Zcash miner Fortitude Mining Holdings has secured a path to the public markets through an all-stock merger with HeartSciences, a transaction that will place the crypto mining company on the Nasdaq without a traditional IPO. According to a joint announcement…
Tech selloff highlights market volatility and interconnectedness, urging investors to monitor cross-asset movements for broader market insights.
The post S&P 500 and Nasdaq hit session lows as tech selloff erases morning gains appeared first on Crypto Briefing.
Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while legal battles over the platform’s products continue to intensify. According to Kalshi’s latest listings, the…
Market volatility highlights the fragility of tech stocks, emphasizing the need for diversified portfolios to mitigate sector-specific risks.
The post Dow, Nasdaq and S&P 500 open higher after two-day tech rout erases billions appeared first on Crypto Briefing.
Zcash has erased most of its mid-June recovery, bringing the privacy coin back to a major support zone as sellers regain control. According to crypto.news data, Zcash (ZEC) traded near $412 on June 24, down roughly 15% from its June…
Strategy should halt its bitcoin purchases and rebuild its cash reserves, research firm Cryptoquant warned, after the company’s dividend coverage collapsed from more than seven years to just 14 months and its preferred stock kept trading below face value. A Collapse in Dividend Coverage Strategy Inc. (Nasdaq: MSTR) should pause its bitcoin accumulation and prioritize […]
Tech stocks around the world fell on Tuesday, with the flagship Nasdaq index closing 2.2 percent down at the end of the session. In this edition, we look at how markets reacted this Wednesday and some of the reasons why investors sold their shares: massive projected capital expenditure on AI, as well as the prospect of higher interest rates. Also, we examine Spain's pioneering climate leave policy.
Hut 8 (NASDAQ: HUT) has agreed to pay $2.35 million to settle a proposed securities class action brought by investors who accused the bitcoin miner of misleading the market about operational problems tied to its 2023 merger with U.S. Bitcoin Corp. This article first appeared in The Energy Mag. The original article can be viewed […]
SK Hynix's NASDAQ listing could redefine global semiconductor investment dynamics, challenging the "Korea discount" and impacting US-China tech relations.
The post SK Hynix plans NASDAQ listing of ADRs worth $30B on July 10 appeared first on Crypto Briefing.