Tag: Stock

Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows

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Bitcoin (BTC) firms’ shares are a major “buy” for asset manager ARK Invest in the midst of the FTX meltdown. The latest data confirms that ARK continues to up its holdings of both exchange Coinbase (COIN) and the Grayscale Bitcoin Trust (GBTC). Cathie Wood buys the dip With FTX contagion still rippling through the crypto industry, ARK’s decision to add exposure to two firms caught in the firing line stands out. According to numbers supplied by CEO Cathie Wood’s dedicated tracking resource, Cathie’s Ark, the firm added 176,945 GBTC shares…

GBTC Bitcoin discount nears 50% on FTX woes as investors stock up

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The largest Bitcoin (BTC) institutional investment vehicle is coming under suspicion as it trades at a record discount. The Grayscale Bitcoin Trust (GBTC) is the latest Bitcoin industry entity to feel the heat from the debacle over defunct exchange FTX. FTX woes see Coinbase pledge trust in GBTC owner With contagion and fears over a deeper market rout everywhere in Bitcoin and altcoins at present, misgivings are impacting even the best-known — and trusted — crypto industry names. In recent days, it was the turn of GBTC, the long-embattled Bitcoin…

The Coming Depression & Crash… | Kevin O’Leary Latest Market Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Coming Depression & Crash… | Kevin O’Leary Latest Market Update – Latest Prediction on Economy, Crypto, Bitcoin, Ethereum, Stock Market, Recession & Crash Fears Shark Tank Star Kevin O’Leary believes that all the financial experts and economists have got this market completely wrong, with most pundits calling for a deep & sharp recession where as he on the contrary, is seeing huge amounts of consumer demand across his businesses & shockingly low un employment. O’Leary believes that this recession is unique…

Will the Crypto Market Survive? | Coinbase Stock Earnings Collapse

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase Stock looks to be in trouble after missing Earnings and EPS. They reported a huge miss of -$4.98 per share! BREAKING Coinbase earnings are IN! They had a monumental miss and, as of now, they are COLLAPSING after hours! Coinbase is an interesting company. To be a buyer of Coinbase stock, you must be a proponent of crypto in some way. Crypto, of course, has plummeted this year, which is likely why the crypto exchange platform is struggling. COIN stock has…

Aussie stock exchange abandons blockchain plans, leaving $170M hole

The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled. In a Nov. 17 statement, ASX announced it had paused all current activities of its “CHESS replacement project” following an independent review from technology consulting firm Accenture, which identified “significant challenges with the solution design and its ability to meet ASX’s requirements,” stating: “Current activities on the project have been paused while ASX revisits the solution design.” For the last five years, ASX…

BINANCE just DESTROYED FTX! CRYPTO HOLDERS: I'M SCARED!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The MOST INSANE day in crypto just happened. FTX (as we know it) is no more. Seems like this was part of CZ Binance’s master plan all along. In this video I breakdown & explain everything. Vote Altcoin Daily for Best News Source & Influencer of the Year: Join us in Miami for Dcentral: Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Most crazy day…

OMG… Big Crypto News Today! (Cardano, Bitcoin, Ethereum, & More)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Why I’m SO BULLISH on Cryptocurrency going into August. Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the WHOLE Video) 0:13 – Number of entities with less than 1 bitcoin hits new ATH! 0:54 – Over 100,000 Cuban citizens rely on bitcoin & crypto for their day-to-day live. 1:38 – Video Clip: Cuba adopting crypto 4:02 – Chipotle doing BIG crypto promotions (crypto…

FTX debacle sees Nansen take stock of major exchange onchain holdings

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The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management. Major cryptocurrency exchanges like Binance, Huobi, OKX and Crypto.com have made efforts to share details of their assets and portfolios to assuage the wider space. This comes after investor confidence has been shaken, with users across the ecosystem moving Bitcoin (BTC) and other tokens off exchanges to avoid potential contagion from the FTX fallout. Blockchain analytics platform Nansen provides industry insights and is known for…

Bitcoin Moves Differently From US Stock Market, Correlation Weakening?

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Data shows while Bitcoin has been correlated with the US stock market for some time now, the two haven’t moved in tandem recently. Bitcoin Correlation With US Stocks May Be Weakening As BTC Has Been Moving Differently As pointed out by an analyst in a CryptoQuant post, BTC has gone down in the past week while stocks have made some gains. A “correlation” between two assets (or markets) exists when both their prices follow the same general trend over a period of time. For Bitcoin, there has been a strong…

Michael Saylor and Gary Gensler REACTS To Latest FTX Crash

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor and Gary Gensler REACTS To Latest FTX Crash 🚀 Retire With A Crypto IRA/401k – 💰 No Setup Fees, No Cancellation Fees 💎 Join Our Official Telegram Channel – 🐦 Join Us On Twitter – DISCLAIMER: We may receive a small commission for any purchases made through our affiliate links. Thanks For Watching Our Video 🤗 Please, like, comment, subscribe, and ring the bell! EVERYTHING helps us grow!. Subscribe Here: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ #ftx #sbf #savvyfinance Welcome to “Savvy Finance 🤝…