Category: News

Ethereum Leaves XRP, SOL In The Dust This Week — What’s Going On?

Ethereum was trading lower early Thursday, reversing a searing rally that made it the most successful large-cap coin over the week. What happened: The second-largest cryptocurrency by market capitalization fell below $2,600 on profit-taking, having reclaimed $2,700 the day before. The trading volume dropped 34% in the last 24...
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MetaMask is ‘maybe’ considering a native token launch

MetaMask co-founder said the company is still considering a native token launch and revealed how the team would go about announcing it. In a recent interview, the Block’s Head of Growth, Tim Copeland, asked the crypto wallet’s co-founder Dan Finlay…...
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ARK Invest Bought $9.4M Worth of eToro Shares on Trading Platform’s Debut

ARK Invest didn’t wait around to add eToro (ETOR) to its portfolio. Cathie Wood’s St Petersburg, California-based investment management company bought 140,000 shares in eToro on the stock-and-crypto trading platform’s Nasdaq debut on Wednesday. ARK’s ETOR allocation is worth just under $9.4 million, based on the closing price of...
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Jim Chanos is Buying Bitcoin and Shorting Strategy

Jim Chanos, the veteran investor who made his name shorting Enron, is betting on bitcoin (BTC) trade while shorting Strategy (MSTR), the largest corporate holder of the biggest cryptocurrency. In an interview at the Sohn Investment Conference in New York with CNBC, Chanos detailed the bet. “We’re selling MicroStrategy...
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Bitcoin ETFs See $319M Inflows in a Day, Signaling Strong Investor Interest

Despite a small drop in Bitcoin’s price, U.S.-listed Bitcoin ETFs attracted over $319 million in inflows on Wednesday. This marks a major shift from the $96 million in outflows recorded just a day earlier. Source: https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/ All twelve spot Bitcoin […] The post Bitcoin ETFs See $319M Inflows in...
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