ARK Invest bought $19.2 million worth of Block shares
ARK Invest executed a $19.2 million purchase of Block shares, allocating the stake among its ARKK, ARKF, and ARKW funds. The transaction was part of...
Binance leads the exchange reserves ranking with $155.64 billion
by Logan Pierce
Binance reported total reserves of $155.64 billion, a figure that puts it far ahead of its rivals and highlights its scale and liquidity. These reserves...
Cardano reached the $0.2775 level: signs indicate it’s preparing for a possible rebound
by Logan Pierce
Cardano (ADA) retested a demand zone established at $0.2775, a level that indicates a real chance of a price rebound. Accumulation and other indicators suggest...
Rails taps Stellar to launch onchain vaults for institutional derivatives liquidity
by Logan Pierce
In an effort to professionalize access to digital derivatives, provider Rails announced the launch of its “Institutional-Grade Vaults” on the Stellar network this February 3,...
Cathie Wood buys $24.8 million in crypto stocks defying the bearish trend
by Logan Pierce
Ark Invest founder Cathie Wood has executed an aggressive financial maneuver by acquiring positions worth $24.8 million in companies linked to the cryptocurrency market. Although...
MetaMask integrates Ondo Finance to offer 200 tokenized U.S. stocks inside the wallet
by Logan Pierce
In a milestone that redefines the boundary between traditional finance and the crypto ecosystem, MetaMask has announced the native integration of Ondo Finance’s Global Markets...
Bitwise claims the cryptocurrency market is nearing the end of its brutal winter
by Logan Pierce
Asset manager Bitwise, through its Chief Investment Officer Matt Hougan, has pointed out that the cryptocurrency market has been submerged in a deep winter since...
Ethereum price faces risk of falling to 1,500 dollars after accumulation metric plummets by 90%
by Logan Pierce
After a turbulent start to the year, the price of the second-largest cryptocurrency shows signs of stabilization, although Ethereum accumulation by large holders has suffered...
ParaFi Capital invested $35 million in Jupiter, marking the platform’s push towards on-chain finance.
by Logan Pierce
ParaFi Capital made a strategic $35 million investment in Jupiter, the Solana-based platform, and the transaction was carried out using its own stablecoin, JupUSD. JupUSD...
Circle shares fall despite increased USDC trading during January
by Logan Pierce
USDC processed over $8.4 billion in on-chain transactions in January, contributing to an estimated $10 billion increase in the stablecoin market. Despite that volume, shares...