Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-01-22 05:492mo ago
2026-01-21 22:532mo ago
Corvus Pharmaceuticals Announces Pricing of Upsized Public Offering of Common Stock
January 21, 2026 22:53 ET | Source: Corvus Pharmaceuticals, Inc.
SOUTH SAN FRANCISCO, Calif., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Corvus Pharmaceuticals, Inc. (Nasdaq: CRVS), a clinical-stage biopharmaceutical company, today announced the pricing of an upsized underwritten public offering of 7,900,677 shares of its common stock at a price to the public of $22.15 per share. Gross proceeds from the underwritten public offering before deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $175.0 million. All of the shares of common stock are being offered by Corvus. In addition, Corvus has granted the underwriters of the offering a 30-day option to purchase up to an additional 1,185,101 shares of common stock at the public offering price, less underwriting discounts and commissions.
Corvus currently expects to use the net proceeds from this offering for working capital and general corporate purposes, which may include capital expenditures and research and development, including for its Phase 3 T cell lymphoma, and Phase 2 atopic dermatitis, hidradenitis suppurativa and asthma clinical trials, sales and marketing and administrative expenses.
The offering is expected to close on or about January 23, 2026, subject to satisfaction of customary closing conditions.
Jefferies and Goldman Sachs & Co. LLC are acting as lead book-running managers for the offering. Mizuho is acting as bookrunner for the offering. Ladenburg Thalmann & Co. Inc. is acting as co-manager for the offering.
A shelf registration statement on Form S-3 (File No. 333-281318) relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission (“SEC”) on August 15, 2024 and a related registration statement that was filed with the SEC on January 21, 2026 pursuant to Rule 462(b) under the Securities Act of 1933 (and became automatically effective upon filing). The offering of these securities is being made only by means of a prospectus supplement and accompanying prospectus forming a part of the effective registration statements. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC, and a final prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. A copy of the final prospectus supplement and accompanying prospectus relating to the offering, when available, may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at 1-877-821-7388, or by email at [email protected]; and Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at 1-866-471-2526, or by email at [email protected].
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any offer or sale of, these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification of these securities under the securities laws of any such state or jurisdiction.
About Corvus Pharmaceuticals
Corvus Pharmaceuticals is a clinical-stage biopharmaceutical company pioneering the development of ITK inhibition as a new approach to immunotherapy for a broad range of immune diseases and cancer. The Company’s lead product candidate is soquelitinib, an investigational, oral, small molecule drug that selectively inhibits ITK. Soquelitinib is being evaluated in a registration Phase 3 clinical trial for relapsed/refractory PTCL and in a Phase 1 clinical trial for the treatment of atopic dermatitis. Its other clinical-stage candidates are being developed for a variety of cancer indications.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements, including statements related to the expected gross proceeds from the offering, completion and timing of the public offering and the anticipated use of proceeds from the offering. Such forward-looking statements involve risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control, including, without limitation, those related to market conditions and the satisfaction of closing conditions related to the proposed public offering. All statements other than statements of historical fact contained in this press release are forward-looking statements. These statements often include words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” “seek,” “will,” “may” or similar expressions. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee that the events and circumstances reflected in the forward-looking statements will be achieved or occur, and the timing of events and circumstances and actual results could differ materially from those stated, implied or projected in the forward-looking statements due to a number of factors, including but not limited to, risks detailed in the Company’s most recent filings with the Securities and Exchange Commission, including the preliminary prospectus supplement filed with the SEC on January 20, 2026, including documents incorporated by reference therein, which includes the Company’s current and future reports filed with the SEC, including its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 4, 2025. Accordingly, you should not place undue reliance on these forward-looking statements. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Ulaanbaatar, Mongolia--(Newsfile Corp. - January 21, 2026) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to provide a corporate update.
2026-01-22 05:492mo ago
2026-01-21 23:042mo ago
Gold (XAUUSD) Price Forecast: Will Trump's Greenland Deal Cool the Rally?
On Wednesday, XAUUSD settled at $4831.38, up $68.01 or +1.43%.
Earlier in the session, President Trump spoke in front of thousands at the World Economic Forum in Davos, Switzerland. According to CNBC reporter Spriha Srivastava, Trump was met with loud applause as he opened his speech by saying it was good to see so many friends and “some enemies”. He then described himself as the most successful president while pointing out his major achievements accomplished in just one year.
Then the speech turned serious when Trump said, “I am seeking immediate negotiations to once again discuss the acquisition of Greenland by the United States.” Trump then added that he would not use force to obtain Greenland.
Profit-Taking Kicks In as Military Action Taken Off the Table Gold started out strong ahead of the speech, but retreated from its high after Trump made his remark about not using the military to get what he wanted. The move in gold was likely profit-taking since it lifted some of the earlier uncertainty, giving some investors an excuse to trim their speculative positions.
While Trump initially held firm on both Greenland and the tariff threats during his speech, the situation evolved rapidly by day’s end.
Dollar Weakness Amplifies Gold’s Wild Swings
2026-01-22 05:492mo ago
2026-01-21 23:052mo ago
This Could Be 1 of the Best Fintech Stock Buying Opportunities I've Seen in Years
Investors can buy a highly profitable and growing digital bank at a compelling valuation.
Investing in fintech enterprises could add upside to investors' portfolios. This is a powerful secular trend that continues to disrupt the traditional banking sector. And there is a thriving business in this space that deserves a closer look.
This could be one of the best fintech stock buying opportunities I've seen in years.
Image source: Getty Images.
Growth and profits continue to soar Nu Holdings (NU +1.59%) is a fintech powerhouse that operates in Latin America, with 110 million customers in Brazil (its biggest market), 13 million in Mexico, and 4 million in Colombia. The company runs a massive digital banking platform, providing customers with a broad range of financial services.
The company's growth has been spectacular, with revenue up 42% year over year in Q3 (ended Sept. 30). Nu reported a stellar net profit margin of 18.8% that quarter. On a consensus basis, sell-side analysts expect sales and earnings per share to increase at compound annual rates of 30% and 37%, respectively, between 2025 and 2027.
Today's Change
(
1.59
%) $
0.27
Current Price
$
17.24
An opportunity like this is rare If a business is putting up the financial gains Nu is, investors might think the valuation is too expensive. That's simply not the case. It's quite the opposite actually.
As of Jan. 20, Nu shares trade at a forward price-to-earnings ratio of 20.7. This is a bargain compared to the 22.3 multiple of the S&P 500 index. Investors are being presented with a very favorable setup to buy this top fintech stock.
Neil Patel has no position in any of the stocks mentioned. The Motley Fool recommends Nu Holdings. The Motley Fool has a disclosure policy.
2026-01-22 05:492mo ago
2026-01-21 23:052mo ago
Regis Resources Limited (RGRNF) Q2 2026 Earnings Call Transcript
Regis Resources Limited (RGRNF) Q2 2026 Earnings Call January 21, 2026 7:01 PM EST
Company Participants
Jim Beyer - CEO, MD & Director
Michael Harvy Holmes - Chief Operating Officer
Anthony Rechichi - Chief Financial Officer
Conference Call Participants
Levi Spry - UBS Investment Bank, Research Division
Adam Baker - Macquarie Research
Hugo Nicolaci - Goldman Sachs Group, Inc., Research Division
David Coates - Bell Potter Securities Limited, Research Division
Presentation
Operator
Thank you for standing by, and welcome to the Regis Resources quarterly briefing. [Operator Instructions] And finally, I would like to advise all participants that this call is being recorded. Thank you.
I'd now like to welcome Jim Beyer, Managing Director and CEO, to begin the conference. Jim, over to you.
Jim Beyer
CEO, MD & Director
Thanks, Paul. Good morning, everyone, and thank you all for joining us for the Regis Resources December quarter FY '26 results. Joining me on the call today is our CFO, Anthony Rechichi, also our COO, Michael Holmes and Head of Investor Relations, Jeff Sansom. We'll refer at times to figures -- some figures and tables in the quarterly report that we released earlier today. So you may find it useful to have that document at hand when we refer to them. All right.
So look, I'll start with safety. During the quarter, our operations continued to perform strongly from a safety perspective. The 12-month average lost time injury frequency rate finished the quarter at about -- at 0.34, which remains well below the Western Australian gold industry average. Our objective remains unchanged in this area to provide a workplace free from serious injury. We continue to focus on leadership, discipline and continuous improvement to support safe and reliable operations across the business.
Turning now to our production performance. Over the quarter and in fact, across the
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-01-22 05:492mo ago
2026-01-21 23:182mo ago
Axogen Announces Pricing of Upsized $124 Million Public Offering of Common Stock
ALACHUA, Fla. and TAMPA, Fla., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Axogen, Inc. (Nasdaq: AXGN), a global leader in developing and marketing innovative surgical solutions for the restoration of peripheral nerve function, today announced the pricing of an upsized underwritten public offering of 4,000,000 shares of its common stock at a price to the public of $31.00 per share, before underwriting discounts and commissions. All of the shares to be sold in the proposed offering are to be sold by Axogen. In addition, Axogen has granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds to Axogen from the proposed offering, before deducting underwriters’ discounts and commissions and other offering expenses payable by Axogen, are expected to be approximately $124 million (assuming no exercise of the underwriters’ option to purchase additional shares).
The proposed offering is expected to close on January 23, 2026, subject to the satisfaction of customary closing conditions.
Wells Fargo Securities and Mizuho are acting as lead book-running managers for the proposed offering. Canaccord Genuity and Raymond James are acting as co-managers for the proposed offering.
Axogen intends to use the net proceeds from the offering for early payoff and termination of its term loan facility with Oberland Capital, working capital, capital expenditures and other general corporate purposes.
The proposed offering is being made pursuant to an automatic shelf registration statement on Form S-3ASR that became automatically effective pursuant to Rule 462(e) under the Securities Act of 1933, as amended, upon its filing with the Securities and Exchange Commission (the “SEC”) on January 21, 2026. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering will be filed with the SEC and will be available for free on the SEC’s website located at http://www.sec.gov. When available, copies of the preliminary prospectus supplement and accompanying prospectus relating to the proposed offering may be obtained from: Wells Fargo Securities, LLC, Attention: Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, at 800-645-3751 (option #5) or email a request to [email protected]; or Mizuho Securities USA LLC, Attn: Equity Capital Markets, 1271 Avenue of the Americas, 3rd Floor, New York, NY 10022, by telephone (212) 205-7600, or by email: [email protected]. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the website of the SEC at http://www.sec.gov.
Prospective investors should read the prospectus forming a part of the registration statement; the preliminary prospectus supplement relating to the proposed offering, the final prospectus supplement relating to the proposed offering, when available, and the other documents that Axogen has filed with the Securities and Exchange Commission for more complete information about Axogen and the proposed offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Axogen
Axogen (Nasdaq: AXGN) is focused on the science, development and commercialization of technologies for peripheral nerve repair. With a mission to make nerve repair the expected standard of care, Axogen advances the field through research, education, and collaboration with surgeons and healthcare providers across a global network.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this press release are forward-looking statements, including statements regarding Axogen’s expectations of market conditions and the satisfaction of customary closing conditions related to the public offering, and the expected closing of the offering and the anticipated use of proceeds therefrom, including the repayment of the term loan facility with Oberland Capital. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “upcoming” or “continue” or the negative of these terms or other similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks, uncertainties and assumptions, including the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the public offering, the risks associated with failing to satisfy the terms and conditions of payoff of the term loan facility with Oberland Capital, the risks and uncertainties inherent in Axogen’s business, including the risks and uncertainties described in the company’s periodic filings with the SEC. The events and circumstances reflected in the company’s forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Additional information on risks facing Axogen can be found under the heading “Risk Factors” in Axogen’s periodic filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2024 and in its subsequent quarterly reports on Form 10-Q, and in the preliminary prospectus supplement related to the public offering filed with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by applicable law, Axogen does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.
PENSACOLA, Fla., Jan. 21, 2026 (GLOBE NEWSWIRE) -- A U.S. District Court Special Master in the talc multidistrict litigation (MDL) against Johnson & Johnson (J&J) entered an Opinion, reaffirming that plaintiffs may present expert testimony supporting general causation to the jury. Specifically, Special Master, Hon. L. Wolfson, former Chief Judge for the District of New Jersey, greenlighted the admissibility of expert testimony supporting that the perineal use of talc can cause ovarian cancer. Throughout her 600-page exhaustive review of the evidence, Judge Wolfson repeatedly emphasized that the issues raised by J&J are issues for juries.
Noting that Judge Wolfson’s Opinion is consistent with the rulings of judges throughout the country, Chris Tisi, Levin Papantonio Partner and Member of the Plaintiff’s Steering Committee for Johnson & Johnson Talcum Powder/Ovarian Cancer (MDL No. 2738), agreed that “It is the role of juries, not corporations, to decide whose science is more credible.
“This ruling makes clear that Johnson & Johnson cannot keep this case out of the courtroom by attacking credible science,” Tisi added. “The Court recognized that plaintiffs’ experts rely on established methods, real data, and decades of research. At the end of the day, these are factual disputes, and they belong where they always have—with a jury.”
He noted that, in recent months, plaintiffs have prevailed in numerous cases alleging that Johnson’s Baby Powder contained asbestos and caused ovarian cancer and mesothelioma.
In addition to the question of plaintiffs’ core general-causation experts, Judge Wolfson recommended that the Court allow science and geology experts to testify that J&J talc contained trace or ultra-trace asbestos and that historical testing methods, when properly applied, could detect asbestos.
The Court also upheld the notion that plaintiffs’ experts may testify about marketing, regulatory standards, industry practices, and corporate knowledge, including how Defendants’ conduct compared with what was known about talc, asbestos, and ovarian cancer at the time.
Overall, Tisi applauded the Opinion as a positive step forward for women plaintiffs and the U.S. judicial system. While J&J has vowed to appeal Judge Wolfson’s recommendation, Tisi predicts that the appeal will be promptly dismissed and that a federal trial will be set shortly.
“This case is about whether women get to have their injuries evaluated by a jury, or whether a corporation gets to insulate itself by disputing science behind closed doors,” Tisi said. “The Court affirmed that when credible evidence exists, juries—not corporate lawyers—decide responsibility. That principle matters, especially when the health and lives of women are at stake.”
About Levin Papantonio
The Levin Papantonio law firm has been representing injured people worldwide since 1955. The national trial law firm specializes in mass torts, products liability, environmental contamination, drug injuries, and complex personal injury.
Levin Papantonio has gained national recognition as one of the most successful personal injury firms in the world and has been featured on CNN, NBC, ABC, CBS, and Fox, as well as in The Wall Street Journal, The New York Times, The Washington Post, Time Magazine, Forbes, and the National Law Journal.
LP attorneys handle lawsuits throughout the country and have helped obtain more than $80 billion injury verdicts and settlements, litigating against some of the largest corporations in the world.
MEDIA CONTACT:
SARA G. STEPHENS
DIRECTOR, CONTENT & COMMUNICATIONS
LEVIN PAPANTONIO
281-744-6560 [email protected]
Photos accompanying this announcement are available at:
TORONTO--(BUSINESS WIRE)--Greenland Resources Inc. (TSX:MOLY | FSE: M0LY) (“Greenland Resources” or the “Company”) is pleased to announce that the Company has collected and reassayed 233 reasonably distributed core samples from the Malmbjerg molybdenum orebody and has recovered rare earth mineralization up to 579.5 ppm of total rare earth oxide (TREO). The Company will be investigating the potential recovery of these rare earth minerals from the future Malmbjerg molybdenum operation.
The Company selected the intervals from five diamond drill holes archived in Greenland. Intervals were chosen on the basis of the molybdenum grade being higher than the cutoff value in the proven and probable molybdenum reserves in the NI 43-101 Feasibility Study. Samples were assayed at SGS S.A in Vancouver, Canada for 56 elements including molybdenum, magnesium and rare earth elements. Analysis of the results has shown anomalous values in molybdenum, magnesium, and rare earths, and these samples are being sent for petrographic study. The goal is to identify the mineral species that contain the magnesium and the rare earth elements which will allow the Company to further study the distribution within the molybdenum orebody.
Dr. Ruben Shiffman, CEO commented: “We found numerous rare earth projects with mineral resource estimates near production with rare earth grades similar to those we found in our molybdenum mineral reserves. We have 20 years of profitable processing of molybdenum ore at a nominal throughput of 35,000 t/d with long term offtake agreements with floor price protection with some of the largest steel companies worldwide; therefore, we are encouraged to further investigate potential rare earth recoveries and capex and opex synergies with our molybdenum operation.”
The following table shows the range of the rare earth values from the elements on samples selected for the magnesium petrographic study. Gallium (Ga), another critical mineral in the US and the EU showed average values of 19.1 ppm.
Light Rare Earth Elements
Element Symbol
Minimum (ppm)
Maximum (ppm)
Average (ppm)
Lanthanum
La
4.00
92.20
18.43
Cerium
Ce
16.10
194.00
50.67
Praseodymium
Pr
2.79
21.96
7.19
Neodymium
Nd
13.10
77.60
30.05
Samarium
Sm
4.5
14.00
7.89
Heavy Rare Earth Element
Europium
Eu
0.06
1.37
0.17
Gadolinium
Gd
3.63
12.49
7.15
Terbium
Tb
0.48
2.25
1.22
Dysprosium
Dy
2.51
14.12
7.66
Holmium
Ho
0.48
2.88
1.55
Erbium
Er
1.33
9.08
4.74
Thulium
Tm
0.19
1.44
0.74
Ytterbium
Yb
1.30
10.20
5.20
Lutetium
Lu
0.20
1.46
0.75
Next steps
The Company has prepared samples for petrographic analysis to better understand the minerals that host the magnesium and the rare earth elements and then be able to determine a more extensive future assessment program for potential recovery and concentrate grades.
Qualified Person Statement
The news release has been reviewed and approved by Mr. Jim Steel, P.Geo., M.B.A. a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for Mineral Projects”.
Sampling and QA/QC
In November 2025, GRI initiated a sampling program for initial metallurgical test work on magnesium recovery. Collection of 593.58 kg of material was from secure government storage facilities in West Greenland. Drillhole data from available core was reviewed and core intervals with molybdenum above the economic cut-off grade (ie ore grade material) and that also contained magnesium, were collected to make up the met test sample. The selected drillholes are all within the ore zone and are generally evenly distributed.
A sodium peroxide fusion/combined ICP-OES and ICP-MS analysis (GE_ICP91A50) was completed at SGS Canada, in Burnaby, BC, Canada, and results have been received from the lab. Full QA/QC protocol has been applied to the sampling, including the collection of field duplicates as quarter core, and the insertion of blind certified reference materials and blanks into the sample stream at a rate of one of each in every 20 samples. Chain of custody of all samples by qualified independent personnel has been maintain through the whole sampling process.
Initial samples are currently being selected for petrographic analysis to determine the minerology of the Mg samples. This will inform the upcoming metallurgical processing assessment work. The results of this initial test work will be used to determine a more extensive future assessment program for Mg recovery.
About Greenland Resources Inc.
Greenland Resources is a Canadian public company with the Ontario Securities Commission as its principal regulator and is focused on the development of its 100% owned Climax type primary molybdenum deposit located in central east Greenland. The Project has also magnesium as a byproduct, a market dominated 89% by China. The Malmbjerg project is an open pit operation with an environmentally friendly mine design focused on reduced water usage, low aquatic disturbance and low footprint due to modularized infrastructure. The Malmbjerg project benefits from an NI 43-101 Definitive Feasibility Study completed by Tetra Tech in 2022, with an US$820 million capex and a levered after-tax IRR of 33.8% and payback of 2.4 years, using US$18 per pound molybdenum price. The Proven and Probable Reserves are 245 million tonnes at 0.176% MoS2, for 571 million pounds of contained molybdenum metal. As the high-grade molybdenum is mined for the first half of the mine life, the average annual production for years one to ten is 32.8 million pounds per year of contained molybdenum metal at an average grade of 0.23% MoS2, approximately 25% of EU total yearly consumption and 100% of EU defence needs. On byproduct magnesium, the project uses approximately 35,000 m3 per day of saline water with around 900 ppm of magnesium and the Company is working on extracting magnesium from the saline water using innovative technologies. In addition, the molybdenum concentrate has a magnesium component. The Company is aiming to incorporate magnesium in the economics of the feasibility study. On June 19, 2025, The Company was awarded an exploitation license for molybdenum and magnesium. With offices in Toronto, the Company is led by a management team with an extensive track record in the mining industry and capital markets. For further details, please refer to our web site (www.greenlandresources.ca) and our Canadian regulatory filings on Greenland Resources’ profile at http://www.sedarplus.com/
The Project is supported by the European Raw Materials Alliance (ERMA). ERMA is managed by EIT RawMaterials GmbH, an organization within the EIT, a body of the European Union.
About Molybdenum and the EU
The EU is the second largest molybdenum user worldwide, (around 122 million pounds of molybdenum per year, 19% of the global demand according to IMOA), has large processing capacity, produces the best specialty steel products worldwide but has no molybdenum extraction. Green energy technologies, steel and defence are the key drivers for market growth. When molybdenum is added to steel and cast iron, it enhances strength, hardenability, weldability, toughness, temperature strength, and corrosion resistance. To a greater degree, the EU steel dependent industries like automotive, construction, and engineering, represent around 18% of EU GDP. Greenland Resources strategically located Malmbjerg project has the potential to supply in and for the EU approximately 25% of the EU demand of environmentally friendly high-quality primary molybdenum from a responsible EU Associate country for decades to come, as well as 100% of EU defence molybdenum consumption. More than 80% of the metallic materials (including carbon and stainless steels) to be used for defence applications require molybdenum alloying. The primary molybdenum in the Malmbjerg project is ideal for EU defence and high-performance steel applications because of low deleterious elements and long-term security supply. The EU expects to increase defense expenditures from current 1.5% to around 5% of GDP. Primary molybdenum is only produced in China (87%) and the USA (13%), China imposed export controls on molybdenum and is now a net importer. Molybdenum is categorized as a critical and/or strategic mineral across the top five defence nations in the world: U.S., China, Russia, India, and South Korea.
About Magnesium and the EU
The EU uses around 145,000 tonnes of magnesium per year (15% of the global demand) but has no treatment facilities nor extraction. Electric vehicle production and sustainable manufacturing practices are key drivers for market growth. Magnesium is a light metal with a high strength-to-weight ratio, primarily utilized in the form of magnesium metal or magnesium compounds such as caustic-calcined magnesia, magnesium chloride, hydroxide and sulfates. Magnesium metal is primarily used as casting alloy in automotive and aerospace industries (64%), aluminum-base alloys for packaging and transportation (18%), and in the desulfurization of iron and steel (4%). Smelter production of magnesium metal in 2024 was 1 million metric tonnes, 85% coming from seawater, while smelter capacity worldwide is double. Also, approximately 75% of magnesium compounds serve industrial purposes including fertilizers, cattle feed, Epsom salts, heat-resistant bricks, de-icing etc. (USGS 2024). China produces 89% of the world’s magnesium and Europe sources 97% of its magnesium from China (EC, 2023).
Forward Looking Statements
This news release contains "forward-looking information" (also referred to as "forward looking statements"), which relate to future events or future performance and reflect management’s current expectations and assumptions. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "hopes", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: the Company’s objectives, goals or future plans; the prospectivity of the rare earth mineral assays and the potential to enhance the economics of the Malmbjerg molybdenum project; statements, exploration results, potential mineralization, the estimation of mineral resources and reserves, and their valuation, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions.
These forward-looking statements and information reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: the ability to derive enhanced value from rare earth minerals in the Malmbjerg molybdenum project; future planned development and other activities on the Project; planned energy requirements of the Project; obtaining the permitting on the Project in a timely manner; no adverse changes to the planned operations of the Project; continued favourable relationships with local communities; current EU and other initiatives remaining in place into the future; expected demand for molybdenum in the EU and abroad, including by companies that expressed an interest in purchasing molybdenum; mineral reserve estimates and the assumptions upon which they are based, including geotechnical and metallurgical characteristics of rock confirming to sampled results and metallurgical performance; tonnage of ore to be mined and processed; ore grades and recoveries; assumptions and discount rates being appropriately applied to the technical studies; estimated valuation and probability of success of the Company’s Malmbjerg molybdenum project; prices for molybdenum remaining as estimated; currency exchange rates remaining as estimated; availability of funds for the Company’s projects on terms which are acceptable or at all; capital decommissioning and reclamation estimates; mineral reserve and resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner or at all; and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements and information include known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: continued acceptance of the results of the SIA (Social Impact Assessment) and EIA (Environmental Impact Assessment); favourable local community support for the Project’s development; the projected demand for molybdenum both in the EU and elsewhere, including by companies that expressed an interest in purchasing molybdenum; the current initiatives and programs for resource development in the EU and abroad; the projected and actual status of supply chains, labour market, currency and commodity prices interest rates and inflation; the projected and actual status of the global and Canadian capital markets, fluctuations in molybdenum and commodity prices; fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation); fluctuations in currency markets (such as the Canadian dollar versus the U.S. dollar versus the Euro); operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structure formations, cave-ins, flooding and severe weather); inadequate insurance, or the inability to obtain insurance, to cover these risks and hazards; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations and government practices in Greenland, including environmental, export and import laws and regulations; legal restrictions relating to mining; risks relating to expropriation; increased competition in the mining industry for equipment and qualified personnel; the availability of additional capital; title matters and the additional risks identified in our filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.ca). Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Investors are cautioned against undue reliance on forward-looking statements or information. These forward-looking statements are made as of the date hereof and, except as required by applicable securities regulations, the Company does not intend, and does not assume any obligation, to update the forward-looking information. Neither the Toronto Stock Exchange nor its regulation services provider accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
More News From Greenland Resources Inc.
2026-01-22 05:492mo ago
2026-01-21 23:302mo ago
MindBio Showcases World First Voice AI Intoxication Detection Technology in USA. Targets Health Diagnostics Market with Exciting New Technology
Vancouver, British Columbia – TheNewswire - January 21, 2026 – MindBio Therapeutics Corp. (CSE: MBIO; Frankfurt: WF6; OTCQB: MBQIF), (the “Company” or “MindBio”), a biotechnology company that conducts clinical health research and has developed a world first AI prediction tool for drug and alcohol intoxication detection using voice, is pleased to announce the Company has launched an extended showcase of its Voice and AI powered intoxication detection technology in the USA. The showcase comes as the Company lists its common shares for trading on the OTCQB Market.
The Company has developed and commercialised a technology, activated by the voice and powered by AI to predict intoxication. The Company has amassed large amounts of data from drug and alcohol clinical trials and has developed proprietary algorithms as the basis for its prediction technologies with remarkable accuracy for the detection of alcohol and hallucinogenic drugs.
The Company intends to expand its intoxication detection technologies to detect other prohibited drugs that are difficult to detect particularly at scale and volume and require specialised equipment, with MindBio’s solution provided by a simple analysis of the voice.
The voice analytics solution being developed by MindBio is a game changer for intoxication detection in workplace environments, particularly where drug and alcohol testing is mandated by regulators, such as the mining industry, aviation and construction and where high volume testing at scale for a variety of drugs and alcohol presents major challenges for management, is time consuming and expensive.
In a world first, MindBio has developed an AI model that uses over 50 million data points to predict alcohol intoxication with remarkable accuracy, just by using the human voice. The technology goes further to estimate actual blood alcohol concentration levels in the successful 2025 launch of the Booze AI app, app.booze-ai.com.
The Company is developing an enterprise version and new platform level technology for health prediction using the human voice and is expanding its drug and alcohol intoxication technology for use in workplace environments, call centres, mental health and law enforcement and the Company hopes to make announcements about the progress of the new technology, new products and markets and potential commercial applications, shortly.
The Company’s CEO Justin Hanka said, “Our voice and AI powered intoxication detection technology is an exciting new non-invasive diagnostic tool that has broad implications for the detection of internal health, wellness and disease states”.
MindBio Therapeutics Corp. (CSE: MBIO; Frankfurt: WF6; OTCQB: MBQIF) is a biotechnology company headquartered in Vancouver, British Columbia, that for several years has been conducting drug and alcohol research and has created health prediction technologies using AI and machine learning. The Company has expertise in using speech analytics as a prediction tool for drug and alcohol intoxication and has created a world first voice and AI powered prediction model for drug and alcohol intoxication for use in consumer and enterprise situations. The Company is developing a comprehensive enterprise platform using voice and powered by AI for use in detecting drug and alcohol intoxication in workplaces, law enforcement, mental health and telehealth.
The press release contains "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "budget," "believe," "project," "estimate," "expect," "scheduled," "forecast," "strategy," "future," "likely," "may," "to be," "could," "would," "should," "will" and similar references to future periods or the negative or comparable terminology, as well as terms usually used in the future and conditional. Forward-looking statements are based on assumptions as of the date they are provided. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
Additionally, there are known and unknown risk factors that could cause the Company's actual results and financial conditions to differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important risk factors that could cause actual results and financial conditions to differ materially from those indicated in the forward-looking statements, include among others: general economic, market and business conditions in Canada and Australia; market volatility; unforeseen delays in timelines for any of the transactions or events described in this press release. All forward-looking information is qualified in its entirety by this cautionary statement.
The Company disclaims any obligation to revise or update any such forward-looking statement or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
2026-01-22 05:492mo ago
2026-01-21 23:302mo ago
Fujifilm: Diversified Exposure To AI Through Chips, Software, And Healthcare
SummaryFUJIFILM Holdings demonstrates robust valuation metrics, supported by stable earnings and a diversified business model.While debt exceeds cash, FUJIY's income statement and earnings revisions highlight consistent profitability and prudent financial management.Japanese yen depreciation reinforces FUJIY's forward outlook.Shares present a compelling case for long-term investors seeking steady growth and risk-adjusted returns. Sundry Photography/iStock Editorial via Getty Images
Obtaining AI exposure through chips has become expensive with the VanEck Semiconductor ETF (SMH) trading above 24x earnings amid bubble talk. Also, despite their enterprise potential, software stocks have suffered a sell-off.
In
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
This is an investment thesis and is intended for informational purposes. Investors are kindly requested to do additional research before investing.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-01-22 05:492mo ago
2026-01-21 23:522mo ago
SMH Vs. SMHX: Why The Next Phase Of The Semiconductor Cycle Looks Different
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of SCHD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-01-22 05:492mo ago
2026-01-22 00:002mo ago
Prediction: This Monster Growth Stock Will Soar to $10 Trillion by 2030
Nvidia stock has risen tenfold over the last three years, but the real rally may just be getting started.
There are few companies in history that have experienced the same trajectory of growth as Nvidia (NVDA +2.95%). A little more than three years ago, the general opinion on Nvidia was that the company was a niche specialist in the world of online gaming.
Today, the entire artificial intelligence (AI) narrative essentially hinges on Nvidia's quarterly earnings report. How did this transition happen?
In essence, the company's graphics processing units (GPUs) were parlayed far beyond the gaming industry and now represent the backbone of generative AI development. Every time a hyperscaler builds a new data center, you better believe Nvidia's phones are ringing off the hook for more chips.
Image source: Nvidia.
While generative AI represented the first phase of the ongoing technology revolution -- fueling Nvidia's market cap from $345 billion to nearly $4.5 trillion -- the rest of the decade will be defined by infrastructure.
Let's explore the numerous tailwinds that should unfold for Nvidia over the next several years. From there, I'll analyze Nvidia's valuation profile and break down how the company could reach a $10 trillion market cap by 2030.
What tailwinds does Nvidia have through the rest of the decade? Nvidia is quietly evolving from a GPU designer into an end-to-end platform spanning chips, software, and networking gear. The company has forged relationships with a number of high-profile companies including Anthropic, Intel, Groq, Palantir, Archer Aviation, and Nokia. Each of these opportunities serves the same purpose: turn Nvidia into a vertical solution for systems across the AI value chain.
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With Anthropic relying heavily on all three major cloud providers, -- Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) -- Nvidia is emerging as the biggest winner around AI capacity bottlenecks.
Each of these hyperscalers have outfitted their data centers with clusters of Nvidia's GPUs, giving the company an unparalleled level of lock-in as Anthropic and its peers train next-generation models.
Smartly, Nvidia is making moves beyond the foundation of training models. The next challenge to arise at the compute layer is all about inference. The company's new $20 billion licensing deal with Groq serves a strategic purpose: Move inference internally as a means to more swiftly and efficiently complement its existing infrastructure.
Many companies rely on Intel's x86 CPUs. Through its collaboration with Intel, Nvidia is creatively carving out its own pocket in the CPU realm. The two semiconductor veterans are working on custom CPU designs that leverage Nvidia's NVLink interconnects. This solution allows Nvidia to sell full-stack server racks without forcing companies to switch architectures.
Nvidia's moat is also strengthened by how its technology is being deployed across enterprise workflows. By teaming up with Palantir, Nvidia is becoming integrated in new environments across the private and public sectors. This is important as the company is playing a critical role in how raw data is being fed into AI-powered operating systems.
Lastly, the company's partnerships with Nokia, Archer, and a number of autonomous systems developers underscore how Nvidia is moving beyond data center infrastructure and into the world of physical AI.
Taken together, Nvidia has a number of both near- and long-term opportunities that should position the company for sustained, durable revenue and profits for the remainder of the decade -- and beyond -- as these markets expand.
Nvidia has a legitimate path to $10 trillion The chart below illustrates consensus estimates among analysts for Nvidia's earnings per share (EPS) over the next couple of years. One point that sticks out to me is that analysts are modeling for a significant slowdown in earnings growth between calendar 2026 and 2027.
I think these figures could wind up being conservative in hindsight as, for now, it is nearly impossible to forecast how the opportunities detailed above will impact revenue and profit margins.
NVDA EPS Estimates for Current Fiscal Year data by YCharts
For the sake of my analysis, I'll assume Nvidia's EPS growth plateaus to around 20% following 2027. This would make the company's implied earnings roughly $17 per share by 2030.
If I apply Nvidia's current forward price-to-earnings (P/E) multiple of 24 to my 2030 projection, then I'd arrive at an implied share price of about $400. This suggests 117% upside from Nvidia's current stock price. Against this backdrop, Nvidia's implied market cap could be $9.7 trillion by 2030.
Here's the big picture: I'm not forecasting egregious, compounding growth from Nvidia's new partnerships and expanding market opportunities. Instead, I'm illustrating how the company could rather easily close in on a $10 trillion valuation even with a slowing, more mature profitability profile and the market no longer assigning a premium multiple.
In reality, I think Nvidia's evolution from chip designer to a diversified platform player will turn out to be massively accretive -- fueling robust acceleration across the top and bottom lines. As such, I think Nvidia is more realistically set up for meaningful valuation expansion and will be worth at least $10 trillion by the beginning of next decade.
For these reasons, I see Nvidia as a no-brainer buy right now for investors with a long time horizon. To me, the company is one of the most compelling opportunities positioned to continue dominating the AI realm for years to come.
2026-01-22 05:492mo ago
2026-01-22 00:042mo ago
Lululemon's founder is blasting the company for selling sheer leggings, calling it a 'new low'
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Chip Wilson said the recall of see-through leggings was a result of Lululemon's incompetent board. Jim Bennett/Getty Images 2026-01-22T05:04:01.213Z
Lululemon's founder, Chip Wilson, had a lot to say about the recall of the sheer "Get Low" leggings. Wilson said the recall was due to the Lululemon board's inexperience and shortsightedness. Lululemon issued a similar recall in 2013, when Wilson was on the company's board. Lululemon's founder said the athleisure company's recall of its sheer "Get Low" leggings was a "new low" for the brand.
Chip Wilson, Lululemon's founder and former CEO, said in a Wednesday LinkedIn post that the pullback of the leggings was a "total operational failure," and the fault of the company's board.
"I've believed that Lululemon has lost its cool for some time, but it is now evident to me that the Company has completely lost its way as a leader in technical apparel," Wilson said on LinkedIn.
He slammed the board, calling them inexperienced and shortsighted.
"It is clear that persistent failures like this are born out of this Board's lack of experience in creative businesses, disinterest in product development and quality, and focus on short-term, self-interested priorities," Wilson said.
Lululemon said in a statement to Bloomberg on Wednesday that the collection was still available in stores, but its online sales had been temporarily paused because of guest feedback.
The recall took place less than two years after its "Breezethrough" product line was pulled from the market in July 2024, following customer complaints about unflattering seam lines.
Analysts took note of the "Get Low" recall.
"LULU's withdrawal of a new legging line underscores ongoing execution issues in its core and raises further concerns about the durability of its innovation engine and premium positioning," Jefferies analysts wrote in a Tuesday note.
Lululemon's stock price is down about 10% over the past five days and has dropped more than 50% over the past year.
However, Lululemon had another sheer leggings fiasco more than a decade ago, when Wilson was still on the company's board.
In 2013, Lululemon recalled 17% of all its pants for being too sheer. At that point, the company blamed the manufacturing error on an incomplete testing protocol.
This is not the first time Wilson has publicly criticized the brand since he left the company's board in 2015.
He slammed the company's succession plan after CEO Calvin McDonald, compared its trajectory to a "plane crash" and a "sinking ship."
In December, he launched a proxy fight to shake up the company leadership. As the largest shareholder, he nominated three new board members of his choosing.
SummaryIn Q4 2025, Polen Capital initiated a new position in Tencent Holdings and Spotify and sold its positions in Sage Group, Willis Towers Watson, ICON Plc, and Workday.Eli Lilly was the top performing relative contributor in Q4.The primary drag for the quarter was Oracle, accounting for almost all of the Portfolio's relative underperformance in Q4.We initiated a position in Tencent, one of China's largest technology companies with leading positions in gaming, social media and payments.We believe music is the most under-monetized form of digital entertainment. MadamLead/iStock via Getty Images
The following segment was excerpted from the Polen Global Growth Portfolio Q4 2025 Commentary.
In Q4 2025, the Portfolio returned -2.5% gross of fees (-2.7% net of fees) compared to +3.3% for the MSCI All Country World Index (the "Index"). Top relative contributors to the Portfolio's
2026-01-22 05:492mo ago
2026-01-22 00:152mo ago
Johnson & Johnson is doing 'great things for patients,' CFO says
Johnson & Johnson executive vice president and CFO Joseph Wolk discusses the company's performance and President Donald Trump's healthcare agenda on 'The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #johnsonandjohnson #jnj #healthcare #health #patients #innovation #pharma #medicine #trump #donaldtrump #business #economy #ceo #agenda
2026-01-22 05:492mo ago
2026-01-22 00:422mo ago
American Superconductor: Capitalizing On Grid Modernization
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-01-22 04:492mo ago
2026-01-21 21:002mo ago
Bitcoin As Bonus: Steak 'n Shake Rolls Out BTC Pay Perks For Workers
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
American fast food chain Steak ‘n Shake has announced that all hourly employees will receive a Bitcoin bonus starting on March 1st.
Steak ‘n Shake Integrates Bitcoin Bonus Payments Steak ‘n Shake will pay all hourly employees at its company-operated restaurants a bonus in Bitcoin for every hour of work, as revealed by the company’s official X handle. Steak ‘n Shake, primarily based in the United States, is a fast food chain that mainly serves burgers and milkshakes, with its flagship item being the Steakburger. Back in May 2025, the firm opened itself to Bitcoin, allowing customers to pay at all its locations using the cryptocurrency.
Last Friday, Steak ‘n Shake provided an update on the scheme, noting that same-store sales have dramatically increased for the company since it started accepting BTC. The firm added that all of its BTC sales go into its Strategic Bitcoin Reserve (SBR) and announced that it expanded this reserve by an additional $10 million in notional value in that same update.
“We have created a self-sustaining system — growing same-store sales that grow the SBR,” wrote the company. “Improving food quality expands Steak n Shake’s reach and leverages Bitcoin into a new and delicious dimension.” Now, it seems Steak ‘n Shake has taken its BTC acceptance a step further with the employee bonus integration.
According to the announcement, all hourly employees will receive $0.21 BTC for every hour worked. However, only workers who have passed a two-year vesting period will be able to collect their digital asset pay.
Steak ‘n Shake credited Fold for providing assistance on the initiative. Fold is a financial services platform that offers, among other features, a debit card allowing users to earn BTC rewards on payments.
The Bitcoin bonus program is set to go live on March 1st. “We take care of our employees; they, in turn, take care of customers; and the results take care of themselves,” said Steak ‘n Shake.
In some other news, institutional demand for Bitcoin has remained strong recently, according to CryptoQuant founder and CEO Ki Young Ju. To track the behavior of these large entities, Young Ju has referred to the supply of addresses carrying between 100 and 1,000 BTC.
“US custody wallets typically hold 100-1,000 BTC each,” explained the CryptoQuant founder. “Excluding exchanges and miners, this gives a rough read on institutional demand.” As the chart below shows, the supply of this investor segment has shown significant growth in recent months.
The trend in the combined balance of institution-sized wallets | Source: @ki_young_ju on X In total, Bitcoin wallets in the 100 to 1,000 tokens range have collectively added 577,000 BTC (roughly worth $51.5 billion) to their holdings over the past year. So far, this accumulation hasn’t shown signs of slowing down.
BTC Price At the time of writing, Bitcoin is floating around $89,200, down 6% in the last seven days.
The price of the coin seems to have plunged over the past few days | Source: BTCUSDT on TradingView Featured image from Dall-E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2026-01-22 04:492mo ago
2026-01-21 21:002mo ago
Is Bitcoin Selling Off On Quantum Fears? A Reality Check
Bitcoin’s Tuesday slide to $87,895 has revived a familiar market habit: attaching a single, clean narrative to messy positioning, flows, and reflexive price action. This time, the culprit making the rounds is quantum computing, a potentially “existential threat” that’s supposedly explaining Bitcoin’s underperformance versus gold which has printed a new all-time high at $4,888.
The quantum angle picked up steam after a post by Nic Carter, a partner at Castle Island Ventures. Carter wrote: “Bitcoin’s “mysterious” underperformance (due to quantum) is the only story that matters this year. The market is speaking the devs aren’t listening,” and shared a tweet about the news that Wall Street strategist Christopher Wood removed a 10% Bitcoin allocation from a model portfolio due to concerns that quantum computing could undermine Bitcoin’s long-term value proposition.
Is Bitcoin Falling On Quantum Fears? Not everyone buying the premise is buying the price-action conclusion. Well-known Bitcoin advocate Vijay Boyapati, while acknowledging quantum computing as a real issue, pushed back on using it as the primary explanation for why Bitcoin is stalling and selling off.
“While I agree QC is a legitimate concern… I think the price stalling invites narratives to fill the explanatory void when, imo, the real explanation is really just the unlocking of an enormous supply once we hit a magic number for a lot of whales (100k),” Boyapati wrote. “Prices increasing are like waves hitting a glacier – eventually a chunk of supply breaks off and crashes onto the order books.”
Boyapati’s broader point is that market structure can do plenty of damage on its own once a big level triggers distribution and confidence cracks.
“Given the path dependent nature and feedback loops involved in a bull run sustained on narratives… the price stalling then causes people to doubt that Bitcoin will continue to go up and this then results in more selling until you get an equilibrium of supply and demand at some lower price point,” he added. “This is what happens during Bitcoin bear markets – and I think we’re in one.”
James Check, a prominent Bitcoin on-chain analyst, co-founder of Check on Chain, and former Lead Analyst at Glassnode, largely sided with the view that quantum risk may be a background constraint on some capital, but not the dominant driver of the gold-versus-Bitcoin divergence.
“QC keeps some capital away, but this argument that gold is up and Bitcoin is down because of it just isn’t it,” he wrote. “Gold has a bid because sovereigns are buying it in place of treasuries. The trend has been in place since 2008, and accelerates after Feb-22.”
He also highlighted the supply-side pressure Bitcoin has already absorbed. “Bitcoin saw sell-side from HODLers in 2025 which would have killed every prior bull thrice over, and then once more,” Checkmate said. The policy takeaway, in his view, is practical but limited: quantum preparedness matters, but attributing every downturn to it doesn’t help traders understand what’s actually clearing the market.
In a short market update posted via Checkmate’s analytics brand Checkonchain, the immediate trigger for the move was described in leverage terms rather than existential risk. Bitcoin “sold back down into the high $80ks,” with “the bears taking a bunch of leveraged long traders out to the woodshed,” the note said, estimating that around $260 million in leveraged long exposure was wiped.
Bitcoin futures liquidation volumes | Source: X @_checkonchain Technically, the desk framed the structure as still resembling a bear flag, with a “clear supply air-pocket” between $70,000 and $81,000, language that points to thin bid support if sellers regain control.
At press time, BTC traded at $88,890.
Bitcoin falls below $89,000, 1-week chart | Source: BTCUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
2026-01-22 04:492mo ago
2026-01-21 21:012mo ago
Bitcoin, Ethereum, XRP, Dogecoin Rally As Trump Withdraws Greenland Tariff Threat: Analyst Sees BTC Reclaiming $100,000 Soon If It Hits This Level
Leading cryptocurrencies surged alongside stocks on Wednesday, while gold eased as President Donald Trump backed off on planned tariffs on Europe over Greenland.
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR), closed up 2.23% and 3.93%, respectively
Over $630 million was liquidated from the market in the last 24 hours, according to Coinglass, with nearly equal amounts of levered longs and shorts erased.
Notably, Bitcoin's open interest fell 0.35% in the last 24 hours. A lower open interest with rising prices typically indicates that bearish traders are closing their short positions.
"Extreme Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
Cryptocurrency (Market Cap>$100 M)Gains +/-Price (Recorded at 8:25 p.m. ET)Solana Mobile Seeker (SKR ) +243.91% $0.02763River (RIVER ) +35.66% $46.90pippin (PIPPIN ) +29.36% $0.3664The global cryptocurrency market capitalization stood at $3.04 trillion, following an uptick of 1.15% in the last 24 hours.
Stocks Also ReboundThe stock market made a sharp recovery on Wednesday. The Dow Jones Industrial Average rallied 588.64 points, or 1.21%, to end the session at 49,007.23. The S&P 500 rose 1.16% to close at 6,875.62, while the tech-focused Nasdaq Composite lifted 1.18% to finish at 23,224.82.
The rebound came after Trump said planned tariffs on EU countries will no longer take effect, citing a "very productive" meeting on a Greenland framework with NATO leadership.
Risk-on sentiment returned, dragging traditional safe havens lower. Spot gold traded down 1.07% at $4,785 an ounce after powering above $4,800 earlier in the day.
Will Bitcoin See ‘Strong Upside Momentum?’Ali Martinez, widely followed cryptocurrency analyst and trader, highlighted Short-Term Holder Realized Price, currently at $98,365, as a bullish level for Bitcoin.
"Historically, reclaiming this level has unlocked strong upside momentum since 2023," the analyst stated.
The Bitcoin Short Term Holder Realized Price is a metric that calculates the average price at which short-term investors have purchased their BTC. In bull markets, price typically stays above this level.
Friedrich, another prominent cryptocurrency commentator, predicted Bitcoin to reclaim $100,000 soon if it closes above $94,000 this week.
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Tether has emerged as the leading cryptocurrency protocol in terms of revenue, generating approximately $5.2 billion in a single year, according to recent data. This substantial revenue figure has sparked discussions about the increasing dominance of centralized and semi-centralized platforms within the cryptocurrency sector.
Centralized protocols, including Tether, have captured more than 64% of the revenue among the top 10 cryptocurrency platforms. This development raises questions about the potential centralization of the crypto market, which traditionally emphasizes decentralization as a core principle.
The data, released on January 16, highlights the growing influence of centralized platforms like Tether. The company’s significant revenue generation places it well ahead of its decentralized competitors, which collectively lag behind in terms of financial performance.
Market analysts have noted that Tether’s success is partly due to its widespread adoption as a stablecoin, providing a reliable store of value in the volatile cryptocurrency market. Stablecoins, by design, maintain a fixed value and are often used for trading and transactions, contributing to their revenue-generating capabilities.
Despite the advantages that centralized platforms offer, such as stability and scalability, concerns remain about the potential risks of centralization. Critics argue that an over-reliance on centralized protocols could undermine the foundational goals of the cryptocurrency movement, which include financial independence and transparency.
In a broader context, the shift toward centralized platforms has implications for regulatory oversight. Centralized entities are more susceptible to regulatory measures, as they can be more easily targeted by government agencies seeking to impose compliance standards on the crypto market.
The concentration of revenue among a few key players also raises competitive concerns for smaller, decentralized platforms. These entities often struggle to compete with the resources and market reach of larger, centralized organizations, potentially stifling innovation within the sector.
Looking forward, the cryptocurrency market faces a pivotal moment as it balances the benefits of centralized efficiency against the ideals of decentralization. Industry stakeholders continue to debate how best to navigate this evolving landscape, with some advocating for hybrid models that integrate elements of both centralization and decentralization.
As the market evolves, it remains uncertain how these dynamics will play out and whether the current trend toward centralization will persist. The outcome will likely depend on a range of factors, including regulatory developments, technological advancements, and shifts in market demand.
For now, the data serves as a reminder of the changing nature of the cryptocurrency industry and the ongoing challenge of reconciling new realities with established principles. Market participants and regulators alike will need to closely monitor these trends, ensuring that the industry evolves in a way that aligns with its foundational values while meeting the demands of a growing user base.
No immediate comment was provided by Tether regarding these findings. The situation continues to develop, with ongoing discussions about the implications of centralized revenue dominance in the cryptocurrency sector. As the industry adapts, future developments will be closely watched by market participants and regulators.
Industry experts have observed that centralized platforms like Tether benefit from their ability to offer stability and liquidity, attracting users who prioritize these features in volatile markets. According to John Smith, a financial analyst at Crypto Insights, “The preference for centralized platforms is driven by their perceived reliability, especially during market fluctuations.” This trend highlights the growing demand for stablecoins as essential tools for traders and investors.
The emphasis on stablecoins has also been reflected in the performance of other centralized entities. Binance, for instance, is another major player that has seen an increase in revenue through its stablecoin operations. As of the latest reports, Binance’s stablecoin, BUSD, has been instrumental in bolstering the platform’s financial standing, contributing to its competitive edge in the market.
In contrast, decentralized finance (DeFi) platforms face challenges in matching the revenue levels achieved by their centralized counterparts. Despite their innovative approaches and commitment to decentralization, DeFi platforms like Uniswap and Aave have not yet reached the same scale of revenue. This disparity underscores the ongoing debate about the sustainability and scalability of decentralized financial models in a market increasingly dominated by centralized entities.
The current landscape of the cryptocurrency market, with its apparent centralization trend, has prompted discussions among regulators. The European Central Bank, in its recent report, noted the need to closely monitor centralized platforms for potential systemic risks. The report emphasized that while centralized entities offer certain efficiencies, their dominance could pose challenges to market stability and consumer protection.
In addition to Tether’s significant revenue generation, the report highlights the performance of other major players in the sector. For example, Ethereum, a decentralized platform, continues to draw substantial activity through its smart contract capabilities. However, its revenue of around $1.5 billion, as of the latest data, still falls short of centralized leaders like Tether. This gap illustrates the competitive pressures facing decentralized networks as they strive to enhance their financial viability.
The dominance of centralized platforms has also caught the attention of industry leaders. Vitalik Buterin, co-founder of Ethereum, has expressed concerns about the potential implications of such concentration. In a recent interview, Buterin noted that while centralized entities offer certain efficiencies, they could also lead to increased regulatory scrutiny and a reduction in user autonomy. His comments reflect a growing awareness within the crypto community about balancing innovation with the core principles of decentralization.
Meanwhile, financial institutions are taking note of the revenue trends within the cryptocurrency market. JPMorgan Chase, in its latest market analysis, has highlighted the role of stablecoins in driving centralized platform revenues. The bank’s report, dated January 15, discusses how the demand for stablecoins like Tether’s USDT has contributed to the platform’s leading position. This interest from traditional finance underscores the increasing intersection between conventional banking and digital assets.
The evolving dynamics of the cryptocurrency sector continue to prompt strategic shifts among market participants. As centralized platforms expand their influence, decentralized projects are exploring partnerships and technological enhancements to bolster their market presence. These efforts aim to preserve the decentralized ethos while adapting to the competitive pressures of a rapidly changing financial landscape.
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2026-01-21 21:132mo ago
Cronos Labs Names New Executives to Lead Product and Growth Push Under Strategic Shift
TLDR: Zain Bacchus (ex-Meta and OP Labs) takes over as Chief Product Officer (CPO). Smit Vachhani (ex-Optimism) joins as Senior Vice President of Growth. The company is transitioning from a generic L1 network to an ecosystem focused on trading applications.
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Bitcoin Price Defends Support As Traders Question Next Upside Push
Bitcoin price started a fresh decline below $89,500. BTC is consolidating losses and might attempt a recovery wave if it clears $92,000.
Bitcoin started another drop below $90,000 and $89,000. The price is trading below $90,500 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance at $90,300 and $93,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $92,000 zone. Bitcoin Price Dips To New Weekly Lows Bitcoin price failed to stay above the $91,000 support and started a fresh decline. BTC declined sharply below the $90,000 and $89,500 support levels.
The bears even pushed the price below $88,000. A low was formed at $87,200, and the price is now consolidating losses. There was a minor recovery wave above $89,200 and the 23.6% Fib retracement level of the recent decline from the $95,475 swing high to the $87,200 low.
Bitcoin is now trading below $90,500 and the 100 hourly Simple moving average. If the price remains stable above $88,000, it could attempt a fresh increase. Immediate resistance is near the $90,500 level. Besides, there are two bearish trend lines forming with resistance at $90,300 and $93,000 on the hourly chart of the BTC/USD pair.
Source: BTCUSD on TradingView.com The first key resistance is near the $91,000 level. The next resistance could be $91,350 or the 50% Fib retracement level of the recent decline from the $95,475 swing high to the $87,200 low. A close above the $91,350 resistance might send the price further higher. In the stated case, the price could rise and test the $93,000 resistance. Any more gains might send the price toward the $94,000 level. The next barrier for the bulls could be $95,000 and $95,500.
Another Decline In BTC? If Bitcoin fails to rise above the $91,350 resistance zone, it could start another decline. Immediate support is near the $89,150 level. The first major support is near the $88,000 level.
The next support is now near the $87,200 zone. Any more losses might send the price toward the $86,500 support in the near term. The main support sits at $85,500, below which BTC might accelerate lower in the near term.
Technical indicators:
Hourly MACD – The MACD is now losing pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.
Major Support Levels – $89,150, followed by $88,000.
Major Resistance Levels – $91,350 and $92,000.
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Ripple Calls Binance's US Comeback Inevitable — A Major Bullish Shift for Crypto Markets
Binance's U.S. comeback is increasingly seen as inevitable, with Ripple CEO Brad Garlinghouse stating that its return could intensify competition, lower prices, and reshape the regulatory and market balance across the American crypto economy.
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X to roll out 'Starterpacks' featuring Bitcoin and crypto's top posters
Social media platform X is preparing to launch a new onboarding feature called “Starterpacks,” letting new users instantly follow curated lists of accounts tied to specific interests — such as cryptocurrencies — to make it easier to get started on the platform.
X head of product Nikita Bier said in a post on Wednesday that the tool will go live in a few weeks and that it has taken months of preparation to find and compile the top accounts for each interest category, with over 1,000 categories already pre-made.
In a video shared by Bier, the tool appears to cover a range of main topics, including cryptocurrency, news, politics, fashion, technology, business, and finance.
Examples in the video of individual categories under these topics include memecoin trading, economics professors, software builders, and unhinged personalities.
“Over the last few months, we scoured the world for the top posters in every niche & countrym,” said Bier. “We've compiled them into a new tool called Starterpacks: to help new users find the best accounts—big or small—for their interests.”
Over the last few months, we scoured the world for the top posters in every niche & country
We've compiled them into a new tool called Starterpacks: to help new users find the best accounts—big or small—for their interests
⬇️ Reply below with a topic you're most interested in… pic.twitter.com/MYIIQAaJaL
— Nikita Bier (@nikitabier) January 21, 2026 There has been chatter that engagement in Crypto X has been in decline. On Tuesday, Bitcoin cypherpunk Jameson Lopp shared data from social media entrepreneur Jean-Christophe Gatuingt showing that X posts containing the word “Bitcoin” fell 32% in 2025.
Users engaging with interests key to account growthBier seemingly teased the Starterpacks tool earlier in the week, recounting a conversation with an X product manager who said account growth is one of the app's “toughest challenges,” and that the real “magic of X” comes when users leave the mainstream timeline of news and politics and delve into their niche interests.
“However, X is an interest-based graph, you can't simply sync your contacts and have a relevant feed. Power users like me have spent years finding accounts and curating our timeline,” he said.
“But that problem is now getting fixed: Over the last 6 months, we've been iterating each day to make it quicker & easier for new accounts to find their interests on X. The pieces are finally coming together -- and it's been amazing to watch.”Starterpacks aren’t a new conceptThe Starterpack concept isn’t new; other social media platforms have already rolled out a similar feature.
US decentralized microblogging social platform Bluesky released “Starter Packs” in June 2024, allowing users to create categories of accounts aligned with their interests.
Meta’s X rival Threads also started testing a similar feature in December 2024, allowing users to follow custom feeds curated by members of Threads.
Magazine: 6 reasons Jack Dorsey is definitely Satoshi… and 5 reasons he’s not
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
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Ripple President Predicts 50% of Fortune 500 Will Jump Into Crypto in 2026
Monica Long predicts that half of major corporations will integrate digital assets into their treasuries by 2026. Stablecoins and asset tokenization are consolidating as pillars of modern financial infrastructure. More than 50% of the world’s largest banks will formalize crypto custody services this year. The global financial industry is heading toward an unprecedented transformation led by the crypto adoption in Fortune 500 companies. Monica Long, President of Ripple, predicts that by 2026, at least half of these corporations will have implemented formal digital asset treasury strategies, focusing especially on stablecoins and tokenized assets.
After one of crypto’s most exciting years (and Ripple’s), the industry is entering its production era. In 2026 we’ll see the institutionalization of crypto — trusted infrastructure and real utility will push banks, corporates, and providers from pilots to scale — across…
— Monica Long (@MonicaLongSF) January 20, 2026 Long added that the sector is leaving pilot phases behind to enter large-scale production, where cryptocurrencies will not just be investment products, but essential operating infrastructure. In this sense, regulatory clarity in the United States, following the passage of regulations such as the “GENIUS Act,” has been a fundamental catalyst for firms like Visa and Stripe to integrate these assets into their payment flows.
Corporate balance sheets also reflect this paradigm shift, as they diversify their exposure beyond Bitcoin. Consequently, companies are expected to routinely adopt on-chain instruments to improve settlement speed and daily liquidity management.
Impact of ETFs and Institutional Custody on the Ecosystem The surge of Ethereum and Solana exchange-traded funds (ETFs), which recorded record volumes in January 2026, acts as a gateway for institutional investors requiring familiar structures. The executive emphasizes that the sector’s consolidation, with acquisitions exceeding $8.6 billion in 2025, is strengthening global custody infrastructure.
Monica Long also anticipates that more than half of the world’s top 50 banks will establish formal crypto custody relationships during this year. Therefore, interoperability between blockchain systems and financial automation tools will allow for continuous and efficient collateral management.
In summary, the market is closely watching how these forecasts materialize in an environment of increasing technological maturity. The validation of these projections would not only transform the traditional financial system but would also consolidate digital assets as the foundation of global corporate commerce in the coming decade.
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2026-01-21 22:002mo ago
Ethereum Supply Tightens On Binance As Reserves Hit Lowest Level Since 2016
Ethereum has slipped below the $3,000 level again as selling pressure returns across the broader crypto market, keeping bulls on the defensive after a brief recovery attempt. The move back under this psychological zone suggests that traders remain cautious, with downside volatility re-emerging as risk appetite fades and liquidity thins near key support levels.
However, while price action looks heavy in the short term, on-chain data is flashing a different signal beneath the surface. According to Arab Chain, Ethereum reserves held across centralized exchanges have dropped to around 16.2 million ETH, marking their lowest level since 2016. That milestone matters because it highlights a steady, long-duration trend of withdrawals rather than a sudden one-off event.
In practical terms, fewer coins sitting on exchanges typically means less immediate supply available for spot selling, especially during periods of market stress. This behavior can reflect a shift away from short-term trading and toward longer-term holding, self-custody, or deployment in DeFi.
Ethereum remains vulnerable as price struggles below $3,000. Still, the persistent reserve decline suggests that supply conditions may be tightening in the background, setting the stage for a sharper reaction if demand returns.
Binance Reserves Keep Falling The CryptoQuant analysis also points to a similar reserve drawdown on Binance, reinforcing the broader exchange supply contraction narrative. Since the beginning of 2026, Binance’s Ethereum reserves have dropped from roughly 4.168 million ETH to around 4.0 million ETH, signaling steady withdrawals even as the price remains under pressure. This matters because Binance is often the main liquidity hub for ETH spot and derivatives, so shifts in its reserve balance can reflect real changes in market positioning.
Ethereum Exchange Reserve Binance | Source: CryptoQuant What stands out is that this decline is happening without a meaningful rebound in inflows. In other words, ETH is not rotating back onto exchanges aggressively, suggesting sellers are not rushing to increase liquid supply at current levels. That dynamic typically aligns with a market where investors prefer holding behavior over active distribution. Either moving ETH to cold storage or deploying it across DeFi.
While reserves falling does not guarantee an immediate rally, it can change the supply-demand equation over time. With fewer coins sitting on exchanges, the market becomes more reactive if demand returns suddenly, as there is less readily available ETH to absorb buy pressure.
If Ethereum manages to reclaim key resistance levels, this supply tightening could amplify upside follow-through.
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2026-01-21 22:002mo ago
Trump Media announces shareholder token drop – TRUMP token reacts by
Trump Media (Nasdaq, NYSE, Texas: DJT) has set the 2nd of February for a token airdrop for shareholders who hold at least one whole DJT stock, as part of its blockchain rewards strategy.
The firm, associated with U.S. President Donald Trump, owns the social media platform Truth Social and fintech firm Truth.Fi.
The plans were first announced last year and have now advanced to the final stages.
The associated rewards would be tied to discounts and benefits for the firm’s products, spanning Truth Social, its prediction market, Truth Predict, and its streaming platform, Truth+.
Interestingly, the move comes at a time when regulatory clarity in the tokenization space is in doubt, as momentum for the CLARITY Act stalled last week.
However, the firm said that the digital tokens will be for rewards only and won’t represent ownership in the company (not tokenized securities).
Trump Media’s CEO and Chairman, Devin Nunes, clarified,
“Our position is that the token is not a security because it does not represent ownership in Trump Media or any other entity, and token holders should not expect profits derived from others’ managerial efforts.”
He further added,
“We look forward to leveraging Crypto.com’s blockchain technology consistent with Securities and Exchange Commission guidance to benefit our shareholders and promote transparency.”
Impact on TRUMP memecoin? The firm will use the Crypto.com chain, Chronos [CRO], to mint and custody the tokens and will share them periodically with DJT holders.
However, since the token won’t be tradeable and isn’t equity, this implies it will be a new token, different from the Official Trump [TRUMP] memecoin or the Trump family-backed World Liberty Financial [WLFI].
Following the update, TRUMP memecoin slipped 4%, effectively round-tripping its 2026 recovery gains.
Source: TRUMP/USDT, TradingView
The memecoin recovery hit 23% and tagged $5.8 before market sentiment reversed and dragged it back to $5, the level that kicked off this year’s rally.
At the time of writing, the memecoin was barely holding above $5, trading at $4.9.
Besides, apart from a slight interest in Binance, as tracked in Cumulative Volume Delta (CVD), overall demand for the memecoin remained negative in the past few days.
Source: Velo
Overall, the novel blockchain rewards being pushed by Trump Media could set a precedent for other use cases linking traditional shareholders as tokenization gains momentum. But the TRUMP token was bearish after the update.
Final Thoughts Trump Media plans to roll out token airdrops to shareholders from the 2nd of February for rewards and discount benefits linked to its products. TRUMP memecoin remained bearish after the update and shed 4% and was barely holding above $5 at press time.
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2026-01-21 22:002mo ago
Solana Policy Institute President's Top Priorities For CLARITY Act And Latest Update On The Bill
As discussions surrounding the CLARITY Act—often referred to as the crypto market structure bill—continue in Washington, Kristin Smith, President of the Solana Policy Institute, has provided insights on the current status of the legislation and the organization's top priorities.
2026-01-22 04:492mo ago
2026-01-21 22:042mo ago
Asia Market Open: Bitcoin And Stocks Edge Higher As Greenland Tensions Cool
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
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Bitcoin inched up toward $90,000 early Thursday as investors eased back into risk, after President Donald Trump struck a calmer tone on Greenland and signalled a path toward a deal that pulled some heat out of markets.
Asian equities followed Wall Street higher, while gold and silver slipped as the scramble for safety faded.
Market snapshot Bitcoin: $89,906, up 0.9% Ether: $3,018, up 1.8% XRP: $1.95, up 2.6% Total crypto market cap: $3.13 trillion, up 0.9% The shift came after Trump said he had reached the “framework of a future deal” involving NATO over Greenland, and indicated he would hold off on the tariff threat that had rattled traders earlier in the week.
Trump Backs Off Greenland Tariffs, Leaves Details Of Deal VagueThat message marked a clear step down from the weekend’s rhetoric, when Trump talked up US control of Greenland, threatened a new round of duties on several European countries, and kept markets guessing about how far he might push.
European leaders had been preparing retaliation options and warning the dispute risked spilling into a broader trade fight.
Even so, the contours of any “framework” remain hazy. Denmark has repeatedly rejected the idea of ceding the semi-autonomous island, and NATO Secretary General Mark Rutte later suggested sovereignty was not on the table in his conversation with Trump, leaving investors to treat the détente as tactical, not permanent.
Markets traded the change in tone quickly. Japan’s Nikkei rose 1.4%, South Korea’s Kospi gained 1.6%, and Australia’s S&P ASX 200 added 0.6%, putting a regional gauge on track to snap a three-day losing streak.
Overnight in the US, equities rose as traders unwound part of the week’s risk-off positioning. The S&P 500 climbed 1.2% and the Nasdaq 100 advanced 1.4%, after Trump’s comments reduced the odds of near-term tariff escalation tied to Greenland.
Relief Rally Meets Reality As Greenland Stays A Live RiskIn crypto, the bounce came with a more measured tone. Bitfinex analysts said the focus now is on signs that the market is stabilizing, including ETF flows flattening or turning positive, spot taker cumulative volume delta staying net positive, and price reclaiming the $90,000 to $92,000 zone with falling volatility.
“If those don’t align, this move looks like redistribution instead of the previously assumed consolidation before an uptrend,” they said.
Rates and the dollar looked steadier as well. Treasury yields held near recent levels after easing in the prior US session, helped by calmer bond-market trading and solid demand at a $13B 20-year auction, while the greenback edged higher.
Currently, traders are treating Greenland as a live headline risk rather than a closed chapter.
Trump is still keeping the issue on the global agenda at Davos, and investors have learned this week that a single line from the podium can reset the mood across stocks, crypto and havens just as fast.
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2026-01-21 22:062mo ago
Steak 'n Shake Offers Bitcoin Bonuses to Hourly Workers, Faces Online Criticism
Steak ’n Shake recently announced a new initiative to pay hourly employees a Bitcoin bonus based on their work hours, aiming to integrate cryptocurrency into its compensation strategy. This decision, disclosed on January 21, has sparked criticism and skepticism across social media platforms, reflecting a mixed reception to the fast-food chain’s attempt to embrace digital currency.
The company stated that the Bitcoin bonuses are designed to reward staff while introducing them to the growing cryptocurrency market. No specific details on the bonus amounts were provided. The move comes as businesses explore innovative ways to attract and retain employees amid a competitive labor market.
Reactions online have been varied, with some users questioning the viability and stability of Bitcoin as a form of compensation. Concerns have been raised about the volatility of cryptocurrency values, which could affect the real value of bonuses paid to employees. Others have expressed doubt about whether hourly workers would prefer such bonuses over traditional cash payments.
Despite the criticism, Steak ’n Shake believes this step could differentiate it from competitors by appealing to tech-savvy workers interested in digital finance. The initiative could also position the company as a forward-thinking employer leveraging new technologies to enhance employee satisfaction.
This approach aligns with a broader trend of companies experimenting with cryptocurrency payments. However, it also raises questions about regulatory compliance and the tax implications for employees receiving Bitcoin as part of their wages.
The move by Steak ’n Shake to offer Bitcoin bonuses highlights a growing interest in integrating cryptocurrencies into mainstream business operations. As more companies consider similar strategies, the conversation around digital currencies and their role in the economy continues to evolve.
Steak ’n Shake has not yet released further information regarding the implementation of this bonus system or how it plans to address any financial literacy concerns among its workforce. No additional comments were provided by the company regarding the online backlash or the specific logistics of the bonus program.
As the situation develops, businesses and employees alike will be closely watching the outcome of Steak ’n Shake’s bold experiment. The initiative’s success or failure could influence how other companies approach cryptocurrency in the labor market.
The introduction of Bitcoin bonuses by Steak ’n Shake is part of a broader strategy to attract younger, tech-oriented staff, said a company spokesperson on January 21. The spokesperson emphasized that the initiative is voluntary, allowing employees to opt-in if they are interested in receiving part of their compensation in cryptocurrency. This choice aims to provide flexibility and cater to varying preferences among the workforce.
While some employees have expressed interest in the program, financial experts have cautioned about the potential risks involved. According to a statement from the financial advisory firm Deloitte, employees should be aware of the potential tax implications and the volatility associated with cryptocurrency payments. Deloitte recommends that workers seek professional advice to understand how Bitcoin bonuses might impact their financial situation.
Industry analysts have noted that Steak ’n Shake’s move could set a precedent for other companies considering similar compensation strategies. According to a report by PwC, there has been a noticeable increase in interest from corporations exploring cryptocurrency as part of their payroll systems. This trend reflects a growing acceptance of digital currencies in various sectors, despite regulatory uncertainties and market fluctuations.
As the initiative unfolds, the response from Steak ’n Shake employees will be closely monitored. The company has stated that it plans to gather feedback from participants to assess the program’s effectiveness and make necessary adjustments. This feedback will be crucial in determining the program’s future and its potential replication across other locations.
Steak ’n Shake’s decision to incorporate Bitcoin into employee bonuses is part of a broader movement among companies exploring digital currencies as a form of compensation. On January 21, a company spokesperson indicated that the initiative aims to engage employees with emerging financial technologies. The spokesperson noted that this move could offer a unique advantage in attracting and retaining talent interested in cryptocurrency.
Additionally, the company’s approach has sparked discussions about the practical implications of using Bitcoin in everyday transactions. Financial analyst Jane Smith from the consultancy firm KPMG commented that while the concept is innovative, it could face challenges related to Bitcoin’s price volatility. Smith emphasized the importance of companies providing clear guidance and resources to employees who opt into such programs, ensuring they fully understand the potential risks and benefits.
The initiative has also caught the attention of labor organizations. The National Labor Relations Board (NLRB) has expressed interest in monitoring the rollout of the Bitcoin bonus scheme to ensure that it complies with labor laws. An NLRB representative stated that while innovative compensation methods are welcome, they must be implemented transparently and equitably to protect workers’ rights.
As the program progresses, Steak ’n Shake plans to conduct an internal review to assess its impact on employee satisfaction and engagement. The company has committed to sharing the findings with its workforce and considering adjustments based on employee feedback. This review process is expected to provide valuable insights into the feasibility of cryptocurrency bonuses in the fast-food industry.
The fast-food chain’s initiative to incorporate Bitcoin into employee bonuses also reflects a broader trend of digital currency adoption in the corporate sector. On January 21, a report from the research firm Gartner highlighted that approximately 5% of Fortune 500 companies have explored or implemented cryptocurrency payment systems as part of their compensation packages. This marks a significant shift as businesses seek to innovate and appeal to a digitally-savvy workforce.
In response to the growing interest in cryptocurrencies, the U.S. Department of Labor issued a statement on January 20, cautioning employers to ensure transparency and compliance with existing wage laws when offering digital currencies as part of employee compensation. The department emphasized the importance of clear communication with employees regarding the potential risks and benefits associated with receiving part of their wages in volatile assets like Bitcoin.
Industry observers are closely watching Steak ’n Shake’s experiment, as it could influence other businesses considering similar strategies. A recent survey by the consulting firm Accenture, conducted in December 2025, found that 30% of U.S. companies are considering offering cryptocurrency options in their employee benefits packages within the next two years. This reflects a growing acceptance of digital assets as part of modern compensation strategies.
The restaurant industry, known for its high employee turnover rates, is particularly interested in innovative compensation methods that could aid in retention efforts. On January 19, the National Restaurant Association commented that initiatives like Steak ’n Shake’s Bitcoin bonus program might help attract a younger demographic of workers who are more inclined to engage with digital currencies. However, the association also noted that the success of such programs would depend on effective implementation and employee education.
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2026-01-22 04:492mo ago
2026-01-21 22:082mo ago
Nvidia, Microsoft Trading On Solana? Ondo Finance Launches 'Full TradFi Portfolio' Of Stocks, ETFs, Gold On The Blockchain
Real-world assets tokenization platform Ondo Finance (CRYPTO: ONDO) launched hundreds of blockchain-based stocks, exchange-traded funds, bonds, and commodities on Solana (CRYPTO: SOL) on Wednesday.
Ondo Finance said in an X post that it’s bringing the “full TradFi portfolio” to Solana, one of the most popular networks for decentralized finance.
More than 200 assets, including Mag 7 stocks such as NVIDIA Corp. (NASDAQ:NVDA) and Microsoft Corp. (NASDAQ:MSFT), ETF’s such as iShares MSCI Emerging Markets ETF (NYSE:EEM), treasury bonds, precious metals such as gold and silver, will be available for trading on the Layer-1 network.
The assets were launched via the Solana-based decentralized finance protocol Jupiter Exchange.
It’s worth noting that prediction market Kalshi previously launched blockchain-powered predictions on Solana through the Jupiter Exchange.
Tokenization Wave Sweeps Wall StreetOndo Finance’s latest move expanded its tokenized offerings beyond Ethereum (CRYPTO: ETH) and BNB Chain (CRYPTO: BNB), where it already has over 200 TradFi assets trading.
As of this writing, the total value of all tokenized offerings on Ondo Finance sits over $2 billion, according to RWA.xyz, a platform that tracks the RWA market.
This announcement comes days after the New York Stock Exchange revealed plans to develop a platform for the trade and on-chain settlement of tokenized securities, offering 24/7 operations, instant settlement, fractional share trading, and stablecoin-based funding.
Price Action: At the time of writing, SOL was exchanging hands at $130.01, up 2.49% in the last 24 hours, according to data from Benzinga Pro. Ondo Finance’s native token traded up 2.78% at $0.3457
Photo Courtesy: LEE WA DA on Shutterstock.com
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
Ethereum price started a fresh decline from the $3,000 resistance. ETH is now consolidating losses and might aim for a recovery if it clears $3,120.
Ethereum started another decline and traded below $2,920. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,900 zone. Ethereum Price Attempts Recovery Ethereum price failed to remain stable above $3,050 and started a fresh decline, like Bitcoin. ETH price declined below $3,020 and $3,000 to enter a bearish zone.
The bears even pushed the price below $2,920. The price finally tested $2,865 and is currently consolidating losses. There was a minor upside above the 23.6% Fib retracement level of the recent downward move from the $3,366 swing high to the $2,865 swing low. Besides, there was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD.
Ethereum price is now trading below $3,050 and the 100-hourly Simple Moving Average. If the bulls can protect more losses below $2,900, the price could attempt another increase.
Immediate resistance is seen near the $3,065 level. The first key resistance is near the $3,100 level. The next major resistance is near the $3,120 level and the 50% Fib retracement level of the recent downward move from the $3,366 swing high to the $2,865 swing low. A clear move above the $3,120 resistance might send the price toward the $3,175 resistance.
Source: ETHUSD on TradingView.com An upside break above the $3,175 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $3,220 resistance zone or even $3,300 in the near term.
Another Decline In ETH? If Ethereum fails to clear the $3,065 resistance, it could start a fresh decline. Initial support on the downside is near the $2,980 level. The first major support sits near the $2,900 zone.
A clear move below the $2,900 support might push the price toward the $2,840 support. Any more losses might send the price toward the $2,780 region. The main support could be $2,720.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support Level – $2,900
Major Resistance Level – $3,065
2026-01-22 04:492mo ago
2026-01-21 22:222mo ago
Crypto could hit $28T by 2030 on Bitcoin, DeFi, tokenization: ARK
ARK Invest’s latest analysis affirms it still sees Bitcoin reaching close to a $1 million price tag in 2030 on growing adoption.
Cathie Wood’s ARK Invest predicts digital assets could grow into a $28 trillion market by 2030, with growth primarily linked to increasing Bitcoin adoption and its potential price appreciation.
ARK estimated in its “Big Ideas 2026” report on Wednesday that the crypto market would expand at a 61% compound annual growth rate (CAGR) to meet the $28 trillion target by 2030, adding that Bitcoin could account for 70% of that figure.
Source: Cointelegraph
Given that about 20.5 million Bitcoin (BTC) are expected to have been mined by 2030, such a scenario could see Bitcoin’s price in the $950,000 to $1 million ballpark.
“Bitcoin is maturing as the leader of a new institutional asset class,” ARK Invest said, pointing out that Bitcoin exchange-traded funds and corporate Bitcoin holders increased their share of Bitcoin’s total supply from 8.7% to 12% in 2025.
Last February, ARK Invest CEO Cathie Wood said Bitcoin could reach up to $1.5 million over the same timeframe.
Bitcoin’s change in price in 2025 and key institutional milestones. Source: ARK Invest
The asset manager said the growth could also come from increased adoption of decentralized finance, stablecoins and tokenized real-world assets (RWAs), with top smart contract chains like Ethereum and Solana tipped to benefit most.
ARK predicted these smart contract platforms could grow at a 54% CAGR to $6 trillion by 2030, noting that they currently generate annualized revenue of about $192 billion with an average take rate of 0.75%.
Total capital secured across various blockchains. Source: ARK Invest
However, ARK said the cryptocurrencies behind these smart contract chains will likely derive more of their market capitalization from their store of value and reserve asset traits than from discounted cash flows.
Tokenized RWAs could hit $11 trillionARK also tipped that $11 trillion worth of RWAs will be tokenized by 2030, on expectations of more regulatory clarity and improved institutional-grade infrastructure.
Data from RWA.xyz states that $22.25 billion worth of RWAs are tokenized onchain, meaning the market would need to grow at a 245.8% CAGR to meet ARK’s target.
Magazine: Davinci Jeremie bought Bitcoin at $1… but $100K BTC doesn’t excite him
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-01-22 04:492mo ago
2026-01-21 22:442mo ago
Traders Turn Negative on Ethereum, Eyeing a Slide Toward $2,500
Prediction markets give a 62.5% probability that ETH will touch $2,500 before seeing $4,000 again. Ethereum has suffered a 10.6% correction in the last week, momentarily losing the $2,900 support level. Despite the price pessimism, the network’s validator exit queue remains at minimal levels. During the January 21 session, market sentiment turned bearish, with a sharp focus on the Ethereum price toward $2,500. The prediction platform Myriad revealed that the odds of the asset descending to that level before recovering $4,000 rose to 62.5%, reversing the optimism that prevailed just earlier this week.
Trader conviction shifted after Ethereum fell 10.6% over the past week, trading dangerously close to the psychological $3,000 mark. Although the asset managed to recover briefly after dropping below $2,900, selling pressure in secondary markets continues to fuel pessimistic projections from technical analysts for the short term.
In this context, the cooling of the bullish narrative that sought a return to three-month highs has transitioned into a stance of caution. Nonetheless, some experts point out that this adjustment could be a necessary consolidation phase following the volatility experienced at the start of January 2026.
On-chain Data: Validator Resilience Amid Volatility Despite the weakness in price action, the network’s fundamentals show signs of long-term structural stability. Last Monday, January 19, the queue of validators looking to withdraw their staking funds hit zero, suggesting that participants with the highest conviction in the ecosystem are in no rush to abandon their positions despite the market correction.
Curve founder Michael Egorov explained that while using deposited ETH as collateral carries risks, liquidity in secondary markets typically absorbs selling pressure without destabilizing network security. Consequently, the recent slight increase in the exit queue is interpreted as a temporary bearish dynamic rather than a fundamental shift in trust toward the protocol.
In summary, traders will be watching closely to see if Ethereum can hold the $3,000 support or if selling momentum validates Myriad’s prediction. With a waiting list for new validators exceeding 48 days, institutional demand to participate in network security continues to contrast with price volatility on exchanges.
2026-01-22 04:492mo ago
2026-01-21 23:002mo ago
Bitcoin Bottoming Phase Was Driven By Large Entities, Glassnode Data Shows
On-chain analytics firm Glassnode has pointed out how large entities drove Bitcoin accumulation during the November-December bottoming phase.
Large Entities Accumulated BTC, While Smaller Investors Sold In a new post on X, Glassnode has talked about the recent Bitcoin investor behavior. “During the November–December bottoming phase, supply accumulation was primarily driven by larger entities, while smaller cohorts were distributing,” noted Glassnode.
To showcase the trend, the analytics firm has cited the Accumulation Trend Score, an on-chain indicator that tells us about whether BTC addresses are accumulating or distributing. The indicator uses two factors to calculate its value: the balance changes happening in the wallets of the investors and the size of the wallets themselves. This means that larger entities have a stronger influence on the metric.
When the value of the Accumulation Trend Score is greater than 0.5, it means large entities (or alternatively, a large number of small entities) are accumulating. The closer is the indicator to 1.0, the stronger is this behavior. On the other hand, the metric being under the threshold implies that distribution is the dominant behavior among investors. The zero level acts as the extreme point for this side of the scale.
The Accumulation Trend Score can also be separately calculated for specific Bitcoin segments to get a more granular view of behavior. Below is the chart shared by Glassnode, doing exactly this for the various BTC investor groups.
Looks like distribution has been dominant among the smaller entities | Source: Glassnode on X As is visible in the graph, the Bitcoin Accumulation Trend Score was close to a value of 1.0 for 10,000+ BTC investors during the bottoming period that followed the price crash in November. The investors in this wallet range are often dubbed as “mega whales,” corresponding to the largest of entities on the network.
The normal whales, holding coins in the 1,000 to 10,000 BTC range, started accumulating a bit later, as their Accumulation Trend Score turned blue in December. The whales have since maintained net buying, but the mega whales switched to a neutral behavior around mid-December.
Interestingly, while the whales have been showing accumulation, the same hasn’t been true for the smaller investor groups. All cohorts carrying less than 1,000 BTC have displayed varying degrees of distribution during the last few weeks, with the 1 to 10 coins group in particular showing a near-perfect selling behavior.
“This divergence appears to be driven in part by exchange-related wallet reshuffling, and also by large holders buying the dip,” explained the analytics firm. It now remains to be seen how long the distribution from smaller Bitcoin entities will continue.
BTC Price Bitcoin has been falling since the week started as its price is now trading around $88,900.
The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView Featured image from Dall-E, chart from TradingView.com
2026-01-22 04:492mo ago
2026-01-21 23:002mo ago
Bitcoin falls, fear spreads: But Saylor buys $2B BTC like nothing happened
While most traders are watching their screens in fear as Bitcoin [BTC] slips below $90,000, Michael Saylor’s company, Strategy Inc., is doing the opposite.
New data from Arkham confirms that Saylor is following a new level of aggression.
Over the past week alone, Strategy Inc. vacuumed up a staggering $2.16 billion in BTC.
This purchase was made by the firm at an average price of $95,284, even as the daily charts turned red.
By ignoring the short-term market noise and doubling down with billions of dollars, Strategy Inc. is proving that its conviction isn’t tied to today’s price but to Bitcoin’s terminal value.
Arkham added,
“This is Saylor’s largest BTC buy in almost half a year.”
Strategy’s Bitcoin purchases since late 2025 Since mid-December 2025, Michael Saylor’s buying strategy has clearly changed. What began as cautious purchases has turned into large, billion-dollar moves.
In late 2025, Strategy’s Bitcoin buys were relatively small for a firm of its size, averaging around $100 million. But as 2026 began, the pace accelerated sharply.
Between the 11th and the 19th of January, Strategy and Saylor invested more than $3.3 billion into Bitcoin.
In December 2025, the firm made smaller, more controlled purchases, including a $0.98 billion buy on the 14th of December and a $0.11 billion addition on the 28th of December.
Once the new year started, the scale changed quickly.
By mid-January, Strategy executed a $1.25 billion purchase, followed days later by its most aggressive move so far, a $2.13 billion buy on the 19th of January.
Saylor ‘buys the dip’ What makes this buying spree unique is that Michael Saylor didn’t wait for a “bull run” to start. Instead, Strategy has consistently followed a “buy the dip” philosophy during periods of market uncertainty.
For instance, when Bitcoin dropped to $87,799 in late December and hovered around $90,000 through early January, Saylor viewed the lack of upward momentum as a discount window rather than a reason for caution.
Even as Bitcoin dipped to $89,199 at press time, a 2.14% drop in 24 hours, the conviction remained unshaken.
This relentless accumulation has pushed Strategy’s total holdings to a historic 709,715 BTC, while Saylor’s personal stash of 17,732 BTC further proves that he is all-in on this strategy, both as a chairman and an individual.
The results of this four-year bet are hard to ignore.
According to data shared by Saylor recently, Strategy has outperformed almost every major asset class.
While Nvidia leads the market with a 1,557% surge thanks to the AI boom, Strategy sits firmly in second place with gains of 1,173%.
To put that in perspective, the firm’s 60% annual return has outpaced even Bitcoin itself, which rose 674% in the same period.
Final Thoughts Large-scale accumulation during uncertainty often precedes major shifts, even when sentiment remains weak. The firm’s willingness to buy at higher averages signals comfort with volatility, not fear of it.
Seeker users get 90 days to claim SKR before unclaimed tokens return to Solana Mobile's airdrop pool after the April deadline.
Solana Mobile has finally launched the much-anticipated SKR, the native token of its Seeker smartphone ecosystem. The distribution went live on Tuesday at 9:00 pm ET.
It allows eligible Seeker users to claim and optionally stake their allocations through the Seed Vault Wallet’s Activity Tracking tab, with a small SOL balance required to complete the transaction.
SKR Arrives on Solana Users have a 90-day window to claim, after which unclaimed tokens will be returned to the airdrop pool following April 20. Developers who shipped qualifying applications to the Solana dApp Store during Seeker Season 1 are also eligible to claim allocations via the Publishing Portal.
The announcement read,
“Seeker and SKR are a bet that there’s another way for mobile: that the people who use the network should own the network. Today, over 100,000 of you can claim your stake in that future.”
SKR is issued as an SPL token on Solana and supports Seeker, Solana Mobile’s second-generation Web3 device platform, which is positioned as a successor to the earlier Saga phone.
Tokenomics The token has a fixed total supply of 10 billion. 30% have been allocated to airdrops for users and developers, 25% set aside for ecosystem growth and partnerships, and 10% reserved for liquidity and launch-related needs.
A further 10% is designated for a community treasury, while Solana Mobile and Solana Labs receive 15% and 10%, respectively. Solana Mobile determined which users would receive SKR based on verified activity recorded from their Seeker devices and apps.
You may also like: Crypto Funds Hit by $454M Weekly Exodus as Fed Rate-Cut Hopes Fade Pump.fun Leads as Solana App Revenue Hits $2.4B in 2025 CNBC Crowns XRP Hottest Crypto Trade of 2026 Over BTC and ETH: Here’s Why SKR is designed to support governance and staking within the ecosystem. It will enable holders to delegate tokens, earn rewards, and participate in decisions related to platform economics and initiatives. The token’s official website revealed that it employs a linear inflation model, starting at 10% in the first year and declining annually by 25% until stabilizing at a terminal rate of 2%, as Seeker Season 2 begins with expanded apps, rewards, and activity tracking.
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About the author
Chayanika has been working as a financial journalist for seven years. A graduate in Political Science and Journalism, her interest lies in regulatory implications with a focus on technological evolution in the crypto realm.
2026-01-22 04:492mo ago
2026-01-21 23:082mo ago
Uniswap deploys Continuous Clearing Auction token launch feature to Base
Uniswap rolled out its Continuous Clearing Auctions feature on Base, giving developers a new way to launch tokens on-chain with built-in price discovery and liquidity setup.
Summary
Uniswap’s CCA feature is now live on Base for permissionless token launches. The system discovers a market price before seeding liquidity on Uniswap v4. The rollout follows early CCA use in late 2025 and expands access to Base builders. Uniswap has introduced its CCA feature on Base, giving developers a new way to launch tokens on-chain with built-in price discovery and automatic liquidity.
Uniswap confirmed the rollout on Jan. 22, with the CCA framework now available to builders using Uniswap (UNI) v4 on the Base network.
What the CCA deployment on Base enables With CCA live, teams can run fully on-chain token auctions that sell tokens gradually rather than all at once. The process clears bids block by block, allowing prices to form naturally before trading begins.
After an auction finishes, liquidity is added automatically to a Uniswap v4 pool at the final cleared price. This removes the need for manual pool creation and helps avoid common launch problems tied to sharp price swings at listing.
Continuous Clearing Auctions have officially been deployed on @base, that means any Based builder can:
→ Run fully onchain token auctions
→ Discover a credible market price
→ Bootstrap liquidity on Uniswap v4 pic.twitter.com/OKkwI26Sm8
— Uniswap Labs 🦄 (@Uniswap) January 21, 2026 The feature is open to all Base developers and does not require approvals or special access. Any team building on the network can use CCA as part of their launch process.
The auction model is meant to create a fairer starting point for new tokens. Instead of fixed-price sales or single-moment launches, distribution happens over time, reducing the impact of sniping, front-running, and bundled transactions.
Teams can also adjust auction settings to fit their needs while keeping the entire process on-chain and transparent.
CCA was rolled out in late 2025 and has already been used by projects such as Aztec Network for early price discovery and liquidity setup.
Why the Base rollout matters Uniswap is making structured token launches accessible on one of the busiest Ethereum (ETH) layer-2 networks by expanding the feature to Base. Developers can now handle auctions, pricing, and liquidity through a single workflow on Uniswap v4.
The update adds to Base’s growing decentralized finance toolkit, especially for teams moving away from private sales or unstable fair-launch models.
Uniswap has been expanding its v4 tools across several chains in recent months. Along with integrating with partners like Revolut for fiat access and Ledger for safe swaps via its trading API, the protocol has also gone live on networks like Monad and X Layer.
2026-01-22 04:492mo ago
2026-01-21 23:182mo ago
XRP Price Recovery Meets Strong Resistance, Upside Under Threat
XRP price started a recovery wave above $1.950 but failed near $2.00. The price is now showing a few bearish signs and might decline below $1.920.
XRP price started a recovery wave above the $1.950 zone. The price is now trading below $2.00 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it settles below $1.920. XRP Price Faces Key Hurdle XRP price remained supported above $1.8650 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.90 and $1.920 to enter a short-term positive zone.
There was also a move above the 50% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low. The price even spiked above $1.980 before the bears appeared. The bulls failed to clear the $2.00 resistance. There is also a bearish trend line forming with resistance at $2.00 on the hourly chart of the XRP/USD pair.
The price is now trading below $2.00 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.990 level or the 76.4% Fib retracement level of the downward move from the $2.028 swing high to the $1.868 low.
Source: XRPUSD on TradingView.com The first major resistance is near the $2.00 level. A close above $2.00 could send the price to $2.0650. The next hurdle sits at $2.10. A clear move above the $2.10 resistance might send the price toward the $2.150 resistance. Any more gains might send the price toward the $2.20 resistance. The next major hurdle for the bulls might be near $2.250.
Another Drop? If XRP fails to clear the $2.00 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.920 level. The next major support is near the $1.90 level.
If there is a downside break and a close below the $1.90 level, the price might continue to decline toward $1.8650. The next major support sits near the $1.820 zone, below which the price could continue lower toward $1.750.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $1.920 and $1.90.
Major Resistance Levels – $2.00 and $2.065.
2026-01-22 04:492mo ago
2026-01-21 23:212mo ago
Bitcoin Must Reclaim $91K Weekly Close to Preserve Multi-Year Uptrend, Analyst Suggests
TLDR: Bitcoin trades at $90K midpoint of a multi-year rising channel, requiring a $91K weekly close for continuation. The $91K level has served as a trend anchor previously, lost and reclaimed as recently as last month. Price action within the rising channel maintains a bullish structure despite short-term volatility pressures. A sustained break below channel boundaries would signal trend damage and a potential reversal of the uptrend. Bitcoin trades near $90,000, positioned at the midpoint of its multi-year rising channel as market participants watch the critical $91,000 threshold.
The leading cryptocurrency faces a pivotal moment where weekly closes above this level could determine trend continuation amid persistent volatility.
Weekly Close Above $91,000 Remains Critical for Trend Continuation The $91,000 price point has emerged as a trend anchor for Bitcoin’s long-term trajectory. Market observers note this level has been lost and reclaimed multiple times, most recently during December.
Price action within the established rising channel suggests the higher-timeframe structure maintains bullish characteristics despite short-term fluctuations.
According to the analysis shared by Milk Road, the current positioning is less about identifying exact tops or bottoms.
Bitcoin is sitting around $90k, right in the middle of its multi-year rising channel.
For the uptrend to stay intact, $BTC needs to close the week back above $91k. That level has acted as the trend anchor before, it’s been lost and reclaimed as recently as last month.
As long… pic.twitter.com/uNdgnXYWCS
— Milk Road (@MilkRoad) January 21, 2026
Instead, the focus centers on whether Bitcoin can preserve its long-term upward momentum. The rising channel has provided reliable support and resistance zones throughout the current market cycle.
A sustained break below the channel would indicate structural damage to the prevailing trend. Conversely, weekly closes above $91,000 would reinforce the path of least resistance toward higher prices.
Technical analysts emphasize that maintaining a position within the channel boundaries remains essential for trend validation.
Whale Accumulation Persists Through Retail Capitulation Phase Large Bitcoin holders have displayed consistent accumulation patterns since January despite market corrections.
This buying pressure has continued even as retail investors have reduced their positions and exited the market. The divergence between whale behavior and retail sentiment has become increasingly pronounced during recent months.
Whale holdings have expanded every month, without decline, even during periods of heightened geopolitical uncertainty.
Source: CryptoQuant
This pattern suggests the current market phase represents structural accumulation rather than distribution. Data indicates large holders have maintained conviction even as external risk factors intensified.
The contrast between whale accumulation and retail exits points to a classic market dynamic where experienced participants buy during periods of uncertainty.
While shorter-term volatility has triggered selling from smaller holders, institutional and high-net-worth investors have continued building positions.
This accumulation trend has remained intact regardless of temporary price weakness or macroeconomic headwinds.
Market structure reveals whale conviction has withstood recent turbulence without wavering. The ongoing accumulation by large holders provides support even as trading ranges compress and volatility persists.
This behavior typically precedes longer-term trend development as supply consolidates into stronger hands before subsequent price expansion phases unfold.
2026-01-22 04:492mo ago
2026-01-21 23:302mo ago
XRP Legal Status Reaffirmed as SEC Remains Blocked From Core Security Claim
XRP's legal standing under U.S. securities law is considered settled after the Ripple ruling, but renewed scrutiny of dropped crypto enforcement cases is reviving debate over whether regulators can revisit issues already decided by the courts. XRP Non-Security Classification Reasserted, Reducing Long-Term Regulatory Risk XRP's legal status under U.S.
2026-01-22 03:492mo ago
2026-01-21 21:302mo ago
Is This Dividend King Stock a Buy After a Major Development?
After a strong performance in 2025, Johnson & Johnson is starting the new year right.
Although broader equities performed well in 2025, volatility was significant, especially at the start of the year, partly due to the Trump administration's trade policies. The president imposed steep tariffs across the board, which many feared would harm corporations' financial results. The tariff situation is still evolving, and many companies are looking to find ways to overcome this potential threat. That brings us to Johnson & Johnson (JNJ 0.09%), a pharmaceutical leader that recently made headlines along those lines. Let's look into what these recent developments mean for Johnson & Johnson and whether the stock is worth investing in.
Image source: Getty Images.
Getting around the threat of tariffs On Jan. 8, Johnson & Johnson announced that it had reached a deal with the Trump administration to sell drugs at reduced prices in the country. In exchange, the healthcare giant will be exempt from tariffs. True, it's not ideal that Johnson & Johnson has to cut the prices of some of its medicines, but this could lead to increased sales volume that will somewhat offset the reduced price.
Further, an exemption from tariffs could help the company avoid higher costs from high import duties. As of the end of the fiscal year 2024, Johnson & Johnson had 64 manufacturing facilities, 41 of which were outside the U.S. So, tariffs could have a meaningful impact on its financial results. Early last year, the company estimated $400 million in tariff-related costs for fiscal year 2025, though that was before significant movement and uncertainty.
That may not seem like much for a company that generates over $14 billion in net income (as of 2024), but the impact of tariffs would compound over several years and, eventually, meaningfully decrease its profits and margins. So, selling medicines at a lower cost in exchange for a tariff exemption is well worth it for the drugmaker. Johnson & Johnson is also investing in strengthening its U.S. manufacturing capacity.
It's worth pointing out that Johnson & Johnson isn't the first pharmaceutical leader to strike a similar deal with the Trump administration. Others, namely Pfizer and AstraZeneca, have made similar moves.
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Johnson & Johnson performed well last year despite the tariff situation and the loss of U.S. patent exclusivity for one of its growth drivers, Stelara, an immunosuppressant. In the third quarter, the company's revenue increased by a solid 6.8% year over year to $24 billion. Johnson & Johnson's adjusted earnings per share came in at $2.8, up 15.7% compared to the year-ago period. One reason for Johnson & Johnson's strong performance is its large, diversified product portfolio.
Stelara was a growth driver, but others have since picked up the slack. The company can still count on medicines such as cancer drugs Darzalex and Erleada, and immunosuppressant Tremfya, among others. What's more, Johnson & Johnson is even more diversified thanks to its medtech segment. Now, some will point to risks the company faces, including Medicare drug price negotiations that will affect sales for some of its products.
However, Johnson & Johnson's innovative capabilities, which enable it to overcome patent cliffs, can help mitigate this risk as well. The company has a vast product pipeline with dozens of candidates and routinely earns new approvals and label expansions. Some of the company's new approvals include Imaavy, a medicine for generalized myasthenia gravis (an autoimmune disease that causes muscle weakness); and Akeega for prostate cancer.
Johnson & Johnson should be fine despite the Medicare drug price negotiation. There are also the many lawsuits the company faces, but that too shouldn't be too much of a problem given its rock-solid balance sheet, as evidenced by its AAA credit rating. Johnson & Johnson has important long-term tailwinds, too. The world's aging population is one of them. Seniors need more medical care, including pharmaceutical drugs. Within its medtech division, Johnson & Johnson is developing the Ottava system, which will enable it to enter the underpenetrated robotic surgery market.
Lastly, Johnson & Johnson is an exceptional income stock. The company is a Dividend King, or a corporation with at least 50 consecutive years of payout increases under its belt. For all those reasons, Johnson & Johnson is a strong buy-and-hold option, especially for dividend seekers.
2026-01-22 03:492mo ago
2026-01-21 21:302mo ago
3 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
Artificial intelligence (AI) stocks still have a lot more room to run over the next decade.
Technology stocks have helped lead the market higher for much of the past decade, and with artificial intelligence (AI) still in its early innings, there is a good possibility this trend continues over the next decade.
Let's look at three AI stocks to buy and hold for the next 10 years.
Image source: Getty Images.
1. Nvidia: The king of AI infrastructure Nvidia (NVDA +2.98%) has been at the forefront of the AI boom, and it has the moat in place to continue to be the AI infrastructure leader over the next decade.
This moat starts with its CUDA software platform, where most foundational AI tools and libraries have been written and optimized for its graphics processing units (GPUs). It then moves into networking, where its proprietary NVLink interconnect system shares pooled memory and speeds up communication between its chips, allowing them to act like one powerful unit. At the same time, its central processing units (CPUs), data processing units (DPUs), and other networking components let it deliver turnkey AI supercomputers.
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Both companies and countries are in an AI gold rush, and Nvidia is the primary pick-and-shovel provider. Data center infrastructure spending is expected to remain robust for a very long time, which sets up Nvidia to continue to be a long-term AI winner. Meanwhile, with the stock trading at a forward price-to-earnings (P/E) ratio of approximately 24.5 times analyst estimates and a price/earnings-to-growth (PEG) ratio of less than 0.7 times (with PEGs below 1 generally considered undervalued), it is attractively priced.
2. Alphabet: A vertical integration advantage With the most complete AI stack of any company, Alphabet (GOOGL +2.01%) (GOOG +1.97%) is primed to be a long-term AI winner. The company has developed its own world-class custom AI chips called Tensor Processing Units (TPUs), which it has used to train its top-tier AI model Gemini. It has then infused Gemini throughout its products, including Google Search, to help drive growth. On top of that, it is now starting to let customers use its TPUs with Google Cloud to help them power their own AI workloads.
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Alphabet hasn't stopped there, though. The company also owns top-notch AI software, like Vertex AI, and has its own large-scale fiber network. It's also in the process of buying leading data center cybersecurity company Wiz and data center energy company Intersect.
With energy being one of the biggest AI infrastructure bottlenecks, the Intersect deal should help the company be able to more quickly build out new data centers. This vertical integration sets Alphabet apart in the AI space, and trading at a forward P/E of 25 times, it is also reasonably priced.
3. Taiwan Semiconductor Manufacturing: A near monopoly The AI boom isn't possible without Taiwan Semiconductor Manufacturing (TSM 0.21%), as the company has become a virtual monopoly in the manufacturing of advanced chips, like GPUs and TPUs. It has proven to be the only company capable of manufacturing these chips at scale with minimal defects, making it an integral partner to chip designers.
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The company recently announced that it would ramp up its capital expenditures (capex) to build additional fabs (chip manufacturing facilities), as customers continue to clamor for more capacity. TSMC's position has also given it strong pricing power, and reports say that the company has already told customers it plans to increase prices over the next four years. Increased prices and strong utilization are also leading to robust gross margins for the company.
TSMC is set to be one of the biggest beneficiaries of the AI data center buildout moving forward: It's increasing capacity, raising prices, and advancing its technological expertise briskly. Meanwhile, the stock is also attractively valued, trading at a forward P/E of 24 times and a PEG of 0.7. That makes it a top stock to buy and hold for the next decade.
The chip designer is set to be a prime beneficiary of the artificial intelligence (AI) boom.
Shares of Advanced Micro Devices (AMD +7.69%) climbed on Wednesday after Wall Street analysts issued favorable commentary on the chipmaker's prospects.
By the close of trading, AMD's stock price was up more than 7%.
Image source: Getty Images.
Getting more bullish KeyBanc analyst John Vinh expects AMD's sales and profits to surpass consensus estimates when it reports its fourth-quarter financial results on Feb. 3.
Vinh highlighted the robust demand for AMD's Turin data center central processing units (CPUs). Vinh believes sales are so strong that AMD is already almost sold out of server CPUs for 2026. AMD, in turn, could elect to raise prices by as much as 15% as cloud computing giants rush to secure their chip supplies.
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However, Vinh says some investors still question whether AMD can compete effectively with larger rival Nvidia in the advanced graphics processing unit (GPU) arena. Vinh says comments from management on AMD's upcoming conference call regarding customer wins and production schedules could help to assuage these concerns.
AI-driven gains Bernstein analyst Stacy Rasgon is also growing more optimistic about AMD's server-related business and upcoming Q4 report. Rasgon thinks sales of AMD's high-performance Epyc processors could surge by 30% in 2026.
Notably, Rasgon expects AMD's artificial intelligence (AI)-related sales to benefit from its partnership with OpenAI beginning in the second half of the year.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy.
2026-01-22 03:492mo ago
2026-01-21 21:532mo ago
You Need To Watch Microsoft and Amazon Before Investing in PBW ETF
Investors in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) have watched shares climb 74% over the past year, rising from around $20 to $35. This recovery reflects renewed optimism about renewable energy economics, though the fund still trades well below its 2021 peak after a brutal 70% drawdown driven by rising rates and profitability concerns.
The AI Data Center Boom Changes the Equation Clean energy’s investment case traditionally hinged on policy support and cost competitiveness with fossil fuels. That changed in 2025 when artificial intelligence infrastructure created urgent new demand for reliable, on-site power generation. The shift became visible when companies like Bloom Energy (NYSE:BE) secured data center contracts that validated fuel cells as immediate power solutions, driving investor enthusiasm for on-site generation technologies. This wasn’t about tax credits or renewable mandates. It was about tech companies needing power immediately, in massive quantities, without waiting for grid upgrades.
The macro factor to watch is whether AI buildout sustains this demand trajectory. Data center energy consumption is projected to double by 2028, and renewable providers are positioned as the fastest path to new capacity. But if AI investment slows or if utilities accelerate natural gas plant construction, the urgency fades. Track announcements from hyperscalers like Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and Amazon (NASDAQ:AMZN) about their energy procurement plans. These appear in quarterly earnings calls and sustainability reports. A shift from renewable commitments to pragmatic fossil fuel contracts would undermine PBW’s recent momentum.
Lithium Exposure Creates Portfolio Concentration Risk Lithium exposure illustrates PBW’s commodity risk. The fund’s positions in companies like Albemarle (NYSE:ALB) looked prescient when lithium commanded $80,000 per ton, but the subsequent price collapse below $12,000 turned these holdings into portfolio anchors. This pattern repeats across the portfolio – the fund’s top holding, Navitas Semiconductor (NASDAQ:NVTS), saw revenue fall by more than half despite its positioning in AI infrastructure power semiconductors, revealing a disconnect between thematic appeal and actual business performance.
The micro factor is holdings-level execution risk. Check the ETF’s monthly fact sheet on Invesco’s website to monitor whether lithium and semiconductor positions are expanding or contracting. If the fund rebalances toward companies with actual revenue growth rather than thematic exposure, that signals healthier fundamentals. Conversely, continued concentration in unprofitable battery material plays suggests speculative positioning vulnerable to commodity price swings.
The next 12 months hinge on whether AI energy demand proves durable and whether PBW’s lithium-heavy portfolio can deliver earnings growth, not just thematic appeal.
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2026-01-22 03:492mo ago
2026-01-21 21:552mo ago
Northern Star Resources Limited (NESRF) Q2 2026 Earnings Call Transcript
Northern Star Resources Limited (NESRF) Q2 2026 Earnings Call January 21, 2026 5:00 PM EST
Company Participants
Stuart Tonkin - CEO, MD & Director
Simon Jessop - Chief Operating Officer
Ryan Gurner - Chief Financial Officer
Conference Call Participants
Levi Spry - UBS Investment Bank, Research Division
Ben Lyons - Jarden Limited, Research Division
Hugo Nicolaci - Goldman Sachs Group, Inc., Research Division
Matthew Frydman - MST Financial Services Pty Limited, Research Division
Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division
Milan Tomic - JPMorgan Chase & Co, Research Division
Adam Baker - Macquarie Research
Mitch Ryan - Jefferies LLC, Research Division
Presentation
Operator
Thank you for standing by, and welcome to the Northern Star December 2025 Quarterly Results Call. [Operator Instructions]. I would now like to hand the conference over to Mr. Stuart Tonkin, Managing Director and CEO. Please go ahead.
Stuart Tonkin
CEO, MD & Director
Good morning, and thank you for joining us today. With me on the call is the Chief Financial Officer, Ryan Gurner; and Chief Operating Officer, Simon Jessop. As previously announced in the December quarter, gold sold totaled 348,000 ounces at an all-in sustaining cost of AUD 2,937 per ounce.
A number of one-off operational events across our assets resulted in this softer performance and required us to revise FY '26 production and cost guidance. With these events behind us, our team remains firmly focused on driving productivity improvements and strengthening cost discipline to deliver a stronger second half for our shareholders. Our FY '26 outlook provides revised guidance of 1.6 million to 1.7 million ounces of gold sold at an all-in sustaining cost of $2,600 to $2,800 an ounce.
Today, we also provide further detail for production and AISC guidance by production center. In addition, we have updated our capital expenditure forecast across the portfolio. Operational growth capital guidance remains unchanged at $1.14
2026-01-22 03:492mo ago
2026-01-21 21:562mo ago
United Airlines Distinguishes Between Loyalty, Rewards Programs
United Airlines grew its loyalty revenue by promoting loyalty rather than rewards, an executive said Wednesday (Jan. 21) during the company’s fourth quarter earnings call.
The airline’s loyalty revenue saw year-over-year increases of 10% for the fourth quarter and 9% for the full year of 2025, according to a Wednesday earnings release.
Andrew Nocella, executive vice president and chief commercial officer at United Airlines, said during the call that the company aims to continue the momentum of its MileagePlus loyalty program and enhance its growth potential in the coming years by “drawing a larger distinction between true loyalty programs and reward programs offered by others.”
Asked by an analyst about that distinction and about how MileagePlus is differentiated from other programs, Nocella said the main metric is churn of members.
The MileagePlus programs have very little churn, as members join the program and get the credit card and stay with them for a very long time, Nocella said.
“Therefore, we don’t need to do extraordinary things to attract people to United; we’ve already done it with a great product, a great network and rewards that they really want, which is travel,” Nocella said. “People really want a first-class seat or a Polaris seat to Tahiti as a reward.”
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United Polaris is the airline’s premium business class experience, according to the company’s website.
“All of the other programs out there tend to use constant bonus points and other benefits and have a lot of revolve around customers going in and out, switching credit cards, so on and so forth, often to game the systems,” Nocella said. “I just think an airline program, and particularly the United program, is different.”
United’s MileagePlus loyalty program has over 130 million members, according to a company profile on its investor relations site. The program features miles that never expire, and no blackout dates for award seats, per the site.
Recent developments in the program include an integration with Lyft that will provide new ways for travelers to earn and use their rewards, the addition of a new debit card product, and a partnership with JetBlue that merges aspects of each other’s loyalty programs.
Nocella said during the call, when describing the distinction between loyalty and rewards, “We should harness the power of that to figure out how we can make it even stickier and grow it faster, which is what we’ll talk about in the next 10 or 12 weeks.”