Cryptocurrency Analysis and News Portal
With cryptocurrency prices down significantly from their all-time highs, many are wondering if now is a good time to invest in crypto on a budget. According to popular YouTube crypto analyst Guy from Coin Bureau, the answer is yes. In a recent video, Guy outlines several tips for investing in crypto
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ARK offloaded 201,047 GBTC shares from its Next Generation Internet ETF (ARKW), according to an emailed update. The shares were valued $6.03 million based on Friday's closing price. GBTC remains the largest holding of ARKW, with a weighting of 9.97% worth about $132 million. Original Source
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The entire world of finance (both traditional and crypto) is eagerly waiting for the US SEC to approve spot Bitcoin ETF. Preparations are in top gear as Cathie Wood’s Ark Invest is moments away from launching a new “suite” of exchange-traded funds (ETFs). In line with this ambition, the asset management
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ARK Invest, investor Cathie Wood’s firm, sold 66,342 units of Grayscale Bitcoin Trust (GBTC) for $1.66 million, at a closing price of $25.07 on Oct. 28, 2023. The price of Bitcoin (BTC) currently sits at $34,434. ARK Invest capitalizes on market recovery Recent reports indicate that Wood, who founded ARK Invest in
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Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report.Google has already invested $500 million upfront to Anthropic — a rival to ChatGPT creators OpenAI — and will pay off the remaining $1.5 billion over time, according
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The fund sold 100,739 shares, equivalent to around 2% of ARK's Next Generation ETF (ARKW) holdings. The sale coincided with bitcoin (BTC) enjoying a bullish surge, which saw it rise above $34,000 for the first time in nearly 18 months. According to FactSet data, Ark holds about 5.6 million GBTC
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Crypto and blockchain technology are dynamic yet have a steep learning curve. A notable concern is companies’ apparent struggle when hiring individuals with the requisite technical skills. A recent PwC survey noted that almost half (48%) of crypto-centric firms needed help finding qualified personnel to run their businesses. The issues mentioned above are
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Troubled cryptocurrency platform Haru Invest plans to suspend its server a few months after halting withdrawals in June 2023.Haru Invest is thinking of shutting down its server in order to reduce the server maintenance costs of services, the company’s CEO Hugo Lee announced on Oct. 16. The CEO emphasized that
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Approximately 50% of crypto users are investing in digital assets to improve their everyday living standards.According to a new survey by crypto exchange Bitget published on October 5, 46%, 44%, and 41% of respondents in South Korea, Canada, and Turkey said improving their living standards is their greatest financial goal
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Bankrupt South Korean yield platform Haru Invest says it will return users' assets, although no particular timeframe is given.In a questions and answers session on October 2, Hugo Lee, Haru Invest's CEO, said the firm has a plan for "phased asset recovery and distribution" in several rounds through the disposition
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