In case anyone is still confused, Bitcoin is not crypto, but Bitcoin is still a crypto, Ripple CTO Schwartz explains
Cover image via U.Today
David Schwartz, chief technology officer at Ripple, has weighed in on the debate about Bitcoin not being part of crypto that was reignited by former Twitter CEO Jack Dorsey.
A lot of X commentators misunderstood Dorsey’s statement, which caused some confusion.
"bitcoin is not crypto" =/= "bitcoin is not a crypto"
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— David 'JoelKatz' Schwartz (@JoelKatz) October 20, 2025 Linguistic nuance The Rippled CTO, who recently announced that he would be leaving the job at the end of the year, added some linguistic nuance to the conversation.
The phrasing with no indefinite article means that Bitcoin is not part of the class of tokens that are generally considered to be crypto in modern investment discourse.
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However, using an indefinite article would mean that Bitcoin is not a cryptocurrency itself, which is obviously not the case.
Some took Dorsey’s words literally, pointing to Bitcoin’s fundamental cryptography. However, this was not Dorsey’s point.
Longtime altcoin opponentDorsey, who first encountered Bitcoin all the way back in 2010, has been a longtime opponent of alternative cryptocurrencies.
As reported by U.Today, he previously ruffled some feathers by trolling the Ethereum community with the Ethiopian flag. He also claimed that Ethereum had "many single points of failure."
For many Bitcoin maximalists, the term “crypto” has become somewhat pejorative.
They believe that “crypto,” which is highly speculative and virtually infinite, has little in common with the flagship cryptocurrency, which is believed to be highly decentralized and scarce. This essentially explains why Dorsey is vehemently rejecting the term.
Crypto prices today are stabilizing after a volatile weekend marked by a significant decline and shifting macro sentiment.
Summary
Bitcoin trades back above $110K as crypto market value gains 3%.
Easing U.S.-China tensions and ETF optimism support the rebound.
Coinbase sees Q4 driven by liquidity growth and stablecoin demand.
The global cryptocurrency market added 3% in the past 24 hours to reach $3.8 trillion, recovering from last weekend’s flash crash that caused over $20 billion in liquidations.
Bitcoin climbed 1.2% to trade above $110,000, while Ethereum gained 2% to $4,041 after dipping to near $3,700. BNB, XRP, and Solana each rose between 1% and 2%. Despite the rebound, sentiment remains cautious. The Crypto Fear & Greed Index is unchanged at 29, signaling “fear.”
According to CoinGlass data, liquidations surged to $440 million,up 209% from the previous day, as leveraged traders faced renewed volatility. Total open interest rose 3% to $152 billion, and the Altcoin Season Index sits at 39, reflecting a neutral trend.
Easing trade tensions spark market recovery
A key reason behind today’s market rebound is confirmation that senior Chinese officials will meet with U.S. representatives this week to resolve trade issues ahead of the APEC Summit in South Korea.
The meeting was confirmed by Treasury Secretary Scott Bessent and Chinese state media. It comes as both countries exchange trade threats, raising fears of another round of tariffs.
China has recently suggested it could restrict shipments of rare earth minerals to the U.S., a move that could disrupt key manufacturing sectors. The country also hinted it could retaliate against any new tariffs and said it no longer relies heavily on American chips.
If the upcoming talks produce progress, analysts believe it could ease global uncertainty and renew demand for risk assets like Bitcoin and Ethereum.
Short-term catalysts driving optimism
Several near-term developments could sustain the recovery. The Federal Reserve’s Oct. 28–29 FOMC meeting is expected to deliver a 25 bps rate cut, already 95% priced in by futures markets. Lower rates typically weaken the dollar and support risk assets such as Bitcoin.
Meanwhile, new spot and altcoin ETF filings, such as Solana and XRP proposals, whose approval dates are drawing near, are generating optimism. Analysts anticipate that approval will increase institutional capital and further strengthen the market.
Three major trends are influencing the year’s last quarter, according to a recent Coinbase Institutional report. The company highlights growing stablecoin adoption, increased global liquidity, and a more defined policy direction.
According to the report, stablecoin trading and issuance are at their highest levels this year, while the global money supply continues to expand.
Together, these developments suggest a steadier outlook for crypto markets as monetary conditions loosen and institutional participation grows.
2025-10-20 07:464mo ago
2025-10-20 01:594mo ago
Bitcoin's next rally will start once OGs finish selling: Analysts
Long-term Bitcoin holders took profits at record levels with realized gains hitting $1.7 billion daily as older coins re-entered circulation.
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The price of Bitcoin will have a challenging road ahead as long as long-term holders continue to take profits, according to analysts.
The failure of crypto markets to recover was not due to manipulation, paper Bitcoin, or suppression, “just good old-fashioned sellers,” said analyst James Check on Sunday.
Check added that the sheer volume of sell-side pressure from existing Bitcoin (BTC) holders is still not widely appreciated, and that it was “the source of resistance” at the moment.
The analyst shared a chart showing that the average age of spent coins has drifted higher throughout the cycle, indicating that long-term holders were the ones selling.
Another chart showed that realized profit had spiked to $1.7 billion per day while realized losses climbed to $430 million per day, the third highest level this cycle.
Meanwhile, the “revived supply” from older coins reached its second-highest level at $2.9 billion per day.
Older coins re-enter supply as old hands take profits. Source: James CheckBitcoin OGs taking profits Crypto investor Will Clemente said that “the last year of relative weakness for BTC has mostly been a transfer of supply from OGs to TradFi,” which can be seen in onchain data.
“This dynamic will be mostly irrelevant in the coming years, just as everyone is focused on BTC’s relative weakness.”Galaxy Digital CEO Mike Novogratz echoed the sentiment in an interview with Raoul Pal last week.
“There are a lot of people in the Bitcoin world who had rode this so long and finally decided, ‘I wanna buy something’,” he said, citing friends who bought a yacht and part of a sports team.
“People trimming because they’ve had a great run and we’re just digesting that turnover.”Novogratz confirmed that the only supply his firm has seen is “old OGs” and miners.
Weekly close holds support Bitcoin has held onto support with a weekly closing candle at $108,700, according to TradingView.
“Continued holding here could see price rally to $120k+ over time. Stability here is absolutely key,” said analyst “Rekt Capital” on Sunday.
The asset had reclaimed $110,000 at the time of writing, but it faces more resistance just above this level.
Magazine: Ether’s price to go ‘nuclear,’ Ripple seeks $1B XRP buy: Hodler’s Digest
2025-10-20 07:464mo ago
2025-10-20 02:004mo ago
PUMP price prediction – Should traders bet on a rally this week?
Key Takeaways
Is this the time to buy Pump.fun’s native token?
While the market might be turning around, PUMP is still not bullish in the short term.
What needs to change for PUMP to become bullish?
A rising Open Interest and a rally past the $0.005 supply zone would flip the outlook bullishly.
Pump.fun [PUMP] saw an 11.87% surge in daily trading volume, and was up 2.45% in 24 hours at the time of writing. The Open Interest moved higher by 2.05% over the same period – Only indicative of minor bullish sentiment.
The utility token of the memecoin launch platform pump.fun benefited from Bitcoin’s [BTC] price bounce past the $108k short-term resistance. The altcoin market has also been doing well, including the memecoins.
Dogecoin [DOGE] hiked by 3.5% in 24 hours, and the market could have a bullish start to the week. However, traders should be aware that the longer-term structure of PUMP is bearish. Unless the price beats a key resistance zone at $0.0052, a bullish short-term outlook would be laced with risk.
Decoding PUMP’s price action
Source: PUMP/USDT on TradingView
On the 1-day chart, PUMP seemed to have a bearish market structure. When it fell below the swing low at $0.0048 (orange), the market structure shifted bearishly. Moreover, the selling pressure during the structure shift was so high on Friday that a large imbalance (white box) was left behind.
At the time of writing, PUMP was treading water beneath the 78.6% Fibonacci retracement level. Bulls will want this level flipped to support quickly and trigger a rally beyond $0.0052. The CMF had a reading of +0.04, showing that buying pressure was not significantly bullish.
Additionally, the RSI on the daily chart was still below neutral 50 – A sign that downward momentum was prevalent.
Since the Friday crash, the Spot CVD has slowly been climbing, underlining spot demand behind PUMP. While the Open Interest rose too, it has been leashed and motionless over the last two days
A hike in Open Interest alongside a rally past $0.005 would be an encouraging sight for PUMP bulls. Until then, a bearish short-term outlook would be preferable.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories.
His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity.
Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution.
As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.
2025-10-20 07:464mo ago
2025-10-20 02:004mo ago
ZachXBT Exposes $3 Million XRP Heist After Hardware Wallet Breach
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On-chain sleuth ZachXBT has traced a $3.05 million theft of XRP from a US retail user to a laundering route that ran through Bridgers—an aggregator formerly associated with SWFT—and into over-the-counter venues linked to Huione, the Cambodian financial network that the US government moved last week to cut off from the American financial system.
Publishing the findings on October 19, ZachXBT said a “US based victim lost $3.05M (1.2M XRP) from their Ellipal wallet,” adding: “Here’s the tracing of where the stolen funds ended up and the biggest takeaways for similar thefts.”
Inside The $3 Million XRP Robbery
In a thread, ZachXBT identified the theft address—r3cf5mgj5qEcj9n4Th28Es7NVRnXGJjkzc—by matching dates and amounts from a viral YouTube video. “Although the victim did not directly share the theft address… I found it by reviewing the date and amount,” he wrote. He cautioned that “the victim seems inexperienced and does not provide enough details to determine how the Ellipal wallet became compromised besides it being user error.”
According to his reconstruction, the attacker rapidly converted the XRP across chains: “The attacker created 120+ Ripple -> Tron orders via Bridgers on Oct 12, 2025. On block explorers the transactions show as Binance since Bridgers (formerly SWFT) uses them for liquidity.” The funds were consolidated on Tron at TGF3hP5GeUPKaRJeWKpvF2PVVCMrfe2bYw on October 12 and, by October 15, “were completely laundered away to OTCs adjacent to Huione (illicit online marketplace in SEA),” he wrote. Bridgers bills itself as a “cross-chain swap” platform spanning dozens of networks; DappRadar documentation has also linked Bridgers to SWFT’s AllChain Bridge stack.
The reference to Huione lands squarely in a fast-moving sanctions environment. On October 14, 2025, the US Treasury designated the Huione Group as a “primary money laundering concern,” effectively severing it from the US financial system for facilitating flows tied to Southeast Asian scam and trafficking networks; the action was coordinated alongside a UK sanctions package and parallel US actions targeting the Prince Group, a Cambodian conglomerate labeled by US authorities as a transnational criminal organization.
ZachXBT’s thread placed the Ellipal wallet at the center of user confusion rather than a zero-day exploit of the hardware itself. “One lesson our industry needs to do better with is not causing confusion with products when you offer both custodial and non-custodial products. The XRP victim thought they were using the Ellipal cold wallet product when it was a hot wallet,” he wrote, drawing a parallel to “large Coinbase support impersonation thefts” where victims move assets from an exchange account to a compromised non-custodial wallet after social-engineering.
Ellipal publicly corroborated the cold-to-hot wallet mix-up. “Our findings confirm that the loss occurred because the user mistakenly imported their cold wallet’s seed phrase into a hot wallet, which made the assets accessible online,” the company stated, stressing that its “air-gapped cold wallets remain 100% offline and have never been compromised since launch.” Ellipal said it had contacted the user and reiterated basic hygiene: never import cold-wallet seeds into app-based wallets, and keep recovery phrases and devices offline.
The laundering arc ZachXBT described—fast cross-chain hops via an aggregator, consolidation on Tron, and distribution to OTC endpoints he characterizes as “adjacent to Huione”—mirrors typologies that US authorities have warned about as scam ecosystems professionalize.
In his words: “Huione has directly facilitated laundering billions in illicit funds over the past couple years from pig butchering scams, investment scams, human trafficking and hacks/exploits in Southeast Asia… I hope centralized exchanges and stablecoin issuers implement stricter controls as they are one of the bigger threats impacting the longevity of our space.”
The thread’s second theme is the structural difficulty of recovery. “The XRP victim mentioned… how they could not quickly get in touch with US law enforcement for a $3M theft,” he wrote, adding that there are “few LE qualified to handle such cases and endless victim reports so naturally incidents are overlooked,” though he cited the US, Netherlands, Singapore and France as comparatively better venues—contingent on the assigned investigator.
He also criticized much of the crypto “recovery” cottage industry: “>95% of recovery companies are predatory and charge large amounts for basic reports with few actionable insights… Bad firms would have stopped tracing this XRP theft at Binance… when in reality the service was Bridgers or would have failed to identify addresses linked to Huione.”
As for the odds of restitution, the outlook is grim. “Unfortunately the likelihood of this victim seeing any funds recovered is rather low due to a delay in reporting the theft to competent people within the private sector,” he concluded, urging rapid reporting of theft addresses to maximize the chance of freezing flows at chokepoints. He also faulted ecosystem-level support: “Ripple does not have as good of a support system for victims within their community as there is in Bitcoin, Ethereum, Solana, and major EVM chains.”
At press time, XRP traded at $2.44.
XRP bounces from the 0.382 Fib, 1-day chart | Source: XRPUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
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2025-10-20 07:464mo ago
2025-10-20 02:114mo ago
Ethereum Price Could Rally Beyond $5,000 Soon, But There's a Catch
Ethereum price trades at $4,058 after a 3.98% daily gain, with traders eyeing recovery beyond $5,000.
Open interest in Ethereum futures dropped 45% from its peak, reducing market speculation pressure.
Technical analysts see a bullish setup if ETH reclaims $4,100 and holds it in the short term.
The MVRV Momentum death cross reappears, warning of potential correction before any major breakout.
Ethereum is back in focus as traders weigh whether its next move leads to a breakout or another pullback. The asset is holding near the $4,000 mark after weeks of choppy action, and market sentiment seems split.
Some traders see the recent reset in leverage as a healthy sign, while others warn of a possible short-term correction. The tension is clear: bulls want a reclaim of key levels to confirm strength. The next few days could define whether Ethereum breaks higher or slips further.
Traders Watch Critical Levels as Ethereum Holds $4,000
Crypto analyst Daan Crypto Trades said Ethereum’s current setup looks technically sound. He explained that the retest of the 0.382 Fibonacci retracement level and the Daily 200EMA remains “healthy.”
$ETH Technically, this retest of the .382 Fibonacci retracement level and Daily 200EMA are perfectly fine and healthy.
I would want to see this back above those previous cycle highs at $4.1K to get the momentum back in favor of the bulls.
If it can do so and hold there, I'd be… pic.twitter.com/wbqUPP5krp
— Daan Crypto Trades (@DaanCrypto) October 19, 2025
For him, the key lies in reclaiming $4,100, the previous cycle high. Holding that level, he added, could bring back bullish momentum and open the door for a new all-time high by year’s end.
Market data from CoinGecko at press time shows Ethereum trading at $4,058.40 with a daily trading volume of about $34 billion.
The token has gained nearly 4% in 24 hours but remains down 2% for the week. These figures reflect a cautious recovery phase after recent liquidations wiped out excess leverage across the crypto market.
Trader Ted noted that Ethereum’s open interest has dropped by nearly 45% from its previous high, while price has only fallen by about 20%.
He said this reset in speculation is constructive for a cleaner market rebound. If buying resumes from current levels, he projected a move toward $5,500 to $6,000 without overheating.
Market sentiment remains cautiously optimistic. Traders see the reduction in leveraged positions as a sign of more stable footing. However, technical signals suggest Ethereum still needs to prove it can sustain upward momentum.
Death Cross Reappears as On-Chain Data Turns Mixed
On-chain analyst Ali warned that the MVRV Momentum indicator has flashed a death cross, a pattern that last appeared before a steep drop from $3,300 to $1,400. He said the signal has returned, raising questions about the strength of the current rally.
The reappearance of this signal has left traders divided.
Some view it as a temporary shakeout before a larger move higher, while others believe it hints at another leg down before recovery. The contrast between reduced leverage and bearish on-chain signals captures the current state of uncertainty.
Still, Ethereum’s broader setup looks resilient compared to earlier corrections.
The token’s price holding near $4,000 suggests steady demand from both spot buyers and long-term holders. If it pushes back above $4,100 and maintains that level, analysts believe a strong year-end rally could follow.
Hence, the next directional move may depend on whether ETH attracts fresh momentum from these levels or stalls below resistance.
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2025-10-20 02:194mo ago
Headline: Billions in Bitcoin Remain Untouched in Physical Coins from the Early Era
As of 2025, a significant portion of the early Bitcoin wealth is still stored in physical form, with over 38,000 bitcoins locked inside Casascius coins. These coins, introduced over a decade ago, continue to house wealth exceeding $4 billion at current market values.
2025-10-20 07:464mo ago
2025-10-20 02:274mo ago
Ripple, Coinbase, Among Others Meeting Democrats Ahead of Crypto ETF Approvals
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Executives from crypto industry leaders, including Ripple, Coinbase, Chainlink, Galaxy, Kraken, Uniswap, and Circle, will attend a roundtable with pro-crypto Democrats this week. This comes amid delays in crypto ETFs’ approval due to the U.S. government shutdown, dragging the crypto market lower.
Ripple, Coinbase, Other Top Crypto Executives to Meet Democrats
Several executives from the crypto industry will attend a roundtable with pro-crypto Senate Democrats on Wednesday, according to Crypto In America host Eleanor Terrett’s post on October 20. Senator Kirsten Gillibrand to lead the roundtable.
Chief executive officers (CEO) attending the roundtable include Coinbase’s Brian Armstrong, Chainlink’s Sergey Nazarov, Galaxy’s Mike Novogratz, Kraken’s Dave Ripley, and Uniswap’s Hayden Adams.
Crypto policy leaders such as Solana Policy Institute president Kristin Smith, Circle CSO Dante Disparte, Ripple CLO Stuart Alderoty, Jito CLO Rebecca Rettig, and a16z crypto GC Miles Jennings are also participating.
This meeting comes as negotiations with Republicans stalled following fallout and industry backlash over a leaked Democratic proposal to regulate DeFi. Crypto industry leaders such as Brian Armstrong and Jake Chervinsky claimed that the proposal would ban crypto rather than promote innovation.
Crypto executives are expected to discuss market structure legislation, decentralized finance (DeFi) regulatory framework, and the path forward for crypto policies.
Delays in Crypto ETF Approvals
The roundtable is crucial for the crypto market as it comes at a time when crypto ETFs are facing delays. While the U.S. government shutdown entered its fourth week, the meeting comes as the U.S. SEC missed the final deadline for many crypto ETFs. These include ETF decisions on Litecoin, Solana, and Ripple’s native coin XRP.
The delay in approvals and prolonged government shutdown have impacted investor sentiment. The crypto market crash saw over $850 billion wiped out as the total crypto market cap fell to $3.5 trillion. Moreover, the Crypto Fear & Greed Index shifted from greed to extreme fear in just a week.
Meanwhile, issuers are updating their applications with the Generic Listing Standards. Recently, the SEC asked issuers to withdraw their 19b-4 filings and change language to comply with the new listing standards for crypto ETFs.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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2025-10-20 07:464mo ago
2025-10-20 02:284mo ago
Ethereum Researcher Feist Moves to Stripe's Tempo Team
Dankrad Feist, a prominent Ethereum Foundation researcher, has recently joined Stripe's Tempo team, a layer-1 blockchain focused on stablecoin payments. The move comes as Stripe-backed Tempo secured $500 million in funding and signals the fintech company's intent to establish a high-performance blockchain for financial transactions.
2025-10-20 07:464mo ago
2025-10-20 02:454mo ago
Is The Dogecoin Bull Run Over? Analyst Sees Echoes Of 2021
Cantonese Cat argues that Dogecoin remains structurally primed for a late-cycle surge that would track the pattern of prior crypto bull markets, insisting that the coin’s decisive move has not yet arrived. In a 50-minute market analysis published on Oct. 19, the analyst ties Dogecoin’s setup to liquidity cycles and inter-market signals, but emphasizes that the DOGE read is simple: the market hasn’t seen the characteristic Dogecoin breakout that, in past cycles, has coincided with Bitcoin’s final acceleration.
“Whenever you have Bitcoin going up, Dogecoin also is forming a pretty decent base,” he said, noting that DOGE has participated only marginally while Bitcoin has ground higher. The trigger, in his view, is explicit. “Once you have Doge breaking into all-time high… that can happen in a hurry… once you have Doge breaking [its] all-time high, generally that’s when the acceleration phase of Bitcoin begins.” He frames that relationship as a recurring feature of cycle dynamics rather than an exception, arguing that the absence of a Dogecoin all-time-high breakout is one of several reasons he rejects the thesis that the broader crypto cycle has already ended.
Is The Dogecoin Bull Run Over?
Cantonese Cat links that call to the broader backdrop of risk appetite and liquidity, but he repeatedly narrows the lens to DOGE itself. He characterizes recent price action as a wear-you-out phase—punctuated by a sharp deleveraging “last week… with a big giant wick”—that has hardened bearish sentiment without invalidating the longer-term structure. “We haven’t had Doge breaking the all-time high yet… We have the deleveraging event, but we haven’t had [the] breakout into all-time high,” he said, adding that the coin’s base-building is consistent with how earlier cycles have unfolded before rapid upside.
Part of his conviction stems from how he reads Bitcoin dominance and the timing of altcoin rotations. He argues that dominance has run for “2022, 2023, 2024, almost the bulk of 2025,” looks “a little bit tired,” and has been moving sideways for roughly a year. In his framework, a turn lower in dominance would not necessarily mean Bitcoin weakness; rather, it would imply outperformance by altcoins.
Dogecoin vs Bitcoin price analysis | Source: X @cantonmeow
“If we end the cycle right here… this will be the very first time ever that we haven’t had any rotations from Bitcoin to altcoins and we haven’t had that parabolic phase—and this time would be different.” He is explicit that he does not buy the “this time is different” narrative, stating, “I just don’t really think that the cycle is different from [the] previous [one]… because things are still playing out.”
The Dogecoin-specific takeaway is that the market’s recent stress does not negate the historical sequencing he expects. He argues that the coin’s signature move typically arrives after prolonged compression, often in a condensed window.
“Last time [it] only happened within like a couple months and next thing you know it’s just like whoa what happened,” he recalled, cautioning that DOGE’s acceleration window can open quickly once resistance gives way. That pattern recognition underpins his pushback against entrenched pessimism: “A lot of people are just extremely bitter about Doge because this cycle has been wearing everybody out,” he said, but he views that sentiment as typical of pre-breakout conditions rather than evidence of structural failure.
Cantonese Cat repeatedly stresses that he is not giving financial advice and allows that his call could be wrong. Still, he returns to the same fulcrum: Dogecoin hasn’t delivered the hallmark event of a completed cycle.
Until it does—or definitively fails—he treats the coin as coiled rather than concluded. “The reality [is], I just don’t really think that the cycle is different… We haven’t had that [DOGE] breakout,” he said, summing up the risk-on bias that animates his view. In other words, for traders positioning around late-cycle outcomes, his message is that the “Dogecoin moment” remains ahead of the tape—and that the bears could be early.
DOGE Is Price Targets
Although the analyst does not cite fresh DOGE targets in the Oct. 19 video, he defers to levels from his earlier work, where he laid out several price-target frameworks for Dogecoin. In those prior notes, he argued that DOGE could be entering Wave 3 of an Elliott Wave structure after reclaiming the 0.618 Fibonacci retracement of the previous impulse ($0.20088).
From that framework, he highlighted upside projections around $0.48 (1.0 extension), $0.89 (1.272), $1.23 (1.414), and $1.96 (1.618). In variant commentary, he has also floated outcomes $2.00+ if a breakout accelerates, and in a more speculative scenario—likely from a separate video—he said, “I’m going to lay down the case as to why I think DOGE can hit $4 this cycle…”.
At press time, DOGE traded at $0.201.
DOGE holds above the multi-year trend line, 1-day chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
2025-10-20 07:464mo ago
2025-10-20 02:474mo ago
Why Solana (SOL) Price Could Be Set for a Rally to $250
Lark Davis says the Solana RSI and MACD show bullish potential, with a W pattern forming toward the $250 level.
GrayWolf6 notes a 10% bounce from the 200-day MA and trendline confluence, signaling strong market support.
The SEC approved the 21Shares Spot Solana ETF for trading on the Cboe BZX Exchange, boosting investor optimism.
Analysts say ETF approval and chart strength could combine to drive Solana’s price momentum toward $250.
Solana’s price is heating up again. Analysts are spotting early signs that the asset could be gearing for a major upside push. With momentum building and technical indicators flashing green, $SOL seems to be finding its rhythm.
Some traders now believe a breakout above resistance could open the path toward $250. The combination of strong chart setups and the latest ETF approval has fueled optimism across the crypto market.
Analysts Eye Solana (SOL) Price Chart Setup as Momentum Builds
Crypto analyst Lark Davis shared that Solana’s chart is showing signs of strength, noting improving technicals that could spark a new rally. He mentioned the RSI nearing a momentum breakout while the MACD trends toward a bullish crossover.
According to him, a potential double-bottom pattern is forming, which could confirm a breakout if price breaks its neckline. Davis added that holding above the 200-day EMA is key for bulls to maintain control.
Solana looking very constructive here.
RSI nearing a momentum breakout.
MACD heading for a bullish cross (not confirmed)
Potential W (double bottom) forming up.
Price target here is $250 if the W confirms, which will happen on a neckline break.
Key now is for bulls to… pic.twitter.com/KCEnks4XEG
— Lark Davis (@TheCryptoLark) October 20, 2025
Market observer GrayWolf6 echoed a similar outlook. He pointed out that Solana recently bounced over 10% after touching both the rising trendline and the 200-day moving average. He described this confluence as a healthy setup within an ongoing uptrend.
In his post, he said he added to his position during the retest, aiming to manage risk while keeping his target around $250.
The market appears to be responding to these levels with renewed enthusiasm. Traders are treating the 200-day EMA as a crucial area of interest, with several noting that holding above it could sustain bullish momentum.
The tone across trading circles has shifted from caution to quiet confidence, as SOL’s structure continues to show resilience.
Solana ETF Approval Adds Fuel to the Rally Outlook
Beyond the charts, new developments around the Solana ecosystem are adding to investor confidence.
Analyst MartyParty reported that the U.S. Securities and Exchange Commission approved the 21Shares Spot Solana ETF (ticker: VSOL) for listing on the Cboe BZX Exchange on October 17, 2025.
From @grok: The @21shares Spot @solana ETF (ticker: VSOL) has been approved for listing on the @Cboe BZX Exchange as of October 17, 2025.The U.S. Securities and Exchange Commission (SEC) approved 21Shares' Form 8-A (12B) filing on October 17, 2025, which registers the ETF for…
— MartyParty (@martypartymusic) October 19, 2025
The approval followed the exchange’s earlier rule change under the SEC’s generic standards for commodity-based trust shares, allowing spot Solana ETFs to list without separate reviews.
The fund will track the Solana-Dollar Reference Rate and hold physical SOL tokens, with an optional staking feature to generate yield.
According to the filing, trading is expected to begin soon once the S-1 registration becomes effective. This marks a milestone for Solana’s market presence, positioning 21Shares ahead of other ETF issuers like Bitwise and VanEck.
Market participants see this as a confidence boost for Solana, especially as it aligns with broader demand for spot crypto ETFs. With strong technical signals and institutional-grade exposure through the ETF, the setup could support a steady climb toward higher targets.
2025-10-20 07:464mo ago
2025-10-20 03:094mo ago
Bittensor, Zcash Lead Altcoin Rebound as BNB Rally Cools
In brief
Bittensor and Zcash have risen by 10% as Bitcoin rebounds following weekend trading.
BNB has taken a backseat as traders book profits and rotate to high-beta altcoins with renewed momentum.
Experts remain optimistic but note that the continuation of a bullish outlook is contingent on cooling macro fears.
Bitcoin’s weekend rebound has set off a selective rally in altcoins, with Bittensor and Zcash leading gains as BNB, last week’s top performer, slipped from focus.
Bitcoin’s rebound from $105,000 to an intraday high of $110,000 came as macroeconomic and geopolitical conditions showed signs of improvement.
The weekend’s strength has set the stage for renewed momentum in altcoins.
"Bitcoin's rally has renewed market confidence," Shawn Young, chief analyst of MEXC Research, told Decrypt. "Traders are now rotating capital into high beta assets to seek short-term outperformance," signaling a comeback in speculative appetite.
Bittensor rose 12% over the past 24 hours, extending gains from last week’s 11.1% rise. Zcash also advanced 10.2%, trimming a seven-day loss of 11.4%, according to CoinGecko.
BNB, by contrast, has lost steam, down 12.3% over the week despite a modest 4.1% daily uptick. The rotation reflects typical market cycles, where shifting narratives and profit-taking after brief rallies redirect capital toward altcoins showing fresh momentum, Young said.
Despite the rebound in altcoins, Bitcoin’s market dominance held steady near 60%, indicating investors remain hesitant to move significantly away from the leading cryptocurrency.
“Over the next few weeks, the focus will shift to whether Bitcoin can hold its key support levels, Shivam Thakral, CEO of BuyUcoin, told Decrypt. "If it does, we could see momentum return, especially around narratives like AI, restaking, and tokenized assets.”
Young, however, expects the trend toward selective strength to continue.
"Altcoins are now entering a phase where selective strength matters more than broad-based rallies," he said. "The next leg would most likely depend on capital inflows extending beyond major Layer-1s into DeFi and AI-linked projects."
Experts who previously spoke to Decrypt maintain a cautiously optimistic stance, suggesting that the macro and geopolitical outlook needs to cool before an explosive uptrend emerges.
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Ethereum breaks out of key patterns and retests support, with analysts tracking signs of a possible rally toward $8K as 2025 unfolds.
Ethereum is showing strong technical signals that may point to a major upward move. Several analysts are tracking key patterns, support levels, and price zones that have historically preceded large rallies.
With ETH now holding above important levels, focus is shifting to whether momentum will continue through the end of the year.
Monthly Breakout Points to Higher Targets
Crypto trader Merlijn The Trader posted a monthly chart showing Ethereum breaking out from a long-term pennant, which formed after ETH’s run to its 2021 peak near $4,800 and years of sideways movement inside a tightening range. The breakout above this pattern suggests new bullish momentum.
The analyst called it “the most explosive setup since 2017,” with a potential path toward $8,000–$8,500. The asset has already moved above the pennant’s resistance, and current momentum appears to be in line with previous market cycles. Ethereum is trading around $4,100 at press time, showing a 4% gain in the past 24 hours.
Moreover, a separate chart from EtherNasyonaL compares Ethereum’s current movement to past cycles. In both 2016 and 2020, ETH retested a key demand area before rallying. The same behavior appears to be happening again in 2025. They noted,
ARE NOT BULLISH ENOUGH ABOUT $ETH.
In the 1st and 2nd cycles, Ethereum tested the major demand zone before going parabolic.
Today, the same scene is being re-enacted.
The difference is that most people still leave the theater before the curtain rises. pic.twitter.com/0l92xFNtht
— EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲 (@EtherNasyonaL) October 19, 2025
Notably, the demand zone has held, and the price has rebounded from that area. The pattern is consistent with how ETH moved in earlier bull markets.
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Support Retest After Breakout Holds for Now
According to The Long Investor, Ethereum recently broke out of a multi-year wedge and is now retesting the top of that wedge as new support. For the past three weeks, ETH has traded in the $3,700–$3,900 range, holding just above that line.
The trader believes ETH has 10 days or less to stay above this level to confirm the breakout. If support holds, the move could mirror Ethereum’s rally in 2020, which followed a similar breakout and support test. The chart suggests a price target of around $8,200 if the structure continues to hold.
Source: The Long Investor/X
Momentum Mixed as MVRV Turns Lower
Analyst Daan Crypto Trades shared that ETH is testing both the 0.382 Fibonacci level and the daily 200 EMA. He noted,
“I would want to see this back above those previous cycle highs at $4.1K to get the momentum back in favor of the bulls.”
Holding that area could give the price the push needed to continue higher.
However, another view comes from Ali Martinez, who pointed to a warning signal from the MVRV Momentum indicator. The 160-day MVRV line has crossed below its moving average, a move that last occurred before ETH dropped from $3,300 to $1,400. That same pattern just returned, raising concern about a possible short-term pullback.
2025-10-20 07:464mo ago
2025-10-20 03:174mo ago
Bitcoin price rebounds back over $110K as market eyes recovery
Bitcoin price has bounced back above the $110,000 mark after dipping to last week’s low of $103,660. Some analysts now believe the bottom might be in, with a fresh leg higher potentially in play.
Summary
Bitcoin price has reclaimed $110k as macro pressures cooled over the weekend.
Some analysts believe BTC price has bottomed out and an upside rally may resume.
Bearish arguments project a deeper correction below $100k.
According to data from crypto.news, Bitcoin (BTC) is up 3.1% over the past 24 hours, reclaiming the $110k level after flipping $107k into support. As of Oct. 20 morning (Asia time), BTC was trading around $110,430. This upward move helped lift the broader crypto market, pushing the total market cap back above $3.8 trillion.
One likely reason for the bounce is that investors have started buying the dip after a sharp correction across the board, with many altcoins dropping more than 20% from their monthly highs.
The broader market sentiment also appears to be improving on hopes that the escalating U.S.–China trade tensions could cool down in the coming days. U.S. President Donald Trump is expected to meet Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea later this month.
Ahead of that meeting, U.S. Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng are scheduled to hold talks in Malaysia, a move seen as a step toward de-escalation.
A breakthrough in negotiations would likely be seen as bullish for both crypto and traditional markets. Not only would it ease geopolitical tensions that triggered a wave of forced liquidations earlier this month, but it could also help tame inflationary pressures. That, in turn, could support the Federal Reserve’s pivot toward easing.
Fed Chair Jerome Powell struck a dovish tone in his recent speech, hinting that the Fed’s balance sheet runoff, quantitative tightening, may be nearing its end, and that at least two more interest-rate cuts remain on the table.
Bitcoin bottom is over: analysts
After Bitcoin’s strong rebound back above $110k, several analysts are calling the bottom in. Popular trader CryptoPulse pointed out that $104,000 has held firm as the floor for this pullback, calling it “the clear bottom for this dip.” In their view, the next major move is likely a climb toward $150,000, a level they describe as the “final leg everyone’s been waiting for.”
Technical setups also appear to support this outlook. As seen in a chart shared by FriedrichBtc, Bitcoin’s daily RSI had slipped into oversold territory just before the bounce, often viewed as a signal that selling pressure is exhausted. Friedrich believes $135,000 is the next key level to watch, now that buyers have stepped in near support.
Bitcoin price has hit bottom | Source: X/FriedrichBtc
Both analysts emphasize that now may be the ideal time to position ahead of a breakout.
“Don’t wait until it’s running — set up now while it’s still calm,” wrote CryptoPulse.
The chart setups shared by both traders suggest a textbook trend reversal with higher lows beginning to form just above the $104k region. Based on their projections, BTC will gradually climb through the $120k and $130k ranges before eventually making a move toward $135k to $150k in the coming weeks, assuming macro conditions remain favorable.
However, not all analysts agree about the sustainability of Bitcoin’s latest bounce. Among that cohort is fellow trader and analyst Captain Faibik, who remained cautious, warning that while the short-term setup may look bullish, the bigger picture is still shaky.
In his latest X post, he stressed that the broader uptrend could be running out of steam as BTC was still trading within a rising wedge pattern, a structure that historically breaks to the downside.
Bitcoin price has formed a bearish reversal pattern — Source: X/CryptoFaibik
Faibik acknowledges that bulls are still in control for now, especially with BTC holding above the weekly 50-day moving average.
“The Bitcoin bull run is over, and now late buyers are likely to get trapped,” the analyst wrote.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2025-10-20 07:464mo ago
2025-10-20 03:284mo ago
LayerZero price at risk ahead of $43M ZRO token unlock
LayerZero price is under pressure as traders brace for a $43 million token unlock that could test market support and trigger short-term volatility.
Summary
LayerZero trades near $1.71 as traders position for the $43M unlock.
Unlock will release 7.9% of supply, raising short-term sell pressure.
Charts show weak momentum but signs of a possible rebound near $1.60.
LayerZero was trading at $1.71 at press time, up slightly on the day but still down 11% in the past week and 13% over the past month. The token has moved within a $1.61–$2.05 range in the last seven days, holding near the lower end as traders prepare for its next major event.
LayerZero’s (ZRO) 24-hour spot volume rose to $51.17 million, a 174% jump from the previous day, showing a sudden rise in trading activity. In derivatives, trading volume climbed 180% to $81.25 million, while open interest grew 14.5% to $53.29 million, according to CoinGlass data.
The rise in open interest means more traders are taking new positions, often a sign that markets are bracing for sharper moves once the unlock goes live.
ZRO token unlock could add short-term pressure
Data from Tokenomist shows that 25.71 million ZRO, worth about $44.22 million, will unlock on Oct. 20, representing roughly 7.9% of the circulating supply. So far, only 33% of ZRO’s total supply has been released, which means this round could create some short-term selling pressure.
Even so, ongoing developments could help balance the market. LayerZero has recently expanded to Sui (SUI) Network, Starknet (STRK), and Agora AUSD, connecting to over $90 billion in liquidity. These launches tend to boost ZRO’s trading volume in the following weeks. The project’s Stargate V2 bridge is also allocating half of its fees to ZRO buybacks.
LayerZero price technical analysis
ZRO shows poor short-term momentum on the daily chart, trading below all of the major moving averages. The relative strength index is close to oversold territory at 39, indicating that a possible bounce in the token may be imminent.
LayerZero daily chart. Credit: crypto.news
The narrowing of the Bollinger Bands indicates compressed volatility before a possible breakout. Resistance levels can be found at $1.95 and $2.05. Immediate support is located close to $1.60.
Although the MACD is still in bearish territory, momentum and Williams %R show modest buying interest, indicating that any recovery may be limited unless volume stays above current levels.
While a close above $1.90 might reestablish short-term bullish momentum going into the unlock, a clean break below $1.60 might open the path toward $1.45.
2025-10-20 07:464mo ago
2025-10-20 03:294mo ago
Spot bitcoin ETFs shed $1.2 billion in second-largest weekly outflows since debut
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The XRP price looks to be on the verge of another breakdown that could send it spiraling to new multi-month lows. This comes after a failure to hold the support at $2.5 and the subsequent decline that has put it on a rather bearish path. If this bearishness continues, then it is more likely that the XRP price will end up retesting the $2.1 level soon, and a total failure would lead to a crash that could rival that of 2020, triggered by the SEC lawsuit.
Bears Have Trapped The XRP Price
In an analysis, crypto analyst Lingrid revealed that the XRP price is now under a lot of bearish pressure. The first sign of this is that the altcoin’s price has continued to decline within a well-defined downward channel, and this comes after the price was rejected near the resistance trendline below $2.44.
A direct result of this is that the XRP price is still seeing lower highs and lower lows, which is indicative that the sellers are still very much in control of the price. At this juncture, the analyst explains that the XRP price is currently still trapped under bearish pressure due to this.
From here, there are now a lot of things that could happen for the price. The first of these is that it continues to decline, eventually moving as low as $2.1. This would be where the next major support is for the price, and in this case, the price would have to maintain $2.1 and bounce if there is to be a recovery.
On the flip side, if bulls want to invalidate the bearish thesis, then they would have to get the price above $2.5. If the XRP price is able to break through this major resistance with momentum, then there could be a turn in the tide for the digital asset.
Source: TradingView.com
Factors To Watch Out For
Lingrid also highlights a number of factors that could set the XRP price up for another run. The first of these has to do with the Bitcoin price, which categorically controls the broader crypto market. If the Bitcoin price were to move, then it could take the XRP price with it and invalidate the bears.
Next on the list is for the XRP price to break above $2.45. In this case, the breakout would set it on the path toward $2.8, marking an over 10% increase from the breakout point. This also plays into the analysis of bulls maintaining support before a decline to $2.1.
Last but not least is the fact that there would be some unexpected news in the market. This could have to do with regulatory issues or liquidity events that end up throwing the short-term technical flows off balance, while the market figures out the next direction.
Price continues to grind upwards | Source: XRPUSDT on TradingView.com
Featured image from Dall.E, chart from TradingView.com
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After a choppy stretch in the market, Solana price is testing key support levels as the market looks for signs of a broader recovery.
Summary
Solana currently trades at $192, holding support at $175 even as it remains stuck in a broader downtrend marked by lower highs and lows.
Institutional confidence continues to grow, with a Grayscale report highlighting Solana’s expanding ecosystem and ARK Invest reporting $223 million in Q3 network revenue, among the highest in the industry.
Corporate adoption is accelerating, as firms collectively hold more than 20 million SOL, signaling strong long-term interest that could help fuel a trend reversal.
Solana is trading around $192 at press time, up nearly 3% in the past 24 hours but still down about 1% for the week, per market data from crypto.news. The token’s price action has been choppy, holding key support but struggling to gain momentum.
Last week, SOL (SOL) dipped sharply but found strong support at $175, a level that has acted as a reliable floor since August. Each time the price approaches this mark, buyers step in, showing that there is real interest in defending the level.
Since the bounce, Solana price has pushed back above $190 and now hovers near resistance, needing a clear break of $192 to set up a renewed advance toward $200.
Solana price chart | Source: TradingView
The daily chart, marked by continuous lower highs and lower lows, signals an emerging downtrend. Even as Solana manages short-term rallies, it remains confined within a descending channel, pointing to caution in the weeks ahead. Until it manages a convincing breakout above this pattern, further upside could be limited, keeping it vulnerable to renewed selling pressure.
Despite the technical weakness, strong institutional and corporate interest could soon provide the momentum Solana needs for a breakout.
Catalysts that may drive the next Solana price move
A steady drumbeat of positive news continues to build around Solana, offering plenty of fuel for a potential trend reversal. A recent Grayscale report paints Solana as a leader among crypto networks, thanks to its high volume, speed, and growing developer ecosystem.
The report calls Solana a “financial bazaar,” stressing its role in supporting thousands of applications and handling heavy user activity with very low fees.
ARK Invest adds more fuel with its Q3 update, showing the network’s revenue hit $223 million, one of the highest among all blockchains. This money comes from real on-chain usage, signaling strong demand for Solana’s services in NFTs, DeFi, and payments.
Big players like ARK have taken on large SOL positions, and other asset managers continue to add to their reserves. This ongoing accumulation is an important sign that institutional interest remains strong, even as prices have softened lately.
Corporate treasury adoption also continues to pace, with digital asset companies and public firms collectively holding over 20 million SOL, as previously reported by crypto.news. Companies like Forward Industries and Solana Company are leading this charge, amassing millions of tokens and staking SOL to generate additional yield.
Looking ahead, rising institutional demand, strong revenue growth, and expanding treasury holdings could give Solana price the push it needs to break its downtrend. ETF progress and upcoming network upgrades may also help if overall market sentiment improves, potentially setting up a recovery above the $200 level.
2025-10-20 07:464mo ago
2025-10-20 03:344mo ago
HTX launches $100M USDT airdrop to aid traders hit by $19B crypto wipeout
Crypto exchange HTX has launched a $100 million USDT airdrop to help traders recover from the $19 billion market wipeout on Oct. 11 that sent Bitcoin to multi-month lows.
Summary
HTX has launched a $100 million USDT airdrop to help traders recover from the Oct. 11 liquidation event.
Eligible users who lost at least 100 USDT between Oct. 9 and 11 can claim up to 5,000 USDT in futures coupons.
According to an Oct. 20 announcement, HTX has launched the Sail Together initiative that will run through to Nov. 15, during which crypto traders, irrespective of their platform or region, can claim up to 5,000 USDT in loss-rebate airdrops.
On Oct. 11, the crypto market witnessed one of the largest liquidation events in its history, during which more than $19 billion in leveraged positions were wiped out within hours. The situation escalated after former U.S. President Donald Trump accused China of being “very hostile” and threatened steep new tariffs that triggered fears of an all-out trade war and a wave of panic across global risk markets.
Bitcoin price, which was hovering over $124,000, fell to lows around $104,000 within hours as the liquidation event unfolded, and estimates at the time suggested over 1.6 million traders had been affected.
Who are eligible to receive the airdrop?
HTX hopes to help crypto traders recoup some of those losses via its recent initiative, and only those who have incurred trading losses of at least 100 USDT between Oct. 9 at 4:00 p.m. UTC and Oct. 11 at 3:59 p.m. UTC would be eligible.
Claimants must also create an HTX account and get Level 1 KYC verified before the event ends to be able to receive the airdrop.
HTX will distribute futures coupon packages ranging from 50 to 5,000 USDT, depending on the size of the user’s trading losses, that will be verified using screenshots, and the level of activity on their HTX futures account after registration.
A futures coupon is a type of bonus or voucher issued by cryptocurrency exchanges that can be used to offset trading costs, cover losses, or act as collateral for opening positions.
“Through tangible incentives and genuine support, HTX aims to help users quickly recover from setbacks and rebuild confidence. It also calls on more industry peers to join forces in promoting the healthy and sustainable development of the crypto sector,” the exchange wrote.
Binance announces $400M Together Initiative
HTX’s announcement comes less than a week after Binance announced a $400 million support package under the “Together Initiative,” which also takes a similar route in offering targeted relief to both retail and institutional users affected by the market crash.
Of the total amount, $300 million has been set aside in token vouchers for retail traders whose liquidation losses on October 10 and 11 exceeded $50 and accounted for at least 30% of their total account value.
The remaining $100 million will be distributed as low-interest loans to institutional clients impacted during the liquidation event.
2025-10-20 07:464mo ago
2025-10-20 03:354mo ago
Crypto Derivatives Surge With XRP In the Spotlight
XRP is making an unexpected breakthrough in regulated markets. Driven by a record third quarter for the CME, derivatives linked to the asset are exploding, attracting a massive influx of institutional investors. Volumes soaring, open interest at its highest: the XRP futures market reaches unprecedented levels. This dynamic, far from a mere passing craze, marks a strategic turning point for cryptos outside the BTC/ETH duo. A new era opens, where alternative assets gain legitimacy in traditional financial circuits.
In Brief
XRP records a spectacular breakthrough in regulated markets, driven by a record quarter for the CME.
More than 476,000 XRP futures contracts have been traded since May 2025, totaling 23.7 billion dollars.
Open Interest reaches 1.4 billion dollars and the number of large institutional investors sets a record at 29.
CME plans to launch trading starting in 2026, aligning regulated markets with the native functioning of crypto.
XRP Joins the Big Leagues on the CME
Since their launch last May, XRP futures contracts have triggered unprecedented enthusiasm, especially from institutional investors.
The CME Group, in its Crypto Insights October report, reports that the XRP derivative product range, including Futures and Micro Futures, has quickly gained adoption, reaching record levels within a few months.
The institution notes : “the third quarter showed a strong rise in demand for regulated crypto exposures, with futures contracts on Solana (SOL) and XRP reaching historic highs”.
The published data is unequivocal and highlights the scale of the phenomenon :
476,000 XRP contracts have been traded since May ;
A total notional value of 23.7 billion dollars has been reached ;
Open Interest peaked at 1.4 billion dollars in September ;
The number of large open interest holders (LOIH) reached 29, an absolute record for XRP products on the CME.
This spectacular surge reflects a trend linked to the gradual shift of some institutional investors towards alternative assets to bitcoin and Ethereum, provided they are accessible through regulated products.
The XRP case is even more notable as it was long perceived as a legally uncertain asset. The fact that it now finds its place in institutional portfolios via regulated derivatives indicates a strategic repositioning of these actors in front of a market undergoing diversification.
The CME Capitalizes on the Enthusiasm for Regulated Assets
Beyond the specific performance of XRP contracts, it is the entire CME crypto derivatives market that reached a historic peak in the third quarter.
Indeed, the CME recorded more than 900 billion dollars in combined volume on crypto futures and options. The average daily Open Interest climbed to 31.3 billion dollars, and the total number of LOIH now stands at 1,014, marking an institutional participation never seen before. These figures reflect a structural shift in the engagement of professional investors in regulated crypto markets.
To support this momentum, the CME launched on October 13 the first options on XRP and Solana approved by the CFTC, the only ones currently authorized in the United States for these assets. The group also plans to go further, with the trading launch scheduled for early 2026, to align its hours with the uninterrupted nature of digital markets. “These are the only XRP and Solana options approved by the CFTC in the US, offering a trusted platform for efficient capital trading”, the official statement emphasizes.
This acceleration reveals several implications for the market. In the short term, it confirms the rise of a regulated ecosystem no longer limited to the two heavyweights bitcoin and Ethereum. In the medium term, the CME seems to position itself as a strategic bridge between traditional financial infrastructures and the crypto universe. By adopting a more flexible model, it adapts to the standards of Web3 while meeting the demands of Wall Street.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-10-20 06:464mo ago
2025-10-20 01:454mo ago
Rigetti Computing: Is It Too Late to Buy After a 5,000% rally?
Quantum computing is the latest technology hype cycle.
With shares up by a jaw-dropping 5,100% over the last 12 months, Rigetti Computing (RGTI -3.01%) exemplifies the life-changing potential of stock investing. If you bought $10,000 worth of shares of this speculative tech company last October, your position would now be worth over half a million dollars.
After a rise of that magnitude, potential new investors must be left wondering if they should jump on Rigetti's hype train or wait for a dip. Let's dig into the company's fundamentals to decide what the near future might bring.
Is quantum computing ready for prime time?
Quantum computing promises to radically expand the reach of digital technology. When it works accurately, it can solve certain types of unusual, but extraordinarily difficult, problems that would take even a classical supercomputer an impossible amount of time. And while the technology has seemed "just around the corner" for decades, some recent breakthroughs have ignited optimism.
For example, one of the chief challenges in developing a useful quantum computer is that they are vastly more prone to errors than classical machines. But late last year, Alphabet subsidiary Google revealed its Willow chip, a state-of-the-art quantum computing chip that does a progressively better job of correcting its own mistakes the more computing power it uses. Perhaps more remarkably, on one of the benchmark computational problems that is used to test the abilities of quantum machines, Willow delivered the answer in about five minutes. For a traditional supercomputer to solve it would have taken 10 septillion years.
If they can be made reliable and cost effective enough to commercialize, such machines could drive revolutionary advances in areas ranging from drug discovery to material science. Quantum computers could also play a role in artificial intelligence by assisting with model training and optimization, which involves finding the most efficient use of resources to achieve a task.
Where does Rigetti fit in?
While Google looks like the leader in quantum computing technology, a rising tide lifts all boats, and investors are pouring capital into the entire industry. Rigetti's compelling business model has also likely played a role in its explosive rally.
Rigetti takes a comprehensive picks-and-shovels approach to the quantum computing industry. It designs and builds its own chips, called quantum processing units (QPUs), at its California-based foundry. And it created its own programming language called Quil alongside a platform called Quantum Cloud Services (QCS), which is designed to allow clients to access its quantum processing power through the cloud.
The company is in the early stages of commercialization: It recently announced a $5.7 million purchase order for two of its Novera quantum computing systems, which it expects to deliver in 2026. But while these deals are a good sign, investors shouldn't expect those purchases to necessarily mark the start of mass quantum computing adoption or sustainable growth.
While nonprofit research institutions and early adopters will continue to experiment with quantum computing, analysts at McKinsey and Company believe scalable quantum devices might not be commercially viable before 2040 at the earliest. In the meantime, Rigetti's financial condition is alarming.
Massive cash burn
Image source: Getty Images.
For better or worse, public companies exist to generate profits for their shareholders. Technological prowess comes second, and arguably doesn't matter at all if it doesn't eventually benefit the bottom line. Rigetti's shareholders may soon have to reckon with this fact.
In the second quarter, its operating losses grew 24% year over year to $19.8 million (compared to revenue of $1.8 million). Meanwhile, the number of shares outstanding jumped by 74% to almost 300 million. Rigetti is still sitting on a mountain of cash from a $350 million stock offering in June. But that money won't last forever, and investors should expect the company to continue relying on equity financing to fund operations until it can achieve profitability.
With viable quantum computers potentially over a decade away, Rigetti's management team will likely need to substantially dilute the positions of current shareholders in their efforts to get the company across the finish line. Yet even with this in mind, it's not too late to buy the stock. If anything, it's too early. But it may make sense to wait for a correction or another technological breakthrough before you consider opening a position in the stock.
Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy.
2025-10-20 06:464mo ago
2025-10-20 01:594mo ago
DeFi Development Corp: The Case For A Solana Treasury
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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-20 06:464mo ago
2025-10-20 02:004mo ago
Genflow Biosciences PLC Announces Recognition of Patentability of Claims
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.
2025-10-20 06:464mo ago
2025-10-20 02:004mo ago
MLTX Investors Have Opportunity to Lead MoonLake Immunotherapeutics Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against MoonLake Immunotherapeutics ("MoonLake" or "the Company") (NASDAQ: MLTX) 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 March 10, 2024 and September 29, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before December 15, 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. MoonLake misled the market about its drug candidate, sonelokimab (SLK), which it claimed was superior to other monoclonal antibodies. The Company consistently touted its superiority while knowing it had no proven advantages over other treatments. The Company announced the results of a Phase 3 trial of SLK, disclosing what analysts labeled a "disastrous result," leading to its shares losing almost 90% of their value. 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 MoonLake, 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
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2025-10-20 06:464mo ago
2025-10-20 02:004mo ago
Lazard Appoints Edouard Panié as Managing Director and Co-Head of European Financial Sponsors Coverage
LONDON & PARIS--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced the appointment of Edouard Panié as Managing Director and Co-Head of the European Financial Sponsors Coverage. He will report to Klaus H. Hessberger, Global Co-Head and Head of Europe for Lazard's Financial Sponsors Group, to further strengthen the firm's presence and partnerships with financial sponsors across the region. Mr. Panié joins from Goldman Sachs, where he was a Managing Director for nearly two decades, advisin.
2025-10-20 06:464mo ago
2025-10-20 02:004mo ago
VAALCO Schedules Third Quarter 2025 Earnings Release and Conference Call
HOUSTON, Oct. 20, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced the timing of its third quarter 2025 earnings release and conference call.
The Company will issue its third quarter 2025 earnings release on Monday, November 10, 2025 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Tuesday morning, November 11, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.)
Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate toll-free by dialing 08082389064. Other international parties may dial (412) 317-5741. Participants should ask to be joined to the “Vaalco Energy Earnings Conference Call.” This call will also be webcast on VAALCO’s website at www.vaalco.com. An audio replay will be available on the Company’s website following the call.
About Vaalco
Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Côte d’Ivoire, Equatorial Guinea, Nigeria and Canada.
For Further Information Vaalco Energy, Inc. (General and Investor Enquiries)+00 1 713 543 3422Website:www.vaalco.com Al Petrie Advisors (US Investor Relations)+00 1 713 543 3422Al Petrie / Chris Delange Buchanan (UK Financial PR)+44 (0) 207 466 5000Ben Romney / Barry [email protected]
2025-10-20 06:464mo ago
2025-10-20 02:004mo ago
ST introduces new image sensors for industrial automation, security and retail applications
ST introduces new image sensors
for industrial automation, security and retail applications
Four new 5MP image sensors allow customers to optimize image capture with high speed, high detail with a single, flexible product instead of two chips New device family is ideal for high-speed automated manufacturing processes and object tracking New sensors leverage market-leading technology for both global and rolling shutter modes, with a compact 2.25µm pixel with advanced 3D stacking, and on-chip RGB-IR separation Geneva, Switzerland – October 20, 2025 — STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, introduces a new family of 5MP CMOS image sensors: VD1943, VB1943, VD5943, and VB5943. These advanced ST BrightSense sensors are designed to accelerate the development of innovative vision applications across industries, including advanced industrial automation with enhanced machine and robotic vision, next-generation security including biometric identification and traffic management, and smart retail applications such as inventory management and automated checkout. A longtime leader in optical sensing technology for consumer applications, ST continues to expand its offering for new applications with its industry-leading design, 3D stacking expertise and high-volume manufacturing for market-leading performance.
“Our new image sensors with hybrid global and rolling shutter modes allow our customers to optimize image capture, ensuring motion-artifact-free video capture and low-noise, high-detail imaging at the same time, making it ideal for high-speed automated manufacturing processes and object tracking. This architecture is unique on market today and provides unmatched flexibility, performance, and integration. We continue to broaden our portfolio of solutions for a wide range of industrial applications and want to bring the best of optical sensing technologies to both existing and new applications,” said Alexandre Balmefrezol, Executive Vice President and General Manager of STMicroelectronics’s Imaging Sub-Group.
"Industrial and security imaging are pushing sensor performance to new levels, enabling functions from identification to robotic guidance, gauging and advanced monitoring and inspection,” said Florian Domengie, PhD Principal Analyst Imaging at Yole Group. “By 2030, this image sensor market is projected to reach $3.9 billion with over 500 million units shipped. Key advances will include enhanced low-light performance, on-chip intelligence, and hybrid global/rolling shutter operation, combining low noise with high-precision temporal sensing."*
*Source: Status of the CMOS Image Sensor Industry 2025 – 3D Imaging & Sensing 2025, Yole Group
Technical notes
The VD1943, VD5943, VB1943, and VB5943 sensors, part of the ST BrightSense portfolio, are ready for evaluation and sampling, with mass production scheduled to begin in February 2026. Detailed documentation, evaluation kits, and product samples, are available through the local ST sales representative or an authorized distributor.
Product codeChromaPackageVD5943MonochromeSensor dieVB5943MonochromeOBGA sensorVD1943RGB-IRSensor dieVB1943RGB-IROBGA sensor Dual global and rolling shutter modes
The sensors provide hybrid global and rolling shutter modes, allowing developers to optimize image capture for specific application requirements. This functionality ensures motion-artifact-free video capture (global shutter) and low-noise, high-detail imaging (rolling shutter), making it ideal for high-speed object tracking and automated manufacturing processes.
Compact design with advanced pixel technology
Using 2.25 µm pixel technology and advanced 3D stacking, the sensors deliver high image quality in a smaller footprint. The die size is 5.76 mm by 4.46 mm, with a package size of 10.3 mm by 8.9 mm, and an industry-leading 73%-pixel array-to-die surface ratio. This compact design enables integration into space-constrained embedded vision systems without compromising performance.
On-chip RGB-IR separation
The RGB-IR variants of the sensors feature on-chip RGB-IR separation, eliminating the need for additional components and simplifying system design. This capability supports multiple output patterns, including 5MP RGB-NIR 4x4, 5MP RGB Bayer, 1.27MP NIR subsampling, and 5MP NIR smart upscale, with independent exposure times and instant output pattern switching. This integration reduces costs while maintaining full 5MP resolution for both color and infrared imaging.
Enhanced imaging performance
The sensors incorporate backside illumination (BSI) and capacitive deep trench isolation (CDTI) pixel technologies to enhance sensitivity and sharpness, particularly in low lighting conditions. Single-frame on-chip HDR improves detail visibility across bright and dark areas. These features enable high-quality imaging in challenging environments and support advanced machine vision and edge AI applications.
About STMicroelectronics
At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027.
Further information can be found at www.st.com.
INVESTOR RELATIONS
Jérôme Ramel
EVP Corporate Development & Integrated External Communication
Tel: +41.22.929.59.20 [email protected]
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Quanex Building Products Corporation ("Quanex" or "the Company") (NYSE: NX) 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 December 12, 2024 and September 5, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before November 18, 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. Quanex "underinvested" in tooling and equipment maintenance for its Tyman Mexico facility. The Company's tooling and equipment had degraded to "catastrophic" levels due to its poor maintenance practices. The Company was likely to incur significant expenses to repair equipment, delaying the benefit of its Tyman integration. The Company was aware of these issues before they became serious. 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 Quanex, 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
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2025-10-20 06:464mo ago
2025-10-20 02:034mo ago
The High-Stakes Bet On Sunbelt Apartments - A Deep Dive Into Independence Realty
Analyst’s Disclosure:I/we have a beneficial long position in the shares of IRT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-20 06:464mo ago
2025-10-20 02:054mo ago
Tocvan Advances Drilling, Trenching, and Pilot Mine Preparation, Mobilizing Equipment to North and South Blocks at Gran Pilar Gold-Silver Project
CALGARY, AB / ACCESS Newswire / October 20, 2025 / Tocvan Ventures Corp. ("Tocvan" or the "Company") (CSE:TOC)(OTCQB:TCVNF)(WKN:TV3/A2PE64), is pleased to announce the mobilization of equipment to both the North and South Blocks of its flagship Gran Pilar Gold-Silver Project in Sonora, Mexico. This marks a significant step forward in preparing the site for upcoming drilling, trenching activities, and ground preparation for the planned pilot mine operation.
2025-10-20 06:464mo ago
2025-10-20 02:134mo ago
Kering to Sell Creed, License Fragrance Brands to L'Oreal in $4.7 Billion Deal
, /PRNewswire/ -- HD Hyundai announced that Executive Vice Chairman Chung Kisun has been promoted to Chairman in its latest executive appointments.
Chung Kisun, HD Hyundai Chairman
Chairman Chung holds a bachelor's degree in Economics from Yonsei University and an MBA from Stanford University in the United States. He began his career in 2009 in the Finance Team of the Corporate Planning Division at HD Hyundai Heavy Industries. Since then, he has served as Head of Management Support at HD Hyundai, Head of Ship Sales at HD Hyundai Heavy Industries, and CEO of HD Hyundai Marine Solution. He currently serves as CEO of HD Hyundai, the holding company, as well as HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for the shipbuilding division. In this latest personnel announcement, Chairman Chung was also appointed Co-CEO of HD Hyundai XiteSolution, where he will lead efforts to overcome the recent downturn in the construction equipment business and establish new growth drivers.
Chairman Chung spearheaded the establishment of HD Hyundai Marine Solution in 2016, developing it into one of the group's core businesses with a market capitalization of KRW 11 trillion. In 2021, he led the acquisition of Doosan Infracore, nurturing the construction equipment business into another key growth pillar for the group. As Executive Vice Chairman, he directly oversaw major strategic issues across the HD Hyundai Group. More recently, he has focused on securing the company's future growth engines — including artificial intelligence (AI), digital innovation, and eco-friendly core technologies — while strengthening cooperation with the United States, which has renewed its commitment to revitalizing the shipbuilding industry, by engaging with key U.S. figures.
An HD Hyundai official stated, "This appointment reflects our determination to pioneer a new era under strong leadership amid an increasingly competitive and diversified global business environment," adding "By maintaining our leadership in the shipbuilding industry, HD Hyundai will contribute to the success of the Korea–U.S. Shipbuilding Cooperation Project, as well as to the growth of the Korean economy and the advancement of national interests."
SOURCE HD Hyundai
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A Tesco sign is displayed outside one of its stores in Altrincham (photo by Nathan Stirk/Getty Images).
Getty Images
Despite popping on the day of the release of its interim results, the Tesco share price (LON:TSCO) looks to have peaked. With the shares struggling to breach their 450p price ceiling, I reiterate my previous call that further upside for the stock is limited at this juncture.
The Proof was in the PuddingTesco’s interim results were a pleasant surprise – perhaps not so much on the top line, but more so on the bottom line. Group revenue increased 3.6% to £36.04 billion, driven by UK and ROI sales, which were up 5.6% to £24.67 billion and 6.4% to £1.54 billion, respectively. Booker also realised a decent gain of 2.4% to £4.73 billion, with Central Europe a healthier 4.4% to £2.11 billion. Meanwhile, fuel sales fell 9.8% to £2.99 billion.
The main revelation came in the form of gross margin, which ticked up 6bps to 7.88% amidst loftier commodity costs. This, however, was offset by the more expensive labour costs from higher employers’ national insurance and minimum wage, as EBIT margin declined 9bps to 4.65%. Be that as it may, EBIT was still 1.5% better at £1.67 billion thanks to stronger sales as a result of lofty market share gains, and the firm’s Save to Invest cost savings programme.
Consequently, pre-tax profits rose 2.3% to £1.41 billion. This was helped by the fact that net finance costs were slightly lower from last year, at £263 million from £269 million the previous year. And with a tax rate of 26.9%, attributable profit grew 2.1% to £1.03 billion. Nonetheless, thanks to the impact of share buybacks, Tesco’s EPS had a much more meaningful increase of 6.8% to 15.43p.
Marginal Gains in H2As a result of the stellar half, management upgraded its guidance for the year, going from a range of £2.7-3.0 billion to £2.9-3.1 billion. Whilst I had expected an upgrade on the lower end of the guidance by £100 million, the £200 million boost on the low end alongside the extra £100 million on the high end was a welcome development. But considering the better-than-estimated margins in H1, the guidance is well suited and arguably still a bit conservative.
When questioned on the earnings call on the rationale behind the guidance upgrade, the board mentioned that their outlook is still contingent on market competition not intensifying further – and I agree. That said, Tesco is unlikely to realise the same gross margin appreciation in H2 due to less favourable weather, the EPR levy, and a still intense pricing environment with Christmas expected to be as competitive, if not more.
In addition to that, I believe the continued UK market share gains of 0.8% which Tesco enjoyed towards the end of Q2 won’t be sustainable going into the winter. This would, therefore, limit the gross margin growth potential which Tesco benefitted from stronger economies of scale in H1. In fact, I’m forecasting market share gains to slow slightly, not helped by the tougher Y/Y comps the company is also lapping.
Pegged to PerfectionSo, what’s next? Well, for FY26 through to FY28, I’ve dialled down my previous revenue forecasts by a tinge. One of the reasons for this is slower market share gains than previously expected moving forward, with ASDA’s decline bottoming out. Another is from a more modest growth outlook for ROI, as I anticipate competition across the Celtic Sea to remain hot for the foreseeable future despite the progress Tesco has made.
ASDA Sales Still in Decline Despite Rollbacks
Interpretiv
Nevertheless, this is largely offset by my bottom line upgrades in EPS. Because of the better margin mix Tesco is leaning towards (more discretionary items, online orders, Tesco Finest uplift), I have conviction that these will serve gross margins well. Combined with the impact of AI on efficiencies and the build out of Tesco’s digital proposition, I see plenty of opportunities for Tesco to build on its margins over the medium term.
As such, I expect the FTSE 100 stalwart to finish the year with an EBIT that’s slightly above the guidance the team has given, at £3.13 billion – exactly the same as last year. Interpretiv also has the group’s EPS CAGR at 11.2%, roughly unchanged from a previous 11.7%. However, with a PEG ratio of 1.4 against the blended sector and 5-year average of 1.6, I don’t see much upside for the Tesco share price. Thus, I reiterate my price target of 450p.
2025-10-20 06:464mo ago
2025-10-20 02:264mo ago
FLYE Investors Have Opportunity to Lead Fly-E Group, Inc. Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fly-E Group, Inc. ("Fly-E" or "the Company") (NASDAQ: FLYE) 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 July 15, 2025, and August 14, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before November 7, 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. Fly-E shared optimistic revenue goals with investors only for its actual performance to fall far short of its projections. The Company overstated its brand reputation, cost reductions, and ability to secure favorable pricing from suppliers. The Company failed to successfully grow its sales network. 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 Fly-E, 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
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2025-10-20 06:464mo ago
2025-10-20 02:274mo ago
TROX Investors Have Opportunity to Lead Tronox Holdings plc Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Tronox Holdings plc ("Tronox" or "the Company") (NYSE: TROX) 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 12, 2025 and July 30, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before November 3, 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. Tronox misled investors about its ability to forecast demand for its zircon and pigment products. Despite the Company's optimistic long-term projections, it suffered from declining sales and increased costs, causing it to miss its revenue projections. 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 Tronox, 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
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2025-10-20 06:464mo ago
2025-10-20 02:304mo ago
Exelixis Announces Detailed Results from Phase 3 STELLAR-303 Pivotal Trial Evaluating Zanzalintinib in Combination with an Immune Checkpoint Inhibitor in Metastatic Colorectal Cancer Presented at ESMO 2025 and Published in The Lancet
– Zanzalintinib in combination with atezolizumab improved median overall survival to 10.9 months versus 9.4 months with regorafenib, and significantly reduced the risk of death by 20% in the intention-to-treat population –
– Exelixis plans to complete its first new drug application submission for zanzalintinib in the U.S. in 2025 –
ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today announced detailed results from STELLAR-303, a global phase 3 pivotal trial evaluating zanzalintinib in combination with atezolizumab (Tecentriq®) versus regorafenib in patients with previously treated non-microsatellite instability (MSI)-high metastatic colorectal cancer (CRC). As previously announced, the study met one of its dual primary endpoints, demonstrating a 20% reduction in the risk of death with the combination in the intention-to-treat (ITT) population at the final analysis (stratified hazard ratio [HR]: 0.80; 95% confidence interval [CI]: 0.69-0.93; P=0.0045). At a median follow-up of 18.0 months, median overall survival (OS) in the ITT population was 10.9 months with zanzalintinib in combination with atezolizumab versus 9.4 months with regorafenib. Detailed findings from the study, including OS and progression-free survival (PFS) in the ITT population and in the subset of patients without liver metastases, are being presented today at the 2025 European Society for Medical Oncology (ESMO) Congress during the Proffered Paper Session 2: GI Tumours, Lower Digestive at 9:25 a.m. CEST and simultaneously published in The Lancet.
“While treating non-MSI-high metastatic colorectal cancer remains a challenge, the combination of zanzalintinib and atezolizumab has shown consistent benefits across key subgroups of patients,” said Anwaar Saeed, M.D., Section Chief of Gastrointestinal Oncology at the University of Pittsburgh, Director of the Gastrointestinal Disease Center at UPMC Hillman Cancer Center and a lead investigator of the trial. “STELLAR-303 is the first immunotherapy-based phase 3 trial that demonstrated improved overall survival with a differentiated kinase inhibitor compared to a standard of care in this patient population. The survival benefit was demonstrated early and was consistent throughout the trial, underscoring the combination’s potential for patients in need of a new and effective treatment option after disease progression.”
An OS benefit with the combination was consistently observed across pre-specified subgroups, including geographic region, RAS status, liver involvement and prior anti-VEGF therapy, as presented in Table 1 below. The 12- and 24-month landmark OS estimates were 46% (95% CI: 41-51) and 20% (95% CI: 15-26), respectively, for the combination of zanzalintinib and atezolizumab, and 38% (95% CI: 34-43) and 10% (95% CI: 6-16), respectively, for regorafenib.
TABLE 1
Median OS, months (95% CI)
HR (95% CI)
Zanzalintinib + Atezolizumab
Regorafenib
Geographic region
Asia
11.5 (9.2-13.7)
8.8 (7.8-10.4)
0.77 (0.59-1.00)
Rest of the world
10.9 (9.3-12.3)
9.8 (8.3-10.9)
0.82 (0.68-0.99)
RAS status
Wild type
12.0 (10.1-14.6)
10.4 (8.7-12.3)
0.79 (0.61-1.01)
Mutant
10.3 (9.0-11.9)
8.7 (8.1-9.8)
0.80 (0.66-0.98)
Active liver metastases
Presence
8.9 (8.0-9.9)
7.7 (6.5-8.5)
0.78 (0.65-0.94)
Absence
15.9 (13.5-17.6)
12.8 (10.9-15.5)
0.77 (0.59-1.01)
Prior anti-VEGF antibody treatment
Yes
10.6 (9.3-12.5)
8.8 (8.3-9.9)
0.80 (0.68-0.95)
No
11.5 (8.7-13.5)
11.1 (9.5-12.6)
0.80 (0.56-1.15)
OS = overall survival; CI = confidence interval; HR = hazard ratio; VEGF = vascular endothelial growth factor
Data pertaining to the other dual primary endpoint, OS in patients without liver metastases (non-liver metastases, NLM), were immature at the data cutoff. A prespecified interim analysis showed a trend in OS favoring the combination (15.9 months versus 12.8 months; stratified HR: 0.79; 95% CI: 0.61-1.03; P=0.0875) at a median follow-up of 16.8 months. The trial will proceed to the planned final analysis for this endpoint.
“These detailed results from STELLAR-303 provide further insight into the combination of zanzalintinib and atezolizumab as a potential new option to extend survival in patients with previously treated metastatic colorectal cancer,” said Dana T. Aftab, Ph.D., Executive Vice President, Research and Development, Exelixis. “Before the end of this year, we intend to complete the submission of our first new drug application for zanzalintinib as we work toward bringing this combination regimen to a patient community seeking a new and chemotherapy-free option. These data, along with our robust clinical trial program, underscore the progress we are making toward our goal of increasing the scope and scale of the solid tumor types zanzalintinib may help address.”
A trend for improvement in PFS with the combination was also observed in the ITT population (stratified HR: 0.68 [95% CI: 0.59–0.79]; median, 3.7 [95% CI: 3.5–3.8] months versus 2.0 [95% CI: 1.9–2.6] months), though statistical superiority cannot be claimed at this time due to the prespecified hierarchical testing strategy. The trend for PFS improvement with zanzalintinib in combination with atezolizumab versus regorafenib was consistent across subgroups.
The safety profiles of zanzalintinib in combination with atezolizumab and of regorafenib were generally consistent with what has been previously observed, and no new safety signals were identified. Grade 3/4 treatment-related adverse events (AEs) occurred in 59% of patients receiving zanzalintinib in combination with atezolizumab and 37% of patients receiving regorafenib. AEs leading to discontinuation of all study treatment occurred in 18% versus 15% of patients, respectively. The most common grade 3/4 treatment-related AEs were hypertension (15% versus 9%, respectively), fatigue (6% versus 2%), diarrhea (6% versus 2%) and proteinuria (6% versus 2%). Deaths considered related to treatment by investigators were two for zanzalintinib, two for atezolizumab, one for the combination and one for regorafenib.
About STELLAR-303
STELLAR-303 (NCT05425940) is a global, multicenter, randomized, phase 3, open-label study that randomized patients 1:1 to either zanzalintinib in combination with atezolizumab (n=451) or regorafenib (n=450). The study includes patients with previously treated non-MSI-high metastatic CRC. The dual primary endpoints of the study are OS in the ITT population and in the NLM subgroup of patients. The ITT population consisted of all randomized patients, regardless of the presence of liver metastases. The NLM subgroup consisted of patients who did not have active liver metastases at baseline as determined by investigator assessment. Secondary endpoints include PFS, objective response rate and duration of response in the ITT population and in the NLM subgroup of patients. More information about the trial is available at ClinicalTrials.gov.
About Zanzalintinib
Zanzalintinib is a novel oral kinase inhibitor that inhibits the activity of the TAM kinases (TYRO3, AXL, MER), MET and VEGF receptors. These kinases play important roles in oncogenic processes including tumor cell proliferation, metastasis, angiogenesis, drug resistance and evasion of antitumor immunity. With zanzalintinib, Exelixis sought to build upon its extensive experience with the target profile of cabozantinib, the company’s flagship medicine, while improving key characteristics, including pharmacokinetic half-life. Zanzalintinib is currently being developed for the treatment of advanced solid tumors, including colorectal cancer, kidney cancer and neuroendocrine tumors.
Zanzalintinib is an investigational agent that is not approved for any use and is the subject of ongoing clinical trials.
About CRC
CRC is the third most common cancer and the second leading cause of cancer-related deaths in the U.S.1 Approximately 154,000 new cases will be diagnosed in the U.S. with around 53,000 expected deaths from the disease in 2025.1 CRC is most frequently diagnosed among people aged 65-74 and is more common in men and in people of non-Hispanic American Indian/Alaska Native descent.2 Nearly a quarter of CRC cases are diagnosed at the metastatic stage, at which point the five-year survival rate is just 16.2%.2 The liver is the most common site for CRC metastasis. Liver metastases significantly impact survival, with a median five-year survival rate of less than 14% when treated with palliative chemotherapy.3
About Exelixis
Exelixis is a globally ambitious oncology company innovating next-generation medicines and regimens at the forefront of cancer care. Powered by drug discovery and development excellence, we are rapidly evolving our product portfolio to target an expanding range of tumor types and indications with our clinically differentiated pipeline of small molecules and biotherapeutics. This comprehensive approach harnesses decades of robust investment in our science and partnerships to advance our investigational programs and extend the impact of our flagship commercial product, CABOMETYX® (cabozantinib). Exelixis is driven by a bold scientific pursuit to create transformational treatments that give more patients hope for the future. For information about the company and its mission to help cancer patients recover stronger and live longer, visit www.exelixis.com, follow @ExelixisInc on X (Twitter), like Exelixis, Inc. on Facebook and follow Exelixis on LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements, including, without limitation, statements related to: the presentation of detailed results from the STELLAR-303 pivotal trial at ESMO 2025; the therapeutic potential of zanzalintinib in combination with atezolizumab to become a new and effective treatment option to extend survival for patients with previously treated metastatic CRC; Exelixis’ plans to complete a new drug application submission for zanzalintinib in the U.S. in 2025; Exelixis’ progress in clinical trials towards the goal of increasing the scope and scale of solid tumor types zanzalintinib may address; and Exelixis’ scientific pursuit to create transformational treatments that give more patients hope for the future. Any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements and are based upon Exelixis’ current plans, assumptions, beliefs, expectations, estimates and projections. Forward-looking statements involve risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, which include, without limitation: the availability of data at the referenced times; complexities and the unpredictability of the regulatory review and approval processes in the U.S. and elsewhere; Exelixis’ continuing compliance with applicable legal and regulatory requirements; unexpected concerns that may arise as a result of the occurrence of adverse safety events or additional data analyses of clinical trials evaluating zanzalintinib; Exelixis’ dependence on third-party vendors for the development, manufacture and supply of zanzalintinib; Exelixis’ ability to protect its intellectual property rights; market competition; changes in economic and business conditions; and other factors affecting Exelixis and its development programs detailed from time to time under the caption “Risk Factors” in Exelixis’ most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, and in Exelixis’ future filings with the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Exelixis as of the date of this press release, and Exelixis undertakes no obligation to update or revise any forward-looking statements contained herein, except as required by law.
Exelixis, the Exelixis logo and CABOMETYX are registered U.S. trademarks of Exelixis.
TECENTRIQ is a registered U.S. trademark of Genentech, a member of the Roche Group.
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2025-10-20 06:464mo ago
2025-10-20 02:304mo ago
Transgene and BioInvent's Armed Oncolytic Virus BT-001 Shows Positive Local, Abscopal, and Sustained Antitumoral Activity in Advanced Refractory Tumors
BT-001 in combination with pembrolizumab is well tolerated and shows sustained antitumoral activity in both injected and non-injected lesions
Data support further development of BT-001 in solid tumors to improve response to cancer immunotherapy
Strasbourg, France, and Lund, Sweden, October 20, 2025, 08:30 a.m. CEST – Transgene (Euronext Paris: TNG), a biotech company that designs and develops virus-based immunotherapies for the treatment of cancer, and BioInvent International AB (“BioInvent”) (Nasdaq Stockholm: BINV), a biotech company focused on the discovery and development of novel and first-in-class antibodies for cancer immunotherapy, jointly presented a poster at the 2025 European Society for Medical Oncology (ESMO) Annual Meeting on updated clinical results and positive antitumoral activity of BT-001 in patients with advanced refractory tumors.
The data show that intra-tumoral (IT) BT-001 injection in combination with MSD’s (Merck & Co., Inc., Rahway, NJ, USA) intravenous (IV) anti-PD-1 therapy KEYTRUDA® (pembrolizumab[*]), was well tolerated and showed positive local, abscopal and sustained antitumoral activity in injected and non-injected lesions.
Translational analyses reveal increased T cell chemoattractants in the blood and infiltration of activated CD8+ T cells and macrophages in tumors after treatment with BT-001 in combination with pembrolizumab. Significant tumor shrinkage (≥30% decrease in longest diameter) was observed in five of 16 injected lesions (in three patients with melanoma and one patient with sarcoma). Four patients had tumor shrinkage of non-injected lesions.
Long-lasting partial responses (PRs) were observed in a patient with melanoma resistant to anti-PD-1/anti-CTLA-4 combination therapy and in a heavily pre-treated, PD-L1 negative leiomyosarcoma patient.
These immune-mediated tumor shrinkages are consistent with the mechanistic hypothesis that BT-001, in combination with pembrolizumab, turns “cold” tumors into immunologically active ones. The overall data support further development of BT-001 across a range of solid tumors to improve responses to cancer immunotherapies.
Prof. Celeste Lebbé, Dermatologist and Venereologist, Head of Dermatology Department at Hospital Saint-Louis, Paris, commented: “Many cancer patients fail to respond to existing treatments, emphasizing the urgent need for new approaches. BT-001 represents a promising new class of immunotherapy, capable of inducing a potent local immune response through the expression of GM-CSF and an anti-CTLA-4 antibody. These clinical data provide compelling proof of concept, highlighting the relevance of this oncolytic virus in transforming cold tumors into immunologically active ones. Whether administered alone or in combination with pembrolizumab, BT-001 offers the potential to expand treatment options with a favorable safety profile across multiple tumor types.”
Dr. Alessandro Riva, Chairman and CEO of Transgene, said: “We are pleased to jointly present these clinical data on BT-001 at ESMO 2025, demonstrating encouraging antitumor activity in patients with solid, refractory solid tumors. These updated results confirm BT-001’s mechanism of action as a single agent administered via intra-tumoral injection and show early signs of clinical benefit, including lesion shrinkage and stable disease. With a favorable safety profile - both alone and in combination with pembrolizumab - BT-001 could represent an effective option to enhance responses to immune checkpoint inhibitors (ICI) in patients with limited treatment alternatives. Together with our partner BioInvent, we will continue to explore its safety and efficacy and share further data as it becomes available.”
Andres McAllister, MD, PhD, Chief Medical Officer at BioInvent, added: “By combining BT-001 with pembrolizumab, we are building upon the promising data generated by BT-001 as a single agent. Targeting the PD-1/PD-L1 pathway in addition to BT-001’s mechanism of action is expected to further stimulate and restore the patient’s immune system, which should result in improved antitumoral activity and patient outcome. We are pleased to pursue clinical development opportunities with clinicians and further demonstrate the potential of this novel oncolytic virus.”
Transgene and BioInvent are co-developing BT-001, an oncolytic virus developed using Transgene’s Invir.IO® platform armed to express GM-CSF and BioInvent’s full-length anti-CTLA-4 monoclonal antibody, to elicit a strong and effective anti-tumoral response in solid tumors.
The poster titled: “Updated clinical results of BT-001, an oncolytic virus expressing an anti-CTLA4 mAb, administered in combination with pembrolizumab in patients with advanced solid tumors.”, can be accessed at the websites for the ESMO conference, Transgene and BioInvent.
***
Contacts
Transgene: Media:Investors & Analysts:Caroline ToschLucie LarguierCorporate and Scientific Communications ManagerChief Financial Officer (CFO)+33 (0)3 68 33 27 38Nadege [email protected] Relations Analyst
and Financial Communications OfficerMEDiSTRAVA+33 (0)3 88 27 91 00/03Frazer Hall/Sylvie [email protected]+ 44 (0)203 928 6900 [email protected] BioInvent Cecilia Hofvander VP Investor Relations +46 (0)46,286 85 50 [email protected] About Transgene
Transgene (Euronext: TNG) is a biotechnology company focused on designing and developing targeted immunotherapies for the treatment of cancer. The Company’s clinical-stage programs consist of a portfolio of viral vector-based immunotherapeutics. TG4050, the first individualized therapeutic vaccine based on the myvac® platform is the Company’s lead asset, with demonstrated proof of principle in patients in the adjuvant treatment of head and neck cancers. The Company has other viral vector-based assets, including BT-001, an oncolytic virus based on the Invir. IO® viral backbone, which is in clinical development. The Company also conducts innovative discovery and preclinical work, aimed at developing novel viral vector-based modalities.
With Transgene’s myvac® platform, therapeutic vaccination enters the field of precision medicine with a novel immunotherapy that is fully tailored to each individual. The myvac® approach allows the generation of a virus-based immunotherapy that encodes patient-specific mutations identified and selected by Artificial Intelligence capabilities provided by its partner NEC.
With its proprietary platform Invir.IO®, Transgene is building on its viral vector engineering expertise to design a new generation of multifunctional oncolytic viruses.
Additional information about Transgene is available at: www.transgene.com
Follow us on social media: X (formerly Twitter): @TransgeneSA — LinkedIn: @Transgene — Bluesky: @Transgene
About BT-001
BT-001 is an oncolytic virus, from Transgene’s invir.IO® platform, with enhanced replication selectivity in tumor cells and recombinantly armed to express an anti-CTLA4 antibody generated by BioInvent’s proprietary n-CoDeR®/F.I.R.S.T™ platforms, and the human GM-CSF cytokine. By selectively targeting the tumor microenvironment, BT-001 is designed to induce a strong and effective anti-tumor response and by limiting systemic exposure, this approach aims to significantly improve the safety and tolerability profile of the human anti-CTLA-4 antibody. The ongoing Phase I/IIa trial (NCT04725331) is a multi-center, open-label study, and aims to evaluate safety and antitumor activity of intratumoral BT-001 alone and in combination with pembrolizumab in patients with advanced solid tumors.
About BioInvent
BioInvent International AB (Nasdaq Stockholm: BINV) is a clinical-stage biotech company that discovers and develops novel and first-in-class immuno-modulatory antibodies for cancer therapy, with several drug candidates in ongoing clinical programs in Phase 1/2 studies for the treatment of hematological cancer and solid tumors, respectively. The Company’s validated, proprietary F.I.R.S.T.™ technology platform identifies both targets and the antibodies that bind to them, generating many promising new drug candidates to fuel the Company’s own clinical development pipeline and providing licensing and partnering opportunities.
The Company generates revenues from research collaborations and license agreements with multiple top-tier pharmaceutical companies, as well as from producing antibodies for third parties in the Company’s fully integrated manufacturing unit. More information is available at www.bioinvent.com
Disclaimer Transgene
This press release contains forward-looking statements, which are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated. The occurrence of any of these risks could have a significant negative outcome for the Company’s activities, perspectives, financial situation, results, regulatory authorities’ agreement with development phases, and development. The Company’s ability to commercialize its products depends on but is not limited to the following factors: positive pre-clinical data may not be predictive of human clinical results, the success of clinical studies, the ability to obtain financing and/or partnerships for product manufacturing, development and commercialization, and marketing approval by government regulatory authorities. For a discussion of risks and uncertainties which could cause the Company’s actual results, financial condition, performance or achievements to differ from those contained in the forward-looking statements, please refer to the Risk Factors (“Facteurs de Risque”) section of the Universal Registration Document, available on the AMF website (http://www.amf-france.org) or on Transgene’s website (www.transgene.fr). Forward-looking statements speak only as of the date on which they are made, and Transgene undertakes no obligation to update these forward-looking statements, even if new information becomes available in the future.
Disclaimer BioInvent
The press release contains statements about the future, consisting of subjective assumptions and forecasts for future scenarios. Predictions for the future only apply as the date they are made and are, by their very nature, in the same way as research and development work in the biotech segment, associated with risk and uncertainty. With this in mind, the actual outcome may deviate significantly from the scenarios described in this press release.
[*]KEYTRUDA® is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.
20251020_ESMO_Poster_EN
2025-10-20 06:464mo ago
2025-10-20 02:304mo ago
Press Release: ESMO: AlphaMedixTM phase 2 data support first-in-class potential of new targeted alpha therapy in gastroenteropancreatic neuroendocrine tumors
ESMO: AlphaMedixTM phase 2 data support first-in-class potential of new targeted alpha therapy in gastroenteropancreatic neuroendocrine tumors
New AlphaMedix data showed sustained and clinically meaningful responses across both RLT-naïve and RLT-exposed patients with unresectable or metastatic GEP-NETs First phase 2 study to evaluate TAT with lead-212 supporting its potential to address high unmet medical needs in difficult-to-treat, rare cancersPhase 2 study met all primary efficacy endpoints and was presented across two oral presentations at the 2025 ESMO Congress in Berlin, Germany Paris, October 20, 2025. New data from the ALPHAMEDIX-02 phase 2 study (clinical study identifier: NCT05153772) evaluating AlphaMedix (212Pb-DOTAMTATE), an investigational somatostatin receptor (SSTR) targeted alpha therapy (TAT) using the lead-212 isotope, underscore the first-in-class potential of this investigational medicine for the treatment of patients with advanced gastroenteropancreatic neuroendocrine tumors (GEP-NETs). Detailed results from the phase 2 study, the first to evaluate a TAT across both radioligand therapy (RLT)-naïve and RLT-exposed patients affected by GEP-NETs, were presented in two oral presentations at the 2025 European Society for Medical Oncology (ESMO) Congress, Berlin, Germany.
“Lead-212-based Targeted Alpha Therapy (TAT) could have a transformative impact across a broad range of solid tumors. With AlphaMedix’s consistent and clinically meaningful responses across both RLT-naïve and RLT-exposed gastroenteropancreatic neuroendocrine tumor (GEP-NET) patients, the positive results underscore its potential in this rare and difficult-to-treat cancer,” said Volker Wagner, MD, PhD, Chief Medical Officer at Orano Med. “These data strongly encourage us to further advance the clinical development of AlphaMedix, and jointly with our partner, Sanofi, make this innovative TAT available to patients in need.”
ALPHAMEDIX-02 phase 2 study
ALPHAMEDIX-02 is a phase 2, open-label, multicenter study evaluating the efficacy and safety of AlphaMedix in patients with unresectable or metastatic SSTR+ GEP-NETs. The study included two cohorts evaluating RLT-naïve and RLT-exposed patients. The primary efficacy endpoint across both cohorts was the overall response rate (ORR). Secondary endpoints included progression-free survival (PFS) and overall survival (OS).
The study's efficacy endpoints are based on local investigator assessment, per protocol. In addition, a blinded independent central review (BICR) was conducted subsequently. The key efficacy endpoints were met within both the investigator-assessed and BICR results.
The following results were presented:
RLT-Naïve
(n=35)
Investigator assessment Independent assessment (BICR) *DOR is determined only for participants who have achieved a confirmed complete response (CR) or partial response (PR) per RECIST 1.1
**Defined as the percentage of patients achieving CR or PR or SD per RECIST 1.1
***OS assessment is independent of RECIST 1.1 criteria, so BICR is n/a ORR 60.0%
(95% CI: 42.1-76.1) 57.1%
(95% CI: 39.4-73.7) Duration of Response (DoR) per Kaplan-Meier (KM) estimate (95% CI)* 71.9% for ≥ 24 months
(95% CI: 44.6-87.4) 81.7% for ≥ 24 months
(95% CI: 53.1-93.8) Complete Response (CR) - 2.9% Partial Response (PR) 60.0% 54.3% Stable Disease (SD) 34.3% 28.6% Disease control rate (DCR)** 94.3%
(95% CI: 80.8-99.3) 85.7%
(95% CI: 69.7-95.2) PFS 36-month PFS rate of 72.3%
(95% CI: 53.3-84.5) 36-month PFS rate of 63.3%
(95% CI: 40.3-79.4) OS 36-month OS rate of 88.2%
(95% CI: 71.5-95.4) Not applicable*** RLT-Exposed
(n=26)
Investigator assessment Independent assessment (BICR) *DOR is determined only for participants who have achieved a confirmed complete response (CR) or partial response (PR) per RECIST 1.1
**Defined as the percentage of patients achieving CR or PR or SD per RECIST 1.1
***OS assessment is independent of RECIST 1.1 criteria, so BICR is n/a ORR 34.6%
(95% CI: 17.2-55.7) 19.2%
(95% CI: 6.6-39.4) Duration of Response (DoR) per Kaplan-Meier (KM) estimate (95% CI)* 100% for ≥ 18 months
(95% CI: 100-100) 100% for ≥ 18 months
(95% CI: 100-100) Partial Response (PR) 34.6% 19.2% Stable Disease (SD) 61.5% 80.8% Disease control rate (DCR)** 96.2%
(95% CI: 80.4-99.9) 100%
(95% CI: 86.8-100) PFS 18-month PFS rate of 82.6%
(95% CI: 59.0-93.3) 18-month PFS rate of 88%
(95% CI: 67.3-96.0) OS 18-month OS rate of 85.1%
(95% CI: 58.5-95.2) Not applicable*** AlphaMedix™ had a similar safety profile across both cohorts. Within the RLT-naïve cohort, 85.7% of patients received all four doses of AlphaMedix, and 84.6% of patients within the RLT-exposed cohort. All GEP-NET patients experienced at least one treatment-emergent adverse event (TEAE). Grade ≥3 TEAEs occurred in 42.3% of RLT-exposed patients and 54.3% of RLT-naïve patients. The most common Grade ≥3 TEAEs in both groups was lymphocyte count decrease (25.7% of RLT-naïve patients and 15.4% of RLT-exposed patients).
“The future of oncology research will be driven by cutting-edge science and next-generation modalities, such as radioligand therapies. AlphaMedix, a promising targeted alpha therapy, embodies the type of solution Sanofi is working to advance,” said Christopher Corsico, MD, Global Head of Development at Sanofi. “We are excited to share these robust scientific findings at ESMO as the data could represent a significant advancement in how we treat gastroenteropancreatic neuroendocrine tumors. As we engage with health authorities and advance the clinical program, we remain focused on bringing this innovative modality to patients who need new treatment options”
Advancing AlphaMedix in GEP-NETs
RLTs, which work by delivering radiation directly to tumor cells, represent an emerging area of oncology research. While current approved beta-emitting RLTs have improved outcomes in patients with GEP-NETs, there remains a critical gap in care, including in those who have progressed following previous RLT.
TAT represents an innovative modality in RLT, harnessing high-energy, short-range alpha emissions to precisely target cancer cells while reducing potential exposure to surrounding tissue.
"The results observed in the ALPHAMEDIX-02 trial clearly demonstrate exceptional levels of efficacy for a Targeted Alpha Therapy (TAT), based on current available therapies, in both radioligand therapy (RLT)-naïve and RLT-exposed populations and could potentially set new expectations when treating gastroenteropancreatic neuroendocrine tumor (GEP-NET) patients with RLTs” said Ebrahim Delpassand, MD, Founder and Chairman, CEO of RadioMedix. “For too long, this patient population has experienced inadequate disease control with current approved therapies. This important work provides hope for a new treatment for GEP-NET patients, their caregivers, and their healthcare providers.”
In February 2024, AlphaMedix™ was designated as a breakthrough therapy by the US Food and Drug Administration in RLT-naïve patients with unresectable or metastatic GEP-NETs, recognizing the potential clinical benefits of lead-212–based TATs. The ALPHAMEDIX-02 results will form the basis for further discussions with health authorities.
An international phase 3 study to further evaluate AlphaMedix in GEP-NETs is actively being planned. AlphaMedix is an investigational medicine and has not been approved by any regulatory authority.
In September 2024, Sanofi entered an exclusive licensing agreement with Orano Med and RadioMedix to globally commercialize AlphaMedix.
About the ALPHAMEDIX-02 study
ALPHAMEDIX-02 is a phase 2, open-label, multicenter study evaluating the efficacy and safety of AlphaMedix (212Pb-DOTAMTATE) in patients with histologically confirmed unresectable or metastatic GEP-NETs, positive somatostatin analogue imaging and at least one site of measurable disease. The study included two cohorts evaluating RLT-naïve (n=35) and RLT-exposed (n=26) GEP-NET patients. RLT-exposed patients had progressive disease after receiving up to four doses of 177Lu-DOTATATE and received their last dose at least six months prior to Day 1. In both cohorts, AlphaMedix was administered at 67.6 μCi/kg every eight weeks for up to four cycles (6 mCi maximum per cycle). The primary efficacy endpoint across both cohorts was ORR per RECIST 1.1. Secondary endpoints included PFS and OS.
About NETs
NETs are a heterogeneous group of cancers that originate from neuroendocrine cells. These cancers occur mostly in the gastrointestinal tract and pancreas but can also occur in other tissues including the thymus, lung, and other uncommon sites such as the ovaries, heart, and prostate. Most NETs strongly express somatostatin receptors. Despite the global prevalence of NETs increasing each year, it is considered a rare cancer that is estimated to affect approximately 35/100,000 individuals worldwide. In the United States, around 12,000 patients annually are expected to be diagnosed with neuroendocrine tumors, with an average five-year survival rate of 60% at a metastatic stage.
About Orano Med
Orano Med is a subsidiary of the Orano Group. Orano Med is a clinical-stage biotechnology company that develops a new generation of targeted therapies against cancer using the unique properties of lead-212 (212Pb), an alpha-emitting radioisotope and one of the more potent therapeutic payloads against cancer cells known as Targeted Alpha Therapy (TAT). Leveraging its unique and secured access to 212Pb, the company is developing several 212Pb-based radioligand therapies combined with various targeting agents. Orano Med has 212Pb manufacturing facilities, laboratories, and R&D centers in France and in the US and is currently expanding its GMP-manufacturing capacities for 212Pb radiolabeled pharmaceuticals in North America and Europe.
About RadioMedix
RadioMedix, Inc., a clinical-stage biotechnology company and former sponsor of the AlphaMedix trial, is based in Houston and Humble, Texas. The company is focused on innovative targeted radiopharmaceuticals for diagnosis, monitoring, and therapy of cancer. RadioMedix is developing radiopharmaceuticals for PET imaging and therapy (alpha- and beta-labeled agents). The company established contract service facilities for academic and industrial partners. including a cGMP and analytical suite for Phase I-II-III clinical trials and commercial launch. To learn more, visit www.radiomedix.com and LinkedIn.
About Sanofi
Sanofi is an R&D driven, AI-powered biopharma company committed to improving people’s lives and delivering compelling growth. We apply our deep understanding of the immune system to invent medicines and vaccines that treat and protect millions of people around the world, with an innovative pipeline that could benefit millions more. Our team is guided by one purpose: we chase the miracles of science to improve people’s lives; this inspires us to drive progress and deliver positive impact for our people and the communities we serve, by addressing the most urgent healthcare, environmental, and societal challenges of our time.
Sanofi forward-looking statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions, and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans” and similar expressions. Although Sanofi’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of such product candidates, the fact that product candidates if approved may not be commercially successful, the future approval and commercial success of therapeutic alternatives, Sanofi’s ability to benefit from external growth opportunities, to complete related transactions and/or obtain regulatory clearances, risks associated with intellectual property and any related pending or future litigation and the ultimate outcome of such litigation, trends in exchange rates and prevailing interest rates, volatile economic and market conditions, cost containment initiatives and subsequent changes thereto, and the impact that global crises may have on us, our customers, suppliers, vendors, and other business partners, and the financial condition of any one of them, as well as on our employees and on the global economy as a whole. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in Sanofi’s annual report on Form 20-F for the year ended December 31, 2024. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.
All trademarks mentioned in this press release are the property of the Sanofi group with the exception of Orano Med and AlphaMedix™.
Press_Release
2025-10-20 06:464mo ago
2025-10-20 02:304mo ago
IO Biotech Presents Phase 3 Results for Cylembio® plus KEYTRUDA® (pembrolizumab) in First-line Advanced Melanoma at ESMO 2025
Cylembio plus pembrolizumab achieved a clinically relevant 19.4 months median progression free survival (mPFS) compared to 11.0 months mPFS with pembrolizumab alone; study narrowly missed progression free survival (PFS) primary endpoint for statistical significance Improvement in PFS favored the combination across virtually all subgroups, notably in patients with PD-L1-negative tumors, BRAFV600-mutated tumors, and elevated LDH, without adding any systemic toxicity compared to pembrolizumab alone Final data from the Phase 2 basket trial in lung and head & neck cancers also presented
NEW YORK, Oct. 20, 2025 (GLOBE NEWSWIRE) -- IO Biotech (Nasdaq: IOBT), a clinical-stage biopharmaceutical company developing novel, immune-modulatory, off-the-shelf therapeutic cancer vaccines, today presented detailed results from its global Phase 3 trial (IOB-013/KN-D18) of Cylembio® (imsapepimut and etimupepimut, adjuvanted), in combination with Merck’s (known as MSD outside the United States and Canada) anti-PD-1 therapy KEYTRUDA® (pembrolizumab), for the first-line treatment of patients with unresectable or metastatic (advanced) melanoma. The data, presented as a proffered paper at the Melanoma and other skin tumors session of the 2025 European Society for Medical Oncology (ESMO) Congress in Berlin, expand upon topline results reported in August 2025.
Final results from the Phase 2 basket trial (IOB-022/KN-D38) evaluating Cylembio in combination with pembrolizumab in the first-line treatment of advanced non-small cell lung cancer (NSCLC) and recurrent/metastatic squamous cell carcinoma of head and neck (SCCHN) were also presented.
“The Phase 3 results in advanced melanoma, together with final data from our Phase 2 basket trial, continue to build on the encouraging clinical evidence seen with Cylembio in combination with anti-PD-1 therapy,” said Mai-Britt Zocca, PhD, president and chief executive officer of IO Biotech. “These data reinforce Cylembio’s potential to serve as a first-line treatment option across multiple tumor types, and we remain committed to advancing novel immune-modulatory vaccines that may help people living with cancer.”
In the randomized Phase 3 trial, 407 patients with previously untreated advanced melanoma received either Cylembio plus pembrolizumab or pembrolizumab alone. Median progression-free survival was 19.4 months for the combination and 11.0 months for pembrolizumab (hazard ratio [HR] 0.77; 95% CI, 0.58–1.00; p=0.0558), narrowly missing the primary endpoint prespecified threshold for statistical significance (p≤0.045).
Across virtually all subgroups, outcomes in progression-free survival consistently favored the combination regimen, including among patients with PD-L1–negative tumors (16.6 vs 3.0 months; HR 0.54; 95% CI, 0.35-0.85), BRAFV600 mutated tumors (HR 0.60; 95% CI, 0.40-0.90), and elevated LDH (HR 0.60; 95% CI, 0.39-0.92). In addition, a post-hoc analysis, excluding patients previously treated with anti-PD-1 therapy in neoadjuvant or adjuvant settings, showed mPFS of 24.8 months vs 11.0 months (HR 0.74; 95% CI, 0.56–0.98).
The combination was well tolerated, with no increase in immune-mediated adverse events (34.0% vs 38.4%) or grade ≥3 treatment-related events (14.5% vs 15.6%) compared to pembrolizumab alone. Local vaccine-related injection-site reactions, reported in 56% of patients in the exploratory arm, were generally mild and transient, mostly grade 1/2. IDO1- and PD-L1–specific T-cell responses were expanded in the vaccine arm versus the pembrolizumab arm, reinforcing the therapy’s proposed immune-modulatory mechanism.
“Despite the narrow miss on statistical significance, I am encouraged by the clinically meaningful improvement in progression-free survival observed with IO102-IO103 plus pembrolizumab. The consistency of findings across subgroups, together with the manageable safety profile and convenient administration, supports continued exploration of IO102-IO103 as a potential option for patients. I am particularly excited about the encouraging outcomes seen in patients with PD-L1–negative tumors across multiple endpoints,” said Jessica Hassel, MD, Professor at the Department of Dermatology and National Center for Tumor Diseases at the University Hospital Heidelberg, Germany, and lead enrolling investigator for the Phase 3 trial.
Phase 2 Basket Trial in NSCLC and SCCHN
Also presented at ESMO were final data from the Phase 2 basket trial (IOB-022/KN-D38), evaluating Cylembio in combination with pembrolizumab as first-line treatment for patients with NSCLC (PD-L1 TPS ≥50%) or SCCHN (PD-L1 CPS ≥20).
Among 49 efficacy-evaluable patients (31 with NSCLC and 18 with SCCHN), mPFS was 8.1 months at 21.4 months of follow-up in NSCLC and 7.0 months at 18 months of follow-up in SCCHN, with durable responses and encouraging 18-month overall survival (OS) rates. The combination’s safety profile remained consistent with anti–PD-1 monotherapy, with no new safety signals.
The poster can be found on the “Posters & Publications” page of the IO Biotech website.
About Cylembio®
Cylembio® (imsapepimut and etimupepimut, adjuvanted) is an investigational, immune-modulatory, off-the-shelf therapeutic cancer vaccine candidate designed to kill both tumor cells and immune-suppressive cells in the tumor microenvironment (TME) by stimulating activation and expansion of T cells against indoleamine 2,3-dioxygenase 1 (IDO1) positive and/or programmed death-ligand 1 (PD-L1) positive cells. The company is currently conducting a pivotal Phase 3 trial (IOB-013/KN-D18; NCT05155254) investigating Cylembio in combination with Merck’s anti-PD-1 therapy, KEYTRUDA® (pembrolizumab) versus pembrolizumab alone in patients with advanced melanoma, a Phase 2 basket trial (IOB-022/KN-D38; NCT05077709) investigating Cylembio in combination with pembrolizumab as first line treatment in patients with advanced solid tumors, and a Phase 2 basket trial (IOB-032/PN-E40; NCT05280314) investigating Cylembio in combination with pembrolizumab as neo-adjuvant/adjuvant treatment of patients with solid tumors. Enrollment in the Phase 3 trial was completed rapidly by December 2023 with topline results from this trial reported in the third quarter of 2025. Enrollment in the two ongoing company-sponsored Phase 2 clinical trials is now complete.
The clinical trials are sponsored by IO Biotech and conducted in collaboration with Merck, which is supplying pembrolizumab. IO Biotech maintains global commercial rights to Cylembio.
Cylembio® is a registered trademark of IO Biotech ApS, a subsidiary of IO Biotech.
KEYTRUDA® is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA (known as MSD outside of the US and Canada).
About the IOB-013/KN-D18 Pivotal Phase 3 Clinical Trial
IOB-013/KN-D18 (ClinicalTrials.gov: NCT05155254) is an open label, randomized Phase 3 pivotal clinical trial evaluating Cylembio® in combination with Merck’s anti-PD-1 therapy, KEYTRUDA® (pembrolizumab) versus pembrolizumab alone in patients with previously untreated, unresectable or metastatic (advanced) melanoma. Enrollment in the trial was completed by December 2023 with a total of 407 patients enrolled from more than 100 centers across the United States, Europe, Australia, Turkey, Israel and South Africa. The primary endpoint of the study was progression-free survival. Secondary endpoints include overall response rate, overall survival, durable objective response rate, complete response rate, duration of response, time to complete response, disease control rate, and incidence of adverse events and serious adverse events (safety and tolerability). Biomarkers in the blood and tumor tissue will also be assessed as exploratory endpoints. The company reported topline results from this trial in the third quarter of 2025. IO Biotech is sponsoring the Phase 3 trial and Merck is supplying pembrolizumab.
About IOB-022/KN-D38 Phase 2 Solid Tumor Basket Trial
IOB-022/KN-D38 (NCT05077709) is a non-comparative, open label trial to investigate the safety and efficacy of Cylembio® in combination with Merck’s anti-PD-1 therapy, KEYTRUDA® (pembrolizumab) in the first-line treatment of metastatic non-small cell lung cancer (NSCLC) or recurrent/metastatic squamous cell carcinoma of the head and neck (SCCHN) at sites in the United States, Spain, and the United Kingdom. IO Biotech is sponsoring the Phase 2 trial and Merck is supplying pembrolizumab.
About IO Biotech
IO Biotech is a clinical-stage biopharmaceutical company developing novel, immune-modulatory, off-the-shelf therapeutic cancer vaccines based on its T-win® platform. The T-win platform is based on a novel approach to cancer vaccines designed to activate T cells to target both tumor cells and the immune-suppressive cells in the tumor microenvironment. IO Biotech is advancing its lead cancer vaccine candidate, Cylembio®, in clinical trials, and additional pipeline candidates through preclinical development. IO Biotech is headquartered in Copenhagen, Denmark and has US headquarters in New York, New York.
For further information, please visit www.iobiotech.com. Follow us on our social media channels on LinkedIn and X (@IOBiotech).
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, including statements regarding the timing or outcome of communications with regulatory authorities including the FDA, the timing or outcome of the submission of marketing applications, including a BLA, for Cylembio, the timing or outcome of the launch of Cylembio, and statements regarding other current or future clinical trials, their timing, progress, enrollment or results, or the company’s financial position or cash runway, are based on IO Biotech’s current assumptions and expectations of future events and trends, which affect or may affect its business, strategy, operations or financial performance, and actual results and other events may differ materially from those expressed or implied in such statements due to numerous risks and uncertainties. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Because forward-looking statements are inherently subject to risks and uncertainties, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements speak only as of the date hereof and should not be unduly relied upon. Except to the extent required by law, IO Biotech undertakes no obligation to update these statements, whether as a result of any new information, future developments or otherwise.
Contact:
Investors
Maryann Cimino, Director of Investor Relations
IO Biotech, Inc.
617-710-7305 [email protected]
Press Release: ESMO: AlphaMedixTM phase 2 data support first-in-class potential of new targeted alpha therapy in gastroenteropancreatic neuroendocrine tumors
ESMO: AlphaMedixTM phase 2 data support first-in-class potential of new targeted alpha therapy in gastroenteropancreatic neuroendocrine tumors
New AlphaMedix data showed sustained and clinically meaningful responses across both RLT-naïve and RLT-exposed patients with unresectable or metastatic GEP-NETs First phase 2 study to evaluate TAT with lead-212 supporting its potential to address high unmet medical needs in difficult-to-treat, rare cancersPhase 2 study met all primary efficacy endpoints and was presented across two oral presentations at the 2025 ESMO Congress in Berlin, Germany Paris, October 20, 2025. New data from the ALPHAMEDIX-02 phase 2 study (clinical study identifier: NCT05153772) evaluating AlphaMedix (212Pb-DOTAMTATE), an investigational somatostatin receptor (SSTR) targeted alpha therapy (TAT) using the lead-212 isotope, underscore the first-in-class potential of this investigational medicine for the treatment of patients with advanced gastroenteropancreatic neuroendocrine tumors (GEP-NETs). Detailed results from the phase 2 study, the first to evaluate a TAT across both radioligand therapy (RLT)-naïve and RLT-exposed patients affected by GEP-NETs, were presented in two oral presentations at the 2025 European Society for Medical Oncology (ESMO) Congress, Berlin, Germany.
“Lead-212-based Targeted Alpha Therapy (TAT) could have a transformative impact across a broad range of solid tumors. With AlphaMedix’s consistent and clinically meaningful responses across both RLT-naïve and RLT-exposed gastroenteropancreatic neuroendocrine tumor (GEP-NET) patients, the positive results underscore its potential in this rare and difficult-to-treat cancer,” said Volker Wagner, MD, PhD, Chief Medical Officer at Orano Med. “These data strongly encourage us to further advance the clinical development of AlphaMedix, and jointly with our partner, Sanofi, make this innovative TAT available to patients in need.”
ALPHAMEDIX-02 phase 2 study
ALPHAMEDIX-02 is a phase 2, open-label, multicenter study evaluating the efficacy and safety of AlphaMedix in patients with unresectable or metastatic SSTR+ GEP-NETs. The study included two cohorts evaluating RLT-naïve and RLT-exposed patients. The primary efficacy endpoint across both cohorts was the overall response rate (ORR). Secondary endpoints included progression-free survival (PFS) and overall survival (OS).
The study's efficacy endpoints are based on local investigator assessment, per protocol. In addition, a blinded independent central review (BICR) was conducted subsequently. The key efficacy endpoints were met within both the investigator-assessed and BICR results.
The following results were presented:
RLT-Naïve
(n=35) Investigator assessment Independent assessment (BICR) *DOR is determined only for participants who have achieved a confirmed complete response (CR) or partial response (PR) per RECIST 1.1
**Defined as the percentage of patients achieving CR or PR or SD per RECIST 1.1
***OS assessment is independent of RECIST 1.1 criteria, so BICR is n/a ORR 60.0%
(95% CI: 42.1-76.1) 57.1%
(95% CI: 39.4-73.7) Duration of Response (DoR) per Kaplan-Meier (KM) estimate (95% CI)* 71.9% for ≥ 24 months
(95% CI: 44.6-87.4) 81.7% for ≥ 24 months
(95% CI: 53.1-93.8) Complete Response (CR) - 2.9% Partial Response (PR) 60.0% 54.3% Stable Disease (SD) 34.3% 28.6% Disease control rate (DCR)** 94.3%
(95% CI: 80.8-99.3) 85.7%
(95% CI: 69.7-95.2) PFS 36-month PFS rate of 72.3%
(95% CI: 53.3-84.5) 36-month PFS rate of 63.3%
(95% CI: 40.3-79.4) OS 36-month OS rate of 88.2%
(95% CI: 71.5-95.4) Not applicable*** RLT-Exposed
(n=26) Investigator assessment Independent assessment (BICR) *DOR is determined only for participants who have achieved a confirmed complete response (CR) or partial response (PR) per RECIST 1.1
**Defined as the percentage of patients achieving CR or PR or SD per RECIST 1.1
***OS assessment is independent of RECIST 1.1 criteria, so BICR is n/a ORR 34.6%
(95% CI: 17.2-55.7) 19.2%
(95% CI: 6.6-39.4) Duration of Response (DoR) per Kaplan-Meier (KM) estimate (95% CI)* 100% for ≥ 18 months
(95% CI: 100-100) 100% for ≥ 18 months
(95% CI: 100-100) Partial Response (PR) 34.6% 19.2% Stable Disease (SD) 61.5% 80.8% Disease control rate (DCR)** 96.2%
(95% CI: 80.4-99.9) 100%
(95% CI: 86.8-100) PFS 18-month PFS rate of 82.6%
(95% CI: 59.0-93.3) 18-month PFS rate of 88%
(95% CI: 67.3-96.0) OS 18-month OS rate of 85.1%
(95% CI: 58.5-95.2) Not applicable*** AlphaMedix™ had a similar safety profile across both cohorts. Within the RLT-naïve cohort, 85.7% of patients received all four doses of AlphaMedix, and 84.6% of patients within the RLT-exposed cohort. All GEP-NET patients experienced at least one treatment-emergent adverse event (TEAE). Grade ≥3 TEAEs occurred in 42.3% of RLT-exposed patients and 54.3% of RLT-naïve patients. The most common Grade ≥3 TEAEs in both groups was lymphocyte count decrease (25.7% of RLT-naïve patients and 15.4% of RLT-exposed patients).
“The future of oncology research will be driven by cutting-edge science and next-generation modalities, such as radioligand therapies. AlphaMedix, a promising targeted alpha therapy, embodies the type of solution Sanofi is working to advance,” said Christopher Corsico, MD, Global Head of Development at Sanofi. “We are excited to share these robust scientific findings at ESMO as the data could represent a significant advancement in how we treat gastroenteropancreatic neuroendocrine tumors. As we engage with health authorities and advance the clinical program, we remain focused on bringing this innovative modality to patients who need new treatment options”
Advancing AlphaMedix in GEP-NETs
RLTs, which work by delivering radiation directly to tumor cells, represent an emerging area of oncology research. While current approved beta-emitting RLTs have improved outcomes in patients with GEP-NETs, there remains a critical gap in care, including in those who have progressed following previous RLT.
TAT represents an innovative modality in RLT, harnessing high-energy, short-range alpha emissions to precisely target cancer cells while reducing potential exposure to surrounding tissue.
"The results observed in the ALPHAMEDIX-02 trial clearly demonstrate exceptional levels of efficacy for a Targeted Alpha Therapy (TAT), based on current available therapies, in both radioligand therapy (RLT)-naïve and RLT-exposed populations and could potentially set new expectations when treating gastroenteropancreatic neuroendocrine tumor (GEP-NET) patients with RLTs” said Ebrahim Delpassand, MD, Founder and Chairman, CEO of RadioMedix. “For too long, this patient population has experienced inadequate disease control with current approved therapies. This important work provides hope for a new treatment for GEP-NET patients, their caregivers, and their healthcare providers.”
In February 2024, AlphaMedix™ was designated as a breakthrough therapy by the US Food and Drug Administration in RLT-naïve patients with unresectable or metastatic GEP-NETs, recognizing the potential clinical benefits of lead-212–based TATs. The ALPHAMEDIX-02 results will form the basis for further discussions with health authorities.
An international phase 3 study to further evaluate AlphaMedix in GEP-NETs is actively being planned. AlphaMedix is an investigational medicine and has not been approved by any regulatory authority.
In September 2024, Sanofi entered an exclusive licensing agreement with Orano Med and RadioMedix to globally commercialize AlphaMedix.
About the ALPHAMEDIX-02 study
ALPHAMEDIX-02 is a phase 2, open-label, multicenter study evaluating the efficacy and safety of AlphaMedix (212Pb-DOTAMTATE) in patients with histologically confirmed unresectable or metastatic GEP-NETs, positive somatostatin analogue imaging and at least one site of measurable disease. The study included two cohorts evaluating RLT-naïve (n=35) and RLT-exposed (n=26) GEP-NET patients. RLT-exposed patients had progressive disease after receiving up to four doses of 177Lu-DOTATATE and received their last dose at least six months prior to Day 1. In both cohorts, AlphaMedix was administered at 67.6 μCi/kg every eight weeks for up to four cycles (6 mCi maximum per cycle). The primary efficacy endpoint across both cohorts was ORR per RECIST 1.1. Secondary endpoints included PFS and OS.
About NETs
NETs are a heterogeneous group of cancers that originate from neuroendocrine cells. These cancers occur mostly in the gastrointestinal tract and pancreas but can also occur in other tissues including the thymus, lung, and other uncommon sites such as the ovaries, heart, and prostate. Most NETs strongly express somatostatin receptors. Despite the global prevalence of NETs increasing each year, it is considered a rare cancer that is estimated to affect approximately 35/100,000 individuals worldwide. In the United States, around 12,000 patients annually are expected to be diagnosed with neuroendocrine tumors, with an average five-year survival rate of 60% at a metastatic stage.
About Orano Med
Orano Med is a subsidiary of the Orano Group. Orano Med is a clinical-stage biotechnology company that develops a new generation of targeted therapies against cancer using the unique properties of lead-212 (212Pb), an alpha-emitting radioisotope and one of the more potent therapeutic payloads against cancer cells known as Targeted Alpha Therapy (TAT). Leveraging its unique and secured access to 212Pb, the company is developing several 212Pb-based radioligand therapies combined with various targeting agents. Orano Med has 212Pb manufacturing facilities, laboratories, and R&D centers in France and in the US and is currently expanding its GMP-manufacturing capacities for 212Pb radiolabeled pharmaceuticals in North America and Europe.
About RadioMedix
RadioMedix, Inc., a clinical-stage biotechnology company and former sponsor of the AlphaMedix trial, is based in Houston and Humble, Texas. The company is focused on innovative targeted radiopharmaceuticals for diagnosis, monitoring, and therapy of cancer. RadioMedix is developing radiopharmaceuticals for PET imaging and therapy (alpha- and beta-labeled agents). The company established contract service facilities for academic and industrial partners. including a cGMP and analytical suite for Phase I-II-III clinical trials and commercial launch. To learn more, visit www.radiomedix.com and LinkedIn.
About Sanofi
Sanofi is an R&D driven, AI-powered biopharma company committed to improving people’s lives and delivering compelling growth. We apply our deep understanding of the immune system to invent medicines and vaccines that treat and protect millions of people around the world, with an innovative pipeline that could benefit millions more. Our team is guided by one purpose: we chase the miracles of science to improve people’s lives; this inspires us to drive progress and deliver positive impact for our people and the communities we serve, by addressing the most urgent healthcare, environmental, and societal challenges of our time.
Sanofi forward-looking statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions, and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans” and similar expressions. Although Sanofi’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of such product candidates, the fact that product candidates if approved may not be commercially successful, the future approval and commercial success of therapeutic alternatives, Sanofi’s ability to benefit from external growth opportunities, to complete related transactions and/or obtain regulatory clearances, risks associated with intellectual property and any related pending or future litigation and the ultimate outcome of such litigation, trends in exchange rates and prevailing interest rates, volatile economic and market conditions, cost containment initiatives and subsequent changes thereto, and the impact that global crises may have on us, our customers, suppliers, vendors, and other business partners, and the financial condition of any one of them, as well as on our employees and on the global economy as a whole. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in Sanofi’s annual report on Form 20-F for the year ended December 31, 2024. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.
All trademarks mentioned in this press release are the property of the Sanofi group with the exception of Orano Med and AlphaMedix™.
Press_Release
2025-10-20 06:464mo ago
2025-10-20 02:324mo ago
PUBM Investors Have Opportunity to Lead PubMatic, Inc. Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PubMatic, Inc. ("PubMatic" or "the Company") (NASDAQ: PUBM) 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 27, 2025 and August 11, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before October 20, 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. PubMatic concealed the fact that a top DSP buyer was shifting its clients to a competing platform, impacting inventory. The Company suffered a reduction in ad spend from this top DSP buyer. 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 PubMatic, 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
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2025-10-20 06:464mo ago
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Atlantic Lithium unearths significant potential at Rubino and Agboville projects
About Jamie Ashcroft
Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development.
As one of the early external hires at Proactive in 2009, Jamie contributed... Read more
About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.
Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.
We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.
The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.
Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.
Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.
Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.
2025-10-20 06:464mo ago
2025-10-20 02:354mo ago
NUTX Investors Have Opportunity to Lead Nutex Health Inc. Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Nutex Health Inc. ("Nutex" or "the Company") (NASDAQ: NUTX) 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 August 8, 2024 and August 14, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before October 21, 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. Nutex engaged in a coordinated scheme with HaloMD to defraud insurance companies. The Company's revenue attributable to its engagement with HaloMD was unsustainable. The Company overstated its ability to build and maintain robust internal controls over internal reporting. The Company failed to properly calculate stock-based compensation obligations. 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 Nutex, 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
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2025-10-20 06:464mo ago
2025-10-20 02:404mo ago
Roche's Gazyva Gets FDA Approval for Lupus Nephritis
About Jamie Ashcroft
Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development.
As one of the early external hires at Proactive in 2009, Jamie contributed... Read more
About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.
Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.
We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.
The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.
Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.
Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.
Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-20 05:454mo ago
2025-10-19 23:154mo ago
JPMorgan Chase: An Income Play With Covered Calls And Preferred Shares
SummaryJPMorgan Chase only derived 52% of its Q3 2025 revenues from net interest income, a key benefit amid ongoing Fed rate cuts.I believe JPM common stock will underperform peers as BAC, WFC, and C are impacted by JPM's high current valuation relative to other banks.Against this backdrop, selling covered calls can generate annualized option premium income of 7-35%, dependent on specific strike prices and time to expiration.More conservative investors may find value in JPM's preferred shares, which enjoy robust preferred dividend coverage while offering capital gain potential amid Fed rate cuts.Reduced liquidity and missing out on capital gains are key risks when selling covered calls, while slower Fed rate cuts and/or a rise in long-term interest rates are key risks for preferred shareholders.Yau Ming Low/iStock Editorial via Getty Images
Introduction So far in 2025, JPMorgan Chase (NYSE:JPM) has significantly outperformed the iShares U.S. Financials ETF (IYF), delivering a gain of almost 27%, roughly double that of the broad IYF ETF:
While JPM
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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JPIE: Strong High-Quality Income ETF, Good Dividend Yield, Little Risk And Volatility
SummaryJPIE invests in a diversified portfolio of bonds, focusing on high-quality MBS.JPIE maintains below-average risk and volatility due to its short duration and high credit quality, making it resilient in various market conditions.It has an above-average 5.8% dividend yield too, with strong, consistent returns in the past and very strong risk-adjusted returns.It is a fantastic, high-quality income ETF, perfect for more risk-averse investors.This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More »Pornyot Palilai/iStock via Getty Images
In keeping with my coverage of high-quality, diversified bond ETFs, I thought to have a second look at the JPMorgan Income ETF (NYSEARCA:JPIE). JPIE offers investors diversified exposure to bonds, with a focus on
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of WMT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-20 05:454mo ago
2025-10-19 23:444mo ago
FSTA: A Defensive Buy With Relatively Low Volatility
SummaryFidelity MSCI Consumer Staples Index ETF is rated a buy for its stable, profitable top holdings and defensive sector positioning.FSTA offers low fees (0.08% expense ratio), a solid 2.21% dividend yield, and broad diversification compared to peer consumer staples ETFs.Key holdings—Walmart, Costco, and Procter & Gamble—demonstrate strong revenue, dividend growth, and resilience despite elevated valuations.With declining interest rates and recession risks, FSTA provides a defensive, income-generating option for investors seeking stability and downside protection.Bill Oxford/iStock via Getty Images
Investment Thesis The Fidelity MSCI Consumer Staples Index ETF (NYSEARCA:FSTA) warrants a buy rating due to the profitable, stable revenue of its top holdings. Additionally, the consumer staples sector has historically performed well during times of declining
Analyst’s Disclosure:I/we have a beneficial long position in the shares of WMT, VDC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
This article is exclusive to Seeking Alpha. No duplication or reproduction of this article is allowed without consent of Seeking Alpha and the author. This article should not be misconstrued as individual financial advice. Always conduct your own due diligence prior to investing.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.