Norway's DNO ASA has proposed a $396 million cash takeover of Capricorn Energy, offering $5.214 per share, which is about 10% higher than a previous offer from Genel Energy. Capricorn's board now recommends the DNO deal, valuing the company at a 45% premium over its pre-offer share price. The acquisition would expand DNO's operations to Egypt, complementing its existing North Sea and Kurdistan assets, with completion expected by early 2027 pending approvals.
Bitcoin surged about 26% in August, briefly surpassing $81,000, driven by institutional demand and ETF inflows. However, it stalled just below $80,000 in early September after Federal Reserve signals of potential rate hikes dampened momentum. Michael...
Binance announced it will adjust collateral ratios for 11 assets, including Zcash (ZEC), effective September 4, 2026. Collateral ratios determine how much an asset's value counts toward margin or loan collateral, so changes can affect borrowing power...
Solana (SOL) has broken out of a months-long accumulation range and a year-long downtrend, pushing its price above $100 and signaling a potential market reversal. The critical test now is whether the $83-$85 zone can hold as support during the next p...
Goldman Sachs has emerged as the largest institutional holder of U.S. spot XRP ETFs, reporting $87.45 million in exposure in the second quarter of 2026. This represents holdings linked to over 84 million XRP tokens, surpassing all other institutional...
Finbold's AI-driven analysis forecasts Bitcoin's price by September 30, 2026, with mixed predictions ranging from a modest 1.37% increase to $79,674 to a 9.05% decline to $71,500. Among five AI models, ChatGPT-5.6 Sol is the most bullish, predicting ...
