Finex logo
Finex Intelligence

Market Signal Briefing

Real-time pulse of financial headlines curated from 2 premium feeds.

Last news saved at Mar 12, 18:39 18s ago Cron last ran Mar 12, 18:39 38s ago 2 sources live
Switch language
82,844 Stories ingested Auto-fetched market intel nonstop.
414 Distinct tickers Symbols referenced across the feed
stockne... Trending sources stocknewsapi • cryptonews
Hot tickers
BTC XRP ETH SOL BNO DBO
Surfacing from current coverage
Details Saved Published Title Source Tickers
2025-10-15 15:31 4mo ago
2025-10-15 11:29 4mo ago
FTNT Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Fortinet, Inc. (FTNT) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit stocknewsapi
FTNT
, /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Fortinet, Inc. ("Fortinet") (NASDAQ: FTNT) on behalf of those who purchased or otherwise acquired Fortinet common stock between November 8, 2024, and August 6, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is November 21, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
If you suffered Fortinet losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/fortinet-inc?utm_source=PR_Newswire&mktm=PR   

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

DEFENDANTS' ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Fortinet knew that the company's refresh cycle would never be as lucrative as they represented because it consisted of old products that were a "small percentage" of Fortinet's business; (2) Fortinet misrepresented and concealed that the company did not have a clear picture of the true number of FortiGate firewalls that could be upgraded; (3) while telling investors that the refresh would gain momentum over the course of two years, Fortinet misrepresented and concealed that the company had aggressively pushed through roughly half of the refresh in a period of just a few months, by the end of second quarter 2025; and (4) as a result of the foregoing, Defendants' statements about the company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Please CLICK HERE to view our video or copy and paste this link into your browser: https://youtu.be/2-aYECTS09c

THE LEAD PLAINTIFF PROCESS:
Fortinet investors may, no later than November 21, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.

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

CLICK HERE  TO SIGN UP FOR THE CASE  OR GO TO:  https://www.ktmc.com/new-cases/fortinet-inc?utm_source=PR_Newswire&mktm=PR    

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

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

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

SOURCE Kessler Topaz Meltzer & Check, LLP

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

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In
2025-10-15 15:31 4mo ago
2025-10-15 11:29 4mo ago
Jeff Bezos' ex MacKenzie Scott slashes Amazon stake by $12.6B: report stocknewsapi
AMZN
Jeff Bezos’ ex-wife MacKenzie Scott has reportedly slashed her stake in Amazon by about 42%, or $12.6 billion, over the past year.

Scott now holds 81.1 million shares of the e-commerce giant, down 58 million from this time last year, according to a regulatory filing dated Sept. 30 that was viewed by Bloomberg.

The 55-year-old philanthropist has donated more than $19 billion since her 2019 divorce from the Amazon founder.

MacKenzie Scott has slashed her stake in Amazon by about 42%, or $12.6 billion, over the past year. Evan Agostini/Invision/AP
She has vowed to give most of her fortune away.

Scott has gained a reputation for giving billions to small nonprofits with no conditions on the recipients and minimal reporting requirements — a stark contrast to her billionaire peers who often make high-profile donations to larger charities — Bloomberg noted.

Last year, she donated $2 billion to 199 organizations, her Yield Giving website stated.

Bezos, meanwhile, now owns 9% of the company he founded in 1994 after selling off more than 100 million shares over the past year, according to a Tuesday securities filing.

As of Wednesday, he had a net worth of $230.2 billion and Scott was worth about $32.5 billion, according to Forbes.

Scott walked away with about 4% of Amazon after her divorce from Bezos.

Jeff Bezos now owns less than 10% of the company, according to a Tuesday securities filing. Getty Images
They’d been married for about 25 years. 

She has grown richer since the split, with the stock soaring about 150% in the interim.

Bezos still maintains final approval over any changes to her holdings, and the pair are required to disclose their sales annually.

In the apparent absence of a prenup for the marriage, Scott could have pushed for more of their shared 16% stake in Amazon.

Experts speculated she didn’t fight for a larger portion because that could have worried investors and reduced the value of the company’s shares.
2025-10-15 14:31 4mo ago
2025-10-15 09:14 4mo ago
LuBian-linked wallet moves $1.3B in BTC a day after DOJ reveals $15B forfeiture case cryptonews
BTC
A wallet linked to the Chinese Bitcoin mining operation LuBian transferred almost $1.3 billion in Bitcoin a day after the United States Department of Justice (DOJ) moved to seize $15 billion in Bitcoin allegedly stolen from the mining pool in 2020. 

On Wednesday, blockchain analytics firm Lookonchain flagged the movement, noting that a wallet linked to LuBian transferred 9,757 Bitcoin (BTC), worth about $1.1 billion at the time, to new wallets after a three-year period of dormancy. 

According to Arkham Intelligence, the wallet later transferred another 2,129 BTC, worth about $238 million, on Wednesday, hours after the first transfer. This totaled 11,886 Bitcoin, worth about $1.3 billion at current market prices. 

An investigation by Arkham on Aug. 3 claimed that in 2020, LuBian was hacked for 127,426 BTC, worth about $3.5 billion at the time. Arkham said the platform moved 11,886 BTC to recovery wallets, an amount that matches the recently moved LuBian-linked Bitcoin. 

LuBian-linked wallet transfers $1.3 billion in Bitcoin. Source: Arkham Intelligence DOJ revealed $15 billion Bitcoin seizure case against a LuBian-linked companyThe latest wallet activity occurred less than a day after the DOJ unsealed an indictment involving Prince Holding Group, a Cambodia-based company accused of orchestrating large-scale crypto fraud schemes. 

On Tuesday, US prosecutors filed a forfeiture complaint for the roughly $14.4 billion tied to the alleged scam network led by Chen Zhi, the group’s founder.

The DOJ said the Bitcoin in question is already in custody and will be subject to forfeiture following Zhi’s potential conviction on wire fraud and money laundering conspiracy charges. 

According to the DOJ, Zhi and his co-conspirators laundered the illicit proceeds of their operations to fund large-scale crypto mining operations.

This included a Laos-based company called Warp Data, its Texas-based subsidiary and the China-based LuBian, which emerged as the sixth-largest Bitcoin mining pool in 2020.

The DOJ said these companies “produced large sums of clean Bitcoin dissociated from criminal proceeds.”

Bitcoin seizure could place funds in US reservesIf the court approves the forfeiture, the recovered Bitcoin could become one of the largest additions to the US government’s digital asset holdings to date.

In March, President Donald Trump signed an executive order establishing a strategic Bitcoin reserve. 

At the time, White House AI and crypto czar David Sacks said the reserve would be capitalized with Bitcoin owned by the federal government that was “forfeited as part of criminal or civil asset forfeiture proceedings.” 

Magazine: Bitcoin may move ‘very quick’ to $150K, altseason doubts: Hodler’s Digest
2025-10-15 14:31 4mo ago
2025-10-15 09:16 4mo ago
Will Bitcoin price crash below $100k? Top factors to watch cryptonews
BTC
Bitcoin price is trading near $111,500. Losing this region could trigger a deeper correction below $100,000 toward the $97,700 range low.

Summary

Bitcoin trades within a $126K–$97.7K high-timeframe range.
$111.5K acts as the key pivot for short-term direction.
Losing this level could drive a correction below $100K before recovery.

Bitcoin’s (BTC) price is entering a critical juncture as it trades within a broad high time frame range following its all-time high near $126,000. The market’s current structure suggests potential for further corrective movement before a stronger bullish continuation can form.

With potential macroeconomic tightening, ETF dynamics, and institutional positioning all influencing sentiment, the $100,000 threshold could soon become a major battleground for traders and investors alike.

Range Structure: Bitcoin’s high-timeframe range extends from the $126K all-time high to the $97.7K range low, with mid-range support near $111.5K.
Key Support Zone: A confirmed breakdown below the $111.5K region could trigger a rotation toward the $97.7K range low for a deeper bullish retest.
Macro and ETF Dynamics: Institutional profit-taking, reduced ETF inflows, or potential macroeconomic tightening could accelerate short-term downside pressure.

BTCUSD (1D) Chart, Source: TradingView
After rallying to a record high around $126,000, Bitcoin’s momentum has cooled, and the price action has entered a wide consolidation zone. The range low sits at $97,700, a level that has yet to be revisited since the impulsive breakout confirmed the previous bull leg. The range midpoint, positioned around $111,500, is now acting as a critical pivot for directional bias.

Currently, candle closures remain above the mid-range, indicating temporary resilience. However, if Bitcoin begins closing decisively below this level, it could validate a deeper corrective leg toward $97,700.

Such a move would not necessarily invalidate the broader bullish structure but would serve as a more complete retest of the range base before a new accumulation phase develops.

ETF Inflows and Macroeconomic tightening 
On the fundamental side, ETF inflows remain a key driver of demand. The previous leg higher was strongly supported by persistent institutional inflows into spot Bitcoin ETFs. Should these inflows stall or reverse due to profit-taking, regulatory uncertainty, or global macro risk aversion, a temporary liquidity vacuum could amplify downside moves.

Institutional selling in leveraged markets has historically triggered cascading liquidations, a dynamic that can lead to rapid corrections before equilibrium is restored.

Adding to the uncertainty is the potential macroeconomic tightening scenario. If the Federal Reserve or other central banks maintain hawkish stances or continue restricting liquidity, appetite for risk assets like Bitcoin could wane. Conversely, a dovish pivot or easing cycle could reignite demand and drive renewed accumulation from institutional investors.

What to expect in the coming price action
In the near term, Bitcoin’s ability to defend the $111,500 region will be pivotal. A decisive loss of this level could trigger a sweep of liquidity below $100,000 toward $97,700, fulfilling a technical retest before the next major expansion.

If buyers manage to maintain control above the mid-range, Bitcoin could stabilize and prepare for another leg higher toward the $120,000–$126,000 region.
2025-10-15 14:31 4mo ago
2025-10-15 09:19 4mo ago
CoinDesk 20 Performance Update: Internet Computer (ICP) Drops 3.5% as Index Declines cryptonews
ICP
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
2025-10-15 14:31 4mo ago
2025-10-15 09:23 4mo ago
Volatility Shares Files for 5x Leveraged Bitcoin, Ether, and XRP ETFs cryptonews
BTC ETH XRP
If approved, these would become some of the most extreme crypto-linked instruments available to U.S. investors.Updated Oct 15, 2025, 1:37 p.m. Published Oct 15, 2025, 1:23 p.m.

Volatility Shares, one of the most aggressive ETF issuers in the crypto space, has filed with U.S. regulators to launch a suite of 5x leveraged exchange-traded funds tracking bitcoin BTC$111,439.21, ether ETH$4,098.59, and XRP.

The proposed products would amplify daily price moves by five times, meaning it can turn a 2% move in the underlying asset into a 10% swing in the ETF. That also means a 2% drop in BTC or ETH would wipe out 10% of an investor’s exposure in a single day.

The firm’s filing with the U.S. Securities and Exchange Commission (SEC) also includes 5× funds for Solana SOL$203.89 and several high-volatility equities, such as Coinbase (COIN), MicroStrategy (MSTR), Tesla (TSLA) and Alphabet (GOOGL).

In total, the batch lists 27 products across 3x and 5x leverage tiers, with an effective date of December 29, 2025. If approved, these would become some of the most extreme crypto-linked instruments available to U.S. investors.

“They haven’t even approved 3x yet, and Vol Shares is like, ‘let’s try 5x,’” noted Eric Balchunas, ETF analyst at Bloomberg, referring to pending 3x XRP proposals from GraniteShares.

VolShares filed for 5x single stock and crypto ETFs incl COIN, CRCL, GOOG, MSTR, NVDA, PLTR, TSLA, Bitcoin, Ether, Solana, XRP... They haven't even approved 3x and VolShares is like let's try 5x. Maybe an option on long term govt shutdown (if no govt in 75 days they can… https://t.co/rVaYDcn9H0

— Eric Balchunas (@EricBalchunas) October 14, 2025 Leverage that resets daily carries unique risks. Compounding and volatility decay mean that even if bitcoin finishes the week higher, a 5x ETF could underperform due to daily rebalancing.

Each evening, the fund rebalances to maintain its leverage ratio, buying after up days and selling after down days. Over time, those daily resets compound — and not in a trader’s favor when prices whipsaw. If bitcoin swings both ways through the week, the ETF’s constant rebalancing can chip away at performance even if BTC finishes higher.

In thin markets, especially around high-volatility assets like XRP, these dynamics can exaggerate price swings and trigger unintended losses.

The filing of the proposed shares come as market participants continue to recover from last week’s $19 billion liquidations across crypto futures in the industry’s largest such hit to date.

More For You

Crypto Trading Volumes Fall 17.5% in September Despite Record Open Interest

Combined spot and derivatives volumes fell 17.5% in September, continuing a four-year seasonal trend

需要了解的:

Trading activity falls 17.5% in September slowdown: Combined spot and derivatives volumes dropped to $8.12 trillion, marking the first decline after three months of growth. September has now seen reduced trading volume for the fourth consecutive year.Open interest reaches record high despite derivatives market share decline: Total open interest surged 3.2% to $204 billion and peaked at an all-time high of $230 billion during the month.Altcoins on CME outperform as Bitcoin and Ether futures decline: While CME's total derivatives volume stayed flat at $287 billion (-0.08%), SOL futures jumped 57.1% to $13.5 billion and XRP futures rose 7.19% to $7.84 billion. BTC and ETH futures fell 4.05% and 17.9% respectively.View Full Report

More For You

Benchmark Hikes CompoSecure Price Target to $24 on Arculus Crypto Upgrade

The broker sees CMPO shares gaining from operational momentum and Arculus’s new trading features, with M&A potential still offering upside.

What to know:

Benchmark analyst Mark Palmer raised his price target on buy-rated CompoSecure to $24 from $17, citing strong execution and a 61% year-to-date stock rally.Arculus's integration with N. Exchange and a smart order router positions CompoSecure's cold storage wallet unit as a trading-enabled crypto solution for enterprise users.M&A optionality and rising crypto adoption could drive further upside, with CMPO's FY26 revenue now projected at $502.9 million and EBITDA at $174.8 million, Palmer said.Read full story
2025-10-15 14:31 4mo ago
2025-10-15 09:24 4mo ago
Biggest Bitcoin Skeptic Schiff Shares Bullish $6,000 Gold Price Prediction cryptonews
BTC
Wed, 15/10/2025 - 13:24

Peter Schiff predicts $6,000 gold by Christmas as metal outshines Bitcoin and S&P 500

Cover image via U.Today

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.

Peter Schiff, the loudest voice against Bitcoin (BTC) since the early days, is suddenly sounding like a man watching his own dream play out as gold rips through levels nobody thought would come this fast. 

In just one week, the metal went from $4,000 to $4,200, and Schiff is now openly calling for $5,000 by Thanksgiving and $6,000 by Christmas, with silver tagging along north of $75. He dresses it up by telling people to buy one-ounce rounds as stocking stuffers, but the message is not about gifts — it is about what the markets are really saying.

I'm just pointing out how fast gold is rising. Most likely there will be some correctoins along the way. But $5K by year end is very likely.

HOT Stories

— Peter Schiff (@PeterSchiff) October 15, 2025 Gold futures above $4,200 is not just a chart milestone; it is a 60% gain in 2025, and it makes gold and silver four times stronger than the S&P 500, and that is during one of the S&P’s best bull runs ever. When the safe havens outperform risky assets in the middle of a bull market on those same risky assets, it is not about hedging, but the floor giving way under fiat currencies.

Why is gold rallying?The drivers are not hard to list: deficit spending exploding, central banks cutting into stagflation and a record wave of AI capital expenditure that has already turned into an arms race between the U.S. and China.

Schiff has always trashed Bitcoin, calling it a bubble and a distraction, but his $6,000 gold target lands right as Bitcoin is fighting to stay above $110,000, and the contrast is obvious — one asset born as a hedge against currency debasement is stalling under volatility, while the other, the so-called relic, is rallying harder than almost anything else on the markets.

Related articles
2025-10-15 14:31 4mo ago
2025-10-15 09:27 4mo ago
Brevis Unveils Pico Prism zkVM, Enabling Real-Time Ethereum Proofs cryptonews
ETH
In Brief

Pico Prism proves 99.6% of Ethereum blocks under 12s with 6.9s average latency.

Brevis outperforms SP1 Hypercube with 71% faster proving and 50% lower GPU costs.

Pico Prism achieves 96.8% sub-10s proving for 45M gas blocks using 64 RTX 5090 GPUs.

Brevis has introduced Pico Prism, a distributed zkVM system that achieves real-time proving for Ethereum L1 blocks. The system proved 99.6% of 45 million gas limit blocks under 12 seconds, with an average latency of 6.9 seconds.

Most proofs completed between 5 and 7 seconds, with 96.8% finalized under the 10-second threshold set by the Ethereum Foundation. This performance meets Ethereum’s real-time proving standard and marks a new benchmark for proving speed at scale.

Brevis Unveils Pico Prism zkVM, Enabling Real-Time Ethereum Proofs 3
Source : X

Brevis deployed Pico Prism using 64 RTX 5090 GPUs, highlighting the ability to meet performance targets with consumer-grade hardware. This breakthrough addresses Ethereum’s current proving bottleneck, where each validator must re-execute all transactions.

Real-time proving replaces redundant computation by allowing one prover to generate a proof that others can verify instantly. This dramatically improves scalability while reducing infrastructure requirements across the network.

Pico Prism Outperforms SP1 Hypercube with Faster Speed and Lower Cost
Brevis benchmarked Pico Prism against SP1 Hypercube on 36M gas blocks and achieved 98.9% under 10 seconds, compared to SP1’s 40.9%. Pico Prism proved blocks in 6.04 seconds on average, 71% faster than SP1’s 10.3 seconds.

Brevis Unveils Pico Prism zkVM, Enabling Real-Time Ethereum Proofs 4
Source: X

Pico Prism used fewer GPUs—64 RTX 5090s compared to SP1’s 160 RTX 4090s cutting hardware costs by 50% to $128,000. Combined, these improvements result in a 3.4× gain in performance efficiency when accounting for both speed and cost.

Brevis also demonstrated real-time proving for full 45M gas limit blocks, which SP1 had not achieved. The system maintained 96.8% sub-10-second proving coverage for those larger blocks, validating its scalability.

The upgrade to a multi-machine, multi-GPU architecture allowed extreme parallelisation across phases like emulation and recursion. Brevis confirmed that Pico Prism’s pipeline can scale linearly, offering consistent performance across distributed setups.

With open-source benchmarks and reproducible results, Pico Prism presents a major milestone for Ethereum scalability using transparent, cost-effective zkVM infrastructure.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
2025-10-15 14:31 4mo ago
2025-10-15 09:28 4mo ago
Solana Overtakes Ethereum in DEX Trading Volume Amid Liquidity Surge cryptonews
SOL
Solana (SOL) has overtaken Ethereum in decentralized exchange (DEX) trading volume, marking a significant milestone in the evolution of on-chain finance. Over the past 24 hours, Solana recorded $5.84 billion in DEX trading activity, surpassing Ethereum's $5.75 billion, according to DefiLlama data.
2025-10-15 14:31 4mo ago
2025-10-15 09:28 4mo ago
Stanford MBA Reveals Why Bitcoin Can Hit $10 Million cryptonews
BTC
A Stanford MBA and crypto analyst explained why Bitcoin still has room to grow. In July 2024, Michael Saylor presented a chart showing Bitcoin’s market value compared to the total global asset market. At that time, Bitcoin was around $65,000 per coin, with a network value of $1 trillion. This was just 0.1 percent of the $900 trillion global asset market.

Since then, Bitcoin’s market value has doubled to over $2 trillion. The global asset market has grown to about $1 quadrillion. Bitcoin now accounts for 0.2 percent of global wealth, showing that it remains a small portion of total assets.

Long-Term Growth and Expert ViewsIn a recent interview, Jesse Myers, Head of Bitcoin Strategy at the Smarter Web Company, explained that Bitcoin’s growth capacity is still significant. Using historical trends and market projections, he estimated that Bitcoin could grow at an average of 29 percent per year over the next 20 years. In today’s terms, a single coin could reach $10 million.

Myers said that Bitcoin’s fixed supply of 21 million coins adds to its scarcity and value. He explained that Bitcoin is still in the early stages of adoption and has not yet captured a large share of global wealth.

Factors Supporting GrowthGlobal assets continue to grow each year, while inflation reduces the value of cash and bonds. Bitcoin provides an alternative that does not rely on government-backed money. Its scarcity and security appeal to investors seeking to preserve wealth.

Historical trends show Bitcoin may grow quickly in the short term and slow over time while maintaining meaningful returns. As more institutional investors adopt Bitcoin, demand is likely to rise further.

ConclusionEven after recent gains, Bitcoin remains a small fraction of global wealth. Experts like Jesse Myers say that over time, Bitcoin could capture a larger share of global assets. Its fixed supply, growing adoption, and protection against inflation support the long-term case. Predictions of millions per coin are plausible for patient investors in the coming decades.

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

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

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-15 14:31 4mo ago
2025-10-15 09:30 4mo ago
House of Doge Hype Meets $130 Million Coin Dump — What Happens to the Price Next? cryptonews
DOGE
Dogecoin price rebounded 45% from the crash lows in anticipation of the House of Doge NASDAQ merger announcement.Whales and long-term holders sold nearly 640 million DOGE during the hype-led recovery, pushing forth the sell-the-news narrative.Dogecoin trades near $0.203, forming a bearish triangle that could signal a short-term correction to $0.181 if one support breaks. The much-hyped House of Doge announcement — a planned merger that could list Dogecoin’s corporate arm on NASDAQ in early 2026 — briefly reignited optimism across the DOGE community. The hype around it helped the Dogecoin price rebound almost 45% by October 13, recovering sharply from its “Black Friday” crash lows.

However, this recovery also became an exit window. Key holder groups offloaded portions of their holdings, signaling that optimism may have come more from hype than conviction. Over the past 24 hours, the price has mostly traded flat, prompting traders to zoom in on the 4-hour chart for early signs of Dogecoin’s next move.

Sponsored

Sponsored

Whales and Long-Term Holders Exit Through and After the ReboundFollowing the House of Doge buzz, on-chain data shows that major wallets and long-term investors both reduced their positions substantially.

Whale wallets — those holding between 100 million and 1 billion DOGE — lowered their balances from 28.83 billion DOGE on October 13 (day of merger announcement) to 28.47 billion DOGE two days later. That’s roughly 360 million DOGE sold, worth about $74 million at the current Dogecoin price.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Dogecoin Whales Dump: GlassnodeMeanwhile, the Holder Net Position Change, an indicator that tracks whether long-term investors are buying or selling, remained negative and worsened. Between October 9 and October 14, net selling grew from –48 million DOGE to –329 million DOGE, a clear sign that even committed holders moved out. While the crash sentiment had a role to play, things didn’t get much better even when the Black Friday jitters eased out.

Sponsored

Sponsored

Dogecoin Investors Keep Selling: GlassnodeNote: There’s one small positive: compared to October 12, when the figure sat near –366 million DOGE, the current value of –329 million DOGE suggests that some slow buying may be returning post the merger news.

In total, nearly 640 million DOGE, valued at around $130 million, exited whale and holder wallets during and after the 45% bounce. The pattern suggests that many took advantage of the temporary strength to cut exposure or lock in smaller losses.

Dogecoin Price Faces Key Test Near $0.20On the 4-hour chart (used to locate early trend shifts). The Dogecoin price continues to trade inside a descending triangle — a pattern that usually signals potential weakness if buyers fail to defend key levels. The upper resistance zone lies near $0.206, and a daily close above it would indicate short-term strength.

Dogecoin Price Analysis: TradingViewHowever, all’s not bullish with the chart. The Relative Strength Index (RSI) — which measures momentum and identifies overbought or oversold conditions — shows a hidden bearish divergence. Prices have made lower highs while RSI has made higher highs, suggesting fading buying power. This kind of divergence hints at a correction in the shorter time frame.

However, $0.194 remains a critical support line and a key base for the bearish triangle. A decisive break below this level could open the way to deeper corrections. That would open levels of $0.181 and even $0.149 for the Dogecoin price (acting as other lower bases for the descending triangle).

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-15 14:31 4mo ago
2025-10-15 09:30 4mo ago
Analyst Reveals What Needs To Happen For Ethereum Price To Hit $14,000 cryptonews
ETH
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

After the market crash that rocked the Ethereum price, sending it back down toward $3,400, there has been some recovery as the market has followed Bitcoin’s path once again. However, there is still a lot of struggle between the bulls and the bears when it comes to the direction that the Ethereum price could be headed next. To this effect, an analyst has pointed out some interesting formations on the Ethereum chart, and what could trigger a rally to $14,000.

Two Things Must Become Bullish For The Ethereum Price
Crypto analyst Without Worries outlined that there are two questions that Ethereum investors must ask in order to determine if the price has turned bullish or not. The first of these questions centers around the current trend, asking whether it is bearish or bullish.

The analyst explains that with the break of $1,600 and the Ethereum price moving higher back in April, the trend has turned more positive from here. Hence, as long as this is maintained, then the trend does indeed remain bullish, leading to the second and most important question.

This question centers on the Ethereum price action, and the problem here is that the altcoin continues to trade under resistance. This major resistance lies at the $4,400 level, with the digital asset having been rejected from this level multiple times in the past.

From this, the crypto analyst tells investors to keep an eye on the 2-week chart for confirmation. The Ethereum price would have to break out above $4,400 and then clear $4,500 with a decisive move. This means that sharp price wicks do not count. But if this resistance breakout is completed and support is confirmed, then the Ethereum price could continue to rise until $14,000.

Source: TradingView
There is also the fact that the Ethereum price is on the verge of completing another 2-month candle. The analyst points out that the price resistance for this trend is at $3,400, which is coincidentally the low for the liquidation event that occurred last Friday. Thus, it remains a decisive support point for the price.

On an important note, the analyst points out that if the Ethereum price is able to complete its 2-month candle above $4,400 by the end of October, then it also confirms that price action is positive and the price could continue to climb.

However, this means that in the event that the price fails to actually surmount $4,400 on both the 2-week and 2-month charts, then it could put the bears back in control of the price. A turn toward the negative could confirm that the decline could deepen. “Positive answers to questions one and two are a green light for a long entry. And more importantly, a cancellation of the bearish idea,” the analyst said.

ETH pushes above $4,100 | Source: ETHUSDT on TradingView.com
Featured image created with Dall.E, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts.
Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2025-10-15 14:31 4mo ago
2025-10-15 09:32 4mo ago
Why A Major Decline Seems Inevitable In Zcash Price? cryptonews
ZEC
While most digital assets struggled under the weight of President Trump’s 100% tariff threat on China, the Zcash price stood out as an exception. On the day broader markets plunged, ZEC price not only resisted the panic but soared to an all-time high of $298. This unexpected strength highlighted growing investor interest in Zcash crypto amid heightened global uncertainty.

However, after this remarkable move, the Zcash price today hovers around $263 down from its peak as traders took profits and volatility began to normalize. The pullback reflects a mix of profit-taking and declining speculative interest, signaling that the parabolic October rally may be losing steam.

Falling Open Interest Signals Waning MomentumRecent data from the derivatives market shows a steady decline in ZEC’s futures open interest, underscoring fading enthusiasm among leveraged traders. 

In simple terms, this means investors are closing positions rather than initiating new ones that could be an early and critical sign that bullish momentum could be running out of fuel.

This pattern often precedes a cooldown after a sharp rally. If the ZEC price chart breaks below the crucial $250 level again, it could indicate that genuine investors demand is failing to sustain the uptrend.

In such a scenario, the Zcash price forecast based on projections suggests it could drop toward $160, with an extended correction possibly reaching $125.

That said, such pullbacks can create opportunities for institutional accumulation, allowing the token to regain stability before the next major move. Currently, market odds appear balanced, with slightly more weight (around 50%+) leaning toward a cautious downside bias.

Technical Signals Hint at OverextensionAnother element signaling potential cooling is the widening of the Bollinger Bands on the daily ZEC price chart. When the gap between the upper and lower bands expands rapidly following a steep rise, it typically suggests elevated volatility and an overbought condition. This pattern increases the probability of a short-term correction as traders lock in profits.

Despite this, sentiment remains divided. Some traders interpret the setup as a temporary pause before another leg up, rather than a full reversal. 

$ZEC just tapped a major OB… breakout incoming?

Entry: $233 (Order Block)
Stop: $204
Targets: $273 / $298

Why it matters 👇
✅ Price reacting from key bullish Order Block
✅ Liquidity above at Buyside & Previous Week High
✅ Higher timeframe shows bullish continuation
✅ Smart… pic.twitter.com/2aQSgTy1fz

— Crypto Patel (@CryptoPatel) October 14, 2025 On the 4-hour chart, technical setups indicate that if buyers defend strong liquidity zones once more, Zcash crypto could revisit its $298 ATH and even surpass it. Smart money defending key price levels could fuel another push higher, keeping the broader Zcash price prediction tilted toward cautious optimism.

Zcash Price Outlook: Testing Support Before Next MoveThe Zcash price USD remains at a critical juncture. Sustaining above $250 would affirm continued bullish control and open the path to retesting $298. However, a decisive break below that level would confirm that the market is entering a corrective phase, possibly extending to the $160-$125 range before renewed buying strength emerges.

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

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

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-15 14:31 4mo ago
2025-10-15 09:37 4mo ago
CoinShares files XRP ETF for Nasdaq as $5 billion flows into XRP cryptonews
XRP
CoinShares has taken a decisive step toward bringing regulated XRP exposure to American investors, officially filing to list the CoinShares XRP ETF on Nasdaq under the ticker XRPL. 

The SEC filing, dated October 14, outlines a robust operational structure, with BitGo tapped as custodian, Valkyrie Funds LLC stepping in as seed capital investor, and CSC Delaware Trust Company serving as trustee. U.S. Bancorp Fund Services will act as administrator, U.S. Bank NA as cash custodian, and Paralel Distributors as the marketing agent. 

Notably, the trust will not participate in staking, meaning investors will gain exposure strictly to XRP’s spot price rather than any additional yield.

“Our mission is to make XRP accessible to institutional investors in the U.S., with a fully compliant, transparent, and secure framework,” a CoinShares spokesperson said, framing the move as a milestone for both the firm and the broader digital asset ecosystem.

SEC faces pending spot XRP ETF decisions
The timing is striking. The SEC faces a flurry of pending spot XRP ETF decisions, with Grayscale’s application up for judgment this week, followed closely by CoinShares, 21Shares, Bitwise, WisdomTree, and Canary Capital between October 18 and 25. Thus, the coming days could prove pivotal for XRP’s long-term positioning in U.S. markets.

Markets have already begun to react. XRP climbed 3.23% in the last 24 hours to trade at $2.49, lifting its market capitalization to $149.24 billion. This marked a sharp rebound from an intraday low of $144.37 billion, translating into nearly $5 billion in inflows, even as daily trading volumes contracted by more than 27% to $5.96 billion. 

XRP 1-day market cap. Source: CoinMarketCap
The rally stands in contrast to XRP’s broader downtrend, with the token still off 12.9% over seven days and 16.4% across the past month.

Part of the uptick can be traced to deepening institutional engagement. CME Group launched XRP options on October 15, with Wintermute and Galaxy executing the inaugural trades, signaling a new layer of liquidity and hedging demand for the asset. Ripple, meanwhile, has expanded its footprint in Africa through a partnership with Absa Bank, providing crypto custody solutions that may further bolster long-term adoption narratives.

Technically, XRP’s bounce came at a crucial juncture. Prices rebounded from the 38.2% Fibonacci retracement level at $2.52, a zone that many traders had earmarked as key support.
2025-10-15 14:31 4mo ago
2025-10-15 09:42 4mo ago
Bitcoin to $74K? Hyperliquid whale opens new 1,240 BTC short cryptonews
BTC HYPE
10 minutes ago

BTC’s technical setup suggests a potential price drop toward $74,000, as notable whales have stayed short. Is the top in for Bitcoin?

177

Key takeaways:

Bitcoin's rising wedge pattern suggests a potential drop to $74,000 if a key support level fails.

A new whale has placed $140 million in short bets on BTC.

Bitcoin’s (BTC) technical setup suggests a deeper correction to $74,000 is possible, as whales have increased their short exposure to BTC.

Bitcoin’s rising wedge targets a 34% price dropThe weekly chart shows the BTC/USD pair trading within a rising wedge, with the price testing support from the lower trendline of the pattern at $110,000. 

A weekly candlestick close below this level will clear that path for Bitcoin’s drop toward the wedge’s bearish target at $74,000, representing a 34% decline from the current price. This also coincides with its previous peak reached in March 2024. 

BTC/USD daily price chart. Source: Cointelegraph/TradingViewBitcoin’s bearish case is supported by a growing bullish divergence between its price and the relative strength index, as shown in the chart above.

Rising wedges are typically bearish reversal patterns, and BTC’s continued consolidation within the pattern’s trendlines suggests that “Bitcoin’s bull run is nearing its end,” according to analyst Captain Faibik.

 “Bitcoin is still inside the rising wedge and bulls are in control for now, but not for long,” the analyst said in an X post on Wednesday, adding:

“Momentum is fading, and once the wedge breaks, bears will take over with a sharp correction ahead.”Veteran trader Peter Brandt said Bitcoin could see a “major shakeout” before returning to its all-time highs above $126,000.

“I think the day of the 80% decline is over, but perhaps back to $50-60,000 and test the lower skin of the banana.”As Cointelegraph reported, several technical and onchain metrics suggest that the BTC/USD pair could drop to $74,000 in the worst-case scenario if the price failed to hold above the $110,000 support level. 

Bitcoin whale places $140 million BTC short betBitcoin bears doubled down on their BTC short exposures as calls for deeper price drawdown have grown louder. 

Data from Lookonchain shows that a Hyperliquid whale has placed a short position worth $140 million, at 5x leverage and a liquidation price of $137,700.

— Lookonchain (@lookonchain) October 15, 2025
This is not the only whale betting on Bitcoin’s downside. On Tuesday, another Bitcoin whale that shorted BTC last week added to a $500 million downside bet, with 10x leverage.

Meanwhile, onchain data showed that the ratio of unrealized profit and loss (NUPL) has shifted from “optimism” to “euphoria,” a trend that has preceded blow-off tops in the past.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
2025-10-15 14:31 4mo ago
2025-10-15 09:43 4mo ago
Trump's Trade Threats Against China Rocked Bitcoin: Why Matt Hougan Thinks It's Just a Blip cryptonews
BTC
After crypto's biggest liquidation event, Bitwise says no major cracks appeared.

The recent crypto market turbulence, seemingly triggered by a geopolitical shock, has once again tested investors’ nerves. But Bitwise CIO Matt Hougan believes it may ultimately reaffirm the strength of the ongoing bull market.

The exec recounted the chain of events that sent crypto prices spiraling late last week, only to watch them rebound almost as quickly – although, admittedly, not to the same extent.

Nothing Fundamental Changed
The sudden drop came after former US President Donald Trump threatened China with sweeping 100% tariffs on all imports in response to Beijing’s move to restrict exports of rare earth metals. With equity markets closed, traders sought a real-time reaction mechanism and turned to crypto.

Within minutes, Bitcoin plunged by as much as 15%, and altcoins, led by Solana, saw declines of up to 40%. Nearly $20 billion in leveraged positions were liquidated in the largest such event in crypto’s history, which ended up amplifying the sell-off through cascading liquidations. Despite this, most crypto assets partially recovered after the US administration softened its stance.

According to Hougan, the key question is whether the episode was a fleeting blip or a signal of more profound structural weakness. The exec found that nothing fundamental to crypto’s outlook changed, while citing the market’s underlying technology, security, and regulatory progress.

Hougan outlined three questions Bitwise uses to assess whether a market shock has lasting implications. These are whether any major institutions collapsed, how blockchain systems performed under stress, and whether investor panic reached systemic levels. None of those red flags appeared. No major firms or market makers failed, and most losses were confined to retail traders who had taken highly leveraged positions.

Technologically, decentralized platforms such as Uniswap, Aave, and Hyperliquid continued operating as usual without disruption. Centralized venues did experience some turbulence. Binance, for instance, refunded traders on a few separate occasions. But overall, the crypto markets held up as well or better than traditional ones might have in similar conditions.

You may also like:

Bitcoin Enters Speculative Mode: Here’s What It Means For Investors

Fed’s Dovish Stance Could Turbocharge Crypto Markets in Q4

Retail Fear Signals Buying Opportunity After Crypto Crash, Say Analysts

Professional players largely ignored the event, in what appears to be a vote of confidence in the asset class’s long-term trajectory. That steadiness, he argued, indicates how far crypto markets have matured from the days when similar volatility would spark panic. The broader picture also remains encouraging. Bitcoin has gained 21% so far in 2025, and Bitwise’s Large Cap Crypto Index is up 22%.

While short-term volatility may continue as liquidity providers and market makers temporarily step back, Hougan believes the market will soon stabilize.

“But over time, I expect the market will catch its breath and renew its attention on crypto’s fundamentals. When that happens, I think the bull market will continue apace.”

Bitcoin Still Far from Peak Euphoria
According to on-chain research by CryptoQuant, Bitcoin’s MVRV ratio is currently near 2.0. This level has historically represented mid-cycle conditions rather than extreme valuations. The ratio remains comfortably below the 4.0 range reached during prior bull market peaks, while still above the sub-1.0 levels seen in major accumulation periods. As such, long-term holders are refraining from heavy selling, and institutional ETF inflows continue to provide support.

Miner activity has also softened, which points to reduced supply pressure. These trends indicate that Bitcoin is consolidating within a constructive, mid-phase market environment rather than approaching an overheated or cyclical peak.
2025-10-15 14:31 4mo ago
2025-10-15 09:43 4mo ago
Gold Smashes Through $4,200 As Bitcoin Stuck At $112,000: What's Driving The Underperformance? cryptonews
BTC
Gold as measured by the SPDR Gold Trust (NYSE:GLD) smashed through $4,200 per ounce on Wednesday after Fed Chair Jerome Powell hinted at fresh rate cuts, while Bitcoin (CRYPTO: BTC) continues to languish around $112,000.

Gold Extends Historic Rally On Policy And GeopoliticsGold has gained more than 25% since mid-August, aiming for its ninth straight weekly green close.

Fed Chair Powell told the National Association for Business Economics on Tuesday that slowing U.S. hiring poses an increasing threat to growth, a remark traders interpreted as support for two more cuts this year.

Falling real yields and geopolitical strains have amplified the move. 

President Donald Trump accused China of "economically hostile" behavior after it halted soybean imports and warned of possible retaliation, including a cooking-oil embargo. 

Beijing responded with new sanctions against five U.S. units of South Korea's Hanwha Ocean.

The prolonged U.S. government shutdown has added to the uncertainty, fueling further demand for safe-haven assets.

Gold Price Analysis (Source: TradingView)

Technically, gold trades well above its 20-day EMA at $3,916, with the RSI near 83, indicating overbought conditions but strong momentum. 

Pullbacks toward $3,950–$4,000 are likely to draw buyers, with the next resistance at $4,300–$4,350.

Bitcoin Struggles As Whales Accumulate

BTC Technical Analysis (Source: TradingView)

Bitcoin meanwhile has fallen back below its short-term moving averages after rejecting resistance near $124,000. 

The token remains inside a broad rising channel, with $111,000–$112,000 serving as key support and the 200-day EMA near $108,100 acting as the final floor for the bullish structure.

The Supertrend indicator has turned bearish, reflecting fragile sentiment. 

BTC Netflows (Source: Coinglass)

On-chain data from Coinglass shows over $800 million in BTC outflows across the past three sessions, a sign of ongoing distribution. 

Large holders, however, appear to be quietly accumulating during the dip.

Trade-war headlines added pressure. After Trump's initial conciliatory tone briefly lifted sentiment, new port fees imposed by both Washington and Beijing on shipping firms triggered renewed selling in Bitcoin and Ethereum (CRYPTO: ETH).

Why It MattersGold breaking $4,200 is not just a chart milestone, it is a signal that investors are treating it as the ultimate hedge against a weakening policy backdrop. 

At the same time, Bitcoin holding the $111,000 zone shows that even in an environment of fear and liquidity stress, crypto remains in the conversation as an alternative store of value. 

When the world's two most polarizing assets react differently to the same macro shocks, it highlights a deeper shift: markets are no longer asking whether digital assets belong in portfolios, but how they stack up against gold in times of crisis.

For investors, $111,000 is the key near-term support for Bitcoin. A rebound from that zone could retest $116,000–$118,000, while failure risks a slide toward $108,000.

Gold's structure stays firmly bullish as long as prices hold above $3,950, keeping the path open to new records.

Read Next:

Sam Bankman-Fried Says ‘Biden’s Anti-Crypto SEC Came After Me’ — But Did It Really?
Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2025-10-15 14:31 4mo ago
2025-10-15 09:48 4mo ago
XRP Army Alert: Ripple's Wedge Pattern Hints at a Major Move Ahead cryptonews
XRP
XRP trades near $2.53 as analysts track a wedge pattern with breakout potential. Whale activity, support zones, and partnerships in focus.

XRP is trading in a tight range after a recent pullback, while traders wait to see which direction the next breakout may take.

At the time of writing, the token is priced at $2.53, up 2% in the past 24 hours, though still down 12% over the past week, based on CoinGecko data.

Pattern Suggests Two Possible Scenarios
Crypto analyst EGRAG CRYPTO pointed to a descending broadening wedge on the chart. Based on this structure, there is a 57% chance of a break to the upside and a 43% chance of a move lower.

Source: EGRAG CRYPTO/X
If the lower outcome plays out, EGRAG mentioned a possible retest of the $0.50 area, based on measured move projections. On the other side, a successful breakout to the upside could take the price toward the $9 region.

They also referenced earlier trades where some sold around $2.70 to $2.80, and XRP is now sitting near $2.50 to $2.60. EGRAG noted,

“If you want to sell now, go ahead, no hard feelings… Just don’t come back to me later saying you wish you had sold.”

Long-Term Structure Still Holds
Analyst ChartingGuy shared a monthly chart showing that XRP is still trading above the $1.61 support. This level lines up with the 0.786 Fibonacci retracement and a former resistance zone from 2021. While Ripple’s token recently failed to hold above $3.31, the 0.886 Fibonacci level, it continues to print higher lows.

Notably, the same chart shows potential future levels near $3.31, $8, $13, and $27, based on standard Fibonacci extensions. These levels may act as price targets if XRP holds its current structure. Referring to the larger time frame view, ChartingGuy said,

You may also like:

XRP Price Plunged 20% Amid Significant Whale Inflows to Binance

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

Altcoin Bloodbath: ETH, XRP, SOL, DOGE Crumble as Liquidations Near $900M

$XRP is NOT bearish in the slightest pic.twitter.com/ZZ3ILgSfaG

— Charting Guy (@ChartingGuy) October 14, 2025

Whale Activity Linked to October Drop
As reported by CryptoPotato, large wallets began moving XRP to Binance in the first half of October. This followed a quiet period in September. The timing of these transfers matched a 20% drop in price, adding pressure during the decline.

Meanwhile, open interest across XRP futures fell sharply from $9 billion to around $4.17 billion. This move came as broader crypto markets saw forced selling and deleveraging across several major tokens.

Partnership Announcement Supports Sentiment
Ripple confirmed a new partnership with Immunefi, launching a security testing program for the XRP Ledger. The test includes a $200,000 bug bounty, set to run from October 27 to November 24.

This announcement came as XRP slid through key levels, offering a short-term lift in sentiment. Traders are now watching price levels closely as the wedge pattern nears a potential breakout point.
2025-10-15 14:31 4mo ago
2025-10-15 09:48 4mo ago
Zeta Network secures $231m Bitcoin-backed investment to expand treasury cryptonews
BTC
Zeta Network is using Bitcoin as the foundation for a major expansion of its treasury. The company said it leveraged SolvBTC to secure a $231 million investment dedicated to scaling its financial resources.

Summary

Zeta Network secured a $231 million Bitcoin-backed investment through a private placement using SolvBTC, a yield-generating wrapped Bitcoin token.
The deal involves Class A shares and one-for-one warrants sold at $1.70 per unit, with each warrant exercisable at $2.55.
The company said the move strengthens its balance sheet and underscores its long-term confidence in Bitcoin’s fundamentals.

According to a press release dated Oct. 15, Zeta Network Group has entered into a securities purchase agreement for a private investment in public equity totaling approximately $230.8 million.

Per the deal’s structure, the proceeds will be paid to Zeta not in U.S. dollars but in either Bitcoin (BTC) or SolvBTC, a Bitcoin-backed yield-generating token. This capital infusion, expected to close on Oct. 16, will be used to acquire company shares and warrants, directly expanding Zeta’s treasury with a digital asset designed for institutional use, the company said.

Bitcoin-backed structure reinforces Zeta’s treasury strategy
Under the terms of the private placement, Zeta Network is issuing Class A ordinary shares and one-for-one warrants, each exercisable at $2.55 per share. The securities are being sold together at a combined price of $1.70 per unit, creating a structured financing mechanism that gives investors both equity exposure and an option on Zeta’s long-term valuation.

Zeta Network framed this move as a disciplined, counter-cyclical strategy that strengthens its conviction in Bitcoin’s long-term fundamentals. By accepting a Bitcoin-backed instrument as payment, the company is aligning its treasury with the digital asset’s perceived value and scarcity, even amid recent market volatility.

“By integrating SolvBTC into our treasury, we’re enhancing financial resilience with an instrument that combines Bitcoin’s scarcity with sustainable yield. It’s a measured, institutional approach to growth,” Patrick Ngan, Chief Investment Officer at Zeta Network Group, said.

According to the company, SolvBTC represents a new class of Bitcoin-based financial instrument aimed at bridging the gap between corporate treasury management and on-chain infrastructure.

Each SolvBTC token is fully collateralized 1:1 with Bitcoin, which is held under regulated custody. Its reserves are verified on-chain, offering a structure designed for institutional treasury applications where transparency and compliance are paramount. This provides a mechanism for companies to gain Bitcoin exposure while potentially earning yield, moving beyond passive holding.

Meanwhile, Zeta Network is building a Bitcoin-centric institutional finance platform. The company said its operations are designed to integrate digital-asset treasury management, Bitcoin liquidity aggregation, and sustainable mining operations, all within the regulated framework provided by its Nasdaq listing.
2025-10-15 14:31 4mo ago
2025-10-15 09:51 4mo ago
Bitcoin Price Prediction: Billionaire Elon Musk Calls Bitcoin ‘Superior' to Money Issued by Government – $1 Million BTC Incoming? cryptonews
BTC
Energy over fiat? Elon Musk backs Bitcoin's real value, Bitcoin price prediction now targets a $1M breakout.
2025-10-15 14:31 4mo ago
2025-10-15 10:00 4mo ago
Tron bulls defend KEY support zone – Can TRX eye $0.40 next? cryptonews
TRX
Journalist

Posted: October 15, 2025

Key Takeaways 
Why is Tron’s network growth significant for TRX’s price outlook?
Tron’s expanding active addresses and strong DeFi utility reflect genuine adoption, reinforcing its long-term bullish structure.

How are derivatives traders positioning around the current TRX price levels?
With taker-buy dominance and a 1.53 long/short ratio, futures traders lean bullish, expecting a rebound above $0.33.

Since early 2020, Tron’s [TRX] ecosystem has witnessed rapid growth, with Active Addresses soaring from a few hundred thousand to nearly four million while TRX climbed from $0.004 to $0.38. 

This remarkable expansion highlights Tron’s resilience in a volatile market and reinforces its strong fundamentals. 

At the time of writing, TRX consolidated around $0.31 after a prolonged uptrend, yet on-chain activity remains robust. 

Despite short-term volatility, rising user participation and continued adoption in stablecoin and DeFi transfers suggest that the network’s bullish momentum remains intact heading toward 2026.

TRX price stabilizes as bulls defend a key support zone
TRX recently broke below its ascending trendline but found solid footing near the $0.31–$0.32 support range. 

The area coincides with previous accumulation levels where buyers historically regained control. 

This stabilization hints that selling pressure may be cooling. Furthermore, the Stochastic RSI was near 26, as of writing, reflecting oversold conditions and signaling the potential for a short-term bounce. 

If buyers reclaim $0.33, the 21-day Moving Average could act as a launchpad toward $0.37. However, a dip below $0.30 might expose TRX to brief corrective pressure before any recovery.

Source: TradingView

Buyers regain control as futures taker CVD turns dominant
On the derivatives front, the 90-day Futures Taker CVD shows Taker Buy dominance, meaning buy orders currently outweigh sell orders. 

This pattern indicates increasing accumulation among futures traders and a shift toward positive sentiment. 

Historically, similar readings have preceded rallies as leveraged traders align with spot market strength. 

The renewed buy-side activity implies that institutional and speculative investors are positioning for an upward reversal. 

However, if momentum weakens, this buying enthusiasm may fade quickly, signaling the need for TRX to maintain higher open interest consistency.

Binance traders favor long positions despite market caution
Data from Binance shows that long accounts represent 60.47% of total positions, with short accounts making up 39.53%, at press time. 

The resulting 1.53 long-to-short ratio underscores a clear bullish bias. This optimism, combined with strong taker-buy readings, suggests traders expect a recovery from current support. 

However, sentiment remains fragile given recent volatility, and any decline in long exposure could pressure TRX’s near-term price action. 

Nonetheless, the alignment of spot accumulation and derivatives confidence reinforces that the market still anticipates higher valuations in the coming sessions.

Can TRX reignite its rally toward $0.40?
Tron’s steady growth in active addresses and strong on-chain activity suggests a solid foundation for long-term value appreciation.

If TRX holds above the key $0.31 support level and positive sentiment in the derivatives market continues, a rebound toward the $0.37–$0.40 range looks achievable.

However, if TRX breaks below this support, the correction could deepen before bullish momentum returns. Still, with Futures traders showing optimism and fundamentals improving, Tron’s recovery prospects remain strong as we head into 2026.
2025-10-15 14:31 4mo ago
2025-10-15 10:00 4mo ago
$26 XRP Price Target Remains Technically Valid, Says Expert cryptonews
XRP
The XRP monthly chart remains structurally constructive despite last week’s sharp pullback, according to independent technician Charting Guy (@ChartingGuy), who argues the asset is “NOT bearish in the slightest.” His latest one-month XRP/USD chart on Bitstamp, captured Oct. 14, shows price defending a major Fibonacci support cluster while repeatedly probing resistance at the prior all-time high.

XRP Bull Run To $26 Still Possible?
On the current monthly candle, XRP is trading at $2.4477 with 17 days and 10 hours left in the period after printing an open at $2.8467, high at $3.1037, and low at $1.5800, down 14.0% month-to-date. The rejection zone is precise: a horizontal line marks the 1.000 Fibonacci retracement at $3.3170, which aligns with the 2018 cycle peak and has capped the last several tops in 2025. Just below, the chart includes a 0.888 retracement band (approximately $2.96) that has acted as near-term resistance during this three-month range between roughly $2.10–$3.30.

XRP price analysis | Source: X @ChartingGuy
Under price, confluence is building at the former breakout shelf from the 2021 surge. A lime-green box highlights the $1.60–$1.80 area, overlapping directly with the 0.786 retracement at $1.6125 and the top of the 2021 congestion. This band caught last week’s deep wick to $1.58 and, in prior months, has served as a staging area for rebounds. The next staircase of support below is marked by the 0.702 at $1.2149, the 0.618 at $0.9153, and the 0.500 at $0.6149, delineating a clear hierarchy should the market see further volatility.

The bullish extension framework in Charting Guy’s layout is unambiguous. Above the all-time high at $3.3170, the chart plots successive Fibonacci expansion targets at 1.272 = $8.2961, 1.414 = $13.3894, and 1.618 = $26.6304. Those levels map a classic measured-move pathway for a trend continuation once price achieves a decisive, high-timeframe close through the prior peak. In other words, the cycle roadmap remains intact so long as the monthly structure continues to hold above the 0.786 stack and eventually flips the ATH into support.

Market Structure Remains Supportive
The analyst couples that chart with a broader market read. “So many [are] caught up in day-to-day price action,” he posted on X, adding that TOTAL2, TOTAL3, and top altcoins (ETH, XRP, SOL) each “have ONE more key fib to get over… their prior ATH. Once that happens with strength, altseason really gets going. BTC.D tanks & shitcoins finally catch a bid.” In his XRP view, that “one more key fib” is the $3.3170 threshold.

Technically, the setup is binary and well-defined on the monthly timeframe: continued defense of $1.60–$1.80 keeps the uptrend’s higher-low structure intact, while a sustained break and close above $3.3170 would confirm the next leg toward the extension grid at $8.30, $13.39, and—at the cycle’s ambitious outer bound—the 1.618 marker near $26.63. For now, XRP remains range-bound beneath ATH but supported by the same zone that powered its last breakout, exactly as Charting Guy’s chart depicts.

At press time, XRP traded at $2.4655.

XRP drops below the 0.5 Fib again, 1-day chart | Source: XRPUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
2025-10-15 14:31 4mo ago
2025-10-15 10:04 4mo ago
DeepSeek Predicts SOL to Break $500 Amid Bull Run, Upgrade & ETF Hype – Snorter Token Rides the Wave cryptonews
SOL
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Quick Facts:

1️⃣ Chinese AI chatbot DeepSeek predicts $SOL could exceed $500 this year, citing the possibility of a bull run, network upgrades, and likely ETF approval.

2️⃣ Analysts point to strong market momentum, upcoming scalability upgrades, and a 99% ETF approval probability – each of which make $SOL look primed for a major rally.

3️⃣ If all goes according to plan, crypto projects building on Solana, such as Snorter Token, could be perfectly positioned for a major boost.

DeepSeek is betting big on Solana’s future trajectory, citing it could exceed $500 this year – nearly a 150% gain compared to its current $203 price tag.

The Chinese AI tool believes the #3 largest crypto could break this level following ‘a massive crypto bull run, successful upgrades, and the potential greenlight of Solana ETFs.’

If $SOL rallies as anticipated, it spells excellent news for crypto projects building on the Solana network, like Snorter Token ($SNORT).

Is Another Crypto Bull Run Incoming?
DeepSeek analyzes the World Wide Web in real time, and thus its findings carry serious weight.

A crypto bull run would, of course, set the stage for $SOL’s most explosive growth phase yet.

While $BTC is down at $112K following $19B in recent liquidations, it’s not all doom and gloom for the industry.

Take the analysts CryptoQuant and Glassnode, for instance. They point to a surge in $USDT supply, large-scale whale buys, and steady ETF inflows as bullish indicators of growing strength across the market.

Suggesting to prosperous times for $SOL alone, however, is its ambitious 2025 roadmap.

Solana Plans to Cut Transaction Finality to Just 150ms
At the heart of Solana’s upcoming developments is Firedancer, a new validator client developed by Jump Crypto.

With the SIMD-0370 update, the system is expected to slash transaction finality from roughly 12.8 seconds to just 150 milliseconds.

Source: X (SolanaFloor)
And that’s not all. Solana plans to double its block space and implement a new consensus algorithm that eliminates vote transactions, increases throughput, and shortens block times – each of which would significantly boost the network’s efficiency.

On the institutional front, Solana’s leadership is actively engaging with major financial players and policymakers. One such example is the Solana Policy Institute.

The ultimate aim of the Institute is to educate policymakers on how decentralized networks like Solana are the future of the digital economy, plus why the people building on and using them need legal clarity to succeed.

Additionally, supporting the network’s growth are projects like Helix’s RPS 2.0 and Confidential Transfers.

The former is designed to decouple Solana’s read and write layers to address the network’s bottlenecks. Meanwhile, the latter introduces privacy-preserving transactions to attract institutional users who care about confidentiality and regulatory compliance.

Not to mention, there’s also the potential for the Securities and Exchange Commission (SEC) to approve a Solana ETF this year.

According to Polymarket data, traders are betting big on a 99% probability, underscoring just how confident the market is in Solana’s next major milestone.

Each of these developments is nothing short of fantastic news for $SNORT.

Snorter Bot to Offer Low 0.85% Trading Fees on Solana
$SNORT is the foundation of Snorter Bot, a Telegram trading bot that’s preparing to go live on Solana this quarter.

It’s under development to give traders an advantage in the fast-paced crypto sector. By initially being built on Solana, it promises that it’ll deliver high execution speeds and trading fees as low as 0.85% (that’s provided you buy some $SNORT).

After Solana serves as the bot’s launchpad, it sets out to expand across Ethereum, BNB Chain, and other EVM-compatible networks. In doing so, you’ll be able to partake in various types of investments, not just the best Solana meme coins.

Whether you’re eyeing the next crypto to explode or want to learn the basics of crypto trading, Snorter Bot will offer lots of services to help you make smarter trading decisions.

Source: Snorter Token
Its automated sniping tool, for instance, means you’ll be able to secure early entries as soon as they go live.

Meanwhile, its copy trading feature is super helpful if you’re a crypto newbie. This is because it’ll allow you to capitalize on the moves of top-performing wallets without technical know-how.

And all will be offered without the bot compromising on security. It’ll be MEV protected and include rugpull and honeypot alerts. This way, you’ll be safeguarded against common crypto scams around the clock.

Buy SNORT Today for Possible 771% Gains
$SNORT is behind it all, powering every aspect of the bot and its future trajectory. Ensuring sustainable growth is a quarter of its total token supply being earmarked for development.

But buying $SNORT on presale doesn’t just mean supporting the project’s evolution; it opens exclusive benefits – leaderboard rewards, a staking APY up to 108% (if you join now), and DAO governance.

You can reap the perks by joining the presale for as little as $0.1079, using either $SOL, $ETH, $USDT, $USDC, $BNB, or fiat.

With Solana’s network heating up and Snorter Bot poised to launch on it, there might not be any better time to get involved.

This is especially true when considering that our Snorter Bot price prediction foresees $SNORT reaching $0.94 this year. As such, joining now at its current price could generate 771% gains – that’s provided that it successfully launches on the best crypto exchanges.

Buy $HYPER before its price spikes.

Disclaimer: This isn’t investment advice. Always DYOR and don’t invest more than you’re willing to lose. Crypto can be highly volatile. 

Authored by Leah Waters, Bitcoinist – https://bitcoinist.com/deepseek-sol-price-prediction-boosts-snorter-token

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-10-15 14:31 4mo ago
2025-10-15 10:16 4mo ago
How this XRP treasury company aims to unlock $100B through loyalty points cryptonews
XRP
How this XRP treasury company aims to unlock $100B through loyalty points Oluwapelumi Adejumo · 26 seconds ago · 2 min read

Nasdaq-listed Webus to transform fragmented loyalty systems with XRP-powered real-time exchange.

Oct. 15, 2025 at 3:15 pm UTC

2 min read

Updated: Oct. 15, 2025 at 3:11 pm UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Loyalty points are worth billions, but most never leave the accounts they’re earned in.

Webus International, an XRP-focused treasury company, wants to change that.

Last week, the Nasdaq-listed firm announced plans for a tokenized travel-reward exchange powered by the XRP stablecoin system.

According to the press statement, the Singapore-based firm is targeting the global loyalty market, one of the most inefficient segments in consumer finance.

The hidden cost of trapped rewardsEvery year, travelers earn hundreds of billions in loyalty credits across airlines, hotels, and mobility apps.

Yet, Hatem Kemali, co-founder of digital-rewards platform Resal, estimates that more than $100 billion of those points go unredeemed.

According to him, this situation tends to happen because the “Points are trapped in broken, fragmented systems. Hard to track. Hard to combine. Hard to spend.”

He added:

“Traditionally, loyalty points were earned after a purchase and redeemed in limited ways. But consumer expectations have changed today, people want to use loyalty like money, not just for discounts.”

That friction defines the opportunity Webus hopes to capture. Its platform will let users exchange and redeem points across multiple brands in real time, settling value through XRP-based stablecoin payments rather than opaque accounting ledgers.

Turning loyalty into liquid valueTraditional reward networks operate like closed economies. A traveler might hold miles with Emirates, hotel points with Marriott, and ride credits with Grab, but none of these systems communicate.

Webus’ blockchain framework tokenizes those balances and connects them through XRP’s system by allowing instant conversion between brands and regions without currency risk or manual reconciliation.

Nan Zheng, CEO of Webus, said:

“By integrating XRP stablecoin settlement, we aim to bring real-time, low-cost, and transparent value conversion to the travel rewards ecosystem.”

While the firm has not offered further explanations on the specific stablecoins or the role of XRP in this system, one can infer that the XRP Ledger (XRPL) would play a central role in the initiative.

In such situations, Ripple’s RLUSD stablecoin with XRP would act as a bridge asset, allowing Webus to route settlements across RippleNet’s existing corridors.

This move would move value in seconds instead of the days typical of bank-based clearing. At the same time, the firm will be able to cut costs, improve liquidity, and give consumers “cash-like” control of their loyalty balances.

Why Ripple’s tech fits the jobRipple’s core settlement stack was built to address exactly this kind of multi-currency congestion.

Its network allows institutions to move funds instantly without pre-funded accounts, using XRP to bridge between local currencies. That design, which has long been used in cross-border banking, can now provide a ready-made backbone for loyalty conversion.

Stablecoin integration also aligns with Ripple’s broader push into real-world asset tokenization. Introduced last year, RLUSD gives enterprises a US dollar-denominated settlement option natively compatible with the XRPL.

For Webus, that means stable, regulated liquidity; for Ripple, it marks another step in expanding XRP’s utility beyond institutional payments into consumer-facing ecosystems.

If successful, Webus could show how stablecoins solve real-world problems outside trading desks.

Instead of chasing speculative yields, XRP and RLUSD would quietly power the value exchange behind everyday transactions, turning loyalty points into a universal micro-currency for travel.

Mentioned in this article

Latest XRP Stories Press Releases
2025-10-15 14:31 4mo ago
2025-10-15 10:16 4mo ago
BNB Attestation Service (BAS) posts price records after 700% rally week cryptonews
BNB
BNB Attestation Service (BAS) rallied to a new all-time high after whales continued their accumulation. BAS is still an early-stage token, currently promoting its influence in the Binance ecosystem.
2025-10-15 14:31 4mo ago
2025-10-15 10:20 4mo ago
Bitcoin and Ethereum Stabilize as US Shutdown Enters Third Week cryptonews
BTC ETH
Crypto markets stabilize as the U.S. government shutdown delays key economic data, but Fed signals rate cuts are still on track.
2025-10-15 14:31 4mo ago
2025-10-15 10:21 4mo ago
Ark Invest files new Bitcoin ETFs with yield & risk mitigation cryptonews
BTC
Cathie Wood’s Ark Invest filed for several new Bitcoin ETFs, including yield-generating and downside-buffered versions.

Summary

Ark Invest filed several new Bitcoin ETF proposals with the U.S. SEC
Finings include Bitcoin Yield ETF and ARK DIET Bitcoin 1 & 2 ETFs
Investors are increasingly concerned about downside risks for BTC

Cathie Wood’s Ark Invest is doubling down on Bitcoin, filing several ETFs with specialized strategies. On Tuesday, October 14, Ark Invest filed for the Bitcoin Yield ETF and ARK DIET Bitcoin 1 and 2 ETFs with the U.S. Securities and Exchange Commission. The new ETFs will focus on yield and risk mitigation, giving institutions more flexibility when it comes to BTC exposure.

Cathie Wood and Ark Invest filed multiple new Bitcoin ETFs today (October 14, 2025):

– ARK Bitcoin Yield ETF
– ARK DIET Bitcoin 1 ETFs (Q1–Q4)
– ARK DIET Bitcoin 2 ETFs (Q1–Q4)

All filings are preliminary prospectuses under the ARK ETF Trust pic.twitter.com/bpXszQg1z3

— Ark Invest Tracker (@ArkkDaily) October 15, 2025

The strategies for Ark Invest’s new ETFs are simple. For one, the ARK Bitcoin Yield ETF targets investors who want cash flows from their BTC holdings. Filings suggest that these ETFs may use options-based strategies such as writing covered calls to generate yield, while maintaining BTC exposure.

At the same time, ARK Defined Income Exposure & Target (DIET) Bitcoin ETFs target risk-averse investors who want downside protection. Namely, DIET 1 ETF offers 50% downside protection, while gain participation is triggered only after BTC rises 5% over the quarter. On the other hand, DIET 2 ETF offers 10% loss protection and shares in gains when Bitcoin is up 0% in the quarter.

Ark Invest’s Bitcoin ETFs bet on institutional demand
Filings come after the SEC moved to streamline crypto ETF approvals, slashing approval time to 75 days or less. Before this move, the SEC’s decision could take more than 240 days, with delays frequently extending this timeline even further.

Moreover, this comes just after the crypto market crash, which wiped out $1 trillion in market value. With institutional investors increasingly worried about potential volatility, Ark Invest’s ETFs with downside protection could help attract more capital to Bitcoin.
2025-10-15 13:30 4mo ago
2025-10-15 09:15 4mo ago
Illumina fuels multiomic discovery with launch of 5-base solution, unlocking simultaneous genomic and epigenomic insights stocknewsapi
ILMN
At ASHG, an early access customer from the London Health Sciences Center Research Institute will demonstrate the power of the 5-base genome for accelerating resolution of rare disease cases

Proprietary 5-base chemistry and novel DRAGEN algorithms enable dual-omic inquiry, providing researchers with new tool for precision medicine breakthroughs

, /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced the release of its novel 5-base solution, enabling researchers to pursue broader biological questions with accuracy and ease. The 5-base solution marks a major advancement in scalable multiomic analysis, enabling simultaneous detection of both genomic variants and DNA methylation from a single sample, in a streamlined, cost-effective workflow. Powered by Illumina's proprietary 5-base chemistry and custom DRAGEN algorithms, the solution delivers high-resolution insights into both the methylome and genome while reducing complexity and cost. This powerful workflow can help researchers uncover disease mechanisms, detect and discover biomarkers for cancer and genetic disease, study disease progression, identify drug targets, and advance precision medicine.

The Illumina 5-base solution delivers high-resolution insights into both the methylome and genome while reducing complexity and cost.

The 5-base solution marks a major advancement in scalable multiomic analysis, enabling simultaneous detection of both genomic variants and DNA methylation from a single sample, in a streamlined, cost effective workflow.

"Our new 5-base solution reflects the many ways we are redefining what's possible through the power of multiomics," said Steve Barnard, chief technology officer of Illumina. "It's already driving insights in areas ranging from oncology to rare disease and elucidating the role of epigenetic regulation in human health—all in a cost-effective, scalable workflow."

Key features of the 5-base solution

Unlike conventional methylation conversion technologies, Illumina's proprietary conversion chemistry selectively converts methylated cytosine to thymine. This selective conversion of methylated cytosines preserves genomic complexity and variant information in the sequencing library, generating maximum biological insights in each run.

Customers can choose from two kits, Illumina 5-Base DNA Prep and Illumina 5-Base DNA Prep with Enrichment, both commercially available following a successful early-access program. Illumina 5-Base DNA Prep offers whole-genome coverage and Illumina 5-Base DNA Prep with Enrichment allows the user to focus on select genomic regions of interest through targeted enrichment. Both kits can detect DNA methylation at a single-base resolution.

The library preparation and sequencing of these kits are compatible with Illumina NovaSeq Systems and the NextSeq 2000 System. Novel DRAGEN algorithms allow for simultaneous methylation profiling and high-accuracy genomic variant calling. Illumina Connected Multiomics combines multiomic data with powerful statistical visualization and interpretation, making deep biological insights possible. This end-to-end Illumina pipeline unlocks the future of discovery and drug development.

Unlocking streamlined discovery in rare disease

London Health Sciences Centre Research Institute's research chair in Clinical Genomics and Epigenomics, Bekim Sadikovic, is one of over 50 early testers applying the 5-base solution to their multiomic research questions.

"Illumina's comprehensive 5-base technique—with the ability to use the combined genome sequencing and epigenetic data simultaneously—has the potential to change the way we look at functional genomics," said Sadikovic. "This is going to allow us to add layers of insight that go beyond genetics alone, toward a more complete view of rare diseases."

Sadikovic will present at the American Society of Human Genetics (ASHG) annual meeting in Boston, where he will illustrate the Illumina 5-base solution's ability to detect variants and methylation signatures across rare disease samples. His talk "Validation of integrated platform for simultaneous detection of genetic variants and DNA methylation episignatures in rare diseases" will be held in Room 153ABC on October 15 from 12:00 to 1:00 PM ET.

In addition to its new 5-base solution, Illumina is showcasing the new Illumina Protein Prep product along with its full range of multiomics technology this week at ASHG. Those interested in the ASHG talks but unable to attend the presentation can preregister for the on-demand webinar here. You can see all of Illumina's multiomics solutions in development and commercially available here.

Use of forward-looking statements

This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors to which our business is subject that could cause actual results to differ materially from those in any forward-looking statements are: (i) challenges inherent in developing and launching new products and services, including modifying and scaling manufacturing operations, and reliance on third-party suppliers for critical components; (ii) our ability to manufacture robust instrumentation and consumables; and (iii) the acceptance by customers of our newly launched products, which may or may not meet our and their expectations, together with other factors detailed in our filings with the Securities and Exchange Commission, including our most recent filings on Forms 10-K and 10-Q, or in information disclosed in public conference calls, the date and time of which are released beforehand. We undertake no obligation, and do not intend, to update these forward-looking statements, to review or confirm analysts' expectations, or to provide interim reports or updates on the progress of the current quarter.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.

Contacts

Investors:
Illumina Investor Relations
858-291-6421
[email protected]

Media:
Christine Douglass
[email protected]

SOURCE Illumina, Inc.

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

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In
2025-10-15 13:30 4mo ago
2025-10-15 09:15 4mo ago
Artelo Biosciences Announces Expanded Clinical Data to be Presented on both ART26.12 and ART27.13 at the 8th Annual Cannabinoid & Endocannabinoid Drug Development Summit stocknewsapi
ARTL
October 15, 2025 09:15 ET

 | Source:

Artelo Biosciences

ART26.12 Phase 1 Data Demonstrated No Safety Concerns, Predictable Linear Plasma Exposure, and Options for Dosing in Either Fed or Fasted Conditions 

ART27.13 Interim Phase 2 Data Showed Substantial Weight Gain and Activity Improvements in the Treated Patients versus Placebo

SOLANA BEACH, Calif., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc. (Nasdaq: ARTL), a clinical-stage pharmaceutical company focused on modulating lipid-signaling pathways to develop treatments for people living with cancer, pain, dermatologic, or neurological conditions, today announced that Professor Saoirse O’Sullivan, Vice President of Translational Sciences at Artelo Biosciences, is presenting expanded data from Artelo’s lead Fatty Acid Binding Protein 5 (FABP5) inhibitor, ART26.12, Single Ascending Dose (SAD) Study at the 8th Annual Cannabinoid & Endocannabinoid Drug Development Summit, taking place October 15–16, 2025, in Boston, Massachusetts. In addition, Professor O’Sullivan will be giving additional insights on ART27.13 development progress in cancer-related anorexia with interim data from the Phase 2 portion of the Cancer Appetite Recovery Study (CAReS).

During the presentation titled Exploring the Clinical Development of the Fatty Acid Binding Protein 5 (FABP5) Inhibitor ART26.12, Professor O’Sullivan plans to share findings from the Company’s SAD study and preliminary food effect investigation with ART26.12, which evaluated the safety, tolerability, and pharmacokinetics of its FABP5 inhibitor in healthy volunteers. The SAD study demonstrated that ART26.12 at single doses up to 1050 milligrams was safe and well tolerated. Importantly, ART26.12 exhibited predictable linear dose exposure and showed potential dosing flexibility in either fed or fasted states for future studies. These findings support Artelo’s belief that advancement of ART26.12 into multiple ascending dose and proof-of-principle pain studies is warranted.

In addition, Professor O’Sullivan will discuss detailed interim data from the CAReS Phase 2 study. In CAReS, Artelo is evaluating ART27.13, the Company’s proprietary dual cannabinoid agonist, versus placebo in a randomized and blinded comparison in cancer patients experiencing anorexia and weight loss. Initial findings show patients receiving up to 1300 micrograms daily on average gained over 6% in weight versus placebo participants losing an additional 5%. Despite receiving up to twice the maximum dose delivered in the Phase 1 stage of CAReS, the safety profile in Phase 2 to date has been similar and well-tolerated. ART27.13 is uniquely positioned as the most clinically advanced small-molecule, orally administered once-daily treatment in development for cancer anorexia. Impacting up to 80% of late-stage cancer patients, currently there are no approved treatments in the US, UK or EU.

Regarding Artelo’s innovation leadership and progress in cannabinoid and lipid-signaling therapeutics development, Professor Saoirse O'Sullivan stated, "Having spent my entire career researching the potential medical benefits of modifying the endocannabinoid system, it is gratifying as a scientist and affirming of our research initiatives to be at the Cannabinoid & Endocannabinoid Drug Development Summit presenting two positive clinical studies for two of Artelo’s development candidates that have the potential to impact the devastating effects of peripheral neuropathic pain and anorexia and cachexia syndrome for people living with cancer." 

About ART26.12
ART26.12, Artelo’s lead Fatty Acid Binding Protein 5 (FABP5) inhibitor, is under development as a novel, peripherally acting, non-opioid, non-steroidal analgesic, initially for the treatment of chemotherapy-induced peripheral neuropathy (CIPN) under an investigational new drug application opened with the FDA. Fatty Acid Binding Proteins (FABPs) are a family of intracellular proteins that chaperone lipids important to normal cellular function. FABP is overexpressed and associated with abnormal lipid signaling in a number of pathologies. In addition to ART26.12 in CIPN, Artelo’s extensive library of small molecule inhibitors of FABPs has shown therapeutic promise for the treatment of certain cancers, neuropathic and nociceptive pain, psoriasis, and anxiety disorders.

About ART27.13
ART27.13 is a novel benzimidazole derivative being developed as a once-daily, orally administered agent selectively targeting peripheral CB1 and CB2 receptors, with the potential to improve body weight, appetite, muscle degeneration, and quality of life in cancer patients. Initially developed by AstraZeneca plc, ART27.13 has been in seven clinical studies with over 280 participants. A statistically significant and dose-dependent increase in body weight was observed in people with back pain who were otherwise healthy. Importantly, the drug enables systemic metabolic effects while minimizing central nervous system-mediated toxicity. Having completed a Phase 1 study in cancer patients where ART27.13 demonstrated an excellent safety profile, Artelo is conducting a Phase 2 trial as a supportive care therapy for cancer patients suffering from anorexia and weight loss. Currently, there is no FDA approved treatment for cancer anorexia cachexia syndrome.

About CAReS
The Cancer Appetite Recovery Study (CAReS) is a Phase 1/2 randomized, placebo-controlled trial of the Company’s lead clinical program, ART27.13, in patients with cancer anorexia and weight loss. Cancer-related anorexia, or the lack or loss of appetite in the person with cancer, may result from the cancer and/or its treatment with radiation or chemotherapy. It is common for people with cancer to lose weight. Anorexia and the resulting weight loss can affect a patient’s health, often weakening their immune system and causing discomfort and dehydration. A weight loss of more than 5% can predict a poor outcome for cancer patients and a lower response to chemotherapy. The Phase 1 portion of the CAReS study was designed to determine the most effective and safest initial dose of ART27.13 in the Phase 2 stage. The Phase 2 portion of the CAReS study is designed to determine estimates of activity of ART27.13 in terms of lean body mass, weight gain, and improvement of anorexia compared to placebo.
(ISRCTN registry: https://www.isrctn.com/ISRCTN15607817)

About Artelo Biosciences
Artelo Biosciences, Inc. is a clinical-stage pharmaceutical company dedicated to the development and commercialization of proprietary therapeutics that modulate lipid-signaling pathways, with a diversified pipeline addressing significant unmet needs in anorexia, cancer, anxiety, dermatologic conditions, pain, and inflammation. Led by an experienced executive team collaborating with world-class researchers and technology partners, Artelo applies rigorous scientific, regulatory, commercial, and treasury management practices, including digital assets, to maximize stakeholder value. More information is available at www.artelobio.com and X: @ArteloBio.

Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company’s filings with the Securities and Exchange Commission, including our ability to raise additional capital in the future. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable securities laws.

Investor Relations Contact:
Crescendo Communications, LLC
Tel: 212-671-1020
Email: [email protected]
2025-10-15 13:30 4mo ago
2025-10-15 09:15 4mo ago
Surge Components, Inc. Announces Third Quarter 2025 Results stocknewsapi
SPRS
DEER PARK, N.Y.--(BUSINESS WIRE)--Surge Components, Inc. (“Surge” or the “Company”) (OTC Pink: SPRS), a leading supplier of capacitors, discrete semi-conductors, switches, and audible/sounding devices, today announced financial results for the third quarter ended August 31, 2025.

Surge Operational Highlights

Continues to provide best in-class service to customers and preserve its competitive advantage over peers by maintaining superior lead times and stable production.

Continues to collaborate closely with customers on new design projects.

Continues to introduce new products to customers, driving differentiation and competitiveness.

Surge Financial Highlights for the Third Quarter Ended August 31, 2025

Drove net sales of approximately $10.3 million compared to approximately $8.0 million in the prior-year period, a 29% increase year-over-year.

Increased gross profit to $2.84 million compared to approximately $2.5 million in the prior-year period, a 14% increase year-over-year.

Achieved net income available to common shareholders of $469,705; earnings per share of $0.08, compared to net income available to common shareholders of $441,852; earnings per share of $0.08 in the prior-year period.

“We are excited by our performance in the third quarter, reporting both strong year-over-year revenue and gross profit growth, reflecting signs of recovery in the electronics industry. This industry recovery is being driven by normalization of excess inventory, which had built up from over-ordering to ensure fulfillment amid supply chain challenges. This adjustment is now stimulating renewed purchasing activity,” said Ira Levy, President and Chief Executive Officer of Surge.

“In addition, our team continues to work diligently on new design projects and product development initiatives which support our momentum. Looking ahead to the next quarter and into early 2026, we are cautiously optimistic, grounded in steady progress.”

“Regarding tariffs, Surge has not experienced any significant negative impact to date, even for imports from Mexico. However, we recognize that customers manufacturing in Mexico and exporting to the U.S. may be affected, which could lead to these customers experiencing higher costs and declines in their sales, including for example market segments such as automotive and consumer home appliances,” continued Levy.

Results of Operations for the Three Months Ended August 31, 2025

Consolidated net sales for the three months ended August 31, 2025 increased by $2,303,715 or 28.9%, to $10,274,031 as compared to net sales of $7,970,316 for the three months ended August 31, 2024. We attribute the increase to an increase in business with new customers as well as an increase in business with existing customers.

Gross profit for the three months ended August 31, 2025 increased by $357,133 to $2,844,703, or 14.4%, as compared to $2,487,570 for the three months ended August 31, 2024. Gross margin as a percentage of net sales decreased to 27.7% for the three months ended August 31, 2025 compared to 31.2% for the three months ended August 31, 2024.

We work with electronic manufacturing service subcontractor customers who manufacture products for other customers who do not have their own manufacturing operations. The Company has agreements with these subcontractor customers to provide periodic cost reductions through rebates in the amount of 5%. These reductions only affect future shipments of our products, and do not affect existing orders. These reductions can have a negative impact on our profit margins since they reduce the amount of commissions we can earn. Even though this rebate can impact the Company’s gross profit margin, these subcontractor customers represent very significant potential growth for the Company, because they can help the Company become an approved supplier at the customers they manufacture for, and they purchase our components for these customers. In fiscal year of 2025, the Company was marginally impacted by tariff costs on certain products imported from China as well as new tariffs that went into effect as of February 4, 2025 in addition to pre-existing tariffs that went into effect as of July 6, 2018. The Company has been able to pass along a portion of these costs to its customers. In addition, the Company has been moving some customer deliveries directly to Hong Kong in order to mitigate some of these costs. However, there can be no assurance that we will be able to pass along any new costs.

Selling and shipping expenses for the three months ended August 31, 2025 was $721,274, an increase of $37,380, or 5.5%, as compared to $683,894 for three months ended August 31, 2024. We attribute the increase for the three months ended August 31, 2025 to increases in commission expenses, sales payroll expenses, travel and entertainment expenses offset by decreases in freight out expenses.

General and administrative expenses for the three months ended August 31, 2025 was $1,446,788, an increase of $196,494, or 15.7% as compared to $1,250,294 for the three months ended August 31, 2024. The increase can be attributed to increases in salaries and related payroll tax expenses as well as bad debt expenses, general insurance, office and computer expenses and professional fees and public company expenses but partially offset by decreases consulting expenses.

The net income for the three months ended August 31, 2025 was $472,205, compared to a net income of $444,352 for the three months ended August 31, 2024.

About Surge

Surge Components Inc is a supplier of electronic products and components. The Company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts contained herein, including statements regarding global economic conditions, expected rebound in the market, excess inventory uses, supply chain challenges, customer lead times, our ability to pass tariff costs on to our customers and its effect on our sales, our future results of operations and financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.

In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expected," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar words. These statements are only predictions and are based largely on our current expectations and projections about future events and financial trends that may affect our business, financial condition and results of operations. We discuss many of the risks in greater detail under the heading "Risk Factors" in our Annual Report on Form 10-K. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update any forward-looking statements for events or circumstances occurring after the date of this press release, except as required by law.

More News From Surge Components, Inc.
2025-10-15 13:30 4mo ago
2025-10-15 09:15 4mo ago
Swiss Quantum Technology SA Signs €10M Agreement to Deploy D-Wave Advantage2 Annealing Quantum Computer stocknewsapi
QBTS
-

System placement to support Italy’s newly formed Q-Alliance objectives and its state-of-the-art quantum computing research facility

PALO ALTO, Calif. & COMO, Italy--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced an agreement with Swiss Quantum Technology SA (“SQT”) to deploy a D-Wave Advantage2TM annealing quantum computer in Europe. Announced today at Digital Innovation Forum - ComoLake 2025, the agreement represents a €10M commitment from SQT, with an option to purchase the system.

Capable of solving complex computational problems beyond the reach of classical computers, the placement of this Advantage2 system also supports the newly formed Q-Alliance, an initiative that empowers Italy with new global infrastructure in quantum computing to support the country’s Digital Transformation future. The Advantage2 system funded by SQT will be accessible to customers via D-Wave's Leap™ real-time quantum cloud service. Featuring D-Wave’s most advanced quantum processor to date, the 4,400+ qubit Advantage2 system is a powerful and energy-efficient quantum computer designed to facilitate quantum and hybrid quantum applications for production deployment.

“The agreement with SQT is an important milestone in our ongoing effort to expand global access to our fleet of annealing quantum computers and to help our rapidly growing customer base solve computationally complex problems faster and more efficiently,” said Dr. Alan Baratz, CEO of D-Wave. “As Europe extends its quantum leadership, we believe that D-Wave’s production-grade annealing quantum computing technology will serve as a critical component, fueling quantum application development and adoption now.”

“Traditional computing is reaching its limits—not just in performance, but in energy efficiency,” said Enrico De Mitri, CEO of SQT. “Hosting an Advantage2 system reinforces our commitment to help meet the growing need for advanced computation without accelerating energy consumption. We believe D-Wave’s technology could be essential in delivering powerful solutions with a significantly smaller energy footprint.”

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers — the world’s largest — feature QPUs with sub-second response times and can be deployed on-premises or accessed through our quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we’re shaping the quantum-driven industrial and societal advancements of tomorrow: www.dwavequantum.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

More News From D-Wave Quantum Inc.

Back to Newsroom
2025-10-15 13:30 4mo ago
2025-10-15 09:15 4mo ago
Illumina constellation mapped read technology uncovers hard-to-see genomic insights in GeneDx pilot stocknewsapi
ILMN WGS
Illumina's up-and-coming constellation innovation delivers accuracy, speed, and ease of use in trial by GeneDx

Constellation outperformed orthogonal methods in identifying select difficult-to-map variants

, /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN) today announced that GeneDx, a leader in genetic testing for rare diseases, is piloting Illumina's emerging constellation mapped read technology, evaluating its performance on regions of the genome that traditional short-read technologies historically have not resolved. GeneDx's early results illustrate the ability of constellation to rapidly identify hard-to-detect variants implicated in rare disease. GeneDx's Director of Laboratory Innovation Joe Devaney will present on the company's early experiences with the constellation technology today at the American Society for Human Genetics (ASHG) Annual Meeting in Boston.

GeneDx’s Director of Laboratory Innovation Joe Devaney will present on the company’s early experiences with the constellation technology today at the American Society for Human Genetics (ASHG) Annual Meeting in Boston.

"Illumina is unlocking ways to access the most difficult regions of the genome, as we simultaneously lead the industry into a new era of multiomics," said Steve Barnard, chief technology officer of Illumina. "Genomic insights remain critical to advance diagnosis and treatment for many rare and complex diseases, and our constellation technology provides the research insights that enable our customers to tackle these challenging conditions on the platforms they already use."

For the pilot project, GeneDx used its fleet of NovaSeq X Plus Systems with constellation kits to evaluate 160 DNA samples from individuals with known genetic disease. GeneDx compared samples run with constellation to orthogonal methods, like long-read sequencing, arrays, and multiplex ligation-dependent probe amplification. Constellation was able to accurately uncover repeat expansions, complex structural variants, and elusive regions of the genome, demonstrating the technology's ability to meet or exceed the capabilities of established alternative methods.  

Constellation was able to quickly identify difficult-to-detect, biologically relevant variants, including those in:

DMPK , which is associated with myotonic dystrophy and is caused by large repeat expansions;
SMN1 , which is associated with spinal muscular atrophy but is difficult to detect based on the highly homologous SMN2 gene;
NCF1 , which is associated with an inherited immune disorder called chronic granulomatous disease, but is challenging to identify due to highly homologous pseudogenes; and
Mosaic aneuploidy, which causes some cells to have chromosomal abnormalities. It can cause developmental delays and increase the risk of some childhood cancers.
Deep and rapid insights from whole-genome sequencing can help researchers understand and better identify potential treatments for these hard-to-diagnose conditions. Constellation is emerging as a flexible solution that performs accurately across a variety of sample types—including buccal, blood, and chorionic villus (prenatal) samples—and extraction kits.

"Innovation and patient centricity fuel everything we do at GeneDx," said Devaney. "We're continually looking to advance research and clinical genomics to drive the future of precision medicine and better health outcomes for all. The level of detail we can achieve with constellation provides promising insight into some of the world's most complex and difficult-to-diagnose diseases. By combining speed, simplicity, and scientific rigor, this technology has the potential to transform how we understand rare disease, helping improve how we diagnose and treat patients."

How constellation mapped read technology works

Constellation builds on Illumina's industry-leading sequencing-by-synthesis chemistry to unlock long-range genomic insights with unmatched simplicity. Long sequences of unfragmented DNA are applied directly to the flow cell for cluster generation. This on-flow-cell library prep eliminates manual library preparation and enables a streamlined workflow with fewer validation steps. Proprietary informatics extract long-distance data from the proximity of resulting neighboring clusters. This novel data allows for accurate mapping of homologous or repetitive regions of the genome, resolving mapping ambiguities, and resolving complex variant types.

Constellation was first introduced at the 2024 ASHG conference. The first commercially available product based on constellation technology is slated for release in the first half of 2026, compatible with the NovaSeq X Series. 

Joe Devaney will present the results of GeneDx's expanded, 160-sample study with constellation on October 15 at the ASHG Annual Meeting in Boston. His talk, "Mapping the Future of Whole Genome Sequencing with Illumina Constellation Technology," will be held in Room 153ABC from 12:00 PM to 1:00 PM ET. To preregister for access to the replay, follow this link. You can see all of Illumina's multiomics solutions that are in development or commercially available here.

Use of forward-looking statements

This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors to which our business is subject that could cause actual results to differ materially from those in any forward-looking statements are: (i) challenges inherent in developing and launching new products and services, including modifying and scaling manufacturing operations, and reliance on third-party suppliers for critical components; (ii) our ability to manufacture robust instrumentation and consumables; and (iii) the acceptance by customers of our newly launched products, which may or may not meet our and their expectations, together with other factors detailed in our filings with the Securities and Exchange Commission, including our most recent filings on Forms 10-K and 10-Q, or in information disclosed in public conference calls, the date and time of which are released beforehand. We undertake no obligation, and do not intend, to update these forward-looking statements, to review or confirm analysts' expectations, or to provide interim reports or updates on the progress of the current quarter.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit illumina.com and connect with us on X, Facebook, LinkedIn, Instagram, TikTok, and YouTube.

About GeneDx

GeneDx (Nasdaq: WGS) is the global leader in rare disease diagnosis, transforming the way medicine is practiced by making genomics the starting point for health, not the last resort. We bring together unmatched clinical expertise, advanced technology, and the power of GeneDx Infinity™ – the largest rare disease dataset – built over 25 years from millions of genomic tests and deep clinical insights. This unparalleled foundation powers our ExomeDx™ and GenomeDx™ tests, giving clinicians the highest likelihood of delivering a timely, accurate diagnosis. GeneDx is shaping the future of healthcare by moving the standard of care from sick care to proactive healthcare. While our roots are in rare disease diagnosis, our commitment extends beyond – growing with the families we serve – as a trusted partner at every stage of life. For more information, visit genedx.com and connect with us on LinkedIn, Facebook, and Instagram.

Contacts

Illumina

Investors:
Illumina Investor Relations
858-291-6421
[email protected]

Media: 
Christine Douglass
[email protected]

GeneDx

Investors:
[email protected]

Media:
[email protected]

SOURCE Illumina, Inc.

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

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In
2025-10-15 13:30 4mo ago
2025-10-15 09:15 4mo ago
The Riskiest BDCs Might Be The Ones You Trust stocknewsapi
BIZD BXSL FDUS KBDC MAIN MSDL PFLT TSLX
SummaryBDCs have recently suffered a significant downside volatility.There is indeed a justified reason for system-wide valuation adjustments.Yet, for some BDCs, the market has gone too far, while for some, the necessary level correction has not yet happened.In my view, some BDCs still trade at too rich valuations, most probably because of their historical track record and solid reputation (which won’t help here).In the article, I elaborate on 2 well-known BDCs, which are very likely to experience justified correction soon. wildpixel/iStock via Getty Images

When market conditions turn south and risks increase, it makes sense to have a defensive tilt in the portfolio in order to, primarily, avoid permanent impairment of capital. Preferably, you want to have the quality bias already in place before

Analyst’s Disclosure:I/we have a beneficial long position in the shares of KBDC, MSDL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You
2025-10-15 13:30 4mo ago
2025-10-15 09:16 4mo ago
Globalstar to Participate in Upcoming Conferences stocknewsapi
GSAT
-

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company will be participating at the following upcoming conferences:

Deutsche Bank Global Space Summit

Date: Wednesday, November 19, 2025

Location: New York, NY

Format: Paul Jacobs, Globalstar CEO, Rebecca Clary, Globalstar VP and CFO, and other Company representatives will participate in one-on-one meetings

Raymond James TMT & Consumer Conference

Date: Tuesday, December 9, 2025

Location: New York, NY

Format: Rebecca Clary, Globalstar VP and CFO, and other Company representatives will participate in one-on-one meetings

Interested investors should contact their sales representative to register and schedule one-on-one or group meetings.

About Globalstar, Inc.

Globalstar is a global telecommunications provider connecting what matters most. Through our industry-leading low Earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum, we deliver reliable satellite and terrestrial connectivity solutions that empower customers worldwide to connect, transmit, and communicate smarter.

Our comprehensive connectivity ecosystem includes software-defined, purpose-built private wireless network platform, coupled with Globalstar Band 53 in XCOM RANTM and trusted GPS messengers Saved by SPOTTM for safety and personal communication for business and enterprise applications.

Serving business, enterprise, and consumer markets across the globe, Globalstar supports applications that track and protect assets, enable automation, enhance operational efficiency, and safeguard lives. With unmatched reach and a relentless focus on innovation, and mission-critical performance, we're redefining what's possible for global connectivity.

Note that all SPOT products described in this press release are the products of SPOT LLC, which is not affiliated in any manner with Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.

For more information, visit www.globalstar.com.

More News From Globalstar, Inc.

Back to Newsroom
2025-10-15 13:30 4mo ago
2025-10-15 09:16 4mo ago
Total Wine & More Partners with Rackspace Technology to Optimize Performance and Accelerate Innovation Across Its Retail Operations stocknewsapi
RXT
SAN ANTONIO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology®, a leading end-to-end hybrid cloud and AI solutions company, today announced Total Wine & More, America’s Wine Superstore®, has partnered with Rackspace to advance its digital transformation through a strategic, multicloud approach. The retailer adopted two public cloud platforms, Microsoft Azure and Google Cloud, selecting the best cloud for each of its major technology initiatives. It chose Rackspace to provide flexible, managed support and gained valuable cloud optimization expertise.

“We needed a partner who could support our multicloud strategy and provide consistent, expert guidance across both Azure and Google Cloud,” said Rob DeSantos, VP of Infrastructure and Workplace Solutions at Total Wine & More. “Rackspace Technology not only met those needs but exceeded our expectations with their technical depth and collaborative approach.”

“Total Wine & More’s multicloud strategy showcases the value of choosing the right cloud for the right workload,” said D K Sinha, President of Public Cloud at Rackspace Technology. “By leveraging both Microsoft Azure and Google Cloud and partnering with Rackspace Technology for unified expertise across platforms, they gained flexibility, cost efficiency, and speed. This approach is increasingly common among innovative retailers seeking to modernize faster and use multicloud as a driver of agility and customer experience."  

Key Solutions Driving Innovation:

Rackspace Elastic Engineering: Provides ongoing support for modernizing Total Wine’s inventory system and migrating backend operations to Azure, including automation with Terraform across cloud environments.Rackspace DBA Services: Ensures optimal performance, reliability, and availability of databases supporting ecommerce and inventory systems.Rackspace Optimizer+: Delivers strategic insights and automated optimizations that helped Total Wine reduce cloud costs by 20% year-to-date.
The partnership has empowered Total Wine to transform cost optimization into a catalyst for innovation.

“With the FinOps program and Optimizer+, we don’t just receive another set of dashboards or reports. We get actionable insights and the expertise to dig deeper,” said DeSantos. “We continue to improve efficiency and keep technology at the forefront of business growth and innovation.”

Total Wine & More continues to expand its footprint, now operating 284 superstores across 29 states. With Rackspace Technology as a strategic partner, the company has enhanced its ability to scale, innovate, and deliver exceptional customer experiences.

“With our Rackspace partnership, it’s not just the tools we’ve acquired; it’s the people,” added DeSantos. “Their team listens, adapts, and consistently delivers value. It’s a relationship built on trust and shared success.”

Read the full case study at: Total Wine | Rackspace Technology

About Total Wine & More
Founded in 1991, Total Wine & More is the largest independent retailer of fine wine in the U.S., offering over 8,000 wines, 3,000 spirits, and 2,500 beers. The company is committed to providing low prices, exceptional service, and a superior shopping experience.

About Rackspace Technology
Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.

 Disclaimer

This press release contains information believed to be accurate as of October 15, 2025. Rackspace Technology® makes no representations or warranties, express or implied, regarding the completeness, accuracy, or suitability of the information contained herein for any particular purpose. Results described in this press release, including cost savings and performance improvements, are based on the specific circumstances of Total Wine & More and may not be indicative of results that other clients may achieve. Actual results will vary based on individual client configurations, usage patterns, and business requirements. References to third-party companies, products, and services are provided for informational purposes only and do not constitute an endorsement by Rackspace Technology or Total Wine & More. Total Wine & More® and America's Wine Superstore® are registered trademarks of Total Wine & More. All other trademarks, service marks, and company names mentioned are the property of their respective owners. Rackspace Technology reserves the right to update or modify the information in this press release without prior notice.

Media Contact:

Cheryl Amerine, [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/99a84454-0134-45a8-8ca3-94bb9145fd15

Total Wine & More
Total Wine & More Partners with Rackspace Technology to Optimize Performance and Accelerate Innovati...
2025-10-15 13:30 4mo ago
2025-10-15 09:17 4mo ago
Novo Nordisk to Pay Omeros Up to $2.1 Billion For Blood Disease Drug stocknewsapi
NVO OMER
Under the agreement, Novo Nordisk will be granted exclusive global rights to develop and commercialize zaltenibart.
2025-10-15 13:30 4mo ago
2025-10-15 09:17 4mo ago
Minerals Technologies Inc. Announces Increase in Quarterly Dividend; Third Consecutive Year of Dividend Increases stocknewsapi
MTX
October 15, 2025 09:17 ET

 | Source:

Minerals Technologies Inc.

NEW YORK, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI”), a leading, technology-driven specialty minerals company, today announced a 9% increase of its regular quarterly dividend on the company’s common stock to $0.12 per share. The dividend is payable on December 4, 2025, to stockholders of record at the close of business on October 30, 2025.

“This is the third year in a row that MTI’s Board of Directors has authorized an increase of our quarterly dividend, reflecting our confidence in MTI’s continued ability to deliver steady cash flow, create value for shareholders, and execute on its long-term growth strategy,” said Douglas T. Dietrich, Chairman and Chief Executive Officer.

MTI’s regular quarterly dividend is a key component of the company’s balanced approach to capital deployment, which includes organic and inorganic investments, returning capital to shareholders through share repurchases and dividends, and maintaining a strong balance sheet. In October 2024, MTI’s Board of Directors authorized a $200 million share repurchase program, and the company has repurchased $50 million of its shares under this program through the third quarter ended September 28, 2025.

FORWARD-LOOKING STATEMENTS

This press release may contain "forward‐looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations and forecasts of future events such as new products, revenues, and financial performance, and are not limited to describing historical or current facts. They can be identified by the use of words such as “believes,” “expects,” “plans,” “intends,” “anticipates,” and other words and phrases of similar meaning. Forward-looking statements are necessarily based on assumptions, estimates, and limited information available at the time they are made. A broad variety of risks and uncertainties, both known and unknown, as well as the inaccuracy of assumptions and estimates, can affect the realization of the expectations or forecasts in these statements. Actual future results may vary materially. Significant factors that could affect the expectations and forecasts include worldwide general economic, business, and industry conditions; the cyclicality of our customers’ businesses and their changing regional demands; our ability to compete in very competitive industries; consolidation in customer industries, principally paper, foundry, and steel; our ability to renew or extend long term sales contracts for our satellite operations; our ability to generate cash to service our debt; our ability to comply with the covenants in the agreements governing our debt; our ability to effectively achieve and implement our growth initiatives or consummate the transactions described in the statements; our ability to successfully develop new products; our ability to defend our intellectual property; the increased risks of doing business abroad; the availability of raw materials and access to ore reserves at our mining operations, or increases in costs of raw materials, energy, or shipping; compliance with or changes to regulation in the areas of environmental, health and safety, and tax; risks and uncertainties related to the voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code filed by our subsidiaries BMI OldCo Inc. (f/k/a Barretts Minerals Inc.) and Barretts Ventures Texas LLC; claims for legal, environmental, and tax matters or product stewardship issues; operating risks and capacity limitations affecting our production facilities; seasonality of some of our businesses; cybersecurity and other threats relating to our information technology systems; and other risk factors and cautionary statements in our 2024 Annual Report on Form 10‐K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward‐looking statement, whether as a result of new information, future events, or otherwise.

About Minerals Technologies Inc.
Minerals Technologies Inc. (NYSE:MTX) is a global, technology-driven specialty minerals company that develops, produces, and markets a wide range of minerals and mineral-based products and services. We utilize global mineral reserves with our core technologies and applications to deliver innovative solutions for products that are part of everyday life. We serve customers in consumer and industrial markets worldwide, have 4,000 employees in 34 countries, and reported global sales of $2.1 billion in 2024. For further information, visit www.mineralstech.com.

Investor Relations Contact
Lydia Kopylova
[email protected]

Media Contact
Stephanie Heise
[email protected]
2025-10-15 13:30 4mo ago
2025-10-15 09:17 4mo ago
Embracing SCHD's Short-Term Underperformance: The Key To True Portfolio Conviction stocknewsapi
SCHD
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SCHD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-15 13:30 4mo ago
2025-10-15 09:19 4mo ago
BluSky AI Inc. to Update Investors on the Emerging Growth Conference on October 22, 2025 stocknewsapi
BSAI
BluSky AI Inc. invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation on the Emerging Growth Conference. BluSky AI Inc. invites individual and institutional investors as well as advisors and analysts to attend its real-time, interactive presentation on the Emerging Growth Conference.
2025-10-15 13:30 4mo ago
2025-10-15 09:19 4mo ago
Apple announces new MacBook Pro laptops with updated chip stocknewsapi
AAPL
Apple announced new MacBook Pro and iPad Pro models on Wednesday with an updated M5 chip that allows them to run faster than their predecessors.

The new MackBook Pro models start at $1,599 and go on sale Oct. 22. The 11-inch iPad Pro starts at $999

The new devices, which are immediately available for pre-order, are Apple's latest additions to its fall catalog of products.

The company released the iPhone 17 and Apple Watch Series 11 models in September. Apple typically follows that up with updated laptops, iPads or other devices in October.

Apple's December quarter is its largest quarter by sales, driven by holiday and Christmas shopping. That is why the company usually updates its best-selling products in the fall. This year, it's the first full quarter of iPhone 17 sales as well.

Wednesday's announcement comes as Wall Street analysts are closely watching Apple's new releases to see if the company is raising prices or eating costs related to President Donald Trump's announced and threatened tariffs, especially on semiconductors and China.

Read more CNBC tech newsDutch government takes control of Chinese-owned chipmaker Nexperia in 'highly exceptional' moveXiaomi shares see biggest drop since April after fatal EV crash sparks safety concernsNavan sets price range for IPO, expects market cap of up to $6.5 billionWe tested OpenAI's Sora 2 video generator to find out why Hollywood is freaking outWhile iPads and MacBooks aren't as critical for Apple as iPhone sales, they are still massive businesses.

Apple reported $6.58 billion in iPad sales in the June quarter, an 8% decrease on an annual basis that the company attributed to difficult comparisons to the year-ago quarter when new iPad Pros were released.

Mac sales in the June quarter came in at $8.05 billion, a 15% increase on a year-over-year basis. Apple released a new version of what it calls its best-selling laptop, the MacBook Air, earlier this year.

Apple has never broken out figures for the Vision Pro headset but they are included alongside Apple Watch and AirPods sales in the company's wearables, or other products, line item. Analysts believe the company's Vision Pro revenue is negligible.

MacBook, iPads and Vision Pro put together are significantly less than Apple's iPhone revenue, which accounted for over 47% of revenue in the company's June quarter at just under $45 billion. Wall Street analysts tend to focus on iPhone sales and growth over the company's secondary product lines.

watch now
2025-10-15 13:30 4mo ago
2025-10-15 09:20 4mo ago
American Antimony Corporation Identifies Two Additional High-Grade Stockpiles for Testing, Expanding Near-Term Ore Inventory by up to 13,000 Tonnes at the American Antimony Project, Bernice Canyon, Nevada stocknewsapi
XTPT
AUSTIN, TX / ACCESS Newswire / October 15, 2025 / American Antimony Corporation (OTCID:XTPT), operating as Xtra Energy Corporation, is pleased to announce the identification of two additional surface stockpiles for metallurgical testing and sampling at the Company's flagship American Antimony Project in Nevada's historic Bernice Canyon District. These new discoveries significantly expand the volume of readily accessible, high-grade material available for near-term commercial testing and processing.
2025-10-15 13:30 4mo ago
2025-10-15 09:20 4mo ago
TPG & Corpay Complete Acquisition of AvidXchange stocknewsapi
AVDX
October 15, 2025 09:20 ET

 | Source:

AvidXchange

CHARLOTTE, N.C., Oct. 15, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (“AvidXchange” or the “Company”) (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions, today announced that TPG and Corpay have completed their previously announced acquisition of the Company for $10.00 per share. The acquisition established AvidXchange as a private company valued at approximately $2.2 billion.

“We are truly excited to chart the next chapter in AvidXchange’s growth trajectory with the support of TPG and Corpay. As a private company, we look forward to building upon our 25+ years of industry leadership by accelerating innovation, delivering new and enhanced solutions to our customers, and creating further opportunities for our team,” said Mike Praeger, CEO of AvidXchange. “TPG and Corpay’s partnership will provide the necessary resources and long-term vision to help us scale our platform, capitalize on our momentum, and expand our ability to transform the AP process for our customers nationwide.”

“AvidXchange has long been at the forefront of AP automation, continuously innovating to streamline complex corporate payment workflows,” said John Flynn, Partner at TPG. “We’re excited to join forces with Corpay to partner with Michael and the AvidXchange team to accelerate growth and unlock its long-term potential as a private company,” added Tim Millikin, Partner at TPG.

“We’re thrilled to be in the game with Mike and his management team, and we see a path to a much higher growth and more profitable company over the midterm,” said Ron Clarke, Chairman and CEO of Corpay.

In the transaction, TPG acquired a majority interest in AvidXchange through TPG Capital, the firm’s large-scale U.S. and European private equity platform, and Corpay acquired a minority interest in the Company. The transaction was announced on May 6, 2025, approved by AvidXchange shareholders on September 16, 2025, and closed on October 15, 2025, following the satisfaction of required regulatory approvals and other customary closing conditions.

As a result of the closing of the transaction, AvidXchange shares have ceased trading and AvidXchange is no longer publicly listed on the Nasdaq Global Select Market.

Advisors
Financial Technology Partners and Barclays acted as financial advisors to AvidXchange. Latham & Watkins LLP acted as the Company’s legal advisor.

J.P. Morgan Securities LLC, Moelis & Company and RBC Capital Markets acted as financial advisors to TPG, and Davis Polk & Wardwell LLP and Schulte Roth & Zabel LLP acted as legal counsel to TPG.

Goldman Sachs acted as financial advisor to Corpay, and Eversheds Sutherland acted as legal counsel to Corpay.

About AvidXchange™
AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle market businesses and their suppliers. AvidXchange’s software-as-a-service-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,500 businesses and it has made payments to more than 1,350,000 supplier customers of its buyers over the past five years. To learn more about how AvidXchange is transforming the way companies pay their bills, visit www.AvidXchange.com.

About TPG
TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $261 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.

About Corpay
Corpay (NYSE: CPAY), the Corporate Payments Company, is a global S&P 500 provider of commercial cards (e.g, business cards, fleet cards, virtual cards) and AP automation solutions (e.g., invoice and payments automation, cross border payments) to businesses worldwide. Our solutions “keep business moving” and result in our customers better controlling purchases, mitigating fraud, and ultimately spending less. To learn more, visit www.corpay.com.

Contacts:

TPG
Courtney Power
[email protected]

Corpay
Investor Contact:
Jim Eglseder
[email protected]
770.417.4697

AvidXchange
Investor Contact:
Subhaash Kumar
[email protected]
813.760.2309

This press release was published by a CLEAR® Verified individual.
2025-10-15 13:30 4mo ago
2025-10-15 09:20 4mo ago
CEO.CA's Inside the Boardroom: NOA Lithium Announces Preliminary Economic Assessment Results For Rio Grande Project stocknewsapi
NLIBF
October 15, 2025 9:20 AM EDT | Source: CEO.CA Technologies Ltd.
Toronto, Ontario--(Newsfile Corp. - October 15, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.

Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.

Meet the Executive Shaping the Mining Landscape

'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.

We caught up with Gabriel Rubacha, CEO of NOA Lithium Brines Inc. (TSXV: NOAL) (FSE: N7N). Follow what investors are saying and join our community: https://ceo.ca/noal.

NOA Lithium Brines Inc.
(TSXV: NOAL) (FSE: N7N)

Cannot view this video? Visit:
https://www.youtube.com/watch?v=0sJaSEE-PKs

Tune in to 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit CEO.CA or our YouTube page for hundreds more executive interviews from CEO.CA here.

Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at [email protected] for further details and opportunities.

About CEO.CA

The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.

CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.

Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement

The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270520
2025-10-15 13:30 4mo ago
2025-10-15 09:21 4mo ago
Bank of America Q3 financial results top estimates, boosted by investment banking fees stocknewsapi
BAC
Bank of America Corp (NYSE:BAC) on Wednesday reported better than expected financial results for its third quarter 2025, propelled by a 43% increase in its investment banking revenue.  

The bank's total revenue for the quarter rose 10.8% year over year to $28.24 billion, exceeding the $27.5 billion analyst consensus estimate, according to a survey conducted by LSEG.  

Bank of America also saw its profit for the period climb 23% to $8.5 billion, or $1.06 per share, better than Wall Street expectations of $0.95 per share.  

The company recorded $2 billion in investment banking fees during the quarter, surpassing estimates by about $380 million. 

“With continued organic growth, every line of business reported top and bottom-line improvements,” Bank of America CEO Brian Moynihan said in a statement.  

“Strong loan and deposit growth, coupled with effective balance sheet positioning, resulted in record net interest income.” 

Bank of America’s net interest income improved by 9% in the quarter to $15.39 billion.  

The company also set aside about 13% less for credit loss provisions during the period. 

Bank of America is the second-largest US bank by assets.  

Its shares rose nearly 5% in pre-market trading on Wednesday.  
2025-10-15 13:30 4mo ago
2025-10-15 09:22 4mo ago
Build-A-Bear: 3 Reasons I'm Not Concerned About The Charlie Kirk Issue stocknewsapi
BBW
Analyst’s Disclosure:I/we have a beneficial long position in the shares of BBW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-15 13:30 4mo ago
2025-10-15 09:24 4mo ago
Morgan Stanley reports record Q3 earnings, shares jump stocknewsapi
MS
Morgan Stanley (NYSE:MS) shares moved 4.4% higher before the opening bell on Wednesday after the bank’s third quarter earnings beat Wall Street expectations across all divisions, driven by strong trading, investment banking, and wealth management performance.

Earnings per share were $2.80, beating estimates of $2.10 and rising 49% from a year earlier.

Revenue climbed 18.5% to $18.22 billion, surpassing forecasts of $16.69 billion, while net income rose to $4.6 billion from $3.2 billion.

The firm’s return on tangible common equity (ROTCE) reached a record 23.5%.

Jefferies analysts wrote that the results demonstrated “well-rounded strength,” noting broad-based outperformance and improved efficiency, with an efficiency ratio of 66.9% versus a 70% long-term target.

The Institutional Securities Group posted $8.5 billion in revenue, led by a 35% surge in equities trading and a 44% rebound in investment banking, driven by debt and equity issuance.

Wealth Management earned $8.2 billion, with a pre-tax margin of 31.3% and $81 billion in net new assets, while Investment Management contributed $1.7 billion, supported by $16.5 billion in long-term inflows.

Morgan Stanley repurchased $1.1 billion in stock during the quarter and maintained a CET1 ratio of 15.2%.

“Our Integrated Firm delivered an outstanding quarter with strong performance in each of our businesses globally,” Morgan Stanley CEO Ted Pick said in a statement. “Consistent execution of our strategy led to record revenues of $18.2 billion, EPS of $2.80, and a ROTCE of 23.5%.”
2025-10-15 13:30 4mo ago
2025-10-15 09:25 4mo ago
NOTICE TO DISREGARD -- Flow Traders stocknewsapi
FLTDF
Denver, CO, Oct. 15, 2025 (GLOBE NEWSWIRE) -- We are advised by Flow Traders that journalists and other readers should disregard the news release, "Flow Traders Global Diversified Trading Competition Kicks Off: Leading a New Era in Financial Talent Selection " issued October 10th, 2025, over GlobeNewswire. 
2025-10-15 13:30 4mo ago
2025-10-15 09:25 4mo ago
OUTFRONT and AWS USHER IN A NEW ERA FOR OUT-OF-HOME ADVERTISING stocknewsapi
OUT
Marks a Major Step Toward Digitizing and Automating OOH with AI-Enabled Workflows

, /PRNewswire/ -- In a significant industry development, OUTFRONT Media Inc. (NYSE: OUT), one of the largest and most trusted out-of-home ("OOH") media companies in North America, today announced a strategic partnership with Amazon Web Services ("AWS") to modernize OOH planning and buying through AI-enabled workflows.

The initiative will enable the planning, purchasing, and measurement of static and digital OOH inventory end-to-end using natural language via intelligent agents. This collaboration will position OUTFRONT at the forefront of OOH's digital transformation, creating new opportunities and advancing the way agencies and brands access, transact, and measure media in smarter, more efficient ways.

"This is not just a modernization effort, it's a structural leap for the OOH industry," said Premesh Purayil, Chief Technology Officer at OUTFRONT Media. "We're excited to tap into the flexibility, reliability, and scalability of the world's leading cloud, which will give agencies the ability to access OOH inventory in real time, execute buys through AI-native workflows, and measure campaign performance within the same omnichannel stack they're used to in digital media."

This initiative is designed to bridge the connection between OOH and digital and programmatic tools, bringing the category into much closer alignment with online, mobile, and connected TV. Through AWS's cloud infrastructure and AI services, and utilizing MadConnect's Model Context Protocol-enabled agentic workflows, agencies will potentially deliver new efficiencies such as:

Querying real-time inventory using natural language prompts
Accessing inventory availability across static and digital formats
Placing OOH media buys via AI agents – direct and programmatic channels
Surfacing data-driven insights and optimizing campaigns with AI agents
Automating reporting and performance analysis within one system

"OUTFRONT has a powerful vision to transform how agencies and brands can use agentic AI to maximize the impact of their investment in out-of-home," said Rich Geraffo, vice president & managing director, AWS North America. "We're thrilled to work closely with the OUTFRONT and MadConnect teams to bring that vision to life on AWS and help deliver new capabilities to our mutual customers in the world of advertising."

OUTFRONT, AWS, and MadConnect are working together to modernize the OOH category, combining OUTFRONT's scale, AWS's cloud and AI services, and MadConnect's AI and data expertise. By standardizing OOH inventory for programmatic platforms and AI agents, the partnership will transform a traditionally manual channel into a digitized, cloud-enabled marketplace, driving greater efficiency, transparency, and long-term growth.

"We believe this moment will be remembered as the point when OOH moved from the periphery of media planning into the heart of the digital ecosystem," said Bob Walczak, CEO of MadConnect. "It's not just about digitizing, it's about rethinking how media gets planned, bought, and measured through the lens of an AI-enabled infrastructure."

The longer-term vision driving this collaboration is for agencies and brands to be able to plan, purchase, and measure all aspects of their campaigns via one connected workflow through:

Media Inventory and Data Integration: OUTFRONT's formats, locations, pricing, availability, audience indexing and measurement. 
MadConnect Intelligent Connectivity Layer: Connects agencies to OUTFRONT on-demand and automates the building, orchestration, and maintenance of API connections across the AdTech/MarTech ecosystem.
Full OOH Coverage: Both static and digital OOH will be included, bringing scale and visibility to areas previously out of reach.

OUTFRONT has begun discussions with key clients, including the holding companies, for omnichannel integration into their planning systems, with new developments to be announced as they become finalized.

About OUTFRONT Media Inc.
OUTFRONT is one of the largest and most trusted out-of-home media companies in the U.S., helping brands connect with audiences in the moments and environments that matter most. As OUTFRONT evolves, it's defining a new era of in-real-life (IRL) marketing, turning public spaces into platforms for creativity, connection, and cultural relevance. With a nationwide footprint across billboards, digital displays, transit systems, and other out-of-home formats, OUTFRONT turns creative into powerful real-world experiences. Its in-house agency, OUTFRONT STUDIOS, and award-winning innovation team, XLabs, deliver standout storytelling, supported by advanced technology and data tools that can drive measurable impact.

Cautionary Statement Regarding Forward-Looking Statements
We have made statements in this document that are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of forward-looking terminology such as "will" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions related to our capital resources, portfolio performance and results of operations. Forward-looking statements involve numerous risks and uncertainties and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise and may not be able to be realized. We do not guarantee that the transactions and events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: declines in advertising and general economic conditions; the severity and duration of pandemics, and the impact on our business, financial condition and results of operations; competition; government regulation; our ability to operate our digital display platform; losses and costs resulting from recalls and product liability, warranty and intellectual property claims; our ability to obtain and renew key municipal contracts on favorable terms; content-based restrictions on outdoor advertising; seasonal variations; acquisitions and other strategic transactions that we may pursue could have a negative effect on our results of operations; dependence on our management team and other key employees; experiencing a cybersecurity incident; changes in regulations and consumer concerns regarding privacy, information security and data, or any failure or perceived failure to comply with these regulations or our internal policies; our substantial indebtedness; restrictions in the agreements governing our indebtedness; our failure to remain qualified to be taxed as a real estate investment trust; and other factors described in our filings with the Securities and Exchange Commission (the "SEC"), including but not limited to the section entitled "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 28, 2025. All forward-looking statements in this document apply as of the date of this document or as of the date they were made and, except as required by applicable law, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.

CONTACTS:
Public Relations:

Courtney Richards
OUTFRONT Media
646-876-9404
[email protected]

Investor Relations:

Stephan Bisson
OUTFRONT Media
212-297-6573
[email protected]

SOURCE OUTFRONT Media Inc.

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

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In
2025-10-15 13:30 4mo ago
2025-10-15 09:25 4mo ago
ANET Stock To $181? stocknewsapi
ANET
CANADA - 2025/09/13: In this photo illustration, the Arista Networks logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)

SOPA Images/LightRocket via Getty Images

Arista Networks (NYSE: ANET) stock dropped by 6% on October 14, and is now trading at $139. This decline was triggered by investor concern over new reports. Specifically, reports that Meta and Oracle plan to adopt NVIDIA's Spectrum-X Ethernet networking devices for their AI data centers were perceived as a significant competitive threat to Arista, a major provider of cloud networking solutions.

Our algorithm-based multi-factor evaluation indicates that it might be the right time to purchase additional ANET shares. Overall, we maintain a positive outlook on the stock, and a target price of $181 seems feasible. We think there is nothing to fear in ANET stock, considering its overall Very Strong operational performance and financial health. Therefore, despite its Very High valuation, the stock is seen as Attractive but Volatile.

Here is our evaluation:

Our Stock Opinion – ANET

Trefis

ANET stock has seen a notable decline recently, and we see it as attractive yet volatile. While this might seem like an opportunity, there is substantial risk in depending on a single stock. Conversely, a broader diversified strategy that we apply with the Trefis High Quality Portfolio provides significant value. Let us pose this question: Over the past 5 years, which index do you think the Trefis High Quality Portfolio outperformed: the S&P 500, S&P 1500 Equal Weighted, or both? The response may surprise you. Discover how our advisory framework assists in tilting the odds in your favor.

Let’s delve into the details of each of the evaluated factors, but before that, for a quick background: With $174 Bil in market capitalization, Arista Networks delivers cloud networking solutions on a global scale, as well as post-contract services such as technical support, hardware repair, parts replacement, bug fixes, patches, and upgrades.

[1] Valuation Appears Very HighANET Valuation

Trefis

This table illustrates how ANET is valued compared to the broader market. For more details, see: ANET Valuation Ratios

[2] Growth Is Very StrongArista Networks has experienced its top line grow at an average rate of 32.1% over the past 3 yearsIts revenues have increased by 26% from $6.3 Bil to $8.0 Bil in the last yearAdditionally, its quarterly revenues rose by 30.4% to $2.2 Bil in the most recent quarter from $1.7 Bil a year earlier.ANET Revenue Growth

Trefis

This table shows how ANET is growing compared to the broader market. For additional details, see: ANET Revenue Comparison

[3] Profitability Appears Very StrongANET's operating income for the last 12 months was $3.4 Bil, representing an operating margin of 43.1%With a cash flow margin of 50.9%, it generated almost $4.0 Bil in operating cash flow during this timeIn the same period, ANET produced nearly $3.3 Bil in net income, resulting in a net margin of approximately 40.9%ANET Profitability

Trefis

This table illustrates how ANET's profitability compares with the broader market. For further details, see: ANET Operating Income Comparison

[4] Financial Stability Appears Very StrongANET Debt was $0.0 at the conclusion of the most recent quarter, while its current Market Cap is $174 Bil. This indicates a Debt-to-Equity Ratio of 0.0%ANET Cash (including cash equivalents) constitutes $8.8 Bil of $17 Bil in total Assets. This translates to a Cash-to-Assets Ratio of 53.5%ANET Financial Stability

Trefis

[5] Downturn Resilience Appears StrongANET has proven to be more resilient than the S&P 500 index during various economic downturns. Our assessment is based on (a) the extent of the stock's decline and (b) the speed of its recovery.

2022 Inflation Shock

ANET stock declined by 38.4% from a peak of $36.71 on December 27, 2021, to $22.61 on June 16, 2022, compared to a peak-to-trough drop of 25.4% for the S&P 500.However, the stock completely recovered to its pre-Crisis peak by March 8, 2023Since then, the stock has risen to a maximum of $158.23 on October 9, 2025, and is currently valued at $138.79ANET Stock Performance During The 2022 Inflation Shock

Trefis

2020 COVID-19 Pandemic

ANET stock experienced a 34.0% decline from a peak of $14.88 on January 24, 2020, to $9.81 on March 16, 2020, whereas the S&P 500 had a peak-to-trough drop of 33.9%.However, the stock completely recovered to its pre-Crisis high by July 23, 2020ANET Stock Performance During The 2020 Covid-19 Pandemic

Trefis

However, the risk extends beyond significant market declines. Stocks can drop even in favorable market conditions – consider events like earnings reports, business announcements, and changes in outlook. Review ANET Dip Buyer Analyses to observe how the stock has bounced back from sharp drops in the past.

The Trefis High Quality (HQ) Portfolio, featuring 30 stocks, has consistently outperformed its benchmark that includes the S&P 500, Russell, and S&P midcap indexes—and has achieved returns exceeding 105% since its inception. Why is this the case? Collectively, HQ Portfolio stocks have provided superior returns with lower risk compared to the benchmark index, leading to a smoother investment experience, as demonstrated by HQ Portfolio performance metrics.
2025-10-15 13:30 4mo ago
2025-10-15 09:25 4mo ago
David Ellison may disclose bid for Warner Bros. Discovery in coming days: sources stocknewsapi
WBD
Media mogul David Ellison is preparing to finally submit an official merger bid for Warner Bros. Discovery, On The Money has learned – but don’t expect wedding bells and rose petals anytime soon.

Ellison – who has stayed eerily silent since reports leaked last month that his media giant Paramount Skydance might bid for WBD – could disclose a takeover bid as soon as this week for the owner of the Warner Bros. studio, HBO and CNN, sources close to the situation said.

The process is fluid, and it’s also possible that a bid will get delayed once again or not submitted at all, the sources added.

Larry Ellison — with his son David — could disclose a takeover bid as soon as this week for the owner of the Warner Bros. studio, HBO and CNN, sources close to the situation said. Getty Images
If an offer does surface, insiders noted that talks could take a decidedly persnickety turn as Ellison begins haggling with David Zaslav, the wily, deal-savvy CEO of WBD. 

As I reported this week, “Zas” has signaled that he wants $30 a share and maybe more for his company — and that Ellison’s reported $20-a-share offer is a nonstarter. The stock on Tuesday closed at $17.98.

As I have also reported, Ellison has been in talks with buyout giant Apollo Global Management to finance any bid, as his dad Larry Ellison – the world’s second-richest person with a net worth approaching $400 billion – may have a limited appetite for media deals. 

If the Ellisons and their partners at media conglomerate RedBird Capital do respond with a publicly disclosed bid in the coming days, don’t count them meeting Zaslav’s dream bid, sources close to the situation said.

“The Ellisons aren’t going to overpay for this dumpster fire,” a source close to Ellison told On The Money.

Warrner Bros. Discovery CEO David Zaslav Getty Images for HBO Max
Of course, in any merger dance, both sides like to control the narrative to gain an edge. In the case of Ellison, the plan is to persuade Zaslav’s board that WBD needs to be sold, and that there are no other viable buyers given antitrust concerns that will negate a Netflix or Amazon coming in to pay top dollar for the assets.

And with CEOs, money can make even the most hardened rivalries melt. if Ellison comes close to what Zaslav sees as a fair deal, you can bet both he and Ellison will be all smiles in announcing the new firm of Paramount Skydance WBD, or however the alphabet soup arranges itself.

For now, however, the Ellisons are mounting a PR campaign with reporters to degrade Zaslav’s two-year record as head of WBD, the product of the 2023 merger of Discovery Inc., and Warner Media.

“Zaslav has missed just about every earnings projection, his stock has racked up billions in losses and his compensation compared to his employees is 2,900 to 1,” the source close to Ellison said.

A source quipped that Ellison “is not dealing with Shari Redstone now,” implying that the media heiress who sold Paramount to Ellison for $8 billion wasn’t the skilled negotiator that Zaslav is. Bloomberg via Getty Images
On the other hand, a source familiar with Zaslav’s thinking counters that Ellison did, in fact, overpay for Paramount – a hot mess of a media conglomerate that amounts to a “s–t studio” plus a “melting ice cube” of shrinking, has-been cable-TV networks like MTV and Comedy Central.

Likewise, the source opined that Ellison also overpaid when he shelled out $1.1 billion for Ultimate Fighting Championship. Most recently, Ellison ponied up $150 million for Bari Weiss’s news site, The Free Press, which generates just $15 million in revenue.

“He’s not dealing with Shari Redstone now,” the source quipped, implying that the media heiress who sold Paramount to Ellison for $8 billion wasn’t the skilled negotiator that Zaslav is, having waited too long to unload her shrinking empire.

Zaslav’s studio also was the first to crack more $4 billion in revenues this year amid a string of hits like “The Minecraft Movie” and “Alto Nights”. Unlike Paramount, he has a profitable streaming service, with HBO Max being the third largest behind Netflix and Amazon. 

The Warner Bros. studio in Hollywood was the first to crack $4 billion in revenues this year with a string of hits. Getty Images
Meanwhile, Zaslav has slashed debt, and the corporate restructuring he envisions for early next year has been applauded by analysts who agree the streaming and studio units alone are worth upwards of $30 a share.

So far, Zaslav also has the support of the WBD board. They believe that once the company is split in two, there will be other bidders like Netflix, Amazon and even Apple to acquire content and a studio. Zaslav believes the pressure is on Ellison to move fast so he isn’t competing with these large players. 

Given Skydance’s thin balance sheet, Ellison is also reliant on borrowed money, whether it’s from private equity firms like Apollo – or from his dad.

A spokeswoman for Paramount Skydance had no comment; a rep for Zaslav didn’t return a request for comment.