The stock was down by as much as 6.5%, even as the overall cryptocurrency market reached new all-time highs.
The National Association of Securities Dealers Automated Quotation is the full name of the Nasdaq exchange, one of the largest electronic platforms in the world. Founded in 1971, it is headquartered in New York. The main area of the exchange concerns stocks of high-technology companies which specialize in creating software, electronics, devices, etc. The company’s activity is regulated by the American Security and Exchange Commission (SEC).
The latest Nasdaq cryptocurrency news is all about the availability of cryptocurrency trading. According to the platform’s administration, the cryptocurrency market needs to be better managed in order to secure future investors. Nevertheless, the company has negotiated a partnership agreement with a cryptocurrency exchange which is now planning how to use technologies to prevent any suspicious market manipulations.
Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated to be around $40 million.9458
Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt.7217
Coinbase’s largest investors — Andreessen Horowitz, Union Square, Ribbit Capital — have already roped in multi-billion-dollar profits.43090
Equity options for COIN stock are coming to Nasdaq today.11971
Will competing companies come out of the woodwork?28257
Three exchange-traded funds offered by Cathie Wood’s Ark Invest added a total of 341,186 shares in Coinbase, worth a combined $110 million, on Thursday.14063
From price volatility to becoming the most valuable U.S. exchange, here is how well Coinbase’s first day of trading tracks with other companies.9770
Prominent angel investor Garry Tan invested $300,000 in Coinbase in 2013 and with today's COIN listing it's now worth $2.4 billion.37280
A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin.25069
COIN stock has surged after debuting on the Nasdaq exchange Wednesday.13897
Early price action from the Coinbase stock listing on the Nasdaq reveals volatile reaction from traders.20179
Major exchanges are elbowing for exposure to Coinbase’s listing.15143
Coinbase’s reference price of $250, received ahead of the Nasdaq direct listing, values a “thank you” gift to all 1,700 full-time employees at $25,000.30494
Analysts say the impact of Coinbase listing on the Nasdaq will be overwhelmingly positive, as it is the bridge legacy investors will use to tap into crypto.26750