Bitcoin has struggled to maintain the $60,000 level, frequently dipping below it over the past five days with $59,000 acting as support. During this period, large Bitcoin whales have been actively buying, including a recent purchase of 1,350 BTC worth $81.87 million from Binance, signaling growing optimism. Despite this whale accumulation, the overall market remains weak with bearish momentum dominating, suggesting that Bitcoin may continue to trade between $59,000 and $61,000 unless whale demand increases enough to push prices higher. If buying pressure strengthens, Bitcoin could rebound to around $64,500 in the near term.
Kessler Topaz Meltzer & Check LLP is investigating D-Wave Quantum Inc. for potential securities law violations following the company's disappointing Q2 2026 revenue of $3.08 million, which missed analyst expectations of around $4 million. The investi...
Byrna Technologies, a maker of less-lethal defense products, reported a 45.7% year-over-year revenue decline in Q3 2026, with wholesale sales dropping 61.1%, signaling weak end-user demand. Despite improvements in gross margin from outsourcing and ta...
Bitcoin options on Deribit reveal a strong concentration of call open interest at higher strike prices of $90,000, $95,000, and $100,000 for the October 30 expiration, totaling about $4.53 billion. The largest position is at the $95,000 strike with o...
Lumentum Holdings is experiencing accelerating revenue growth and expanding profit margins, fueled by its premium product lineup and improved operational efficiencies. The company's Systems segment is outperforming its Components segment, led by inno...
Bitcoin options traders have amassed $4.5 billion in call options at strike prices of $90,000 to $100,000, with a notable 25,030.6 BTC position at the $95,000 strike expiring on October 30. Calls dominate 60.24% of the options market, signaling bulli...
