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2025-10-08 07:59 5mo ago
2025-10-08 02:43 5mo ago
Peter Brandt Just Made a New XRP Price Prediction — Here's the Breakdown cryptonews
XRP
Peter Brandt’s chart analysis shows a descending triangle on XRP, warning that a close below $2.68743 could trigger a 20% drop.Negative sentiment toward XRP has hit a six-month high, though contrarian signals hint at a possible rebound if bearish exhaustion sets in.Mid-level XRP holders (1M–10M) began selling after a year of accumulation, suggesting potential selling pressure and waning confidence.As the altcoin market capitalization (TOTAL2) recently hit a new all-time high of $1.19 trillion, veteran trader Peter Brandt, who has over 40 years of experience, shared his latest prediction for XRP, one of the most closely watched altcoins among investors.

Various on-chain and sentiment data support his analysis, helping investors assess both risks and opportunities in October.

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XRP’s Price Structure Suggests a Possible Sharp CorrectionIn a recent analysis on X (formerly Twitter), Brandt identified a classic descending triangle pattern on the XRP chart. The formation, referenced from Edwards and Magee’s technical analysis textbook, typically signals a downtrend continuation.

XRP Price Prediction. Source: Peter Brandt.Although the pattern is bearish, Brandt maintained a cautious tone. He avoided making absolute statements but pointed out a specific condition that could confirm a deeper decline.

“On the right is a developing descending triangle. ONLY IF it closes below 2.68743 (then I’ll be a hater), then it should drop to 2.22163,” Brandt stated.

At press time, XRP is trading around $2.85. This means a 6% drop from its current level could trigger a potential decline of more than 20%.

Brandt’s prediction comes as XRP faces several negative signals from the broader market. According to data from Santiment, negative sentiment toward XRP has reached its highest level in six months.

However, using contrarian reasoning, Santiment argued that such strong negative sentiment might indicate a potential rebound, based on XRP’s historical price recoveries.

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Still, another overlooked factor is the decline in Google search interest for XRP. Data from Google Trends shows that XRP searches hit a three-month low in late September and are now below 25 points.

XRP Search Trends. Source: Google Trends.The combination of bearish sentiment data from Santiment and declining search interest could make Brandt’s downside condition more likely to be met.

Mid-Level Holders Begin Selling After a Year of AccumulationAnother factor reinforcing the bearish outlook is the distribution of XRP supply.

According to Santiment’s chart, wallets holding between 1 million and 10 million XRP — typically mid-tier investors — have started selling for the first time in a year.

The Percentage of the XRP Supply Held by Wallets With a 1 Million—10 Million XRP Balance. Source: Santiment.The percentage of supply held by this group rose from around 6% in October 2024 to a peak of 10.76% in September 2025, before dropping to 10% in early October 2025.

This sell-off could indicate profit-taking or declining confidence among mid-level holders, both of which are often precursors to increased selling pressure in the market. Because this group controls a significant portion of XRP’s circulating supply, their actions can strongly influence price trends.

Overall, Peter Brandt’s forecast highlights the downside risks for XRP in October, with the descending triangle pattern at the core of his analysis. With high FUD levels, low search interest, and mid-tier holder selling, XRP may face heightened volatility in the coming weeks.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-08 07:59 5mo ago
2025-10-08 02:52 5mo ago
Crypto Selloff – Bitcoin, Ethereum, XRP, and Altcoins Prices Fall as Liquidations Surge cryptonews
BTC ETH XRP
The global cryptocurrency market today is facing a sharp cooldown. The total market capitalization dropped 2.74% in the last 24 hours to settle around $4.16 trillion. Even though trading volumes jumped to $240.649 billion, the overall sentiment has turned cautious. As I see it, this crypto selloff is driven by fading short-term momentum, heavy liquidations, and ETF outflows shaking confidence across digital assets.

That being said, Bitcoin continues to dominate with a 57.6% share, while Ethereum follows at 12.6%. The Altcoin Season Index stands at 53/100, suggesting the market is balanced rather than tilted toward altcoins. The Fear & Greed Index also cooled from yesterday’s 62 to a neutral 55, showing traders are becoming more defensive after days of aggressive buying. Meanwhile, the average RSI across the market sits at a low 42.72, hinting that several coins are nearing oversold zones.

Technical and Sentiment AnalysisWhen I checked the TradingView market cap chart, the price action seemed to struggle at the upper Bollinger Band after a short-lived rally. The latest candles show rejection signs, suggesting a temporary pause or pullback. RSI readings have slipped below 60, and the moving average is trending down, signaling that the crypto market news today points to more consolidation in the near term.

Also, as per CoinMarketCap, the CMC20 Index, which tracks large-cap cryptocurrencies, fell 3.09% to $264.41. This drop confirms that both Bitcoin and altcoins are facing widespread selling pressure.

Liquidation and ETF Flows Intensify SellingA big reason behind today’s decline is the surge in derivatives liquidations. According to Coinglass, almost $687.94 million worth of positions were wiped out in the last 24 hours. It is worth noting that those were mostly long trades accounting for about $532.34M. Bitcoin and Ethereum saw the largest hits, with liquidations of $161.79M and $184.48M, respectively. Major altcoins like BNB, SOL, and XRP also took damage as leverage washed out.

ETF activity added more weight to the selloff. Grayscale’s Bitcoin ETF recorded $28.6 million in net outflows, reversing its previous streak of inflows. Combined with a 22% jump in perpetual futures volume to $540T, these trends show traders are turning defensive. The dip in the Fear & Greed Index and Bitcoin’s failure to hold its $126k high only added fuel to the risk-off move dominating crypto news today.

Bitcoin, Ethereum, XRP, and Top MoversBitcoin led the decline, falling 2.61% in 24 hours to $121,413.99. It’s clear that Bitcoin’s struggle to hold new highs triggered a chain reaction. Where whales booked profits, and automated selling kicked in as exchange inflows crossed $5.7 billion.

The Ethereum price also felt the heat, plunging 5.98% as traders rotated back into Bitcoin ETFs. Breaking below key supports triggered stop-losses, worsening the fall. XRP slipped 4.9% after failing to hold support, while mixed ETF sentiment kept traders uneasy.

Not everything was red, though. Below are the top gainers and top losers.

Top Gainers & Losers:CAKE managed to gain 5.7%, with WBNB and BNB showing modest rebounds between 1.9% and 2%. On the flip side, XPL tanked 17.1%, ENA fell 10.7%, and PENGU dropped 10.2%, underlining how volatile the cryptocurrency market today remains.

FAQsHow much has the crypto market dropped today?

The crypto market cap fell by 2.74% in the last 24 hours, settling at $4.16 trillion.

What’s driving the wave of liquidations and selling pressure?

Roughly $687.94 million in liquidations hit the market as ETF outflows and a surge in derivatives volume increased risk-off sentiment, triggering automated selling and profit-taking.

Which coins have stood out as gainers and losers today?

Top gainers include CAKE with +5.7%, BNB with +2%, and WBNB with +1.9%. Top losers are XPL at -17.1%, ENA at -10.7%, and PENGU at -10.2%.

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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2025-10-08 07:59 5mo ago
2025-10-08 02:56 5mo ago
CleanCore's Dogecoin Treasury Pays Off Big With $20M Gains as Holdings Near 1B DOGE cryptonews
DOGE
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CleanCore’s Dogecoin Treasury has reported over $20 million in unrealized gains just weeks after launch. This comes as the company now closes in on its target of holding 1 billion DOGE. 

CleanCore Treasury Growth Hits Record Pace
In a recent press release, CleanCore Solutions Inc. confirmed that its Official Dogecoin Treasury, backed by the Dogecoin Foundation, now holds more than 710 million DOGE. They also reported that their holdings recorded over $20 million in unrealized profits.

This comes after the company launched its Dogecoin treasury in the first week of September.. The firm completed a private placement and used the proceeds to accumulate the leading meme coin.

The company’s CEO, Clayton Adams, said CleanCore raised approximately $175 million through a private placement to fund its accumulation plan. This was done with support from Bitstamp by Robinhood as the official trading partner. 

Adams explained that the approach focuses on creating long-term value. He shared that they are aiming to boost holdings while also enhancing the company’s market capitalization and net asset value.

“The early weeks of our Treasury program have been highly productive,” Adams stated. “Our focus remains on achieving the one-billion DOGE milestone while advancing Dogecoin’s utility through partnerships with the House of Doge and the broader crypto ecosystem.”

The company collaborated with Bitstamp USA to provide a regulated framework for executing Dogecoin Treasury transactions. 

Adams emphasized that the firm’s vision extends beyond short-term profit-taking. “We’re developing governance standards and frameworks to support future yield-bearing opportunities while maintaining stability across the Dogecoin ecosystem,” he shared.

As previously reported by CoinGape, CleanCore purchased an additional 100 million Dogecoin tokens. This brought its total holdings to over 600 million at the time.  This suggests that the company had made a further 110 million coin purchase since then.

Momentum Grows Across Dogecoin Treasury Ecosystem
The firm’s move comes amid a growing corporate trend toward Dogecoin treasuries. In July, BitOrigin revealed it had purchased 40.5 million DOGE as part of its $500 million accumulation plan. If market conditions remain favorable, the firm stated that it could increase its investment capital.

Similarly, Trump’s Thumzup Media expanded its crypto holdings to include DOGE. They also announced they had acquired thousands of Dogecoin mining units to strengthen its position in the sector. It is also worth noting that the company partnered with Coinbase Prime to enhance its investment management. 

The meme coin’s ecosystem has also benefited from major technological improvements. This includes the recent launch of the Cardinals Index Node, which enhances network efficiency and decentralization.

These developments suggest bullish sentiment for the meme coin, with many experts projecting new highs for the token.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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2025-10-08 07:59 5mo ago
2025-10-08 03:00 5mo ago
Cardano (ADA) Price Eyes $0.94 as Coinbase Boosts Holdings 462% and Q4 Rally Hype Grows cryptonews
ADA
Cardano (ADA) is showing renewed momentum after weeks of sideways action, climbing back above its 50-day moving average and putting the $0.94 resistance back in focus. Traders view this level as the next major hurdle to unlock a run at the $1.00 psychological mark.

On the daily chart, ADA has reclaimed its green 50-DMA as support, while RSI has rebounded toward 50, leaving room for further upside if buy volume continues to build. A clean daily close over $0.9 would confirm a trend shift and strengthen the case for a Q4 continuation rally.

ADA's price moving sideways on the daily chart. Source: ADAUSD on Tradingview
Coinbase Sparks Institutional Signal: Cardano (ADA) Reserves Jump 462%
Fueling the bullish narrative, Coinbase’s ADA holdings surged 462% to 9.56 million ADA in recent months, coinciding with rapid growth in Coinbase Wrapped ADA (cbADA) on the Base network.

Total cbADA supply has expanded to 9.53 million from 1.7 million at launch, pointing to rising on-chain utility and custody demand from larger players.

In stark contrast, Coinbase’s XRP reserves dropped 98% (from 970 million to 16.39 million), underscoring a rotation in on-exchange liquidity and user preference toward wrapped Cardano products.

Key Levels and Q4 Outlook: $0.83 Support, $1.00 Magnet
From a technical standpoint, Cardano’s (ADA) structure appears increasingly constructive, with the token reclaiming its 50-day moving average and holding firm within the $0.83–$0.85 support zone, a critical base that continues to attract dip-buying interest. Losing this range could open the door to a deeper pullback toward $0.75, but as long as price remains above it, the setup favors further upside.

On the resistance side, $0.94 remains the key multi-touch ceiling, and a decisive breakout above this level could trigger a move toward $1.00, with extensions possible to $1.06–$1.12.

Meanwhile, a rising RSI and improving market breadth suggest healthy momentum, reinforcing the view that short-term pullbacks are likely to be absorbed by buyers.

Macro factors also support he bull case. With Bitcoin steady near record territory, capital rotation into large-cap altcoins typically strengthens into year-end. Similarly, Cardano’s fundamental backdrop, expanding DeFi, smart-contract adoption, and wrapped-asset growth on Base, supports a higher-low, higher-high structure.

If Cardano prints a decisive daily (or weekly) close above $0.94, technicians will look for a swift push to $1.00 and potentially $1.20 on momentum follow-through.

Cover image from ChatGPT, ADAUSD chart from Tradingview
2025-10-08 07:59 5mo ago
2025-10-08 03:00 5mo ago
BlackRock Bitcoin Fund Hits ‘Absurd' Growth, Eyes $100B AUM cryptonews
BTC
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According to market reports, BlackRock’s iShares Bitcoin Trust (IBIT) has climbed to the edge of a major milestone, with assets under management roughly between $98 billion and $100 billion.

In just over a year since launch, the fund has generated roughly $244–$245 million in annualized revenue, driven by steady inflows and a 0.25% management fee. This rapid rise has made IBIT one of the most lucrative products in BlackRock’s lineup.

Rapid Growth And Revenue
IBIT reached its current size in about 435 days. Based on reports, that pace is far faster than many legacy funds took to build similar scale — Vanguard’s S&P 500 ETF (VOO) took roughly 2,011 days to hit $100 billion.

Market watchers have said IBIT may become the fastest ETF ever to reach $100 billion. Bloomberg analyst Eric Balchunas describes this ascent as “absurd.”

The math is simple: large flows plus rising bitcoin prices push AUM higher, which then boosts fee income. That loop has been powerful this year.

$IBIT a hair away from $100 billion, is now the most profitable ETF for BlackRock by a good amount now based on current aum. Check out the ages of the rest of the Top 10. Absurd. pic.twitter.com/E8ZMI2wynx

— Eric Balchunas (@EricBalchunas) October 6, 2025

Flow Numbers And Market Moves
On a recent trading day, US spot Bitcoin ETFs saw net inflows near $1.2 billion. IBIT reportedly captured about $970 million of that total.

Based on market coverage, more than half of ETF inflows into the US market went into IBIT, underscoring its lure for many investors. When money pours in at this scale, the demand for the underlying bitcoin is pushed higher, and price moves can be amplified.

Some traders watch these inflow days closely because similar spikes have come near local price tops in the past.

BTCUSD now trading at $124,839. Chart: TradingView
Market Impact And Risks
Reports have disclosed a few clear risks for investors and for the broader market. One is the premium or discount that can form between an ETF’s market price and its Net Asset Value; that gap can widen during stressed moments.

Another is regulation: rules in the US or abroad could change, and that could affect flows. Competition is also a factor — fee pressure from rival issuers could alter revenue projections.

Finally, rapid growth is easier at the start; sustaining this pace will be harder as the base becomes larger.

Mechanics And Strategy Moves
IBIT’s structure relies on daily creation and redemption by authorized participants, and it uses a major custody setup for the bitcoin holdings.

According to filings and industry reports, BlackRock is exploring product extensions such as a bitcoin “premium income” ETF that would aim to generate yield through options strategies, and it has taken steps like filing to create supporting trust entities. Those moves suggest the firm is planning for multiple ways to serve demand.

Featured image from Newscom, chart from TradingView

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Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.
2025-10-08 07:59 5mo ago
2025-10-08 03:00 5mo ago
Europeans Can Now Live On The Bitcoin Standard With Bringin cryptonews
BTC
Estonian-based Bringin has launched its full Bitcoin financial services platform after successful beta testing. The platform offers eurozone users a comprehensive solution to save, store, send, receive, and spend Bitcoin in one simple app, allowing them to 'live the standard.'

Bringin, an Estonia-based Bitcoin financial services platform, has announced the full release of its comprehensive Bitcoin-to-euro solution, following an 18-month beta testing period during which approximately 1,000 early users transacted over €6 million. The platform aims to bridge the gap between Bitcoin self-custody and everyday financial needs for users in the eurozone.

The launch addresses longstanding challenges faced by Bitcoin holders in Europe, particularly the difficulties in converting and spending Bitcoin for daily transactions. Bringin’s solution combines self-custodial Lightning Network functionality with traditional financial services, offering users the ability to manage both Bitcoin and euro transactions within a single application.

Key features of the platform include direct on-ramping to self-custody, Bitcoin-to-euro conversions through on-chain (11 minutes) or Lightning Network (5 seconds) transactions, and personal virtual IBAN accounts for each user. Users can gain access to both virtual and physical Visa debit cards with zero transaction fees, enabling Bitcoin spending anywhere Visa is accepted.

The platform’s integrated approach allows users to handle significant Bitcoin-to-euro conversions exceeding 1 BTC, making it suitable for large purchases such as vehicles or property. The service also simplifies compliance and banking relationships through its dedicated virtual IBAN system, addressing a common pain point for Bitcoin users who frequently face banking restrictions or compliance challenges.

Bringin’s solution is particularly noteworthy for its built-in Lightning Network wallet, eliminating the need for users to manage external wallets. This integration streamlines the Bitcoin experience for both experienced users and newcomers, providing a complete suite of Bitcoin-based financial services within a single application.

The platform’s automatic conversion features enable users to maintain Bitcoin holdings while handling daily expenses through the Visa debit card system. This functionality allows users to effectively “live the standard” while maintaining practical access to the traditional financial system.

“Lightning is the fastest payment network on Earth, and we built Bringin on it from day one,” said Prashanth Chandrashekar, Co-founder & CEO/CTO of Bringin. “Moving seamlessly from self-custody to your bank account makes living on better money possible – money that can’t be inflated away, that you actually control.”

The launch represents a significant step forward in making Bitcoin more practical for everyday use in Europe, combining the benefits of self-custody with the convenience of traditional banking services. The platform is now available for download on both Android and iPhone devices, offering eurozone residents a new way to integrate Bitcoin into their daily financial lives.

This development comes at a time when demand for seamless Bitcoin-to-fiat solutions continues to grow in Europe, particularly among users who prefer to self-custody their Bitcoin while maintaining easy access to the traditional financial system.

Vivek Sen

Vivek has been fascinated by Bitcoin since he discovered it in 2016. He also runs a Bitcoin marketing agency, Bitgrow Lab, and he used to work at a Bitcoin VC fund, Lightning Ventures. He loves growth, marketing, startups, and writing. He is an EU news reporter for Bitcoin Magazine.
2025-10-08 07:59 5mo ago
2025-10-08 03:00 5mo ago
Bittensor [TAO] climbs 10%, holds near $345 – Rally ahead ONLY IF cryptonews
TAO
Journalist

Posted: October 8, 2025

Key Takeaways
Why is TAO attracting renewed attention?
Whales increased Futures Average Order Size, hinting at accumulation and rising confidence near $345.

What could define Bittensor’s next move?
A daily close above $345 may confirm a breakout, while rejection risks another consolidation phase for the token.

On the 7th of October, Bittensor [TAO] gained over 10% in the last 24 hours, briefly testing a major resistance zone near $345. The surge came as traders debated whether the move marked the start of a breakout or yet another stall within TAO’s prolonged consolidation phase.

At press time, the altcoin hovered below a descending wedge resistance — a level that has historically shaped its mid-term trend.

AMBCrypto examined whether growing whale activity and market positioning could fuel a sustained breakout, or if TAO’s momentum was already fading.

Whales re-enter the Futures market
CryptoQuant’s Futures Average Order Size data showed large holders steadily adding positions over the past two sessions. This steady accumulation aligned with the price uptick and could build pressure to clear the $345 resistance.

Historically, such whale clustering preceded breakout phases. The pattern reflected rising investor confidence in TAO’s short-term upside potential.

Source: CryptoQuant

At the same time, Volume Bubble Map readings revealed cooling momentum in both Futures and spot markets. This moderation signaled that short-term traders likely took profits while observing TAO’s behavior near resistance.

Source: CryptoQuant

Despite the pause, Spot Taker Cumulative Volume Delta (CVD) suggested buyers continued to dominate short-term activity, hinting that long-term participants may soon take control of Spot demand.

Source: CryptoQuant

Rising wedge resistance faces key test
On the daily chart, TAO appeared close to breaking out after months of sideways movement since April’s rally. Most analysts identified $345 as a decisive level; a daily close above it could mark a medium-term trend shift.

Failure to break above may trigger profit-taking toward support around $325.

Source: TradingView

Meanwhile, Stochastic RSI data from TradingView showed overbought conditions, implying that bullish momentum might be losing steam. A minor pullback to the $325 demand zone could precede any sustainable recovery.

Still, the broader outlook stayed constructive. Whale accumulation and strong Futures positioning supported a longer-term bullish bias for holders maintaining long exposure near current prices.

Breakout or rejection ahead?
TAO’s next move depends on how the price reacts to the wedge resistance. Sustained whale accumulation supports a bullish bias, but cooling volumes suggest caution.

A confirmed breakout above $345 could invite new buying interest. Failure to clear it, however, may prolong TAO’s consolidation phase, which has capped gains since April.
2025-10-08 07:59 5mo ago
2025-10-08 03:01 5mo ago
AVAT to Go Public in $675M Deal for Institutional AVAX Access cryptonews
AVAX
Valued at over $675 million, the deal aims to create one of the first public vehicles for institutional investors seeking direct exposure to AVAX, Avalanche's native token. The combined company plans to list on Nasdaq in early 2026, pending regulatory and shareholder approval.
2025-10-08 07:59 5mo ago
2025-10-08 03:04 5mo ago
BSC DEX volume surges to $6.05b amidst meme coin boom cryptonews
BSC
BSC DEX trading volume reaches its highest peak since June 2025, surging to $6.05 billion on Oct. 8. The rise comes just as meme coin traders dominate BNB Chain.

Summary

Daily DEX trading volume on Binance Smart Chain surged to $6.05 billion on Oct. 8, with most of it coming from PancakeSwap’s $4.28 billion contribution.
Meme coin season on BNB Chain has brought major gains, with 70% of traders profiting and total on-chain profits reaching $401 million.

According to data from DeFi Llama, on Oct. 8 the daily DEX trading volume for Binance Smart Chain or BSC has risen to $6.05 billion, the highest its been since June 2025. At the moment, the number is still about $1 billion below its highest peak for DEX trading on the BNB Chain which stood at $7.05 billion on June 30, 2025.

In the past month, the DEX trading volume on Binance (BNB) Smart Chain has amounted to $103.13 billion with a weekly increase of 15.65%. The majority of DEX trading volume on BNB Chain comes from the BNB meme coin launchpad PancakeSwap (CAKE), which accounts for $4.28 billion of the daily DEX trading volume.

BSC DEX trading volume has reached its highest level since June 2025 | Source: DeFi Llama
In the past month, PancakeSwap has contributed about $78 billion of the total $103.13 billion volume of on-chain DEX trading. Coming in at second place is Uniswap (UNI) with $1.30 billion in daily DEX trading volume. Meanwhile, the third largest contributor of DEX trading volume is none other than another meme coin launchpad on BNB Chain, Four.meme.

As of Oct. 8, Four.meme has generated about $139.15 million in daily trading volume on-chain. Meanwhile, its 30-day DEX trading volume hinges just below $1 billion, with $815 million in total.

BSC traders reap 70% profits from meme coin season
Meme coin season has officially begun on the BNB Chain, with former Binance CEO Changpeng Zhao announcing it through his X account. The founder seemed surprised at the turn of events, considering just a few months ago meme coins were mostly backed by Solana (SOL) and launched through platforms like Pump.fun.

https://twitter.com/cz_binance/status/1975595775540257262?s=46

However most recently, more traders have been gravitating towards BSC to launch and trade their meme coins backed by BNB.

According to on-chain data from BubbleMaps, more than 100,000 on-chain traders have bought new meme coins on BNB Chain. The data shows that about 70% of BNB meme coin traders have gained profit.

One trader made more than $10 million in profit from trading BNB meme coins, meanwhile 44 wallets gained $1 million worth of profit. In addition, around 900 traders made $100,000 by trading BNB meme coins.

However, the majority of traders made only about $1,000 in profit, a relatively small number compared to the total profit made on-chain which amounted to $401 million.

As for losses, two traders lost more than $1 million from trading BNB meme coins. Despite this, only about 4,418 traders experienced losses of about $1,000 by trading meme coins on BSC. This means that the winners still outweigh the losers throughout this meme coin season so far.
2025-10-08 07:59 5mo ago
2025-10-08 03:06 5mo ago
XRP Slips to 5th, But the $10 Rally is Still on the Horizon cryptonews
XRP
XRP Drops to Fifth Spot as BNB and Tether Overtake in Market RankingsXRP has slipped to the fifth position among the world’s largest cryptocurrencies by market capitalization, following a swift overtaking by Binance Coin (BNB) and Tether (USDT). 

According to the latest data from CoinMarketCap, XRP’s market capitalization currently stands at $170.7 billion, trailing behind Tether’s $177.9 billion and BNB’s $179.6 billion.

This reshuffling in rankings underscores the evolving dynamics within the crypto market, where investor sentiment, utility, and liquidity continue to determine positioning among the top digital assets. 

For XRP, the decline comes amid a period of consolidation following earlier price surges fueled by optimism over Ripple’s ongoing legal clarity and expanding cross-border payment partnerships.

BNB’s rise, on the other hand, highlights the sustained strength of the Binance ecosystem. As the utility token powering the world’s largest cryptocurrency exchange, BNB benefits from continuous use in trading fee discounts, decentralized finance (DeFi) applications, and token burns, mechanisms that consistently support its value. 

Its growing utility within Binance Smart Chain (BSC) projects and DeFi protocols has also contributed to renewed investor confidence.

Meanwhile, Tether’s steady climb reflects the broader market’s reliance on stablecoins for liquidity and trading activity. 

As the largest and most widely used stablecoin, USDT continues to dominate crypto transactions, serving as a bridge between traditional fiat and digital assets. Its consistent market cap growth demonstrates a sustained demand for stability in a volatile market landscape.

For XRP, analysts suggest that the recent dip may be temporary. Despite the setback, XRP remains a top contender with significant institutional adoption and active development of Ripple’s payment solutions across global markets. 

The asset’s long-term outlook may hinge on factors such as increased regulatory acceptance, continued integration into financial systems, and investor confidence following recent legal victories.

Therefore, the shifting rankings among top cryptocurrencies emphasize the competitive and fast-changing nature of the digital asset market. 

While XRP’s drop to fifth place marks a notable moment, its resilience and established use case could position it for a rebound, especially if broader market momentum turns bullish once again.

XRP Poised for Major Rally as Historical Pattern Reemerges, Eyes on $10 ZoneAccording to research analyst Ardizor, XRP may be on the brink of a powerful breakout reminiscent of its November 2024 price pattern, a setup that previously preceded a major surge. 

Ardizor now suggests that history could be repeating itself, with XRP’s chart mirroring key momentum signals and structural formations that once sparked a rapid rally.

Source: ArdizorIn November 2024, XRP underwent a powerful accumulation phase that triggered a breakout to multi-month highs. 

According to Ardizor, the current structure, marked by higher lows, tightening consolidation, and surging volume, mirrors that setup. If history repeats, XRP could be on the verge of a major expansion toward the key $10 level.

Therefore, the current market structure mirrors late 2024’s setup since bullish momentum is building, and XRP’s tightening consolidation, which typically precedes sharp breakouts. If this pattern holds, a decisive move above resistance could propel XRP rapidly toward the $10 mark.

At the time of this writing, XRP was trading at $2.86 per CoinGecko data. 

ConclusionXRP’s drop to fifth place highlights how quickly market dynamics can shift in crypto. The ascent of BNB and Tether underscores the growing dominance of utility and stability-focused assets in steering investor sentiment.

On the other hand, XRP’s trajectory showcases a rare blend of technical déjà vu and strengthening fundamentals. Mirroring the explosive setup of November 2024, the current pattern and improving market conditions have ignited intense investor anticipation. As resistance levels tighten, momentum signals an imminent breakout. 

If Ardizor’s analysis holds true, a rally toward the $10 zone could validate market cycle theory and reaffirm XRP’s standing as one of the most resilient, strategically positioned assets in crypto
2025-10-08 07:59 5mo ago
2025-10-08 03:07 5mo ago
BNB price drops under $1,300 amid meme season buzz cryptonews
BNB
BNB price has experienced a minor pullback as it shows signs of exhaustion. Meanwhile, BNB Chain memecoins are gaining traction, posting triple-digit gains.

Summary

BNB price retreats below $1,300 as profit-taking increases.
The RSI currently reads 74.51, signaling overbought conditions, while the MACD remains bullish but shows signs of waning momentum. 
Price action reveals key support between $1,215 and $1,230, with resistance near $1,334 and $1,400.
Memecoins on BNB Chain are gaining momentum, with several posting strong gains over the past week.

BNB price has been rallying in October, crossing the $1,300 level on Tuesday to a peak of $1,336. While the token has since relinquished some of its gains and slipped below the $1,300 level, it remains in bullish territory, notching a 1.43% gain on the 24-hour chart and 27% over the past seven days, per market data crypto.news.

BNB price chart | Source: crypto.news
BNB (BNB) price action has been characterized by consistent higher highs and higher lows, confirming an aggressive bullish structure that began in late August. However, the latest candle shows a long upper wick, a signal that the push past $1,330 was met with significant profit-taking.

Technical indicators point to rising caution. The Relative Strength Index (RSI) has hit 74.51, signaling overbought conditions, while the MACD remains bullish with the MACD line well above the signal line. Despite the strong momentum, a minor bearish divergence between RSI and price suggests weakening strength, often an early warning of consolidation or reversal.

Key support now lies between $1,215 and $1,230, the former resistance zone during the breakout. A deeper correction could target the $1,150 area. On the upside, a close above $1,300 could reestablish bullish control, with $1,334 as the next resistance and $1,400–$1,500 possible if momentum persists.

BNB Chain memecoins join BNB price rally 
Adding to the buzz around the BNB ecosystem is a surge in memecoins on the BNB Chain, many inspired by Binance and founder Changpeng Zhao. These tokens have seen a sharp rise in both trading volume and price.

“BNB meme szn!” Zhao recently posted on X. “I didn’t expect this at all. And people keep asking me to predict the future. Keep building!,” he added.

Leading the rally is $4, a meme coin based on Zhao’s viral four-finger photo, which surfaced during the recent BNB Chain X account hack. Another trending token is named after Binance’s Giggle Academy.

The $4 token is up 16.58% in the past 24 hours and 339.31% over the week. On-chain data shows over 100,000 traders have jumped into the meme season, with 70% in profit and some gaining millions.

As the Binance Coin eyes a return to the $1,300 level, all eyes are on whether bulls can reclaim higher ground or if overbought conditions will force a cooldown. At the same time, the rise of BNB Chain meme coins is fueling new enthusiasm and attracting thousands of new traders.
2025-10-08 07:59 5mo ago
2025-10-08 03:07 5mo ago
Bit Digital Treasury Report Signals Full Ethereum Focus Over Bitcoin: Holdings Now at 122,187 ETH cryptonews
BTC ETH
TLDR:

Bit Digital holds 122,187 ETH valued at $506M, staking over 80% for consistent yield income.
The firm earned 291 ETH in staking rewards during September, equal to a 3.37% annualized return.
Bit Digital raised $150M through convertible notes to expand its Ethereum holdings.
The company’s Ethereum treasury strategy marks a complete shift from Bitcoin mining to ETH yield focus.

Bit Digital’s newest treasury report signals one thing clearly, the company is all-in on Ethereum. The Nasdaq-listed firm revealed it now holds 122,187 ETH, worth roughly $506 million as of September 30, 2025. 

Most of that stack is earning yield through staking, showing how fast Bit Digital’s strategy has shifted from mining to active crypto asset management.

The company’s September filing paints a clear picture of its evolving treasury model. Instead of relying solely on Bitcoin mining, Bit Digital is now using Ethereum’s proof-of-stake system to generate recurring income. 

The report shows that 81.8% of its ETH holdings, nearly 100,000 coins, were staked during the period.

That allocation earned the firm 291 ETH in rewards, representing a 3.37% annualized yield. With Ethereum’s price closing at $4,145.99 at the end of September, those returns translated into roughly $1.2 million in additional income for the month. 

Bit Digital acquired 653 ETH during the same month, pushing its average cost basis to around $2,643 per coin. That puts the firm’s holdings well above breakeven levels, suggesting its Ethereum position is generating both capital appreciation and yield growth.

Nasdaq-listed Bit Digital, Inc. announced that as of September 30, the company held 122,187 ETH, valued at over $500 million. The total staked ETH amounted to approximately 99,936, representing 81.8% of its total holdings, generating 291 ETH in rewards during the staking period,…

— Wu Blockchain (@WuBlockchain) October 8, 2025

Ethereum Staking Takes Center Stage in Bit Digital Treasury Strategy
According to Bit Digital’s press release, the company’s treasury strategy now revolves around staking. 

The approach treats Ethereum as a productive, income-bearing asset instead of a speculative token. This model allows the firm to earn passive rewards while maintaining long-term exposure to ETH’s market value.

Crypto analytics platform AlvaApp described the move as an “ETH-native pivot,” pointing out that the company has essentially redesigned its treasury for consistent on-chain yield. The analyst added that such positioning could set a precedent for other public firms considering staking as part of their capital strategy.

Bit Digital’s recent $150 million convertible notes offering underscores that point. The company confirmed it plans to deploy those proceeds into further Ethereum purchases. 

The decision aligns with its shift toward yield-driven operations and reduced dependency on volatile Bitcoin mining revenue.

Beyond Ethereum, Bit Digital maintains control of 27 million shares of WhiteFiber (WYFI), equal to about 71.5% of the outstanding stock. The report shows that while the firm is diversifying, Ethereum remains its main engine for growth and yield.

Corporate Staking Trend Builds Momentum
Bit Digital’s latest treasury results mirror a broader movement among institutional players toward Ethereum staking. 

Companies are discovering that proof-of-stake models offer predictable yields with less energy intensity. For firms like Bit Digital, staking provides a scalable way to earn income while staying fully engaged with the crypto ecosystem.

The company’s upcoming appearance at the AIM Summit in Dubai later this month may shed more light on its long-term plans. For now, its strategy reflects a clear confidence in Ethereum’s network stability and earning potential. 

As more corporate treasuries explore staking, Bit Digital’s model could serve as an early example of how blockchain assets are maturing into productive, yield-based investments.
2025-10-08 07:59 5mo ago
2025-10-08 03:22 5mo ago
114,000 BTC withdrawn from exchanges in 2 weeks: what is happening? cryptonews
BTC
9h22 ▪
5
min read ▪ by
Mikaia A.

Summarize this article with:

Bitcoin is reaching for the stars at $125,000… and leaves a question hanging: how far will it go? While some await $150,000, a discreet but massive phenomenon is stirring behind the scenes of the market. Crypto platforms are seeing their reserves melt away before their eyes. More than 114,000 BTC have been withdrawn in two weeks. Is this merely a windfall effect… or the start of a real strategic shift?

In Brief

Bitcoin reserves on exchanges have fallen to their lowest level in seven years.
114,000 BTC withdrawn in two weeks, roughly $14 billion in value.
ETFs absorb crypto demand, with $1.2 billion inflows in a single day.
Cold wallets become the norm to secure bitcoins intended for holding.

Crypto platforms are draining their bitcoin
Since late September, more than $14 billion in BTC has left centralized exchanges or CEX. A historic number: exchange reserves have fallen to 2.45 million BTC, their lowest level since 2017 according to CryptoQuant. And this, while bitcoin has broken new heights beyond $125,000. This paradox raises questions.

Far from being a simple leak, this hemorrhage reflects a growing conviction: that bitcoin deserves to be held, not sold. The BTC are not disappearing; they are migrating to personal wallets and cold storage solutions. This signals confidence in long-term value rather than an intent to sell in the short term.

For market players, this visible rarity could trigger a supply “squeeze” against growing demand.

In short, this is not disinterest. It is a strong signal of strategic accumulation, especially from long-term holders.

Bitcoin: between supply shortage and rush to ETFs
The decline in available supply on crypto exchanges is accompanied by another trend: the massive transfer to bitcoin spot ETFs. These financial products, now listed on Wall Street, have recorded over $5 billion in inflows since September. On October 6 alone, $1.2 billion flowed into these funds.

Why does this matter? Because these ETFs do not redistribute the BTC back to the market. They immobilize them. Result: fewer bitcoins are circulating, increasing the tension between supply and demand.

According to analyst OnChainSchool:

Remarkably, this trend is developing even as bitcoin has just reached a new all-time high, indicating that investors are withdrawing their coins from platforms despite high prices. Such behavior usually reflects confidence in long-term value and reduced short-term selling pressure, reinforcing the idea that large holders continue to accumulate rather than distribute. 

Source: CryptoQuant
The supply shortage therefore does not come from a bug but from a major repositioning of investors.

Crazy numbers and strong signals: what do the indicators say?
Everything indicates that the crypto ecosystem is entering a new era of organized scarcity, where supply becomes a strategic lever.

Focus on 5 key data points:

114,000 BTC withdrawn from exchanges in 14 days: more than $14 billion;
Exchange reserves at 2.45 M BTC, a 7-year low;
$1.2 billion inflows into ETFs in a single day (October 6);
The 12 US bitcoin spot ETFs collectively hold 1.3 million BTC;
Withdrawals exceed 7,500 BTC per day, an average never seen since 2022.

In response to this movement, market voices are heating up. Shaun Edmondson, crypto analyst, alerts on X: “These numbers of US spot Bitcoin ETF purchases are completely crazy, both yesterday’s and the last five business days’. These amounts really make your head spin. Take some / take yours while there’s still some left��.

A frenzy? Maybe. But the numbers don’t lie: pressure is building.

Even if crypto exchanges are dry, there are still bitcoins to be bought. For newcomers, how and where to buy bitcoin? Several solutions already exist: secure platforms, direct purchases, mobile apps. The breach is open. But in this context of programmed scarcity, it’s better to act before the market closes at a new level.

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Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-10-08 07:59 5mo ago
2025-10-08 03:30 5mo ago
CruTrade Launches Wine NFT Marketplace on Avalanche to Reward Producers cryptonews
AVAX
Key NotesTokenized wine bottles enable instant peer-to-peer trading while physical inventory stays secure in Burgundy storage facilities.The platform launches with immediate access to Crurated's existing collection worth over $60 million for strong liquidity.Revolutionary fee structure returns a quarter of all trading commissions directly back to original wine producers.
A new platform named CruTrade has launched a secondary marketplace for fine wine on the Avalanche

AVAX
$28.18

24h volatility:
6.6%

Market cap:
$11.90 B

Vol. 24h:
$1.11 B

blockchain. Announced from London on Oct. 7, 2025, the marketplace allows collectors to trade tokenized bottles of wine peer-to-peer. The platform’s standout feature is a commitment to return 25% of every trading fee to the original wine producers.

CruTrade is built upon the foundation of Crurated, an existing members-only digital wine club. Crurated sources wine directly from producers, then creates a non-fungible token (NFT) for each bottle to certify its origin and track its history on the blockchain.

According to an announcement from AVAX, this system ensures transparent provenance. It allows users to trade the NFTs instantly. At the same time, the physical wine remains secure in Crurated’s specialized storage facility in Burgundy.

A New Model for Wine Resale
The company aims to address a broken system in the secondary wine market. Traditionally, resellers face high fees, logistical challenges, and the risk of bottle spoilage during shipping. For collectors, verifying a wine’s provenance can be difficult, making the market susceptible to fraud. CruTrade bypasses these issues by tokenizing the bottles, enabling secure and efficient trading. This approach is part of a larger movement toward tokenizing real-world assets, reflecting growing RWA market trends across traditional finance.

The marketplace launches with exclusive access to Crurated’s inventory, which is valued at over $60 million. This existing collection provides immediate liquidity and many options for collectors from day one.

John Nahas, Chief Business Officer at Ava Labs, commented on the launch, highlighting its potential to bring more real-world use cases to the blockchain. Integrating the Avalanche network was a strategic choice, leveraging the blockchain’s capabilities for fast and low-cost transactions. This decision reflects growing investor confidence in Avalanche, which has been attracting various projects.

The launch further diversifies Avalanche’s growing ecosystem, which includes projects ranging from gaming to decentralized finance and even national stablecoins. CruTrade offers a compelling example of how blockchain technology can refine established luxury markets by creating a fairer economic model that benefits creators.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

As a Web3 marketing strategist and former CMO of DuckDAO, Zoran Spirkovski translates complex crypto concepts into compelling narratives that drive growth. With a background in crypto journalism, he excels in developing go-to-market strategies for DeFi, L2, and GameFi projects.

Zoran Spirkovski on X
2025-10-08 07:59 5mo ago
2025-10-08 03:33 5mo ago
U.S. Government Shutdown Delays Crypto Market Structure Bill, Triggering Bitcoin and Ethereum Sell-Off cryptonews
BTC ETH
The U.S. government shutdown has created significant obstacles for the passage of a comprehensive crypto market structure bill, which aims to clarify the regulatory framework for digital assets between the SEC and CFTC. While lawmakers remain cautiously optimistic, political gridlock and the upcoming 2026 midterm elections are introducing further uncertainty into the legislative process.
2025-10-08 07:59 5mo ago
2025-10-08 03:48 5mo ago
Bitcoin Fades: BTC Price Drops to $120K with Spot Gold Hitting New Peak cryptonews
BTC
Key NotesBitcoin fell to $120K after a 2.22% daily drop, down 3.75% from its recent peak. Gold hit a record $4,017 per ounce, up 53% year-to-date amid risk aversion.On-chain data shows Bitcoin’s Fund Flow Ratio at historic lows as well.
Bitcoin

BTC
$121 400

24h volatility:
1.9%

Market cap:
$2.42 T

Vol. 24h:
$78.64 B

has retreated to the $120,000 level following a 2.22% drop in the past 24 hours, now trading near $121,000, down 3.75% from its all-time high of $126,000 earlier this week.

The leading digital asset is now cooling off after a strong rally that began in late September. Meanwhile, spot BTC ETFs logged the second-highest inflow since their launch in January 2024.

As reported earlier, these funds brought $1.19 billion in total inflows on Oct. 6, with BlackRock’s iShares Bitcoin Trust (IBIT) leading with $967 million. On Oct. 7, however, the ETFs saw outflows totaling $23.81 million.

$140K before the End of October
Economist Timothy Peterson noted that based on historical simulations using data from the past decade, there remains a 50% probability that Bitcoin could surpass $140,000 before the end of October.

Half of Bitcoin's October gains may have already happened, according to this AI simulation.
There is a 50% chance Bitcoin finishes the month above $140k
But there is a 43% chance Bitcoin finishes below $136k. pic.twitter.com/LPhFr0mry9

— Timothy Peterson (@nsquaredvalue) October 7, 2025

His models, derived from hundreds of simulations using real Bitcoin price data since 2015, suggest that half of the month’s potential gains may have already occurred.

However, he also highlighted a 43% chance that Bitcoin could close below $136,000, underscoring the volatility that continues to define the crypto market.

October has historically been one of Bitcoin’s strongest months, averaging gains of around 20.75% since 2013 according to CoinGlass.

If Bitcoin were to follow the pattern, it would need to gain approximately 14.7% from current levels to reach the $140,000 target.

Gold Surges to Record Highs
While Bitcoin has cooled, traditional safe-haven assets are rallying. Spot gold surged past $4,000 an ounce to reach an all-time high, trading at $4,017.16 per ounce as of the morning on Oct. 8.

Gold just broke $4,000 an ounce for the first time ever.

The US government is shut down, France is in political turmoil, Japan is changing leadership.

When every major power is in chaos, gold is the only thing investors still trust.

(a thread) pic.twitter.com/7LykS30zIu

— StockMarket.News (@_Investinq) October 7, 2025

Also, US gold futures for December delivery rose to $4,040 per ounce. Gold’s performance in 2025 has been exceptional, up 53% year-to-date following a 27% increase in 2024.

Investors have increasingly turned to gold as a hedge against inflation and currency debasement, even as Bitcoin continues to mature as a digital alternative.

On-Chain Data Hints at Weakening Selling Pressure
According to CryptoQuant, Bitcoin’s Fund Flow Ratio, which measures exchange-related activity relative to total transaction volume, has fallen to its lowest level since July 2023.

Bitcoin fund flow ratio | Source: CryptoQuant

The decline suggests that more BTC is being transferred to private wallets for long-term storage, used in DeFi applications, or traded via Over-The-Counter (OTC) channels by institutions rather than being moved for liquidation.

Such behavior typically precedes medium-term bullish reversals, where investors often search for the next best crypto to buy.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn
2025-10-08 07:59 5mo ago
2025-10-08 03:55 5mo ago
XRP price forms bullish reversal setup, eyes 37% rally ahead cryptonews
XRP
XRP price looks poised to confirm a bullish reversal setup in the coming days, which could potentially drive a rally to nearly $4.

Summary

XRP price is down 20% from its July high.
Signs of a bullish reversal have formed on the daily chart.

According to data from crypto.news, XRP (XRP) was trading at $2.86 last check on Wednesday, Oct. 8, down 4.5% over the past 24 hours and nearly 20% lower than its year-to-date high of $3.56 reached in July.

XRP’s price took a hit amid a broader market sell-off, triggered by the ongoing U.S. government shutdown and some profit-taking by investors. Bitcoin (BTC), the market leader, fell below the $122,000 support level, dropping 2.5% over the past 24 hours. Ethereum (ETH) also slid 5.5%, while other major altcoins, including XRP, Solana (SOL), Dogecoin (DOGE), and TRON (TRX), declined between 4% and 8% as bearish sentiment rippled across the crypto market.

Adding to the pressure, XRP was caught in the fallout of a $605.9 million liquidation sweep across the crypto market yesterday, most of which came from long positions. When exchanges force-close longs, it typically triggers a cascade of selling, dragging prices lower across the board.

Despite the recent pullback in XRP price, its technical setup hints at a contrary scenario ahead. Chart indicators suggest the token is on the verge of confirming a bullish reversal pattern, a move that, if validated, could pave the way for a strong rebound in the days ahead.

XRP price analysis
On the daily chart, XRP has been trading within a descending triangle pattern that has been forming since early July. The setup, which is characterized by a series of lower highs converging toward a flat support zone, indicate that sellers have largely been in control over the past few months.

XRP price has formed a descending triangle pattern on the daily chart — Oct. 8 | Source: crypto.news
While descending triangles are typically viewed as a bearish continuation pattern, a breakout above the upper resistance line often points to a bullish reversal with momentum shifting from bears to bulls.

As of press time, XRP was hovering 5% below the key breakout level at $3. If the breakout takes place, it would confirm the reversal if buyers manage to push through.

However, momentum indicators such as the MACD and RSI were sitting near neutral levels, hinting that some consolidation could be ahead of any breakout attempt.

For now, the next immediate resistance for XRP lies around $2.90, aligning with the 61.8% Fibonacci retracement level. A confirmed breakout above $3 could open the door for a run toward $3.93, a target derived by projecting the height of the triangle from the breakout point.

When writing, the market sentiment around XRP was positive, a shift from negative seen just a day earlier. This renewed interest likely came from holders who are likely expecting the first spot XRP ETF to be approved soon, once the US shutdown ends.

To date, at least 7 ETF issuers, including Grayscale and 21Shares among others, have filed to launch such products, with the latest application coming from GraniteShares, which filed for a 3x XRP ETF on Oct. 7.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2025-10-08 07:59 5mo ago
2025-10-08 03:56 5mo ago
Hyperliquid lists 3x leverage perps for unlaunched Monad token cryptonews
HYPE
Hyperliquid has listed perpetual futures for the unlaunched Monad (MON) token, allowing traders to speculate ahead of its mainnet debut.

Summary

MON-USD perpetuals are available on Hyperliquid with up to 3x leverage, despite the token not yet launching.
Originally expected on Sept. 30, Monad’s mainnet is still offline as of Oct. 8, currently in the audit phase.
Users can engage with the Monad testnet and ecosystem projects, participate in games, and complete tasks to potentially earn testnet MON allocations.

Decentralized derivatives exchange Hyperliquid has listed perpetual futures contracts for the Monad (MON) token, despite the token itself not yet having launched. According to Hyperliquid’s announcement, the listing came “by community request,” and traders can now long or short MON-USD hyperps with up to 3x leverage.

As for the actual token launch, multiple industry outlets had pointed to Sept. 30 as the expected date for the Monad token and mainnet launch. However, as of Oct, 8, the TGE is yet to occur, and the mainnet remains offline.

Given the late-July announcement from Monad’s co-founder, it appears the project is currently in the audit phase—the final step before mainnet deployment. Historical patterns from comparable Layer-1 networks such as Aptos, Sui, and Solana indicate that the audit-to-mainnet timeline typically spans around four months. If Monad’s audit indeed began in late July, the project’s mainnet launch may not arrive until November or later.

While this extends the waiting period, it also provides more time for users to deepen their engagement with the ecosystem and potentially influence their future airdrop eligibility. This can be done through Monad testnet, which went live in February.

Specific examples of engagement include interacting with ecosystem projects such as Kintsu, Magma, FastLane, Opinion Labs, aPriori, and Kuru, playing games like 2048, and using various testnet DApps. Users who hold a Full Access role on Discord may receive 5 MON on the testnet. Those holding at least 0.01 ETH on Ethereum Mainnet with an outgoing transaction may receive 2 MON, while all other testnet participants receive a smaller allocation of 0.05 MON.
2025-10-08 06:59 5mo ago
2025-10-08 02:00 5mo ago
Mkango Announces Adjournment of Shareholders' Meeting stocknewsapi
MKNGF
CALGARY, AB / ACCESS Newswire / October 8, 2025 / Mkango Resources Ltd. (AIM:MKA)(TSXV:MKA) (the "Company" or "Mkango") announces that, due to the current strike by the Canadian Union of Postal Workers impacting the Company's ability to deliver the proxy-related materials related to the Company's annual general and special meeting of shareholders scheduled to be held on 29 October 2025 (the "Meeting"), the Company will be adjourning the Meeting until 9:00 a.m.
2025-10-08 06:59 5mo ago
2025-10-08 02:00 5mo ago
Orosur Mining Inc Announces Notification of Investor Webinar stocknewsapi
OROXF
LONDON, UK / ACCESS Newswire / October 8, 2025 / Orosur Mining Inc (TSXV:OMI)(AIM:OMI), the mineral explorer and developer with current operations in Columbia, Argentina and Nigeria, announces that Louis Castro, Executive Chairman and Brad George, Chief Executive Officer, will be holding a live Investor Webinar Q&A session via the Investor Meet Company platform on 15th October 2025 at 5.00 pm (UK local time). The presentation is open to all existing and potential shareholders.
2025-10-08 06:59 5mo ago
2025-10-08 02:00 5mo ago
Angle PLC Announces Strategy Update stocknewsapi
ANPCY MDXH
Appointment of Executive Chairman, proposed change of name and strategy update Company to pursue revised strategy and name change to CelLBxHealth plc Dr. Jan Groen, the current Non-Executive Chairman and recognised oncology diagnostic industry veteran, to lead company as Executive Chairman Revised strategy to sharpen focus on the provision of industry-leading CTC intelligence and accelerate Company's commercial traction, whilst delivering further cost control Cash runway remains through to Q1 2026; expected need to raise funds in coming months GUILDFORD, SURREY / ACCESS Newswire / October 8, 2025 / ANGLE plc (AIM:AGL)(OTCQX:ANPCY), a global precision CTC intelligence company specialising in innovative circulating tumour cell (CTC) solutions for use in research, drug development and clinical oncology, announces that its Chairman, Dr Jan Groen, has moved into an executive role. Jan will lead the Company as it pursues a revised strategy, focused on tight cost control, accelerated commercial progress and a clear plan towards becoming a sustainable business.
2025-10-08 06:59 5mo ago
2025-10-08 02:00 5mo ago
Apivia Courtage Brings Agentic AI to its Contact Centers With SoundHound's Amelia 7 Platform stocknewsapi
SOUN
SANTA CLARA, Calif., Oct. 08, 2025 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, and Apivia Courtage, part of AEMA Group, one of the world’s largest mutual and cooperative insurers, today announced that they are innovating together to bring agentic AI to Apivia Courtage’s contact centers via SoundHound’s Amelia 7 AI agent platform.

Apivia Courtage will be deploying Amelia 7, one of the first truly agentic AI platforms on the market, as a key part of the company’s digital transformation strategy. The move builds on a successful relationship between the two companies, which already saw SoundHound’s Amelia platform drive a 20% productivity increase at the insurer’s contact center.

Since 2023, the partnership between the two companies has sought to introduce advanced AI agents to support Apivia Courtage’s existing team and deliver innovation that improves customer service. So far, SoundHound’s AI Agents have handled thousands of calls on topics related to medical expense reimbursement ​​and information on insurance guarantee levels. As a result, the company has been able to focus its human teams on bringing more value and time to their relationships with brokers and clients.

Now Amelia 7’s advanced agentic capabilities will enable Apivia Courtage to handle inbound customer queries with fleets of AI agents that can reason, act, and perform complex tasks based on multiple intents. This will allow customers to seamlessly “self-serve” without the need to escalate to a human agent.

Key features of Amelia 7 for Apivia Courtage include:

Verifying the identity of customers using a one-time password as part of a humanlike interactionAnswering contract related questionsUpdating personal information, such as a postal address or phone numberCalculating the financial impact of updates to an insurance contractSending a quote to the customer or schedule a meeting with a human advisor Apivia Courtage is pioneering the use of this technology in the insurance industry, and will be showing the pilot demo to delegates at Reavie in Cannes, France this year, between October 8-10. The company undertook a thorough evaluation of SoundHound’s agentic AI – which is powered by large language models – using strict benchmarks to ensure it was robust and concluded that it was ready to be customer facing.

"Thanks to Amelia 7 Agentic AI, we are deploying a multi-service platform to ensure our clients have seamless and innovative experiences,” said Emmanuelle Nguyen, CEO of Apivia Courtage. “At the same time, we are empowering our teams to focus on their expertise and create added value."

Thanks to the platform’s Agentic+ framework, businesses in the insurance industry and beyond can leverage the reasoning and planning skills of LLMs in combination with more traditional deterministic flows, and human escalation as required. Amelia’s AI agents also operate across channels (e.g. chat, text, voice, etc), and utilize SoundHound’s advanced speech recognition – which has low latency, exceptional natural language understanding, and includes enterprise tuning for optimal responses. This allows customers to speak naturally and be understood.

“This deployment of Amelia 7 will put Apivia Courtage at the leading edge of AI for customer service,” said Gérald Audenis, Head of Operations, Europe at SoundHound AI. “The insurance industry as a whole really stands to benefit from this wave of innovation and platforms like Amelia 7 that drive value for businesses while delivering a faster, more efficient service to their customers.”

Learn more about SoundHound AI’s Amelia 7 platform here.

About SoundHound AI
SoundHound AI (Nasdaq: SOUN), a global leader in voice and conversational AI, delivers solutions that allow businesses to offer superior experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators and service providers across retail, financial services, healthcare, automotive, smart devices, and restaurants. The company’s various groundbreaking AI-driven products include Smart Answering, Smart Ordering, Dynamic Drive-Thru, and the Amelia Platform, which powers AI Agents for enterprise. In addition, SoundHound Chat AI, a powerful voice assistant with integrated Generative AI, and Autonomics, a category-leading operations platform that automates IT processes, have enabled SoundHound to power millions of products and services, and process billions of interactions each year for world class businesses.

Media Contact
Gianna Arantes
(201) 815-9852
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e30e6864-faa4-4ce2-9578-b96a231de676
2025-10-08 06:59 5mo ago
2025-10-08 02:00 5mo ago
Cornish Metals Announces Update to Its Plans to Re-Domicile to the UK stocknewsapi
SBWFF
VANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Cornish Metals Inc. (AIM/TSXV: CUSN) (“Cornish Metals”, “Cornish Canada” or the “Company”) is pleased to announce that, in connection with its previously announced intention to re-domicile from Canada to the UK, it has today entered into an arrangement agreement (the "Arrangement Agreement") with Cornish Metals plc ("Cornish UK") pursuant to which Cornish Canada will be re-domiciled to the UK (the "Re-Domicile" or the "Transaction"). Completion of the Re-Domicile shall be subject to certain conditions, including, inter alia, shareholder and regulatory approvals.
2025-10-08 06:59 5mo ago
2025-10-08 02:00 5mo ago
Juniper Research Unveils 2025's Fintech & Payments Awards Winners stocknewsapi
JNPR
BASINGSTOKE, United Kingdom, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Juniper Research is excited to announce the winners of the Future Digital Awards for Fintech & Payments 2025.

Now in their 10th year, these awards celebrate the standout players transforming digital payments, banking, and fraud prevention; drawing on Juniper Research’s two decades of expertise advising the industry’s leading innovators.

The winners are:

Fintech Leadership

Fintech & Payments Startup of the Year

DailyPay (Platinum)
Fintech Leader of the Year

Chrissy Wagner – Senior Vice President, Go-to-Market at FIS (Platinum)
Banking Innovation

Banking Innovation of the Year

Huawei Mobile Finance Solution (Platinum)
Banking-as-a-Service Innovation

Edenred Payment Solutions: BaaS Support for Tide (Platinum)Grasshopper BaaS Platform (Gold) Open Banking Innovation

Prometeo Borderless Banking (Platinum)LoanTube (Gold) AI in Banking Innovation

Amdocs Agentic AI Platform (Platinum)G+D Convego Card Designer (Gold) Fraud & Security Innovation

AML Innovation

Tookitaki FinCense (Platinum)Fourthline AML Solutions (Gold) KYC Innovation

Trulioo Global Identity Platform (Platinum)LexisNexis Due Diligence Product Suite (Gold) Fraud & Security Innovation of the Year

Mitek Systems Digital Fraud Defender (Platinum)
AI in Fraud Prevention Innovation

LexisNexis Emailage Adaptive (Platinum)Fi911 DisputeLab (Gold) Banking Fraud Prevention

G+D Netcetera BIN Attack Score (Platinum)Experian First-Party Fraud Scores (Gold) Identity Verification Innovation

Mitek Systems Digital Fraud Defender (Platinum)Trulioo Global Identity Platform (Gold) eCommerce Fraud Prevention

Nethone, a Mangopay Solution (Platinum)Riskified: AI-led Fraud Prevention & Risk Intelligence Platform (Gold) Best Network Tokenisation Solution

VGS Card Management Platform (Platinum)Thales eCommerce Token Platform (Gold) Payment Innovation

Best B2B Payment Platform

Thunes Business Payments (Platinum)FIS Automated Finance (Gold) Payment Innovation of the Year

Alipay Tap! (Platinum)
Best Cross-border Payments Platform

Thunes Direct Global Network (Platinum)M-DAQ Global ASEAN Payments Hub (Gold) Best A2A Payments Platform

Token.io A2A Payment Infrastructure (Platinum)Brite Payments: Brite Instant Payments & Instant Payouts (Gold) Best Modern Card Issuing Platform 

Thales D1 (Platinum)G+D Convego Instant Issuance (Gold) Omnichannel Payments Platform of the Year 

Worldpay (Platinum)
Best Mobile Money Offering

Easypaisa (Platinum)M-PESA Ziidi Mobile Money Fund, Empowered by Huawei (Gold) Best Digital Wallet Platform 

Comviva mobiquity Pay (Platinum)MobiFin (Gold) Soft POS Innovation

Stone TapTon (Platinum)Soft Space Fasstap (Gold) Sustainability in Payment Cards 

Thales PVC-Free Payment Card (Platinum)
Virtual Card Innovation

payabl. Virtual Business Cards (Platinum)HSBC Virtual Card Solution (Gold) Digital Currency Innovation 

FV Bank Stablecoin Direct Deposit & Payments (Platinum)Athena Bitcoin Network & App (Gold) FV Bank Secures Platinum Award for Digital Currency Innovation

"We greatly appreciate this recognition from Juniper Research as Platinum Winner in the Digital Currency Innovation category. Our goal at FV Bank has always been to build banking services that reflect how the financial system is evolving, where traditional accounts and payments work seamlessly alongside digital asset custody and settlement. This award affirms that the approach of combining both under one regulated platform is resonating with the industry." - Miles Paschini, CEO of FV Bank

Mitek Triumphs with Double Fraud & Security and Identity Verification Innovation Wins

“AI-generated deepfakes and injection attacks are eroding trust in digital identity,” said Adam Bacia, VP of Product Marketing at Mitek. “Our commitment is simple: help businesses protect real customers with multi-layered defences built for this new era of fraud. These awards from Juniper Research reinforce the urgency of our mission and the importance of the multi-layered approach we’ve taken to fighting this kind of sophisticated fraud. We’re delighted to take home these top honours in recognition of our innovation and leadership.”

Thunes Celebrates Dual Platinum Awards for B2B and Cross-border Payments

Chloe Mayenobe, President and COO of Thunes, said: “Announcing these two Platinum Awards is a proud moment for Thunes. They demonstrate the strength of both our Network and our solutions, and our commitment to reshaping the way money moves globally. None of this would have been possible without the dedication of our incredible team and the trust of our Members around the world. We thank them for their support and partnership as we continue to deliver faster, more transparent and more efficient ways to pay and be paid. This recognition from Juniper Research validates the impact we are making on payments worldwide.”

About the Future Digital Awards

Judged by Juniper Research’s expert analysts, the Future Digital Awards recognise the companies and individuals driving innovation and success across fintech, telecoms, and smart cities. Visit the website to explore past winners and register for upcoming awards; including the Telco Innovation Awards 2026, which close on 24th October 2025.

About Juniper Research

Juniper Research is a global tech strategist firm providing research, data, and forecasting across the fintech, telecoms, and IoT sectors. For over 20 years, Juniper Research has delivered actionable insights that help industry leaders navigate disruption, seize opportunities, and make confident strategic decisions. www.juniperresearch.com

Press Contact

Sam Smith, Press Relations

[email protected]
2025-10-08 06:59 5mo ago
2025-10-08 02:00 5mo ago
Omdia: Sovereign verticals set to spend $15 billion on low-earth orbit economy connectivity by 2030 stocknewsapi
TTGT
-

3.5 million broadband connections will drive 94% of LEO enterprise revenues; Transportation, Energy, Government and Defense industries among main buyers

LONDON--(BUSINESS WIRE)--Enterprises with fail-safe, mission-critical connectivity needs will spend $15.3 billion on low-earth orbit (LEO) satellite connectivity by 2030, according to Omdia’s Enterprise LEO Forecast 2025-30. Broadband connectivity will account for 94% of LEO enterprise revenues, with direct-to-device (D2D) subscriptions making up the remaining 6%.

“The heartland of LEO opportunity lies among public and private enterprises with isolated operations and high-performance requirements spanning network security and data sovereignty,” said Pablo Tomasi, Principal Analyst, Future Wireless, at Omdia.

Share
“The heartland of LEO opportunity lies among public and private enterprises with isolated operations and high-performance requirements spanning network security and data sovereignty,” said Pablo Tomasi, Principal Analyst, Future Wireless, at Omdia. “Using satellite to bridge the digital divide will not pay all the bills.”

Key report findings include:

The enterprise target market is growing: “Sovereign verticals” is Omdia’s term for enterprises with geographically vast, high-dependency networks. This includes critical industries like public safety and defense, as well as transportation and energy.

Satellite is now a make-or-break service for telcos: Enterprises want convergent ‘anywhere’ connectivity – dependable service irrespective of technology. This is forcing telecom operators to sell on a promised service experience using multiple connectivity types.

North America dominates: The region, led by the United States, will remain the largest enterprise satellite market through 2030, representing 37% of the market opportunity. Oceania, Eastern and Southeastern Asia, led by China, will grow from 9% of revenue share in 2025 to 33% by 2030.

LEO D2D will struggle to grow revenues. Direct to device services do not match the experience of cellular, and unique use cases are limited. Most D2D will be bundled with premium offerings, and therefore not directly monetized.

Omdia’s Space To Grow: Enterprise LEO Forecast: 2025-30 report provides a comprehensive analysis of the LEO market, including detailed revenue forecasts, regional breakdowns, and insights into key enterprise use cases.

ABOUT OMDIA

Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets grounded in real conversations with industry leaders and hundreds of thousands of data points, make our market intelligence our clients’ strategic advantage. From R&D to ROI, we identify the greatest opportunities and move the industry forward.

More News From Omdia

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2025-10-08 06:59 5mo ago
2025-10-08 02:01 5mo ago
Stellantis Makes New Appointments to the Leadership Team As It Pursues Its Path to Recovery stocknewsapi
STLA
Stellantis Makes New Appointments to the Leadership Team As It Pursues Its Path to Recovery  

AMSTERDAM, October 8, 2025 – Building on the positive momentum established in recent months and ahead of the upcoming 2026 presentation of its updated strategy, Stellantis N.V. today announces the following new appointments to its Stellantis Leadership Team (SLT).

Emanuele Cappellano is appointed Head of Enlarged Europe and European Brands, in addition to his current role leading Stellantis Pro One. Jean-Philippe Imparato will now focus full-time on driving performance improvements at Maserati, as CEO, and Stellantis & You, reporting to Cappellano.

Herlander Zola, currently Head of Commercial Operations Brazil and South America Light Commercial Vehicles, is appointed Head of the South America region, succeeding Cappellano.

Samir Cherfan joins the SLT, maintaining his responsibilities as Head of Middle East & Africa and Micromobility.

Grégoire Olivier, currently Head of China Strategy, is appointed Head of the China and Asia-Pacific region and SLT member.

Francesco Ciancia will rejoin Stellantis from Mercedes-Benz as Global Head of Manufacturing on November 1 (click here for the dedicated announcement). On that date, Arnaud Deboeuf will leave the Company to pursue other opportunities.

Ralph Gilles joins the SLT as Global Head of Design.

Philippe de Rovira, formerly Head of the joint Asia-Pacific, Middle East and Africa region, leaves Stellantis to pursue new career endeavors, as made public in July.

“With these new appointments we are promoting exceptional talent from inside and out to leadership roles as we prepare our business for future success. We are also sharpening our regional focus by allocating specific responsibility for our Asia-Pacific and Middle East & Africa organizations at the SLT level,” said CEO Antonio Filosa.

“We are delighted we will continue to benefit from Jean-Philippe’s expertise in his new role. Our thanks go to Arnaud and Philippe for their contributions over the years and we wish them the best in their future endeavors,” added Filosa.

Below is the updated composition of the Stellantis Leadership Team (SLT):

Antonio Filosa, CEO and North America & American Brands.

Emanuele Cappellano, Enlarged Europe, European Brands & Stellantis Pro One.

Herlander Zola, South America.

Samir Cherfan, Middle East & Africa and Micromobility.

Grégoire Olivier, China and Asia-Pacific.

Davide Mele, Product Planning.

Ned Curic, Product Development & Technology.

Sébastien Jacquet, Quality.

Monica Genovese, Purchasing.

Scott Thiele, Supply Chain.

Francesco Ciancia, Manufacturing (starting on November 1st).

Joao Laranjo, Chief Financial Officer.

Xavier Chéreau, Human Resources.

Clara Ingen-Housz, Corporate Affairs & Communications.

Ralph Gilles, Design.

Biographies and photos of the SLT members are available at: https://www.stellantis.com/en/company/governance/stellantis-leadership-team

# # #

About Stellantis

Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com.

@StellantisStellantisStellantisStellantisFor more information, contact:

Fernão SILVEIRA +31 6 43 25 43 41 – [email protected]

Nathalie ROUSSEL +33 6 87 77 41 82 – [email protected]

[email protected]
www.stellantis.com

 

EN-20251008-Stellantis-Makes-New-Appointments-to-Leadership-Team
2025-10-08 06:59 5mo ago
2025-10-08 02:03 5mo ago
Apple: Has Adopted The Razor-Blade Model stocknewsapi
AAPL
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.
2025-10-08 06:59 5mo ago
2025-10-08 02:05 5mo ago
Dialogue on AI & Cyber Governance in the Physical AI Era: Tuya Smart Delivers Strategic Insights on Emerging Global AI Cybersecurity Paradigms stocknewsapi
TUYA
, /PRNewswire/ -- As the physical AI transformation gains rapid momentum, "The Dialogue on AI & Cyber Governance" kicks off in London, focusing on the pressing theme of "The New Reality of Corporate AI Security." Tuya Smart (NYSE: TUYA, HKEX: 2391), a global AI cloud platform service provider, shared its insights on the latest developments in a keynote address titled "Pioneering AI Security: Lessons from the Frontlines," where it unveiled its cutting-edge practices in AI implementation while analyzing prevailing global AI cybersecurity dynamics.

The forum assembled experts and policy makers in AI, cybersecurity, and IoT from organizations, including Yale Law School; Durham Law School; the Oxford China Policy Lab; the Oxford Martin AI Governance Initiative; the Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School; and Essex Law School. They examined transformative cybersecurity trends amid the rise of physical AI technologies. Cybersecurity leaders representing institutions, organizations, and enterprises convened to deliberate on developments in AI-centric cyber governance frameworks alongside strategic applications of AI in cybersecurity infrastructure.

Global AI security challenges have escalated. Forum participants engaged in substantive discussions regarding cybersecurity vulnerabilities introduced by AI proliferation, while reaffirming the importance of establishing universal, structured normative frameworks for AI-related security challenges.

As a demonstration of private sector practices, Tuya showcased a portfolio of security initiatives spanning the acquisition of international third-party security certifications, the establishment of the Tuya Security Team, and the deployment of six strategically positioned global data centers that deliver rapid response capabilities and operational stability for customers worldwide. Tuya further presented case studies detailing strategic partnerships with global cloud providers, including AWS and Google Cloud, as well as robust data anonymization measures to ensure privacy protection.

To advance substantive discourse on establishing AI security norms, participants also conducted analyses of the latest governmental AI reports and policy frameworks. In analyzing geopolitical tensions surrounding supply chain security, particularly in the semiconductors and AI sectors, participants placed particular emphasis on the importance of public-private sector collaboration in AI governance. Regarding emerging technology development, rather than emphasizing geopolitical competition and establishing technological barriers, the cross-border nature of AI security necessitates the establishment of collaborative governance mechanisms at the global level.

Tuya presented its recent experience within the AI industry, demonstrating the expansion of intelligent consumption scenarios and smart product ecosystems. "Tuya's dual approach of combining reduced barriers for AI developers with accelerated AI commercialization initiatives enables an open, neutral smart ecosystem, thereby promoting the inclusivity and accessibility of AI technology," a Tuya representative stated.

Participants emphasized throughout discussions that AI development, while presenting cybersecurity challenges, simultaneously serves as a powerful cybersecurity enhancement tool, improving organizational capacity to address cybersecurity issues while utilizing technological capabilities to construct robust protective barriers for continued development.

Tuya also shared its industry-leading practices in promoting secure AI development and innovation through strategic partnerships with ecosystem partners, including universities, engineering communities, maker spaces, incubators, cloud developer communities, as well as cultural and intellectual property developers.

"The Dialogue on AI & Cyber Governance represents a valuable and productive forum for industry stakeholders," stated Xueyao Li, Professor of Shanghai Jiao tong University. "The advancement of AI cyber norms requires mutual understanding of relevant policy frameworks, while enabling policymakers to absorb advanced academic perspectives and proven enterprise operational and management practices, thereby further enhancing AI security regulatory frameworks and promoting the sustainable and robust development of AI technology."

AI cybersecurity transcends the scope of any single enterprise or regional initiative, representing a comprehensive 'community project' that requires global collaboration. The Dialogue on AI & Cyber Governance has established a strong foundation for cross-sector cooperation within the global AI cybersecurity landscape.

SOURCE Tuya Smart

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2025-10-08 06:59 5mo ago
2025-10-08 02:12 5mo ago
British American Tobacco Smells Like A 12% Equity Bond stocknewsapi
BTI
Analyst’s Disclosure:I/we have a beneficial long position in the shares of BTI 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.
2025-10-08 06:59 5mo ago
2025-10-08 02:19 5mo ago
Lloyds and other motor finance lenders to pay less compensation than expected stocknewsapi
LYG
Lloyds Banking Group PLC (LSE:LLOY), Barclays PLC (LSE:BARC), Close Brothers Group PLC (LSE:CBG) and other motor finance lenders could pay a total of £8.2 billion in compensation, the UK financial watchdog said on Wednesday.

The payout calculation from the Financial Conduct Authority, which represents an average of £700 per individual member of the public affected, is less than even the bottom end of its initial estimate of between £9 billion and £18 billion first given after the Supreme Court decision at the start of August.

Redress payments will be made to people who took motor finance agreements taken out between 6 April 2007 and 1 November 2024. where commission was payable by the lender to the broker.  

Lloyds, one of the biggest motor finance lenders, said in a statement that is it "currently assessing the implications and impact of this consultation in the context of its current provision for this issue and will update the market as and when appropriate".
2025-10-08 06:59 5mo ago
2025-10-08 02:22 5mo ago
UK's Serica Energy cuts production forecast again after Triton setback stocknewsapi
SQZZF
By Reuters

October 8, 20256:22 AM UTCUpdated ago

CompaniesOct 8 (Reuters) - Britain's Serica Energy

(SQZ.L), opens new tab lowered its annual production forecast on Wednesday for the second time in a month, after a fresh disruption at the Triton floating production storage and offloading vessel.

The company said it now expects fiscal 2025 production to be below the previous forecast range of 29,000 to 32,000 barrels of oil equivalent per day.

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Reporting by DhanushVignesh Babu in Bengaluru; Editing by Subhranshu Sahu

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-08 06:59 5mo ago
2025-10-08 02:25 5mo ago
Australia's Lynas partners with Noveon to supply rare-earth magnets to the US stocknewsapi
LYSCF LYSDY
By Reuters

October 8, 20256:24 AM UTCUpdated ago

A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

Oct 8 (Reuters) - Australia's Lynas Rare Earths

(LYC.AX), opens new tab has partnered with U.S.-based manufacturer Noveon Magnetics to supply rare-earth permanent magnets to defense and commercial sectors in the U.S., the two companies said on Wednesday.

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Reporting by Kumar Tanishk in Bengaluru; Editing by Janane Venkatraman

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-08 06:59 5mo ago
2025-10-08 02:27 5mo ago
SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play stocknewsapi
SFTBF SFTBY
SoftBank Group on Monday said it had agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion, as the Japanese giant looks to bolster its artificial intelligence plays.

The deal, which is subject to regulatory approval globally, means ABB will no longer look to spin off its robotics business as a separately listed company.

"SoftBank's next frontier is Physical AI. Together with ABB Robotics, we will unite world-class technology and talent under our shared vision to fuse Artificial Super Intelligence and robotics — driving a groundbreaking evolution that will propel humanity forward," Masayoshi Son, founder of SoftBank, said in a statement.

Artificial Super Intelligence, or ASI, is Son's idea of AI that is 10,000 times smarter than humans.

Son has looked to position SoftBank at the center of the potential AI boom through investments and acquisitions in different areas of technology. SoftBank owns chip designer Arm, for example, and has a major stake in OpenAI.

SoftBank already has some robot-related investments, including AutoStore Holdings and Agile Robots.

Morten Wierod, who became CEO of ABB in August 2024, has pushed the spin-off of the company's robotics unit as a strategic move.

ABB said in a statement that the sale "will create immediate value to ABB shareholders." The company said it will use the proceeds from the transaction "in line with its well-established capital allocation principles."

This is a breaking news story. Please check back for more.
2025-10-08 06:59 5mo ago
2025-10-08 02:30 5mo ago
IEMG: Emerging Markets Are Finally Outperforming The S&P 500 stocknewsapi
IVV SPLG SPXL SPY SSO UPRO VOO
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.
2025-10-08 06:59 5mo ago
2025-10-08 02:33 5mo ago
Gold breaks through $4,000/oz stocknewsapi
AAAU BAR DBP DGL GLD GLDM IAU OUNZ SGOL UGL
Squawk Box Europe anchors Steve Sedgwick, Karen Tso and Julianna Tatelbaum break down why gold has crossed a new record high of $4,000/oz.
2025-10-08 06:59 5mo ago
2025-10-08 02:35 5mo ago
Johns Lyng Group Limited (JLGRF) Shareholder/Analyst Call Prepared Remarks Transcript stocknewsapi
JLGRF
Peter Nash

Good morning, ladies and gentlemen, and welcome to today's important meeting of relevant shareholders in relation to the proposed scheme of arrangement that you, as shareholders, will be voting on today, which I'll refer to as the scheme. My name is Peter Nash. I'm the Non-Executive Chairman of Johns Lyng Group Limited, and I will be chairing today's meeting.

With me today are other directors of JLG, namely Scott Didier, Nick Carnell, Alison Terry, Larisa Moran and Peter Dixon. We did have Alex online at one stage, but I think he's been unable to -- that line is not working, so he is not attending this meeting. Lisa Dadswell, Company Secretary of JLG, is an apology for this meeting, but we have Anshul Aggarwal attending in her place. Representatives of JLG's share registry, MUFG Corporate Markets, are also present to assist in the poll process for today's meeting. For the purposes of today's meeting.

For the purpose of today's Meeting, I appoint Jeffrey Wu from MUFG to act as returning officer. Mr. Wu has agreed to act in this capacity. Also in attendance are representatives from Nomura, JPMorgan, who are the financial advisers to JLG and Minter Ellison, the legal advisers to JLG.

Can I please ask that you turn your phones to silent.

It's now coming up 10:30, which is -- and we're at the scheduled commencement time for the relevant shareholder scheme meeting. A quorum is present, and therefore, I declare today's meeting to be open. As you know, today's meeting is being held as a hybrid meeting conducted in 2 parts simultaneously with relevant shareholders and proxies participating both in person and via the online platform.
2025-10-08 06:59 5mo ago
2025-10-08 02:37 5mo ago
Amazon to invest $1.16 billion in Belgium by 2027, L'Echo reports stocknewsapi
AMZN
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol Purchase Licensing Rights, opens new tab

BRUSSELS, Oct 8 (Reuters) - U.S. tech giant Amazon

(AMZN.O), opens new tab plans to invest 1 billion euros ($1.16 billion) in Belgium from 2025 to 2027, newspaper L'Echo reported on Wednesday.

The company said it will develop infrastructure and strengthen its partnership with Belgian mail operator Bpost

(BPOST.BR), opens new tab and local small and medium companies, the newspaper reported.

Sign up here.

The company aims to enhance its supply chains in Belgium to be able to offer same-day delivery, the newspaper said, quoting Amazon's head for Belgium and the Netherlands, Eva Faict.

Amazon employs 400 people in Belgium and has invested about 800 million euros over the past ten years, L'Echo said.

Spokespeople for Amazon did not immediately respond to a request for comment.

($1 = 0.8607 euros)

Reporting by Inti Landauro, Editing by Louise Heavens

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-08 06:59 5mo ago
2025-10-08 02:40 5mo ago
Hess Midstream: I'm Still Cautious, But Valuation Makes Sense After The Selloff stocknewsapi
HESM
SummaryHess Midstream LP is upgraded from hold to buy, as valuation now prices in downside risks and offers an attractive entry point.HESM trades below historical P/E and EV/EBITDA averages, with fair value estimates suggesting limited but reasonable upside after the recent selloff.Despite oil price volatility and plateauing Bakken production, HESM's fee-based contracts, growing third-party revenue, strong cash flow, and natural gas growth prospects mitigate risks.Technicals remain bearish, but oversold conditions and improving momentum indicators signal potential for a price rebound in the near term. AlizadaStudios/iStock via Getty Images

It has been nearly three months since my initial coverage on Hess Midstream LP (NYSE:HESM). While fundamentals were okay and opportunities outweighed risks, I felt that its drivers were not enough to justify further upside. And now, it trades at low-to-mid-$30s, the

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in HESM over 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.

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2025-10-08 06:59 5mo ago
2025-10-08 02:42 5mo ago
Johnson & Johnson ordered to pay $966 million in talc cancer case after jury finds company liable stocknewsapi
JNJ
A Los Angeles jury ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest trial alleging its talc products cause cancer.

The family of Mae Moore, a California resident who died at age 88 in 2021, sued the company the same year, claiming J&J’s talc baby powder products contained asbestos fibers that caused her rare cancer.

The jury late on Monday ordered J&J to pay $16 million in compensatory damages and $950 million in punitive damages, according to court filings.

A bottle of Johnson and Johnson Baby Powder on displays in New York. REUTERS
The verdict could be reduced on appeal as the US Supreme Court has found that punitive damages should generally be no more than nine times compensatory damages.

Erik Haas, Johnson & Johnson’s worldwide vice president of litigation, said in a statement that the company plans to immediately appeal, calling the verdict “egregious and unconstitutional.”

“The plaintiff lawyers in this Moore case based their arguments on ‘junk science’ that never should have been presented to the jury,” Haas said.

The company has said its products are safe, do not contain asbestos, and do not cause cancer. J&J stopped selling talc-based baby powder in the US in 2020, switching to a cornstarch product. Mesothelioma has been linked to asbestos exposure.

Trey Branham, one of the attorneys representing Moore’s family, said after the verdict that his team is “hopeful that Johnson & Johnson will finally accept responsibility for these senseless deaths.”

A macro photo of chrysotile asbestos held up by tweezers. ALEXEY – stock.adobe.com
J&J is facing lawsuits from more than 67,000 plaintiffs who say they were diagnosed with cancer after using baby powder and other talc products, according to court filings.

The number of lawsuits alleging talc caused mesothelioma is a small subset of these cases, with the vast majority involving ovarian cancer claims.

J&J has sought to resolve the litigation through bankruptcy, a proposal that has been rejected three times by federal courts.

Lawsuits alleging talc caused mesothelioma were not part of the last bankruptcy proposal.

The company has previously settled some of those claims but has not struck a nationwide settlement, so many lawsuits over mesothelioma have proceeded to trial in state courts in recent months.

The Johnson and Johnson campus in Irving, California on Aug. 28, 2019. AFP via Getty Images
In the past year, J&J has been hit with several substantial verdicts in mesothelioma cases, but Monday’s is among the largest.

The company has won some of the mesothelioma trials, including last week in South Carolina, where a jury found J&J not liable.

The company has been successful in reducing some of the awards on appeal, including in one Oregon case where a state judge granted J&J’s motion to throw out a $260 million verdict and hold a new trial.
2025-10-08 06:59 5mo ago
2025-10-08 02:43 5mo ago
Pantheon Resources completes Dubhe-1 stimulation in Alaska stocknewsapi
PTHRF
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has successfully completed hydraulic fracture stimulation operations at the Dubhe-1 well on Alaska’s North Slope.

The 25-stage plug-and-perforate programme was finalised over eight days without safety or environmental incidents, the AIM-quoted company said in a statement.

"We are extremely pleased with the success of the operations so far," Pantheon chief development officer Erich Krumanocker said.

"The team did an excellent job executing this large and intricate operation safely and efficiently. The stimulation was performed as planned, increasing our confidence in achieving the objectives of the forthcoming flow testing programme."

Dubhe-1 was previously drilled to a total depth of 15,000 feet, with approximately 5,200 feet of the lateral section entirely within the targeted SMD-B reservoir.
2025-10-08 06:59 5mo ago
2025-10-08 02:43 5mo ago
Seeing Machines lands $1.8m order as US self-driving car testing accelerates stocknewsapi
SEEMF
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) has secured a fresh $1.8m contract from a leading American self-driving car company, extending its role in the growing autonomous ride-hailing sector.

The Canberra-based company, which makes driver and operator monitoring systems, said the deal would supply more of its

Guardian Backup-driver Monitoring System units, known as BdMS, to support the customer’s expanding test fleet across the US.

The Guardian BdMS system tracks a driver’s alertness and focus using computer vision and artificial intelligence.

It is designed for vehicles that still have human “safety drivers” overseeing autonomous systems, a standard practice while self-driving technology continues to be refined.

Paul McGlone, Seeing Machines’ chief executive, said: “We are delighted to continue supporting this important customer as they expand their autonomous vehicle test fleet across North America.

"This additional order underlines the critical role that Guardian BdMS plays in ensuring safety during the transition to fully autonomous transport.”

The company said its technology was helping to “bridge the gap between fully autonomous operations and human oversight” as the sector edges closer to commercial rollout.
2025-10-08 06:59 5mo ago
2025-10-08 02:47 5mo ago
IP Group scores another exit as CoreWeave moves to buy Monolith stocknewsapi
CRWV IPZYF
IP Group PLC (LSE:IPO) has announced that one of its portfolio companies, Monolith, is being acquired by Nasdaq-listed CoreWeave, marking another successful sale from its deeptech investments.

The London-listed investment firm, which holds a 12.3% stake in Monolith, said the deal follows recent disposals of other portfolio businesses, Featurespace and Garrison.

Monolith, spun out of Imperial College London, provides artificial intelligence software that helps engineering teams solve complex physics and design challenges.

No financial details of the transaction have been disclosed, and the deal remains subject to customary closing conditions.

Greg Smith, chief executive of IP Group, said: “The sale of Monolith marks another positive exit from our deeptech portfolio.

"We’re delighted with this outcome, which follows the sales of Featurespace and Garrison from our deeptech portfolio.

"As the most experienced and active UK-based, early-stage science investor, this further validates the Group’s model and our expertise in identifying and supporting businesses to successful exits.”

For CoreWeave, the acquisition strengthens its push into industrial and manufacturing sectors.

The US-based cloud computing firm said combining its AI infrastructure with Monolith’s engineering-focused machine learning tools would help companies cut research and development times and improve product design.

Monolith’s software is already used by major manufacturers, including BMW, Nissan and Honeywell, to reduce the need for physical testing and speed up innovation.

Brian Venturo, CoreWeave’s co-founder and chief strategy officer, said the deal would help “enterprises better harness AI to accelerate breakthroughs and bring better products to market faster”.
2025-10-08 06:59 5mo ago
2025-10-08 02:54 5mo ago
MINT: Ideal For 'Cash-Plus' Allocation stocknewsapi
MINT
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.
2025-10-08 05:59 5mo ago
2025-10-08 01:00 5mo ago
Press Release: AlphaMedixTM (212Pb-DOTAMTATE) achieved all primary efficacy endpoints in phase 2 study, demonstrating clinically meaningful benefits in patients with gastroenteropancreatic neuroendocrine tumors stocknewsapi
SNY
AlphaMedixTM (212Pb-DOTAMTATE) achieved all primary efficacy endpoints in phase 2 study, demonstrating clinically meaningful benefits in patients with gastroenteropancreatic neuroendocrine tumors

AlphaMedixTM showed prolonged and clinically meaningful benefits across PRRT-naïve and PRRT-exposed patients with unresectable or metastatic GEP-NETs, highlighting the potential of Targeted Alpha Therapy with lead-212 as a new treatment option Results will form the basis of future discussions with health authorities Paris, October 8, 2025. Positive results from the ALPHAMEDIX-02 phase 2 study (clinical study identifier: NCT05153772) showed AlphaMedixTM (212Pb-DOTAMTATE), an investigational somatostatin receptor (SSTR)-Targeted Alpha Therapy using the lead-212 isotope, met all primary efficacy endpoints and showed clinically meaningful overall response rates (ORR) and prolonged clinical benefits in both peptide receptor radionuclide therapy (PRRT)-naïve and PRRT-exposed patients with unresectable or metastatic SSTR positive gastroenteropancreatic neuroendocrine tumors (GEP-NETs). Benefits in key secondary endpoints, including progression-free survival (PFS) and overall survival (OS), were also observed across both cohorts. AlphaMedix™ had a manageable safety profile that was similar across both cohorts.

"The positive results from the ALPHAMEDIX-02 study represent a pivotal movement for the Orano Med 212Pb-based platform and underscore the profound potential of lead-212-based radiopharmaceuticals in addressing critical unmet needs for patients with GEP-NETs. We are very encouraged by AlphaMedix™'s consistent and clinically meaningful activity across both peptide receptor radionuclide therapy (PRRT)-naïve and PRRT-exposed patients,” said Volker Wagner, MD, PhD, Chief Medical Officer at Orano Med. “These data reinforce our belief that delivering highly potent alpha-emitters directly to cancer cells could potentially offer a meaningful new treatment option for people living with GEP-NETs.”

Alpha-emitters are being studied to determine their relative potency and targeted tumor activity compared to current approved therapies. It is believed they could potentially reduce exposure of surrounding healthy tissue due to the short range of alpha particles. In February 2024, AlphaMedix™ was granted Breakthrough Therapy Designation by the US Food and Drug Administration (FDA) for treatment of PRRT-naïve patients with unresectable or metastatic, progressive SSTR-expressing GEP-NETs, recognizing the potential clinical benefits and potential of this lead-212–based therapy.

"The promising ALPHAMEDIX-02 results represent a significant step forward, reinforcing the potential of targeted alpha therapy to deliver precise treatment for GEP-NETs,” said Christopher Corsico, MD, Global Head of Development at Sanofi. “These data, demonstrating clinically meaningful activity and a manageable safety profile, underscore our unrelenting commitment to developing innovative therapies for patients with difficult-to-treat cancers. We look forward to advancing AlphaMedix™ and working with Orano Med and regulators to bring this important treatment to the GEP-NET community as soon as possible.”

The study is ongoing, and the full results will be presented at the 2025 European Society for Medical Oncology (ESMO) Congress. The results will also form the basis of discussions with health authorities. AlphaMedix™ has not been approved by any regulatory authority.

About the ALPHAMEDIX-02 study
ALPHAMEDIX-02 is a phase 2, open-label, multicenter study evaluating the efficacy and safety of AlphaMedix™ (212Pb-DOTAMTATE) in patients with histologically confirmed unresectable or metastatic GEP-NETs, positive somatostatin analogue imaging and at least one site of measurable disease. The study included two cohorts evaluating PRRT-naïve (n=35) and PRRT-exposed (n=26) patients. PRRT-exposed patients had progressive disease after receiving up to four doses of 177Lu-DOTATATE and received their last dose at least six months prior to Day 1. In both cohorts, AlphaMedix™ was administered at 67.6 μCi/kg every eight weeks for up to four cycles (6 mCi maximum per cycle). Primary endpoints included ORR per RECIST1.1 and safety. Secondary endpoints included PFS and OS.

About NETs
NETs are a heterogeneous group of cancers that originate from neuroendocrine cells. These cancers occur mostly in the gastrointestinal tract and pancreas but can also occur in other tissues including the thymus, lung, and other uncommon sites such as the ovaries, heart, and prostate. Most NETs strongly express somatostatin receptors. Despite the global prevalence of NETs increasing each year, it is considered a rare cancer that is estimated to affect approximately 35/100,000 individuals worldwide. In the United States, around 12,000 patients annually are expected to be diagnosed with neuroendocrine tumors, with an average five-year survival rate of 60% at a metastatic stage.

About Orano Med
Orano Med is a subsidiary of the Orano Group. Orano Med is a clinical-stage biotechnology company that develops a new generation of targeted therapies against cancer using the unique properties of lead-212 (212Pb), an alpha-emitting radioisotope and one of the more potent therapeutic payloads against cancer cells known as Targeted Alpha Therapy (TAT). Leveraging its unique and secured access to 212Pb, the company is developing several treatments using 212Pb combined with various targeting agents. Orano Med has 212Pb manufacturing facilities, laboratories, and R&D centers in France and in the US and is currently expanding its GMP-manufacturing capacities for 212Pb radiolabeled pharmaceuticals in North America and Europe.

About Sanofi
Sanofi is an R&D driven, AI-powered biopharma company committed to improving people’s lives and delivering compelling growth. We apply our deep understanding of the immune system to invent medicines and vaccines that treat and protect millions of people around the world, with an innovative pipeline that could benefit millions more. Our team is guided by one purpose: we chase the miracles of science to improve people’s lives; this inspires us to drive progress and deliver positive impact for our people and the communities we serve, by addressing the most urgent healthcare, environmental, and societal challenges of our time.

Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY

Media Relations
Sandrine Guendoul | +33 6 25 09 14 25 | [email protected]
Evan Berland | +1 215 432 0234 | [email protected]  
Léo Le Bourhis | +33 6 75 06 43 81 | [email protected]  
Victor Rouault | +33 6 70 93 71 40 | [email protected]
Timothy Gilbert | +1 516 521 2929 | [email protected]
Léa Ubaldi | +33 6 30 19 66 46 | [email protected]

Investor Relations
Thomas Kudsk Larsen | +44 7545 513 693 | [email protected]  
Alizé Kaisserian | +33 6 47 04 12 11 | [email protected]
Felix Lauscher | +1 908 612 7239 | [email protected]  
Keita Browne | +1 781 249 1766 | [email protected]
Nathalie Pham | +33 7 85 93 30 17 | [email protected]
Tarik Elgoutni | +1 617 710 3587 | [email protected]  
Thibaud Châtelet | +33 6 80 80 89 90 | [email protected]
Yun Li | +33 6 84 00 90 72 | [email protected]

Orano Med
Sophie Letournel | +33 6 38 44 34 11| [email protected]
Orano Press Office | +33 (0)1 34 96 12 15| [email protected]

Sanofi forward-looking statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions, and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans” and similar expressions. Although Sanofi’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of such product candidates, the fact that product candidates if approved may not be commercially successful, the future approval and commercial success of therapeutic alternatives, Sanofi’s ability to benefit from external growth opportunities, to complete related transactions and/or obtain regulatory clearances, risks associated with intellectual property and any related pending or future litigation and the ultimate outcome of such litigation,  trends in exchange rates and prevailing interest rates, volatile economic and market conditions, cost containment initiatives and subsequent changes thereto, and the impact that global crises may have on us, our customers, suppliers, vendors, and other business partners, and the financial condition of any one of them, as well as on our employees and on the global economy as a whole. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in Sanofi’s annual report on Form 20-F for the year ended December 31, 2024. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.

All trademarks mentioned in this press release are the property of the Sanofi group except for Orano Med and AlphaMedix™.

Press_Release
2025-10-08 05:59 5mo ago
2025-10-08 01:13 5mo ago
Nvidia to Invest in Musk's xAI stocknewsapi
NVDA
Elon Musk's artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia to lift its ongoing funding round to $20 billion, according to people familiar with the matter. Nvidia is investing as much as $2 billion in the equity portion of the transaction, the people said.
2025-10-08 05:59 5mo ago
2025-10-08 01:15 5mo ago
HP CEO reveals how AI will change consumer experience stocknewsapi
HPQ
HP CEO Enrique Lores discusses the use of AI in company technology on 'The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #hp #hewlettpackard #enriquelores #ai #artificialintelligence #technology #consumer #innovation #business #ceo #interview #future #digital #technews #aitech #corporate #computing
2025-10-08 05:59 5mo ago
2025-10-08 01:17 5mo ago
S&P 500 Ends Seven-Session Winning Streak: Investor Sentiment Declines, Fear & Greed Index Moves To 'Neutral' Zone stocknewsapi
IVV SPLG SPXL SPY SSO UPRO VOO
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Neutral” zone on Tuesday.

U.S. stocks settled lower on Tuesday, with the Nasdaq Composite falling more than 150 points during the session. The S&P 500 also snapped a seven-day winning streak during the session.

Shares of Oracle Corp. (NASDAQ:ORCL) fell 2.5% on Tuesday after The Information reported that the company is facing financial struggles related to renting out Nvidia chips. Advanced Micro Devices Inc. (NASDAQ:AMD)’s rally continues, rising another 3.8% after Monday’s explosive 23.7% surge following its deal with OpenAI, as both Bank of America and Goldman Sachs raised their 12-month price targets to $250 and $210, respectively.

The blackout in economic data due to the U.S. government shutdown hasn’t dented expectations that the Federal Reserve will continue to cut interest rates. Markets continue to price in a 95% chance of a 25-basis-point rate cut at the October 30 meeting.

Most sectors on the S&P 500 closed on a negative note, with industrials, consumer discretionary and communication services stocks recording the biggest losses on Tuesday. However, consumer staples and utilities stocks bucked the overall market trend, closing the session higher.

The Dow Jones closed lower by around 92 points to 46,602.98 on Tuesday. The S&P 500 fell 0.38% to 6,714.59, while the Nasdaq Composite dipped 0.67% to 22,788.36 during Tuesday's session.

Investors are awaiting earnings results from AZZ Inc. (NYSE:AZZ), Richardson Electronics Ltd. (NASDAQ:RELL) and Bassett Furniture Industries Inc. (NASDAQ:BSET) today.

What is CNN Business Fear & Greed Index?

At a current reading of 52.7, the index moved to the “Neutral” zone on Tuesday, versus a prior reading of 56.7.

The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.

Read Next:

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2025-10-08 05:59 5mo ago
2025-10-08 01:20 5mo ago
Sea: The Amazon Of Southeast Asia stocknewsapi
SE
Analyst’s Disclosure:I/we have a beneficial long position in the shares of BABA 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.
2025-10-08 05:59 5mo ago
2025-10-08 01:30 5mo ago
Portzamparc – BNP Paribas Group Initiates Coverage of ONWARD Medical with a Buy Rating and Target Price of EUR 10.20 stocknewsapi
ONWRY
EINDHOVEN, the Netherlands, Oct. 08, 2025 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD – US ADR: ONWRY), the leading neurotechnology company pioneering therapies to restore movement, function, and independence in people with spinal cord injuries (SCI) and other movement disabilities, today announces that BNP Paribas’ broker Portzamparc has initiated coverage with a Buy rating and a Target Price of EUR 10.20.

Dave Marver, Chief Executive Officer of ONWARD Medical, commented: “Portzamparc – BNP Paribas Group’s initiation of coverage underscores the significance of 2025 as a transformational year for ONWARD. With the ARC-EX® System now cleared for commercial use in the U.S. and Europe, we have successfully transitioned to a commercial-stage company focused on delivering breakthrough therapies for spinal cord injury. We are also preparing to initiate a global pivotal study with our implantable ARC-IM® platform, while advancing our leadership in the field of BCI-enabled mobility.”

Published on October 7, 2025, the initiation report expands ONWARD’s equity research coverage to five leading banks. Each maintains a Buy rating and target price at a substantial premium to current trading levels, reflecting broad analyst confidence in the company’s growth prospects. Further information is available on the ONWARD Investors Relations website.

About ONWARD Medical

ONWARD Medical is the leading neurotechnology company pioneering therapies to restore movement, function, and independence in people with spinal cord injuries and other movement disabilities. Building on decades of scientific discovery, preclinical research, and clinical studies conducted at leading hospitals, rehabilitation clinics, and neuroscience laboratories, the Company developed ARC Therapy. It has subsequently been awarded 10 Breakthrough Device designations from the FDA. The Company’s ARC-EX® System is cleared for commercial sale in the US and Europe. The Company is also developing an investigational implantable system called ARC-IM®, designed to address several unmet needs, including blood pressure instability after spinal cord injury. It can also be paired with a brain-computer interface (BCI) and artificial intelligence (AI) to restore thought-driven movement.

Headquartered in the Netherlands, the Company has a Science and Engineering Center in Switzerland and a US office in Boston, Massachusetts. The Company is listed on Euronext Paris, Brussels, and Amsterdam (ticker: ONWD) and its US ADRs can be traded on OTCQX (ticker: ONWRY). For more information, please visit ONWD.com.

To stay informed about ONWARD’s research studies, technologies, and the availability of therapies in your area, please complete this webform.

For Media Inquiries:
Sébastien Cros, VP Communications
[email protected]  

For Investor Inquiries:
[email protected]

Forward-Looking Statements  

Certain statements, beliefs, and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ current expectations and projections about future events. By their nature, forward-looking statements involve several risks, uncertainties, and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. A multitude of factors including, but not limited to, delays in regulatory approvals, changes in demand, competition, and technology, can cause actual events, performance, or results to differ significantly from any anticipated development. Forward-looking statements contained in this press release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions, or circumstances on which these forward-looking statements are based. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Trademarks: ONWARD, ARC-EX, ARC-IM, ARC-BCI, and the stylized O-Logo are proprietary and registered trademarks of ONWARD Medical. Unauthorized use is strictly prohibited.

ARC-EX Indication for Use (EU): The ARC-EX System is intended to deliver programmed, transcutaneous electrical spinal cord stimulation in conjunction with functional task practice in the clinic and with take-home exercises in the home to improve hand sensation and strength in individuals between 18 and 75 years old that present with a chronic (>1 year post-injury), non-progressive neurological deficit resulting from an incomplete spinal cord injury (C2-C8 inclusive).

Other Investigational Products: All other ONWARD Medical devices and therapies including ARC-IM and ARC-BCI are investigational and not available for commercial use.
2025-10-08 05:59 5mo ago
2025-10-08 01:36 5mo ago
ABB to sell robots business to SoftBank in $5.38 billion deal stocknewsapi
SFTBF SFTBY
The logo of ABB is pictured at the Global Industries exhibition in Villepinte near Paris, France, March 26, 2024. REUTERS/Benoit Tessier Purchase Licensing Rights, opens new tab

ZURICH, Oct 8 (Reuters) - Swiss engineering group ABB

(ABBN.S), opens new tab on Wednesday said it has agreed to sell its robotics business to SoftBank Group

(9984.T), opens new tab in a deal that values the business at $5.38 billion.

The deal means ABB has abandoned its original decision to spin off and separately list the industrial automation business, which competes with Japan's Fanuc

(6954.T), opens new tab, Yaskawa

(6506.T), opens new tab and Germany's Kuka in making factory robots.

Sign up here.

The transaction is expected to close in mid-to-late 2026 and generate cash proceeds of roughly $5.3 billion from the divestment, ABB said.

It said the money will be used towards its long-term capital allocation principals, which include investing in organic growth, acquisitions and returning capital to shareholders through dividends and share buybacks.

The robotics business, which employs 7,000 people, generated sales of $2.3 billion last year, equivalent to 7% of ABB's total revenues, but ABB saw limited crossover with the rest of its business, which is largely focussed on electrification and automation.

Reporting by John Revill, Editing by Miranda Murray

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