Levi & Korsinsky has launched an investigation into Merchants Bancorp following its Q1 2026 earnings report, which showed a headline beat but revealed a nearly 50% drop in brokered deposits compared to Q1 2025. This decline, coupled with a significant increase in the company's cost of funds, led to a 9.3% share price drop as investors questioned the sustainability of earnings growth. Prior company statements highlighted strong deposit growth, but the earnings report did not address the steep deposit decline, causing concern among investors and analysts. The investigation aims to explore potential violations of federal securities laws related to these disclosures.
Remittix has raised $33 million in its presale, nearing its $36 million hard cap ahead of its November 24, 2026 launch. The project offers a PayFi ecosystem connecting crypto with bank payments, with active product use and testing underway. Meanwhile...
Vandell Aljarrah, co-founder of Black Swan Capitalist, highlighted XRP's historical price movement, noting roughly two years of price consolidation before its major rally in 2017-18. He emphasized that losing patience during such stagnant periods is ...
Fidelity's analysis highlights potential growth for bitcoin demand within the $150 trillion global fixed-income market through preferred stocks that finance bitcoin purchases. These dividend-paying preferred stocks, currently a $12 billion segment, c...
Cronos (CRO) price fell to around $0.056 on October 22, losing much of its recent gains as buyers struggle to hold support between $0.055 and $0.056. The token faces resistance near $0.060, with trading volume down since September, indicating weak bu...
Bittensor's TAO token fell 5.54% within 24 hours to $258.04, coming close to a previously identified support range of $252-$255. This decline was sharper than Bitcoin's 3.41% drop to $81,313 in the same period. The token remains about $3 above the up...
