Cathie Wood’s Ark Invest Doubles Down on Coinbase Amid Market Dip
Ark Invest bought $18.4M in Coinbase shares and added Block while selling Robinhood stock, as fintech markets reacted to new Coinbase product launches and mixed earnings signals.
Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
Ark Invest bought $18.4M in Coinbase shares and added Block while selling Robinhood stock, as fintech markets reacted to new Coinbase product launches and mixed earnings signals.
KuCoin launches the Wealth Quant Fund and its first product, the Neutral Enhanced Fund, offering market-neutral crypto investment strategies for high-net-worth investors.
Coinbase unveils a major System Update featuring AI-powered investment advice, stock and options trading, tokenized equities, pre-IPO products, prediction markets, and Bitcoin travel rewards.
On Monday, the Uniswap team announced via X that Uniswap will launch on Arc, a platform designed for financial applications, stablecoin flows, and Artificial Intelligence (AI)-powered models.
Zimbabwe has introduced its first formal regulatory framework for cryptocurrency, requiring all firms dealing in digital assets to register with the central bank’s financial intelligence arm or risk prosecution.
Avalanche Treasury Co., a digital asset treasury firm focused on the Avalanche ecosystem, has officially gone public after completing a $675 million merger with a crypto-aligned special purpose acquisition company (SPAC).
Figure Technology Solutions has agreed to acquire AI-powered real estate lending platform Kiavi in a $717 million deal, marking a major expansion of its push into blockchain-based capital markets and tokenized assets.
Travala, the world’s leading crypto-native travel booking service, today announced the launch of the world’s first agentic AI travel protocol.
Geoffrey K. Auyeung has been sentenced to five years in federal prison for conspiracy to commit money laundering after helping overseas fraudsters move nearly $100 million in proceeds from investment scams.
Binance has adjusted its SpaceX pre-IPO perpetual contract with a 1.1x rebase following a share count increase, introducing a new standard for handling dilution and corporate actions in crypto derivatives while boosting transparency and trading activity in pre-IPO markets.
The UK’s Financial Conduct Authority (FCA) has proposed a new framework that would allow some authorized investment funds to allocate up to 10% of their portfolios to crypto exchange-traded notes (ETNs).
Michael Saylor has once again fueled market speculation after sharing Strategy’s well-known Bitcoin acquisition tracker on X.