Bad News for the Cryptocurrency Market from Nasdaq: Insider Information Leaked

Strategy shares fell 3.5% after Nasdaq revealed it was beginning to scrutinize how companies raise funds for cryptocurrency ￰0￱ to The Information, the stock market now requires some companies to obtain shareholder approval before issuing new shares to purchase ￰1￱ could slow the recent trend of crypto-focused ￰2￱ scrutiny has led to delayed deals and heightened market uncertainty, while other crypto-related stocks were also negatively ￰3￱ Immersion fell 8.7%, while SharpLink Gaming fell 9%. The spot price of Bitcoin also fell 2.5% during the ￰4￱ News: Bitcoin Whale, Dormant for 13 Years, Awakes! Transfers Millions of Dollars! Here Are the Details The report noted that companies that do not comply with the rules could be banned from trading or delisted from the Nasdaq ￰5￱ move follows what The Information described as a “dramatic transformation in the crypto market that began with the Trump administration.” Companies are trying to attract investor interest by launching stocks linked to specific ￰6￱ this strategy is particularly effective in emerging markets, regulatory delays pose risks that can be costly for ￰7￱ federal securities regulators are taking a back seat, Nasdaq has become the primary regulator with its own listing rules. *This is not investment ￰8￱ Reading: Bad News for the Cryptocurrency Market from Nasdaq: Insider Information Leaked