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Showing posts with the label market impact

How Nasdaq spooked Strategy and crypto treasury stocks

Strategy (formerly MicroStrategy), along with the rest of the crypto treasury industry, got spooked last week after Nasdaq issued new rules about selling stock to buy digital assets. Unlike traditional enterprises that aim to profit by selling goods or services, crypto treasury companies primarily buy crypto on leverage by selling corporate debt, equities, and derivatives. Exchange officials are looking to tighten listing requirements for such companies. Indeed, moments before the New York market opened on Thursday morning, TheInformation reported that the Nasdaq was considering forcing companies to obtain shareholder approval prior to selling stock to buy digital assets. Stocks of treasury companies like Strategy immediately traded lower on the news due to uncertainty around whether they had been obtaining shareholder approval for their dilutive capital raises. Although Nasdaq didn’t immediately confirm TheInformation’s report, many treasury company executive...

Ripple just moved over $600 million XRP; Incoming sell-off?

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Ripple has executed a massive transaction outside its normal monthly XRP unlocks, a move likely to cause jitters among investors. Specifically, the blockchain firm transferred 200 million XRP, valued at roughly $606 million, to an unknown wallet, according to data shared by Whale Alert on August 18. Ripple XRP transaction. Source: Whale Alert The move comes as XRP briefly slipped below the $3 mark, sparking concerns of short-term selling pressure. Market watchers are divided on the implications. Some suggest the transfer may be linked to Ripple’s On-Demand Liquidity (ODL) operations or preparations for institutional deals, pointing to a tactical reshuffling of reserves rather than an outright sell-off. Others, however, fear it could signal an impending wave of selling from Ripple itself, a company long scrutinized for its management of XRP supply. The transaction arrives amid heightened sensitivity around whale movements in the crypto market, particularly ...

SEC Chair Paul Atkins Eyes Bitcoin Rulemaking Shift Ahead

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Bitcoin regulation is undergoing a major transformation right now under SEC Chair Paul Atkins, and he’s prioritizing rulemaking over enforcement actions. This shift toward regulatory clarity could reduce crypto market volatility and also provide the Bitcoin rulemaking framework that investors have been seeking for quite some time. The new approach focuses on transparent SEC crypto policy that supports innovation while also maintaining investor protection standards at the time of writing. Also Read: Bitcoin Conference 2025: Trump, Pakistan, Farage Shock the Stage How SEC Crypto Policy May Ease Bitcoin Volatility And Uncertainty Source: Watcher.Guru Atkins Champions Clear Bitcoin Regulation Framework During Senate testimonies, Paul Atkins described his plan for regulating Bitcoin differently than the enforcement-focused plan supported by Gary Gensler. The new leader of the SEC encourages using the notice and comment system to clearly guide those managing digital assets right now. At...