Saturday, November 26, 2022
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Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows

Bitcoin (BTC) firms’ shares are a major “buy” for asset manager ARK Invest in the midst of the FTX meltdown.The latest data confirms that ARK continues to up its holdings of both exchange Coinbase (COIN) and the Grayscale Bitcoin Trust (GBTC).Cathie Wood buys the dipWith FTX contagion still rippling through

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Aussie stock exchange abandons blockchain plans, leaving $170M hole

The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled.In a Nov. 17 statement, ASX announced it had paused all current activities of its “CHESS replacement project” following an independent review from technology

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FTX debacle sees Nansen take stock of major exchange onchain holdings

The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management.Major cryptocurrency exchanges like Binance, Huobi, OKX and Crypto.com have made efforts to share details of their assets and portfolios to assuage the wider space. This

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Bitcoin miner Riot Blockchain’s stock drops amid widening Q3 losses

Stocks of Nasdaq-listed Riot fell 4.87% in pre-market trading on Tuesday, after U.S. Bitcoin miner Riot Blockchain on Monday reported weaker revenues in the third quarter of this year as other major miners struggle with liquidity issues.See related article: World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisisFast

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Bitcoin weak hands ‘mostly gone’ as BTC ignores Amazon, Meta stock dip

Bitcoin (BTC) is decoupling from big tech as disappointing earnings fail to spark any major BTC price losses.Economic data for Q3, 2022 saw heavy losses for some tech stocks, but BTC/USD avoided a chain reaction.Bitcoin hodlers shrug off Q3 tech resultsThe largest cryptocurrency shed around $800 over Oct. 27, or

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Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges – Featured Bitcoin News

The host of Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously that Meta was a good investment. “I failed to

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