Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-05 12:531mo ago
2026-02-05 07:411mo ago
Pandora to pivot to platinum amid volatile silver prices, CEO says
Pandora CEO Berta de Pablos-Barbier discusses the company's new platinum offering, as the jewelry maker tries to reduce its reliance on silver following its recent price surge and volatility.
2026-02-05 12:531mo ago
2026-02-05 07:431mo ago
Netflix: Shares Attractive As Stock Hovers Near 52-Week Lows
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-05 12:531mo ago
2026-02-05 07:441mo ago
ConocoPhillips Posts Weaker Profit on Lower Prices
Hexatronic Group AB (publ) (HTROF) Q4 2025 Earnings Call February 5, 2026 4:00 AM EST
Company Participants
Rikard Fröberg - President & CEO
Martin Åberg - Deputy CEO
Pernilla Linden - Chief Financial Officer
Conference Call Participants
Max Bacco - SEB, Research Division
Fredrik Nilsson - Redeye AB, Research Division
Presentation
Operator
Welcome to the Hexatronic Q4 2025 Report Presentation. [Operator Instructions]
Now, I will hand the conference over to CEO, Rikard Froberg. Please go ahead.
Rikard Fröberg
President & CEO
Good morning, everyone, and welcome to this Q4 earnings call from a cold and wintery Stockholm. I'm Rikard Froberg, CEO of Hexatronic, and I have with me, as usual, Martin Aberg, our Deputy CEO; and Pernilla Linden, Group CFO. Also with us today for the first time is Patrik Johannesson, our brand-new Head of Investor Relations.
If I summarize the quarter in one sentence, I think I would say, we are delivering on the plan that we have laid out. Our net sales were SEK 1.8 billion for an organic growth of 10% in the quarter. And this also meant we swung back to 3% organic growth for the full year. Adjusted EBITA of SEK 133 million or 7.2% margin. And we also see that the important strategic shift that we have been talking about for a while now is continuing. Our fast-growing Data Center and Harsh Environment businesses now account for over 50% of group adjusted profits.
Fiber Solutions, which we know operates in a challenging market environment, saw an organic sales decline of 1% and adjusted EBITA margin of 5.2%. Here, we're executing and actually expanding the performance improvement program we launched a few months ago, and we will come back with some more details on this. Data Center saw another outstanding quarter with 62% organic growth and again, strong margins. We also saw strong momentum for our
SummaryAT&T posted a rare Q4 earnings and revenue beat, sparking a 17% stock rally and renewed investor attention.Despite a 4.2%–4.4% dividend yield and low valuation, T's long-term returns and earnings growth remain weak and inconsistent.Adjusted EPS growth is negligible, with temporary gains masking underlying stagnation and major data breaches highlighting operational risks.I recommend a STRONG HOLD on T due to recent positive momentum, but caution that its lack of innovation and poor track record limit upside.I do much more than just articles at Best Stocks Now! Premium: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » neiu20001/iStock Editorial via Getty Images
AT&T (T), a stock favorite among those who aim to push for dividend yields (currently 4.14%) and consistent income, reported a rare bit of growth in their Q4 earnings report that they delivered last week. As the
Analyst’s Disclosure: I/we have a beneficial long position in the shares of LLY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
, /PRNewswire/ -- Peabody (NYSE: BTU) announced today that its Board of Directors has declared a quarterly dividend on its common stock of $0.075 per share, payable on March 10, 2026 to stockholders of record on February 23, 2026.
Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com.
Contact:
Vic Svec / Kala Finklang
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions. Forward-looking statements provide management's current expectations or predictions of future conditions, events or results. All statements that address operating performance, events, or developments that Peabody expects will occur in the future are forward-looking statements. They may include estimates of sales and other operating performance targets, cost savings, capital expenditures, dividends, share repurchases, other expense items, actions relating to strategic initiatives, demand for the company's products, liquidity, capital structure, market share, industry volume, other financial items, descriptions of management's plans or objectives for future operations and descriptions of assumptions underlying any of the above. The declaration and payment of future quarterly dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash flow and cash requirements, future prospects, and other factors deemed relevant by the Board. All forward-looking statements speak only as of the date they are made and reflect Peabody's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance or events. Furthermore, Peabody disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive and regulatory factors, many of which are beyond Peabody's control, that are described in Peabody's Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2024 and its Quarterly Report on Form 10-Q for the quarters ended Mar. 31, 2025 and Sept. 30, 2025, and other factors that Peabody may describe from time to time in other filings with the SEC. You may get such filings for free at Peabody's website at www.peabodyenergy.com. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.
SOURCE Peabody
2026-02-05 12:531mo ago
2026-02-05 07:451mo ago
Jacobs Selected to Lead Southern California Rail Infrastructure Upgrade
Enhancing rail capacity and reducing congestion along a key US rail corridor
, /PRNewswire/ -- Jacobs (NYSE:J) has been selected by the San Diego Association of Governments to manage construction of the San Dieguito Lagoon Double Track and Special Events Platform project. This critical investment will enhance capacity and reliability along the Los Angeles–San Diego–San Luis Obispo (LOSSAN) Corridor — Southern California's sole rail link and one of the nation's busiest, carrying more than 150 daily passenger trains.
Jacobs will manage delivery of 2.1 miles of track improvements, including a new double track to eliminate a major bottleneck between Solana Beach and Del Mar fairgrounds, designed to ease traffic congestion and improve access during large-scale events.
Jacobs Executive Vice President Eva Wood said: "This investment strengthens the only rail connection between San Diego and the rest of Southern California. With added track and a new platform, we're enabling more reliable service, reducing delays, and supporting a cleaner, more connected future for the region."
Additional upgrades include replacement of the century-old San Dieguito Lagoon bridge to improve climate resiliency, as well as enhancements to turnouts, signals, communications, and drainage systems — all aimed at boosting operational efficiency.
Ranked No. 2 in Transportation by Engineering News-Record, Jacobs moves people, goods and freight – whether by road, rail, sea, underground or even through mountains. From Grand Central Madison, New York City's busiest commuter railroad to the Elizabeth Line, the most significant addition to London's transport network in a generation, Jacobs delivers innovative, resilient solutions that improve mobility, reduce congestion and enhance safety for generations to come.
At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With approximately $12 billion in annual revenue and a talent force of almost 43,000, we provide end-to-end services in advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. From advisory and consulting, feasibility, planning, design, program and lifecycle management, we're creating a more connected and sustainable world. See how at jacobs.com and connect with us on LinkedIn, Instagram, X and Facebook.
Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements including, but not limited to, uncertainties as to, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation and executive orders related to governmental spending, including any directive to federal agencies to reduce federal spending or the size of the federal workforce, and changes in U.S. or foreign tax laws, including the tax legislation enacted in the U.S. in July 2025, statutes, rules, regulations or ordinances, including the impact of, and changes to tariffs and retaliatory tariffs or trade policies, that may adversely impact our future financial positions or results of operations, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, and increased uncertainty and risks, including policy risks and potential civil unrest, relating to the outcome of elections across our key markets and elevated geopolitical tension and conflicts, among others. For a description of these and additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our filings with the U.S. Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
[email protected]
SOURCE Jacobs
2026-02-05 12:531mo ago
2026-02-05 07:451mo ago
3 E Network Announces “AI Smart Energy Plan” for Mikkeli Project, Exploring Algorithm-Driven Approaches to Energy Economics
HONG KONG, Feb. 05, 2026 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK, "3 E" or the "Company"), a business-to-business ("B2B") information technology ("IT") business solutions provider advancing toward next-generation artificial intelligence ("AI") infrastructure solutions, today announced the implementation of its "AI Smart Energy Plan" in connection with the AI Data Center in Mikkeli, Finland. Intended to serve as a top-level planning framework for the construction phase, this blueprint leverages the Company's proprietary innovations in the Internet of Things (IoT) and data intelligence. Through the design of five core technical modules, the plan is designed to support full-chain control over operational energy usage. The initiative aims to optimize Power Usage Effectiveness (PUE) via technological intervention, supporting a transition from traditional "passive consumption" toward "active management."
Amidst surging computing demand and fluctuating conditions in European energy markets, energy efficiency has become an increasingly important factor in the economics of data center operations. Dr. Tingjun Yang, CEO of 3 E, said: "For high-density AI computing centers, electricity is not merely a cost but a strategic asset. The Company is designing the Mikkeli project with the objective of improving energy efficiency through algorithm-driven management approaches. By aligning computing workloads with real-time market signals, this framework is intended to support more efficient energy utilization over time, subject to market and operational conditions."
The newly released Smart Energy Plan encompasses the following proposed key technical pillars:
Construction of Omni-Domain High-Frequency Sensing System: Utilizing a dense IoT sensor network, the system is designed to generate a high-frequency, full-state digital mapping of the physical environment. By aggregating multi-dimensional data—spanning IT load characteristics, chiller operating status, and outdoor meteorological conditions—the system is designed to generate high-precision decision inputs for AI algorithms, with the objective of reducing blind spots and enhancing operational visibility.Implementation of AI-Adaptive Closed-Loop Tuning: Building upon and extending beyond traditional static configurations, the system is designed to employ machine learning models to execute closed-loop control over cooling strategies. It is intended to dynamically align fan speeds and refrigerant flow rates with real-time thermal loads, supporting precise "cooling-on-demand." This mechanism is expected to help reduce energy waste, ensuring the facility continuously operates within its optimal designed PUE range.Development of High-Precision Price Prediction Models: Tailored to the characteristics of the regional power market, this module is designed to utilize time-series forecasting technology to decode grid supply and demand trends. It is intended to generate forward-looking price trend signals that may serve as an important input for economic workload scheduling.Establishment of Economic Workload Dispatch Mechanism: Creating a synergistic "Compute-Energy" response protocol. Guided by predictive pricing signals, the system is designed to support automate task orchestration: while seeking to maintain the Service Level Agreement (SLA) of critical tasks, it automatically migrates high-intensity large-scale training workloads to off-peak price windows. This strategy is intended to support optimization of the Operational Expenditure (OPEX) structure. "Passive Consumption" to "Active Management": Reframing the interaction logic between the infrastructure and the power grid. Through integrated Demand Response modules, the facility is designed to support bidirectional regulatory capabilities. The system may adjust power consumption to assist grid balancing based on utility instructions to support grid balancing efforts, with the potential to integrate more closely into the local green energy ecosystem and explore ancillary service opportunities. This "AI Smart Energy Plan" represents a strategic framework developed by the Company that draws on its technological capabilities to support the operational performance of the Mikkeli project. In an era where energy efficiency plays an increasingly important role in AI computing margins, this algorithm-driven management model is intended to enhance the Company's resilience against energy price fluctuations over time, supporting more sustainable cost management. Furthermore, by embedding "green sustainability" into its core business logic, the plan is designed to align with strict Nordic environmental standards and may serve as a standardized reference framework for future global expansion, supporting a competitive position within the industry.
About 3 E Network Technology Group Limited
3 E Network Technology Group Limited is a business-to-business ("B2B") information technology ("IT") business solutions provider, committed to becoming a next-generation artificial intelligence ("AI") infrastructure solutions provider. It upholds the industry consensus of "AI and energy symbiosis" and has excellent vision in the field of energy investment. The Company's business comprises two main portfolios: the data center operation services portfolio and the software development portfolio. For more information, please visit the Company's website at https://3emask.com/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
SummaryMicrosoft delivered a strong Q2, beating top- and bottom-line estimates, yet the stock sold off on perceived Azure growth slowdown.MSFT's AI strategy is broader than Azure, with M365 Copilot, GitHub Copilot, and Maia 200 chip showing robust growth and overlooked potential.I upgrade MSFT to Strong Buy, based on my ensemble model's price target of $562, as current pessimism and indiscriminate selling present a long-term accumulation opportunity.Risks include margin compression, slow Copilot adoption, and competitive threats, but MSFT's diversified AI momentum remains underappreciated.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MSFT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I/we have a beneficial Long position in the shares of GOOGL, AMZN either through stock ownership, options, or other derivatives.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Shares of Waste Management Inc. (NYSE: WM) reached a $242.58 all-time high last June. They are down 6.7% since then, despite rising 3.7% in the past month. In the past 90 days, the stock has outperformed the S&P 500. As the market continues to run higher since a significant downturn last spring, this industrials sector staple maintains its position as a defensive stock, with this company currently boasting 84% institutional ownership.
Although Waste Management is a trash-hauling behemoth today, it had humble beginnings. Harm Huizenga began picking up garbage in Chicago in 1893 for $1.25 per wagonload. About 75 years later, his grandson Wayne Huizenga resurrected the family business, founded Waste Management, and quickly undertook a growth-by-acquisition strategy, buying up hundreds of small trash collection services across the country.
Those days are long gone. U.S. Waste Services, which had been a publicly traded company since 1987, acquired Waste Management in 1998 and assumed the Waste Management name. The stock has generated total returns of more than 959% over three decades, about the same as the S&P 500. The trash hauler began paying a dividend when the two companies merged, and it has consistently increased the payout every year since 2004. Since then, the dividend has grown from $0.75 per share to $3.30 per share, and it has raised the payout by a compound growth rate of 7.9% annually for the past 10 years.
24/7 Wall St. aims to provide readers with our assumptions about the stock’s prospects going forward, what growth we see in the stock for the next several years, and what our best estimates are for its share price each year through 2030.
Waste Management’s Recent Success
There are few things as certain in life as death and taxes, but one of the essentials for quality of life is trash collection. Because it is so vital to our health and well-being, Waste Management is a stalwart stock in all kinds of markets. Even during the pandemic, the stock held up better than most. Over the past five years, shares have outpaced the market, doubling in value.
1. Wide and Deep Competitive Moat: While trash-hauling services are relatively easily replicated, Waste Management’s dominance in landfill ownership is difficult, if not impossible, to match. Few landfills, if any, are being approved, and siting them is difficult because of the regulatory hurdles that must be scaled. The company holds roughly 30% of the U.S. landfill waste market share—the most of any individual company.
2. Expansion Opportunities: With its vertical integration and commanding leadership position in waste disposal and landfills providing significant cost efficiencies, Waste Management’s recent acquisition of Stericycle allows it to expand into medical waste disposal. Stericycle operates in over 20 countries and handles more than 1 million tons of medical waste annually. There are numerous smaller operators in the space, giving WM a chance to roll up the industry.
3. Renewable Energy and Recycling: Although a trash hauling business doesn’t seem to translate easily into renewable energy, landfills produce significant amounts of methane gas, which Waste Management seeks to capture, store, and transport. The company has earmarked $3 billion for renewable energy and recycling. WM is also a major developer, operator, and owner of landfill gas-to-energy facilities for producing renewable electricity and renewable natural gas in the U.S. and Canada. It expects the segment to deliver EBITDA of $510 million in renewable energy and $290 million worth in recycling.
Stock Price Prediction 2026 to 2030
Wall Street analysts’ consensus one-year price target for Waste Management is $251.64, or 11.1% higher than today’s stock price. Of 27 analysts who follow the stock, 19 of them recommend buying shares, three with Strong Buy ratings.
However, 24/7 Wall St.’s year-end forecast is more bullish, projecting the stock will trade for $269.99 per share. Yet that represents over 19% upside potential, and it is based on its significant competitive advantages and expansion into new markets that should continue to insulate it from any further broad market sell-offs.
Revenue* Net Income* EPS 2026 $26,199 $3,390 $9.31 2027 $28,819 $3,865 $10.61 2028 $31,701 $4,444 $12.21 2029 $34,871 $5,111 $14.04 2030 $39,056 $5,980 $16.43 *Revenue and net income in billions
By 2030, Waste Management’s dominance across several waste disposal markets, as well as its preeminent position with landfills, will have revenue growing 12% annually and margin growth improving to 17%. We estimate, however, that the market will return to its more historical earnings multiple of 29 by the end of 2030, giving us a target price of $476.47 per share, or more than double the current share price. Here’s a look at how it gets there:
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Canada Goose's profit slipped in its fiscal third quarter as heavier marketing spending and one-time charges outweighed revenue gains in its key holiday period.
2026-02-05 12:531mo ago
2026-02-05 07:461mo ago
Peloton Revenue Falls on Declining Subscriptions as CFO Leaves
Peloton's revenue fell in the fiscal second quarter on falling subscription numbers as the company projected further declines going into the third quarter.
2026-02-05 12:531mo ago
2026-02-05 07:461mo ago
Peabody Reports Results for the Quarter and Year Ended December 31, 2025
Key Operational and Financial Metrics Meet or Exceed 2025 Full-Year Guidance
Centurion Longwall Mining Ahead of Schedule
U.S. Policy and Market Tailwinds Supportive of Increasing Coal Use
, /PRNewswire/ -- Peabody (NYSE: BTU) today reported fourth quarter net income attributable to common stockholders of $10.4 million, or $0.09 per diluted share, compared to $30.6 million, or $0.25 per diluted share, in the prior year quarter. Peabody had Adjusted EBITDA1 of $118.1 million in the fourth quarter of 2025, compared to $176.7 million in the fourth quarter of 2024.
Full-year 2025 revenue totaled $3,861.5 million compared to $4,236.7 million in the prior year in the face of sharply lower seaborne coal prices. Full-year 2025 net income attributable to common stockholders totaled $(52.9) million, or $(0.43) per diluted share, compared to $370.9 million, or $2.70 per diluted share in the prior year. Adjusted EBITDA was $454.9 million compared to $871.7 million in the prior year.
"Peabody's continued strong operational performance in the fourth quarter capped an excellent year with record safety and environmental results, increased volumes and focused cost control," said Peabody President and Chief Executive Officer Jim Grech. "Against a new backdrop of rising seaborne metallurgical coal prices, we are pleased to announce the accelerated start of longwall operations this week at our flagship Centurion mine, which materially upgrades both the quantity and quality of our steelmaking coal production. And U.S. market conditions remain highly favorable for our thermal coal platform with growing interest in increased coal generation, expanding West Coast export capabilities and potential rare earth/critical mineral opportunities."
Fourth Quarter and Full Year Highlights
Peabody reported full-year Adjusted EBITDA of $455 million, despite sharply lower seaborne coal prices in 2025. The company generated operating cash flow from continuing operations of $336 million and reported $575 million of Cash and Cash Equivalents at December 31, 2025. Peabody's full-year results met or exceeded original full-year guidance across seven of eight segment volume and cost metrics. Peabody's operations achieved a global TRIFR of 0.71 per 200,000 hours worked, setting an all-time record for the lowest incidence rate in the Company's history for the second consecutive year, surpassing the previous year's record low of 0.81. Peabody also reclaimed approximately two acres for every acre disturbed, continuing its track record of environmental excellence. Centurion's longwall is anticipated to begin cutting coal this week, two months ahead of schedule, marking a major milestone and strengthening Peabody's seaborne metallurgical segment with an estimated 3.5 million tons of premium low vol hard coking coal production in 2026, ramping up to 4.7 million tons in 2028. Mr. Grech was appointed Chair of the National Coal Council (NCC). A key priority of the NCC will be to advise the Administration on ways to expand use of coal‑fueled generation, build new coal plants, and export greater quantities of U.S. coal. Supportive U.S. policy and market conditions including higher natural gas prices, and AI and data‑center‑driven demand for dispatchable power resulted in increased coal plant utilization and supported higher volumes across the U.S. thermal coal portfolio, led by 85 million tons from our Powder River Basin mines. The company advanced projects relating to evaluation of rare earth element and critical mineral potential, power generation from coal mine gas at Centurion, and development of 3 GW of renewable energy projects on former mined lands in the Midwest. Peabody declared a $0.075 per share dividend on Feb. 5, 2026, payable on Mar. 10, 2026 to shareholders of record on Feb. 23, 2026. Fourth Quarter Segment Performance
Seaborne Thermal
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Tons sold (in millions)
3.3
4.1
4.2
15.4
16.4
Export
2.1
2.8
2.8
9.9
10.6
Domestic
1.2
1.3
1.4
5.5
5.8
Revenue per Ton
$ 62.84
$ 59.25
$ 73.55
$ 58.97
$ 73.88
Export - Avg. Realized Price per Ton
81.80
76.54
96.41
77.69
99.87
Domestic - Avg. Realized Price per Ton
25.92
24.62
25.47
24.86
25.96
Costs per Ton
43.43
49.23
46.97
44.55
47.71
Adjusted EBITDA Margin per Ton
$ 19.41
$ 10.02
$ 26.58
$ 14.42
$ 26.17
Adjusted EBITDA (in millions)
$ 63.5
$ 41.0
$ 111.8
$ 222.2
$ 430.0
Seaborne Thermal volumes totaled 3.3 million tons, ahead of expectations. The average export price per ton of $81.80 increased 7 percent from the prior quarter, despite the third-quarter closure of the Wambo Underground Mine. Costs per ton were better than expectations driven by higher-than-anticipated production. The segment delivered 31 percent Adjusted EBITDA margins on Adjusted EBITDA of $63.5 million, a 55 percent increase from the previous quarter.
Seaborne Metallurgical
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Tons sold (in millions)
2.5
2.1
2.2
8.6
7.3
Revenue per Ton
$ 122.84
$ 121.34
$ 123.41
$ 120.88
$ 144.97
Costs per Ton
112.94
108.31
113.05
114.31
122.77
Adjusted EBITDA Margin per Ton
$ 9.90
$ 13.03
$ 10.36
$ 6.57
$ 22.20
Adjusted EBITDA, Excluding Insurance Recovery
(in millions)
$ 24.6
$ 27.8
$ 22.8
$ 56.4
$ 161.7
Shoal Creek Insurance Recovery (in millions)
—
—
—
—
80.8
Adjusted EBITDA (in millions)
$ 24.6
$ 27.8
$ 22.8
$ 56.4
$ 242.5
Seaborne Metallurgical volumes came in ahead of expectations at 2.5 million tons, reflecting a 19 percent increase over the prior quarter. Costs per ton were in line with targets, despite an early start to wet summer weather in Queensland. The segment reported 8 percent Adjusted EBITDA margins on Adjusted EBITDA of $24.6 million.
Powder River Basin
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Tons sold (in millions)
22.3
22.6
23.0
84.5
79.6
Revenue per Ton
$ 13.44
$ 13.36
$ 13.79
$ 13.64
$ 13.81
Costs per Ton
11.44
11.07
11.50
11.56
12.07
Adjusted EBITDA Margin per Ton
$ 2.00
$ 2.29
$ 2.29
$ 2.08
$ 1.74
Adjusted EBITDA (in millions)
$ 44.8
$ 51.7
$ 52.7
$ 175.8
$ 138.6
Powder River Basin (PRB) shipped 22.3 million tons in the fourth quarter, finishing the year 4.9 million tons higher than 2024. PRB average realized price per ton for the quarter was above targets, with costs in line with expectations. The segment delivered 15 percent Adjusted EBITDA margins and Adjusted EBITDA of $44.8 million for the quarter and $175.8 million for 2025, a 27 percent increase over 2024.
Other U.S. Thermal
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Tons sold (in millions)
3.7
3.7
3.7
13.4
14.6
Revenue per Ton
$ 51.64
$ 51.77
$ 57.74
$ 52.82
$ 56.38
Costs per Ton
46.77
49.90
46.73
47.49
46.04
Adjusted EBITDA Margin per Ton
$ 4.87
$ 1.87
$ 11.01
$ 5.33
$ 10.34
Adjusted EBITDA (in millions)
$ 18.1
$ 6.9
$ 40.5
$ 71.4
$ 150.8
Other U.S. Thermal shipped 3.7 million tons in the quarter, above company targets. Revenue per ton came in above expectations and costs per ton were modestly down quarter over quarter. The segment reported Adjusted EBITDA of $18.1 million for the quarter and $71.4 million for 2025.
Balance Sheet/Liquidity
Peabody ended the year with a strong financial position, supported by $336 million of operating cash flow from continuing operations in 2025 and $575 million of Cash and Cash Equivalents at December 31, 2025. The Company maintained substantial liquidity throughout the year, ensuring the financial flexibility to support its shareholder return framework and advance strategic growth initiatives.
"Peabody has continued to demonstrate balance sheet strength while investing approximately $750 million in recent years to develop and expand Centurion, which will significantly increase our leverage to the premium hard coking coal segment of the metallurgical market," said Executive Vice President and Chief Financial Officer Mark Spurbeck. "With sustained higher met coal realizations and lower capital expenditures, Peabody will be better positioned to return additional free cash flow to shareholders, consistent with our established return framework."
Centurion Longwall Mining Ahead of Schedule
Longwall mining is anticipated to begin this week at Centurion, Peabody's flagship tier-one premium hard coking coal mine in Australia's Bowen Basin. The startup comes two months ahead of its original target and strengthens Peabody's position in the seaborne metallurgical coal market.
"With a low cost structure, premium price realizations and a long mine life, Centurion immediately vaults to the top of Peabody's coal operations and establishes a multi-decade foundation for shareholder value creation," said Peabody President and Chief Executive Officer Jim Grech. "Full operations at Centurion follow years of strategic investment, and investors will now begin to benefit from this premier addition to the portfolio."
Centurion will significantly enhance Peabody's metallurgical coal platform with an average annual production of 4.7 million tons at estimated costs of $105 per ton (2024 dollars) over a 25-year-plus mine life. The mine benefits from an expanded integrated mine plan of 140 million tons in the coveted Goonyella Middle Seam. Centurion is targeted to deliver 3.5 million tons in 2026, ramping to its targeted 4.7‑million‑ton annual run rate by 2028.
Centurion's product quality and proximity to key demand nodes in Asia results in full benchmark premium hard coking coal pricing. Peabody's segment‑wide metallurgical coal realizations are expected to improve meaningfully from approximately 70 percent of benchmark in 2025 to 80 percent in 2026, with the potential to exceed that level as Centurion reaches full scale. The company now assesses Centurion's net present value at $2.1 billion at $225 per tonne benchmark pricing, an increase of more than 30 percent over the estimate of late 2024.
Rare Earth Elements and Critical Mineral Advancement
Peabody continues to pursue rare earth element (REE) and critical mineral (CM) opportunities from "unconventional" deposits, with substantial testing primarily at its Powder River Basin operations. In addition to the standard array of light rare earth elements, current assessments indicate that the company's large volumes of selective mining feedstock contain an attractive proportion of heavy rare earths including yttrium, dysprosium and terbium, as well as other critical minerals such as germanium, gallium and scandium.
Peabody has advanced multiple REE/CM workstreams since mid-2025:
The company is conducting extensive testing to evaluate mineral types and concentrations. Analysis to date of the targeted PRB feedstocks indicates critical mineral oxide concentrations (CMOCs) ranging from 428 — 1,669 ppm (parts per million) on a dry-ash basis. Heavy rare earths account for an estimated 21 – 28 percent of CMOCs. Additionally, germanium and gallium concentrations in select mining areas are attractive. Peabody has been recommended by the Wyoming Energy Authority to receive funding of $6.25 million for a pilot plant using Peabody's PRB coal for REE/CM processing. Peabody is developing flowsheets in conjunction with technology partners to support techno-economic assessments and produce rare earth products. The company is continuing collaboration with government agencies and departments focused on accelerating timelines to production. While Peabody's rare earth and critical minerals initiative is in early stages, the company is encouraged by the progress to date and has expanded the scope of activities to evaluate commercial potential.
Focus Areas for 2026
"As we begin 2026, Peabody continues to advance our transition to greater metallurgical coal production while building on our leadership position in U.S. energy coal," said Mr. Grech. "Our investment thesis is supported by a strengthened portfolio, disciplined capital allocation framework, and increasing opportunities across both steelmaking coal and U.S. energy markets. In 2026, we are focused on ramping up Centurion production, capitalizing on rising electricity demand and returning to free cash flow generation," said Mr. Grech.
Peabody's 2026 priorities include:
Driving safe, reliable and efficient operations across the company Achieving full operational performance at Centurion Continuing the strong Adjusted EBITDA-to-capex margins from Peabody's high-cash-flowing thermal coal assets Preserving balance sheet strength and increasing free cash flow to support shareholder returns Progressing workstreams to maximize commercial opportunities using the company's land/coal resources First Quarter 2026 Outlook
Seaborne Thermal
Seaborne Thermal volumes are expected to be 2.8 million tons, including 1.7 million export tons. 0.2 million export tons are priced at $101.05 per ton, and 0.7 million tons of Newcastle product and 0.8 million tons of high ash product are unpriced. Sales volume is expected to be lower in the first quarter due to sequencing at the Wilpinjong Mine, with segment costs anticipated to be $51-$56 per ton. Seaborne Metallurgical
Seaborne met volumes are expected to be 2.4 million tons and are expected to achieve approximately 75 percent of the premium hard coking coal price index. Costs are anticipated to be $117-$122 per ton. Longwall moves are planned at Metropolitan and Shoal Creek in the quarter. U.S. Thermal
PRB volume is expected to be approximately 21 million tons at an average price of $13.40 per ton and costs of approximately $11.75-$12.25 per ton. Other U.S. Thermal volume is expected to be approximately 3.3 million tons at an average price of $54.50 per ton and costs of approximately $45-$49 per ton. Today's earnings call is scheduled for 10 a.m. CT and can be accessed via the company's website at PeabodyEnergy.com.
Peabody (NYSE: BTU) is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Our commitment to sustainability underpins everything we do and shapes our strategy for the future. For further information, visit PeabodyEnergy.com.
Contacts:
Vic Svec / Kala Finklang
[email protected]
_______________________________
1 Adjusted EBITDA is a non-GAAP financial measure. Adjusted EBITDA margin is equal to segment Adjusted EBITDA (excluding insurance recoveries) divided by segment revenue. Revenue per Ton and Adjusted EBITDA Margin per Ton are equal to revenue by segment and Adjusted EBITDA by segment (excluding insurance recoveries), respectively, divided by segment tons sold. Costs per Ton is equal to Revenue per Ton less Adjusted EBITDA Margin per Ton. Management believes Costs per Ton and Adjusted EBITDA Margin per Ton best reflect controllable costs and operating results at the reportable segment level. We consider all measures reported on a per ton basis, as well as Adjusted EBITDA margin, to be operating/statistical measures. Please refer to the tables and related notes herein for a reconciliation and definition of non-GAAP financial measures.
Guidance Targets
Segment Performance
2026 Full Year
Total Volume
(millions of
short tons)
Priced Volume
(millions of short
tons)
Priced Volume
Pricing per
Short Ton
Average Cost per
Short Ton
Seaborne Thermal
12.0 - 13.0
4.7
$35.18
$47.50 - $52.50
Seaborne Thermal (Export)
7.5 - 8.5
0.2
$101.05
NA
Seaborne Thermal (Domestic)
4.5
4.5
$32.25
NA
Seaborne Metallurgical
10.3 - 11.3
0.3
$141.85
$108.00 - $118.00
PRB U.S. Thermal
82.0 - 88.0
78.3
$13.40
$11.25 - $11.75
Other U.S. Thermal
13.2 - 14.2
13.2
$54.40
$45.00 - $49.00
Other Annual Financial Metrics ($ in millions)
2026 Full Year
SG&A
$115
Total Capital Expenditures
$340
ARO Cash Spend
$65
Supplemental Information
Seaborne Thermal
45% of unpriced export volumes are expected to price on average at
Globalcoal "NEWC" levels and 55% are expected to have a higher ash content
and price at 85-95% of API 5 price levels.
Seaborne Metallurgical
On average, Peabody's metallurgical sales are anticipated to price at ~80% of
the premium hard-coking coal index price (FOB Australia).
PRB and Other U.S. Thermal
PRB and Other U.S. Thermal volumes reflect volumes priced at December 31,
2025. Weighted average quality for the PRB segment 2026 volume is
approximately 8,725 BTU.
Certain forward-looking measures and metrics presented are non-GAAP financial and operating/statistical measures. Due to the volatility and variability of certain items needed to reconcile these measures to their nearest GAAP measure, no reconciliation can be provided without unreasonable cost or effort.
Condensed Consolidated Statements of Operations (Unaudited)
For the Quarters Ended Dec. 31, 2025, Sept. 30, 2025 and Dec. 31, 2024 and the
Years Ended Dec. 31, 2025 and 2024
(In Millions, Except Per Share Data)
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Revenue
$ 1,022.3
$ 1,012.1
$ 1,123.1
$ 3,861.5
$ 4,236.7
Operating Costs and Expenses (1)
878.4
896.9
957.0
3,334.9
3,420.9
Depreciation, Depletion and Amortization
99.0
100.0
95.6
384.5
343.0
Asset Retirement Obligation Expenses
(4.8)
13.9
10.2
36.5
48.9
Selling and Administrative Expenses
30.5
27.4
26.3
105.0
91.0
Restructuring Charges
0.3
4.0
2.3
9.5
4.4
Costs Related to Terminated Acquisition
3.7
54.0
10.3
78.9
10.3
Net Gain on Disposals
(2.4)
(5.3)
(0.1)
(27.7)
(9.8)
Shoal Creek Insurance Recovery
—
—
—
—
(109.5)
Loss (Income) from Equity Affiliates
4.2
2.6
(18.6)
14.4
(11.5)
Other Operating Loss
5.6
—
—
5.6
3.7
Operating Profit (Loss)
7.8
(81.4)
40.1
(80.1)
445.3
Interest Expense, Net of Capitalized Interest
11.3
10.0
11.8
43.9
46.9
Interest Income
(12.3)
(13.9)
(17.3)
(55.4)
(71.0)
Net Periodic Benefit Credit, Excluding Service Cost
(7.4)
(7.5)
(10.2)
(29.7)
(40.6)
Net Mark-to-Market Adjustment on Actuarially Determined
Liabilities
(5.4)
—
(6.1)
(5.4)
(6.1)
Income (Loss) from Continuing Operations Before Income Taxes
21.6
(70.0)
61.9
(33.5)
516.1
Income Tax Provision (Benefit)
10.0
(3.4)
23.6
8.8
108.8
Income (Loss) from Continuing Operations, Net of Income Taxes
11.6
(66.6)
38.3
(42.3)
407.3
Income (Loss) from Discontinued Operations, Net of Income
Taxes
0.8
(0.3)
(0.5)
(0.2)
(3.8)
Net Income (Loss)
12.4
(66.9)
37.8
(42.5)
403.5
Less: Net Income Attributable to Noncontrolling Interests
2.0
3.2
7.2
10.4
32.6
Net Income (Loss) Attributable to Common Stockholders
$ 10.4
$ (70.1)
$ 30.6
$ (52.9)
$ 370.9
Adjusted EBITDA (2)
$ 118.1
$ 99.5
$ 176.7
$ 454.9
$ 871.7
Diluted EPS - Income (Loss) from Continuing Operations (3)(4)
$ 0.08
$ (0.57)
$ 0.25
$ (0.43)
$ 2.73
Diluted EPS - Net Income (Loss) Attributable to Common
Stockholders (3)
$ 0.09
$ (0.58)
$ 0.25
$ (0.43)
$ 2.70
(1)
Excludes items shown separately.
(2)
Adjusted EBITDA is a non-GAAP financial measure. Refer to the "Reconciliation of Non-GAAP Financial Measures" section in this document for definitions and reconciliations to the most comparable measures under U.S. GAAP.
(3)
Weighted average diluted shares outstanding were 123.0 million, 121.7 million and 138.4 million during the quarters ended December 31, 2025, September 30, 2025 and December 31, 2024, respectively. During the years ended December 31, 2025 and 2024, weighted average diluted shares outstanding were 121.8 million and 141.9 million, respectively.
(4)
Reflects income (loss) from continuing operations, net of income taxes less net income attributable to noncontrolling interests.
This information is intended to be reviewed in conjunction with the company's filings with the SEC.
Condensed Consolidated Balance Sheets
As of Dec. 31, 2025 and 2024
(Dollars In Millions)
(Unaudited)
Dec. 31, 2025
Dec. 31, 2024
Cash and Cash Equivalents
$ 575.3
$ 700.4
Accounts Receivable, Net
314.9
359.3
Inventories, Net
383.2
393.4
Other Current Assets
285.4
327.6
Total Current Assets
1,558.8
1,780.7
Property, Plant, Equipment and Mine Development, Net
3,153.3
3,081.5
Operating Lease Right-of-Use Assets
121.2
119.3
Restricted Cash and Collateral
844.1
809.8
Investments and Other Assets
127.6
162.4
Deferred Income Taxes
2.2
—
Total Assets
$ 5,807.2
$ 5,953.7
Current Portion of Long-Term Debt
$ 15.2
$ 15.8
Accounts Payable and Accrued Expenses
827.0
811.7
Total Current Liabilities
842.2
827.5
Long-Term Debt, Less Current Portion
321.2
332.3
Deferred Income Taxes
26.3
40.9
Asset Retirement Obligations, Less Current Portion
692.8
667.8
Accrued Postretirement Benefit Costs
109.2
120.4
Operating Lease Liabilities, Less Current Portion
87.5
86.7
Other Noncurrent Liabilities
145.8
169.3
Total Liabilities
2,225.0
2,244.9
Common Stock
1.9
1.9
Additional Paid-in Capital
4,004.8
3,990.5
Treasury Stock
(1,927.3)
(1,926.5)
Retained Earnings
1,355.9
1,445.8
Accumulated Other Comprehensive Income
101.1
138.8
Peabody Energy Corporation Stockholders' Equity
3,536.4
3,650.5
Noncontrolling Interests
45.8
58.3
Total Stockholders' Equity
3,582.2
3,708.8
Total Liabilities and Stockholders' Equity
$ 5,807.2
$ 5,953.7
This information is intended to be reviewed in conjunction with the company's filings with the SEC.
Condensed Consolidated Statements of Cash Flows (Unaudited)
For the Quarters Ended Dec. 31, 2025, Sept. 30, 2025 and Dec. 31, 2024 and the
Years Ended Dec. 31, 2025 and 2024
(Dollars In Millions)
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Cash Flows From Operating Activities
Net Cash Provided By Continuing Operations
$ 69.2
$ 122.5
$ 121.4
$ 336.0
$ 612.8
Net Cash Used in Discontinued Operations
(0.6)
(0.5)
(1.6)
(2.3)
(6.3)
Net Cash Provided By Operating Activities
68.6
122.0
119.8
333.7
606.5
Cash Flows From Investing Activities
Additions to Property, Plant, Equipment and Mine Development
(130.6)
(116.2)
(135.6)
(411.4)
(401.3)
Changes in Accrued Expenses Related to Capital Expenditures
24.6
7.4
5.3
(10.0)
(1.2)
Wards Well Acquisition
—
—
—
—
(143.8)
Deposit Associated with Terminated Acquisition
—
—
(75.0)
—
(75.0)
Returned Deposit Related to Terminated Acquisition
—
29.0
—
29.0
—
Insurance Proceeds Attributable to Shoal Creek Equipment
Losses
—
—
—
—
10.9
Proceeds from Disposal of Assets, Net of Receivables
15.9
4.1
1.0
32.5
17.1
Contributions to Joint Ventures
(165.7)
(144.9)
(177.9)
(601.9)
(728.0)
Distributions from Joint Ventures
162.8
148.3
167.4
617.8
717.2
Other, Net
(0.8)
0.2
6.3
(2.6)
6.0
Net Cash Used In Investing Activities
(93.8)
(72.1)
(208.5)
(346.6)
(598.1)
Cash Flows From Financing Activities
Repayments of Long-Term Debt
(2.3)
(2.3)
(3.2)
(12.2)
(10.4)
Proceeds from Loan Note Related to Terminated Acquisition
—
—
9.3
—
9.3
Repayment of Loan Note Related to Terminated Acquisition
—
(9.3)
—
(9.3)
—
Payment of Debt Issuance and Other Deferred Financing Costs
—
—
(0.9)
(1.8)
(12.0)
Common Stock Repurchases
—
—
—
—
(183.1)
Excise Taxes Paid Related to Common Stock Repurchases
—
—
(3.3)
(1.7)
(3.3)
Repurchase of Employee Common Stock Relinquished for Tax
Withholding
—
—
—
(0.8)
(4.1)
Dividends Paid
(9.0)
(9.2)
(9.1)
(36.5)
(37.6)
Distributions to Noncontrolling Interests
(0.1)
(8.1)
—
(22.9)
(34.8)
Net Cash Used In Financing Activities
(11.4)
(28.9)
(7.2)
(85.2)
(276.0)
Net Change in Cash, Cash Equivalents and Restricted Cash
(36.6)
21.0
(95.9)
(98.1)
(267.6)
Cash, Cash Equivalents and Restricted Cash at Beginning of
Period
1,321.1
1,300.1
1,478.5
1,382.6
1,650.2
Cash, Cash Equivalents and Restricted Cash at End of
Period
$ 1,284.5
$ 1,321.1
$ 1,382.6
$ 1,284.5
$ 1,382.6
This information is intended to be reviewed in conjunction with the company's filings with the SEC.
Reconciliation of Non-GAAP Financial Measures (Unaudited)
For the Quarters Ended Dec. 31, 2025, Sept. 30, 2025 and Dec. 31, 2024 and the
Years Ended Dec. 31, 2025 and 2024
(Dollars In Millions)
Note: Management believes that non-GAAP financial measures are used by investors to measure our operating performance. These measures are not
intended to serve as alternatives to U.S. GAAP measures of performance and may not be comparable to similarly-titled measures presented by
other companies.
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Income (Loss) from Continuing Operations, Net of Income Taxes
$ 11.6
$ (66.6)
$ 38.3
$ (42.3)
$ 407.3
Depreciation, Depletion and Amortization
99.0
100.0
95.6
384.5
343.0
Asset Retirement Obligation Expenses
(4.8)
13.9
10.2
36.5
48.9
Restructuring Charges
0.3
4.0
2.3
9.5
4.4
Costs Related to Terminated Acquisition
3.7
54.0
10.3
78.9
10.3
Shoal Creek Insurance Recovery - Property Damage
—
—
—
—
(28.7)
Changes in Amortization of Basis Difference Related to Equity
Affiliates
(0.8)
(0.5)
(0.7)
(2.7)
(1.8)
Other Operating Loss
5.6
—
—
5.6
3.7
Interest Expense, Net of Capitalized Interest
11.3
10.0
11.8
43.9
46.9
Interest Income
(12.3)
(13.9)
(17.3)
(55.4)
(71.0)
Net Mark-to-Market Adjustment on Actuarially Determined
Liabilities
(5.4)
—
(6.1)
(5.4)
(6.1)
Unrealized Losses (Gains) on Foreign Currency Option
Contracts
0.1
2.3
9.4
(6.0)
9.0
Take-or-Pay Contract-Based Intangible Recognition
(0.2)
(0.3)
(0.7)
(1.0)
(3.0)
Income Tax Provision (Benefit)
10.0
(3.4)
23.6
8.8
108.8
Adjusted EBITDA (1)
$ 118.1
$ 99.5
$ 176.7
$ 454.9
$ 871.7
Operating Costs and Expenses
$ 878.4
$ 896.9
$ 957.0
$ 3,334.9
$ 3,420.9
Unrealized (Losses) Gains on Foreign Currency Option
Contracts
(0.1)
(2.3)
(9.4)
6.0
(9.0)
Take-or-Pay Contract-Based Intangible Recognition
0.2
0.3
0.7
1.0
3.0
Net Periodic Benefit Credit, Excluding Service Cost
(7.4)
(7.5)
(10.2)
(29.7)
(40.6)
Total Segment Costs (2)
$ 871.1
$ 887.4
$ 938.1
$ 3,312.2
$ 3,374.3
(1)
Adjusted EBITDA is defined as income (loss) from continuing operations before deducting net interest expense, income taxes, asset retirement obligation expenses and depreciation, depletion and amortization. Adjusted EBITDA is also adjusted for the discrete items that management excluded in analyzing the reportable segments' operating performance, as displayed in the reconciliation above. Adjusted EBITDA is used by the chief operating decision maker as the primary financial metric to measure each segment's operating performance against expected results and to allocate resources, including capital investment in mining operations and potential expansions.
(2)
Total Segment Costs is defined as operating costs and expenses adjusted for the discrete items that management excluded in analyzing each segment's operating performance, as displayed in the reconciliation above. Total Segment Costs is used by management as a component of a metric to measure each segment's operating performance.
This information is intended to be reviewed in conjunction with the company's filings with the SEC.
Supplemental Financial Data (Unaudited)
For the Quarters Ended Dec. 31, 2025, Sept. 30, 2025 and Dec. 31, 2024 and the
Years Ended Dec. 31, 2025 and 2024
Quarter Ended
Year Ended
Dec.
Sept.
Dec.
Dec.
Dec.
2025
2025
2024
2025
2024
Tons Sold (In Millions)
31.9
32.5
33.1
122.0
118.0
Revenue Summary (In Millions)
Seaborne Thermal
$ 205.6
$ 242.7
$ 309.3
$ 908.5
$ 1,213.9
Seaborne Metallurgical
305.4
258.9
271.8
1,036.6
1,055.6
Powder River Basin
300.3
301.4
317.5
1,153.0
1,098.8
Other U.S. Thermal
191.5
192.0
212.3
707.3
822.6
Total U.S. Thermal
491.8
493.4
529.8
1,860.3
1,921.4
Corporate and Other
19.5
17.1
12.2
56.1
45.8
Total
$ 1,022.3
$ 1,012.1
$ 1,123.1
$ 3,861.5
$ 4,236.7
Total Segment Costs Summary (In Millions) (1)
Seaborne Thermal
$ 142.1
$ 201.7
$ 197.5
$ 686.3
$ 783.9
Seaborne Metallurgical
280.8
231.1
249.0
980.2
893.9
Powder River Basin
255.5
249.7
264.8
977.2
960.2
Other U.S. Thermal
173.4
185.1
171.8
635.9
671.8
Total U.S. Thermal
428.9
434.8
436.6
1,613.1
1,632.0
Corporate and Other
19.3
19.8
55.0
32.6
64.5
Total
$ 871.1
$ 887.4
$ 938.1
$ 3,312.2
$ 3,374.3
Other Supplemental Financial Data (In Millions)
Adjusted EBITDA - Seaborne Thermal
$ 63.5
$ 41.0
$ 111.8
$ 222.2
$ 430.0
Adjusted EBITDA - Seaborne Metallurgical, Excluding Shoal
Creek Insurance Recovery
24.6
27.8
22.8
56.4
161.7
Shoal Creek Insurance Recovery - Business Interruption
—
—
—
—
80.8
Adjusted EBITDA - Seaborne Metallurgical
24.6
27.8
22.8
56.4
242.5
Adjusted EBITDA - Powder River Basin
44.8
51.7
52.7
175.8
138.6
Adjusted EBITDA - Other U.S. Thermal
18.1
6.9
40.5
71.4
150.8
Adjusted EBITDA - Total U.S. Thermal
62.9
58.6
93.2
247.2
289.4
Middlemount
(1.0)
(1.7)
10.2
(10.9)
13.1
Resource Management Results (2)
11.4
5.3
2.7
39.5
19.2
Selling and Administrative Expenses
(30.5)
(27.4)
(26.3)
(105.0)
(91.0)
Other Operating Costs, Net (3)
(12.8)
(4.1)
(37.7)
5.5
(31.5)
Adjusted EBITDA (1)
$ 118.1
$ 99.5
$ 176.7
$ 454.9
$ 871.7
(1)
Total Segment Costs and Adjusted EBITDA are non-GAAP financial measures. Refer to the "Reconciliation of Non-GAAP Financial Measures" section in this document for definitions and reconciliations to the most comparable measures under U.S. GAAP.
(2)
Includes gains (losses) on certain surplus coal reserve, coal resource and surface land sales and property management costs and revenue.
(3)
Includes trading and brokerage activities, costs associated with post-mining activities, gains (losses) on certain asset disposals, minimum charges on certain transportation-related contracts, results from the Company's equity method investment in renewable energy joint ventures, costs associated with suspended operations, holding costs associated with the Centurion Mine, the impact of foreign currency remeasurement and expenses related to the Company's other commercial activities.
This information is intended to be reviewed in conjunction with the company's filings with the SEC.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the securities laws. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words or variation of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "projects," "forecasts," "targets," "would," "will," "should," "goal," "could" or "may" or other similar expressions. Forward-looking statements provide management's or the Board's current expectations or predictions of future conditions, events, or results. All statements that address operating performance, events, or developments that may occur in the future are forward-looking statements, including statements regarding the shareholder return framework, execution of the Company's operating plans, market conditions for the Company's products, reclamation obligations, financial outlook, potential acquisitions and strategic investments, the development of the Company's rare earth elements and critical minerals program, and liquidity requirements. All forward-looking statements speak only as of the date they are made and reflect Peabody's good faith beliefs, assumptions, and expectations, but they are not guarantees of future performance or events. Furthermore, Peabody disclaims any obligation to publicly update or revise any forward-looking statement, except as required by law. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive, and regulatory factors, many of which are beyond Peabody's control, that are described in Peabody's periodic reports filed with the SEC including its Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2024 and its Quarterly Report on Form 10-Q for the quarters ended Mar. 31, 2025 and Sept. 30, 2025, and other factors that Peabody may describe from time to time in other filings with the SEC. You may get such filings for free at Peabody's website at www.peabodyenergy.com. You should understand that it is not possible to predict or identify all such factors and, consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.
SOURCE Peabody
2026-02-05 12:531mo ago
2026-02-05 07:491mo ago
Brewers face barley drought risk to profits, Barclays warns
Barley is a resilient crop, but as climate change a dry year could dent brewer profits by nearly 9%, Barclays has warned, as water scarcity and shifting climate patterns raise risks for a crop central to beer production.
In a scenario analysis led by analyst Scott Gordon, the bank estimates that a 15% global supply drop from a bad hydrological year in one or more key growing regions, potentially pushing barley prices up by around 50%.
Given that barley accounts for 10-15% of brewers’ cost of goods sold, this could translate into an 8-9% hit to profits in a bad year.
"Barley is a resilient crop, but as the climate changes, we see potential for a hydrological shock," Gordon said.
Guinness maker Diageo PLC in its 2025 annual report admitted that "the greatest risk to our agricultural raw material sourcing arises from water scarcity".
The note highlights that most of the world’s barley – nearly 90% – is rainfed and increasingly grown in areas facing water stress. Only 11% is irrigated, and of that, 70% is already in regions under high or extreme water pressure.
While brewers are starting to adapt – with Diageo for example developing drought-resilient barley strains designed to endure water scarcity and Heineken forming efficiency partnerships – Barclays says there is limited transparency around the scale of these efforts.
The bank cautioned that adaptation will take time and that companies remain vulnerable to sudden weather-related supply shocks.
2026-02-05 12:531mo ago
2026-02-05 07:501mo ago
AGMH Announces Strategic Upgrade: Access to Global Top-Tier Storage Chip Supply Chain and Accelerates R&D of AI All-Flash Storage Server Systems
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. (NASDAQ: AGMH, “AGMH” or the “Company”), a technology company focus on high-performance computing and frontier innovation, today launched a large-scale strategic procurement initiative targeting leading global semiconductor suppliers. This program focus on securing high-performance enterprise-grade NAND Flash memory and associated controller chips, which will exclusively support AGMH’s independently developed all-flash storage server systems designed specifically for AI workloads. This move marks a critical milestone in the Company's efforts to build a robust, high-efficiency AI infrastructure ecosystem.
Addressing AI Compute Bottlenecks: From "Compute-Centric" to "Storage-Compute Co-Design"
As generative AI (AIGC) and large language models (LLMs) continue to scale exponentially in parameter size, data center storage subsystems are now facing unprecedented demands in throughput and latency. Traditional hard disk drives (HDDs), and even general-purpose solid-state drives (SSDs), can no longer keep pace with the extreme performance of modern GPU clusters. Thus, storage has become a key bottleneck limiting AI training efficiency.
To address this industry-wide challenge, AGMH’s strategic procurement initiative aims to holistically resolve compute-storage decoupling by establishing direct access to premium semiconductor resources, include:
Strengthening Supply Chain Resilience and Security: By procuring directly from tier-one wafer and chip manufacturers, AGMH mitigates risks related to geopolitical tensions and market volatility, ensuring long-term stability for its AI infrastructure business.
Enabling Deep Hardware Optimization: Leveraging top-tier flash components alongside AGMH’s proprietary firmware algorithms and hardware architecture, the Company is developing storage solutions finely tuned for high-concurrency, random read/write patterns typical in AI applications.
Reducing Total Cost of Ownership (TCO): With superior energy efficiency and high IOPS density inherent to all-flash architectures, AGMH’s AI storage systems are expected to significantly lower power consumption and cooling expenses in data centers, thereby improving capital and operational expenditure efficiency.
Building a Data-Centric Next-Generation AI Computing Platform
The CEO of AGMH said: “In the era of AI, computing power serves as the engine driving model evolution, while storage acts as the fuel supply that sustains high-performance operations. Without solving the data delivery bottleneck, even the most advanced GPUs cannot reach their full potential. Our collaboration with globally renowned semiconductor partners not only demonstrates AGMH’s capabilities in advanced component integration but also signifies a decisive step toward becoming a provider of core AI infrastructure technologies. Moving forward, we remain committed to advancing storage-compute convergence and delivering integrated, energy-efficient, and scalable AI computing platforms to customers worldwide.”
Product Vision: Purpose-Built All-Flash Architecture for AI Workloads
AGMH’s next-generation all-flash storage server systems currently under development will focus on the following technological innovations:
End-to-End NVMe Support: Maximizes native flash performance by minimizing protocol overhead and dramatically reducing data loading time during AI model training, thus increasing overall GPU utilization.
High-Density Design: Incorporates modular chassis and advanced thermal management to deliver petabyte-scale high-speed capacity within constrained rack space, suitable for both hyperscale cloud environments and edge computing nodes.
Intelligent Tiering Management: Utilizes proprietary software-defined storage (SDS) technology to identify hot and cold data streams dynamically, enhancing real-time inference efficiency while extending media lifespan.
This strategic initiative focus on reinforcing global supply chain partnerships and internal R&D capabilities—represents a significant advancement in AGMH’s vertical integration strategy and commitment to building an AI-native infrastructure platform. AGMH will continue to drive a dual-engine strategy of “deep hardware innovation + advanced algorithm design,” empowering industries to accelerate their transformation into the intelligent era.
About AGM GROUP HOLDINGS INC.
AGM GROUP HOLDINGS INC. is one of the few publicly-listed companies at US market with both ASIC chip design (“ASIC”) and crypto miner (“Crypto”) production capabilities and its released crypto miner has competitive product performance and parameters. For more information, please visit the Company’s website at https://agmhgroup.com/
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
AGM GROUP HOLDINGS INC.
Investor Relations Department
Email: [email protected]
https://agmhgroup.com/
2026-02-05 12:531mo ago
2026-02-05 07:501mo ago
Tartisan Nickel Corp. Appoints Jack Jacobs, Congressional Medal of Honour Recipient, Retired Army Colonel and Distinguished Business Executive to Board of Advisors
Toronto, Ontario--(Newsfile Corp. - February 5, 2026) - Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) ("Tartisan" or the "Company") is pleased to announce that the Company has appointed Colonel Jack Jacobs to Tartisan Nickel Corp's. Board of Advisors.
2026-02-05 11:531mo ago
2026-02-05 06:001mo ago
Solana Eyes Deeper Correction As Bearish Pattern Confirmation Targets $40
As Solana (SOL) trades at multi-year lows, some analysts have lowered their end-of-year targets. Meanwhile, other market watchers have warned that the altcoin risks another 50% correction after a bearish formation was recently confirmed.
Solana Confirms Head And Shoulders Pattern On Wednesday, Solana retraced nearly 10% in the daily timeframe, reaching a two-year low of $90. The cryptocurrency had been trading between $120 and $250 in the monthly chart since February 2024, retesting and bouncing from its macro support multiple times.
The altcoin lost this crucial area over the weekend, closing January at around $105. After failing to maintain this level, SOL started the month attempting to hold the $100 psychological barrier and reclaim the $105 resistance as support.
Nonetheless, the latest market movement, which also dragged Bitcoin (BTC) toward multi-year lows, pushed Solana below its bull market lows from last year. Amid this performance, market observer Alex Clay affirmed that SOL has “started to look bad.”
The analyst affirmed that the altcoin’s chart shows a confirmed bearish formation after the recent price action, noting that it has also lost an important support zone.
Per the chart, the cryptocurrency displays a macro Head and Shoulders (H&S) pattern in the weekly timeframe, which has been forming since early 2024. The left shoulder developed during the Q1-Q2 2024 run, while the head formed during its late 2024 and early 2025 rally, which led to its All-Time High (ATH) of $293.
SOL H&S pattern’s breakdown target $42. Source: Alex Clay on X This performance placed the neckline of the bearish formation around the $105 area. Notably, the pattern’s right shoulder began to develop after the Q3 2025 rally and was confirmed during the latest market crash.
Now, the cryptocurrency has fallen below the neckline and could confirm it as resistance if the price closes the week under $105. Clay warned that the pattern’s first target sits around the $42 mark, which would represent a 55% correction from the current levels.
SOL’s Chart Tell ‘Grim’ Story Other market watchers also expressed their concerns about SOL’s future performance, suggesting that a correction toward new lows is likely. Sjuul from AltCryptoGems noted that the Solana chart gives “a truly panic-inducing feeling” with “a vast no man’s land!” below it.
Similarly, Crypto Tony asserted that after breaking the $100 low “with conviction,” the next major support for the altcoin sits around $50. To him, a correction toward this area is “obvious” as Bitcoin has “yet to find a bottom.”
Altcoin Sherpa cautioned that SOL has also lost the 200-Week Exponential Moving Average (EMA), which is “a last stand area before $75 or lower.” He pointed out that the cryptocurrency tends to have strong price reactions due to “the gambling chain,” but noted that means corrections are usually stronger.
Moreover, a major financial institution has recently lowered its end-of-year target for Solana. As reported by NewsBTC, Standard Chartered trimmed its near-term forecast from $310 to $250, mentioning the time required for the network’s next major use case to scale.
Despite its short-term trim, the bank raised its longer-term targets, forecasting SOL at $2,000 by 2030 as it stops being “a one-trick pony” and evolves “from memecoins to micropayments.”
As of this writing, Solana is trading at $93.28, a 27.9% decline on the weekly timeframe.
Solana’s performance in the one-week chart. Source: SOLUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
2026-02-05 11:531mo ago
2026-02-05 06:031mo ago
Institutional flows rise as tether usdt market cap hits $187 billion and MAXI demand accelerates
Growing stablecoin liquidity and new speculative flows are reshaping crypto markets, with tether usdt playing a central role in the latest cycle.
Summary
Tether USDt market cap hits $187 billion in Q4 2025Rotation into Bitcoin, major altcoins and leverage‑focused tokensMaxi Doge (MAXI) positions for speculative inflowsPresale token metrics and capital raisedStaking design and supply dynamicsLiquidity, rotation and market outlook Tether USDt market cap hits $187 billion in Q4 2025 Tether reported that its flagship stablecoin USDt exceeded a $187 billion market capitalization in the fourth quarter of 2025, according to the companys official Q4 market report. This expansion outpaced previous Q3 expectations and reinforced USDt’s position as the largest dollar‑pegged asset in the sector.
The rapid accumulation of USDt represents a substantial pool of sidelined liquidity. Moreover, market analysts often treat stablecoin issuance trends as a leading indicator for risk appetite, because new units typically enter exchanges before major price moves. Historically, increases in USDt supply have coincided with periods of heightened asset volatility.
However, the current growth phase appears more closely tied to institutional capital. Observers tracking flows report large entities increasing exposure to stablecoin liquidity indicators in order to prepare for rotations into higher‑beta crypto assets. This pattern suggests that fresh liquidity could soon migrate from stablecoins into more volatile tokens.
Rotation into Bitcoin, major altcoins and leverage‑focused tokens On‑chain data indicates that capital is initially clustering in Bitcoin and leading altcoins before rotating further along the risk curve. Moreover, wallet activity hints that some of this capital is ultimately targeting more speculative projects linked to high leverage trading and active derivatives strategies.
Traders have directed increasing volume toward protocols that emphasize leveraged positioning and rapid turnover. That said, this shift does not only reflect short‑term speculation; it also reveals growing demand for ecosystems that integrate trading tools, incentives and tokenomics designed around high activity.
Within this context, the tether usdt expansion is seen by several analysts as the primary liquidity base that could fuel subsequent rotations into smaller capitalization assets. As stable balances accumulate on exchanges, market participants are watching for signs of sudden deployment into both large caps and emerging narratives.
Maxi Doge (MAXI) positions for speculative inflows The Maxi Doge (MAXI) project has emerged as one of the tokens aligned with this leverage‑centric narrative. It brands itself around a high‑leverage trading mentality and integrates holder‑exclusive trading competitions into its ecosystem. Moreover, the team has structured its community messaging around active speculation rather than passive holding.
Strategy documents describe a dedicated Maxi Fund treasury that is intended to support liquidity provision and potential integrations with futures platforms. However, these plans remain dependent on execution and on broader market conditions, especially as leverage‑driven projects face higher scrutiny during drawdowns.
Presale token metrics and capital raised According to presale token metrics shared by the project, Maxi Doge has raised more than $4.5 million to date. Tokens were offered at a presale price of $0.0002802, a level that attracted sizable early interest from wallets specializing in high‑risk allocations. Moreover, transaction clustering suggests that several large buyers accumulated aggressively during this period.
On‑chain wallet analysis highlights large‑scale MAXI accumulation while the presale was ongoing. That said, analysts caution that heavy concentration among a small group of holders can amplify both upside and downside once tokens begin trading freely on secondary markets.
Staking design and supply dynamics The Maxi Doge protocol incorporates staking mechanics built around a 5% staking allocation pool. This pool funds a dynamic APY that distributes rewards daily to participating holders. Moreover, the design is intended to incentivize users to lock tokens, which can temporarily reduce circulating supply and potentially intensify price moves during periods of strong demand.
By pairing presale accumulation with supply‑constraining staking, the maxi doge project aims to channel liquidity into a tighter float. However, this structure means that any surge in buying interest, triggered perhaps by new rotations from large USDt balances, could have an outsized effect on price. Conversely, concentrated unlocks might also accelerate sell‑side pressure.
Liquidity, rotation and market outlook Analysts monitoring on‑chain flow dynamics argue that the combination of presale accumulation and staking‑driven supply reduction can influence buy pressure across speculative tokens. Moreover, they note that sidelined capital in USD tether market cap form often waits for clear narratives before committing, making projects like Maxi Doge potential targets once risk appetite improves.
Overall, the rise in USDt supply to $187 billion, combined with the growth of narrative‑driven tokens such as MAXI, underscores how stablecoin liquidity, institutional flows and leverage‑oriented projects interact. However, whether this cycle leads to sustained value creation or only short bursts of speculative activity will depend on execution, regulation and broader macro conditions.
Alessia Pannone
Graduated in communication sciences, currently student of the master's degree course in publishing and writing. Writer of articles from an SEO perspective, with care for indexing in search engines.
2026-02-05 11:531mo ago
2026-02-05 06:031mo ago
Why the HYPE token is bucking the market and climbing 4% today
The cryptocurrency market has continued its bearish start to February as Bitcoin and other major coins and tokens recorded massive losses on Wednesday.
Bitcoin lost 7% of its value in the last 24 hours and briefly dropped below the $71k level.
Ether risks dropping below $2k as it is down by 5.5% since Wednesday.
However, Hyperliquid’s HYPE is in the green, making it the best performer among the top 20 cryptocurrencies by market cap.
HYPE’s rally can be attributed to Hyperliquid integration with Ripple Prime, the institutional prime brokerage platform of Ripple.
Hyperliquid integrates with Ripple Prime Copy link to section
Ripple Prime announced its integration with Hyperliquid on Wednesday, resulting in HYPE adding nearly 4% to its value since then.
However, Ripple’s XRP has lost 12% of its value since then and is now trading below $1.40.
The integration enables Ripple Prime clients to access cross-margined decentralized finance derivatives alongside other positions on the platform, while keeping risks and capital efficiency centralized.
The company added that some of the other positions include traditional assets such as fixed income, FX, and over-the-counter swaps.
While commenting on the partnership, Michael Higgins, International CEO of Ripple Prime, stated that,
“At Ripple Prime, we are excited to continue leading the way in merging decentralized finance with traditional prime brokerage services, offering direct support to trading, yield generation, and a wider range of digital assets.”
Hyperliquid remains one of the best performers this year despite the broader cryptocurrency market recording losses in recent weeks.
The DEX’s open interest recovered above $10 billion in mid-January amid the bearish market conditions.
While the OI has now dropped below $6 billion, it remains one of the highest among the leading DEXs in the market.
Recent developments have also contributed to HYPE’s rally. The activation of HIP-3, which introduced tokenized commodity trading, enabled permissionless perpetual market creation.
Furthermore, the upcoming HIP-4 proposal is set to introduce outcome-based trading contracts for prediction markets and options-style derivatives.
Is HYPE heading towards $40? Copy link to section
The HYPE/USD 4-hour chart is currently bullish, making it the exception among the leading 20 cryptocurrencies by market cap.
The announcement of its partnership with Ripple Prime saw HYPE bounce 200-day Exponential Moving Average (EMA) and add nearly 4% to its value since Wednesday.
HYPE faced rejection around the $36 resistance level and is now trading at $34.6 per coin.
The RSI of 56 is above the neutral 50, indicating a growing bullish momentum. The MACD lines have also entered the positive zone, indicating a bullish bias.
If the rally continues, HYPE would overcome the $36 resistance level and hit the $40 psychological level in the near term.
However, if the resistance level holds, HYPE would likely retest the Sunday low of $27.6.
2026-02-05 11:531mo ago
2026-02-05 06:111mo ago
Bitcoin Price Drops to $70,000 — Here's Where the Next Buy Zones Are
Bitcoin traded at $70,524 as of writing, posting a 7.64% daily loss and extending its weekly decline to more than 20%. The king crypto struggled to stabilize after heavy selling pushed prices toward levels last seen in November 2024.
Thin liquidity amplified price swings, leaving traders on edge as Bitcoin hovered just above the psychologically important $70,000 mark. Could this level hold under mounting macro pressure?
Geopolitical Shock Sparks Flight to SafetyThe sell-off began over the weekend after military tensions escalated between the United States and Iran. When geopolitical risks rise, investors often rotate into the US dollar, triggering broad risk-off moves. Bitcoin, which trades around the clock, reacted first during illiquid weekend sessions.
A stronger dollar made dollar-denominated assets such as Bitcoin, gold, and silver more expensive for overseas buyers, setting off coordinated selling across hard assets rather than crypto alone.
Fed Leadership Shift Strengthens the DollarMarket stress intensified after Kevin Warsh’s nomination as the next Federal Reserve Chair. Traders interpreted the move as a signal toward tighter monetary conditions and a potential reduction in the Fed’s balance sheet.
Crypto historically perform better in liquidity-rich environments, and expectations of balance sheet contraction weighed heavily on sentiment. Analysts linked the latest price slide to fears that reduced liquidity would remove key support for speculative assets.
Weak Liquidity Magnifies Price MovesMarket depth remained unusually thin following a sharp crash on October 10 that traders associated with disruptions at major exchanges. According to data, available liquidity across major venues still sits more than 30% below October highs.
Order books have yet to rebuild, and bid-ask spreads remain wider than normal. As large sell orders hit the market, limited depth accelerated Bitcoin’s downward momentum.
Bitcoin ETFs Record Heavy OutflowsInstitutional pressure also resurfaced as spot Bitcoin ETF assets under management fell below $100 billion after $272 million in outflows on Tuesday. This marked the first drop below that threshold since April 2025, following a peak near $168 billion in October.
Source: Bitcoin News via X
Bitcoin funds now show nearly $1.3 billion in year-to-date outflows, despite a brief $562 million inflow rebound earlier in the week. In contrast, Ether, XRP, and Solana ETFs recorded modest inflows, hinting at selective diversification.
Price Breaks Below Key Cost LevelsBitcoin now trades well below the average ETF creation cost basis of about $84,000. This dynamic places pressure on fund flows as new shares enter the market at a loss. Despite this, ETF analysts suggest most long-term holdings remain intact. Market observers note that price weakness alone does not guarantee forced selling, though sentiment remains fragile.
From a technical perspective, Bitcoin rests on its weekly 200-day exponential moving average after testing the key support level multiple times.
Source: TradingView via X
Traders identify a strong support and flip zone around $69,000, where former resistance now acts as support. If buyers defend this area, a short-term rebound could emerge.
What’s the Next Move?
Failure to hold above $70,000, however, shifts attention toward deeper retracement zones near the 0.75 Fibonacci level around $44,000, based on prior cycle behavior.
Source: TradingView via X
Also, Bitcoin dominance continues to consolidate within a symmetrical triangle, with the Ichimoku Cloud providing near-term support. A decisive breakout or breakdown may define the next trend.
For now, sellers maintain control, and bulls face a tough challenge. Will the $70,000 zone bring a reaction, or does the market brace for further downside?
2026-02-05 11:531mo ago
2026-02-05 06:121mo ago
Vitalik Buterin sells $6.6M in ETH after flagging planned withdrawals
Ethereum co-founder Vitalik Buterin sold about 2,961 Ether worth $6.6 million over a three-day period, after previously announcing plans to withdraw some of his holdings.
Blockchain tracker Lookonchain said in a Thursday X post that the transactions were executed at an average price of about $2,228 per Ether (ETH). Ethereum’s native cryptocurrency traded at around $2,130 at the time of writing, down by more than 5% over the past day, according to CoinMarketCap.
Arkham Intelligence data shows that the ETH sales were routed through CoW Protocol, with multiple small swaps rather than a single block trade. Such transactions are commonly used to reduce market impact.
Buterin earmarks $45 million in ETH for privacy and open infrastructure pushLast week, Buterin said he has set aside 16,384 Ether, worth about $45 million, from his personal holdings to support privacy-preserving technologies, open hardware and secure, verifiable software. He added that the funds would be deployed gradually over the coming years as the Ethereum Foundation enters a period of what he described as “mild austerity,” while continuing to pursue its technical roadmap.
Buterin’s post from last week. Source: Vitalik Buterin Buterin said he is personally taking on responsibilities that might otherwise fall under special foundation projects, with a focus on building an open, secure and verifiable technology stack spanning software and hardware.
“Specifically, we are seeking the existence of an open-source, secure and verifiable full stack of software and hardware that can protect both our personal lives and our public environments.”The Ethereum Foundation has previously faced criticism for selling ETH to fund operations, but has since explored alternative strategies, including staking and decentralized finance-based approaches.
Market sensitivity grows amid uncertaintyThe sales come during a period of heightened sensitivity toward large holders. Falling ETH prices have prompted leveraged Ether whales to unload assets to repay loans, adding to the sell pressure.
In an X post on Tuesday, Bitwise chief investment officer Matt Hougan said that the crypto market has been in a “full-blown crypto winter” since January 2025. “Chances are, we’re closer to the end than the beginning,” Hougan said.
Magazine: Bitget’s Gracy Chen is looking for ‘entrepreneurs, not wantrepreneurs’
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-02-05 11:531mo ago
2026-02-05 06:141mo ago
Bhutan Sells $22.4M in Bitcoin as Sovereign Crypto Holdings Drop Over 70%
Bhutan has sold $22.4 million worth of Bitcoin out of its sovereign wallets through two transactions. Bhutan’s overall crypto asset holdings have declined more than 70% from $1.4B high. Bhutan has shifted millions worth of Bitcoin from its sovereign wallets this week amid a broader crypto downturn that has seen its overall crypto asset holdings decline by more than 70% from its peak level of $1.14 billion.
On-Chain analytics platform Arkham reveals that Bhutan’s sovereign investment arm, Druk Holding Investments (DHI), has accomplished two Bitcoin sales. The recent transaction included 184.03 BTC, worth $14.09 million, yesterday, and 100.82 BTC, valued at $8.31 million, five days earlier, as it was sent later directly to the labeled addresses of market maker QCP Capital.
In a thread post, Arkham shared its analysis of Bhutan holdings. While it usually sells $50 million worth of Bitcoin, it also states that the high volume of sales occurred around mid-to late September 2025. With that, the current two outflows round $22.4 million are considerably less when compared to the previous.
Bhutan’s Bitcoin Mining Strategy Shifts After 2024 Halving Bhutan began Bitcoin mining activities in 2019 through its governmental investment arm, DHI, utilising the country’s abundant hydroelectric power. According to Arkham post, Bhutan has made more than $765 million in Bitcoin revenues while spending approximately $120 million on electricity, providing it a significant cost advantage over miners.
As the 2024 Bitcoin halving is the significant one, from which the financial edge was limited, the cost of mining a single Bitcoin has doubled while electricity consumption stayed constant. Also, the Arkham analysis states that the majority of Bhutan’s Bitcoin was mined before April 2024, including more than 8,200 BTC in 2023, which has slowed to roughly 3,000 BTC in 2024.
Bhutan’s Bitcoin Holdings Shrink As per the Arkham data, Bhutan’s balance history shows that the on-chain assets are about $405.61 million worth, which is around 71% less than its $1.4 billion peak in September 2025. As of now, Bhutan holds 5,700 Bitcoin and 18.18 Ethereum with small holdings of other tokens.
Given that the sell-offs were relatively minor, they happened twice in one week, so it is uncertain whether Bhutan will keep selling or is just portfolio management.
Highlighted Crypto News:
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2026-02-05 11:531mo ago
2026-02-05 06:151mo ago
Ripple launches permissioned domains on XRPL mainnet
The XRP Ledger activated a new access control framework on its main network on Wednesday, following validators’ approval of the permissioned domains protocol amendment.
According to an update from the Ripple developers, X account, permissioned Domains have been officially activated on XRPL under the XLS-80 amendment. These domains will launch controlled participation environments directly on the public ledger infrastructure, the developers said.
A strong validator backing for the amendment saw more than 91% of network validators support the proposal, clearing the threshold required by XRPL’s governance rules. The upgrade will allow regulated entities to interact with liquidity pools on the shared blockchain, while the “full permissioning stack” will be available to institutions soon, Ripple confirmed.
Moreover, the permissioned decentralized exchange has already achieved validator consensus and is scheduled to activate in two weeks. XRPL’s standard amendment process requires amendments to undergo a waiting period after a supermajority approval.
90% validator vote leads to permissioned domains activation As reported by Cryptopolitan, the XLS-80 amendment surpassed the 80% validator support threshold in late January. It then entered the mandatory formal two-week activation window that concluded on February 4. The now-active proposal introduces permissioned domains as managed environments, with activity governed by rule-based credentials.
The domains would allow institutions to use the blockchain ledger’s shared security and transparency while controlling who may participate. Ripple’s developers noted that the method is the best way for financial firms to adopt decentralized systems while maintaining regulatory compliance.
“This approach aims to bridge the gap between the transparency and security benefits of decentralized blockchain technology and the regulatory requirements of traditional financial institutions,” said Ripple devs.
Permissioned Domains build on the XLS-70 Credentials system, which supports verifiable attestations that confirm compliance status issued by trusted parties. Domain operators set rules by defining which credentials are acceptable.
Accounts with valid credentials will automatically become domain members once the criteria are met, with no additional enrollment steps required. Compromised credentials or misuse of domains for unlawful purposes must be addressed through governance and operational controls, Ripple said.
A typical permissioned blockchain system uses nodes with verified identities, membership service providers, and structured consensus engines. In the case of XRPL, application logic for the domains will run through smart contract layers.
The system adds technical elements such as the PermissionedDomain ledger object and specialized management transactions. Those transactions include PermissionedDomainSet and PermissionedDomainDelete, which allow domain creation and removal.
On the other hand, the Permissioned decentralized exchange will operate inside the native XRPL trading engine. Its order books will accept trades only from accounts that meet domain requirements for validators to approve transactions in liquidity pools for regulated participants.
🚨 David Schwartz Reveals The Feature That Will Let Institutions Deploy Billions in Liquidity on XRPL
Permissioned Domains with zk-Credential System was the last piece of the puzzle institutions needed to deploy trillions in capital securely on-chain.
XRP enthusiasts on X reiterate that one reason institutions can’t yet use XRPL-based decentralized exchanges for payments is the lack of permissioned domains. The community believes the changes will now rope in institutions and Ripple itself to use the ledger for transactions, in preparation for the permissioned DEX.
XRP lending amendment enters governance phase In other related blockchain news, XRPL’s native lending protocol reached the governance phase on January 28. The proposal, named the XLS-66d amendment, entered validator voting after the release of network software version 3.1.0. All 34 validators began casting votes on enabling lending functionality directly on the ledger.
The framework introduces structured credit tools for professional market participants, with loans under the system carrying fixed durations of 30 to 180 days. The set repayment terms are defined in advance, and each agreement is recorded directly on-chain.
XLS-66d will see XRPL lenders issue fixed-term agreements and predictable settlement structures, and each loan will create a signed ledger entry documenting the terms. Furthermore, credit checks and risk assessments will take place off-chain through established underwriting processes.
The lending protocol records each broker object directly on the ledger, listed in an Owner Directory controlled by the account that submits the LoanBrokerSet transaction.
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XRP is today's most substantial loser from the largest 100 alts, dumping below $1.40. ZEC and MORPHO follow suit.
Bitcoin’s poor price performance continues in full force as the asset erased all gains seen after Trump’s reelection by slipping below $70,000 earlier today.
Most altcoins have bled out heavily as well, and it’s not just XRP. ETH, BNB, SOL, DOGE, ADA, and many more have posted massive declines.
BTC Dipped Beneath $70K It’s almost hard to believe that just over a week ago, last Wednesday, bitcoin traded at $90,000. The developments since then have been nothing short of pure bear domination. While the reasons are still debated, the fact is that BTC was violently rejected at that point and driven south hard.
At first, it fell to $81,000 last Thursday, rebounded to $84,000 on Friday, and plummeted again to under $75,000 on Saturday. After an unsuccessful relief rally to $79,000, the bears were back in control and drove it to $73,000 on Tuesday.
The dead-cat bounce pattern repeated and bitcoin continued to lose value in the past 12 hours or so. Moreover, it dumped below $70,000 earlier today for the first time since just after the US elections in 2024.
It has now bounced to slightly above $70,000, but it’s still 7% down daily and 20% in the red weekly. Its market cap has plummeted to $1.410 trillion on CG, while its dominance over the alts struggles at 57%.
BTCUSD Feb 5. Source TradingView Alts Keep Bleeding The altcoins’ charts are just as painful, even more on some occasions. ETH is down by 6% as well as even Vitalik Buterin has started to dispose of his tokens. BNB has dumped below $700, while XRP has become today’s poorest performers with a double-digit drop to under $1.38. This is its lowest price tag in well over a year.
SOL, ADA< DOGE, XMR, LINK, and many others are deep in the red. HYPE continues to be among the few exceptions, gaining almost 5% to $34.
The total crypto market cap has erased another $170 billion and is below $2.5 trillion on CG now.
Cryptocurrency Market Overview Feb 5. Source: QuantifyCrypto
At press time, Bitcoin [BTC] was hovering near the key $70,000 level, drawing significant attention in the U.S. Congress.
During a review of the FSOC’s 2025 report, Treasury Secretary Scott Bessent faced sharp questioning on crypto and its impact on financial stability.
While testifying before the House Financial Services Committee, Secretary Bessent came under pressure from Representative Brad Sherman, a well‑known critic of crypto. Sherman pressed him on whether the government could, or would, intervene to “bail out” Bitcoin if its price collapsed.
This tense exchange underscored a broader debate: should Bitcoin be left entirely to the free market, or should it be treated as a strategic asset that the U.S. government may need to safeguard?
What was said? Rep. Sherman asked,
“Could you instruct the banks of this country to buy more Bitcoin or change banking regulations so that they’re encouraged to do so in terms of the reserves that they’re otherwise required to have?”
To which Bessent replied,
“I am secretary of the treasury. I do not have the authority to do that and as chair of FSOC I do not have that authority.”
Tensions escalated when Sherman pressed for a direct yes‑or‑no answer on whether taxpayer money would ever be used to support a declining crypto market.
Rather than responding directly, Secretary Bessent redirected the discussion to the administration’s broader strategy.
He defended the Strategic Bitcoin Reserve, emphasizing that it is not a financial burden but a national security asset designed to strengthen America’s role in the digital economy.
Bessent replied,
“We are retaining seized Bitcoin. That’s not exactly taxpayer money. That is an asset of the US. It’s an asset of the US.”
By doing so, Bessent made it clear that the Treasury sees Bitcoin as an important part of the U.S. financial system, one it plans to support through policy, not bailouts.
Bessent confirmed during the hearing that the seized Bitcoin had gone up in value.
He said,
“Of that $1 billion in Bitcoin that was seized, $500 million was retained, and that $500 million has become over $15 billion,”
Trump’s pro-crypto stance takes centre stage For the administration and its supporters, including Chairman French Hill and Representative Andy Barr, the growth in crypto-related assets shows that their pro-growth policies are working. However, Democrats ended the session with strong criticism.
Ranking Member Maxine Waters said the administration’s policies favor Wall Street over ordinary Americans. Overall, Democrats accused Treasury Secretary Bessent of dismissing serious warnings about possible market risks.
In contrast, Republicans defended the administration.
Chairman French Hill praised deregulation and strong economic data, while Bessent said lighter rules would support innovation and small banks.
Overall, Republicans supported “tailored” regulations, arguing that smaller banks should not be treated the same as large global institutions and stressing the need to strengthen the commercial banking sector.
Final thoughts Treasury Secretary Bessent’s defense of seized Bitcoin signals a shift toward treating digital assets as strategic reserves. Democrats’ warnings reflect lingering fears of repeating past financial crises.
2026-02-05 11:531mo ago
2026-02-05 06:181mo ago
XRP Set for Lift Off? Ripple Prime CEO Hints at Big Developments After Integration
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Ripple Prime International CEO Mike Higgins shares his excitement about the latest integration of Hyperliquid, a leading decentralized derivatives venue.
Yesterday, Ripple announced that Ripple Prime, its institutional prime brokerage platform, has enabled support for Hyperliquid.
The next phase of institutions joining the onchain economy starts with capital markets integration – and @HyperliquidX – one of the fastest growing, most liquid venues for crypto price discovery and onchain derivatives, is an obvious place to start.
From XRP and other crypto… https://t.co/nf60Cb8L3Q?from=article-links
— Mike Higgins (@mikehiggins) February 4, 2026 According to Mike Higgins, the next phase of institutions joining the on-chain economy starts with capital markets' integration and the integration of HyperliquidX, a liquid venue for crypto price discovery and on-chain derivatives remains an obvious place to start.
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The move enables institutions to access on-chain derivatives liquidity through HyperliquidX; Ripple Prime customers can also cross-margin crypto with all asset classes supported by the prime brokerage platform, which includes XRP.
Higgins signals benefits for XRP amid the latest Hyperliquid integration, saying, "From XRP and other crypto assets to heavy metals perps.I’m incredibly excited for Ripple Prime clients to be able to tap into this liquidity through a single, secure counterparty."
Ripple and XRP newsFor two days in the month of February, XRP holders, builders, institutions and Ripple leaders will come together across three live X Spaces to discuss XRP utility and where it is headed next.
From Feb. 11 to 12, 2026, Ripple will be hosting three live X Spaces, covering EMEA, the Americas and APAC regions.
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In one of the segments of the event, "Looking Ahead with David Schwartz" scheduled for Feb. 12, Ripple CTO emeritus and co-creator of the XRP Ledger, David Schwartz, will be taking questions from the XRP community as well as sharing his perspective on how XRP use cases have evolved, what matters most for adoption and where real progress is happening.
This week, in a major milestone, Ripple has been granted a full EU EMI license after previously receiving preliminary approval for its EU Electronic Money Institution license in Luxembourg.
Key NotesPayy has launched an ETH L2 network that will be a custom chain in MetaMask.Payy CEO confirms that there have been complaints about the slow speed involved in large TradFi institutions transferring capital onchain.zKSync has released its 2026 roadmap, a proof of new focus on infrastructure. Crypto wallet provider Payy has expanded its operation by launching an Ethereum Layer-2 network with support for private ERC-20 transfers. The crypto-inclined firm announced the milestone on X on Feb. 4. The startup said it is already engaging launch partners, including stablecoin issuers, however, it withheld their names with plans to disclose them at a later date.
Payy Attacks Slow Speed for TradFi Investors Payy is known for operating a privacy-focused wallet alongside a crypto banking card. The latest launch of an Ethereum L2 marks an extension of its services.
Going forward, users of the protocol can now have the network as a custom chain in MetaMask. In addition, every ERC-20 transfer made on the L2 goes through privacy pools by default and no smart contract changes are required.
https://t.co/H4zacqj5V7
— Payy (@payy_link) February 4, 2026
According to Payy, it expects institutions and fintech firms to be the two core user types on its network. This includes those in search of systems and infrastructures that usher financial flows onchain while limiting public transaction traceability. It is equally open to crypto natives who want to interact with privacy tools without “juggling multiple wallets.”
Payy CEO Sid Gandhi noted that the startup is focused on removing the drudgery involved in large Traditional Finance (TradFi) institutions transferring capital onchain. He admits that there have been several complaints about this situation.
“They cannot move real capital flows onchain if their financial data is exposed to the world,” Gandhi noted.
zKSynC Prepares 2026 Roadmap Some undisclosed launch partners, including stablecoin issuers, have been signed into this initiative. According to the roadmap, it is only a matter of weeks before their names are revealed.
Based on design, the network is compatible with all Ethereum Virtual Machine (EVM) wallets. The project’s website shows that the L2 is targeted toward enabling private stablecoin transfers on its network, though it supports all ERC-20 tokens.
While new Ethereum L2s are entering the market, the existing ones are focused on establishing themselves within the ecosystem. Around mid-January, zkSync outlined a clear shift toward real-world infrastructure in its 2026 roadmap.
A glance through the plans shows that the network placed banks, asset managers, and regulated firms at the center of this next phase. The goal is to solve privacy, control, and compliance gaps, especially those that have impacted the speed of institutional cryptocurrency investors.
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
2026-02-05 11:531mo ago
2026-02-05 06:261mo ago
Will Bitcoin Break a 15 Year Pattern for the First Time Ever?
The global market crash has hit the crypto market hard, wiping out $184 billion in value and pushing the total market cap down to $2.43 trillion. Bitcoin is now trading around $71,470, just $2,000 above its key 2021 all-time high of $69,000.
Meanwhile, traders fear that if Bitcoin breaks its 15-year pattern, the market could face further downside.
Bhutan Selling BTC Led The DropOne of the reasons behind this bitcoin price drop is selling from wallets linked to Bhutan’s Royal Government. During this market dip, Bhutan sold more than $22 million worth of Bitcoin, transferring over 284 BTC to institutional market maker QCP Capital.
Data shows that Bhutan has been selling Bitcoin in batches of nearly $50 million over the past few months.
Meanwhile, experts believe this selling is mainly due to rising mining costs after the latest Bitcoin halving, which has reduced profits for sovereign and state-linked miners.
Coinbase Premium Turns Deeply NegativeAnother key signal comes from the Coinbase Premium Gap. This metric compares Bitcoin prices on Coinbase versus Binance. It has now turned deeply negative, the lowest level this year, indicating strong selling from institutional traders
This institutional selling has been clearly visible in Bitcoin ETFs for the past three weeks.
On February 4, 2026, alone, U.S. spot Bitcoin ETFs saw about $545 million in net outflows, with BlackRock’s IBIT losing roughly $373 million.
CryptoQuant Data Show STH Selling BTC In LossesCryptoQuant data shows that short-term holders (STH) are panicking as Bitcoin continues to fall. In the last 24 hours, these holders have sent nearly 60,000 BTC to exchanges, marking the highest single-day inflow seen this year.
Most of these coins were moved at a loss, meaning recent buyers are exiting under pressure.
At the same time, long-term holders are mostly inactive, with very little profit-taking from older wallets. This pattern usually appears during strong and heavy market corrections.
As of now, Bitcoin is testing a very important historical price level. It is now just $2K away from hitting the previous ATH of $69,000 from the last cycle in 2021.
For 15 years, Bitcoin has followed one strong pattern, it has never stayed below the previous cycle’s all-time high. In every cycle, old highs turned into long-term support. This rule held in 2014, 2018, and even during the 2022 crash.
Now the market is testing that rule again. If Bitcoin drops and stays below $69,000, it would be the first time this historic pattern breaks. That could signal a major change in market structure and open the door for a deeper fall toward the $62,442 level.
But if Bitcoin holds above $70,000, the long-term bullish trend remains intact. This level is now the key line between strength and fear.
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Bitcoin Outflows: Spot Bitcoin ETFs saw $544.9 million in withdrawals as IBIT, FBTC, and GBTC led redemptions while Bitcoin fell below $71,000. Ethereum Pressure: Ethereum ETFs posted $79.4 million in outflows, concentrated in BlackRock and Fidelity products amid continued underperformance. XRP Resilience: XRP ETFs recorded $4.83 million in inflows, contrasting with mixed flows across Bitcoin, Ethereum, and Solana products.
Institutional sentiment across crypto ETFs remained defensive as Bitcoin, Ethereum, and Solana products extended their latest streak of withdrawals while XRP-linked funds again stood out with modest inflows. The uneven activity reflects a market still shaped by risk aversion, even as selective capital rotates toward assets perceived to offer clearer catalysts or regulatory footing.
Bitcoin Outflows Accelerate as Price Slides Spot Bitcoin ETFs recorded another sharp withdrawal day, with $544.9 million exiting major products as selling pressure intensified. BlackRock’s IBIT led with $373.44 million in redemptions, followed by $86.44 million from Fidelity’s FBTC and $41.77 million from Grayscale’s GBTC. The two-day total reached $816.96 million, coinciding with Bitcoin’s drop below $71,000, its lowest level since October 2024. Despite the pullback, cumulative net inflows since launch remain substantial at $54.75 billion, representing 6.36% of Bitcoin’s market capitalization.
Ethereum ETFs also faced sustained outflows, with $79.4 million leaving U.S. spot products. BlackRock’s iShares Ethereum Trust saw $58.95 million in redemptions, while Fidelity’s FETH shed $20.53 million. Other funds reported no flows, underscoring the narrow concentration of activity. The withdrawals align with Ethereum’s relative underperformance and ongoing uncertainty around staking-related catalysts, which continue to limit institutional appetite.
Solana Products See Limited Movement Solana ETF flows remained muted, with U.S. spot products posting a net outflow exceeding $6 million. The modest scale of movement suggests reduced selling pressure compared with recent weeks, yet the absence of meaningful inflows highlights persistent caution. Institutional conviction around Solana exposure appears constrained as broader market sentiment stays fragile.
In contrast to the dominant outflow trend, XRP ETFs attracted $4.83 million in net inflows. Franklin Templeton’s XRPZ captured more than half of the total, marking another day of relative resilience. While the inflows remain modest, they highlight selective positioning as investors gravitate toward assets viewed as having differentiated narratives or clearer regulatory trajectories.
2026-02-05 11:531mo ago
2026-02-05 06:301mo ago
‘I'll Keep Buying': Dave Portnoy Doubles Down on XRP as Price Falls
Barstool Sports founder Dave Portnoy is continuing to back XRP and bitcoin during a sharp crypto sell-off, maintaining his buying strategy even as prices have moved lower, signaling conviction rather than a short-term price call.
2026-02-05 11:531mo ago
2026-02-05 06:321mo ago
Shiba Inu Price Plunges 6% as Burn Rate Crashes to Zero for Second Time This Week
Shiba Inu price drops over 6% as the network records zero burn activity for the second time in seven days. SHIB trades at $0.000006325 with analysts warning of a potential 81% crash ahead.
Newton Gitonga2 min read
5 February 2026, 11:32 AM
The Shiba Inu network has recorded zero burn activity for the second time in under a week. Shibburn data shows no SHIB tokens were removed from circulation in the past 24 hours. This marks a concerning trend for the dog-themed cryptocurrency. The price has fallen more than 5% during the same period.
The burn mechanism serves a specific purpose in the SHIB ecosystem. It permanently removes tokens from the total supply to create scarcity. The strategy aims to boost demand and support price appreciation through reduced availability.
Current data reveals the circulating supply stands at 585,423,776,344,682 SHIB. Without active burning, this number remains unchanged. The deflationary model has effectively stalled.
Recent Burn Activity Falls ShortThe most recent burn event occurred 48 hours ago. Only 777,777 SHIB tokens were destroyed in that transaction. The modest amount failed to generate meaningful price momentum.
Trading data paints a bearish picture. SHIB reached a daily high of $0.000006809 before sliding to $0.000006415. The token currently trades at $0.000006325, down 6.17% in 24 hours.
Volume tells an interesting story. Trading activity surged 11.99% to $180.43 million. However, most transactions represent selling pressure rather than buying interest.
The broader cryptocurrency market faces significant headwinds. Bitcoin has lost over $5,000 in value within a single day. The leading digital asset dropped from $76,486.24 to $71,222. Market observers believe Bitcoin must reclaim the $72,500 level to provide relief across the sector.
Technical Analysis Points to Further DeclineAnalyst Ali Martinez has issued a stark warning about SHIB's technical structure. The meme coin has broken below critical support at $0.000006672. This level previously provided a floor for price action.
Martinez projects a potential 81% crash from current levels. Such a decline would erase nearly three years of accumulated gains. The prediction reflects growing concerns about SHIB's short-term trajectory.
On-chain data reveals a spike in spot flows. Activity increased by over 1,500% in the last 24 hours. Despite this surge, the metric failed to reverse the negative price trend.
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Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.
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Latest Shiba Inu News Today (SHIB)
2026-02-05 11:531mo ago
2026-02-05 06:361mo ago
Bitcoin drops below $70,000 as crypto selloff deepens before U.S. equity market opens
Bitcoin drops below $70,000 as crypto selloff deepens before U.S. equity market opens"Extreme fear" grips crypto and metals while U.S. equities show resilience ahead of key earnings.Updated Feb 5, 2026, 11:46 a.m. Published Feb 5, 2026, 11:36 a.m.
Bitcoin BTC$70,390.83 fell below $70,000 as the crypto selloff deepened before the start of equities trading in the U.S.
The largest cryptocurrency dropped to as low as $69.917.20 according to CoinDesk data, with sentiment sliding further into "extreme fear." The Fear and Greed Index sits at 11, a level reached only a handful of times in the past
STORY CONTINUES BELOW
The selloff remains largely contained within digital assets and metals, as broader U.S. equity markets show resilience. Gold fell more than 1%, slipping below $4,900 per ounce, and silver dropped over 11%, falling to under $79 per ounce.
U.S. equities, by contrast, are slightly higher in pre-market trading. The Invesco QQQ exchange-traded fund (ETF), which tracks the Nasdaq 100 index, is up 0.05%.
Bitcoin-exposed equities, however, extended declines. Strategy (MSTR), the largest publicly traded holder of the largest cryptocurrency, is down over 5% and nearly 80% below its November 2024 all time high. The company is due to report fourth-quarter earnings later Thursday.
Other bitcoin treasury companies, including Strive (ASST) and Nakamoto (NAKA), are down roughly 6%.
Crypto exchange Coinbase (COIN) is lower by another 2% while rival Bullish, the owner of CoinDesk, is down 0.4%.
Bitcoin linked AI miners are mixed. IREN (IREN) is down 3%, while Cipher Mining (CIFR) is down 2%, following steep declines of around 15% each on Wednesday. Larger miners with significant bitcoin holdings, including Riot (RIOT), MARA Holdings (MARA), and CleanSpark (CLSK), are all about 3% lower.
Some potential relief may emerge if correlations hold, as the iShares Expanded Tech Software ETF (IGV) is slightly higher. That's an industry sector bitcoin has historically tracked closely. Meanwhile, Google (GOOG) is down 3% despite beating fourth-quarter profit forecasts, after announcing higher capital expenditures of $185 billion, up from $175 billion, with estimated spending of about $119.5 billion.
David is a finance journalist and a contributor to Cryptonews.com with a keen interest in breaking comprehensive, accurate, and reliable blockchain news.
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14 minutes ago
Bitcoin has slipped to roughly $70,000 on February 5 — about 20% below the estimated $87,000 cost to produce a single coin — as hashrate declines, shrinking margins, and a broader market rout drag miner profitability to its lowest point in 14 months.
Key Takeaways:
– Bitcoin is trading near $71,000, roughly 20% below its estimated all-in production cost — a gap that has historically only appeared during bear markets.
– The Miner Profit and Loss Sustainability Index has sunk to 21, a level not seen since November 2024, after daily mining revenue briefly touched $28 million.
– A difficulty adjustment expected on February 8 could cut mining difficulty by around 14%, throwing a lifeline to operators still running machines.
CryptoQuant data puts the network hashrate near 970 exahashes per second, down 12% from a peak of roughly 1.1 zettahashes per second in October — the steepest slide since China’s 2021 mining ban.
The downturn traces back to early October, when Bitcoin was trading near $126,000. The largest derivatives liquidation event on record kicked off a sell-off that has yet to find a floor. CryptoQuant’s Bull Score Index has since fallen to zero.
Miner Revenue Collapses as Block Times Drift Above TargetThe financial strain on miners has intensified sharply in recent weeks. Daily Bitcoin mining revenue plunged from roughly $45 million to a yearly low of $28 million in late January, driven by a combination of falling prices and severe US winter storms that forced large operators to curtail production.
Output from the largest publicly traded miners dropped from roughly 77 Bitcoin per day to just 28 over the same period, according to CryptoQuant.
Average block times have drifted to roughly 11.6 minutes, well above the protocol’s 10-minute target, reflecting the volume of hashpower that has gone offline.
The Miner Profit and Loss Sustainability Index has slid to 21, confirming that revenues are failing to cover costs for a significant portion of the network. Older models, including the Antminer S19 XP+ and MicroBT M60S, are no longer profitable at current difficulty and standard electricity rates of $0.08 per kilowatt-hour.
Even newer S21-series machines are approaching their shutdown price range of $69,000 to $74,000, as previously reported.
Difficulty Adjustment Expected to Deliver Sharpest Cut Since 2021The next Bitcoin difficulty retarget, projected for February 8, is estimated to cut mining difficulty by approximately 14% to around 121 trillion, down from the current 141.67 trillion.
If confirmed, it would mark the largest single negative adjustment since mid-2021 and would immediately improve revenue per unit of computing power for miners that remain online.
VanEck, the digital assets investment firm, has argued that sustained hashrate declines have historically functioned as contrarian indicators. The firm’s data shows that negative 90-day hashrate growth has been followed by positive 180-day Bitcoin returns 77% of the time, with an average gain of 72%.
“When hash rate compression persists over longer periods, positive forward returns tend to occur more often and with greater magnitude,” VanEck analysts Matt Sigel and Patrick Bush wrote in a December research note.
AI Pivot and Institutional Retreat Add Layers of UncertaintyPart of the hashrate decline may be structural rather than cyclical. As covered earlier this year, miners including IREN and Core Scientific, have been redirecting capacity toward artificial intelligence and high-performance computing workloads, which offer steadier returns than block rewards in the current margin environment.
VanEck estimated that as much as 10% of Bitcoin’s hashrate could eventually shift toward AI permanently.
Meanwhile, institutional demand through US spot Bitcoin ETFs has reversed. Research data shows ETFs have become net sellers in early 2026, offloading roughly 10,600 BTC year-to-date compared with purchases of about 46,000 BTC over the same period in 2025.
2026-02-05 11:531mo ago
2026-02-05 06:411mo ago
Bitcoin Suddenly Plunges As Panic Selling ‘Accelerates' Price Crash Fears
Bitcoin has dropped sharply, plunging under the closely-watched $70,000 per bitcoin level as traders bet the bitcoin price could have much further to fall.
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The bitcoin price has lost almost 10% over the last 24 hours, taking its losses since hitting an all-time high of $126,000 in October to nearly 50% as traders fear a “worst case scenario” bitcoin crash.
Now, as an “apocalypse” appears to be quietly emerging, bitcoin and crypto traders are scrambling to get ahead of what could become a full-blown bitcoin and crypto crash.
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The bitcoin price has crashed back to under where it was when U.S. president Donald Trump was reelected in November 2024.
AFP via Getty Images
“As bitcoin continues its slide toward the psychological barrier of $70,000, it’s clear the crypto market is now in full capitulation mode. If previous cycles are anything to go by, this is no longer a short-term correction, but rather a transition from distribution to reset–and these typically take months, not weeks," Nic Puckrin, investment analyst and co-founder of Coin Bureau, said in emailed comments.
“We’re seeing large-scale selling by bitcoin whales, and institutional outflows are mounting. At this point, expect a battle to defend the $70,000 threshold, but if bitcoin breaks below this level, it could be heading for its bear market low around $55,700-$58,200.”
Puckrin added that while bitcoin exchange-traded funds that have taken Wall Street by storm over the last two years “are seeing outflows, Bloomberg data shows the majority of ETF holders are sitting on paper losses, while Bitcoin OGs are doing most of the selling,” calling it "bitcoin’s institutionalization in action.”
Meanwhile, a sell-off in artificial intelligence-linked stocks that’s boosted gold and other safe haven assets is also hitting the bitcoin price.
“That shift is directly impacting crypto prices,” Wenny Cai, chief operating officer at SynFutures, said via email.
“Bitcoin’s move below the low-$70,000s has accelerated a broader deleveraging, flushing out crowded positioning built during the post-ETF rally. Liquidations have been heavy, sentiment has swung risk-off, and price action is now being driven more by balance-sheet mechanics than narrative flow. This doesn’t signal the end of institutional participation, but it does mark the end of complacency.”
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Forbes‘Worst-Case Scenario’—Bitcoin Price Crash Fears Suddenly Surge After Stark $1 Trillion WarningBy Billy Bambrough
The bitcoin price is headed for losses of 50% since hitting an all-time high, with a crypto market crash looming.
Forbes Digital Assets
Bitcoin’s failure to rally along with gold since its October flash crash has dented bitcoin’s reputation as an emerging safe haven, with traders all but giving up on bitcoin and crypto more broadly until U.S. president Donald Trump’s new pick for Federal Reserve chair Kevin Warsh gets his feet under the desk.
"Bitcoin dramatically underperformed as a flight-to-safety asset, especially when you compare it to assets like gold. If you look at bitcoin as a hedge against dollar devaluation, it didn’t actually perform very well. People are pretty bearish on crypto markets more generally over the next six to nine months. There’s been a clear shift away from seeing crypto as a safe haven toward viewing it as a risk-on asset. Even traders who cut their teeth on crypto are expressing a much more cautious, defensive view right now," Kaledora Fontana Kiernan-Linn, the chief executive of Ostium, said in emailed comments.
“The consensus view is that crypto markets are bearish until about September. A lot of that is driven by expectations that rate cuts won’t come until after a Fed chair transition, and even then, it takes time for that to filter through to risk-on assets. There’s a sense that meaningful upside only comes after policy changes have had time to work through the system.”
2026-02-05 11:531mo ago
2026-02-05 06:421mo ago
US ETFs Sell Half a Billion as Bitcoin Touches $70,000
Bitcoin briefly dropped below $70,000 on Thursday amid a broader sell-off of risk assets.
The move, which happened around 6:27 a.m. ET, was the first time bitcoin fell below $70,000 since November 2024. Bitcoin bounced off that low and was trading at around 70,453.68 at 6:40 a.m. ET, according to CoinMetrics data.
Some market watchers have suggested $70,000 is a key level to watch and a break below that could trigger more falls for bitcoin.
The price of bitcoin over the last year.
The drop follows a broad sell-off in tech stocks in the U.S. on Wednesday which filtered through to cryptocurrencies.
Meanwhile, precious metals continue to be volatile with silver plunging again on Thursday and gold under pressure.
Liquidations — when traders' positions are automatically sold as bitcoin hits a certain price — continue to weigh on markets. This week, more than $2 billion long and short positions in cryptocurrencies have been liquidated this week as of Thursday, according to data from Coinglass.
Bitcoin has been on a steady decline since it hit an all-time high above $126,000 in October. It now sits around 40% off that record high with other cryptocurrencies, including ether and XRP, off by much more.
"[The] straight line bull run that a lot of people expected hasn't really materialized yet. Bitcoin isn't trading on hype anymore, the story has lost a bit of that plot, it is trading on pure liquidity and capital flows," Maja Vujinovic, CEO of digital assets at FG Nexus, told CNBC's "Worldwide Exchange."
watch now
While many in the crypto market have credited large institutional investors with supporting bitcoin's price, it is those same participants who appear to now be selling.
"Institutional demand has reversed materially," CryptoQuant said in a report on Wednesday.
U.S. exchange-traded funds which purchased 46,000 bitcoin at this time last year, are net sellers in 2026, CryptoQuant said.
The report also notes another key figure. "Bitcoin has broken below its 365-day moving average for the first time since March 2022 and has declined 23% in the 83 days since the breakdown—worse than the early 2022 bear phase," CryptoQuant analysts said. A moving average is a technical trading term that refers to the average closing price of an asset over a specified time.
This suggests "potential downside toward the $70K–$60K range," CryptoQuant said.
2026-02-05 11:531mo ago
2026-02-05 06:431mo ago
Solana News: $420B Asset Bank Backs Solana Over Bitcoin, Ethereum
In today’s Solana News, Standard Chartered is encouraging market participants to look beyond short-term swings in digital assets and concentrate instead on what it describes as higher-quality blockchain networks. The comments come as the recent downturn makes prices cheaper across the crypto space while also creating a clearer separation between stronger ecosystems and more speculative tokens.
According to Geoff Kendrick, the bank’s Head of FX and Digital Assets Research, the latest pullback offers a strategic window to buy into projects with long-term sustainability rather than chasing short-lived rallies.
Standard Chartered Brands Solana “Quality” Layer-1 Network Kendrick noted that he is adding to his crypto positions during the weakness, arguing that assets with long-term prospects are likely to emerge strongly as volatility fades. Within that framework, Ethereum and Solana remain the bank’s preferred layer-1 blockchains.
He reiterated that Ethereum stands out because of its dominance in DeFi, ongoing scalability upgrades, and improving regulatory clarity. At the same time, he placed Solana in a similar “quality” category, citing its technical strengths and growing ecosystem.
Still, the bank has slightly adjusted its near-term expectations for SOL. Standard Chartered lowered its 2026 forecast to $250 from $310, acknowledging that Solana’s next major move could take longer to fully develop.
Nonetheless, the revision does not reflect weakening confidence. Instead, the bank lifted its longer-term outlook, arguing that Solana’s structural advantages remain intact.
What Could Power the Next Bullish Phase Looking further ahead, Kendrick believes Solana’s high throughput and low fees could position it as a leading network for micropayments, particularly as AI-driven applications and stablecoin activity expand. If that scenario materializes, the bank expects SOL to outperform Bitcoin between 2027 and 2030.
Importantly, on-chain behavior appears to support that thesis. Activity on Solana’s decentralized exchanges is shifting away from meme tokens and toward SOL-stablecoin pairs. These stablecoins are reportedly turning over two to three times faster than comparable assets on Ethereum, signaling more utility-focused demand.
Standard Chartered also expects Solana to outperform Ethereum this year and into 2027. On a broader scale, it sees SOL gradually narrowing the gap to Ethereum, predicting a $2,000 price by 2030.
Forget Solana: A New 100x Opportunity Emerges Despite a long-term bullish outlook, Solana is struggling to replicate its price performance. As a result, some market participants also look beyond large-cap assets and examine earlier-stage blockchain projects, where price dynamics and risk profiles differ significantly.
Within this broader context, attention has increasingly turned to smaller altcoins operating in niche segments. One project often mentioned in this category is Minotaurus (MTAUR).
MTAUR is a Binance Smart Chain-based token powering a blockchain-integrated gaming platform. Unlike meme-driven tokens, Minotaurus focuses on functional gameplay and token-based mechanics, providing players with exciting features.
Why Just 10,000 MTAUR Can Be Life Changing At the current market price of 0.00012656 USDT, one can acquire 395,000 MTAUR for less than 50 USDT. Let’s assume that MTAUR hypothetically rallies 17,820% as SOL did from its all-time low; a 50 USDT purchase would turn into 8,960 USDT.
Now, imagine buying 100 USDT, 1,000 USDT, or 10,000 USDT worth of MTAUR at the current price, and it allegedly mirrors SOL’s all-time rally. Such portfolio upsides would easily make one a millionaire.
Buy MTAUR now or learn more at minotaurus.io.
Disclaimer: This content is for informational purposes only and not financial advice. Cryptocurrency investments are volatile and speculative. Always do your own research before investing. The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.
2026-02-05 11:531mo ago
2026-02-05 06:441mo ago
'Big Short' Micheal Burry spots 2022 vibes in bitcoin crash
'Big Short' Micheal Burry spots 2022 vibes in bitcoin crashThe ‘Big Short’ investor compared the current slide with a one-time past cycle breakdown that saw BTC lose nearly half its value before stabilizing. Feb 5, 2026, 11:44 a.m.
Perma-bears, much like their hyper bullish counterparts, love shoehorning patterns into the chaos to prop up their gloom.
Take Michael Burry, the "Big Short" oracle famed for doomsday calls, who's now comparing bitcoin's ongoing bear market with the 2022 brutal plunge , ominously hinting this crash has legs to run much deeper.
STORY CONTINUES BELOW
In a post on X in early Asian hours Thursday, Burry highlighted similarities between BTC's drop from the October high of $126,000 to $70,000 and Bitcoin’s late 2021 and 2022 plunge, claiming in a chart that patterns match perfectly so far.
The previous bear market saw bitcoin fall from around $35,000 to below $20,000 before stabilizing — a move that, when mapped onto today’s price levels, implies risk toward the low $50,000s.
Burry did not spell out a target, but the visual comparison was enough to reignite debate over whether bitcoin is repeating an old script or whether the analogy is being stretched too far.
Analysts and traders questioned whether a single historical instance qualifies as a meaningful pattern at all.
“Is it a pattern if it happened once?” asked trading firm GSR, capturing a broader skepticism toward analog-driven market calls.
The critique goes beyond semantics, however, bitcoin’s 2021–22 collapse unfolded under very different conditions, marked by aggressive Federal Reserve tightening, collapsing crypto-native leverage and heavy retail participation.
On the other hand, today’s market is shaped by spot bitcoin ETFs, deeper institutional liquidity and a macro backdrop dominated less by rate hikes and more by cross-asset volatility tied to equities, commodities and artificial intelligence spending fears.
Still, Burry’s comments have landed at a sensitive moment.
Bitcoin has been whipsawing sharply this week, dropping below $71,000 before rebounding and then slipping again as global risk appetite deteriorated.
Burry’s history adds weight to the discussion, even when his calls prove controversial. His approach often centers on shifts in positioning and market psychology rather than precise forecasts.
In that sense, the chart functions less as a prediction and more as a warning about failed rebounds and dimmed conviction.
2026-02-05 11:531mo ago
2026-02-05 06:451mo ago
Aragon Launches Verifiable Framework to Evaluate Crypto Tokens on Fundamentals
Aragon has launched a new framework and public dashboard designed to help users assess what rights a crypto token actually grants its holders, as ongoing questions persist across the industry around token utility, governance power and whether value flows are real or merely implied.
The release includes the Ownership Token Framework and a companion product, the Ownership Token Dashboard, which publishes structured ownership profiles for selected tokens. At launch, the dashboard features profiles for Uniswap (UNI), Curve (CRV), Lido (LDO), Aerodrome (AERO) and Aave (AAVE). Aragon said additional tokens will be added on a rolling basis.
The initiative targets a recurring issue in crypto markets: many tokens trade on narratives about ownership, control or future fee capture without a consistent way to verify whether those rights are actually implemented in deployed systems.
“Smart contracts make it possible to encode and enforce economic rights directly in code, but those rights only exist where systems actually implement that control plane,”
Aragon CEO Anthony Leutenegger said.
“When ownership is discretionary or unverifiable, tokenholder exposure becomes a matter of trust.”
Tokens can only be evaluated on fundamentals when they have enforceable claims on value and capital flows.
Today we're releasing the Ownership Token Framework, measuring how project fundamentals map to the token by evaluating ownership, value accrual, and verifiability. pic.twitter.com/FeXwOzi3pi
— Aragon.eth 🦅 (@AragonProject) February 4, 2026A push for measurable standardsAragon said the framework is intended to provide a common reference point for evaluating token fundamentals using verifiable onchain and offchain evidence, rather than assumptions or marketing claims.
The company cited a CoinGecko study that found 11.6 million tokens failed in 2025, representing roughly 86% of recorded token failures between 2021 and 2025. While token failures can stem from a range of factors — including liquidity conditions, market structure and speculative launches — Aragon said the figure highlights the need for clearer tools to distinguish between tokens with enforceable rights and those that depend largely on expectations.
The framework focuses narrowly on whether tokenholder rights are implemented and provable, rather than on market performance or popularity.
What the framework evaluatesAccording to Aragon, the Ownership Token Framework assesses tokens across four core categories including onchain control, value accrual, verifiability, and token distribution.
The framework also highlights offchain dependencies such as governance processes, upgrade authorities or operational structures outside smart contracts — that could introduce incentives misaligned with tokenholder interests.
Aragon said the goal is not to “grade” projects, but to document control and value mechanics in a structured, evidence-based format.
Dashboard links assessments to evidenceThe Ownership Token Dashboard applies the framework by presenting token profiles backed by continuously updated onchain and offchain data. Each profile links to supporting evidence, including deployed smart contracts, governance execution paths, value routing mechanisms and relevant offchain structures.
Aragon said the initial set of profiles was developed with input from the protocol teams featured on the dashboard. While the approach aims to reduce third-party guesswork, the accuracy of profiles will still depend on how frequently they are updated as protocols change contracts, permissions or governance processes.
Aragon said the framework and dashboard were reviewed by governance, legal and policy experts focused on onchain systems and digital asset structures, particularly to assess how ownership and control function after token launches.
Miles Jennings, general counsel at a16z crypto, said the framework helps clarify who retains power post-launch and what risks may arise from “hidden dependencies.”
Not an investment adviceAragon emphasized that the framework and dashboard do not constitute legal, financial or investment advice.
Even with improved disclosure, tokenholders still face persistent risks, including concentrated onchain control, low governance participation, smart contract vulnerabilities and valuations disconnected from value accrual mechanisms. Regulatory scrutiny also continues to shape how tokens are issued and marketed across jurisdictions.
The framework’s focus, Aragon said, is strictly on whether rights and value mechanisms exist and can be verified, not on whether a token represents a good or bad investment.
What comes next?The launch comes as crypto markets mature and calls grow louder for clearer standards around token design and disclosure. If widely adopted, the framework could influence how teams communicate tokenholder rights and how analysts and researchers compare tokens beyond price performance.
For now, Aragon’s dashboard covers five large DeFi tokens. Whether it evolves into a broader industry reference point may depend on how consistently it is maintained, how widely it expands and whether market participants come to treat “verifiable ownership” as a baseline expectation rather than a niche analytical lens.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2026-02-05 11:531mo ago
2026-02-05 06:461mo ago
Ethereum faces billion dollar sell pressure as top crypto fund faces $862M high stakes liquidation risk
A leveraged Ethereum position built by Jack Yi's Trend Research continues to unwind under pressure.
The position, assembled through Aave's lending protocol and reported to have reached roughly $958 million in borrowed stablecoins at its peak, has been shrinking through repeated defensive sales as Ethereum's price declines.
On Feb. 4, Trend deposited another 10,000 ETH (approximately $21.2 million) to Binance to sell and repay loans, according to on-chain tracking profile Lookonchain.
The position now holds 488,172 ETH, valued at roughly $1.05 billion at current prices.
The deleveraging began in early February, when Trend sold 33,589 ETH (roughly $79 million) and used $77.5 million in USDT to repay debt, thereby pushing the reported liquidation threshold from $1,880 to $1,830.
The Feb. 4 sale marks the latest step in a controlled retreat aimed at keeping the position above water as Ethereum trades lower.
The market watches as the mechanics of unwinding a billion-dollar leveraged bet during thin liquidity can trigger a cascade that moves the market faster than the flow itself would suggest.
What the numbers showLookonchain reported that Trend Research expanded its Aave-based leverage to approximately $958 million in borrowed stablecoins, backing holdings that peaked at roughly 601,000 ETH.
The position used Ethereum as collateral to borrow stablecoins, creating a loop where falling ETH prices reduce the collateral value. At the same time, the debt remains fixed, in a classic leveraged long structure.
Trend has now sold at least 112,828 ETH across multiple transactions since early February. The position has declined from approximately 601,000 ETH to 488,172 ETH, a reduction of approximately 19%.
At current prices near $2,150, the remaining position is valued at approximately $1.05 billion.
Arkham earlier estimated the position was down roughly $562 million in unrealized losses when liquidation risk first surfaced around the $1,800 level. Currently, the position is down $862 million since the end of January.
Trend Research holdings (Source: Arkham Intelligence)The data suggests multiple Aave positions with different liquidation thresholds, including one leg at approximately $1,558, indicating that the structure may be more complex than a single monolithic trigger.
The repeated sales show a strategy of staying ahead of forced liquidation by voluntarily reducing exposure. Each sale repays debt, thereby reducing the total outstanding debt and improving the health factor, which is the ratio of collateral value to debt value that determines liquidation eligibility.
However, each sale also locks in losses and reduces the remaining bet.
Chart shows Trend Research reducing Ethereum holdings from 601,000 to 488,172 ETH through early February 2026 as ETH price declined from $2,350 to $2,175.How Aave liquidations actually workAave liquidations don't dump collateral onto the open market in one block trade.
Instead, they transfer collateral to liquidators, who repay a portion of the borrower's debt and receive the seized ETH, along with a liquidation bonus. Liquidators then decide how and where to offload or hedge that ETH.
The liquidation process begins when a position's health factor drops below 1. Aave's close factor determines the amount of debt that can be repaid in a single liquidation event.
When the health factor is between 0.95 and 1, up to 50% of the debt may be liquidated. When the health factor falls below 0.95, up to 100% of the position may be liquidated.
This creates two regimes: a stepwise, manageable process if the position hovers near the threshold, or a cliff if the health factor plunges.
The potential liquidation amount depends on the remaining debt. If Trend has successfully reduced its debt through recent sales, the maximum liquidation flow is smaller than the initial $941 million to $958 million debt band.
However, the remaining 488,172 ETH still represents roughly $1.05 billion in collateral, enough to move markets if forced liquidation accelerates.
Ethereum's 24-hour trading volume runs around $49 billion. A forced liquidation of even half the remaining position, roughly 244,000 ETH or $525 million at current prices, would represent about 1% of daily volume.
That sounds digestible until two reality checks complicate the math.
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First, time compression matters. If liquidators need to offload quickly, within minutes or hours, the flow becomes a large share of short-horizon liquidity even if it's a small share of 24-hour volume.
Second, liquidity is endogenous during stress. During leverage-driven selloffs, liquidity becomes fragile, potentially creating forced flows that move the price more than volume math suggests.
Diagram illustrates Aave liquidation mechanics showing how health factor thresholds determine whether 50% or 100% of debt can be liquidated per event.The cascade pathwaysThe market impact of a large Aave liquidation doesn't come from a single sell order. It comes through three channels that can reinforce each other.
The first is direct liquidation disposal and hedging. Liquidators often hedge immediately by shorting perpetual futures, then unwind by selling seized ETH into spot or decentralized exchange liquidity.
This creates two-sided pressure: short futures and spot sales.
The second is a reflexive feedback loop. Spot price drops, oracle prices update, and more Aave positions cross the health factor threshold below 1, triggering additional liquidations.
Those liquidations put more ETH into liquidators' hands, who sell or hedge, pushing the spot price lower. The cycle repeats.
The third is narrative and balance-sheet pressure. Even outside DeFi protocols, large holders facing unrealized losses may be prompted to engage in defensive selling to avoid worse outcomes.
Trend's repeated sales demonstrate this dynamic.
What to watchThree indicators signal whether this unwinds in a contained way or cascades.
First, the Aave health factor behavior. Trend's repeated voluntary sales suggest that the health factor is actively managed and remains above the forced liquidation threshold.
If Ethereum's decline accelerates and Trend can't sell fast enough, the health factor could cross below 1.
Second, where the disposal prints. The Feb. 4 deposit of 10,000 ETH to Binance suggests centralized exchange order books are absorbing the flow. Watch for larger deposits or faster execution windows that could signal panic rather than controlled deleveraging.
Third, the broader liquidation environment. If Ethereum and the wider crypto market continue to experience elevated forced selling, the same flow exerts greater leverage on price because liquidity providers withdraw and order books thin.
The billion-dollar position at risk isn't one trade. It's a test of how DeFi liquidation mechanics, thin liquidity, and reflexive loops interact when leverage meets stress.
Trend Research's controlled retreat shows the strategy for staying ahead of forced liquidation.
Whether that strategy succeeds depends on how fast Ethereum falls and how much liquidity remains in the market to absorb the flow.
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2026-02-05 11:531mo ago
2026-02-05 06:461mo ago
Bitcoin Recovery Timeline: When BTC Price May Start Rising Again
Bitcoin price continued to face heavy selling pressure this week, trading near the $71,000 level and showing signs of further downside as broader market uncertainty builds. Market observers warn that a break below the $70,000 psychological support could open the door to a deeper correction into the $60,000 range or lower.
Bitcoin Bear Market Duration Shows a Clear DowntrendPast Bitcoin bear markets show a clear trend of becoming shorter with each cycle. The first major downturn lasted about 410 days. The second cycle lasted around 365 days. The most recent completed bear market lasted roughly 330 days. This shows that Bitcoin’s price declines have taken less time over the years.
Despite this pattern, some analysts still use an average duration of about 370 days to estimate market bottoms. This approach ignores the steady shortening of market cycles.
When historical data is analyzed using trend-based models, the current bear market is projected to last closer to 288 days. Measured from Bitcoin’s all-time high on October 6, this points to a possible market bottom around July 21, 2026.
On-Chain Data Highlights $60,000 as a Potential Bitcoin Bottom ZoneMore signs of a possible Bitcoin price bottom come from a long-used market indicator that compares how much Bitcoin is currently in profit versus how much is in loss.
In previous market declines, Bitcoin has often reached its lowest point when these two amounts moved close to each other.
Right now, about 11 million Bitcoins are still in profit, while roughly 9 million are sitting at a loss. If these figures continue to narrow at current price levels, it would point to a Bitcoin price near $60,000, which closely matches where past market bottoms have formed.
Bitcoin Price Bottom TimelineBased on the historical view, Bitcoin’s price could hit a low as early as May 14, well ahead of the July estimate suggested by longer-term trend models. Even though the timelines differ, both point toward the same price area, making $60,000 an important level to watch.
While market conditions can change quickly and no single method can predict prices with certainty, the way past trends, price behavior, and supply data line up this cycle suggests the downturn may be shorter than in previous years.
The economic conditions and unexpected events could still affect the outcome, but the repeating patterns seen across multiple Bitcoin cycles offer useful context for those watching Bitcoin’s long-term price direction.
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2026-02-05 10:521mo ago
2026-02-05 05:211mo ago
CORT Investors Have Opportunity to Join Corcept Therapeutics Incorporated Fraud Investigation with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Corcept Therapeutics Incorporated ("Corcept" or "the Company") (NASDAQ: CORT) 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. Corcept announced on December 31, 2025, that the FDA "has issued a Complete Response Letter (CRL) regarding the New Drug Application (NDA) for relacorilant as a treatment for patients with hypertension secondary to hypercortisolism." According to the Company, "the FDA acknowledged that Corcept's pivotal GRACE trial met its primary endpoint and that data from the company's GRADIENT trial provided confirmatory evidence, the Agency concluded it could not arrive at a favorable benefit-risk assessment for relacorilant without Corcept providing additional evidence of effectiveness." Based on this news, shares of Corcept fell by more than 50%.
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
SOURCE The Schall Law Firm
2026-02-05 10:521mo ago
2026-02-05 05:211mo ago
India's Reliance Industries buys 2 mln barrels of Venezuelan oil, traders say
A guard walks past the Reliance Industries logo near the entrance of Dhirubhai Ambani Knowledge City in Navi Mumbai, March 15, 2024. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights, opens new tab
CompaniesNEW DELHI/SINGAPORE, Feb 5 (Reuters) - India's Reliance Industries (RELI.NS), opens new tab has bought 2 million barrels of Venezuelan oil from trader Vitol, trade sources said on Thursday, the first purchase by the company from the South American nation in nearly a year.
Trading houses Vitol and Trafigura were granted U.S. licenses to market and sell millions of barrels of Venezuelan oil following the U.S. military operation last month to capture President Nicolas Maduro, and a subsequent supply agreement with interim President Delcy Rodriguez.
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Reliance, which operates the world's biggest refining complex, has bought Venezuelan crude for April delivery at a discount of around $6.5-$7 per barrel to ICE Brent, the trade sources said.
Reliance did not respond to a Reuters email seeking comment. Vitol said in an email that it had no comment to offer.
Reporting by Nidhi Verma; Editing by YP Rajesh
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Nidhi Verma is an award-winning journalist working with Reuters. Presently, she is working as Team Leader-Energy in India. She has more than two decades of experience in covering India and global energy sector. Her stories show a new dimension of the energy sector, the nuances of the oil trade, the role of geopolitics and the diplomatic efforts that a country makes to mitigate the impact of external shocks.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-05 10:521mo ago
2026-02-05 05:241mo ago
German cartel office bans Amazon from using price controls
An outside view of an Amazon logistics centre in Mannheim, Germany, September 17, 2019. REUTERS/Ralph Orlowski Purchase Licensing Rights, opens new tab
CompaniesFRANKFURT, Feb 5 (Reuters) - Germany's cartel office has prohibited Amazon (AMZN.O), opens new tab from imposing price caps on online retailers in its German marketplace and for the first time claimed several million euros that it said the U.S. firm obtained through anti-competitive behavior.
"Amazon competes directly with other marketplace retailers on its platform," said cartel office president Andreas Mundt.
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"Therefore, influencing competitors' pricing, even in the form of price caps, is only permissible in absolutely exceptional cases, such as price gouging," he added.
Since Amazon has so far stuck to its price practice, the office is using a new power it gained through 2023 reforms to initially demand 59 million euros ($69.54 million) from the Big Tech company. The company has one month to appeal the decision.
Rocco Braeuniger, the country manager for Amazon's German site, said the company would appeal "this unprecedented regulatory decision" and continue to operate as usual.
If Amazon is now solely obligated to "promote uncompetitive or even abusive prices in the store, this will lead to a poor shopping experience," he added.
In a similar case, the German watchdog in October started investigating whether China's Temu is influencing the pricing of third-party merchants on its e-commerce platform.
($1 = 0.8484 euros)
Reporting by Hakan Ersen and Matthias Inverardi Writing by Miranda Murray Editing by Ludwig Burger
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-02-05 10:521mo ago
2026-02-05 05:251mo ago
Silver Plunges After Brief Rebound as Volatility Remains High
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Amazon is offering severance pay and transfer options to workers at its Amazon Fresh stores. David Ryder/Getty Images 2026-02-05T10:25:01.238Z
Amazon said last week that it's shuttering its Amazon Fresh stores. Store workers are set to be paid through late April, according to a message seen by Business Insider. From there, Fresh workers could get severance or a transfer within Amazon's grocery operations. Amazon is offering workers at its Amazon Fresh stores severance pay — or the option to apply for a transfer within its grocery business — as it shuts down the supermarkets.
Last week, the tech and e-commerce giant said it would close roughly 60 Amazon Fresh stores in the US. Amazon had spent close to six years trying to make the grocery chain work.
The decision means that thousands of Amazon Fresh employees are losing their roles, according to WARN notices filed in some states where Amazon operates Fresh stores. In California, for example, Amazon is set to close roughly 20 Fresh stores, affecting about 3,900 workers.
After announcing the store closures, Amazon provided Fresh employees on January 27 with details of what comes next, including their final pay, transfer opportunities, and a severance package, according to messages sent to Fresh workers and viewed by Business Insider.
All Fresh workers are set to receive their normal pay and benefits for 90 days after Amazon announced the closure, or until April 28, according to one message sent to Fresh workers. Workers will get either the minimum pay for their employee class or average hours worked over the previous 60 days — whichever is higher.
Fresh stores in most states closed to the public on February 1, though those in California are expected to remain open until mid-March due to a state law, Amazon previously announced.
What happens to workers from there depends on whether the former Fresh workers secure another job within Amazon.
"All affected employees will have the opportunity to apply for open roles within Amazon where available, and we're providing career transition services to help them explore options," an Amazon spokesperson told Business Insider.
If workers don't have a new job lined up within the company by late April, they would receive one week of pay for every six months of service at Amazon Fresh, according to another message viewed by Business Insider. Workers are expected to receive a minimum of four weeks' pay and could get up to 20 weeks' worth.
Fresh workers interested in transferring within Amazon were told to look for similar positions at Whole Foods stores or Amazon grocery warehouses via the company's internal A to Z portal.
Grocery associates at Amazon Fresh, who handled duties at Fresh stores ranging from picking delivery orders to ringing up customers at checkout, typically earned between $16 and $20 an hour, according to data compiled by jobs search site Indeed from workers.
Have a tip? Contact this reporter at [email protected] or via encrypted messaging app Signal at 808-854-4501. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.
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2026-02-05 10:521mo ago
2026-02-05 05:261mo ago
Vodafone Shares Fall After Revenue Disappoints, Dragged by Turkey Weakness
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Sorrento Resources Ltd. (CSE: SSRS) (OTCQB: SRSLF) (the "Company" or "Sorrento"), a Canadian exploration company focused on mineral opportunities in Atlantic Canada, is pleased to announce it has received the permit required to begin drilling at its Rodgers Cove Gold Project in Newfoundland and Labrador.
With the permit now in hand, Sorrento plans to move quickly. The drill rig currently operating at the Company's Bottom Brook Project will be mobilized to Rodgers Cove immediately following the completion of the Bottom Brook drilling program. The upcoming campaign is expected to include approximately 1,500 to 2,000 metres of diamond drilling designed to test priority targets and advance the project.
Management Commentary
"Receiving this permit clears the way for us to get drills turning at Rodgers Cove," said Alex Bugden, President and Chief Executive Officer of Sorrento. "We are excited to build on our exploration momentum and move straight into a focused drill program as soon as Bottom Brook is completed."
About Sorrento Resources Ltd.
Sorrento is engaged in acquisition, exploration, and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious and rare earth element, gold, and base metal properties of merit including the Bottom Brook Project, Rodgers Cove Gold, and Harmsworth (VMS) project all located in Newfoundland.
On Behalf of The Board of Directors,
SORRENTO RESOURCES LTD.
"Signed"
Disclaimer for Forward-Looking Information
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are "forward-looking statements". Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282746
Source: Sorrento Resources Inc.
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