Market Signal Briefing

Some Coca-Cola products are being recalled over the potential presence of foreign material in the products, according to federal officials. 

About 1,115 units of Coca-Cola Zero Sugar 12-ounce cans in 12 and 35 packs, 2,322 units of Coca-Cola 12-ounce cans in 24 and 35 packs, and 791 units of Sprite 12-ounce cans in 12 and 35 packs are included in the recall, according to the Food and Drug Administration (FDA). 

The products are considered Class II recalls, which is when the use or exposure to a product “may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote,” according to the FDA’s website.

Texas-based Coca-Cola Southwest Beverages LLC initiated the recall on Oct. 3, and the FDA issued the Class II classification a few weeks later.

FOX Business reached out to Coca-Cola for comment.

A spokesperson for the company told Today that the recalled products were distributed in the McAllen/Rio Grande Valley and San Antonio areas of Texas.

Coca-Cola, Coca-Cola Zero, and Sprite products have been recalled due to concerns of foreign material possibly being present. Praewphan – stock.adobe.com

The Food and Drug Administration (FDA) reports that approximately 1,115 units of Coca-Cola Zero and 2,322 units of Coca-Cola packs and cans have been recalled. EvgeniyQW – stock.adobe.com

791 units of Sprite 12-ounce cans in 12 and 35 packs have also been recalled. Andrei Armiagov – stock.adobe.com
That’s as far as the recall extended, the spokesperson said. 

All of the affected products were pulled from store shelves out of an abundance of caution by Oct. 10, the spokesperson added.

SummarySupplier of residential thermal, comfort and security solutions, Resideo Technologies, Inc. (REZI) was the top contributor in the quarter.Shares of gold mining company, Barrick Mining Corporation (B) also jumped in the quarter on strong financial results buoyed by rising gold prices.We added Arthur J. Gallagher & Co. (AJG), the world's largest insurance broker focused on middle-market clients.We also exited oil services company, Core Laboratories, Inc. (CLB) and manufacturer and developer of laboratory equipment and biological testing, Bio-Rad Laboratories Inc. (BIO). atakan/iStock via Getty Images

The following segment was excerpted from the Ariel Focus Fund Q3 2025 Commentary.

Although lingering policy and geopolitical risks may contribute to heightened volatility, investor sentiment remains upbeat; and we continued to view macroeconomic developments through the

Recommended For You

Q3: 2025-10-23 Earnings SummaryEPS of $0.54 misses by $0.07

 |

Revenue of

$9.39B

(-10.48% Y/Y)

beats by $12.68M

World Kinect Corporation (NYSE:WKC) Q3 2025 Earnings Call October 23, 2025 5:00 PM EDT

Company Participants

Braulio Medrano - Senior Director of FP&A and Investor Relations
Michael J. Kasbar - Chairman & CEO
Ira Birns - President & CFO

Conference Call Participants

Adam Roszkowski - BofA Securities, Research Division

Presentation

Operator

Thank you for standing by, and welcome to World Kinect Corporation's Third Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Braulio Madrano, Senior Director of FP&A and Investor Relations. Please go ahead.

Braulio Medrano
Senior Director of FP&A and Investor Relations

Thank you, Latif, and good evening, everyone. Welcome to World Kinect's Third Quarter 2025 Earnings Conference Call, which will be presented alongside our live slide presentation. Today's presentation is also available via webcast and on our Investor Relations website. I'm Braulio Medrano, Senior Director of FP&A and Investor Relations. With us on the call today is Michael Kasbar, Chairman and Chief Executive Officer; Ira Birns, President and Chief Financial Officer; and Mike Tejada, Senior Vice President and Chief Accounting Officer.

And now I'd like to review our safe harbor statement. Certain statements made today, including comments about our expectations regarding future plans and performance, are forward-looking statements that are subject to a range of uncertainties and risks that could cause actual results to materially differ. Factors that could cause results to materially differ can be found on our most recent Form 10-K and other reports filed with the Securities and Exchange Commission. We assume no obligation to revise or publicly release the results of any revisions to these forward-looking statements in light of new information or future events.

This presentation also includes certain non-GAAP financial measures. A reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial

Recommended For You

VANCOUVER, BC / ACCESS Newswire / October 23, 2025 / Lobe Sciences Ltd. ("Lobe" or the "Company") (CSE:LOBE)(OTCQB:LOBEF)(FWB:LOBE.F), operates as a pharmaceutical platform that develops novel therapies through a scalable model of shared services, global teams, and outsourced infrastructure.

HomeEconomy & PoliticsU.S. stock futures appeared little moved by Trump’s latest escalation of trade tensionsPublished: Oct. 23, 2025 at 11:53 p.m. ET

U.S. President Donald Trump said late Thursday that he was terminating “all trade negotiations” with Canada — citing a Canadian advertising campaign targeting the White House’s tariffs that featured former President Ronald Reagan speaking critically of import duties.

In a post on his Truth Social online platform, Trump slammed Canada’s “egregious behavior” and said the television ad was meant to “interfere with the decision of the U.S. Supreme Court, and other courts,” which are deliberating the legality of the Trump administration’s widespread tariffs on U.S. imports.

Partner CenterMost Popular

Pilbara Minerals Limited (OTCPK:PILBF) Q1 2026 Earnings Call October 23, 2025 7:00 PM EDT

Company Participants

Dale Henderson - MD, CEO & Executive Director
Brett McFadgen - Chief Operating Officer
Flavio Garofalo - Interim Chief Financial Officer
James Fuller

Conference Call Participants

Jonathon Sharp - CLSA Limited, Research Division
Hayden Bairstow - Argonaut Securities Pty Limited, Research Division
Rahul Anand - Morgan Stanley, Research Division
Austin Yun - Macquarie Research
Hugo Nicolaci - Goldman Sachs Group, Inc., Research Division
Levi Spry - UBS Investment Bank, Research Division
Glyn Lawcock - Barrenjoey Markets Pty Limited, Research Division
Daniel Roden - Jefferies LLC, Research Division
Matthew Frydman - MST Financial Services Pty Limited, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to PLS September 2025 Quarterly Activities Report. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, PLS Managing Director and CEO, Dale Henderson. Please go ahead.

Dale Henderson
MD, CEO & Executive Director

Thank you, Maggie. Good morning, and good evening. Thank you for joining us today. I'd like to begin by acknowledging the traditional owners on the land in which PLS operates. Here in Perth, we acknowledge the Whadjuk people of the Noongar Nation. And we also recognize the Nyamal and Kariyarra people on whose land our Australian operation is located in the Pilbara region. We pay our respects to their elders, past and present.

Joining me today is Flavio Garofalo, our Interim CFO; and Brett McFadgen, our Chief Operating Officer. We are also joined by other members of our senior team. This call will run for approximately an hour. We'll begin with the presentation on our September quarter performance, then move through market commentary before finishing with Q&A. We'll address questions submitted via the webcast at the end of the session.

Recommended For You

BANGKOK, Oct. 24, 2025 (GLOBE NEWSWIRE) -- As Halloween night falls, WePlay teams up with the globally beloved IP Care Bears™ to launch a heartwarming and magical “Halloween Carnival Party”! More than just a festive celebration, this collaboration marks a cross-dimensional encounter filled with love and joy. WePlay’s mascot Will invites everyone to join the adorable Care Bears, unlock the magic within, chase away sadness, and ignite the warmth of this autumn season!

Event Highlights: Exclusive Rewards & Limited-Time Items

From October 24 to November 5, WePlay’s Halloween Carnival Party event brings a series of exciting themed activities, including:

Special Top-up Offers: Enjoy multiple recharge rewards and experience seamless fun across games and social interactions. New Care Bears-Themed Virtual Gifts: Adorable and heartwarming gifts inspired by Care Bears are now available—share kindness, encouragement, and positivity!Limited Edition Skins: Combining Halloween mischief with the signature cuteness of Care Bears.
Why We Gather: A New Story for This Halloween

“Inside everyone lives a little magician who can chase away sadness.”

Since the 1980s, Care Bears have carried a timeless message of love, courage, hope, and care, symbolized by the unique “belly badges” on each bear. In WePlay’s virtual celebration, this warmth comes to life once again—players will join the Care Bears to overcome negativity, enjoy interactive games, make new friends, and rediscover the simple joy of play.

About WePlay: Making the World More Fun Through Connection

As a flagship product under WeJoy, headquartered in Singapore, WePlay blends gaming and social interaction to create an engaging entertainment space for young people aged 18–25. With a variety of interactive games such as Space Werewolf, Guess My Drawing, and Mic Grab, WePlay helps users meet new friends effortlessly while having fun.

Currently, WePlay continues to top the App Store and Google Play free charts across the Middle East, Southeast Asia, and Taiwan, becoming one of the most popular platforms for social gaming among young users. This collaboration with Care Bears follows previous partnerships with well-known IPs such as BugCat Capoo and Chibi Maruko-chan, marking another major step in WePlay’s ongoing effort to expand global IP collaborations and enrich its social ecosystem.

Contact：[email protected]
Website：https://weplayapp.com/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6d383acb-20c2-4677-85e9-f67a8d2db81e

Resolution Minerals Ltd (ASX:RML, OTC:RLMLF) earlier this week announced a $2.00 million capital raise to accelerate development at its Horse Heaven project in Idaho.

The funds will support a planned drill campaign of 40,000 to 60,000 feet, metallurgical testing of antimony and tungsten, and permitting activities for a new plan of operations. The company said the raise complements a $25.00 million placement completed earlier this month.

Resolution Minerals said the $2.00 million was secured through an agreement with Tribeca Investment Partners. The firm is a specialist institutional investor focused on natural resources and critical metals.

Chief executive Craig Lindsay said Tribeca’s participation validated the company’s direction. “The fact that Tribeca has come in and put a bit of a stamp of approval on this company by writing a check for $2,000,000 at $0.08 a share is just a strong commendation for the work that we're doing,” he said.

The company said it had been approached by the Australian government for input ahead of Prime Minister Anthony Albanese’s meeting with Donald Trump in Washington, DC. The meeting will focus on critical minerals and Australian investment in U.S.-based resource projects.

Resolution told investors that it used the opportunity to outline challenges associated with bringing a U.S. project to market and to provide background on Horse Heaven’s development progress.

The company said it is hopeful that policy changes such as permitting fast-tracks may result from the discussions, which it said could materially support project timelines across the U.S. critical minerals sector.

Lindsay added that permitting reform would be important in helping the United States address its critical metals supply shortfall.

Proactive:

Resolution Minerals is raising $2 million to advance the Horse Heaven project in Idaho. Joining me, as always with the full rundown, is the company's CEO, Craig Lindsay. Craig, it's great to have you on board on this very early Monday morning — late Sunday afternoon your time. How are you?

Craig Lindsay:

I'm doing absolutely great. Fantastic to see you.

Proactive:

Always good to see you, Craig. We understand this $2 million placement follows a $25 million placement that was raised earlier in the month, as most investors would know. What exactly will those funds be used for?

Craig Lindsay:

Advancing the Horse Heaven project in Idaho. We've got a lot of work ahead of us with respect to drilling — I think we're going to get down 40,000 to 60,000 feet of drilling next season. We're going to be doing a lot of background work on metallurgical testing of our antimony and our tungsten. We're putting money to use with respect to permitting a new plan of operation.

Just — there's a lot of money that's going to be spent out at Horse Heaven as we aggressively move this project forward to what we hope to be a relatively near-term production decision.

Proactive:

Craig, can you give us a bit more context on who you brought in for the financing?

Craig Lindsay:

It's actually very exciting. As you mentioned, we raised $25 million a couple of weeks ago with a wide range of investors. But we've announced today a $2 million financing with Tribeca Investment Partners, which, as your listeners may know, is a very well-regarded institutional investor out of Australia. They have a very long and successful track record in the natural resources space.

They’ve got a big focus on critical metals. So the fact that Tribeca has come in and put a bit of a stamp of approval on this company by writing a check for $2 million at 8 cents a share is just a strong commendation for the work that we're doing. We're very excited to have them on as an investor.

Proactive:

Now, of course, this is quite a big day for Resolution. Anthony Albanese is meeting up with Donald Trump in Washington, DC, and top of the agenda will be the importance of the Horse Heaven project in Idaho. What can we expect at this meeting?

Craig Lindsay:

Well, just to be clear, they are going to be talking about critical minerals and the Australian investment wave into that space in the United States — not just the Horse Heaven project, of course.

But we were happy to be approached by the Australian government to give a little feedback on what we're doing — give them a little bit of background and flavour as to the Horse Heaven project, how we're trying to develop the project, and some of the challenges that you face when bringing a project to market in the United States.

So specifically, one of the things I'd like to see out of that meeting is a discussion around fast-tracking permitting, which would really help move some of these critical metals projects towards a production decision. And that’s what the United States needs with respect to meeting its critical metals supply deficit.

Proactive:

Resolution Minerals CEO Craig Lindsay, it's been great having you — kickstarting the week on a pretty high note. We’ll look forward to having you again, and hopefully we’ll have more updates from the meeting that will take place in Washington as well. Thank you so much.

Craig Lindsay:

Absolutely. Thank you. I appreciate it.

SummaryNorthwest Natural Holding Company's regulated and pass-through cost model ensures revenue and margin stability while securing demand.Its Texas expansion may lead to more growth opportunities due to robust market conditions and demand surge, especially in its gas business.Its fundamentals ensure it can sustain its expanding operating capacity and renewable transition while covering debt repayments and dividends.NWN appears quite undervalued as it trades below historical averages, while its potential revenue and margin increase may justify upside.Technicals are still bullish as buying volume keeps increasing and outpacing selling volume, but dips are also possible due to profit-takers. Getty Images

Typically, energy-related stocks can be vulnerable to global market volatility and geopolitical disruptions. Yet, some thrive regardless of macroeconomic conditions because they are in household/business-staple niches with consistent demand. An example is Northwest Natural Holding Company (

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in NWN over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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

Recommended For You

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

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

October 24, 2025 00:37 ET

 | Source:

X4 Pharmaceuticals

BOSTON, Oct. 24, 2025 (GLOBE NEWSWIRE) -- X4 Pharmaceuticals (Nasdaq: XFOR) (“X4” or the “Company”), a company driven to improve the lives of people with rare hematology diseases, today announced the pricing of its previously announced underwritten public offering of 45,860,000 shares of its common stock at a public offering price per share of $2.90 and, in lieu of common stock to certain investors, pre-funded warrants to purchase up to 700,000 shares of its common stock at a public offering price of $2.899 per pre-funded warrant. The pre-funded warrants have an exercise price of $0.001 per share and are exercisable immediately. The aggregate gross proceeds to X4 from the offering are expected to be approximately $135 million before deducting underwriting discounts and commissions and other offering expenses payable by X4, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on October 27, 2025, subject to the satisfaction of customary closing conditions. In addition, X4 has granted the underwriters an option for a period of 30 days to purchase up to an additional 6,984,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. All of the securities are being offered by X4.

X4 intends to use the net proceeds from this offering, together with its existing cash and cash equivalents and cash flows from operations, to fund the pivotal Phase 3 development of mavorixafor in certain chronic neutropenic disorders, as well as for general and administrative expenses, capital expenditures, working capital and other general corporate purposes.

Leerink Partners, Stifel and Guggenheim Securities are acting as joint bookrunning managers for the proposed offering.

A shelf registration statement relating to these securities was filed with the Securities and Exchange Commission (SEC) on August 14, 2023 and became effective on August 24, 2023. This offering is being made only by means of a written prospectus, including a prospectus supplement, forming a part of the effective registration statement. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC’s website, located at www.sec.gov. A copy of the final prospectus supplement and the accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov and, when available, may be obtained from: Leerink Partners LLC, Syndicate Department, 53 State Street, 40th Floor, Boston, Massachusetts 02109, by telephone at (800) 808-7525 ext. 6105, or by emailing [email protected]; Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, California 94104, by telephone at (415) 364-2720 or by emailing [email protected]; or Guggenheim Securities, LLC at 330 Madison Avenue, 8th Floor, New York, NY 10017, Attention: Equity Syndicate Department, by telephone at (212) 518-9544, or by email at [email protected].

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About X4 Pharmaceuticals

X4 is delivering progress for patients by developing and commercializing innovative therapies for those with rare hematology diseases and significant unmet needs. Leveraging expertise in CXCR4, X4 has successfully developed mavorixafor, an orally available CXCR4 antagonist that is currently being marketed in the U.S. as XOLREMDI® in its first indication. The Company is also evaluating additional uses of mavorixafor and is conducting a global, pivotal Phase 3 clinical trial (4WARD) in people with certain chronic neutropenic disorders. X4 is headquartered in Boston, Massachusetts.

X4 Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995, as amended. These statements may be identified by the words “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “target,” or other similar terms or expressions that concern X4’s expectations, strategy, business, plans, or intentions. Forward-looking statements include, without limitation, implied or express statements regarding: X4’s expectations regarding the consummation of the offering, the anticipated use of proceeds from the offering, the satisfaction of customary closing conditions with respect to the offering and the potential value and clinical benefit of the Company’s product candidates. Any forward-looking statements in this press release are based on management’s current expectations and beliefs. These forward-looking statements are neither promises nor guarantees of future performance, and are subject to a variety of risks and uncertainties, many of which are beyond X4’s control, which could cause actual results to differ materially from those contemplated in these forward-looking statements, including the risks that: X4 may be unable to advance and commercialize mavorixafor to treat chronic neutropenia or to gain ex-U.S. approval for the treatment of WHIM; the expected sufficiency of X4’s existing cash resources and runway may not be accurate; the expected availability, content, and timing of clinical data from X4’s ongoing clinical trials of mavorixafor may be delayed or unavailable, including the ongoing Phase 3 clinical trial in chronic neutropenia; trials, studies and research programs may not have satisfactory outcomes; earlier trials and studies may not be predictive of later trials and studies; the design and rate of enrollment for clinical trials, including the ongoing Phase 3 clinical trial evaluating mavorixafor in certain chronic neutropenic disorders may not enable successful completion of the trial(s); the commercial opportunity for mavorixafor in chronic neutropenic disorders may be smaller than anticipated; X4 may be unable to obtain and maintain regulatory approvals; adverse safety effects may arise from the testing or use of the Company’s product and product candidates; and other risks and uncertainties, including those described in the section entitled “Risk Factors” in X4’s most recent Annual Report on Form 10-K filed with the SEC and in subsequent filings X4 makes with the SEC from time to time. X4 undertakes no obligation to update the information contained in this presentation to reflect new events or circumstances, except as required by law.

X4 Investor Contact:

[email protected]

AbraSilver keeps executing with consistency, combining solid funding, credible leadership, and strong technical results that continue to reshape market perception around its Diablillos silver-gold project. The Diablillos project now contains 350 Moz AgEq, supported by high-grade drilling, expanding mineralization, and new leadership that strengthens institutional confidence and long-term execution capacity. With over C$42 million in cash, no debt, and strategic partners like Kinross Gold and Central Puerto, AbraSilver is fully funded to advance its DFS without dilution.

Zach Anderson
Oct 24, 2025 02:29

Ethereum sees significant institutional interest as ETFs accumulate $141.7 million. Analysts predict potential price surge, contingent on market dynamics and U.S. interest rate decisions.

As the cryptocurrency market continues to evolve, Ethereum (ETH) is capturing notable attention from institutional investors, according to Cryptonews. Recent data indicates that Ethereum Exchange-Traded Funds (ETFs) have seen substantial inflows, with investors purchasing $141.7 million worth of ETH during a recent market downturn.

Institutional Confidence in Ethereum
This pattern of buying the dip suggests strong confidence among institutional players in Ethereum’s long-term potential. Over the past month, despite a 10% price drop, the response has been a consistent accumulation of ETFs. This trend is not isolated to Ethereum alone; Bitcoin ETFs also recorded a significant influx of $477 million, reflecting a broader institutional strategy to capitalize on potential price rebounds.

Social media sentiment supports this optimistic outlook, with traders pointing to institutional accumulation and ETF inflows as key factors in Ethereum’s potential price recovery. The DeFi sector’s growth further bolsters the cryptocurrency’s market structure.

Price Prediction and Market Dynamics
Ethereum's price is currently testing the $4,000 mark, a critical support level that analysts believe must hold to maintain the upward trajectory. The pseudonymous analyst EtherWizz emphasized the importance of this level, noting that Ethereum’s ability to hold could negate bearish sentiment and potentially spark a new rally.

Technical indicators are mixed, with the Relative Strength Index (RSI) approaching neutral territory and the Moving Average Convergence Divergence (MACD) suggesting increasing sell pressure. A temporary pullback to the $3,700–$3,800 range is possible if immediate catalysts do not materialize. However, the upcoming U.S. interest rate decision could significantly impact market conditions, potentially igniting a rally that might propel Ethereum to $8,000.

Innovative Crypto Storage Solutions
As interest in Ethereum and other cryptocurrencies grows, so does the demand for secure storage solutions. The Best Wallet ($BEST) is gaining traction among investors, offering features like the “Upcoming Tokens” screener, which highlights emerging projects. This utility-focused wallet not only provides secure storage but also enables real-world spending through Bestcard, which integrates with Mastercard.

With over $16.6 million raised in its presale, the Best Wallet is positioning itself as a key player in the crypto storage space, catering to investors seeking high-upside opportunities.

Image source: Shutterstock

ethereum
etfs
cryptocurrency

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin continues to struggle to break decisively above the $110,000 mark following the October 10 market crash, as volatility and uncertainty dominate sentiment. The market now stands at a critical crossroads — one that could define whether the next phase brings a deep correction or sets the stage for a massive recovery.

According to top analyst Axel Adler, both Bitcoin and the S&P 500 remain in what he calls the late bull phase. The S&P 500’s 52-week return currently sits at +13%, reflecting that global markets remain in a risk-on environment, with investors still willing to take exposure to growth-oriented assets. Adler notes that the BTC–S&P correlation currently stands at 0.26, meaning Bitcoin tends to move in the same direction as equities, though not entirely in lockstep.

BTC vs S&P 500 weekly metrics | Source: Axel Adler
This moderate correlation suggests that while macro factors like earnings and monetary policy still influence Bitcoin, its internal dynamics — such as liquidity shifts and derivatives positioning — remain key. However, Adler warns that the S&P 500’s sensitivity to macro and political narratives could quickly spill over into the crypto market. Any cooling in equities or broader risk sentiment could pressure Bitcoin and define its next major move.

Bitcoin Mirrors Late-Cycle Market Behavior as Q4 Earnings Take Center Stage
According to Axel Adler, the final quarter of 2025 marks a crucial transition point for both traditional and crypto markets. After nearly two years of steady yield growth and tight monetary policy, the macro focus is shifting from expectations to real corporate performance. The Q3 earnings season is now in full swing, and early results have been surprisingly strong — out of 58 companies that have reported so far, all have beaten estimates by an average of 571 basis points (bps). Moreover, expected earnings growth for the quarter has climbed from 7% to 8%, reinforcing the idea that markets are still in the final phase of a bull cycle.

This late-cycle behavior typically reflects investor optimism, even as underlying risks — such as stretched valuations, declining liquidity, and macro uncertainty — begin to surface. Adler notes that such conditions often coincide with high volatility across risk assets, including Bitcoin, which tends to track broader shifts in investor sentiment.

For crypto markets, this context is particularly relevant. Bitcoin’s muted reaction to strong earnings data suggests that institutional flows remain cautious, waiting for confirmation of macro stability before re-entering risk positions. Historically, when equity markets approach the peak of their bull cycle, Bitcoin can either decouple and surge amid renewed liquidity or follow equities downward during a correction phase.

Adler concludes that the current setup aligns with a late-bull, pre-cooling environment — a moment defined by strong short-term optimism but fragile long-term balance. The coming weeks, driven by the remaining earnings reports and central bank commentary, will determine whether this momentum fuels another Bitcoin rally or marks the beginning of a broader market cooldown.

Bulls Defend Key Support, Market Awaits Breakout Confirmation
Bitcoin is currently trading around $109,300, showing modest recovery momentum after finding support near the 100-day moving average (green line). The 3-day chart reveals that BTC remains in a consolidation structure, oscillating between $106,000 and $117,500, the latter acting as a significant resistance level since mid-September.

BTC consolidates around key level | Source: BTCUSDT chart on TradingView
The $117,500 zone continues to mark the upper boundary of the current range, aligning with the previous high-volume node from the August–September period. This level represents the Point of Control for the recent trading structure and is critical for defining short-term direction. A successful breakout above it would likely trigger momentum toward $123,000, where large liquidity clusters and short liquidations are positioned.

On the downside, the 50-day moving average (blue line) sits near $111,000, overlapping with the mid-range level, while the 200-day moving average (red line) near $90,000 remains a longer-term support base.

Bitcoin’s trend remains neutral-to-bullish, but confidence is fragile. A strong close above $111,000–$112,000 could signal renewed strength, while a rejection here would likely confirm extended consolidation or even a deeper correction toward $105,000. The next few sessions will determine whether BTC can regain momentum or face renewed selling pressure.

Featured image from ChatGPT, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Journalist

Posted: October 24, 2025

Key Takeaways 
How much LINK are whales accumulating?
They withdrew $2.2 million in 24 hours, continuing a five-month $24 million buildup signaling long-term conviction.

What levels could Chainlink traders watch next?
If LINK holds above $18, it may test $23 and $26 amid improving on-chain and Futures sentiment.

Chainlink [LINK] whales accelerated their accumulation by withdrawing more than 128,000 LINK, worth about $2.2 million, from OKX and Kraken within the last 24 hours.

This continued a five-month trend totaling roughly 1.4 million LINK ($24 million) in accumulation, suggesting rising institutional confidence.

The steady transfer of tokens from exchanges to self-custody indicated declining selling pressure and a preference for long-term holding.

Coupled with improving derivatives sentiment, these inflows pointed to the early stage of a structural recovery that could shape LINK’s next major cycle.

Can Chainlink maintain its rebound from the demand zone?
LINK rebounded from the $16.00–$16.50 demand zone after a month-long correction.

The TradingView chart below showed a breakout from the descending channel, and buyers were now establishing higher lows.

If momentum continued, resistance levels stood at $20.02, $23.75, and $26.06.

The defense of the demand zone suggested traders viewed it as a fair value region, reinforcing the renewed optimism within the Chainlink ecosystem.

On top of that, derivatives data echoed the Spot market’s strength.

Source: TradingView

Futures traders show stronger bullish conviction
The 90-day Futures Taker CVD indicated Taker Buy dominance, meaning aggressive buyers outweighed sellers. Futures traders were positioning for upside rather than further declines.

Such strong buy-side participation usually confirms accumulation behavior, aligning perfectly with the recent on-chain whale inflows. 

Consequently, the Derivatives landscape now mirrors the Spot market’s optimism, reflecting a synchronized bullish outlook. 

If this sustained demand continues, it could drive LINK’s price beyond the psychological $20 threshold in the near term.

Shorts get liquidated as bulls regain control of Chainlink
Liquidation data further confirmed the strength of the bulls. At press time, short liquidations totaled roughly $36K, while long liquidations were minimal at just $465. 

This sharp contrast highlighted that traders betting against LINK were being squeezed out as prices recovered.

In fact, the market’s tendency to punish excessive short exposure underscores increasing confidence among buyers. 

This liquidation pattern across Binance, Bybit, and OKX showed that bearish traders faced pressure, strengthening bullish control.

As shorts exposure faded, LINK appeared positioned to push toward the $23–$26 range.

Could LINK’s rally extend beyond $26?
Whale accumulation, strong derivatives sentiment, and short liquidations collectively strengthen Chainlink’s bullish structure. 

The alignment of on-chain and technical indicators pointed toward growing institutional conviction. 

If momentum persists above $18, LINK could realistically challenge $23 and potentially retest $26 in the coming weeks, signaling a renewed uptrend.

Wazirx will resume trading on Oct. 24 after a lengthy pause, introducing a phased token rollout and a 30-day zero-fee offer as part of its system overhaul focused on stability, liquidity, and enhanced security measures. Wazirx Resumes Trading Oct. 24 After Long Pause and System Overhaul Indian crypto exchange Wazirx announced on Oct.

The cryptocurrency market witnessed significant turbulence on October 11, 2025, following a sharp market crash that sent ripples through the sector. In response to this sudden downturn, two major stablecoin issuers, Tether and Circle, have stepped in by minting a combined $7 billion in stablecoins.

Bitcoin price is attempting to recover above $108,500 and $108,800. BTC could rise further if there is a clear move above the $111,200 resistance.

Bitcoin started a fresh recovery wave above the $108,800 resistance level.
The price is trading above $109,000 and the 100 hourly Simple moving average.
There was a break above a short-term channel with resistance at $108,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move up if it trades above the $111,200 zone.

Bitcoin Price Starts Fresh Increase
Bitcoin price declined again below the $109,000 level. BTC tested the $106,720 zone and is currently attempting a fresh increase. There was a move above the $108,000 and $108,800 resistance levels.

The price climbed above the 50% Fib retracement level of the downward move from the $114,000 swing high to the $106,717 low. Besides, there was a break above a short-term channel with resistance at $108,700 on the hourly chart of the BTC/USD pair.

Bitcoin is now trading above $109,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $111,200 level or the 61.8% Fib retracement level of the downward move from the $114,000 swing high to the $106,717 low.

Bitcoin Price
The first key resistance is near the $111,500 level. The next resistance could be $112,500. A close above the $112,500 resistance might send the price further higher. In the stated case, the price could rise and test the $113,200 resistance. Any more gains might send the price toward the $114,000 level. The next barrier for the bulls could be $115,500.

Another Drop In BTC?
If Bitcoin fails to rise above the $111,200 resistance zone, it could start a fresh decline. Immediate support is near the $109,500 level. The first major support is near the $108,800 level.

The next support is now near the $108,500 zone. Any more losses might send the price toward the $107,400 support in the near term. The main support sits at $106,500, below which BTC might struggle to recover in the short term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

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

Major Support Levels – $109,500, followed by $108,800.

Major Resistance Levels – $111,200 and $112,500.

Ethereum price started a recovery wave from $3,700. ETH is moving higher but faces a couple of key hurdles near $3,900 and $3,955.

Ethereum started a fresh recovery above $3,780 and $3,820.
The price is trading above $3,850 and the 100-hourly Simple Moving Average.
There is a bearish trend line forming with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move up if it trades above $3,920.

Ethereum Price Eyes Upside Break
Ethereum price started a minor recovery wave from the $3,710 zone, like Bitcoin. ETH price surpassed the $3,800 and $3,820 levels to enter a short-term positive zone.

The price even spiked above $3,880, but the bears were active near the 50% Fib retracement level of the downward move from the $4,110 swing high to the $3,708 low. Besides, there is a bearish trend line forming with resistance at $3,900 on the hourly chart of ETH/USD.

Ethereum price is now trading above $3,850 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $3,880 level and the trend line.

Source: ETHUSD on TradingView.com
The next key resistance is near the $3,955 level or the 61.8% Fib retracement level of the downward move from the $4,110 swing high to the $3,708 low. The first major resistance is near the $4,020 level. A clear move above the $4,020 resistance might send the price toward the $4,120 resistance. An upside break above the $4,120 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,150 resistance zone or even $4,165 in the near term.

Another Decline In ETH?
If Ethereum fails to clear the $3,900 resistance, it could start a fresh decline. Initial support on the downside is near the $3,820 level. The first major support sits near the $3,800 zone.

A clear move below the $3,800 support might push the price toward the $3,720 support. Any more losses might send the price toward the $3,650 region in the near term. The next key support sits at $3,620.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Major Support Level – $3,800

Major Resistance Level – $3,900

Hong Kong just turbocharged its crypto ambitions with the greenlight of its first spot solana ETF, setting the stage for explosive institutional inflows, deeper blockchain adoption, and a bold leap forward in Asia's digital asset race.

XRP hovers at $2.41 as MACD and SRSI flash bullish signs. Whale outflows rise, but traders eye $5 upside if support holds.

XRP is trading around $2.41, up slightly over the past 24 hours. While the price remains within a defined range, recent signals from several market watchers suggest a possible shift in direction. However, the likelihood of a correction appears firmer at the moment.

Technical Setup Suggests Room for Upside
XRP continues to move within an ascending channel that has held since late 2024. According to ChartNerd, the asset is currently testing support at the lower end of that channel, near $2.40. On the weekly chart, the MACD histogram shows a series of higher lows, even as the price trends sideways—often read as a sign of building momentum.

$XRP is showing signs of a bullish reversal on the horizon. Channel support awaits below, with HLs on the weekly MACD, and SRSI levels in oversold territory. $5 is the first move of many on the next impulse. I believe XRP will front-run within the bluechips category – #NFA pic.twitter.com/uCtPmOb2wz

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 23, 2025

The Stochastic RSI has dropped into oversold territory, printing a level of 6.24. Previous setups like this have preceded upward moves, though confirmation is still needed. ChartNerd said the first upside target in this scenario sits around $5, in line with the channel’s top range.

Near-Term Pressure Still in Play
While long-term signals look constructive, short-term charts show continued weakness. Analyst Ali Martinez shared a bearish view, noting that XRP has broken below a key support at $2.60. The current setup shows lower highs and lower lows, which supports a possible retest of $2.00.

“$XRP continues to slide. Next key target sits at $2,” Ali posted.

Unless the price reclaims the $2.60 level, the short-term structure leans bearish. This range is also consistent with levels where buying interest returned earlier this year.

Source: Ali Martinez/X
Moreover, traders are monitoring two main zones. CryptoWZRD pointed to $2.30 as a support level that could attract buyers if retested. A move above $2.55 would mark the next resistance and may set up a stronger recovery.

You may also like:

Ripple-Backed Evernorth Raises Over $1 Billion for Institutional XRP Exposure

Understanding Today’s Crash in XRP Prices: Ripple Whales Behind the Move Below $2.5?

Ripple (XRP) Pauses After Chaos: Is Wave 5 Still Coming or a New Bull Trend Emerging?

XRP closed the previous daily candle with a slight loss, while XRPBTC also moved lower. WZRD noted,

“XRP will follow XRPBTC and Bitcoin’s overall price action tomorrow.”

A move toward $2.75 remains in play if the broader market turns.

Large Holders Trim Positions
According to STEPH IS CRYPTO, wallets holding over 1 billion XRP have offloaded approximately 1.09 billion tokens since October 16. This $2.63 billion shift marks one of the larger whale moves in recent weeks. Mid-size wallets also saw declines, though at a slower pace.

Even with these movements, the price held steady between $2.33 and $2.44. Analysts described this range as an accumulation zone rather than a breakdown. Institutions appear to be rotating within the range ahead of possible catalysts.

Ripple-backed firm Evernorth announced plans to list on Nasdaq via a merger, as previously reported. The company will focus on building services around XRP, adding to market interest in the asset’s long-term outlook.

In one of the most striking moments of this cycle, gold has lost trillions in market capitalization, a drawdown larger than the entire value of Bitcoin itself. The metal that once symbolized stability is now showing cracks, while BTC, the asset branded as volatile, has remained remarkably resilient.

What It Means For Bitcoin Next Market Cycle
For decades, gold has been hailed as the ultimate safe-haven, and it has been rock-solid. However, a seasoned financial analyst, Tom Tucker, has revealed on X that Gold, the world’s oldest store of value, has lost $2.5 trillion in market value, which is more than the entire Bitcoin market capitalization. 

Meanwhile, the crypto Fear and Greed Index is flashing extreme fear, signaling that sentiment across digital assets is near panic levels. Tom Tucker warns that traders should stay cautious, as BTC could follow the gold path.

Gold experienced a robust correction | Source: Chart from Tom Tucker on X
CryptoMichNL, the CIO and Founder of MNFund and MNCapital, has observed that gold has printed a harsh move, as it corrected by more than 8% in a single day. At the same time, Bitcoin moved up massively, but later gave back most of its gains.

According to CryptoMichNL, this turbulence in gold is not a lasting trend. The volatility of gold is extremely high, which is a direct consequence of its status as a massive outlier with an incredible parabolic run over recent months. If gold has indeed topped out, that would open the door for capital rotation towards other assets.

However, a soft Consumer Price Index (CPI) print on the horizon should trigger the potential rate cuts and the end of the US government shutdown. Otherwise, BTC’s consolidation might start running as risk-on appetite.

Why Bitcoin Will Extend Above Its Recent Consolidation
Historically, Gold has seen sharp drawdowns. Senior Analyst at CoinDesk and Advisor at Coinsilium Group and ForzaBitcoin, James Van Straten, explained that the last significant gold correction took place in August 2020. On August 6, gold hit an all-time high of $2,035, only to drop 5% on August 11, and then enter a 20% correction that lasted roughly seven months. 

During that same period, Bitcoin was consolidating below $10,000 before surging to new highs that year, a move largely fueled by COVID-19-era stimulus, which acted as a powerful accelerant.

Fast forward to today, James Van Straten believes that as BTC’s current phase is consolidating above $100,000, it may extend mid-cycle. This is due to strong parallels that gold has once again entered a significant correction, crypto liquidation events, the specter of a US government shutdown, looming rate cuts, and AI-driven capex expenditure, which continues to shape market sentiment and liquidity dynamics.

BTC trading at $108,912 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com

Alaska Air is grounding all its flights because of an IT outage

By

Lee Chong Ming

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Alaska Airlines grounded all flights on Thursday after a tech outage — its second major IT failure this year.

Mario Tama/Getty Images

2025-10-24T01:18:33Z

Alaska Airlines grounded all flights nationwide Thursday evening due to a tech outage.
The FAA said the ground stop also covered its regional arm, Horizon Air.
It's the airline's second major IT outage this year — it also grounded flights in July for that reason.

Alaska Airlines said it had grounded all flights across the US on Thursday evening after a tech outage disrupted its operations — the second major IT failure to hit the carrier this year.

The Federal Aviation Administration said the carrier also requested a more than two-hour ground stop for its subsidiary, Horizon Air.

"Alaska Airlines is experiencing an IT outage affecting operations. A temporary ground stop is in place. We apologize for the inconvenience," Alaska Airlines said in a statement on social media.

The airline advised customers to check their flight status before heading to the airport if they're scheduled to fly on Thursday night.

In response to Business Insider, Alaska Airlines said in a statement that the outage began about 3:30 p.m. on Thursday, following a failure at its primary data center.

"The IT outage has impacted several of our key systems that enable us to run various operations, necessitating the implementation of the ground stop to keep our aircraft in position," the airline said, adding that flight safety was never compromised.

The company also said the issue did not affect Hawaiian Airlines flights and that the outage was not a cybersecurity incident.

At press time, a notice on the airline's website said it's offering a "flexible" travel policy for customers who want to change or cancel their flights due to the outage.

It applies to tickets purchased on or before Thursday with original travel dates from Thursday to Friday. Travelers can rebook for new flights between Thursday and Monday.

Alaska Airlines' primary hub is on the West Coast, and it serves more than 140 destinations across 37 states and 12 countries. Its parent company, Alaska Air Group, employs over 30,000 people.

Customers took to social media to report issues accessing the airline's website and mobile app.

"Unfortunately, we are experiencing an error on our system, but our IT team is working to get this resolved as soon as possible," Alaska Airlines said in response to an X user who said she experienced issues with the airline's app.

The outage comes just as Alaska Air reported quarterly earnings this week, showing that a previous IT meltdown in July had hurt its results.

In its third-quarter report released Thursday, Alaska Air said higher fuel and non-fuel cost pressure resulting from an IT outage in July forced it to lower its full-year profit outlook.

The carrier reported adjusted earnings of $1.05 per share for the quarter, missing analysts' average estimate of $1.13 apiece.

Representatives for Alaska Airlines did not immediately respond to a request for comment from Business Insider.

Read next

Your daily guide to what's moving markets — straight to your inbox.

October 23, 2025 9:26 PM EDT | Source: Japan Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2025) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders held today, in Vancouver, British Columbia.

All resolutions put forth by the Company's Board of Directors and Management in the Company's Information Circular dated September 15, 2025, were approved by its shareholders. The following directors were re-elected for the ensuing year: Messrs. John Proust, Takashi Kuriyama, Murray Flanigan, Ian Burney, and Michael Carrick, Ms. Tanneke Heersche, and Dr. Keiko Hattori.

Davidson & Company LLP, Chartered Professional Accountants, were re-appointed as auditor for the Company and the directors of the Company were authorized to fix the remuneration to be paid to the auditor. In addition, the number of directors was fixed at seven, and shareholders approved the continuation of the Company's 2023 Omnibus Equity Incentive Plan (the "Plan").

Following the AGM, the Board of Directors appointed the following officers of the Company: John Proust as Chairman and CEO; Takashi Kuriyama as Chief Operating Officer; Vince Boon as Chief Financial Officer; Eileen Au as Corporate Secretary; Alexia Helgason as VP Corporate Communications; and Jason Letto as VP Exploration.

In regard to the Company's Market Making Services Agreement dated March 26, 2025, between the Company and Independent Trading Group (ITG) Inc. ("ITG"), the Company advises that ITG has been and will continue to (during the term of its engagement) provide the funds for the market-making activities as required pursuant to TSX Venture Exchange Policy 3.4. Further information on the Company's engagement of ITG is available in the Company's news release dated April 14, 2025.

About Japan Gold Corp.

Japan Gold Corp. is a Canadian mineral company focused on the exploration and discovery of high-grade epithermal gold deposits across the main islands of Japan. The Company holds a significant portfolio of tenements covering areas with known gold occurrences, history of mining and prospective for high-grade epithermal gold mineralization in one of the most stable and under explored countries in the world. The Japan Gold leadership and operational team of geologists, drillers and technical advisors have extensive experience exploring and operating in Japan and have a track record of discoveries world-wide. Significant shareholders include Equinox Partners Investment Management LLC and Newmont Corporation.

On behalf of the Board of Japan Gold Corp.
John Proust
Chairman & CEO

For further information, please contact:
Alexia Helgason
Vice President, Corporate Communications
Phone: +1(604) 417-1265
Email: [email protected]

Cautionary Note

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to expected or anticipated future events, including ITG's provision of funds for its market-making activities. These statements are forward-looking in nature and, as a result, are subject to certain risks and uncertainties that include, but are not limited to, general economic, market and business conditions, the Company's ability to arrange or conclude a joint venture or partnership on acceptable terms or at all; the stability of the financial and capital markets; the timing and granting of prospecting rights; the Company's ability to convert prospecting rights into digging rights within the timeframe prescribed by the Mining Act; competition for qualified staff; the regulatory process and actions; technical issues; new legislation; potential delays or changes in plans; working in a new political jurisdiction; results of exploration; and the occurrence of unexpected events. Actual results achieved may differ from the information provided herein and, consequently, readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this News Release. The Company disclaims any intention or obligation to update or revise forward‐looking information or to explain any material difference between such and subsequent actual events, except as required by applicable laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271756

Analyst’s Disclosure:I/we have a beneficial long position in the shares of EPD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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