Market Signal Briefing

Bitcoin (CRYPTO: BTC) remains range-bound around $88,000, but traders are bracing for potential volatility and downside risk.

Bitcoin And FOMC: A Complicated StoryHistorically, Bitcoin has reacted negatively around FOMC meetings with around 9% drop the last time.

Crypto chart analyst Ali Martinez noted that in 2025, BTC fell after seven of eight Fed decisions.

A 15% spike in May 2025 was the exception.

With January 2026 rate-cut odds extremely low (~2.8%), policy easing appears unlikely, keeping downside risks elevated.

FOMC weeks have consistently delivered higher volatility and post-announcement weakness, making caution essential.

First FOMC Of 2026: What Traders Are WatchingTrader Andrew Crypto noted that on lower timeframes, a liquidity sweeps into the FOMC around $85,000 followed by a bounce towards around $92,000 would not be surprising.

The closest heavy liquidity sits below price, roughly $84,800–$86,800 and remains untapped.

While upside liquidity exists, it is much farther away, making downside the more immediate draw from a liquidity perspective.

Trader Niels emphasized that markets will react less to the rate decision itself and more to the Fed's tone. The key question is whether the Fed signals a March rate cut.

Current odds of a 25 basis points cut remain extremely low at around 3%.

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Journalist

Posted: January 28, 2026

Bitcoin [BTC], the world’s largest cryptocurrency, continues to face bearish pressure as its short-term downtrend remains intact.

While market sentiment increasingly points to the possibility that a local top may already be forming, Bitcoin’s relationship with traditional equity markets presents a contrasting narrative, one that strengthens the case for a potential upside reversion.

Equity markets could set the stage for Bitcoin BTC and U.S. equity indices, particularly the S&P 500, Russell 2000, and Nasdaq, have historically shown a strong correlation in price movement.

In past cycles, this alignment has often resulted in both asset classes forming market tops around the same period, a pattern that has played out across four distinct cycles.

July 2023 stands out as a unique case. While these markets appeared to top around the same time, BTC recovered quickly, leaving other assets lagging for an extended period.

This cycle, however, is unfolding differently. Since September 2025, price action has diverged. Bitcoin has trended lower, while equities have maintained their bullish momentum.

Source: TradingView

In relative terms, BTC is down roughly 30%, while the S&P 500 has gained 6.32%, the Russell 2000 has advanced 13.27%, and the Nasdaq is up 7.74%.

This divergence places Bitcoin in a position of relative underperformance. Historically, such gaps have often narrowed over time, implying that Bitcoin could attempt to close the difference through upward price movement as capital continues to build.

While not guaranteed, the setup remains notable.

Can Bitcoin close the gap? Liquidity outflows remain Bitcoin’s primary challenge, and the market must reverse this trend to support a sustained recovery.

Capital outflows have dominated for several months. Looking at U.S. spot Bitcoin exchange-traded funds as a reference, investors have sold approximately $4.68 billion worth of Bitcoin between November and the present period, according to SoSovalue.

Despite this sustained selling, BTC’s price has held up relatively well. Since November 2025, when the asset recorded its first monthly net sales in two months, Bitcoin has declined from $91,200 to around $88,300 at the time of writing.

Source: Sosovalue

Market participants have absorbed much of this selling pressure, with Bitcoin’s value declining by roughly $2,900 despite the scale of outflows.

Bitcoin’s hashrate has also remained elevated during this period of price weakness. Historically, a rising hashrate reflects sustained network demand, as miners expand operations to meet participation levels.

Miner behavior further supports this view. Over recent days, miner-associated wallets have added more than 400 Bitcoin to their reserves, indicating a preference for accumulation rather than distribution. This dynamic supports Bitcoin’s short- to near-term price stability.

Stablecoin liquidity remains a key risk A major downside risk persists in the form of declining stablecoin liquidity.

Data from CryptoQuant shows a $7 billion outflow from ERC-20-based stablecoins, with total supply falling from $162 billion to $155 billion over a short period.

Source: CryptoQuant

The last comparable outflow occurred during the 2021 Terra-Luna collapse, a period that preceded a sharp decline in Bitcoin’s price.

Outflows of this magnitude typically reflect reduced risk appetite across the broader crypto market. With Bitcoin positioned at the center of that ecosystem, sustained stablecoin redemptions continue to place pressure on its near-term outlook.

Final Thoughts Bitcoin’s historical correlation with equities indicates the asset could be positioned for a catch-up move. The market continues to absorb selling pressure, though a $7 billion stablecoin outflow remains a key downside risk.

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Happy Tuesday! Bitcoin remains stuck below $90,000 as analysts warn cautious positioning and macro uncertainty are keeping risk appetite muted ahead of the Fed's latest interest rate decision on Wednesday.

In today's newsletter, Tether USDT launches its regulated USAT stablecoin, silver surpasses bitcoin's post-2017 gains, we examine what gold's surge and Clarity Act limbo mean for crypto markets, and more.

Meanwhile, an Ethereum whale wallet moved $397 million in ETH to Gemini this week after nine years of dormancy.

P.S. Don't forget to check out The Funding, a biweekly rundown of crypto VC trends. It's a great read — and just like The Daily, it's free to subscribe!

Tether officially launches 'Made in America' USAT stablecoin as mass TradFi adoption looms Tether, the world's largest stablecoin issuer, officially launched its USAT stablecoin, marking its first federally regulated, U.S.-focused dollar-backed token aimed at reentering the American market.

The rollout follows Congress's passage of the GENIUS Act, which established a federal framework for stablecoin issuance in the United States. USAT is issued through the federally regulated Anchorage Digital Bank, with Cantor Fitzgerald serving as reserve custodian and preferred primary dealer. Former White House crypto policy advisor Bo Hines is leading the firm's U.S. push as CEO of Tether's USAT unit. Tether positioned USAT as a compliant alternative to USDT, which is not issued under a U.S. federal regulatory framework and is not directly available to U.S. users through Tether, despite being widely traded and used on exchanges and decentralized platforms. The launch comes as traditional financial institutions accelerate stablecoin adoption, with major exchanges and payment platforms supporting USAT on debut. Gold's surge above $5,000 and Clarity Act limbo frame contrasting futures for crypto markets, Bitwise CIO says Bitwise CIO Matt Hougan said gold's surge above $5,000 reflects deepening institutional distrust in fiat systems, a backdrop that could ultimately strengthen crypto's core value proposition.

Hougan argued that self-custody and censorship resistance are becoming increasingly more tangible as governments and central banks reassess reliance on sovereign-controlled assets. However, he warned that fading odds for passage of the Clarity Act could push crypto into a multi-year "show me" phase driven by real-world utility rather than expectations. Hougan said approval of workable U.S. crypto legislation could spark a sharp market rally, but failure would likely lead to a slower, adoption-led path forward. Silver overtakes bitcoin's post-2017 gains as price hits new highs Not to be outshone by gold's record rally, silver surged past $115 an ounce on Monday, overtaking bitcoin's gains since the 2017 cycle peak.

Silver-linked ETFs saw explosive trading activity, with the iShares Silver Trust posting more than $32 billion in turnover, the highest volume of any security globally on the day. Analysts said momentum trading and psychological price milestones amplified the metals rally, with retail participation and AI-driven industrial demand adding fuel. Bitcoin lagged the surge as risk-off sentiment deepened, with spot bitcoin ETFs recording $1.7 billion in outflows over five straight sessions and prices struggling to regain momentum. Crypto payments network Mesh hits unicorn status after $75 million Series C led by Dragonfly Mesh has raised $75 million in a Series C round led by Dragonfly Capital, pushing the crypto payments network startup to a $1 billion valuation and unicorn status.

The funding round included stablecoin-settled capital, which Mesh said demonstrates blockchain-native payment settlement at an institutional scale. Mesh plans to use the fresh capital to expand globally, with a focus on Latin America, Asia, and Europe, while accelerating product development. The company said its unified crypto payments layer now reaches more than 900 million users through integrations across exchanges, wallets, and financial services platforms. Standard Chartered warns stablecoins could drain $500 billion from U.S. bank deposits by 2028 Standard Chartered warns that accelerating stablecoin adoption could pull up to $500 billion from U.S. bank deposits by 2028, framing the shift as a growing structural threat to traditional banking.

The bank's global head of digital assets research, Geoffrey Kendrick, said U.S. regional lenders face the greatest risk due to their heavy reliance on deposit-driven net interest margin income, while diversified banks face more moderate exposure, and investment banks appear least exposed. Regulatory uncertainty and rising blockchain-based payments could further accelerate deposit migration once crypto market structure and stablecoin rules are finalized, he said. In the next 24 hours U.S. mortgage data are released at 7 a.m. ET on Wednesday. The U.S. Federal Reserve's latest interest rate decision is due at 2 p.m. No change is forecast. U.S. President Trump is scheduled to speak at 8:30 a.m. A U.S. FOMC press conference follows at 2:30 p.m. Jupiter is among the crypto projects set for token unlocks. WallStreetBets Live 2026 gets underway in Miami. Never miss a beat with The Block's daily digest of the most influential events happening across the digital asset ecosystem.

Disclaimer: This article was produced with the assistance of OpenAI’s ChatGPT and reviewed and edited by our editorial team.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Key takeaways:

Ethereum reached 16.4 million weekly transactions, proving fees can stay below $0.20 during high demand.

Decentralized exchange volume across the Ethereum ecosystem hit $26.8 billion, signaling a return of investor interest.

Ether (ETH) experienced a 15.9% price correction during the seven days ending Sunday. This volatility triggered $910 million in liquidations for bullish leveraged ETH positions, fueling fears that the $2,800 support level—which has held firm for two months—might finally break. Despite this dip in trader confidence, several onchain and derivatives metrics suggest a potential short-term rally back to $3,300.

Base layer fees are critical for determining demand for a native token, followed closely by growth in transaction volume and active addresses. While Ethereum has faced criticism for prioritizing scalability through rollups, that strategy is paying off as activity on Base, Polygon, Arbitrum, and Optimism gains momentum.

Blockchains ranked by 7-day fees, USD. Source: NansenEthereum network fees jumped 19% over the last week, while competitors Tron and Solana saw declines relative to their recent trends. More importantly, the aggregate number of transactions on Ethereum layer-2s surged to 128 million, surpassing the totals of BNB Chain and Tron. This suggests the Ethereum ecosystem can scale effectively without sacrificing its core utility.

Decentralized exchange (DEX) activity is a primary indicator of capital inflows and network fees. While demand for perpetual contracts trading peaked in August 2025 and has declined since, the trend is shifting back toward Ethereum. This is largely due to average transaction fees dropping to $0.20, down from $0.50 in November 2025.

Ethereum 7-day DEX volumes, USD. Source: DefiLlamaWeekly DEX volumes on Ethereum reached $13 billion, up from $8.15 billion four weeks ago. Although Solana remains the leader with $30 billion in weekly volume, the total Ethereum ecosystem reached $26.8 billion. The Fusaka upgrade in December 2025 significantly boosted network data capacity and introduced transaction batch workflows, greatly improving the user experience. 

Ethereum dominance sticks even as professional traders turn neutralEthereum’s dominance in total value locked (TVL) remains strong evidence of investor preference for decentralization, even as BNB Chain and Solana struggle to capture more market share.

Total value locked (TVL) market share. Source: DefiLlamaProfessional traders are returning to a neutral stance between call (buy) and put (sell) options after a brief period of hedging against further losses. Contrary to the belief that whales anticipate every swing, the peak volume in put options actually occurred after ETH dropped below $2,800.

ETH options put-to-call volume ratio at Deribit. Source: Laevitas.chThe ETH options put-to-call volume ratio at Deribit neutralized between Monday and Tuesday, following five days favoring puts. Notably, Sunday’s 2x peak marked the highest level in over four months. Confidence appears to be returning as traders realize the risks associated with a US government funding shutdown had a limited impact on the market.

Ether’s price weakness contrasts with the S&P 500 is trading within 0.5% of its all-time high, while 5-year US Treasury yields have stabilized near 3.85%. Investors remain cautious about inflation and recession odds; the CME FedWatch tool shows the probability of the US Federal Reserve trimming rates to 3.25% or lower by July has dropped to 28%, down from 55% last month.

Ultimately, ETH path to $3,200 will likely be driven by sustained DEX activity, rising network fees, and the clearing of the uncertainty recently seen in the options markets.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

A potential intervention by American officials in the market for Japanese yen may have ripple effects for Bitcoin (CRYPTO: BTC) and other cryptocurrencies, analysts note.

Crypto chart analyst Ali Martinez pointed out that U.S. involvement would likely mean selling dollars and buying yen, an unusual but powerful signal in foreign exchange markets.

Historically, this kind of coordinated action has had far greater impact than Japan acting alone.

The Unlikely Link Between Yen Moves And BitcoinJapan's urgency stems from a persistently weak yen, rising domestic bond yields, and the Bank of Japan's gradual shift toward tighter policy.

That mix has global spillover effects.

Past episodes show that solo Japanese intervention tends to fade quickly, while joint action with the U.S. carries far more credibility and staying power.

In general, a weaker U.S. dollar benefits assets that thrive on currency dilution, Bitcoin included.

How U.S. Intervention Could Reshape Crypto MarketsOver the medium to long term, sustained dollar weakness would likely support BTC, especially given that Bitcoin still trades below levels many expected after years of global monetary expansion.

However, there is a key short-term risk.

A sharp yen rally could force an unwind of the yen carry trade, triggering sudden selling across risk assets, including cryptocurrencies.

A similar dynamic played out in mid-2024, when risk markets briefly sold off amid rapid foreign exchange moves.

Traders will be watching not just whether intervention happens, but how aggressive and coordinated the response turns out to be.

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Steak ’n Shake has increased its Bitcoin exposure by an additional $5 million in notional value, continuing what the company calls its ongoing “burger-to-Bitcoin transformation.”

In a post on X, the restaurant chain said all Bitcoin-denominated sales continue to flow into its Strategic Bitcoin Reserve (SBR), which it describes as a self-sustaining system designed to boost restaurant performance while expanding its BTC holdings.

“Our self-sustaining system — improving food quality that grows same-store sales that then grow the SBR — is transforming the chain via financial technology,” the company wrote.

The latest increase follows a $10 million BTC exposure expansion announced earlier this month, marking the second treasury-related move by the company in January alone. 

Steak ’n Shake began accepting BTC payments across U.S. locations in May 2025 using the Lightning Network, positioning the rollout as both a cost-cutting measure and a way to attract younger, crypto-native customers. 

The company previously said it saves roughly 50% on processing fees when customers pay with BTC instead of traditional card networks.

According to the company, same-store sales rose more than 10% in the second quarter of 2025 following the BTC payments rollout, a performance it has partially attributed to engagement from the Bitcoin community.

Beyond payments and treasury strategy, Steak ’n Shake has expanded its BTC integration into employee compensation. 

A company loyal to bitcoin Earlier this month, the chain announced a “Bitcoin bonus” for hourly employees, paying $0.21 per hour worked in BTC using infrastructure provided by BTC services firm Fold. The bonus vests over two years, with a full-time employee earning roughly $436 annually in BTC at current rates.

The chain has also leaned into BTC-themed marketing, launching a BTC steakburger, offering BTC rewards tied to menu items, and publicly distancing itself from adding alternative cryptocurrencies after backlash from BTC supporters.

Last fall, the company ran a poll on X over the weekend asking its 468,800 followers whether it should expand its crypto options to include Ethereum.

Nearly 49,000 votes were cast, with 53% in favor.

However, just four hours later, the company suspended the poll, declaring its allegiance to Bitcoiners. “Poll suspended. Our allegiance is with Bitcoiners. You have spoken,” Steak ‘n Shake posted. It’s unclear whether the company was seriously considering Ethereum.

Micah Zimmerman

Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.

Can Bitcoin Replace the Dollar? Tucker Carlson Challenges Peter Schiff in Fiery Crypto Debate

Hassan Shittu

Journalist

Hassan Shittu

Part of the Team Since

Jun 2023

About Author

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

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36 minutes ago

An old argument about the future of money re-emerged this week when U.S. media personality Tucker Carlson invited gold proponent Peter Schiff to a generalist discussion that linked Bitcoin, inflation, and the world position of the dollar in one.

Schiff has been a longtime critic of cryptocurrencies, and he used the interview as an opportunity to reiterate his opinion that Bitcoin is a speculative commodity with no use behind it other than to gain value.

He argued that if the proposal to establish a U.S. strategic position of Bitcoin was to provide a bailout to early adopters, it would be a taxpayer-funded bailout instead of a good monetary policy.

Schiff Slams Bitcoin Demand as Speculative TradeSchiff pointed out that the reason Bitcoin is in demand is primarily because buyers believe they will be able to sell it later at a higher price, a phenomenon that he likened to the greater fool theory, but not a productive investment.

This exchange was carried out in a wider context of inflation and government expenditure.

Schiff told Carlson that the official inflation statistics do not represent the actual cost of living experienced by households, arguing that modifications to the Consumer Price Index have been continuously understating price inflation.

He claimed that increasing prices are commonly charged to corporations when they are rather a response to money and credit proliferation.

Schiff also attacked fiscal policy in both Democratic and Republican administrations, specifically criticizing the Big Beautiful Bill proposed by President Donald Trump as exacerbating the deficit by expanding government expenditure and reducing taxes.

🗣️ Treasury Secretary Bessent urges Fed to accelerate rate cuts despite jobless claims at 208,000, calling easier policy the "only missing ingredient" for stronger economic growth.#Fed #RateCuthttps://t.co/1XytXIfpqG

— Cryptonews.com (@cryptonews) January 8, 2026 Schiff dated much of the current economic strains to the termination of the gold standard in 1971, when the U.S. dollar was fully fiat.

He opined that the value of the dollar used to be pegged against gold and that decades of cheap interest and money printing have destroyed buying capacity and corrupted asset prices.

Gold Hits New Highs as Schiff Questions Bitcoin’s Safe-Haven RoleChanging world dynamics also featured in the interview.

Schiff argued that because the dollar is the leading reserve currency in the world, the United States has been able to run consistent trade deficits, effectively spending more than it produces.

He said that such an arrangement is straining because nations are reevaluating their exposure to the dollar, especially because sanctions on Russia have given people a real-life lesson about the dangers of holding dollar-denominated reserves.

He observed that central banks have diversified more into gold, and this has been evidenced by the recent price trends.

The global trade tensions and a rise of over 17% in January have started to push gold prices to new all-time highs of above $5,000.

By contrast, Bitcoin at one point dropped below $86,000 over the same time, a move that Schiff used as an excuse to say that investors are looking to buy traditional stores of value and not speculative ones.

Schiff Rejects Bitcoin as Dollar AlternativeWhen Carlson challenged Schiff on the reason why Bitcoin would not take the place of the dollar as confidence in fiat currencies craters, Schiff dismissed the notion.

He stated that bitcoin had no intrinsic value and non-monetary demand and was thus not a suitable reserve currency among central banks, which needed stability and mass liquidity.

In a statement, both fiat currency and Bitcoin are based on confidence, but gold is unique since it is a tangible good that is used in gold jewelry, electronics, aerospace, and medicine.

The debate was a broader discussion that was being enacted over financial markets and policy circles.

Proponents of Bitcoin are now more often arguing that it is digital gold because it has a limited supply and is non-sovereign, while the U.S. debt has risen to over $37 trillion.

Billy Markus, Dogecoin co-founder, shares a satirical take on the crypto market crash as Bitcoin drops while gold and silver reach record highs amid geopolitical tensions.

Newton Gitonga2 min read

27 January 2026, 07:54 PM

Billy Markus, co-founder of Dogecoin, has once again turned to social media to share his satirical take on recent market movements. The cryptocurrency developer posted a meme claiming he sold his digital assets to purchase gold and silver, coinciding with a dramatic shift in global markets.

The post came as a response to The Kobeissi Letter, which reported that cryptocurrency markets lost $1.7 trillion in market capitalization within 90 minutes. The financial analysis firm described the event as one of the largest market reversals in recorded history.

Markus, known for his ironic commentary on X, used the meme format to highlight the stark contrast between cryptocurrency performance and precious metal gains. His post reflects his long-standing skeptical stance toward crypto trading despite creating one of the most recognized digital currencies.

Bitcoin Struggles Amid Market VolatilityBitcoin experienced significant turbulence over the past week. The leading cryptocurrency dropped nearly 8% between Monday and Sunday, falling from $93,300 to approximately $86,400. The digital asset briefly recovered 2.68% to reach $88,720 before encountering resistance.

The recovery proved short-lived as Bitcoin reversed course and settled back around $88,351 at the time of reporting. This volatility demonstrates the ongoing challenges facing cryptocurrency markets during periods of geopolitical uncertainty.

Markus has repeatedly expressed skepticism about Bitcoin's role as an investment vehicle. He views the digital currency as a speculative asset vulnerable to displacement when alternative investments gain momentum. His perspective stands in contrast to many cryptocurrency enthusiasts who champion Bitcoin as a hedge against traditional financial systems.

Gold and silver reached new all-time highs amid escalating global tensions. Investors seeking safe-haven assets drove demand for precious metals, pushing prices to unprecedented levels. This movement reflects traditional market behavior during periods of uncertainty.

The precious metal rally attracted attention from prominent investors beyond the cryptocurrency space. Robert Kiyosaki, author of "Rich Dad Poor Dad," celebrated the surge in gold and silver prices. Kiyosaki has advocated a diversified investment approach, including Bitcoin, gold, and silver, for over 6 years.

His consistent messaging across social media platforms promotes these three assets as a form of protection against economic instability. The recent price movements align with his long-term investment philosophy and recommendations.

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Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.

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BitcoinLatest Cryptocurrencies News Today

Prediction markets on the BNB Chain have seen massive growth over the past months, with the leading platforms within the ecosystem reaching remarkable levels and their cumulative trading volume hitting a new milestone.

BNB Chain Sees Prediction Markets Explosion On Monday, BNB Chain announced that prediction markets in the ecosystem reached a new milestone, surpassing the $20.91 billion mark in cumulative trading volume over the weekend.

Notably, the BNB Chain has expanded its presence over the past few months, diversifying with key players such as Opinion Labs, Probable, Myriad Markets, Predict.Fun, and XO Markets.

Cumulative volume of prediction markets on BNB Chain. Source: Dune Prediction markets are one of the most popular ways to forecast events and manage risk at scale, the BNB Chain explained in a blog post, becoming “powerful tools for smarter decisions in finance, governance, and beyond.”

“From elections and sports to AI milestones and macroeconomic shifts, prediction markets transform scattered knowledge into actionable signals. Platforms like Polymarket, which saw over $2B in volume in October 2024, prove that decentralized markets can even outperform centralized forecasters,” they added.

According to Dune data, prediction markets within the ecosystem have seen a significant surge since Q4, increasing nearly 89% just in the past month. The data also shows that BNB Chain has taken the lead in weekly trading volume by chain, surpassing off-chain prediction markets, Polygon, Solana, and Base since the start of 2026.

Moreover, DeFiLlama data indicate that three platforms in the BNB ecosystem are currently among the top 5 prediction markets, only behind Kalshi and Polymarket, signaling increasing adoption.

Opinion Labs ranks third in the list, with its 7-day and 30-day trading volumes reaching $725.56 million and $3.35 billion, respectively. Meanwhile, its open interest exceeded $144 million as of late January.

Probable has seen $558 million in volume over the past 7 days and $1.05 billion in the last 30 days. The platform has also reached a $1.4 billion in notional volume and over 17,000 users just a month after its launch.

ETF Push And Price Recovery The recent milestone comes as major institutional players share interest in the BNB token. Last week, Grayscale filed an S-1 form with the US Securities and Exchange Commission (SEC) to launch a spot Exchange-Traded Fund (ETF) based on the cryptocurrency.

If approved, the Grayscale BNB Trust (GBNB) will “reflect the value of BNB held by the Trust, including BNB earned as Staking Consideration” and offer investors exposure to the token without having to hold it directly.

As of this writing, BNB’s price has recovered from Sunday’s correction and is attempting to turn a key area back into support. Market observer Rose Premium Signals highlighted that the cryptocurrency bounced from the strong $860 demand zone after the sharp corrective move.

Moreover, it held the key Fibonacci retracement area, “which increases the probability of a bullish reaction.” If the altcoin successfully reclaims the $900 area as support, the analyst suggested that a retest of the $937 and $980 targets could follow.

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

21h05 ▪ 4 min read ▪ by Luc Jose A.

Summarize this article with:

A rare signal, dreaded by traders, has resurfaced on the bitcoin chart. For the first time since 2022, the asset crosses a critical technical zone, reviving the memory of a prolonged bear market. This moving average crossover, often associated with lasting reversals, fuels concerns of an already seen scenario. While post-halving euphoria struggles to convince, this return to a forgotten configuration could well mark an unexpected turning point in the current BTC cycle.

In brief Bitcoin sends a rare technical signal, last observed in 2022, via a weekly moving average crossover. This crossover is often associated with a lasting bearish reversal, as in the previous cycle that led BTC to $15,600. Analysts question the relevance of the four-year cycle, as the current dynamic suggests a classic bearish scenario. The Bitcoin/silver ratio returns to levels seen after the FTX collapse, triggering strong reactions among some traders. The bearish crossover signal : a return to 2022 market patterns For the first time since April 2022, the 21-week exponential moving average (EMA) of bitcoin has crossed below its 50-week counterpart, while crypto is already falling amid declining risk appetite.

This technical event, closely followed by analysts, was confirmed by Rekt Capital who stated this Monday on X : “the bullish market exponential moving averages of Bitcoin have officially crossed”.

This crossover is seen as a trend reversal indicator and, historically, it has often marked the start of prolonged consolidation phases. During the previous similar crossover, which occurred in Q2 2022, bitcoin took about seven months to form a bottom at $15,600 in November of the same year.

This technical setup fuels discussions about the current cycle structure. While some observers still challenge the validity of the four-year model, several analysts see it as an almost mechanical repetition of a previously experienced bearish scenario. The following elements were noted in this analysis:

The 21W EMA has crossed below the 50W EMA : a signal identical to that of the 2022 bear market ; The history of the previous crossover : 7 months of decline before reaching a significant low ; The current consolidation zone : BTC oscillates around $65,000, with no confirmation of a bullish recovery ; A dominant technical reading: several analysts mention “a classic bear market setup”, suggesting a gradual weakening rather than a brutal crash. The Bitcoin/silver ratio : a return to post-FTX levels Another worrying signal comes from the behavior of bitcoin against precious metals, particularly silver.

Analyst Daan Crypto Trades pointed out that the BTC/Silver ratio has returned to its end-2022 levels, a period marked by the collapse of the FTX platform. “Bitcoin is currently trading against silver at levels equivalent to those observed during the FTX collapse” he commented on X, calling this observation “amazing”. The chart, shared with his followers, shows that silver reached this level in half the time of bitcoin, despite a general upward trend against the dollar.

This performance asymmetry raises questions about the current perception of risk and the hierarchy of assets considered safe havens. Although both assets have experienced nominal value appreciation, their relative evolution reflects a market shift in interest toward tangible assets.

Daan’s post concludes : “which clearly shows the real reason for these movements: the depreciation of fiat currencies”. This remark reveals growing concerns about monetary depreciation and suggests that BTC’s relative performance could now be influenced by macroeconomic arbitrages rather than dynamics inherent to crypto.

While technical signals recall the dark days of 2022, Bitcoin investor sentiment drops due to US government shutdown fears. Between macroeconomic tensions and bearish indicators, the market remains poised awaiting confirmation or denial of a new retracement cycle.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

TL;DR

Bitmine Immersion now stakes more than half of its Ethereum reserves, reinforcing Ethereum’s role as a yield-generating treasury asset for corporations. The company relies on an institutional solo staking model supported by proprietary validator infrastructure, operating close to 70,000 validators. With over $6.5 billion in ETH locked, Bitmine generates an estimated $190 million to $200 million in annual staking revenue while holding one of the largest Ethereum treasuries worldwide.
Ethereum continues to gain relevance as a corporate treasury asset, and Bitmine Immersion stands at the center of this shift. The company now stakes more than 50% of its Ethereum reserves, showing how large balance sheets increasingly seek on-chain yield rather than relying on traditional intermediaries.

Bitmine staked another 209,504 ETH ($610M) today

In total, Bitmine has staked 2,218,771 ETH ($6.52B), over 52% of its total holdings. – @arkham pic.twitter.com/YPB1gNOhYa

— Cam (@CryptoNews_eth) January 27, 2026

Ethereum Treasury Giant Bitmine has confirmed that more than half of its ETH holdings are actively staked, based on on-chain data from Arkham Intelligence. Earlier today, the firm transferred an additional 209,504 ETH into staking contracts, lifting its total staked balance to around 2,218,771 ETH. At current market prices, this represents approximately $6.52 billion, or about 52% of its total Ethereum holdings.

Bitmine is chaired by Tom Lee, known for his leadership at Fundstrat, and has positioned Ethereum as a productive treasury asset rather than a passive store of value. By committing such a large share of its reserves to staking, the company earns native network rewards while retaining direct exposure to ETH. This strategy aligns with Ethereum’s proof-of-stake architecture, which allows long-term holders to secure the network and earn yield at the protocol level.

Institutional Solo Staking And Validator Operations Bitmine uses an institutional solo staking model through its proprietary infrastructure, MAVAN (Made in America Validator Network). Each 32 ETH locked activates a dedicated validator instance fully operated by the company. With more than 2.2 million ETH staked, Bitmine manages close to 70,000 validators, placing it among the largest single operators on the Ethereum network.

This setup removes reliance on third-party custodians or pooled staking services, reducing counterparty exposure and preserving operational control. Under current network conditions, the staked ETH is estimated to generate between $190 million and $200 million in annual recurring revenue. For corporate treasuries, this demonstrates how Ethereum staking functions as a native yield strategy comparable to traditional income-generating assets.

Market Concentration And Treasury Context Data from CoinGecko shows that Bitmine holds roughly 4,243,338 ETH, valued near $12.4 billion. This gives the firm nearly five times more Ethereum than SharpLink, the second-largest known corporate holder. In traditional equity markets, a single corporation controlling around 3.5% of a major asset class would be highly unusual, highlighting how digital assets enable different forms of capital concentration.

Key Takeaways Marriott posted ~4.3% net room growth in 2025, adding 700 properties and nearly 100,000 rooms worldwide.MAR ended 2025 with a 610,000-room pipeline, up 5.7% year over year, driven by strong global deal activity.Marriott expanded its portfolio with citizenM, midscale brand growth and record luxury deal signings in 2025. Marriott International, Inc. (MAR - Free Report) has shared key highlights from a highly successful 2025 ahead of its fourth-quarter and full-year results. The company delivered broad-based expansion across all segments, entered new global destinations and strengthened collaboration with hotel owners, reflecting disciplined execution of its growth strategy and the strength of its global teams.

Marriott commemorated 25 years of leadership in branded residences by delivering a record year of expansion, with 55 deals signed, 149 locations open and 175 residences in the pipeline.

Key Growth Metrics From MarriottIn 2025, Marriott achieved robust global growth, with net room growth of approximately 4.3%, adding over 700 new properties and nearly 100,000 rooms. The company closed the year with a development pipeline of around 610,000 rooms, up 5.7% year over year, supported by roughly 1,200 organic deals totaling about 163,000 rooms. Strong regional momentum was evident, with 94 deals signed in the Caribbean and Latin America (CALA), 187 in the Asia Pacific excluding China and a record 201 in Greater China.

Marriott also maintained strong conversion activity, completing nearly 400 deals covering over 50,800 rooms — accounting for more than 30% of organic signings — with approximately 75% of conversions opening within a year.

Growth Led by Expansion and Brand DealsMarriott accelerated portfolio growth in 2025 through strategic brand expansion and deal activity, highlighted by the acquisition of citizenM, which was integrated in the fourth quarter and added more than 35 hotels and nearly 9,000 rooms. By year-end, the company had opened 37 properties, representing approximately 2,600 rooms, across 23 cities in the country. To support global scaling, Marriott also signed 13 agreements in 2025 to introduce Series by Marriott to key U.S. and Canadian markets, with two hotels opening in the fourth quarter.

The company further strengthened its midscale presence with three dedicated brands — City Express by Marriott, StudioRes and Four Points Flex by Sheraton. City Express emerged as a leading signing brand, ending the year with 158 open hotels and 150 in the pipeline, supported by expansion across CALA and new global markets. StudioRes marked its debut with its first opening in Florida and finished the year with four open properties and 85 under development, while Four Points Flex by Sheraton, Marriott’s fastest-growing brand in Europe, closed 2025 with 54 open hotels and 22 in the pipeline.

Marriott strengthened its leadership in luxury, signing a record 114 deals, nearly 10% of its annual organic signings and closing the year with 296 hotels and resorts (~60,000 rooms) in the luxury pipeline. EMEA led regional luxury growth with 40 deals, while JW Marriott recorded 27 agreements, including its first property in Uzbekistan. Lifestyle luxury brands EDITION and W Hotels saw milestone openings like The Lake Como EDITION and W Punta Cana, and the company added 10 luxury resorts, including The St. Regis Cap Cana. The Ritz-Carlton Reserve also expanded with two new properties in Mexico and Costa Rica, catering to travelers seeking unique, remote destinations.

MAR’s Share Price PerformanceShares of MAR have gained 9.7% in the past year, outperforming the Zacks Hotels and Motels industry’s 3.1% decline. The company is expected to continue benefiting from strong leisure demand, solid global booking trends and RevPAR growth across international markets, and the solid expansion plans, especially in Asia, Latin America, the Middle East and Africa.

Image Source: Zacks Investment Research

MAR’s Zacks Rank & Key PicksMarriott currently carries a Zacks Rank #3 (Hold).

Here are some better-ranked stocks from the Consumer Discretionary sector:

American Public Education (APEI - Free Report) currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.

The company delivered a trailing four-quarter earnings surprise of 173.7%, on average. APEI stock has moved up 49.2% in the past six months. The Zacks Consensus Estimate for APEI’s 2026 sales and EPS indicates an increase of 7.1% and 106.5%, respectively, from the year-ago levels.

Stride, Inc. (LRN - Free Report) currently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 12.1%, on average. LRN stock has declined 45.1% in the past six months.

The Zacks Consensus Estimate for Stride’s fiscal 2026 sales and EPS implies growth of 4.6% and 3.1%, respectively, from the year-ago levels.

Carnival Corporation & plc (CCL - Free Report) currently has a Zacks Rank of 2. The company delivered a trailing four-quarter earnings surprise of 160%, on average. CCL stock has declined 4.5% in the past six months.

The Zacks Consensus Estimate for Carnival’s fiscal 2026 sales and EPS implies growth of 4.4% and 12.9%, respectively, from the year-ago levels.

NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against CoreWeave, Inc. (“CoreWeave” or the “Company”) (NASDAQ: CRWV) and certain officers. The class action, filed in the United States District Court for the Western District of Texas, and docketed under 26-cv-00355, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired CoreWeave securities between March 28, 2025 and December 15, 2025, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired CoreWeave securities during the Class Period, you have until March 13, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.  

[Click here for information about joining the class action]

CoreWeave purports to be an artificial intelligence (“AI”) cloud computing company and self-described “Hyperscaler”, which its Prospectus (defined below) defined as “a cloud provider or technology company that is capable of delivering computing infrastructure and services at massive scale, typically through large data centers and geographically distributed networks.”

CoreWeave purports to generate substantially all of its revenue from committed long-term contracts providing customers with access to its AI infrastructure and proprietary managed software and application services through CoreWeave Cloud Platform (the “Cloud Platform”). 

CoreWeave recognizes revenue from such contracts only once it completes installation of the infrastructure necessary to provide its customers with access to the Cloud Platform, including the data centers that house the hardware on which its proprietary software runs.  Such data centers are also known as “powered shells.”  After executing a committed contract and receiving a prepayment from its customer, CoreWeave purchases infrastructure components and installs systems necessary to provide its contracted services.  Only after the necessary system infrastructure installation is complete and a contract goes live does CoreWeave recognize revenue from the contract.

CoreWeave’s Cloud Platform is hosted in its distributed network of active purpose-built data centers.  Without these underlying data centers, CoreWeave is unable to sell its services to customers or recognize revenue from committed long-term contracts for its services. 

On March 10, 2025, less than three weeks before CoreWeave conducted its initial public offering (“IPO”), the Company announced a deal worth up to $11.9 billion to deliver AI infrastructure to Open AI, a leading AI company.  This announcement served only to bolster investors’ anticipation of CoreWeave’s IPO.

On March 28, 2025, CoreWeave conducted its IPO, selling 37.5 million shares of common stock priced at $40.00 per share and raising $1.5 billion (the "Prospectus"). 

On March 31, 2025, CoreWeave filed a prospectus on Form 424B4 with the United States Securities and Exchange Commission in connection with the IPO.

In the months following CoreWeave’s IPO, its stock price skyrocketed to prices as high as $183.58 on June 20, 2025, a 348.95% increase from the offering price.  During this time the Defendants consistently represented to investors that the demand for CoreWeave’s services was “robust” and “unprecedented,” and made positive revenue forecasts in part due to this demand. 

However, constantly looming over CoreWeave was the question of how it could meet this “robust” and “unprecedented” customer demand, given the limitations on the infrastructure underlying its AI services.  The data centers necessary to CoreWeave’s Cloud Platform are highly specialized and in certain cases, designed to meet a customer’s bespoke needs.  The limitations referenced above arise because only a limited number of suppliers provide the components and materials necessary to construct these specialized data centers and their contents.

Nevertheless, CoreWeave consistently issued positive revenue guidance during the Class Period—even raising its guidance on one occasion, as discussed infra at ¶ 55)— while steadily assuring investors that it was equipped to capitalize on the high customer demand for its AI services.

On July 7, 2025, CoreWeave announced a definitive agreement to acquire Core Scientific, Inc. (“Core Scientific”), one of the largest owners and operators of digital infrastructure for high performance computing in North America, in an all-stock transaction (the “Core Scientific Acquisition”).  In its announcement, the Company quoted CoreWeave’s Co-Founder and Chief Executive Officer, Defendant Michael Intrator, as stating the Core Scientific Acquisition enabled CoreWeave to “significantly enhance operating efficiency and de-risk our future expansion, solidifying our growth trajectory.”

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Defendants had overstated CoreWeave’s ability to meet customer demand for its service; (ii) Defendants materially understated the scope and severity of the risk that CoreWeave’s reliance on a single third-party data center supplier presented for CoreWeave’s ability to meet customer demand for its services; (iii) the foregoing was reasonably likely to have a material negative impact on the Company’s revenue; (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

During market hours on October 30, 2025, Core Scientific announced it had not received enough shareholder votes to approve its merger agreement with CoreWeave and, as a result, terminated the merger agreement.

On this news, CoreWeave’s stock price fell $8.87 per share, or 6.33%, to close at $131.06 per share on October 30, 2025.

Then, after market hours on November 10, 2025, CoreWeave issued a press release reporting its financial results for quarter ended September 30, 2025.  Also on November 10, 2025, CoreWeave held a conference call concerning its financial results for the quarter ended September 30, 2025 (the “Q3 2025 Earnings Call”).  During the Q3 2025 Earnings Call, Defendants announced lowered revenue guidance for 2025, citing “delays related to a third-party data center developer who is behind schedule.”

Then, during market hours on November 11, 2025, Defendant Intrator appeared for an interview on CNBC’s “Squawk on the Street,” hosted by Jim Cramer (the “CNBC Interview”).  During the CNBC Interview, after Cramer challenged his initial characterization of the delays at issue, Defendant Intrator conceded that the delays implicated not just one data center, but a single data center provider—i.e., that more than one data center owned by the same provider was potentially affected.   

On this news, CoreWeave’s stock price fell $17.22 per share, or 16.31%, to close at $88.30 per share on November 11, 2025.

Then, after market hours on December 15, 2025, the Wall Street Journal published an article reporting new information concerning the data center provider delays, revealing that the scope and severity of data center delivery issues were greater than Defendants acknowledged during the Q3 2025 Earnings Call and the CNBC Interview.  The article revealed that weather-related delays would push back the completion date of a Denton, Texas data center cluster intended for OpenAI by several months, that other data centers would be delayed due to revised design plans, that Core Scientific was CoreWeave’s building partner behind the delayed data centers, and that Core Scientific began flagging these delays nine months before CoreWeave announced lowered revenue guidance in November 2025.

On this news, CoreWeave’s stock price fell $2.85 per share, or 3.39%, to close at $69.50 per share on December 16, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered billions of dollars in damages awards on behalf of class members. See www.pomlaw.com.

 Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 

General Motors Company (GM) Q4 2025 Earnings Call January 27, 2026 8:30 AM EST

Company Participants

Ashish Kohli - Vice President of Investor Relations
Mary Barra - Chairman & CEO
Paul Jacobson - Executive VP & CFO
Susan Sheffield - President & Chief Executive Officer

Conference Call Participants

Dan Levy - Barclays Bank PLC, Research Division
Michael Ward - Citigroup Inc., Research Division
Joseph Spak - UBS Investment Bank, Research Division
Andrew Percoco - Morgan Stanley, Research Division
James Picariello - BNP Paribas, Research Division
Itay Michaeli - TD Cowen, Research Division
Colin Langan - Wells Fargo Securities, LLC, Research Division
Emmanuel Rosner - Wolfe Research, LLC
Ryan Brinkman - JPMorgan Chase & Co, Research Division
Mark Delaney - Goldman Sachs Group, Inc., Research Division

Presentation

Operator

Good morning, and welcome to the General Motors Company Fourth Quarter and Full Year 2025 Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded Tuesday, January 27, 2026.

I would now like to turn the conference over to Ashish Kohli, GM's Vice President of Investor Relations.

Ashish Kohli
Vice President of Investor Relations

Thanks, Amanda, and good morning, everyone. We appreciate you joining us as we review GM's financial results for the fourth quarter and full year 2025. Our conference call materials were issued this morning and are available on GM's Investor Relations website. We are also broadcasting this call via webcast.

Joining us today are Mary Barra, GM's Chair and CEO; along with Paul Jacobson, GM's Executive Vice President and CFO. Susan Sheffield, President and CEO of GM Financial will also be joining us for the Q&A portion.

On today's call, management will make forward-looking statements about our expectations. These statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include the factors identified in our filings with the SEC. Please review

Key Takeaways KLAC expects fiscal Q2 revenues of $3.225B $150M and EPS of $8.70 78c, both higher year over year.Demand for AI chips, advanced packaging, and process control is fueling KLAC's top-line growth. Gross margin may be pressured by product mix and tariffs, despite KLAC's solid cash flow and strong demand. KLA (KLAC - Free Report) is set to report its second-quarter fiscal 2026 results on Jan. 29.

For the to-be-reported quarter, KLAC expects revenues of $3.225 billion, plus/minus $150 million. The Zacks Consensus Estimate for revenues is pegged at $3.26 billion, indicating an increase of 6.1% from the year-ago quarter’s reported figure.

KLA expects non-GAAP earnings of $8.70 per share, plus/minus 78 cents. The consensus mark for earnings is pegged at $8.82 per share, up 3 cents over the past 30 days, indicating year-over-year growth of 7.6%.

Consensus Estimate Trend
Image Source: Zacks Investment Research

KLAC’s earnings have surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 5.86%. 

Let us see how things have shaped up for the upcoming announcement.

Key Factors to Note Ahead of KLAC’s Q2 ResultsKLA is benefiting from its dominant process control market share, strong AI infrastructure investment and momentum in advanced packaging. AI continues to serve as a key catalyst for KLA as compute efficiency advancements fuel demand for advanced semiconductors and sophisticated process control solutions.

KLA’s fiscal second-quarter results are expected to have benefited from the growing importance of process control, as it reduces time to debug process integration challenges in the fab ramp phase and optimizes yield across a high-volume manufacturing environment. An increasing complexity of advanced packaging is creating strong demand for KLA’s process control solutions.

The advanced packaging business has robust growth prospects driven by increasing complexity in chip integration and expanding AI infrastructure requirements. Strong spending in development of leading-edge logic nodes and high-bandwidth memory in DRAM is expected to have driven KLAC’s top-line growth in the to-be-reported quarter.

However, gross margin in the to-be-reported quarter is expected to have suffered from an unfavorable product mix as well as a negative impact of tariffs.

KLAC Shares Outperform Sector & PeersKLA shares have jumped 119.5% in the trailing 12 months, outperforming the Zacks Computer and Technology sector’s return of 25.9% and the Zacks Electronics-Miscellaneous Products industry’s appreciation of 40.4%. The company has outperformed peers, including Applied Materials (AMAT - Free Report) , Teradyne (TER - Free Report) and Axcelis Technologies (ACLS - Free Report) , in the past year. Shares of Applied Materials, Teradyne and Axcelis have returned 84.8%, 90% and 30.7%, respectively, over the same timeframe.

KLAC Stock’s Performance
Image Source: Zacks Investment Research

The KLAC stock is not so cheap, as suggested by the Value Score of F. In terms of the forward 12-month price-to-earnings (P/E), KLAC is trading at 38.36X, higher than the broader sector and peers. The broader sector is trading at 27.21X while Applied Materials and Axcelis trade at 31.95X and 20.22X, respectively. However, Teradyne is pricey with a P/E multiple of 44.69.

KLAC Stock is Trading at a Premium
Image Source: Zacks Investment Research

KLA's Prospects Ride on Strong Advanced Packaging GrowthKLA is benefiting from strong demand for leading-edge logic, high-bandwidth memory (HBM) and advanced packaging, which is driving top-line growth. Growth of advanced packaging supporting heterogeneous chip integration has become a new market for KLA, which is currently worth $11 billion and growing faster than core WFE.

Moreover, the growing investment in custom silicon, particularly among hyperscalers developing their own custom chips, has led to a proliferation of unique device designs. This has put customers under pressure to deliver performance, volume and time to market, resulting in strong demand for advanced process control. This aids KLA’s prospects as each new chip design requires rigorous inspection, metrology and yield optimization solutions.

KLA generates solid cash flow, which allows management the opportunity to invest in product innovations, acquisitions and business development. The company ended the first quarter of fiscal 2026 with $4.7 billion in total cash, cash equivalents and marketable securities and $5.9 billion in debt. The company has a flexible and attractive bond maturity profile.

KLAC expects to meaningfully outperform the mid-to high single-digit WFE growth rate estimated in 2025, driven by rising process control intensity, inclusive of the significant growth of the advanced packaging market. For 2026, HBM is expected to grow faster than overall logic/foundry growth. Over the long term, KLAC targets to deliver 40% to 50% incremental non-GAAP operating margin leverage on strong revenue growth.

ConclusionKLAC is benefiting from strong demand for leading-edge logic, HBM and advanced packaging, which is driving market share growth in the semiconductor industry. Accelerating investment in AI infrastructure bodes well for KLA’s prospects. The company’s robust portfolio and its leadership in process control systems are enabling customers to manage increasing design complexity. These factors justify a premium valuation.

KLA currently sports a Zacks Rank #1 (Strong Buy) and a Growth Score of B, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today’s Zacks #1 Rank stocks here.

A Chevron logo at the Chevron building in Houston, Texas, U.S. August 19, 2025. REUTERS/Kaylee Greenlee/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesChevron seeks improved terms for West Qurna 2 oilfield, sources sayIraq nationalized operatorship of oilfield after U.S. sanctions on LukoilIraq has improved oil contract terms in deals with majors in past two yearsBASRA/LONDON, Jan 27 - U.S. oil major Chevron (CVX.N), opens new tab is pushing Iraq to improve returns on the giant West Qurna 2 oil field as a condition for buying the project from Russia's Lukoil (LKOH.MM), opens new tab, three sources familiar with the matter said.

Earlier this month, Iraq nationalised the oilfield after the U.S. imposed sanctions on Lukoil to put pressure on Russia to end its war in Ukraine.

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The sanctions made it difficult for Lukoil to operate its international operations including West Qurna, which is one of the world's largest oilfields, accounting for about 0.5% of global oil supply and nearly 10% of Iraq's output.

Days after the nationalisation, Iraq's oil minister said talks were ongoing with Chevron regarding the field.

Lukoil has until February 28 to sell its assets under the U.S. sanctions.

CHEVRON, OIL MINISTRY IN TALKS ON TERMSChevron and the Iraqi oil ministry are in talks on improving the contractual terms, the three sources said. Any deal on new terms would require Iraq's cabinet approval, two out of the three sources said.

A Chevron spokesperson said the company does not comment on commercial matters. "Chevron has a diverse exploration and production portfolio globally and continues to assess potential opportunities," the representative said.

"In all its activities, Chevron operates under a code of business ethics and complies with laws and regulations applicable to our business."

Iraq's oil ministry said on Tuesday that talks continued with Chevron.

"The negotiations are still ongoing, with many details remaining under discussion," the ministry told Reuters.

Lukoil did not respond to a request for comment.

FURTHER PUSH INTO IRAQA deal for Chevron in West Qurna 2 would mark a further push into Iraq for the U.S. oil major after it agreed to develop several fields in the country as part of an international expansion since completing a deal to acquire U.S. oil producer Hess for $53 billion in 2025.

Iraq, the world's seventh-largest oil producer, has improved the terms of its oil contracts in deals signed with global oil majors in the past two years as it seeks to attract investment and increase output.

Top oil companies including TotalEnergies and BP have signed deals with combined investment pledges of over $50 billion, marking a reversal of what had been an exodus of producers due to poor returns under prior contract terms.

Baghdad switched to profit-sharing agreements and away from service contracts to bring the oil majors back.

Lukoil's West Qurna 2 project was under the earlier service contract agreements. The deal was one of the first projects signed by Iraq with oil firms after the U.S. invasion in 2003, and pays among the smallest returns among all Iraqi contracts, industry sources say.

Iraq's output has grown to more than 4 million barrels per day in 2025 from around 2.5 million bpd prior to the U.S. invasion in 2003.

The country has failed to reach ambitious targets that Iraq promised after the war of raising capacity to 9-12 million bpd.

State-run Basra Oil Company has taken over the field's operations for 12 months while waiting for the ownership issue to be resolved, two officials at the firm told Reuters.

Reporting by Aref Mohammed and Dmitry Zhdannikov; Additional reporting by Ahmed Rasheed and Stephanie Kelly; Writing by Alex Lawler; Editing by Simon Webb and Jan Harvey

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in BMNR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Key Takeaways HCA reported Q4 EPS of $8.01, up 28.8% year over year and 8.8% above the consensus estimate.Results were driven by gains in admissions, ER visits and revenue per equivalent admission.HCA projects 2026 EPS of $29.10-$31.50 and EBITDA of $15.55B-$16.45B. HCA Healthcare, Inc. (HCA - Free Report) reported fourth-quarter 2025 adjusted earnings per share (EPS) of $8.01, which outpaced the Zacks Consensus Estimate by 8.8%. The bottom line advanced 28.8% year over year.

Revenues rose 6.7% year over year to $19.5 billion. However, the top line lagged the consensus mark by 0.6%.

The quarterly results benefited on the back of strong same-facility admissions and equivalent admissions. Modest gains in emergency room visits and a rise in revenue per equivalent admission also supported performance. However, the upside was partly offset by elevated operating expenses.

HCA’s Q4 DetailsSame-facility equivalent admissions grew 2.5% year over year in the fourth quarter, matching our growth estimate. Meanwhile, same-facility admissions advanced 2.4%, matching our growth estimate. 

Same-facility revenue per equivalent admission rose 2.9% year over year but came lower than our growth estimate of 4.2%.

Same-facility inpatient surgeries remained unchanged year over year, while same-facility outpatient surgeries dipped 0.5%. Additionally, same-facility emergency room visits inched up 0.5% year over year in the quarter under review.

Salaries and benefits, supplies and other operating expenses increased 5.8% year over year to $15.4 billion. However, the metric came lower than our estimate of $15.6 billion.

Adjusted EBITDA of $4.1 billion advanced 10.8% year over year, which surpassed our estimate of $3.9 billion.

HCA Healthcare operated 190 hospitals and roughly 2,500 ambulatory sites of care across 19 states and the United Kingdom as of Dec. 31, 2025.

HCA’s Financial Update (as of Dec. 31, 2025)HCA Healthcare exited the fourth quarter with cash and cash equivalents of $1 billion, which dropped 46.2% from the 2024-end level. It had a leftover capacity of approximately $5.8 billion under its credit facilities at the fourth-quarter end.

Total assets of $60.7 billion increased 2% from the figure at 2024-end.

Long-term debt, excluding debt issuance costs and discounts, was $41.6 billion, up 8.5% from the figure as of Dec. 31, 2024. Short-term borrowings and long-term debt due within one year totaled $4.9 billion.

Capital expenditures were $1.5 billion minus acquisitions during the quarter under review.

HCA’s Cash FlowHCA Healthcare generated $12.6 billion in cash from operations in 2025, which improved 20.2% from the prior-year comparable period.

HCA Healthcare’s Capital Deployment UpdateHCA bought back shares worth $2.6 billion in the fourth quarter. It had a leftover capacity of $750 million under its buyback authorization as of Dec. 31, 2025. Management sanctioned an additional share buyback program of $10 billion. 

The board of directors approved an 8.3% hike in the quarterly cash dividend. The increased dividend, amounting to 78 cents per share, will be paid on March 31, 2026, to its shareholders of record as of March 17.

2025 Results for HCAHCA Healthcare’s revenues grew 7.1% year over year to $75.6 billion. Full-year EPS of $28.21 climbed 28.5% year over year. Adjusted EBITDA improved 12.1% year over year to $15.6 billion.

HCA Issues 2026 GuidanceAnnual revenues are anticipated to be between $76.5 billion and $80 billion, the midpoint of which indicates a 3.5% rise from the 2025 reported figure.

Management forecasts adjusted EBITDA to be in the range of $15.55-$16.45 billion, the midpoint of which suggests 2.8% growth from the 2025 figure. 

Net income attributable to HCA Healthcare is presently expected to be between $6.495 billion and $7.035 billion.

EPS is forecasted to be in the $29.10-$31.50 band, the midpoint of which implies a 7% rise from the 2025 figure.

Capital expenditures, excluding acquisitions, are expected between $5 billion and $5.5 billion.

HCA’s Zacks RankHCA Healthcare currently has a Zacks Rank #4 (Sell).  

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

Upcoming ReleasesHere are three other companies from the Medical space that are likely to report their respective quarterly earnings soon.

Soleno Therapeutics, Inc. (SLNO - Free Report) has an Earnings ESP of +15.02% and a Zacks Rank of 1 at present. 

The Zacks Consensus Estimate for SLNO’s fourth-quarter 2025 earnings is 59 cents per share. A loss of $1.27 per share was incurred in the prior-year quarter. The consensus mark for fourth-quarter earnings has been revised 9.3% upward over the past seven days. 

Amneal Pharmaceuticals, Inc. (AMRX - Free Report) has an Earnings ESP of +11.77% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for AMRX’s fourth-quarter 2025 earnings is 17 cents per share, which indicates a 41.7% surge from the prior-year quarter

Amneal Pharmaceuticals’ earnings beat estimates in three of the trailing four quarters and missed the mark once, the average surprise being 22.42%. 

DexCom, Inc. (DXCM - Free Report) has an Earnings ESP of +4.91% and a Zacks Rank of 3 at present. 

The Zacks Consensus Estimate for DXCM’s fourth-quarter 2025 earnings is 65 cents per share, which indicates a 44.4% surge from the prior-year quarter. DexCom’s earnings beat estimates in two of the trailing four quarters and missed the mark twice, the average surprise being 0.17%. 

Q4: 2026-01-26 Earnings SummaryEPS of $1.36 misses by $0.00

 |

Revenue of

$193.59M

(15.92% Y/Y)

beats by $5.05M

Enterprise Financial Services Corp (EFSC) Q4 2025 Earnings Call January 27, 2026 11:00 AM EST

Company Participants

James Lally - President, CEO & Director
Douglas Bauche - Senior EVP & Chief Banking Officer
Keene Turner - Senior EVP, CFO & COO

Conference Call Participants

Jeff Rulis - D.A. Davidson & Co., Research Division
Nathan Race - Piper Sandler & Co., Research Division
Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division
David Long - Raymond James & Associates, Inc., Research Division
Brian Martin - Janney Montgomery Scott LLC, Research Division

Presentation

Operator

Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Enterprise Financial Services Corporation Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions]

I would now like to turn the conference over to Jim Lally, President and CEO. Please go ahead.

James Lally
President, CEO & Director

Good morning, and thank you all very much for joining us, and welcome to our 2025 Fourth Quarter Earnings Call. Joining me this morning is Keene Turner, EFSC's Chief Financial Officer and Chief Operating Officer; and Doug Bauche, Chief Banking Officer of Enterprise Bank & Trust.

Before we begin, I would like to remind everybody on the call that a copy of the release and accompanying presentation can be found on our website. The presentation and earnings release were furnished on SEC Form 8-K yesterday. Please refer to Slide 2 of the presentation titled Forward-Looking Statements and for our most recent 10-K and 10-Q for reasons why actual results may vary from any forward-looking statements that we make today.

Our financial highlights begin on Slide 3. I am pleased with our results for the fourth quarter and for all of 2025. For the quarter, we earned $1.45 per

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

New Headquarters Will Support Company's Work to Deliver zorevunersen, a Potential Disease-Modifying Medicine, to Patients with Dravet Syndrome and Expansion of Research Efforts

Lease is One of the Largest in Greater Boston Life Sciences Over the Past Year

, /PRNewswire/ -- Anchor Line Partners, LLC and Northwood Investors, LLC announced today that they have secured a significant long-term lease with biotechnology company Stoke Therapeutics (Nasdaq: STOK) at 245 Fifth Avenue in Waltham, Massachusetts. Stoke plans to relocate to its new 98,500 square-foot headquarters when the Company's current lease in Bedford, Massachusetts ends in late 2026.

Anchor Line Partners, LLC and Northwood Investors, LLC announced that they have secured a significant long-term lease with biotechnology company Stoke Therapeutics (Nasdaq: STOK) at 245 Fifth Avenue in Waltham, MA. Stoke is dedicated to restoring protein expression by harnessing the body's potential with RNA medicine and has a lead investigational medicine, zorevunersen, in development with Biogen as a first-in-class potential disease-modifying treatment for Dravet syndrome. Dravet syndrome is a severe neurodevelopmental disease that is characterized by recurrent seizures as well as significant cognitive and behavioral impairments.

Stoke established its first headquarters in Bedford in 2015. Zorevunersen was discovered in Bedford, and since then, the Company has advanced zorevunersen through early clinical testing into late-stage development. The Company is actively preparing to commercialize its first potential new medicine in the United States and is expanding its research into additional medicines using its proprietary technology platform.

"Stoke is on an important growth trajectory as we prepare to commercialize a first-in-class potential new medicine to treat Dravet syndrome, while also broadening our research efforts to identify more new medicines for severe diseases," said Ian F. Smith, Chief Executive Officer and Director of Stoke Therapeutics. "This new Waltham site will help foster our culture of teamwork and collaboration that is essential to innovation and our work to deliver life-changing medicines for patients."

"While the national life sciences market has moderated, Waltham and the greater Route 128 corridor continue to prove their resilience as they support the biotech industry," said Andrew Maher, Co-Founder and Manager Partner, Anchor Line Partners. "This lease reflects the continued strength of the Greater Boston life sciences market and our commitment to delivering best-in-class environments that meet the evolving needs of innovative companies and their employees."

Waltham has emerged as one of the most compelling suburban life sciences hubs in the country, offering scale, talent and connectivity outside the urban core. The city and property offer immediate access to Route 128/I-95, I-90 and Route 2, making it a prime location for companies seeking operational efficiency and access to top talent. The property is LEED Gold and WiredScore Platinum certified, reinforcing the campus's commitment to sustainability and connectivity. The building's modern infrastructure and flexible lab-ready design made it a strategic fit for Stoke's next phase of expansion.

The Cushman & Wakefield team of Mitch Perez, Connor Barnes and Michael Weiss represented Stoke in the transaction. Michael O'Leary and Duncan Gratton, also of Cushman & Wakefield, handle leasing efforts at 245 Fifth Avenue.

This new lease exemplifies Anchor Line Partners' expertise in the life sciences sector and its focus on tenant satisfaction, long-term value creation and market-driven development strategy. For more information, visit 2455th.com.

About Anchor Line Partners

Anchor Line Partners is a Boston-based investment firm with $1.2 billion of commercial real estate assets under management. We specialize in value-add opportunities and developments in Greater Boston, creating strong, long-term economic assets for communities and producing desirable returns for our investors.  Learn more at anchorlinepartners.com.          

About Northwood Investors

Northwood Investors is a privately-owned, employee-held investment advisor with approximately $8 billion of assets under management across the US and Europe. Northwood employs a fundamental, value-driven investment strategy with a longer-term outlook. The Northwood team has deep experience in sourcing, executing and managing real estate transactions worldwide, ranging from office buildings and shopping centers to hotels and residential investments.

About Stoke Therapeutics

Stoke Therapeutics (Nasdaq: STOK), is a biotechnology company dedicated to restoring protein expression by harnessing the body's potential with RNA medicine. Using Stoke's proprietary TANGO (Targeted Augmentation of Nuclear Gene Output) approach, Stoke is developing antisense oligonucleotides (ASOs) to selectively restore naturally-occurring protein levels. Stoke's first medicine in development, zorevunersen, has demonstrated the potential for disease modification in patients with Dravet syndrome and is currently being evaluated in a Phase 3 study. Stoke's initial focus are diseases of the central nervous system and the eye that are caused by a loss of ~50% of normal protein levels (haploinsufficiency). Proof of concept has been demonstrated in other organs, tissues, and systems, supporting broad potential for Stoke's proprietary approach. Stoke is headquartered in Bedford, Massachusetts. For more information, visit https://www.stoketherapeutics.com/.

About Cushman & Wakefield 

Cushman & Wakefield is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com. 

SOURCE Anchor Line Partners

Kinder Morgan (KMI) leverages irreplaceable U.S. energy infrastructure and a dominant natural gas network to drive robust cash flow and dividend growth. KMI's natural gas segment outperforms, supporting double-digit YoY adjusted EBITDA and EPS growth, with a $3.6B annual FCF and nearly 6% FCF yield. Substantial $9.3B growth project backlog, focused on LNG and datacenter demand, underpins reliable, multi-decade cash flow and bolt-on expansion opportunities.

SAN DIEGO, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Wealthfront Corporation (NASDAQ: WLTH).

If you have information that could assist in the Wealthfront investigation or if you are a Wealthfront investor who suffered a loss and would like to learn more, you can provide your information here:

https://www.rgrdlaw.com/cases-wealthfront-corporation-investigation-wlth.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

THE COMPANY: Wealthfront purports to be a technology company that built a financial solutions platform designed to address the needs of wealth builders amongst digital natives.

THE INVESTIGATION: Robbins Geller is investigating whether Wealthfront and certain of its executives made materially false and/or misleading statements and/or omitted material information regarding Wealthfront’s business and operations.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 
Services may be performed by attorneys in any of our offices. 

Contact:
        Robbins Geller Rudman & Dowd LLP
        J.C. Sanchez
        655 W. Broadway, Suite 1900, San Diego, CA 92101
        800-449-4900
        [email protected]

Michael Saylor’s Bitcoin (BTC) treasury company, Strategy, appears undeterred by recent weakness across the crypto markets.

Saylor says the firm has acquired an additional 2,932 BTC for approximately $264.1 million at an average price of $90,061 per Bitcoin.

Strategy (MSTR) now holds 712,647 BTC acquired for approximately $54.19 billion, at an average cost of $76,037 per Bitcoin.

The firm, which trades on the Nasdaq under the ticker MSTR, is the world’s largest corporate holder of Bitcoin and was the first public company to adopt BTC as its sole treasury reserve asset.

Strategy’s stock has faced pressure amid broader crypto market declines, with MSTR sliding alongside digital asset prices during the recent downturn.

In a Bloomberg interview earlier this year, Saylor predicted that Bitcoin would not have to endure future boom-and-bust cycles.

“Winter’s not coming back. We’re past that phase. Bitcoin’s not going to zero, it’s going to $1 million.”

The Strategy founder said his bullishness was due to the Trump Administration’s embrace of crypto and the doors it opened for future institutional adoption.

“The banks are going to custody Bitcoin. Bitcoin has gotten through its riskiest period, the accounting has been corrected.

There’s now only 450 Bitcoin a day available for sale by natural sellers, that’s the miners. At this level, that works out to about $50 million of Bitcoin available for sale every day. If that $50 million is bought, then the price has got to move up to find any seller that’s price sensitive.”

At time of writing, Bitcoin is trading for $88,535.

Generated Image: Midjourney

BNB rises 2.5%, nears $900 mark as prediction market growth signals utility expansionA new physically backed BNB exchange-traded product launched on Nasdaq Stockholm, adding to existing investment options. Jan 27, 2026, 5:15 p.m.

The native token of the BNB Chain, BNB, extended its recent advance, climbing more than 5% to $893 as it nears the $900 resistance level.

The rally comes amid the debut of a physically backed BNB exchange-traded product (ETP) by crypto asset manager Virtune on Nasdaq Stockholm. The new product offers direct exposure to BNB with Coinbase as custodian and charges a 1.95% annual fee, further adding ways for investors to gain exposure to the cryptocurrency.

STORY CONTINUES BELOW

The launch adds to a growing list of products tied to BNB, including Grayscale’s recent U.S. filing for a spot ETF, GBNB. That filing comes while there is a still-pending BNB ETF bid by VanEck.

While price action showed hesitation near previous resistance, volume picked up as BNB pushed above the $885 range, according to CoinDesk Research's technical analysis data model. The latest price move suggests fresh buying interest, although analysts continue to watch for signs of sustained momentum.

Beyond price, BNB Chain is experiencing a surge in usage across prediction markets. Platforms like Opinion Labs and Probable have reported significant activity, with Opinion Labs logging over $700 million in 7-day trading volume.

That’s according to data from Dune, which shows that cumulative trading volumes on the BNB Chain coming in from prediction markets have now crossed the $20 billion mark.

Probable, which launched in December, has already surpassed $1 billion in cumulative volume alone. Some of these markets are now integrating directly with wallets like Binance Wallet and Trust Wallet, making it easier for users to access them.

“We're expecting a full market consolidation in the next 2-3 years, but at the moment we're seeing this growth on BNB Chain due to differentiation across teams and products,” Nina Rong, Executive Director of Growth at BNB Chain, told CoinDesk in an emailed statement.

Traders are now keeping a close eye on the $900 target while monitoring broader market developments. The broad CoinDesk 20 (CD20) index rose roughly 1% in the last 24 hours, further boosting sentiment.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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