According to the documents, X sent out a request to financial data providers in recent weeks asking for proposals on financial content and real-time stock data, among others, Semafor said, adding that It wasn’t clear if any firms had submitted proposals due last week. Source
Israel is set to introduce more regulated cryptocurrency opportunities, with the country’s only public stock exchange preparing to offer new crypto services. Tel Aviv Stock Exchange (TASE) has signed an agreement with the digital asset platform Fireblocks to jointly offer a range of new digital asset products and services. Announcing the news on Aug. 1, TASE noted that the new partnership will enable the stock exchange to provide institutional-grade digital asset solutions for regulated entities. The collaboration is designed to combine TASE’s experience and presence in the Israeli market with…
United States-based software development company MicroStrategy is planning to raise up to $750 million via a stock sale and says it may use the proceeds to buy more Bitcoin (BTC). In a filing to the Securities and Exchange Commission on Aug. 1, MicroStrategy announced it has entered into a sales agreement with three companies — Cowen and Company Canaccord Genuity and Berenberg Capital — relating to the sale of its class A common stock. MicroStrategy said the proceeds of the proposed sale could be used for a variety of general…
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Shares in PacWest bank flash crashed by 27% on July 25 only to quickly recover in after-hours trading on the news it had merged with the Banc of California. PacWest Bancorp stock slumped from $10.33 to $7.50 in late trading on July 25, sparking concern among the finance and crypto community, with some asking if “the next banking collapse” was starting. Share prices recovered in after-hours trading on July 25 and were priced at $10.10 at the time of writing, according to Google Finance. $44 billion bank PacWest Bancorp $PACW…
“We view the ruling as incrementally positive for Coinbase, given the interpretation that in some cases a token may not be a security,” the bank’s analysts wrote, keeping COIN’s rating at underweight with a $70 price target. “This may also provide incremental clarity for future token issuances.” Source
Australian-based crypto investment firm Monochrome Asset Management has updated its application to offer a spot Bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) through its partner Vasco Trustees. The ETF — Monochrome Bitcoin ETF (IBTC) will be able to offer retail Australian investors direct exposure to Bitcoin (BTC) and Ethereum (ETH), according to the firm’s July 14 announcement. Australia joins the #Bitcoin race.#spot #bitcoinetf @MonochromeAsset https://t.co/hqXb9RY5HL pic.twitter.com/KEEXHQ9Eo6 — Jeff (@jeffyew_) July 13, 2023 Speaking to Cointelegraph, Monochrome CEO Jeff Yew explained that by obtaining a license, Australian…
COIN-listed options saw open interest climb 14.6% to 953,393 contracts on Tuesday, data shows, a level much higher than the 52-week average of 812,568 contracts. In addition, the put-call ratio decreased by 6.1% to 1.2 in the last five days, suggesting a bullish outlook for COIN among traders. Source BullishCoinKeyMediumTermMetricsoutlookStockTrader CryptoX Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase’s shares experienced a significant uptick of 16% on Tuesday before closing 9.87% higher, following the announcement of a key surveillance-sharing agreement with Cboe’s BZX Exchange, marking a pivotal development in the management of its spot bitcoin ETF applications. On Tuesday, July 11, a notable surge was recorded in Coinbase‘s shares (COIN), which rocketed as much as 16% to reach a peak of $92.15. This surge in the company’s stock price is primarily attributed to a…
The share price of software firm Microstrategy increased by 7% following a recent projection by Berenberg. The investment bank believes that next year’s Bitcoin halving could trigger a rally in Microstategy’s stock (MSTR). Berenburg’s current MSTR price target is $430, which would be an 18-month high. Hamburg-based Berenberg Capital Markets recently circulated a research note which presented the upcoming Bitcoin halving as a potential trigger event for the share price of the United States-based software firm Microstrategy. Berenberg believes that the fourth Bitcoin halving could lead to a considerable rally…