Ark Invest buys $12.5 million of Bullish stock in four days
Ark frequently uses broader digital asset downturns, which tend to pull crypto equities lower, as an entry point into cryptocurrency companies.
Bullish
The crypto honeymoon is over for now as analysts warn of a major first-quarter profit squeeze
Several major investment firms have preemptively downgraded Coinbase and other platforms as a sharp drop in trading activity and falling token prices threaten to derail upcoming first-quarter earnings results.
ARK Invest Snaps Up $23.5M in BitMine and Bullish Shares Across Flagship ETFs
The purchases, disclosed in recent trade filings, consisted of 387,000 shares of BitMine and 144,000 shares of Bullish, with ARK Innovation ETF (ARKK) leading the way.
Bullish’s $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
Stablecoins used in the settlement include dollar- and euro-pegged tokens of Circle, Paxos, PayPal, Ripple and Societe Generale, among others.
Bullish chart alert: Is Silver set for another rally?
Silver prices (XAG/USD) have dipped to $30.75 per troy ounce, down 0.65% from the December 3 peak of $31.03. Despite … Continue reading
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Long squeeze alert as US stocks bullish sentiment went ‘through the roof’
Investors are piling into U.S. stocks like never before. The net long positions in U.S. equity futures by investors—excluding market-makers—have … Continue reading
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Hong Kong Regulator Finds ‘Unsatisfactory Practices’ at Some Crypto Entities Seeking Full License: Report
Hong Kong’s Securities and Futures Commission (SFC) has found “unsatisfactory practices” at “some” of the cryptocurrency exchanges seeking a full license from it after conducting on-site inspections, Bloomberg reported on Thursday citing people familiar with the situation.
Bullish crypto trader borrows $12 million to buy Ethereum this week
A bullish cryptocurrency trader has borrowed nearly $12 million in three stablecoins to buy over 4,459 Ethereum (ETH) since August … Continue reading
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ChatGPT-4o predicts Cardano (ADA) price for August 31, 2024
Cardano (ADA) is undergoing significant developments that could potentially drive its price higher in the coming months. Despite facing substantial … Continue reading
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Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.