Ark Invest offloaded another 74,291 Coinbase shares on Monday as the investment firm continues to rebalance its fund weightings.
Craig Salm believes a highly anticipated spot ether ETF “should be approved,” citing bitcoin ETF similarities.
After five consecutive days of outflows, spot bitcoin exchange-traded funds experienced a total net inflow yesterday.
One analyst said quarter-end inflows could be stronger than usual.
Grayscale’s GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.
The petition requesting the South Korean government to postpone taxation on cryptocurrency gains has gained over 10,000 signatures so far.
The blockchain could see huge traction among retail audiences due to its proximity to the prominent Coinbase exchange, a sentiment that’s driving activity and growth of native Base tokens.
Base saw a significant increase in total value locked, reaching nearly $1 billion — double the amount recorded at the beginning of March.
The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion judgment against Ripple Labs, according to court filings.
NYSE-listed cryptocurrency custody and trading platform Bakkt posted $780 million in total revenue but $226 million in net losses in 2023.
