Farmers & Merchants Bancorp announced a 4.9% increase in its quarterly cash dividend to $5.35 per share, payable July 1, 2026. This marks the 61st consecutive year of dividend increases and the 91st year of paying dividends, solidifying its status as a "Dividend King." The company reported record net income of $24.1 million for Q1 2026, a 7.6% rise from the previous year, with strong financial metrics including a 14.69% return on average equity and solid credit quality. The bank operates primarily in California and is recognized for its financial strength and customer service excellence.
Arthur Hayes, co-founder of BitMEX, has been accused by onchain investigator ZachXBT of promoting four crypto tokens—Zcash (ZEC), NEAR, HYPE, and Worldcoin (WLD)—to his followers and then quickly selling them, a practice known as creating "exit liqui...
Cardano's ADA price has fallen sharply from its late 2024 peak near $1.30 to around $0.156, erasing most gains from the previous rally. This decline reflects weakening confidence as key support levels have been broken and network fundamentals deterio...
Bitcoin and Ether suffered their largest weekly declines since the 2022 FTX collapse, dropping 17.3% and 22% respectively, wiping out about $390 billion from the crypto market. The selloff was triggered by Strategy's bitcoin sale, heavy ETF outflows,...
Bitcoin dropped below $61,000, hitting an intraday low of $59,227, causing $172 million in leveraged long liquidations within an hour. The selloff was triggered by stronger-than-expected US jobs data, which raised expectations of less Federal Reserve...
Michael Saylor's Bitcoin Strategy faced criticism after data suggested it spent $64 billion on Bitcoin now worth $50 billion, implying a $14 billion paper loss. BitMEX Research countered this by highlighting that the company created shareholder value...
