Market Signal Briefing

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Tetragon has released its Monthly Factsheet for December 2025.

Net Asset Value: $3,892m Fully Diluted NAV per Share: $41.88 Share Price (TFG NA): $17.35 Monthly NAV per Share Total Return: 0.1% Monthly Return on Equity: 0.5% Most Recent Quarterly Dividend: $0.11 Dividend Yield: 2.6% Please refer to important disclosures on page three of the Monthly Factsheet.

Please click below to access the Monthly Factsheet.

December 2025 Factsheet

About Tetragon:

Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial Management LP. Find out more at www.tetragoninv.com.

Tetragon's non-voting shares are subject to restrictions on ownership by U.S. persons and are not intended for European retail investors.

Please see: https://www.tetragoninv.com/shareholders/additional-information.

Tetragon Investor Relations:
Yuko Thomas
[email protected]

Press Inquiries:
Prosek Partners
[email protected]
U.K. +44 20 3890 9193
U.S. +1 212 279 3115

This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of Tetragon have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons unless they are registered under applicable law or exempt from registration. Tetragon does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, Tetragon has not been and will not be registered under the U.S. Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. Tetragon is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act as a collective investment scheme from a designated country.    

SOURCE Tetragon Financial Group Limited

LONDON, UK / ACCESS Newswire / January 30, 2026 / In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company hereby announces that as at 30 January 2026 there were 168,728,216 ordinary shares of 1 pence each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 168,728,216.

The above figure of 168,728,216 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The Directors of the Company are responsible for the release of this announcement.

For further information visit www.guardianmetalresources.com or contact the following:

Guardian Metal Resources plc

Oliver Friesen (CEO)

Tel: +44 (0) 20 7583 8304

Cairn Financial Advisers LLP

Nominated Adviser

Sandy Jamieson/Jo Turner/Louise O'Driscoll

Tel: +44 (0) 20 7213 0880

Berenberg

Joint Broker and Financial Adviser

Jennifer Lee/Ivan Briechle

Tel: +44 (0) 20 3207 7800

Tamesis Partners LLP

Joint Broker

Charlie Bendon/Richard Greenfield

Tel: +44 (0) 20 3882 2868

Tavistock

Financial PR

Emily Moss/Josephine Clerkin

Tel: +44 (0) 7920 3150 /

+44 (0) 7788 554035

[email protected]

About Guardian Metal Resources

Guardian Metal Resources PLC (LON:GMET)(OTCQX:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the U.S.

In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company has announced plans to pursue a U.S. listing in the first half of 2026.

Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

SOURCE: Guardian Metal Resources PLC

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

NBPE Announces December Monthly NAV Estimate

Guernsey, 30 January 2026

NB Private Equity Partners (NBPE), the $1.2bn0F1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 December 2025 monthly NAV estimate.

NAV Highlights (31 December 2025)

NAV per share was $27.80 (£20.67), a USD total return of 0.5% in the monthApproximately 16% of valuation information based on 31 December 2025 private company valuations or quoted holdingsAdditional private company valuation information expected in the coming weeks and will be incorporated into future monthly NAV updates ~516k shares repurchased (~$10.9 million) in December 2025 at a weighted average discount of 24% resulting in ~$0.07 NAV per share accretion in the month$302 million of available liquidity at 31 December 2025 As of 31 December 202520253 years5 years10 yearsNAV TR (USD)*
Annualised4.5%8.4%
2.7%45.3%
7.8%166.8%
10.3%MSCI World TR (USD)*
Annualised21.6%80.3%
21.7%81.5%
12.7%231.7%
12.7%     Share price TR (GBP)*
Annualised7.5%16.3%
5.2%73.3%
11.6%243.4%
13.1%FTSE All-Share TR (GBP)*
Annualised24.0%46.5%
13.6%73.9%
11.7%123.4%
8.4% * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

Portfolio Update to 31 December 2025

NAV performance during the month primarily driven by FX and private company valuations

0.2% NAV increase ($3 million) from foreign exchange movements0.2% NAV increase ($2 million) from updated private company valuation informationImmaterial change in NAV from quoted holdings0.3% of NAV accretion from share buybacks(0.2%) NAV decrease ($3 million) attributable to expense accruals $180 million of realisations received in 2025

$22 million received during the month of December, consisting primarily of previously announced realisations and partial sales of quoted holdings Realisations from equity co-investments 57% higher than 2024Average uplift to carrying value of 17% and a 2.8x MOIC1F2 $23 million deployed in 2025. $40 million committed to two new investments in December 2025 and January 2026

Approximately $10 million committed to one new investment in December 2025 and an additional $30 million committed to one new investment in January 2026; both investments are expected to close in the coming weeksStrong pipeline of investment opportunities, especially in mid-life co-investments and co-underwrite opportunities Well positioned to take advantage of opportunities with $302 million of total liquidity at 31 December 2025

$92 million of cash and liquid investments with $210 million of undrawn credit line available Continued buybacks in December 2025

~516k shares repurchased in December 2025 at a weighted average discount of 24%; buybacks were accretive to NAV by ~$0.07 per shareIncluding buybacks through 29 January 2026, since the beginning of 2025, NBPE has repurchased ~3.3m shares ($66 million) at a weighted average discount of 26% which was accretive to NAV by ~$0.54 per share Portfolio Valuation
The fair value of NBPE’s portfolio as of 31 December 2025 was based on the following information:

16% of the portfolio was valued as of 31 December 2025 7% in public securities9% in private direct investments 84% of the portfolio was valued as of 30 September 2025 84% in private direct investments For further information, please contact:

NBPE Investor Relations        +44 (0) 20 3214 9002
Luke Mason        [email protected]  

Kaso Legg Communications        +44 (0)20 3882 6644
Charles Gorman        [email protected]
Luke Dampier
Charlotte Francis

Supplementary Information (as of 31 December 2025)

Company NameVintageLead SponsorSectorFair Value ($m)% of FVAction20203iConsumer73.26.1%Osaic2019Reverence CapitalFinancial Services69.85.8%Solenis2021Platinum EquityIndustrials65.15.4%Monroe Engineering2021AEA InvestorsIndustrials53.24.4%BeyondTrust2018Francisco PartnersTechnology / IT45.03.7%FDH Aero2024Audax GroupIndustrials43.63.6%Mariner2024Leonard Green & PartnersFinancial Services43.23.6%Business Services Company*2017Not DisclosedBusiness Services41.43.4%True Potential2022CinvenFinancial Services39.43.3%Branded Cities Network2017Shamrock CapitalCommunications / Media37.23.1%Constellation Automotive2019TDR CapitalBusiness Services36.03.0%Marquee Brands2014Neuberger BermanConsumer32.52.7%Staples2017Sycamore PartnersBusiness Services31.32.6%Auctane2021Thoma BravoTechnology / IT29.02.4%Engineering2020Renaissance Partners / Bain CapitalTechnology / IT27.22.3%GFL (NYSE: GFL)2018BC PartnersBusiness Services27.12.3%Benecon2024TA AssociatesHealthcare25.92.1%Agiliti2019THLHealthcare25.32.1%Viant2018JLL PartnersHealthcare24.22.0%AutoStore (OB.AUTO)2019THLIndustrials24.12.0%Excelitas2022AEA InvestorsIndustrials24.12.0%Kroll2020Further Global / Stone PointFinancial Services23.92.0%Fortna2017THLIndustrials21.41.8%CH Guenther2021Pritzker Private CapitalConsumer20.31.7%Addison Group2021Trilantic Capital PartnersBusiness Services19.91.7%Solace Systems2016Bridge Growth PartnersTechnology / IT19.01.6%Real Page2021Thoma BravoTechnology / IT18.81.6%Qpark2017KKRTransportation15.81.3%Renaissance Learning2018Francisco PartnersTechnology / IT15.11.3%Chemical Guys2021AEA InvestorsConsumer14.81.2%Total Top 30 Investments    $986.9 81.9% *Undisclosed company due to confidentiality provisions.

Geography% of PortfolioNorth America77%Europe23%Total Portfolio100%  Industry% of PortfolioTech, Media & Telecom20%Industrials / Industrial Technology20%Consumer / E-commerce20%Financial Services16%Business Services13%Healthcare9%Other4%Total Portfolio100%  Vintage Year% of Portfolio2016 & Earlier8%201715%201813%201914%202011%202119%20226%20232%202410%20252%Total Portfolio100% About NB Private Equity Partners Limited
NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

LEI number: 213800UJH93NH8IOFQ77

About Neuberger Berman
Neuberger is an employee-owned, private, independent investment manager founded in 1939 with approximately 3000 employees across 27 countries. The firm manages $563 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger's investment philosophy is founded on active management, fundamental research and engaged ownership. The firm is proud to be recognized for its commitment to its two constituents, clients and employees. Again in 2025, we were named Best Asset Manager for Institutional Investors in the US (Crisil Coalition Greenwich) and the #1 Best Place to Work in Money Management (Pensions & Investments, firms with more than 1,000 employees). Neuberger has no corporate parent or unaffiliated external shareholders. Visit www.nb.com for more information, including www.nb.com/disclosure-global-communications for information on awards. Data as of December 31, 2025.

1 Based on net asset value.
2 Includes unrealised value of partial realisations.

December 2025 NBPE FactsheetvF (1)

VANCOUVER, BC / ACCESS Newswire / January 30, 2026 / Troubadour Resources Inc. ("TR", "Troubadour" or the "Company") (TSXV:TR)(OTC PINK:TROUF)(FSE:2QD0) (WKN: A3DBDE) is pleased to announce that the Company has intercepted target mineralization during Phase 1 of the multi-phase drill program at its Senneville Gold-Silver-Copper property ("Senneville" or the "Property").

Phase-1 Drill Campaign Highlights:

Completed phase-1 drilling campaign was focused on the Gustav Cere showing based on the data obtained from the recently completed induced polarization (IP) surveys (see press release dated January 18, 2026).

The high-grade gold mineralization seen at the Property is hosted in quartz-carbonate-tourmaline veins along the both footwall and hanging wall of the Senneville Komatiite that bear many similarities to the gold-bearing veins of the neighboring Novador deposits.

7 drill holes totalling approximately 1,000 metres were drilled focusing on near surface targets.

Target mineralization intervals were intercepted along all seven phase-1 drilling campaign drill holes (Fig. 1)

Drill holes SV-25-002, SV-25-007, SV-25-006 and SV-25-003 intercepted the longest cumulative mineralization intervals:

SV-25-002: 57.8 metres of target mineralization was intercepted beginning at 20.14 metres downhole, with multiple intervals over 4 metres in width up to 19.35 metres.

SV-25-007: 50.6 metres of target mineralization was intercepted beginning at 2.65 metres downhole, with multiple intervals over 5 metres in width up to 21.5 metres.

SV-25-006: 44.6 metres of target mineralization was intercepted beginning at 15.01 metres downhole, with multiple intervals over 3 metres in width up to 7.4 metres.

SV-25-003: 39 metres of target mineralization was intercepted beginning at 2.65 metres downhole, with multiple intervals over 5 metres in width up to 13 metres.

The mineralization is mainly associated with quartz carbonate veins and veinlets in forms of disseminated sulfides, stringers, clusters and fracture filling within sheared and deformed lithological terrains (Fig. 2). The main mineralization hosting lithology is sheard and deformed volcanics dominantly in form of mafic volcanics (basalt) and less intermediate sequences including andesite and volcanosediments.

Figure 1 - Summary of the Mineralized Intervals Downhole the Phase-1 Drill holes

Figure 2- Forms of Mineralization intercepted along the drill holes in Phase-1

The mineralized sections of SV-25-002 dominantly including pyrite and less pyrrhotite with trace magnetite in different forms of disseminated, cluster, stringer, and fracture filling are hosted within the sequence of sheared and partially extensionally deformed mafic to intermediate volcanic and less intermediate tuff rock formations associated with quartz-carbonate vein and veinlet system and the main alteration products of chloritization, carbonatization, and less biotitization and silicification. Figure 3 illustrates the longest intercepted mineralized interval downhole this drill hole.

Figure 3 - The longest mineralized section along drillhole SV-25-002.

The mineralized sections of SV-25-007 dominantly including pyrite and less pyrrhotite in different forms of disseminated, cluster, stringer, and fracture filling are hosted within the sequence of sheared and partially extensionally deformed mafic volcanics and less intermediate intrusions and volcanoclastic rock formations associated with quartz-carbonate vein and veinlet system and the main alteration products of chloritization, carbonatization, and less silicification and biotitization. Figure 4 illustrates the longest intercepted mineralized interval downhole this drill hole.

Figure 4 - The longest mineralized section along drillhole SV-25-007.

The mineralized sections of SV-25-006 dominantly including pyrite and less pyrrhotite with some trace magnetite in different forms of disseminated, cluster, stringer, semi-massive and fracture filling are hosted within the sequence of sheared and partially extensionally deformed mafic volcanic and less intermediate volcanics, volcano sediments and intrusion rock formations associated with quartz-carbonate vein and veinlet system and also main alteration products of chloritization, carbonatization, biotitization, and less silicification and seriticization. Figure 5 illustrates the longest intercepted mineralized interval downhole this drill hole.

Figure 5 - The longest mineralized sections along drillhole SV-25-006.

The mineralized sections of SV-25-003 dominantly including pyrite and less pyrrhotite in different forms of disseminated, cluster, stringer, and fracture filling are hosted within the sequence of sheared and partially extensionally deformed mafic to intermediate volcanic, and less mafic intrusion as well intermediate volcanic and intrusion rock formations associated with quartz-carbonate vein and veinlet system and the main alteration products of chloritization, biotitization and carbonatization, and less silicification. Figure 6 illustrates the longest intercepted mineralized interval downhole this drill hole.

Figure 6 - The longest mineralized sections along drillhole SV-25-003.

Property Summary

The Property is prospective for both orogenic gold and polymetallic VMS-style mineralization and comprises 212 mineral claims totalling about 119.5 km2, located within the prolific Val d'Or Mining Camp between Probe Gold's McKenzie Break deposit (25.5 Mt grading 1.77 g/t Au, 1,452,261 ounces Inferred1) to the north and the Probe's Novador Development Project to the south (177.5 Mt grading 1.12 g/t Au, 6,405,000 ounces M&I and 30.3 Mt grading 1.59 g/t Au, 1,550,200 ounces Inferred2).

Note: Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the Company's properties.

The Company's multi-phase drill program includes 75 drill holes that have been designed based on all the available historic and recently conducted information layers including geological mapping and surveying, airborne geophysics, ground geophysics, geochemical surveys, and historic and recent drill programs' results.

The multi-phase drill program includes 5 promising target areas: Gustav Cere, Val Saint George, Contact, Vert Lake, Golden Island Fault, and Milieu Lake Batholite (Fig. 7).

Historic drilling in the 1980s (AHS series; GM41852) targeted a horizon of gold-bearing quartz veins along the footwall of the Senneville Komatiite. Recent drilling, in 2012 (SV-12-03; GM68366) and 2021(XR-21-01A; GM72154), intersected higher Au-grade drill intercepts (up to 18.75 g/t Au over 0.85 metres) along the hanging wall contact of the Senneville Komatiite, where relatively minor drilling has been focused. A third horizon of gold mineralization is suggested by the presence of visible gold in 1981 drillhole SNF-3 ("a few small pinpricks of visible gold"; GM37553) however assays are not reported for this interval.

Figure 7- Preliminary design for the 10,000m multi-phase drill program

Qualified Person

Babak V. Azar, P.Geo., géo (EGBC#62313, OGQ#10876), an independent Qualified Person as defined by the National Instrument 43-101, has reviewed and approved the technical contents of this news release.

About Troubadour Resources Inc.

Troubadour Resources Inc. is a North American mineral acquisition and exploration company focused on the development of quality critical mineral and precious metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Troubadour trades on the TSX Venture Exchange under the symbol TR, the OTC Markets under the symbol TROUF, and on the Frankfurt, Berlin and Tradegate Stock Exchanges under the symbol 2QD0/WKN:A3DBDE.

NI 43-101 Technical Evaluation Report and Mineral Resource Estimate for the McKenzie Break Property, Québec. Probe Gold Inc, Oct. 18th, 2024.

NI 43-101 Technical Report and Updated Mineral Resource Estimate for the Novador Project, Quebec. Probe Gold Inc, 18th Oct, 2024

TROUBADOUR RESOURCES INC.

Zachary Kotowych, CEO and Director

For more information, please email Zachary Kotowych at [email protected] or call (437) 855 - 4540

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

Forward-looking statements:

This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.

The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

SOURCE: Troubadour Resources Inc.

, /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following.

As per 30 January 2026 there are a total of 455,351,068 shares in AB SKF, out of which 28,918,320 shares are of Series A and 426,432,748 shares are of Series B. The number of votes in the Company amounts to 71,561,594.8.

AB SKF does not hold any own shares.

Aktiebolaget SKF
(publ)

Information in this press release contains information that AB SKF is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication on 30 January 2026 at 08:00 CET.

For further information, please contact:

Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; [email protected] 
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908 072; [email protected] 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/announcement-of-change-in-the-total-number-of-votes-in-ab-skf,c4299866

The following files are available for download:

SOURCE SKF

Coca-Cola has established a track record of success.

Coca-Cola (KO +0.51%) is a name people around the world recognize, thanks to the company's dominance in the global non-alcoholic drinks market. From the eponymous Coca-Cola to other sparkling beverages, juices, waters, and more, the company has built an empire that's delivered steady earnings growth over the years.

And this has translated into performance for the stock, with a 50% gain over the past five years. Of course, this may seem like a lackluster performance if we compare it to some of the most popular tech stocks that have climbed in the triple digits in less than a year. But it's important to keep in mind that Coca-Cola offers you a certain sense of security, making it an excellent stock to hold onto for the long term. One of the world's most famous investors has made that bet. I'm talking about Warren Buffett, who purchased shares in the late 1980s and has held on ever since.

And speaking of the famous billionaire and former chief executive officer of Berkshire Hathaway, he likely would support the following reasons for buying the stock -- because these particular elements are key to his investing strategy. Let's check out these two reasons to buy Coca-Cola stock like there's no tomorrow.

Image source: Getty Images.

1. Coca-Cola has a fantastic moat Even companies with a wonderful product must worry about the following: competition. It can take down even the most successful company or product, and that's why a player that aims to win over the long term must have a solid moat. This means a competitive advantage, and it can come in many forms -- from a strong brand to difficult-to-beat partnerships and logistics.

Two major moats for Coca-Cola are its brand strength and the business model of concentrate operations and finished product operations. Regarding brand, Coca-Cola has the name recognition that results in people going to a restaurant and asking for "a Coke" rather than a cola beverage. When consumers want such a drink, the first name that comes to mind generally is Coca-Cola.

Another element that keeps Coca-Cola in the lead is the company's manner of selling its products -- it offers them as the finished products we know well, and it also sells beverage concentrates to bottling partners worldwide that go on to sell finished products to retailers. Though finished products generally deliver stronger net operating revenue, concentrate operations favor higher profit margins -- this strikes a great balance for the company, and helps keep it closer to customers and their tastes in every region.

Today's Change

(

0.51

%) $

0.37

Current Price

$

73.43

2. Coca-Cola has proven its commitment to rewarding shareholders Investors looking for passive income often flock to Coca-Cola, and this is due to its long-standing commitment to sharing its successes with shareholders. The company is a Dividend King, meaning it's increased its dividend for more than 50 straight years.

Last February, the Coca-Cola board approved the company's 63rd consecutive annual dividend increase. Today, the beverage giant pays a dividend of $2.04, representing a dividend yield of 2.7%. That's higher than the S&P 500 dividend yield of 1.1%.

When a company commits to dividend growth for so many years, there's reason to be confident the trend will continue. This is because it shows that rewarding shareholders is a key part of the company's strategy. It's also important to note that Coca-Cola's high levels of free cash flow over time mean that it has the financial capacity to keep paying out dividends and regularly increasing payments.

Today, the S&P 500 continues to roar higher, but investors have worried about when the momentum may slow. When this eventually happens, as markets don't advance nonstop forever, dividend stocks may limit the impact on investors' portfolios. And in times of market strength, dividend stocks offer you an additional lift. That's why Coca-Cola stock is one to buy like there's no tomorrow, as it may score a win for you in any market environment.

Hyperscalers are expected to spend $500 billion on AI- related capital expenditures in 2026.

According to FactSet Research, artificial intelligence (AI) developers are set to spend $500 billion on infrastructure this year. Hyperscalers like Microsoft, Alphabet, Amazon, Meta Platforms, and OpenAI aren't slowing their AI buildouts. This means investors should be prepared to see continued acceleration in data center construction and chip procurement throughout 2026.

Below, I'll break down my top two AI semiconductor stocks for 2026 set to benefit from the infrastructure tailwinds. Spoiler alert: Nvidia didn't make the cut.

Image source: Getty Images.

1. Broadcom When it comes to data centers, Broadcom (AVGO 0.75%) is a name that often gets overshadowed by the pure-play chip designers like Nvidia or Advanced Micro Devices. Smart investors understand that discounting Broadcom's role in the AI infrastructure value chain is a big mistake, though.

Today's Change

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-2.51

Current Price

$

330.73

Think of Broadcom as the digital plumbing that keeps AI data centers up and running. While everyone else talks about GPUs, Broadcom supplies the networking gear, switches, and interconnects that keep AI workloads flowing across chip clusters.

In addition, many of the hyperscalers are exploring the idea of complementing their GPU stacks with custom architectures of their own. Broadcom helps design these custom silicon solutions with a number of high-profile developers, including Alphabet, Apple, ByteDance, and Meta.

AVGO PE Ratio (Forward) data by YCharts

Considering nearly 100% of analysts covering the stock rate it a buy, in combination with a steeply discounted valuation based on forward earnings estimates, Broadcom looks like a no-brainer opportunity to buy and hold for the ongoing AI infrastructure boom.

2. Taiwan Semiconductor Manufacturing Taiwan Semiconductor Manufacturing (TSM 0.80%) is the ultimate pick-and-shovel stock for the AI revolution. TSMC doesn't sell chips used to build generative AI applications. Instead, the company serves a much more critical role.

Nvidia, AMD, Broadcom, Micron Technology, and many more outsource their manufacturing needs to TSMC's foundry. TSMC is the largest chip manufacturer in the world in terms of revenue -- holding an estimated 70% market share.

Today's Change

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-0.80

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-2.75

Current Price

$

339.55

Over the last few years, TSMC has gone through somewhat of a renaissance. The company is no longer vulnerable to the cyclical trends that once plagued the semiconductor industry. Thanks to AI, TSMC's services are constantly in demand as hyperscalers increase their capital expenditure (capex) budgets and buy more chips.

TSM Revenue (TTM) data by YCharts

The company's revenue and profitability profile are accelerating faster than Wall Street anticipated. Perhaps even better, TSMC's management guided for further growth over the coming years as the infrastructure movement continues to unfold.

With new applications entering the market, AI workloads will continue to expand. Given these dynamics, big tech will need to ensure it has enough capacity and memory capabilities in place -- fueling further demand for both general-purpose and custom chips.

To me, TSMC might be the most underrated AI chip stock of the decade. Now looks like a great time to load up on the stock before its next growth arc comes into full bloom.

Adam Spatacco has positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Apple, FactSet Research Systems, Meta Platforms, Micron Technology, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.

January 30, 2026 02:30 ET  | Source: ArcelorMittal S.A.

30 January 2026, 08:30 CET

The Government of the Republic of Liberia and ArcelorMittal (“the Company”) have signed an amendment to the existing Mineral Development Agreement (MDA), which was yesterday ratified via the Liberian legislative process, extending the duration of the agreement to 2050, with a right to renew for a further 25 years. The agreement solidifies ArcelorMittal’s long-term mining expansion and commitment to Liberia. It also provides for the Government’s desire to make the Tokadeh to Buchanan rail corridor accessible to multiple users.

The agreement, alongside the recent inauguration of ArcelorMittal’s iron ore concentration facility at Tokadeh in Nimba County, highlights Liberia’s growing stature as a competitive and strategic hub for mineral development in West Africa. The state-of-the-art concentrator facility is one of the largest and most technologically advanced iron ore beneficiation plants in Africa.

The new concentrator forms the centrepiece of ArcelorMittal’s $1.8 billion expansion project, bringing the Company’s total investment in Liberia to $3.5 billion - the largest foreign direct investment in Liberia’s post-war economy. In addition to the concentrator, the expansion project has involved significant investment in the rail infrastructure running between Tokadeh and Buchanan, upgrades to the existing port infrastructure including construction of an additional berth at the port in Buchanan, and other infrastructure investments including two power plants.

The expansion project, which is nearing completion, will see iron ore shipments increase from historic levels of approximately 5 million tonnes per annum (mtpa) to 20 mtpa in 2026, alongside improvements in product quality to higher grade, higher value ore. The Company is also undertaking feasibility studies for further expansion of its iron ore asset beyond 20 mtpa.

The agreement makes provision for a multi-user agreement regarding the use of the rail infrastructure, where other users who wish to use this infrastructure are required to invest in its expansion in order to meet their transportation needs. ArcelorMittal is currently expanding the railway infrastructure so it can transport up to 30 million tonnes of iron ore annually, should the feasibility studies it is undertaking prove successful and a decision is taken to expand iron ore production beyond 20 mtpa. This railway capacity will be reserved for ArcelorMittal’s use.

Under the terms of the agreement ArcelorMittal will pay $200 million to the Government of Liberia for certain rights it acquires per the agreement, namely the mining rights extension and reserved access to railroad capacity the Company is investing in.  

Commenting, His Excellency President Joseph Boakai, said:

“ArcelorMittal Liberia is one of Liberia’s largest private sector investors and a leading employer in the country. I welcome this Third Agreement to the concession agreement, which will unlock a major expansion of ArcelorMittal Liberia’s operations, with production increasing to 20 million metric tonnes and projected to grow to 30 million metric tonnes. The agreement will establish an independently operated railway from October 2030, which will strengthen efficiency, promote multi-user access, and deepen the overall impact of the concession on the national economy

“The agreement will provide a significant boost to Liberia’s economy through increased employment opportunities and enhanced growth in host communities. I believe this new agreement is clear testament to Liberia’s investor friendly climate and the Government’s unwavering commitment to creating an enabling environment for businesses to thrive.”

ArcelorMittal Executive Chairman, Lakshmi Mittal, said:

“This agreement represents a defining moment for both Liberia and ArcelorMittal. I must thank President Boakai and his administration for their commitment to this partnership which will reinforce Liberia’s role in Africa’s mining sector.

“Having recently inaugurated our state-of-the-art concentrator, the agreement further cements our long-term presence and commitment to Liberia. We are proud of the positive impact we have had on the country over the last twenty years and look forward to many more years of successful partnership and shared ambition to create sustainable growth and secure long-term benefits for Liberia’s economy and people." 

ArcelorMittal has made a significant impact on the development of Liberia’s economy over the past 20 years. It currently provides direct and indirect employment for approximately 8,000 people, is one of Liberia’s largest tax contributors and has made investments in a variety of housing, healthcare and education projects.

The amended agreement will deliver greater benefits for communities near ArcelorMittal’s operations and sets the stage for transformative economic growth in Liberia. Over the next 25 years and beyond, Liberia will see a substantial rise in royalties and tax revenues due to ArcelorMittal’s significant investment and expanded iron ore production. The quadrupling of output and exports in 2026 will drive Liberian GDP and deliver wide-ranging economic benefits, including creating new opportunities for local procurement and stimulating the growth of small and medium-sized businesses nationwide.

ENDS

About ArcelorMittal

ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2024 generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).   

http://corporate.arcelormittal.com/  

ArcelorMittal Investor Relations contact informationGeneral +44 20 7543 1128 Retail +44 20 3214 2893 Bonds/Credit +33 171 921 026 Bonds/Credit +33 171 921 026  ArcelorMittal Corporate Communications contact informationPaul Weigh  Tel: +44 20 3214 2419 [email protected] 

NEW YORK, NEW YORK - NOVEMBER 30: Andy Jassy on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City. (Photo by Thos Robinson/Getty Images for The New York Times)

Getty Images for The New York Times

Amazon announced another round of layoffs as part of what CEO Andy Jassy described as an ongoing cultural reset. Tens of thousands of roles have been eliminated over the past two years as the company restructures around cloud infrastructure, AI services, and operational efficiency. Many of these jobs were white collar developer roles. Earlier this week, Amazon also announced it would shutter its Amazon Go and Fresh stores, citing its failure to create a "truly distinctive customer experience with the right economic model."

Co-founder and Chief Executive Officer of Snap Inc Evan Spiegel wears the Spectacle Augmented Reality glasses during the inauguration of the group's French headquarters in Paris on May 19, 2025. (Photo by JOEL SAGET / AFP) (Photo by JOEL SAGET/AFP via Getty Images)

AFP via Getty Images

Snap is spinning out its Specs AR glasses business into a standalone entity, separating hardware development from its core social media operations. Clearly, Snap needs to get its misguided AR glasses adventure off its books before it does even more damage to its struggling stock. After its launch to developers last year at $99/month, Spectacles will soon be offered to the public, but this whole multi year effort is clearly DOA. After a decade of significant investment, Snap has lose the war with Google’s new Android XR, Meta’s AI smartglasses, and Apple’s coming wearable AI devices, before it’s even started. Snap’s portable but bulky location-based stand-alone XR glasses are going to have a hard time competing with breakthough products on the horizon.

BEIJING, CHINA - JANUARY 26: Apple logo shows new look with horse motif at an Apple store as the Year of the Horse approaches on January 26, 2026 in Beijing, China. (Photo by Song Jiaru/VCG via Getty Images)

VCG via Getty Images

Apple is developing an AI wearable, a small pin sized device roughly comparable to an AirTag, according to reporting from MacRumors and The Verge. The device is described as a circular aluminum and glass disc with microphones, cameras, a speaker, and a physical button, designed to work with a future LLM powered version of Siri. It would rely on wireless charging and offload compute to other Apple devices and the cloud. Internally, the project is still considered experimental, with no guarantee of release, though sources point to a possible 2027 launch window. Apple’s AI pin effort lands after a series of failed or underwhelming AI first hardware launches from startups, including Humane and Rabbit, and appears deliberately conservative by comparison. Rather than positioning the device as a phone replacement, Apple is framing it as an ambient companion, tightly integrated into its existing ecosystem of iPhone, Watch, and Vision Pro. The approach reflects Apple’s broader strategy of waiting for categories to break before entering them with vertically integrated hardware, silicon, and software.

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NEW YORK, NEW YORK - MAY 05: (L-R) Heather Pegg Ive and Jony Ive attend the 2025 Met Gala Celebrating "Superfine: Tailoring Black Style" at Metropolitan Museum of Art on May 05, 2025 in New York City. (Photo by Dia Dipasupil/Getty Images)

Getty Images

OpenAI is preparing its own consumer AI hardware debut, expected later this year, following the acquisition of ormer Apple design leader Jony Ive’s company for $6 billion. While details remain scarce, the effort is widely understood as an attempt to establish a new category of AI native devices built around conversation and perception rather than apps and screens. The convergence of Apple, OpenAI, and Google around AI hardware suggests that 2026 may mark the start of a new device cycle centered on continuous AI presence.

There are two main modes of input for Walkabout Mini Golf - Pocket Edition.

Mighy Coconut

Walkabout Mini Golf developer Mighty Coconut cut roughly a quarter of its staff earlier this month, despite operating one of the most consistently successful titles on Quest. The studio also raised prices on new downloaded content courses, citing rising costs and platform pressures. If WMG, one of the most popular Quest titles, is cutting back, Meta’s VR efforts may be in worse shape than even its ugly closure of its owned studios suggest.

Debbie in BattleScar.

Nico Casavecchia, Martin Allais

French immersive studio Atlas V raised $6 million to diversify away from narrative VR toward free to play gaming and location based experiences. The studio has been responsible for some of the most popular and critically acclaimed titles in the Meta Quest store, including Spheres, Battlescar, Gloomy Eyes, Madrid Noir and Wallace and Gromit. Atlas V executives were explicit that premium narrative VR has failed to reach sufficient audience scale. The company plans to focus on experiences with clearer revenue models, including ticketed VR attractions and live installations.

This column has a companion, The AI/XR Podcast, hosted by its author, Charlie Fink, and Ted Schilowitz, former studio executive and futurist for Paramount and Fox, and Rony Abovitz, founder of Magic Leap. This week our guest is Ed Saatchi of Showrunner AI studio. We can be found on Spotify, iTunes, and YouTube.

January 30, 2026 02:50 ET  | Source: Lexicon Pharmaceuticals, Inc.

THE WOODLANDS, Texas, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) (“Lexicon”) today announced the pricing of its previously announced underwritten public offering of 32,000,000 shares of its common stock, par value $0.001. The shares of common stock being offered pursuant to the public offering are being offered at a public offering price of $1.30 per share. All of the shares are being offered by Lexicon. The gross proceeds from the public offering are expected to be $41.6 million, before deducting underwriting discounts and commissions and other offering expenses. The public offering is expected to close on or about February 2, 2026, subject to the satisfaction of customary closing conditions. In addition, Lexicon has granted the underwriters a 30-day option to purchase up to an additional 4,800,000 shares of common stock at the public offering price, less underwriting discounts and commissions.

In addition to the shares being sold in the underwritten public offering, Lexicon has agreed to sell, in a concurrent private placement for expected aggregate gross proceeds of approximately $41.1 million, (i) at a price of $1.30 per share of common stock, 22,400,000 shares of its common stock and (ii) at a price of $65.00 per share of series b convertible preferred stock (the “Series B Convertible Preferred Stock”), 184,366 shares of Series B Convertible Preferred Stock, which will be convertible into 9,218,290 shares of common stock, to an affiliate (the “Private Placement Purchaser”) of Invus, L.P., Lexicon’s largest stockholder, pursuant to its preemptive right under Lexicon’s Sixth Amended and Restated Certificate of Incorporation. The Private Placement Purchaser will also have the option, pursuant to such preemptive right, to purchase up to an additional 94,855 shares of Series B Convertible Preferred Stock, which will be convertible into 4,742,744 shares of common stock, at a price of $65.00 per share of Series B Convertible Preferred Stock, to the extent the underwriters exercise their option to purchase additional shares of common stock. In addition to its purchases pursuant to its preemptive right, the Private Placement Purchaser has also agreed to purchase an additional 182,779 shares of Series B Convertible Preferred Stock, which will be convertible into 9,138,966 shares of common stock, at a price of $65.00 per share of Series B Convertible Preferred Stock, for expected additional aggregate gross proceeds of approximately $11.9 million.

The securities being offered to the Private Placement Purchaser will not be registered under the Securities Act of 1933, as amended (the “Securities Act”). Such issuances are also scheduled to close on or about February 2, 2026, subject to the closing of the public offering and the satisfaction of certain other customary closing conditions. The closing of the underwritten public offering is not conditioned on the closing of the concurrent private placement.

Lexicon currently intends to use the net proceeds that it will receive from the proposed offering and the concurrent private placement (i) to fund the continued research and development of its drug candidates and (ii) for working capital and other general corporate purposes.

Jefferies and Piper Sandler are acting as joint book-running managers for the public offering. H.C. Wainwright & Co. is acting as lead manager for the public offering.

A shelf registration statement on Form S-3 relating to the public offering was filed with the U.S. Securities and Exchange Commission (“SEC”) on August 2, 2024 and declared effective by the SEC on August 15, 2024 (File No. 333-281208). The shares of common stock proposed to be issued in the concurrent private placement have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction in the United States, and may not be offered, pledged, sold, delivered or otherwise transferred, directly or indirectly, in the United States except pursuant to registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act and, in each case, in compliance with other applicable securities laws. A preliminary prospectus supplement and accompanying prospectus relating to the public offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov. A final prospectus supplement and accompanying prospectus will be filed with the SEC and will also be available on the SEC’s website at www.sec.gov. When available, copies of the final prospectus supplement and accompanying prospectus may also be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by e-mail at [email protected] or by telephone at (877) 821-7388; or Piper Sandler & Co., Attention: Prospectus Department, 350 North 5th Street, Suite 1000, Minneapolis, MN 55401, by telephone at (800) 747-3924, or via email at [email protected].

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale is not permitted.

About Lexicon Pharmaceuticals

Lexicon is a biopharmaceutical company with a mission of pioneering medicines that transform patients’ lives. Lexicon has a pipeline of drug candidates in discovery and clinical and preclinical development in neuropathic pain, hypertrophic cardiomyopathy (HCM), obesity, metabolism and other indications.

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements, including, without limitation, statements about the completion and timing of the offering, the use of proceeds from the offering and the grant of the option to the underwriters and the private placement purchaser to purchase additional shares, are based on management’s current assumptions and expectations and involve risks, uncertainties and other important factors, specifically including Lexicon’s ability to meet its capital requirements, obtain patent protection for its discoveries and establish strategic alliances, as well as additional factors relating to manufacturing, intellectual property rights, and the therapeutic or commercial value of its drug candidates. Any of these risks, uncertainties and other factors may cause Lexicon’s actual results to be materially different from any future results expressed or implied by such forward-looking statements. Information identifying such important factors is contained under “Risk Factors” in Lexicon’s Annual Report on Form 10-K for the year ended December 31, 2024, and our subsequently filed Quarterly Reports on Form 10-Q for the quarter ended March 31, 2025, the quarter ended June 30, 2025 and the quarter ended September 30, 2025 and other subsequent disclosure documents filed with the SEC. Lexicon undertakes no obligation to update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For Investor and Media Inquiries:
Lisa DeFrancesco
Lexicon Pharmaceuticals, Inc.
[email protected]

Registration Statement

Lexicon has filed a registration statement (including a prospectus) with the SEC for the equity offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement and the accompanying prospectus in that registration statement and other documents Lexicon has filed with the SEC for more complete information about Lexicon and the equity offering. You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus may also be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by e-mail at [email protected] or by telephone at (877) 821-7388; or Piper Sandler & Co., Attention: Prospectus Department, 350 North 5th Street, Suite 1000, Minneapolis, MN 55401, by telephone at (800) 747-3924, or via email at [email protected].

Q2: 2026-01-29 Earnings SummaryEPS of $6.20 beats by $2.66

 |

Revenue of

$3.03B

(61.25% Y/Y)

beats by $337.01M

Sandisk Corporation (SNDK) Q2 2026 Earnings Call January 29, 2026 4:30 PM EST

Company Participants

Ivan Donaldson - Vice President of Investor Relations
David V. Goeckeler - Chairman & CEO
Luis Visoso - Executive VP & CFO

Conference Call Participants

Mark Newman - Bernstein Institutional Services LLC, Research Division
Joseph Moore - Morgan Stanley, Research Division
Christopher Muse - Cantor Fitzgerald & Co., Research Division
James Schneider - Goldman Sachs Group, Inc., Research Division
Mehdi Hosseini - Susquehanna Financial Group, LLLP, Research Division
Ruplu Bhattacharya - BofA Securities, Research Division
Vijay Rakesh - Mizuho Securities USA LLC, Research Division
Karl Ackerman - BNP Paribas, Research Division
Michael Tsvetanov - Wells Fargo Securities, LLC, Research Division
Asiya Merchant - Citigroup Inc., Research Division
Matthew Pan - Barclays Bank PLC, Research Division
Blayne Curtis - Jefferies LLC, Research Division

Presentation

Operator

Good day, and welcome to the Sandisk Second Quarter Fiscal 2026 Earnings Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Ivan Donaldson, Head of Investor Relations. Please go ahead.

Ivan Donaldson
Vice President of Investor Relations

Before we begin, please note that today's discussion will contain forward-looking statements based on management's current assumptions and expectations, which are subject to various risks and uncertainties. These forward-looking statements include expectations for our technology and product portfolio, our business plans and performance, market trends and opportunities and our future financial results.

We assume no obligation to update these statements. Please refer to our annual report on Form 10-K and our other filings with the SEC for more information on the risks and uncertainties that could cause actual results to differ materially from expectations.

We will also make references to non-GAAP financial measures today. Reconciliations between the non-GAAP and comparable GAAP financial measures are included in written materials posted in the Investor Relations section of

Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF, FRA:1UJ0) on Friday gave investors a project update, across both its UK and US portfolio, and highlighted that a programme focussed on costs and efficiencies is expected to deliver improved net cash flow.

In the UK, the company said its Wressle field in Lincolnshire remains one of the most productive conventional oilfields in the country. Average gross production during January 2026 was about 267 barrels of oil per day (on full production days, the range is between 267 and 339 bopd).

Union Jack said site upgrades and facility improvements at Wressle are continuing. It said the work is aimed at improving efficiency, optimising production and eliminating routine flaring. It also referenced 2P reserves of over 2.3 million barrels of oil equivalent, based on ERCE’s competent persons report published in December 2023. The joint venture is awaiting regulatory approvals for planning and permit applications for the next phase of development.

At the Keddington Oilfield, in Lincolnshire, where Union Jack holds a 55% interest, the company said a major upgrade during 2025 enabled the site to return online in June, and since then more than 5,000 barrels of oil have been produced and sold. Current gross production during January is about 36 bopd, the firm noted. Union Jack also noted that planning permission is in place to drill two further wells.

At West Newton, also onshore UK, where past drilling programmes have yielded hydrocarbon discoveries, it cited an independent resource assessment by RPC indicating a contingent resource of 198.00 billion cubic feet of gas. Union Jack also said its technical team has identified additional targets indicating prospective gas resources in an untested formation. The operator, Rathlin Energy, has a 2026 work programme planned, subject to receipt of regulatory consents.

In the US, meanwhile, Union Jack highlighted that since late 2023 it has acquired ownership interests in drilling, development and production projects in Oklahoma. It has formed a drilling partnership with Reach Oil and Gas and built a mineral royalty portfolio in the Permian Basin, Bakken Shale and Eagle Ford Shale.

Today, Union Jack said its Oklahoma activities with Reach remain cash flow positive, and that's expected to persist even through the low oil price scenarios that the sector is experiencing.

At Moccasin 1-13, where Union Jack has a 45% interest, the company said the well encountered hydrocarbons in three zones. The 1st Wilcox Sand was perforated and production was established last February. Union Jack said the well has produced about 18,000 barrels and is currently producing around 50 bopd. It said the Red Fork and Bartlesville sands remain “behind pipe” for potential perforation at a later date. Union Jack also said it has purchased 3D seismic over the prospect area and mapping is underway.

Union Jack said the Crossroads well is now scheduled to be drilled in Q1 2026 following regulatory delays. It described Crossroads as a structural prospect mapped from 3D seismic. The main objective is oil in the middle Ordovician Oil Creek Sand. Union Jack cited a potential of up to 1.80 million barrels of oil and a success case NPV10% of US$11.00 million based on a US$60 per barrel oil price.

At Taylor 1-16, Union Jack said the Cromwell formation was perforated and returned oil that has been sold to the market. It said a nitrogen foam treatment is scheduled in Q1 to enhance production. Union Jack described nitrogen foam as a stimulation technique used in sandstone reservoirs that combines liquid nitrogen with a small volume of water and surfactant to create a stable foam that carries proppant into induced fractures.

At Andrews Field, comprising the Andrews 1-17 and 2-17 wells, Union Jack said production is in excess of 100 thousand cubic feet of gas per day plus a small amount of oil sold to market. It said cumulative production is over 100 million cubic feet of gas and more than 10,000 barrels of oil.

Executive chairman David Bramhill said the Oklahoma portfolio "holds serious upside potential" and that management looks forward with positive anticipation to upcoming results at the Taylor and Crossroads properties.

"In light of the current oil price environment, a programme focused on costs and efficiencies is being implemented that is expected to improve net cash flow at the corporate level going forward," Bramhill highlighted.

He added: "The potential revenues from an expansion at Wressle and a development at West Newton are expected to be material to the Company.  I have no doubt that the current attitude towards fossil fuels will change for the better in the UK and it is a waiting game for the significant commercial and strategic costs of the energy transition to become evident compared to the many merits of maintaining and encouraging domestic oil and gas production."

Why Trust CoinGape

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The crypto market crash wipes out over $240 billion, with the total market cap tumbling from $3.04 trillion to $2.80 trillion. Massive liquidations across Bitcoin (BTC), Ethereum (ETH), XRP, BNB, Solana (SOL), HYPE, and other altcoins, including GOLD and SILVER perpetuals erase all recent gains.

Bitcoin price breaks multiple key support levels and plunges more than 7% to $81,087 lows today. On the other hand, ETH price fell 8% to a 24-hour low of $2,689. The Crypto Fear & Greed Index hit “extreme fear” levels of 16, echoing past deleveraging events.

Meanwhile, top altcoins XRP, BNB, SOL, DOGE, Cardano (ADA), and HYPE fell 6-10% over the past 24 hours. AI coins led the crypto market crash, with Worldcoin (WLD) price tanking more than 13%.

Reasons Behind Bitcoin, Gold, Crypto Market Crash Earlier this week, CoinGape alerted about Bitcoin price crash to $81k. Multiple factors, including falling stablecoin liquidity, US Fed hawkish outlook, macro stress, geopolitical tensions, spot ETF outflows, and crypto options expiry, have resulted in a massive crypto market crash.

However, this isn’t isolated to the crypto market and appears to be a broader global market crash, with assets like stocks, gold, and silver, as well as leveraged positions, getting hit hard.

BREAKING: Gold futures fall -$300/oz in 2 hours and officially drop back below $5,200/oz.

Volatility in gold markets is at 2008 levels. pic.twitter.com/vK48mGChmR

— The Kobeissi Letter (@KobeissiLetter) January 30, 2026

Gold, silver, copper, and other metals all fell sharply as investors locked in profits after a strong rally to record highs. The geopolitical tensions related to Iran become intense as reports claim President Donald Trump is weighing new military options for Iran, including raids inside the country.

President Donald Trump said on Thursday he planned nuclear talks with Iran, even as the U.S. dispatched another warship to the Middle East. Meanwhile, Iranian authorities say they are preparing for a war amid the US pressures.

Trump to Nominate Kevin Warsh as US Fed Chair Moreover, investors are likely disappointed as Trump prepares to nominate former Fed Governor Kevin Warsh as the next Federal Reserve chair, Bloomberg reported on January 30.

Earlier, President Trump said he would announce the new Federal Reserve Chair “tomorrow morning.” Odds for Bitcoin-friendly Kevin Warsh becoming the next Fed chair spiked to 88% on Polymarket.

Odds of Kevin Warsh as Next Fed Chair. Polymarket However, some have criticized Trump’s pick as Walsh urged for short-term rate cuts but tighter liquidity. This is bad for crypto that rises on Fed expansion, causing a crypto market crash.

Massive Liquidations Ahead of $10 Billion in Bitcoin and ETH Options Expiry CoinGlass data shows almost $2 billion liquidated from leading crypto assets in 2 days. More than 267K traders were liquidated in the last 24 hours, with the largest single liquidation order of BTC-USDT of $80.57 million happening on HTX.

In the past 24 hours, almost $1.7 billion in long and more than $200 million in short positions were liquidated. Notably, $766 million in long positions were liquidated in just an hour, turning the market sentiment bearish.

BTC, ETH, XRP, SOL, XYZ: SILVER, XYZ: GOLD perpetual, HYPE, XAU, DOGE, SUI, ZEC, and ADA were the most liquidated in the past 24 hours.

Crypto Liquidations Per Hour. Source: Coinglass As CoinGape reported, crypto market selloffs have deepened BTC is consolidating with muted trading volumes and options traders leaning bearish. Notably, long-term Bitcoin holders and whales continue to liquidate their holdings.

BTC options with a notional value of $7.5 billion to expire today, with a put-call ratio of 0.50. The max pain price is at $90,000, with many options traders having already liquidated their positions.

Moreover, ETH options worth $1.2 billion to expire on Deribit, with a put-call ratio of 0.70. The max pain price is at $3,000, with traders adjusting their positions as per current market conditions.

Spot Bitcoin ETF Outflows Signal Deeper Crypto Market Crash Outflows from spot Bitcoin ETFs continue after the FED held interest rates unchanged and turned hawkish. In the last 9 trading days, spot BTC ETFs have recorded more than $2.5 billion in net outflows. The massive money outflows have triggered a crypto market crash.

Bitcoin ETFs saw a net outflow of $817.8 million on Thursday. BlackRock Bitcoin ETF (IBIT) led with $317.8 million in outflows. Spot Bitcoin ETFs by Fidelity, Bitwise, Ark 21Shares, and Grayscale also recorded outflows.

Bitcoin ETFs Net Outflow. Source: Farside Investors Meanwhile, analyst Ali Martinez has predicted $75,804 as the next level to watch as institutional investors continue to sell BTC. Bitcoin has just lost the 2-year moving average for the first time since 2022. “We’ve also lost the November 2025 lows, and are 7% away from losing the 2025 yearly low,” said analyst Joe Consorti.

Bitcoin Losses 2-Year Moving Average. Source: Joe Consorti

Binance, the world’s largest cryptocurrency exchange, has announced major plans to convert its entire $1 billion to the Secure Asset Fund for Users (SAFU) reserve from stablecoins into Bitcoin. 

This move highlights the exchange’s long-term confidence in Bitcoin and comes at a time when crypto markets remain highly volatile.

In a recent open letter to the crypto community, Binance says it plans to gradually convert the entire $1 billion Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin. The conversion is expected to be completed within 30 days of the announcement.

The SAFU was created in July 2018 after a major security breach. Since then, it has acted as an emergency safety net for users, funded through a portion of Binance’s spot trading fees. 

However, the fund has traditionally been held in stable assets to ensure quick access during crises.

An open letter to the crypto community 💛

During periods of market volatility and pressure, the impact felt across the industry is naturally also felt by Binance.

As a global industry leader, we hold ourselves to elevated standards and continually improve based on feedback from… pic.twitter.com/HvWEQYjuKZ

— Binance (@binance) January 30, 2026 Binance To Buy The Dip, When BTC Price DropsBinance exchange explained that it now views Bitcoin as the most reliable long-term store of value in the crypto ecosystem.

Therefore, to manage risk, Binance introduced a clear safeguard. If the value of the SAFU fund drops below $800 million due to Bitcoin price swings, the company will add more Bitcoin to bring the fund to $1 billion. 

This approach means Binance will buy Bitcoin during dips to maintain protection levels.

Binance Show Strong Security Track RecordThe move builds on Binance’s broader security efforts throughout 2025. During the year, the exchange helped recover $48 million across 38,648 cases of incorrect deposits. Binance also said it assisted 5.4 million users in identifying potential risks, preventing nearly $6.9 billion in scam-related losses.

In addition, Binance worked closely with global law enforcement agencies, leading to the seizure of $131 million in illicit funds.

By the end of 2025, Binance’s proof-of-reserves report showed user assets totaling $163 billion, fully backed across 45 different crypto assets.

The decision has been welcomed by many in the crypto space. Prominent Bitcoin investor Lark Davis called the move bullish, noting that converting $1 billion into Bitcoin is a major signal of confidence. 

Bullish for Bitcoin, $1B stable conversion to BTC is not chump change. And if we see bigger dumps, Binance will basically be buying together with the likes of Saylor https://t.co/OvsfonVr08

— Lark Davis (@LarkDavis) January 30, 2026 He compared Binance’s approach to the long-term Bitcoin accumulation strategy often associated with Michael Saylor.

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Bitcoin’s value relative to gold has slipped close to levels last seen nearly a decade ago, reigniting debate over the cryptocurrency’s long-term performance as a store of value.

Key Takeaways:

Bitcoin’s value against gold has fallen near 2017 levels, reviving doubts about its role as a long-term store of value. Peter Schiff says gold and silver have outperformed Bitcoin as investors seek safety. Analysts note shifting investor behavior as demand grows for assets outside government control. Economist and long-time crypto critic Peter Schiff said Bitcoin is now worth about 15.5 ounces of gold, down 57% from its 2021 peak and only around 10% above its 2017 high when measured against the precious metal.

In a post on X, Schiff argued that despite years of promotion and growing acceptance on Wall Street, Bitcoin has failed to outperform traditional safe havens.

Schiff Says Gold and Silver Outshine Bitcoin as Safe HavensHe said most current holders would have been better off owning gold or silver instead, pointing to strong gains in precious metals over the same period.

Schiff’s comments come as gold and silver continue to attract inflows amid geopolitical tensions and uncertainty over interest rate policy, while Bitcoin has struggled to regain momentum after recent pullbacks.

“Most people who now own Bitcoin would have been better off buying gold or silver instead,” he wrote.

As reported, Bitwise Chief Investment Officer Matt Hougan has said that gold’s surge past $5,000 an ounce and mounting uncertainty around US crypto legislation are shaping a critical moment for digital asset markets.

Hougan said the combination of rising demand for assets outside government control and fading confidence in near-term regulatory clarity could influence both crypto adoption and price action in the months ahead.

Bitcoin is now worth just 15.5 ounces of gold, down 57% from its 2021 high and just 10% above its 2017 high. Despite all the hype and support from Wall Street and the Trump administration, most people who now own Bitcoin would have been better off buying gold or silver instead.

— Peter Schiff (@PeterSchiff) January 29, 2026 Hougan pointed out that roughly half of gold’s dollar-denominated value has been created in just the past 20 months, despite its thousands-of-years-long history as a store of value.

He argued the move reflects the long-term effects of expansive monetary policy, rising debt levels, and currency debasement, but also a deeper shift in investor behavior.

“It shows that people no longer want to keep all of their wealth in a format that relies on the good graces of others,” Hougan wrote.

He also flagged growing uncertainty around the Clarity Act, legislation aimed at cementing a pro-crypto regulatory framework in the US.

Bitcoin Slides as Fed Caution, Geopolitics Sap Risk AppetiteBitcoin has fallen back below $89,000 after a short-lived rebound, pressured by tighter financial conditions and rising geopolitical stress that have weighed on risk assets.

According to XS.com analyst Samer Hasn, a Federal Reserve stance that remains neutral to hawkish, combined with tensions in the Middle East, has reduced demand for speculative investments across crypto markets.

Market data points to weakening conviction among traders. CoinGlass figures show crypto futures open interest is down 42% from record highs, with attempted breakouts quickly reversed by sharp sell-offs.

At the same time, capital has rotated toward traditional havens such as gold and silver, leaving digital assets struggling to attract fresh inflows as volatility persists.

With Federal Reserve Chair Jerome Powell signaling little urgency to cut rates and geopolitical risks pushing investors toward tangible assets, analysts say Bitcoin remains a higher-risk trade until either policy eases or global tensions cool.

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Posted: January 30, 2026

Tokyo-listed Metaplanet is back in the headlines. On the 29th of January 2026, the company raised ¥21 billion ($137 million) to ramp up Bitcoin [BTC] acquisitions. At the time of writing, they held 35,102 BTC.

As stated by CEO Simon Gerovich, 

“The raised capital will accelerate our Bitcoin strategy, enabling us to further expand our holdings.” 

This move reinforces Metaplanet’s strong commitment to Bitcoin, further expanding its position. While Bitcoin’s volatility is well known, the company remains fully invested. They understand the risks, yet show no signs of backing down.

Metaplanet’s $137M raise fuels Bitcoin growth Metaplanet raised ¥21 billion to expand its Bitcoin holdings.

The funds came from two sources: ¥12.2 billion through share sales at a 5% premium ($499 per share), and ¥8.8 billion via one‑year warrants issued at a 15% premium ($547 per share). This strategy builds on the company’s Bitcoin portfolio, which had already surged 568% in 2025.

The capital raise issued 24,529,000 new shares, causing a 3.54% dilution. Metaplanet believes this won’t have a significant impact, but short-term effects on shareholders are possible.

Bitcoin’s price fell below $85,000 at press time. If the decline continues, it could threaten their plan, with upcoming moves crucial to their future.

‘1% Bitcoin Club’ & more Metaplanet aimed to join the exclusive “1% Bitcoin Club” by holding a substantial amount of Bitcoin, similar to Satoshi Nakamoto, who controlled 1.1 million BTC (5% of the supply), and Michael Saylor, with 712,647 BTC (around 3.4%). These giants controlled massive chunks of the market.

With the ¥21 billion raise, Metaplanet was on track to increase its Bitcoin holdings and potentially have a say in how the market moved. 

Final Thoughts Metaplanet’s ¥21 billion raise positions the company to increase Bitcoin holdings, but with great risk. The dilution impact is real, but the company is betting that the rewards from Bitcoin will outweigh immediate shareholder concerns, especially now as it has dipped.

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Ethereum (ETH) has retested its crucial $2,800 support level for the second time this week, as the broader crypto market erases all its intraweek gains. Some market observers have weighed in on whether investors should worry about King of Altcoin’s performance.

Ethereum Plunges Amid Broader Market Crash On Thursday, global markets experienced a sharp decline, with stocks, cryptocurrencies, and even precious metals erasing over $3 trillion in market value in just a few hours.

Ethereum, the second-largest cryptocurrency by market capitalization, followed the market-wide correction, retracing 6.9% in the daily timeframe. The cryptocurrency has been hovering between $2,800 and $3,300 since the start of the year and attempted to reclaim the upper zone of this range this month.

Nonetheless, the recent geopolitical tensions and macroeconomic uncertainty have weakened the appetite for risk assets and halted the crypto market’s early January momentum.

According to Binance market data, Ethereum fell below $2,800 on Thursday morning, briefly bouncing before reaching a one-month low of $2,773. Meanwhile, the leading cryptocurrency by market capitalization, Bitcoin (BTC), saw a sharp 6.2% decline, reaching a two-month low of $83,934.

Data from CoinGlass shows that crypto liquidations over the past 24 hours surged to nearly $1 billion, with $917.17 million in leveraged positions forcibly closed at the time of writing. During this period, 223,915 traders were liquidated, and the largest single liquidation order happened on Hyperliquid, valued at $31.64 million.

Crypto Liquidations top $917 million in the past 24 hours. Source: CoinGlass Notably, more than half of the liquidations occurred in the past four hours, wiping out over $620 million since the morning. Around $422 million came from Bitcoin positions, while $160 million came from Ethereum positions.

ETH Price In ‘Endless Range’ Amid the market correction, some analysts shared their perspective on ETH’s price action. Sjuul from AltCryptoGems highlighted Ethereum’s price range in the daily chart, where the altcoin has hovered over the past two months.

According to the analyst, there isn’t a clear trend as Ethereum continues to trade within its “seemingly endless range” between $2,600 and $3,350. He suggested that investors should wait for a proper breakout above the upper boundary or a breakdown from the range lows before celebrating or worrying.

Similarly, trader EliZ affirmed that ETH’s macro perspective doesn’t show either real strength or weakness, but “an enormous, forced equilibrium” on the longer timeframes.

He pointed out that ETH “continues to move within well-defined boxes, above and below the same levels for months/years, without ever building a directionality that can be described as structural.”

Based on this, the trader asserted that without a successful move and confirmation from its key range, short-term efforts don’t signal a “change of regime. Only liquidity rotation.”

“We are not in a bullish phase, nor are we in a bearish phase. We are in a macro stalemate, where the market decides not to decide. Until we see a clean and sustained breakout of the indicated boxes …or a net loss of the same …any strong narrative is just storytelling,” he concluded.

As of this writing, Ethereum is trading at $2,798, a 5.3% decline on the weekly timeframe.

Ethereum’s performance in the one-week chart. Source: ETHUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com

$90,000 Loses Its Pull on Bitcoin as $8.8 Billion Options Expiry Approaches$8.8 billion Bitcoin and Ethereum options expiry heightens short-term price sensitivity.Bitcoin trades far below $90,000 as downside protection demand rises.Fading volatility masks growing liquidity risks and cautious trader sentiment.Roughly $8.8 billion worth of Bitcoin and Ethereum options expire today, January 30, 2026, marking the first monthly options expiry of the year.

It places renewed focus on Bitcoin’s struggle to reclaim the $90,000 level, as the pioneer crypto continues to drift further away from it.

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Options Market Signals Caution as Bitcoin Drifts Further Below $90,000The bulk of today’s exposure sits in Bitcoin options, which account for $7.54 billion in notional value, while Ethereum options make up a further $1.2 billion.

Bitcoin is currently trading at $82,761, well below its $90,000 max pain level. Despite the pullback, positioning remains structurally bullish.

Call open interest stands at 61,437 contracts, compared to 29,648 puts, pushing the put-to-call ratio (PCR) down to 0.48. Total open interest across Bitcoin options stands at 91,085 contracts, highlighting the scale of leverage and positioning ahead of expiry.

Bitcoin (BTC) Expiring Options. Source: DeribitHowever, beneath the surface, trader behavior is becoming increasingly defensive. Analysts at Deribit noted that while Bitcoin remains range-bound, demand for downside protection has risen sharply heading into expiry.

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“…demand for downside protection has ramped up, showing that traders are cautious even as positioning is still skewed bullish,” Deribit analysts said.

They added that the options expiry could amplify moves around key levels, especially around the pain zones. This assumption holds because prices tend to gravitate toward the max pain levels as options near expiry.

Ethereum reflects a similar, though slightly more balanced, setup. ETH is trading at $2,751, below its $3,000 max pain level. Total open interest in Ethereum options stands at 439,192 contracts, with call open interest at 257,721 and put open interest at 181,471. The resulting put-to-call ratio of 0.70 suggests more two-sided positioning compared to Bitcoin, but still points to caution rather than outright bearishness.

Ethereum (ETH) Expiring Options. Source: DeribitSponsored

Fading Volatility and Growing Liquidity Risks Set the Stage for January Options ExpiryAt the macro level, volatility expectations continue to fade. According to analysts at Greeks.live, implied volatility (IV) has been grinding lower, reinforcing a broader consolidation across crypto markets.

“[Today] marks the first monthly expiration date of 2026, with over 25% of options positions set to expire,” Greeks.live said.

As expected, the Federal Reserve did not cut interest rates, and with no major events on the horizon, the market remains remarkably stable, with implied volatility (IV) continuing its downward trend. Bitcoin’s price action reflects that stability.

Greeks.live noted that Bitcoin has “retreated back into its consolidation range in the latter half of the month,” with $90,000 acting as firm resistance.

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“No decisive factors appear imminent to break this stalemate,” the analysts added, suggesting that the options expiry itself may become one of the few near-term catalysts for price movement.

Still, risks are building beneath the calm surface. Greeks.live highlighted recent large-scale institutional outflows into exchanges, which have increased liquidity pressures across the crypto market.

Crypto-related US equities have also weakened, contributing to a sentiment shift that is gradually turning pessimistic. Amid broader geopolitical tensions and rising fear, uncertainty, and doubt, negative sentiment has continued to intensify.

Ahead of the Federal Reserve’s rate decision, some traders had already moved to hedge short-term volatility by purchasing downside protection, a trend that has persisted even after the central bank opted to hold rates steady.

With no clear macro catalyst on the immediate horizon, traders now appear braced for potential short-term dislocations around the options expiry, hedging against downside risk while waiting for a decisive break from Bitcoin’s $80,000 to $90,000 range.

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Representation of Bitcoin cryptocurrency in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

SINGAPORE, Jan 30 (Reuters) - Bitcoin slumped to a two-month low on Friday as speculation the next chair of the U.S. Federal Reserve might tighten up on cash ​in the financial system hit cryptocurrencies and lifted the dollar.

Cryptos are having ‌a rough time in what was once hoped to be a golden era of flows and friendly regulation under President Donald Trump, with the market-leading bitcoin losing a third of its value since striking record highs in October.

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It traded 2.5% lower ‌on Friday at $82,300, extending the previous session's drop and heading towards ​a fourth straight month of losses, its longest losing streak for eight years.

Selling gathered pace on intensifying speculation that former Federal Reserve Governor Kevin Warsh was about ‍to be anointed as Trump's pick to replace Fed Chair Jerome Powell.

Warsh has called for regime change at the central bank and wants, among other things, a smaller Fed balance sheet. Bitcoin ⁠and other cryptocurrencies have been regarded as beneficiaries of a large balance sheet, ‍having tended to rally while the Fed greased money markets with liquidity - a support for ‌speculative ‌assets.

"As you start to talk about pulling the rug out from underneath that ... all the hedges against balance sheet expansion that people have been going for - gold, crypto, obviously bonds start to sell a little bit," said Damien Boey, portfolio ⁠strategist at Wilson Asset ⁠Management in Sydney.

Ether ​also skidded to a two-month low and traded 2.9% lower at $2,735.48.

Cryptocurrencies have been struggling for direction since last year's tumble and have been left behind by big rallies in gold ‍and stocks that, on occasion, they had tracked.

Sean Dawson, head of research at Derive.xyz, a crypto options trading platform, said some correlation remains and that "fears around AI exuberance" were also a "big ​contributor" to Friday's selloff.

A 10% drop in ‍Microsoft (MSFT.O), opens new tab stock after it reported a massive AI spend but only a modest revenue beat sent a ​tremor through global markets overnight.

Reporting by Tom Westbrook and Rae Wee Editing by Shri Navaratnam

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Crypto prices today fell sharply, with Bitcoin sliding below key support levels as heavy liquidations rippled across derivatives markets.

Summary

Bitcoin and major altcoins moved lower amid heavy liquidations. Derivatives data points to leverage being flushed from the market. Sentiment dropped into extreme fear as risk-off pressure built amid macro pressures. The total crypto market cap dropped about 5% to $2.9 trillion. Bitcoin fell 5.8% over the past 24 hours to trade at $88,887 at press time, while major altcoins moved lower in tandem. Solana slid 6% to $115, Zcash dropped 8% to $33.7, and Sui fell 4.2% to $1.30.

Selling picked up sharply as prices fell. CoinGlass data showed more than $1.6 billion in positions were wiped out over the past 24 hours, a 384% increase, while total open interest slid 4.6% to $126 billion. These figures suggest that traders were cutting leverage rather than dumping spot holdings.

Market momentum also weakened, with the average relative strength index dropping into the mid-30s. Sentiment followed price lower. The Crypto Fear & Greed Index fell 10 points to 16, placing the market deep in extreme fear.

Macro pressure and leverage unwinds drive broad sell-off The pullback does not trace back to a single trigger. Rather, it shows a mix of shifting positioning and macro pressure. The first Federal Reserve first policy decision of 2026, which kept rates at 3.50%–3.75% but provided little assurance on short-term easing, shook the markets.

Powell’s focus on persistent inflation and steady economic growth cooled expectations for further rate reductions. That pressure has spilled across markets. While capital has rotated to safe haven assets like gold and silver, crypto has traded in closer sync with equities, particularly technology stocks.

At the same time, U.S.-listed spot exchange-traded funds have posted consecutive days of net outflows, removing a key source of demand that supported prices through late 2025.

Leverage amplified the impact of the move. Forced liquidations and stop-loss triggers sped up forced selling as the price slipped through technical levels, turning an orderly pullback into a sharper cascade. 

Geopolitical risks have added to the caution. Renewed tensions in the Middle East, rising discussion around U.S. government shutdown risk, and uncertainty around future regulatory direction have all contributed to a risk-off tone, even if they were not direct catalysts.

Short-term outlook and analyst views Analysts remain divided on the near-term outlook but broadly agree that market conditions are fragile. Several market watchers view the $84,000 area as a key level for Bitcoin, warning that a failure to hold could expose prior support near $80,000, with deeper downside toward the mid-$70,000s possible.

Trader Daan Crypto Trades noted on X that Bitcoin is approaching its weekly 200-day moving averages, levels that have historically attracted long-term buyers. He added that those averages continue to rise, meaning price could converge with them even if it trades sideways in the weeks ahead.

$BTC Is not extremely far off its weekly 200MA & EMA.

Throughout history, when price met these it has often been a great value area for long term buys.

Now, I am not sure when or where price will meet again, but the closer you can accumulate to these, the better value you're… pic.twitter.com/SAHLfpBIUJ

— Daan Crypto Trades (@DaanCrypto) January 29, 2026 CryptoQuant contributor XWIN Research Japan described the move as a market-wide stress test driven by overlapping shocks. The firm said Bitcoin is transitioning from the later stage of an uptrend into a corrective phase, with short-term price action becoming increasingly flow-driven.

According to the analysis, renewed U.S. shutdown risk has weighed on sentiment more than in recent years, in part because the prolonged shutdown in October 2025 left a lasting imprint on market behavior. 

On-chain data, including a drop in the Coinbase Premium Index, points to selling pressure led by U.S.-based investors rather than a synchronized global exit.

For now, analysts see a correction shaped by macro uncertainty and leverage cleanup as the base case. A stabilization in U.S.-led flows or easing political risk could shift that outlook, but until then, volatility is likely to stay elevated.

Today, gold and silver prices crashed nearly 10%, wiping out over $3 trillion in value, an amount equal to the entire crypto market cap. The sudden fall quickly spread to crypto, pulling Bitcoin down nearly 7% as leveraged positions were wiped out.

What began as a sharp sell-off in metals soon turned into a broader risk-off move, catching many traders by surprise.

Gold Prices Crash After Record RallyAccording to market data, gold prices dropped from near $5,625 to around $5,100, while silver fell from over $121 to nearly $106. This sharp move erased an estimated $3.4 trillion in notional value, marking one of the fastest reversals in precious metals history.

The fall was not triggered by fresh geopolitical news or policy changes. Instead, markets were hit by heavy profit-taking. 

Gold has surged nearly 90% in the past year, while silver climbed more than 270%, driven by central bank buying, geopolitical fears, and strong industrial demand.

Another key factor was excessive leverage. Futures markets were crowded with traders using 50x to 100x leverage. Once prices dipped slightly, margin calls kicked in, forcing liquidations and creating a chain reaction of selling.

Bitcoin Drops 7% as Crypto Liquidations SpikeThe chaos did not stop with gold & silver. The crypto market saw a sharp sell-off as Bitcoin fell nearly 7%, dropping from around $89,000 to below $82,000. Large-cap cryptocurrencies like ETH, XRP, BNB, SOL, and ADA also dropped between 6% and 10% in a single day.

According to CoinGlass, the crypto market recorded $1.68 billion in liquidations over the past 24 hours. Around 267,000 traders were forced out of positions, with long liquidations accounting for nearly 93% of the total.

At the same time, on 29 January, Bitcoin ETFs recorded heavy outflows of about $817 million, led by BlackRock, Fidelity, and Grayscale. Bitcoin ETFs have now seen outflows for eight straight days, except on January 26, when a small inflow of $6.8 million was recorded.

Stocks and Crypto-Linked Firms Also HitThe sell-off also hit equitie market too. Microsoft shares dropped about 10–11% after weak cloud growth guidance and a downgrade, pulling major indexes lower. The S&P 500 erased $780 billion, while the Nasdaq lost $760 billion intraday.

Crypto-related stocks such as Strategy, Metaplanet, and Bitmine fell between 15% and 20%, reflecting the broader risk reset.

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

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

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The end of another week is here again, and it's also the end of the month, which means a bumper batch of Bitcoin and Ether options contracts are expiring.

Around 91,000 Bitcoin options contracts will expire on Friday, Jan. 30, with a notional value of roughly $8.3 billion. This event is much larger than the rest this month because it is the last one for January.

Crypto markets have lost around $215 billion since the start of the week, as the Federal Reserve kept US interest rates steady at 3.5% to 3.75%, still much higher than its 2% target. Geopolitical tensions in the Middle East also reignited, sparking further fears.

Bitcoin Options Expiry This week’s big batch of Bitcoin options contracts has a put/call ratio of 0.54, meaning that there are more expiring calls (longs) than puts (shorts). Max pain is around $90,000, according to Coinglass, which is above current spot prices, so many will be out of the money on expiry.

Open interest (OI), or the value or number of Bitcoin options contracts yet to expire, remains highest at $100,000, which has $1.9 billion at this strike price on Deribit. There remains around over $1 billion in OI at $75,000, $80,000 and $85,000 as bearish bets mount.

Total BTC options OI across all exchanges has been climbing since the beginning of the year and is at $58 billion.

“Expiry could amplify moves around key levels, especially around the pain zones,” said Deribit, and that appears to be happening as spot markets tank.

🚨 Options Expiry Alert 🚨

At 8:00 UTC tomorrow, over $9.5B in crypto options are set to expire.$BTC: $8.27B notional | Put/Call: 0.54 | Max Pain: $90K$ETH: $1.27B notional | Put/Call: 0.74 | Max Pain: $3.1K

BTC is trading sideways just under $90K going into expiry, while… pic.twitter.com/vEXRIaIreO

— Deribit (@DeribitOfficial) January 29, 2026

You may also like: Capital Exits Crypto as Gold and S&P 500 Hit Record Highs Bitcoin Price Plunges to 6-Week Low as Liquidations Explode Amid Iran Strike Fears Super Wednesday: Will the Fed and Oil Data Trigger Massive Bitcoin Volatility? In addition to today’s batch of Bitcoin options, around 440,000 Ethereum contracts are also expiring, with a notional value of $1.3 billion, max pain at $3,100, and a put/call ratio of 0.74. Total ETH options OI across all exchanges is around $35 billion.

This brings the total notional value of crypto options expiries to around $9.6 billion.

Spot Market Outlook Crypto markets melted down during the Friday morning trading session in Asia, with total capitalization dropping below $3 trillion for the first time since mid-December. More concerning is that it has fallen to its lowest level since April, suggesting that a bear market is fully underway.

Bitcoin plunged through support, crashing 8% on the day in a fall to $81,300 at the time of writing, its lowest level since April. Ether prices tanked 9%, falling to around the $2,700 level, and the altcoins were a double-digit bloodbath.

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BTC fell deeper to nearly $81,000 late Thursday as Warsh's odds surged in betting markets. Обновлено 30 янв. 2026 г., 5:55 a.m. Опубликовано 30 янв. 2026 г., 5:46 a.m. Переведено ИИ

On Thursday, President Donald Trump said he will announce his pick for the U.S. Federal Reserve chair to replace incumbent Jerome Powell after the latter's term ends in May.

While nothing is confirmed yet, reports suggest the Trump administration is preparing to nominate Kevin Warsh, who served on the Federal Reserve Board of Governors from 2006 to 2011.

STORY CONTINUES BELOW

Warsh has occasionally praised cryptocurrencies. Yet bitcoin BTC$88 336,23 plunged late Thursday to near $81,000 lows as his odds spiked on betting sites, with some analysts now pegging him as a bearish force for the asset.

"Markets generally view a resurgence of Warsh's influence as bearish for Bitcoin, as his emphasis on monetary discipline, higher real rates, and reduced liquidity frames crypto not as a hedge against debasement but as a speculative excess that fades when easy money is withdrawn," Markus Thielen, founder of 10x Research, told CoinDesk.

Higher real interest rates mean the actual cost of borrowing money after accounting for inflation is elevated. Think of it as the "true" interest rate that hits your finances harder. When real rates are elevated, businesses and investors typically scale back exposure to risky investments such as bitcoin.

Warsh's track record is adding fuel to the fire. During the global financial crisis (GFC) that lasted from December 2007 to June 2009, Warsh repeatedly cited inflation risks even as the global economy teetered on the brink of a full-blown deflation.

For instance, in September 2008, the month when Lehman Brothers collapsed, Warsh said, "I'm still not ready to relinquish my concerns on the inflation front."

Seven months later, when the Fed's preferred inflation measure was at 0.8% and the jobless rate at 9%, he said, "I continue to be more worried about upside risks to inflation than downside risks."

Over the years, many observers have argued that Warsh's hawkishness and failure to acknowledge deflation risks exacerbated the crisis.

"From this perspective, his approach would likely have resulted in higher unemployment, slower recoveries, and greater deflation risk during the 2010s," Thielen said.

All this makes a potential Warsh pick as ironic, as the former Fed governor's hawkish record clashes sharply with Trump's reflationary, pro-risk asset playbook. Trump has repeatedly bashed Powell, often resorting to personal attacks for keeping rates elevated and killing the economy. The President has stressed the need for rapid rate cuts, calling for interest rates to be as low as 1% from the present window of 3.5%-3.7%.

Hence, several observers say Warsh is a wrong pick for the Fed that's expected to toe Trump's line.

"Kevin Warsh has been a monetary policy hawk his entire career and most importantly, during a time when the labor markets fell out of bed. His dovishness today stems from convenience. The President risks getting duped," Renaissance Macro Research said on X.

"I read the fomc transcripts during the GFC. His quotes scared me," Bloomberg's Chief U.S. Economist Ana Wong said.

Thankfully, even as Fed chair, Warsh cannot dictate rates alone, as the Board of Governors votes collectively, diluting any single voice. It remains to be seen if Trump goes ahead with Warsh.

Until then, his hawkish history may keep spooking risk assets, bolstering the dollar in the interim.

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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

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Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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XRP bulls lose $70 million as Ripple-linked token plunges 7%

49 минут назад

Traders are watching $1.74 as near-term support, with $1.79–$1.82 now the key resistance zone.

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XRP slid about 6.7 percent to trade near $1.75 as a bitcoin-led crypto selloff triggered heavy long liquidations rather than token-specific news.The breakdown below former support at $1.79 came on exceptional volume, flipping the $1.79–$1.82 zone into resistance and signaling institutional participation in the move.Traders now view $1.74–$1.75 as key short-term support, with a hold likely leading to consolidation and a break opening downside toward $1.72–$1.70.