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2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
K92 Mining Announces Strong Q4 Production Results – Record Annual Production, Multiple Operational Records, Upper End of Production Guidance Achieved, and Stage 3 Expansion Process Plant Commissioning Completed
VANCOUVER, British Columbia, Jan. 12, 2026 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce production results for the fourth quarter (“Q4”) of 2025 from its Kainantu Gold Mine in Papua New Guinea.
Q4 2025 Production Results
Strong quarterly production of 47,178 ounces gold equivalent (“AuEq”)(1) or 44,129 oz gold, 1,940,781 lbs copper and 47,427 oz silver (Figure 1). Quarterly sales of 41,344 oz gold, 1,726,051 lbs copper and 44,317 oz silver.Record annual production at the upper end of guidance, totaling 174,134 oz AuEq (or 176,995 oz AuEq using 2025 guidance commodity prices of $2,375/oz gold, $28/oz silver and $4.25/lb copper), comprising 164,484 oz gold, 5,942,203 lbs copper and 159,309 oz silver, representing a 16% increase from 2024. Annual production was within the Company’s 2025 guidance range of 160,000 to 185,000 oz AuEq. Record annual sales of 161,100 oz gold, 5,550,751 lbs copper and 154,559 oz silver were also achieved.Record quarterly ore processed of 186,198 tonnes (Figure 2), a 93% increase from Q4 2024, with a head grade of 8.0 grams per tonne (“g/t”) AuEq, or 7.4 g/t gold, 0.5% copper and 10 g/t silver, with a moderate positive gold and copper grade reconciliation versus the latest independent mineral resource estimate (September 12, 2023 effective date for Kora and Judd).Strong metallurgical recoveries in Q4 of 94.3% for gold and 93.9% for copper (Figure 3), exceeding the updated definitive feasibility study (“Updated DFS”) recovery parameters for gold (92.6%) and performing in line for copper (94.2%) (January 1, 2024 effective date). The new 1.2 million tonnes-per-annum Stage 3 Expansion Process Plant has performed well, commissioning was completed in December and, as at the end of October, all material was processed exclusively through the new plant.Record quarterly total material mined (ore plus waste) of 404,205 tonnes, benefitting from the commissioning of the first material pass in Q3 2025, combined with the commencement of surface trucks operating in the Twin Incline in late Q3 2025. Record total mine development of 2,787 metres (a 12% increase from Q3 2025), which included a new monthly development record of 1,027 metres achieved in October 2025, supported by the completion of a number of infrastructure and operational improvement initiatives. The operation continues to balance lateral development priorities with the completion of key underground projects, including prioritizing less efficient, lower equivalent lateral advance jumbo activities, such as the completion of the Puma Ventilation Drive and the underground pastefill excavations. Importantly, a number of these projects are approaching completion in Q1 2026 (as outlined below) which, once delivered, will increase jumbo availability for operational mine development. Record quarterly ore mined of 157,882 tonnes, with mining activity across 15 levels, including the 1010, 1090, 1110, 1225, 1305, 1325, 1345, 1365, 1385 and 1405 levels at Kora, the 1185, 1345, 1365, 1385 and 1405 levels at Judd – long hole open stoping performed to design. Stage 3 Expansion – Commissioning of Stage 3 Plant Complete and Readily Achieving Design Targets
Commissioning and Performance Testing of the new 1.2 million tonnes-per-annum Stage 3 Expansion Process Plant was completed in December, with the plant handed over from the projects team to the operations team in December. Daily throughput records of 3,822 tonnes and 3,794 tonnes were achieved on December 14th and 13th, respectively. As at December 31, 2025, 95% of Stage 3 Expansion growth capital has either been spent or committed and remains on budget.During Q4, significant progress was made on key pastefill infrastructure projects including the underground Pastefill Plant, Surface Tailings Filtration Plant and the Surface Storage Facility. Concrete works for the filter press structure at the Surface Tailings Filtration Plant are complete with substantial progress made on the structural steel erection, mechanical systems, and electrical switchroom installation. Paste Binder and Filter Cake Storage Facility construction is advancing well, with detailed design and bulk earthworks complete and civil and concrete works now underway. Significant progress was made on the underground Pastefill Plant during the quarter with the 1205 Silo Chamber excavation complete and progressive release of excavation areas for construction scheduled to commence this month. The overall plant design is complete and the major contracts executed. Long-lead items for the various pastefill infrastructure projects continue to arrive on site. Progressive commissioning remains on schedule to commence mid-Q1 2026, with practical completion of commissioning of the pastefill circuit scheduled for H2 2026.During the quarter, several key Stage 3 Expansion underground construction and operational excellence projects were completed or are approaching completion, including:Phase 2 Ventilation Upgrade – Full ventilation upgrade completed in Q4. This upgrade has delivered a 30% increase in primary mine airflow (150 m3/s to 200 m3/s), enabling two major productivity improvements: i) reduced re-entry times after blasting, and; ii) reduced blast initiation time with the introduction of the recently commissioned centralized blasting system which enables remote initiation from surface.Phase 3 Ventilation Upgrade – The Puma Ventilation Drive remains on schedule for completion in Q1 2026 and is now within 15 m of surface breakthrough. Surface works are complete ahead of the breakthrough, and upon breakthrough, primary mine airflow is expected to increase to 250 m3/s, further reducing blast re-entry times and meeting the airflow requirements for the Stage 3 Expansion.Stage 4 Expansion Ventilation Upgrade – Mechanical installation of two 2 MW variable-speed drive fans was completed in late Q4, with HV electrical works and associated infrastructure now advancing. Electrification is scheduled for completion in Q1 2026. Once commissioned, primary mine airflow capacity is expected to increase to approximately 600 m³/s (expandable to ~700 m³/s via benching of the Puma Ventilation Drive), providing ventilation capacity in excess of requirements for the Stage 4 Expansion and life-of-mine operations. To conserve power, the fans will initially operate at ~350 m³/s and ramp up incrementally as required. The completed upgrade will also enable modification of the ventilation circuit, allowing the Twin Incline to operate under a highly efficient one-way traffic flow utilizing both inclines.Decline-Incline Convergence Project connecting the Main Mine with the Twin Incline via internal ramp access – Significant progress was achieved in Q4 with 257 metres of advance completed, leaving less than 50 metres of development remaining. Upon completion, scheduled for Q1 2026, this project is expected to deliver major operational efficiency improvements, with the Main Mine becoming accessible by the highly productive Twin Incline, and all mining fronts will be connected via an internal ramp, allowing for one-way traffic flow.Significant Load & Haulage Fleet Expansion Underway – A new Sandvik 517i loader has recently commenced operation, an additional Sandvik 517i loader is scheduled to be operational next month, and two more loaders are scheduled to arrive on site in Q2 2026. This will increase the underground loader fleet by two units and also replace two high-hour units. The truck fleet is significantly expanding, with five 30 tonne surface haul trucks having arrived on site in Q3 2025, plus six new 60 tonne surface trucks scheduled to arrive in H1 2026, and a further two new 60 tonne surface trucks scheduled to arrive in Q4 2026 – these trucks will haul from underground in the Twin Incline directly to the process plant. Additionally, two Sandvik TH545i (45 tonne) low-profile underground trucks are scheduled to arrive on site in Q4 2026, replacing high-hour units. This significant expansion and replacement of our load and haulage fleet combined with infrastructure efficiencies via the Twin Incline, Decline-Incline Convergence Project, ventilation upgrades and material passes will considerably increase our material movement capabilities. Primary Power Station – Phase 1 Power Station Expansion to 10.7 MW prime power output (increased from 8.8 MW) of generation capacity was installed and commissioned in Q4. Since commissioning, the site has seen minimal power disruption to both the process plant and underground mine. Phase 2 Power Station Expansion has progressed significantly, with civil works for the planned expansion to 15.3 MW prime power output to deliver Stage 4 Expansion power requirements, now complete. Long-lead orders have been ordered and completion is planned for Q2 2026. This will provide standby power during any unexpected outages from the local hydroelectric grid. Installed power capacity is 1.5 MW greater than prime power output as there has been an allowance made for one generator to be on standby, supporting continuous load operation and preventative maintenance programs. Two new mining fronts have been substantially developed, including five sublevels on the Twin Incline mining front and four sublevels on the Lower Kora mining front.
Note (1): Gold equivalent production for Q4 2025 is calculated based on: gold $4,131 per ounce; silver $56.44 per ounce; and copper $5.11 per pound. Gold equivalent grade for Q4 incorporates realized recoveries of 94.3% for Au, 93.9% for Cu and 82.6% for Ag.
John Lewins, K92 Chief Executive Officer and Director, stated, “We are very pleased with the performance of the Kainantu Gold Mine in the fourth quarter, closing out a year of significant achievements for K92. The Company delivered record annual production at the upper half of guidance, and finished the year strongly, with multiple operational records achieved in the fourth quarter.
During the quarter, we also achieved a major milestone with the successful completion of commissioning and Performance Testing of the 1.2 million tonnes-per-annum Stage 3 Expansion Process Plant. First gold pour and concentrate production were delivered in October, with commissioning completed in December. Plant performance has been strong, with recoveries exceeding design and multiple daily throughput records achieved well above nameplate, providing a solid foundation as we continue to optimize performance. The plant was also delivered under budget, which is a significant achievement for the Company.
With the Stage 3 Expansion on budget and approximately 95% of growth capital already spent or committed as at December 31, 2025, supported by a record net-cash position, multiple projects recently completed or nearing completion that are expected to unlock additional significant productivity, and exploration concurrently ramping up, we are well positioned to take another major step forward in 2026.”
See Figure 1: Quarterly Production, Cash Cost and AISC Chart
See Figure 2: Quarterly Ore Processed, Development, and Mined Material Chart
See Figure 3: Gold and Copper Recoveries Chart
Table 1 – 2025 & 2024 Annual Production Data
2024 Q1 2025Q2 2025Q3 2025Q4 20252025 Tonnes ProcessedT427,821 103,449 130,337 137,172 186,198 557,156 Feed Grade Aug/t10.7 14.3 8.3 10.7 7.4 9.7 Feed Grade Cu%0.55% 0.50% 0.55% 0.47% 0.53% 0.51% Recovery (%) Au%94.6% 95.8% 93.3% 95.0% 94.3% 94.7% Recovery (%) Cu%94.1% 95.1% 94.9% 94.6% 93.9% 94.5% Metal in Conc & Doré Prod Auoz139,123 45,735 32,375 42,244 44,129 164,484 Metal in Conc Prod CuT2,235 518 697 600 880 2,695 Metal in Conc Prod Agoz142,063 34,085 42,966 34,831 47,427 159,309 Gold Equivalent Productionoz149,515 47,817 34,816 44,323 47,178 174,134 Notes – Gold equivalent for Q4 2025 is calculated based on:
gold $4,131 per ounce; silver $56.44 per ounce; and copper $5.11 per pound.
Gold equivalent for Q3 2025 is calculated based on:
gold $3,507 per ounce; silver $38.71 per ounce; and copper $4.49 per pound.
Gold equivalent for Q2 2025 is calculated based on:
gold $3,299 per ounce; silver $33.41 per ounce; and copper $4.31 per pound.
Gold equivalent for Q1 2025 is calculated based on:
gold $2,855 per ounce; silver $31.73 per ounce; and copper $4.26 per pound
Gold equivalent for 2024 is calculated based on:
gold $2,450 per ounce; silver $28.41 per ounce; and copper $4.15 per pound.
Qualified Person
K92 Mine Chief Geologist, Andrew Kohler, PGeo, a qualified person under the meaning of Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and is responsible for the technical content of this news release. Data verification by Mr. Kohler includes significant time onsite reviewing drill core, face sampling, underground workings, and discussing work programs and results with geology and mining personnel.
Technical Report
The Updated Definitive Feasibility Study and mineral resource estimate for the Kainantu Gold Mine Project in Papua New Guinea is presented in a technical report, titled, “Independent Technical Report, Kainantu Gold Mine, Updated Definitive Feasibility Study, Kainantu Project, Papua New Guinea” dated March 21, 2025, with an effective date of January 1, 2024.
About K92
K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing plant expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
On Behalf of the Company,
John Lewins, Chief Executive Officer and Director
For further information, please contact David Medilek, P.Eng., CFA, President and Chief Operating Officer at +1-604-416-4445
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive Feasibility Study, including the Stage 3 Expansion, a new standalone 1.2 million tonnes-per-annum process plant and supporting infrastructure; (ii) statements regarding the expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion, operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv) the potential extended life of the Kainantu Mine.
All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic viruses; changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry, including problems related to weather and climate in remote areas in which certain of the Company’s operations are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that mineral resources may never be converted into mineral reserves; the Company’s ability to carry on current and future operations, including development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper; failures of information systems or information security threats; political, economic and other risks associated with the Company’s foreign operations; geopolitical events and other uncertainties, such as the conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions, including relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred to in the Company’s Annual Information Form under the heading “Risk Factors”.
Estimates of mineral resources are also forward-looking statements because they constitute projections, based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, Forward-looking statements are not a guarantee of future performance, and actual results and future events could materially differ from those anticipated in such statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause actual results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Figure 2: Quarterly Ore Processed, Development, and Mined Material Chart
Figure 3: Gold and Copper Recoveries Chart
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c25ac04e-1fd1-4118-9a5b-e5da98984907
https://www.globenewswire.com/NewsRoom/AttachmentNg/042efd2d-3ea6-49c0-96d0-f8853b3888a8
https://www.globenewswire.com/NewsRoom/AttachmentNg/5c8554cc-c41a-4d44-8780-764fe77f5b9d
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
Amphastar Pharmaceuticals Announces Exclusive License Agreement with Nanjing Hanxin Pharmaceutical Technology Co., Ltd. for Fully Synthetic Corticotropin Compound
Agreement expands Amphastar's proprietary peptide pipeline into broader inflammatory and autoimmune conditions
RANCHO CUCAMONGA, CA / ACCESS Newswire / January 12, 2026 / Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) today announced that it has entered into an exclusive license agreement (the "Agreement") with Nanjing Hanxin Pharmaceutical Technology Co., Ltd. ("Hanxin") for the development, and commercialization of a fully synthetic and highly purified human adrenocorticotropic hormone (ACTH) analogs (also termed corticotropin), now designated AMP-110, in the United States and Canada. AMP-110 is designed to address inflammatory and autoimmune conditions with a potentially improved safety profile compared to porcine-derived ACTH products.
"AMP-110 represents a strategically important addition to our growing proprietary peptide portfolio," said Dr. Jack Zhang, Amphastar's President and Chief Executive Officer. "This asset aligns with our long-term vision to develop innovative proprietary products. The fully synthetic nature of AMP-110 offers a potential for a differentiated safety profile, and we believe this program positions us well in a meaningful and growing therapeutic category."
Under the terms of the Agreement, Hanxin is granting Amphastar an exclusive license to certain intellectual property related to AMP-110 in the United States and Canada. Additionally, Hanxin will receive a non-exclusive license from Amphastar for certain intellectual property to develop and commercialize the compound in all other territories.
As part of the Agreement, Amphastar made an upfront payment of $2 million to Hanxin upon signing, with additional payments to Hanxin consisting of up to $14 million in development milestone payments and up to $75 million in sales milestone payments. In addition, Amphastar will pay Hanxin royalty payments, which are not to exceed $7.5 million each calendar year and a maximum accumulated amount of $60 million. Hanxin will also pay Amphastar a royalty payment of net sales that are based on any patents licensed by Amphastar to Hanxin under the agreement.
AMP-110 is currently in early-phase human clinical development with early human studies demonstrating a promising safety profile. According to data from manufacturers in the market, in 2024, the U.S ACTH market exceeds $684 million annually, with indications including for the treatment of acute exacerbations of multiple sclerosis, rheumatoid arthritis, gouty arthritis, systemic lupus erythematosus, ophthalmic inflammatory conditions, and infantile spasms.
About Amphastar Pharmaceuticals, Inc.
Amphastar is a biopharmaceutical company that focuses primarily on developing, manufacturing, marketing, and selling technically-challenging generic and proprietary injectable, inhalation, and intranasal products. Additionally, the Company sells insulin active pharmaceutical ingredient products. Most of the Company's finished products are used in hospital or urgent care clinical settings and are primarily contracted and distributed through group purchasing organizations and drug wholesalers. More information is available at the Company's website at www.amphastar.com.
The Amphastar Pharmaceuticals' logo, and other trademarks or service marks of Amphastar Pharmaceuticals, Inc., including, but not limited to BAQSIMI®, Primatene MIST®, REXTOVY®, Amphadase®, and Cortrosyn®, are the property of Amphastar Pharmaceuticals, Inc.
Forward Looking Statements
All statements in this press release referenced above that are not historical are forward-looking statements, including, among other things, statements relating to our expectations regarding our expected future development and commercialization of AMP-110 under the licensing agreement, the potential benefits of AMP-110, financial performance and business trends, our future growth, sales and marketing of our products, market size and expansion, the strategic trajectory of and market for our product pipeline, the ability to commercialize additional therapies, and our manufacturing in-house expertise. These statements are not facts but rather are based on Amphastar's historical performance and our current expectations, estimates, and projections regarding our business, operations, and other similar or related factors. Words such as "may," "might," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond Amphastar's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in Amphastar's filings with the Securities and Exchange Commission ("SEC"), including in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 3, 2025, in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the SEC on May 8, 2025, in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 7, 2025, in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 6, 2025, and our other filings or reports that we may file with the SEC. In particular, there can be no guarantee that our sales strategies will be successful, or that we will continue to experience significant sales of BAQSIMI®. You can locate these reports through our website at http://ir.amphastar.com and on the SEC's website at www.sec.gov. The forward-looking statements in this release speak only as of the date of the release. Amphastar undertakes no obligation to revise or update information or any forward-looking statements in this press release referenced above to reflect events or circumstances in the future, even if new information becomes available or if subsequent events cause our expectations to change.
Contact:
Bill Peters
Chief Financial Officer
(909) 476-3416
SOURCE: Amphastar Pharmaceuticals, Inc.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
Hudbay Announces Closing of $600 Million Strategic Investment from Mitsubishi Corporation for 30% Joint Venture Interest in Copper World
TORONTO, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) is pleased to announce the closing of the previously announced strategic investment from Mitsubishi Corporation (“Mitsubishi”) for a 30% joint venture interest (the “JV Transaction”) in Copper World LLC, which owns the fully-permitted Copper World project in Arizona (“Copper World”). On closing, Mitsubishi contributed approximately $420 million of cash to Copper World LLC, and it will contribute an additional $180 million in cash to complete its initial investment within 18 months in accordance with the terms of the definitive subscription agreement, as further described in Hudbay’s August 13, 2025 news release. Mitsubishi will also fund its pro-rata 30% share of future equity capital contributions required to construct Copper World. All dollar amounts are in U.S. dollars, unless otherwise noted.
“Closing of the JV Transaction with Mitsubishi marks the beginning of a long-term strategic partnership, an exciting new chapter for Copper World and an important growth milestone for Hudbay,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer. “Thanks to the collaborative efforts between the Hudbay and Mitsubishi teams, we are pleased to welcome our new Copper World joint venture partner. This strategic partnership will leverage our organizations’ complementary strengths to deliver this world-class project that will increase Hudbay’s consolidated copper production by more than 50% and create significant value for all of our stakeholders. We are ideally positioned to build one of the next major copper mines in the U.S. and produce ‘Made in America’ copper for the U.S. critical minerals supply chain.”
Hudbay Continues to Prudently Advance Copper World Towards a Sanction Decision in 2026
Realized Accretive JV Transaction – The successful closing of the highly accretive $600 million JV Transaction represents a significant de-risking milestone in advancing Copper World and further validates the premium long-term value of this world-class asset. The $420 million of proceeds from Mitsubishi will be used to directly fund the remaining definitive feasibility study ("DFS") costs and pre-sanction costs in addition to the initial project development costs for Copper World. Mitsubishi will contribute an additional $180 million within 18 months to complete its initial investment and will also fund its pro-rata 30% share of future equity capital contributions. The JV Transaction increases the project IRR to Hudbay to approximately 90% based on pre-feasibility study (“PFS”) estimatesi.
Secured Premier Strategic Joint Venture Partner – Mitsubishi is one of the largest Japanese trading houses with a global mining presence and a significant U.S.-based business. Mitsubishi is the partner of choice with investments in a world-class portfolio of large and high-quality copper assets, including five of the top twenty copper mines globally by 2024 production. This partnership validates the attractive long-term value of Copper World as a world-class copper asset and endorses the strong technical capabilities of Hudbay. It also represents the beginning of a long-term strategic partnership, and the parties are identifying other opportunities for collaboration to advance their respective copper growth strategies.
Achieved Key Elements of Hudbay's Three Prerequisites (3-P) Plan – Hudbay has achieved the final key elements of its prudent 3-P financial strategy for the development of Copper World with the closing of the JV Transaction and the achievement of stated balance sheet targets. Before accounting for proceeds from the JV Transaction, Hudbay has already achieved more than $600 million in cash and cash equivalents and reduced its net debt to adjusted EBITDA ratio to 0.5x as of September 30, 2025, far exceeding the stated balance sheet targets. The Mitsubishi initial investment and its future pro-rata equity capital contributions, together with the Wheaton Precious Metals Corp. streamii, provide significant financial flexibility by reducing Hudbay’s estimated share of the remaining capital contributions to approximately $200 million based on PFS estimates and deferring Hudbay's first capital contribution to 2028 at the earliest.
Feasibility Study and Detailed Engineering Underway – Feasibility activities for Copper World are well underway with expected completion of the DFS in mid-2026. Hudbay has continued to execute detailed engineering work and other de-risking activities, in preparation for a Copper World sanction decision expected in 2026. Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable Canadian and United States securities legislation. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.
Forward-looking information includes, but is not limited to, expectations regarding the anticipated benefits of the JV Transaction to Hudbay, Mitsubishi and the United States, the consummation and timing of the DFS, Hudbay’s expectations for the Copper World project, including its project sanctioning timelines, future spending, project economics, future production profile and life of mine plan, and the benefits, timing and consummation of the amended Wheaton Precious Metals Corp. stream agreement. Forward-looking information is not, and cannot be, a guarantee of future results or events. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking-information.
The material factors or assumptions that Hudbay identified and were applied in drawing conclusions or making forecasts or projections set out in the forward-looking information include, but are not limited to, obtaining the minor permits required for Copper World Phase I, no significant unanticipated challenges, litigation or delays to the advancement of Copper World, maintaining the Company’s 3-P plan for sanctioning Copper World, including the DFS meeting the targeted IRR, no change in legislation or regulations and no other political or economic developments that would impact the Company’s ability to advance Copper World.
Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Accordingly, you should not place undue reliance on forward-looking information. Hudbay does not assume any obligation to update or revise any forward-looking information after the date of this news release or to explain any material difference between subsequent actual events and any forward-looking information, except as required by applicable law.
About Hudbay
Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States.
Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum. Hudbay’s growth pipeline includes the Copper World project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations.
The value Hudbay creates and the impact it has is embodied in its purpose statement: “We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities.” Hudbay’s mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations.
For further information, please contact:
Candace Brûlé
Senior Vice President, Capital Markets & Corporate Affairs
(416) 362-8181 [email protected]
______________________________
i Based on the initial capital investment and the $3.75 per pound copper price used in the PFS published on September 8, 2023 with assumptions of approximately $145 million for pre-sanctioning costs, $230 million from the precious metals stream, $350 million from project-level financing and approximately $700 million from Mitsubishi’s $420 million initial investment, $180 million investment within 18 months and its pro-rata 30% share of future equity capital contributions.
ii For further information regarding the terms agreed to with Wheaton Precious Metals Corp. to enhance and amend the existing precious metals streaming agreement, please see Hudbay’s August 13, 2025 news release.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
Datavault AI Celebrates Successful Completion of Dream Bowl XIV, Pioneering Blockchain Innovation in Sports Entertainment
On January 10, 2026, a few dozen of NFL Alumni Greats (click here for a list of participating athletes) live-autographed 100 Footballs (click here to view the autographed NFL Alumni Footballs) and 500 Jerseys (click here to view the autographed NFL Alumni Jerseys);
Starting on February 1, 2026, these special, one-time, live-autographed memorabilia items are to be given away by lottery to eligible holders of Dream Bowl Meme Coin I tokens and, following their distribution date (currently set for February 21, 2026), Dream Bowl Meme Coin II tokens and will be tradable on the upcoming International NIL Exchange;
$25,000 E-Sports Scholarships Raised by Sponsors were Given to Dream Bowl Madden and Team E-Sports Champions; and
70 Student Star Athletes Showcased their Talent to USFL, NFL and European League Scouts (click here to view the Special Dream Bowl XIV Participants' Jerseys).
PHILADELPHIA, PENNSYLVANIA / ACCESS Newswire / January 12, 2026 / Datavault AI Inc. (NASDAQ:DVLT) ("Datavault AI" or the "Company"), a leader in AI-driven data valuation, data monetization, credentialing, and digital engagement technologies, today announced the triumphant conclusion of Dream Bowl XIV, held at AT&T Stadium in Arlington, Texas. This landmark event, broadcast live on ESPN+, marked a historic milestone in sports innovation with the college game bowl first with tokenized autograph sessions, blending cutting-edge blockchain technology with elite collegiate football talent.
The Dream Bowl XIV showcased 70 NFL draft prospects from NCAA FCS, Division II, and Division III programs, delivering an unforgettable all-star game experience. Fans and participants alike witnessed thrilling on-field action, culminating in a hard-fought victory for Crusaders over Patriots, 39-30. Off the field, Datavault AI's proprietary platforms powered immersive digital experiences, including real-time data analytics and secure asset tokenization.
"This year's Dream Bowl not only celebrated the dedication and talent of these exceptional athletes but also set a new standard for fan engagement through our AI and Web 3.0 solutions," said Nathaniel Bradley, CEO of Datavault A. "By integrating quantum-secure blockchain for tokenized autographs and memorabilia, we've created immutable digital assets that preserve sports history while opening new revenue streams for athletes, teams, and fans. The overwhelming positive feedback from participants, scouts, and viewers underscores the success of this collaboration."
Key highlights from Datavault AI's rollout of its proprietary technologies at the Dream Bowl XIV include:
- Tokenized Autograph Session: Featuring a few dozens of professional and collegiate stars, fans received verifiable, blockchain-anchored digital collectibles, ensuring authenticity and ownership in the Web 3.0 era.
- Meme Coin Distribution: Holders of the original Dream Bowl Meme Coin token (the "Dream Bowl Meme Coin I") will qualify for an exclusive merchandise lottery starting the week of February 1, 2026, and continuing throughout 2026, featuring up to 3,000 limited-edition The Dream Bowl autographed memorabilia items. Following the distribution date of the Dream Bowl Meme Coin II tokens (currently set for February 21, 2026) to certain record holders of Datavault AI securities as of January 7, 2026 (the "Dream Bowl Meme Coin II" and together with the Dream Bowl Meme Coin I, the "Dream Bowl Meme Coins"), such holders will also qualify for such awards.
- Enhanced Fan Experiences: Leveraging Datavault AI's Information Data Exchange ® and Data Vault® platform, attendees accessed personalized digital twins, name, image and likeness licensing opportunities, and real-time analytics, fostering deeper connections between fans and athletes.
- Broadcast Reach: The event reached millions via ESPN+, amplifying visibility for emerging talent and Datavault AI's technologies in sports & entertainment.
In partnership with Cutting Edge Sports Management and co-sponsors such as Scilex Holding Company and Wellgistics Inc., the Dream Bowl honored the legacy of Dr. Martin Luther King Jr. by promoting excellence, commitment, and opportunities for underrepresented athletes. Over the weekend, players enjoyed professional scouting sessions, and networking events, creating lasting memories and career pathways.
Datavault AI remains committed to expanding its footprint in sports, events, and venues through high-performance computing infrastructure and proprietary software. Looking ahead, the company plans to build on this success with future events, further integrating AI and blockchain to revolutionize data ownership, privacy, and monetization.
Footage of the event can be found here for the next 7 days.
About Datavault AI
Datavault AI™ (Nasdaq:DVLT) leads AI-driven data experiences, valuation, and monetization in the Web 3.0 environment. The Company's cloud-based platform delivers comprehensive solutions through its collaborative Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division includes WiSA®, ADIO®, and Sumerian® patented technologies for spatial and multichannel wireless HD sound. The Data Science Division harnesses Web 3.0 and high-performance computing for experiential data perception, valuation, and secure monetization across industries including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy. The Information Data Exchange® (IDE) enables Digital Twins and secure NIL licensing, fostering responsible AI with integrity. Datavault AI's customizable technology suite offers AI/ML automation, third-party integration, analytics, marketing automation, and advertising monitoring. Headquartered in Philadelphia, PA. Learn more at www.dvlt.ai.
Forward-Looking Statements
This press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. ("Datavault AI," the "Company," "us," "our," or "we") and our industry that involve risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words, such as "may," "might," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," "likely" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding our the anticipated lottery of The Dream Bowl memorabilia items, including the nature, quantity and identity of such items, the successful integration of Datavault AI's proprietary technologies with the anticipated lottery of The Dream Bowl memorabilia items, and Datavault AI's potential distribution of Dream Bowl Meme Coin II tokens and the timing thereof, are necessarily based upon estimates and assumptions that, while considered reasonable by Datavault AI and its management, are inherently uncertain. Forward-looking statements are based on the current beliefs, assumptions, and expectations of management and current market conditions. Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the ability of Datavault AI to develop and successfully market its proprietary technologies following The Dream Bowl; regulatory and intellectual property risks associated with the anticipated future lottery of The Dream Bowl memorabilia items; the possible failure to Datavault AI to successfully realize the anticipated benefits of its proprietary technologies; risks related to legal proceedings that may be instituted against Datavault AI regarding the Dream Bowl Meme Coins and the distribution thereof to Datavault AI's eligible equity holders; risks associated with Datavault AI's rights to change the record date and the payment date of the distribution of, and/or to revoke, the anticipated dividend distribution of Dream Bowl Meme Coin II tokens to Datavault AI's eligible equity holders; changes in economic, market or regulatory conditions; risks relating to evolving regulatory frameworks applicable to tokenized assets; and other risks and uncertainties as more fully described in Datavault AI's filings with the U.S. Securities and Exchange Commission (the "SEC") including its Annual Report on Form 10-K for the year ended December 31, 2024 and other filings that Datavault AI makes from time to time with the SEC, which are available on the SEC's website at www.sec.gov, and could cause actual results to vary from expectations.
The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date hereof or to reflect new information or the occurrence of unanticipated events, except as required by law. Datavault AI may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI's forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments it may make.
Heineken N.V. reports the progress of transactions under its current share buyback programme
Amsterdam, 12 January 2026 - Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) hereby reports transaction details related to the first €750 million tranche of its €1.5 billion share buyback programme as communicated on 12 February 2025.
From 5 January 2026 up to and including 9 January 2026 a total of 182,115 shares were repurchased on exchange at an average price of € 68.52. During the same period, 219,305 shares were repurchased from Heineken Holding N.V.
Up to and including 9 January 2026, a total of 10,288,304 shares were repurchased under the share buyback programme for a total consideration of € 730,795,264 (including shares repurchased from Heineken Holding N.V.).
Heineken N.V. publishes on a weekly basis, every Monday, an overview of the progress of the share buyback programme on its website: https://www.theheinekencompany.com/investors/share-information/share-buyback-programme
Enquiries
Media InvestorsChristiaan Prins Tristan van StrienDirector of Global Communication Global Director of Investor RelationsMarlie Paauw Lennart Scholtus / Chris SteynGlobal Media Lead Investor Relations Manager / Senior AnalystE-mail: [email protected] E-mail: [email protected] Tel: +31-20-5239355 Tel: +31-20-5239590 Regulatory information
This press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs.
Editorial information:
HEINEKEN is the world's pioneering beer company. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 340 international, regional, local and specialty beers and ciders. With HEINEKEN’s over 85,000 employees, we brew the joy of true togetherness to inspire a better world. Our dream is to shape the future of beer and beyond to win the hearts of consumers. We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. We operate breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on our Company's website and follow us on LinkedIn and Instagram.
HNV_SBB 2025_Weekly update_12-Jan-2026
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
PlusAI Launches Southern Europe's First Autonomous Trucking Program with IVECO
SANTA CLARA, Calif. & TURIN, Italy--(BUSINESS WIRE)--PlusAI, a leader in AI software for autonomous trucks, announced an expansion of its long-standing partnership with IVECO, the commercial vehicle brand of Iveco Group N.V. (EXM: IVG). Together, the companies will launch the first deployment of heavy-duty trucks equipped with Level 4 Autonomous Driving Systems (ADS) in Southern Europe, in collaboration with Spanish logistics operator Sesé and the Government of Aragon. This announcement comes on the heels of PlusAI’s planned public listing via a business combination with Churchill Capital Corp IX (Nasdaq: CCIX).
PlusAI and IVECO will launch the first deployment of heavy-duty trucks equipped with Level 4 Autonomous Driving Systems (ADS) in Southern Europe, in collaboration with Spanish logistics operator Sesé and the Government of Aragon.
Share Under this program, PlusAI and IVECO will develop two IVECO S-Way heavy-duty trucks integrated with PlusAI’s SuperDrive™ virtual driver, enabling Level 4 autonomous capabilities. The autonomous trucks will undergo multi-year testing starting in 2026. For the entire trial period, these trucks will operate with a safety operator on board on freight routes between Madrid and Zaragoza, a corridor spanning approximately 300 km (184 miles).
“Autonomous trucks are a transformative technology that could dramatically improve road safety and reshape commercial freight transportation worldwide,” said Shawn Kerrigan, COO and Co-Founder of PlusAI. “We are proud to deepen our partnership with IVECO and demonstrate how autonomous driving technology can enhance safety, efficiency, and sustainability while strengthening Europe’s supply chains.”
Marco Liccardo, Chief Technology & Digital Officer at Iveco Group, added: “Vehicle automation is a key pillar of Iveco Group’s technology strategy. We are thrilled to reinforce our strong partnership with PlusAI to further innovate our ADAS and ADS technologies on board IVECO trucks. This project will take us forward on our journey to offer customers the highest quality technology for increasingly sustainable transport."
This initiative builds on years of joint research and testing between PlusAI and Iveco Group, including advanced Level 2+ and Level 4 programs. It also marks a significant milestone as PlusAI moves into its next phase of growth as a publicly traded company through its previously announced business combination with Churchill Capital Corp IX (Nasdaq: CCIX).
Upon closing, the combined company will operate as “PlusAI” and is expected to be listed on Nasdaq under the ticker symbol “PLS.” The business combination remains subject to approval by Churchill IX shareholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions. The business combination is expected to close in Q1 of 2026.
About PlusAI
PlusAI is an artificial intelligence company pioneering AI-based virtual driver software for factory-built autonomous trucks. Headquartered in Silicon Valley with operations in the United States and Europe, PlusAI was named by Fast Company as one of the World’s Most Innovative Companies. Partners including TRATON GROUP’s Scania, MAN, and International brands, Hyundai Motor Company, Iveco Group, Bosch, and DSV are working with PlusAI to accelerate the deployment of next-generation autonomous trucks. PlusAI announced in June 2025 that it plans to go public via a merger with Churchill Capital Corp IX (Nasdaq: CCIX). For more information, visit www.plus.ai or follow PlusAI on LinkedIn and YouTube.
About Churchill Capital Corp IX
Churchill IX is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue an initial business combination target in any business or industry.
Additional Information About the Proposed Transaction and Where to Find It
The proposed transaction will be submitted to shareholders of Churchill IX for their consideration. Churchill IX has filed a registration statement on Form S-4 with the SEC, which includes and will include a preliminary proxy statement/prospectus and definitive proxy statement/prospectus, respectively, to be distributed to Churchill IX’s shareholders in connection with Churchill IX’s solicitation of proxies for the vote by Churchill IX’s shareholders in connection with the proposed transaction and other matters described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to PlusAI stockholders in connection with the completion of the proposed transaction. After the Registration Statement has been filed and declared effective, a definitive proxy statement/prospectus and other relevant documents will be mailed to PlusAI stockholders and Churchill IX shareholders as of the record date established for voting on the proposed transaction. Before making any voting or investment decision, Churchill IX shareholders, PlusAI stockholders and other interested persons are advised to read the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus, as well as other documents filed with the SEC by Churchill IX in connection with the proposed transaction, as these documents will contain important information about Churchill IX, PlusAI and the proposed transaction. Shareholders may obtain a copy of the preliminary proxy statement/prospectus, and the definitive proxy statement statement/prospectus once available, as well as other documents filed by Churchill IX with the SEC, without charge, at the SEC’s website located at www.sec.gov or by directing a written request to Churchill Capital Corp IX, 640 Fifth Avenue, 12th Floor, New York, NY 10019.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements may be identified by the use of words such as “plan,” “project,” “will,” “estimate,” “intend,” “expect,” “believe,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. We have based these forward-looking statements on current expectations and projections about future events. These statements include: expectations regarding the completion of the business combination between PlusAI and Churchill IX; estimates of customer adoption rates and usage patterns; projections regarding the value and capabilities of autonomous driving solutions; projections of development and commercialization timelines; expectations regarding PlusAI’s ability to execute its business model; expectations regarding safety and system maturity of SuperDrive; PlusAI’s deployment of virtual driver software; PlusAI’s expectations concerning relationships with strategic partners, suppliers, governments, regulatory bodies and other third parties; future ventures or investments in companies, products, services, or technologies; the potential benefits of the proposed transaction and expectations related to its terms and timing; and the potential for PlusAI to increase in value.
These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions, many of which are beyond the control of PlusAI and Churchill IX.
These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such statements. Such risks and uncertainties include: that PlusAI is pursuing an emerging technology, faces significant technical challenges and may not achieve commercialization or market acceptance; PlusAI’s historical net losses and limited operating history; PlusAI’s expectations regarding future financial performance, capital requirements and unit economics; PlusAI’s use and reporting of business and operational metrics; PlusAI’s competitive landscape; PlusAI’s dependence on members of its senior management and its ability to attract and retain qualified personnel; the capital requirements of PlusAI’s business plans and the potential need for additional future financing; PlusAI’s ability to manage growth and expand its operations; potential future acquisitions or investments in companies, products, services or technologies; PlusAI’s reliance on strategic partners and other third parties; PlusAI’s ability to maintain, protect and defend its intellectual property rights; risks associated with privacy, data protection or cybersecurity incidents and related regulations; the use and regulation of artificial intelligence and machine learning; uncertainty or changes with respect to laws and regulations; uncertainty or changes with respect to taxes, trade conditions and the macroeconomic environment; the combined company’s ability to maintain internal control over financial reporting and operate a public company; the possibility that required regulatory approvals for the proposed transaction are delayed or are not obtained, which could adversely affect the combined company or the expected benefits of the proposed transaction; the risk that shareholders of Churchill IX could elect to have their shares redeemed, leaving the combined company with insufficient cash to execute its business plans; the occurrence of any event, change, or other circumstance that could give rise to the termination of the business combination agreement; the outcome of any legal proceedings or government investigations that may be commenced against PlusAI or Churchill IX; failure to realize the anticipated benefits of the proposed transaction; the ability of Churchill IX or the combined company to issue equity or equity-linked securities in connection with the proposed transaction or in the future; and other factors described in Churchill IX’s filings with the SEC. Additional information concerning these and other factors that may impact such forward-looking statements can be found in filings and potential filings by PlusAI, Churchill IX or the combined company resulting from the proposed transaction with the SEC, including under the heading “Risk Factors.” If any of these risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, these statements reflect the expectations, plans and forecasts of PlusAI’s and Churchill IX’s management as of the date of this communication; subsequent events and developments may cause their assessments to change. While PlusAI and Churchill IX may elect to update these forward-looking statements at some point in the future, they specifically disclaim any obligation to do so. Accordingly, undue reliance should not be placed upon these statements.
In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this communication, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements.
An investment in Churchill IX is not an investment in any of our founders’ or sponsors’ past investments, companies or affiliated funds. The historical results of those investments are not indicative of future performance of Churchill IX, which may differ materially from the performance of our founders’ or sponsors’ past investments.
Participants in the Solicitation
Churchill IX, PlusAI and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from Churchill IX’s shareholders in connection with the proposed transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Churchill IX’s shareholders in connection with the proposed transaction will be set forth in proxy statement/prospectus/consent solicitation statement when it is filed by Churchill IX with the SEC. You can find more information about Churchill IX’s directors and executive officers in Churchill IX’s final prospectus related to its initial public offering filed with the SEC on May 1, 2024 and in the Annual Reports on Form 10-K filed by Churchill IX with the SEC. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus/consent solicitation statement when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus/consent solicitation statement carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources described above.
No Offer or Solicitation
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This communication is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
IVECO and PlusAI launch new Level 4 Autonomous Driving programme in Spain
January 12, 2026 06:00 ET | Source: Iveco Group N.V.
Turin, Italy / Santa Clara, CA, 12th January 2026. IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, announces a new programme with long-standing partner PlusAI, a global leader in AI-based virtual driver software for autonomous trucks. The two companies plan to launch the first deployment in Southern Europe of heavy-duty trucks with Level 4 Autonomous Driving Systems (ADS), working in cooperation with Spanish logistics operator Sesé and the Government of Aragon, Spain.
Under the programme, IVECO and PlusAI will develop two heavy-duty trucks equipped with Level 4 autonomous driving capabilities powered by the PlusAI SuperDrive™ virtual driver. The autonomous trucks will undergo multi-year testing starting in 2026 with a safety operator on board throughout the entire trial period. These IVECO S-Way heavy-duty vehicles are targeted to operate autonomously on freight routes for Sesé, travelling between Madrid and Zaragoza, the capital of the Aragon region, along a freight corridor measuring approximately 300 km (184 miles).
Marco Liccardo, Chief Technology & Digital Officer, Iveco Group, commented: “Vehicle automation is a key pillar of Iveco Group’s technology strategy. We are thrilled to reinforce our strong partnership with PlusAI to further innovate our ADAS and ADS technologies on board IVECO trucks. This project will take us forward on our journey to offer customers the highest quality technology for increasingly sustainable transport.”
“Autonomous trucks are a transformative technology that could dramatically improve road safety and reshape commercial freight transportation around the world. We are proud to extend our partnership with IVECO to cover Level 4 autonomous trucking operations in Germany and Spain,” said Shawn Kerrigan, COO and Co-Founder of PlusAI. “Together with Sesé, we’re demonstrating how autonomous driving technology can improve the safety, efficiency, and sustainability of trucking, and strengthen the competitiveness of Europe’s supply chains.”
Iveco Group has been researching and developing autonomous and connected driving solutions for years, including conducting joint testing and pilots with PlusAI on highly advanced Level 2+ and Level 4 programmes, to deliver safer, cleaner, smarter and more efficient transport solutions. PlusAI is moving into its next phase of growth as a publicly traded company via its previously announced business combination with Churchill Capital Corp IX (Nasdaq: CCIX).
Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The seven brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs 36,000 people around the world and has 19 industrial sites and 30 R&D centres. Further information is available on the Company’s website www.ivecogroup.com
January 12, 2026 06:00 ET | Source: Biodesix, Inc.
Estimated Q4 2025 Revenue of $28.8 million, an increase of 41%;
Grew full-year revenue to an estimated $88.5 million, an increase of 24%;
Affirms guidance of Adjusted EBITDA positivity in Q4 2025.
LOUISVILLE, Colo., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Biodesix, Inc. (Nasdaq: BDSX) (the company), a leading diagnostic solutions company, today announced its preliminary financial results for the fourth quarter and year ended December 31, 2025 (fiscal 2025). The financial results included in this release pertaining to the fourth quarter and fiscal 2025 are preliminary, unaudited, and subject to final review and adjustment.
“Biodesix finished 2025 with a strong fourth quarter delivering full year estimated revenue of $88.5 million, exceeding the top end of our increased guidance of $84-$86 million,” said Scott Hutton, Chief Executive Officer. “Throughout the year, we delivered accelerating growth in our Lung Diagnostics testing revenue, driven by an increase in test volumes and continued expansion of reimbursement. We also grew our Development Services revenue while advancing key partnerships.
“2025 was another significant year for Biodesix as we presented and published new clinical and health economic data that directly support both our on-market and pipeline products. Based on our strong revenue flow-through and operating leverage, we are affirming our expectation of positive Adjusted EBITDA in the fourth quarter. I am exceptionally proud of the Biodesix team’s accomplishments in 2025 and their unwavering commitment to the healthcare professionals and the patients we serve. I look forward to building on this momentum in 2026.”
Preliminary Unaudited Fourth Quarter and Full-Year 2025 Financial Highlights
Total revenue is estimated to be $28.8 million and $88.5 million for the fourth quarter and fiscal 2025, respectively, an increase of 41% and 24% over the respective prior year comparable periods; Lung Diagnostics revenue is estimated to be $25.2 million and $79.2 million for the fourth quarter and fiscal 2025, respectively, an increase of 47% and 22% over the respective prior year comparable periods. Test volumes were 18,000 and 62,600 for the fourth quarter and fiscal 2025, respectively, an increase of 23% and 15% over the respective prior year comparable periods. The increase in Lung Diagnostics revenue was driven by growth in test volumes, an increase in average revenue per test, and approximately $1.0 million in collections from claims older than one year. Lung Diagnostics revenue excluding claims older than one year was $24.2 million, with core organic growth of 41% over the prior year comparable period;Development Services revenue is estimated to be $3.6 million and $9.3 million for the fourth quarter and fiscal 2025, respectively, an increase of 13% and 41% over the respective prior year comparable periods. Cash and cash equivalents of $19.0 million as of December 31, 2025, a 14% increase over the third quarter of 2025, which is inclusive of $2.3 million in at-the-market proceeds during the quarter. Excluding the at-the-market proceeds, the cash balance was $16.7 million, an increase of $0.1 million compared with the cash balance of $16.6 million at the end of the third quarter of 2025. The financial information above is preliminary and subject to Biodesix’s normal quarter and year-end accounting procedures and external audit by the company's independent registered public accounting firm. In addition, these preliminary unaudited results are not a comprehensive statement of the company’s financial results for the year ended December 31, 2025, should not be viewed as a substitute for full, audited financial statements prepared in accordance with generally accepted accounting principles, and are not necessarily indicative of the company’s results for any future period.
About Biodesix
Biodesix is a leading diagnostic solutions company, driven to improve clinical care and outcomes for patients. Biodesix Diagnostic Tests, marketed as Nodify Lung® Nodule Risk Assessment and IQLung® Cancer Treatment Guidance, support clinical decisions to expedite personalized care and improve outcomes for patients with lung disease. Biodesix Development Services enable the world’s leading biopharmaceutical, life sciences, and research institutions with scientific, technological, and operational capabilities that fuel the development of diagnostic tests, tools, and therapeutics. For more information, visit biodesix.com.
Trademarks: Biodesix, Biodesix Logo, Nodify Lung, and IQLung are trademarks or registered trademarks of Biodesix, Inc.
Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “plan,” “expect,” “predict,” “potential,” “opportunity,” “goals,” or “should,” and similar expressions are intended to identify forward-looking statements. Such statements are based on management’s current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors. Biodesix has based these forward-looking statements largely on its current expectations and projections about future events and trends. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions. Forward-looking statements may include information concerning possible or assumed future results of operations, including descriptions of our revenues, profitability, outlook, and overall business strategy, the timing and assumptions regarding collection of revenues on projections, availability of funds and future capital, the anticipated impact and benefits of new clinical data, reimbursement coverage and research partnerships, the impact of enhanced U.S. tariffs, import/export restrictions or other trade barriers on the company and its operations and financial performance and management’s preliminary views regarding the company’s performance. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Other factors that could cause actual results to differ materially from those contemplated in this press release can be found in the Risk Factors section of our most recent Annual Report on Form 10-K, filed March 3, 2025, or subsequent quarterly reports on Form 10-Q during 2025, as applicable. Biodesix undertakes no obligation to revise or publicly release the results of any revision to such forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.
GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced a $1.8 billion increase to its previously announced $1.2 billion financing led by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”), bringing the total investment in QXO to $3 billion. Apollo, Temasek, and certain other investors have agreed to make the investment through the previously disclosed series of convertible perpetual preferred stock (the “Series C Preferred Stock”). The investment further strengthens QXO’s financial flexibility to pursue strategic acquisition opportunities.
Under the investment agreement, the investors have committed to purchase Series C Preferred Stock to fund one or more qualifying acquisitions through July 15, 2026. This commitment will be extended for up to an additional 12 months if a definitive acquisition agreement is executed before the initial commitment period expires. Any issuance of the Series C Preferred Stock will close at or around the closing of the qualifying acquisition(s).
The offer and sale of the foregoing securities are being made in a transaction not involving a public offering. The securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be reoffered or resold in the United States except through an effective registration statement or an applicable exemption from the registration requirements. The Company has agreed to use commercially reasonable efforts to file a prospectus supplement with the Securities and Exchange Commission (“SEC”) to register the resale of the Series C Preferred Stock and underlying common stock issuable upon conversion.
This press release is issued pursuant to Rule 135c under the Securities Act and does not constitute an offer to sell or a solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About QXO
QXO is the largest publicly traded distributor of roofing, waterproofing, and complementary building products in North America. The company plans to become the tech-enabled leader in the $800 billion building products distribution industry and generate outsized value for shareholders. QXO is targeting $50 billion in annual revenues within the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2025, Apollo had approximately $908 billion of assets under management. To learn more, please visit www.apollo.com.
About Temasek
Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$434 billion (US$324 billion) as at 31 March 2025. Its Purpose “So Every Generation Prospers” guides it to make a difference for today’s and future generations. Temasek seeks to build a resilient and forward-looking portfolio that will deliver sustainable returns over the long term. It has 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia. For more information on Temasek, please visit www.temasek.com.sg.
Forward-looking statements
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact, including statements with respect to the issuance of the Series C Preferred Stock and the terms thereof, are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory” or the negative of these terms or other comparable terms. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.
These forward-looking statements are subject to known and unknown risks, uncertainties, and assumptions that may cause actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to a material difference include the risks discussed in our filings with the SEC, and the following:
an inability to obtain the products we distribute, resulting in lost revenues and reduced margins and damaging our relationships with customers; a change in supplier pricing and demand, which may adversely affect our income and gross margins; a change in vendor rebates, which may adversely affect our income and gross margins; our inability to identify potential acquisition targets or successfully complete acquisitions on acceptable terms; risks related to maintaining our safety record; the possibility that building products distribution industry demand may soften or shift substantially due to cyclicality or dependence on general economic and political conditions, including inflation or deflation, interest rates, governmental subsidies or incentives, consumer confidence, labor and supply shortages, weather and commodity prices; the possibility that regional, national or global barriers to trade, including trade wars, could increase the cost of products in the building products distribution industry, which could adversely impact the competitiveness of such products and the financial results of businesses in the industry; seasonality, weather-related conditions and natural disasters; risks related to the proper functioning of our information technology systems, including threats related to cybersecurity and artificial intelligence; loss of key talent or our inability to attract and retain new qualified talent; risks related to work stoppages, union negotiations, labor disputes and other matters associated with our labor force or the labor forces of our suppliers or customers; the risk that the anticipated benefits of our acquisition of Beacon Roofing Supply, Inc. (the “Beacon Acquisition”) or any future acquisition may not be fully realized or may take longer to realize than expected; the effect of the Beacon Acquisition or any future acquisition on our business relationships with employees, customers or suppliers, operating results and the business generally; unexpected liabilities, costs, charges, expenses or accounting adjustments resulting from the Beacon Acquisition or any future acquisition or difficulties in integrating and operating acquired companies; risks related to the Company’s obligations under the indebtedness incurred in connection with the Beacon Acquisition; the risk that the Company is or becomes highly dependent on the continued leadership of Brad Jacobs as chairman and chief executive officer and the possibility that the loss of Mr. Jacobs in these roles could have a material adverse effect on the Company’s business, financial condition and results of operations; the possible economic impact of the Company’s outstanding warrants and preferred stock on the Company and the holders of its common stock, including market price volatility, dilution from the exercise or conversion of the warrants or preferred stock, or the impact of dividend payments from preferred stock that remains outstanding; challenges in raising additional equity or debt capital from public or private markets to pursue the Company’s business plan and the effects that raising such capital may have on the Company and its business; the possibility that new investors in any future financing transactions could gain rights, preferences and privileges senior to those of the Company’s existing stockholders; risks associated with periodic litigation, regulatory proceedings and enforcement actions, which may adversely affect the Company’s business and financial performance; the impact of legislative, regulatory, economic, competitive and technological changes; unknown liabilities and uncertainties regarding general economic, business, competitive, legal, regulatory, tax and geopolitical conditions; and other factors, including those set forth in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and subsequent Quarterly Reports on Form 10-Q. All forward-looking statements set forth in this release are qualified by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized or, even if substantially realized, that they will have the expected consequences for or effects on us or our business or operations. Forward-looking statements set forth in this release speak only as of the date hereof, and we do not undertake any obligation to update forward-looking statements except to the extent required by law.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
Rockwell Medical Adds 30 New Customers in the West
WIXOM, Mich.--(BUSINESS WIRE)--Rockwell Medical, Inc. (the "Company") (Nasdaq: RMTI), a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products to dialysis providers worldwide, today announced that the Company has added 30 new customers in the western portion of the United States.
With its expanded distribution capabilities, Rockwell Medical is now a viable alternative supplier in the western U.S. and is able to more efficiently deliver hemodialysis concentrates products to its existing customers with facilities in that region.
Share "Over the past several months, the hemodialysis concentrates supply chain has experienced meaningful disruption, particularly in the western United States," said Mark Strobeck, Ph.D., President and CEO of Rockwell Medical. "Historically, hemodialysis concentrates supplier options in the west have been extremely limited. To stabilize the supply chain and ensure uninterrupted access to life-sustaining treatments for vulnerable patients with end-stage kidney disease, Rockwell Medical moved quickly to ensure product availability by rapidly scaling production and expanding our logistics infrastructure to address vital customer demand. As a result, we are now serving customers across the continental United States with our reliable supply chain and high-quality hemodialysis products."
The Company’s new customer base includes, but is not limited to, a large, integrated, non-profit healthcare system; a comprehensive chronic kidney disease and dialysis care organization serving patients throughout California; a community-based, non-profit acute care hospital; and an innovation-driven renal care center developing and delivering next-generation artificial kidney solutions. With its expanded distribution capabilities, Rockwell Medical is now a viable alternative supplier in the western United States and is able to more efficiently deliver hemodialysis concentrates products to its existing customers with facilities in that region.
About Rockwell Medical
Rockwell Medical, Inc. (Nasdaq: RMTI) is a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products for dialysis providers worldwide. Rockwell Medical's mission is to provide dialysis clinics and the patients they serve with the highest quality products supported by the best customer service in the industry. Rockwell is focused on innovative, long-term growth strategies that enhance its products, its processes, and its people, enabling the Company to deliver exceptional value to the healthcare system and provide a positive impact on the lives of hemodialysis patients. Hemodialysis is the most common form of end-stage kidney disease treatment and is typically performed in freestanding outpatient dialysis centers, hospital-based outpatient centers, skilled nursing facilities, or a patient’s home. Rockwell Medical's products are vital to vulnerable patients with end-stage kidney disease, and the Company is relentless in providing unmatched reliability and customer service. Certified as a Great Place to Work® in 2023, 2024 and 2025, and named Fortune Best Workplaces in Manufacturing & Production™ in 2024 and 2025, Rockwell Medical is Driven to Deliver Life-Sustaining Dialysis Solutions™. For more information, visit www.rockwellmed.com.
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as, "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "could," "can," "would," "develop," "plan," "potential," "predict," "forecast," "project," "intend," "look forward to," "remain confident," “are determined,” “are committed to,” “are on track,” “are resolute in our vision,” "work to," "drive towards," “focused on,” “seeks to” or the negative of these terms, and similar expressions, or statements regarding intent, belief, or current expectations, are forward looking statements. While Rockwell Medical believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties (including, without limitation, those set forth in Rockwell Medical's SEC filings), many of which are beyond our control and subject to change. Actual results could be materially different. Risks and uncertainties include, but are not limited to those risks more fully discussed in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2024, as such description may be amended or updated in any future reports we file with the SEC. Rockwell Medical expressly disclaims any obligation to update our forward-looking statements, except as may be required by law.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
European Wax Center, Inc. Provides Update Ahead of the 2026 ICR Conference
Reports fiscal 2025 net center closings Updates fiscal 2025 financial outlook PLANO, Texas, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, provides an update on fiscal 2025 expected performance ahead of meetings at the 2026 ICR Conference in Orlando, Florida. Chris Morris, Chairman and Chief Executive Officer of European Wax Center, Inc., stated: “We are pleased with the progress made in 2025 across our key business priorities, which has helped establish a stronger foundation for the company.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
UnitedHealth Group deployed aggressive tactics to collect payment-boosting diagnoses for its Medicare Advantage members, a Senate committee investigating the company's practices said
Edmonton, Alberta--(Newsfile Corp. - January 12, 2026) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) ("Canamera" or the "Company") reports initial assay results from rock chip sampling on its Iron Hills Project located in Colorado. Multiple samples returned indicative concentrations of rare earth elements ("REEs") exceeding the laboratory's upper detection limit of 1,000 parts per million ("ppm").
The Company collected 48 rock chip samples during its recent staking program, which was announced on December 2, 2025. Assay results from American Assay Laboratories in Reno, Nevada, indicate the potential for strong rare earth enrichment across the project. Over-limit results were indicated for neodymium, a magnet rare earth critical to electric vehicle motors and wind turbines; yttrium, a heavy rare earth element; and cerium, an indicator of broader total rare earth oxide ("TREO") potential. Preliminary results include heavy rare earth oxide ("HREO") results ranging from 175 ppm to 2,386 ppm enrichment.
"The frequency and diversity of over-limit results from this initial sampling program is encouraging," stated Brad Brodeur, Chief Executive Officer. "We collected 48 samples during the staking process and multiple returned indicative values above the lab's 1,000 ppm detection cap for key rare earth elements. These results support continued exploration to define the potential scale of mineralization on our claims. The Company believes these results are particularly noteworthy given the project's location in the United States, where rare earth elements are designated as critical minerals due to their importance to clean energy, advanced manufacturing and national supply chains."
Highlights
48 rock chip samples collected during the staking program, with 12 samples returning over-limit results (>1,000 ppm) for TREOSamples 28, 29 and 47 exceeded 1,000 ppm neodymium (Nd), a critical magnet rare earthSample 9 exceeded 1,000 ppm yttrium (Y), a heavy rare earth element, with elevated values of other heavy rare earthsFour samples exceeded 1,000 ppm cerium (Ce), indicating TREO potentialFollow-up analytical work with extended detection ranges planned
Figure 1: Selected Rock Chip Results - Samples with Over-Limit REE Values
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11828/280010_canamerafig1.jpg
Note: "Over-limit" indicates concentrations exceeding the laboratory's analytical upper detection limit of 1,000 ppm. Follow-up analyses are required to determine actual concentrations.
The prospecting program represents an initial surface evaluation of Canamera's recently staked claims (the Iron Hills Project) in the Powderhorn district of Colorado. The Powderhorn thorium rare earth district has been described by the United States Geological Survey USGS as hosting a large, district-scale thorium rare earth element system.
Yttrium is classified as a heavy rare earth element, which is generally less abundant than light rare earths and is often associated with higher-value REE assemblages. The presence of additional heavy rare earths in samples 25-356028-9 further strengthens the technical merit of these results.
The samples collected during the prospecting phase were classified as grab, where the entire rock is taken or as selective where the geologist focuses on small portion of outcrop or subcrop to retrieve a sample. In either case the nature of sampling may not be representative of underlying mineralization, nor may it represent the true grade or style of mineralization across the property. The Company is of the opinion that the strength, frequency and elemental diversity of the over-limit results strongly support continued exploration.
Next Steps
The Company has submitted the over-limit samples for additional analysis using methods capable of accurately measuring higher rare earth concentrations with results expected in the coming weeks. The samples will also be assayed for precious metals, including gold, given the geological association of rare earth mineralization with other mineral systems in the Iron Hill district. The Company plans to undertake follow-up sampling and analytical programs designed to accurately measure higher rare earth concentrations and the potential for REE mineralization.
Quality Assurance / Quality Control (QA/QC)
All samples were placed in labeled 3-mil polyethylene bags, sealed with cable ties, and stored under the direct supervision of Company personnel prior to delivery to American Assay Laboratories ("AAL") in Reno, Nevada. The samples were analyzed using the IM-4AB61 analytical package, which includes a four-acid digestion followed by ICP analysis for 61 elements. Elevated barite concentrations were noted, and certain elements, such as cerium (Ce), exceeded the upper detection limits of the method. All samples are currently being reanalyzed by fire assay with an atomic absorption (AA) finish for gold and other precious metals, and select overlimit samples will undergo sodium peroxide fusion to obtain quantitative results.
The Company implemented an industry-standard QA/QC program consisting of the regular insertion of certified reference standards, blanks, and field duplicates into the sample stream, in addition to the internal quality control procedures employed by AAL. AAL is an independent, ISO-accredited laboratory and has no known relationship with the Company.
About Canamera Metals Corp.
Canamera Energy Metals Corp. is a critical minerals exploration company building a diversified portfolio of interests in energy metals and rare earth element projects across the Americas, including options in the Great Divide Basin uranium project in Wyoming, and the Turvolândia and São Sepé rare earth element projects in Brazil. In Canada, the Company's portfolio includes the options to purchase 90% of Schryburt Lake and 100% of the Garrow rare earth and niobium projects in Ontario and the Mantle project in British Columbia. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions, applying geochemical, geophysical, and geological datasets to generate and advance high-conviction, first-mover exploration targets. For more information, visit www.canamerametals.com.
The scientific and technical information in this news release has been reviewed and approved by Warren Robb, P.Geo. (British Columbia), Vice-President, Exploration of the Company and a "Qualified Person" as defined by National Instrument 43-101.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information is identified by words such as "expects," "anticipates," "plans," "will," "potential," and similar expressions, or statements that events or results "will," "may," or "could" occur.
Forward-looking information in this release includes statements regarding: the Company's planned exploration activities and strategies; and the Company's ability to advance the Iron Hills Project and other projects within its portfolio.
Forward-looking information is based on assumptions considered reasonable by the Company at the date of this release, including: the timely receipt of the availability of personnel, equipment, and financing to conduct planned activities; stable commodity prices; and favourable operating conditions. Forward-looking information is subject to risks and uncertainties that could cause actual results to differ materially, including: delays in receiving exploration results; uncertainties in the interpretation of geological and geochemical data; failure of exploration to identify mineral resources; changes in commodity prices for rare earth elements and uranium; availability of financing; permitting and regulatory risks; and general risks associated with mineral exploration.
Additional risk factors are described in the Company's continuous disclosure filings available at www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except as required by applicable securities laws.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280010
Source: Canamera Energy Metals Corp.
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2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
Equity Acquisition of Nanyue Diankong (Hengyang) Industrial Technology
, /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("Yuchai"), wishes to announce that Yuchai has acquired 83,918,495 shares of Nanyue Diankong (Hengyang) Industrial Technology Company Limited ("NYDK"), representing a 27.97% equity interest, for a consideration of approximately RMB 176.2 million in cash. Following the acquisition, Yuchai has become the second-largest shareholder of NYDK.
Yuchai has also entered into a concerted action agreement with Hunan Hengyang Auto Parts Factory, the largest shareholder of NYDK. This agreement enables Yuchai to secure operational control over NYDK, including, among other things, the right to nominate six out of nine directors on NYDK's board of directors and designate its general manager. The NYDK acquisition enhances Yuchai's supply chain in key components used in its powertrain solutions.
NYDK is a national high-tech and industry leader specializing in fuel injection systems, including common rail systems, unit pumps and mechanical pumps.
About China Yuchai International
China Yuchai International Limited, through its subsidiary Guangxi Yuchai Machinery Company Limited ("Yuchai"), is one of the leading powertrain solution providers in China. Yuchai specializes in the design, manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications. Yuchai offers a comprehensive portfolio of powertrain solutions, including but not limited to diesel, natural gas, and new energy products such as pure electric, range extenders, and hybrid and fuel cell systems. Through its extensive network of regional sales offices and authorized customer service centers, Yuchai distributes its engines directly to auto OEMs and distributors while providing after-sales services across China and globally. Founded in 1951, Yuchai has established a reputable brand name, built a strong research and development team, and achieved a significant market share in China. Known for its high-quality products and reliable after-sales support, Yuchai has also expanded its footprint into overseas markets. In 2024, Yuchai sold 356,586 engines, further solidifying its position as a leading manufacturer and distributor of engines in China. For more information, please visit https://www.cyilimited.com
Safe Harbor Statement:
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "confident that", "continue to", "predict", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements, including, but not limited to, statements concerning China Yuchai's and the joint ventures' operations, financial performance and condition, are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China, including those discussed in China Yuchai's Form 20-Fs under the headings "Risk Factors", "Results of Operations" and "Business Overview" and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date they are made and China Yuchai specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
For more information:
Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: [email protected]
SOURCE China Yuchai International
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
Nexus Uranium Announces Public Hearing Date for Chord Exploration Permit
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: JA7) ("Nexus" or the "Company") is pleased to announce that, following the pre-hearing conference held on January 6, 2026, the South Dakota Department of Agriculture & Natural Resources ("DANR") has scheduled the public hearing before the Board of Minerals and Environment ("Mineral Board") for the Company's Chord uranium exploration permit application for March 18-20, 2026.
The Mineral Board hearing represents the final step in the state permitting process for Nexus to receive its exploration drill permit at Chord. This milestone is the culmination of an extensive and exhaustive permitting effort that the Company initiated in March 2024 when it first submitted its Exploration Notice of Intent ("EXNI") to the DANR. Additional information regarding the Chord EXNI application process can be found at: https://danr.sd.gov/Environment/MineralsMining/Exploration/NewEXNIS.aspx.
Throughout this process, the Company has worked collaboratively with multiple inter-governmental agencies including the DANR, the South Dakota State Historic Preservation Office ("SHPO"), and the South Dakota Department of Game, Fish, and Parks. The Company has satisfied all requisite concerns and comments from every agency involved, including the completion and submission of comprehensive environmental, wildlife, and archaeological studies and reports. In several instances, the Company has surpassed the standard requirements for studies, reports, and disclosure in order to address any potential concerns proactively.
"Securing a public hearing date before the Mineral Board marks a significant milestone for Nexus and our Chord project," said Jeremy Poirier, CEO. "This hearing represents the final stage in a rigorous and thorough state permitting process that we initiated nearly two years ago. I am proud of the constructive relationships our team has built with state agencies and the high standards we have maintained throughout this process. We look forward to presenting our application before the Board and advancing Chord towards a spring/summer drill program."
About the South Dakota Department of Agriculture & Natural Resources
The South Dakota Department of Agriculture & Natural Resources is the state agency responsible for protecting and preserving South Dakota's agriculture, environment, and natural resources through effective regulatory services, natural resource conservation, and financial and technical assistance. The DANR Minerals and Mining Program regulates mineral exploration, mining, and oil and gas development in South Dakota. The program ensures that mineral exploration and development is conducted in a manner that minimizes environmental impact and that affected lands are reclaimed and useable after resources have been extracted. Prior to initiating most forms of mineral exploration or development, operators must file a formal notice or obtain a permit from the state.
About Nexus Uranium Corp.
Nexus Uranium is a Canadian exploration company focused on uranium projects in North America. In the United States, the Company holds the Chord and Wolf Canyon projects in South Dakota, and the South Pass project in Wyoming. The Great Divide Basin project in Wyoming is now under option to Canamera Energy Metals Corp. In Canada, Nexus holds the Mann Lake project in Saskatchewan's Athabasca Basin. For more information, visit www.nexusuranium.com.
--
FOR FURTHER INFORMATION PLEASE CONTACT:
Jeremy Poirier
Chief Executive Officer [email protected]
Forward-Looking Statements
This news release contains forward-looking information within the meaning of applicable Canadian securities legislation, including statements regarding the scheduled public hearing before the Board of Minerals and Environment, the anticipated outcome of the permitting process, the timing of potential exploration permit approval, the planned exploration activities at the Chord project, and the Company's ability to advance its uranium projects. Forward-looking information is based on assumptions considered reasonable by management as of the date hereof, including favourable regulatory outcomes, continued cooperation with state agencies, the availability of financing for planned exploration activities, and the absence of material changes to applicable laws and regulations. Actual results may differ materially due to risks and uncertainties, including changes in law, policy, or regulatory interpretation; outcomes of permitting processes and public hearings; the potential for opposition to mining activities; market conditions for uranium; and other factors described under "Risk Factors" in the Company's continuous disclosure filings available on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking information. Nexus undertakes no obligation to update forward-looking information except as required by law.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279976
Source: Nexus Uranium Corp.
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2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
First Canadian Graphite Inc. Announces Commencement of Airborne Electromagnetic (EM) and Magnetic Surveys and Expands Land Holdings
Montreal, QC – TheNewswire - January 12th, 2026 — First Canadian Graphite Inc. (the “Company” or “FCI”) (TSX-V: FCI; Frankfurt: BK2; OTC Pink: GBMIF) is pleased to announce that the airborne electromagnetic (EM) and magnetic surveys has commenced over its flagship Berkwood Graphite Project, located on the Quebec's North Shore, southwest of the Manicouagan Reservoir. Prospectair, an industry leader in Airborne Geophysical surveys, is executing the survey planned to cover five high priority targets to assess the probability and geographical scope of hosted graphite occurrences.
EM is the preferred geophysical method to locate highly conductive graphite orebodies and the ProspecTEM TDEM system developed by Prospectair is particularly well suited for this type of operation due to its specific ability to preferentially highlight the better surface conductors at or near surface and penetrate depth. While EM serves to identify potential graphite occurrences the magnetic component will help in tracing the geological structures and different rock types adding another layer of useful information for groundwork and anticipated drilling which will follow-up during Spring/Summer of 2026.
FCI is also pleased to announce that an additional 125 claims, 6769.41 hectares, have been staked in the surrounding and immediate area of its Berkwood project. This puts the total claims at the Berkwood Graphite Project at 315 claims covering 16,542 ha or 165.42 km. 2 The Company has already started reviewing the new claims and may add additional EM flyover plans to these additional properties. These additional claims represent a 72% increase in the Company’s land holdings and makes First Canadian Graphite the largest land holder in the area.
Additional updates from the EM airborne survey and future plans for exploration and ground work will be released as available. The FCI team is excited to kick off 2026 with a strong program to further develop and expand potential on Berkwood’s high quality, large flake graphite project.
The Berkwood Graphite project is comprised of several distinct separate claim blocks with most of them historically surface sampled and showing graphite at surface. To date only two of these claim blocks have been drilled by First Canadian, representing about only ten percent of the conductive anomalies on all of the claims. To date the 43-101 report is taken strictly from just Zone 1, one of the numerous properties. The Company plans on evaluating the results from the high resolution airborne EM and magnetic geophysical surveys to target a planned Spring/Summer drill program.
Follow this link for the complete 43-101 report: https://wp-firstcanadiangraphite-2025.s3.ca-central-1.amazonaws.com/media/2025/09/ReportFINAL_compressed.pdf
ABOUT FIRST CANADIAN GRAPHITE INC.
First Canadian Graphite Inc. is an exploration Company advancing its flagship Berkwood Graphite Project, located in northern Quebec, Canada. The Company has a 43-101 Resource Estimate Report revealing 3.2 million tonnes of indicated and inferred graphite, averaging grades of 17%.
Qualified Person:
Mr. Antoine Fournier (P.Geo), is a Qualified Person (“QP”) as defined by National Instrument 43-101 guidelines – Standards of Disclosure for Mineral Projects (“NI 43-101”), and has reviewed the technical information of this news release. Historical information contained in this news release is derived from previous workers Assessment Reports and has not been field verified.
Pessamit Innu First Nation
First Canadian Graphite respectfully acknowledges that the Berkwood Project is located within the traditional territory of the Pessamit Innu First Nation. The Company is committed to fostering respectful, transparent, and collaborative relationships with local Indigenous communities throughout the development process.
Forward-Looking Statements
This press release contains forward-looking statements, including statements about demand, pricing trends, strategic positioning, and the expected benefits of China’s export controls. These statements are based on assumptions and beliefs of management and involve risks and uncertainties, which may cause actual results to differ materially from those anticipated.
About the Berkwood Graphite Project
The Berkwood Graphite Project is located within the jurisdiction of Quebec, in the Manicouagan Regional County Municipality, three hours driving time from the city of Baie-Comeau. Easy access is provided via a major secondary road and numerous tertiary and forest roads that traverse the property.
The Zone 1 resource lies 8 km southwest of Nouveau Monde’s deposit which has a $3.5 billion NPV on it. The Companies Zone 1 resource, and that of Nouveau Monde, share many similar geological characteristics, with the Zone 1 resource being of exceptionally high grade and coarse flake size by global standards.
The current mineral resource at the Berkwood Graphite Project includes in-pit constrained resource totaling 1,755,300 tonnes of indicated resources at 17.00 % Cgr and 1,526,400 tonnes in inferred resources at 16.39 % Cgr.
Table 2: In-pit Resource at Lac Gueret South Project (rounded numbers)
Current Resources (as of June 17th, 2019)
Minerals Resources Category
Tonnage (Mt)
Grade (% Cgr)
Cgr (t)
Cut off
Indicated
1.76
17.0
299,200
6.81%
Inferred
1.53
16.4
250,200
6.81%
The mineral resource estimates above are described in the technical report entitled, NI 43-101 Technical Report Mineral Resource Estimate on the Lac Gueret South Graphite Property, Quebec, Canada. With an Effective date of June 30th, 2019, by Edward Lyons, PGeo., Florent Baril, ing., and Claude Duplessis, ing.
Disclaimer for Forward-Looking Information: Certain statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in this news release include that the Company will carry out the drill program described in this news release, conduct the Offering and expend funds on Berkwood Graphite Project exploration. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include that further permits may not be granted timely or at all; the mineral claims may prove to be unworthy of further expenditure; there may not be an economic mineral resource; methods we thought would be effective may not prove to be in practice or on our claims; economic, competitive, governmental, environmental and technological factors may affect the Company's operations, markets, products and prices; our specific plans and timing drilling, field work and other plans may change; we may not have access to or be able to develop any minerals because of cost factors, type of terrain, or availability of equipment and technology; and we may also not raise sufficient funds to carry out our plans. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedar.com. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect. Except as required by law, we will not update these forward-looking statement risk factors. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
West Signs Agreement to Sell the Manufacturing and Supply Rights for SmartDose® 3.5mL On-Body Delivery System to AbbVie
, /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that the company has reached a definitive agreement to sell all manufacturing and supply rights for SmartDose® 3.5mL On-Body Delivery System and associated facilities to AbbVie (NYSE: ABBV) for total consideration of $112.5 million at close, subject to working capital and other adjustments. The definitive agreement, which is subject to certain closing conditions, is expected to close in mid-2026.
West is committed to the continued commercial supply of SmartDose® 3.5mL On‑Body Delivery System along with the execution of ongoing critical project execution commitments prior to close, which includes the potential for future project payments on achievement of milestones prior to closing.
"West pioneered the innovation of the on-body delivery device technology for complex injectable medicines, which has improved the lives of people around the world," said Eric M. Green, President, Chief Executive Officer and Chair of the Board. "As part of our portfolio review, we have determined it is best to transition the SmartDose 3.5mL product to AbbVie. This decision aligns with our ongoing commitment to our customer development pipeline and patient-centric approach for large dose on-body delivery devices to drive durable and profitable growth."
SmartDose 3.5mL On-Body Delivery System revenues are anticipated to be approximately 4 percent of revenues in fiscal year 2025. The company expects to provide additional details when it gives 2026 guidance on its fourth quarter 2025 earnings call in February. West will continue to develop and manufacture all other versions of SmartDose, including SmartDose® 10mL On-Body Delivery System, adaptive technology for larger volumes.
About West
West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With over 10,000 team members across 50 sites including 25 manufacturing facilities worldwide, West helps support our customers by delivering over 41 billion components and devices each year.
Headquartered in Exton, Pennsylvania, West in its fiscal year 2024 generated $2.89 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST) and is included on the Standard & Poor's 500 index. For more information, visit www.westpharma.com.
All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries, in the United States and other jurisdictions, unless otherwise noted.
Forward-Looking Statements
This release contains statements that constitute forward-looking statements within the meaning of federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may include such words as "expected," "anticipated" and other similar terminology. These statements are based on management's current expectations, estimates, and include, but are not limited to, statements in this press release regarding the anticipated timing of closing of the sale of the SmartDose 3.5mL manufacturing and supply rights to AbbVie, the expected proceeds from the transaction, the anticipated revenues from the SmartDose 3.5mL On-Body Delivery System for fiscal year 2025, and other future events. These forward-looking statements are subject to risks, uncertainties and other factors that are in some cases beyond our control. Factors that could cause actual results to differ materially from those expressed or implied include, but are not limited to: the ability to obtain required regulatory approvals; the satisfaction of closing conditions on a timely basis; and failure to realize the anticipated benefits of the transaction. For a description of certain additional factors that could cause the Company's future results to differ from those expressed in any such forward-looking statements, see the Company's Annual Report on Form 10-K for the year ended December 31, 2024, including the section captioned "Item 1A, Risk Factors" and other filings with the United States Securities and Exchange Commission, including any updates to the risk factors in the Company's quarterly reports on Form 10-Q and current reports on Form 8-K.
The forward-looking statements included in this communication are made only as of the date hereof. Except as required by law or regulation, we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE West Pharmaceutical Services, Inc.
2026-01-12 11:092mo ago
2026-01-12 06:002mo ago
AbbVie to Acquire Arizona Manufacturing Facility, Further Strengthening Manufacturing Capabilities in the United States
Milestone marks progress against AbbVie's previously announced commitment to invest more than $10 billion of capital in the U.S. over the next decade to broadly support innovation and expand critical manufacturing capabilities and capacity Supports production of AbbVie's current and next-generation immunology and neuroscience medicines Transaction anticipated to close in mid-2026 , /PRNewswire/ -- AbbVie (NYSE: ABBV) and West Pharmaceutical Services (NYSE: WST) announced today a definitive agreement for AbbVie to acquire a device manufacturing facility in Tempe, Arizona and associated intellectual property from West. The acquisition of the manufacturing site will significantly expand AbbVie's drug delivery device manufacturing capabilities and capacity.
AbbVie plans to hire approximately 200 employees at the site and invest more than $175 million to acquire, as well as modernize and fully integrate it into its global manufacturing network. The combination of this acquisition and associated planned investments are part of AbbVie's commitment to expanding its pharmaceutical manufacturing in the United States (U.S.), supporting innovation and improving patient access and outcomes.
"Over the next decade, AbbVie is investing more than $10 billion in capital to broadly support innovation and expand our manufacturing capabilities and capacity in the U.S.," said Robert A. Michael, chairman and chief executive officer, AbbVie. "With this investment, AbbVie is strengthening our manufacturing capabilities, ensuring we are well-positioned to develop and deliver next-generation medicines that make a remarkable impact on patients' lives."
The transaction includes the transfer of manufacturing facilities, including multiple production lines, and 3.5 mL on-body injector technology to support production of current and next-generation AbbVie immunology and neuroscience medicines.
With a presence in all 50 states and Puerto Rico, AbbVie employs approximately 29,000 people in the U.S., including more than 6,000 at its 11 U.S. manufacturing sites. When completed, this acquisition will significantly expand AbbVie's presence and economic impact in Arizona.
The transaction is anticipated to close in mid-2026, subject to closing conditions.
About AbbVie
AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology, neuroscience and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X (formerly Twitter) and YouTube.
Forward-Looking Statements
Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "project" and similar expressions and uses of future or conditional verbs, generally identify forward-looking statements. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Such risks and uncertainties include, but are not limited to, challenges to intellectual property, competition from other products, difficulties inherent in the research and development process, adverse litigation or government action, changes to laws and regulations applicable to our industry, the impact of global macroeconomic factors, such as economic downturns or uncertainty, international conflict, trade disputes and tariffs, and other uncertainties and risks associated with global business operations. Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie's operations is set forth in Item 1A, "Risk Factors," of AbbVie's 2024 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, as updated by its Quarterly Reports on Form 10-Q and in other documents that AbbVie subsequently files with the Securities and Exchange Commission that update, supplement or supersede such information. AbbVie undertakes no obligation, and specifically declines, to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.
SOURCE AbbVie
2026-01-12 11:092mo ago
2026-01-12 06:012mo ago
Seagate 32TB Capacities Now Shipping to Channel and Retail Partners Globally
Flagship SkyHawk® AI, Exos®, and IronWolf® Pro Drives take center stage as Seagate showcases video intelligence innovation at Intersec 2026
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), a global leader in mass‑capacity data storage, is showcasing advanced storage solutions at Intersec 2026 that help power the transformation of AI-driven video analytics into searchable, decision‑ready intelligence. The edge-to-cloud portfolio is designed to help businesses unlock the full value of their data and make smarter, faster decisions.
AI applications in video image analytics (VIA) are fueling unprecedented data growth at the network edge. IDC reports that more than 75% of organizations expect their video data to at least double over the next five years, as AI adds summaries, annotations, and metadata to every frame. This surge is driven by new use cases across industries - from accelerating investigations and automating alerts to ensuring compliance and enabling deep operational insights.
To help meet this demand, Seagate highlights its latest mass-capacity storage breakthroughs at Intersec. Building on its leadership in CMR technology, the company brings industry-leading 32TB hard drives across its Exos®, SkyHawk® AI, and IronWolf® Pro portfolio to channel and retail partners. Following the blueprint established in hyperscale cloud environments - where Seagate Mozaic technology at higher capacities is already proven - enterprise customers can confidently scale AI workloads across today’s complex hybrid and multi-cloud infrastructures. Hard drives deliver unmatched capacity, performance, and scalability, enabling businesses to efficiently store and process massive volumes of data, supporting AI adoption at the edge and in data centers.
“AI applications, like computer vision, are transforming how video is used across industries,” said Melyssa Banda, SVP of Edge Storage and Solutions at Seagate. “From smart city initiatives to retail and critical infrastructure, video is becoming a searchable business intelligence, and it’s changing how operations run day-to-day. This pivot demands a new kind of data backbone: mass-capacity storage at the edge and in the data center to keep insights flowing and archives searchable. Without it, the promise of AI-powered video analytics stalls.”
To learn more, visit us at Intersec booth SA H19. Seagate experts are there to provide you with the latest updates on cutting-edge technologies designed to address the needs of the AI-driven data surge.
Media are invited to a networking Happy Hour on January 13 at 12:30pm at the booth.
Availability and Pricing:
SkyHawk® AI, Exos®, and IronWolf® Pro 32TB hard drives are available starting January 14 through Seagate’s authorized channel partners worldwide.
For more information, please visit our website
https://www.seagate.com/products/video-analytics/skyhawk-ai-hard-drive/?sku=ST10000VE001
and read our blog: https://www.seagate.com/blog/capacity-leadership-for-the-ai-era-32tb-across-exos-skyhawk-ai-and-ironwolf-pro/
About Seagate Technology:
Seagate is a leader in mass-capacity data storage. We have delivered more than four and a half billion terabytes of capacity over the past four decades. We make storage that scales, bringing trust and integrity to innovations that depend on data. In an era of unprecedented creation, Seagate stores infinite potential. To learn more about how Seagate leads storage innovation, visit www.seagate.com and our blog, or follow us on X, Facebook, LinkedIn, and YouTube.
SkyHawk® AI 32TB Video-optimized CMR drive designed for AI-enabled NVRs and edge security applications Supports over 10,000 hours of video and analytics, with 3× the workload of standard video drives Includes SkyHawk Health Management, 5-year limited warranty, and 3 years of Rescue Data Recovery Services for maximum reliability IronWolf® Pro 32TB Enterprise-grade NAS performance with CMR technology and AgileArray firmware for 24×7 uptime Massive capacity for creative professionals, SMBs, and on-prem AI workloads 550TB/year workload rating, IronWolf Health Management, 5-year limited warranty, and 3 years of Rescue Data Recovery for peace of mind Exos® 32TB Industry-leading capacity and power efficiency for cloud and enterprise data centers Up to 3TB per platter density, engineered for AI, big data, and hyperscale workloads Built with 90% proven components for reliable, long-term performance and sustainable operations 5-year limited warranty More News From Seagate Technology Holdings plc
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2026-01-12 11:092mo ago
2026-01-12 06:012mo ago
Heineken Holding N.V. reports transactions under its current share buyback programme
Heineken Holding N.V. reports transactions under its current share buyback programme
Amsterdam, 12 January 2026 - Heineken Holding N.V. (EURONEXT:HEIO; OTCQX: HKHHY), hereby reports transaction details related to the first tranche of up to circa €375 million tranche of its share buyback programme of up to circa €750 million as communicated on 12 February 2025.
From 5 January 2026 up to and including 9 January 2026 a total of 219,305 shares were repurchased on exchange at an average price of € 61.47.
Up to and including 9 January 2026, a total of 5,126,861 shares were repurchased under the share buyback programme for a total consideration of € 319,460,743.
Heineken Holding N.V. publishes on a weekly basis, every Monday, an overview of the progress of the share buyback programme on its website: https://www.heinekenholding.com/investors/share-information/share-buyback-programme
Enquiries
Media Heineken Holding N.V. Kees Jongsma tel. +31 6 54 79 82 53 E-mail: [email protected] Media InvestorsChristiaan Prins Tristan van StrienDirector of Global Communications Global Director of Investor RelationsMarlie Paauw Lennart Scholtus / Chris SteynGlobal Media Lead Investor Relations Manager / Senior AnalystE-mail: [email protected] E-mail: [email protected]: +31-20-5239355 Tel: +31-20-5239590 Regulatory information:
This press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs.
Editorial information:
Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company. HEINEKEN is the world's pioneering beer company. It is the leading developer and marketer of premium and non-alcoholic beer and cider brands. Led by the Heineken® brand, the Group has a portfolio of more than 340 international, regional, local and specialty beers and ciders. With HEINEKEN’s over 85,000 employees, HEINEKEN brews the joy of true togetherness to inspire a better world. HEINEKEN’s dream is to shape the future of beer and beyond to win the hearts of consumers. HEINEKEN is committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Through "Brew a Better World", sustainability is embedded in the business. HEINEKEN has a well-balanced geographic footprint with leadership positions in both developed and developing markets. HEINEKEN operates breweries, malteries, cider plants and other production facilities in more than 70 countries. Most recent information is available on www.heinekenholding.com and www.theheinekencompany.com and follow HEINEKEN on LinkedIn and Instagram.
20260112 HHNV SBB Weekly update 5 January 2026 - 9 January 2026
2026-01-12 11:092mo ago
2026-01-12 06:022mo ago
Banc of California Announces Schedule of Fourth Quarter 2025 Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release financial results for the fourth quarter and fiscal year ended December 31, 2025 after market close on Wednesday, January 21, 2026. The Company will host a conference call to discuss these financial results the following day on Thursday, January 22, 2026, at 10:00 a.m. Pacific Time (PT).
Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 0299940. A link to the live audio webcast and the slide presentation for the call will be available on the Company’s investor relations website prior to the call. An audio archive of the conference call will be available on the Company’s investor relations website within 24 hours after the end of the call.
About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) is a bank holding company with over $34 billion in assets and the parent company of Banc of California. Banc of California is one of the nation’s premier relationship-based business banks, providing banking and treasury management services to small-, middle-market, and venture-backed businesses. Banc of California is the largest independent bank headquartered in Los Angeles and the third largest bank headquartered in California and offers a broad range of loan and deposit products and services through 79 full-service branches located throughout California and in Denver, Colorado, and Durham, North Carolina, as well as through regional offices nationwide. The bank also provides full-service payment processing solutions to its clients and serves the Community Association Management industry nationwide with its technology-forward platform, SmartStreet™. The bank is committed to its local communities through the Banc of California Charitable Foundation, and by supporting organizations that provide financial literacy and job training, small business support, affordable housing, and more. Member FDIC. For more information, please visit us at www.bancofcal.com.
More News From Banc of California, Inc.
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2026-01-12 11:092mo ago
2026-01-12 06:022mo ago
LRN DEADLINE ALERT: Stride (LRN) Investors Alerted to Today's Lead Plaintiff Deadline in Securities Class Action
, /PRNewswire/ -- National shareholder rights law firm Hagens Berman is issuing a reminder to investors in Stride, Inc. (NYSE: LRN) that the deadline to move the Court for appointment as lead plaintiff in the pending securities class action lawsuit is January 12, 2026. The firm urges investors who suffered substantial losses in LRN to contact Hagens Berman now to discuss their rights.
The lawsuit seeks to recover investor losses sustained after the purported disclosure of two distinct, alleged fraudulent schemes: inflated enrollment figures (using "Ghost Students") and a catastrophic technology platform failure. The cumulative impact of these disclosures caused the stock to crash 54% in a single day, leading to a sudden loss of billions in market capitalization.
The complaint details how Stride and its executives allegedly misled investors about core business metrics and operational stability. The subsequent revelation of the severity of the platform upgrade failure—which CEO James Rhyu acknowledged resulted in "poor customer experience"—is alleged to have contradicted prior assurances of strong growth.
For a detailed breakdown of the fraud allegations and operational failures, visit the dedicated Hagens Berman Stride (LRN) Case Page.
"Stride's alleged conduct in the pending suit is particularly egregious, as the complaint alleges a systematic practice of inflating enrollment figures with 'Ghost Students' and maintaining improper student-to-teacher ratios just before revealing a foreseeable technological failure," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation. "We are specifically focused on gathering evidence linking these alleged compliance and operational failures to the 54% crash."
The Alleged Dual Fraud: Claimed "Ghost Student" Scheme and Platform Upgrade Failure
The litigation focuses on how two distinct, undisclosed operational failures corrected the market's misperception of Stride's true financial health.
The Alleged Enrollment Fraud & Compliance Risk:The Claim: The company allegedly utilized unlawful business practices, including retaining "Ghost Students" (students who never officially started or were absent for extended periods) to artificially inflate enrollment metrics and profit margins.Financial Impact: The initial disclosure that partially revealed these undisclosed facts led to an 11% stock drop.
The Alleged Concealed Technology Catastrophe:The Claim: Stride allegedly failed to disclose severe, known issues with a critical platform upgrade implemented over the summer, which blocked access for an estimated 10,000 to 15,000 enrolled students, stifling growth and requiring costly remediation.Financial Impact: The alleged revelation of this operational failure forced the company to forecast a dramatically slowed sales growth of only 5% (down from its historical 19%), and triggered the single-day 54% stock crash.
Alleged Recoverable Damages and the Defined Class:The complaint seeks to recover losses for investors who purchased LRN securities during the Class Period (October 22, 2024 – October 28, 2025), seeking to hold Stride and certain of its key executives accountable for the alleged misrepresentations regarding core business metrics and operational stability. Next Steps: Contact Partner Reed Kathrein Today
Hagens Berman is a leading plaintiff litigation firm recognized for securing substantial recoveries for investors in complex securities fraud cases involving operational and compliance failures.
Mr. Kathrein is actively advising investors who purchased LRN securities during the Class Period and suffered significant losses due to the alleged undisclosed facts.
The Lead Plaintiff Deadline is January 12, 2026.
TO SUBMIT YOUR STRIDE (LRN) LOSSES NOW PLEASE USE THE SECURE FORM BELOW:
Submit Your Stride (LRN) Investment Losses Now Contact: Reed Kathrein at 844-916-0895 or email [email protected] Whistleblowers: Persons with non-public information regarding Stride should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
SOURCE Hagens Berman Sobol Shapiro LLP
2026-01-12 11:092mo ago
2026-01-12 06:022mo ago
Corero Network Security shares advance on trading boost
Corero Network Security PLC (AIM:CNS, OTCQB:DDOSF) shares climbed higher on Monday, after the firm told investors it expects revenue for FY 2025 to reach the upper end of guidance at $25.5 million.
The company also said it expects earnings (EBITDA) to exceed $1.3 million, driven by strong sales momentum in the second half of the year.
Annual recurring revenue increased by 23% to $23.9 million while order intake rose 20% to $33.8 million. The company highlighted growing demand for its SmartWall ONE and CORE platform products.
Cash at year end was $4 million, with no outstanding debt. Customer retention remained high at 98%, and the company sold over 40 units of its new 400GB platform in 2025.
"We are pleased to have generated solid growth in H2 2025 with the business generating strong sales momentum across the second half of the year," chief executive Carl Herberger said in a statement. As we continue to innovate and enhance our product portfolio to deploy market-leading solutions to our global customer base, Corero is well-positioned to deliver increased recurring revenues and profitable growth in 2026 and beyond."
In London, Corero shares were up 15% changing hands at 11.5p each.
2026-01-12 11:092mo ago
2026-01-12 06:062mo ago
RVT: Small-Cap Stocks Poised To Outperform In 2026
Analyst’s Disclosure:I/we have a beneficial long position in the shares of RVT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-01-12 10:092mo ago
2026-01-12 04:192mo ago
Bitcoin is being hijacked by three “boring” institutional dials that are overpowering the halving's supply shock
Bitcoin’s four-year cycle used to be a comfort blanket. Even people who claimed they didn’t believe in it still traded as they did.
The halving would cut new supply, the market would spend months pretending nothing happened, then liquidity would show up, leverage would follow, retail would rediscover its password, and the chart would start a new race to a new all-time high.
21Shares lays out the “old playbook” in blunt numbers: 2012’s run from about $12 to $1,150 and an 85% drawdown, 2016’s move from about $650 to $20,000 and an 80% drawdown, 2020’s climb from about $8,700 to $69,000 and a 75% drawdown.
So when the “cycle is dead” discourse hit full volume in late 2025, it landed because it wasn’t just coming from the crypto retail market. It traveled through allocator channels: Bitwise saying 2026 could break the pattern, Grayscale leaning into a new “institutional era,” and 21Shares explicitly asking whether the four-year rhythm still holds.
The part worth rescuing from the hot takes is simple: the halving is still real and will continue to be a relentless, unyielding force, but it no longer has monopoly power over Bitcoin’s timetable.
That doesn’t mean it's the end of cycles. It just means the cycle now has more clocks on the wall, and they don’t all tick at the same speed.
The old cycle was a calendar, and a way to be lazyThe halving cycle was never magic, and it worked simply because it bundled three ideas into one neat date: new supply fell, narratives got an anchor, and positioning had a shared focal point. The calendar did the coordination problem for you.
You didn’t need a deep model of liquidity, cross-asset plumbing, or who the marginal buyer was. You could just point at a quadrennial scarlet letter and say: “Give it time.”
That’s also why it became a trap. The cleaner the script, the more it invited a single-trade worldview: front-run the halving, wait for the melt, sell the top, buy the winter. When that approach stopped producing a clean, cinematic payoff on schedule, the reaction was binary: either the cycle still rules everything, or it’s dead.
Both camps seem to miss what’s actually happened to Bitcoin’s market structure.
The investor base is broader, the access rails are more familiar, and the dominant arenas for price discovery now look a lot more like mainstream risk markets. State Street’s own framing of institutional demand leans heavily on exactly that: we've got regulated ETP access and a “familiar vehicle” effect on the market, with Bitcoin still in the center of gravity by market cap.
And once the force that drives the market changes, the timetable changes with it. Not because the halving stopped working, but because it’s now competing with forces that can overpower it for long stretches.
The policy clock and the ETF clock now set the tempoTo get a better understanding of why the old cycle is now basically irrelevant, we need to start with the least “crypto” part of the story: the price of money.
On Dec. 10, 2025, the Fed cut the target range for the federal funds rate by 25 bps to 3.50%–3.75%. A few weeks later, Reuters reported Fed Governor Stephen Miran arguing for more aggressive cuts in 2026, including talk of 150 bps over the year. China’s central bank, in parallel, talked about lowering the RRR and interest rates in 2026 to keep liquidity ample.
This tells us that when global financing conditions tighten or loosen, it changes the set of buyers who can, and want to, hold volatile assets. That sets the background temperature for everything else.
Now layer in spot Bitcoin ETFs, which is where the four-year story really starts to look reductionist.
ETFs certainly added a new set of buyers to the market, but more importantly, they changed the shape of demand. In the ETF wrapper, buying pressure shows up as creations, and selling pressure shows up as redemptions.
Those flows can be driven by things that have nothing to do with the halving: portfolio rebalances, risk budgets, cross-asset drawdowns, tax considerations, advisory platform approvals, and the slow grind of distribution.
That last piece matters more than people admit, because it’s boring and therefore decisive. Bank of America is expanding advisors' ability to recommend crypto ETPs starting Jan. 5, 2026, which is exactly the kind of gatekeeping step that alters who can buy, how they buy, and under what compliance constraints.
This is why the strongest version of the “cycle is dead” argument is also the most limited version. It’s not saying the halving has no effect, just that it no longer dictates the tempo by itself.
Bitwise’s framing and broader 2026 outlook lean on that intuition: macro matters, access matters, and the market’s behavior can look different once the marginal buyer comes from traditional channels instead of native crypto rails. 21Shares makes the same general point in its cycle-focused writing and its Market Outlook 2026, which sees institutional integration as a core driver of how crypto trades going forward.
Grayscale goes even further and frames 2026 around deeper integration with the US market structure and regulation, which is another way of saying: this market now lives closer to the financial system’s daily machinery.
The cleanest way to update the cycle idea is to treat it like a small set of dials that move every week.
One dial is the policy path: not just whether rates are up or down, but whether financial conditions are loosening or tightening at the margin, and whether that narrative is accelerating or stalling. Another is the ETF flow regime, because creations and redemptions are a direct read on how demand is actually arriving or leaving through the dominant new wrapper.
A third is distribution, meaning who is allowed to buy in size and under what constraints. When a large advisory channel, brokerage platform, or model-portfolio gatekeeper opens access, the buyer base expands in a slow, mechanical way that can matter more than a one-day burst of enthusiasm, and when access is restricted, the funnel narrows just as mechanically.
Two final dials capture the market’s internal state. Volatility tone answers whether price is being set by calm two-way trades or by stress, with fast selloffs and air pockets that usually come from forced risk reduction.
The cleanliness of market positioning shows whether leverage is being added patiently or stacked in a way that makes the market fragile. A market can look fine on spot price alone while becoming dangerously crowded underneath, or it can look messy while leverage is quietly being reset and risk is being cleared.
Taken together, these checks don’t discard the halving. They just put it in its proper place as a structural backdrop, while the timing and shape of major moves are increasingly governed by liquidity, flow plumbing, and how much risk is concentrated in the same direction.
Derivatives turned the climax into a risk-transfer marketThe third clock is the one most cycle talk ignores because it’s harder to explain: derivatives.
In the old retail-dominant boom-bust model, leverage behaved like a party that got out of hand at the end.
In a market with deeper institutional participation, derivatives are less a side bet and more a core venue for risk transfer. That changes where stress shows up and when it gets resolved.
Glassnode’s Week On-Chain for early January 2026 frames the market as having gone through a year-end reset, with profit-taking easing and key cost-basis levels becoming the line to watch for confirming a healthier upswing.
That’s a very different vibe from the classic cycle climax, where the market is usually busy inventing new ways to justify vertical candles.
Derivatives don’t remove these manias, that's for sure. But they significantly change the way they start, progress, and die.
Options allow large holders to express views with a defined downside. Futures allow hedging that can mute spot selling. Liquidation cascades still exist, but they can arrive earlier in the narrative, clearing positioning before the market ever gets to the blow-off top chapter. The result is a path that can feel like a series of risk cleanups punctuated by bursts of velocity.
This is also where the public disagreement among large financial voices becomes useful instead of confusing.
On one side, you have Bitwise’s “break the four-year pattern” stance in late 2025, and on the other, you have Fidelity’s Jurrien Timmer arguing the cycle still looks intact, even if 2026 could be a “year off” in his telling.
That split doesn’t mean one camp is right and the other is clueless. It's safe to say that the old pattern is no longer the only usable model, and reasonable frameworks can disagree because the inputs are richer and they now include policy, flows, positioning, and market structure.
So what does a nuanced future of the cycle actually look like?
Think of it as three lanes, none of them dramatic enough for a meme, but all of them practical enough to trade and invest around:
Cycle extension: the halving still matters, but the peak timing drifts later because liquidity and distribution take longer to work through traditional channels.Range then grind: Bitcoin spends longer digesting supply and positioning, then moves when flows and policy stop fighting each other.Macro slap: policy and cross-asset stress dominate for a stretch, and the halving becomes trivia in the face of redemptions and de-risking.If there's a clean moral we can distill this to, it’s this: calling the four-year cycle dead is a shortcut that sounds smart and means nothing.
The better and frankly only reasonable way to approach this is to say that Bitcoin now has multiple calendars, and the winners in 2026 won’t be the people who memorize one date.
They’ll be the people who can read the pipes: the cost of money, the direction of ETF flows, and the parts of the derivatives market where risk gets quietly piled up, then loudly unwound.
Mentioned in this article
2026-01-12 10:092mo ago
2026-01-12 04:202mo ago
Bitcoin Whales Return as $88,500 Close Sets Next Price Trigger
Bitcoin whale wallets showed a sharp 30 day balance jump near early January, while price stayed relatively steady on the same view. At the same time, analyst Friedrich said a weekly close above $88,500 could confirm the range break after weeks of consolidation above $80,000.
Whale cohort balance flips positive on 30 day viewOnchain data shared by Crypto Rover showed a sharp shift in Bitcoin whale balances over the past 30 days, with the 1,000 BTC to 10,000 BTC cohort turning strongly positive near early January.
Whales and Exchanges over 1k BTC Balance Change 30 day. Source: Crypto Rover/X
The chart, titled “Whales and Exchanges (>1k BTC) Balance Change (30 day),” plots a blue area for the cohort’s 30 day balance change alongside a gray Bitcoin price line. In the highlighted section at the far right, the blue area jumps from near zero to one of the highest readings on the full timeline.
Because the metric tracks net balance changes, a move above zero typically signals that wallets in that size band increased holdings over the period. Meanwhile, the price line near the same window looks more muted than the balance spike, so the accumulation signal stands out more than the price move in the snapshot.
The post did not include a breakdown by entity type or venue, so the chart alone cannot show whether the shift came from new purchases, internal transfers, or reclassification of wallets. Still, it captures a clear change in direction for large holder balances compared with the prior weeks shown on the same view.
Analyst flags $88,500 weekly close as Bitcoin trigger after 8 week rangeMarket commentator Friedrich said Bitcoin remained in a bullish setup as long as it held above the mid $70,000s, while he pointed to an $88,500 weekly close as a key confirmation level.
In a post on X, he said Bitcoin had not traded below $76,600 during the recent pullback. He added that a break under that level could open a deeper drop, while he argued that eight weeks of consolidation above $80,000 increased the odds of a larger move once price left the range.
A TradingView chart he shared showed BTC/USDT perpetual futures near $90,555 on the daily timeframe. The chart marked a downside risk zone that extended into the high $80,000s, with a lower boundary around $86,808.
The same chart also plotted upside steps at roughly $97,636, $104,349, and $110,709, then a higher target zone near $126,025. Friedrich said a weekly close above $88,500 would support a push higher into the remaining part of January, while he cited bearish market expectations as part of his thesis.
2026-01-12 10:092mo ago
2026-01-12 04:202mo ago
Bitcoin's 12% Breakout Story Lives — But One Group Is Trying To Spoil The Ending?
Bitcoin’s 12% Breakout Story Lives — But One Group Is Trying To Spoil The Ending?Bitcoin holds breakout structure as 20-day EMA reclaim repeats past 7% bounce setupShort-term selling collapsed 95%, but ultra-long holders still distribute supplyA $92,400 close could unlock 12% upside, unless selling caps momentum firstBitcoin’s breakout story is on course, but the needed bounce is not clean. The Bitcoin price has reclaimed key trend support, history favors continuation, and short-term selling has dried up.
Yet every push higher is meeting supply. The reason is not obvious from the price alone. One holder group is still selling into strength, and that could delay the next leg higher.
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Breakout Structure Is Still IntactBitcoin is trading inside a cup-and-handle structure on the daily chart. Price briefly pushed toward the handle breakout near $92,400 before pulling back, but the structure remains valid as long as a key support holds.
The most important support signal is the 20-day EMA. An EMA, or exponential moving average, gives more weight to recent prices and helps define short-term trend direction. Bitcoin reclaimed the 20-day EMA on January 10 and followed it with two green daily candles. That sequence matters.
Bitcoin Structure: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
In December, Bitcoin reclaimed the 20-day EMA twice, on December 3 and December 9. Both times, the reclaim failed because the next candle turned red. On January 1, the reclaim was followed by another green candle. That move led to a nearly 7% rally.
A similar setup is now forming again. As long as Bitcoin holds above the 20-day EMA, the breakout theory remains on track. But the long upper wicks near $92,400 show supply is still active. That raises one question: who is selling?
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Short and Long-Term Holders Are Quiet, Ultra-Long Holders Are NotOn-chain data helps answer that question.
Short-term selling pressure has collapsed. Spent Coins Age Band data, which highlights cohort-specific coin activity, for the 7-day to 30-day group shows activity falling sharply, from around 24,800 BTC to just 1,328 BTC, a 95% decline since January 8. This means recent buyers are not rushing to sell into the bounce.
Short-Term Holders Not Selling: SantimentStandard holder net position change also turned positive on December 26. These holders, often seen as long-term investors, (holding for 155 days or more) have been net buyers since then and continued buying even when Bitcoin peaked on January 5.
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The selling is coming from a different group.
Long-term holder net position change, which tracks ultra-long holders with coins possibly held well over one year, remains negative. On January 1, this group distributed roughly 286,700 BTC. By January 11, that selling slowed to about 109,200 BTC, a drop of over 60%. Selling pressure is easing, but it has not flipped to buying yet.
Long-Term Holders: GlassnodeThis explains the hesitation near resistance. Short-term sellers are gone, long-term investors are buying, but ultra-long holders are still distributing enough supply to cap price for now.
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Bitcoin Price Levels That Hold The KeyBitcoin now needs a clean daily close above $92,400 to open the path toward $94,870. Clearing that zone would complete the breakout story and activate the measured 12% upside target. That move projects toward the $106,630 area.
For this to happen, Bitcoin must stay above the 20-day EMA and prevent ultra-long holder selling from pushing the price back down.
On the downside, $89,230 is key support. A daily close below it would weaken the breakout structure. A deeper drop toward $84,330 would invalidate the bullish setup entirely.
Bitcoin Price Analysis: TradingViewFor now, Bitcoin’s breakout story is still on course. The only missing piece is conviction from the oldest holders. Once that group stops selling, the delayed breakout could move fast.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2026-01-12 10:092mo ago
2026-01-12 04:222mo ago
Bitcoin treasury firms linked to Adam Back sign preliminary agreement to combine
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Monero (XMR), the popular privacy-focused cryptocurrency, has surged to a new all-time high above $592. This comes after the wider crypto market records indications of a revival following a week of stagnation.
Most major cryptocurrencies are range-bound, whereas Monero is up 20% in the last 24 hours and up a whopping 40% in the last week.
Here’s Why Monero Price Is Soaring The sudden increase in the price of Monero is an indication of increasing investor interest in privacy-focused digital assets. XMR rose over the weekend, beyond its former resistance levels, instigating momentum-fuelled purchasing.
This price movement that commenced on Monday was a continuation of the rally on Sunday, with the coin crawling towards the psychological pricing of 600, which the last time it broke out in January 2018.
According to market analysts, several factors have led to the boost. The rediscovery of the privacy narrative is one of the most significant factors.
Privacy Tokens Gain Edge as Regulation Tightens As governments worldwide intensify regulatory efforts and surveillance on digital assets, interest in privacy coins like Monero is experiencing a resurgence. This resurgence has caused investors to shift the capital out of Zcash (ZEC), another privacy coin, and into Monero.
The bullish picture is also backed by the technical indicators. Clear upward trend patterns and increased trading volumes are strong indicators of prolonged upward movement.
Within the past 24 hours, the trading volume of Monero has increased by over 240% to reach the mark of about 347 million. This spike is an indication of growing market participation and investor confidence.
The cryptocurrency market at large has recorded a very modest 0.9% growth in the last 24 hours.
Bitcoin price gained a recovery of a slight above $91,000, and Ethereum was trading slightly above $3,100. Nonetheless, Monero gains have been higher than most significant coins, which speaks of its comparative performance.
Privacy-related tokens have proven to be resilient since the end of last year. Although Zcash has achieved a lot of attention of the market in Q4, Monero has steadily grown such that it leads the segment.
As the world is tightening its regulations and worries about financial privacy are increasing, the bullish trend of Monero might not be exhausted any time soon.
XMR Price Eyes $600 Breakout After Bullish Rally The latest XMR price hovered at $569.73, marking a 1.65% gain in the 4-hour session on January 12, 2026.
The Monero is at present moving in a sharply increasing parallel channel, indicating the bullishness. The lower limit of this channel is provision of dynamic support, and the upper limit of close to $600 is serving as immediate resistance.
If the bulls maintain control, a breakout above $600 could open the path toward the next resistance target at $650 as per the Full Monero forecast report. However, failure to hold above $550 could see a retest of previous levels near $500.
Source: XMR/USDT 4-hour chart: Tradingview The MACD depicts a broad bullish trend. The MACD line is far above the signal line. This is a good sign of bullish movement. The Relative Strength Index is 81, which is much higher than the overbought indicator of 70.
Frequently Asked Questions (FAQs) Monero's price is up due to renewed investor demand for privacy-focused cryptocurrencies. The broader market is stabilizing, but Monero stands out with strong buying momentum driven by increasing regulatory scrutiny worldwide, pushing users toward untraceable assets.
Over the past 24 hours, Monero (XMR) surged over 20%, and it's up more than 40% in the past week, significantly outperforming other major cryptocurrencies like Bitcoin and Ethereum.
While all eyes remain fixed on bitcoin in dollars, a discreet indicator could well announce a major shift: the ETH/BTC ratio. According to Michaël van de Poppe, this ratio reached a low in April 2025, in a chart configuration reminiscent of 2019. If history were to repeat itself, Ethereum could begin a strong comeback against bitcoin, without the majority of investors yet realizing this latent change.
In brief The ETH/BTC ratio, long ignored by the market, could have reached a low in April 2025, according to analyst Michaël van de Poppe. This technical configuration recalls the 2019 bullish cycle, with a rebound in the ratio from 0.017 to 0.043 before a slight correction. Several technical signals strengthen the hypothesis of a reversal, including crossing above the 365-day moving average. These technical and fundamental elements hint at a possible strong comeback of Ethereum against Bitcoin in 2026. A reversal signal on the ETH/BTC ratio ? Crypto analyst Michaël van de Poppe states on X that “the ETH/BTC ratio reached a low in April 2025”, around the 0.017 threshold, before starting a recovery phase, while Ethereum could become the Linux of Web3 according to Vitalik Buterin.
According to him, this dynamic mirrors that observed during the 2019 bull cycle. Since this low, the ratio has risen to 0.043 in August, before slightly correcting to 0.034 early this year.
Van de Poppe states that, despite four years of Ethereum underperformance against Bitcoin, “we are already in an Ethereum market”. The evolution of the ETH/BTC ratio, which measures Ethereum’s relative strength compared to Bitcoin, is thus presented as a leading indicator of a possible overall reversal.
This technical reading relies on several key signals observed since spring 2025 :
A confirmed low in April 2025, around 0.017, followed by a rebound to 0.043 in August ; A break above the 365-day moving average, traditionally seen as a major technical threshold ; A return of contrarian sentiment, according to van de Poppe : “ETH is declared dead”, a perception which historically often preceded bullish phases in the market ; A correction of the ratio to 0.034 in October, caused by a global market crash, but without returning to the April low, which could suggest a still intact recovery structure. Taken together, these elements support the idea that ETH/BTC could have started a new cycle, contrary to dominant perceptions.
Fundamentals in support of an Ethereum recovery Beyond technical analysis, several fundamental indicators also seem to support an Ethereum recovery.
First, the stablecoin ecosystem experienced spectacular growth in 2025. Van de Poppe notes that “the supply of stablecoins on Ethereum has increased by more than 65 % this year”, and has now doubled compared to its previous peak in 2021.
According to DefiLlama data, the total market capitalization of stablecoins on Ethereum currently exceeds 163.9 billion dollars, with 52 % dominated by Tether’s USDT stablecoin. This growth reflects renewed interest in the Ethereum infrastructure, both as a payment network and as a foundation of decentralized finance.
Another strong signal is that the volume of stablecoin transfers on Ethereum reached 8 trillion dollars in Q4 2024 alone, according to Token Terminal data. Added to this is the rise of tokenized real-world assets (Real World Assets, or RWA), which use Ethereum as a platform to digitize traditional assets such as real estate or bonds.
These dynamics are reinforced by sustained developer activity on the network, a factor often correlated with innovation and future adoption. All these elements strengthen the idea of a solid foundation for a potential market reversal in favor of Ethereum.
Ethereum dominates DeFi in 2025, strengthening its position at the heart of decentralized financial infrastructures. If the low of the ETH/BTC ratio last April is confirmed as an inflection point, this could mark a resurgence of strategic interest in the asset.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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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.
2026-01-12 10:092mo ago
2026-01-12 04:262mo ago
Adam Back-backed Bitcoin treasury Future Holdings set for takeover by H100
Future Holdings AG, a Switzerland-based Bitcoin treasury company backed by industry veteran Adam Back, has agreed to preliminary terms that may see it acquired by Sweden-listed H100 Group.
The Swiss Bitcoin (BTC) treasury company on Monday announced it had entered a non-binding letter of intent with H100 covering the potential acquisition of 100% of its shares.
“Combining Future with H100 creates a public-market platform and governance framework that we believe is essential for building long-term institutional credibility in the Swiss market,” Future Holdings’ chairman Richard Byworth said in a joint statement.
The proposed acquisition comes months after Back co-founded Future Holdings in November 2025 with industry veterans Richard Byworth and Sebastien Hess, when the company raised $35 million for its BTC treasury.
Back also provided H100 with a $2.1 million convertible loan in June 2025, with the option to invest an additional $12.8 million.
H100 sets acquisition price for Future at $753,000The proposed transaction values Future at about 375,000 Swiss francs, or roughly $471,000, plus the company’s cash balance at closing.
Based on Future’s current cash position, the companies said the total purchase price is expected to be about 600,000 Swiss francs, or roughly $753,000, according to the announcement.
Source: Future HoldingsThe purchase price is expected to be paid in newly issued H100 shares at the closing price on the last trading day before the letter of intent.
Transaction expected to be completed in JanuaryThe deal remains subject to due diligence, the negotiation of definitive agreements and the receipt of required corporate and regulatory approvals. The companies said they expect signing and closing to take place in January 2026.
For H100, the acquisition is a key step in its plan to expand beyond the Nordic region and position itself as a leading Bitcoin treasury and financial platform in Europe.
“This transaction supports H100’s expansion into Switzerland. Future brings relevant local experience, and we see Switzerland as a key market as institutional investors continue to evaluate new approaches to capital allocation,” H100 chairman Sander Andersen said.
Apart from Future and H100, Blocksteam founder Back has backed a number of Bitcoin treasury companies, including the French treasury Capital B (formerly The Blockchain Group) and The Bitcoin Standard Treasury.
During a boom in Bitcoin treasuries in summer 2025, Back described Bitcoin adoption by public companies as the “new altcoin season” for crypto speculators.
Magazine: Would Bitcoin survive a 10-year power outage?
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2026-01-12 10:092mo ago
2026-01-12 04:312mo ago
Trump's Crypto Czar Should Resign If Crypto Bill Doesn't Pass In Q1, Says Cardano Founder Charles Hoskinson
Cardano (CRYPTO: ADA) founder Charles Hoskinson slammed the Trump administration’s handling of the cryptocurrency industry in an interview aired Sunday, particularly targeting David Sacks, the White House cryptocurrency czar.
Hoskinson Attacks SacksAppearing on The Wolf Of All Streets Podcast, Hoskinson voiced skepticism about the passage of the cryptocurrency market structure bill, a key piece of legislation championed by industry figures, in the first quarter.
“If it doesn’t pass this quarter, I think David Sacks should resign. He’s utterly failed us as an industry,” Hoskinson said.
“If you’re the czar and you’re in charge of this whole thing, I’ve got to judge you by your track record,” he added, pointing out that most cryptocurrency tokens have slid since President Donald Trump took office.
The Consequences Of Trump MemecoinHoskinson also slammed the Official Trump (CRYPTO: TRUMP) memecoin launch, blaming Sacks for doing nothing in his power to prevent Trump from launching ventures that have impeded the passage of cryptocurrency bills.
He labeled the TRUMP memecoin launch as “catastrophic” for the industry and warned that the Democrats would run midterm elections on an anti-cryptocurrency plank.
“And the problem is Trump’s name’s on it. So it’s really hard to run away from it and say he had nothing to do with it,” Hoskinson said.
Sacks, a renowned venture capitalist, was appointed as the White House A.I. & Crypto Czar by Trump in December 2024.
Sen. Elizabeth Warren (D-Mass.) raised concerns last year over Sacks exceeding his term limit as a special government employee to "influence" cryptocurrency policy.
Sacks didn’t immediately return Benzinga’s request for comment.
Hoskinson Turns From Enthusiast To SkepticHoskinson was one of the biggest supporters of Trump leading up to the 2024 presidential polls, accusing former President Joe Biden of actively working to stifle the cryptocurrency industry.
Interestingly, Trump mentioned ADA, Cardano's native token, as one of the assets that would make up the U.S. cryptocurrency reserve. However, White House cryptocurrency czar David Sacks later clarified that the list of included tokens was likely an illustration of leading market-cap assets, not a definitive plan.
Photo courtesy: Shutterstock
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
The founder of Cardano, Charles Hoskinson, has hinted that Bitcoin and XRP DeFi utility will be applied on its Midnight protocol pretty soon. This statement aligns with his earlier statement that they would put a focus on the interoperability of its platform.
Hoskinson Signals Bitcoin and XRP DeFi Expansion During a recent discussion, Charles Hoskinson said the use cases in DeFi for Bitcoin and XRP are about reaching a practical stage. According to him, the protocol is going to be a bridging layer between various blockchains that integrates privacy within all levels of points of contact.
“We got Bitcoin DeFi coming, XRP DeFi coming, Midnight connects us to all of the other blockchains and we add privacy to all those connection points, so we have a lot to add and offer,” he said.
He further clarified that the architecture of the protocol makes it possible for the ass,ets of other networks to interact with smart contracts. This would be without providing any information about transactions. He added that with this, they can participate in the Bitcoin and XRP DeFi space, which has no privacy solutions.
Following the success that the airdrop program achieved the previous year, the Cardano founder expressed an interest in collaborating on a project with Ripple. Further, he announced that the altcoin would receive Lace Wallet support.
Midnight was launched in December 2025 and functions as a partnering chain for Cardano. It has the ability, through the power of zero-knowledge cryptography, to offer safe smart contracts.
Hoskinson’s plan is to have the altcoin wrapped on his platform for the implementation of the XRP DeFI plan. In this way, people will get to participate in loan and yield services without having to make their transactions public.
This could unlock a large pool of locked liquidity in the market. This is given that this currency can be applied in a variety of complex financial instruments. The fact that the public XRP Ledger is not providing a privacy utility for smart contracts might make this proposal a privacy solution for this sector.
Why is Midnight Key to Cardano’s Next Growth Phase? The Cardano founder has recently described the project as the first case of a “fourth generation” cryptocurrency. This project represented a transition from the competition on a Layer-1 level to a infrastructure on a cross-chain level with possible benefits for early adopters in the future, according to him.
Moving beyond the Bitcoin and XRP DeFi project itself, Hoskinson specifically pointed out that this could help DeFi. This is particularly essential for the next generation of decentralized applications, including functionalities that entail privacy preservation.
He has also often spoken of Midnight’s approach in contrast to the more TradFi-driven efforts at tokenization. He cited projects like XRP are already operating at a scale way beyond initiatives currently in development.
2026-01-12 10:092mo ago
2026-01-12 04:322mo ago
Bitcoin Breaks Above $92K as Mining Difficulty Finally Slips
Bitcoin pushed above $92,000 on Jan. 12 after a late-session surge, while mining difficulty dipped in early 2026 for the first time in months. The price jump came as the network’s difficulty eased to about 146.4 trillion, giving miners a short breather.
Bitcoin difficulty dips as BTC trades near $90,500Bitcoin's mining difficulty edged lower at the start of 2026 after a long stretch of stepwise gains, according to a chart shared by NekoZ on X that carries a CryptoQuant watermark. The dip marked a break from the steady climb that pushed the difficulty line to a peak near the late 2025 highs before it turned down.
Bitcoin Price USD and Mining Difficulty. Source: CryptoQuant/X
The chart tracks Bitcoin price in white and mining difficulty in blue from 2023 into early 2026. At the right edge, BTC held around $90,500 while difficulty sat near 146.4 trillion, down from the recent peak, which signals the network adjusted to slightly easier conditions for miners.
Bitcoin changes difficulty roughly every two weeks, so a move lower typically points to slower block production in the prior period. In practice, that can happen when some hashing power drops off, because operators shut down less efficient machines or pause during weaker margins.
A lower difficulty can lift the expected share of block rewards for miners who stay online, since they face less competition per unit of hash rate. However, the relief depends on price and fees, because miner revenue still tracks the dollar value of rewards and the pace of transaction fee demand.
Bitcoin rallies into the close on 5 minute chartBitcoin jumped in late trading on Jan. 12, pushing above $92,000 after a steady climb on the 5 minute chart shared by Barchart on X. The snapshot showed BTC at about $92,133, up roughly $1,692, as buyers drove a near straight move from the low $90,000s into the session high area near $92,400.
Bitcoin USD 5 Minute 1 Day BTCUSD. Source: Barchart/X
Price action stayed quiet for much of the day, then shifted after a dip toward the $90,200 area. Bitcoin rebounded and printed higher lows, and then momentum picked up into the evening.
The strongest leg started around the $90,800 to $91,000 zone, where candles turned green and widened. After that, BTC cleared the $91,600 area and continued higher with limited pullbacks.
By the end of the chart window, Bitcoin traded near $92,133 while the last candles pressed toward the upper band of the day’s range. The move left prior intraday resistance levels behind and put the focus on whether price can hold above $92,000 after the spike.
2026-01-12 10:092mo ago
2026-01-12 04:352mo ago
Veteran trader Peter Brandt hints at silver-like bull run in Monero
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Ethereum (ETH) founder Vitalik Buterin has reiterated the sustainability vision for the blockchain. He says the goal is to ensure that the blockchain passes the "walkaway test" so that the Ethereum base does not need to depend on human intervention.
Ethereum's long-term value needs more than upgradesIn a post on X, Buterin emphasized that Ethereum should work safely and usefully at all times, even if its core developers completely walked away tomorrow. He maintained that no company, development group or informal leadership should be required to keep the ecosystem functional.
The Ethereum founder argues that if people stop upgrading the blockchain or maintaining it, it should not suffer a collapse, freeze users’ funds or become unsafe for use.
"This means that Ethereum must get to a place where we can ossify if we want to… we must get to a place where Ethereum's value proposition does not strictly depend on any features that are not in the protocol already," he stated.
Buterin is not implying that Ethereum should stop evolving; rather, it must grow to a level, even without any change initiated, where the blockchain exists and thrives.
Ethereum itself must pass the walkaway test.
Ethereum is meant to be a home for trustless and trust-minimized applications, whether in finance, governance or elsewhere. It must support applications that are more like tools - the hammer that once you buy it's yours - than like…
— vitalik.eth (@VitalikButerin) January 12, 2026 This suggests that Ethereum needs to evolve to a level where upgrades would be optional, not a necessity. In essence, Ethereum’s value proposition should be complete enough to guarantee stability in design.
In order to achieve this level of development, Buterin highlighted some nonnegotiable foundations that Ethereum must ensure are in place.
Primarily, Buterin insists that Ethereum must be safe from quantum computers by achieving "full quantum-resistance." He noted that it was not advisable to wait until the last minute, as the base layer cannot afford to take risks.
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Nonnegotiable features for EthereumAdditionally, Ethereum must attain scalability that does not require constant redesigns. Buterin said the protocol needs to expand to many thousands of TPS, particularly ZK-EVM validation and data sampling via PeerDAS.
The Ethereum founder also stressed the need for the blockchain state, that is, accounts, storage and history, not to grow endlessly. Buterin implies that Ethereum needs to move away from hard-coded ECDSA signatures and rigid account logic. He wants the ecosystem to shift toward flexible, programmable accounts.
Buterin also believes that gas pricing must correctly reflect computational costs and be safe for both execution and zero-knowledge proving. The blockchain should also be able to prevent "denial-of-service vectors" forever, not just temporarily.
Overall, he wants Ethereum to evolve to a level where decentralization is not just about governance today but irreversibility tomorrow. The blockchain should also attain the highest form of credibility for its users.
2026-01-12 10:092mo ago
2026-01-12 04:362mo ago
Dubai bans privacy tokens, tightens stablecoin rules in crypto reset
The DFSA said privacy-focused assets are incompatible with global compliance norms as it moves to a firm-led token suitability model and sharper stablecoin classifications.
Tether froze $182M in stablecoins, locked in five TRON-based wallets. The wallet data links it to illicit transactions.
Tether froze $182M on the TRON network after tracking down illicit transactions. The funds are linked to some of the usual scams using stablecoins, mostly linked to personal wallet attacks or confidence scams.
Tether froze out five wallets in a single transaction, adding them to their banned list.
Tether freezes $3.3B in stablecoins Tether has been committed to protecting user funds and has tracked down and frozen $3.3B in stablecoins between 2023 and 2025.
The stablecoin issuer has blacklisted 7,268 addresses, of which 4,505 are on the Ethereum network, with around $1.5B in funds. Tether usually re-mints the stablecoins after investigations are completed.
In the past few years, attempts to claw back funds from scams have been accelerating, though still making up a small part of total losses. Stablecoins still make up to 84% of illicit transaction volumes. Some of the wallet freezes are reportedly linked to a lack of KYC, or for activities linked to Iranian nationals and Iranian-based financial operations.
While freezes raise the issue of censorship, this is the only recourse against losses and scams. Tether and TRON are cooperating, though there is no automatic agreement on freezing funds from exchanges or DeFi protocols.
Tether still uses the T2 Financial Crime Unit, created in partnership with TRON. So far, the unit has tracked down $300M, after launching in September 2024. Despite the effort, salvage operations for stablecoins are done sporadically, only when funds can be tracked down in time.
TRON-based USDT rises to over 82B tokens The supply of USDT on the TRON network rose to over 82B tokens, while the Ethereum-based supply is at over 102B tokens.
TRON-based USDT activity is cyclical, coinciding with Asian market settlement hours. The TRC-20 version of the token has been linked to a wider ecosystem of scams. | Source: Dune Analytics. TRON-based USDT transactions show predictable daily transfers, coinciding with trading hours and settlement on the Asian markets. Most of the transfers come from wallets with under 100 USDT.
The network activity is still scrutinized for non-organic traffic. Despite this, TRON-based USDT remains one of the main assets for general P2P payments.
The average transaction on the network is most commonly between $100 and $1,000, while Ethereum-based transfers are usually under $100. TRON-based USDT is also less widely represented on centralized exchanges, but more widely used for payments as an alternative fintech tool.
USDT on TRON was also one of the main tokens used in decentralized marketplaces, which also serve as a hub for scams and laundering. Only a fraction of the funds can be clawed back, as most are distributed to smaller wallets and are difficult to link to specific entities or exploits.
TRON-based tokens are also often frozen in newly created scam apps or requested as payment by Telegram sellers. P2P swaps and vendor services are also a high-risk venue for TRON-based USDT.
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2026-01-12 10:092mo ago
2026-01-12 04:462mo ago
SEI Price Breakout Scenario in Play: Will These Points Clear a Path to $3?
TLDR SEI price opened at $0.1203 and briefly surged above $0.1230 before retracing. Current SEI price is $0.1210, showing a 0.31% gain in the past 24 hours. The price trend shows early momentum followed by steady decline and range-bound movement. SEI’s weekly chart outlines a projected bullish breakout from a two-year falling wedge pattern. The long-term scenario maps potential upside toward $3, pending breakout confirmation and market momentum. Sei’s Network native token, SEI, opened its market today during the Asian trading session at $0.1203. After that, the SEI price followed a dip before a steady reclaim that sent it above $0.1230. Despite the positive trend, the SEI price retraced its lower level again, settling below $0.1215.
SEI Price Edges Up to $0.1210 After Brief Rally Above $0.123 At the time of press, CoinMarketCap data indicates that the SEI price is currently trading at $0.1210, representing a 0.31% increase over the past 24 hours. The price gained steady momentum early in the session, reaching a series of minor intraday highs. After consolidating, SEI advanced sharply to cross the $0.1230 level, recording its 24-hour peak.
Source: CoinMarketCap Following this surge, SEI experienced a pullback with a sequence of lower highs and declining price action. The price declined steadily, retracing most of the earlier gains made in the session. A period of choppy movement followed, as SEI hovered around the $0.121 range. The current movement remains close to the opening range of the earlier session.
SEI’s price action during the 24-hour window indicates both upward pressure and subsequent retracement. The volatility throughout the session remained moderate, with multiple small peaks and dips. The price continues trading just above its opening price, holding onto slight daily gains.
SEI Eyes $3 as Falling Wedge Sets Up Bullish Scenario Despite the fluctuations in the 24-hour price trend, market analysts have hinted at a potential positive move. An analysis prepared by Bitcoinsensus reveals that the SEI weekly price chart displays a multi-year falling wedge structure that extended from early 2024 into early 2026. The price consistently moved lower throughout the pattern, creating a compression phase characterised by lower highs and lower lows.
Source: X The price chart reveals a projected bullish scenario where the price begins accelerating upward from the wedge resistance. Two breakout levels are illustrated, appearing within the scenario projection. The observation also includes a macro bull flag from a previous cycle, which preceded the wedge formation.
Above the breakout zone, a series of higher price levels is mapped, with a target set at $3.00. The chart emphasises a potential market shift with momentum accelerating beyond key structural resistance levels. The projected movement builds on the transition from a long-term downtrend into a speculative upward phase.
2026-01-12 10:092mo ago
2026-01-12 04:492mo ago
Bitcoin Price Prediction Amid DOJ Investigation Into Fed Chair Powell
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Bitcoin price continues to compress below key resistance as macro risk re-enters the equation. BTC price trades within a tightening range after failing to reclaim higher ground, while external pressure builds around U.S. monetary credibility. The Federal Reserve Chair Jerome Powell investigation by the Department of Justice creates institutional uncertainty at an opportune time when risk assets are sensitive.
DOJ Probe Adds Friction to Bitcoin Price Structure The DOJ investigation into Jerome Powell does not directly target Bitcoin price, however it alters the macro framework shaping BTC price behavior. Markets are dependent on confidence on monetary autonomy, which grounds capital allocation choices.
Once legal pressure is introduced into that system, investors will re-evaluate risk exposure in currencies, bonds, and other stores of value. This change has already manifested itself in dollar weakness and strength of hard assets, which is an indication of increasing sensitivity to policy credibility.
Bitcoin is more likely to take in such macro tension in the form of structure than impulse. As a result, BTC price has remained technically constrained instead of reacting emotionally. That restraint is an indication of conditional demand and not risk aversion.
As long as confidence in policy autonomy is eroded, Bitcoin is becoming more of a macro hedge. This does not compel an immediate upside, but increases the likelihood of price consolidation healing higher as opposed to lower.
The Bitcoin Outlook is defined by the 92K Zone BTC price is currently trading under the 92K zone, which still characterizes short-term control. The asset has been ranging between $90,500 and $92,000 after failing to gain acceptance above 92K, implying that sellers continue to aggressively defend 92K.
Nonetheless, buyers have still defended the wider 88K-88.5K demand zone and avoided further decline as well as maintaining structural balance. This dynamic shapes the long-term BTC price outlook.
The price behavior is compressed and not rejected. Every pullback has been above previous lows, and this continues to put pressure under resistance. This narrow range is positioning and not distribution.
A decisive switch of 92K to support would change the market control and make the expectations shift significantly. Until that occurs, BTC price remains structurally constructive but unresolved, with direction hinging on how price behaves around this upper boundary.
BTC/USDT Daily Chart (Source: X) Cup-and-Handle Structure Keeps BTC Price Biased Higher The recent BTC price movement indicates a cup-and-handle formation that started to form in mid-December. The rounded bottom created by constant demand and the continued handle depicts consolidation as opposed to distribution.
Price still respects the ascending support, and it maintains the higher lows and indicates that the buyers are still active during the pullbacks. BTC has since regained the 90K level but was rejected when trying to move past 92K. At the time of press Bitcoin market value trades around $91,400 just below the $92,000 threshold.
In spite of such rejection, structure is constructive. The failure to break lower after attempting to break at $92K is indicative of absorption of supply and not exhaustion. If BTC price flips the 92K level into support, the pattern completes, opening a direct path toward the 95K neckline.
This framework is in line with the broader market expectations, with Polymarket participants giving Bitcoin a 57% chance of hitting $95K in January, and the chances of a move to $100K being significantly lower.
BTC/USD 4-Hour Chart (Source: TradingView) To sum up, Bitcoin price continues to compress beneath resistance while policy uncertainty rises following the DOJ probe into the Fed. Rather than triggering volatility, this backdrop has reinforced structural discipline, with BTC price holding ascending support.
If price recovers $92K, the macro hedging demand and technical structure are congruent with continuation. A breakdown in maintaining higher lows would be a pointer that institutional uncertainty cannot sustain additional upside.
Frequently Asked Questions (FAQs) It raises concerns about monetary credibility, which can influence capital allocation toward alternative assets like Bitcoin.
It represents the point where market control shifts, separating consolidation from structural continuation.
It reflects prolonged accumulation followed by consolidation, often preceding continuation when structure holds.
2026-01-12 10:092mo ago
2026-01-12 04:522mo ago
BlackRock Embraces Ripple $RLUSD for Collateral Payments
The company announced that $RLUSD is now being used as collateral by major financial players, including BlackRock, and is increasingly employed in cross-border payments. The news signals that stablecoins are no longer just experimental tools in crypto. They are becoming practical instruments for institutional finance.
$RLUSD as Collateral Collateral is an asset pledged to secure a loan or financial contract. Traditionally, banks and investment firms use cash or securities for this purpose. By allowing $RLUSD as collateral, Ripple provides institutions with a digital alternative that moves faster and settles instantly on blockchain networks. BlackRock’s involvement highlights growing institutional confidence. As one of the world’s largest asset managers, BlackRock’s use of $RLUSD demonstrates that stablecoins can integrate into the regulated financial system without compromising safety.
A real-world example shows the potential. Imagine a hedge fund needing to post collateral for derivatives trading across different markets. Using traditional fiat, transfers can take days and involve multiple intermediaries. With $RLUSD, the fund can settle instantly, freeing up liquidity and reducing operational risk. This efficiency is crucial as financial markets increasingly operate around the clock, with demand for faster settlement and more flexible liquidity solutions.
🔔 JUST IN: Ripple Stablecoin $RLUSD is now being used as Collateral for BlackRock & Cross-Border Payments. pic.twitter.com/FiZ8Q3SMYc
— Crypto Dyl News (@cryptodylnews) January 10, 2026
$RLUSD is also gaining attention for cross-border transactions. Moving money internationally through traditional banking systems is often slow, expensive, and opaque. Stablecoins like $RLUSD can bypass many of these hurdles by enabling near real-time transfers across borders while maintaining transparency and auditability. Ripple has long positioned itself as a leader in cross-border payment solutions, and using $RLUSD allows banks and enterprises to leverage blockchain rails while complying with regulatory requirements.
More About Ripple Wormhole highlighted that national, bank-grade oversight is shaping the future of stablecoins, pointing to Ripple’s $RLUSD as a leading example. With regulatory supervision from the New York Department of Financial Services and conditional approval from the US Office of the Comptroller of the Currency, $RLUSD meets high compliance standards.
National bank-grade oversight is the future of stablecoins@Ripple is executing that vision with $RLUSD.
With @NYDFS state oversight & conditional federal @USOCC approval, Ripple sets the highest standard for stablecoin compliance.
Now going multichain powered by Wormhole NTT. pic.twitter.com/c2Fp0oLowy
— Wormhole (@wormhole) January 2, 2026
Wormhole’s technology now enables $RLUSD to operate across multiple blockchains, expanding its reach while maintaining the security and regulatory rigor that institutions expect from traditional banking systems.
Disclaimer The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
2026-01-12 10:092mo ago
2026-01-12 04:582mo ago
Bitcoin Holds Near $92K as Asia Rises Ahead of US CPI Data
The lack of direction of Bitcoin shows the similar setup. $91,000 has been set as a crucial point as rate cut anticipations move in different directions. With the increase, the total market capitalisation of the crypto market witnessed a 1.6% increase, taking it to $3.23 trillion. Bitcoin hovered near $92,000 on early Monday as the Asian market opened comparatively higher than previous days. Investors are also looking for the US inflation data to be released this week, another on Washington’s tariff fight and the Federal Reserve’s increased political drama.
The China and Hong Kong markets have shown a slight increase, with Shanghai rising by 0.24% and the SZSE Component surging by 0.60%. At the same time, Hang Seng rose by 0.14%, and China A50 plunged by 0.77%.
Talking about major cryptocurrencies, Bitcoin rose by 1.7% and stood at $92,122, Ether showed a 2.2% increase to reach $3,158, and XRP was 0.4% up with a price of $2.10. With this, the total market capitalisation of the crypto market witnessed a 1.6% increase, taking it to $3.23 trillion.
The Support for Strong Open Wall Street supported Asia in having a surge open after concluding strongly last week. The S&P was higher on Friday after the job report revealed slower hiring than speculation and unemployment relieved by 4.4%, while the Supreme Court again held off on a decision in challenges to President Donald Trump’s tariffs.
The lack of direction of Bitcoin shows the similar setup. $91,000 has been set as a crucial point as rate cut anticipations, dollar moves and the risk-greed pull in various directions, with placing turning cautious before the upcoming macro prints.
The attention is sought with the December CPI due Tuesday, Jan. 13, and the Fed’s Beige Book on Wednesday, and the market is now waiting for the Fed’s Jan. 27-28 policy meeting.
Rates and the dollar also witnessed an extraordinary risk after Federal Reserve Chair Jerome Powell stated that the central bank got grand jury subpoenas from the Justice Department associated with his Senate testimony on the Fed’s headquarters renovation, increasing concerns regarding pressure on the institution as his chair term concludes in May 2026.
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2026-01-12 10:092mo ago
2026-01-12 04:592mo ago
‘$70K Bitcoin Is a Matter of Time,' Analyst Warns as Triple Bearish Signs Emerge
BTC may still spike to $97,000-$107,000, but experts say technicals overwhelmingly favor a deeper breakdown toward $70,000 level next.
Bitcoin (BTC) has been steadily trading above $90,000 amidst escalating tensions between US President Donald Trump and Federal Reserve Chairman Jerome Powell, alongside geopolitical unrest.
But the crypto asset’s triple bearish setup could drag prices to $70,000.
Three Bearish Patterns Crypto analyst Doctor Profit warned that Bitcoin will decline toward the $70,000 level, even if prices see short-term upside first. He said BTC is currently forming three bearish technical structures across higher timeframes, thereby increasing the risk of a deeper correction.
The first signal is a large bearish divergence visible on both weekly and monthly charts. It is currently indicating weakening momentum despite relatively high prices. The second is a bearish flag formation, which the analyst said points directly toward the $70,000 region. The third is a potential head-and-shoulders pattern that remains active and could still complete before a broader sell-off.
Doctor Profit said a move higher cannot be ruled out in the near term, and observed that heavy liquidity is sitting between $97,000 and $107,000. This region is expected to attract prices temporarily. However, such a rally would not change the overall bearish structure. He described two possible paths toward $70,000: Bitcoin could either break down directly from the bearish flag or first complete the head-and-shoulders pattern before resuming its decline. While the timing remains uncertain, he said the downside target remains the same.
He also flagged “massive amounts” of heavy insider selling, which has been ongoing since August 2025. According to Doctor Profit, the scale of selling is the largest he has observed during his tracking period and has continued without slowdown in recent weeks. Such market behavior indicates rising stress beneath the surface of the market and is in line with the pressures in the financial system.
The stress in the banking sector and forced liquidations linked to movements in the silver market are contributing to a fragile macro backdrop. When current conditions were compared to periods that preceded major market downturns, the analyst said risks are building across multiple asset classes.
You may also like: Bitcoin and Gold React to Growing Conflict Between Trump and Powell Do Bitcoin and Altcoins Have the Most Room for Growth in 2026? ETH, XRP, and Meme Coins Shine as Retail Sentiment Reacts to Short-Term Catalysts Looking ahead, upcoming events such as US CPI inflation data and the January 15 vote on the CLARITY Act could affect short-term price action. However, these developments are unlikely to change BTC’s broader bearish trajectory.
Institutional Forecasts Diverge Not all market observers share the bearish view on Bitcoin. For instance, VanEck recently said that BTC could reach a price of nearly $2.9 million by 2050 under its base-case scenario. The forecast is built on the assumption that the crypto asset evolves into a non-sovereign monetary asset, capturing between 5% and 10% of global trade settlement and accounting for roughly 2.5% of central bank reserve holdings.
Under these conditions, the asset manager estimated that BTC would post a compound annual growth rate of about 15% between 2026 and 2050.
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2026-01-12 10:092mo ago
2026-01-12 05:002mo ago
Chainlink: Can $5 mln in whale buys help LINK target $14?
Chainlink slipped to a low of $13.03 after facing rejection at $14.2 a week ago. However, the altcoin signaled a rebound, closing at higher highs for two consecutive days.
At press time, the altcoin traded at $13.38, up 1.28% on the daily charts, while its volume jumped 63% to $314 million.
With LINK trading below its short-term resistance, investors, especially large entities, have taken the opportunity to buy at a discount.
Chainlink whale adds $5.48 million After LINK retraced from $14.2, Chainlink whale activity shifted from buying and turned to aggressive selling. The altcoin recorded little to no whale buy volume between the 7th and the 10th of January.
However, the market sentiment shifted significantly over the past 24 hours as whales returned to accumulate.
The Whale Buy Activity indicator on TradingView showed increased buying activity from large entities, with volume surpassing 1.7 million.
Source: TradingView
Amid this renewed demand, Onchain Lens reported that newly created wallets jumped into the market to accumulate LINK.
One wallet bought 202,607 LINK tokens worth $2.7 million, while the second wallet scooped up 207,328 LINK worth $2.78 million.
In total, these two whale wallets, most likely belonging to a single market player, purchased 414,935 LINK tokens for $5.48 million.
Moreover, Chainlink buyers displaced sellers again, according to Coinalyze data. The altcoin saw a positive Buy Sell Delta between the 10th and the 12th of January.
Source: Coinalyze
Over this period, LINK recorded 3.17 million in Buy Volume compared to 2.6 million in Sell Volume. This resulted in a market delta of 0.57 million, a clear sign of aggressive spot accumulation.
Often, when whales turn to buy during a period of weakness, it indicates strong conviction in the market. Historically, higher whale demand has bolstered an asset’s upward momentum, driving prices higher.
Can the fresh demand lift LINK towards $14.2 resistance? Chainlink showed strength and signaled a potential recovery after its recent slip. In doing so, the altcoin’s upward momentum strengthened, as evidenced by its Stochastic RSI.
The momentum indicator made a bullish crossover and rose to 48 but remained below the bullish zone.
A rising RSI indicates that the buyers had attempted a market takeover. Now, if the indicator surpasses 50 and edges into the bullish zone, it can validate the trend’s bullish strength.
Source: TradingView
However, its Relative Vigor Index (RVGI) remained below its signal line at press time. Although positive, it suggests that sellers remain relatively active. For a meaningful reversal, the RVGI must also make a bullish crossover.
Therefore, if the demand observed over the past two days holds, with bulls displacing sellers, LINK will reclaim $13.7 and target the $14.2 resistance.
However, sellers’ threat remains elevated—if they increase pressure, LINK’s upside will stagnate, with $12.9 as critical support.
Final Thoughts Chainlink [LINK] rebounded from a recent slip to $3.03 and touched a high of $13.52 before a mild pullback to $13.3 at press time. Chainlink whale purchased 414,935 LINK tokens for $5.48 million.
2026-01-12 10:092mo ago
2026-01-12 05:002mo ago
Bitcoin Tops $92,000 As DOJ Subpoenas Escalate Trump-Powell Fight
Bitcoin pushed above the $92,000 level late-Sunday as a legal escalation around Federal Reserve Chair Jerome Powell became public. The catalyst was Powell’s decision to publicly address Department of Justice subpoenas and a criminal probe he characterized as political pressure tied to the administration’s rate preferences.
In a video released Sunday evening, Powell directly addressed US President Donald Trump: “The threat of criminal charges is a consequence of the Fed setting rates based on our best assessment of what will serve the public, rather than following the preferences of the President.”
BREAKING: Fed Chair Powell responds after Federal prosecutors open a criminal investigation into him:
“The threat of criminal charges is a consequence of the Fed setting rates based on our best assessment of what will serve the public, rather than following the preferences of… pic.twitter.com/y1dRdoQ1fm
— The Kobeissi Letter (@KobeissiLetter) January 12, 2026
Bitcoin Community Reacts To The News The Bitcoin and broader crypto market responded immediately with a decent push higher, while “metals [were] blasting to new highs,” as analyst Will Clemente wrote via X.
The timing matters for crypto traders: the Fed is heading into its January 28 meeting with the market increasingly primed for a pause in cuts, amplifying sensitivity to any perception that monetary policy is being pulled into partisan conflict.
For Bitcoin-native observers, the episode read like a real-time stress test of institutional trust: one that flatters Bitcoin’s pitch. Clemente added via X: “This environment is literally what Bitcoin was created for. The President is coming after the Fed chair. Metals are ripping as sovereigns diversify reserves. Stocks & risk assets at record highs. Geopolitical risk rising.”
Alex Thorn, head of firmwide research at Galaxy, put the contrast in monetary regimes front and center, arguing that Bitcoin’s “credibly neutral, predictable, transparent, and censorship resistant monetary policy looks pretty good here,” after flagging Powell’s view that the subpoenas are “pretexts” for administrative meddling in monetary policy.
Others used the moment to widen the indictment beyond any single personality. Bitwise advisor Jeff Park argued that “independence alone cannot be a virtue when the institution at its core is incompetent,” adding that “the age of Bitcoin is drawing nearer.” Walker, a prominent pro-Bitcoin voice, framed it as a structural problem: “The problem isn’t President Trump or Jerome Powell. The problem is a centralized cabal of unelected banker-bureaucrats set the price of money and print it out of thin air.”
Notably, the bullish reflex wasn’t rooted in sympathy for Powell. Strive CEO Matt Cole wrote he had “zero sympathy” for the Fed chair and accused the central bank of “gaslight[ing] the American people” on independence, concluding: “Bitcoin is even more underpriced than we realized…”
Bitcoin’s move through $92,000 puts that narrative onto a price chart, but the same political-legal feedback loop that fuels the “neutral money” thesis can also intensify volatility. “For the first time ever, Fed Chair Powell is fighting back: Over the last 12 months, Fed Chair Powell has remained silent amid President Trump’s criticisms,” The Kobeissi Letter wrote via X, adding: “Today, that changed. […] Trump vs Powell will result in even more volatility.”
At press time, Bitcoin traded at $91,560.
Bitcoin needs to overcome the 0.618 Fib, 1-week chart | Source: BTCUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
2026-01-12 10:092mo ago
2026-01-12 05:032mo ago
U.S. inflation report, BNB Smart Chain's hard fork: Crypto Week Ahead
Bitcoin’s role as a non-sovereign risk asset may benefit from renewed investor focus thanks to the criminal investigation into US Federal Reserve Chair Jerome Powell.
Federal prosecutors opened a criminal investigation into Powell over testimony he gave to a Senate committee about renovations to the Fed’s buildings.
In a Sunday statement, Powell said the investigation is “a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.” President Donald Trump has repeatedly attacked Powell and the Fed for refusing to grant his demands to cut interest rates.
The investigation introduces short-term political headwinds for all risk assets, particularly US equities. However, a “systemic correction” in equities may bring renewed demand for Bitcoin’s (BTC) “non-sovereign” attributes, according to analysts from crypto exchange Bitunix.
“When confidence in dollar credibility and central bank independence is questioned, decentralized assets tend to receive narrative-driven risk premia,” the analysts told Cointelegraph. “Over the long term, if political interference in monetary policy becomes structural, Bitcoin’s role as a “non-sovereign risk asset” is likely to be further reinforced.”
Source: Federal ReserveBitcoin rose 0.85% over the last 24 hours, while privacy-preserving tokens Monero (XMR) rose 18% and Zcash (ZEC) rose 6.5% during the same period.
“This environment is literally what Bitcoin was created for,” commented popular Bitcoin analyst Will Clemente.
“The President is coming after the Fed chair. Metals are ripping as sovereigns diversify reserves. Stocks & risk assets at record highs. Geopolitical risk rising,” said Clemente in a Monday X post.
Crypto investor sentiment signals local bottom, smart money not buyingMeanwhile, data from crypto platform Matixport is signaling a gradual improvement in crypto investor sentiment, which increases the probability of a crypto market recovery.
“The moving average of our Greed & Fear Index is forming a clear base, a condition that historically coincided with Bitcoin bottoming phase,” wrote Matrixport in a Monday X post.
Source: MatrixportDespite the improving sentiment, the industry’s most successful traders, tracked as “smart money” by Nansen, are still betting on a short-term decline in Bitcoin.
Smart money traders top perpetual futures positions on Hyperliquid. Source: NansenSmart money traders were net short on Bitcoin for a cumulative $127 million, with $1.6 million worth of shorts added in the past 24 hours, according to crypto intelligence platform Nansen.
Yet, smart money was net long on Ether (ETH) price for $674 million and net long on XRP (XRP) for $72 million, signaling more upside expectations for these tokens.
Magazine: Would Bitcoin survive a 10-year power outage?
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-01-12 10:092mo ago
2026-01-12 05:062mo ago
Dubai Updates Crypto Rules: No Privacy Tokens, New Stablecoin Standards
Two newly created wallets have accumulated 409,935 Chainlink tokens. The total value comes to around $5.48 million. LINK has surged by 1.25% over the last 24 hours but remains under pressure. Two whale wallets recently accumulated over 400k LINK tokens for a collective worth of more than $4 million. This has triggered anticipation around the potential of Chainlink tokens to generate bullish yields in the times to come. For now, multiple factors are at play to possibly impact the performance of LINK and other tokens in the market.
Whale Wallets Accumulating LINK Two newly created wallets have accumulated 409,935 Chainlink tokens for a collective worth of approximately $5.48 million. One wallet, 0x10D, has reportedly withdrawn 202,607 LINK for $2.7 million at the time of the transaction. Another wallet, 0xb59, has withdrawn 207,328 tokens for $2.78 million at the time of the transaction.
Newly created wallets are accumulating $LINK, likely linked to a single entity.
— Onchain Lens (@OnchainLens) January 12, 2026 Interestingly, both wallets are believed to be linked to a single entity. This comes hours after LINK was seen plunging to $13 with a dip of 28% in its trading volume. Furthermore, sentiments towards Chainlink tokens shifted from neutral to slightly bearish at that time.
LINK Price at the Moment LINK is currently trading at $13.36, up by 1.25% over the last 24 hours at the time of writing this article. However, the token has declined by 1.44% in 7 days and 2.89% in one month. The 24-hour trading volume has retraced an upward trajectory with a jump of 64.3%.
According to LINK price prediction, it is possible for the token to soar by 49.23% in the next 3 months. This opens up the trajectory to mark a peak point at around $20.06 amid the medium volatility of 4.06%. It could demonstrate a surge of 14.19% within a month to trade at $15.35, assuming the volatility remains around the expected mark.
Factors Influencing Chainlink (LINK) Two whale wallets accumulating the token and its price prediction point to the direction of a bull run. But, there is a chance that Chainlink might be affected by multiple factors – thereby seeing volatility in LINK price. For instance, the recent unemployment rate and job growth data indicate that the US Federal Reserve may not change rates at all.
Also, the reported fallout between US President Donald Trump and Fed Chair Jerome Powell has deepened. Powell suggested that he could be indicted for not cutting rates after the January 27-28 meeting. And, Trump is now looking to impose a 500% tariff on countries that are buying Russian energy products. This could hamper international trade and affect investments in the crypto market.
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One of the inventors of Ethereum, Vitalik Buterin, argues that Ethereum needs better decentralized stablecoins to truly give people independence from the traditional financial system.
“We need better decentralized stablecoins,” Buterin said in a post to X on Sunday, in response to Gabriel Shapiro, a lawyer at crypto investment firm Delphi Labs, who said Ethereum is "tripling down on disrupting power to enable sovereign individuals.”
However, Buterin said for this to happen, decentralized stablecoins need to address three problems.
Three problems plaguing decentralized stablecoinsOne of the problems is that most stablecoins are pegged to the US dollar. CoinGecko data shows 95% of stablecoins are pegged to the USD.
Buterin argued that while tracking the USD may be acceptable in the short-term, a stablecoin’s survivability shouldn’t rest on the shoulders of a nation-state.
“On a 20 year timeline, well, what if it hyperinflates, even moderately?,” said Buterin, arguing that there should be an index to track that’s “better” than the price of the US dollar.
The second issue is related to oracles, which fetch real-world data for blockchains to ensure stablecoins maintain accurate value and proper collateralization.
Buterin said that an oracle needs to be strong enough to resist manipulation attacks without protocols raising costs for users or artificially inflating token prices.
The third issue, according to Buterin, is that staking returns need to remain high without destabilizing collateral or discouraging use.
He suggested sharply reducing staking yields to around 0.2% while introducing a new type of staking that avoids the usual slashing risks.
He also warned that stablecoin security must account for both protocol errors and network attacks, pointing out that no amount of Ether (ETH) can ensure a stablecoin’s stability and that mechanisms must be in place to navigate large price swings.
Source: Vitalik Buterin
The stablecoin market has boomed into a $311.5 billion market in 2026, up around 50% from the start of 2025.
It is widely used by individuals in emerging countries for cross-border transfers and as a savings vehicle, while institutions use it for large-scale transactions and liquidity management.
Decentralized stablecoins are far behind USDT, USDCTether (USDT) and Circle’s USDC (USDC) — both centralized stablecoins — currently make up over 83% of the market and lead trading volumes by a similar margin.
Decentralized stablecoin innovation appeared to stall after the TerraClassicUSD (USTC) stablecoin lost its peg in May 2022 and wiped $60 billion from the Terra ecosystem.
The Ethena USDe (USDe) stablecoin has arguably been the industry’s most notable entrant since then, while Dai (DAI) is still widely used in DeFi for borrowing, lending, and liquidity provision.
However, neither USDe nor DAI has meaningfully challenged USDT and USDC’s dominance, with market caps of $6.3 billion and $4.2 billion, respectively.
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