Cryptocurrency Analysis and News Portal
By Adrian Kenny, Senior Sales Trader at the publicly listed digital asset broker GlobalBlock The week has continued a very welcomed up trend, at the time of writing, with
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“Investing in Coinbase is not for the faint of heart, as the business – and the stock – will likely see dramatic, potentially protracted swings, because Coinbase’s revenues are currently tightly linked to cryptocurrency asset values, which have historically been cyclical,” Lisa Ellis, an equity analyst at MoffettNathanson, told clients
Read MorePlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Ark Invest’s “Bitcoin Monthly” May Report shows fundamentals are stronger than ever for Bitcoin.According to the report, 66% of Bitcoin’s supply has not moved in over a year.Short-term holders appear to have already capitulated, with their positions dropping 35% over breakeven price.The impact of Terra’s UST & Luna collapse on
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ARK Investment Management, an investment firm founded by veteran investor Cathie Wood, is taking another try to launch a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States.ARK Invest submitted on May 13 yet another application for its physical Bitcoin ETF, the ARK 21Shares Bitcoin ETF, according to a
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network.Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up
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Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Original Source
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Investment firm ARK Invest has revealed its bullish outlook for bitcoin. It is not the first time that the company would be taking such a bullish stand on the digital asset. But it is the first time that it is putting the price of the cryptocurrency at such a high
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ARK Investment Management, the firm led by star manager Cathie Wood, predicts that bitcoin’s price could exceed $1 million by 2030 as the cryptocurrency’s global usage is still only in its early days.“Bitcoin’s market capitalization still represents a fraction of global assets and is likely to scale as nation-states adopt
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