Cathie Wood is taking profits from ARK Invest’s Coinbase holdings by selling a small portion of its stash.
BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level
An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address.
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
The refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals “inadequate” since they didn’t specify the name of the underlying market in so-called surveillance-sharing agreements.
Crypto ATM Operator Bitcoin Depot Debuts on Nasdaq Following SPAC Merger
The company plans to look for acquisition opportunities in the “highly fragmented” market, CEO Brandon Mintz said.
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock.
Coinbase Will Be Fidelity’s Surveillance Partner for Bitcoin ETF, Refiled Application Says
Cboe’s BZX Exchange named crypto exchange Coinbase as the market for its surveillance-sharing agreement when it refiled its bitcoin exchange-traded fund application on TKday.
Blockchain-Based Render Network’s Token Tracks Tech Stocks as Broader Crypto Market Decouples
RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted.
Crypto Exchange Coincheck’s Nasdaq Listing Could Be Delayed Again
A merger with Thunder Bridge Capital may not be completed by a July 2 deadline, potentially causing a further year’s delay.
Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research
The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.
Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq
Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021.
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
The “Oracle of Omaha” has increased Berkshire Hathaway’s cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets.
Coinbase officers, board members face suit over alleged insider trading during listing
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public, despite knowing they would lose value.
Advisors: Here’s What the Dot Com Bubble Can Teach Us About Crypto Investing
Investors in the crypto markets may be prone to irrational thinking when bullishness sets in, but advisors can offer a balanced and rational investment strategy that counters the hype.
Valuations and M&A Show Things Aren’t So Bad for Crypto
Two aspects of the crypto word, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing.
Bitcoin’s Tight Correlation With Tech Stocks Muddies Safe Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests bitcoin is still a risk asset.
First Mover Americas: Investors Dig Risk Again
The latest price moves in bitcoin (BTC) and crypto markets in context for March 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq
One observer said poor order book depth is primarily responsible for bitcoin’s rally, while others pointed to the cryptocurrency’s sound money appeal and Fed pivot speculation as bigger catalysts.
Nasdaq to launch crypto custody services by end of Q2: Report
The service will reportedly be the exchange operator’s first major venture into the crypto industry.
Nasdaq Aiming to Debut Crypto Custody Service by Q2 End: Bloomberg
Nasdaq announced its intentions last September as it looked to respond to the demand from institutional crypto investors.
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities.