NASDAQ Financial News

The investor behind a top 10 global ETF sees a bearish trend in the Big Tech rally.

Bitcoin, the leading cryptocurrency, has experienced a significant decline of 10% in its price. 

The 2023 market rebound is enabling some crypto companies to explore an option that appeared off the table just six months ago: trying to go public.

Warren Buffett moving into cash suggests that he's bracing for a possible collapse in risk-on asset prices. With Bitcoin (BTC) up 70% year-to-date and correlated with equities, should BTC investors also prepare for a potential stock market crash? 

The U.K. may be a great place to build a tech company — but when it comes to taking the crucial step of floating your business, the picture isn't so rosy.

A Coinbase shareholder has filed a stockholder derivative complaint against some of the company’s executives and board members, claiming they profited from inside information during the company’s public listing. CEO Brian Armstrong and well-known venture capitalists are among the defendants.

The cryptocurrency market has been factoring in the recently released US CPI figures, which have underperformed expectations. Many speculate on how this crucial economic indicator will impact Bitcoin's price trajectory.

The US Government is putting the squeeze on crypto. Recently they shut down two banks that were friendly to crypto and acting as bridges between trading exchanges and the real world. These were Silvergate and Signature Bank of NY. These closures follow some events that might appear coordinated to some people. This includes the shuttering of the Paxos BUSD stablecoin and the NY lawsuit against Kucoin and Ethereum.

Mumbai: Indian crypto investors, who suffered significant losses throughout 2022, are now experiencing some relief thanks to the price appreciation of major cryptocurrencies in the first quarter of 2023. Bitcoin's year-to-date gains in the January-April 4 period were 68.56%,at 5pm on Tuesday on Coinmarketcap. After commencing the year at around $16,000, it is currently trading at $28,280, marking its best quarterly performance in two years. Ethereum, the second-largest token, rose 49.55 % to $1,861.93. Experts said that cryptocurrencies gained momentum on the back of anticipated monetary policy relaxation and banking disruptions that showcased the tokens' utility. According to CoinMarketCap.com, the collective market worth of all cryptocurrencies surged by 49% in the first quarter to reach $1.18 trillion.

Historically, the aftermath of every Bitcoin [BTC] halving lays the grounds for the resurgence of a bull cycle. The last time such a thing occurred, the king coin rose up and hit an ATH of 69,000. However, BTC’s trend, displayed in the first few months of 2023, seems to have detached from the usual preceding halving performance. 

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Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

The recent surge in Bitcoin’s [BTC] value has been a boon for miners as they did not have to worry about selling their holdings. Nevertheless, the press time situation of several leading mining companies suggested that this favorable situation for miners might not last much longer.

The global securities marketplace known as Nasdaq is planning to join the cryptocurrency business by the end of the second quarter of 2022 when it will provide its custody services for digital assets. Ira Auerbach, Senior Vice President of the exchange operator, is in charge of the digital assets division, which has submitted an application to the New York Department of Financial Services for a limited-purpose trust company charter. This charter would allow the department to monitor the new business.

New York’s Nasdaq Stock Exchange is planning to launch a crypto custody service by the end of the second quarter, Bloomberg reported on 24 March.

Nasdaq aims to launch its much-anticipated crypto custody service by the end of the second quarter to meet the increasing institutional interest and demand for crypto services. 

Nasdaq Inc. (NDAQ) is getting close to launching its crypto custody business in the second quarter of the year, Bloomberg reported Friday.

Global securities marketplace Nasdaq Inc. is gearing up to launch its custody services for digital assets by the end of the second quarter of this year, according to Bloomberg.

The fall of SVB has brought a shockwave to many investors in the crypto community. While major firms and large stablecoin issuers faced the heat, the DEX sector of the crypto space, managed to see growth.

Investors dumped shares of SVB Financial Group and a swath of US banks after the tech-focused lender said it lost nearly $2bn selling assets following a larger-than-expected decline in deposits.

Investors dumped shares of SVB Financial Group and a swath of US banks after the tech-focused lender said it lost nearly $2bn selling assets following a larger-than-expected decline in deposits.