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Ark Invest sells $3.9m worth of Coinbase shares amid price drop following Powell's hawkish speech

Ark Invest sold $3.9 million in Coinbase shares amid a COIN price drop following a hawkish Fed stance, affecting market sentiment and resulting in significant cryptocurrency movements.

theblock.co • 19/12/2024 - 11:35 AM

Hong Kong's HashKey Group launches Ethereum Layer 2 HashKey Chain on mainnet

HashKey Group launched HashKey Chain on mainnet, achieving 25M transactions during testnet, and introduced a grant program, reinforcing its position in cryptocurrency and blockchain services.

theblock.co • 18/12/2024 - 11:47 AM

Global crypto investment product YTD inflows quadruple any other year: CoinShares

Global crypto funds saw inflows of $3.2 billion, reaching a record $44.5 billion this year, driven by Bitcoin and Ethereum ETFs amid rising prices.

theblock.co • 16/12/2024 - 11:16 AM

Galaxy Digital appoints Tony Paquette from Steve Cohen-founded Point72 as CFO

Tony Paquette has been appointed CFO of Galaxy Digital, bringing over 25 years of experience in financial services and fintech to enhance the firm's growth and operations.

theblock.co • 13/12/2024 - 14:40 PM

Sol Strategies plans Nasdaq listing after 2,336% stock surge since July on Canadian exchange

The publicly-traded crypto holding company has reported a 2,336% increase in stock performance since July, as it continues to shed previous investments and double down on supporting the Solana ecosystem.

theblock.co • 12/12/2024 - 22:50 PM

The Daily: BlackRock recommends 1-2% bitcoin allocation, Step Finance plans tokenized stocks on Solana and more

BlackRock suggests 2% bitcoin allocation, Step Finance targets tokenized stocks on Solana, Avalanche raises $250M, and more developments in crypto and blockchain technologies.

theblock.co • 12/12/2024 - 19:08 PM

US spot Bitcoin ETFs surpass 500,000 BTC in cumulative net inflows

U.S. spot Bitcoin ETFs surpassed 500,000 BTC in inflows, with significant growth led by major funds like BlackRock's IBIT and Fidelity's FBTC, outpacing Satoshi's holdings.

theblock.co • 12/12/2024 - 10:52 AM

Bernstein predicts MicroStrategy's momentum to further accelerate amid potential Nasdaq 100 inclusion

Bernstein analysts expect MicroStrategy's strong performance to continue with Nasdaq 100 inclusion, despite concerns over premiums to NAV and its heavy bitcoin investments.

theblock.co • 11/12/2024 - 12:01 PM

US spot Bitcoin ETFs surpass Satoshi's estimated 1.1 million BTC holdings

U.S. spot Bitcoin ETFs have surpassed Satoshi Nakamoto's estimated 1.1 million BTC holdings, becoming the largest holders while attracting over $33 billion in inflows since trading began.

theblock.co • 06/12/2024 - 17:55 PM

21Shares CEO points to 'inflection point in the global order' as crypto hits mainstream popularity

Spot Bitcoin ETFs near anniversary with $600 billion trading volume; Bitcoin price skyrockets to over $100,000, fueled by institutional support and stablecoin adoption.

theblock.co • 06/12/2024 - 13:24 PM

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