Bitcoin fell more than 2% on Friday, dropping from $81,300 to a low of $78,600 after U.S. August jobs data showed a stronger-than-expected 162,000 payroll increase, raising expectations for a Federal Reserve rate hike. Despite the pullback, Bitcoin is set for a third consecutive weekly gain of about 3%, fueled by a recent $20,000 rally over 20 days and strong inflows into U.S. spot Bitcoin ETFs, led by BlackRock. Market watchers note this rally caused historic leveraged position liquidations worth $11.4 billion. The Federal Reserve's upcoming decisions remain a key focus for investors.
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
Verastem Inc. reported $25.1 million in net product revenues for Q2 2026 from its Avmapki Fakzynja Co-pack, used for certain ovarian cancer patients. The company is also developing a KRAS G12D inhibitor, VS-7375, targeting multiple cancers, with impo...
Radiant Uranium has finalized its acquisition of the 2,048-hectare Cross Lake uranium property in Saskatchewan's Athabasca Basin by issuing 4 million shares and paying $20,000 to Bromell Mining LLP. The property contains a historic uranium estimate o...
One year after reaching a record high of over $126,000 in October 2025, Bitcoin's price has dropped just 32% to around $85,453, a much smaller decline compared to previous bear markets where drops ranged from 70% to over 80%. This milder downturn is ...
The Solana Foundation introduced Solana DvP, an open-source protocol that enables financial institutions to complete trade settlements on blockchain within seconds instead of days. Developed with guidance from JPMorgan, the protocol replaces fragment...
