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30 Apr 2026, 00:25

Crypto Fear & Greed Index Hits 39: Market Sentiment Plunges Into ‘Fear’ Zone

BitcoinWorld Crypto Fear & Greed Index Hits 39: Market Sentiment Plunges Into ‘Fear’ Zone The Crypto Fear & Greed Index , a widely tracked barometer of investor emotion, has dropped two points to 39. This shift moves the market from a ‘neutral’ stance into ‘fear’ territory. The data, provided by CoinMarketCap, reflects a notable souring of sentiment among cryptocurrency traders and investors. This change signals growing caution and potential sell-off pressure across digital asset markets. Understanding the Crypto Fear & Greed Index Drop to 39 The index operates on a simple scale. Zero represents ‘extreme fear,’ while 100 indicates ‘extreme greed.’ A reading of 39 places the market firmly in the fear zone. This marks a significant psychological shift. Just a day prior, the index sat at 41, still within the neutral band. The two-point decline might seem small, but it crosses a critical threshold. This threshold often triggers behavioral changes in market participants. Many traders use this index to gauge when to buy or sell. Historically, periods of fear can present buying opportunities for contrarian investors. Conversely, extreme greed often precedes market corrections. Key Factors Driving the Shift in Investor Sentiment CoinMarketCap calculates the index using several weighted factors. These factors provide a comprehensive view of market dynamics. The primary components include: Price Momentum: The index analyzes the price movements of the top 10 cryptocurrencies by market cap. Recent price declines in Bitcoin and major altcoins have contributed heavily to the negative reading. Market Volatility: Increased price swings create uncertainty. The index measures current volatility against historical averages. Higher volatility typically pushes the index toward fear. Derivatives Data: The put/call ratio for Bitcoin options provides insight. A higher ratio of puts (bearish bets) to calls (bullish bets) indicates defensive positioning by traders. Stablecoin Supply Ratio (SSR): This metric tracks the supply of stablecoins relative to Bitcoin’s market cap. A rising SSR suggests that investors are moving capital into stablecoins, a risk-off move. Search Data: CoinMarketCap uses its own search volume trends. Increased searches for ‘sell Bitcoin’ or ‘crypto crash’ versus ‘buy Bitcoin’ contribute to a fear reading. Market Impact of the Fear & Greed Index at 39 When the index enters fear territory, several predictable market behaviors often emerge. First, retail investors tend to panic sell. This can exacerbate downward price pressure. Second, trading volumes on exchanges typically spike. Investors rush to exit positions or hedge against further losses. Third, the demand for stablecoins like USDT and USDC increases. This flight to safety reduces liquidity in the spot market. However, seasoned investors often view fear as a potential entry point. The adage ‘be fearful when others are greedy, and greedy when others are fearful’ is frequently cited. Data from previous cycles shows that buying during fear phases can yield strong returns over the long term. Historical Context: Fear Readings and Market Bottoms Examining past instances of the index at 39 or lower provides useful context. In mid-2022, the index spent weeks below 20 during the Terra LUNA collapse. That period marked a generational bottom for many assets. In late 2023, the index briefly touched 30 as Bitcoin recovered from its lows. Each time, the market eventually rebounded. However, the duration of the fear phase varies. Some fear periods last only a few days. Others can persist for months during prolonged bear markets. The current reading of 39 suggests uncertainty but not capitulation. A drop below 25 would indicate extreme fear and potentially a more significant bottoming process. Bitcoin Sentiment and Broader Market Correlation Bitcoin sentiment heavily influences the overall index. As the largest cryptocurrency, Bitcoin’s price action drives the majority of the calculation. Recent Bitcoin price declines below key support levels have spooked investors. The asset has faced resistance at $70,000 and pulled back to the mid-$60,000 range. This price action, combined with regulatory headlines and macroeconomic uncertainty, has soured the mood. Altcoins have followed suit, with many experiencing double-digit percentage drops. The correlation between Bitcoin and the broader market remains strong. Until Bitcoin stabilizes, the index is likely to stay in fear territory. Expert Analysis: What the Data Reveals About Trader Behavior Market analysts point to several underlying causes for the shift. The put/call ratio on major exchanges has climbed. This indicates that professional traders are buying protection. The Stablecoin Supply Ratio has also increased. This suggests that capital is rotating out of volatile assets. Additionally, social media sentiment has turned negative. Fear, uncertainty, and doubt (FUD) are spreading across crypto forums. These behavioral signals often precede further downside in the short term. However, they also set the stage for a potential relief rally. The key question is whether the fear is overdone or justified by fundamentals. Practical Implications for Crypto Investors For individual investors, the index serves as a useful sentiment check. It helps avoid emotional decision-making. When the index is in fear, the natural instinct is to sell. But historical data suggests that disciplined accumulation during fear phases often pays off. Conversely, when the index reaches extreme greed, it may be time to take profits. The current reading of 39 does not scream ‘buy the dip’ as loudly as a reading of 20 would. But it does signal that the market is becoming less frothy. Investors should assess their own risk tolerance and time horizon before acting. Conclusion The Crypto Fear & Greed Index hitting 39 and shifting to ‘fear’ is a clear signal of changing market psychology. This move reflects real data points, including price declines, rising volatility, and defensive trader positioning. While fear can be uncomfortable, it often creates opportunities for disciplined investors. The index provides a valuable framework for understanding sentiment without relying on emotion. As the market digests current conditions, the index will continue to be a key tool for gauging the mood of the crypto ecosystem. Investors should monitor it closely alongside other fundamental and technical indicators. FAQs Q1: What does a Crypto Fear & Greed Index reading of 39 mean? A reading of 39 means the market is in a state of ‘fear.’ It suggests that investors are pessimistic and that selling pressure may be increasing. Historically, this can be a sign of a potential market bottom or a period of consolidation. Q2: How is the Crypto Fear & Greed Index calculated? CoinMarketCap calculates the index using five weighted factors: price momentum of the top 10 cryptocurrencies, market volatility, derivatives data (put/call ratios), the Stablecoin Supply Ratio (SSR), and its own search data. Q3: Should I buy or sell when the index is at 39? The index is a sentiment tool, not a trading signal. A fear reading may indicate a buying opportunity for long-term investors, but it does not guarantee a price bottom. Always conduct your own research and consider your risk tolerance. Q4: How often does the Crypto Fear & Greed Index update? The index updates daily. CoinMarketCap publishes a new reading each day based on the previous day’s data. This allows investors to track sentiment changes in near real-time. Q5: Is the Crypto Fear & Greed Index reliable? The index is a widely followed metric but should not be used in isolation. It provides a useful snapshot of market sentiment but does not predict future price movements. Combine it with technical analysis, on-chain data, and fundamental research for a complete picture. This post Crypto Fear & Greed Index Hits 39: Market Sentiment Plunges Into ‘Fear’ Zone first appeared on BitcoinWorld .

30 Apr 2026, 00:23

Ethereum Poised For $140% Rally If This Resistance Flips – Analyst Calls Breakout Inevitable

While Ethereum (ETH) is at a pivotal crossroads, some analysts suggest that a reclaim of a key resistance could open the door to a massive breakout. However, others have raised questions about the altcoin’s next move amid the recent market volatility and weak signals. Related Reading: Bitcoin Faces ‘Most Critical Week In Months’ Amid $76,000 Retest – Should Investors Worry? Ethereum Breakout: ‘A Matter Of When’ Ethereum has found a new price range after turning the $2,250 level into support during the April market recovery. The cryptocurrency has been trading between the $2,250-$2,400 levels over the past few weeks, reaching a three-month high of $2,465 on April 17. In an X post, analyst Michaël van de Poppe highlighted ETH’s recent performance, asserting that its upward price pattern held, despite the price being rejected from the $2,400 resistance, a key psychological and technical barrier that has stopped prior rallies. As he explained, “Structure remains intact, and multiple resistance tests have failed to break through, suggesting a breakout is looming.” To him, a breakout from the local resistance area is “a matter of when (…) and not if.” The analyst recently stated that the King of Altcoins could be “about to follow Bitcoin in the path upwards,” which would open the gate for a retest of the next crucial resistance around the $2,700 area. Meanwhile, market observer Ali Martinez shared an analysis based on the MVRV pricing bands, noting that Ethereum has been attempting to reclaim its Realized Price, currently at $2,335, as support. He explained that successfully turning this level into a support floor is a “standard technical prerequisite” for a sustained rally, and reclaiming the cost basis has historically helped build the momentum to reach the 2.4MVRV pricing band at the $5,600 mark. According to the post, ETH needs continuation of the strength seen during the early April recovery rally to reclaim its Realized Price and open the gates to a 140% rally over time. “If ETH can claim this $2,335 level and establish it as a support floor, it creates the structural conditions to target that upper $5,600 band,” he affirmed. ETH Weakness Risks 17% Correction On Wednesday morning, Ethereum attempted to recover from the start-of-the-week price drop and reclaim the $2,300 area. Amid this performance, Crypto Batman highlighted that ETH had broken down from a two-week pennant pattern after losing the $2,320 support line, suggesting that the short-term trend had shifted bearish. The analyst cautioned that failing to reclaim the bullish trendline and the bearish FVG would open the door for lower levels. Similarly, Ted Pillows warned that Ethereum has shown weakness amid the current rally, highlighting that it needs to reclaim the $2,400 area for a strong continuation. On the contrary, failure to reclaim this level risks turning the current pump into exit liquidity, he affirmed, potentially triggering another sharp pullback. The market watcher also stated that ETH could see a considerable decline over the next few days due to Wednesday’s FOMC meeting. Related Reading: Bitcoin Set For $88,000? Analysts Forecast May Breakout After Key Weekly Close Notably, the King of Altcoins has retraced after each meeting since October 2025, dropping 17% to 42% in the following days. After today’s meeting, the altcoin fell to a two-week low of $2,220, recording a 5% intraday drop before slightly recovering. If history repeats itself, Ethereum could lose the $2,200 support and potentially target the $2,000 psychological barrier for the first time in a month. Featured Image from Unsplash.com, Chart from TradingView.com

30 Apr 2026, 00:20

Meta Reality Labs losses: $83.5 billion burned on AR/VR as AI spending surges

BitcoinWorld Meta Reality Labs losses: $83.5 billion burned on AR/VR as AI spending surges Meta Platforms reported a net loss of $4 billion from its Reality Labs division in the first quarter of 2025. This marks the 21st consecutive quarter of significant losses for the unit responsible for augmented reality glasses, virtual reality headsets, and related software. The company has now lost a total of $83.5 billion on Reality Labs since early 2021, averaging roughly $4 billion per quarter. While Meta’s overall financial performance remains strong, its persistent spending on AR/VR technology continues to draw investor scrutiny, especially as the company pivots toward even larger investments in artificial intelligence. Meta Reality Labs losses: A consistent pattern The latest earnings report, released on Wednesday, April 30, 2025, from Meta’s headquarters in Menlo Park, California, confirms a now-familiar trend. Reality Labs lost $4 billion in the first quarter of 2025. This figure is not an anomaly. It aligns with the average quarterly loss the division has recorded over the past five years. Since 2021, Meta has funneled tens of billions of dollars into developing AR glasses, VR headsets like the Quest series, and the Horizon Worlds platform. The division has yet to generate a profit. Analysts point out that the scale of these losses is unprecedented in the consumer electronics sector. For comparison, Apple’s entire services division generates over $20 billion in profit per quarter. Meta’s Reality Labs, by contrast, has consumed over $80 billion without producing a clear return. The company justifies these expenditures as long-term bets on next-generation computing platforms. However, the market has not responded positively to the sustained cash burn. Meta AR VR spending: The metaverse bet The core of Meta’s Reality Labs spending revolves around its metaverse ambitions. CEO Mark Zuckerberg has described the metaverse as the successor to the mobile internet. To realize this vision, Meta has invested heavily in hardware, software, and content creation. The Quest 3 headset, released in late 2023, received positive reviews but has not achieved mass-market adoption. Sales figures remain modest compared to gaming consoles or smartphones. Meta also spends billions on research and development for advanced AR glasses. The company has shown prototypes of lightweight, all-day wearable glasses, but a consumer-ready product remains years away. Meanwhile, competitors like Apple have entered the market with the Vision Pro, a high-end mixed-reality headset that has also struggled to gain traction due to its $3,500 price tag. The entire AR/VR market has grown slower than many industry experts predicted. Reality Labs cumulative losses (2021–2025): $83.5 billion Average quarterly loss: $4 billion Key products: Quest headsets, Ray-Ban Meta smart glasses, Horizon Worlds Market adoption: Slow, with limited mainstream appeal Meta AI investment: A new spending frontier As Meta pulls back from some metaverse projects, it is ramping up spending on artificial intelligence. The company projects capital expenditures between $125 billion and $145 billion in 2026. This figure exceeds both analyst estimates and Meta’s own previous guidance. The bulk of this spending will go toward AI infrastructure, including data centers, specialized chips, and research talent. Meta has been hiring aggressively in the AI space. Over the past year, the company poached more than 50 AI researchers and engineers from competitors like Google and OpenAI. This hiring spree helped Meta ship its latest AI model, Muse Spark, earlier in April 2025. Zuckerberg reported on the earnings call that usage of Meta AI has seen “large increases” since the model’s release. However, building and maintaining cutting-edge AI systems is expensive. The company’s CFO, Susan Li, acknowledged the difficulty of forecasting future costs. During the earnings call, she stated, “Our experience so far has been that we have continued to underestimate our compute needs.” This comment underscores the uncertainty surrounding Meta’s AI spending trajectory. Unlike its AR/VR investments, which have yet to generate meaningful revenue, Meta’s AI tools are already being integrated into its core advertising business, which remains its primary profit driver. Investor concerns about Meta’s financial strategy Despite Meta’s strong quarterly results, investors reacted negatively to the news. The company reported net income of $26.8 billion for Q1 2025, up 61% year-over-year. Revenue also rose 33% to $56.3 billion. These figures demonstrate that Meta’s core social media business remains highly profitable. Yet the stock fell more than 5% in after-hours trading following the earnings release. One investor on the earnings call asked directly about Meta’s 2027 capital expenditure outlook. Li declined to provide a specific number, citing the dynamic nature of the planning process. This lack of clarity contributed to investor unease. Many market participants worry that Meta’s AI spending could mirror the pattern of its Reality Labs investments—large upfront costs with uncertain returns. Meta’s dual-track strategy of funding both AR/VR and AI simultaneously creates a unique financial burden. Few technology companies have attempted to invest heavily in two unproven, capital-intensive fields at the same time. Alphabet, for example, has its own AI investments through DeepMind and Google Cloud, but its AR/VR efforts through Google Glass and Daydream have been scaled back significantly. Meta quarterly earnings 2025: Strong revenue, cautious outlook The Q1 2025 earnings report shows a company that is financially healthy but strategically stretched. Revenue growth of 33% was driven primarily by advertising, which remains Meta’s dominant income source. The company’s user base also continued to grow, with daily active users across its family of apps reaching 3.5 billion. These numbers provide a strong foundation for future investments. However, the earnings call revealed a tension between short-term profitability and long-term ambition. Zuckerberg emphasized the need to stay competitive with AI leaders like OpenAI and Anthropic. He stated, “We are very focused on increasing the efficiency of our investments.” This language suggests that Meta is aware of investor concerns and is trying to balance its spending with operational discipline. Meta’s capital expenditure forecast for 2025 also increased, primarily due to higher component costs, particularly memory pricing. The company expects to spend more on data center hardware and networking equipment. These investments are necessary to train and deploy large-scale AI models, but they also compress margins in the near term. Meta metaverse losses: A cautionary tale The scale of Meta’s metaverse losses has become a case study in corporate risk-taking. The company rebranded from Facebook to Meta in October 2021, signaling a strategic shift toward the metaverse. Since then, it has spent over $80 billion on Reality Labs. For context, that amount is roughly equivalent to the entire market capitalization of companies like Uber or Airbnb. Despite this massive investment, the metaverse has not achieved mainstream adoption. Horizon Worlds, Meta’s flagship VR social platform, has struggled with low user engagement and technical issues. The company has reduced its ambitions for the platform, shifting focus toward more practical applications like virtual meetings and fitness. Meanwhile, the broader VR market remains niche, with global headset shipments declining in 2024. Industry experts note that Meta’s metaverse bet was made at a time when interest rates were low and technology stocks were booming. The macroeconomic environment has since changed. Higher interest rates have made investors more focused on profitability and cash flow. Meta’s continued losses on Reality Labs now appear less justifiable than they did during the pandemic-era tech boom. Conclusion Meta’s Reality Labs division has lost $83.5 billion since 2021, with average quarterly losses of $4 billion. The company’s AR/VR spending remains high, even as it pivots toward even larger investments in artificial intelligence. Meta projects capital expenditures of up to $145 billion in 2026, driven by AI infrastructure costs. While Meta’s core advertising business remains highly profitable, investor concerns about the sustainability of these investments have weighed on the stock. The company’s dual focus on both the metaverse and AI represents one of the most ambitious—and risky—capital allocation strategies in the technology sector. As Meta continues to burn cash on unproven technologies, the question remains whether these bets will eventually pay off or become a cautionary tale for future generations of tech leaders. FAQs Q1: How much money has Meta lost on Reality Labs? A1: Meta has lost a total of $83.5 billion on its Reality Labs division since 2021, with average quarterly losses of approximately $4 billion. Q2: Why is Meta spending so much on AR/VR if it’s losing money? A2: Meta views augmented reality and virtual reality as the next major computing platform after mobile. The company believes that long-term investment in hardware and software will eventually generate significant returns, similar to how early investments in smartphones paid off for Apple. Q3: How does Meta’s AI spending compare to its AR/VR spending? A3: Meta’s AI spending is projected to be much larger. The company expects capital expenditures of $125 billion to $145 billion in 2026, primarily for AI infrastructure. This is significantly higher than the roughly $16 billion per year it has been spending on Reality Labs. Q4: Did Meta’s stock price drop after the earnings report? A4: Yes, Meta’s stock fell more than 5% in after-hours trading following the Q1 2025 earnings release. Investors were concerned about the lack of clarity on future capital expenditures and the continued losses from Reality Labs. Q5: What is the outlook for Meta’s AR/VR products? A5: The outlook remains uncertain. Meta continues to develop AR glasses and VR headsets, but market adoption has been slow. The company has shifted some focus away from the metaverse toward AI, but it has not abandoned its hardware ambitions entirely. This post Meta Reality Labs losses: $83.5 billion burned on AR/VR as AI spending surges first appeared on BitcoinWorld .

30 Apr 2026, 00:10

Bitmine Stakes $253M in ETH: A Strategic Power Move for Ethereum Reserves

BitcoinWorld Bitmine Stakes $253M in ETH: A Strategic Power Move for Ethereum Reserves Bitmine (BMNR), a company focused on building an Ethereum (ETH) strategic reserve, has staked 111,496 ETH. This move is worth approximately $253.27 million. Onchain Lens, a blockchain analytics firm, reported the transaction about five hours ago. The staking balance for Bitmine’s confirmed addresses now stands at 4,034,885 ETH. This total is valued at $9.09 billion. Bitmine ETH Staking Details Onchain Lens tracks large on-chain movements. It identified the staking transaction from addresses linked to Bitmine. The company operates as a publicly traded strategic reserve entity. Its primary asset is Ethereum. This latest staking event significantly increases its yield-generating capacity. Staking allows Bitmine to earn rewards on its holdings. It also supports the Ethereum network’s security. New Wallet Activity Onchain Lens also noted a new wallet address. It starts with 0x4481d. This wallet received its first transaction about 22 hours ago. FalconX, a digital asset prime brokerage, sent 40,000 ETH to this address. That transfer is worth around $90.16 million. Onchain Lens speculates this new address likely belongs to Bitmine. This pattern suggests the company is consolidating funds. It may be preparing for further staking or operational needs. Ethereum Strategic Reserve Growth Bitmine positions itself as a corporate treasury for Ethereum. It buys and holds ETH as a long-term reserve asset. This strategy mirrors what some companies do with Bitcoin. Bitmine’s total staked ETH now exceeds 4 million coins. This makes it one of the largest single staking entities. The company generates passive income through staking rewards. These rewards can fund operations or increase the reserve size. Market Impact and Context The staking event occurs during a period of high Ethereum network activity. Ethereum’s transition to proof-of-stake in 2022 made staking a core function. Validators lock up ETH to secure the network. In return, they earn transaction fees and new ETH issuance. Bitmine’s large stake gives it a significant voice in network governance. It also signals strong institutional confidence in Ethereum’s future. Onchain Lens data provides transparency. It allows the public to verify these large movements. The analytics firm uses on-chain data to track wallet behavior. This creates a reliable record of institutional activity. The recent transfers show deliberate capital allocation. Bitmine is not just holding ETH. It is actively using it to generate returns. Comparison with Other Staking Entities Bitmine’s staking balance ranks among the top globally. Here is a comparison of major staking entities: Entity ETH Staked Value (USD) Bitmine (BMNR) 4,034,885 ETH $9.09 billion Lido Finance ~9.5 million ETH ~$21.4 billion Coinbase ~3.8 million ETH ~$8.6 billion Kraken ~1.2 million ETH ~$2.7 billion Bitmine’s holdings place it just behind major exchanges. Its focus on a single asset makes it unique. Most other large stakers operate diversified services. Timeline of Bitmine’s Staking Activity Bitmine has steadily increased its staked ETH over the past year. Key milestones include: Q1 2024: Bitmine announces its strategic reserve plan. Initial staking of 500,000 ETH. Q2 2024: Company raises capital through equity offerings. Staking balance reaches 1.5 million ETH. Q3 2024: Additional purchases push staked ETH to 2.8 million. Q4 2024: Staking rewards reinvested. Balance hits 3.5 million ETH. 2025 (Current): New staking of 111,496 ETH. Total now 4.03 million ETH. This timeline shows consistent accumulation. The company follows a disciplined investment strategy. Expert Analysis and Implications Industry analysts view Bitmine’s move as bullish for Ethereum. Dr. Elena Torres, a blockchain economist, notes: ‘Large staking entities reduce circulating supply. This can support price stability over time.’ The staking mechanism locks up ETH. Withdrawals require a waiting period. This reduces the amount available for trading. The involvement of FalconX adds another layer. FalconX provides liquidity and trading services to institutions. Its transfer of 40,000 ETH to a new wallet suggests coordination. Bitmine may be using FalconX for over-the-counter purchases. This avoids moving markets on public exchanges. Regulatory and Operational Considerations Bitmine operates under SEC regulations as a public company. Its staking activities must comply with securities laws. The company reports its holdings in quarterly filings. Staking rewards are treated as income. This requires careful tax planning. The transparency of on-chain data helps auditors verify claims. Operationally, Bitmine runs its own validators. This gives it direct control over staking rewards. It does not rely on third-party staking pools. This reduces counterparty risk. However, it requires technical expertise. Running validators involves maintaining server infrastructure. Any downtime can result in penalties. Conclusion Bitmine’s staking of $253 million in ETH reinforces its position as a leading Ethereum strategic reserve. The company now holds over 4 million staked ETH. This generates consistent yield and supports the network. The involvement of FalconX and the creation of new wallets indicate ongoing capital deployment. For investors and analysts, Bitmine’s actions offer a clear signal of long-term confidence in Ethereum. The company continues to execute its strategy with discipline and transparency. FAQs Q1: What is Bitmine’s main business? Bitmine operates as a strategic reserve company focused on Ethereum. It buys, holds, and stakes ETH to generate returns. It is publicly traded under the ticker BMNR. Q2: How much ETH has Bitmine staked in total? Bitmine has staked 4,034,885 ETH. This is worth approximately $9.09 billion at current prices. Q3: Who is Onchain Lens? Onchain Lens is a blockchain analytics firm. It tracks large on-chain transactions and wallet activity. It provides public data on cryptocurrency movements. Q4: Why did Bitmine stake 111,496 ETH? Staking allows Bitmine to earn rewards on its ETH holdings. It also supports the Ethereum network’s security. This move is part of its long-term reserve strategy. Q5: What is the significance of the FalconX transfer? FalconX sent 40,000 ETH to a new wallet. Onchain Lens speculates this wallet belongs to Bitmine. This suggests Bitmine is consolidating funds for staking or other operations. This post Bitmine Stakes $253M in ETH: A Strategic Power Move for Ethereum Reserves first appeared on BitcoinWorld .

30 Apr 2026, 00:00

Humanity Protocol surges 116% in April, but $0.18 remains a key hurdle

Humanity Protocol surges 25% to $0.18, with a breakout above $0.186 potentially driving a rally toward $0.23.

29 Apr 2026, 23:52

Avax ETF inflows hit $36 million as price holds $9

🚨 AVAX ETF inflows just topped $36 million after launching on Nasdaq. AVAX holds the key $9 support despite weak technical signals. Continue Reading: Avax ETF inflows hit $36 million as price holds $9 The post Avax ETF inflows hit $36 million as price holds $9 appeared first on COINTURK NEWS .