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Cathie Wood’s Ark Invest offloaded another $20 million worth of Coinbase shares

Cathie Wood’s Ark Invest offloaded another $20 million worth of Coinbase shares

The latest sales follow the $29 million worth of COIN stock Cathie Wood’s Ark Invest offloaded earlier last week.

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ARK’s ETF Rebalancing Continues With $20.6M Coinbase Sale

ARK Invest has a target of no individual stock surpassing 10% weighting of an ETF’s value. COIN doubled in price in the last three months of 2023, bringing about consistent sales of the crypto exchange’s stock by ARK.

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Bitcoin ETF Approval Odds Raised to Over 90% at Bloomberg, Drop on Polymarket

Two influential analysts have tipped odds at over 90% ahead of the Securities and Exchange Commission decision.

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Japan’s e-commerce giant Mercari plans to accept BTC payments: report

The Japanese digital flea market platform is planning to allow users to purchase products in bitcoin by June this year.

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Solana Meme Coins See 80% Price Drop After December Frenzy

The Solana ecosystem boomed in December as bonk tokens started a multiweek run of over 1,000%, grabbing listings on influential exchanges Binance and Coinbase.

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Bitcoin, Asian Stocks Drop as Traders Pare March Fed Rate Cut Bets

Friday’s payrolls will likely compel the Fed to maintain flexibility in its policy decisions going forward, one observer said.

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Someone spent $66,000 to inscribe data onto Bitcoin. No one knows what it says.

Why did an anonymous wallet spend 1.5 BTC in order to write 9 MB of data to Bitcoin? Since the data is encrypted, we may never know.

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In-person businesses accepting bitcoin nearly tripled in 2023

Latin America has a high concentration of vendors accepting bitcoin for payments, while East Asia lags behind.

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Here’s how to know if a spot bitcoin ETF has been approved

Before a spot bitcoin ETF goes live, two forms have to be approved — and those approvals may come at different times, reports indicate.

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BlackRock expects spot Bitcoin ETF approval next Wednesday: Fox Business

The wait for the government to approve a spot Bitcoin ETF may be over by the middle of next week, according to BlackRock’s prediction.

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