Cathie Wood’s ARK Invest Sold Nearly $150M Coinbase Shares Last Week
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF’s value, making such large sell offs necessary when an asset surges in value.
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Bitcoin Surge Sees Crypto Trading Volumes Exceed the Stock Market in South Korea
The KOSPI trading volume recorded 11.4794 trillion won on Mar.8, compared to nearly 12 trillion won on local crypto exchanges on Sunday.
Indian Crypto Investment Platform Mudrex to Offer U.S. Bitcoin ETFs to Indian Investors
Indian cryptocurrency investment platform Mudrex will offer U.S. spot-bitcoin exchange-traded funds (ETFs) to Indian investors, both institutions and retailers, CEO and co-founder Edul Patel said.
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
Products would be available to professional investors while retail consumers remain banned, the regulator said.
Bitcoin Jumps Over $71K as UK’s FCA Lets Institutional Investors Create Crypto ETNs
The leading cryptocurrency had crossed $70,000 for the first time ever last week.
Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.
BlackRock’s Bitcoin ETF Nears 200K BTC, Passing Michael Saylor’s MicroStrategy
In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than the largest corporate holder, MicroStrategy (MSTR).
Billionaire Hedge Funder Bill Ackman Mulls Bitcoin
The activist investor has previously mostly steered clear of any involvement in crypto.
Solana Client Developer Jito Announces End of ‘Mempool’ Function
The mempool was a key part of its technology stack that nonetheless allowed for “sandwich” attacks.
Wyoming Grants DAOs New Legal Structure
Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an “oasis.”