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2025-10-02 19:28 2mo ago
2025-10-02 14:05 2mo ago
Bitwise CEO: Solana Could Outperform Ethereum in Staking ETFs cryptonews
ETH SOL
20h05 ▪
4
min read ▪ by
Ifeoluwa O.

Summarize this article with:

Although Ethereum has a larger market capitalisation than Solana, Bitwise CEO Hunter Horsley suggested that Solana could hold an edge in the staking exchange-traded fund (ETF) sector. He noted that Solana’s network design may be especially attractive to investors looking for staking opportunities, particularly through ETFs.

In brief

Solana’s network design allows for faster unstaking, making it more attractive to ETF issuers and investors seeking liquidity.
Ethereum’s staking withdrawals face long queues, which can make it harder for ETFs and investors to access staked funds quickly.

Staking Withdrawals: Ethereum Delays and Solana’s Advantage
Staking is the process of committing cryptocurrency to help run a blockchain network. In return, investors earn rewards in the same token. However, retrieving staked assets isn’t always instant, and the wait can fluctuate depending on how busy the network is.

In this context, Horsley emphasised that Solana’s faster unstaking process could offer a practical advantage for ETF issuers. While Ethereum’s withdrawal queue has recently reached record levels, Solana’s typically clears more quickly. This speed allows ETFs to return funds to investors without long delays, an important consideration for liquidity management.

Ethereum, for its part, has seen growing delays linked to staking activity. In early September, the entry queue rose to 860,369 ETH, the highest level since 2023. At present, it stands at 195,209 ETH, with an estimated wait of about three days and nine hours.

On the exit side, the queue has reached 2,004,829 ETH, resulting in a withdrawal wait time of roughly 34 days and 19 hours. Overall, the network counts about 1.04 million active validators, with 35.6 million ETH staked, equal to 29.39% of the total supply.

While Ethereum has ways to address these delays, they come with trade-offs. Horsley highlighted Bitwise’s Ethereum staking ETP in Europe, which uses a credit facility to provide liquidity for redemptions, though this method adds costs and has limited capacity. Another option is liquid staking tokens, such as Lido’s stETH, which let investors keep their funds accessible while still earning staking rewards.

Regulatory Momentum for Solana ETFs
According to ETF analyst Nate Geraci, the U.S. Securities and Exchange Commission (SEC) could approve multiple Solana staking ETF applications as soon as mid-October, following updated filings from several firms. Fidelity, Bitwise, Franklin Templeton, VanEck, Canary Capital, Grayscale, and CoinShares have all revised their S-1 filings to include staking features for planned Solana funds.

Amid regulatory momentum, the first U.S. Solana staking exchange-traded fund (ETF), the REX-Osprey Solana Staking ETF, launched in July. On its debut day, the fund drew $12 million in inflows and $33 million in trading volume, signalling strong demand for staking-focused crypto products. These early results suggest Solana staking ETFs may continue to capture significant attention as the market develops.

Meanwhile, in August, the SEC delayed approval decisions for Grayscale Ether staking ETFs until the end of October. The agency also set October 30 as the new date for staking approval on BlackRock’s iShares Ethereum Trust. These postponements could give Solana staking ETFs a potential first-mover advantage in the U.S. market.

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Ifeoluwa O.

Ifeoluwa specializes in Web3 writing and marketing, with over 5 years of experience creating insightful and strategic content. Beyond this, he trades crypto and is skilled at conducting technical, fundamental, and on-chain analyses.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-10-02 19:28 2mo ago
2025-10-02 14:06 2mo ago
Filecoin Rises More Than 4% Amid Wider Crypto Market Rally cryptonews
FIL
Oct 2, 2025, 6:06 p.m.

FIL$2.3901 performed strongly over the last 24 hours with a 4% gain, according to CoinDesk Research's technical analysis model.

The model showed that the token advanced from a low of $2.25 to a high of $2.38.

STORY CONTINUES BELOW

Sustained buying pressure persisted despite mid-session volatility around $2.31 support, according to the model.

The recovery pattern reinforced the broader bullish trajectory established throughout the 24-hour period.

On the news front, IoTeX has launched the Real World AI Foundry, a global alliance to create shared standards for AI trained on live data, which Filecoin has joined as an alignment partner, according to a post on X.

The wider crypto market also rose, with the broad market gauge, the CoinDesk 20, up 3%.

Technical Analysis:

FIL posts strong bullish momentum during the 24-hour period advancing from $2.25 to $2.38.The token established clear support around the $2.31 level with high-volume confirmation during early morning hours.Resistance emerged near $2.36 with multiple rejections earlier in the day.Recent price action shows a compelling recovery pattern, as the token broke through resistance at the $2.36 level.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report

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XLM Rallies 4% as Stellar Breaks Critical $0.40 Resistance Barrier

2 hours ago

XLM rallied past $0.40 with a brief move above $0.41, boosted by Bitcoin.com Wallet integration and institutional demand, as volumes soared to more than twice the daily average.

What to know:

Strong Rally: XLM climbed 4% in 24 hours, establishing support at $0.40 and resistance at $0.41.Catalyst: Bitcoin.com Wallet added Stellar, expanding access to millions of global users.Market Activity: Trading volumes surged well above average, signaling growing institutional and retail interest.Read full story
2025-10-02 19:28 2mo ago
2025-10-02 14:07 2mo ago
Cronos integrates Morpho to boost DeFi lending and tokenization cryptonews
CRO MORPHO
Cronos will collaborate with Crypto.com and onchain lending platform Morpho to expand decentralized finance and asset tokenization on the Cronos blockchain.

Summary

Cronos, Morpho and Crypto.com plan to collaborate on an initiative aimed at bolstering DeFi on the Cronos chain.
The partnership will also explore tokenization.
Native Cronos token CRO rose amid the news, initially spiking by more than 13% to above $0.22.

Cronos Labs announced the partnership on Oct. 2, noting in a press release that Crypto.com and Morpho will help boost its blockchain ecosystem as a platform for capital-efficient lending and borrowing. The integration will go beyond expanding the decentralized finance lending. The platforms target tokenization.

Why else is the Cronos and Morpho partnership key?
The initiative also aims at scaling Cronos (CRO) as a platform for DeFi for millions of users around the world, with Morpho (MORPHO) expanding its onchain lending infrastructure beyond Ethereum.

As part of the integration, Morpho will expand its vaults into Crypto.com’s product offering.

The platforms also plan to add stablecoin lending markets,  which will be backed by various wrapped assets that include Crypto.com wrapped Bitcoin and Crypto.com wrapped Ethereum. CDCBTC and CDCETH are tokenized Bitcoin and Ethereum that allow holders to participate in DeFi across other blockchain networks.

Support for Morpho Vaults on Crypto.com
The integration will also see Crypto.com integrate Morpho into its app and exchange platforms, bringing Morpho’s lending markets to more users within the CRO ecosystem.

“Collaborating with Morpho is an exciting milestone for our community,” said Mirko Zhao, head of Cronos Labs. “By working together to enable borrowing and lending with wrapped assets, we’re unlocking immediate utility for users while also laying the groundwork for tokenization and institutional-grade use cases that are central to our long-term roadmap.”

Crypto.com also plans to explore the integration of wrapped real-world assets as collateral within Morpho’s vaults. 

According to Ketat Sarakune, head of yield and asset growth at Crypto.com, launching Morpho vaults on Crypto.com will bring advanced DeFi lending opportunities to millions of users globally. The markets will tap into features such as network speed, scalability and low costs.

CRO was one of the top gaining tokens amid the news as price surged more than 13% from lows of $0.20 to above $0.22. The token traded around $0.21 at the time of writing.
2025-10-02 19:28 2mo ago
2025-10-02 14:21 2mo ago
LunarCrush Data: XRP Conversation Surges on Ondo OUSG Launch – Sustainable or Spike? cryptonews
ONDO OUSG XRP
LunarCrush metrics covering XRP have reported sharp mention growth, a Galaxy Score of 68, improved AltRank, and higher social dominance as Ripple collaborates with Ondo Finance to add OUSG tokenized Treasuries to the XRP Ledger using RLUSD for settlement.
2025-10-02 19:28 2mo ago
2025-10-02 14:21 2mo ago
Analyst: Bitcoin's Healthy Volatility Band Points to Realistic $130K Target cryptonews
BTC
Bitcoin surged past $119K, liquidating $475M in shorts, with analysts saying $130K is realistic if the momentum holds.

The price of Bitcoin (BTC) rose to a seven-week peak of $119,400 on October 2, as a wider crypto market revival added approximately $165 billion to the sector’s total value in a single day.

This upward movement, which saw BTC break through key resistance levels, lines up with a technical analysis framework that places $130,000 as a realistic short-term target for the asset should current dynamics hold.

Analyst Eyes Technical Setup as October Rally Strengthens
After a period of consolidation below $110,000 in late September, Bitcoin began a steady climb, first reclaiming the $112,500 level and then pushing past a critical resistance zone near $116,500 on October 1.

This breakout went up a notch during early Asian trading on October 2, taking BTC to its highest point since mid-August. The move caused about $475 million in short positions to be sold off, showing just how quickly market sentiment can change.

Analysts are now looking at this price movement in light of a positive technical picture. According to market watcher Axel Adler Jr., Bitcoin’s current dynamics place it comfortably within the “STH-MVRV pricing corridor,” a metric that tracks the average profitability of short-term holders.

In the past, the upper limit of this band, which is currently around $130,000, has acted as a zone where traders tend to take their profits more often. In Adler’s opinion, given how the BTC price has held firmly above its average realized level since the start of 2024, there’s every likelihood for sustained underlying demand, which would support the case for additional gains.

“Bitcoin is currently in a state of equilibrium within the established volatility corridor,” the analyst wrote. “Short-term drops below the baseline are quickly bought up, and the market structure remains healthy. If current dynamics persist, a move toward $130K appears realistic.”

Market Context and Historical Tailwinds
The BTC rally has come against a backdrop of renewed risk appetite across financial markets and follows mixed U.S. labor data that has investors anticipating another potential interest rate cut.

You may also like:

Over 127,000 Traders Wrecked as Bitcoin Taps $120K for the First Time Since August ATH

Bitcoin Blasts Higher as US Shutdown, Dollar Weakness, and Treasury Tax Break Create ‘Perfect’ Storm

Bitcoin Poised for Huge Gains as Gold Correlation Suggests Late November Surge

Data from CoinGecko shows that in the last 24 hours, the cryptocurrency gained 3.7% while trading between $114,442 and $119,400. Over seven days, it went up 6.2%, even though it is slightly trailing the broader crypto market, which jumped nearly 9% in the same period.

Furthermore, BTC has added 7.7% to its value in the past month to keep it within striking distance of its all-time high above $124,000 set about two months ago.

The final quarter of the year has in the past been a good period for Bitcoin, and October, in particular, has a strong track record, with data showing that the asset has closed this month in positive territory in 10 of the last 12 years. The community is closely watching to see if this seasonal trend continues, and if it can give BTC enough impetus to hit Adler’s target.

Tags:
2025-10-02 19:28 2mo ago
2025-10-02 14:22 2mo ago
Celsius (CEL): A User-Centric And Community-Driven Platform And Token cryptonews
CEL
Celsius (CEL) is the native cryptocurrency of the Celsius Network, a decentralized lending and borrowing platform built on the Ethereum blockchain.

Celsius Network aims to provide financial services to cryptocurrency holders, allowing them to earn interest on their holdings, take out loans using their crypto as collateral, and access various other financial products.

It offers a user-friendly mobile app where users can manage their deposits, loans, and access other financial services.

Celsius (CEL) token

CEL primarily functions as a utility token within the Celsius Network ecosystem. Celsius users can earn higher interest rates on their crypto deposits and receive better loan terms by holding and using CEL tokens.

Users can deposit their cryptocurrencies into interest-earning accounts and earn interest on their deposits, and the interest rates may vary based on the amount of CEL they hold. Moreover, CEL holders have the opportunity to participate in community governance and decision-making through voting on proposals.

Celsius Network has a tiered loyalty program where users can unlock higher interest rates and benefits based on the amount of CEL tokens they hold and the level of their engagement with the platform.

Another feature allows users to take out loans using their cryptocurrency holdings as collateral. The availability and terms of loans can be influenced by holding and using CEL tokens.

Disclaimer. This article is for informational purposes only and should not be viewed as an endorsement by Coinidol.com. The data provided is collected by the author and is not sponsored by any company or token developer. They are not a recommendation to buy or sell cryptocurrency. Readers should do their research before investing in funds.
2025-10-02 19:28 2mo ago
2025-10-02 14:26 2mo ago
Melania Trump Meme Coin Jumps After First Lady Promotes It, Still Down 99% From Peak cryptonews
$TRUMP MELANIA
In brief
First Lady Melania Trump shared a post from her official meme coin page, boosting the price of her official Solana meme coin.
The token is now trading above $0.18—still nearly 99% off its all-time high of $13.05.
Controversy has surrounded the MELANIA token, which was launched by the same strategist who worked on the controversial LIBRA token promoted by Argentine President Javier Milei.
The official Solana meme coin of Melania Trump (MELANIA) is up nearly 7% in the last 24 hours after the First Lady promoted an apparently AI-generated video of herself posted by the token’s official X account. 

MELANIA is now trading at $0.182, up more than 12% on the week, but still down roughly 99% from its January all-time high of $13.05. It briefly popped to a daily high of $0.191 following the first lady’s retweet.

“Into the future,” the first lady’s social media post read, tagging the meme token profile and resharing the video—which showcases her likeness appearing out of thin air—to her 3.8 million followers. 

The meme coin project’s social media post was its first since June, when it alerted its followers that tokens may be on the move to new wallets as a result of a liquidity providing agreement with crypto market maker Wintermute. 

The movement of MELANIA tokens connected to the project and team has been controversial in the past. In April, blockchain analytics firm Bubblemaps reported that $30 million worth of MELANIA was taken from community funds and quietly sold on the market by the team. 

Prior to that, around $2 million worth of MELANIA tokens was reportedly siphoned off via the single-sided liquidity tactic popularized by Hayden Davis—the launch strategist for both MELANIA and the controversial Libra token promoted by Argentine President Javier Milei.

At least an additional $8 million has been pulled from the community pool and sold as well, according to Bubblemaps analysis. However, as of this writing, no member from the project has spoken out about the token sales despite Bubblemaps keeping the project’s feet against the fire.

“Woooo Melania Trump won't address the $10M of community tokens sold by team wallets,” the analytics firm posted on X. “Just post an AI video after 10 months of silence? Cool, cool, cool.”

The first lady’s meme coin famously launched just two days after President Donald Trump’s official TRUMP meme coin debuted in January. It briefly surged to a price of more than $13 before crashing to less than $2 as January drew to a close.

TRUMP has suffered a similar fate, peaking above $73 in January but now changing hands at $7.72—almost a 90% drop from the top.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-02 19:28 2mo ago
2025-10-02 14:29 2mo ago
Your COVID Stimulus Check Would Be Worth 1,700% More If You Bought Bitcoin cryptonews
BTC
It’s been over five years since the U.S. government issued its first $1,200 COVID-19 stimulus checks. For many Americans, the money was used for bills, groceries, or other necessities.

But if you invested those funds into Bitcoin and held on without selling, you’d now be sitting on a sum worth roughly $21,617 today — a staggering 1,701% gain.

This figure is based on the initial handout provided under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Had you invested your $1,200 on April 15, 2020, when Bitcoin was trading around $6,642, you would have acquired about 0.18 BTC. 

Today, with Bitcoin price surpassing $120,000, that same holding has grown exponentially and will probably keep going higher. 

The story gets even more interesting when factoring in subsequent stimulus payments. Some Americans received two additional checks — $600 in January 2021 and $1,400 in March 2021. 

If someone had invested all three payments for a total of $3,200 near the days they arrived, their Bitcoin holdings today could easily surpass $50,000, depending on timing and BTC’s price movements.

Regardless of where you bought, those who held through market volatility — including multiple price dips and spikes — have been handsomely rewarded.

Bitcoin to $150,000? The surge in Bitcoin’s value over the past five years was a combination of institutional adoption, growing mainstream acceptance, and macroeconomic conditions that pushed investor interest into crypto and Bitcoin. 

It’s now October and seasonal patterns suggest early-quarter strength may be particularly important for higher Bitcoin price action. Since 2015, October has delivered average gains of 21.8%, while November has added 10.8%, according to Bitcoin Magazine Pro data.

If similar patterns repeat this year, Bitcoin could clear past $150,000 before the end of the year. 

On top of that, Citigroup analysts reinforced a positive 12-month outlook for Bitcoin in a note to clients this week, setting a Bitcoin target of $181,000 while revising their year-end forecast to $132,000. 

The bank cited robust inflows — estimated at $7.5 billion through year-end — and growing demand from institutional investors.

“We are more positive on Bitcoin compared to Ether, as it captures an outsized portion of incremental flows into crypto markets,” the Citi analysts wrote. 

Micah Zimmerman

Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a junior news reporter for Bitcoin Magazine, based in North Carolina.
2025-10-02 19:28 2mo ago
2025-10-02 14:30 2mo ago
Dogecoin Leads ‘Uptober' Meme Coin Rally With Analyst Eyeing $1.56 Target – But This Jacked Up Pup Could Run Even Harder cryptonews
DOGE
October is already living up to its “Uptober” reputation, with the market flashing green on the first trading day of the month.Meme coins have bounced back to an $81 billion valuation, with Dogecoin (DOGE) leading the pack after a 9% overnight gain.
2025-10-02 19:28 2mo ago
2025-10-02 14:30 2mo ago
Solana DAT Sharps Technology Announces $100 Million Share Repurchase Program cryptonews
SOL
Sharps Technology Inc. announced Thursday that it has authorized a $100 million stock repurchase program, pointing to its commitment to enhancing shareholder value.
2025-10-02 19:28 2mo ago
2025-10-02 14:30 2mo ago
Bitcoin ETFs Soar With $676 Million Inflow as Ether ETFs Add $81 Million cryptonews
BTC ETH
Bitcoin exchange-traded funds (ETFs) roared with $676 million in inflows on Wednesday, marking their third straight day of gains, while ether ETFs added $81 million across four funds. Both asset classes are enjoying a strong revival of institutional demand.
2025-10-02 19:28 2mo ago
2025-10-02 14:32 2mo ago
Litecoin Price News: Can Altcoin Season Send LTC to $150? cryptonews
LTC
LTC/USD Daily Chart (Coinbase) – Source: TradingView

As a result, LTC climbed above the $110 level and broke its downtrend with strong volumes. This favors a bullish outlook that could lead to another push toward $130.

The Relative Strength Index (RSI) jumped above the 14-day moving average already, which is often interpreted as a buy signal, while it has also risen above the mid-line.

It appears that selling pressure has increased once LTC hit $120. The daily candle shows a big upper wick that could anticipate some bearish price action in the next few days unless buyers come along and push the price above this mark once and for all.

If we get a clean breakout above this level, the odds favor a much stronger push toward $150 at least in the near term.

Nonetheless, on-chain metrics favor a bullish outlook as the network’s hash rate continues to make new higher highs every week.

Altcoin Season Has Started – Here’s What That Means for LTC
Macroeconomic conditions are favorable for cryptos at the time, as the Federal Reserve could cut interest rates for a second time this month by another 25 basis points.

Lower rates prompt investors to look for yields in more exotic corners of the market – e.g. cryptocurrencies. Moreover, altcoin season has officially begun, meaning that tokens like Litecoin will be favored as BTC loses dominance against top tokens like Ethereum (ETH) and BNB Coin (BNB).

The latter two have already made new all-time highs. The last time that ETH got near $4,000, LTC climbed to nearly $135. This time, we are likely far from the top altcoin’s cycle peak. Hence, historical evidence suggests that we could see LTC rising to $150 if Ethereum keeps climbing.
2025-10-02 19:28 2mo ago
2025-10-02 14:33 2mo ago
Instant Tokenization of Stocks Introduced by Alpaca cryptonews
ALPACA
Instant tokenization of US stocks is now possible, according to an update from Alpaca.

Alpaca’s Instant Tokenization Network (ITN), a new infrastructure product has been in the works behind the scenes, the company noted.

Currently powering many of the global tokenization solutions, with ITN, their partners can now:

 Instantly mint and redeem tokenized shares in-kind, without settlement delays, 24/7
Reduce costs and increase speed, eliminating the need to sell and repurchase the asset for cash
Increase certainty of par conversion between shares and tokens, minimizing risk from automated strategies at scale

As stated in the update from Alpaca, the industry needed a solution that bridged traditional finance or TradFi and DeFi (decentralized finance), and their new infrastructure provides that solution.

Head of Crypto, Arush Sehgal, said this about the future of tokenization at Alpaca:

“Rather than traditional securities or pure crypto tokens, tokenized assets should be seen as something entirely new, requiring a whole new infrastructure stack to be built for them. In-kind creation and redemption is a significant step forward, but it’s only the first step. We’re building further tools to help developers bridge traditional and crypto rails compliantly with investor protections and market integrity at the core.”

As clarified in the update, Alpaca Securities and Alpaca Crypto do not conduct tokenization of assets.

Together they aim to provide technology and services that support third party partners who carry out the tokenization process.

Tokenization on the blockchain is the process of creating digital tokens on a distributed ledge tech or DLT network that represent ownership or rights to a tangible or intangible real-world asset, like real estate, fine art, or various types of financial instruments.

These tokens aim to provide increased liquidity, allow for fractional ownership by breaking down large assets into smaller, tradable units, and offer a more transparent, immutable record of ownership and transactions on the blockchain.
2025-10-02 19:28 2mo ago
2025-10-02 14:40 2mo ago
Cardano Price Prediction: End of 2025 Roadmap Revealed – Could ADA Be the Most Undervalued Altcoin Right Now? cryptonews
ADA
Cardano price prediction has reflected rising institutional access via Hashdex's index ETF and the Foundation's 2025 roadmap with liquidity and governance plans. ADA has held support, has tested mid-channel resistance near $0.90, and has eyed $1–$1.30 if strength has persisted.
2025-10-02 19:28 2mo ago
2025-10-02 14:48 2mo ago
$3,700,000,000 BTC Profit-Taking Shakes Crypto Market, What's Next? cryptonews
BTC
Thu, 2/10/2025 - 18:48

Bitcoin reached high of $119,863

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Bitcoin recently saw its fifth-largest profit-taking event of 2025. According to on-chain analytics platform CryptoQuant, after a strong rise in the Bitcoin price, profit-taking levels surpassed more than $3.7 billion yesterday, registering the fifth-largest volume this year.

Bitcoin saw a major surge on Wednesday while most other risk assets fell after U.S. lawmakers failed to reach a government funding agreement, leading to a shutdown.

The largest cryptocurrency saw significant volatility in Wednesday's trading session, reaching a high of $118,718 in a massive single daily candlestick, with the move catching shorts unawares. In the same vein, at one point on Wednesday, Bitcoin traded to lows of $113,975 as traders took profits.

HOT Stories

However, bulls quickly took charge, with the Bitcoin price extending its recovery further. The rebound extended into early Thursday with Bitcoin reaching a high of $119,863.

At press time, Bitcoin was sustaining its gains, up 1.96% in the last 24 hours to $119,588 and up 7.2% weekly.

Bitcoin is up more than 25% this year, rising as more Wall Street firms continue to embrace it and global investors begin to view the cryptocurrency as a reputable portfolio allocation and not just a quick trading vehicle.

What's next?According to CryptoQuant, the recent profit-taking event might not go without implications. This is because this high level of profit-taking may impact spot selling pressure; however, it does not yet reveal a significant predominance of short-term investors.

In this light, CryptoQuant speculates that the profit-taking volume might increase in the coming weeks.

The Bitcoin price faces its next resistance at $124,533, coinciding with the all-time high reached in mid-August.

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2025-10-02 19:28 2mo ago
2025-10-02 14:48 2mo ago
Solana Holds Key $200 Support Despite $31.6M Whale Dump cryptonews
SOL
Solana [SOL] has been one of the standout performers in 2025, drawing in billions of dollars in institutional capital even as whales continue to offload holdings at critical price levels. Despite a $31.6 million whale dump and persistent resistance near $210, Solana's strong $1.8 billion year-to-date inflows demonstrate that the network's momentum is far from dead.
2025-10-02 19:28 2mo ago
2025-10-02 14:55 2mo ago
Bitcoin Shows 835% Liquidation Imbalance Amid Epic Short Squeeze cryptonews
BTC
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Bitcoin’s derivatives market just delivered a rare setup as an hourly liquidation heatmap by CoinGlass showed massive skewing against short positions. Within a 60-minute window, $15.43 million in BTC positions were wiped out, of which $13.78 million came from shorts and just $1.65 million from longs. The numbers mark an 835.15% imbalance.

Bitcoin was dominating the session, but the largest single liquidation came through an ETH/USD position on Hyperliquid worth $11.62 million.

Across the past 24 hours, $364.32 million in liquidations were recorded on crypto markets. Shorts accounted for $266.99 million, while longs absorbed $97.33 million. Bitcoin remained the core driver, carrying over $114 million in liquidations of so-called bears. Funding rates normalized too, showing less appetite for aggressive shorting. 

HOT Stories

Source: CoinGlassAs always, the price is the driver, and BTC made it back quickly after the squeeze, stabilizing just below $120,000. With shorts heavily reduced, for many market participants, the biggest question right now is whether the market can sustain a run at the round-number level during the U.S. session.

ImplicationsWhat is for sure is that today’s imbalance leaves the market tilted in favor of bulls, at least in the short term, with forced liquidations affecting positioning across exchanges big time.

If BTC holds above $119,500, it may be suggested that the move could extend toward $120,500-$121,000. This would ensure the imbalance’s impact and be the logical outcome of today's concentrated liquidation waves' influence on intraday crypto market structure.
2025-10-02 19:28 2mo ago
2025-10-02 14:57 2mo ago
Moonbirds Token BIRB to Take Flight on Solana as NFT Comeback Continues cryptonews
SOL
In brief
Ethereum NFT project Moonbirds revealed plans to launch a Solana token, BIRB.
The IP has seen a resurgence of activity and interest after being acquired by Orange Cap Games earlier this year.
The original Moonbirds NFTs have surged in price in recent months, and again on Thursday.
Recently resurgent Ethereum NFT project Moonbirds has unveiled its next major step: the launch of BIRB, an ecosystem token set to debut on Solana.

The plans were announced at the Moonbirds Birbhalla side event alongside Token 2049 in Singapore, where O.G. supporters and new holders gathered. A teaser post on X suggests the token will launch "soon(ish)."

The pixelated owl collection has been through multiple hands of ownership since launching in 2022. Originally created by Kevin Rose’s Proof Collective in 2022, the collection soared at launch, generating $280 million worth of trading volume in just two days—but crashed due to community backlash as broader NFT hype collapsed.

Yuga Labs, the parent company of the Bored Ape Yacht Club, acquired Proof and the Moonbirds brand in February 2024, but left the IP largely dormant. Renewed optimism followed this May when Orange Cap Games—a gaming and IP development studio led by Spencer Gordon-Sand—acquired the collection.

The acquisition and new updates appear designed to inject new life into the project, especially by tying it into Solana’s popular meme coin ecosystem.

The move reflects a broader trend of so-called “culture coins,” or tokens issued by major NFT communities over the past several months to deepen engagement and unlock new utility. Some collections that peaked during the 2021-22 NFT bull run and were later dismissed have managed to revive interest through token launches. 

From PENGU tied to Pudgy Penguins, ANIME from Azuki, DOOD from Doodles, to MOG and MILADY tied to internet-native meme movements, culture coins have become a way for communities to both gamify participation and create liquid, tradable extensions of their brand identity. 

Market reaction to the Moonbirds announcement has so far been positive. Secondary market NFT sales spiked after news broke, pushing the collection’s floor price up to 4 ETH, and currently 3.45 ETH at the time of writing—about $15,450 worth.

The NFTs were trading for less than $1,000 worth of ETH earlier this year, before the Orange Cap acquisition. Moonbirds NFTs peaked at a floor price—that is, the cheapest listed asset on a marketplace—of almost $86,000 worth of ETH back in 2022 after the initial mint.

Traders appear to be betting that BIRB, if designed with clear utility, could cement Moonbirds’ relevance following the recent resurgence. In terms of long-term plans for the token, nothing has been announced, but Gordon-Sand cryptically wrote on X, “Timing is everything.”

In a previous interview with Decrypt, he said, “We have a lot of cool stuff we are working on, but we have [never] made specific commitments about it in public, and that's very much on purpose.”

Even so, don’t expect a surprise token drop—the official Moonbirds account on X noted that there will be “ample time given in the lead up to the launch with more details communicated ahead of time.”

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-02 19:28 2mo ago
2025-10-02 15:00 2mo ago
Zcash (ZEC) Explodes 170% In Just 5 Days — What's Driving The Rally? cryptonews
ZEC
Zcash (ZEC) has staged one of the sharpest recoveries of the quarter, vaulting roughly 160%–170% from late-September levels and briefly trading in the low-$150s on October 2 after spending much of 2024 and early 2025 suppressed in the $16–$20 corridor.

There is no single on-chain or protocol-level catalyst that neatly explains the surge. Instead, a confluence of factors has seemingly pulled ZEC into the center of crypto’s attention cycle. First, the privacy theme itself has re-entered the conversation at the ecosystem level.

Why Is The Zcash (ZEC) Price Surging?
On October 1, the Ethereum Foundation formalized new leadership for its Privacy Cluster—an organizational, standards-driven push to coordinate privacy-preserving research and infrastructure—signaling that major actors in crypto are again foregrounding user confidentiality and data minimization as core priorities. That announcement, while not Zcash-specific, helped set the tone for a broader market repricing of privacy as a necessary pillar of the next cycle.

Second, influential market voices amplified ZEC directly. Naval Ravikant, a co-founder of AngelList and a long-time crypto commentator, wrote: “Bitcoin is insurance against fiat. ZCash is insurance against Bitcoin.” The line—short, memetic, and easy to circulate—propelled visibility for ZEC across trading circles and crypto media. As is typical in momentum-driven markets, the endorsement coincided with outsized follow-through as price and attention reinforced each other.

Institutional brands also re-surfaced Zcash’s core design. Grayscale highlighted via X that “@Zcash is similar to Bitcoin in its design” but adds “a privacy technology that encrypts transaction information and allows users to shield their assets,” while noting that the Grayscale Zcash Trust was open for private placement to accredited investors.

From the builder side, Helius Labs CEO Mert Mumtaz distilled a multi-part thesis that resonated with technically minded traders: privacy has been “slept on” and is “about to make a comeback” amid CBDC and centralized-coin momentum; a “Renaissance of talent” is entering Zcash across the Zashi wallet, intents research, and performance workstreams; and several “large tech improvements” are in flight that could “1,000x performance and scale as well as help with security and finality.”

He framed ZEC as both under-researched and mispriced relative to peers, while cautioning that the trade is still risky. “Monero is a $5B coin and somehow Zcash was below $700M when I started talking about it,” he stated, adding, “This is an obvious mispricing, as Zcash has a stronger privacy and scale design but almost no one in crypto is technical enough to look into this. You don’t have to believe even that zec is superior (though it is), you just have to believe that it is extremely undervalued, just look at the coins above it on CMC.”

look some of you are in the replies asking why I’ve been shilling Zcash for a while

relatively simple

i) three important missions in crypto: markets, store of value, privacy/freedom

the last one has been slept on, and it’s about to make a comeback as CBDCs and centralized… pic.twitter.com/ne0TwnPCsq

— mert | helius.dev (@0xMert_) October 1, 2025

Well-followed traders added fuel. Luke Martin captured the positioning dynamics succinctly: “Some of the smartest people on this app are bullish on ZEC right now… [but] one of the dumbest things you could do on this app for the past 7 years was buy ZEC anytime someone shilled it. Certainly not lacking fuel for a hated rally if it does continue higher.”

The current move also echoes longer-running endorsements that many investors had forgotten. In August 2024, Tyler Winklevoss called Zcash “one of the most important and underrated crypto projects in the world,” arguing it “brings privacy and decentralization to money, two fundamental building blocks of a free and open society.” At the time of that post, ZEC traded near $30.

Zcash is one of the most important and underrated crypto projects in the world today. It brings privacy and decentralization to money, two fundamental building blocks of a free and open society. That’s why I’m supporting @ShieldedLabs and its contributions to Zcash. Onward! https://t.co/DwT3SSOUjX

— Tyler Winklevoss (@tyler) August 11, 2024

Mechanically, the rally exhibits the typical signatures of a narrative rotation. As privacy returned to headline status and ZEC became the cleanest liquid proxy for that theme, order books thinned and intraday ranges expanded.

At press time, ZEC traded at $142.84.

ZEC rally halts at the 0.382 Fib, 1-week chart | Source: ZECUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
2025-10-02 19:28 2mo ago
2025-10-02 15:00 2mo ago
What happens when $1.8M RLUSD enters the market – Is it an XRP rally? cryptonews
RLUSD XRP
Journalist

Posted: October 3, 2025

Key Takeaways
Why is RLUSD’s $1.8M minting important?
Ripple’s RLUSD stablecoin added $1.8 million in new supply, lifting its valuation to $789M and ranking as the 8th-largest stablecoin.

What does this mean for altcoins and XRP?
With the crypto market cap back at $4T and the Altcoin Season Index at 66, demand for altcoins is rising. XRP is being supported by strong accumulation, suggesting that momentum is building.

RLUSD, the stablecoin launched by Ripple Labs, the company behind XRP, has added $1.8 million in liquidity to its supply, bringing its total valuation to $789 million at press time.

The rise in stablecoin capitalization often signals increasing demand. With RLUSD now the eighth-largest stablecoin in the market, its expansion suggests a potential upswing in altcoin prices.

AMBcrypto’s analysis of the market response indicates that a rally could be on the horizon.

Stablecoin market as a signal
The stablecoin market frequently serves as an indicator of upcoming rallies. This signal is determined through new stablecoin minting, which adds to circulating supply.

Technically, when stablecoins are minted, it reflects investor confidence and bullish positioning. The overall stablecoin market capitalization currently stands at $309 billion, with trading volume at $206 billion.

Source: TradingView

While this reflects only a slight shift over the past day, RLUSD’s minting coincided with the broader crypto market cap reclaiming the $4 trillion mark—the highest since the 21st of September, according to TradingView.

Reclaiming this level shows thatinvestors are turning bullish, with potential for further increases in trading volume and valuations across digital assets.

Altseason Index points to rising demand
The Altcoin Season Index is also signaling rising demand, with the reading climbing to 66 at publication time.

A full confirmation of altseason occurs at 75 and above, indicating that most altcoins would then post gains over a period.

Interestingly, despite growing demand, the Fear and Greed Index remains in a “neutral” phase at 51.

Source: CoinMarketCap

This suggests room for further upside before the market enters an overbought condition. In fact, investors appear to be accumulating assets during this phase, anticipating a breakout.

Are investors buying XRP?
Surprisingly, investors have been selling XRP despite earlier accumulation. Between the 28th of September to the 1st of October, buyers spent $110.9 million accumulating XRP.

Source: Coinglass

However, data from the past 24 hours shows a reversal, with spot netflows on CoinGlass turning positive. Roughly $20.05 million worth of XRP was added back into the market on the 2nd of October.

The daily chart provided more context: XRP was trading within a bull flag pattern, which typically precedes a breakout rally. The near-term target was $3.5, with further upside possible.

Meanwhile, the Accumulation/Distribution (A/D) indicator was trending upward in positive territory, showing more buying pressure overall.

Market volume was at 74.75 billion XRP, reinforcing the outlook that investors remained active despite short-term pullbacks.

Source: TradingView
2025-10-02 19:28 2mo ago
2025-10-02 15:00 2mo ago
Euro's Death Spiral Makes Bitcoin The New Reserve: Arthur Hayes cryptonews
BTC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Arthur Hayes centers Bitcoin as the primary beneficiary of what he calls an inevitable ECB money-printing cycle triggered by France’s worsening funding position, capital flight, and political stalemate.

In his Oct. 2, 2025 essay “Bastille Day,” Hayes argues that the developing fracture is not merely a euro story but a reserve-asset reshuffle that elevates BTC because it is a portable, bearer instrument outside the reach of Eurozone gatekeepers. “The slow-motion collapse of the French state is the signal that it’s time to sell euros and buy Bitcoin,” he writes, later distilling the trade into a binary: “Either the ECB presses the Brrr button now and implicitly finances the French welfare state, or it does it later when French capital controls threaten to destroy the euro. Either way, money gets printed in the trillions of euros.”

As France Breaks The Euro, Bitcoin Becomes The Escape
Hayes treats Bitcoin not as a speculative risk asset but as the neutral reserve standing opposite fiat debasement and capital controls. He frames the immediate hedge as operationally simple for Eurozone savers: “Bitcoin is the best way to preserve options… it is a digital bearer asset. In a few minutes, you can convert your euro bank balance into Bitcoin using a spot exchange on the continent. And voila, you are no longer Lagarde’s bitch.”

That prescription is the capstone to his analysis of France’s TARGET2 deficit and reliance on foreign creditors. With “59% of French OAT government bonds with maturity over one year” and “70% of French long-term bank debt” held abroad, he contends the financing base is fragile. If foreign holders are haircut or flee, he expects the ECB’s response to be large and fast: “If these assets get wiped out, the EU banking system is approaching insolvency on an unlevered basis. To save the EU banking system, the ECB would print EUR 5.02 trillion.”

The central mechanism that connects France’s stress to a BTC bid, in Hayes’s telling, is the acceleration of deposit migration across the euro area’s settlement rails. He points to the shift in national TARGET balances since 2020 to argue that “French savers increasingly do not believe that their euros are safe within the French banking system.”

Once that confidence is impaired, he says, the scramble for exits will narrow toward scarce, self-custodiable assets. “These euros effectively pump Bitcoin and gold as the only two hard assets any investor with a single neuron would purchase in this situation,” he writes, before returning to BTC as the cleanest expression of neutrality: “Bitcoin doesn’t care and will continue its inexorable rise versus the piece of trash that is the euro.”

Hayes pushes the Bitcoin-first framing through multiple contingencies. If the ECB withholds support to discipline Paris, he expects bank stress to worsen and capital to move faster, enriching the BTC bid. If the ECB capitulates early, he expects balance-sheet expansion to debase the unit of account, also enriching the BTC bid. “The ECB will valiantly print money to forestall the loss of its raison d’être,” he writes.

“It shall be a glorious day for the faithful as printed euros will combine with printed dollars, yuan, yen, etc to bid up the price of Bitcoin.” Even a hypothetical French exit and a weaker franc doesn’t alter the destination in his view; it merely shifts the channel through which policy redistributes losses. “Locals who still hold French financial assets still have time to get out… But when they come, you cannot withdraw much in the way of physical euro cash, or wire euros outside of the French banking system, or escape by buying Bitcoin and gold.”

To scope magnitude, Hayes offers directional estimates that emphasize speed rather than precision. He notes “domestic French banking deposits totaled EUR 2.6 tn” as of July 2025 and estimates “25% of this capital could leave within a few days… This amounts to EUR 650 bn.”

Applying the same heuristic to “$3.45 trillion” in equities and “$3.25 trillion” in government bonds, he argues that “hundreds of billions if not trillions of dollars could quickly leave France and find a home in Bitcoin and gold if domestic capital gets spooked.” His caveat is explicit—“Of course, this is a shitty estimate”—but it serves the thesis that flow urgency, not fine-tuned arithmetic, is what matters for BTC’s upside convexity when fiat systems wobble.

The political overlay is instrumental to his Bitcoin call. Hayes portrays the ECB as prioritizing institutional control over currency stability, which, he says, paradoxically intensifies the need for an eventual rescue. “The ECB is so focused on control of Europe™ that it’s cutting off its nose to spite its face,” he writes, arguing that disciplining deficits while French funding frays accelerates deposit migration and forces larger printing later. He collapses that loop back to BTC with a refrain that runs through the essay: “Sell euros and buy Bitcoin.”

For readers outside Europe, Hayes’s guidance does not change with geography; the driver is money creation, not local banking architecture. “If you are not a denizen of Europe™ do not buy European financial assets under any circumstances. Instead, buy some Bitcoin, sit back and watch your sick gainz as printed euros contribute to the bull market in growth of the fiat money supply.” For those inside the bloc, the imperative is timing around potential restrictions: “There are no domestic capital controls yet,” he writes of France. “But when they come… your freedom to escape by buying Bitcoin… will wane rather than wax.”

At press time, BTC traded at $118,597.

BTC rises back above $118,000, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with 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.
2025-10-02 19:28 2mo ago
2025-10-02 15:03 2mo ago
Ethereum price forms giant hammer as key metric nears $1 trillion cryptonews
ETH
Ethereum price has formed a giant hammer candlestick pattern on the weekly chart, pointing to a major comeback as exchange-traded fund inflows rose and its adjusted stablecoin volume jumped to nearly $1 trillion.

Summary

Ethereum price has formed a hammer candlestick pattern on the weekly chart.
The adjusted monthly stablecoin volume rose to almost $1 trillion.
Spot Ethereum ETF inflows have continued this week.

Ethereum boosted by stablecoin growth and ETF inflows
Ethereum (ETH) was trading at $4,450 on Thursday, up by over 15% from its lowest level last week. Its 24-hour volume rose to $46 billion, while the futures open interest soared to nearly $60 billion.

The ongoing ETH price jump coincided with the ongoing crypto market rally as traders cheer the rising odds of a Federal Reserve interest rate cut and the upcoming crypto ETF approval season.

Ethereum price also jumped because of the ongoing demand from American investors. Data compiled by SoSoValue shows that the spot Ethereum ETFs added over $80 million in assets on Wednesday, bringing the weekly inflows to over $755 million. This week’s inflows are a sharp reversal after it shed $795 million last week.

More data shows that Ethereum is benefiting from the ongoing demand stablecoins. Artemis data shows that the stablecoin supply in the network jumped by 5.8% in the last 30 days to $162 billion.

More data shows that the adjusted transaction volume rose by 15% to $901 billion, meaning that it may cross $1 trillion soon. These are huge numbers considering that PayPal had a total payment volume of $408 million in the last 30 days.

Other parts of the Ethereum network are doing well, with the total value locked in its decentralized finance network soaring to a record high of over $200 billion recently.

Ethereum price technical analysis as a hammer forms
The weekly timeframe chart shows that the Ethereum price bottomed at $3,828 last week as the crypto market crashed. It formed a hammer candlestick, which is characterized by a body and a long lower shadow, and is one of the most common bullish reversal candlestick patterns.

Ethereum also retested the important support level at $4,100, its highest level in March and December last year. A break and retest normally confirms the continuation pattern.

The coin also remains above the 50-week and 100-week Exponential Moving Averages (EMA), a sign that bulls remain in control.

Therefore, the coin will likely continue rising as bulls target the year-to-date high of $4,955. A move above that target will point to more gains towards $5,000 and above.

ETH price chart | Source: crypto.news
The bullish Ethereum price forecast will become invalid if the coin drops below the key support at $3,828. Such a move would point to more downside, potentially to $3,500.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
2025-10-02 19:28 2mo ago
2025-10-02 15:06 2mo ago
XRP Hits $3 As Ripple CTO David Schwartz Announces Retreat From Daily Company Involvement cryptonews
XRP
Ripple‘s XRP (CRYPTO: XRP) touched the key $3 level, which comes after the announcement that CTO David Schwartz will step back from day-to-day responsibilities while continuing to serve on Ripple's board.

What Happened: Ripple CEO Brad Garlinghouse praised Schwartz as a visionary crypto pioneer, highlighting his monumental contributions to Ripple, the XRP Ledger, and the broader blockchain ecosystem.

Garlinghouse expressed gratitude that Schwartz will remain on the board to provide guidance, humorously noting that he'll now be "their boss from afar."

Schwartz reflected on his four-decade career, including NSA consulting, early involvement in Bitcoin, co-founding the XRP Ledger, and 13 years as Ripple's CTO.

He plans to return to personal passions like coding, tinkering, and exploring new XRP use cases.

Despite increased competition from SWIFT's blockchain initiatives and ConsenSys, Schwartz's ongoing board role ensures continued influence over XRP Ledger's development.

Also Read: XRP Spikes 5% As Whales Scoop Up $740 Million Worth Of Crypto: Open Interest, Trading Volume Also Jump

Why It Matters: Crypto trader CW believes this marks the start of a significant rally for XRP, citing momentum and the upcoming ETF approval expected by mid-October 2025. "Everything is perfect," he noted.

VivoPower International LLC (NASDAQ:VVPR) closed its equity raise with shares at $6.05, generating roughly $19 million, signaling strong market appetite for strategic equity moves amidst the crypto ecosystem's growth.

Read Next:

Solana, XRP ETFs May Be Just The Start: Why You Need To Brace For The Crypto ETF Avalanche
Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2025-10-02 19:28 2mo ago
2025-10-02 15:08 2mo ago
PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher cryptonews
PUMP
Pump.fun's native token has jumped 32% in the past 7 days, and technical indicators now point to even bigger gains ahead, supporting a bullish Pump price prediction.The surge follows a major spotlight from ARK Invest, which featured Pump.fun in its latest ARK Disrupt newsletter.
2025-10-02 19:28 2mo ago
2025-10-02 15:12 2mo ago
Ripple CTO Addresses Speculation on Web Monetization Platform Coil: Details cryptonews
XRP
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Ripple CTO David Schwartz recently announced he was stepping back from his role as Ripple's chief technology officer, sparking reactions from the XRP and broader crypto community.

An X user, in reaction to Schwartz's announcement of his resignation, pleaded with the Ripple CTO to "kindly continue working on Coil."

Coil is a platform that provides an alternative method for creators to monetize their content online. As subscribed fans consume content, the platform utilized an open API called Web Monetization to stream micropayments to creators instantaneously. The API was built on the Interledger Protocol, co-created by former Ripple CTO Stefan Thomas.  The Coil platform sunsetted in 2023.

Ripple CTO weighs inIn response to the X user's request to continue development on Coil, Ripple CTO David Schwartz revealed the hard truth: "We're kind of stuck. The issue is interesting."

Schwartz went on to explain the issue, using the context of email. He noted that email really has two different features, which are logically separate.

First, it has a universal namespace based on domain names. Second, it has a universal exchange protocol, SMTP. Schwartz explained the issue, saying, "You can imagine a system that only had one of these things and not the other. First, with neither, things would suck."

"Coil wanted InterLedger Protocol (ILP) to be like email -a universal namespace and a universal protocol with guaranteed interoperability," Schwartz said, adding "the problem is that a universal protocol for money with guaranteed interoperability is not practical."

Schwartz added, "Yes, ILP is a protocol and mostly what you care about it people using ILP to move money. But it has to coexist with other payment methods and requiring people who have other ways to pay to onboard with ILP endpoints doesn't seem to be necessary."

Ripple's paystring — a universal namespace for payment endpoints that can support XRPL addresses, ILP endpoints, Bitcoin addresses, custodial accounts on exchanges, PayPal and Zelle — was developed in response, but it did not guarantee interoperability.

"A big blocker in the past was regulatory obstacles to cross-system payments outside of the self-custody space. I'm not sure if that has gotten better or is still a problem," Schwartz added.
2025-10-02 18:27 2mo ago
2025-10-02 13:57 2mo ago
ConocoPhillips, KKR, and Wyndham Stock Could Have a Rough October stocknewsapi
COP KKR
Stocks that could face selling pressure at the end of 2025 could be worth a look for long-term investors.
2025-10-02 18:27 2mo ago
2025-10-02 14:00 2mo ago
Liberty Gold Strengthens Treasury with US$2.2 Million to Advance Black Pine stocknewsapi
LGDTF
VANCOUVER, British Columbia, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce receipt of the first staged payment of US$2.2 million related to the previously announced sale of its interest in the TV Tower copper-gold project (“TV Tower” or the “Project”), located in Biga Province, northwest Türkiye (see press releases dated April 17, 2024 and October 7, 2024).

This non-core asset sale payment, which is non-dilutive for shareholders, forms part of the total consideration of US$8.5 million payable to Liberty Gold for the sale of its 72.1% interest in TV Tower. The Company has now received US$5.9 million to date, with the final staged payment of US$2.6 million due on October 4, 2026. These payments underpin corporate costs for Liberty Gold over the period, allowing the Company to channel new funding directly into project advancement.

Jon Gilligan, President and CEO of Liberty Gold, commented, “This non-dilutive staged payment further bolsters our treasury and underscores our strategy of channeling capital into our core oxide gold project. With Black Pine in Idaho moving through advanced studies and mine permitting, we remain focused on unlocking the value of Black Pine, the largest undeveloped oxide gold project in the Great Basin. In the medium-term we are looking to build a strong portfolio of substantial oxide assets positioned for future development.”

ABOUT LIBERTY GOLD

Liberty Gold is focused on developing open pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. This region is one of the most prolific gold-producing regions in the world and stretches across Nevada and into Idaho and Utah. The Company is advancing the Black Pine project in southeastern Idaho, a past-producing, Carlin-style gold system with a large, growing resource with strong economic potential that can be mined profitably as an open-pit/heap leach operation in an environmentally responsible manner.

For more information, visit libertygold.ca or contact:

Susie Bell, Manager, Investor Relations
Phone: 604-632-4677 or Toll Free 1-877-632-4677
[email protected]

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to Liberty Gold within the meaning of applicable securities laws. Forward-looking information is often, but not always, identified by the use of words such as, "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements in this press release include, but are not limited to, statements regarding: the Company’s objectives, goals or future plans; the achievement of future short-term, medium-term and long-term operational strategies and the receipt of future staged payments.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions about future prices of gold, and other metal prices, currency exchange rates and interest rates, favourable operating conditions, political stability, timely receipt of governmental or regulatory approvals, including any stock exchange approvals, receipt of financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, the timing and success of future plans and objectives in the areas of sustainable development, health, safety, environment and community development, availability of equipment, results of any mineral resources, mineral reserves, or pre-feasibility study, the availability of drill rigs, the timing of receipt of future staged payments from previous dispositions by Liberty Gold, successful resolution of disputes and anticipated costs and expenditures. Many assumptions are based on factors and events that are not within the control of Liberty Gold and there is no assurance they will prove to be correct.

Such forward-looking information, involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including risks that the future staged payments are not received, risks that Liberty Gold will not use the net proceeds of any staged payments as anticipated, risks related to obtaining all necessary TSX approvals, and risks related to the interpretation of results and/or the reliance on technical information provided by third parties as related to Liberty Gold’s mineral property interests, changes in project parameters as plans continue to be refined; current economic conditions, future prices of commodities; possible variations in grade or recovery rates, the costs and timing of the development of new deposits, failure of equipment or processes to operate as anticipated, the failure of contracted parties to perform; the timing and success of exploration activities generally, the timing or results of the publication of any mineral resources, mineral reserves or pre-feasibility studies, delays in permitting, possible claims against Liberty Gold, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals, financing, timing of receipt of staged payments from previous dispositions by Liberty Gold, or in the completion of exploration as well as those factors discussed in the Annual Information Form of Liberty Gold dated March 25, 2025, in the section entitled "Risk Factors", under Liberty Gold’s SEDAR+ profile at www.sedarplus.ca.

Although Liberty Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Liberty Gold disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable laws.

Except for statements of historical fact, information contained herein or incorporated by reference herein constitutes forward-looking statements and forward-looking information. Readers should not place undue reliance on forward-looking information. All forward-looking statements and forward-looking information attributable to us is expressly qualified by these cautionary statements.
2025-10-02 18:27 2mo ago
2025-10-02 14:00 2mo ago
Parsons to Announce Third Quarter 2025 Financial Results on November 5, 2025 stocknewsapi
PSN
October 02, 2025 14:00 ET

 | Source:

Parsons Services Company

CHANTILLY, Va., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) will release third quarter 2025 financial results before the markets open on Wednesday, November 5, 2025. The company will host a conference call at 8:00 a.m. Eastern Time that day to discuss its earnings results and strategic corporate initiatives.

Access to a webcast of the live conference call can be obtained through the Investor Relations section of the company's website (https://investors.parsons.com). Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here.

A replay will be available on the company's website approximately two hours after the conference call and continuing for one year.

About Parsons Corporation

Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and electronic warfare, space and missile defense, transportation, water and environment, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn to learn how we’re making an impact.

Contacts:

MediaInvestor RelationsBernadette MillerDave SpilleParsons CorporationParsons Corporation+1 980.253.9781+1 [email protected]@Parsons.us
2025-10-02 18:27 2mo ago
2025-10-02 14:00 2mo ago
Twist Bioscience Announces Publication in Science Examining Biosecurity Screening Practices in AI-assisted Protein Design stocknewsapi
TWST
-

Study and red-teaming exercise led by Microsoft brought together consortium of scientific and industry experts

Twist remains at the forefront of biosecurity innovation, demonstrating leadership in both policy engagement and technical solutions

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Twist Bioscience Corporation (NASDAQ: TWST), a mid-cap growth and value biotech company, today announced the publication in Science of the peer-reviewed paper, “Strengthening nucleic acid biosecurity screening against generative protein design tools,” led by Microsoft and co-authored with a consortium of scientific and industry experts including the International Gene Synthesis Consortium.

In a first-of-its-kind study to highlight the impact of AI on a particular industry, the publication highlights the importance of iterative improvement, cross industry collaboration and foresight in biosecurity screening. For known proteins and sequences, current biosecurity and screening practices work well today to detect and prevent misuse. As AI continues to unlock new possibilities in sequence and protein design, it is important to anticipate and mitigate potential misuse. Twist’s participation in this initiative, alongside key players in technology and life sciences research, exemplifies a proactive approach to safeguard public health, providing an example for other industries to follow.

“Since the inception of Twist, we have developed and advanced stringent biosecurity screening methods and standards in parallel with our commercial offerings. For known proteins and sequences, industry best practices for biosecurity screening are robust and highly effective. However, as AI capabilities evolve, screening practices must evolve just as quickly,” said Emily M. Leproust, CEO and co-founder of Twist Bioscience. “Recognizing the critical role that we play in the advancement of our customer’s research, together with Microsoft, we are looking around the corner to identify and guide industry next steps for impactful drug discovery while advancing science responsibly.”

“As AI opens new frontiers in the life sciences, we have a shared responsibility to continually improve and evolve safety measures,” said Dr. Eric Horvitz, Chief Scientific Officer of Microsoft and co-lead author of the study. “This research highlights the importance of foresight, collaboration, and responsible innovation. By partnering with Twist and other organizations in the synthetic DNA space to proactively identify and mitigate biosecurity risks, we help ensure that the benefits of AI in biology and medicine are realized with safety and care.”

The study revealed that AI-designed sequences of protein variants of toxins and viral proteins could escape detection by standard biosecurity screening software. While these were digital sequences only and it is unknown whether these engineered sequences would remain pathogenic once manufactured, this coordinated red-teaming effort resulted in improved detection protocols. Twist and its partners used these findings to develop patches and novel strategies that enhance screening accuracy of engineered protein sequences. Iterative and intentional development of protocols in dialogue with industry advocates, government entities, large technology companies and more, together with the use of multiple tools including AI to detect variants and new sequences that have the potential to be pathogenic, will ensure a focus on continuing safe and responsible research across industries.

About Twist Bioscience Corporation

At Twist Bioscience, we work in service of customers who are changing the world for the better. In fields such as medicine, agriculture, industrial chemicals and defense, by using our synthetic DNA tools, our customers are developing ways to better lives and improve the sustainability of the planet. The faster our customers succeed, the better for all of us, and Twist Bioscience is uniquely positioned to help accelerate their efforts.

Our innovative silicon-based DNA Synthesis Platform provides precision at a scale that is otherwise unavailable to our customers. Our platform technologies overcome inefficiencies and enable cost-effective, rapid, precise, high-throughput synthesis, sequencing and therapeutics discovery, providing both the quality and quantity of the tools they need to most rapidly realize the opportunity ahead. For more information about our products and services, please visit www.twistbioscience.com.

Follow us on LinkedIn | X | YouTube | Instagram | Bluesky

Twist Bioscience Legal Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts contained herein are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the evolution of biosecurity screening with advancing AI and the development of new standards for safe and responsible research. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that may cause Twist’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the ability to attract new customers and retain and grow sales from existing customers; the ability of Twist to achieve sufficient revenue to achieve or maintain positive cash flow from operations or profitability in any given period; ability to obtain financing when necessary; risks and uncertainties of rapidly changing technologies and extensive competition in synthetic biology that could make the products Twist is developing obsolete or non-competitive; ability to expand DNA synthesis manufacturing capacity; dependence on one supplier for a critical component; dependence on key personnel; additional regulations that could increase Twist’s costs and delay commercialization efforts; changes in U.S. trade policies and other trade actions that could result in increased costs and supply chain disruptions; and the ability to maintain and enforce intellectual property protection. For a description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Twist’s business in general, see Twist’s risk factors set forth in Twist’s Annual Report on Form 10-K for the year ended September 30, 2024 filed with the Securities and Exchange Commission (SEC) on November 18, 2024 and subsequent filings with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Twist specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

More News From Twist Bioscience Corporation

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2025-10-02 18:27 2mo ago
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Fulton Financial Corporation Announces Dates for Third Quarter 2025 Earnings Release and Webcast stocknewsapi
FULT
, /PRNewswire/ -- Fulton Financial Corporation ("Fulton") (Nasdaq: FULT) today announced that it will distribute its third quarter 2025 earnings release and accompanying charts on Tuesday, October 21, at approximately 4:30 p.m. Eastern Time.

Fulton will host a conference call with analysts on Wednesday, October 22, at 10 a.m. Eastern Time. Curtis J. Myers, Chairman and CEO, will host the call. He will be joined by Rick Kraemer, Senior Executive Vice President and CFO.

The link to the webcast of this call can be found at https://investor.fultonbank.com. Participants can also access the audio-only webcast at: https://edge.media-server.com/mmc/p/p4ebhbxw.

Fulton, a more than $30 billion Lancaster, Pa.-based financial holding company, has more than 3,300 employees and operates more than 200 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A. Additional information on Fulton can be found at https://investor.fultonbank.com.

Media Contact: Rachel Sharkey (717) 291-2831
Investor Contact: Matt Jozwiak (717) 327-2657

SOURCE Fulton Financial Corporation

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2025-10-02 18:27 2mo ago
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Despite overbought signals, gold's bullish momentum points to $4,000 target stocknewsapi
AAAU BAR DBP DGL GLD GLDM IAU OUNZ SGOL UGL
Kitco News

The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.
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Zhang: META at "Good Entry Point," ELV Turnaround Intact, Bearish on CZR stocknewsapi
META
@OptionsPlay's Tony Zhang says he's been "bullish for quite some time" on Meta Platforms (META) due to how it uses A.I. to boost advertising revenue.
2025-10-02 18:27 2mo ago
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Stocks to Gain From Quantum Computing in 2025: MSFT, IBM, QBTS, IONQ stocknewsapi
IBM IONQ MSFT QBTS
Key Takeaways Microsoft unveiled Majorana 1 and partnerships to scale hardware and cloud-integrated quantum systems.IBM is expanding fault-tolerant platforms with new data centers, global deployments and Nighthawk updates.D-Wave and IonQ highlight revenue gains, hybrid solutions, performance milestones and telecom integration.
This year has seen quantum computing being pushed from lab interests toward practical deployments. Vendors and tech giants published official updates showing progress on error correction, larger qubit systems, hybrid quantum-classical stacks and new research centers aimed at real-world use.

Google reiterated its Willow roadmap and published research on error correction and scalable chips and NVIDIA (NVDA - Free Report) launched a dedicated “Quantum Day” and announced an Accelerated Quantum Research Center to couple AI supercomputing with quantum research. Pure plays like Rigetti highlighted multi-chip systems and new commercial availability in their quarterly results. Together, these companies have sketched a year of measurable engineering advances and growing commercialization pathways.

Below are four stocks expected to gain from quantum computing in 2025.

Microsoft (MSFT - Free Report) Microsoft’s first-half 2025 quantum computing-based developments center on Majorana 1 and on partnerships to scale quantum hardware and control. Earlier this year, the company unveiled Majorana 1 as a breakthrough topological-qubit processor and a measurement/control approach intended to simplify qubit control and make very large qubit counts practical, positioning Microsoft to pursue a distinct, potentially more scalable hardware path than superconducting or trapped-ion approaches. Microsoft’s focus on developer toolchains and collaborations to accelerate scalable systems suggests the company is pushing both hardware differentiation and cloud integration as its path to commercial quantum advantage. For investors who prefer a diversified tech heavyweight’s exposure to quantum instead of startups, Microsoft’s official roadmap points to multi-front engagement.

IBM (IBM - Free Report) IBM in 2025 is pursuing a stepwise engineering route to fault-tolerant quantum computing that includes building a new IBM Quantum Data Center and an explicit roadmap toward large-scale, fault-tolerant machines. IBM also highlighted international System Two deployments, including a collaboration with RIKEN, along with continued Nighthawk-family hardware and software releases to expand circuit complexity, all signaling IBM’s investment in data-center-scale infrastructure, strategic partnerships and software stacks to support near-term commercial users and research collaborators.

As IBM has outlined, its current focus is on building industrial-scale, co-located classical–quantum platforms and ecosystems that enterprises and governments are likely to adopt first. The company’s 2025 outlook emphasizes steady platform expansion and strategic deployments rather than relying on a single near-term “killer app.”

D-Wave (QBTS - Free Report) D-Wave is currently emphasizing commercial traction, revenue growth and customer engagement for its quantum annealing and hybrid-solver offerings. In its last-reported second-quarter 2025 result, D-Wave reported stronger year-over-year revenue and rising cash balances. The company has also emphasized user conferences, including Qubits Japan and promoted product updates targeting hybrid workflows.

D-Wave continues to highlight its value proposition around already-usable optimization and hybrid solutions (rather than waiting for fault tolerance), pointing to commercial channels where enterprises can deploy quantum-enhanced workflows today. For investors seeking exposure to a vendor selling commercialized quantum services and software, D-Wave shows revenue momentum and active customer outreach.

IonQ (IONQ - Free Report) For IonQ, this year is marked by strong performance milestones and strategic technological advancements toward broader utility. Recently, the company announced new AQ performance milestones, surpassing its prior benchmarks and a quantum-Internet related advance converting trapped-ion photon emissions into telecom-band photons, enabling compatibility with existing fiber networks. These developments portray IonQ as pushing both raw system performance and practical networking/connectivity features that would make trapped-ion systems more interoperable with classical telecom infrastructure. IonQ appears focused on performance leadership and ecosystem expansion, two themes that, if realized, will support the company’s long-term commercial case.
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Chefs' Warehouse: Luxury Dining Meets Resilient Growth stocknewsapi
CHEF
SummaryChefs’ Warehouse trades at a premium 33.3x forward P/E, but strong EPS growth catalysts justify valuation.Target price of $79.3 by FY 2027 implies a 36% upside from current levels.EPS is forecasted to grow at a 16.7% CAGR through 2028, compared to the 5.9% staples sector median.CHEF demonstrates robust financial performance, with 8.4% revenue growth, margin expansion, and strong pricing power in a resilient luxury market segment.A strong client base of luxury restaurants and hotels insulates CHEF from consumer trade-downs in a weaker economy.ClarkandCompany/E+ via Getty Images

Chefs' Warehouse (NASDAQ:CHEF) is serving up premium growth at a premium multiple, and the menu still has room for upside.

I believe there's still an upside to be captured from the stock at its premium 33.3x

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.

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Nexans S.A. - Special Call stocknewsapi
NEXNY NXPRF
Nexans S.A. - Special Call

Company Participants

David Grall

Conference Call Participants

Marc Boilard - Oliver Wyman Actuarial Consulting, Inc.
Isabelle Hoepfner-Leger - Rexel S.A.
Daniel Hojniak
Mike Smith

Presentation

Marc Boilard
Oliver Wyman Actuarial Consulting, Inc.

Welcome to our webinar on Responsible Sourcing in the Cable value chain. The energy transition and the electrification of the world require more and more cables, and this will last for decades. In parallel, ESG requirements for companies are no longer an option in order to protect employees, to protect the environment and to protect the society. As a consequence, all the industry players along the cable value chain are adopting responsible sourcing practices.

So today, we will discuss 3 things. One, what is responsible sourcing; two what are the supply chain challenges and the commitments on human rights that the leaders are taking in the industry; and three, what is the role of standards. To do that, we have the pleasure to welcome a distinguished set of industry leaders. I will start with you, Isabelle Hoepfner-Léger, you are General Corporate Secretary at Rexel, a leading distributor of electrical material and a large client of Nexans; Daniel Hojniak, you are Chief ESG specialists at KGHM, and you will bring us your perspective as a copper producer; Mike Smith, you are a Value Chain Director at Copper Mark, and you will discuss about the standard in the industry; and David Grall, your VP Sustainability and Corporate Transformation, and you will bring us a perspective of a leading cables producer.

Question-and-Answer Session

Marc Boilard
Oliver Wyman Actuarial Consulting, Inc.

My first question is actually for you, David, as an industrial company, what does Nexans do in terms of responsible sourcing? What is your definition of responsible sourcing and what are your challenges?

David Grall

Thank you, Marc, and

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CTO Deadline: CTO Investors with Losses in Excess of $50K Have Opportunity to Lead CTO Realty Growth, Inc. Securities Fraud Lawsuit stocknewsapi
CTO
, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of CTO Realty Growth, Inc. (NYSE: CTO, CTO-PA) between February 18, 2021 and June 24, 2025, both dates inclusive (the "Class Period"), of the important October 7, 2025 lead plaintiff deadline.

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

What to do next: To join the CTO Realty class action, go to https://rosenlegal.com/submit-form/?case_id=43344 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 7, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) CTO's dividends were less sustainable than defendants had led investors to believe; (2) CTO Realty used deceptive and unsustainable practices to artificially inflate its Adjusted Funds from Operations ("AFFO") and overstate the true profitability of its Ashford Lane property; (3) accordingly, CTO Realty's business and/or financial prospects were overstated; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the CTO Realty class action, go to https://rosenlegal.com/submit-form/?case_id=43344 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information.

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

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

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

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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2025-10-02 18:27 2mo ago
2025-10-02 14:07 2mo ago
SLQT Deadline: SLQT Investors with Losses in Excess of $50K Have Opportunity to Lead SelectQuote, Inc. Securities Fraud Lawsuit stocknewsapi
SLQT
, /PRNewswire/ -- 

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SelectQuote, Inc. (NYSE: SLQT) between September 9, 2020 and May 1, 2025, both dates inclusive (the "Class Period"), of the important October 10, 2025 lead plaintiff deadline.

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

What to do next: To join the SelectQuote class action, go to https://rosenlegal.com/submit-form/?case_id=39510 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 10, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) SelectQuote was directing Medicare beneficiaries to the plans offered by insurers that best compensated SelectQuote, regardless of the quality or suitability of the insurers' plans; (2) SelectQuote did not provided unbiased comparison shopping for Medicare Advantage insurance plans; (3) SelectQuote received illegal kickbacks to steer Medicare beneficiaries to certain insurers and limit enrollment in competitors' plans; (4) as a result, SelectQuote had not complied with applicable laws, regulations, and contractual provisions; (5) SelectQuote was vulnerable to regulatory and legal sanctions as a result of its conduct, including claims that it had violated the False Claims Act; and (6) as a result of the foregoing, defendants' positive statements about SelectQuote's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the SelectQuote class action, go to https://rosenlegal.com/submit-form/?case_id=39510 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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2025-10-02 18:27 2mo ago
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CrowdStrike: The Expansion Cycle Nobody Saw Coming stocknewsapi
CRWD
SummaryThe Falcon Flex model surpassed 1,000 clients, each averaging over $1 million ARR, with utilization rates exceeding 75%.More than 100 clients re-Flexed within five months, driving nearly 50% uplift in ending ARR per client.CrowdStrike’s Q2 ARR from Cloud, Identity, and SIEM modules reached $1.56 billion, growing over 40% year-over-year.CrowdStrike’s Falcon Flex fuels ARR growth with 75%+ utilization, but its 133x forward P/E highlights stretched valuation risk.Guidance projects H2 net new ARR growth of at least 40% YoY, fueled by Falcon Flex adoption. amgun/iStock via Getty Images

Investment Thesis CrowdStrike Holdings, Inc.'s (NASDAQ:CRWD) Falcon Flex model is driving a powerful flywheel effect with flexible agreements helping land clients, accelerate module adoption, and fuel larger renewals. With over 1,000 Flex clients averaging over $1 million ARR and utilization above 75%, the model

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.

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SummarySprott Uranium Miners ETF has surged over 125% since April 2025, driven by strong uranium price momentum and sector tailwinds.URNM offers diversified exposure to leading uranium producers like CCJ and Kazatomprom, plus smaller miners benefiting from explosive rallies.The ETF is liquid, yields 2.13%, and boasts top momentum and liquidity grades, though it faces volatility and expense ratio concerns.I rate URNM a buy at $60, expecting continued record highs as uranium demand rises, supply tightens, and geopolitical factors support prices.Looking for more investing ideas like this one? Get them exclusively at Hecht Commodity Report. Learn More » Ole_CNX/iStock via Getty Images

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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.

The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.

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.

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Amazon is facing federal probes after two of its Prime Air delivery drones collided with a crane in Arizona, prompting the company to temporarily pause drone service in the area.

The incident occurred on Wednesday around 1 p.m. EST in Tolleson, Arizona, a city west of Phoenix. Two MK30 drones crashed into the boom of a stationary construction crane that was in a commercial area just a few miles away from an Amazon warehouse. No injuries were reported.

"We're aware of an incident involving two Prime Air drones in Tolleson, Arizona," Amazon spokesperson Terrence Clark said in a statement. "We're currently working with the relevant authorities to investigate."

Both drones sustained "substantial" damage from the collision on Wednesday, which occurred when the aircraft were mid-route, according to preliminary FAA crash reports.

The Federal Aviation Administration and National Transportation Safety Board are investigating the incident. The NTSB didn't immediately respond to a request for comment.

Read more CNBC tech newsOpenAI wraps $6.6 billion share sale at $500 billion valuationTokenization of real world assets is an unstoppable 'freight train' coming to major markets: Robinhood CEOTaiwan rejects U.S. proposal for '50-50′ chip production, says trade talks focused on tariffsNASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdownThe probes come just a few months after Amazon, in January, paused drone deliveries in Tolleson and College Station, Texas, temporarily following two crashes at its Pendleton, Oregon, test site. Those crashes also prompted investigations by the FAA and NTSB. The company resumed deliveries in March after it said it had resolved issues with the drone's software, CNBC previously reported.

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Tolleson police and fire departments didn't respond to a request for comment about the Wednesday incident.

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PUBM Investors with Losses in Excess of $50K Have Opportunity to Lead PubMatic, Inc. Securities Fraud Lawsuit stocknewsapi
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, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of PubMatic, Inc. (NASDAQ: PUBM) between February 27, 2025 and August 11, 2025, both dates inclusive (the "Class Period"), of the important October 20, 2025 lead plaintiff deadline.

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

What to do next: To join the PubMatic class action, go to https://rosenlegal.com/submit-form/?case_id=43810 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 20, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) a top demand side platform ("DSP") buyer was shifting a significant number of clients to a new platform which evaluated inventory differently; (2) as a result, PubMatic was seeing a reduction in ad spend and revenue from this top DSP buyer; and (3) as a result of the foregoing, defendants' positive statements about PubMatic's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the PubMatic class action, go to https://rosenlegal.com/submit-form/?case_id=43810 call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

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2025-10-02 18:27 2mo ago
2025-10-02 14:17 2mo ago
FIBRA Prologis Announces an Ordinary Certificate Holders Meeting stocknewsapi
FBBPF
, /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today announced it will host an ordinary certificate holders meeting on October 13, 2025, at 11:00 am Mexico Time. 

The meeting agenda includes the following items:

I.  Proposal, Proposal, discussion, and, where applicable, approval to ratify and extend the agreements adopted by the Holders at the annual ordinary meeting of holders held on April 9, 2024, including, without limitation, those related to (i) carry out one or more tender offers through reciprocal subscription and/or cash and/or a combination thereof for up to 100% of the real estate trust certificates of Terrafina (Ticker Symbol: TERRA 13, "Terrafina") (such offerings, the "Offerings"); (ii) delegate to the Manager the authority to determine the terms and conditions of each such Offerings; and (iii) authorize the Manager to carry out all acts that are necessary or convenient to consummate the Offerings, including, without limitation, to carry out the drafting, negotiation, and execution of all contracts, agreements, certifications, and other documents that are necessary or convenient for the execution and consummation of the Offerings, as well as the drafting, filing, and processing of all applications, authorizations, notifications, and permits that are required to carry out the Offerings before any governmental authority or autonomous body, including, without limitation, before the National Banking and Securities Commission (Comisión Nacional Bancaria de Valores), the Bolsa Mexicana de Valores, S.A.B. de C.V., the S.D. INDEVAL, Institución para el Depósito de Valores, S.A. de C.V., and other authorities or entities and participants in the securities market whose involvement is necessary. Actions and resolutions in this regard.

II.  Appointment of delegates who, where appropriate, formalize and comply with the resolutions adopted at the Meeting.

Holders who wish to attend the Meeting must submit no later than the business day prior to the date of the meeting: (i) the certificate of deposit issued by the S.D. INDEVAL, Institución para el Depósito de Valores, S.A. de C.V., (ii) the list of holders issued for this purpose by the corresponding financial intermediary, if applicable, and (iii) if applicable, the power of attorney signed before two witnesses to be represented at the Holders' Meeting or, where applicable, the sufficient general or special mandate, granted in terms of the applicable legislation, at the offices of the Common Representative, located at av. Paseo de la Reforma no. 284, piso 9, col. Juárez, Cuauhtémoc, C.P. 06600, Mexico City, for the attention of Esteban Manuel Serrano Hernández, and/or Giovana Cruz García and/or Alicia Guadalupe González González, from 10:00 to 15:00 hours and from 16:30 to 17:30 hours, Monday to Friday, from the date of publication of this call. In addition, Holders are invited to contact the Common Representative, either via email ([email protected]) or by telephone (+(5255) 5230-00296) in case they have any questions related to the scope of the matters that make up the agenda of the Assembly. 

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of June 30, 2025, the company's portfolio comprised 507 Investment Properties, totaling 87.0 million square feet (8.1 million square meters). This includes 345 logistics and manufacturing facilities across 6 industrial core markets in Mexico, comprising 65.5 million square feet (6.1 million square meters) of Gross Leasing Area (GLA) and 162 buildings with 21.5 million square feet (1.9 million square meters) of non-strategic assets in other markets.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("FIBRA") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the "Comisión Nacional Bancaria y de Valores" and  the Mexican Stock Exchange by FIBRA Prologis under the heading "Risk Factors." FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation - Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

SOURCE FIBRA Prologis

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2025-10-02 18:27 2mo ago
2025-10-02 14:17 2mo ago
Alphabet analysts see ‘untapped potential' for Google AI, boost target price stocknewsapi
GOOG GOOGL
Jeffries analysts lifted their 12-month target price on shares of Alphabet Inc (NASDAQ:GOOG) to $285 per share from $230 to reflect the search giant’s recent rapid pace of artificial intelligence (AI) improvement. 

In a note to clients on Thursday, the analysts see “untapped potential” for Google Gemini, believing Google can turn search into the “ultimate decision engine.”   

They added that Circle to Search and Google Lens further expand the search experience with multi-modality across browsers such as Chrome and Safari. 

“We believe AI is not a zero-sum game where multiple agents will thrive, and see Google being a leading copilot for consumers, especially if it can seamlessly integrate search, AI Overviews, and Gemini/AI Mode into a single interface,” the analysts wrote.   

The Jeffries team ran the same 10 prompts across Google Gemini, OpenAI ChatGPT, and Perplexity, and while they concluded that ChatGPT won overall, they found Gemini to have the best image generation. 

The analysts believe Google could transition its leadership in the search world to the AI world. 

Alphabet Class A shares slipped 0.3% to $244.16 in afternoon trading on Thursday.  
2025-10-02 18:27 2mo ago
2025-10-02 14:18 2mo ago
Cross Canada VW Van Tour Will Raise Awareness For Importance Of Natural Health Products stocknewsapi
VWAGY
ST. ALBERT, Alberta, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Shawn Buckley can best be described as a man on a mission, with an important message to deliver.

And he is delivering that message via a 1985 Volkswagen van.

The vehicle is the fun part. But the message Shawn is delivering is very serious.

Buckley, a lawyer, and the president of The Natural Health Product Protection Association (NHPPA), is driving the classic VW van across Canada–beginning in Victoria Oct. 4, and ending up in Ottawa Oct. 25. Other drivers from Charlottetown and Quebec City will join Buckley to deliver his message to Parliament Hill in the form of a Citizen Petition in support of The Health Charter, which has been signed by over 150,000 Canadians.

The message? It’s time for the Federal Government to act in the best interests of Canadians when regulating natural and traditional remedies.

“Currently the Federal Government is not under any legal obligation to seek good health outcomes or even to act in the public interest when regulating natural and traditional remedies,” explained Buckley.

It is estimated that between 70 and 80 per cent of Canadians use one or more natural health products12. Health Canada has stated there are nearly 200,000 different natural health products (NHPs) in Canadian stores3, representing a $5 billion per year industry in Canada4.

Started in 2018 to support the Charter of Health Freedom, The NHPPA says the Citizen Petition is the third largest paper petition in Canadian history (150,000+ signatures, pending delivery and certification)5. “The Health Charter will codify our existing health rights,” explained Buckley. “It will also require the Federal Government to act in the best interests of Canadians when regulating natural and traditional remedies.”

During the three weeks it will take for the Citizen Petition to travel across Canada, the NHPPA will host what it claims as the largest health show ever held (called the World’s Greatest Health Show). The Health Show is a world’s first in having ordinary Canadians sharing their health stories. Buckley says, “The World’s Greatest Health Show and the Health Charter Tour are meant to bring Canadians together with a better understanding of the benefits of our natural and traditional healing traditions.”

The Health Show will include presentations by:

Canadians who rely on natural and traditional remedies;Leading Health Experts;Health Practitioners explaining their healing traditions and their successes;Health Food Stores regarding successes in helping people and their current challenges;Legal and Regulatory Experts on health rights, censorship of truthful health information, and the regulatory environment.
All Canadians are invited to attend any of the events taking place during the 18-city tour. For more information, please email [email protected] or visit nhppa.org/join-the-tour/.

_______________
1 1. Health Canada. “About Natural Health Products.” Government of Canada. Fast fact: 71% of Canadians have used natural health products https://www.canada.ca/en/health-canada/services/drugs-health-products/natural-non-prescription/regulation/about-products.html
2 2. Ipsos-Reid / Health Canada survey (reported in: D’Souza et al., “Patients’ perceptions and use of natural health products,” Canadian Pharmacists Journal, 2018). https://journals.sagepub.com/doi/abs/10.1177/1715163518779409
3 Health Canada. “Natural Health Products in Canada.” Government of Canada. States that there are nearly 200,000 different natural health products in Canadian stores. Available at: https://publications.gc.ca/collections/collection_2024/sc-hc/H14-453-2023-eng.pdf
4 Health Canada. “Consultation on Proposed Fees for Natural Health Products – Overview.” Government of Canada. States that nearly 200,000 different natural health products are sold in Canadian stores, representing a CAD $5 billion per year industry in Canada. Available at: https://www.canada.ca/en/health-canada/programs/consultation-proposed-fees-natural-health-products/overview.html
5 Natural Health Product Protection Association (NHPPA). “Charter of Health Freedom Petition.” Available at: https://nhppa.org/charter-of-health-freedom-petition/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8db0a506-b056-41f9-a334-b349ec766530
2025-10-02 18:27 2mo ago
2025-10-02 14:20 2mo ago
Tenth Avenue Petroleum Announces Cfo Transition And Amendment To Stock Option Grant stocknewsapi
URXZF
CALGARY, AB, October 2, 2025 – TheNewswire - Tenth Avenue Petroleum Corp. (“TPC” or the “Company”) (TSXV:TPC) announces that Sonja Kuehnle has resigned as the VP Finance & Chief Financial Officer of the Company, effective December 28th, 2025, to pursue other professional opportunities. Ms. Kuehnle has agreed to continue to support the Company to help facilitate a seamless transition until her departure. The Company will initiate a search process to help identify a permanent successor.

“I would like to thank Ms. Kuehnle, who has been an integral part of our management team since being appointed as CFO on May 9th, 2023, and for making this transition as smooth as possible  We wish her continued success in her future endeavors,” says Cameron MacDonald, President & CEO.

Stock Option Amendment

Further to the Company’s press release dated August 25th, 2025, the Company wishes to amend its previously stated Stock Option grant to Boardmarker Group (“Boardmarker”) in connection with the Boardmarker Investor Relations Services agreement. The grant exceeded the limits of the number of stock options permitted to be issued under the option plan approved by shareholders at the last annual and special meeting held September 17, 2025.  As such the number of Stock Options to be issued to Boardmarker will be revised to 58,000 from 200,000, to be issued at the same exercise price of $0.10.

Tenth Avenue Petroleum Corp.

Tenth Avenue Petroleum Corp. is engaged in the acquisition, development and production of oil and gas in the Western Canadian Sedimentary Basin. The Company is focused on Mannville development in Southern Alberta where it’s advancing its low-risk acquisition strategy, paired with deploying modern completion techniques to expose its underexploited drilling opportunities to unlock significant resource in place.

For further information please contact:

Cameron MacDonald

President & CEO

Phone: (403) 585-9875

Or

Dean Stuart

Investor Relations

Phone: (403) 617-7609

Email: [email protected]

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements”. Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. When used in this press release, the words “estimate”, “project”, “belief”, “anticipate”, “intend”, “expect”, “plan”, “predict”, “may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include: information relating to the name change and stock symbol change and effects and timing of such corporate actions. Such statements and information reflect the current view of the Company. By their nature, forward- looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements.

The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

 
2025-10-02 18:27 2mo ago
2025-10-02 14:20 2mo ago
Top Stock Movers Now: Intel, AMD, Starbucks, Fair Isaac, and More stocknewsapi
AMD FICO INTC SBUX
Key Takeaways
Major U.S. equities indexes were little changed Thursday afternoon, as the tech sector rose while most others declined.Shares of Intel, Advanced Micro Devices, and other chip stocks extended gains.Fair Isaac shares popped after the company said it will offer its FICO credit score data directly to providers of consolidated scores to mortgage lenders.

Major U.S. equities indexes were little changed Thursday afternoon on the second day of the U.S. government shutdown, as the tech sector rose while most others declined.

Intel (INTC) shares extended gains following a report that the struggling chipmaker is in early talks to add rival Advanced Micro Devices (AMD) as a foundry customer. Shares of AMD and other companies in the semiconductor industry also advanced.

Fair Isaac (FICO) was the best-performing stock in the S&P 500, and shares of credit score providers Equifax (EFX) and TransUnion (TRU) tumbled, after Fair Isaac said it will provide its FICO scores directly to companies that sell consolidated credit reports to mortgage providers.

Starbucks (SBUX) shares also rose as the biggest coffee retailer moved to shutter hundreds of underperforming stores, part of CEO Brian Niccol’s restructuring plan. 

Occidental Petroleum (OXY) shares declined after Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) said it would buy the energy firm’s chemicals unit for $9.7 billion. Berkshire Hathaway shares were little changed.

Shares of power provider Edison International (EIX) lost ground after the Trump administration canceled a federal grant to upgrade California’s electric grid.

Lithium Americas (LAC) shares slid after soaring yesterday on news the U.S. would take a stake in the lithium miner. Cansaccord Genuity downgraded the stock, suggesting enthusiasm over the benefits of its new deal with Washington could be overblown.

Oil and gold futures fell. The yield on the 10-year Treasury note was down. The U.S. dollar climbed against the euro, pound, and yen. Prices for most major cryptocurrencies were higher. 

Do you have a news tip for Investopedia reporters? Please email us at

[email protected]
2025-10-02 18:27 2mo ago
2025-10-02 14:20 2mo ago
Could AMD Make Intel's Business as Hot as Its Stock? stocknewsapi
INTC
Key Takeaways
Advanced Micro Devices is reportedly considering becoming an Intel Foundry customer, a move that would make it one of several companies following in the Trump administration's footsteps by throwing the struggling chipmaker a lifeline. The White House has made domestic semiconductor manufacturing a priority as the U.S. seeks to edge out China in the global AI arms race. Some analysts are skeptical that Intel has the manufacturing capabilities required to secure the kind of foundry deal President Trump and Wall Street are hoping for.

Intel (INTC) was down and out, and then the White House flipped a switch and made it one of the hottest stocks on Wall Street.

Semafor yesterday reported chip designer Advanced Micro Devices (AMD) was in early talks to become an Intel Foundry customer. The report noted it was unclear how much of AMD’s business would go to Intel instead of its primary manufacturing partner, Taiwan Semiconductor Manufacturing Co. (TSM), or if the deal would include a direct investment. 

Why This Matters To Intel Investors
The White House is pushing hard to prop up Intel, which has spurred an outpouring of support for the embattled chipmaker from major tech companies. But none of the deals announced so far have come with commitments to use Intel's foundry. A manufacturing deal would signal more concrete support for Intel, giving investors more faith in the sustainability of its turnaround.

The agreement would make AMD the latest in a string of entities partnering with or investing in Intel to extend a lifeline to one of the only U.S. companies capable of manufacturing advanced semiconductors. Japanese tech investor SoftBank in August invested $2 billion shortly before the White House converted Intel’s CHIPS Act grants into an approximately 10% equity stake. Nvidia (NVDA) followed suit in September when it said it would invest $5 billion and partner with Intel on new products. Intel has also reportedly discussed a tie-up with Apple (AAPL). 

Intel’s stock has soared amid the shows of support. Shares have doubled in value since hitting a year-to-date low in early April, and are up about 80% since CEO Lip-Bu Tan sat down with President Donald Trump in early August. It was shortly after that meeting that talk of the government taking a stake in Intel seemed to turn the tide in its favor. 

President Trump has made reviving American manufacturing a cornerstone of his second term, and semiconductors have taken on extra importance in the context of the U.S/China AI arms race and geopolitical tensions centered on Taiwan, where the majority of the world’s most advanced semiconductors are made. The White House appears to think Intel is America’s best hope for making the kinds of chips deemed essential to securing technological and military superiority.

Securing AMD as a foundry customer would be a major win for Intel, which has struggled for years to compete with TSMC, the world’s largest and most advanced contract chip maker. 

Why a Foundry Deal May Not Be in the Cards
However, some analysts are skeptical that a foundry deal will materialize. 

“We could easily believe stories of companies (AMD or otherwise) seeking equity stakes, possibly at the encouragement of the administration,” wrote Bernstein analyst Stacy Rasgon in a note on Thursday. “Hopes for a foundry deal (from anyone) seem very premature to us though, and not just because Intel and AMD remain locked in a competitive product battle that the latter is clearly winning at the moment.”

The biggest challenge facing Intel in its efforts to strengthen its foundry business is capability, according to Bernstein. Intel’s new 18A manufacturing process, which is supposed to make chips faster and more energy efficient, “has suffered from delays and a general lack of foundry interest,” wrote Rasgon in August. And its next-gen 14A process, he says, is still years off. 

Investments from the government and tech partners may give Intel the capital it needs to improve its processes, but that will take time and Rasgon “suspect[s] concrete foundry announcements will have to wait until Intel can definitively demonstrate capability.” 

In the meantime, Rasgon expects to see more rumors of foundry deals bubble up as the White House carries on with its campaign to reinvigorate America’s industrial base. 

Do you have a news tip for Investopedia reporters? Please email us at

[email protected]
2025-10-02 18:27 2mo ago
2025-10-02 14:25 2mo ago
Prismo Metals Announces Results of Shareholder Meeting and Security Based Compensation Grants stocknewsapi
PMOMF
  Vancouver, British Columbia, October 2, 2025 – TheNewswire - Prismo Metals Inc. (“Prismo” or the “Company”) (CSE: PRIZ) (OTCQB: PMOMF) is pleased to announce that all matters were approved at the Company’s annual general and special meeting of shareholders held on October 2, 2025 (the “Meeting”).

At the Meeting, the Company’s shareholders elected a board of directors comprising Alain Lambert, Louis Doyle, Craig Gibson and Martin Dupuis, and approved the re-appointment of the Company’s current auditor, DeVisser Gray LLP. In addition, shareholders approved (a) the adoption of the new “rolling up to 20%” long-term incentive plan (the “Plan”) dated August 18, 2025; (b) the continuance of the Company from Canada into British Columbia under the Business Corporations Act (c) and a possible new corporate name as is determined by the directors of the Company.

The Company also announces that, pursuant to the Plan, it has granted a total of 850,000 stock options (the “Options”) to certain directors and officers of the Company and 100,000 Options to a consultant of the Company. The Options are each exercisable to purchase one common share of the Company (a “Common Share”) at an exercise price of $0.15 for a period of five years. The Options will vest over one year, with one-quarter of the Options vesting every three months.

The Company has also issued an aggregate of 725,000 restricted share units (the “RSUs”) to certain directors and officers of the Company. Each RSU entitles the holder to be issued one Common Share on vesting. The RSUs will vest over one year, with one-quarter of the RSUs vesting every three months.

About Prismo Metals Inc.

Prismo (CSE: PRIZ) is mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube

Prismo Metals Inc.

1100 - 1111 Melville St., Vancouver, British Columbia V6E 3V6

Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer [email protected]

Gordon Aldcorn, President [email protected]

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES

OR FOR DISSEMINATION IN THE UNITED STATES
2025-10-02 18:27 2mo ago
2025-10-02 14:25 2mo ago
It's Netflix Vs. Elon Musk In Two Weeks (Rating Upgrade) stocknewsapi
NFLX
SummaryI am upgrading Netflix, Inc. to a Buy with a $1,359 price target, reflecting optimism in its ad-supported tier and global content expansion to boost user engagement and monetization.Netflix’s Q2 FY 2025 saw strong revenue and earnings beats, driven by subscriber growth, higher pricing, and increased ad revenue, especially in UCAN, where revenue growth accelerated sequentially.Plus, Netflix’s new Ads Suite platform and enhanced user interface are expected to drive further engagement and monetization, supporting management's raised revenue outlook.There could be potential volatility from Elon Musk's "Cancel Netflix" campaign on user growth and retention, but ongoing innovation and content expansion position it well for its upcoming Q3 earnings. Wachiwit/iStock Editorial via Getty Images

Introduction & Investment Thesis When I last wrote about Netflix, Inc. (NASDAQ:NFLX) in April, I downgraded to a Hold, as I believed that the stock may see significant volatility if the management revises their

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

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.

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