rose almost 8% and settled at $0.402. Selling pressure returned on Tuesday as the price fell by over 6% and settled at $0.376. Sellers retained control on Wednesday as JUP dropped 3.69% to $0.362.

Source: TradingView

JUP declined on Thursday, dropping nearly 5% and settling at $0.345. Price action remained bearish on Friday, falling 2.85% to $0.335. Positive sentiment returned over the weekend as JUP rose 1.93% on Saturday and almost 3% on Sunday to $0.350. Buyers retained control on Monday as the price rose 3.65% and settled at $0.363. Selling pressure has returned during the ongoing session, with JUP down almost 3%, trading around $0.353.

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.

Kadena’s operating company announced it will halt all business activities and end blockchain maintenance, citing unfavorable market conditions that sent its token tumbling 50%.

Key Takeaways

Kadena’s operating company has ceased all business and network operations, citing adverse market conditions.
The project’s native token dropped 50% following the shutdown announcement.

Kadena’s operating company announced today it will immediately halt all business operations and stop maintaining the Kadena blockchain network, causing the project’s native token to plunge 50% within hours of the news.

The company cited unfavorable market conditions as the main reason for the shutdown, retaining only a small internal team to manage the transition process. The decision brings an abrupt end to Kadena’s network maintenance and active development, leaving users and token holders without technical support or future updates.

The wind-down effectively marks the conclusion of Kadena’s blockchain operations, as third-party developers and service providers begin pivoting away from the network toward alternative ecosystems.

Disclaimer

ChatGPT's BTC Analysis has detailed a +6.7% recovery to $112,259, resistance at $113,890–$114,000, and rotation from gold amid institutional moves by SpaceX and BlackRock. EMA support at $108,108, RSI divergence, and volume trends have mapped scenarios toward $118K–$128K or a $108K–$110K retest.

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

Solana’s price action is not the only reason the leading network is in the spotlight in the ongoing market cycle. The blockchain has been seeing robust activity lately, allowing it to gain notable traction in the financial sector. An example of its growing recognition in the financial landscape is the recent move by Exodus to tokenize its stock on the blockchain.

Exodus Chooses Solana For Stock Tokenization
As cryptocurrency gains traction, Solana is becoming an increasingly popular choice of blockchain among financial institutions. In a groundbreaking move that connects blockchain innovation with traditional finance, Exodus has declared its intention to use the Solana network to tokenize its common shares.

The bold move was reported by MartyParty, a macro analyst and host of The Office Space, in a recent post on the X platform. Exodus’s integration with the SOL network represents a significant step toward on-chain equity ownership by allowing investors to exchange and manage shares with the speed, transparency, and efficiency of decentralized technology.

According to the report, shareholders of the corporation have the option to hold their Exodus Class A shares on the blockchain using common stock tokens. Exodus is now the first publicly traded company to offer a common stock token, which currently exists on Solana and Algorand. 

This move to tokenize stock on the SOL blockchain will be enabled via the co-transfer agent Superstate issuance platform. Although they are not shares, these digital representations show a shareholder’s current ownership of shares in the books and records of the transfer agent. 

“Tokenization and, specifically, tokenized stocks on the blockchain are the future of the financial sector and capital markets. Therefore, bringing Exodus stock to large, significant blockchain communities is a priority for us,” JP Richardson, the CEO of Exodus, stated.

Bridging To The SOL Blockchain Skyrockets
Solana continues to demonstrate its dominance in the blockchain sector as large capital flows into the network. As revealed in a recent report from SolanaFloor, bridging activity to SOL is skyrocketing, reflecting the network’s growing appeal among investors and developers.

Data shows that more than $135 million has been bridged from other major chains to Solana over the past 7 days. Interestingly, the largest portion of the capital inflows was observed coming from Ethereum and BNB Chain.

The capital rotation to SOL is likely due to its lightning-fast throughput, low transaction costs, and a thriving DeFi ecosystem. Furthermore, it points to a larger shift in on-chain liquidity dynamics and highlights SOL’s growing position as a high-performance center in the multi-chain economy.

With substantial capital flowing into SOL, the network’s Total Value Locked (TVL) has now risen sharply to a 40-month high. A significant rise in TVL reflects a renewed wave of liquidity, which signals strong confidence among investors and growing on-chain activity.

SOL trading at $184 on the 1D chart | Source: SOLUSDT on Tradingview.com
Featured image from Adobe Stock, chart from Tradingview.com

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Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.

The Dogecoin price may be preparing for a powerful breakout after a long period of sideways trading and consolidation. A recent market outlook suggests that DOGE is forming a bullish structure that could lead to a strong upward move. However, analysts warn that the best buying opportunities remain limited to specific lower price levels before the next major rally begins.

Chart Pattern Signals Dogecoin Price Breakout Toward $0.5
Market analyst Elite Crypto noted in a recent post on X social media that the Dogecoin price appears to be forming a major breakout pattern, signaling a potential upward move ahead. The analyst’s chart shows a textbook Cup and Handle pattern, a formation that is typically associated with long-term bullish reversals.  

Dogecoin’s chart setup indicates that the meme coin has completed the “Cup” phase, where prices gradually curved upwards after a long period of accumulation. Now, price action is in the “handle” stage, which, upon completion, usually precedes a breakout to higher levels. 

Source: Chart from Elite Crypto on X
In Elite Crypto’s chart, the cup’s base extends from early 2022 through 2024, with Dogecoin consolidating steadily before beginning a rebound into 2025. The market analyst has indicated that if history repeats, the DOGE price could experience a strong rally toward the $0.50 mark, a potential gain of over 160% from its current levels around $0.19.  

The chart also illustrates a crucial accumulation zone highlighted in green, where the price has been coiling. According to Elite Crypto, this range represents an ideal accumulation area before a larger move unfolds. He emphasized that any price action below the $0.155 level should be considered a solid buying opportunity for spot investors. 

Reversal Structure Confirms New DOGE Buying Zone
In a separate X analysis, crypto market expert Vexe also pointed out a key buying zone for the Dogecoin price. He highlighted that DOGE has cleared all downside liquidity and is not holding firmly above its weekly support range. 

The analyst’s chart shows that the Dogecoin price action recently rebounded from a key demand area after testing lower levels. The price has stabilized near $0.20, suggesting that sellers may be exhausted, and a potential reversal is taking shape. The green shaded area on the chart highlights the reversal zone, which Vexe calls an ideal buying zone. 

His chart also features a descending trendline connecting multiple swing highs from the previous cycle. Dogecoin has already tested the resistance line and shows early signs of breaking out. Above the resistance line, Vexe projects a price target of $0.49, representing a potential upside of roughly 327.67% from the lower support zone. 

Notably, this $0.49 target would also reflect a 157% increase from DOGE’s price of $0.19. According to CoinMarketCap’s data, the meme coin is currently down by approximately 4% in just one day and 28% over the past month.

Maple and Aave have entered a strategic partnership aimed at connecting institutional capital with decentralized finance (DeFi), marking a major step toward integrating traditional finance with onchain liquidity.

The cap on individual transactions aims to improve block efficiency, reduce DoS risks and lay the groundwork for parallel execution in future upgrades like Glamsterdam.

Bitcoin is now more than just something people trade or hold as a store of value; it’s starting to pay interest.

But there’s a catch: the coins earning those rewards can’t move for months or years. A growing number of holders are locking their BTC into time-based contracts that promise yield but also freeze supply.

However, on the plus side, this tightens the market’s breathing room and opens a pathway to future supply squeeze-enabled price pumps.

Timelocked and staked Bitcoin are creating a duration structure in the UTXO set that affects free float, execution costs, and fee reflexes.

The change is most visible in Babylon’s self-custodial model, which uses Bitcoin script timelocks to let holders stake without wrapping coins, and in the broader rise of locktime use on L1.

Per Babylon, about 56,900 BTC are currently staked. According to Babylon’s staking script documentation, the design relies on CLTV and CSV primitives to enforce time, so the duration sits natively at the UTXO level rather than in a bridge or synthetic claim.

The macro backdrop for supply tightness is already in place.The long-term holder supply is near 14.4 million BTC, and the illiquid supply is near 14.3 million BTC. Those are behavioral cohorts, not hard locks. Yet, they frame how much additional duration from timelocks can influence the marginal coin available to meet new demand or to sell into drawdowns.

An effective free-float proxy subtracts Babylon-staked coins and a discounted slice of other time-encumbered outputs from circulating supply to make that link concrete. The discount recognizes that some timelocks expire soon and some scripts permit partial spend paths.

The result is a free-float that changes with live staking and locktime usage rather than with price alone.

Governance and policy choices are shortening the operational window for stakers while raising the cost of protection. The unbonding delay for new stakes was cut from 1,008 to about 301 blocks, roughly 50 hours at target block time.

The same change raised the preset fee on pre-signed slashing transactions to 150,000 sats, which, at a typical 355-vB transaction size, equates to about 422 sat per vB.

That parameter aims to guarantee inclusion against censorship over a run of blocks and becomes a live stress dial when the fee tape heats up. In quiet conditions, preset slashing fees clear without delay, and staking UX is stable.

When median fee levels sit in the 50 to 200 sat per vB range, the preset still clears, but child-pays-for-parent packages for non-slashing operations become more expensive.

If median levels approach the slashing preset, slashing latency risk rises unless the governance minimum moves or policy changes improve the ability to relay and mine packages.

According to Bitcoin Optech, version-3 transaction relay, also called TRUC, and package relay are advancing in the policy track and are designed to make ancestor and child packages safer and more predictable, which matters when many users need to free encumbered coins at once.

Fee observations today do not fully reveal that structural pressure.The market has printed median fees near 1 sat per vB, which points to slack blockspace. At the same time, mainnet.observer now breaks out height-based and time-based timelocks and displays fee-rate distributions, giving a way to track whether the share of encumbered UTXOs rises while typical fee buckets stay low.

If the timelocked share grows, the marginal user who needs to move fast relies more on ancestor packages and CPFP mechanics, so peaks in fee pressure can become sharper even if baseline demand looks unchanged.

This is a mechanical channel rather than a sentiment call, and it ties duration directly to the shape of fee spikes.

The size of the duration effect can be sketched with simple ranges. Using a circulating supply near the 19.7 to 19.8 million BTC band, subtracting Babylon’s live staked count and a conservative slice of other time-encumbered outputs yields the following directional cases:

CaseBabylon staked BTCλ-adjusted time-locked BTCEstimated free-float reduction (BTC)Share of supply (approx.)Base57,00010,00067,000~0.34%Growth100,00010,000110,000~0.56%Stretch200,00020,000220,000~1.11%For each additional 50,000 BTC that moves into hard timelocks or into Babylon staking, free float falls by about 0.25 percent of supply.

That is the part of the book that can be hit in a single session, so even modest changes in durational share can alter depth near the top of book.

Illiquid and long-term holder cohorts are still useful for color, yet the free-float arithmetic above purposely counts only explicit script constraints and Babylon staking to avoid double-counting behavioral wallets that also happen to be locked by time.

The settlement stack is adding new consumers of duration.Citrea positions a zk-rollup that settles on Bitcoin and sets its own finality window to favor predictable time horizons for collateral and settlement. Per the project’s blog, it is moving toward the mainnet.

Stacks’ sBTC deposits are live, establishing a path for BTC-anchored collateral that interacts with L1 over time windows rather than instant redemptions. These designs lean on timelocks to manage peg safety and settlement guarantees, which means L1 duration demand can grow even if spot trading activity is flat.

A steady risk-free rate near 4 percent on the U.S. 10-year, visible on standard rate dashboards and referenced in Citrea’s update, gives a financial context for why a native yield narrative can keep a bid under duration even when price volatility is low.

Policy timing matters. Bitcoin Core v30 just launched with active debate on mempool defaults and relay rules.

Bitcoin Core v30 shipped with package relay improvements and policy defaults, especially for OP_RETURN, which are now notably permissive unless an operator chooses to revert to stricter settings. This improves the system’s ability to move safety-critical packages during congestion, reducing the tail risk that slashing transactions face when the fee tape prints near the preset.

If defaults had come in tighter, more of the load would have shifted to fee levels and governance parameters such as Babylon’s minimum slashing fee. Either way, the fee and staking policies are now coupled through the mempool.

Two practical notes should anchor near-term monitoring.First, Babylon’s unbonding change applies to new stakes, while older guides may still reference the prior 1,008-block delay, so data slices should be clear about cohort timing.

Second, fee distribution snapshots from mainnet.observer, including the share of sub-1 sat per vB transactions, can be paired with Babylon’s live staked count to watch whether duration grows during quiet blocks.

A sustained push in the staked total toward 100,000 BTC would warrant a refresh of the free-float scenarios, and a shift in fee buckets toward higher medians would put Babylon’s preset slashing fee back in view.

The picture that emerges is a market where a measurable slice of coins now carries a maturity date set by script or by staking terms, and where peak fee behavior is shaped by how many of those coins need to move at once.

The shape of that curve now rests on Babylon’s stake count, live fee regimes, and Bitcoin Core’s final policy decisions.

Mentioned in this article

Evernorth launches publicly via SPAC deal, raising over $1 billion to build the "world's largest institutional XRP treasury."

Evernorth Holdings Inc., a newly formed Nevada corporation that aims to enable institutional adoption of Ripple (XRP), has officially launched and entered a business combination agreement with Armada Acquisition Corp II, a publicly traded special purpose acquisition company (SPAC).

The company said it will combine public market access with an active treasury model to offer a unique bridge for institutional investors seeking regulated, scalable exposure to the crypto asset.

Once the transaction closes, the combined company will operate under the Evernorth name and is expected to trade on Nasdaq under the ticker symbol “XRPN,” pending standard listing requirements.

Evernorth’s XRP Treasury Vehicle
According to the press release shared with CryptoPotato, the deal is projected to raise over $1 billion in gross proceeds. This includes $200 million from SBI and additional investments from Ripple Labs and Rippleworks, which is a charitable foundation supporting social impact ventures. Other prominent digital asset and fintech investors include Pantera Capital, Kraken, and GSR. Ripple co-founder Chris Larsen will also be participating.

Net proceeds will mainly be used to purchase XRP in the open market to establish a large institutional treasury for the crypto asset. A portion of the funds will be allocated to working capital, corporate operations, and transaction-related expenses.

Unlike a traditional passive ETF, Evernorth plans to increase XRP holdings per share over time by engaging in institutional lending, liquidity provisioning, and decentralized finance (DeFi) yield opportunities.

In a statement, Evernorth CEO Asheesh Birla said.

You may also like:

Ripple (XRP) Pauses After Chaos: Is Wave 5 Still Coming or a New Bull Trend Emerging?

Ripple Labs Reportedly Leading $1B Fundraise for XRP Treasury 

XRP Price Plunged 20% Amid Significant Whale Inflows to Binance

“Evernorth is built to provide investors more than just exposure to XRP’s price. As we capitalize on existing TradFi yield generation strategies and deploy into DeFi yield opportunities, we also contribute to the growth and maturity of that ecosystem. This approach is designed to generate returns for shareholders while supporting XRP’s utility and adoption. It’s a symbiotic model: our strategy is designed to align with the growth of the XRP ecosystem.”

Bets on XRP
Last week, London-based VivoPower International raised $19 million in fresh equity at $6.05 per share in a bid to expand its XRP treasury strategy. The funds will support debt reduction and boost the company’s long-term XRP holdings.

Earlier, VivoPower partnered with Doppler Finance on a $30 million XRP deployment, which is part of a planned $200 million allocation. Additionally, the firm has been testing Ripple’s RLUSD stablecoin for cross-border payments within its Tembo EV unit for faster settlement and lower costs.

VANCOUVER, BC – TheNewswire – October 21, 2025 - GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the “Company” or “Gold’n Futures”) announces that it will hold its annual general and special meeting of shareholders (the “AGSM”) on Tuesday, November 18, 2025 at 11:00 a.m. (Pacific Standard Time) at the offices of De Novo Group, located at 1890 – 1075 West Georgia Street, Vancouver, British Columbia.

At the AGSM, the Company intends to seek shareholder approval for a proposed share consolidation of its

issued and outstanding common shares (the “Common Shares”) on the basis of one hundred (100) pre-consolidation Common Shares for one (1) post-consolidation Common Share (the “Consolidation”). No fractional shares will be issued, and any resulting fraction will be rounded to the nearest whole number.

The Company's CUSIP and ISIN numbers will change upon completion of the Consolidation.

If the Consolidation is approved by shareholders, the effective date of the Consolidation will be announced

by news release if and when the board of directors considers it to be in the best interests of the Company to proceed with the Consolidation.

The Consolidation will also be subject to acceptance by the Canadian Securities Exchange. Notwithstanding shareholder approval, the Board of Directors reserves the right to revoke the resolutions approving the Consolidation at any time prior to implementation if deemed in the best interest of the Company.

Shareholders of record on September 19, 2025 will be entitled to vote at the AGSM.  Shareholders may access the Company’s information circular and form of proxy on SEDAR+ at www.sedarplus.ca.

.

About Gold’n Futures Mineral Corp.

Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a mineral exploration company conducting programs to expand its gold resources and to develop viable gold mining operations through the application of extensive geological experience and knowledge combined with advanced technologies and computer modeling.

On behalf of the Board of Directors

For further information

Matthew Fish

Director

Email: [email protected]  

Ph: 905-781-8786  

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information is often identified by words such as “plans,” “expects,” “intends,” “anticipates,” “believes,” “estimates,” “forecasts,” “may,” “could,” “should,” “would,” “will,” or similar expressions suggesting future outcomes or events. Such statements are subject to various risks, uncertainties, and assumptions that could cause actual results or events to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking information.

The forward-looking information contained in this release is provided as of the date hereof and represents the Company’s current expectations. The Company does not undertake any obligation to update or revise such information, except as required by applicable securities laws.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--GE Vernova Inc. (NYSE: GEV) today announced that GE Vernova will acquire the remaining fifty percent stake of Prolec GE, its unconsolidated joint venture with Xignux, further positioning GE Vernova as a global leader serving growing grid markets. The deal will accelerate GE Vernova's Electrification segment’s growth trajectory, the company's fastest-growing segment, by expanding its presence in and support for North America, where demand for grid technologies is rising rapidly. This acquisition expands GE Vernova’s capability to serve both North American and global customers, at a time in which these markets are experiencing rapid electricity demand growth, driven in part by the growth of data centers and new policies implemented to expand the deployment of critical grid and electrification equipment.

“We're excited to execute this highly attractive and strategic move to acquire full ownership of our Prolec GE joint venture from Xignux, which accelerates GE Vernova's global strength in grid technologies,” said GE Vernova CEO Scott Strazik.

Share
Prolec GE is a leading grid equipment supplier, producing transformers across most ratings and voltages with approximately 10,000 global employees across seven manufacturing sites globally, including five in the U.S. The joint venture was originally established between Xignux and General Electric (GE) in 1995, and this acquisition consolidates Prolec GE after 30 years of partnership.

“We're excited to execute this highly attractive and strategic move to acquire full ownership of our Prolec GE joint venture from Xignux, which accelerates GE Vernova's global strength in grid technologies,” said GE Vernova CEO Scott Strazik. “This acquisition aligns with our strategic and financial objectives and is also good for our customers by strengthening our presence in North America where demand for grid equipment is growing rapidly. The deal is immediately accretive before synergies, with a partner we know well, and will drive additional profitable growth for GE Vernova. I want to thank the teams at both companies and look forward to welcoming the Prolec GE team to GE Vernova."

"We have taken this decision with full conviction after years of valued partnership with GE and GE Vernova. This transaction provides the opportunity for this business and team to continue their growth under the capabilities of a global leader," said Xignux CEO Juan Ignacio Garza Herrera. "We reaffirm our commitment to México and will continue driving our other businesses in North America by investing in innovation, technology and expansion, while contributing to the development and integration of the region. I want to express my deep gratitude to all Prolec GE employees, whose talent, commitment, and dedication have been essential.”

Recent Prolec GE capacity expansion and innovation investments exceed $300 million in the U.S. and Mexico, including a recently announced $140 million investment and the creation of 330 new jobs over the next three years in Goldsboro, NC.

Under the purchase agreement, GE Vernova will pay $5.275 billion at closing, expected to be funded equally between cash and debt. The acquisition is expected to close by mid-2026, subject to the completion of customary regulatory approvals.

GE Vernova will discuss the transaction during an extended third quarter earnings conference call tomorrow at 7:30 AM Eastern Time. Materials related to the transaction have been posted on GE Vernova’s Investor Relations website at www.gevernova.com/investors/events.

Stand-alone Prolec GE Financials-a)

$B, unless otherwise stated

2025E

2026E

2028E

Revenue

3.0

3.4

4.2

Adjusted EBITDA*

0.8

0.9

1.1

Incremental impact to GE Vernova-b)

0.5

0.6

0.8

Adjusted EBITDA Margin*

~25%

~26%

~27%

Free cash flow*

0.3

0.3

0.6

Anticipated Deal Funding Structure

$B

Cash

~2.64

Debt

~2.64

Total

5.275

Morgan Stanley & Co. LLC acted as financial advisor to GE Vernova on the transaction and Skadden, Arps, Slate, Meagher & Flom LLP provided legal counsel to GE Vernova. J.P. Morgan Securities LLC advised Xignux and Sidley Austin LLP served as legal counsel to Xignux.

About GE Vernova

GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Wind, and Electrification segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 75,000 employees across approximately 100 countries around the world.

Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

GE Vernova currently employs approximately 18,000 people in the United States of America across all 50 states. With more than 129 years of experience in Mexico, GE Vernova today employs over 1,700 people across five sites, and its equipment provides 38 GW of electricity generating capacity—nearly 42% of the country’s total—through advanced technologies including eight HA gas turbines, the Laguna Verde nuclear plant, and one of the world’s largest fleets of F-class gas turbines.

About Xignux

Xignux is a leader in the energy and food industries. Based in Monterrey, México, we manage a variety of companies that energize life and society to contribute to a better world, thanks to the hard work and talent of more than 33,000 employees in México, the United States, and Brazil. In the energy industry, Viakable offers electrical conductors, and Prolec GE specializes in energy transformation and delivery. In the food sector, Qualtia provides a wide portfolio of cheeses, cold cuts, meats, and food service, while BYDSA produces savory snacks. Through its Social Responsibility model and the Xignux Foundation, the company also contributes to society’s sustainable development with active participation in four priority areas: energy, nutrition, education, and community development. Xignux was founded 69 years ago and the solutions from its companies reach over 35 countries. Learn more about Xignux at www.xignux.com or follow us on LinkedIn Xignux.

Non-GAAP Financial Measures

Prolec GE Adjusted EBITDA* and Adjusted EBITDA margin*

Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin* are non-GAAP financial measures and are forecasts of the joint venture as a standalone business prepared by GE Vernova based on data provided by the joint venture and prepared under its accounting policies and exclude any expected synergies, integration costs, and purchase price accounting adjustments determined through due diligence. We believe that Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin*, which are adjusted to exclude the effects of unique and/or non-cash items that are not closely associated with ongoing operations, provide management and investors with meaningful measures of performance that increase the period-to-period comparability by highlighting the results from ongoing operations and the underlying profitability factors. We believe Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin* provide additional insight into how the business is expected to perform, on a normalized basis. However, Prolec GE’s Adjusted EBITDA* and Adjusted EBITDA margin* should not be construed as inferring that Prolec GE’s future results will be unaffected by the items for which the measures adjust. We cannot provide a reconciliation of the differences between Prolec GE’s expected Adjusted EBITDA* and Adjusted EBITDA margin* and the corresponding GAAP financial measures without unreasonable effort due to the uncertainty and inherent difficulty of predicting the occurrence and financial impact of certain items, including the applicable tax rate, foreign exchange rates, the impacts of depreciation and amortization, and changes to conform accounting to U.S. GAAP.

Prolec GE free cash flow*

Prolec GE’s free cash flow* is a non-GAAP financial measure and is a forecast of the joint venture as a standalone business prepared by GE Vernova based on data provided by the joint venture and prepared under its accounting policies and exclude any expected synergies, integration costs, and purchase price accounting adjustments determined through due diligence. We cannot provide a reconciliation of the differences between Prolec GE’s free cash flow* and the corresponding GAAP financial measure without unreasonable effort, including due to the uncertainty of timing for capital expenditures and changes to conform accounting to U.S. GAAP.

GE Vernova Forward-Looking Disclaimer

This press release contains forward-looking statements – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova’s expected future business and financial performance and financial condition, our agreement to acquire Xignux's 50% GE Prolec JV interest, the expected financing for that acquisition, expected synergies, our capital allocation strategy, the expected performance of GE Vernova’s products and those it expects to acquire, the impact of its services and the results they may generate or produce, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “forecast,” “target,” “preliminary,” or “range.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company’s business operations, financial results and financial position and on the global supply chain and world economy.

© 2025 GE Vernova and/or its affiliates. All rights reserved.

GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

More News From GE Vernova Inc.

October 21, 2025 4:31 PM EDT | Source: Honey Badger Silver Inc.
Toronto, Ontario--(Newsfile Corp. - October 21, 2025) - Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) ("Honey Badger" or the "Company") announces that Mr. Dorian L. (Dusty) Nicol has decided to pursue an alternative employment position that precludes him from serving on any other boards. He has thus resigned from the Company's Board of Directors effective immediately. Mr. Nicol will continue to support the Company in a consulting capacity.

Mr. Nicol has been a valuable member of the Honey Badger team, contributing his extensive geological expertise and decades of industry experience to advance the Company's technical programs.

The Company is pleased to announce the following appointments:

Mr. Andrew Jedemann will assume the role of Vice President, Exploration.
Andrew Jedemann is an accomplished geologist with over eight years of exploration experience in northwestern Ontario, specializing in gold, nickel-copper, and PGE deposits. He has led and implemented over 20,000 meters of drilling at Barrick's Hemlo mine and contributed to new target generation in the Ring of Fire. Andrew holds an MSc from Lakehead University in partnership with the University of Tasmania (CODES), focused on early-stage porphyry and epithermal systems.Mr. Ben Kuzmich will serve as Qualified Person (QP) for Honey Badger Silver.
Ben Kuzmich is a professional geologist with extensive exploration experience across Ontario, Manitoba, and the Yukon. He has led major drill programs, including a $20M campaign at Barrick's Hemlo mine that improved underground head grade by 23%, and contributed to key discoveries such as the Little Wing occurrence at Lynn Lake. With advanced expertise in critical mineral and pegmatite systems, Ben holds an MSc from Lakehead University focused on Ontario's Ring of Fire region.The Company's Executive Chairman, Chad Williams, commented, "We wish every possible success to Dusty in his future endeavours. I am very happy to promote Andrew and Ben to these positions. They have already been important drivers for many of our activities on our 7 silver projects. The claim expansion at Plata is a good example of the value they have added to Honey Badger. I have no doubt that they will continue to contribute greatly to our Company."

About Honey Badger Silver Inc.

Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. Our projects are located in areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8 Moz of silver at a grade of 262 g/t silver (and 201.3 million pounds of zinc at a grade of 6% zinc) Indicated and 13.9 Moz of silver at a grade of 169 g/t silver (and 247.8 million pounds of zinc at a grade of 4.4% zinc) Inferred(1) located in the Northwest Territories and the Plata high grade silver project located 165 km east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The Company's Clear Lake Project in the Yukon Territory has an unclassified historic resource of 5.5 Moz of silver at a grade of 22 g/t silver and 1.3 billion pounds of zinc at a grade of 7.6% zinc(2). The Company also has a significant land holding at the Nanisivik Mine Area located in Nunavut, Canada that produced over 20 Moz of silver between 1976 and 2002(3). A qualified person has not done sufficient work to classify the foregoing historical resources as current mineral resources, and the Company is not treating the estimates as current mineral resources. The historical resource estimates are provided solely for the purpose as an indication of the volume of mineralization that could be present. Additional work, including verification drilling / sampling, will be required to verify any of the historical estimates as a current mineral resources.

(1) Sunrise Lake 2003 RPA historic resource: Indicated 1.522 million tonnes grading 262 grams/tonne silver, 6.0% zinc, 2.4% lead, 0.08% copper, and 0.67 grams/tonne gold and Inferred 2.555 million tonnes grading 169 grams/tonne silver, 4.4% zinc, 1.9% lead, 0.07% copper, and 0.51 grams/tonne gold.
(2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver, 7.6% zinc, and 1.08% lead.
(3) Geological Survey of Canada, 2002-C22, "Structural and Stratigraphic Controls on Zn-Pb-Ag Mineralization at the Nanisivik Mississippi Valley type Deposit, Northern Baffin Island, Nunavut; by Patterson and Powis."2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver, 7.6% zinc, and 1.08% lead.

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.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Such factors include, but are not limited to, risks relating to capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ (www.sedarplus.ca) under Honey Badger's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271346

Texas Instruments Inc (NYSE:TXN) reported financial results for the third quarter after the market close on Tuesday. Here’s a look at the key metrics from the print.

TXN shares are sliding on disappointing news. Watch the momentum here
Q3 Highlights: Texas Instruments reported third-quarter revenue of $4.74 billion, beating analyst estimates of $4.65 billion. The company reported third-quarter earnings of $1.48 per share, narrowly missing analyst estimates of $1.49 per share, according to Benzinga Pro.

Total revenue climbed 14% year-over-year and 7% sequentially with growth across all end markets. Texas Instruments reported $6.9 billion in cash flow from operations over the trailing 12 months, and $2.4 billion of free cash flow over the same period.

“Over the past 12 months we invested $3.9 billion in R&D and SG&A, invested $4.8 billion in capital expenditures and returned $6.6 billion to owners,” the company said.

Texas Instruments ended the quarter with $3.31 billion in total cash and cash equivalents.

Looking Ahead: Texas Instruments expects fourth-quarter revenue of $4.22 billion to $4.58 billion versus estimates of $4.52 billion. The company anticipates third-quarter earnings in the range of $1.13 to $1.39 per share versus estimates of $1.41 per share.

Texas Instruments executives will further discuss the quarter on an earnings call with investors and analysts at 4:30 p.m. ET.

TXN Price Action: Texas Instruments shares were down 6.82% in after-hours, trading at $168.51 at the time of publication on Tuesday, according to Benzinga Pro.

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, /PRNewswire/ -- XPLR Infrastructure, LP (NYSE: XIFR) today announced that it plans to report third-quarter 2025 financial results after the close of the New York Stock Exchange on Tuesday, Nov. 4, 2025, in a news release to be posted on the company's website at www.XPLRInfrastructure.com/FinancialResults. The company will issue an advisory news release over PR Newswire the afternoon of Nov. 4, with a link to the financial results news release and related presentation on the company's website. As previously communicated, the company will make available its financial results only on its website.

Following the release of its third-quarter financial results, the company plans to meet with investors throughout November and December. 

XPLR Infrastructure, LP
XPLR Infrastructure, LP (NYSE: XIFR) is a limited partnership that has an ownership interest in a clean energy infrastructure portfolio with long-term, stable cash flows. XPLR Infrastructure is focused on delivering long-term value to its common unitholders through disciplined capital allocation of the cash flows generated by its assets and is positioning itself to benefit from the expected growth in the U.S. power sector. Headquartered in Juno Beach, Florida, XPLR Infrastructure's portfolio of contracted clean energy assets is diversified across generation technologies, including wind, solar and battery storage projects in the U.S. For more information, please visit: www.XPLRInfrastructure.com.

SOURCE XPLR Infrastructure, LP

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CNBC's Kate Rogers reports on Mattel earnings.

October 21, 2025 16:40 ET

 | Source:

Century Aluminum Company

CHICAGO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Norðurál Grundartangi ehf, a wholly-owned subsidiary of Century Aluminum Company (NASDAQ:CENX), announced today that it was forced to temporarily stop production on one of its two potlines due to an electrical equipment failure at the Grundartangi, Iceland aluminum smelter. No injuries have occurred.

As a result, production at the smelter has been temporarily reduced by approximately two-thirds. Grundartangi’s other potline remains unaffected and in full production. An impact assessment and a timeline for obtaining replacement equipment and restoring full production is underway. The company will provide an update on its quarterly earnings conference call on November 6.

Century expects that losses arising from these events will be covered under its property and business interruption insurance policies. Century is working with affected customers and suppliers to minimize the impact to their respective businesses.

About Century Aluminum

Century Aluminum is an integrated producer of bauxite, alumina, and primary aluminum products. Century is the largest producer of primary aluminum in the United States, and operates production facilities in Iceland, the Netherlands and Jamaica. Visit www.centuryaluminum.com for more information.

Cautionary Statement

This press release and statements made by Century Aluminum Company management on the quarterly conference call contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the "safe harbor" created by section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words "believe," "expect," "hope," "target," "anticipate," "intend," "plan," "seek," "estimate," "potential," "project," "scheduled," "forecast" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could," "might," or "may."

Where we express an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, our forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from future results expressed, projected, or implied by those forward-looking statements. Important factors that could cause actual results and events to differ from those described in such forward-looking statements can be found in the risk factors and forward-looking statements cautionary language contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and in other filings made with the Securities and Exchange Commission. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Many of these factors are beyond our ability to control or predict. Given these uncertainties, the reader is cautioned not to place undue reliance on our forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investor Contact
Ryan Crawford, [email protected]
312-696-3132

Media Contact
Tawn Earnest, [email protected]
614-698-6351