Market Signal Briefing

In a recent blog post, former BitMEX CEO Arthur Hayes argues that Bitcoin’s four-year cycle is essentially dead. His explanation is based on different macroeconomic drivers that were behind Bitcoin's price action in the past. 

As reported by U.Today, Hayes previously predicted that the leading cryptocurrency could hit $1 million by 2028. 

Context-dependent cycles There have been a total of three Bitcoin cycles, during which the cryptocurrency hit new record highs. 

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However, he argued that the cycle theory will fail this time, and those who continue to apply it do not understand why the cryptocurrency surged in the first place. 

During the "genesis cycle," which took place from 2009 to 2013, Bitcoin's massive bull runs were fueled by aggressive quantitative easing in the U.S., which was implemented in response to the global financial crisis (GFC). 

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The "ICO cycle" was then fueled by yuan credit expansion. According to Hayes, the market peaked around 2017 when Chinese credit growth slowed down. 

The 2021 bull run happened due to the massive trillions of dollars worth of stimulus. The massive run ended as soon as the U.S. moved to tighten monetary conditions in 2022. 

Meanwhile, the current US administration is aiming for abundant liquidity, while China's rather restrained credit growth is not likely to be a headwind. Hence, Bitcoin will essentially keep following the money supply instead of the calendar. 

Is it all about ETFs?As reported by U.Today, CEO Ki Young Ju also previously opined that the four-year cycle theory is essentially dead due to holders outnumbering traders. 

There is a popular belief that the cycles have been upended by the introduction of extremely successful Bitcoin exchange-traded funds (ETFs). 

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

Canary Capital’s Trump Coin ETF has been listed on the Depository Trust & Clearing Corporation (DTCC). In light of this, an expert has predicted a price breakout for the meme coin.

Canary Capital Trump Coin ETF Lists on DTCC
Canary Capital’s proposed Trump Coin ETF (ticker: TRPC) has officially appeared on the DTCC platform. This step typically precedes trading readiness for new financial products.

Source: DTCC
The U.S. Securities and Exchange Commission (SEC) is still reviewing the Trump Coin ETF. The firm is currently looking at the proposal and gathering comments and feedback. This process typically takes a few months, and it’s unclear when a decision will be made.

The DTCC appearance follows Canary Capital’s Trump Coin ETF registration in August. The announcement triggered a surge in market sentiment for the meme coin then, with trading volume spiking shortly after the news broke.

An ETF could offer a big boost in liquidity for the coin. This would help traditional investors get involved without needing to own the actual asset. Some experts believe that the SEC calling meme coins commodities instead of securities might increase the chances of getting approval in the future.

This development is similar to the 21Shares DOGE ETF (ticker: TDOG) being added to the same platform recently. This implies that financial products associated with meme coins are gaining popularity in mainstream markets.

The DTCC’s role in the ETF process is vital. It’s NSCC framework handles trade clearance and settlement. They automate share creation and redemption. Listing on the DTCC signals that the fund has cleared these procedural steps. This puts it in the same category as other digital-asset ETFs preparing for launch.

Expert Predicts Trump Coin Price Rally
In a TradingView analysis, crypto expert Mr Albert shared that the Trump coin has been trading within a sideways range over the past few days. According to H1 chart analysis, the token appears to be approaching a key support zone. He suggested that if this support holds, the token could experience a strong upward movement. This makes it a potential entry point for bullish traders.

Source: TradingView
The meme coin has shown a solid bounce from its $7.00 support. According to analysts, a sustained move above $7.80–$8.00 would validate a reversal.

Adding to the momentum, Fight Fight Fight LLC announced plans to raise $200 million for a Trump coin treasury. The goal is to buy a large amount of this meme coin to stabilize its value and improve it over the long term.

The treasury initiative spurred an uptick in derivatives activity. Data from Coinglass shows a 6% jump in open interest to $350.91 million, alongside a steady rise in trading volumes on Binance, Bybit, and OKX.

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

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

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

Bitwise Solana ETF (BSOL) is likely gearing up for launch this week as the issuer amends its application to include staking, ticker, and low fees. The final deadline for the US SEC to decide on Bitwise’s BSOL exchange-traded fund (ETF) is October 16, but the commission could approve all SOL ETFs with a final decision on Grayscale’s due by Friday.

Bitwise Solana ETF Prepares for Launch
According to the SEC filing, asset management firm Bitwise submitted a fifth amendment to its spot Solana ETF application. The firm includes ‘Staking’ in the name and sets a 0.20% management fee. “This is more like they slashed fees right to their bottom level from the get go,” said Bloomberg analyst James Seyffart.

Bitwise Solana Staking ETF Filing. Source: James Seyffart
Bloomberg senior ETF analyst Eric Balchunas quoted the low fees as “Bitwise not playing around” as they seek to lead in inflows. Notably, low fees have a near-perfect history of attracting potential investors.

Thought we’d see higher first, need war to get this low. They prob figured it’s gonna end up there anyway so just do it now (veteran Terrordome move right there).

The asset management firm waived fees for the first three months or until assets under management reach the first $1 billion. This signals the Bitwise Solana Staking ETF’s readiness to get listed and trade on CBOE BZX Exchange, awaiting the SEC approval.

Other details disclosed in the filings include Chapman and Cutler LLP as legal counsel, Fenwick & West LLP as tax counsel, and consent from accounting firm KPMG. Also, Attestant as staking, delegated staking and re-staking provider and staking custody agreement with Coinbase Custody.

Can Solana ETFs Get Approval by Friday?
Bloomberg analysts also addressed investors’ doubts on whether Solana ETFs can still get processed and approved after the update. While October 10 is the final deadline for the SEC to decide on Solana ETF, Eric Balchunas confirmed that the U.S. government shutdown has delayed approvals.

As CoinGape reported earlier, the SEC missed its final deadline on the Canary Litecoin ETF due to the government shutdown. Seyffart claimed the deadline date might not matter at all as the SEC asked all issuers to file under the Generic Listing Standards.

SOL price jumped over 4% in the past 24 hours, with the price currently trading at $227.83. The 24-hour low and high are $218.18 and $229.56, respectively. However, the trading volume has decreased by 27% in the last 24 hours.

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

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

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

Over the past month, the Pi Network testnet has been actively testing the Protocol v23 upgrade and has made significant progress in this regard. Market experts believe that this upgrade is coming to the mainnet in Q4 2025. This upgrade brings scalability and transaction efficiency to the blockchain, which could eventually help in Pio coin price recovery moving ahead.

Pi Network to Get Protocol 23 Upgrade in Q4 2025
Pi community expert Dr. Altcoin noted that the ongoing Protocol 23 upgrade is currently in the active testing phase in the Testnet version of the Pi Network. He stated that once this phase concludes successfully, with minimal or no errors, as developers will proceed with Testnet 2 before deploying the update to the Mainnet blockchain.

Dr. Altcoin projected that the full Mainnet upgrade to Protocol 23 could take place by late Q4 2025 or early Q1 2026. However, he believes that this depends on the testing outcomes. The analyst also stated that the Protocol Core Team (PCT) is “known for doing things painfully slow but meticulously right,” emphasizing the team’s cautious and detail-oriented approach.

The latest upgrade to the Pi Network comes along with Stellar Core Version 23.0.1. It focuses on improving scalability and transaction efficiency while laying the groundwork for future mainnet enhancements.

The integration of Stellar’s v23 framework represents a major milestone in the Pi blockchain development, giving developers improved tools to test applications prior to mainnet deployment. This v23 upgrade will strengthen the network’s ability to scale efficiently and operate securely.

Besides, the Pi Network has introduced two major features to its Testnet, a decentralized exchange (DEX) and an automated market maker (AMM). The additions enable users to trade tokens, create liquidity pools, and test decentralized finance (DeFi) functionalities within a secure test environment.

Will Pi Coin Price Recover After the Mainnet Upgrade?
Pi coin, the native cryptocurrency of the Pi Network has struggled for a long time and has been continuously moving sideways. The altcoin is currently testing base at $0.2368, with daily trading volumes crashing to under $30 million.

Dr. Altcoin has called on the Pi Core Team (PCT) to take decisive action on the Pi Coin’s market performance. The expert suggested potential measures such as token buybacks from centralized exchanges (CEXs) or the introduction of coin-burning mechanisms to strengthen the project’s tokenomics.

“Pi’s liquidity is currently very low, and if the Core Team does not take proper measures, unfortunately, the price will continue to fall,” he added.

Earlier this year in February, Pi coin was among the top 15 digital assets with a market cap of over $17 billion. However, the altcoin has lost nearly 90% of its value since then, and has now moved out of the top 50 ranking digital assets.

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

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The Pi Network is steadily advancing toward a major milestone with the Protocol 23 upgrade, which is currently undergoing active testing on the Testnet. Market analysts anticipate that the upgrade could roll out to the mainnet by late Q4 2025 or early Q1 2026, bringing substantial improvements in scalability, security, and transaction efficiency to the blockchain.

According to Dr. Altcoin, a leading Pi community expert, the testing phase has shown promising results so far. Once this stage is complete, the development team plans to proceed with Testnet 2 before final deployment on the mainnet. He emphasized that while the Pi Core Team (PCT) is known for its slow but precise approach, their cautious strategy ensures a stable and secure blockchain transition.

The Protocol 23 upgrade, built on Stellar Core Version 23.0.1, aims to enhance scalability and streamline transactions while equipping developers with better tools for decentralized app testing. It’s a crucial step toward preparing the Pi Network for more robust mainnet functionalities. Alongside this, the testnet has introduced a decentralized exchange (DEX) and an automated market maker (AMM) — features that allow users to trade tokens, provide liquidity, and experiment with DeFi applications in a controlled environment.

Despite these technological advancements, Pi Coin’s market performance remains weak. The cryptocurrency has been trading around $0.2368 with daily volumes below $30 million. Dr. Altcoin urged the PCT to implement token buybacks or coin-burning mechanisms to counter low liquidity and strengthen tokenomics.

Earlier this year, Pi Coin boasted a market cap of over $17 billion, ranking among the top 15 digital assets, but it has since fallen by nearly 90%, slipping out of the top 50. Still, with the Protocol 23 upgrade nearing completion, many investors are hopeful that the Pi Network could soon enter a new phase of growth and potential price recovery.

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XRP Eyes Bullish Rebound After Summer Shake-UpAfter a tumultuous summer marked by volatility and a massive $605 million liquidation event, XRP is showing signs of turning the tide. 

According to market analyst Paul Bennett, the cryptocurrency is poised to transform bearish pressure into a renewed bullish momentum, signaling potential upside for traders and long-term holders alike.

Source: Paul BennettCurrently trading at $2.85, XRP is hovering just below a critical psychological and technical breakout level of $3. 

Bennett notes that surpassing this threshold could trigger a wave of buying interest, potentially propelling the coin toward new highs. He emphasizes that the market’s recent consolidation phase may have laid the foundation for a decisive upward move, as selling pressure eases and investor confidence begins to rebuild.

Technical indicators bolster a cautiously optimistic outlook for XRP. The RSI is climbing from oversold levels, signaling room for momentum, while moving averages show the asset nearing a key support zone, setting the stage for a potential breakout if conditions align.

As a result, Bennett highlights that XRP’s near-term outlook is strengthened by rising institutional interest and expanding use in cross-border payments. Backed by real-world utility and supportive technical signals, the coin is poised to attract investors seeking high-potential opportunities after summer’s market shake-ups.

North Korean Hackers Swipe Over $2 Billion in Crypto in 2025, Bybit Hit Tops the ListNorth Korean-linked hackers have escalated their digital heists to unprecedented levels, reportedly stealing more than $2 billion (£1.5 billion) in cryptocurrency so far this year, according to blockchain analytics firm Elliptic. 

This staggering figure not only dwarfs previous annual thefts linked to the nation but also signals the growing sophistication and audacity of cybercrime in the crypto space.

Elliptic reports that February’s Bybit breach alone, where hackers stole around $1.45 billion, accounts for the majority of 2025’s crypto losses. 

This record-setting heist is the largest in history, eclipsing all previous high-profile attacks and marking a pivotal moment in digital asset security.

As high-profile crypto hacks rattle the market, exchanges face pressure to strengthen security and monitor suspicious activity, while investors grow wary, raising concerns about the sector’s long-term stability amid escalating geopolitical tensions.

Therefore, as digital currencies go mainstream, robust security is crucial. This year’s $2 billion theft by North Korean hackers underscores that while crypto offers huge rewards, it remains a high-risk space demanding relentless security vigilance.

ConclusionXRP sits at a vital point. Strengthening technical signals and improving investor sentiment suggest it could flip recent bearish pressure into a bullish surge. 

As a result, a break above the $3 resistance may trigger a notable upward run, positioning XRP as a key market mover.

Meanwhile, the unprecedented $2 billion theft by North Korean hackers in 2025 underscores the vulnerabilities that still exist within the cryptocurrency ecosystem. 

As digital assets continue to grow in value and mainstream adoption accelerates, exchanges, investors, and regulators must prioritize security, transparency, and proactive monitoring. 

Bitwise is preparing to launch its long-awaited Solana ETF (BSOL) as the U.S. Securities and Exchange Commission (SEC) nears its final decision deadline on October 16. The asset management firm recently filed its fifth amendment, signaling readiness for listing on the CBOE BZX Exchange. Notably, Bitwise rebranded the product as the Bitwise Solana Staking ETF and set an aggressive 0.20% management fee, among the lowest in the industry. Bloomberg’s James Seyffart described it as “a bottom-level fee slash,” while fellow analyst Eric Balchunas noted the move shows Bitwise “isn’t playing around,” aiming to capture early investor inflows.

The amended filing reveals fee waivers for the first three months or until assets under management (AUM) reach $1 billion—an incentive designed to attract early adopters. Legal and compliance partners include Chapman and Cutler LLP (legal counsel), Fenwick & West LLP (tax counsel), and KPMG as the accounting firm. Bitwise also named Attestant as its delegated staking provider, with custody managed by Coinbase Custody, ensuring robust institutional-grade security and staking infrastructure.

Despite optimism, the SEC’s approval timeline faces uncertainty amid a U.S. government shutdown that has already delayed other ETF decisions, such as the Canary Litecoin ETF. While October 10 marked the initial final deadline, Bloomberg analysts suggest that the SEC’s generic listing request may render specific dates less relevant.

Market sentiment around Solana (SOL) remains bullish as anticipation builds. SOL’s price climbed over 4% in the past 24 hours, trading near $227.83, though volume dipped 27%. If approved, Bitwise’s ETF could become the first Solana staking ETF in the U.S., setting a competitive benchmark for low-cost crypto investment products.

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TLDR

Arthur Hayes declares Bitcoin’s four-year cycle dead due to monetary policy changes replacing halving-driven patterns.
Bitcoin cycles historically ended during monetary tightening, not predetermined timing, Hayes argues.
Current cycle features $2.5 trillion Treasury liquidity injection and Fed rate cuts despite elevated inflation.
China’s shift from deflation to neutral policy removes major headwind that killed previous cycles.

BitMEX co-founder Arthur Hayes has declared the traditional Bitcoin four-year cycle obsolete, arguing that monetary policy rather than halving events now drives cryptocurrency price movements. 

Hayes maintains that while historical patterns suggested Bitcoin cycles occurred every four years, the underlying mechanism was always monetary conditions, not arbitrary timing.

Monetary Policy Drives Bitcoin Cycles, Not Halvings
Hayes explained that Bitcoin price cycles are fundamentally driven by the supply and quantity of money, primarily USD and Chinese yuan, rather than halving events or institutional adoption. Past cycles ended when monetary conditions tightened, not because of predetermined four-year patterns.

The BitMEX founder analyzed three previous Bitcoin cycles to support his thesis. Bitcoin’s first bull run coincided with Federal Reserve quantitative easing and Chinese credit expansion, ending when both central banks slowed money printing in late 2013. 

The second “ICO cycle” was driven primarily by yuan credit explosion and currency devaluation in 2015, collapsing as Chinese credit growth decelerated and dollar conditions tightened. The third “COVID-19 cycle” surged on USD liquidity alone while China remained restrained, ending when the Fed began tightening in late 2021.

Current Cycle Differs from Historical Patterns
Hayes argues this cycle presents different dynamics that break the traditional pattern. The US Treasury is draining $2.5 trillion from the Fed’s Reverse Repo program into markets by issuing more Treasury bills, while President Trump aims to “run it hot” with easier monetary policy to reduce debt. 

Additionally, the Federal Reserve has resumed rate cuts despite inflation above target, with 94% odds on an October cut and 80% odds on a December reduction.

China’s monetary policy shift represents another crucial difference. While China won’t fuel this rally as much as previous cycles, policymakers are moving to “end deflation” rather than continuing liquidity drainage.

This removes a major obstacle that previously killed cycles, allowing US monetary expansion to drive Bitcoin higher without Chinese deflationary forces counteracting the effect.

Ether prices could triple from current levels if certain factors play out, mirroring the last bull market cycle, say analysts.

ETH could skyrocket as high as $13,000 this cycle if it follows a similar pattern to 2021, according to analysis.

The asset is currently trading at a level 92% above its long-term 200-week moving average, which is currently $2,400, according to DeFi Report founder Michael Nadeau on Wednesday.

In the last bull market cycle, ETH peaked at just above $4,870 on Nov. 10, trading 492% over its long-term moving average. Running various scenarios based on this moving technical indicator provides some interesting price predictions.

If the asset trades at just 200% above the 200-week MA, it will reach $7,300. At 400% above the long-term moving average, it will be above $12,000, which is only 170% above current levels.

Ether has already gained more than that since its dip below $1,500 in April.

Volatile Path to Five Figures
Fundstrat’s Tom Lee has predicted a super cycle leading to five-figure Ether prices, but the path to that will be extremely volatile.

Ether plummeted 94% from its 2018 peak and surrendered 80% of its value in 2022, so another sharp downturn isn’t just possible, it’s probable.

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The analysis provided a “base case” where ETH trades 250% above its 200 WMA, which puts it at a cycle top of $8,500. This aligns with realized price reaching $3,000, which would put ETH at $8,700, assuming a ratio of 2.9.

If Ether gets to 35% of Bitcoin’s market cap (it is currently 23.4%) and BTC reaches $150,000 this cycle, it would put prices at $8,600, the analyst said.

Ethereum is repeating 2021, observed another popular trader on Wednesday. Back then, reclaiming the previous all-time highs “triggered a +250% explosion,” he said before adding:

“Now, ETH is testing the same level again. Same structure. Same energy. Only difference this time? ETFs and institutions are in the mix.”

Earlier this week, Grayscale launched the first Ether staking ETF in the US, and digital asset treasuries have accumulated 4.7% of the entire supply in just a few months.

ETHEREUM IS REPEATING 2021.

Back then, reclaiming the previous ATH triggered a +250% explosion.

Now, $ETH is testing the same level again.

Same structure. Same energy.

Only difference this time? ETFs and institutions are in the mix. pic.twitter.com/Tp9A4ipZgY

— Merlijn The Trader (@MerlijnTrader) October 8, 2025

ETH Price Outlook
Ether is still consolidating, trading within a range-bound channel that formed in early August.

From an intraday high above $4,500 in late trading on Wednesday, the asset has dipped back toward $4,400 in early trading in Asia on Thursday.

With sideways trading now lasting two months, the asset appears coiled and ready for a breakout, and all indicators suggest it will move into price discovery as the bull market is not over yet.

Journalist

Posted: October 9, 2025

Key Takeaways
Why did Zcash (ZEC) drop 10% after its rally?
ZEC’s 10% pullback follows a dramatic surge in trading volume, from $500M to $4B, as overbought indicators (Stochastic RSI) signal potential for a deeper correction.

What’s driving ZEC’s increased volatility?
ZEC’s limited circulating supply (30%) exacerbates price swings during periods of high trading activity — Futures suggests that long positions could support prices.

Zcash [ZEC] is cooling off after last week’s explosive rally. The privacy-focused cryptocurrency dropped 10% in the past 24 hours as traders began to reassess the recent surge.

This pullback comes as technical indicators flash signs of exhaustion.

The Stochastic RSI is lingered in overbought territory at press time, suggesting that the market may be due for a deeper correction to fill the market imbalance at around $120.

Source: TradingView

Trading volume skyrockets amid price pullback
The sell-off follows a dramatic spike in trading activity across ZEC markets. According to Messari, trading volume soared from roughly $500 million to over $4 billion in just one day.

This surge highlights an intense burst of both speculative buying and profit-taking. 

The jump in turnover has coincided with heightened volatility.  In the past sessions, such shifts often precede sharp price swings in either direction. For ZEC, the long-term bias is bullish.

Source: Messari

Circulating supply could amplify volatility
Meanwhile, according to Token Terminal, only about 30% of ZEC’s total market cap is in active circulation. This factor can amplify price fluctuations during periods of heavy trading.

With a relatively limited supply available in the open market, any imbalance between buyers and sellers can quickly translate into massive moves.

Source: Token Terminal

Futures market signals a possible support
Increased buyer activity in the Futures market may help offset recent declines. A rise in long positions could support prices if Spot levels hold. 

However, if sellers take control, ZEC may face a prolonged downturn as over leveraged positions are liquidated.

Source: CryptoQuant

A cooldown or trend reversal?
The next few sessions are crucial to determine if this is a normal cool-down or the beginning of a broader trend reversal. 

But as of now, elevated volume, overbought technicals and rising volatility indicate that traders and investors should prepare for increased price swings in the near term.

October 08, 2025 10:48 PM EDT | Source: Intellabridge Technology Corporation
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2025) - Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) ("Intellabridge" or the "Company"), is pleased to announce that it has entered into a non-binding Letter of Intent ("LOI") to acquire Spark Plug Chargers Inc. ("Spark Plug"), a U.S.-based private company focused on the development of electric vehicle (EV) infrastructure solutions.

The proposed acquisition supports Intellabridge's strategic expansion into sustainable infrastructure technologies, aligned with the Company's long-term vision of applying its expertise in technology and impact innovation to high-growth sectors such as energy, mobility, and digital infrastructure. Intellabridge and Spark Plug have been in ongoing discussions since the initial LOI announced in May 2025, and following additional due diligence and strategic review, the parties have executed a revised Letter of Intent reflecting updated transaction terms.

Under the LOI, Intellabridge proposes to acquire seventy percent (70%) of Spark Plug through a newly formed U.S. subsidiary, with the final structure to be determined in definitive agreements. Consideration is expected to be in the form of Intellabridge common shares. Key Spark Plug personnel, including its current CEO, are expected to continue with the business following closing. The LOI provides for a 30-day due diligence period, exclusivity on negotiations, and an anticipated signing of definitive agreements within 60 days, subject to board, regulatory, and other customary approvals, and the successful closing of Spark Plug's initial seed financing round.

"This proposed acquisition represents a strategic expansion of our capabilities in the broader ImpactTech space, allowing Intellabridge to integrate its platform with emerging sectors critical to a sustainable future," said John Eagleton, CEO of Intellabridge. "We are excited to explore synergies with Spark Plug's EV infrastructure business and bring value to our shareholders through targeted innovation."

This strategic acquisition represents the convergence of technology and mission," said Ethan Cords, CEO of Spark Plug. "By integrating Intellabridge's proprietary Karma impact technology into the Spark Plug platform, we are positioned to create one of the industry's first climate-forward EV charging networks, a differentiator that aligns with the sustainability values of EV drivers and strengthens our competitive position in a rapidly growing market. Together, we aim to deliver a high-performing, user-centric solution that advances returns in the CleanTech sector.

The LOI does not constitute a binding agreement to complete the acquisition. Final terms, including structure, consideration, and timing, will be set out in a definitive agreement, subject to applicable regulatory and corporate approvals.

The Company confirms that the transaction is not expected to result in a change of business under CSE policies at this time. Further updates will be provided as developments occur.

About Intellabridge Technology Corporation

Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) is an Impact Technology company that develops and deploys innovative solutions engineered to produce measurable, positive outcomes for clients and communities. The Company's mission is to leverage technological power to drive systemic, positive change and advance sustainable operations. Its flagship platform, KarmaConnect, embeds measurable impact directly into everyday utility. Intellabridge is actively developing its presence in the Impact Tech sector, bridging its technological infrastructure and expertise with critical cleantech initiatives, with the goal of delivering both purpose and shareholder value.

For more information on Intellabridge, visit www.intellabridge.com. For more information on the Karma product, visit www.karmaconnect.com.

ON BEHALF OF THE BOARD of DIRECTORS

INTELLABRIDGE TECHNOLOGY CORPORATION

"John Eagleton"
John Eagleton, CEO

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "plan", "on track", "possible", "anticipated" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269770

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ETHA 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.

A man walks next to the Alibaba booth with the company logo at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 10, 2025. REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab

MACAU Oct 9 (Reuters) - The National Basketball Association (NBA) and Chinese e-commerce company Alibaba announced on Thursday a multi-year partnership, as the league stages two games in Macau to mark its return to the Chinese market for the first time since 2019.

The NBA is due to play two pre-season games in the Chinese special administrative region on Friday and Sunday, part of a five-year contract with Las Vegas Sands'

(LVS.N), opens new tab Macau unit Sands China

(1928.HK), opens new tab.

Sign up here.

The games mark the first time the NBA is playing in Macau, the world's largest gambling hub, and follows a years-long absence amid controversy over the 2019 Hong Kong protests.

The Macau games aim to bolster the NBA's profile in China, where around 300 million people play basketball, at a time of rising political tensions between the United States and China.

The announcement by Alibaba Group

(9988.HK), opens new tab said it would provide artificial intelligence and cloud computing services with the NBA and enhance fan experiences on the NBA app in China.

Alibaba Cloud will be the official cloud computing and AI partner of NBA China, it said.

The NBA's absence followed a firestorm of controversy around comments made six years ago by the Houston Rockets' then general manager Daryl Morey, who posted a message on social media in support of Hong Kong's pro-democracy protests.

In the aftermath, Beijing suspended the broadcast of NBA games, prompting corporate sponsors to flee and the league to suffer what it described at the time as dramatic financial consequences. Pre-season NBA games in China were also scrapped.

NBA EXPERIENCEThe NBA games are being held at Sands Venetian property along with a five-day free-to-enter music, fashion and technology exhibition showcasing the NBA brand. Shaquille O'Neal is among NBA celebrities attending the event, the league said.

The Brooklyn Nets, owned by Alibaba chairman Joseph Tsai, will play the Phoenix Suns at sold-out games in the arena.

Sands owner, the U.S. billionaire Adelson family, also own the Texas-based NBA team, the Dallas Mavericks.

The casino operator announced its collaboration with the NBA in December 2024 and said it wanted to bring elite basketball directly to Chinese fans.

Macau's casinos, which include Sands, Wynn Macau

(1128.HK), opens new tab, SJM Holdings

(0880.HK), opens new tab, MGM China

(2282.HK), opens new tab, Galaxy Entertainment

(0027.HK), opens new tab and Melco Resorts, have been mandated to increase their non-gaming businesses as a proportion of their overall business.

They have pledged to collectively invest more than $13.5 billion in non-gambling infrastructure and projects over the next decade.

Macau is the only place in China where Chinese citizens are legally allowed to gamble in casinos.

A Portuguese colony until 1999, its economy remains heavily reliant on the casino industry, which contributes around 80% of government tax revenues.

Reporting by Joyce Zhou in Macau, Liam Mo in Beijing, Brenda Goh in Shanghai; Writing by Farah Master; Editing by Muralikumar Anantharaman and Kate Mayberry

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Joyce is a talented visual journalist based in Hong Kong and Greater China, driven by a profound passion for capturing historical moments and sharing stories through the medium of video. Her exceptional skills and dedication to her craft earned her the prestigious title of Reuters Video Journalist of the Year in 2019. Joyce's work revolves around documenting significant events and exploring the rich cultural tapestry of the region. Outside of her professional pursuits, she finds solace and inspiration in hiking, immersing herself in the beauty of nature. With a deep appreciation for tea, Joyce enjoys discovering its diverse flavours and delving into its rich history.

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.

The battle for your living room is entering a new and decisive phase. Netflix Inc., the undisputed king of streaming, is making its boldest move yet into the lucrative and treacherous world of video games, bringing its gaming service to the television for the very first time.

Sage Capital Advisors, LLC reduced its position in Costco Wholesale Corporation(COST -0.00%), selling 3,424 shares in Q3 2025. The estimated trade value was $3.28 million, based on quarterly average pricing for the period ended September 30, 2025, according to an SEC filing dated October 7, 2025.

What happenedAccording to a filing with the Securities and Exchange Commission dated October 07, 2025, Sage Capital Advisors, LLC sold 3,424 shares of Costco in Q3 2025. The transaction was valued at an estimated $3.28 million. Following the trade, the fund held 6,371 shares valued at $5.90 million as of September 30, 2025.

What else to knowThe fund’s position in Costco decreased from 2.3937% to 1.4023% of reportable AUM as of 2025-09-30 following the sale.

Top holdings after the filing:

NASDAQ:AAPL: $37.26 million (8.9% of AUM) as of September 30, 2025NASDAQ:MSFT: $21.92 million (5.2% of AUM) as of 2025-09-30NASDAQ:NVDA: $19.31 million (4.6% of AUM) as of 2025-09-30NASDAQ:GOOGL: $18.69 million (4.4% of AUM) as of 2025-09-30NASDAQ:AMZN: $16.32 million (3.9% of AUM) as of 2025-09-30As of October 6, 2025, shares of Costco were priced at $910.94, up 4.3% over the past year, underperforming the S&P 500 by 13.7 percentage points

Company OverviewMetricValueRevenue (TTM)$275.24 billionNet Income (TTM)$8.10 billionDividend Yield0.54%Price (as of market close 2025-10-06)$910.94Company SnapshotOffers a broad assortment of branded and private-label merchandise, including groceries, appliances, electronics, apparel, and specialty services such as pharmacies, optical centers, and fuel stations.

Operates a membership-based warehouse model

Operates in North America, Asia, Europe, and Australia

As of September 2025, the company operated 914 membership warehouses worldwide

Foolish takeSage Capital Advisors sold off about 34% of its Costco holdings during Q3 2025, totaling about $3.28 million, dropping Costco from about 2.4% of its AUM to about 1.4%. This wasn’t a significant drop in its overall portfolio composition, even if it did represent a pretty significant sell-off of its Costco stock holdings.

Although Costco remains a strong retail company, investors have long worried it has been getting overvalued and has less room to grow in valuation in the near-term. For example, over the last year, Costco share values only increased by 4.3%, significantly underperforming the market. The company also had a very strong Q3, despite a resulting drop in its stock price.

Costco remains a desirable company for many investors, even if institutional investors like Sage Capital Advisors are selling significant shares. This may be a regular part of its portfolio management, and nothing to worry about, or it may have been taking gains at one of the near-$1000 peaks that occurred during the quarter. 

Either way, this looks more like a rebalancing move and less like a statement about Costco.

GlossaryAUM: Assets Under Management – The total market value of investments managed by a fund or firm.
Reportable AUM: The portion of a fund’s assets required to be disclosed in regulatory filings, often U.S. equities.
Top holdings: The largest individual investments in a fund, typically ranked by market value or portfolio percentage.
Membership-based warehouse model: A retail structure where customers pay annual fees to access bulk goods at discounted prices.
Dividend Yield: Annual dividends per share divided by share price, shown as a percentage.
TTM: The 12-month period ending with the most recent quarterly report.

Weak Consumption Data Undermines Optimism
Passenger trips reportedly increased 5.4% year-on-year between October 1 and 5, down from a 7.9% jump during May’s Labor Day holiday. According to CN Wire, a Julius Baer research note stated that the latest data from China’s Golden Week holiday suggested continuing consumption weakness. The research paper reportedly stated:

“Although domestic flight prices are about 10% pricier than last year, that is likely due to Beijing’s campaign against industry price wars rather than strong demand, it says. E-commerce sales of energy-efficient home appliances, smart refrigerators, and smart household items are the exception, it notes. Any social-welfare reforms announced at the Fourth Plenary Session, scheduled for later this month, could help boost the spending power of the average Chinese consumer.”

Citibank analysts appeared to share a similar view on the Golden Week holiday, reportedly stating:

“Chinese consumers continue to spend rationally during the holidays.”

Labor Market and Consumption Pressures Persist
Analysts’ views on holiday spending trends will likely draw Beijing’s attention. US tariffs, rising input costs, and falling selling prices are squeezing margins, forcing firms to cut staffing levels or lower wages. The deteriorating labor market has impacted private consumption and potentially the broader economy.

For context, China’s unemployment rate rose from 5.2% in July to 5.3% in August, Youth unemployment rose to 18.6% (up from 17.8% in July and 14.5% in June). Rising unemployment has weighed on consumer sentiment and spending, limiting the effectiveness of policy measures aimed at stimulating consumption.

GDP Outlook Strengthens Despite Near-Term Challenges
Despite weak sentiment toward the Golden Week holiday, economists continue to raise GDP projections for 2025. The World Bank projected GDP growth of 4.8%, up from April’s 4.0%, while expecting the economy to expand by 4.2% in 2026. The World Bank attributed the slowdown in 2026 to weaker external demand and fewer fiscal stimulus measures.

The outlook for 2026 contrasts with expectations of Beijing setting a 4.5% to 5% GDP growth target for the year.

CN Wire reported:

“China will likely set a GDP growth target of 4.5%-5.0% for the next five years at the Fourth Plenum scheduled for later this month, UBS economist Ning Zhang says in a research note. Given the persistent deflationary pressure, any explicit emphasis on nominal GDP growth or an introduction of a binding inflation target for the next five years would be a positive surprise for the market, Zhang says.”

While technological advances and industrial upgrades are likely to be focal points, Zhang highlights consumption as a key stimulus focus, stating:

“The new five-year plan will likely place a stronger emphasis on boosting consumption, with potential measures including increasing fiscal spending to improve the social safety net.”

Trade Tensions Build Ahead of APEC Summit
Given the assessment of holiday spending and China’s economic outlook, traders could place more significance on trade developments.

US-China trade tensions intensified further during the Golden Week holiday as markets look to the APEC Summit on October 31—November 1.

This week, news broke that US lawmakers are calling for a broader ban on chip-making tool sales to China. China has reduced its reliance on US chips, developing its own alternatives. The prohibition on chip-making tools could be an effort to slow China’s move toward self-reliance and prevent the flood of cheaper Chinese-manufactured chips in the global market.

Beijing sent its own pre-APEC Summit message, reportedly banning the export of technologies linked to rare earth mining, refining, metal smelting, magnet manufacturing, and recycling. According to MKTNews.com:

“The rules, effective December 1, require foreign firms and individuals to obtain a dual-use items export license before shipment.”

Rare earth minerals and semiconductor-related export restrictions will likely be talking points at the APEC Summit. US President Trump and China’s President Xi are set to meet at the Summit, potentially reaching a trade deal.

The outcome of the APEC Summit could materially shift sentiment, particularly if the US drops tariffs on Chinese shipments.

Mainland Equity Markets Get Post-Holiday Boost
Despite weak consumption data, investors remained optimistic over hopes for policy stimulus. Mainland equity markets reopened on Thursday, October 9, with market sentiment firmly intact.

The CSI 300 rallied 1.17% in morning trading, while the Shanghai Composite Index advanced 0.75%. Notably, the CSI 300 rose to its highest level since January 2022, while the Shanghai Composite Index was at a new decade high.

Crucially, both indices climbed to new 2025 highs, underpinning the market rally. Year-to-date, the CSI 300 and the Shanghai Composite Index have gained 19.53% and 16.80%, respectively. For context, the Hang Seng Index has soared 33.65% in 2025.

Despite the new 2025 highs, downside risks remain. Sentiment could sour if President Trump and President Xi do not reach an agreement. Stalled talks and escalating US-China trade tensions could weigh on risk sentiment. The absence of further policy support from Beijing may also affect risk assets if incoming economic data signal any further loss of momentum.

However, a trade deal and meaningful policy measures could signal a bullish fourth quarter.

SummaryInvitation Homes trades at historically low valuations, offering a compelling entry point versus both peers and the underlying value of its real estate assets.INVH benefits from high tenant retention, strong renewal rent growth, and a robust balance sheet, supporting stable income and long-term growth potential.Demographic trends and declining new supply in key markets position INVH for improved rent and NOI growth as home affordability remains challenging.With a 4.1% yield and an estimated 17% annualized return, INVH is a low-risk, attractive investment for conservative, income-oriented investors. Anchiy/iStock via Getty Images

Shares of Invitation Homes (NYSE:INVH) have been battered thus far in 2025, falling 15%, underperforming both the REIT index (VNQ) which has declined -5%, as well as the broader S&P 500 (

Analyst’s Disclosure:I/we have a beneficial long position in the shares of INVH 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.

Author also owns AMH

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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SummarySeagate stands out as a leader in HDD storage, benefiting from surging demand driven by generative audiovisual AI and data center expansion.STX's mastery of HAMR technology gives it a crucial edge, offering higher data density and energy efficiency.Despite recent price gains, STX's valuation remains attractive given its growth prospects, though risks include potential SSD breakthroughs and an AI market correction.I see continued upside for STX as data storage needs escalate, with its diversified position and technological lead justifying a premium valuation.ridham supriyanto/iStock Editorial via Getty Images

Like many investors and analysts, I've been studying up on Artificial Intelligence, hoping to develop a stronger grasp of the industry. I'm still in the early stages of my self-education, but one interesting thing I learned is that

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

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

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83% of organizations adopting Zero Trust have successfully reduced security incidents according to new global cybersecurity report

, /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced new global research, The Trust Report: From Risk Management to Strategic Resilience in Cybersecurity, conducted in partnership with Microsoft. The report found that Zero Trust has become an essential and widely adopted framework, yet organizations are still in the early stages of leveraging AI security tools - such as authentication, used by only 30% - revealing untapped potential to strengthen cybersecurity.

DXC's The Trust Report: How Global Cybersecurity Leaders are Navigating a Sea of Constant Threats (CNW Group/DXC Technology Services, LLC)

DXC and Microsoft commissioned global research, which included interviews with over one hundred cybersecurity experts across four continents. Security threats are rising fast, with AI giving attackers new ways to outsmart defenses and exploit weaknesses. In this climate, the Zero Trust model isn't just a best practice, it's becoming an essential framework for safeguarding organizations against an ever-evolving threat landscape. The report found that 83% of surveyed organizations adopting Zero Trust have successfully reduced security incidents, lowering remediation and support costs. At the same time, while cyber threats are on the rise due to AI, only 30% reported using AI-driven authentication tools to enhance their security practice. This striking gap underscores both the value of Zero Trust and the untapped potential of AI to deliver more proactive, adaptive protection against today's evolving cyber threats.

"Zero Trust is increasingly viewed as the standard going forward," said Dawn-Marie Vaughan, Global Offering Lead Cybersecurity, DXC. "As AI-driven threats accelerate, organizations must evaluate security holistically across identity, devices, networks, applications, and data. At DXC, we're helping customers embed Zero Trust into their culture and technology to safeguard operations. Our end-to-end expertise makes it possible to both defend against AI threats and harness secure AI in the same decisive motion."

Key findings from the report include:

66% of organizations cite legacy systems as their biggest challenge to Zero Trust adoption.
72% of enterprises say new threats are their primary driver for continuously improving Zero Trust policies and practices.
More than 50% of organizations discovered unexpected value in Zero Trust's ability to improve user experience alongside security.
"Most enterprises already rely on Microsoft Entra ID and Microsoft 365 as the backbone of their IT environments," said Alex Simons, CVP, Microsoft Entra. "Building Zero Trust solutions alongside DXC extends that value, enabling tighter integration, simplified operations, and greater visibility and control. By consolidating around the Microsoft stack, organizations can reduce complexity, cut costs, and accelerate their Zero Trust journey."

The report underscores that Zero Trust is not a one-time implementation, but an ongoing journey requiring cultural change, continuous monitoring, and strong partnerships. DXC's cybersecurity experts emphasize that organizations should take a phased approach, starting with identity, while leveraging trusted partners to integrate, optimize, and manage Zero Trust architectures at scale.

The full report, The Trust Report: From Risk Management to Strategic Resilience in Cybersecurity, is available for download here.

About DXC Technology

DXC Technology (NYSE: DXC) is a leading global provider of information technology services. We're a trusted operating partner to many of the world's most innovative organizations, building solutions that move industries and companies forward. Our engineering, consulting and technology experts help clients simplify, optimize and modernize their systems and processes, manage their most critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront. Learn more on dxc.com.

SOURCE DXC Technology Services, LLC

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SINGAPORE--(BUSINESS WIRE)--Today during its EXPLORE Connect B2B event for APAC partners, Expedia Group unveiled a new suite of AI and machine learning-powered tools designed to help partners drive speed, scale and personalization. Highlights include Smart Trip AI™, a new trip planning tool that provides hotel and activity inspiration, and the piloting of the Lodging Sponsored Listings API, a new advertising solution that unlocks advertising for B2B partners.

“As the leader in B2B travel, our goal is to be the one stop shop for our partners by giving them the smartest, most reliable and scalable tools in the industry."

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“As the leader in B2B travel, our goal is to be the one stop shop for our partners by giving them the smartest, most reliable and scalable tools in the industry,” said Alfonso Paredes, president, Expedia Group B2B. “From AI powered trip planning to new merchandising and advertising solutions, we help partners grow with confidence, deliver exceptional experiences and stay competitive in a fast-changing travel landscape.”

AI and machine learning-powered features: With more than 350 AI models currently integrated throughout Expedia Group’s marketplace, every stage of the travel journey is enhanced. By combining its vast first-party data with AI, Expedia Group delivers smarter, more personalized experiences for partners and travelers.

Smart Trip AI™: Curated Planning at Scale

Today’s travelers expect effortless planning. By marrying industry expertise, travel supply and cutting-edge technology with a partner's loyalty offerings, Smart Trip AI™ delivers a conversational AI tool that provides curated, real-time trip recommendations. It streamlines the planning process, by helping users discover, compare and select options more efficiently.

Merchandising API: Smarter Campaigns, Better Deals

Merchandising is about promoting travel products — like hotels and packages — effectively. Surfacing timely, relevant and valuable offers to travelers when they start planning their next trip allows brands to deepen engagement and increase conversion at the right moment. With 58% of travelers signaling they are more price-conscious this year, promoting valuable deals is critical.1 Our new Merchandising solutions, rolling out in 2026, use machine learning to help partners run timely, high-performing campaigns quickly and effectively. This product is currently in beta testing.

Typeahead API: From Inspiration to Booking

Typehead API unlocks an effective way for partners to guide travelers from inspiration to booking. When travelers start typing in the search bar, the tool instantly suggests relevant destinations and locations, making it easier to find what they’re looking for. This leads to a better shopping experience, retains more visitors on site, and increases booking rates. Tripbtoz, an online travel agency headquartered in Seoul, South Korea, saw a 20% boost in search-to-book conversion after integrating the API.

Amplifying partner content through Expedia Group Advertising: Our full-funnel travel media network provides unparalleled reach, connecting with travelers on-site, offsite, and through our B2B network.

Lodging Sponsored Listings API: Monetize Traffic with Relevant Recommendations

The Lodging Sponsored Listings API enables B2B partners to display lodging sponsored listings from Expedia Group on their own sites, apps, or platforms. This allows them to monetize their traffic while offering relevant property recommendations to their travelers and provides lodging advertisers more opportunities to reach new audiences. The product is currently in beta testing.

“Through this new suite of tools, we’re enabling seamless, personalized experiences that turn inspiration into action and traffic into value,” says Karen Bolda, chief product and technology officer, B2B. “This is about empowering our partners to grow with speed, intelligence, and impact in a rapidly evolving travel landscape.”

About Expedia Group

Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, Expedia Group™ helps people experience the world in new ways and build lasting connections.

Expedia Group’s three flagship consumer brands are Expedia®, Hotels.com®, and Vrbo®. Its B2B arm, Expedia Group B2B, delivers industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Expedia Group Advertising helps partners extend their reach and connect with travelers across its travel sites and a broad range of offsite channels through its travel media network.

© 2025 Expedia, Inc., an Expedia Group company. All rights reserved. Expedia Group and the Expedia Group logo are trademarks of Expedia, Inc. CST: 2029030-50.

For more information, visit www.expediagroup.com.

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1 2025 Traveler Value Index, Expedia Group

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Vancouver, BC – October 8, 2025 – TheNewswire - Muzhu Mining Ltd. (CSE:MUZU) (FSE:Y33) (OTCQB:MUZUF) (“Muzhu” or the “Company”) is pleased to announce that the Company has arranged a non-brokered private placement of up to 6,250,000 units at $0.08 per unit for an aggregate amount of up to $500,000.  Each Unit is comprised of one (1) common share (each, a “Share”) of the Company and one (1) non-transferable share purchase warrant (each, a “Warrant”).  Each Warrant is exercisable for a period of two (2) years for the purchase of one (1) additional common share of the Company at a price of $0.12 per Share, subject to the following acceleration provision: should the common shares of the Company trade on an exchange for fifteen (15) or more consecutive days at a price of $0.15 or greater, the Company may, at its option, provide written notice to the holder requiring that the Warrants be exercised within thirty (30) days of the date of the notice, failing which the warrants shall immediately thereafter expire.

Proceeds will be used for general working capital and to further the Company’s exploration projects.

A finder’s fee of a combination of cash, shares and/or warrants will be paid to eligible finders in relation to this financing, all in accordance with the CSE policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offering and payment of finders' fees are both subject to approval by the CSE.

ON BEHALF OF THE BOARD OF DIRECTORS

Dwayne Yaretz,

CEO

Muzhu Mining Ltd.

Phone: 778-709-3398

Email: [email protected]

Website: www.muzhumining.ca

Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt, approximately 75km South of Matagami, Quebec. As well, Muzhu has executed two option agreements to acquire up to 80% of the Silver, Zinc, Lead XWG and LMM Properties and is currently pursuing an exploration agreement at the WLG mine, all located in the Henan Province, China.

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

 

Institutional investors can now access Ethereum staking rewards through regulated US ETFs, signaling mainstream adoption of proof-of-stake yields.

Key Takeaways

Grayscale staked 857,600 ETH, worth $3.8 billion on Oct. 8.
The staked ETH is held in both Grayscale's ETHE and ETH ETF products.

Grayscale, a digital asset management firm, staked 857,600 ETH valued at $3.8 billion today across its Ethereum ETP products. The move represents one of the largest institutional staking positions in the Ethereum network.

The staked tokens are distributed between Grayscale’s ETHE and ETH ETFs, both of which now offer staking rewards to investors through on-chain participation.

Grayscale became the first provider of staking capabilities in US-listed Ethereum ETPs, bridging crypto rewards with regulated investment vehicles. The feature allows traditional investors to earn yields from Ethereum’s proof-of-stake consensus mechanism without directly managing digital wallets or validator nodes.

Grayscale has reportedly staked nearly 890,000 ETH, following the debut of its first crypto staking ETPs in the US.

Disclaimer

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

Binance is celebrating a major milestone as BNB reaches new all-time highs around $1,350, marking another chapter in the exchange’s dominance. The price of BNB has surged over 55% since early September, fueled by strong momentum across the broader crypto market. With this latest rally, BNB has overtaken XRP to become the third most valuable cryptocurrency by market capitalization, now standing at $182.1 billion.

The surge comes amid renewed enthusiasm around Binance Smart Chain (BSC), which continues to outperform other networks in decentralized exchange (DEX) activity. Data shows that BSC ranks #1 across all chains, recording billions in daily volume, with PancakeSwap — its flagship DEX — leading the charge. This on-chain strength highlights Binance’s deep ecosystem advantage, combining network efficiency, liquidity, and user engagement at scale.

Analysts attribute BNB’s performance not only to speculative demand but also to real ecosystem growth. As transaction fees, user activity, and staking metrics rise, confidence in Binance’s ecosystem continues to grow. With market sentiment improving and altcoins showing strength, many see BNB’s breakout as a signal of the next phase of the bull cycle, positioning Binance at the center of crypto’s expanding momentum.

BSC Dominates As Binance Narrative Gains Strength
According to Lookonchain, the Binance Smart Chain (BSC) continues to dominate the crypto landscape, ranking #1 among all blockchains in both decentralized exchange (DEX) volume and chain fees. Over the past 24 hours alone, BSC recorded more than $6.05 billion in DEX trading volume and $5.57 million in transaction fees, surpassing competitors like Ethereum and Solana by a wide margin.

Binance Smart Chain daily volume | Source: Lookonchain
This surge in activity coincides with BNB’s strong performance, which recently broke into new all-time highs around $1,350. The token’s rise has reignited enthusiasm around Binance’s expanding ecosystem, reflecting renewed confidence in its scalability and utility. Analysts note that this growth underscores Binance’s position as a central player in the next wave of crypto adoption — combining high transaction throughput, competitive fees, and an increasingly diverse network of DeFi applications.

The Binance narrative has been gaining momentum across the market as investors recognize the growing impact of BSC’s ecosystem. Projects built on BSC, including PancakeSwap, are attracting significant liquidity, while daily user activity continues to climb. This consistent onchain growth highlights how Binance’s infrastructure supports sustainable demand, even in volatile market conditions.

As BNB leads altcoins into new highs, its ecosystem metrics validate the rally’s fundamentals. Increased trading activity, elevated chain fees, and network expansion all signal healthy organic growth, not just speculative hype. With Binance Smart Chain maintaining the top position in DEX volume and user engagement, the data points to a clear shift in market dominance — one driven by Binance’s unique blend of innovation, liquidity depth, and community scale. If this momentum continues, BSC and BNB could define the next leg of the altcoin bull market.

BNB Reaches Parabolic Phase With Record Momentum
BNB is showing one of its strongest performances in years, with the weekly chart confirming a parabolic breakout above all previous highs. The token surged to $1,349 before slightly cooling to around $1,313, marking a 12.5% weekly gain and extending its rally that began near $850 just weeks ago. This move represents a 55% rise since early September, firmly placing BNB in price discovery territory.

BNB showing massive strength | Source: BNBUSDT chart on TradingView
The chart highlights a clear breakout above long-term resistance, supported by growing volume and expanding bullish momentum. The 50-week moving average (blue) has steepened upward and remains well above the 100-week (green) and 200-week (red) moving averages — a strong confirmation of trend acceleration. The price structure also mirrors BNB’s 2021 rally, but with healthier market conditions and broader ecosystem strength.

As long as BNB holds above the $1,100–$1,150 range, the technical outlook remains bullish, with potential upside targets beyond $1,400–$1,500 in the short term. Analysts view this surge as both a technical and fundamental breakout, driven by renewed network activity on Binance Smart Chain and strong investor confidence. With market sentiment turning optimistic, BNB’s chart reflects clear bullish continuation potential as the altcoin bull cycle matures.

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.

Two major crypto ETF issuers are joining the rush to bring crypto asset staking to the U.S.

Bitwise and 21Shares each unveiled updates to their crypto funds on Tuesday, cutting fees and adding staking features for investors, just days after Grayscale became the first to introduce staking in its U.S. Ethereum ETFs.

Bitwise’s latest filing formally renames its product to the aptly titled “Bitwise Solana Staking ETF,” while adding language that allows it to “seek to provide exposure to the value of Solana held by the Trust.”

It also introduces a 0.20% unitary management fee, a single charge that covers all fund operating costs, waived for the first three months on the first $1 billion in assets.

At that rate, the proposed fee undercuts most competing crypto ETF filings, which typically range between 0.21% and 0.25%, and matches the lowest levels seen among approved crypto products.

21Shares, meanwhile, announced enhancements to its 21Shares Ethereum ETF (TETH), adding staking and waiving its 0.21% sponsor fee for 12 months starting October 9.

The move is being touted as a “natural evolution of Ethereum investment products in the U.S. market,” Federico Brokate, head of U.S. business at 21Shares, said in a statement.

By adding staking, the funds would earn small rewards from helping secure blockchains like Solana or Ethereum. Those rewards flow back into the ETF, providing investors with an opportunity to earn additional income from the same assets, rather than relying solely on price gains.

Bitwise declined Decrypt’s request for comment. Decrypt has reached out to 21Shares.

Commenting on Bitwise, Bloomberg senior ETF analyst Eric Balchunas wrote on X that the firm is “not playing around,” adding that low fees have a “near perfect record of attracting investors,” and is a “good sign for inflow potential.”

Balchunas did not immediately respond to Decrypt’s questions on whether this could ostensibly mark a race to the bottom similar to the so-called “fee war” that broke out ahead of the SEC’s approval of U.S. Bitcoin ETFs in January last year.

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