Equities and digital assets are extending their downtrend as CNBC’s Fed Survey reports an elevated risk of recession. The Nasdaq, S&P 500 and Bitcoin (BTC) all plummeted on Tuesday morning ahead of the Federal Reserve’s policy statement due on Wednesday. In CNBC’s March edition of the Fed Survey, which takes insights from major fund managers, […]
The post Stocks and Crypto Extend Losses As Risk of Recession Reaches Six-Month Highs, According to CNBC Fed Survey appeared first on The Daily Hodl.
Crypto asset manager Grayscale Investments is advancing plans to launch an exchange-traded fund (ETF) for Hedera Network’s native token HBAR, according to a new filing. The Nasdaq Stock Market submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) to list and trade the Grayscale Hedera Trust. ETFs allow traders to expose themselves […]
The post Nasdaq Files for Proposal To List and Trades Shares of Grayscale Hedera (HBAR) Trust appeared first on The Daily Hodl.
Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise up to $50 million. The company plans to offer approximately 59.54 million Class A ordinary shares and 15.69 million Class B ordinary shares, seeking to list its Class A shares on Nasdaq under […]
Nasdaq has formally requested U.S. Securities and Exchange Commission (SEC) approval to launch an exchange-traded fund (ETF) tracking a basket of cryptocurrencies through a proposed regulatory framework designed to address market integrity concerns. Nasdaq’s Latest Proposal Filing Sets a New Standard for Crypto Market Oversight The Nasdaq Stock Market LLC submitted a 131-page Form 19b-4 […]
Fold is set to make history as the first bitcoin financial services company to go public, trading on Nasdaq after completing a SPAC merger. Fold Hits Nasdaq Tomorrow—Bitcoin Finance Gets Its Moment Fold Holdings Inc. announced on Feb. 18 that it will debut on Nasdaq, making history as the first bitcoin financial services company to […]
Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP’s deep liquidity and decentralized structure reduce manipulation risks. Nasdaq Seeks SEC Approval for Coinshares XRP ETF The Nasdaq Stock Market LLC has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Coinshares […]
Trading patterns in equity markets reveal that investors are bracing for increased volatility as the latest U.S. inflation report is set to be released. Bitcoin Moving in Tandem With Tech Stocks The correlation between bitcoin and U.S. technology stocks has surged to a two-year high, underscoring how the equity market’s response to the upcoming U.S. […]
Benjamin Cowen is saying that the price action of Bitcoin (BTC) could mirror that of the Nasdaq exchange-traded fund (ETF) Invesco QQQ during the first 13 months that followed its launch about 26 years ago. In a new video, Cowen tells his 855,000 YouTube subscribers that the QQQ ETF hit a local top after going […]
The post ‘Very Dubious’ Speculation Suggests Bitcoin Could Follow Nasdaq ETF Rallies of 1999: Benjamin Cowen appeared first on The Daily Hodl.
Microstrategy’s $43 billion bitcoin bet propels it into the Nasdaq-100, fueling bullish momentum as institutional investors are expected to prepare for major crypto-driven gains. Nasdaq Adds $43B Bitcoin Giant Microstrategy: Institutional Buying Frenzy Ahead? Nasdaq Inc., a leading global technology company and stock exchange operator, announced its annual adjustments to the Nasdaq-100 Index on Friday, […]
Bloomberg Intelligence expects MicroStrategy’s stock, MSTR, to join the Nasdaq 100 index later in December, with an announcement to come as soon as this week.
MicroStrategy (MSTR) is expected to join the Nasdaq 100 stock index on Dec. 23, with an announcement coming as soon as this week, according to a post on the X platform by Bloomberg Intelligence analyst Eric Balchunas.
The placement will rank MicroStrategy, a software company that became a de facto Bitcoin (BTC) hedge fund in 2020, among the Nasdaq stock exchange’s 100 largest stocks by market capitalization.
It will also expose MSTR to hundreds of billions of dollars in institutional capital flows tracking the widely-followed index.
