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Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood


Cathie Wood-led Ark Invest sold 35,509 Coinbase shares worth $6.89 million, 444,853 Robinhood shares worth $6.94 million, and 2,724 Nvidia shares worth $2.15 million on Feb. 26. The post Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood appeared first on Cryptonews

Dechat Accidentally Shares Honeypot Scam Link in Token Announcement


New Web3 project Dechat has drawn attention after unintentionally sharing a honeypot scam link during its token announcement on February 26. This mistake was brought to the project’s notice by popular crypto investigator ZachXBT. The post Dechat Accidentally Shares Honeypot Scam Link in Token...

FTX Cleared to Sell Its Stake in AI Startup Anthropic: Report


Bankrupt cryptocurrency exchange FTX has been permitted to sell its shares in the artificial intelligence firm Anthropic, according to an issue ordered by U.S. Federal Judge John Dorsey on Thursday, reports Reuters. The post FTX Cleared to Sell Its Stake in AI Startup Anthropic: Report appeared...

Cathie Wood’s ARK Sells More Coinbase Stock Amid Bitcoin Surge


ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million worth of Coinbase shares from...

Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst


Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...

Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients


Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares worth over $1.3b as part of efforts to reimburse customers. In a Feb. 14 hearing conducted via Zoom, Judge Sean Lane signed...

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares


Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global Holdco LLC secured Judge Sean...

Grayscale and DCG Object to Genesis’ $1.6B Trust Shares Liquidation Plan


On February 12, Digital Currency Group (DCG) and Grayscale raised objections to bankrupt lender Genesis’ plan to sell off its assets. This includes shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), amounting...

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