The Nasdaq China Golden Dragon index fell to an intraday low and is down more than 3.5%.
U.S. stocks opened with the Dow down 0.06 percent, the S & P 500 down 0.19 percent and the Nasdaq down 0.26 percent. The Gap (GAP. N) fell 18 percent as companies warned that Trump's trade measures would erode their annual operating profits. The Nasdaq China Golden Dragon index fell 1.93 percent. Technology stocks were broadly lower, with Alibaba (BABA. N) down 2 percent and Tesla (TSLA. O) down 0.39 percent.
According to Decrypt, Nasdaq-listed medical technology company Semler Scientific recently announced the purchase of $50 million worth of bitcoin again, bringing its bitcoin holdings to 4,264, which is worth about $466 million at current prices. Meanwhile, U.S. law firm Bragar Eagel & Squire is investigating whether the company violated federal securities laws or engaged in other illegal business conduct and is calling on shareholders who have suffered losses to contact its lawyers.
The Securities Exchange Commission (SEC) is reviewing Nasdaq PHLX's proposal to list and trade options on the Nasdaq Bitcoin index.
According to a Securities Exchange Commission (SEC) filing, the Nasdaq exchange filed a rule change application with the SEC to allow the iShares Ethereum Trust to make physical redemptions. The specific changes include: adding Anchorage Digital Bank as another Ethereum custodian; allowing authorized participants to make share redemptions through physical Ethereum as an alternative to the existing cash redemption process; and changing the name of the fund to iShares Ethereum Trust ETF.
Wen Acquisition Corp announced that it has completed the initial public offering (IPO) of its 30,015,000 shares, raising about $300 million, and the company's shares are now trading on the Nasdaq Global Stock Market under the ticker symbol "WENNU". Wen Acquisition Corp said its focus will be on mergers, acquisitions, share exchanges, and asset acquisitions of fintech companies, integrating blockchain networks into traditional financial systems to empower digital assets such as stablecoins.
On May 13, 2025, Canaan Technology received a written notice from the Nasdaq Stock Market stating that the Company is not in compliance with Nasdaq Listing Rule 5550 (a) (2) because the closing price of its American Depositary Shares has been below $1.00 per share for the past 30 consecutive business days. According to Nasdaq Listing Rule 5810 (c) (3) (A), Canaan Technology is allowed to re-comply with the minimum purchase price requirement, i.e. the...
Galaxy Digital announced on social media that it has officially listed on Nasdaq under the ticker symbol GLXY.
"Hyperliquid is a decentralized NASDAQ with transparent profits that is attractive to traditional equity investors," Mike Novogratz, founder and chief executive of Galaxy Digital, told CNBC.
Whiskey maker Heritage Distilling (NASDAQ: CASK) has announced that it will implement a cryptocurrency financial strategy, accepting Bitcoin and Dogecoin as payment methods and holding them as strategic assets. The initiative is led by the board's Technology and Cryptocurrency Committee and chaired by Matt Swann.
Shares of trading platform eToro, which listed on Nasdaq on Wednesday, rose 29 percent after the company's expanded initial public offering priced at $52 a share. The company, which trades cryptocurrencies and stocks under the ticker ETOR, closed at $67, according to Yahoo Finance. The offering includes about 11.90 million Class A common shares, about half of which will be sold by the company and the rest by existing shareholders, eToro said on Tuesday.
US 10-year Treasury yields climbed to a one-month high as stock futures rose, with Nasdaq 100 futures up 3.5 per cent, Dow futures up 2.2 per cent and S & P 500 futures up nearly 3 per cent.
DeFi Technologies, the parent company of digital asset exchange-traded product issuer Valour, has announced that it has filed a Form 40-F registration statement with the Securities Exchange Commission and is therefore approved to list on Nasdaq, which is expected to begin trading on Nasdaq on May 12, 2025 under the ticker symbol "DEFT". After Nasdaq begins trading, the company's common stock will stop being quoted on the over-the-counter market, but will continue to be traded on the Chicago Boar...
The Nasdaq China Golden Dragon index rose short-term, expanding its gain to 1.4%.