Market Signal Briefing

Rigel Pharmaceuticals (RIGL - Free Report) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.

Analysts' growing optimism on the earnings prospects of this drug developer is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight.

The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.

For Rigel Pharmaceuticals, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.

The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:

12 Month EPS

Current-Quarter Estimate RevisionsThe earnings estimate of $0.94 per share for the current quarter represents a change of +17.5% from the number reported a year ago.

The Zacks Consensus Estimate for Rigel has increased 31.69% over the last 30 days, as one estimate has gone higher compared to no negative revisions.

Current-Year Estimate RevisionsFor the full year, the earnings estimate of $5.66 per share represents a change of +471.7% from the year-ago number.

The revisions trend for the current year also appears quite promising for Rigel, with one estimate moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 11.09%.

Favorable Zacks RankThanks to promising estimate revisions, Rigel currently carries a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.

Bottom LineWhile strong estimate revisions for Rigel have attracted decent investments and pushed the stock 31.6% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away.

Investors might want to bet on Flushing Financial (FFIC - Free Report) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

The upward trend in estimate revisions for this holding company for Flushing Bank reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank.

The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.

Consensus earnings estimates for the next quarter and full year have moved considerably higher for Flushing Financial, as there has been strong agreement among the covering analysts in raising estimates.

The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:

12 Month EPS

Current-Quarter Estimate RevisionsFor the current quarter, the company is expected to earn $0.35 per share, which is a change of +150.0% from the year-ago reported number.

Over the last 30 days, two estimates have moved higher for Flushing Financial compared to no negative revisions. As a result, the Zacks Consensus Estimate has increased 15%.

Current-Year Estimate RevisionsFor the full year, the company is expected to earn $1.24 per share, representing a year-over-year change of +69.9%.

The revisions trend for the current year also appears quite promising for Flushing Financial, with two estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 5.68%.

Favorable Zacks RankThe promising estimate revisions have helped Flushing Financial earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.

Bottom LineWhile strong estimate revisions for Flushing Financial have attracted decent investments and pushed the stock 5.8% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away.

Key Takeaways Commercial aftermarket strength likely lifted TDG's Power & Control segment revenues.Rising air travel and defense demand are expected to boost the Airframe segment performance.Consensus projects Q4 sales up 10.1% and EPS rising 4.3% from the year-ago quarter.
TransDigm Group Incorporated (TDG - Free Report) is slated to report fourth-quarter fiscal 2025 results on Nov. 12, before market open. The company delivered a negative earnings surprise of 1.84% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors Likely to Affect TDG’s Q4 ResultsStrong sales from the commercial aftermarket, backed by steadily improving commercial air travel demand and the resulting higher flight hours and utilization of aircraft, are likely to have contributed favorably to revenues from the Power & Control segment. Steadily improving U.S. Government defense spending outlays, boosting defense sales, are also likely to have benefited this unit’s top-line growth.

Sales from the Airframe segment are likely to have been boosted by the strong air travel growth and rising demand for this unit’s defense products, backed by solid government funding.

A strong top line is likely to have boosted TDG’s overall margin performance, which, along with its cost reduction initiatives, is likely to have contributed favorably to its quarterly bottom line.

Estimates for TDGStrong sales expectations from both its primary segments, which constitute approximately 98% of TDG’s total revenues, are likely to have bolstered its overall quarterly revenue performance.

The Zacks Consensus Estimate for TDG’s fiscal fourth-quarter sales is pegged at $2.41 billion, indicating an improvement of 10.1% from the prior-year number.

The consensus estimate for earnings is pegged at $10.25 per share, indicating an increase of 4.3% from the year-ago figure.

What the Zacks Model Unveils for TDGOur proven model does not conclusively predict an earnings beat for TransDigm this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below.

TDG’s Earnings ESP: TDG has an Earnings ESP of -0.76%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

TDG’s Zacks Rank: TDG currently carries a Zacks Rank #5 (Strong Sell).

You can see the complete list of today’s Zacks #1 Rank stocks here.

Recent Defense ReleasesTextron Inc. (TXT - Free Report) reported third-quarter 2025 adjusted earnings of $1.55 per share, which beat the Zacks Consensus Estimate of $1.47 by 5.4%. The bottom line also rose 10.7% from $1.40 in the year-ago quarter.

The company reported total revenues of $3.6 billion, which missed the Zacks Consensus Estimate of $3.71 billion by 2.8%. Moreover, revenues increased 4.9% from the year-ago quarter’s level of $3.43 billion.

RTX Corporation’s (RTX - Free Report) third-quarter 2025 adjusted earnings per share of $1.70 beat the Zacks Consensus Estimate of $1.42 by 19.7%. The bottom line also improved 17.2% from the year-ago quarter’s level of $1.45.

RTX’s third-quarter sales totaled $22.48 billion, which surpassed the Zacks Consensus Estimate of $21.48 billion by 4.6%. The top line also surged a solid 11.9% from $20.09 billion recorded for the third quarter of 2024.

Northrop Grumman Corporation (NOC - Free Report) reported third-quarter 2025 adjusted earnings of $7.67 per share, which beat the Zacks Consensus Estimate of $6.49 by 18.2%. The bottom line also increased 9.6% from $7 registered in the prior-year quarter.

NOC’s total sales of $10.42 billion in the third quarter missed the Zacks Consensus Estimate of $10.72 billion by 2.8%. However, the top line rose 4.3% from $10 billion reported in the year-ago quarter.

Key Takeaways State Street is in advanced talks to acquire a stake in an Indian mutual fund.The deal will combine STT's technology with the partner's distribution network.STT's expansion aligns with its broader global growth and restructuring efforts.
After partnering with smallcase earlier this year to expand in India’s fintech sector, State Street’s (STT - Free Report) investment management division now seeks to expand in the country’s rapidly growing $900-billion asset management market. Per a Bloomberg report, citing people with knowledge of the matter, STT is in advanced talks to acquire a stake in a mutual fund in India.

As part of the deal, State Street will bring in its proprietary technology and capabilities to combine with the Indian partner’s distribution network. The company is also preparing to introduce model portfolios comprising international equities and exchange-traded funds (ETFs).

By undertaking various business restructuring and inorganic growth efforts, State Street has been expanding its scale over the last few years. Last month, STT acquired global custody and related businesses outside of Japan from Mizuho Financial Group. In April 2025, it partnered with Ethic Inc. to offer customized investment solutions to institutional and financial intermediary clients.

Last year, State Street joined forces with Bridgewater Associates to boost its core alternative investment strategies, partnered with Apollo Global to enhance investors' accessibility to private markets, acquired a 5% stake in Australia-based Raiz Invest Limited, and partnered with Taurus and CF Global Trading. Moreover, STT restructured the nearly 20-year-old European component of the International Financial Data Services LP joint venture (JV) arrangement in Luxembourg and Ireland, and consolidated its India-based operations to assume full ownership of its two JVs.

These efforts are expected to result in revenue and cost benefits for the company. Over the last four years (2020-2024), STT’s revenues witnessed a compound annual growth rate of 2.7%, with the upward trend continuing in the first nine months of 2025. The Zacks Consensus Estimate for the company’s 2025 and 2026 revenues is pegged at $13.82 billion and $14.46 billion, respectively, indicating year-over-year growth of 5.7% and 4.7%.

Image Source: Zacks Investment Research

Like STT, Other Finance Firms Seeking India ExpansionIn order to capitalize on the convergence of rising affluence, favorable demographics and digital transformation in India, BlackRock Inc. (BLK - Free Report) entered a JV with Jio Financial in July 2023, naming it Jio BlackRock. This 50:50 partnership combined the scale and investment expertise of BlackRock with the local market knowledge and digital infrastructure capabilities of Jio Financial.

In May 2025, the JV received final approval from the Securities and Exchange Board of India to start mutual fund operations.

Likewise, HSBC Holdings plc (HSBC - Free Report) is significantly ramping up its India strategy. The firm is opening new branches, focusing on affluent and ultra-affluent clients, re-entering private banking, launching innovation banking, and treating India as a top growth market.

Last year, HSBC’s India branch announced a strategic partnership with Bajaj Allianz General Insurance, one of the leading private general insurers in India. The aim of the bancassurance partnership was to offer Bajaj Allianz’s comprehensive suite of insurance products and services to HSBC’s vast customer base in India, based on a shared vision of financial inclusion and customer empowerment across the country.

STT’s Price Performance & Zacks RankOver the past six months, STT shares have gained 27.8%, outperforming the industry’s 17.7% growth.

Image Source: Zacks Investment Research

State Street currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

RADNOR, Pa., Nov. 06, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against James Hardie Industries plc (“James Hardie”) (NYSE: JHX) on behalf of those who purchased or otherwise acquired James Hardie common stock between May 20, 2025, and August 18, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is December 23, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered James Hardie losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/james-hardie-industries-plc?utm_source=Globe&mktm=PR

You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected].

DEFENDANTS’ ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) despite knowing by April and early May 2025 that its North America Fiber Cement distributors were destocking inventory, James Hardie falsely claimed demand remained strong and that stock levels were “normal”; (2) as a result, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

THE LEAD PLAINTIFF PROCESS:
James Hardie investors may, no later than December 23, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

Kessler Topaz Meltzer & Check, LLP encourages James Hardie investors who have suffered significant losses to contact the firm directly to acquire more information.

CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/james-hardie-industries-plc?utm_source=Globe&mktm=PR

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:     

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.

Key Takeaways Visa's Q4 EPS rose 10% to $2.98 on $10.7B revenue, topping both earnings and sales estimates.Value-Added Services surged 25%, now nearing 30% of Visa's total revenue mix.Visa Direct transactions jumped 23% and stablecoin initiatives are gaining momentum.
Visa Inc. (V - Free Report) , the global payments technology powerhouse, capped fiscal 2025 with another sturdy performance in the fourth quarter, driven by strong processed transactions and robust payment and cross-border volumes. For investors, Visa continues to represent stability, a stock that rarely disappoints. Yet, for some, its dependable growth can seem almost too predictable, lacking the thrill of rapid gains.

Since reporting results on Oct. 28, shares have slipped about 2%, pulling further from the 52-week high of $375.51. Still, the latest earnings reveal plenty brewing beneath the surface, offering a glimpse of just how far Visa’s growth runway extends.

Dissecting Visa’s Q4 EarningsEarnings & Sales Beat: Visa’s EPS of $2.98 beat the Zacks Consensus Estimate by a penny and grew 10% year over year. Also, the top line of $10.7 billion beat the consensus mark by 1% and improved 12% from a year ago.

Major Metrics Remain Solid: Processed transactions grew 10% year over year to 67.7 billion and beat our model estimate of 67.4 billion. On a constant-dollar basis, cross-border volumes surged 12% year over year, as travel activity continued to gain momentum. Also, its payment volumes grew 9% year over year on a constant-dollar basis.

For more insights, read our blog: Visa Q4 Earnings Beat Estimates on Processed Transactions.

Initiatives Paying Off: Visa’s transaction-based model remains resilient, largely insulated from specific spending categories that may ebb and flow with economic cycles. One standout area was Value-Added Services (VAS), which saw revenue grow 25% in constant dollars to $3 billion. A few years ago, VAS contributed 20% of Visa’s top line; it’s now approaching 30%. This rapid expansion highlights the success of Visa’s strategy to diversify income beyond traditional payment processing.

VAS encompasses advisory services, issuing solutions, fraud prevention, tokenization and risk management, tools that deepen Visa’s integration with banks and merchants. The company is also accelerating its push into digital asset infrastructure. Its Visa Tokenized Asset Platform lets banks issue and burn their own stablecoins, while the addition of stablecoin settlement capabilities within Visa Direct enhances cross-border money movement. Visa Direct transactions surged 23% to 3.4 billion, supported by both domestic and international activity.

Its Visa Direct prefund initiatives are designed to address one of the biggest challenges in international payments: liquidity management. As prefunding gains traction, Visa’s ability to move money seamlessly and instantly across borders positions it as a critical bridge between traditional finance and emerging digital ecosystems. Within its CMS division, Visa continues to invest in vertical-specific opportunities and new Visa Direct capabilities to capture further market share.

Since 2020, Visa has managed more than $140 billion in crypto and stablecoin flows, including over $100 billion in user purchases of such assets. With more than 130 stablecoin-linked card programs spanning 40+ countries, Visa has proven its adaptability. Instead of resisting the digital currency wave, it’s absorbing and operationalizing it, turning potential disruption into long-term advantage.

Tailwinds for VisaRegulatory clarity is another tailwind working in Visa’s favor. The passage of the GENIUS Act provided long-awaited guidelines around digital assets, easing legal uncertainty for companies handling stablecoin transactions. Visa, now authorized to settle across four stablecoins and four blockchains, gains a clear advantage over traditional banks that continue to grapple with compliance burdens and legacy systems.

For smaller financial institutions, joining Visa’s network could become a necessity rather than an option. The combination of regulatory clarity and Visa’s digital infrastructure makes it an attractive partner for banks aiming to modernize payment capabilities without massive capital investment. This amplifies Visa’s already formidable network effects, where each additional participant enhances the ecosystem’s scale, data intelligence and profitability.

Armed with robust cash flows, Visa continues to reinvest aggressively in infrastructure, marketing and innovation. With global digital payment adoption accelerating, its $623.7 billion market cap and dominant international footprint provide a durable competitive moat that few stocks can match.

Visa Continues to Reward ShareholdersVisa’s commitment to returning capital remains intact. During the quarter, the company returned $6.1 billion to shareholders ($4.89 billion through buybacks and $1.2 billion via dividends). As of Sept. 30, $24.9 billion remained under its repurchase authorization. The dividend yield of 0.69% sits slightly above the industry average of 0.65%, and Visa’s consistent record of dividend hikes underscores confidence in its long-term cash generation ability.

Favorable Estimates for VisaAnalyst sentiment remains upbeat. The Zacks Consensus Estimate for Visa’s fiscal 2026 and fiscal 2027 EPS implies an 11.7% and 13.3% uptick, respectively, on a year-over-year basis. Similarly, the consensus mark for fiscal 2026 and fiscal 2027 revenues suggests a 10.8% and 10.4% increase, respectively. The company beat earnings estimates in each of the past four quarters, with an average surprise of 2.7%.

Visa’s Price Performance & ValuationYear to date, Visa shares have risen 7.6%, outpacing the industry’s 9.7% decline but trailing the S&P 500’s 16.7% gain. Among peers, Mastercard Incorporated (MA - Free Report) has advanced 5.1%, while American Express Company (AXP - Free Report) has surged 23.3%.

YTD Price Performance Comparison – V, MA, AXP, Industry & S&P 500
Image Source: Zacks Investment Research

Visa’s premium valuation could temper near-term upside, with the stock trading at 26.19X forward price/earnings versus the industry average of 20.81X.

Image Source: Zacks Investment Research

Meanwhile, Mastercard and American Express are currently trading at 29.69X and 21.29X, respectively.

Visa’s HurdlesThat said, competition is intensifying. As reported by The Wall Street Journal, retail heavyweights Walmart and Amazon are exploring the launch of USD-pegged stablecoins to control their payment ecosystems and cut billions in interchange fees currently funneled to networks like Visa and Mastercard. If successful, such efforts could erode a small slice of transaction volume over time.

Visa also faces ongoing legal and regulatory challenges. The U.S. Department of Justice’s antitrust lawsuit remains a cloud over the stock, and proposed legislation such as the Credit Card Competition Act could reshape how interchange fees are governed. Internationally, both Visa and Mastercard are contending with adverse rulings in the U.K., where the London Competition Appeal Tribunal found their multilateral interchange fees in violation of European competition law.

Final Verdict: Hold Visa NowVisa’s fiscal fourth quarter results reaffirm its strength as a digital payments powerhouse. Growth in Visa Direct, tokenization and Value-Added Services is adding depth beyond core transactions. Despite macro concerns and fierce fintech competition, Visa’s scale, cash flow and pricing power remain unmatched. The company continues to reward shareholders through steady buybacks and dividends. While its premium valuation limits short-term upside, Visa’s durable business model and ongoing innovation support long-term growth. With stable fundamentals and a balanced outlook, it currently has a Zacks Rank #3 (Hold).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Ameren posted Q3 2025 EPS of $2.17, topping estimates and up 16% from the prior year.Revenues rose 24.2% year over year to $2.70 billion, driven by stronger electricity sales.Ameren raised its 2025 EPS outlook to $4.90-$5.10, above its earlier guidance range.
Ameren Corporation (AEE - Free Report) reported third-quarter 2025 earnings of $2.17 per share, which beat the Zacks Consensus Estimate of $2.10 by 3.3%. The bottom line also improved 16% from the year-ago quarter’s $1.87 per share.

The year-over-year upside in the bottom line can be attributed to higher revenues and operating income generated in the third quarter of 2025 compared with the second quarter of 2024.

AEE’s Total RevenuesTotal revenues were $2.70 billion in the reported quarter, up 24.2% year over year. Revenues also beat the Zacks Consensus Estimate of $2.41 billion by 12%.

AEE: Highlights of the ReleaseAmeren’s total electricity sales volumes increased 2.4% to 19,009 million kilowatt-hours (kWh) compared with 18,565 million kWh in the year-ago period. Gas volumes decreased 3.4% to 28 million dekatherms from the prior-year period’s level.

Total operating expenses were $1.87 billion, up 18.1% year over year.

The company’s interest expenses in the third quarter totaled $208 million compared with the prior-year quarter’s $173 million.

AEE’s Segmental ResultsThe Ameren Missouri segment reported earnings of $518 million compared with $415 million a year ago. This year-over-year increase was driven by new electric service rates that became effective June 1, 2025, earnings on increased infrastructure investments and lower operations and maintenance expenses.

The Ameren Illinois Electric Distribution segment reported earnings of $57 million in the third quarter compared with $56 million in the previous year.

The Ameren Illinois Natural Gas segment posted a loss of $13 million in the third quarter compared with a loss of $10 million in the prior year.

The Ameren Transmission segment reported earnings of $103 million in the third quarter compared with $100 million a year ago.

AEE’s Financial ConditionAmeren reported cash and cash equivalents of $9 million as of Sept. 30, 2025, compared with $7 million at the end of 2024.

As of Sept. 30, 2025, the long-term debt totaled $19.17 billion compared with $17.26 billion as of Dec. 31, 2024.

As of Sept. 30, 2025, the cash flow from operating activities amounted to $2.40 billion compared with $1.95 billion a year ago.

AEE’s GuidanceAmeren expects to generate earnings per share (EPS) in the range of $4.90-$5.10, higher than its previous guidance of $4.85-$5.05. The Zacks Consensus Estimate for 2025 earnings is pegged at $4.98 per share, which lies below the midpoint of the company’s guided range.

AEE’s Zacks RankAmeren currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Other ReleasesFirstEnergy Corp. (FE - Free Report) reported third-quarter 2025 operating earnings of 83 cents per share, which beat the Zacks Consensus Estimate of 76 cents by 9.2%.

FE’s long-term (three to five years) earnings growth is pegged at 6.46%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $2.53, indicating a year-over-year decline of 3.8%.

NextEra Energy (NEE - Free Report) posted third-quarter 2025 adjusted earnings of $1.13 per share, which surpassed the Zacks Consensus Estimate of $1.04 by 8.65%.

NEE’s long-term earnings growth is currently pegged at 8.04%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $3.68, indicating year-over-year growth of 7.29%.

NiSource Inc. (NI - Free Report) reported third-quarter 2025 operating earnings per share of 19 cents, which missed the Zacks Consensus Estimate of 20 cents by 5%.

NI’s long-term earnings growth is currently pegged at 7.72%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $1.88, indicating year-over-year growth of 7.43%.

TL;DR

The Ethereum Foundation will activate the Fusaka upgrade on December 3, 2025, bringing major improvements to network performance and data availability.
The hard fork introduces the Blob-only fork and PeerDAS, which optimize data handling and increase processing capacity without overloading validators.
Fusaka will expand Layer 1 scalability and benefit Layer 2 solutions.

The Ethereum Foundation has confirmed that the Fusaka upgrade will go live on December 3, 2025, at 21:49:11 UTC, at slot 13,164,544. The new hard fork is designed to boost performance and data availability on the mainnet, improving efficiency across both the consensus and execution layers.

What Fusaka Brings
Fusaka introduces two key innovations: the Blob-only fork and Peer Data Availability Sampling (PeerDAS). The first optimizes the management of large data volumes, allowing Ethereum to process temporary information without overloading permanent storage. The second implements a peer sampling system that increases data-handling capacity, reduces validator load, and improves network synchronization.

According to the Ethereum Foundation, these upgrades will enable greater scalability at the Layer 1 level and directly benefit Layer 2 solutions that rely on the base network’s efficiency. PeerDAS, in particular, will expand data execution capacity and strengthen interoperability across applications and rollups. Developers from Prysm and Lodestar emphasized that the rollout will proceed with extreme caution, prioritizing ecosystem stability and consensus integrity.

The market has reacted with a mix of caution and optimism. While ETH’s price has not shown significant movement, analysts expect Fusaka to strengthen Ethereum’s position against other high-performance blockchains, particularly in areas such as DeFi and modular rollups.

Ethereum Shows No Immediate Reaction
ETH is currently trading at $3,338.50, with a market capitalization of $402.95 billion and an 11.89% market dominance. Daily trading volume stands at around $35.17 billion, reflecting a 50.22% drop compared to the previous day. Over the past week, ETH’s price has fallen 12.04%, marking a correction phase ahead of the upgrade launch.

Fusaka follows Dencun, the 2024 upgrade that significantly improved scalability and reduced transaction costs. With this new iteration, Ethereum continues to refine its infrastructure to support an increasingly complex ecosystem, where efficient data management will be the cornerstone of the next stage of expansion

SEI price faces a fresh test after Binance formally joined the Sei Network as a validator, a move that briefly lifted market optimism but also sharpened the questions traders now face. Binance's entry adds institutional heft to Sei's validator set and puts SEI squarely in the spotlight for both supporters and sceptics.

Ethereum drops 14% in a week but holds key levels. Analysts see a bullish setup forming, with potential for a breakout toward $7,700+.

Ethereum (ETH) has faced a sharp pullback in recent days, dropping 14% over the past week. Despite this decline, analysts suggest the recent breakdown may not indicate weakness but could instead lead to the next major upward move. The asset is trading around $3,390 at press time, after gaining 2% in the past 24 hours.

Some technical analysts continue to point toward long-term chart structures and liquidation setups that support the possibility of a bullish continuation.

Pattern Suggests Breakdown Could Precede Breakout
Trader Tardigrade shared a multi-cycle view of Ethereum’s price action on the 3-day chart. The setup shows that ETH has previously entered strong uptrends following breakdowns from support levels. These breakdowns were followed by sideways ranges and later led to major breakouts.

In the latest move, ETH appears to be repeating this structure. Suggesting that the recent price weakness may serve as the starting point for the next upward trend, Tardigrade said,

$ETH/3-day

A breakdown is essential for a massive surge 🔥#Ethereum pic.twitter.com/jMexdye4bg

— Trader Tardigrade (@TATrader_Alan) November 6, 2025

Based on this pattern, ETH may be building a base before continuation.

Long-Term Structure Remains in Place
BACH, another market analyst, pointed to a long-term bullish pennant formation still intact on the weekly chart. Ethereum recently reclaimed the $3,000 breakout level, which aligns with the 0.382 Fibonacci retracement of the previous cycle. This area is being monitored as support.

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Future price targets based on Fibonacci projections include $7,700, $15,500, and $30,500, with a potential macro top between 2025 and 2026. BACH commented that, “Crypto sentiment [is] completely washed out and in Extreme Fear,” referring to current market conditions that have historically occurred near bottom ranges.

Source: BACH/X
Short-Term Levels and Leverage Signals
Analyst Lennaert Snyder noted that ETH should hold the $3,300 level to maintain higher lows. He added that reclaiming $3,530 would be important.

“If we lose $3,300 with conviction I’m shorting the continuation to probably new lows,” he said.

Liquidation data shows a buildup of short positions between $3,500 and $3,800. If the price moves higher, forced liquidations could push it up quickly. “MAX PAIN IS UP FOR $ETH,” said CryptoGoos, referring to this risk for short traders.

Despite the recent recovery, ETH has struggled to reclaim the $3,600–$3,700 zone. Analyst Ted said the bounce was mostly driven by closed short positions.

“Until Ethereum reclaims the $3,600–$3,700 zone with strong inflows, the chances are it’ll go lower,” he noted.

As CryptoPotato reported, the Taker Buy-Sell Ratio on Binance remains below 1.0, showing more sell pressure than buy volume. This aligns with the broader view that selling has increased, even as buyers are cautiously watching for a reversal.

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Bitcoin.com has partnered with PayFi-focused Layer-1 blockchain Concordium to introduce age-verified payments for over 75 million wallets worldwide. The collaboration integrates Concordium's ‘1-Click Verify & Pay' technology into Bitcoin.com's wallet app, marking a step toward more compliant and verified crypto transactions.

Strategy Inc. (NASDAQ:MSTR) faces rising costs to maintain its massive Bitcoin (CRYPTO: BTC) treasury, with annual obligations now topping $689 million, according to a new report.

Company's Bitcoin Treasury Comes With Heavy BurdenStrategy Inc., formerly MicroStrategy, holds about $66 billion in bitcoin and plans to never sell its holdings.

That goal, however, comes with large yearly cash commitments for debt coupons, preferred dividends, and operating costs.

According to Protos, Strategy reported annualized dividend and interest expenses of $689 million as of Oct. 24, a figure expected to grow.

Executive chairman Michael Saylor has pledged continued Bitcoin accumulation, but new acquisitions add more preferred dividend obligations each quarter.

The company's own forecast suggests these costs will reach several billion dollars over time.

Dependence On Equity Sales For FundingStrategy generates limited income from its core business, reporting less than $355 million in revenue during the first nine months of 2025.

Most of its $12 billion in operating income came from unrealized bitcoin appreciation rather than core operations.

To cover expenses, Strategy relies heavily on selling new equity — both MSTR common stock and preferred shares.

Preferred stock offerings under tickers STRK, STRF, STRD, STRC, and STRE fund bitcoin purchases without immediate dilution.

Yet each new preferred issue increases dividend commitments that must be paid in cash.

Saylor has said the firm prefers equity to new debt because bonds require fixed coupon and principal payments.

Shareholders Pay Premium To Hold StrategyInvestors continue to buy MSTR shares at a notable premium to the firm's net Bitcoin value.

This premium, called the mNAV multiple, reflects investor belief that Saylor can increase Bitcoin holdings per share.

Currently, investors pay about 1.07x mNAV per share — or 7% above Strategy's direct Bitcoin exposure.

Lawyers for the company have clarified that owning MSTR stock does not confer any legal claim over its Bitcoin reserves.

Even so, investors value the shares higher on faith in management's ability to keep growing holdings.

Technical Picture Turns Bearish

Strategy Inc. Price Action (Source: TradingView)

MSTR stock price has broken below its long-term ascending support line that held since early 2024.

The price now sits under all key exponential moving averages, creating a heavy resistance band between $283–$331.

Immediate support lies between $250–$235; failure to defend that range risks a deeper move toward $210–$195.

A daily close above $283 would invalidate the breakdown and restore bullish structure.

Until then, momentum remains with sellers as the chart trends lower alongside broader crypto weakness.

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Ripple’s newest funding round landed with unusual force for a company long defined by court battles and contested narratives.

On Nov. 5, the firm announced a $500 million strategic investment at a $40 billion valuation, backed by funds associated with Citadel Securities, Fortress Investment Group, and Brevan Howard. These are traditional financial institutions that rarely extend capital unless the operational footprint, revenue trajectory, and regulatory posture are clear.

Following the news, XRP’s value increased slightly to $2.30, continuing a quiet resurgence that began months after it hit a new all-time high of $3.65 in July.

However, the price action barely captured the real story. What mattered wasn’t movement on a chart, but the unmistakable message that some of the most sophisticated institutions in finance believe Ripple has built an asset-agnostic financial infrastructure that can scale beyond the crypto industry.

Ripple attracts Wall StreetThe most striking detail in Ripple’s funding round wasn’t the size. It was the composition.

Citadel Securities, one of the largest market makers in global equities; Fortress Investment Group, a pioneer in alternative credit strategies; and Brevan Howard, one of the most successful macro trading firms in the world, represent institutions that rarely make symbolic bets.

Their participation signals a distinct shift. Ripple, once viewed as a crypto company fighting for legitimacy, is being valued as an infrastructure provider and a systems-level player building components that resemble parts of the traditional securities stack.

Ripple’s recent acquisitions spree helps explain the appeal. The company has spent $1.25 billion acquiring Hidden Road, a global prime broker that clears more than $3 trillion annually across FX and digital assets.

The deal, now rebranded as Ripple Prime, instantly positioned Ripple as the first crypto-native firm to operate a multi-asset prime brokerage platform. It also gave Ripple something that no competitor in crypto can claim: unified clearing, financing, and brokerage across FX, crypto, and soon, stablecoins.

At the same time, Ripple has also strengthened its custody and treasury capabilities through the acquisitions of Palisade, a digital asset custodian, and GTreasury for $1 billion, as well as Rail for $200 million.

Together, these businesses give Ripple a holistic product ecosystem that mirrors the workflow of institutional clients: custody → treasury → settlement → trading → financing. It is a structure that resembles a blockchain-powered State Street or BNY Mellon increasingly.

For deep-pocketed macro funds seeking exposure to the next phase of digital finance, this is no longer a speculative bet on a token. Instead, it is a strategic investment in a growing industry. It is a bet on infrastructure with revenue, scale, and regulatory footholds.

XRPL finds a second lifeRipple’s pivot toward institutional infrastructure is reshaping how XRP and the XRP Ledger (XRPL) are being perceived across the financial sector.

Once overshadowed by newer smart-contract platforms, XRPL is regaining relevance because its core attributes, including deterministic finality, consistent throughput, and a decade of uninterrupted uptime, align closely with what banks and payment networks require from a settlement system.

That alignment has tightened further with the introduction of RLUSD, Ripple’s fully reserved, NYDFS-regulated stablecoin.

Since its launch in late 2024, RLUSD has grown to exceed $1 billion in circulation, with XRPL serving as its primary settlement ledger.

As a result, the combination is changing how institutional players view Ripple’s ecosystem. In this community, XRPL provides reliability, RLUSD delivers a unit of account, and XRP supplies the native liquidity and consensus stability that keep the system operational.

Indeed, this architecture marks a substantive shift in XRP’s role. Rather than acting as a standalone speculative asset, XRP now sits deeper inside Ripple’s institutional stack as a coordination mechanism that ensures throughput and predictable transaction costs.

So, as stablecoins and tokenized deposits become central to regulated settlement, XRPL’s once-overlooked technical profile has become a competitive advantage, with XRP and RLUSD amplifying it.

This shift is significantly pronounced through Ripple’s new partnership with Mastercard, WebBank, and Gemini. The firms are exploring how RLUSD on XRPL can support the settlement of fiat card transactions using stablecoins.

For Ripple, the integration has two strategic implications:

It validates XRPL as a suitable ledger for regulated, high-throughput stablecoin settlement.It embeds XRP deeper inside the system as the asset securing ledger consensus and liquidity.Monica Long, President of Ripple, said:

“This partnership is a meaningful step toward showcasing how regulated digital assets like RLUSD can enhance settlement, paving the way for other card programs to adopt stablecoins for faster, compliant payments. The XRPL will serve as the backbone for these and other institutional use cases that are transforming how financial services operate.”

XRP’s redefined identityAll of these show that Ripple’s transformation is less a pivot than an architectural overhaul. It has moved from advocating blockchain payments to constructing market infrastructure that blurs the line between traditional finance and digital assets.

With prime brokerage, custody, treasury management, and stablecoin settlement under one umbrella, Ripple’s product stack resembles the operational backbone of a traditional financial institution.

This evolution explains why Wall Street funds are entering the picture quietly but decisively. Ripple offers exposure to a regulated stablecoin, institutional settlement flows, and a ledger with a credible technical history.

XRP, in this reframed environment, is valued not for narrative momentum but for its function within a broader settlement system.

If Ripple executes its roadmap, XRP’s long-term trajectory will be tied to utility, rather than market cycles. RLUSD adoption, card-network integrations, and institutional settlement volume will determine the asset’s relevance.

The company’s $40 billion valuation, the profile of its new investors, and the infrastructure now being assembled all point toward a sector where crypto and traditional finance are increasingly overlapping.

In that landscape, XRP is no longer a relic of early blockchain experiments. It becomes an infrastructure that would be functional and central to the system Ripple is building.

Mentioned in this article

KuCoin has strengthened KuPool's leadership team by bringing on Shelton Qiu as Chief Operating Officer, aiming to tap into his extensive blockchain and mining background to speed up KuPool's growth in Litecoin and Dogecoin mining.

Stablecoin giant Tether is joining forces with asset management firm KraneShares and tokenized securities platform Bitfinex Securities to accelerate the adoption of tokenized securities across global markets.

Summary

Tether, KraneShares and Bitfinex have announced a strategic partnership to bolster asset tokenization.
Hadron by Tether will leverage its platform and that of its partners to accelerate adoption of real-world assets in capital markets.
Onchain data shows global value of tokenized assets on the blockchain is over $35 billion.

Tether’s asset tokenization platform, Hadron by Tether, announced its collaboration with KraneShares and Bitfinex Securities on Nov. 6.

A strategic partnership between the industry players comes as experts project an explosion in the tokenized assets market.

In particular, tokenized securities, a sector that currently touches $30 billion, is expected to explode to nearly $10 trillion by 2030.

Why are Tether, KraneShares and Bitfinex teaming up?
Tether, issuer of global stablecoin USDT (USDT), wants to tap into the combined benefit of infrastructure, regulatory foundation, and market expertise to drive the next phase of adoption.

KraneShares, notable for its market traction in spot exchange-traded funds, will collaborate with Hadron and Bitfinex Securities to advance this initiative.

The platforms plan to bring tokenized exchange-traded products to more investors.

“This collaboration reflects Tether and Bitfinex Securities’ commitment to supporting the evolution of capital markets,” said Paolo Ardoino, chief executive officer of Tether. “Working with KraneShares enables us to connect traditional investment products with next-generation financial infrastructure.”

Tether’s technology and infrastructure will help scale assets for widespread adoption, while Bitfinex Securities provides regulatory and operational capabilities. Bitfinex Securities, regulated in El Salvador, will leverage its licensed platform to support access to secondary trading liquidity.

Meanwhile, KraneShares plans to bring its deep ETF expertise and global distribution channels onboard.

The partners will use these features to assess institutional demand and tokenized products, all with an eye on advancing integration of real-world assets.

“More than $700 trillion in global financial assets exist today, with over $10 trillion expected to be tokenised by 2030. We are building the infrastructure that will connect those markets to a more efficient and accessible future,” said Gabor Gurbacs, chief executive officer of Hadron by Tether.

RWA value onchain
This expansion, buoyed by industry giants like BlackRock, Fidelity and Franklin Templeton, has seen more and more real world assets come onchain.

According to RWA.xyz, the global tokenized assets market is currently at over $35 billion, a significant growth from figures at the start of 2024.

The onchain RWA value is on multiple blockchains, including Ethereum, Stellar, Solana and XRP Ledger.

TL;DR

Cathie Wood trimmed her most optimistic 2030 Bitcoin projection by 300,000 dollars, pointing to the rapid expansion of stablecoins taking over part of BTC’s expected monetary role.
Despite the adjustment, she maintains a strongly bullish long-term outlook supported by accelerating institutional adoption.
Major industry players are also updating forecasts, yet structural momentum for Bitcoin remains solid across global markets.

Ark Invest CEO Cathie Wood shared updated expectations for Bitcoin, presenting the revision as a refinement rather than a shift away from her conviction. She noted that stablecoins have expanded rapidly in emerging markets, taking on everyday payments and short-term savings. Even with this change, she reaffirmed that Bitcoin is increasingly considered digital gold and a cornerstone for future financial architecture.

Stablecoins led by Tether’s USDT and Circle’s USDC now approach a combined supply of roughly 260 billion dollars, becoming essential instruments for remittances, commerce, payrolls and inflation protection. Their rise has reinforced the distinction between dollar-linked digital money for transactions and Bitcoin’s status as a self-sovereign asset with global settlement capabilities.

Stablecoin Growth Shaping Market Expectations
Wood stressed that institutional involvement in Bitcoin is still at an early stage, leaving significant room for inflows from pension funds, sovereign wealth funds and corporate treasuries. ARK Invest continues to model considerable upside for Bitcoin by 2030, even after adjusting its most bullish scenario. Her stance still supports long-term valuations in the multi-million-dollar range across bull, base and bear projections.

The stablecoin sector is also drawing attention from traditional finance. Ripple’s RLUSD recently surpassed one billion in circulation, while custody and compliance-driven firms are pushing for improved transparency and interoperability. Many analysts see this alignment between legacy finance and digital assets as constructive for the sector rather than a setback for Bitcoin.

Institutional Forecasts Updating Outlooks
Other influential voices are recalibrating projections. Galaxy Digital lowered its short-term BTC target to 120,000 dollars, citing profit-taking by large holders and temporary shifts of capital toward artificial intelligence and gold. JPMorgan analysts expressed a more optimistic view, suggesting Bitcoin could climb toward 170,000 dollars within the next year as leverage resets and long-term investors accumulate.

Bitcoin is currently trading near 102,300 dollars, below the early-October peak above 126,000. Many market participants focused on fundamentals see the pullback as consolidation within a broader upward trend. Despite short-term adjustments, Bitcoin’s long-term investment case remains reinforced by scarcity, expanding institutional access and rising recognition of its value as a neutral global asset.

Over $100 billion in old Bitcoin has moved as spot ETFs see record outflows, igniting debate over whether true OGs or traders are driving the market sell-off.

Ripple News

HLSCOPE Secures RLUSD Liquidity Through Alliance With Ripple and Institutional Partners

TL;DR: HLSCOPE partners with Ripple and institutional firms to anchor RLUSD liquidity as collateral. RLUSD is being integrated into tokenized‑asset platforms and institutional treasury workflows.

Ripple News

Ripple CEO Brad Garlinghouse Lauded for $40B Valuation and Stablecoin Breakthrough

TL;DR Brad Garlinghouse is called the best crypto CEO. Ripple’s valuation now reaches forty billion dollars. The company acquired Hidden Road and Rail firms. Ripple

flash news

XRP Network Explodes: 21,595 New Wallets in 48 Hours Ignite Rally

XRP Ledger analytics confirmed a sharp rise in new wallet activations over the past 48 hours, totalling 21,595 fresh addresses, according to data shared by

flash news

Ripple and Gemini Partner With Mastercard on Stablecoin Settlement Trial

Mastercard, Ripple, and the cryptocurrency exchange Gemini are teaming up in a strategic move to execute an innovative stablecoin settlement trial. The collaboration will use

Ripple News

Ripple and Mastercard Test Card Settlement with RLUSD Stablecoin

TL;DR Ripple, Mastercard, WebBank, and Gemini will test credit card transaction settlement using RLUSD on the public XRPL blockchain. The pilot will allow WebBank to

Companies

Gemini Expands Its Offering: Launches XRP Perpetual Contracts on Its European Platform

TL;DR Gemini will launch XRP perpetual contracts on its European platform, operated by its Malta-based subsidiary authorized by the MFSA. The contracts will allow traders

Grayscale has decided to temporarily remove management fees for its Solana Trust ETF to boost adoption.

Summary

Grayscale has temporarily removed management fees for its Solana Trust ETF
The promotion will last for three months, or until the fund reaches $1 billion AUM
The fund will stake up to 100% of its SOL at a 7% rewards rate

The asset management company is betting big on Solana, in hopes of attracting new investors. On Wednesday, November 5, the investment firm has decided to drop all management fees for its Solana Trust ETF (GSOL). The firm will also stake all of its SOL holdings at an average 7% gross staking reward.

“We have been staking in GSOL since October 6th, even before it became an ETP. GSOL aims to deliver real long-term benefits for investors, highlighted by our diversified validator approach, a key aspect of the staking program deployed in GSOL,” said Inkoo Kang, Senior Vice President, ETFs, at Grayscale.

Grayscale will drop its management fees on its Solana (SOL) fund for up to three months, or until the fund reaches $1 billion in assets under management, whichever comes first. Moreover, investors don’t receive staking rewards directly. Instead, the returns will be reflected in the appreciation of the trust’s share value.

Grayscale Solana Trust ETF net asset value per share | Source: Grayscale
Grayscale’s Solana Trust ETF
According to Grayscale, the move will direct more of the economic rewards to investors, in hopes of attracting more capital. The asset manager is also under increased competition from other ETFs, including VanEck, 21Shares, and Ark.

Grayscale Solana Trust ETF is designed to track the performance of SOL, giving investors exposure to the token through the stock market. The fund currently manages $93.983 million in assets and holds 578,144 SOL. GSOL operates as an exchange-traded product, and not a U.S.-registered ETF.

PayPal co-founder Peter Thiel has issued a grim forecast for Bitcoin, predicting a volatile and bumpy ride for the leading cryptocurrency. Thiel noted that Bitcoin’s upside is limited, given the heavy institutional and government interest, underscored by the introduction of ETFs and strategic reserves.

Peter Thiel Predicts Bumpy Ride For Bitcoin Amid Ideological Shift
Amid the flurry of predictions for Bitcoin’s end-of-year price, PayPal co-founder Peter Thiel has dampened investors’ enthusiasm with a grim forecast. Thiel warned that Bitcoin does not have much upside left in terms of pricing after its last bull run, citing institutional interest in the leading cryptocurrency.

Thiel shared his thoughts at a session at the Aspen Ideas Festival, urging investors to brace for a rocky patch with the leading cryptocurrency. The PayPal co-founder added that while a BTC rally is on the horizon, investors may not see the parabolic returns from the last bull run.

“I’m not sure it’s going to go up dramatically from here,” said Thiel. “We got the ETF edition, and I don’t know who buys it quickly from here.”

Despite not forecasting sizable returns, Thiel forecasted a volatile run for BTC, marked by steep corrections and price surges. During his sit-down at the Aspen Ideas Festival, the billionaire hinged his argument on the influx of institutional players via ETFs, name-checking Larry Fink’s BlackRock. 

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Thiel highlighted an ideological shift in Bitcoin from its cypherpunk ideals, marked by privacy, decentralization, and stiff resistance to government control. However, a flurry of Bitcoin treasury companies, institutional asset managers, and governments launching strategic reserves with the asset have forced Thiel to lower his price target.

The PayPal co-founder revealed that he still holds a small portion of BTC in his portfolio, reiterating his regrets for underinvesting in the asset.

A Case For Bulls
While Peter Schiff has issued a bleak forecast for BTC, several experts are bucking the trend with bullish projections. Strategy founder Michael Saylor is eyeing an end-of-year BTC price of $150,000 while making a strong case for a $1 million valuation before the end of the decade.

Cardano founder Charles Hoskinson has also predicted a BTC price of $1 million, but did not disclose a timeline for the asset to reach seven figures. Meanwhile, Bitmex co-founder Arthur Hayes noted that Bitcoin’s four-year cycle is dead, noting that the sharp declines and parabolic rallies will be few and far between.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

ARK Invest CEO Cathie Wood, one of the loudest Bitcoin (BTC) cheerleaders, just trimmed her 2030 price target by 12%. This adjustment is based on the rapid expansion of the stablecoin market, according to Wood.

Ark Invest CEO gives $1.5 million Bitcoin target $300K cutAccording to reports from CNBC, Wood reduced her 2030 Bitcoin target from $1.5 million to $1.2 million.

Wood thinks stablecoins are stealing the jobs she thought Bitcoin would do. Thus, she made the $300,000 downward adjustment to her 2030 BTC target.

The Ark Invest CEO explained that she anticipated that Bitcoin would serve as a store of value and a global settlement system. However, it turns out the market now perceives stablecoins as a store of value and digital money.

Wood emphasized that stablecoins are scaling faster than expected, particularly in emerging markets. Still, she maintained a strong bullish outlook for Bitcoin, driven by factors like institutional adoption.

Notably, Wood shared the $1.5 million BTC prediction in November 2024. At the time, she cited regulatory clarity and institutional adoption as factors to propel the Bitcoin surge. 

She explained that these factors would strengthen Bitcoin’s position as a valuable asset class and an essential tool for portfolio diversification.

Wood began investing in BTC  in 2015 and remains a strong BTC supporter. She even disclosed in a recent U.Today report that she prefers buying BTC to Ethereum (ETH).

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Stablecoin expansion reshaping perspectivesCrucially, the stablecoin market has witnessed increased adoption over the past few years. Stablecoins are essential digital cash, and people already use them to buy groceries, pay salaries and even dodge inflation.

Ripple has highlighted infrastructure as the key element that makes a stablecoin truly useful. This is in addition to interoperability, transparency and scalability.

Jack McDonald, CEO of Standard Custody and SVP of Stablecoins at Ripple, emphasized that the design of a stablecoin is critical. McDonald noted that a stablecoin should also provide complete transparency around reserves and redemption.

Meanwhile, Ripple's RLUSD stablecoin has crossed the one-billion supply milestone almost a year after launching.

This milestone is a bullish development for the Ripple ecosystem as it suggests growth in the stablecoin. It is primarily fueled by increased adoption among retail and institutional investors.

TL;DR

PancakeSwap and ListaDAO are monitoring two vaults managed by MEV Capital and Re7 Labs after detecting risk signals linked to the use of synthetic stablecoins as collateral.
Vaults using USDX and sUSDX show unusually high borrowing rates and no repayments, increasing the likelihood of bad loans and losses for depositors.
USDX is trading at $0.68, while its staked version, sUSDX, has dropped from $1.13 to $1.06, reflecting growing distrust in its backing.

PancakeSwap and ListaDAO are closely monitoring two lending vaults managed by MEV Capital and Re7 Labs after detecting suspicious activity tied to the use of synthetic stablecoins as collateral.

Both PancakeSwap and ListaDAO warned that the vaults have unusually high lending rates and no repayment records, raising the probability of unpaid loans.

Is PancakeSwap’s Ecosystem at Risk?
The monitored vaults accept USDX and sUSDX as collateral — two assets whose recent performance has triggered alerts across the DeFi community. USDX, a freely tradable stablecoin, is currently priced at $0.68, well below its dollar peg. Its staked version, sUSDX, was trading at a slight premium of $1.13 but recently dropped to $1.06, signaling a loss of confidence in its backing. Since sUSDX cannot be freely redeemed, it is used as collateral to access more liquid stablecoins within these vaults.

ListaDAO and PancakeSwap voiced concerns about the rising borrowing rates and lack of repayments, urging MEV Capital and Re7 Labs to disclose the status of their positions transparently. The DAO warned that if the imbalance between loans and collateral is not addressed, depositors could suffer direct losses. Recent analyses suggest that over $750 million is currently locked in high-risk vaults across various DeFi platforms, where users are unable to withdraw their funds despite promised returns.

A Threat to Trust in DeFi Lending
This situation comes just days after the devaluation of XUSD, another synthetic stablecoin that lost its peg and triggered $93 million in losses. Re7 Labs had already been exposed to that asset and to the insolvency of Stream Finance, further heightening concerns about its current risk profile.

The issue is compounded by the fact that some supposedly low-risk protocols are allocating funds to higher-risk vaults to boost yields, exposing unsuspecting conservative users to potential losses. This practice threatens confidence in the decentralized lending ecosystem, where the pursuit of passive income through stablecoins remains one of the market’s main drivers.

According to the latest data, the DeFi ecosystem holds over $69 billion in total value locked, with $32 billion in Aave alone. However, the growing spread of unstable assets such as USDX and sUSDX underscores that the structural risks of decentralized credit remain far from resolved

Published
16 minutes ago on
November 06, 2025

KuPool, the mining arm of global crypto exchange KuCoin, has appointed Shelton Qiu as Chief Operating Officer. Qiu, a seasoned figure in the blockchain and mining industry, brings nearly ten years of experience and previously held key roles as Marketing Director and Business Development Lead at SparkPool, formerly the world’s largest Ethereum mining pool.

The addition of Qiu marks a significant step in KuPool’s ongoing efforts to expand its hashrate capabilities and strengthen its position within the Litecoin (LTC) and Dogecoin (DOGE) mining ecosystems. His responsibilities will include scaling KuPool’s LTC mining operations, improving system stability, and driving sustainable profitability for professional and institutional miners.

During his time at SparkPool, Qiu played a central role in the pool’s rise to global prominence, helping it achieve and maintain its leadership in Ethereum Proof-of-Work (PoW) mining. He was instrumental in fostering community engagement, advancing technical development, and promoting knowledge-sharing within the industry. At KuPool, Qiu is expected to apply this experience to expand the platform’s technical partnerships and ecosystem integrations, while supporting innovation across multiple mining assets including LTC, DOGE, PEPE, Lucky, and BELLS.

“Qiu’s proven expertise in engineering and ecosystem development will accelerate KuPool’s growth and strengthen our leadership in DOGE and LTC mining,” said Chris Zhu, Head of KuPool.

“I am thrilled to join KuPool at this pivotal moment, bringing my experience to contribute to a platform that prioritizes trust and innovation in mining,” said Shelton Qiu, COO of KuPool. “With KuPool's strong foundation in stable hashrate and high yields for LTC and DOGE, I look forward to advancing technology-driven innovation and user-oriented services to drive further growth, ensuring verifiable returns and enhanced competitiveness for miners worldwide.”

KuPool continues to grow its overall mining presence, with its combined LTC and DOGE pool consistently ranking among the top four globally. The appointment of Qiu is set to further advance KuPool’s goal of building a transparent, high-performance mining infrastructure rooted in the core values of decentralization and Proof of Work.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin (BTC) is back above $100,000 on Thursday, November 6, although the flagship digital asset is still trading way below its record highs seen approximately one month ago.

Still down around 5% this week and trading at $101,970 at the time of writing, the “digital gold” briefly slipped below $100,000 on November 5 for the first time since June, following the broader crypto market, which recorded nearly $1 trillion in monthly losses on the same day.

BTC weekly price. Source: Finbold
The fall beneath such an important psychological threshold further emphasized the stark reversal from the early “Uptober” euphoria, when Bitcoin soared to a record $126,251 amid heavy leveraged buying. 

As a result, traders are left wondering whether the flagship currency might crash again in the next few days, their anxiety fueled by a number of bearish developments, such as Galaxy Digital’s reduction of its year-end Bitcoin target to $120,000 from $185,000.

Bitcoin warning signs
The $102,000 level has served as a key support line since early 2023, and the failure to reclaim it could lead to a much larger correction.

Bitcoin has also failed to reclaim its 20-, 50-, and 100-day exponential moving averages (EMAs), ranging between $108,000 and $112,000, while the 200-day EMA at $108,705 remains a firm ceiling. 

Momentum indicators are also bearish. The relative strength index (RSI) stands at 37.85, showing oversold conditions and no bullish divergence, while the moving average convergence divergence (MACD) histogram at -660 confirms downward pressure.

Accordingly, a sustained close below $98,000 could trigger further liquidations toward $92,000, lows not seen since the spring.

Featured image via Shutterstock

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Dogecoin price is holding above the $0.16 support level, showing signs of stabilization after recent volatility. DOGE opens a symmetrical triangle at the moment which analysts are closely monitoring as typically the pattern is followed by significant breakouts. The meme-based token has struggled to recover after slipping below the $0.20 level earlier this week

In the meantime, the entire crypto market was up 1.44% over the last 24 hours, regaining some of its week-long losses of 7.98% with renewed institutional activity and hopes of stablecoin regulation.

Dogecoin  Price Nears Breakout from Symmetrical Triangle Pattern
Dogecoin price is demonstrating a typical technical structure on the daily chart, which indicates possible change of momentum. Analysts have also found a huge symmetrical triangle pattern which is approaching the apex a point where the compression of prices will likely increase volatility.

Currently, the price of Dogecoin is located on the lower end of this structure. The zone is normally considered to be a highly promising zone of strengthening rebounds, which may lead to an improvement in the upward direction provided that there is increased buying pressure.

According to market observers, symmetrical triangles are a precursor of big breakouts. Any decisive action above the highest trend might initiate a quickened rise that may see Dogecoin towards the $0.35 or even greater. This breakout can also suggest the onset of a new impulse wave of the overall trend.

$DOGE is sitting right on the lower trendline of the symmetrical triangle.

This area has acted as a strong floor for months, and buying pressure is starting to build.

A clean bounce here could send $DOGE soon. pic.twitter.com/OoghaTx43A

— Crypto King (@CryptoKing4Ever) November 6, 2025

DOGE Price Shows Possible Rebound as Buy Signal Appears
Dogecoin price can be exhibiting the initial signs of recovery following a recent technical indicator that has indicated a possible buy signal. Crypto analyst Ali noted that the TD sequential indicator is a bullish signal of DOGE, indicating that a possible local bottom had been reached. This trend indications chart presented on the TradingView indicates a pattern reversal formation which might indicate a short-term upward trend in the mainstream meme coin.

TD flashes buy on Dogecoin $DOGE. Local bottom might be in! pic.twitter.com/g84k4FtO5d

— Ali (@ali_charts) November 5, 2025

Nevertheless, the market is not very optimistic. In another update, Ali disclosed that over one billion Dogecoins were sold by big holders in the last one week. Major selling by large investors has put extra strain on the price of the token, despite a speculation on a recovery by smaller traders.

Over 1 billion Dogecoin $DOGE sold by whales in the past week! pic.twitter.com/pjUwFAqtEM

— Ali (@ali_charts) November 4, 2025

Will DOGE Price Recover Above $0.25? 
The latest DOGE price traded at $0.162, showing mild bearish pressure in the short term.

The price of Dogecoin has been consolidating following a recent fall that reached the zone of resistance of $0.18. The 4-hour chart reflects that sellers have a slight control. In spite of the recovery efforts, purchase momentum is still low, and prices have not been able to recover to higher levels.

In case Dogecoin drops below the level of $0.15, the potential support point is close to the level of $0.14. Alternatively, the reclaimation of the $0.20 might lead to the way to the $0.35 level  as the long-term Dogecoin price shows the bullish trend in the near term.

Souurce: DOGE/USD 4-hour chart: Tradingview
The Moving Average Convergence Divergence (MACD) has a slight bullish crossover. Nonetheless, the histogram bars remain low indicating low power in upside movement.The average directional index (ADX) is approximately 51 which is an indication that there is a strong trend.