Institutional crypto adoption accelerates as Tether expands Bitcoin holdings, miners pivot to AI and Polymarket joins Nasdaq amid $1 billion fund outflows.
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Ark Invest Splashes $47-M On Coinbase, BitMine Shares After US Stock Market Drawdown
Asset management firm Ark Invest has expanded its stock holdings of US-based centralized exchange Coinbase and blockchain technology company Bitmine. This $47 million purchase of crypto-related stocks came on Friday, August 1, following the dip in the US equities market due to weak economic data and newly adjusted tariff policies. Ark Invest Renews Interest In […]
Big Banks Threaten To Sue OCC Over Crypto Rules, Citing Threats To Financial Stability
The traditional banking sector in the United States is reportedly intensifying its opposition to crypto firms and considering a potential lawsuit against the Office of the Comptroller of the Currency (OCC) over federal licenses granted to these companies. According to a Monday report by The Guardian, the Bank Policy Institute (BPI) is evaluating its legal […]