Cryptocurrency Analysis and News Portal
Bitcoin Depot, the world's largest operator of crypto ATMs, plans to go public with a listing on Nasdaq by merging with special purpose acquisition company (SPAC) GSR II Meteora at an estimated value of $885 million, according to a statement shared with CryptoX. Source
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"Pursuing both a NASDAQ listing and registration of the Shares in the United States enables the Company to accelerate its previously announced international expansion strategy to enhance shareholder value, while attracting institutional and retail investors globally," WonderFi said. Original Source
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Galaxy Digital Holdings and the company’s CEO and founder Mike Novogratz announced the company has “exercised its right to terminate” a previously announced acquisition of Bitgo. According to Galaxy the termination of the deal was due to Bitgo’s “failure to deliver” audited financial statements for 2021. Galaxy Ends Deal With the
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Goldenstone Acquisition Ltd, a special-purpose acquisition firm (SPAC), has announced plans to go public with blockchain-based payments firm Roxe Holding Inc.As per the Wednesday announcement, the SPAC has agreed to a $3.6 billion merger with the global blockchain payments firm, which will see Roxe listed on the Nasdaq under the
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Chinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions.According to information obtained by the Renaissance Capital IPO monitoring tool, the Huangzhou-based crypto mining chip maker has filed with the U.S. regulator
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Today a better analogy is the elite members of the Nasdaq. At over $20 trillion of total market capitalization, this index (and its primary constituents) were the primary creator of wealth for stock investors in the decade that ended last year. The top seven companies in the index – Apple
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Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEquities give crypto no respiteData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it revisited its lowest levels of the past seven days.At the time of writing,
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ViaBTC’s strategic partner SAI.TECH Global Corporation (“SAI.TECH” or “SAI”), a clean-energy-driven Bitcoin mining operator with leading energy-saving solutions to the computing, power, and heating industry, officially listed on Nasdaq on May 2, 2022 (EST). The Class A ordinary shares and warrants of SAI commenced trading on the Nasdaq Stock Market
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“Bitcoin has really bound itself to the Nasdaq in terms of correlation, and if the Fed keeps hiking rates and if the market believes [it is] going to hike rates, recession or not, Nasdaq suffers in the short term,” said Bob Iaccino, chief strategist at Path Trading Partners and co-portfolio
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Bitcoin (BTC) and its stock market correlation are under fresh scrutiny amid a warning that the Dotcom Bubble is repeating itself in 2022.In a tweet on April 22, popular trader Peter Brandt highlighted similarities between the Nasdaq 100 (NDX) now and twenty years ago."Deja vu all over again"Bitcoin has shown
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