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Nasdaq Index Soars to New Heights: Can the Rally Continue?

Nasdaq Soars to New Heights: Can the Rally Continue?

The Nasdaq (INDEXNASDAQ: IXIC), an index that includes almost all stocks listed on the Nasdaq stock exchange, ended 2023 with a stellar 43% growth and has continued to push higher into the new year.  Nasdaq Index Reaches New ATH So far in 2024, the index has gained over 10% after closing February on a historical […]

Nasdaq’s financial crime report reveals $3 trillion illicit funds flow in 2023, omits any mention of crypto

Bitcoin

Nasdaq’s “Global Financial Crime Report” has shed light on the scale of illicit funds flowing through the global financial system, reaching a staggering $3 trillion in 2023. While addressing various aspects of financial crime, this comprehensive report notably omits any mention of cryptocurrencies, including Bitcoin and stablecoins, as conduits for these illicit funds. Nasdaq’s alarming […]

Navigating the Fallout – AI Frenzy Sends Tech Stocks on a Rollercoaster

AI Frenzy

In the fast-paced realm of technology, the dawn of 2024 is shrouded in uncertainty as the aftermath of the AI frenzy of the previous year unfolds. The selloff in technology stocks sends a clear signal that the speculative gains fueled by the allure of artificial intelligence might be facing a harsh reality check. The very […]

Wall Street Surges with Microsoft Leading the Rally

Microsoft

Wall Street experienced a significant uptick on Monday, showcasing the robust performance of major stock indexes. The Nasdaq Composite led the surge with a 1% rally, attributed largely to the robust gains in tech giant Microsoft. The S&P 500 and the Dow Jones Industrial Average followed suit, registering notable value increases. This upward trend marks […]

Ethereum’s BlackRock ETF plans have been confirmed in a Nasdaq filing

Ethereum

BlackRock recently registered its entity iShares Ethereum Trust as an exchange-traded funds registration, and Nasdaq reported this in a recent report filing. The backgrounds to this plan have been laid, and the news affected the cryptocurrency market as both major currencies rallied, and Ethereum (ETH) reached fresh highs above $2,000. This news comes as a […]

BlackRock’s Bitcoin ETF lands on Nasdaq! What to know

BlackRock insiders hint at Bitcoin ETF approval in 6 months

In the high-stakes world of crypto trading, BlackRock, the global investment powerhouse, just made a resounding splash. The firm’s iShares spot Bitcoin ETF, often mentioned in speculative whispers throughout the financial sector, has officially landed on the Depository Trust & Clearing Corporation (DTCC). This move strongly suggests the imminent approval by the US Securities and […]

Valkyrie resubmits spot Bitcoin ETF application with Coinbase surveillance-sharing agreement

bitcoin futures etf

Valkyrie Investments has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) in the United States, making a significant update by including a surveillance-sharing agreement with Coinbase. It is important to note that the sudden move comes as a response to the U.S. Securities and Exchange Commission’s (SEC) request for more clarity and comprehensiveness […]

Nasdaq’s phenomenal start to year surpasses all expectations

What is the Nasdaq

The year 2023 has seen Nasdaq Composite, the tech-laden market index, surge with unprecedented momentum. The first half of the year witnessed a robust gain of 32%, the most substantial six-month growth since the zenith of the dotcom bubble in 1999. Such stellar performance brings back memories of 1983, the year Nasdaq recorded its best […]

Nasdaq Surges in Best-Ever First Half, Fueled by Big Tech and AI Enthusiasm

nasdaq

The tech-heavy stock exchange Nasdaq has experienced a remarkable first half of the year, achieving a nearly 40% gain. The impressive rally was primarily driven by the performance of major technology companies and the growing excitement surrounding artificial intelligence (AI). The huge market cap tech race is gaining traction like never before with Apple hitting […]

Nasdaq plans to launch crypto custody services by the end of Q2

Nasdaq Plans to Launch Crypto Custody Services by End of Q2

Nasdaq plans to roll out its custody services for digital assets such as Bitcoin by the end of Q2 2023, further entrenching traditional financial firms in the crypto sector. The move comes after several major players were forced to collapse due to market downturns. Nasdaq to launch crypto custody services Nasdaq, a leading U.S. exchange […]

Coinbase’s stock increases after Fed hikes interest rate

ARK Invest makes massive $13.2 million bet on Coinbase, is this the sign of a crypto market comeback?

On Thursday, Coinbase (COIN) shares soared more than 20%, following the Federal Reserve’s recent rate hike and Fed Jerome Powell’s declaration of progress in fighting inflation. On Wednesday, Coinbase was granted a dismissal of the proposed class-action lawsuit by customers who accused them of selling unregistered securities. This resulted in their stock price surging more […]

Bitcoin mining company Riot removes “Blockchain” from its name

Bitcoin Mining company Riot removes Blockchain from its name

To showcase its broad range of operations, Riot Blockchain has rebranded itself as Riot Platforms. However, the CEO of Riot Platforms Jason Les, said: “Riot’s rebranding underpins the company’s growth strategy to continue expanding its increasingly diversified business operations and reflects a renewal of its corporate vision to become the world’s leading Bitcoin-driven infrastructure platform.” […]

Argo Blockchain temporarily halts trading on NASDAQ

Argo Blockchain temporarily halts trading on NASDAQ

Argo blockchain, a bitcoin mining firm, has suspended trading of its American depositary shares (ADS) on NASDAQ due to an upcoming Wednesday morning announcement and the closure of the London Stock Exchange for the day. The company anticipates that trading will resume following NASDAQ regulations upon their reopening. The company released its statement following a […]

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