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“# Ark Investment tips $20M into Grayscale Ethereum Trust ” Cathie Wood’s Ark Investment has reported holdings of 639,069 shares in Grayscale’s Ethereum Trust for Q1 — currently worth around $20.9 million at today’s prices. ARK Investment has bought 639,069 shares of the Grayscale Ethereum Trust. pic.twitter.com/ofXD5F7QpA — Documenting Ethereum (@DocumentEther) May 18, 2021 The…
“# Bitcoin’s drop from $64K comparable to Black Thursday, but Coinbase outflows hint at accumulation ” Elon Musk and COVID-19 have something in common: They have both panicked investors — at least once — into dumping their Bitcoin (BTC) holdings. The similarities notched up higher in the previous six days as Musk doubled down on…
“# Coinbase (COIN) falls below $250, blockchain stocks sell off as Bitcoin dip continues ” It is well known that as goes Bitcoin (BTC), so goes the rest of the cryptocurrency market, as time and again, major price moves from Bitcoin create ripples across the altcoin market, impacting sentiment and momentum. This appears to be the…
“# Coinbase Wallet adds Chrome browser extension ” Digital currency exchange Coinbase has announced a new browser extension for its native wallet, enabling users to more easily connect to decentralized applications and decentralized finance directly on their desktop. The Coinbase Wallet browser extension is now available on Google Chrome, the company announced Monday. Coinbase Wallet…
“# Crypto currently is comparable to the early days of cell phones, Coinbase President says ” In terms of adoption, products and services, the crypto industry has come a long way since Bitcoin’s launch in 2009. Emilie Choi, Coinbase’s president and chief operating officer, however, still said crypto usage needs to be easier. “It’s about,…
“# DOGE surges as Elon Musk says he’s working with devs to ‘improve efficiency’ ” Elon Musk’s latest foray into crypto markets came a few hours ago when he tweeted he is working with the DOGE developers to improve the cryptocurrency’s efficiency “Working with Doge devs to improve system transaction efficiency. Potentially promising.” According to Coingecko, the…
“# Coinbase revenue tripled in Q1, plans to add bank-like services and to list DOGE ” The first quarter revenue of leading U.S.-based crypto exchange, Coinbase, more than tripled its Q4 2020 performance. According to documents filed with the U.S. Securities and Exchange Commission, Coinbase generated earnings of $3.05 per share and total revenues of…
“# Sotheby’s crypto-powered auction sells Banksy art for $13M ” Major auction house Sotheby’s has completed its cryptocurrency-enabled auction offering Banksy’s iconic protest artwork “Love is in the Air.” According to the auction results, Sotheby’s sold the physical artwork on Wednesday for $12.9 million, significantly up from from originally estimated of $3 million to $5…
“# How did Internet Computer (ICP) become a top-10 cryptocurrency overnight? ” Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at the peak of roughly $407. The…
“# Major Brazilian crypto asset manager secures $26M in funding ” Hashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in a new funding round from investors. According to Bloomberg on Wednesday, venture capital firm Valor Capital Group led the…