BlackRock’s iShares Bitcoin Trust (IBIT) sold 2,221 BTC worth about $170.59 million on May 18, ending a six-week streak of Bitcoin accumulation that totaled nearly $3 billion. This sell-off coincided with Bitcoin's price falling from a key resistance level around $82,200 to about $77,410, reflecting bearish sentiment. The decline followed a Senate vote advancing crypto regulation, which may have influenced investor behavior. Analysts suggest Bitcoin could drop further to below $72,000 but might rebound if BlackRock resumes buying.
CBAK Energy Technology reported a 99.3% year-over-year revenue increase to $69.62 million in Q1 2026, fueled by expanded production capacity and strong demand in light electric vehicles and battery raw materials. The battery segment grew 84.3%, with ...
NRx Pharmaceuticals reported a quarterly EPS of -$0.04, beating estimates and improving from last year, but revenue fell short at $1.07 million. The company is preparing for an FDA decision on its Preservative-Free Ketamine and has FDA clearance for ...
Rein Therapeutics completed a $57.5 million underwritten public offering by selling 57.5 million shares at $1.00 each, including the full exercise of an over-allotment option. The proceeds will fund the Phase 2 clinical trial of their drug LTI-03 for...
Streamex Corp. announced its second monthly yield distribution for GLDY, a gold-backed tokenized security, covering April 2026. The yield is generated through Streamex's institutional gold leasing program, which currently earns an annualized lease yi...
TOYO Co., Ltd announced a 177% increase in Q1 2026 revenue to $142.8 million, driven by higher solar cell and module sales. Net income rose to $28.4 million from a loss of $3.7 million in Q1 2025, with EBITDA improving significantly. The company reaf...
