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2025-10-02 03:26 7mo ago
2025-10-01 23:16 7mo ago
Bitget exec sees ‘no logical reason' for an altcoin season this cycle cryptonews
BGB
A broad altcoin rally is unlikely, as crypto projects haven't generated enough excitement to stir traders into action, Bitget operating chief Vugar Usi Zade tells Cointelegraph.
2025-10-02 02:26 7mo ago
2025-10-01 21:01 7mo ago
Gala Games Unveils a Spooky Halloween Adventure Across Multiple Worlds cryptonews
GALA
Joerg Hiller
Oct 02, 2025 02:01

Gala Games introduces 'Haunt and Haul' for Halloween, connecting games like Town Star, Vexi Villages, and Mirandus with unique events and rewards.

This October, Gala Games is launching an interconnected Halloween celebration, 'Haunt and Haul,' featuring a series of events across its gaming ecosystem. The festivities will span multiple games, including Town Star, Vexi Villages, Mirandus, Champions Arena, and Eternal Paradox, offering players a unique experience with rewards that carry over between games.

A Haunted Journey Across Worlds
Gala Games is orchestrating a multi-game event for the first time, allowing players to use their achievements in one game to gain advantages in another. The event kicks off with Town Star from October 14 to 17, where players can win the rare VEXI Scaremel NFT, enhancing their Candy Cart in Vexi Villages.

Following this, from October 23 to 27, Vexi Villages will offer the Link of the Brittle NFT, a special item for Mirandus players. The event continues with Mirandus from October 30 to November 3, where players can secure a Zombie Chemical Engineer Skin, which boosts performance in Town Star.

The event concludes with a final showdown in Town Star from November 4 to 7, where participants can compete for glory and $GALA tokens. All participants will receive the exclusive 'Haunted Circle Member' Discord role as a badge of honor.

The Great Halloween NFT Exchange
Each NFT obtained during the event is not just a collectible but a strategic asset for future gameplay. The Scaremel NFT enhances the Candy Cart in Vexi Villages, while the Link of the Brittle NFT and the Zombie Chemical Engineer Skin are designed to boost players' strategies across the games, making the event a gateway to future success in the Gala Games universe.

Champions Arena Joins the Celebration
Champions Arena is also participating with its Halloween-themed events, including a limited-time Halloween Avatar Skin Wardrobe available from October 22 to November 5. Players can also enjoy Hot Time Events from October 24 to 31, offering boosted rewards and reduced upgrade costs. A new Equipment Refine feature allows players to customize their gear further.

Eternal Paradox: Halloween Frenzy
Eternal Paradox will host a 72-hour Halloween showdown from October 31 to November 3. Players can engage in Arena PvP battles, aiming to climb the leaderboard by earning Event Points. Enhancements such as the Event Pass, Obscure Keep Fortress Skin, and Dark-affinity Featured Mercenaries will provide strategic advantages.

As the 'Haunt and Haul' event unfolds, Gala Games invites players to embrace the Halloween spirit by exploring new strategies, unlocking exclusive rewards, and participating in community challenges. For more details, visit the Gala Games news page.

Image source: Shutterstock

gala games
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2025-10-02 02:26 7mo ago
2025-10-01 21:20 7mo ago
Bitcoin reaches $119,000 milestone cryptonews
BTC
Institutional investment and bullish sentiment drive Bitcoin’s surge as analysts predict continued momentum in coming months.

Key Takeaways

Bitcoin reached $119,000 today, extending its recent rally.
Analysts note that a green (positive) September close often leads to a strong October rally for Bitcoin.

Bitcoin reached the $119,000 milestone today, marking a major price milestone for the flagship cryptocurrency.

The digital asset is showing patterns similar to previous cycles, with analysts noting that a green September close historically signals a strong October rally. Bitcoin has been in a sustained bull run with forecasters predicting significant upward momentum through October and beyond, based on historical post-halving cycles and recent market breakouts.

Institutions and sovereign wealth funds are increasingly rotating capital into Bitcoin, marking a shift toward mainstream financial integration. Prediction markets have aligned on optimistic outlooks for Bitcoin’s performance by year-end, reflecting broader bullish sentiment amid global economic rotations.

Disclaimer
2025-10-02 02:26 7mo ago
2025-10-01 21:26 7mo ago
Sui and SUIG Collaborate with Ethena to Launch suiUSDe Stablecoin cryptonews
ENA SUI
Alvin Lang
Oct 02, 2025 02:26

Sui, SUIG, and Ethena collaborate to introduce suiUSDe, a Sui-native synthetic dollar, enhancing the DeFi ecosystem with innovative stablecoin solutions.

The Sui Foundation, in partnership with SUIG Holdings and Ethena, has announced the forthcoming launch of suiUSDe, a new Sui-native synthetic dollar token. This innovative asset aims to bolster Sui's DeFi ecosystem, marking a significant collaboration between a digital asset treasury company, a foundation, and a stablecoin provider, according to Sui Foundation.

Powering the Next Generation of Stable Assets
The suiUSDe token will be supported by a mix of digital assets and short futures positions, providing a stable and income-generating asset on the Sui network. This development positions Sui as the first non-EVM network to host such a stable asset, with backing from Ethena’s infrastructure. The revenue generated from the reserves will be used by both the Sui Foundation and SUIG to acquire additional SUI tokens, enhancing the ecosystem's value.

Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, highlighted the significance of this launch as a new pillar in the Sui DeFi infrastructure, connecting stable assets directly to existing Sui infrastructure like decentralized exchanges. This initiative is expected to attract major financial institutions to the Sui ecosystem.

A Mechanism for Ecosystem Growth
The introduction of suiUSDe is set to drive ecosystem growth by channeling net income back into purchasing the native SUI token. This strategy aligns with the global trend of rising stablecoin transfer volumes, which have recently surpassed those of Visa and MasterCard combined, illustrating the market’s rapid expansion.

Sui's high-speed and scalable blockchain provides a robust foundation for stablecoin transactions, with a record $229 billion in stablecoin transfer volume recorded in August 2025, reinforcing its position as a premier platform for stablecoin movement.

Building the Future of Finance
Marius Barnett, Chairman of SUI Group, emphasized the strategic importance of suiUSDe as part of their vision to create a 'SUI Bank,' enhancing liquidity and value within the Sui ecosystem. Guy Young, CEO of Ethena Labs, noted Sui’s performance and composability as key factors in choosing it for launching this new stablecoin product beyond the EVM environment.

The suiUSDe launch further solidifies Ethena’s status as a leading digital dollar issuer, with the token forming part of Ethena’s Whitelabel product line, enabling high-performance chains and consumer-facing apps to launch their digital dollars. The suiUSDe is set to be available later this year, promising to enhance the DeFi landscape with cutting-edge stablecoin solutions.

Image source: Shutterstock

sui
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stablecoin
2025-10-02 02:26 7mo ago
2025-10-01 21:37 7mo ago
XRP News Today: Government Shutdown Sparks Demand, Bulls Eye $3 Mark cryptonews
XRP
XRP rallies as U.S. government shutdown lifts demand for risk assets, but ETF launch delays loom with SEC approvals on hold.
2025-10-02 02:26 7mo ago
2025-10-01 21:48 7mo ago
World's Largest Bitcoin Fraudster Pleads Guilty in $6.7 Billion Scam cryptonews
BTC
London prosecutors have secured a guilty plea in what is now being called the largest Bitcoin fraud case in history. Zhimin Qian, also known by the alias Zhang Yadi, admitted at Southwark Crown Court to orchestrating a massive cryptocurrency scam that defrauded over 128,000 investors.
2025-10-02 02:26 7mo ago
2025-10-01 22:00 7mo ago
Saylor Unveils His Bitcoin Endgame That Could Upend Global Finance cryptonews
BTC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a wide-ranging September interview with Bitcoin Magazine, MicroStrategy executive chairman Michael Saylor condensed five years of corporate experimentation into a stark, almost mechanical blueprint for what he calls Bitcoin’s “endgame”: accumulate an unprecedented stockpile of the asset as digital capital, then manufacture a new tier of credit markets on top of it.

“The endgame is we accumulate a trillion dollars worth of BTC and then we grow that capital by issuing more credit,” Saylor said. He cast the maneuver not as a speculative side bet but as the next logical phase of corporate finance, with Bitcoin reconstituted as “digital energy” and balance sheets reimagined as engines that spin yield from over-collateralized, Bitcoin-backed instruments.

Saylor’s framing is deliberately elemental. He stitched BTC into a centuries-long lineage of civilization-scale energy breakthroughs—from fire and steel to petroleum and electricity—arguing that the asset’s monetary properties are best understood as a way to move economic “energy” across time and space at light speed.

“Bitcoin is hope because Bitcoin represents digital energy,” he said. “A way to convey energy through time, through space… the next paradigm shift.” To Saylor, the institutional misunderstanding of that shift is not a bug but the core of the opportunity. “I would say 95% of the decision makers in the finance world still don’t really embrace or understand the idea of digital energy,” he argued, adding that society’s digestion lag is typical of paradigm shifts: “Bitcoin is evolving faster than society can digest it.”

At the heart of the playbook is a simple balance-sheet identity, scaled. Treat Bitcoin as the monetary base—“digital gold”—then securitize it as “digital credit” in forms familiar to capital markets: converts, preferreds, money-market-like paper, longer-duration bonds. “If I create a company that buys Bitcoin and I accumulate a billion dollars of Bitcoin, I have a billion dollars of digital capital. What can I do with it? I can issue digital credit,” he said.

In Saylor’s model, the equity of a firm that repeatedly performs this cycle becomes “digital equity,” engineered to outperform the underlying asset through conservative leverage and tenor management: “If I want to create a company that’s going to perform 2x Bitcoin, I take the Bitcoin, I issue Bitcoin-backed credit… I create digital equity and the digital equity outperforms the underlying capital asset.”

He insists the competitive set is not other Bitcoin treasuries but the vast inventory of 20th-century credit—mortgage, corporate, and sovereign—priced off low or repressed yields and often secured by depreciating or illiquid collateral. “What they’re competing against is the existing credit instruments in the capital market,” Saylor said.

The pitch to savers is equally blunt: the “better bank” is one that strips out duration and pays a spread over the fiat status quo, funded by over-collateralized Bitcoin. He sketched it in operational terms: raise equity, buy Bitcoin, then sell short-duration, BTC-secured credit “that just strips the duration to one month… and give people 500 basis points more yield than the risk-free rate in the capital market where you’re selling the credit.”

The scale he envisions is not modest. Saylor walked through jurisdictions where financial repression or chronically low policy rates amplify the spread, arguing that mature markets with suppressed yields are the ripest soil for “pure-play digital credit issuers.” Switzerland and Japan were his canonical examples.

The aspiration, however, is global. “What if there’s a hundred trillion dollars of digital credit and… 200 trillion worth of digital capital,” he asked, emphasizing that such a structure could remain over-collateralized rather than drift into fractional banking. He also pressed the geopolitical logic: corporate treasuries and well-capitalized exchanges, miners, and custodians become the “first line of economic defense,” lobbying and normalizing Bitcoin within domestic rule-sets the way incumbent industries do. “If you want to win the monetary war you need the institutions that control all the capital and… the support of the government,” he said.

Bitcoin Treasury Companies Will Be Banks
Saylor was explicit that corporate adoption is already compounding. He traced the cohort of publicly traded balance sheets holding BTC from a single firm in 2020—MicroStrategy—to “two or three… then 10… then 20… then 40… about a year ago there were 60… three months ago there were 120 and right now there’s more than 180,” with the target trajectory moving from “100 to a thousand to 10,000 to 100,000.” He blended that diffusion story with the platform thesis—Bitcoin built natively into iOS, Android, Windows, and consumer hardware—arguing that operating-system-level support is the other clear signal that “digital energy” has fused with the fabric of commerce.

Asked about the distributional critique—that corporations crowd out individuals—Saylor inverted the premise, claiming institutional flows have largely accrued to early holders. “When we got involved, Bitcoin was trading $9,000 a coin… today Bitcoin’s $115,000,” he said, attributing much of the appreciation to corporate and ETF demand. “That means that 93% of the gain… went to the individuals that owned the Bitcoin before the corporations got involved.”

The rhetoric can be martial—Saylor calls it a “protocol war”—but his operational discipline hinges on avoiding the traps that wrecked miners in the last cycle. Short and expensive liabilities layered onto depreciating hardware was, in his view, the fatal mismatch. The treasury archetype he champions favors mid-to-longer duration capital structures tied to an appreciating base asset. “If you take a mid-duration or long-duration loan and buy an asset appreciating 30 to 60% a year, you’ll probably be fine,” he said, dismissing M&A diversification as value-destructive opacity compared to the “perfect partner” of simply buying more BTC at “one times revenue.”

Saylor On US Policy
Saylor also pushed the policy and infrastructure horizon, predicting a phased legitimization of tokenized assets while stressing that the “greatest regulatory clarity” remains BTC’s status as a digital commodity that can sit on balance sheets and collateralize credit. He summarized the new political posture in Washington as supportive of making the US a “global Bitcoin superpower”—not by nationalizing miners or acquiring equity stakes, but by mainstreaming custody, collateralization, lending, operating-system integration, and tax treatment. “They want the finance companies in the United States to lead the way… and the finance companies in the United States to lead the way in digital assets and digital capital and Bitcoin adoption,” he said.

For a community accustomed to debating halvings, hash rate, or on-chain heuristics, Saylor’s endgame centers elsewhere: indexes, coupons, tenors, and yield curves—all re-denominated atop a new monetary base. It is a corporate finance thesis at Bitcoin’s core. And it doubles as a provocation to boards and CFOs in every currency regime: “For every company in the world in any capital market, they’re always better off to buy Bitcoin as their capital asset,” he said. The rest is execution at scale. “Get to a trillion dollars of collateral growing 30% a year, be issuing $100 billion of credit a year, growing 20, 30% a year,” Saylor concluded. “We’re building a better bank.”

At press time, Bitcoin traded at $116,492.

BTC rises back above $116,000, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-10-02 02:26 7mo ago
2025-10-01 22:00 7mo ago
Bitcoin Surges Past $116K Despite U.S. Government Shutdown: Is $120K Next? cryptonews
BTC
Bitcoin blasted through $116,000 with a 3% daily gain even as the U.S. government officially entered shutdown, its first since 2018. The political stalemate over health-care funding has 750,000 federal workers on furlough and could cost about $400 million per day, yet risk assets shook off early nerves.
2025-10-02 02:26 7mo ago
2025-10-01 22:05 7mo ago
Bitcoin, Ethereum, Dogecoin, XRP Shrug Off Shutdown Concerns: Analytics Firm Projects BTC's Q4 Surge to $160,000–$200,000 cryptonews
BTC DOGE ETH XRP
Leading cryptocurrencies jumped alongside stocks on Wednesday, as investors looked past government shutdown concerns. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m.
2025-10-02 02:26 7mo ago
2025-10-01 22:20 7mo ago
Analysts Warn Government Closure May Delay Solana ETF Approval cryptonews
SOL
Despite delays, experts say the approval of several altcoin ETFs, including Solana's, are “really 100% now.”
2025-10-02 01:26 7mo ago
2025-10-01 19:22 7mo ago
GalaSwap Launches WTRX/GALA Trading Competition with Exclusive NFT Rewards cryptonews
GALA
Jessie A Ellis
Oct 02, 2025 00:22

GalaSwap introduces a trading competition featuring the WTRX/GALA pair, offering exclusive NFTs to top traders and boosting liquidity within the GalaChain ecosystem.

GalaSwap has announced an exciting new trading competition focused on the WTRX/GALA trading pair, marking a significant move to enhance trader engagement and liquidity within the GalaChain ecosystem. According to Gala News, this competition, which began on October 1st and will run until October 8th, 2025, invites traders to compete by executing swaps on the platform.

Competition Details
The competition ranks traders based on their total trading volume in the WTRX/GALA pair on swap.gala.com. Participants have the opportunity to win exclusive NFTs, specifically crafted for this event. The top traders will receive 'Vampire Boxing Facility Worker' NFTs in various rarities, including Legendary, Epic, and Rare.

Exclusive NFT Prizes
The prize structure is designed to reward the top ten traders with unique NFTs, each offering different levels of in-game utility within the Town Star game. For example, the Legendary Vampire Boxing Facility Worker boosts all Boxing Facility Crafts' speed by 30%, while the Epic version offers a 20% increase. Additionally, from the 11th place onward, all participants who execute at least one trade will receive an Uncommon Vampire Boxing Facility Worker NFT.

Why Participate?
This event is more than just a competition; it provides an opportunity for traders to demonstrate their skills and contribute to the liquidity and growth of the GalaChain decentralized ecosystem. The competition also highlights GalaSwap's commitment to transparency and engagement among its user base.

Getting Started
To participate, traders need to connect their wallets on GalaSwap and begin trading the WTRX/GALA pair. It's important for participants to review the competition's terms and conditions, available here, to ensure compliance and eligibility for the rewards.

Prize Box Odds
As part of the rewards, winners will also receive special prize boxes containing various items with different probabilities. Notably, the Memorial Day Box Mystery Pack, the Vending Machine Mystery Pack, and the Garden Gnomes Blind Collectors Sale offer a range of collectibles, each with its own set of odds for obtaining rare items.

GalaSwap's innovative approach to trading competitions not only incentivizes participation but also strengthens the platform's ecosystem by offering unique and valuable rewards to its community.

Image source: Shutterstock

galaswap
nft
wtrx
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trading competition
2025-10-02 01:26 7mo ago
2025-10-01 19:28 7mo ago
‘$1 Trillion Club' ETF Offers Investors Exposure to Tech Giants and Bitcoin cryptonews
BTC
Defiance ETFs has introduced an innovative exchange-traded fund (ETF) that combines exposure to some of the world's most valuable companies with Bitcoin. The fund, called the Defiance Trillion Dollar Club Index ETF (TRIL), debuted on Tuesday and aims to give investors access to a mix of top-tier tech companies and digital assets with a market capitalization exceeding $1 trillion.
2025-10-02 01:26 7mo ago
2025-10-01 19:30 7mo ago
Japanese Loans Giant MBK Announces $2M Bitcoin Purchase, Crypto Exchange Deal cryptonews
BTC
The Japanese loans provider MBK says it has bought over $2 million worth of Bitcoin (BTC) and struck a partnership deal with a domestic crypto exchange.
2025-10-02 01:26 7mo ago
2025-10-01 19:30 7mo ago
New IRS Guidance Spares Strategy From 15% Tax on Unrealized Bitcoin Gains cryptonews
BTC
Interim IRS guidance lifts Strategy's outlook by removing expected 15% tax exposure on unrealized bitcoin gains, strengthening earnings potential and reinforcing momentum from its massive cryptocurrency holdings. New IRS Guidance Frees Strategy From 15% Burden on Unrealized Bitcoin Gains Tax policy adjustments are reshaping corporate earnings expectations for firms with large cryptocurrency reserves. Strategy Inc.
2025-10-02 01:26 7mo ago
2025-10-01 19:46 7mo ago
Bitcoin Price Prediction: Can BTC's $118K Breakout Rally Hit $124K Next? cryptonews
BTC
Bitcoin price prediction: BTC breaks $118K with Metaplanet's $600M buy, Alvara's tokenization push, and U.S. tax relief fueling confidence for $124K.
2025-10-02 01:26 7mo ago
2025-10-01 19:57 7mo ago
Sweden Eyes Bitcoin Reserve as Geopolitical Tensions Mount cryptonews
BTC
TLDR

Sweden is considering establishing a national Bitcoin reserve to enhance its financial strategy and diversify state assets.
The proposal highlights Bitcoin’s potential as a hedge against inflation and a complementary asset to gold and foreign exchange reserves.
Lawmakers argue that Bitcoin’s global liquidity and capped supply make it an attractive addition to Sweden’s financial reserves.
The motion calls for the government to ensure that Bitcoin’s legal status remains unchanged and unaffected by future policy shifts.
Sweden’s growing interest in Bitcoin aligns with a broader trend of countries accumulating Bitcoin as a strategic financial asset.

Sweden could soon establish a national Bitcoin reserve, positioning itself as a key player in the global financial landscape. On October 1, a parliamentary motion titled “A Swedish Bitcoin Strategy” was introduced by Dennis Dioukarev and David Perez of the Sweden Democrats. The motion calls on the government to explore the creation of a Bitcoin reserve to complement existing financial assets like gold and foreign exchange reserves.

Proposal for National Bitcoin Reserve
The proposed Bitcoin reserve would aim to diversify Sweden’s financial holdings, as it faces growing geopolitical uncertainty. According to the lawmakers, Bitcoin could serve as a hedge against inflation and provide liquidity during crises.

“We believe that Bitcoin is an asset that can offer financial security and stability,” Dioukarev said in a statement.

The motion outlines the potential benefits of adding Bitcoin to Sweden’s reserves. These include diversification, as Bitcoin’s value is independent of any single country’s monetary policy. The lawmakers argue that the cryptocurrency’s capped supply and global liquidity make it an attractive addition to state-held assets.

Additionally, the proposal emphasizes the growing importance of digital innovation. Bitcoin’s rise has led some countries, including the United States, to establish national reserves. Sweden, the motion argues, should also capitalize on this trend to remain competitive on the global stage.

Political Context and Strategic Rationale
The Swedish motion follows a broader trend of countries accumulating Bitcoin as a strategic asset. In the United States, lawmakers recently advanced the GENIUS Act, which supports the creation of a national Bitcoin reserve. Similarly, the UK and Finland have accumulated Bitcoin through legal seizures, and other nations like the Czech Republic are exploring similar options.

Sweden’s proposal comes amid rising calls for financial sovereignty. Lawmakers argue that Bitcoin could safeguard Sweden’s financial autonomy in an increasingly uncertain global landscape.

“In the face of global financial instability, Bitcoin offers an alternative that is not tied to traditional monetary policies,” said Perez.

The Swedish motion also seeks to ensure that Bitcoin’s legal status remains intact. The proposal requests that the government confirm it will not alter the legal definition of tender or introduce a central bank digital currency. This will ensure that Bitcoin’s role as a reserve asset remains unaffected by future legislative changes.

Sweden’s stance toward cryptocurrency has been cautious in recent years, with regulators tightening rules on exchanges and miners. However, recent developments suggest that the country is becoming more open to digital assets. Several Swedish companies, including H100 Group AB and Refine Group AB, have recently added Bitcoin to their balance sheets as a treasury asset.

The motion suggests a budget-neutral approach for acquiring Bitcoin reserves. Law enforcement agencies would transfer seized Bitcoin to the Riksbank or another designated authority, rather than auctioning it off. This could help Sweden build a Bitcoin reserve without additional state spending, as the assets are already in government possession.
2025-10-02 01:26 7mo ago
2025-10-01 20:00 7mo ago
XRP Payments Make Waves In Asia As This Japanese Company Taps Ripple's Ledger, Here's How cryptonews
XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The adoption of blockchain technology across Asia continues to accelerate, with Ripple’s XRP Ledger (XRPL) once again at the center of innovation. A new collaboration between Tobu Top Tours Co., Ltd. and SBI Ripple Asia Co., Ltd. aims to reshape digital transactions by combining blockchain technology with real-world commerce. The initiative could create new waves of opportunities for businesses, travelers, and communities.

Ripple And XRP Strengthen Payments In Japan
A recent press release by Tobu Top Tours reports that the Japanese travel MICE agency has partnered with SBI Ripple Asia to launch a new payment platform built on the XRP Ledger. The agreement, signed on September 30, marks a significant step toward integrating blockchain into mainstream industries, with tourism and commerce set to benefit the most. 

The initiative is designed to issue unique tokens by SBI Ripple Asia for partner companies and organizations. Tobu Top Tours will integrate these tokens into its ecosystem, linking them with Non-Fungible Tokens (NFTs) that the company manages and plans to launch in 2026. The goal of the payments platform is to help businesses and organizations strengthen their fan economies, while also providing users with new ways to pay for services such as lodging, dining, and shopping.

As part of the collaboration, Toby Top Tours will take the lead in securing partnerships, building a wide user and merchant network, and developing marketing strategies based on NFTs. Meanwhile, SBI Ripple Asia will handle the technical infrastructure by leveraging the XRP Ledger to issue secure, reliable tokens. With this blockchain foundation, customers can easily make payments using their tokens seamlessly in everyday situations.

XRP Utility Expand Into Tourism And Fan Economies
Beyond developing innovative payment systems, the Tobu Top Tours and SBI Ripple Asia alliance is aiming to have a broader societal and cultural impact. Several envisioned use cases for the new platform aim to address social challenges while simultaneously opening up new markets. 

In the tourism industry, companies plan to issue unique tokens restricted to specific regions or tourist hubs. This localized currency will enable travelers to enjoy seamless, cashless transactions across destinations, thereby stimulating spending and circulating money within the local economies. By pairing token usage with NFTs, such as digital souvenirs or future discount vouchers, the system is expected to foster lasting engagement even after the traveler has left.

Another major application lies in disaster relief and reconstruction efforts. Instead of distributing traditional aid, funds could be provided as unique tokens that are redeemable only in the affected region. This ensures that financial assistance is spent locally, directly supporting shops, hotels, and restaurants. 

According to the press release, the upcoming payments platform could also have transformative potential for the entertainment industry, particularly in areas of culture, music, and sports. Professional teams, musicians, and cultural organizations can create tokens for exclusive use within their respective communities, thereby enhancing fan engagement.

XRP trading at $2.92 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-10-02 01:26 7mo ago
2025-10-01 20:00 7mo ago
Bitcoin Displays Disturbing CME Gap, Here's What Happens If The Gap Closes cryptonews
BTC
Bitcoin is now back trading above $115,000, but the recovery comes with a shadow that cannot be ignored. A new gap opened on the CME Bitcoin futures chart, and while the spot market has pushed higher since then, the presence of this gap opens up a bearish scenario. These gaps have a history of pulling Bitcoin back down to fill them, and the most recent one opens up questions about how long the current bullish momentum can last.

Bitcoin Opens Up Huge CME Gap
Crypto analyst Daan Crypto noted on the social media platform X how Bitcoin opened the week with a huge CME gap that has continued higher since the futures open. This gap is important, as it has been a while since Bitcoin opened with such a huge gap.

As shown in the chart image below, this CME gap is between $110,000 and $111,300. Gaps on CME futures have a tendency to close fairly quickly, meaning that Bitcoin often retraces to the level of the gap before resuming its trend. If that happens this time, the short-term structure of Bitcoin’s price action could deteriorate into a bearish momentum. 

Source: Chart from Daan Crypto Trades on X
However, Daan also noted that this gap should not be considered in play unless Bitcoin drops below $111,000. But if that happens, the futures chart could drag spot prices lower and turn recent strength into weakness.

What Does This Mean For Bitcoin?
A CME gap occurs because the Chicago Mercantile Exchange does not trade over the weekend, unlike the spot Bitcoin market, which operates 24/7. When Bitcoin makes a big move on Saturday or Sunday, CME futures reopen on Sunday evening at a different level than they closed on Friday, and this leaves an empty gap on the price chart. 

It’s common knowledge that Bitcoin tends to fill these gaps by returning to the level of the gap before continuing in its trend. If Bitcoin retraces to close this latest gap between the $110,000 to $111,000 range, it would erase the recovery that pushed it to $115,000 and bring the price back into a zone of uncertainty.

According to Daan Crypto, if that were to happen here, then the entire structure would look pretty bad in the short term. However, this might be one of those very few gaps that never closes or not until months later. This would most likely be the case, unless Bitcoin breaks below $111,000. A dip below $111,000 could ultimately see Bitcoin losing the $110,000 price level again. 

If Bitcoin can stay above $115,000 and there’s enough buying pressure, then the gap can be ignored in the short term. The next test will be whether buyers can sustain the recently found momentum and push towards $120,000.

At the time of writing, Bitcoin is trading at $116,380, up by 1.4% in the past 24 hours.

BTC trading at $116,300 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com
2025-10-02 01:26 7mo ago
2025-10-01 20:01 7mo ago
Crypto Market Prediction: Bitcoin (BTC) to Rocket to $130,000? Shiba Inu (SHIB) Hits $0.000012 Breakout, XRP Breaks 5 Resistances in 1 Move cryptonews
BTC SHIB XRP
Cover image via www.freepik.com

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

Bitcoin, Shiba Inu and XRP are all showing bullish momentum: BTC has reclaimed key EMAs and targets $125,000-$130,000 if it holds above support; SHIB has broken $0.000012 with volume but must maintain strength to avoid retracing; and XRP has reset its outlook by clearing all major EMAs with resistance ahead at $3.00-$3.20.  

Bitcoin is backA recent strong rally that drove the price of Bitcoin (BTC) to $116,800 has put the cryptocurrency back in the public eye and sparked speculation about a possible breakout toward the $130,000 mark. Exponential moving averages (EMAs), which are frequently a sign of increased volatility and decisive actions, are convergent toward the current price, and the recent surge coincides with rapidly aligning technical indicators.

Bitcoin has reclaimed the 100 and 200 EMAs on the four-hour chart, breaking above significant short-term resistance with robust bullish momentum. An impending breakout is indicated by the 20 EMA and 50 EMA aligning near the price level, which further narrows the range. As the market builds pressure before releasing into a new trend, this compression of moving averages usually occurs before explosive moves.

HOT Stories

Growing buyer conviction is reflected in the spike in trading volume, which supports the breakout potential. Additionally, momentum indicators show growing strength, and the RSI is above 68 and is approaching overbought territory without exhibiting any overt signs of exhaustion just yet. Bulls continue to hold a firm grip on the market as long as Bitcoin consolidates above $115,000.

If Bitcoin sustains its momentum and breaks through the $118,000 resistance level, the trajectory toward $125,000-$130,000 becomes more feasible. Nevertheless, traders should continue to exercise caution. Even though the technical picture is in favor of bulls, short-term pullbacks could be caused by overextended conditions.

The breakout attempt could be deemed invalid, and sellers could be invited back to the market if the price fails to hold above $113,000. For the time being, it is evident where Bitcoin is headed: EMAs are convergent, volatility is increasing and the stage is set for a possible skyrocketing that could push the price closer to $130,000.

Shiba Inu momentum backIn the short term, Shiba Inu has recovered its momentum, breaking through the $0.000012 level and displaying a robust green candle that suggests fresh buyer interest. The action follows SHIB’s successful break through the 50 EMA on the four-hour chart, a crucial dynamic resistance level that had been limiting price action for the previous two weeks. This technical milestone raises the possibility of an impending breakout.

Volume has increased significantly during the most recent push, suggesting that the rally is supported by real participation rather than just low liquidity. With an RSI of 66, the market is getting close to overbought but still has some upside potential before showing signs of exhaustion.

SHIB’s next obstacle, which is located close to the 100 and 200 EMA levels and grouped around $0.0000125-$0.0000130, is the break above short-term resistance. Still, prudence is necessary. Even with the breakout, SHIB is still trading inside a larger descending structure, and unless higher highs are set, the long-term trend is still bearish.

If momentum is not maintained above $0.0000120, SHIB may retrace and return to support in the range of $0.0000114-$0.0000118. Recent on-chain data, indicating notable declines in exchange reserves — a bullish signal that lessens possible selling pressure — has also influenced market sentiment regarding Shiba Inu.

But as previous rallies have shown, SHIB is still susceptible to steep declines if buyers are unable to maintain pressure.

XRP breaking throughIn a single move, XRP broke through several resistance levels on the four-hour chart, putting on one of its best technical performances in weeks. The descending trendline that had restrained the token’s price action since mid-September was bypassed, along with the 20 EMA, 50 EMA, 100 EMA and 200 EMA. A wider recovery was made possible by this single decisive breakout, which broke through almost all of the short-term obstacles in its path.

With its current price around $2.95, XRP has essentially reset its technical outlook. The emphasis now moves to higher time frames, where the next significant obstacle is located between $3.00 and $3.05, since there are no significant obstacles remaining on shorter time frames. With momentum, XRP may move toward the larger descending channel resistance near $3.20 if bulls are able to secure a close above that zone.

This spike occurs at the beginning of Uptober, which is known for producing significant gains on the cryptocurrency market. With both Bitcoin and altcoins achieving above-average returns in previous cycles, October has frequently signaled the start of fourth-quarter rallies. The combination of XRP’s strong breakout and the seasonal effect raises the possibility that market sentiment is shifting in favor of additional upside.

Additionally, volume spikes on the breakout point to real market activity as opposed to a feeble short squeeze. With the four-hour chart’s RSI at 66, it is getting close to being overbought, but not yet overheated, allowing for further short-term momentum.

XRP is now poised for a possible trend reversal after overcoming weeks of consolidation. In keeping with October's bullish undertones, the asset’s renewed strength is demonstrated by a clean break of five resistances in a single move. XRP might be about to embark on its next phase of recovery if Uptober goes as history predicts.
2025-10-02 01:26 7mo ago
2025-10-01 20:30 7mo ago
Ripple CTO Steps Back With XRPL Vision Intact and XRP Community Ties Unbroken cryptonews
XRP
Ripple's leadership evolution is reinforcing long-term confidence as David Schwartz transitions from CTO to board member, ensuring XRP innovation, stability, and strategic continuity remain firmly in focus.
2025-10-02 01:26 7mo ago
2025-10-01 20:31 7mo ago
Pi Network arms its testnet with a DEX and AMM for DeFi innovation cryptonews
PI
Pi Network arms its testnet with a DEX and AMM for DeFi innovation Oluwapelumi Adejumo · 53 seconds ago · 1 min read

Pi Network's testnet update opens new opportunities for structured DeFi education and innovation.

Oct. 2, 2025 at 1:30 am UTC

1 min read

Updated: Oct. 2, 2025 at 1:18 am UTC

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

Pi Network has rolled out two new capabilities on its testnet, including a decentralized exchange (DEX) and an automated market maker (AMM), according to a Sept. 30 statement.

These additions create a sandbox for token swaps, liquidity pools, and other DeFi experiments without putting the mainnet at risk. The update arrives as the Pi Coin faces significant market challenges since its launch earlier in the year.

According to CryptoSlate’s data, the token recently dropped to an all-time low of $0.2234 at the end of September but has since recovered modestly to $0.27 as of press time.

Boosting PI’s ecosystemFor Pi’s DEX and AMM to operate, token creation is essential. According to the project’s team, developers on the network can now mint test tokens directly on the Testnet, though Mainnet creation will remain restricted until formal guidelines are published.

The Pi Core Team noted that future rules will align with ecosystem goals, ensuring token issuance supports real-world applications, reasonable supply plans, and long-term sustainability. Fan emphasized the importance of building utility-driven products rather than speculative tokens during TOKEN2049.

That distinction matters. While memecoins have demonstrated how online communities can rally around digital assets, they often lack meaningful use cases, which limits their durability. Pi Network is taking the opposite approach by focusing on tokens that power apps, services, and community participation rather than short-lived hype.

Meanwhile, the network developers can integrate these features with Pi App Studio, Pi Wallet, and Pi KYC, which verifies user authenticity to ensure fair distribution. wwww

Additionally, these testnet tools also strengthen Pi’s broader Web3 vision by opening pathways for developers and users to learn DeFi in a structured, utility-focused way.

Pi concluded that it aims to build a more resilient ecosystem by fostering financial literacy and gradual onboarding while enhancing transparency and decentralization.
2025-10-02 01:26 7mo ago
2025-10-01 20:39 7mo ago
Avalanche Foundation-backed treasury firm to go public through $675 million merger deal, targeting $1 billion AVAX buy cryptonews
AVAX
Institutional investors gain discounted access to AVAX and active treasury management as public debut targets enhanced token utility.

Key Takeaways

Avalanche Treasury Co. (AVAT) will merge with Mountain Lake to create a public vehicle for AVAX exposure.
AVAT offers institutional investors discounted access to AVAX and aims to accumulate over $1 billion in AVAX assets after going public.

Avalanche Treasury Co. (AVAT), a dedicated digital asset treasury company designed to strengthen the Avalanche ecosystem, is set to go public through a merger deal with Mountain Lake Acquisition Corp. (MLAC) valued at over $675 million, according to a Wednesday statement.

The transaction includes approximately $460 million in treasury assets post–private placement financing and aims to create a leading public vehicle for AVAX exposure. The combined company is expected to debut on Nasdaq in Q1 2026, pending approvals.

Operating in close partnership with the Avalanche Foundation, AVAT is launching with an initial AVAX token purchase at a discounted market price and will have an 18-month priority on Avalanche Foundation sales to US digital asset treasury companies.

The structure delivers exposure at a 0.77x NAV multiple, giving investors a 23% cheaper entry point than direct AVAX or ETF alternatives.

“Many institutions have difficulty accessing digital assets or are limited to holding native tokens without yield or ecosystem integration. We created Avalanche Treasury Co. to offer something we believe will be more valuable than passive exposure,” said AVAT CEO Bart Smith.

The company aims to accumulate more than $1 billion worth of AVAX after going public. Ava Labs founder Emin Gün Sirer will serve as strategic advisor, while Chief Business Officer John Nahas will join the public company’s board.

“We are very pleased to welcome AVAT to the Avalanche ecosystem,” said Emin Gün Sirer. “I’m honored to support them as an advisor. Their participation reflects the growing sophistication and momentum shaping Avalanche’s future.”

According to Paul Grinberg, Chairman & CEO of MLAC, the transaction reflects confidence in AVAT’s ability to execute at scale through an experienced team and advisory group.

“Avalanche’s architecture addresses real enterprise needs in ways other protocols simply don’t,” Grinberg stated. “What attracted us to this transaction is AVAT’s operational mandate and building a treasury that actively drives token utility and adoption, not just buying and holding.”

The transaction attracted investment from major institutions, including Dragonfly, ParaFi Capital, VanEck, FalconX, Galaxy Digital, Pantera Capital, CoinFund, IMC, Kraken, and others. FalconX will provide execution and credit services, while Monarq will serve as an asset manager for AVAT.

Disclaimer
2025-10-02 01:26 7mo ago
2025-10-01 20:52 7mo ago
XRPL to Drive Japan's New Token and NFT Platform by 2026 cryptonews
XRP
Japan is taking a significant step forward in blockchain adoption, and the XRP Ledger (XRPL) is poised to play a central role. A new agreement between SBI Ripple Asia and Tobu Top Tours, a major travel group, is laying the foundation for a platform that integrates tokens with NFTs, extending blockchain technology far beyond digital art.
2025-10-02 01:26 7mo ago
2025-10-01 21:00 7mo ago
SK Planet to buy MOCA Coin for integration of Moca Network's decentralized identity system cryptonews
MOCA
South Korea’s SK Planet, part of SK Group, has announced plans to purchase MOCA Coin (MOCA) on the open market as it adopts Moca Network’s decentralized identity (DID) infrastructure. 

The initiative will introduce zero-knowledge proof technology and decentralized identity verification across SK Planet’s ecosystem, which serves 28 million users and 95,000 merchant partners.

Enterprise-scale decentralized identity
Moca Network, a project by Animoca Brands, is building a chain-agnostic identity layer designed to give users ownership of their data while ensuring interoperability across platforms. 

By integrating AIR Account and AIR Identity, SK Planet aims to allow merchants to verify user information with explicit consent, while ensuring that private data remains under user control.

“Partnering with Moca Network enables SK Planet to bring decentralized identity and privacy-preserving verification to our millions of customers and merchant partners,” said Kyosu Kim, chief business officer at SK Planet. “By leveraging AIR Kit and AIR Wallet, we can expand the benefits of OKI Club and reward our users with MOCA Coin while giving them greater control over their data. This is a strategic step forward in aligning with global standards for user privacy and digital identity.”

Kenneth Shek, project lead of Moca Network, added: 

“SK Planet’s purchase of MOCA Coin as well as its integration of AIR Kit infrastructure and adoption of zero-knowledge proofs mark an important milestone in returning data ownership to users at an enterprise scale.”

The partnership builds on the February 2025 launch of SK Planet’s OKI Club, which integrated AIR Wallet to let users earn and manage rewards. The company now plans to extend these capabilities with AIR Identity, enabling users to verify credentials and access rewards across multiple platforms, with features including token swaps and staking.

Featured image via Shutterstock. 
2025-10-02 01:26 7mo ago
2025-10-01 21:00 7mo ago
Alpaca rolls out network enabling direct tokenization of US stocks cryptonews
ALPACA
US broker-dealer Alpaca has launched an Instant Tokenization Network (ITN) that allows institutions to mint and redeem tokenized US stocks directly, a move that could help boost onchain liquidity in a segment of the tokenization market still constrained by structural barriers.

The ITN enables institutions to tokenize portfolios with a single API call and redeem tokens in-kind for the underlying shares without settlement delays, Alpaca disclosed Wednesday. The service operates beyond traditional market hours, offering 24/7 access. 

By allowing in-kind redemptions — directly exchanging tokens for their underlying assets rather than settling in cash first — the network aims to make tokenized stocks more liquid and efficient.

Alpaca said the feature builds on the US Securities and Exchange Commission’s (SEC) recent efforts to address similar inefficiencies in the crypto exchange-traded product (ETP) market, notably through its approval of in-kind creation and redemption for spot Bitcoin (BTC) and Ether (ETH) ETFs.

The ITN is available to US-regulated financial institutions, Alpaca told Cointelegraph.

The tokenized stock market is currently valued at more than $700 million. Source: RWA.xyz“ITN’s process is best understood as a single API that enables two functions,” Arush Sehgal, Alpaca’s head of crypto, told Cointelegraph. 

“The first is the journaling of securities to and from brokerage accounts. This applies to US-regulated financial institutions,” he said. “The second is delivery of tokens by the issuer to their Authorized Participant, which is typically a non-US entity affiliated with the US institution that initiated the journaling of shares in step one.”

Alpaca has provided underlying infrastructure for recent tokenization initiatives, including Ondo Finance’s platform for tokenizing stocks and ETFs and xStocks’ platform for tokenized equities.

Wall Street, SEC converge on tokenizationThe tokenization of real-world assets has emerged as one of the most prominent blockchain investment trends of 2025, with more than $31 billion in assets now represented onchain, according to industry data. 

In the United States, the movement is gaining traction with support from regulators: SEC Chair Paul Atkins described tokenization as an “innovation” in remarks delivered in July.

After US Treasury bonds and private credit led the early wave of tokenization, tokenized stocks appear to be the next frontier.

“There’s no doubt it has a big effect on TradFi,” said Rob Hadick, general partner at crypto venture capital firm Dragonfly, speaking with Cointelegraph at the TOKEN2049 conference in Singapore. He noted that traditional finance is increasingly drawn to features such as 24/7 trading.

Rob Hadick speaking to Cointelegraph on the sidelines of the TOKEN 2049 conference. Source: Andrew Fenton/CointelegraphHowever, Hadick cautioned that institutional players are wary of sharing blockchain infrastructure with retail-focused projects.

“They want to be able to control things like privacy [and] who the validator set is, they want to be able to control what is happening in their execution environment,” he said.

The shift comes amid reports that the SEC is considering a framework that could allow traditional equities to trade on blockchain networks in a manner similar to cryptocurrencies.

Magazine: Robinhood’s tokenized stocks have stirred up a legal hornet’s nest
2025-10-02 01:26 7mo ago
2025-10-01 21:00 7mo ago
Fast And Furious: XRP's Next Rally Predicted To Shock Markets cryptonews
XRP
According to social posts and on-chain trackers, XRP appears poised for a sharp move that could leave little time for slow decisions. Trader Altcoin Gordon cautioned that XRP’s upcoming move might unfold quickly and with force, telling traders to be ready before it takes off.

Price has been stuck below $3 for weeks, and September produced no clear upward momentum, leaving traders on edge as regulators and markets add to uncertainty.

Trader Warning Spurs Urgency
Short-term charts show XRP compressing after a slide that began in July when the token crossed $3.60. Based on reports, Gordon’s shared chart points to prices tightening toward a breakout point.

Compression like this stores volatility. It does not promise an uptrend, but when a move comes it can be abrupt. Some traders see that as an opportunity; others see a risk of chasing a quick spike.

Mark my words, the next leg up for $XRP will be fast and aggressive.

You’re either positioned BEFORE it happens, or begin for an entry once it does.

Connect the dots or stay broke. pic.twitter.com/QCCFxyJe4P

— Gordon (@AltcoinGordon) September 29, 2025

Compression And Historical Runs
Reports have disclosed that research groups, including Sistine Research, say this is the third major compression since the last US election cycle.

Past compressions have been followed by big moves. In late 2024, XRP rose from $0.50 to above $3.40 within weeks — a rapid jump that surprised many.

Analysts now point to a range of possible outcomes, with targets that span from $8 to as much as $33 on extreme scenarios based on extensions and past cycle math. Those top-end figures are outliers and should be treated with caution.

XRPUSD now trading at $2.94. Chart: TradingView
On-Chain Flows
On-chain data from Santiment shows large wallets holding between 10 million and 100 million XRP added over $300 million in three days.

Those wallets now hold close to 8 billion XRP, levels last seen in August before earlier rallies. Such accumulation can be bullish, though it can also set up fast squeezes that benefit early sellers.

Momentum, ETFs And Market Sentiment
Meanwhile, market chatter has been shaped by hopes around potential XRP-based ETFs, with a key US decision expected in October. If approvals arrive, funds could flow in quickly.

If regulators delay or deny listings, sentiment could reverse. At the same time, broader crypto strength in Bitcoin and Ethereum has helped lift appetite for large-cap altcoins, and derivatives data shows rising futures volume and open interest around XRP.

XRP Price Action
XRP climbed to $2.94 today, up 3.30% as ETF hopes and technical setups drew attention. The $3.00 mark has become a near-term psychological target for some traders.

Whatever happens next, the market looks set for higher volatility. Investors will need both timing and discipline to navigate whichever direction the next move takes.

Featured image from Meta, chart from TradingView
2025-10-02 01:26 7mo ago
2025-10-01 21:00 7mo ago
Bullish to Offer Bitcoin Options Trading With Top-Tier Consortium of Trading Partners cryptonews
BTC
The new offering comes as there is an increasing demand for hedging instruments across the full spectrum of crypto products. Oct 2, 2025, 1:00 a.m.

Bullish (BLSH), the NYSE-listed digital assets platform focused on institutional investors and parent company of CoinDesk, will tentatively launch crypto options trading from Oct. 8.

These bitcoin BTC$118,638.42 options will be margined and settled in the regulated, dollar-pegged stablecoin USDC, which boasts a market cap of $73.85 billion at press time, the second-largest in the stablecoin industry. Additionally, they will be European-style options with expiries ranging from three weeks to three months. The contract multiplier will be 1, meaning one contract represents one full BTC.

STORY CONTINUES BELOW

The exchange plans to list options tied to ether, as well as other single assets and multi-asset indices, such as the CoinDesk 20 and CoinDesk 5, in the future.

Bullish's decision to launch options is part of a broader industry trend marked by increasing demand for hedging instruments across the full spectrum of crypto products. This growing appetite is exemplified by the rising popularity of options tied to BlackRock's spot Bitcoin ETF, which now rivals Deribit's BTC options.

"Bullish is investing significantly in its institutional offering,” said Chris Tyrer, President of Bullish Exchange. “Our journey began with spot trading, expanded to include margin, then perpetual and dated futures, and now reaches a new milestone with the introduction of options."

He added that the new product aims to deliver a complete derivatives product suite with capital efficiency and risk mitigation, all accessible through a single, unified trading account.

Options are derivative contracts that grant the holder the right, but not the obligation, to buy or sell a specific asset, such as bitcoin or other cryptocurrencies, at a predetermined price within a set time frame. A call option gives the right to buy, representing a bullish bet on the market, while a put protects against potential price losses.

The special thing about options is that they facilitate three-dimensional trading, allowing traders to bet on the price direction, the degree of price volatility and leverage time to expiration. This multi-faceted nature enables traders to create synthetic positions by combining spot, futures, and options markets, allowing them to manage risk with more tailored and flexible strategies.

Consortium of day-one trading partnersBullish's new options have been designed in close collaboration with leading options market makers, technology providers, and brokers to ensure they are specifically tailored to meet the needs of institutional investors.

More importantly, from day one, these options will be supported by a range of confirmed industry heavyweights as trading partners, including Abraxas Capital Management, Ampersan, B2C2, BlockTech, Cumberland, FalconX, Fig Markets, Flow Traders, Galaxy Digital, Monarq Asset Management, Pulsar, SignalPlus, Wintermute, and Qube Research & Technologies.

“Galaxy is excited to support the next chapter of Bullish’s journey,” said Jason Urban, Global Head of Trading at Galaxy. “The addition of options to its product suite is a strong step forward – enhancing liquidity, deepening price discovery, and strengthening the overall maturity of the crypto derivatives market.”

Unified margin systemThe global crypto options market is valued at over $50 billion in notional open interest, with Deribit alone accounting for more than 80% of the activity. In other words, the exchange has a massive head start compared to the impending Bullish options contracts.

Still, Bullish's announcement stands out due to the platform's unified margin system, according to Tyrer.

"Bullish clients access all products via our unified account structure, allowing them to trade spot, perps, dated futures and now options with risk offsets and portfolio collateralization. This setup is designed for maximum capital efficiency, which is of paramount importance to our institutional client base," Chris Tyrer, President of Bullish Exchange, said.

On Deribit, Segregated Standard Margin is the default margin system, which means that standard margin, the initial margin and maintenance margin (MM) requirements are calculated separately for each position in the account. These requirements are then summed together to generate the total margin requirements for the account.

Lastly, Bullish already has vibrant futures and spot markets, which are often seen as a prerequisite for a successful options product.

Since its launch in November 2021, Bullish has surpassed $1.5 trillion in cumulative trading volume. This year, the platform has executed over $2 billion in average daily volume and ranks in the top ten exchanges by spot volume for bitcoin and ether.

The business is licensed by the New York State Department of Financial Services, German Federal Financial Supervisory Authority, Hong Kong Securities and Futures Commission, and the Gibraltar Financial Services Commission.

More For You

Sui Blockchain to Host Native Stablecoins Backed by Ethena and BlackRock's Tokenized Fund

2 hours ago

Digital asset treasury firm SUIG, the Sui Foundation and Ethena teamed up to create two proprietary stablecoins for the network.

What to know:

The Sui blockchain is set to introduce its first native stablecoins, USDi and suiUSDe, through a collaboration with digital asset treasury firm SUI Group, Ethena and the Sui Foundation.USDi will be backed by BlackRock’s tokenized money market fund BUIDL, while suiUSDe will be a synthetic dollar backed by digital assets and derivatives similarly to Ethena's $14 billion USDe token.The initiative aims to enhance liquidity and utility on the Sui blockchain, marking a shift towards proprietary stablecoins in the crypto ecosystem.Read full story
2025-10-02 01:26 7mo ago
2025-10-01 21:01 7mo ago
Coinbase app integrating 1inch API to enhance token swaps cryptonews
1INCH
Coinbase app integrating 1inch API to enhance token swapsDeFi
• October 1, 2025, 9:01PM EDT

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Quick Take
Coinbase app will integrate a 1inch swap API that will enhance non-custodial token swaps, the companies announced.
“The integration of the 1inch Swap API by Coinbase represents the DEX aggregator’s most significant U.S. client to date,” they said.
Coinbase's app will integrate a 1inch Swap API aimed at enhancing non-custodial token swaps, the companies said Wednesday.

"The integration of the 1inch Swap API by Coinbase represents the DEX aggregator’s most significant U.S. client to date," according to a statement.

Coinbase appears dedicated to growing decentralized exchange trading across its customer base. In August, the centralized exchange (CEX) said it was launching a DEX integration to give traders the ability to buy and sell "millions" of digital assets previously unavailable to users. The move came on the heels of Coinbase reporting a decline in spot trading volumes and revenue for the second quarter.

Teaming up with 1inch may help boost Coinbase's prospects as it seeks to grow its market footprint. 1inch is a DeFi ecosystem that has 25 million users and handles over $500 million in daily trades, according to the company.

"Together we’re enabling seamless access to DEXes within the Coinbase app," Coinbase's Head of Trading Scott Shapiro said.

In August, 1inch introduced native swaps between Solana and EVM networks, aiming to improve liquidity across ecosystems.

1inch co-founder Sergej Kunz said his company's "non-custodial swap products are the ideal solution for centralized players across both crypto and TradFi as they move to bring assets on-chain in a seamless and secure way."

Coinbase expanding into DeFi also folds into the exchange's plans to position itself as an "everything exchange" where users can trade tokenized stocks or bet on the outcomes of specific events via a prediction similar to Polymarket and Kalshi.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. 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.

AUTHOR RT Watson is a senior reporter at The Block who covers a wide array of topics including U.S.-based companies, blockchain gaming and NFTs. Formerly covered entertainment at The Wall Street Journal, where he wrote about Disney, Netflix, Warner Bros. and the creator economy while focusing primarily on technological disruption across media. Previous to that he covered corporate, economic and political news in Brazil while at Bloomberg. RT has interviewed a diverse cast of characters including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers and convicted criminals. Holds a master's degree in Digital Sociology. See More

WHO WE ARE The Block is a news provider that strives to be the first and final word on digital assets news, research, and data. +
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2025-10-02 00:26 7mo ago
2025-10-01 19:15 7mo ago
M/I Homes (MHO) Outperforms Broader Market: What You Need to Know stocknewsapi
MHO
M/I Homes (MHO - Free Report) ended the recent trading session at $147.22, demonstrating a +1.92% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.34%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.42%.

Heading into today, shares of the homebuilder had lost 1.55% over the past month, lagging the Construction sector's gain of 0.71% and the S&P 500's gain of 3.54%.

Analysts and investors alike will be keeping a close eye on the performance of M/I Homes in its upcoming earnings disclosure. The company's earnings report is set to go public on October 22, 2025. The company's earnings per share (EPS) are projected to be $4.37, reflecting a 14.31% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.12 billion, indicating a 2.27% decline compared to the corresponding quarter of the prior year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $17.25 per share and a revenue of $4.39 billion, signifying shifts of -12.48% and -2.57%, respectively, from the last year.

Investors might also notice recent changes to analyst estimates for M/I Homes. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. M/I Homes presently features a Zacks Rank of #3 (Hold).

Investors should also note M/I Homes's current valuation metrics, including its Forward P/E ratio of 8.37. Its industry sports an average Forward P/E of 11.82, so one might conclude that M/I Homes is trading at a discount comparatively.

The Building Products - Home Builders industry is part of the Construction sector. This industry currently has a Zacks Industry Rank of 234, which puts it in the bottom 6% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2025-10-02 00:26 7mo ago
2025-10-01 19:15 7mo ago
Kinsale Capital Group, Inc. (KNSL) Stock Drops Despite Market Gains: Important Facts to Note stocknewsapi
KNSL
Kinsale Capital Group, Inc. (KNSL - Free Report) closed the most recent trading day at $417.49, moving -1.83% from the previous trading session. This change lagged the S&P 500's daily gain of 0.34%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq increased by 0.42%.

Coming into today, shares of the company had lost 6.6% in the past month. In that same time, the Finance sector gained 1.52%, while the S&P 500 gained 3.54%.

Analysts and investors alike will be keeping a close eye on the performance of Kinsale Capital Group, Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at $4.66, signifying a 10.95% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $449.2 million, indicating a 7.45% increase compared to the same quarter of the previous year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $18.32 per share and a revenue of $1.8 billion, indicating changes of +14.07% and +13.42%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for Kinsale Capital Group, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Kinsale Capital Group, Inc. is currently sporting a Zacks Rank of #2 (Buy).

In terms of valuation, Kinsale Capital Group, Inc. is presently being traded at a Forward P/E ratio of 23.22. This expresses a premium compared to the average Forward P/E of 11.76 of its industry.

It's also important to note that KNSL currently trades at a PEG ratio of 1.56. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Insurance - Property and Casualty industry held an average PEG ratio of 2.57.

The Insurance - Property and Casualty industry is part of the Finance sector. This group has a Zacks Industry Rank of 30, putting it in the top 13% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2025-10-02 00:26 7mo ago
2025-10-01 19:15 7mo ago
Lucid Group (LCID) Laps the Stock Market: Here's Why stocknewsapi
LCID
Lucid Group (LCID - Free Report) ended the recent trading session at $24.30, demonstrating a +2.12% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.34%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.42%.

Heading into today, shares of the an electric vehicle automaker had gained 34.71% over the past month, outpacing the Auto-Tires-Trucks sector's gain of 18.23% and the S&P 500's gain of 3.54%.

The investment community will be closely monitoring the performance of Lucid Group in its forthcoming earnings report. The company is expected to report EPS of -$2.33, up 43.17% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $325.59 million, indicating a 62.76% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates project earnings of -$8.89 per share and a revenue of $1.26 billion, demonstrating changes of +28.88% and +55.98%, respectively, from the preceding year.

It is also important to note the recent changes to analyst estimates for Lucid Group. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 2.27% higher. Lucid Group presently features a Zacks Rank of #3 (Hold).

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 147, placing it within the bottom 41% of over 250 industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2025-10-02 00:26 7mo ago
2025-10-01 19:15 7mo ago
Ero Copper Corp. (ERO) Surpasses Market Returns: Some Facts Worth Knowing stocknewsapi
ERO
Ero Copper Corp. (ERO - Free Report) closed the most recent trading day at $20.65, moving +2.08% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.34%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.42%.

Shares of the company witnessed a gain of 36.6% over the previous month, beating the performance of the Basic Materials sector with its gain of 4.75%, and the S&P 500's gain of 3.54%.

The upcoming earnings release of Ero Copper Corp. will be of great interest to investors. It is anticipated that the company will report an EPS of $0.57, marking a 111.11% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $215.45 million, indicating a 72.64% growth compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $2 per share and revenue of $777.53 million, which would represent changes of +156.41% and +65.36%, respectively, from the prior year.

Any recent changes to analyst estimates for Ero Copper Corp. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.87% higher. Ero Copper Corp. presently features a Zacks Rank of #1 (Strong Buy).

Looking at valuation, Ero Copper Corp. is presently trading at a Forward P/E ratio of 10.12. For comparison, its industry has an average Forward P/E of 25.41, which means Ero Copper Corp. is trading at a discount to the group.

The Mining - Non Ferrous industry is part of the Basic Materials sector. Currently, this industry holds a Zacks Industry Rank of 50, positioning it in the top 21% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2025-10-02 00:26 7mo ago
2025-10-01 19:15 7mo ago
Copa Holdings (CPA) Stock Falls Amid Market Uptick: What Investors Need to Know stocknewsapi
CPA
Copa Holdings (CPA - Free Report) closed the most recent trading day at $117.59, moving -1.04% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.34% for the day. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.42%.

Coming into today, shares of the holding company for Panama's national airline had gained 2.19% in the past month. In that same time, the Transportation sector lost 0.18%, while the S&P 500 gained 3.54%.

The upcoming earnings release of Copa Holdings will be of great interest to investors. The company is forecasted to report an EPS of $4.04, showcasing a 15.43% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $916.67 million, up 7.25% from the year-ago period.

CPA's full-year Zacks Consensus Estimates are calling for earnings of $16.53 per share and revenue of $3.61 billion. These results would represent year-over-year changes of +13.53% and +4.73%, respectively.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Copa Holdings. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. As of now, Copa Holdings holds a Zacks Rank of #3 (Hold).

In the context of valuation, Copa Holdings is at present trading with a Forward P/E ratio of 7.19. This valuation marks a discount compared to its industry average Forward P/E of 10.11.

One should further note that CPA currently holds a PEG ratio of 1.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Transportation - Airline industry was having an average PEG ratio of 0.81.

The Transportation - Airline industry is part of the Transportation sector. This group has a Zacks Industry Rank of 81, putting it in the top 33% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2025-10-02 00:26 7mo ago
2025-10-01 19:15 7mo ago
Ouster, Inc. (OUST) Rises Higher Than Market: Key Facts stocknewsapi
OUST
Ouster, Inc. (OUST - Free Report) ended the recent trading session at $27.41, demonstrating a +1.33% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.34% for the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.42%.

Heading into today, shares of the company had lost 3.22% over the past month, lagging the Computer and Technology sector's gain of 8.07% and the S&P 500's gain of 3.54%.

The upcoming earnings release of Ouster, Inc. will be of great interest to investors. The company is expected to report EPS of -$0.43, up 20.37% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $36.75 million, up 30.88% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.58 per share and revenue of $144.25 million. These totals would mark changes of +24.04% and +29.84%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for Ouster, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Ouster, Inc. presently features a Zacks Rank of #2 (Buy).

The Electronics - Miscellaneous Components industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 31, putting it in the top 13% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
2025-10-02 00:26 7mo ago
2025-10-01 19:15 7mo ago
BlackRock (BLK) Stock Dips While Market Gains: Key Facts stocknewsapi
BLK
BlackRock (BLK - Free Report) ended the recent trading session at $1,141.07, demonstrating a -2.13% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.34%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.42%.

Shares of the investment firm have appreciated by 4.58% over the course of the past month, outperforming the Finance sector's gain of 1.52%, and the S&P 500's gain of 3.54%.

The investment community will be closely monitoring the performance of BlackRock in its forthcoming earnings report. The company is scheduled to release its earnings on October 14, 2025. The company is predicted to post an EPS of $11.78, indicating a 2.79% growth compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $6.26 billion, reflecting a 20.45% rise from the equivalent quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $47.57 per share and revenue of $23.47 billion, which would represent changes of +9.08% and +15.02%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for BlackRock. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.01% rise in the Zacks Consensus EPS estimate. BlackRock is currently a Zacks Rank #2 (Buy).

In terms of valuation, BlackRock is currently trading at a Forward P/E ratio of 24.51. This valuation marks a premium compared to its industry average Forward P/E of 12.07.

It's also important to note that BLK currently trades at a PEG ratio of 2.23. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Financial - Investment Management industry held an average PEG ratio of 1.26.

The Financial - Investment Management industry is part of the Finance sector. This group has a Zacks Industry Rank of 77, putting it in the top 32% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2025-10-02 00:26 7mo ago
2025-10-01 19:16 7mo ago
Humacyte, Inc. (HUMA) Outperforms Broader Market: What You Need to Know stocknewsapi
HUMA
In the latest trading session, Humacyte, Inc. (HUMA - Free Report) closed at $1.76, marking a +1.15% move from the previous day. This change outpaced the S&P 500's 0.34% gain on the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.42%.

The company's stock has climbed by 15.23% in the past month, exceeding the Medical sector's gain of 1.97% and the S&P 500's gain of 3.54%.

Investors will be eagerly watching for the performance of Humacyte, Inc. in its upcoming earnings disclosure. The company is forecasted to report an EPS of -$0.17, showcasing a 48.48% upward movement from the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.35 per share and revenue of $3.51 million. These totals would mark changes of +66.67% and 0%, respectively, from last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Humacyte, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Humacyte, Inc. is holding a Zacks Rank of #4 (Sell) right now.

The Medical - Biomedical and Genetics industry is part of the Medical sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2025-10-02 00:26 7mo ago
2025-10-01 19:16 7mo ago
Adecoagro (AGRO) Stock Dips While Market Gains: Key Facts stocknewsapi
AGRO
Adecoagro (AGRO - Free Report) closed the most recent trading day at $7.68, moving -2.04% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.34%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw an increase of 0.42%.

Shares of the producer of agricultural products and renewable energy witnessed a loss of 6.33% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 3.82%, and the S&P 500's gain of 3.54%.

The investment community will be closely monitoring the performance of Adecoagro in its forthcoming earnings report.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.4 per share and a revenue of $1.35 billion, indicating changes of -80.2% and -11.27%, respectively, from the former year.

Investors might also notice recent changes to analyst estimates for Adecoagro. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Currently, Adecoagro is carrying a Zacks Rank of #4 (Sell).

Investors should also note Adecoagro's current valuation metrics, including its Forward P/E ratio of 19.85. This valuation marks a premium compared to its industry average Forward P/E of 15.07.

The Agriculture - Operations industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 163, putting it in the bottom 35% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2025-10-02 00:26 7mo ago
2025-10-01 19:20 7mo ago
GBank Financial Holdings Inc. is Pleased To Share the Press Release of BoltBetz stocknewsapi
GBFH
October 01, 2025 19:20 ET

 | Source:

GBank Financial Holdings Inc.

LAS VEGAS, Oct. 01, 2025 (GLOBE NEWSWIRE) -- GBank Financial Holdings Inc. (the "Company"), the parent company of GBank, is pleased to share the press release of its strategic partner, BoltBetz. BoltBetz announced today that legendary world champion and global icon Mike Tyson has joined the company as both a strategic investor and promotional partner.

The full press release from BoltBetz can be found here:

Mike Tyson Joins BoltBetz as Strategic Investor and Promotional Partner to Usher in a New Era of Cashless Gaming

About GBank Financial Holdings Inc.

GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada and is listed on the Nasdaq Capital Market under the symbol “GBFH.” Our national payment and Gaming FinTech business lines serve gaming clients across the U.S. and feature the GBank Visa Signature® Card—a tailored product for the gaming and sports entertainment markets. The Bank is also a top national SBA lender, now operating across 40 states. Through our wholly owned bank subsidiary, GBank, we operate two full-service commercial branches in Las Vegas, Nevada to provide a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in Nevada, California, Utah, and Arizona. Please visit www.gbankfinancialholdings.com for more information.

Available Information

The Company routinely posts important information for investors on its web site (under www.gbankfinancialholdings.com and, more specifically, under the News & Media tab at www.gbankfinancialholdings.com/press-releases). The Company intends to use its web site as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD (Fair Disclosure) promulgated by the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, investors should monitor the Company’s web site, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.

The information contained on, or that may be accessed through, the Company’s web site is not incorporated by reference into, and is not a part of, this document.

For Further Information, Contact:

GBank Financial Holdings Inc.
Edward Nigro
Executive Chairman
702-851-4200
[email protected]

Source: GBank Financial Holdings Inc.
2025-10-02 00:26 7mo ago
2025-10-01 19:20 7mo ago
Kobrea to Close on $8.5 Million Private Placement stocknewsapi
KBXFF
October 01, 2025 7:20 PM EDT | Source: Kobrea Exploration Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Kobrea Exploration Corp. (CSE: KBX) (FSE: F3I) (OTCQB: KBXFF) ("Kobrea" or the "Company") is pleased to announce that, further to its news releases dated September 17, 2025 and September 23, 2025, it expects to close its previously announced best efforts private placement (the "Brokered Offering") and concurrent non-brokered private placement (the "Non-Brokered Offering" and, together with the Brokered Offering, the "Offering") on October 3, 2025 for aggregate gross proceeds to the Company of $8,500,000.

The Brokered Offering will consist of the issuance and sale of 7,753,000 Units at a price of $0.50 per Unit for gross proceeds of $3,876,500, and the Non-Brokered Offering will consist of 9,247,000 Units at a price of $0.50 per Unit offered for gross proceeds of $4,623,500, for aggregate gross proceeds to the Company of $8,500,000.

An amended offering document dated October 1, 2025 related to the Offering can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.kobreaexploration.com. Prospective investors should read this offering document before making an investment decision.

The securities have not been and will not be registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the "United States" (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable U.S. state securities laws or an exemption from such registration is available. 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 any jurisdiction in which such offer, solicitation or sale would be unlawful.

The closing of the Offering is subject to the Company receiving all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.

About Kobrea

Kobrea Exploration Corp. is a mineral exploration and development company focused on the acquisition and exploration of base metal projects. Kobrea holds the right to earn a 100% interest in 7 projects totaling 733 km2 in southwestern Mendoza Province, Argentina (see the Company's August 19, 2024 news release for details). The properties are considered highly prospective for porphyry copper and porphyry copper-gold deposits. Numerous porphyry copper targets have been outlined to date exhibiting multi-kilometre hydrothermal alteration footprints, anomalous copper ± gold ± molybdenum geochemistry, quartz stockwork veining, localized hydrothermal breccias and Pliocene to Miocene aged granodioritic to dioritic porphyry intrusions. Kobrea also holds a 100% interest in the Upland Copper Project in British Columbia, Canada.

For more information, please consult the Company's filings, available at www.sedarplus.ca.

ON BEHALF OF THE BOARD OF DIRECTORS,

Per: "James Hedalen"
James Hedalen
CEO & Director

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company, and the implications of results from recent magnetometry analysis at the Property. These forward-looking statements generally are identified by words such as "believe," "project," "aim," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," and similar expressions and in this news release include statements respecting: the Offering and the expected timing and use of proceeds therefrom and the receipt of all necessary approvals in respect of the Offering. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268828
2025-10-02 00:26 7mo ago
2025-10-01 19:21 7mo ago
ROSEN, NATIONALLY REGARDED INVESTOR RIGHTS COUNSEL, Encourages Quantum Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - QMCO stocknewsapi
QMCO
NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Quantum Corporation (NASDAQ: QMCO) between November 15, 2024 and August 18, 2025, inclusive (the “Class Period”), of the important November 3, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Quantum Corporation securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Quantum Corporation class action, go to https://rosenlegal.com/submit-form/?case_id=43932 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025; (2) as a result, Quantum Corporation would need to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Quantum Corporation class action, go to https://rosenlegal.com/submit-form/?case_id=43932 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
2025-10-02 00:26 7mo ago
2025-10-01 19:31 7mo ago
SoundHound AI Stock Jumped 23.5% in September -- for All the Wrong Reasons stocknewsapi
SOUN
SoundHound AI stock gained 23.5% last month despite mixed reactions to company news. Is it time to jump aboard this AI bandwagon?

Shares of SoundHound AI (SOUN 0.31%) rose 23.5% in September 2025, according to data from S&P Global Market Intelligence. It wasn't a smooth ride for the artificial intelligence (AI) expert, with several big jumps and a couple of painful drops along the way -- but it's hard to complain about a monthly gain of more than 20%.

The meme stock crowd is back in action
Unfortunately, it looks like SoundHound AI is sliding back into the meme stock phenomenon again.

The big swings in September's stock chart seem more closely correlated to online discussion volumes than to broader stock market trends -- and the spikes didn't really line up with SoundHound AI's handful of business-related announcements. It's an "all talk and no action" sort of thing.

I mean, the company isn't sitting on its hands. Its business moves just aren't inspiring bullish price moves. Social media posts are doing more of that work.

Let's look at the three press releases SoundHound AI shared last month:

On Sept. 4, the company released a custom AI agent for Primary Health Solutions, a regional healthcare network near Cincinnati and Dayton, Ohio. The Denise agent delivers quick answers to common questions, online or over the phone. SoundHound AI's stock rose 7% that day -- not too shabby!

Sept. 9 saw a 5.4% stock price drop as SoundHound AI acquired Interactions, an agentic AI specialist. This deal should boost the company's operating profits from the get-go and expand its market reach into new sectors such as retail management and insurance. For what it's worth, the S&P 500 (^GSPC 0.34%) index rose 0.3% the same day.

Finally, Red Lobster ordered a systemwide SoundHound AI solution for its phone ordering services on Sept. 23. This announcement should have started a victory march at SoundHound AI's headquarters, but the stock didn't move at all on the news. Instead, a 13% price drop followed over the next two market days. The S&P 500 held steady across this period.

The market reaction on Sept. 4 made sense, but I see the opposite effect around the (arguably more significant) announcements that followed.

Image source: Getty Images.

Great company, but the stock valuation is getting silly again
The meme stock action kind of makes sense. I understand that investors are getting excited about SoundHound AI's high-quality voice controls and related AI tools. I'm convinced that the company has a bright future, and the shares I've been holding since the spring of 2024 should serve me well in the long run.

But the recent market action is too optimistic. People are jumping to conclusions, long before SoundHound AI gets a chance to prove its actual market value. On Oct. 1, the stock is up 238% over the last year and 424% in three years. It's also trading at the nosebleed-inducing valuation of 50 times trailing sales. Profit-based metrics don't make sense, because the company is deeply unprofitable so far.

So I'm holding on to my existing SoundHound AI shares for the long haul, but I'm not tempted to buy any more at these lofty prices. Check again when this meme-stock rally fades out. It's too early to ask for stronger sales or positive profit margins.

Anders Bylund has positions in SoundHound AI. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2025-10-02 00:26 7mo ago
2025-10-01 19:33 7mo ago
Datavault AI: The New AI Contender Backed by Big Funding stocknewsapi
DVLT
Datavault AI Today

$1.36 +0.27 (+24.77%)

As of 04:00 PM Eastern

52-Week Range$0.25▼

$2.68Price Target$7.00

A quiet corner of the tech market has suddenly become the center of attention. Shares of Datavault AI NASDAQ: DVLT, an artificial intelligence (AI) and data monetization company, have skyrocketed over 300% in the last 30 days, placing the stock on trending lists and capturing the interest of growth-focused investors.

For many, a surge of this magnitude raises a critical question: Is this a sustainable breakout or just a temporary, hype-driven rally? A closer look at the events driving this move reveals a rally built on a solid foundation. The company has recently secured a substantial capital infusion and a strategic technology partnership with a major industry player, signaling a significant shift in its operational and investment profile.

Get Datavault AI alerts:

A Nine-Figure Deal Fortifies the Balance Sheet
For any small-cap technology company, securing adequate funding is a primary challenge. In late September 2025, Datavault AI announced a strategic investment agreement with Scilex Holding Company NASDAQ: SCLX for $150 million. This deal effectively addresses one of the most significant risks for investors in this space: the constant threat of cash burn and the potential for future stock offerings that can dilute the value of existing shares.

The investment, notably executed in Bitcoin, is structured in two parts. An initial tranche of approximately $8 million has already closed, with the remainder subject to shareholder approval. This capital is to be used for operations and serves as growth fuel earmarked for specific, high-potential projects. To put this into perspective, Datavault AI reported revenue of $1.74 million in the second quarter of 2025. This nine-figure investment represents a monumental increase in the resources at its disposal. According to the company, the funds will be used to:

Build out a proprietary supercomputer infrastructure.
Expand its independent data exchanges, with a strategic focus on the valuable biotech sector.

For investors, this infusion provides a long operational runway, allowing Datavault AI to execute its ambitious growth plans from a position of financial strength rather than necessity.

A Blue-Chip Seal of Approval
Days after securing its financial future, Datavault AI announced a move that provided an endorsement of its core technology. The company announced a multi-million-dollar resource commitment from International Business Machines NYSE: IBM, a global leader in artificial intelligence. This partnership is a signal of deep validation from one of the most respected names in the tech industry, targeting a generative AI market that analysts project could add up to $4.4 trillion in annual economic value.

The commitment includes an estimated $5 million worth of professional services, providing Datavault AI with access to 20,000 hours of expertise from IBM's elite solution architects and AI engineers. This collaboration is designed to accelerate Datavault AI’s product roadmap by integrating its platform with IBM's respected watsonx.ai and watsonx.governance technologies. For a small company, this kind of third-party validation is invaluable. It suggests that after extensive due diligence, IBM sees significant potential in Datavault AI’s technology. This external seal of approval dramatically reduces the perceived technology risk for investors and elevates the company's credibility in a competitive market.

Immediate Execution: From News to Action
A key question for investors following major company announcements is "What's next?" Datavault AI provided a swift and tangible answer. On October 1, the company demonstrated its ability to immediately leverage its newfound momentum by signing a Memorandum of Understanding with Korea Aerospace University (KAU).

This strategic move leverages the company's patented VerifyU™ platform to enter the high-value aerospace sector. The partnership aims to pioneer digital credentialing for the industry, beginning with a pilot identity verification initiative in Korea. This development serves as immediate, tangible proof that the company's leadership is effectively converting its recent strategic wins into actionable business development. For investors, it is a key indicator of effective management, showing that the company is already unlocking new, global revenue opportunities.

Reassessing Valuation and What Lies Ahead
Datavault AI Stock Forecast Today12-Month Stock Price Forecast:
$7.00
414.71% Upside

Strong Buy
Based on 2 Analyst Ratings

Current Price$1.36High Forecast$11.00Average Forecast$7.00Low Forecast$3.00Datavault AI Stock Forecast Details

With these catalysts in place, Wall Street is taking notice. Analysts have assigned a consensus Strong Buy rating to the stock, with an average 12-month price target of $7.00. Set against a current market capitalization of approximately $233 million, this target implies substantial upside potential if the company executes its newly funded initiatives.

One notable metric is the stock's short interest, which stood at over 20% of the public float as of mid-September. While this indicates a portion of the market remains skeptical, it also introduces the potential for a short squeeze. If Datavault AI continues to deliver on its plans, traders who bet against the stock may be forced to buy shares to cover their positions, a dynamic that can amplify upward price movement.

Taken together, the recent events represent a fundamental inflection point. Datavault AI has successfully secured its financial future, gained a powerful technology endorsement from an industry leader, and demonstrated its ability to execute on its growth strategy. For investors, this combination of a fortified balance sheet, validated technology, and proven momentum has fundamentally improved the company's risk profile, making it a compelling name to watch in the evolving AI landscape.

Should You Invest $1,000 in Datavault AI Right Now?Before you consider Datavault AI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Datavault AI wasn't on the list.

While Datavault AI currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

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2025-10-02 00:26 7mo ago
2025-10-01 19:39 7mo ago
Molina Healthcare: Resilient Growth At A Value Multiple Amid Medicaid Headwinds stocknewsapi
MOH
Analyst’s Disclosure:I/we have a beneficial long position in the shares of MOH 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.
2025-10-02 00:26 7mo ago
2025-10-01 19:45 7mo ago
Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of September 30, 2025, for TYG and TEAF stocknewsapi
TEAF TYG
Tortoise Capital today announced the following unaudited balance sheet information and asset coverage ratio updates for closed-end funds TYG and TEAF. OVERLAND PARK, KS / ACCESS Newswire / October 1, 2025 / Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of September 30, 2025, the company's unaudited total assets were approximately $1.1 billion and its unaudited net asset value was $810.3 million, or $47.01 per share.
2025-10-02 00:26 7mo ago
2025-10-01 19:46 7mo ago
Government Shutdown, Government Shmutdown stocknewsapi
ADP NVDA PFE TSLA
Market indexes were ultimately unbothered by this latest federal government shutdown today, to say nothing of the negative private-sector payroll report this morning.
2025-10-02 00:26 7mo ago
2025-10-01 19:47 7mo ago
Shareholder Alert: Shamis & Gentile, P.A. Issues Corrected Notice to Clarify Deadline To Seek Appointment As Lead Plaintiff In Securities Class Action Against Charter Communications, Inc. (Nasdaq:CHTR) stocknewsapi
CHTR
MIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Shamis & Gentile, P.A, (“Shamis & Gentile”) issues this corrected notice to clarify the deadline to seek appointment as Lead Plaintiff in the securities class action lawsuit Shamis & Gentile filed against Charter Communications, Inc. (“Charter” or the “Company”) (Nasdaq:CHTR) and certain of its officers and/or directors (collectively, “Defendants”). The original notice issued on August 15, 2025 inadvertently stated that the deadline to seek appointment as Lead Plaintiff is October 13, 2025. The correct deadline to seek appointment as Lead Plaintiff is October 14, 2025.

The class action, captioned Sandoval v. Communications, Inc. et al., Case No. 1:25-cv-06747, filed in the United States District Court, Southern District of New York, is on behalf of all persons who purchased or otherwise acquired Charter common stock, purchased call options on Charter common stock, or sold put options on Charter common stock, between July 26, 2024 and July 24, 2025, inclusive (the “Class Period”), and were damaged thereby (the “Class”). The class action is brought under Sections 10(b) and 20(a) of the Securities Exchange Act, 15 U.S.C. Sections 78j(b) and 78t(a); and SEC Rule 10b-5 promulgated thereunder by the SEC, 17 C.F.R. Section 240.10b-5.

If you are an investor who purchased or otherwise acquired Charter common stock, and/or traded the relevant Charter options, during the Class Period, you have until October 14, 2025 to ask the Court to appoint you as Lead Plaintiff for the Class. For more information go to:

Charter Securities Fraud Class Action

Impacted investors may also contact attorney David Abel at [email protected] or (305) 479-2299. There is no cost or obligation to you.

Charter is a leading broadband connectivity company and cable operator. The Company operates in 41 states with services available to more than 57 million homes and businesses.

The class action complaint alleges Defendants failed to disclose material adverse facts about the Company’s business, operations, and outlook. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the impact of the Federal Communications Commission’s (“FCC”) Affordable Connectivity Program ("ACP") end was a material event the Company was unable to manage or promptly move beyond; (ii) the ACP end was having a sustaining impact on Internet customer declines and revenue; (iii) neither was the Company executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (iv) the Internet customer declines and broader failure of Charter’s execution strategy created much greater risks on business plans and earnings growth than reported; (v) accordingly, the Company had no reasonable basis to state the Company was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long term trajectory of the Company and EBITDA growth; and (vi) as a result of the foregoing, Defendants materially misled with, and/or lacked a reasonable basis for, their positive statements about the Company’s business, operations, outlook during the Class Period.

On July 25, 2025, Charter issued a press release announcing second quarter 2025 financial results. The Company reported EBITDA of $5.7 billion, which suggested 0.5% growth year-over-year. However, analysts and investors quickly realized that the so-called growth was on account of a $45 million one-time benefit to “other revenue.” Had this event been excluded, EBITDA would have missed consensus estimates by 2.4% and shown a second quarter decline of 0.3% year-over-year.

At the same time, Charter reported total Internet customers decreased by 117,000 for the second quarter of 2025. The decline of Internet customers was nearly double from the 66,000 reported in the prior quarter. Internet customer declines had also increased year-over-year when compared to a loss of 99,000 customers reported in the second quarter of 2024.

These events caused Charter’s stock price to fall $70.25 per share, or 18.4%, to close at $309.75 per share on July 25, 2025.

If you suffered a loss in Charter stock or the relevant options, you have until October 14, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.

About Shamis & Gentile P.A.

Shamis & Gentile, P.A. stands out as an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. Shamis Gentile has recovered over $1 billon for consumers nationwide. Its extensive experience, expertise, and resources enable the firm to resolve disputes in a wide range of matters, including class actions, mass torts, and mass arbitrations.

Contact

David Abel
Shamis & Gentile, P.A.
14 NE 1st Ave, Ste 705
Miami, FL 33132
[email protected]
Tel: (305) 479-2299
www.ShamisGentile.com
2025-10-02 00:26 7mo ago
2025-10-01 19:50 7mo ago
Goldcliff Closes First Tranche of Financing stocknewsapi
GCFFF
VANCOUVER, BC / ACCESS Newswire / October 1, 2025 / Goldcliff Resource Corporation ("Goldcliff" or the "Company") (TSXV:GCN)(OTC PINK:GCFFF) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement ("Private Placement") consisting of (i) 1,100,000 units (each, a "NFT Unit") for gross proceeds of $49,500; and (ii) 2,300,000 flow-through shares (each, a "FT Share") for gross proceeds of $138,000. The securities issued under the Private Placement were offered to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions.
2025-10-02 00:26 7mo ago
2025-10-01 19:52 7mo ago
Oliveda International, Inc. (OLVI) and Olive Tree People Inc. Roll Out the Red Carpet for Ancient Olive Trees and 69,000 Waterless Beauty Pioneers in Downtown Los Angeles stocknewsapi
OLVI
SANTA MONICA, CA, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Beauty innovator Oliveda International, Inc. (OTCID: OLVI) and its Olive Tree People Inc. subsidiary will be rolling out the longest red carpet ever for ancient olive trees and 69,000 waterless beauty pioneers this weekend in downtown Los Angeles. The companies are creating a once-in-a-lifetime art installation in conjunction with the Million Dollar Theatre on South Broadway in downtown Los Angeles.

The fastest-growing waterless beauty company, Olive Tree People Inc., and the largest olive tree conservation organization are creating a once-in-a-lifetime art installation in downtown Los Angeles and are rolling out what is likely the longest red carpet in history for olive trees and its 69,000 waterless beauty pioneers.

With the kind permission of the City of Los Angeles, the entire stretch of South Broadway will be closed to allow for this very special event.

With this unique art installation featuring hundreds of ancient olive trees on South Broadway in downtown Los Angeles, Olive Tree People will give these magical trees a voice, even allowing their unique frequencies to be heard, creating a magical experience together with artist and two-time Grammy Award-winner, Colbie Caillat.

Founder and CEO Thomas Lommel, commented, "When we first made our olive trees and their frequencies available to everyone in 2015, I dreamed of holding such a concert in downtown LA.

“With this unique event at the Million Dollar Theatre, the oldest theater in Los Angeles and the world's only olive tree art installation, we want to honor the 7,000-year history of olive trees and celebrate our 69,000 waterless beauty pioneers who, in less than two years, have launched the waterless beauty movement in North America on its way to Europe and the rest of the world.

“Waterless beauty is much more than just the new clean beauty. It's where self-love begins and is, therefore, the fastest-growing sector in the entire global beauty industry with Olive Tree People as the pioneer and leading company. In recent months, under the umbrella of Olive Tree People, we have developed new, innovative, and truly unique products and brands, which we are presenting today to our 69,000 Waterless Beauty pioneers and will subsequently introduce to the rest of the world through our Waterless Beauty education program. All of these new products and brands are innovative and, therefore, unique worldwide, based on Waterless Beauty formulations and the unique active ingredient hydroxytyrosol.

“With these unique products and new brands, we expect to exceed our projected hypergrowth of 3000% in 2024 and 2025, and, I am convinced, multiply the value of our company many times over.  By early 2025, the company's value is projected to be well over one billion.”

About Oliveda International, Inc. 
Oliveda International, Inc. and its subsidiary, Olive Tree People Inc., as well as the European companies, Olive Tree People Europe AG and Oliveda Deutschland GmbH, as well as Olive Tree Farmers SL, were founded by the German real estate investor Thomas Lommel and have more than 20 years of experience in management and organic certification growing mountain olive trees, in the extraction of first-class, internationally award-winning extra virgin olive oils, the extraction of hydroxytyrosol, and in the production and distribution of cosmetic and holistic waterless products related to the olive tree. Lommel is the inventor of the Olive Tree Therapy 10 years in 14 days as well as the inventor of olive matcha, which is based on the ground olive leaf. Also unique is the coffee replacement developed by Lommel, which is based on olive leaf and hydroxytyrosol. In addition, Lommel is successfully active in the rapidly growing mindfulness industry with the olive tree sound bath meditation he developed and the frequencies of his olive trees, which he makes available worldwide.

In addition to the registered beauty brands, Oliveda and LA Dope, as well as OLIVE re:connected to Nature, The Intuition of Nature, and Olive Mush, to name just a few brands, Lommel is the region's largest conservationist and protector of over 30,000 one-hundred-year-old mountain olive trees, and, with his Thomas Lommel Foundation, he brings the water that he does not use into his waterless beauty products to the people of Africa by building water wells on site.

In addition to online sales and a Europe-wide branch network of thousands of retail stores, Oliveda Deutschland GmbH operates its own flagship stores in Berlin and Düsseldorf.

The brand's treatment concepts are unique worldwide, and their effectiveness has been confirmed by conventional medicine. Read our book The Olive Tree Therapy 10 Years in 14 Days. Waterless beauty has been called “The Next Big Thing” in articles in U.S. Vogue, Harper's Bazaar, InStyle, Elle, Madame, Forbes, and many other industry publications, as well as by Mintel, a world-leading futurology institute. Gigi Hadid and many other celebrities are already Oliveda fans and support its success.   Further information on Oliveda International, Inc. and its subsidiaries and associate companies and brands can be found at www.olivetreepeople.com

Forward-Looking Statements
This press release may contain statements, estimates or projections that constitute "forward-looking statements" pursuant to the safe harbor provisions of the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties, which may be found in the Company’s filings with OTC Markets Group Inc., that could cause actual results to differ materially from the Company's historical experience and present expectations or projections. Investors should not place undue reliance on forward-looking statements, which speak only as of the date they are made.  The Company expressly disclaims any obligation or intention to publicly update or revise any forward-looking statements unless otherwise required by law.
2025-10-02 00:26 7mo ago
2025-10-01 20:00 7mo ago
Semler Scientific, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies Semler Scientific, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit stocknewsapi
SMLR
NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP reminds Semler Scientific, Inc. (“Semler” or the “Company”) (NASDAQ:SMLR) investors of the October 28, 2025 deadline to seek the role of lead plaintiff in a pending federal securities class action.

If you purchased or otherwise acquired Semler Scientific securities, have information, or would like to learn more, please contact Thomas W. Elrod of Kirby McInerney LLP by email at [email protected], or fill out the form below, to discuss your rights or interests.

[CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Happened?

On February 28, 2025, Semler filed its Form 10-K with the SEC and therein, disclosed that the Company received an initial civil investigative demand from the U.S. Department of Justice in July 2017 regarding Semler’s claims for reimbursement related to the QuantaFlo device. Semler received subsequent requests for information in February 2019, December 2021, April 2022, and April 2023. In February 2025, Semler participated in settlement discussions with the DOJ, which were unsuccessful. The Company disclosed that “there is a risk that DOJ will file a complaint or complaint in intervention in a civil False Claims Act lawsuit seeking damages.” On this news, the price of Semler shares declined by $4.03 per share, or approximately 9.39%, from $42.92 per share on February 28, 2025 to close at $38.89 on March 3, 2025.

Then, on April 15, 2025, Semler revealed that it “reached agreement in principle on payment of $29.75 million to settle all claims (which amount excludes any potential relator counsel fees that may also be payable),” according to the complaint. On this news, the price of Semler shares declined by $3.40 per share, or approximately 9.9%, from $34.40 per share on April 15, 2025 to close at $31.00 on April 16, 2025.

What Is The Lawsuit About?

The lawsuit has been filed on behalf of investors who purchased securities during the period of March 10, 2021 through April 15, 2025, inclusive (“the Class Period”). The lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose a material investigation by the United States Department of Justice (the "DOJ") into violations of the False Claims Act, while discussing possible violations of the False Claims (and aggressive DOJ enforcement thereof) in hypothetical terms. When the true details entered the market, the lawsuit claims that investors suffered damages.

[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

Why Kirby McInerney LLP

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
2025-10-02 00:26 7mo ago
2025-10-01 20:00 7mo ago
HUTCHMED Highlights Clinical Data to be Presented at the ESMO Congress 2025 stocknewsapi
HCM
October 01, 2025 20:00 ET

 | Source:

HUTCHMED (China) Limited

HONG KONG and SHANGHAI and FLORHAM PARK, N.J., Oct. 02, 2025 (GLOBE NEWSWIRE) -- HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:​HCM; HKEX:​13) today announces that new and updated data from several studies of compounds discovered by HUTCHMED will be presented at the European Society for Medical Oncology (“ESMO”) Congress 2025, taking place on October 17-21, 2025 in Berlin, Germany.

Results from the FRUSICA-2 registration study of the fruquintinib and sintilimab combination as a second-line treatment for locally advanced or metastatic renal cell carcinoma will be presented in a Mini Oral session. Additionally, further analyses of the fruquintinib FRUSICA-1 study in endometrial cancer and the savolitinib SACHI and SAVANNAH studies in non-small cell lung cancer will be presented during the poster sessions.

Details of the presentations are as follows:

Abstract titlePresenter / Lead authorPresentation details
SPONSORED STUDIES  Fruquintinib (FRUQ) plus sintilimab (SIN) versus axitinib (AXI) or everolimus (EVE) monotherapy as 2L treatment in pts with locally advanced or metastatic renal cell carcinoma (RCC): results from phase 3 part of a randomized, open-label, active-controlled phase 2/3 study (FRUSICA-2)Zhenhua Liu
(Chengdu, China)2592MO
Mini Oral Session 1:
GU tumours, renal & urothelial
Friday, Oct 17, 2025
Karlsruhe Auditorium - Hall 5.2
16:00 - 17:30 CESTA Fruquintinib Expanded Access Program (EAP) to Provide Treatment for Patients With Metastatic Colorectal Cancer (mCRC)Stefan Kasper-Virchow 
(Essen, Germany)794P
Poster Session:
Colorectal cancerFruquintinib plus tislelizumab in microsatellite stable metastatic colorectal cancer: Results from a phase 1b/2 studyN. Arvind Dasari 
(Houston, USA)799P
Poster Session:
Colorectal cancerA novel artificial intelligence (AI) imaging biomarker of tumor vascularity and heterogeneity radiomics to predict survival benefit of fruquintinib vs placebo in metastatic colorectal cancer (mCRC)Sara Lonardi 
(Padua, Italy)804P
Poster Session:
Colorectal cancerSafety and tolerability of fruquintinib: Pooled analysis of three placebo-controlled studies in patients with metastatic colorectal cancerCathy Eng 
(Nashville, USA)811P
Poster Session:
Colorectal cancerAssociation between Metabolic Syndrome (MetS) and clinical outcomes of Fruquintinib plus Sintilimab in Previously Treated Advanced Endometrial Cancer (EMC) Patients with pMMR Status: results from FRUSICA-1 studyDanbo Wang
(Shenyang, China)1230eP
Poster Session:
Gynaecological CancerctDNA analysis in phase 3 SACHI trial: savolitinib (savo) plus osimertinib (osi) versus chemotherapy (chemo) in MET-amplified (METamp) advanced NSCLC after disease progression (PD) on EGFR tyrosine kinase inhibitor (TKI)Yongfeng Yu 
(Shanghai, China)1954P 
Poster Session:
NSCLC, metastaticSAVANNAH: Safety and tolerability of osimertinib (osi) + savolitinib (savo) in EGFRm advanced NSCLC with MET overexpression and/or amplification (OverExp/Amp) following disease progression on osiQuincy Siu-chung Chu 
(Edmonton, Canada)1955P 
Poster Session:
NSCLC, metastaticMET testing and treatment (tx) sequencing after progression on first line (1L) osimertinib (osi) in patients (pts) with EGFRm advanced NSCLC and acquired MET overexpression and/or amplification (OverExp/Amp): interim analysis of a global real world (rw) studyJulia Rotow
(Boston, USA)1956P 
Poster Session:
NSCLC, metastatic   INVESTIGATOR-INITIATED STUDIES  Fruquintinib plus sintilimab and SOX as conversion therapy for initially unresectable gastric/gastroesophageal junction adenocarcinoma (GC/GEJC): Updated surgical and survival results from the single-arm, phase 2 clinical trialFei Ma
(Zhengzhou, China)2159P 
Poster Session:
Oesophagogastric cancerFruquintinib alternating with bevacizumab plus capecitabine as maintenance therapy after first-line treatment in metastatic colorectal cancer (mCRC): A multicenter, open-label, Phase II StudyWangjun Liao
(Guangzhou, China)898eP
E-poster Session:
Colorectal cancerThe efficacy and safety of surufatinib combined with chemotherapy in the first-line treatment of advanced periampullary carcinoma: a single arm, prospective, exploratory clinical studyQianqian Wang
(Nanjing, China)929P
Poster Session:
Developmental therapeuticsSurufatinib-Based Late-Line Therapy Outcomes in Recurrent Metastatic NSCLC: Monotherapy and Vinorelbine Combination RegimensYanfang Zheng
(Guangzhou, China)1884P
Poster Session:
NSCLC, metastaticSurufatinib combined with Toripalimab, Pemetrexed, and Platinum in Advanced Non-Squamous Non-Small Cell Lung Cancer (nsg-NSCLC): Final Phase II Results from a Single-Center TrialWenfeng Fang/ Li Zhang
(Guangzhou, China)1887P
Poster Session:
NSCLC, metastaticEfficacy/safety and preliminary scRNA-seq results of surufatinib plus gemcitabine and nab-paclitaxel as neoadjuvant therapy in resectable and borderline resectable pancreatic cancerSong Gao/ Jihui Hao
(Tianjin, China)2236P
Poster Session:
Pancreatic cancerEfficacy and Safety of Surufatinib in Patients with Advanced Soft Tissue Sarcoma After Failure of Anthracycline Chemotherapy and Prior Effective Antiangiogenic Therapy: A Single-Arm, Prospective, Exploratory Phase II StudyXiaowei Zhang/ Zhiguo Luo
(Shanghai, China)2716P
Poster Session:
Sarcoma    About Fruquintinib

Fruquintinib is a selective oral inhibitor of all three vascular endothelial growth factor receptors (“VEGFR”) -1, -2 and -3. Fruquintinib is co-developed and co-commercialized in China by HUTCHMED and Eli Lilly and Company under the brand name ELUNATE®. Takeda holds the exclusive worldwide license to further develop, commercialize, and manufacture fruquintinib outside mainland China, Hong Kong and Macau, marketing it under the brand name FRUZAQLA®.

About Savolitinib

Savolitinib is an oral, potent and highly selective MET tyrosine kinase inhibitor that has demonstrated clinical activity in advanced solid tumors. It blocks atypical activation of the MET receptor tyrosine kinase pathway that occurs because of mutations (such as exon 14 skipping alterations or other point mutations), gene amplification or protein overexpression. Savolitinib is being jointly developed by AstraZeneca and HUTCHMED, and commercialized by AstraZeneca under the brand name ORPATHYS®.

About Surufatinib

Surufatinib is a novel, oral angio-immuno kinase inhibitor that selectively inhibits the tyrosine kinase activity associated with VEGFRs and fibroblast growth factor receptor (FGFR), which both inhibit angiogenesis, and colony stimulating factor-1 receptor (CSF-1R), which regulates tumor-associated macrophages, promoting the body’s immune response against tumor cells. Surufatinib is marketed in China by HUTCHMED under the brand name SULANDA®. HUTCHMED currently retains all rights to surufatinib worldwide.

About HUTCHMED

HUTCHMED (Nasdaq/AIM:​HCM; HKEX:​13) is an innovative, commercial-stage, biopharmaceutical company. It is committed to the discovery and global development and commercialization of targeted therapies and immunotherapies for the treatment of cancer and immunological diseases. Since inception it has focused on bringing drug candidates from in-house discovery to patients around the world, with its first three medicines marketed in China, the first of which is also approved around the world including in the US, Europe and Japan. For more information, please visit: www.hutch-med.com or follow us on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect HUTCHMED’s current expectations regarding future events, including but not limited to its expectations regarding the therapeutic potential of fruquintinib, surufatinib and savolitinib, the further clinical development for fruquintinib, surufatinib and savolitinib, its expectations as to whether any studies on fruquintinib, surufatinib and savolitinib would meet their primary or secondary endpoints, and its expectations as to the timing of the completion and the release of results from such studies. Such risks and uncertainties include, among other things, assumptions regarding enrollment rates and the timing and availability of subjects meeting a study’s inclusion and exclusion criteria; changes to clinical protocols or regulatory requirements; unexpected adverse events or safety issues; the ability of fruquintinib, surufatinib and savolitinib, including as combination therapies, to meet the primary or secondary endpoint of a study, to obtain regulatory approval in different jurisdictions and to gain commercial acceptance after obtaining regulatory approval; the potential markets of fruquintinib, surufatinib and savolitinib for a targeted indication, and the sufficiency of funding. In addition, as certain studies rely on the use of other drug products such as sintilimab and toripalimab as combination therapeutics, such risks and uncertainties include assumptions regarding their safety, efficacy, supply and continued regulatory approval. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. For further discussion of these and other risks, see HUTCHMED’s filings with the US Securities and Exchange Commission, The Stock Exchange of Hong Kong Limited and on AIM. HUTCHMED undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

Medical Information

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

CONTACTS

Investor Enquiries+852 2121 8200 / [email protected]  Media Enquiries FTI Consulting –+44 20 3727 1030 / [email protected] Atwell / Alex Shaw+44 7771 913 902 (Mobile) / +44 7779 545 055 (Mobile)Brunswick – Zhou Yi+852 9783 6894 (Mobile) / [email protected]  Panmure LiberumNominated Advisor and Joint BrokerAtholl Tweedie / Emma Earl / Rupert Dearden+44 20 7886 2500  CavendishJoint BrokerGeoff Nash / Nigel Birks+44 20 7220 0500  Deutsche NumisJoint BrokerFreddie Barnfield / Jeffrey Wong / Duncan Monteith+44 20 7260 1000