Bitcoin surged past $80,000 recently, driven by investors holding onto their coins as shown by a drop in 1-year active supply and exchange reserves. However, significant sell pressure and negative demand signals indicate uncertainty, with sellers offloading about $1.2 billion worth of BTC in recent days. The $76,000 price level is now a crucial test to determine if Bitcoin will sustain its rally or face a decline. Investors remain cautious as the market shows no clear confirmation of a sustained bull run.
AbbVie confirmed its $11 billion acquisition of Apogee Therapeutics, enhancing its drug pipeline in immunology, oncology, neuroscience, and aesthetics. The deal causes only modest near-term earnings dilution. AbbVie's Q2 results beat expectations, dr...
Bitcoin's price surged past $81,000, triggering $544.85 million in liquidations of leveraged crypto bets within 24 hours, mostly short positions worth $456.44 million. This rally coincided with a sharp drop in the US Dollar Index and a significant de...
Economist Mohamed El-Erian predicts the ongoing sell-off of global government bonds will persist due to rising yields and a lack of reliable buyers, especially for U.S. Treasurys. Key traditional holders like China, Japan, and Gulf countries are less...
Adelayde Exploration Inc. announced its common shares are now eligible for electronic clearing and settlement through the U.S. Depository Trust Company (DTC). This change simplifies trading and holding of shares for U.S.-based brokers and investors b...
ALP, the fastest-growing nicotine pouch brand in the US, has secured exclusive nicotine pouch partnership rights with Matchroom Boxing for major events in the UK and Ireland starting September 2026. This marks ALP's first major move into European mar...
