Coinbase confirms plans of integrating the Lightning Network

Coinbase says it will add support for the Bitcoin Lightning Network. Cathie Wood praises the crypto exchange for the decision. Coinbase shares are down nearly 30% versus their YTD high. Coinbase Global Inc has decided to integrate the Lightning Network that aims at making Bitcoin a viable option for faster and cheaper global payments.

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SEC Hesitates on Bitcoin ETF, Global Analysts Turn Gaze to Monero, Domini’s Potential 340% ROI

The cryptocurrency world is buzzing with anticipation as the Securities and Exchange Commission (SEC) ponders Cathie Wood’s proposed Bitcoin Exchange-Traded Fund (ETF). This case  has captured attention, as it could  mark a significant step towards mainstream acceptance of digital assets on the decentralized cryptocurrency list.

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Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million

Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations?

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Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit

The U. S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock is currently up nearly 60% versus the start of the year.

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ARK’s Cathie Wood Says Bitcoin’s Upsurge As Global Banks Roil Will Attract New Institutional Investors In Droves

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Ark Invest adds $20.5M Coinbase shares: COIN share price down 7%

Ark Invest purchased 301,347 Coinbase shares on Thursday. Ark had purchased more Coinbase shares on Wednesday. In February Ark purchased $30 million worth of Coinbase shares. Cathie Wood’s Ark Invest has remained bullish on Coinbase Global Inc (NASDAQ:COIN) stock despite the stock dropping by more than 10% since the beginning of March.

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Cathie Wood spends another $9.20 million on Coinbase stock

Cathie Wood bought 162,325 shares of Coinbase Global Inc on Friday. Her stake in the crypto exchange is now worth more than $18 billion. Coinbase stock has already rallied about 70% since the start of 2023.

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Cathie Wood’s ARK buys 74,792 more Coinbase shares

Cathie Wood’s ARK has made a second purchase of Coinbase Global Inc (NASDAQ: COIN) shares in a week as the exchange’s stock continues to rally since the beginning of 2023. In this second purchase, ARK has added 74,792 shares of Coinbase shares to the ARK Innovation ETF.

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Ark Invest Dumps Coinbase Stock Amid SEC Probe

Funds controlled by Cathie Wood dumped shares of Coinbase Global as the exchange faces a probe from the Securities and Exchange Commission. The post Ark Invest Dumps Coinbase Stock Amid SEC Probe appeared first on BeInCrypto.

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Cathie Wood’s ARK Invest sells $75M worth of Coinbase shares due to poor performance

AArk Invest’s trading data for July 25 shows that it sold over 1. 41 million Coinbase Global Inc shares due to poor stock performance amid the bear market and an ongoing investigation by the SEC.

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Cathie Wood’s Ark Invest dumps 1.41 million Coinbase (COIN) shares

Cathie Wood’s Ark Investment Management has sold 1. 4 million shares of its Coinbase Global Inc. (NASDAQ: COIN) shares, according to details shared on Wednesday. The dump happened as the Coinbase stock traded to lows of $52.

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Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets

Shares of Coinbase Global (COIN) dove almost 25% on Wednesday after reporting disappointing first-quarter earnings.

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Ethereum 'likely to capture a portion of the $123 trillion global money supply'

Despite the fact that a bear market might be taking over, fund managers remain hopeful about the crypto-space in the long-term. In fact, the most recent report by Cathie Woods' ARK Investments has claThe post Ethereum 'likely to capture a portion of the $123 trillion global money supply' appeared first on AMBCrypto.

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The Debate on Bitcoin’s Energy Consumption Continues

Twitter CEO Jack Dorsey, along with Cathie Wood’s Ark Invest, are working towards using Bitcoin mining to “accelerate the global energy transition to renewables. ” According to CoinShares, an estimated 74% of the energy used in bitcoin mining actually comes from renewable sources.

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