In brief The Federal Reserve cut its benchmark rate by 0.25% on Wednesday, causing Bitcoin to dip 1.4% to around $92,000 while Ethereum rose slightly. The Fed did not commit to future rate cuts and will resume buying short-term Treasury bills to maintain reserve levels. Immediately after the news was announced Wednesday, traders rate that...

Bitcoin infrastructure firm Blockstream’s CEO Adam Back has said that all companies become Bitcoin treasuries. He said that macro issues caused the price of Bitcoin to drop in recent months but remains upbeat about the cryptocurrency’s price trajectory. Back is also the CEO of Bitcoin Standard Treasury Company, which is still yet to go public....

Olema Pharmaceuticals stock hits 52-week high at $29.57