Nasdaq Warns Canaan of Stock Delisting Risk
@Canaan faces potential delisting from Nasdaq as shares trade at $0.78, below $1 for 30 consecutive days. The company has until July 2026 to rectify this situation. #Update #Crypto
@Canaan faces potential delisting from Nasdaq as shares trade at $0.78, below $1 for 30 consecutive days. The company has until July 2026 to rectify this situation. #Update #Crypto
Bitcoin’s short-term price lacks bullish momentum, with macroeconomist Henrik Zeberg predicting a potential sharp downturn after a final surge to $150K. #Update #Crypto $BTC
@KindlyMD (NAKA) risks delisting from Nasdaq after shares closed below $1 for 30 days; must exceed this price for 10 consecutive days by June 8. Owns 5,398 BTC ($466M). #Update #Crypto $NAKA
@Nasdaq plans to extend trading hours to 23 hours daily, starting Sunday at 9 p.m. ET, responding to global investor demand and aligning with crypto’s 24/7 trading model. #Update #Crypto $COIN
@MicroStrategy retains its position in the Nasdaq 100 Index amid ongoing debates about its Bitcoin strategy, while co-founder Michael Saylor hints at further acquisitions. #Update #Crypto $BTC
@DigitalAsset secures strategic investments from BNY, Nasdaq, S&P Global, and iCapital, emphasizing Wall Street’s growing support for blockchain infrastructure in regulated markets. #Update #Crypto $BTC $ETH
@AnimocaBrands plans to go public on Nasdaq via a reverse merger with Currenc Group by 2026, controlling 95% of the entity post-merger. This aims to establish the first digital asset conglomerate. #Update #Crypto
Nasdaq warns @TONStrategy over $272.7M Toncoin acquisition due to issuing shares without shareholder approval in a PIPE deal; violation deemed unintentional, avoiding delisting. #Update #Crypto $TON
Evernorth nears $1 billion in $XRP holdings, reaching 95% of its target, marking significant institutional interest and potential for broader adoption. #Update #Crypto $XRP
Evernorth is set to list on Nasdaq, merging with Armada Acquisition Corp II, aiming to create the largest institutional XRP treasury with over $1 billion in capital. Major investors include SBI and Ripple Labs. #Update #Crypto $XRP
@OndoFinance urges the SEC to delay Nasdaq’s tokenized securities trading rule change, citing transparency concerns and potential market access inequities for smaller firms. #Update #Legal
House of Doge plans Nasdaq listing via merger, backed by $50M, boosting $DOGE liquidity and adoption. Price target remains $0.6533 amid institutional interest. #Update #Crypto $DOGE
Solana’s network maintained 1,225 TPS during a market crash, while Ethereum struggled at 26 TPS with high fees. $SOL’s resilience highlights its robust design. #Update #Crypto $SOL
@Gemini sets IPO share price at $28, aiming to raise $425M and valuing the company over $3B. Winklevoss twins retain 94% ownership post-IPO, focusing on retail investors. #Update #Crypto