Coinbase surge triggers ARK Invest’s $52M profit-taking move
Cryptopolitan (RSS)
ARK Invest, led by Cathie Wood, has recently made significant moves in its investment portfolio, selling off a substantial portion of its holdings in Coinbase amid a surge in the stock’s price. ARK divested 199,526 Coinbase shares from its exchange-traded funds (ETFs), totaling approximately $52.3 million based on Coinbase’s closing price that day.
ARK profit-taking strategy amid Coinbase’s record highs
The decision to sell comes as Coinbase’s stock price reached multi-year highs, surpassing $270 for the first time since December 2021. This move follows a pattern of profit-taking by ARK, which has been gradually reducing its exposure to Coinbase since early 2023.
Despite the sell-off, Coinbase shares have experienced remarkable growth, with prices up nearly 250% over the past six months.
This recent sale marks one...
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Cryptopolitan (RSS)
ARK Invest, led by Cathie Wood, has recently made significant moves in its investment portfolio, selling off a substantial portion of its holdings in Coinbase amid a surge in the stock’s price. ARK divested 199,526 Coinbase shares from its exchange-traded funds (ETFs), totaling approximately $52.3 million based on Coinbase’s closing price that day.
ARK profit-taking strategy amid Coinbase’s record highs
The decision to sell comes as Coinbase’s stock price reached multi-year highs, surpassing $270 for the first time since December 2021. This move follows a pattern of profit-taking by ARK, which has been gradually reducing its exposure to Coinbase since early 2023.
Despite the sell-off, Coinbase shares have experienced remarkable growth, with prices up nearly 250% over the past six months.
This recent sale marks one...
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Ethereum Price Prediction: ETH Targets $5000 Following Dencun Upgrade, Retik Finance (RETIK) and Solana (SOL) Emerge as Strong Picks for Bull Run Gains
Cryptopolitan (RSS)
The long-awaited Dencun upgrade on the Ethereum mainnet has sparked significant excitement within the cryptocurrency community. This upgrade, centered around Ethereum Improvement Proposal (EIP) 4844, aims to enhance blockchain scalability by expanding the capacity for data “blobs.” As Ethereum undergoes this transformative change, investors are eagerly eyeing the potential impact on the price of Ethereum (ETH) and its implications for other projects like Retik Finance (RETIK) and Solana (SOL).
Dencun Upgrade Overview
The Dencun upgrade, also known as “proto-danksharding,” is a significant milestone for Ethereum, marking one of the largest single hard forks in terms of improvements deployed. With the incorporation of nine Ethereum Improvement Proposals (EIPs), Dencun represents a comprehensive effort to enha...
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Cryptopolitan (RSS)
The long-awaited Dencun upgrade on the Ethereum mainnet has sparked significant excitement within the cryptocurrency community. This upgrade, centered around Ethereum Improvement Proposal (EIP) 4844, aims to enhance blockchain scalability by expanding the capacity for data “blobs.” As Ethereum undergoes this transformative change, investors are eagerly eyeing the potential impact on the price of Ethereum (ETH) and its implications for other projects like Retik Finance (RETIK) and Solana (SOL).
Dencun Upgrade Overview
The Dencun upgrade, also known as “proto-danksharding,” is a significant milestone for Ethereum, marking one of the largest single hard forks in terms of improvements deployed. With the incorporation of nine Ethereum Improvement Proposals (EIPs), Dencun represents a comprehensive effort to enha...
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Ripple CEO challenges SEC over Ethereum security status
Cryptopolitan (RSS)
Ripple’s CEO, Brad Garlinghouse, has publicly voiced his opinion on the ongoing legal efforts by the U.S. Securities and Exchange Commission (SEC) to classify Ethereum (ETH) as a security. Taking to the X platform, Garlinghouse remarked on the SEC’s past legal challenges within the cryptocurrency sector, noting the commission’s historical difficulties. He referenced the SEC’s attempts to regulate the crypto industry, including its notable legal dispute with Ripple over XRP. Garlinghouse highlighted the SEC’s failure to win its case against XRP and questioned when the commission would acknowledge its potential defeat in trying to classify ETH similarly.
The debate around Ethereum’s classification has intensified following Coinbase’s Chief Legal Officer...
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Cryptopolitan (RSS)
Ripple’s CEO, Brad Garlinghouse, has publicly voiced his opinion on the ongoing legal efforts by the U.S. Securities and Exchange Commission (SEC) to classify Ethereum (ETH) as a security. Taking to the X platform, Garlinghouse remarked on the SEC’s past legal challenges within the cryptocurrency sector, noting the commission’s historical difficulties. He referenced the SEC’s attempts to regulate the crypto industry, including its notable legal dispute with Ripple over XRP. Garlinghouse highlighted the SEC’s failure to win its case against XRP and questioned when the commission would acknowledge its potential defeat in trying to classify ETH similarly.
The debate around Ethereum’s classification has intensified following Coinbase’s Chief Legal Officer...
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Kenya defies US pressure, maintains Worldcoin suspension
Cointelegraph.com News (RSS)
Kenya’s Interior Cabinet Secretary said that Kenya has encountered pressure from the U.S. government to lift the suspension on Worldcoin’s activities.
Cointelegraph.com News (RSS)
Kenya’s Interior Cabinet Secretary said that Kenya has encountered pressure from the U.S. government to lift the suspension on Worldcoin’s activities.
WisdomTree wins NYDFS trust company charter
Cointelegraph.com News (RSS)
The charter will enable WisdomTree’s newly founded entity to offer crypto custody, stablecoin issuance, and stablecoin reserve management services.
Cointelegraph.com News (RSS)
The charter will enable WisdomTree’s newly founded entity to offer crypto custody, stablecoin issuance, and stablecoin reserve management services.
ETF staking addition is ‘positive development,' says ETC Group exec
Cointelegraph.com News (RSS)
The staking aspect of Ethereum ETFs is important because it’s similar to dividends in equities, ETC Group’s Chanchal Samadder believes.
Cointelegraph.com News (RSS)
The staking aspect of Ethereum ETFs is important because it’s similar to dividends in equities, ETC Group’s Chanchal Samadder believes.
Avalanche continues memecoin push with $1M reward for liquidity providers
Cointelegraph.com News (RSS)
Avalanche, which started to dive into memecoins in December, has announced it will use a $100 million fund to buy Avalanche-based community tokens.
Cointelegraph.com News (RSS)
Avalanche, which started to dive into memecoins in December, has announced it will use a $100 million fund to buy Avalanche-based community tokens.
Reddit IPO Price Soars, Here’s Why?
CoinGape (RSS)
After three years of waiting, the Reddit IPO was finally made live yesterday with the stock ticker RDDT. The IPO went live on the New York Stock Exchange with a Reddit IPO Price of $34 per share, which is at the higher end of the IPO range. The platform has set an expected price range of $31-$35, and the community has raised the price above expectations within a day. The successful launch of Reddit IPO is visible as the company shares have jumped by 48% in just a day.
This blog will cover details about the Reddit IPO Price and the reasons behind this successful launch.
Reddit IPO Price Performance
Reddit IPO scored a market cap of $9.5 Billion within just a day when the stock opened at $47 and surged to a high of $57.80. It is around a 70% increase, forming a peak for the day before falling to $50.44 and closing the day.
At this ...
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CoinGape (RSS)
After three years of waiting, the Reddit IPO was finally made live yesterday with the stock ticker RDDT. The IPO went live on the New York Stock Exchange with a Reddit IPO Price of $34 per share, which is at the higher end of the IPO range. The platform has set an expected price range of $31-$35, and the community has raised the price above expectations within a day. The successful launch of Reddit IPO is visible as the company shares have jumped by 48% in just a day.
This blog will cover details about the Reddit IPO Price and the reasons behind this successful launch.
Reddit IPO Price Performance
Reddit IPO scored a market cap of $9.5 Billion within just a day when the stock opened at $47 and surged to a high of $57.80. It is around a 70% increase, forming a peak for the day before falling to $50.44 and closing the day.
At this ...
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7 Best Arbitrum Wallets in 2024
CoinGape (RSS)
Arbitrum is a Layer 2 solution for Ethereum. It leverages Ethereum’s security while enhancing transaction throughput and also reduces fees. It thus helps alleviate network congestion. In the DeFi space, Arbitrum has become one of the most recommended chains along with token $ARB that has experienced around 120% surge in the last 6 months.
When talking about the chain and the token, the next thing that comes is the supported wallets. This article covers a brief analysis on the best Arbitrum wallets in 2024.
The post 7 Best Arbitrum Wallets in 2024 appeared first on CoinGape.
CoinGape (RSS)
Arbitrum is a Layer 2 solution for Ethereum. It leverages Ethereum’s security while enhancing transaction throughput and also reduces fees. It thus helps alleviate network congestion. In the DeFi space, Arbitrum has become one of the most recommended chains along with token $ARB that has experienced around 120% surge in the last 6 months.
When talking about the chain and the token, the next thing that comes is the supported wallets. This article covers a brief analysis on the best Arbitrum wallets in 2024.
The post 7 Best Arbitrum Wallets in 2024 appeared first on CoinGape.
Bybit App Disappears From Apple App Store In India
CoinGape (RSS)
Bybit, a popular crypto exchange, has faced a major setback in the Indian market. On Friday, March 22, the Bybit app was removed from the Apple iOS App Store amid escalating regulatory concerns in the country’s Web3 domain. Moreover, on social media platforms like X, speculations swirled around a regulatory crackdown on Bybit in India.
Bybit Vanishes From Apple App Store
The crypto community was shocked when the Bybit app vanished from the Apple App Store. The exact cause behind the recent development isn’t known yet. However, netizens believe it’s due to the increased regulatory uncertainty in India.
The co-founder of Smart View AI, Pushpendra Singh, took to X and wrote, “Due to regulatory uncertainty, Today #Bybit crypto exchange app has been removed from the Apple App Store in India.” However, the Bybit app is still available on...
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CoinGape (RSS)
Bybit, a popular crypto exchange, has faced a major setback in the Indian market. On Friday, March 22, the Bybit app was removed from the Apple iOS App Store amid escalating regulatory concerns in the country’s Web3 domain. Moreover, on social media platforms like X, speculations swirled around a regulatory crackdown on Bybit in India.
Bybit Vanishes From Apple App Store
The crypto community was shocked when the Bybit app vanished from the Apple App Store. The exact cause behind the recent development isn’t known yet. However, netizens believe it’s due to the increased regulatory uncertainty in India.
The co-founder of Smart View AI, Pushpendra Singh, took to X and wrote, “Due to regulatory uncertainty, Today #Bybit crypto exchange app has been removed from the Apple App Store in India.” However, the Bybit app is still available on...
View original post
Top 10 Upcoming Fair Launch Crypto Presales
CoinGape (RSS)
One of the perks of a bull market is the availability of new projects with good potential. Most of these projects plan to release their tokens, and getting in early is a good strategy. However, the current ICO model only favors a few buoyant investors who eventually dump the token and crash the price once it goes public. But, the concept of fair launches is taking off the inequality. Now, everyone can line up for tokens at the same price. No one gets to get them cheaper and crash down the price. There are a couple of good tokens coming up soon via the fair launch approach. This article takes a look at some of the fair launch sales coming up soon.
However, the projects listed in this article are new. So, it’s important to stay careful, as scams and rug pulls are strong possibilities for new projects.
Top fair launch cryptocurrencies
Project
Chain
Start date
End date
RedPangolinu1
BSC
March 25, 2024
April 1, 2024
BlowFis...
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CoinGape (RSS)
One of the perks of a bull market is the availability of new projects with good potential. Most of these projects plan to release their tokens, and getting in early is a good strategy. However, the current ICO model only favors a few buoyant investors who eventually dump the token and crash the price once it goes public. But, the concept of fair launches is taking off the inequality. Now, everyone can line up for tokens at the same price. No one gets to get them cheaper and crash down the price. There are a couple of good tokens coming up soon via the fair launch approach. This article takes a look at some of the fair launch sales coming up soon.
However, the projects listed in this article are new. So, it’s important to stay careful, as scams and rug pulls are strong possibilities for new projects.
Top fair launch cryptocurrencies
Project
Chain
Start date
End date
RedPangolinu1
BSC
March 25, 2024
April 1, 2024
BlowFis...
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Google Leverages Etherscan for Ethereum Name Service Integration
CoinGape (RSS)
Google has recently broadened its scope in the cryptocurrency domain by integrating with Etherscan for Ethereum Name Service (ENS). This integration aims to enhance visibility and accessibility for crypto users, particularly those involved with Ethereum transactions. Initially, Google allowed users to search for specific public addresses and view wallet balances directly. However, the functionality has now been extended to include ENS domains. This expansion was noted by former ENS core team member Brantly Millegan.
While the integration marks a significant step forward in crypto visibility, some users have reported variability in availability. According to observations, the feature tends to work more consist...
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CoinGape (RSS)
Google has recently broadened its scope in the cryptocurrency domain by integrating with Etherscan for Ethereum Name Service (ENS). This integration aims to enhance visibility and accessibility for crypto users, particularly those involved with Ethereum transactions. Initially, Google allowed users to search for specific public addresses and view wallet balances directly. However, the functionality has now been extended to include ENS domains. This expansion was noted by former ENS core team member Brantly Millegan.
While the integration marks a significant step forward in crypto visibility, some users have reported variability in availability. According to observations, the feature tends to work more consist...
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Breaking: WisdomTree Receives Crypto Custody Launch Approval In New York
CoinGape (RSS)
WisdomTree, a prominent U.S. Spot Bitcoin ETF issuer, has captured the attention of investors following its recent approval from the New York State Department of Financial Services (NYDFS). Notably, this green light allows WisdomTree to expand its crypto services in New York, marking a significant milestone in the company’s journey into the digital asset landscape.
WisdomTree’s Crypto Custody Expansion
WisdomTree is making waves in the crypto market, with its recent NYDFS approval to expand its digital asset services in the U.S. State. Notably, this reported development was lauded by crypto market enthusiasts, especially amid the growing popularity of the cryptocurrency market.
Meanwhile, WisdomTree’s venture into the world of cryptocurrency cust...
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CoinGape (RSS)
WisdomTree, a prominent U.S. Spot Bitcoin ETF issuer, has captured the attention of investors following its recent approval from the New York State Department of Financial Services (NYDFS). Notably, this green light allows WisdomTree to expand its crypto services in New York, marking a significant milestone in the company’s journey into the digital asset landscape.
WisdomTree’s Crypto Custody Expansion
WisdomTree is making waves in the crypto market, with its recent NYDFS approval to expand its digital asset services in the U.S. State. Notably, this reported development was lauded by crypto market enthusiasts, especially amid the growing popularity of the cryptocurrency market.
Meanwhile, WisdomTree’s venture into the world of cryptocurrency cust...
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HECOBridge Exploiters Move 40K Ethereum, Will It Impact ETH Price?
CoinGape (RSS)
In a riveting turn of events, HECOBridge exploiters recently moved over 40K ETH to Tornado Cash, echoing a sense of frenzy across the crypto horizon. Following ETH’s restricted movement observed over the past few days, these colossal ETH transfers unveiled by PeckShieldAlert promptly nabbed significant investor attention, birthing speculations over the transfers potentially being one of reasons for ETH’s weekly dip.
...
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CoinGape (RSS)
In a riveting turn of events, HECOBridge exploiters recently moved over 40K ETH to Tornado Cash, echoing a sense of frenzy across the crypto horizon. Following ETH’s restricted movement observed over the past few days, these colossal ETH transfers unveiled by PeckShieldAlert promptly nabbed significant investor attention, birthing speculations over the transfers potentially being one of reasons for ETH’s weekly dip.
...
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First Mover Americas: Fantom’s FTM Outperforms Market Ahead of Upgrade
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
ENS data from Etherscan now visible in Google search results
Cointelegraph.com News (RSS)
The displayed result showed the address particulars, such as Ether balance and the time of the latest transaction, all collected Etherscan.
Cointelegraph.com News (RSS)
The displayed result showed the address particulars, such as Ether balance and the time of the latest transaction, all collected Etherscan.
Russian Digital Media Exposed for Concealing Racial Slurs in Slang
Cryptopolitan (RSS)
In a concerning revelation, a Ukrainian startup utilizing AI technology has uncovered a disturbing trend of racial slurs embedded within Russian digital media. The startup Osavul, which specializes in analyzing information threats, conducted a comprehensive survey across various online platforms, revealing a proliferation of derogatory language targeting neighboring countries, immigrants, and national minorities.
AI unveils disturbing trend
Osavul’s cross-platform analysis encompassed over 5,000 messages from prominent social media platforms, including Facebook, X, Telegram, and VK, shedding light on the prevalence of hidden racial epithets. These insults, strategically woven into Russian slang, serve to mask negative sentiments towards minorities and immigrants, even extending to the usage by Kremlin officials.
The m...
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Cryptopolitan (RSS)
In a concerning revelation, a Ukrainian startup utilizing AI technology has uncovered a disturbing trend of racial slurs embedded within Russian digital media. The startup Osavul, which specializes in analyzing information threats, conducted a comprehensive survey across various online platforms, revealing a proliferation of derogatory language targeting neighboring countries, immigrants, and national minorities.
AI unveils disturbing trend
Osavul’s cross-platform analysis encompassed over 5,000 messages from prominent social media platforms, including Facebook, X, Telegram, and VK, shedding light on the prevalence of hidden racial epithets. These insults, strategically woven into Russian slang, serve to mask negative sentiments towards minorities and immigrants, even extending to the usage by Kremlin officials.
The m...
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Consensys Completes Strategic Investment in Web3 Infrastructure Provider Entangle
Cryptopolitan (RSS)
Tortola, BVI, March 22nd, 2024, Chainwire
Web3 infrastructure provider Entangle has announced that it has received strategic investment from Consensys. The funding provided by the blockchain incubator takes the total funding received by Entangle to $4M.
In January, Entangle revealed that it had closed a private round that attracted leading VCs such as Big Brain Holdings, Launch Code Capital, Seier Capital, and Skynet Capital. The follow-on investment from Consensys will support Entangle’s goal of building out its interoperable omnichain messaging and liquidity infrastructure.
Consensys’ investment in Entangle forms part of its Linea Ecosystem Alliance, an initiative that has received the backing of VCs such as Amber, Animoca Brands, Blocktower, Electric Capital, ParaFi, and Lemniscap.
Linea is one of several projects Entangle is current...
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Cryptopolitan (RSS)
Tortola, BVI, March 22nd, 2024, Chainwire
Web3 infrastructure provider Entangle has announced that it has received strategic investment from Consensys. The funding provided by the blockchain incubator takes the total funding received by Entangle to $4M.
In January, Entangle revealed that it had closed a private round that attracted leading VCs such as Big Brain Holdings, Launch Code Capital, Seier Capital, and Skynet Capital. The follow-on investment from Consensys will support Entangle’s goal of building out its interoperable omnichain messaging and liquidity infrastructure.
Consensys’ investment in Entangle forms part of its Linea Ecosystem Alliance, an initiative that has received the backing of VCs such as Amber, Animoca Brands, Blocktower, Electric Capital, ParaFi, and Lemniscap.
Linea is one of several projects Entangle is current...
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Microsoft’s AI-integrated Surface devices redefine personal computing
Cryptopolitan (RSS)
Microsoft has just unveiled its latest Surface Pro 10 and Surface Laptop 6 for Business, setting a new standard in personal computing. What’s causing the buzz? It’s the integration of artificial intelligence (AI) into these devices, promises to revolutionize the way we interact with our PCs.
Microsoft redefines user experience with Copilot integration
The introduction of a dedicated Copilot button on the keyboard promises to transform the way users interact with their devices, heralding a new era of AI-infused computing. The centerpiece of the latest release is the addition of the Copilot button, positioned strategically on the keyboard for seamless access.
This innovative feature, a first in the industry in over three decades, underscores the company’s commitment to leveraging AI to enhance user experiences. By inte...
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Cryptopolitan (RSS)
Microsoft has just unveiled its latest Surface Pro 10 and Surface Laptop 6 for Business, setting a new standard in personal computing. What’s causing the buzz? It’s the integration of artificial intelligence (AI) into these devices, promises to revolutionize the way we interact with our PCs.
Microsoft redefines user experience with Copilot integration
The introduction of a dedicated Copilot button on the keyboard promises to transform the way users interact with their devices, heralding a new era of AI-infused computing. The centerpiece of the latest release is the addition of the Copilot button, positioned strategically on the keyboard for seamless access.
This innovative feature, a first in the industry in over three decades, underscores the company’s commitment to leveraging AI to enhance user experiences. By inte...
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