Bitcoin is trading around $80,000 following stronger-than-expected US Producer Price Index data showing a 1.4% rise versus 0.5% forecasts. This higher inflation reading has increased concerns about persistent inflation, leading traders to price in over a 30% chance of a Federal Reserve rate hike before December. The shift to a "higher-for-longer" interest rate outlook is pressuring risk assets, including cryptocurrencies, as delayed rate cuts reduce speculative inflows. While Bitcoin remains above $80,000, its momentum is sensitive to inflation, Treasury yields, and dollar strength, with altcoins facing even greater pressure due to their higher liquidity sensitivity. Institutional demand provides some support, but sustained crypto gains depend on clearer signals of monetary easing amid ongoing economic uncertainty.
Nokia shares climbed 3.87% in premarket trading following the launch of new agentic AI capabilities aimed at improving home and broadband networks. The AI tools are designed to automate troubleshooting, enhance network operations, and accelerate fibe...
NevGold Corp. has increased its brokered private placement financing from C$25 million to over C$42 million due to strong institutional demand. The Vancouver-based junior miner is developing the Limousine Butte gold-antimony project in Nevada, target...
PMGC Holdings Inc. acquired A&B Aerospace, a precision-machining company serving aerospace and defense markets, for $4.5 million. This marks PMGC's fifth acquisition in 12 months and supports its strategy to build an AS9100D-certified CNC machining p...
Quantum Cyber has secured an exclusive license for BP United's autonomous drone technology, including a sky defense platform capable of over 25 km range and fully autonomous operations. This move positions Quantum Cyber to capitalize on the Trump adm...
Silexion Therapeutics has begun Good Manufacturing Practice (GMP) clinical batch production of SIL204, a next-generation siRNA therapy targeting mutated KRAS in pancreatic cancer. The Helsinki Ethics Committee at Tel Aviv Sourasky Medical Center appr...
