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The post Sadot Group crashed 72%, halted five times today after short-seller report appeared on BitcoinEthereumNews.com. Nasdaq halted trading in Sadot Group (SDOT) five times this morning as its shares collapsed as much as 72% from yesterday’s close. The plunge followed a report from short-seller Fugazi Research, which declared that the company has “no meaningful fundamental value and is unsuitable for investment.” The Nasdaq-listed agri-food company, once a burger chain known as Muscle Maker Grill, still has large financial obligations and evidently collapsing investor confidence. By late morning in New York, the stock changed hands near $14, down about 65% from Tuesday’s $40.00 close. It briefly traded down to an intraday low of $11.01, or 72% below its 4pm price yesterday. Each plunge tripped Nasdaq’s trading breakers, designed to maintain orderly market pricing. As the volatile and relatively small company has swung wildly over the past few weeks, Nasdaq’s limit-up and limit-down
Read full articleMarket volatility underscores the fragility of geopolitical ceasefires, impacting global oil supply, equities, and crypto investments alike. The post Dow closes sharply lower, Nasdaq posts modest gain amid US-Iran tensions appeared first on Crypto Briefing.
Geopolitical tensions may disrupt global oil supply and airspace, impacting energy markets and increasing market volatility. The post NASDAQ gains 66 points amid US-Iran tensions over Strait of Hormuz appeared first on Crypto Briefing.
SK Hynix's massive NASDAQ listing could accelerate global AI infrastructure growth, impacting tech sectors reliant on advanced memory chips. The post SK Hynix plans $28B NASDAQ listing, second-largest share sale ever appeared first on Crypto Briefing.
The post Wall Street analyst sets Nvidia stock price for 12 months appeared on BitcoinEthereumNews.com. Vivek Arya, a Wall Street analyst at Bank of America Corp. (NYSE: BAC), has maintained a bullish outlook for Nvidia Corp. (NASDAQ: NVDA), as investors wonder why Nvidia stock is down as of July 8. Arya reiterated a Buy rating for Nvidia stock on July 7 in a note to clients. He further set his 12-month price target for NVDA shares at $350, implying a potential rally of about 77.4%, as the company’s stock traded at about $197.30 at press time. The analyst argued that the recent Nvidia stock pullback aligns with historical weak seasonal patterns. Nonetheless, Arya anticipates the company’s stock market to rebound in the near term, fueled by rising global cloud demand amid growth in AI (Artificial Intelligence) infrastructure. Specifically, Arya’s bullish Nvidia stock forecast for 2026 and beyond is bolstered by the ongoing tokenization of real-world assets (RWA) and the adoption of AI a
The post Cantor SPAC And Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure appeared on BitcoinEthereumNews.com. Cantor Equity Partners I (Nasdaq: CEPO), a special purpose acquisition company backed by an affiliate of Cantor Fitzgerald, and BSTR Holdings said today that they will not complete their proposed bitcoin business combination on the terms set in their July 2025 agreement. The parties plan to negotiate a revised structure and amended terms that reflect market conditions. The companies said the private placements tied to the original deal will not need to close. A shareholder meeting for CEPO, set for July 10, moved to a postponed date with no fixed timeline. Public shares submitted for redemption will return to holders, the note said. The announcement marks a reversal for one of the largest bitcoin treasury deals to reach public markets. When the two firms unveiled the merger in July 2025, they framed a plan to take Bitcoin Standard Treasury Company, led
The post NASDAQ crashes for second straight day after Trump calls off ceasefire with Iran appeared on BitcoinEthereumNews.com. Selling has enveloped the US stock market again on Wednesday after United States (US) President Donald Trump said the ceasefire with Iran was over following renewed hostilities between the nations. The US said it responded to Iran’s attack on an Oil tanker in the Strait of Hormuz earlier in the week by firing on 80 Iranian military assets. Iran responded with waves of attacks against US military installations in Bahrain and Kuwait. After the US launched its initial assault overnight, President Trump said the ceasefire between the US and Iran that began in early April had ended. Reports surfaced that the US had moved 5,000 military planes to the region. Oil (WTI) jumped over 4% on the news. Observers expect that the hostilities might ramp up over the next several days. NASDAQ 100 futures sold off more than 1% in the premarket on Wednesday, while S&P 500 and Dow
The post Binance BTCY & BITA: Bitcoin Covered-Call Yield Goes Mainstream appeared on BitcoinEthereumNews.com. Your group chat lights up on a Tuesday: “Binance is paying weekly BTC.” A link follows. It is Binance’s new BTC Yield, a covered-call wrapper that turns your Bitcoin into a ticker called BTCY and promises potential Friday distributions in BTC. Suddenly, passive income is the conversation again. The day before, you saw headlines about BlackRock listing a covered-call Bitcoin ETF on Nasdaq. Same idea, different wrapper. Spot BTC plus call options to skim premium. And like that, strategies that used to live in DeFi vaults and options chatrooms are now on the biggest exchange and the biggest asset manager’s shelf. This is not about hot new coins. It is about packaging an old options trade so it fits where people already keep their Bitcoin. Covered-call income has moved from niche to mainstream. Binance just announced BTC Yield, ticker BTCY, a BTC-denominated income product that con
Geopolitical tensions heighten market volatility, challenging investor confidence and highlighting crypto's vulnerability as a risk asset. The post Dow, S&P 500, and NASDAQ open lower after Trump threatens Iran strikes appeared first on Crypto Briefing.
