Market Signal Briefing

Crypto.com, the Singapore-based cryptocurrency exchange, has informed its users that they will soon be able to borrow wrapped crypto assets and earn returns on stablecoins through Morpho, a decentralized finance (DeFi) lending protocol. 

This update was made public after an announcement on Thursday, October 2, revealing that Morpho intends to establish stablecoin lending markets on the Cronos blockchain, with the launch of the first vaults anticipated later this year.

With this combination, users can deposit wrapped Ether or Bitcoin into Morpho vaults and utilize them as collateral to borrow stablecoins and earn yield.

The Morpho lending protocol acts as a game-changer in blockchain technology 
Wrapped assets are tokens on one blockchain, such as Ethereum, that represent an asset from a different blockchain, like Bitcoin, at a 1:1 value. On Cronos, wrapped tokens like CDCETH and CDCBTC reflect ETH and BTC, enabling users to add value to the network and access DeFi lending markets without leaving the chain.

Following these updates, Morpho’s co-founder and integration team lead, Merlin Egalite, said that they aim to provide a trusted user experience in the front, with DeFi infrastructure in the back. He further explained that the protocol will be directly combined into Crypto.com’s platforms, offering its lending features to all users.

Morpho connects lenders and borrowers using platforms such as Aave and Compound. With its increased adoption, the protocol has been positioned as the second-largest DeFi lending protocol, with a total value locked of around $7.7 billion, according to reports from DefiLlama.

For the accessibility of this protocol, Egalite mentioned that users based in the US will have the chance to access the protocol. He acknowledged that the Genesis Act hinders stablecoin issuers from directly paying reserve yields to holders. However, he stated that lending a stablecoin and earning yield is a different activity that does not depend on the issuer, so the restrictions do not affect it.

In the meantime, the partnership between Morphos and Crypto.com was established just a few weeks after the DeFi lending protocol teamed up with the US crypto exchange Coinbase. 

Regarding its partnership with Morpho, Coinbase stated that it had integrated the Morpho lending protocol directly into its app, with the DeFi advisory firm Steakhouse Financial overseeing the vaults. Similar to the Crypto.com feature, users can lend USDC without leaving the platform to access other DeFi services or wallets. 

Banks raise concerns about stablecoin issuers’ plan to eliminate traditional banks
Just days after the partnership announcements, Coinbase CEO Brian Armstrong revealed plans to build a full-fledged crypto “super app” designed to replace the need for traditional banks.

Banks raised concerns about the plan and resisted this change. In August, the Bank Policy Institute (BPI) and several US financial institutions penned a letter to Congress requesting that they close stablecoin loopholes. 

They contend these loopholes give stablecoin issuers a way to compete with banks without the appropriate oversight. The letter warns that if these concerns go unaddressed, as much as $6.6 trillion in deposits could flee the US banking system.

On September 16, Coinbase responded to the banks’ claims in a blog post, calling them false and stating there is no proof that the growth of stablecoins has led to any deposit losses at local banks. 

The post mentioned, “The institutions now claiming ‘systemic risk’ are the same ones making tens of billions from card processing fees, which stablecoins could completely avoid.” 

Responding to the accusations, Coinbase issued a blog post on September 16,  saying they were all false and that there is no evidence of any deposit loss at local banks due to stablecoin growth.

The post noted that the organizations raising concerns about ‘systemic risk’ are the same ones that acquire tens of billions from card processing fees, which stablecoins could potentially eliminate.

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Uptober rally lifts BTC above $120K – Bitcoin price prediction warns of bullish momentum but looming bearish reversal risks.

Journalist

Posted: October 3, 2025

Key Takeaways
Why is Stellar price gaining?
XLM jumped 10% to $0.4011 with trading volume up 130%, breaking a falling wedge pattern and sparking bullish calls for $0.50.

What risks could stall the rally?
XLM faces resistance at $0.4090, while Supertrend stays bearish and ADX at 18 shows limited momentum, leaving $0.5150 targets uncertain.

Stellar [XLM] surged 10% in the past 24 hours, as bullish sentiment and technical breakouts pulled traders back into long positions.

At press time, XLM was trading at $0.4001 with daily volume up 130% to $499 million, according to CoinMarketCap.

AMBCrypto will review XLM’s October setup, key technical levels, expert predictions, and liquidation data shaping the next move.

October’s history favors bulls
The price jump came as traders positioned for more upside. XLM’s sharp rebound also coincided with October’s strong historical performance in crypto markets.

Lookonchain data showed that over the last 12 years, the overall crypto market has posted gains in October ten times, with only two instances of negative returns, in 2014 and 2018.

Based on this data, XLM appeared to be on the same path toward posting a positive gain in 2025.

Source: X (Formerly Twitter)

Analysts eye $0.50–$0.56 range
In addition, several bold predictions by experts surfaced on X (formerly Twitter), further strengthening XLM’s bullish outlook.

For instance, AltCryptoTalk noted that XLM broke out of a falling wedge on the daily chart, and a successful retest could trigger a 60% to 70% rally in the mid-term.

Meanwhile, another expert highlighted that with the recent breakout, the $0.50 level is now in sight.

Not just bullish predictions, a crypto expert also shared potential selling levels.

He highlighted $0.50 as the next key target after the breakout. By contrast, analyst CW flagged a heavy sell wall at $0.445, adding that if broken, the price could run toward $0.56.

Source: X (Formerly Twitter)

XLM price action and key levels to watch 
AMBCrypto’s technical review showed that XLM ended its prolonged downtrend from the 18th of July and opened a path for an upside move. The altcoin still faced resistance near $0.4090 at press time.

That shift set up $0.4150 as a pivotal daily close level. Clearing it may unlock a 25% rally toward $0.5150.

Source: TradingView

Even so, indicators suggested caution.

The Supertrend indicator continued flashing red above the current price, showing bearish pressure. Moreover, the ADX stood at 18, as of writing, below the 25 threshold that signals strong trend momentum.

Given the abovementioned market sentiment, traders seemed to be following the same trend. CoinGlass revealed that XLM’s major liquidation level stood at $0.3809 on the lower side and $0.4129 on the upper side.

Source: CoinGlass

At those points, traders built $8.62 million in long positions against $2.68 million in shorts, underscoring market bias toward bullish continuation.

Vivaan Acharya is a Crypto-Economist and Journalist at AMBCrypto who brings a rare depth of financial and economic expertise to the world of digital assets. He holds a Master’s in Economics from the prestigious University of Delhi and has over five years of experience analyzing technology and financial markets.
His foray into the blockchain space began in 2018, marked by his prescient Master's thesis, "Payments and Stablecoin Integration in Banking," which showcased his early understanding of crypto's potential to disrupt traditional finance. Before specializing in crypto, Vivaan honed his skills in rigorous data and technical chart analysis at a major national financial daily, where he covered corporate earnings and market trends.
At AMBCrypto, Vivaan applies this powerful blend of classical economic training and seasoned financial journalism to his work. He is an expert in:
1. Bitcoin and Altcoin Market Analysis
2. Stablecoin Ecosystem Development, and
3 Emerging Crypto Regulations.
Known for his clear, no-nonsense approach, Vivaan translates robust research into straightforward, actionable insights. He is dedicated to demystifying the complexities of blockchain finance, empowering readers to confidently navigate the rapidly evolving digital economy.

The cryptocurrency market started October in strong form, with global capitalization climbing to $4.13 trillion, up more than 1.4% in the past day. Bitcoin is trading above $120,000, Ethereum has pushed past $4,540, and XRP crossed $3 again. Against this backdrop, Pi Network has fallen more than 3% in 24 hours to $0.26, raising questions among its community.

Whale Demand Has VanishedA major factor behind Pi’s weakness is the absence of its second-largest whale. This wallet, which accumulated 383 million Pi tokens worth over $100 million, abruptly stopped buying ten days ago. For a token that lacks exchange listings and broad liquidity, the loss of one big  buyer carries significant weight.

Tokenomics Under FireCommunity concerns focus on Pi’s tokenomics. Unlike Bitcoin, which is capped at 21 million, or Ethereum, which burns supply with every transaction, Pi has chosen not to permanently remove tokens from circulation. Instead, supply is recycled back into the system. 

With a maximum supply of 100 billion coins and no scarcity mechanism, many investors view Pi as inflationary. Pioneers who mined Pi for years now face dilution, while outside capital is reluctant to enter.

Missed Momentum Despite ProgressThe Core Team recently launched a Testnet decentralized exchange and co-founder Dr. Chengdiao Fan appeared at TOKEN2049, but updates lacked clarity on tokenomics or exchange timelines. 

Meanwhile, Bitcoin’s rally is drawing liquidity into altcoins, yet Pi has failed to benefit.  According to experts, the project is at a crossroads: either adapt its supply model or risk losing relevance in a market that increasingly rewards scarcity-driven assets.

What Pi Network Must DoMr Spock argues that Pi must rethink its economics. Options include introducing a buyback program, where ecosystem revenues purchase and lock away tokens, or implementing token burns tied to transactions and app usage. Without these measures, Pi risks becoming a token with circulation but no incentive for long-term holding.

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By Reuters

October 3, 20251:50 AM UTCUpdated ago

A woman walks past a Telstra store in Sydney, Australia, September 29, 2025. REUTERS/Hollie Adams Purchase Licensing Rights, opens new tab

Oct 3 (Reuters) - Telstra

(TLS.AX), opens new tab, Australia's no.1 telecom firm, has been fined A$18 million ($11.87 million) by the Federal Court for lowering internet speed plan for about 9,000 customers without informing them, the country's competition watchdog said on Friday.

($1 = 1.5161 Australian dollars)

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Reporting by Nikita Maria Jino in Bengaluru; Editing by Subhranshu Sahu

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Item 1 of 2 ICE agents stand guard during a protest against the U.S. President Donald Trump administration's immigration policies, outside an ICE detention facility in Portland, Oregon, U.S., September 1, 2025. REUTERS/John Rudoff/File Photo

[1/2]ICE agents stand guard during a protest against the U.S. President Donald Trump administration's immigration policies, outside an ICE detention facility in Portland, Oregon, U.S., September 1, 2025. REUTERS/John Rudoff/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesICE at the center of Trump's hardline immigration agendaRights advocates concerned that ICE's actions can flout due processTech firms have sought warmer ties with Trump during his second termWASHINGTON, Oct 2 (Reuters) - Apple

(AAPL.O), opens new tab said on Thursday that it had removed ICEBlock, the most popular ICE-tracking app, and other similar apps from its App Store after it was contacted by President Donald Trump's administration.

The app alerts users to Immigration and Customs Enforcement agents in their area. ICE has been a central part of Trump's hardline immigration agenda and its agents have regularly raided and arrested migrants. The Justice Department says the app could increase the risk of assault on U.S. agents.

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"Based on information we've received from law enforcement about the safety risks associated with ICEBlock, we have removed it and similar apps from the App Store," Apple said in an emailed statement.

Since Trump took office, ICE has raided multiple facilities with immigrants who are in the U.S. illegally. The agency has also arrested visa holders and permanent U.S. residents targeted by the Trump administration over pro-Palestinian advocacy.

Rights advocates have raised concerns that rights to free speech and due process are often being infringed as the government pushes ahead with its deportation drive.

Fox Business first reported the app's removal on Thursday, citing a statement by U.S. Attorney General Pam Bondi who said the Justice Department contacted Apple to pull the app on Thursday and that the company complied.

"ICEBlock is designed to put ICE agents at risk just for doing their jobs, and violence against law enforcement is an intolerable red line that cannot be crossed," Bondi said in her statement to Fox Business.

Bondi and Secretary of Homeland Security Kristi Noem have previously warned Joshua Aaron, the Texas-based creator of ICEBlock, that he is "not protected" under the Constitution and that they are looking at prosecuting him.

Apple's actions may also lead to further scrutiny over the warm ties that tech firms have tried to build with the Trump administration during his second term.

Reporting by Kanishka Singh in Washington; Editing by Edwina Gibbs

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Kanishka Singh is a breaking news reporter for Reuters in Washington DC, who primarily covers US politics and national affairs in his current role. His past breaking news coverage has spanned across a range of topics like the Black Lives Matter movement; the US elections; the 2021 Capitol riots and their follow up probes; the Brexit deal; US-China trade tensions; the NATO withdrawal from Afghanistan; the COVID-19 pandemic; and a 2019 Supreme Court verdict on a religious dispute site in his native India.

NEW YORK, Oct. 02, 2025 (GLOBE NEWSWIRE) --

WHY: New York, N.Y., October 2, 2025. Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Spirit Aviation Holdings, Inc. (OTC: FLYYQ) between May 28, 2025 and August 29, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 1, 2025.

SO WHAT: If you purchased Spirit Aviation 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 Spirit Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=45665 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 December 1, 2025. 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. 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 achieved the largest ever securities class action settlement against a Chinese Company at the time. 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 complaint, defendants made false and/or misleading statements and/or failed to disclose that: (1) Spirit Aviation was at substantial risk of being unable to meet certain of its debt and other financial obligations; (2) Spirit Aviation was also at substantial risk of being forced to file for Chapter 11 bankruptcy protection within a mere matter of months; (3) accordingly, defendants had overstated enhancements to Spirit Aviation’s financial condition, liquidity, and overall business and operations, while simultaneously downplaying the negative impacts of adverse market conditions on the same; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Spirit Aviation class action, go to https://rosenlegal.com/submit-form/?case_id=45665 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, 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.

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Contact Information:

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        The Rosen Law Firm, P.A.
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        Tel: (212) 686-1060
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October 02, 2025 7:54 PM EDT | Source: Edge Total Intelligence Inc.
Arlington, Virginia--(Newsfile Corp. - October 2, 2025) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) (the "Company", "edgeTI") is pleased to announce that further to its news releases dated September 23, 2025 and September 29, 2025, it has closed the second and final tranche (the "Second Tranche") of its previously announced non-brokered private placement offering (the "Offering") of units of the Company ("Units"). Pursuant to the Second Tranche, the Company issued 138,930 Units at a price per Unit of C$1.00 (the "Offering Price") for aggregate gross proceeds of $138,930, bringing the total amount raised under the Offering to $1,470,393, with 1,470,393 Units issued.

Each Unit issued pursuant to the Second Tranche consisted of one subordinate voting share in the capital of the Company (an "SVS") and one SVS purchase warrant (each, a "Warrant"). Each Warrant is exercisable to acquire one additional SVS at an exercise price of C$2.00 until October 2, 2030. The Units issued under the Offering are subject to a statutory hold period of four months from the date of issuance in accordance with applicable Canadian securities laws. No acceleration provision is applicable to Warrants issued pursuant to the Offering. The Company intends to use a portion of the net proceeds of the Offering as disclosed in its news release dated September 29, 2025. The Company has not paid any finders' fees in connection to the Offering. No related parties, as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions, participated in the Second Tranche.

The Offering remains subject to the final approval of the TSX Venture Exchange.

The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful. "United States" and "U.S. persons" are as defined in Regulation S under the U.S. Securities Act.

About edgeTI

edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applications and data sources into one immersive experience called a "Digital Twin". Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology, and cross-domain operations — helping them achieve the impossible.

Website: https://edgeti.com
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies

Neither the 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.

Forward-Looking Statements

This press release contains statements which constitute "forward-looking information" or "forward-looking statements" (together "forward-looking information") within the meaning of applicable Canadian and United States securities laws, including statements regarding the use of proceeds of the Offering, the Company making any and all requisite filings and applications with respect to the Offering, the receipt of all requisite approvals in respect of the Offering, and the technical, financial and business prospects of the Company, its assets and other matters. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections, including the use of proceeds of the Offering, expectations regarding general business, economic and public markets conditions as well as expectations concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among key factors and risks that could cause actual results to differ materially from those projected in the forward-looking information may include, without limitation, present and future business strategies and the environment in which the Company will operate in the future, including the price of inputs including labour costs; investor perception regarding the Offering, the Company and its business, the ability to achieve its goals, expected costs and timelines to achieve the Company's goals; that general business and economic conditions will not change in a material adverse manner; that financing will be available if and when needed and on reasonable terms; the general economic environment; cybersecurity risks; financial projections may prove materially inaccurate or incorrect; the Company may experience difficulties to forecast sales; the impact of value of the Canadian dollar and U.S. dollar and foreign exchange rates on costs and financial results; general competition in the industry from other companies; management of growth-related risks; reliance on management; risks relating to insurance; our business could be adversely affected by increased labour costs or difficulties in finding suitable employees; changes in regulation; changes in customer demand; requirements for further financing; the Company may prioritize growth over short-term financial results. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Not for distribution to United States 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/268978

While Tesla (TSLA) trades down on what George Tsilis calls a "sell the news" event, Rivian (RIVN) has more challenges. He makes the case that the company can't build enough vehicles to make scalability demands, on top of facing headwinds similar to Tesla from the EV tax credit removal.

The young and popular robotics company received good marks from a pundit now following its fortunes.

Industrial robotics company Symbotic (SYM 9.50%) enjoyed a nearly double-digit rise in its stock price on Thursday, with its shares increasing by just under 10% in value. Investors were taken by a bullish initiation of coverage by an analyst now trading the company. Symbotic's bounce looked impressive when placed next to the under-0.1% advance of the S&P 500 index.

Launched with a buy
That entity behind the upgrade was Northcoast Research, whose analyst Keith Housum launched his coverage of Symbotic with a buy recommendation at a price target of $65 per share.

Image source: Getty Images.

The reasons for Housum's optimistic stance weren't immediately apparent. He's hardly the only pundit or investor bullish on Symbotic's future, however, as the company combines two hot tech and industrial trends -- artificial intelligence (AI) and robotics, mainly geared to the warehouse segment.

Symbotic has quite the anchor client in retail industry giant Walmart, which owns an equity stake in the company and has tasked it with automating its warehouses.

The challenge for the future
As much as Americans like what Walmart has to offer, plus the fact that its outlets are nearly everywhere in this country, no person or company can live on that company alone.

The trick for Symbotic will be to rope in more clients and become a go-to provider of AI-enhanced robotics goods and services. There has been quite a run-up in the company's share price so far. However, this will be difficult to sustain if it doesn't expand the client list.

Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Symbotic and Walmart. The Motley Fool has a disclosure policy.

MercadoLibre will face increased competition from Amazon this upcoming holiday season, but investors shouldn't start panicking.

Leading Latin American e-commerce and fintech titan MercadoLibre (MELI 3.34%) is down 10% this week as of 3 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.

This decline stems from a major news outlet and numerous analysts reiterating concerns for the company as Amazon launches its most aggressive expansion in Brazil (MercadoLibre's largest market) yet.

Amazon announced that it would waive all fulfillment by Amazon (FBA) logistics fees and take rates on FBA orders for new Brazilian merchants through the holiday season.

Prime time to grow in Brazil?
While MercadoLibre has faced no shortage of competition from a wide array of peers over the years, Amazon certainly is the 1,000-pound gorilla in the room (or e-commerce warehouse).

However, as dominant as Amazon is in the United States, it currently has to play the role of underdog (albeit a well-armed one) in Brazil.

Buoyed by its industry-leading logistical network, burgeoning customer ecosystem that not only includes e-commerce but also numerous fintech solutions and credit options, MercadoLibre won't be easy to disrupt.

Image source: Getty Images.

Over just the last decade, MercadoLibre has been a 24-bagger.

These jaw-dropping results occur despite facing competition from:

Amazon, Walmart, and Costco moving into Mexico.
Sea Limited's e-commerce unit Shoppee expanding to Brazil.
China-based Shein and PDD Holding's Temu providing Latin America with a multitude of low-cost goods.

Latin America is a promising growth area for many stocks -- especially e-commerce -- so this competition is going nowhere.

However, MercadoLibre's immense growth optionality and booming ecosystem for its customers should give it a leg up on its peers.

It'll be worth watching how Amazon does this holiday season as it entices new merchants onto its Brazilian marketplace, but MercadoLibre remains best in class in Latin America.

Josh Kohn-Lindquist has positions in Costco Wholesale, MercadoLibre, and Sea Limited. The Motley Fool has positions in and recommends Amazon, Costco Wholesale, MercadoLibre, Sea Limited, and Walmart. The Motley Fool has a disclosure policy.

October 02, 2025 8:28 PM EDT | Source: Nord Precious Metals Mining Inc.
Coquitlam, British Columbia--(Newsfile Corp. - October 2, 2025) - Nord Precious Metals Mining Inc. (TSXV: NTH) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Nord") further to the Company's news release dated September 15, 2025, the Company has amended its previously filed Listed Issuer Financing Exemption ("LIFE") Offering Document.

The Company will now be raising 13,056,041 units at a price of $0.12 per share for gross proceeds of $1,566,724 through the LIFE Offering Document. In addition, the Company intends to complete a financing by way of a non-brokered private placement of up to 20,277,292 units at a price of $0.12 per share for gross proceeds of $2,433,275 whereby Research Capital Corporation (the "Finder") are the exclusive finders assisting with the Offering.

Each Unit will consist of one common share of the Company ("Common Share") and one common share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the holder to purchase an additional Common Share at an exercise price of $0.155 for a period of five years following the closing of the Offering.

Nord's primary business objective over the next 12 months is to increase the silver resource at the Castle East property and identify potential economics of tailings processing and metal recovery from tailings.

Nord intends to use the net proceeds from the Offering to test tailings recovery through the Ontario Ministry's unique Recovery Permit and continue pilot scale testing of the Re-2Ox process with SGS Lakefield. Diamond drilling will continue on the Castle East Property to test new targets and, using new intersections, update the Company's Resource Estimate.

Over the next 12 months, Nord expects to:

Advance Castle East targeting and resource work. Begin the fall drill program guided by the recent 3D model, reinterpretation and incorporate results into the next resource update. (Press Release, August 26, 2025).Submit Recovery Permit materials and prepare potential tolling templates. Finalize the single-application approach that may include potential toll processing of adjacent properties, and standardize commercial tolling templates for district tailings owners.Progress Re-2Ox from bench to pilot with SGS Lakefield. Complete arsenic-balance work, unit-op selection, and pilot-ready testwork; maintain refinery optionality under the non-binding MOU. (Press Releases, 2018; February 6, 2025; June 2025).fund administrative expenses including legal, audit, overhead and consulting fees for the ensuing 12 months.The Units will be offered for sale pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption and Section 2.3 of the Offering is being made in all provinces of Canada (except Quebec) and other qualifying jurisdictions, including the United States. The Units offered under the Listed Issuer Financing Exemption will be immediately "free-trading" under applicable Canadian securities laws. Units sold to subscribers resident in the United States will be subject to additional restrictions on trade.

The amended offering document (the "Amended Offering Document") related to this Offering that can be accessed under the Company's profile at www.sedarplus.ca and at the Company's website at www.nordpreciousmetals.com. Prospective investors should read this Amended Offering Document before making an investment decision.

The Offering is anticipated to close on or around October 9, 2025 ("Closing"), or such later date as the Company may determine. The Closing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.

The Finders will receive a cash commission of 8% of the aggregate gross proceeds of the Offering from subscribers introduced to the Company by the Finders and such number of finder's warrants (the "Finder's Warrants") as is equal to 8% of the number of Units sold under the Offering to subscribers introduced to the Company by the Finders. Each Finder's Warrant entitles the holder to purchase one Common Share at an exercise price equal to the Offering Price for a period of 5 years from the date of the Closing.

In connection with the Offering, the Company has entered into an Advisory Agreement with Research Capital Corporation (the "Advisor"), pursuant to which the Advisor provided financial advisory, consulting, and support services in connection with the Offering (the "Advisory Services"). In consideration for the Advisory Services, the Company will pay the Advisor a work fee equal to $25,000 (the "Fee") and issue 175,000 advisor shares (the "Advisor Shares") at a deemed price of $0.12 per share. The Advisor Shares will be subject to a four month and one day hold period in accordance with Canadian securities laws.

The Finder Warrants and the Advisor Shares are subject to a four month and a day hold period pursuant to applicable Canadian Securities Laws.

About Nord Precious Metals Mining Inc.

Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, where the Company has established a unique position integrating high-grade silver discovery with strategic metals recovery operations. The Company's flagship Castle property encompasses 63 sq. km of exploration ground and the past-producing Castle Mine, complemented by the Castle East discovery where drilling has delineated 7.56 million ounces of silver in Inferred resources grading an average of 8,582 g/t Ag (250.2 oz/ton).

Nord's integrated processing strategy leverages the synergistic value of multiple metals. High-grade silver recovery supports the economics of extracting critical minerals including cobalt, nickel, and other battery metals, while the company's proprietary Re-2Ox hydrometallurgical process enables production of technical-grade cobalt sulphate and nickel-manganese-cobalt (NMC) formulations. This multi-metal approach, combined with established infrastructure including TTL Laboratories and underground mine access, positions Nord to capitalize on both precious metals markets and the growing demand for battery materials.

The Company maintains a strategic portfolio of battery metals properties in Northern Quebec including its 35% ownership in Coniagas Battery Metals Inc. (TSXV: COS) as well as the St. Denis-Sangster lithium project comprising 260 square kilometers of prospective ground near Cochrane, Ontario.

More information is available at www.nordpreciousmetals.com.

"Frank J. Basa"
Frank J. Basa, P. Eng.
Chief Executive Officer

Neither the 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.

Caution Regarding Forward-Looking Statements
This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268981

CoreWeave just signed a $14 billion deal with Meta.

Few stocks are as directly exposed to artificial intelligence as CoreWeave (CRWV 0.72%). The AI cloud infrastructure company reinvented itself, transitioning from a crypto mining company by repurposing its GPUs to provide AI computing power to customers like Microsoft, Nvidia, and OpenAI.

With the AI boom in full swing, that business model has led to jaw-dropping growth. In its second quarter, its revenue jumped 206% to $1.21 billion, showing how fast demand for its services is ramping up.

Now, CoreWeave just got another shot in the arm as the stock jumped 12% on Tuesday after announcing another blockbuster deal, this time with Meta Platforms (META 1.30%).

Image source: Getty Images.

What's happening with CoreWeave and Meta?
Meta is committing to spend up to $14.2 billion through 2032 on cloud computing capacity from CoreWeave, with an option to expand its commitment.

The deal comes at a time when Meta has been ramping up its spending on AI, seeing it as a must-win for its future. In June, Meta acquired a 49% stake in Scale AI, a data-labeling start-up, and poached its CEO, Alexandr Wang, to run its new AI lab.

On the same day that the CoreWeave news came out, Meta also announced that it's buying the chip start-up Rivos, which designs chips based on RISC-V architecture, an alternative to those used by leading CPU architecture designers Arm, Intel, and AMD. Rivos is also expected to help Meta build out full-stack AI systems.

For CoreWeave, the deal builds on the earlier momentum it earned when it signed an expanded $6.5 billion agreement with OpenAI in September, bringing its total contract with OpenAI to $22.4 billion.

The drumbeat of positive news for AI includes rival Nebius's $17 billion deal with Microsoft, Oracle's huge cloud computing forecast, and CoreWeave's own wins, including OpenAI, Meta, and a $6.3 billion deal with Nvidia, in which it will buy any of CoreWeave's unused capacity, effectively backstopping the company's growth.

Those news items, and improving sentiment around CoreWeave, sparked a recovery in the stock last month. After falling by more than 50% from its peak in June, CoreWeave jumped more than 50% off its lows early in September.

Is CoreWeave overvalued?
CoreWeave is a challenging stock to value. The company is delivering phenomenal top-line growth, but it's also reporting huge losses. The company's business model is risky. It's borrowing billions of dollars to buy Nvidia GPUs and build out the infrastructure to provide next-generation AI computing.

That high-interest debt has also led CoreWeave to pay significant interest expense, set to be above $1 billion this year, essentially preventing CoreWeave from turning a profit.

For most stocks, to determine an appropriate valuation, you just look at the numbers. However, CoreWeave is in a class of its own. Given its growth rate, in which revenue is still tripling, the upside potential for the stock is tremendous, and conventional cloud computing businesses like Amazon Web Services and Microsoft Azure have shown how profitable cloud computing can be at scale.

Rather than parsing the numbers for CoreWeave to determine whether the stock is overvalued, investors are better off considering the future of the AI boom. If the massive capex buildout continues, including on CoreWeave's infrastructure, the stock is a good bet to be a winner. At a market cap of $66 billion, the stock still has room to move higher.

However, if the AI boom turns into a bubble and spending suddenly slows, CoreWeave is likely to plunge. While it's locked in multi-billion-dollar deals with the likes of Meta, the company will need more of those to turn profitable and justify its current valuation.

Either way, expect the volatility in the stock to continue.

Jeremy Bowman has positions in Amazon, Arm Holdings, Meta Platforms, and Nvidia. The Motley Fool has positions in and recommends Amazon, Intel, Meta Platforms, Microsoft, Nvidia, and Oracle. The Motley Fool recommends Nebius Group and recommends the following options: long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short November 2025 $21 puts on Intel. The Motley Fool has a disclosure policy.

October 02, 2025 8:41 PM EDT | Source: Pacific Ridge Exploration Ltd.
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2025) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) ("Pacific Ridge" or the "Company") has entered into an agreement with IRP Holdings Corporation (dba IRPub) ("IRPub") for a digital marketing awareness campaign (the "IRPub Agreement").

The IRPub Agreement has a three-month term, commencing October 1, 2025, and ending December 31, 2025, under which the Company will pay IRPub US$150,000. Paul Ruffolo is the CEO of IRPub and is based in Pennsylvania. IRPub and its principals are arm's length to Pacific Ridge and to the best knowledge of the Company, IRPub did not own any securities of Pacific Ridge as of the date of the Agreement. The services provided by IRPub will include a digital marketing awareness campaign on behalf of the Company across IRPub's network and other mediums of online digital traffic. The IRPub Agreement is subject to TSX Venture Exchange approval.

Pacific Ridge is also pleased to provide further information regarding the Capital Analytica Agreement (see news release dated September 15, 2025). Jeff French is the President of Capital Analytica and is based in British Columbia. Capital Analytica and its principals are arm's length to the Company and to the best knowledge of Pacific Ridge, Capital Analytica did not own any securities of the Company as of the date of the Agreement. The services provided by Capital Analytica will include capital markets consultation, social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, dissemination of company news releases, monitoring discussion forums, and disseminating corporate videos. The Capital Analytica Agreement is subject to TSX Venture Exchange approval.

About Pacific Ridge

A Fiore Group company, Pacific Ridge's goal is to become British Columbia's leading copper exploration company. The Kliyul copper-gold project, located in the prolific Quesnel terrane close to existing infrastructure, is the Company's flagship project. In addition to Kliyul, Pacific Ridge's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in B.C. The Company would like to acknowledge that its B.C. projects are in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation, and Tsay Keh Dene Nation.

On behalf of the Board of Directors,

"Blaine Monaghan"

Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.

Neither the 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.

Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, which address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268985

Cracker Barrel is ending its partnership with Prophet, the consulting firm behind its failed rebrand.

The chain faced intense backlash after unveiling a new logo and redesigned stores that longtime fans said stripped away what they loved most about the brand.

Cracker Barrel’s restaurants, long known for their kitschy Americana décor, were recast in a style critics called drab and soulless.

The uproar grew after the company dropped its iconic logo of an elderly man leaning on a barrel.

A March press release said Prophet was hired to redesign Cracker Barrel restaurants and lead a new brand marketing campaign.

At the time, the company said: “In collaboration with Cracker Barrel, they are focused on shaping a new brand vision that will enhance market share while preserving the company’s unique heritage. This new strategy will inform brand communication, restaurant redesigns, brand marketing campaigns and a redefined employee value proposition.”

Cracker Barrel recently bowed to customer feedback after they responded negatively to a rebrand. BACKGRID
Separately, Prophet CEO Michael Dunn pledged $4 million in 2020 for the firm’s DEI initiatives, saying the company would “bring in Black team members across every level of the firm,” hire a DEI-specific recruiter and provide $4 million in pro bono work to social justice organizations, according to a 2020 blog post.

Fox News Digital found no evidence that Prophet’s DEI commitments were connected to Cracker Barrel’s rebranding.

In August, the brand unveiled its new logo, which dropped the illustration of a man – “Uncle Herschel” – resting his arm on top of a wooden barrel, a folksy image that has embodied the brand’s Southern hospitality for the last 56 years. Some interpreted the change as an appeal to the woke movement.

A March press release said Prophet was hired to redesign Cracker Barrel restaurants and lead a new brand marketing campaign. BACKGRID
The logo change sparked a backlash that wiped over $140 million off the chain’s market value at the height of the crisis as customer outrage and investor unease fueled what became the steepest losing streak in months. Shares are down over 7% year-to-date.

President Donald Trump even weighed in, calling on the chain to return to its roots.

“Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the ultimate Poll), and manage the company better than ever before,” Trump wrote in an Aug. 26 post on Truth Social.

“They got a Billion Dollars worth of free publicity if they play their cards right. Very tricky to do, but a great opportunity. Have a major News Conference today. Make Cracker Barrel a WINNER again,” Trump added.

Later that day, Cracker Barrel reversed its plans.

“We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and our ‘Old Timer’ will remain,” the company posted on X.

In May, Cracker Barrel, beloved for its Southern comfort food, front-porch rocking chairs and gift shop filled with knickknacks and old-fashioned sweets, launched an ambitious overhaul of its 660-plus restaurants – an effort that quickly backfired.

The sweeping makeover included “decluttered” dining rooms, a revamped menu and other changes aimed at updating a brand long rooted in nostalgia.

By Reuters

October 3, 20251:03 AM UTCUpdated ago

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

Oct 2 (Reuters) - A multibillion-dollar deal to send Nvidia's

(NVDA.O), opens new tab artificial-intelligence chips to the United Arab Emirates is stuck in neutral nearly five months after it was signed, frustrating CEO Jensen Huang and some senior administration officials, the Wall Street Journal reported on Thursday.

Sign up here.

Reporting by Shivani Tanna in Bengaluru; Editing by Alan Barona

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Falling back towards $60 a barrel, the recent surge in crude oil prices was short-lived, with it being noteworthy that these levels are below the threshold for peak profitability.

However, Chevron (CVX - Free Report)  and Exxon Mobil (XOM - Free Report)  are at the forefront of companies that can still capitalize, making it a worthy topic of which oil giant may be the better investment at the moment.

Although there are some caveats, both have optimized their operations to thrive even with crude prices being suppressed this year. Correlating with such, Exxon and Chevron control over 20% of the global oil and gas integrated operations market.

Being the largest U.S. oil firms, Exxon currently has a market cap of over $477 billion, followed by Chevron at $267 billion.  

Image Source: Zacks Investment Research

Chevron & Exxon’s Operational ExcellenceExcelling in upstream oil production (exploration & extraction) as well as oil refining, Chevron and Exxon have maintained their dominance by focusing on high-return projects while maintaining disciplined capital spending.

Exxon especially stands out in this regard, having more than $15 billion in cash & equivalents and $447.59 billion in total assets compared to $177.63 billion in total liabilities.

Image Source: Zacks Investment Research

While Chevron’s cash pile of $4 billion isn’t as mesmerizing, its total assets of $250.82 billion are nicely above it total liabilities of $103.56 billion.

Image Source: Zacks Investment Research

Sector HeadwindsDespite their strong balance sheets, Chevron and Exxon haven’t been immune to headwinds that have affected the broader energy sector, including layoffs and reduced hiring due to falling oil prices and rising input costs.

Notably, Chevron has announced it will reduce its workforce by 20% through 2026, and Exxon is cutting 2,000 positions as part of a restructuring. Furthermore, Exxon’s profit most recently dipped to a four-year low during Q2 to $1.64 per share, with Chevron’s Q2 EPS falling to $1.77 compared to $2.55 in the comparative quarter.

Performance & Valuation ComparisonYear to date, Chevron stock is up a modest +6% which has edged Exxon’s +4% and their Zacks Oil and Gas-Integrated-International Market’s +5%.

From a longer-term view, Chevron and Exxon have been very viable investments although they have trailed the broader market’s YTD return of +15%.

In the last five years, Exxon stock is still sitting on industry-leading gains of +230% with Chevron shares up over +100%, trailing the Oil and Gas-Integrated-International Market’s +140% but edging the benchmark S&P 500.

Image Source: Zacks Investment Research

At 20X and 16X forward earnings, respectively, CVX and XOM do trade at premiums to the industry average of 10.6X but are the clear-cut leaders in the space and offer pleasant discounts to the S&P 500. 

Although they also trade above the industry’s 0.6X price to forward sales multiple, CVX and XOM are still under the preferred level of less than 2X, and the S&P 500’s 5.6X.

Image Source: Zacks Investment Research

CVX & XOM Dividend ComparisonKnown for their enticing dividends, Chevron’s 4.43% annual yield is roughly on par with the industry average and tops Exxon’s 3.54%. These yields impressively edge the S&P 500’s 1.09% average.

Image Source: Zacks Investment Research

Bottom LineFor now, Chevron and Exxon stock both land a Zacks Rank #3 (Hold). Given what has been a prolonged suppression in crude prices, there could be better entry points to invest in these oil conglomerates.

Optimistically, this may present appealing opportunities for long-term investors who may prefer Exxon stock, given its industry-leading returns in the last five years, although those seeking higher income in the portfolio may favor Chevron.

New York, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of Public Offering (the “Offering”) of approximately $8.5 million for its client Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services.

The offering is comprised of 12,686,565 units (each a “Unit”), consisting of one Class A ordinary share of the Company, par value $0.001 per share (the “Class A Ordinary Shares”), or in lieu thereof, a pre-funded warrant, one series A warrant to purchase one Class A Ordinary Share (each, a “Series A Warrant”) and one series B warrant to purchase one Class A Ordinary Share (each, a “Series B Warrant”). The public offering price of the Units is $0.67 per Unit. Each of the Series A Warrants and the Series B Warrants will have an exercise price of $0.7035 per Class A Ordinary Share and be exercisable beginning on the date of the issuance date and ending on the one year anniversary of the issuance date. In addition, a holder of the Series B Warrant may also effect a “zero exercise price” option at any time while the Series B Warrants are outstanding. Under the zero exercise price option, the holder of Series B Warrants will receive 5.1235 Class A Shares for each Series B Warrant exercised.

The aggregate gross proceeds to the Company were approximately $8.5 million, before deducting placement agent fees and other estimated expenses payable by the Company, excluding the exercise of any warrants offered. The Company intends to use the net proceeds from the offering for general working capital purposes and other general corporate purposes, including sales and marketing expenses for user acquisition.

Univest Securities, LLC acted as the sole placement agent.

The securities described above were offered by the Company pursuant to a registration statement on Form F-1 (File No. 333-289372) previously filed and declared effective by the Securities and Exchange Commission (the “SEC”) on September 30, 2025. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and are available on the SEC's website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, by contacting Univest Securities, LLC at [email protected], or by calling +1 (212) 343-8888.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC's website at www.sec.gov.

About Univest Securities, LLC

Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, and wealth management. It strives to provide clients with value-add service and focuses on building long-term relationships with its clients. As a prominent name on Wall Street, Univest has successfully raised over $1.5 billion in capital for issuers across the globe since 2019 and has completed approximately 100 transactions spanning a wide array of investment banking services in various industries, including technology, life sciences, industrial, consumer goods, etc. For more information, please visit: www.univest.us.

About Cheer Holding, Inc.

As a preeminent provider of next-generation mobile internet infrastructure and platform services in China, Cheer Holding is dedicated to building a digital ecosystem that integrates “platforms, applications, technology, and industry” into a cohesive digital eco-system, thereby creating a new, open business environment for web3.0 that leverages AI technology. The Company is developing a 5G+VR+AR+AI shared universe space that builds on cutting-edge technologies including blockchain, cloud computing, extended reality, and digital twin.

Cheer Holding’s portfolio includes a wide range of products and services, such as CHEERS Telepathy, CHEERS Video, CHEERS e-Mall, CHEERS Open Data, CheerReal, CheerCar, CheerChat, Polaris Intelligent Cloud, AI-animated short drama series, short video matrix, variety show series, Livestreaming, and more. These offerings provide diverse application scenarios that seamlessly blend “online/offline” and “virtual/reality” elements.

With “CHEERS+” at the core of Cheer Holding’s digital ecosystem, the Company is committed to utilizing innovative product applications and technologies to drive its long-term sustainable and scalable growth. For more information, please visit the Company’s website: http://ir.gsmg.co/.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. Univest Securities LLC and the Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Univest Securities, LLC
Edric Guo
Chief Executive Officer
75 Rockefeller Plaza, Suite 18C
New York, NY 10019
Phone: (212) 343-8888
Email: [email protected] 

Apple on Thursday night said that it was removing apps from its App Store that can be used to track U.S. Immigration and Customs Enforcement agents.

The move came after pressure on the company from Attorney General Pam Bondi.

"We created the App Store to be a safe and trusted place to discover apps," Apple said in a statement to NBC News.

"Based on information we've received from law enforcement about the safety risks associated with ICEBlock, we have removed it and similar apps from the App Store," the company said.

Fox Business first reported Apple's move.

Bondi, in a statement to Fox News Digital, said, "We reached out to Apple today demanding they remove the ICEBlock app from their App Store — and Apple did so."

"ICEBlock is designed to put ICE agents at risk just for doing their jobs, and violence against law enforcement is an intolerable red line that cannot be crossed," Bondi said in the statement.

"This Department of Justice will continue making every effort to protect our brave federal law enforcement officers, who risk their lives every day to keep Americans safe," she said.

This is breaking news. Please refresh for updates.

Binance Coin (BNB) is once again making headlines in the crypto market as it reclaims the crucial $1,000 support level. Following Kazakhstan's announcement of its first crypto reserve fund, which named BNB as its debut investment, the token has gained renewed momentum.

The meme coin is flying this week.

Dogecoin (DOGE 4.11%) is moving higher this week, up 13.4% as of 6:03 p.m. ET on Thursday, as measured from last Friday at 4 p.m. The move comes as the S&P 500 and the Nasdaq-100 gained 1.1% and 1.6%, respectively.

As Bitcoin goes, so too does most of the crypto market -- Dogecoin included. While this doesn't always hold, it's usually a fair bet that if it's a big week for the original crypto, it'll be a positive week for the meme coin as well.

That's what is happening here. Bitcoin is up nearly 10% this week as investors react to the U.S. government shutdown. The coin is often touted as "digital gold," making it attractive in times of uncertainty.

Image source: Getty Images.

Dogecoin is a risky asset
Despite the fact that Dogecoin often gets a bump when Bitcoin trades higher, over time, its value is anything but tied together. Dogecoin is highly speculative, and its value is essentially driven by hype. It wasn't created to be a serious investment, and it shouldn't be considered one now. With a meme coin like Dogecoin, the bottom can fall out at any moment, and its price could plummet.

In the long run, Bitcoin is a much better choice.

Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

Dogecoin breaks resistance with 11% weekly gains. Analysts see higher lows and strong momentum, eyeing $0.34 as the next target.

Dogecoin (DOGE) was trading around $0.26 at press time, having gained 7% over the last 24 hours and 11% over the past seven days. This price action is turning heads as October begins with some hints of the momentum being a little stronger.

Daily Breakout Signals Shift
Analyst Trader Tardigrade reported that DOGE closed above a descending resistance trendline on the daily chart. The move was confirmed by the Relative Strength Index (RSI), which also broke above its downtrend.

Source: Trader Tardigrade/X
Notably, the daily candle close above resistance is the first clear signal of a potential trend shift. Tardigrade described it as “a strong start for Uptober,” pointing to renewed momentum after weeks of sideways movement.

On the 8-hour chart, Tardigrade highlighted a repeating setup where tight consolidation phases have been followed by sharp breakouts. Previous examples in July and mid-September led to strong upward moves.

The most recent consolidation around $0.23 has now broken upward. Projections from the chart suggest DOGE could test the $0.34 level if the same structure repeats.

$Doge/8-hour

Tight consolidation with a Breakout leads to a massive surge 🔥 pic.twitter.com/TdemaAZI6q

— Trader Tardigrade (@TATrader_Alan) October 2, 2025

Higher Lows Add to Bullish Case
Daan Crypto Trades noted that DOGE has been forming higher lows since the April 2025 bottom. The meme coin is trading above the 200-day EMA ($0.22) and 200-day MA ($0.203), with both levels acting as dynamic support.

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He explained,

“$DOGE held where it should have and put in a higher low just like most majors.”

Resistance levels sit at $0.39688 and $0.43481, making them key zones to watch if DOGE continues its pattern of higher highs and higher lows.

Source: Daan Crypto Trades/X
Futures Data Shows Steady Build-Up
Byzantine General observed that DOGE is maintaining higher lows on the futures chart, supported by a gradual rising trendline. They commented,

“I just realised that $DOGE is making higher and higher lows… Maybe DOGE is cooking something.”

Supporting metrics show open interest has eased, reducing leverage in the market. Funding rates across exchanges remain balanced, while trading volumes are steady but lower than late 2024 peaks. Liquidations remain contained, indicating fewer forced sell-offs.

Source: Byzantine General/X
By this combination, DOGE is amassing momentum, with the base tending to be more stable as both spot price action and futures data point toward increasing potential for an extended rally.

Tags:

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

The crypto market is full of bold claims, but one analyst is sharing a view that he calls both realistic and possible for the XRP price. The popular crypto commentator’s focus is on XRP and what its price might look like in 2025. At the center of his outlook is the idea that the right mix of factors could send the XRP price to much higher levels than it has seen in years.

Jake Claver Predicts XRP Price Could Reach $10–$13 By Year-End
The respected voice in the crypto community recently gave his thoughts on where XRP might be heading. In a video shared on X, Claver explained that clear market signals unfolding in the months ahead could drive XRP to a price between $10 and $13 by the end of this year.

Claver’s main reason for this prediction is the expected approval of XRP Exchange-Traded Funds (ETFs). According to him, once these funds are approved, they could bring in fresh streams of money and open new demand, helping XRP finally move into double-digit prices.

Claver stated that October will be a key month, as the SEC may decide on the ETFs during that time. Institutional demand would start flowing in, and this added momentum could give the XRP price the strong push it needs to reach this forecasted $10–$13 price range.

ETFs And Other Catalysts May Push It Even Higher
While Claver sees ETFs as the main driver, he does not stop there. He explained that other factors could help XRP climb beyond the $13 mark, with possible highs reaching $20 or even $25 if conditions turn out to be more favorable than expected.

Claver says the future looks promising for the XRP price because blockchain technology continues to improve. As XRP becomes more useful in everyday life, it will naturally attract more attention and demand from everyday traders, as well as institutions such as banks and investment firms that are beginning to enter the market. 

If blockchain upgrades continue, adoption increases, and institutions stay active in the market, XRP could realistically hit the $10–$13 range. Claver also noted that XRP’s journey isn’t just about reaching the price range. Investors watching both retail trends and institutional moves may find new opportunities as the market evolves. 

According to Claver, these trends make XRP a token worth following closely in the coming months. With the broader market involvement, he believes XRP could create more momentum, and if the trend continues, the token may climb to higher price levels in the months ahead.

If everything aligns, the ETFs, technological progress, and rising adoption, then the XRP price has a real chance of moving significantly higher. His outlook is that a price of $10 to $13 is a reasonable and realistic target, but he does not rule out even more ambitious levels. 

Price ready to retest $3 | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com

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I'm Sandra White, a writer at Bitcoinist, and I provide the latest updates on the world of cryptocurrencies. I believe crypto a gateway to a new order and I have made it my life's mission to help educate as much people as possible.
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As Bitcoin (BTC) steadily makes its way toward its current all-time high (ATH) of $124,128, optimism seems to be returning to the market. However, fresh data from Binance shows that BTC’s gains barely outweigh the risks posed by the digital asset’s volatility.

Bitcoin Maintaining A Risk-Reward Balance
According to a CryptoQuant Quicktake post by contributor Arab Chain, latest data from Binance – the world’s leading cryptocurrency trading platform in terms of liquidity – suggests that BTC is currently maintaining a risk-reward balance.

Specifically, the Sharpe-like ratio on Binance currently stands at 0.18, a figure very close to neutral territory. To explain, a Sharpe-like ratio measures how much return an investment generates relative to the risk it takes, similar to the Sharpe ratio but often using adjusted benchmarks or risk measures.

When the Sharpe-like ratio is above 0.5, investing in Bitcoin becomes attractive since the potential returns outweigh the risks. On the contrary, a negative reading of the ratio discourages investors from taking risks, since volatility exceeds returns.

During 2024, when the cryptocurrency market was largely weak and volatile, the Sharpe-like ratio spent most of the time in the negative territory. In contrast, the ratio reached elevated levels, signaling a strong uptrend, at the beginning of 2025.

Currently, the Bitcoin market is trading between the two extremes – the market is neither dangerous nor in a powerful uptrend. Notably, the market appears to be in a phase of equilibrium and accumulation, as it trades close to $119,000. Arab Chain added:

The latest figures show that the 30-day average return stands at just 0.26%, highlighting that the market is not delivering outsized gains; investors entering now are likely to see only modest profits relative to risk. Meanwhile, 30-day volatility is around 1.37%, which indicates a natural, moderate level of price fluctuation – not excessively calm but not alarmingly unstable either.

Source: CryptoQuant
BTC Needs A Catalyst For Next Leg Up
The CryptoQuant analyst added that the BTC market is currently awaiting a bullish catalyst or strong inflows to extend its uptrend. However, if the Sharpe-like ratio falls below zero again, then a period of price correction may follow.

On the flipside, the ratio sustaining above 0.5 for several days – coupled with a price breakout above the $120,000 to $122,000 range on healthy volume – would suggest a fresh upward trend for the top cryptocurrency by market cap.

Recent on-chain data hints toward a potential rally setup for BTC. Notably, the short-term holder (STH) spent output profit ratio (SOPR) recently recovered slightly to 0.995.

That said, Bitcoin must defend the important $90,000 support level to avoid entering a new bear market. At press time, BTC trades at $118,788, up 1.3% in the past 24 hours.

Bitcoin trades at $118,788 on the daily chart | Source: BTCUSDT on TradingView.com
Featured image from Unsplash, charts from CryptoQuant and TradingView.com