Vertical Aerospace has resolved its urgent liquidity issues and made room for possible third-party financing through a new strategic agreement it negotiated with investor Mudrick Capital, as cash flow became an ever-greater worry. The eVTOL company in the UK aims to further strengthen its financial position by closing a new funding round in Q1 2025. This will allow them to fund operations until the end of the year. Vertical confirmed in an SEC filing that it plans to “launch and complete the [new] equity placement during the first quarter of 2025 before the company has used all its existing resources.”…
Author: Mubbsher Jutt
GLOBE NEWSWIRE, December 26, 2024 – An inquiry into possible violations of the federal securities laws has been announced by leading securities law firm Bleichmar Fonti & Auld LLP into BioAge Labs Faces Legal Labs, Inc. BIOA. BioAge Labs’ Azelaprag for Obesity Treatment BioAge Labs, Inc., a clinical-stage biopharmaceutical business, focuses on therapeutic product development for metabolic illnesses, particularly obesity. The company’s prime candidate, Azelaprag, is a small-molecule agonist of the apelin receptor (APJ) that can be taken orally and is intended to promote weight loss. According to the company’s statements during that time, azelaprag was well-tolerated in 265 individuals…
This week marks four years since the SEC filed its XRP and Bitcoin Face, Chris Larsen, and Brad Garlinghouse. Due to the SEC v. Ripple litigation, XRP investors have been through a lot of trouble. With a market cap low of $0.1009 in March 2020, XRP has fallen from its position as the second most valuable cryptocurrency since December 2020. As a result, XRP and Bitcoin Face surged to a high of $2.9070 in December 2024. People hope the Ripple case will finally come to a close because of Trump’s pro-crypto agenda and re-election. Nevertheless, the most recent moves by…
The price Upcoming Governance Upgrade Cardano (ADA), the ninth-biggest cryptocurrency by market size, have recently attracted much attention. Cardano is reportedly behaving in a way that is disturbingly similar to its previous cycle, according to Crypto expert Ali. If this historical pattern holds, Ali predicts a price objective of $6, pointing out that the first major correction following the bull rise that started in 2020 came simultaneously with the current correction. Cardano ADA Faces Crucial Support at $0.76 The Cardano ADA appears to be repeating its previous cycle. Our current correction occurred in 2020, simultaneously with the first major correction…
Why Is the Crypto Market Declining Right Now The article Bitcoin Falls Below $95K Falls Below $95,000 originally appeared on Coinpedia, a Fintech News Source. With a precipitous 11.25% drop in value over the last three days, Bitcoin has shocked the market. As a result of a $1.10 billion liquidation, its value plummeted, and it is now trading for $94,715 on the Crypto market. While long traders are paying a big price, this is a fantastic time for bears. Find out what’s going on and why the cryptocurrency market is in the red today. IMF Asks El Salvador to Change…
With an opening price of $94,800 on Tuesday, the price of bitcoin fell to its lowest point since November 27. The average Bitcoin transaction size reached a 2-year high of $306,101 on December 22, signaling big sell-offs by whale investors. With bears controlling market momentum for six days, the Bull bull-bear power indicator indicates that continued adverse risks are likely. On Tuesday, the price of bitcoin began trading below the $95,000 mark, its lowest point since November 27. Trends in on-chain data indicate that big investors are putting more pressure on the sell side. Could Bitcoin’s price drop below $90,000?…
Since Donald Trump’s election last month, the Crypto Fear and Greed Index, which measures the emotional pulse of the cryptocurrency market, has reached its lowest point. Reaching 70 on Monday, the index was at its level immediately preceding Trump’s resounding triumph. He had taken control of the Senate and a number of battleground states for the Republican Party. This indicator shows how extreme people are on a scale from 0 (very afraid) to 100 (very greedy). As a result, investors and traders can better determine if greed or fear drives market prices. Bitcoin Faces Decline as Market Greed Fades The…
To account for the value of the miners’ electrical power assets and Bitcoin holdings, analysts at JPMorgan increased the price estimates of four Bitcoin BTC$98,688 mining stocks in research shared with Cointelegraph on December 10th. In their research, analysts Reginald Smith and Charles Pearce identified four mining operations that will undergo upgrades: MARA Holdings (MARA), CleanSpark (CLSK), Riot Platforms (RIOT), and IREN (IREN). Every stock trades at a level close to or higher than its updated price objective. Previously, the experts valued Bitcoin Miners after halving each operator’s four-year gross profit opportunity. Like MicroStrategy, we are enhancing this architecture by 1)…
Utilizing Bitcoin to repay US debt is one of the most intriguing developments. The world is watching this daring proposal that gained support throughout Trump’s campaign. A strategic Bitcoin reserve, analogous to the Federal Reserve’s existing gold reserves, is another idea that Trump supports. Using this reserve as an alternative asset could address government debt issues, showcasing the potential of Bitcoin as a legitimate reserve asset. policymakers in the United States are looking into nontraditional ways to solve the sovereign debt issue caused by persistent fiscal imbalances and record-high borrowing. Keeping Bitcoin on hand as a reserve could help the…
The institutional adoption of cryptocurrencies was greatly accelerated by the introduction of Bitcoin exchange-traded funds (ETFs) and Ethereum ETFs in 2024, which marked a revolutionary event for the cryptocurrency market. After a long wait, the Securities and Exchange Commission (SEC) finally gave its approval for spot Bitcoin exchange-traded funds ETFs Trump’s Influence enabled traditional investors to obtain exposure to Bitcoin within a framework that was both regulated and accessible. The permission resulted in a significant increase in the amount of institutional capital invested, which led to a noteworthy increase in the price of Bitcoin when the announcement was made. Ethereum…