Ark Invest has a tendency to load up on shares in cryptocurrency companies when their prices are depressed, and June was no exception. Bitcoin BTC$58,471.34, the largest cryptocurrency, recorded its worst month in four years, and digital asset firms’ share prices suffered accordingly, which Ark… Read More
Traders may want to keep an eye on LTC$42,16 in the coming weeks and months. One of the earliest altcoins, LTC may see bullish price action, potentially outperforming the broader market, including bitcoin BTC$62.812,86. Here’s why. Litecoin’s fourth reward halving is due around July 27,… Read More
Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it had backed Ethena (ENA), buying the protocol’s token on the open market as the two firms prepare to launch a new onchain savings product for the exchange’s more than 100 million users. Ethena… Read More
With bitcoin holding above $80,000 and stocks pushing to fresh record highs, risk appetite spilled deeper into crypto markets Friday, lifting altcoins and blockchain infrastructure plays. Solana (SOL), Chainlink LINK$9.8379, SUI$1.0255 and DOT$1.3159 rose around 5%, while Near Protocol (NEAR) and Uniswap (UNI) gained roughly… Read More
Cryptocurrency trading giant Coinbase (COIN) said new U.S. tax reporting requirements are overly onerous for many crypto holders and add unnecessary clutter to the country’s taxation system. While the idea is that taxable activity on crypto should be reported in the same way as with… Read More
Bitcoin BTC$65,416.50 fell back below $66,000 Friday in the early U.S. session as mounting macro risks are spooking investors away from risky assets. The largest crypto now has erased most of Wednesday’s surge, plunging 3% from around $68,000 in the past few hours to $65,600… Read More
