Over the past 24 hours, Fantom (FTM) has emerged as the standout performer among the top 100 cryptocurrencies by market capitalization, registering a remarkable 13.5% gain. This surge is part of a broader rally that has seen the FTM price soar by 180% over the last four weeks, propelling it from $0.42 to $1.20. This…
Read more
On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s…
Read more
Bitcoin Cash (BCH) has registered a sharp 15% rally in the past 24 hours after plans of a futures listing on Coinbase have surfaced for the asset. Coinbase Plans To Launch Bitcoin Cash Futures Product On 1 April As an X user has pointed out, the cryptocurrency exchange Coinbase appears to have filed certifications with…
Read more
In its latest “Halving Handbook,” Coinbase Institutional draws striking comparisons between the upcoming Bitcoin halving and the market cycle from 2018-2022, offering insights into the potential impacts on the crypto economy. Coinbase’s Halving Handbook The next Bitcoin halving, set for mid-April 2024, is poised to slash miner rewards from 6.25 BTC to 3.125 BTC, a…
Read more
In an analysis shared with his nearly 100,000 followers on X (formerly Twitter), the crypto analyst known by the pseudonym Xremlin (@0x_gremlin) has pinpointed Base as the burgeoning hub for memecoin enthusiasts and investors. This proclamation follows a season of unprecedented gains in the Solana memecoin market, with tokens like BOME, WIF, and SLERF achieving…
Read more
Coinbase, a prominent crypto exchange, is gearing up to launch futures trading for some notable cryptocurrencies, including the popular meme coins Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH). Coinbase believes that Dogecoin’s sustained popularity indicates it has evolved beyond its meme beginnings to establish itself as a significant player in the cryptocurrency market. Coinbase…
Read more
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused on developing solutions in the digital assets space that help solve real problems for our…
Read more
Several supporters have joined Coinbase Inc. in its legal battle against the U.S. Securities and Exchange Commission (SEC) to urge the agency to reconsider its stance on crafting specific crypto regulations for the industry. Notable backers, including Paradigm, the Crypto Council for Innovation, and others, have submitted amicus briefs to the circuit court, bolstering Coinbase’s…
Read more
On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures. Microstrategy Continues Bitcoin Bet, Plans $500M Convertible Bond Sale Microstrategy…
Read more
Coinbase CEO Brian Armstrong suggested on March 12 that widespread Bitcoin adoption could mirror a return to the gold standard, potentially stabilizing the U.S. economy in the face of escalating national debt. In a post on X, Armstrong noted the potential of Bitcoin as a financial tool that could curb excessive government spending in the…
Read more
