K Wave Media Ltd. saw its shares fall 27% following its announcement to abandon Bitcoin treasury plans and redirect $485 million toward artificial intelligence infrastructure, including GPU computing and data centers. The company also plans to divest a subsidiary and reduce nearly $50 million in debt as part of a broader corporate restructuring. This strategic pivot reflects management's response to evolving technology trends, signaling a focus on AI infrastructure over cryptocurrency holdings. Shareholders will vote on a proposed rebranding to Talivar Technologies in July 2026.
Ethereum surged past $1,700 to reach about $1,715 on July 3, gaining over 6% in a day amid renewed inflows into U.S. spot Ethereum ETFs, led by BlackRock’s ETHA. A rare monthly TD Sequential buy signal appeared, historically preceding major rallies, ...
Revolut will remove Tether's USDT stablecoin from eligible European accounts by August 31, following the EU's new Markets in Crypto-Assets (MiCA) regulations. Users can buy USDT until July 6 and must sell, withdraw, or transfer their holdings by the ...
Valterra Platinum is considered undervalued because it is viewed more as a strategic, integrated platinum group metals (PGM) platform rather than a typical cyclical miner. Its 2025 adjusted EBITDA is projected to rise 68% to R33.4 billion, with margi...
PrimeEnergy Resources (PNRG) is recommended as a strong buy because it has a debt-free balance sheet and is overall profitable. The company stands to gain from sustained high commodity prices, especially with oil price volatility driven by instabilit...
U.S. spot Bitcoin ETFs recorded $221.7 million in net inflows, ending a 10-day withdrawal streak as weaker U.S. jobs data and easing Federal Reserve rate hike concerns helped Bitcoin rebound about 7.7% from its weekly low. Bitcoin climbed back above ...
