ARK Invest Sells off 133,000 Coinbase Shares as BTC ETF Approval Nears
Cathie Wood’s ARK Invest sold 133,823 of its Coinbase shares on January 5, bringing the daily closing price from $153.98 to $152.67. A sale of 107,151 Coinbase shares from its ARK Innovation ETF (ARKK), 15,892 shares from its ARK Next Generation Internet ETF (ARKW), and 10,780 shares from its ARK Fintech Innovation ETF (ARKF) were […]
BlackRock Plans Layoffs Amid Spot ETF Approval
The world’s largest money management company, BlackRock, will allegedly announce layoffs affecting 600 workers worldwide, or around 3% of the workforce. With this move, BlackRock is preparing for the Securities and Exchange Commission (SEC) of the United States to approve its spot Bitcoin exchange-traded fund (ETF). Even though the internal description of the layoffs is […]
OKX Will list BONK, JTO on Spot Trading Platform
Two well-liked tokens in the cryptocurrency world have been listed on OKX, one of the biggest exchanges. On January 8th, the OKX exchange announced that the spot platform would list the tokens for Jito (JTO) and Bonk (BONK). Pairs trading with JTO/USDT and BONK/USDT is also possible, as are deposits in the two toxins. Asset […]
SEC to Approve Spot Bitcoin ETF in Coming Days
In the coming days, the US Securities and Exchange Commission (SEC) is expected to render a decision on the approval of the spot Bitcoin ETF. Reportedly, the United States Securities and Exchange Commission (SEC) will likely decide in the coming days whether or not to approve the spot Bitcoin ETF, contingent on the 19b-4 and […]
South Korea to Introduce Regulations for Virtual Assets Distribution
The implementation of comprehensive regulations for virtual assets by the FSS of South Korea reshapes the crypto landscape. The forthcoming publication of exhaustive guidelines by the Financial Supervisory Service (FSS) will profoundly impact the trajectory of cryptocurrency regulation in South Korea. This will be an instrumental moment in the oversight of virtual assets. The primary […]