Arcane Crypto Lists on Nasdaq First North After Reverse Takeover
The Norway-based investment company is now known as Arcane Crypto AB and trades as "ARCANE."
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Canada-based bitcoin exchange Quadriga has announced it has entered into an agreement that, if executed, will find the company debuting on the Canadian Securities Exchange (CES) as soon as next month. The news follows a shareholder meeting on 2nd March and a decision by the Supreme Court of British Columbia to allow Quadriga to conduct a reverse takeover of the shell company Whiteside Capital Corporation. Co-founder Michael Patryn indicated that the move will provide Quadriga with increased capital while satisfying what he called the public demand for bitcoin-related investment....
Major North American bitcoin mining firm Hut 8 Mining has been approved for listing on Nasdaq under the ticker symbol HUT. The company is also listed on the Toronto Stock Exchange (TSX). Hut 8 Mining Corp. announced Thursday that its common shares have been approved to list on the Nasdaq Global Select Market (Nasdaq) under the ticker symbol HUT. Nasdaq’s website explains that the global select market “has the highest initial listing standards of any exchange in the world.” Hut 8 Mining describes itself as “one of North America’s oldest and largest....
Data shows Bitcoin’s monthly volatility has been lesser than both Nasdaq and S&P 500 recently, here are their numbers compared. Bitcoin 30-Day Volatility Has Plunged Down To Just 1.4% In Recent Days As per the latest weekly report from Arcane Research, the US equities having a higher 30-day volatility than BTC has only happened twice […]
Billionaire Elon Musk is inching further toward his eventual takeover of Twitter and Dogecoin (DOGE) whales are positioning in preparation for the takeover. Musk’s deal to acquire the social media platform has been one fraught with roadblocks along the way, but the two parties have now reached an agreement to facilitate the purchase. Now, the […]
Data shows Bitcoin has continued to become increasingly tied to the US stock market as the crypto’s correlation with Nasdaq reaches a new all-time high. Bitcoin’s Correlation With The Stock Market Continues To Go Up According to the latest weekly report from Arcane Research, the BTC-Nasdaq correlation has grown to a new ATH of over […]