VanEck files for Solana ETF, Ether supply inflates, and more: Hodler’s Digest, June 23-29
VanEck seeks approval for Solana ETF, ETH supply rises 73 days in a row, and Satoshi-era wallet moves Bitcoin.
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ARK offloads $5.2M in Coinbase stock amid 18-month high
ARK Invest, one of the companies that filed an application for a spot Bitcoin exchange-traded fund (ETF), is again taking profits on its Coinbase shares as the stock price surges.On Nov. 27, ARK sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF, according to a trade notification seen by Cointelegraph. Coinbase stock reached $119.7 per
Binance.US Opens Beta Testing of iOS App to All Users
Binance’s crypto exchange for United States-based users, Binance.US, has opened beta testing of its iOS application to all users.The exchange announced the news in a Dec. 30 tweet, revealing the successful private beta test and inviting all of its clients to participate in the iOS beta. The private beta testing phase began on Dec. 18,…
Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week
Bitcoin price has seen a record inverse correlation with the Chinese yuan (CNY) this week, according to an analysis from Bloomberg on Sept. 6. This suggests that investors are using the digital currency as a hedge against the yuan’s falling value.Bitcoin/CNY correlation chart. Source: Bloomberg Weakening yuan causes price premium on bitcoin in ChinaFurther evidence that…
Report: QuadrigaCX Wallets Have Been Empty, Unused Since April
Big Four audit firm Ernst & Young (EY) released its “Third Report of the Monitor” in the creditor protection proceedings of Canadian crypto exchange QuadrigaCX on March 1.Within the report, the audit firm has identified six separate crypto wallets that were used primarily to store Bitcoin (BTC), the cryptocurrency most used on the platform. Apart…
Cathie Wood’s ARK resumes Coinbase buying as BTC drops below $50K
ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million.
Breaking: US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler
"U.S. capital markets must be protected from a tyrannical Chairman, including the current one," Congressman Warren Davis wrote in reference to SEC head Gary Gensler. 3987 Total views 19 Total shares United States Congressman Warren Davidson has introduced the "SEC Stabilization Act" into the House of Representatives, announced on June 12. One of the bill's…
Judge won’t block Coinbase from delisting wBTC over Justin Sun claims
Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 after a challenge in federal court.
Aussie regulator flagged concerns about FTX months before collapse: Report
Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents. 369 Total views 1 Total shares Own this piece of history Collect this article as an NFTAustralia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as much as eight months before the exchange…