Ark Invest Cashes Out on Coinbase Shares as Bitcoin Prices Soar
Cathie Wood’s Ark Invest, a prominent investment management firm, has reportedly sold $5.3 million worth of shares in Coinbase Global Inc. This move comes amid...
Category : Economy
Economic News
Cryptocurrencies and blockchain technology have revolutionized finance and economics around the world.
In this section of The Cryptocurrency Post we will analyze all the news related to the Economy and cryptocurrencies.
All articles are made by experts in the field and are written in a clear way so that all people can understand them without any previous knowledge.
Stay Tuned!
Bitcoin Investors Show Confidence as Inactive Supply Hits Record High
Bitcoin, the world’s largest cryptocurrency, has seen a significant increase in investor confidence, with a record 70% of its supply remaining inactive for over a...
Fnality Raises $95M to Build Tokenized Cash Network
Fnality, a fintech firm specializing in tokenized cash, has raised $95 million in a funding round led by Goldman Sachs and BNP Paribas. The consortium...
Kraken Prepares to Compete with Coinbase by Launching Its Own Layer-2 Network
Kraken, one of the leading cryptocurrency exchanges in the United States, is preparing to launch its own Layer-2 (L2) network on the blockchain....
Bitcoin Keeps Calm Despite Elevated US Inflation Data
Bitcoin has maintained its position, remaining stable despite a rise in inflation in the United States. Consumer Price Index (CPI) data for September showed an...
Digital Asset Fund Flows Reach Significant Levels
Investment products related to Digital Assets have had a remarkable week, with capital inflows not seen since July, totaling $78 million, according to reports provided...
Crypto Assets Contract as Over $200M Outflows Recorded
CoinShares, a European cryptocurrency investment firm, disclosed on May 15 that digital asset investment products experienced a total of $54 million in outflows last week,...
Circle USDC Modifies Stablecoin Reserves to Avert U.S. Debt Defaults
Circle, the issuer of the world’s second-largest stablecoin, USD Coin (USDC), has adjusted its reserves treasury to reduce exposure to potential United States debt defaults...
El Salvador Will Purchase One Bitcoin a Day Starting Tomorrow
El Salvador president, Nayib Bukele, tweeted on Thursday November 17th that the country will begin daily purchases of one Bitcoin....
Rishi Sunak, New UK Prime Minister Is A Crypto Fan. What To Expect?
Rishi Sunak, the new prime minister of the United kingdom, may be an optimistic sign of the nation’s crypto potential, after supporting the crypto aspirations...