In the week ending March 8, Cathie Wood led ARK Invest sold more than 580,000 shares of Coinbase (COIN), a cryptocurrency exchange, for a total of $149.85 million, as the stock closed at $256.62 on Friday. Three of ARK’s exchange-traded funds (ETFs)—Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation
In a press release on Monday, the Financial Conduct Authority (FCA) of the United Kingdom confirmed that it will not oppose efforts by Recognised Investment Exchanges (RIEs) to establish a listed market segment for crypto asset-backed exchange-traded notes (ETNs). This move further confirms the growing institutionalization of crypto markets. Professional
BlockDAG has made quite a splash in the crypto community as its keynote release debuted on the digital screens of Shibuya Crossing, an iconic and bustling pedestrian intersection in the heart of Tokyo. In this keynote, BlockDAG details its vision, value proposition, and roadmap, highlighting how it intends to disrupt
Selected participants in the initiative will gain access to ChainGPT’s suite of AI-powered blockchain tools, including its APIs and SDKs, enabling streamlined development and scalability ChainGPT, the AI-powered Web3 infrastructure providing a diverse suite of tools and services, announces the launch of a grant program to help facilitate innovation at
London, United Kingdom, March 11th, 2024, Chainwire Bitcoin has made history and cleared a new all-time high of $71K, the knock-on effect being a huge increase in the global crypto market cap that is now pushing toward the $2.7 trillion mark. Riding the current bitcoin wave, the first-ever presale on
The recent approval of BTC ETF and the application for ETH ETF in the United States, along with the increasing acceptance of blockchain technology in countries like Argentina and Indonesia, indicate the upcoming emergence of the social era of Web3. Although Web2 social applications have 4.8 billion users, the infrastructure
The cryptocurrency markets continued a surge over the weekend, with Bitcoin and Ethereum hovering just above key thresholds of $70,000 and $3,950, respectively. However, amidst this bullish trend, most of the altcoins were reaching new highs, and one such Gala Token (GALA) managed to steal the limelight. GALA displayed a
In the ever-evolving world of cryptocurrency, investors are constantly seeking the next big opportunity, the proverbial needle in the haystack that promises exponential returns. While Bitcoin and Ethereum have long been the stars of the show, a new wave of altcoins has emerged, capturing the attention and imagination of traders
Shiba Inu, the second-largest memecoin by market cap, has seen a surge of over 22445% in its 24-hour burn rate. This surge occurs as an aftermath of the SHIB team’s massive burn of 13.4 billion SHIB, worth $466K at current prices, in the last 12 hours. On X, Shiba Inu’s
Solana (SOL), one of the most prominent layer-1 blockchain platforms, has caught fire over the last couple weeks. The Ethereum competitor has notched a scintillating 45% price gain since mid-February, outpacing broader crypto markets. After languishing under $100 for the latter portion of 2022 and early 2023, SOL appears to
