Market Signal Briefing

Key NotesBitmine accumulated over $128 million in ETH in the past two days.Ethereum ETFs recorded $84.6 million in inflows, coming from Grayscale.The leading altcoin fell below $3,000 despite the notable accumulations.
The Ethereum

ETH
$2 963

24h volatility:
2.5%

Market cap:
$357.53 B

Vol. 24h:
$22.01 B

 treasury company Bitmine Immersion, led by Fundstrat Capital’s CIO Tom Lee, has been accumulating the leading altcoin amid market consolidation.

Bitmine purchased 29,462 ETH on Tuesday, Dec. 23, according to data from Lookonchain.

It seems that Tom Lee(@fundstrat)'s #Bitmine just bought another 29,462 $ETH($88.1M) from BitGo and Kraken.https://t.co/hXCQQvO6ZFhttps://t.co/m3WT8Jwh6x pic.twitter.com/REuuHwyR6q

— Lookonchain (@lookonchain) December 23, 2025

On Dec. 22, the Ethereum treasury firm accumulated another 13,412 ETH. The 42,874 ETH purchase, worth roughly $128.7 million, in the past two days brings Bitmine’s total holding to over 4.06 million ETH tokens.

Bitmine has been heavily buying ETH over the past month. The company accumulated 138,452 ETH within the first week of December alone.

Currently, Bitmine’s total crypto and cash holdings are worth more than $13.2 billion, according to the company’s official press release on Monday, Dec. 22.

Ethereum ETFs See the Light
The crypto market, including the leading assets, has been seeing high volatility over the past two weeks.

Ethereum fell from its local high of $3,400 on Dec. 10 to $2,780 on Dec. 18. The leading altcoin recorded mild gains to break the $3,000 mark on Dec. 22 but is down 2.2% in the past 24 hours again.

ETH is currently trading at $2,960 despite the massive buying spree from Bitmine.

On the other hand, spot ETH exchange-traded funds in the US recorded their first inflows after seven consecutive outflows. These ETFs registered a net inflow of $84.6 million on Dec. 22, solely coming from Grayscale’s ETHE and ETH funds, according to data from Farside.

ETH ETF inflows come while spot Bitcoin

BTC
$87 440

24h volatility:
2.5%

Market cap:
$1.75 T

Vol. 24h:
$48.54 B

 ETFs recorded another $142.2 million in net outflows on the same day.

The institutional uncertainty has been triggering FUD among retail investors. Coinspeaker reported that “wholecoiner” selloffs have been consistently declining over the past year, which means that smaller wallets have been selling more than whales.

Despite the negative sentiment from retail investors, Bitmine’s chairman believes that the crypto bottom is in and predicted that Ethereum could reach $62,000. Notable industry analysts have already questioned this prediction.

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

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Wahid has been analyzing and reporting on the latest trends in the decentralized ecosystem since 2019. He has over 4,000 articles to his name and his work has been featured on some of the leading outlets including Yahoo Finance, Investing.com, Cointelegraph, and Benzinga. Other than reporting, Wahid likes to connect the dots between DeFi and macro on his newsletter, On-chain Monk.

Wahid Pessarlay on X

BlackRock names its spot Bitcoin ETF a top 2025 theme alongside cash-like Treasuries and U.S. blue chips after $25b of inflows, signaling BTC’s place in core portfolios.

Summary

BlackRock grouped the iShares Bitcoin Trust with a 0–3 month Treasury ETF and a top 20 U.S. stocks ETF as one of three flagship themes for 2025.​
IBIT has drawn over $25b in 2025 inflows and ranks sixth among all ETFs despite negative performance, showing BlackRock’s conviction over pure fee maximization.​
Analysts say placing Bitcoin beside cash-like and equity benchmarks could reset institutional perceptions and accelerate BTC’s adoption in diversified portfolios.

BlackRock, the world’s largest asset manager, has designated its spot Bitcoin ETF as one of three primary investment themes for 2025, according to company materials released this year.

The iShares Bitcoin Trust was positioned alongside two traditional financial instruments: the iShares 0-3 Month Treasury Bond ETF and the iShares Top 20 U.S. Stocks ETF, the firm announced.

🚨BITCOIN ETF OUTFLOWS HIT $462M IN 3 DAYS

Bitcoin ETFs have seen $461.8 MILLION in OUTFLOWS over the past three days, led by BlackRock ($173.6M) and Fidelity ($170.3M) as year-end risk-off pressure builds. pic.twitter.com/fsIivqghIu

— Coin Bureau (@coinbureau) December 23, 2025

Since January, the Bitcoin (BTC) fund has attracted more than $25 billion in capital inflows, ranking sixth among all ETFs for new investments in 2025, according to fund data.

Nate Geraci, president of NovaDius Wealth Management, stated the decision represents BlackRock “doubling down on its conviction that bitcoin belongs in diversified portfolios,” rather than simply promoting a high-revenue product.

Bloomberg ETF analyst Eric Balchunas noted that if the ETF “can do $25 billion in a bad year, imagine the flow potential in a good year,” according to his commentary.

Geraci noted that BlackRock operates other ETFs with stronger performance and higher fees, such as its gold fund. The asset manager’s decision to highlight a product that has underperformed in 2025 represents an unusual approach in the asset management industry, where firms typically promote their best-performing funds, according to Geraci.

“If the objective were purely revenue generation, BlackRock has no shortage of ETFs with significantly higher fees that it could emphasize instead,” Geraci stated. “Asset managers aren’t typically in the business of spotlighting underperforming products, particularly when they have a deep bench of outperforming alternatives they could highlight.”

The placement of bitcoin alongside cash-like instruments and traditional equities by BlackRock may influence institutional perceptions of the cryptocurrency, according to industry observers. The move could serve as a catalyst for broader institutional acceptance of the asset within mainstream financial markets, analysts said.

Key NotesEtherscan cannot properly index many native-level ZKsync features.All on-chain data will migrate entirely to the ZKsync native explorer on January 7, 2026.Developers using Etherscan APIs must migrate before the deadline.
ZKsync will end Etherscan support for the ZKsync Era on January 7, 2026. Block, transaction, and contract data will move fully to the ZKsync native explorer. Developers relying on Etherscan APIs must migrate before that date.

According to a GitHub post, ZKsync no longer fits standard EVM assumptions. Interop transactions, cross-chain bundles, Gateway settlement, and new compilers like solx require an explorer that understands the protocol at a native level. Etherscan cannot index these features correctly.

Dropping Etherscan Support
ZKsync has evolved into a network of interconnected chains. Transactions can now span multiple ZKsync chains and settle through flexible paths that may include the ZKsync Gateway or Ethereum directly. This structure breaks the single-chain model most explorers rely on.

Etherscan support for ZKsync Era will be discontinued on Jan 7th, 2026.

This allows us to prioritize the ZKsync native explorer and support protocol-native features like interop transactions, Gateway settlement, and additional EVM compilers like solx.

ZKsync native explorer →…

— ZKsync Developers (∎, ∆) (@zkSyncDevs) December 22, 2025

Native awareness of Interop (communication layer) and settlement paths allows the ZKsync explorer to show execution context, settlement flow, and cross-chain state in one view.

It is important to note that this decision represents where ZKsync is headed in 2026, towards fewer external dependencies, more protocol-level coordination.

Token Utility Moves from Theory to Design
ZKsync leadership spent 2025 laying groundwork for ZK token utility beyond governance, according to Alex Gluchowski, the co-founder and CEO of Matter Labs, the firm behind ZKsync

Proposals released this year were focused on interoperability and off-chain licensing as value sources tied directly to network usage.

The logic is simple. As private and public ZKsync chains coordinate, fees emerge at the protocol layer. Governance proposals create the buy-and-allocate paths where fees and licensing revenue could support burns, staking rewards, and ecosystem funding.

Token value is now linked to how much coordination the network handles, not just how many votes the token controls.

Utility through Enterprise Upgrades
ZKsync spent 2025 pushing privacy into production. Prividium is a result of those efforts and allows institutions to run private chains.

As per a Messari research analyst, Prividium “keeps execution and state private while still producing validity proofs that are settled on Ethereum, providing public verifiability.”

On the other hand, the Atlas upgrade tightened execution, proving, and Ethereum verification into a faster pipeline, Gluchowski noted in his 2025 recap. The target is over 15,000 transactions per second, near one-second finality, and extremely low proving costs, revealed the analyst’s report.

Airbender is also live. It reduces hardware needs and provisioning time. Gluchowski added that banks, asset managers, consumer apps, and regional chains have launched production deployments throughout the year.

As ZKsync enters 2026 with Prividium, Interop, and Atlas, the ZK token has crashed more than 90% from its all-time high seen over two years ago at $0.3285. At press time, the altcoin was trading at $0.027 but the new changes could form a bottom for ZK’s falling prices.

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

Altcoin News, Blockchain News, Cryptocurrency News, News

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

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US inflation came in softer than expected, and the Fed delivered its third consecutive rate cut. The Bank of Japan raised rates for the first time in three decades without triggering a meltdown.

On paper, the macro tape into year-end looks friendlier than it has in months.

As of press time, Bitcoin (BTC) is up 4% since Dec. 18, briefly touching $90,000 again on Dec. 22, only to stall. No parabolic leg, just a brief spike, followed by the same choppy range that has defined the fourth quarter.

The mismatch between softer macro conditions and muted Bitcoin response raises a question: if rate cuts and cooling inflation aren't enough to ignite a rally, what's holding the tape back?

The answer sits in the details: contaminated data, still-restrictive real yields, and Bitcoin's own structural fragility.

Good news with asterisksNovember's CPI delivered the headline everyone wanted: 2.7% year-over-year versus 3.1% expected, with core at 2.6% against a 3.0% consensus. That marked the lowest core reading since 2021 and the first time headline inflation clearly settled back inside the 2%-3% band.

However, every serious macro note flags the same problem: the six-week government shutdown meant October CPI was never published, and a chunk of November's prices were estimated rather than observed.

Rents and some services relied on modeled data rather than actual market readings. Reports cautioned against treating this as a clean regime change.

Fed Governor John Williams leaned into that skepticism. In his Dec. 19 interview and speech, he called the CPI print “encouraging” but explicitly noted that both inflation and unemployment data remain distorted by shutdown-related gaps.

He then said there is “no immediate need” for more cuts and described policy as “well balanced.”
That is the opposite of a green light. Rates are falling, but the Fed is signaling that this particular piece of good news is noisy and not a trigger for aggressive easing.

For Bitcoin, traders are unlikely to front-run a massive liquidity wave off a single contaminated report. Markets are waiting for a clean January print before deciding whether November was a blip or a genuine downshift.

Real yields still look nothing like 2020-21Even after three cuts and softer inflation, the macro plumbing remains tight. The 10-year TIPS yield is around 1.9% as of Dec. 22, while the Treasury's long-term real rate averages in the 1.5%-2% range.

That is miles above the negative real rates of 2020 and 2021, and keeps the discount rate on long-duration risk assets elevated.

US 10-year real yields remain around 1.9% in December 2025, far above the negative rates seen during 2020-2021. Image: FREDThe Fed ended quantitative tightening on Dec. 1, but that does not mean quantitative easing (QE) has resumed. Bank notes confirm that Treasury and MBS runoff has stopped, with the next phase described as “reserve management” via limited purchases, not a balance-sheet surge.

The Dec. 18 H.4.1 release shows total Fed assets around $6.56 trillion, down roughly $350 billion over the past year.

Williams emphasized that new asset purchases are “technical” and “not QE,” aimed at keeping money markets orderly rather than engineering a risk-asset melt-up.

The direction of travel has flipped from tightening to less tightening, but real yields remain positive, and the Fed is not shoveling fresh dollars into the system.

BoJ hike: anchor out, but chain still slackThe Bank of Japan's (BoJ) move to 0.75% was widely telegraphed and framed by Governor Kazuo Ueda as slow normalization. Reports noted that this marks the highest Japanese policy rate in three decades, with 10-year JGB yields hitting a 26-year high.

Macro desks are already writing the yen-carry angle, calling the hike “structurally important,” noting that if markets start pricing further hikes, that could trigger carry-trade unwinds and forced de-risking across global assets, including Bitcoin.

Right now, the yen has actually weakened again because Ueda emphasized gradualism. That gives traders breathing room but leaves latent stress in the system. The BoJ took the zero-rate anchor out but didn't yet yank on the chain.

Traders know that a genuine carry squeeze can trigger 20% to 30% drawdowns, making them reluctant to lever up just because the first hike landed without fireworks.

Bitcoin's own liquidity is depletingMacro conditions explain part of the muted response, but Bitcoin's internal structure explains the rest.
Glassnode's Week 50 note describes BTC as range-bound because of heavy underwater supply between roughly $93,000 and $120,000, fading demand, and increasing loss realization whenever the price pops.

Bitcoin holder supply shows increasing short-term losses in late 2025, indicating fading demand and loss realization whenever price attempts to rally. Image; GlassnodeBitcoin's aggregated 2% market depth fell about 30% from its 2025 peak, declining from roughly $766 million in early October to around $569 million by early December, just as ETF outflows hit $3.5 billion in November.

Additionally, buying liquidity is “depleting,” with coins mostly churning among existing players rather than being absorbed by fresh capital.

October's run to $126,000 pre-priced a lot of the “good news.” What remains is a market with thinning depth, choppy ETF flows, and a heavy band of underwater supply above spot.

What this means for 2026The macro tape is no longer hostile, but it also isn't the kind of unambiguous, balance-sheet-driven boom that made 2020-21 feel inevitable.

Soft inflation and three Fed cuts would normally be rocket fuel, but this time the CPI data is distorted, the Fed is signaling “no rush,” and real yields remain positive. The shift from QT to neutral policy has not yet morphed into a true liquidity wave.

The BoJ's first 30-year-high hike removed the psychological zero-rate anchor that powered global carry trades, keeping an overhang above all levered risk trades.

Inside crypto, the market is waiting for either a clean macro break or genuinely new liquidity, not just another “good” headline.

Bitcoin is behaving like a half-mature macro asset, responsive to conditions but not explosive. In that gap between softer data and still-tight real conditions, the expected boom isn't materializing.

Bitcoin Market Data

At the time of press 10:02 am UTC on Dec. 23, 2025, Bitcoin is ranked #1 by market cap and the price is down 2.44% over the past 24 hours. Bitcoin has a market capitalization of $1.75 trillion with a 24-hour trading volume of $44.61 billion. Learn more about Bitcoin ›

Crypto Market Summary

At the time of press 10:02 am UTC on Dec. 23, 2025, the total crypto market is valued at at $2.96 trillion with a 24-hour volume of $103.81 billion. Bitcoin dominance is currently at 59.00%. Learn more about the crypto market ›

Mentioned in this article

Monero price slid on heavy selling into nearby support after multiple failed rebounds, with weak bounce volume and neutral RSI leaving room for further volatility in the short term.

Summary

Intraday selling accelerated from a prior rebound zone, carving lower highs and large red candles as Monero price slipped back toward a nearby support area.​
Volume spiked on the drop but stayed muted on the bounce, while RSI held in neutral territory, signaling the move is corrective but not yet washed out.​
Moving averages still sit below price, keeping the broader trend constructive, but a failed hold at support could open deeper downside before any bullish reset.

Current Monero price is hovering around $440–465, with recent daily closes clustered in the mid‑400s.

Monero (XRM) experienced renewed downward pressure following a sharp intraday sell-off that pushed the cryptocurrency toward a nearby support zone, according to market data.

Monero price trending towards the $440-460 zone
The privacy-focused digital asset was trading lower at press time with elevated volatility, confirming significant participation during the decline, according to trading data. The Relative Strength Index remained in neutral territory, indicating the downward move had not yet reached oversold conditions.

Short-term chart analysis showed a loss of structure after multiple failed attempts to hold above prior mid-range resistance levels. Price action accelerated lower, producing a sequence of lower highs and expanding red candles, according to technical data. The decline originated from a prior rebound area where multiple recovery attempts failed.

Volume data indicated selling pressure expanded during the drop, while the subsequent bounce into current support occurred on lighter volume, according to market observers.

The immediate support area produced a small reaction bounce, though confirmation remained lacking, according to technical analysts. Overhead resistance stood at the former support zone, which now marks the level that would need to be reclaimed to restore short-term structure. Shorter- and longer-term moving averages remained below current price levels, suggesting the move represents a correction within a larger upward framework rather than a structural breakdown, according to technical indicators.

If the current support zone fails to hold, the lack of nearby structural support could allow price to decline further, analysts noted. The absence of oversold RSI conditions increases that risk, according to momentum indicators.

Conversely, if Monero holds above current levels and begins forming higher lows on the hourly chart, a corrective rebound toward the resistance area becomes possible, technical analysts said. That level remains critical, as any bounce without reclaiming that zone would likely face renewed selling pressure, according to market observers.

For momentum to shift meaningfully, price would need to regain the resistance zone with expanding volume, something not yet visible in chart data, according to technical analysis.

Despite bullish longer-term indicators including moving averages, the short-term structure showed bearish characteristics. Sharp downside moves, weak rebound volume, and repeated failures at prior support levels suggested the market remained in a corrective phase, according to technical data.

Until Monero either reclaims prior resistance or demonstrates clear basing behavior near current support, risk remains skewed toward continued volatility rather than immediate trend resumption, market analysts said.

Key NotesSince August, LINK price has been declining and is currently around $12.28.Chainlink whales have resorted to a massive selloff amid a gloomy macro outlook.The first Chainlink ETF went live for trading in early December, but with no impact on price.
Chainlink

LINK
$12.29

24h volatility:
2.8%

Market cap:
$8.70 B

Vol. 24h:
$491.28 M

price has been on a steady decline in the last few months, with most of its key metrics at their worst levels currently. Its market capitalization and trading volume have been fluctuating at an alarming rate. Most concerning is that whales within the ecosystem are in sell-off mode, offloading their holdings to acquire other crypto assets. It is not certain how much longer the LINK price can hold still.

Chainlink Key Metrics in the Negative Territory
According to CoinMarketCap, LINK is currently trading at $12.28, corresponding with a 2.54% dip over the last 24 hours. 

So far, the price of this digital asset has dropped by 16% from its monthly high and roughly 55% from its Year-to-date (YTD) high. Also, this coin’s market cap is at $8.71 billion, making it the 12th largest cryptocurrency as of writing. 

This price decline started in August, and since then, it has intensified significantly. At the time, investors were concerned about the United States’ tariffs on key economies as well as the Federal Reserve’s interest rate policy. These eventually triggered a general risk-off sentiment in crypto markets. There was a slight uptick in early December after the first Chainlink ETF by Grayscale went live for trading.

Back in late August, Chainlink-based Decentralized Finance (DeFi) applications had a Total Value Locked (TVL) of more than $1.13 billion. This metric has now declined to around $545 million, per DefiLlama data. Apart from the TVL drop, Chainlink has recorded a consistent drop in weekly fees since September. 

Based on historic data, this situation is usually an indication of a slowdown in overall usage. It is also a sign of reduced demand for Chainlink’s services within the DeFi space. Still, some analysts expect LINK to experience a 1000% rally soon.

Have You Taken Your Share of MAXI DOGE Presale?
LINK price may still record some significant improvement before the new year, but until then, many investors have turned their attention to Maxi Doge (MAXI), a canine-themed crypto asset.

By all means, this token is gaining traction and enjoying the limelight, and has successfully entered the league of the best crypto presales of 2025. Investors have seen this new project gather positive momentum, which has now caused it to grow significantly in such a short time. 

So far, its ongoing project presale has raised a total of $4,356,677.97, underscoring its strong traction. This is an indication that investors perceive its long-term potential and are willing to invest their funds.

Purchases can be completed using credit or debit cards, as well as cryptocurrency.

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

Chainlink (LINK) News, Market News

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X

VanEck data shows declining bitcoin mining activity has historically preceded strong returns in bitcoin. Dec 23, 2025, 10:09 a.m.

Declining bitcoin BTC$87,508.08 mining activity is often interpreted as a sign of network stress, reflecting weaker miner profitability, declining hashrate and concerns over the economic sustainability of mining operations. It is commonly assumed to be bad for the bitcoin price.

Digital assets investment firm VanEck, however, argues that periods of falling hashrate — the total computational power being used by miners to secure the bitcoin network and process transactions — has historically functioned as a contrarian indicator, indicating improving price momentum rather than a signal of structural weakness.

STORY CONTINUES BELOW

This dynamic is emerging as bitcoin trades around $87,000, following a 36% peak-to-trough slide from the October's all-time high.

Over the past 30 days, bitcoin's network hashrate recorded its steepest decline since April 2024, as miners faced compressed margins from a weaker BTC price and that month's "halving," an event that cuts block rewards by 50% roughly every four years, reducing new bitcoin issuance.

VanEck notes that the shrinking hashrate when bitcoin prices fall reflects miner capitulation, with inefficient or highly leveraged operators shutting down or selling bitcoin, which contributes to sell-side spot pressure.

In reality, hashrate declines tend to lag behind the price drops. According to VanEck, the timing has historically placed the market closer to cyclical bottoms than tops. As higher-cost miners exit, lower difficulty adjustments occur, making it easier to mine bitcoin and ensuring blocks are produced at a consistent pace. The resulting improved miner profitability then eases forced selling.

The current price correction appears selective, VanEck noted, with shutdowns concentrated among higher cost or geopolitcially exposed operations.

VanEck found that when the 90-day hashrate growth has been negative, bitcoin has delivered positive 180-day forward returns 77% of the time, meaning the price performance over the following six months is high than average than during periods of rising hashrate.

The firm estimated that buying bitcoin during sustained hashrate corrections has improved 180-day forward returns by roughly 2,400 basis points, reinforcing miner capitulation as one of bitcoin more durable contrarian signals.

More For You

State of the Blockchain 2025

Dec 19, 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

View Full Report

More For You

Bitcoin trails polar opposites, gold and copper, as 'fear and AI' trade lifts tangible assets

2 hours ago

Gold and copper have outperformed other major assets this year, with gold rallying more than copper.

What to know:

Gold and copper have outperformed other major assets this year, with gold rallying more than copper. Bitcoin has underperformed, failing to attract both fear-driven and AI-driven investment, highlighting a shift towards tangible assets.The divergence in performance between gold and copper reflects market bets on both AI-driven growth and systemic financial fears.Read full story

Prediction markets point to a cautious XRP price prediction for year end, with traders lowering hopes of a strong rise before the year ends. Current bets suggest XRP is more likely to move slowly rather than see a big jump in price.

According to analyst CryptoSenseii, Data from prediction platforms shows only a 4% probability of XRP trading above $3 by year-end. On Gemini’s prediction market, the most likely outcome, with a 63% probability, places XRP closing the year between $1.50 and $2. Higher price targets such as $10, $50, or $100 are not even listed as selectable options, highlighting the market’s tempered sentiment.

Earlier this year, many investors expected a strong rally. That optimism has now faded as prices remain flat. While some holders are disappointed, long-term XRP investors are still buying, seeing the current consolidation as a chance to accumulate rather than a problem.

ETFs, Liquidity, and Market StructureInstitutional players often stress that liquidity attracts more liquidity. The rise of crypto ETFs, including XRP-linked products, can add depth to the market. In the past, ETFs have not replaced direct ownership. Instead, they usually increase interest in holding assets directly, a trend seen in both crypto and traditional markets like precious metals.

Recent volatility in the crypto market have hurt sentiment. Major profit-taking moves, including multi-billion-dollar Bitcoin sell orders, have shaken confidence, even as traditional markets move toward new highs. The decline could be a healthy reset after earlier rallies, giving long-term investors a chance to accumulate while institutional adoption continues quietly in the background.

OutlookHopes for a late-year XRP rally have faded, but progress in tokenization, settlement systems, and institutional involvement continues. 

Canary Capital’s CEO has suggested XRP could reach a cycle peak in 2026, pointing to ETF adoption and expanding ledger functionality rather than short-term price speculation.

While whale activity remains a near-term headwind, continued ETF inflows and the development of institutional-grade lending infrastructure may shift XRP’s narrative toward real-world financial utility rather than purely speculative trading.

Many investors are now less focused on short-term price moves and more on long-term positioning, looking ahead to a potentially bigger shift for digital assets in 2026 and beyond.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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A macro analyst is detailing what he says is a strong argument for a Bitcoin bear market.

In a new YouTube update, Luke Gromen says he does not think “nuclear printing”, or extreme money creation by governments and central banks, will happen next year.

“The economy is highly levered as we’ve talked about ad nauseum and everybody knows Bitcoin as the last functioning smoke alarm of liquidity is the equity crunch. Bitcoin’s the equity crunch and since the deflationary pressures of AI and robotics are exponential, as Jeff Booth has has brilliantly pointed out many times, anything less than nuclear printing is effectively tightening.

It won’t be enough to offset the exponential deflation that will manifest aggressively as the equity crunch falling in price, Bitcoin falling in price. When you then add in that US tech is starting to have some issues around uh capital costs, AI supply chain grid constraints, etc. and some Chinese competition in certain cases. And the fact that Bitcoin trades like a high beta tech stock uh when you add that factor in, that is in essence those two why we are near-term negative on Bitcoin. We do not think nuclear printing is coming in 2026.”

However, the macro guru also says that BTC is a safe bet long term.

“Now to be clear, I still love Bitcoin long term. I just think that deflation I still think that deflation is going to lead to a crisis and I still think there will be nuclear printing in response to that crisis at some point. But there’s an order of operations here that I was uh quite honestly wrong about up until about a month and a half ago, a month ago when we went negative on Bitcoin. in terms of I thought they would be quicker with the response and they haven’t been and I don’t think they’re going to be. So my view is that I’ll be able to buy back the Bitcoin I sold uh cheaper. Maybe I’ll be wrong. Maybe I’ll be have been way too cute.

But this Bitcoin is the equity tranch in a highly leveraged system that is going seeing deflationary pressures from AI and robotics that are exponentially growing. I don’t think there’s a lot of people looking at it that way yet. And I think they’re going to be looking at it that way over the next few months.”

Plug Power and Lucid could both be zeros.

If you're betting big on Plug Power (PLUG 4.09%) or Lucid Group (LCID +4.02%), you should probably think again. These are the type of stocks that could easily wipe away a $100,000 nest egg in the blink of an eye. Both companies have the strong potential to go bankrupt in the coming years, with the stocks going to zero.

Let's take a close look at both stocks.

1. Plug Power

Today's Change

(

-4.09

%) $

-0.09

Current Price

$

2.11

Plug Power fancies itself as the next next-generation hydrogen fuel cell company, but its core business is actually providing fuel cells that go into forklifts and other material handling equipment. Fuel cell-powered forklifts are popular in high-volume warehouses and fulfillment centers that run 24/7, as operators just have to refuel the fuel cell and not recharge a battery. Meanwhile, the industry has moved away from gasoline-powered forklifts due to safety issues using them in an enclosed building.

This would seem to be a good business, but it has not been for Plug Power. The company also provides the hydrogen fuel to its customers, which it has long sold at a loss. To make matters worse, it has also been selling its equipment and infrastructure at a loss as well.

To try and change what is an uneconomical business model, Plug Power is in the process of building out a system of hydrogen plants to produce its own hydrogen to be able to sell at a profit. It's also undergoing a restructuring program and has looked to raise prices. However, thus far, the company is still producing negative gross margins and has both massive negative operating cash flow and free cash flow.

While the company has pledged to get to break-even gross margins by next year, that would still not solve all its problems. Meanwhile, the company has a long history of not delivering on its projections.

Image source: Motley Fool.

2. Lucid Group

Today's Change

(

4.02

%) $

0.47

Current Price

$

12.29

Lucid's stock recently hit an all-time low, but that doesn't mean it doesn't have further to fall. Like Plug Power, the electric vehicle (EV) maker has negative gross margins and is bleeding cash. Just last quarter, it burnt through more than $950 million in cash, and it's gone through more than $2.5 billion in cash so far this year. Notably, the company's market cap is only around $3.7 billion, so this is extreme.

Lucid is betting big on its entry into the luxury EV SUV market with its Gravity model, which it thinks will complement its luxury sedan, Lucid Air. It's also looking to launch a cheaper midsize platform. However, the company isn't seeing the gross margin step-change that rival Rivian has seen when it switched to a zonal architecture that significantly reduced costs.

At the same time, the company has also started to pivot to autonomous driving and robotaxis. Instead of looking to build a robotaxi fleet like Alphabet's Waymo and Tesla, it's looking to be a hardware and architecture provider, and has signed a deal with Uber and has a partnership with Nvidia. The reality, though, is that the company is far behind, and just has some prototypes doing supervised test loops in a couple of cities.

The only thing really keeping Lucid afloat at this point is its well-heeled investors. Uber recently made a $300 million investment in the company, but its biggest backer is the Saudi Arabia Public Investment Fund (PIF). The fund owns around 60% of Lucid and has effectively backstopped it from already going bankrupt.

However, at some point, PIF may decide to stop throwing money at the problem, especially as demand for EVs continues to wane. If that happens, the stock would be toast.

Amazon's self-driving unit Zoox is recalling 332 vehicles in the U.S. over an Automated Driving Systems software error that may cause the vehicles to cross or stop in front of oncoming traffic, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Tuesday.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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

HomeStock IdeasLong IdeasConsumer Staples Analysis

SummaryOlaplex has staged a technical trading rebound in December, priced near book value with minimal net debt.Better earnings are projected post-2025, with the potential for cash EPS to reach $0.12 by 2026, especially if interest-bearing debt is repaid.Shares could be valued well under 10x after-tax earnings by 2027, a rare find in the beauty sector, assuming top-line growth resumes. Alona Siniehina/iStock via Getty Images

Olaplex, Inc. (OLPX) has experienced a nice technical turnaround in trading over the past month. The company is a leading seller of patented haircare products. Olaplex-formulated shampoos and masks repair/protect your hair through their

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

This writing is for educational and informational purposes only. All opinions expressed herein are not investment recommendations and are not meant to be relied upon in investment decisions. The author is not acting in an investment advisor capacity and is not a registered investment advisor. The author recommends investors consult a qualified investment advisor before making any trade. Any projections, market outlooks, or estimates herein are forward-looking statements based upon certain assumptions that should not be construed as indicative of actual events that will occur. This article is not an investment research report, but an opinion written at a point in time. The author's opinions expressed herein address only a small cross-section of data related to an investment in securities mentioned. Any analysis presented is based on incomplete information and is limited in scope and accuracy. The information and data in this article are obtained from sources believed to be reliable, but their accuracy and completeness are not guaranteed. The author expressly disclaims all liability for errors and omissions in the service and for the use or interpretation by others of information contained herein. Any and all opinions, estimates, and conclusions are based on the author's best judgment at the time of publication and are subject to change without notice. The author undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional materials. Past performance is no guarantee of future returns.

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.

, /PRNewswire/ -- The International Stock Exchange Group Limited (TISE), a wholly-owned subsidiary of Miami International Holdings, Inc. (MIAX) (NYSE: MIAX), today announced the signing of a Memorandum of Understanding (MoU) with Boursa Kuwait to explore opportunities for collaboration in facilitating specialized listings and expanding Middle Eastern investment channels.

Boursa Kuwait is a leading regional exchange classified as an emerging market in major global indices. 

TISE is a regulated exchange offering a growing range of financial products. Headquartered in Guernsey, it maintains a presence and has members based in key international financial centers including Dublin, Jersey and London.

"We are pleased to sign this MoU with Boursa Kuwait as we share a common vision of developing a more interconnected and sustainable financial environment," said Cees Vermaas, Chief Executive Officer of TISE. "Through knowledge sharing and the exploration of opportunities for collaboration in areas such as specialized listings and innovative products, we aim to create new investment opportunities. We look forward to working alongside one of the most prominent exchanges in the Middle East to promote market integration and connect global investors with the promising opportunities in Kuwait and the wider region." 

The MoU aims to enhance technical and knowledge-based cooperation between the two parties. It also seeks to explore opportunities for financial market development through the exchange of expertise, collaboration in the innovation of new financial products and support for sustainable finance initiatives. It is part of Boursa Kuwait's ongoing efforts to strengthen its international presence and reinforce the Kuwaiti capital market's reputation as a trusted destination for regional and international investors.

"The signing of this MoU reaffirms Boursa Kuwait's commitment to fostering international cooperation and exchanging expertise with global financial institutions, further enhancing the Kuwaiti capital market's position as an attractive investment destination in the region," said Mohammad Saud Al-Osaimi, Chief Executive Officer of Boursa Kuwait. "This partnership represents a significant step toward exploring opportunities for developing financial products, supporting sustainable finance initiatives, and sharing knowledge in areas such as financial technology and market infrastructure."

The signing of this MoU comes amid growing ties between Guernsey and the State of Kuwait. It follows a similar MoU signed in August 2025 between the Guernsey Financial Services Commission and the Capital Markets Authority of Kuwait, which underscored both parties' commitment to strengthening regulatory cooperation and exchanging expertise to advance regulatory frameworks and enhance supervisory efficiency and governance.

About TISE

TISE provides financial markets and securities services to companies globally. TISE's Qualified Investor Bond Market (QIBM) is a leading market in Europe for listing high yield bonds, structured finance products and securitization transactions. TISE lists a pool of investment funds, UK Real Estate Investment Trusts (REITs) and hosts a sustainable finance segment, TISE Sustainable. TISE is headquartered in Guernsey, Channel Islands. To learn more about TISE, visit www.tisegroup.com.

About MIAX

Miami International Holdings, Inc. (NYSE: MIAX) is a technology-driven leader in building and operating regulated financial markets across multiple asset classes and geographies. MIAX operates nine exchanges across options, futures, equities and international markets including MIAX® Options, MIAX Pearl®, MIAX Emerald®, MIAX Sapphire®, MIAX Pearl Equities™, MIAX Futures™, MIAXdx™, The Bermuda Stock Exchange (BSX) and The International Stock Exchange (TISE). MIAX also owns Dorman Trading, a full-service Futures Commission Merchant. To learn more about MIAX, please visit www.miaxglobal.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements

The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company's use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

Media Contact:
Mark Oliphant, Head of Marketing & Communications, TISE
+44 (0) 1481 753011
[email protected]

SOURCE The International Stock Exchange Group

December 23, 2025 04:00 ET

 | Source:

HSBC Continental Europe

PARIS, Dec. 23, 2025 (GLOBE NEWSWIRE) --

Deutsche Post AG

HSBC (contact: [email protected]) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

Issuer:Deutsche Post AGGuarantor (if any):naAggregate nominal amount:EUR 750,000,000                       /  EUR 600,000,000Description:3% due 25th November 2031     /  3.75% due 25th November 2037       Offer price:99.498                                         / 99.063Stabilising Manager:HSBC Continental Europe This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Key Takeaways Enhertu-Perjeta gets FDA nod as first-line option for unresectable or metastatic HER2-positive breast cancer.Phase III DESTINY-Breast09 showed PFS of 40.7 months vs 26.9 months, reducing progression risk by 44%.Following approval, Daiichi is entitled to receive a $150 million milestone under the Enhertu collaboration.
AstraZeneca PLC (AZN - Free Report) and its Japan-based partner Daiichi Sankyo announced that the FDA has approved their blockbuster antibody-drug conjugate (ADC), Enhertu, for first-line use in breast cancer. Enhertu (trastuzumab deruxtecan) is now approved in combination with Roche’s Perjeta (pertuzumab) as first-line treatment for adult patients with unresectable or metastatic HER2-positive breast cancer in the United States. This approval is based on data from the phase III DESTINY-Breast09 study, followed by a priority review and Breakthrough Therapy designation by the FDA.

The regulatory application for Enhertu was reviewed under the FDA’s real-time oncology review (RTOR) program.

Enhertu is already approved for the second-line treatment of patients with HER2-positive breast cancer in more than 85 countries, including the United States. It is also approved in HER2-targeted indications for lung and gastric cancers.

Following the approval of Enhertu for first-line use in breast cancer, AstraZeneca is entitled to pay Daiichi Sankyo $150 million as a milestone payment.

Over the past year, AZN’s shares have surged 36.3% compared with the industry’s 12.1% rise.

Image Source: Zacks Investment Research

DESTINY-Breast09 Study Data Supports Enhertu’s Expanded UseIn the DESTINY-Breast09 study, the Enhertu-Perjeta combination demonstrated a statistically significant improvement in progression-free survival and reduced the risk by 44% compared with the current standard regimen — taxane chemotherapy combined with Roche’s cancer drugs Herceptin and Perjeta (“THP”) for patients with HER2-positive metastatic breast cancer. The median progression-free survival (PFS) was 40.7 months for patients treated with the Enhertu-Perjeta combo, compared with 26.9 months with THP.

AstraZeneca and Daiichi entered a global collaboration in March 2019 to jointly develop and commercialize Enhertu, followed by an expansion of the partnership in July 2020 to include Datroway (datopotamab deruxtecan). Daiichi Sankyo is responsible for the manufacturing and supply of Enhertu and Datroway. Daiichi records sales of Enhertu in the United States.

AZN’s Zacks Rank & Stocks to ConsiderAZN currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the biotech sector are ANI Pharmaceuticals (ANIP - Free Report) , CorMedix (CRMD - Free Report) and Castle Biosciences (CSTL - Free Report) . ANIP, CRMD and CSTL currently sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Over the past 60 days, estimates for ANI Pharmaceuticals’ 2025 earnings per share (EPS) have increased from $7.29 to $7.54. Over the same period, EPS estimates for 2026 have surged from $7.79 to $8.15. Shares of ANIP have surged 46% in the past year.

ANI Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 21.24%.

Over the past 60 days, estimates for CorMedix’s 2025 EPS have increased from $1.85 to $2.87, while 2026 EPS estimates have risen from $2.49 to $2.88 over the same period. Shares of CRMD have surged 32.7% over the past year.

CorMedix’s earnings beat estimates in each of the trailing four quarters, with the average surprise being 27.04%.

Over the past 60 days, the loss estimate for Castle Biosciences has narrowed from 65 cents to 34 cents in 2025. Over the same period, loss estimates for 2026 have improved from $2.10 to $1.06. CSTL stock has rallied 38.2% over the past year.

Castle Biosciences’ earnings beat estimates in three of the trailing four quarters and missed in the remaining quarter, with the average surprise being 66.11%

(We are reissuing this article to correct a mistake. The original article, issued on December 16, 2025, should no longer be relied upon.).

This REIT offers a really high dividend yield.

The S&P 500's dividend yield is currently around 1.2%. So, when a stock like Annaly Capital Management (NLY +2.47%) offers a yield more than 10 times above that level, it seems like something is off.

However, that's not the case with this real estate investment trust (REIT). It must legally pay out 90% of its taxable income in dividends to remain in compliance with IRS regulations.

Image source: Getty Images.

A monster yield from the real estate sector
Annaly Capital Management is a mortgage REIT. It invests in Agency mortgage-backed securities (mortgage pools guaranteed against credit losses by government agencies, such as Fannie Mae), non-agency residential mortgages, and mortgage servicing rights. These mortgage investments typically yield low-risk, fixed-rate returns in the low to mid-single digits. Through the use of leverage, Annaly can earn higher returns, currently in the double digits across all three strategies.

The mortgage REIT reported $0.73 per share of earnings available for distribution (EAD) in the third quarter, up from $0.66 per share in the year-ago period. That easily covered its $0.70 per share dividend payment. Its EAD was $0.73 per share in the second quarter and $0.72 per share in the prior two quarters. The improvement in EAD over the past year enabled Annaly Capital Management to hike its dividend payment earlier this year from its previous level of $0.65 per share.

As long as Annaly's EAD remains above the current dividend level, it will be able to maintain the payment rate. However, its EAD can fluctuate based on interest rates and market conditions. In 2022, Annaly's EAD was between $0.89 and $1.22 per share, which enabled it to pay a quarterly dividend of $0.88 per share.

Annaly has a legal requirement to pay out nearly all of its taxable net income in dividends, which is why it has such a high yield. However, that payout will fluctuate with its earnings, which is something investors need to consider before buying shares for income.

Matt DiLallo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Societe Generale share price has done well in the past few months and is slowly nearing its highest point on record. It jumped to a high of €67.85, its highest point since May 2007. It has soared by 680% from its lowest point in 2021, bringing its market capitalization to over €51 billion. 

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The Societe Generale stock price has been in a strong uptrend in the past few months, mirroring the performance of other European banks like Unicredit, Lloyds, and Barclays.

The stock did well as the company’s revenue and profitability growth gained steam, even as the European Central Bank (ECB) delivered its interest rate cuts during the two years.

For example, the most recent results showed that the company’s revenue jumped by 5.7% in the first nine months of the year to €20.5 billion.

The revenue increase coincided with its cost reduction process. Its costs dropped by 2.2%, much higher than what it had predicted. This decline was because of its asset disposals and layoffs.

Societe Generale’s net income stood at €4.6 billion in the first nine months of the year, up by 45% from the same period last year. All these numbers were much better than its guidance.

At the same time, the company continued returning cash to investors in the form of dividends and share buybacks. The company recently completed its €1 billion share buyback program and announced a new €872 million dividend.

Meanwhile, the stock has benefited from its simplification process as it exited key markets like Guinea and Mauritania. It also exited its private banking businesses in Switzerland and the UK. 

The company, like other major players in the markets, benefited from the trading boom because of Donald Trump’s volatility. Its Global Banking and Investor Solutions business made €2.5 billion in the third quarter, up by 1.6% from the same period last year. 

Societe Generale’s balance sheet also continued to improve, with its CET1 ratio rising to 13.7% from 13.3% in the same period last year.

Still, the main risk for the stock is whether it can replicate its performance in the coming year now that interest rates are coming down. The ECB has slashed interest rates to 2%, and some analysts predict that they may continue falling in 2026. 

Societe Generale stock price technical analysis 
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Société Générale stock price chart | Source: TradingView The weekly timeframe chart shows that the Societe Generale share price has been in a strong uptrend in the past few years as its revenue has jumped and its costs have dropped.

However, technical analysis suggests that the rally has become highly overbought and is at risk of a decline in the coming year.

The Relative Strength Index (RSI) has jumped to 76, up from last year’s low of 38. Similarly, the Stochastic Oscillator has continued rising and is now at the highest point in over a year.

Most importantly, the stock remains above the 50-week and 100-week Exponential Moving Averages, which are at €49 and €40.60. As such, there is a likelihood that the stock may go through a mean reversion.

Mean reversion is a situation where an asset moves back to its historical averages. As such, the stock may drop to the key psychological level at €50 and then resume the uptrend.

Most high-yielders typically have those yields for a reason. Some may still be worth buying.

HSBC Holdings said on Tuesday that Ann Godbehere, its senior independent director and board member who led the search for a new chair, would step down and retire at the bank's 2026 annual general meeting due to "personal and lifestyle reasons".

The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Greed” zone on Monday.

U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 200 points during the session. The S&P 500 also recorded gains for the third straight session.

The New York Stock Exchange will close at 1 p.m. ET on Wednesday and will be closed on Thursday for Christmas Day.

UniFirst Corp. (NYSE:UNF) received an acquisition proposal from Cintas Corp. (NASDAQ:CTAS) for $275 per share in cash.

On the economic data front, the Chicago Fed National Activity Index increased to -0.21 in September from a reading of -0.31 in August.

Most sectors on the S&P 500 closed on a positive note, with materials, industrials and financials stocks recording the biggest gains on Monday. However, consumer staples stocks bucked the overall market trend, closing the session lower.

The Dow Jones closed higher by around 228 points to 48,362.68 on Monday. The S&P 500 rose 0.64% to 6,878.49, while the Nasdaq Composite jumped 0.52% to 23,428.83 during Monday's session.

Investors are awaiting earnings results from Limoneira Co. (NASDAQ:LMNR) and Good Times Restaurants Inc. (NASDAQ:GTIM) today.

What Is CNN Business Fear & Greed Index?At a current reading of 56, the index moved to the “Greed” zone on Monday, versus a prior reading of 49.7.

The Fear & Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.

Read Next:

5 Stock Picks Last Week From Wall Street’s Most Accurate Analysts
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SummaryPayPal is upgraded from Buy to Strong Buy, despite recent underperformance and negative sentiment weighing on shares.PYPL trades at a 10x forward P/E, a steep discount to peers and the S&P 500, while delivering strong revenue and EPS growth.Robust free cash flow, high profitability, and aggressive share buybacks underscore management’s conviction and support valuation upside.Expansion in Buy Now, Pay Later (BNPL) and international markets positions PYPL for double-digit bottom-line growth and potential multiple re-rating. JasonDoiy/iStock Unreleased via Getty Images

We all can agree that PayPal (PYPL) stock price action has been frustrating. It's about 8% away from the 52-week low of $55.85, although the business fundamentals are improving. I guess the most challenging part is tied to

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

About Jamie Ashcroft
Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development.
As one of the early external hires at Proactive in 2009, Jamie contributed... Read more

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Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.

We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.

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Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.

Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.

Samsung Electronics said on Tuesday its unit Harman International has agreed to acquire German automotive supplier ZF Friedrichshafen's advanced driver assistance system (ADAS) business for 1.5 billion euros ($1.77 billion).

, /PRNewswire/ -- With reference to TORM plc's (NASDAQ: TRMD) (NASDAQ: TRMD A) company announcements dated 03 and 09 September 2025 regarding Hafnia Limited's ("Hafnia") potential acquisition of shares in TORM plc from Oaktree Capital Management, L.P. and its affiliates ("Oaktree"), TORM plc has been informed by Oaktree that this acquisition was completed on 22 December 2025.

Following completion of the acquisition, TORM plc understands that Oaktree holds 26,425,059 A shares, and Hafnia holds 14,156,061 A shares, out of a total of 101,332,707 A shares of USD 0.01 each.

Accordingly, following receipt of Oaktree's threshold notice, the board of directors will now undertake the processes required under article 5 of TORM plc's articles of association ("Articles") to determine whether the "threshold date" defined in the Articles (being the first time at which Oaktree and its affiliates have ceased to beneficially own at least one third of the issued shares, excluding any shares held in treasury) has occurred.

Once the threshold date has been determined, each of the office of the B director, the C share voting rights and the limitations on TORM plc's actions set out in Article 137 will cease to have effect on the threshold date in accordance with the Articles and the B and C share will be redeemed and cancelled.

Further announcements will be made as appropriate once these processes are concluded.

Contact
Mikael Bo Larsen, Head of Investor Relations
Tel.: +45 5143 8002

About TORM

TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety. environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM's shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (ticker: TRMD A and TRMD. ISIN: GB00BZ3CNK81). For further information, please visit www.torm.com.

Safe Harbor Statement as to the Future

Matters discussed in this release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are statements other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. Words such as, but not limited to, "expects," "anticipates," "intends," "plans," "believes," "estimates," "targets," "projects," "forecasts," "potential," "continue," "possible," "likely," "may," "could," "should" and similar expressions or phrases may identify forward-looking statements.

The forward-looking statements in this release are based upon various assumptions, many of which are, in turn, based upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs, or projections.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, our future operating or financial results; changes in governmental rules and regulations or actions taken by regulatory authorities; inflationary pressure and central bank policies intended to combat overall inflation and rising interest rates and foreign exchange rates; general domestic and international political conditions or events, including "trade wars" and the war between Russia and Ukraine, the developments in the Middle East, including the war in Israel and the Gaza Strip, and the conflict regarding the Houthis' attacks in the Red Sea; international sanctions against Russian oil and oil products; changes in economic and competitive conditions affecting our business, including market fluctuations in charter rates and charterers' abilities to perform under existing time charters; changes in the supply and demand for vessels comparable to ours and the number of new buildings under construction; the highly cyclical nature of the industry that we operate in; the loss of a large customer or significant business relationship; changes in worldwide oil production and consumption and storage; risks associated with any future vessel construction; our expectations regarding the availability of vessel acquisitions and our ability to complete acquisition transactions planned; availability of skilled crew members other employees and the related labor costs; work stoppages or other labor disruptions by our employees or the employees of other companies in related industries;  effects of new products and new technology in our industry;  new environmental regulations and restrictions; the impact of an interruption in or failure of our information technology and communications systems, including the impact of cyber-attacks, upon our ability to operate; potential conflicts of interest involving members of our Board of Directors and Senior Management; the failure of counterparties to fully perform their contracts with us; changes in credit risk with respect to our counterparties on contracts; adequacy of insurance coverage; our ability to obtain indemnities from customers; changes in laws, treaties or regulations; our incorporation under the laws of England and Wales and the different rights to relief that may be available compared to other countries, including the United States; government requisition of our vessels during a period of war or emergency; the arrest of our vessels by maritime claimants; any further changes in U.S. trade policy that could trigger retaliatory actions by the affected countries; the impact of the U.S. presidential and congressional election results affecting the economy, future government laws and regulations and trade policy matters, such as the imposition of tariffs and other import restrictions; potential disruption of shipping routes due to accidents, climate-related incidents, adverse weather and natural disasters, environmental factors, political events, public health threats, acts by terrorists or acts of piracy on ocean-going vessels; damage to storage and receiving facilities; potential liability from future litigation and potential costs due to environmental damage and vessel collisions; and the length and number of off-hire periods and dependence on third-party managers.

In the light of these risks and uncertainties, undue reliance should not be placed on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.

Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Please see TORM's filings with the U.S. Securities and Exchange Commission for a more complete discussion of certain of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

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