Forward Industries transferred 455,784 SOL tokens worth about $31.9 million to Coinbase Prime after a month of inactivity, raising questions about its treasury strategy. The company holds nearly $1.13 billion in unrealized losses on its Solana treasury, acquired at an average price of $232.08 per token. This move could relate to liquidity management, portfolio rebalancing, or preparing for asset sales, but the company has not commented. Despite losses, Forward Industries earns staking income and continues to develop its treasury operations with partners like Galaxy Digital and Jump Crypto.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
