Bitcoin price reversed course at the $71,000 level as professional traders' confidence began to waver.
Stocks News
In the realm of finance, stocks represent ownership shares in a company and provide investors with a stake in its assets and earnings. Publicly traded stocks are bought and sold on stock exchanges, reflecting the company’s performance and investor confidence.
The concept of stocks in the cryptocurrency world translates into different tokens or digital assets that stand in for ownership in blockchain-based platforms or projects. These cryptocurrency tokens, which are frequently a part of decentralized finance projects, give their owners dividends or the ability to vote on the project’s outcome.
Additionally, initial public offerings have found their counterparts in the crypto world through initial coin offerings (ICOs) and security token offerings (STOs). ICOs allow crypto startups to raise funds by offering their native tokens to investors. Similarly, STOs issue security tokens, representing ownership in the company and adhering to regulatory guidelines. A notable example is Coinbase, a prominent cryptocurrency exchange that went public through a direct listing, allowing traditional investors to participate in the crypto market indirectly.
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21Shares’ Toncoin staking ETP, one of the first TON ETPs in the world, is debuting trading on the SIX Exchange under the ticker symbol TONN.
5155Nilam Resources’ shares gained a blistering 1,700% after announcing it would buy 24,800 Bitcoin. Some say it’s a “marketing stunt” from a dying penny stock.
5214ARK Invest started dumping large amounts of Robinhood stock for the first time after aggressively buying HOOD shares last year.
3264Bitcoin price hits $70,000 as GBTC outflows taper and the other spot BTC ETFs heat up again.
3173Current investors such as Google and Amazon are not considering purchasing the stake, according to the report.
4860Bitcoin volatilty could continue to create price whipsaws as BTC futures open interest reaches $36 billion.
16501The crypto market is up today as institutional inflows, total open interest and the Bitcoin market cap all target new highs.
1819The entire crypto market tumbled today as Bitcoin price dropped below $63,000 and large-cap altcoins sold off.
10852Ether futures and options reflect pro traders' confidence in the bull run.
16245The Indian stock market has been operating on a T+1 settlement cycle since 2021, which implies that all stock trades are settled the following day.
2475While Bernstein sees a $150,000 Bitcoin price target, other analysts warn of a potential correction.
23976Coinbase’s offering will better position the firm to pay off three existing debts due in 2026, 2028 and 2031.
8884Ethereum network activity growth supports the momentum, but excessive leverage in ETH futures poses a risk.
10712COIN stock has rebounded to surpass the $250 mark for the first time in two years. Over the past 12 months, Coinbase shares have climbed more than 300%.
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