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2025-10-02 08:26 5mo ago
2025-10-02 03:37 5mo ago
Bitcoin Price Analysis: One Last Hurdle Remains Before BTC Hits New ATH cryptonews
BTC
Bitcoin has shifted out of its “trapped between MAs and resistance” phase into a confirmed breakout, with liquidity sweeps and structural shifts tilting the bias strongly bullish.

While short-term pullbacks remain possible, the market structure now favours continuation toward $120K–$124K, where the next significant supply block and sell-side liquidity cluster await.

Technical Analysis
By Shayan

The Daily Chart
On the daily timeframe, BTC has reclaimed the 100-day MA ($114K) and surged through the midpoint of its consolidation range, pressing into the $118K zone just beneath the broader $120K–$124K supply block. This area coincides with a major order block from prior distribution, making it a critical level.

The surge confirms a bullish breakout from the recent major swing high, weakening the broader corrective structure. Although the daily candles show some rejection around $118K, the medium-term structure remains constructive. As long as BTC holds above the $112K–$114K zone — now turned into support — the path of least resistance points higher toward $120K–$124K.

The 4-Hour Chart
The 4-hour structure illustrates the breakout most clearly. After consolidating above $114K, Bitcoin broke through descending resistance, sweeping buy-side liquidity above $116K and pressing into the $118K liquidity pool.

If a pullback unfolds, the $114K–$115K demand block is the key decision point. Sustained bids here would provide the fuel for another push into the $120K–$124K supply cluster. Failure to defend it, however, could drag the price back toward $110K, though this currently appears less likely, given the momentum.

On-chain Analysis
By Shayan

The liquidation heatmap further validates the technical picture by highlighting the dense liquidity clusters currently in play. As Bitcoin rallied from the $109K demand base into the current range, a significant portion of short positions was forced out of the market, which fueled the impulsive move higher.

The heatmap now shows that a particularly heavy concentration of liquidity has formed just above the $118K–$120K region, which is exactly where the price is currently facing resistance. This cluster reflects a build-up of short positions at that level, and if Bitcoin sustains momentum above $118K, the probability of that liquidity being swept grows substantially. The forced liquidations triggered by such a move could act as a catalyst for an extended rally, pushing the asset deeper into the $120K–$124K supply zone.

Beyond this immediate resistance, the heatmap also highlights much larger liquidity concentrations sitting above the $124K swing highs, extending into the $130K–$135K region. These pools act as magnets for price in the medium term, suggesting that if the $120K barrier is cleared convincingly, the market may accelerate toward these higher ranges in search of liquidity.

On the downside, liquidity below current levels is far less concentrated compared to what sits overhead. This relative imbalance indicates that the path of least resistance remains tilted upward, provided that the $114K–$115K reclaimed support continues to hold. The recent rally has already flushed sellers from the $109K base and cleared a large portion of downside liquidity, leaving the market positioned to build on its breakout.

In summary, the heatmap confirms what the structural analysis already suggests: Bitcoin has entered into a new bullish phase, with shorts squeezed from lower levels and liquidity now stacked higher, making the $120K–$124K region the next key battleground. A decisive clearance of this zone could then set the stage for a move into the $124K–$130K liquidity band.

Tags:
2025-10-02 08:26 5mo ago
2025-10-02 03:39 5mo ago
ASTER Deposits Flows Into Binance Wallets Following CZ Endorsement, Listing Incoming? cryptonews
ASTER
Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

In a fresh development, multiple ASTER tokens have been sent to Binance spot wallets, following CZ’s endorsement of the token. Experts claim this could be a test phase towards a possible listing on the exchange.

ASTER Whale Deposits Signal Potential Binance Listing
On-chain trackers shared that multiple ASTER deposits are being made into Binance wallets, suggesting a listing could be on the horizon.

Source: X
The activity revealed that an address sent a small test transfer of 20 tokens into spot Binance wallets. It was then immediately followed by a much larger transaction worth $4.8 million. 

Traders believe this pattern matches Binance’s standard listing preparation, where exchanges test inflows and outflows before officially launching support. A user also noted the exchange may be testing token withdrawals, which often precede a spot listing.

Holy shit @binance is testing $ASTER withdrawals

You guys know what's coming.

The $3 dream is just the start pic.twitter.com/z3bvyxoFa2

— BagCalls (@BagCalls) October 2, 2025

The excitement was amplified after CZ publicly praised ASTER. The founder highlighted the exchange’s discovery that the platform had become one of the largest holders of BSC-USDT outside Binance’s own wallets. He also praised its special hidden order feature and compatibility with multiple chains.  The token price increased by more than 1,500% in a week after Zhao’s support.

The new DEX platform has quickly established itself as a leader in perpetual trading. As CoinGape previously reported, the platform led DEX volume, handling over $42 billion in 24-hour volume and generating approximately $15 million in daily protocol fees. This revenue outpaces that of its rivals.

The exchange’s success has also extended to derivatives markets. According to CoinGlass data, open interest in the token increased by 7.57% to $1.2 billion. This implies an increase in traders’ confidence and speculative activity.

Source: CoinGlass
High-Profile Investors Back ASTER
Prominent investors and celebrities have also taken an interest in the DEX token. Popular YouTuber MrBeast recently added ASTER tokens, valued at approximately $320,000. He currently holds tokens worth over $1.5 million.

Even more striking, blockchain data tied to President Donald Trump’s wallet revealed a position of 55 million ASTER tokens, worth around $112 million. His involvement has fueled speculation that the token could attract institutional-scale buyers as it gains ground in the crypto space.

Momentum has also continued to build for the project. In less than two weeks since its launch, the platform has processed more than $1 trillion in cumulative trading volume. Supporters online have celebrated the achievement, calling it a sign of long-term potential.

Congrats To The ASTER Team@Aster_DEX Has Now Done Over $1 Trillion In Total Trading Volume. ASTER Launched Two Weeks Ago.

Do You Understand How Big $ASTER Is Going To Be?!

Total Take Over Happening Right In Front Of Our Eyes

There Has NEVER Been A Worse Time To Be… pic.twitter.com/Ru3mX6gmyL

— JAKE (@JakeGagain) October 2, 2025

Meanwhile, analysts are eyeing higher targets. Crypto analyst Crypto Sheriff declared that its chart “already looks extremely bullish” and predicted the token could easily reach $5 by the end of October.

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

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
2025-10-02 08:26 5mo ago
2025-10-02 03:40 5mo ago
Altcoin Season Here? XRP, AVAX Get Major Institutional Push as Market Rallies cryptonews
AVAX XRP
Key NotesAltcoin market cap jumps to $1.12 trillion as October’s “Uptober” rally begins.XRP surges 4.5% on VivoPower’s treasury expansion and large whale accumulation.Avalanche Treasury Co.announces $675M SPAC deal, boosting AVAX price.
The crypto markets are off to a strong start in October, with the combined market capitalization of altcoins surging to $1.12 trillion. Top altcoins such as XRP

XRP
$2.98

24h volatility:
4.6%

Market cap:
$178.25 B

Vol. 24h:
$6.42 B

, Solana

SOL
$223.7

24h volatility:
6.8%

Market cap:
$121.60 B

Vol. 24h:
$9.38 B

, Avalanche

AVAX
$30.63

24h volatility:
2.3%

Market cap:
$12.93 B

Vol. 24h:
$1.23 B

, and Hyperliquid

HYPE
$48.96

24h volatility:
7.9%

Market cap:
$13.26 B

Vol. 24h:
$652.20 M

all posted significant gains in the past day.

XRP Gains on Corporate Interest
XRP has posted a 4.5% increase in the last 24 hours as buyer demand continues to grow. Nasdaq-listed VivoPower International PLC revealed it had raised $19 million through an equity offering, with proceeds directed toward expanding its XRP holdings.

The company issued new shares at $6.05 each, a premium to its last closing price. This comes after an earlier Regulation S offering, marking a step forward in VivoPower’s digital treasury program.

The announcement coincided with heavy XRP accumulation by large investors. Analyst Ali Martinez noted that whales have purchased roughly 250 million XRP, worth around $745 million, since the start of the week.

250 million $XRP bought by whales in 48 hours! pic.twitter.com/S0DZYQms7i

— Ali (@ali_charts) October 1, 2025

According to the data by CoinMarketCap, 24-hour trading volume has jumped by 33%, with XRP currently testing the crucial $3.0 zone. Analysts suggest that if the token closes above this level, a move toward $3.5 could follow.

AVAX Strengthens on $675M SPAC Deal

Avalanche Treasury Co. (AVAT) also announced a $675 million business combination with Nasdaq-listed Mountain Lake Acquisition Corp. (MLAC). The deal includes $460 million in treasury assets, part of which has already been allocated to AVAX purchases.

AVAT disclosed that it has acquired $200 million in AVAX at a discount, with 18-month priority rights in place.

The market reacted positively, with AVAX climbing 3.5% in the past day, adding $350 million in market cap. The token is currently trading around $30.72 with a market cap of $12.97 billion.

Altcoin Rally Ahead?
October’s rally and upcoming ETF deadlines for several altcoins have revived hopes that the market may finally be preparing for their next big run. While optimism is rising, some analysts warn against declaring a full-blown “altcoin season.”

Crypto trader Daan Crypto Trades noted that the Total Altcoin Market Cap is retesting levels last seen in 2021. He suggested that while certain tokens are likely to outperform, the sector still needs a decisive breakout.

The Total Altcoin Market Cap is giving the 2021 highs another go.

I do still believe that we need to see a clear break and close above to really get the altcoin market properly going again.

Big runners will still be concentrated and there will be outperformers and… pic.twitter.com/RNQiSZ22yD

— Daan Crypto Trades (@DaanCrypto) October 2, 2025

The analyst explained that in previous cycles, once that collective breakout happens, it tends to attract new participants back into the market.

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

Cryptocurrency News, News

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

Parth Dubey on LinkedIn
2025-10-02 08:26 5mo ago
2025-10-02 03:47 5mo ago
XRP Price Rally Accelerates on SBI Lending Initiative and ETF Anticipation cryptonews
XRP
XRP surged to fresh highs as Japan’s SBI Holdings unveiled a new XRP institutional lending program, sparking renewed buying momentum and lifting trading volumes above 160 million tokens. The move fueled a 5.2% gain between October 1 at 03:00 and October 2 at 02:00, with XRP advancing from $2.84 to $2.97 and briefly testing $2.98 resistance. The initiative highlights Japan’s expanding role in digital asset adoption and underscores the growing institutional demand for XRP liquidity in cross-border payments.

During the rally, XRP traded within a $0.16 range, marking 5.6% volatility. The breakout began around 08:00 on October 1, when prices jumped from $2.86 to $2.92 on a surge of 164.5 million tokens—more than double the daily average. Buyers repeatedly defended $2.93 support through multiple retests, while resistance consolidated between $2.96 and $2.98. Late-session flows saw another burst of 4.8 million tokens, confirming strong institutional participation and reinforcing the bullish structure.

Technically, XRP now holds firm support at $2.93, with higher lows forming around $2.96–$2.97. This ascending setup suggests bullish continuation if buyers can secure a decisive close above $2.98. A confirmed breakout would likely pave the way for a test of the $3.00 psychological threshold, a level closely watched by traders and algorithms.

Beyond immediate price action, broader sentiment is shaped by key macro catalysts. Ripple CTO David Schwartz’s transition to an emeritus role adds intrigue to Ripple’s leadership direction, while the SEC’s October 18 decision window for seven pending spot ETF applications is looming as a defining event for XRP and the broader crypto market. With the CD20 index showing parallel rallies in other large-cap tokens, traders are focused on whether XRP can sustain momentum and build toward a confirmed breakout above $3.00.

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2025-10-02 08:26 5mo ago
2025-10-02 03:47 5mo ago
Ethereum price breaks through the $4,400 threshold cryptonews
ETH
Ethereum price has managed to break through the $4,400 psychological ceiling as it starts to test the resistance levels. Market indicators point to a bullish breakout on the horizon.

Summary

Ethereum price surpasses the $4,400 threshold, holding out above the previous resistance level and the 30-day moving average.
If ETH fails to hold up above these levels, the token could see a deeper correction that could send it tumbling back to the $4,350 to $4,360 range.

Ethereum’s surge above $4,400 is driven by strong macro and sentiment-driven catalysts. One of the main drivers of the rally is the growing market buzz surrounding crypto ETFs, especially discussions of multi-asset and altcoin ETFs joining the market in the U.S and Asia.

Lately, the U.S market is bracing for what it calls the “ETF Month” in October, which will see the final decision for at least 16 crypto ETFs backed by altcoins like Solana (SOL), Ripple (XRP), and Dogecoin (DOGE). Meanwhile in Asia, Thailand regulators are preparing to draft regulations to facilitate the expansion of the crypto ETF market to include more altcoins beyond Bitcoin.

As Ethereum (ETH) is the second-largest crypto and a foundational layer for DeFi and tokenization, the token is often seen as a prime beneficiary of institutional products that go beyond just the staple Bitcoin. According to data from SoSoValue, Ethereum spot ETFs saw $80.79 million in net inflows, also extending their streak to three consecutive days.

In addition, whale accumulation has been reported across Ethereum wallets, which aligns with the sudden spike in its price. According to data from Coinglass, daily spot trading volume for ETH rose to $7.17 billion. Meanwhile, futures trading volume has reached up to $97.3 billion. Open interest, or money locked into ETH futures, has gone up by nearly 2% to $59 billion.

On Oct. 2, Ethereum price soared by 6.7%, marking a comeback after it mostly held its ground above the $4,000 zone for the past few days. Its market cap has also seen an increase of 6.3%, amounting to $531 billion.

Ethereum price analysis
According to data from TradingView, Ethereum has pushed strongly above $4,400, printing a clear bullish breakout. The move coincided with a surge in momentum, visible in the steep rise of the price candles and the separation from the 30-period moving average, which sits lower at around $4,396.

The Relative Strength Index is currently hovering around 72, which places Ethereum in the overbought territory. This indicates that while bullish sentiment remains dominant, ETH could be at risk of a short-term pullback or consolidation as traders take profit.

Historically, readings above 70 often come before a pause in upward momentum. However, strong breakouts could also keep the RSI elevated for an extended period.

Ethereum price has risen above the 30-day moving average, indicating a breakout | Source: TradingView
Despite the risk of a short-term pullback, the breakout above $4,400 was rapid and sharp; with only a little resistance slowing ETH down. This rapid price surge suggests a wave of buy orders, possibly from whales or momentum traders, that pushed Ethereum higher in such a short span of time.

The next resistance zone for the token will be near the $4,450 to $4,500 range, a psychological round number that may attract sellers. If bulls maintain control, ETH has a chance of rising toward higher resistance zones.

On the other hand, immediate support lies around the breakout level of $4,400. If Ethereum dips below $4,400, the next cushion would be near the 30-day MA at $4,396, followed by stronger support in the $4,350 to $4,360 range. If it fails to hold above these levels, Ethereum price could trigger a deeper correction. Therefore, as long as ETH stays above $4,400, the breakout remains intact.
2025-10-02 08:26 5mo ago
2025-10-02 03:50 5mo ago
Binance Coin Surges Past Solana with $142.9 Billion Market Cap, Eyes XRP's Position cryptonews
BNB SOL XRP
Binance Coin (BNB) has firmly reestablished itself among the top cryptocurrencies after surpassing Solana and reaching a market capitalization of $142.9 billion. This milestone not only secures BNB’s place as a dominant digital asset but also highlights its resilience in a market that has been marked by uncertainty and cautious investor sentiment. By maintaining its gains above the $1,020 level, BNB now holds a commanding $28 billion lead over Solana, which sits at $119.4 billion in market value.

The momentum becomes even more noteworthy as BNB narrows the gap with XRP’s $176 billion market cap, positioning itself within striking distance of claiming the fourth spot on the global cryptocurrency leaderboard. The token’s steady rise since mid-September reflects renewed confidence in the Binance ecosystem and its capacity to withstand external pressures, including ongoing regulatory scrutiny.

From a technical perspective, BNB is showing strong bullish signals. The token trades above its key moving averages—the 50-day EMA at $905 and the 100-day EMA at $841—while the Relative Strength Index (RSI) remains just below overbought territory. Healthy trading volume further strengthens the case for continued upward momentum, suggesting that additional gains could still be on the horizon.

Market analysts point to Changpeng Zhao’s (CZ) reemergence in the public eye as a contributing factor to BNB’s rally. His presence has reassured many investors of Binance’s stability and long-term prospects, reviving trust in both the exchange and its native token. With sustained inflows, robust technicals, and growing investor confidence, BNB has proven itself a key force in the current crypto cycle.

If this momentum continues, the top five cryptocurrency rankings could soon shift, with BNB posing a real challenge to XRP’s position. This surge reinforces Binance Coin’s role as not just a utility token but a major player in shaping the broader digital asset market.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2025-10-02 08:26 5mo ago
2025-10-02 03:55 5mo ago
Ethereum Price Recovery Faces Resistance as Long-Term Holders Sell cryptonews
ETH
Ethereum (ETH) has bounced back from recent lows and is now trading near the $4,500 level, signaling a strong recovery despite selling pressure from long-term holders (LTHs). While these influential investors continue to trim their positions, other market participants are stepping in with fresh capital inflows, helping ETH maintain upward momentum.

On-chain data shows Ethereum’s Liveliness metric rising, an indicator that LTHs are actively selling. Historically, when this group reduces exposure, it increases market volatility and often sparks selling cascades. Their cautious stance suggests uncertainty about Ethereum’s ability to sustain short-term gains. Since LTHs control a significant share of supply, their actions are closely watched as a potential drag on ETH’s price.

However, Ethereum’s resilience is being supported by inflows from short- and mid-term investors. The Chaikin Money Flow (CMF) has climbed sharply, reflecting consistent buying activity and growing conviction among these groups. This demand has so far offset the effects of LTH selling, signaling broader confidence in Ethereum’s long-term value.

Currently, ETH is priced around $4,383, with the $4,500 mark acting as key resistance. Multiple attempts to flip this level into support have failed, making it a crucial barrier for determining the next trend. A breakout above $4,500 could open the path toward $4,775 and potentially retest the all-time high near $4,956. Sustained inflows would reinforce bullish momentum and strengthen Ethereum’s price outlook.

On the downside, failure to clear resistance risks a pullback toward $4,222 support, and possibly $4,074, which would weaken the bullish case. For now, Ethereum’s trajectory depends on whether inflows continue to outweigh long-term holder exits, making the coming days critical for ETH’s near-term direction.

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2025-10-02 08:26 5mo ago
2025-10-02 04:00 5mo ago
1 Top Cryptocurrency to Buy Before It Soars 792%, According to Coinbase CEO Brian Armstrong cryptonews
BTC
A number of high-profile investors -- including Cathie Wood of Ark Invest and Michael Saylor of Strategy (MSTR 5.03%) -- have already predicted big things ahead for Bitcoin (BTC 3.24%). The consensus among these bulls is that Bitcoin could hit $1 million within the next few years.

The newest member of this club is Brian Armstrong, chief executive officer of crypto exchange Coinbase Global (COIN 2.57%). So is he (and the others) right?

Image source: Getty Images.

Institutional adoption
The biggest reason to be optimistic about Bitcoin, Armstrong says, is the soaring rate of institutional adoption. Simply put, large institutional investors are now choosing to allocate a bigger and bigger portion of their portfolios to Bitcoin. That type of steady buying pressure is certain to move the price of Bitcoin upward over time.

The easiest place to see this buying pressure at work is with the spot Bitcoin exchange-traded funds (ETFs). In less than a year, these spot Bitcoin ETFs attracted more than $100 billion from investors.

Institutional adoption is also coming from Bitcoin treasury companies, all of them based on Strategy's business model of rapid Bitcoin accumulation using funds raised in the capital markets. According to the latest data from BitcoinTreasuries.net, these companies hold more than 1 million bitcoins, or about 5% of all Bitcoin in circulation. The lion's share, of course, belongs to Strategy, which has Bitcoin holdings worth an estimated $70 billion.

At the same time, the U.S. government is embracing Bitcoin as part of its overall plan to make America the "crypto capital of the world." The best evidence of this was the decision to launch a Strategic Bitcoin Reserve earlier this year. While this fund has not yet embarked on any new Bitcoin buying, the government considers Bitcoin a strategic asset worthy of stockpiling in the future.

Bitcoin's scarcity
Another factor in Bitcoin's favor is its inherent scarcity. The total lifetime supply of Bitcoin is capped at 21 million coins, and 19.9 million are already in circulation. So we are fast approaching a point where all the Bitcoin that can ever exist already circulates.

As the number of Bitcoin use cases grows, and as more institutional investors pile into Bitcoin, the demand for the coin is going to be off the charts. Soaring demand, combined with a fixed supply, should lead to higher prices. That helps to explain why Bitcoin has skyrocketed in value during the past few years.

Can Bitcoin continue to grow at its previous pace?
So far, so good. A huge ramp-up in demand, combined with the scarcity enforced by Bitcoin's inflexible and unchanging algorithm, is a catalyst for price appreciation. Any Economics 101 textbook will tell you that. It's the law of supply and demand at work.

But there's just one slight problem with this thesis. Bitcoin is only up 20% this year, in what should have been a historic barnstorming type of year. Many thought that Bitcoin would easily double in price, from $100,000 to $200,000 by the end of 2025.

If you run the numbers, a price tag of $1 million may not be within reach if Bitcoin only grows at a pace of 20% per year. Based on its current price of $114,000, a compound annual growth rate (CAGR) of 20% would only get Bitcoin to the $275,000 price level within five years.

In order to hit a price of $1 million, as Armstrong predicts, Bitcoin would need to grow at a CAGR of 55% per year. That's certainly possible, given that Bitcoin has shown the ability to crank out triple-digit percentage returns in many years.

But just how probable is it? That CAGR is higher than even the fastest-growing tech companies are producing. Nvidia (NVDA 0.43%), for example, only grew at a CAGR of 38% during the past five years.

Right now, online prediction markets are giving Bitcoin a 22% chance of hitting $150,000 this year, and only a 5% chance of hitting $200,000. The most likely outcome right now (with a 66% likelihood) is for Bitcoin to hit a price of $125,000 by year-end.

Yes, that's impressive. It would mark yet another all-time high for Bitcoin. But is it enough to keep investors coming back for more in 2026?

Dominic Basulto has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Nvidia. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy.
2025-10-02 08:26 5mo ago
2025-10-02 04:03 5mo ago
Is BNB a Millionaire-Maker Cryptocurrency? cryptonews
BNB
This coin is well designed, well managed, and it has a reasonable use case.

Lottery tickets might make headlines when someone wins, but owning increasingly valuable systems often makes millionaires. The investments that truly change a household's net worth tend to pair open-ended demand with incentives that compound over time.

But does BNB, (BNB 2.79%) the Binance crypto exchange's native token, clear the bar here? Let's analyze it and make a determination, because the buzz around this asset right now suggests that a lot of investors are looking to it for life-changing returns.

Image source: Getty Images.

What BNB is built to do
In a nutshell, BNB exists to make the Binance and the BNB Chain experiences both cheaper and smoother.

Investors who hold and use BNB on Binance receive gas fee discounts, and the token is also the gas that pays for transactions on the BNB Chain and its layer-2 (L2) network, opBNB. If you aren't familiar, Binance is one of the biggest and most important cryptocurrency exchanges, so by offering traders incentives to buy and hold BNB, it can potentially generate a lot of fees. That's assuming that the exchange itself is getting consistent traffic, which in Binance's history has not been much of a problem except when it faced legal challenges in the U.S.

Under the hood, BNB uses a proof-of-staked-authority (PoSA) model. So, holders can delegate their holdings for validators who secure the network and share fee revenue via staking. In practice, this makes BNB a productive asset inside its own ecosystem's economy rather than a purely speculative play. But the annual yield on staked BNB is usually between 3% and 7%, depending on how investors opt to stake their tokens, so there is little in the way of millionaire-maker potential via staking alone.

Other mechanisms are similarly positive, but probably not game changers from the perspective of getting rich quick.

For example, the coin has two ongoing token burning systems that tighten its floating supply. Auto-burning aims to reduce total BNB outstanding toward 100 million from its current supply of 139.1 million via regularly scheduled and automated burn events, with the burn size adjusting dynamically based on price and block production. The second function continuously destroys a portion of all collected gas fees in real time, tying the exchange's traffic to burning directly.

In other words, the coin's design gives investors plenty of reasons to keep BNB in their wallets while they're trading on Binance. That means that so long as the Binance ecosystem is healthy and growing, holders can benefit even without any headline-grabbing catalysts.

For most cryptocurrencies, this counts as a very good setup, considering that Binance itself has a good track record of remaining relevant over the years and surviving legal difficulties and bear markets alike.

The ecosystem ceiling matters here
BNB's success is tied to how large and valuable the Binance ecosystem can get.

Today, BNB trades near $950, with a market cap around $134 billion, hot off a wild rally over the last three months. What's more, the BNB Chain is busy by crypto standards, and the decentralized finance (DeFi) total value locked (TVL) on the network sits near $7.5 billion, with many millions of daily active addresses processing tens of millions of transactions. It's undeniable that Binance is generating real value here.

Therefore, the coin already reflects a mature, large-scale network that works as advertised. Once again, it bears emphasizing that in the crypto sector, it rarely gets much better than this exact scenario.

But the cloud within the silver lining is that it's likely that BNB's growth will come from onboarding more investors to the exchange, and through expanding use by existing Binance users rather than from a step change in global demand. Which is to say, growth will be incremental rather than a rocket ship, and that means BNB is simply not very likely to make anyone into a millionaire, even if it once did just that.

Could BNB still beat the market from here? Yes, it could.

Supply will continue to be in the favor of long-term holders, while the exchange's usage creates fees that sustain staking returns and might even increase them a bit, thereby incentivizing more capital to stay on the chain. Time and activity could do plenty of quiet compounding, and it is very unlikely that Binance has reached the bottom of its target market despite its prominence.

Thus BNB can still be a decent pick for patient investors who want exposure to a functioning, fee-generating network with programmatic supply reduction and staking. It is not, however, positioned like an open-architecture platform chasing the largest possible surface area that one could expect to have a chance of going to the moon. This means that, while the coin can appreciate in value significantly, expecting millionaire-maker outcomes from here is too big of a stretch to be believable.

Alex Carchidi has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2025-10-02 08:26 5mo ago
2025-10-02 04:06 5mo ago
The United Kingdom wants to keep 7 billion dollars in Bitcoin seized during a fraud cryptonews
BTC
10h06 ▪
5
min read ▪ by
Mikaia A.

Summarize this article with:

The mistake is to sell. Buying at the lowest has become a mantra in the crypto world. Past mistakes around bitcoin have served as a lesson: the United Kingdom seems determined never to give up what is now called “digital gold”. Faced with the rise of cryptocurrencies and their volatility, London adopts a firm stance: no matter the pressure, liquidation is no longer done. This refusal to liquidate reveals a strong political and symbolic ambition in the global game surrounding BTC.

In Brief

The United Kingdom holds 61,000 BTC seized during a massive Chinese-origin fraud.
The victims, 128,000 people, demand full restitution in bitcoin, not in pounds.
Authorities consider partial redistribution, based on the initial value of the losses.
A legal battle is underway, potentially lasting until 2027 according to victims’ lawyers.

The Rise of the “Bitcoin Queen” and the Record Seizure
Even before the Qian case, bitcoin-related romance scams were multiplying: a man recently lost 1.4 million dollars in crypto, believing he had found love. This story begins in China, between 2014 and 2017: Zhimin Qian launches a huge scam, promising inflated returns to thousands of investors.

The scheme collapses. Qian converts the funds into bitcoin and then flees to the United Kingdom with forged documents.

In Hampstead in 2018, law enforcement discovered 61,000 BTC in digital devices, a seizure that the British press called the largest crypto operation ever made.

Judged in September 2025 in London, Qian pleads guilty to possession and transfer of criminal property — without the core fraud, committed in China, being judged directly. A civil trial is still to come, scheduled for January 2026, opposing the United Kingdom and the 128,000 Chinese victims. 

The issue? To know whether London can legally keep or return the BTC. This case, halfway between a digital thriller and global case law, questions states’ ability to handle crypto crimes in legal gray areas.

State vs Victims: Battle Over Rights and Profit
The heart of the case is legal: to whom should the seized bitcoins belong? The United Kingdom claims to base its retention on the criminal property law. However, many specialized lawyers recall the principle of equitable tracing, which allows victims to establish ownership and recover stolen assets. 

Ashley Fairbrother said in the media: 

I’m not sure that English law is on the side of the British government regarding its ability to keep the seized Bitcoin. 

Something is wrong because the State often proposes to reimburse the original value of the fraud in fiat currency, not the current value of BTC, which causes billions of capital gains to be lost to the victims.

If the court accepts this mechanism, the United Kingdom would capture the difference, capitalizing on bitcoin’s growth over the years. The victims demand the restitution of BTC, valued today, not just the initial amount. The civil court will have to decide between national budgetary interest and an international justice of equity. 

The precedent could influence how other states handle cross-border crypto seizures in the future.

The United Kingdom Anticipates the Post-Sale: Strategic and Symbolic Posture
Selling these bitcoins would be to deny the market’s lesson: keeping is better. The United Kingdom shows that it prefers to keep this digital capital intact rather than sell it off. This choice stems from a posture of symbolic as well as economic power. London positions itself as a major player in global crypto regulation.

Here are some key facts:

61,000 BTC seized in Hampstead—the largest single seizure in the United Kingdom;
128,000 victims claim their rights against the British state;
The current value far exceeds the initial loss amount (~£5 billion);
The civil trial will open in January 2026.

This conservatism is part of a strategy: not to yield to the market, to impose case law. The United Kingdom tries to set a norm: when a state seizes cryptos, it does not sell them immediately; it keeps them as strategic assets. This stance could inspire other nations to do the same.

In the United States, selling BTC has not been discussed since Donald Trump took office. His government keeps its digital assets. Better yet: his minister Scott Bessent affirms that buying new bitcoins by the USA is not excluded. A sign that, for some, the strategy is not only to hold but also to strengthen reserves.

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Mikaia A.

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

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-10-02 08:26 5mo ago
2025-10-02 04:10 5mo ago
Pendle expands DeFi offerings to Plasma with 5 yield markets cryptonews
PENDLE XPL
Pendle Finance is integrating with Plasma’s digital bank to bring its DeFi yield products to global users, including the unbanked, unlocking new opportunities for earning on stablecoins.

Summary

Five yield markets will launch on Plasma, with APYs ranging from 12.67% (USDe) to 649% (sUSDai).
$900,000 in weekly XPL token incentives will support Yield Token holders and liquidity providers.

Pendle Finance (PENDLE) has announced its integration with Plasma Foundation’s digital bank, giving global users direct access to its DeFi yield products. At launch, five yield markets will go live on Plasma, with start dates and indicative APYs as follows:

sUSDe Pool – Launching 15 Jan 2026 | 25.9% APY | $8.74M liquidity
USDe Pool – Launching 15 Jan 2026 | 12.67% APY | $14.34M liquidity
syrupUSDT Pool – Launching 29 Jan 2026 | 190% APY | $163K liquidity
USDai Pool – Launching 19 Mar 2026 | 36.72% APY | $6.47M liquidity
sUSDai Pool – Launching 19 Mar 2026 | 649% APY | $64.8K liquidity

In addition, Pendle confirmed that $900,000 worth of XPL tokens will be distributed each week as incentives across Plasma’s markets. These rewards are expected to lift yields for Yield Token (YT) holders — who speculate on variable returns — and liquidity providers (LPs) — who earn fees by supplying capital to the markets — while Principal Token (PT) investors gain the chance to secure higher fixed rates.

The announcement follows Plasma’s mainnet beta earlier this month, which launched with over $2 billion in stablecoin liquidity and over 100 integrations. Plasma positioned itself as a stablecoin-native Layer 1 with sub-second finality and Bitcoin-secured DeFi. On day one, Ethena integrated its USDe and sUSDe stablecoins across Aave, Curve, Balancer, and Fluid, establishing them as core dollar assets.

Now, Pendle joins the network, building on this foundation to expand their adoption through its fixed- and variable-yield products. USDe is particularly noteworthy, having reached a circulating supply of over $13 billion, highlighting the scale of liquidity that both Plasma and Pendle can leverage for yield generation.
2025-10-02 08:26 5mo ago
2025-10-02 04:12 5mo ago
Plasma founder denies insider selling after XPL token plunges over 50% cryptonews
XPL
Plasma founder Paul Faecks denied accusations of insider selling after the project’s native token, XPL, dropped by over half its value over the weekend.  

On Thursday, Faecks rejected speculation that the team offloaded tokens into the market, stressing that investor and team allocations remain locked for three years with a one-year cliff. “No team members have sold any XPL,” he said.

XPL spiked to nearly $1.70 on Sunday before tumbling steadily to $0.83 by Wednesday, erasing more than 50% of its value, according to TradingView data.

Because of the dramatic drop, many community members suspected that the team may have engaged in time-weighted average price (TWAP) selling. In this algorithmic strategy, a large sell order is broken down into smaller, equally sized orders, each executed at regular time intervals. 

XPL/Tether perpetual contract chart on Binance. Source: TradingViewCommunity concerns and onchain investigationsCommunity members quickly turned to onchain analysis to investigate the flows of XPL following the dump.

Independent sleuth ManaMoon pointed to movements from the Plasma team vault. The community member stated that the wallet sent more than 600 million XPL tokens to exchanges in the days leading up to the launch. 

“Personally, I believe that someone was TWAP selling an excessive amount of tokens that retail buyers could not withstand,” ManaMoon wrote. 

Source: MelardevA community member with the handle crypto_popseye blamed the team and the algorithmic trading firm Wintermute for crashing the prices. “Plasma $xpl pretty much destroyed their chart and momentum, and I hope their project fails,” he wrote.

Despite the community’s remarks, the Plasma team denied any relationship with Wintermute and stated that they have the same information as the public. 

“We have not engaged Wintermute as a market maker and have never contracted with Wintermute for any of their services,” Faecks said. “We have the same information as the public on Wintermute’s ownership of XPL.”

Community probes ecosystem and growth tokensAfter Faecks’ post, crypto_popseye responded, questioning the founder’s message. The community member accused Faecks of using wording that ruled out team sales but left the status of other token categories, like their “ecosystem and growth” tokens, unclear. 

“Pretty clear they have been sold, but you are wording your tweet to make it seem like they haven’t been sold,” the user said. 

In his post, Faecks insisted that their team is “laser-focused on building the future of money” and will not comment further.

Cointelegraph reached out to the Plasma team for comments, but did not receive a response by publication.

Magazine: Forget The Terminator: SingularityNET’s Janet Adams is building AGI with heart
2025-10-02 08:26 5mo ago
2025-10-02 04:21 5mo ago
MANA Jumps 11%: Decentraland Tests Key Resistance as DAO Vote Heats Up cryptonews
MANA
The metaverse token rides a 17% weekly rally, crossing $0.32 as its community weighs a governance shake-up.

Published:
October 2, 2025 │ 8:00 AM GMT

Created by Gabor Kovacs from DailyCoin

Decentraland’s native token, MANA, extended its late-September rally on Thursday, surging more than 11% in the past 24 hours to reach $0.32. 

Sponsored

The move caps a 17% gain since September 25, with trading volumes jumping 102% to $33.8 million. At the same time, social media attention around the virtual-world project nearly doubled, signaling a renewed interest from investors and the community. So what is driving the rally?

Technical Breakout and Market MomentumMANA’s latest upswing has brought the token to a pivotal level. The price now sits directly on its 200-day moving average at $0.32, which acts as a resistance line. A decisive close above this threshold could spark a medium-term bullish signal after months of weakness.

Source: TradingViewMomentum indicators suggest a cautiously bullish picture. The relative strength index (RSI) stands in the mid-50s, suggesting room for further upside without yet entering overbought territory.

Still, MANA is down more than 30% year-to-date, and failure to hold the $0.32 level could see the token slip back into its prolonged consolidation range.

DAO Vote: Cost-Cutting and Governance ReformBeyond the charts, Decentraland’s community is also facing a governance crossroads. The Decentraland DAO is currently voting on whether to dissolve its DAO Committee and transfer execution duties to a new 3-of-5 multisig wallet.

The proposed wallet would require multiple independent approvals, drawing signers from the DAO Council, Security Advisory Board, the Decentraland Foundation, and a security or community representative.

The proposal follows the suspension of the DAO’s grants program, which left the committee with little work but a $7,200 monthly cost. Supporters argue that eliminating the committee will reduce unnecessary spending while maintaining operational security. As of October 2, 63% of voters support the change, while 37% oppose it. Voting is set to close on October 10.

Crypto Rebound Adds FuelMANA’s rally is also unfolding against the backdrop of a mild rebound across digital assets. On Thursday morning, the total cryptocurrency market cap rose more than 3% to $3.99 trillion. 

The Fear & Greed Index remains neutral at 42, while the Altcoin Season Index reads 59 out of 100, below peak exuberance. The average crypto RSI stands at 56.6, indicating a neutral but slightly positive trend.

Why This MattersFor now, all eyes remain on the Decentraland (MANA) $0.32 level. A strong weekly close above this line would mark a significant technical shift and potentially a new bullish rally.

Stay in the loop with DailyCoin’s top crypto news:
HBAR Explodes With Epic Green Candle, Whales Stack Up
Stripe Seeks U.S. Banking Charter, Introduces Stablecoin Issuance Tools

People Also Ask:What is Decentraland?

Decentraland is a blockchain-based virtual world where users can buy, sell, and develop virtual land, assets, and experiences. It operates on the Ethereum blockchain.

What is MANA?

MANA is the native cryptocurrency of Decentraland. It’s used to purchase virtual land, items, and services within the Decentraland ecosystem and can also be traded on crypto exchanges.

How does MANA price affect Decentraland?

MANA’s price reflects the demand for virtual assets and engagement within Decentraland. Higher MANA prices can indicate growing interest in the platform.

How does the DAO vote impact MANA holders?

The DAO vote aims to dissolve the DAO Committee and move tasks to a multisig wallet. This could reduce unnecessary spending and improve security, which may be positive for MANA’s long-term value.

Is MANA only used for gaming?

No. While Decentraland is often associated with gaming and metaverse experiences, MANA has broader utility, including governance, virtual real estate, and NFTs within the platform.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Simona Ram

Simona Ram is the senior journalist at DailyCoin, focusing on in-depth investigations of the cryptocurrency sector.
Simona has minor holdings in Bitcoin.

Read more
2025-10-02 07:26 5mo ago
2025-10-02 02:00 5mo ago
XRP Treasury Company Secures Additional $19 Million cryptonews
XRP
VivoPower, which is known as an XRP treasury company, has issued new shares in order to raise a total of $19 million. 

Notably, the publicly traded firm is raising the aforementioned sum at $6.05 per share, which is higher than the current market price. This shows that there is significant demand. 

The newly raised sum provides the company with additional liquidity for future XRP purchases.

Gaining more XRP exposure The company previously announced another share offering under Regulation S, meaning that the funds would come from non-US investors. In this case, it was a $121 million private placement led by a Saudi prince. 

After adopting the Ripple-linked token as its core asset, VivoPower then partnered with XRPL-based yield generation protocol Doppler Finance to deploy an initial $30 million of XRP. 

Last month, the company also announced that it would acquire $100 million worth of privately held Ripple shares in order to enhance its exposure to the token. 

Moreover, it announced that it would be exchanging the tokens procured with the help of its proof-of-work (PoW) mining operation for XRP. 
2025-10-02 07:26 5mo ago
2025-10-02 02:00 5mo ago
XRP Price Prediction: CTO Exit and Investor Sell Calls Clash With Bullish $4.70 Target cryptonews
XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

XRP ended Q3 2025 with a 31% rally, climbing from $2.20 in July to $2.92 by September’s close, marking one of its best quarters in years. The bullish quarterly candle was the first decisive close above long-term resistance since 2017, fueling optimism that the asset could mirror its historic breakout pattern.

Analysts like Mikybull argue that XRP’s multi-year inverse head-and-shoulders breakout sets up potential upside toward $4.70 in the near term and even higher targets over the longer cycle.

XRP's price trends to the upside on the daily chart. Source: XRPUSD on Tradingview
CTO Exit Sparks Mixed Signals for XRP Investors
Caution has returned to the XRP community after Ripple’s Chief Technology Officer, David Schwartz, unexpectedly left.

His departure has caused a split among traders: some see his final remarks as a subtle hint at XRP’s long-term potential to compete with Bitcoin, while others view it as a warning to secure profits following the token’s strong Q3 rally.

Adding to the uncertainty, several early investors on X, like Crypto Bitlord, have echoed “time to sell” calls, arguing that the recent surge could trigger a bout of volatility before institutional ETF-driven inflows materialize.

ETF Hopes Push Against Sell-Side Pressure
One of the strongest bullish drivers remains the increasing likelihood of an XRP spot ETF approval. The SEC is reviewing multiple applications, including Grayscale’s, with decisions expected between October 18 and November 14.

Prediction markets now price the approval odds at over 99%, suggesting that institutional capital could soon flood into the asset. Analysts believe that a green light could push XRP to $20–$30 by 2026, especially if inflows mirror the surges seen in Bitcoin and Ethereum ETFs earlier this year.

On-chain data also supports accumulation, with exchange reserves decreasing, indicating that tokens are moving into self-custody and staking pools. Meanwhile, open interest has grown to $1.4 billion, although options activity remains thin, leaving leveraged longs vulnerable to corrections if resistance holds.

Technical Picture: $2.96 Breakout or $2.70 Retest
Currently, XRP trades at $2.94, holding above the 200-day SMA at $2.50 while facing resistance at the 50-day SMA ($2.96). Support is in the $2.70–$2.80 range, with deeper downside risk if sellers push toward $2.50.

Momentum indicators remain neutral, with the RSI at 47, indicating room for accumulation before a significant move.

If XRP closes multiple days above $2.96, analysts expect confirmation of a new rally, targeting $3.65 in the short term and $4.70 as the next major resistance. Not breaking resistance could lead October to stay in consolidation, with November being the next breakout attempt.

Cover image from ChatGPT, XRPUSD chart from Tradingview

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.
2025-10-02 07:26 5mo ago
2025-10-02 02:00 5mo ago
WLFI whale panic sparks liquidity drain: Can bulls hold on to $0.20? cryptonews
WLFI
Key Takeaways
Are World Liberty Financial whales giving up?
Not entirely. While one whale pulled 11M WLFI worth $2.15M from liquidity and sold, creating sharp downside pressure, broader whale activity remains mixed.

What’s driving WLFI’s current selling pressure?
Futures Netflow dropped to -14.81M, retail selling volume exceeded buys by 192M WLFI — signs of aggressive sell pressure pushing the token toward $0.186 support.

World Liberty Financial [WLFI] bounced back moderately as it successfully defended the $0.20 support, after dropping to a local low $0.19. 

In fact, as of this writing, WLFI was trading at $0.200, rising by 0.92% on the daily charts. 

Before this gain, the altcoin had been on a strong downtrend, dropping by 36% over the last 30 days. Now, some market players are signaling fatigue and taking a step back. 

What are WLFI whales up to?
As WLFI dropped below $0.2, a whale panicked and hurriedly closed its positions. Per Lookonchain, a whale removed 11 million WLFI worth $2.15 million from the liquidity pool, selling them for 521 Ethereum [ETH]. 

Source: Lookonchain

Usually, when an offload occurs, it signals a lack of confidence in the market. However, not all whales exhibit this type of behavior. 

According to Nansen data, World Liberty Financial whales have recorded a positive balance change for three consecutive days. 

Source: Nansen

Over this period, whales have acquired 61 million tokens, reflecting sustained demand. 

Derivatives turn highly bearish
Interestingly, with the market showing weaknesses, investors in the Futures markets have reduced exposure. 

According to CoinGlass, Futures Inflow fell to $270.55 million while Outflow jumped to $285.36 million. As a result, Futures Netflow dropped to -$14.81 million, marking a 68% change. 

Source: CoinGlass

When Futures Outflow hikes, it suggests that traders are aggressively closing positions. 

Retail selling activity skyrockets, too 
Surprisingly, while WLFI has yet to make minimal gains, selling activity on the Spot market skyrocketed. According to Coinalyze, World Liberty Financial has recorded a negative Delta for three consecutive days. 

Over this period, the altcoin saw a cumulative total of 685.25 million in sell volume compared to 495.81 million in buy volume. 

Source: Coinalyze

As a result, the altcoin recorded a negative buy-sell delta of -192.44 million, a clear sign of aggressive selling. 

Exchange activity echoed this behavior. 

According to CoinGlass, WLFI Spot Netflow turned positive for the first time in two weeks. At press time, Netflow was $507k, indicating higher inflow — a sign of increased selling pressure. 

Source: Coinglass

Historically, increased selling activity from retail traders has resulted in intense downward pressure, often a precursor to low prices.

Is WLFI set for more losses?
World Liberty Financial is experiencing intense bearish pressure, with investors across the market selling aggressively.

As a result, the altcoin’s Stochastic RSI dropped into oversold territory, settling at 28 as of this writing. At the same time, the Relative Strength Index (RSI) fell to 44, holding within bearish territory.

Source: TradingView

Such a market setup signals higher selling pressure and weak upward momentum.

Having said that, if sellers, including whales, continue to dominate the market, WLFI will drop below $0.20 with $0.186 acting as key support.

However, if bulls establish a position in the market to defend this support level, they could push the altcoin towards $0.224 in the short term.
2025-10-02 07:26 5mo ago
2025-10-02 02:01 5mo ago
Crypto treasury ‘bubble' fears overblown: TON Strategy CEO cryptonews
TON
While a recent wave of corporate digital asset treasuries is starting to show signs of a bubble, the long-term outlook is positive, according to TON Strategy CEO Veronika Kapustina.

“I think, look, obviously, it looks like it’s a bubble. As in, all the indicators look like it’s a bubble,” Kapustina told Cointelegraph during the Token2049 conference in Singapore.

Kapustina explained that they are different from other bubbles we’ve seen in crypto and TradFi “because it’s a new segment of finance.” DATs became “the trade of the summer,” and people saw it as “fast money,” with a lot of “fast money going in,” she said. 

“So we’re now having smarter investors look at it closely and really differentiate the wheat from the chaff.” Kapustina described DATs as a “bridge between traditional finance and crypto,” adding that she doesn’t think there will be a crash, but there could be consolidation as newly launched DATs struggle to reach their targets. 

“There’s a lot of excitement for a surge in something new. Then it peters out, and a bit of consolidation, and then the real medium to long-term capital comes in,” Kapustina said.

Strategy’s Michael Saylor, the treasury pioneerKapustina explained that while Michael Saylor’s Strategy Inc. pioneered the DAT model with Bitcoin (BTC), this year has proven the model works beyond just Bitcoin, with successful launches around Ether (ETH), Solana (SOL), and her own company, which is a treasury for The Open Network’s native token, Toncoin (TON).

Kapustina said there are several evolution paths for DATs, including infrastructure provision, potential banking services and acquiring banking licenses, mergers and acquisitions, and technology bridges between chains.

Over the long term, investors will be able to appreciate the true value of DATs from a “functionality perspective, from a utility perspective, for the networks they invest in, in terms of not just being a bridge between TradFi and crypto, but securing the network,” she said. 

Crypto treasuries accumulate Corporate crypto treasuries have been hoovering up digital assets all year, despite many cryptocurrencies being close to all-time high values.

There is currently more than 1.3 million BTC worth around $157.7 billion, equating to 6.6% of the circulating supply, in public and private corporate treasuries, according to BitcoinTreasuries.NET. 

Meanwhile, Ether DATs have scooped up 5.5 million ETH worth roughly $24 billion and around 4.5% of the total supply, according to StrategicEthReserve. 

Bitcoin DATs continue to load up. Source: BitcoinTreasuries.NET. Magazine: Quitting Trump’s top crypto job wasn’t easy: Bo Hines

Additional reporting by Ciaran Lyons.
2025-10-02 07:26 5mo ago
2025-10-02 02:06 5mo ago
Michael Saylor Says CAMT No Longer a Barrier as Strategy Eyes $1 Trillion BTC cryptonews
BTC
TLDR:

Treasury and IRS interim guidance allow Strategy to exclude unrealized Bitcoin gains from CAMT liability.
Strategy recently bought 196 BTC, bringing total Bitcoin holdings to 640,031 coins.
The average cost basis of Strategy’s Bitcoin vault is approximately $73,983 per BTC.
Michael Saylor plans to build Strategy’s Bitcoin treasury toward a $1 trillion asset pile.

Something has changed in crypto tax policy. Strategy’s CEO, Michael Saylor, says new guidance from the U.S. Treasury and IRS means his company does not expect to owe the corporate alternative minimum tax (CAMT) on unrealized Bitcoin gains. 

That shift removes a major uncertainty over how Strategy reports its massive Bitcoin holdings. The move arrives as Strategy continues to stack crypto, now holding over 640,000 BTC and reaffirms its ambition to build a $1 trillion Bitcoin treasury. 

Below is what this means and how it connects to Strategy’s broader crypto strategy.

What the CAMT Update Means for Strategy and Crypto
Michael Saylor tweeted that because of Treasury and IRS interim guidance, Strategy 

“does not expect to be subject to the Corporate Alternate Minimum Tax (CAMT) due to unrealized gains on its Bitcoin holdings.”

In simple terms: gains on Bitcoin that the company hasn’t sold won’t count toward the extra tax calculation.

That’s a big relief. Previously, Strategy had disclosed that unrealized gains could trigger CAMT liability in future years. The new rules allow corporations to exclude unrealized gains and losses in calculating their adjusted financial statement income for CAMT purposes.

The IRS and Treasury released interim rules (Notice 2025-46 and 2025-49) on September 30 to clarify many CAMT issues. Among those clarifications: how fair-value accounting and mark-to-market adjustments apply. Under this guidance, Strategy expects to be exempt from CAMT on its crypto holdings.

Market reaction was swift. Strategy’s stock (MSTR) ticked higher after the news, reflecting that investors see one less tax headwind. The new guidance reduces a structural risk for companies holding Bitcoin. 

As a result of Treasury and IRS interim guidance issued yesterday, Strategy does not expect to be subject to the Corporate Alternate Minimum Tax (CAMT) due to unrealized gains on its bitcoin holdings. $MSTR https://t.co/DEgluG8oEN

— Michael Saylor (@saylor) October 1, 2025

Strategy’s Bitcoin Accumulation and the $1 Trillion Ambition
According to an earlier report by Blockonomi, Strategy disclosed it added 196 BTC,  about $22.1 million worth,  in its latest acquisition. With that purchase, it now holds 640,031 BTC in total. The average cost basis remains relatively low (about $73,983 per BTC), meaning the bulk of the position sits in paper profit.

Saylor has publicly laid out a grand ambition: to amass a $1 trillion Bitcoin treasury. He refers to Bitcoin as “digital energy, property, and capital” in cyberspace, and believes Strategy and other firms can eventually reach that scale.

That goal is audacious. To get there, Strategy would need to keep acquiring Bitcoin aggressively over many years. The new CAMT clarity helps by reducing a tax overhang that might otherwise slow accumulation.

Still, the company’s approach draws scrutiny. Some argue that its dependence on capital markets to fund these purchases introduces dilution risk. But with the CAMT question largely resolved, one major barrier to its growth path looks clearer
2025-10-02 07:26 5mo ago
2025-10-02 02:06 5mo ago
Michael Saylor Says CAMT No Longer a Barrier as Strategy Eyes $1 Trillion in BTC cryptonews
BTC
TLDR:

Treasury and IRS interim guidance allow Strategy to exclude unrealized Bitcoin gains from CAMT liability.
Strategy recently bought 196 BTC, bringing total Bitcoin holdings to 640,031 coins.
The average cost basis of Strategy’s Bitcoin vault is approximately $73,983 per BTC.
Michael Saylor plans to build Strategy’s Bitcoin treasury toward a $1 trillion asset pile.

Something has changed in crypto tax policy. Strategy’s CEO, Michael Saylor, says new guidance from the U.S. Treasury and IRS means his company does not expect to owe the corporate alternative minimum tax (CAMT) on unrealized Bitcoin gains. 

That shift removes a major uncertainty over how Strategy reports its massive Bitcoin holdings. The move arrives as Strategy continues to stack crypto, now holding over 640,000 BTC and reaffirms its ambition to build a $1 trillion Bitcoin treasury. 

Below is what this means and how it connects to Strategy’s broader crypto strategy.

What the CAMT Update Means for Strategy and Crypto
Michael Saylor tweeted that because of Treasury and IRS interim guidance, Strategy 

“does not expect to be subject to the Corporate Alternate Minimum Tax (CAMT) due to unrealized gains on its Bitcoin holdings.”

In simple terms: gains on Bitcoin that the company hasn’t sold won’t count toward the extra tax calculation.

That’s a big relief. Previously, Strategy had disclosed that unrealized gains could trigger CAMT liability in future years. The new rules allow corporations to exclude unrealized gains and losses in calculating their adjusted financial statement income for CAMT purposes.

The IRS and Treasury released interim rules (Notice 2025-46 and 2025-49) on September 30 to clarify many CAMT issues. Among those clarifications: how fair-value accounting and mark-to-market adjustments apply. Under this guidance, Strategy expects to be exempt from CAMT on its crypto holdings.

Market reaction was swift. Strategy’s stock (MSTR) ticked higher after the news, reflecting that investors see one less tax headwind. The new guidance reduces a structural risk for companies holding Bitcoin. 

As a result of Treasury and IRS interim guidance issued yesterday, Strategy does not expect to be subject to the Corporate Alternate Minimum Tax (CAMT) due to unrealized gains on its bitcoin holdings. $MSTR https://t.co/DEgluG8oEN

— Michael Saylor (@saylor) October 1, 2025

Strategy’s Bitcoin Accumulation and the $1 Trillion Ambition
According to an earlier report by Blockonomi, Strategy disclosed it added 196 BTC,  about $22.1 million worth,  in its latest acquisition. With that purchase, it now holds 640,031 BTC in total. The average cost basis remains relatively low (about $73,983 per BTC), meaning the bulk of the position sits in paper profit.

Saylor has publicly laid out a grand ambition: to amass a $1 trillion Bitcoin treasury. He refers to Bitcoin as “digital energy, property, and capital” in cyberspace, and believes Strategy and other firms can eventually reach that scale.

That goal is audacious. To get there, Strategy would need to keep acquiring Bitcoin aggressively over many years. The new CAMT clarity helps by reducing a tax overhang that might otherwise slow accumulation.

Still, the company’s approach draws scrutiny. Some argue that its dependence on capital markets to fund these purchases introduces dilution risk. But with the CAMT question largely resolved, one major barrier to its growth path looks clearer
2025-10-02 07:26 5mo ago
2025-10-02 02:13 5mo ago
[TOKEN2049] Chiliz CEO Says Fan Tokens Show Crypto's Mainstream Future cryptonews
CHZ
At Token2049 in Singapore, one of the industry’s largest annual gatherings, the focus turned to whether consumer-facing crypto products are finally ready to scale. Onstage at the panel “Mainstream Moment: Consumer Crypto at Scale,” speakers from Dapper Labs, Scale AI, and eva.world debated how far blockchain has penetrated everyday use cases. But it was Chiliz CEO Alexandre Dreyfus who drew the most attention, arguing that sports and entertainment already prove crypto’s mass-market potential.

Dreyfus said Chiliz now works with more than 80 professional sports teams and organizations worldwide, giving millions of fans the ability to participate in club decisions and access exclusive experiences through tokenized systems. Unlike speculative tokens that trade mainly on price swings, fan tokens “deliver tangible utility that consumers can feel directly,” he said.

The company is preparing to launch an online sports gaming platform later this year, which Dreyfus described as the next stage of consumer crypto — moving beyond token ownership into active engagement. “Sports fandom is one of the fastest ways to bring mainstream audiences on-chain,” he told the audience, positioning Chiliz as an early proof point for blockchain adoption at scale.

Other panelists highlighted the structural challenges still facing the sector. Roham Gharegozlou, CEO of Dapper Labs, warned that sustainable token economies remain elusive, noting that early experiments often collapsed under unsound incentive models. Alexandra Leow of Scale AI pointed to blockchain’s advantages in transparency and auditability, while Eva Wu, founder of eva.world, argued that mass adoption hinges on removing onboarding barriers such as wallet setup and seed-phrase management.

Despite these concerns, the panel converged on a common theme: consumer crypto must move beyond trading and speculation to offer clear, lasting utility. For Dreyfus, that transition is already under way. “The fandom is already on-chain,” he said. “The question now is how fast this experience can scale.”

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2025-10-02 07:26 5mo ago
2025-10-02 02:23 5mo ago
USDT liquidity flow to Ethereum could fuel altcoin season rally: CryptoQuant cryptonews
ETH USDT
Ethereum has overtaken Tron in USDT flows with analysts noting that this shift could drive an ETH-led altcoin rally as Bitcoin dominance weakens.

Summary

$26.6B in USDT flows recorded on Ethereum.
Bitcoin dominance falls to 57.4% as alts gain.
Analysts expect ETH-led altcoin season as liquidity patterns shift.

Ethereum has overtaken Tron as the main hub for USDT transfers, with $26.6 billion recorded on-chain.

According to an Oct. 2 analysis by CryptoQuant contributor BorisD, the move suggests risk appetite in crypto markets is rotating toward Ethereum (ETH). This is often a precursor to wider altcoin rallies. Tron (TRX) activity has stayed flat, indicating its flows are mostly tied to exchange and user transfers rather than leveraged positioning.

Liquidity shift favors Ethereum
Stablecoin activity doesn’t dictate immediate price moves, but it does show where capital is prepared to move next. When flows tilt toward Ethereum, traders typically increase leverage across altcoin markets. That transition often marks the start of a “risk-on” cycle, with volatility rising as capital rotates away from Bitcoin (BTC).

This trend comes as October, often referred to as “Uptober”, begins with historical tailwinds. Over the past decade, Bitcoin has averaged 21.8% monthly gains in October. But the latest market data points to altcoins gaining more traction, with Ethereum dominance slipping and capital flowing toward high-beta tokens like Solana and decentralized exchange assets.

Signs of altcoin season building
Over 75% of the top altcoins have outperformed Bitcoin over the last 90 days, as per the Altcoin Season Index, which has risen to 76 out of 100, its highest level since Dec. 2024. The market value of altcoins, apart from Bitcoin and stablecoins, has more than doubled in the last month, reaching $1.63 trillion.

Meanwhile, Bitcoin dominance has dropped below 60% for the first time since July, highlighting rotation into smaller-cap assets. Additionally, analysts point out that substantial USDT mints, with values ranging from $1 billion to $3 billion, have been placed into exchanges, offering liquidity that often comes before sharp, high-risk asset movements.

Regulatory and macro drivers add to the setup. Recent rate cuts by the Federal Reserve and impending Securities and Exchange Commission rulings regarding spot ETFs for assets like Litecoin and XRP are viewed as catalysts. Trump’s promise to increase the Commodity Futures Trading Commission’s role in overseeing cryptocurrency and other political support have further improved sentiment.

Current liquidity patterns indicate that Ethereum may lead the next leg higher, even though the rally’s sustainability is dependent on funding rates, open interest, and exchange inflows. If history is a guide, capital rotating through ETH before spreading to smaller altcoins could mark the start of a new cycle.
2025-10-02 07:26 5mo ago
2025-10-02 02:23 5mo ago
XRP surges 5%, offers short-term bullish bias: Check forecast cryptonews
XRP
The crypto market has turned things around following a poor start to the week. Bitcoin rallied to the $119k mark, while altcoins recorded excellent gains over the last 24 hours. XRP added 5% to its value during that period and could target new highs once it surpasses the resistance point.
2025-10-02 07:26 5mo ago
2025-10-02 02:26 5mo ago
AVAX price jumps as Avalanche Treasury Co. unveils $1B accumulation strategy cryptonews
AVAX
AVAX price shot up to hit an intraday high of $31.32 hours after the Avalanche Treasury Co., which is backed by the Avalanche foundation, announced plans to become a public vehicle dedicated to acquiring up to $1 billion worth of AVAX in its treasury.

Summary

AVAX price briefly rallied as Avalanche Treasury Co. officially announced its Nasdaq plans.
Avalanche Treasury Co. plans to allocate over $1 billion worth of AVAX tokens in the long run.

Avalanche Treasury Co. will go public through a business combination with Mountain Lake Acquisition Corp, the company said in an Oct. 1 press release. The merger is expected to be completed by the first quarter of 2026, following which the company will start trading on Nasdaq under the ticker AVAT.

Following the merger, the new entity is expected to be valued at over $675 million. Of this, approximately $460 million was raised via a funding round, which saw participation from several prominent investors, including Dragonfly, ParaFi Capital, Pantera Capital, VanEck, and Galaxy Digital, among others, along with individual backers such as Ava Labs co-founder Emin Gün Sirer.

The remainder of the value stems from the capital already held by Mountain Lake Acquisition Corp, which had previously been seeded with roughly $230 million ahead of the deal.

Upon launch, the company plans to direct its efforts and allocate its resources to the goal of becoming a strategic “growth engine” for the Avalanche ecosystem, according to CEO Bart Smith.

“We intend to deploy capital to empower the best builders and accelerate the most promising technologies on Avalanche, which we believe creates a powerful cycle of value. As the network thrives through our strategic support, the fundamental value of our own treasury can grow with it,” Smith said.

Smith, who is a Wall Street veteran with over two decades of experience at firms like Susquehanna International Group and AllianceBernstein, will lead AVAT alongside an advisory board made up of some of the most recognizable names in the digital asset space, including Aave founder Stani Kulechov, Blockworks cofounder Jason Yanowitz, and Dragonfly partner Haseeb Qureshi, with Emin Gün Sirer serving as a strategic advisor.

“This team and advisory group have the institutional credibility and crypto-native expertise to execute at scale,” said Paul Grinberg, Chairman & CEO of Mountain Lake Acquisition Corp.

Avalanche Treasury Co. to buy AVAX at a discount
As part of its goal to accumulate more than $1 billion worth of AVAX tokens, which would account for over 8% of AVAX’s circulating supply based on current prices, the company has already begun purchasing AVAX directly from the Avalanche Foundation at a discounted rate.

For its first purchase, the company acquired $200 million worth of AVAX tokens, and this structure delivers an entry point at approximately 0.77 times the net asset value, giving investors a roughly 23% discount relative to current AVAX prices and most passive ETF alternatives.

AVAX price fails to break out
Avalanche (AVAX) price initially reacted to the news and rallied a little over 2% in the hours after the news surfaced, but momentum failed to hold as it failed to decisively flip the resistance around $30-$31 into support.

AVAX price — Oct. 2 | Source: crypto.news
At press time, it had lost almost all of those gains but was still up over 30% from September lows. A major driver of these gains has been the growing institutional appetite for AVAX as a treasury asset this month.

Besides AVAT, AgriFORCE Growing Systems, a small agricultural tech company turned Bitcoin mining company, has recently announced plans to rebrand as AVAX One and pivot into a digital asset treasury model focused on Avalanche.
2025-10-02 07:26 5mo ago
2025-10-02 02:27 5mo ago
Congressman Begich pushes 1M Bitcoin for U.S. reserve cryptonews
BTC
Alaska Representative Nick Begich calls for a modernized approach to national reserves, backing a bill that would add one million bitcoins to the U.S. balance sheet as part of a diversification effort.

He commented, “I’m a believer that we need to diversify our national balance sheet. We’ve got a heavy emphasis on gold, I think we should have an additional strong emphasis on bitcoin.”

Strategy’s Michael Saylor openly supported the BITCOIN Act
Begich, together with Wyoming Senator Cynthia Lummis, reintroduced the BITCOIN Act in March, short for the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act.

The legislation, if enacted, would formally add Bitcoin to the U.S. reserve strategy, building on Trump’s executive order to hold it permanently like the country’s gold reserves. The measure outlines a five-year strategy to acquire one million bitcoins through cost-neutral means, reinforcing Trump’s directive that confiscated digital assets be retained instead of auctioned.

Crypto leaders, including Strategy’s Michael Saylor, have voiced support for the legislation and joined Begich and Lummis at a roundtable to highlight its importance. 

Introducing the bill, Begich called it a safeguard for “America’s economic future,” emphasizing the need for leadership in the digital age. He noted, “We must lead—not follow—in this digital revolution. The time to act is now.”

Recently, he also explained that Bitcoin was chosen over other cryptocurrencies because it has been in the market the longest and has a fixed supply of 21 million. However, he suggested it would be preferable if the U.S. filled the reserve through seized assets rather than direct buying, adding that future versions of the bill could remove the buying requirement altogether.

Some believe Begich is pushing for the BITCOIN Act for his personal interests
Begich’s proposal has received criticism. Noah Bookbinder, president of CREW, Citizens for Responsibility and Ethics in Washington, for instance, said that even if Begich is acting in good faith, the bill would push up the value of Bitcoin, an asset in the representative’s portfolio, noting a potential conflict of interest. He noted, “This raises all sorts of red flags.”

Nonetheless, in response to claims that the initiative would increase the value of his holdings, Begich countered that Bitcoin ownership is widespread. He added that he invests in a variety of assets and said it wouldn’t be fair to avoid pushing for ideas just because they could also benefit him.

As of August, Begich held Bitcoin worth $760,000. He claimed he started buying Bitcoin back in 2013 with a $100 purchase. Back in 2014, the Mt. Gox meltdown, however, hit him hard, wiping out the hundreds of Bitcoins he had on the platform. At today’s prices, those lost 440 coins would be worth $48 million. Luckily for him, his earliest Bitcoin buy wasn’t lost in the Mt. Gox fiasco. He held onto those coins, which have since multiplied in value.

Meanwhile, U.S. lawmakers are pressing regulators to expedite Trump’s executive order that enables crypto investments in 401(k) retirement plans. In a letter sent Monday, nine lawmakers, including House Financial Services Committee Chairman French Hill and Subcommittee on Capital Markets Chair Ann Wagner, urged SEC Chair Paul Atkins to provide “swift assistance” to the Department of Labor in adjusting current rules.

They emphasized that under Trump’s August directive on “Democratizing Access to Alternative Assets for 401(k) Investors,” the SEC must make alternative assets, including crypto, more accessible in retirement portfolios.

The lawmakers noted that they are optimistic that such moves will help the 90 million Americans currently barred from investing in alternative assets to secure a dignified, comfortable retirement.

The lawmakers emphasized that every American preparing for retirement should have the opportunity to invest in alternative assets when plan fiduciaries deem it an appropriate way to improve risk-adjusted returns. The letter was signed by Frank D. Lucas, Warren Davidson, Marlin Stutzman, Andrew R. Garbarino, Michael V. Lawler, Troy Downing, and Mike Haridopolos, alongside the lead sponsors.

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2025-10-02 07:26 5mo ago
2025-10-02 02:28 5mo ago
Tron Inc. Shares Plunge 85% Amid Broader Crypto Treasury Sell-Off cryptonews
TRX
Tron Inc., a TRX-linked treasury company, has experienced a dramatic 85% decline in its stock price since peaking at $12.80 on June 20, 2025. The Nasdaq-listed firm, which went public through a reverse merger with SRM Entertainment in late July, has been part of a larger downturn impacting crypto-linked public companies.
2025-10-02 07:26 5mo ago
2025-10-02 02:29 5mo ago
Litecoin, Stellar Lead Altcoin Rally Following Bitcoin 'Uptober' Bounce cryptonews
BTC LTC
In brief
Litecoin surged 10% to $118, while Stellar gained 9% to $0.40.
Short liquidations topped $480 million in 24 hours, as sentiment flips sentiment from fear to greed.
Traders are rotating into older coins with Bitcoin rising more than 8% since September 28.
The "Uptober" effect is in full swing. 

Kicking off what has historically been Bitcoin's strongest month, the original crypto has sparked a broad market rally, with capital rotating into older altcoins. 

The forceful move has caught many traders off guard, triggering a massive wave of short liquidations and flipping overall market sentiment from fear to greed in a matter of days.

Litecoin has taken the lead among the top cryptocurrencies, surging 10% over the last 24 hours to trade at $118.

Litecoin’s outsized gains come amid hopes of a spot ETF approval, with the Canary Litecoin ETF facing its final Securities and Exchange Commission decision deadline on October 2. 

While a U.S. government shutdown continues to weigh on investors' minds, particularly as delays at the regulator have been put on hold, some are optimistic the issue will be resolved swiftly.

Stellar has followed closely with a 9% gain, reaching $0.40.

“Macroeconomic factors such as the U.S. government shutdown concerns and a drop in private sector employment are pushing investors toward safe-haven assets like Bitcoin and Gold.” Balaji Srihari, Vice President at CoinSwitch, told Decrypt.

As a result, capital is rotating into “dino coins,” Srihari said, referring to the 2017-launched Layer 1 tokens. 

That surge has led to short liquidations exceeding $480 million in a 24-hour period, according to CoinGlass data. Compared to just $110 million in long liquidations, the disproportionate culling of bears hints at the magnitude of outsized buying pressure.

As a result, the Crypto Fear and Greed Index has shot up from fear to greed in less than a week, edging 15 points by some measures.

The seasonal uplift is what investors have dubbed "Uptober," a trend in which Bitcoin and the broader market have historically triggered an uptrend after a typically bearish September.

"‘Uptober’ refers to October’s historical trend as Bitcoin’s strongest month," explained Srihari. "Seasonality typically favors quarter four, and unlike the usual September weakness, this year Bitcoin ended September in the green, setting a higher base for October gains.” 

The world's largest crypto is up more than 3.5% over the last 24 hours and a further 8% since September 28 after rallying from $109,000 to $118,600 in quick succession.

If Bitcoin continues on this path, “we could see it hitting $140,000 soon,” he said, which could catalyze capital rotation into altcoins, sustaining the market breadth and serving as a tailwind to the ongoing rally.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-02 07:26 5mo ago
2025-10-02 02:31 5mo ago
Plasma CEO denies claims of team selling allocation as XPL token drops 45% from peak cryptonews
XPL
Plasma’s XPL token has fallen 45% from its peak, and founder Paul Faecks has denied rumors of insider selling, market maker ties, or team exits.

Summary

XPL token fell 45% from peak after launch hype.
Rumors alleged team token dumps and market maker ties.
Founder Paul Faecks denied sales, citing 3-year lockups.

The volatility followed XPL’s rapid rise after its late September launch. The token debuted around $1.00, quickly surged to an all-time high of $1.69 by Sept. 28, and then slipped back to $0.74–$1.08 within days.

The sharp decline sparked accusations on social media that Plasma insiders had sold large allocations, pointing to the team’s past ties with Blast and Blur, as well as speculation about involvement from market maker Wintermute.

Addressing the Plasma token sale
On Oct. 1, Plasma co-founder and CEO Paul Faecks addressed the claims directly on X. He said no member of the team or early investors has sold any XPL, since their allocations are subject to a three-year lockup with a one-year cliff. “All investor and team XPL is locked,” he noted, adding that circulating supply has only come from the public sale and liquidity allocations.

We’ve seen a number of rumors circulating since the launch of XPL and want to set the record straight.

1/ No team members have sold any XPL. All investor and team XPL is locked for 3 years with a 1 year cliff.

2/ Of our team of ~50, three spent time at Blur or Blast. Our team…

— Paul (@pauliepunt) October 1, 2025

On questions about team composition, Faecks stressed that only three of Plasma’s roughly 50 employees had any connection to Blur or Blast. He highlighted that the team also includes professionals with experience at Google, Facebook, Square, Goldman Sachs, and Temasek, saying it was misleading to label Plasma as “ex-Blast.”

He also addressed speculation about Wintermute, stating that Plasma “has not engaged Wintermute as a market maker and has never contracted Wintermute for any of their services.” He emphasized that the company has no insider information about Wintermute’s token holdings beyond what is publicly visible.

Building beyond the FUD
The statement comes after a highly publicized token generation event on Sept. 25 that attracted more than $3 billion in trading volume within hours and listings on major exchanges including Binance, OKX, and Upbit. 

Plasma raised $373 million in July through a public sale, well above its $50 million target, which helped fuel the hype around launch. With $2 billion in stablecoin total value locked and more than 100 decentralized finance integrations at mainnet beta, the project positioned itself as a specialized layer 1 chain for stablecoins.

Despite the strong fundamentals, community concerns intensified as early profit-taking combined with large wallet transfers visible on-chain. Some critics labeled the launch unfair to retail buyers, while others accused the team of fueling a “whale-sale.”

Faecks’ message sought to ease those doubts by reiterating that Plasma’s focus is on long-term infrastructure rather than short-term speculation.

For now, XPL trades roughly 40–45% below its peak. Whether the founder’s reassurances calm the market may depend on continued transparency, sustained adoption of Plasma’s stablecoin ecosystem, and broader conditions in the altcoin market.
2025-10-02 07:26 5mo ago
2025-10-02 02:36 5mo ago
Thai SEC to expand Crypto ETFs beyond Bitcoin cryptonews
BTC
The Thai SEC want to open the market up to exchange-traded funds backed by other digital assets outside of the typical Bitcoin ETF that exists in the market.

Summary

Thai SEC is drafting new rules to allow Crypto ETFs beyond Bitcoin, aiming to include more digital assets to attract both local and foreign investors.
By expanding access to more Crypto ETFs, Thai regulators hope to draw in young investors and boost Thailand’s position as a regional crypto hub

According to a recent Bloomberg report, the Thai Securities and Exchange Commission secretary-general Pornanong Budsaratragoon said that the agency and other regulators are in the process of drafting rules to accommodate new Crypto ETFs.

The agency is intent on exploring ETFs backed by digital assets beyond Bitcoin (BTC) to draw in more investor interest in the market. These assets will be offered by local mutual funds and institutions to local and foreign investors.

“Our possibility now is to broaden the criteria for the crypto such as a basket of cryptocurrencies. We want to have broader supply of those crypto assets in the ETFs,” said Pornanong.

This declaration coincides with a boom in Crypto ETFs in the U.S markets. Most recently, October is set to be the “ETF Month” as the SEC is expected to potentially green light at least 16 crypto ETFs, which include funds pegged to Solana (SOL), Ripple (XRP), Litecoin (LTC), Dogecoin (DOGE) and more.

Thai SEC wants to attract young investors with crypto
If Thailand manages to open its markets to more crypto-backed ETFs, it could boost liquidity and exposure for more altcoins in the market. So far, Thai investors are only able gain exposure to crypto assets by buying tokens directly on exchanges or injecting money into overseas funds through a third-party asset management firm.

The move is part of the Southeast Asian region’s efforts to transform Thailand into a crypto hub. One of the recent initiatives include rolling out policies that integrate tokenized products into mainstream investments.

According to Pornanong, the Thai SEC hopes to attract young investors by offering access to Crypto ETFs without limitations. She believes the agency’s main task is to facilitate the demand for Crypto ETFs exposure.

“Some investors, especially young people, prefer to have exposure in cryptocurrencies in their portfolios as a way to diversify,” Pornanong said.

The Thai government has been getting ready to launch a cryptocurrency sandbox for foreign tourists. In July 2025, the program has entered the public hearing stage. The program will be jointly run by the Thai SEC and the central bank. It also has the support of Gulf Binance.
2025-10-02 07:26 5mo ago
2025-10-02 02:48 5mo ago
Plasma CEO Paul Faecks denies allegations of team members selling locked XPL tokens cryptonews
XPL
CEO and founder Paul Faecks has shut down rumors about XPL after investors bashed the project for allegedly selling locked tokens, which could have been the reason why the token tanked by almost 45% in price in the last four days.

The Tether-backed Layer-1 stablecoin-focused payments network came under fire this week after online chatter that team members had sold locked XPL tokens spread. Trying to calm the community, Paul issued a rebuttal statement on X on Thursday, insisting that no such sales had taken place.

“No team members have sold any XPL,” he wrote. “All investor and team XPL is locked for three years with a one-year cliff.”

Accusations spew in relations with other projects
The allegations directed at Plasma went beyond insider token sales to accusations that most members of its development team came from Blast and Blur, two projects that are down 99% from their all-time-high price levels at the time of this publication.

Faecks told the community that only three of Plasma’s roughly 50 employees had worked at either Blast or Blur. 

“Our team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. To say our team is ‘ex-Blast’ is to say it is ‘ex’ of any of these firms. We are proud of the team we’ve assembled at Plasma,” he surmised.

The project founder also addressed the rumors about supposed token transfers to Wintermute, a London-based market-making firm. On-chain data shared by an anonymous account on X suggested large quantities of XPL were moved from the Plasma Team Vault to exchanges, totaling more than 600 million tokens by late September.

OK so I actually dug into what happened with $XPL, the vaults, and the Wintermute accusations.

First, I wanted to see where the Plasma Team Vault was sending their tokens so I looked at each notable transfer from their vault.

Vault address:… https://t.co/xZgm9D2u0U pic.twitter.com/lKbWmuh2AA

— ManaMoon (@ManaMoonNFT) September 30, 2025

According to the analysis, approximately 250 million XPL were sent to Binance, 120 million to Bitfinex, and another 260 million to other centralized exchanges. The account, going by the username ManaMoonNFT, suggested Wintermute wallets may have handled a significant share of these tokens, adding fuel to the suspicions of coordinated selling by the Plasma team.

“The Wintermute Binance deposit also received a lot of tokens from exchanges and seemed to have started marketmaking a bit on day 1, but the activity and size of tokens moved seemed to increase starting day 2… If team selling happened, it was probably on Binance,” the user wrote.

Faecks denied having any relationship with Wintermute by insisting Plasma “has not engaged Wintermute as a market maker.” 

“We have never contracted with Wintermute for any of their services. We have the same information as the public on Wintermute’s ownership of XPL. Plasma is laser-focused on building the future of money and won’t be commenting further. Now back to work,” the founder concluded.

XPL public sale and token allocations
XPL is the native token of Plasma that facilitates transaction settlement, staking rewards for validators, and ecosystem incentives. According to the project developers, the token has a similar function to Bitcoin on the Bitcoin blockchain and Ether on Ethereum, acting as both a utility and reward mechanism.

During its public sale held on July 17, 10% of the 10 billion tokens XPL supply, equivalent to one billion tokens, was distributed to deposit campaign participants. 

Coins purchased by non-US buyers were unlocked at the launch of Plasma’s public mainnet beta on September 25, while those acquired by US investors are subject to a 12-month lock-up ending July 2026.

According to Plasma’s insight on XPL allocations. 40% of the total supply, or four billion tokens, were reserved for ecosystem and growth purposes. Of this total, 800 million were unlocked immediately at mainnet beta to fund liquidity, DeFi incentives, and exchange integrations. 

3.2 billion tokens are being released monthly over three years, reaching full unlock by the third anniversary of the mainnet beta, which falls around September 2028. The development team holds about 2.5 billion tokens locked under a one-year cliff for one-third of the allocation and gradual release of the remainder over two years, as Paul insinuated.

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2025-10-02 07:26 5mo ago
2025-10-02 02:56 5mo ago
Bitcoin price rebounds to $118K as U.S. government shutdown fuels safe-haven demand cryptonews
BTC
Bitcoin price has registered a strong recovery as trading activity surged and investors turned to digital assets during the U.S. government shutdown. Bitcoin climbed back to $118,473 on Oct. 2, up 3.
2025-10-02 07:26 5mo ago
2025-10-02 03:00 5mo ago
Ethereum's Uptober at Risk? Key Data Reveals Growing Investor Caution cryptonews
ETH
Ethereum staking growth has stalled at 36 million ETH, signaling rising investor caution post-Merge.ETF inflows into Ethereum have flattened since August, undermining a key bullish narrative.Stablecoin netflows to exchanges have turned negative, reducing spot liquidity for ETH upside.Ethereum (ETH) is entering October with heightened expectations as optimism around “Uptober” fuels hopes of a strong rally.

Yet beneath the surface, several concerning signals suggest Ethereum investors may need to tread carefully.

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The positive sentiment comes after the second-largest altcoin on market cap metrics recorded significant Ethereum ETF inflows in Q3 and enjoyed a broader positive sentiment across the crypto market, especially from institutions.

However, on-chain data paints a different picture, showing looming risks as investors progressively show caution.

Staking Growth Has Stalled
One of Ethereum’s biggest strengths since the Merge has been the steady rise in staked ETH. However, that trend has now stalled.

According to CryptoQuant data, the valid ETH balance of the Ethereum deposit contract has flattened since around July 20, holding steady at around 36 million ETH.

Total value of ETH Staked. Source: CryptoQuant
This stagnation points to greater caution among investors regarding staking ETH in DeFi protocols. For months, staking growth provided a structural tailwind for Ethereum, locking up supply and reinforcing the network’s security.

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The chart shows that the Ethereum price rally coincided with an increase in staking, just as the lull aligned with price stagnation.

A pause in this trajectory suggests investors are weighing risks more carefully, potentially due to market uncertainty, yield compression, or capital rotation to Bitcoin.

ETF Buying Momentum Has Faded
Another risk comes from Ethereum ETFs (exchange-traded funds). After initially attracting inflows earlier this year, accumulation has slowed dramatically.

Data from StrategicETHReserve.xyz shows that ETH ETF holdings have stopped rising since early August, as inflows and outflows reached a fragile balance.

Ethereum ETF Inflows. Source: StrategicETHReserve.xyzSponsored

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This lack of net buying undermines a key bullish narrative. ETFs were expected to provide a steady demand base for Ethereum, similar to how Bitcoin ETFs absorbed institutional interest.

Instead, ETH ETF flows now reflect hesitation, suggesting that while buying demand exists, it only matches the selling pressure. Ethereum’s price pushing decisively higher may hinge on ETFs returning to net accumulation.

Stablecoin Liquidity Is Drying Up
Perhaps the most immediate concern is liquidity. On-chain data shows that average stablecoin netflows to centralized exchanges (CEXs) have turned negative since September 22.

Stablecoin flows into CEXs. Source: CryptoQuant
This trend, highlighted by on-chain analyst Axel Adler, indicates that less capital is available for spot buying activity.

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“Average Stablecoin NetFlow to CEX has gone negative and declining since September 22. Spot liquidity is decreasing, while BTC price remains elevated. This is a concerning signal,” wrote Adler.

He added that while ETFs brought $947 million in inflows over the past few days, that support alone may not be enough to sustain a full Uptober rally without stronger spot liquidity.

Balancing Optimism with Risk
Nonetheless, Ethereum’s fundamentals remain strong, and October could still deliver upside if broader risk appetite continues to improve.

ETF inflows into Bitcoin and bullish seasonality trends are providing a supportive backdrop. Yet these risks (stalled staking, stagnant ETF demand, and shrinking spot liquidity) offer important context against overly optimistic predictions.

Understanding these undercurrents can help minimize losses if the market moves against expectations. Therefore, investors should exercise caution and conduct their own research as October could bring both opportunity and disappointment.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-02 07:26 5mo ago
2025-10-02 03:00 5mo ago
Rumble At The Core: How Tether Plans To Dominate The US Stablecoin Market cryptonews
USDT
Tether, the powerhouse behind the world’s largest stablecoin by trading volume, USDT, has unveiled a strategic plan to expand its presence in the US market, a landscape that has evolved significantly under the Trump administration. 

With the recent enactment of the GENIUS Act, which establishes a new regulatory framework for stablecoins and cryptocurrency firms issuing dollar-pegged cryptocurrencies, Tether is eager to capitalize on these developments.

Tether’s US Market Comeback
In a recent interview with Bloomberg, Tether’s CEO, Paolo Ardoino, reaffirmed the firm’s plans to launch a new token, USAT, designed to comply with US regulations. Central to Tether’s strategy is its partnership with Rumble, a growing video platform with a substantial user base. 

Notably, Tether holds a 48% stake in Rumble, following a notable $775 million investment in the company made in 2024. Ardoino emphasized the significance of Rumble’s 51 million monthly active users, stating, “That is already a huge amount of users if you compare to what the competition has now in the United States.”

The US stablecoin market includes Circle (CRCL), the issuer of the second-largest dollar-pegged cryptocurrency, USD Coin (USDC), and a host of new entrants in the stablecoin arena. 

The Trump administration has prioritized the growth of privately issued stablecoins, particularly through the GENIUS Act, which aims to create a supportive environment for issuers. 

Tether, having faced scrutiny in the past—including a $41 million fine for allegedly misrepresenting its reserves—has recently made a concerted effort to re-establish its foothold in the US market. 

Aiming For $500 Billion Valuation
With a profit of $4.9 billion recorded in the second quarter of the year, Tether has strategically invested its reserves in cash-like assets, including US Treasuries, generating significant interest income. 

The company’s recent ventures also extend into various industries, encompassing artificial intelligence (AI), energy, and commodities. Ardoino outlined that Rumble’s upcoming crypto wallet will play a crucial role not only for USAT but also for Tether’s tokenized gold product.

Rumble’s CEO, Chris Pavlovski, echoed Ardoino’s sentiments, stating that the partnership embodies the principles of free speech and decentralized finance (DeFi). 

“Rumble represents free speech just as Tether’s cryptocurrency and a decentralized internet represent true liberty,” he noted, highlighting the shared vision that unites the two companies.

Additionally, Tether is seeking to raise up to $20 billion for a 3% stake, potentially valuing the company at around $500 billion. Ardoino described this valuation as a bargain, although he did not provide detailed calculations. 

Should this fundraising effort succeed, Tether plans to allocate part of the proceeds towards developing an artificial intelligence platform designed to function on low-cost smartphones in emerging markets, particularly in Africa and South America.

Tether’s CEO also mentioned the creation of an offline, artificial intelligence-powered language translation application as part of this initiative.

The daily chart shows the total crypto market capitalization surging near the $4 trillion mark. Source: TOTAL on TradingView.com
Featured image from DALL-E, chart from TradingView.com 
2025-10-02 07:26 5mo ago
2025-10-02 03:05 5mo ago
Nasdaq's VisionSys AI Targets $2B Solana Treasury as Expert Predicts SOL Price Rally to $290 cryptonews
SOL
TLDR:

VisionSys AI announced a $2B Solana treasury initiative in partnership with Marinade Finance to strengthen its corporate balance sheet.
The first phase aims to acquire and stake $500M in Solana within six months through Marinade’s staking protocol.
Marinade Finance will manage staking, compliance, and performance optimization for VisionSys’s Solana treasury strategy.
Solana traded at $225.22 after the news, with a 7.83% daily and 10.33% weekly price increase, according to CoinGecko.

Nasdaq-listed VisionSys AI is moving billions into crypto. The company has unveiled a new plan that could reshape how corporate treasuries manage digital assets. It involves building one of the largest Solana reserves ever created by a single enterprise. 

The project starts with hundreds of millions of dollars in fresh acquisitions. Investors are watching closely as the strategy takes shape.

According to a press release, VisionSys AI said it will launch a Solana-based digital treasury worth up to $2 billion. The plan is being carried out through its subsidiary, Medintel Technology Inc., in partnership with Marinade Finance.

The company stated that the first stage will focus on acquiring and staking $500 million in Solana within six months. Marinade Finance, which runs Solana’s largest staking protocol, will be the exclusive partner managing the process.

Executives described the move as part of a long-term plan to boost liquidity and shareholder value. VisionSys CEO Heng Wang noted that the project also involves exploring AI-driven treasury management and token models built on Solana.

Marinade Finance confirmed that its role includes ensuring security, compliance, and performance optimization. The platform supports more than 154,000 Solana holders and has undergone multiple independent security audits.

SOL Price Gains Momentum as Expert Eyes $290
The announcement arrived as Solana’s price saw renewed strength. Data from CoinGecko shows the asset trading at $225.22 after a 7.83% gain in 24 hours. The token also climbed 10.33% over the past week, backed by rising demand.

SOL price on CoinGecko
Market analyst Henry, posting under @LordOfAlts on social platform X, said Solana’s price action looked poised for another expansion phase. He pointed to the $255 level as a key confirmation point before a potential move toward the $290 range.

Henry added that Solana remained undervalued compared to its growth outlook. He described it as one of the cleanest opportunities for multiple returns in the current cycle.

After months of reaccumulation, $SOL has held the channel and bounced right where it should.

Second expansion wave for the cycle is loading i can see.

First target 290s+ but we will get major confirmation at $255 flip.

At this stage, $SOL is still cheap.

Easily one of the… pic.twitter.com/FHnQJD3N9O

— Henry (@LordOfAlts) October 1, 2025

The treasury initiative adds a layer of corporate backing to Solana’s network, while traders track its technical levels. With $500 million scheduled for deployment in the first half-year, investors expect liquidity to flow steadily into the market.

The partnership with Marinade ties artificial intelligence to blockchain infrastructure in a rare way. VisionSys said its proprietary algorithms will integrate with Solana’s chain to test new DeFi solutions. 

For now, though, attention stays on the execution of the $500 million target before the full $2 billion plan can unfold.
2025-10-02 07:26 5mo ago
2025-10-02 03:07 5mo ago
Ripple News: Nasdaq-Listed XRP Treasury Company Raises $19M to Expand Digital Asset Holdings cryptonews
XRP
Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR) has completed a $19 million equity raise through an additional common stock offering at $6.05 per share. The funds will support VivoPower’s digital asset treasury strategy, including acquiring, managing, and holding XRP for the long term.

The move adds credibility to XRP as a digital asset and also shows growing institutional interest. Treasury-focused strategies like this can provide a more stable price floor and support adoption in decentralized finance (DeFi) and other crypto applications.

XRP’s market activity shows gains above 5% on the day, rising market capitalization, and strong trading volume. Short-term momentum is pausing, however, as the MACD has turned bearish and the CRSI sits at neutral levels. 

VivoPower’s treasury strategy could influence XRP adoption beyond price movements. A well-capitalized, publicly traded company holding XRP may attract additional institutional attention and participation in the ecosystem. Analysts note that scaling this strategy could provide clearer support for XRP and signal confidence to both retail and corporate investors.

The latest offering follows VivoPower’s previous Regulation S sale, led by His Royal Highness Prince Abdulaziz bin Turki bin Talal Al Saud. The offering was conducted under a registration statement on Form F-1 (File No. 333-287060), declared effective by the SEC on May 27, 2025. A final prospectus is available on the SEC website.

VivoPower’s initiative shows how corporate treasuries can actively participate in the crypto ecosystem. By holding XRP and deploying capital strategically, the company aims to support both its treasury and the broader network. It remains to be seen how this approach affects XRP’s price stability, adoption, and institutional credibility.

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2025-10-02 07:26 5mo ago
2025-10-02 03:08 5mo ago
Uptober 2025 Forecast: Top Analyst Predicts Early Dip Before Bitcoin, Ethereum Rally cryptonews
BTC ETH
October, widely known in crypto circles as “Uptober,” is historically the most bullish month for Bitcoin and Ethereum, with an average return of almost 21%. But according to well-known trader Ash Crypto, this year’s ride may not be so smooth. He believes the market could be setting up a trap that will shake out many retail traders before the real fireworks begin.

Here’s why he believes so.

Warning of a Mid-October DropAccording to Ash, the first half of October may trick traders into believing “PUMPtober” is real. For Bitcoin, bearish technical indicators like the 4-day moving average cross point to a potential correction toward $105,000, while Ethereum may drop near $3,800 between October 15–20.

Analysts highlight that many investors who accumulated positions in late summer are now securing profits, resulting in short-term volatility and sell-offs. The move, he says, will liquidate overconfident bulls and retail investors who buy in too early.

This sharp correction, in his view, will set the stage for the real move. By shaking out weak hands, the market creates room for stronger rallies ahead.

Q4 Could Be ExplosiveAsh predicts that once traders turn bearish and shorts pile up, the market will flip direction. In the last ten days of October, he expects a breakout that could send Bitcoin surging to $150,000–$180,000 and Ethereum to $8,000–$12,000.

Since Bitcoin’s inception, October has delivered positive monthly returns 73% of the time, with average gains of roughly 29%. In 10 of the last 12 Octobers, Bitcoin posted net gains, including a 28.5% jump in 2023 and a 10.8% move in 2024

He also projects that this rally will finally unlock the long-awaited altcoin season, with select altcoins potentially gaining 10x to 50x over the next three to four months.

Planning for Both SidesAsh also made it clear that even though he’s 85% invested in the market, he’s keeping 15% in cash. This way, he can benefit if the market pumps immediately, but he also has reserves ready to buy the dip if the correction comes first. 
2025-10-02 07:26 5mo ago
2025-10-02 03:09 5mo ago
BNB Beats Solana With $142,896,778,122 Market Cap Spike, Rivals XRP cryptonews
BNB SOL XRP
Thu, 2/10/2025 - 7:09

Market structure is changing, with BNB overtaking Solana and reaching top 5, rivaling XRP

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

By easily surpassing Solana and rising to $142.9 billion, Binance Coin has solidly regained its position as one of the leading cryptocurrencies by market capitalization. As BNB consolidates gains above the $1,020 mark, it exhibits resilience, even on a market characterized by cautious sentiment, as evidenced by this dramatic market cap expansion. The growth of BNB highlights its increasing power in comparison to rivals.

After months of fierce competition, BNB has regained its dominance with a clear lead of over $28 billion, while Solana’s market capitalization is $119.4 billion. The fact that BNB is getting closer to XRP’s $176 billion valuation is more significant because it puts it within striking distance of fourth place on the cryptocurrency leaderboard.

BNB/USDT Chart by TradingViewAs far as price performance is concerned, BNB has been rising steadily since mid-September and has recovered well from a brief correction. The token trades above its two main moving averages on the daily chart, the 50 EMA at $905 and the 100 EMA at $841, indicating underlying bullish momentum. There is still potential for more upside because the trading volume is still healthy, and the RSI is just below overbought territory.

HOT Stories

CZ's comeback to thank?CZ’s resurgence in the public eye could be the part of the story driving this rally, which supports Binance’s stability at a time when industry-wide regulatory pressure is still high. Rekindled investor faith in BNB as a key asset is a result of confidence in Binance as an exchange and ongoing ecosystem growth.

Short-term volatility is unavoidable, but the bigger picture indicates that BNB may keep gaining ground in the market capitalization rankings. The top five cryptocurrencies could be rearranged if momentum continues, as the token might soon threaten XRP’s third place.

To sum up, BNB’s $142.9 billion market capitalization milestone puts XRP squarely in the sights of the public while also expanding the gap over Solana. BNB has reestablished itself as one of the most powerful participants in the current crypto cycle, thanks to strong technicals, consistent inflows and a renewed sense of confidence in its ecosystem.

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2025-10-02 07:26 5mo ago
2025-10-02 03:17 5mo ago
Solana price breaks $220 amid ETF buzz, can the rally hold? cryptonews
SOL
Solana price is back in an uptrend, posting fresh gains as ETF optimism drives market momentum.

Summary

Solana price soars past $220, trading above $225 with a 7.6% daily gain.
Industry analysts have placed the approval odds for SOL ETF at 100%.
Grayscale’s Solana ETF, set for October 10, is the first in line.
RSI and MACD support bullish momentum with the $240–$245 region as a potential target.

Solana price has pushed past the key $220 level, hitting an intraday high of $226.7 as investor sentiment strengthens. At the time of writing, SOL trades at $225.39, marking a 7.62% increase on the daily chart and a 6.86% rise over the past week.

Solana price surges as ETF odds rise to 100%
The daily chart reflects bullish conviction, with a strong candle closing above prior resistance and accompanied by a notable spike in trading volume.

Solana price chart | Source: crypto.news
Technically, SOL’s uptrend appears intact. The Relative Strength Index (RSI) stands at 54.71, signaling bullish momentum with room to run before entering overbought levels. The Moving Average Convergence Divergence (MACD) is also showing positive signs, with the MACD line nearing a bullish crossover above the signal line.

The ongoing Solana (SOL) price rally comes amid growing optimism surrounding the launch of a Solana exchange-traded fund (ETF). Bloomberg ETF analyst Eric Balchunas recently raised the odds of a Solana ETF approval to 100%, citing new generic listing standards adopted by the U.S. Securities and Exchange Commission. These streamlined regulations have removed many of the traditional barriers that delay ETF approvals.

First SOL ETF deadline comes up Oct 10 
Eight asset managers, including Franklin Templeton, VanEck, and 21Shares, have filed for a SOL ETF with several issuers already submitting revised filings in alignment with the SEC’s new guidelines. The first deadline is Oct 10 for Grayscale’s SOL ETF, while most others are set for Oct 16. If approved, the listing could inject fresh capital and propel Solana price to new highs.

For the rally to continue, buyers will need to overcome immediate resistance at $230, the upper boundary of Solana’s recent trading range. A successful breakout could lead to a climb toward the $240–$245 region, aligning with September’s peak levels. 

On the downside, the $220 zone now acts as the first line of support, with stronger demand expected near $210 if profit-taking intensifies. While momentum is clearly building, much of the rally hinges on a SOL ETF approval and sustained market interest.
2025-10-02 07:26 5mo ago
2025-10-02 03:18 5mo ago
AVAX Surges as Avalanche Treasury Co. Plans $1B Token Purchase and Public Listing cryptonews
AVAX
AVAX, the native token of the Avalanche blockchain, climbed sharply following the announcement of a public listing and major token purchase by Avalanche Treasury.
2025-10-02 05:26 5mo ago
2025-10-01 22:10 5mo ago
C3.AI SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against C3.ai, Inc. - AI stocknewsapi
AI
NEW ORLEANS, Oct. 01, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 21, 2025 to file lead plaintiff applications in a securities class action lawsuit against C3.ai, Inc. (“C3” or the “Company”) (NYSE: AI), if they purchased the Company’s securities between February 26, 2025 to August 8, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.

Get Help

C3 investors should visit us at https://claimsfiler.com/cases/nyse-ai-2/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

C3 and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On August 8, 2025, the Company disclosed disappointing preliminary financial results for 1Q 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing its poor sales results and lowered guidance to “the reorganization with new leadership” as well as the health ailments of its Chief Executive Officer.

On this news, the price of C3’s shares fell from a closing price of $22.13 per share on August 8, 2025 to $16.47 per share on August 11, 2025, a decline of about 25.58%.

The case is John Liggett Sr. v. C3.ai, Inc., et al., No. 25-cv-07129.

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ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.
2025-10-02 05:26 5mo ago
2025-10-01 22:10 5mo ago
KBR SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against KBR, Inc. - KBR stocknewsapi
KBR
NEW ORLEANS, Oct. 01, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until November 18, 2025 to file lead plaintiff applications in a securities class action lawsuit against KBR, Inc. (NYSE: KBR), if they purchased or otherwise acquired the Company’s securities between May 6, 2025 and June 19, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of Texas.

Get Help

KBR investors should visit us at https://www.claimsfiler.com/cases/nyse-kbr-1 or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

KBR and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On June 19, 2025, HomeSafe Alliance (“HomeSafe”), a KBR joint venture in which KBR has a 72% economic interest, disclosed that it received “a notice from the U.S. Department of Defense's Transportation Command (TRANSCOM) terminating the Global Household Goods Contract, which HomeSafe won in 2021 to transform the military move system for the benefit of service members and their families.”

On this news, the price of KBR’s shares fell $3.85 per share, or 7.29%, to close at $48.93 on June 20, 2025. On June 23, 2025, the next trading day, KBR stock fell a further $1.30, or 2.65%, to close at $47.63 on June 23, 2025.

The case is Norrman v. KBR, Inc., et al., No. 25-cv-04464.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.
2025-10-02 05:26 5mo ago
2025-10-01 22:11 5mo ago
SELECTQUOTE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against SelectQuote, Inc. - SLQT stocknewsapi
SLQT
NEW ORLEANS, Oct. 01, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 10, 2025 to file lead plaintiff applications in a securities class action lawsuit against SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT), if they purchased the Company’s securities between September 9, 2020 and May 1, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

Get Help

SelectQuote investors should visit us at https://claimsfiler.com/cases/nyse-slqt-1/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

SelectQuote and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On May 1, 2025, the U.S. Department of Justice (“DOJ”) filed a False Claims Act complaint against the Company, alleging that, “[f]rom 2016 through at least 2021” it had received “tens of millions of dollars” in “illegal kickbacks” from health insurance companies in exchange for steering Medicare beneficiaries to enroll in the insurers’ plans, and that, in exchange for kickbacks, the Company engaged in a conspiracy with major insurers to illegally discriminate against beneficiaries deemed to be less profitable, including those with disabilities. The DOJ further alleged that the Company made materially false claims by stating it offers “unbiased coverage comparisons” when in fact it “repeatedly directed Medicare beneficiaries to the plans offered by insurers that paid them the most money, regardless of the quality or suitability of the insurers’ plans.”

On this news, the price of SelectQuote’s shares fell $0.61, or 19.2%, to close at $2.56 per share on May 1, 2025, on unusually heavy trading volume.

The case is Pahlkotter v. SelectQuote, Inc., et al., No. 25-cv-06620.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.
2025-10-02 05:26 5mo ago
2025-10-01 22:11 5mo ago
DOW SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Dow Inc. - DOW stocknewsapi
DOW
NEW ORLEANS, Oct. 01, 2025 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 28, 2025 to file lead plaintiff applications in a securities class action lawsuit against Dow Inc. (NYSE: DOW), if they purchased the Company’s securities between January 30, 2025 and July 23, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of Michigan.

Get Help

Dow investors should visit us at https://claimsfiler.com/cases/nyse-dow-1/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

About the Lawsuit

Dow and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On July 24, 2025, the Company disclosed a 2Q 2025 non-GAAP loss per share of $0.42, much larger than the approximate $0.17 to $0.18 per share loss expected by analysts, and net sales of $10.1 billion, representing a 7.3% year-over-year decline and missing consensus estimates by $130 million, “reflecting declines in all operating segments” due in part to “the lower-for-longer earnings environment that our industry is facing, amplified by recent trade and tariff uncertainties.” Further, the Company disclosed that it was cutting its dividend in half, from $0.70 per share to only $0.35 per share, citing the need for “financial flexibility amidst a persistently challenging macroeconomic environment.”

On this news, the price of Dow’s shares fell $5.30 per share, or 17.45%, to close at $25.07 per share on July 24, 2025.

The case is Sarti v. Dow Inc., No. 25-cv-12744.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com.
2025-10-02 05:26 5mo ago
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Oil and Natural Gas Analysis as OPEC+, Economic Uncertainty, and US Dollar Shape Sentiment stocknewsapi
BNO DBO GUSH IEO OIH OIL PXJ UCO USO XOP
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2025-10-02 05:26 5mo ago
2025-10-01 22:56 5mo ago
SIGMA LITHIUM TO RELEASE THIRD QUARTER 2025 EARNINGS RESULTS ON NOVEMBER 14, 2025 stocknewsapi
SGML
, /PRNewswire/ -- Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, announces today that it will release its third quarter 2025 earnings results before the market opens on Friday, November 14, 2025.

The Company will hold a conference call to discuss its third quarter 2025 earnings results shortly after, on Friday, November 14, 2025, at 8:30 a.m. EST. Access to the call will be available via webcast. A link to the webcast can be found through Sigma Lithium Corporation's website at https://sigmalithiumcorp.com.

Webcast Details:

Event Title: Sigma Lithium Third Quarter 2025 Earnings Results Call
Event Date: November 14, 2025
Start Time: 8:30 a.m. EST

Attendee URL:

https://mzgroup.zoom.us/webinar/register/WN_wNBpt5llQYyKaJmnZHOWnw

ABOUT SIGMA LITHIUM

Sigma Lithium (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34) is a leading global lithium producer dedicated to powering the next generation of electric vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate.

The Company operates one of the world's largest lithium production sites—the fifth-largest industrial-mineral complex for lithium oxide—at its Grota do Cirilo Operation in Brazil. Sigma Lithium is at the forefront of environmental and social sustainability in the electric vehicle battery materials supply chain, producing Quintuple Zero Green Lithium: net-zero carbon lithium made with zero dirty power, zero potable water, zero toxic chemicals, and zero tailings dams.

Sigma Lithium currently produces 270,000 tonnes of lithium oxide concentrate on an annualized basis (approximately 38,000–40,000 tonnes of LCE) at its state-of-the-art Greentech Industrial Lithium Plant. The Company is now constructing a second plant to double production capacity to 520,000 tonnes of lithium oxide concentrate (approximately 77,000–80,000 tonnes of LCE).

For more information about Sigma Lithium, visit our website 

Sigma Lithium
LinkedIn: Sigma Lithium
Instagram: @sigmalithium
Twitter: @SigmaLithium

FORWARD-LOOKING STATEMENTS

This news release includes certain "forward-looking information" under applicable Canadian and U.S. securities legislation, including but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes, production estimates and the operational status of the Grota do Cirilo Project, and other forward-looking information. All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company's market position and future financial and operating performance; the Company's estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company's ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company and other public filings available under the Company's profile at  www.sedarplus.com .

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE Sigma Lithium Corporation

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2025-10-02 05:26 5mo ago
2025-10-01 22:58 5mo ago
Faraday Future Successfully Concludes FX Super One Co-Creation and Sales Event in Seattle stocknewsapi
FFAI
LOS ANGELES, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the successful conclusion of its FX Super One Co-Creation and Sales Event in Seattle. The Seattle event was co-hosted with FX Co-Creation partner WeBranding and received strong support from Seattle’s largest Chinese golf club, 808, as well as the Chinese Institute of Engineers Seattle. The event attracted dozens of elite professionals from leading companies in the region, including Boeing, Amazon, Microsoft, and Meta’s Seattle office. Attendees who experienced the FX Super One provided overwhelmingly positive feedback. 

With the successful completion of the Seattle stop, the FX Super One U.S. Co-Creation and Sales Tour has now covered New York, Boston, Los Angeles, and Seattle. The Company will continue to expand its efforts with similar events planned in other strategic markets, including Texas, New Jersey, Florida, and Nevada. 

A video of the Seattle event is available here: https://youtu.be/BFpnwZC4fGE

In parallel with these sales-related activities, preparations for the FX Super One’s production and deliveries are also progressing. On October 28, the Company will host the FX Super One Middle East Final Launch event in the UAE, targeting initial deliveries in the region during the fourth quarter of 2025. Meanwhile, U.S. pre-production work—including crash testing—is progressing.

“Based on the strong positive feedback from our recent co-creation and sales events, we believe the FX Super One is positioned to become a flagship product in the First-Class EAI-MPV segment, reaffirming our strategic vision in this blue-ocean market,” said Xiao (Max) Ma, Global CEO of Faraday X.

ABOUT FARADAY FUTURE

Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The new FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. For more information, please visit https://www.ff.com/us/.

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding future FX production, delivery and sales, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to secure the necessary funding to execute on the FX strategy; the Company’s ability to secure agreements with OEMs that are necessary to execute on the FX strategy; the Company's ability to homologate FX vehicles for sale in the U.S., the Middle East, or elsewhere; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Q filed on August 19, 2025, and other documents filed by the Company from time to time with the SEC.

CONTACTS

Investors (English): [email protected]

Investors (Chinese): [email protected]

Media: [email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/ceb87833-2a05-459b-8318-8e88210290b5

https://www.globenewswire.com/NewsRoom/AttachmentNg/6bc1d07c-d171-4325-b943-e7c8638d6da7 

Faraday Future Successfully Concludes FX Super One Co-Creation and Sales Event in Seattle
Faraday Future Successfully Concludes FX Super One Co-Creation and Sales Event in Seattle, WA.

Faraday Future Successfully Concludes FX Super One Co-Creation and Sales Event in Seattle
Faraday Future Successfully Concludes FX Super One Co-Creation and Sales Event in Seattle, WA.
2025-10-02 05:26 5mo ago
2025-10-01 22:58 5mo ago
Dye & Durham Co-Founder Ronnie Wahi Intends to Reconstitute the Company's Board and Seek a Sale of the Business stocknewsapi
DYNDF
Wahi Believes that the Engine Capital-Led Board is not Engaging with Interest from Qualified Potential Acquirers at a Significant Premium While Shareholder Value Continues to be Destroyed

New Board Would Pursue a Mandate to Maximize Value for All Shareholders Through a Sale of the Entire Business

Engine Capital-Led Board has Presided Over an Almost 70% Decline in the Share Price and Led the Company to the Brink of a Debt Default

VANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Ronnie Wahi, Co-Founder, former CFO and board member of Dye & Durham Limited (“Dye & Durham” or the “Company”) (DND: TSX) today announced that he intends to nominate individuals in connection with the Company’s 2025 annual meeting of shareholders (the “Annual Meeting”), and seek to substantially reconstitute Dye & Durham’s board of directors (the “Board”).

Since Engine Capital took control of the Board in December 2024, the Company has pursued a reckless strategy which has caused a severe deterioration of revenue while ramping up spending. The result has been sharp declines in Adjusted EBITDA and cash flow, and surging leverage. Mismanagement is so pervasive that in less than a year the Company has cycled through four different CEOs and three CFOs, defaulted on its debt, faced a management cease trade order for failing to produce its FY2025 financial statements, and then went on to file two Annual Information Forms within 24 hours with materially different debt figures — all of which underscore a clear pattern of failed leadership and oversight.

Over the past several months, Mr. Wahi made repeated and ultimately fruitless attempts to constructively engage with the Board on these critical issues. The Company’s plummeting share price, now below its IPO price, is overwhelming evidence that shareholders have lost faith and are rapidly exiting the stock. The only hope for shareholders to preserve and maximize the remaining value of the business – a full sale of the Company, has been relegated to a rudderless special committee process.

Shockingly, Mr. Wahi understands that Dye & Durham continues to receive interest from qualified buyers at a significant premium to the current share price, refuses to meaningfully engage with them, and may instead be seeking value destructive sales of high growth assets.

The current state of affairs is untenable. Left with no other options, Mr. Wahi intends to nominate highly qualified individuals to reconstitute the Board at the Annual Meeting. Once elected, the new directors will pursue a mandate to maximize value for all shareholders through a sale of the entire business. The new directors will also seek to unwind any asset sales the Company undertakes prior to the reconstitution of the Board.

Mr. Wahi believes that many shareholders share his deep sense of frustration with the Board’s failure to act in the best interests of shareholders and his conviction that only a substantially reconstituted Board can protect shareholders from further value destruction.

Additional Information

The information contained in this news release does not and is not meant to constitute a solicitation of a proxy within the meaning of applicable corporate and securities laws. There is currently no record or meeting date and shareholders are not being asked at this time to execute a proxy in favour of any of Mr. Wahi’s nominees or any other matter to be acted upon at the Annual Meeting. In connection with the Annual Meeting, Mr. Wahi may file a dissident information circular (the “Information Circular”) in due course in compliance with applicable corporate and securities laws.

This news release and any solicitation made by Mr. Wahi in advance of the Annual Meeting is, or will be, as applicable, made by Mr. Wahi and not by or on behalf of the management of the Company. All costs incurred for any solicitation will be borne by Mr. Wahi, provided that, subject to applicable law, Wahi may seek reimbursement from the Company of Mr. Wahi’s out-of-pocket expenses, including proxy solicitation expenses and legal fees, incurred in connection with a successful reconstitution of the Board.

Mr. Wahi is not soliciting proxies in connection with the Annual Meeting at this time, and shareholders are not being asked at this time to execute proxies in favour of any of Mr. Wahi’s nominees (in respect of the Annual Meeting) or any matter to be acted upon at the Annual Meeting. Proxies may be solicited by Mr. Wahi pursuant to an Information Circular sent to shareholders after which solicitations may be made by or on behalf of Mr. Wahi, by mail, telephone, fax, email or other electronic means as well as by newspaper or other media advertising, and in person by directors, officers and employees of Mr. Wahi, who will not be specifically remunerated therefor. Mr. Wahi may also solicit proxies in reliance upon the public broadcast exemption to the solicitation requirements under applicable Canadian corporate and securities laws, conveyed by way of public broadcast, including through press releases, speeches or publications, and by any other manner permitted under applicable corporate and securities laws. Mr. Wahi may engage the services of one or more agents and authorize other persons to assist in soliciting proxies on behalf of Mr. Wahi.

Disclaimer for Forward-Looking Information

Certain information in this news release may constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking statements and information generally can be identified by the use of forward-looking terminology such as, but not limited to, “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “plans,” “continue,” or similar expressions suggesting future outcomes or events. Forward-looking information in this news release may include, but is not limited to, statements of Mr. Wahi regarding (i) how Mr. Wahi intends to exercise its legal rights as a shareholder of the Company, and (ii) his plans to make changes at the Board of the Company.

Although Mr. Wahi believes that the expectations reflected in any such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that (i) the Company may use tactics to thwart the rights of Mr. Wahi as a shareholder and (ii) the actions being proposed and the changes being demanded by Mr. Wahi, may not take place for any reason whatsoever. Except as required by law, Mr. Wahi does not intend to update these forward-looking statements.

Contact

Ronnie Wahi
[email protected]
2025-10-02 05:26 5mo ago
2025-10-01 22:58 5mo ago
Top 15 High-Growth Dividend Stocks For October 2025 stocknewsapi
ACN DPZ EOG FDX INTU MSCI NDSN ODFL SBAC SHW SPY TMO VIG VRSK WING WST ZTS
SummaryThe Top 15 High-Growth Dividend Stock list for October 2025 targets a 12% long-term return, despite underperforming SPY and VIG in September.These 15 stocks offer a 1.4% average yield and have grown dividends at 19.1% annually over five years, with many trading at significant discounts.Recent changes include six new additions, with expected long-term CAGRs near 20% based on dividend yield theory and valuation metrics.This watchlist is a quantitative starting point for investors seeking high-quality, undervalued dividend growers, but further research on qualitative factors is recommended.NongAsimo/iStock via Getty Images

Quality Stocks September was not a kind month for my stock selection process, as my top 15 stocks chosen for the prior month posted a loss of 1.43%. The SPDR S&P 500 Trust ETF (

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ODFL, ZTS, MSCI, DPZ, INTU, ACN, WST, SBAC 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.

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Stifel's August Client Assets Hit Record Highs: Can Growth Continue? stocknewsapi
SF
Key Takeaways Stifel's total client assets hit $532.7M in August, up 8.9% Y/Y and 1.9% sequentially.Fee-based assets climbed 14% Y/Y to $213.6M, led by strong Private Client Group growth.Bank loans rose 6.5% Y/Y, while client money market balances fell 4% from last year.
Stifel Financial Corp. (SF - Free Report) reported key operating results for August 2025, highlighting record levels of total client and fee-based assets. Total client assets grew 8.9% year over year and 1.9% sequentially to $532.7 million. The uptick was supported by strong financial advisor recruiting and favorable equity market performance.

Fee-based client assets increased 14% from the year-ago period and 2.2% month over month, reaching $213.6 million. Within this, Private Client Group’s fee-based assets totaled $186.7 million, reflecting a 13.9% year-over-year jump and a 2.2% sequential rise.

Bank loans, net (including loans held for sale), were $21.6 million, up 6.5% from the prior-year level. Meanwhile, client money market and insured product balances fell 4% year over year and nearly 1% sequentially, largely due to lower Smart Rate balances.

The company has been witnessing steady growth in client assets and fee-based client assets over the past few years. Total client assets and fee-based client assets have grown at a five-year compound annual growth rate (CAGR) of 8.8% and 10.5%, respectively, as of the end of 2024.

Going forward, with an expanding advisor base and continued gains in fee-based flows, Stifel appears well-positioned to sustain growth through the second half of 2025, assuming markets remain favorable.

Performance of Other Finance FirmsStifel’s peers, such as Charles Schwab Corp. (SCHW - Free Report) and Interactive Brokers (IBKR - Free Report) , have also been experiencing strong client activity and asset growth.

Charles Schwab’s total client assets were $11.23 trillion in August 2025, up 15.3% year over year and 2.4% from July. Core net new assets rose 35.4% year over year to $44.4 billion, though down 5.3% sequentially. Advisory assets totaled $5.66 trillion, representing 14.8% growth from the prior year. Over the past five years (ending 2024), Schwab’s client assets recorded an impressive CAGR of 20.1%, driven by strategic acquisitions and market appreciation.

Interactive Brokers reported 3.49 million Daily Average Revenue Trades (DARTs) in August 2025, rising 29% year over year despite a marginal sequential decline. Total customer accounts increased 32% year over year to 4.05 million, driven by global expansion, innovative product launches and rising investor participation. The CAGR of client DARTs of Interactive Brokers stands at 10.3% over the last five years (2019–2024), with momentum continuing in the first half of 2025.
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South Star Provides Updates on Changes to Management and Board and Provides Operational Update stocknewsapi
STSBF
- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES - VANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) -- South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to provide an update to the recent changes in management and to the Board of Directors at the Company. Appointment of Tiago Cunha as Interim CEO, President and Director Further to the news release on September 11, 2025, Tiago Cunha has assumed the role of Interim CEO, President and Director of South Star.
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Google says hackers are sending extortion emails to executives stocknewsapi
GOOG GOOGL
Alphabet's Google said hackers are sending extortion emails to an unspecified number of executives, claiming to have stolen sensitive data from their Oracle business applications.