Tag Archives: NYSE

On Wednesday most cryptocurrencies were trading in red again including Bitcoin (BTC) that, in the last 24 hours couldn’t turn its trace. Bitcoin closed on Tuesday the day at the $7,198 price mark, at which point the world’s largest crypto coin found an intra-day high on Wednesday of $7,227, before moving down again towards its current trading price near $6,945 still falling by 3.51 at 11:53 am CET. Among the possible influencing factors we should mention the recent Upbit hacker attack.BTC is...

Shares of Chinese e-commerce giant Alibaba saw a great launch in Hong Kong on Tuesday, after pricing its shares at 176 Hong Kong dollars (approx. $22.5) apiece. This is the biggest listing this year so far, larger than the approximately $8 billion raised by Uber in May. This also came as an excellent boost for the Hong Kong market which had problems since the pro-democracy protests escalated in recent weeks. Alibaba trades under the stock code 9988 in Hong Kong. Nine and eight are considered...

Chinese e-commerce giant Alibaba is making swift moves to list its shares on the Hong Kong Stock Exchange. However, amidst high demand, Alibaba has planned to close its books early for institutional investors, reports CNBC.As per the report, the e-commerce giant plans to close its books by 12 PM ET on Tuesday, November 19. The sources familiar with the matter said that the book’s closure will happen half-day before the earlier schedule. This is clearly indicative of the fact that investors...

Silvergate Bank, a crypto-forward bank, has officially gone public on the New York Stock Exchange (NYSE). The initial public offering (IPO) has been a long time coming as plans to launch officially began last year.On Nov. 7, the NYSE’s official Twitter account posted a tweet confirming the IPO celebration as well as Silvergate’s ticker – NYSE: $SI.NYSE Opening Bell ?: Silvergate (NYSE: $SI) celebrates their IPO day https://t.co/FX3OQcP0dU— NYSE ? We Are Living Tech (@NYSE) November 7, 2019A...

Crypto-friendly bank Silvergate starts trading on NYSE after IPO approval. SI cites a 6% increase on the initial offering price of $12. SEN network continues to grow. Silvergate Capital (NYSE: SI), a cryptocurrency-focused commercial bank, made its official listing on the New York Stock Exchange on Nov 7, commanding a 6% increase on the day. But how is it doing so far? The NYSE officially listed the crypto-minded bank under the ticker SI, on Thursday. This followed a formal declaration from...

To refresh our memory, Bakkt, which is backed by New York Stock Exchange (NYSE) and the Intercontinental Exchange (ICE), recently in late September launched its long-awaited Bitcoin Futures platform, where investors and traders can physically exchange Bitcoin. Now, after the exchange has hit new record volumes, Bakkt announced that they will be offering Bitcoin options by December 9, 2019. “Options allow investors and traders to do different things, and will facilitate new and important...

Sir Richard Branson’s private space tourism company Virgin Galactic Inc. started its trading on the New York Stock Exchange (NYSE) via a direct listing at $12.10 on Monday under the ticker “SPCE”.The move comes after the Galactic merged with Chamath Palihapitiya’s venture Social Capital Hedosophia that gave the new company a combined valuation of $1.5 billion. Branson kept a 51% stake in the business.CEO George Whitesides said:“Virgin Galactic is making history again today as it becomes the...

Photo: ShutterstockThe role of a digital asset trading platform has advanced well beyond a forum to arrange trades between buyers and sellers.This expanded role carries with it an evolving set of expectations from speculative traders and investors. It becomes imperative for them to understand the multi-faceted role of a trading platform, and different aspects of cooperation between digital asset projects, the platform, and supporting agencies referred to as Liquidity Specialists or...

The race for the space business is getting intense as big organizations are spending billions of dollars in creating the infrastructure for space tourism. While we have frequently heard Elon Musk’s SpaceX or Jess Bezos’ Blue Origin working on the plan, Richard Branson’s space tourism venture Virgin Galactic has pulled the rabbit out of the hat.Virgin Galactic is all set to become the first company in the space tourism to go public. During a recent interview with the CNBC, we heard this...

Only a few days remain before the launch of the long-awaited and much anticipated Bakkt trading platform, which will bring large institutional investors to the Bitcoin market. It may sound unfeasible, but Bitcoin price is expected to reach $100,000 in the coming years, and much of the next bull run will be driven by Bakkt.What is Bakkt?The Bakkt cryptocurrency platform was created by ICE, a transcontinental operator of the largest futures exchanges and clearing houses for financial and...