Market Signal Briefing

The race for crypto dominance has entered politics, with U.S. president Donald Trump and Reform U.K.’s leader Nigel Farage both pitching bold visions to make their nations the global hub for digital assets.

Farage Pledges to Make Britain a Crypto PowerhouseSpeaking at the Digital Asset Summit in London on Monday, Farage told attendees, "I am your champion," outlining plans to create a “state-owned Bitcoin reserve” and introduce a new crypto bill to cut capital gains tax and allow taxes to be paid in digital assets.

The proposal would redirect roughly £5 billion ($6.7 billion) worth of seized Bitcoin (CRYPTO: BTC) from criminal cases into a national reserve fund. 

Farage also vowed to impose a flat 10% capital gains tax on cryptocurrency profits, replacing current income-based rates.

"It's the Trump playbook," said one conference attendee.

The remark referred to Farage's strategy of appealing to digital asset investors ahead of the 2029 election.

Reform is currently the only major British party that accepts crypto donations.

Farage Slams Digital Pound as "Authoritarian Nightmare"Farage rejected the Bank of England's plan for a central bank digital currency.

Instead, he called it an “authoritarian nightmare.”

He promised to block the initiative if his party gains power, warning it would give the state "vast control over individuals."

He also criticized the central bank's proposed limits on stablecoin holdings.

"Frankly ridiculous," he said, adding he spoke directly with Governor Andrew Bailey about the policy.

The remarks drew applause from crypto advocates pushing for a more open regulatory approach in Britain.

Trump Positions U.S. as the Global Crypto CapitalBefore becoming the 47th president of the United States, Donald Trump campaigned on a pro-crypto platform, calling himself the “Bitcoin president.”

His administration signed the GENIUS Act, the country's first federal framework for regulating stablecoins.

He has also authorized 401(k) retirement plans to include cryptocurrency investments and ordered an end to what he called "discriminatory banking practices" against crypto firms. 

The White House has backed the creation of a strategic Bitcoin reserve, while major financial institutions such as Goldman Sachs Group Inc. and Citigroup Inc. are now exploring blockchain-based dollar products under the new law.

Together, these moves have redefined the U.S. approach to digital finance, drawing a sharp contrast with Europe's more cautious stance under the EU's MiCA framework.

Read Next:

Tesla Rival Nio Falls 7% In Pre-Market Trading Amid Singapore Wealth Fund Lawsuit Over Alleged Revenue Inflation
Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

George Kikvadze, executive vice chairman of Bitfury and an early adopter of bitcoin, explains the evolution of the cryptocurrency over the past decade. He also weighs in on competition among bitcoin miners.

In brief
Burger restaurant Steak 'n Shake has launched a Bitcoin Steakburger with the BTC logo stamped on the bun.
The burger rollout celebrates five months of the restaurant accepting BTC payments.
Same-store sales have increased in each of the last two quarters, some of which the brand attributes to the Bitcoin community.
Burger restaurant chain Steak ‘n Shake is deepening its ties to the Bitcoin community, launching the “Bitcoin Steakburger” on Thursday to celebrate five months of accepting BTC payments. 

The Bitcoin Steakburger—which consists of two steakburger patties, two slices of American cheese, pickles, onions, ketchup, and a bun stamped with the Bitcoin logo—can be purchased individually or as a “Bitcoin Meal” combo with french fries and a drink.

“Five months ago today, Steak 'n Shake began accepting Bitcoin payments,” the restaurant posted on X. “In celebration we are launching the Bitcoin Steakburger! Hurry to any Steak ‘n Shake and enjoy them while they last. Supplies are limited....just like Bitcoin.”

The restaurant franchise has been leaning into the Bitcoin community since earlier this year, first teasing patrons about the possibility of accepting Bitcoin payments as early as March.

In May, it began rolling out Bitcoin payments to all of its locations, giving more than 100 million customers the option to swap BTC for burgers and milkshakes.

The decision has apparently paid off, with same-store sales increasing by double digits in both Q2 and Q3 this year—boosts the brand has attributed in part to the fervor showcased by the Bitcoin community. 

Recently, the brand asked its 468,000 followers on X whether or not it should also accept Ethereum payments for its food and drinks, potentially engaging and luring in another crypto community to its restaurants. 

However, despite poll results which favored allowing ETH payments, the firm backtracked on its word and scrapped the plans after pushback from Bitcoin maximalists, saying that its allegiance was with “Bitcoiners.”

A representative for Steak 'n Shake did not immediately respond to Decrypt’s request for comment.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

A feud between Fetch.ai CEO Humayun Sheikh and the Ocean Protocol Foundation has escalated into legal threats, onchain accusations, and a reaction from Binance, all centering on about 286 million Fetch.ai (FET) tokens worth roughly $84 million.

The conflict stems from the Artificial Superintelligence (ASI) Alliance, a 2024 merger that combined AI-focused crypto projects Fetch.ai, Ocean Protocol and SingularityNET under a shared token framework. 

On Wednesday, Sheikh alleged that Ocean Protocol minted and transferred millions of OCEAN tokens before the merger. He said the project later converted them into FET and moved large sums to centralized exchanges and market-making firms without proper disclosure.

“If Ocean as a stand-alone project did this, it would be classed as a rug pull,” Sheikh wrote on X, detailing how 719 million OCEAN were minted in 2023, with 661 million swapped for 286 million FET in July 2025. He alleged that portions of these tokens were subsequently moved or liquidated. 

Source: Humayun SheikhBinance restricted support for OCEAN tokensAmid the escalating dispute, crypto exchange Binance announced that it will cease support for Ocean deposits starting next Monday, Oct. 20. 

While the exchange said users can still deposit using other supported networks, it said ERC-20 deposits made after Oct. 20 “will not be credited and may lead to asset loss.”

Though the exchange did not mention the dispute as the cause for the move, limiting ERC-20 deposits suggests that the exchange is conducting internal risk controls or investigations, as many of the disputed tokens are on Ethereum. 

Sheikh interpreted Binance’s decision to cease support for the tokens as the exchange “listening” to his public calls on X to investigate Ocean Protocol’s token transfers.

Sheikh pledges class-action lawsuits, Ocean Protocol respondsSheikh pledged to fund class-action lawsuits across three or more jurisdictions and called on Binance, GSR and ExaGroup to investigate. He also called on FET tokenholders to prepare evidence against Ocean Protocol, as he said he would set up a channel for them to submit their claims. 

Ocean Protocol responded on X, denying the allegations outright and describing them as “unfounded claims and harmful rumors.”

In an official statement on X, the company said its treasury was intact and that it had suggested waiving confidentiality over an adjudicator’s findings related to the dispute. Ocean claimed Sheikh refused this proposal. 

Source: Ocean Protocol“Ocean is working and active,” the post said. “We are preparing responses to the various unfounded claims and allegations while respecting the ambits of the law.”

The mention of an adjudicator suggests that the conflict has already reached a formal legal arbitration, likely under the merger framework that governed the ASI Alliance’s token conversions.

Cointelegraph reached out to Fetch.ai and Ocean Protocol, but had not received a response by publication. 

Magazine: Worldcoin’s less ‘dystopian,’ more cypherpunk rival: Billions Network

Stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal's PYUSD stablecoin, far exceeding the total U.S. dollar supply. Paxos emphasized that it was not a security breach but the incident raised concerns about how an enormous amount of stablecoin could be created without requisite collateral.

Bitcoin price struggles to gain ground as gold solidifies its status as a better safe-haven asset amid the ongoing trade-related risks.

Summary

Bitcoin price has formed a double-top pattern on the daily chart.
Gold has become a better safe-haven asset as it hits an all-time high.
It has benefited from institutional and central bank purchases.

Bitcoin (BTC) continued to trade near $110,000, down by 12% from its highest point this year, meaning that it has moved into a technical correction. It is a few points above its lowest point last week.

In contrast, the gold price has jumped to a record high of $4,200 and is up 60% this year. Bitcoin’s price has risen by less than 20% this year, and the spread between the two is widening.

At the same time, the gap between the assets under management of the iShares Bitcoin Trust and the SPDR Gold Trust has continued to widen. IBIT now has $91 billion in AUM, while the GLD ETF has accumulated more than $138 billion.

The divergence between gold and Bitcoin’s role as safe-haven assets became clearer on Friday during the crypto market crash. Bitcoin’s price plunged to $106,000 after Donald Trump floated 130% tariffs on Chinese goods, as gold’s rally accelerated.

Gold is benefiting from ongoing demand from institutions, retail investors, and central banks. Indeed, central banks’ gold holdings have surpassed the U.S. dollar for the first time since 1996.

Still, Bitcoin’s role as a safe haven should not be ignored. For one, spot Bitcoin ETFs, which were launched in January last year, have accumulated $27 billion in inflows in 2025, bringing the cumulative flows to more than $62.5 billion.

Also, while gold has had a role as a store of value for centuries, Bitcoin has been around for less than 17 years. Most notably, Deutsche Bank has predicted that central banks will start buying Bitcoin by 2030, which will boost its value.

Additionally, Bitcoin’s price has beaten gold in the long term. It has jumped by 861% in the last five years, while gold is up by about 105% in the same period.

Bitcoin price technical analysis points to more downside
BTC price chart | Source: crypto.news
The daily time frame chart shows that the Bitcoin price has crashed in the past few days. It has plunged below the 50-day moving average. It has also formed a double-top pattern with a neckline at $106,978, its lowest point on Sept. 1.

The distance between the double-top point and the neckline is about 13.8%. Measuring the same distance from the neckline gives a target of $92,115.

BELVIDERE, NJ, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announces that it has entered into a warrant exercise agreement with an accredited investor to exercise certain outstanding warrants held by the accredited investor to purchase an aggregate of 2,021,571 shares of common stock of the Company (the “Existing Warrants”). In consideration for the immediate exercise of the Existing Warrants for cash, the exercising holder received new unregistered warrants to purchase an aggregate of 4,043,142 shares of common stock (the “New Warrants”). In connection with the exercise, the Company also agreed to reduce the exercise price of such Existing Warrants to $2.06 per share, which is equal to the most recent closing price of the Company’s common stock on the Nasdaq Capital Market prior to the execution of the warrant exercise agreement.

The proceeds to the Company from the exercise of the Existing Warrants are expected to be $4.2 million, prior to deducting fees to the financial advisor and estimated expenses.

Maxim Group LLC acted as warrant inducement agent and financial advisor in connection with the transaction.

The New Warrants each have an exercise price of $2.06 per underlying share and will expire five years from the issuance date.

The New Warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act and, along with the shares of common stock issuable upon their exercise, have not been registered under the Securities Act, and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the New Warrants.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT EDIBLE GARDEN®

Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering locally grown, organic, better-for-you, sustainable produce and products through its Zero-Waste Inspired® next-generation farming model. Available in over 5,000 retail locations across the United States, Caribbean, and South America, Edible Garden is at the forefront of the CEA and sustainability technology movement, distinguished by its advanced safety-in-farming protocols, sustainable packaging, patented GreenThumb software, and innovative Self-Watering in-store displays. The Company operates state-of-the-art, vertically integrated greenhouses and processing facilities, including Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden Prairie Hills in Webster City, Iowa; and its headquarters at Edible Garden Belvidere in New Jersey. It also partners with a network of contract growers strategically located near major U.S. markets to ensure freshness and reduce environmental impact.

Edible Garden’s proprietary GreenThumb 2.0 software—protected by U.S. Patents US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2—optimizes vertical and traditional greenhouse growing conditions while aiming to reduce food miles. Its patented Self-Watering display (U.S. Patent No. D1,010,365) is designed to extend plant shelf life and elevate in-store presentation. In addition to its core CEA operations, Edible Garden owns three patents in advanced aquaculture technologies: a closed-loop shrimp farming system (US 6,615,767 B1), a modular recirculating aquaculture setup with automated water treatment and feeding (US 10,163,199 B2), and a sensor-driven ammonia control method utilizing electrolytic chlorine generation (US 11,297,809 B1).

The Company has been recognized as a FoodTech 500 firm by Forward Fooding, a leading AgriFoodTech organization, and is a Giga Guru member of Walmart’s Project Gigaton sustainability initiative. Edible Garden also develops and markets a growing line of nutrition and specialty food products, including Vitamin Way® and Vitamin Whey®—plant and whey protein powders—and Kick. Sports Nutrition, a premium performance line for health-conscious athletes seeking cleaner, better-for-you options. The Company’s offerings further include fresh, sustainable condiments such as Pulp fermented gourmet and chili-based sauces, as well as Pickle Party, a collection of fermented fresh pickles and krauts.

Watch the Company’s latest corporate video here.

Forward-Looking Statements

This press release contains forward-looking statements, including with respect to the Company’s growth strategies, ability to expand its distribution network and distribution relationships, and performance as a public company. The words “believe,” “expect,” “intend,” “look forward,” “objective,” “plan,” “seek,” “strategy,” “will,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including market and other conditions and the Company’s ability to achieve its growth objectives. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.

Investor Contacts:
Crescendo Communications, LLC
212-671-1020
[email protected]

Commercial Metals (CMC - Free Report) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $0.9 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.79%. A quarter ago, it was expected that this manufacturer and recycler of steel and metal products would post earnings of $0.85 per share when it actually produced earnings of $0.74, delivering a surprise of -12.94%.

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

Commercial Metals, which belongs to the Zacks Steel - Producers industry, posted revenues of $2.11 billion for the quarter ended August 2025, surpassing the Zacks Consensus Estimate by 2.18%. This compares to year-ago revenues of $2 billion. The company has topped consensus revenue estimates three times over the last four quarters.

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

Commercial Metals shares have added about 20.3% since the beginning of the year versus the S&P 500's gain of 13.4%.

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

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

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

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

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.11 on $2 billion in revenues for the coming quarter and $4.98 on $8.25 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Steel - Producers is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Nucor (NUE - Free Report) , has yet to report results for the quarter ended September 2025. The results are expected to be released on October 27.

This steel company is expected to post quarterly earnings of $2.16 per share in its upcoming report, which represents a year-over-year change of +45%. The consensus EPS estimate for the quarter has been revised 5.8% lower over the last 30 days to the current level.

Nucor's revenues are expected to be $8.16 billion, up 9.7% from the year-ago quarter.

Key Takeaways Newmont's Q2 free cash flow jumped nearly threefold to $1.7 billion on lower capital spending.Higher sustaining capital spending may pressure NEM's second-half free cash flow.NEM's shares are up 151.4% YTD with 2025 estimates rising amid strong gold price support.
Newmont Corporation (NEM - Free Report) saw lower capital expenditure in the second quarter of 2025, helping it to deliver record free cash flows. Its total capital expenditures fell both year over year and sequentially to $674 million in the second quarter.

Newmont’s free cash flow surged nearly threefold year over year and 42% from the prior quarter to $1.7 billion, led by an increase in net cash from operating activities and lower capital investment.  Despite the strong second-quarter showing, concerns linger over the sustainability of Newmont’s cash flow heading into the third quarter.

Newmont has flagged several headwinds likely to unfavorably impact third-quarter free cash flow. These include higher capital spending, increased cash tax payments and a continued increase in spending related to the construction of the Yanacocha water treatment facilities.

NEM sees a ramp-up in sustaining capital spending in the back half of 2025, driven by the timing of spending at Tanami, Cadia, Lihir and Red Chris. It expects sustaining capital for the core portfolio to be weighted toward the second half. Sustaining capital spend is projected to increase significantly in the third quarter from the prior quarter due to an uptick in planned investments. Capital spending for the core portfolio is also expected to pick up in the second half. Higher capital expenditures are expected to unfavorably impact free cash flow in the third quarter and the second half.

Among its major peers, Barrick Mining Corporation’s (B - Free Report) total attributable capital expenditures increased 14% sequentially and 3% year over year in the second quarter. For 2025, Barrick expects the same in the band of $3,100-$3,600 million, higher than the 2024 level of $2,607 million. Barrick’s attributable capital expenditures are expected to rise in 2025 due to the advancement of the Lumwana Super Pit Expansion project and expectations that the Reko Diq project will proceed toward execution.

Agnico Eagle Mines Limited’s (AEM - Free Report) capital spending is also expected to remain at high levels in 2025. Agnico Eagle predicts capital expenditures excluding capitalized exploration to be between $1.75 billion and $1.95 billion for the year compared with roughly $1.66 billion in 2024. This increase in capital expenditures is partly driven by higher capital expenditures to advance Agnico Eagle’s pipeline projects.

The Zacks Rundown for NEMShares of Newmont have shot up 151.4% year to date against the Zacks Mining – Gold industry’s rise of 123.5%, largely driven by the gold price rally.

Image Source: Zacks Investment Research

From a valuation standpoint, NEM is currently trading at a forward 12-month earnings multiple of 16.57, a roughly 3.6% premium to the industry average of 16.17X. It carries a Value Score of B.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NEM’s 2025 and 2026 earnings implies a year-over-year rise of 60.1% and 8.2%, respectively. The EPS estimates for 2025 and 2026 have been trending higher over the past 60 days.

Image Source: Zacks Investment Research

About Oliver Haill
Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup News Service, Gracenote... Read more

About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.

We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.

Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.

Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.

Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.

MIRAMAR, Fla., Oct. 16, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company”) (NASDAQ: HCWB), a U.S.-based clinical-stage biopharmaceutical company focused on discovering and developing innovative immunotherapies to extend healthspan by targeting the link between chronic inflammation and disease, is pleased to announce its participation in the upcoming 2025 Maxim Growth Summit, taking place from October 22nd to 23rd at The Hard Rock Hotel NYC. This prestigious event brings together industry leaders, innovators, and premier institutions to explore the latest trends and advancements across several industries.

Dr. Hing C. Wong, the Company’s Founder and Chief Executive Officer, will be meeting with institutional investors in a one-on-one format, and senior Maxim analysts during the event.

Keynote speakers include Larry Kudlow (Broadcaster, Fox News) and Christopher Ruddy (CEO, Newsmax Media). The conference will also feature roundtable discussions with CEOs from small and mid-cap companies, moderated by Maxim Research Analysts. Roundtable discussions will cover a range of sectors, including biotechnology, stem cell therapy, ophthalmology, artificial intelligence, energy and mining, drones, and more.

For more information and a complete agenda of the Maxim Growth Summit, please visit www.maximgrp.com/2025-growth-summit.

About HCW Biologics:

HCW Biologics Inc. (NASDAQ: HCWB) is a clinical-stage biopharmaceutical company developing proprietary immunotherapies to treat diseases promoted by chronic inflammation, especially age-related and senescence-associated diseases. The Company’s immunotherapeutics represent a new class of drugs that it believes have the potential to fundamentally change the treatment of cancer and many other diseases and conditions that are promoted by chronic inflammation — and in doing so, improve patients’ quality of life and potentially extend longevity. Chronic inflammation, including inflammaging, is believed to be a significant contributing factor to senescence-associated diseases and conditions that diminish healthspan, including many types of cancer, autoimmune diseases, and neurodegenerative diseases, as well as many indications that impact quality-of-life that are not life-threatening. The Company’s lead product candidate, HCW9302, was developed using the Company’s legacy TOBI™ (Tissue factOr-Based fusIon) platform. The Company has created another drug discovery technology, the TRBC platform, which is not based on Tissue Factor. The TRBC platform has the capability to construct immunotherapeutics that not only activate and target immune responses but are also equipped with receptors that specifically target cancerous or infected cells. This platform is a versatile scaffold that enables the creation of multiple classes of immunotherapeutic compounds: Class I: Multi-Functional Immune Cell Stimulators; Class II: Second-Generation Immune Checkpoint Inhibitors; Class III: Multi-Specific Targeting Fusions and Enhanced Immune Cell Engagers. These novel immunotherapeutics are being developed for treatment of a wide range of disease indications, including oncology, autoimmune diseases, and improving quality of life conditions. The Company has constructed over 50 molecules using the TRBC platform. Further preclinical evaluation studies are currently being conducted for these molecules the Company has selected based on promising preclinical data. The Company has two licensing programs in which it has licensed exclusive rights for some of its proprietary molecules. See the Company Pipeline at https://hcwbiologics.com/pipeline/

About Maxim Group LLC

Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The independent and employee-owned firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group LLC is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA, SIPC, and NASDAQ. To learn more about Maxim Group LLC, visit maximgrp.com.

Forward Looking Statements:

Statements in this press release contain “forward-looking statements” that are subject to substantial risks and uncertainties. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words and include the actual success and potency of the Company’s TRBC platform molecules. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ include, but are not limited to, the risks and uncertainties that are described in the section titled “Risk Factors” in the annual report on Form 10-K filed with the United States Securities and Exchange Commission (the “SEC”) on March 28, 2025, the latest Form 10-Q filed with the SEC on August 18, 2025 and in other filings filed from time to time with the SEC.

Company Contact:

Rebecca Byam
Chief Financial Officer
HCW Biologics Inc.
[email protected]

Key Takeaways Patterson-UTI Energy will announce Q3 earnings on Oct. 22, with EPS forecasted at a loss of 9 cents.PTEN's operating costs are projected to fall nearly 50%, reflecting its focus on financial discipline.PTEN's consensus estimates for Q3 earnings and revenues have stayed unchanged over the past week.
Patterson-UTI Energy, Inc. (PTEN - Free Report) is set to report third-quarter earnings on Oct. 22. The Zacks Consensus Estimate for earnings is pegged at a loss of 9 cents per share and the same for revenues is pinned at $1.17 billion.

Let us delve into the factors that are likely to have influenced PTEN’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter.

Highlights of PTEN’s Q2 Earnings & Surprise HistoryPTEN recorded an adjusted net loss of 6 cents per share in second-quarter 2025, missing the Zacks Consensus Estimate of a loss of 4 cents. The year-over-year decline was mainly caused by weak performance in the Drilling Services, Completion Services and Other Services segments. However, Houston, TX-based oil and gas drilling company’s total revenues of $1.2 billion beat the Zacks Consensus Estimate by 0.3%.

PTEN’s earnings missed the consensus estimate in each of the trailing four quarters, delivering an average negative surprise of 17.50%. 

This is depicted in the graph below:   

PTEN Stock’s Trend in Estimate RevisionThe Zacks Consensus Estimate for third-quarter 2025 earnings has not witnessed any movement in the past seven days. The estimated loss of 9 cents per share indicates a decline from the break-even earnings reported in the year-ago period. The Zacks Consensus Estimate for revenues implies a deterioration of 13.56% from the year-ago period.

Factors to Consider Ahead of PTEN’s Q3 ReleasePTEN makes money by helping oil and gas companies find and extract oil and natural gas. The company does this by drilling wells, completing those and providing the tools needed for these processes.

The decrease in PTEN's costs is likely to have improved its bottom line. The company’s operating costs and expenses are predicted to reach $1.2 billion in the third quarter, which is 49.7% down from the year-ago period’s level. This highlights the company’s commitment to optimizing operations and exercising financial prudence amid a tough market landscape.

Its direct operating costs are expected to decrease from $1 billion to $885.2 million in the same time frame. Furthermore, the company’s depreciation, depletion, amortization and impairment costs are anticipated to decrease from $374.7 million to $230.3 million.

On a bearish note, PTEN's revenues are likely to have suffered in the quarter to be reported. The Zacks Consensus Estimate for third-quarter revenues is down from the year-ago quarter’s $1.4 billion. This can be attributed to the poor performance of the Completion Services, Drilling Services, Drilling Products and Other segments.

While revenues are expected to have declined across multiple segments, PTEN’s cost-control measures are likely to have helped cushion the financial impact in the upcoming quarterly results.

What Does Our Model Predict About PTEN?The proven Zacks model does not conclusively predict an earnings beat for Patterson-UTI Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that is not the case here.

PTEN’s Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is -15.24%.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank of PTEN:  PTEN currently carries a Zacks Rank #3.

Stocks to ConsiderHere are some firms from the energy space that you may want to consider, as these have the right combination of elements to post an earnings beat this season.

Archrock, Inc. (AROC - Free Report) has an Earnings ESP of +7.32% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Archrock is set to announce its earnings on Oct. 28, following the close of market trading. The company is a leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the United States. Archrock’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 6.5%. Valued at around $4.25 billion, Archrock’s shares have gained 15.6% in a year.

Antero Midstream (AM - Free Report) is slated to release its earnings on Oct. 29 after the closing bell. The company currently has an Earnings ESP of +2.46% and a Zacks Rank #3.

Antero Midstream is a midstream energy company that provides gathering, compression, processing and water handling services to support natural gas and natural gas liquids production, primarily for Antero Resources in the Appalachian Basin. In the past four quarters, AM’s earnings beat the Zacks Consensus Estimate twice, reported one break-even earnings and missed once, resulting in an average surprise of 1.13%. Valued at around $8.61 billion, AM’s shares have gained 19.7% in a year.

Transocean (RIG - Free Report) has an Earnings ESP of +18.42% and a Zacks Rank #3 at present. It is scheduled to release earnings on Oct. 29.

Transocean is a leading offshore drilling contractor that provides drilling services for oil and gas wells worldwide. The company’s earnings beat the Zacks Consensus Estimate thrice in the trailing four quarters and missed once, delivering an average negative surprise of 195.83%. Valued at around $2.94 billion, Transocean’s shares have lost 17.5% in a year.

Key Takeaways Halliburton is expected to post Q3 earnings of $0.50 per share on $5.4 billion in revenues.North American and Mexican operations remain soft, pressuring the company's revenue outlook.HAL's Zeus IQ automation platform supports efficiency gains and long-term digital growth.
Halliburton Company ((HAL - Free Report) ) is set to release third-quarter results on Oct. 21. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 50 cents per share on revenues of $5.4 billion.

Let’s delve into the factors that might have influenced the oilfield service firm’s performance in the September quarter. But it’s worth taking a look at HAL’s previous-quarter performance first.

Highlights of Q2 Earnings & Surprise HistoryIn the last reported quarter, this Houston, TX-based provider of technical products and services to drillers of oil and gas wells met the consensus mark, reflecting softer activity in the North American region, partly offset by international growth. Halliburton reported adjusted net income per share of 55 cents, the same as the Zacks Consensus Estimate. Revenues of $5.5 billion beat the Zacks Consensus Estimate by 1.1%.

HAL matched the Zacks Consensus Estimate thrice in the last four quarters and missed in the other. This is depicted in the graph below:

Halliburton Company Price and EPS Surprise

Halliburton Company price-eps-surprise | Halliburton Company Quote

Trend in Estimate RevisionThe Zacks Consensus Estimate for the third-quarter bottom line has remained unchanged in the past seven days. The estimated figure indicates a 31.5% fall year over year. The Zacks Consensus Estimate for revenues, meanwhile, suggests a 5.3% decrease from the year-ago period.

Factors to ConsiderHalliburton’s North America revenues declined 9% year over year in the second quarter of 2025, marking the eighth straight quarterly drop and highlighting persistent regional weakness. The decrease was mainly due to weak customer activity and softer pricing in pressure pumping. The company noted that North American markets are likely to remain challenging, with limited clarity on customer budgets. Due to this soft operating environment, we expect third-quarter sales from the region to be $2.1 billion, suggesting an 11.2% drop on a year-over-year basis.

Halliburton is also facing some challenges in Mexico, which is slowing down its international growth. In the second quarter of 2025, revenues from Latin America fell by a significant 11% year over year after falling 19% in the previous three-month period. The latest decline was primarily on account of a business slowdown in Mexico. Management admits that conditions in Mexico are still difficult, and they don't expect things to improve anytime soon. Going by our model, the company’s third-quarter Latin America revenues are likely to be $940.4 million, down almost 11% from the year-ago period.

However, as a respite to the company, its pivot to digitalization and integrated services is gaining traction. The company’s growing technological edge, especially in its completions segment, is a key factor supporting its long-term upside. The company’s Zeus IQ platform, an autonomous, closed-loop hydraulic fracturing system, marks a significant step forward in automation and efficiency. By utilizing real-time reservoir feedback to guide fracturing without human intervention, Zeus IQ enhances well productivity and safety. This not only deepens client relationships but also ensures more stable and recurring revenues.

What Does Our Model Say?The proven Zacks model does not conclusively predict an earnings beat for Halliburton for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of a beat. But that’s not the case here.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is -2.61%.

Zacks Rank: HAL currently carries a Zacks Rank #4 (Sell).

Stocks to ConsiderWhile an earnings beat looks uncertain for Halliburton, here are some firms from the energy space that you may want to consider on the basis of our model:

Core Laboratories ((CLB - Free Report) ) has an Earnings ESP of +5.26% and a Zacks Rank #3. The firm is scheduled to release earnings on Oct. 22.

Core Laboratories has a market capitalization of $536 million. Carrying a Value Score of B, Core Laboratories has lost 36.5% in a year.

Transocean Ltd. ((RIG - Free Report) ) has an Earnings ESP of +18.42% and a Zacks Rank #3. The firm is scheduled to release earnings on Oct. 29.

The Zacks Consensus Estimate for Transocean’s 2025 earnings per share indicates 107.7% year-over-year growth. Valued at nearly $3 billion, Transocean has lost 22.3% in a year.

HF Sinclair Corporation ((DINO - Free Report) ) has an Earnings ESP of +21.03% and a Zacks Rank #1. The firm is scheduled to release earnings on Oct. 30.

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

The Zacks Consensus Estimate for HF Sinclair’s 2025 earnings per share indicates 261.4% year-over-year growth. Valued at $9.8 billion, HF Sinclair has gained 17.3% in a year.

HomeIndustriesAutomobilesThe Chinese electric-vehicle maker was sued by Singapore’s sovereign wealth fund over claims it juiced its numbersPublished: Oct. 16, 2025 at 9:26 a.m. ET

Shares of Chinese electric-vehicle company Nio Inc. are falling Thursday after a lawsuit from Singapore’s sovereign wealth fund revived years-old allegations of fraud.

The wealth fund, GIC Private Limited, filed a lawsuit in the Southern District of New York in late August naming the carmaker, as well as its Chief Executive William Li and former Chief Financial Officer Steven Feng, as defendants. The allegations center on Nio’s NIO relationship with the “superficially independent” battery-asset company Weineng, which was controlled by Nio.

About the Author

William Gavin is a tech reporter for MarketWatch. He is based in New York.

Partner Center

Retailer shares America's favorite candies ahead of Halloween CINCINNATI , Oct. 16, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared a ghostly guide to become the ultimate Halloween host and claim the "best house on the block" title this scary season. For a holiday that is all treats and no tricks, follow the retailers top five list to creep it real on beggar's night.

AI-enabled provider operations amassed 73% of Healthtech mega-deals in 2025

, /PRNewswire/ -- With increased adoption of AI-enabled solutions, provider operations is attracting more venture capital (VC) investment than any other Healthtech sector in 2025, according to the latest report from Silicon Valley Bank (SVB), a division of First Citizens Bank. Accounting for 44% of overall Healthtech investment, provider operations – activities that support the delivery of healthcare, such as scheduling, documentation, and billing – is boosting the Healthtech sector to account for its highest investment levels since 2022. To date, $5.5B has been invested in healthcare provider operations and with a full year projection of $8.25B, the sub-sector is on pace to surpass its 2021 record of $7.8B. 

"Healthtech has undergone a dramatic shift as AI adoption has significantly boosted investment in provider operations," said Jennifer Friel Goldstein, Head of Relationship Management for Technology & Healthcare Banking at Silicon Valley Bank. "The sector has traditionally been focused on clinical care but there is a new focus on front and back-office tools as AI helps to streamline these operations. Some of the biggest opportunities for AI in healthcare are to solve business problems, not medical care problems. Companies are leveraging AI solutions to improve inefficiencies that allow for more critical matters, like patient care, to be prioritized."

According to the data, alternative care accounted for 42% of Healthtech investment dollars in 2021 compared to just 9% today. Meanwhile, provider operations, which accounted for 19% of investment four years ago, is now accounting for almost half.

The 6th edition of SVB's Future of Healthtech Report provides a detailed analysis of the Healthtech market, including investment trends, sector evolution, and the growing importance of AI in reshaping healthcare.

Numbers to Know:

$5.5B was invested in activities that support the delivery of healthcare such as scheduling, documentation, and billing
~42% boost in seed-stage AI valuations since 2021
32 M&A deals in provider operations in 2025
52% of the deals in 2025 have been in AI
$18.5B is expected to be the total investment in Healthtech by year-end

Additional key findings from the Future of Healthtech 2025 report include:

Generalist investors such as Andreessen Horowitz, General Catalyst, and GV have added a significant valuation premium of 22% to mega-deals, which represent 38% of total Healthtech investment this year
Of the nearly $1.5B already invested in 2025, 40% went to just a single company, Abridge
Physicians trust AI most for work efficiency (75%) and trust it least for patient privacy (15%)
Consolidation through M&A has become the most realistic exit strategy, with 2025 on pace to see record highs of 13 Healthtech PE exits

Goldstein, along with other leaders from the SVB Life Science and Healthcare team, will be sharing the report at the upcoming 2025 HLTH conference from October 19-22. SVB's Raysa Bousleiman, Vice President for Venture Capital Relationship Management in Life Sciences and Healthcare, will also be on a panel at HLTH discussing The Trillion Dollar Blind-Spot.

Learn More
To read the complete Future of Healthtech 2025 report, click here: Future of Healthtech 2025 Report: Key VC Investment Drivers

A leader in providing market insights about the innovation economy, SVB has produced 16 new market reports to-date in 2025. For the complete library of SVB's signature reports, please visit Market Research Industry Trends & Insights | Silicon Valley Bank (svb.com)

About Silicon Valley Bank
Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of some of the world's most innovative companies and investors. SVB provides commercial banking to companies in the technology, life science and healthcare, private equity and venture capital industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVB's parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA ), is a top 20 U.S. financial institution with more than $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at svb.com

SOURCE Silicon Valley Bank

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In

, /PRNewswire/ -- Today, Mopar offers an early look at a second new concept for the 2025 SEMA (Specialty Equipment Market Association) Show in Las Vegas, Nov. 4-7. Mopar has prepared a wide and wild array of customized vehicles and hundreds of quality-tested, factory-backed performance parts and accessories for its display area in the South Hall of the Las Vegas Convention Center.

Mopar
Mopar is the global name for Stellantis genuine parts and authentic accessories.

Today, Mopar offers an early look at a second new concept for the 2025 SEMA (Specialty Equipment Market Association) Show in Las Vegas, Nov. 4-7. Mopar has prepared a wide and wild array of customized vehicles and hundreds of quality-tested, factory-backed performance parts and accessories for its display area in the South Hall of the Las Vegas Convention Center.

A simple combination of the words MOtor and PARts, Mopar offers exceptional service, parts and customer-care. Born in 1937 as the name of a line of antifreeze products, Mopar has evolved over more than 88 years to represent both complete vehicle care and authentic performance for owners and enthusiasts worldwide.

Mopar made its mark in the 1960s during the muscle-car era with performance parts to enhance speed and handling for both on-road and racing use. Later, Mopar  expanded to include technical service and customer support, and today integrates service, parts and customer-care operations in order to enhance customer and dealer support worldwide.

Complete information on Mopar is available at www.mopar.com and the Mopar blog at blog.mopar.com. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.

Follow Mopar and company news and video on:
Company blog: blog.stellantisnorthamerica.com
Media website: media.stellantisnorthamerica.com
Mopar brand: www.mopar.com/
Mopar blog: blog.mopar.com/ 
Facebook: www.facebook.com/mopar
Instagram: www.instagram.com/officialmopar
Twitter: twitter.com/OfficialMOPAR
YouTube: www.youtube.com/c/mopar or www.youtube.com/StellantisNA

SOURCE Stellantis

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In

Ottawa, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The global food waste management market size stood at USD 77.63 billion in 2024 with a forecasted growth trajectory from USD 81.78 billion in 2025 to USD 132.17 billion by 2034, according to a report published by Towards FnB, a sister firm of Precedence Research.

The market has experienced significant growth in recent years, driven by increasing awareness of sustainability, government initiatives, and the adoption of advanced technologies for waste reduction and management. These factors ultimately lead to a healthier environment.

Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making.

Access the Full Study Instantly | Download Sample Pages of the Report Now@ https://www.towardsfnb.com/download-sample/5873

Key Highlights of the Food Waste Management Market

By region, North America led the food waste management market with largest share of 35% in 2024, whereas the Asia Pacific is expected to grow in the foreseeable period.By solution type, the collection and logistics segment captured the maximum share of 28% in 2024, whereas the software and analytics segment is expected to grow in the forecast period.By end user, the municipalities and government programs segment dominated the market with biggest share of 40% in 2024, whereas the foodservice and catering segment is expected to grow in the expected timeframe.By technology method, the aerobic composting segment led the market with largest share of 30% in 2024, whereas the on-site systems segment is expected to grow in the foreseeable period.By business model, the municipal contracted services and tipping fees segment led the food waste management market in 2024, whereas the software as a service and analytics segment is expected to grow in the foreseeable period.
Improving Technology, helping the Growth of the Food Waste Management Market

The food waste management market is growing due to increased environmental awareness, strict government regulations, and advancing technology to convert waste into useful resources. Strict and mandatory government regulations help a region to maintain cleanliness and lower waste. Also, it allows consumers to manage and reduce food waste accordingly.

The food waste management market involves the collection, diversion, processing, and redistribution of food instead of throwing it away. The market also focuses on factors such as front-of-the-supply-chain prevention, onsite reduction solutions, collection and logistics, biological processing, rendering, thermal conversion, and enabling software and services. The market also involves contributions from municipal programs, retail and food service solutions, and value chain recovery.

New Trends of Food Waste Management Market

Technological innovations such as smart bins, AI-powered sorting systems, and IoT sensors, which are helpful for real-time monitoring, are one of the major factors for the growth of the food waste management market.High importance on converting waste into useful resources such as animal feed, energy, and compost is another major factor for the growth of the market.Strict government policies to reduce waste and convert it into useful resources are one of the major sources of growth of the food waste management market.Collaboration of NGOs, businesses, and government initiatives to redirect surplus food to the needy instead of discarding it is a noble and essential method of food recycling, rather than turning it into waste. Recent Developments in Food Waste Management Market

In September 2025, Ikea and waste management company Vanguard Renewables announced their partnership on a pilot program of converting food waste into clean resources such as natural gas and low-carbon fertilizer for agricultural use. (Source- https://www.esgdive.com)In April 2025, in India, the Bihar government announced the launch of the ‘Integrated Solid Waste Management’ project in Patna on a public-private partnership mode for processing and disposal of garbage at a landfill. (Source- https://timesofindia.indiatimes.com) Government Policies of Different Countries for Food Waste Management

India- the country has rules such as the Solid Waste Management Rules, 2016, and schemes such as GOBAR-Dhan to convert organic waste into energy and compost.France and Italy have made it mandatory for supermarkets to donate surplus food rather than waste it, and they receive tax deductions as a benefit to motivate the policy.Australia invests in food rescue organizations as part of its national strategy and is also the first country to commit to halving food waste by 2030.Norway - the country has signed an agreement with the food industry to halve food waste.United Nations - the Sustainable Development Goal (SDG) 12.3 aims to halve per capita global food waste by 2030.
View Full Market Intelligence@ https://www.towardsfnb.com/insights/food-waste-management-market

Trade Analysis of the Food Waste Management Market: Import & Export Statistics

The food-waste management market has expanded rapidly as governments, municipalities, and large food companies invest in collection, treatment, and circular-economy solutions (composting, anaerobic digestion/biogas, depackaging, in-vessel composters, food-waste disposers, and software/platforms). 

Top Exporters (who supply the world with food-waste management technologies & services)

Germany & Netherlands

European suppliers, led by specialist engineering firms in Germany and the Netherlands, export in-vessel composters, depackaging systems, and turnkey anaerobic digestion (AD) plants to municipal and industrial customers worldwide; Europe’s circular-economy focus and strong engineering base make these countries top technology exporters. 
United States

U.S. firms are major exporters of commercial/industrial food-waste disposers, waste-to-energy engineering services, and SaaS platforms for waste tracking and supply-chain redistribution (food-rescue logistics). North American technology and service providers also export project development capabilities for AD and composting. 
China & Southeast Asia 

China and regional OEMs supply low-to-mid-cost food-waste shredders, in-sink disposers, and packaged composting units at scale for emerging markets and export to neighboring countries, while Southeast Asian countries also export bulk depackaging and pre-treatment equipment. 
Denmark / UK / France

Denmark, the UK, and France are notable exporters of high-efficiency AD/biogas equipment, process control systems, and farm-scale digesters, benefiting from strong domestic deployment and turnkey export projects into Europe and non-EU markets. 
Top Importers/Demand Hubs

North America (U.S. & Canada) — Strong municipal and corporate demand for organics diversion programs, commercial composting, and on-site food-waste processing for large hotels, universities, and healthcare facilities.European Union — aggressive landfill diversion and circular-economy policies have driven AD, depackaging, and advanced composting imports across EU member states; the EU remains a major buyer of specialized processing lines and consultancy services. In East Asia & Southeast Asia, rapid urbanization and rising municipal budgets for waste infrastructure are increasing imports of compact digesters, commercial composters, and depackaging lines. Middle East & Latin America — growing interest in waste-to-energy projects and industrial composting, often financed via public-private partnerships and imported turnkey solutions.  Impact of AI in the Food Waste Management Market

Artificial intelligence (AI) is revolutionizing the food waste management market by enhancing prevention, optimization, and sustainability across the food supply chain. One of the biggest challenges in this sector is accurately predicting and managing surplus food. AI is addressing this by using predictive analytics to forecast demand, monitor inventory, and minimize overproduction. By analyzing historical sales, weather patterns, and consumption data, AI enables manufacturers, retailers, and food service providers to align production with actual demand, significantly reducing waste at the source.

In food processing and storage, AI-powered sensors and computer vision systems detect spoilage, contamination, and expiration risks in real time, ensuring that unsafe food is identified early and diverted to appropriate waste streams or recycling processes. AI is also driving innovation in food redistribution, connecting surplus food from producers or restaurants to charities through intelligent matching platforms. In waste treatment, machine learning models optimize composting, anaerobic digestion, and energy recovery processes, improving efficiency and yield.

Access the Full Study Instantly | Download Sample Pages of the Report Now@ https://www.towardsfnb.com/download-sample/5873

Top Products in the Food Waste Management Market 

Solution / Product TypePrimary Function / Role in Food Waste ManagementTypical Use Cases / ExamplesAnaerobic Digestion & Biogas SystemsDigest organic waste in oxygen-free environment to produce methane (biogas) + digestate (fertilizer)Industrial food processors, municipal organics, farms converting waste to energyComposting / Aerobic Treatment SystemsBreak down organic waste using oxygen and microbes to produce compost / soil amendmentsFood service waste, institutional kitchens, community composting facilitiesWaste Sorting & Preprocessing EquipmentSeparate, de-package, screen contaminants before downstream processingOptical sorters, shredders, de-packagers, conveyorsSmart Sensors & Monitoring / Analytics SoftwareMeasure, monitor, and analyze waste streams, detect spoilage or inefficienciesIoT sensors in bins, AI/ML tools tracking kitchen waste, dashboards for waste reductionThermal / Incineration / Pyrolysis Conversion SystemsConvert waste (especially non-compostable fractions) via heat to energy, syngas, or biocharMixed waste streams, non-recyclable organics, residualsValue-Added Conversion ProductsTransform processed waste into marketable productsAnimal feed, biofertilizer, insect protein, bioplastics, specialty chemicalsWaste Rescue / Redistribution PlatformsDigital platforms to redistribute unsold/edible food to minimize wasteApps / marketplaces for surplus food (restaurants, groceries)Compact / Kitchen-Scale SolutionsSmall systems usable at the source (restaurants / hotels / homes) to reduce volume or process food scrapsElectric food digesters, countertop composters, in-kitchen grindersDehydration / Drying & Pulverization EquipmentReduce moisture to shrink volume and stabilize organic wasteDryers, pulverizers, fluid bed dryers, vacuum dryingReverse Vending & Bottle / Packaging Return SystemsCollect and incentivize return of food/packaging containers to reduce waste burdenReverse vending machines, deposit-return systems
Food Waste Management Market Dynamics

What Are the Growth Drivers of Food Waste Management Market?

Growing environmental awareness is a major factor in the growth of the food waste management market. The food waste management helps to lower the negative impact on the environment, such as greenhouse gas emissions and resource depletion. Stringent government policies compel food and beverage industries to invest in food waste management machines to convert waste into resources, further fueling the growth of the food waste management market. The circular economy is another major factor aiding waste conversion into useful resources and transforming waste into innovative creations.  

Challenges

What are the Restrictions Observed by the Food Waste Management Market?

A few restrictions obstruct the growth of the food waste management market. High capital costs, infrastructure gaps, ineffective processing, financial issues, government-mandatory policies, and other similar issues are some of the major problems observed in the growth of the market. The high capital investment required to adopt technological machinery for converting waste into useful resources is one of the major issues faced by the market.

Opportunity

How Does Food Waste Conversion Into Renewable Sources Pose a Strong Opportunity for the Market?

Converting food waste into renewable resources like biogas and other forms of renewable energy is a major growth factor in the food waste management market. It helps to lower the volume of waste and create a renewable source of energy without any carbon footprint. Hence, it is a healthy activity for the environment and an ideal step for improved sustainability. The aerobic digestion procedure uses bacteria in an oxygen-free environment to break down organic matter into gas, which is useful for generating electricity and further fueling the growth of the food waste management market.

For Detailed Pricing and Tailored Market Report Options, Click Here: https://www.towardsfnb.com/checkout/5873

Food Waste Management Market - Value Chain Analysis

1. Waste Collection & Segregation

The process begins with food waste generation at farms, processors, retailers, HoReCa, and households. Companies specializing in waste logistics and segregation systems collect organic residues, expired products, and by-products. Key value drivers include source separation efficiency, traceability systems (IoT bins, sensors), and regulatory compliance with waste disposal norms. Upstream value is captured by firms offering smart collection infrastructure and integrated waste-tracking services that reduce landfill dependency.

2. Processing & Conversion

This is the core value-creation stage, transforming organic waste into animal feed, compost, biogas, biofertilizers, or bio-based chemicals. Advanced technologies, such as anaerobic digestion, pyrolysis, enzymatic treatment, and fermentation, enhance yield and minimize emissions. High capital investment and operational expertise in waste valorization determine competitiveness. Value capture is highest among companies integrating closed-loop models that recover energy or nutrients from waste streams while meeting sustainability targets (e.g., carbon credits).

3. Distribution & Resource Recovery

Processed outputs are distributed to energy utilities, agriculture, packaging, and chemical industries as renewable inputs or secondary raw materials. Success depends on market linkage creation, product certification (organic, renewable), and compliance with environmental standards. Partnerships with municipalities, food manufacturers, and energy firms strengthen revenue stability. This stage captures value by monetizing recovered resources, offering circular-economy solutions, and helping clients meet ESG goals and waste-diversion mandates.

Food Waste Management Market Regional Analysis

North America Dominated the Food Waste Management Market in 2024

North America led the food waste management market in 2024, mainly due to factors such as food spoilage, excess production, insufficient cold-chain infrastructure, strict food-grading criteria, uniform date labeling practices, and fluctuating consumer demand. The US and Canada play a major role in the growth of the market in the region, as these countries have several programs to handle food waste effectively and convert it into useful resources. The region also follows sustainable technologies such as anaerobic digestion for the conversion of waste into energy, further fueling the growth of the market.

Asia Pacific Is Observed to Be the Fastest Growing Region in the Foreseen Period

Asia Pacific is observed to be the fastest-growing region in the foreseen period due to government initiatives and schemes that help manage food waste and convert it into useful resources. Urbanization, rising population, growing awareness of environmental protection, and strict government regulations also help to fuel the growth of the market. The food and beverage sector of the Asia Pacific is massive, leading to significant food waste and challenges in waste management. Hence, sustainable initiatives to convert food waste into sustainable energy resources in the Asia Pacific are fueling the growth of the food waste management market.

Food Waste Management Market Report Scope

Report AttributeKey StatisticsBase Year2024Forecast Period2025 to 2034Growth Rate from 2025 to 2034CAGR of 5.44%Market Size in 2025USD 81.78 BillionMarket Size in 2026USD 86.18 BillionMarket Size by 2034USD 132.17 BillionDominated RegionNorth AmericaFastest Growing RegionAsia PacificRegions CoveredNorth America, Europe, Asia-Pacific, Latin America and Middle East & Africa
Have Questions? Let’s Talk—Schedule a Meeting with Our Insights Team: https://www.towardsfnb.com/schedule-meeting

Food Waste Management Market Segmental Analysis

Solution Analysis

The collection and logistics segment dominated the food waste management market in 2024, representing the initial collection of waste before any treatment or management procedures. The segment also focuses on government support and initiatives to lower waste and ensure its proper disposal for ideal collection. Collection and logistics also play a vital role in the growth of the market by facilitating the easy collection of waste from homes, eateries, and food production plants, helping them discard the waste properly and utilize it for resourceful purposes.

The software and analytics segment is expected to grow in the foreseen period as technological advancements offer multiple benefits for food waste management, including data-driven operations, enhanced efficiency, reduced expenses, and smoother food supply chains. With the help of AI, IoT, and data analytics, businesses can track food waste, manage inventory, organize the collection methods, and aid in waste reduction and its efficient management, further fueling the growth of the food waste management market. Technological advancements also help to forecast waste production, increase traceability, and enhance the effectiveness of the waste management program.  

End User Analysis

The municipalities and government programs segment led the food waste management market in 2024 due to its essential role in collecting and managing food waste efficiently. Governments globally have made various rules and regulations to manage and reduce food waste. Rules such as ceasing disposal of organic waste in landfills and mandatory composting and recycling of waste have helped the growth of the market. Governments also support public and private partnerships for efficient waste collection and management, further fueling the growth of the market.

The foodservice/restaurants and catering segment is expected to grow in the foreseeable period, as these sectors face significant food waste at each operational step. Hence, to manage food waste efficiently and sustainably places immense pressure on these sectors. Hence, they try to follow certain steps and schemes to manage the huge amount of food waste efficiently.

Technology Analysis

The aerobic composing segment led the food waste management market in 2024 due to its affordability, ecological advantages, and its capability to turn waste into nutrient-dense compost. The procedure involves turning organic waste into nutrient-dense compost, while landfills help manage waste sustainably and maintain climatic conditions. The procedure is environment-friendly and hence is also essential for lowering greenhouse gas emissions. It helps in creating compost rich in potassium, phosphorus, and nitrogen.

The on-site system segment is expected to grow in the foreseen period due to its affordability, logistical support, and high sustainability objectives, all of which contribute to the growth of the food waste management market. An on-site processing unit helps businesses save money by reducing waste collection frequency, lowering additional costs, eliminating landfill disposal expenses, and generating useful byproducts such as compost, biofuel, and biogas, which support market growth and promote sustainability.

Business Model Analysis

The municipal contracted services and tipping fees segment led the food waste management market in 2024 due to its substantial volume, developed infrastructure, and financial framework required for easy waste collection. Local contracts provide a reliable source of income through disposal fees to contractors. The segment focuses on the fixed source of income for contractors, further fueling the growth of the market.

The software as a service and analytics segment is expected to grow in the foreseeable period as it focuses on essential industry challenges, scalable, and data-informed solutions. The segment also helps to lower the additional management and operational costs compared to manual procedures, further fueling the growth of the market. The SaaS model offers significant scalability for multi-location companies ranging from small restaurant chains to global entrepreneurs.

Feel Free to Get in Touch with Us for Orders or Any Questions at: [email protected]

Additional Topics Worth Exploring:

Tea Market: The global tea market size is projected to expand from USD 30.25 billion in 2025 to USD 54.68 billion by 2034, growing at a CAGR of 6.8% during the forecast period from 2025 to 2034Beverage Packaging Market: The global beverage packaging market size is projected to reach USD 271.80 billion by 2034, growing from USD 173.71 billion in 2025, at a CAGR of 5.1% during the forecast period from 2025 to 2034.Gluten Free Food Market: The global gluten free food market size increasing from USD 14.25 billion in 2025 and is expected to surpass USD 33.59 billion by 2034, with a projected CAGR of 10% during the forecast period from 2025 to 2034.Canned Wines Market: The global canned wines market size is expected to increase from USD 127.88 million in 2025 to USD 332.46 million by 2034, growing at a CAGR of 11.2% throughout the forecast period from 2025 to 2034.Plant-Based Protein Market: The global plant-based protein market size is projected to expand from USD 20.33 billion in 2025 and is expected to reach USD 43.07 billion by 2034, growing at a CAGR of 8.7% during the forecast period from 2025 to 2034.Bakery Product Market: The global bakery product market size is rising from USD 507.46 billion in 2025 to USD 821.62 billion by 2034. This projected expansion reflects a CAGR of 5.5% during the forecast period from 2025 to 2034.Personalized Nutrition Market: The global personalized nutrition market size is forecasted to expand from USD 17.92 billion in 2025 to USD 61.56 billion by 2034, growing at a CAGR of 14.7% during the forecast period from 2025 to 2034.Coconut Products Market: The global coconut products market size is expected to climb from USD 14.18 billion in 2025 to approximately USD 33.71 billion by 2034, growing at a CAGR of 10.1% during the forecast from 2025 to 2034.Pet Food Market: The global pet food market size is expected to increase from USD 113.02 billion in 2025 to USD 167.97 billion by 2034, growing at a CAGR of 4.5% throughout the estimated timeframe from 2025 to 2034.Fresh Produce Market: The global fresh produce market size is projected to grow from USD 3,707 billion in 2025 to approximately USD 5,653 billion by 2034. This anticipated growth represents a CAGR of 4.80% during the forecast period from 2025 to 2034. Top Companies in the Food Waste Management Market

Darling Ingredients: Converts food waste and animal by-products into bio-ingredients, renewable energy, and feed additives, leading in circular bioeconomy applications.Anaergia: Specializes in anaerobic digestion and biogas recovery systems, transforming organic waste into renewable energy and fertilizer.Covanta: Operates waste-to-energy facilities that convert municipal and food waste into electricity and steam, reducing landfill dependence and greenhouse gas emissions.Novamont: Develops compostable materials and supports compost valorization systems, integrating bioplastics innovation with food waste composting infrastructure.Enerkem: Focuses on thermal recycling and advanced biofuel production by converting non-recyclable waste into synthetic fuels and chemicals.BioHiTech Global: Provides on-site food waste processing and data analytics solutions through aerobic digesters and cloud-based monitoring systems.Winnow Solutions: Offers AI-powered analytics tools to help commercial kitchens measure, track, and reduce food waste through real-time insights.Leanpath: Designs automated systems and smart scales that help hospitality and foodservice operators identify and prevent food waste at the source.Spoiler Alert: A B2B software platform that helps food manufacturers and distributors resell or donate surplus inventory to reduce financial and environmental losses.Feeding America: The largest U.S. hunger-relief and food redistribution network, rescuing and redistributing surplus food to millions through local partnerships.FareShare: A leading UK-based charity network that collects surplus food from suppliers and redistributes it to community organizations and charities.Olio: A mobile food-sharing app that connects households and local businesses to share surplus food, promoting community-level waste reduction.Karma: A consumer-facing food rescue marketplace enabling restaurants and retailers to sell surplus food directly to customers at discounted prices.AgriProtein: Pioneers insect-based bioconversion, using black soldier fly larvae to transform food waste into high-protein animal feed and organic fertilizer.Local/Regional Composters & Organics CDMOs: Comprise numerous specialized facilities handling composting, anaerobic digestion, and soil amendment production at municipal and regional levels.Specialist Equipment Suppliers: Provide industrial composters, biodigesters, and dewatering systems for efficient on-site food waste management across commercial and institutional sectors. Segments Covered in the Report

By Solution Type / Service Offering 

Collection & Logistics (Municipal & Commercial hauling)curbside organics pickup, route optimisation, transfer stations Composting (Aerobic; municipal & commercial)in-vessel, windrow, community composting Anaerobic Digestion (AD) & Biogas (energy recovery) wet AD for food waste, co-digestion with biosolids Food Rescue & Redistribution (prevention / donation)food banks, marketplace apps, corporate rescue programs Rendering & Animal Feed ConversionThermal Processing / Pyrolysis / Waste-to-Energy Software, Analytics & IoT (waste tracking, prevention)Consulting, Lab & Value-added Services (e.g., carbon crediting, certification) By End User/Generator 

Municipalities & Government ProgramsFood Retail & Supermarkets Foodservice / Restaurants & CateringFood & Beverage Manufacturing / ProcessorsAgriculture & Farms (on-farm waste) Other (events, institutions) By Technology/Processing Method 

Aerobic Compostinglarge municipal windrow & in-vessel systems plus commercial composters Anaerobic Digestion / BiogasThermal Conversion (incineration, pyrolysis, gasification)Rendering / High-temperature processing for feed/ingredients Mechanical-Biological Treatment / Pre-treatmentIn-situ / On-site systems (e.g., in-kitchen biodigesters) Other / Emerging (black soldier fly / insect bioconversion) By Business Model/Revenue Stream

Municipal contracted services & tipping feesEnergy & biogas sales (AD) & renewable creditsCompost / soil amendment sales & circular productsFood rescue / donation cost savings & tax incentives Software-as-a-Service & analyticsConsulting & certification services  By Region

North America

U.S.Canada Asia Pacific

ChinaJapanIndiaSouth KoreaThailand
Europe

GermanyUKFranceItalySpainSwedenDenmarkNorway Latin America

BrazilMexicoArgentina
Middle East and Africa (MEA)

South AfricaUAESaudi ArabiaKuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request.

For Detailed Pricing and Tailored Market Report Options, Click Here: https://www.towardsfnb.com/checkout/5873

Feel Free to Get in Touch with Us for Orders or Any Questions at: [email protected]

Unlock expert insights, custom research, and premium support with the Towards FnB Annual Membership. For USD 495/month (billed annually), get full access to exclusive F&B market data and personalized guidance. It’s your strategic edge in the food and beverage industry: https://www.towardsfnb.com/get-an-annual-membership

About Us

Towards FnB is a global consulting firm specializing in the food and beverage industry, providing innovative solutions and expert guidance to elevate businesses. With an in-depth understanding of the dynamic F&B sector, we deliver customized market analysis and strategic insights. Our team of seasoned professionals is committed to empowering clients with the knowledge needed to make informed decisions, ensuring they stay ahead of market trends. Partner with us as we redefine success in the rapidly evolving food and beverage landscape, and together, we’ll navigate this transformative journey.

Web: https://www.towardsfnb.com/

Our Trusted Data Partners

Precedence Research | Statifacts | Towards Packaging | Towards Chemical and Materials| Nova One Advisor | Food Beverage Strategies | FnB Market Pulse |

For Latest Update Follow Us:

LinkedIn | Medium| Twitter

Discover More Market Trends and Insights from Towards FnB:

➡️Beverage Flavors Market: https://www.towardsfnb.com/insights/beverage-flavors-market

➡️Salt Market: https://www.towardsfnb.com/insights/salt-market

➡️Probiotic Food Market: https://www.towardsfnb.com/insights/probiotic-food-market

➡️Protein Bar Market: https://www.towardsfnb.com/insights/protein-bar-market

➡️Gluten-Free Bakery Market: https://www.towardsfnb.com/insights/gluten-free-bakery-market

➡️Europe Nutraceuticals Market: https://www.towardsfnb.com/insights/europe-nutraceuticals-market

➡️Canned Food Market: https://www.towardsfnb.com/insights/canned-food-market

➡️Dietary Supplements Market: https://www.towardsfnb.com/insights/dietary-supplements-market

➡️Non-Alcoholic Beverages Market: https://www.towardsfnb.com/insights/non-alcoholic-beverages-market

➡️Dry Fruit Market: https://www.towardsfnb.com/insights/dry-fruit-market

➡️Frozen Meat Market: https://www.towardsfnb.com/insights/frozen-meat-market

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.

From XRP price views to the latest Ripple partnerships - here's the latest.

Despite the overall market uncertainty in the past week or so, the Brad Garlinghouse-spearheaded company made the headlines with a few big partnerships.

Ripple’s New Endeavors
As CryptoPotato reported earlier this week, Ripple has tapped Immunefi to boost institutional adoption of its XRP Ledger network. The strategic collaboration between the two aims to enhance the security of the XRPL Lending Protocol, which is categorized as a major step in Ripple’s enterprise-focused blockchain strategy. It offers pooled lending and underwritten credit natively on the network, and it’s designed to automate the full loan lifecycle, from issuance to repayments.

The company also expanded its African reach by partnering with South Africa’s Absa Bank, allowing the latter to integrate Ripple’s custody technology for managing tokenized assets, including cryptocurrencies.

The benefits for the two parties are as follows: the bank will utilize Ripple’s institutional-grade technology, while the US-based company will advance its mission to integrate digital assets into mainstream financial operations across the continent. This follows a previous collaboration that enabled Ripple to deploy its native stablecoin in some African regions.

Last month, we announced RLUSD live on the African continent…and today so is Ripple Custody through our partnership with Absa Bank, one of South Africa’s leading financial institutions! https://t.co/0ZcrGWlZNT

— Monica Long (@MonicaLongSF) October 15, 2025

ETF Developments
Following the closure of the legal case against the US SEC, the XRP Army has been solely focused on the ETF front. Current data from Polymarket shows that the chances for approvals of spot XRP ETFs by the end of the year are close to 100%. However, the US regulator is yet to grant a single green light, and this is unlikely to occur anytime soon due to the ongoing shutdown of the Federal government.

In the meantime, Volatility Shares has used the opportunity to file for new types of ETFs. As reported yesterday, the company has submitted numerous applications to launch leveraged ETFs tracking the performance of several assets, including XRP.

You may also like:

Ripple Expands African Footprint Through Strategic Partnership with Absa Bank

XRP Price Plunged 20% Amid Significant Whale Inflows to Binance

Ripple (XRP) Gains 160% After $20B Liquidation Shocker – What Lies Ahead?

Following the calamity that occurred last Friday, largely due to excessive leverage by traders, Scott Melker (better known as The Wolf Of All Streets) described these products as the “worst idea ever.”

XRP Price Update and Alert
Speaking of the market-wide crash that took place less than a week ago, it’s worth noting XRP’s performance during and since then. The asset plunged massively and tapped a multi-year bottom at below $1 (on some exchanges). Although it bounced off alongside the rest of the market immediately, it has failed to stage a notable recovery above $2.50.

It struggles below that level as of press time, while whales’ behaviour could hint at another price drop in the future. These large market participants disposed of more than 2.2 billion tokens in just a few days during and after the meltdown.

Analysts are split when trying to determine XRP’s next move. According to ERGAG CRYPTO, citing the asset’s wedge pattern, a significant move is expected, with an upswing at 57% and a breakdown at 43%.

Fed cut bets hit 96.7% — Bitcoin price prediction hints at renewed upside momentum and institutional buying power.

Bitcoin options market shows a significant rise in trading volume betting on a price decline.Greeks.live reports over $1.15 billion has moved into speculative OTM put options.On-chain data confirms speculative leverage, not organic demand, is driving price movements.Recent data from the Bitcoin options market indicates a significant increase in trading volume betting on a price decline over the past 24 hours.

Greeks.live, a crypto options analytics firm, noted a significant trend. A post on X on Thursday showed that more than $1.15 billion has poured into out-of-the-money (OTM) put options.

Key Data Points to a Growing Bearish SentimentThe firm explained that bearish bets have noticeably increased over the last 24 hours, with 28% of total options volume flowing into OTM put options. OTM put options are highly speculative positions that benefit from a substantial future drop in asset price.

Sponsored

Sponsored

BTC Option Flow-2025/10/16. Source: Greeks.liveThe options contract’s implied volatility has turned more negative this week. It has reached levels similar to those seen on October 11, the day after a significant market crash.

Greeks.live noted that the cryptocurrency market has experienced extreme volatility since news of President Trump’s tariff war broke last Friday, causing a rapid swing between bullish and bearish sentiment. The firm believes the market’s focus is shifting toward a bearish outlook.

This trend in the options market suggests that large-scale liquidity providers and market makers are pricing in a considerable risk of a price drop. While Bitcoin’s technical trend remains intact, Greeks.live recommends buying put options as a suitable hedging tool in the current climate.

On-Chain Data Echoes Bearish SignsCryptoQuant analyst TeddyVision pointed to a similar sentiment in stablecoin flows. He views stablecoins as the “arteries” of crypto liquidity, with most flows heading toward Bitcoin. However, he warns against confusing spot and derivatives trading.

USDC : Exchange Netflow(Total) – Spot Exchanges. Source: CryptoQuantTeddyVision highlighted two distinct trends from August 1 to mid-October 2025. An analysis of the 30-day SMA of stablecoin net inflows to exchanges shows that capital used for actual asset purchases has decreased, while liquidity supporting leveraged derivatives like futures and perpetual contracts has increased.

“It shows that price growth is not being driven by organic demand but by speculative leverage and synthetic exposure—through derivatives and ETF—linked capital rotation. In short, the engine is still running, but it’s running on fumes.”

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

No U.S. spot Bitcoin ETFs generated net inflows on Oct. 15, contrasting just one Ethereum ETF that registered net outflows.

Fetch.ai CEO Humayun Sheikh will fund a class action after Ocean Protocol’s abrupt exit from the ASI Alliance triggered a sharp FET sell-off.Ocean’s withdrawal ends the AI coalition with SingularityNET and Fetch.ai, exposing fractures over governance and token merger strategy.The split deepens legal and reputational risks for decentralized AI projects as exchanges adjust listings and users seek compensation.Fetch.ai CEO Humayun Sheikh has announced plans to personally fund a class action lawsuit following Ocean Protocol’s sudden withdrawal from the Artificial Superintelligence Alliance (ASI).

The Ocean Protocol decided to exit the decentralized AI coalition that once united Fetch.ai, SingularityNET, and Ocean Protocol under a shared token vision.

Sponsored

Fetch.ai CEO Humayun Sheikh Plans Class Action After Ocean Protocol’s ASI Alliance ExitIn a post on X (Twitter), Sheikh urged affected FET holders to prepare evidence of financial losses linked to Ocean’s exit. He committed to funding a class action in three or possibly more jurisdictions, with a dedicated channel planned for users to submit claims.

If you are or were a holder of $fet and have lost money during this Ocean action be ready with your evidence. I am personally funding a class action in 3 or possibly more jurisdictions. I will be setting up a channel for all to submit your claims. Hold tight and be ready!

— Humayun (@HMsheikh4) October 16, 2025
The statement comes as the FET price dropped almost 10% in 24 hours, trading at $0.2954 on CoinGecko at the time of writing.

FET Price Performance. Source: CoinGeckoThe sell-off has been ongoing, exacerbated by Ocean Protocol Foundation’s decision to withdraw all its directors and membership positions from the ASI Alliance.

The decision effectively ends its participation in the coalition formed earlier this year to build a unified AI and Web3 ecosystem.

Sponsored

Against this backdrop, Binance announced plans to cease support for deposits of Ocean Protocol via the Ethereum network starting October 20 at 03:00 UTC.

“After this time, any OCEAN deposits sent via ERC20 will not be credited to users’ accounts and may lead to asset loss,” Binance articulated.

BeInCrypto first reported on October 9 that the Ocean Protocol Foundation’s exit raised serious questions about the long-term alignment and trust among ASI’s founding members.

Diverging Visions and Community Backlash While Ocean did not cite specific reasons for its withdrawal, community discussions point to internal rifts and diverging visions over the future of AI tokenization and data ownership.

Sponsored

Ocean officially joined the ASI Alliance in March 2024, with around 81% of its total OCEAN supply swapped for FET by July. However, roughly 270 million OCEAN tokens, held by more than 37,000 wallets, remained unconverted.

This suggested significant resistance from community members who preferred to retain the original token and governance model.

This resistance may have influenced Ocean’s decision to withdraw, as the foundation refocuses on its decentralized data infrastructure mission, rather than merging into the broader AGI-driven economy championed by Fetch.ai and SingularityNET.

Critics within the ASI community have accused Ocean of exploiting the alliance for visibility while contributing little to the unified ecosystem. Others described the move as a “Trojan horse” act that disrupted months of cooperative development.

Sponsored

In my opinion, the Ocean protocol is like a Trojan horse agent that has infiltrated the ASI_Alliance.
We will not forget the damage you have caused to this major project. History shows that traitors meet their end! pic.twitter.com/HHZlwbY2xI

— Black__1 (@Black146901146) October 9, 2025
Since the split, OCEAN’s price has plunged from a March 2024 peak above $1.00 to roughly $0.2625, while the foundation announced plans to buy back and burn OCEAN tokens using project profits. This measure is aimed at supporting long-term value.

Ocean Protocol (OCEAN) Price Performance. Source: CoinGeckoThe network also called upon exchanges to consider relisting OCEAN afresh.

“Any exchange that has de-listed $OCEAN may assess whether they would like to re-list the $OCEAN token. Acquirors can currently exchange for $OCEAN on Coinbase, Kraken, UpBit, Binance US, Uniswap and SushiSwap,” the protocol stated.

Meanwhile, Sheikh’s planned class action could mark a new chapter in legal and reputational uncertainty for the decentralized AI sector. It also discusses how alliances and token mergers should be governed.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Thu, 16/10/2025 - 12:02

Shiba Inu sellers are losing steam, with more than 200 billion being actively removed from exchanges

Cover image via www.freepik.com

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.

Shiba Inu on-chain data has shown an unexpected change: approximately 263 billion SHIB have been removed from exchanges in the past day, indicating a sharp reversal in investor sentiment after weeks of intense sell pressure. Since traders seem to be putting money back into cold storage, which is usually an indication of waning short-term sell interest, the move represents a significant shift in sentiment.

Exchanges losing SHIBThe exchange netflow has decreased by -292 billion SHIB, while the exchange reserve has decreased by 0.35%, leaving approximately 82.66 trillion SHIB on centralized platforms, according to the most recent CryptoQuant and on-chain data. At the same time, the number of active addresses increased by almost 1%, indicating that holders are once again interested in and active on the chain.

SHIB/USDT Chart by TradingViewTiming is especially crucial. The price of SHIB experienced a sharp decline recently, plunging below the crucial $0.0000115 support and hitting lows close to $0.0000095 before modestly rising to between $0.0000104 and $0.0000105. These significant withdrawals occurred at the same time as the rebound, suggesting that whales or long-term investors may be starting to accumulate at lower levels once more.

HOT Stories

SHIB still trappedTechnically, the chart continues to display SHIB trapped inside a descending wedge structure, with the 200-day EMA hovering above as a ceiling and resistance stacking close to $0.0000122-$0.0000133. Until the asset recovers these critical levels, the overall downward trend will continue. In the short term, though, the increase in outflows might prevent more downward pressure.

Looking at sentiment, this might be an early accumulation signal after billions of tokens were thrown onto exchanges in a panic earlier in October. After a protracted correction, the move back toward self-custody indicates that investors are now setting themselves up for stabilization or a possible recovery.

However, optimism must be measured. Compared to the early October sell-off, volume is lower, and the RSI is still in the neutral-to-oversold range, suggesting consolidation rather than a confirmed reversal.

To put it briefly, the departure of 263 billion SHIB from exchanges might be the first tangible indication of a supply reduction since the sell-off started. If maintained, it might give SHIB a platform to regain its momentum, but the crucial test before any bullish narrative can take root is still regaining the $0.0000115 zone.

Related articles