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Always a hub of dynamic activity, the cryptocurrency market currently experiences an intriguing phase. Recent news emphasizes that potential approval for a Solana ETF might usher in an unprecedented investment era and attract billions into this market. Such developments establish a stage where various cryptocurrencies  – Aptos (APT), Sei (SEI), Kaspa (KAS), NEAR Protocol (NEAR) along with emerging Pawfury- can display their unique features and potentials prominently. Pawfury (PAW) - A New Top-Tier Contender  Pawfury (PAW) is rapidly emerging as…

Bitcoin’s value surged to a high of $62,745 late Thursday, bolstered by a significant influx into exchange-traded funds (ETFs). On Thursday alone, Bitcoin ETFs saw a record inflow of $194.6 million, the highest amount in the last two trading weeks. BlackRock’s iShares Bitcoin Trust (IBIT) led this surge, with an inflow of $157.6 million. Following closely, the WisdomTree Bitcoin Fund (BTCW) recorded $118.5 million. Retirement Planning Company of New England Invests in Bitcoin ETF Despite inflows into other ETFs, Grayscale’s…

The post Robinhood Records Impressive Q2 Earnings, Ark Invest Buys Another $2.4M HOOD appeared first on Coinpedia Fintech News Cathie Wood’s Ark Invest has purchased another $2.4 million worth of Robinhood amid positive Q2 2024 earnings. It has bought 145,420 HOOD shares adding to its previous holdings. The wealth manager continues to acquire more of the crypto stock like yesterday. The repositioning of holdings follows a growing uptick in most crypto stocks. On Aug 7, Robinhood announced a better-than-expected result…

With digital currencies taking a downturn, now might be the perfect moment to pinpoint undervalued gems. Certain memecoins show signs of significant growth potential over the next couple of years. This article delves into the top five picks, suggesting potential investments that could capitalize on future market rebounds. Super Trump (STRUMP) Super Trump (STRUMP) is showing signs of potential growth despite recent challenges. Although the price has fluctuated between $0.001 and $0.012, and experienced a 27% dip over the past…

The post Ark Invest Buys More Of HOOD And COIN As Market Rebounds appeared first on Coinpedia Fintech News As the wider crypto stocks recover, and amidst the recent market rebound, Cathie Wood’s Ark Invest has purchased more Coinbase and Robinhood stocks.  The company added 13,833 COIN stocks worth approximately $2.6 million to its portfolio alongside 84,080 HOOD stocks worth over $1.4 million. This comes after the asset manager began repurchasing the stock of the publicly listed crypto exchange. On…

Bitcoin is projected to retain its value above $60,000 and may even reach new heights in the next three months, according to industry experts. In light of this, attention shifts to other promising cryptocurrencies that could see significant gains. This article will reveal the top five altcoins poised for a potential bull run. Ripple (XRP)  XRP's current price sits between $0.58 and $0.63, with a promising outlook for a bullish run. The nearest resistance is at $0.66, while support lies…

The post ARK Invest Sells $14.8M of Coinbase Shares Ahead Of Exchange’s Earnings Report appeared first on Coinpedia Fintech News Cathie Wood’s investment company ARK sold a total of 69,069 COIN shares worth $14.8 million on Thursday, the biggest single-day sale since May 7. The divestment means the company sold more Coinbase shares on the first day of August than in the previous two months combined. It sold $2.88 million of the shares in June and $7.93 million in July.…

The post Ark Invest Offloads Another 12K Coinbase Shares Worth $2.7M appeared first on Coinpedia Fintech News Ark Invest has offloaded another 12,077 Coinbase shares on Wednesday, worth $2.7 million. ARK’s latest Coinbase dump follows ARKW’s recent sale of 16,758 COIN shares on July 19. At the time of the sale, the transaction netted $4.3 million, with COIN trading at around $257. Ark’s investment strategy generally aims to avoid individual holdings taking up more than 10% of an ETF’s portfolio,…

In the whirlwind world of cryptocurrencies, some projects just scream “top-tier investment,” promising a cocktail of decentralized innovation and juicy returns. At the front of this exhilarating race is BlockDAG, driven by the brilliant Antony Turner and a squad of M.I.T. and Harvard whizzes. Their presale game is nothing short of legendary, having raked in a staggering $63.9 million in under 21 stages and selling nearly 12.5 billion coins.  Meanwhile, Polygon is making waves with its tokenized asset surge, and…