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2025-10-11 00:06 5mo ago
2025-10-10 19:50 5mo ago
IGC Pharma Announces Results of 2025 Annual Meeting of Stockholders stocknewsapi
IGC
POTOMAC, MARYLAND / ACCESS Newswire / October 10, 2025 / IGC Pharma, Inc. ("IGC Pharma," "IGC," or the "Company") (NYSE American:IGC), a clinical-stage biotechnology company leveraging AI to develop innovative treatments for Alzheimer's disease, today announced that during its Annual Meeting of Stockholders scheduled for and convened on October 10, 2025 (the "Annual Meeting"), all proposals as disclosed on the Definitive Proxy Statement on Schedule 14A filed with the SEC on August 18, 2025, were passed by the requisite vote of the stockholders. Only stockholders of record on the record date of July 28, 2025, were entitled to and requested to vote at the Annual Meeting.
2025-10-11 00:06 5mo ago
2025-10-10 19:50 5mo ago
Fitzroy Minerals Notes A Correction In 2025 Management Information Circular stocknewsapi
FTZFF
Vancouver, British Columbia – October 10, 2025 – TheNewswire - Fitzroy Minerals Inc. (TSXV: FTZ, OTCQB: FTZFF) (“Fitzroy” or the “Company”) notes a correction to the Management Information Circular (the “Circular”) posted on SEDAR+ on September 25, 2025 for the Company’s annual general and special meeting (the "Meeting") to be held on Friday, October 24, 2025, at 3:00 pm (Pacific Time) at Suite 1400 - 1050 West Pender Street, Vancouver, BC, V6E 3S7.

On page 3 of the Circular, the last paragraph under “Voting Shares and Principal Holders Thereof” indicates that, “To the knowledge of the directors and executive officers of the [Company], no person beneficially owns, or exercises control or direction over, directly or indirectly, [common shares] carrying more than 10% of the voting rights attached to all outstanding Shares of the [Company].”

This disclosure is incorrect. Ptolemy Capital Limited, a company controlled by Mr. Matthew Gordon, holds 70,844,062 common shares, representing 25.8% of the issued and outstanding common shares of the Company. An amended version of the Circular has been filed under the Company’s SEDAR+ profile at www.sedarplus.ca.

Shareholders wishing to obtain the amended Circular by email should send their request to Queenie Kuang, Chief Financial Officer and Corporate Secretary, at [email protected].  

About Fitzroy Minerals

Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside potential in the Americas. The Company’s current property portfolio includes the Buen Retiro Copper Project located near Copiapó, Chile, the Caballos Copper and Polimet Gold-Copper-Silver projects located in Valparaiso, Chile, the Taquetren Gold Project located in Rio Negro, Argentina, and the Cariboo Project in British Columbia, Canada. Fitzroy Minerals’ shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQB under the symbol FTZFF.

On behalf of Fitzroy Minerals Inc.

Merlin Marr-Johnson

President and CEO

For further information, please contact:

Merlin Marr-Johnson

[email protected]

+447803712280

For more information on Fitzroy Minerals, please visit the Company's website: www.fitzroyminerals.com

Neither Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
2025-10-11 00:06 5mo ago
2025-10-10 19:50 5mo ago
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Charter Communications stocknewsapi
CHTR
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Charter To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Charter between July 26, 2024 and July 24, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Charter Communications, Inc. ("Charter" or the "Company") (NASDAQ: CHTR) and reminds investors of the October 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

James (Josh) Wilson, Faruqi & Faruqi Senior Partner (PRNewsfoto/Faruqi & Faruqi, LLP)

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (i) the impact of the ACP end was a material event the Company was unable to manage or promptly move beyond; (ii) the ACP end was actually having a  sustaining  impact  on  Internet  customer  declines and  revenue;  (iii)  neither  was  the  Company executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (iv) the Internet customer declines and broader failure of Charter's execution strategy created much greater risks on business plans and earnings growth than reported; (v) accordingly, the Company had no reasonable basis to state the Company was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long term trajectory of the Company and EBITDA growth; and (iv) as a result of the foregoing, Defendants materially misled with, and/or lacked a reasonable basis for, their positive statements about the Company's business, operations, outlook during the Class Period.

On July 25, 2025, Charter released its second quarter 2025 financial results, reporting that total internet customers had declined by 117,000, compared to about 100,000 in the second quarter of 2024, when adjusted to remove the prior year's impact of the end of the Affordable Connectivity Program. The Company's total video customers also decreased by 80,000.

On this news, Charter's stock price fell $70.25 per share, or 18.5%, to close at $309.75 per share on July 25, 2025.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. 

Faruqi & Faruqi, LLP also encourages anyone with information regarding Charter's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Charter Communications class action, go to www.faruqilaw.com/CHTR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

SOURCE Faruqi & Faruqi, LLP

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2025-10-11 00:06 5mo ago
2025-10-10 19:59 5mo ago
Deveron Announces Amendment to Forbearance Agreement stocknewsapi
DVRNF
October 10, 2025 8:00 PM EDT | Source: Deveron Corp.
Toronto, Ontario--(Newsfile Corp. - October 10, 2025) - Deveron Corp. (TSXV: FARM) ("Deveron" or the "Company") announces that, further to its press release of April 28, 2025, the Company has entered into a first amending agreement to forbearance agreement (the "Amending Agreement") dated October 9, 2025, with Toronto Dominion Bank (the "Lender") amending the forbearance agreement (the "Forbearance Agreement") dated April 25, 2025, in connection with the repayment of a loan advanced by the Lender, which currently has a principal amount outstanding of approximately $25 Million in term debt and drawn on an operating line of credit (the "Loan"), pursuant to the terms of a secured credit agreement dated May 15, 2023, as amended (the "Credit Agreement"), among the Company, its subsidiary A&L, and the Lender. Subject to the terms of the Amending Agreement, the Lender has agreed to forbear from exercising its rights and remedies under the Credit Agreement in respect of or arising out of certain defaults under the Credit Agreement, until the earlier of (i) December 12, 2025, or (ii) the occurrence or existence of any Forbearance Termination Event (as defined in the Forbearance Agreement).

The Forbearance Agreement provides for the continuation of the Company's strategic review process, which involves a review and evaluation of strategic alternatives that may be available to the Company to satisfy its short-term liquidity needs.

The Company will provide an update when further disclosure is required or otherwise appropriate.

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

About Deveron: Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive unbiased interpretation of production decisions, ultimately recommending how to optimize input use.

For more information and to join our community, please visit www.deveron.com.

This news release includes certain "forward-looking statements" within the meaning of that phrase under Canadian securities laws. Without limitation, statements regarding future plans and objectives of the Company are forward looking statements that involve various degrees of risk. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world-wide price of agricultural commodities, general market conditions, risks inherent in agriculture, the uncertainty of future profitability and the uncertainty of access to additional capital. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedarplus.ca. The Company undertakes no obligation to update this forward-looking information except as required by applicable law. The Company relies on litigation protection for forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270102
2025-10-11 00:06 5mo ago
2025-10-10 20:02 5mo ago
Wellfield Technologies Inc. Announces Failure to File Cease Trade Order stocknewsapi
WFLDF
October 10, 2025 8:02 PM EDT | Source: Wellfield Technologies Inc.
Toronto, Ontario--(Newsfile Corp. - October 10, 2025) - Wellfield Technologies Inc. (TSXV: WFLD) (OTC Pink: WFLDF) (FSE: K8D) ("Wellfield" or the "Company") announces that the management cease trade order granted on July 30, 2025, by its principal regulator, the British Columbia Securities Commission (the "BCSC") has expired and the BCSC has issued a failure-to-file case trade order (the "FFCTO") to the Company under Multilateral Instrument 11-103 - Failure-To-File Cease Trade Orders In Multiple Jurisdictions, prohibiting the trading in or the purchasing of any securities of the Company by any person or company in Canada, including trades in the Company's common shares made through the TSX Venture Exchange (the "TSXV"), except in accordance with the following conditions:

a beneficial securityholder of the Company who is not, and was not at the date of the FFCTO an insider or control person of the Company, may sell securities of the Company acquired before the date of October 2, 2025 if both of the following apply: (a) the sale is made through a "foreign organized regulated market", as defined in section 1.1 of the Universal Market Integrity Rules of the Canadian Investment Regulatory Organization; and (b) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation.

The FFCTO was issued as a result of the delay in the filing of the Company's annual audited financial statements for the year ended March 31, 2025, management's discussion and analysis for the period ended March 31, 2025 and the related annual filings (the "Annual Filings") and the interim financial report for the period ended June 30, 2025, management's discussion and analysis for the periods ended June 30, 2025, and interim related filings (the "Interim Filings" and with the Annual Filings, the "Required Filings").

The delay in completing the Required Filings was due to unforeseen extenuating circumstances resulting in resourcing challenges within the Company.

In addition, as a result of the FFCTP, the TSXV imposed a halt of trading of the Company's common shares on October 3, 2025.

The Company currently anticipates completing and filing the Annual Filings on or before October 29, 2025, with the Interim Filings, to follow shortly thereafter.

Management is actively working with its auditor to complete the Required Filings as soon as possible to facilitate the reinstatement of trading in the Company's common shares on the TSXV and will provide updates as further information becomes available.

About Wellfield

Wellfield Technologies, Inc. (TSXV: WFLD) is a leading fintech company specializing in innovative solutions leveraging blockchain technology. Our platform Coinmama, provide seamless access to the cryptocurrency market for over 3.5 million registered users across 180 countries. Additionally, Wellfield operates Tradewind Markets platform to digitize and trade real-world assets, including our flagship VaultChain™ Gold and VaultChain™ Silver products.

Join Wellfield's digital community on LinkedIn and Twitter, and for more details, visit wellfield.io.

Cautionary Notice on Forward-Looking Statements

This news release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information, including the anticipated date that the Company expects to complete its Required Filings. Forward-looking information in this news release are based on the Company's current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward- looking information necessarily involves known and unknown risks and uncertainties, which may cause the Company's actual performance and results in to differ materially from any projections of future performance or results expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to general business, financial market, economic, competitive, political and social uncertainties. There can be no assurance that forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated. Readers are cautioned that the foregoing list is not exhaustive and readers are encouraged to review the disclosure documents accessible on the Company's SEDAR+ profile at www.sedarplus.ca. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) has approved nor disapproved the contents of this news release, nor do they accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270101
2025-10-10 23:06 5mo ago
2025-10-10 17:36 5mo ago
Bitcoin plummets below $110K as Trump announces 100% tariffs on China cryptonews
BTC
38 minutes ago

Bitcoin plunged to $102,000 in the Binance perpetual futures pair after Trump announced sweeping tariffs on China on Friday, reigniting fears of a broader trade and market sell-off.

2919

US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin (BTC) reeling below $110,000 at the time of writing.

Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social:

“It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make.”Source: Donald TrumpTrump’s first tariff announcements in April sent shockwaves through crypto markets and sparked fears of a recession.

Bitcoin falls to $102,000, a 3-month lowShortly after President Trump’s announcement, Bitcoin’s BTC/USDT futures pair at Binance exhcange fell as low as $102,000, which is a low not seen since late June when BTC dropped under $100,000.

Bitcoin spot prices at Coinbase hit an intraday low of $107,000 while data from CoinGlass shows $9.40 billion total crypto market positions liquidated in the past 24-hours, with $7.15 billion being leveraged longs.

Total crypto market liquidations. Source: CoinGlassTariff pressure and chip accessRare earth elements are essential for semiconductor production. By threatening to tighten access to critical materials, China strains the global hardware pipeline, including for AI, high-performance computing and crypto mining infrastructure.

Meanwhile, US measures targeting Chinese tech exports and investment are part of a broader push to curb dependency on foreign manufacturing.

Broader crypto markets turned red following the tariff announcement, with Ether (ETH) and Solana (SOL) extending losses alongside Bitcoin, down 12% and 14%, respectively, at the time of writing.

The global crypto market capitalization is at $3.64 trillion at this writing, with an 11.80% decrease over the last 24 hours.

Additional reporting by Ana Paula Pereira. This is a developing story, and further information will be added as it becomes available.
2025-10-10 23:06 5mo ago
2025-10-10 17:36 5mo ago
Bitcoin plummets to $102K on Binance as Trump announces 100% tariffs on China cryptonews
BTC
41 minutes ago

Bitcoin plunged to $102,000 in the Binance perpetual futures pair after Trump announced sweeping tariffs on China on Friday, reigniting fears of a broader trade and market sell-off.

3239

US President Donald Trump announced a 100% tariff on China on Friday, sending the price of Bitcoin (BTC) reeling below $110,000 at the time of writing.

Trump said the tariffs were in response to China attempting to place export restrictions on rare earth minerals, which are crucial for creating computer chips. Trump wrote on Truth Social:

“It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1, 2025, impose large-scale Export Controls on virtually every product they make.”Source: Donald TrumpTrump’s first tariff announcements in April sent shockwaves through crypto markets and sparked fears of a recession.

Bitcoin falls to $102,000, a 3-month lowShortly after President Trump’s announcement, Bitcoin’s BTC/USDT futures pair at Binance exchange fell as low as $102,000, which is a low not seen since late June when BTC dropped under $100,000.

Bitcoin spot prices at Coinbase hit an intraday low of $107,000 while data from CoinGlass shows $9.40 billion total crypto market positions liquidated in the past 24-hours, with $7.15 billion being leveraged longs.

Total crypto market liquidations. Source: CoinGlassThe wider crypto market also succumed to the carnage, with Ether (ETH) falling to

Tariff pressure and chip accessRare earth elements are essential for semiconductor production. By threatening to tighten access to critical materials, China strains the global hardware pipeline, including for AI, high-performance computing and crypto mining infrastructure.

Meanwhile, US measures targeting Chinese tech exports and investment are part of a broader push to curb dependency on foreign manufacturing.

Broader crypto markets turned red following the tariff announcement, with Ether (ETH) and Solana (SOL) extending losses alongside Bitcoin, down 12% and 14%, respectively, at the time of writing.

The global crypto market capitalization is at $3.64 trillion at this writing, with an 11.80% decrease over the last 24 hours.

Additional reporting by Ana Paula Pereira. This is a developing story, and further information will be added as it becomes available.
2025-10-10 23:06 5mo ago
2025-10-10 17:38 5mo ago
ASTER Price Prediction: Community Rage Over “Disappointing” Airdrop as ASTER Falls 20% to $1.55 – Is This the Bottom? cryptonews
ASTER
ASTER price prediction has turned bearish following a 20% slide amid community backlash over Stage 2 airdrop allocations and wash-trading concerns. Price has tested the $1.50–$1.56 support within a triangle, with $1.80–$2.12 resistance levels limiting recovery prospects.
2025-10-10 23:06 5mo ago
2025-10-10 17:44 5mo ago
Circle Expands USDC Use to AI Agent Payments With x402 Integration cryptonews
USDC
TLDR:

Circle integrates USDC with x402 to enable automated machine-to-machine payments at scale.
Gateway batching feature cuts gas costs for high-frequency micropayments across chains.
Circle works with Google on A2A and AP2 protocols for agentic crypto transactions.
Developers can explore AI agents paying in USDC for data, compute, and content.

Circle is moving to expand how AI systems transact online. The company announced efforts to link its USDC stablecoin to x402, a protocol designed for agentic transactions. The integration targets machine-to-machine micropayments that operate at scale. 

Circle also joins Google’s A2A and AP2 initiatives to test autonomous payments. These moves aim to enable AI agents to pay for services, data, or compute in real time.

According to a tweet from Circle, their approach focuses on programmable, interoperable, and fast payments for AI agents. They encourage developers and researchers to review the x402 GitHub proposal and contribute. 

The initiative represents a broader push to create financial infrastructure suitable for high-speed, low-friction machine transactions.

AI is transforming how software interacts with the world, and payments will be no exception. 

At Circle, we believe @USDC is uniquely suited for machine-to-machine micropayments. It is programmable, interoperable, and near-instantly usable across the open internet.

To explore… pic.twitter.com/kfWWzgfwIm

— Circle (@circle) October 10, 2025

Gateway x402 Integration Enables Multichain Micropayments
Circle Gateway already supports chain-abstracted USDC across multiple blockchains. By integrating with x402, it can handle thousands of transactions simultaneously. 

The new batching feature, soon on testnet, bundles transactions offchain to reduce gas costs. This allows micropayments to settle efficiently onchain, preserving finality while lowering costs.

The integration also supports cross-chain transactions. A buyer on one blockchain can pay a seller on another, using a single USDC balance. This creates a more flexible, interoperable environment for autonomous agents. 

Circle highlighted these features in a detailed x402 GitHub proposal, inviting ecosystem participation.

Developers can imagine AI assistants paying for each article read or compensating compute providers dynamically. Gateway’s structure supports such flows while ensuring transactions remain fast and composable. 

The system aims to address two key challenges: efficiency and multichain capability for autonomous operations.

Circle Joins Google’s A2A and AP2 Protocols
Circle is also contributing to Google’s Agent2Agent (A2A) and Agent Payments Protocol (AP2). 

Gateway’s capabilities provide the throughput required for these high-frequency payments. A2A facilitates direct AI-to-AI payments, while AP2 connects AI agents with humans and services.

This partnership positions Circle and Google to experiment with hybrid and autonomous payment models. Early prototypes will allow agents to transact for content, computation, and API usage. 

Circle describes these initiatives as part of its AI incubator, emphasizing real-world experimentation over theoretical models.

The company’s efforts underscore a focus on open development. By sharing proposals and demos, Circle hopes to set standards for future internet-native finance. Their work aims to make stablecoin payments seamless, programmable, and accessible for both humans and AI participants.
2025-10-10 23:06 5mo ago
2025-10-10 17:49 5mo ago
YZi Labs-backed Aster delays Stage 2 airdrop citing ‘potential data inconsistencies' cryptonews
ASTER
Some users complained about unexpectedly low token allocations quoted by the “S2 airdrop checker” deployed on Friday.
2025-10-10 23:06 5mo ago
2025-10-10 17:50 5mo ago
Texas Eyes Ether as Next Asset in State's Strategic Crypto Reserve cryptonews
ETH
TLDR

Texas has passed a law to establish a state-run Bitcoin reserve using taxpayer funds.
The crypto reserve bill requires any digital asset to maintain an average market cap of $500 billion over 24 months to qualify.
Bitcoin currently qualifies under the law with a market cap exceeding $2 trillion.
Senator Charles Schwertner stated that Ethereum could be considered if it sustains the required market cap.
The Texas comptroller is assessing regulated institutions to act as custodians for the reserve assets.

Texas passed a groundbreaking law this year to create a state-run Bitcoin reserve using taxpayer money. The law, signed by Governor Greg Abbott in June, aims to secure digital assets for long-term value. Senator Charles Schwertner, who sponsored the crypto reserve bill, confirmed that Ether could become the next asset added.

Bitcoin Qualifies as First Strategic Reserve Asset
Texas became the first U.S. state to allocate public funds to a crypto reserve bill. The law mandates any eligible cryptocurrency must maintain a $500 billion average market cap for 24 months. Currently, Bitcoin alone satisfies this criterion, with a market cap exceeding $2 trillion.

Senator Schwertner said, “We took the full punch [establishing] a reserve as well as the money behind it.” The law requires assets to be held in a special fund outside the state treasury. The state comptroller is currently reviewing qualified custodians and operational frameworks for the reserve.

The crypto reserve bill also specifies that custodians must be regulated entities within Texas or federal financial institutions. This approach ensures compliance and institutional oversight of taxpayer-backed reserves. The reserve is designed to provide long-term value and potential returns to the state.

Texas Considers Adding Ethereum to Crypto Reserve
Although Ethereum briefly reached the $500 billion cap in 2021, it fell below again recently, in late 2025. As of Friday, Ether’s market cap stood at $494 billion, just under the required threshold. The crypto reserve bill demands a sustained valuation, not short-term price spikes.

Senator Schwertner expressed interest in Ethereum’s inclusion, contingent on consistent market performance. “If Ethereum maintains its market cap over 24 months, I think it’s reasonable,” he said. He believes such a move could be prudent for the fund’s diversification.

Texas’ crypto reserve bill sets a strict bar for qualification, but the door remains open for other cryptocurrencies. The law offers flexibility by allowing other assets once they meet the set requirements. Ethereum’s market activity over the coming months will be closely monitored for this reason.

Other States Explore Digital Reserve Funds
Unlike Texas, other states have adopted more lenient versions of cryptocurrency legislation. Arizona passed a law in 2025 that utilizes seized digital assets for its cryptocurrency reserve bill. New Hampshire also authorized crypto investments through its treasury for assets meeting the market cap rule.

However, neither state used taxpayer funds directly, unlike Texas. Senator Schwertner emphasized Texas’ full commitment to building a robust digital reserve. He noted, “We’re the only state that actually put sovereign money, taxpayer money, toward the reserve.”

Federal efforts also support this trend, with President Trump’s executive order creating a national digital asset reserve in March. It included both a Strategic Bitcoin Reserve and a Digital Asset Stockpile. Officials said the program could be funded using confiscated assets or through budget-neutral methods.
2025-10-10 23:06 5mo ago
2025-10-10 17:51 5mo ago
Bitcoin Crashes Below $110K, $6.5B in Bets Liquidated on Further Trump Tariff on China cryptonews
BTC
Bitcoin’s Flash Crash Sees $7B Crypto Liquidation as Trump Ramps Up China Trade WarBTC tumbled 10% on Friday, while ETH, SOL and XRP crashed 15%-30% in a crypto flash crash as trade tensions escalate between the U.S. and China.Updated Oct 10, 2025, 10:45 p.m. Published Oct 10, 2025, 9:51 p.m.

Friday has gone from bad to worse for crypto assets as U.S. President Trump said he would impose an additional 100% tariff on China, sending prices cascading lower in a flash crash.

Bitcoin BTC$111,480.33, already trading weak at around $117,000 following Trump's late morning comments about threatening China with tariffs, tumbled below $110,000, down 12% over the past 24 hours. Ether ETH$4,005.03 tanked 16% below $3,700, while other major altcoins XRP$2.8211, solana SOL$201.48 and DOGE$0.2316 crashed 20%-30%. The native tokens of ADA$0.7842, Chainlink LINK$20.81 and Aave AAVE$267.09 fell as much as 40%

STORY CONTINUES BELOW

Friday's market meltdown lead to over $7 billion in liquidations from traders who bet on higher prices, according to CoinGlass.

The latest flare-up in trade tensions between U.S. and China occurred as Trump said he would increase tariffs in Chinese goods in response to China's export controls on rare earth metals. Then, after traditional markets closed for the week, he announced in an Truth Social post late Friday afternoon that he would impose an additional 100% tariff starting on November 1.

"Also on November 1, we will impose export controls on any and all critical software," he said.

Bitcoin fell $3,000 immediately at the time that post went live.

The violent price action was one for the ages, with some analysts comparing it to the market crash in March 2020 induced by the Covid-19 pandemic lockdowns.

"Covid level nukes," prominent trader Bob Loukas said about the crash in an X post. "Wow, nasty, nasty action. But also a great candidate for the mother of shakeouts," he added.

"Brutal day," said Ram Ahluwalia, founder of investment firm Lumida Wealth. "The Trump news combined with 'overbought' conditions led to a sharp decline."

"I know there are a lot of emotions right now and this flush is in the top 3 all time," well-followed trader Pentoshi posted, adding that altcoins dropped as violently as during the COVID crash. "There are a lot of people in incredible pain right now, myself included in that."

"The altcoin complex got absolutely eviscerated," said Zaheer Ebtikar, founder and is the CIO of crypto hedge fund Split Capital. "We’re at levels not seen in more than a year with regard to altcoins. Full leverage reset and market dislocation."

Read more: Trump Tariff Threat on China Sends Bitcoin Tumbling Below $119K

UPDATE (Oct. 10, 2025, 21:55 UTC): Adds updated liquidation figure.

UPDATE (Oct. 10, 2025, 22:12 UTC): Adds comments from traders.

More For You

Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report

More For You

Ether's 7% Plunge Leads Crypto Liquidations in $600M Carnage

4 hours ago

ETH declined the most among the CoinDesk 20 Index, falling twice as far as bitcoin.

What to know:

Ether led the CoinDesk 20 Index's decline as cryptos plunged on Trump's tariff threats against China.Over $600 million in leveraged positions were liquidated amid the market carnage, with ETH accounting for $235 million in liquidated long positions.ETH broke down critical support levels, but potential support might be forming just below $4,100 with buyers emerging.Read full story
2025-10-10 23:06 5mo ago
2025-10-10 17:54 5mo ago
Bitcoin Price Prediction: Is This 9% Crash the Calm Before a $130K Storm? cryptonews
BTC
After a 9% crash, investors ask: is Bitcoin done or just reloading? Bitcoin price prediction points to $130K potential ahead.
2025-10-10 23:06 5mo ago
2025-10-10 18:00 5mo ago
Double Zero – Could 2Z's 17% dip be a short-term shakeout? cryptonews
2Z
Journalist

Posted: October 11, 2025

Key Takeaways 
What caused Double Zero to drop 17% despite positive listing news? 
Low liquidity and rising selling pressure in the derivatives market triggered the sharp decline.

 Is there potential for a 2Z rebound? 
Yes, strong spot buying and a positive funding rate suggest renewed bullish sentiment and a possible recovery.

At the time of writing, Double Zero [2Z] saw a 17% decline in the last day, a move that came as a shock to investors after the asset had regained a positive outlook from its potential Coinbase listing.

The largest U.S. exchange reportedly plans to add the cryptocurrency to its listing roadmap after receiving a no-action letter from the Securities and Exchange Commission (SEC).

This is largely attributed to the decline in value to perpetual investors, driving market activity. Still, questions remain over whether this marks the beginning of a major downturn.

Low liquidity hits the market
Low liquidity circulating in the derivatives market has played a key role in 2Z’s fall over the past day.

CoinGlass data shows that Open Interest (OI) recorded a $7.3 million outflow, at press time, bringing it down to $46.5 million.

This outflow of capital, alongside the price decline, indicates that investors are growing fearful and that the asset could face a deeper downturn.

Source: CoinGlass

However, momentum has risen sharply, reaching a high of $297 million in the last day. This shows that the recent decline is heavily backed by volatility, which could cloud any potential rebound in the short term.

Likewise, the Taker Buy/Sell Ratio shows that sellers are dominating, with a reading of 0.95 on the chart, implying that selling pressure remains high.

Is this over for 2Z?
Further market analysis shows that there’s still a possibility for a rebound.

The Funding Rate, for context, shows that long investors are currently paying the most funding fees as they anticipate the market to move in their favor.

Source: Coinglass

The Open Interest Weighted Funding Rate shows that long positions control most of the liquidity still circulating in the derivatives market.

The positive OI-weighted funding rate on the chart indicates that the recent fallout has likely flushed out paper-handed investors

This shift offers a fresh outlook for a potential price recovery in the coming days. More confluence is beginning to surface across the market.

Spot buying grows
Spot trading activity has increased significantly in recent hours. On October 9, the asset recorded its highest spot purchases so far, totaling $8.7 million.

Interestingly, accumulation from the spot market is higher than total sales recorded in the derivatives market—a difference of around $1.4 million.

Source: CoinGlass

Typically, derivative contract closures exceed spot purchases. However, this time, the higher spot volume indicates that the sell-off may only be temporary.

With this growing spot interest and market sentiment shifting, likely, 2Z could soon stage an upward rally.
2025-10-10 23:06 5mo ago
2025-10-10 18:00 5mo ago
Binance Wallet Opens Pre-TGE Prime Sale for Proportional BNB Subscriptions cryptonews
BNB
TLDR:

Binance Wallet’s Pre-TGE Prime Sale allows early token access for mature crypto projects with proportional BNB subscriptions.
Tokens are credited post-subscription but remain non-tradable until the project’s official launch on Binance Alpha.
The first Pre-TGE Prime Sale project is announced October 10, 2025, offering verified user access and fair token distribution.
Users can deposit BNB up to a cap, with excess funds refunded automatically after token allocation.

Binance Wallet has introduced a new Pre-TGE Prime Sale edition, giving users early access to mature crypto projects. This move targets investors looking to engage with more developed projects before the official Token Generation Event. 

Subscriptions occur through BNB, with allocations proportional to total deposits. Allocated tokens are credited but locked until launch. The first project under this model was revealed on October 10, 2025, signaling a structured rollout.

This edition builds on Binance’s previous Pre-TGE offerings but aims for broader access and fairer distribution. Users benefit from verified participation, larger sale amounts, and direct subscription via the Binance Wallet. 

Refunds are automatic if contributions exceed the maximum individual cap. The platform emphasizes transparency in allocation and engagement with mature crypto projects.

How the Pre-TGE Prime Sale Works
During the Prime Sale, users deposit BNB to subscribe to upcoming tokens. Binance Wallet follows an over-subscription model, ensuring proportional allocation based on total deposits. 

Tokens are then credited to users’ accounts but remain non-tradeable until the official launch date. Binance handles excess BNB automatically, returning it to participants without delays.

The process includes three phases. Phase one covers BNB deposit subscriptions under individual limits. Phase two focuses on token allocation, ensuring fair and proportional distribution. 

Some campaigns include Prime Sale Keys as proof of successful subscription. Phase three allows trading once the token officially launches on Binance Alpha.

This model prioritizes projects that are more developed than typical Pre-TGEs. Users gain early exposure to projects that were historically less accessible. Verified participants engage directly, improving overall distribution fairness. 

Binance aims to maintain a balance between accessibility and investor protection with this method.

Binance Wallet launched the Pre-TGE Prime Sale edition, allowing users early access to mature projects via proportional BNB subscriptions. Tokens are allocated but locked until the official launch. The first project announcement is on October 10, 2025. https://t.co/eWDEbhQpXW

— Wu Blockchain (@WuBlockchain) October 10, 2025

Benefits and Strategic Impact on Crypto Prices
The Pre-TGE Prime Sale benefits both users and projects. Early access enables investors to secure tokens before trading begins. 

Proportional allocation reduces risk of oversubscription manipulation. Users enjoy clear rules on participation and refunds, increasing confidence.

Binance’s approach could influence early market prices when tokens finally trade. By allocating tokens to verified participants, price volatility may be tempered. The model also increases exposure for mature projects, potentially attracting wider investor interest. 

Traders can track allocations and prepare for official launches, linking subscriptions to market dynamics.

Overall, the Pre-TGE Prime Sale edition reshapes how users access early-stage crypto projects. Binance combines transparency, fair allocation, and advanced project selection. 

Verified users benefit from structured subscriptions and secure token allocation. This model reinforces Binance Wallet’s role in early crypto access and trading readiness.
2025-10-10 23:06 5mo ago
2025-10-10 18:00 5mo ago
From $254M To $78.5B: Tron USDT Growth Drives Network Valuation cryptonews
TRX USDT
Tron (TRX) is at a decisive moment after retracing to key demand levels that could determine its next major move. Bulls, who have been in control since late March, are now working to defend support and prepare for a possible breakout. However, to confirm a bullish continuation, Tron must overcome the current supply zone and regain strong upward momentum — a challenge that will test the strength of the recent rally.

Adding context to Tron’s long-term growth, top analyst Maartunn shared striking on-chain data revealing that TRON’s USDT supply has surged 309x in just six years. What began as a modest 254 million USDT on the network has now expanded to a staggering $78.5 billion, marking one of the most dramatic liquidity expansions in the crypto industry. This massive increase highlights the network’s role as a core hub for stablecoin activity and underscores how liquidity growth has historically correlated with TRX’s price performance.

As Tron trades near a critical juncture, both onchain strength and market structure will play a decisive role in shaping its direction. If demand holds and liquidity continues to flow in, Tron could be gearing up for another leg higher in the weeks ahead.

Tron Unprecedented Growth: The Power of Liquidity and Network Effects
According to Maartunn, the story of TRON is a perfect example of how fast the crypto industry can evolve. “Time in crypto has a strange rhythm,” he notes — what feels like a lifetime of change in traditional markets can unfold in just a few years on-chain. Six years ago, Justin Sun proudly celebrated a major milestone for TRON: reaching 254 million USDT on the network, with 300 million “coming soon.” At that moment, it represented a remarkable achievement for a still-developing ecosystem.

Correlation Index on USDT Supply vs TRON price | Source: CryptoQuant
Fast-forward to today, and TRON’s growth has been nothing short of exponential. The network now hosts $78.58 billion in circulating USDT, a staggering 309x increase since that post. This transformation underscores TRON’s evolution from a niche blockchain to one of the most important infrastructures for stablecoin liquidity worldwide. Over the same period, TRX’s price rose from $0.0155 to $0.338, reflecting how price action and liquidity expansion often move hand in hand.

Maartunn emphasizes that this correlation between USDT supply and TRX price illustrates a broader truth about crypto markets — liquidity drives adoption and valuation. When infrastructure, user demand, and network effects align, growth compounds at an astonishing pace. The key takeaway, he adds, is to zoom out: short-term volatility can obscure the far more powerful story of long-term innovation, adoption, and capital rotation. TRON’s rise proves how quickly a well-positioned network can become indispensable to the digital economy.

TRX Bulls Defend Key Support Amid Consolidation
Tron (TRX) is consolidating just above the $0.33 level, following months of steady gains and a strong uptrend that began in March 2025. The chart shows that after reaching a local high near $0.36, the price entered a sideways range, with buyers defending the 50-day moving average (blue line), currently acting as dynamic support. This region has proven crucial in maintaining the bullish market structure.

TRX testing critical support | Source: TRXUSDT chart on TradingView
The 200-day moving average (red line) remains well below the current price, confirming a long-term bullish bias, while the 100-day MA (green) continues to serve as mid-term support around the $0.32 zone. As long as TRX holds above this area, the broader uptrend remains intact.

However, a clear breakout above $0.35–$0.36 is still needed to confirm renewed bullish momentum and open the door toward $0.38 and $0.40, levels not seen since early 2022. On the downside, a decisive drop below $0.32 could invite further corrections, potentially testing the $0.30 psychological level.

Overall, Tron’s chart structure remains healthy. Consolidation above support suggests that buyers are accumulating, waiting for stronger market conditions to push the price into a new bullish phase aligned with the broader crypto trend.

Featured image from ChatGPT, chart from TradingView.com
2025-10-10 23:06 5mo ago
2025-10-10 18:00 5mo ago
Investment CEO Highlights Why Ripple's XRP Has The Strongest Utility In The Industry cryptonews
XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple’s XRP has gained new recognition in the financial sector after Teucrium CEO Sal Gilbertie praised it as the cryptocurrency with the strongest real-world utility. His remarks emphasized Ripple’s professionalism, XRP’s use case, and the company’s commitment to building a lasting financial infrastructure. 

XRP Framed As The Coin With The Strongest Use Case 
Crypto analyst John Squire has drawn fresh attention to Ripple and XRP after sharing a video of Gilbertie praising the token’s real-world utility on X social media. In the interview, the Teucrium CEO discussed why the company chose XRP, calling it the digital asset with the strongest utility across the crypto market. 

He said his confidence in XRP stems from Ripple’s focused mission to achieve its goals of building a robust and sustainable financial system. Gilbertie commended the Ripple team’s disciplined mindset and deep technical expertise—qualities that set the crypto payments company apart from other blockchain firms. These strengths, he added, are key reasons Teucrium selected XRP, viewing it as a transformative technology with real utility rather than merely a speculative token. 

“The Ripple team, from the interaction we’ve had with them, they’re really professional, they act like investment bankers over there. They know what they’re doing, and they will make this work,” Gilbertie said in the interview. 

The Teucrium CEO’s high praise of Ripple reflects confidence in XRP’s potential as a settlement tool. He explained that while Bitcoin serves as a store of value, XRP distinguishes itself by solving tangible problems within the global payments landscape. He clarified that his statement was not a price prediction, but rather a reflection of his belief that XRP possesses the most utility among all the cryptocurrencies in the market. 

Gilbertie’s remarks about Ripple come shortly after Teucrium’s XRP ETF went live on the market, providing regulated exposure to the altcoin. Although the fund did not receive explicit approval from the US Securities and Exchange Commission (SEC) amid the ongoing government shutdown, the company proceeded with the launch. According to one expert, the SEC’s lack of response signaled implicit consent, noting that “silence is compliance.”

Analyst Calls XRP “The Plumbing” For The Next Financial System
In a separate report, crypto market commentator X Finance Bull urged investors to rethink how they evaluate XRP, insisting it should not be compared to corporate stocks. He described XRP as “the plumbing” for the next global financial system—one that connects institutions, governments, and decentralized ecosystems through tokenized infrastructure. 

From his viewpoint, Ripple’s objective is not to chase company valuations but to develop a framework that enables global money movement, covering $200 trillion in annual cross-border payments, trillions in tokenized assets, CBDCs, DeFi rails, and Real-World Assets (RWAs). He added that capturing even 1-2% of this value could change the price of XRP forever.

The analyst also highlighted Ripple’s expanding institutional network, noting recent collaborations with Luxembourg’s Ministry of Finance and its growing presence across Bahrain, Dubai, and the United Arab Emirates (UAE).

XRP trading at $2.80 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, 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.
2025-10-10 23:06 5mo ago
2025-10-10 18:00 5mo ago
Bitcoin ETFs Continue to Attract Investors While Ether Sees a Dip in Interest cryptonews
BTC ETH
Bitcoin exchange-traded funds (ETFs) have enjoyed a remarkable streak, marking their ninth consecutive day of inflows, totaling $198 million. This surge was predominantly driven by Blackrock's IBIT.
2025-10-10 23:06 5mo ago
2025-10-10 18:01 5mo ago
Bitcoin drops to $109,444, its lowest level since February, after Trump's new China tariff threat cryptonews
BTC
Bitcoin continues falling off a cliff on Friday, collapsing to $109,444, its lowest level since February, after President Donald Trump announced the U.S. will hit China with 100% tariffs starting November 1.
2025-10-10 23:06 5mo ago
2025-10-10 18:02 5mo ago
Wall Breaking? Bitcoin Faces Key Test Near $126K Trendline cryptonews
BTC
Bitcoin trades near $121.6K, testing major resistance at $126K. Analysts watch for a breakout or correction as futures open interest stays high.

Bitcoin is trading near $121,600 after reaching a new all-time high above $126,000 earlier this week. The asset has slowed and is now moving sideways just below a major diagonal resistance that has capped the price for several months. Analysts are watching to see whether Bitcoin can break through or if it will be rejected once again.

Meanwhile, the market is holding near a key level while open interest remains high in the futures market.

Bitcoin Struggles Near Long-Term Resistance
Bitcoin is facing resistance at a trendline that has held firm since earlier cycle tops. The latest weekly candle shows another rejection near $126,000, followed by a pullback of around 5.5%. Earlier this year, similar rejections led to drops of nearly 10% and close to 30%.

The difference this time is the size of the pullbacks. Each rejection has been smaller than the last. Rekt Capital pointed out that “this trendline looks to be a weakening point of rejection,” suggesting sellers may be losing strength at this level.

Source: Rekt Capital/X
On the lower timeframes, Bitcoin is holding just above $121,000. This zone is marked by a previous support level and lines up with a Fibonacci retracement near $119,550. Daan Crypto Trades noted that this is the area to watch.

$BTC Not here to overcomplicate things.

We saw a sharp impulse up and an all time high sweep.

Currently price is consolidating beneath this diagonal resistance. If that’s broken, I am expecting this to move to new highs pretty quickly.

Key area to hold below is ~$120K. If… pic.twitter.com/MK7gYzINWJ

— Daan Crypto Trades (@DaanCrypto) October 10, 2025

The asset is currently consolidating in a tight range. Volume has slowed, which often happens before a larger move. The trend remains bullish overall. A confirmed higher low would support another leg higher, especially if resistance breaks.

You may also like:

Bitcoin (BTC) Dips Below $122K, ZCash (ZEC) Explodes by 35%: Market Watch

Bitcoin’s (BTC) Emotional Comeback: Data Shows Market Confidence Returning After Weeks of Fear

Analyst Insights: Bitcoin Could Drop More as Dollar Rebound Tightens Global Liquidity

Bearish Scenario Still in Play
While short-term sentiment remains positive, some market participants are still cautious. Analyst Ali Martinez shared a scenario where Bitcoin gets rejected at $124,000 and begins a correction toward $96,000. If that level fails, the next major support is around $70,000.

Source: Ali Martinez/X
The projected path shows a slow recovery beginning in late 2026, with Bitcoin climbing back toward $90,000. This scenario reflects a broader retracement, not a trend reversal, and suggests long-term structure could still remain intact.

Futures Market Remains Heated
Data from Glassnode shows that futures open interest is still elevated. This means that many traders are positioned on both the long and short sides. Sharp moves in either direction have triggered liquidations. Glassnode said the market is undergoing “a leverage reset” as volatility flushes out excess positions.

With Bitcoin sitting just below resistance and leverage still high, traders are watching closely. A move above the current range could open the way toward $130,000. If resistance holds, another pullback could extend the current consolidation.
2025-10-10 23:06 5mo ago
2025-10-10 18:04 5mo ago
Ethereum Foundation, Keyring Network Raise Funds For Tornado Cash Developers cryptonews
ETH TORN
The Ethereum Foundation and Keyring Network have launched a legal-defense initiative for Tornado Cash developers Roman Storm and Alexey Pertsev, saying early zkVerified mainnet fees have been allocated as support while the cases have continued and debate over privacy and developer liability has intensified.
2025-10-10 23:06 5mo ago
2025-10-10 18:04 5mo ago
Bitcoin ETF Inflows Strengthen as Institutional Demand Fuels Q4 Bullish Outlook cryptonews
BTC
Bitcoin (BTC) is holding firm near $123,000, with market analysts pointing to a potential rally in the final quarter of 2025. According to Bitwise Chief Investment Officer Matt Hougan, Bitcoin exchange-traded funds (ETFs) could attract massive institutional inflows, potentially surpassing their 2024 record of $36 billion.
2025-10-10 23:06 5mo ago
2025-10-10 18:11 5mo ago
Shiba Inu Price Prediction: Shocking Hidden Data Shows SHIB Might Be Stronger Than It Looks – Should You Get In Now? cryptonews
SHIB
Several key indicators are flashing green, supporting a bullish Shiba Inu price prediction as altcoin season gains momentum.With Ethereum (ETH) holding strong above the $4,000 mark, meme coins tied to its ecosystem are getting a boost.
2025-10-10 23:06 5mo ago
2025-10-10 18:15 5mo ago
Canary Files Sixth Amendment for Solana ETF With Unique Staking Structure cryptonews
SOL
TLDR:

Canary’s Solana ETF keeps all staking rewards, offering a different fee structure than competitors.
The ETF carries a 0.50% expense ratio, lower than Bitwise but no staking cut taken.
Tracking Solana price may be tricky due to staking rewards not included in expense ratio.
Amendment #6 shows the ETF is nearing SEC approval for public trading on Cboe BZX.

Canary Capital has filed Amendment #6 for its Solana ETF, signaling the fund is close to going live. The ETF will feature a 0.50% expense ratio and retain all staking rewards for shareholders. 

Tracking Solana’s price through the ETF may prove more complex than traditional funds. The filing outlines how staking rewards will factor into the net asset value. Investors should expect the ETF to trade on the Cboe BZX Exchange under the ticker SOLC.

Solana ETF Fees and Staking Rewards
Eric Balchunas, a Bloomberg ETF analyst, noted that Canary’s Solana ETF will not take a cut of staking rewards.

In contrast, Bitwise charges 0.20% in fees but keeps roughly 6% of staking rewards. This structure makes direct fee comparisons challenging. Staking rewards can add approximately 45–50 basis points, influencing overall returns.

The Canary ETF plans to stake most of its SOL via Marinade Finance. Any SOL reserved for liquidity or expenses will not be staked. This ensures the fund can meet redemption requests without affecting staking activity. 

Authorized participants will exchange SOL or cash in baskets of 10,000 shares.

Fees outside the expense ratio, such as staking deductions, appear in the tracking difference. Balchunas emphasized that tracking difference is the “true fee” metric for investors. 

Tracking difference measures performance relative to Solana’s price after accounting for operational and staking effects. This figure is essential for understanding real costs.

Investors may see slight NAV deviations during high-demand trading periods. These fluctuations are normal and reflect SOL supply, demand, and staking yields. Brokerages will charge standard commissions for trades. 

Tracking the true cost of ownership requires considering both the expense ratio and staking rewards.

Canary just filed Amendment #6 (that's how close we are) for their spot Solana ETF w/ a 0.50% expense ratio but NO CUT of the Solana staking rewards. Bitwise is 20bp exp ratio but 6% of staking rewards (approx 45-50bps extra fee). Because of staking it's going to make the fees… pic.twitter.com/DOtbgaHeSg

— Eric Balchunas (@EricBalchunas) October 10, 2025

ETF Launch Timeline and Market Positioning
Canary’s Solana ETF is registered as a continuous offering under the Securities Act of 1933. There is currently no public trading market for the shares. 

The filing specifies that the ETF is not regulated under the Investment Company Act of 1940. Investors will not have protections afforded to mutual funds or SOL futures markets.

The fund aims to provide price exposure to Solana while also earning staking rewards. 

NAV will be calculated using CoinDesk Solana CCIXber 60-minute averages. Shares are expected to list shortly after SEC approval. The ETF positions itself as a competitive alternative to Bitwise, offering lower expense ratios and full staking rewards.

Shareholders will access SOL exposure without sacrificing staking income. Authorized participants facilitate share creation and redemption using SOL or cash. This structure mirrors traditional ETFs but adds complexity due to staking dynamics. 

Canary’s approach could attract crypto investors looking for both price exposure and rewards.
2025-10-10 23:06 5mo ago
2025-10-10 18:30 5mo ago
China's DeepSeek AI Predicts the Price of XRP, Shiba Inu and Dogecoin by the End of 2025 cryptonews
DOGE SHIB XRP
DeepSeek AI Predicts XRP, Shiba Inu, and Dogecoin could set new all-time highs before year-end, citing Uptober seasonality, U.S. regulatory progress, and bullish structures, with XRP's path to $10, SHIB's potential 8× range, and DOGE support from payments adoption and liquidity.
2025-10-10 23:06 5mo ago
2025-10-10 18:32 5mo ago
HyperSwap Revenue Strategy Could Shift Crypto Price Dynamics for HYPE Token cryptonews
HYPE
TLDR:

HyperSwap will use $6M yearly for HYPE buybacks from $8M revenue, according to DefiLlama data.
Current HYPE P/E ratio sits around 11.5, suggesting a potential $70M market valuation.
Protocol revenue is declining, raising questions about long-term sustainability of buybacks.
HyperSwap plans HIP-3 trading terminal, which could boost revenues and future buybacks.

HyperSwap has unveiled a new strategy aimed at giving HYPE token holders direct exposure to its protocol. 

The platform announced it will allocate 75% of its revenue to buybacks and burns. This approach diverges from most decentralized exchanges, including Uniswap, which typically do not pass revenue directly to token holders. 

Data from DefiLlama indicates the platform generates between $2–2.5 million per quarter. Annualized, this translates to roughly $8 million, of which $6 million could go to repurchasing HYPE tokens.

Ericonomic, a crypto analyst, highlighted that this buyback strategy could influence HYPE’s market valuation. Using the current P/E ratio of 11.5, HyperSwap’s “fair” market cap could approximate $70 million. 

However, analysts caution that revenue trends and competition could affect results. Observers note that buybacks may not fully offset incentive structures needed to attract liquidity.

The upcoming token generation event (TGE) will test the protocol’s approach. Revenue collected before the TGE may not be entirely used, suggesting early figures might differ from projections. HyperSwap is also reportedly working on a HIP-3 trading terminal. If successful, the terminal could boost trading volumes and increase future buybacks.

HyperSwap announced yesterday that they will allocate 75% of their revenue to buy back and burn their token, giving holders direct exposure to the protocol (unlike Uniswap or most other DEXs).

According to DefiLlama data, they’re generating around $2–2.5M in revenue per quarter,… pic.twitter.com/FzVaiTgy2m

— Ericonomic (@ericonomic) October 10, 2025

HYPE Token Price and Market Implications
The HYPE token’s valuation metrics have drawn attention following HyperSwap’s announcement. 

Current analysis shows a P/E ratio near 11.5, placing theoretical market capitalization around $70 million. This estimate depends on the continuous flow of revenue into buybacks and token burns. Any deviation in revenue or incentive payouts could impact the token price.

Ericonomic noted that competing decentralized protocols may launch “vampiric” attacks, potentially drawing liquidity away. 

HyperSwap’s model requires balancing buybacks with incentive structures. If incentives fail to maintain user engagement, revenue may not sustain projected buybacks. Conversely, the planned HIP-3 terminal could improve transaction activity and generate additional revenue for token repurchases.

Investors will closely monitor quarterly revenue updates. Transparency on revenue allocation will be critical for market confidence. The strategy gives holders a clear connection between protocol performance and token value. 

As HyperSwap approaches the TGE, analysts expect more detailed reports on revenue usage and potential market impact.

The community has reacted positively to the initiative. Observers note that while the protocol is a fork, it embraces the Hyperliquid ethos of returning value to users. 

HyperSwap’s buyback model stands out among DEXs for creating direct exposure to token holders. The TGE will reveal whether this approach can sustain long-term growth.
2025-10-10 23:06 5mo ago
2025-10-10 18:38 5mo ago
Bitcoin's whipsaw to 101k wipes out $7B in leveraged positions cryptonews
BTC
Bitcoin’s whipsaw to 101k wipes out $7B in leveraged positions Assad Jafri · 5 seconds ago · 1 min read

Massive sell-off causes over $7 billion in liquidations, exposing crypto's structural weaknesses during volatile trading.

Oct. 10, 2025 at 11:38 pm UTC

1 min read

Updated: Oct. 10, 2025 at 11:38 pm UTC

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

A sudden flash crash rattled crypto markets on Oct. 10, erasing billions in leveraged positions as Bitcoin, Ethereum, and other major tokens plunged before staging partial recoveries.

Bitcoin fell more than 10% at its lowest point, slipping to $101,500 before rebounding to trade near $112,500 as of press time.

Ethereum similarly dropped over 10% intraday before stabilizing above $3,800. Major altcoins suffered significantly steeper losses, including Solana and Dogecoin, which fell more than 30% and 50%, respectively.

While Solana continues to trade below its key $200 threshold, DOGE experienced a rapid recovery and was trading above the $0.18 support level as of press time.

The downturn was triggered by a large sell order that cascaded through futures markets, forcing widespread liquidations in an already fragile market state after escalating geopolitical tension between the US and China.

The wave of forced selling deepened volatility, with liquidity evaporating across major trading pairs. As of press time, more than $7 billion had been liquidated across long and short positions amid the whiplash price action.

The crash highlighted the structural fragility of the crypto market, where high leverage and concentrated liquidity amplify sudden price shocks. Bitcoin’s order books thinned rapidly, sending prices spiraling before buyers stepped in to absorb the move.

Despite the rebound, traders remain cautious. Bitcoin faces key support near $110,000, while Ethereum must hold the $3,800 to $4,000 range to prevent further downside pressure.

Market participants are also watching open interest levels and whale activity for signs of renewed stability or additional stress. The event was a sharp but potentially healthy reset, flushing out excess leverage after months of speculative buildup.

However, the flash crash served as a reminder of how quickly sentiment can reverse in the digital asset market, where algorithmic trading and leverage can turn routine corrections into rapid, systemwide sell-offs.

Bitcoin Market DataAt the time of press 11:38 pm UTC on Oct. 10, 2025, Bitcoin is ranked #1 by market cap and the price is down 6.62% over the past 24 hours. Bitcoin has a market capitalization of $2.26 trillion with a 24-hour trading volume of $138.15 billion. Learn more about Bitcoin ›

Crypto Market SummaryAt the time of press 11:38 pm UTC on Oct. 10, 2025, the total crypto market is valued at at $3.74 trillion with a 24-hour volume of $369.77 billion. Bitcoin dominance is currently at 60.50%. Learn more about the crypto market ›

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DDC Enterprise Secures $124 Million to Accelerate Bitcoin Treasury Expansion cryptonews
BTC
DDC Enterprise has raised $124 million in equity funding led by PAG Pegasus Fund and Mulana Investment to strengthen its bitcoin treasury initiative. The company plans to scale its treasury toward 10,000 BTC by the end of 2025.
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Is The Dogecoin Low In? Analyst Charts Path To $0.60 cryptonews
DOGE
Dogecoin’s structure “is still trying to turn around,” according to a market technician More Crypto Online who argues that both the higher-time-frame and intraday counts now permit a constructive path toward $0.60—provided a handful of support and breakout thresholds hold. In a new video, the analyst describes a market that is “printing higher highs and higher lows,” but cautions that the advance is “choppy, slow… boring and very fragile,” language that underscores how conditional the bullish setup remains.

Dogecoin Breakout Loading
On the daily chart, the crux of the thesis is the integrity of August’s corrective low, labeled as the wave-2 pivot. “From a daily chart point of view [price] should really… ideally hold above the wave 2 low that formed here in August,” the analyst says, calling that local invalidation line at $0.189.

Dogecoin daily chart analysis | Source: More Crypto Online
A decisive violation would force a re-marking of the larger structure: “If we break below this red line, the idea that a B-wave bottomed in June will have to be revised.” Even so, the commentator preserves a secondary bullish path, noting that an extended B-wave could still be in play as “a broader A-B-C structure,” with the market attempting another reversal “from the lower support area” thereafter.

Upside conviction rotates around September’s swing high. “Once we break above the last swing high from September, we might be on our way to $0.49+,” the analyst says. That level functions as the first high-time-frame gateway: a clean breach would confirm that the move out of the September trough has transitioned from corrective to impulsive character, validating the notion that June’s B-wave low has already printed.

The lower-time-frame evidence is doing some heavy lifting. On the one-hour chart, price action out of the late-September base is described as a motive sequence: “The move to the upside from the September low appears to be a five-wave move up. This allows for the interpretation that we have already bottomed in the B-wave.” The decline from the September 13 local high is, in contrast, framed as a completed three-leg retracement.

Dogecoin hourly chart analysis | Source: More Crypto Online
If that count holds, the present pullback should remain corrective and terminate above clearly defined micro levels: “Upper micro support is between $0.23 and $0.245 with an additional key level… at $0.233,” the analyst notes. The condition is crisp: “Ideally we’re holding above $0.23 in this pullback. If we see an impulsive reaction from here to the upside, then this could be the beginning of a third-wave rally up.”

Risk management and location remain central. The broader support shelf that cushioned September’s local bottom sits above the daily invalidation line and is expected to remain active on any deeper shakeout: “This support area is still relevant… we might get another test… probably in the area around $0.21 to $0.20,” the analyst says, adding that this band nests within the larger $0.227–$0.20 zone. Lose $0.23 decisively and “it increases the probabilities that we are still caught in this B-wave,” he warns—a shift that would postpone, not nullify, the bullish roadmap so long as $0.189 endures.

What would carry Dogecoin beyond $0.49 toward the headline target of $0.60? The blueprint the analyst lays out implies an impulsive third-wave advance once micro support holds and September’s swing high gives way. In classical Elliott terms, a confirmed third wave often stretches beyond the initial motive leg, and the technician explicitly flags the setup: “If we see an impulsive reaction… this could be the beginning of a third-wave rally up.”

Moreover, the $0.49 handle—identified as the first destination after a breakout—would be a staging area rather than a terminus. After a fourth wave correction, DOGE could start a fifth wave which the analyst places in the $0.60 region.

The message, however, is emphatically conditional rather than euphoric. “It’s always important to zoom out,” the analyst reminds viewers, stressing that while Dogecoin is “moving up step by step slowly,” the advance is not yet an emphatic impulse.

At press time, DOGE traded at $0.25.

DOGE needs to break the 0.382 Fib, 1-day chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
2025-10-10 23:06 5mo ago
2025-10-10 19:00 5mo ago
Nasdaq Welcomes Tether Gold Treasury with $150 Million Investment Initiative cryptonews
XAUT
Aurelion Inc. has been introduced as the pioneering Tether Gold (XAUT) treasury on Nasdaq, backed by a significant $150 million financing effort spearheaded by Antalpha Platform Holding Company. The move marks an important institutional endorsement of tokenized precious metals, indicating a trend towards integrating cryptocurrencies with traditional financial systems.
2025-10-10 22:06 5mo ago
2025-10-10 17:30 5mo ago
Integrated Rail and Resources Acquisition Corp. Announces Extension stocknewsapi
IRRX
WINTER PARK, Fla., Oct. 10, 2025 (GLOBE NEWSWIRE) -- Pursuant to the Investment Management Trust Agreement between Integrated Rail and Resources Acquisition Corp. (the “Company”) and American Stock Transfer & Trust Company, LLC, dated as of November 11, 2021, as amended on February 8, 2024, the Company received notice from the Company’s sponsor, DHIP Natural Resources Investments, LLC, that the Company intends to extend the time available in order to consummate a business combination from October 15, 2025 to November 15, 2025.

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on natural resources, railroads and/or railroad logistics companies, or any combinations thereof.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended (“Securities Act”). This announcement is being issued in accordance with Rule 135 under the Securities Act.

Contact: William Savery
[email protected]
2025-10-10 22:06 5mo ago
2025-10-10 17:30 5mo ago
Rezolve Ai PLC Announces Shareholder Transfer to a New Global Institutional Investor stocknewsapi
RZLV
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai PLC (NASDAQ: RZLV) (“Rezolve Ai” or the “Company”) today announced that DBLP Sea Cow Limited, a shareholder associated with the estate of the late John Wagner and Rezolve Chairman and CEO Dan Wagner, has transferred 10.6 million ordinary shares of Rezolve Ai to a new leading global long-hold fundamentals-driven Institutional Investor.

This estate-related transaction was undertaken solely to settle administrative liabilities following Mr. John Wagner’s passing and represents approximately 20% of the total holdings originally held by the estate. The estate, through DBLP Sea Cow Limited, continues to retain a significant long-term shareholding in Rezolve Ai.

Rezolve Ai Chairman and CEO Daniel M. Wagner commented:
“This transaction reflects a responsible and structured estate administration following my late father’s passing. The family remains deeply committed to Rezolve Ai’s success, and we are pleased to welcome a new world-class institutional investor to our shareholder base.”

About Rezolve Ai
Rezolve Ai (NASDAQ: RZLV) is a global leader in AI-driven commerce, providing retailers and brands with proprietary technology that powers search, personalization, checkout, and omni-channel engagement. Its solutions enable businesses to harness AI for smarter customer experiences and operational efficiency. With foundational partnerships with Microsoft, Google, and Tether, Rezolve Ai is positioned to drive innovation across the $30 trillion global retail market. For more information, visit www.rezolve.com.

Investor Contact
[email protected] 

Media Contact
Rezolve Ai
Urmee Khan - Global Head of Communications
[email protected]
+44 7576 094 040
2025-10-10 22:06 5mo ago
2025-10-10 17:30 5mo ago
PubMatic, Inc. (PUBM) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit stocknewsapi
PUBM
, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to PubMatic, Inc. ("PubMatic" or the "Company") (NASDAQ: PUBM) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN PUBMATIC, INC. (PUBM), CLICK HERE BEFORE OCTOBER 20, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

 What Is The Lawsuit About?
The complaint filed alleges that, between February 27, 2025 and August 11, 2025, Defendants failed to disclose to investors: (1) that a top DSP buyer was shifting a significant number of clients to a new platform which evaluated inventory differently; (2) that, as a result, PubMatic was seeing a reduction in ad spend and revenue from this top DSP buyer; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.  

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

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2025-10-10 22:06 5mo ago
2025-10-10 17:30 5mo ago
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of SWK Holdings Corporation (NASDAQ: SWKH) stocknewsapi
SWKH
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) --

Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating SWK Holdings Corporation (NASDAQ: SWKH) related to its sale to Runway Growth Finance Corp. Under the terms of the proposed transaction, SWK shareholders will receive, for each share of SWK common stock, either (i) cash consideration equal to SWK's per-share net asset value (“NAV”), or (ii) Runway stock consideration based on the ratio of SWK's per-share NAV to Runway’s per-share NAV (subject to each shareholder's election and proration adjustments), plus in either case a guaranteed cash payment of approximately $0.74 per share paid by Runway’s external adviser. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/swk-holdings-corporation/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much?
About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.
2025-10-10 22:06 5mo ago
2025-10-10 17:30 5mo ago
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Akero Therapeutics, Inc. (NASDAQ: AKRO) stocknewsapi
AKRO
NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) --

Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Akero Therapeutics, Inc. (NASDAQ: AKRO) related to its sale to Novo Nordisk A/S. Under the terms of the proposed transaction, Akero shareholders will receive $54.00 per share in cash, and a non-transferable contingent value right entitling its holder to receive a cash payment of $6.00 per share upon full U.S. regulatory approval of efruxifermin by June 30, 2031. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/akero-therapeutics-inc/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much?
About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.
2025-10-10 22:06 5mo ago
2025-10-10 17:30 5mo ago
Bolt Metals Closes $600,000 Non-Brokered Private Placement stocknewsapi
PCRCF
Vancouver, British Columbia – October 10, 2025 – TheNewswire - Bolt Metals Corp. (“Bolt” or the “Company”) (TSXV: BOLT) (OTCQB: PCRCF) (FSE: A3D8AK), is pleased to announce that, further to its press release disseminated on September 29, 2025, it has closed its previously announced non-brokered private placement (the “Offering”) of common shares.

Under the Offering, the Company issued an aggregate of 46,184,614 common shares at a price of $0.013 per share for gross proceeds of $600,399.98. The securities issued under the Offering are subject to a statutory hold period of four (4) months and one (1) day from the date of issuance and to applicable resale restrictions under Canadian securities laws and the policies of the Canadian Securities Exchange (the “CSE”). The Company intends to use the net proceeds of the Offering for general working capital purposes.

No finder’s fees were paid in connection with the Offering. Insider participation was not anticipated and did not occur. The proceeds from the Offering will be used for general working capital.

About Bolt Metals Corp.

Bolt Metals Corp. is a North American mineral acquisition and exploration company focused on the development of quality precious and base metal properties that are drill-ready with high-upside and expansion potential. Bolt trades on the CSE Exchange under the symbol BOLT, the OTCQB Exchange under the symbol PCRFC and in Germany under the WKN A3D8AK.

Bolt Metals Corp.

Zachary Kotowych – CEO and Director

1-800-614-BOLT (2658)

[email protected]

Reader Advisory

This news release contains statements that constitute “forward-looking information” within the meaning of applicable Canadian securities laws. The words “may”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect”, and similar expressions are intended to identify forward-looking information. Forward-looking information in this news release includes, but is not limited to, statements regarding the intended use of proceeds from the Offering, the Company’s exploration and development plans, future business objectives, and potential opportunities related to its mineral projects. Forward-looking information is based on a number of assumptions that management believes to be reasonable at the time such statements are made, including assumptions regarding market conditions, commodity prices, exploration results, and the Company’s ability to achieve its business and financing objectives. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking information. Such risks include, but are not limited to, general business, economic, competitive, political, and social uncertainties; market volatility; exploration and development risks; regulatory risks; and other risks described in the Company’s public filings available under its profile on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking information. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise.

The Canadian Securities Exchange has not approved or disapproved this news release.
2025-10-10 22:06 5mo ago
2025-10-10 17:31 5mo ago
Dow sinks over 870 points, Nasdaq and S&P 500 clobbered as Trump threatens more tariffs of China stocknewsapi
FXI IVV KWEB MCHI SPLG SPXL SPY SSO UPRO VOO
Market Domination Overtime anchor Josh Lipton breaks down the day's market moves for October 10, 2025. Market and data reporter Jared Blikre breaks down stocks sinking on President Trump's tariff threats against China.
2025-10-10 22:06 5mo ago
2025-10-10 17:33 5mo ago
NI Holdings, Inc. Announces Leadership Change stocknewsapi
NODK
October 10, 2025 17:33 ET

 | Source:

NI Holdings, Inc.

FARGO, N.D., Oct. 10, 2025 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that Seth Daggett has stepped down from his role as President and Chief Executive Officer of NI Holdings, along with his role as a board member of the company, to pursue other opportunities, effective immediately. The Board has appointed Cindy Launer as the President and Chief Executive Officer of NI Holdings, effective October 10, 2025.

Ms. Launer previously served as the Interim CEO of NI Holdings in the fall of 2024 and has otherwise served as an independent non-executive director on NI Holdings’ board since November 2019. Ms. Launer brings 18 years of experience in the insurance industry with a proven track record of success as a global finance and operations executive. Formerly, Ms. Launer served as Chief Operating Officer of AIG’s Commercial Insurance Business, before retiring in 2018. She will remain on the Board of Directors while serving as the Chief Executive Officer.

“While the company remains financially strong, the Board unanimously agreed that Cindy Launer is the right leader to guide NI Holdings into its next phase,” said Eric K. Aasmundstad, Chairman of the Board. “Her deep understanding of our business, steady leadership, and unwavering commitment to our people and stakeholders make her uniquely qualified for this role. We are confident in her ability to work collaboratively with the Board to shape and execute a long-term strategic plan that drives sustainable, profitable growth.”

Ms. Launer added, “It’s an honor to return as CEO and lead a company I know well and deeply respect. With a talented team, a strong track record, and the trust of those we serve, we’re well positioned for the future. I’m committed to building on that foundation to deliver long-term value for our many stakeholders.”

About the Company
NI Holdings, Inc. is an insurance holding company. The company is a North Dakota business corporation that is the stock holding company of Nodak Insurance Company and became such in connection with the conversion of Nodak Mutual Insurance Company from a mutual to stock form of organization and the creation of a mutual holding company. The conversion was consummated on March 13, 2017. Immediately following the conversion, all of the outstanding shares of common stock of Nodak Insurance Company were issued to Nodak Mutual Group, Inc., which then contributed the shares to NI Holdings in exchange for 55% of the outstanding shares of common stock of NI Holdings. Nodak Insurance Company then became a wholly-owned stock subsidiary of NI Holdings. NI Holdings’ financial statements are the consolidated financial results of NI Holdings; Nodak Insurance Company, including Nodak Insurance Company’s wholly-owned subsidiaries American West Insurance Company, Primero Insurance Company, and Battle Creek Insurance Company; and Direct Auto Insurance Company.

Safe Harbor Statement
Some of the statements included in this news release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Actual results could vary materially. Factors that could cause actual results to vary materially include risks we describe in the periodic reports we file with the Securities and Exchange Commission. You should not place undue reliance on any such forward-looking statements. We disclaim any obligation to update such statements or to announce publicly the results of any revisions that we may make to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

For a detailed discussion of the risk factors that could affect our actual results, please refer to the risk factors identified in our SEC reports, including, but not limited to our Annual Report on Form 10-K, as filed with the SEC.

Investor Relations Contact:
Matt Maki
Executive Vice President, Treasurer and Chief Financial Officer
701-212-5976
[email protected]
2025-10-10 22:06 5mo ago
2025-10-10 17:35 5mo ago
Strathcona Resources Terminates Takeover Bid for MEG Energy stocknewsapi
STHRF
Strathcona Resources terminated its takeover bid for MEG Energy, days after rival Cenovus Energy upped its offer to buy out the Canadian oil-sands producer and changed the terms of their standstill agreement.
2025-10-10 22:06 5mo ago
2025-10-10 17:36 5mo ago
MRX Investors Have Opportunity to Lead Marex Group plc Securities Fraud Lawsuit with the Schall Law Firm stocknewsapi
MRX
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Marex Group plc (“Marex” or “the Company”) (NASDAQ: MRX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between May 16, 2024 and August 5, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before December 8, 2025.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Marex sold over-the-counter financial products to itself. The Company’s financial statements suffered from inconsistencies between subsidiaries and related parties. The Company’s financial statements were not reliable. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about WPP, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
2025-10-10 22:06 5mo ago
2025-10-10 17:38 5mo ago
Xi-Trump meeting could still happen and tariffs are ony threats now, says PNC's Yung-Yu Ma stocknewsapi
PNC
Yung-Yu Ma, PNC Asset Management chief investment strategist, joins 'Closing Bell' to discuss Ma's thoughts on equities and much more.
2025-10-10 22:06 5mo ago
2025-10-10 17:40 5mo ago
NYSE: MOH: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Class Action Lawsuit Against Molina Healthcare, Inc. stocknewsapi
MOH
-

RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Molina Healthcare, Inc. (“Molina”) (NYSE: MOH) on behalf of those who purchased or otherwise acquired Molina securities between February 5, 2025, and July 23, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is December 2, 2025.

CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:

If you suffered Molina losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/molina-healthcare-inc?utm_source=Businesswire&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: (1) material, adverse facts concerning Molina’s “medical cost trend assumptions”; (2) that Molina was experiencing a “dislocation between premium rates and medical cost trend”; (3) that Molina’s near term growth was dependent on a lack of “utilization of behavioral health, pharmacy, and inpatient and outpatient services”; (4) as a result, Molina’s financial guidance for fiscal year 2025 was substantially likely to be cut; and (5) that, as a result of the foregoing, Defendants’ positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

THE LEAD PLAINTIFF PROCESS:

Molina investors may, no later than December 2, 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 Molina 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/molina-healthcare-inc?utm_source=Businesswire&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.

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

More News From Kessler Topaz Meltzer & Check, LLP

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2025-10-10 22:06 5mo ago
2025-10-10 17:41 5mo ago
Buy the Spike in Pepsi Stock After Exceeding Q3 Expectations? stocknewsapi
PEP
Pepsi (PEP - Free Report)  is one of the notable enterprise giants that helped kick off the Q3 earnings season on a positive note this week.

Exceeding Q3 expectations, the iconic Pepsi brand has been able to sustain through the company’s strategic innovation, cost-cutting initiatives, and pricing power despite many beverage makers facing volume pressures from a more inflation-conscious consumer.

Following its favorable Q3 results yesterday morning, Pepsi stock has now spiked +8%, rising as much as +6% in Friday's trading session.

However, PEP is still more than 14% from its 52-week high of $177 a share, making it a worthy topic of whether now is an ideal time to buy Pepsi stock for an extended rebound.

Image Source: Zacks Investment Research

Pepsi’s Favorable Q3 ResultsPosting Q3 sales of $23.93 billion, Pepsi’s top line expanded 2% from $23.31 billion in the prior year quarter and topped estimates of $23.87 billion. On the bottom line, Pepsi posted Q3 earnings of $2.29 per share, topping expectations of $2.27 despite dipping from EPS of $2.31 a year ago.

Offsetting a 1% decline in global food and beverage volumes, Pepsi’s effective pricing rose 4%, showing the company is still able to raise prices without losing customers.

Pepsi has now exceeded top and bottom line expectations in three of its last four quarterly reports, with an average sales and earnings surprise of 0.57% and 1.12% respectively.

Image Source: Zacks Investment Research

Pepsi’s Innovative Product LineSeparating Pepsi from chief rival, Coca-Cola (KO - Free Report) , has been its expansion into food and snack products, and is now innovating them to center around a more health-conscious customer base. Removing artificial ingredients from Lay’s and Tostitos chips, Pepsi has also rolled out new products like protein-fortified Doritos and Quaker Oats items.

Along with this, Pepsi is expanding its presence in zero-sugar beverages, including a lineup of low-sugar Gatorade, as well as pursuing fiber as the “next protein” in a bet on fiber-enhanced snacks and beverages.

Pepsi’s Guidance & OutlookAttributed to its cost-cutting initiatives and innovative product line, Pepsi expects improved profitability in its core North America segment. Reaffirming its full-year guidance, Pepsi still expects organic revenue growth of approximately 4% but forecasts a 0.5% decline in earnings per share in fiscal 2025 from EPS of $8.16 last year.

Zacks' projections currently call for Pepsi’s EPS to dip to $8.05 in FY25, although FY26 earnings are projected to rebound and rise 5% to $8.50 per share. Based on Zacks' estimates, Pepsi’s total sales are slated to rise 1% this year and are projected to increase another 3% in FY26 to $96.22 billion.

Image Source: Zacks Investment Research

PEP Performance & Valuation ComparisonAmid the post-earnings rally, Pepsi stock is still down nearly 2% year to date, noticeably trailing the benchmark S&P 500’s +15%, Coca-Cola’s +8% and their Zacks Beverage-Soft drinks Market’s return of +2%.

From a longer view, PEP is up a very subpar +6% in the last five years, but has a total return of over +20% when including dividends, although this has largely trailed the broader market, Coca-Cola, and its Zacks sub-industry’s returns of over +40%.

Image Source: Zacks Investment Research

At current levels, Pepsi stock is starting to stand out at 18X forward earnings, trading roughly on par with its industry average and offering a distinct discount to Coca-Cola’s 22X and the benchmark’s 25X.

It’s also worth noting that PEP is trading at a nice discount to its decade-long forward P/E multiple high and median of 27X and 22X.

Plus, PEP trades near the preferred level of less than 2X forward sales, which is also on par with the industry average and nicely beneath Coca-Cola’s 6X and the S&P 500’s 5X.

Image Source: Zacks Investment Research

Pepsi’s Enticing DividendRegarding value and certainly income investing, Pepsi shares are attractive with a 3.93% annual dividend yield that impressively tops Coca-Cola’s 3.07% and the S&P 500’s average of 1.1%.

Furthermore, many of its industry peers don’t offer a payout, but like Coca-Cola, Pepsi is a Dividend King, increasing its dividend for more than 50 consecutive years. That said, over the last five years, Pepsi has had a more enticing annualized dividend growth rate of 7.65% compared to Coca-Cola’s 4.84%.

Committed to rewarding shareholders through dividends and buybacks, Pepsi expects to return a value worth $8.6 billion in 2025 when including dividends and share repurchases.

Image Source: Zacks Investment Research

Bottom LinePepsi’s favorable Q3 report does suggest an extended rebound could be in play and could help PEP retain its current Zacks Rank #2 (Buy) rating, which is predicated on rising earnings estimate revisions (EPS).

In contrast, Coca-Cola stock lands a Zacks Rank #4 (Sell) at the moment as EPS revisions have trended lower with the beverage giant’s Q3 report scheduled for Tuesday, October 21st.  While Coca-Cola tends to get the nod ahead of Pepsi from value investors, this scenario doesn’t appear to be the case at the moment.  
2025-10-10 22:06 5mo ago
2025-10-10 17:44 5mo ago
ATYR Investors Have Opportunity to Lead aTyr Pharma, Inc. Securities Fraud Lawsuit with the Schall Law Firm stocknewsapi
ATYR
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against aTyr Pharma, Inc. (“aTyr” or “the Company”) (NASDAQ: ATYR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between January 16, 2025 and September 12, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before December 8, 2025.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. aTyr and its executives expressed confidence about the forced taper study design for the Phase 3 trial of Efzofitimod. The Company concealed the drug’s capability to let patients taper their steroid usage completely. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about aTyr, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
2025-10-10 22:06 5mo ago
2025-10-10 17:49 5mo ago
Nomad Foods: Historically Cheap As Weather And Inflation Weigh On Results stocknewsapi
NOMD
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NOMD 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.
2025-10-10 22:06 5mo ago
2025-10-10 17:50 5mo ago
Trump Puts Additional 100% Tariffs On China: Crypto, Stocks Drop stocknewsapi
FXI KWEB MCHI
President Donald Trump stated on Friday that starting Nov. 1, the U.S. will introduce new 100% tariffs on goods imported from China in addition to all current tariffs.

Trade Tensions EscalateIn addition to the 100% tariffs on Chinese imports, Trump added that new export restrictions will impact every type of critical software the U.S. sends abroad, according to CNBC.

Read Next: Datavault AI Stock’s Face-Melting 720% Rally—What To Know

Trump's statement noted that China intends to place widespread export restrictions on nearly all their products, and some they do not even manufacture. He described this as an unprecedented measure in international trade, affecting all nations and calling it a long-planned, aggressive step by China.

"It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they make, and some not even made by them," Trump wrote in a Truth Social post.

Trump’s latest announcement followed China's decision to tighten controls on the export of rare earth minerals, which are essential for a range of technology, defense, and semiconductor industries—about 70% of which are sourced from China.

The BackgroundEarlier on Friday, President Trump sharply criticized Beijing’s recent decision to further restrict exports, describing the move as both “hostile” and “surprising.”

He stated that China has started sending letters to various nations outlining plans for export controls covering many materials.

Trump had warned that the U.S. might be forced to retaliate with economic measures, including a “massive increase” of tariffs on imported Chinese goods.

He concluded, “For every Element that they have been able to monopolize, we have two. I never thought it would come to this but perhaps, as with all things, the time has come.”

Markets ReactAll major U.S. indexes fell sharply on Friday with the Invesco QQQ Trust (NASDAQ:QQQ), tracking the Nasdaq 100, down another 1.22% at $582.33 in extended trading.

Cryptocurrencies plummeted with Bitcoin (CRYPTO: BTC) down nearly 9% hovering near $110,600 and Ethereum (CRYPTO: ETH) down 14% around $3,720.00.

Read Next: 

Rigetti Vs. Infleqtion: Citron Weighs In On Quantum ‘Raging Bulls’
Photo: Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2025-10-10 22:06 5mo ago
2025-10-10 17:54 5mo ago
Trump says AstraZeneca to offer drugs to US at discounted prices stocknewsapi
AZN
By Reuters

October 10, 20259:54 PM UTCUpdated ago

The logo of AstraZeneca is seen on medication packages in a pharmacy in London, Britain, April 28, 2014. REUTERS/Stefan Wermuth/File Photo Purchase Licensing Rights, opens new tab

CompaniesWASHINGTON, Oct 10 (Reuters) - U.S. President Donald Trump announced an agreement with AstraZeneca

(AZN.L), opens new tab on Friday where the drugmaker will offer its catalog of prescription drugs to the United States at a discounted price.

"AstraZeneca is committing to offer all of their prescription medications to Medicaid at most favored nations prices, in other words, the lowest price anywhere in the world." Trump told reporters at the White House.

Sign up here.

Reporting by Steve Holland; Writing by Ismail Shakil; Editing by Chris Reese

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-10 22:06 5mo ago
2025-10-10 17:54 5mo ago
S&P 500 Snapshot: Largest Loss in Six Months stocknewsapi
IVV RSP SPLG SPY VOO
The S&P 500 notched two new record highs this week before experiencing its largest daily loss in six months. The index sank -2.7% on Friday, ultimately leading to a weekly loss of -2.4%. Here is a snapshot of the index from the past week:

The table below summarizes the number of record highs reached each year dating back to 2013.

Here is a snapshot of the index from the past six months with a 50-day moving average:

S&P 500: A Perspective on Drawdowns
On October 9, 2007 the S&P 500 reached a then all-time high, closing the day at 1565.15. Then on March 9, 2009, the index dropped ~57% off of its high from exactly 17 months before, closing the day at 676.53. This time period became known as the Global Financial Crisis. It took over 5 years before the index reached a new then all-time high on March 28, 2013, where it closed out at 1569.19. The chart below is a snapshot of record highs and selloffs since the 2007 peak reached on October 9, 2007.

What happens if we take out the Global Financial Crisis? Here’s a snapshot the same chart above where the start date has been changed to the trough reached on March 9, 2009. Note the recent selloffs in 2022.

Here are a few tables with the number of days of a 1% or greater change in either direction and the number of days of corrections (down 10% or more from the record high).

And here is a linear chart of the index since October 9, 2007:

Here is a linearly scaled version of the same chart with the 50- and 200-day moving averages. The index has been above the 50-day moving average since May 1st and above the 200-day moving average since May 12th. Additionally the 50-day moving average has been above the 200-day moving average since July 1st.

S&P 500: A Perspective on Volatility
For a sense of the correlation between the closing price and intraday volatility, the chart below overlays the S&P 500 since 2007 with the intraday price range. On April 9th, the index experienced its largest intraday price volatility (10.77%) since December 24th, 2018 (19.10%). Also included is the 20-day moving average to identify trends in volatility. Over the past 20 days, the average percent change from the intraday low to the intraday high is 0.83%.

S&P 500 versus S&P Equal Weight
The S&P 500 is market cap-weighted index which includes roughly the 500 largest U.S. stocks spanning 11 sectors. The S&P 500 Equal Weight Index includes the same constituents as the S&P 500 but each company is equally weighted at a fixed weight. So how do these two indexes match up against each other this year?

The S&P 500 is currently up 11.65% year to date, while the S&P Equal Weight is up 5.96% year to date.

ETFs associated with the S&P 500 include: iShares Core S&P 500 ETF (IVV), SPDR S&P 500 ETF Trust (SPY), Vanguard S&P 500 ETF (VOO), SPDR Portfolio S&P 500 ETF (SPLG), and Invesco S&P 500® Equal Weight ETF (RSP).

Originally published at Advisor Perspectives

For more news, information, and strategy, visit the Innovative ETFs Content Hub.

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2025-10-10 22:06 5mo ago
2025-10-10 17:54 5mo ago
Large-Cap Tech Tilts Still Have Room to Grow stocknewsapi
BKCG
Diversification isn’t the only strategy that can help one’s portfolio overcome potential uncertainty within the U.S. economy.

That statement may come as a surprise to some. After all, when the threat of tariffs and inflation first reared its head earlier this year, many sought to branch out through international equities, commodities, or fixed income. This was done in part because many expected the traditional U.S. growth strategy to lose its luster as the year progressed.

While some sectors of the U.S. economy have struggled to keep pace with macroeconomic pressures, others have continued to deliver compelling performances. In particular, the information technology sector has continued to dominate the pack, with leading companies like Nvidia, Meta, and Microsoft posting strong quarterly earnings.

It’s no coincidence that the tech sector is continuing to see strong performance, even amid a potentially weaker U.S. economy. Many of the mega-cap tech names are in pole position to capitalize on the rising adoption of artificial intelligence. This includes the creation of new innovative products, along with supportive infrastructure, chipmaking, and cloud computing.

The relative resilience of the tech industry has created a potentially great opportunity for folks looking to fine-tune their large-cap equity portfolios. Even if the U.S. economy enters a weaker state, a tilt towards large-cap tech companies with strong balance sheets can help a portfolio ignore the near-term noise and focus on long-term growth.

BKCG Offers Access to Tech Momentum
The BNY Mellon Concentrated Growth ETF (BKCG) can help advisors and investors tap into the long-term opportunities in the tech sector. An actively managed fund, over 35% of BKCG’s portfolio sits in the Information Technology sector, as of August 31, 2025. This technology tilt includes dominant tech names like Nvidia, Microsoft, Apple, and Amazon, among others. These companies have resilient fundamentals and ever-expanding operations that can capitalize on growing interest in artificial intelligence.

Meanwhile, the remainder of the fund’s portfolio remains diversified through attractive companies in other sectors. This lets BKCG ride tech momentum, including AI growth, while not being beholden to the sector to see results.

What BKCG brings to a portfolio extends far beyond its tech holdings. As the fund’s title implies, BKCG utilizes a buy and hold strategy to invest in a concentrated portfolio of large-cap companies with compelling long-term potential. The fund’s portfolio team evaluates companies based on profitability patterns, balance sheets, and global presence, among other factors.

The fund’s buy and hold strategy, combined with its tilt towards tech, could prove to be a potent one-two punch for navigating an uncertain U.S. economy. While other funds may engage in panic trades based on the latest headlines, BKCG’s portfolio is designed to remain steadfast and focus on the fundamentals of its individual companies.

For more news, information, and strategy, visit our Portfolio Strategies Content Hub.

Earn free CE credits and discover new strategies
2025-10-10 22:06 5mo ago
2025-10-10 17:56 5mo ago
Stock market jitters are justified given China tariffs: Longview Global's McNeal stocknewsapi
FXI KWEB MCHI
CNBC's "Fast Money" team discusses President Trump's extra 100% tariff on China imports, the market reaction and more with Dewardric McNeal, managing director and senior policy analyst at Longview Global.