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Novartis Stock Dives After Ionis-Partnered Lp(a) Blocker Fails

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Novartis Stock Dives After Ionis-Partnered Lp(a) Blocker Fails

Novartis (NVS) said late Friday its Ionis Pharmaceuticals (IONS)-partnered Lp(a) blocker, pelacarsen, failed in Phase 3 testing. The results sent Novartis and Ionis stocks tumbling in after-hours action. Lp(A), or lipoprotein A, is an emerging cardiovascular marker. Companies are working to lower the cholesterol-carrying particle in the blood. Unlike LDL cholesterol and triglycerides, diet and exercise do little to impact…

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Fed Rate Hike Could Hit XRP Hard: ChatGPT Reveals How Low Ripple’s Price Could Go

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The monetary landscape in the United States changed in the past week or so, first after the hawkish stance taken by the current Federal Reserve Chairman, Kevin Warsh, and then following last Friday’s strong US jobs report.

As such, the expectations have changed, with investors and experts pricing in a potential rate hike for the next FOMC meeting scheduled to take place on September 15-16. After answering how this could impact BTC, we turned our focus to XRP, whose case was described as “arguably more interesting than bitcoin’s,” by ChatGPT.

What Happens to XRP Then?

With the current odds on prediction markets at well over 50% for a rate hike in September, the warning signs for risk-on assets are fully flashing. This was felt on Friday briefly after the jobs report, with BTC dropping by $3,000 and XRP slumping from $1.45 to under $1.40, where it found support.

ChatGPT estimated that the cross-border token is likely to react “more violently to a Fed hike” even though it has two cushions: strong ETF demand and the CLARITY Act process. The initial reaction to a 25 bps increase on September 16 would be a 4%-8% decline, the AI predicted. From the current levels, this would materialize in a dip below $1.30.

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The situation could worsen in the following days and weeks, with $1.20 emerging as the first major support to be tested. If Warsh takes an even more hawkish approach in his post-FOMC meeting speech, XRP could “fall further toward $1.05-$1.15.”

One of the cushions mentioned above, the CLARITY Act, has not made any real progress lately. It was delayed once again in early August, and its September vote, scheduled for just a day before the conclusion of the FOMC meeting, is no longer guaranteed after the latest developments. As such, XRP could be primed for even more painful performance in case of a rate hike.

The Dark Horse

ChatGPT believes that the spot XRP ETFs could be the silver lining for the underlying asset, as they have remained relatively solid even during market distress, and their performance has picked up after the August rally. The cross-border token could quickly bounce after the initial shock if the Fed signals no immediate second hike and the ETF demand is still intact.

If that’s the case, $1.50-$1.60 will come into focus as this level has halted many of XRP’s previous breakout attempts. However, if the Fed surprises the market and raises rates by 50 bps, while Warsh goes fully hawkish, the altcoin’s future could quickly deteriorate, with another leg down to and even below $1.00, ChatGPT warned.

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The post Fed Rate Hike Could Hit XRP Hard: ChatGPT Reveals How Low Ripple’s Price Could Go appeared first on CryptoPotato.

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Alpine F1 Fan Token Rises After Italian GP Drama

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Alpine F1 Team Fan Token (ALPINE). Source: CoinGecko

The Alpine F1 Team Fan Token climbed on September 5, trading near $0.3557 with a 24-hour gain of roughly 3.6%.

The move coincided with a stunning qualifying result at the Italian Grand Prix in Monza, where Pierre Gasly claimed his first career pole position for Alpine.

Alpine F1 Team Fan Token (ALPINE). Source: CoinGecko
Alpine F1 Team Fan Token (ALPINE). Source: CoinGecko

How Gasly’s Pole Put Alpine Back on the Map

Gasly stunned the Formula 1 field by edging Mercedes’ George Russell by just 0.060 seconds with a lap of 1:21.786. Oscar Piastri finished third for McLaren.

The result marked Alpine’s first pole in years and came at the same circuit where Gasly scored his sole career F1 victory back in 2020. With a market capitalization near $4 million and solid 24-hour trading volume, ALPINE continues to attract attention from motorsport and crypto enthusiasts alike.

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Fan tokens give holders access to team-related voting, exclusive rewards, digital collectibles, and enhanced engagement. ALPINE, launched via Binance, is a BEP-20 utility token tied to the BWT Alpine F1 Team.

Why Fan Tokens React to On-Track Results

Positive on-track results often generate short-term interest in such assets. That pattern showed up again in the modest uptick in price and volume following Gasly’s performance.

Social media buzz, meanwhile, centered heavily on the Frenchman’s emotional reaction and Alpine’s unexpected pace. Direct commentary linking the token’s rise specifically to the pole, though, remained limited.

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Fan tokens have grown in relevance across sports generally, particularly around major global events. That utility for fan engagement and community decisions was on full display during this summer’s 2026 FIFA World Cup.

As a result, national team and club tokens saw heightened trading activity around high-stakes matches. That pattern reflected real-world performance and sentiment throughout the tournament.

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Fan Tokens Metrics & Gainers. Source: fantokens.com
Fan Tokens Metrics & Gainers. Source: fantokens.com

That model, already established in football and motorsport, positions tokens like ALPINE as bridges between fans and teams beyond race weekends.

Gasly’s Monza pole provided a timely boost, illustrating how unexpected F1 moments can influence sports token markets even if gains remain measured relative to the token’s historical peaks.

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The post Alpine F1 Fan Token Rises After Italian GP Drama appeared first on BeInCrypto.

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All That Glitters: How We Traded Gold Stocks Without Chasing

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It’s no secret that the 1849 gold rush bankrupted far more people than it made rich. It’s a lesson that is aptly applied to gold stocks today or any stock for that matter. The fear of missing out (FOMO) might be a modern acronym but the emotion is ancient. In the stock market, it’s a dangerous and sneaky emotion. In…

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Machi Big Brother Sent FRIEND Up 1,500%. Then Ditched $1M Deal

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Machi Big Brother Sent FRIEND Up 1,500%. Then Ditched $1M Deal

Crypto investor Machi Big Brother has pulled his $1 million bid for Friend.tech and named venture firm Paradigm as the likely obstacle.

Instead, he urged co-founder Racer to relaunch the Web3 social app on Robinhood Chain. The reversal comes nine days after his original offer, sending FRIEND up more than 1,500%.

FRIEND Token Price Chart. Source: CoinGecko

Machi Big Brother Friend.tech Bid Collapses After 9 Days

Machi Big Brother, whose real name is Jeffrey Huang, opened the bid on Aug. 27. His $1 million buyout offer asked only for the project’s X account and web address.

Friend.tech launched on Base in 2023, allowing users to trade shares with each other. Paradigm led a seed round into the startup that same year.

However, Huang offered no evidence and framed the claim as a guess. He also has a history here. He bought 11 million FRIEND for roughly 5,200 ETH, and the position later shed over $16 million.

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The original team gave up control of the smart contracts in September 2024. Therefore, it remains unclear what a buyer would own.

The FRIEND token price now sits near $0.0069, up roughly 5% in the past 24 hours. Its market value of about $659,000 trails the $4.89 million peak from the August rally. Over 90 days, however, the token still holds a 382% gain.

Robinhood Chain Emerges as Racer’s Next Option

Huang closed his post with a pivot. He told Racer to rebuild the app on Robinhood Chain and promised his backing.

Robinhood Chain went live on July 1 as an Arbitrum-based layer-2 network. Since then, it has surpassed Ethereum in volume on decentralized exchanges and absorbed heavy meme-coin flows.

Meanwhile, that mix worries some analysts. Jon Ma of Artemis warned that the meme coin boom risk could undercut Robinhood’s tokenized-stock ambitions.

FRIEND held its 24-hour gain despite the withdrawal. Racer had not responded publicly by Saturday afternoon, and his answer will decide whether Friend.tech returns.

The post Machi Big Brother Sent FRIEND Up 1,500%. Then Ditched $1M Deal appeared first on BeInCrypto.

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Exelixis Stock Shrugs Off Earnings Malaise To Break Out

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Exelixis Stock Shrugs Off Earnings Malaise To Break Out

Exelixis Exelixis EXEL $ 59.08 $0.05 0.08% 42% IBD Stock Analysis Breaks out of flat base with 57.57 buy point. Buy zone runs to 60.45. IBD Composite Rating 99/99 Industry Group Ranking 27/197 Emerging Pattern Flat Base Flat Base One of three positive chart patterns to look for when doing technical analysis. It usually occurs after a stock has advanced…

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Oil Stock Equinor Flirts With Entry As Profits Surge 108% Amid Strait Of Hormuz Crisis

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Oil Stock Equinor Flirts With Entry As Profits Surge 108% Amid Strait Of Hormuz Crisis

Energy equities have made tremendous strides so far in 2026 amid the ongoing crisis around the Strait of Hormuz. And leading oil stock Equinor (EQNR) is flirting with an entry as its profits soar. The Norwegian company stands as one of the top integrated oil-and-gas firms in the world. It produced 2.1 million barrels of oil equivalent per day last…

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Adobe Stock Climbs Off Lows Despite Earnings Jitters, AI Fears

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Adobe Stock Climbs Off Lows Despite Earnings Jitters, AI Fears

After two days of harsh selling, software makers got some good news Thursday when cloud storage firm Snowflake (SNOW) soared more than 15% on strong earnings and a raised sales forecast. The news followed two days of sharp sector selling as security software giant Palo Alto Networks (PANW) sold off on earnings. Now it’s Adobe stock that will be in…

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Marex Stock Breaks Out Bullishly Past Rare Buy Point

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Marex Stock Breaks Out Bullishly Past Rare Buy Point

Recent initial public offering Marex (MRX) is the IPO Stock Of The Week as it breaks out past a rare buy point amid resurgent market strength. The financial services stock also sits on Investor’s Business Daily’s IPO Leaders screen. Marex operates a financial services platform that serves as a liquidity hub, broker and infrastructure provider for institutional clients. Bullishly, the…

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Stock Market Falls, Rebounds Bullishly; Snowflake, Dell, Tesla, Jobs Report In Focus: Weekly Review

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Stock Market Falls, Rebounds Bullishly; Snowflake, Dell, Tesla, Jobs Report In Focus: Weekly Review

The stock market struggled to start the week, but then rebounded bullishly, with the key indexes closing narrowly mixed. Dell Technologies (DELL) and Snowflake (SNOW) skyrocketed on results, though Palo Alto Networks (PANW), Broadcom (AVGO) and Credo Technology (CRDO) were among the losers. Bitcoin and crypto plays surged on a weaker dollar. Tesla (TSLA) Cybercabs joined the robotaxi network. Stock…

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Dell Stock Afterglow Continues. These Other Names Top Buy Points.

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Dell Stock Afterglow Continues. These Other Names Top Buy Points.

Dell Technologies’ (DELL) superb earnings report is still reverberating across the stock market, as Dell shares climbed to a new high Friday. Meanwhile, Vodafone (VOD) and thinly traded Pro-Dex (PDEX) climbed above buy points Friday. Dell’s artificial intelligence business showed strong momentum as the company late Tuesday easily beat analyst profit and sales estimates and gave a forecast that was…

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