Cathie Wood’s ARK Invest added nearly $15.2 million in Coinbase stock across three ETFs, reversing course days after offloading more than $39 million in shares.
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Cathie Wood’s ARK Invest added nearly $15.2 million in Coinbase stock across three ETFs, reversing course days after offloading more than $39 million in shares.
US spot Bitcoin ETFs recorded four straight weeks of net outflows, with about $360 million withdrawn in the latest week.
The total memecoin market capitalization has dropped roughly 34% over the past month as the broader market sold off, but Santiment suggests the slump may not last long.
Bitcoin will become “more valuable than ever” after deflation stops covering “up the impact” on the US dollar, according to Bitcoin entrepreneur Anthony Pompliano.
Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.
Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill.
Traders say Ether’s declining open interest and futures funding rates could set the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500.
Bitcoin and several major altcoins are attempting a relief rally, signaling that the bulls are trying to form a higher low.
Certain assets, like equity in a qualifying start-up company and physical property used for non-investment, were exempt from the 36% tax.
Bitcoin’s growing correlation with tech stocks challenges its digital gold narrative, as Ether treasuries, BlackRock and Polymarket make bold moves.