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 […]