Tag: Stock

Rocket Lab Stock Up 4% after Launching First Space Mission on US Soil

Rocket Lab has started the year on a very promising pedestal. American space and rocket engineering firm, Rocket Lab USA Inc (NASDAQ: RKLB) is seeing impressive growth in its stock price after it successfully completed its first space mission on US soil. As reported by Reuters, the launch took place on Tuesday from the firm’s new launch pad at the NASA-operated Wallops Flight Facility on Wallops Island, Virginia. The company made use of its flagship Electron Rocket, a 40-foot tall rocket that is replaceable. The company’s Virginia mission was initiated…

Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company

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Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales.  According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain 249,315 shares of Coinbase stock. At the time of publication, Coinbase stock was valued at $54.28 per share, by Google Finance.  Chatterjee joined Coinbase from Google in February 2020 with a salary of just under $1 million per year. In recognition of Chatterjee’s contributions to the company, Coinbase and…

Argo Blockchain regains stock listing compliance with Nasdaq

The Bitcoin (BTC) mining company Argo Blockchain has regained stock listing compliance with Nasdaq, which coincides with the recent positive movement seen on cryptocurrency markets. Amidst the recent uptick in share price, Argo made the formal announcement on January 23 that the firm had once again achieved compliance with the minimum bid price guideline imposed by Nasdaq. Argo has been advised by the Nasdaq stock market listing requirements department that it has successfully satisfied a criteria to maintain a minimum closing bid price of $1 for ten consecutive trading days…

Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40%

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Cathie Wood’s Ark Invest offloaded a chunk of its Grayscale Bitcoin Trust (GBTC) shares since November’s Bitcoin (BTC) price lows, the latest data shows. Cathie Wood’s Ark short-term cautious on GBTC Ark Invest added 450,272 GBTC shares worth $4.5 million to its ARK Next Generation Internet ETF (ARKW) in November 2022. At the time, GBTC was trading in the $7.46-$9.48 range versus $12.25 in January 2023. GBTC price, of course, recovered alongside Bitcoin, rising roughly 40% from its November lows. The recovery in January also helped reduce the GBTC “discount” from nearly…

Roblox Stock Jumps 12% as December 2022 Metrics Report Shows Increase in Bookings

The company’s stock has increased more than 30% since the year started and has grown 36.52% over the past month. Online game company Roblox Corporation (NYSE: RBLX) saw its shares jump following the release of its December 2022 metrics report. The company’s shares closed up 11.77% on Tuesday on news that its bookings for the year grew. According to the December 2022 key metrics, Roblox estimated bookings were between $430 million and $439 million, resulting in a 17% gain in the month. Notably, bookings is what the online game platform…

European Finance Ministers Take Stock of Digital Euro Progress

In its discussions, the Eurogroup observed that the digital euro should complement and not replace cash, be assigned a legal tender status, and ensure a high level of privacy. The group also added that the CDBC should be widely accessible to the public, guarantee access to central bank money for euro area users, and its design should consider environmental implications. Source

Gareth Soloway Latest Prediction For BTC And ETH In 2023

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Crypto service Tap Global becomes first 2023 listing on UK stock exchange

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UK crypto app Tap Global has become the first 2023 listing on the Aquis Stock Exchange (AQSE), according to a press release from the company. The listing was accomplished through a reverse takeover by Quetzal Capital, according to a press release on Jan. 10. The first #AQSE listing this year. Thank you to @SimonPeterHunt of The Evening Standard (@standardnews) for covering the news of our stock market debut. #TAP #RTO #PLC Full article: https://t.co/NK5Wp2VqjG — Tap Global Group Plc (@TapGlobalPlc) January 10, 2023 Tap provides fiat banking services, a crypto…

Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40% – Finance Bitcoin News

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The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in customer deposits. The share price plunge came just days after U.S. prosecutors reportedly seized collapsed crypto exchange FTX’s accounts held at the bank. Alan Lane, the CEO of Silvergate, denied allegations that the bank does not adhere to banking rules. Silvergate to Cut Workforce by 40% The value of the shares of the crypto-focused bank Silvergate Capital reportedly plunged by more than 40% after it reported a…

Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase

Cathie Wood, veteran investor and CEO of ARK Invest, remains bullish on the cryptocurrency industry and centralized exchanges (CEX) despite the bear market and the crypto crisis. Wood’s investment management firm ARK continues accumulating the stock of the major United States cryptocurrency exchange, Coinbase. On Jan. 5, ARK purchased 144,463 Coinbase (COIN) shares for allocation by its financial technology-focused fund, ARK Fintech Innovation ETF (ARKF), according to a trade notification seen by Cointelegraph. At the time of writing, the purchase is worth $4.8 million, with COIN closing at $33.5 on…