Ark Invest, led by their fund manager Cathie Wood, continued its strategic push into Coinbase (COIN), acquiring $4.8 million worth of shares on Tuesday. Ark invested in 31,730 shares of Coinbase ahead of U.S. President Donald Trump’s tariffs becoming effective at midnight on Wednehaven’tsday through three of their exchange-traded funds
Cathie Wood’s ARK Invest has acquired Coinbase (COIN) shares worth $13.4 million across three of its ETFs. The move comes amid a broad market sell-off triggered by President Trump’s new tariff policies. Despite the turmoil, ARK doubled down on its long-term crypto strategy. According to ARK’s daily trade report for
Coinbase Institutional has lodged a petition with the U.S. Commodity Futures Trading Commission (CFTC) for the launch of XRP futures. This contract offers a regulated and capital-efficient avenue for exposing traders to XRP. The contract’s launch is on April 21, 2025, pending regulatory review. The XRP futures contract will trade
Coinbase CEO Brian Armstrong is calling on U.S. lawmakers to favor stablecoin legislation that allows holders to earn interest. He claimed that onchain interest would benefit consumers, enhance financial inclusion, and bolster the U.S. economy. In a post on March 31, Armstrong explained that stablecoins are already functioning as digital
UK officials have frozen nearly $7.7 million (£6 million) worth of illicit crypto assets in one year. The crackdown follows new powers granted to law enforcement in April 2024. These powers allow the National Crime Agency (NCA) and police to freeze, seize, and destroy crypto linked to crime. The biggest
The U.S. Treasury has dropped Tornado Cash from its sanctions list, claiming this makes an ongoing lawsuit against it irrelevant. However, Coinbase’s Chief Legal Officer, Paul Grewal, argues this move is a legal tactic to avoid a final court judgment—one that lacks any real assurance for the future. Grewal criticized
Institutional investors are expressing record, with 83% saying they plan to increase their holdings this year, a Coinbase and EY-Parthenon report indicates. The survey, published on the Coinbase blog, surveyed 352 institutional decision-makers. And highlights mainstream adoption of digital assets is increasing as regulatory clarity rises and use cases expand.
Coinbase Global Inc., one of the largest cryptocurrency exchanges has officially registered with India’s Financial Intelligence Unit (FIU), signalling its return to the Indian market. This initiative comes after a nearly two-year hiatus from operating in the country. With the FIU registration, the exchange will later in the year begin
Privacy is crucial in the present modern-day world, especially in emerging technologies like blockchain. Even though the blockchain technology is efficient, immutable, and secure, it still needs further improvements as it is in early stages of development. On a similar note, Coinbase acquired the Iron Fish team to improve privacy
Canary Capital, led by former Valkyrie Funds co-founder Steven McClurg has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Axelar’s AXL token. This move comes as interest in altcoin-based ETFs continues to rise. The investment firm submitted its S-1 registration on 5th
