Long-term investors are accumulating Bitcoin through over-the-counter (OTC) trades in tranches, viewing current prices near $72,000 as attractive for an 18-month horizon. This buying contrasts with nearly $2 billion in combined outflows from Bitcoin and Ethereum ETFs over ten days, marking the longest redemption streak since their launch. Market maker Wintermute highlights key Bitcoin support between $60,000 and $65,000 and notes crypto's recent failure to join the equity rally driven by AI earnings. Near-term catalysts include upcoming CPI and PPI data and the launch of CME Nasdaq crypto index futures, with ETF flows remaining a critical indicator of institutional interest.
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...
Several stocks experienced significant declines today driven by company-specific events. SANUWAVE Health's shares dropped 39.21% despite strong revenue guidance, Twin Vee Powercats fell 30.95% amid a legal investigation, and Gorilla Technology declin...
The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...
The stock market saw significant gains driven by corporate announcements and high trading volumes, particularly in battery technology, electric vehicles, and green energy sectors. Electrovaya surged 49.05% after announcing a commercial deal with Amaz...
An Akamai Technologies executive sold 3,100 shares as the company shifts focus from its declining content delivery network business to high-growth cloud infrastructure and cybersecurity services. This strategic pivot is supported by a $1.8 billion, s...
