Market Signal Briefing

SummaryChevron is well-positioned to benefit from rising energy demand driven by AI and global economic growth, offering value versus expensive tech stocks.CVX's disciplined capital strategy, Hess acquisition, and strong upstream performance support robust free cash flow and double-digit EPS growth potential.CVX has a 4.3% dividend yield, low leverage, and Dividend Aristocrat status, providing income stability and appealing total return prospects.I rate CVX a 'Buy' at current levels, citing its attractive valuation, resilient production growth, and pivotal role in the evolving energy landscape. CatLane/E+ via Getty Images

Energy remains one of my favorite places to park my capital, especially when it seems everything that’s AI-related is too expensive. So far this year, Alphabet (GOOG) (GOOGL), Meta (META

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 CVX 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 am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

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.

Recommended For You

Sales of all-electric cars in China were strong in October, but there were signs of weakness for investors to note.

AI isn't the only reason to buy them.

Legendary investor Warren Buffett took the helm of the holding company Berkshire Hathaway in 1965, and he has led it to fantastic, market-crushing gains. Through the end of 2024, just a year shy of his retirement, Berkshire Hathaway had gained 5,502,284% in per-share market value versus a 39,054% gain for the S&P 500.

Investors looking to emulate his fantastic success are best off following his advice, or you can easily buy shares of Berkshire Hathaway stock. If you look through the company's equity portfolio, which is public, you might be surprised to see a few tech stocks.

Buffett is a fan of value stocks and dividend stocks, and he loves consumer goods. In fact, the two artificial intelligence (AI) stocks he does own -- Apple (AAPL 0.31%) and Amazon (AMZN +9.77%) -- are both consumer goods giants, and AI can drive further growth for both of them.

Image source: Getty Images.

Apple: 24.3% of Berkshire's portfolio
Apple is one of a trio of stocks that Buffett said he would never sell. While many people would label it a tech company, Buffett loves the consumer goods aspect of its business. It sells lots of devices to lots of people, and the interconnected system creates an Apple community with loyal users and customers who typically buy all-Apple products -- iPhones, laptops, and the like.

Today's Change

(

-0.31

%) $

-0.83

Current Price

$

270.57

The iPhone is its premier product, accounting for about half of total revenue. Users love its design, quality, features, and more. Once converted, they typically don't look back.

Although fans are known to upgrade to new models, it often takes a few years. Recently, there have been higher sales from customers who upgraded when digital became more important during the pandemic.

Increasing iPhone sales have greater implications than simply adding to the top line. Investors and analysts have been worried about the trajectory of Apple Intelligence, which seems to be behind other AI programs.

But increasing iPhone sales are a clear indication that customers are happy with their devices, that the level of AI is working for them, and that there are other features that may be more important. This is Apple's edge, and it's why Buffett loves it.

Image source: Amazon.

Amazon: 0.7% of Berkshire's portfolio
Amazon is only a small fraction of Buffett's portfolio, but it packs a mean punch. It's one of the most important AI companies in the world, and combined with its consumer focus, Amazon still has incredible long-term opportunities.

The AI business runs on Amazon Web Services (AWS), the cloud services segment. The company has developed a large platform offering all kinds of services, including the tools for developers to build their own large language models (LLMs), as well as to engage with an assortment of LLMs through its Bedrock program.

Today's Change

(

9.77

%) $

21.77

Current Price

$

244.63

Amazon is investing hundreds of millions of dollars in its AI business, and it's already paying off: It has a run rate of more than $100 billion, and management thinks it's just getting started. "Every single area that I can think of in the way we work is likely going to be impacted in some meaningful way by AI," CEO Andy Jassy has said.

And it's still in its early stages. The company is developing its own chips and hardware to offer budget options and compete on price, and it has a long-term vision as it sets up its AI business. That means investing in powerful data centers that can support AI capabilities for its AWS clients.

It's important to note that, as with Apple, Buffett didn't buy Amazon stock for exposure to AI; he's not a big fan of the technology. The two investments stand out for many reasons, and one of them is that they offer so much more besides the AI opportunity.

, /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Avantor, Inc. ("Avantor" or "the Company") (NYSE: AVTR) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Avantor securities between March 5, 2024 and October 28, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/AVTR.

Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company's business and operations. Specifically, the Complaint alleges that Defendants misrepresented and/or failed to disclose that: (1) Avantor's competitive positioning was weaker than Defendants had publicly represented; (2) Avantor was experiencing negative effects from increased competition; and (3) as a result, Defendants' representations about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/AVTR. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Avantor you have until December 29, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

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

Why Bronstein, Gewirtz & Grossman

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

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

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

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

SOURCE Bronstein, Gewirtz & Grossman, LLC

The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian producers.

On October 31, 2025, Maestria Partners LLC disclosed in a U.S. Securities and Exchange Commission filing that it sold 293,146 Magnite (MGNI +3.47%)shares, an estimated $6.92 million transaction for the period ended September 30, 2025.

What HappenedAccording to a filing with the SEC dated October 31, 2025, Maestria Partners LLC reduced its stake in Magnite by selling approximately 293,000 shares. The estimated value of the shares sold was $6.92 million, based on average pricing for the period. Following the sale, the fund reported holding about 1.14 million shares at period end, valued at $24.85 million as of Q3 2025.

What Else to KnowThis was a partial reduction in Magnite, which now represents 7.86% of Maestria’s $316.35 million U.S. equity portfolio.

Top holdings after the filing:

BN: $36.81 million (11.6% of AUM)AMZN: $30.78 million (9.7% of AUM)APO: $30.51 million (9.6% of AUM)FOUR: $28.83 million (9.1% of AUM)GOOGL: $26.63 million (8.4% of AUM)As of October 30, 2025, shares were priced at $17.31, up 36.19% over the year; shares have outperformed the S&P 500 by 21.30 percentage points over the past year.

Company OverviewMetricValuePrice (as of market close 2025-10-30)$17.31Market Capitalization$2.58 billionRevenue (TTM)$685.07 millionNet Income (TTM)$43.13 millionCompany SnapshotMagnite, Inc. operates at scale as a leading sell-side advertising technology provider, enabling publishers to monetize digital inventory across multiple channels. The company leverages a robust platform to connect supply and demand in the digital advertising ecosystem, focusing on high-growth segments like connected TV.

The company provides an independent sell-side advertising platform for publishers of digital media, including connected TV (CTV) channels, apps, and websites. It generates revenue primarily by facilitating and optimizing digital advertising transactions between media sellers and buyers through its technology platform.

Magnite serves publishers, advertisers, agencies, agency trading desks, and demand side platforms across the U.S. and international markets.

Foolish TakeMaestria Partners' recent sale of $6.9 million worth of Magnite stock is a move with mixed messages behind it. Here's why.

First, shares of Magnite, a leading provider of sell-side advertising technology, have performed well over the past few years. Indeed, over the last three years, Magnite shares are up 141%, equating to a compound annual growth rate (CAGR) of 34.2%. The S&P 500, on the other hand, has generated a total return of 85% over this same period, with a CAGR of 22.9%. What's more, during the third quarter of 2025, Magnite shares hit a new 52-week high of $26.52.

This performance history suggests that Maestria's sale might be profit taking, but there is another angle to consider.

Google is one of Magnite's biggest competitors, and since the recent antitrust ruling in favor of Google-parent Alphabet, shares of Magnite have plummeted. Magnite stock is down roughly 33% since the start of September, when the ruling in the Alphabet antitrust case was announced.

Therefore, it's possible that Maestria's sale came after the ruling, which could indicate a shift in sentiment.

At any rate, average investors should exercise caution with Magnite stock, given its heightened volatility in the wake of the Alphabet antitrust ruling.

Glossary13F reportable assets: Securities that institutional investment managers must disclose in quarterly SEC filings if they exceed $100 million in assets.
AUM (Assets Under Management): The total market value of investments managed by a fund or investment firm on behalf of clients.
Partial reduction: Selling only a portion of a fund’s holding in a particular security, rather than the entire position.
Alpha: A measure of an investment’s performance compared to a benchmark, showing value added or subtracted by active management.
Sell-side advertising platform: Technology that helps publishers manage, sell, and optimize their digital advertising inventory to buyers.
Digital inventory: The available ad space on digital media, such as websites, apps, or connected TV channels, that can be sold to advertisers.
Connected TV (CTV): Televisions connected to the internet, allowing streaming of digital content and targeted advertising.
Agency trading desk: Specialized teams within advertising agencies that use technology to buy and manage digital advertising campaigns for clients.
Demand side platform (DSP): Software that enables advertisers and agencies to automate the purchase of digital advertising across multiple sources.
Supply and demand in the digital advertising ecosystem: The interaction between publishers offering ad space (supply) and advertisers seeking to buy it (demand) via technology platforms.
Top holdings: The largest investments or positions held by a fund, typically ranked by market value or portfolio percentage.
TTM: The 12-month period ending with the most recent quarterly report.

On Thursday, Texas-based Outlook Wealth Advisors disclosed selling 49,831 shares of Stewart Information Services Corporation (STC 2.38%) for an estimated $3.4 million during the third quarter.

What HappenedAccording to a filing with the U.S. Securities and Exchange Commission released on Thursday, Outlook Wealth Advisors reduced its holdings in Stewart Information Services Corporation (STC 2.38%) by 49,831 shares in the third quarter. The transaction was estimated at $3.4 million based on the average share price for the period. Following the sale, the fund reported holding 49,836 shares valued at $3.7 million as of September 30.

What Else to KnowTop holdings after the filing:

NYSEMKT:IVV: $21.5 million (5.4% of AUM)NYSEMKT:BSEP: $19.6 million (4.9% of AUM) NASDAQ:QQQ: $16.2 million (4% of AUM)NYSEMKT:VTV: $14.5 million (3.6% of AUM) NYSEMKT:HYDB: $13.3 million (3.3% of AUM)As of Friday, shares of Stewart Information Services Corporation were priced at $68.27, down about 1% over the past year compared to a nearly 20% return for the S&P 500.

Company OverviewMetricValueRevenue (TTM)$2.7 billionNet income (TTM)$87.8 millionDividend yield3.1%Price (as of market close Friday)$68.27Company SnapshotStewart Information Services Corporation is a leading provider of title insurance and real estate transaction services, operating through a broad network of direct offices and independent agencies. The company's diversified offerings support both residential and commercial real estate transactions, leveraging technology and specialized services to streamline complex processes. Stewart's established market presence and comprehensive suite of solutions position it as a key partner for participants across the real estate and mortgage value chain.

Foolish TakeOutlook Wealth Advisors’ third-quarter sale of 49,831 shares of Stewart Information Services Corporation might reflect portfolio rebalancing rather than a bearish signal—especially following Stewart’s strong earnings beat last week. The Texas-based wealth advisory, known for its conservative, income-focused approach, still holds nearly $3.7 million in the title insurer, representing roughly 0.9% of reported assets.

Stewart’s third-quarter report on October 22 showed 19% year-over-year revenue growth to $797 million and net income up 47% to $44.3 million, with EPS rising to $1.55 from $1.07. The company continues to benefit from improving commercial transaction volumes and disciplined cost control—driving an adjusted pretax margin of 8.1%.

For long-term investors, the sale highlights how balanced wealth managers might trim cyclical holdings even amid improving fundamentals. Stewart’s stable cash flow, growing margins, and modest valuation suggest room for further upside if the housing recovery strengthens in 2026. But in a mixed real estate market, advisors like Outlook may prefer to redeploy capital toward diversified income assets—consistent with their broader wealth preservation strategy.

Glossary13F reportable AUM: Assets under management that must be disclosed in quarterly SEC Form 13F filings by institutional investment managers.

AUM (assets under management): The total market value of investments managed on behalf of clients by a financial institution or fund.

Title insurance: Insurance protecting real estate buyers and lenders against losses from defects in property titles or ownership disputes.

Transaction fees: Charges collected for facilitating or processing financial or real estate transactions.

Appraisal management: Oversight of the property valuation process, often coordinating independent appraisers for real estate transactions.

Online notarization: The process of notarizing documents electronically via secure online platforms, often using audio-video technology.

Ancillary services: Additional services provided alongside core offerings, such as support or value-added features related to the main business.

Direct offices: Company-owned locations that provide services directly to customers, as opposed to franchised or independent locations.

Independent agencies: Separate businesses authorized to offer a company's products or services, operating independently from the parent company.

Value chain: The full range of activities and participants involved in delivering a product or service to the end customer.

Dividend yield: Annual dividend income expressed as a percentage of the current share price.

TTM: The 12-month period ending with the most recent quarterly report.

The sizzling hydrogen stock just hit an all-time high and could keep going higher as it becomes an AI play.

Bloom Energy (BE +3.37%) hit it out of the park in October, delivering on every metric that matters and forging a multibillion-dollar partnership in the booming artificial intelligence (AI) data center market. That sent the hydrogen stock soaring, and it was trading 57% higher through the month as of this writing.

Here's all you need to know about Bloom Energy and the powerful tailwinds that are sending the stock higher and higher.

Image source: Getty Images.

3 reasons October was a magnificent month for Bloom Energy stock
October was a significant month for Bloom Energy on several big counts, and there were three massive catalysts that sent the stock zooming.

1. One megadeal, many opportunities ahead
Bloom Energy builds hydrogen fuel cell systems that can generate steady, uninterrupted, and clean energy power onsite to meet the needs of some of the largest power-consuming industries, such as utilities and semiconductor manufacturing.

Bloom Energy's fuel cell systems can be deployed within months without legacy grids, which is one of the biggest factors behind the company's expanding client list, which now includes some of the world's largest corporations.

In October, Bloom Energy forged a $5 billion partnership with global alternative asset manager Brookfield Asset Management (BAM +0.73%) to jointly build AI factories powered by Bloom Energy's fuel cell technology.

With over $1 trillion in assets under management, Brookfield Asset Management is one the largest asset managers in the world. Brookfield's choice to partner with Bloom Energy is, therefore, a strong endorsement of its hydrogen fuel cell technology and signals the massive growth potential ahead for the company.

2. Smash-hit numbers, doubling capacity
Bloom Energy's third-quarter numbers also came out in October, and they hugely impressed the markets. The company delivered its fourth straight quarter of record revenues, with Q3 revenue soaring 57% year over year. Its gross margin jumped from 23.8% to 29.2% year over year, and it turned an operating profit of $7.8 million in the quarter against an operating loss of $9.7 million in Q3 2024.

Bloom Energy also generated nearly $20 million in operating cash flow versus a negative operating cash flow of $69 million in the year-ago quarter.

If those smash-hit numbers aren't good enough, Bloom Energy confirmed that it is doubling its manufacturing capacity to two gigawatts by the end of 2026. That could potentially support 4 times its 2025 revenue.

Today's Change

(

3.37

%) $

4.31

Current Price

$

132.16

3. Analyst upgrades pouring in
Analyst upgrades are pouring in for Bloom Energy stock as the company continues to crush growth expectations and seal big contracts and collaborations. Some of the most notable upward price target revisions on the hydrogen stock are:

Susquehanna: $157 per share from $105 a share.
HSBC: $150 per share from $100 apiece.
J.P. Morgan: $129 per share from $90 a share.
BTIG: $145 per share from $80 per share.

Bloom Energy stock hit a 52-week high of $144.20 per share on Oct. 29.

Why Bloom Energy stock will not stop
There's no denying the explosive growth powering Bloom Energy and its stock price.

Its Brookfield partnership, in particular, reflects its growth runway because AI and data centers are where all the action is right now. Trillions of dollars are pouring into data center projects, and they're expected to send demand for electricity soaring. A recent study by the National Electrical Manufacturers Association foresees a 50% surge in demand for electricity in the U.S. by 2050.

Bloom Energy's client list already includes some of the largest global names across diverse industries such as technology, cloud services, consumer retail, telecom, food and beverage, manufacturing, biotech, and pharma.

I believe Bloom Energy's ability to secure large data-center customers will be its biggest growth driver in the coming years. Bloom Energy stock may have soared nearly 300% in just three months, but even this run-up could seem modest if the company continues to land big clients and expand its revenue and profits.

Sun, 2/11/2025 - 14:54

Crypto bull Tom Lee has revealed a mega Bitcoin prediction, explaining that BTC does not get capped by gold but rather pulled up by it, which remains very bullish for its price.

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

In a recent interview with Anthony Pompliano, crypto bull and Bitmine Chairman Tom Lee explains how gold helps Bitcoin's future terminal price.

Bitcoin historian Pete Rizzo shared an insight from the discussion while predicting that Bitcoin might reach $3 million. Rizzo shared a snippet of the discussion where Lee discussed Bitcoin and Ethereum's potential with respect to gold.

The Bitmine chairman explains that the recent gold rally, which saw it reach a new all-time high, remains very bullish for Bitcoin and Ethereum as gold moves first and then Bitcoin catches up. Lee added that he thinks gold is actually helping Bitcoin's future terminal price.

When asked what the fair value of Bitcoin might be if gold hits $5,000, Lee responded that if the gold market cap is divided by the number of Bitcoin, that gives $1.6 to $2 million per coin.

HOT Stories

When?Lee's projection implies the fair value of Bitcoin to be $1.6 to $2 million if it matches gold's network value at $5,000.

When asked about the time frame that it might take Bitcoin to get there, Lee responded that in the next five years, which puts this at the year 2030: "I can see that in five years for Bitcoin," adding that Bitcoin does not get capped by gold as it actually gets pulled up by it.

Lee reveals a $200,000 price projection for Bitcoin by the end of 2025, saying that the chances of Bitcoin having a huge fourth quarter remain high. "I still think it's possible for Bitcoin to hit $200,000 by the end of the year," Lee said.

The Bitmine chairman names Fed's easing as a catalyst for Bitcoin's Q4 price action. Asked about the validity of the Bitcoin four-year cycle, Lee answered: "I'm more in the camp that it's a longer cycle, but there would still be 50 plus percent draw downs in the future or there kind of cycle is broken."

At the time of writing, Bitcoin was trading at $109,986.

Related articles

FET shows impressive trajectory despite turbulent past week.

Darius Baruo
Nov 02, 2025 16:06

Ethereum is showing signs of potential recovery as its ETF inflows rise and a bullish flag pattern emerges, despite recent market downturn.

Ethereum (ETH) has been navigating turbulent waters, with its price plummeting over 20% from its peak this year, as reported by CoinMarketCap. The broader cryptocurrency market has faced similar setbacks, entering bearish territory. However, recent developments suggest a potential turnaround for Ethereum.

ETF Inflows and Bullish Patterns
Despite the recent downturn, Ethereum has formed a bullish flag pattern on its weekly chart, indicating possible upward momentum. This technical indicator is often seen as a precursor to price increases. Supporting this optimistic outlook, Ethereum's exchange-traded funds (ETFs) have seen a significant uptick in activity.

According to data from SoSoValue, spot Ethereum ETFs recorded inflows exceeding $114 million last week. This comes after a period of outflows totaling over $243 million, highlighting a renewed investor interest in Ethereum-based financial products.

Market Comparisons and Future Outlook
Interestingly, Ethereum's ETF inflows have outpaced those of Bitcoin (BTC), suggesting a shift in investor sentiment towards Ethereum. As of November 2, Ethereum was trading at $3,895, marking a 178% increase from its lowest point earlier this year. This price movement aligns with the observed bullish flag pattern, hinting at further gains.

The market's focus on Ethereum ETFs underscores a growing confidence in the token's prospects, despite the overall bearish trend. Analysts believe that the combination of technical indicators and increased ETF inflows could signal a rebound for Ethereum in the near future.

For more details on Ethereum's recent performance and ETF inflows, visit the original article on CoinMarketCap.

Image source: Shutterstock

ethereum
cryptocurrency
etf

ASTER is a rebranded derivative platform token with a max supply of 8 billion, focusing on community incentives and decentralized exchange features.Updated Nov 2, 2025, 3:19 p.m. Published Nov 2, 2025, 3:15 p.m.

DEX token ASTER surged as Binance founder Changpeng Zhao (CZ) purchased approximately 2 million of them, sending a wave of speculative demand across the market.

Investors interpreted the purchase as a signal of confidence from one of crypto’s most influential figures, and ASTER climbed nearly 20% in response.

STORY CONTINUES BELOW

The underlying project behind ASTER is a rebranded derivative platform that merged from older tokens (including APX) and relaunched with a token-generation event in September 2025. ASTER’s max supply is 8 billion tokens, with over half allocated to community incentives such as airdrops and strategic distribution.

The platform packages itself as a hybrid decentralized exchange offering perpetuals and spot trading across multiple chains, with features like hidden orders and high leverage.

CZ’s public endorsement — where he described ASTER’s launch as a “strong start” — added fuel to the rally. On-chain data cited by analysts show ASTER’s wallet amassed large sums of USDT and became one of the largest on BNB Chain outside of Binance itself.

Although the jump is real, the risk of retreat is equally tangible. High token supply, intense competition (especially from rivals like HYPE), and a narrative-heavy boost rather than clear, sustained fundamental breakthroughs mean traders should remain vigilant of price spikes.

More For You

OwlTing: Stablecoin Infrastructure for the Future

Oct 16, 2025

Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.

View Full Report

More For You

'Bitcoin's Silent IPO': Analyst Addresses BTC's Lame Price Action in Viral Weekend Essay

2 hours ago

Wildly successful ETFs, accelerating institutional adoption and friendly regulatory policy, yet bitcoin watches from the sidelines as other assets surge. What gives?

What to know:

While bitcoin didn't have an actual IPO, its recent acceptance in tradfi circles is similar and resulting in similar price action to that seen in stock IPOs, wrote Jordi Visser.It can take many months or years for the stocks of even generational companies to recover from the process of early investors cashing out their stakes, and bitcoin is proving no different.Read full story

Zach Anderson
Nov 02, 2025 16:24

Dash (DASH) experiences a parabolic rise, hitting its highest level since May 2022, driven by increased demand for privacy tokens and strategic market movements.

Dash (DASH) has experienced a significant price surge, reaching its highest point since May 2022. This upward trend is largely attributed to the growing demand for privacy-centric cryptocurrencies, according to CoinMarketCap.

Market Dynamics and Price Surge
Over recent days, Dash’s value has escalated dramatically, with the token's price climbing to $92. This marks a substantial increase from its year-to-date low of $18. Consequently, the market capitalization of Dash has surpassed $1.12 billion.

One of the primary factors contributing to this surge is the heightened interest in privacy tokens. As more investors seek digital assets that offer enhanced privacy features, Dash has emerged as a prominent choice, reflecting in its recent price performance.

Trading Volume and Market Interest
The recent rally has been accompanied by a significant increase in trading activity. The spot-market volume for Dash jumped 193%, reaching $1 billion, which is the highest level recorded in months. This surge in trading volume indicates robust market interest and investor confidence in Dash's potential.

Furthermore, futures open interest for Dash has also been on an upward trajectory, hitting a record high of $33 million. This trend suggests that market participants are increasingly optimistic about the token's future price movements.

Technical Factors Influencing Price
In addition to market demand, technical factors have also played a role in Dash's price escalation. The token has moved into the markup phase of the Elliot Wave pattern, a technical analysis framework that traders use to predict market trends. This move suggests that Dash could continue to experience upward momentum in the near term.

As the cryptocurrency market continues to evolve, the demand for privacy-focused tokens like Dash is expected to persist. Investors and analysts will be closely monitoring Dash's performance in the coming weeks to gauge whether this upward trend will sustain.

For more detailed information about this development, visit the original article on CoinMarketCap.

Image source: Shutterstock

dash
cryptocurrency
privacy tokens

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Michael Saylor has hinted at another major Bitcoin purchase, marking the firm’s 13th consecutive acquisition streak. In another development, President Donald Trump shared the details of the new U.S.-China trade deal.

Michael Saylor’s Post Suggests Upcoming Bitcoin Acquisition
Strategy founder Michael Saylor has teased another corporate Bitcoin buy in the coming week. In a post on X, the founder shared a chart of his company’s Bitcoin portfolio, now valued at $71 billion, alongside the caption, “Orange is the color of November.”

Orange is the color of November. pic.twitter.com/M3JoIuDpRk

— Michael Saylor (@saylor) November 2, 2025

The chart indicated that Strategy currently holds 640,808 BTC, purchased at an average price of $74,302 per coin. The portfolio has appreciated more than 48% since its inception. This translates into unrealized gains exceeding $23.6 billion.

Saylor has historically shared similar “orange” updates ahead of each purchase announcement. Experts note this would mark the 13th consecutive time he has signaled a Bitcoin acquisition in advance. This reinforces his consistent strategy of accumulating BTC during both rallies and downturns.

This comes after its latest purchase last Monday. Strategy acquired an additional 390 BTC, worth roughly $43 million. The firm has become the largest corporate holder of Bitcoin in the world. 

Even with changes in the market, Michael Saylor strongly supports Bitcoin’s long-term value. He often refers to it as the “digital gold” of today.

Trump’s Trade Deal with China Boosts Market Confidence
Meanwhile, global markets are reacting positively to a new U.S.-China trade deal announced by President Donald Trump. The agreement was signed during a bilateral meeting in Busan, South Korea. It seeks to ease longstanding tensions between the two economic powerhouses.

The deal includes U.S. tariff reductions, China’s commitments to curb fentanyl exports, reopening its markets to American agricultural products, and pausing restrictions on rare earth materials vital to technology manufacturing. The White House described the agreement as a “massive victory” for American workers and industries.

China has agreed to suspend all retaliatory tariffs imposed since March 4, covering U.S. exports. According to the White House, Beijing will also lift or pause all non-tariff measures imposed on the U.S.

Trump’s Asia tour also produced additional trade frameworks with Japan and South Korea and paved the way for talks with Thailand, Vietnam, and India. Following the announcement, the Bitcoin price rebounded modestly. The coin has reversed losses from the crypto market crash and is currently trading above $110,000. 

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Key NotesDash price jumped 25.84% in 24 hours, crossing $90 for the first time since 2022.Bitcoin and ZCash prices faltered as investors rotated into Dash.DashPay team’s new report spotlighted five major product upgrades fueling investor optimism.
Dash price rose 25.84% over the last 24 hours, outpacing rival privacy coins ZCash (ZEC) and Bitcoin. As of Sunday, November 2, Dash trades at $90, marking its first time above the $1 billion market cap since 2022.

Over the past month, privacy coins have witnessed a remarkable resurgence, with ZEC leading the sector until recently. After racking up more than 1,000% gains in the last two months, ZCash faced rejection from the $440 mark on Sunday, dipping 5% intraday. Meanwhile, Bitcoin price remains subdued below $111,000, consolidating amid global macroeconomic uncertainty.

Dash Price Surges 25% as Team Reports 5 Biggest Achievements
Dash’s rally followed a detailed Saturday post by the project team highlighting its five biggest milestones for 2025. The report detailed the integration of DashSpend, which now enables users to make daily purchases directly from the Dash wallet. This feature opens Dash access to hundreds of thousands of merchants globally.

Why is Dash's price doing so well this month? 🤔📈

Everyone is noticing how well Dash has been doing recently. But this wasn't an overnight success. We've been working very, very hard for years to achieve this.

Thread time! 🧵

Here are five big achievements we've had over the… pic.twitter.com/zXkDrWMu6K

— Dash (@Dashpay) November 1, 2025

Dash announced its integration into Maya Protocol, a cross-chain decentralized exchange that expands global demand for Dash. The report also mentioned the rollout of Dash Evolution, a new blockchain designed to support the introduction of usernames and smart contracts.

The timing of the rally suggests the post rekindled investor enthusiasm, drawing attention from privacy coin bulls seeking profitable plays as Bitcoin and Zcash retreated over the weekend.

Dash price hit 300% gains for 2025, on Nov 2 | Source: Coinmarketcap

Dash’s latest 25% rally to $90 on Sunday, November 2, brings its 30-day gains to 157% and year-to-date performance to over 300% for 2025, according to Coinmarketcap data.

Traders Anticipate More Gains as Dash Hits 300% Growth in 2025
Now trading at three-year peaks, Dash has drawn renewed interest from bullish traders betting on continued upside momentum.

Coinglass’ latest derivative data trends confirm this narrative. Dash’s derivatives trading volume soared 166.23% intraday to $1.37 billion, while open interest climbed 37.13% to $86.57 million. This indicates the rally is driven by a significantly larger influx of new capital, rather than merely strategic squeezes on short positions.

Dash Derivative Market Analysis | Source: Coinglass

Looking ahead, traders could be eying a move toward Dash’s all-time high price of $95 recorded in 2017. The Long/short ratio at 1.04 confirms that the majority of new Dash futures contracts deployed on Sunday were bullish.

Conversely, short-term profit-taking could prompt a pullback toward $53, the initial local high formed when its current 3-day winning run kicked off on Friday.

Investors on Alert as Best Wallet Presale Nears $17M Raise
While privacy coins continue to draw investor interest in 2025, early-stage projects with AI-powered features are also gaining traction.

Best Wallet integrates multi-chain interoperability with institutional-grade multi-signature security in its user-friendly custodial wallet.

Best Wallet Presale

Designed to challenge traditional players in the $26 billion crypto custody industry, Best Wallet introduces AI features for smart risk monitoring to help users optimize trades and manage assets in multiple chains.

The Best Wallet presale has now raised $16.8 million, reflecting strong investor confidence ahead of its public launch. Early participants can still obtain BEST tokens at $0.026 from the official website, before the next price tier unlocks.

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.

Market News

Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.

Ibrahim Ajibade on LinkedIn

In brief
Scientists say the quantum risk to Bitcoin remains a decade or more away.
New cryptography standards aim to harden systems before "Q-Day," but experts warn that Bitcoin’s governance makes upgrades slow and political.
Markets could crash on fear alone long before quantum math catches up.
Bitcoin’s quantum reckoning may still be years away, but the fear has already arrived. Breakthroughs from Google, Caltech, and IBM have reignited debate over a looming “Q-Day”—the moment when a quantum computer could shatter the cryptography securing Bitcoin and decentralized finance.

Yet experts warn that the real danger may come first from people—not equations—with panic, premature market reactions, and slow developer preparation could shake confidence long before any code actually fails.

Fear moves faster than mathIn crypto, panic spreads faster than reason. The market may run on code, but emotion still moves the price.

Yoon Auh, founder of post-quantum cryptography company BOLTS Technologies, warned that even one mistaken claim about quantum computers breaking Bitcoin could set off a chain reaction, pointing to a recent flash crash in the market last month.

“Crypto had a little flash crash,” Auh told Decrypt. “A $50 to $100 million sell-off—basically nothing in traditional markets—triggered massive losses across blockchain assets. That shows how fragile the system still is.”

Earlier this month, a single post from President Donald Trump threatening 100% tariffs on Chinese imports triggered the largest single-day crypto wipeout in history, erasing $19 billion in liquidations as Bitcoin briefly plunged below $102,000.

Auh said the same dynamic could unfold after a quantum scare: “Imagine hearing someone say, ‘[Elliptic-curve cryptography] can be broken now, maybe not instantly, but soon.’ Everyone would rush for the exit. The system would trip over itself.”

The industry has seen it before. In 2017, a false 4Chan post claiming Ethereum founder Vitalik Buterin had died erased billions in market value before traders realized it was fake. The sell-off showed how quickly trust can collapse when information outruns verification.

The quantum timeline: You are hereQuantum computers operate on principles that differ from anything in classical computing. Instead of bits that are either 0 or 1, qubits can exist in multiple states at once. When qubits become linked—a property called entanglement—they can process many possibilities simultaneously. That property makes certain kinds of math, like factoring and discrete logarithms, exponentially more efficient to solve.

In 1994, mathematician Peter Shor proved that a sufficiently powerful quantum computer could, in theory, break the encryption securing everything from credit cards to Bitcoin wallets. Bitcoin relies on elliptic-curve cryptography, or ECC, which turns private keys into public ones through equations that are easy to compute, but practically impossible to reverse.

A large-enough quantum computer could run Shor’s algorithm to invert that math, revealing the private key behind any exposed public key on the blockchain.

Bitcoin’s specific system, known as secp256k1, uses these elliptic-curve equations to generate and verify signatures. A quantum computer powerful enough to perform these calculations could recover private keys and empty wallets associated with visible public keys. A 256-bit elliptic-curve key provides roughly the same classical security as a 3,072-bit RSA key—extremely strong by today’s standards.

For now, that danger remains theoretical. The world’s largest quantum processors—IBM’s Condor with 1,121 qubits and Caltech’s neutral-atom array exceeding 6,000 qubits—are far from the millions of physical qubits needed to produce even a few thousand logical qubits for fault-tolerant computation.

Current research suggests that around 2,000 to 3,000 logical qubits would be required to break Bitcoin’s elliptic-curve encryption with Shor’s algorithm. Reaching that level will likely take another decade or more, though optimistic projections by IBM and Google place such machines in the early to mid-2030s.

“The quantum threat to cryptography is real and serious,” Edward Parker, a physicist at the RAND Corporation, told Decrypt. “Some people think quantum computers will never threaten encryption, and that might be true. But there’s enough risk that we need to prepare well ahead of time.”

That measured caution often gets twisted online, and warnings meant to spark discussion and preparation instead fuel a wave of alarmism, and exaggerated ‘quantum apocalypse’ rhetoric.

The U.S. government is already moving in that direction. A 2022 presidential directive, National Security Memorandum 10, ordered federal agencies to begin upgrading to post-quantum encryption—a rare case of long-term coordination across departments. Parker pointed to research in 2023 led by cryptographer Michele Mosca that put the median estimate for a cryptographically relevant quantum computer around 2037.

Research scientist Ian MacCormack agreed that public fear has run ahead of what the technology can actually do.

“Quantum computers are nowhere near powerful enough to break RSA-2048 or any encryption of meaningful size,” he said. “Getting the error rates down and combining thousands of qubits to do something practical will take time, money, and trial and error.”

MacCormack said the mystique of quantum computing, however, often amplifies fear.

“People hear about quantum computing and it sounds god-like or incomprehensible,” he said. “But regardless of its potential, it’s just an incredibly difficult engineering problem. Developing quantum-resistant encryption will almost certainly happen faster than building a quantum computer capable of breaking current encryption.”

Coin Metrics co-founder and Castle Island Ventures Partner Nic Carter recently called quantum computing “the biggest risk to Bitcoin.” In his essay "Bitcoin and the Quantum Problem," he notes that nearly a quarter of all Bitcoin—about 4 million coins—already sits in addresses that have exposed public keys. Those are theoretically vulnerable once practical quantum decryption arrives. Confidence in Bitcoin’s unbreakable math could fracture long before the math itself does.

Making Bitcoin quantum-resistantEven though the threat is distant, experts say the time to act is now—but it depends on broad coordination.

Rebecca Krauthamer, co-founder and CEO of post-quantum cybersecurity company QuSecure, said the next step is clear: elliptic-curve cryptography has to go.

“You’d need to replace that with one of the post-quantum standardized algorithms like ML-DSA,” she told Decrypt.

ML-DSA, short for Module Lattice-Based Digital Signature Algorithm, is a new post-quantum cryptography standard developed by the U.S. National Institute of Standards and Technology (NIST). It’s built on lattice-based math, a branch of cryptography that hides information within multidimensional grids of numbers.

Cracking those grids would require solving what’s known as the “Learning With Errors” problem—an equation so complex that even a powerful quantum computer can’t untangle it efficiently. That makes ML-DSA far more resistant to decryption than the elliptic-curve systems used in Bitcoin today.

Only a few blockchains today are truly quantum-resistant, while most are still adapting to post-quantum cryptography.

Quantum Resistant Ledger (QRL) was built for quantum safety, using the XMSS hash-based signature scheme standardized by NIST. Cellframe and Algorand use lattice-based algorithms from the NIST suite—Crystals-Dilithium, FALCON, and NTRU—allowing flexible, modular upgrades as standards evolve. IOTA relies on Winternitz one-time signatures in its “Tangle” network, protecting transactions from quantum key recovery. Nervos Network combines classical and lattice-based systems in a hybrid model that enables gradual migration to post-quantum security.

Major chains such as Bitcoin, Ethereum, Cardano, and Solana remain in transition. Ethereum’s 3.0 roadmap includes active research and testnets for post‑quantum signatures, while Bitcoin’s modular Taproot and Schnorr upgrades provide the groundwork for integrating future quantum‑safe cryptography.

That kind of upgrade is feasible, but politically complex. Bitcoin’s security model relies on network-wide consensus among miners, developers, and node operators. Any cryptographic change would require a fork, and that process takes years of discussion and testing.

“Quantum computing can sound abstract,” Krauthamer said. “But the fix is surprisingly straightforward. We already have the math. Governments are mandating quantum-safe standards, and finance will follow. The hard part is making people care before it’s urgent.”

Most experts say the safest path is gradual: add post-quantum support now through new address types or hybrid signatures, get custodians and wallets to use them for new funds, and slowly migrate older wallets. That prevents the chaos of everyone rotating keys at once—a scenario that could damage confidence faster than any real quantum attack.

Bitcoin contributors have already explored post-quantum signatures and hybrid schemes in developer forums. The challenge isn’t finding algorithms; it’s deciding when and how to deploy them.

The governance problemScott Aaronson, a computer science professor at the University of Texas at Austin, said Bitcoin’s decentralized model makes upgrades difficult.

“With Ethereum and most other chains, someone can decide to migrate to quantum-resistant crypto when it becomes urgent,” he told Decrypt. “With Bitcoin, you’d need a majority of miners to agree to a fork. And something like $100 billion worth of early coins are still protected only by ECC.”

That lack of central authority could slow adoption. A split or rushed rollout might fracture the network. Still, many Bitcoin developers argue that once a viable upgrade path exists, consensus will form around working code.

Ethereum and Solana have more flexible governance and could adapt faster. Bitcoin’s caution has protected it from bad ideas, but that same conservatism makes big changes hard to implement.

How close is Q-Day?A quantum computer powerful enough to break Bitcoin’s encryption doesn’t exist yet. Current prototypes count qubits in the thousands, but not the millions of error-corrected qubits required for stable, scalable attacks.

Late last month, Google announced a new milestone in its quantum research: Its 105-qubit “Willow” processor completed a physics simulation in just over two hours that would take the Frontier supercomputer more than three years to reproduce. The experiment used 65 active qubits across 23 circuit layers, and achieved median two-qubit gate errors near 0.0015. The result marked a verifiable quantum speed-up but posed no threat to encryption—progress, not peril.

Even researchers who view quantum computing as a long-term threat say the real danger is still years away.

“I think quantum computation has a reasonable probability—say, more than five percent—of being a major, even existential, long-term risk to Bitcoin and other cryptocurrencies,” Christopher Peikert, a professor of computer science and engineering at the University of Michigan, told Decrypt. “However, it doesn’t appear to be a real risk in the next few years. Quantum-computing technology and engineering still have too far to go before they can threaten modern cryptography.”

The harder part, Peikert added, will be performance once post-quantum systems are deployed. “Post-quantum signatures use much larger keys,” he said. “Since cryptocurrencies rely on many signatures for transactions and blocks, switching to post-quantum or hybrid signatures would significantly increase network traffic and block sizes.”

As for near-term protection, Peikert said the best mitigation is behavioral, not technological.

“In the short term, one should avoid revealing public keys on a public network until absolutely necessary, and give those keys short lifetimes,” he said. “Longer-term, core protocols should be carefully updated to incorporate post-quantum cryptography for the most important functionalities and assets.”

Express agrees that quantum computing won’t break Bitcoin anytime soon; what matters is whether the community can stay calm when it does.

Generally Intelligent NewsletterA weekly AI journey narrated by Gen, a generative AI model.

Story HighlightsThe live price of the ICP crypto is  $ 4.00374744.Internet Computer price could reach a maximum of $18.43 in 2025.The ICP price may hit a high of $66.89 by 2030.The world of Defis has been on a rollercoaster ride, with many projects making their debut in the business to mark their foothold. Projects like Internet Computer came with stupendous ideas that allowed the public to develop innovative decentralized applications.

ICP runs on the Internet Computer Protocol, offering fast, low-cost, and scalable solutions for decentralized applications. With over $15.56 million locked in DeFi, it combines the benefits of cloud services with the security and efficiency of blockchain technology.

Did you miss the bandwagon of Internet Computer’s historic price run, and have been analyzing the prospects? Look no further, as we decode the feasible ICP price prediction 2025, 2026 – 2030!

*The statistics are from press time.

CryptocurrencyInternet ComputerTokenICPPrice$4.0037 17.78% Market Cap$ 2,159,906,819.8324h Volume$ 305,033,062.5812Circulating Supply539,471,295.4214Total Supply539,471,295.4214All-Time High$ 750.7305 on 10 May 2021All-Time Low$ 2.0062 on 10 October 2025Internet Computer Price ChartTechnical AnalysisInternet Computer (ICP) is trading near $3.95, remaining under the 20-day SMA at $3.994 after recent weakness. Technicals indicate:

Key Support: $2.812 (lower Bollinger Band), $2.885 (recent low)Resistance: $3.994 (20-day SMA), $5.176 (upper Bollinger Band)Indicators: RSI at 31.25 signals strong bearish momentum, nearing an oversold region.Internet Computer Short-Term Price PredictionICP Price Prediction 2025The 2025 roadmap introduces more than 40 upgrades, from AI integration and Chain Fusion to enhanced identity features and developer tools like Caffeine and Orbit. Governance-focused initiatives, including vetKeys, aim to keep control in the hands of the community. These innovations strengthen ICP’s position, even if near-term price trends are uncertain.

Internet Computer developmental projects focusing on education, awareness, and technological prowess could escalate the cost to $18.43. However, emerging rivals, stiffer competition, and a lack of fueling initiatives could drag the price to lows of $6.63. With this, the price would conclude the year with an average trading price of $13.75.

YearPotential LowPotential AveragePotential High2025$6.63$13.75$18.43Internet Computer Mid-Term Price TargetsYearPotential Low ($)Potential Average ($)Potential High ($)202610.2417.1224.01202714.5822.4130.25Internet Computer Price Projection 2026According to our analysts, the Internet Computer price for 2026 could range between $10.24 to $24.01, and the average price of ICP could be around $17.12.

ICP Crypto Price Action 2027According to our analysts, ICP’s prediction for the year 2027 could range between $14.58 to $30.25, and the average Internet Computer coin price could be around $22.41.

Internet Computer Long-Term Price PredictionYearPotential Low ($)Potential Average ($)Potential High ($)202818.9729.4239.87202923.9937.5251.06203030.4548.6766.89Internet Computer Price Target 2028According to our analysts, Internet Computer’s forecast for the year 2028 could range between $18.97 to $39.87, and the average ICP coin price could be around $29.42.

ICP Token Price Forecast 2029According to our analysts, ICP predictions for the year 2029 could range between $23.99 to $51.06, and the average PancakeSwap price could be around $37.52.

Internet Computer Price Prediction 2030According to our analysts, ICP predictions for the year 2030 could range between $30.45 to $66.89, and the average Internet Computer price could be around $48.67.

What Does The Market Say?Firm Name202520262030Wallet Investor$18.94$23.47–priceprediction.net$21.08$32.15$156.36DigitalCoinPrice$25.37$35.91$75.80*The targets mentioned above are the average targets set by the respective firms.

Also, read Solana Price Prediction 2025, 2026 – 2030

CoinPedia’s Internet Computer Price PredictionAs per the formulated ICP price prediction by the expert panel of Coinpedia. Considering the recent developments and the planned updates as per the roadmap. The maximum price of ICP can be ~$18.5 in 2025. 

That being said, the minimum and the average cost of ICP could be around $6.63 and $13.75, respectively.

YearPotential LowPotential AveragePotential High2025$6.63$13.75$18.43CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

FAQsIs Internet Computer (ICP) a good investment?

The innovation and team behind the token are excellent. You can surely add it to your watch list, do your research, and check if it suits your portfolio.

What will the price of Internet Computer be in 2025?

The Internet Computer (ICP) price is anticipated to touch its potential high of $18.5 in 2025.

Does the ICP coin have a future?

The ICP has solid fundamentals and it has the potential to rise in the future. However, the crypto market is highly volatile, so making hard predictions is impractical. 

How high will ICP price reach by 2030?

Amid the increased adoption of AI in real-world assets, the price may reach a high of $66.89 by 2030.

Where can I buy an Internet Computer (ICP) token?

You can buy ICP from renowned exchanges like Binance, Huobi, Coinbase, etc…

Disclaimer and Risk WarningThe price predictions in this article are based on the author's personal analysis and opinions. CoinPedia does not endorse or guarantee these views. Investors should conduct independent research before making any financial decisions.

New figures reveal that mining the privacy coin zcash (ZEC) has become a serious money-maker after the digital asset's price rocketed more than 200% this month. The rally lit a fire under miners, blasting the network's hashrate straight into uncharted territory.

Michael Saylor, famed Bitcoin (CRYPTO: BTC) bull and co-founder of Strategy Inc. (NASDAQ:MSTR), recently heaped praise on Wall Street strategist Tom Lee, describing him as the most influential voice representing Ethereum (CRYPTO: ETH).

Saylor Says Lee Acting As A Bridge Between Wall Street And CryptoDuring his keynote speech at the BTC in DC event on Sept. 30, Saylor noted that Strategy's cryptocurrency treasury framework was being widely replicated, specifically mentioning BitMine Immersion Technologies Inc. (AMEX:BMNR), which Lee chairs.

“Tom Lee has emerged as probably the most visible, influential spokesperson in the entire Ethereum ecosystem in a matter of months, maybe a matter of weeks,” he said.

Saylor stressed Lee’s Wall Street background, adding that his involvement has led to the merger of Wall Street with the cryptocurrency economy.

“Capital flows because it trusts Tom Lee,” the Bitcoin bull said.

See Also: Peter Schiff: Bitcoin Depends On ‘Growing Supply Of Fools’—And Technical Analysis Says He’s Not Wrong

Movement Becoming ‘Legitimized’Saylor said that it’s a net positive when people like Lee have conversations with the early Ethereum entrepreneurs, including Vitalik Buterin.

“And what’s interesting there is that entire movement becomes commercialized, institutionalized, legitimized, rationalized, becomes a bit older, a bit more credible,” Saylor stated.

Strategy, BitMine Champion Crypto Treasury PlayBitMine, under Lee’s leadership, has become the largest Ethereum treasury company and the world's second-largest cryptocurrency treasury, with a stash of 3,236,014 ETH, valued at $12.64 billion. Seasoned investors, such as Cathie Wood and Peter Thiel, have made investments in the firm.

Saylor’s Strategy pioneered the model, with its Bitcoin treasury currently worth over a whopping $70 billion.

Price Action: At the time of writing, BTC was exchanging hands at $110,406.96, down 2.43% over the last 24 hours, according to data from Benzinga Pro. ETH was down 2,71% to $3,918 at last check.

Strategy shares fell 0.17% in after-hours trading after closing 3.26% lower at $275.36 during Wednesday’s regular session. BMNR stock fell 5.29% to $49.76.

Benzinga’s proprietary Edge Rankings show Growth as the strongest category for MSTR at 36.61/100. Find out how it compares to the BMNR Stock by clicking here.

Photo Courtesy: Dragon Claws on Shutterstock.com

Read Next: 

How This Bitcoin, Ethereum Whale Made $14M With A 100% Hit Rate
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitwise has taken another major step towards its bid to launch a US XRP spot ETF. This development follows the asset management’s achievement in launching the first-ever US Solana Spot ETF last week on the New York Stock Exchange (NYSE).

Bitwise Re-submits S-1 Form For XRP Spot ETF, Eyes Launch In 20 Days
According to Bloomberg ETF analyst Eric Balchunas, Bitwise recently filed an amendment to its S-1 registration form for the Bitwise XRP ETF. The filing, labeled Amendment No.4, includes new key details such as the exchange listing venue (NYSE) and a management fee of 0.34%. 

Balchunas describes these updates as “the last boxes to check,” indicating that Bitwise may have reached the final stage of approval. The amendment filing suggests the asset manager has completed major rounds of feedback with the SEC, with the proposed XRP Spot ETF now awaiting launch. 

Bloomberg’s James Seyffart also confirmed the development, noting that Bitwise and VanEck have joined the growing list of issuers positioning to launch new crypto-based ETFs in November. Earlier last week, Fidelity and Canary Funds had also filed similar updates for Solana-based products, while Canary additionally filed for an XRP-linked ETF.

In particular, Seyffart notes that Bitwise’s XRP Spot ETF application contains a “shorter language” than others, i.e., looking more finalized, especially with all critical data, and could now trigger the SEC’s 20-day clock. Therefore, alongside Canary’s XRP Spot ETF, the Bitwise XRP ETF could automatically launch within 20 days following no further request or changes by the SEC.

XRP Market Overview
At press time, XRP continued to trade at $2.50, reflecting a minor 0.01% decline in the last day as the asset remained in consolidation. On larger time frames, XRP form reflects bearish dominance with losses of 4.55% and 17.27% on the weekly and monthly charts, respectively. 

According to renowned market analyst Ali Martinez, XRP’s Cost Basis Distribution Heatmap identifies its immediate resistance levels at $2.80 and $3.00. Meanwhile, the next support zone is around $2.15.  Following the recent submissions by Bitwise and other asset managers, XRP looks set to join the elite league of cryptocurrencies with a US Spot ETF.

The introduction of the XRP spot ETF is expected to significantly drive institutional interest in altcoin, resulting in long-term demand and price growth. Last week, Bitwise and Grayscale launched the first set of US Solana spot ETFs, which have gained much traction as indicated by a cumulative total net inflow of $199.21 million in four trading days.

XRP trading at $2.52 on the daily chart | Source: XRPUSDT chart on Tradingview.com
Featured image from Finbold, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.

Semilore Faleti works as a crypto-journalist at Bitconist, providing the latest updates on blockchain developments, crypto regulations, and the DeFi ecosystem. He is a strong crypto enthusiast passionate about covering the growing footprint of blockchain technology in the financial world.

The price of Bitcoin closed the historically bullish month of October on a loss for the first time in seven years. While the month started in typical fashion—on a bullish tear, the intense downturn didn’t begin until October 10, when US President Donald Trump threatened new trade tariffs on China.

Now, although the United States and China seem to have found a temporary truce, the cryptocurrency market has been unable to find similar relief. In fact, the latest on-chain data suggests that US investors are still less optimistic about the digital asset market, specifically Bitcoin.

Negative Coinbase Gap Premium Coincides With Massive ETF Outflows 
In a November 1st post on social media platform X, crypto analyst Maartunn revealed that the world’s largest cryptocurrency has seen extremely low demand in the United States in recent days. The relevant indicator here is the Coinbase Premium Gap, which has entered a deep red territory in the past few days.

This on-chain metric measures the difference between the Bitcoin price on the US-based Coinbase exchange (USD pair) and the global Binance exchange (USDT pair). A positive difference indicates that the flagship cryptocurrency has a higher value on Coinbase than on Binance.

When the Coinbase Premium Gap is positive, it implies that US-based investors are purchasing Bitcoin aggressively. On the flip side, a negative Coinbase Premium Gap typically indicates heavy selling pressure for the market leader.

Source: @JA_Maartunn on X
According to data highlighted by Maartunn, this on-chain metric is back around -$80, reflecting significant selling pressure from the US institutional players. This reduced demand can be seen with the disappointing performance of the US-based spot Bitcoin exchange-traded funds (ETFs) in recent days.

Data from SoSoValue shows the Bitcoin ETFs registered a total net outflow of more than $191 million on Friday. This marked the third consecutive day of negative outflows, having seen withdrawals of nearly $500 million each on Wednesday and Thursday.

From a historical perspective, a negative Coinbase Premium Gap is often correlated with periods of sluggish or downward movement for the BTC price. Hence, with the current intense selling pressure from large US investors, it is difficult to see the premier cryptocurrency making a strong recovery in the coming days.

Bitcoin Price At A Glance
As of this writing, the price of BTC sits just above $110,200, reflecting a measly 0.9% jump in the past 24 hours. According to data from CoinGecko, the flagship cryptocurrency is down exactly 1% in the last seven days.

The price of BTC on the daily timeframe | Source: BTC chart on TradingView
Featured image by Dall-E, chart from TradingView

Alibaba Group (BABA 2.01%) is often considered the "Amazon (AMZN +9.77%) of China." It's the largest e-commerce and cloud infrastructure company in that country, but Amazon is still the world's top e-commerce and cloud infrastructure player.

When Alibaba went public in 2014, many investors were impressed by its rapid growth and its dominance of its two core markets. But over the past 10 years, its stock rose less than 120% as Amazon's shares surged nearly 650%. Let's see why Alibaba underperformed its bigger American counterpart -- and if it might catch up over the next few years.

Image source: Getty Images.

What challenges does Alibaba face?
Alibaba might seem similar to Amazon, but it operates a different business model. It still generates most of its profits from its Chinese e-commerce marketplaces. Its cloud business operates at much lower margins, while its other smaller businesses are mostly unprofitable.

But the company's two main Chinese marketplaces, Taobao and Tmall, are growing more slowly than its other lower-margin businesses. That slowdown was caused by competition, macro headwinds in China, and an antitrust crackdown on the business that barred it from locking in its merchants with exclusive deals or using aggressive loss-leading promotions. That crackdown, which occurred in 2021, caused its stock to underperform many of its industry peers over the following four years.

To offset that pressure, Alibaba has been expanding its higher-growth overseas marketplaces (including Lazada in Southeast Asia, Trendyol in Turkey, Daraz in South Asia, and AliExpress for cross-border purchases) and its Cainiao logistics business. However, it's gradually compressing its margins as it expands those unprofitable businesses.

Today's Change

(

-2.01

%) $

-3.50

Current Price

$

170.43

On the bright side, its profitable cloud business is gradually expanding again as it locks in more businesses with its Qwen large language models (LLMs) for generative artificial intelligence (AI). That expansion could offset some of the near-term pressure on its gross and operating margins.

To stabilize its business, Alibaba must strengthen Taobao and Tmall, narrow the losses across its overseas marketplaces, lock in more cloud customers as the AI market expands, and streamline its business by spinning off its noncore businesses.

Assuming it checks all those boxes, analysts expect Alibaba's revenue and EPS to appreciate at a compound annual growth rate (CAGR) of 8% and 12%, respectively, from fiscal 2025 (which ended this March) to fiscal 2028. Its high-growth days might be over, but it still looks reasonably valued at 21 times next year's earnings. Its valuations have been compressed by the persistent trade war between the U.S. and China, but a favorable trade deal could drive the bulls back to its underappreciated stock.

What challenges does Amazon face?
Unlike Alibaba, Amazon generates most of its profits from its higher-margin cloud infrastructure business, which supports the growth of its lower-margin e-commerce and retail businesses. So as long as its Amazon Web Services (AWS) cloud platform keeps growing, it can afford to keep expanding its retail business with free deliveries, steep discounts, and loss-leading perks for its Prime members.

The expansion of Prime, which serves over 240 million subscribers worldwide, further widens its moat against other offline and online retailers. Amazon has also been expanding its high-margin advertising business, which serves up promoted listings and ads across its online marketplaces, as a secondary profit engine alongside AWS.

Today's Change

(

9.77

%) $

21.77

Current Price

$

244.63

Its e-commerce business still faces plenty of competition from superstores like Walmart and aggressive Chinese challengers like PDD Holdings' Temu. But Amazon is offsetting that pressure by expanding its own third-party marketplace, automating its logistics networks, and deploying more AI tools to strengthen its customer recommendations.

As for AWS, it should continue to grow as the secular expansion of the AI market drives more companies to ramp up their spending on its cloud infrastructure services. To capitalize on the boom, it's weaving more AI features into AWS, developing its own custom AI chips, and working with the AI start-up Anthropic to build new generative AI applications. However, AWS' closest cloud competitor -- Microsoft Azure -- remains a formidable rival in the generative AI market.

From 2024 to 2027, analysts expect Amazon's revenue and EPS to achieve a CAGR of 11% and 19%, respectively. Those growth rates are still impressive, but it already trades at 30 times next year's earnings, so a lot of AI hype might already be baked into its current valuations.

The better buy: Alibaba
I've owned Amazon for a long time, and I don't plan to sell my shares anytime soon. That said, Alibaba looks like the more compelling investment at its current valuations. The market might be underestimating its ability to beat analysts' conservative estimates while overestimating Amazon's ability to surpass its rosier forecasts.

On Friday, Dallas-based Scalar Gauge Management disclosed it sold out its entire stake in Five9 (FIVN +3.94%) for an estimated $10.6 million in the third quarter.

What HappenedAccording to a Securities and Exchange Commission (SEC) filing released Friday, Scalar Gauge Management sold all of its 399,717 shares of Five9 in the third quarter. The estimated value of the shares sold was $10.6 million, calculated using the average price for the period.

What Else to KnowTop holdings after the filing:

NASDAQ:BL: $32.7 million (16.7% of AUM)NASDAQ:AVGO: $13.9 million (7.1% of AUM) NYSE:FIX: $13.2 million (6.7% of AUM) NYSE:FN: $12.8 million (6.5% of AUM)NASDAQ:AXON: $11.1 million (5.7% of AUM)As of Friday's market close, shares of Five9 were priced at $24.28, down 18% over the past year and well underperforming the S&P 500's nearly 17% gain over the same period. The position previously accounted for 6% of the fund’s AUM.

Company OverviewMetricValueRevenue (TTM)$1.1 billionNet Income (TTM)$8.8 millionPrice (as of market close Friday)$24.28One-Year Price Change(18%)Company SnapshotFive9 provides a cloud-based contact center platform offering voice, video, chat, email, and AI-powered customer engagement solutions.The company operates a subscription-based software-as-a-service (SaaS) business model.It serves customers across sectors, including financial services, healthcare, technology, and education.Five9 is a leading provider of cloud software for contact centers, enabling organizations to manage customer interactions across multiple digital and voice channels.

Foolish TakeScalar Gauge Management’s full exit from Five9 last quarter marks a clear continuation of its broader pullback from cloud software names amid compressed enterprise valuations. The sale happened alongside a liquidation of Clearwater Analytics Holdings, signaling a deliberate rotation away from mid-cap SaaS holdings.

In its most recent investor commentary, Scalar Gauge noted that software multiples have fallen well below 2022 troughs despite stronger profitability, suggesting that valuation pressure rather than fundamentals has driven much of the selloff. The firm continues to describe enterprise software as “one of the most attractive segments of the economy,” yet current positioning suggests a temporary step back in exposure while awaiting stabilization.

For long-term investors, the move reflects the broader crossroads for software valuations in 2025: While AI adoption and margin expansion remain tailwinds, selectivity is key as markets digest slowing revenue growth and shifting capital flows.

GlossaryAUM: Assets Under Management – The total market value of investments managed by a fund or investment firm.

13F: A quarterly report filed by institutional investment managers to disclose their equity holdings to the Securities and Exchange Commission (SEC).

Exited position: When an investor sells all shares of a particular holding, reducing their ownership to zero.

Stake: The amount or percentage of ownership an investor holds in a company.

TTM: The 12-month period ending with the most recent quarterly report.

Cloud-based contact center platform: Software delivered over the internet that enables organizations to manage customer communications across multiple channels.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Axon Enterprise, Comfort Systems USA, and Five9. The Motley Fool recommends BlackLine and Broadcom. The Motley Fool has a disclosure policy.

Caterpillar's NYSE: CAT stock will top $650 by year's end because its solid growth is underpinned by AI demand. That's right, Caterpillar, industrial giant that it is, is an AI play whose stock price uptrend has legs.

Quantum computing stocks have delivered astronomical returns, but the bubble talk may be premature.

Quantum computing stocks have taken Wall Street by storm. Since the start of the third quarter of 2024, investors have piled into the three pure-play quantum stocks -- IonQ (IONQ +3.67%), D-Wave Quantum (QBTS +2.63%), and Rigetti Computing (RGTI +4.04%) -- resulting in eye-popping gains for early shareholders. Rigetti has rocketed 4,330%, D-Wave surged 3,330%, and IonQ climbed 812%.

Still, these companies are developing a technology that's basically in its infancy -- think of the telegraph when Alexander Graham Bell was tinkering with the telephone. Moreover, all three stocks sport valuations that would make even the most aggressive venture capitalists blush.

Image source: Getty Images.

Are quantum computing stocks in a bubble? Let's examine the field's current state and long-term potential to determine its future direction.

The valuation reality check
IonQ leads the pack with a $22.4 billion market cap but trades at 303 times trailing sales. The company's trapped-ion technology operates on cloud platforms such as Amazon's AWS, Microsoft Azure, and Alphabet's Google Cloud. In October 2025, the company secured $2 billion in equity financing from Heights Capital Management, the largest single institutional investment in quantum computing history. With an estimated 2026 revenue of $162 million, IonQ generates the most revenue among pure plays, but that $22 billion valuation still prices in decades of explosive growth.

Today's Change

(

3.67

%) $

2.21

Current Price

$

62.38

D-Wave Quantum takes a different approach, with quantum annealing technology optimized for optimization problems. Trading at 335 times trailing sales with a $12.6 billion market cap, D-Wave already serves over 100 customers, including Volkswagen and Lockheed Martin, on real-world logistics and supply chain problems. The estimated 2026 revenue of just $38.2 million makes the valuation look particularly stretched, however.

Today's Change

(

2.63

%) $

0.95

Current Price

$

37.06

Rigetti Computing sports the most extreme valuation, at 1,111 times trailing sales. The company's $11.5 billion market cap towers over the estimated 2026 revenue of only $21.5 million. Rigetti Computing controls the full stack, from chip fabrication to cloud delivery, positioning itself as a vertically integrated quantum provider.

Today's Change

(

4.04

%) $

1.72

Current Price

$

44.24

Why this might not be 1999 all over again
These price-to-sales multiples scream bubble. But three factors distinguish quantum's current moment from classic bubble dynamics. Major technology platforms, including Nvidia, Amazon, Microsoft, and Alphabet, are building quantum teams and investing in hardware development. When hyperscalers deploy capital at scale, they're signaling conviction in near-term commercialization.

Government urgency around "Q-Day" -- when quantum computers break current encryption standards -- is also driving unprecedented funding and regulatory support. Defense agencies are treating quantum as strategic infrastructure, creating a guaranteed customer base and funding backstop that didn't exist for 1990s internet companies.

Unlike dot-com companies burning cash on Super Bowl ads, quantum companies have actual technology solving real problems today. McKinsey estimates that quantum could unlock $200 billion to $500 billion in pharmaceutical value by 2035 through drug discovery acceleration.

Battery simulations that classical computers can't handle could enable 50% higher energy density -- transforming electric vehicle economics. The revenue is tiny, but it's growing. An ocean of revenue awaits the first company to build a truly functional quantum computer.

Are quantum computing stocks in a bubble?
Partly yes. Current valuations assume a one-hundred-billion-dollar market within a decade and early movers taking outsize share. If progress stalls or classical advances close the gap, these stocks could fall hard.

There is also a rational core. At similar stages, cloud leaders and artificial intelligence (AI) infrastructure names carried rich multiples. Nvidia sustained a high valuation through long winters before results arrived. Quantum targets problems that overwhelm classical methods in chemistry, materials, and optimization, creating ocean-sized markets from scratch.

Call it speculative with real upside. It will look like a bubble if error rates do not fall, scale does not arrive, and customers do not pay. It will look justified if fault tolerance improves, useful problem sizes appear, and revenue compounds. The verdict depends on execution, not narrative.

George Budwell has positions in D-Wave Quantum, IonQ, Lockheed Martin, Microsoft, Nvidia, and Rigetti Computing. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool recommends Lockheed Martin and Volkswagen Ag and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.