All the ways the Coinbase stock listing may disrupt the crypto market

After an extended period of speculation as to when Coinbase would finally go live with its public stock listing, the United States-based cryptocurrency exchange released a blog post earlier this month stating that it had registered with the U.S. Securities and Exchange Commission to hold a direct listing on Nasdaq on April 14. In this regard, Coinbase’s Class A common stock is expected to trade on the Nasdaq Global Select Market under the ticker symbol “COIN.” The cryptocurrency exchange had previously set its eyes on a March listing, however, after…

German digital stock exchange will list physical Litecoin ETP

London-based ETC Group, the firm responsible for listing the first crypto exchange-traded product on Germany’s Xetra digital stock exchange, will offer a new listing for Litecoin. In an announcement today, the ETC Group said its physical Litecoin exchanged-traded crypto, under the ticker ELTC, will be launching on Deutsche Börse Xetra on April 14. According to the firm, the exchange-traded product, or ETP, will be the first Litecoin (LTC) product on the exchange following approval from Germany’s Federal Financial Supervisory Authority, or BaFin. “The current economic uncertainty has underlined the attraction…

New York Stock Exchange Launches First Trade NFTs

Key Takeaways The NYSE has created a series of six NFTs to commemorate the first trades of various stocks. The lineup includes tokens related to Spotify, Unity, Roblox, DoorDash, Snowflake, and Coupang. The NFTs are listed on Crypto.com’s NFT trading platform. Share this article The New York Stock Exchange (NYSE) has launched a series of crypto collectibles, also called non-fungible tokens or NFTs. Tokens Commemorate First Trades The exchange has created six tokens that commemorate the first listings of publicly traded companies. NYSE president Stacey Cunningham wrote in an announcement:…

Want to buy Coinbase stock now? Here’s how to get exposure before April 14

Crypto exchange Coinbase intends to go public via a direct listing on April 14, based on recent information. This means shares of Coinbase stock will become available for trading on the Nasdaq, bringing another part of the crypto space into mainstream finance.  Confusion can accompany activity in the traditional financial world, though. Companies, accredited investors and other entities engage with stocks and finance in various measures, but what about everyday retail participants? If a retail trader wants to buy Coinbase stock when it lists on the Nasdaq or wants to…

Binance Launches Zero-Comission Stock Trading, Starting With Tesla

Key Takeaways Binance has launched zero-commission stock trading, beginning with Tesla stock. All stock tokens traded on the platform are backed by securities and represent one equity share. Trading is not available to residents of the U.S., Turkey, or China. Share this article Leading digital asset exchange Binance announced the launch of zero-commission tradable stock tokens, starting with Tesla. The feature is being rolled out with the help of CM-Equity AG and Digital Assets AG, the companies which enabled FTX  stock derivatives. Binance Becomes a Stock Trading Platform Binance continues…

Binance launches tradable stock tokens in Tesla

Cryptocurrency exchange Binance is launching tradable stock tokens that aim to enable a wider section of the public to pocket capital returns on equities, including potential dividends, without having to purchase full, traditional shares. The first publicly tradable equity in the form of a Binance stock token will be Tesla, the share price of which currently hovers around the $700 mark. Rather than purchase a full, traditional share, for which custody of a physical share certificate is required, users can purchase as little as one-hundredth of a Tesla share represented…

SEC approves Exodus wallet for Regulation A stock offering

Crypto wallet provider Exodus recently received the green light from the United States Securities and Exchange Commission, or SEC, to sell shares of its operation.  According to a public statement from Exodus on Thursday: “Exodus Movement, Inc., a Delaware corporation that has developed a leading non-custodial cryptocurrency software platform, received notice that the Securities and Exchange Commission has qualified its offering of Class A common stock under Regulation A.” The shares hit the market last night in the U.S., and are available through the wallet itself. For many years Exodus…

HSBC reportedly blacklists MicroStrategy’s stock for investing in Bitcoin

Buying MicroStrategy stock (MSTR) is reportedly no longer possible for HSBC customers on the bank’s online trading platform — HSBC InvestDirect, or HIDC. According to a supposed message from the bank to its customers, HSBC has directed users that already own MicroStrategy stock not to buy additional shares. Twitter user Camiam claimed to have received such a message from the banking giant on March 29: Hey @michael_saylor , you may want to ask your legal team if what @HSBC_CA is doing here is legal. It sure does not sound like…

Upbit investor stock price surges three-fold amid bullish crypto trading in South Korea

The effects of South Korea’s crypto frenzy seem to be spreading beyond the cryptocurrency market to affect stock prices in the country’s stock exchange. According to a report by Bloomberg on Wednesday, Hanwha Investment & Securities Co. has seen its stock price almost triple since the start of the year. Indeed, at the time of writing, Hanwha Investment is trading at 6,550 Korean won per share, which constitutes a 197% stock price gain year-to-date. This almost-200% share price increase puts Hanwha Investment as the best performing of the companies in…

Marathon Digital stock soars after company ramps up BTC mining in Q1

Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner announced a significant increase in mining capacity in the first quarter, allowing it to up its stake in Bitcoin (BTC) by a considerable margin.  MARA stock jumped 15.8% to close at $56.56, marking a new all-time high. The crypto mining stock rose by as much as 17.1% earlier in the day. Marathon Digital’s share price closes at a new all-time high. Source: TradingView By comparison, the technology-focused Nasdaq Composite Index rose 1.7% on Monday. Meanwhile, the Bitwise…