44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 Months

44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 MonthsRecent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume. Robinhood Bucks Trend With Bitcoin Inflows as Coinbase and Binance Face Outflows A significant volume of […]

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Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares

Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO'd Reddit SharesOn Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s […]

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Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000

Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering from “degraded performance,” while Robinhood’s clientele voiced their grievances to the platform’s support team. Technical Troubles Shadow Bitcoin’s Climb to […]

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