Market Signal Briefing

Key Takeaways LMND's net investment income has risen 16% YTD to $28.6M, following a 38% jump to $34M in 2024.Growth was fueled by diversification into higher-yield investments across its fixed-income portfolio.Steady investment returns support LMND's scaling efforts and help offset underwriting volatility.
Lemonade Inc.’s (LMND - Free Report) top line, like any other insurer, has net investment income as an important component, complementing premium revenues as well as commission and other income.

LMND’s net investment income represents interest earned from fixed maturity securities, short-term securities, and other investments, and gains or losses from the sale of investments. It is influenced by the size of the investment portfolio and the yield on that portfolio. The majority of Lemonade’s investment portfolio is skewed toward high-credit-quality, investment-grade fixed maturity securities. The insurer prefers fixed-income investments, such as bonds, because they offer predictable returns that can be used in claims payment.

The company’s investment income has been showing continuous improvement. While in 2024, net investment income of $34 million increased about 38%, through the first three quarters of 2025, the metric increased 16% to $28.6 million, driven by the diversification of its investment portfolio with higher returns.

Lemonade is yet to be profitable and is still scaling, though margins are improving and generating positive cash flows. Steady investment income thus reinforces Lemonade’s capital-light growth model, offering a reliable buffer that stabilizes results and helps offset volatility from underwriting cycles and fluctuating claims. With improved underwriting performance, investment income will prove to be a powerful component, driving growth for Lemonade.

What About Other Insurers?Travelers Companies’ (TRV - Free Report) investment income has been increasing, primarily driven by strong and reliable returns from its growing fixed income portfolio and higher returns from its non-fixed income portfolio. Travelers has 94% of its investments in fixed maturities and short-term investments, with equity securities, real estate investments and other investments accounting for 6%.

Chubb Limited (CB - Free Report) has been witnessing substantial improvement in net investment income, primarily reflecting higher reinvestment rates on fixed maturities. Chubb is predominantly a buy-and-hold fixed-income investor. Its investment income run rate should continue to grow, as the company reinvests the cash flow at higher rates.

LMND Price PerformanceShares of LMND have gained 117.8% year to date, outperforming the industry.

Image Source: Zacks Investment Research

LMND’s Expensive ValuationThe stock is overvalued compared to its industry. It is currently trading at a price-to-book multiple of 11.33, higher than the industry average of 2.58. It carries a Value Score of F.

Image Source: Zacks Investment Research

Estimates for LMNDThe Zacks Consensus Estimate for LMND’s fourth-quarter 2025 and first-quarter 2026 witnessed no movement in the past seven days. The same holds true for 2025 and 2026 earnings. 

Image Source: Zacks Investment Research

New 88,000-square foot facility represents a major investment in ability to produce revolutionary capability at scale and to meet the need for rapid delivery. 

, /PRNewswire/ -- Lockheed Martin (NYSE:LMT) has announced construction on a state-of-the-art facility that will support production of the Next Generation Interceptor (NGI) is nearing completion.

The 88,000-square-foot Missile Assembly Building-5 (MAB-5) is on track for completion by early 2026, with a formal grand opening to follow.

The 88,000-square-foot New Missile Assembly Building-5 (MAB-5) is on track for completion by early 2026, with a formal grand opening to follow.

This purpose-built facility is a critical piece of Lockheed Martin's commitment to delivering the NGI system to the Missile Defense Agency (MDA) with speed, reliability and precision. NGI is the future of homeland missile defense, designed to defeat evolving ballistic missile threats to the United States.

"We're building out nearly 100,000 square feet of manufacturing and production spaces in Courtland dedicated to the NGI program," said Johnathon Caldwell, vice president and general manager of Strategic and Missile Defense Systems at Lockheed Martin. "The new Missile Assembly Building represents a major investment in our ability to produce the NGI at scale and meet the government's need for rapid delivery."

Purpose-Built for Speed, Scale and Security

MAB-5 is designed with efficiency and repeatability in mind, incorporating best practices from high-reliability programs like the Terminal High Altitude Area Defense (THAAD) system. The NGI itself is designed for producibility, with a digital twin approach that helps reduce risk across the product lifecycle, from design through manufacturing to sustainment.

Lockheed Martin is applying decades of experience to its NGI production strategy, combining proven design and manufacturing techniques with next-generation digital engineering tools. The company has a strong legacy of delivering highly complex defense systems, and NGI continues that tradition.

Digital Engineering Drives Down Risk, Speeds Up Delivery

"Born digital," NGI leverages advanced modeling and simulation as part of its advanced engineering. It also means that Lockheed Martin has used advanced digital engineering tools and techniques to design, test and validate the system. This approach allows for:

Digital twin creation: A digital replica of the system is created, which can be used to simulate and analyze its behavior, performance and interactions.
Model-based systems engineering: The system is designed and optimized using digital models, which enables early detection and mitigation of potential issues.
Virtual testing and validation: The system is tested and validated using digital simulations, reducing the need for physical prototypes and minimizing the risk of errors.
Data-driven decision making: Data and analytics are used to inform design decisions, optimize performance and predict maintenance needs.
Increased collaboration: Digital tools enable real-time collaboration and communication among stakeholders, including designers, engineers and manufacturers.
"This capability was designed for performance, but more importantly, it was also designed for manufacturability, reliability and speed," Caldwell said. "As the backbone to a multilayered integrated national defense system, producing NGI at speed is paramount to the mission."

Economic Growth Opportunities

The Courtland site currently supports several Army, Navy and Missile Defense Agency programs and employs nearly 500 people. Approximately 100 of those employees will work in MAB-5 once it becomes fully operational.

"The next generation of our nation's defense systems will include critical capabilities built in Courtland, Alabama, by hardworking men and women who will bring their skill, ingenuity and pride to protecting our country," said U.S. Rep. Dale Strong. "This new state-of-the-art facility will speed up production, create good-paying jobs and help drive economic growth in the community. Projects like this show that Courtland's best days are still ahead."

Lockheed Martin's adjacent facility in Troy, Alabama, will also play a key role in NGI production, supporting hardware integration and large-scale manufacturing. Together, the Troy and Courtland campuses represent the core of Lockheed Martin's commitment to national missile defense and industrial readiness.

About Lockheed Martin

Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at www.Lockheedmartin.com. 

SOURCE Lockheed Martin

Ambarella, Inc. (AMBA) 53rd Annual Nasdaq Investor Conference December 9, 2025 11:00 AM EST

Company Participants

Fermi Wang - Co-Founder, President, CEO & Executive Chairman

Presentation

Unknown Analyst

Good afternoon, everybody. So happy to introduce today, Fermi Wang, the CEO of Ambarella, for maybe the sixth time at this conference -- several times.

Fermi Wang
Co-Founder, President, CEO & Executive Chairman

Several times over the years.

Question-and-Answer Session

Unknown Analyst

Yes. So I always appreciate you being here. And a really interesting time to see you. You've had a year. This has obviously been a big year around the edge AI theme. You guys have sort of pivoted and refocused a little bit. Edge AI is now 80% of your revenue. Can you just talk about where you are in big picture, where you've come from, and where you're going?

Fermi Wang
Co-Founder, President, CEO & Executive Chairman

Right. So first of all, I want to clarify one thing, which is that in my opinion, we're only building one technology, which is really edge AI technology for hardware and software. And this platform, hardware and software combination can serve many different applications, including automotive, including what we call IoT space on the IoT enterprise security, any new -- a lot of new application that we talk about drone, enterprise edge infrastructure. So in my mind, there are many market segment opportunity because of the edge AI technology will provide. So for me, we're going to continue to invest on the -- enable more and more edge AI application, particularly today is video plus AI plus low-power consumption. That's the focus of the company, and that will be the core of our revenue growth. Of course, that we are talking about moving to the edge infrastructure, maybe non-video data will become also a play in the future. But definitely today, we are focusing on any applications that can take advantage of our hardware and software platform.

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Massive Coinbase whale move makes Shytoshi Kusama speak out for the first time in three months.

Trading volume surged 19% above weekly averages as XLM consolidated around critical $0.25 support level.Updated Dec 10, 2025, 5:15 p.m. Published Dec 10, 2025, 5:15 p.m.

Stellar (XLM) edged higher over the past 24 hours, posting a 0.85% gain to $0.251 amid muted altcoin market activity.

The token underperformed the broader digital asset index by 0.45%, indicating XLM-specific dynamics drove price action rather than sector-wide momentum. Trading volume jumped 19.36% above the weekly average, suggesting accumulation despite modest price appreciation.

STORY CONTINUES BELOW

Price action revealed distinct two-phase trading on Wednesday. XLM consolidated around $0.251 through early afternoon before plunging to $0.2492, then recovering methodically to $0.2502.

In the absence of clear fundamental catalysts, technical levels around $0.25 became critical as institutional flows shaped price discovery. Elevated volume without corresponding momentum suggests a standoff between buyers and sellers around current levels.

This pattern typically precedes either consolidation breakouts or gradual accumulation phases. The outcome depends on whether institutional interest can overcome existing selling pressure at current levels.

XLM/USD (TradingView)

Key technical levels signal consolidation phase for XLMSupport/Resistance: Critical support holds at $0.2500 following multiple successful tests; resistance forms at $0.2578 after initial surge failure.

Volume Analysis: Peak institutional activity hits $0.2578 with 245% surge above 24-hour averages; volume exhaustion marks session end.

Chart Patterns: Volatile sideways consolidation spans $0.0081 range (3.2%); systematic decline through lower highs pattern.

Targets & Risk/Reward: Breakdown below $0.2500 triggers additional selling pressure; sustained hold above maintains bullish structure for breakout potential.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Invesco Galaxy files Form 8-A for its QSOL Solana ETF, signaling imminent trading as SOL price holds a multi-week range.

Izabela Anna2 min read

10 December 2025, 05:18 PM

The U.S. market appears ready for another Solana-based exchange-traded product as Invesco Galaxy moves closer to securing approval for trading on the Cboe BZX Exchange. The firm submitted a Form 8-A to the Securities and Exchange Commission, signaling that its Solana ETF may begin trading soon. This filing arrives during a period of expanding institutional interest in Solana exposure and growing competition among issuers. 

Invesco Galaxy Prepares Market Entry with QSOL ListingInvesco Galaxy advanced its product launch after updating its registration details last month. The firm outlined operational terms for its planned Solana ETF and confirmed that the product will list under the ticker QSOL. Besides regulatory progress, Invesco injected initial capital into the trust with a 4,000-share purchase worth $100,000. 

The filing includes finalized operational disclosures and an independent audit, which signals readiness for trading. Moreover, the move follows the recent debut of Franklin Templeton’s Solana ETF, which entered the market last week. Hence, a new listing could become the eighth Solana ETF available to U.S. investors.

SOL Price Trades Lower as Range PersistsSolana trades near $136 after a sharp daily decline. The token dropped more than 4% over the last 24 hours as the broader market faced pressure. Analyst Ali Martinez tracks a clear multi-week range between $124 and $145. He notes repeated rejections near the upper boundary. 

Price now sits near the middle of the range, which limits near-term momentum. Additionally, traders watch $134 as the next level that could determine direction. A loss of that level may expose $128 before another test of $124.

Source: X

Umair Crypto tracks a separate technical setup. He notes that Solana defended the $128 level twice and gained nearly 13% on the recent rebound. Momentum now strengthens above the 50-RSI. 

He sees a break above $150 as a potential spark for broader altcoin rotation. Moreover, he points to $176 as the next zone if Solana regains its 50-day moving average.

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Izabela Anna

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

Read more about

Latest Solana (SOL) News Today

TLDR: 

Subdued funding rates show Ethereum’s rally is advancing without excessive leverage, keeping momentum controlled.

Current market structure differs from earlier spikes, where aggressive funding increases signaled overheated conditions.

Spot accumulation drives the recovery, while derivatives participation remains cautious across major exchanges.

Room for further upside exists if stronger long-side demand emerges and funding rates begin to expand steadily.

Ethereum’s rally continues to attract market attention as fresh data shows that the derivatives market remains unusually calm. 

The recent recovery from the $2.8K region has progressed without the elevated leverage that previously marked sharp advances earlier in the year. Funding rates across major exchanges remain muted, indicating a measured market rather than one showing signs of overheating.

This environment offers a clearer view of how the current upswing is forming. Traders are active, yet speculative pressure has not surged to levels that tend to precede short-term peaks. 

With funding stable and spot accumulation driving most of the movement, Ethereum appears to be advancing with steadier momentum than in prior impulsive phases.

Subdued Funding Shapes a More Controlled ETH Market
According to data shared by CryptoQuant analyst @ShayanBTC7, the present funding landscape contrasts sharply with the conditions that fueled earlier price spikes this year. 

During those moves, funding surged as traders layered in heavy leverage, creating an environment that aligned with local tops and fast reversals.

Subdued Funding Rates Suggest Ethereum’s Rally Has Room

“The muted funding backdrop reflects a recovering market, not an overheated one. This leaves room for a more extended bullish leg if demand strengthens.” – By @ShayanBTC7

Link ⤵️https://t.co/1eGcdRcN8O

— CryptoQuant.com (@cryptoquant_com) December 10, 2025

Today’s backdrop is far more controlled. Even as Ethereum extends its bounce, funding remains far below previous overheated levels. 

This indicates that traders are not yet rushing into aggressive long positions. Instead, the market appears to be carried primarily by spot buying and moderate demand rather than speculative leverage.

The update from Shayan notes that this softer funding structure reflects a recovering market. With leverage not expanding rapidly, Ethereum is avoiding the type of crowding that has historically led to swift pullbacks during similar rallies.

Potential for Further Upside if Demand Strengthens
For Ethereum to replicate strong breakout phases observed earlier this year, funding rates may need to rise as traders begin to chase momentum. 

During previous rallies, increasing leverage accompanied advancing prices, helping fuel extended continuation moves. That pattern has not yet surfaced, which suggests untapped demand still sits on the sidelines.

Should demand expand, funding could begin to shift upward, creating conditions that often support wider continuation legs. 

Until then, the rally depends largely on spot-driven interest, leaving the trend orderly but sensitive to resistance if buyers hesitate.

However, the current muted funding backdrop leaves room for additional upside. 

With sentiment far from euphoric and leverage restrained, Ethereum holds space for further momentum if stronger participation begins to emerge in the derivatives market.

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Key points:

Buyers will have to drive Bitcoin above $94,589 to open the gates for a retest of the psychological level of $100,000.

Ether is showing strength, but several other major altcoins are struggling to sustain their rebound. 

Bitcoin (BTC) pulled back from $94,589 on Tuesday, but the bulls are striving to maintain the price above $92,000. Market participants will closely watch Fed Chair Jerome Powell’s news conference, as well as the dot plot of individual Fed officials’ rate expectations, on Wednesday.

While some analysts believe that a bottom is in, others believe the current relief rally is a dead-cat bounce, which is likely to be sold into. Pseudonymous analyst Colin Talks Crypto said in a post on X that BTC could plunge to the $74,000-$77,000 zone. 

Crypto market data daily view. Source: TradingViewThe near-term uncertainty in BTC’s price action has not deterred Michael Saylor’s Strategy from expanding its BTC treasury. Strategy purchased 10,624 BTC for about $962.7 million at an average price of $90,615 last week. That boosted Strategy’s total holding to 660,624 BTC bought at an average price of $74,696.

What are the crucial support levels to watch out for in BTC and major altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price predictionBTC closed above the 20-day exponential moving average ($91,583) on Tuesday, but the bulls failed to sustain the price above the $94,150 resistance.

BTC/USDT daily chart. Source: Cointelegraph/TradingViewIf the Bitcoin price turns up from the 20-day EMA and closes above $94,589, it signals the possibility of a rally to the breakdown level of $100,000. Sellers are expected to defend the $100,000 level with all their might, as a close above it could catapult the BTC/USDT pair to $107,000. Such a move suggests that the corrective phase may be over.

Instead, if the price turns down sharply and breaks below $87,719, it indicates that the bears continue to sell on rallies. The pair may then slide to $83,822.

Ether price predictionEther’s (ETH) recovery has reached the breakdown level of $3,350, indicating solid buying at lower levels.

ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA ($3,116) has started to turn up gradually, and the relative strength index (RSI) is in the positive territory, indicating that the bulls are attempting a comeback. A close above $3,350 clears the path for a rally to $3,659 and then to $3,918.

Sellers will have to pull the Ether price back below the 20-day EMA to retain the advantage. If they do that, it suggests that the $3,350 level has flipped into resistance. The ETH/USDT pair could then dive to $2,716.

XRP price predictionXRP (XRP) has been trading below the 20-day EMA ($2.12) for the past few days, but the bears have failed to sink the price to the support line of the descending channel pattern.

XRP/USDT daily chart. Source: Cointelegraph/TradingView
The bulls will try to strengthen their position by pushing the price above the 20-day EMA. If they succeed, the XRP/USDT pair could rally to the 50-day simple moving average ($2.26) and then to the downtrend line. 

On the contrary, if the XRP price turns down and breaks below $1.98, it suggests that the bears remain in control. The pair could slump to the support line of the channel and then to the $1.61 level. 

BNB price predictionBNB (BNB) has been witnessing a tough battle between the bulls and the bears at the 20-day EMA ($894).

BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe flattening 20-day EMA and the RSI just below the midpoint suggest a balance between supply and demand. The BNB/USDT pair could swing between $791 and $1,020 for a few days.

Buyers will have to propel the BNB price above the $1,020 level to indicate that the corrective phase may be over. The pair may then attempt a rally to $1,182. On the downside, a break below $791 could sink the pair to $730.

Solana price predictionBuyers are attempting to maintain Solana (SOL) above the 20-day EMA ($138), but the bears have held their ground.

SOL/USDT daily chart. Source: Cointelegraph/TradingViewThe flattening 20-day EMA and the RSI just below the midpoint suggest that the bearish momentum is weakening. If buyers clear the 20-day EMA resistance, the SOL/USDT pair could rise to the 50-day SMA ($154) and thereafter to $172. 

On the contrary, a break and close below the $126 support signals the resumption of the downward move. The Solana price could tumble to $110 and eventually to the solid support at $95.

Dogecoin price predictionBuyers have successfully defended the $0.14 support in Dogecoin (DOGE) but are struggling to maintain the price above the 20-day EMA ($0.15).

DOGE/USDT daily chart. Source: Cointelegraph/TradingViewIf the price turns down sharply from the 20-day EMA and breaks below $0.14, it signals that the bears remain in control. The Dogecoin price could then plummet to the Oct. 10 low of $0.10.

Alternatively, if buyers drive the price above the 20-day EMA, the DOGE/USDT pair could reach the 50-day SMA ($0.16). This is a critical level for the bears to defend, as a break above it clears the path for a recovery to $0.21

Cardano price predictionCardano (ADA) broke above the 20-day EMA ($0.44) on Tuesday, indicating that the selling pressure is reducing.

ADA/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls will attempt a comeback by pushing the Cardano price above the 50-day SMA ($0.51). If they can pull it off, the ADA/USDT pair could climb to $0.60 and thereafter to $0.70.

On the contrary, if the price turns down sharply from the breakdown level of $0.50 and skids below the 20-day EMA, it signals that the bears have flipped the level into resistance. The pair may then descend to the $0.37 level.

Bitcoin Cash price predictionBitcoin Cash (BCH) turned down from the $607 overhead resistance on Monday, indicating that demand dries up at higher levels.

BCH/USDT daily chart. Source: Cointelegraph/TradingViewThe bears are attempting to pull the Bitcoin Cash price below the 20-day EMA ($556). If they manage to do that, the BCH/USDT pair could slide to the 50-day SMA ($528) and then to $508.

Buyers will have to defend the 20-day EMA and propel the price above the $607 level to retain the advantage. The pair could then climb to $615 and subsequently to $651, where the bears are expected to step in.

Chainlink price predictionChainlink’s (LINK) recovery is facing selling at the 50-day SMA ($14.84), signaling that the bears are active at higher levels.

LINK/USDT daily chart. Source: Cointelegraph/TradingViewThe bulls are expected to defend the 20-day EMA ($13.79) on the way down, as a break below it could sink the LINK/USDT pair to the crucial support at $10.94.

If the price turns up from the 20-day EMA, the likelihood of a break above the 50-day SMA increases. If that happens, the Chainlink price could pick up momentum and rally to $16.90, followed by a move to $19.06. That suggests the pair may remain inside the large $10.94 to $27 range for some more time

Hyperliquid price predictionHyperliquid (HYPE) closed below the $29.37 support on Tuesday, but the lower levels are attracting buyers.

HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe RSI is showing early signs of forming a bullish divergence, indicating that the selling pressure is reducing. The HYPE/USDT pair is expected to gain strength if buyers push the price above the 20-day EMA ($32.53).

On the other hand, if the Hyperliquid price turns down from the current level or the 20-day EMA, it shows that the bears continue to sell on rallies. That increases the risk of a drop to the Oct. 10 low of $20.82.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Crypto markets have slid into the red zone, hours before the Federal Reserve’s meeting. Bitcoin fell 2.29% to $92,166 and Ethereum slipped 1.03% to $3,355. XRP dropped 4.95% to $2.06, while Solana and Dogecoin slid 5.58% and 4.77% to $136 and $0.145. BNB also eased 3.29% to around $894. Cardano fell to $0.462.

BlackRock’s $200M Bitcoin Move Raises Eyebrows

Market tension increased after reports that BlackRock sent more than 2,000 BTC, worth over $200 million, to Coinbase,  just before the Fed announcement. The unusual timing sparked speculation about the firm’s expectations for the FOMC outcome.

History Shows Bitcoin Often Drops After FOMC

Traders are nervous because Bitcoin has fallen after six of the last seven FOMC meetings. On average, BTC has dropped 0.70% in the 48 hours following each Fed decision this year. The only positive reaction was in May, when BTC briefly jumped 6.1%.

Technical Levels Break Down

Bitcoin failed to hold the important $93,000 support, triggering automated sell orders. Analysts say BTC is now at a major “make or break” level. If the Fed sounds hawkish, volatility could increase fast and Bitcoin could swing sharply in both directions.

Lower Rate-Cut Expectations Add Pressure

Markets have reduced their expectations for 2026, moving from four expected rate cuts to only two. This shift supports a stronger dollar and creates selling pressure on crypto.

XRP Feels the Impact Through RLUSD Declines

Ripple’s stablecoin RLUSD saw a 60% drop in adjusted transaction volume to $2.8 billion over the last 30 days. Active addresses also fell 28%. However, the circulating supply grew 23% to $1.3 billion, with most adoption happening on Ethereum rather than the XRP Ledger.

Lower RLUSD activity weakens demand for XRP as a bridge asset, though analysts say users may simply be shifting between chains.

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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Last updated: 

December 10, 2025

XRP whales have dumped a significant volume of tokens ahead of today’s FOMC meeting and may have delayed the token’s recovery. However, long-term holders are still not selling and continue to show the kind of commitment that favors a bullish XRP price prediction.

According to data from Santiment, whale wallets holding between 100 million and 1 billion XRP have sold nearly $600 million worth of tokens since December 5.

Meanwhile, since December 7, whales dumped over $100 million, showing that deep-pocketed investors are still selling even though the price has recovered.

This explains why XRP has struggled to move past the $2 mark. The token has accumulated a 5% in the past 7 days as the Federal Reserve prepares to make a decision on interest rates today.

Meanwhile, trading volumes have jumped by 60% in the past 24 hours, reaching nearly $4 billion. This accounts for 3% of the token’s circulating market cap and reflects a spike in trading activity ahead of the Fed’s interest rate decision.

XRP Price Prediction: XRP Could Fully Recover If It Breaks This Key ResistanceXRP needs to clear the $2.20 level to reverse its downtrend. The FOMC meeting could provide the necessary catalyst for this to happen, as traders will be reassured about what the future holds once Powell speaks.

Such a bullish breakout would also push XRP above its 200-day exponential moving average (EMA).

The Relative Strength Index (RSI) needs to rise past the mid-line and above the 14-day moving average as well. This is typically interpreted as confirmation that bullish momentum is accelerating.

If XRP breaks through its current resistance, the $3 level could be the first major target, backed by strong psychological significance and historical price action.

As broader sentiment improves, high-upside crypto presales like Bitcoin Hyper ($HYPER) could rally even harder.

With nearly $30 million raised in its ongoing presale, the project is bringing Solana’s technology to the Bitcoin blockchain.

Bitcoin Hyper ($HYPER) Supercharges BTC with Solana Speed – Early Investors Are Piling InBitcoin’s biggest strength is security, but its biggest weakness is speed.

That’s where Bitcoin Hyper ($HYPER) comes in.

This new Layer 2 solution uses Solana’s cutting-edge technology to fix Bitcoin’s biggest limitations, unlocking fast transactions, low fees, and full support for DeFi, meme coins, NFTs, and more.

The project is built around the Hyper Bridge, which lets BTC holders safely move funds onto the Hyper L2.

Once transferred, users instantly receive a 1:1 amount on the L2 network with near-instant finality.

This opens the door to a fast-growing ecosystem where BTC users can finally access staking, payments, and high-yield opportunities.

Bitcoin Hyper has already raised nearly $30 million from early investors who believe this will be the breakthrough that finally brings smart contracts to Bitcoin at scale.

As more top wallets and platforms integrate with Hyper L2, demand for its native token, $HYPER, is expected to surge.

To join the presale, visit the official Bitcoin Hyper website and connect a supported wallet like Best Wallet.

You can buy $HYPER using crypto or a bank card at the current price of $0.013375, before the next price rise in less than 32 hours.

Visit the Official Bitcoin Hyper Website Here

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TLDR:

ARB price remains near the $0.21–$0.25 support band, showing reduced volatility and early signs of seller exhaustion.

A move back above $0.25 may confirm a deviation and open a range-to-range advance toward the key $0.40 resistance zone.

Weekly chart structure displays tapering volume and compressed candles, supporting a possible stabilization phase after a long decline.

Arbitrum now leads Aave’s Layer 2 markets with over $2B in size, driven by growing ETH-based liquidity across the ecosystem.

ARB continues to trade near the lower end of its multi-week structure, yet ecosystem activity shows steady acceleration. 

While altcoins remain under pressure, Arbitrum has seen rising traction across decentralized finance, creating a contrast between market sentiment and network performance. Price action on the weekly chart suggests a stabilization phase, even as the asset trades under the $0.25 boundary.

The support zone between $0.21 and $0.25 has repeatedly absorbed sell-offs and continues to show signs of firmness.

Candle structures have narrowed and volatility has eased, which often occurs when downward momentum slows. As the token holds this area, market participants are assessing whether the recent breakdown represents temporary displacement rather than a structural shift.

ARB’s Technical Structure Points to a Possible Range Reclaim
Michaël van de Poppe noted that the current move under $0.25 resembles a deviation from the broader range rather than renewed weakness. 

According to his view, a return above that threshold could open the path toward a range-to-range advance targeting $0.40. Market behavior near the weekly support cluster appears consistent with this interpretation, as price continues to grind sideways after an extended decline.

The #Altcoin markets have been suffering, for sure.

However, $ARB has been continuously expanding its ecosystem as TVL has been rising significantly.

I think that we're in a deviation period on a TA basis.

That means anything under $0.25 is a deviation from the original range… pic.twitter.com/NJPLZ7mkxn

— Michaël van de Poppe (@CryptoMichNL) December 10, 2025

Volume conditions also align with a potential base-building phase. Trading activity has tapered, and the chart displays small-bodied candles with wicks on both ends. 

These patterns signal that sellers may be losing control, allowing buyers to re-enter gradually. If the token confirms a reclaim of the former range, $0.40 stands as the next major barrier, aligned with earlier breakdown levels and the declining weekly moving average.

Beyond that juncture, the chart carries a broader target zone between $0.80 and $0.95. 

This region reflects previous distribution, and it may attract heavier profit-taking if the market shifts toward recovery. Until then, holding the current support remains critical for preventing renewed downward pressure.

Expanding Ecosystem Activity Reinforces Network Stability
While price remains compressed, ecosystem indicators continue to strengthen. CryptoBusy reported that Arbitrum is now the largest Layer 2 network on Aave, exceeding $2B in market size. 

This expansion was driven mainly by WETH and ETH-based assets, including rETH and ezETH, which added about $450M over the month.

Arbitrum is now the largest L2 on Aave with over $2B in market size!

WETH and ETH derivatives like rETH and ezETH drove most of the growth, adding about $450M this month.@arbitrum is shaping up to be the leading liquidity hub for ETH based assets. pic.twitter.com/GYSFnWrdSA

— CryptoBusy (@CryptoBusy) December 10, 2025

Such liquidity growth contrasts with the subdued price environment. Network engagement continues to rise, positioning Arbitrum as a core venue for ETH-centric activity within DeFi. 

This momentum reinforces the platform’s underlying stability and provides broader context as investors monitor the technical structure.

Additionally, ARB generated $HYPE in DEX volume after flipping the $0.21 area, indicating sustained user activity despite the market downturn. 

As support continues to hold and the ecosystem expands, attention remains centered on whether the asset can reclaim the $0.25 range and set up a move toward $0.40.

TL;DR

Sei Network and Xiaomi finalized an alliance to pre-install the blockchain’s mobile app on every new smartphone sold by the brand.
The agreement removes the download-based adoption cycle and embeds native crypto infrastructure inside hardware that dominates markets in Europe, Latin America, Southeast Asia, and Africa.
The partnership includes a next-generation MPC wallet with support for user-to-user transfers and consumer-to-merchant payments.

Sei Network and Xiaomi closed a deal that installs the blockchain’s mobile application on all new Xiaomi smartphones, creating a direct distribution channel that reaches roughly 680 million active devices.

The agreement removes the traditional download-driven adoption model and places native crypto infrastructure inside hardware that already leads markets across Europe, Latin America, Southeast Asia, and Africa.

The alliance includes a pre-installed app featuring a next-generation wallet, a decentralized app discovery system, and support for both peer-to-peer transfers and consumer-to-business payments. It can be accessed through Google and Xiaomi accounts, enabling immediate entry without complex custody processes or seed phrases. The system uses MPC architecture to secure keys and provide fast, device-level operations.

Sei Launches a $5M Fund to Accelerate Mobile Use-Case Development
The rollout will be accompanied by a $5M global innovation fund designed to accelerate the development of mobile use cases on Sei. The goal is to attract teams capable of integrating payments, identity flows, and commerce functions into an infrastructure with sub-400 ms finality. Sei aims to build an ecosystem that can support high-volume activity while maintaining predictable costs for everyday operations.

The next phase of the agreement aims to deploy stablecoin payments across Xiaomi’s ecosystem. The plan covers transactions in USDC and other assets native to Sei, starting in Hong Kong and the European Union in 2026, with further expansions dependent on local regulations. The system will allow users to purchase Xiaomi products—including smartphones and electric vehicles—through a setup that connects the Sei network with more than 20,000 physical stores and digital channels.

The scale of the rollout will redefine access to onchain applications. A user will receive a phone with a live wallet, a list of verified apps, and an integrated payment route from day one. Direct presence in the hardware creates a new standard: instead of searching for a crypto app, the user finds it already installed at first boot. For Sei, this marks the first opportunity to operate in front of hundreds of millions of users beyond the crypto-native market.

Bitcoin

price analysis

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Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

Part of the Team Since

Jun 2025

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

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Last updated: 

December 10, 2025

PNC Bank, the sixth-largest commercial bank in the United States, has launched direct spot Bitcoin trading for eligible private bank clients, becoming the first major U.S. bank to offer native Bitcoin exposure.

Crypto analysts say the domino effect of this direct custody could positively impact the trajectory of the Bitcoin price prediction.

U.S Banks Break Down Barriers to Bitcoin AccessThe new PNC bank service enables qualified private banking clients to purchase, hold, and sell Bitcoin without relying on external cryptocurrency exchanges.

Today marks a major milestone for institutional crypto adoption.@Coinbase’s Crypto-as-a-Service platform is now powering @PNCBank’s launch of direct bitcoin trading for PNC Private Bank clients – the first to market with such an offering among the major U.S. banks. pic.twitter.com/wwuOIRuBfK

— Coinbase Institutional 🛡️ (@CoinbaseInsto) December 9, 2025
This development follows a crucial regulatory milestone from the Office of the Comptroller of the Currency, which recently confirmed that national banks may conduct riskless principal crypto-asset transactions.

The decision permits U.S. banks to function as intermediaries in crypto trades by simultaneously buying from one customer and selling to another without maintaining inventory.

Last week, Bank of America authorized its 15,000 wealth management advisers to recommend 1%–4% crypto allocations for client portfolios, signaling a broader institutional embrace of mainstream Bitcoin exposure.

In October, Citibank announced plans to launch crypto custody services in 2026, after developing the infrastructure over two to three years.

Meanwhile, Cryptonews reported in September that BNY Mellon is advancing toward offering custody services for Bitcoin and Ethereum, specifically targeting exchange-traded product clients.

If other major banks replicate PNC’s approach, BTC could establish stronger support levels in the coming months and position itself for a further push toward the $100,000–$130,000 range heading into 2026.

Bitcoin Price Prediction: Breakout Targets $105K, $110K, $120KBitcoin is attempting to escape a multi-week descending channel after defending critical support near $83,000.

The recent bounce pushed the price back above the 9-day simple moving average, demonstrating early momentum, though it remains near the channel’s upper boundary.

The RSI has climbed out of oversold territory and is now approaching the mid-50s, indicating recovering bullish momentum following a prolonged downtrend.

Source: TradingViewIf Bitcoin closes decisively above the descending channel and maintains support above $90,000–$92,000, charts suggest upside continuation toward resistance clusters at $105,000, $110,000, and potentially $120,000.

However, failure to sustain this breakout zone risks a retest of $83,000 support.

This New Meme Coin Raised $4.3M Fast – Is It the Next Dogecoin?As Bitcoin gears up for its next major move, early-stage projects like Maxi Doge ($MAXI) are quickly gaining traction among investors looking for high-upside plays.

Inspired by Dogecoin’s explosive 1,000x rally, $MAXI is building a high-energy community where traders share alpha, early setups, and hidden gems before they go mainstream.

Since launching only a few months ago, the presale has already pulled in over $4.3 million, with strong momentum.

This could be one of the cycle’s most relatable, community-first opportunities, and early backers still have time to get in before the next price increase kicks in.

To buy early, visit the official Maxi Doge website and connect a crypto wallet like Best Wallet.

You can swap existing crypto or use a bank card to make the purchase in seconds.

Visit the Official Maxi Doge Website Here

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SpaceX moved another 1,021 bitcoin on Wednesday, worth about $94.5 million.

The transfer was split between two unlabeled addresses via Coinbase Prime custody. One address received 614 BTC, the other 407 BTC.

This marks the ninth such transfer by SpaceX this year. Recent movements total around 8,910 BTC, valued near $924 million. Analysts say the company is consolidating its holdings and upgrading from legacy bitcoin addresses. 

SpaceX’s bitcoin holdings were tagged on-chain by Arkham Intelligence. The company currently controls about 3,991 BTC, worth roughly $367 million at current prices. Holdings have fluctuated over the past several years. 

The total once peaked above $1.6 billion during the 2021 bull market. In mid-2022, SpaceX reportedly reduced its stake by about 70% after shocks from the Terra-Luna collapse, FTX bankruptcy, and market-wide turbulence.

SpaceX has made no public statement about the transactions. Tesla, another Elon Musk-run company, currently holds 11,509 BTC, worth about $1.24 billion.

The bitcoin reshuffle comes as SpaceX advances plans for a massive initial public offering. Bloomberg reported the company aims to raise more than $30 billion in its IPO. The target valuation is near $1.5 trillion, potentially surpassing Saudi Aramco’s record $29 billion fundraise in 2019.

SpaceX’s IPO could take place as early as mid-to-late 2026. Sources say the timing could slip into 2027 depending on market conditions. If successful, it would be the largest listing in history by valuation.

The offering would give investors exposure not only to rockets, satellites, and Starlink internet services but also to SpaceX’s crypto holdings. Musk’s companies were among the earliest institutional bitcoin adopters. 

SpaceX has also used dogecoin to fund its DOGE-1 lunar mission, highlighting Musk’s influence in crypto markets.

Prediction market data show growing confidence in SpaceX’s valuation. Polymarket traders assign a 67% probability that the IPO will exceed a $1 trillion market cap. 

The IPO could provide capital for Starlink expansion, space-based data centers, and other ventures intersecting with AI and crypto infrastructure, according to Bloomberg.

Analysts note the on-chain reshuffle aligns with the company’s broader treasury strategy. Moving funds to modern addresses can reduce transaction costs, improve security, and consolidate management of multiple wallets.

Most of SpaceX’s remaining bitcoin is expected to be migrated as the consolidation completes.

Micah Zimmerman

Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.

Key NotesTwenty One Capital (XXI) enters public markets with a substantial 43,514 BTC treasury valued at more than $4 billion.Backed by Tether, Bitfinex, and SoftBank, Twenty One Capital is still in the early stages of building Bitcoin-focused financial infrastructure.CEO Jack Mallers said that they are not a pure Bitcoin treasury vehicle like Strategy (MSTR) and plans to develop revenue-generating BTC-only services.
On December 9, Bitcoin

BTC
$92 394

24h volatility:
1.7%

Market cap:
$1.84 T

Vol. 24h:
$42.97 B

Treasury firm Twenty One Capital made its debut on the New York Stock Exchange (NYSE), and is trading under the ticker XXI.

This latest public listing comes following its merger with Cantor Equity Partners. Following this merger, the company had a stash of a massive 43,514 BTC, worth over $4 billion.

This makes it the third-largest BTC holder after Michael Saylor’s Strategy (MSTR) and Bitcoin Miner MARA Holdings Inc.

Despite the strong balance-sheet positioning, XXI’s market debut saw heavy selling pressure. Shares traded around $11 throughout the session, significantly below Cantor Equity Partners’ final pre-merger closing price of approximately $14.

Bitcoin Treasury Firm Makes Poor NYSE Debut
The poor NYSE debut of Twenty One Capital (XXI) is in line with the trend seen across other Bitcoin-treasury-backed listings this year.

Most of the new issuers have frequently opened below their pre-merger reference prices amid a softer Bitcoin market and narrowing premiums across the sector.

Twenty One Capital enters public markets with backing from Tether, Bitfinex, and a minority investment from SoftBank. The management has also announced plans to develop financial infrastructure and education products centered on Bitcoin. However, they are still in the early stages of development.

Investors are now paying close attention to whether companies with large Bitcoin holdings are operationally strong and have clear growth drivers. Balance-sheet-heavy profiles are being scrutinized more carefully, especially when tied to crypto exposure.

As a result, firms with leveraged Bitcoin bets that also need to show steady revenue are facing challenges on Wall Street. Even the largest Bitcoin treasury holder, Strategy, has seen its stock price drop more than 51% over the past six months.

Taking a Different Approach From Strategy (MSTR)
During his interview with CNBC on December 9, after the NYSE debut, Twenty One Capital rejected comparisons between his firm and other pure BTC treasury companies like Strategy (MSTR).

He added that in addition to buying and holding Bitcoins, Twenty One Capital plans to launch products along with other “utility services” associated with BTC.

“We look at a Coinbase and don’t think they’re a Bitcoin business. They’re a crypto business. We look at Strategy that’s focused on Bitcoin but doesn’t have products or cash flow in the industry. We want to live in the intersection of that,” said Mallers.

Digital asset treasury (DAT) firms have been finding it increasingly difficult to raise fresh capital in the recent macro setup. “We are in an environment now where DATs need to show material differentiation to warrant the mNAV multiples they were trading at earlier in 2025,” said John Todaro, senior research analyst at Needham, to Reuters.

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

Cryptocurrency News, News

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan Akolkar on X

American Express Company (AXP) Goldman Sachs 2025 U.S. Financial Services Conference December 10, 2025 9:20 AM EST

Company Participants

Stephen Squeri - Chairman & CEO

Conference Call Participants

Ryan Nash - Goldman Sachs Group, Inc., Research Division

Presentation

Ryan Nash
Goldman Sachs Group, Inc., Research Division

All right. Up next, we're excited to have American Express joining us once again. Amex continued to deliver strong top line growth through increased customer acquisition, benefits from product refreshes, including its biggest product, the U.S. Platinum Card, and it continues to leverage its best-in-class brand. Here to tell us more about the American Express story is Chairman and CEO, Steve Squeri. Steve, thank you once again for joining us.

Stephen Squeri
Chairman & CEO

My pleasure.

Question-and-Answer Session

Ryan Nash
Goldman Sachs Group, Inc., Research Division

So maybe let's kick it off 2025 has been another outstanding year for Amex. You're on track to generate 9% to 10% revenue growth, mid-teens EPS growth. And as I noted, you successfully refreshed your biggest product or in the process of it. With that as a backdrop, maybe reflect on this year, what were the biggest achievements? And more importantly, how do you think this positions the company to succeed as we look ahead?

Stephen Squeri
Chairman & CEO

Good. Well, pleasure to be here again. Let me start. I mean, this year was an important year for us. It was our 175th year anniversary. So I'm going to take the 35 minutes and go through all 175 years. I mean if you look at this company over that period of time, it's a company that's been built on trust, service and security. It is a company that has constantly innovated. We started as FedEx before FedEx was FedEx and now we are the premium card provider in the industry. And I think that's an important -- that innovation piece is

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InterDigital, Inc. (IDCC) 53rd Annual Nasdaq Investor Conference December 10, 2025 9:30 AM EST

Company Participants

Richard J. Brezski - Executive VP, CFO & Treasurer

Presentation

Unknown Analyst

All right. We're going to go ahead and get started. So I'm so excited to have Rich with me here today from InterDigital. And I have to give a small anecdotes that I've been with NASDAQ for 15 years. And in my junior life, I covered InterDigital at NASDAQ, took a 5-year break to go run a different business at NASDAQ and just came back. And wow, were you guys successful over the last 5 years? I pull this doc chart and you guys have been busy. So it was fun to come back and see -- I need a recap on what you guys have been up to because it clearly is paying off. So I'm very excited to have a conversation today and to learn about everything that I've missed.

Question-and-Answer Session

Unknown Analyst

So for those less familiar with your success, can you give us an overview on InterDigital? And given your tenure, I'd love to hear more about how you've seen InterDigital change over the years and how the current organization differs from the 2000s.

Richard J. Brezski
Executive VP, CFO & Treasurer

Yes. So I'm Rich Brezski, CFO at InterDigital. And InterDigital, if you take nothing away from today's discussion, please understand that we're a research company. A lot of times, people refer to us as a patent licensing company. And it's true, we make our money by licensing the patents that were generated by InterDigital researchers. But we generate almost all the patents in-house. We've been doing that since 1972. So we have a long history, originally around digital telephony. That was the first couple of decades. But then we expanded -- before the pandemic, we acquired Technicolor's entire research team in

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, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to James Hardie Industries plc ("James Hardie" or the "Company") (NYSE: JHX) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN JAMES HARDIE INDUSTRIES PLC (JHX), CLICK HERE BEFORE DECEMBER 23, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

 What Is The Lawsuit About?
The complaint filed alleges that, between May 20, 2025 and August 18, 2025, Defendants failed to disclose to investors that: (1) sales in James Hardie's largest business segment were experiencing inventory loading by channel partners, with the hallmarks of fraudulent channel stuffing, and not sustainable customer demand as represented; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

ABU DHABI, United Arab Emirates and NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) -- KraneShares, a global asset management firm known for delivering differentiated access to China, climate, and emerging technologies, today announced that two of its flagship exchange-traded funds—the KraneShares CSI China Internet ETF (KWEB) and the KraneShares Global Carbon Strategy ETF (KRBN) — have officially cross-listed on the Abu Dhabi Securities Exchange (ADX) and the New York Stock Exchange (NYSE).

This milestone marks the first time U.S.-domiciled ETFs have been cross-listed in the Gulf Cooperation Council (GCC) and on ADX1, expanding investor access across one of the world’s fastest-growing capital markets.

A Landmark for Global Market Connectivity

KWEB, the largest U.S.-listed China ETF2, and KRBN, the global benchmark ETF for cap-and-trade carbon allowances, are now directly accessible to regional investors through ADX. This cross-listing reinforces Abu Dhabi’s role as a gateway for global capital and highlights the increasing connectivity between U.S. and Gulf financial markets.

“This is a transformational step for regional investors seeking global exposure through world-class ETFs,” said Jonathan Krane, CEO of KraneShares. “Cross-listing KWEB and KRBN on ADX not only expands access across the GCC but also strengthens financial bridges between the U.S., China and the Middle East.”

ADX Welcomes First-Ever U.S. ETF Cross-Listings

Abdulla Salem Alnuaimi, Group Chief Executive Officer of the Abu Dhabi Securities Exchange (ADX) Group, said: “This milestone reflects the continued strengthening of Abu Dhabi’s role within the global financial landscape. Listing US securities on the ADX demonstrates the confidence international partners place in our market infrastructure, regulatory robustness, and deepening liquidity. These ETF listings also serve as a meaningful bridge connecting the UAE with both the US and Chinese capital markets. As we expand our collaboration with leading global exchanges, we remain committed to enhancing market access, broadening investment opportunities, and supporting Abu Dhabi’s long-term vision for a dynamic, resilient, and globally connected capital market.”

NYSE Recognizes Cross-Border ETF Milestone

“KraneShares has long been an important member of the NYSE ETF community and seeing two NYSE-listed ETFs expand their global footprint through a cross-listing on ADX underscores the growing interconnectedness of global capital markets,” said Jon Herrick, Chief Product Officer, NYSE Group. “We are thrilled to support initiatives that enhance access, deepen liquidity, and bring leading U.S.-listed products to investors around the world.”

Strategic Access to Two High-Growth Themes

KWEB – China’s Digital Economy Leader:
Provides direct exposure to China’s leading internet and technology platform companies, offering exposure to innovation across e-commerce, fintech, AI, cloud computing, online entertainment, and logistics.KRBN – Global Carbon Markets in One ETF:
Provides diversified exposure to the world’s major cap-and-trade carbon allowance markets—including the EU ETS, California's Cap-and-Invest, the Northeastern U.S’s Regional Greenhouse Gas Initiative (RGGI), Washington State’s Cap and Invest, and the U.K. ETS—allowing investors to participate in the expansion of regulated carbon markets worldwide. About KraneShares

KraneShares delivers research-driven, high-conviction investment strategies that connect investors to some of the world’s most powerful growth themes. From China’s dynamic capital markets to climate, disruptive technologies, alternatives, and fixed income, the firm aims to help investors position portfolios for the future. By combining innovative products, deep expertise, and trusted global partnerships, KraneShares provides solutions designed to capture the megatrends reshaping the global economy.

About Abu Dhabi Securities Exchange (ADX)

ADX is a market for trading securities, including shares issued by public joint stock companies, bonds issued by governments or corporations, exchange traded funds, and any other financial instruments approved by the UAE Securities and Commodities Authority (SCA). ADX is the second largest market in the Arab region and its strategy of providing stable financial performance with diversified sources of incomes is aligned with the guiding principles of the UAE “Towards the next 50” agenda. The national plan charts out the UAE’s strategic development scheme which aims to build a sustainable, diversified and high value-added economy that positively contributes to transition to a new global sustainable development paradigm.

Carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. This and other information is contained in the Fund’s full and summary prospectus Read the prospectus carefully before investing.
For additional information, the Funds’ full and summary prospectus may also be obtained by visiting https://kraneshares.com/.

General risks
Investing involves risk, including possible loss of principal. There is no assurance the Fund will achieve its investment objective. Indices are unmanaged, do not reflect fees or expenses, and cannot be invested in directly. This material is for illustrative, educational and informational purposes only, does not constitute research or investment advice, and is not a recommendation to buy or sell any security, strategy or product. Views are as of the date indicated, may change without notice, and are not a guarantee of future results.
There can be no assurance that a Fund will achieve its stated objectives. One cannot invest directly in an index. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

ETF and trading risks
ETF shares are bought and sold on an exchange at market price, not at NAV, and are not individually redeemable from the Fund. Only Authorized Participants may create or redeem shares directly with the Fund in large blocks. Trading prices may be above (premium) or below (discount) NAV, and brokerage commissions and other trading costs will reduce returns. Liquidity, trading volume and market conditions may affect the market price of the shares.
Shares may trade at a premium or discount to their NAV in the secondary market. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer ("NBBO") as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.
The KraneShares ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub-advisers for the Funds.

Principal strategy risks – KWEB & KRBN
Each Fund is non‑diversified and may invest a larger portion of its assets in fewer issuers or sectors, which may increase risk. Each Fund may invest in derivatives, which may be more volatile than other investments and can magnify gains or losses. Derivatives are subject to leverage, liquidity and counterparty risk, and may incur losses that are disproportionate to changes in the value of the underlying asset. Each Fund is also subject to liquidity risk, including the risk that certain securities may be difficult to buy or sell at a reasonable price and time.

Principal strategy risks – KWEB
The Fund’s ability to achieve its objective depends in part on access to China A‑shares and any applicable quota or access regimes. Political, economic and social developments in China and other Emerging Markets may adversely affect the Fund, and emerging markets generally involve greater volatility, lower liquidity and higher risks than developed markets.
A-Shares are issued by companies in mainland China and traded on local exchanges. They are available to domestic and certain foreign investors, including QFIs and those participating in Stock Connect Programs like Shanghai-Hong Kong and Shenzhen-Hong Kong. Foreign investments in A-Shares face various regulations and restrictions, including limits on asset repatriation. A-Shares may experience frequent trading halts and illiquidity, which can lead to volatility in the Fund’s share price and increased trading halt risks. The Chinese economy is an emerging market, vulnerable to domestic and regional economic and political changes, often showing more volatility than developed markets. Companies face risks from potential government interventions, and the export-driven economy is sensitive to downturns in key trading partners, impacting the Fund. U.S.-China tensions raise concerns over tariffs and trade restrictions, which could harm China’s exports and the Fund. China’s regulatory standards are less stringent than in the U.S., resulting in limited information about issuers. Tax laws are unclear and subject to change, potentially impacting the Fund and leading to unexpected liabilities for foreign investors. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values.
The Fund may invest in IPOs and smaller companies, which typically exhibit higher volatility and limited trading history. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration.

Principal strategy risks – KRBN
The Fund invests primarily in carbon allowance futures and other derivatives, which can be more volatile than direct investments in securities and may amplify gains and losses. The Fund’s strategy depends on the continued existence and effectiveness of cap-and-trade and carbon allowance regimes. There is no assurance that these markets will continue, remain liquid or achieve their policy goals. Regulatory or legislative changes, the development of new technologies, or changes in the cost of emissions reduction may adversely affect carbon prices and the value of the Fund’s investments.
The Fund invests through a wholly owned Cayman Islands subsidiary and is indirectly exposed to the risks of the subsidiary’s investments. The subsidiary is not registered under the U.S. Investment Company Act of 1940, and therefore the Fund does not receive all the protections of that Act. The Fund and the subsidiary are treated as commodity pools and are subject to regulation under the Commodity Exchange Act and CFTC rules, which may increase costs and constrain the use of certain instruments. Futures and other contracts may have to be liquidated at disadvantageous times or prices to prevent the Fund from exceeding any applicable position limits established by the CFTC. The value of a commodity-linked derivative investment typically is based upon the price movements of a physical commodity and may be affected by changes in overall market movements, volatility of the Index, changes in interest rates, or factors affecting a particular industry or commodity.
The Fund is subject to interest rate risk, which is the chance that bonds will decline in value as interest rates rise. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration.

Derivatives and counterparty risk – KWEB & KRBN
The Fund may invest in derivatives, including futures/forward contracts, swaps, and options, which are often more volatile than other investments and may magnify the Fund’s gains or losses. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Funds are subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause the Fund to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.

ADX cross‑listing / UAE-specific disclosure

Carefully consider the Fund’s investment objectives, risks, charges and expenses before investing. This and other information is contained in the Fund’s full and summary prospectus, available at https://kraneshares.com/. Read the prospectus carefully before investing.
ETFs cross-listed on the Abu Dhabi Securities Exchange (ADX) are securities traded on ADX that represent shares of the underlying KraneShares ETF. Neovision Wealth Management Limited (NWM) serves as the Listing Adviser and Oceane Invest acts as the Market Maker for these ETFs cross-listed on ADX. Investing in ETFs cross-listed on ADX involves risk, including risks related to secondary-market liquidity, market volatility, and potential differences between the market price of the Units and the net asset value (NAV) of the underlying ETF.
Investors should carefully review all available offering documents and disclosures provided through ADX and the UAE Securities and Commodities Authority (SCA), with particular attention to the objectives, policies, risk factors, fees, expenses and charges. KraneShares does not sell or distribute investment products in the UAE. For information on investing or redeeming ETFs cross-listed on ADX, investors should contact their licensed broker or the relevant ADX trading member with whom they maintain an account. ETFs cross-listed on ADX are available only to investors eligible under applicable SCA regulations.

_______________________
1 Kahn, Darmad “ADX signs pact with New York Stock Exchange to explore dual listings”, The National News, November 16, 2023 retrieved November 24, 2025
2 Data from Bloomberg as of October 31, 2025

Contact:
KraneShares Investor Relations
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2481d674-f77a-45f4-8837-4d434be633bf

Alphabet's Google is set to be hit with a potentially large EU fine early next year if it does not do more to ensure that its app store complies with EU rules aimed at ensuring fair access and competition, people with direct knowledge of the matter said.

Given the muted oil outlook for 2026, now may be an ideal time for investors to diversify their energy exposure.

With consensus pointing toward an oil supply surplus next year, investors expect prices to remain muted. “Typically, it is very difficult for energy stocks to do well if oil prices aren’t doing much,” Stacey Morris, head of energy research at VettaFi, said during the 2026 Market Outlook Symposium on December 9.

Considering the unpredictable nature of an eventual improvement in oil sentiment and the volatile, weather-dependent prices of natural gas, investors may consider investment opportunities in energy beyond traditional oil and gas producers.

A Modern Energy Strategy for Income and Growth
Therefore, Morris outlined a strategy to capture yield and growth through energy infrastructure and nuclear power.

Midstream MLPs could serve as the defensive anchor for 2026 energy portfolios. Unlike other energy segments which are totally dependent on commodity prices, midstream operators utilize fee-based business models. Midstream equities are currently offering attractive yields backed by strong free cash flow and consistent dividend growth. 

Beyond income, midstream assets are critical to the AI revolution. As data centers drive a significant increase in electricity demand, the pipelines required to transport natural gas to power plants have become crucial infrastructure.

The Alerian MLP ETF (AMLP) tracks the Alerian MLP Infrastructure Index (AMZI), a cap-weighted composite of energy infrastructure MLPs. AMZI was yielding 7.7% as of December 8.

Complementing the income from midstream is the growth potential of nuclear energy. Morris identified nuclear as a primary beneficiary of the tech sector’s hunt for reliable, carbon-free baseload power.

Investors seeking exposure to this ecosystem may consider the Range Nuclear Renaissance Index ETF (NUKZ), which is based on the Range Nuclear Renaissance Index (NUKZX). The index is designed to track companies driving this expansion. This includes companies involved in advanced reactors, utilities, construction and services, and fuel. 

By combining the fee-based stability of midstream with the structural growth of nuclear, advisors can build an energy allocation that is not reliant on oil prices. 

Looking for midstream insights in your inbox? Subscribe here to keep a pulse on midstream investing through our weekly updates.
For more news, information, and analysis, visit the Energy Infrastructure Content Hub.

vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for AMLP and NUKZ, for which it receives an index licensing fee. However, AMLP and NUKZ are not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of AMLP and NUKZ.

Earn free CE credits and discover new strategies

LOS ANGELES--(BUSINESS WIRE)--LA Kings Announce a Multi-Year Partnership with Twilio.

LOS ANGELES, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming January 23, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired StubHub Holdings, Inc. (“StubHub” or the “Company”) (NYSE: STUB) common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s September 2025 initial public offering (“IPO” or the “Offering”).

IF YOU SUFFERED A LOSS ON YOUR STUBHUB INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On September 17, 2025, StubHub conducted its IPO, selling approximately 34 million shares of Class A common stock at $23.50 per share.

On November 13, 2025, after the market closed, StubHub issued a press release announcing financial results for the third quarter 2025, which ended September 30, 2025. The press release revealed free cash flow of negative $4.6 million in the quarter, a 143% decrease from the Company’s free cash flow in the year ago period, which was positive $10.6 million. The press release further revealed the Company’s net cash provided by operating activities was only $3.8 million, a 69.3% decrease from the year ago period, where the Company reported $12.4 million in net cash provided by operating activities.

On the same date, the Company filed its Form 10-Q for the same quarterly period ended September 30, 2025, with the SEC. The quarterly report revealed that this year-over-year decrease “primarily reflects changes in the timing of payments to vendors.”

On this news, StubHub’s stock price fell $3.95 per share, or 20.9%, to close at $14.87 per share on November 14, 2025, on unusually heavy trading volume.

By the commencement of this action, the Company’s stock was trading as low as $10.31 per share, a nearly 56% decline from the $23.50 per share IPO price.

What Is The Lawsuit About?
The complaint filed in this class action alleges that Registration Statement was materially false and/or misleading, and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company was experiencing changes in the timing of payments to vendors; (2) those changes had a significant adverse impact on free cash flow, including trailing 12 months (“TTM”) free cash flow; (3) as a result, the Company’s free cash flow reports were materially misleading; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

If you purchased or otherwise acquired StubHub common stock pursuant and/or traceable to the IPO, you may move the Court no later than January 23, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Baxter International, Inc. (“Baxter” or “the Company”) (NYSE: BAX) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Baxter securities between February 23, 2022 and October 29, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/BAX.

Case Details

The Complaint alleges that throughout the Class Period, Defendants misled investors by failing to disclose that:

the Novum LVP suffered systemic defects that caused widespread malfunctions, including underinfusion, overinfusion, and complete non-delivery of fluids, which exposed patients to risks of serious injury or death; Baxter was notified of multiple device malfunctions, injuries, and deaths from these defects; Baxter's attempts to address these defects through customer alerts were inadequate remedial measures, when design flaws persisted and continued to cause serious harm to patients; as a result, there was a heightened risk that customers would be instructed to take existing Novum LVPs out of service and that Baxter would completely pause all new sales of these pumps; and based on the foregoing, Baxter's statements about the safety, efficacy, product rollout, customer feedback and sales prospects of the Novum LVPs were materially false and misleading. What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/BAX. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Baxter you have until December 15, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]