November 9, 2023

Cathie Wood’s ARK bags 1.1M Robinhood shares in one day

Cathie Wood’s ARK Invest has continued accumulating Robinhood shares while dumping Grayscale Bitcoin Trust shares.   ARK Invest’s recent acquisition of 1.1 million shares of Robinhood, […]
November 9, 2023

Bitcoin briefly tops $37K amid market optimism for pending spot ETF approvals

The price of Bitcoin has surpassed $37,000 for the first time since May 2022.   Bitcoin (BTC) recently experienced a significant milestone, surpassing the $37,000 threshold […]
November 9, 2023

ARK Invest and 21Shares partner to launch digital asset ETF suite

Five digital asset ETF products will be listed on the Chicago Board Options Exchange and start trading next week.   The developments in the cryptocurrency ETF […]
November 8, 2023

Marathon, Riot among most overvalued Bitcoin mining stocks: Report

Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks.   The valuation of crypto […]
November 8, 2023

Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs

The new platform, Tokenet, hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF.   The launch of the crypto-lending platform […]
November 8, 2023

OpenSea investor marks down stake in platform by 90%: Report

OpenSea’s co-lead investor, Coatue Management, marked down its investment from $120 million to $13 million.   Coatue Management, a prominent U.S. technology investment firm, has significantly […]
November 7, 2023

Kraken looking to ‘solve’ industry challenges amid layer-2 rumors

The rumors were fueled by reports citing anonymous sources and a job posting from Kraken highlighting that the company is “enthusiastic” about layer-2 solutions.   Cryptocurrency […]
November 7, 2023

Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings.   Cryptocurrency analytics company […]
November 7, 2023

Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion

Ava Labs CEO Emin Gün Sirer, however, stressed that the firm is well-positioned with a significant runway and resources at its disposal.   Ava Labs’ decision […]
November 6, 2023

DZ Bank, third-largest German bank, to start crypto custody for institutional investors

DZ Bank AG launches its own digital assets custody platform, built on blockchain.   DZ Bank, ranked as Germany’s third-largest bank by assets, has announced the […]

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