Bitcoin faced $1.26 billion in net selling over two weeks, mainly from whales and BlackRock's iShares Bitcoin Trust ETF, yet its price remained steady around $76,000. This resilience is due to corporate treasury buying, notably by MicroStrategy, and the use of over-the-counter trades that prevent market disruption. While ETF outflows continue, the market's ability to absorb large sales without major price drops signals maturation. However, sustained ETF redemptions could challenge this balance if corporate buying slows.
Alphabet CEO Sundar Pichai revealed that the company is facing challenges in rapidly expanding its AI capacity to meet demand. Meanwhile, competitor Anthropic has successfully secured 5 gigawatts of AI computing power, highlighting a significant deve...
North Peak Resources Ltd. completed the purchase and cancellation of 1,000,000 common shares from Solarljos, LLC at C$0.80 per share, totaling C$800,000. This transaction reduces North Peak's outstanding shares to 48,973,642 and reflects confidence i...
Aclara is progressing its heavy rare earths strategy by integrating the Carina mining project and a U.S. separation facility to capture more downstream margins. The Carina feasibility study shows a strong after-tax net present value (NPV) of $1.66 bi...
Shattuck Labs has pivoted from oncology to focus on immunology, specifically developing DR3-targeted therapies for inflammatory bowel disease (IBD). Their lead candidate, SL-325, demonstrated strong safety, low immunogenicity, and durable receptor oc...
Bitfinex Securities launched five equity-backed notes on the Liquid Network, offering fractional tokenized exposure to companies holding large Bitcoin treasuries. These notes, trading from about $1, track companies like Strategy and Metaplanet but do...
