Market Signal Briefing

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

American Eagle Outfitters (AEO - Free Report) : This company, which is a specialty retailer of casual apparel, accessories and footwear for men and women, has seen the Zacks Consensus Estimate for its current year earnings increasing 42.3% over the last 60 day.

Capital One Financial (COF - Free Report) : This company, which offers a wide range of financial products and services to consumers, small businesses, and commercial clients across the United States through its banking and non-banking subsidiaries, has seen the Zacks Consensus Estimate for its current year earnings increasing 13.4% over the last 60 days.

General Motors (GM - Free Report) : This company, which is one of the world’s largest automakers, has seen the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Crescent Energy Company (CRGY - Free Report) : This independent oil and natural gas company which acquires, explores, develops, exploits and produces crude oil and natural gas properties, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

Pebblebrook Hotel Trust (PEB - Free Report) : This internally managed hotel investment company which acquires and invests in hotel properties located primarily in large United States cities with an emphasis on the major coastal markets, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Combined Company Will Serve 4.7 Million Water and Wastewater Connections Across 17 States; Combined Water and Wastewater Rate Base of Approximately $29.3 Billion

Increases Scale, Geographic Diversity and Customer-Centric Capabilities to Deliver Best-in-Class Service to Existing and Future Customers

Merger Expected to be Accretive to American Water’s EPS in the First Year Following the Close of Transaction

American Water Expects to Maintain 7-9% Long-term EPS and DPS Growth Targets

Combined Operations to Provide Greater Long-Term Growth Opportunities for Employees

Companies to Host Joint Conference Call Today at 8:30 a.m. ET

CAMDEN, N.J. & BRYN MAWR, Pa.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) (“American Water”) and Essential Utilities, Inc. (NYSE: WTRG) (“Essential”) today announced that each company’s board of directors has unanimously approved a definitive agreement to combine in an all-stock, tax-free merger as a leading regulated U.S. water and wastewater public utility with a pro forma market capitalization of approximately $40 billion and a combined enterprise value of approximately $63 billion, based on closing stock prices as of October 24, 2025.

American Water President and Chief Executive Officer, John C. Griffith said, “This combination brings together two industry leaders united by our shared mission to provide safe, clean, reliable and affordable water and wastewater services to our customers. By joining forces with Essential, the combined company’s enhanced scale and operational efficiency will support continued investment in our critical infrastructure, enabling us to continue providing superior customer service at affordable rates. We look forward to bringing together the talented teams of both companies to help solve the many water and wastewater challenges across the country and expand our customer base.”

Essential Chairman and Chief Executive Officer, Christopher H. Franklin said, “Throughout Essential’s nearly 140-year history, we have consistently led with purpose to shape a future rooted in sustainability, innovation, resilience and best-in-class service for our customers. We are confident that the combined company will build upon our longstanding track record of delivering safe and reliable services and be better positioned to solve today’s challenges while creating a sustainable future. Together, we will have expertise, financial strength and regulatory credibility to continuously improve our infrastructure and meet the evolving needs of our customers. American Water and Essential will continue to enable our communities to thrive.”

Under the terms of the agreement, Essential shareholders will receive 0.305 shares of American Water for each share of Essential they own at the closing of the transaction. This exchange ratio implies a premium of approximately 10% to Essential shareholders based on the average of the daily volume weighted average price of each company’s common stock over the 60-trading-day period ending October 24, 2025. Upon completion of the merger, American Water shareholders will own approximately 69% and Essential shareholders will own approximately 31% of the combined company on a fully diluted basis.

Combination Provides Expansive Benefits to Key Stakeholders

Advances shared mission of delivering essential utility services. Providing safe, clean, reliable and affordable water and wastewater services will be of the utmost importance to the combined company. Management will continue to work closely with the EPA and federal, state and local officials to deliver the quality of water that customers have come to expect from American Water and Essential, while also adhering to safety and sustainability best practices.

Delivers attractive, long-term capital investment profile with ability to provide increased solutions to water and wastewater challenges across an expanded footprint. American Water expects to maintain its long-term rate base growth target of 8-9% upon the closing of the merger, positioning the company to continue to provide high quality service to customers. The combined company will continue to allocate capital to infrastructure renewal, resiliency, water quality, technology and growth projects.

Upholds commitments to employees and provides greater long-term opportunities. The combined company unites two highly skilled and experienced teams in the regulated utility space, with a greater ability to attract, develop and retain employees and create long-term opportunities for career growth. The combined company does not anticipate material changes to employee compensation or benefits as a result of the transaction. Both companies value their union partnerships, and all union contracts will continue to be honored in accordance with their current terms.

Strengthens commitment to communities, including water affordability. The combined company will remain an active member in the communities it serves, supporting customers and stakeholders with a dedicated workforce and passionate employee base. American Water and Essential each have a strong history of charitable giving, which will remain central to the combined organization. There will be no change in customer rates as a result of the merger, and American Water and Essential will be better able to maintain an average customer water bill that is affordable, supporting the economic prosperity of the more than 2,000 communities in which the combined company will operate.

Transformative Merger Driven by Compelling Strategic, Customer and Financial Rationale

Bolsters significant regulated water and wastewater utility providers. The combined company would have a water and wastewater rate base of approximately $29.3 billion1 as of the end of 2024, with approximately 4.7 million water/wastewater connections across 17 states and on 18 military installations. With a larger footprint and customer base as well as increased geographic diversity, the combined company will be well positioned to deliver operational leverage, better customer service and broader customer reach.

Supports long-term EPS and DPS growth of 7-9% for combined company. The transaction is expected to be accretive to American Water’s earnings per share in the first year following close, and the combined company expects to maintain American Water’s 7-9% earnings per share and dividend growth targets post close. Subject to market conditions and board approval, the parties expect the combined company to adopt American Water’s current dividend policy and payout target range. Both companies expect to maintain their existing dividend policies until the transaction is completed.

Creates a more resilient utility with improved credit quality and a strong balance sheet. The credit profile and metrics of the combined company are expected to remain strong, benefiting from diversified service territories and regulatory exposure, and a broader customer and revenue base. As a large-cap, regulated utility, the combined company will continue to have ready access to the equity capital markets. There is no debt issuance related to the transaction.

Includes an industry leading natural gas (LDC) utility that provides optionality to the combined company. Peoples Natural Gas is growing its rate base at a rate that exceeds 10% annually. In the five years since Essential has owned the company, it has doubled its rate base and substantially improved its risk profile. The Peoples regulated subsidiaries provided natural gas services to approximately 705,000 customers in western Pennsylvania and an additional approximately 41,000 in Kentucky as of the end of 2024.

Leadership, Board of Directors, Headquarters, Combined Company Name

Upon closing of the transaction, Mr. Griffith will serve as President and Chief Executive Officer of the combined company, and Mr. Franklin will serve as Executive Vice Chair of the board of directors of the combined company. Mr. Franklin will also serve as executive sponsor of the integration task force. David Bowler, American Water Executive Vice President and CFO, will serve as Executive Vice President and Chief Financial Officer, and all existing executive team members of American Water who report to the CEO will continue to do so post-close. Additionally, Daniel Schuller, Essential Executive Vice President and CFO, will serve as Executive Vice President and Chief Strategy Officer; Colleen Arnold, President of Essential Aqua Water, will serve as President, Regulated Operations; and Michael Huwar, President of Peoples Natural Gas, will remain President and continue to lead the natural gas business.

The combined company’s 15-member board of directors will include the 10 directors serving on American Water’s board of directors prior to the closing of the transaction, including Mr. Griffith, and five directors designated by Essential, including Mr. Franklin. Karl Kurz, independent Chair of the American Water board of directors, will continue to serve in such role after the closing of the transaction.

The combined company will be headquartered in Camden, New Jersey and Essential’s Bryn Mawr and Pittsburgh offices will each continue to maintain a strong operational presence long term. The combined company will continue to use the name “American Water.”

Non-Water and Non-Wastewater Businesses

Upon closing of the transaction, American Water plans to conduct a review of strategic alternatives for its non-water and non-wastewater businesses. No assurance can be given that any transaction or other strategic outcomes would result from the review.

Timing to Close and Approvals

The transaction is expected to close by the end of the first quarter of 2027, subject to customary closing conditions, including, among others, approval from each company’s shareholders, clearance under the Hart-Scott-Rodino Act, and regulatory approvals, including approval from the applicable public utility commissions.

Advisors

BofA Securities is serving as exclusive financial advisor to American Water, and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor.

Moelis & Company LLC is serving as exclusive financial advisor to Essential, and Gibson, Dunn & Crutcher LLP is serving as legal advisor.

Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor for both companies.

Conference Call Information

American Water and Essential will hold a joint conference call and audio webcast today at 8:30 a.m. ET to discuss the transaction.

To access the listen-only webcast and view presentation slides, please register at https://event.choruscall.com/mediaframe/webcast.html?webcastid=1LoK8iWf. At the conclusion of the call, a replay of the broadcast will be available at this link and at American Water’s and Essential’s investor relations websites for up to one year.

The live broadcast and associated presentation materials will also be available on the investor relations section of each company’s website at ir.amwater.com and essential.co/investor-relations, as well as at www.AmericanWaterEssentialUtilitiesMerger.com, a new joint website dedicated to the merger.

American Water and Essential Third Quarter 2025 Earnings Results

American Water expects to release its financial results for the third quarter of 2025 after the market closes on October 29, 2025. Presentation slides and accompanying remarks reviewing third quarter results, 2026 earnings guidance, and long-term financial targets will be posted to American Water’s investor relations website after-market on October 29, 2025.

Essential expects to release its financial results for the third quarter of 2025 following the market close on November 4, 2025. Essential will post webcast remarks and associated materials on November 5, 2025 at 9 a.m. ET.

In light of the transaction announcement, both companies will not host earnings calls or associated question and answer sessions this quarter. Both companies expect to resume their typical earnings conference calls in 2026.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

About Essential

Essential Utilities, Inc. (NYSE: WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting thousands of acres of forests and other habitats throughout our footprint.

Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across nine states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S. Learn more at www.essential.co.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements included in this communication are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words with prospective meanings such as “intend,” “plan,” “estimate,” “believe,” “anticipate,” “expect,” “predict,” “project,” “propose,” “assume,” “forecast,” “outlook,” “future,” “pending,” “goal,” “objective,” “potential,” “continue,” “seek to,” “may,” “can,” “will,” “should” and “could,” or the negative of such terms or other variations or similar expressions. Forward-looking statements may relate to, among other things: statements about the benefits of the proposed merger, including future financial and operating results; the parties’ respective plans, objectives, expectations and intentions; the expected timing and likelihood of completion of the merger and related transactions; the results of any strategic review; expected synergies of the proposed merger; the timing and result of various regulatory proceedings related to the proposed merger, and other general rate cases, filings for infrastructure surcharges and other governmental agency authorizations and proceedings, and filings to address regulatory lag; the combined company’s ability to execute its current and long-term business, operational, capital expenditures and growth plans and strategies; the amount, allocation and timing of projected capital expenditures and related funding requirements; the future impacts of increased or increasing transaction and financing costs associated with the proposed merger or otherwise, as well as inflation and interest rates; each party’s ability to finance current and projected operations, capital expenditure needs and growth initiatives by accessing the debt and equity capital markets and sources of short-term liquidity; impacts of the proposed merger on the future settlement or settlements of a party’s forward sale agreements, including potential adjustments to the forward sale price or other economic terms thereunder, and the amount of and the intended use of net proceeds from any such future settlement or settlements; the outcome and impact on other governmental and regulatory investigations; the filing of class action lawsuits and other litigation and legal proceedings related to the proposed merger; the ability to complete, and the timing and efficacy of, the design, development, implementation and improvement of technology and other strategic initiatives; each party’s ability to comply with new and changing environmental regulations; regulatory, legislative, tax policy or legal developments; and impacts that future significant tax legislation may have on each such party and on its business, results of operations, cash flows and liquidity.

These forward-looking statements are predictions based on currently available information, the parties’ current respective expectations and assumptions regarding future events that American Water Works Company, Inc. (“American Water”) and Essential Utilities, Inc. (“Essential Utilities”) believe to be reasonable. They are not, however, guarantees or assurances of any outcomes, performance or achievements, and readers are cautioned not to place undue reliance upon them. You should not regard any forward-looking statement as a representation or warranty by American Water, Essential Utilities or any other person that the expectation, plan or objective expressed in such forward-looking statement will be successfully achieved in any specified time frame, or at all. The forward-looking statements are subject to a number of estimates and assumptions, and known and unknown risks, uncertainties and other factors. Actual results may differ materially from those discussed in the forward-looking statements included in this communication as a result of the factors discussed in American Water’s Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the Securities and Exchange Commission (the “SEC”) on February 19, 2025 (available at: ir.amwater.com), Essential Utilities’ Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on February 27, 2025 (available at: essential.co), and each party’s other filings with the SEC, and additional risks and uncertainties, including with respect to (1) the parties’ ability to consummate the proposed merger pursuant to the terms of the definitive merger agreement or at all; (2) the ability to timely or at all obtain the requisite shareholder approvals with respect to each party; (3) each party’s requirement to obtain required governmental and regulatory approvals required for the proposed merger (and/or that such approvals may result in the imposition of burdensome or commercially undesirable conditions, including required dispositions, that could adversely affect the combined company or the expected benefits of the proposed merger); (4) an event, change or other circumstance that could give rise to the termination of the merger agreement; (5) the failure to satisfy or waive a condition to closing of the proposed merger on a timely basis or at all; (6) a delay in the timing to consummate the proposed merger; (7) the failure to integrate the parties’ businesses successfully; (8) the failure to fully realize cost savings and any other synergies from the proposed merger or that such benefits may take longer to realize than expected; (9) negative or adverse impacts of the announcement of the proposed merger on the market price of American Water’s or Essential Utilities’ common stock; (10) the risk of litigation related to the proposed merger; (11) disruption from the proposed merger making it more difficult to maintain relationships with customers, employees, contractors, suppliers, regulators, vendors, elected officials, governmental agencies, or other stakeholders; (12) the diversion of each party’s management’s time and attention from operations of such party; (13) the challenging macroeconomic environment, including disruptions in the water and wastewater utility industries; (14) the ability of each party to manage its respective existing operations and financing arrangements on favorable terms or at all, including with respect to future capital expenditures and investments, operation and maintenance costs; (15) changes in environmental laws and regulations regarding each party’s respective operations that may adversely impact such party’s businesses or increase the cost of operations; (16) changes in each party’s key management and personnel; (17) changes in tax laws that could adversely affect beneficial tax treatment of the proposed merger; (18) regulatory, legislative, local or municipal actions affecting the water and wastewater industries, which could adversely affect the parties’ respective utility subsidiaries; and (19) other economic, business and other factors, including inflation and interest rate fluctuations. The foregoing factors should not be construed as exhaustive.

These forward-looking statements are qualified by, and should be read together with, the risks and uncertainties set forth above and the risk factors included in American Water’s and Essential Utilities’ respective annual and quarterly reports as filed with the SEC, and readers should refer to such risks, uncertainties and risk factors in evaluating such forward-looking statements. Any forward-looking statements speak only as of the date this communication is first used or given. Neither American Water nor Essential Utilities has any obligation or intention to update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except as otherwise required by the federal securities laws. New factors emerge from time to time, and it is not possible for American Water or Essential Utilities to predict all such factors. Furthermore, it may not be possible to assess the impact of any such factor on American Water’s or Essential Utilities’ businesses, viewed independently or together, or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.

Important Additional Information about the Proposed Merger and Where to Find It

In connection with the proposed merger, American Water will file a registration statement on Form S-4, which will include a document that serves as a prospectus of American Water with respect to the shares of American Water’s common stock to be issued in the proposed merger and a joint proxy statement of American Water and Essential Utilities for their respective shareholders (the “joint proxy statement/prospectus”), and each party will file other documents regarding the proposed merger with the SEC. This communication is not a substitute for the registration statement, the joint proxy statement/prospectus or any other document that American Water or Essential Utilities may file with the SEC or mail to their respective shareholders in connection with the proposed merger. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS OF EACH PARTY ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE REGISTRATION STATEMENT, THE JOINT PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS OR SUPPLEMENTS THERETO AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC OR INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT AND JOINT PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. A definitive joint proxy statement/prospectus will be sent to American Water’s and Essential Utilities’ shareholders. Investors and security holders will be able to obtain the registration statement, the joint proxy statement/prospectus and the other documents filed regarding the proposed merger free of charge from the SEC’s website or from American Water or Essential Utilities. The documents filed by American Water with the SEC may be obtained free of charge at American Water’s investor relations website at ir.amwater.com or at the SEC’s website at www.sec.gov. The documents filed by Essential Utilities with the SEC may be obtained free of charge at Essential Utilities website at essential.co or at the SEC’s website at www.sec.gov. The information included on, or accessible through, American Water’s or Essential Utilities’ respective websites is not incorporated by reference into, and does not form a part of, this communication.

Participants in the Solicitation

American Water, Essential Utilities and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from American Water’s and Essential Utilities’ respective shareholders in connection with the proposed merger. Information about the directors and executive officers of American Water, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in American Water’s definitive proxy statement for its 2025 Annual Meeting of Shareholders, which was filed with the SEC on March 27, 2025, including under the headings “Compensation Discussion and Analysis,” “Director Compensation,” “Equity Compensation Plan Information,” and “Certain Beneficial Ownership Matters.” To the extent holdings of American Water’s common stock by the directors and executive officers of American Water have changed or do change from the amounts of American Water’s common stock held by such persons as reflected therein, such changes have been or will be reflected on Initial Statements of Beneficial Ownership of Securities on Form 3 (“Form 3”), Statements of Changes in Beneficial Ownership on Form 4 (“Form 4”) or Annual Statements of Changes in Beneficial Ownership of Securities on Form 5 (“Form 5”), in each case filed with the SEC. Information about the directors and executive officers of Essential Utilities, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in Essential Utilities’ definitive proxy statement for its 2025 Annual Meeting of Shareholders, which was filed with the SEC on March 25, 2025, including under the headings “Director Compensation” and “Compensation Discussion and Analysis.” To the extent holdings of Essential Utilities’ common stock by the directors and executive officers of Essential Utilities have changed or do change from the amounts of Essential Utilities’ common stock held by such persons as reflected therein, such changes have been or will be reflected on Forms 3, Forms 4 or Forms 5, in each case filed with the SEC. Additionally, information regarding the respective directors and executive officers of American Water and Essential Utilities and other participants in each respective proxy solicitation and a description of their direct and indirect interests in the proposed merger, by security holdings or otherwise, will be contained in the registration statement and joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed merger when such materials become available. Investors and security holders should read the registration statement and joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Investors may obtain free copies of these documents from American Water and Essential Utilities as indicated above.

No Offer or Solicitation

This communication is for informational purposes and is not intended to, and shall not, constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote for approval, nor shall there be any offer or sale of securities or solicitation of any vote or approval in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

GOUVERNEUR, N.Y., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI; OTCQB: TIMCF) (“Titan” or the “Company”), an existing zinc concentrate producer in upstate New York and an emerging natural flake graphite producer, a key component in the broader rare earths and critical minerals ecosystem, today announced that it is advancing rapidly toward listing on the NYSE American, with required administrative steps now well underway.

In connection with the listing, Titan’s Board has approved a consolidation on the basis of one new Common Share for every 1.5 existing Common Shares (the “Consolidation”), subject to approval of the Toronto Stock Exchange (the “TSX”).

The Consolidation is being undertaken solely to align Titan with typical U.S. market standards. It will not affect any shareholder’s proportionate ownership of Titan. Following the Consolidation, final approval of the NYSE American, and the filing effectiveness of the Company’s Form 40-F registration statement with the United States Securities and Exchange Commission, Titan expects its Common Shares to begin trading on the NYSE American under the symbol “TII”. Trading on the OTCQB under the symbol “TIMCF” will continue until the commencement of trading on the NYSE American. Trading on the TSX will continue under the symbol “TI”.

Further details regarding the Consolidation will be made available in the coming days.

Rita Adiani, President and Chief Executive Officer, commented:

“Securing NYSE American pre-clearance is a key milestone in Titan’s growth trajectory. We look forward to expanding our U.S. investor base as we advance development of a leading U.S.-focused critical-materials platform anchored in New York State.”

About Titan Mining Corporation

Titan is an Augusta Group company which produces zinc concentrate at its 100%-owned Empire State Mine located in New York state. Titan is also an emerging natural flake graphite producer and targeting to be the USA’s first end to end producer of natural flake graphite in 70 years. Titan’s goal is to deliver shareholder value through operational excellence, development and exploration. We have a strong commitment towards developing critical minerals assets which enhance the security of the domestic supply chain. For more information on the Company, please visit our website at www.titanminingcorp.com

Media & Investor Contact

Irina Kuznetsova
Director, Investor Relations
Phone: (778) 870-7735
Email: [email protected]

Cautionary Note Regarding Forward-Looking Information

Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this news release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including completing the Consolidation and the terms thereof; details of the Consolidation being made available in the coming days; listing and trading on the NYSE American; future trading symbols; expanding our U.S. investor base; and future advancement of a leading U.S.-focused critical-materials platform anchored in New York State. When used in this news release words such as “to be”, "will", "planned", "expected", "potential", and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of zinc and graphite; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in New York State; risks due to legal proceedings; risks that the Company will not qualify for NYSE American listing; financing approval risks; and risks related to operation of mining projects generally and the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators. Such forward-looking statements are based on various assumptions, including assumptions made with regard to our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mining activities will remain consistent; our approved business plans; our mineral resource estimates and results of our technical studies; our experience with regulators; political and social support of the mining industry in New York State; our experience and knowledge of the New York State mining industry and our expectations of economic conditions and the price of zinc and graphite; demand for graphite; exploration results; the ability to secure adequate financing (as needed); the Company maintaining its current strategy and objectives; assumptions that the Company will qualify for NYSE American listing; assumptions that the Company and EXIM will agree to financing terms; and the Company’s ability to achieve its growth objectives. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

October 27, 2025 06:00 ET

 | Source:

KE Holdings Inc.

BEIJING, Oct. 27, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, is pleased to announce today a significant upgrade in its Environmental, Social and Governance (ESG) rating by Morgan Stanley Capital International (“MSCI”) from “A” to “AA,” marking its third consecutive rating upgrade from 2023 to 2025. This achievement highlights Beike’s steadfast commitment to excellence in ESG practices within the industry.

In MSCI's latest evaluation, Beike achieved an impressive overall score of 6.6 in the ESG governance category, exceeding the industry average. Beike demonstrated notable progress in corporate behaviour by constantly refining detailed policy on business ethics and anti-corruption, and implementing comprehensive training programs on business ethics standards. Beike's score in the ESG environmental category also saw a remarkable year-over-year increase. This achievement is underpinned by the Company's Sustainable Apartment Agreement, which guides tenants and apartment managers in green practices, and through apartment projects to foster the development of urban communities.

The MSCI ESG Rating, developed by a leading provider of critical decision support tools and services for the global investment community, MSCI, serves as a benchmark for institutional investors to measure a company's resilience to financially material ESG risks and to deploy capital in ways that maximize investment return over their time horizon.

With its mission of “admirable service, joyful living,” Beike is dedicated to creating long-term, sustainable value by reshaping China's residential services industry through its infrastructure transformation and technology-driven innovation. This commitment empowers service providers to enhance their professional growth and deliver exceptional living experiences for consumers.

About KE Holdings Inc.

KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and customers efficiently navigate and complete housing transactions and services in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 23 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Beike may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about KE Holdings Inc.’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Beike’s goals and strategies; Beike’s future business development, financial condition and results of operations; expected changes in the Company’s revenues, costs or expenditures; Beike’s ability to empower services and facilitate transactions on Beike platform; competition in the industry in which Beike operates; relevant government policies and regulations relating to the industry; Beike’s ability to protect the Company’s systems and infrastructures from cyber-attacks; Beike’s dependence on the integrity of brokerage brands, stores and agents on the Company’s platform; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in KE Holdings Inc.’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and KE Holdings Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please visit: https://investors.ke.com.

For investor and media inquiries, please contact:

In China:
KE Holdings Inc.
Investor Relations
Siting Li
E-mail: [email protected]

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: [email protected]

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

Source: KE Holdings Inc.

Seoul, South Korea, Oct. 27, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that RAGNAROK 3 (Chinese Title: 仙境传说3), an MMORPG Mobile and PC game, received an ISBN code by Chinese government disclosed on October 22, 2025.

RAGNAROK 3 is the official numbered title which recreates the classic graphics and background music of the original title using latest technology for high quality. It also features free trading, larger-scale siege combat and seasonal content providing players with massive number of players and immersive combat experience.

In July, the game drew interest from users, unveiling its first trailer that showcased key features like class-specific skill demonstration, weather change system and 10-player raid dungeon. Following in August, Gravity held a closed demo session for two days at its headquarters, where participants who experienced the game responded with positive feedback. Along with this, it opened a large-scale GVG ‘Emperium Showdown’ clip on its official YouTube channel on October 21, 2025.

Gravity stated, “RAGNAROK 3 is a new title that succeeds Ragnarok Online, reimagining the original with modern approach, with enhanced combat systems that go beyond the original. We are confident that it will exceed expectations as a masterpiece of MMORPG title. As we head forward to the official launch, we plan to actively engage with our players and share various updates through our official channels. We sincerely ask for your continued interest and support”.

[Gravity Official Website]

http://www.gravity.co.kr

[RAGNAROK 3 Official Website]

https://ro3global.com/

[RAGNAROK 3 Naver Official Lounge]

https://game.naver.com/lounge/Ragnarok_Online3

[RAGNAROK 3 Official YouTube Channel]

https://www.youtube.com/watch?v=5zj3G-pqsVQ

[RAGNAROK 3 Discord Page]

https://discord.gg/ro3global

[RAGNAROK 3 Facebook Page]

https://www.facebook.com/RagnarokOnline3/

About GRAVITY Co., Ltd. ---------------------------------------------------

Gravity is a developer and publisher of online and mobile games. Gravity’s principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 regions. For more information about Gravity, please visit http://www.gravity.co.kr.

Contact:

Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: [email protected]

Ms. Jin Lee
Ms. Yujin Oh
Gravity Co., Ltd.
Email: [email protected]
Telephone: +82-2-2132-7801

Validation marks first known demonstration of visual navigation software on a U.S. Army program of record drone

October 27, 2025 06:00 ET

 | Source:

Red Cat Holdings, Inc.

SAN JUAN, Puerto Rico, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat'' or the "Company"), a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security, today announced the successful flight testing of its Black Widow™ drone equipped with Palantir Technologies Inc. (Nasdaq: PLTR) Visual Navigation (VNav) Software.

The test demonstrated that the Black Widow™ drone, currently part of the U.S. Army’s Short Range Reconnaissance (SRR) program of record, can navigate in GPS-denied conditions using Palantir’s visual-based navigation software. This marks the first known commercial demonstration of visual navigation software on a drone already accepted into a U.S. Army program.

“This is a breakthrough moment not just for Red Cat, but for the tactical needs of the Department of War,” said Jeff Thompson, CEO of Red Cat. “Every battlefield is a GPS-denied environment, and this successful test shows that Red Cat and Palantir are delivering a software-driven solution the Army can rely on. It requires no new hardware, is ready to deploy today, and gives warfighters the edge in contested environments. It also signals our evolution into a full-stack defense technology platform, with expected margin expansion and strong revenue potential in 2026.”

VNav uses edge-based sensor fusion to generate real-time position estimates from visual cues and inertial data, enabling navigation in denied or degraded environments. Over a multi-day series of tests, Red Cat and Palantir engineers evaluated VNav across nominal and GPS-denied conditions, including high-speed and low-altitude flights.

The testing sequence validated:

Full integration of VNav with the Black Widow™ flight controller, including compatibility with GPS-assisted operation
Accurate navigation in simulated GPS-denied environments
Reliable operation at altitudes as low as 150 feet AGL and speeds up to 16 mph
Robust performance in twilight and extremely low-light conditions
A simulated reconnaissance mission with dynamic flight parameters, completed successfully without GPS or human input These results helped define a preliminary performance envelope for VNav on the Black Widow system. The final mission demonstrated VNav’s ability to navigate a complete ISR mission profile, including cruising to a target, descending for surveillance, flying local waypoints, and returning, all without GPS and with continuous positional awareness.

Palantir engineers reported that VNav achieved a mean positional error of approximately 7 meters over a 2.7-kilometer route. No additional hardware was required for any of the flights, as VNav runs entirely on the Black Widow’s existing onboard sensors.

“Palantir Visual Navigation performed well in real-world conditions,” said Akash Jain, President and CTO, Palantir USG. “This demonstrates our approach to visual navigation in disrupted environments –– delivering intelligent software that adapts, scales across platforms like Black Widow, and supports the Army’s integrated operating systems.”

Red Cat and Palantir are working toward a formal Army demonstration and full productized VNav capability for all fielded Black Widow systems.

About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a U.S.-based provider of advanced all-domain drone and robotic solutions for defense and national security. Through its wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat develops American-made hardware and software that support military, government, and public safety operations across air, land, and sea. Its Family of Systems, led by Black Widow™, delivers unmatched tactical capabilities in small, unmanned aircraft systems (sUAS). Expanding into the maritime domain through Blue Ops, Inc., Red Cat is also innovating in uncrewed surface vessels (USVs), delivering integrated platforms designed to enhance safety and multi-domain mission effectiveness. Learn more at www.redcat.red.

Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Form 10-KT filed with the Securities and Exchange Commission on March 31, 2025. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

Media Contact:
Peter Moran
Indicate Media
[email protected]
(347) 880-2895

Investor Contact:
[email protected]

TORONTO, Oct. 27, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX: GTWO; OTCQX: GUYGF) is pleased to provide a corporate update on advancing the Oko Gold Project, Guyana, to production, with delivery of a combined updated Mineral Resource Estimate (“MRE”) and maiden Preliminary Economic Assessment (“PEA”) in November, as well as details on multiple exciting exploration activities currently underway focusing on new, near-mine resource growth opportunities and regional discovery potential.

October 27, 2025 6:00 AM EDT | Source: Chesapeake Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 27, 2025) - Chesapeake Gold Corp. (TSXV: CKG) (OTCQX: CHPGF) ("Chesapeake" or the "Company") is pleased to announce the second extension of its exploration agreement for the Metates property, with the local Community of San Juan de Camarones ("Community"), located in the Municipality of Santiago Papasquiaro, Durango, Mexico. The extension adds an additional five years to the original agreement signed in May 2018, now until October 2030.

Jean-Paul Tsotsos, Interim Chief Executive Officer, stated, "For over 19 years, we have been committed to maintaining an excellent working relationship with the Community and other stakeholders. The Community's support and collaboration have been integral in providing a development plan for Metates and responsible social benefits for the region. This extension agreement marks another important milestone as we work towards a prefeasibility study ("PFS") in 2026 and the further development of Metates."

As a brief Metates update, the proprietary sulphide leach testwork remains on schedule and is progressing well alongside environmental and related baseline studies in support of the upcoming PFS.

For Further Information:

For more information on Chesapeake's Metates and Lucy Projects and the proprietary sulphide leach technology, please visit our website at www.chesapeakegold.com or contact Jean-Paul Tsotsos at [email protected] or +1 778 731 1362.

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 news release.

About Chesapeake

Chesapeake Gold Corp's flagship asset is the Metates Project ("Metates") located in Durango State, Mexico. Metates hosts one of the largest undeveloped gold-silver deposits in the Americas1 with over 16.77 million ounces of gold at 0.57 grams per tonne (g/t) and 423.2 million ounces of silver at 14.3 g/t within 921.2 million tonnes in the Measured and Indicated Mineral Resource category and a further 2.13 million ounces of gold at 0.47 g/t and 59.0 million ounces of silver at 13.2 g/t within 139.5 million tonnes in the Inferred Mineral Resource category. See the technical report titled "Metates Sulphide Heap Leach Project Phase I" dated January 13, 2023, and news release dated February 22, 2023.

Forward-looking statements

This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to anticipated timing and completion of a PFS and performance updates regarding its sulphide leach technology. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are based on various assumptions.

Forward-looking information in this new release is based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information as the Company can give no assurance that they will prove to be correct. Such assumptions include the anticipated timing of the Company's work program and related studies on Metates, the availability of funds and general economic and market conditions.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the Company's ability to undertake and complete a PFS; general business, economic, competitive, political and social uncertainties; the actual results of exploration activities; the results from the continued development of the sulphide leach technology; accidents, labour disputes and other risks of the mining industry; and political instability.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.

1Mexico's biggest undeveloped gold deposits. Bnamericas. Published Tuesday, November 24, 2020.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271990

, /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced the launch of its West Synchrony™ Prefillable Syringe (PFS) System at CPHI Worldwide in Frankfurt, Germany. This innovative system marks a significant shift in drug delivery solutions by offering a fully verified platform from a single supplier that will be commercially available in January 2026.

Synchrony is a trademark of West Pharmaceutical Services, Inc. in the United States and other jurisdictions.

A fully integrated and verified prefillable syringe system designed to ensure seamless interaction between components, supporting reliable and efficient drug delivery performance.

The West Synchrony PFS system delivers a fully verified system-level solution designed specifically for biologics and vaccines. It sets a new standard in drug delivery by accelerating syringe selection through its comprehensive performance and regulatory data packages.

"Leaders in drug development face pressures to meet milestones efficiently amid complex challenges, amongst them, selecting prefillable syringes. They currently rely on fragmented approaches—assembling component data from multiple suppliers or outsourcing piecemeal verification, which risks delays, increased costs and regulatory setbacks," said Andy Polywacz, President of Integrated Systems at West. "With West Synchrony prefillable syringe system, it enables pharmaceutical companies to streamline design, accelerate regulatory submission, and secures a reliable supply chain for combination products that meets quality and volume needs."

Key benefits of the West Synchrony PFS system include:

Design and System-Level Performance: a single design verification and characterization package from West ensures the form, fit and function of the entire PFS system.
Regulatory Ease with Comprehensive Submission: a streamlined submission process with one system-level drug master file and regulatory package tailored for comprehensive regulatory needs.
Single Source Supply: single supplier approach, offering make-to-stock and make-to-order supply with low minimum order quantities, ensuring reliability and flexibility.
For more information about West Synchrony PFS system, click here.

For more information about CPHI Worldwide, click here.

Forward-Looking Statements
Certain forward-looking statements are included in this press release. They use words such as "standard," "streamline," "accelerate," "secures," "reliable," "meets," and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this release. There is no certainty that actual results will be achieved in-line with current expectations. Specifically, there is no certainty that West's introduction of the Synchrony PFS system will achieve any particular result.  These forward-looking statements involve a number of risks and uncertainties. Various factors could cause the actual results to differ materially from those expressed in, or underlying, these forward-looking statements, such as customers' changing inventory requirements and manufacturing plans; customer decisions to move forward with new products and product categories; average profitability, or mix, of the products offered for sale; dependence on third party suppliers and partners; interruptions or weaknesses in the supply chain; increased raw material costs; fluctuations in currency exchange; and the ability to meet development milestones with key customers. These important factors are not all inclusive. For a description of certain additional factors that could cause West's future results to differ from those expressed in any such forward-looking statements, see Item 1A, entitled "Risk Factors," in West's Annual Report on Form 10-K for the year ended December 31, 2024. Except as required by law or regulation, West undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.

About West 
West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With over 10,000 team members across 50 sites including 25 manufacturing facilities worldwide, West helps support our customers by delivering over 41 billion components and devices each year.

Headquartered in Exton, Pennsylvania, West in its fiscal year 2024 generated $2.89 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST) and is included on the Standard & Poor's 500 index. For more information, visit www.westpharma.com. 

All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries, in the United States and other jurisdictions, unless otherwise noted. 

SOURCE West Pharmaceutical Services, Inc.

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, /PRNewswire/ -- IDEAYA Biosciences, Inc. (NASDAQ: IDYA), a precision medicine oncology company committed to the discovery and development of targeted therapeutics, announced its participation in the upcoming investor relations events.

Citi's 2025 SMID Cap Biopharma Call Series
Thursday, November 6th, 2025 at 12:00 PM ET

Fireside chat with Yujiro S. Hata, President and Chief Executive Officer, hosted by Yigal D. Nochomovitz, Ph.D., Director, SMid Cap Biotech Analyst

Jefferies Global Healthcare Conference in London
Tuesday, November 18th, 2025 at 1:00 PM GMT | 8:00 AM ET

Fireside chat with Yujiro S. Hata, Chief Executive Officer, hosted by Maury Raycroft, Ph.D. Equity Research Analyst, Biotechnology

A live audio webcast of the conference events, as permitted by the conference host, will be available at the "Investors/Events" section of the IDEAYA website at https://ir.ideayabio.com/events and/or through the conference host. A replay of available webcasts will be accessible for 30 days following the live event.

About IDEAYA Biosciences

IDEAYA is a precision medicine oncology company committed to the discovery, development, and commercialization of transformative therapies for cancer. Our approach integrates expertise in small-molecule drug discovery, structural biology and bioinformatics with robust internal capabilities in identifying and validating translational biomarkers to develop tailored, potentially first-in-class targeted therapies aligned to the genetic drivers of disease. We have built a deep pipeline of product candidates focused on synthetic lethality and antibody-drug conjugates, or ADCs, for molecularly defined solid tumor indications. Our mission is to bring forth the next wave of precision oncology therapies that are more selective, more effective, and deeply personalized with the goal of altering the course of disease and improving clinical outcomes for patients with cancer.

Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements related to participation in and/or presentation at certain investor relations events. IDEAYA undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of IDEAYA in general, see IDEAYA's current and future filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K filed on February 18, 2025.

Investor and Media Contact
IDEAYA Biosciences
Joshua Bleharski, Ph.D.
Chief Financial Officer
[email protected]

SOURCE IDEAYA Biosciences, Inc.

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October 27, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.
This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.

San Antonio, Texas--(Newsfile Corp. - October 27, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE"), a global leader in sustainable digital infrastructure, is pleased to announce it has surpassed 22 Exahash per second ("EH/s") in global Bitcoin-mining capacity — marking 267% year-to-date growth — while accelerating the conversion of Tier-1 data centers into Tier-3 high-performance computing ("HPC") facilities to expand its AI Cloud footprint in Sweden.

HIVE Achieves Major Mining Milestone

HIVE's 22 EH/s milestone reflects the successful expansion of its hydro-powered Valenzuela facility in Paraguay, the Company's third 100-megawatt green campus in the country. The site draws renewable energy from the Itaipu Dam, one of the world's largest hydroelectric sources.

Current production has reached 9.5 Bitcoin per day with fleet efficiency of approximately 17.8 Joules per Terahash ("J/TH") and a 55% mining margin* after electricity costs at $47 Hashprice, demonstrating HIVE's operational efficiency across multiple countries and nine time zones.

With additional ASIC miners coming online, HIVE expects to reach 25 EH/s by U.S. Thanksgiving, targeting fleet efficiency of 17.5 J/TH. Management reports EH/s growth as material to revenue and cash-flow expansion, noting that digital-infrastructure companies are typically valued at multiples of revenue and cash flow.

Accelerating AI Cloud Expansion in Sweden

HIVE is expanding its European AI Cloud operations by converting an existing Tier-1 data center in Boden, Sweden, into a Tier-3 liquid-cooled HPC facility — a strategy that provides a faster path to cash flow, typically 9 months versus 3 years for a greenfield build.

Engineering and design are complete, with construction commencing this quarter. The upgraded facility will deliver a robust critical load, supporting 2,000 NVIDIA GPUs for enterprise-grade AI and GPU cloud workloads across the European Union.

This expansion builds on HIVE's AI operations in downtown Stockholm, active for the past two years, which have served early enterprise clients and validated demand for green, low-latency compute in Northern Europe.

Together with the BUZZ data center in Toronto—which will host an additional 2,000 GPUs in 2026—and planned growth in New Brunswick, HIVE has secured power and land at three strategic locations for next-generation, renewable-powered HPC operations.

Through its colocation partnership with Bell Canada, HIVE's BUZZ division can rapidly deploy AI Cloud GPU infrastructure, enabling flexible scaling to meet enterprise demand. Across its global pipeline, HIVE expects to operate approximately 6,000 GPUs by 2026, serving both AI training and inference workloads.

Executive Commentary

Frank Holmes, Co-Founder and Executive Chairman, stated: "Crossing 22 EH/s marks another major milestone for HIVE as we build one of the world's most efficient and sustainable Bitcoin-mining fleets. At the same time, our AI strategy accelerates the conversion of Tier-1 data centers into Tier-3 HPC facilities, positioning HIVE as a dual-engine digital-power company that bridges blockchain and the AI super cycle."

Mr. Holmes continued: "It is now widely recognized that Bitcoin miners were the original builders of Tier-1 digital-infrastructure networks—developing substations, fiber connectivity, and energy-optimization systems that laid the foundation for today's hyperscale AI data centers. This model is now being replicated globally, including in West Texas, where projects such as Stargate, a US $500 billion HPC campus, mirror the pioneering work of early Bitcoin-mining companies that sourced stranded or surplus renewable energy."

Aydin Kilic, President & CEO, added: "Repurposing existing infrastructure allows HIVE to reach cash-flow generation much faster than greenfield projects. Our operational strength enables us to grow both Bitcoin mining and AI Cloud services in parallel, all powered by renewable energy."

Johanna Thornblad, Sweden Country President, commented: "The Boden expansion reinforces Sweden's leadership in sustainable digital infrastructure. Building on our two years of AI operations in Stockholm, this conversion project will deliver enterprise-grade AI capacity to the EU market faster and more efficiently than traditional data-center builds."

Outlook and Funding

All hardware for HIVE's Paraguay expansion is fully funded and delivered, supported by fixed-rate hydroelectric power ensuring predictable, scalable economics. The Company continues to model robust annual recurring revenue (ARR) potential from both Bitcoin production and AI Cloud contracts, consistent with non-GAAP industry standards.

HIVE targets 25 EH/s by late 2025 and 35 EH/s during 2026, while scaling its HPC division five-fold over the same period.

* As used herein, "Mining Margin" is calculated by dividing the mining profit (revenue generated from mining activities minus power costs related to those activities) by the total revenue generated from mining activities and expressed as a percentage. In mining, the most significant expense is power cost;, in this estimate we are assuming an average of USD 5 cents per kilowatt hour for indicative purposes. "ARR", as a metric, represents revenue only, and does not represent profitability. ARR is presented here as a measure of growth. These non-GAAP measures should be read in conjunction with and should not be viewed as alternatives to or replacements for measures of operating results and liquidity presented in accordance with GAAP in HIVE's quarterly and annual financial statements. All financial projections reflect current market sentiment and public disclosures as of September 2025; actual outcomes may vary. Investors should conduct their own due diligence.

About HIVE Digital Technologies Ltd.

Founded in 2017, HIVE Digital Technologies Ltd. is the first publicly listed company to mine digital assets powered exclusively by green energy. Today, HIVE builds and operates next-generation blockchain and AI data centers across Canada, Sweden, and Paraguay, serving both Bitcoin and high-performance computing (HPC) clients. HIVE's twin-turbo engine infrastructure—driven by Bitcoin mining and NVIDIA GPU-accelerated AI computing—delivers scalable, environmentally responsible solutions for the digital economy.

For more information, visit hivedigitaltech.com, or connect with us on:

X: https://x.com/HIVEDigitalTech
YouTube: https://www.youtube.com/@HIVEDigitalTech
Instagram: https://www.instagram.com/hivedigitaltechnologies/
LinkedIn: https://linkedin.com/company/hiveblockchain

On Behalf of HIVE Digital Technologies Ltd.

"Frank Holmes"
Executive Chairman

Neither the 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 news release.

Forward-Looking Information

Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes but is not limited to: the performance of the Comp[any's existing operations, the construction of the Company's Phase 3 facility in Valenzuela, Paraguay and its potential specifications and performance upon completion, the timing of it becoming operational; business goals and objectives of the Company; the acquisition, deployment and optimization of the mining fleet and equipment; the continued viability of its existing Bitcoin mining operations; and other forward-looking information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.

Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: the inability to complete the construction of the Paraguay acquisition on an economic and timely basis and achieve the desired operational performance; the ongoing support and cooperation of local authorities and the Government of Paraguay; the volatility of the digital currency market; the Company's ability to successfully mine digital currency; the Company may not be able to profitably liquidate its current digital currency inventory as required, or at all; a material decline in digital currency prices may have a significant negative impact on the Company's operations; the regulatory environment for cryptocurrency in Canada, the United States and the countries where our mining facilities are located; economic dependence on regulated terms of service and electricity rates; the speculative and competitive nature of the technology sector; dependency on continued growth in blockchain and cryptocurrency usage; lawsuits and other legal proceedings and challenges; government regulations; the global economic climate; dilution; future capital needs and uncertainty of additional financing, including the Company's ability to utilize the Company's ATM Program and the prices at which the Company may sell Common Shares in the ATM Program, as well as capital market conditions in general; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; the competitive nature of the industry; currency exchange risks; the need for the Company to manage its planned growth and expansion; the need for continued technology change; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the impact of energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; share dilution resulting from the ATM Program and from other equity issuances; the construction and operation of facilities may not occur as currently planned, or at all; expansion may not materialize as currently anticipated, or at all; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of electricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power for the Company to operate cryptocurrency mining assets; the risks of an increase in the Company's electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the adverse impact on the Company's profitability; the ability to complete current and future financings, any regulations or laws that will prevent the Company from operating its business; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; an inability to predict and counteract the effects of pandemics on the business of the Company, including but not limited to the effects of pandemics on the price of digital currencies, capital market conditions, restriction on labour and international travel and supply chains; and, the adoption or expansion of any regulation or law that will prevent the Company from operating its business, or make it more costly to do so; and other related risks as more fully set out in the Company's disclosure documents under the Company's filings at www.sec.gov/EDGAR and www.sedarplus.ca.

The forward-looking information in this news release reflects the Company's current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events will occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271909

Rongchai Wang
Oct 27, 2025 08:14

SharpLink Gaming significantly increases its Ethereum holdings with a $78 million purchase, boosting corporate treasuries' ETH accumulation amid rising prices.

SharpLink Gaming has made headlines once again by significantly increasing its Ethereum (ETH) holdings. The gaming company has purchased 19,271 ETH valued at approximately $78.3 million, reflecting a strategic move amid rising market optimism, according to CoinMarketCap.

Ethereum Accumulation This acquisition boosts SharpLink's total Ethereum treasury to over 859,000 ETH, which is valued at more than $3.6 billion. The move underscores a growing trend among corporate treasuries, which collectively hold approximately 5.98 million ETH, representing around 4.94% of the total supply. This institutional accumulation is indicative of the increasing confidence in Ethereum's potential as a store of value and a key player in the decentralized finance ecosystem.

Market Dynamics Ethereum's price has been on an upward trajectory, trading near $4,240, which marks an over 7% increase on the day. Market bulls are eyeing a potential breakout above $4,250, with targets set towards October highs near $4,730. This price movement highlights the renewed interest and positive sentiment around Ethereum, potentially driven by both retail and institutional investors.

Institutional Interest SharpLink Gaming's recent acquisition is part of a broader pattern of increasing institutional interest in cryptocurrencies. As companies continue to diversify their portfolios with digital assets, Ethereum remains a favored choice due to its robust network and widespread use in smart contracts and decentralized applications.

For more detailed insights, visit the original report on CoinMarketCap.

Image source: Shutterstock

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Quick Facts:

1️⃣ Over $180M in short positions were liquidated as Bitcoin’s breakout above $112K-$115K triggered a powerful short squeeze.

2️⃣ Grok’s Bitcoin price prediction points to a long-term target of around $500K if the token closes strongly above $125K.

3️⃣ Bitcoin Hyper ($HYPER) emerges as the best altcoin to buy now, as investors look for high-upside plays to ride Bitcoin’s momentum.

Bitcoin is up nearly 4% in the last two days, having broken out of a very neat descending triangle pattern on the lower time frames.

That said, Bitcoin’s push above the $112K level – and now the $115K level – is more than just a strong technical breakout.

In fact, it has resulted in a whopping $183M worth of short positions being liquidated in just the last 24 hours alone.

This, according to crypto analysts such as @X_Four_iv (who has more than 25K followers on X), is triggering a short squeeze.

A short squeeze, in crypto context, is exactly what it sounds like, i.e., a sharp breakout above a major resistance zone (in this case, $112K and $115K) that triggers the stop losses of short sellers.

When those short positions are liquidated, the forced buy orders that execute their stop losses further push the price higher.

This creates a domino chain of liquidations and buy orders that send prices soaring with little to no consolidation in sight.

According to Grok, we can arrive at Bitcoin’s next potential target by using the width of the descending triangle pattern and mapping it onto the breakout level.

This gives us a target of around $125K, which would put Bitcoin just shy of its current all-time highs.

Long-Term Bitcoin Price Prediction by Grok Points to $500K
Next, for a long-term price prediction, Grok switched to the weekly time frame, where the AI noticed that Bitcoin is currently on the cusp of a generational breakout.

As you can see, $BTC has been rising along the lower support line of a major rising wedge pattern.

This trend line has supported Bitcoin since November 2022, and its latest rally is also coming from this dynamic support zone.

Of course, the $125K level, which aligns with Bitcoin’s ATH and the upper resistance line of this pattern, becomes a key resistance to watch.

But if Bitcoin breaks above this zone, we could see another short squeeze, similar to the current one – only on a much larger scale.

According to this trading pattern, Bitcoin’s next long-term target could extend to around $500K.

And it’s not just the charts pointing that way. If you look at what’s happening under the hood, investment behavior tells the same story.

In previous Bitcoin cycles, whales sold near the top while retail investors drove the momentum.
This time, retail is selling hard, while large wallets (or smart money) are rapidly accumulating, suggesting growing long-term institutional confidence in Bitcoin’s future.

Even so, it’s unlikely Bitcoin gets to $500K in the next 1-2 years, let alone in the next few months.

A strong reason for this is that the consolidation pattern has been forming since 2021, and classic technical analysis suggests that the duration of the consolidation is roughly the time it takes for the token to realize its target for the pattern.

Here’s the kicker: Contrary to what many investors believe, you don’t have to buy Bitcoin at $10 and hold it for 10 years to make life-changing returns.

In fact, a well-timed low-cap investment in a token that rides Bitcoin’s next major rally could deliver those kinds of results.

If you want to position yourself for one such move ahead of the upcoming Bitcoin rally, consider loading up on the best Bitcoin-themed altcoin right now, Bitcoin Hyper ($HYPER).

What Is Bitcoin Hyper?
Bitcoin Hyper is a new cryptocurrency project that’s building the first-ever Layer-2 solution designed to truly address the issues of speed, scalability, and Web3 support on Bitcoin.

Unlike the vast majority of Layer-2 networks that limit themselves to just the Ethereum Virtual Machine (EVM), $HYPER adopts a pro-development approach by choosing the Solana Virtual Machine (SVM) instead.

Unlike the EVM, the SVM is capable of executing thousands of transactions in parallel.

Even better, this Solana-like lightning-fast performance does not come at the cost of security.

That’s because $HYPER creates a summary of all its transactions and sends it to Bitcoin’s main chain, thereby preserving the network’s native security.

All in all, you can think of Bitcoin Hyper as a fast side lane attached to an old and slow Bitcoin highway – bringing the flagship crypto up to modern speed standards and making it far more attractive to users.

$HYPER Is Bringing Web3 to Bitcoin
Hyper’s SVM integration will also allow developers to build smart contracts and decentralized applications (dApps) on Bitcoin, unlocking Web3 and DeFi on the Bitcoin network.

As a $HYPER holder, you’ll finally have access to high-speed DeFi trading apps, DAOs, governance systems, lending platforms, staking, swapping, NFTs, and gaming dApps – all without having to leave Bitcoin.

To ensure seamless access to its Web3 environment, Bitcoin Hyper offers a well-oiled, non-custodial canonical bridge.

It locks your Layer-1 Bitcoin and then mints an equivalent amount of wrapped tokens on Hyper’s Layer-2 network.

Once you’ve completed your use case within Hyper’s Web3 ecosystem, simply raise a withdrawal request through the bridge, and it’ll release your original Bitcoin back to your Layer-1 wallet address.

Buy $HYPER Now – Top Crypto Presale Pushing $25M
Given that Bitcoin Hyper ($HYPER) could greatly enhance Bitcoin’s real-world utility and make it much more than just an investment vehicle, it’s no surprise that it has become one of the best crypto presales of 2025.

Investors have been pouring in tens of thousands of dollars every day into the Bitcoin Hyper presale, which has already raised nearly $25M. Whales are sniffing around, with a single transaction worth $16K just a few hours ago.

According to our $HYPER price prediction, the token could reach a high of $0.20 by the end of 2026. This means that a $100 investment today could turn into $1,500 in just a few months.

To grab your share of these mind-boggling gains, make sure you buy Bitcoin Hyper while it’s still in presale and available at discounted, early-adopter prices.

Right now, one $HYPER token is available for just $0.013175, and if you join now, you’ll get the opportunity to stake your tokens in exchange for some handsome passive income – currently yielding 47% p.a.

🚀 Join the Bitcoin Web3 revolution – grab your $HYPER tokens today!

Disclaimer: Kindly do your own research before investing. The crypto market is unpredictable, and none of the above is financial advice.

Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/grok-bitcoin-price-prediction-amidst-180m-short-liquidations

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

Ethereum surpasses $4,100 as analysts debate a potential bullish breakout or bull trap scenario.Technical analysts highlight resistance near $4,150, with symmetrical triangle patterns suggesting upside potential.Year-end ETH target of $4,500 remains possible if breakout confirms and macro conditions improve.Ethereum (ETH) has broken above the $4,200 mark, signaling renewed optimism among investors. Analysts, however, remain divided on whether the rally represents a sustainable uptrend or a potential bull trap.

Ethereum surged past $4,200 on Monday, marking a critical psychological threshold and reigniting discussion about a possible medium-term bullish phase.

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Structural Drivers Behind the RallyMarket watchers closely observe specific indicators, including actual spot purchases, large order flows, and the balance of buying versus selling pressure. These observations are based on analyses shared by crypto analysts such as @swarmister and @acethebullly on X (formerly Twitter), highlighting the current market structure and potential breakout scenarios.

Market research from analytics firms suggests medium-term targets in the $4,500 to $4,650 range, supported by fundamental drivers. Ethereum benefits from its expanding ecosystem, which includes decentralized finance (DeFi), growing staking demand, and rapid development of Layer 2 scaling solutions.

From a technical perspective, ETH’s rebound from the $3,900 level aligns with a broader consolidation pattern. The 200-day moving average, currently near $3,568, has acted as long-term support, while traders are now watching whether the price can maintain momentum above the 50- and 100-day exponential moving averages.

Macro conditions may also favor ETH’s upward bias. With expectations of potential US rate cuts and lower real yields, risk-on sentiment could return, possibly channeling liquidity into digital assets.

Crypto analyst @swarmister noted that Ethereum forms a “symmetrical triangle,” typically a consolidation pattern following an impulse move.

“A price consolidation above $4,000 with growing volume and a positive delta will confirm the upward scenario,” he said, adding that a breakout could lift ETH toward $4,800 to $5,600.

$ETH Technical overview

Key Levels:
Support: $3,600-3,700 lower boundary of the current consolidation.
Targets upon confirmed breakout: $4,800 and $5,600(!)
A price consolidation above $4,000 on growing volume and a positive delta will confirm the upward scenario

The current… pic.twitter.com/0E28DHNROz

— swarmik (@swarmister) October 26, 2025
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These technical signals suggest that the recent breakout may represent more than short-term volatility — potentially signaling a structural shift in market sentiment.

Market Resistance and Downside RisksStill, analysts caution that enthusiasm could be premature. On-chain data show limited spot inflows, while leveraged positions have risen, indicating potential vulnerability to liquidation-driven sell-offs.

Technical analyst @acethebullly described the market as “range-bound,” with ETH consolidating between $4,050 and $4,100.

“Liquidity concentration near $4,100 acts as strong resistance,” he observed, adding that large sell orders have capped gains despite notable buy absorption around $4,050. “Buyers are defending this area, but heavy sell walls above $4,100 continue to limit upside momentum.”

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$ETH shows a period of sideways consolidation between roughly $4,050–$4,100, with notable liquidity concentration near $4,100 acting as strong resistance. Large sell orders (red bubbles) earlier in the session pushed price lower, but increasing buy absorption (green bubbles)… pic.twitter.com/lqzcjyFRSs

— Ace of Trades (@acethebullly) October 26, 2025
This liquidity equilibrium underscores Ethereum’s current inflection point. A sustained rally could remain elusive unless ETH breaks above $4,150 with solid volume. Moreover, Bitcoin (BTC) still dominates overall market momentum, making it difficult for ETH to advance independently.

If Ethereum fails to hold the $4,000 support, analysts see potential for a retracement toward $3,900 or lower. Broader macro risks — including tighter liquidity, renewed regulatory pressure, or an unfavorable shift in investor sentiment — could also weigh on prices.

ETH price chart: BeInCryptoCan ETH Reach $4,500 by the End of 2025?A decisive move above $4,150–$4,220 would likely confirm a breakout and open the path toward $4,400–$4,550. Provided market liquidity improves and macro conditions stabilize, such a move would align with the bullish projections outlined by several analysts.

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Conversely, failure to overcome resistance could extend the consolidation phase, delaying any sustained advance. If sell walls persist and spot demand weakens, Ethereum may remain range-bound through the end of the year.

Overall, the likelihood of ETH reaching $4,500 by year-end will depend much on near-term price action, particularly whether the ongoing accumulation translates into a confirmed technical breakout.

Key metrics to watch include:

Spot buying activity: Measures the actual purchases of ETH in exchanges, showing real demand and market participation.
Leverage ratios: Indicate the proportion of borrowed capital in derivatives markets, highlighting liquidation risks.
Liquidity heatmaps: Visualize areas where buy or sell orders concentrate in the order book, often acting as support or resistance.
ETH/BTC performance: Tracks Ethereum’s relative strength versus Bitcoin, showing whether ETH’s moves are independent or BTC-driven.
These metrics are derived from analysts’ technical observations. For instance, @swarmister noted the formation of a symmetrical triangle and the importance of volume in confirming upward momentum. @acethebullly highlighted how concentrated liquidity near $4,100 acts as strong resistance and how buy orders around $4,050 defend support.

Monitoring these metrics can clarify whether the recent breakout is supported by genuine demand or vulnerable to a pullback.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Sharplink Gaming has expanded its crypto holdings once again, purchasing 19,271 Ether (ETH) worth about $80.37 million, marking its first major accumulation move in over a month. The latest acquisition boosts the company's Ethereum reserve to 859,400 ETH, now valued at approximately $3.6 billion, solidifying Sharplink's position as one of the largest corporate holders of the asset.

ZCash recovered above $370 for the first time since 2018. Short sellers are still betting the rally is not sustainable, but ZEC caused a short squeeze.

Pi Coin’s RSI and MFI divergences hint that the broader three-month downtrend may continue despite the 24 % daily jump.On the 4-hour chart, the 20-period EMA crossing above the 100-period EMA could lift prices toward $0.27 before resistance hits.A breakout above $0.28 would confirm strength and open the way to $0.36, while failure risks a drop back to $0.20 – $0.15.Pi Coin (PI) price has rallied nearly 24% in the past 24 hours at press time, cutting its monthly losses to about 4%. But even with this rebound, the token is still down over 40% in the past three months, meaning the broader downtrend hasn’t ended.

While the move looks impressive, several signals suggest that this might be a short-term bounce inside a larger bearish setup unless the Pi Network token clears one critical resistance level.

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Buying Momentum Fades Despite the JumpPI’s price has recovered sharply, but key indicators show that underlying strength may not support this rally for long. Between October 6 and October 27, the PI price made a lower high, while the Relative Strength Index (RSI), a measure of buying and selling strength, formed a higher high.

Pi Coin And Hidden Bearish Divergence: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

That pattern is a hidden bearish divergence, which typically means the broader downtrend could continue despite a short-term rise. This indicates that while prices are rebounding, they’re doing so within a weak underlying structure.

The Money Flow Index (MFI), which tracks real capital inflows, tells a similar story. Since October 24, the price has made a higher high, but the MFI has printed a lower high, meaning there’s less new money entering the market even as prices push higher.

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Money Flows Not As Strong: TradingViewThis same combination appeared between September 3 and September 20, and the Pi Coin price dropped about 48% shortly after. While not a guarantee of a repeat, the pattern suggests that this rally could lose steam once buying pressure slows.

Short-Term Charts Still Show Some UpsideDespite those bearish divergences, the short-term trend still leaves room for a bit more upside.

On the 4-hour chart, the 20-period Exponential Moving Average (EMA), a fast-reacting average that tracks recent price momentum, has crossed above the 50-period EMA, signaling a possible short-term bullish phase.

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The 20-period EMA is now approaching the 100-period EMA, and if it crosses above, it could trigger another burst of buying. This type of EMA crossover is often seen when traders start building short-term long positions after a rebound.

Pi Coin 4-Hour Price Chart: TradingViewIf that happens, Pi could rise toward $0.27, a nearby resistance level.

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Key Resistance Could Decide The Next Pi Coin Price MoveOn the daily chart, Pi Coin remains within a falling broadening wedge, which is typically a bullish reversal pattern. This structure often forms during extended downtrends and can signal that selling pressure is weakening.

Right now, the Pi Coin price faces a crucial resistance zone at $0.28. It is worth noting that while the shorter-term chart hints at a move towards $0.27, a stronger rally will only continue post-clearing $0.28.

A daily candle close above that key level would confirm a breakout from the wedge and could open the way toward $0.36, a gain of about 41% from current levels.

Pi Coin Price Analysis: TradingViewHowever, if PI fails to clear this level, sellers could return quickly. A drop below $0.20 (a 20% drop) would expose the token to further declines toward $0.15.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Indian Judge Halts WazirX’s XRP Reallocation Plan Linked to 2024 HackThe Madras High Court granted interim protection to a WazirX user, blocking the exchange from redistributing her XRP as part of its Singapore-led restructuring.Updated Oct 27, 2025, 8:54 a.m. Published Oct 27, 2025, 8:54 a.m.

The Madras High Court has recognized cryptocurrency as property capable of being held in trust, granting relief to a WazirX user whose XRP funds were frozen following the exchange’s 2024 hack.

The ruling could set a precedent for how Indian courts handle user claims against exchanges operating under foreign jurisdictions.

Justice N. Anand Venkatesh’s Oct. 25 order directed Zanmai Labs, WazirX’s Indian operator, to furnish a bank guarantee worth roughly 9.56 lakh (around $11,500), equivalent to the petitioner’s frozen 3,532 XRP, pending arbitration.

“The cryptocurrency was held by her in India by means of the WazirX platform,” the court said. “Cryptocurrency is a property… capable of being enjoyed and possessed, and capable of being held in trust.”

The decision came after Rhutikumari, a long-time WazirX user, challenged the exchange’s right to redistribute her XRP holdings under a “socialized loss scheme” tied to its Singapore-based parent Zettai Pte Ltd’s restructuring.

WazirX, once India’s largest crypto exchange, halted withdrawals in July 2024 after a $230 million hack targeting wallets managed by Singapore custodian Liminal. The company then pursued a court-supervised restructuring in Singapore, under which users would receive “recovery tokens” and partial repayments once operations resumed.

That plan — approved by the Singapore High Court earlier this month — has since become the cornerstone of WazirX’s relaunch. But the Madras ruling signals that Indian users may still seek domestic legal protection even when the company’s legal seat lies abroad.

For thousands of Indian users still waiting for their tokens from the 2024 WazirX hack, the Madras decision marks the first tangible win.

It doesn’t force WazirX to return funds yet, but it acknowledges a principle that may define future cases: That crypto belongs to the user, not the exchange.

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Mt. Gox Delays Creditor Repayment to October 2026

Mt. Gox has extended the creditor repayment deadline by a year.

What to know:

Mt. Gox has extended the creditor repayment deadline to Oct. 31, 2026, from the previous deadline of Oct. 31, 2025.The Rehabilitation Trustee, with court approval, aims to complete repayments as reasonably practicable.Most main repayments have been completed for creditors who met the necessary conditions without issues.Read full story

The plan is aimed at limiting arbitrary data on-chain after the Bitcoin Core v30 update, but was criticized as “Orwellian” and “an attack on Bitcoin.” However, Dashjr later clarified the language was misinterpreted. Meanwhile, a separate NYDIG report challenged the long-held belief that Bitcoin acts as an inflation hedge, and found instead that its price moves more closely with fluctuations in the US dollar and broader liquidity trends.

A new Bitcoin improvement proposal authored by long-time core developer Luke Dashjr caused widespread outrage across the crypto community, after a section in the document appeared to imply legal consequences for those who reject the proposed soft fork. The proposal was published on Friday, and is the latest flashpoint in the debate between Bitcoin Core and Bitcoin Knots supporters. The debate centers on whether Bitcoin should allow non-financial transactions or restrict data that could contain illicit content.

The goal of the proposed soft fork is to limit the amount of arbitrary data stored in Bitcoin transactions for one year, until a permanent solution can be introduced. This move comes amid concerns that the latest Bitcoin Core v30 update, which allows larger data payloads, could enable malicious users to embed illegal or immoral content on-chain — potentially exposing network participants to criminal liability. 

However, controversy erupted over the proposal’s language in lines 261 to 272, where it states that “there is a moral and legal impediment to any attempt to reject this soft fork,” followed by a note that rejecting it “may subject you to legal or moral consequences” or result in “splitting off to a new altcoin like Bcash.”

Critics quickly accused Dashjr of trying to coerce the community through fear of legal repercussions. Bitcoin educator and systems engineer Bam called the wording “Orwellian,” and compared it to a dystopian overreach.

Software engineer Ben Kaufman described it as “the most clear case of an attack on Bitcoin.” Canadian cryptographer Peter Todd shared screenshots suggesting Dashjr was relying on the threat of legal pressure to ensure adoption. Galaxy Digital’s Alex Thorn also called the move “explicitly an attack on Bitcoin.”

Others, however, argue that the section has been misinterpreted. They claim it refers to the risk of being complicit in hosting illegal content should the fork not be adopted, rather than a direct legal threat. 

Dashjr himself clarified that the wording originated from an earlier draft and said it might need more clarification. Still, even if the fork moves forward, Todd claims to have already bypassed its proposed restrictions, suggesting the technical fix may not be effective. BitMEX Research also warned that the proposal could inadvertently create economic incentives for bad actors to post illegal content on-chain in order to disrupt the network.

Bitcoin’s Real Driver Is Dollar WeaknessIn other Bitcoin-related news, Bitcoin’s reputation as an inflation hedge is being challenged by new research from NYDIG, which suggests that inflation itself has little influence on the cryptocurrency’s price. Instead, the report argues that Bitcoin tends to rise when the US dollar weakens, much like gold. 

Greg Cipolaro, NYDIG’s global head of research, said in a note on Friday that while the crypto community often portrays Bitcoin as “digital gold,” the data simply doesn’t support a strong or consistent link between inflation and Bitcoin’s performance.

Cipolaro explained that Bitcoin’s correlations with inflationary measures are neither steady nor particularly strong, and that expectations of inflation are only a slightly better predictor of Bitcoin’s price movements. Interestingly, he added that even gold, which has long been considered the ultimate inflation hedge, doesn’t live up to that label. In fact, gold has shown an inverse and inconsistent relationship with inflation over time, a finding that Cipolaro described as “surprising for an inflation protection hedge.”

(Source: NYDIG)

What seems to matter more for both Bitcoin and gold, according to NYDIG, is the strength of the US dollar. As the dollar weakens against other currencies, both assets tend to rise. Cipolaro explained that while gold’s inverse correlation to the dollar is long established, Bitcoin’s relationship is newer but growing stronger as it becomes more integrated into the traditional financial ecosystem.

(Source: NYDIG)

He also pointed out that broader macroeconomic factors like interest rates and the money supply have played a more important role in shaping Bitcoin’s price. Historically, gold gained when interest rates fell and declined when they rose. This pattern has now begun to emerge for Bitcoin as well. Similarly, looser monetary policies and expansions in global liquidity generally supported Bitcoin’s upward movements.

Cipolaro concluded that these trends show how Bitcoin has matured into a key player in the global financial landscape. While gold may serve as a hedge against real interest rates, he said, Bitcoin evolved into what he described as a “liquidity barometer,” by reflecting much broader shifts in global economic conditions rather than reacting directly to inflation itself.

Ted Hisokawa
Oct 27, 2025 07:56

Bitcoin neared $115,000 amid easing US-China trade tensions, boosting global risk appetite and driving gains across equities and major cryptocurrencies.

Bitcoin (BTC) has surged to nearly $115,000, buoyed by easing trade tensions between the United States and China. This development has sparked a global increase in risk appetite, leading to gains across both equities and major cryptocurrencies, according to CryptoNews.

The cryptocurrency market followed suit, with its total market value rising by 3.7% to $3.9 trillion. Ether (ETH) climbed 7% to $4,200, Binance Coin (BNB) increased 2.8% to $1,149, and XRP rose 1.3% to $2.64. This positive momentum set a promising tone ahead of a week filled with central bank decisions and significant earnings reports.

Trump and Xi Set to Review Preliminary Trade Deal
During the weekend, senior economic officials from the US and China outlined a framework that Presidents Donald Trump and Xi Jinping are expected to review in South Korea later this week. A potential agreement that would halt increased US tariffs and Chinese export controls on rare earths could alleviate market tensions after months of escalating trade risks.

Upcoming policy meetings in Japan, Canada, Europe, and the US are of significant interest, with the Federal Reserve expected to cut interest rates by 25 basis points. This anticipated cut follows a slightly lower-than-expected rise in September inflation, despite concerns about the ongoing government shutdown's impact on data.

Cooling Inflation Supports Rate Cut Expectations
Investors are also preparing for an intense period in the US earnings season, with major tech companies such as Microsoft, Apple, Alphabet, Amazon, and Meta set to report. These earnings reports are crucial as they have anchored risk sentiment throughout 2025.

Expectations for a quarter-point rate cut by the Federal Reserve remain strong, with the benchmark rate likely moving from 4.0% to 4.25%. This follows a year-on-year Consumer Price Index increase of 3% in September, below the 3.1% consensus. The prospect of cooling inflation and positive earnings has increased cyclical exposure in portfolios, with treasury yields easing, the dollar stabilizing, and gold experiencing profit-taking as investors shift back to growth.

Institutional Interest in Digital Assets Grows
In the digital asset market, treasury positioning remains a focal point. While concerns about MicroStrategy's growth outlook persist, institutional interest is growing in companies like Metaplanet, BitMine, and Galaxy Digital. Miners are benefiting from AI-infrastructure pivots and capital inflows, with TeraWulf, CleanSpark, and Iren cited as early beneficiaries.

Among major cryptocurrencies, Solana, Jupiter, and Virtuals have outperformed due to ecosystem catalysts, while Tron and Ethena have shown mixed trading flows amid DeFi rotations. For crypto trading desks, the trajectory of interest rates, the outcome of US-China negotiations, and the earnings results will be pivotal in determining whether Bitcoin can sustain its momentum towards $120,000.

Image source: Shutterstock

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U.S. spot Ethereum ETFs recorded their second consecutive week of outflows, with around $555 million exiting the funds over the two-week period.

Summary

Spot Ether ETFs registered two consecutive weeks of outflows for the first time since April.
Ether price breached past $4.2K resistance today and analysts now predict much higher gains over the coming weeks.

According to data from SoSoValue, the nine Ether ETFs experienced their second consecutive week of outflows in the week dated Oct. 20-Oct. 24, which saw around $243.91 million withdrawn by investors.

Fidelity’s FETH led the weekly outflows with $95.2 million in redemptions, while BlackRock’s ETHA followed with outflows of $89.1 million. Grayscale’s ETHE and ETH funds contributed to negative momentum with $26.1 million and $23.5 million in outflows, respectively. 

More modest outflows came from Bitwise’s ETHW and VanEck’s ETHV, which saw a combined outflow of $10 million. The remaining ETH ETFs remained neutral over the week.

Adding last week’s outflows to the prior week, a total of $555.7 million has bled from the investment vehicles. The continued weekly outflows, marking the first back-to-back outflows for Ethereum ETFs since April, seem to indicate that investor demand for these funds is cooling.

Demand for their Bitcoin counterparts, on the other hand, has returned, with Bitcoin ETFs recording $446.36 million in weekly inflows across the 12 BTC funds, a sharp reversal from the $1.23 billion in net outflows seen the previous week.

Investors likely remained cautious around ETH ETFs, as Ethereum’s price struggled to regain traction following sharp declines earlier this month, driven by broader macroeconomic concerns and a wave of risk-off sentiment. Market participants also likely were awaiting the U.S. CPI data released last Friday, which marked the first key economic data from the U.S. since the government went into a shutdown on Oct. 1.

Market momentum, however, seems to have returned, especially after Friday’s inflation data, with headline CPI rising from 2.9% in August to 3.0% in September, and Core inflation dropping from 3.1% to 3.0, has improved the odds of a rate cut. CME’s FedWatch tool puts the odds of a 25bps rate cut this week at 96.7%.

Ethereum breaks through $4,200 resistance barrier
After hitting lows around $3,880 on Oct. 24, Ethereum (ETH) price regained bullish momentum over the weekend and managed to break through $4,200 resistance today. As of press time, the leading altcoin stood at $4,229, up over 7% in the past 24 hours.

According to market watchers, Ethereum’s technical structure appears to be setting up for another impulsive leg higher. 

As highlighted by pseudonymous crypto analyst Pascal, ETH seems to be completing its internal Wave 4 of the Primary Wave 3, a phase that often precedes a strong upward breakout.

Source: X/PascalTrades
If this Elliott Wave count holds, Ethereum could enter Wave 5 with potential upside targets between $5,800 and $6,300, completing the broader Primary Wave 3 before a minor correction back toward the $5,000 zone.

ETH MACD crossover — Oct. 27 | Source: crypto.news
With ETH having already reclaimed the $4,200 resistance level, traders are eyeing a possible continuation toward $4,600 in the short term, with technical indicators such as a MACD crossover on the 1-day chart leaning in favor of the bulls.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana price has just stolen the spotlight among altcoins, breaking out with powerful momentum that has traders buzzing. The latest 6% daily surge comes on the back of a broader market rally led by Bitcoin’s impressive climb to $115k. As a result, Solana’s market cap now stands at a staggering $112.54 billion with daily trading volume rocketing nearly 90% higher, echoing a strong surge of interest. 

The energy behind Solana’s move isn’t an accident. In the past 24 hours, $195M in altcoin shorts were liquidated as Bitcoin ramped higher, creating fuel for Solana’s breakout. A fresh wave of bullishness was also triggered after Solana’s co-founder, Anatoly Yakovenko, challenged Ethereum’s layer two security models.

SOL Price AnalysisSOL’s price rally has plenty of confirmation under the hood. The coin decisively reclaimed the $200 level after piercing both its 30-day SMA at $204.37 and its long-term 200-day SMA at $177.33. Technically, this marks a momentum shift, as price action closed above both the pivotal $197.6 region and the 50% Fib retracement of $205.42. 

Talking about indicators, the MACD histogram just turned positive (+1.3), reflecting a bullish crossover and increasing upward momentum. With the RSI close to 59.31, there’s ample room for continued gains before the chart runs into the typical overbought zone above 70. SOL’s daily low and high from $193.61 to $204.88 carve out a new support base, this is while resistance now sits at $222.2.

What I’m watching next is how Solana holds above $205.42. Sustained closes above this level confirm the rally is real and could open the rallies towards $211.78 and $222.27. If buyers manage a weekly close above $222, then the chart’s structure positions the asset for a potential return to the $280 region.

“$SOL is still holding its 3-year support trendline. The most important level for Solana is $280, and a weekly close above it will trigger a massive rally. I still think $400-$500 SOL is happening this cycle.”

— BitBull

FAQsWhy is Solana’s price going up?

Solana’s price surge was jump-started by Bitcoin’s climb to new highs, which triggered a cascade of altcoin buying, forced liquidations of short positions, and renewed confidence from bullish narratives within the ecosystem.

Is Solana overbought at current levels?

SOL’s RSI is just shy of 60, suggesting there’s room before extreme overbought signals. Momentum and breakout confirmation point to more upside potential if key resistances are breached.

Which resistances should traders watch?

The next resistances are $211.78 and $222.27. If these levels are convincingly captured, then the path to $280 opens.

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In a major development for Central Asia’s digital finance landscape, Kyrgyzstan has launched a national stablecoin built on BNB Chain, the blockchain ecosystem supported by Binance.

The stablecoin, reportedly pegged to the Kyrgyz som (KGS), is designed to support domestic payments, cross-border settlements, and the country’s growing digital asset ecosystem.

Kyrgyzstan’s Central Bank has confirmed plans to pilot a CBDC (digital som) in multiple stages, starting with government transactions and social payments before expanding to public use.

CZ’s Visit: Strengthening Binance–Kyrgyzstan TiesDuring a two-day visit to Bishkek, Binance co-founder Changpeng Zhao (CZ) met with President Sadyr Japarov to discuss how blockchain could modernize Kyrgyzstan’s financial infrastructure and improve transparency in public finance.

CZ announced on X (formerly Twitter) that Kyrgyzstan has:

Launched its national stablecoin on BNB Chain.Initiated a CBDC rollout for government payments.Created a National Cryptocurrency Reserve that includes BNB.Partnered with ten universities to expand Binance Academy.Trained law enforcement agencies in crypto investigations.Localized the Binance app fully for Kyrgyz users.“It’s inspiring to see Kyrgyzstan embrace blockchain at a national level,” CZ posted. “Education, innovation, and regulatory clarity are key pillars for sustainable adoption.”

Regulatory Roadmap: A Sandbox for Blockchain InnovationPresident Japarov’s administration has prioritized digital asset regulation to attract foreign investment and enhance transparency. The National Council for Blockchain and Virtual Assets, of which CZ is now a member, is drafting laws to:

Define stablecoins and asset-backed tokens,Establish reserve and auditing requirements, andLaunch a “regulatory sandbox” allowing startups to test blockchain projects under supervision.According to CoinDesk, the Council will submit the initial legal framework within two months, including potential tax incentives for fintech firms and licensing standards for crypto operators.

The National Cryptocurrency Reserve: A First of Its KindKyrgyzstan’s newly announced National Cryptocurrency Reserve will include BNB, Bitcoin (BTC), and other major digital assets. The reserve aims to:

Diversify the country’s financial reserves,Hedge against fiat volatility, andSupport liquidity for the upcoming CBDC.Analysts say including BNB in a sovereign crypto reserve is an unprecedented show of confidence in Binance’s ecosystem.

The global crypto community responded positively. Many praised Kyrgyzstan’s bold approach, noting that small nations are now taking the lead in blockchain adoption.

BNB’s price rose about 2.5% following the announcement, with trading volume spiking across major exchanges. Market observers see this as renewed confidence in Binance after months of regulatory scrutiny.

“Choosing BNB Chain over Ethereum or Tron is a major endorsement,” said one analyst on X. “It could pave the way for other nations to build on Binance’s infrastructure.”

Why It MattersKyrgyzstan’s initiative could inspire other emerging economies to explore national stablecoins and CBDCs built on public blockchains.

It represents:

A new model of public-private blockchain collaboration,A real-world validation of the BNB Chain’s scalability, andA strategic move by Binance to strengthen ties with governments following recent legal challenges.For Changpeng Zhao, recently pardoned by U.S. President Donald Trump, this marks a symbolic return to global leadership — positioning Binance at the center of the next phase of digital finance.

What’s NextThe Kyrgyz government expects to:

Begin CBDC pilot tests by early 2026,Finalize digital asset regulations within the next quarter, andExpand blockchain education programs across universities nationwide.Binance, meanwhile, plans to support developer grants and local incubators through the BNB Chain Innovation Fund to accelerate Web3 adoption in Central Asia.

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A fresh soft-fork concept billed as a “temporary” fix for non-monetary data on Bitcoin has ignited one of the sharpest developer rows since the blocksize wars, with critics decrying the move as censorship theater—and, more explosively, as an attempt to force changes under the specter of legal liability.

The proposal—submitted on Oct. 24, 2025, to the Bitcoin Improvement Proposals (BIPs) repository as “Reduced Data Temporary Softfork”—seeks to “temporarily limit arbitrary data at the consensus level.” Authored by contributor “dathonohm,” it explicitly cites an earlier mailing-list idea from longtime developer Luke Dashjr and frames the effort as a short-run measure while longer-term designs are pursued. The pull request was labeled “New BIP,” with discussion organized around two activation paths described as “proactive” and “reactive.”

Although many in the debate refer to the document as “BIP-444,” the draft in the repository has not been assigned a number and still appears as “bip-????.mediawiki.” Even so, the conversation quickly escaped the confines of GitHub and the dev mailing list, morphing into a full-blown culture clash on X.

An ‘Attack On Bitcoin’?
At the core is a claim familiar from the inscription/Ordinals fights of 2023–2024: Bitcoin is “a monetary network,” not “an arbitrary data transfer protocol.” Supporters argue that constraining arbitrary payloads is about protocol purpose, not adjudicating content. In the draft’s discussion, the author stresses that limiting data avoids turning Bitcoin into “a content moderation system,” and contends that permissive data storage risks centralization and stigma if the chain becomes known as a venue for illegal material. “Node operators shouldn’t have to defend hosting arbitrary data just to participate in a monetary network,” one passage reads.

The draft also floats a one-year horizon by anchoring the rules to a specific block height. In the PR discussion, a reviewer asked why the document blocks at “987424,” noting that if the intent is “to have it be a year out,” the magic number should be explained in an FAQ because height would drift during debate. The author replied to “see the deployment section,” underscoring that the change is designed to expire.

What the change actually does is still being refined in the thread, but the direction is clear: clamp down on overt channels for large data blobs—explicitly OP_RETURN—and close obvious hiding spots in tapscript. One reviewer challenged the scope, noting that if the point were merely OP_RETURN, the draft would not also touch “MAST and OP_IF,” revealing that the specification aims beyond legacy datacarriers to curtail more expressive script paths that can be abused for storage.

That breadth—combined with the document’s rhetoric—sparked immediate blowback. “Luke is being very clear that he expects his soft-fork to get adopted due to legal threats,” said cryptographer Peter Todd.

He also amplified a separate line of attack: that the change could perversely create a censorship-based double-spend vector. “BIP-444 creates a ‘C-SCAM’ attack where you use censoring reorgs to double spend,” Todd wrote, echoing BitMEX Research’s warning that a malicious actor could embed illegal content on-chain “to cause a re-org and succeed with their attack,” thereby creating “an economic incentive for onchain CSAM.”

Galaxy’s head of research Alex Thorn weighed in even more bluntly: “this is explicitly an attack on bitcoin… however it’s also incredibly stupid.” Long-time Bitcoin developer Matt Corallo summarized the cultural dissonance with acid irony: “Bitcoin devs: ‘we have to be really careful…’ This BIP: ‘YOLO’.”

Bitcoin devs: “we have to be really careful when designing forks to ensure there is never even remotely any risk that funds are effectively seized by fork activation. That would set a terrible precedent and risk Bitcoin’s longevity”

This BIP: “YOLO” https://t.co/52nc0BlcPR

— Matt Corallo 🟠 (@TheBlueMatt) October 27, 2025

Todd also claimed to have demonstrated the futility of the approach. “Done with a decade old script that doesn’t even use segwit, let alone taproot… 100% standard and fully compatible with [Luke Dashjr’s] BIP-444,” he wrote alongside a transaction said to contain the entire text of the proposed BIP.

Done with a decade old script that doesn’t even use segwit, let alone taproot.

100% standard and fully compatible with @LukeDashjr‘s BIP-444. https://t.co/Ab7t82KYrk

— Peter Todd (@peterktodd) October 26, 2025

The episode underscores a technical reality the draft itself acknowledges: there will “always be ways to hide data,” which is precisely why the author frames the goal as raising costs, eliminating overt lanes, and—crucially—signaling that large unencrypted files are not a supported use case, thereby “minimizing legal liability for users who run nodes.”

If adopted, the proposal would have immediate implications for protocols that piggyback on witness/script space for non-monetary payloads—Ordinals-style inscriptions foremost among them—at least for the lifetime of the temporary fork. Critics counter that treating such activity as “abuse” is a normative move masquerading as neutrality, and that activating even a temporary fork which can strand funds or encourage censoring reorgs destroys a hard-won norm: forks must never set a precedent where funds can be effectively seized or transactions retroactively delegitimized.

At press time, BTC traded at $115,743.

Bitcoin tries to reclaim the channel, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com

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Ethereum price is gaining strong momentum today, driven by a mix of whale activity, institutional accumulation, and bullish technical indicators. Over the past few days, several on-chain signals and expert insights have pointed toward a potential Ethereum breakout as the network’s fundamentals strengthen.

Ethereum Whales Accumulation Surge One major catalyst for Ethereum’s price surge today is large-scale whale accumulation.
In the past 6 hours, a crypto whale sold 45.5 million TRX worth $13.6 million to buy 3,332.6 ETH at $4,084.

Over the past three months, the same whale has reportedly sold 629.27 million TRX (worth $217.3 million) to purchase 48,390 ETH at an average price of $4,490.

The transactions were made using addresses 0xc37704a457b1ee87eb657cae584a34961e86acac and TWtyvNirqUENVo7zyihU8Zzd4fhxxvRPLw, with the TRX tokens withdrawn directly from Binance.

This shows whales are shifting capital from TRON to Ethereum, a clear sign of growing confidence in ETH’s long-term potential.

Not all whale activity is bullish, though. Crypto influencer Richard Heart recently deposited over $105.9 million in ETH to Tornado Cash, a privacy mixer. While he still holds over $500 million worth of ETH, such large transfers sometimes create short-term selling pressure or market speculation.

However, the broader sentiment remains positive, as most on-chain data shows accumulation outweighing distribution.

SharpLink Gaming Buys $80 Million Worth of ETHInstitutional accumulation is another major driver behind Ethereum’s rising price. According to recent data, SharpLink Gaming purchased 19,271 ETH worth $80.37 million, bringing its total holdings to 859,295 ETH valued at $3.58 billion.

Such large institutional purchases add upward pressure to Ethereum’s price and signal growing trust from big investors who see Ethereum as the backbone of Web3, tokenization, and decentralized finance (DeFi).

ETH Price Analysis From a technical perspective, Ethereum’s chart shows a bull flag pattern, which often precedes strong price rallies. Currently, ETH is consolidating near the $3,825 support level within a triangle formation, with key upside targets at:

$4,500 – First breakout target
$4,955 – Challenge previous highs
$5,766 – 50% ETH/BTC ratio
$6,658 – 0.618 Fibonacci level
$9,547 – 100% ETH/BTC ratio retraceIf Ethereum breaks out above the $4,100–$4,200 zone, traders could see a rapid move toward $4,500 and beyond.

Ethereum Entering a “Supercycle”Fundstrat’s Tom Lee recently told CNBC that Ethereum activity across both L1 and L2 networks is growing fast, but the price hasn’t yet reflected that growth. He believes Ethereum could make a big move by year-end, with increasing adoption and on-chain utility driving momentum.

He even suggested that Ethereum might be in a supercycle similar to Wall Street’s explosive growth phase in 1971. According to Lee, if Ethereum regains its ETH/BTC ratio from 2021 highs, it could reach around $21,000 in the long term.

He added that companies like Larry Fink’s BlackRock and Robinhood are working to tokenize real-world assets, and nearly 70% of that tokenization is happening on Ethereum, solidifying its leadership position.

Ethereum Price Prediction for December 2025If Ethereum continues mirroring Bitcoin’s post-halving performance ETH could reach between $7,000 and $8,000 by December. With whales accumulating, institutions buying, and strong technicals backing the rally, Ethereum appears to be entering a powerful uptrend.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhat is the ETH price prediction for 2025?

As per our Ethereum price forecast 2025, the ETH price could reach a maximum of $9,428.11.

What will Ethereum be in 5 years?

According to our Ethereum Price Prediction 2030, the ETH coin price could reach a maximum of $71,594.69 by 2030.

How much would the price of Ethereum be in 2040?

As per our Ethereum price prediction 2040, Ethereum could reach a maximum price of $4,128,680.

How much will the ETH coin price be in 2050?

By 2050, a single Ethereum price could go as high as $238,189,500.

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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