Tag Archives: social

Cathie Wood’s Ark funds has purchased a total of $352 million worth of Coinbase shares, two days after making its debut on the Nasdaq stock exchange under the ticker, COIN.  Ark Funds’ COIN Acquisition Spree Citing data received by email, Bloomberg reports today that Wood’s funds, including the Ark Innovation ETF, Ark Fintech Innovation ETF, and Ark Next Generation ETF together added 341,186 COIN to their holdings yesterday.  This is the second investment in a roll that...

There are no boring days in crypto. Today, the popular meme coin DOGE skyrocketed to new a new ATH at $0.3. With its mind-blowing surge, Dogecoin became the eighth largest crypto by market cap and surpassed giants like Motorola and Delta Airlines by that metric.  Dogecoin has always been able to grab people’s attention, and the past week or so is no exception.   DOGE traded at $0.06 on April 10th but, and there’s no other word to explain this better, exploded in value in the...

After nearing $64,000, bitcoin’s price has plummeted by about $3,000 in a matter of minutes and tested $61,000. Most altcoins have followed along south with the apparent exception of Dogecoin. DOGE has painted a new all-time high at $0.3 after a triple-digit price surge. Bitcoin Falls by $3K The primary cryptocurrency had a mainly bullish week in which it finally overcame $60,000 and went on to register consecutive all-time highs. Following the latest one at just shy of...

It should be no surprise that more traditional corporations join the crypto fever by investing in bitcoin or adopting blockchain technology. Brevan Howard, a European hedge fund, is the latest asset manager to join the movement. Bloomberg reported that the asset manager is preparing to invest $84,000,000 in digital assets, representing 1.5% of its $5.6 billion hedge fund. Jonny Steindorff and Tucker Waterman, co-founders of crypto investment firm Distributed Global, will...

Despite lacking sufficient institutional demand from its clients, BlackRock’s CEO, Larry Fink, outlined the potential of the cryptocurrency industry, which could become a “great asset class.” He further asserted that crypto investors should not treat digital assets as a substitute for traditional currencies. BlackRock’s CEO Fascinated by Crypto Ever since the start of the current bull market in late 2020, the world’s largest asset manager, BlackRock, has been frequently...

In another step towards reducing the high fees on its blockchain, Ethereum’s latest upgrade, dubbed Berlin, has already come into effect. The hard fork arrives with four Ethereum Improvement Proposals (EIPs), but many users have complained about network errors. Berlin Hard Fork is Here for Ethereum The high utilization of the Ethereum blockchain, being the predominant underlying technology of DeFi, NFTs, and having numerous stablecoins on top of it, caused several network...

The third-largest bank in France, as well as one of the leading banks in the whole world, Societe Generale, has issued its first structured product as a security token. The bank has chosen Tezos’ blockchain as the underlying network. Following the first covered bond security token issuance for 100 million euros on Ethereum’s blockchain back in April 2019, Societe Generale issued its first structured product as a security token registered on the Tezos public blockchain....

Roughly two years after adding Tether (USDT) to its blockchain, TRON has reached a significant milestone by outplacing Ethereum as the network with the highest amount of USDT on it. As of now, over half of all the Tether in circulation is on Justin Sun’s brainchild. TRC-20 USDT Surpasses ERC-20 USDT CryptoPotato reported back in 2019 the partnership between TRON and Tether – the company behind the largest stablecoin provider. Launching on TRON came as a diversification for...

Coinbase finally started trading on Nasdaq today. The leading US-based cryptocurrency exchange became the first major exchange to have its shares publicly traded. Coinbase’s direct listing on Nasdaq was undoubtedly one of the most highly anticipated events in the entire cryptocurrency industry and the fintech world alike. It took place moments ago, and according to the official website of Nasdaq, COIN shares had a debut price of $381. At the time of this writing, however, the...

Paying homage to Satoshi Nakamoto and his message embedded in the Bitcoin Genesis Block in 2009, Coinbase has done the same today. On the day they’re set to become a publicly traded company, the exchange asked a large Bitcoin mining pool to embed a note in the Bitcoin blockchain in regards to the latest stimulus bill.  When launching the Genesis Block of the first-ever cryptocurrency in January 2009, the anonymous creator(s) embedded the following message referring to the...