Archive | nasdaq

Long Blockchain Struggling: Nasdaq Issues Delisting Notice

Long Blockchain, the company formerly known as Long Island Iced Tea, has announced a new CEO and plans to spin off its original iced tea business. But there’s a problem: According to company’s balance sheets, it has no income or assets related to blockchain or cryptocurrency. Long Blockchain has been attempting to rebrand itself — […]

Bitcoin Outperformed All Bonds, Stocks, Gold, and Assets in 2017 as Usual

Bitcoin has started a new year, after defeating all bonds, stocks, gold, and assets in terms of price growth and profitability in 2017. 1,300% Annual Return According to StockTwits, S&P 500, Dow Jones, Nasdaq, Long 20+ Year Treasuries, Gold, Emerging Markets, and Junk Bonds have all recorded yearly gains below the 35 percent mark, despite […]

Investor Ari Paul Bets $1 Million That Bitcoin Price Hits $50,000 by 2018

According to Business Insider, Ari Paul, the chief information officer and co-founder of cryptocurrency hedge fund Blocktower, has purchased $1 million worth of options that offers a 30-fold payout if the bitcoin price hits $50,000 by the end of 2018, on behalf of Blocktower. “On Wednesday, an unidentified entity made a $1 million bet on […]

Analyst: Bitcoin Price Could Surpass $60,000 in 2018, Short-Term Momentum Gained

Over the past 24 hours, the bitcoin price has regained momentum after two major corrections, recovering to $15,000 across all major bitcoin markets including the US and Japan. In South Korea, the demand for bitcoin still remains significantly high, as it is being traded with a $4,000 premium at a price of $19,000. $60,000 Mid-Term […]

Options Giant Cboe Applies for Six Bitcoin-Based ETFs

It’s been over two weeks since the largest U.S. options platform, the Chicago Board of Trade (Cboe), launched its bitcoin-based futures products. Now over the past week, the firm has applied for six individual exchange-traded funds (ETF) and is waiting for the U.S. Securities and Exchange Commission’s (SEC) approval. Also Read: Popular Chat App Kakao’s Exchange […]