Bitcoin has seen a sharp rise in whale deposits on Binance, reaching 8,200 BTC on June 2nd, the highest since February's drop. This surge coincides with a 14% price decline in June, indicating growing short-term selling pressure as large holders reposition. Despite significant absorption of over 1.24 million BTC by MicroStrategy and ETFs since early 2023, Bitcoin's price remains pressured near the $53,000 average investor cost basis, a level historically linked to bear market floors. Market watchers remain uncertain if this signals a deeper correction or a late-cycle sell-off.
The cryptocurrency AAVE surged 9.31% within four hours to reach $163, extending its 24-hour gain to 10.07%. This price increase was accompanied by $140,000 in short liquidations on major exchanges like Binance, Bybit, and OKX, while no long liquidati...
On September 28, all four major crypto spot ETFs—Bitcoin, Ethereum, Solana, and XRP—recorded net inflows totaling about $65 million, highlighting growing institutional demand beyond Bitcoin alone. Bitcoin ETFs led with $31.07 million, followed by Eth...
Poolbeg Pharma has secured funding to complete its clinical trials through to the second quarter of 2028. The company is currently recruiting patients for its TOPICAL trial of POLB 001, a drug aimed at preventing cytokine release syndrome in cancer p...
Genflow Biosciences will present full results from its canine ageing trial at the Animal Longevity Summit in Toronto, highlighting the safety and potential health benefits of its GF-1004 treatment aimed at slowing ageing. The company is also progress...
Bitcoin's price fell below $83,000 on September 28-29, triggering the liquidation of about $500 million in leveraged crypto positions and impacting 129,197 traders. The drop was influenced by rising oil prices after geopolitical tensions and a rare 3...
