Stock Market | ForkLog

ForkLog 19 09.08.2021

Circle to raise $546 million in follow-on stock offering to acquire Concord Acquisition Corp

Circle will conduct a follow-on stock offering worth more than $546 million for a deal with SPAC Concord Acquisition Corp, through which the cryptocurrency company would go public.

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ForkLog 8 05.08.2021

Former CFTC chief questions SEC authority to regulate cryptocurrencies

The Commodity Futures Trading Commission (CFTC) is the only regulator authorised to oversee Bitcoin and other cryptocurrencies. This is the view of its former chairman, Christopher Giancarlo.

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ForkLog 22 05.08.2021

Invesco files to launch Bitcoin ETF; expert surprised by the circumstances

One of the largest American investment firms, Invesco, filed an application to create an exchange-traded fund (ETF) based on a Bitcoin strategy. Bloomberg ETF senior analyst Eric Balchunas noted the circumstances were unusual.

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ForkLog 10 05.08.2021

Melanion Capital to launch Europe-listed ETF on bitcoin-related equities

Paris-based asset manager Melanion Capital has received approval from the French regulator to launch an ETF tracking a basket of 30 stocks that 'up to 90% correlate with the price of Bitcoin'. According to the Financial Times.

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ForkLog 12 05.08.2021

Fidelity Investments buys stake in Marathon Digital Holdings

Fidelity Investments, which manages assets of $10.4 trillion, on July 22 acquired a 0.74% stake in the Nasdaq-listed Marathon Digital Holdings.

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ForkLog 14 04.08.2021

Robinhood shares surge 80% as Nasdaq halts trading three times

Robinhood Markets' shares, the eponymous app for trading securities and cryptocurrencies, reached $85. At the time of writing, HOOD stock was trading around $65.

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ForkLog 16 30.07.2021

Robinhood’s stock-market debut among the worst in the United States

Robinhood Markets' stock, the eponymous app for trading securities and cryptocurrencies, closed its Nasdaq debut down 8.37% from the IPO price.

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ForkLog 8 30.07.2021

From liquidity on the exchange to the mainstream: how much does it cost to build a crypto-IPO

There is particular interest among many players in the cryptocurrency industry — both newcomers and veterans — in tapping the buoyant stock market, spurred by the successful experience of Coinbase.

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ForkLog 21 29.07.2021

Robinhood shares begin trading on Nasdaq; valuation around $32 billion

On Thursday, July 29, the stock- and cryptocurrency-trading app Robinhood conducted its initial public offering on the Nasdaq.

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ForkLog 9 29.07.2021

ProFunds launches the first U.S. mutual fund that tracks bitcoin’s performance before expenses

ProFunds has launched 'the first mutual fund in the United States that reflects bitcoin's performance before expenses.'

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ForkLog 18 29.07.2021

Robinhood Sets IPO Share Price at $38

The crypto-friendly platform Robinhood set the IPO price at $38 per share. The offering will raise $1.89 billion, valuing the company at about $32 billion.

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ForkLog 24 28.07.2021

Coinbase: Swift SEC approval of Bitcoin ETFs inevitable

Coinbase expressed optimism that Bitcoin-based exchange-traded funds could be approved in the United States in 2021 or 2022. The exchange said this in its industry overview for the first half of 2021 aimed at institutional investors.

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