The world of cryptocurrency investment is witnessing a significant shift with the advent of Bitcoin Exchange-Traded Funds (ETFs). This change heralds a new era for investors, offering a streamlined and regulated avenue for engaging with digital assets. The recent developments…
ARK and 21Shares Partner to Launch New Crypto-Focused ETFs
In a groundbreaking move that signifies a pivotal moment for both traditional finance and the crypto sphere, Coinbase has unveiled the 21 Shares initiative. This initiative introduces a suite of actively managed digital asset Exchange-Traded Funds (ETFs), amplifying the platform’s…
ARKK, Cathie Wood’s Fund, Faces Third Consecutive Month of Outflows in October
The ARK Innovation ETF (NYSEARCA:ARKK) saw investors pull out cash from the exchange-traded fund for the third consecutive month in October. With net outflows of $52.23 million during the month, ARKK faced a significant decline of 11.6%. In this article,…
ARK’s Cathie Wood Bought Bitcoin At $250 Years Ago, Currently Sitting On $7.6M Profit
Cathie Wood recently disclosed that she bought $100,000 worth of Bitcoin (BTC) when the price was approximately $250 years ago. The popular cryptocurrency’s quoted unit price indicates that Wood probably made the transaction in 2015. The CEO of ARK Investments…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
