Market Signal Briefing

December 01, 2025 01:00 ET

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Addex Therapeutics

Geneva, Switzerland, December 1, 2025 - Addex Therapeutics (SIX and Nasdaq: ADXN), a clinical-stage biopharmaceutical company focused on developing a portfolio of novel small molecule allosteric modulators for neurological disorders, today announced that it will report its Third Quarter 2025 Financial Results on December 4, 2025. Tim Dyer, CEO and Mikhail Kalinichev, Head of Translational Science, will provide a business update and review of the Addex product pipeline during a teleconference and webcast for investors, analysts and media at 16:00 CET (15:00 BWT / 10:00 EDT / 07:00 PDT) on December 4, 2025

Title:  Addex Therapeutics Reports Q3 2025 Financial Results and Provides Corporate Update
Date: December 4, 2025
Time: 16:00 CET (15:00 BWT / 10:00 EDT / 07:00 PDT)

Joining the Conference Call:

Participants are required to register in advance of the conference using the link provided below. Upon registering, each participant will be provided with Participant Dial-in numbers, and a unique Personal PIN.In the 10 minutes prior to the call’s start time, participants will need to use the conference access information provided in the e-mail received at the point of registering. Participants may also use the call me feature instead of dialing the nearest dial in number. Webcast registration link : Registration webcast

Conference call registration link : Registration conference media

About Addex Therapeutics

Addex Therapeutics is a clinical-stage biopharmaceutical company focused on developing a portfolio of novel small molecule allosteric modulators for neurological disorders. Addex’s lead drug candidate, dipraglurant (mGlu5 negative allosteric modulator or NAM), is under evaluation for future development in brain injury recovery, including post-stroke and traumatic brain injury recovery. Addex’s partner, Indivior, has selected a GABAB PAM drug candidate for development in substance use disorders and has successfully completed IND enabling studies. Addex is advancing an independent GABAB PAM program for chronic cough. Addex holds a 20% equity interest in a private spin out company, Neurosterix LLC, which is advancing a portfolio of allosteric modulator programs, including M4 PAM for schizophrenia, psychosis and mood-related disorders and mGlu7 NAM for mood disorders. In addition, Addex has invested in Stalicla, a private Swiss company pioneering a precision medicine approach for neurodevelopmental and neuropsychiatric disorders.
Addex shares are listed on the SIX Swiss Exchange and American Depositary Shares representing its shares are listed on the NASDAQ Capital Market, and trade under the ticker symbol “ADXN” on each exchange. For more information, visit www.addextherapeutics.com

  Contacts: 

Addex Forward Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including statements about the intended use of proceeds of the offering. The words “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release, are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, uncertainties related to market conditions. These and other risks and uncertainties are described in greater detail in the section entitled “Risk Factors” in Addex Therapeutics’ Annual Report on Form 20-F, prospectus and other filings that Addex Therapeutics may make with the SEC in the future. Any forward-looking statements contained in this press release represent Addex Therapeutics’ views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. Addex Therapeutics explicitly disclaims any obligation to update any forward-looking statements.

December 01, 2025 01:00 ET

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MBAK Energy Solutions Inc

SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 01, 2025 (GLOBE NEWSWIRE) --

MBAK Energy Solutions, Inc. (OTC:MBAK) (f/k/a Alternet Systems, Inc.) completed all regulatory processes to change the company’s ticker symbol from ALYI to MBAK on the OTCID market. This change became effective on 28 November 2025 where the company is now listed as OTC:MBAK.

MBAK Energy Solutions, Inc. is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. The company has expertise in the design and production of lithium, sodium, and solid state batteries for industrial, medical, portable electronics, and EV applications.

Contact: [email protected]

Website: www.mbakcorp.com

Disclaimer/Safe Harbor: Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alphabet is uniquely positioned in the AI infrastructure race.

While it may seem that investors' views on Alphabet (GOOGL +0.07%) (GOOG 0.05%) and its future as an artificial intelligence (AI) leader changed overnight, it has been working behind the scenes for more than a decade to put itself in its current position. However, the company is just starting to benefit from the edge it has developed in AI infrastructure and cloud computing, and its lead is likely going to widen from here, making it the stock to own for the next phase of AI infrastructure.

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Alphabet has actually been working on AI since 2011, when it founded a research lab called Google Brain. Here it developed its deep learning TensorFlow framework, which today is used for training large language models (LLMs) and running inference within Google Cloud. Meanwhile, it acquired British AI lab DeepMind in 2014. Together with Google Brain, which it merged with in 2023, it helped lay the building blocks and code for its Gemini LLM.

The company released its TensorFlow machine learning library in November of 2015 and unveiled its tensor processing units (TPUs) the next year. These custom application-specific integrated circuits (ASICs) are preprogrammed chips designed specifically for machine learning and AI workloads optimized for Google Cloud's TensorFlow framework. The company used its early TPUs to run its own internal workloads and then began renting them out to customers as part of Google Cloud's infrastructure-as-a-service solution in 2018.

Over the next decade, Alphabet would continually improve upon its chip designs. Its TPUs are now in their seventh generation at a time when many competitors are just starting to recognize the performance and cost benefits that ASICs can bring with AI workloads and beginning to design their own AI ASICs. Meanwhile, no AI ASICs are as battle-tested as Alphabet's TPUs, which have been used for its massive internal workloads (such as search and YouTube), as well as to train its own highly advanced Gemini models.

Image source: Getty Images

A structural advantage
With the best custom AI chips, together with one of the world's top foundational AI models, Alphabet has a huge advantage in the next phase of AI. No other competitor has this combination, which gives it a massive structural cost edge that creates a flywheel effect.

By training Gemini on TPUs, Alphabet is getting more bang for its buck on its capital expenditure (capex) spending than competitors, which largely rely on Nvidia's much more expensive graphics processing units (GPUs) to train their models. This gives it a better return on its investment, which then lets it plow more money into improving its TPUs and AI models, which creates more demand for them from customers. At the same time, its TPUs can also lower inference costs for both itself and its customers, making its overall operating model the most cost-competitive. This all leads to a virtuous cycle that competitors cannot match.

Meanwhile, having its own world-class AI model allows Alphabet to capture the entire AI revenue stream, unlike cloud computing rivals Amazon and Microsoft, which rely more heavily on third-party LLMs. The company's pending acquisition of leading cloud security company Wiz will only extend its ecosystem advantage.

The big winner in the next phase of AI infrastructure isn't going to be a simple chipmaker or cloud computing company; it's going to be a company that is vertically integrated and can optimize the entire AI model training and inference process. That company is Alphabet, which has a multigenerational head start with its custom AI chips and the deepest vertical integration. That makes the stock a long-term buy, even after its strong run this year.

Geoffrey Seiler has positions in Alphabet and Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

LONDON--(BUSINESS WIRE)--Hunting PLC (LSE:HTG), the precision engineering group, today announces that Hunting Energy Services Production Technology, Inc., Hunting's recently acquired business which aims to optimise oil reservoir performance and recovery rates, has secured its first sampling and testing contract award in Brazil. This award represents a geographical breakthrough for OOR into the highly active South America market, OOR's first new territory under Hunting's ownership since the busi.

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South Korean police said on Monday that they are tracing IP addresses and looking into possible tech vulnerabilities at Coupang after the e-commerce giant suffered the country's worst data breach in over a decade.

VANCOUVER, BC / ACCESS Newswire / December 1, 2025 / Grande Portage Resources Ltd. (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) ("Grande Portage" or the "Company") is pleased to announce an update regarding offtake studies for its New Amalga Gold property in Southeast Alaska.

LONDON, GB / ACCESS Newswire / December 1, 2025 / Orosur Mining Inc. ("Orosur" or "the Company") (AIM/TSXV:OMI), a minerals explorer and developer with projects in Colombia and Argentina, advises that, during November 2025, the Company has issued a total of 500,000 new common shares of no par value each ("Common Shares") for a total consideration of US$ 24,700 following an exercise of 500,000 warrants from its block listing announced on January 8th 2025. The Company has 19,752,648 warrants outstanding Following Admission, the Company's new issued share capital will comprise 392,022,512 Common Shares.

Vancouver, Canada, December 1, 2025 – TheNewswire - Electrum Discovery Corp. (" Electrum " and/or the " Company ") (TSX-V:ELY | FRA:R8N | OTC:ELDCF) is pleased to share an update on the progress of exploration activities at the Company's exploration projects: copper-gold Timok East and gold-silver Novo Tlamino , both located in well-known mineralized districts within the prolific Western Tethyan Belt in the Republic of Serbia. Highlights:

December 01, 2025 2:00 AM EST | Source: New Found Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce initial results from grade control drilling at the Keats zone ("Keats") excavation in the AFZ Core ("AFZC"), completed as part of the Company's ongoing 2025 drill program on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada.

Highlights include:

Keats excavation grade control program:219 g/t Au1 over 9.35 m2 from 19.00 m (NFGC-25-GC-005)160 g/t Au over 10.30 m from 5.10 m (NFGC-25-GC-009)105 g/t Au over 10.20 m from 15.80 m (NFGC-25-GC-007)24.7 g/t Au over 26.25 m from 34.25 m (NFGC-25-GC-007)35.3 g/t Au over 12.85 m from 36.25 m (NFGC-25-GC-006)27.1 g/t Au over 12.85 m from 14.65 m (NFGC-25-GC-012)142 g/t Au over 2.25 m from 4.15 m (NFGC-25-GC-004)50.8 g/t Au over 4.10 m from 0.00 m (NFGC-25-GC-003)17.1 g/t Au over 11.85 m from 21.45 m (NFGC-25-GC-009)9.61 g/t Au over 18.05 m from 25.25 m (NFGC-25-GC-003)9.29 g/t Au over 15.40 m from 1.10 m (NFGC-25-GC-008)38.3 g/t Au over 3.40 m from 4.10 m (NFGC-25-GC-011)Melissa Render, President of New Found Gold stated: "We are excited to share these first results from grade control drilling at the Keats excavation, which continue to define the high-grade tenor of the near-surface portion of this zone. These results provide detailed data to further validate our resource models, specifically with respect to grade top cutting and influence limiting of high-grade intersections in advance of a MRE update and further mine planning. We look forward to updating the market with further results from grade control drilling at both Keats and Iceberg."

"The program was executed safely and successfully over challenging topography. I would like to take this opportunity to acknowledge our hard-working employees and contractors for their efforts," continued Ms. Render.

Work Summary

The results presented in this release include the first 16 of 84 diamond drill holes ("DDH"), or approximately 20%, of the results from the Company's recently completed Keats excavation grade control drill program ("KEGCDP"). This phase of work was designed to improve confidence in the grade distribution of high-grade, near-surface mineralization and support mine planning as outlined in the Preliminary Economic Assessment ('PEA') Phase 1 open pits (see the New Found Gold news release dated July 21 2025).

This press release reports results from an initial 638 m of drilling across 16 DDH completed in H2/25 (Figures 1 to 3). The full KEGCDP comprises 84 DDH totalling 2,772 m; remaining results will be reported as they become available. Drill highlights, along with detailed results for these 16 DDH, are provided in Tables 1 to 3 below.

Figure 1: Plan view map of the AFZ Core with location of Keats and Iceberg excavation grade control drill programs.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7337/276380_abb1554ed4f48b09_001full.jpg

Figure 2: Keats and Iceberg excavations with proposed grade control drill holes and location of results received.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7337/276380_abb1554ed4f48b09_002full.jpg

The KEGCDP tests a volume that is approximately 65 m long by 30 m deep by 40 m wide with a drill spacing of 5 m by 5 m; a near-surface high-grade region that was uncovered as part of the Company's ongoing excavation program (see the New Found Gold news releases dated September 23, 2024, December 2, 2024 and September 25, 2025).

These initial results conform well with the initial mineral resource estimate ("MRE") block model and appear to confirm the strong continuity of the high-grade mineralization at Keats, with most intervals occurring at or within a few meters of surface.

The Keats and Iceberg zones are hosted within the Keats-Baseline Fault Zone ("KBFZ"), a high-grade gold-bearing structure that has been defined over a current strike length of 1.9 kilometres ("km"). This corridor consists of a broad mineralized fault zone with limited deep drill testing to date. Drilling completed in 2024 confirms that the system extends to vertical depths of up to 1.1 km (see the New Found Gold news releases dated July 11, 2024, October 31, 2024, April 29, 2025.

The Company will expand the KEGCDP in 2026, leveraging results from the 2025 program to optimize drill hole spacing and program scope.

Figure 3: Keats excavation grade control drilling.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7337/276380_abb1554ed4f48b09_003full.jpg

Looking Ahead

The 70,000 m 2025 Queensway drill program commenced in May 2025, with approximately 80% of the drilling focused on the AFZ Core area and the remaining 20% focused on exploration targets outside the MRE area. The 2025 Queensway drill program is over 90% complete and is on track to finish all proposed drilling in Q4/25.

Infill drilling covering the PEA Phase 1 open pits, with the objective of converting resources from inferred to indicated has been completed and results will be released once they are available. Additional ongoing drilling at Queensway includes geotechnical drilling of PEA Phase 1 pits, condemnation drilling for infrastructure and plant siting and hydrogeological drilling, all of which has commenced and is expected to conclude in Q4/25.

Exploration drilling continues in the vicinity of the Dropkick zone in the AFZ Peripheral ("AFZP") area, approximately 11 kilometres north of the AFZC, where the Company has begun to outline a new zone of gold mineralization (see the New Found Gold news releases dated February 11, 2025, May 21, 2025, October 30, 2025).

In addition to the 2025 drill program, an excavation program was undertaken to excavate, map and channel sample near-surface zones of the AFZC, with the objective of validating the geological model and collecting detailed analytical information across key zones that will be part of the PEA Phase 1 mine plan. Excavation, mapping and channel sampling of the Lotto zone ('Lotto") is now complete, and samples have been sent for analysis. The Lotto excavation has uncovered a 210 m long by 70 m area; results from this work will be released once they are available.

With channel sampling at the Keats and Iceberg excavations complete (see the New Found Gold news releases dated September 23, 2024, December 2, 2024 and September 25, 2025), a 5 m by 5 m definition drilling program covering a 65 m by 30 m area has recently been completed at the Keats zone and a 5 m by 5 m definition drilling program covering a 60 m by 45 m area has commenced at the Iceberg zone in late Q4/25.

Table 1: Drill Result Highlights.

Hole No.From (m)To (m)Interval (m)Au (g/t)True Width (%)ZoneNFGC-25-GC-0030.004.104.1050.7970-95Keats TrenchIncluding0.500.800.3020.5670-95Including2.204.101.90105.6070-95And25.2543.3018.059.6140-70Including28.1028.750.6529.5840-70Including39.2541.652.4018.3770-95Including42.9543.300.35224.1570-95NFGC-25-GC-0044.156.402.25141.9165-95Keats TrenchIncluding5.606.400.80397.6565-95And33.7044.1510.457.5970-95Including34.2534.650.4023.6170-95Including38.0538.650.6088.3270-95Including43.8544.150.3017.0070-95NFGC-25-GC-00519.0028.359.35219.0170-95Keats TrenchIncluding19.4020.401.001885.5070-95Including22.3023.301.0070.7770-95Including24.1524.700.55153.6670-95NFGC-25-GC-00636.2549.1012.8535.3160-90Keats TrenchIncluding36.2537.851.6017.4070-95Including38.8540.601.75225.9870-95And Including38.8539.600.75501.0370-95Including41.2541.650.4011.9270-95Including42.3042.650.3551.8270-95Including46.9547.500.5524.0570-95NFGC-25-GC-00715.8026.0010.20104.7650-80Keats TrenchIncluding16.2516.800.55589.1950-80Including17.1519.202.05385.1250-80And Including18.0518.750.70743.2050-80Including20.6021.550.9511.6050-80And34.2560.5026.2524.7070-95Including35.4036.401.0023.7870-95Including46.6047.050.4542.8570-95Including52.8054.301.50135.3970-95Including56.9058.201.30291.9070-95And Including57.5057.900.40910.9570-95NFGC-25-GC-0081.1016.5015.409.2970-95Keats TrenchIncluding6.057.801.7563.6570-95NFGC-25-GC-0095.1015.4010.30159.9250-80Keats TrenchIncluding6.059.403.35355.3650-80And Including6.056.850.801288.2750-80Including10.0010.650.6510.0750-80Including13.4514.400.95454.6950-80And Including13.4513.950.50850.8650-80And21.4533.3011.8517.0970-95Including25.2026.100.90192.0870-95Including31.0032.601.6012.3570-95NFGC-25-GC-0114.107.503.4038.2870-95Keats TrenchIncluding4.106.552.4552.5770-95NFGC-25-GC-01214.6527.5012.8527.0765-95Keats TrenchIncluding14.6515.300.65482.1265-95Including20.7521.250.5018.2970-95Note that the host structures are interpreted to be moderately to steeply dipping. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2 m with a maximum of 4 m consecutive dilution when above 200 m vertical depth and 2 m consecutive dilution when below 200 m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness. Details of all 16 drill holes are included in Table 2 and Table 3 below.

Table 2: Summary of composite drill hole results reported in this news release for Keats

Hole No.From (m)To (m)Interval (m)Au (g/t)True Width (%)ZoneNFGC-25-GC-00115.6520.304.651.2370-95Keats TrenchNFGC-25-GC-00236.6047.7511.151.5650-80Keats TrenchNFGC-25-GC-0030.004.104.1050.7970-95Keats TrenchIncluding0.500.800.3020.5670-95Including2.204.101.90105.6070-95And13.2515.802.554.4270-95Including15.2515.800.5518.7870-95And25.2543.3018.059.6140-70Including28.1028.750.6529.5840-70Including39.2541.652.4018.3770-95Including42.9543.300.35224.1570-95NFGC-25-GC-0044.156.402.25141.9165-95Keats TrenchIncluding5.606.400.80397.6565-95And33.7044.1510.457.5970-95Including34.2534.650.4023.6170-95Including38.0538.650.6088.3270-95Including43.8544.150.3017.0070-95NFGC-25-GC-0057.6511.303.652.9325-55Keats TrenchAnd19.0028.359.35219.0170-95Including19.4020.401.001885.5070-95Including22.3023.301.0070.7770-95Including24.1524.700.55153.6670-95And35.4043.408.004.2270-95Including41.1541.900.7526.6870-95NFGC-25-GC-0069.5515.806.257.3855-85Keats TrenchIncluding9.5510.450.9048.0055-85And36.2549.1012.8535.3160-90Including36.2537.851.6017.4070-95Including38.8540.601.75225.9870-95And Including38.8539.600.75501.0370-95Including41.2541.650.4011.9270-95Including42.3042.650.3551.8270-95Including46.9547.500.5524.0570-95NFGC-25-GC-00715.8026.0010.20104.7650-80Keats TrenchIncluding16.2516.800.55589.1950-80Including17.1519.202.05385.1250-80And Including18.0518.750.70743.2050-80Including20.6021.550.9511.6050-80And34.2560.5026.2524.7070-95Including35.4036.401.0023.7870-95Including46.6047.050.4542.8570-95Including52.8054.301.50135.3970-95Including56.9058.201.30291.9070-95And Including57.5057.900.40910.9570-95NFGC-25-GC-0081.1016.5015.409.2970-95Keats TrenchIncluding6.057.801.7563.6570-95And24.1026.252.151.5070-95And32.6039.506.907.0870-95Including33.1534.251.1033.8470-95NFGC-25-GC-0095.1015.4010.30159.9250-80Keats TrenchIncluding6.059.403.35355.3650-80And Including6.056.850.801288.2750-80Including10.0010.650.6510.0750-80Including13.4514.400.95454.6950-80And Including13.4513.950.50850.8650-80And21.4533.3011.8517.0970-95Including25.2026.100.90192.0870-95Including31.0032.601.6012.3570-95And37.4540.252.801.6170-95NFGC-25-GC-01022.7025.152.451.3040-70Keats TrenchAnd34.5043.158.651.3370-95NFGC-25-GC-0114.107.503.4038.2870-95Keats TrenchIncluding4.106.552.4552.5770-95And26.0035.409.402.0670-95Including26.0026.350.3516.6370-95Including29.2529.650.4018.1870-95NFGC-25-GC-0120.005.755.757.0970-95Keats TrenchIncluding4.505.200.7044.7570-95And14.6527.5012.8527.0765-95Including14.6515.300.65482.1265-95Including20.7521.250.5018.2970-95NFGC-25-GC-0131.404.052.651.2570-95Keats TrenchAnd17.0019.102.105.8270-95Including17.9518.400.4520.8670-95NFGC-25-GC-014No Significant ValuesKeats TrenchNFGC-25-GC-0150.705.154.451.3370-95Keats TrenchNFGC-25-GC-0160.005.205.206.1070-95Keats TrenchIncluding0.000.400.4025.7270-95Including3.204.000.8011.4870-95And10.2012.252.051.7870-95Note that the host structures are interpreted to be moderately to steeply dipping. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2 m with a maximum of 4 m consecutive dilution when above 200 m vertical depth and 2 m consecutive dilution when below 200 m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.

Table 3: Details of drill holes reported in this news release.

Hole No.Azimuth (°)Dip (°)Length (m)UTM EUTM NProspectNFGC-25-GC-001300-45246582455427513KeatsNFGC-25-GC-002300-45536582385427517KeatsNFGC-25-GC-003300-45476582265427521KeatsNFGC-25-GC-004300-45496582335427520KeatsNFGC-25-GC-005300-45476582295427528KeatsNFGC-25-GC-006300-45546582345427516KeatsNFGC-25-GC-007299-45656582315427509KeatsNFGC-25-GC-008299-45446582215427527KeatsNFGC-25-GC-009300-45476582195427517KeatsNFGC-25-GC-010300-45486582325427532KeatsNFGC-25-GC-011300-45426582265427536KeatsNFGC-25-GC-012300-45346582205427539KeatsNFGC-25-GC-013300-45276582145427543KeatsNFGC-25-GC-014300-45136581985427552KeatsNFGC-25-GC-015300-45236582045427548KeatsNFGC-25-GC-016300-45216582095427545KeatsSampling, Sub-sampling, and Laboratory

All drilling recovers HQ core. For deep holes, the core size may be reduced to NQ at depth. The drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core.

A geologist examines the drill core and marks out the intervals to be sampled and the cutting line. Sample lengths are mostly 1.0 meter and adjusted to respect lithological and/or mineralogical contacts and isolate narrow (<1.0m) veins or other structures that may yield higher grades.

Technicians saw the core along the defined cutting line. One-half of the core is kept as a witness sample and the other half is submitted for analysis. Individual sample bags are sealed and placed into totes, which are then sealed and marked with the contents.

New Found Gold has submitted samples for gold determination by PhotonAssay™ to ALS Canada Ltd. ("ALS") since February 2024. ALS operates under a commercial contract with New Found Gold.

Drill core samples are shipped to ALS for sample preparation in Thunder Bay, Ontario. ALS does not currently have accreditation for the PhotonAssay™ method at their Thunder Bay, ON laboratory. They do however have ISO/IEC 17025 (2017) accreditation for gamma ray analysis of samples for gold at their Australian labs with this method, including the Canning Vale lab in Perth, WA.

Samples submitted to ALS beginning in February 2024, received gold analysis by photon assay whereby the entire sample is crushed to approximately 70% passing 2 mm mesh. The sample is then riffle split and transferred into jars. For "routine" samples that do not have VG identified and are not within a mineralized zone, one (300-500g) jar is analyzed by photon assay. If the jar assays greater than 0.8 g/t, the remaining crushed material is weighed into multiple jars and submitted for photon assay.

For samples that have VG identified, the entire crushed sample is riffle split and weighed into multiple jars that are submitted for photon assay. The assays from all jars are combined on a weight-averaged basis.

Select samples prepared at ALS are also analyzed for a multi-element ICP package (ALS method code ME-ICP61) at ALS Vancouver.

Drill program design, Quality Assurance/Quality Control, and interpretation of results are performed by qualified persons employing a rigorous Quality Assurance/Quality Control program consistent with industry best practices. Standards and blanks account for a minimum of 10% of the samples in addition to the laboratory's internal quality assurance programs.

Quality Control data are evaluated on receipt from the laboratories for failures. Appropriate action is taken if assay results for standards and blanks fall outside allowed tolerances. All results stated have passed New Found Gold's quality control protocols.

New Found Gold's quality control program also includes submission of the second half of the core for approximately 2% of the drilled intervals. In addition, approximately 1% of sample pulps for mineralized samples are submitted for re-analysis to a second ISO-accredited laboratory for check assays.

The Company does not recognize any factors of drilling, sampling, or recovery that could materially affect the accuracy or reliability of the assay data disclosed.

The assay data disclosed in this press release have been verified by the Company's Qualified Person against the original assay certificates.

Qualified Person

The scientific and technical information disclosed in this press release was reviewed and approved by Melissa Render, P. Geo., President, and a Qualified Person as defined under National Instrument 43-101. Ms. Render consents to the publication of this press release, by New Found Gold. Ms. Render certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

About New Found Gold Corp.

New Found Gold is an emerging Canadian gold producer with projects in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Gold Project, as well as the recently acquired Hammerdown Gold Project, the Pine Cove Mill and the Nugget Pond Hydrometallurgical Gold Plant. The Company is currently focused on advancing the Queensway Gold Project into production and bringing the Hammerdown Gold Project into steady-state gold production.

In 2025, the Company completed a PEA at Queensway (see New Found Gold news release dated July 21, 2025). Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the Project that covers a +110 km strike extent along two prospective fault zones. On September 8, 2025, the Company announced it had entered into a property purchase agreement with Exploits Discovery Corp. ("Exploits") that would provide New Found Gold with a 100% interest in certain mineral claims in Newfoundland and Labrador held by Exploits (see news release dated September 8, 2025).

Keith Boyle, P.Eng.
Chief Executive Officer
New Found Gold Corp.

Contact

For further information on New Found Gold, please visit the Company's website at www.newfoundgold.ca, contact us through our investor inquiry form at https://newfoundgold.ca/contact/ or contact:

Fiona Childe, Ph.D., P.Geo.
Vice President, Communications and Corporate Development
Phone: +1 (416) 910-4653
Email: [email protected]

Follow us on social media at https://www.linkedin.com/company/newfound-gold-corp https://x.com/newfoundgold.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement Cautions

This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including relating to the current drill program on its Queensway Gold Project in Newfoundland and Labrador, Canada, and the timing, results and interpretation and use of the drill results; future drill programs and the timing and focus thereof; the excavation program and the timing and results thereof; future exploration and the objectives and timing thereof, including future drilling and excavation; exploration, drilling and mineralization at Queensway; the extent of mineralization and the discovery of zones of high-grade gold mineralization; the potential conversion of mineral resources; potential resource expansion; a mineral resource update and the timing thereof; focus on growth and value creation; and the merits of Queensway. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "interpreted", "intends", "estimates", "projects", "aims", "suggests", "indicate", "often", "target", "future", "likely", "pending", "potential", "encouraging", "goal", "objective", "prospective", "possibly", "preliminary", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with the Company's ability to complete exploration and drilling programs as expected, possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results and the results of the metallurgical testing program, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company's exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Annual Information Form and Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.

1 g/t Au= grams of gold per tonne
2 m = metres

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276380

XRP continues to attract long-term attention from analysts and institutional investors, even as short-term market movements remain mixed. With multiple new financial products, growing corporate adoption, and clearer global regulations, experts are now exploring how high XRP could realistically climb by 2031.

Ethereum price has dropped more than 6% in the past 24 hours and is now down about 27% over the last 30 days. A breakdown from a major continuation pattern has opened the door to a much deeper decline. At the same time, an on-chain signal is flashing a possible 28% downside window that aligns with what could become Ethereum’s next cycle bottom if conditions worsen.

Together, these signals show that ETH may not be done correcting yet.

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One Long-Term Metric Shows Room to Fall?Ethereum recently broke down from a clean bear flag. The move began after ETH failed at $2,990 and slipped out of the rising channel it had been trading within for a week. The earlier sell-off created the “pole,” a drop of 28.39%, and the breakdown activates a measured target around $2,140, which sits almost exactly 28% below the breakdown level.

Ethereum Breaks Down: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

To see if this target makes sense, we compare it with long-term holder NUPL. Long-term holder NUPL measures how much profit long-term holders are sitting on.

NUPL has been trending down since August 22, suggesting long-term holders are reducing unrealized profits and softening their conviction. The latest short-term low was 0.36 on Nov 21, but the six-month low sits at 0.28, recorded on June 22, which is a difference of roughly 22%.

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Back on June 22, when NUPL hit 0.28, ETH traded near $2,230, and the market reversed sharply. From there, Ethereum rallied all the way to $4,820, a gain of 116% from that bottom.

New Bottom Zone Forming: GlassnodeToday, if NUPL were to retest that 0.28 cycle-low band again, the implied price drawdown from ETH’s recent local high near $2,990 would be in the same 20–25% range, which aligns exactly with the 28% bear-flag target at $2,140.

This is the cleanest overlap in the entire analysis: Both the price pattern and the long-term holder metric point to the same lower zone.

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Ethereum Price Sits on Its Strongest Cost-Basis Wall The next step is to see whether the Ethereum price chart supports the same conclusion. The Cost Basis Distribution Heatmap shows where large clusters of ETH were recently accumulated. The heaviest band sits between $2,801 and $2,823, with 3,591,002 ETH bought in that zone. This is the strongest support Ethereum has right now.

One Last Supply Wall Sits: GlassnodeETH has already broken below the $2,840 price level, increasing pressure on this cost-basis wall. If the ETH price cannot reclaim $2,840 quickly and close above $2,990 again, sellers remain in full control.

If weakness continues, the next levels on the trend-based extension appear one after another. The first point is $2,690, which sits about 4.5% below the current price. If that fails, the decline can extend to $2,560 (a further 4.6% drop), $2,440 (another 4.8%), and $2,260, which is just 2% above the June NUPL-bottom price of $2,230.

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Below all of these sits $2,140, the full breakdown target, about 28% below the breakdown zone and fully aligned with the flag projection.

Ethereum Price Analysis: TradingViewIf ETH falls through $2,266, the bear-flag target becomes the most realistic scenario.

There is still an invalidation path, but it requires strength at several layers. ETH must regain $2,840, then break above $2,990, and then secure a close above $3,090. The entire bearish pattern loses meaning only if ETH pushes through $3,240, which would be a roughly 15% move up from current levels.

For now, ETH trades beneath its strongest cost-basis wall, long-term holders are still reducing unrealized profit, and the continuation structure points clearly lower. If these conditions hold, the $2,260–$2,140 region becomes the most probable area where Ethereum could form its next cycle bottom.

Bitcoin remained within a range-bound consolidation and closed the monthly trade above $90,000, raising hopes for a bullish yearly close. Yet, the BTC price crashed hard below $86,000 and created a ripple effect within the markets. The global crypto market cap slumped below $3 trillion, wiping out nearly $140 billion, while the ETF accumulation also remains nominal despite the discounted price. 

The major reason behind the current collapse is said to be liquidations and high volatility, but deep down inside, it was due to a liquidity vacuum created by the buyers. This raises serious alarms about whether the buyers are not confident in the BTC price recovery, as a normal decline turned into a sharp downward cascade. 

Liquidity Vanishes Before the Bitcoin Price CrashHeading into the early Monday session, order-book depth on several top exchanges had already thinned significantly. Market makers typically reduce inventory over weekends, but this time the pullback was deeper. Bid-side liquidity—the volume of buy orders within 2% of the current price—dropped by an estimated 30–50% for Bitcoin and Ethereum, creating the perfect conditions for volatility.

The order book data—taken just as BTC slid below the $86,000–$85,700 zone—shows a steep imbalance:

Sell orders stacked deeply up the bookBuy orders nearly flatlined near the bottomTotal bid liquidity near the key $85,760 level almost evaporatedIn the depth chart, the green side (buyers) plunges sharply before flattening out—a visual confirmation that the market simply ran out of demand. Meanwhile, the red side (sellers) thickened around the $85,900–$86,500 range, overwhelming the thin bid side.

This is the exact structural pattern that turns a routine pullback into a rapid cascade.

Spot CVD Confirms Buyers Stepping Back, Not Sellers AttackingTo validate whether selling pressure was truly overwhelming, we examine the Spot Taker Cumulative Volume Delta (CVD)—a reliable tool that tracks whether buyers or sellers are in control. This indicator measures the cumulative difference between market buy and market sell volumes over a period. 

The chart clearly shows a sharp reversal in buy-side aggressiveness, with taker-buy volume drying up right around the time of the drop. Importantly, there is no spike in taker-sell dominance, reinforcing the argument that Bitcoin’s decline was caused by a sudden lack of buyers rather than panic selling.

This aligns perfectly with what order books are signalling: price didn’t fall because traders dumped—it fell because no one stepped up to buy.

Is Recovery Possible From Here?Today’s crash wasn’t a typical risk-off event or liquidation cascade. Historically, similar liquidity-driven drops tend to recover quickly once market makers restore depth and spot buyers step back in. The key levels to watch are

$85,800 – immediate resistance$86,500–87,000 – short-term recovery zone$83,500 – the next major demand zone if liquidity remains thinIf fresh bids return to the book and CVD turns positive again, a swift rebound is likely. But if buy-side liquidity remains weak, the Bitcoin (BTC) price may continue to drift lower until stronger demand emerges. 

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.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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Ripple, an enterprise blockchain company, has obtained a new expanded license in Singapore, according to a Monday announcement.

The new license will make it possible for the San Francisco-headquartered company to expand its scope of activities in one of the biggest crypto hubs.

Expanding offerings Singapore is a key financial hub in Asia It is known for having a clear and progressive regulatory framework for digital assets. Its regulator, the Monetary Authority of Singapore (MAS), has created standards that many other countries look to when designing crypto regulations

Ripple has had its Asia Pacific headquarters in Singapore since 2017, highlighting its long-term commitment to the region.

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In Singapore, an MPI license is required for companies that provide payment services over certain thresholds. 

It allows a company to legally handle  various types of payments, including cross-border fund transfers. 

Ripple’s Singapore subsidiary already held this MPI license, which is obtained back in 2023. 

The key development is that MAS has approved an expanded scope of payment activities under this license. 

With the expanded Singapore MPI license, Ripple can legally onboard more financial institutions in the region. 

The expanded license also makes it possible for Ripple to legally support digital payment tokens (DPTs) like XRP in regulated transactions.

Banks and fintechs can now send large volumes of cross-border payments using Ripple’s rails.

Rumors surrounding Apple Pay and Google Pay supposedly endorsing XRP have gained significant attention across the crypto community. As excitement built, many interpreted these reports as a sign that major global payment providers were offering formal support for XRP.

Dogecoin started a fresh decline below the $0.150 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1420.

DOGE price started a fresh decline below the $0.150 level.
The price is trading below the $0.1450 level and the 100-hourly simple moving average.
There was a break below a key bullish trend line with support at $0.1520 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could extend losses if it stays below $0.150 and $0.1450.

Dogecoin Price Dips Again
Dogecoin price started a fresh decline after it closed below $0.1520, like Bitcoin and Ethereum. DOGE declined below the $0.150 and $0.1450 support levels.

More importantly, there was a break below a key bullish trend line with support at $0.1520 on the hourly chart of the DOGE/USD pair. The price even traded below $0.1380. A low was formed near $0.1369, and the price is now showing bearish signs below the 23.6% Fib retracement level of the downward move from the $0.1566 swing high to the $0.1369 low.

Dogecoin price is now trading below the $0.1450 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.1420 level. The first major resistance for the bulls could be near the $0.1465 level and the 50% Fib retracement level of the downward move from the $0.1566 swing high to the $0.1369 low.

Source: DOGEUSD on TradingView.com
The next major resistance is near the $0.1490 level. A close above the $0.1490 resistance might send the price toward the $0.1520 resistance. Any more gains might send the price toward the $0.1550 level. The next major stop for the bulls might be $0.1620.

More Losses In DOGE?
If DOGE’s price fails to climb above the $0.1465 level, it could continue to move down. Initial support on the downside is near the $0.1370 level. The next major support is near the $0.1350 level.

The main support sits at $0.1330. If there is a downside break below the $0.1330 support, the price could decline further. In the stated case, the price might slide toward the $0.1250 level or even $0.1240 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.1350 and $0.1250.

Major Resistance Levels – $0.1420 and $0.1465.

A key momentum gauge closely followed by crypto traders has turned negative, signaling a potential shift into a deeper bitcoin downturn. The monthly Moving Average Convergence Divergence (MACD) histogram—an indicator that tracks trend strength—printed its first red bar below the zero line in November after bitcoin slid more than 17%. This bearish crossover suggests the powerful rally that began near $20,000 last year may have run its course, with sellers now taking control.

Historically, similar MACD shifts have preceded significant declines in every major bitcoin cycle since 2012. After BTC dropped from its then-record high near $70,000 in late 2021, the MACD flipped bearish in early 2022, foreshadowing the extended slide that pushed prices below $20,000. Comparable patterns triggered deeper bear markets in 2018 and 2014, reinforcing the indicator’s reputation as an early warning signal. While nothing guarantees that the latest reading will lead to another major downturn, the broader market environment is currently supporting the bearish outlook.

Several macroeconomic pressures—Japan’s rising fiscal concerns, persistent strength in the U.S. dollar index, elevated Treasury yields despite expectations of Federal Reserve rate cuts, and recent outflows from spot bitcoin ETFs—are adding downside risk. Traders now face the possibility of sharper volatility ahead. The first key support level sits around $84,500, aligned with a trendline connecting higher lows from 2023 and 2024. A breakdown below that zone could open the path toward April’s low near $74,500, followed by potential retests of the 2021 peak around $70,000.

Ethereum is also showing weakness after confirming a death cross, where the 50-day simple moving average dips below the 200-day average. Although this pattern sounds severe and can signal bearish continuation, its effectiveness as a standalone indicator for ETH has been inconsistent. Even so, the combination of negative technical signals across major cryptocurrencies suggests traders should prepare for heightened risk in the weeks ahead.

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Crypto markets were slammed early Monday after a sharp wave of forced liquidations erased nearly $646 million in leveraged positions across major exchanges. The sudden flush-out pressured bitcoin, ether and top altcoins, dragging prices back toward the lower end of their recent trading ranges and adding to an already bruising month for digital assets.

According to data from Coinglass, long positions accounted for almost 90% of the total liquidations, signaling that bullish traders bore the brunt of the selloff. The largest single liquidation involved a $14.48 million ETH-USDC position on Binance. Binance, Hyperliquid and Bybit each logged more than $160 million in wiped-out positions, highlighting how heavily leveraged the market had become heading into the Asian trading session.

Liquidations occur when an exchange automatically closes a leveraged trade because the trader can no longer meet margin requirements. When liquidation cascades begin, they often exaggerate downside moves, creating market extremes that can sometimes precede a reversal.

Bitcoin fell more than 5% to around $86,000, while ether slid over 6% to about $2,815. Both had attempted modest recoveries late last week, but the forced unwinding of leverage pulled prices sharply lower once again. Major altcoins weren’t spared either—Solana, XRP, BNB and Dogecoin dropped between 4% and 7%, while Cardano and Lido Staked Ether posted even steeper declines. Analysts pointed to thin liquidity and ongoing macro uncertainty as key drivers behind the rapid move.

The market has struggled to regain momentum following late November’s pullback, when ETF outflows, macro headwinds and weak weekend volumes unwound weeks of crowded long positioning. Monday’s selloff mirrored earlier downturns this year: leverage builds into resistance, funding rates shift, and sudden forced selling accelerates losses within hours.

Open interest in BTC and ETH perpetual futures fell further after the drop, suggesting excess leverage from the October rally continues to be flushed out. While traders say positioning now appears cleaner, fragile sentiment means volatility is likely to remain elevated until deeper liquidity returns during the U.S. trading session.

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Journalist

Posted: December 1, 2025

Peter Schiff has admitted that he underestimated the extent people would FOMO in Bitcoin. According to the exec, his “biggest mistake” was downplaying people’s “foolishness” jumping on something that won’t work. 

Source: X

The long-time BTC critic has been doomposting and predicting a BTC collapse for a while now. And yet, his overblown projections have never materialized. Back in 2018, for example, he warned that BTC would fall to $750, calling the $3800 price level at that time “overvalued.”

BTC has since surged to over $120k before retreating to $90k, marking a nearly 23-fold increase. Even at its press time levels, Schiff still believes BTC will collapse and calls those who don’t see a zero-sum end-game “fools.”

According to him, BTC is backed by “nothing” and is worth nothing – A belief he has held for over a decade. 

In fact, after BTC erased its 2025 gains, Schiff intensified attacks against the top BTC treasury Strategy, labelling it as “fraud.” Despite his position, however, BTC and overall crypto adoption have increased. 

Surge in global adoption
In 2025, the APAC region led global crypto adoption, with India, Pakistan, and Vietnam being the dominant countries. As per Chainalysis, APAC saw a 69% YoY in received on-chain value from $1.4 trillion to $2.36 trillion. 

Chainalysis

Latin America and Sub-Saharan Africa followed closely as the second and third regions with the highest adoption rate. According to Chainalysis, the rising interest in the Global South has been driven by utilities such as remittances and everyday payments. 

At the asset level, BTC emerged as the most purchased cryptocurrency, followed by Ethereum. The report added, 

“Bitcoin leads by a wide margin, accounting for over $1.2 trillion in fiat inflows during the period. That’s slightly over 70% more than ETH, which saw roughly $724B in volume during this period.”

Source: Chainalysis

That being said, the U.S approval of Spot BTC ETFs in 2024 has been a bellwether for the maturing asset class.

Overall, the products have attracted $58 billion in cumulative inflows since launch, led by BlackRock, the world’s largest asset manager. In fact, BTC ETFs have become BlackRock’s top revenue source too.

Now, JPMorgan and others want a piece of it in one way or another. For them, BTC acts as digital gold and a long-term safe haven against fiscal policy, a trend they call “debasement trade.”

With institutional interest, global adoption, and a $1.8 trillion market cap, it’s hard to dismiss BTC as “nothing,” as Schiff tries to portray it.  

Final Thoughts

For Schiff, BTC doesn’t work as ‘digital gold,’ and those jumping on it are ‘fools.’ 
BTC and overall crypto adoption have increased globally, across institutions and the retail market. 

Ripple Labs has received approval from Singapore’s central bank to expand its payment activities in the region, amid a broader push to grow its business and institutional-focused offerings through acquisitions.

Ripple’s Singapore subsidiary, Ripple Markets APAC, has been approved by the Monetary Authority of Singapore (MAS) to expand the scope of its regulated payment activities under its Major Payment Institution (MPI) license, the company said on Monday.

Monica Long, Ripple’s President, said in a statement that the company values “Singapore’s forward-thinking approach,” and the “expanded license strengthens our ability to continue investing in Singapore and to build the infrastructure financial institutions need to move money efficiently, quickly, and safely.”

Ripple Payments’ system uses digital payment tokens such as its stablecoin RLUSD and XRP (XRP) for cross-border transactions. The service was created to act as an on-ramp and off-ramp that supports collection, holding, swapping and payouts for banks and companies, according to Ripple. 

Source: RippleThe company has already made several significant acquisitions this year to expand its business and institutional-focused offerings, with one of the more recent instances on Nov. 4, when it acquired crypto custody and wallet company Palisade.

Singapore ‘pivotal’ to Ripple’s global businessRipple was approved for its MPI license in 2023, which allowed it to offer regulated digital payment token services in Singapore. 

As of Monday, the MAS website still only lists digital payment token services under Ripple’s license, which “refers to buying or selling digital payment tokens or providing a platform to allow users to exchange digital payment tokens.”

Ripple has been operating in Singapore since 2017, and the company said the area is “pivotal” to its global business.

Crypto use in the Asia Pacific region surges Meanwhile, Fiona Murray, Ripple’s vice president and managing director in the Asia Pacific, said the region has also been experiencing huge growth, with onchain activity up roughly 70% year-over-year in the area, and Singapore sitting “at the center of that growth.”

“With this expanded scope of payment activities, we can better support the institutions driving that growth by offering a broad suite of regulated payment services, bringing faster, more efficient payments to our customers.”The Asia-Pacific region saw the highest year-on-year growth, according to Chainalysis’ 2025 Global Adoption Index published on Sept. 3.

The total value received was up 69% to $2.36 trillion, led by India, Pakistan and Vietnam, while the Philippines, South Korea and Thailand also featured in the top 20.

Magazine: Animoca’s bet on altcoin upside, analyst eyes $100K Bitcoin: Hodler’s Digest, Nov. 23 – 29

Bitcoin price started a fresh decline from $92,000. BTC is down over 5% and the bulls are struggling to keep the price above $86,500.

Bitcoin started a fresh decline below the $90,000 zone.
The price is trading below $88,000 and the 100 hourly Simple moving average.
There was a break below a key bullish trend line with support at $89,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might continue to move down if it settles below the $86,500 zone.

Bitcoin Price Dips Again
Bitcoin price failed to settle above the $92,000 resistance zone and started a fresh decline. BTC dipped sharply below $90,500 and $90,000.

There was a break below a key bullish trend line with support at $89,500 on the hourly chart of the BTC/USD pair. The pair even spiked below $87,500. A low was formed at $86,500 and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $91,928 swing high to the $86,500 low.

Bitcoin is now trading below $90,000 and the 100 hourly Simple moving average. If the bulls remain in action, the price could attempt another increase. Immediate resistance is near the $87,850 level. The first key resistance is near the $89,200 level or the 50% Fib retracement level of the downward move from the $91,928 swing high to the $86,500 low.

Source: BTCUSD on TradingView.com
The next resistance could be $89,500. A close above the $89,500 resistance might send the price further higher. In the stated case, the price could rise and test the $90,650 resistance. Any more gains might send the price toward the $91,500 level. The next barrier for the bulls could be $92,000 and $92,500.

More Losses In BTC?
If Bitcoin fails to rise above the $87,800 resistance zone, it could start another decline. Immediate support is near the $86,500 level. The first major support is near the $86,000 level.

The next support is now near the $85,500 zone. Any more losses might send the price toward the $83,500 support in the near term. The main support sits at $82,200, below which BTC might accelerate lower in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $86,500, followed by $86,000.

Major Resistance Levels – $87,800 and $89,200.

Yearn Finance is dealing with a fresh security breach after an attacker exploited its yETH token contract and drained millions in ETH and liquid staking assets from Balancer pools.

Summary

The exploit targeted an older yETH contract, allowing the attacker to mint an unlimited supply of tokens and empty the Balancer pool.
Around 1,000 ETH moved through Tornado Cash shortly after the attack, with more assets still held across the attacker’s wallets.
Yearn confirmed the issue is isolated from its V2 and V3 Vaults and is preparing a detailed report on the incident.

The incident unfolded late on Nov. 30 when an attacker triggered an infinite-mint flaw inside the yETH contract. They then minted an impossibly large supply of yETH, more than 235 trillion tokens, in a single transaction. 

With those tokens, the attacker moved quickly through Balancer pools, removing real assets, including ETH and popular staking derivatives. Initial traces show close to $3 million flowing through Tornado Cash shortly after the exploit, while the attacker’s address still holds additional assets tied to the event.

Exploit isolated to legacy yETH product
Blockchain data shows the yETH stableswap pool was emptied within minutes, leaving a roughly $2.8 million hole. Yearn Finance(YFI) said the issue sits within an older implementation of yETH and does not touch its V2 or V3 Vaults. Protocols built on Yearn V3, including Katana, also reported no exposure.

We are investigating an incident involving the yETH LST stableswap pool.

Yearn Vaults (both V2 and V3) are not affected.

— yearn (@yearnfi) November 30, 2025

Several helper contracts appeared just moments before the attack and vanished through self-destruct calls once the pool was drained, making the trail harder to follow.

Security teams reviewing the transactions, including auditors tracking Yearn’s older products, linked the event to a long-standing minting weakness inside the yETH token logic, rather than a problem in Yearn’s current vault architecture.

The protocol maintains a live bug bounty program with rewards reaching $200,000 for critical discoveries, though no recovery path has been announced yet.

On-chain movement intensifies after liquidity drain
Soon after the pool collapsed, X user Togbo flagged several movements of 100 ETH batches passing through Tornado Cash. Around 1,000 ETH in total was mixed in the hours following the exploit. The attacker still retains additional assets worth several million dollars across multiple wallets.

some other balancer related stuff looking like an exploit considering heavy interactions with tornado

yearn, rocket pool, origin, dinero and other LST going around pic.twitter.com/wUuexeQJyg

— Togbe (@Togbe0x) November 30, 2025

The yETH pool carried roughly $11 million before the breach, and while the final loss number is still under review, Yearn said user funds inside active vaults remain safe.

This incident adds to the protocol’s long record of managing legacy risks, coming years after its 2021 yDAI exploit and a 2023 treasury misconfiguration that did not affect depositors. YFI slipped about 4% after the event and traded near $4,002 at press time.

XRP posts one of its most distorted prints in days XRP dropped a 1,447% liquidation imbalance in just 12 hours.

XRP spent the session moving in a tight range around $2.14-$2.18, but the real action was not visible on the chart at all. It was buried in the liquidation feed, where the popular cryptocurrency suddenly posted one of its most distorted prints in days. 

According to CoinGlass, total liquidations hit $1.32 million, but the long-versus-short breakdown told the real story: $1.23 million flushed from longs, while shorts barely took an $85,580 hit.

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That gap created the 1,447% imbalance, a number that usually catches the attention of every derivatives trader, as it is the kind of figure that shows the market was not just leaning long — it was stacked on one side of the orderbook, and the first wave knocked everyone over at once.

Shiba Inu joins Japan's Green ListShiba Inu achieves equal status as Bitcoin and Ethereum in Japan with its green list inclusion.

Shiba Inu (SHIB) has officially joined Japan's "Green List," opening the way for global acceptance and recognition. The Shiba Inu team announced the news on X, shedding light on the benefits for SHIB investors.

The Green List is an official whitelist maintained by the Japan Virtual and Crypto Assets Exchange Association (JVCEA). This is a self-regulatory body overseen by the Financial Services Agency (FSA).

Right now, only about 30 tokens have made it to the list. These include Bitcoin, Ethereum, XRP, Polygon (POL), Litecoin (LTC), Hedera (HBAR) and others.

Strategy (MSTR) having second-worst month since buying BitcoinStrategy is facing five straight months of losses.

Starting from July, Strategy (MSTR) has posted negative returns for five consecutive months. Its terrible streak began with a minor 1% loss in August and escalated significantly into the fall. 

The company is on track to record the deepest drawdown of the year (so far) in November with a 37% decline. This would be the company's second-worst month since revealing its first Bitcoin purchase back in August 2020. 

Strategy (formerly MicroStrategy) used to trade at a premium relative to the net asset value (NAV) of its Bitcoin holdings. That premium has narrowed significantly, meaning investors are less willing to pay extra for its stock over simply owning Bitcoin. 

Ripple executive reacts to BlackRock's first Abu Dhabi board meetingRipple has long enjoyed a rather strong presence in the MENA region.

BlackRock, one of the world’s largest asset managers, held its first board meeting in Abu Dhabi. This shows that the financial behemoth is increasingly focused on the UAE and the broader Middle East, according to Ripple’s Reece Merrick.  The executive has implied that BlackRock’s increased focus in Abu Dhabi could create more avenues for Ripple’s business. 

The meeting included UAE royalty and BlackRock CEO Larry Fink. It focused on such areas as artificial intelligence (AI), advanced technologies, and reshaping global investments.  Abu Dhabi is clearly positioning itself as a global hub for innovation and finance, which aligns with Ripple’s strategy to expand in the region.

101,387,800,000 SHIB in 24 hours: key metric signals possible reboundInflows into all exchanges supporting Shiba Inu have remained low, suggesting that there is still hope of recovery for the leading meme coin.

With Shiba Inu consistently trading in the deep reds, the leading meme asset is gradually seeing momentum fade amid the broad crypto market downturn. 

However, the Shiba Inu on-chain activity appears to be showing a positive outlook for SHIB, as data provided by CryptoQuant shows a decent decline in the exchange netflow of the asset over 24 hours.

Notably, the figure highlighted typically represents the difference between the amount of SHIB tokens that have flown in and out of supported crypto exchanges over the last day.

Still, analysts predict upside from Fed's December rate cut decision, with the odds of a 25 basis point cut having increased recently.

Bitcoin fell below $86,000 in Asia after a wave of selling and liquidations, even as regional stocks stayed supported by rising Fed rate-cut hopes.