US Stocks Overcome Early Decline Amid Israeli-Gaza Tensions to Close Higher
The Dow and S&P 500 fell early in the day, but rebounded to end the day positive. Go to Source
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Nasdaq’s Hashdex mixed Ether ETF filing joins crypto ETF race
Known as the Hashdex Nasdaq Ethereum ETF, this investment fund is the first filing for futures and spot Ether holdings under the ‘33 Act and is overseen and supervised by Toroso Investments. Go to Source
Nasdaq receives SEC approval for AI-based trade orders
The artificial intelligence-based order type could make stock trading even more efficient. Go to Source
Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores. Go to Source
Nasdaq halts launch of cryptocurrency custody service
Nasdaq said it remains committed to the digital asset business development and will be monitoring the market events in the near future. Go to Source Powered by WPeMatico
Valkyrie ‘BRRR’ spot Bitcoin ETF enters SEC’s Nasdaq rulemaking list
The SEC has accepted for review the Valkyrie spot Bitcoin ETF filing named “BRRR,” which is a reference to a popular meme in the Bitcoin community. Go to Source Powered by WPeMatico
Cathie Wood’s ARK sells 135k Coinbase shares as COIN hits $90
Cathie Wood is taking profits from ARK Invest’s Coinbase holdings by selling a small portion of its COIN stash. Go to Source Powered by WPeMatico
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock. Go to Source Powered by WPeMatico
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
The “Oracle of Omaha” has increased Berkshire Hathaway’s cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets. Go to Source Powered by WPeMatico
Coinbase officers, board members face suit over alleged insider trading during listing
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public, despite knowing they would lose value. Go to Source Powered by WPeMatico