Bitcoin's recent price recovery from $57,800 to $65,777 has tightened losses for short-term holders to about -4%, close to their $68,800 cost basis. This shift may encourage holders to retain their coins longer, reducing market supply and supporting a potential rally. Bullish signals include sustained accumulation and a golden cross between the 20-day and 50-day moving averages, which historically precedes price surges. However, spot and perpetual market netflows remain negative, indicating that momentum depends on fresh buying demand to sustain the rally.
Cadillac Mines Corporation has priced and upsized its initial public offering to $385 million, selling 47.1 million common shares at $6.90 each and 6.3 million special flow-through shares at $9.52 each. The offering includes a treasury sale raising a...
Cadillac Mines Corporation announced the pricing and upsizing of its initial public offering (IPO) to approximately CA$385 million, selling 47.1 million common shares at CA$6.90 each and 6.3 million special accretive shares at CA$9.52 each. The incre...
Codexis, a biotech company specializing in enzymatic solutions for manufacturing oligonucleotide therapeutics, announced it priced a public offering of 16,666,667 shares at $1.50 each. The offering is expected to raise net proceeds of approximately $...
The Federal Reserve's recent hawkish pivot led by Kevin Warsh increased interest rates sharply, negatively impacting most income sectors. However, CMT preferred stocks have emerged as a promising sub-sector, potentially offering protection against ri...
Galaxy Digital's subsidiary, Galaxy Helios Data Centers II LLC, has priced a $3.507 billion private offering of 9.875% senior secured notes due 2031. The funds will finance the development of two data center buildings in Dickens County, Texas, with 4...
