Tags : stock

Bitcoin

A Bitcoin ETF is now trading on the Brazilian stock

Today saw the commencement of the trading activity for QR Capital Bitcoin exchange-traded fund (ETF) on the Brazilian Stock Exchange, reports showed. ETFs are regulated and publicly traded financial instruments that track the prices of an underlying asset or basket of assets. Such products pegged to Bitcoin have been introduced in several markets over the […]Read More

Bitcoin

MicroStrategy may sell $1 billion in stock to buy even

Business analytics firm MicroStrategy has filed to sell $1 billion worth of its stock for ‘general purposes,’ which may include buying more Bitcoin, a filing with the US Securities and Exchange Commission (SEC) showed. MicroStrategy to sell $1 billion worth of their companies shares to finance “the acquisition of bitcoin”. pic.twitter.com/0tsRprMnZO — Documenting Bitcoin 📄 […]Read More

Cryptocurrency

Dogecoin volumes in Korea exceeded those of its entire stock

South Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. Dogecoin up As per local news outlet Hankyung, the average daily trading volume on the Korea Composite Stock Price Index (KOSPI)—a representative index of Korean companies—was just $9 billion […]Read More

Bitcoin

HSBC reportedly bans customers from trading this Bitcoin-linked stock

UK-based Hongkong and Shanghai Banking Corporation (HSBC), one of the world’s biggest banks by assets under management, has reportedly banned customers from trading the stock of business analytics firm MicroStrategy due to its links to Bitcoin, as per a leaked email circulating on social media. HSBC FUD HSBC’s new “policies” on virtual currencies say that […]Read More

Regulation

Why did South Korea just say ‘no’ to a Bitcoin

Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week. But the […]Read More

Bitcoin

Bitcoin’s Correlation to the Stock Market Continues to Fall: A

As decentralized digital assets, Bitcoin and the crypto market at large has often been regarded as an isolated bubble or safe haven from the traditional stock market. But as an asset class, cryptos have always been fundamentally tied to equities, closely tracing price levels of major indices. This was clearly displayed in the global stock […]Read More

Market

Canadian Firm Files for Bitcoin ETF on Toronto Stock Exchange

A preliminary prospectus for a new bitcoin exchange-traded fund (ETF) has been filed with Canada’s securities regulators. Investment firm Accelerate Financial Technologies announced Wednesday it is seeking approval to list the Accelerate Bitcoin ETF on the Toronto Stock Exchange (TSX) under the ticker “ABTC.” The ETF would offer units denominated in both the U.S. dollar and […]Read More

Market

A GameStop-Like Mania Is Unlikely in China’s Stock Market

Could GameStop-style short-selling speculation show up in China’s stock market?  Last week’s market frenzy in the U.S. may have inspired China’s crypto community to make more bets on dogecoin (DOGE) and bitcoin (BTC), but even the boldest traders are unlikely to try stirring up that kind of short-selling speculation in Chinese stocks. “The Chinese financial […]Read More

Market

Exchange Tokens Hit New All-time Highs as Stock Traders Rush

Some retail equities traders, frustrated with recent restrictions on stock buying on trading platforms including Robinhood, are turning their attention to centralized and decentralized cryptocurrency exchanges (CEX and DEX, respectively), according to new data. That’s helping to drive several of these exchanges’ tokens to new highs. Last week GameStop (GME) and and other stocks involved […]Read More