Real-time pulse of financial headlines curated from 2 premium feeds.
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2025-10-17 23:36
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2025-10-17 19:15
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XRP Price Prediction: Ripple's New $1B Deal Could Put XRP at the Center of Fortune 500 Payments | cryptonews |
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A $1 billion deal could see XRPL handle trillions in Fortune 500 capital — XRP price predictions now eye new highs with mainstream demand.
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2025-10-17 23:36
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2025-10-17 19:25
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Shiba Inu Price Prediction: Billions in SHIB Suddenly Vanish From Exchanges – What Are Holders Preparing For? | cryptonews |
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As the crypto market drops again, Shiba Inu holders are pulling billions of tokens off exchanges, adding fuel to a bullish Shiba Inu price prediction.On Wednesday alone, 263 billion SHIB, worth around $2.6 million, were moved into cold storage, according to data from CryptoQuant.
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2025-10-17 23:36
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2025-10-17 19:30
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CMB International Tokenizes $3.8 Billion Fund on BNB Chain | cryptonews |
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CMB International has partnered with BNB Chain to bring its $3.8 billion Money Market Fund onchain, supported by DigiFT and Onchain. The move gives investors blockchain-based access to one of Asia-Pacific's top-performing institutional funds. BNB Chain Brings $3.
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2025-10-17 22:36
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2025-10-17 17:46
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SLB N.V. (SLB) Q3 2025 Earnings Call Transcript | stocknewsapi |
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Q3: 2025-10-17 Earnings SummaryEPS of $0.69 beats by $0.03
| Revenue of $8.93B (-2.52% Y/Y) beats by $9.41M SLB N.V. (NYSE:SLB) Q3 2025 Earnings Call October 17, 2025 9:30 AM EDT Company Participants James McDonald - Senior Vice President of Investor Relations & Industry Affairs Olivier Le Peuch - CEO & Director Stephane Biguet - Executive VP & CFO Conference Call Participants John Anderson - Barclays Bank PLC, Research Division James West - Melius Research LLC Scott Gruber - Citigroup Inc., Research Division Joshua Silverstein - UBS Investment Bank, Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Neil Mehta - Goldman Sachs Group, Inc., Research Division Stephen Richardson - Evercore ISI Institutional Equities, Research Division Presentation Operator Good morning. My name is Megan, and I'll be your conference operator today. I would like to welcome everyone to the third quarter SLB Earnings Call. [Operator Instructions] As a reminder, this call is being recorded. I will now turn the call over to James R. McDonald, Senior Vice President of Investor Relations and Industry Affairs. Please go ahead. James McDonald Senior Vice President of Investor Relations & Industry Affairs Thank you, Megan. Good morning, and welcome to the SLB Third Quarter 2025 Earnings Conference Call. Today's call is being hosted from Houston following our Board meeting held earlier this week. Joining us on the call are Olivier Le Peuch, Chief Executive Officer; and Stephane Biguet, Chief Financial Officer. Before we begin, I would like to remind all participants that some of the statements we will be making today are forward-looking. These matters involve risks and uncertainties that could cause our results to differ materially from those projected in these statements. For more information, please refer to our latest 10-K filing and other SEC filings, which can be found on our website. Our comments today also include non-GAAP financial measures. Additional details and reconciliations to the most directly comparable GAAP financial measures can be found in our third quarter earnings press Recommended For You |
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2025-10-17 22:36
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2025-10-17 17:54
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September Readers ID'd 17 Ideal 'Safer' Dividends In 39 Dogs | stocknewsapi |
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SummaryThis article highlights top ReFa/Ro dividend stocks for September 2025, focusing on high yield and analyst-projected returns through September 2026.MFA Financial, Hafnia, and Energy Transfer lead the list, with projected net gains ranging from 30.84% to 70.61%.All top-ten ReFa/Ro "dogs" meet the ideal criterion: dividends from $1,000 invested exceed their share price, appealing to income-focused investors.Caution is advised as some high-yield stocks show negative free-cash-flow margins; 28 of 39 ReFa/Ro stocks are deemed "safer" with dividends supported by cash-flow and 17 of those are Ideal.Prior to September 30, 2025, my REaders mentioned 39 equities in their comments about my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers spoke-up about their ReFa/Ro. damedeeso/iStock via Getty Images
Reader Selections Since May, 2017, any dividend-paying stock mentioned in a message, e-mail or comment to the author has been fair game for a reader favorite listing in this series of articles. Thus, It is possible that only rogues and 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. Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, recommendation or endorsement to buy or sell any security. Prices and returns on equities in this article except as noted are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling same. Graphs and charts were compiled by Rydlun & Co., LLC from data derived from Indexarb; YCharts; finance.yahoo.com; analyst mean target price by YCharts. Open source dog art from dividenddogcatcher.com. 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. Recommended For You |
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2025-10-17 22:36
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2025-10-17 17:59
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BCUCY Investors Have Opportunity to Join Brunello Cucinelli S.p.A. Fraud Investigation With the Schall Law Firm | stocknewsapi |
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LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Brunello Cucinelli S.p.A. (“Brunello Cucinelli” or “the Company”) (OTC Markets: BCUCY) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Brunello Cucinelli is the subject of a report published by Morpheus Research on September 25, 2025, titled: “From Moscow to TJ Maxx – How Brunello Cucinelli Continues To Lie About Its Russian Business While Aggressive Discounting Damages Its Exclusive Positioning.” According to the report, the Company claimed that its store locations in Russia were closed down, in accordance with laws prohibiting the sale of luxury goods in the country following the invasion of Ukraine. Despite these claims, the report alleges that the Company continues to sell its products in Russia. Based on this news, Brunello Cucinelli’s ADRs fell by 17.8% on the same day. 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 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. |
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2025-10-17 22:36
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2025-10-17 18:00
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Grindr Inc. Investigated for Breaches of Fiduciary Duty - Contact the DJS Law Group to Discuss Your Rights – GRND | stocknewsapi |
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LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. Investigated for Breaches of Fiduciary Duty - Contact the DJS Law Group to Discuss Your Rights – GRND.
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2025-10-17 22:36
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2025-10-17 18:00
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Plaid Announces Non-Brokered Private Placement | stocknewsapi |
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Vancouver, British Columbia – October 17, 2025 – TheNewswire - Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) (“Plaid” or the “Company”), a leader in advanced graphene-based solutions, is pleased to announce that it intends to complete a non-brokered private placement of up to 800,000 common shares (“Shares”) at a price of $1.25 per Share for gross proceeds of up to $1,000,000 (the “Private Placement”).
Closing of the Private Placement is subject to the receipt of all necessary corporate and regulatory approvals, including approval from the Canadian Securities Exchange (the “CSE”). No finder’s fees will be paid in connection with the Private Placement. All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day from issuance. The Private Placement is expected to close in one or more tranches on or before October 24, 2025 or on such other date or dates as the Company may determine, subject to the receipt of all required regulatory approvals, including acceptance by the Canadian Securities Exchange. The net proceeds of the Private Placement will supplement the use of funds previously disclosed in the Company’s Listing Statement dated August 13, 2025. The table below outlines the amounts originally allocated in the Listing Statement and the additional allocations from the Private Placement, assuming the maximum gross proceeds of $1,000,000 are raised: Use of Funds Per Listing Statement Additional Funds Raised with Private Placement ($) Sales & Marketing $45,000 $50,0001 Management and Consulting Fees $80,000 $30,0002 General & Administrative Expenses $50,000 $25,0003 Development Fees (validation, project pilots) $170,000 $50,0004 Unallocated Working Capital $10,000 $845,0005 Total $355,000 $1,000,000 This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About the Company The Company focuses on the development and commercialization of graphene-enhanced technology. Plaid is simultaneously pursuing a range of applications for its proprietary graphene-infused concrete mixture, with an initial focus on wellbore cement and subsurface applications. Management expects Plaid’s unique mixture to pave the way for a new era in well abandonment, combining cutting-edge materials with precision engineering. On Behalf of the Board of Directors “Guy Bourgeois” Guy Bourgeois Director & Chief Executive Officer Telephone: 1-800-585-7517 Email: [email protected] Website: https://www.plaidtechnologiesinc.com The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This news release contains forward-looking information that is not based on historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “target,” “potential,” and other similar words, or statements that certain events or conditions “may” or “will” occur. More particularly, and without limitation, this news release contains forward-looking information regarding the Company’s future plans, business objectives, and the development, operation, and commercialization of its technology and products. The Company cautions that all forward-looking information is inherently uncertain and that actual performance may be affected by a number of material factors, assumptions, and expectations, many of which are beyond the Company’s control. These factors include, without limitation, the Company’s intention to complete a non-brokered private placement, the expected use of proceeds therefrom, and assumptions and expectations concerning its ongoing operations and business environment. Such risks and uncertainties include, but are not limited to, prevailing market conditions and general business, economic, competitive, political, and social factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and includes those risks set out in the Company's management’s discussion and analysis as filed under the Company's profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward- looking information, other than as required by applicable securities laws. Forward-looking information in this news release also involves material risks and uncertainties specific to its business, including risks related to the early-stage nature of the acquired technology, uncertainty regarding the possibility of intellectual property protection challenges, and the need to comply with applicable regulatory frameworks in Canada and other jurisdictions. There is no assurance that the Company will be successful in developing or commercializing products related to its business. 1 Additional efforts to source sale/supply agreements. 2 Provision for hiring additional consultants for business development. 3 Provision for additional administrative expenditures. 4 Provision for additional research and development expenditures on the dispersion technology. 5 Of the $845,000 unallocated working capital, up to $500,000 has been provisionally set aside for potential acquisition of additional graphene inventory. The Company currently has enough inventory, and it has not yet identified a potential acquisition target. However, it intends to begin looking for a suitable target if/when the financing closes. |
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2025-10-17 22:36
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2025-10-17 18:00
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Alaska Energy Metals Provides Corporate Update On Nikolai Nickel Project, Alaska And Announces Amendment To Restricted Share Plan And Grants Of Stock Options And Restricted Share Units | stocknewsapi |
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- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES - Highlights: First-pass metallurgical testing from Eureka deposit, Nikolai nickel project, Alaska nearing completion; results anticipated in November 2025 Eureka Internal "Options Study" nearing completion; will lead to Preliminary Economic Assessment to be published in 2026 Continued pursuit of US government grant funding for Nikolai project Hydrometallurgical amenability testing to begin on Eureka concentrates Incentive stock options and restricted shares units granted VANCOUVER, BC / ACCESS Newswire / October 17, 2025 / Alaska Energy Metals Corporation (TSX-V:AEMC)(OTCQB:AKEMF) ("AEMC" or the "Company") provides the following update on its activities. Metallurgical testing has been ongoing at SGS laboratories in Lakefield, Ontario.
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2025-10-17 22:36
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2025-10-17 18:01
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FDA Approves Novo Nordisk's Rybelsus Diabetes Pill to Reduce Heart Risk | stocknewsapi |
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The drug, called Rybelsus, is the only oral GLP-1 medication available. It was previously approved to treat Type 2 diabetes but under the new approval, Novo Nordisk can now market the drug's benefits of reducing cardiovascular events.
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2025-10-17 22:36
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2025-10-17 18:01
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Kirby McInerney LLP Reminds Baxter International, Inc. Investors of Class Action Filing and Encourages Investors to Contact the Firm | stocknewsapi |
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NEW YORK, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Baxter International, Inc. (“Baxter” or the “Company”) (NYSE:BAX) securities to contact Thomas W. Elrod of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost.
If you suffered a loss on your Baxter investments, you have until December 15, 2025 to request lead plaintiff appointment. Follow the link below for more information: [CONTACT THE FIRM IF YOU SUFFERED A LOSS] What Happened? On April 7, 2025, safety concerns regarding Baxter’s Novum IQ Large Volume Pump (“Novum LVP”), a device used for the delivery of intravenous fluids that carry medications, blood products, and nutrients to patients, began to surface after a Missouri news outlet reported serious safety issues relating to inaccurate infusion with the Novum LVPs based on information from a whistleblower. Just weeks after the whistleblower report, on April 24, 2025, Baxter sent customers a warning letter about potential underinfusion risks associated with the Novum LVP, disclosing only one serious injury linked to this issue. Then, on July 14, 2025, Baxter issued a second warning letter reiterating the underinfusion risks and adding the risk of overinfusion with the Novum LVP. The letter also revealed that Baxter had received 79 reports of serious injury and two reports of patient deaths related to the Novum LVP. Finally, on July 31, 2025, the Company announced that it had decided to “voluntarily and temporarily pause shipments and planned installations of the Novum LVP” and that the Company was “unable to currently commit to an exact timing for resuming shipment and installation for Novum LVPs.” On this news, the price of Baxter shares declined by $6.29 per share, or approximately 22.4%, from $28.05 per share on July 30, 2025, to close at $21.76 on July 31, 2025. What Is The Lawsuit About? The lawsuit has been filed on behalf of investors who purchased securities during the period of February 23, 2022 through July 30, 2025, inclusive (“the Class Period”). The lawsuit alleges that, throughout the Class Period, Defendants misled investors by failing to disclose that: (i) the Novum LVP suffered systemic defects that caused widespread malfunctions, including underinfusion, overinfusion, and complete non-delivery of fluids, which exposed patients to risks of serious injury or death; (ii) Baxter was notified of multiple device malfunctions, injuries, and deaths from these defects; (iii) Baxter’s attempts to address these defects through customer alerts were inadequate remedial measures, when design flaws persisted and continued to cause serious harm to patients; and (iv) as a result, there was a heightened risk that customers would be instructed to take existing Novum LVPs out of service and that Baxter would completely pause all new sales of these pumps. [CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION] Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contacts Kirby McInerney LLP Thomas W. Elrod, Esq. 212-699-1171 https://www.kmllp.com [email protected] |
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2025-10-17 22:36
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2025-10-17 18:02
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STEP Energy Services Ltd. Agrees to $5.50 Per Share Take Private Transaction With Funds Advised by ARC Financial Corp. | stocknewsapi |
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CALGARY, Alberta--(BUSINESS WIRE)--Further to its news release of September 25, 2025 announcing receipt of a non-binding offer from ARC Financial Corp., STEP Energy Services Ltd. (“STEP” or the “Company”) (TSX: STEP) is pleased to announce that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with 2659160 Alberta Ltd. and the limited partnerships comprising ARC Energy Fund 8 (a private equity fund advised by ARC Financial Corp.) (collectively, “ARC”) to take.
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2025-10-17 22:36
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2025-10-17 18:02
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Broadcom Inks OpenAI Deal: Why It's A Huge Win for AVGO Stock | stocknewsapi |
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After a steep month-long slide, Broadcom NASDAQ: AVGO just turned its fortunes around in a huge way.
Broadcom Today $349.33 -4.82 (-1.36%) As of 04:00 PM Eastern 52-Week Range$138.10▼ $374.23Dividend Yield0.68% P/E Ratio89.11 Price Target$372.33 Shares of the chip giant reached an all-time high closing price of nearly $369 on Sept. 9. This came as markets reacted to CEO Hock Tan’s AI-incentivized pay package. But the gains were short-lived, with the stock dropping around 12% by market close on Oct. 10. MarketBeat noted at the time that the 10% single-day gain Tan’s package resulted in felt unwarranted. Thus, it wasn’t overly surprising to see shares correct. However, everything changed on Oct. 13, when Broadcom announced its latest AI chip customer: OpenAI. This deal sent shares up 10% in one day as markets reacted to the billions in new sales Broadcom should generate from the deal. Here’s why the OpenAI deal is a game-changer—and what it means for AVGO going forward. Broadcom Matches NVIDIA in AI Power, Surpasses AMD In the announcement, Broadcom said that OpenAI will deploy ten gigawatts (GW) of its custom AI accelerators, also known as XPUs. For reference, that’s equal to around one-third of the energy needed to power the state of New York during peak summer demand. That’s a lot of chips. Broadcom’s deal is notably equal in size to the 10 GW deal OpenAI signed with NVIDIA NASDAQ: NVDA. It is also much larger than the 6 GW deployment that OpenAI has agreed to with Advanced Micro Devices NASDAQ: AMD. This clearly shows that although AMD is gaining traction, Broadcom and NVIDIA are still in a league of their own when it comes to AI chips. Broadcom will make not only custom AI XPUs for OpenAI but networking chips as well. While XPUs perform the hard calculations that make AI workloads go, networking chips allow different XPUs to communicate. Thus, Broadcom’s deal with OpenAI includes a large bundle of products, making it much more significant than an XPU deal alone. XPUs typically make up 70% of Broadcom's AI semiconductor revenues, while networking chips make up the other 30%. Networking’s share of this total has notably reached as high as 40% in recent quarters. Each is a very significant part of the company's AI business, underscoring how substantial the inclusion of both technologies in the deal is. Furthermore, this provides evidence that Broadcom’s Ethernet-based networking technology is competitive with NVIDIA’s networking offerings. Staying competitive on this front is particularly important now, given that NVIDIA’s OpenAI deal also included networking equipment. The networking battle between these two companies is somewhat overlooked but highly important. With this win, Broadcom continues to show it is a first-class name in AI. Broadcom’s Q3 Announcement Looks Even Better Now Another interesting wrinkle in this story is that analysts were wrong about Broadcom, but in a great way. In its Q3 earnings call, Broadcom announced that it had gained another hyperscaler customer for its AI chips. After the company disclosed that this deal was worth around $10 billion, many believed the customer was OpenAI. When asked directly about this, the President of Broadcom’s Semiconductor Solutions Group, Charlie Kawwas, refuted the claim. He said that he had not received a $10 billion purchase order from his “good friend Greg," referring to OpenAI President Greg Brockman. Thus, Broadcom has added not only one but two major customers over the last few months: OpenAI and someone else. This makes the company’s past statement that it gained a new hyperscaler customer even more impressive than before. AVGO Continues Its Momentum, Updated Targets See 13%+ Upside Broadcom Stock Forecast Today12-Month Stock Price Forecast: $372.33 6.45% Upside Buy Based on 34 Analyst Ratings Current Price$349.76High Forecast$460.00Average Forecast$372.33Low Forecast$210.00Broadcom Stock Forecast Details Clearly, Broadcom continues to be one of the key companies in the driver's seat when it comes to the AI infrastructure buildout. These new deals provide further confidence that Broadcom appears well-positioned to convert the three other hyperscalers it’s reportedly in talks with. Overall, the outlook for this stock continues to look highly promising in the long term. Shares are now only down around 4% from their all-time highs, meaning that upside could be somewhat limited in the near term. Broadcom’s earnings release in December could be another upside catalyst for the stock. The MarketBeat consensus price target on AVGO is $372, implying around 5% upside in shares. However, every price target update tracked by MarketBeat after the OpenAI announcement sits at $400 or higher. This implies at least 13% upside in shares and indicates that shares could hit new highs. Should You Invest $1,000 in Broadcom Right Now?Before you consider Broadcom, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadcom wasn't on the list. While Broadcom currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential. Get This Free Report |
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2025-10-17 22:36
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2025-10-17 18:07
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FAA Lets Boeing Increase Production Cap on 737 MAX by 10% | stocknewsapi |
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The company can now increase production to 42 planes a month from 38, the limit put in place after a fuselage panel blew off a jet midair in January 2024.
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2025-10-17 22:36
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2025-10-17 18:08
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GRAIL PATHFINDER 2 Results Show Galleri ® Multi-Cancer Early Detection Blood Test Increased Cancer Detection More Than Seven-Fold When Added to USPSTF A and B Recommended Screenings | stocknewsapi |
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More Than Half of Cancers Detected by Galleri Were Early Stage
Approximately Three-Quarters of Galleri-Detected Cancers Do Not Have Recommended Screenings PATHFINDER 2 is the Largest U.S. Multi-Cancer Early Detection (MCED) Interventional Study in the Cancer Screening Population , /PRNewswire/ -- GRAIL, Inc. (Nasdaq: GRAL), a healthcare company whose mission is to detect cancer early when it can be cured, today announced that positive performance and safety results from its registrational PATHFINDER 2 study are being presented at the European Society for Medical Oncology (ESMO) Congress 20251. PATHFINDER 2 evaluated the safety and performance of the Galleri® multi-cancer early detection (MCED) test when used alongside standard-of-care cancer screenings. The largest interventional study of an MCED test in the United States to date, the prospective PATHFINDER 2 study includes 35,878 enrolled participants across the United States and Canada in a broad, intended-use population of adults aged 50 and older with no clinical suspicion of cancer. Results were presented from a pre-specified analysis of the first 25,578 participants with at least 12 months of follow-up as of Dec. 31, 2024. Of these, 23,161 were analyzable for performance and 25,114 were analyzable for safety. "Cancer is the second leading cause of death worldwide as most deadly cancers are found too late. Adding Galleri to recommended screening for breast, cervical, colorectal, and lung cancers in PATHFINDER 2 yielded a more than seven-fold increase in the cancer detection rate, and more than half of the Galleri detected new cancers were found in early stages, when cancers are more treatable and potentially even curable. Galleri's ability to accurately predict where in the body the cancer signal comes from also helps to guide a more efficient diagnostic workup," said Josh Ofman, MD, MSHS, President at GRAIL. "These results are extremely compelling as approximately three-quarters of the Galleri-detected cancers do not have recommended screening tests today. Galleri is the only MCED test available that has been validated in an interventional trial in the screening population and could transform how we deliver cancer screening at a population level." Finding More Cancers, Earlier By Adding the Galleri Test Data from the performance analyzable cohort of 23,161 participants with 12 months of follow-up found that adding Galleri to recommended screenings for breast, cervical, colorectal, and lung cancers (USPSTF A and B recommendations) led to a more than seven-fold increase in the number of cancers found within a year. Galleri detected approximately three times as many cancers when added to standard-of-care screening for breast, cervical, colorectal, lung, and prostate cancers (USPSTF A, B, and C recommendations). Approximately three-quarters of the cancers detected by Galleri do not have standard of care screening options. More than half (53.5%) of the new cancers detected by Galleri were stage I or II and more than two-thirds (69.3%) were detected at stages I-III. "Cancer screening saves lives, but we routinely screen for just four or five cancer types in the United States today and approximately 70% of cancer deaths come from cancers that do not have standard-of-care screening and are typically caught too late," said Nima Nabavizadeh, MD, Associate Professor of Radiation Medicine at Oregon Health & Science University. "Data from PATHFINDER 2 show that Galleri could fundamentally change our approach to cancer screening, helping to detect many types of cancer earlier, when the chance of successful treatment or even cure are the greatest." High Performance and Low Risk of False Alarms The Galleri test detected a cancer signal in 216 participants (cancer signal detection rate of 0.93%), and of those, cancer was diagnosed in 133 participants (cancer detection rate of 0.57%). The likelihood of receiving a cancer diagnosis following a positive test result (positive predictive value) was 61.6%, substantially higher than in the previous PATHFINDER study of Galleri. Since PATHFINDER 2 is a prospective clinical trial where the cancer status of participants is unknown at the outset, episode sensitivity – the ability to detect cancer that could be confirmed within 12 months after the blood draw – is a performance measure of the study. Galleri demonstrated strong performance, with 73.7% episode sensitivity for the 12 cancers responsible for two-thirds of cancer deaths in the U.S. For all cancers, episode sensitivity was 40.4%. Specificity was 99.6%, translating to a false positive rate of only 0.4%. "Any multi-cancer early detection test used for population screening should aim to detect as many aggressive cancers as possible before symptoms arise and maximize the likelihood that a positive test result is actually cancer. The PATHFINDER 2 results demonstrate that the Galleri test is doing just that, increasing the number of cancers detected more than seven-fold when added to recommended screening for breast, cervical, colorectal, and lung cancers, and with a very low false positive rate," said Ofman. "What's especially promising is that Galleri showed strong sensitivity at detecting many of the cancers responsible for the majority of cancer deaths, which we believe provides clinicians with a clinically valuable and validated screening tool." High Accuracy of Cancer Signal Origin Enabled Efficient Diagnostic Evaluation A key benefit of Galleri is its ability to predict where in the body the cancer is coming from. The PATHFINDER 2 study demonstrated that the test correctly identified the Cancer Signal Origin (CSO) 92% of the time, leading to efficient diagnostic workups. Diagnostic resolution took a median of 46 days, and only 0.6% of all participants had an invasive procedure (159/25,114). Invasive procedures were two times more common in participants with cancer than in those without. MCED test safety was evaluated in an analyzable cohort of 25,114 participants. No serious, study-related adverse events were reported during the diagnostic workup. Data from this study will be submitted to the U.S. Food and Drug Administration (FDA) as part of the Galleri premarket approval (PMA) application, along with data from the prevalent screening round of the NHS-Galleri trial. In addition, GRAIL will submit to the FDA a bridging analysis to compare performance of the version of Galleri used in the PATHFINDER 2 study and the NHS-Galleri trial to the updated version that GRAIL plans to submit to the FDA for premarket approval. GRAIL expects to complete the PMA modular submission for Galleri, which is under a Breakthrough Device Designation, in the first half of 2026. Conference call and webcast with the investment community GRAIL management will host a conference call and webcast on Oct. 20 at 5 a.m. PT / 8 a.m. ET to discuss results of the PATHFINDER 2 study. A link to the live webcast and recorded replay will be available at the investor relations section of GRAIL's website at investors.grail.com. Please register for the live event at this link. To ensure timely connection, please register for the teleconference and join the webcast at least ten minutes before the scheduled start of the call. The live webcast and recorded replay are open to all interested parties. About the PATHFINDER 2 Study (NCT05155605) PATHFINDER 2 is a prospective, multi-center, interventional study evaluating the safety and performance of Galleri in approximately 35,000 individuals aged 50 years and older who are eligible for guideline-recommended cancer screening in the United States. The primary objectives of the study are 1) to evaluate the safety and performance of the Galleri MCED test based on the number and type of diagnostic evaluations performed in participants who receive a cancer signal detected test result, and 2) to evaluate the performance of the Galleri MCED test across various measures, including PPV, negative predictive value (NPV), sensitivity, specificity, and CSO prediction accuracy. Participants who receive a cancer signal detected result undergo additional diagnostic testing based on the predicted CSO to determine if a cancer is present. Secondary objectives include utilization of guideline-recommended cancer screening procedures after use of the MCED test, and participant reported outcomes over several time points, including an assessment of participants' anxiety and satisfaction with the MCED test. About GRAIL GRAIL is a healthcare company whose mission is to detect cancer early, when it can be cured. GRAIL is focused on alleviating the global burden of cancer by using the power of next-generation sequencing, population-scale clinical studies, and state-of-the-art machine learning, software, and automation to detect and identify multiple deadly cancer types in earlier stages. GRAIL's targeted methylation-based platform can support the continuum of care for screening and precision oncology, including multi-cancer early detection in symptomatic patients, risk stratification, minimal residual disease detection, biomarker subtyping, treatment and recurrence monitoring. GRAIL is headquartered in Menlo Park, CA with locations in Washington, D.C., North Carolina, and the United Kingdom. For more information, visit grail.com. About Galleri® The Galleri multi-cancer early detection test is a proactive tool to screen for cancer. With a simple blood draw, Galleri can detect more than 50 types of cancer before symptoms appear — when they can be easier to treat and are potentially curable2. Galleri is the only available MCED test with demonstrated performance in patients screened for cancer2,*. The Galleri test increases the number of cancers detected seven-fold when added to recommended screening for breast, cervical, colorectal and lung cancers, and has the lowest false positive rate of any MCED test on the market1,2,3,4,**. When a cancer signal is found, Galleri provides a cancer signal of origin with high accuracy to help guide an efficient diagnostic work-up4,5,6. The Galleri test requires a prescription from a licensed healthcare provider and should be used in addition to recommended cancer screenings such as mammography, colonoscopy, prostate-specific antigen (PSA) test, or cervical cancer screening. The Galleri test is recommended for adults with an elevated risk for cancer, such as those aged 50 or older. For more information, visit galleri.com. * The Galleri test performance metrics were derived from the outcomes of an interventional clinical study of patients presenting for screening without clinical suspicion of cancer, a study population that reflects the intended use population. ** Test performance metrics do not represent results of a head-to-head comparative study. Separate studies have different designs, objectives, and participant populations, which limits the ability to draw conclusions about comparative performance. Important Galleri Safety Information The Galleri test is recommended for use in adults with an elevated risk for cancer, such as those age 50 or older. The test does not detect all cancers and should be used in addition to routine cancer screening tests recommended by a healthcare provider. The Galleri test is intended to detect cancer signals and predict where in the body the cancer signal is located. Use of the test is not recommended in individuals who are pregnant, 21 years old or younger, or undergoing active cancer treatment. Results should be interpreted by a healthcare provider in the context of medical history, clinical signs, and symptoms. A test result of No Cancer Signal Detected does not rule out cancer. A test result of Cancer Signal Detected requires confirmatory diagnostic evaluation by medically established procedures (e.g., imaging) to confirm cancer. If cancer is not confirmed with further testing, it could mean that cancer is not present or testing was insufficient to detect cancer, including due to the cancer being located in a different part of the body. False positive (a cancer signal detected when cancer is not present) and false negative (a cancer signal not detected when cancer is present) test results do occur. Rx only. Laboratory/Test Information The GRAIL clinical laboratory is certified under the Clinical Laboratory Improvement Amendments of 1988 (CLIA) and accredited by the College of American Pathologists. The Galleri test was developed — and its performance characteristics were determined — by GRAIL. The Galleri test has not been cleared or approved by the Food and Drug Administration. The GRAIL clinical laboratory is regulated under CLIA to perform high-complexity testing. The Galleri test is intended for clinical purposes. Forward Looking Statements This press release contains forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "aim," "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should," "would," or "will," the negative of these terms, and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties, and assumptions about GRAIL, Inc. (the "Company"), include the benefits and use of the Galleri test, the potential of the Galleri MCED test, expectations regarding the final results of the PATHFINDER 2 study, upcoming events and presentations, the timeline and results of a bridging analysis to the FDA, the applicability of the PATHFINDER 2 results to the commercial or FDA versions of the Galleri test, and the timeline for completion of the PMA modular submission. These statements are only predictions based on the Company's current expectations and projections about future events and trends. There are important factors that could cause actual results, level of activity, performance, or achievements to differ materially and adversely from those expressed or implied by the forward-looking statements, including those factors and numerous associated risks discussed under the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the period ended December 31, 2024 and Quarterly Reports on Form 10-Q for the periods ended March 31, 2025 and June 30, 2025. Moreover, the Company operates in a dynamic and rapidly changing environment. New risks emerge from time to time. It is not possible for the Company's management to predict all risks, nor can the Company assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results, level of activity, performance, or achievements to differ materially and adversely from those contained in any forward-looking statements. Forward-looking statements relate to the future and, accordingly, are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Although the Company believes the expectations and projections expressed or implied by the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Except to the extent required by law, the Company undertakes no obligation to update any of these forward-looking statements after the date of this press release to conform prior statements to actual results or revised expectations or to reflect new information or the occurrence of unanticipated events. References: Nabavizadeh N, et al. Safety and Performance of a Multi-Cancer Early Detection (MCED) Test in an Intended-Use Population: Initial Results from the Registrational PATHFINDER 2 Study. Proffered Presentation Presented at: European Society for Medical Oncology (ESMO) Annual Meeting; October 17-21, 2025; Berlin, Germany. Klein EA, Richards D, Cohn A, et al. Clinical validation of a targeted methylation-based multi-cancer early detection test using an independent validation set. Ann Oncol. 2021 Sep;32(9):1167-77. doi: 10.1016/j.annonc.2021.05.806 GRAIL, Inc. False positive rate. [Data on file: GR-2025-0256] Schrag D, Beer TM, McDonnell CH, et al. Blood-based tests for multi-cancer early detection (PATHFINDER): a prospective cohort study. Lancet. 2023;402:1251-1260. doi: 10.1016/S0140-6736(23)01700-2 GRAIL, Inc. Enhanced Cancer Signal Origin prediction. [Data on file: VV-TMF-59592] Hackshaw A, et al. Cancer Cell. 2022;40(2):109-13. SOURCE GRAIL, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In |
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Northrim BanCorp: Seeing Past Recent Underperformance | stocknewsapi |
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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2025-10-17 22:36
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BillionToOne targets over $2 billion valuation in US IPO | stocknewsapi |
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Oct 17 (Reuters) - Molecular diagnostics firm BillionToOne
(BLLN.O), opens new tab said on Friday it was aiming at a valuation of up to $2.42 billion in its U.S. initial public offering. The Menlo Park, California-based company is looking to raise up to $211.5 million in its IPO by offering 3.8 million shares priced between $49 and $55 apiece. Sign up here. The offering comes amidst a rebound in U.S. IPO activity, reversing a slowdown from earlier this year, when trade-policy uncertainty curbed momentum. Despite the U.S. government shutdown, companies can tap a provision that allows their registrations to become effective automatically, which involves setting their IPO pricing 20 days before the listing instead of finalizing it the night before. BillionToOne develops molecular diagnostic tests — including a non-invasive prenatal screen and liquid biopsy — for diseases. The company filed for an IPO earlier this month and reported revenue of $125.5 million in the first half of 2025, compared with $69 million in the year-ago period. The company will list on the Nasdaq under the "BLLN" ticker symbol. J.P. Morgan, Wells Fargo and William Blair are among the underwriters for the offering. Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Shailesh Kuber Our Standards: The Thomson Reuters Trust Principles., opens new tab |
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2025-10-17 22:36
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2025-10-17 18:16
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Trinity One Metals Closes Fully Subscribed Private Placement | stocknewsapi |
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October 17, 2025 6:16 PM EDT | Source: Trinity One Metals Ltd.
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2025) - Trinity One Metals Ltd. (TSXV: TOM) ("Trinity One" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement offering by issuing 15,000,000 units (the "Units") at a price of $0.05 per Unit, for aggregate gross proceeds of $750,000 (the "Offering"). Each Unit is comprised of one common share of the Company and one transferable common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the Company at a price of $0.075 per share until October 17, 2028. In connection with the Offering, the Company paid finder's fees of $23,850 and issued 477,000 finder's warrants to eligible arm's length finders. The finder's warrants are exercisable into one common share of the Company at a price of $0.075 per share until October 17, 2027. The Company intends to use the net proceeds of the Offering for the assessment of new growth opportunities, maintenance of the Company's existing exploration portfolio and for general working capital. All securities issued and sold under the Offering will be subject to a hold period expiring February 18, 2026 in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The Offering is subject to final approval of the TSX Venture Exchange. Two directors and an officer of the Company participated in the Offering for aggregate proceeds of $142,500 and are considered to be "related parties" of the Company. Each subscription by a "related party" of the Company is considered to be a "related party transaction" for purposes of Multilateral Instrument 61-101 ("MI 61-101"). The Company is relying on the exemptions from the formal valuation requirements contained in section 5.5(a) of MI 61-101 and the minority shareholder approval requirements contained in section 5.7(1)(a) of MI 61-101 as the fair market value of the related parties' participation is not more than 25% of the Company's market capitalization. The Company did not file a material change report in respect of the related party transactions at least 21 days before the closing of the Offering, which the Company deems reasonable in the circumstances in order to close the Offering in an expeditious manner. Early Warning Disclosure Pursuant to the Offering, on October 17, 2025, Matthew Wood, a director of the Company, through Bobbin Head Nominees Pty Ltd (ATF) Freya Charters Super Fund, acquired 550,000 Units at a price of $0.05 per Unit for total consideration of $27,500. Immediately prior to the Offering, Mr. Wood owned and/or had control over an aggregate of 2,406,370 common shares and 1,891,538 warrants of the Company, representing approximately 13.14% of the Company's shares on an undiluted basis, or approximately 21.27% of the Company's shares on a partially diluted basis. Following completion of the Offering, Mr. Wood owns or has control or direction over, directly or indirectly, 2,956,370 shares of the Company and 2,441,538 warrants, representing approximately 8.87% of the Company's shares on an undiluted basis, or approximately 15.10% of the Company's shares on a partially-diluted basis. The Warrants contain a provision that Mr. Wood is not able to exercise such number of the Warrants as would result in Mr. Wood holding more than 19.99% of the issued and outstanding shares of the Company, without first obtaining disinterested shareholder approval and TSXV approval, as required by the policies of the TSXV. Since the date of Mr. Wood's last early warning report dated April 9, 2025, Mr. Wood's holdings have decreased 4.27% on an undiluted basis, or 7.13% on a partially diluted basis. Pursuant to the Offering, on October 17, 2025, Thomas Wood, an officer and a director of the Company, acquired 2,000,000 Units at a price of $0.05 per Unit for total consideration of $100,000. Immediately prior to the Offering, Mr. Wood owned and/or had control over nil common shares of the Company, representing 0% of the Company's shares on an undiluted basis, or on a partially diluted basis. Following completion of the Offering, Mr. Wood owns or has control or direction over, directly or indirectly, 2,000,000 shares of the Company and 2,000,000 Warrants, representing approximately 6.00% of the Company's shares on an undiluted basis, or approximately 11.33% of the Company's shares on a partially-diluted basis. The Warrants contain a provision that Mr. Wood is not able to exercise such number of the Warrants as would result in Mr. Wood holding more than 19.99% of the issued and outstanding shares of the Company, without first obtaining disinterested shareholder approval and TSXV approval, as required by the policies of the TSXV. As a result of the Offering, Mr. Wood's holdings have increased 6.00%, on an undiluted basis, or 11.33%, on a partially diluted basis. Messrs. Wood acquired the securities of the Company for investment purposes, and may, depending on market and other conditions, increase or decrease their beneficial ownership of the Company's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities. The disclosure respecting Messrs. Wood's security holdings contained in this press release is made pursuant to Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids and reports respecting the above acquisitions will be filed with the applicable securities commissions using the System of Electronic Document Analysis and Retrieval (SEDAR+) website at www.sedarplus.com. On behalf of the Board, Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to the intended use of proceeds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will", "plans", or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are from those expressed or implied by such forward-looking statements or forward-looking information subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different, including receipt of all necessary regulatory approvals. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available. THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270972 |
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Boeing Is Allowed to Increase 737 Max Plane Production, FAA Says | stocknewsapi |
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The Federal Aviation Administration raised a production limit that the regulator had imposed after a door panel blew off a plane during a flight last year.
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I-Mab (IMAB) Discusses Business Transformation Strategy and Plans for Accelerated Growth Transcript | stocknewsapi |
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I-Mab (NASDAQ:IMAB) Discusses Business Transformation Strategy and Plans for Accelerated Growth October 16, 2025 5:00 PM EDT
Company Participants Xi-Yong Fu - CEO & Director Wei Fu - Executive Chairman Emmett T. Cunningham Kyler Lei Conference Call Participants PJ Kelleher Daina Graybosch - Leerink Partners LLC, Research Division Christopher Liu - Lucid Capital Markets, LLC, Research Division Presentation Operator Good day, and welcome to the I-Mab Business Update Call. [Operator Instructions]. As a reminder, this conference call is being recorded and will be available for replay on the company's website. I would now like to turn the call over to PJ Kelleher from LifeSci Advisors. Please go ahead, Mr. Kelleher. PJ Kelleher Thank you, operator. Good afternoon, everyone, and thank you for joining the I-Mab business update call, which follows the press release issued today at 4:05 p.m. Eastern. Please note that this presentation and discussion is being recorded and will be available in the Investors section of the company's website for the next 30 days. Some of the statements made on this call will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those stated or implied by these forward-looking statements due to risks and uncertainties associated with the company's business, including those set forth in the Risk Factors section of I-Mab's annual report on Form 20-F for the year ended December 31, 2024, and any other filings that may be made with the SEC. In addition, any forward-looking statements represent our views as of today, October 16, 2025. I-Mab undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this conference call. Now I would like to hand over the call to I-Mab's Chief Executive Officer, Dr. Sean Fu. Sean? Recommended For You |
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2025-10-17 22:36
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Snap 72 Hour Deadline Alert: Former Louisiana Attorney General And Kahn Swick & Foti, LLC Remind Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Snap Inc. - SNAP | stocknewsapi |
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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 20, 2025 to file lead plaintiff applications in a securities class action lawsuit against Snap Inc. (NYSE: SNAP), if they purchased the Company's securities between April 29, 2025 to August 5, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for th.
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2025-10-17 22:36
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United Lithium Announces LOI to Acquire Uranium and Rare Earth Explorer Swedish Minerals AB, Creating a Diversified Nordic Strategic Metals Platform and Financing | stocknewsapi |
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October 17, 2025 18:18 ET
| Source: United Lithium VANCOUVER, British Columbia, Oct. 17, 2025 (GLOBE NEWSWIRE) -- UNITED LITHIUM CORP. (“United” or the “Company”) (CSE: ULTH; OTCQX: ULTHF; FWB: 0UL) is pleased to announce that it has entered into a binding Letter of Intent (“LOI”) with Swedish Minerals AB (“SM”) to acquire all of the issued and outstanding shares of SM (the “Transaction”). The combination of United and SM will seek to establish a leading Nordic-based strategic-metals explorer with a diversified portfolio of lithium, uranium, and rare-earth assets positioned to support Europe’s accelerating clean-energy transition and nuclear-power resurgence. Transaction Summary Acquisition: United will acquire 100% of the issued and outstanding shares (each, a “SM Share”) of SM.Consideration: In consideration for the SM Shares, SM shareholders will receive an aggregate of 25,000,000 common shares (each a “Share”) of United at a deemed price of $0.20 per Share (pre-consolidation), and $450,000 in cash, payable as a $50,000 non-refundable deposit upon execution of the LOI and $400,000 at Closing (as defined below) (unless an exclusivity extension is exercised, in which case the balance shall be adjusted as set forth below), all on a pro rata basis. All Shares issued in connection with the Transaction shall be subject to applicable resale restrictions and prior Canadian Securities Exchange (the “Exchange”) approval.Share Consolidation: In connection with the closing of the Transaction (the “Closing”), United will conduct a consolidation of its issued and outstanding shares on the basis of one post-consolidation Share for every two (2) pre-consolidation Shares (the “Consolidation”), which is anticipated to result in a total of approximately 43,870,527 Shares being issued and outstanding.Leadership & Board: Upon Closing, the board of directors of United will be reconstituted to comprise five members, with three directors nominated by United and two directors nominated by SM (the “United Board Reconstitution”). All director nominees will be mutually agreed upon by both parties prior to execution of the definitive agreement. In addition, Andrew Bowering will be appointed Interim Chief Executive Officer and Jonathan Franklin will be appointed President of the Company, following the Closing (together, the “Management Appointments”).Royalty: Upon Closing, United will grant to the shareholders of SM a 1.75% net smelter return royalty on all properties currently held by SM on terms to be agreed upon by the Parties. Either party has the right, in its sole discretion, to terminate the LOI at any time prior to the expiry of the exclusivity period (including any extension) if, upon completion of due diligence investigations (including legal, financial, technical, and operational matters), title search, or financial review, either party is not satisfied with the results, or if any material adverse financial matter is identified. In the event of termination by United, any deposit(s) paid by United to SM shall be retained by SM as consideration for exclusivity. In the event of termination by SM, all deposits are to be repaid. For a period of 30 days following execution of the LOI (the “Exclusivity Period”), SM has agreed to not solicit, negotiate, or accept any alternative acquisition or financing proposals relating to SM or its assets. United may, at its sole discretion, extend the Exclusivity Period for an additional 30 days by paying a further non-refundable deposit of $50,000, which shall also be creditable against the purchase price at Closing. Strategic Rationale The acquisition unites United’s lithium development portfolio with SM’s high-grade uranium and rare-earth portfolio spanning Finland and Sweden, two of Europe’s most mining-friendly and energy-independent jurisdictions. SM’s uranium division controls one of the largest privately held uranium portfolios in the EU, including: Riutta Project (Finland): A 100%-owned exploration-stage property located in southeast-central Finland near the town of Eno. The project covers a large area within an established mining region with road access, nearby infrastructure, and proximity to the Terrafame mining operation.Duobblon Deposit (Sweden): A 100%-owned, 630-hectare exploration-stage property located in Sweden’s established Gold Line Belt near Sorsele. The property benefits from excellent access to road, power, and other regional infrastructure within a proven mining district.Norr Döttern Project (Sweden): The Norr Döttern Project is a 100%-owned, 2,900-hectare exploration-stage property located near Arvidsjaur in north-central Sweden. The project lies within a well-known mineral belt and is accessible year-round by existing road and power infrastructure.Märrviken Project (Sweden): A 100%-owned, 2,710-hectare exploration-stage property located near Ånge in central Sweden. The project lies within a well-established mineral belt and is supported by nearby road and power infrastructure. The LOI is an arms-length transaction. Closing of the Transaction is subject to conditions precedent customary for transactions of a similar nature, including but not limited to: completion of satisfactory due diligence of SM by United, completion of the Consolidation, United Board Reconstitution and the Management Appointments, and receipt of all necessary regulatory approvals, including all required filings with the Exchange. There can be no assurance that the Transaction will be consummated on the terms contemplated above, or at all. Unit Financing United also announces a non-brokered private placement to raise aggregate gross proceeds of up to $2,250,000 (the “Unit Financing”), through the issuance of up to 15,000,000 pre-Consolidation units (each, a “Unit”) at a price of $0.15 per Unit. Each Unit will be comprised of one pre-Consolidation Share and one pre-Consolidation share purchase warrant (each, a “Warrant”), with each Warrant exercisable in to one additional pre-Consolidation Share at a price of $0.30 per Share for a period of 24 months, subject to an acceleration provision whereby in the event that the pre-Consolidation Shares have a closing price on the Exchange (or such other exchange on which the Shares may be traded at such time) of $0.60 or greater per Share for a period of ten (10) consecutive trading days at any time after the Closing, United may accelerate the expiry date of the Warrants at any time after the date that is four months and one day after Closing, by giving notice to the holders thereof (by disseminating a news release advising of the acceleration of the expiry date of the Warrants) and, in such case, 100% of the then unexercised Warrants will expire on the thirtieth day after the date of such notice. The Unit Financing is not conditional upon the closing of the Transaction, and United intends to proceed with same whether or not the Transaction completes. The proceeds from the offering are anticipated to be used for general working capital purposes and for continued exploration of the Company’s properties. A portion of the proceeds may be used in connection with the Transaction and for exploration activities on SM’s properties following the Closing. All securities issued in connection with the Unit Financing will be subject to applicable resale restrictions. On Behalf of The Board of Directors “Scott Eldridge” President, Chief Executive Officer and Director Telephone: +1-604-428-6128 About United Lithium United Lithium is an exploration & development company energized by the global demand for lithium. The Company is targeting lithium projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development, and production opportunities. The Company’s consolidated financial statements and related management’s discussion and analysis are available on the Company’s website at https://unitedlithium.com or under its profile on SEDAR+ at www.sedarplus.ca. Forward‐Looking Statements: This news release contains forward‐looking statements and forward‐looking information (collectively, “forward‐looking statements”) within the meaning of applicable Canadian legislation. Forward‐looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. All statements in this news release that are not purely historical are forward‐looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future. Specifically, the forward-looking statements include: (i) United’s ability to complete satisfactory due diligence and title review of SM and its properties, (ii) that the Transaction or the Unit Financing will be approved by the Exchange, and (iii) that either the Transaction or the Unit Financing will close. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. In making the forward‐looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will support the viability of critical mineral resource exploration, the availability of the financing required for the Company to carry out its planned future activities, the availability of and the ability to retain and attract qualified personnel, and the receipt of all necessary regulatory approvals. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, future prices of minerals, changes in the financial markets and in the demand for minerals, changes in laws, regulations and policies affecting the mineral exploration industry, as well as the risks and uncertainties which are more fully described in the Company’s annual and quarterly management’s discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company’s SEDAR+ profile. Ongoing labour shortages, inflationary pressures, rising interest rates, the global financial climate and the conflicts in Ukraine and Palestine and surrounding regions are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company’s operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward‐looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned that forward‐looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward‐looking statements due to the inherent uncertainty of such statements. The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law. The Canadian Securities Exchange has not approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release. |
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2025-10-17 22:36
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2025-10-17 18:21
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Signature Resources Announces Option Grant to the Board, Management and Advisors | stocknewsapi |
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October 17, 2025 6:21 PM EDT | Source: Signature Resources Ltd.
Toronto, Ontario--(Newsfile Corp. - October 17, 2025) - Signature Resources Ltd. (TSXV: SGU) (OTCQB: SGGTF) (FSE: 3S30) ("Signature" or the "Company") is pleased to announce that the Board of Directors has granted a combined total of 2,400,000 incentive stock options to the Board, Management and Advisors of the Company. The options have an exercise price of $0.055, in line with the concurrent financing, and expire five years from the grant date. The options vest 25% immediately and 25% annually thereafter until the third anniversary. The options are the only form of compensation provided to non-executive directors of the Company. All options are subject to the terms and conditions of the Company's Option Plan and applicable regulatory approvals. About Signature Resources Ltd. The Company is a Canadian based advanced stage exploration company focused on expanding the 100% Lingman Lake gold deposit, located within the prolific Red Lake district in Northwestern Ontario, Canada. The Lingman Lake gold property (the "Property") consists of 1,274 single-cell and 13 multi-cell staked claims, four freehold fully patented claims and 14 mineral rights patented claims totaling approximately 24,821 hectares. The Property includes what has historically been referred to as the Lingman Lake Gold Mine, an underground substructure consisting of a 126.5-metre shaft, and 3-levels at depths of 46-metres, 84-metres and 122-metres. There has been over 43,222 metres of drilling done on the Property and four 500-pound bulk samples that averaged 19 grams per tonne of gold. The Company's initial mineral resource estimate contain an indicated 95,200 ounces with an average grade of 1.38 g/t Au and and inferred 674,320 ounces at and average grade of 1.14 g/ Au at a cutoff grade of 0.30 g/t. The company is focused on rapidly expanding the known mineralized envelop with its 100% owned diamond drilling rigs. In November 2023, Wataynikaneyap Power energized a new 115kV high tension transmission line within 40 km of the historic Lingman Lake Mine (https://www.wataypower.ca/). Cautionary Notes Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions and risks associated with infectious diseases and global geopolitical events. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to changes in general economic and financial market conditions, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270973 |
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2025-10-17 22:36
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2025-10-17 18:22
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This AI Chip Giant Could Be the Market's Next Big Winner | stocknewsapi |
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Talk of an artificial intelligence (AI) bubble has been on the rise among mainstream media and some executive commentaries. That’s a normal reaction to the bullish—parabolic even—price action in the technology sector, especially in the names involved with chip and semiconductor production. Yet amid the hype, there is one name that stands out as a disciplined and strategic way to play the trend.
Taiwan Semiconductor Manufacturing Today TSM Taiwan Semiconductor Manufacturing $295.37 -4.47 (-1.49%) As of 03:59 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. 52-Week Range$134.25▼ $311.37Dividend Yield0.88% P/E Ratio33.68 Price Target$371.67 After reporting better-than-expected quarterly earnings on Oct. 16, Taiwan Semiconductor Manufacturing NYSE: TSM stock began the trading day with a 0.5% rally. But the real story lies under the hood: even with Wall Street expectations already sky-high, Taiwan Semiconductor managed to beat the Street, underscoring the strength of its business and its essential role in powering the AI revolution. Breaking Down the Numbers: Taiwan Semiconductor’s Growth Engine Double-digit percentage growth rates are typically seen in smaller companies. So when $1.2 trillion company posts a 40.8% growth in revenue over the past year, it's a different story. This revenue jump reveals several key points for prospective or existing shareholders in Taiwan Semiconductor. First, pricing power remains intact despite recent geopolitical tensions in the space, particularly tariff uncertainty as the United States aims to onshore its semiconductor manufacturing footprint and capacity. Secondly, TSM's near-monopoly status has accelerated its solid position in the industry. Management had estimated gross profit margins would be between 55.5% and 57.5%, but they ended up reporting a much higher 59.5%. This ability to outperform and expand its margins will directly translate into shareholder gains, including higher net income margins and earnings per share (EPS), ultimately driving stronger valuations. Notably, the company’s net income margin climbed from 42.8% in the same quarter last year to 45.7% this quarter. Given its current position, Taiwan Semiconductor has an open field to reallocate these earnings into further expansion and efficiency, as demonstrated by its return on equity (ROE) metric of 37.8%, which is above that of most other peers in the industry. For comparison, Advanced Micro Devices Inc. NASDAQ: AMD achieved an ROE of 4.7%. The best part? These numbers are expected to improve, as management has now guided gross margins to be between 59% and 61% for the fourth quarter of 2025. This is directly accretive to the bottom-line EPS and ROE, further boosting the company’s valuation. Analysts Raise the Bar After Blowout Quarter TSM’s muted post-earnings rally might seem underwhelming at first, but the broader macro environment helps explain the reaction. The United States is still navigating a potential government shutdown and tensions remain high with China, particularly around rare earth metal exports. However, not everyone on Wall Street is erring on the side of caution. Analysts have given TSM a consensus price target of $363.33, implying an increase of 20.4% from today’s price (not to mention a new all-time high). One analyst, Susquehanna's Mehdi Hosseini, believes the stock has 32.5% upside potential, as evidenced by his price target increase from $300 to $400. TSM offers a compelling mix of momentum and stability for investors looking to capitalize on AI and chip growth without the wild swings of smaller names. Its lower volatility profile, coupled with strong fundamentals and rising analyst targets, makes it one of the few AI-related stocks that could still have significant upside without the downside risk of newer, less-established peers. Should You Invest $1,000 in Taiwan Semiconductor Manufacturing Right Now?Before you consider Taiwan Semiconductor Manufacturing, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Taiwan Semiconductor Manufacturing wasn't on the list. While Taiwan Semiconductor Manufacturing currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions. Get This Free Report |
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2025-10-17 22:36
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2025-10-17 18:25
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Pinterest: Try ChatGPT Or Gemini, Then You'll Understand The Valuation | stocknewsapi |
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Pinterest has successfully transformed into a personalized shopping and inspiration platform, driving strong user and revenue growth. PINS is undervalued relative to its growth, but justified concerns about AI-driven disruption from platforms like ChatGPT and Gemini weigh on its valuation. Despite industry-leading ARPU and revenue gains, PINS still relies on non-GAAP metrics and must improve profitability to reach its full potential.
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2025-10-17 22:36
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2025-10-17 18:26
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Rosen Law Firm Encourages Zions Bancorporation, N.A. Investors to Inquire About Securities Class Action Investigation - ZION, ZIONP | stocknewsapi |
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, /PRNewswire/ --
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Zions Bancorporation, N.A. (NASDAQ: ZION, ZIONP) resulting from allegations that Zions Bancorporation may have issued materially misleading business information to the investing public. So What: If you purchased Zions Bancorporation, N.A. securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=46354 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. What is this about: On October 15, 2025, Zions Bancorporation, N.A. announced that it would be taking a $50 million charge-off for a loan underwritten by its wholly-owned subsidiary, California Bank & Trust, in light of "apparent misrepresentations and contractual defaults by the Borrowers and Obligors and other irregularities with respect to the Loans and collateral." Zions Bancorporation, N.A. further disclosed that it would be engaging counsel to coordinate an independent review of the matter. On this news, Zions Bancorporation, N.A. common stock fell 13.14% on October 16, 2025. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In |
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2025-10-17 22:36
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2025-10-17 18:26
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Fifth Third Sees Embedded Finance as a Growth Engine as Comerica Deal Looms | stocknewsapi |
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Fifth Third Bancorp’s third quarter results showed growth in demand deposit accounts, embedded payments and limited exposure to NDFIs.
During the conference call with analysts, CEO Tim Spence took note of the recently-announced Comerica deal and said that “the revenue and expense synergies from Comerica should produce a well-diversified, even more profitable company with even better long-term growth.” The company’s loan growth stood at 6%, and average demand deposit growth of 3% was outpaced by consumer DDA growth of 6%. The company added 13 branches in the Southeast and management said that the company is on track to open 27 more branches by the end of 2025. “Consumer households across the Southeast increased by 7% year over year, more than four times the rate of underlying market growth,” Spence said. “We’ll leverage the same proven de novo playbook, marketing tactics, and differentiated digital offerings to drive retail deposit growth as we add 150 branches to Comerica’s Texas footprint. Together, we’ll have a presence in 17 of the fastest growing large U.S. metro areas … We are excited to add Comerica’s strong verticals to our existing expertise, including in national dealer services, environmental services, and tech and life sciences, among others,” Spence said. Growth in Embedded Finance With a nod to commercial payments and specifically the embedded finance platform, fees grew by 3% from the most recent quarter and Newline revenues were up 31% as deposits grew by more than $1 billion, to stand at $3.9 billion at the end of the most recent quarter. Advertisement: Scroll to Continue “We expect New Line to sustain its growth as transactional activity ramps from the rollout of Stripe Treasury and many other category-defined payments customers who build on New Line’s APIs,” Spence said. Company materials indicated that within the consumer portfolio, 30 to 89 day delinquencies were 0.47%, flat with the previous quarter and down slightly from a year ago. CFO Bryan Preston said that Provide, the FinTech lending platform for practice finance, continues to drive growth, with balances up nearly $1 billion over the last year and told analysts that “pipelines for middle market and corporate banking remain strong heading into year-end … we remain focused on granular insured deposits, growing average consumer and small business deposits by 1% sequentially.” The net charge-off ratio was 109 basis points for the quarter, which includes $178 million in net charge-offs from Tricolor, said Preston. “The broad consumer portfolio remains healthy, with non-accrual and over 90 delinquency rates stable to improving across loan categories,” he said. Management guidance called for loans to be up by 1% in the months ahead, driven in part by consumer lending. The total year adjusted revenue growth is projected to be 5%. Fifth Third shares were up 1.3% at the close of trading on Friday. As has been seen with other bank earnings call, the discussion turned to NDFI. “It’s a portfolio that we have maintained at low levels. We’re at one of the lowest levels of NDFI concentrations of large banks. We’re at about 8% of the total portfolio,” Chief Credit Officer Greg Schroeck said. 33% of the book is tied to real estate and “about 24% of the NDFI balances are to payment processors, insurance companies, brokerage firms, and SBIC firms or funds. Balances in this category are primarily related to large players, well-recognized names, and not at all related to the conversations going on in the markets right now.” During discussion about tariffs, Spence related that among commercial clients, and with detail on one specific unnamed client, “the quote of the quarter went to the client who referred to his outlook as, quote, ‘nauseously optimistic.’ “The tariff uncertainty absolutely continues to weigh on any clients that are exposed. That said, I would tell you in general, people are more optimistic than they were in the second quarter … the question mark really has been what would be the, who would bear the brunt of the tariffs?” Spence said. He continued: “I would say now on balance, there’s a sort of a shared pain approach here where the supplier, the intermediary, and the customer are each absorbing about a third of the increased cost … The folks that are having the most robust demand, obviously, are the people who are either attached to the big government infrastructure investments, things like bridges and roads that are moving forward, or the folks that are attached to AI.” |
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2025-10-17 22:36
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2025-10-17 18:28
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Bradesco Q3 Earnings Preview: Expectation Of Further Improvements | stocknewsapi |
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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2025-10-17 21:36
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2025-10-17 16:05
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Bitcoin Price Prediction: Florida's Crypto Bill and $198B U.S. Surplus Boost Market Outlook | cryptonews |
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Florida's bold crypto bill and U.S. surplus fuel optimism — Bitcoin price prediction points to a breakout toward $120K.
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2025-10-17 21:36
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2025-10-17 16:07
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FLOKI Price Consolidates Near Lower Bollinger Band as Macro Headwinds Weigh on Meme Coin Sentiment | cryptonews |
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Terrill Dicki
Oct 17, 2025 21:07 FLOKI trades at $0.00, down 1.13% as JPMorgan's economic warnings and government Bitcoin movements create cautious sentiment across crypto markets. Quick Take • FLOKI trading at $0.00 (down 1.1% in 24h) • Macro headwinds from JPMorgan's inflation warnings damping risk appetite • Price testing lower Bollinger Band support with RSI in neutral territory • Following Bitcoin's decline amid broader crypto market weakness Market Events Driving Floki Price Movement FLOKI price action this week reflects the broader cryptocurrency market's response to mounting macroeconomic concerns rather than token-specific catalysts. The most significant headwind emerged from JPMorgan CEO Jamie Dimon's cautionary statements on October 14th regarding weaker employment prospects and persistent inflation, which has dampened investor appetite for risk assets including meme coins. The U.S. government's movement of 668 BTC on the same day added to market uncertainty, with traders interpreting large-scale government transfers as potential selling pressure. This development particularly impacts smaller altcoins like FLOKI, which tend to amplify Bitcoin's directional moves during periods of heightened volatility. Gold's extreme overbought reading with an RSI of 91.8 signals potential safe-haven rotation, historically negative for speculative crypto assets. In the absence of major FLOKI-specific news catalysts over the past 48 hours, the token has traded primarily on technical factors while remaining sensitive to these broader market dynamics. FLOKI Technical Analysis: Consolidation at Key Support Price Action Context The current FLOKI price sits well below its key moving averages, with the token trading at a significant discount to its 20-day SMA. This positioning indicates the prevailing bearish sentiment that has characterized recent sessions. Trading volume of $19.8 million on Binance spot markets suggests moderate institutional interest, though substantially below levels seen during previous rally phases. Bitcoin's concurrent decline has provided little support for FLOKI, with the meme coin largely following the broader crypto market's risk-off sentiment. The correlation remains strong during periods of macro uncertainty, limiting FLOKI's ability to establish independent upward momentum. Key Technical Indicators The RSI reading of 35.16 places FLOKI in neutral territory with room for further downside before reaching oversold conditions. This suggests the current selling pressure could persist in the near term without immediate technical relief signals. FLOKI's position at 0.1554 on the Bollinger Band %B indicator shows the token trading near the lower band, a level that has historically provided support during previous consolidation phases. The MACD histogram's negative reading confirms bearish momentum remains intact, though the shallow slope suggests selling pressure may be moderating. Critical Price Levels for Floki Traders Immediate Levels (24-48 hours) • Resistance: Upper Bollinger Band and 20-day SMA convergence zone • Support: Lower Bollinger Band acting as immediate technical floor Breakout/Breakdown Scenarios A break below the lower Bollinger Band support could trigger additional selling toward the next significant support level established during previous consolidation periods. Conversely, a recovery above the 20-day SMA would signal potential reversal of the current bearish bias, though such a move would likely require broader crypto market strength. FLOKI Correlation Analysis Bitcoin's influence on FLOKI price remains pronounced, with the meme coin following BTC's directional moves amid current market uncertainty. The correlation has strengthened during this risk-off period, limiting FLOKI's ability to establish independent momentum. Traditional market factors, particularly concerns about Federal Reserve policy and inflation persistence highlighted by Dimon's comments, continue to influence crypto sentiment broadly. Gold's overbought condition suggests potential rotation away from risk assets, which could maintain pressure on FLOKI and similar speculative tokens. Trading Outlook: Floki Near-Term Prospects Bullish Case Recovery requires stabilization of broader macro sentiment and Bitcoin's return to an upward trajectory. A successful defense of current lower Bollinger Band support could provide the foundation for a technical bounce, particularly if accompanied by increased trading volume. Resolution of near-term inflation concerns could restore risk appetite across crypto markets. Bearish Case Continued macro headwinds and potential Federal Reserve hawkishness represent primary downside risks. A breakdown of current technical support levels could accelerate selling pressure, especially if Bitcoin fails to maintain key support zones. Persistent low trading volumes would indicate continued institutional caution. Risk Management Traders should consider tight stop-losses below the current lower Bollinger Band level given the uncertain macro environment. Position sizing should account for elevated volatility typical during periods of broader market uncertainty, with particular attention to correlation with Bitcoin's price movements. Image source: Shutterstock floki price analysis floki price prediction |
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2025-10-17 16:10
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Bitcoin Sinks Further After Jamie Dimon's ‘Cockroach' Comment Spooks Wall Street | cryptonews |
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The embattled cryptocurrency fell to $103K early Friday before clawing its way back to $106K in the afternoon. Jamie Dimon's ‘Cockroach' Remark Deepens Bitcoin Sell-Off An offhanded quip by Jamie Dimon, CEO of JPMorgan Chase (JPM) on Tuesday, may have tanked stocks as fears of a bank credit crunch triggered a multi-day sell-off.
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2025-10-17 21:36
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2025-10-17 16:12
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Deribit Rolls Out VIP Fee System as XRP and Solana Options Hit CME | cryptonews |
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Deribit, the world's largest crypto derivatives exchange, is updating its fee structure with an automated VIP tier system, coinciding with the recent start of XRP and Solana options on the CME Group. The new system, set to take effect on November 1, aims to reward high-volume traders with discounted fees while promoting transparency across accounts.
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2025-10-17 21:36
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2025-10-17 16:13
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CRV Tests Support at $0.52 as US Strategic Bitcoin Reserve Lifts Crypto Sentiment | cryptonews |
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Felix Pinkston
Oct 17, 2025 21:13 Curve (CRV) trades at $0.52 amid broader crypto optimism following the US government's establishment of a Strategic Bitcoin Reserve, though technical indicators suggest caution. Quick Take • CRV trading at $0.52 (down 1.4% in 24h) • US Strategic Bitcoin Reserve announcement provides positive backdrop for crypto sector • Price testing lower Bollinger Band support zone • Following broader crypto market weakness despite positive macro developments Market Events Driving Curve Price Movement The establishment of a US Strategic Bitcoin Reserve, holding approximately 127,271 BTC valued at $14.2 billion, has created a positive undercurrent in cryptocurrency markets this week. This unprecedented move signals institutional acceptance of digital assets at the highest government level, indirectly benefiting the entire DeFi ecosystem including Curve Finance. Additionally, corporate Bitcoin holdings reaching $117 billion in Q3 demonstrates continued institutional adoption, with public companies increasingly treating Bitcoin as a treasury reserve asset. This institutional momentum typically flows through to established DeFi protocols like Curve, though CRV price action has remained relatively muted compared to Bitcoin's gains. Despite these positive developments, CRV has declined 1.45% in the past 24 hours, suggesting that protocol-specific factors or profit-taking may be weighing on the token. The broader crypto market has shown mixed reactions to the news, with some assets consolidating gains while others experience short-term selling pressure. CRV Technical Analysis: Consolidation Phase Price Action Context CRV price currently sits well below all major moving averages, with the token trading at $0.52 compared to the 20-day SMA at $0.66 and 50-day SMA at $0.72. This positioning indicates the token remains in a corrective phase despite the broader positive crypto sentiment. The price action shows CRV has not yet participated meaningfully in the institutional adoption narrative that has lifted Bitcoin and other major cryptocurrencies. Trading volume on Binance spot markets reached $31 million in 24 hours, representing moderate activity that suggests neither aggressive buying nor panic selling. The volume profile indicates measured trading rather than the explosive moves typically seen during major breakouts or breakdowns. Key Technical Indicators The RSI reading of 36.22 places CRV in neutral territory with a slight bearish bias, indicating the token is neither oversold nor overbought. This reading suggests room for further downside movement before reaching oversold conditions that might attract value buyers. The MACD histogram at -0.0137 confirms bearish momentum remains in place, though the relatively shallow negative reading suggests selling pressure may be moderating. Curve technical analysis shows the Bollinger Bands position at 0.1565, indicating the price is trading near the lower band, which often provides support in trending markets. Critical Price Levels for Curve Traders Immediate Levels (24-48 hours) • Resistance: $0.56 (7-day moving average and recent range high) • Support: $0.46 (lower Bollinger Band and psychological level) Breakout/Breakdown Scenarios A break below $0.46 support could accelerate selling toward the $0.37 yearly low, representing significant downside risk for current holders. Conversely, a reclaim of $0.56 resistance would signal potential stabilization and could target the $0.66 level where the 20-day moving average currently resides. CRV Correlation Analysis • Bitcoin: CRV is largely following Bitcoin's broader trend but with greater downside volatility, typical of smaller-cap DeFi tokens during uncertain periods • Traditional markets: The S&P 500's stability has provided a neutral backdrop, neither helping nor hindering crypto markets significantly • Sector peers: Other DeFi tokens have shown similar consolidation patterns, suggesting sector-wide profit-taking rather than Curve-specific issues Trading Outlook: Curve Near-Term Prospects Bullish Case Sustained institutional Bitcoin adoption could eventually flow into established DeFi protocols like Curve, particularly if the Strategic Bitcoin Reserve leads to broader crypto regulation clarity. A successful defense of $0.46 support combined with increased DeFi activity could spark a recovery toward $0.66-$0.72 resistance zone. Bearish Case Failure to hold current support levels amid potential profit-taking in the broader crypto market could see CRV price decline toward yearly lows. Weak DeFi sector performance or broader market correction could pressure the token further despite positive macro developments. Risk Management Conservative traders should consider stop-losses below $0.45 to limit downside exposure, while position sizing should account for the elevated volatility indicated by the 14-day ATR of $0.09. The current technical setup favors patience over aggressive positioning until clearer directional signals emerge. Image source: Shutterstock crv price analysis crv price prediction |
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ChatGPT's BTC Analysis: $105K Tests Key 200-Day EMA as Trump Cancels China Tariffs | cryptonews |
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ChatGPT's BTC Analysis has outlined a 2.78% decline to $105,191 with a test of the 200-day EMA at $104,901, as Trump has canceled China tariffs. $1.2B liquidations, RSI near 52 and a converging MACD have set the tone, while Polymarket has priced a 52% chance of sub-$100K this month. Volume higher.
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Ripple Supercharges XRP Ecosystem with $1 Billion Strategic Buyback | cryptonews |
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TL;DR
Ripple plans to raise $1 billion in XRP through a SPAC to create a Digital Asset Treasury, a move that has split the market between enthusiasm and skepticism. The initiative follows Ripple’s $1 billion acquisition of GTreasury and reflects the company’s interest in treasury models used by MicroStrategy and Metaplanet. Analysts warn that an XRP-based treasury could expose Ripple to liquidity and volatility risks, while others see it as a bet to strengthen the token’s utility. Ripple announced an ambitious plan to raise $1 billion in XRP through a SPAC and allocate the funds to a Digital Asset Treasury (DAT), a move that has already divided market sentiment between optimists and skeptics. If completed, it would mark one of the largest XRP-focused operations to date and signal the company’s intent to reinforce its balance sheet using its own token. However, it also opens a debate on the distinction between real value creation and financial engineering. The initiative came shortly after Ripple confirmed the $1 billion acquisition of GTreasury, a move aligned with its interest in corporate treasury management tools. The reference to models like MicroStrategy and Metaplanet is clear: turning a strategic crypto position into a treasury asset that, in theory, could generate value for the company. Yet, the comparison also has fine print—digital treasuries are fragile when markets panic, and sudden downturns can trigger forced sales or erode the expected advantage. Ripple’s Proposal Splits the Community The market turmoil on October 10, marked by massive liquidations and risk aversion, exposed the sensitivity of DATs and their dependence on favorable liquidity conditions. In that context, some analysts and community members questioned whether buying large amounts of one’s own token is a growth strategy or simply an attempt to prop up prices. The criticism centers on manipulation concerns and the difficulty of turning buybacks into genuine adoption. Supporters, however, argue that a strong XRP treasury could enhance the token’s utility and foster new liquidity and product initiatives within Ripple’s ecosystem. They see the plan as an institutional-level bet that demonstrates conviction and long-term commitment to the token’s development. Ripple’s proposal presents a crossroads for the community: on one side, the opportunity to build a strategic position in XRP; on the other, the challenge of proving that such accumulation will lead to real adoption and utility rather than a temporary price boost. As the details are finalized, the market awaits the outcome and potential impact of this new initiative |
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HBAR price to crash further amid Hedera ecosystem woes | cryptonews |
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HBAR price has crashed into a bear market after falling nearly 50% from its highest point in August, and its weak fundamentals and technicals point to more downside.
Summary HBAR price is about to form the risky death cross pattern. Its technicals point to more downside in the near term. Hedera’s fundamentals have deteriorated, with its TVL falling. Hedera’s fundamentals are deteriorating The Hedera (HBAR) price has been in a strong downtrend in the past few weeks, mirroring the performance of Bitcoin (BTC) and other top altcoins. This crash could accelerate as its top fundamentals deteriorate. For example, despite its big name in the crypto industry and high market cap, Hedera’s role in key industries is fairly small. For example, Hedera has struggled to attract the top blue-chip developers like Uniswap, PancakeSwap, and Aave in its decentralized finance ecosystem. As a result, its total value locked in the industry is just $168 million, down by 30% in the last 30 days. While $168 million is a lot of money, it is a small figure in the DeFi industry, which has over $280 billion in assets. Hedera has been overtaken by recently launched chains like Katana, Unichain, and Base. Hedera does not have a significant market share in the gaming and non-fungible token industry. Most importantly, despite launching Stablecoin Studio in 2024, its total supply stands at just $89 million. This is a small amount in an industry with over $300 billion in assets. Most importantly, Hedera’s governance council is made up of blue-chip companies like Google, IBM, LG, Boeing, Dell, and Nomura. However, it is unclear whether these companies are using its blockchain. HBAR price technical analysis Hedera price chart | Source: crypto.news The daily chart shows that the Hedera price has plunged in the past few months. The HBAR token has dropped from a high of $0.3052 to the current $0.1600. The coin recently invalidated the double-bottom pattern by falling below the key support at $0.2065. Most importantly, it is nearing the formation of a death cross pattern, which occurs when the 50-day and 200-day moving averages cross. HBAR price has also moved below the Ichimoku Cloud indicator. Therefore, the token will likely continue falling as sellers target the key support at $0.1015. This is an important level, as it was the lowest point this month and also the ultimate support of the Murrey Math Lines. |
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2025-10-17 21:36
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2025-10-17 16:19
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INJ Tests Lower Bollinger Band Support at $8.41 as Transaction Milestone Provides Bullish Catalyst | cryptonews |
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Darius Baruo
Oct 17, 2025 21:19 Injective price trades at $8.41 near technical support after reaching record transaction milestone, with Bitcoin's $110K breakthrough providing market-wide momentum for recovery. Quick Take • INJ trading at $8.41 (down 2.0% in 24h) • Record transaction milestone achieved signals growing network adoption • Price testing critical lower Bollinger Band support at $7.55 • Bitcoin's surge past $110,000 lifting broader crypto sentiment Market Events Driving Injective Price Movement Injective Protocol's announcement of surpassing a significant transaction milestone on October 15 has emerged as the primary bullish catalyst for INJ price action this week. The achievement indicates accelerating network activity and adoption, contributing to a 3% price increase following the announcement. This fundamental development demonstrates the protocol's growing utility in the decentralized finance ecosystem. Bitcoin's breakthrough past $110,000 on October 14 created a positive ripple effect across the cryptocurrency market, with INJ benefiting from the broader altcoin rally that delivered a 5% price boost. The milestone reinforced institutional confidence in digital assets and provided crucial momentum for risk-on positioning in crypto markets. The Federal Reserve's decision to maintain interest rates on October 13, citing ongoing inflation concerns, had a neutral impact on INJ price. While the decision avoided additional pressure on risk assets, it also limited the potential for aggressive capital rotation into cryptocurrencies. INJ Technical Analysis: Testing Critical Support Zone Price Action Context INJ price currently trades significantly below all major moving averages, with the token positioned at $8.41 compared to the 20-day SMA at $11.14 and 50-day SMA at $12.40. The 24-hour trading range of $7.77 to $8.75 highlights the ongoing consolidation near technical support levels. Injective technical analysis reveals the price is testing the lower Bollinger Band at $7.55, representing a critical juncture for near-term direction. Trading volume on Binance spot reached $10.87 million in the past 24 hours, indicating moderate institutional interest despite the price decline. The volume profile suggests accumulation near current levels rather than panic selling. Key Technical Indicators The RSI reading of 31.45 places INJ in neutral territory with room for recovery without reaching oversold conditions. The MACD histogram at -0.2825 confirms bearish momentum, though the narrowing gap between MACD and signal lines suggests potential stabilization. Bollinger Bands positioning shows INJ at 0.1197 %B, indicating the price sits very close to the lower band support. This technical setup often precedes either a bounce or a significant breakdown, making the next 48 hours critical for direction. Critical Price Levels for Injective Traders Immediate Levels (24-48 hours) • Resistance: $9.08 (7-day moving average confluence) • Support: $7.55 (lower Bollinger Band and psychological level) Breakout/Breakdown Scenarios A break below $7.55 support could trigger selling toward the strong support zone at $2.74, representing significant downside risk. Conversely, reclaiming the $9.08 level would signal potential recovery toward the $11.14 resistance at the 20-day moving average. INJ Correlation Analysis Injective demonstrates strong correlation with Bitcoin's price movements, as evidenced by the 5% rally following BTC's $110,000 breakthrough. This correlation suggests INJ price will likely follow Bitcoin's lead in the near term, making BTC technical levels crucial for INJ traders. Traditional market correlations remain muted, with the Federal Reserve's rate decision having minimal direct impact on INJ price action. The focus remains on crypto-specific catalysts and Bitcoin's momentum. Trading Outlook: Injective Near-Term Prospects Bullish Case The transaction milestone achievement provides fundamental support for higher valuations, while the oversold technical condition near lower Bollinger Band support creates potential for a relief rally. A sustained Bitcoin rally above $110,000 could drive INJ toward the $11.14 resistance level. Bearish Case Failure to hold $7.55 support combined with Bitcoin weakness could trigger accelerated selling toward the $2.74 major support zone. The bearish MACD configuration suggests downside momentum remains intact. Risk Management Conservative traders should consider stop-losses below $7.50 to limit downside exposure. Given the Average True Range of $1.28, position sizing should account for potential 15-20% daily volatility swings. Image source: Shutterstock inj price analysis inj price prediction |
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Institutional Bitcoin Demand Is Soaring, but BitGo-Backed Yield Solutions Are the Real Game Changer | cryptonews |
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Institutions are rushing into Bitcoin this cycle. Driven by regulatory clarity, macroeconomic shifts, and mainstream investment products like spot ETFs, Bitcoin has captured both the interest and capital of institutions, boosting its legitimacy and integrating it more deeply into the traditional financial (TradFi) system.
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Newsmax stock ticks higher amid plans to establish $5 million crypto treasury with Trump token, bitcoin | cryptonews |
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Since making its debut ahead of President Trump's inauguration in January, it has been a steady slide for the TRUMP token.
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Public companies hold $110B BTC, but which are profiting from the Bitcoin standard? | cryptonews |
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Key takeaways:
Early adopters with disciplined Bitcoin strategies outperform peers by 286% on average. Holding Bitcoin alone doesn’t guarantee stock gains as operational strength matters. New entrants show potential, but long-term performance remains uncertain. Public companies holding substantial Bitcoin (BTC) reserves continue to redefine corporate treasury strategy, collectively managing 1,045,887 BTC worth around $110 billion as of Oct. 17. The model pioneered by Strategy Inc. (formerly MicroStrategy) used balance sheets to accumulate BTC as a hedge against inflation and fiat currency debasement. Yet, despite similar goals, their stock performances diverge sharply, revealing who truly benefited from the “Bitcoin standard.” Bitcoin in Treasuries. Source: BitcoinTresuries.netThe analysis focused on the top 20 public companies, each holding more than 5,000 BTC, representing 4.9% of Bitcoin’s total supply across industries spanning mining, fintech, and media. Outperformers: Bitcoin strategy pays offStrategy Inc. (MSTR) led with 640,250 BTC, having begun accumulation on Aug. 11, 2020, at $13.49 per share. Now trading at $284, it has surged 2,000%, eclipsing Bitcoin’s 900% gain over the same period. Through debt-financed purchases and convertible notes, the company has evolved into a “Bitcoin proxy” with a market cap of $83 billion, even after a 45% retreat from 2024 highs. Riot Platforms (RIOT) followed with 19,287 BTC, accumulating since early 2020 at $3.20 per share. Currently at $19.50, that marked a 510% rise, powered by efficient mining operations and treasury expansion. Shares peaked at $71 during the 2021 bull cycle, highlighting their BTC leverage. Companies gaining over 100% in stock value since BTC accumulation. Source: BitcoinTresuries.net/CointelegraphCleanSpark (CLSK) began accumulating BTC in June 2023 at $5.20 and now trades near $20, a 285% gain supported by low-cost mining and reinvestment of mined BTC. Marathon Digital (MARA) held 53,250 BTC, up from $8.50 in December 2020 to $20 today, marking 135% gains. Its hybrid miner-treasury model, backed by $376.7 million in 2024 revenue, underscored the combined strength of operational scale and treasury appreciation. Hut 8 Mining (HUT) began BTC accumulation in March 2018 at $17.60 and traded at $48 on Friday, a 173% rise, benefiting from consistent production growth. Newer entrants also show similar momentum. Bullish (BLSH), with 24,300 BTC, went public on Aug. 12, 2025, at $37, and is now trading at $57.55, up 55%, fueled by exchange synergies and Bitcoin exposure. Coinbase (COIN), holding 11,776 BTC since April 2021, has gained 22%, from $271 to $330, as improved exchange activity and a stabilizing regulatory outlook offset 2022’s volatility. Cango Inc. (CANG), which began BTC accumulation in February 2024, rose from $3.50 to $4.16 (+19%) despite domestic macro headwinds, showing modest BTC-related resilience. Semler Scientific (SMLR), with 5,021 BTC since May 28, 2024, remains near breakeven at $23, but its September 2025 merger with Strive strengthened its positioning as a BTC-driven health-tech play. Underperformers: Strategy falters amid volatilityMetaplanet (MTPLF), often dubbed “Asia’s Strategy,” holds 30,823 BTC, but its shares have tumbled from $13 to $2.8 (–78%), now trading below its $3.4 billion BTC net asset value. The slide reflected yen depreciation, dilution, and balance-sheet overreach. Trump Media & Technology Group (DJT), with 15,000 BTC accumulated since May 30, 2025, has fallen from $21.33 to $15.78 (–26%). Its volatility remained tied more to political cycles than Bitcoin exposure. Block Inc. (XYZ), holding 8,692 BTC since October 2020, has declined to $75 (-55%) from $170 amid payments-sector weakness. BTC treasury companies with negative returns. Source: BitcoinTreasuries.net/CointelegraphGD Culture Group (GDC), which began BTC accumulation on Sept. 17, 2025, at $7.50, now traded at $4.70, a –37% drop after a brief speculative surge. Meanwhile, Twenty-One (XXI), with 43,514 BTC since May 9, 2025, traded up to $12.80 (+22%) from $10.50, though post-merger accounting clouds its BTC-driven impact. Bitcoin Standard Treasury (CEPO), holding 30,021 BTC since March 2025, shows +4% gains. Both of the above companies are too early in their accumulation journey for meaningful assessment. Overall outlook on treasury companiesOut of the top 20 public BTC holders, 11 companies displayed clear Bitcoin-driven performance, averaging 286% gains since adoption, compared to just 45% among peers whose valuations remain business-driven. Early adopters, particularly miners and high-conviction balance-sheet accumulators, continue to dominate. The 2025 landscape proved one thing: holding Bitcoin alone doesn’t guarantee returns. The real growth remains with organizations that combine accumulation with operational discipline and a long-term approach to volatility, turning balance-sheet risk into strategic advantage. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. |
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ALGO Tests Lower Bollinger Band at $0.18 as Bitcoin Downturn Weighs on Crypto Markets | cryptonews |
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Iris Coleman
Oct 17, 2025 21:30 Algorand trades at $0.18 after Bitcoin's 5% weekly decline pressures altcoins, with ALGO price testing critical technical support levels amid mixed ecosystem signals. Quick Take • ALGO trading at $0.18 (down 3.1% in 24h) • Bitcoin's weekly decline creating selling pressure across altcoins • Price testing lower Bollinger Band support at current levels • Technical indicators showing oversold conditions developing Market Events Driving Algorand Price Movement Bitcoin's approximately 5% decline over the past week has created a cascading effect across the broader cryptocurrency market, with ALGO price following the broader risk-off sentiment. The leading cryptocurrency closed at $108,186 on October 16, marking a significant weekly pullback that has weighed heavily on altcoin performance. Despite this macro headwind, Algorand's ecosystem fundamentals showed notable strength with monthly active users surging 34% to 1.34 million in Q3 2025. This growth was driven by increased dApp adoption and initiatives like Coinbase Quests, though governance changes including the removal of staking features have sparked some community skepticism. The technical momentum indicators from earlier this week suggested potential targets in the $0.26-$0.29 resistance zone, representing 13-26% upside potential. However, Bitcoin's renewed weakness has temporarily overshadowed these positive technical setups, with ALGO price now testing critical support levels. ALGO Technical Analysis: Testing Lower Band Support Price Action Context ALGO price currently sits at the lower Bollinger Band at $0.18, representing a critical technical juncture. The cryptocurrency is trading below all major moving averages, with the 7-day SMA at $0.19 providing immediate overhead resistance. The 20-day, 50-day, and 200-day SMAs all converging around $0.21-$0.22 suggests this level will act as significant resistance on any recovery attempt. Trading volume on Binance spot market reached $9.67 million in the past 24 hours, indicating moderate institutional interest despite the price decline. The current positioning below key moving averages reflects the broader crypto market's correlation with Bitcoin's recent weakness. Key Technical Indicators The RSI has dropped to 37.06, approaching oversold territory and suggesting potential for a technical bounce if Bitcoin stabilizes. The MACD remains in bearish territory at -0.0097, though the histogram at -0.0022 shows momentum may be slowing. Algorand technical analysis reveals the Stochastic oscillator at 60.46/%K and 66.36/%D, indicating the market isn't deeply oversold yet, which could allow for further downside if Bitcoin continues declining. Critical Price Levels for Algorand Traders Immediate Levels (24-48 hours) • Resistance: $0.19 (7-day moving average and previous support turned resistance) • Support: $0.17 (24-hour low and psychological round number) Breakout/Breakdown Scenarios A break below $0.17 would target the strong support zone at $0.10, representing the yearly low area. Conversely, a reclaim of $0.19 could spark a relief rally toward $0.21 where multiple moving averages converge. ALGO Correlation Analysis Bitcoin correlation remains strong, with ALGO price movements closely tracking the broader crypto market leader's direction. The 5% Bitcoin decline this week directly contributed to ALGO's 3.1% daily loss and broader weekly weakness. Traditional markets haven't shown significant correlation recently, with crypto-specific factors and Bitcoin's performance being the primary drivers. Among DeFi and smart contract platforms, Algorand is performing in line with sector peers during this risk-off period. Trading Outlook: Algorand Near-Term Prospects Bullish Case A Bitcoin stabilization above $108,000 could allow ALGO price to bounce from current lower Bollinger Band support. The RSI approaching oversold levels creates conditions for a technical rebound toward $0.21-$0.22 resistance cluster. Bearish Case Continued Bitcoin weakness below $108,000 would likely pressure ALGO toward the $0.17 support level and potentially the strong support zone at $0.10. The MACD remaining in negative territory suggests downside momentum could persist. Risk Management Traders should consider stop-losses below $0.17 for long positions, with the daily ATR of $0.02 providing guidance for position sizing. The current volatility environment suggests keeping position sizes modest until Bitcoin establishes a clearer directional bias. Image source: Shutterstock algo price analysis algo price prediction |
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Satoshi Loses $20 Billion as Bitcoin Tumbles | cryptonews |
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The net worth of pseudonymous Bitcoin creator Satoshi Nakamoto has plunged by $20 billion, according to analytics platform Arkham.
Despite the drop, he remains richer than Walmart heiress Alice Walton and Bloomberg L.P. co-founder Michael Bloomberg. Earlier this Friday, the price of the leading cryptocurrency careened to an intraday low of $103,856 before paring most of its losses. HOT Stories Satoshi's mysterious fortune Satoshi's Bitcoin riches were uncovered because of blockchain researcher Sergio Demian Lerner, who discovered that a single miner produced roughly 1.1 million BTC during the very first year of the cryptocurrency's existence. The blocks had a unique "nonce" pattern that made it possible to estimate Satoshi's total holdings. Despite ancient whales regularly waking up from hibernation, Satoshi's tokens have remained untouched. However, it is not certain that Satoshi continues to hold the tokens in question, given that some believe that the Bitcoin creator is no longer alive. The private keys that provide access to the vast BTC wealth might be gone forever if that is the case. Richest billionaires Satoshi's net worth briefly climbed above $130 billion at the beginning of the month when Bitcoin rallied to its current all-time high $126,080 The Forbes list of the wealthiest billionaires includes Elon Musk, Larry Ellison, Mark Zuckerberg, Jeff Bezos, and Larry Page, among other big names. Earlier, there was some speculation about whether or not Satoshi could becom the first trillionaire due to rapid Bitcoin price appreciation. That said, Musk is already halfway there, with his net worth recently surpassing $500 billion. |
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CZ Pushes Coinbase to List More BNB Projects Amid Exchange Rivalry | cryptonews |
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The ongoing competition between Binance and Coinbase has intensified after Binance founder Changpeng Zhao (CZ) publicly called on Coinbase to list more BNB Chain projects. The statement comes shortly after Coinbase added BNB to its official listing roadmap, signaling tentative engagement with the Binance ecosystem.
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Solana decentralized exchange aggregator Jupiter unveils Ultra v3 offering improved trade execution, MEV protections and ‘gasless support' | cryptonews |
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The updated protocol is "seamlessly integrated" into all Jupiter products, including its mobile and desktop apps as well as its API and Pro Tools.
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New XRP ETF Filing Set To Hit The Books With Another Major Twist | cryptonews |
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
ETF issuer Volatility Shares recently filed with the US SEC to launch highly leveraged XRP ETFs, alongside other cryptocurrencies and stocks. Particularly, Volatility Shares has decided to file for a 5× leveraged XRP ETF, a move that caught many traders and analysts off guard. Discussions have intensified among investors following the filing, as it stands out as one of the boldest attempts yet in the crypto ETF world, especially since the SEC has yet to even approve any 3× leveraged crypto products. Volatility Shares’ Expansive ETF Filing According to filings, Volatility Shares is planning to launch both 3x and 5x leveraged ETFs tracking the price of XRP alongside other major cryptocurrencies such as Solana, Bitcoin, and Ethereum. The ETF proposed by Volatility Shares will use futures, swaps and options to achieve a magnified daily performance exposure. The move signals that the issuer is prepared to push the limits of what the US Securities and Exchange Commission (SEC) might tolerate, creating a major twist in the increasing popularity of investment funds linked to digital assets. If approved, the earliest activation date for these leveraged ETFs is December 29, 2025. Market analysts were taken aback, with the filing seeing mixed reactions on social media platforms. ETF expert Henry Jim announced the scope of Volatility Shares’ filing on the social-media platform X. In his post, he exclaimed, “Sonic BOOOM! — 27 leveraged 3× and 5× single-stock ETFs filed by Volatility Shares! His list of the Volatility Shares’ filing included tech heavyweights such as AMD, Amazon, Google, Nvidia, Palantir, and Tesla, alongside crypto-focused funds for Bitcoin, Ethereum, Solana, and XRP, and crypto-related stocks such as crypto exchange Coinbase and Bitcoin treasury firm Strategy. The extensive slate indicates that Volatility Shares is attempting to corner both the equity and crypto leverage markets. Bloomberg ETF analyst Eric Balchunas also expressed astonishment regarding the filings. Balchunas added that the firm could be making an option on a long-term government shutdown, since if there’s no SEC action in 75 days, they can launch. Risks Of Highly Leveraged ETFs Volatility Shares’ proposal for a 5× leveraged ETF comes in the aftermath of the most severe crypto market liquidations, where over $19 billion was wiped out across crypto exchanges in a single weekend. Data from derivatives platforms showed that the majority of those liquidations came from highly leveraged positions. Therefore, these proposed ETFs are a double-edged sword in terms of contributions to the crypto market. For one, it could provide an avenue for more institutional funds into XRP and other cryptocurrencies. If successful, these ETFs could also set a precedent for future high-risk crypto products in the US market. On the other hand, the risk is also magnified. If XRP falls by 2% in a day, the 5× leveraged fund will lose 10%, and that’s just in one day. XRP trading at $2.2 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers. |
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Aster dives 16% – Could $0.85 be next if THIS support fails? | cryptonews |
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Key Takeaways
What’s driving Aster’s sharp decline in price? Heavy selling by whales and Futures traders has triggered intense downward pressure, leading to a 16.83% drop in 24 hours. What could determine Aster’s next move? If retail traders successfully defend the $1 support level, Aster could rebound toward $1.39 and retest the $1.5 resistance. After facing rejection at $1.5, Aster [ASTER] has declined persistently for three days, hitting a low of $1.05. At press time, Aster was trading at $1.09, marking a 16.83% decline over the past 24 hours. With Aster facing intense downside pressure, institutions and whales are aggressively selling. Aster whales dump 17.857 million tokens As Aster approaches a key support level, whales are rapidly exiting their long-term positions. EmberCN reported that one whale deposited 9.575 million tokens worth $12.53 million into Binance, while another transferred 8.282 million tokens to Bybit. Together, these two whales sold a total of 17.857 million Aster tokens, valued at $22.88 million. This selling activity isn’t isolated. According to Nansen, Aster whales collectively offloaded 62.61 million tokens in the past 24 hours, signaling a broader trend of large-scale liquidation. Source: Nansen Often, when whales aggressively offload during a market downturn, it signals a lack of market confidence. Historically, increased selling activity from large holders has preceded lower prices, as downward pressure mounts. Futures become more aggressive! Notably, the selling pressure is not limited to the spot market, as Futures are also aggressively closing positions. According to CoinGlass, sellers have dominated the Futures market over the past three days, closing $2.3 billion worth of positions. Source: CoinGlass On the 17th of October, Aster Futures saw $1.09 billion in inflows compared to $1.24 billion in outflows. As a result, Futures Netflow dropped 132.12%, hitting a low of $153.99 million, a clear sign of aggressive Futures selling. When sellers take control of the futures market, it typically signals a risk-off sentiment, indicating that traders anticipate further price declines. Retail traders hold on Interestingly, while whales and Futures participants are offloading, small-scale traders on the spot market are accumulating. According to CoinGlass, Aster has recorded a negative Spot Netflow for five consecutive days. At press time, Netflow had declined to -$22.04 million, indicating higher outflows. Source: CoinGlass Historically, low exchange inflows have preceded sustained upward pressure, a prelude to higher prices. What’s next for the altcoin? According to AMBCrypto, Aster has declined sharply, driven by increased sell pressure from whales and the Futures market. As a result, the altcoin’s Stochastic RSI dropped to 8.72, as of writing, hitting the oversold territory. Likewise, its Relative Strength Index (RSI) fell to 39, also nearing oversold territory. Source: TradingView Often, when momentum indicators drop to such levels, it signals sellers’ dominance and potential for the current trend to continue. Therefore, if sellers, especially whales, continue to sell, as recently witnessed, Aster could breach $1 support to the downside. If this support breaks, Aster could drop to $0.85. However, if retail traders manage to defend and hold it, they could boost it to reclaim $1.39 and target $1.5 resistance. |
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Dogecoin Faces ‘Do-Or-Die' Moment Ahead of October 23, Analyst Says | cryptonews |
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Dogecoin's next inflection could arrive as soon as October 22–23, according to crypto analyst VisionPulsed, who argues that the memecoin's multi-month rising channel will either confirm with a higher low in the $0.16–$0.18 region or give way to another full “round trip” into year-end.
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2025-10-17 21:36
4mo ago
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2025-10-17 17:01
4mo ago
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BTC Price Pullback Deepens: Is a Bitcoin Drop to $100K Imminent? | cryptonews |
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TLDR:
BTC price slipped below $108K, marking its weakest level in weeks as traders turn cautious near $100K. The $100K zone is seen as the next key support, aligning with Bitcoin’s 365-day moving average trendline. On-chain data shows $100K as a major psychological level that may trigger volatility if breached. Analysts say liquidity has been cleared, leaving BTC in a choppy zone between $98K and $114K. Bitcoin’s latest price action has traders on alert. After weeks of sideways movement between $120,000 and $108,000, the world’s largest cryptocurrency has broken lower. The move adds pressure to an already shaky market where short-term traders are re-evaluating risk. Analysts say the $100,000 level now holds the key to Bitcoin’s next direction. If that support fails, deeper corrections could follow. Per data from CoinGecko, Bitcoin is trading at $107,123 with daily volume above $96 billion. The coin is down 0.68% in the past 24 hours and 8.67% in the last week, extending its slide from last month’s highs. Traders appear cautious as volatility tightens and market liquidity thins. Traders Turn Focus to $100K BTC Price Support Julio Moreno, Head of Research at CryptoQuant, said Bitcoin’s latest drop puts $100,000 at the center of attention. Now that Bitcoin has broken the recent $120k-$108k consolidation range to the downside, $100k becomes the next support level. $100K is the Traders’ On-chain Realized Price Lower band (dotted light-blue line in the chart), which has acted as the last price support during this… pic.twitter.com/k8Vc3smibs — Julio Moreno (@jjcmoreno) October 17, 2025 He explained that $100K aligns with the on-chain “Realized Price Lower Band,” which has provided support during this entire bull run. Moreno added that the same zone also matches the 365-day moving average, making it a confluence level for both technical and on-chain metrics. Market watchers describe $100K as not just a data point but a psychological barrier. It’s the round number that tends to draw reactions from retail and institutional traders. A break below that line could lead to forced liquidations and panic selling. Still, others believe such a drop might attract long-term buyers looking for discounts. Traders on X (formerly Twitter) have echoed mixed reactions. Some see this move as a shakeout before another leg up. Others warn that if support fails, the next meaningful area sits closer to $98K. Analysts Eye Liquidity Zones and Volatility Levels Crypto trader Daan Crypto Trades noted that Bitcoin has been “hunting liquidity” for months. He described the latest drop as the largest flush of this cycle, affecting altcoins more heavily than Bitcoin itself. $BTC Been hunting liquidity for the past few months. With this recent flush being by far the biggest one (especially on alts obviously). Every time, BTC consolidates for several weeks, only to take out a local high/low and fully reverse after. This has been amazing for range… pic.twitter.com/FJa8o7KV2P — Daan Crypto Trades (@DaanCrypto) October 17, 2025 According to him, BTC has spent most of this period moving between wide ranges, shaking out both longs and shorts. Daan added that no major liquidity clusters are nearby, meaning the price could remain unstable before it finds direction. He marked $98K and $114K as the next areas to watch on higher timeframes. Traders expect consolidation to continue, but many agree the next big move depends on whether Bitcoin can hold above that critical $100K threshold. For now, Bitcoin remains range-bound and unpredictable. Traders are eyeing liquidity zones and waiting for confirmation before taking positions. |
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2025-10-17 21:36
4mo ago
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2025-10-17 17:04
4mo ago
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$242 Million in XRP Dumped as Selling Pressure Builds | cryptonews |
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XRP has continued to spark fears among investors as whales are increasingly dumping their tokens amid ongoing market uncertainty.
On Friday, October 17, on-chain tracking platform Whale Alert shared data showing over 106 million XRP being transferred in a move that appears to be an attempt to sell. The tracker spotted two large, consecutive transactions — 53,399,340 XRP and 53,356,907 XRP — being moved between unknown wallets and Coinbase. HOT Stories While both transfers are collectively worth over $242 million, commentators have suggested that whales may be strategically dumping their holdings to hedge against further losses. Although the exact nature of the transactions was not disclosed, they signal mounting sell pressure, which could weigh heavily on price performance and trigger deeper corrections. While some commentators have speculated that one of the transactions might be an OTC (over-the-counter) transfer occurring outside of a crypto exchange, many others have expressed skepticism, believing that both transfers were influenced by the prevailing negative market sentiment. XRP to retest $1?With the XRP market structure appearing increasingly weak and on the verge of a total collapse, there are few, if any, support levels left between current prices and the psychological threshold of $1.00. This suggests that XRP could retest the $1 level in the near term if market momentum does not turn bullish soon. Beyond the increasing selling activity observed in the market, whales have continued to liquidate large positions, putting overall liquidity under significant pressure. However, despite the consistent price declines, analysts remain optimistic about XRP’s long-term prospects. Analysts attribute this optimism to Ripple’s recent developments, highlighting reasons why investors should remain bullish on XRP despite the distressed market conditions. As Ripple continues to aggressively expand its global presence — through major developments such as the launch of its RLUSD stablecoin in Africa and its custody partnership with Absa Bank — the demand for XRP is expected to rise to new heights. These initiatives, which strengthen XRP’s utility in cross-border payments, are anticipated to support a longer-term recovery for the asset despite the ongoing market bloodbath. |
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2025-10-17 21:36
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2025-10-17 17:10
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Bitcoin Falls To Lowest Since June As Various Factors Drive Losses | cryptonews |
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Bitcoin prices fell to their lowest in over three months on October 17.
getty Bitcoin prices extended their recent losses on Friday, October 17, dropping to their lowest value in more than three months as several factors combined to fuel continued declines. The world’s most prominent digital currency reached as little as $103,516.25, according to Coinbase data from TradingView. At this point, the cryptocurrency was down roughly 18% from the all-time high of $126,300 that it reached on October 6, additional Coinbase figures from TradingView reveal. The digital asset was also trading at its most depressed value since approximately June 23. When explaining bitcoin’s recent price movements, analysts highlighted a variety of bearish factors, emphasizing that the digital currency has encountered multiple challenges since reaching its zenith earlier this month. Trump Tariff ImpactSeveral market observers pointed to the impact of tariff announcements made by President Donald Trump, as well as how they have impacted the broader global asset markets. Jacob Joseph, senior research analyst at CoinDesk Data, commented on these developments. “Bitcoin and the broader digital asset market have largely trailed traditional financial assets in recent weeks, including gold and major equity indices,” he stated via email. “This underperformance coincides with increased macroeconomic uncertainty following President Trump’s announcement of potential new tariffs on China, which has led to reduced risk appetite across financial markets. ” Olivier Mammet, head of US OTC trading for Gemini, also commented on these duties, as well as how they have combined with heavy use of leverage to fuel downward price movement. “BTC is down about 16% from its peak around $126,000 last week. The initial drop was related to President Trump’s new tariffs on China that rattled the whole market beyond crypto, but the impact was mostly felt within the crypto space that had good leverage in it,” he stated. “We saw multiple waves of forced liquidations on Friday, with $19 billion worth of positions being liquidated across venues, which explains how we went from $126,000 to $110,000 on Friday alone,” Mammet continued. US Bank ChallengesAnother factor that has contributed to the recent weakness in the global asset markets, and also bitcoin prices, is uncertainty surrounding the status of certain U.S. banks, according to several analysts who contributed input for this article. Shares of several lending institutions, including Western Alliance Bancorp and Zions Bancorporation, tumbled on Thursday, October 16, after these companies announced financial challenges, according to Reuters. More specifically, Western Alliance revealed that it would take a $50 million loss as a result of two loans. Marc P. Bernegger, cofounder of crypto fund of funds AltAlpha Digital, spoke to these developments, stating through emailed commentary that “Reports of losses at US regional banks like Zions Bancorp and Western Alliance due to troubled loans have spilled over into broader financial markets, echoing 2023’s banking stresses and eroding confidence in assets like Bitcoin as well.” Mammet also weighed in on these developments, indicating that “Despite equities trading relatively well (SP500 only down 2-3% from the peak), other negative news such as the uncertainty surrounding regional US bank’s loans is continuing to weigh on the market.” Speculators Seize Control Short traders have seized control of the bitcoin markets this week, according to Julio Moreno, head of research for CryptoQuant. Short positions have been “dominating the futures market basically since October 14, and putting additional downward pressure on the price," he noted. The chart below illustrates these developments: Bitcoin perpetual futures data CryptoQuant Past that, “Spot demand continues to decline,” he added. The chart below shows the drop in bitcoin’s apparent demand. Bitcoin apparent demand data CryptoQuant “Apparent demand is the part of the Bitcoin stock that is bought by new bitcoin holders,” Moreno clarified. “Here, the total stock is defined as Bitcoin that has not moved in 1 year or more,” he added. “When the total stock declines it is because there is new demand for Bitcoin and vice versa,” Moreno continued. |
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