Paladin Energy Ltd (OTCQX:PALAF) Q1 2026 Earnings Call October 13, 2025 8:01 PM EDT
Company Participants
Paul Hemburrow - MD, CEO & Director
Anna Sudlow - Chief Financial Officer
Alexander Rybak - Chief Commercial Officer
Conference Call Participants
Rahul Anand - Morgan Stanley, Research Division
Alistair Rankin - RBC Capital Markets, Research Division
Regan Burrows - Bell Potter Securities Limited, Research Division
Milan Tomic - JPMorgan Chase & Co, Research Division
Glyn Lawcock - Barrenjoey Markets Pty Limited, Research Division
Dim Ariyasinghe - UBS Investment Bank, Research Division
Presentation
Operator
Thank you for standing by, and welcome to the Paladin Energy Limited September 2025 Quarterly Results Call. [Operator Instructions] I would now like to hand the conference over to Mr. Paul Hemburrow, CEO. Please go ahead.
Paul Hemburrow
MD, CEO & Director
Good morning, everyone, and thank you for joining Paladin Energy's September 2025 Quarterly Investor Conference Call. With me today are Anna Sudlow, Chief Financial Officer; Alex Rybak, Chief Commercial Officer; and Paula Raffo, our Head of Investor Relations. We had a solid start in the first quarter of the financial year at Langer Heinrich with mining activities increasing significantly to the overall ramp are progressing steadily in line with our plan. I'd like to note some highlights achieved at Langer Heinrich during the quarter. Record quarterly production of 1.07 million pounds of uranium, the highest since the mine restart. Total material mined was up 63% from the previous quarter of the mine.
Average realized price increased to $67.4 per pound while unit production costs were $41.60 per pound. Total recordable injury frequency rate of 3.2 per million hours worked on a 12-month moving average basis, better than the company's safety target. There were no serious environmental or radiation incidents or breaches of environmental compliance requirements during the period. Importantly, for Paladin's future growth, we have made significant progress at Patterson Lake
It hasn't been an easy year for equity markets. In times like these, though, it's important to remember that the buy-and-hold approach to stock investing remains one of the best and most accessible ways to grow wealth over time. So, rather than being rattled by current market volatility or economic uncertainty, it's more helpful to focus on finding companies that can perform well over the next few decades. While most corporations can't pull that off, here are two that have what it takes: Microsoft (MSFT 0.61%) and Shopify (SHOP 1.65%). These two companies have crushed the market this year, and there is plenty of upside left for patient investors.
Image source: Getty Images.
1. Microsoft
Microsoft was among the 10 biggest stocks by market cap in 2005. It remains the only member of the top 10 ranking of 2005 to maintain a spot on the list 20 years later. That's a testament to Microsoft's longevity. Even though past successes don't guarantee future outcomes, the tech leader still possesses the qualities of a corporation capable of thriving for the next two decades. Microsoft remains by far the dominant force in the market for computer operating systems (OS). Its Microsoft 365 productivity tools are part of the day-to-day lives and operations of millions of individuals and businesses.
That's no longer Microsoft's main growth driver, but the company's deep, long-standing enterprise relationships are helping its all-important cloud computing business perform well. The company's Azure platform hosts Microsoft 365 services. For businesses that already use the latter, there are many advantages to also using the former as opposed to some other cloud service. That, combined with the tech giant's relationship with OpenAI -- perhaps the leader in AI -- is helping Microsoft gain market share against its longtime rival in the cloud, Amazon. The latter still has the edge, but Microsoft has been growing its sales faster.
The great news is that there is still plenty of room to grow, as we are still arguably in the early stages of both the cloud and AI revolutions. As Amazon CEO Andy Jassy said, some 85% of IT spending still happens on premises. Further, Microsoft benefits from a strong economic moat thanks to high switching costs and a strong brand name. So, Microsoft can ride this tailwind over the next 20 years and deliver excellent returns to its shareholders once again. The company has crushed the market this year, and there is plenty more where that came from.
2. Shopify
Shopify was founded in 2006, so it didn't exist 20 years ago. Since it came on the scene, though, it has catapulted itself as one of the leading e-commerce companies in the world. In the U.S., Shopify holds a more than 12% market share by gross merchandise volume. How did Shopify accomplish this feat? The company helped revolutionize the way merchants set up online storefronts. Shopify provides all the tools its clients need on its website. It is easy to set up and use; there is no need to be an expert in coding, and the platform is highly customizable -- all things that were lacking before Shopify came around.
Shopify also offers marketing tools, payment processing, and more. The company has evolved with the internet, enabling sales across social media channels. It recently announced a deal with OpenAI that will allow its merchants to sell products directly through ChatGPT.
Shopify has been rewarded for its efforts as the e-commerce space has grown significantly over the past 19 years. Yet, even this industry is still on a long-term growth path. While it's impossible to know what the size of the sector will be in 20 years, its penetration remains pretty low -- 16.3% as of the second quarter -- even in the U.S. Further, Shopify operates in over 175 countries, but still makes most of its money in the U.S.
International expansions should be another powerful tailwind for the e-commerce specialist. Over the next 20 years, Shopify could perform very well as it remains a leader in the field and continues to innovate. Investors should consider hopping along for the ride.
Prosper Junior Bakiny has positions in Amazon and Shopify. The Motley Fool has positions in and recommends Amazon, Microsoft, and Shopify. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
2025-10-14 03:206mo ago
2025-10-13 21:026mo ago
1 Unstoppable Stock Poised to Join Nvidia, Apple, Microsoft, Amazon, and Alphabet in the $2 Trillion Club by 2027
Semiconductors form the foundation of the artificial intelligence (AI) revolution, and this company is ringing the cash register.
The advent of artificial intelligence (AI) less than three years ago has sparked a paradigm shift in the technology space. Don't take my word for it: The world's five most valuable companies -- each with market caps of more than $2 trillion -- are leading innovators in the field of AI.
AI chipmaker Nvidia recently became the world's largest publicly traded company, valued at $4.5 trillion (as of this writing), as its graphics processing units (GPUs) became the industry standard for AI workloads. Enterprise and cloud provider Microsoft provides a growing suite of AI tools, whikch has driven its value to $3.9 trillion. With more than 1 billion iPhones in the wild, Apple has a captive audience for its Apple Intelligence (AI) ambitions, pushing its market cap to $3.8 trillion. Cloud and AI leaders Alphabet and Amazon round out the top five, boasting values of $2.9 trillion and $2.4 trillion, respectively.
With a market cap of roughly $1.5 trillion (as of this writing), Taiwan Semiconductor Manufacturing (TSM 8.01%), often referred to as TSMC, is on the fast track to join this elite fraternity. The adoption of AI continues at a hectic pace, fueling blistering demand for its most advanced chips. As the world's largest and most renowned semiconductor foundry, TSMC is on the fast track to meet the requirements for membership in this exclusive club -- and it might happen sooner than investors realize.
Image source: Taiwan Semiconductor Manufacturing.
Want chips with that?
TMSC has worked behind the scenes for years, fabricating the most advanced processors, but recently found itself in the spotlight. Management bills the company as the "world's first dedicated semiconductor foundry," making it a critical provider in the supply chain for high-performance computing (HPC) and AI.
And make no mistake, no foundry is as well-regarded as TSMC. Its customer list reads like the Who's-Who of tech glitterati, and includes Nvidia, Arm Holdings, Advanced Micro Devices, and Apple, among others.
With the surge in demand for AI-centric processors, TSMC is no longer dependent merely on smartphone chips. In fact, the lion's share of the company's revenue now comes from the advanced processors needed for HPC and AI, recently responsible for 60% of sales.
TSMC's growth continues to accelerate. In the second quarter, revenue of $30 billion grew 44% in U.S. dollars, while earnings per ADR soared 67% to $2.47. Management expects this trend to continue. TSMC is calling for third-quarter revenue of $32.4 billion in USD at the midpoint of its guidance, which would represent growth of 38%, and the company has been known to underpromise and overdeliver.
The path to $1 trillion
TSMC is in an enviable position as the world scrambles to adopt this groundbreaking technology. The company is well positioned to benefit from advances in generative AI, counting the biggest names in technology as its customers. Furthermore, TSMC's rapid revenue growth is the clearest sign yet that it is poised to profit from this opportunity. As such, TSMC should soon be joining the company of multi-trillionaires.
According to Wall Street, TSMC is on track to generate revenue of $123.3 billion in 2025, giving it a forward price-to-sales (P/S) ratio of roughly 12.8. Assuming its P/S remains constant, TSMC would have to generate revenue of roughly $156 billion annually to justify a $2 trillion market cap.
It's telling that Wall Street is forecasting revenue growth of 16% and 18% in 2026 and 2027, respectively. If the company achieves those relatively low hurdles, it will likely achieve a $2 trillion market cap sometime in 2027. That said, given the company's accelerating growth in recent years, it will likely make the grade even sooner.
Estimates regarding the market potential of AI continue to rachet higher. Global management consulting firm McKinsey & Company estimates that generative AI could add between $2.6 trillion and $4.4 trillion to the global economy annually over the coming decade. That could be conservative, as new use cases for AI are continually being developed.
Finally, at roughly 30 times forward earnings, TSMC is attractively priced, giving investors a practical way to invest in a once-in-a-generation opportunity.
Danny Vena has positions in Alphabet, Amazon, Apple, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
2025-10-14 03:206mo ago
2025-10-13 21:056mo ago
Prediction: This High-Yield Dividend King Will Outperform the S&P 500 Through 2030
In a market dominated by artificial intelligence growth stocks, PepsiCo is a contrarian pick that could deliver monster gains for patient investors.
Shares of PepsiCo (PEP -0.77%) popped 4.2% on Thursday in response to the company's third-quarter fiscal 2025 results. The stock continued to climb on Friday despite a brutal sell-off in the S&P 500.
For the quarter, organic revenue increased just 1.3% and core constant-currency earnings per share (EPS) were down 2%. But Pepsi reaffirmed its 2025 financial guidance, which includes low single-digit organic revenue and flat core constant-currency EPS compared to fiscal 2024.
Despite the poor results, investors are optimistic that PepsiCo can turn things around. The company is cutting costs through labor reductions and productivity gains that are expected to continue into the next fiscal year.
Here's why the company has what it takes to outperform the S&P 500 through 2030, and why it stands out as an excellent dividend stock for value investors to buy now.
Image source: Getty Images.
PepsiCo is open to change
On the earnings call, management said that its engagement with Elliott Investment Management, which took a $4 billion stake in PepsiCo, has been "very constructive and collaborative," especially regarding the company's plans through 2030. On the earnings call, CEO Ramon Laguarta said that he agreed with Elliott that the stock is undervalued and there are many opportunities to create shareholder value.
Activist investors like Elliott acquire large stakes in companies when they believe they have solutions to challenges. Elliott's 75-page report praised Pepsi for its international lineup of beverage and snack brands, but criticized the company's execution and its operations, suggesting a refranchised bottler network.
PepsiCo's vertically integrated bottling system is significantly different from its peer, Coca-Cola, which relies on a network of around 200 bottling partners worldwide. This structure makes it easier for Coca-Cola to pivot to changes in consumer preferences, economic conditions, and trade policy.
Laguarta said the phrase "sense of urgency" 10 times on the earnings call, aiming to usher in a new era of positive change. For now, these are just promises. Numbers will have to back up these claims.
That being said, PepsiCo's willingness to work with Elliott on portfolio transformation and cost reductions is a good sign that the company is taking its turnaround seriously and understands investor frustrations.
PepsiCo is responding to consumer demands
On the earnings call, management discussed investments in cost and portfolio transformation, as well as an increased emphasis on wellness and health-conscious consumers. Laguarta said the following in response to an analyst's question on shifting preferences toward healthier eating:
I think it's a secular trend as well that consumers will be more making choices based on clean labels, based on the ingredients in the food and not only the taste, but also the type of food that is in the brands. Therefore, some of the relaunches of the brands that we're making, whether it's Lay's or Gatorade or Tostitos, take that into consideration because I think they're very relevant going forward. Affordability is also a reality. I think when you look at low-income households or middle-income households, they're very stretched. Fixed costs of living are going up around the world. That will create the need for affordability and value and price points and cost consciousness also for the foreseeable future.
The company is recognizing the need to deliver value for consumers while also revamping its portfolio to cater to wellness trends. This isn't a new stance, as it recently acquired Sabra and Obela snack and dip products, Mexican-American food brand Siete Foods, and prebiotic soda brand Poppi. All of these brands focus on healthier options and mini-meals rather than heavily processed salty snacks.
Pepsi has market-beating potential
Although quarterly results were poor, the long-term investment thesis is strengthening as Pepsi looks to return to growth. The stock is a great buy for long-term investors who believe the company can turn around.
The stock is dirt cheap, with a forward price-to-earnings ratio of 18 and a dividend yield of 4.1%. The company has increased its dividend for 53 consecutive years, making it a Dividend King and a reliable source of passive income.
On average, the S&P 500 produces an annual total return (including dividends) of 9% to 10%. I think PepsiCo can outperform that total return through 2030 simply by growing earnings by 5% or more. If a stock is a good value (which PepsiCo is), then the stock price should grow at or above the earnings growth rate. If not, the valuation will get even less expensive.
A core part of Elliott's argument is that Pepsi's valuation will expand as its growth accelerates and it manages costs. In other words, investors will be willing to pay a high multiple relative to its earnings because the quality of those earnings is increasing. So I could see the company benefiting from better earnings growth and a valuation expansion over the next three to five years. PepsiCo's dividend alone already accounts for over a third of the total return needed to match the S&P 500 average.
All told, the stock is a no-brainer buy for value and passive income investors.
Daniel Foelber 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.
A pump jack drills oil crude near Iraan, Texas, U.S., March 17, 2023. Picture taken through glass. REUTERS/Bing Guan/File Photo Purchase Licensing Rights, opens new tab
Oct 14 (Reuters) - Oil prices rose on Tuesday as early signs of a thaw in U.S.-China trade tensions bolstered market sentiment, alleviating concerns over global fuel demand.
U.S. Treasury Secretary Scott Bessent said on Monday President Donald Trump remains committed to meeting Chinese President Xi Jinping in South Korea later this month as both countries try to de-escalate tensions over tariff threats and export controls.
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He added that there were substantial communications between the two sides over the weekend and more meetings were expected.
Brent crude futures rose 18 cents, or 0.28%, to $63.50 a barrel by 0000 GMT, while U.S. West Texas Intermediate crude was at $59.65 a barrel, up 16 cents, or 0.27%.
In the previous session, Brent settled 0.9% higher, and U.S. WTI closed up 1%.
The prospect of improved trade relations between the world's two largest economies has historically buoyed oil markets, as investors anticipate stronger global growth and increased fuel demand.
However, recent developments, including Beijing's expanded export controls on rare earths and Trump's threats of 100% tariffs and software export restrictions starting November 1, have weighed on sentiment. Last week, oil prices posted weekly losses and touched their lowest levels since May.
Trump had also cast doubt on a potential meeting with Xi during the Asia-Pacific Economic Cooperation (APEC) summit in South Korea scheduled for October 30-November 1, saying on Truth Social that "now there seems to be no reason to do so."
While the selloff in markets now looks to be limited by Washington and Beijing's more conciliatory tone, geopolitics are expected to remain in the spotlight.
"The oil industry continues to navigate geopolitical issues," Daniel Hynes, an analyst at ANZ, said in a note.
"China announced that it would levy U.S.-owned ships arriving at its shores, including oil tankers. That sparked several last-minute cancellations and a jump in shipping rates," Hynes added.
Limiting the market's upside, Trump on Monday declared the end of the two-year-long Gaza war that has upended the broader Middle East.
Meanwhile, the Organization of the Petroleum Exporting Countries and allies including Russia said in its monthly report on Monday that the oil market's supply shortfall will shrink in 2026, as the wider OPEC+ alliance moves ahead with planned output increases.
Reporting by Anjana Anil in Bengaluru; Editing by Jacqueline Wong
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2025-10-14 03:206mo ago
2025-10-13 21:226mo ago
Apollomics, Inc. Company Operational Continuity Update
FOSTER CITY, Calif., Oct. 13, 2025 (GLOBE NEWSWIRE) -- Apollomics Inc. (Nasdaq: APLM) (“Apollomics” or the “Company”), today announced the following company operational update.
2025-10-14 03:206mo ago
2025-10-13 21:306mo ago
Nvidia Stock Is Up 43% in 2025, but Here's Another Super Semiconductor Stock to Buy in 2026, According to Certain Wall Street Analysts
Investors should look beyond Nvidia and consider semiconductor stocks that combine strong AI fundamentals and reasonable valuation.
The artificial intelligence (AI) revolution is transforming every corner of the global economy. Nvidia, the company at the center of this revolution, continues to be a Wall Street favorite for all the right reasons. As an undisputed leader in accelerated computing, the company's hardware and software power much of the world's AI infrastructure buildout.
Shares of Nvidia have already surged over 43% so far in 2025. However, despite the massive demand for its Blackwell architecture systems, software stack, and networking solutions, the stock may grow quite modestly in future months. With its market capitalization now exceeding $4.6 trillion and shares trading at a premium valuation of nearly 30 times forward earnings, much of the optimism is already priced in.
Memory giant Micron (MU 6.12%), on the other hand, is still in the early stages of its AI-powered growth story. Shares of the company have surged nearly 128% in 2025, which highlights the increasing investor confidence in its high-bandwidth memory and data center portfolio. Yet, Micron could still offer investors higher returns in 2026, while riding the same AI wave. Here's why.
Image source: Getty Images.
Lower customer concentration risk
Wall Street has been highlighting one significant underappreciated risk for Nvidia. Nvidia's revenues depend heavily on a few hyperscaler customers, with two accounting for 39% and four accounting for 46% of its revenues in the second quarter of fiscal 2026 (ending July 27, 2026). Many of these hyperscaler clients are developing proprietary chips, which may offer a price-performance optimization in their specific workloads. This may reduce their dependence on Nvidia's chips in future years.
Micron's revenue base is significantly more diversified than Nvidia's. The company's largest customer accounted for 17% of total revenue, while the next largest contributed 10% in fiscal 2025 (ending Aug. 28, 2025). The company has earned over half of its total revenues from the top 10 customers for the past three years. The company has a reasonably broad customer base, including data center, mobile, PC, automotive, and industrial markets.
Hence, compared with Nvidia, Micron's lower concentration risk makes it more resilient in the current economy.
HBM demand and AI memory leadership
Micron's high-bandwidth memory (HBM) products, known for their superior data transfer speeds and energy efficiency, are being increasingly used in data centers. HBM revenues reached nearly $2 billion in the fourth quarter of fiscal 2025, translating into $8 billion annualized run rate.
Management expects Micron's HBM market share to match its overall DRAM share by the third quarter of fiscal 2025. The company now caters to six HBM customers and has entered into pricing agreements covering most of the 2026 supply of HBM third-generation extended (HBM3E) products.
Micron has also started sampling HBM fourth-generation (HBM4) products to customers. The company expects the first production shipment of HBM4 in the second quarter of calendar year 2026 and a broader ramp later that year.
Beyond HBM, Micron's Low-Power Double Data Rate (LPDDR) memory products are also seeing strong demand in data centers. The data center business has emerged as a key growth engine, accounting for 56% of Micron's total sales in fiscal 2025.
Hence, Micron seems well-positioned to capture a significant share of the AI-powered memory demand in the coming years.
Valuation
Micron appears to offer a stronger risk-reward proposition than Nvidia, even in the backdrop of accelerated AI infrastructure spending. The company currently trades at 12.3 times forward earnings, significantly lower than Nvidia's valuation. Hence, while Nvidia's premium valuation already assumes near-perfect execution and continued dominance, Micron still trades like a cyclical memory stock. This disconnect leaves room for modest valuation expansion to account for Micron's improving revenue mix toward high-margin AI memory products.
Wall Street sentiment is also increasingly positive for Micron. Morgan Stanley's Joseph Moore recently upgraded the stock from equal-weight or neutral to overweight and raised the target price from $160 to $220. UBS has reiterated its "Buy" rating and increased the target price from $195 to $225. Itau Unibanco analyst has initiated coverage for Micron with a "Buy" rating and target price of $249.
Analysts expect Micron's earnings per share to grow year over year by nearly 100% to $16.6 in fiscal 2026. If the current valuation multiple holds, Micron's share price could be around $204 (up 6% from the last closing price as of Oct. 9), with limited downside potential. But if the multiple expands modestly in the range of 14 to 16 times forward earnings, shares could fall in the range of $232 to $265, offering upside of 20% to 37.8%.
On the other hand, there remains a higher probability of valuation compression for Nvidia, leaving less room for growth. With diversified customers, increasing AI exposure, and reasonable valuation, Micron may prove to be the better semiconductor pick in 2026.
Manali Pradhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.
2025-10-14 03:206mo ago
2025-10-13 21:456mo ago
Billionaire Philippe Laffont Is Selling AMD and Buying This AI Chipmaker He Thinks Can Quadruple in 5 Years (Hint: Not Nvidia)
This semiconductor company could provide the key architecture for AI data centers.
Charlie Munger had a cheat code for finding great investment ideas: "Looking at what other smart people are buying."
Luckily, finding what other smart people are buying has become much easier over time. From the introduction of required SEC disclosures to the advancements of the internet putting that information at everyone's fingertips, you can get a peek at what some of the top investment managers are buying and selling.
One manager worth following is Philippe Laffont, who runs the hedge fund Coatue Management. The fund's publicly traded equity portfolio outperformed the S&P 500 by about 95 percentage points during the three-year period that ended in June, based on public filings. The fund's most recent 13F filing with the SEC revealed Laffont's continued sale of leading GPU-maker Advanced Micro Devices and a new position in one semiconductor stock he thinks can more than quadruple by 2030.
Image source: Getty Images.
Trimming a former top holding
Laffont bulked up his position in AMD in late 2022 and early 2023, as the popularity and potential of generative AI became clear. At one point, AMD was Coatue's third-largest publicly traded equity position. But since reaching a peak in mid-2023, Laffont has trimmed 89% of his position in the GPU maker.
To be fair, AMD isn't the only GPU maker Laffont's trimmed after seeing the stocks soar amid the AI boom. Coatue cut its stake in Nvidia by about 77% since early 2023. However, he added some shares back last quarter while trimming Coatue's remaining stake in AMD by another 53%.
The timing wasn't exactly great for Laffont. Shares of AMD have outperformed Nvidia since the end of June, receiving a huge boost from a new deal with OpenAI to buy up to 6 gigawatts of AMD GPUs over a multiyear period. AMD will provide OpenAI with warrants to buy shares for each gigawatt of GPUs it buys, effectively providing a discount on its GPUs, but garnering a major customer and investor.
AMD's OpenAI deal is a vote of confidence in its forthcoming MI450 GPU platform, which AMD's management says will be able to outperform Nvidia's Rubin platform in both training and inference. If true, AMD could find its chips taking significant share in the data center market at Nvidia's expense.
Meanwhile, one of Laffont's biggest purchases last quarter was a new position in another chip stock that hasn't quite kept up with the GPU giants. But Laffont and his team think the long-term potential could be huge.
The newest chip stock in Coatue's portfolio
Laffont likes to take long-term outlooks on many stocks. The payoff for being right about an industry or company can be absolutely massive. Such is the case with his newly established position in Arm Holdings (ARM 11.03%).
Laffont sees Arm Holdings' market cap climbing to $787 billion by 2030, up from its current market cap of about $179 billion. That's a 340% increase in just five years.
Arm doesn't design chips itself. It provides a basic chip architecture for other chip designers to build on top of. It found a lot of success in the smartphone market, where energy efficiency was key. Now, it's looking to take share in the data center space, where energy efficiency is a growing concern, as energy supply could be the limiting factor in scaling data center compute power.
Arm is making strong progress, with 70,000 enterprises using its data center chips, up 14-fold since 2021. That's helped by Nvidia, which built its Grace CPU for its Hopper and Blackwell server racks using Arm's intellectual property. However, a recent deal between Nvidia and Intel may shift the GPU-leaders' focus to Intel's x86 architecture instead. Still, the Nvidia chip provides a clear example of the value Arm brings to other GPU makers and hyperscalers.
Not only is Arm taking market share in the valuable data center space, it's commanding greater pricing power for its latest-generation architecture. Royalty revenue increased 25% year over year in the first quarter. That's driven by higher royalty rates for its v9 architecture and other licensed IP. As companies adopt its newest architecture, it should result in strong revenue and earnings growth over the next few years. Laffont is betting that will send shares skyrocketing.
The one knock against Arm stock right now is its valuation. Shares trade for nearly 100 times forward earnings estimates. While it should see significant earnings growth over the next few years, that's a tough valuation to justify. Laffont seems to think it's worth the price, but shares look very risky right now.
Adam Levy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Intel, and Nvidia. The Motley Fool recommends the following options: short November 2025 $21 puts on Intel. The Motley Fool has a disclosure policy.
2025-10-14 03:206mo ago
2025-10-13 21:506mo ago
Oil and Natural Gas Analysis: Trade Optimism Lifts Prices Amid Bearish Technicals
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Quantum computing is the next big tech hype cycle.
With shares up by a jaw-dropping 3,600% over the last 12 months, D-Wave Quantum (QBTS 23.29%) has probably already minted plenty of millionaires. Investors are pouring into quantum-related stocks because of their disruptive long-term potential. But is the recent rally based on hype or fundamentals?
Let's dig deeper to see if D-Wave Quantum is still a millionaire maker or if it's better to wait on the sidelines.
What is driving this explosive rally?
While D-Wave Quantum hit the market through a merger with a special purpose acquisition company in 2022, shares didn't start gaining traction until late 2024. That was when the tech giant Alphabet debuted its cutting-edge quantum chip Willow, which was taken as a sign that the industry might be getting closer to large-scale commercial viability.
Over the following months, the industry notched a few more wins as customers put in orders for quantum-related machinery from D-Wave and other players. The company's second-quarter revenue grew 42% year over year to $3.1 million as it inked consumer deals with both research institutions and enterprise clients interested in its quantum hardware.
But while D-Wave's recent equipment sales are encouraging, they don't necessarily mean the company is on track to scale up a viable business anytime soon. In fact, D-Wave sold its first quantum computing system to Lockheed Martin all the way back in 2011. That's a whopping 14 years ago. There is no guarantee that the company's more recent sales will be any different from the one-off experimental purchases in the past. In the meantime, the company's bottom line leaves much to be desired.
D-Wave Quantum is burning through cash
While D-Wave's $3.1 million in revenue sounds great, it's much less impressive when you consider the $28.5 million it spent on operating expenses, with a lot of that going to vital things like research and development. D-Wave has turned to equity raises (issuing and selling more units of its own stock) to raise the money it needs to sustain its cash burn, with $400 million in capital raised this way in July alone.
D-Wave's share count has increased dramatically since its public listing in 2022, and investors should expect this trend to continue.
QBTS Shares Outstanding data by YCharts
While equity raises can benefit shareholders by keeping a company afloat and providing money it can use to finance research that will create value in the future, it also dilutes current investors' ownership and their claim on future earnings, which can cause shares to underperform. With quantum technology years, if not decades, away from widespread commercial viability, this will be a long-term headwind for D-Wave's early investors.
D-Wave's valuation is also uncomfortably high. With a price-to-sales ratio of 336, shares trade at an immense valuation over the S&P 500 average of just 3.31. And while some investors may see this as a reasonable premium considering the potential of quantum technology, it means a lot of future growth is already priced in.
Is D-Wave Quantum a millionaire-maker stock?
Image source: Getty Images.
After soaring 3,600% in 12 months, D-Wave Quantum clearly has millionaire-maker potential in the right conditions. The stock market is always itching for the next best thing and is often willing to ignore fundamentals in favor of hype. That said, over the long term, fundamentals usually win. And while D-Wave Quantum could eventually have a bright future, its operations will need to scale up substantially before it can be considered a reasonable long-term bet.
Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool recommends Lockheed Martin. The Motley Fool has a disclosure policy.
October 13, 2025 10:04 PM EDT | Source: Goldgroup Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2025) - Goldgroup Mining Inc. (TSXV: GGA) (OTCQX: GGAZF) ("Goldgroup" or the "Company") has, subject to regulatory approval, retained Machai Capital Inc. ("Machai") to provide digital marketing services on behalf of the Company.
Marketing Agreement
The Company has retained Machai, a marketing, advertising and public awareness firm having an office at 101-17565 58th Avenue, Surrey, BC, specializing in the metals & mining, technology, and special situations sectors. Suneal Sandhu is the President and sole owner of Machai and can be reached at (604) 375-0084. Machai will provide digital marketing services with branding, content and data optimization to assist the Company to create in-depth marketing campaigns, tracking, organizing and executing the Services through Search Engine Optimization (SEO), Search Engine Marketing (SEM), Lead Generation, Digital Marketing, Social Media Marketing, Email Marketing, and Brand Marketing. The services will be conducted in accordance with the applicable TSX.V policies. The marketing campaign will be launched immediately and continue through January 14, 2026, pursuant to which Machai will receive C$200,000 plus GST. Machai is arm's length to the Company and has no other relationship with the Company other than under the marketing agreement. The marketing agreement is subject to TSX.V approval.
About Goldgroup
Goldgroup is a Canadian-based mining Company with two high-growth gold assets in Mexico. The Company has a 100% interest in the producing Cerro Prieto heap-leach gold mine located in the State of Sonora. An optimization and exploration program is underway at Cierro Prieto to significantly increase existing production and resources.
In addition, the Company holds a 100% interest in the Pinos underground gold development project in Zacatecas State. Pinos is an advanced PEA level development project. Formerly a producing mine, the Company is commissioning an updated PEA with a view to re-starting mining operations.
Goldgroup is led by a team of highly successful and seasoned individuals with extensive expertise in mine development, corporate finance, and exploration in Mexico.
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 press release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Certain information contained in this news release, including any information relating to future financial or operating performance, may be considered "forward-looking information" (within the meaning of applicable Canadian securities law) and "forward-looking statements" (within the meaning of the United States Private Securities Litigation Reform Act of 1995). These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Actual results could differ materially from the conclusions, forecasts and projections contained in such forward-looking information.
These forward-looking statements reflect Goldgroup's current internal projections, expectations or beliefs and are based on information currently available to Goldgroup. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to materially differ from those reflected in the forward-looking information, and are developed based on assumptions about such risks, uncertainties and other factors including, without limitation: receipt of all required stock exchange and regulatory approvals in connection with the Private Placement and the business of the Company; the completion of the Private Placement as planned; the proposed use of proceeds raised pursuant to the Private Placement and the Company's plans at the Cerro Prieto project; the scope, duration and impact of the COVID-19 pandemic; the scope, duration and impact of regulatory responses to the pandemic on the employees, business and operations; uncertainties related to actual capital costs operating costs and expenditures; production schedules and economic returns from Goldgroup's projects; uncertainties associated with development activities; uncertainties inherent in the estimation of mineral resources and precious metal recoveries; uncertainties related to current global economic conditions; fluctuations in precious and base metal prices; uncertainties related to the availability of future financing; potential difficulties with joint venture partners; risks that Goldgroup's title to its property could be challenged; political and country risk; risks associated with Goldgroup being subject to government regulation; risks associated with surface rights; environmental risks; Goldgroup's need to attract and retain qualified personnel; risks associated with potential conflicts of interest; Goldgroup's lack of experience in overseeing the construction of a mining project; risks related to the integration of businesses and assets acquired by Goldgroup; uncertainties related to the competitiveness of the mining industry; risk associated with theft; risk of water shortages and risks associated with competition for water; uninsured risks and inadequate insurance coverage; risks associated with potential legal proceedings; risks associated with community relations; outside contractor risks; risks related to archaeological sites; foreign currency risks; risks associated with security and human rights; and risks related to the need for reclamation activities on Goldgroup's properties, as well as the risk factors disclosed in Goldgroup's Annual Information Form and MD&A. Any and all of the forward-looking information contained in this news release is qualified by these cautionary statements.
Although Goldgroup believes that the forward-looking information contained in this news release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Goldgroup expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except as may be required by, and in accordance with, applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270327
Analyst’s Disclosure:I/we have a beneficial long position in the shares of CRWV 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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2025-10-13 22:526mo ago
Altria: The Company Is Ready To Make A Move Into The Smokeless Segment
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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2025-10-13 22:566mo ago
Austral Gold Announces Updated Mineral Reserve and Resource Estimate for Casposo Mine
HIGHLIGHTS Updated Mineral Resource and Reserve Estimate reinforces the Company's strategy to advance the Casposo Mine towards renewed production, complemented by the previously announced Toll Milling Agreement with ASX-listed Challenger Gold Limited Proven and Probable Mineral Reserves for the Casposo Mine is estimated to be 2.149 Mt grading 1.31 g/t Au and 58.52 g/t Ag and containing ounces recoverable of 80 thousand ounces (Koz) Au and 3.276 M oz Ag Measured and Indicated Mineral Resources for the Casposo Mine are estimated to be 2.258 million tonnes (Mt) grading 1.48 g/t Au and 59.91 g/t Ag Inferred Mineral Resources are estimated to be approximately 0.173 Mt grading 7.52 g/t Au and 68.54 g/t Ag After-Tax Net Present Value (NPV) at 11.8% discount rate is US$72.7 million (US$2,855/oz gold price) Undiscounted pre-tax free cash flows of US$137.9 million (post tax US$92.7 million). All-in Sustaining Cost (AISC): US$1,695/oz Au.
Key Takeaways Monday, bulls retook control after Friday's market plunge.The market continues to be very theme driven.Quantum computing, rare earth, and AI energy stocks led the way.
After a Friday plunge, stocks rebounded strongly on Monday. Below are five newsworthy market areas to monitor:
Small Caps OutperformSmall caps and the Russell 2000 Index (IWM) were the strongest stocks during Monday’s rebound. IWM gained 2.78% for the session, nearly clawing back all of Friday’s 2.99% loss. We remain constructive on the space as IWM works on a multi-year breakout.
Crypto Crashes Amid Overleverage, Rebounds MondayThe crypto market experienced its worst single-session market cap drop on Friday. Unfortunately, when President Trump shared his China message, many crypto investors were overleveraged and caught offside, causing a classic liquidation cascade in crypto and crypto proxies like the iShares Bitcoin ETF ((IBIT - Free Report) ).
MP Materials Soars on Rare-Earth TensionsMP Materials ((MP - Free Report) ) has emerged as a big winner and a hedge of sorts for investors amid the China-US rivalry backdrop. Shares have broken out and are up over 30% this month amid the news about China’s rare-earth restrictions. Because the US government views rare earths as a national security pillar, MP is likely to continue to be a beneficiary as the US decouples from China and other hostile countries. Meanwhile, respected JPMorgan ((JPM - Free Report) ) CEO Jamie Dimon recently spoke about the need for the US to reduce reliance on foreign nations for rare earths and minerals.
AI Energy Stocks Soar Amid Flurry of Positive NewsThe artificial intelligence race between China and the United States is in full swing. While the US is off to an early (albeit, small) lead in the AI race, it is far behind in the energy race. Energy is critical to AI because AI data centers require significant energy. Monday, Bloom Energy ((BE - Free Report) ) spiked 26% after it announced a partnership to provide Brookfield with $5 billion in on-site fuel cells to power AI data centers. Meanwhile, Navitas Semiconductor ((NVTS - Free Report) ), bolted 30% after the market close, following an announcement of a deal to help Nvidia ((NVDA - Free Report) ) power the next wave of AI factories. NVTS makes chips that help to make AI data centers more efficient.
Quantum Computing Stocks Continue to SoarDespite Friday’s plunge, investors continued to pile into high-octane quantum computing stocks. QC stocks are the top 2025 performers. Rigetti Computing ((RGTI - Free Report) ) has rewarded shareholders with an astonishing 6,000% return thus far in 2025.
Bottom Line
Despite the Friday sell-off, Wall Street’s strongest industry themes reasserted themselves Monday. Quantum computing, rare earth, and AI energy stocks led the way.
2025-10-14 03:206mo ago
2025-10-13 22:566mo ago
Google to invest $10 billion in data centre in South India
A logo of Google is seen on its office building in Hyderabad, India, January 29, 2024. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights, opens new tab
BENGALURU, Oct 14 (Reuters) - Alphabet Inc's
(GOOGL.O), opens new tab Google will invest $10 billion to set up a 1-gigawatt data centre in the southern Indian state of Andhra Pradesh, a state minister said.
A formal agreement between the state and the tech giant is due on Tuesday, the minister added.
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Reporting by Munsif Vengattil in Bengaluru; Editing by Himani Sarkar
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-14 03:206mo ago
2025-10-13 22:576mo ago
China Export Boom Sets Up High-Stakes Trade Talks at APEC Summit
ASEAN: +9.6%.
EU: +5.2%.
S. Korea: +2.0%.
Japan: +5.9%.
Meanwhile, exports to the US dropped 14.9%.
September’s data showed China had successfully rerouted exports, countering the effect of US tariffs on demand. Crucially, a sustained rebound in external demand would raise expectations that Beijing will achieve its 5% GDP growth target.
Ahead of the latest numbers, the World Bank raised its 2025 growth forecast for China to 4.8%, up from April’s 4.0% projection.
Export Realignment Boosts Growth Prospects
Brian Tycangco, editor at Stansberry Research, commented on the China data, stating:
“China’s trade bounces back in September. Exports surge 8.3% while imports jump 7.4%. Trade surplus narrows slightly. No. Trump’s trade war is not inflicting heavy damage to China’s export sector. Exporters are finding new markets to sell products.”
The trade data was good news for Beijing and Chinese manufacturers. Furthermore, the demand rebound suggests that Trump’s efforts to pressure economies into reducing reliance on Chinese goods failed, potentially triggering US threats of additional tariffs. An escalation in the US-China trade war reminded markets of the uncertain path toward a trade deal.
Notably, last week’s escalation in US-China trade tensions and the weekend’s de-escalation put soybean imports and rare earth exports in the spotlight.
Soybeans and Rare Earths in Focus
Soybean imports increased to a September record 12.87 million metric tons. The September numbers could set the stage for constructive US-China trade negotiations, potentially at the APEC Summit.
Before the Golden Week holiday, President Trump criticized China for cutting soybean imports, stating:
“The Soybean farmers of our Country are being hurt because China is, for ‘negotiating’ reasons only, not buying. We’ve made so much money on Tariffs that we are going to take a small portion of that money and help our farmers. I will never let our farmers down.”
While there was no US administration retaliation, Beijing’s announcement of fresh controls on rare earth exports caused a stir. A reported ban on rare earth exports triggered the US administration to raise tariffs on Chinese shipments by a further 100%, fueling a flight-to-safety.
However, Beijing clarified its policy adjustment on rare earth exports, stating that there would be no ban and approvals for compliant export applications for civilian use would continue as normal.
Despite these assurances, actual rare earth exports still declined significantly, a potential issue in trade talks. Rare earth exports fell 31% to 4,000.3 tonnes. Furthermore, exports decreased by 11% to 42,936 tonnes year-over-year from January to September.
Labor Market and Consumption Outlook
While the latest data will set the stage for trade negotiations, the upswing in demand could be crucial for China’s labor market and Beijing’s push for private consumption.
Chinese manufacturers reduced staffing levels for the third time in four months in September. While demand improved, pricing pressures forced firms to reduce fixed costs to protect their bottom lines. However, margin pressures could ease if external demand continues to recover, potentially lifting employment.
Rising salaries and employment could boost consumer sentiment and spending, fueling demand-driven inflation.
For context, China’s unemployment rate has trended higher in 2025, while retail sales have trended lower, aligning with the timing of US tariffs and margin squeezes. The unemployment rate increased to 5.3% in August, up from 5.2% in July and 5.0% in June. Retail sales rose 3.4% year-on-year in August, down from 3.7% in July and 4.8% in June.
Non-US Trade Expansion Gains Momentum
China’s success in rerouting shipments and forging new trade terms to counter the slump in US demand bodes well for the fourth quarter.
Shehzad Qazi, managing director at China Beige Book, commented:
“Shipments to the US plunged 27%–the sixth month of double-digit declines—a slump more than offset by strong growth in sales to regions like the European Union. In total, exports to non-US destinations grew 14.8%, the fastest since March 2023.”
Qazi identified other key trade developments, including a 56% surge in shipments to Africa. Exports to LATAM were up 15.2%, reversing declines in the previous two months.
Mainland Equity Markets Steady Following Trade Jitters
Mainland equity markets were in recovery mode on Tuesday, October 14. Market tensions eased after Friday’s escalation and the weekend’s de-escalation in the US-China trade war.
The CSI 300 advanced 0.89% in early trading, while the Shanghai Composite Index gained 0.68%. Tuesday’s recovery sent the pair toward their 2025 high, set on October 9.
Traders are betting on a US-China trade deal and on Beijing achieving its 5% GDP growth target, aided by policy measures targeting demand.
Punitive US tariffs on transshipments haven’t hurt the Chinese economy and have lifted demand for Mainland-listed stocks. The CSI 300 has rallied 17.9% year-to-date in 2025, with the Shanghai Composite Index up 16.8%. For contrast, the Hang Seng Index has soared 29% year-to-date.
While analysts are optimistic about further gains through the remainder of Q4, downside risks from renewed trade tensions linger. Last week’s escalation underscored the lingering threat of a breakdown in US-China relations to global markets.
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2025-10-13 22:596mo ago
Austral Gold Restarts Production at Casposo, Argentina
Casposo enhances Austral Gold's production profile, with two active mines now operating in Argentina and Chile.Commercial production has resumed at the Casposo Mine following completion of the plant refurbishment. Q4 2025 Casposo production is forecasted to be approximately 4,000 to 6,000 gold equivalent ounces (GEOs1), including 230 GEOs1 produced during the commissioning phase.Sydney, Australia--(Newsfile Corp. - October 13, 2025) - Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) ("Austral" or the "Company"), an established gold producer, is pleased to announce that commercial production has resumed at its 100%-owned Casposo Mine in Argentina.
The refurbishment of the Casposo Plant has been successfully completed, including the commissioning phase, which formally commenced at the end of December 2024, following the Company's receipt of a US$7 million bank loan.
Initial production at Casposo is currently being sourced from the Company's existing stockpiles. Austral plans to transition to open-pit mining through a collaborative operating arrangement. The Company is in negotiations with a local contractor and expects to finalise an agreement soon. Under this structure, the contractor will provide mining services under the Company's supervision.
As part of the plant refurbishment, the Company completed the commissioning phase, producing approximately 230 gold equivalent ounces (GEOs1) of doré. During commissioning, the doré was smelted from residual plant material and historical samples that had been returned to Casposo by Argentine customs authorities.
Austral Gold's Chief Executive Officer, Stabro Kasaneva, said: "We are pleased to announce the restart of operations at Casposo, marking a significant milestone for the company as we expand our production base along existing mining operations at Guanaco. This development positions us to generate improved cash flow and strengthen our financial position. I thank our team for their dedication in completing the plant refurbishment and our debtholders and shareholders for their continued support."
Production guidance for the remainder of 2025 from Casposo is forecasted at approximately 4,000 - 6,0001 gold equivalent ounces (GEOs1), representing a monthly average of 1,800 GEOs1. This estimate includes the 230 GEOs produced during the commissioning phase.
Notes:
Gold equivalent ounces (GEOs) were calculated using a silver-to-gold ratio (Ag:Au) of 91:1, in accordance with the following formula: AuEq (g/t) = (g/t Au) + (g/t Ag) / 90.91, where the factor 90.91 reflects metal prices of US$2,500/oz for gold and US$27.5/oz for silver.Gold and silver are expected to account for 70% and 30% at Casposo.Casposo: Metallurgical recovery rates are forecast at 90.3% for gold and 85.8% for silver under the agitation leaching process. Average head grades are forecast at 1.88 g/t gold and 80.73 g/t silver.About Austral Gold
Austral Gold is a gold and silver mining producer building a portfolio of quality assets in the Americas based on three strategic pillars: production, exploration, and equity investments. Austral continues to lay the foundation for its growth strategy by advancing its attractive portfolio of producing and exploration assets.
For more information, please visit the Company's website at www.australgold.com.
Neither 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 release.
Release approved by the Company's Chief Executive Officer of Austral Gold, Stabro Kasaneva.
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections and statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar expressions are intended to identify forward-looking statements. The forward-looking statement in this news release include, but are not limited to, statements regarding expectations regarding the recommencement of commercial production at the Casposo Mine, estimated production volumes, the transition to open-pit mining, anticipated cash flow improvements, the anticipated finalisation of a contractor agreement to support open-pit mining operations, and the Company's growth strategy, including plans to advance its portfolio of producing and exploration assets.
All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, uncertainty of exploration programs, development plans and cost estimates, commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets, uncertainty in the measurement of mineral resources and reserves; and other risks and hazards related to the exploitation and development of mineral properties, as well as the availability of capital. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Austral cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. Austral's forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and Austral does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270308
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Exclusive: Spain the frontrunner for Chinese carmaker BYD's third European plant, sources say
A BYD logo is displayed on a car at a dealership in Sant Cugat del Valles, near Barcelona, Spain, September 12, 2025. REUTERS/ Albert Gea/File Photo Purchase Licensing Rights, opens new tab
CompaniesOct 14 (Reuters) - China's No. 1 automaker BYD
(002594.SZ), opens new tab considers Spain to be its top candidate for a third car factory to serve the European market, two people briefed on the matter told Reuters, as the company seeks to grow sales on the continent.
A BYD assembly plant, joining two other planned factories in Hungary and Turkey, would be a significant boost for the carmaker that competes with Tesla, and would also bolster Spain's aim of becoming a major hub for electric vehicle production.
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One of the sources said Spain is favoured by BYD because of its relatively low manufacturing costs and clean energy network.
While it is known that BYD has been looking for a third plant to serve the European market, Spain's emergence as a frontrunner has been previously unreported.
ANY DECISION NEEDS SIGN-OFF IN CHINABYD country manager for Spain and Portugal Alberto De Aza told Reuters last month that Spain would be an ideal location for further expansion of BYD's European manufacturing footprint because of its industrial infrastructure and cheap electricity.
A third source cautioned that the company has not communicated any final decision and was still considering other countries besides Spain. A final decision on the plant, which should come before the end of the year, will need to be approved by Chinese regulators.
Reuters reported in March that BYD has looked at other countries including Germany, though that has been debated internally because of high labour and energy costs.
Both Spain's Industry Ministry and BYD declined to comment.
BYD AIMS TO MAKE ALL CARS FOR EUROPE LOCALLY IN THREE YEARSBYD's sales in Europe jumped 280% in the first eight months of the year from the same period in 2024 after the automaker began selling plug-in hybrids as well as fully electric cars.
Reuters reported in April that BYD had overhauled its European operations to boost sales by hiring more managers and adding dealerships.
Diplomatic and business ties between Spain and China have warmed considerably in recent years. Last year, Spain abstained on a European Union vote on tariffs on Chinese-made EVs.
China's government privately told automakers to halt investments in European countries that supported those tariffs, Reuters reported last year. Germany voted against the tariffs.
Spain, Europe's second-largest car-producing nation, has attracted major investments including from Germany's Volkswagen and China's Chery and CATL since it announced a 5 billion euro ($5.8 billion) plan in 2020 to attract EV and battery manufacturing using EU pandemic relief funds.
BYD aims to produce all EVs for sale in Europe locally within three years, which would help it avoid EU tariffs.
Its planned factory in Hungary is currently under construction, though sources told Reuters in July that BYD has pushed back its timeline for mass production at the plant until next year. Its Turkish plant is due to open in 2026.
($1 = 0.8618 euros)
By Reuters Staff; Editing by Nick Carey and Jan Harvey
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-14 03:206mo ago
2025-10-13 23:076mo ago
Adlai Nortye to Present Short Talk at AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics
SINGAPORE and NORTH BRUNSWICK, N.J. and HANGZHOU, China, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Adlai Nortye Ltd. (NASDAQ: ANL) (the “Company” or “Adlai Nortye”), a clinical-stage biotechnology company focused on the development of innovative cancer therapies, today announced that it will deliver an oral presentation at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics, held from October 22-26, 2025, in Boston, MA.
Presentation details are as follows:
Abstract title: Discovery of AN4035: A novel CEACAM5-targeting antibody drug conjugate (ADC) armed with a proprietary pan-RAS(ON) inhibitor payload, designed to broaden the therapeutic window
Date and Time: Saturday, October 25, 2025; 11:45 AM – 12:15 PM ET
Session Title: Spotlight on Proffered Papers 3: Novel Therapeutic Agents
Location: Level 3, Ballroom AB, Hynes Convention Center, Boston, MA
The Company will issue a further press release detailing the scientific rationale and data highlights for AN4035 once the abstract is made public on the AACR portal on October 22, 2025
About Adlai Nortye
Adlai Nortye (NASDAQ: ANL) is a global clinical-stage company focused on the development of innovative cancer therapies, with global R&D centers in the U.S. and China. We are advancing a portfolio of innovative drug candidates across two key therapeutic areas: next-generation PD-1/L1 modulation, including AN8025, a multifunctional fusion protein designed to modulate both T cells and antigen-presenting cells, and AN4005, a first-in-class oral small-molecule PD-L1 inhibitor; and RAS-targeted therapies, including AN9025, an oral pan-RAS(ON) inhibitor with potential to address multiple RAS-driven cancers, and AN4035, a novel CEACAM5-targeting antibody-drug conjugate armed with a potent pan-RAS(ON) inhibitor payload.
Forward-Looking Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets” and similar statements. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, are or contain forward-looking statements.
The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Factors that could cause the Company’s actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the initiation, timing, progress and results of the Company’s preclinical studies, clinical trials and other therapeutic candidate development efforts; the Company’s ability to advance its therapeutic candidates into clinical trials or to successfully complete its preclinical studies or clinical trials; whether the clinical trial results will be predictive of real-world results; the Company’s receipt of regulatory approvals for its therapeutic candidates, and the timing of other regulatory filings and approvals; the clinical development, commercialization and market acceptance of the Company’s therapeutic candidates; the Company’s ability to establish, manage, and maintain corporate collaborations, as well as the ability of its collaborators to execute on their development and commercialization plans; the implementation of the Company’s business model and strategic plans for its business and therapeutic candidates; the scope of protection the Company is able to establish and maintain for intellectual property rights covering its therapeutic candidates and its ability to operate its business without infringing the intellectual property rights of others; estimates of the Company’s expenses, future revenues, capital requirements and its needs for and ability to access sufficient additional financing; risks related to changes in healthcare laws, rules and regulations in the PRC and United States or elsewhere. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement and in the attachments is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Key Takeaways
Will PancakeSwap sustain its upward momentum?
CAKE formed a bullish engulfing candle at the 200 EMA and broke its descending trendline, signaling potential continuation toward $4.5.
Are traders and investors supporting this rebound?
Yes. Spot Taker CVD stayed green, confirming buy dominance, while $1.1 million in outflows reflected strong accumulation.
After a 61.5% price crash in PancakeSwap [CAKE] during the historic crypto crash on the 10th of October, the market has shown a strong rebound, potentially opening the door to a further rally.
The bounce from the $3 support zone aligned with rising trader activity and bullish on-chain data, hinting that a wider rally could be in play.
CAKE’s price momentum returns
CAKE traded at $3.48 at press time, up 25% in 24 hours. Trading volume jumped 155% to $660 million, indicating renewed interest among retail and whale accounts.
AMBCrypto’s technical analysis revealed that this price surge pushed CAKE back above the key support level of $3.
Moreover, on the daily chart, the altcoin formed a strong bullish engulfing candlestick pattern, with the price continuing to maintain its upward momentum.
Source: TradingView
A break above the descending trendline on the 4-hour chart confirmed momentum shift to buyers.
Source: TradingView
If the momentum continues and the price holds above the key support of $3, CAKE could see a 28% surge and may reach the $4.50 level.
The Average Directional Index (ADX) stood at 28, signaling a strong trend, while the 200-day EMA ($2.56) acted as firm support.
Expert predictions fuel optimism
Given the market sentiment, several experts surfaced with bold predictions on CAKE.
Crypto commentator CoinQTS projected that CAKE had just begun its journey with huge potential and hinted that it may reach the $20 level in the coming days.
Meanwhile, another expert predicted that CAKE could hit $5 in the coming days.
The Wolf Insight highlighted five catalysts for CAKE’s rally: the Cake.Pad launch for IFO access, 28.8 million CAKE burned in September, $772 billion Q3 volume on BNB Chain (up 87% QoQ), limit-order rewards for liquidity providers, and Binance’s $250K Altcoin Festival exposure.
These factors tightened supply and boosted trading activity on the BNB Chain, suggesting whales are accumulating before retail momentum builds up.
On-chain signal aggressive buying
In addition to these predictions, on-chain metrics further strengthen CAKE’s bullish outlook.
According to CryptoQuant’s Spot Taker CVD (Cumulative Volume Delta), CAKE witnessed aggressive buying activity over the past week, with not a single red bar, indicating a lack of seller dominance.
Source: CryptoQuant
PancakeSwap (CAKE) strongly bullish derivative
Meanwhile, CoinGlass data recorded a $1.10 million outflow from exchanges in the past 24 hours — a classic signal of accumulation.
Source: CoinGlass
As per data, CAKE’s major liquidation levels stood at $3.273 on the lower side and $3.567 on the upper side. At these levels, traders built $2.09 million worth of long positions and $915.3k worth of short positions.
That alignment between spot outflows and derivative positions supports a short-term bullish bias.
Vivaan Acharya is a Crypto-Economist and Journalist at AMBCrypto who brings a rare depth of financial and economic expertise to the world of digital assets. He holds a Master’s in Economics from the prestigious University of Delhi and has over five years of experience analyzing technology and financial markets.
His foray into the blockchain space began in 2018, marked by his prescient Master's thesis, "Payments and Stablecoin Integration in Banking," which showcased his early understanding of crypto's potential to disrupt traditional finance. Before specializing in crypto, Vivaan honed his skills in rigorous data and technical chart analysis at a major national financial daily, where he covered corporate earnings and market trends.
At AMBCrypto, Vivaan applies this powerful blend of classical economic training and seasoned financial journalism to his work. He is an expert in:
1. Bitcoin and Altcoin Market Analysis
2. Stablecoin Ecosystem Development, and
3 Emerging Crypto Regulations.
Known for his clear, no-nonsense approach, Vivaan translates robust research into straightforward, actionable insights. He is dedicated to demystifying the complexities of blockchain finance, empowering readers to confidently navigate the rapidly evolving digital economy.
2025-10-14 02:206mo ago
2025-10-13 20:006mo ago
BNB Chain Launches $45 Million “Reload Airdrop” to Revive Meme Coin Market
BNB Chain has announced a massive $45 million “Reload Airdrop” campaign in collaboration with Four.Meme, PancakeSwap, Binance Wallet, and Trust Wallet. The initiative aims to reignite trading activity and boost confidence across its meme coin ecosystem after the recent market crash wiped billions from speculative assets.
Targeting retail traders most affected by the downturn, the airdrop will distribute approximately $45 million worth of BNB to over 160,000 eligible addresses. Instead of compensating users based strictly on trading losses, recipients will be chosen through a randomized allocation system. The distribution will roll out in multiple phases between mid-October and early November.
BNB Chain described the campaign as a push to “reload” user confidence and liquidity within its ecosystem, emphasizing its commitment to supporting the meme coin community—one of the most active yet volatile sectors on the network.
Four.Meme, a no-code meme coin launchpad on BNB Chain, plays a key role in this initiative. The platform allows users to create and list tokens easily, and despite previous security challenges, it has achieved billions in trading volume. Following the October 10 market crash that severely impacted several Four.Meme tokens, this relief campaign is positioned as one of the largest coordinated support efforts in BNB Chain’s history.
While the airdrop has been welcomed by the community, some analysts caution that the randomized distribution could raise transparency concerns and encourage risky trading behavior. Nevertheless, with BNB recently reaching a record high above $1,370, the project reinforces the chain’s resilience and its pivotal role in driving the next potential “meme coin super cycle.”
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2025-10-14 02:206mo ago
2025-10-13 20:006mo ago
Mantle (MNT) Hits New All-Time High After 35% Daily Jump, Can Momentum Push Beyond $3?
Mantle (MNT) has reignited its bullish momentum, surging 30% in the past 24 hours to reclaim the $2.20 level after dipping as low as $1.50 over the weekend. The swift rebound underscores renewed buyer confidence following last week’s sharp correction from record highs.
While MNT remains below its $2.84–$2.86 all-time high, the strong recovery suggests bulls are regaining control, potentially setting the stage for another push toward the upper range if momentum holds.
Spot activity exploded, with daily trading volume up more than 60% to about $1.2 billion, while futures open interest climbed 9% to $269.7 million, a signal that speculative demand is accelerating alongside spot buying.
MNT's price bounces back following major losses on the daily chart. Source: MNTUSD on Tradingview
Fundamental Tailwinds: RWAs, Stablecoin Liquidity, and Exchange Distribution
Beyond the chart, Mantle’s rally is grounded in clear catalysts. The network’s Tokenization-as-a-Service (TaaS)stack is pulling real-world asset issuers on-chain, while the launch of USD1, a new stablecoin building on Mantle, is injecting fresh liquidity and utility into its DeFi rails.
Distribution is another edge: Mantle’s deepening Bybit integration (treasury programs, listings, and roadmap alignment) is funneling sustained order flow, not just one-off hype.
Analysts also highlight Mantle’s modular design (execution on Mantle with EigenDA for data availability and OP-stack upgrades) that lowers costs and improves throughput, important for tokenization, trading, and payments use cases.
Can Mantle (MNT) Bulls Clear $3? The Levels and Scenarios
Momentum favors further upside as a decisive close above $2.87 could open the door to $3.00, with extended targets near $3.60 if volume and open interest continue to rise.
On the downside, $2.50–$2.55 is initial intraday support, followed by the must-hold $1.90–$2.00 zone; losing that would risk a deeper retrace toward $1.60–$1.75 where buyers last reloaded. For now, breadth (spot + derivatives), rising participation, and a tight, orderly trend argue for trend continuation rather than a blow-off top.
Technically, MNT’s clean breakout above $2.00 was followed by strong follow-through and a steady series of higher lows. As long as price holds the $1.90–$2.00 demand zone, the bull structure remains intact, with traders eyeing $2.87 (recent high) and the psychological $3.00 mark next.
Cover image from ChatGPT, MNTUSD chart from Tradingview
2025-10-14 02:206mo ago
2025-10-13 20:006mo ago
XRP Analyst Highlights ‘Most Important Video,' What's In It?
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Crypto analyst Levi Rietveld released a new video on X, describing it as “the most important XRP video you will ever watch.” His remarks and outlook focus on some important macroeconomic shifts that are going to usher in a new cycle for Bitcoin, XRP, and other cryptocurrencies. This is important, as it coincides with a time when the crypto market is starting to recover from a massive correction over the weekend.
XRP To Rebound From Major Support
According to Rietveld, XRP’s price is approaching an important support zone around $2.785, which could serve as the foundation for a strong bullish reversal. He noted that XRP is likely near its local bottom and that a rebound from this level would be normal, where cryptocurrencies surged shortly after major corrections.
The analyst noted that traditional equity markets, especially in the United States, are hitting new all-time highs, even as the broader crypto market is consolidating. This divergence has occurred multiple times before, but liquidity eventually rotates from the stock market into digital assets and causes explosive upward movements. Rietveld pointed out that a similar pattern was observed in early March, April, and May, when stocks peaked just before Bitcoin and altcoins went on a major rally.
Institutional And Sovereign Interest Building In Crypto
Rietveld’s analysis also highlighted increasing institutional appetite for cryptocurrencies, which he believes will be a major catalyst for the next market expansion. He cited data showing that over 60% of institutional investors plan to increase their exposure to Bitcoin and other cryptocurrencies beyond what they already have. This trend, he said, is a very good sign.
Rietveld also mentioned that aside from private institutions, several sovereign wealth funds, including those in Luxembourg, Denmark, and the United States, are preparing to allocate portions of their portfolios to Spot Bitcoin ETFs. Particularly, he referenced news about Luxembourg, which recently confirmed that it is assigning 1% of its sovereign wealth fund to Spot Bitcoin ETFs. The analyst described this as the early stage of a broader capital migration worth trillions of dollars from traditional markets into cryptocurrencies.
Rietveld’s comments extended beyond technicals and market inflow trends. The analyst offered a strong critique of the global financial system by accusing central banks, particularly the US Federal Reserve, of mismanagement and corruption through unchecked money printing and debt accumulation. In his view, the fiat currency system is unsustainable, and cryptocurrencies like XRP are the best option for financial independence.
He encouraged investors not to succumb to fear or market uncertainty, noting that the periods of widespread panic, like the current one, are the best buying opportunities. Those who are patient and are accumulating at these low prices are the ones positioning themselves to benefit the most when the next strong crypto rally rolls in.
XRP trading at $2.59 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts.
Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2025-10-14 02:206mo ago
2025-10-13 20:016mo ago
Crypto Market Prediction: Is This Biggest XRP Comeback in History? Bitcoin (BTC) Breaks $115,000 Like It's Nothing, Shiba Inu (SHIB): Not Adding Zero
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.
XRP has made one of the most spectacular recoveries in recent months, just as traders were preparing for a protracted decline. This move has the potential to completely change the perception of the asset.
After a severe crash last week that destroyed almost 60% of XRP's value in a single day, the token has risen sharply from its lows, regaining important technical levels and surprising market observers who had previously written it off.
Following a flash bottom below $2.00, XRP is currently trading at about $2.55. The strength of this recovery raises the possibility that what at first appeared to be a complete surrender was actually a liquidity flush, a violent shakeout that removed overly leveraged positions and gave the market time to recover.
HOT Stories
XRP/USDT Chart by TradingViewSince it has acted as both a magnet and a barrier for XRP's price action throughout 2025, the 200-day EMA is currently the site of the most significant technical battle. A retest of the $2.90-$3.00 resistance zone, which is the upper trendline of its descending wedge formation, may be possible if XRP is able to break and hold above the 200 EMA and confirm a midterm bullish reversal.
After several compression stages, these structures typically resolve with a breakout, and XRP's sharp volume spike suggests that momentum might be building. However, there is potential for a rally, but the RSI is cautioning of lingering volatility as it recovers from oversold territory while staying below neutral.
In order to verify that this move is real and not just a short-covering bounce, there must be consistent volume and daily closes above $2. As of right now, the market’s sentiment has changed from one of hopelessness to one of curiosity. If this trend keeps up, XRP's recovery may turn out to be one of the most remarkable and surprising in its history.
Bitcoin in controlBitcoin has once again demonstrated its control over the cryptocurrency market by easily breaking through the resistance level of $115,000, which used to serve as a psychological ceiling for traders. This action demonstrates Bitcoin’s capacity to bounce back from turbulence and sustain upward pressure, despite the cautious sentiment of the larger market.
After recovering from its 200-day moving average close to $108,000, Bitcoin has demonstrated incredible strength and is currently trading between $114,300 and $115,500. The current rebound highlights the zone’s significance in Bitcoin’s continuous bull structure, as it has historically been a strong support area during medium-term corrections.
The next major obstacle, however, is located only a few thousand dollars higher at about $116,000, where strong liquidity clusters and short-term sell orders start to accumulate, even though there was a clean break above that level. Experts caution that this area might serve as a reversal zone, causing short-term profit-taking before Bitcoin starts to rise more broadly again.
The market structure is still firmly bullish, though. The RSI is still hovering just below overbought levels, suggesting that there is still space for Bitcoin to grow before exhaustion sets in, while the 50-day EMA is curving upward once more, indicating renewed momentum.
The $120,000-$122,000 range, a historically significant zone that has previously sparked aggressive corrections, would be the next logical target if Bitcoin is able to maintain momentum and absorb liquidity above $116,000. Bitcoin may see a fresh push toward its all-time highs if a confirmed close above that level occurs.
Simply put, Bitcoin’s most recent movement serves as a reminder of its tenacity: whereas most assets find it difficult to gain traction, BTC keeps tearing through resistance levels with ease. The $116,000 liquidity wall could be the beginning of Bitcoin’s next significant breakout, or it could just be a temporary pause.
Shiba Inu zero addition canceledShiba Inu was on the verge of adding another zero to its price following a violent sell-off that rocked the cryptocurrency market as a whole. This would be a symbolic but psychologically damaging threshold for both retail and institutional holders.
However, for the time being, SHIB seems to have escaped the fatal slip despite the extreme pressure and the cascading liquidations across exchanges. Shiba Inu is now trading at about $0.0000109, having recovered significantly from the intraday low that almost fell below the crucial $0.0000100 threshold. That level is a deep support zone created during the accumulation phase of 2023, in addition to being a technical line in the sand.
Buying activity has historically increased in response to SHIB testing this area, resulting in brief relief rallies. The asset quickly recovered lost ground during the crash, even though it briefly fell into adding-zero territory. This was made possible by traders looking for a rebound and short covering.
More significantly, the volume profile indicates that the majority of participants were hesitant to sell below this range, suggesting deep underlying interest and a brief exhaustion of bearish momentum. The asset continues to trade below all significant moving averages, including the 200-day and 100-day EMAs, indicating that macro resistance is still present.
To test its current stabilization, SHIB may retest lower levels if momentum wanes around $0.0000120-$0.0000130. However, SHIB might hold the line as sentiment gradually returns to normal and the overall market exhibits signs of recovery.
Even after one of the market’s most severe flash crashes, the refusal to add another zero shows resiliency and indicates that the community’s speculative energy is still alive and well. In summary, Shiba Inu is not adding a zero just yet, which is a win in this market.
2025-10-14 02:206mo ago
2025-10-13 20:016mo ago
Chainlink's Recent Surge Sparks Optimism, But Challenges Loom
Chainlink, a leader in the decentralized oracle network space, has caught the attention of investors with an impressive 11% price increase over the past week. This rally, notable for its rapid momentum, has rekindled hopes of the digital asset reaching the $24 mark.
Why the XRP Options Launch Matters
This development could have far-reaching implications for spot ETF approvals and institutional adoption.
The CFTC requires robust surveillance and underlying market capabilities, which are also prerequisites for spot ETFs. Furthermore, strong institutional demand for XRP futures and open interest, addresses the Securities and Exchange Commission’s (SEC) concern about whether there is sufficient market demand and whether XRP would serve a legitimate purpose.
There are several reasons why the CFTC-regulated contracts on XRP launch could fuel speculation about the SEC greenlighting the S-1s for XRP-spot ETFs. These include:
CFTC, a major US regulator, deems XRP safe for institutional derivatives trading.
Genuine institutional demand.
Market evolution beyond spot trading.
Historically, the SEC and the CFTC have not followed the same playbook. The SEC’s main concern was whether XRP qualified as a non-security under the Howey Test.
However, the SEC vs. Ripple case addressed this issue, with Judge Analisa Torres ruling that programmatic sales of XRP did not constitute securities transactions. Crucially, the SEC dropped its appeal against the Programmatic Sales of XRP ruling, paving the way for an XRP-spot ETF market.
For traders questioning the likelihood of an XRP-spot ETF launch, the resolution of the Ripple case and the launch of CFTC-regulated contracts on XRP futures should provide strong assurance.
Marty Party, a prominent crypto commentator with 240,000 followers on X (formerly Twitter), said:
“This marks a major expansion of regulated crypto derivatives beyond Bitcoin (BTC) and Ether (ETH), providing institutions with sophisticated hedging tools amid surging demand for altcoin exposure.”
While conditions appear favorable for an XRP-spot ETF market, the US Government shutdown continues to indirectly delay institutional inflows by slowing SEC processing.
US Senate Takes Center Stage as Shutdown Enters Day 14
On Tuesday, October 14, all eyes will turn to Capitol Hill. The US Senate could hold a vote on a stopgap funding bill as early as today, potentially reopening the US government.
A return to a full SEC office could enable the agency to review and approve the recently amended S-1s, clearing the way for spot ETF issuers to begin trading.
However, reports from Capitol Hill suggest a continued impasse, raising the risk that the shutdown extends into November. Republican Speaker Mike Johnson reportedly stated:
“We’re barreling toward one of the longest shutdowns in American history.”
Johnson has stated that he would not negotiate with the Democrats until they withdraw their health care demands.
Betting platform Kalshi predicts the US government shutdown will last 33 days, down from 37 days, but close to the 35-day shutdown in 2018-2019, the longest in US history. Furthermore, Kalshi puts the odds of the shutdown extending into November at 57%.
The delay of XRP-spot ETF launches beyond their final decision deadlines, ranging from October 18 to November 14, could weigh on XRP prices. However, speculation about an imminent launch could intensify if the Senate passes a stopgap funding bill, potentially sending XRP to $3.
Price Action & Technical Analysis: Will XRP Hold $2.5?
XRP climbed 2.99% on Monday, October 13, following the previous day’s 6.1% rally, closing at $2.6073. The token outperformed the broader market, which gained 0.97%. Despite a three-day winning streak, XRP remained below the 50-day and 200-day Exponential Moving Averages (EMAs), reaffirming a bearish bias.
Key technical levels to watch include:
Support levels: $2.5, $2.0, and $1.9.
Technical resistance levels: the 200-day EMA at $2.6351 and the 50-day EMA at $2.8508.
Resistance levels: $2.7 and $3.0.
Catalysts & Scenarios
In the coming sessions, several key events could dictate near-term price trends:
US-China trade developments.
The US government shutdown.
XRP ETF news (delays or launches) and BlackRock’s stance on an iShares XRP Trust.
Blue-chip companies increase interest in XRP as a treasury reserve asset.
Regulatory milestones: Ripple’s application for a US-chartered bank license, the Market Structure Bill, and SWIFT-related news could also drive near-term price trends.
Bearish Scenario: Risks Below $2.5
BlackRock pours cold water on hopes for an XRP-spot ETF.
US Senate gridlock continues, delaying XRP-spot ETF approvals.
Lawmakers block crypto-friendly regulations, including the Market Structure Bill.
Blue-chip companies show no interest in XRP as a treasury reserve asset.
OCC delays or rejects Ripple’s US-chartered bank license.
SWIFT maintains its market share in the global remittance market, limiting Ripple’s market access.
These bearish scenarios could drag XRP back toward $2.5. A break below $2.5 would expose $2.0.
Bullish Scenario: Path to $3
US and China trade tensions ease.
Senate passage of a stopgap funding bill.
BlackRock files an S-1 for an iShares XRP Trust, and the SEC green-lights XRP-spot ETFs.
Blue-chip companies purchase XRP for treasury purposes, and more payment platforms integrate Ripple technology.
Ripple secures a US-chartered bank license, and the Senate passes the Market Structure Bill.
Ripple makes inroads into the global remittance business at SWIFT’s expense.
These bullish scenarios could drive XRP to $2.7 and bring the key psychological resistance at $3 level.
2025-10-14 02:206mo ago
2025-10-13 20:046mo ago
Bitcoin's Digital Gold Illusion Shattered as Gold Hits Record Highs
Friday, October 10, 2025, will be remembered as the day Bitcoin failed its “digital gold” test. While Wall Street suffered sharp losses — with the Nasdaq and S&P 500 each plunging more than 3% — Bitcoin collapsed by over $10,000 within minutes. Meanwhile, real gold soared past $4,000 an ounce, proving its timeless reputation as a safe-haven asset. As markets reeled from Donald Trump’s 100% tariffs on Chinese imports and Beijing’s threat to curb rare-earth exports, investors rushed to gold. Crypto, however, spiraled into chaos.
Gold thrived amid panic, attracting steady inflows and minimal volatility. It stood firm as the ultimate hedge, a reliable protector in geopolitical turmoil. Bitcoin, the so-called “digital gold,” behaved more like a speculative tech stock. Its price tumbled below $110,000 — an 8–10% drop — while Ethereum and other altcoins plunged 15–30%. Nearly $20 billion in leveraged crypto positions were wiped out across major exchanges like Binance and Bybit, highlighting the market’s fragility.
Gold’s strength lies in its simplicity: no yield, no leverage, no counterparty risk. Bitcoin, by contrast, is a deeply financialized asset, heavily tied to liquidity and leveraged products. When markets go “risk-off,” Bitcoin’s correlation with equities spikes — and it crashes harder. The tariff shock made that brutally clear. Gold absorbed fear; crypto amplified it.
Still, Bitcoin’s long-term allure remains — decentralized, scarce, and borderless. But in crises, behavior matters more than ideology. The October 10 crash was a reality check: liquidity, not narrative, defines a true safe haven. Gold glittered under pressure; Bitcoin cracked under weight. The lesson? Comparison isn’t correlation — and when panic strikes, only one asset still shines.
<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>
2025-10-14 02:206mo ago
2025-10-13 20:096mo ago
Ash Crypto's Bold Bitcoin Prediction Comes True, Eyes $150K Surge in Q4
Renowned crypto analyst Ash Crypto has once again captured the spotlight with his remarkably accurate market forecast. At the start of October, he predicted a sharp correction in Bitcoin and Ethereum prices, forecasting Bitcoin would dip near $106,000 and Ethereum around $3,800 or lower—a prediction that played out exactly as anticipated.
The downturn came after President Trump announced a 100% tariff on Chinese goods, triggering a global market sell-off. Bitcoin plunged to $105,000, while Ethereum briefly fell to $3,500, shaking investor confidence and leading to widespread losses across altcoins.
However, Ash Crypto’s insights don’t end with the crash. He maintains that this correction is merely the calm before a major bull run, predicting that the final quarter of 2025 will be Bitcoin’s strongest ever. According to him, once market sentiment turns excessively bearish, a powerful reversal will ignite a Q4 parabolic rally—sending Bitcoin soaring between $150,000 and $180,000, Ethereum to $8,000–$12,000, and altcoins surging 10x–50x.
Ash Crypto explained that the current pullback is essential for resetting the market before an explosive rebound. “October will likely close with a massive percentage gain,” he stated, suggesting that the rally could begin in the last 10 days of October.
To manage risk, the analyst revealed he remains 85% invested in crypto, keeping 15% in cash to seize buying opportunities during dips. His strategic balance reflects both confidence in his forecast and caution amid market volatility.
If his bullish prediction holds true, investors could soon witness a historic crypto resurgence, marking one of Bitcoin’s most profitable quarters ever.
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2025-10-14 02:206mo ago
2025-10-13 20:116mo ago
Bhutan migrates its national ID system to Ethereum
The Kingdom of Bhutan has tapped Ethereum to store the national identities of its roughly 800,000 citizens, leveraging the network’s immutability and decentralization.
1076
The South Asian nation of Bhutan is migrating its self-sovereign ID system to Ethereum from Polygon, allowing its nearly 800,000 residents to verify their identities and access government services.
The integration with Ethereum has been completed, while the migration of all resident credentials is expected to finish by the first quarter of 2026, according to Ethereum Foundation President Aya Miyaguchi, who joined Ethereum co-founder Vitalik Buterin at the launch ceremony with Bhutan’s prime minister, Tshering Tobgay, and crown prince, Jigme Namgyel Wangchuk.
Source: Aya Miyaguchi
“It’s deeply inspiring to see a nation commit to empowering its citizens with self-sovereign identity,” Miyaguchi posted to X on Monday, adding that the Ethereum integration was a world-first.
“This milestone marks not only a national achievement but a global step toward a more open and secure digital future for the long term.”Integrating a blockchain-based solution into a government’s national ID system has long been touted as a promising crypto use case, due to its immutability, transparency and privacy features, particularly when zero-knowledge proofs are implemented.
Ethereum is Bhutan’s third blockchain national ID solutionBhutan previously ran its national ID system on Polygon from August 2024 and Hyperledger Indy before that. Brazil and Vietnam are among the few other countries that have partially integrated blockchain-based self-sovereign identity solutions to date.
Source: Timour Kosters
Miyaguchi noted that Bhutan’s National Digital Identity and GovTech teams played a crucial role in the Ethereum integration, as well as other contributors in the Bhutan crypto community.
Bhutan has been stacking BitcoinBhutan — a country that measures national progress by Gross National Happiness — has quietly become a leader in crypto adoption in recent years. It is currently the fifth-largest Bitcoin-holding nation-state, having amassed its holdings through mining using renewable energy at its Himalayan hydropower dams.
It currently holds 11,286 Bitcoin worth $1.31 billion, trailing only the US, China, the UK, and Ukraine, BitBo’s Bitcoin Treasuries data shows.
Bhutan may also be exploring other crypto initiatives, having met with former Binance CEO Changpeng Zhao in late September — though the details of their discussions were not disclosed.
Pay in #BNB using @Binance Pay in Bhutan🇧🇹, nice and easy. 😏 pic.twitter.com/B5p3YolJjJ
— CZ 🔶 BNB (@cz_binance) September 29, 2025
Magazine: EU’s privacy-killing Chat Control bill delayed — but fight isn’t over
2025-10-14 02:206mo ago
2025-10-13 20:156mo ago
XRP Stages Powerful Comeback After Massive Crash — Is a Bullish Reversal Underway?
XRP has shocked the crypto market with one of its most dramatic comebacks in recent months, defying expectations of a prolonged decline. After plunging nearly 60% in a single day last week, the token has rebounded sharply, regaining key technical levels and reigniting optimism among traders. From a flash low below $2.00, XRP has surged to around $2.55, signaling renewed strength and confidence in the asset’s long-term potential.
Analysts suggest that what initially appeared to be a market capitulation may have been a liquidity flush—an aggressive shakeout that cleared excessive leverage and paved the way for a recovery. The 200-day EMA has emerged as a critical battleground for XRP’s next move. If the token can hold above this level, a retest of the $2.90–$3.00 resistance zone could confirm a medium-term bullish reversal. This range also marks the upper trendline of XRP’s long-standing descending wedge pattern, often a precursor to powerful breakouts.
XRP’s recent volume surge supports the possibility of growing momentum, yet the RSI warns of continued volatility as it recovers from oversold conditions. Sustained daily closes above $2.00 and consistent trading volume are essential to confirm that this rebound is not merely a short-covering rally.
Market sentiment has shifted dramatically—from despair to cautious optimism—as traders begin to question whether this could be the biggest XRP recovery in history. If bullish momentum persists and key resistance levels fall, XRP’s resurgence may mark a defining moment in its 13-year journey, solidifying its position as one of the most resilient assets in the cryptocurrency market.
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2025-10-14 02:206mo ago
2025-10-13 20:196mo ago
Bitcoin Surges Past $115,000 as Bulls Eye the $120K Mark
Bitcoin has once again proven its dominance in the cryptocurrency market, breaking through the critical $115,000 resistance level with ease. This move underscores Bitcoin’s remarkable resilience and ability to maintain upward momentum even amid market caution. After rebounding from its 200-day moving average near $108,000, Bitcoin has shown exceptional strength, currently trading between $114,300 and $115,500. This recovery reinforces the importance of the $108,000–$115,000 range, which has historically acted as a strong support zone during mid-term corrections.
However, traders are closely watching the next major resistance near $116,000, where significant liquidity clusters and short-term sell orders begin to accumulate. Analysts warn that this zone could trigger temporary pullbacks or profit-taking before Bitcoin resumes its broader bullish trajectory. Despite this, the overall market structure remains strongly bullish. The Relative Strength Index (RSI) hovers just below the overbought threshold, signaling that Bitcoin still has room to rally before momentum cools. Additionally, the 50-day exponential moving average (EMA) has turned upward again, confirming renewed buying interest and positive sentiment.
If Bitcoin successfully consolidates above $116,000, the next target range lies between $120,000 and $122,000—a historically significant area that has previously sparked sharp corrections. A confirmed close above this level could pave the way for Bitcoin to challenge its all-time highs once more.
In essence, Bitcoin’s recent breakout highlights its enduring strength and investor confidence. While most assets struggle to sustain momentum, Bitcoin continues to defy expectations, breaking resistance levels with remarkable ease. Whether the $116,000 liquidity wall marks the start of another explosive rally or a brief pause, one thing remains clear: Bitcoin’s bull market momentum is far from over.
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2025-10-14 02:206mo ago
2025-10-13 20:246mo ago
Dogecoin Eyes $0.24 Resistance as Bulls Regain Control
Dogecoin (DOGE) is showing early signs of stabilization after recent market turbulence, as traders observe renewed buying interest around the $0.21 mark. Following a significant correction from late-September highs, DOGE appears to be forming a base that could set the stage for another upward test.
2025-10-14 02:206mo ago
2025-10-13 20:306mo ago
Grayscale Updates XRP ETF Filing—GXRP Aims for NYSE Arca as Institutional Demand Accelerates
Grayscale is accelerating XRP's integration into mainstream markets with a bold ETF move, highlighting rising institutional demand, regulatory momentum, and expanding investor appetite for crypto. Grayscale Pushes XRP ETF Plan Forward With Updated SEC Filing Investor demand for XRP-based financial instruments is expanding as institutional interest in regulated digital asset exposure deepens.
2025-10-14 02:206mo ago
2025-10-13 20:406mo ago
DeFi builders challenge Uniswap decision to restrict app access for Ukrainian users
A growing number of Ukrainian developers and DeFi advocates are publicly challenging Uniswap Labs after discovering that access to the exchange's main web interface is blocked for users in Ukraine.
2025-10-14 02:206mo ago
2025-10-13 20:526mo ago
ETH, BNB, DOGE Lead Crypto Market Recovery as Cap Hits $4 Trillion
The global cryptocurrency market rebounded strongly over the weekend, driven by Ether (ETH), Binance Coin (BNB), and Dogecoin (DOGE), as total market capitalization surged back above the $4 trillion mark. The recovery comes after Friday's flash crash erased nearly $500 billion from the market, leaving traders scrambling and presenting significant buying opportunities.
2025-10-14 02:206mo ago
2025-10-13 21:006mo ago
Ethereum OI Jumps +8.2% As Traders Chase The Pump: Leverage Fueling ETH Again
Ethereum is showing early signs of recovery after a dramatic sell-off on Friday that sent prices plunging to $3,450. The drop came amid what analysts describe as the largest liquidation event in crypto market history, wiping out billions in leveraged positions across major exchanges. While bulls briefly lost control during the panic, ETH has since begun to stabilize, with renewed buying interest emerging near key demand zones.
Onchain analyst Maartunn highlighted that leverage is once again building up on Ethereum, signaling that traders are returning to the market following the reset. According to his data, open interest on ETH surged significantly over the past 24 hours — a sign that speculative activity is resuming as volatility cools. This renewed leverage could set the stage for another decisive move, either fueling a short-term relief rally or inviting further liquidations if momentum fades.
The coming days will be crucial for Ethereum, as bulls attempt to reclaim the $4,000 level to confirm a sustainable recovery. Market sentiment remains cautious but optimistic, with onchain data showing large holders and institutions continuing to accumulate ETH despite recent turbulence — a potential signal of long-term confidence in the asset’s resilience.
Leverage Returns to Ethereum: A Risky Revival In Market Activity
According to Maartunn, Ethereum’s Open Interest has surged by +8.2% within the past 24 hours — a clear sign that leverage is flowing back into the market. This rapid rise comes just days after the largest liquidation event in crypto history, where overleveraged traders were wiped out during the sudden crash. Now, it seems many are trying to “trade their money back,” reigniting short-term volatility and speculation across exchanges.
ETH Price and OI change | Source: Maartunn
Maartunn notes that while these so-called “revenge pumps” often create strong intraday rallies, they rarely sustain long-term momentum. Historically, around 75% of similar leverage-driven recoveries tend to revert, leading to renewed pullbacks once liquidity and funding rates normalize. Only about 25% manage to extend into lasting uptrends, typically when supported by fresh spot buying or renewed institutional inflows.
This data underscores the precarious balance Ethereum currently faces. The jump in Open Interest signals revived market participation, but also introduces the risk of another wave of forced liquidations if traders overextend their positions. For now, ETH’s short-term recovery remains largely fueled by derivatives activity rather than spot demand.
The next few days will be pivotal in determining Ethereum’s direction. If price holds above the $4,000 region with sustained volume, it could confirm that bulls are regaining control. However, a sudden drop in Open Interest or sharp funding spikes could signal that the rally is overextended — setting the stage for another correction.
Ethereum Rebounds, But Resistance Looms Ahead
Ethereum is showing a solid recovery after last week’s dramatic sell-off that drove prices down to the $3,450 level. The daily chart shows that ETH quickly rebounded from the 200-day moving average (red line), confirming it as a major area of demand. Price is now consolidating near $4,150, attempting to build momentum after a strong bullish candle on high volume — a potential sign that buyers are regaining control.
ETH reclaims key levels | Source: ETHUSDT chart on TradingView
However, ETH faces immediate resistance near the $4,250–$4,300 zone, which coincides with the 50-day moving average (blue line). This area previously acted as strong support, and reclaiming it would be essential for confirming a shift back into bullish structure. The 100-day moving average (green line) is now flattening, reflecting the market’s cautious sentiment following the massive liquidation event.
If bulls manage to sustain price action above $4,000, the next targets lie near $4,500 and eventually $4,750. Conversely, failure to hold the 200-day MA could open the door to a deeper retest of $3,600 or lower. For now, Ethereum’s recovery remains technically constructive, but it must overcome these resistance levels to confirm that the recent rebound is more than just a short-term reaction to oversold conditions.
Featured image from ChatGPT, chart from TradingView.com
2025-10-14 02:206mo ago
2025-10-13 21:006mo ago
PENGU up by 17% after 6.3x surge in inflows – Details
Key Takeaways
What triggered Pudgy Penguins’ latest price rebound?
Whales increased holdings by 3.2 %, while exchange supply dropped 8.78 %, confirming steady accumulation across top wallets.
What signals hint at a Q4 rally for PENGU?
Open Interest rebounded to $160 million with volume above $1 billion, suggesting renewed bullish momentum.
The memecoin sector took one of the sharpest hits during the recent market crash. Pudgy Penguins [PENGU] rebounded 17% as the new week began, tracking a broader altcoin recovery.
In terms of performance, PENGU reduced the quarterly returns to negative 7%. The second and third quarters were the most profitable, with 171.7% and 88.5%, respectively, as per CoinRank data.
This begs the question: how will this quarter perform?
PENGU chart shows a fragile recovery
On the 3-hour chart, PENGU stayed in a bearish structure but reclaimed part of the lost range. Price hovered near $0.026 after plunging below the $0.028 – $0.040 zone and touching $0.005 during the crash.
Bollinger Bands widened at the drop, then narrowed as volatility cooled and price moved back above the mid-band—an early recovery signal.
Source: TradingView
However, PENGU needed to reclaim its support in the $0.030 region to spark a move toward $0.040. The previous high was around $0.046, a reasonable target for the fourth quarter.
The reading of the Chaikin Money Flow (CMF) was at 0.01, indicating capital was being deployed in the memecoin. Additionally, the MACD turned bullish after the crossover.
On-chain analysis showed the capital inflow data that drove the price in the last 24 hours.
On-chain data points to renewed accumulation
As per the Nansen AI analytics tool, “Smart Money” inflow had spiked by 6.3 times from the average. Still, whales were consistently longing for the memecoin following the crash to capitalize on the discount.
Spot accumulation on exchanges was also evident, as data showed Net Outflows.
About 8.78% of the Supply in Exchanges was withdrawn. Interestingly, top holders remained confident, as they did not sell even during this crash. In fact, they increased by 3.2%.
Source: Nansen AI
Capital inflow and conviction were not the only key driving factors, but also volume and spikes in long liquidations.
Open Interest rebounds as liquidations reset positions
Historically, long liquidations have sparked bullish reactions in crypto markets; for instance, the 5th of August crash sparked the rally seen in late 2024.
As per CoinGlass data, long liquidations hit $52 million.
Similarly, Volume in the last 24 hours improved with a reading of $1.07 billion at press time. CoinGlass data placed PENGU’s Open Interest at $160.27 million at press time, recovering from $134 million after a $342 million high.
Such resets have historically created short-term bullish setups across memecoins.
Source: CoinGlass
Altogether, the metrics showed strength on the day, but the ability to sustain depended on the broader market sentiment.
If capital inflows and Open Interest hold through Q4, PENGU could retest $0.040 — or even the $0.046 high — as long as broader sentiment stays risk-on.
2025-10-14 02:206mo ago
2025-10-13 21:136mo ago
Kenya passes bill to regulate Bitcoin and cryptocurrencies
New legislation seeks to spur innovation, attract foreign investment, and reinforce financial inclusion in Kenya's digital economy.
Key Takeaways
Kenya has officially enacted legislation regulating Bitcoin and other cryptocurrencies.
The Virtual Asset Service Providers Bill assigns regulatory authority over Kenya’s crypto sector to the Central Bank and Capital Markets Authority.
Kenya’s parliament has approved a landmark bill to regulate Bitcoin and other crypto assets, a move that would position the East African nation as a leader in Africa’s fintech landscape.
The Virtual Asset Service Providers Bill designates the Central Bank of Kenya to license issuers of stablecoins and virtual assets, while the Capital Markets Authority will oversee crypto exchanges and trading platforms. The legislation grants formal legal recognition to digital assets.
The move aims to encourage innovation in virtual asset services while attracting international investments in Kenya’s digital economy. The regulatory framework addresses concerns around fraud and market manipulation that have previously hindered crypto adoption in the region.
Kenya’s decision aligns with broader global trends where emerging markets are embracing Bitcoin and crypto to enhance financial inclusion. The legislation establishes clear guidelines for crypto exchanges and service providers operating within the country’s borders.
Disclaimer
2025-10-14 02:206mo ago
2025-10-13 21:276mo ago
Bitcoin Mining Firm Canaan Turns Flared Gas into Power in Canada
Key NotesThe project deploys over $2 million in Avalon A15 Pro miners at gas well sites, utilizing stranded energy resources.Aurora's system enables below-average mining costs while offering grid power resale during peak periods.Canaan generates 2.5 megawatts from 700 units, targeting expansion as AI infrastructure demand grows globally.
Canaan Inc. announced on October 13 that it has initiated a pilot mining project in Calgary, Alberta, converting flared natural gas into power for high-density computing. The effort demonstrates new energy strategies in Bitcoin
BTC
$114 822
24h volatility:
0.4%
Market cap:
$2.29 T
Vol. 24h:
$63.34 B
mining and HPC/AI data centers, addressing environmental concerns.
The Bitcoin miner company is collaborating with Aurora AZ Energy Ltd., an energy infrastructure firm specializing in natural gas wellhead power for data centers and Bitcoin mining. The partnership focuses on converting wellhead gas into cost-efficient electricity for computing operations.
Canaan will provide 90% guaranteed uptime, except during periods of extreme weather or scheduled maintenance.
Announcement of the program pilot in the Telegram group of Canaan | Source: Telegram
How Much Equipment Will be Installed?
The deployment consists of over $2 million worth of Avalon A15 Pro miners and modularized data centers installed directly at gas well sites, according to the announcement.
Aurora’s system converts stranded or flared gas into electricity, allowing Canaan to operate mining equipment at rates below industry averages. There is also a provision for selling excess power back to the grid during specific periods.
“High-density computing – whether for bitcoin mining, AI inference, or HPC workloads – requires scalable and energy-efficient power architectures. By integrating localized natural gas generation with our modular computing systems, we are transforming previously wasted resources into productive energy with the potential to power the next generation of distributed AI infrastructure,” said Nangeng Zhang, chairman and CEO of Canaan.
Green Use of Bitcoin Mining?
The project is expected to eliminate 12,000 to 14,000 metric tons of CO₂-equivalent emissions each year by utilizing gas that would otherwise be burned off. This model provides off-grid energy, reducing demands on the local electrical infrastructure, and keeps gains from Bitcoin mining. These kinds of initiatives are not new; this year, the public UK company Union Jack Oil announced a similar program, and such projects have been ongoing since 2020.
In this project, the company will deploy 700 Avalon A15 Pro units. Canaan anticipates a generation capacity of roughly 2.5 megawatts at the wellhead as the demand for energy-intensive computational work expands, particularly among hyperscalers – providers of cloud computing on a large scale – who are investing significantly in AI in 2025. Models like this are poised to both expand computing capacity and enhance energy efficiency.
If the pilot is successful, it is projected to invest roughly $350 billion in AI rollout by 2025, driving demand for energy-efficient infrastructure. Canaan and Aurora intend this pilot to serve as a template for future global expansion of computing applications tied to responsible energy practices.
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
José Rafael Peña Gholam is a cryptocurrency journalist and editor with 9 years of experience in the industry. He wrote at top outlets like CriptoNoticias, BeInCrypto, and CoinDesk. Specializing in Bitcoin, blockchain, and Web3, he creates news, analysis, and educational content for global audiences in both Spanish and English.
José Rafael Peña Gholam on LinkedIn
2025-10-14 02:206mo ago
2025-10-13 21:486mo ago
Asia Morning Briefing: China Renaissance's BNB Treasury Highlights a Shift in Asia's Crypto Playbook
Enflux says the $600 million plan reflects a new wave of Asian capital favoring infrastructure tokens that power transaction flow over store-of-value assets.
Oct 14, 2025, 1:48 a.m.
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.
China Renaissance’s reported plan to raise $600 million for a BNB-focused investment vehicle, with Binance founder Changpeng Zhao's YZi Labs investing alongside, may look like a straightforward bet on Binance’s ecosystem. But Singapore-based market maker Enflux argues it’s something deeper: a signal that Asian institutions are building a different kind of crypto exposure than their Western counterparts.
“Regional capital allocators are seeking exposure to infrastructure tokens that drive transaction flow, not just store-of-value assets,” Enflux said in a note to CoinDesk, framing the China Renaissance move as part of a broader divergence between East and West.
STORY CONTINUES BELOW
BNB is a great example of this. Binance, of course, isn't a listed company, but BNB serves as something very close to a stock. Its value is a proxy for market sentiment and confidence in Binance.
While U.S. and European markets have leaned into tokenized Treasuries, funds, and real-world assets, Asia’s capital markets are increasingly constructing crypto-native liquidity networks centered around exchange, staking, and transaction infrastructure.
"This ties into the broader shift where Asian capital markets are building out their own layer of crypto-native liquidity networks while Western markets tokenized TradFi," Enflux continued.
The logic is straightforward. Value should be accrued by activity, not scarcity. Tron's move to create a publicly listed company to give investors listed exposure to activity on the TRX network – which is heavily used to send USDT around Latin America – follows the same train of thought.
If Enflux’s thesis is right, the China Renaissance fund could be an early blueprint for Asia’s next wave of institutional products: permanent capital vehicles that hold the pipes of the crypto economy, not just its gold.
Market Movement:BTC: BTC is trading above $114,500, relatively flat as the market stabilizes after last weekend's volatility.
ETH: ETH rose 1.5% to $4,230 as network activity picked up, even as U.S.-listed Ethereum ETFs saw $118 million in outflows.
Gold: Gold surged 2% to a record $4,103 an ounce as renewed U.S.-China trade tensions and expectations of further Fed rate cuts drove investors toward safe-haven assets.
Nikkei 225: Asia-Pacific markets traded mixed Tuesday as Trump’s conciliatory remarks on China failed to offset renewed trade tensions, with Japan’s Nikkei 225 down 1.34%.
Elsewhere in Crypto:Crypto market structure bill may need to wait until after the midterm election, says TD Cowen (The Block)Tom Lee's Bitmine Bought the Dip, Adding Over 200K ETH to Ethereum Treasury (CoinDesk)Ripple Is Offering $200K to 'Attack' XRP Ledger Lending Protocol (Decrypt)More For You
Total Crypto Trading Volume Hits Yearly High of $9.72T
Sep 9, 2025
Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025
What to know:
Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report
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Bitcoin Miners Lead Crypto Stock Bounce as OpenAI-Broadcom Deal Fuels AI Trade
6 hours ago
Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for computing power.
What to know:
Crypto mining stocks led the rebound from Friday's market downturn as Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday. Optimism for the sector was bolstered by OpenAI's deal with Broadcom to build custom chips and Bloom Energy's $5 billion agreement with Brookfield Asset Management to deploy fuel cells for AI data centers.Coinbase, Strategy and Robinhood booked modest gains.Read full story
2025-10-14 02:206mo ago
2025-10-13 22:006mo ago
Bitcoin Market Structure Resets For A Fresh Start: Data Hints At Price Recovery
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Bitcoin has faced one of its most volatile weeks in recent history, plunging to $103,000 on Friday in a dramatic 15% drop that erased billions in market value within hours. The sudden sell-off triggered widespread liquidations across the crypto market, wiping out leveraged positions and sparking panic among traders. However, price action is now showing early signs of recovery, with some analysts suggesting that this sharp correction could pave the way for a stronger, more sustainable uptrend.
According to a recent report from CryptoQuant, this event marks one of the most severe market resets ever recorded, with potential ripple effects expected to shape price behavior for months to come. Following Bitcoin’s peak last week, open interest — a measure of futures market activity — dropped sharply by $12 billion, from $47 billion to $35 billion. This represents one of the largest contractions in derivatives positioning seen in recent years.
Such massive deleveraging historically precedes a healthier market structure, as excessive speculation is flushed out. While volatility remains elevated, the combination of reduced leverage and renewed inflows from stablecoin reserves could position Bitcoin for a gradual recovery — if demand holds steady and buyers regain confidence in the coming sessions.
Market Reset Clears the Path For Bitcoin
The CryptoQuant report highlights a notable shift in Bitcoin’s market structure following Friday’s massive correction. Funding rates, which had been declining steadily for months, briefly turned negative during the capitulation event — a clear sign that traders flipped bearish in panic. However, these rates have since normalized to modestly positive levels, indicating that sentiment is stabilizing and short-term speculation is being replaced by more balanced positioning.
Bitcoin Funding Rates All Exchanges | Source: CryptoQuant
Another key metric, the Bitcoin Estimated Leverage Ratio (ELR), also dropped significantly after reaching levels not seen since 2022. This sharp reduction points to a widespread deleveraging across derivatives markets, as overexposed traders were forced to unwind positions. Such events often act as a “reset” for market health, flushing out excessive leverage and setting the stage for more sustainable growth.
Meanwhile, the Bitcoin Stablecoin Supply Ratio (SSR) fell to its lowest point since April. This decline implies that stablecoin liquidity — or the potential buying power sitting on the sidelines — has risen substantially relative to Bitcoin’s market capitalization. Historically, when stablecoin liquidity increases after major sell-offs, it often signals an accumulation phase that precedes recovery.
BTC Attempts Recovery After Sharp Correction
Bitcoin is showing signs of stabilization after its steep decline to the $103,000 level on Friday. The daily chart reveals that BTC has rebounded sharply, currently hovering around $115,000. This recovery suggests that buyers are stepping in around key demand zones, defending the 200-day moving average — a historically critical level for maintaining long-term bullish momentum.
BTC consolidates after sharp decline | Source: BTCUSDT chart on TradingView
Despite the bounce, Bitcoin remains below the $117,500 resistance, a level that previously acted as strong support. Bulls must reclaim and close above this zone to confirm a continuation toward $120,000 and potentially retest the $125,000 range. Until then, the price remains within a consolidation phase following an extreme liquidation event.
The moving averages (50-day and 100-day) show a near-term bearish crossover risk, reflecting the market’s cautious tone. However, the quick rebound from last week’s capitulation indicates strong underlying demand and the potential for a higher low formation — a constructive technical sign.
If BTC manages to hold above $112,000 and regain $117,500, momentum could shift back in favor of buyers. Conversely, failure to sustain these levels could expose the market to another retest of lower supports around $108,000.
Featured image from ChatGPT, chart from TradingView.com
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Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.
As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastian's contributions quickly gained recognition, and he became a trusted voice in the online crypto community.
To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.
Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K forms, or engaging in thought-provoking discussions about the future of finance.
Sebastian's journey as a crypto analyst and investor has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable asset to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and contributing to the growth of this revolutionary technology.
2025-10-14 02:206mo ago
2025-10-13 22:006mo ago
Bitcoin Direction Still Unclear: Analyst Says Watch These Key Charts
An analyst has revealed the key Bitcoin charts that could be to keep an eye on while Bitcoin is slowly making recovery from its latest crash.
These Bitcoin Charts Could Be Ones To Watch
In a shock to the market, Bitcoin ended last week with a steep crash, falling from above $122,000 to below $110,000. The coin managed to make some recovery on Sunday, and that rebound has held so far into Monday.
However, while BTC appears to be rebuilding its structure, its direction remains unclear, as noted by CryptoQuant community analyst Maartunn in an X thread. Maartunn has shared a few key charts that could determine whether the recovery will hold or fade.
First, the analyst has revealed a chart that points out a similarity between the recent Bitcoin price action and the November 2021 bull market top.
Looks like the price of the coin recently failed a breakout above the weekly resistance line | Source: @JA_Maartun on X
As displayed in the above graph, BTC broke above its weekly resistance with the recent price rally, but immediately fell below the line after the crash. A similar failed breakout also took place back in November 2021. According to Maartunn, such a trend typically signals exhaustion.
On-chain data also suggests the cryptocurrency is currently trapped below a notable resistance level, as the chart for the UPRD shows.
The data for the latest URPD of BTC | Source: @JA_Maartun on X
The UTXO Realized Price Distribution (URPD) here is an indicator that tells us about the amount of Bitcoin that was last purchased/transferred at the various price levels that the asset has visited in its history.
From the metric’s chart, it’s visible that a significant amount of supply has its cost basis between $117,500 to $120,000. The holders of these coins would naturally be underwater right now, so there is a chance that if BTC recovers to their break-even level, they might panic sell, fearing going into losses again.
Given the scale of the supply involved, selling pressure of this kind could be notable on a retest of the range, potentially making it a major resistance barrier for the asset.
A support level that could be key is the average cost basis or Realized Price of the short-term holders (STHs).
The trend in the Realized Price of the STHs over the last couple of months | Source: @JA_Maartun on X
The line has historically helped the asset find a rebound during bullish trends, with three instances of the trend occurring within the last six weeks alone. The analyst has warned, however, that conviction among the cohort is fading.
The Market Value to Realized Value (MVRV) Ratio suggests profitability among the Bitcoin STHs has been following a long-term decline, with the boundary level of 1 again being retested.
The STH MVRV Ratio has plunged in recent days | Source: @JA_Maartun on X
“If this level breaks, expect downside. If it holds, it confirms demand — but manage risk accordingly!” noted Maartunn in the thread.
BTC Price
At the time of writing, Bitcoin is floating around $114,100, down over 8% in the last seven days.
The coin’s price has made some recovery from its crash | Source: BTCUSDT on TradingView
Featured image from Dall-E, CryptoQuant.com, charts from TradingView.com
Bitcoin price corrected losses and traded above the $114,200 level. BTC is now struggling and might face hurdles near the $116,000 level.
Bitcoin started a recovery wave above the $114,000 resistance level.
The price is trading below $115,000 and the 100 hourly Simple moving average.
There is a bearish trend line forming with resistance at $119,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move down if it trades below the $112,500 zone.
Bitcoin Price Faces Hurdles
Bitcoin price started a recovery wave above the $110,000 pivot level. BTC recovered above the $112,500 and $113,200 resistance levels.
The price climbed above the 50% Fib retracement level of the main drop from the $123,750 swing high to the $100,000 low. The bulls even pushed the price above the $114,000 resistance level. However, there are many hurdles on the upside.
Bitcoin is now trading below $116,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $119,250 on the hourly chart of the BTC/USD pair.
Immediate resistance on the upside is near the $115,000 level. The first key resistance is near the $116,000 level. The next resistance could be $118,150 and the 76.4% Fib retracement level of the main drop from the $123,750 swing high to the $100,000 low.
Source: BTCUSD on TradingView.com
A close above the $118,150 resistance might send the price further higher. In the stated case, the price could rise and test the $119,250 resistance and the trend line. Any more gains might send the price toward the $120,000 level. The next barrier for the bulls could be $122,500.
Another Drop In BTC?
If Bitcoin fails to rise above the $115,000 resistance zone, it could start a fresh decline. Immediate support is near the $113,600 level. The first major support is near the $112,500 level.
The next support is now near the $111,200 zone. Any more losses might send the price toward the $110,500 support in the near term. The main support sits at $110,000, below which BTC might struggle to recover in the short term.
Technical indicators:
Hourly MACD – The MACD is now gaining pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.
Major Support Levels – $113,500, followed by $112,500.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-14 01:206mo ago
2025-10-13 20:176mo ago
Broadcom CEO Hock Tan goes one-on-one with Jim Cramer
Broadcom President and CEO Hock Tan joins 'Mad Money' host Jim Cramer to talk the recently announced deal with OpenAI, competition in the space, and more.
2025-10-14 01:206mo ago
2025-10-13 20:276mo ago
NX Investors Have Opportunity to Lead Quanex Building Products Corporation Securities Fraud Lawsuit
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Quanex Building Products Corporation (NYSE: NX) between December 12, 2024 and September 5, 2025, both dates inclusive (the "Class Period"), of the important November 18, 2025 lead plaintiff deadline.
So what: If you purchased Quanex securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Quanex class action, go to https://rosenlegal.com/submit-form/?case_id=45157mailto:or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) Quanex's procedures and policies regarding tooling and equipment maintenance in its Tyman Mexico facility were significantly "underinvested"; (2) as a result, Quanex's tooling and equipment conditions had significantly degraded to near "catastrophic" levels; (3) as a result of the foregoing, Quanex was likely to incur significant costs, "pushing out the timing" of expected benefits from the Tyman integration; (4) Quanex had previously identified the foregoing issues; and (5) as a result of the foregoing, defendants' positive statements about Quanex's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Quanex class action, go to https://rosenlegal.com/submit-form/?case_id=45157 mailto:call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
SOURCE THE ROSEN LAW FIRM, P. A.
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2025-10-14 01:206mo ago
2025-10-13 20:286mo ago
JSPR Investors Have Opportunity to Lead Jasper Therapeutics, Inc. Securities Fraud Lawsuit
Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Jasper Therapeutics, Inc. (NASDAQ: JSPR) between November 30, 2023 and July 3, 2025, both dates inclusive (the "Class Period"), of the important November 18, 2025 lead plaintiff deadline.
So what: If you purchased Jasper Therapeutics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Jasper Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=45109 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Jasper lacked the controls and procedures necessary to ensure that the third-party manufacturers on which it relied were manufacturing products in full accordance with cGMP regulations and otherwise suitable for use in clinical trials; (2) the foregoing failure increased the risk that results of ongoing studies would be confounded, thereby negatively impacting the regulatory and commercial prospects of Jasper's products, including briquilimab; (3) the foregoing increased the likelihood of disruptive cost-reduction measures; (4) accordingly, Jasper's business and/or financial prospects, as well as briquilimab's clinical and/or commercial prospects, were overstated; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Jasper Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=45109 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
SOURCE THE ROSEN LAW FIRM, P. A.
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