Bitcoin's price fell sharply to as low as $61,400 before rebounding to around $64,000, and is currently trading near $62,400, down 7% in 24 hours. The drop is linked to $4 billion in outflows from Bitcoin ETFs since mid-May, causing selling pressure. Strategy Executive Chairman Michael Saylor explained this as a capital rotation into AI investments, which have attracted about $400 billion in funding over six months, rather than a fundamental problem with Bitcoin. This volatility is seen as an opportunity by some investors. Shares of Strategy (MSTR), which recently sold some of its Bitcoin holdings, also declined slightly in premarket trading.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Ondo Global Markets reached $1 billion in total value locked (TVL) for tokenized stocks by May 2026, with projections to hit $5 billion by year-end. USDC, Circle's stablecoin, is the preferred settlement currency for these tokenized equities, favored...
Ademi LLP is investigating GPGI for potential securities fraud related to alleged inaccurate statements about its financials and business operations, especially concerning its acquisition of Husky Technologies Limited. This probe could impact investo...
