Cathie Wood’s Ark Buys $64M of its Spot Bitcoin ETF Since Launch
Famed money manager Cathie Wood’s investment firm bought an extra $21m of its bitcoin-based spot ETF on Monday, bringing its total purchases in the fund to around $64m. Ark Invest bought 523,541 shares of the Ark 21Shares Bitcoin ETF (ARKB) on
Bitcoin and Ethereum: Bitcoin pulls back below $40,000
Bitcoin and Ethereum: Bitcoin pulls back below $40,000 Yesterday afternoon, we saw a strong bearish impulse and a fall in the price of Bitcoin to the $39437 level. Ethereum’s price drop continued last night with a retreat to the $2299 level. Bitcoin chart
Bitcoin Ordinals ‘Genesis Cat’ Sells for $254K in Sotheby’s Digital Art Auction
“Genesis Cat,” a digital art piece created on the Bitcoin blockchain’s Ordinals protocol, was sold for over $250,000 at a recent Sotheby’s auction. Created by artist and engineer Francisco “FAR” Alarcon, “Genesis Cat” is a part of the Quantum Cats collection,
Bitcoin Price Prediction: BTC at $40,100 Amid ETF Accumulation and SEC Decisions
In the In the dynamic world of cryptocurrency, Bitcoin’s price prediction remains a topic of keen interest. As of recent observations, Bitcoin is trading around $40,104, marking a decrease of 2.80%. This movement comes amidst significant events in the crypto
Wave of Spot-Based Bitcoin ETFs Could Drive Bitcoin to $60K This Year: CoinShares
Despite facing hurdles, bitcoin’s price could rebound and potentially soar to $60,000 this year, per CoinShares’ analysis. In a report published Monday, CoinShares forecasted 2024 as a pivotal year for digital assets, anticipating a surge in bitcoin’s value following the recent
Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures
Rep. Maxine Waters has expressed significant concerns over Meta’s continued involvement in the digital asset sector. In a detailed letter addressed to Meta CEO Mark Zuckerberg and COO Javier Olivan, the California Democrat, known for her critical stance on Meta’s previous
Blockchain Startup Figure Technologies Seeks US Regulatory Approval for Interest-Bearing Stablecoin
Financial technology company Figure Technologies is seeking approval from US regulators to introduce an interest-bearing stablecoin. Founded by former SoFi Technologies CEO Mike Cagney, if successful, Figure will become the first company to offer a stablecoin regulated as a security within
Bitcoin and Ethereum Price Prediction as BTC Drops Lower and ETH Takes a Hit – Time to Buy the Dip
In the dynamic world of cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are facing pivotal moments. Bitcoin, the most prominent cryptocurrency, has witnessed a continual downward trajectory, plunging to the $41,000 threshold on Monday. The entire global crypto market cap reflects this
Solve the Riddle: Gemini’s Series of Posts on XRP Signals Possible Relisting
Source: Pixabay Crypto exchange Gemini, founded by the Winklevoss twins, is possibly trying to relist Ripple (XRP) token, crypto community speculates. In a series of posts on X (formerly Twitter), Gemini expressed its interest in the token, hinting a possible expansion of
Coinbase Slams US Treasury’s Proposed Requirement for Crypto Platforms to Report All Mixing Activities
Coinbase has criticized the US Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it fails to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms. In a comment submitted to the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), Coinbase