Market Signal Briefing

Winton Led the Successful Restart of America's Newest Copper Mine, Johnson Camp, Within One Year of Breaking Ground
October 09, 2025 5:00 PM EDT | Source: Gunnison Copper Corp.
Phoenix, Arizona--(Newsfile Corp. - October 9, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company"), America's newest copper producer, is pleased to announce the promotion of Robert Winton to the role of Chief Operating Officer (COO), effective immediately.

Mr. Winton has been with the Company since August 2020, serving as Senior Vice President Operations and General Manager. He has played a pivotal role in transforming the Johnson Camp Mine from care-and-maintenance into a fully operational mine, culminating in first copper production and commercial sales in 2025, establishing Gunnison as a new U.S. copper producer.

"Robert's promotion is a well-deserved recognition of his exceptional leadership and operational expertise," stated Stephen Twyerould, President and Chief Executive Officer of Gunnison Copper. "Under his direction, the team brought the Johnson Camp Mine into production within a year of breaking ground - an extraordinary achievement that reflects his unwavering dedication to operational discipline, safety, and execution excellence. His leadership has been instrumental in embedding a culture of accountability, performance, and safety across our operations."

As Chief Operating Officer, Mr. Winton will oversee all site operations, project development, and integration of upcoming work programs across the Company. He will also continue to advance collaboration with Nuton LLC, a Rio Tinto venture, with first copper production using their advanced bio-leaching technologies expected later this year.

"It's been incredibly rewarding to see the Johnson Camp team deliver America's newest source of copper cathode," said Robert Winton, Chief Operating Officer. "I'm proud of the disciplined foundation we've built and excited to lead Gunnison's next phase of growth as we expand production and help secure America's domestic copper supply."

Mr. Winton brings more than 25 years of experience in mining operations, technical services, and project execution, having previously held senior operational roles with several North American base-metal producers, including Hudbay Minerals, prior to joining Gunnison Copper.

ABOUT GUNNISON COPPER

Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District (the district), containing 12 known deposits within an 8 km economic radius, in the Southern Arizona Copper Belt.

Its flagship asset, the Gunnison Copper Project, has a Measured and Indicated Mineral Resource containing over 831.6 million tons with a total copper grade of 0.31% (Measured Mineral Resource of 191.3 million tons at 0.37% and Indicated Mineral Resource of 640.2 million tons at 0.29%), and a preliminary economic assessment ("PEA") yielding robust economics including an NPV8% of $1.3Billion, IRR of 20.9%, and payback period of 4.1 years. It is being developed as a conventional operation with open pit mining, heap leach, and SX/EW refinery to produce finished copper cathode on-site with direct rail link.

The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

In addition, Gunnison's Johnson Camp Asset, which is now in production, is fully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of up to 25 million lbs of finished copper cathode annually.

Other significant deposits controlled by Gunnison in the district, with potential to be economic satellite feeder deposits for Gunnison Project infrastructure, include Strong and Harris, South Star, and eight other deposits.

For additional information on the Gunnison Project, including the PEA and mineral resource estimate, please refer to the Company's technical report entitled "Gunnison Project NI 43-101 Technical Report Preliminary Economic Assessment" dated effective November 1, 2024 and available on SEDAR+ at www.sedarplus.ca.

Dr. Stephen Twyerould, Fellow of AUSIMM, President and CEO of the Company is a Qualified Person as defined by NI 43-101. Dr. Twyerould has reviewed and is responsible for the technical information contained in this news release.

For more information on Gunnison, please visit our website at www.GunnisonCopper.com.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" concerning anticipated developments and events that may occur in the future. Forward-looking information contained in this news release includes, but is not limited to, statements with respect to: (i) the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; (ii) the continued funding of the stage 2 work program by Nuton; (iii) the details and expected results of the stage two work program; (iv) timelines for future production and production capacity from the Company's mineral projects; (v) details of the expected economic impact of the Gunnison Project; (vi) the results of the preliminary economic assessment on the Gunnison Project; (vii) the benefits of Mr. Winton's appointment; (viii) securing America's domestic copper supply; and (ix) the exploration and development of the Company's mineral projects.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, Nuton will continue to fund the stage 2 work program, the availability of financing to continue as a going concern and implement the Company's operational plans, the estimation of mineral resources, the realization of resource and reserve estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, Nuton failing to continue to fund the stage 2 work program, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269901

, /PRNewswire/ -- Elong Power Holding Limited. (NASDAQ: ELPW) (the "Company"),  today announced that it received a notification letter, dated October 3, 2025 (the "Notification Letter "), from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), notifying the Company that it is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1), because the closing bid price of the Company's ordinary shares was below $1.00 per share for 30 consecutive business days.

On the Notification Date, the Company also received notification letters from the staff at Nasdaq notifying the Company that, for the 30 consecutive business days prior to the date of the letters, the Company's Market Value of Listed Securities ("MVLS") was below the minimum of $50 million required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(A) and the Company's Market Value of Publicly Held Shares ("MVPHS") was below the minimum of $15 million required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(C). The letters are only a notification of deficiency, not of imminent delisting, and have no current effect on the listing or trading of the Company's securities on Nasdaq.

The Company would like to clarify that the Notification Letters has no current effect on the listing or trading of the Company's securities on Nasdaq. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), 5810(c)(3)(C) and 5810(c)(3)(D), the Company has a period of 180 calendar days from the Notification Date, until April 1, 2026, to regain compliance with the minimum bid price requirement, the minimum MVLS requirement and the minimum MVPHS requirement. During this period, the Company's ordinary shares will continue to trade on the Nasdaq Global Market. If at any time before April 1, 2026, the bid price of the Company's ordinary shares closes at or above $1.00 per share for a minimum of ten consecutive trading days, and the Company's MVLS and MVPHS close at or above $50 million and $15 million for a minimum of ten consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

The Company intends to monitor the closing bid price of its Class A ordinary shares, MVLS and MVPHS between now and April 1, 2026, and is intending to take all reasonable measures to regain compliance under the Nasdaq Listing Rule. The Company is currently in compliance with all other Nasdaq continued listing standards. The Notification Letter does not affect the Company's business operations, its U.S. Securities and Exchange Commission reporting requirements or contractual obligations.

About Elong Power

Elong Power Holding Limited, a Cayman Islands exempted company, is committed to the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. Elong Power is led by Ms. Xiaodan Liu, Elong Power's Chairwoman and CEO.

Elong Power has a comprehensive product and technology system that includes battery cells, modules, system integration, and battery management system development, based on high-power lithium-ion batteries and battery system products for long-cycle energy storage devices. Elong Power offers advanced energy applications and full life cycle services. Its product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios.

Forward-looking Statements

This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the products offered by Elong Power and the markets in which it operates, and Elong Power's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including, but not limited to: the ability of Elong Power to maintain the listing of its securities on Nasdaq; the fact that the price of Elong Power's securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which Elong Power operates; variations in performance across competitors; changes in laws and regulations affecting Elong Power's business and changes in its capital structure; the ability to implement business plans, meet forecasts and other expectations; its need for substantial additional funds; the parties' dependence on third-party suppliers; risks relating to the results of research and development activities, market and other conditions; its ability to attract, integrate, and retain key personnel; risks related to its growth strategy; risks related to patent and intellectual property matters; and the ability to obtain, perform under and maintain financing and strategic agreements and relationships. Accordingly, these forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding Elong Power's business are described in detail in Elong Power's SEC filings which are available on the SEC's website at www.sec.gov, including in Elong Power's Shell Company Report on Form 20-F and Elong Power's subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and Elong Power expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions, or circumstances on which any such statement is based, except as required by law.

Elong Power Investor Contact

[email protected]
[email protected] 

SOURCE Elong Power

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October 09, 2025 17:01 ET

 | Source:

Integral Metals Corp.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Integral Metals Corp. (CSE: INTG | FSE: ZK9) (the “Company” or “Integral”) is pleased to announce that it intends to complete a non-brokered private placement offering of units of the Company (“Units”), at a price of C$0.80 per Unit, for aggregate gross proceeds of up to C$2,000,000. Each Unit will be comprised of one common share of the Company (each, a “Share”) and one Share purchase warrant (“Warrants”), with each Warrant entitling the holder to acquire one Share (each, a “Warrant Share”) at a price of C$0.95 for a period of 24 months.

The Company intends to use the net proceeds raised from the Offering to fund exploration activities on the Company’s mineral projects, and for working capital and general corporate purposes, including investor relations activities.

All securities issued in the Offering will be subject to a four month and one day hold period. Closing of the Offering is subject to the Company’s receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange. The Offering is expected to close on or about October 23, 2025.

The securities issued pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

On Behalf of the Board Directors
Paul Sparkes
Chief Executive Officer 825-414-3163
[email protected]

ABOUT INTEGRAL METALS CORP.

Integral is an exploration stage company, engaged in the business of mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, with the goal of contributing to the development of a domestic supply chain for these minerals. Integral holds properties in mining-friendly jurisdictions in Canada and the United States of America, including the Northwest Territories, Manitoba and Montana, where it has received regulatory support for its exploration efforts.

Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the anticipated completion date of the Offering, the anticipated amount of proceeds therefrom, the proposed use of proceeds therefrom, as well as the Company’s receipt of all necessary regulatory approvals.

Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, including, in respect of the forward-looking information included in this press release, assumptions regarding the Company’s ability to complete the Offering and the amount of proceeds to be raised therefrom, the Company’s receipt of all necessary regulatory approvals, and the future plans and strategies of the Company. Although forward-looking information is based on the reasonable assumptions of the Company’s management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among other things, the risk that the Company may not be able to complete the Offering as contemplated, or at all, and that the Company’s plans with respect to the use of any proceeds received from the Offering may change; that the Company may not receive the necessary regulatory approvals, and the risk that the Company’s business prospects and priorities may change, whether as a result of unexpected events, general market and economic conditions or as a result of the Company’s future exploration efforts, and that any such change may result in a re-deployment of the Company’s resources and efforts in a manner divergent from the Company’s current business plan or strategy. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.

October 09, 2025 5:01 PM EDT | Source: IAMGOLD Corporation
Toronto, Ontario--(Newsfile Corp. - October 9, 2025) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its third quarter 2025 operating and financial results after market hours on Tuesday, November 4, 2025. Senior management will host a conference call to discuss the operating performance and financial results on Wednesday, November 5, 2025, at 8:30 a.m. (Eastern Time).

Listeners may access the conference call via webcast from the events section of the Company's website at www.iamgold.com (webcast link below), or through the following options:

Pre-register via: Chorus Call IAMGOLD Q3 2025 Registration (recommended) – Upon registering, you will receive a calendar booking by email with dial-in details and unique PIN. This process will bypass the operator and avoid the queue.
Toll free (North America): 1 (833) 752-3518
International: 1 (647) 846-8209
Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=EqcFQg71

An online archive of the webcast will be available by accessing the Company's website at www.iamgold.com. A telephone replay will be available for one month following the call by dialing toll free 1 (855) 669-9658 within North America or 1 (412) 317-0088 from international locations and entering the passcode: 6671806.

About IAMGOLD

IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa, including Côté Gold (Canada), Westwood (Canada) and Essakane (Burkina Faso). The Côté Gold Mine achieved full nameplate in June 2025 and has the potential to be among the largest gold mines in Canada. IAMGOLD operates Côté in partnership with Sumitomo Metal Mining Co. Ltd. In addition, the Company has an established portfolio of early stage and advanced exploration projects within high potential mining districts. IAMGOLD employs approximately 3,700 people and is committed to maintaining its culture of accountable mining through high standards of Environmental, Social and Governance practices. IAMGOLD is listed on the New York Stock Exchange (NYSE: IAG) and the Toronto Stock Exchange (TSX: IMG).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269813

On-chain analytics indicate that insiders are starting to sell YEPE, which prominent trader James Wynn promoted.

Summary

YEPE, memecoin tied to James Wynn, fell 25% after insiders started selling
At launch, insiders likely controlled more than 60% of the token, on-chain data shows
So far, insiders have made $1,4 million in profits, and still hold more than 50% of the supply

Memecoin season, especially on BNB, seems to be coming back. But with it, there’s also an explosion of questionable projects. On Thursday, October 9, Yellow Pepe, also known as YEPE, linked to James Wynn, saw a significant correction after apparent insiders started selling.

The BNB-based (BNB) memecoin dropped 25%, from 0.4% to 0.3%, after gaining more than 400% in just days since its launch. Likely the main driver of its rally was the endorsement of a high-profile trader, James Wynn, known for his ultra-leveraged trades, leading both to giant gains and losses.

Yellow Pepe (YEPE) price action since its launch | Source: Bubble Maps
In an X post, Wynn shared the token’s address, claiming that “YEPE is flying,” and that the “market has spoken”. Predictably, this led to his followers investing in this new memecoin.

YEPE token shows red flags since launch
Still, the token displayed red flags from its launch. Blockchain analytics platform Bubble Maps revealed on October 5, the day of its launch, that insiders held 60% of YEPE. Such a high concentration is usually a red flag and can lead to significant pressure on the price as insiders start selling.

YEPE wallet nodes, indicating potential insider wallets | Source: Bubble Maps
Predictably, this is exactly what happened. On October 8, insiders started dumping their YEPE positions, making $1.4 million in profits by the next day. What’s more, despite this selling spree, insiders still hold more than 50% of the token’s supply, according to Bubble Maps.

Key takeaways:

Ethereum’s onchain activity is structurally higher, signaling durable growth.

Institutional inflows and RWA tokenization are major catalysts for ETH demand.

Technicals suggest a potential bottom near $4,100 to $4,250.

Ether’s (ETH) onchain activity has entered what analysts termed a “new normal,” with sustained network engagement and rising institutional flows providing the clearest fundamental catalyst yet for a bull market continuity. 

Data from CryptoQuant shows Ethereum’s Internal Contract Calls, a metric tracking complex network interactions such as DeFi and real-world asset (RWA) tokenization, has undergone a structural shift since mid-July. The daily average has climbed to over 9.5 million from 7 million, signaling a durable increase in ecosystem depth rather than a short-term speculative rise.

Ethereum internal contract calls. Source: CryptoQuantAnalysts attribute the surge to three converging factors: regulatory clarity around stablecoins in the US, record institutional inflows into spot Ether ETFs, and the rise of a so-called “treasury war” among corporations accumulating ETH as a long-term asset.

These trends have reshaped Ether’s demand dynamics, driving both gas usage and staking participation to their highest levels in 2025.

That growth is mirrored in the expanding RWA sector. Data from RWA.xyz showed that the value of tokenized real-world assets has ballooned to $11.71 billion in 2025 from $1.5 billion on Jan. 1, 2024, a surge of nearly 680%.

Ethereum remains the dominant base layer, commanding a 56.27% market share, nearly five times larger than ZKsync Era’s 11.83%. BlackRock’s BUIDL fund, the largest tokenized RWA product, alone accounts for about $2.4 billion on Ethereum.

RWA tokenized value in USD on Ethereum. Source: RWA.xyz Preference for the ETH network could stem from its track record of reliability with zero downtime since inception, compared to competitors like Solana, which has recorded at least seven major outages over the past five years.

Although it is important to note that the last major outrage for Solana took place in February 2024, more than a year ago.

Ether could dip to $4,000, but long-term targets are higherEther’s dip continued to stretch, falling sharply to $4,300 on Thursday, after its fourth rejection near the $4,800 resistance in less than ten weeks. The price ceiling underlined the market’s ongoing hesitation at higher levels, where liquidity remains heavily concentrated.

Following a brief attempt to stabilize around $4,400, ETH struggled to regain momentum, suggesting that short-term sentiment remains cautious. The price continued to oscillate between higher time frame range highs and lows, indicating that traders are largely interacting around established liquidity zones rather than initiating new trend formations.

Ether four-hour chart. Source: Cointelegraph/TradingViewOn the technical front, Ether appears to be approaching a critical support band between $4,100 and $4,250, which aligns with both daily and 4-hour order blocks, usually linked with high buying activity. The relative strength index or RSI on the four-hour chart is nearing oversold territory, hinting at the potential for a short-term bottom formation.

Trader Crypto Caesar noted that while a dip below $4,000 remains possible, it could serve as a final shakeout before a surprise recovery toward $10,000 later this month.

Supporting the bullish long-term view, investor Jelle pointed to Ether’s breakout from a megaphone pattern, a structure that often precedes significant upside moves. The trader added,

“$ETH broke out from the bullish megaphone, retested it, shook a bunch of people out again — and now looks ready for continuation. Target remains $10,000. Send it.”Ether megaphone pattern analysis by Jelle. Source: XThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Powell’s silence on rates to fuel Bitcoin’s path toward $150,000 Gino Matos · 5 seconds ago · 2 min read

Jerome Powell avoided talking about inflation and rates on his Community Bank Conference speech, which the market sees as "strategic silence."

Oct. 9, 2025 at 8:08 pm UTC

2 min read

Updated: Oct. 9, 2025 at 8:08 pm UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Fed Chair Jerome Powell avoided discussing monetary policy during his Oct. 9 Community Bank Conference remarks, supporting Bitcoin’s continued advance toward $150,000.

Matt Mena, Crypto Research Strategist at 21Shares, stated in a note that this was a “strategic omission” by Powell.

He characterized the narrow focus as “effectively a green light for risk assets” because the US data blackout mutes the macro shocks that typically pressure Bitcoin and nudges policy expectations dovish.

With the federal shutdown halting major releases, such as jobs and CPI, traders and the Fed have less hard information to justify new hikes.

Additionally, Bitcoin captured over $2.5 billion in inflows from Oct. 6 through Oct. 8, including Monday’s $1.2 billion single-day haul that ranks as the second-largest on record and drove prices to $126,000.

Flows moderated to $440.7 million on Oct. 8 as the dollar strengthened due to rising Japanese government bond yields, likely prompting tactical de-risking.

Markets now price a 95% probability of a 25 basis point (bps) rate cut at the upcoming FOMC meeting, according to CME FedWatch Tool data. December cut odds stand at 81.5% on CME.

On Polymarket, the odds of a 25 bps rate cut in December are at 71%. Meanwhile, expectations that the US government shutdown would remain in place until at least Oct. 15 reached an all-time high of 88%.

Combined, the odds reflect expectations that extended data delays from the shutdown will prompt the Fed to consider additional easing.

Mena stated:

“The market is clearly digesting gains before its next leg higher, and structurally, it’s hard to see a top forming with liquidity building underneath. Once BTC breaks above $130,000, I expect it to move quickly toward $150,000 – almost like a magnet.”

He added that the consolidation near all-time highs occurs as both the Nasdaq and gold print fresh records almost daily, strengthening the two pillars Bitcoin straddles.

While gold serves as a hedge against currency debasement, strengthening Bitcoin’s narrative as an asset for the “debasement trade,” Nasdaq represents tech proxies for innovation and growth.

Mena projects Bitcoin could reach $150,000 by year-end, representing a 22% gain from current levels.

He concluded:

“Powell may have stayed silent, but liquidity expectations are apparent, and the rest of the market seems to be catching the bid.”

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STSS integrates Coinbase infrastructure to manage its $400M Solana holdings, signaling strong institutional crypto confidence.

Izabela Anna2 min read

9 October 2025, 07:13 PM

Sharps Technology, Inc. (NASDAQ: STSS) is deepening its commitment to digital assets through a new collaboration with Coinbase Global, Inc. The partnership marks a major step in the company’s long-term strategy to build one of the largest Solana-based treasuries in the corporate world. By integrating Coinbase’s institutional-grade infrastructure, STSS aims to strengthen its position within decentralized finance while promoting broader adoption of digital assets.

Strengthening Treasury Management with CoinbaseAccording to the press release, STSS has accumulated over two million Solana (SOL) tokens, valued at more than $400 million with SOL trading above $210. The firm intends to leverage Coinbase Prime’s custody and OTC desk solutions to optimize its treasury operations. 

According to strategic advisor James Zhang, Coinbase provides the deep liquidity, security, and execution efficiency required to manage a major digital asset portfolio. Moreover, this move highlights STSS’s confidence in Solana’s ecosystem and its growing relevance in institutional finance.

Besides custody, Coinbase’s infrastructure offers the scalability needed to handle volatile markets and large trades efficiently. This collaboration could position STSS as a key corporate player bridging traditional finance and blockchain-based asset management. Hence, its decision aligns with a broader industry trend where companies are actively diversifying into crypto-based treasuries for growth and value preservation.

Solana’s Technical Structure Signals Macro Bullish SetupDespite a slight dip in Solana’s price to around $218, analysts remain overwhelmingly bullish. Solana Sensei, a popular market analyst, describes the current chart as “absurdly bullish,” highlighting a multi-year cup-and-handle formation nearing completion. 

The pattern began after the 2021 peak and formed a curved accumulation base through 2022 and 2023. Higher lows from $8 to $200 indicate strong institutional positioning and sustained demand.

Source: X

Once Solana clears the $260–$290 resistance zone, analysts anticipate an explosive move into price discovery. Such a breakout could ignite a parabolic rally toward $350–$400, marking a new macro reversal for the asset. The setup, according to Solana Sensei, reflects “smart-money positioning” and the type of momentum that could make Solana “teleport” beyond its previous highs.

Bitwise Solana ETF Adds Another Layer of SupportAdding to this momentum, Bitwise has amended its filing for a “Bitwise Solana Staking ETF.” The fund will be 100% physically backed by SOL tokens and will include staking features, allowing investors to earn blockchain rewards. With a low management fee of 0.20%, the ETF aims to attract both institutional and retail investors.

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Izabela Anna

Izabela Anna is a knowledgeable freelance journalist, who boasts over five years of experience covering the cryptocurrency market. Her tenure has seen her navigate through the ebbs and flows of multiple market cycles, giving her a deep understanding within. Her journalistic focus lies in dissecting price action dynamics, scrutinizing the on-chain landscape, and providing insights from a technical perspective, making her a trusted voice in the realm of cryptocurrency reporting.

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Bitcoin could potentially reach $250,000 per coin by the end of 2025, according to Arthur Hayes, co-founder of BitMEX. Speaking on The Rollup, Hayes outlined a scenario in which a White House strategy aimed at consolidating control over the Federal Reserve could trigger massive liquidity injections into the economy, ultimately benefiting digital assets.

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Posted: October 10, 2025

Key Takeaways
How did a Bitcoin whale short $420 million worth of BTC?
The whale deposited $80 million in USDC on Hyperliquid and used 5x leverage to open a $420 million short.

Does this signal a major Bitcoin dump?
Not yet. Funding rates remain positive at 0.0043%, showing traders still lean long.

A major Bitcoin [BTC] whale has opened one of the largest short positions seen in months.

On-chain data from Arkham Intelligence revealed that the trader deposited $80 million in USDC on Hyperliquid, using over 5x leverage to short Bitcoin for a total exposure of $420 million. 

The whale also transferred $50 million to Binance, hinting at a similar short position there.

Needless to say, the timing has raised alarms. Especially since at press time, Bitcoin seemed to be trading at around $121,000 following a week of volatile gains and consistent ETF inflows. According to Arkham, the whale’s move signals a high-stakes bet against the market, a “massive dump” in the making if price momentum weakens.

Derivatives data paints a mixed picture
Despite the whale’s aggressive positioning, it can be argued that traders remain cautiously optimistic.

According to Coinglass, Bitcoin’s OI-weighted funding rate stood at 0.0043% on 09 October, still positive – A sign that longs continue to dominate the market. Meanwhile, total long liquidations hit $121 million in 24 hours, compared to $63 million in short liquidations.

Source: Coinglass

This suggested that while some leverage longs are being flushed out, broader sentiment hasn’t turned decisively bearish.

ETF inflows continue to offset bearish bets
Even with the whale’s short position, institutional demand has been consistently firm lately. 

In fact, data from SosoValue revealed that Bitcoin Spot ETFs saw eight consecutive days of inflows. These inflows have helped stabilize market confidence, despite occasional volatility spikes.

If funding rates turn negative or short liquidations surge, that could confirm a shift in sentiment. However, for now, the market might be reading the whale’s bet as a tactical play, rather than the start of a major dump.

Price outlook – Signs of exhaustion, but structure intact
At press time, Bitcoin’s daily chart highlighted the price struggling to hold above the $121,000-level after multiple rejections near $123,000. The latest candle saw a 1.9% decline, hinting at mild selling pressure after a week-long rally.

Source: TradingView

The Relative Strength Index [RSI] stood at around 58, indicating cooling momentum without yet entering oversold territory.

Meanwhile, the recent Break of Structure [BOS] and Change of Character [ChoCH] signals indicated that BTC remains in a higher-timeframe uptrend. However, short-term volatility could persist if the whale short triggers broader fear.

Immediate support lay near $118,000, followed by stronger demand around $112,000. On the upside, BTC must reclaim $123,500 to confirm a renewed push towards $126,000–$128,000.

Overall, while the structure remains intact, the momentum has weakened. This could lend more weight to short-term bearish bets like the aforementioned whale’s position.

This is typically the last step that firms take before launching their vehicles. Hence, we could get the market’s very first spot Litecoin ETF by next week or so.

The question would be, is there enough retail and institutional demand to make these ETFs as successful as REX-Osprey’s SSK?

A similar vehicle linked to XRP and launched by this same firm has only attracted $90 million since its launch, underscoring that not all ETFs are equally popular in the regulated markets.

Other altcoin-linked vehicles like the REX-Osprey Solana + Staking ETF (SSK) have managed to attract hundreds of millions in a relatively short period, although none have approached the amount in assets that both BTC and ETH-linked vehicles have brought in.

Meanwhile, as we cited in a previous article, Litecoin’s hashrate has been on an uptrend for quite a while, emphasizing miners’ interest in the network’s much lower difficulty rate compared to Bitcoin.

Paired with favorable market conditions, analysts’ expected 25bps cut this month, and growing institutional adoption, the stage looks set for the next explosive move for LTC.

What Does It Take for LTC to Reach $200?
Here’s what needs to happen to set things in motion and how such a move could be confirmed from a technical standpoint.

LTC/USD Daily Chart (Coinbase) – Source: TradingView

Litecoin broke above its trend line resistance earlier this month as it first hit $123 per token. However, selling pressure capped the magnitude of this movement and could push LTC down to retest what seems to be a key level at $105.

This price zone shows confluence between a horizontal and trend line support, along with the token’s 200-day exponential moving average (EMA).

This increases its technical relevance, meaning that whatever happens after the price touches this level could confirm which trajectory the token will head to next.

A break below $105, which seems unlikely at this point, could result in a drop to $75 or so. However, with an ETF listing at the gate, investors will be more inclined to buy the dip.

In this case, the token could start its next leg up with a first target set at $130, followed by much more pronounced moves to $150 and then $200.

The Relative Strength Index (RSI) sent a buy signal recently upon crossing above the 14-day moving average. As long as this momentum indicator stays above the mid-line, it would favor a bullish Litecoin price prediction.

Blockdaemon, a leading staking provider for institutions, and Aave Labs, a key contributor to the Aave protocol, have joined forces in a strategic partnership aimed at boosting access to decentralized finance opportunities for institutions.

Summary

Aave Labs and Blockdaemon say the partnershio aims at expanding institutional access to DeFi.
Blockdaemon Earn Stack customers can now earn further by putting staking rewards and idle balances to work.
The integration includes support for Bitcoin, Ethereum and stablecoins.

Aave Labs and Blockdaemon are eyeing institutional-grade access to Aave’s decentralized finance markets and are tapping into Blockdaemon’s Earn Stack and Aave Vaults to unlock this.

Per an announcement on October 9, 2025, the integration opens new opportunities for institutions.

Why is this big for Aave?
According to details, Aave (AAVE) is set to be the exclusive primary lending provider for Blockdaemon Earn Stack, a non-custodial platform that offers staking services across more than 50 protocols. 

The integration will leverage Aave Vaults to allow institutional clients to access staking rewards. Providing access to on-chain markets unlocks over $70 billion in liquidity and allows institutional investors to tap into secure yield opportunities.

Aave is a leading DeFi lending protocol and the integration further expands this. 

Aave supply growth chart. Source: Sentora on X
Importantly, Blockdaemon customers can now put staking rewards and their idle balances to work across DeFi markets. Furthermore, they retain full control of their assets.

‍“With this strategic partnership, institutions can now gain direct access to Aave’s DeFi markets through Blockdaemon’s market-leading infrastructure, opening new avenues for growth across top crypto assets and stablecoins,” said Konstantin Richter, founder and chief executive officer of Blockdaemon.

Bitcoin, Ethereum support
As noted, Blockdaemon has picked Aave as its primary lending provider given the DeFi protocol’s long-trusted operations and robust risk controls. Blockdaemon customers and the broader DeFi community will have access to a range of supported cryptocurrencies. This includes Bitcoin, Ethereum, and stablecoins.

Support also includes assets on Horizon, an institutional market for borrowing against real-world assets. Tokenized RWAs are currently one of the sectors witnessing strong growth.

Data shows the Horizon RWA market size has surpassed $200 million, with over $54 million borrows. The platform launched in August 2025.

Users supply stablecoins such as Ripple USD, USDC, and GHO Token, and tokenized assets like Superstate’s USTB and Janus Henderson’s JTRSY into RWA pools. Deposited tokenized assets serve as collateral for users looking to borrow USDC, RLUSD, or GHO.

Bitdeer Technologies Group (BTDR), a Bitcoin mining and infrastructure company, is ramping up its self-mining operations amid weakening demand for mining rigs — highlighting how some hardware makers are shifting strategies to stay competitive during the current Bitcoin bull market.

According to an Oct. 9 Bloomberg report, Bitdeer is accelerating its pivot toward mining Bitcoin (BTC) on its own equipment, effectively competing with the same clients that purchase its rigs.

The report cited Bitdeer’s latest filings showing a major year-over-year expansion of its mining capacity in August and its stated goal of becoming one of the world’s top five Bitcoin miners.

Bitdeer appears to be nearing that target. The company mined 375 BTC in August, ranking sixth globally behind MARA Holdings (MARA), IREN (IREN), Cango (CANG), CleanSpark (CLSK) and Riot Platforms (RIOT), according to industry data.

Large Bitcoin miner output levels in August. Source: The Miner MagIndustry publication The Miner Mag recently noted a broader trend among hardware manufacturers seeking to offset subdued rig sales by monetizing their own mining capacity. Both Canaan and Bitdeer were cited as examples, with Bitdeer nearly tripling its proprietary hashrate to 22.5 exahashes per second between December 2024 and July 2025.

“In both cases, surplus inventory that once would have been shipped to customers is now being deployed in-house,” The Miner Mag wrote in its Miner Weekly newsletter on Sept. 4.

Wolfie Zhao, an analyst at The Miner Mag, told Bloomberg that he expects “large miners to remain cautious on fleet expansion for the foreseeable future.”

Bitcoin miners continue to diversify even as BTC price hits new all-time highsAs Bitcoin continues its record-breaking bull run, recently surpassing $126,000, mining economics have grown increasingly challenging, particularly following the 2024 halving that cut block rewards in half.

In response, several mining companies are diversifying their business models, deploying hardware toward new workloads such as artificial intelligence and data center infrastructure. Recent examples include Hive Digital, IREN and TeraWulf, which have expanded into AI hosting or high-performance computing services.

Meanwhile, Bitcoin’s network difficulty — a measure of how hard it is to mine new blocks — continues to climb to fresh all-time highs, extending a long-term trend that has tightened margins and operating conditions for major miners.

Bitcoin hashrate versus price. Source: CryptoQuantWith AI compute demand surging and major tech companies pledging hundreds of billions of dollars in new data center investments, miners are finding fresh opportunities by repurposing or upgrading existing facilities to serve that market. 

As Cointelegraph explained, some miners are also leasing excess capacity to AI companies, creating a more stable revenue stream during periods of crypto price volatility.

Magazine: Bitcoin’s long-term security budget problem: Impending crisis or FUD?

Global crypto exchange Binance has rolled out a fresh trading competition, dubbed the “Spot Trading Feast,” which began on October 7, 2025. With a total prize pool of $250,000 in USDC, the five-day event runs through October 12 and is designed to increase trading activity across selected spot pairs.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Zora crypto price rose nearly 30% following the token’s listing on Robinhood.

Summary

Zora crypto price was up 30% despite the broader market downturn
The main catalyst for the momentum was Robinhood’s listing of the token
The Ethereum-based project integrates with Coinbase’s app

Not all altcoins are feeling the bearish pressure. On Thursday, October 9, Zora crypto surged 30% following its listing on the trading app Robinhood. After experiencing a broader downtrend, the token reached its monthly high of $0.074 before stabilizing at $0.06915.

Robinhood’s decision to list Zora (ZORA) will expose the token to a large network of traders. This has the potential to lower volatility and boost its price in the long run. What’s more, this was the latest major listing for Zora since July, when the token listed on Binance Futures. It also follows a wave of activity on its social media and creator-focused chain.

What is Zora crypto?
Zora is an Ethereum-based protocol for media and the creator economy. It runs its own layer-2 network, the Zora Network, which uses the OP Stack. This is the same technology that powers Optimism and Base, also enabling it to offer cheap transactions while inheriting Ethereum’s security.

The protocol also integrated with Coinbase’s Base App, enabling creators to easily tokenize their posts and sell them to Base users. This integration drove significant growth in volumes for Zora. Notably, near the end of July, the amount of generated tokens reached 50,000, up from just 6,000 earlier in the month.

Interestingly, Zora’s activity also contributed significantly to growth in volume within the Base ecosystem. In August, Base overtook Solana in daily token launches, partially due to an explosion of tokenized posts on the Zora platform. By that time, Zora had contributed to the creation of 1.6 million tokens.

The firm now holds over 2 million SOL tokens, in line with other Solana DATs like Helius, DeFi Development Corp., and Upexi.

A bill intended to establish a Bitcoin strategic reserve for the US state of Massachusetts received a tepid response after its first legislative action in eight months.

In a Tuesday hearing of the Massachusetts legislature’s Joint Committee on Revenue, state Senator Peter Durant testified regarding the bill he sponsored, “an Act relative to a Bitcoin strategic reserve.”

The lawmaker largely went over the logistical details of the bill, including having the state treasury use up to 10% of the Commonwealth Stabilization Fund to invest in crypto and allowing any Bitcoin (BTC) or digital assets seized by state authorities to be added to a reserve.

“This creates a prudent diversification tool, ensuring full transparency, oversight, and risk management without mandating any action,” said Durant on the bill.

State Senator Peter Durant speaking at a Tuesday hearing. Source: Massachusetts LegislatureAfter opening for questions from the committee, no one in attendance responded to the BTC reserve proposal. It’s unclear what the chances are for the bill passing in the legislature, given Democrats have a supermajority in the state’s House of Representatives and Senate, and control the governorship. Durant is a Republican.

Cointelegraph reached out to Durant’s staff for comment but had not received a response at the time of publication.

In addition to Durant, the committee heard testimony from Dennis Porter, CEO of the Bitcoin advocacy organization Satoshi Action Fund. Porter and the group have petitioned many state lawmakers to act to establish a strategic BTC reserve.

Speaking on Durant’s bill and similar legislation proposed by state Representative Christopher Worrell and state Senator Barry Finegold — i.e., “an Act allowing for fiscal resilience through strategic investment in stable digital financial assets” — Porter described the potential move as “bipartisan in nature,” describing the work other US states had done to pass similar bills.

“There is no state better suited to lead than the Commonwealth of Massachusetts, a historic financial hub that pioneered America’s first mutual fund and remains at the forefront of financial innovation,” said Porter.

Other US states are more bullish on creating crypto reservesDurant’s bill, introduced in February, was one of many state-level legislative paths to creating strategic BTC or digital assets reserves amid the federal government’s establishment of them through US President Donald Trump’s March executive order.

Texas, Arizona and New Hampshire signed bills into law affecting crypto reserves. However, many other US states in which lawmakers proposed similar legislation have rejected or delayed passage, including Wyoming, South Dakota, North Dakota, Pennsylvania and Montana.

Magazine: How do the world’s major religions view Bitcoin and cryptocurrency?

TL;DR

Apex Fusion’s NEXUS chain is now fully integrated with LayerZero, linking over 145 blockchains including EVM, Solana, and Cardano.
Developers can deploy omnichain applications with unified liquidity across more than 60 ecosystems.
Enterprises gain access to configurable security and cross-chain liquidity through Apex Fusion’s omnichain framework, enabling streamlined asset transfers and financial operations across previously isolated networks.

Apex Fusion has officially launched its NEXUS chain on LayerZero, creating an omnichain network that connects more than 145 LayerZero-supported blockchains. Major ecosystems like Ethereum Virtual Machine (EVM) and Solana are now fully accessible, and Cardano’s UTxO liquidity can directly integrate via Apex Fusion’s VECTOR chain. The integration establishes a live interoperability layer, allowing EVM and UTxO architectures to operate together while opening new pathways for cross-chain applications.

Developers Gain Unified Liquidity And Cross-Chain Utility
The NEXUS and LayerZero integration enables developers to launch applications and omnichain tokens (OFTs) that leverage liquidity from over 60 ecosystems. By removing the need for bespoke bridge integrations, developers can use existing Solidity tools, Tenderly support, and Apex Fusion’s Developers Welcome Team to reduce onboarding friction. This unified approach allows applications to function seamlessly across EVM, Solana, and Cardano, opening up new opportunities for omnichain user experiences.

LayerZero’s protocol also ensures that developers can deploy digital assets, stablecoins, and decentralized applications across multiple blockchains from a single point. By enabling smooth asset transfers and liquidity access, Apex Fusion aims to enhance cross-chain utility and provide a scalable foundation for the growing Web3 ecosystem.

Enterprises Access Configurable Security And Multi-Chain Liquidity
For enterprises, Apex Fusion introduces a configurable security protocol powered by DVN (Decentralized Verification Network) technology. This framework supports regulated use cases and simplifies operations across multiple blockchains, including Solana, EVM, and Cardano. Businesses can access a unified liquidity pool, making token mobility and cross-chain operations faster and more secure.

The NEXUS integration also supports Stargate and OFT liquidity patterns, enabling native asset transfers across supported chains. The next development phase will expand the VECTOR-to-NEXUS route, allowing Cardano assets to flow directly into LayerZero’s omnichain ecosystem. According to Apex Fusion, this step will further connect UTxO-based and account-based blockchains, reinforcing its position as a multi-layer interoperability framework.

LayerZero has already deployed over 425 tokens and facilitates billions in annual transfers, representing more than 60% of total stablecoin flows. With Apex Fusion’s integration, developers and enterprises now have an expansive, production-ready network for cross-chain applications, liquidity management, and scalable Web3 operations.

HBAR price trades sideways between $0.2089 and $0.2305 as weakening momentum and bearish indicators threaten a potential breakdown.RSI at 43.06 and a negative Elder-Ray Index highlight fading buyer strength and rising selling pressure in the short term. • A breach below $0.2089 could drag HBAR toward its July low of $0.18405 unless renewed buying lifts it above $0.2631 resistance.Hedera Hashgraph’s native token HBAR has stalled despite the recent market rebound, remaining largely sideways since September 22. 

Market indicators now signal growing bearish pressure, suggesting the token could break below its support level. 

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Sideways No More? HBAR Risks Cracking $0.2089 Support Readings from the HBAR/USD one-day chart show that the altcoin has trended sideways since September 22, facing resistance near $0.2305 and finding support at $0.2089.

With the growing bearish tilt in broader market sentiment, technical indicators now point to a likelihood of a breach of that support floor in the near term. For example, HBAR’s Relative Strength Index (RSI) continues to fall, and is currently at 43.06 at press time. 

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

HBAR RSI. Source: TradingViewAn asset’s RSI indicator measures its overbought and oversold market conditions. Its values range between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

At 43.06, HBAR’s RSI signals weakening momentum. It hovers below the neutral 50 level and suggests that selling pressure could continue to outweigh buying interest. 

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Furthermore, readings from HBAR’s Elder-Ray Index confirm this bearish bias. As of this writing, the indicator’s value is at -0.01051.

HBAR Elder-Ray Index. Source: TradingViewThe Elder-Ray Index indicator measures the strength of bulls and bears in the market by comparing buying pressure (Bull Power) and selling pressure (Bear Power). 

When the value is positive, the market is experiencing more buying pressure than selling, suggesting a potential uptrend.

However, when the value turns negative, as it has for HBAR, it signals that bearish forces dominate the market.

Will Buyers Hold the Line or Let Bears Drag It to $0.18?If the bearish trend persists and HBAR breaches the support at $0.2089, it risks revisiting its July low of $0.18405, which could mark the next key support level. 

HBAR Price Analysis. Source: TradingViewConversely, increasing buyer activity could trigger a rally above its current sideways range and push HBAR’s price to $0.2631. 

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

In brief
Monad will open its MON token airdrop claim portal next Tuesday.
Further details about the actual airdrop and mainnet launch will come "in the near future", the company told Decrypt.
The closely watched blockchain project has not yet revealed who qualifies for the airdrop, or details about MON's token supply and distribution.
The first step of Monad’s long-awaited token airdrop is finally arriving next week, the project announced Thursday.

The Monad airdrop claim portal will open for users on Tuesday. The project has not yet revealed details about eligibility requirements for receiving allocations of the Monad token, MON, nor has it unveiled information about the token’s supply or planned release schedule.

The much-hyped Ethereum and Solana competitor is also widely expected to launch its mainnet in tandem with the Monad token.

A representative for Monad told Decrypt that only the airdrop claim portal will debut on Tuesday—not the airdrop itself, nor the network’s mainnet. Further details about the MON token and airdrop, including a tokenomics breakdown, as well as regarding the Monad mainnet launch, will be shared “in the near future,” they added.

The MON token airdrop is heavily anticipated to come before other buzzy airdrops forecasted on the horizon, including those for crypto mainstays OpenSea and MetaMask, according to Myriad Markets users. (Disclaimer: Myriad is a product of Decrypt's parent company, DASTAN.)

For years, Monad has attracted loads of attention and capital in the crypto ecosystem—thanks to high-profile backers and lofty promises to build an EVM-compatible layer-one blockchain that's far more efficient than Ethereum.

In 2024, the project raised a whopping $225 million in a funding round led by crypto venture giant Paradigm. Monad was founded in 2022 by Jump Crypto alum Keone Hon.

Monad’s value proposition is based on two key premises. One, that the vast majority of decentralized finance activity takes place on networks compatible with the Ethereum Virtual Machine (EVM), the system backing the Ethereum ecosystem; and two, that users desire a speedier and more scalable alternative to Ethereum that doesn’t sacrifice security and interoperability.

Though the network’s slow rollout has become something of a meme in crypto circles, Monad did launch its testnet in February. The testnet has featured a robust ecosystem stretching beyond standard DeFi applications into gaming, NFTs, meme coins, and prediction markets. 

Since February, users and developers have been able to build out projects by utilizing valueless “testnet MON” tokens. While the project has not yet announced whether activity on the Monad testnet will contribute to a user’s MON allocation, such engagement is typically taken into account when coordinating a token airdrop, as a means of rewarding early adopters.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Published
13 minutes ago on
October 09, 2025

Web3 wallet MetaMask has introduced perpetual contract trading after launching in-wallet access to Hyperliquid’s DEX market. The feature will help MetaMask establish itself as an all-in-one self-custodial trading and investment hub for global finance. 

MetaMask has also announced the launch of MetaMask Rewards, which is expected to go live by the end of October. 

MetaMask Expands Access To Perpetual Futures MetaMask has launched in-wallet trading on Hyperliquid, expanding access to perpetual futures. The integration allows users to open positions with leverage of up to 40x on over 150 supported tokens. Users can also fund their accounts using any EVM-compatible coins. The launch comes at a time when the wallet operator has reported strong growth, and underscores a pivotal moment in the wallet’s transformation. 

Hyperliquid’s integration with MetaMask comes after the recent integration of Aster with Trust Wallet. The official announcement was made a day after numerous rumors of MetaMask integrating Hyperliquid trading code. The addition of DEX trading comes right after MetaMask announced its first rewards program, aiming to boost usage. However, users have raised concerns about speed and potentially higher expenses associated with in-wallet trading. Gal Eldar, Global Project Lead at MetaMask, stated, 

“MetaMask was built to give people true ownership of their assets. Now we’re extending that same principle to the world’s most important markets, giving people access without ever giving up custody. This marks another step in transforming MetaMask into an on-chain platform for personal finance. Ultimately, we’re working not just to bring people on-chain, but to create the reasons users will never want to leave.”

Transforming Access To Global Markets Perpetual futures account for around 75% of all crypto trading volume. However, participation remained confined to centralized exchanges. However, there has been a shift with total perpetual DEX trading volume rising to an all-time high in August 2025, thanks to rising demand for non-custodial alternatives. However, adoption remained slow thanks to fragmented infrastructure and poor mobile experiences. 

MetaMask aims to bridge this gap with its in-wallet perpetual trading feature. The redesigned mobile app helps improve speed and reduce latency. It also features one-click funding from any EVM chain and zero swap fees on perps. The integration has helped MetaMask become one of the first self-custodial wallets to offer native perps trading in permitted regions. MetaMask has also allowed passive holders to become active traders at scale by embedding pro-grade derivatives. 

Rewards Program MetaMask also announced the launch of a rewards program, which will be released by the end of October. Users can earn rewards for activity within the wallet ecosystem. Points will be awarded for swaps, perpetual contract trading, and referrals. Reward conditions will also include operations using the MetaMask card and the mUSD stablecoin. Prizes include a $30 million distribution of LINEA tokens, discounts on futures trading fees, priority customer support, and a free annual subscription to the premium Metal Card.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

The Southeast Asian country recently passed regulation to establish government licensing for cryptocurrency exchanges.

Sui Network's native token, SUI, has caught the attention of traders and analysts once again. Despite slipping about 1% and trading around $3.59 at press time, optimism remains high.

Bitcoin has reached a new high near $126K as renewed U.S. spot ETF net inflows and rising spot volumes have supported a Q4 breakout. On-chain data have shown mixed accumulation while derivatives markets have priced in higher volatility and funding costs have increased.