American Bitcoin stock tumbles 50% as BTC proxy trade unravels
ABTC shares plunged by more than 50% in early trading as the broader crypto market downturn triggered a sharp repricing of mining and treasury stocks.
ABTC shares plunged by more than 50% in early trading as the broader crypto market downturn triggered a sharp repricing of mining and treasury stocks.
Original source
Read on CointelegraphRelated market context
Solana News: SpaceX Will Have the Biggest IPO in History, And Its Stock Will Be Trading on Solana the Same Day
Solana News: On June 12, 2026, the same day SpaceX will be trading on Nasdaq at $135/share, raising $75 billion in the largest IPO...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Bybit, Binance and Bitget Cancel Tokenized SpaceX Allocations as xStocks Fails to Deliver Shares
Three major crypto exchanges canceled their tokenized SpaceX IPO allocation campaigns Friday after xStocks could not source the un...
Coinbase Policy Push and ETF Speculation Drive Crypto Markets as North American Trading Volume Surges 1,000%
Coinbase unveils a policy proposal as ETF speculation lifts Bitcoin-linked altcoins and North American trading volume surges 1,000...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...