Ark Invest, led by Cathie Wood, has been buying up cryptocurrency-related stocks, including its Ark 21Shares spot Bitcoin ETF (ARKB). Last week, the ARK Next Generation Internet ETF (ARKW) spent $51 million buying 1.27 million ARKB units. The ARK Next Generation Internet ETF (ARKW) managed by Cathie Wood maintained its
In the trending airdrop season, one that caught the eye of the community is Shardeum, an EVM-based L1 blockchain. It is on the verge of introducing its incentivized testnet, accompanied by a comprehensive three-phase airdrop initiative. This strategic move aims to acknowledge and reward early contributors who have played pivotal
Applications for unlicensed virtual asset service providers (VASPs) are due on February 29th, and those who did not get approval were told to stop operations by May 31st, according to the financial services department of the Hong Kong government. Given that certain VASPs were already operating in Hong Kong prior
Following the Federal Reserve’s recent interest rate decision, which was unchanged, the cryptocurrency market witnessed a pullback. Avalanche (AVAX) emerged as a standout player, displaying resilience amidst the decline observed across major cryptocurrencies. Over the past 24 hours, AVAX experienced a 6.37% increase in market value, coupled with a 61.69%
Bitcoin (BTC), the largest cryptocurrency, has kept its investors on edge with a stagnant price movement in recent weeks. Currently, experiencing a modest surge of 0.33% in the last twenty-four hours and a 3.16% increase over the past seven days, it has slightly broken the tight trading range between $40,000
As we delve into the cryptocurrency market of February 2024, the focus turns to three standout digital assets that have captured the attention of whales—Retik Finance, Solana, and Polygon. In this dynamic market, large investors are strategically eyeing opportunities, recognizing the unique strengths and potential each cryptocurrency brings to the
The cryptocurrency market presents lucrative opportunities for strategic investors seeking substantial returns. Identifying promising projects in their early stages and holding through price appreciation cycles makes it possible to realize exponential gains. This article explores how a $1000 investment allocated across Retik Finance (RETIK), Shiba Inu (SHIB), and Solana (SOL)
At Thursday’s hearing before the Senate Banking Committee, Senator Elizabeth Warren and other Democrats condemned the purported use of cryptocurrency in illegal financing and frauds. Senator Lindsey Graham (R-S.C.) is one of 19 senators who have lent their support to Warren’s Digital Asset Anti-Money Laundering Act, which she has been
Despite recording its most quarterly sales ever in the Q4 of 2023, Meta’s mixed-reality arm, Reality Labs, had an operating loss of more than $4.6 billion. While Meta’s virtual and augmented reality (VR/AR) research arm, Reality Labs, lost $4.65 billion in Q4, the company’s overall revenue was roughly $1.1 billion,
After the biggest breach of 2024 thus far—a $112 million attack on Ripple co-founder Chris Larsen’s personal wallet on January 31—cryptocurrency exchange Binance froze $4.2 million worth of XRP. Richard Teng, CEO of Binance, took to social media to announce that the exchange has blocked the exploiter’s address. He also
