Nasdaq

Options trading on BlackRock’s spot bitcoin ETF are now live on the Nasdaq. Could this draw more trading volume and lead bitcoin to greater highs? CoinDesk's Christine Lee discusses what this could mean for bitcoin's price on the "Chart of the Day."

Nov 19, 2024

The tech-heavy Nasdaq Composite Index reached its all-time high this week but bitcoin has seen declines of more than 3% in the past 7 days, deviating from its usually positive correlation with the Nasdaq. CoinDesk's Michele Musso presents "The Chart of the Day" and explains why crypto-specific factors like profit-taking by holders and increased selling by miners seem to be holding back the BTC price.

Jun 14, 2024

Data from charting platform TradingView shows that the 90-day and 52-week correlation coefficient between bitcoin and Nasdaq-listed chip maker Nvidia has risen above 0.80. The positive correlation is noteworthy as several analysts believe the surge in NVDA represents an AI bubble that could soon burst. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 15, 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines shaping the industry today, including what MicroStrategy's Executive Chairman Michael Saylor thinks about the highly-anticipated spot bitcoin ETFs. Representatives from BlackRock, Nasdaq, and the SEC met for the second time. And, a slurry of catalysts could catapult bitcoin to $160,000 next year.

Dec 22, 2023

On Thursday, a Nasdaq filing confirmed BlackRock's plan to file for an ETH-based exchange-traded fund (ETF). The news sent the price of ETH above $2,000 to a seven-month high. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Nov 10, 2023

Bitcoin (BTC) briefly topped $35,000 Wednesday for the second time this week, as U.S. GDP increased at an annual rate of 4.9% in the third quarter. Forex.com global head of research Matt Weller shares his crypto markets analysis, breaking down the implications of bitcoin's supply and its correlation with the Nasdaq 100. Plus, his outlook for a spot bitcoin ETF approval.

Oct 26, 2023

Howard Fischer, Moses Singer partner and former SEC senior trial counsel, weighs in on Nasdaq dropping its plans for a crypto custody service. Fischer notes the stock market operator may have considered the potential concerns over its reputation when analyzing how certain players are operating within the digital asset industry, citing the blowup of crypto exchange FTX.

Jul 20, 2023

Nasdaq CEO Adena Friedman said in an earnings call on Wednesday that the firm is dropping its plans for a crypto custody service due to a "shifting" regulatory climate in U.S. Moses Singer partner and former SEC senior trial counsel Howard Fischer joins "First Mover" to discuss the stock market operator's decision and his reaction to SEC Chair Gensler's recent testimony before lawmakers.

Jul 20, 2023

“CoinDesk Daily” host Jennifer Sanasie breaks down today’s hottest headlines in crypto, as the Nasdaq halts its plans for a crypto custody service. Presidential hopeful Robert F. Kennedy Jr. wants to exempt bitcoin (BTC) from capital gains taxes when it is converted into U.S. dollars. And, Tesla CEO Elon Musk tweets about his fondness for a popular dog-themed cryptocurrency.

Jul 19, 2023

Nasdaq CEO Adena Friedman said in an earnings call on Wednesday that the firm is dropping its plans for a crypto custody service, which was slated to go live in the second quarter of this year. "The Hash" panel discusses the stock market operator's decision amid Friedman called a "shifting business and regulatory environment" in the U.S.

Jul 19, 2023