Tag Archives: block

CoinspeakerARK Invest Sells $50M Worth of Coinbase (COIN) Stock amid Recent Rally ARK's recent offloading of Coinbase shares stands out as one of its significant divestments in 2024. Prior to Thursday's sale, ARK sold off 270,365 shares of Coinbase on March 11. ARK Invest Sells $50M Worth of Coinbase (COIN) Stock amid Recent Rally

Amidst the sell-off, Ark Invest has strategically acquired 158,334 shares ($12.1 million) in Jack Dorsey’s Block Inc for its Next Generation Internet ETF.  Ark Invest, a renowned asset management firm led by Cathie Wood, has been making strategic adjustments to its portfolio, most notably in its dealings with Coinbase Global Inc (NASDAQ: COIN) and Grayscale Bitcoin Trust (GBTC). According to the company’s recent trade filing, Ark Invest sold additional tranches of Coinbase shares,...

While Wallet of Satoshi has exited the US market for now, the company expressed hope for a potential return. Wallet of Satoshi (WoS), a popular Bitcoin (BTC) Lightning payments app, has mysteriously disappeared from both Apple Inc‘s (NASDAQ: AAPL) App Store and Google’s Play Store in the United States. This development comes at a time when the app is on the brink of processing over 1 million transactions for the month of November. The Disappearance Wallet of Satoshi Early today, users and...

Die digitale Währung Litecoin (LTC) hat seit ihrer Einführung im Jahr 2011 eine bemerkenswerte Entwicklung durchgemacht. Ursprünglich als Bitcoin-Fork konzipiert, hat sie sich zu einer eigenständigen digitalen Währung mit einer aktiven Community und einer breiten Akzeptanz entwickelt. Während Litecoin im Laufe der Jahre viele Höhen und Tiefen erlebt hat, bleibt die Frage, ob der Preis jemals die Marke von 1’000 US-Dollar erreichen kann, von großem Interesse für Investoren und Enthusiasten....

CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally

CoinspeakerBlock Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments. Block Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales

Block – the company formerly known as Square and run by Jack Dorsey of (past) Twitter fame – is looking into building what it’s calling a “mining development kit (MDK). Block Wants to Boost Bitcoin Mining Opportunities The goal is to establish a do-it-yourself bitcoin and crypto mining kit that retailers and individuals can use to extract their own units from the blockchain. Dorsey and his crypto-fanatical cronies are hoping this will help to educate more people about...

Bitcoin and other forms of digital currency may have been hit hard pricewise over the last 13 months, but Block – the payment company formerly known as Square and started by ex-Twitter head Jack Dorsey – has posted strong growth revenue and profits for the fourth quarter of 2022 primarily thanks to its Cash App digital wallet protocol. Block and Bitcoin… A Perfect Match? Bitcoin suffered its worst year on record in 2022. The world’s number one digital currency by market...

Block said it is working with the SEC on how to “explore legal action against Hindenburg Research for the factually inaccurate and misleading report”. American multinational financial technology giant Block Inc (NYSE: SQ) is currently under intense pressure following a damning report from short seller, Hindenburg Research. According to the report, Hindenburg Research accused Block of running a fraudulent operation that takes advantage of the demographics it claims to serve, the unbanked....

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