Bitcoin exchange-traded funds experienced a $630 million outflow on May 13, driven by a sharp slowdown in corporate treasury purchases of Bitcoin. This retreat from companies that had been steadily adding Bitcoin to their balance sheets has weakened institutional demand and pressured ETF markets. Adding to market uncertainty is a $2 billion options cluster near the $82,000 price level, which could trigger significant price swings and heightened volatility if Bitcoin approaches it. Investors are cautious, with some reducing positions and others preparing for potential rapid market moves, as the combination of reduced corporate buying and the looming options cluster creates a tense environment for Bitcoin's price stability.
INmune Bio announced that the FDA granted Fast Track designation to its drug XPro1595 for treating early Alzheimer's disease, including mild cognitive impairment and mild dementia stages. This designation aims to speed up the development and review p...
Gentherm is showcasing its expansion into the home and office furniture markets at NeoCon 2026, introducing wellness experiences that integrate thermal and pneumatic comfort technologies. Building on decades of automotive and medical expertise, Genth...
Kyverna Therapeutics, a late-stage biopharmaceutical company developing cell therapies for autoimmune diseases, announced it will present at the H.C. Wainwright Nasdaq BioConnect Conference on May 19, 2026, and the Jefferies Global Healthcare Confere...
Xcel Brands announced that renowned dog behaviorist Cesar Millan will debut his new pet product collection, Trust, Respect, Love by Cesar Millan, on QVC in September 2026. The collection features high-quality pet essentials designed to enhance daily ...
Freshworks unveiled its AI Agent Studio within Freshservice, enabling organizations to deploy custom AI agents quickly to improve service operations. The platform integrates AI with enterprise tools like Microsoft Teams and HR systems, enhancing IT a...
