Market Signal Briefing

Rising activity clashes with weakening momentum as XRP price struggles, flashing warning signals while volume expands and traders reposition aggressively. 

Trading volume surged above $1.9 billion, reflecting a 19% daily increase, yet the price failed to follow higher. 

That divergence matters. Strong trends usually reward volume with continuation. Instead, sellers absorbed demand near resistance. 

At press time, Ripple [XRP] traded around $1.86, down nearly 2% over 24 hours, signaling fading buyer control. Short-term rebounds stall quickly, and support zones face repeated pressure. 

XRP price structure signals head-and-shoulders top
XRP price has carved a textbook head-and-shoulders structure on the daily chart. The left shoulder formed near $2.30, followed by a strong rally into the head around $3.00. Momentum then faded sharply. 

The right shoulder failed near $2.50, confirming buyer exhaustion. Price pressed the neckline support between $1.85 and $1.80 at press time.

Each bounce from this zone weakens noticeably. Sellers continue defending descending resistance near $1.95, capping upside attempts. 

This behavior reflects distribution, not consolidation. Importantly, XRP price already trades below the right-shoulder trendline. 

Therefore, failure to reclaim $2.00 keeps bearish control intact. A clean loss of $1.80 would open deeper downside continuation.

Source: TradingView

Open Interest decline confirms leverage exit over dip buying
Open Interest has dropped sharply, sliding 8.43% to $3.26 billion. That move carries clear implications. 

XRP price consolidated near support while leverage exited the market. Traders chose caution instead of adding exposure. 

In healthy trends, Open Interest expands alongside price. Here, the opposite unfolds. Long traders unwind positions as the price fails to rebound. 

Shorts also reduce size, yet selling pressure persists. As leverage unwinds, XRP price loses fuel for sharp recoveries. 

Consequently, price drifts lower without strong counter-pressure. This dynamic often precedes continuation moves rather than reversals. 

Without renewed leverage entering above $1.90, buyers struggle to absorb supply effectively, reinforcing downside risk.

Negative funding reveal growing short-side conviction
OI-Weighted Funding Rates have flipped negative, hovering near -0.0010% at press time. That shift signals intent across Derivatives markets.

Short traders now pay to maintain positions, while long traders step aside. XRP price reflected that imbalance clearly.

Each rally toward $1.90–$1.95 attracts renewed selling pressure. Moreover, funding remains negative across multiple sessions, reinforcing bearish positioning. 

Negative funding during support tests raises the risk substantially. Shorts grow comfortable, pressing price lower, especially below $1.85. Buyers hesitate, waiting for confirmation that never materializes. 

As a result, XRP price lacks upward momentum. This funding structure strengthens the downside narrative rather than supporting stabilization.

Liquidation data highlights heavy downside concentration
The Liquidation Heatmap showed dense liquidity stacked beneath the aforementioned XRP price levels. Major liquidation clusters sat near $1.85, with deeper concentrations between $1.80 and $1.77. 

XRP price traded close to $1.86, placing it directly above a high-risk liquidation pocket. Upside liquidity thins rapidly beyond $1.95, limiting rebound potential. 

In contrast, downside zones glow with concentration. When momentum weakens, price often gravitates toward these liquidity pools. 

Therefore, a break below $1.85 could trigger accelerated liquidations toward $1.80. Failure to hold $1.77 would expose the $1.60–$1.50 region next, amplifying bearish continuation pressure.

Conclusively, XRP price shows aligned weakness across structure, leverage, funding, and liquidity. Each metric reinforces the same bearish narrative. Buyers hesitate near resistance, while sellers defend key zones aggressively. 

Volume rises without upside continuation. Leverage exits instead of building. Funding favors shorts. Liquidity clusters sit lower. Together, these conditions increase downside probability. 

If the XRP price loses $1.80, momentum could accelerate rapidly. Under sustained pressure, psychological support near $1.00 comes into focus.

Unless buyers reclaim control above $2.00, the risk of XRP price losing $1 remains firmly in play.

 Final Thoughts

XRP price remains structurally weak, with sellers controlling momentum and liquidity direction.
Without a decisive buyer response, downside continuation appears increasingly likely. 

In brief
Some crypto ATMs were targeted by law enforcement in 2025.
Meanwhile, some states took action against Bitcoin ATM operators.
There were some renewed calls for restrictions on Capitol Hill.
Crypto ATMs faced heightened scrutiny in 2025, as authorities and lawmakers tried to confront a growing number of scams facilitated by these machines in the U.S.

Some officials took matters into their own hands with power tools, while two attorneys general brought lawsuits against several of the biggest firms in the space. Meanwhile, agencies and other entities issued consumer alerts addressing the elderly.

Crypto ATM operators say their machines provide a valuable service, allowing anyone to buy digital assets like Bitcoin with physical cash. However, critics argue that these firms could do more to prevent older Americans from losing funds to scams—even if that’s bad for business.

Last year, Americans reported $246 million in losses from crypto ATMs to the Internet Crime Complaint Center, a 99% increase compared to the year prior, according to an annual report. Around 43% of those losses stemmed from Americans over the age of 60.

The scam is fairly straightforward: Older Americans are withdrawing cash from their bank accounts, converting it into crypto using operators’ machines, and then sending it to people who are impersonating the government, a business, or workers in tech support.

Still, some renditions are more creative than others, including a scam in Massachusetts where residents lost money to people demanding crypto payments for supposedly missing jury duty.

The irreversible nature of crypto transactions makes it challenging for victims to recover funds once scammers disappear, while the fine print of user agreements associated with these machines has emerged as another potential barrier in court.

The Iowa Supreme Court, for example, found in two cases this year that a crypto ATM operator was entitled to keep the cash associated with fraud, because the company’s terms and services require users to say they own the digital wallet receiving funds—not third-parties.

“Once that transaction is completed, when the user inserts their cash and their crypto is funded into the wallet of their choosing, that ends our involvement in the transaction,” Chris Ryan, chief legal officer of crypto ATM operator Bitcoin Depot, told Decrypt in June.

Bitcoin Depot works with local law enforcement to track victims’ crypto, but by breaking into the company’s machines, Ryan said authorities are creating more victims, leaving them with damaged property and missing cash at least a dozen times a year.

Earlier that month, Jasper County sheriffs sent sparks flying when they cut into one of Bitcoin Depot’s kiosks at a rural gas station in Texas. In total, law enforcement retrieved $32,000 in cash, which Bitcoin Depot said actually belonged to them.

‘Common-sense guardrails’In Iowa, Bitcoin Depot and competitor CoinFlip have faced pressure from Attorney General Brenna Bird. In February, she filed a lawsuit against the companies, claiming that they profit off of scam victims while charging “massive, hidden transaction fees,” according to a fact sheet.

The criticism regarding hidden fees was later echoed by Washington, D.C. Attorney General Brian L. Schwalb, who filed a lawsuit against crypto ATM operator Athena Bitcoin in September. In some cases, the federal district’s residents were paying 26% undisclosed fees, he alleged.

Schwalb’s lawsuit, which accused Athena of exploiting elderly adults while violating consumer protection laws, argued that warnings displayed on the company’s machines were irrelevant, considering the circumstances under which most victims are approached them.

“Elderly scam victims standing terror-stricken in gas stations, pockets stuffed with uncomfortable amounts of cash, do not understand what it means to ‘generate’ a cryptocurrency wallet or have their own ‘personal Bitcoin wallet,’” the lawsuit’s complaint stated.

An Athena spokesperson told Decrypt that the firm strongly disagrees with the allegations and will defend itself in court. Bitcoin Depot and CoinFlip denied claims in Bird’s lawsuit, while highlighting procedures like ID checks and refunded transaction fees to ABC News.

This year, Sen. Dick Durbin (D-IL) introduced the Crypto ATM Fraud Prevention Act. The legislation would impose strict transaction limits on crypto ATMs, while requiring companies to offer full refunds to fraud victims if they report losses within a certain period.

Durbin said the legislation features “common-sense guardrails” that could protect the elderly, but the bill hasn’t progressed since it was introduced in the Republican-led Senate in February.

Although efforts to regulate crypto ATMs at the federal level have been unproductive this year, over a dozen states drafted or passed bills or regulations calling for limits on transactions, scam warnings, and refund options, or new licensing requirements, according to AARP.

In June, the nonprofit dedicated to older Americans found that 20 states had moved to address a growing number of scams facilitated by crypto ATMs, noting that it is “continuing to work with lawmakers in other states to adopt similar protections to prevent fraud using crypto kiosks.”

At the time, city council members in Spokane, Washington, had just passed a citywide ban on crypto ATMs, affecting around 50 kiosks located in the local area.

A couple of months later in August, Illinois became the first first state in the Midwest to pass bills aimed at curbing fraud related to crypto ATMs, requiring ATM operators to register with state regulators, cap transaction fees at 18%, and limit daily transactions to $2,500 for new users.

That same month, the Treasury Department’s Financial Crimes Enforcement Network issued an urgent warning on crypto ATMs, saying “the risk of illicit activity is exacerbated” by operators that don’t maintain proper procedures under the Bank Secrecy Act.

As of mid-November, around 30,750 crypto ATMs had been installed across the U.S., representing 78% of kiosks worldwide, according to Coin ATM Radar. Still, the global tally of machines has hovered around 40,000 since 2022.

Local governments in the U.S. have pursued restrictions on crypto kiosks, but some countries have taken a sweeping approach to safeguards. New Zealand, for example, outlawed the machines across the country in June, as part of efforts to choke off criminal finance.

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TL;DR

TRX trades above $0.28, supported by an $18M capital injection from founder Justin Sun.
Key technical levels: support at $0.28/$0.275; resistance at $0.29–$0.30.
The news is seen as a confidence boost for TRON’s payments and stablecoin narrative.

TRON (TRX) traded above $0.28 on December 30, supported by an $18 million capital injection from Justin Sun and a selective rebound across altcoins. Price action showed strong in the TRX/USD pair while traders monitored whether momentum could clear nearby resistance with matching volume.

Justin Sun directed funding through Black Anthem Limited, with shares purchased at $1.3775. Tron Inc. — a company running a blockchain-integrated treasury and a merchandising subsidiary for entertainment venues — stated that new capital strengthens the balance sheet, expands digital-asset reserves, and accelerates execution in on-chain payments and Web3 infrastructure. CEO Rich Miller called the operation an endorsement of the roadmap and long-term vision. Earlier treasury expansions already positioned the firm as a leading corporate holder of TRX.

Market participants read the announcement as a confidence signal in TRON for decentralized applications and stablecoin transfers, a segment where USDT flows on the network remain elevated in activity and user growth. That backdrop helps explain defensive behavior in TRX during broader volatility across large caps.

Price, levels, and immediate technical read
The TRX/USD pair holds $0.28 as operational support and printed intraday highs above $0.286, with 24-hour volume above $560 million. In the very short term, traders mark resistance at $0.290–$0.300; a daily close north of that band would validate tactical buying continuation. On the downside, $0.275 and $0.268 act as risk-management zones; a clean break could open room toward $0.258.

The impulse comes from two fronts: a corporate catalyst via Sun’s funding and a broader market tone improvement. The mix of fresh liquidity and adoption narrative favors near-term bullish bias, provided that volume confirms. In derivatives, stable open interest without outsized leverage reduces cascade-liquidation risk, which helps smooth pullbacks during profit-taking.

On fundamentals, Tron Inc. plans to channel proceeds into global payments, Web3 rails, and treasury management with TRX at the core. Alignment among founder, network, and corporate vehicle adds visibility to token demand, a factor that often dampens weakness in spot pricing. For market validation, the key lies in execution: delivery of products, integrations, and on-chain metrics that confirm sustained traction.

TRX defends $0.28 with buy-side momentum fueled by corporate capital and network usage. The setup improves if price reclaims $0.30 on rising volume. Until that occurs, risk control centers on $0.275–$0.268 and intraday tape to avoid entries in extension. On the fundamental front, the $18 million injection supports a story of institutional accumulation around TRON and its role in payments and Web3.

Internet Computer has dropped back near $2.90 after a November breakout and short squeeze above $9. Supply has expanded as burn has stayed low, and DFINITY's Caffeine AI release has not produced sustained on-chain usage. Support near $3 is in focus for 2026. Levels to watch: $3.11 and $2.74 into Q1.

Fears that a drop in Bitcoin (CRYPTO: BTC) to $74,000 would push Michael Saylor's Strategy (NASDAQ:MSTR) toward bankruptcy are largely misplaced, according to fresh analysis.

What Happened: In a recent post on X, market commentator Bull Theory pointed out that Strategy now functions primarily as a Bitcoin treasury company.

It holds about 672,497 BTC, valued near $58.7 billion at current prices, against roughly $8.24 billion in total debt.

Even if Bitcoin fell to $74,000, those holdings would still be worth about $49.8 billion, well above the company's liabilities.

Forced Liquidation Fears Misunderstand Strategy's Debt Structure

Strategy does not use margin loans, its Bitcoin is not pledged as collateral, and there are no price-based liquidation triggers.

Most of its debt consists of unsecured convertible notes, which do not allow lenders to seize Bitcoin if prices decline.

Strategy also holds approximately $2.19 billion in cash, enough to cover about 32 months of dividend and interest obligations, estimated at $750–$800 million annually.

Its software business continues to generate revenue, and there are no major debt maturities until 2028, giving the company flexibility even in a prolonged downturn.

Also Read: Bitcoin, Ethereum, XRP, Dogecoin Pause Ahead Of FOMC Minutes Release

Why It Matters: Bull Theory cautioned that longer-term risks remain.

Continued share issuance to fund Bitcoin purchases could lead to dilution, especially if the stock trades below net asset value for an extended period.
Persistent dilution could eventually constrain capital-raising options and, in a severe and prolonged bear market, force management to reconsider its strategy.
For now, however, Strategy's liquidity position and balance sheet suggest that a drop to $74,000 in Bitcoin would not threaten its solvency, and its long-term plan remains intact.

Read Next:

Bitcoin 2026 Price Predictions: Who’s Bullish, Who’s Bearish, And Why?
Image: Shutterstock

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The Bitcoin price has entered a technical bear market, having fallen by about 30% from its all-time high of $126,250 to the current $89,000.

Summary

Bitcoin has also formed several bearish chart patterns, indicating a deeper decline in the coming weeks.
The Federal Reserve will publish minutes of the last monetary policy meeting at 2 p.m. EST.
A Polymarket poll with over $1 million in assets predicts that the Fed will cut rates two times, with others expecting three cuts.

Bitcoin (BTC) has also formed several bearish chart patterns, indicating a deeper decline in the coming weeks ahead of the Federal Open Market Committee (FOMC) minutes.

These minutes, which will be released at 2:00 p.m. Eastern Time, will provide additional detail on what happened in the last meeting. The Federal Reserve decided to cut interest rates by 0.25% for the third consecutive time this year.

Officials brought rates to between 3.50% and 3.75% and hinted that it will deliver one more cut in the coming year. However, most analysts believe that the bank will deliver more cuts.

A Polymarket poll with over $1 million in assets predicts that it will cut rates two times, with others expecting three cuts.

Bitcoin price technical analysis as bearish patterns forms
BTC price chart | Source: crypto.news
The weekly timeframe chart shows that Bitcoin started a bull run at $15,460 on November 22 to a record high of $126,200 in October this year.

There are signs that the bull run is ending as it has formed several bearish chart patterns. For example, the token has formed a rising wedge, which is made up of two ascending and converging trendlines.

The coin is in the process of forming a bearish pennant pattern, which is made up of a vertical line and a symmetrical triangle pattern. The two triangles are now nearing their confluence, meaning that a bearish breakout is about to happen.

Oscillators have also formed a bearish divergence pattern. For example, the Percentage Price Oscillator peaked in April last year and recently moved below the zero line. The Relative Strength Index has moved below the neutral point at 50 and is pointing downwards.

Most importantly, the coin has moved below the Supertrend indicator, which turned red in November. The last time this occurred was in January 2022, and it declined from $52,000 to $15,460 thereafter.

Therefore, Bitcoin price will likely have a strong bearish breakout, potentially to the key support level at $74,368, its lowest level in April last year. A move below that level will indicate further downside, potentially to the psychological level at $70,000.

2026 predictions
After a year of blown calls — including Chamath Palihapitiya’s now-infamous “Bitcoin by October 2025” prediction — faith in crystal-ball price targets has taken a hit. By the end of 2025, “target-price narratives” were less prophecy and more cautionary tale, with analysts retreating to scenario ranges instead of bold guarantees.

According to a Wu Blockchain roundup, predictions now span a chasm wide enough to fit an entire bear market — from six-figure highs powered by ETF inflows and institutional demand to stomach-churning drawdowns if macro conditions tighten or technicals break.

The bulls see Bitcoin climbing anywhere from $150,000 to $250,000, driven by spot ETFs, Wall Street adoption, and looser monetary policy.
The bears warn of a potential drop to $70,000 or even $60,000.

The one point of agreement? Bitcoin’s fate in 2026 will hinge less on halving folklore and more on liquidity, regulation, and whether institutions continue to buy when the chart stops cooperating.

Source: CoinGecko

Why Trust CoinGape

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.

Pi Network price is stuck in a bear market this month, and odds are high that it will continue falling as demand fades and token unlocking continues. The token dropped to the current $0.2027 on Tuesday, down by 30% from its November highs. 

Pi Network Price at Risk as Demand Dries and Supply Rises
The Pi Coin price has dived by over 90% from its highest level this year, and this freefall may continue in the near term as headwinds continue rising.

One of the main headwinds is that Pi’s demand has largely dried during the ongoing crypto market crash. Data compiled by CoinMarketCap shows that the 24-hour volume stood at just $8.6 million, making it one of the least traded coins in the crypto industry.

An $8.6 million daily volume is also a tiny one for a cryptocurrency with a market capitalization of over $1.69 billion. In contrast, the recently launched Midnight token had a volume of over $200 million.

One reason for the decline in volume is that Pi is not listed in the biggest crypto exchanges like Binance, Upbit, and Coinbase. Some of these companies are concerned that Pi may be a scam, while others believe that it is highly centralized.

The falling volume is notable as the network continues to boost the supply through the daily unlocks. Data shows that the network unlocked over 190 million tokens in December. It will then unlock over 136 million tokens in January and 1.24 billion tokens worth $252 million in the next 12 months.

Data shows that there are 8.3 billion tokens in circulation and a maximum supply of 100 billion tokens. This means that over 91.7 billion tokens will be unlocked eventually.

Pi Network price has more headwinds that will impact its performance. For example, some analysts believe that it has become a ghost chain with no applications in the ecosystem.

Pi Network Price Technical Analysis 
The eight-hour chart shows that the Pi token price has dropped sharply from the November high of $0.2823 to the current $0.2028.

Pi Network has formed a double-top pattern at $0.2823 and a neckline at $0.2021, its lowest level on November 4 this year.

The token has moved below the 50-period Exponential Moving Average (EMA), while the MACD is stuck at the neutral point at zero. 

Pi Network Price
Therefore, the token will likely have a strong bearish breakout in the coming days, with the next key target level to watch being at $0.1515, its lowest level in October this year. 

The bearish Pi Coin price prediction will become invalid if the token rises about the important resistance level at $0.2150, its highest point on December 20th.

Frequently Asked Questions (FAQs)

The most likely Pi Network price prediction is bearish, with the next key support level to watch being the all-time low at $0.1500.

The Pi Network price will likely crash as demand falls and the supply rises through token unlocks.

Pi token is a risky token that has numerous bearish catalysts, including the lack of exchange listings and the lack of an ecosystem.

Streamlined access to Injective's research insights empowers developers with technical and regulatory information.

Key Takeaways

Injective launches a research page dedicated to technical resources.
The page offers streamlined access to technical papers, whitepapers, and analysis relevant to Injective.

Injective, a high-performance blockchain designed for finance-focused decentralized applications, today launched its dedicated research page.

The new hub provides centralized access to technical papers, whitepapers, tokenomics analyses, and policy recommendations that the project has submitted to the SEC.

“From novel technical papers to Injective’s policy recommendations to the SEC, everything is now one click away,” the team said via its official X account.

The page aims to streamline the discovery of Injective’s analytical content for developers and users seeking insights into the protocol’s technical architecture and regulatory engagement.

Disclaimer

XRP has spent 70 days under the 50-week SMA, matching past cycles that preceded major rallies, while analysts monitor key support levels.

Ripple’s XRP has now spent 70 days below its 50-week Simple Moving Average (SMA), a level that has acted as a launch point in past cycles.

Analysts tracking the asset say this phase often ends with a breakout. Previous patterns show a similar setup before XRP made large price moves.

Pattern Repeats Across Multiple Cycles
Crypto analyst Steph Is Crypto has outlined this recurring behavior across three previous cycles. In 2017, XRP traded below the 50-week SMA for 70 days and then climbed by over 200%. In 2021, a 49-day drop under the same line led to a 70% gain. Then in 2024, after 84 days below, XRP rose by over 850%.

Remarkably, the token has now repeated the 70-day period under the SMA, with no breakout confirmed yet. The chart from Steph Is Crypto shows price compression under the moving average, followed by upside expansion in past examples. The same setup appears to be forming now. He commented,

“Right now, XRP is sitting inside the same historical window that previously marked the end of downside and the start of expansion.”

Moreover, XRP’s current 2025 chart is also drawing comparisons to earlier setups from 2016 and 2024. In both years, the price followed a three-wave correction labeled A-B-C. The structure lasted 120 to 150 days and ended in a breakout. The 2025 chart shows the same form, now reaching 150 days.

This phase has been marked by slow, sideways action and low volume. The structure aligns with what was seen before earlier rallies. Steph Is Crypto noted,

“Nothing about this looks exciting. And that’s usually what XRP looks like right before it moves.”

Fractal Model Offers Levels and Timing
Analyst Egrag Crypto has updated his fractal model, which he says currently tracks XRP’s behavior with around 82% accuracy. They shared a range of potential price levels if the model holds: $3.20, $8.00, $15–16, and $20–27. These are tied to how XRP continues to follow the same path.

You may also like:

Why Ripple (XRP) Downtrend May Deepen Amid Rising Exchange Inflows

XRP Leverage Unwinds as Speculators Exit, Open Interest Hits 2024 Lows

Ripple (XRP) ETFs Continue to Outperform BTC, ETH Funds Despite Cooling Inflows

They added that a break below $1.60 would weaken the model. A move under $1.30 would invalidate it. The fractal is being treated as a live model, not a confirmed forecast. The time range for possible expansion is June to October 2026.

XRP Price Chart 30.12. Source: Egrag Crypto/X
Near-Term Action and Risk Factors
XRP is priced at $1.86 at press time, down 2% in the past 24 hours and 1% over the last week. Analyst CryptoWZRD said the price needs to stay above $1.98 to remain in bullish territory. They also mentioned support at $1.82 and resistance near $2.75.

On the caution side, analyst Ali Martinez raised concerns about a possible short-term correction, warning that XRP could drop by over 55% if certain levels fail. He pointed to technical signs that could open a path toward $0.80, especially if rejection continues near key resistance.

In addition, XRP inflows to centralized exchanges have been rising, as previously reported by CryptoPotato. Binance continues to account for the largest share of XRP volume. Higher exchange inflows are often seen as a sign that traders are preparing to sell.

Tags:

Tue, 30/12/2025 - 17:26

BitMine’s Ethereum treasury continues to expand, and it has now surpassed $12 billion, as the firm continues to stack up the tokens in large quantities.

Cover image via U.Today

BitMine, the world’s biggest Ethereum treasury, chaired by Tom Lee, has added more Ethereum tokens to its rapidly expanding Ethereum treasury despite growing uncertainties across the crypto market.

Following recent Ethereum purchases identified from the platform, it appears that BitMine has not relented on its long-term conviction in Ethereum after acquiring $132 million worth of ETH over the past week, according to on-chain data from blockchain intelligence platform Arkham.

BitMine surpasses $12 billion milestone While BitMine has continued its aggressive Ethereum buying spree, its latest purchase has seen the treasury reach a massive $12.24 billion.

HOT Stories

While the firm also boasts holding about $1 billion in cash, it has sufficient resources to continue accumulating Ethereum while expanding its large Ethereum treasury.

The data showcased by the source revealed a steady withdrawal of large amounts of ETH into BitMine-associated wallets over the past week, with individual transfers ranging from 15,000 to 28,000 ETH per transaction.

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While the data further showed that some of the transfers were moved through Ethereum’s BatchDeposit contract, it appears that BitMine has moved a portion of the funds for staking purposes.

BitMine's treasury nears 4% of ETH supplyFollowing its consistent accumulation of Ethereum, even during periods of high volatility, BitMine now controls about 3.39% of Ethereum’s total circulating supply, positioning the firm as the largest holder of Ethereum and a major force that can easily influence the asset’s market movement.

While BitMine now holds $12.24 billion in its treasury, the firm would need to purchase an additional $2.2 billion worth of ETH at current prices to hit the major 4% Ethereum ownership target, according to analysis provided by the source.

With its consistency in regular Ethereum purchases, coupled with the $1 billion held in cash and the firm’s sufficient liquidity position, BitMine is expected to hit the 4% threshold in the near future.

Source: TradingViewFollowing BitMine’s aggressive purchases, Ethereum has returned to the positive trading side, showing a decent increase of 1.53% over the last day while trading at $2,980 as of writing time.

Related articles

Why Trust CoinGape

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.

Discussion around a potential Golden Cross in 2026 has intensified as Shina Inu price compresses instead of breaking decisively lower. This is important since Golden Cross set-ups are the results of long-term stabilization, rather than sudden rallies as the 50-EMA crosses above the 200-EMA. 

SHIB price has spend months trading below resistance and interacting continuously with a well-defined demand base. This framework will dictate whether the moving averages will converge by 2026 or will be stuck in the bearish position.

Will Shiba Inu Price Structure Form a Golden Cross in 2026?
At the time of press, Shina Inu value sits at $0.00000715 and it is above a clearly defined demand zone. SHIB price still reveres the $0.0000070-$0.0000075 range, with repeated sells not yielding follow-through. 

Shrinking candle ranges and muted downside extensions show active absorption rather than aggressive distribution, helping price form a base.

This behavior strengthens the probability of a golden cross formation because the 50 EMA already sits below the 200 EMA, which is the correct structural positioning for a bullish crossover. However, positioning alone does not ignite a golden cross.

Price will have to regain structure and grow upwards to push EMA convergence. A clear move out of the descending wedge and the continued acceptance of the price above $0.0000082 would probably accelerate the upward movement and narrow the gap between the two averages.

Besides, trading around the demand zone also plays a critical role. Holding above $0.0000070 continued is long enough to allow EMA flattening to occur. 

If a golden cross develops, SHIB price might rebound to $0.0000090, then to $0.0000115, and eventually $0.00001432  as the trend strength is restored. However, a failure to hold above $0.0000070 level will invalidate this price set up and further delay the crossover.

SHIB/USDT Daily Chart (Source: TradingView)
Indicators Support Base Strength Shaping SHIB Price Outlook
Notably, indicators reinforce stabilization rather than trend reversal at the moment. The RSI sit at around 38, indicating bearish pressure with no oversold growth. This action is consistent with price holding demand and indicates the declining downside efficiency instead of the revitalized strength of selling.

MACD is still in the negative but the MACD line has crossed the signal line and the bars on the histogram have begun to appear positive. This change is an indication of a positive short-term momentum in the consolidation, rather than a complete turnaround. 

These signal-line crossovers can be common at early base phases and can often be the forerunners of EMA slope changes. 

Should the SHIB price overcome the downward channel and create higher lows, this positive momentum pattern would probably continue. This would favor the gradual convergence of the 50 EMA and the 200 EMA, strengthening the long-term SHIB price outlook. 

SHIB Technical Indicators Chart (Source: TradingView)
Open Interest Rises as Despite Daily Price Decline
Additionally, the open interest rose by roughly 6%, lifting total OI toward $81 million, despite a daily price decline of 3.58%. This deviation indicates that traders are putting exposure on consolidation as opposed to offloading positions. 

Rising open interest without downside expansion reinforces the view that the demand zone functions as a positioning base.

The leverage is not skewed aggressively short, but it seems to be balanced, reducing the risk of a breakdown in the short term. Breakout above structure would result to repositioning and increase of upside momentum. 

On the other hand, a demand-less failure would unravel leverage within a short period. This will would strengthen the continuation of the trend at a lower level. Open interest therefore amplifies structural outcomes but does not dictate direction independently.

SHIB Open Interest Chart (Source: CoinGlass)
To sum up, the Golden Cross scenario of Shina Inu price in 2026 is structurally valid though conditional. Price needs to keep the demand on the defensive side and overcome the downward wedge to increase the rate of EMA convergence. 

Sustained acceptance above $0.0000082 would support recovery and crossover development. However, a clear collapse of the $0.0000070 level nullifies the structure, postponing the Golden Cross formation. 

Frequently Asked Questions (FAQs)

A Golden Cross occurs when a short-term moving average crosses above a long-term moving average, signaling a potential trend shift.

Consolidation allows momentum to stabilize and moving averages to flatten, creating conditions needed for convergence.

Traders track EMA slope and distance to assess whether momentum favors trend continuation or transition.

Bitcoin's 2025 rally sat on a liquidity foundation that looks solid until investors examine what changed in the final quarter. Some analysts point to global liquidity indexes hitting record highs and declare the wave is still building.

Iran’s rial has plummeted to record lows, prompting widespread protests and further economic instability.
Bitwise says Bitcoin is increasingly looked upon as a hedge against fiat currencies that could collapse in a wave of inflation.

A sharp drop in the value of the national currency of Iran, the rial, has catalyzed widespread protests and has renewed global conversations about digital assets serving as a hedge against severe instances of fiat currency devaluation. In light of continued economic stress, international sanctions, and banking instability, the recent precipitous tumble of the rial has forced ordinary Iranians to suffer financial hardship and has restarted discussions among heads within the crypto industry about Bitcoin’s potential utility in a monetary crisis.

The Iranian Rial Falls to Record Lows
Even more depreciated is the Iranian rial currency, with its worth denoted at over 1.4 million rials per U.S. dollar. This rate is a historic low in Iran. Its depreciation contributes much to inflation, whose level is over 40% within a year. It leads to an increase in the cost of necessary products like food, fuel, and medications. It also destroys savings.

Unrest erupted in large cities like Tehran, Isfahan, and Mashhad, as business owners and traders, as well as common citizens, demanded the stabilization of the national currency. This act of unrest was reinforced by the resignation of the governor of the Central Bank of Iran, Mohammad Reza Farzin, which brought uncertainty to the nation’s economic policies.

Bitcoin Showcased as Store of Value During Times of Turmoil
Bitwise CEO Hunter Horsley commented on X by stating on his social networking site, “It’s ironic that Bitcoin, as something new and experimental, can be regarded as a means of preserving value when traditional currencies fail.” He further commented, “Bitcoin is a new way for people to protect themselves if countries continue to mishandle money.”

His comments echo wider industry discourse about the utility of Bitcoin within speculation, especially within a digital form that is decentralized, non-censorable, and not subject to state-controlled national currencies. It has been suggested within previous analyses that conditions within regions where currencies are being challenged could lead to an increase in the uptake of Bitcoin.

However, the collapse in Iran’s currency illustrates what many sanctioned and inflation-ridden economies have gone through. Some investors then look for alternative assets, and that is reflected in Bitcoin’s movements and some recent regulated Bitcoin-related developments in the US.

Highlighted Crypto News:

Lighter DEX Introduces Native LIT Token as Part of Ecosystem Expansion

Lighter DEX launches LIT token with a major 25% airdrop, distributing tokens to early users who accumulated points in 2025. 

The Layer 2 DEX is a decentralized exchange based on Ethereum and revolves around perpetual contracts and has quickly become one of the leading decentralized trading platforms.

The crypto market rose 1.12% over the last 24 hours, rebounding from a recent low.

LIT Airdrop Marks Key Milestone for Lighter DEX
The airdrop immediately converted 12.5 million user-earned points into LIT tokens, representing one-fourth of the project’s fully diluted token supply. 

This initial allocation rewards the community and gives the initial impetus to the native token ecosystem of Lighter DEX.

Although the market excitement was high, the price of LIT plummeted by 30% just after its launch, stabilizing at around 2.45. 

The remaining 25% of the ecosystem allocation will be used for future points seasons and, to a lesser degree, partnerships and growth initiatives. The team and investors all have a 1-year unlock and 3-year linear vesting after. The breakdown is 26% team, 24% investor.

— Lighter (@Lighter_xyz) December 30, 2025

The analysts blame the fall on the normal sell-offs of the post-airdrop along with speculative selling during the first few hours of the trade.

Balanced Tokenomics and Structured Vesting Plan
The LIT token supply has an equal split of 50% to the ecosystem and the remaining half to the team and investors. According to Lighter DEX, the ecosystem component will finance future rewards, alliances, and protocol extensions.

One-year team and investor commitments are fixed, and another three-year linear vesting plan. The long-term strategy will align the incentives of all the stakeholders, hence less pressure on short-term sales.

In contrast to the conventional governance accessories, LIT is actively involved in the operation of the platform. Staking LIT opens up more enhanced trading and provable levels of execution. These will grow as Lighter DEX goes decentralized and increase the utility of LIT of higher stakes.

Valuation Debate as LIT Enters the Market
Premarket trading put LIT at approximately $3.20, implying a fully diluted value of over three billion dollars. 

Prediction platforms, nevertheless, are not unanimous as to whether LIT will be able to retain or exceed this valuation in the near future.=

The average weekly trading volume of Lighter DEX has been more than 2.7 billion, with Hyperliquid and Aster coming right behind. 

In late 2024, the HYPE token of Hyperliquid was issued at a valuation of FDV of 4.2 billion. This analogy makes light of Best DEX as a comparable story in the development of the decentralized derivatives industry.

Having a zero-knowledge rollup architecture and a C-corp that is registered in the United States. Lighter DEX plans to provide verifiable order matching and liquidation, key benefits distinguishing it from its competitors.

With the growth of open trading and the adoption of tokens, the market will either build LIT as a long-term or short-term hype.

What’s Next For Lighter Price?
As of the reporting, the Lighter (LIT) price hovered at $2.89, reflecting a slight surge of 4% on the 4-hour chart.

LIT had just hit a low of $2.30 and then picked itself up marginally. The current price is below a critical level of price at $3.00.

In case the bears sink to less than $2.75, the next downside level might be at $2.70, which coincides with the past volume nodes.

On the upside, the $2.90 level remains a key resistance, with a further breakout possibly targeting $3.00. 

Frequently Asked Questions (FAQs)

LIT is Lighter DEX’s native token. It unlocks trading features, supports staking, and powers the platform’s decentralized infrastructure.

Lighter DEX converted 12.5 million user-earned points into LIT tokens, representing 25% of its total fully diluted supply.

CoinShares has reported $70.2M XRP inflows as digital asset funds have seen $446M weekly outflows. Bitcoin has lost $443M and Ethereum $59.3M. U.S. products have had $460M withdrawals, while Germany funds have added $35.7M. Franklin Templeton's XRP fund has taken in $28.6M. SOL products added $7.5M.

Brazilian union Sindipetro-NF, one of the largest representing Petrobras workers, accepted on Tuesday a counteroffer from the state-run oil company for a labor deal, suspending a strike launched earlier this month.

Shares of Apple (NASDAQ:AAPL) certainly aren't going for cheap, even after a near-5% December dip, now going for around 33.0 times forward price-to-earnings (P/E).

HomeStock IdeasLong IdeasTech 

SummaryAdvanced Micro Devices, Inc. has robust growth metrics but you have to question its valuation with seemingly rich multiples.AMD's Q3 delivered 36% revenue growth, margin expansion, and strong performance in data center, client, and gaming segments, offsetting embedded segment weakness, and more to come.If shares retrace, AMD stock could be incredibly attractively valued given our projections for EPS growth for 2026.An early view for 2026 results is provided, with EPS possibly rising 70%. Sakorn Sukkasemsakorn/iStock via Getty Images

Advanced Micro Devices, Inc. (AMD) stock is a name we have traded at BAD BEAT Investing a number of times and hold a position consisting of house money. That is, we are holding a position

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMD 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.

Key Takeaways First Majestic shares soared 205% in a year, outperforming the broader industry's strong gains.AG sold the Del Toro mine and acquired Gatos Silver, lifting production and strengthening scale.First Majestic posted record Q3 cash flow as higher output and surging silver prices boosted the results.
First Majestic Silver Corp. (AG - Free Report) shares have skyrocketed 205.1% over the past year compared with the industry's upsurge of 201.7%.

Image Source: Zacks Investment Research

What’s Aiding First Majestic?Portfolio Optimization Efforts: In Mid-December, First Majestic announced that it inked a definitive agreement with Sierra Madre Gold & Silver Ltd. to sell the Del Toro Silver Mine. The Del Toro Mine, located in Mexico, is a past-producing silver, gold and lead mine fully owned by First Majestic and was placed under care and maintenance by it in January 2020.

The deal is inked for total consideration in cash and shares of up to $60 million. Sierra Madre will give $20 million in cash and $10 million in common shares to AG at a closing price of $1.30 per share. First Majestic will receive $10 million within 18 months of closing.

Strategic Acquisition: In January 2025, AG completed the deal to acquire Gatos Silver, under which AG will gain a 70% interest in the high-quality and long-life Cerro Los Gatos Silver underground mine.

The Cerro Los Gatos mine, combined with First Majestic’s existing San Dimas Silver/Gold mine and the Santa Elena Silver/Gold mine, will boost AG’s annual production to 30-32 million ounces of silver equivalent. This includes silver ounces of 15-16 million.

The combined entity, with a pro-forma market capitalization of around $3 billion, will have an enhanced production profile with a strong balance sheet and margins. Meaningful synergies are expected through corporate cost savings and supply-chain and procurement efficiencies. Acceleration and optimization of internal projects and exploration programs are expected to deliver meaningful value creation for its shareholders.

AG’s total silver production in the third quarter included a contribution of 1.4 million ounces from Cerro Los Gatos.

Solid Q3 Performance: AG’s total production reached 7.7 million silver-equivalent (AgEq) ounces in the third quarter of 2025. The figure includes a record 3.9 million silver ounces and 35,681 gold ounces. It also includes 13.9 million pounds of zinc and 7.7 million pounds of lead. The AgEq ounces produced marked a solid 39% year-over-year increase, attributed to a 96% surge in silver production.

First Majestic achieved a record quarterly free cash flow in the third quarter. The company’s cash flow surged 67.5% year over year to $98.8 million, with liquidity reaching $682 million. AG reported a record working capital of $542.4 million.

Surge in Silver Prices: Silver prices have soared more than 157% year to date, supported by strong safe-haven demand, geopolitical tensions and escalating trade conflicts. Silver has benefited from resilient industrial demand and mounting supply deficits. Demand for solar energy, electronics and electrification now accounts for more than half of global silver demand. Currently, silver is trading at around $75, driven by expectations of a rate cut, which bodes well for prices.

AG’s Zacks Rank & Stocks to ConsiderFirst Majestic currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks from the basic materials space are Agnico Eagle Mines (AEM - Free Report) , Kinross Gold Corporation (KGC - Free Report) and Fortuna Mining Corp. (FSM - Free Report) . AEM and KGC sport a Zacks Rank #1 (Strong Buy), while FSM has a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The consensus estimate for Agnico Eagle Mines’ 2025 earnings is pegged at $7.77 per share. The estimate indicates year-over-year growth of 83.6%. It has an average trailing four-quarter earnings surprise of 11.6%. Agnico Eagle Mines’ shares have surged 107.6% in a year.

The Zacks Consensus Estimate for Kinross Gold’s 2025 earnings is pegged at $1.67 per share, suggesting year-over-year growth of 145%. Kinross Gold’s shares jumped 135% last year.

The consensus estimate for Fortuna Mining’s 2025 earnings is pegged at 76 cents per share. The estimate implies year-over-year growth of 65.2%. Fortuna Mining’s shares have surged 145.6% in a year.

Former Ford CEO Mark Fields joins ‘Money Movers' to discuss the outlook for the U.S. EV market, competition with China in EVs, and more.

NEW YORK, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Klarna Group plc (NYSE: KLAR) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Klarna securities pursuant to the registration statement and prospectus issued in connection with the Company's September 10, 2025 initial public offering ("IPO"). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/KLAR.

Klarna Case Details

The Complaint alleges that the Registration Statement contained false and/or misleading statements and/or failed to disclose that:
(1) defendants materially understated the risk that its loss reserves would materially go up within a few months of the IPO, which they either knew of or should have known of given the risk profile of many individuals agreeing to Klarna’s buy now, pay later (“BNPL”) loans; and
(2) as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared.

What's Next for Klarna Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/KLAR. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Klarna you have until February 20, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Klarna Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Klarna Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

NEW YORK, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against SLM Corporation (NASDAQ: SLM) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired SLM securities between July 25, 2025 and August 14, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/SLM.

SLM Case Details

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding SLM's business, operations, and prospects that artificially inflated the prices of SLM's securities during the Class Period. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that:

(1)   SLM was experiencing a significant increase in early stage delinquencies;
(2)   accordingly, Defendants overstated the effectiveness of SLM's loss mitigation and/or loan modification programs, as well as the overall stability of the Company's PEL delinquency rates; and
(3)   as a result, Defendants' public statements made a materially false and misleading impression regarding SLM's business, operations, and prospects at all relevant times.

What's Next for SLM Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/SLM. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in SLM you have until February 17, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to SLM Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for SLM Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

LOS ANGELES, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming January 5, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Inspire Medical Systems, Inc. (“Inspire” or the “Company”) (NYSE: INSP) common stock between August 6, 2024 and August 4, 2025, inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR INSPIRE INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On August 4, 2025, Inspire disclosed that the launch of its new sleep apnea device, the Inspire V, was facing an “elongated timeframe” due to several issues, including “many centers [not completing] the training, contracting and onboarding criteria required prior to the purchase and implant of Inspire V,” “software updates for claims submissions and processing” not taking effect until early July, and excess inventory causing poor demand. Further, the Company reduced its 2025 earnings guidance by more than 80%, from $2.20 to $2.30 per share to $0.40 to $0.50 per share.

On this news, Inspire’s stock price fell $42.04, or 32.4%, to close at $87.91 per share on August 5, 2025, thereby injuring investors.

What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) demand for Inspire V was poor, as providers had significant amounts of surplus inventory and were reluctant to transition to a new treatment; (2) Inspire failed to complete training and onboarding for “many” of its treatment center customers; failed to set up basic IT systems, including a customer approval process; failed to ensure that critical insurer claims software was properly updated to facilitate claims processing and payment; and failed to ensure that Medicare reimbursement was in place at the time of the launch; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Inspire common stock during the Class Period, you may move the Court no later than January 5, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

LOS ANGELES, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming January 12, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE: FCX) securities between February 15, 2022 and September 24, 2025, inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR FREEPORT INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On September 9, 2025, Freeport disclosed it was suspending mining activities at its Grasberg Block Cave operation in Indonesia, after “a large flow of wet material” trapped seven workers.

On this news, Freeport’s stock price fell $2.77, or 5.9%, to close at $43.89 per share on September 9, 2025, thereby injuring investors.

Then, on September 24, 2025, Freeport provided an update on the incident, disclosing that two of the trapped team members “were regrettably fatally injured[.]” Meanwhile, “extensive efforts” remained “ongoing in the search for [the five] team members who [remained] missing.”

On this news, Freeport’s stock price fell $7.69, or 17%, to close at $37.67 per share on September 24, 2025.

Then, on September 25, 2025, before market hours, Bloomberg published an article stating that the “halt in production at the giant Grasberg copper mine in Indonesia looks set to strain the fractious relationship between [Freeport] and its host nation, at a time when the Jakarta government was already looking to take greater control.” The article specified that “[the] state controls 51% of the local entity – after a lengthy battle over ownership – but officials have sporadically continued to demand an increased share. That clamor may now intensify.”

On this news, Freeport’s stock price fell $2.33, or 6.2%, to close at $35.34 on September 25, 2025, thereby injuring investors further.

On September 28, 2025, a news organization focusing on Indonesia, published an article entitled “Freeport Landslide was Preventable, Not Just a Natural Disaster, Says Expert.” The article quoted an expert as saying “this danger is not new and should have been anticipated from the beginning[.]”

What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Freeport did not adequately ensure safety at the Grasberg Block Cave mine in Indonesia; (2) the lack of proper safety precautions constituted a heightened risk that could foreseeably lead to the death of Freeport’s workers; (3) this constituted an undisclosed heightened risk of regulatory, litigation, and reputational risk; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Freeport securities during the Class Period, you may move the Court no later than January 12, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

Key Takeaways Ultragenyx/Mereo BioPharma reported that the Orbit and Cosmic studies missed primary endpoints.Both studies were evaluating setrusumab (UX143) for the treatment of osteogenesis imperfecta.RARE will review operations, pursue significant cost cuts and run additional analyses across studies.
Shares of Ultragenyx Pharmaceutical (RARE - Free Report) and Mereo BioPharma (MREO - Free Report) plunged 42.3% and 87.6%, respectively, on Dec. 29 after the companies announced disappointing data from the phase III Orbit and Cosmic studies, which evaluated setrusumab (UX143) for the treatment of osteogenesis imperfecta (OI) in pediatric and young adult patients.

Both the Orbit and Cosmic studies failed to achieve statistical significance against the primary endpoints of reduction in annualized clinical fracture rate versus placebo or bisphosphonates, respectively.

However, both studies showed improvements in bone mineral density (BMD) with strong statistical significance on the secondary endpoint, with no changes observed in the safety profile.

Ultragenyx is now reviewing its planned operations and will promptly determine and implement significant cost-reduction measures.

RARE & MREO’s Stock Price PerformanceIn the past six months, shares of Ultragenyx Pharmaceuticals have declined 45.7%, and Mereo BioPharma has plunged 89.7% against the industry’s increase of 25.9%.

Image Source: Zacks Investment Research

RARE & MREO’s Phase III Setrusumab Development ProgramSetrusumab is a fully human monoclonal antibody that targets and inhibits sclerostin, a key negative regulator of bone formation.

Ultragenyx Pharmaceutical and Mereo BioPharma are evaluating setrusumab in the phase II/III Orbit and phase III Cosmic studies for treating pediatric and young adult patients across OI sub-types I, III and IV.

OI is a group of genetic disorders impacting bone metabolism that affects about 60,000 people in commercially accessible geographies, for which there is currently no approved treatment.

In the Orbit study, participants demonstrated statistically significant and meaningful improvements in BMD versus placebo. However, the BMD changes did not translate into a corresponding reduction in annualized fracture rates, and the placebo group experienced a low fracture rate.

Patients in the pediatric Cosmic study had higher baseline fracture rates than those in the Orbit study. In this younger patient population, BMD improvements with setrusumab were associated with lower annualized fracture rates versus bisphosphonates, though the reduction was not statistically significant.

Ultragenyx is performing additional analyses on the data across both studies, including evaluations of other bone health and clinical endpoints beyond fractures, to determine next steps for the program.

RARE & MREO’s Zacks Rank and Stocks to ConsiderUltragenyx Pharmaceuticals and Mereo BioPharma carry a Zacks Rank #3 (Hold) each at present.

Some better-ranked stocks in the biotech sector are CorMedix (CRMD - Free Report) and Castle Biosciences (CSTL - Free Report) , both sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

In the past 60 days, estimates for CorMedix’s 2025 earnings per share (EPS) have increased from $1.85 to $2.87. EPS estimates for 2026 have moved up from $2.49 to $2.88 during the same period. CRMD stock has increased 8% in the past six months.

CorMedix’s earnings beat estimates in each of the trailing four quarters, with the average surprise being 27.04%.

In the past 60 days, estimates for Castle Biosciences’ loss per share have narrowed from 64 cents to 34 cents for 2025. During the same time, loss per share estimates for 2026 have narrowed from $1.82 to $1.06. In the past six months, shares of CSTL have rallied 93.1%.

Castle Biosciences’ earnings beat estimates in three of the trailing four quarters, while missing the same on the remaining occasion, the average surprise being 66.11%.