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Palisade Bio reports Q1 2026 results and advances PALI-2108 into Phase 2 trials for IBD treatment.

Company Fundamentals
12 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Palisade Bio announced its Q1 2026 financial results and highlighted progress on its lead drug candidate, PALI-2108, a once-daily oral PDE4 inhibitor prodrug targeting inflammatory bowel disease (IBD). Positive Phase 1 data in ulcerative colitis and Crohn’s disease support advancing to Phase 2 trials, with ulcerative colitis trials expected to start in Q3 2026 and Crohn’s disease trials in early 2027. The company reported increased R&D and administrative expenses but maintains a strong cash position of $132.6 million, sufficient to fund operations through key clinical milestones expected in 2027 and 2028.

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Arthur Hayes buys $3.7M in Ethereum after selling 6,000 ETH at a loss weeks earlier.

Arthur Hayes buys $3.7M in Ethereum after selling 6,000 ETH at a loss weeks earlier.

Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...

Market News
Bullish
4 hours ago
Dormant 2017 bitcoin wallet moves $383M worth of BTC to new address, no sale yet.

Dormant 2017 bitcoin wallet moves $383M worth of BTC to new address, no sale yet.

A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...

Market News
Neutral
4 hours ago
Zcash nears $600 as strong bullish momentum drives price higher.

Zcash nears $600 as strong bullish momentum drives price higher.

Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...

Technical Signals
Bullish
4 hours ago
US to impose 25% tariffs on most Brazilian imports starting July 22 amid trade disputes.

US to impose 25% tariffs on most Brazilian imports starting July 22 amid trade disputes.

The US will impose a 25% tariff on most imports from Brazil starting July 22, following a yearlong investigation into alleged unfair trade practices by Brazil. The tariffs target issues such as Brazil's demands on US tech firms to remove political co...

Market News
Bearish
4 hours ago
Ethereum nears $2,217 as it breaks key resistance and shows strong bullish momentum.

Ethereum nears $2,217 as it breaks key resistance and shows strong bullish momentum.

Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...

Technical Signals
Bullish
4 hours ago
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