Cryptocurrency Analysis and News Portal
Cathie Wood, veteran investor and CEO of ARK Invest, remains bullish on the cryptocurrency industry and centralized exchanges (CEX) despite the bear market and the crypto crisis.Wood’s investment management firm ARK continues accumulating the stock of the major United States cryptocurrency exchange, Coinbase.On Jan. 5, ARK purchased 144,463 Coinbase (COIN)
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The DoJ believes SBF engaged in a year-long fraud business that cost investors and customers billions of dollars.The United States Department of Justice (DOJ) is, ostensibly, preparing to seize and liquidate Sam Bankman-Fried’s (SBF) 56 million Robinhood Markets Inc (NASDAQ: HOOD) shares valued at approximately $465 million. Notably, SBF purchased
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"COIN's business is significantly correlated to crypto asset prices, trading volumes, and volatility," they wrote. "COIN's monthly trading volumes have seen a fairly consistent drawdown each subsequent month since November 2021, and there remains low visibility into either a stabilization or rebound in retail trading volumes over 2023 given the
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Major exchange Coinbase saw its stock rise markedly after it announced a settlement with a state financial services regulator. Coinbase Global Inc (NASDAQ: COIN) stock jumped 12% Wednesday on news that it had reached a settlement with a New York regulator. According to reports, the leading American crypto exchange
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Many United States lawmakers from both sides of the aisle have at one point expressed support for legislation banning members from investing in stocks or crypto — an initiative the 118th Congress could address following a shift in leadership.Beginning on Jan. 3 as the next session of the U.S. Congress
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Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets.Prominent fund manager, Cathie Wood has acquired an additional 158,000 shares of Coinbase Global Inc (NASDAQ: COIN) worth a total of $5 million as the trading platform’s stock continues to
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Coinbase's stock closed at $34.78 in New York Thursday, up roughly 7%. Shares in the exchange have been hit hard by the crypto bear market, falling 86% this year. COIN has underperformed both bitcoin and ether, with the world's largest digital asset falling by 65% year-to-date and the eponymous token
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Growth stock Tesla has come under huge selling pressure correcting 72% year-to-date and giving a lead to Bitcoin. Some market analysts believe that the bear market in crypto is far from over and there’s more pain to come ahead.The world’s largest cryptocurrency Bitcoin (BTC) has witnessed one of the most
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Bitcoin may in line for worse losses in the new
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The Tesla stock has fallen 44% in December and more than 59% during the fourth quarter of this year.It seems that there’s no end to the free fall in the price of Tesla Inc (NASDAQ: TSLA) stock. On Tuesday, December 27, the TSLA stock ended another 11% in red with
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