NASDAQ Financial News

Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq.

Nasdaq president Adena Friedman says digital assets still represent an attractive opportunity for the exchange despite concerns hanging over the space after the collapse of FTX.

The Bitcoin (BTC) price rebound to a multi-month high has rubbed onto the mining stocks as well. Many of these crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also came as a relief for the troubled miners who had to sell a significant chunk of their mined coins to boost liquidity last year.

The bitcoin price has risen by 4% in the past 24 hours, almost hitting $19,000 after the publication of positive US inflation figures yesterday. Its current price marks a 12% gain in a week and a 6% rise in the last 30 days, as signs of an improving global economy raises hopes that 2023 will correct 2022's bear market.

Gold and stocks have underperformed in 2022, but the year has been difficult for Bitcoin (BTC) investors, in particular.

Bitcoin miners enjoyed a bumper 2021 amid a historic bull market but with crypto suffering one of its worst-ever corrections this year, some publicly-listed miners are on the verge of being wiped out, according to hedge funds.

Major cryptocurrency investment firm CoinShares has debuted trading on Nasdaq Stockholm, the primary securities exchange of the Nordic countries.

The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter.

Bitcoin (BTC) held gains above $21,000 into Nov. 5 as the U.S. dollar posted a rare major daily decline.

Amid a crypto market downturn, major exchange Coinbase has reported disappointing results for the third quarter of this year. Between July and September 2022, the business reported a net loss of some $545 million. The latest announcement has caused the exchange’s stock price to plummet. 

Japanese cryptocurrency exchange Coincheck has confirmed plans to pursue a public stock offering in the United States through Nasdaq — a move that would give the company access to the country's lucrative capital markets. 

Michael Sincere is the author of Understanding Stocks. His latest book, How to Profit in the Stock Market, explores bull and bear market investing strategies

In this article

Bitcoin (BTC) headed toward $20,000 as United States equities gained at the Oct. 17 Wall Street open.

Crypto miner Digihost is under scrutiny and has been threatened with getting delisted by Nasdaq for trading below $1 for 30 consecutive days.

Middle East's first physically-backed bitcoin ETP by 21Shares AG

Nasdaq, the American stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president.

Nasdaq plans to wait for further clarity in terms of crypto adoption globally, the company's executive vice president and head of North American markets said.

Nasdaq Inc is placing a big bet on the cryptocurrency market, with the launch of a digital assets business that is aimed at tapping institutional investors. The new unit, Nasdaq Digital Assets, will offer custody services for cryptocurrencies, including bitcoin and ethereum, potentially pitting it against firms such as Coinbase, Fidelity Digital Assets and Winkelvoss twin-owned Gemini that offer similar products. Nasdaq has hired Ira Auerbach, a Gemini executive, to lead the new unit. The stock exchange has also expanded its anti-financial crime technology to detect and curb money laundering, fraud and market abuse risks, it said in a statement on Tuesday, as the market is constantly on the regulator's radar. The crypto market is reeling from a major rout, forcing some of its biggest players to lay off thousands of employees in a bid to cut costs. Bitcoin has crashed nearly 60% this year, driving companies such as Celsius Network and Voyager

If you’ve spent any time reading about blockchain and Web3, you know that this industry is filled with big buzzwords and half-baked concepts. But, concepts such as decentralized identity services, or DIDs, bring real meaning and utility to Web3. If you haven’t yet wrapped your mind around DID, it refers to a self-owned, independent identity that enables trusted data exchange. In other words, it puts digital identity management and administration directly in your hands instead of some third party’s. 

Nasdaq has launched a new dedicated digital assets unit to cater to institutional investors. The move by the second-largest stock exchange by market capitalization globally could mark a ballistic price recovery point for the struggling cryptocurrency market.