The corporate world is increasingly recognizing the potential of cryptocurrency, and now, a surprising player has entered the arena. Galmed Pharmaceuticals (Nasdaq: GLMD), a clinical-stage pharmaceutical company, just made headlines with a groundbreaking decision. They have approved a bold new crypto treasury strategy, intending to deploy up to $10 million of their cash reserves into
The ongoing Bitcoin bull run may be over, as it flashes numerous bearish chart patterns on the weekly chart. Summary Bitcoin bull run could be ending as a risky pattern forms. It has formed a falling wedge pattern on the weekly chart. Demand for spot Bitcoin ETFs has waned in the past few days. Bitcoin
A coalition of AI companies unveiled a Super Political Action Committee (SuperPAC), designed to influence US technology policy and strengthen the nation’s position in the global AI race, according to an Aug. 25 press release. The group, Leading the Future (LTF), pledged to back candidates who support innovation while pushing back against legislation that could
Michael Saylor has taken immediate advantage of his modified promise about diluting common shareholders with today’s massive increase in the supply of Strategy, formerly known as MicroStrategy (MSTR). This morning, he announced 875,301 more shares sold of MSTR under his at-the-market (ATM) offering. Those sales would have been prohibited under slide 96 of the company’s
Non-USD stablecoins are a growing market in 2025, rebounding after a brief pause in March and April. These assets are powering genuine crypto adoption in several regions, which is often an elusive target. Latin America, especially Brazil, is powering this trend, representing 55% of the total volume. Additionally, Polygon is by far the most popular
Corporate treasuries continue to quietly scoop up Bitcoin even as the market retraces recent gains. Institutions bagged more than 7,700 BTC last week, hinting that they still have an appetite while retailers back off. A bullish rally triggered after the US Fed chair Jerome Powell’s Jackson Hole address witnessed a major correction. Bitcoin, which went
This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. A coalition of the world’s leading stock exchanges has urged regulators to crack down on tokenized stocks, warning that blockchain-based assets could threaten investor protection and market stability. In a letter sent on August 22 to the U.S.
Leaders of the crypto industry want to raise another $1 billion to sell even more solana (SOL) treasury stock, despite a terrible track record of delivering returns to shareholders. Jump Crypto, Galaxy Digital, Multicoin Capital, and Cantor Fitzgerald have secured an endorsement from the Solana Foundation to work on a share sale using the largest
The mixed price actions seen across the crypto market in the past few days have raised curiosities as to whether the 2025 bull market has been concluded. While hopes of Bitcoin achieving a new all-time high appear to be fading, recent data from Glassnode suggests that it is still possible in 2025. The data shows