ARK Invest sold over 580,000 COIN shares last week, worth $149.85 million at Friday’s closing price. The total marks the largest offload of Coinbase stock by ARK since the week ended Feb. 16. Coinbase shares have increased by over 80% in value in the last month thanks to a rally of nearly 50% in bitcoin’s […]
Crypto markets could face macro and technical headwinds in the near term, Coinbase says. Liquidity could be impacted by quarter-end rebalancing. The world’s largest cryptocurrency is expected to trade in a narrow range until Read More
The native token of trading application Unibot (UNIBOT) sunk 40% on Monday after announcing the termination of its collaboration with the team that deployed it on Solana over security concerns. Unibot said a breach of trust Read More
The notional open interest in CME’s bitcoin futures has risen past the $10 billion market for the first time. CME’s futures market is now bigger than the market cap of litecoin, bitcoin cash and Read More
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Bitcoin (BTC) moved past $71,000 during the Read More
The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion. MicroStrategy acquired its latest batch of BTC for ~$68,477 per coin, Saylor said in a post on X on Monday. Read More
Zac Prince will join Re Cost Seg, which provides cost segregation studies for real estate investors. Prince said there were plenty of lessons learned during BlockFi’s better days that he can apply to Re Read More
Former U.S. president Donald Trump continued to come around on Bitcoin (BTC), calling it an “additional form of currency” in a CNBC appearance. “There has been a lot of use of that [bitcoin] and Read More
Tether’s USDT, the largest stablecoin by market value, is now available on mobile-focused layer-1 platform Celo. Celo is currently migrating from a standalone blockchain to a new layer-2 atop Ethereum. The platform focuses on Read More
Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least 916.26 megahash per second (MH/s) Read More
