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Cathie Wood's Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s ARK Fintech Innovation exchange-traded fund (ETF). This purchase would represent a new position for the ETF, according to MarketWatch. Ark Invest's ETFs
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ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock.As per daily trading data, Wood’s ARK purchased a total of 2.24 million shares of Robinhood across three
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Cathie Wood’s ARK Investment Management picked up a large number of Robinhood (NASDAQ: HOOD) shares on Wednesday, despite the stock platform’s poor crypto revenues earnings.The move came as Robinhood shares fell roughly 8% on Tuesday after the zero-commission trading platform missed badly on revenue expectations.ARKK, an exchange-traded fund that seeks
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Bitcoin price this morning touched $50,000 – a feat that might have have made a bear market look a lot less likely. But bulls could be celebrating too early, and a max pain scenario of a symmetrical triangle few currently see could end up shaking up both bears and bulls
Read MoreIn July 1944, the world was still at war. Allied forces were fighting to liberate France, with Paris still occupied by German forces. Battles in the Pacific would continue for another year. In New Hampshire, USA, the mood was a little different. There, at the foot of the White Mountains, and
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Michael Burry, the investor made famous by The Big Short movie, has taken out a major short position against Cathie Woods’ ARK Innovation ETFAccording to second-quarter 13f filings, Burry’s hedge fund Scion Asset Management has purchased $31 million worth of bearish put options against 235,000 shares of the ETF. Put
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Bitcoin (BTC) is replacing gold even as United States’ regulators attempt to disrupt its advance, said Mike McGlone of Bloomberg Intelligence on Monday.The senior commodity market strategist credited the “digitization of money and finance” behind the Bitcoin market’s superior growth against gold, noting that the same factors helped the U.S.
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The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean? In a recent speech, the International Monetary Fund argued that the time to fundamentally re-evaluate the global economic order is here. Goldbugs see the potential to return to the gold standard, bitcoiners anticipate
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Jordyn Woods Stays Winning — And The Glow-Up Is Amazing CCN.com - News & Blazing Op-Eds After all she endured at the hands of Khloe "Khlogre" Kardashian, watching Jordyn Woods win with her new boyfriend is just divine. Jordyn Woods Stays Winning — And The Glow-Up Is Amazing CCN.com - News &
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According to a Bitcoin address associated with Polkadot made public yesterday, the Web3 Foundation and Parity Technologies were
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