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Qualigen rallies on announcing $30 mln crypto treasury partnership with BitGo

Qualigen rallies on announcing $30 mln crypto treasury partnership with BitGo

** Shares of drugmaker Qualigen Therapeutics rise 46.3% to $5.65 during early trade** Co late on Thursday said it partnered with digital asset infrastructure company BitGo to manage a $30 mln crypto treasury allocation** BitGo to provide custody and desk services for investment and management of di…

Democrats look to block UAE arms sales, as Trump announces new deals

Democrats look to block UAE arms sales, as Trump announces new deals

U.S. congressional Democrats on Thursday sought to block arms sales to the United Arab Emirates over its alleged involvement in Sudan's civil war and concern about crypto currency ties, the same day Republican President Donald Trump announced $200 billion in new deals with the Gulf State.Democra…

Institutional investors juggle bitcoin ETF holdings, US filings show

Institutional investors juggle bitcoin ETF holdings, US filings show

A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a 12% drop in the cryptocurrency's price in the first quarter of 2025, according to recent regulatory filings.This marks a shift from previous quarters when asset managers had typically increased the…