PacWest stock flash crash recovers after rescue merger with Banc of Cali
PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California. Go to Source Powered by WPeMatico
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Cathie Wood’s ARK sells 135k Coinbase shares as COIN hits $90
Cathie Wood is taking profits from ARK Invest’s Coinbase holdings by selling a small portion of its COIN stash. Go to Source Powered by WPeMatico
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock. Go to Source Powered by WPeMatico
Robust crypto fundamentals pull through after May’s monthly red candle: Report
What are the current trends in VC investment in the crypto sector, and when will the bear market finally end? Go to Source Powered by WPeMatico
Bitcoin and correlations — Examining the relationship between BTC, gold and the Nasdaq
Bitcoin traders always talk about BTC’s correlation with gold and equities, but how much attention should average investors pay to this discussion? Go to Source Powered by WPeMatico
Era of trading crypto as non-securities is over, says exchange ex
SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities. Go to Source Powered by WPeMatico
Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million
Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations? Go to Source Powered by WPeMatico
Hawkish Fed, stocks market rally, and crypto falling behind
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has been falling behind the stock market after the Fed’s hawkish stance. Go to Source Powered by WPeMatico
Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing. Go to Source Powered by WPeMatico
‘$31K was not the end’ — 5 things to know in Bitcoin this week
Bitcoin analysts are gearing up for a break toward the $30,000 mark, but what will BTC price action offer in the coming days? Go to Source Powered by WPeMatico