Bitcoin's price recently fell below $62,000 despite large accumulations by ETFs and MicroStrategy, which together hold more BTC than Satoshi Nakamoto's estimated stash. This suggests a significant distribution phase with strong sell pressure, even as institutional holders like MicroStrategy have barely sold any coins. The average cost basis for Bitcoin investors is around $53,000, and historically, bear markets end only after prices drop below this realized price. The current dynamics indicate a major shift in Bitcoin supply but also highlight persistent market volatility and uncertainty ahead.
Axsome Therapeutics showcased new clinical data on SYMBRAVO, their migraine treatment combining meloxicam and rizatriptan, at the American Headache Society's 68th Annual Scientific Meeting. The presentations covered efficacy, safety, and comparative ...
Clean Energy Fuels Corp. has launched its eighth dairy renewable natural gas (RNG) facility at East Valley Cattle in Jerome, Idaho, one of North America's largest dairies. The facility processes over 5 million gallons of manure daily using advanced t...
Broadcom's CEO confirmed a bold forecast of over $100 billion in AI semiconductor revenue for fiscal year 2027, following a 180% revenue jump to $56 billion in 2026. The company has extended customer commitments through 2028, reflecting strong demand...
Auddia Inc. has started developing the McCarthy Finney Operating System (MCFN-OS), an AI-native, Web3-enabled platform designed to automate workflows and support multiple subsidiaries with agentic AI and blockchain trust. The first production module ...
US Signal is significantly expanding its Aurora, Illinois data center to increase power capacity and resiliency, supporting growing enterprise needs for hybrid cloud, AI infrastructure, and data protection. The multi-phase upgrade will more than doub...
