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 […]

Analysts Expect a New Ethereum ATH, Despite $ETH Dropping 6% in 24H From Its $3,800 Price Point

$ETH dropped 6% in the last 24 hours after touching on its target of $3.800, but crypto analysts still predict a new ATH soon. According to a Glassnode report, $ETH owes its 6% contraction to long-term holders withdrawing their gains mid-rally. As the report states: ‘Glassnode’s Net Unrealized Profit/Loss (NUPL) metric shows that Ethereum investor […]

Arthur Hayes Sells $13 Million In Ethereum, PEPE And Ethena – Here’s Why

BitMEX co-founder and key crypto figure Arthur Hayes has recently offloaded $13 million in Ethereum (ETH), Pepe (PEPE), and Ethena (ENA). While this market sell-off may be linked to a broader crypto market decline, Hayes has shared other insights backing this cautious market move. Related Reading: Bitcoin Finds A Corporate Home—Treasuries Now Hold Over $100-B: […]

XRP Gains Momentum As Analyst Calls It The ‘Smartest Crypto’ To Buy

With inflation nibbling away at savings and stocks delivering modest returns, many investors are looking elsewhere. A $500 investment in the S&P 500, for example, could earn just $50 a year if the average 10% return holds up. For those willing to accept more risk, cryptocurrency continues to draw interest—especially XRP, which is now being […]