Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Cathie Wood
Cathie Wood Dumps $75M Coinbase Shares Amid SEC Probe
Cathie Wood’s fund management firm Ark Invest has let go of 1.4M of its Coinbase shares. News of this emerged via the firm’s daily trade data release earlier today. Wood Offloads 1.4M Shares Ark is Coinbase’s third-biggest shareholder with COIN holdings nearing 9 million as of late last month. A Bloomberg release revealed that with this liquidation the company conducted its first COIN dump this year. Ark sold the shares in a $75M deal involving 3 of its operational exchange-traded…
3 years ago