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Nasdaq
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
Bitcoin Rewards App Fold Eyes Nasdaq Listing Via $365M SPAC Deal
The post-transaction entity will also have more than 1,000 BTC ($67 million) on its balance sheet
Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside
A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.
Why Bitcoin Is Not Keeping Pace With Nasdaq
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.
Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources
After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said.
Japanese Crypto Exchange Coincheck Sees Nasdaq Listing Completion in Second, Third Quarters
Coincheck said the timing is subject to approval by Thunder Bridger IV's stockholders, the SEC and Nasdaq.
Bitcoin Moves in Tandem With Nvidia
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."
This Bitcoin Rally Seems Different in Several Ways, But One Thing Stays the Same
As in previous bull runs, bitcoin's latest surge coincides with a burst of tech optimism on Wall Street. So traders might want to keep a close eye on a potential decline in the Nasdaq-to-S&P 500 ratio.
Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing
GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker.
Bitcoin ETFs: What to Expect on Day One
A decade after they were first proposed, spot bitcoin ETFs are finally launching in the U.S. Here's what's next.
