Nasdaq receives SEC approval for AI-based trade orders

Nasdaq announced that the United States Securities and Exchange Commission (SEC) has approved its request to operate the first exchange AI-driven order type on Sep. 8.Called the dynamic midpoint extended life order (M-ELO), the new system expands on the M-ELO automated order type by making ...

Nasdaq halts launch of cryptocurrency custody service

Global securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody that it previously planned to roll out by the end of the second quarter of 2023.It suspended the launch because of regulatory risks in the United States, CEO Adena Friedman announced during the fir ...

Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements

Exchange operator Cboe Global Markets has amended five spot Bitcoin (BTC) Exchange-Traded Fund (ETF) applications to include a surveillance-sharing agreement (SSA) with Coinbase.On July 11, Cboe amended filings with the United States Securities and Exchange Commission (SEC) for the ETFs fr ...

Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3

Bitcoin Depot, one of the largest cryptocurrency ATM firms in the United States, has announced the closing of a merger deal allowing the company to go public.In a June 30 announcement, fintech firm GSR II Meteora Acquisition Corporation said its stockholders had approved the merger for the ...

US Treasury yields are rising — What does it mean for Bitcoin price?

United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative, so every loan, mortgage and even cryptocurrency derivatives depend on the cost of capital attrib ...

Why is the crypto market up today?

The crypto market is up today, continuing gains from the Friday due to a mix of technical and fundamental factors.Oversold bounce across top crypto market assetsOn June 17, the crypto market's capitalization grew by over 2% to $1.05 trillion, up nearly 7.5% from the  $975.25 billion l ...

Lawsuit Filed Against Coinbase for Insider Trading Allegations

A U.S. court has filed a lawsuit against cryptocurrency exchange Coinbase alleging management insider trading in shares that helped the exchange avoid huge losses after reporting financial results. Investor Adam Grabski, on whose behalf the lawsuit has been filed in U.S. fe ...

Five mining companies with great potential for foreign investment

Earnings on the extraction of cryptocurrency - a thing quite popular. But if there is no money for a normal farm, then you can use an alternative option - invest in mining companies. They are now often interested in foreign investors. ...

Nasdaq to Launch Cryptocurrency Storage Services in 2023

Nasdaq's announcement to launch cryptocurrency storage services is a significant move in the crypto industry. By offering digital asset custody services, Nasdaq is expanding its services beyond traditional stock trading, and tapping into the growing demand for secure storage solutions for digital ...