In the dynamic landscape of investment strategies, ARK Invest, led by renowned investor Cathie Wood, continues to make strategic moves to maintain optimal portfolio balance. A recent notable development involves the sale of a significant number of shares in the…
ARK Invest Divests GBTC Shares Amid Grayscale’s Battle for Bitcoin ETF Approval
We will analysise the recent ARK Invest’s investment activities and strategic moves in the ever-evolving cryptocurrency market. As the market experiences a notable recovery, ARK Invest, led by Cathie Wood, has been actively reshaping its portfolio to seize emerging opportunities.…
Crypto Community Fears FTX Contagion May Harm Grayscale
Following the collapse of FTX and worries about market contagion, Grayscale Bitcoin Trust (GBTC) shares are trading at a record discount of 42.69% to the value of the underlying asset. 74 Percent Price Drop As of press time, GBTC shares…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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,…
