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Nasdaq Turns Toward Cryptocurrencies, Joins Forces With Gemini Exchange
Melanie Kramer
April 25, 2018
The CEO of Nasdaq Inc. states the company is open to listing cryptocurrencies and has tapped US-based cryptocurrency exchange Gemini to use its SMARTS surveillance technology, which monitors real-time activity and raises alerts with operators when it discovers unusual trading patterns.
The CEO of the second-largest stock exchange by volume, the Nasdaq, has revealed it is open to incorporating cryptocurrencies if the regulatory environment becomes suitable. At the same time, bitcoin exchange Gemini has announced an agreement to use Nasdaq surveillance technology to prevent manipulative trading.
The two key revelations for Nasdaq may signify a turn in the direction of cryptocurrencies for the multibillion-dollar institution. Nasdaq interest in trading cryptocurrencies may be a significant step forward for cryptocurrency markets.
Nasdaq Would Consider Becoming a Cryptocurrency Exchange
Speaking to CNBC on Wednesday, April 25, 2018, Nasdaq CEO Adena Friedman confirmed the stock exchange would consider becoming a cryptocurrency exchange. She added that regulatory issues would need to be ironed out first:
"I believe that digital currencies will continue to persist. It's just a matter of how long it will take for that space to mature. Once you look at it and say, 'Do we want to provide a regulated market for this?' Certainly Nasdaq would consider it."
Friedman appeared bullish on cryptocurrencies, but less convinced by initial coin offerings (ICOs), agreeing with tentative indications from the Securities and Exchange Commission (SEC) that these might be classified and regulated as securities.
https://www.ethnews.com/nasdaq-turns-toward-cryptocurrencies-joins-forces-with-gemini-exchange
Nasdaq Turns Toward Cryptocurrencies,Joins Forces With Gemini Exchange
Melanie Kramer
April 25, 2018
The CEO of Nasdaq Inc. states the company is open to listing cryptocurrencies and has tapped US-based cryptocurrency exchange Gemini to use its SMARTS surveillance technology, which monitors real-time activity and raises alerts with operators when it discovers unusual trading patterns.
The CEO of the second-largest stock exchange by volume, the Nasdaq, has revealed it is open to incorporating cryptocurrencies if the regulatory environment becomes suitable. At the same time, bitcoin exchange Gemini has announced an agreement to use Nasdaq surveillance technology to prevent manipulative trading.
The two key revelations for Nasdaq may signify a turn in the direction of cryptocurrencies for the multibillion-dollar institution. Nasdaq interest in trading cryptocurrencies may be a significant step forward for cryptocurrency markets.
Nasdaq Would Consider Becoming a Cryptocurrency Exchange
Speaking to CNBC on Wednesday, April 25, 2018, Nasdaq CEO Adena Friedman confirmed the stock exchange would consider becoming a cryptocurrency exchange. She added that regulatory issues would need to be ironed out first:
"I believe that digital currencies will continue to persist. It's just a matter of how long it will take for that space to mature. Once you look at it and say, 'Do we want to provide a regulated market for this?' Certainly Nasdaq would consider it."
Friedman appeared bullish on cryptocurrencies, but less convinced by initial coin offerings (ICOs), agreeing with tentative indications from the Securities and Exchange Commission (SEC) that these might be classified and regulated as securities.
https://www.ethnews.com/nasdaq-turns-toward-cryptocurrencies-joins-forces-with-gemini-exchange
$CRCW 8K Holly Ruxin & Jeffrey Berman appointed as directors: https://backend.otcmarkets.com/otcapi/company/sec-filings/12688159/content/html
Same here
Lol, Official registered office is in Carson City, Nevada. You better check the one in Germany too while you’re at it.
Could be, and things could change next fiscal period. The 10K’s specifically talking about things that happened and decisions that were made from inception through end of fiscal year 2017. Bottom line, if Starkman’s being honest about becoming current (and I seriously think he is) we’re good either way... with or without TCC.
Lol, I’ve been called worse. I see you joined IHub today just to tell me that...
Yep, I’m panicking now waiting on funds to clear. Don’t want to miss out on the opportunity. Something good will happen here IMO.
Thanks belden, and FYI was simply replying to the posts from 1MB & Banjo Man and I didn’t ‘conveniently’ leave out a part of the sentence. The entire sentence was copied and pasted word for word and staying on subject. What you posted is definitely worth debating but a different subject in context to the posts.
Here is the entire paragraph from the 10K:
Pursuant to a Note Purchase Agreement dated as of March 27, 2017 by and between the Company and Rimrock Gold Corp, (“Rimrock”), the Company advanced $134,100 on behalf of Rimrock for the period from Inception through December 31, 2017, for the ultimate acquisition of Rimrock. The Company accounted for such advanced funds as an asset. As of December 31, 2017, the Board of Directors determined that it is in the best interests of the Company and its stockholders not to proceed with the acquisition of or any other business combination with Rimrock, and halted all future advances. The Company has deemed this asset unrealizable and, therefore, recorded an impairment of $134,100 for the period from Inception through December 31, 2017.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12661814/content/html
Looks more like panic buying to me...
Good point Banjo Man. “The Company has deemed this ASSET unrealizable and, therefore, recorded an IMPAIRMENT of $134,100 for the period from Inception through December 31, 2017.”
So what we have is an asset purchased that didn’t make them money in 2017. No telling what will happen in 2018 and no telling what we’re going to see in the next filing.
$RMRK
Still buyers here too... in fact a lot of them! $RMRK
Bottom line is that the shell is valuable. RMRK audits have been completed through fiscal year end 8/31/17.
Exactly, still good potential here as we’ve said before, with or without TCC. Clean shell, becoming current soon, & no debt. Speculation is king.
$RMRK
Not even close to being over. RMRK is still going current. A clean shell with no debt, and now known as a crypto ticker. Still good potential!
$RMRK
10K just filed $CRCW
Crypto Company 10K out $RMRK
Lol, I know... somebody made 6 cents on the sale but brokerage fee was probably $7.00.
90 day SEC deadline for non accelerated filers industry wide. Could be due by tomorrow though if not today. Should see it soon IMO.
I agree, good timing for CoinTracking PR. We should see an 8K update from CRCW on CoinTracking soon also IMO.
$RMRK
TCC 10K should be due today for fiscal year ending 12/31 IMO.
$RMRK
Great price! 10 for 1 FS coming eventually. I paid more & feel good about the investment. Didn't buy that much, loaded up on RMRK though!
$RMRK
Your freind is sitting on a gold mine IMO. Rafe is no dummy & knows what he's doing. The thing is that when The Crypto Company purchased Croe Inc, they purchased it with 2 contracts 1) A Restricted Share Agreement and 2) A Free Trading Share Agreement with the majority being restricted & only 950K were free trading. The accredited investors all purchased portions of the restricted unregistered shares which at this time are for investment purposes only and not available to trade on the open market. Not yet anyway, not until certain conditions are met. But when certain conditions are met his shares will become tradable on the open market. RF is well known for bringing liquidity to investors and IMO your freind is in good hands. Should a share exchange occur here, there is absolutely no doubt that CRCW shareholders will benefit more than RMRK shareholders. But both will benefit hugely. Basically we're all here riding CRCW's coattail and wanting nothing but good news for The CryptoCompany and their shareholders. We just hope it comes to them by way of RMRK.
$RMRK/CRCW$
Lol, I'll see your 2 & raise it to 3 & take all that's available!
Opened at 5 this morning, someone sold @ 5 & now up 2%. Yesterday must have been at 4.98 and showed as 4? Strange though...
Yep! Something's going to happen soon
You might be glad you're stuck here with a few million. It might be for a good cause that it's taking this long... $RMRK
$RMRK #9 on Breakout Boards https://investorshub.advfn.com/boards/breakoutboards.aspx
The filings are probably a bit more complicated than some may think. Im pretty sure CRCW is in control and they are most likely timing the release. Also, there could be some complications going from a more or less defunct company to actively trading. Without mineral rights or any assets to back the securities they may have to transform from a non-shell company to an actual shell company without assets. Also, they may have had to file each Q separately, then the 10K. Last contact with Starkman was 2 weeks ago and confirmed that they now have to complete Q2 which ended Jan 31, 2018. RMRK fiscal year ends 8/31.
$RMRK
$RMRK It sure will be! Something has to be said about CRCW's trading activity with some heavy days in the $20K to $40K range. Something good is going on IMO.
Accumulation is off the charts 3 month & 1 month both. With the right news or mention in the filings the whales will come. RMRK seems to move fairly easy IMO.
https://www.barchart.com/stocks/quotes/RMRK/technical-chart?plot=AREA&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(20);SMA(50);SMA(100);SMA(200);CHKMF(20)&sym=RMRK&grid=1&height=210&studyheight=100&axis1=false&axis2=false&axis3=false&isComparison=1
We're definitely due for some. News & filings to back up the news will be even better!
We should see an 8K soon from TCC about CoinTracking financing. With half of the purchase being cash and the other half shares it will be interesting to see what type of shares. Restricted or free-trading???
TCC's next 10K after this one will probably be for accelerated filers. Especially when all of our shares are trading on the open market... $RMRK
Yes, 10K due next week. I'm thinking April 2nd. Sure would be good to see 2 10K's next week! $RMRK+CRCW$
I agree, Elkay & the 10K should give mention seeing that it was in the past 2 quarterly filings. The fact that all litigation was dropped is a good sign & I know TCC has been busy working with their attorneys & regulators to get everything cleared up.
$RMRK
$RMRK Lol, I'll drink to that... It's 5:00 somewhere!
And if it's the good news we're looking for we'll be on several boards!
$RMRK
$RMRK Great! Looks like DDinvestor's plan is working, lol. Just need some buying action now.
Yep, due for a release. The 8K explaining the CoinTracking financing should be due anytime now & should see it soon IMO.