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Cathy Wood's ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund bought the crypto exchange's stock after the company received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) on March 22, sending COIN tumbling 16% the next day. The
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Bitcoin (BTC) exchange Coinbase has remained a firm “buy” for ARK Invest throughout its recent price drop.The latest data shows ARK continuing to buy COIN shares despite bankruptcy concerns over Silvergate bank, a major Coinbase partner.ARK ETF keeps topping up on Coinbase stockIn the latest demonstration of its fearless approach
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In the course of its investigation, Forbes interviewed Patrick Hillmann, Binance’s chief strategy officer. Hillmann’s explanation, included in the original story, seemed to be simply that the on-chain wallets understood to contain backing for Binance’s stablecoins are effectively meaningless. “There was no commingling” of customer funds, Hillman told Forbes, because
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Non-custodial crypto platform ShapeShift refuted United States Senator Elizabeth Warren’s claims of "illicit financing,” suggesting that she used the platform as a scapegoat to “push” her latest crypto bill, according to a recent statement.ShapeShift stated in a tweet on Feb. 19 that Warren made “mistakes” in her “analysis” of the
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Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tron rose for a fifth consecutive session on Tuesday. Solana (SOL) Solana (SOL)
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In a CryptoX exclusive, the co-founder of Yuga Labs, Wylie Aronow, shares a frank letter touching on his recent diagnosis of heart failure and responding to accusations of racist and nazi imagery embedded within the Bored Ape Yacht Club NFT project. Source
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Chiliz, the blockchain-based sports token that allows fans to own tokens tied to respective teams, has validated the genesis block of its new layer-1 blockchain, according to a blog post. The Chiliz blockchain is EVM-compatible (Ethereum Virtual Machine) and will focus on non-fungible tokens (NFTs), Play2Earn games, and Watch2Earn sports
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The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 6, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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Bitcoin (BTC) has just clocked its 11th consecutive day outside the “Fear” zone in the Crypto Fear and Greed Index, cementing its longest streak out of fear since March 2022.Bitcoin Fear and Greed Index is 61 - GreedCurrent price: $23,780 pic.twitter.com/U5gxN3AwnT— Bitcoin Fear and Greed Index (@BitcoinFear) January 30, 2023 It
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