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Cryptocurrency Market News

  • ARK buys $246M of Coinbase stock, adds COIN to three ETFs
    Cointelegraph.com News - 11 hours ago
    ARK Invest has spread nearly 750,000 COIN shares across three of its ETFs. Three exchange-traded funds offered by Cathie Wood’s ARK Invest purchased 749,205 shares in Coinbase Global, Inc (COIN) worth roughly $246 million combined.The ARK Innovation ETF (ARKK) now holds 512,535 COIN shares, while the ARK Next Generation Internet ETF (ARKW)…
  • Macau poised to amend laws to enable digital yuan trials
    Cointelegraph.com News - 12 hours ago
    Macau’s government is taking steps towards introducing a digital currency to combat tax evasion and money laundering in the gambling hub. Macau is pushing forward with preparations fo the roll out China’s digital yuan, which could help crack down on tax evasion in its opaque gambling industry. On April 13, Ho lat…
  • You can already invest in hundreds of ETFs with exposure to Bitcoin
    Cointelegraph.com News - 14 hours ago
    Despite the lack of United States-based Bitcoin ETF, hundreds of funds have made significant investments into the blockchain and crypto industries. Numerous U.S.-traded exchange-traded funds, or ETFs, are loading up on shares in the world’s top crypto firms.According to ETF.com, hundreds of funds have invested in publicly-listed companies that are holding BTC…
  • Bitcoin power consumption ‘66 times higher than in 2015’: Citigroup
    Cointelegraph.com News - 14 hours ago
    However energy consumption has not matched the 170X price increase over the same period. The Bitcoin energy consumption debate is heating up faster than the planet, with corporations facing pushback from the public and shareholders over Bitcoin investments.According to a Citigroup Inc. report, Bitcoin is consuming 66 times more electricity than it…
  • Grayscale tops $50 billion: ‘Will soon pass world’s largest commodity ETF’
    Cointelegraph.com News - 14 hours ago
    Grayscale continues to grow, passing $50 billion. That’s equivalent to the world’s second-largest commodity ETF. Major U.S. asset manager Grayscale has just surpassed $50 billion in cryptocurrency assets under management for the first time. Grayscale’s AUM is creeping ever closer to the $57 billion holdings of the largest commodity ETF. MILESTONE: We…

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