Bitcoin dropped below $60,000 following a stronger-than-expected US jobs report that increased the likelihood of Federal Reserve rate hikes this year. The US added 172,000 jobs in May, well above forecasts, prompting traders to reduce expectations for rate cuts and triggering over $1.7 billion in crypto liquidations. Despite the selloff, Bitcoin ETFs saw net inflows for the first time in 13 days, and on-chain data suggests short-term holders may be nearing capitulation. The next key support is around $55,000, with risks remaining from economic data and derivatives positioning.
Arcutis Biotherapeutics awarded 44,000 restricted stock units to six newly hired employees as part of its 2022 Inducement Plan, approved by its board's Compensation Committee. These stock units vest over four years, with 25% vesting annually, conting...
The Organic Grower Summit is accepting nominations for its ninth annual Grower of the Year Award, sponsored by John Deere. The award honors leaders advancing organic farming through innovation and sustainability, with four finalists chosen to attend ...
Safetrust Inc. will present its commercial Aliro deployment at the Connectivity Standards Alliance's Unify conference in June 2026. The company's founder, Jason Hart, will join a panel discussing the readiness and benefits of Aliro for commercial env...
RAIN, a decentralized prediction market on Arbitrum, announced a $200 million ecosystem commitment via Enlivex and added $100 million in liquidity to support growth. The protocol is preparing to launch Version 2 with features like permissionless mark...
Canadian National Railway Company (CN) has signed an agreement with BHP to transport potash from the Jansen Potash Mine in Saskatchewan to export terminals on Canada's West Coast. This rail service will connect one of the world's largest new potash d...
