At Consensus Miami 2026, Blockstream CEO Adam Back highlighted Bitcoin's simpler, more secure network as a key factor attracting institutional capital away from riskier DeFi platforms. He described Bitcoin adoption in three waves: retail ownership, spot ETF access, and now growing institutional allocation through managed portfolios, pension funds, and sovereign entities. Back noted that major institutional allocations, such as those from BlackRock model portfolios, have yet to fully materialize, signaling significant upcoming inflows. He also mentioned about 200 bitcoin treasury companies globally, including his own firm BSTR, which actively manages bitcoin exposure to generate returns beyond passive holding.
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Several stocks experienced significant declines today driven by company-specific events. SANUWAVE Health's shares dropped 39.21% despite strong revenue guidance, Twin Vee Powercats fell 30.95% amid a legal investigation, and Gorilla Technology declin...
The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...
The stock market saw significant gains driven by corporate announcements and high trading volumes, particularly in battery technology, electric vehicles, and green energy sectors. Electrovaya surged 49.05% after announcing a commercial deal with Amaz...
An Akamai Technologies executive sold 3,100 shares as the company shifts focus from its declining content delivery network business to high-growth cloud infrastructure and cybersecurity services. This strategic pivot is supported by a $1.8 billion, s...
