Market Signal Briefing

TLDR:

A whale with a flawless record just opened a $131.8M Ethereum long, fueling talk of a strong market rally.
Technical charts suggest Ethereum’s wave five could push prices toward $5,940 and possibly $7,400.
Ethereum trades near $3,969 after holding major support, reinforcing a bullish structure across timeframes.
High liquidity above $4,200 could ignite Ethereum’s next breakout phase.

Ethereum is back in the spotlight. A major whale just opened a $131.8 million long position, stirring talk of a major move. The trader, known for an unbroken record of profitable trades, has made $16 million in just two weeks. 

Analysts are now watching for a potential wave five push that could send prices far higher. With technicals aligning and market sentiment shifting, investors are wondering whether a massive Ethereum rally is on the horizon.

Whale Bets and Technical Signals Point Toward Higher Ethereum Price
Crypto analyst Ash Crypto reported that a trader with a perfect track record has gone long on $ETH for $131.8 million. 

The whale with 100% win rate has now opened a $131.8 million $ETH long position.

In just 2 weeks, this trader has made $16 million in profits.

He definitely knows a pump is coming. pic.twitter.com/afcWvDqTfZ

— Ash Crypto (@Ashcryptoreal) October 24, 2025

This move comes as Ethereum holds near $3,969, marking a 5% gain in the past week, according to CoinGecko. The position suggests high confidence that the market could be gearing up for a strong upward move.

Stockmoney Lizards shared that ETH’s current price behavior mirrors a classic five-wave impulse pattern. 

The correction phase, labeled wave four, is viewed as a normal pause before wave five resumes the uptrend. Based on Fibonacci Extensions, analysts are targeting $5,940, with a possible extension toward $7,400 if momentum builds.

Source: X
Market watchers say a shallow correction would keep the structure intact. If prices hold above the current base, bulls could regain control quickly. The chart still favors the upside, provided no sharp breakdown occurs below the recent low.

Traders Eye $6,000 Target as Ethereum Breaks Key Levels
Market technician Michael Ceasar stated that Ethereum has cleared major resistance on the three-month chart, confirming a bullish setup. 

He noted that when resistance becomes support, it often marks the start of a strong continuation move. Ceasar’s analysis points to $6,200 as the next target if momentum persists.

$ETH to $6,200 🧵

After hitting a new all-time high in August, $ETH shows strong momentum toward $6,200.

On the 3-month chart, $ETH has successfully broken through a key resistance level, retested it, and now signals a clear bullish setup.

Let’s break it down, Top-Down… pic.twitter.com/UKY9NWAAjG

— Michael Ceasar (@ChartGenius17) October 24, 2025

On the weekly timeframe, Ethereum’s price action shows it retesting the breakout area. Holding above this level is crucial, as a breakdown could invalidate the bullish structure. The daily chart, however, continues to show a supportive setup with a visible trendline and strong demand zone.

In shorter timeframes, a triple bottom has formed, suggesting the retracement phase may be ending. A confirmed breakout above local resistance could trigger a new wave of buying. 

According to Ted, a crypto trader on X, liquidity clusters above $4,200 may lead to short squeezes if buying pressure increases. Many traders turned bearish earlier this month, but sentiment could shift quickly if Ethereum breaks key resistance levels.

Source: X

TAO price today jumped 6% to trade near $395, lifting its market cap to $4 billion. The surge followed the unveiling of a working demo of Bittensor’s Novelty Search: SN50 Synth, which is a Predictive Intelligence in Financial Markets, sparking fresh enthusiasm for its real-world AI use cases and rising developer traction.

Bittensor’s Novelty Search Pushes Speculative InterestThe latest Bittensor video demonstration on X showcased the protocol’s evolving AI capabilities within predictive finance. This development fueled buying momentum as traders interpreted it as a sign of ongoing innovation. 

As a result, the TAO price chart reflected growing optimism, with the asset ecosystem and price gaining strength with growing volume and social activity metrics.

Beyond the short-term price action, the focus has shifted to Bittensor’s broader network utility. Subnets are becoming central to its ecosystem, each delivering unique AI-driven use cases. 

This real-world adoption continues to enhance Bittensor crypto’s value proposition, placing it ahead of several AI-linked blockchain competitors.

Subnets and CEX Listings Drive Ecosystem MomentumDeveloper activity within the Bittensor network has accelerated thanks to its subnet SDK and EVM compatibility. These upgrades make it easier for projects to deploy decentralized AI models. 

One notable example is the Hippius subnet, which was recently listed on a centralized exchange, alongside a 50,000 USDT reward pool announcement, which seems like a move for a deepened market engagement.

Such updates suggest that Bittensor news continues to attract both retail and institutional participants. As subnets evolve into self-sustaining ecosystems, TAO price forecast models indicate growing confidence in long-term scalability.

Grayscale Trust Filing Hints at Institutional ExpansionAdding to the bullish sentiment, Grayscale filed for a Bittensor Trust with the SEC in October 2025. If approved, it could convert TAO into a regulated investment product, opening doors for institutional inflows. This aligns with historical precedents where similar filings increased liquidity and price stability across major digital assets.

The anticipation of this institutional gateway has already started reflecting on the TAO price USD metrics, as investors position themselves early before regulatory clarity strengthens mainstream exposure.

Halving and Technical Breakout Signal a Bigger MoveThe next major catalyst for TAO is its first halving event scheduled for December 2025. Daily issuance will drop from 7,200 to 3,600 TAO, effectively cutting new supply by half. With 70% of total tokens already staked, the reduced emission mirrors Bitcoin’s scarcity model, potentially setting up a post-halving rally.

On the technical front, TAO price has broken out of a descending triangle pattern on the weekly timeframe, flipping previous resistance into support. This setup, paired with rising on-chain activity, hints at a medium-term target of $800, a level that may come into play before year-end if momentum sustains.

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Crypto analyst Remi has made his bull run predictions for coins like XRP, Solana, and Cardano. Despite the price targets being ambitious, the analyst described them as “semi-conservative,” suggesting the coins could rally much higher. 

XRP And Solana To $1,000, And Cardano To $100
In an X post, Remi predicted that XRP and Solana will rally above $1,000 while Cardano will reach $100. He stated that these price targets are based on information, research, and historical performance. The analyst also made predictions for HBAR, XLM, ONDO, LINK, XDC, and QNT, all of which he expects to record astronomical gains. 

Interestingly, the analyst stated that these were semi-conservative targets for XRP, Solana, and Cardano and that he personally thinks they could rally higher. He added that these targets might not even come close to his expectations and that they are simply based on utility and a super cycle without any black swan events. 

Remi also advised investors not to make the same mistake he made during his first bull run by leaving profits on the table in hopes that coins like XRP, Solana, and Cardano will go higher. He told them not to be greedy and take profits at different intervals. The analyst added that they should not wait for the high numbers because they might not happen for various reasons. 

Furthermore, the crypto analyst advised investors on custody, urging them to secure their XRP, Solana, and Cardano in a cold wallet. He explained that crypto exchanges are “in it to win it” and are not here for the customers. Meanwhile, the analyst didn’t mention what utility could spark these runs for these coins. 

However, it is worth noting that XRP, Solana, and Cardano are all set to have their spot ETFs, although it remains to be seen how high these coins could reach on the back of these institutional inflows. 

Why the Price Targets Are Not “Crazy”
Remi admitted that the price targets for XRP, Solana, and Cardano may seem crazy, but assured that they are not. He explained that the market cycle is now 5 years instead of 4, indicating that “huge numbers are coming.” He noted that these big numbers will coincide with the voting season. 

This is why he thinks there will be a super cycle that runs into the fourth quarter of next year. He told XRP, Solana, and Cardano holders to be mindful of the winter Olympics next year, in February, warning that any major attack during the event would disrupt the cycle. As such, he remarked that it may be wise to take a little profit early on before the event. Notably, experts like Bitwise CIO Matt Hougan have also stated that the four-year cycle is likely over, predicting that the bull run could extend.

XRP trading at $2.4 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Peakpx, chart from Tradingview.com

, /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the third quarter of 2025.

Third Quarter 2025 Highlights

Net income increased 48.8% for the third quarter of 2025 to $2.7 million, or $0.33 per diluted share, compared to $1.8 million, or $0.22 per diluted share, for the third quarter of 2024. For the nine months ended September 30, 2025, net income totaled $8.0 million, or $0.96 per diluted share, compared to $5.0 million, or $0.61 per diluted share for the same period in 2024. Operating earnings (Non-GAAP) increased 39.2% for the third quarter of 2025 to $2.7 million, or $0.33 per diluted share, compared to $2.0 million, or $0.24 per diluted share, for the third quarter of 2024. For the nine months ended September 30, 2025, operating earnings (Non-GAAP) totaled $6.6 million or $0.79 per diluted share, compared to $5.1 million, or $0.63 per diluted share, for the comparable period of 2024.
Book value per share increased $1.44, or 14.4%, from $9.98 per share at September 30, 2024, to $11.42 per share at September 30, 2025. Tangible book value per share (Non-GAAP) increased $1.44, or 14.6%, from $9.89 per share at September 30, 2024, to $11.33 per share at September 30, 2025.
Net interest income for the third quarter of 2025 was $9.5 million, which represents an increase of $1.3 million, or 16.7%, compared to the same quarter one year ago. Compared to the second quarter of 2025, the increase was $344,000, or 3.8%.
Net interest margin increased during the third quarter of 2025 to 3.66%, compared to 3.53% in the second quarter of 2025, and increased 39 basis points compared to the third quarter of 2024.
The third quarter of 2025 efficiency ratio improved to 69.61% down from 76.90% one year ago. The adjusted efficiency ratio (Non-GAAP) improved from 72.82% in the third quarter of 2024 to 69.61% in the third quarter of 2025.
Total loans held for investment decreased $4.8 million, or 2.4% annualized, to $780.0 million at September 30, 2025, from $784.7 million at June 30, 2025. This decrease was the result of the decline in the loan portfolio associated with the North Carolina branches (deposits and locations sold in the second quarter of 2025), which totaled approximately $9.8 million.
Total deposits increased $9.0 million, or 3.8% annualized, to $959.3 million at September 30, 2025, from $950.3 million at June 30, 2025.
Asset quality remains strong. Nonperforming assets increased to $369 thousand, or 0.03% of total assets at September 30, 2025, compared to $205 thousand, or 0.02% of total assets at June 30, 2025. This increase was related to one mortgage loan that is fully collateralized.
In June 2025, the Company's Board approved a stock repurchase program authorizing the purchase of up to $3.0 million of outstanding common stock through expiration of the program on June 30, 2026. The repurchase program does not obligate the Company to purchase any particular number of shares and may be modified or terminated by the Company's Board of Directors at any time. During the third quarter of 2025, the Company repurchased 122,316 shares at a weighted-average cost per share of $9.71.

Rick Saunders, Chief Executive Officer, commented, "Operating earnings per share improved 22%, in the third quarter of 2025, from the second quarter of 2025.  Our net interest margin increased 13 basis points and our adjusted efficiency ratio improved to 69.6%.  Tangible book value per share grew by $1.44 per share over the past year to $11.33, an increase of 14.6%.  We grew deposit balances by $9.0 million, or 3.8% annualized.  Loan growth remained muted in the third quarter of 2025, primarily from the loans paid down and paid off associated with the sale of the North Carolina branches.  Credit quality remains strong with low nonperforming assets and low net charge offs.  Our return on average tangible equity was 10.83% thus far in 2025, excluding nonrecurring items.  Our bankers and teams are executing high quality service for our customers through relationship banking throughout our markets in South Carolina."  

Financial Summary

Three Months Ended

Nine Months Ended

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

Sep 30

Sep 30

($ in thousands, except per share data)

2025

2025

2025

2024

2024

2025

2024

Earnings:

Net income available to common shareholders

$  2,714

$  3,653

$  1,613

$    918

$  1,825

$  7,980

$  5,005

Operating earnings (Non-GAAP)

2,714

2,248

1,665

1,698

1,950

6,627

5,130

Earnings per common share, diluted (GAAP)

0.33

0.44

0.19

0.11

0.22

0.96

0.61

Operating earnings per common share, diluted (Non-GAAP)

0.33

0.27

0.20

0.21

0.24

0.79

0.63

Total revenue(1)

12,238

13,920

11,158

9,809

9,855

37,316

29,771

Net interest margin

3.66 %

3.53 %

3.49 %

3.38 %

3.27 %

3.58 %

3.20 %

Return on average assets(2)

0.99 %

1.32 %

0.59 %

0.35 %

0.69 %

0.97 %

0.65 %

Return on average assets - Operating Non-GAAP(2)

0.99 %

0.81 %

0.61 %

0.64 %

0.74 %

0.81 %

0.66 %

Return on average equity(2)

12.55 %

17.84 %

8.15 %

4.66 %

9.60 %

12.93 %

9.16 %

Return on average equity - Operating Non-GAAP(2)

12.55 %

10.98 %

8.41 %

8.62 %

10.26 %

10.74 %

9.39 %

Efficiency ratio(3)

69.61 %

64.61 %

75.52 %

86.42 %

76.90 %

69.51 %

77.67 %

Adjusted efficiency ratio - Non-GAAP(3)

69.61 %

74.03 %

75.04 %

78.29 %

75.66 %

72.82 %

77.25 %

As of

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

($ in thousands)

2025

2025

2025

2024

2024

Balance Sheet:

Total assets

$  1,097,846

$  1,102,203

$  1,097,389

$  1,067,104

$  1,071,480

Total loans receivable

779,997

784,749

784,469

753,738

739,219

Total deposits

959,300

950,339

978,667

951,411

951,948

Total transaction deposits(4) to total deposits

40.68 %

39.50 %

39.46 %

38.64 %

38.82 %

Loans to deposits

81.31 %

82.58 %

80.16 %

79.22 %

77.65 %

Bank Capital Ratios:

Total risk-based capital ratio

13.58 %

12.88 %

12.99 %

13.48 %

13.56 %

Tier 1 risk-based capital ratio

12.48 %

11.84 %

11.92 %

12.43 %

12.51 %

Tier 1 leverage ratio

9.94 %

9.74 %

9.80 %

9.96 %

9.87 %

Common equity tier 1 capital ratio

12.48 %

11.84 %

11.92 %

12.43 %

12.51 %

Asset Quality Ratios:

Nonperforming assets as a percentage of
   total assets

0.03 %

0.02 %

0.09 %

0.11 %

0.09 %

Allowance for credit losses as a percentage
of total loans receivable

1.12 %

1.09 %

1.10 %

1.12 %

1.13 %

Annualized net charge-offs as a percentage
of average total loan receivables

0.02 %

0.03 %

0.08 %

0.00 %

0.03 %

CONDENSED CONSOLIDATED INCOME STATEMENTS – Unaudited

Three Months Ended

Nine Months Ended

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

Sep 30

($ in thousands, except per share data)

2025

2025

2025

2024

2024

2025

2024

Interest income

Loans

$    11,842

$    11,657

$    11,293

$    11,053

$    10,930

$    34,792

$    31,761

Investment securities

2,300

2,145

2,166

2,015

1,969

6,611

5,816

Other interest income

323

505

318

512

623

1,146

1,333

Total interest income

14,465

14,307

13,777

13,580

13,522

42,549

38,910

Interest expense

Deposits

4,536

4,703

4,468

4,613

4,833

13,707

13,817

Other interest expense

476

495

544

564

585

1,515

2,115

Total interest expense

5,012

5,198

5,012

5,177

5,418

15,222

15,932

Net interest income

9,453

9,109

8,765

8,403

8,104

27,327

22,978

Provision for credit (recovery of) losses

90

88

707

141

(83)

885

179

Net interest income after provision for credit losses

9,363

9,021

8,058

8,262

8,187

26,442

22,799

Noninterest income

Mortgage banking income

1,577

1,586

1,351

1,207

805

4,514

3,596

Service fees on deposit accounts

412

299

319

327

327

1,030

970

Debit card and other service charges,
   commissions, and fees

531

543

529

550

528

1,603

1,615

Income from bank owned life insurance

108

104

102

108

105

314

310

Loss on sale of securities, net

-

-

(182)

(146)

(162)

(182)

(162)

Gain on sale of branches

-

2,313

-

-

-

2,313

-

Gain on early extinguishment of debt

-

-

140

-

-

140

-

Gain (loss) on disposal /write down of fixed assets

-

(200)

-

(838)

-

(200)

20

Other income

157

166

134

198

148

457

444

Total noninterest income

2,785

4,811

2,393

1,406

1,751

9,989

6,793

Noninterest expense

Compensation and benefits

5,431

5,574

5,281

5,028

4,682

16,286

14,253

Occupancy and equipment

736

770

791

890

848

2,297

2,526

Data processing, technology, and communications

1,061

1,143

1,156

1,184

994

3,360

3,152

Professional fees

195

248

153

268

265

596

471

Marketing

155

175

123

103

66

453

328

Other

941

1,083

923

1,003

723

2,947

2,393

Total noninterest expense

8,519

8,993

8,427

8,476

7,578

25,939

23,123

Income before provision for income taxes

3,629

4,839

2,024

1,192

2,360

10,492

6,469

Income tax expense

915

1,186

411

273

535

2,512

1,464

Net income available to common shareholders

$      2,714

$      3,653

$      1,613

$         919

$      1,825

$      7,980

$      5,005

Addback loss on fixed assets, net of tax

-

151

-

646

-

151

-

Subtract gain on sale of branches, net of tax

-

(1,746)

-

-

-

(1,746)

-

Subtract gain on early extinguishment of debt, net of tax

-

-

(111)

-

-

(111)

-

Addback expenses related to branch sale, net of tax

-

190

18

21

-

208

-

Addback securities losses, net of tax

-

-

145

113

125

145

125

Operating net income (non-GAAP)

2,714

2,248

1,665

1,699

1,950

6,627

5,130

Weighted average common shares - basic

7,902

7,892

7,868

7,851

7,847

7,887

7,845

Weighted average common shares - diluted

8,349

8,350

8,331

8,274

8,221

8,344

8,255

Basic net income per common share*

$        0.34

$        0.46

$        0.21

$        0.21

$        0.23

$        1.01

$        0.64

Diluted net income per common share*

$        0.33

$        0.44

$        0.19

$        0.11

$        0.22

$        0.96

$        0.61

Operating basic net income per common share (non-GAAP)*

$        0.34

$        0.28

$        0.21

$        0.22

$        0.25

$        0.84

$        0.66

Operating diluted net income per common share (non-GAAP)*

$        0.33

$        0.27

$        0.20

$        0.21

$        0.24

$        0.79

$        0.63

*Note that the sum of the quarter may not equal the YTD result due to rounding of earnings per share each quarter, given the weighted average shares outstanding basic and diluted.

Footnotes to table located at the end of this release.

Net income for the three months ended September 30, 2025, was $2.7 million, or $0.33 per diluted common share, compared to $1.8 million, or $0.22 per diluted common share, for the three months ended September 30, 2024.  Operating net income (Non-GAAP), for the three months ended September 30, 2025, was $2.7 million, or $0.33 per diluted common share, compared to $2.0 million, or $0.24 per diluted common share for the three months ended September 30, 2024.  Net income for the nine months ended September 30, 2025, totaled $8.0 million, or $0.96 per diluted common share, compared to $5.0 million, or $0.61 per diluted common share for the comparable period of 2024.  On an operating basis, diluted EPS (Non-GAAP) was $0.79 per diluted common share, for the nine months ended September 30, 2025, which includes adding back the impact of securities losses, net of tax, the impact of fixed asset write downs, net of tax, and the impact of expenses related to the branch sales, net of tax, offset by subtracting the gain recognized on the sale of branches, net of tax and the gain from the early extinguishment of debt, net of tax, compared to $0.63 per diluted common share, for the nine months ended September 30, 2024.

Noninterest income, for the three months ended September 30, 2025, was $2.8 million, an increase of $1.0 million from $1.8 million for the same period in 2024.  Noninterest income was primarily driven by mortgage banking income and totaled $1.6 million in the third quarter of 2025 compared to $805 thousand in the third quarter of 2024.  In addition, all of the other categories of noninterest income increased. 

For the nine months ended September 30, 2025, noninterest income increased by $3.2 million, driven by improved mortgage banking income of $918 thousand, gain on sale of branches of $2.3 million, and gain on the early extinguishment of debt of $140 thousand.  These improvements were partially offset by the write down of fixed assets of $200 thousand, compared to a $20 thousand gain in the same period of 2024.

Noninterest expense, for the three months ended September 30, 2025, was $8.5 million, an increase of $941 thousand from $7.6 million for the same period in 2024.  This increase in expense was primarily driven by an increase in compensation and benefits of $749 thousand due primarily to mortgage commissions, salaries and stock compensation expense, and $218 thousand in other expense primarily associated with costs related ATM and debit card losses, a contract cancellation and receipt of lawsuit settlement in 2024. 

Noninterest expense, for the nine months ended September 30, 2025, was $25.9 million and increased $2.8 million from the same period in 2024.  This increase in noninterest expense was primarily related to compensation and benefits of $2.0 million attributable to salaries, mortgage commissions and stock compensation expense, an increase in professional fees of $125 thousand related to audit expense associated with FDICIA compliance, an increase in marketing of $125 thousand, and $554 thousand increase in other expense, which includes $336 thousand associated with costs related to the sale of the two branches in North Carolina.      

There were no operating adjustments in 3Q 2025.

Operating adjustments – 2Q 2025

During the second quarter of 2025, the Company sold the two North Carolina locations to Carter Bank from Virginia.  This sale resulted in a gain of $2.3 million on the deposits assumed by Carter Bank, before expenses.  Expenses directly related to the branches sold totaled $252 thousand in the second quarter of 2025.  Operating net income reflects the removal of these two items.  Total deposits assumed by Carter Bank were $55.9 million.  No loans were acquired in this transaction by Carter Bank.

Additionally, the Company wrote down a parcel of land in North Charleston by $200 thousand.  This parcel remains for sale.  Operating net income reflects the add back of this item, net of tax, totaling $151 thousand.

Operating adjustments - 1Q 2025

During the first quarter of 2025, the Company recorded the following non-recurring transactions:

Paid off subordinated indebtedness of $1.0 million with $860 thousand, resulting in a pre-tax gain of $140 thousand,
Recorded pre-tax securities losses of $182 thousand, and
Recorded pre-tax branch disposal related costs of $23 thousand.

NET INTEREST INCOME AND MARGIN – Unaudited - QTD

For the Three Months Ended

September 30, 2025

June 30, 2025

September 30, 2024

Average

Income/

Yield/

Average

Income/

Yield/

Average

Income/

Yield/

($ in thousands)

Balance

Expense

Rate

Balance

Expense

Rate

Balance

Expense

Rate

Assets

Interest-earning assets

Federal funds sold and interest-
bearing deposits

$        35,237

$       296

3.33 %

$        46,216

$      478

4.15 %

$        50,030

$      588

4.68 %

Investment securities

193,519

2,300

4.72 %

186,573

2,145

4.61 %

173,728

1,969

4.51 %

Nonmarketable equity securities

1,795

26

5.84 %

1,665

28

6.65 %

1,509

35

9.19 %

Loans held for sale

12,381

301

9.65 %

16,269

353

8.70 %

21,629

347

6.38 %

Loans

780,426

11,541

5.87 %

783,489

11,304

5.79 %

737,666

10,583

5.71 %

Total interest-earning assets

1,023,358

14,465

5.61 %

1,034,212

14,307

5.55 %

984,562

13,522

5.46 %

Allowance for credit losses

(8,508)

(8,652)

(8,491)

Noninterest-earning assets

80,739

80,987

78,402

Total assets

$   1,095,588

$   1,106,547

$   1,054,473

Liabilities and Shareholders' Equity

Interest-bearing liabilities

NOW accounts

$      123,107

$       230

0.74 %

$      158,726

$      242

0.61 %

$      138,726

$      236

0.68 %

Savings & money market

410,051

2,893

2.80 %

435,548

3,127

2.88 %

384,155

2,941

3.05 %

Time deposits

168,116

1,413

3.33 %

158,378

1,334

3.38 %

175,921

1,656

3.74 %

     Total interest-bearing deposits

701,274

4,536

2.57 %

752,652

4,703

2.51 %

698,802

4,833

2.75 %

FHLB advances and other borrowings

20,652

217

4.17 %

17,913

191

4.29 %

15,979

226

5.63 %

Subordinated debentures

19,775

259

5.19 %

23,228

304

5.25 %

25,743

359

5.55 %

Total interest-bearing
liabilities

741,701

5,012

2.68 %

793,793

5,198

2.63 %

740,524

5,418

2.91 %

Noninterest bearing deposits

253,702

217,979

224,121

Other liabilities

13,666

12,885

13,807

Shareholders' equity

86,519

81,890

76,021

Total liabilities and
shareholders' equity

$   1,095,588

$   1,106,547

$   1,054,473

Net interest income (tax equivalent) / interest
  rate spread

$    9,453

2.93 %

$   9,109

2.92 %

$   8,104

2.55 %

Net Interest Margin

3.66 %

3.53 %

3.27 %

Cost of funds, including
noninterest-bearing deposits

2.00 %

2.06 %

2.23 %

Net interest income, for the three months ended September 30, 2025, was $9.5 million compared to $8.1 million for the three months ended September 30, 2024.  This increase was the result of an increase in interest income of $943 thousand and a decrease in interest expense of $406 thousand.  This resulted in an improved net interest margin to 3.66% from 3.27% one year ago.  Loans and securities had the largest gains in income and in yields compared to the prior year, partially offset by interest- bearing cash and fed funds sold and nonmarketable equity securities.  While lower yields in all categories of interest-bearing liabilities, except NOW accounts, contributed to the improved net interest margin.  In addition, the total cost of funds, including noninterest-bearing deposits, decreased to 2.00% in the third quarter of 2025, compared to 2.23% in the third quarter of 2024.  

NET INTEREST INCOME AND MARGIN – Unaudited - YTD 

For the Nine Months Ended

September 30, 2025

September 30, 2024

Average

Income/

Yield/

Average

Income/

Yield/

(dollars in thousands)

Balance

Expense

Rate

Balance

Expense

Rate

Assets

Interest-earning assets

Federal funds sold and interest-bearing deposits

$        37,905

$     1,066

3.76 %

$        36,339

$     1,233

4.53 %

Investment securities

186,815

6,611

4.73 %

170,643

5,816

4.55 %

Nonmarketable equity securities

1,716

80

6.24 %

1,897

100

7.02 %

Loans held for sale

16,065

1,018

8.47 %

20,563

1,047

6.80 %

Loans

777,837

33,774

5.81 %

728,337

30,714

5.63 %

Total interest-earning assets

1,020,339

42,549

5.58 %

957,779

38,910

5.43 %

Allowance for credit losses

(8,564)

(8,464)

Noninterest-earning assets

80,756

79,272

Total assets

$   1,092,531

$   1,028,587

Liabilities and Shareholders' Equity

Interest-bearing liabilities

NOW accounts

$      142,638

$        702

0.66 %

$      140,904

$        774

0.73 %

Savings & money market

421,621

8,892

2.82 %

362,942

8,097

2.98 %

Time deposits

161,259

4,113

3.41 %

176,586

4,946

3.74 %

Total interest-bearing deposits

725,518

13,707

2.53 %

680,432

13,817

2.71 %

FHLB advances and other borrowings

19,407

622

4.28 %

24,322

1,019

5.59 %

Subordinated debentures

22,649

893

5.27 %

25,735

1,096

5.69 %

Total interest-bearing liabilities

767,574

15,222

2.65 %

730,489

15,932

2.91 %

Noninterest bearing deposits

229,737

211,620

Other liabilities

12,922

13,639

Shareholders' equity

82,298

72,839

Total liabilities and shareholders' equity

$   1,092,531

$   1,028,587

Net interest income (tax equivalent) / interest
  rate spread

$   27,327

2.93 %

$   22,978

2.52 %

Net Interest Margin

3.58 %

3.20 %

Cost of funds, including noninterest bearing deposits

2.04 %

2.26 %

Net interest income for the nine months ended September 30, 2025, totaled $27.3 million compared to $23.0 million for the nine months ended September 30, 2024, an increase of $4.3 million.  The net interest margin was 3.58% for the first nine months of 2025 compared to 3.20% for the same period in 2024.  The yield on interest-earning assets improved by 14 basis points to 5.57%, led by loans and investment securities.  Yields on all interest-bearing liabilities have also declined in all categories, with total yield on interest-bearing liabilities declining by 26 basis points.  The total cost of funds, including noninterest-bearing deposits was 2.04% compared to 2.26% in 2024.

CONDENSED  CONSOLIDATED BALANCE SHEETS – Unaudited

As of

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

($ in thousands)

2025

2025

2025

2024

2024

Assets

Cash and cash equivalents:

Cash and due from banks

$          5,072

$          4,066

$          5,011

$          4,604

$          4,730

Interest-bearing deposits with banks

26,695

29,487

32,922

42,623

61,934

Total cash and cash equivalents

31,767

33,553

37,933

47,227

66,664

Investment securities:

Investment securities available for sale

199,674

194,136

181,596

175,846

177,641

Other investments

1,527

2,497

950

886

883

Total investment securities

201,201

196,633

182,546

176,732

178,524

Mortgage loans held for sale

13,336

14,944

22,424

20,974

19,929

Loans receivable:

Loans

779,997

784,749

784,469

753,738

739,219

Less allowance for credit losses

(8,741)

(8,535)

(8,654)

(8,434)

(8,317)

Loans receivable, net

771,256

776,214

775,815

745,304

730,902

Property and equipment, net

23,313

22,469

21,987

21,353

21,861

Mortgage servicing rights

14,421

14,093

13,614

13,410

12,690

Bank owned life insurance

18,922

18,815

18,710

18,608

18,501

Deferred income taxes

6,221

6,510

6,938

7,709

6,292

Other assets

17,409

18,972

17,422

15,787

16,117

Total assets

1,097,846

1,102,203

1,097,389

1,067,104

1,071,480

Liabilities

Deposits

$      959,300

$      950,339

$      978,667

$      951,411

$      951,948

Federal Home Loan Bank advances

15,000

32,500

-

-

-

Federal funds and repurchase agreements

-

207

-

-

-

Subordinated debentures

9,469

9,461

14,453

15,444

15,436

Junior subordinated debentures

10,310

10,310

10,310

10,310

10,310

Reserve for unfunded commitments

767

925

771

428

410

Other liabilities

13,498

12,560

11,972

11,755

12,866

Total liabilities

1,008,344

1,016,302

1,016,173

989,348

990,970

Shareholders' equity

Preferred stock - Series D non-cumulative, no par
  value

1

1

1

1

1

Common Stock - $.01 par value; 20,000,000 shares
  authorized

88

88

88

88

88

Treasury stock, at cost

(7,883)

(6,654)

(6,458)

(5,699)

(5,285)

Nonvested restricted stock

(2,359)

(2,536)

(2,566)

(2,340)

(2,444)

Additional paid-in capital

56,931

56,708

56,408

55,789

55,763

Retained earnings

47,652

44,937

41,284

39,671

38,753

Accumulated other comprehensive loss

(4,928)

(6,643)

(7,541)

(9,754)

(6,366)

Total shareholders' equity

89,502

85,901

81,216

77,756

80,510

Total liabilities and shareholders' equity

$   1,097,846

$   1,102,203

$   1,097,389

$   1,067,104

$   1,071,480

First Reliance cash and cash equivalents totaled $31.8 million at September 30, 2025, compared to $33.6 million at June 30, 2025.  Cash with the Federal Reserve Bank totaled $26.5 million compared to $61.6 million at September 30, 2024.

First Reliance does not have any Held-to-Maturity (HTM) securities for any reported period.  All debt securities were classified as Available-For-Sale (AFS) securities with balances of $199.7 million and $194.1 million, at September 30, 2025 and June 30, 2025, respectively.  The unrealized loss recorded on these securities totaled $6.5 million as of September 30, 2025, compared to $8.8 million at June 30, 2025, a decrease in the unrealized loss during the third quarter of $2.3 million (before taxes).

As of September 30, 2025, deposits increased by $9.0 million, or 3.8% annualized.  During the third quarter, the bank reclassified certain interest-bearing transactional accounts (money market accounts) to non-interest-bearing demand deposit accounts. See the table on page 10 for detail.

The Company had $15.0 million in outstanding borrowings with the Federal Home Loan Bank (FHLB) of Atlanta at September 30, 2025, down from $32.5 million at June 30, 2025.  The Company had remaining credit availability in excess of $304.9 million with the FHLB of Atlanta, subject to collateral requirements.

First Reliance also has access to approximately $23.1 million through the Federal Reserve Bank discount window with posted collateral.  There are currently no borrowings against the Federal Reserve Bank discount window.

COMMON STOCK SUMMARY - Unaudited

As of

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

(shares in thousands)

2025

2025

2025

2024

2024

Voting common shares outstanding

8,794

8,787

8,786

8,764

8,820

Treasury shares outstanding

(954)

(830)

(809)

(731)

(751)

  Total common shares outstanding

7,840

7,957

7,977

8,033

8,069

Book value per common share

$  11.42

$  10.80

$  10.18

$    9.68

$     9.98

Tangible book value per common
share - Non-GAAP(5)

$  11.33

$  10.71

$  10.09

$    9.59

$     9.89

Stock price:

  High

$  10.21

$  10.00

$    9.98

$  10.24

$   10.59

  Low

$    9.36

$    9.00

$    9.35

$    9.16

$     7.60

  Period end

$  10.10

$    9.60

$    9.45

$    9.59

$   10.14

ASSET QUALITY MEASURES – Unaudited

As of

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

($ in thousands)

2025

2025

2025

2024

2024

Nonperforming Assets

Commercial

Owner occupied RE

$            36

$            39

$         42

$        44

$         46

Non-owner occupied RE

-

-

655

646

701

Construction

-

-

-

66

-

Commercial business

38

43

146

328

57

Consumer

Real estate

226

39

40

42

44

Home equity

-

-

-

-

-

Construction

-

-

-

-

-

Other

69

84

50

64

61

Nonaccruing loan modifications

-

-

-

-

-

Total nonaccrual loans

$          369

$          205

$       933

$   1,190

$       909

Other assets repossessed

-

-

-

11

15

Total nonperforming assets

$          369

$          205

$       933

$   1,201

$       924

Nonperforming assets as a percentage of:

Total assets

0.03 %

0.02 %

0.09 %

0.11 %

0.09 %

Total loans receivable

0.05 %

0.03 %

0.12 %

0.16 %

0.12 %

Accruing loan modifications

$          683

$          797

$       369

$      400

$       428

Three Months Ended

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

($ in thousands)

2025

2025

2025

2024

2024

Allowance for Credit Losses

Balance, beginning of period

$       8,535

$       8,654

$    8,434

$   8,317

$    8,498

Loans charged-off

48

110

163

24

69

Recoveries of loans previously charged-off

6

57

19

18

17

Net charge-offs

42

53

144

6

52

Provision for credit (recovery of) losses

248

(66)

364

123

(129)

Balance, end of period

$       8,741

$       8,535

$    8,654

$   8,434

$    8,317

Allowance for credit losses to gross loans
receivable

1.12 %

1.09 %

1.10 %

1.12 %

1.13 %

Allowance for credit losses to nonaccrual loans

2368.83 %

4163.41 %

927.54 %

708.74 %

914.96 %

Asset quality remained strong during the third quarter of 2025, with nonperforming assets increasing to $369 thousand, which represents 0.03% of total assets.   The allowance for credit losses as a percentage of total loans receivable increased to 1.12% at September 30, 2025, compared to 1.09% at June 30, 2025, and 1.12% at December 31, 2024.  The allowance for credit losses increased by a provision for credit losses of $248 thousand and decreased by net charge-offs of $42 thousand, during the third quarter of 2025.  In the third quarter of 2024, the Company experienced net charge-offs of $52 thousand and decreased the ACL with a release of the provision for credit losses of $129 thousand.  The ACL was 1.13% of total loans at September 30, 2024. 

Footnotes to table located at the end of this release.

LOAN COMPOSITION – Unaudited

As of

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

($ in thousands)

2025

2025

2025

2024

2024

Commercial real estate

$  471,002

$  483,278

$  482,201

$  463,301

$  456,775

Consumer real estate

220,767

223,310

216,964

204,303

193,362

Commercial and industrial

71,802

61,255

65,573

65,980

66,561

Consumer and other

16,426

16,906

19,731

20,154

22,521

Total loans, net of deferred fees

779,997

784,749

784,469

753,738

739,219

Less allowance for credit losses

8,741

8,535

8,654

8,434

8,317

Total loans, net

$  771,256

$  776,214

$  775,815

$  745,304

$  730,902

DEPOSIT COMPOSITION – Unaudited

As of

Sep 30

Jun 30

Mar 31

Dec 31

Sep 30

($ in thousands)

2025

2025

2025

2024

2024

Noninterest-bearing

$  292,107

$  219,352

$  224,031

$  227,471

$  219,279

Interest-bearing:

DDA and NOW accounts

98,135

156,062

162,129

140,116

150,312

Money market accounts

360,621

379,078

393,736

381,602

362,834

Savings

38,279

38,995

39,719

40,627

41,184

Time, less than $250,000

126,195

125,607

122,613

120,397

133,940

Time, $250,000 and over

43,963

31,245

36,439

41,198

44,399

Total deposits

$  959,300

$  950,339

$  978,667

$  951,411

$  951,948

Footnotes to tables:

(1)

Total revenue is the sum of net interest income and noninterest income.

(2)

Annualized for the respective period.

(3)

Noninterest expense divided by the sum of net interest income and noninterest income.

(4)

Includes noninterest-bearing and interest-bearing DDA and NOW accounts.

(5)

The tangible book value per share is calculated as total shareholders' equity less intangible assets, divided by period-end outstanding common shares. 

ABOUT FIRST RELIANCE

Founded in 1999, First Reliance Bancshares, Inc. (OTC: FSRL.OB), is based in Florence, South Carolina and has assets of approximately $1.098 billion. The Company employs approximately 166 professionals and has locations throughout South Carolina.  First Reliance has redefined community banking with a commitment to making customers' lives better, its founding principle.  Customers of the Company have given it a 92% customer satisfaction rating, well above the bank industry average of 82%.  First Reliance is also one of two companies throughout South Carolina to receive the Best Places to Work in South Carolina award all 19 years since the program began. We believe that this recognition confirms that our associates are engaged and committed to our brand and the communities we serve. The Company offers a full range of personalized community banking products and services for individuals, small businesses, and corporations.  The Company also offers a full suite of digital banking services, Treasury Services, a Customer Service Guaranty, a Mortgage Service Guaranty, and First Reliance Wealth Strategies.

FORWARD-LOOKING STATEMENTS

Certain statements in this news release contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to future plans and expectations, and are thus prospective.  Such forward-looking statements include, but are not limited to, statements with respect to our plans, objectives, expectations and intentions and other statements that are not historical facts, and other statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," and "projects," as well as similar expressions.  Such statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.  Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate.  Therefore, we can give no assurance that the results contemplated in the forward-looking statements will be realized.  The inclusion of this forward-looking information should not be construed as a representation by the Company or any person that the future events, plans, or expectations contemplated by the Company will be achieved.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements:  (1) competitive pressures among depository and other financial institutions may increase significantly and have an effect on pricing, spending, third-party relationships and revenues; (2) the strength of the United States economy in general and the strength of the local economies in which we conduct operations may be different than expected resulting in, among other things, a deterioration in the credit quality or a reduced demand for credit, including the resultant effect on the Company's loan portfolio and allowance for credit losses; (3) the rate of delinquencies and amounts of charge-offs, the level of allowance for credit loss, the rates of loan growth, or adverse changes in asset quality in our loan portfolio, which may result in increased credit risk-related losses and expenses; (4) the risk that the preliminary financial information reported herein and our current preliminary analysis will be different when our review is finalized; (5) changes in the U.S. legal and regulatory framework including, but not limited to, the Dodd-Frank Act and regulations adopted thereunder; (6) adverse conditions in the stock market, the public debt market and other capital markets (including changes in interest rate conditions) could have a negative impact on the Company, including the value of its MSR asset; (7) the business related to acquisitions may not be integrated successfully or such integration may take longer to accomplish than expected; (8) the expected cost savings and any revenue synergies from acquisitions may not be fully realized within expected timeframes; and (9) disruption from acquisitions may make it more difficult to maintain relationships with clients, associates or suppliers.  Moreover, a trade war or other governmental action related to tariffs or international trade agreements or policies, as well as  other potential epidemics or pandemics, have the potential to negatively impact ours and/or our customers' costs, demand for our customers' products, and/or the U.S. economy or certain sectors thereof and, thus, adversely affect our business, financial condition, and results of operations.  All subsequent written and oral forward-looking statements concerning the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above.  We do not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact:
Robert Haile
SEVP & Chief Financial Officer
(843) 656-5000
[email protected]

SOURCE First Reliance Bancshares, Inc.

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Over 4,500 attendees gathered to witness eXp’s next generation of agent technology, including the launch of Mira, Sports & Entertainment, and the revolutionary AI Accelerator training.

BELLINGHAM, Wash., Oct. 24, 2025 (GLOBE NEWSWIRE) --  eXp Realty®, “the most agent-centric™ real estate brokerage on the planet,” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today concluded eXpcon Miami, its most impactful and future-focused annual conference to date. The event brought over 4,500 attendees together, showcasing the brokerage's unmatched commitment to agent-led education and cutting-edge technology. The conference featured hundreds of eXp agent speakers, reinforcing eXp's collaborative, agent-centric model.

The energy of the three-day event was centered on empowering agents with tools to dominate the next era of real estate, highlighted by several major announcements from the main stage.

“eXpcon Miami was a massive celebration of our culture and our growth mindset,” said Leo Pareja, CEO of eXp Realty. “Seeing thousands of agents, leaders, and partners come together confirmed what we already know: eXp is where the most ambitious professionals come to build a legacy. We’ve not only delivered the most agent-centric training in the industry, but we’ve also laid the groundwork for a generational leap forward with our new technologies and programs.”

Defining the Future of the Agent

Throughout the conference, eXp Realty revealed several game-changing initiatives focused on providing eXp agents with competitive advantages in niche markets, technology, and global expansion:

Mira™ Launch: The unveiling of Mira, eXp Realty’s new cutting-edge AI technology platform, designed to streamline agent operations and elevate client experience.eXp Sports & Entertainment: The official launch of the eXp Sports & Entertainment division within eXp Luxury, defining the elite standard for serving high-profile and influential clients.NeXt Agent AI Accelerator Series: The announcement of the FREE 8-week AI Accelerator Series by eXp University, providing practical automation blueprints from 11 top experts to help agents work smarter, not harder.Global Expansion: Confirmation of new international markets: Netherlands, Luxembourg, and Romania, underscoring eXp's continued commitment to being the most global independent brokerage on the planet.eXpcon 2026: Exciting announcements regarding the locations for all eXpcon 2026 events, including Cape Town, South Africa, Vancouver, Canada, Paris, France and Salt Lake City, U.S.A., promising more world-class event experiences.
“The scale of eXpcon and the quality of the agent-to-agent education we saw on display is simply unmatched in the industry,” added Wendy Forsythe, Chief Marketing Officer of eXp Realty. “When agents are empowered to teach each other, like the hundreds who took the stage, the entire ecosystem wins. We don't just talk about innovation; we empower our agents to lead it, giving them the tools and the training to be the most technologically advanced and globally connected professionals in the business.”

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) (the “Company”) is the holding company for eXp Realty® and SUCCESS® Enterprises. eXp Realty is the largest independent real estate brokerage in the world, with over 82,000 agents across 29 countries. As a cloud-based, agent-centric brokerage, eXp Realty provides real estate agents industry-leading commission splits, revenue share, equity ownership opportunities, and a global network that empowers agents to build thriving businesses. For more information about eXp World Holdings, Inc., visit: expworldholdings.com

SUCCESS® Enterprises, anchored by SUCCESS® magazine, has been a trusted name in personal and professional development since 1897. As part of the eXp ecosystem, it offers agents access to valuable resources to enhance their skills, grow their businesses, and achieve long-term success. For more information about SUCCESS, visit success.com.

Safe Harbor and Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s and its management’s current expectations but involve known and unknown risks and uncertainties that could impact actual results materially. These statements include, but are not limited to, statements regarding the anticipated features, performance, adoption, and impact of Mira, the NeXt Agent AI Accelerator Series, and other technology or training initiatives; the expected growth or benefits of the eXp Sports & Entertainment division and Luxury platform; and the timing and potential impact of future international expansion or event locations. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include changes in market conditions, technology development or adoption rates, the Company’s ability to successfully expand into new international markets, and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. We do not undertake any obligation to update these statements except as required by law.

Media Contact
eXp World Holdings, Inc.
[email protected]

Investor Relations
Denise Garcia
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa34219f-ba2d-47bf-b29b-818b6001b040

, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in LifeMD, Inc. ("LifeMD, Inc." or the "Company") (NASDAQ: LFMD) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of LifeMD, Inc. investors who were adversely affected by alleged securities fraud between May 7, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/lifemd-inc-lawsuit-submission-form?prid=173609&wire=4 

LFMD investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) defendants materially overstated LifeMD's competitive position; (2) defendants were reckless in raising LifeMD's 2025 guidance, considering that they had not properly accounted for rising customer acquisition costs in LifeMD's RexMD segment, as well as for customer acquisition costs related to the sale of drugs designed to treat obesity, including Wegovy and Zepbound; and (3) as a result, defendants' statements about LifeMD's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT'S NEXT? If you suffered a loss in LifeMD, Inc. during the relevant time frame, you have until October 27, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 

SOURCE Levi & Korsinsky, LLP

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, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tronox Holdings plc ("Tronox" or the "Company") (NYSE: TROX) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tronox investors who were adversely affected by alleged securities fraud between February 12, 2025 and July 30, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/tronox-holdings-plc-lawsuit-submission-form?prid=173612&wire=4

TROX investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, defendants 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 true state of Tronox's ability to forecast the demand for its pigment and zircon products or otherwise the true state of its commercial division, despite making lofty long-term projections, Tronox's forecasting processes fell short as sales continued to decline and costs increased, ultimately, derailing the Company's revenue projections.  On July 30, 2025, Tronox announced its financial results for the second quarter of fiscal 2025, revealing a significant reduction in TiO2 sales for the quarter. The Company attributed the decline to "softer than anticipated coatings season and heightened competitive dynamics." As a result of the setback in sales, defendants revised the Company's 2025 financial outlook lowering its full-year revenue guidance and reducing its dividend by 60%.   Following this news, Tronox's common stock declined dramatically. From a closing market price of $5.14 per share on July 30, 2025, Tronox's stock price fell to $3.19 per share on July 31, 2025, a decline of about 38% in the span of just a single day.

WHAT'S NEXT? If you suffered a loss in Tronox during the relevant time frame, you have until November 3, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

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Shenzhen, China, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) (the “Company” or “Lianhe Sowell”), a leading provider of industrial vision and robotics solutions, today announced that its subsidiary Shenzhen Sowell Technology Development Co., Ltd has been officially recognized as one of Shenzhen’s Seventh Batch of “Specialized and Innovative Little Giant” Enterprises by the Ministry of Industry and Information Technology (MIIT) of China.

The “Little Giant” designation represents the highest level of recognition for small and medium-sized enterprises (SMEs) in China that demonstrate outstanding performance in specialization, refinement, innovation, and market leadership. This selection highlights the Company’s technological excellence in AI-powered machine vision, industrial automation, and intelligent manufacturing systems, as well as its contribution to the advancement of China’s high-end equipment sector through continuous innovation.

The official announcement was released by the Shenzhen Municipal Bureau of Small and Medium Enterprises, which published the 2025 list of newly certified and re-evaluated “Little Giant” enterprises. The recognition follows a comprehensive review process conducted by MIIT to identify high-quality SMEs driving innovation and industrial transformation.

“This national-level recognition affirms our long-term strategy of integrating artificial intelligence with precision automation,” said Mr. Yue Zhu, Chief Executive Officer and Director of the Company. “It reflects our growing leadership in industrial vision and our commitment to developing efficient, sustainable, and intelligent solutions that empower global manufacturing clients.”

About Lianhe Sowell International Group Ltd

Lianhe Sowell International Group Ltd (Nasdaq: LHSW) provides industrial vision and industrial robotics solutions. With expertise in the field of machine vision and intelligent equipment, the Company specializes in smart transportation, industrial automation, artificial intelligence, and machine vision. Committed to offering comprehensive intelligent solutions to customers worldwide, the Company continuously advances the intelligent transformation of various industries through technological innovation. For more information, please visit: http://www.sowellrobot.com/

Forward-Looking Statement

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “plan” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risk factors discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:
Lianhe Sowell International Group Ltd
[email protected]

WFS Investor Relations Inc.
Janice Wang
Email: [email protected]
Phone: +1 628 283 9214

, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Savara Inc. ("Savara Inc." or the "Company") (NASDAQ: SVRA) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Savara Inc. investors who were adversely affected by alleged securities fraud between March 4, 2024 and May 23, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/savara-inc-lawsuit-submission-form?prid=173613&wire=4 

SVRA investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) MOLBREEVI BLA, the treatment of pulmonary alveolar proteinosis, lacked sufficient information regarding MOLBREEVI's chemistry, manufacturing, and/or controls; (ii) accordingly, FDA was unlikely to approve the MOLBREEVI BLA in its current form; (iii) foregoing made it unlikely that Savara would complete its submission of the MOLBREEVI BLA within the timeframe it had represented to investors; (iv) delay in MOLBREEVI's regulatory approval increased the likelihood that the Company would need to raise additional capital; and (v) as a result, defendants' public statements were materially false and misleading at all relevant times.

WHAT'S NEXT? If you suffered a loss in Savara Inc. during the relevant time frame, you have until November 7, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

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, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in KBR, Inc. ("KBR, Inc." or the "Company") (NYSE: KBR) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of KBR, Inc. investors who were adversely affected by alleged securities fraud between May 6, 2025 and June 19, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/kbr-inc-lawsuit-submission-form?prid=173619&wire=4 

KBR investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) despite the knowledge that the U.S. Department of Defense's Transportation Command, for months, had material concerns with HomeSafe's ability to fulfill the global household goods contract, defendants claimed that the partnership was without issue, and would ramp up in future quarters; and (2) as a result, defendants' statements about KBR's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT'S NEXT? If you suffered a loss in KBR, Inc. during the relevant time frame, you have until November 18, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 

SOURCE Levi & Korsinsky, LLP

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, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Cytokinetics, Incorporated ("Cytokinetics" or the "Company") (NASDAQ: CYTK) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Cytokinetics investors who were adversely affected by alleged securities fraud between December 27, 2023 and May 6, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/cytokinetics-incorporated-lawsuit-submission-form-2?prid=173618&wire=4 

CYTK investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, defendants made materially false and misleading statements regarding the timeline for the New Drug Application ("NDA") submission and approval process for aficamten. Specifically, defendants represented that the Company expected approval from the U.S. Food and Drug Administration ("FDA") for its NDA for aficamten in the second half of 2025, based on a September 26, 2025 PDUFA date, and failed to disclose material risks related to the Company's failure to submit a Risk Evaluation and Mitigation Strategy ("REMS") that could delay the regulatory process. On May 6, 2025, during an earnings call, it was revealed that the Company had multiple pre-NDA meetings with the FDA discussing safety monitoring and risk mitigation but chose to submit the NDA without a REMS, relying on labeling and voluntary education materials. This confirmed defendants' awareness of potential REMS requirements and their reckless decision to omit it from the initial submission, misleading investors about the regulatory timeline. As a result of defendants' false and misleading statements, class members purchased Cytokinetics' common stock at artificially inflated prices and suffered significant losses when the truth was revealed.

WHAT'S NEXT? If you suffered a loss in Cytokinetics during the relevant time frame, you have until November 17, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 

SOURCE Levi & Korsinsky, LLP

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, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lantheus Holdings, Inc. ("Lantheus" or the "Company") (NASDAQ: LNTH) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lantheus investors who were adversely affected by alleged securities fraud between February 26, 2025 and August 5, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/lantheus-holdings-inc-lawsuit-submission-form-2?prid=173614&wire=4 

LNTH investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the filed complaint, defendants made false statements and/or concealed that: defendants created the false impression that they possessed reliable information pertaining to the Company's projected revenue outlook and anticipated growth while also minimizing risk from competition and pricing dynamics, seasonality, and macroeconomic fluctuations. In truth, Lantheus' optimistic reports of Pylarify's sales growth potential and pricing normalization fell short of reality; Lantheus, despite defendants claims, did not have an accurate understanding of the pricing and competitive dynamics of Pylarify's market.

WHAT'S NEXT? If you suffered a loss in Lantheus during the relevant time frame, you have until November 10, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 

SOURCE Levi & Korsinsky, LLP

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, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fortinet, Inc. ("Fortinet, Inc." or the "Company") (NASDAQ: FTNT) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fortinet, Inc. investors who were adversely affected by alleged securities fraud between November 8, 2024 and August 6, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/fortinet-inc-lawsuit-submission-form?prid=173621&wire=4 

FTNT investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the filed complaint, defendants made false statements and/or concealed that defendants knew that the refresh cycle would never be as lucrative as they represented, nor could it, because it consisted of old products that were a "small percentage" of the Company's business. Moreover, defendants misrepresented and concealed that they did not have a clear picture of the true number of FortiGate firewalls that could be upgraded. And while telling investors that the refresh would gain momentum over the course of two years, Fortinet misrepresented and concealed that it had aggressively pushed through roughly half of the refresh in a period of months, by the end of 2Q 2025.

WHAT'S NEXT? If you suffered a loss in Fortinet, Inc. during the relevant time frame, you have until November 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 

SOURCE Levi & Korsinsky, LLP

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, /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fly-E Group, Inc. ("Fly-E" or the "Company") (NASDAQ: FLYE) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fly-E investors who were adversely affected by alleged securities fraud between July 15, 2025 and August 14, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/fly-e-group-inc-lawsuit-submission-form?prid=173615&wire=4

FLYE investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, defendants 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 the Company's revenue projections.   On August 14, 2025, the truth emerged when Fly-E filed a form NT 10-Q: Notification of inability to timely file Form 10-Q for the first quarter of fiscal year 2026 revealing a substantial decrease of 32% in net revenues "primarily driven by a decrease in total units sold." In pertinent part, the Company attributed the decline to "recent lithium-battery accidents involving E-Bikes and E-Scooters."   Following this news, the price of Fly E's common stock declined dramatically. From a closing market price of $7.76 per share on August 14, 2025, Fly-E's stock price fell to $1.00 per share on August 15, 2025, a decline of about 87% in the span of just a single day.

WHAT'S NEXT? If you suffered a loss in Fly-E during the relevant time frame, you have until November 10, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

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Global X Nasdaq 100 Covered Call ETF (QYLD) delivers steady monthly income through a simple covered call strategy on the Nasdaq 100. Competition has increased, with NEOS Nasdaq 100 High Income ETF (QQQI) emerging as a notable alternative to QYLD. QQQI's active management approach that responds to market conditions has proven effective.

Oriole Resources PLC (AIM:ORR) earlier this week announced a maiden mineral resource estimate of nearly 900,000 ounces of contained gold at its Mbe South project in Cameroon.

Speaking to Proactive, chief executive Martin Rosser said the result demonstrated the potential for Cameroon to host large gold deposits and underpinned the company’s broader licence position. “This maiden MRE emphatically reinforces the district potential,” he said.

Here, we take a closer look at the conversation.

Martin, good to see you again. Congratulations on that maiden resource estimate. What can you tell us about the outcome and how significant this milestone is for Oriole Resources and the Mbe project?

Martin Rosser: Thank you, Stephen, and good morning — and good morning viewers. Well, this is an absolutely stupendous result for the Mbe South MRE. We've hit almost 900,000 ounces of contained gold in the inferred resources category from a maiden drilling program that started just under a year ago. So it's a great credit to the exploration team. The outcome is 50% greater than the median in the earlier exploration target that was published. The JORC exploration target had a range of 445,000 to 730,000 ounces and this result is also at a higher grade.

It's over a strike length of around 900 metres, a width of 700 metres and a depth down to 340 metres, yet it remains open in all directions. Just so people put this in context, the grade of 1.1 grams per tonne is similar to the majority of other African gold projects and mines. And most definitely, it’s only the start of delineating what we have there. It really demonstrates the Oriole investment value proposition and the potential for Cameroon to host large gold deposits.

Proactive: As you said, Martin, the results have exceeded your earlier targets and both MB01 South and MB01 North remain open in all directions. How much bigger could this resource become?

Martin Rosser: Well, firstly, if we look at Mbe South, there's tremendous potential for resource expansion there through both infill and step-out drilling. And then of course we have the MB01 North prospect, 700 metres to the northeast, that currently has a JORC exploration target range of 370,000 to 605,000 ounces. It's undrilled and has similar quality surface anomalies, including impressive trenching results.

If we assume a similar favourable conversion outcome for that northern exploration target, then a realistic near-term combined target range for Mbe South and North would be 1.25 million ounces to over 1.5 million ounces. And bear in mind, too, that we have additional targets in Mbe Two, Three and Four, which are situated less than four kilometres from the Mbe South resource zone, within the wider Mbe licence.

Proactive: Martin, what are the next key steps for Oriole and your partner BCM International following the strong maiden result?

Martin Rosser: As I've said, both the Mbe South MRE and the MB01 North exploration target remain open in all directions and depth. So the next work program is to begin as soon as possible after we've discussed and finalised things with BCM, our earn-in partner.

Proactive: You've mentioned the possibility of a low strip ratio open pit mine. How soon could that concept be considered?

Martin Rosser: Our focus is definitely on fully delineating the magnitude of the gold resources at Mbe. But with further drilling, metallurgical testing and successful economic evaluation work, we’ll start to consider the MB01 South potential to support a low-strip open pit operation. We've already seen significant widths of mineralisation in the drill intersections, and it presents an ideal shape for an open pit operation. So certainly it's something we are starting to think about.

Proactive: What does the maiden MRE mean for the wider potential of the other contiguous eastern CLP licences, Martin?

Martin Rosser: What we've shown with this announcement is that Mbe South is now Cameroon's largest JORC MRE resource. The previous one was held by our Bibimi project, but we’ve leapfrogged that. This maiden MRE emphatically reinforces the district potential, as we have multi-kilometre scale gold-in-soil anomalies identified on all of the other four contiguous licences that make up the over 2,000 square kilometre eastern CLP area, which we own 100%.

Proactive: Martin, congratulations again on that MRE, and I'm sure you'll keep us updated on your progress.

Martin Rosser: Thank you very much. Yes, we look forward to accelerating our activity and determining the ultimate magnitude of what is potentially a significant new gold district. There's definitely much to look forward to.

Summary

XRP price is trading around $2.45, consolidating between $2.30 and $2.55 as traders await the U.S. CPI report.
Resistance remains at $2.60, with support near $2.25–$2.30; sentiment is cautiously neutral ahead of inflation data.
A softer-than-expected CPI reading could boost XRP, potentially pushing it above $2.60 toward $2.75–$2.85.
Higher-than-expected inflation could put XRP under pressure, testing support at $2.30 and possibly dropping toward $2.10–$2.20.
The near-term XRP price prediction is balanced, with the upcoming CPI report likely determining the next move and shaping the token’s short-term outlook.

At around $2.45, XRP is holding steady while traders wait for fresh U.S. inflation data.

The upcoming CPI report could shake things up, setting the tone for risk assets through the end of the month and determining if XRP can rebound toward $2.60 or drift lower.

XRP price: Current market data
Ripple (XRP) continues to consolidate between $2.30 and $2.55, struggling to establish momentum after multiple failed attempts to hold above $2.60. Resistance remains firm at that level, while layered support around $2.25–$2.30 is keeping the downside in check.

XRP 1-day chart, October 2025 | Source: crypto.news
Sentiment has turned cautiously neutral, with traders reducing leverage and taking defensive positions ahead of the CPI data. 

Daily volumes are steady but lighter than earlier in the week, a sign that the market is repositioning rather than expanding. This calm phase mirrors the broader crypto market’s patience as investors await clearer signals on inflation and the Fed’s next move.

Positive price factors for XRP price
A softer-than-expected CPI reading could spark a risk rebound. Lower inflation would ease pressure on the Fed, weaken the dollar, and support a drop in bond yields — all of which tend to benefit digital assets.

In that environment, the XRP outlook could quickly improve. A clear break above $2.60 would confirm renewed bullish momentum and open the door for an extension toward $2.75–$2.85, especially if Bitcoin and equities rally alongside.

From a short-term XRP forecast, a cooler inflation print would likely restore speculative appetite and attract momentum traders back into large-cap altcoins. The move could also validate the idea that XRP’s recent consolidation phase was simply a pause before the next leg higher.

Negative factors for XRP
On the flip side, a hotter CPI number could cause trouble for crypto. Higher inflation would probably kill off near-term rate-cut hopes, boost the dollar, and drag down sentiment across the market. That could put XRP’s $2.30 support to the test — and if it breaks, the price might slide toward $2.10–$2.20. 

After several failed attempts to stay above $2.60, momentum looks weak, and without any strong bullish catalysts, traders might keep playing it safe, leaving XRP open to more downside.

Near-term XRP price prediction
At this point, the XRP price prediction feels pretty balanced. The coin’s been stuck between $2.30 and $2.60, and traders are just waiting to see which side gives first. A push above $2.60 could get the bulls going again, while slipping below $2.30 might make the market turn cautious.

All in all, XRP is at a crossroads, and macro factors will call the shots. A cooler inflation reading could lift the XRP forecast above $2.60, while a hotter one might drag prices toward  $2.10–$2.20. The XRP projection for now leans neutral-to-bullish, depending on how the CPI data lands.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

48 minutes ago

Dogecoin must break above the $0.20 resistance level to signal a reduction in selling pressure, potentially sending the DOGE price beyond $0.25.

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Key takeaways:

Dogecoin must break through the $0.20 resistance to trigger a breakout from consolidation.

DOGE price must confirm a symmetrical triangle pattern to secure gains to $0.25.

Dogecoin’s (DOGE) 7.5% rally from its local lows below $0.18 appears to be cooling off, but traders said DOGE remains on track to “continue its uptrend” toward higher targets in 2025.

Several data points suggest what must happen for Dogecoin to increase its potential to break out of consolidation in the coming days or weeks.

Dogecoin must crack $0.20 resistanceDogecoin’s bullish case hinges on its DOGE/USD pair flipping the resistance between $0.20 and $0.22 into support.

“DOGE is currently consolidating near $0.19 after a significant pullback,” crypto analyst HODL Gentleman said in a recent post on X, adding:

“A clear break above $0.20 is needed to signal a trend reversal. Keep an eye on that level!”This level aligns with the 200-day simple moving average (SMA), as shown in the chart below.

DOGE/USD daily chart. Source: Cointelegraph/TradingViewThe Glassnode distribution heatmap indicates that a significant cluster of supply is centered in the $0.20-$0.21 area, where nearly 24.9 billion DOGE were recently acquired, underscoring the importance of this level.

Dogecoin’s cost basis distribution heatmap. Source: Glassnode
Another area of resistance is the $0.23-$0.24 range, reinforced by the 100-day and 50-day SMAs, respectively.

As Cointelegraph reported, if the 20-day EMA, currently at $0.22, is broken, it will suggest that selling pressure is decreasing. If this happens, DOGE price could climb to the 50-day SMA ($0.23) and later to the stiff overhead resistance at $0.29. 

DOGE must validate symmetrical triangle breakoutData from Cointelegraph Markets Pro and TradingView shows DOGE trading inside a symmetrical triangle in the four-hour time frame, as shown in the chart below.

The price needs to close above the upper trendline of the triangle at $0.20 to confirm a bullish breakout, with a measured target of $0.246. 

Such a move would bring the total gains to 25% from the current level.

DOGE/USD four-hour chart. Source: Cointelegraph/TradingView“Dogecoin continues its uptrend after breaking out of a falling wedge” on the four-hour chart, said analyst Trader Tardigrade in a Friday post on X. 

The measured target of the falling wedge is $0.216, representing a 6.5% short-term price increase.

DOGE/USD four-hour chart. Source: Trader TardigradeFellow analyst Bitcoinsensus made a more ambitious analysis, saying that “Doge could see prices as high as $5-$7” if it follows a similar market structure to that seen in previous cycles.

$DOGE MONTHLY MACRO CYCLES 📐📈

Could 7$ be next in this cycle?

Looking at previous price history on #Dogecoin, it has always followed the same market structure, finishing with a massive move at the end of the cycle. 💥

If we were to repeat the same playbook, Doge could see… pic.twitter.com/eWlrPhKHvV

— Bitcoinsensus (@Bitcoinsensus) October 16, 2025
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

The tokens pledged under the global program will be safeguarded by a third-party custodian. Updated Oct 24, 2025, 11:09 a.m. Published Oct 24, 2025, 11:09 a.m.

Investment banking giant JPMorgan Chase plans to let institutional clients use their bitcoin BTC$111.233,88 and ether ETH$3.961,83 holdings as collateral for loans by year-end, according to a report by Bloomberg.

The tokens pledged under the global program will be safeguarded by a third-party custodian and extends JPMorgan’s earlier move to accept crypto-linked ETFs as loan collateral.

This development reflects the rapidly growing integration of digital assets into Wall Street’s core lending infrastructure. With Bitcoin hitting record highs this year and regulatory hurdles easing under the current administration, major banks like JPMorgan are shifting from skepticism to actively incorporating crypto into their financial services.

Other leading firms, including Morgan Stanley, State Street, and Fidelity, are also deepening their crypto offerings, launching retail access and custody solutions, the report said.

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A long-dormant Bitcoin wallet dating back to the earliest days of the network has suddenly come back to life, moving 150 Bitcoins after being inactive for over 14 years.

Key NotesSygnum and Debifi, a BTC lending startup, have teamed up to debut MultiSYG.MultiSYG will let borrowers keep partial control of their BTC.The structure ensures transparency and prevents rehypothecation.
Swiss digital asset bank Sygnum has partnered with Bitcoin

BTC
$110 873

24h volatility:
1.4%

Market cap:
$2.21 T

Vol. 24h:
$52.75 B

lending startup Debifi to launch MultiSYG, a bank-backed Bitcoin loan platform that lets borrowers retain shared control of their collateral.

The product, set to launch in the first half of 2026, targets institutions and high-net-worth individuals seeking secure, transparent lending without giving full custody of their assets.

A Shift Away From Custodial Lending
With MultiSYG, users will be able to bypass the requirement of giving up custody of their BTC, which is usually common with traditional Bitcoin-backed loans. Borrowers will deposit Bitcoin into a 3-of-5 multi-signature escrow wallet controlled by Sygnum, the borrower, and independent signers.

“Borrowers can benefit from bank-grade terms in pricing, drawdown flexibility, and loan duration, while keeping cryptographic proof of their holdings and partial control of their Bitcoin via multi-signature technology,” said Pascal Eberle, the head of the MultiSYG initiative at Sygnum.

Any movement of funds requires three approvals, allowing borrowers to verify their holdings on-chain throughout the loan’s duration. Debifi CEO Max Kei said the model removes the need for blind trust in custodians while maintaining regulatory oversight.

Sygnum claimed in a post that MultiSYG combines the security of self-custody with the structure and reliability of traditional banking.

Demand for Safer Bitcoin Lending
After the collapse of centralized lenders like BlockFi and Celsius, demand for non-custodial and verifiable loan structures has increased. MultiSYG seeks to meet that demand while ensuring assets cannot be reused or rehypothecated.

Sygnum said that MultiSYG is part of its ongoing Bitcoin@Sygnum initiative to develop regulated Bitcoin products and infrastructure. The bank plans to make the service available globally upon launch.

Broader Expansion of Sygnum’s Services
The Debefi partnership follows other offerings such as the BTC Alpha Fund, which uses arbitrage strategies to generate yield in Bitcoin, and the bank’s expansion of asset management services into Germany and Liechtenstein.

With regulatory presence in Switzerland, Singapore, Abu Dhabi, and Luxembourg, Sygnum’s footprints in the crypto space continue to go deeper. The firm recently debuted Sygnum Validators, enabling non-custodial staking for select blockchains from Abu Dhabi Global Market (ADGM).

According to the reports, the first validator launch will support the Solana

SOL
$191.4

24h volatility:
1.4%

Market cap:
$105.17 B

Vol. 24h:
$6.16 B

, a massive push for the Layer 1 solution. SOL holders can now stake their assets and earn rewards.

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

Whales and insiders are aggressively longing for Ethereum. This could mean that a massive bullish reversal may already be underway.

Ethereum (ETH) staged a modest recovery as it climbed by 6% over the past seven days. The crypto asset hovers below $4,000 after multiple failed attempts to breach the level.

Despite this, recent on-chain activity has highlighted a surge in confidence among ETH longs, particularly from high-profile traders.

ETH Longs Surge
On-chain analytics platform, Lookonchain, reported that smart trader 0xc2a3 has completed three additional trades, scooping up $1.77 million. This pushed their total profits to over $14.2 million, maintaining an impressive 100% win rate.

Notably, 0xc2a3 reopened a 5x long on 16,727 ETH, worth approximately $65 million, amidst continued aggressive positioning in Ethereum. The position was then expanded, with Lookonchain revealing that 0xc2a3 now holds 33,270 ETH in long exposure, worth $131.24 million, alongside a 4x leveraged $8.9 million BTC long, bringing their total realized profit to over $15.4 million.

Similarly, trader ‘Crypto Ape’ noted that another OG insider whale with a perfect track record opened a $47 million ETH long, with an additional $84 million in long orders queued to be filled. This cluster of high-value longs from experienced traders has fueled speculation about potential bullish catalysts that these insiders might anticipate.

Ethereum’s Next Big Breakout
Following its recent bounce from its $3,800 support level, crypto analyst Ted Pillows observed that the cryptocurrency is now approaching a crucial resistance zone between $4,000 and $4,100, where strong sell walls could test the strength of the rally. Pillows added that if the bulls manage to break through this resistance, it could trigger a relief rally and potentially attract short-term momentum traders looking for upside continuation.

The current price action reflects a market cautiously testing recovery levels after prior pullbacks, with the $3,800 support repeatedly proving its significance.

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Meanwhile, crypto analyst Michaël van de Poppe has made an even bolder prediction, stating that Ethereum is on the verge of breaking its downtrend and outperforming Bitcoin. According to him, this potential shift could represent the beginning of the next major altcoin rally, with ETH leading the charge.

The bullish narrative aligns with Merlijn The Trader’s findings, which reveal that Ethereum remains in the “Still Cheap” zone of the Rainbow Chart. The model, which historically identifies market cycles, places ETH below the “HODL” and “Take Profit” zones. Merlijn noted that the crypto asset remains undervalued compared to past cycle peaks.

DOGE has booked a 10% gain in the past 7 days as the top meme coin has recovered alongside the overall market, possibly on the back of Trump's pardon to Binance's CZ. One top crypto analyst has shared their bullish Dogecoin price prediction today in light of this uptick.

Bitcoin ETFs returned to positive territory with a modest $20 million inflow, while ether ETFs extended their losses with $128 million in outflows. Crypto ETFs Split Paths as Bitcoin Rises but Ether Retreats With $128 Million Outflow The crypto exchange-traded fund (ETF) market showed a tale of two assets on Thursday, Oct.

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