Cathie Wood’s Ark Invest Dumps $17M In Coinbase Shares As The Exchange Grappled With Disruption Amid Bitcoin Rally
On Wednesday, Cathie Wood-led Ark Invest made a significant move by selling over $17 million worth of Coinbase Global Inc (NASDAQ:COIN) shares. This decision came as the cryptocurrency exchange faced technical difficulties, a situation unfolding amid the soaring valuations of…
Bitcoin blasts through $63,000; experts predict meteoric rise
By Vivek Kumar Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin exchange-traded products. This rally, witnessing a remarkable 42% increase this month, is…
USD coin is back. Outpacing Tether in supply increase rate | CoinDesk JAPAN
The supply of USD coins has increased by over 14% since December. The increase in liquidity is seen as a sign of fresh capital inflows following the launch of a Bitcoin spot ETF in the US. The presence of stablecoins…
IRS hires former Binance, TaxBit execs to regulate crypto taxation
IRS’s strategic hiring from crypto industry raises hopes for clearer regulations.
Republicans Hatched a Secret Assault on the Voting Rights Act in Washington State
by Marilyn W. Thompson ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Republican Paul Graves’ work was about to come undone. In the wee hours of…
Bitcoin On The Brink: Should You Buy Now Or Wait For A Possible Correction?
Bitcoin’s (CRYPTO: BTC) price has consistently risen for five consecutive days, positioning the premier cryptocurrency for its most significant monthly increase since October 2021. Bitcoin’s value climbed by up to 4.1% early Wednesday, reaching $59,053. In recent days, Bitcoin has…
95% Bitcoin holders are in profit, but you should wait before selling
95% Bitcoin holders are in profit, but they may not sell anytime soon.Â
Coinbase Suffers Massive Outage As Bitcoin Hits $64K: ‘Your Assets Are Safe’
Crypto exchange Coinbase Inc. (NASDAQ: COIN) suffered from a major outage Wednesday, with users reporting zero balances in their account as Bitcoin (CRYPTO: BTC) hit the $64,000 mark. Coinbase CEO Brian Armstrong said the exchange was dealing with a “LARGE…
Bitcoin surges past $60,000: Cryptocurrency exceeds two-year high as investors have a renewed optimism
Bitcoin has surged to its highest price since 2021 as the cryptocurrency reported record inflows. This latest rally saw the cryptocurrency rise above $60,000 (£47,000) earlier today which is $10,000 (£79,000) short of the record high seen in November two…
Exec urges JPMorgan CEO to ‘do more homework’ on Bitcoin
SkyBridge Capital founder in an interview explains why more investors are flocking towards Bitcoin as a store of value.