Hedge funds trading Bitcoin futures on the Chicago Mercantile Exchange (CME) have shifted to a net-long position, marking a significant change in institutional sentiment. This shift comes as the traditional basis trade—selling futures while buying spot Bitcoin or ETFs—loses appeal due to declining futures yields and higher returns on U.S. Treasury notes. Bitcoin's price recovery above $65,000 further supports this bullish outlook. The move suggests professional traders are increasingly betting on Bitcoin's price rising, which could indicate growing confidence in the cryptocurrency's future gains.
Global Indemnity Group will postpone its third quarter 2026 earnings call originally scheduled for November 4 to January, when new CEO Jessica Buss will present her vision and priorities for the company. The company will still release its Q3 results ...
Lorraine Ben, former CEO of Lockheed Martin Canada, has joined Syntax Defence to provide expert counsel amid Canada's commitment to invest over half a trillion dollars in defence over the next decade. This includes $180 billion in procurement opportu...
Dianthus Therapeutics, a clinical-stage biotech company, granted stock options to three new non-executive employees as inducements for joining the company. The options cover 26,000 shares at an exercise price of $82.25, vesting over four years. This ...
Zentalis Pharmaceuticals awarded 136,000 non-qualified stock options to four newly hired employees as an inducement to join the company, under Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $1.85, matching the stock's closing p...
The Federal Home Loan Bank of Atlanta announced the election of three new member directors and the re-election of one independent director to its board for 2026. Suzanne DeFerie was named Chair and Kathy McKinney Vice Chair for 2027, ensuring experie...
