Bitcoin fell below $63,000, hitting an intraday low of $62,470, pressured by $131 million in ETF outflows and proposed MSCI rules targeting firms with high non-operating assets. These rules could lead to removals from key indexes, potentially triggering institutional selling and dimming Bitcoin's year-end outlook. Despite a relief rally, Bitcoin remains nearly flat for August with seven-day losses of 2.6%. The MSCI decision is expected by October 16, with possible index changes starting in November.
Two directors of Equitable Holdings sold shares recently, with Bertram L. Scott selling 2,780 shares and Craig C. MacKay selling 2,000 shares. Meanwhile, institutional investors showed mixed activity: Engineers Gate Manager LP drastically cut its hol...
Shares of Greenland-linked mining companies surged following a new U.S.-Denmark-Greenland security agreement that boosted investor interest in Greenland's mineral resources. Greenland Mines Ltd. jumped over 229%, while Critical Metals Corp. rose near...
Biotech stocks and leveraged ETFs were the biggest losers in the market, with Cue Biopharma dropping 23.7% despite positive Phase 2 clinical results. Leveraged ETFs tied to AMD, Strategy, and Novo Nordisk also saw sharp declines due to their daily-re...
Novo Nordisk held its Analyst/Investor Day on September 21, 2026, featuring presentations from its top executives including the CEO and heads of R&D, product strategy, and operations. The event focused on the company's future plans, product pipeline,...
In Germany, swapping Bitcoin for gold is treated as a taxable sale unless the Bitcoin was held for over a year or total private sale gains are under €1,000 annually. The tax treatment varies depending on the form of gold acquired—physical bars, gold ...
