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Tag Archives: nasdaq

Binance to Add Tradable Coinbase Stock Token After the Nasdaq Listing

With the crypto and perhaps the entire financial world focused on Coinbase’s direct listing scheduled to occur today, Binance announced it will list the stock token after the Nasdaq public listing is complete. Binance to List COIN/BUSD CryptoPotato reported the latest initiative from the world’s leading crypto exchange Binance in which the company introduced zero commission tradable stock tokens. The so-called Binance Stock Tokens enable holders to qualify for economic...

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Coinbase Targets Direct Nasdaq Listing of its Class A Common Stock

After the confidential submission of a draft registration statement to become a publicly-traded company announced last year, Coinbase has taken a major step to be listed on the giant US stock exchange – Nasdaq.CryptoPotato reported earlier that Coinbase had submitted a confidential draft registration statement to the US Securities and Exchange Commission (SEC) to go public via a direct listing instead of an IPO. Initial estimations suggested that the potential valuation was at about $28...

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Nasdaq CEO Says They May Halt Trading in Case of ‘Increased Social Media Chatter’ Following GME Stock Fiasco

The parabolic increase of GME stocks prompted by retail investors and a Reddit group has caught everyone’s attention, including Nasdaq’s CEO Adena Friedman.She mentioned that the giant exchange could look into potentially halting certain stocks from trading if there’s an increased social media chatter.Nasdaq To Halt Stock Trading On Certain Occasions?CryptoPotato reported earlier that retail investors participating in a Reddit group with over two million subscribers worked against Wall Street...

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Coinbase Faciliated MicroStrategy’s $425M Bitcoin Purchase Without Moving The Market

The leading US-based cryptocurrency exchange Coinbase assisted in MicroStrategy’s massive purchase of $425 million worth of BTC. The platform pledged to help other large firms diversify their portfolios with bitcoin in the future as well.Coinbase Involved In MicroStrategy’s BTC PurchaseThe NASDAQ-listed business intelligence firm made the news on two occasions earlier this year as it announced the total purchase of 38,250 bitcoins. At the time, this sizeable amount equaled about $425...

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After Buying 38,250 Bitcoins, MicroStrategy Has Become A Full Node On The BTC Network

After purchasing a sizeable amount of bitcoins for himself and his company, Michael Saylor said that the firm he operates, MicroStrategy, has been running a full node of Bitcoin’s latest core version for over a month. MicroStrategy Runs A Full BTC Node Bitcoin nodes are an essential part of the Bitcoin blockchain peer-to-peer network. Running a full node means validating transactions and blocks. Almost all nodes also help the network by accepting transactions and blocks from...

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MicroStrategy CEO Michael Saylor HODLs $230M Worth Of Bitcoin Privately

Michael Saylor, the founder and CEO of the Nasdaq-listed company MicroStrategy, has revealed that he personally HODLs nearly 18,000 bitcoins. Additionally, he announced that his company has instituted a new Bitcoin-oriented treasury reserve policy and plans to make further BTC purchases. Michael Saylor Owns 17,732 Bitcoins The CEO of MicroStrategy has a somewhat compelling history with Bitcoin. As CryptoPotato reported recently, he said in 2013 that BTC’s days are “numbered.”...

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Q3 Ends with BitMEX Fiasco and KuCoin Hack, More to Come? The Crypto Weekly Market Update

To say that a lot has happened over the past seven days would be an understatement. Starting off with Bitcoin’s price, it’s currently trading at around $10,500, down $150 over the week.Everything was going relatively well for BTC. It peaked above $10,900, giving many people hopes that we will finally see a breach above $11,000 and a restart to the bull run. However, it was yesterday when things took a turn for the wors.As CryptoPotato reported, the US Commodity and Futures Trading Commission...

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First Ever Company With Crypto Exchange Listed on NASDAQ

Cryptocurrency financial services company Diginex Limited will be listed for trading on Nasdaq starting today. The statement outlined that the listing became possible after Diginex completed a “business combination transaction” with a special-purpose acquisition company (SPAC) dubbed 8i Enterprises Acquisition Corp. Diginex stock went live on Nasdaq Thursday morning under the ticker symbol “EQOS, which resembles the company’s trading platform – equos.io. Diginex warrants will trade under the...

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World’s First Bitcoin ETF Approved with Expected Launch in Bermuda by End of Year

The first-ever Bitcoin ETF will be launched on the Bermuda Stock Exchange (BSX) by Hashdex, a regulated Brazilian fund manager, and Nasdaq after garnering approval for the “Hashdex Nasdaq Crypto Index” four days ago.The news continues Bermuda’s legacy of being a crypto-friendly offshore international business and financial center.Three million Class E shares will be issued for trading and the exchange-traded fund is expected to go live by the end of 2020.Hashdex currently boasts $46.4 in...

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In 2013 MicroStrategy CEO Said Bitcoin’s Days are Numbered: Today His Company Owns $425 Million of BTC

In the past month, the NASDAQ-listed company MicroStrategy bought $425 million worth of Bitcoin. CEO Michael Saylor brought out BTC’s unique qualities to serve as a hedge as the primary reason.However, not too long ago, Saylor’s opinion differentiated substantially as he claimed that Bitcoin’s “days are numbered.”MicroStrategy’s CEO expressed his rather adverse verdict regarding BTC on Twitter in December 2013. When forecasting the asset’s upcoming demise, he argued that Bitcoin’s fate would...

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