United States cryptocurrency exchange Coinbase (COIN) has seen its shares dive 5% pre-trading after a calamitous advertising debut at the Super Bowl 2022. Data from Cointelegraph Markets Pro and TradingView showed COIN preparing to open at $194.53 before Monday’s Wall Street open. Snowden: Coinbase crash “so very internet” The Super Bowl 2022 was an event to remember for crypto investors, with several of the exchange industry’s biggest names airing full-scale ad pitches. For Coinbase, however, the publicity quickly turned sour as the platform’s website and app both crashed following promises…
Tag: Stock
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FTX US to Offer Stock Trading Soon
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…
Saham Holding Launches MetaTrader 5 Trading Platform on the Saudi Stock Exchange
Saham Holding, a financial technology and securities firm based in Saudi Arabia, has announced today that it has enhanced its overall trading experience with the launch of the MetaTrader 5 platform on the Saudi Stock Exchange. With the development, Saham has become the first firm to begin providing real Saudi market data through MetaTrader 5. Saham now distributes real-time and historical data for all Saudi financial instruments. The MetaTrader 5 platform is now available to all its traders through desktop and mobile applications. The firm stated it has built its…
GameStop stock up on rumors of Microsoft NFT game partnership
The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with Microsoft to work on NFT gaming. At the time of writing, GME sits at $115.60 as of market close on Feb. 8 and has also held around that level in after-hours trading according to data from TradingView. GME started February at around the $100 region and has been pumping this month on the back of GameStop’s partnership with NFT focused Layer-2 Ethereum scaling solution Immutable…
QR Assets launches DeFi ETF on Brazilian Stock Exchange
Brazilian crypto asset manager QR Assets has launched a decentralized finance exchange-traded funds, or DeFi ETF, on the Brazilian Stock Exchange. The DeFi ETF called QDFI11 would track the Bloomberg Defi index and make 100% of its investment in real DeFi assets. The DeFi index tracks Uniswap (UNI), Aaave Decentralized Lending Pools (AAVE), MakerDao (MKR), Compound (COMP), Yearn.finance (YFI), SushiSwap (SUSHI), 0X (ZRX), Synthetix (SNX) and Curve (CRV). The ETF would be offered through Gemini Fund Solution, a platform built specifically for Crypto ETFs. The ETF would act as a…
Bitcoin Hits Two-week High Imitating The Stock Rally
Cryptocurrencies are seeing a significant recovery as investors take advantage of the recent stock market rally and increased risk appetite. Bitcoin hits its highest in two weeks, extending gains from earlier this week that had seen it climb to $41,938 per coin on Saturday morning (Jan 24th). Related Reading | Bitcoin mimics stocks rally, hits two-week high Bitcoin, the largest digital currency globally, has hit $41,938. It is 16% high from Thursday’s low and 27% from the current year’s low of $32,950. Bitcoin price hits two weeks high of $41,938.…
VR Headset Maker HTC Safe From Meta’s Stock Wipeout
Taiwan-based virtual reality headset manufacturer HTC, considered to be a metaverse proxy stock because the company’s Vive headsets are an essential tool for VR-based vision, was seemingly spared by Meta’s recent stock decline. HTC Taipei-listed stock posted a 5% gain by mid-day Monday as the markets in Taipei re-opened after the Lunar New Year. Source
HUGE CARDANO & POLKADOT ADOPTION! CRYPTO NEWS & PREDICTIONS 2022
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