Market Signal Briefing

The semiconductor manufacturer just reported stellar fourth-quarter results.

Will 2026 be another incredible year for artificial intelligence (AI)? So far, signals are all saying yes. The hyperscalers are planning to spend even more money than they did last year to build out their platforms, to the tune of hundreds of millions of dollars. And while there may be one winner crowned from all the builders, there's (at least) one company that benefits from all of them: Taiwan Semiconductor Manufacturing (TSM +2.29%).

Here are three reasons to buy TSMC stock right now.

Image source: Taiwan Semiconductor.

1. TSMC is reporting strong growth TSMC reported 2025 fourth-quarter earnings last week, and it demonstrated continued strength. Here's how sales have increased year over year in the past four quarters:

MetricQ1 '25Q2 '25Q3 '25Q4 '25Sales growth (YoY)35%44%41%26% Data source: Taiwan Semiconductor quarterly reports. YoY = year over year.

2025 sales for the full year increased 36%, and management is guiding for sales to rise another 30% in 2026. It's aiming for a compound annual growth rate of 25% through 2029, which is serious growth, especially for a company that's already as large as TSMC. It had $122 billion in 2025 revenue.

2. TSMC is highly profitable TSMC is a capital-intensive business, since it plows money into its foundry plants that manufacture physical semiconductors. Despite that, it's incredibly profitable, with high sales volume and a disciplined cost structure.

In the fourth quarter, gross margin expanded from 59% in 2024 to 62.3% in 2025, and operating margin expanded from 49% to 54%. Management is guiding for gross margin to reach 63% to 64% in the 2026 first quarter and to stay above 56% long term, and for operating margin to be between 54% and 56% in the first quarter.

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3. TSMC benefits from some strong AI tailwinds The company is a lot more than AI, although that's an integral component of its model these days. High-performance computing (HPC), the segment that includes the AI business, accounted for 58% of revenue in 2025; its growth rate increased 48% year over year.

Capital expenditures (capex) were $41 billion in 2025, up from $30 billion in 2024, and management updated investors that increasing capex has always been correlated with high opportunities; it's investing in potential and the ability to meet high demand. To that end, it's raising capex spend to about $54 billion in 2026, with about 70% to 80% going to what it calls "advanced process technologies." In this case, the market is excited about higher capex spend, because it implies higher growth on the way.

As trade tensions rise, the U.S. is racing to secure domestic supplies of critical minerals. USA Rare Earth is one of the companies leading the charge.

Critical minerals, and more specifically rare-earth magnets, are taking center stage in the U.S. as policymakers scramble to cut reliance on China, which has become a powerhouse for rare-earth refining and magnet manufacturing. These essential materials are the backbone of defense systems, electric vehicles, renewable energy, and cutting-edge electronics.

In response, the U.S. is launching an ambitious initiative to establish a sovereign "mine-to-magnet" supply chain. One company to watch is USA Rare Earth (USAR +8.50%), which is developing a vertically integrated supply chain from mining to processing and production to ensure domestic magnet availability. Here's what investors should know about USA Rare Earth and the investment opportunity it presents.

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How USA Rare Earth looks to secure U.S. critical minerals As trade tensions rise, China has used export controls to limit supplies, making domestic mining and processing of critical minerals a top priority for U.S. policymakers. This is where USA Rare Earth seeks its opportunity.

USA Rare Earth is currently building a 310,000-square-foot facility in Stillwater, Oklahoma, and is in the final stages of commissioning for commercial-scale production, which is on track for the first quarter of this year. This industrial plant will produce sintered neodymium-iron-boron (neo) magnets, commonly used in defense, automotive, and industrial applications.

Image source: Getty Images.

To hit the ground running, USA Rare Earth has acquired Less Common Metals (LCM), a United Kingdom-based manufacturer of specialized rare-earth metals, for $100 million in cash and 6.74 million shares. This helps USA Rare Earth secure the feedstock of strip-cast alloy required for its Stillwater facility and provides it with immediate metal-making capabilities outside China sources.

In addition, it has its Round Top Project in Texas, which the company has described as the richest heavy rare-earth, gallium, and beryllium deposit in the U.S. The project is entering a pre-feasibility study phase, and if it moves forward, production will begin at the earliest in late 2028.

A very high-risk stock with upside potential While USA Rare Earth is building its capabilities, there are real risks that investors should be aware of before buying. The company has no history in commercial operations and has no operating revenue as of this writing. It currently has over $400 million in cash, but it will likely need to raise more capital as it builds up its capabilities.

CEO Barbara Humpton stated the company is in "close communication" with the White House, which is reportedly considering reallocating $2 billion in CHIPS Act funds to critical minerals.

Critical minerals are in focus, and the U.S. is actively taking steps to secure their mining and production so it isn't as reliant on outside sources. With the domestic supply chain coming into focus, USA Rare Earth is a highly speculative stock that offers exposure to the development of U.S. rare-earth production.

A weather-sensitive fourth quarter could come in light. But management's tone about 2026 keeps the bull case intact.

Tractor Supply (TSCO +2.45%) reports its fourth-quarter results before market open on Jan. 29, and the headline numbers could land on the softer side of expectations. But even if this does happen, it's probably not worth fretting over. The weather may be the culprit.

Tractor Supply's fourth quarter is highly dependent on weather -- and weather trends weren't very favorable for the company during the period. But the retailer has some positives that should make it easy to overlook a weather-related setback beyond the company's control: Management seems upbeat about 2026's potential.

Here's why the bull case will likely remain intact for the rural retailer even if Q4 fails to impress.

Image source: Getty Images.

A fourth-quarter headwind When Tractor Supply reported third-quarter results in October, it posted $3.7 billion in net sales, up 7.2% year over year, and comparable store sales rose 3.9%. This was a nice acceleration from 4.5% sales growth in Q2 and 2.1% sales growth in Q1.

But management also provided guidance on a wide range of outcomes for Q4 regarding comparable store sales growth. Specifically, management said fourth-quarter comparable store sales could grow at a rate anywhere between 1% and 5%.

Why such a broad range?

"It is all about the cold weather and winter that starts to happen in December," said Tractor Supply CEO Hal Lawton during the company's third-quarter earnings call when discussing the biggest drivers for how Q4 comparable store sales can play out. Typically, the more severe the winter storms are, the better Tractor Supply's business fares during the period.

So, it is not hard to see why investors might be cautious about where the company landed within that range. NOAA's national climate summaries showed the contiguous U.S. ran unusually warm in October and November, with November ranking as the fourth-warmest on record. And the last month of the year ranked as the fifth-warmest December over the last 131 years.

Of course, a mild weather quarter does not guarantee weak fourth-quarter results, but it does raise the odds that demand for cold-weather items was not as strong a tailwind as management had hoped.

Tractor Supply's business could inflect in 2026 But there's still a lot for Tractor Supply investors to be excited about. The most encouraging part of the company's third-quarter update was not its strong third-quarter growth but what management said about the demand environment for 2026.

Looking to 2026, management said it expected its comparable store sales growth to remain above the weaker levels the key metric saw in the first half of 2025, with transaction count growth being a key driver and average ticket growth trends remaining positive. In addition, management said that 2025 marked the peak of its capital investment cycle, so cash flow should improve in 2026.

Adding to the reasons to be upbeat about this year, Tractor Supply chief financial officer Kurt Barton noted that the company expects to open about 100 new Tractor Supply stores in 2026 -- up from roughly 90 in 2025.

When Tractor Supply reports its fourth-quarter results, investors should look to see if the company remains as optimistic about 2026 as it was in its third-quarter update. In particular, it would be nice to see management guide for an acceleration in comparable store sales in 2026 compared to 2025.

Of course, investors shouldn't ignore Tractor Supply's fourth-quarter results entirely. A comparable store sales growth rate below its 1% to 5% range, for instance, may be a red flag.

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With all of this said, it's very possible that Tractor Supply's fourth-quarter results come in soft. But this doesn't mean investors should sell the stock going into the report. Instead, if results are weak, investors should look for any reasons the company provides for the performance. If weather is the main drag, this isn't necessarily an indication that the business is doing poorly. Further, investors should consider management's commentary on expectations for 2026. If the company indicates it could see an acceleration in important key metrics like revenue growth, comparable store sales, or transaction growth, then the bull case is arguably just getting stronger.

There's no way to know exactly how the stock will react when Tractor Supply reports its fourth-quarter results. But I do believe shares remain attractive, given Tractor Supply's resilient business and its recent reacceleration and sales growth. While the stock's valuation isn't cheap, with shares currently trading at a price-to-earnings ratio of 26, it's not expensive either. And for a high-quality retailer like Tractor Supply, paying a fair valuation arguably makes sense.

New York, New York--(Newsfile Corp. - January 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of agilon health, inc. (NYSE: AGL) between February 26, 2025 and August 4, 2025, both dates inclusive (the "Class Period"), of the important March 2, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased agilon securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the agilon class action, go to https://rosenlegal.com/submit-form/?case_id=46039 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 2, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants recklessly issued guidance for 2025 that they knew or should have known was not going to be achieved, given material industry headwinds of which they were aware; (2) defendants materially overstated the immediate positive financial impact from "strategic actions" taken by agilon to reduce risk; and (3) as a result, defendants' statements about agilon's business, operations, and prospects were materially false and/or misleading at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the agilon class action, go to https://rosenlegal.com/submit-form/?case_id=46039 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281453

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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Chart Industries supplies engineered equipment for energy and industrial gas markets, including LNG, hydrogen, and carbon capture solutions.

On January 23, Connecticut-based Iridian Asset Management disclosed a sale of 23,051 shares of Chart Industries (GTLS 0.10%), with an estimated transaction value of $4.67 million based on quarterly average pricing.

What happenedAccording to its SEC filing dated January 23, Iridian Asset Management reduced its holding in Chart Industries by 23,051 shares during the fourth quarter. The estimated value of the shares sold is $4.67 million, calculated using the quarterly average closing price. The fund ended the quarter with 6,326 shares worth $1.30 million. The reported quarter-end position value dropped by $4.58 million, reflecting both trading activity and stock price movement.

What else to knowThe fund sold Chart Industries shares, leaving the position at 0.48% of reportable AUM as of December 31.

Top five holdings after the filing:

NYSE:ACVA: $23.97 million (8.8% of AUM)NYSE:HLF: $23.67 million (8.7% of AUM)NYSE:HGV: $20.81 million (7.7% of AUM)NYSE:POST: $16.75 million (6.2% of AUM)NYSE:LAD: $15.68 million (5.8% of AUM)As of January 22, Chart Industries shares were priced at $207.49, down 4% over the past year and underperforming the S&P 500’S roughly 14% gain in the same period. The position was previously 2.3% of the fund's AUM as of the prior quarter.

Company overviewMetricValuePrice (as of January 22)$207.49Market Capitalization$9.33 billionRevenue (TTM)$4.29 billionNet Income (TTM)$66.70 millionCompany snapshotChart Industries manufactures engineered equipment for energy and industrial gas industries, including cryogenic storage tanks, heat exchangers, LNG equipment, and specialty products for hydrogen, CO2 capture, and biogas.The company generates revenue through the sale of capital equipment, aftermarket services, and leasing solutions across four operating segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.It serves a global customer base in energy, industrial gas, power, food and beverage, aerospace, and specialty end-markets, targeting both large-scale industrial clients and niche applications.Chart Industries is a leading provider of highly engineered equipment and solutions for the energy and industrial gas sectors, with a broad product portfolio spanning cryogenic and heat transfer technologies. The company leverages its technical expertise and diversified offerings to serve critical applications in LNG, hydrogen, and carbon capture, positioning itself at the forefront of energy transition trends. With a global footprint and a strong aftermarket service business, Chart Industries delivers value through innovation, reliability, and customer-centric solutions.

What this transaction means for investorsPortfolio moves like this are usually less about conviction shifts and more about capital discipline when the upside becomes capped. With Chart Industries now in a definitive agreement to be acquired by Baker Hughes for $210 per share in cash, the stock’s return profile has fundamentally changed. At that point, position sizing becomes a function of deal timing, risk, and opportunity cost rather than operating momentum.

Operationally, Chart continues to execute. Third-quarter orders hit a record $1.68 billion, up nearly 44% year over year, driven by strength in LNG, data centers, and carbon capture, and backlog expanded to $6.05 billion. Adjusted EBITDA was $277 million, and free cash flow totaled $94.7 million despite $266 million in merger-related expenses tied to the terminated Flowserve deal and the pending Baker Hughes transaction.

Against that backdrop, trimming a position that fell from 2.3% of assets to under 0.5% looks pragmatic, especially in a portfolio increasingly concentrated in higher-beta names like ACV Auctions and Hilton Grand Vacations.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chart Industries. The Motley Fool has a disclosure policy.

UltraTech Cement Limited (UCLQF) Q3 2026 Earnings Call January 24, 2026 5:30 AM EST

Company Participants

Atul Daga - Chief Financial Officer
Kailash Jhanwar - MD & Whole-time Director

Conference Call Participants

Amit Murarka - Axis Capital Limited, Research Division
Pulkit Patni - Goldman Sachs Group, Inc., Research Division
Jashandeep Singh Chadha - Nomura Securities Co. Ltd., Research Division
Rahul Gupta - Morgan Stanley, Research Division
Pinakin Parekh - HSBC Global Investment Research
Ritesh Shah - Investec Bank plc, Research Division
Satyadeep Jain - AMBIT Capital Private Limited, Research Division
Ashish Jain - Macquarie Research
Indrajit Agarwal - CLSA Limited, Research Division
Raashi Chopra - Citigroup Inc., Research Division
Siddharth Mehrotra - Kotak Securities (Institutional Equities)
Harsh Mittal - Emkay Global Financial Services Ltd., Research Division
Andrey Purushottam
Girija Shankar Ray
Navin Sahadeo - ICICI Securities Limited, Research Division
Shravan Shah - Dolat Capital Market Private Limited, Research Division

Presentation

Operator

Ladies and gentlemen, good evening, and welcome to the UltraTech Cement Limited Q3 FY '26 Earnings Conference Call. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectations of the company as on date of this call. These statements are not a guarantee of future performance and involve risks and uncertainties that are difficult to predict. [Operator Instructions] Please note that this call is being recorded. I now hand the conference over to Mr. Atul Daga, Business Head and CFO of UltraTech Cement Limited. Thank you, and over to you, sir.

Atul Daga
Chief Financial Officer

Thank you so much. Good evening, good afternoon, ladies and gentlemen. Once again, a very warm welcome to yet another call on a Saturday evening for UltraTech for the third quarter results of '26. Before I begin, let me assure you, we will not make this a habit of spoiling your Saturdays, but this Saturday is worth spending time. Let me get on to the main core topic for

contributor

Posted: January 24, 2026

Avalanche [AVAX] continues to attract investors with rising on-chain activity.

At press time, Active Addresses surged, jumping from 30K to over 600K in just one week. This dramatic spike signaled increased engagement and growing adoption, reflecting deeper interest in DeFi, tokenization, and RWAs. 

Source: X

This rapid growth felt like a turning point for AVAX, with institutional interest likely to follow and fuel the momentum further.

However, despite the surge in activity, cooling futures market conditions and a weakening MACD suggested that AVAX might be in a dangerous zone. The question remained: would AVAX continue its climb, or was a deeper pullback imminent?

C-Chain momentum – A bullish indicator for 2026? Grayscale observed that Avalanche’s C‑Chain gained momentum in late 2025, averaging 2.5 million on‑chain transactions over seven days. This growth highlighted the network’s long‑term strength and reflected increasing interest from both developers and users.

Source: Grayscale

However, AVAX’s success depended on maintaining momentum. If the trend continued into January 2026, AVAX could have seen strong returns, especially with market support.

Assessing short-term bubble risk  As AVAX’s price hovered around $12, the short-term bubble risk remained low at 1, marked by green and blue zones. Historically, such cooling phases had been followed by sharp rebounds, fueling hope among investors.

Source: X

Adding to this, the Futures Volume Bubble Map reflected a similar trend, suggesting that, while short-term activity cooled, a price reversal could be on the horizon. The green clusters had been followed by neutral, then heating, and finally, overheating phases.

Source: CryptoQuant

If the market sentiment had shifted toward the bulls, AVAX could have been primed for a strong recovery.

AVAX price action and momentum indicators At press time, AVAX showed a classic descending triangle pattern on the daily time frame, signaling a bearish continuation.

With MACD weakness and RSI near the lower boundary, the price may struggle to maintain support above $11.3. Should this level break, the decline could extend toward $8.60.

Source: TradingView

Nevertheless, reclaiming $18-$22 was a critical move for AVAX. If the market shifted positively, reaching $43 was possible, tapping the upper line of the descending triangle.

Final Thoughts Avalanche’s surge in active addresses signals strong network engagement, supporting AVAX’s long-term price potential. Cooling futures volume and low short-term bubble risk indicated a rebound, but weak momentum suggests a potential short-term pullback.

As 2026 gains momentum, some crypto presale projects are drawing attention not because of aggressive marketing, but due to visible infrastructure development and defined utility. Digitap ($TAP) is increasingly being discussed in this context.

Currently priced at $0.0439, Digitap has attracted interest from observers monitoring early-stage crypto platforms focused on payments and banking use cases. This attention is largely linked to two developments: an active staking program offering elevated yields for early participants, and a recent integration with the Solana network aimed at improving transaction speed and cost efficiency.

What Is Influencing Digitap’s Current Market Positioning For early-stage digital assets, valuation often evolves as the market reassesses how a token is used rather than how it is traded. Digitap appears to be entering such a phase, where its role as part of a functioning financial platform becomes more central to how it is evaluated.

At the presale stage, $TAP already operates within a live omni-banking application that supports everyday financial actions. As Digitap approaches broader market access, its pricing framework may increasingly reflect platform usage and adoption rather than purely speculative expectations.

Rather than relying on a single catalyst, interest around Digitap is tied to gradual repricing driven by expanding functionality, user onboarding, and integration across blockchain networks.

Solana Network Integration and Its Impact on User Access One of Digitap’s most notable recent developments is its integration with the Solana network. This update directly addresses onboarding friction commonly associated with crypto-based financial platforms.

Historically, many crypto banking services have depended on Ethereum-based transfers, which can involve higher fees and longer confirmation times. By enabling Solana-based funding, Digitap allows users to deposit assets such as SOL, USDT, and USDC with significantly lower transaction costs and faster settlement.

This integration reduces barriers for new users and aligns Digitap with one of the more active blockchain ecosystems. Faster onboarding and lower costs can improve usability, particularly for payment-oriented applications where efficiency matters.

Staking Incentives and Supply Participation Dynamics Digitap currently offers a staking program with yields reaching up to 124% APY for early participants. From a structural perspective, this program is designed to encourage longer holding periods rather than short-term trading.

By incentivizing staking, a portion of circulating supply remains committed to the protocol. In parallel, Digitap applies a revenue-linked model in which a share of platform income is used for token buybacks and burns. This approach differs from inflation-based staking systems that increase total supply to fund rewards.

The stated objective is to align staking incentives with platform activity, allowing participation rewards to scale alongside usage rather than token issuance.

Usage-Based Demand Versus Short-Term Trading Activity A defining feature of Digitap’s design is that $TAP is required for access to specific platform functions. These include fee reductions, staking participation, and access to higher-tier card and account features within the app.

This creates a form of demand that is not exclusively tied to market trading. As users interact with the platform for financial services, the token plays an operational role rather than acting solely as a speculative instrument.

When combined with staking participation, this usage-driven structure can reduce volatility during early trading phases, a characteristic often highlighted in discussions around crypto presales focused on practical utility.

Why the Current Structure Supports Gradual Expansion At its current stage, Digitap remains within an accumulation and onboarding phase. The combination of presale access, staking incentives, and network integrations suggests a measured transition toward public market availability.

Projects that enter exchanges with fully unlocked supply and limited real-world usage often face early volatility. Digitap’s model emphasizes early supply participation, controlled access, and gradual expansion of functionality.

This framework supports a smoother price discovery process if adoption continues to develop alongside infrastructure rollout.

Digitap’s Positioning Moving Into 2026 Digitap is transitioning beyond a concept-stage presale into an operational financial platform. Its Solana integration reduces cost and speed constraints, staking programs encourage longer-term participation, and the app itself creates ongoing transactional use cases.

For those evaluating early-stage crypto projects within the payments and banking narrative, Digitap presents a structured approach focused on deployment and utility rather than short-term market momentum.

At its current pricing level, the project continues to be positioned around participation and platform growth rather than distribution. In digital asset markets, this distinction often shapes how valuation evolves over time.

Learn more about Digitap Presale: https://presale.digitap.app
Website: https://digitap.app
Socials: https://linktr.ee/digitap.app
Campaign: https://gleam.io/bfpzx/digitap-250000-giveaway

This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.

Bitcoin and Ether exchange-traded funds extended their run of outflows to end the week in the red. The global digital assets market too looked clueless as Bitcoin failed to hold over the $90k mark. Investors continued to rotate money towards Solana and XRP.

The global crypto market cap surged marginally to remain above $3.02 trillion. Its 24 hour trading volume dipped by 19% to hover around $80.5 billion. Data shows that Bitcoin ETFs posted an outflow of around $104 million on Thursday. This marked a fifth straight day of withdrawals. Bitcoin price is now down by around 7% in the last 7 days.

Bitcoin, Ether ETFs extend losing streak Ether ETFs saw money leaving, too. They posted a net outflow of $41.74 million. This extended its losing streak to four consecutive sessions. ETH price has dropped by more than 11% in the past 24 hours to hover around $2,950.

As per the data provided by SoSoValue, BlackRock’s iShares Bitcoin Trust accounted for almost all of that figure. IBIT saw $101.62 million leave the fund in a single session. Despite the pullback, IBIT remains the largest Bitcoin ETF by flows. However, its total net inflows stand at around $62.9 billion since launch.

Fidelity’s Wise Origin Bitcoin Fund stood in the second spot in the tally of outflows on the day. It saw $1.95 million leave the fund. Its total inflows hover around $11.46 billion. All Bitcoin spot ETFs now hold net assets of about $115.88 billion. This represents around 6.48% of Bitcoin’s total market cap. Bitcoin is trading at an average price of $89,122 at the press time. Ether-linked ETFs are struggling to attract new capital, while ETH is also struggling to keep up in the market.

The market is dealing with uncertain selling pressure due to political drama brewing in Washington. The US Senate reportedly suspended sessions. This has delayed progress on a long-awaited crypto market structure bill. 

Solana, XRP ETFs buck market slump While Bitcoin and Ethe ETFs bled, Solana and XRP-linked funds posted gains. Solana ETFs recorded inflows of about $1.87 million on Jan. 23. However, XRP ETFs recorded $3.43 million in inflows in the same session.

Solana failed to hold above $127 after a week of consolidation. SOL witnessed steady selling pressure as the entire market posted red indexes. Data shows that Solana ETFs attracted more than $9 million in net inflows in the last week. Solana ETFs now hold net assets of about $1.08 billion. Their net asset ratio stands near 1.50%. SOL is trading at an average price of $126.85 at the press time. XRP has also benefited from the shift. XRP ETFs recorded more than $3.43 million in inflows.

Attention is also turning to new ETF structures. Asset manager Cyber Hornet has filed for an S&P Crypto 10 ETF under the ticker CTX. The product could become the first spot crypto basket linked to an S&P index. According to the filing, Bitcoin would make up about 69% of the portfolio. Ether would account for roughly 14%. XRP would represent about 5%. Other holdings would include Binance Coin at 4% and Solana at 2%. Smaller allocations would go to TRON, Cardano, Bitcoin Cash, Chainlink, and Stellar.

If you're reading this, you’re already ahead. Stay there with our newsletter.

Bitcoin is trading at $89,166 per coin at 12 p.m. EST on Jan. 24, 2026, with derivatives markets sending mixed but revealing signals beneath the surface. Futures leverage is easing, options traders remain selectively optimistic, and liquidation data suggests excess positioning is still being worked off.

Journalist

Posted: January 25, 2026

Bitcoin’s [BTC] recent price action highlights a structural imbalance. The asset trades range-bound near recent highs, yet follow-through buying remains weak.

Volatility persists as liquidity tightens and risk appetite stays selective. Consequently, capital rotates defensively rather than aggressively into Bitcoin.

Against this backdrop, negative on-chain demand becomes more significant.

Bitcoin’s 30-day Apparent Demand has shifted clearly into negative territory. According to CryptoQuant’s analysis, the deficit deepens to roughly 60,000 to 80,000 BTC, confirming a minor imbalance.

This change reflects distribution by miners and long-term holders, while new buyers fail to absorb supply. Macro conditions contribute as well.

Source: CryptoQuant

Tighter liquidity and elevated rates reduce risk appetite and slow inflows. Importantly, the decline is not driven by staking or intentional withholding.

Instead, coins actively re-enter circulation. As a result, price comes under strain, consolidating and retracing rather than expanding.

During the 2021–2022 cycle transition, similarly sustained negative demand preceded prolonged downside and capped rallies despite temporary price resilience.

The current setup echoes that phase, where stability at the surface masked a weakening market structure underneath.

Unless demand recovers meaningfully, this pattern increases the risk that recent price strength reflects a late-cycle or bear-market rally rather than renewed accumulation.

The situation could ease if spot ETF inflows stabilize or liquidity loosens, likely offering relief for several weeks rather than a lasting reversal.

Bitcoin ETF outflows reinforce weakening demand  Bitcoin spot ETF flows reveal a growing mismatch between capital movement and underlying demand.

At press time, the data indicated the net outflows were more than $1.3 billion per week, although the total ETF assets stood at a high of $115.9 billion, and the price was hovering near $89,500.

Such deviation coincides with the new turn in apparent demand toward a -67,000 BTC deficit, which confirms weak spot absorption.

Source: SoSoValue

ETFs initially supported rallies by absorbing excess Bitcoin supply. However, more recently, the appearance of persistent red bars signals a shift.

Instead of accumulation, ETF activity now reflects distribution, indicating a change in market behavior and investor intent. Historically, similar ETF outflow phases in late 2021 preceded broader market weakness.

The current flows indicate tentative mood, risk-taking, and risk aversion driven by macro-considerations, enhancing pressure on the downside and constraining the ability to follow through with the upside.

Final Thoughts Bitcoin’s price remains resilient, but underlying demand has weakened materially, with apparent demand falling into a -60,000 to -80,000 BTC deficit. At the same time, persistent spot ETF outflows exceeding $1.3 billion per week are amplifying this demand shortfall, signaling increasing downside risk.

TLDR: Dutch parliament will tax unrealized gains on stocks, bonds, and Bitcoin annually starting 2028.  Treasury loses €2.3 billion yearly under current system, forcing lawmakers to support the reform.  Real estate investors benefit with expense deductions and taxation only on realized profits.  MPs criticize the system’s complexity despite annual promises to simplify tax regulations.  The Dutch parliament is moving forward with controversial tax reforms that will require investors to pay annual taxes on both realized and unrealized capital gains starting in 2028. 

The proposed changes to the Box 3 asset tax system have sparked concerns among cryptocurrency and stock market investors. 

Despite widespread criticism, a majority of parliamentarians appear ready to support the legislation due to mounting fiscal pressures.

Parliamentary Support Despite Reservations The Tweede Kamer debated the Box 3 tax modifications on Monday, with members submitting over 130 questions to caretaker State Secretary Eugène Heijen for Taxation. 

Most parliamentarians expressed doubts about the proposal’s framework. However, several major parties indicated they would vote in favor of the changes. The decision stems primarily from financial necessity rather than enthusiasm for the policy.

The Netherlands has gone insane.

The government wants to tax unrealized gains on #Bitcoin from 2028 onwards.

I simply don't understand why people are blindly accepting this and not going all-in to demonstrate against this particular law.

The amount of tax being paid each… pic.twitter.com/HIJhLl6qHq

— Michaël van de Poppe (@CryptoMichNL) January 23, 2026

The current delay in implementing a new system costs the treasury approximately €2.3 billion annually. This budget shortfall has created urgency among lawmakers to pass reforms quickly. 

Political parties including VVD, CDA, JA21, BBB, and PVV have reluctantly agreed to support the bill. Their backing ensures the legislation will likely pass despite concerns about its practical implementation.

D66 and GroenLinks-PvdA offered more enthusiastic support for the measure. These parties favor taxing unrealized gains as a matter of principle. 

GroenLinks-PvdA MP Luc Stultiens explained the rationale, stating the approach “won’t lead to billions in budget losses and is easier to implement.” 

The left-wing coalition also advocated for higher tax rates on individuals with substantial capital gains.

The proposed system emerged after court rulings deemed the previous Box 3 framework unlawful. Judges determined the government incorrectly based taxes on fictitious returns rather than actual gains. 

This legal challenge forced policymakers to redesign the entire structure. The 2028 deadline represents the earliest feasible date for launching the revised system.

Real Estate Benefits and System Complexity Real estate investors will see advantages under the new framework compared to current rules. Property owners can deduct expenses from their taxable profits moving forward. 

Additionally, they face taxation only when profits are realized through sales or other transactions. The government will impose an extra levy on personal use of second homes.

Stock, bond, and cryptocurrency investors face less favorable treatment under the changes. These investors must pay annual taxes on paper gains even without selling their holdings. 

The requirement to tax unrealized returns represents the most contentious aspect of the proposal. State Secretary Heijnen acknowledged the government prefers taxing only realized gains but cannot achieve this by 2028.

ChristenUnie MP Peter Grinwis criticized the reform’s administrative burden during parliamentary discussions. 

He questioned the policy direction, asking, “We say every year that it should be simpler, but we do the opposite. So much complexity, are we really going to inflict this on our country?” His remarks captured widespread concerns about the system’s practical implementation.

The debate has intensified among cryptocurrency advocates who view the policy as particularly burdensome. One critic noted that “the government wants to tax unrealized gains on Bitcoin from 2028 onwards,” expressing disbelief at public acceptance. 

Social media discussions reflect frustration with the government’s approach to digital asset taxation. Critics argue the system punishes long-term investors and may drive capital out of the Netherlands.

$6.2 million of the funds stolen during the SagaEVM exploit has been traced to deposits into Tornado Cash, a privacy mixer on Ethereum that helps obscure transaction trails. 

The tactic is common among hackers trying to launder considerable stolen funds and make recovery almost impossible. 

The exploit that targeted SagaEVM, described as an L1 to launch L1s, occurred on January 21. After the incident, the team posted on X that the L1 had been paused at block height 6593800 in response to the confirmed exploit on the SagaEVM chainlet.

How the hackers laundered the stolen funds  According to the report by blockchain security firm CertiK, the attackers initially distributed the funds across five separate wallets before they funneled them into the privacy mixer via multiple transactions. 

“Mitigation is underway, and the team is fully focused on a solution,” the team wrote at the time. 

The exploit saw nearly $7,000,000 in USDC, yUSD, ETH, and tBTC transferred to the Ethereum mainnet. The exploiter’s wallet had been identified and fed to exchanges and bridges to blacklist it and possibly reclaim the stolen funds. 

According to Certik’s report, $6.2 million out of those funds is what has now been split into deposits fed into the Tornado Cash mixer. This is expected to frustrate remediation and recovery efforts. 

The latest deposit adds to the notoriety of Tornado Cash, adding to a past checkered with US sanctions and legal issues still plaguing its developers. 

Attackers continue to use it to obscure their trails post-exploit, and it does exactly what it was designed to do — help them disappear. 

What happened to SagaEVM?  According to a post-mortem the team shared on January 21, the incident involved a coordinated sequence of contract deployments, cross-chain activity, and subsequent liquidity withdrawals.

The document revealed that the team paused the chain out of an abundance of caution while they actively investigated and mitigated. It revealed the focus was stopping further impact by keeping SagaEVM paused while mitigation is implemented; validating the full blast radius using archive data and execution traces; and hardening the relevant components before a restart. 

The main components affected by the exploit include the SagaEVM chainlet, as well as Colt and Mustang. Others, like the Saga SSC mainnet, Saga protocol consensus, validator security, and other Saga chainlets, went unaffected. 

“There has been no consensus failure, validator compromise, or signer key leakage,” the document read. “The broader Saga network remains structurally sound.” 

The team claimed its next steps would be to complete root cause validation, patch and harden affected cross-chain and deployment components, coordinate with ecosystem partners where relevant, and publish a more comprehensive technical post-mortem. 

Vulnerability links back to Cosmos  After receiving support from Cosmos Labs engineers, the team has revealed that the issue originated from the original Ethermint codebase, making it an inherited issue. 

In response to that post, Cosmos Labs shared a statement, admitting they are aware of the incident and claiming they have been working closely with Saga and external security partners to investigate and remediate the “confirmed vulnerability.” 

They revealed they had contacted a subset of EVM chains they deemed affected by the incident and provided short-term mitigations. 

“As always, we recommend all projects continue to implement baseline security practices such as rate-limiting and security monitoring to strengthen early detection and mitigation,” they wrote on X.

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The cryptocurrency market has remained locked in a prolonged downturn, one that many participants now openly describe as a bear market. That label appears increasingly difficult to dispute.

After a brutal 35% drawdown, the market has erased more than $1 trillion in value, marking one of its steepest periods of capitulation in recent cycles.

Market liquidity has also continued to thin. What makes the current environment particularly striking is the growing divergence between asset classes. As liquidity dries up, precious metals have staged an aggressive rally, with gold and silver delivering sustained upside while digital assets slide further into weakness.

This widening gap underscores a broader shift in investor behavior. As traditional investors step away from crypto exposure, precious metals are tightening their grip as the market’s preferred refuge.

Traditional investors exit from crypto ETFs Traditional investors have continued to unwind positions across major digital assets, including Bitcoin [BTC], Ethereum [ETH], Solana [SOL], and XRP, through U.S. spot ETFs.

Bitcoin ETFs have borne the brunt of the sell-off. More than $1.33 billion has exited the market, pushing outflows to levels last seen in November, when selling momentum intensified sharply.

Ethereum ETFs have followed a similar trajectory, recording net withdrawals of $611 million, comparable to the sell-off observed in mid-December.

Source: Sosovalue

XRP’s U.S. spot ETF recorded its first negative weekly netflow, with $40.6 million pulled from the market.

This marked a sharp reversal from the previous week, when inflows surged to $56.83 million, the strongest reading in January. Solana stood as the lone exception, managing to retain positive weekly inflows. Even so, the $9.57 million added represented its weakest inflow on record.

The steady drumbeat of outflows points to a clear shift in sentiment. For many institutional players, digital assets no longer offer the risk-reward profile they once did.

Instead, capital appears to be gravitating toward assets that promise stability and are currently delivering it.

Precious metals absorb capital flight Precious metals have extended their rally, led decisively by gold and silver. Together, they now rank among the world’s most valuable asset classes, boasting market capitalizations of $34.64 trillion and $5.81 trillion, respectively.

Since the broader crypto market slipped into decline in October, silver has surged to fresh highs, while digital assets continue to probe lower levels.

Over this same period, silver has added value roughly equivalent to Bitcoin’s entire market capitalization. Gold and platinum have also posted strong, sustained gains.

This renewed appetite for precious metals has been fueled by rising geopolitical tensions, particularly involving the United States and several European nations, which have amplified risk aversion across global markets.

Concerns over the weakening purchasing power of the U.S. dollar have further accelerated the shift. In times of uncertainty, investors have once again turned to precious metals as reliable safe havens.

For digital assets—often categorized as risk-on investments, the implications are stark. Capital inflows remain constrained as investors prioritize capital preservation and more predictable returns, a framework that currently favors precious metals.

Any path to recovery? The outlook for a near-term recovery in the crypto market remains uncertain. Geopolitical risk has already nudged investors toward safety, but a deeper challenge lies in the evolving dynamics of global liquidity.

Global liquidity has continued to expand, reaching a record $162 trillion. Historically, such expansion has acted as a tailwind for crypto markets, with higher liquidity closely aligned with rising digital asset prices.

Global liquidity reflects the total pool of money and credit circulating through the world’s financial system. Under normal conditions, this would be a supportive backdrop for crypto.

Source: TradingView

Yet since November 15, a striking decoupling has emerged. While the global liquidity index continues to climb, the crypto market has trended lower. This divergence suggests that capital is flowing elsewhere, disrupting the rotation patterns that once favored digital assets.

Still, some market participants remain cautiously optimistic.

A more supportive macro backdrop could emerge with the appointment of a new Federal Reserve chair, whose policy stance may prove more accommodating to risk assets, including cryptocurrencies, over the longer term.

Final Thoughts Capital outflows and weakening funding conditions have now been recorded across all four major U.S. spot cryptocurrency exchange-traded funds, highlighting a clear pullback in institutional conviction. Precious metals continue to shine. Silver has emerged as the standout performer, notching the strongest gains as the crypto market remains trapped under persistent selling pressure.

Local Las Vegas restaurants and chains are increasingly accepting Bitcoin. Businesses are saving 2.5–3.5% in credit card processing fees. Las Vegas local Businesses are accelerating their usage with crypto-related payments, mainly with Bitcoin, as it is preferred more than credit card payments because of lower transaction fees, which is the main advantage seen, and is being adopted as mainstream adoption. 

According to the local news channel Fox5Vegas, restaurant chains in Las Vegas, including small juice bars, are avoiding credit card processing fees that range from 2.5% to 3.5%, while tapping into a growing customer base actively seeking crypto-friendly merchants. 

According to the local vendors, calls and inquiries are frequently received, and consumers who would not typically be aware of their store come in particularly to spend Bitcoin. Through specialized Bitcoin maps or the directory function of the Cash App, customers can find companies that take Bitcoin, establishing natural routes of discovery for businesses that accept crypto payments, noted  Fox5Vegas.

Big brands accelerate Bitcoin adoption With that, earlier this week, the large business, Steak ‘n Shake, will provide hourly employees at its company-operated restaurants with a Bitcoin bonus of $0.21 per hour worked, starting from March 1, with the collaboration with Fold Holdings, where they both joined on October 2025 and introduced  Bitcoin Burger for customers. 

As per the reports, the company recorded $69.3 million in revenue in Q2 2025, up 12% year on year, with executives crediting Bitcoin users for driving a 10.7% increase in overall performance. With a 15% rise in sales in Q3, the momentum picked up speed, surpassing key competitors like McDonald’s, Burger King, Taco Bell, and Starbucks to create one of the fast-food industry’s most remarkable runs. With that, Steak ‘n Shake announced the creation of a Strategic Bitcoin Reserve, where all payments received in Bitcoin will be stored.

The change comes after Square, a financial service platform, decided in November 2025 to launch Square Bitcoin, the first fully integrated Bitcoin wallet and payment system designed for local companies of all sizes, and allowing U.S. retailers to accept Bitcoin payments with no processing costs. Moreoever, it predicts that between 2024 and 2026, Bitcoin will continue to play a bigger role in daily transactions.

Highlighted Crypto News Today:

SPACE Token Debuts With Airdrop Plans and Exchange Listings, Sees Volatile Trading

Zcash Bear Trap Active After 15% Rebound: What’s Next for ZEC Price?Zcash rebounded 15%, but must reclaim the 100-day EMA to confirm a true trend shift.Whales added roughly 4,000 ZEC since Jan 19, signaling accumulation after breakdown.Price sits 9% below breakout; failure risks renewed downside toward $335 support.The Zcash price has done something important after weeks of weakness. Since January 19, the ZEC price has rebounded nearly 15%, lifting from the breakdown low near $336 to around $362. That move came just days after a confirmed bearish pattern break, exactly the kind of setup that often traps aggressive sellers.

The structure still looks dicey on the surface. But under it, accumulation has quietly picked up. Now the focus shifts to one level. Zcash sits roughly 9% below a key Fib level, which also puts a key EMA line in focus. Whether price can reclaim that level may decide if this rebound stays a bounce or turns into something larger, a rally maybe.

Rebound Puts the 100-Day EMA Back in FocusThe rebound did not come out of nowhere.

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After the head-and-shoulders breakdown was activated, the Zcash price briefly dipped toward $336 before buyers stepped in to possibly activate the trap.

Since then, the price has climbed about 15%, stalling just below the 100-day EMA (exponential moving average). An EMA is a trend indicator that gives more weight to recent prices.

The last time Zcash reclaimed its 100-day EMA, on December 3, the price went on to rally more than 70% in the weeks that followed. That history does not guarantee a repeat, but it explains why this level matters so much now.

Zcash Trap Setup: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

At the same time, sellers are still active near resistance. ZEC has struggled to push through $386, where this bounce stalled, showing that supply has not disappeared. This keeps the bearish structure technically alive. The question is whether the buying underneath is strong enough to force a reclaim anyway.

That answer starts with who has been buying since January 19.

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Whales Accumulate as Dip Buying Strength BuildsOn-chain data shows accumulation where it usually matters most.

Over the past seven days, mega whales (top 100 addresses) have increased their ZEC holdings by roughly 9%, lifting balances to about 42,623 ZEC. That implies a net accumulation of close to 3,500 ZEC during the rebound phase.

Standard whale wallets have followed. Holdings in this cohort rose by about 5%, taking balances to roughly 10,182 ZEC. That equals an additional 480 ZEC accumulated over the same period.

ZEC Accumulation Continues: NansenCombined, whales have added around 4,000 ZEC since January 19. This is not buying at highs. It is an accumulation after a confirmed breakdown, expecting price strength. Smart money, however, has left completely, hinting at minimal bounce expectations in the near term.

Momentum indicators support that view. Between January 14 and January 24, ZEC’s price trended lower, but the Money Flow Index moved higher, creating a bullish divergence.

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MFI measures buying and selling pressure using both price and volume, a potential dip buying indicator. When price falls while MFI rises, it signals dip buying beneath the surface. That pattern often protects potential downsides.

Dip Buying Active: TradingViewDerivatives positioning adds another layer. After the recent move, leverage has reset, turning mostly balanced. Over the next 30 days on Binance ZEC perpetuals, short liquidations still slightly outweigh longs at $26.37 million vs. $22 million in longs.

That imbalance means price does not need a full trend reversal to move higher. Even a moderate push can begin forcing short covering.

Shorts Still Outweigh Longs: CoinglassAll of these points point to the same thing. Accumulation is present.

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Zcash Price Levels That Confirm or Kill the Bear TrapThe structure is now simple.

On the downside, the trap fails if ZEC loses $335-$336 on a daily close. A move back below that level keeps the bearish pattern active and reopens the path toward deeper downside.

On the upside, the key test sits near $386-$395 (the 0.236 Fib level), roughly a 9% move from current levels. That zone lines up with the 100-day EMA. A daily close above it would mirror the December reclaim and materially weaken the bearish structure.

If that reclaim happens, the next upside zone comes in near $463, where prior supply and liquidation clusters sit. A push beyond that would invalidate the right shoulder of the head-and-shoulders pattern entirely. Above $557, the broader bearish thesis breaks down.

Zcash Price Analysis: TradingViewUntil one of those levels gives way, the Zcash price remains in a narrow decision zone.

The takeaway is straightforward. ZEC has already rebounded 15%, whales are accumulating into weakness, and dip buying pressure is visible. Price now sits just 9% from the level that historically unlocked much larger moves.

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.

100M Shiba Inu now costs just $781, down from $3,300 in December. Analysts predict it could surge to $19,710 by 2030.

Newton Gitonga2 min read

24 January 2026, 08:30 PM

Shiba Inu continues to draw market attention despite a prolonged price decline, as investors reassess long-term return potential. Many now focus on the cost of building a large SHIB position today. Others weigh whether future market recovery could significantly lift valuations by 2030. The debate reflects broader uncertainty about the durability of meme cryptocurrencies.

Cost of Buying 100 Million SHIB at Current PricesShiba Inu hit an all-time high of $0.00008845 in October 2021. Since then, the token has fallen about 91% from that peak. At its current price of roughly $0.00000781, SHIB trades near multi-year lows. This decline has reshaped entry costs for long-term holders.

At today’s valuation, purchasing 100 million SHIB costs about $781. Market comparisons highlight how sharply prices have shifted. In December 2025, when SHIB traded near $0.000033, the same amount cost around $3,300. Supporters say this reduced entry level improves upside potential if prices rebound over time.

The prolonged downturns often attract accumulation strategies. SHIB’s continued visibility and strong trading volumes. However, they also stress that price recovery depends on broader market cycles. SHIB remains closely correlated with overall crypto sentiment.

Despite its losses, Shiba Inu stays among the most-watched meme cryptocurrencies. Community size and brand recognition continue to drive interest. Still, observers caution that popularity alone does not guarantee sustainable growth. Structural factors increasingly shape investor expectations.

2030 Price Forecasts and Portfolio Value OutlookPrice forecasts for Shiba Inu in 2030 differ widely across research platforms. Finder’s panel projected SHIB could reach $0.0001971 by 2030. This scenario implies a 2,382% increase from current levels. Under that estimate, 100 million SHIB would be worth about $19,710.

Changelly offered a more conservative projection. Its estimates place SHIB between $0.0000458 and $0.0000532 by 2030. This range would value a 100 million SHIB holding between $4,580 and $5,320. Telegaon presented a broader outlook, forecasting prices between $0.0000919 and $0.000124. At the upper level, today’s $794 investment could rise to roughly $12,400.

Broader market expectations also influence these forecasts. ARK Invest, led by Cathie Wood, projected the total crypto market could reach $28 trillion by 2030. Analysts linked this outlook to the expansion of blockchain adoption. They said major assets and select altcoins, including SHIB, could benefit if this growth materializes.

Optimism has also emerged around a possible spot SHIB ETF. Grayscale recently identified SHIB as eligible under the SEC’s Generic Listing Standard framework. Market observers referenced Bitcoin and Ethereum price rallies following ETF inflows. However, critics continue to highlight slow development, limited transparency, and SHIB’s massive supply as constraints on long-term gains.

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

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Latest Shiba Inu News Today (SHIB)

TLDR: Hacker “John” exposed $23M in stolen crypto during a public “band-for-band” dispute with another hacker. ZachXBT traced the wallet to a $90M illicit pool tied to US government seizures from Bitfinex hack. Recorded screen-shared wallet movements provided crucial evidence linking multiple hacker addresses. John’s wallet received $63M in 2025 from addresses connected to government-controlled seizure funds Infamous hacker, alias “John” or “Lick,” found themselves in hot water after flaunting $23 million in stolen cryptos. Blockchain investigator ZachXBT traced these funds back to U.S. government seizure addresses. 

The hacker’s public display of wealth during an online dispute led to the discovery of these illicit links. This incident began when “John” participated in a “band for band” (b4b) contest with another threat actor. 

The entire exchange, which included screen-shared wallet movements, was recorded and later analyzed by ZachXBT. Through this, millions in stolen cryptos were linked back to a $90 million pool of suspected illicit funds.

These include assets tied to the Bitfinex hack, which the U.S. government had previously seized. ZachXBT’s tracing efforts revealed John’s past cases of cybercriminals by exposing all stolen cryptocurrency. 

This development provides law enforcement with valuable evidence for potential future actions.

The Band-for-Band Dispute and the Exposure of Funds The recorded online dispute became the key to tracing illicit funds. John and another hacker, known as Dritan Kapplani Jr., engaged in a high-stakes “band for band” exchange. 

Each participant tried to show they had control over the most significant crypto assets. In one segment of the recording, John revealed control of a Tron wallet with around $2.3 million. 

Later, another $6.7 million in ETH was transferred into a specific wallet. By the end of the session, approximately $23 million in cryptocurrency had been consolidated into John’s wallet address, 0xd8bc. 

1/ Meet the threat actor John (Lick), who was caught flexing $23M in a wallet address directly tied to $90M+ in suspected thefts from the US Government in 2024 and multiple other unidentified victims from Nov 2025 to Dec 2025. pic.twitter.com/SBAFU5hTnE

— ZachXBT (@zachxbt) January 23, 2026

The recording clearly demonstrated John’s control over multiple addresses and provided a rare look into the operations of cybercriminals. For blockchain investigator ZachXBT, this was an opportunity to trace the funds further back.

Through tracing the wallet’s transaction history, ZachXBT linked 0xd8bc to a series of other addresses. Including 0x8924, which John reportedly confirmed owning. 

One particular transaction in November 2025 stood out, where 1,066 wrapped ether (WETH) was transferred from wallet 0xc7a2. Interestingly, this wallet had previously received funds linked to the U.S. government’s Bitfinex hack seizure.

Tracing the Funds to U.S. Government Seizures ZachXBT’s investigation revealed that the funds in John’s wallet were not just from random victims. They were connected to government-controlled seizure addresses. 

A wallet linked to John had received $24.9 million tied to the Bitfinex hack seizure in March 2024. There was a direct link between the hacker’s funds and one of the largest government seizures related to crypto theft. 

Despite the hacker’s attempt to hide their tracks, blockchain tracing exposed the full scope of their illicit activities. The U.S. government address, which had received the stolen funds, still holds approximately $18.5 million as of the latest transaction.

ZachXBT also found that John’s wallet received additional significant transfers, including more than $63 million in 2025. When tracked this funds came from addresses connected to government-controlled addresses. 

This pattern demonstrated that John had a wide network of stolen assets. When investigated, most traced back to high-profile crypto hacks and government seizures.

In 2024, a group who flaunted a $243 million fraud in the same way was arrested prematurely. In many instances, displaying stolen property in public has proven to be quite harmful.

This is because it creates opportunities for law enforcement to track, document activities in, and build criminal cases.

The consumer space can be a great place to find attractive stocks right now.

With the market being roiled with talks of Greenland and tariffs, the consumer space is the one that always seems to take the brunt of it. However, there are now some really attractive stocks in that segment.

Here is a rundown of my five favorite stocks at the moment.

Image source: Getty Images.

Amazon Amazon (AMZN +2.12%), the world's largest e-commerce company, has admitted that tariffs are starting to lead to increased prices on its platform. However, sales have held up well for the company, and more importantly, it has been seeing strong operating leverage in its e-commerce due to its investments in robotics and artificial intelligence (AI).

This was on full display in the third quarter, when its North American revenue rose 11%, while its adjusted operating income soared 28%. Meanwhile, AWS, the company's cloud computing unit, is seeing strong revenue growth, up 20% year over year in the third quarter.

Trading at a forward price-to-earnings ratio (P/E) below 24, the 2026 analyst consensus, the stock is cheap.

Chewy If you want a defensive stock with good growth at an attractive valuation, Chewy (CHWY 2.48%) is the stock for you. The bulk of the company's sales comes from pet food and other pet essentials that are auto-shipped to customers.

This is a very stable business, and revenue growth has been strong, rising by more than 8% each quarter recently. Despite that, the stock trades at a forward P/E of just 21 times 2026 analyst estimates.

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The company has also taken some pages from Amazon's book to help drive growth and increase gross margins. This includes launching a paid membership program and offering sponsored ads. It's also pushing more into private-label products and pet pharmacy items, both of which also carry significantly higher margins.

Philip Morris International Another great defensive growth stock is Philip Morris International (PM +1.75%). The company doesn't have to worry about the U.S. tariff war, since it largely relies on regional manufacturing that isn't impacted. It also benefits from not selling cigarettes in the U.S., which is a rapidly declining market.

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The company's smoke-free portfolio, highlighted by the nicotine pouch Zyn and heated tobacco brand Iqos, is driving strong growth. Zyn has become a sensation, with U.S. shipments up 37% and international growth outside its established Nordic markets more than doubling in the third quarter.

Sales volumes for Iqos climbed more than 15% last quarter. Both products carry better unit economics than cigarettes, also helping boost gross margins.

At a forward P/E of 18 and a price/earnings-to-growth ratio (PEG) of 0.65 (with less than 1 considered undervalued), this is a stock to buy now.

Dutch Bros For investors looking for a pure growth story, Dutch Bros (BROS +0.73%) is a great option. The coffee shop operator is growing its same-store sales, and that should continue with the rollout of hot food items scheduled for three-quarters of its locations. Thus far, the locations that have tested food items have seen about a 4% lift in sales.

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The company is also rapidly expanding. At the end of the third quarter, it had fewer than 1,100 locations, with plans to increase that to more than 2,000 by 2029. Overall, it thinks it can support around 7,000 locations in the U.S., leaving a long runway of expansion growth.

JAKKS Pacific For investors looking for a cheap turnaround play, JAKKS Pacific (JAKK 0.94%) could be just the ticket. The toymaker has been hurt by tariff worries, but a strong 2026 slate of children's movies bodes very well. And the stock trades at only six times 2026 analyst earnings estimates.

While JAKKS has been working to become less reliant on its licensed portfolio and the impact that movies have on these product lines, it is still very much beholden to blockbuster kids' movies to generate interest in product tie-ins. For 2026, that's a very good thing.

There are plenty of potential blockbuster movies this year across age cohorts, including Toy Story 5, The Mandalorian & Gogu, The Super Mario Galaxy Movie, Masters of the Universe, Paw Patrol: The Dino Movie, and Minions 3, to name a few. JAKKS, a cheap stock with a catalyst, is worth buying here.

Biotech headwinds are driving double-digit revenue growth and profitability for these two mid-caps.

The biotech sector returned to health in 2025 after years of sickly returns. A key sign of vitality was the SPDR S&P Biotech ETF (IBB 1.30%), which rose 27% in 2025, nearly doubling the 16% gain by the S&P 500.

Lower interest rates aided the biotech bounceback, as many companies in the sector rely on a big dose of debt. Their shares also rose as the number of patent cliffs for blockbuster drugs increased, prompting pharmaceutical giants to go on a buying spree, scooping up therapies pioneered by biotechs.

Shares of Halozyme Therapeutics (HALO 2.90%) have increased by more than 25% over the past year, while shares of Catalyst Pharmaceuticals (CPRX 3.56%) have risen slightly more than 3% over that time. The two mid-cap companies, after our fiscal checkup, appear to be poised for a strong 2026, albeit for different reasons.

Halozyme has a hale and hearty moat Halozyme, based in San Diego, is a pick-and-shovel stock with lower costs than most biotech stocks because it focuses on drug-delivery systems, not therapies. It is in the process of acquiring a competitor, Elektrofi, which uses a different drug-delivery system.

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Halozyme licenses its Enhanze drug-delivery platform to other biopharmaceutical companies, enabling them to optimize intravenous and subcutaneous (under-the-skin) dosing. The Enhanze platform is already used in 10 drugs, including two of the top cancer therapies, Herceptin, a Roche drug used to treat breast cancer and stomach cancer and Johnson & Johnson therapy Darzalex Faspro, used to treat the blood cancer, multiple myeloma.

Halozyme began receiving additional royalty revenue this year as Opdivo, a solid tumor therapy sold by Bristol Myers Squibb, received approval in Europe in May for its subcutaneous use. Halozyme isn't as affected by tariff concerns as its manufacturing is in the U.S.

Halozyme's fiscal fitness is demonstrated by strong third-quarter numbers with record revenue and earnings per share (EPS). Third-quarter revenue was up 22% year over year to $354 million, with royalty revenue of $236 million, up 52% over the same period a year ago. Third-quarter earnings per share (EPS) jumped 36% year over year to $1.43. It also trimmed its net long-term debt from $1.5 billion to $800 million.

One concern about Halozyme is that its margins could wither under the recently passed Inflation Reduction Act. Another worry is the cost and outcome of its patent suit with Merck over that company's recently FDA-approved subcutaneous version of lung cancer therapy Keytruda. However, a German court issued a preliminary injunction against Merck in December over the subcutaneous version of Keytruda.

Halozyme is forecasting annual revenue of $1.3 billion to $1.375 billion, meaning 28% to 35% growth, and EPS of $6.10 to $6.50, an increase of at least 44%. Those gains, if realized, could give investors' portfolio a healthy shot in the arm. 

Catalyst Pharmaceuticals' focus on rare diseases drives profits Catalyst, based in Coral Gables, Fla., specializes in treatments of rare and central nervous system disorders. It has three commercial therapies: anti-seizure drug Fycompa, Firdapse, which is the only FDA-approved therapy for Lambert-Eaton myasthenic syndrome, a neuromuscular condition that often affects small cell lung cancer patients, and Agamree, which treats Duchenne muscular dystrophy.

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The bull case for Catalyst is its phenomenal revenue growth. From 2021 to 2024, it reported a revenue gain of 249%.

This year, through nine months, Catalyst posted double-digit gains. Overall revenue jumped 24%, year over year, to $436.3 million. EPS crushed a 45.9% climb over the same nine-month period a year ago, to $1.27. Thanks to strong sales growth, mainly from Agamree, Catalyst predicts annual revenue of $565 million to $585 million, up nearly 17% at the midpoint from 2024.

As the company adds indications for its therapies, it is well-positioned with $700 million in cash and no debt as of Dec. 31, allowing it to grow through research and development spending or key acquisitions.

The biggest concern for Catalyst is declining Fycompa sales, which fell 26% year over year to $23.8 million in the third quarter, due to increased competition from generic treatments. However, the prospect of Canadian approval for Agamree and promising early data from its SUMMIT study on Agamree probably outweighs that worry. The SUMMIT study is a five-year follow-up to evaluate the safety profile of Agamree, looking at its potential benefits on behavior, stature, bone health and cardiovascular health.

2026 could be a banner year for biotech stocks Halozyme and Catalyst continue to see healthy double-digit revenue growth and strong fundamentals. However, as smaller mid-cap stocks, they remain buys because they have been somewhat overlooked.

Unlike many biotech competitors, both companies are profitable. Despite that, their valuations haven't skyrocketed, at least not yet, as evidenced by their price-to-earnings ratios. 

Halozyme is trading around 15 times earnings, while Catalyst is trading for less than 14 times earnings in a sector where the average P/E is above 26. Both companies have low or no debt, allowing them more flexibility in choosing how they plan to grow.

They have also carved out their own niche among biotechs, focusing on what they do well. Halozyme is expanding its drug-delivery portfolio, while Catalyst enjoys high margins by focusing on rare diseases with unmet needs. Smart biotech investors would do well to pluck up shares to start what looks to be a promising year.

Toronto, Ontario--(Newsfile Corp. - January 24, 2026) - Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to report that Bruce MacLachlan, President and COO of the Company, will be interviewed in Vancouver to familiarize the markets with up-to-date information on Bold's projects and current operations. The interviews will be held at the Vancouver Convention Center West Building during the Vancouver Resource Investment Conference ("VRIC"), where the Company will also have a booth (number 512).

Interviews will be conducted by: Investing News Network (INN) on Sunday, January 25th (11:20 a.m. PT, Meeting Room 113); Blue Sun Productions Inc. (for Business Television - BTV) on Sunday, January 25th (2:00 p.m. PT, Meeting Room 108); and by Red Cloud TV on Monday, January 26th (10:45 a.m. PT, Booth 1011).

Bruce MacLachlan, President and COO of Bold, stated: "We are excited to update current and potential investors on recent developments at Bold's projects and our future plans. We also hope to engage with many of them at our VRIC booth (number 512) as well as our booth number 1624 at the AME Round Up Conference on January 25th and 26th." The Company and Investing News Network and have an ongoing investor awareness campaign that runs through May of 2026 (see Bold's News Release May 26, 2025).

The advertising and investor awareness campaign agreement with Blue Sun Productions Inc., through its Business Television BTV platform ("Blue Sun"), and Red Cloud Financial Services Inc., through its Red Cloud Media and TV platforms ("Red Cloud") will include interviews during the VRIC and efforts to continue to build Bold's name recognition and corporate message via digital and social media platforms resulting in greater market awareness of Bold's high potential projects and management's experience and successful track record of discoveries.

The Company will pay $4,100 to Blue Sun and $2,000 to Red Cloud for the advertising services, which will conclude at the end of the VRIC. Both Blue Sun and Red Cloud are arm's length parties to the Company and neither Blue Sun nor Red Cloud has any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.

For over two decades, BTV has profiled emerging publicly traded companies in all sectors with top industry analysts across Canada and the USA. Red Cloud Media is a growth-driven digital agency geared towards servicing clients and providing thought-provoking conversations from industry leaders and influencers across the mining sector.

Bold Ventures management believes our suite of Battery, Critical and Precious Metals exploration projects are an ideal combination of exploration potential meeting future demand. Our target commodities are comprised of: Copper (Cu), Nickel (Ni), Lead (Pb), Zinc (Zn), Gold (Au), Silver (Ag), Platinum (Pt), Palladium (Pd) and Chromium (Cr). The Critical Metals list and a description of the Provincial and Federal electrification plans are posted on the Bold website here.

About Bold Ventures Inc.

The Company explores for Precious, Battery and Critical Metals in Canada. Bold is exploring properties located in active gold and battery metals camps in the Thunder Bay and Wawa regions of Ontario. Bold also holds significant assets located within and around the emerging multi-metals district dubbed the Ring of Fire region, located in the James Bay Lowlands of Northern Ontario.

For additional information about Bold Ventures and our projects please visit boldventuresinc.com or contact us at 416-864-1456 or email us at [email protected].

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

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281522

Source: Bold Ventures Inc.

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Google-parent Alphabet (GOOGL), Nvidia (NVDA) and Eli Lilly (LLY), a trio of trillion-dollar companies, lead this weekend's watch list of five stocks near buy points. Delta Air Lines (DAL) and luxury homebuilder Toll Brothers (TOL) round out the list. Nvidia, Google and Eli Lilly stock each boast a perfect 99 IBD Composite Rating. The single rating combines both fundamental and…

Related news These 7 Stocks Are Analyst Favorites For Magnificent Earnings Growth; Google Stock Holds Near Buy Point 1/24/2026 Among the best stocks in earnings performance, Broadcom boasts a 98 EPS Rating, one of the highest in the chip...

1/24/2026 Among the best stocks in earnings performance, Broadcom boasts a...

Expense-conscious and risk-averse investors may find key differences in how these gold ETFs manage costs and volatility.

SPDR Gold MiniShares Trust (GLDM +1.33%) features significantly lower expenses and a shallower historical drawdown than iShares Gold Trust (IAU +1.33%), while both track the price of gold with similar recent returns.

Both IAU and GLDM are designed to give investors exposure to the price of gold bullion, providing a way to participate in gold’s performance without physical storage hassles. This comparison looks at their costs, historical performance, risk, and structure to help clarify where each fund fits in a gold allocation.

Snapshot (Cost & Size)MetricIAUGLDMIssuerISharesSPDRExpense ratio0.25%0.10%1-yr return (as of 2026-01-09)67.2%66.2%Beta0.090.09AUM$72.9 billion$28.0 billionBeta measures price volatility relative to the S&P 500; beta is calculated from five-year weekly returns. The 1-yr return represents total return over the trailing 12 months.

GLDM stands out as the more affordable option on expenses, with a 0.10% annual fee compared to IAU’s 0.25%. Yield is not a consideration for these funds, as neither pays a dividend.

Performance & Risk ComparisonMetricIAUGLDMMax drawdown (5 y)-20.92%-20.92%Growth of $1,000 over 5 years$2,414$2,427What's InsideGLDM is a pure gold exposure vehicle, with 100% of its portfolio aligned to real estate—here reflecting gold holdings rather than traditional property assets. The fund has been around for 7.5 years, offering direct access to gold prices with no sector or issuer quirks, and does not hold equities or alternative assets. The specific holdings and sector blurb mirror IAU, with both funds designed to track gold’s spot price as closely as possible.

IAU follows the same approach, offering investors exposure to the price movements of gold bullion. There is no sector tilt or equity exposure, and the holdings structure is nearly identical to GLDM, making both funds straightforward options for tracking gold’s performance without additional complexity.

For more guidance on ETF investing, check out the full guide at this link.

What This Means For InvestorsFor most investors, it makes sense to own some gold. That's because gold is a longstanding hedge against inflation -- the process by which prices rise, and money itself loses purchasing power. Moreover, ETFs are a great way to develop gold exposure, as they generate returns that duplicate the price appreciation of physical gold bullion without any of the storage and safety concerns of owning large amounts of physical gold.

Turning to the ETFs themselves, both IAU and GLDM provide direct gold exposure with minimal differences in recent returns, but GLDM’s lower expense ratio and smaller historical drawdown may appeal to cost-conscious or risk-averse investors. On the other hand, IAU has over $79 billion in AUM, while GLDM has only $27 billion. While both figures denote ample liquidity that would allow for investors to trade in and out of shares with ease, some people may be drawn to IAU's larger AUM.

In summary, IAU and GLDM both offer easy access to gold for investors seeking gold exposure. Most investors would be wise to favor GLDM, given its lower expense ratio, which will save them money over the long term.

This venerable money transmitter may not be the financial dinosaur many investors make it out to be.

Admittedly, shares in Western Union (WU +0.85%) have been a bit of a yield trap over the past five years or so. During this time frame, the money transmitter has continued to make regular quarterly dividend payments of $0.235 per share.

However, a steady decline in Western Union's stock price has outweighed these payouts. Over the past five years, total returns have come in at loss of 40%, versus a gain of 92% for the S&P 500. But while shares have failed to be profitable for buy-and-hold dividend investors, don't assume this poor performance will persist.

Today's Change

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In fact, there are three key reasons why Western Union can, over the next three years, shake off its yield trap reputation and experience a significant leap higher.

Image source: Getty Images.

1. Western Union remains profitable, despite disruption fears With so many online-based cross-border remittance apps and platforms currently in operation, there is the assumption that Western Union, still largely focused on its brick-and-mortar locations, faces the risk of permanent "disruption" from these fintech-based competitors.

However, while online competition has contributed to Western Union's steady decline, the company has remained profitable. The company has consistently reported positive generally accepted accounting principles (GAAP) earnings. Furthermore, earnings have been more than sufficient to cover the stock's quarterly cash dividend. The stock's dividend payout ratio is currently around 55%.

Currently, this dividend gives the stock a forward dividend yield of 10.3%. While I wouldn't count on any dividend growth anytime soon, this high payout is likely sustainable, especially given Western Union's various "return to growth" efforts.

2. There's a lot of promise to the company's turnaround plan As discussed in its Nov. 6 Investor Day presentation, Western Union has spent the past few years transitioning into a digital-first payments company. It has also expanded into other types of consumer services, including travel money, bill payment, and prepaid card services.

At the same time, Western Union is in the process of acquiring a Latin America-focused competitor, International Money Express. The company expects this deal to be immediately accretive to shareholders. Western Union has also moved into the stablecoin space. This year's planned launch of U.S. Dollar Payment Token (USDPT) could also drive organic growth.

Taking all of these aspects of the turnaround into account, management expects 20% revenue growth between 2026 and 2028, with 2028 earnings between $2.15 and $2.45 per share. If achieved, this could have a significant impact on Western Union's stock price.

3. Collect a high-yield while waiting for tremendous upside Assuming Western Union's turnaround proves successful, shares will likely not only rise in line with increased earnings. If the company returns to just moderate growth, it could also result in a rerating -- a change in investor sentiment -- in the shares.

Currently, the stock trades for only 5.1 times forward earnings. Even if the stock receives a forward multiple in the high single digits, such as 7.5 times earnings, at earnings of $2.45 per share, Western Union could be trading for around double its current share price within two years.

While execution uncertainty remains a risk, given the stock's high yield and strong upside potential, investors should consider Western Union a buy.

SAN DIEGO, Jan. 24, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Varonis Systems, Inc. (NASDAQ: VRNS) common stock between February 4, 2025 and October 28, 2025, inclusive (the “Class Period”), have until Monday, March 9, 2026 to seek appointment as lead plaintiff of the Varonis class action lawsuit. Captioned Molchanov v. Varonis Systems, Inc., No. 26-cv-00117 (S.D.N.Y.), the Varonis class action lawsuit charges Varonis and certain of Varonis’ top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Varonis class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-varonis-systems-inc-class-action-lawsuit-vrns.html

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

CASE ALLEGATIONS: Varonis provides software products and services.

The Varonis class action lawsuit alleges that defendants created the false impression that they possessed reliable information pertaining to Varonis’ projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. The complaint alleges that in truth, Varonis’ optimistic reports of growth, cost cutting measures, and overall effectiveness of its sales team to continue to convince existing clientele to convert to its SaaS offering fell short of reality; Varonis was simply ill-equipped to continue its annual recurring revenue growth trajectory without maintaining a significantly high rate of quarterly conversions.

The Varonis class action lawsuit further alleges that on October 28, 2025, Varonis released its third quarter results that came in well below their previous projections and resultantly lowered their full-year guidance. Varonis’ CEO, defendant Yakov Faitelson, allegedly elaborated on the reasons for the shortfall, attributing it to the “final weeks of the quarter” where Varonis “experienced lower renewals in the Federal vertical and in our non-Federal on-prem subscription business, which led to a shortfall relative to our expectations.” On this news, the price of Varonis stock fell nearly 49%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Varonis common stock during the Class Period to seek appointment as lead plaintiff in the Varonis class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Varonis investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Varonis shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Varonis class action lawsuit.

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]