Bitcoin fell below $70,000 for the first time in two months, dropping over 4.45% amid ongoing outflows from spot bitcoin ETFs and a symbolic sale by Strategy, the largest corporate bitcoin holder. Despite the sell-off, some analysts attribute the decline more to a surge in AI-related stocks drawing liquidity away from crypto rather than the bitcoin sales themselves. The market now looks to upcoming U.S. economic data, especially Friday's jobs report, which could influence investor sentiment and the next direction for bitcoin and other risk assets. A strong jobs report may dampen hopes for rate cuts and pressure crypto prices further, while weaker data could help bitcoin recover above $70,000.
Entrada Therapeutics announced that an independent Data Monitoring Committee has recommended increasing the dose to 10 mg/kg for Cohort 2 in its ELEVATE-45-201 Phase 1/2 trial for Duchenne muscular dystrophy. This follows safety and pharmacokinetic r...
Herantis Pharma telah menerima tanggapan positif dari FDA AS mengenai desain studi Fase 2a untuk HER-096, kandidat utama mereka untuk pengobatan penyakit Parkinson. FDA tidak memiliki kekhawatiran mengenai informasi kimia, manufaktur, dan kontrol (CM...
ISTO announced the creation of the PNT Standards Consortium, a nonprofit group formed by Leidos, IS4S, and TRX Systems to advance open, interoperable standards for Positioning, Navigation, and Timing (PNT) systems. The consortium aims to provide long...
Cardinal Infrastructure Group announced the acquisition of Piedmont Pipe Construction, a leading wet utilities provider in North and South Carolina. This move expands Cardinal's wet utility capabilities in the growing Charlotte, NC market and integra...
YieldMax® has declared monthly distributions for its Target 12™ ETFs, aiming for a 12% annual income. The ETFs include BIGY, RNTY, and SOXY, each with varying distribution rates and risks such as price participation limits and liquidity concerns. Inv...
