Coinbase, MicroStrategy, Marathon Stocks Buckle 5%-10% as Bitcoin Tumbles Below $42K
A “flash crash” in thin trading Sunday evening, saw bitcoin’s price plunge nearly 10% from the $44,000 level in the space of a few minutes.
Coinbase
Cathie Wood’s ARK Invest Sells $49.2M Worth of Coinbase Shares
ARK has been consistently selling Coinbase stock in recent weeks. Friday’s is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.
Cathie Wood’s ARK Invest Sells Another $24.3M of Coinbase Shares
Coinbase shares fell on Wednesday from the 19-month high of $147.86 touched earlier in the week, closing at $134.63.
Cathie Wood’s ARK Invest Sells $33M of Coinbase Shares, $5.9M of Grayscale Bitcoin Trust
ARK sold a total of 237,572 COIN shares across three different ETFs: ARKK, ARKW and ARKF.
Coinbase’s Rally Still Has Legs, Chart Analyst Says
Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.
Cathie Wood’s ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares
COIN reached its highest level since April 2022, rising to $130.31 on Wednesday.
ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi
The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday.
Celo Developer Proposes Mid-January Timeline for Evaluating Closely Watched Layer-2 Move
With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo’s choice is being closely watched by the blockchain industry.
Coinbase CEO Says Binance Settlement Will Turn the Page on Crypto’s ‘Bad Actors’
Coinbase CEO Brian Armstrong says the industry can finally close the chapter of bad actors after the recent settlement between Binance and the U.S. Department of Justice.
Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?
The race to provide a key bit of infrastructure for bitcoin [BTC] ETFs – custody services – hasn’t actually been much of a race so far. Crypto exchange Coinbase has dominated so far, winning the job from the majority of applications from the likes of BlackRock, WisdomTree and Valkyrie.