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Cathie Wood’s ARK Invest adds $20 million in BitMine shares while scaling back exposure to Coinbase, Block and Robinhood amid its crypto portfolio reshuffle. Cathie Wood’s ARK Invest ramped up its exposure to BitMine Immersion Technologies on Monday, purchasing over $20 million worth of shares across three of its actively managed ETFs. According to ARK’s…
David Grider, a partner at venture capital firm Finality Capital, said he thinks the Ether treasury company boom should bode well for the long-term price and inflows of the token. BitMine Immersion Technologies dipped nearly 27% despite a “chairman’s message” from FundStrat’s Tom Lee to bolster confidence in the Ethereum treasury company. BitMine on Monday…
Michael Saylor’s Strategy did not purchase any Bitcoin last week, reporting just two acquisitions in July totaling 10,445 BTC, a 39% drop from June. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July. Strategy’s Bitcoin (BTC) holdings…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bitcoin’s (BTC) price is approaching a key resistance zone after rebounding nearly 4% from its recent low. Meanwhile, Divine Research issued 30,000 unbacked USDC…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bitcoin’s (BTC) price is approaching a key resistance zone after rebounding nearly 4% from its recent low. Meanwhile, Divine Research issued 30,000 unbacked USDC…
Pudgy Penguins shut down rumors of an OpenSea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships. Pudgy Penguins has denied speculation that it acquired NFT marketplace OpenSea, following a wave of social media chatter suggesting a deal may have closed as early as December 2024. In a Saturday post on X,…
BlackRock’s ETHA leads with $440 million as Ether ETFs stretch their inflow streak to 16 days, pushing total net assets to $20.66 billion. Spot Ethereum exchange-traded funds (ETFs) posted another strong session on Friday, drawing $452.72 million in net inflows and extending their inflow streak to 16 consecutive trading days, according to data from SoSoValue….
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Roman Storm’s trial is set to enter closing statements next week; 35 publicly traded companies now hold at least 1,000 BTC each, and a…
A record-breaking public sale, strategic acquisitions and ecosystem expansion mark Pump.fun’s rise, highlighting user-driven token distribution. Pump.fun limited token supply in the ICO and locked transfers for 72 hours, creating urgency and fueling retail FOMO. Over 10,000 wallets joined the sale, many pre-funded via PumpSwap, enabling rapid participation and fast capital inflow. The platform processed…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Block has officially joined the S&P 500, expanding the benchmark index’s exposure to Bitcoin. Meanwhile, Goldman Sachs and BNY Mellon announced plans to offer…