Cryptocurrency
ARK Invest resumes crypto buying spree, adds BitMine and Bullish shares
ARK Invest has ramped up its exposure to crypto-linked equities, scooping up more BitMine Immersion Technologies and Bullish shares across several of its exchange-traded funds as markets continued to slide.According to ARK’s daily trade disclosures from Friday, the ARK...
Cryptocurrency
Crypto oversight by CFTC over SEC is ‘directionally correct’ — Jeff Park
Despite some complexities around the recently proposed crypto market structure bill, a clearer picture is starting to form regarding crypto market oversight, according to ProCap BTC chief investment officer Jeff Park.“The CFTC will own a larger domain over crypto...
Cryptocurrency
Bitfarms to Wind Down Bitcoin Mining Operations, Announces AI Pivot
Bitfarms’ CEO Ben Gagnon announced that the company was focused on abandoning the bitcoin mining business and converting its sites to support artificial intelligence workloads in the following two years. The company’s facility in Washington will be spearheading this...
Cryptocurrency
How Low Bitcoin (BTC) Price Can Fall? Analyst Sets $84K as Downside Target
Bitcoin BTC$96,221.39 saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May.The largest cryptocurrency is again underperforming U.S. stocks, with major U.S....
Cryptocurrency
This Analyst Called The Bitcoin Crash Below $20,000 In 2021, He’s Back With A Shocking Prediction For Solana
A crypto analyst who famously forecasted the dramatic Bitcoin (BTC) crash to $20,000 in 2021 has caught the attention of investors and traders with a new warning about Solana (SOL). In a technical analysis, he identifies a critical resistance...
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Communist and far-right candidates head to Chile presidential run-off
Chile's presidential election will go to a run-off vote in December between a Communist Party and a far-right candidate,...