Market Signal Briefing

TL;DR

Small payment transactions on Polygon (MATIC) increased by 23% in November 2025, surpassing 500,000 operations.
This growth consolidates Polygon’s position as key infrastructure for cryptocurrency and crypto card payments.
The increase in Polygon MATIC transactions suggests greater financial integration and attracts developers.

The Polygon (MATIC) network is consolidating its position as a fundamental pillar in the digital asset payment ecosystem by experiencing notable growth in its activity in recent days. Leon Waidmann, Head of On-Chain Research, said that Polygon MATIC transactions ranging between $10 and $100 surged 23% so far in November, surpassing a solid 500,000 operations.

This trend underscores Polygon’s growing relevance in everyday payments with crypto cards, reflecting increasing interest from major payment providers and strengthening its infrastructure.

The development of this payment network not only strengthens its position as a preferred option in the cryptocurrency payment landscape but also builds a vital bridge between traditional financial transactions and the world of cryptocurrencies.

Waidmann commented that “tokenized rewards can make things more accessible and open. They could also make things more efficient and more connected globally,” highlighting the network’s potential.

Financial Integration and the Future of Polygon MATIC Transactions
Polygon’s rapid adoption aligns with the historical trend of blockchain platforms gaining commercial traction thanks to their low fees and swift settlements, a pattern observed in previous surges of crypto card-compatible payment solutions. Polygon MATIC transactions reflect this efficiency.

Despite this optimism in the network’s activity, Polygon (MATIC) price has shown mixed behavior. Recent data from CoinMarketCap indicated that MATIC closed at $0.00, with a substantial 24-hour trading volume of $1,267,062.59, marking a 144.94% increase.

In the last 24 hours, the price experienced a 2.78% rise, but faced a decline of 26.70% over the past 30 days and a broader drop of 56.86% over the past 90 days.

Segment analysts suggest that the increase in Polygon MATIC transactions volume could drive greater financial integration of cryptocurrencies into conventional payment systems.

The consistent use of small transactions could encourage more developers to consider leveraging Polygon for cost-effective transaction solutions, further cementing its role in the evolution of the digital financial landscape.

Aramco, a Saudi-owned integrated energy and chemicals company and Pasqal, a global provider of neutral-atom quantum computing, have announced the rollout of their most powerful quantum computer yet. While this is a great establishment for the companies, to the crypto community, this renews their anxiety.

Key NotesCryptoQuant reported that Binance's stablecoin reserve has topped $51.1 billion.To complete this, BTC and ETH inflows into Binance came in at $15 billion.Generally, there is a surge in the rate of stablecoin adoption.
Blockchain analytics platform CryptoQuant has reported a significant surge in Bitcoin

BTC
$87 234

24h volatility:
0.4%

Market cap:
$1.74 T

Vol. 24h:
$59.31 B

stablecoin reserve on exchanges. Precisely, it hit a record of $51.1 billion, marking the highest level in all of history.

Binance Outperforms Other Exchanges in Stablecoin Reserve
According to CryptoQuant data, exchanges have been seeing a surge in inflows as the crypto market begins to correct.

At the same time, Binance’s stablecoin reserve hit $51.1 billion on Nov. 15, signifying the highest level recorded so far. This covers for USD-pegged stablecoins like Tether

USDT
$1.00

24h volatility:
0.0%

Market cap:
$184.51 B

Vol. 24h:
$76.02 B

and USD Coin

USDC
$1.00

24h volatility:
0.0%

Market cap:
$75.13 B

Vol. 24h:
$11.08 B

. Binance is followed by the OKX exchange, which recorded almost $10 billion this November.

Back in September, Binance’s total stablecoin holdings climbed to a record of $45 billion as traders prepared for potential Q4 volatility. ERC-20-based USDT reserves surged to roughly $32.6 billion, offsetting a TRC-20 decline to about $8 billion around that time. Such actions inject fresh liquidity, which may strengthen the exchange’s ability to support large trades.

Ultimately, this kind of sentiment creates a more attractive environment for traders.

Currently, BTC and ETH

ETH
$2 937

24h volatility:
1.5%

Market cap:
$354.50 B

Vol. 24h:
$19.35 B

inflows into exchanges have climbed to $40 billion this week, led by Binance and Coinbase.

This was around the time when crypto prices were declining, suggesting increased selling pressure. The BTC and ETH inflows to Binance summed up to $15 billion, which is more than a third of the total BTC and ETH inflows.

The inflows to Coinbase were around $11 billion, while other exchanges received $14 billion in total.

The Growing Adoption of Stablecoin
McKinsey has estimated that stablecoin transactions have surpassed $27 trillion this year alone, with a few weeks left for the year to end.

In recent times, the crypto industry has seen a massive surge in stablecoin adoption. On Nov. 25, fintech giant Klarna launched KlarnaUSD, its USD-pegged stablecoin on Tempo, the payment-focused blockchain started by Stripe and Paradigm. Apart from signifying the expansion of the stablecoin ecosystem, this marked a pivot for Klarna, whose CEO used to be a vocal crypto skeptic.

Also, the Sui Foundation introduced USDsui, a native stablecoin designed to retain yield from the network’s substantial transaction activity, moving away from third-party assets.

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

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

Godfrey Benjamin on X

Bitwise launched its Dogecoin ETF on Wednesday, debuting the product built around “a picture of a cute dog” on the New York Stock Exchange.

TL;DR:

A US bank tested euro-backed stablecoin issuance on Stellar, showcasing blockchain adoption by traditional finance.
Stellar’s low fees, scalability, and secure infrastructure highlight its suitability for regulated digital assets.
Institutional engagement could boost XLM demand and support price rebounds as adoption grows and network usage increases.

A recent test by a US-based bank using Stellar for stablecoin issuance has sparked renewed optimism for the XLM market. The experiment demonstrates how traditional financial institutions can leverage blockchain networks to issue regulated digital assets, potentially increasing adoption and liquidity for Stellar-based tokens. Market analysts suggest this development could signal growing institutional confidence in stablecoins and broader crypto applications.

Stellar stablecoin pilot highlights institutional adoption potential
The bank’s test involved issuing a euro-backed stablecoin on Stellar’s blockchain. The pilot confirms Stellar’s technical robustness and scalability, making it suitable for regulated financial products. By integrating traditional banking infrastructure with blockchain technology, Stellar can facilitate faster, transparent, and secure transactions. This aligns with the network’s vision of bridging conventional finance and decentralized systems.

Market observers note that institutional interest in Stellar may drive XLM demand. As banks explore blockchain-based stablecoins, liquidity on the Stellar network is expected to improve, potentially supporting price stability. Analysts emphasize that real-world adoption, rather than speculation, increasingly dictates market trends for digital assets like XLM, offering long-term growth opportunities.

Additionally, the pilot underscores the potential for cross-border payments using stablecoins. Stellar’s low fees and quick settlement times make it an attractive option for banks seeking efficient euro transactions. The test demonstrates how regulated stablecoins can coexist with fiat currencies while offering blockchain advantages, including transparency and traceability.

The implications for XLM are significant. A surge in institutional usage could create upward pressure on the token’s price, as demand rises for network participation and transaction settlement. Investors are closely monitoring Stellar’s ecosystem developments, with analysts projecting potential price rebounds if institutional adoption continues to grow.

The Stellar stablecoin pilot reflects a shift toward blockchain integration in mainstream finance, highlighting that regulated stablecoins can facilitate real-world financial services. With this test, banks validate Stellar’s infrastructure while signaling confidence in the network’s capacity to handle institutional-grade applications. If adoption expands, XLM may benefit from increased utility, demand, and visibility within both retail and institutional markets.

S&P flagged gaps in Tether's disclosures and reserve governance, saying key details on custodians and asset composition remain unclear.

TL;DR

Hoskinson states Cardano is healthy post-hack, focusing on four key pillars.
Midnight’s airdrop is labeled the largest token distribution in crypto history.
The event aims to unlock Cardano’s stalled DeFi pipeline and attract TVL.

Cardano founder Charles Hoskinson opened his November 25 broadcast by asserting that, despite the recent hack, FBI involvement, and social-media uproar, “overall, Cardano is really healthy.” He explained that the protocol issues stemming from the incident are largely resolved. “We recovered… we’re on the other side of it, we’re in cleanup mode,” he said, predicting that Cardano will “finish pretty strong towards the end of the year.”

Hoskinson framed the network’s revival around four pillars: the Midnight privacy-focused ecosystem, RealFi lending, a renewed DeFi strategy, and a more aggressive scaling roadmap. He emphasized that these initiatives are now moving from theory into implementation, with concrete milestones scheduled for late 2024 and extending into 2026.

Midnight’s Glacier Drop at the Core
At the center of the recovery plan is Midnight’s Glacier Drop event. Hoskinson read from a “State of the Network” memo prepared by the Midnight Foundation, describing the airdrop as “the largest distribution event in the history of cryptocurrencies.” He added, “This is not puffery, we have the numbers.” The Scavenger Mine phase closed on November 20 with over 4.5 billion NIGHT claims registered across more than 8 million addresses.

Hoskinson called Midnight’s architecture a new standard for token distribution, blending broad community-driven allocation with mechanisms designed to increase fairness and systemic integrity. He suggested the design could serve as a template for future Cardano-native launches, especially in contexts with rising regulatory and governance demands.

The airdrop enters a 450-day redemption window starting December 8, with NIGHT unlocking in four equal installments. A “lost and found” mechanism allows users who recover private keys to still redeem tokens. Hoskinson presented this as an incentive for custodial platforms holding dormant balances.

“As Midnight goes up in value, they realize that they can redeem on behalf of their users and do an exchange distribution and take their cut,” he explained. Kraken, OKX, Bitpanda, and NBX will distribute NIGHT to eligible KYC’d clients, potentially reaching tens of millions of users. December 8 will also mark the token’s trading debut, featuring tier-one listings for a Cardano native asset ahead of a federated Midnight mainnet scheduled for Q1.

Unblocking Cardano’s DeFi Pipeline
Hoskinson stressed that Midnight is more than a headline-grabbing airdrop. He described it as the practical lever to unlock Cardano’s stalled DeFi pipeline and accelerate ecosystem growth. He highlighted 2024 milestones, including launching the on-chain Treasury, executing the first Treasury payout, and fully decentralizing the Constitutional Committee.

However, he admitted the ecosystem lagged behind in integrations and DeFi growth, citing coordination challenges. With Midnight now in production, Hoskinson argued that in 2026, “there’s no optionality. It must get done.” He described the organization as aggressively driving progress, “kicking and screaming if necessary.”

The Midnight Foundation will adopt an active DeFi posture, unlike the more reserved Cardano Foundation. Hoskinson explained that direct engagement in liquidity and protocol deployment could accelerate network effects and attract substantial TVL, positioning Cardano for renewed momentum in decentralized finance.

3 minutes ago

Bitcoin faces downside risks as a bear flag breakdown targets $77,400, while tensions between Strategy and MSCI can add new pressure on the BTC price.

42

Bitcoin (BTC) is showing fresh downside risks as a deepening standoff between corporate Bitcoin holder Strategy (MSTR) and global index provider MSCI collides with a weakening technical structure.

Key takeaways:

BTC risks a slide toward $77.4K if the bear flag breaks down.

Strategy–MSCI tensions add institutional pressure to an already fragile setup.

Bull flag setup risks sending BTC price to $77.4KAs of Wednesday, Bitcoin has consolidated within a bear flag, a short-lived recovery that typically forms after a sharp sell-off and often resolves with a trend continuation.

The structure suggests sellers are regrouping rather than exiting positions, especially as BTC continues to trade below its declining 100-day and 200-day exponential moving averages.

BTC/USD four-hour chart. Source: TradingViewA decisive breakdown below the flag’s lower trendline would confirm the bearish continuation setup, opening the door for a measured move toward the $77,400 level.

Conversely, BTC could invalidate the bearish outlook if its price breaks decisively above the 50-4H exponential moving average (50-4H EMA; the red wave) at around $88,655, as well as the flag’s upper trendline around $90,000.

Source: XIs Strategy the target of a “hit job”? Beyond technicals, Bitcoin’s downside could be triggered by growing uncertainty around Strategy, one of the largest corporate holders of BTC, as MSCI reviews whether to exclude companies whose digital assets account for a majority of their balance sheets.

MSCI’s pending decision, expected by Jan. 15, 2026, could introduce a fresh layer of institutional risk just as Bitcoin’s price structure weakens, according to CryptoQuant author GugaOnChain.

“If MSTR is excluded from indexes such as MSCI, billions in automatic sales of its shares by passive funds would be triggered,” he wrote in a Tuesday post, adding:

“Although the direct impact would fall on MSTR, the crypto market would interpret this as a sign of institutional attack on the company’s Bitcoin accumulation strategy.” MSTR-to-BTC reserve ratio. Source: CryptoQuantJPMorgan also warned that if Strategy is excluded from MSCI indexes, passive funds tracking those benchmarks could be forced into billions of dollars in equity sales.

Analyst Adrian accused JPMorgan of running a “MSTR hit job” to force investors into its own Bitcoin-focused leveraged investment products. He wrote in an X post:

“They are trying to kill $MSTR to engineer a migration to their products for Bitcoin leverage exposure.” Amid growing MSCI-related uncertainty, Strategy has moved to reassure markets about its financial resilience if Bitcoin’s downturn deepens.

In a Nov. 26 statement, the company said that even if Bitcoin falls to its average cost basis of around $74,000, it would still maintain a 5.9 times asset coverage relative to its convertible debt, a metric it refers to as its “BTC Rating” of debt.

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.

November 26, 2025 9:42 AM EST | Source: Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Telix To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Telix between February 21, 2025 and August 28, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - November 26, 2025) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Telix Pharmaceuticals Limited ("Telix" or the "Company") (NASDAQ: TLX) and reminds investors of the January 9, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Defendants materially overstated the progress Telix had made with regard to prostate cancer therapeutic candidates; (2) Defendants materials overstated the quality of Telix's supply chain and partners; and (3) as a result, defendants statements about Telix's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

On July 22, 2025, Telix Pharmaceuticals revealed that it "received a subpoena from the U.S. Securities and Exchange Commission . . . seeking various documents and information primarily relating to the Company's disclosures regarding the development of the Company's prostate cancer therapeutics candidates."

On this news, the price of Telix Pharmaceuticals American Depositary Shares ("ADSs") fell more than 13% over two trading sessions, according to the complaint.

Then, on August 28, 2025, the complaint further alleges that Telix Pharmaceuticals disclosed that it received a Complete Response Letter from the U.S. Food and Drug Administration ("FDA") for the Biologics License Application for its product TLX250-CDx, which identified "deficiencies relating to the Chemistry, Manufacturing, and Controls (CMC) package." The FDA additionally "documented notices of deficiency (Form 483) issued to two third-party manufacturing and supply chain partners that will require remediation prior to resubmission."

The Telix Pharmaceuticals class action lawsuit alleges that on this news, the price of Telix Pharmaceuticals ADSs fell more than 21% over two trading sessions.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Telix's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Telix Pharmaceuticals class action, go to www.faruqilaw.com/TLX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275584

Thai Beverage Public Company Limited (OTCPK:TBVPY) Q4 2025 Earnings Call November 26, 2025 6:30 AM EST

Company Participants

Namfon Aungsutornrungsi - Head of Investor Relations Department
Sopon Racharaksa - Exe. VP, Chief People Off., Chieff Corp. Aff. TL, & Chief Spirits Prd
Ueychai Tantha-Obhas
Teck Tan - Chief Beer Business - Thailand
Songwit Sritham - Senior VP & Chief Spirits Business - Thailand
Pisanu Vichiensanth
Kosit Suksingha - Pres. & Grp COO, Chief Dgt. & Tech., Chief Non-alco Beverages Product Grp-Thai and EVP
Prapakon Thongtheppairot - President & Group COO-International, EVP and CFO of Int. Business

Conference Call Participants

Xuan Tan - Goldman Sachs Group, Inc., Research Division
Zheng Feng Chee - DBS Bank Ltd., Research Division
Meghana Kande - CGS International
Selviana Aripin - HSBC Global Investment Research
Hussaini Saifee - Maybank Research Pte. Ltd.

Presentation

Operator

[Audio Gap] 2025 Results Call.

[Operator Instructions]

I will now hand over the call to the presenters, Ms. Namfon Aungsutornrungsi, ThaiBev's Head of Investor Relations and members of ThaiBev's senior management team. Thank you.

Namfon Aungsutornrungsi
Head of Investor Relations Department

Good evening, ladies and gentlemen, and welcome to the ThaiBev's Financial Results Conference Call for the year ended 30th of September 2025. I am Namfon Aungsutornrungsi, Head of Investor Relations. For the conference call tonight, I will begin with a summary of our full year 2025 results, then we will open the line for a Q&A session with our management team.

For the summary of our results, the total sales revenue of the group for the fiscal year ended 30th of September 2025 was THB 333,286 million, a decrease of 2.1% compared to the same period last year. This was due to a decrease in sales revenue across all businesses. Net profit included associated companies was THB 31,153 million, a decrease of 11.7% compared to the same period last year. This was due to a decrease in net

Recommended For You

LOS ANGELES, Nov. 26, 2025 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ardent Health, Inc. (“Ardent” or “the Company”) (NYSE: ARDT) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ardent announced its financial results for Q3 2025 on November 12, 2025. The Company revealed a $43 million reduction in its revenue due to accounting changes, and a $54 million increase in professional liability reserves. Based on this news, shares of Ardent plummeted by nearly 34% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm 
Brian Schall, Esq. 
310-301-3335
[email protected]

www.schallfirm.com

Shares of Deere are under pressure as the farm equipment maker expects annual profit to come in below estimates.

November 26, 2025 9:53 AM EST | Source: Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In James Hardie To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in James Hardie between May 20, 2025 and August 18, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - November 26, 2025) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against James Hardie Industries plc ("James Hardie" or the "Company") (NYSE: JHX) and reminds investors of the December 23, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that James Hardie Industries plc misled investors about the strength of its key North America Fiber Cement segment between May 20 and August 18, 2025. Despite knowing by April and early May that distributors were destocking inventory, the company falsely claimed demand remained strong and that stock levels were "normal."

On August 19, 2025, James Hardie issued a press release announcing financial results for its first quarter ended June 30, 2025. Among other items, James Hardie reported a 29% decline in first-quarter profit and projected lower-than-expected fiscal 2026 earnings, citing high borrowing costs.

On this news, James Hardie's American Depositary Receipt ("ADR") price fell $9.79 per ADR, or 34.44%, to close at $18.64 per ADR on August 20, 2025.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding James Hardie's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the James Hardie class action, go to www.faruqilaw.com/JHX or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275578

November 26, 2025 9:54 AM EST | Source: Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in Skye to Contact Him Directly to Discuss Their Options

If you purchased or acquired securities in Skye between November 4, 2024 and October 3, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - November 26, 2025) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Skye Biosciences, Inc. ("Skye" or the "Company") (NASDAQ: SKYE) and reminds investors of the January 16, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) nimacimab was less effective than Defendants had led investors to believe; (2) accordingly, nimacimab's clinical, regulatory, and commercial prospects were overstated; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.

On October 6, 2025, Skye issued a press release "announcing the topline data from its 26-week Phase 2a CBeyond™ proof-of-concept study of nimacimab, its peripherally-restricted CB1 inhibitor antibody." The press release disclosed that the "the nimacimab monotherapy arm did not achieve the primary endpoint of weight loss compared to placebo" and that "preliminary pharmacokinetic analysis showed lower than expected drug exposure, potentially indicating the need for higher dosing as a monotherapy."

On this news, Skye's stock price fell $2.85 per share, or 60%, to close at $1.90 per share on October 6, 2025.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Skye's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Skye Bioscience class action, go to www.faruqilaw.com/SKYE or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275581

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

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

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

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

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

Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.

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

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

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.

The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.

Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.

There are several stocks that passed through the screen and Bright Minds Biosciences Inc. (DRUG - Free Report) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing.

A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. DRUG is quite a good fit in this regard, gaining 68.9% over this period.

However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 14.1% over the past four weeks ensures that the trend is still in place for the stock of this company.

Moreover, DRUG is currently trading at 90% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.

Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.

So, the price trend in DRUG may not reverse anytime soon.

In addition to DRUG, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.

Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going.

Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.

Ponce Financial (PDLB - Free Report) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors.

A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. PDLB is quite a good fit in this regard, gaining 7.7% over this period.

However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 9.8% over the past four weeks ensures that the trend is still in place for the stock of this holding company of Ponce Bank.

Moreover, PDLB is currently trading at 100.4% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.

Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.

So, the price trend in PDLB may not reverse anytime soon.

In addition to PDLB, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.

Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going.

Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.

Astronics Corporation (ATRO - Free Report) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors.

A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. ATRO is quite a good fit in this regard, gaining 39.9% over this period.

However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 0.6% over the past four weeks ensures that the trend is still in place for the stock of this company.

Moreover, ATRO is currently trading at 94% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.

Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.

So, the price trend in ATRO may not reverse anytime soon.

In addition to ATRO, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.

Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.

It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Kion Group (KIGRY - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 7.7%, the stock of this company is certainly well-positioned in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. KIGRY meets this criterion too, as the stock gained 13.5% over the past 12 weeks.

Moreover, the momentum for KIGRY is fast paced, as the stock currently has a beta of 2.03. This indicates that the stock moves 103% higher than the market in either direction.

Given this price performance, it is no surprise that KIGRY has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped KIGRY earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, KIGRY is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. KIGRY is currently trading at 0.75 times its sales. In other words, investors need to pay only 75 cents for each dollar of sales.

So, KIGRY appears to have plenty of room to run, and that too at a fast pace.

In addition to KIGRY, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."

Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.

A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.

Voestalpine AG (VLPNY - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:

A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 20.2%, the stock of this company is certainly well-positioned in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. VLPNY meets this criterion too, as the stock gained 27.9% over the past 12 weeks.

Moreover, the momentum for VLPNY is fast paced, as the stock currently has a beta of 1.39. This indicates that the stock moves 39% higher than the market in either direction.

Given this price performance, it is no surprise that VLPNY has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped VLPNY earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Most importantly, despite possessing fast-paced momentum features, VLPNY is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. VLPNY is currently trading at 0.41 times its sales. In other words, investors need to pay only 41 cents for each dollar of sales.

So, VLPNY appears to have plenty of room to run, and that too at a fast pace.

In addition to VLPNY, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.

This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.

However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.

Click here to sign up for a free trial to the Research Wizard today.

Bitmine's 3.63M ETH accumulation can force a dramatic sentiment shift!

In a groundbreaking move, Texas has allocated $10 million to create a strategic Bitcoin reserve, marking one of the most significant commitments by a U.S. state to the cryptocurrency market. This bold decision was announced in November 2025, making headlines as Texas positions itself at the forefront of the digital currency revolution. The initial investment of $5 million was used to acquire Bitcoin at a discounted rate, a strategic move aimed at leveraging the current market conditions to maximize the state’s financial gains.

The state’s decision to invest in Bitcoin reflects a broader trend of institutional adoption of cryptocurrencies, which have increasingly become part of financial portfolios worldwide. Bitcoin, the first and most prominent cryptocurrency, has seen a meteoric rise in popularity since its inception in 2009. Known for its volatility, Bitcoin’s price has experienced significant fluctuations, yet it has steadily gained acceptance among both retail and institutional investors.

The establishment of a Bitcoin reserve is seen as a strategic step by Texas to hedge against economic uncertainties and inflation. With inflation rates soaring globally and concerns about the stability of traditional financial systems, cryptocurrencies like Bitcoin offer an alternative store of value that is independent of central banks and government policies. By creating a Bitcoin reserve, Texas aims to diversify its financial assets and secure a portion of its wealth in a digital form that is potentially less susceptible to inflationary pressures.

Historically, Texas has been a hub for innovation and technological advancements. The state’s economy, one of the largest in the United States, is diverse, encompassing industries such as energy, technology, and agriculture. By investing in Bitcoin, Texas not only reinforces its image as a forward-thinking state but also sets a precedent for other states to consider cryptocurrencies as a legitimate component of their financial strategies.

The decision to establish a Bitcoin reserve is not without its critics. Skeptics point out the inherent risks associated with cryptocurrency investments, particularly due to Bitcoin’s notorious volatility. Critics argue that the value of Bitcoin can be unpredictable, and a significant drop in its price could lead to substantial financial losses. Moreover, the regulatory landscape for cryptocurrencies remains uncertain, with governments around the world grappling with how to effectively regulate and tax digital assets.

Despite these concerns, the potential benefits of holding Bitcoin appear to outweigh the risks for Texas. The state has been proactive in fostering a favorable environment for blockchain technology and cryptocurrency businesses, offering incentives and support to attract companies in the sector. This pro-crypto stance is likely to encourage further investments in digital currencies and blockchain initiatives, bolstering Texas’s economy and technological capabilities.

As part of its strategy, Texas plans to closely monitor the Bitcoin market and adjust its holdings as necessary. By actively managing its Bitcoin reserve, the state aims to optimize returns and mitigate risks. This approach underscores the importance of having a well-thought-out plan for investing in cryptocurrencies, which involves not only buying and holding but also understanding market dynamics and making informed decisions based on real-time data and analysis.

In the broader context of the United States, Texas’s initiative could spark interest among other states to explore cryptocurrency investments. As digital assets gain legitimacy, more states might consider adopting similar strategies to diversify their financial portfolios and tap into the potential of this burgeoning market. The success of Texas’s Bitcoin reserve could serve as a model for other states contemplating entry into the cryptocurrency space.

However, the path to widespread adoption of state-held Bitcoin reserves is likely to face challenges. Regulatory hurdles, technological barriers, and public perception are all factors that could influence the pace at which other states follow Texas’s lead. The ongoing debate about the environmental impact of Bitcoin mining, which requires significant energy consumption, is another issue that might affect future investments in the sector.

In recent years, the cryptocurrency market has grown exponentially, with a market capitalization surpassing $2 trillion at its peak. Major corporations, financial institutions, and even countries have begun to invest in Bitcoin, recognizing its potential as a hedge against inflation and a store of value. In 2021, El Salvador made history by becoming the first country to adopt Bitcoin as legal tender, a move that has been watched closely by governments worldwide.

Texas’s foray into Bitcoin is a testament to the state’s willingness to embrace new technologies and adapt to changing economic landscapes. This initiative highlights the growing importance of digital currencies in the global financial system and the potential for states to leverage these assets to enhance their economic resilience.

The decision to invest in Bitcoin also reflects a broader societal shift toward digitalization. As the world becomes increasingly interconnected, the demand for digital financial solutions is expected to rise, driving further innovation and adoption of cryptocurrencies. By establishing a Bitcoin reserve, Texas is not only preparing for future economic challenges but also paving the way for a new era of financial management that incorporates digital assets.

In conclusion, Texas’s $10 million investment in a strategic Bitcoin reserve is a bold move that underscores the state’s commitment to innovation and economic diversification. While the decision carries certain risks, the potential rewards of embracing digital currencies could be substantial. As Texas leads the way, other states may soon consider similar investments, ushering in a new chapter in the evolution of state finance and cryptocurrency integration.

Post Views: 13

Key NotesReliance Global cited ZEC’s long-term potential, privacy architecture, and regulatory-aligned dual transaction model.The move follows a broader trend of institutional interest, with Cypherpunk Technologies also acquiring 200,000 ZEC this month. ZEC remains up 40% over the past month, with analysts noting that price action is still bullish.
Reliance Global, a Nasdaq-listed insurance technology firm, has announced plans to move its entire crypto treasury to popular privacy coin ZCash

ZEC
$495.1

24h volatility:
2.5%

Market cap:
$8.14 B

Vol. 24h:
$1.04 B

.

The decision comes following a strong ZEC rally over the past month despite the broader crypto market drawdown.

Reliance Global Moves Entire Crypto Treasury to ZCash
In a major overhaul, Nasdaq-listed Relian Global has completely moved its entire crypto treasury in privacy coin ZCash (ZEC).

The move follows the company’s board-approved expansion into digital assets in September. Winklevoss-backed Cypherpunk Technologies has also made a big bet by acquiring 200,000 ZEC this month.

Initially, the company built a diversified crypto portfolio consisting of Bitcoin

BTC
$86 588

24h volatility:
1.0%

Market cap:
$1.73 T

Vol. 24h:
$61.92 B

and other top performing altcoins like Ethereum

ETH
$2 903

24h volatility:
0.7%

Market cap:
$350.51 B

Vol. 24h:
$21.17 B

, Cardano

ADA
$0.41

24h volatility:
0.4%

Market cap:
$15.16 B

Vol. 24h:
$572.61 M

, XRP

XRP
$2.15

24h volatility:
3.0%

Market cap:
$129.55 B

Vol. 24h:
$4.00 B

, and Solana

SOL
$135.8

24h volatility:
0.1%

Market cap:
$75.93 B

Vol. 24h:
$4.81 B

.

Its most recent allocation under that strategy was a significant Solana purchase last month.

However, in a “comprehensive strategic review” led by Blake Janover, Chairman of the Crypto Advisory Board, Reliance Global, the firm came to the conclusion that ZCash offers the strongest long-term opportunity for its digital asset treasury (DAT) strategy.

The company said the pivot aligns with its updated outlook on the role of privacy assets in future financial systems.

Speaking on the development, Moshe Fishman, a member of the Reliance Global Group Crypto Advisory Board, said:

“Our decision to consolidate our DAT into Zcash reflects a high-conviction belief in ZEC’s long-term potential and its unique position at the convergence of cryptography, compliance, and financial privacy.”

The company said Zcash’s privacy-focused architecture, built on Bitcoin’s underlying framework, introduces advanced confidentiality tools. It enables optional privacy while maintaining regulatory compatibility.

ZCash’s dual transaction system, supporting both transparent and shielded transfers, separates the privacy platform from other networks.

Will the ZEC Rally Continue?
ZCash’s native cryptocurrency ZEC posed a stellar rally over the past month, hitting the highs of $730, before retracing back to $500 as of press time. The altcoin is still trading up by 40% on the monthly chart.

Crypto analyst CryptoPulse reported that Zcash has pulled back to a key resistance-turned-support trendline that buyers have defended in recent weeks.

Analysts noted that the market structure remains bullish as long as the token holds above this level.

💎 $ZEC — Time to Buy the Dip?$ZEC is now sitting right on its resistance-turned-support trendline — a key spot buyers have defended for weeks. As long as price holds above this trendline, the structure remains bullish. 📈

If momentum continues, a move back toward the $730+… pic.twitter.com/TpJhFSpb8U

— CryptoPulse (@CryptoPulse_CRU) November 26, 2025

If momentum continues, ZEC could attempt a move back toward the $730 range. However, a breakdown below the trendline would invalidate the current bullish setup.

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

Key NotesCosmos maintains a $1 billion valuation despite a steep weekly correction.The community has begun a structured research process to redesign ATOM’s economy.Early charts show ATOM holding a critical support band near $2.40.
Cosmos

ATOM
$2.45

24h volatility:
1.0%

Market cap:
$1.18 B

Vol. 24h:
$48.43 M

continues to hold a market capitalization above the $1 billion mark, even after prices dropped by roughly ten percent over the past week.

Meanwhile, the project is preparing for one of the most important structural changes in its history.

The team confirmed that Cosmos, popularly known as the “Internet of Blockchains,” will launch a formal research initiative aiming to build a revenue‑centric token economy. The move will redefine how ATOM supports the Hub in the years ahead.

1/ ATOM Tokenomics are changing 🔥

One of crypto's few truly decentralized networks is about to undergo its biggest transformation yet!

The community gets full control over what happens next for $ATOM.

A thread 🧵 👇 pic.twitter.com/UOJQYsS91e

— tøny (@tonyler_) November 25, 2025

A New Framework for ATOM Utility
Cosmos is shifting away from circular token dynamics in favor of a model based on real fees. As per the forum page, the research initiative will examine ATOM’s current supply and demand profile, test alternative economic structures, and prepare a risk‑controlled transition toward a framework that remains sustainable in the future.

A number of research institutions will participate in the initiative, each contributing independent analysis before the community votes on the final economic design.

The process spans five stages: proposal submission, research‑team selection, information gathering, results analysis, and governance approval.

Community members, validators, and ecosystem partners will take part throughout the process, from initial discussions to final evaluations.

The goal is to make ATOM the revenue token for the enterprise era of the Cosmos Stack, supported by usage fees and ecosystem activity.

ATOM Price Analysis: Breakout Next?
On the 4H chart, ATOM is sitting inside a clear descending channel and has held above a long‑term support region near $2.40-$2.45.

Price action remains tight, with lower highs converging into a narrowing structure along the channel’s lower boundary.

Bollinger Bands show reduced volatility, while the RSI hovers near the 42 level, not very appealing for bulls.

MACD lines move close to the zero axis, offering no firm directional push, while BoP remains slightly negative.

ATOM 4H chart with descending channel. | Source: TradingView

If buyers defend the green support zone, ATOM may attempt a rebound toward the upper boundary of the descending channel.

A break above $2.60 would open the path to the $2.90-$3 range, making it the next crypto to explode in 2025.

However, it is important to note that if ATOM falls under $2.4, it could retest earlier cycle lows near $2.20.

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

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

Parth Dubey on LinkedIn

Texas has become the first US state to purchase Bitcoin (BTC), scooping up $5 million worth via BlackRock’s IBIT ETF. The first-of-its-kind purchase comes amid dwindling prices for the largest cryptocurrency, with plans underway for Texas to self-custody BTC.

Texas Buys The Dip In Historic Purchase
Months after passing a Strategic Bitcoin Reserve bill, Texas has earned its stripes as the first US state to have exposure to the largest cryptocurrency. According to an announcement by Lee Bratcher, President of the Texas Blockchain Council, the state purchased $5 million worth of Bitcoin on November 20.

Per Bratcher, the historic purchase was completed at around $87,000 per coin, representing a significant haul for the Lone Star State. However, Bratcher noted that the state’s BTC exposure is indirect, with the $5 million investment in the cryptocurrency made through BlackRock’s IBIT ETF.

Despite the initial investment in the form of ETFs, Texas plans to gain direct exposure to Bitcoin. Bratcher disclosed that the Lone Star State will eventually self-custody Bitcoin after completing key processes in compliance with extant regulations.

“Texas will eventually self-custody bitcoin, but while that RFP process takes place, this initial allocation was made with BlackRock’s IBIT ETF,” said Bratcher.

Advertisement
 

From a budget perspective, Texas allocated $10 million to accumulate BTC, with half of that amount deployed to the IBIT ETF investment. Although not expressly stated, the second tranche may be used to buy and hold BTC after approved custodians are selected.

Back in May, state senators passed a strategic Bitcoin reserve bill with Texas Governor Gregg Abbot signing it into law in June. The law authorizes the state, through the Texas Comptroller of Public Accounts, to hold Bitcoin and other large-cap cryptocurrencies as a state-managed asset. Meanwhile, Texas has emerged as a leading Bitcoin mining hub in the US, given its early embrace of the technology and cheap electricity.

Bitcoin Continues Its Descent
The purchase by Texas did little to slow Bitcoin’s decline, as the asset fell by over 2% in the last day. Bitcoin reached an intraday high of $88,457 before dropping all the way to $86,131 as macroeconomic headwinds pummelled the asset.

The largest cryptocurrency has wiped out all its yearly gains, putting the stocks of several Bitcoin treasury companies in the red. Apart from falling stock prices, Bitcoin ETFs are recording their fair share of outflows as investors take up defensive positions amid fears of an extended bear market.

In the last month, BTC has shed 23% of its market capitalization, underscored by multiple reports of heavy selling. However, reports of an incoming US Fed rate cut in December are stoking the enthusiasm of investors for an imminent reversal.