# Nasdaq Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Nasdaq", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Node Count Drops 70%, This Time Solana Is in a Hurry

Solana's validator count has dropped by 70% from its peak of 2,560 in March 2023 to around 756, accompanied by a 35% decrease in its Nakamoto coefficient, indicating increased centralization. This decline is largely due to the phasing out of the Solana Foundation Delegation Program (SFDP), which previously subsidized smaller validators. Many of these validators were economically unviable without support, controlling only 19% of the total stake, while larger nodes held over 80%. In response, Solana is implementing a new validator policy effective May 1, focusing on infrastructure decentralization. The policy imposes limits: no single Autonomous System Number (ASN) can host more than 25% of staked SOL, and no single data center can exceed 15%. It also enforces stricter performance rules, including faster transaction processing and anti-censorship measures, to improve network reliability and security. Critics, like node operator Chainflow, argue that the rules may unfairly penalize competent smaller validators based on their hosting location rather than performance, potentially forcing them into less reliable infrastructure and accelerating their decline. Amid ambitions to become a "Nasdaq on-chain" for global capital markets, Solana trails Ethereum and BNB Chain in real-world asset (RWA) value but leads in user activity. The network's upgrades aim to enhance stability and reduce finality times, competing with Ethereum's efforts to scale and decentralize further. The success of Solana's new policies is crucial for gaining institutional trust and competing effectively in the evolving blockchain landscape.

marsbit04/10 04:08

Node Count Drops 70%, This Time Solana Is in a Hurry

marsbit04/10 04:08

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

CoinShares, a major European crypto asset manager, debuted on the Nasdaq via a deSPAC merger with Vine Hill Capital, valuing the company at $1.2 billion. However, its stock plunged 25% on the first trading day, reflecting broader turbulence in crypto-related equities amid geopolitical tensions and volatile digital asset markets. CEO Jean-Marie Mognetti urged patience, emphasizing the listing was driven by business readiness rather than favorable market conditions. He downplayed short-term price movements, highlighting the company’s long-term strategy. Historical data shows deSPACs have averaged a 60% decline in the first year post-merger.

bitcoinist04/01 23:03

CoinShares’ US Trading Debut Marred By 25% Stock Crash: Key Takeaways

bitcoinist04/01 23:03

Bitcoin Treasury Firm Nakamoto Implodes: 99% Stock Crash, June Delisting Deadline Loom

Nakamoto Holdings, a publicly traded Bitcoin-treasury company, is facing a severe financial crisis with its stock plummeting 99.3% from a peak market cap of $24 billion to around $180 million. The firm reported a $142.6 million loss in digital asset value in Q4 and sold Bitcoin at a 40% loss. Its capital structure, including a $210 million Bitcoin-backed loan from Kraken, is under strain as Bitcoin trades far below its acquisition cost. With its stock below $1 for over 30 days, Nakamoto is non-compliant with Nasdaq rules and risks delisting by June 8, 2026. This threatens its access to capital and undermines its business model, which relies on low Bitcoin costs, a strong stock price, and steady financing—all of which have deteriorated.

bitcoinist04/01 01:02

Bitcoin Treasury Firm Nakamoto Implodes: 99% Stock Crash, June Delisting Deadline Loom

bitcoinist04/01 01:02

American Bitcoin crosses 7,000 BTC – But ABTC stock tells different story

Despite holding over 7,000 BTC (valued at $463.91 million) and ranking 16th among public Bitcoin treasury companies, American Bitcoin Corp (ABTC) faces a significant stock decline. The Trump-family-backed mining firm saw its stock drop 8.14% to $0.79, with an 88% decrease over the past six months. This contrasts with its substantial treasury growth, which has more than doubled its Satoshi Per Share metric since its Nasdaq debut seven months ago. While Bitcoin's price has been volatile, falling from its October 2025 high of $124,500 to around $66,591, ABTC remains focused on long-term Bitcoin accumulation, mirroring strategies like Michael Saylor's, despite short-term bearish investor sentiment.

ambcrypto03/31 14:34

American Bitcoin crosses 7,000 BTC – But ABTC stock tells different story

ambcrypto03/31 14:34

March 27 Market Summary: Nasdaq Enters Correction, Lagarde Ignites Global Rate Hike Expectations, Trump Grants Another Lifeline with Post-Market Extension

Market Summary March 27: Nasdaq Enters Correction, Lagarde Fuels Global Rate Hike Expectations, Trump Grants Extension Wall Street saw significant losses with the Dow falling 469 points (-1.01%), the S&P 500 dropping 1.74% (its worst day in two months), and the Nasdaq plunging 2.38%, officially entering correction territory—down over 10% from its October high. European Central Bank President Christine Lagarde warned markets were "too optimistic," citing inflation risks that could force renewed rate hikes. The OECD added pressure by raising its 2026 U.S. inflation forecast to 4.2%, far above the Fed’s own projection. Oil prices rebounded, with Brent crude surpassing $107/barrel and WTI near $93, as Iran’s foreign minister rejected direct negotiations with the U.S., dimming hopes for a near-term ceasefire. Gold fell 4%, on track for its worst monthly loss since 2008, pressured by rising yields, a strong dollar, and shifting rate expectations. Bitcoin dropped 3.4% to around $68,837, breaking below $70,000. After hours, Trump delayed the deadline for strikes on Iranian energy infrastructure to April 6, citing ongoing negotiations. Futures and crypto briefly rebounded on the news, but skepticism remains high as the market awaits Iran’s response. The extended deadline offers a reprieve but intensifies pressure for a resolution.

marsbit03/27 01:49

March 27 Market Summary: Nasdaq Enters Correction, Lagarde Ignites Global Rate Hike Expectations, Trump Grants Another Lifeline with Post-Market Extension

marsbit03/27 01:49

Bitcoin Depot names new CEO as revenue faces 40% drop risk

Bitcoin Depot Inc. (BTM), North America's largest Bitcoin ATM operator, has appointed Alex Holmes, former CEO of MoneyGram, as its new CEO following the resignation of Scott Buchanan. Co-founder Brandon Mintz also stepped down as executive chairman but remains on the board. These changes were part of a pre-planned executive transition from November 2025. The company faces significant challenges, with Yahoo Finance projecting a 30-40% revenue decline in 2026 due to regulatory pressures, including operational suspensions in states like Connecticut over high fees and consumer protection issues. Revenue fell sharply in Q4 2025, and Q1 2026 EPS is estimated at -0.69. BTM stock, trading at $2.62, has been declining for over nine months and has lost its correlation with Bitcoin’s price, currently at a negative 0.30 coefficient. The stock must break out of its descending channel to signal a potential recovery.

ambcrypto03/27 01:02

Bitcoin Depot names new CEO as revenue faces 40% drop risk

ambcrypto03/27 01:02

NYSE and Nasdaq Enter the Fray, U.S. Stock Tokenization Begins Close Combat

On March 24, the New York Stock Exchange (NYSE) announced a partnership with tokenization platform Securitize to develop a digital trading platform for tokenized securities. Just six days earlier, the SEC approved Nasdaq’s rule amendments to enable tokenized versions of Russell 1000 stocks and major index ETFs. The two largest U.S. stock exchanges unveiled their tokenization strategies in the same month, marking a significant acceleration in institutional adoption. Throughout March, multiple major players advanced tokenization initiatives. Nasdaq partnered with Kraken’s parent company Payward to offer tokenized stock distribution for non-U.S. users. S&P Dow Jones licensed its flagship S&P 500 to on-chain protocol Trade.xyz for perpetual contracts on Hyperliquid. Invesco, managing $2.2 trillion in assets, took over Superstate’s $967 million on-chain treasury fund. The House Financial Services Committee also held a hearing titled "Tokenization and the Future of Securities." Notably, Nasdaq and NYSE are pursuing different technical approaches. Nasdaq’s model integrates with the existing Depository Trust Company (DTC) system, using blockchain as an optional layer while maintaining unified liquidity and settlement. In contrast, NYSE is building a separate, blockchain-native infrastructure with Securitize as its digital transfer agent, aiming for 24/7 trading and near-instant settlement. Regulatory progress is also advancing, including the CLARITY Act moving toward markup and an SEC no-action letter allowing DTC to offer tokenization services. Compared to global peers like Switzerland’s SDX and London’s LSEG, which took years to launch limited tokenization platforms, U.S. exchanges are moving at an unprecedented pace—Nasdaq plans to begin tokenized trading as early as Q3 2026.

marsbit03/25 08:34

NYSE and Nasdaq Enter the Fray, U.S. Stock Tokenization Begins Close Combat

marsbit03/25 08:34

XRP treasury filing signals institutional push – Can demand sustain the shift?

Ripple's XRP treasury strategy is gaining institutional momentum as Evernorth Holdings moves toward a Nasdaq listing via a SPAC merger. The company plans to hold 473 million XRP, supported by SBI Holdings and Pantera Capital, and aims to generate yield through lending, DeFi, and validator activities—shifting from passive holding to active management. However, while the model draws inspiration from MicroStrategy’s Bitcoin treasury approach, XRP faces challenges in institutional adoption and capital flow compared to Bitcoin. Recent on-chain data shows significant whale outflows and large transfers, suggesting possible accumulation but also highlighting the need for sustained demand to support price stability and growth.

ambcrypto03/21 04:02

XRP treasury filing signals institutional push – Can demand sustain the shift?

ambcrypto03/21 04:02

Report Exposes Ripple Founder Larsen’s Hidden XRP Treasury Influence

A Protos report reveals that Ripple co-founder Chris Larsen exerts significant influence over Evernorth, a company planning a Nasdaq listing. Through RippleWorks—a nonprofit he co-founded—Larsen controls a majority stake in Arrington XRP Capital Fund, which is contractually obligated to consult RippleWorks on Evernorth-related decisions. Additional XRP contributions from a family trust and Ripple itself further consolidate his influence. SEC filings highlight clear conflicts of interest, as Larsen’s roles at Ripple and RippleWorks may not align with public shareholders' interests. The deal structure also allows Larsen-linked entities to benefit from XRP price increases, while public investors face governance risks.

bitcoinist03/20 21:02

Report Exposes Ripple Founder Larsen’s Hidden XRP Treasury Influence

bitcoinist03/20 21:02

Nasdaq’s Big Bet On Tokenization Gets Regulatory Green Light From SEC

Nasdaq has received SEC approval to launch a pilot program allowing tokenized versions of stocks and ETFs to trade on its exchange alongside traditional shares. These tokenized assets will share the same order book, pricing, and shareholder rights as their conventional counterparts. The program is limited to eligible participants and includes securities from the Russell 1000 Index, as well as S&P 500 and Nasdaq-100 ETFs. This initiative, developed in partnership with the Depository Trust Company, reflects a broader institutional move toward blockchain-based trading to reduce settlement times and extend market hours. The SEC approval signals a regulatory shift toward clearer digital asset rules under the current administration.

bitcoinist03/20 05:02

Nasdaq’s Big Bet On Tokenization Gets Regulatory Green Light From SEC