Market Signal Briefing

Pump.fun, the popular meme coin launchpad, has acquired Padre, an advanced multichain trading terminal, as part of its effort to attract more professional retail traders and strengthen its market presence. The company stated that the acquisition would help it “tokenize the world’s highest-potential opportunities,” leveraging Padre’s infrastructure to enhance trading activity and broaden its reach in the crypto ecosystem.

This marks Pump.fun’s second major acquisition following its purchase of a Solana wallet analytics platform earlier this year. The firm appears determined to evolve beyond meme coins and build tools that support serious traders while maintaining its growing ecosystem anchored by the PUMP token.

However, the move has sparked significant controversy. Padre’s native token, PADRE, has been declared obsolete, with Pump.fun confirming that it will “no longer have utility on the platform” and that there are no future plans for it. This decision caused PADRE’s value to plummet, leading to widespread backlash from the community and accusations of a rug pull. Investors expressed frustration over the sudden devaluation, arguing that Pump.fun failed to protect existing token holders.

Despite the uproar, Pump.fun insists that Padre’s trading features will continue to operate normally under its new ownership. Analysts note that while the backlash may temporarily dent the firm’s reputation, Pump.fun’s strong brand recognition and consistent activity could help it weather the storm.

The incident adds to a series of controversies surrounding Pump.fun, including allegations of market manipulation and hosting offensive tokens. Still, its rapid growth and bold expansion strategy suggest the company remains focused on scaling its ecosystem and capturing new opportunities in the evolving crypto market.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Ethereum is struggling to push above the $4,000 level, as market sentiment remains uncertain and volatility keeps investors cautious. Despite several attempts, bulls have failed to sustain momentum, suggesting hesitation at key resistance levels. However, new on-chain data is drawing attention to potentially large-scale liquidity moves that could influence Ethereum’s next direction.

According to Lookonchain, an Ethereum OG holding 736,316 ETH (worth approximately $2.89 billion) recently deposited $500 million USDT into the vaults launched by ConcreteXYZ and Stable, just before their official announcement. This has sparked significant curiosity across the crypto community, as the transaction appears strategically timed and could signal preparation for major yield or liquidity activity.

ConcreteXYZ is a next-generation liquidity protocol designed to connect institutional and DeFi capital through tokenized vaults. It allows users to allocate stablecoins and crypto assets into yield-bearing strategies while maintaining full transparency and composability within the Ethereum ecosystem.

The whale’s massive deposit — preceding the public reveal — suggests potential insider positioning or high-conviction participation in these vaults. Such large inflows often act as early indicators of shifting liquidity dynamics, particularly when aligned with projects positioned at the intersection of DeFi infrastructure and institutional finance.

Whale Dominance in Aave and Stablecoin Vaults Raises Strategic Questions
According to Lookonchain, the same Ethereum OG who recently interacted with ConcreteXYZ and Stable deposited 300,000 ETH into Aave and borrowed $500 million USDT. Out of the total $775 million USDT deposited across the new vaults, this single whale accounted for 64.5% of the total liquidity, underscoring their dominant role in this sudden market activity.

OG deposited 300K ETH into Aave and borrowed 500M USDT | Source: Lookonchain
This move represents a sophisticated on-chain strategy often seen among experienced whales. By supplying ETH as collateral on Aave — one of the largest decentralized lending protocols — and borrowing USDT against it, the whale effectively unlocks liquidity without selling their Ethereum holdings. This allows them to deploy large sums into yield opportunities, such as the newly launched ConcreteXYZ vaults, while retaining exposure to ETH’s long-term upside.

Such a concentration of liquidity from one entity can have several implications for the broader market. On one hand, it highlights growing confidence among deep-pocketed players in the DeFi ecosystem’s stability and profitability. On the other hand, it raises questions about market influence and systemic risk, since a single participant holds such a large portion of capital inflows.

If this borrowed liquidity is used for yield farming or strategic positioning rather than short-term speculation, it could reinforce Ethereum’s ecosystem fundamentals by increasing DeFi activity and on-chain engagement. However, if market conditions deteriorate and collateral values fall, liquidations could amplify volatility.

In essence, this massive Aave–ConcreteXYZ transaction demonstrates how whales leverage DeFi infrastructure to maintain dominance, optimize liquidity, and influence ecosystem-wide capital flows — making this one of the most significant on-chain moves of the quarter.

Ethereum Rebounds but Faces Resistance Near $4,000
Ethereum’s price is currently trading around $3,964, showing signs of a modest rebound after recent volatility. The daily chart indicates that ETH has been attempting to recover from its October lows. But remains trapped below key resistance at $4,000–$4,200, where both the 50-day and 100-day moving averages converge. This is a zone that often acts as a strong rejection area during consolidation phases.

ETH consolidates around key levels | Source: ETHUSDT chart on TradingView
Despite short-term gains, Ethereum’s broader structure still reflects uncertainty. The 200-day moving average, sitting near $3,200, continues to provide strong dynamic support, preventing a deeper breakdown. However, the inability to break above $4,000 has left the asset vulnerable to renewed selling pressure if momentum weakens.

Volume patterns suggest limited conviction among buyers, as each rally attempt has been met with fading strength. To regain a sustainable bullish outlook, Ethereum needs a decisive close above $4,200. This would signal a potential continuation toward $4,500 and higher. Conversely, failure to reclaim that range could lead to a retest of $3,600–$3,500.

Featured image from ChatGPT, chart from TradingView.com

Ethereum (ETH) is trading near $3,900, creating a pivotal moment for the market. On-chain data shows large wallets shifting into accumulation mode, while chart analysts point to a classic Wyckoff re-accumulation structure.

These shifts in development suggest Ethereum could be preparing for another upward leg. This analysis explores the verified data behind the signals — whale behavior, technical structure, and critical support levels — to evaluate the likelihood of an ETH breakout above $5,000.

Whale activity strengthens the case
Whale activity shows large Ethereum holders stepping up their accumulation. In particular, data from October showed that ETH hovered around $4,000 as whales withdrew large amounts from exchanges and accumulation began to rise.

Meanwhile, analysts flagged that ETH faces a key support band near $3,700-$3,800 and noted declining issuance plus rising staking activity as factors tightening the float.

Wyckoff Chart structure re-accumulation emerging
Analysts are watching Ethereum’s price action through the lens of the Wyckoff model. ETH is showing a structure resembling Wyckoff’s “test” phase, where supply is absorbed and price stabilizes before a potential markup.

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This analysis shows Ethereum may have entered Phase E of the Wyckoff cycle — the stage where price begins to trend upward after the accumulation is complete.

The combination of a narrowing trading band (around $3,700-$3,900) and the shift of large-holders into accumulation is consistent with this interpretation.

Ethereum is trading under resistance near $3,929, which some analysts say must be broken to confirm a bullish reversal. Support lies near $3,700-$3,800, a zone that has held recently and is critical to maintain the pattern intact.

If ETH clears above $4,100 resistance level with volume and demand, the next resistance zone near $4,500-$4,800 comes into play. Conversely, failure to hold support around $3,700 would raise the risk of a deeper pullback.

Given the convergence of whale accumulation and a Wyckoff-type formation, Ethereum’s trajectory now leans toward a breakout scenario. If price closes above $4,000 with strength, we may well see ETH cross $4,500 and challenge higher levels.

Grayscale's NYSE bell ringing marked a breakthrough moment for crypto investing as its multi-asset ETF opened institutional access to bitcoin, ether, and XRP, driving wider adoption and expanding exposure across the rapidly maturing digital economy.

Dogecoin is once again under pressure as bears tighten their hold, keeping the price pinned below key resistance levels. Despite the ongoing consolidation, one crucial support zone is beginning to show signs of strength, hinting that a potential reversal could be on the horizon if buyers step in at the right moment.

Momentum Hinges On RSI and BTC Dominance Levels
Umair Crypto, in his latest update on Dogecoin, noted that the meme coin is currently consolidating just beneath the 200-day Simple Moving Average (SMA), forming what appears to be a clear bearish setup. According to Umair, the structure suggests that the price could soon face rejection from this critical moving average, a move that may trigger a decline toward the $0.15 region, or potentially even lower if selling pressure intensifies.

Despite the bearish tone, Umair highlighted that the $0.15 zone remains a crucial area of interest for buyers. He explained that this region could act as a strong bounce zone if the expected rejection occurs, offering the bulls a chance to defend the key support and potentially ignite a recovery from oversold conditions.

Source: Chart from Umair Crypto on X
On a more optimistic note, Umair pointed out that a recovery above the daily RSI trendline could change the short-term outlook for DOGE and fuel a move above the 200-day SMA, opening the door for renewed bullish momentum. However, Umair maintained a cautious stance for now until there’s a confirmed decline in Bitcoin dominance (BTC.D) below 59%. This shift would likely mark the beginning of a more sustainable upward phase, including Dogecoin.

Dogecoin Regains Stability After Recent Correction
In a more recent market update, BitGuru highlighted that Dogecoin is starting to display early signs of a potential recovery following its recent correction phase. After facing sustained downward pressure, the popular meme coin seems to be regaining some stability as its price action begins to level out.

BitGuru pointed out that DOGE has managed to hold firmly near a key support level despite recent volatility. This steady price action near the base suggests that buyers are gradually stepping back in, showing confidence in the asset’s long-term potential. The chart structure is beginning to curve upward, which often precedes a breakout or a notable shift in market sentiment

He further explained that if this early momentum continues to develop, Dogecoin could be preparing for a breakout toward the $0.22–$0.25 range. A successful move in that direction would mark a meaningful recovery from its previous decline and could spark renewed interest from traders.

DOGE trading at $0.19 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com

Tether, the El Salvador-based issuer of the largest stablecoin by market capitalization, is looking to post a massive $15 billion in profit this year.

The leading stablecoin issuer declared its year-to-date profit expectations on Friday, October 24, sparking discussions across the crypto community.

Tether sets 'insane' target following 99% profit margin The jaw-dropping profit target positions Tether as a leading force in both the traditional finance and digital asset sectors. Amid the broad crypto market buzz, ETF analyst Nate Geraci has shown surprising reactions, calling the numbers “insane.”

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Furthermore, Geraci noted that Tether is operating with a 99% profit margin and has about $183 billion USDT in circulation. Hence, the targeted YTD returns appear realistic considering Tether’s impressive performance over the year.

Tether CEO Paolo Ardoino issued comments disclosing the drive behind the eye-catching profit target. Ardoino revealed that a large number of companies have approached Tether with offers to buy in.

Some of the companies it is already in talks with include SoftBank Group and Ark Investment Management — two names that could bring powerful mainstream partnerships to the crypto giant. With these discussions, Tether is looking to raise up to $20 billion for a 3% equity stake.

Tether hits 500 million users milestone As Tether continues to achieve significant milestones in recent months, it has also garnered increasing interest from investors worldwide.

Just a few days ago, the Tether boss revealed that the firm has surpassed a massive 500 million users worldwide — a milestone tagged as the biggest financial inclusion achievement in history.

With these impressive achievements, it appears that Tether has set a realistic target, one it may ultimately surpass by the end of the year.

Furthermore, one of its major achievements is the recent launch of a highly regulated U.S.-based stablecoin, which will be spearheaded by former White House official Bo Hines, driving more attention to the leading cryptocurrency USDT.

XRP price rose by over 3% today, Oct. 24, as the crypto market rebounded, following encouraging Ripple ETF and options news.

Summary

XRP price has formed an inverse head-and-shoulders pattern.
The XXRP ETF assets have crossed the important milestone of $100 million.
More data shows that CME futures have crossed $26 billion in volume.

Ripple (XRP) token jumped to $2.4655, up by 80% from its lowest level this month. It has also formed a highly encouraging bullish pattern on the shorter time frame.

XRP ETF crosses $100M and futures activity surges
The XRP price tilted upwards as data showed resilient demand for the token. Data on the REX-Osprey’s website shows that the recently launched XRPR ETF crossed the $100 million asset milestone this week. 

The fund now holds over $100.89 million in assets, making it one of the biggest altcoin ETFs in the industry. Its growth is notable as it has an expense ratio of 0.75%, making it more expensive than other spot Bitcoin (BTC) and Ethereum (ETH) ETFs.

The inflows are also notable as they are happening as the coin remains in a deep bear market after falling by over 32% from its highest point this year. In most cases, cryptocurrency and stock ETFs experience weak inflows during bear markets. 

XXRP’s performance means that other XRP ETFs by companies like Franklin Templeton and 21Shares will have robust demand. For one, they will be based on the Securities Act of 1933, which is different from the ‘40 Act. They will also have lower fees than the REX-Osprey one.

The other notable XRP news came from CME Group. In an X post, the company said that the recently launched XRP and Micro XRP futures had handled over 567k contracts with a notional value of over $26 billion. This makes XRP one of the most actively traded assets in the company. 

https://twitter.com/CMEGroup/status/1981359956822565083

XRP price technical analysis 
XRP price chart | Source: crypto.news
The eight-hour chart shows that the XRP price has rebounded from the year-to-date low of $1.3788 to the current $2.4840. It has crossed the 25-period Exponential Moving Average.

Most importantly, it has formed an inverse head-and-shoulder, which is shown in green above. This pattern normally leads to a strong bullish breakout over time. 

Additionally, the Relative Strength Index and the True Strength Index have all pointed upwards. Therefore, the most likely scenario is where the token rebounds and hits the important resistance level at $3. This target price is about 21% above the current level. 

Key NotesSpaceX wallets still retain 6,970 BTC worth $770.4 million split between cold storage and Coinbase Prime custody arrangements.Elon Musk posted Floki Inu content and X announced a Handles Marketplace ahead of potential crypto payment integration features.The transfer occurred during a week of heightened Musk crypto engagement, fueling speculation about institutional exposure adjustments.
Crypto wallets linked to Elon Musk‘s SpaceX were detected transferring $133.4 million worth of Bitcoin

BTC
$110 982

24h volatility:
1.2%

Market cap:
$2.21 T

Vol. 24h:
$49.73 B

on Friday, October 24, sparking instant market reactions.

On-chain data from analytics platform Arkham shows that the transfer occurred around 4:30 p.m. CET, when Bitcoin was trading near $111,200. Within hours, BTC briefly dipped to $109,938 before recovering toward $110,500 at press time.

Elon Musk’s SpaceX Spotted Moving Bitcoin Worth $133M | Source: Arkham

Large-scale movements from major institutional entities like SpaceX often stir speculation of imminent sell-offs, prompting traders to adopt a more cautious stance. The originating account still holds 6,970.45 BTC, valued at approximately $770.4 million, according to data from Arkham Intelligence. These holdings are reportedly split between cold storage and Coinbase Prime custody, suggesting any potential sale could be part of an ongoing exposure adjustment rather than a complete liquidation.

Elon Musk’s Week of Crypto Interactions Fuels Speculation
The $133 million BTC transfer coincides with a week of heightened interaction between Elon Musk and the online crypto community.

On October 20, Elon Musk posted a humorous video of Floki Inu, labeling the Shiba Inu-themed dog as the “CEO of X”, the social media platform he acquired in 2023.

Earlier in the week, X also unveiled plans for a “Handles Marketplace”, a platform designed to allow verified users to trade unused usernames, a move interpreted as a precursor to integrating Dogecoin

DOGE
$0.20

24h volatility:
1.9%

Market cap:
$29.92 B

Vol. 24h:
$1.44 B

or crypto-based payments within the platform.

The post reignited interest in Dogecoin and other Musk-linked meme tokens, briefly lifting DOGE trading volumes across major exchanges.

As a private company, SpaceX’s total Bitcoin holdings and reserve strategy remain undisclosed. However, Elon Musk has maintained a supportive stance towards the pioneer cryptocurrency, affirmed in public appearances during President Trump’s campaigns in 2024.

SUBBD Presale Nears $1.5M as Elon Musk Triggers AI Interest
Elon Musk’s SpaceX $133 million Bitcoin transaction has reignited investor interest in emerging AI-powered projects like SUBBD. SUBBD is built to connect influencers, brands, and digital communities, integrating advanced AI monetization tools.

SUBBD Presale

The ongoing SUBBD presale has now exceeded $1.3 million of its $1.4 million target, with tokens currently priced at $0.057. With the next pricing tier just over 48 hours away, prospective participants can visit the official SUBBD presale site to claim up to 20% staking rewards before the next phase begins.

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.

Market News

Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.

Ibrahim Ajibade on LinkedIn

On Polymarket, bettors tracking pardon outcomes have moved odds for SBF from 6% to 12.5% within a day before settling near 9.7%. The shifts have come as he has appealed his 2023 conviction and a November 3 New York court date has neared.

Alvin Lang
Oct 24, 2025 22:30

Gold advocate Peter Schiff challenges Binance's CZ to a debate on Bitcoin vs tokenized gold, exploring which better fulfills the roles of money.

A heated debate is anticipated between gold proponent Peter Schiff and Binance co-founder Changpeng “CZ” Zhao, as the two prepare to discuss the merits of Bitcoin versus tokenized gold. Schiff, a longtime critic of Bitcoin (BTC), extended the challenge to CZ in a recent social media post, aiming to evaluate which asset serves better as a store of value, a medium of exchange, and a unit of account, according to CryptoNews.

Gold vs Bitcoin: The Debate
Schiff, CEO of Euro Pacific Asset Management, has consistently argued against Bitcoin, citing its volatility and speculative nature as major drawbacks. He advocates for gold, particularly in its tokenized form, which he believes combines the tangible value of precious metals with blockchain technology's efficiency.

In contrast, CZ has been a vocal supporter of Bitcoin, emphasizing its decentralized nature as a key advantage over tokenized gold, which he criticizes for relying on third-party custodians. He argues that such reliance makes tokenized gold less secure compared to Bitcoin's blockchain.

Economic Context
This debate comes at a time when both gold and Bitcoin are experiencing significant price movements. Gold recently reached a record high of over $4,035 per ounce amid economic uncertainties in the U.S., while Bitcoin soared past $126,000, marking its highest valuation to date.

Schiff maintains that gold's 5,000-year history as a stable store of value underscores its reliability, while Bitcoin's rapid rise since its inception in 2009 demonstrates its potential to disrupt traditional financial systems.

Tokenized Gold's Emergence
The discussion also highlights the growing market for tokenized gold. Platforms like Tether Gold (XAUT), PAX Gold (PAXG), and Kinesis Gold (KAU) have seen increased adoption, with their combined market capitalization recently surpassing $3.75 billion. This growth reflects a broader trend of real-world asset tokenization, which has expanded by 36% in the past month.

Future Implications
As the debate unfolds, it could offer insights into the evolving dynamics between traditional and digital assets. Analysts suggest that while gold-backed tokens gain traction, Bitcoin may be entering a new phase of maturity, potentially leading to further institutional adoption.

Ultimately, the outcome of this debate may influence perceptions of both Bitcoin and gold's roles in the future monetary landscape, as the financial world continues to grapple with the implications of digital currencies and blockchain technology.

Image source: Shutterstock

bitcoin
gold
debate
cryptocurrency

TL;DR

Sygnum Bank will launch MultiSYG in the first half of 2026, a fiat-backed loan secured by Bitcoin with multi-signature custody.
The product allows shared control of collateral through a 3-of-5 key scheme, preventing the assets from being rehypothecated.
MultiSYG offers competitive rates, flexible drawdowns and loan durations, combining autonomy over Bitcoin with regulated banking services.

Sygnum Bank will launch in the first half of 2026 a Bitcoin-backed lending product using a multi-signature custody model called MultiSYG. The initiative combines Bitcoin-native multi-signature wallet technology with the services of a regulated bank, making it the first solution of this kind offered by a global financial institution.

The development of MultiSYG is carried out in partnership with Debifi, a non-custodial Bitcoin-backed lending platform. The product allows clients to maintain shared control of their collateral through a 3-of-5 key scheme, preventing the assets from being rehypothecated and offering greater security compared to full-custody models. Borrowers will be able to access fiat loans while keeping control over their collateral.

Sygnum’s MultiSYG loans provide competitive terms, flexibility in drawdowns and loan durations, as well as full regulated banking services. The combination of cryptographic autonomy with institutional backing allows clients to access the benefits of traditional banking without giving up the security and transparency of their digital assets.

Sygnum: Sovereignty, Security, and Compliance
The announcement coincided with the first anniversary of Sygnum’s office in Lugano and with the Plan B Forum, Switzerland’s leading Bitcoin event. According to Pascal Eberle, head of the initiative, MultiSYG integrates principles of asset sovereignty within a regulated framework, providing transparency and security without requiring blind trust in an external custodian.

The product was developed in response to the growing demand for Bitcoin-backed loans. In 2025, companies such as Riot Platforms, Cleanspark, Two Prime, FalconX, and Maple Finance secured credit lines backed by Bitcoin, arranged by institutions including Coinbase Prime and Cantor Fitzgerald. MultiSYG joins this trend, offering an alternative that combines user-side control with banking benefits.

At launch, MultiSYG will be available to all Sygnum Bank clients, regardless of jurisdiction, and will complement the bank’s existing credit and lending portfolio

Ethereum trades near $4K as analysts watch for a breakout from resistance. A move above $4,100 may trigger a relief rally.

Ethereum is trading just below a key resistance level after holding support at $3,800.

Market focus is now on whether buyers can push through the overhead pressure or if the price will face another rejection.

ETH Holds at $3,800, Approaches Resistance Band
ETH has recovered from recent lows and is currently trading around $4,000. The asset found support in the $3,790 to $3,815 area, which has consistently acted as a base in recent sessions. Below this level, another support zone sits between $3,550 and $3,670, offering a stronger floor if needed.

Analyst Ted noted that Ethereum has once again bounced from $3,800 and is now testing the $4,000 to $4,100 resistance zone. This range has shown strong selling pressure in the past. If buyers can close above this area, the next target lies near $4,236 to $4,265. This level has previously acted as both support and resistance, which may attract renewed selling activity.

The current structure suggests the price remains in a defined range. Multiple scenarios remain possible depending on how the asset reacts to the resistance zone.

Technical Pattern Points to Possible Breakout
On the 3-day chart, Ethereum appears to be forming a classic cup-and-handle setup. The cup took shape between January and August, as prices gradually recovered from a prolonged downturn. After reaching previous highs, the asset entered a consolidation phase.

The handle is forming as a downward-sloping channel. Analyst Trader Tardigrade highlighted three touches on both the upper and lower bounds of the channel, suggesting a controlled range. The chart shows ETH still within this formation. A confirmed move above the top of the channel may suggest a continuation to the upside. The analyst said,

You may also like:

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‘Insider’ OG Whale Back in Action: 3,003 BTC Transferred Amid Aggressive Shorting

Ethereum Reclaims $4K, Poised For Explosive Breakout Say Analysts

#ETH/3-day

Ethereum has formed a textbook cup-and-handle pattern.

The handle shows three touches at both the top and bottom of the channel.

✍️ A breakout is the next event 🔥 pic.twitter.com/h3XPCYRJ3t

— Trader Tardigrade (@TATrader_Alan) October 24, 2025

A clean breakout on higher volume would likely validate the setup.

Sentiment Shifts as Key Events Approach
Additional commentary from Joe Swanson described a triple bottom around $3,750, calling it a potential setup for a breakout. He added that a move above $4,000 could lead to a 10% rally toward $4,280. EtherWizz noted that the market is entering a Wyckoff-style reaccumulation phase and expects $7,000 if $4,200 is reclaimed.

However, CPI data is expected, and the Federal Reserve’s meeting next week could affect sentiment. Ted wrote,

“These events could bring some buy pressure in Ethereum and result in a short squeeze.”

Key Levels Remain in Focus
While Ethereum continues to trade near resistance, many traders remain cautious. Lennaert Snyder noted that he is watching the $4,050 level for potential short positions if resistance holds, or long entries if the price breaks through with strength.

Ethereum remains in a tight range. A breakout above $4,100 would shift momentum and could attract stronger buying, while a rejection may lead to another retest of support. Traders are watching how the asset reacts to this zone.

TLDR

Rumble is partnering with Tether to introduce Bitcoin tipping for creators.
The feature is currently in testing and will be fully rolled out by December.
Tether’s CEO Paolo Ardoino highlights the potential of Bitcoin and stablecoins for empowering creators.
Rumble is also collaborating with MoonPay to create its own crypto wallet for users.
Rumble’s Bitcoin treasury strategy has seen the firm invest $25 million in Bitcoin reserves.

Rumble, the popular video-sharing platform, is integrating Bitcoin tipping to boost its creator economy. The firm announced the collaboration at the Plan B Forum in Lugano, Switzerland. CEO Chris Pavloski shared that the feature would be fully rolled out by December, after testing with Tether.

Bitcoin Tipping Powered by Tether
Rumble is working closely with stablecoin issuer Tether to introduce Bitcoin tipping. The feature is currently in its testing phase. Pavloski confirmed that users could expect full implementation in the coming weeks. Tether’s CEO Paolo Ardoino spoke about the potential for Bitcoin and stablecoins to empower creators and foster financial freedom.

“We are creating a new way for creators to receive tips in a secure, decentralized manner,” Pavloski stated. Ardoino added that this move aligns with Tether’s mission to bring cryptocurrencies to emerging markets and the U.S. market. With millions of active users, Rumble is well-positioned to drive Bitcoin adoption.

Rumble’s Expansion into Crypto Payments
Rumble is not only integrating Bitcoin tipping but also planning to launch its own crypto wallet. The firm is working with MoonPay to enhance the creator experience further. This initiative aligns with Rumble’s strategy to strengthen its position as a key player in the digital creator economy.

In addition to Bitcoin tipping, Rumble is focusing on its Bitcoin treasury strategy. The firm has already invested up to $25 million in Bitcoin, making it a significant holder. Rumble’s efforts to incorporate cryptocurrency offer an alternative for creators seeking financial independence from traditional systems.

Shares of Rumble closed up 0.56% at $7.14, though the firm’s stock is down 45% year-to-date. Rumble continues to innovate in a competitive market, providing new ways for creators to monetize their content.

SpaceX, the advanced rockets and spacecraft company, has moved another batch of Bitcoin worth around $133.68 million.

TLDR

Table of Contents

TLDRRipple Strengthens Its Institutional FootprintGet 3 Free Stock Ebooks

Ripple has completed its $1.25 billion acquisition of Hidden Road, marking a major step in its institutional expansion.
The acquisition rebrands Hidden Road as Ripple Prime, strengthening Ripple’s services in multi-asset prime brokerage.
Ripple Prime will offer institutional clients services including clearing, financing, and access to digital assets, FX, and derivatives.
Ripple’s acquisition of Hidden Road complements its growing presence in traditional finance and digital asset infrastructure.
Ripple has been actively acquiring companies, including GTreasury and Rail, to integrate digital assets into global finance.

Ripple has officially completed its $1.25 billion acquisition of Hidden Road, marking a key milestone for the company. This deal positions Ripple as the first crypto firm to own a global multi-asset prime broker. The acquisition will integrate Ripple’s technology with Hidden Road’s services, expanding its presence in traditional finance.

As a result of the deal, Hidden Road will now operate under the name Ripple Prime. The rebranding solidifies Ripple’s plans to provide institutional clients with services like clearing, financing, and market access. These services will span foreign exchange, derivatives, fixed income, and digital assets, combining Ripple’s ecosystem with prime brokerage offerings.

Ripple emphasized that the synergy between both businesses made this acquisition a logical next step.

“Ripple’s foundational digital asset infrastructure across payments, crypto custody, and stablecoin, as well as the use of XRP, will complement Ripple Prime’s services,” said a company spokesperson.

Ripple expects this move to accelerate institutional adoption of digital assets.

With Ripple’s acquisition of Hidden Road finalized, it’s finally time to “SUPERCHARGE XRP’S UTILITY.”📈🔋

“Hidden Road plans to migrate its post-trade clearing onto XRPL, showcasing the blockchain's ability to handle high-volume institutional flows.”✅

Documented.📝👇 https://t.co/dBZk7dYa7H pic.twitter.com/FstGAkPvyL

— SMQKE (@SMQKEDQG) October 24, 2025

Ripple Strengthens Its Institutional Footprint
This acquisition is Ripple’s latest move to deepen its integration into traditional finance. Ripple has been actively expanding its institutional operations through a series of acquisitions. Just last week, Ripple spent $1 billion to acquire GTreasury, a corporate treasury management firm. The acquisition aligns with Ripple’s goal to further strengthen its foothold in the U.S. banking and financial system.

Additionally, Ripple plans to acquire Rail, a Toronto-based payments platform specializing in stablecoin infrastructure. The $200 million deal is still pending regulatory approval, but is expected to close in Q4 2025. Once complete, Rail’s technology will be integrated into Ripple’s existing payment and stablecoin ecosystem.

Ripple’s strategy aims to integrate digital assets into more traditional financial sectors. These moves underscore Ripple’s commitment to expanding its presence in the global financial industry. Ripple Prime will be able to offer a full range of services with Ripple’s digital asset ecosystem.

Maxwell Mutuma

Maxwell is a crypto-economic analyst and blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.

In brief
SpaceX moved more than 1,200 BTC—or $133 million in funds—on Friday.
The transfers follow similarly sized moves from earlier this week.
Details on the firm's plans are not yet known.
Elon Musk’s space exploration company, SpaceX, moved more than $133 million in Bitcoin on Friday, according to blockchain analytics firm Arkham Intelligence.  

The firm transferred 1,215 Bitcoin in total to separate addresses, just days after shifting around a similar amount to addresses it controls. 

“SpaceX just moved funds totalling $133.7 million,” the analytics firm posted. “They transferred 300 BTC ($33M) and 915 BTC ($100.7M) to new wallets.” 

Unlike SpaceX’s transfers earlier in the week, the new wallets are not currently labeled as belonging to the Hawthorne, California-based firm. 

ARKHAM ALERT: SPACEX MOVING $130M $BTC

SPACEX JUST MOVED FUNDS TOTALLING $133.7M. THEY TRANSFERRED 300 BTC ($33M) AND 915 BTC ($100.7M) TO NEW WALLETS

THIS COMES 3 DAYS AFTER THEIR LAST MOVE OF 100 BTC pic.twitter.com/YplK8QAdvn

— Arkham (@arkham) October 24, 2025

Prior to the transfers, the firm held 8,285 BTC worth around $914 million, as Bitcoin recently traded above $110,000. That’s good enough for fourth on the list of privately held companies with Bitcoin treasuries, according to data from BitcoinTreasuries.net. 

In 2022, addressees labeled as belonging to the aerospace firm held as much as 25,000 BTC, but that number dropped to 8,285 BTC in June of that year. 

After those moves, SpaceX did not register any on-chain activity until earlier this year, when it consolidated some of its Bitcoin holdings in its first on-chain activity in more than three years. 

It’s not immediately clear why the firm transferred the funds or if it has any intentions to sell some of its Bitcoin holdings. A representative for SpaceX did not immediately respond to Decrypt’s request for comment.

Another of Musk’s companies, Tesla, also maintains a strong connection to Bitcoin. The car and robotics firm currently holds 11,509 BTC, worth more than $1.27 billion, placing it just outside the top 10 publicly traded companies with Bitcoin treasuries.

Earlier this year, Tesla re-valued its holdings based on new accounting rules, leading it to book more than $600 million in quarterly profits as BTC rose following the election of President Donald Trump.

Tesla has no further recorded on-chain activity since it moved around $765 million in BTC to new wallets in October 2024.

Bitcoin is down modestly on the day, falling 0.3% to $110,541—about 12% off its all-time high of $126,080. 

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XRP’s price has been showing signs of consolidation in recent days and oscillating between $2.30 and $2.50. The entire crypto market has been relatively steady, and XRP has managed to maintain its footing above $2.20. 

Despite the slow momentum, a technical analysis shared by the crypto analyst known as ChartNerd on X suggests that XRP could be preparing for a massive breakout that could take it from current levels toward a long-term target above $27. The analysis is supported by a chart showing multiple confluences aligning in favor of such a large-scale move.

XRP Technical Analysis Points To Rally
According to ChartNerd’s chart, XRP has now completed a symmetrical triangle breakout pattern that has been forming for several years. This breakout is occurring above a multi-year ascending support line that dates back to 2017. The chart also shows an important resistance block that previously capped XRP’s price during earlier bull runs in 2017 and 2021. 

XRP broke above this resistance block months ago, but recently retested it during last week’s flash crash. Its rebound from this resistance block reinforces the idea that XRP is about to bounce massively. The breakout from this long-term consolidation zone, combined with the multi-year ascending trendline, provides the technical foundation for a potential move toward much higher price targets.

Source: Chart from ChartNerd on X
Another important confirmation that occurred during the flash crash was the successful retest of the 3-month 10 EMA. This retest serves as a validation point for the recent breakout, showing that XRP is maintaining its structure on higher timeframes. Furthermore, the analysis shows that XRP has reclaimed the Gaussian Channel upper regression line, which represents long-term trend momentum. 

This alignment of the EMA retest with the Gaussian Channel suggests strong bullish momentum is beginning to build. ChartNerd refers to this convergence of multiple indicators as a “confluence zone.”

Fibonacci Extension Targets From $8 To $27
The analysis concludes with a clearly defined Fibonacci extension roadmap that outlines XRP’s next price objectives. ChartNerd’s Fibonacci levels place the first major target at $8.47, corresponding to the 1.272 extension, followed by $13.78 at the 1.414 level, and finally the 1.618 extension at $27.70. 

This sequence implies a full technical replication of XRP’s bull run in 2017, scaled to its current breakout structure. Back then, XRP hit all three Fibonacci extensions from the previous low after breaking above a similar resistance block. 

If these projections materialize, XRP could experience its most significant rally in years. The move toward $27 could unfold in one of two ways: either through a strong, near-vertical surge similar to the explosive rally of 2017 or through a series of measured advances highlighted by corrections at each resistance level. Nonetheless, both scenarios have the same bullish structure.

At the time of writing, XRP is trading at $2.44, up by 1.4% in the past 24 hours.

XRP trading at $2.45 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from iStock, chart from Tradingview.com

Health and Human Services Secretary Robert F. Kennedy Jr. determined that New World screwworm presents significant potential for a public health emergency.

Veteran Disney Entertainment Attorney to Lead Legal Operations for Leading Television Broadcasting Company

, /PRNewswire/ -- Graham Media Group, a prominent television broadcasting company, today announced the appointment of Michael Storm as Vice President & General Counsel. Storm brings extensive experience in media law, talent and entertainment contracts, and labor relations from his distinguished career at The Walt Disney Company.

In his new role, Storm will oversee all legal matters for Graham Media Group, providing strategic counsel on corporate operations, employment and labor relations, regulatory compliance, and business development initiatives.

Michael Storm, Graham Media Group's Vice President & General Counsel

"We are thrilled to welcome Michael Storm to Graham Media Group," said President & CEO Catherin Badalamente. "His deep expertise in media law, coupled with his proven record negotiating complex agreements for major television productions and news operations, makes him an ideal fit for our organization. Michael's leadership will be instrumental as we continue to grow and innovate in the evolving media landscape."

Storm joins Graham Media Group from The Walt Disney Company, where he most recently served as Senior Counsel for Disney Entertainment. During his tenure at Disney, Storm provided critical legal guidance on the implementation of emerging technologies and new initiatives for ABC News and ESPN. Previously, Storm served as Labor Relations Manager for Disney Parks, Experiences & Products in Orlando, Florida. Prior to joining Disney, Storm practiced labor and employment law at Fisher Phillips LLP in Tampa, Florida.

Storm holds a Bachelor of Science from Cornell University's School of Industrial and Labor Relations and a Juris Doctor from the University of Notre Dame Law School. He is an active member of The Florida Bar. Storm serves as a student mentor at both Cornell and Notre Dame for students interested in entertainment and media law.

"I'm excited to join Graham Media Group and contribute to an organization with such a strong commitment to quality journalism and community service," said Storm. "My experience working with television news operations and navigating the complex legal landscape of modern media has prepared me well for this opportunity. I look forward to partnering with the talented team at Graham Media Group as we continue to deliver exceptional content to audiences."

Storm grew up in a union household in upstate New York, where his father served as a grievance and bargaining representative for the United Steelworkers. This background instilled in him an early understanding of workplace dynamics and the importance of collective bargaining—themes that have defined his career in labor relations and entertainment law.

In his free time, Storm is an active volunteer and foster parent for local animal shelters and non-profits. He cherishes time with his wife, Meagan, their son, Beau, and their dog, Marshall.

About Graham Media Group: Graham Media Group is the authentic, local voice passionately informing and celebrating our communities. Comprising seven local media powerhouses—KPRC (Houston), WDIV (Detroit), SLS (Roanoke), KSAT (San Antonio), WKMG (Orlando), WJXT (Jacksonville), and WCWJ (Jacksonville)—plus Graham Digital, Omne, and Social News Desk, we deliver local news, programming, advertising solutions, and digital media tools across television, online, mobile, streaming, podcasts, and audio devices. Our dynamic, local brands extend well beyond traditional broadcast television, helping to inform, celebrate, and knit together the communities we serve. Headquartered in Detroit, Graham Media Group is a subsidiary of Graham Holdings Company (NYSE: GHC). Learn more at www.grahammedia.com.

SOURCE Graham Media Group

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Leonardo Rosa

Good morning. Welcome to the conference call of Usiminas in which the results of the Third Quarter of 2025 will be discussed. I'm Leonardo Karam, Investor Relations Officer at Usiminas. [Operator Instructions] This conference call is being recorded and simultaneously broadcast on the Usiminas YouTube channel.

We would like to remind you that this conference call is exclusively for investors and market analysts. [Operator Instructions] We also request that any questions from journalists be directed to the Media Relations team at Usiminas via e-mail in [email protected].

Before proceeding, we would like to clarify that any forward-looking statements that may be made during this conference call regarding the prospects of the company's business as well as projections, operational and financial goals related to its growth potential constitute forecasts based on the management's expectations regarding the future of Usiminas. These expectations are highly dependent on the performance of the steel sector, the country's economic situation and the situation of the market at the international level, so they are subject to change.

With us today is our President, Marcelo Chara; the Vice President of Finance and Investor Relations, Thiago Rodrigues; and our Commercial Vice President, Miguel Homes. First, Marcelo will make a few remarks, then Thiago will present the results. Afterwards, the question asked in the Q&A section will be answered.

Now I give the floor to Marcelo. Please, Marcelo.

Marcelo Chara
CEO & Member of the Executive Board

Thank you. Thank you very

Q3: 2025-10-23 Earnings SummaryEPS of $0.83 beats by $0.11

 |

Revenue of

$115.74M

(13.64% Y/Y)

beats by $4.67M

Byline Bancorp, Inc. (NYSE:BY) Q3 2025 Earnings Call October 24, 2025 10:00 AM EDT

Company Participants

Brooks Rennie - Head of Investor Relations
Alberto Paracchini - President & Director
Roberto Herencia - Executive Chairman of the Board & CEO
Thomas J. Bell - Executive VP, Treasurer & CFO

Conference Call Participants

David Long - Raymond James & Associates, Inc., Research Division
Adam Kroll - Piper Sandler & Co., Research Division
Brian Martin - Janney Montgomery Scott LLC, Research Division
Brandon Rud - Stephens Inc., Research Division
Matthew Renck - Keefe, Bruyette, & Woods, Inc., Research Division
Ynyra Bohan

Presentation

Operator

Good morning, and welcome to the Byline Bancorp Third Quarter 2025 Earnings Call. My name is Carly. I'll be the conference operator today. [Operator Instructions]

Please note that this conference call is being recorded. At this time, I'd like to introduce Brooks Rennie, Head of Investor Relations of Byline Bancorp.

Brooks Rennie
Head of Investor Relations

Thank you, Carly. Good morning, everyone, and thank you for joining us today for the Byline Bancorp Third Quarter 2025 Earnings Call. In accordance with Regulation FD, this call is being recorded and is available via webcast on our Investor Relations website, along with our earnings release and the corresponding presentation slides.

As part of today's call, management may make certain statements that constitute projections, beliefs or other forward-looking statements regarding future events or the future financial performance of the company. We caution that such statements are subject to certain risks, uncertainties and other factors that could cause actual results to differ materially from those discussed. The company's risk factors are disclosed and discussed in its SEC filings.

In addition, our remarks and slides may reference or contain certain non-GAAP financial measures, which are intended to supplement but not substitute for the most directly comparable GAAP measures. Reconciliation of each non-GAAP financial measures

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Q3: 2025-10-23 Earnings SummaryEPS of $0.26 misses by $0.23

 |

Revenue of

$72.51M

(13.87% Y/Y)

beats by $3.19M

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE:VTMX) Q3 2025 Earnings Call October 24, 2025 11:00 AM EDT

Company Participants

Fernanda Bettinger - Director of Investor Relations
Lorenzo Dominique Berho Carranza - Chief Executive Officer
Juan Felipe Sottil Achuttegui - Chief Financial Officer

Conference Call Participants

Juan Ponce - Banco Bradesco BBI S.A., Research Division
Pablo Ricalde Martinez - Itaú Corretora de Valores S.A., Research Division
Francisco Chávez Martínez - BBVA Research SA
Adrian Huerta - JPMorgan Chase & Co, Research Division
Alejandra Obregon - Morgan Stanley, Research Division
Wilfredo Jorel Guilloty - Goldman Sachs Group, Inc., Research Division
Ernst Mortenkotter - GBM Grupo Bursátil Mexicano, S.A. de C.V. Casa de Bolsa, Research Division
Alan Macias - BofA Securities, Research Division
Francisco Suarez - Scotiabank Global Banking and Markets, Research Division
André Mazini - Citigroup Inc., Research Division

Presentation

Operator

Greetings, ladies and gentlemen. Welcome to the Vesta Third Quarter 2025 Earnings Conference Call. [Operator Instructions] And as a reminder, this call is being recorded. It is now my pleasure to introduce your host, Fernanda Bettinger, Vesta's Investor Relations Officer. Please go ahead.

Fernanda Bettinger
Director of Investor Relations

Good morning, everyone, and welcome to our review of third quarter 2025 earnings results. Presenting today with me is Lorenzo Dominique Berho, Chief Executive Officer; and Juan Sottil, our Chief Financial Officer. The earnings release detailing our third quarter 2025 results was released yesterday after market closed and is available on Vesta's IR website, along with our supplemental package.

It's important to note that on today's call, management remarks and answers to your questions may contain forward-looking statements. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ. For more information on these risk factors, please review our public filings. Vesta assumes no obligation to update any forward-looking statements in the future.

Additionally, note

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October 24, 2025 17:38 ET

 | Source:

374Water

New Executive Leadership, Open Market Stock Purchases, and Minimum Equity Ownership Policy Further Align Shareholder Interests

Fortified Balance Sheet Including Recent Proceeds of Approximately $7.0 Million from ATM Facility Extends Cash Runway into 2026

Special Meeting of Stockholders to be held on Monday, December 15, 2025, at 9:00 a.m. Eastern Time.

MORRISVILLE, N.C., Oct. 24, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) (“374Water” or the “Company”), a global leader in organic waste destruction technology and services for the industrial, municipal, and federal markets, today announced it has filed a preliminary proxy statement in connection with the Company’s upcoming Special Meeting of Stockholders to be held on Monday, December 15, 2025, at 9:00 a.m. Eastern Time. The purpose of the Special Meeting of Stockholders is to request that the Company’s stockholders of record as of the close of business on October 24, 2025, approve amendments to the Certificate of Incorporation to effect a reverse stock split of our common stock, par value $0.0001 per share (“Common Stock”) at a ratio ranging from any whole number between 1 for 8 and 1 for 20 (the “Reverse Stock Split”). If approved by stockholders, the Company expects that the Company’s Common Stock shall trade on a split-adjusted basis at market open on December 26, 2025. The Reverse Stock Split, if implemented, will not affect any stockholder’s proportional ownership in the Company or relative value of their investment; it simply reduces the number of shares outstanding while maintaining the same overall market capitalization, except for minor adjustments due to the treatment of fractional shares resulting from the Reverse Stock Split. However, the Board reserves the right to abandon the Reverse Stock Split at any time, even after receiving stockholder approval, if determined to be in the best interests of the Company and its stockholders.

“This proposal is intended to support long-term shareholder value and give us optionality in preserving our listing on Nasdaq and pursuing additional financing options to grow our business,” said Stephen J. Jones, Interim President and Chief Executive Officer of 374Water. “We are focused on maintaining listing requirements without a reverse stock split, but are proactively exploring all options to comply with regulatory timelines. We believe retaining our Nasdaq listing and a higher share price will increase and broaden our institutional shareholder base, provide increased liquidity, and further enhance shareholder value. The Board and management remain fully confident in 374Water’s long term prospects and view this measure as one of several steps to strengthen the Company and position it for further growth.

“Steps taken to drive these recent gains have included recent open-market stock purchases by Company insiders, including Board members and senior management. A recently announced Minimum Equity Ownership Policy for Board of Directors further aligns the Board and shareholder interests. New leadership including myself and Jim Siccardi as Senior Vice President of Investor Relations, is designed to improve our communication with shareholders and investors regarding the commercialization of our AirSCWO technology and progress of the business. We have also fortified our balance sheet, including an at-the-market facility which resulted in gross proceeds of approximately $7.0 million over the last few weeks, which has helped to extend our cash runway into the second quarter of 2026.

“Operationally, we have made significant strides recently, including the continued development of our AirSCWO technology and Waste Destruction Services (“WDS”) business as our scalable solution to eliminate PFAS, hazardous, and non-hazardous wastes. Taken together, we remain confident in the future of 374Water and are grateful for the continued support of our shareholders,” concluded Jones.

The company will hold a conference call on Wednesday, November 12th 2025 at 4:30 p.m. Eastern time to discuss its results for the third quarter ended September 30, 2025 and additional progress of the business. For additional information regarding the Company’s Special Meeting of Stockholders, please see the Company’s Preliminary Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission (the “SEC’”) on October 24, 2025.

About 374Water

374Water Inc. (NASDAQ: SCWO) is a global industrial technology and services company providing innovative solutions addressing wastewater treatment and waste management issues within the industrial, municipal, and federal markets. 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of non-hazardous and hazardous organic wastes, producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water's AirSCWO technology has the potential to assist its customers to meet discharge requirements, reduce or eliminate disposal costs, remove bottlenecks, and reduce litigation and other risks. 374Water continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants. Learn more by visiting www.374water.com and follow us on LinkedIn.

Cautionary Language on Forward-Looking Statements

Certain statements in this communication are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or our future financial performance, including statements relating to whether 374Water will be able to maintain its Nasdaq listing, whether 374Water will be able to broaden its institutional shareholder base, provide increased liquidity, and further enhance shareholder value, and 374Water’s ability to destroy PFAS and other waste streams at scale, and 374Water’s future prospects and involve known and unknown risks, uncertainties, and other factors that may cause 374Water’s actual results, levels of activity, performance, or 374Water’s achievements or those of its industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements may be identified by the use of words like "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "project," "consider," "predict," "potential," "feel," or other comparable terminology. 374Water has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While 374Water believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the 374Water’s control. These and other important factors, including those discussed under "Risk Factors" and elsewhere in 374Water’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, in 374Water’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 and in 374Water’s Preliminary Proxy Statement on Schedule 14A filed with the SEC on October 24, 2025, as well as 374Water’s subsequent filings with the SEC, may cause actual results, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, 374Water disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investor Relations and Media Contact
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
[email protected]
www.mzgroup.us

Important Stockholder Information

On October 24, 2025, the Company filed a preliminary proxy statement with the SEC in connection with its solicitation of proxies for its 2025 Special Meeting. THE COMPANY’S STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT, THE ACCOMPANYING PROXY CARD, AND ANY AMENDMENTS AND SUPPLEMENTS TO THESE DOCUMENTS WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE SPECIAL MEETING AND THE PROPOSALS FOR WHICH THE COMPANY IS SEEKING STOCKHOLDER APPROVAL. Stockholders may obtain the proxy statement, any amendments or supplements to the proxy statement, and other documents as and when filed by the Company with the SEC without charge from the SEC’s website at www.sec.gov. and from the Company by following the instructions included in the preliminary proxy statement and the definitive proxy statement when available.

Participant Information

The Company, its directors, certain of its officers, and other employees are or will be “participants” (as defined in Section 14(a) of the U.S. Securities Exchange Act of 1934, as amended), including through this communication, in the solicitation of proxies from the Company’s stockholders in connection with the matters to be considered at the 2025 Special Meeting. The identity, their direct or indirect interests (by security holdings or otherwise), and other information relating to the participants is available in the Company’s preliminary proxy statement on Schedule 14A filed with the SEC on October 24, 2025, in the section entitled “SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT”. All these documents are or will be available free of charge at the SEC’s website at www.sec.gov.

NEW YORK, Oct. 24, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fly-E Group, Inc. (NASDAQ: FLYE) between July 15, 2025 and August 14, 2025, both dates inclusive (the “Class Period”), of the important November 10, 2025 lead plaintiff deadline.

SO WHAT: If you purchased Fly-E securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Fly-E class action, go to https://rosenlegal.com/submit-form/?case_id=44575 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the safety of Fly-E’s lithium battery which in turn took a material toll on its E-vehicle sales revenue, despite making lofty long-term projections, Fly-E’s forecasting processes fell short as sales continued to decline and operating expenses increased, ultimately, derailing Fly-E’s revenue projections. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Fly-E class action, go to https://rosenlegal.com/submit-form/?case_id=44575 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

-------------------------------

Contact Information:

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

Quantum stocks were volatile and in the spotlight following reports that the Trump administration may be interested in investing in the sector. 

Here's a look at what happened this week in quantum computing. 

RGTI stock is climbing. See the real-time price action here. 
Quantum stocks sold off with broader markets early in the week. A Reuters report released Wednesday that the U.S. is considering new curbs on exports of technology utilizing U.S. software to China, strengthened the sell-off.  

Read Next: Latest Beyond Meat Short-Seller? Martin Shkreli, Of Course

Relief came Wednesday evening when the Wall Street Journal reported that several quantum companies including IonQ Inc. (NYSE:IONQ), Rigetti Computing, Inc. (NASDAQ:RGTI) and D-Wave Quantum, Inc. (NYSE:QBTS) are in discussions with the U.S. government that could see Washington become a shareholder in exchange for financial support. 

Funding awards are expected to start at $10 million each. Other firms, such as Quantum Computing Inc. (NASDAQ:QUBT) and Atom Computing, are reportedly considering similar arrangements.

Quantum stocks ran up on Thursday following the report, but they had a lot of ground to make up from the dive earlier in the week. 

SEALSQ – LAES SEALSQ Corp. (NASDAQ:LAES) unveiled its Quantum Shield QS7001, the first secure chip to embed NIST-standardized post-quantum cryptography algorithms directly at the hardware level.

SEALSQ also surpassed and sustained a $1 billion market cap and confirmed that its stock will begin trading on the Nasdaq Global Select Market on Oct. 27.

Read Next: Elon Musk Says Head Of NASA Has ‘2 Digit IQ’ — SpaceX’s Moon Deal Hangs In Balance

"This achievement, along with reaching the $1 billion market capitalization milestone, demonstrates growing recognition of SEALSQ's role as a trusted enabler of digital trust and security in an increasingly connected and post-quantum world," said Carlos Moreira, CEO of SEALSQ. 

LAES stock closed 22.55% higher on Friday, according to Benzinga Pro. 

On Tuesday, IonQ claimed it achieved 99.99% two-qubit gate fidelity, highlighting the achievement as a new global benchmark in computational accuracy and scalability.

The result surpasses the previous 99.97% record set in 2024 by Oxford Ionics, which IonQ acquired earlier this year.

IonQ stock fared better than most of its peers and closed Friday down by only 4% over the past five days, according to Benzinga Pro.

D-Wave Quantum – QBTS, Quantum Computing – QUBT, Rigetti – RGTI D-Wave Quantum shares were down 15% on the week, and Rigetti shares ended the week down by 16%. 

Quantum Computing shares closed Friday down by nearly 14% over the past five days. 

Read Next: 

Rigetti, D-Wave, IonQ Could Get JPMorgan’s Support—Quantum Stocks Take Off
Photo: Shutterstock

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