Market Signal Briefing

Journalist

Posted: October 9, 2025

Key Takeaways
Why is BNB seeking an ecosystem overhaul? 
It seems the chain wants to position itself as more than just a gambling scene. 

Will it lift BNB higher? 
If the explosive chain traction continues, the $1.5K could be reachable

The BNB chain ecosystem is doubling down on expansion. YZi Labs, the investment vehicle of Binance’s founder Changpeng Zhao (CZ), has announced a $1B Builder Fund to support founders in the ecosystem. 

The fund targets builders in DeFi, AI, tokenization, decentralized science (DeSci), and more, according to Ella Zhang, Head of YZi Labs.

She added that the chain is the ‘next phase of digital infrastructure’ with ‘real distribution’, citing its 460 million user base and recent network improvements. 

The update was timely, just after BNB printed a new ATH and an explosive memecoin season that allowed it to top weekly DEX volume. 

Ready to rival Solana?
Despite record on-chain traction, the ecosystem has been criticized for potentially offering nothing but gambling via memecoins. 

According to a community member and pseudonymous crypto commentator, Frank Degods, the ecosystem had everything needed to pump tokens.

However, it may struggle to ship out solutions that address real pain points.  

Source: X

The YZi Labs update arrived at a crucial moment, likely aiming to reposition the chain beyond its reputation as a gambling hub and counter such perceptions.

According to the firm, the chain is now faster and more cost-efficient—making it an ideal environment for developers and builders.

“The Maxwell Hardfork in May further improved network performance, cutting block times to 0.75 seconds and lowering its transaction fees to 0.05 Gwei, attracting a large inflow of users and builders to the BNB ecosystem.”

Despite recent updates, the chain’s Developer Activity has been declining since May, highlighting a slowdown in network development during the second half of 2025.

Source: Santiment

Compared to Solana, the Developer Activity surged in 2025 but eased in Q4. However, since late September, the metric recovered, illustrating steady network growth. 

Source: Santiment 

That said, in terms of DEX volume, BNB raked in $16B while Solana [SOL] ranked second with a $15B this week. 

Interestingly, this wasn’t the first time BNB chain flipped Solana in memecoin traction. It pulled a similar outperformance earlier in the year, 

Source: DeFiLlama

If the traction extends and BNB defends the $1K, the $1.5K price level could be the next bullish target. 

Source: BNB/USDT, TradingView 

Bitcoin's climb shows no signs of stopping, and one of crypto's loudest bulls says the rally could keep running as long as governments keep expanding the money supply.

Dogecoin started a fresh decline below the $0.260 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550.

DOGE price started a fresh decline below the $0.2550 level.
The price is trading below the $0.2550 level and the 100-hourly simple moving average.
There is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could extend losses if there is a move below $0.2420.

Dogecoin Price Trims Gains
Dogecoin price started a fresh decline after it closed below $0.2620, like Bitcoin and Ethereum. DOGE declined below the $0.260 and $0.2550 support levels.

The price even traded below $0.2450. A low was formed near $0.2430, and the price recently attempted a recovery wave. There was a move above the 50% Fib retracement level of the downward move from the $0.2701 swing high to the $0.2431 low.

However, the bears were active near the $0.260 resistance and the 61.8% Fib retracement level of the downward move from the $0.2701 swing high to the $0.2431 low. Besides, there is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.2550 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2550 level. The first major resistance for the bulls could be near the $0.2570 level and the trend line.

Source: DOGEUSD on TradingView.com
The next major resistance is near the $0.260 level. A close above the $0.260 resistance might send the price toward the $0.2780 resistance. Any more gains might send the price toward the $0.2840 level. The next major stop for the bulls might be $0.2920.

More Losses In DOGE?
If DOGE’s price fails to climb above the $0.2550 level, it could continue to move down. Initial support on the downside is near the $0.2470 level. The next major support is near the $0.2420 level.

The main support sits at $0.2350. If there is a downside break below the $0.2350 support, the price could decline further. In the stated case, the price might slide toward the $0.2120 level or even $0.2050 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.2420 and $0.2350.

Major Resistance Levels – $0.2550 and $0.2600.

The crypto market has rallied for most of 2025, but signs of exhaustion are starting to appear. According to on-chain analyst Willy Woo, market conditions now resemble previous late-cycle phases that led to big drawdowns. He says that another 80% correction in Bitcoin’s price remains probable, not because of weak fundamentals, but because of thinning global liquidity.

Each market cycle exposes structural weaknesses. The last downturn from 2022 to 2023 was one of the harshest in the industry’s history. It began with the collapse of Terra’s Luna ecosystem, erasing more than $40 billion in value and triggering a chain of failures that spread through the market.

When the Dominoes FellAfter Luna collapsed, leveraged firms like Celsius and Three Arrows Capital unraveled. Their losses rippled into lenders, market makers, and exchanges. Genesis, Alameda Research, and eventually FTX followed, creating what became a near-systemic failure. Billions of dollars in customer funds vanished, and the industry spent over a year rebuilding from the wreckage.

Today, the system is stronger. Exchange reserves are more transparent, regulators are more active, and spot ETFs have shifted liquidity toward regulated markets. Risky leverage is less common. But a sturdier structure does not make crypto immune. Bitcoin remains tied to global liquidity flows, and when those weaken, even the strongest foundations are tested.

Liquidity Still Rules the MarketWoo’s analysis centers on liquidity as the main force behind every major price cycle. During the Federal Reserve’s tightening phase between 2022 and 2023, global liquidity shrank and Bitcoin lost about 77% of its value. The same relationship, he argues, still holds true today.

Liquidity acts as the oxygen of the market. When it expands, prices rise easily. When it contracts, the entire risk curve deflates. Bitcoin, sitting furthest on that curve, always reacts first and hardest. While traditional markets may fall by a third during recessions, Bitcoin and altcoins often lose 70–80% as speculation unwinds.

Liquidity Models Flash RedWoo’s macro cycle risk model shows that market prices are again stretching far above their liquidity base. When risk levels rise and real inflows weaken, the market is sustained more by momentum than by capital — a fragile state that has historically preceded sharp reversals.

His liquidity index paints the same picture. The last time it fell below a critical threshold was before the 2017 and 2021 peaks, both followed by drawdowns exceeding 70%. Bitcoin has now slipped below that line once again. At the same time, the Federal Reserve’s liquidity injections are tapering, reducing the cash that once supported the rally. Prices remain elevated, but the capital behind them is weakening.

In conclusion, stronger plumbing can slow the decline, but it cannot defy gravity. The market may survive the next crash more cleanly — yet it will still have to fall before it finds its next base. At the time of writing, Bitcoin is trading above $122,000 and has slipped into the green zone.

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

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

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On-chain flows show large holders adding 30M tokens (approximately $8M), suggesting accumulation remains intact even as resistance caps upside momentum.Updated Oct 9, 2025, 5:18 a.m. Published Oct 9, 2025, 5:18 a.m.

Dogecoin failed to sustain above $0.26, triggering heavy institutional profit-taking that dragged price back toward $0.25.

Despite the short-term retreat, on-chain flows show large holders adding 30M tokens (approximately $8M), suggesting accumulation remains intact even as resistance caps upside momentum.

News BackgroundDOGE traded a 6% range between $0.24 and $0.26 in the 24 hours to Oct. 9. The token rallied into $0.26 during the afternoon session but met strong institutional selling pressure. Whale addresses added more than 30M DOGE, reinforcing longer-term positioning despite near-term weakness. Analysts highlighted parallels to prior historical cycles where key resistance breaks have unlocked exponential upside, with $0.41 flagged as a critical longer-term trigger.

STORY CONTINUES BELOW

Price Action SummaryDOGE spiked from $0.25 to $0.26 around 17:00 on 750M turnover — double the daily average.Heavy profit-taking at $0.26 reversed gains, pulling price back to $0.25 by session close.Late trading saw a breakdown below $0.25 as liquidation flows hit, with a 14.6M surge at 02:01 confirming distribution.DOGE closed at $0.25, down ~2% from intraday highs.Technical AnalysisResistance is reinforced at $0.26 after repeated rejections on elevated volume. Support at $0.25 failed late in the session under liquidation flows, raising near-term downside risk. Still, accumulation patterns — with 30M DOGE added by large wallets — point to institutional confidence in the broader structure. A sustained reclaim of $0.26 would open the path toward $0.27–$0.30, while $0.24 is now the near-term floor to watch.

What Traders Are Watching?Whether DOGE can quickly regain $0.25 support after the liquidation flush.If whale accumulation continues to offset distribution at resistance.A clean break through $0.26 to reestablish upside momentum.Longer-term watch: $0.41 resistance, tied to historic breakout cycles.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

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XRP Rejected at $2.93, Tests $2.85 Support After Failed Breakout

6 minutes ago

A fresh supply zone formed at $2.92–$2.93, while the $2.85 floor is now under scrutiny as macro headwinds weigh on flows.

What to know:

XRP spiked above $2.90 before profit-taking reversed gains, closing at $2.85.A new supply zone formed at $2.92–$2.93, with $2.85 now under scrutiny as a potential floor.Traders are watching macroeconomic factors and regulatory developments for future price movement.Read full story

A fresh supply zone formed at $2.92–$2.93, while the $2.85 floor is now under scrutiny as macro headwinds weigh on flows.Updated Oct 9, 2025, 5:23 a.m. Published Oct 9, 2025, 5:22 a.m.

XRP spiked above $2.90 on double-average volume before profit-taking reversed gains, leaving price back at $2.85. A fresh supply zone formed at $2.92–$2.93, while the $2.85 floor is now under scrutiny as macro headwinds weigh on flows.

News BackgroundXRP rallied 2% intraday on Oct. 8, jumping from $2.88 to $2.93 at 17:00 on 86.6M turnover — nearly double the 24-hour average of 48.3M. The move coincided with heightened geopolitical tensions and central bank maneuvering, which fueled broader volatility across risk assets. Traders noted that despite stronger institutional adoption trends, profit-taking dominated into the U.S. close.

STORY CONTINUES BELOW

Price Action SummaryXRP traded a $0.08 corridor (3% range) between $2.85 and $2.93.Afternoon breakout through $2.90 resistance peaked at $2.926 before reversing.The rally established a supply zone at $2.92–$2.93.Closing hour saw price slip from $2.86 to $2.85, with 2.97M volume confirming a breakdown.XRP settled at $2.851, down 2.5% from intraday highs.Technical AnalysisSupport at $2.86 cracked under heavy sell pressure, turning that level into near-term resistance. The next floor sits at $2.85, with any decisive break opening risk toward $2.80. Resistance remains at $2.92–$2.93, where high-volume rejection printed. While price structure shows bearish momentum short term, institutional accumulation themes and regulatory catalysts still underpin broader positioning.

What Traders Are Watching?Whether $2.85 holds as a near-term floor or yields to $2.80.A retest of $2.92–$2.93 supply zone if momentum returns.Macro catalysts: Fed policy expectations and trade tensions impacting risk flows.ETF and regulatory clarity themes that could re-anchor institutional bids.Meer voor jou

Total Crypto Trading Volume Hits Yearly High of $9.72T

9 sep 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

Wat u moet weten:

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

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DOGE Rejected at $0.26, Slides 2% as Profit-Taking Hits

21 minutes ago

On-chain flows show large holders adding 30M tokens (approximately $8M), suggesting accumulation remains intact even as resistance caps upside momentum.

What to know:

Dogecoin failed to maintain above $0.26, leading to significant institutional profit-taking.Large holders added 30 million DOGE, indicating ongoing accumulation despite resistance.Traders are watching for a recovery above $0.25 and a potential break through $0.26.Read full story

Dogecoin (DOGE) struggled to hold above the $0.26 mark after a brief rally, triggering a wave of institutional profit-taking that dragged prices back toward $0.25. The meme coin traded within a tight 6% range between $0.24 and $0.26 over the last 24 hours, reflecting both strong resistance and renewed accumulation from large investors.

During the afternoon session, DOGE surged to $0.26 on heavy trading volume exceeding 750 million tokens—double its daily average. However, the rally was short-lived as institutional players locked in profits, reversing gains and sending the price back to $0.25 by session close. Later trading saw further pressure, with a dip below $0.25 fueled by liquidation flows totaling 14.6 million tokens. DOGE ultimately closed the day at $0.25, down about 2% from its intraday peak.

Despite the short-term pullback, on-chain data shows strong whale activity. Large holders accumulated over 30 million DOGE (roughly $8 million), signaling confidence in long-term fundamentals even as short-term resistance weighs on price momentum. Analysts see parallels to previous Dogecoin cycles, where similar resistance levels preceded major breakouts. The $0.41 level remains a key target for any sustained bullish move.

Technically, resistance at $0.26 has been reinforced by repeated rejections, while near-term support has shifted to $0.24 following the recent breakdown. A decisive move above $0.26 could open the path toward $0.27–$0.30, whereas failure to reclaim $0.25 might lead to further downside pressure.

Traders are closely watching whether DOGE can reclaim $0.25 support, sustain ongoing whale accumulation, and eventually push past $0.26 to confirm renewed bullish momentum.

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XRP’s latest price action showed a sharp but short-lived rally, as the token briefly surged above $2.90 before slipping back to the $2.85 range. The move, driven by nearly double the average trading volume, highlights ongoing volatility across the crypto market amid global macroeconomic uncertainty.

On October 8, XRP jumped from $2.88 to $2.93 around 17:00, reaching a daily turnover of 86.6 million — well above its 24-hour average of 48.3 million. The rally coincided with increased geopolitical tensions and shifts in central bank policy, which spurred risk-asset movement across markets. Despite signs of institutional accumulation, the late-session pullback showed that short-term traders were quick to take profits as U.S. markets closed.

XRP traded within a tight $0.08 corridor, moving between $2.85 and $2.93. The breakout through $2.90 resistance peaked at $2.926 before reversing, forming a fresh supply zone at $2.92–$2.93. Selling pressure intensified into the final hour, driving the price down to $2.851 with 2.97 million in closing-hour volume, marking a 2.5% decline from intraday highs.

Technically, support at $2.86 has flipped into resistance, placing $2.85 as the key short-term floor. A break below that level could expose XRP to further downside toward $2.80. On the upside, buyers must reclaim the $2.92–$2.93 zone to regain momentum. Although near-term sentiment leans bearish, broader optimism around institutional adoption and potential regulatory clarity continues to provide a constructive backdrop for long-term investors.

Traders are now watching whether $2.85 can hold, as macro headwinds — including evolving Federal Reserve policy and global trade tensions — shape risk sentiment across digital assets.

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Asset manager Bitwise’s decision to set a 0.20% fee on its amended US-based Solana ETF application, which now includes staking, may be a sign of how competitive the product could get among ETF issuers, according to ETF analyst Eric Balchunas.

“Thought we’d see higher first, need war to get this low,” Balchunas said in an X post on Wednesday. “They prob figured it’s gonna end up there anyway, so just do it now,” he said, adding it is a “veteran Terrordome move right there.”

Bitwise amended its filing with the US Securities and Exchange Commission on Wednesday, updating the proposed Solana (SOL) ETF to include an annual management fee of 0.20% and the addition of a staking feature. The fee places it in the middle of the range for most crypto ETFs, which typically fall between 0.15% and 0.25%.

“Low fees have a near-perfect record of attracting investors, so it’s a good sign for inflow potential,” Balchunas explained.

Crypto ETF fee speculation has been around for some timeAhead of potential crypto ETF launches, industry attention has often focused on which ETF issuers would offer the lowest fees. 

Solana is up 6.11% over the past 30 days, trading at $227 at the time of publication. Source: CoinMarketCapThe competition was especially fierce before the US debut of spot Bitcoin (BTC) ETFs in January 2024, when asset manager VanEck waived all fees and later extended the waiver through January 2026 for up to $2.5 billion in assets under management. Meanwhile, Grayscale Bitcoin Mini Trust (BTC) set an annual sponsor fee of 0.15%.

On July 2, the US’s first Solana staking ETF, the REX-Osprey Solana Staking ETF (SSK) ended its debut trading day with $12 million in inflows. The annual management fee for the SSK is 0.75%.

BlackRock’s silence on Solana ETF However, Balchunas pointed out that Bitwise’s proposed offering is cheaper, has better tracking, and is 100% physically backed by Solana's spot assets. “SSK is riddled with tracking issues like a futures ETF. It trails spot Solana by 12%- although it got better in the past month,” he said.

Crypto commentator Magoo PhD echoed a statement that has been asked by many in recent times over why the world’s largest asset manager, BlackRock, “is not filing for a SOL ETF.”

ETF analyst James Seyffart recently said that it would be “messed up” if BlackRock were to file a last-minute application to launch alongside other issuers, after those firms had already done the heavy lifting with the SEC to get the products market-ready.

ETF analyst Nate Geraci forecasted on Sept. 26 that several applications for Solana ETFs with staking could receive US approval by mid-October.

Magazine: EU’s privacy-killing Chat Control bill delayed — but fight isn’t over

Zcash (ZEC), the privacy-focused cryptocurrency, is making a stunning return to the spotlight after years of quiet trading. The token has soared by more than 250% in recent weeks and jumped another 35% today, reaching around $173, its highest level in years. 

After a long period of silence, ZEC’s sudden breakout has traders asking one question: why is the Zcash price going up today?

What’s Driving the ZEC Price Rally?Institutional Access Fuels Hopes for a ZEC ETFOne of the main reasons for the sudden rally is new institutional access. Grayscale, one of the largest digital asset managers, recently announced a new ZEC trust fund to allow eligible investors to gain exposure to Zcash. 

This move has increased the possibility of Grayscale going for a ZEC ETF filing soon. 

According to analysts, this change has made ZEC more appealing to larger investors seeking diversification beyond Bitcoin and Ethereum.

Big-Name Endorsements Amplify the HypeThe second major catalyst has been high-profile endorsements. Key influencers and analysts like Mert Mumtaz, CEO of Helius Labs, have been actively promoting ZEC’s privacy features and calling for much higher prices

Even the venture capitalist Naval Ravikant praised Zcash on X, calling it “insurance against Bitcoin.” This sudden attention helped break ZEC out of its long sideways trend, sending prices soaring past key resistance levels.

Renewed Demand for Privacy CoinsAs governments worldwide push for stricter financial controls and transparency, more crypto users are seeking privacy solutions. Zcash’s “shielded transactions” allow users to keep their wallet balances and transfers private, which has triggered fresh buying over the past week.

In a time when transparency and surveillance concerns are rising, privacy-focused assets are regaining investor interest.

Zcash (ZEC) Price OutlookZcash has quickly become a top performer amid the recent “Uptober” rally in altcoins. The jump also triggered liquidations of millions in short positions, flipping Zcash’s technical chart bullish.

Meanwhile, traders now see $180–$200 as the next short-term target if the rally continues.

If regulatory news or new products for privacy coins launch, momentum could build further. Some analysts predict ZEC could touch $350–$450 by the end of 2025, but warn that volatility is high and profit-taking could cause sharp pullbacks.

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

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

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Canary Capital’s proposed Trump Coin ETF (ticker: TRPC) has officially appeared on the Depository Trust & Clearing Corporation (DTCC) platform, signaling progress toward potential trading readiness. The listing comes as the U.S. Securities and Exchange Commission (SEC) continues its review of the ETF proposal, a process that typically spans several months as it gathers comments and feedback. While there’s no definitive approval timeline, the listing has already stirred excitement within the crypto community.

The Trump Coin ETF was first registered in August, triggering a surge in market sentiment and trading volume for the meme coin. A DTCC listing typically means a fund has completed key procedural steps like trade clearance, settlement, and share creation under the NSCC framework. This positions the Trump Coin ETF alongside other digital-asset funds preparing for market entry, such as the 21Shares DOGE ETF (ticker: TDOG), which recently appeared on the same platform. The inclusion of meme-coin-linked products on DTCC underscores the growing mainstream acceptance of such assets in traditional financial markets.

If approved, the Trump Coin ETF could significantly enhance liquidity and attract traditional investors by enabling exposure without requiring direct coin ownership. Analysts suggest that the SEC’s recent stance—viewing meme coins more as commodities than securities—might further boost approval odds.

Crypto analyst Mr. Albert noted in a TradingView post that Trump Coin has been trading in a tight range near a key support level around $7.00. He predicts that maintaining this support could trigger a bullish breakout toward $8.00 and beyond. Meanwhile, Fight Fight Fight LLC’s plan to raise $200 million for a Trump Coin treasury has fueled optimism, with Coinglass data showing a 6% rise in open interest to $350.91 million and increased trading activity across major exchanges.

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Grayscale Investments has adjusted its multi-asset crypto funds for Q3 2025, adding Aerodrome Finance and Story while removing MakerDAO.

Summary

Grayscale adds Aerodrome (AERO) and Story (IP) to its DeFi and AI funds.
MakerDAO (MKR) removed from the DeFi Fund during Q3 rebalancing.
Rebalancing reflects growing investor focus on Base and AI-driven blockchain assets.

The changes, executed on Oct. 3, align with the firm’s index methodologies and reflect shifting trends in DeFi, smart contracts, and AI-linked tokens.

According to data from Grayscale and CoinDesk Indices, the rebalancing affected three flagship products: the Grayscale Decentralized Finance Fund, Smart Contract Fund, and Decentralized AI Fund.

These funds are designed to give investors diversified exposure to key segments of the digital asset market.

AERO joins DeFi fund, IP enters AI portfolio
The DeFi Fund’s update marked the biggest shift this quarter. The proceeds from the sale of MakerDAO were transferred to Aerodrome Finance, a developing DeFi protocol on Base.

Currently, DEFG includes Uniswap (32.3%), Aave (28.1%), Ondo (19.1%), Lido (7.0%), Curve (6.9%), and Aerodrome (6.6%). The move shows that investors are drawn to protocols that prioritize liquidity and present chances for consistent yield.

To meet index balance requirements, the SCF modified the weightings of Ethereum, Solana, Cardano, Avalanche, Sui, and Hedera while keeping its component list intact.

The AI Fund, meanwhile, now owns NEAR (25.8%), Bittensor (22.1%), Story (21.5%), Render (12.9%), Filecoin (11.4%), and The Graph (6.2%) in addition to Story (IP), a narrative-driven AI project.

Reflecting growth in DeFi and AI sectors
A move toward new ecosystems like Base and the expanding AI-integrated web3 landscape is indicated by the recent rebalancing. While AERO’s inclusion reflects the increasing use of Base-based protocols, IP’s inclusion reflects investor interest in AI-powered content and infrastructure networks.

Regular updates from Grayscale are intended to preserve openness and alignment to the underlying index methodologies. Each fund, as a passive investment vehicle, complies with stringent compliance and reporting regulations while providing investors with indirect exposure to developing blockchain sectors.

Bitcoin’s recent price action suggests a cooling phase after its failed attempt to secure a close above the $123,000–$124,000 all-time high zone. While short-term retracement appears likely, the broader market structure remains bullish. This correction could serve as a healthy reset before Bitcoin gathers momentum for its next major wave, with $150,000 standing as the next target.

Heatmap Reveals Key Gaps In Bitcoin’s Support Levels
ZYN, a prominent crypto analyst, recently posted an update on X highlighting a key observation from Bitcoin’s cost basis heatmap. The analyst noted that there’s limited support between the $121,000 and $120,000 levels, creating a fragile zone that Bitcoin could easily slip through if selling pressure intensifies.

Below that, ZYN pointed out a major area of interest around $117,000, where approximately 190,000 BTC had been previously purchased. This accumulation zone reflects a strong base of recent buyers and could serve as a critical level where market participants step in to absorb any downside pressure.

BTC next key support levels | Source: Chart from ZYN on X
If Bitcoin does pull back toward $117,000, the analyst believes it could set the stage for renewed accumulation rather than a deeper correction. Historically, retracements into strong support levels like this have provided fuel for the next leg higher as both existing and new investors take advantage of lower entry points. Summing up, ZYN emphasized that while Bitcoin lacks meaningful cushioning around $121,000, a solid foundation appears to be forming at $117,000. 

BTC Struggles To Hold Above All-Time High Zone
In a recent market update, Crypto Candy observed that BTC once again struggled to maintain momentum above its ATH resistance zone between $123,000 and $124,000. The level has proven to be a tough barrier, with price attempts above it quickly met by selling pressure. As a result, BTC failed to close and sustain above this critical area, leading to a retracement that aligns with earlier expectations outlined in their analysis.

Presently, this short-term correction is viewed as part of a natural and healthy market cycle, not a signal of weakness. The analyst noted that if the current momentum persists, Bitcoin could dip toward the $116,000–$118,000 region before finding strong support. This range is viewed as a potential accumulation zone where buying interest could re-emerge, setting the stage for renewed bullish momentum.

Despite the pullback, the broader outlook remains optimistic. Crypto Candy reaffirmed a psychological long-term target of $150,000 for Bitcoin, suggesting that the current price action is merely a temporary pause before the next leg higher.

BTC trading at $122,920 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com

Cadre Holdings, Inc. (NYSE:CDRE) Analyst/Investor Day October 8, 2025 10:00 AM EDT

Company Participants

Warren Kanders - Executive Chairman & CEO
Brad Williams - President
Blaine Browers - Chief Financial Officer
Eric Gasvoda
Joe Dixon
Claudia Reich
Marc Rood
Michael Moulin-Ramsden
Terry Wickland

Conference Call Participants

Jeff Van Sinderen - B. Riley Securities, Inc., Research Division
Terry Wickland
Marc Rood
Claudia Reich
Michael Moulin-Ramsden
Jordan Lyonnais - BofA Securities, Research Division
Matt Koranda - ROTH Capital Partners, LLC, Research Division
Mark Smith - Lake Street Capital Markets, LLC, Research Division

Presentation

Warren Kanders
Executive Chairman & CEO

Good morning. I want to welcome everybody today. I'm Warren Kanders. I'm the Chairman and Chief Executive Officer of Cadre Holdings. And I'm here today with many of my colleagues, and you're going to have a wonderful morning learning about our businesses and specifically our nuclear businesses. It is a privilege to stand before so many partners, colleagues and friends.

Our world is marked by uncertainty, escalating geopolitical risks, heightening security imperatives and an urgent commitment to protect people and infrastructure at home and abroad. For us, this landscape is not a source of anxiety but of opportunity. In volatile times, resolve and focus reveal true leadership. We have built our reputation by enabling those entrusted with the toughest missions, EOD technicians, first responders, nuclear safety teams to operate with confidence and precision.

Their task is unforgiving. Our obligation to them uncompromising. This sense of duty drives our culture, sharpens our execution and ensures that what we make truly matters. As operating reality shift, so must we. Protection today extends beyond armor and suits. It is about fortifying defense systems, safeguarding energy and securing the backbone of critical infrastructure. Our foray into nuclear safety, delivering platforms for containment, detection and rapid response advances this commitment. The sustained development and our most recent award of Advanced Blast Sensors over 5 years is a natural strategic extension of our core. We win

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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

DENVER, Oct. 08, 2025 (GLOBE NEWSWIRE) -- RCF Private Equity Fund I L.P. (formerly, Resource Capital Fund VII L.P.) (“RCF”) reports that it has filed an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection to its shareholdings in Orezone Gold Corporation (TSX: ORE) (the “Company” or “Orezone”).

On October 7, 2025, and October 8, 2025 RCF sold 1,001,400 common shares in the capital of Orezone (the “Orezone Shares”) at a price of C$1.61 and 16,000,000 Orezone Shares, respectively, at a price of C$1.50 per Orezone Share (collectivly the “Sales”). The trades were executed through the facilities of the Toronto Stock Exchange. The net proceeds received by RCF in respect of the sale on October 7, 2025 was C$1,605,804.98, and the net proceeds received by RCF in respect of the sale on October 8, 2025 was C$23,820,000, for aggregate net proceeds of C$25,425,804.98.

Immediately prior to the Sales, RCF owned and controlled a total of 32,415,660 Orezone Shares, representing approximately 5.42% of the issued and outstanding Common Shares. As a result of and immediately following the Sales, RCF owned and controlled a total of 15,414,260 Common Shares, representing approximately 2.58% of the issued and outstanding Orezone Shares.

RCF also holds a US$25 million convertible debenture, previously issued by the Company on October 15, 2021 and amended on December 20, 2024 (the “Amended Debenture”). Pursuant to the terms of the Amended Debenture, RCF may elect to convert the outstanding principal amount of the Amended Debenture into Orezone Shares at a conversion price of US$0.70 per Orezone Share (the “Conversion Price”), in accordance with the terms set out in the Amended Debenture.

Immediately prior to the Sales, assuming the conversion in whole of the principal amount of the Amended Debenture at the Conversion Price, RCF would have come to own an aggregate of 68,129,946 Orezone Shares, representing approximately 10.75% of the issued and outstanding Orezone Shares. As a result of and immediately following the Sales, assuming the conversion in whole of the principal amount of the Amended Debenture at the Conversion Price, RCF would come to own an aggregate of 51,128,546 Orezone Shares, representing approximately 8.07% of the issued and outstanding Orezone Shares.

RCF disposed of the Orezone Shares in accordance with RCF’s investment policy to generate proceeds from its investment in Orezone. RCF may from time to time acquire additional securities of Orezone, dispose of some or all of the existing or additional securities or may continue to hold the securities of Orezone.

The Company’s head office is located at Suite 450 – 505 Burrard Street, Vancouver, British Columbia V7X 1M3.

To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see the Company’s profile on the SEDAR+ website at www.sedarplus.ca.

About RCF Private Equity Fund I L.P.

RCF is a private investment fund existing under the laws of the Cayman Islands. RCF is ultimately managed by RCF Management LLC. For further information and to obtain a copy of the early warning report, please contact:

RCF Private Equity Fund I L.P.
1400 Wewatta Street, Suite 850
Denver, Colorado, 80202
Telephone: (720) 946-1444
Attn: Mason Hills

October 08, 2025 23:13 ET

 | Source:

Western Uranium & Vanadium Corp.

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Toronto, Ontario and Nucla, Colorado, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE: WUC) (“Western” or the  ”Company”) is pleased to announce that it has entered into an engagement agreement with A.G.P. Canada Investments ULC ("A.G.P. Canada") to act as sole underwriter and bookrunner for the Company in connection with a bought deal private placement financing of 5,555,556 units at a price of Cdn$0.90 per unit for aggregate gross proceeds of  approximately Cdn$5,000,000 (the “Offering”).  Each unit to be placed in the Offering (each, a “Unit”) will be comprised of one common share and one common share purchase warrant, with each whole warrant being exercisable for one common share of the Company at a price of Cdn$1.20 per share, for a period of four years and a half.

The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer financing exemption (“LIFE”) under Part 5A of National Instrument 45-106– Prospectus Exemptions in all the provinces of Canada, except Québec, and in certain other jurisdictions pursuant to applicable securities laws. The securities issuable pursuant to the LIFE exemption will not be subject to any statutory hold period under applicable Canadian securities laws. Western has prepared and filed an offering document (the “Offering Document”) relating to the Offering that can be accessed under the Company's profile at www.sedarplus.com, and is posting the same on the Company's website at www.western-uranium.com. Prospective investors should read the Offering Document before making an investment decision.

Closing of the Offering is subject to certain conditions and receipt of all necessary approvals, including compliance with the requirements of the Canadian Securities Exchange (“CSE”).

A commission comprised of cash and broker warrants is expected to be paid on closing to A.G.P. Canada on proceeds raised from the Offering through their efforts. Broker warrants will have similar terms and conditions as the Offering warrants, except that broker warrants will be subject to a statutory four-month hold period. As described in greater detail in the Offering Document, the net proceeds of the Offering will be used as follows:  (a) permitting of Mustang Mineral Processing Plant; (b) drilling, monitoring and permitting for the San Rafael Uranium Project; (c) mine development and maintenance across the production portfolio; (c) permitting and baseline data collection for Topaz Mine; and (e) general corporate working capital purposes, including general and administrative costs.

In addition, the Units will be offered in the United States on a private placement basis pursuant to available exemptions from the registration requirements under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"); and in such other jurisdictions outside of Canada and the United States, as agreed upon by A.G.P. Canada and the Company, pursuant to available prospectus and registration exemptions in accordance with applicable laws.

The securities described herein have not been, and will not be, registered under the U.S. Securities Act or any state securities laws, and accordingly, may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptionstherefrom. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction.

About Western Uranium & Vanadium Corp.

Western Uranium & Vanadium Corp. is developing high-grade uranium and vanadium production. Western is currently licensing and developing the Mustang Mineral Processing Plant for mined material recovery which may incorporate kinetic separation to optimize economics. Western holds a number of resource properties including the Sunday Mine Complex, its flagship property located in the prolific Uravan Mineral Belt. The production pipeline encompasses multiple conventional projects in Colorado and Utah that are currently undergoing permitting and development. The Company continues to review opportunities to acquire and develop additional complementary properties in proximity to the processing plant site.

Cautionary Note Regarding Forward-Looking Information:

Certain information contained in this news release constitutes “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws (collectively, “forward-looking statements”).  Statements of that nature include statements relating to, or that are dependent upon: the Company’s expectations, estimates and projections regarding the Offering, timing and/or completion (if any) of the Offering,intended use of proceeds of the Offering, approval of the CSE and filing of the Offering Document; exploration and production plans and results; the timing of planned activities; whether the Company can raise any additional funds required to implement its plans;  whether regulatory or analogous requirements can be satisfied to permit planned activities; and more generally to the Company’s business, and the economic and political environment applicable to its operations, assets and plans. All such forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond the Company’s ability to control or predict. Please refer to the Company’s most recent Management’s Discussion and Analysis, as well as its other filings at www.sec.gov and/or www.sedarplus.com, for a more detailed review of those risk factors.  Readers are cautioned not to place undue reliance on the Company’s forward-looking statements, and that these statements are made as of the date hereof. While the Company may do so, it does not undertake any obligation to update these forward-looking statements at any particular time, except as and to the extent required under applicable laws and regulations.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

George Glasier                                                                                
President and CEO                                                                          
970-864-2125                                    
[email protected]                                                

Robert Klein
Chief Financial Officer
908-872-7686
[email protected] 

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Netflix is making its video games available for play on TVs for the first time, with games including Boggle Party and Lego Party. Co-CEO Greg Peters made the announcement at the Bloomberg Screentime conference in Los Angeles.

Item 1 of 2 Logos of HSBC are displayed at a major branch at the financial Central district in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip

[1/2]Logos of HSBC are displayed at a major branch at the financial Central district in Hong Kong, China February 21, 2017. REUTERS/Bobby Yip Purchase Licensing Rights, opens new tab

SINGAPORE, Oct 9 (Reuters) - HSBC

(HSBA.L), opens new tab on Thursday proposed to take Hong Kong-listed Hang Seng Bank

(0011.HK), opens new tab private for HK$155 per share, valuing the lender at about HK$290 billion ($37 billion).

HSBC, which already owns roughly 63% of Hang Seng, said it will keep the Hang Seng brand and branch network if the deal goes through.

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WHAT IS HANG SENG BANK?Founded in 1933, Hang Seng is one of Hong Kong's largest banks and a principal member of the HSBC Group. It serves about 4 million customers through digital platforms and more than 250 branches across the city, according to its website.

It focuses on wealth and personal banking, commercial banking, and global banking and markets. It also runs Hang Seng Bank (China) Ltd, with branches in major mainland cities, and maintains a presence in Macau and Singapore, its website showed.

HOW BIG IS IT?Hang Seng Bank is a major player in Hong Kong's banking sector, with total assets of HK$1.8 trillion as of end-2024. The bank reported net profit of HK$18.4 billion for 2024, delivering a return on equity of 11.3%.

Its capital position remains strong, with a Common Equity Tier 1 (CET1) ratio of 17.7%, according to its annual results statement published on February.

WHAT'S HAPPENING NOW?HSBC's offer represents a 30-33% premium to Hang Seng’s recent average share price, valuing the 36.5% stake at about HK$106.1 billion. The proposal includes a dividend adjustment mechanism and a "no increase" statement, meaning the price will not be raised.

The deal requires shareholder approval and Hong Kong court sanction, according to HSBC's filing on Thursday.

WHY DOES IT MATTER?HSBC says the move underscores its commitment to Hong Kong, its biggest profit centre, amid global restructuring. It also signals confidence in Hong Kong's long-term prospects despite property market stress and economic headwinds, according to HSBC announcement on Thursday.

PROPERTY TROUBLESHang Seng has been hit by a prolonged property downturn in Hong Kong and mainland China. Impaired loans reached 6.7% of its gross loans as of June 2025, up sharply from 2.8% at the end of 2023. The increase has been mainly due to commercial real estate exposure, according to a speech by its executive director and CEO Diana Cesar in July.

The bank increased provisions and disclosed increased Stage 2 and Stage 3 exposures in its real estate portfolio, reflecting stress in the sector, its banking disclosure statement in March showed.

HSBC's Thursday media statement focused on strategic rationale and brand preservation, without detailing property risk.

Reporting by Yantoultra Ngui; Editing by Scott Murdoch and Kim Coghill

Our Standards: The Thomson Reuters Trust Principles., opens new tab

, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Nutex Health Inc. (NASDAQ: NUTX) between August 8, 2024 and August 14, 2025, both dates inclusive (the "Class Period"), of the important October 21, 2025 lead plaintiff deadline.

So what: If you purchased Nutex securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Nutex class action, go to https://rosenlegal.com/submit-form/?case_id=43936 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) HaloMD, a third-party independent dispute resolution vendor ("IDR"), was achieving lucrative arbitration results for Nutex by engaging in a coordinated scheme to defraud insurance companies; (2) as a result, to the extent that they were the product of fraudulent conduct, revenues attributable to Nutex's engagement with HaloMD in the IDR process were unsustainable; (3) in addition, Nutex overstated the extent to which it had remediated, and/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (4) as a result, Nutex was unable to effectively account for the treatment of certain of its stock based compensation obligations; (5) as a result, Nutex improperly calculated these stock based compensation obligations as equity rather than liabilities; (6) the foregoing increased the risk that Nutex would be unable to timely file certain financial reports with the SEC; (7) accordingly, Nutex's business and/or financial prospects were overstated; and (8) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Nutex class action, go to https://rosenlegal.com/submit-form/?case_id=43936 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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Item 1 of 2 An Nvidia logo and a computer motherboard appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

[1/2]An Nvidia logo and a computer motherboard appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab

Oct 8 (Reuters) - The United States has approved several billion dollars worth of Nvidia

(NVDA.O), opens new tab chip exports to the United Arab Emirates, Bloomberg News reported on Wednesday.

The Commerce Department's Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a bilateral artificial intelligence agreement hashed out in May, the report said, citing people familiar with the matter.

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The deal would boost UAE's construction of data centers vital to developing AI models.

Nvidia declined to comment on the report.

"The Commerce Department is fully committed to the transformational U.S.-UAE AI partnership deal," a spokesperson for the government told Bloomberg.

The White House and the U.S. Department of Commerce did not immediately respond to Reuters' requests for comments, white representatives for the UAE could not be immediately reached.

The U.S. has a preliminary agreement with the Emirates' to allow it to import 500,000 of Nvidia's most advanced AI chips per year, starting in 2025, Reuters reported in May. The agreement was at least through 2027, but there was a chance it could be in place until 2030.

U.S. President Donald Trump has made improving ties with some Gulf countries a key goal of his administration.

Trump in May, while on a tour of the Gulf region, announced $600 billion worth of commitments from Saudi Arabia, including deals to buy large quantities of chips from Nvidia, Advanced Micro Devices

(AMD.O), opens new tab, and Qualcomm

(QCOM.O), opens new tab.

Reporting by Yazhini M V in Bengaluru; Additional reported by Mrinmay Dey; Editing by Rashmi Aich

Our Standards: The Thomson Reuters Trust Principles., opens new tab

A jolt of pure, unadulterated optimism has ripped through the Tokyo stock market, as the Japanese investment titan SoftBank Group Corp. saw its shares surge by as much as 13 percent to a new record high.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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

The television broadcasting company accounted for more than 11,000 Buzzed Driving Prevention PSA detections during the annual industry initiative

, /PRNewswire/ -- Gray Media has been named the recipient of the 2025 Catalyst Award for their support of the Ad Council's long-running Project Roadblock initiative. The seasonal effort, a partnership between the Ad Council, the Television Bureau of Advertising (TVB) and the National Highway Traffic Safety Administration (NHTSA) encourages TV stations to donate airspace to Buzzed Driving Prevention public service advertisements (PSAs) during the holiday season.

Presented annually by the Ad Council, the Catalyst Award recognizes communications companies that make a significant impact through donated media efforts. In 2024, Gray Media significantly increased their support for Project Roadblock and ranked as the campaign's top contributor in terms of detections, accounting for 17% of all PSA airings nationwide for the initiative.

Overall, the 2024 Project Roadblock delivered more than 65.9 thousand detections of donated local broadcast TV airtime, generating an estimated $6.5 million in media value – a year-over-year increase of 9% in detections and 68% in value. The effort reached 208 of 210 Designated Market Areas (DMAs) nationwide, covering 99.96% of all US households and reinforcing the power of local TV to reach audiences with life-saving messages.

The Catalyst Award was presented at the TVB Executive Summit which convenes senior leaders from across the local broadcast, advertising and marketing sectors.

"Gray Media's ongoing participation and support of Project Roadblock reflects their strong commitment to social responsibility and public safety," said DJ Perera, chief media officer at the Ad Council. "We're proud to recognize Gray's leadership in raising awareness about the dangers of alcohol-impaired driving by honoring them with this year's Catalyst Award."

"Gray Media's extraordinary commitment to Project Roadblock shows us the continued power of local broadcast television to create meaningful change in our communities." said Steve Lanzano, President and CEO of TVB. "Their leadership and generosity helped deliver a record number of buzzed driving prevention messages during a critical time of year and we applaud Gray Media for their outstanding contributions in sharing this essential message."

"We are honored to receive the Catalyst Award and to be recognized for our dedication to such a vital cause," said Becky Meyer, Senior Vice President, National Sales at Gray Media, who will be accepting the award on behalf of the organization. "Project Roadblock is a critical initiative to our communities and we are proud to use our platform to deliver messages that can save lives and help make our roads safer for everyone."

Since 2004, the Ad Council has partnered with TVB, NHTSA and local broadcast TV stations around the country to execute Project Roadblock. Now in its 22nd year, the annual effort reminds holiday travelers about the dangers of buzzed driving and encourages them to plan ahead for a safe ride.

For more information about Project Roadblock, visit tvb.org/ProjectRoadblock and follow the campaign online with the hashtag #ProjectRoadblock.

About the Ad Council
The Ad Council convenes creative storytellers to educate, unite and uplift audiences by opening hearts, inspiring action and accelerating change. For more than 80 years, the nonprofit organization and its partners in advertising, media, marketing and tech have been behind some of the country's most iconic social impact campaigns – Smokey Bear, Friends Don't Let Friends Drive Drunk, Tear the Paper Ceiling and many more. To learn more or get involved, visit AdCouncil.org, join the Ad Council's communities on Facebook, Instagramand LinkedIn, and view campaign creative on YouTube. 

About TVB
TVB is the not-for-profit trade association representing America's local broadcast television industry, including linear and digital platforms. Its members include the U.S. television stations, television broadcast groups, advertising sales reps, syndicators, international broadcasters and associate members. TVB actively promotes local media marketing solutions to the advertising community and works to develop advertising dollars for the medium's multiple platforms, including on-air, online and mobile. TVB provides a diverse variety of tools and resources, including its website, to support its members and to help advertisers make the best use of local ad dollars.

About Gray Media

About Gray Media: Gray Media, Inc. (NYSE: GTN) is a multimedia company headquartered in Atlanta, Georgia. The company is the nation's largest owner of top-rated local television stations and digital assets serving 113 television markets that collectively reach approximately 37 percent of US television households. The portfolio includes 78 markets with the top-rated television station and 99 markets with the first and/or second highest rated television station during 2024, as well as the largest Telemundo Affiliate group with 44 markets. The company also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Gray's additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. For more information, please visit www.graymedia.com.

SOURCE The Ad Council

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NEW YORK--(BUSINESS WIRE)--The Empire State Building (ESB) hosted the 47th Annual Empire State Building Run-Up, presented by NYU Langone Health and powered by the Challenged Athletes Foundation (CAF). In several designated heats, more than 200 runners from across the world raced up the building’s 1,576 stairs to reach the finish line on the iconic 86th Floor Observatory.

“The Empire State Building Run-Up at New York City’s number one rated attraction, is a bucket list event and a significant achievement for athletes of all levels from around the globe,” said Tony Malkin, chairman and CEO of Empire State Realty Trust. “We congratulate all who participated in this extraordinary test of endurance.”

Fabio Ruga of San Siro, Italy took first place in the Men’s Elite heat with a time of 10:47, just before Wai Ching Soh of Kuala Lumpur in second place, and Ching Chun Lo of Taoyuan City, FL in third.

“I have run seven times in the past. Three times I took third, but this year, I’ve won,” said Ruga. “I’m very happy and I will be back next year.”

Shari Klarfeld of Plainview, NY placed first in the Women’s Elite heat with a time of 14:07, ahead of Tsz Yau Li of Hong Kong in second and Kamila Chomanicova of Bratislava in third.

“I have done this race since 2010, so this [win] is very surreal to me,” said Klarfeld. “I am very excited and so happy to be here.”

Other heats in the race included Empire State Realty Trust tenants, members of the media, and brokers from leading real estate firms.

As presenting sponsor for the first time, NYU Langone Health is a fully integrated health system – with seven inpatient locations and more than 320 outpatient locations – that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation.

CAF is a nonprofit organization dedicated to increased access to sports and physical activity for people of all ages with permanent physical disabilities. CAF returned as the ESBRU’s official charity partner with a designated division that included athletes with permanent physical disabilities and CAF supporters who raised funds to empower lives through sport.

In the evening, the Empire State Building shined its world-famous tower lights in a purple sparkle to celebrate the 47th annual Run-Up.

Hi-res imagery and video can be downloaded here. More information about the Empire State Building Run-Up can be found online.

About the Empire State Building

The Empire State Building, the “World's Most Famous Building,” owned by Empire State Realty Trust, Inc. (NYSE: ESRT), soars 1,454 feet above Midtown Manhattan from base to antenna. The $165 million reimagination of the Empire State Building Observatory Experience created an all-new experience with a dedicated guest entrance, an interactive museum with nine galleries, and a redesigned 102nd Floor Observatory with floor-to-ceiling windows. The journey to the world-famous 86th Floor Observatory, the only 360-degree, open-air observatory with views of New York and beyond, orients visitors for their entire New York City experience and covers everything from the building's iconic history to its current place in pop culture. The Empire State Building Observatory Experience welcomes millions of visitors each year and is ranked the #1 Top Attraction in New York City for the fourth consecutive year in Tripadvisor’s 2025 Travelers’ Choice Awards: Best of the Best Things to Do, “America's Favorite Building” by the American Institute of Architects, the world's most popular travel destination by Uber, and the #1 New York City attraction in Lonely Planet’s Ultimate Travel List.

Since 2011, the building has been fully powered by renewable wind electricity, and its many floors house a diverse array of office tenants such as LinkedIn and Shutterstock, as well as retail options like STATE Grill and Bar, Tacombi, and Starbucks. For more information and Observatory Experience tickets visit esbnyc.com or follow the building's Facebook, X (formerly Twitter), Instagram, Weibo, YouTube, or TikTok.

Source: Empire State Realty Trust

Category: OBS

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