Evolution Metals & Technologies Corp. reported Q1 2026 results and announced a $100 million convertible debenture facility with Yorkville Advisors to expand production capacity. The company placed binding orders for 13 ULVAC sintered rare earth magnet machines, aiming to scale annual production to 10,000 metric tons by November 2026. This expansion positions EM&T as the largest U.S.-listed rare earth magnet producer outside China, supporting U.S. defense and industrial needs ahead of the 2027 DFARS deadline restricting Chinese-origin magnets. The company benefits from favorable U.S. policies promoting domestic critical materials supply chains and plans further growth with a new U.S. industrial campus.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
