May 16, 2024
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Crypto

Bitcoin is volatile as Bitcoin halving is looming

  • April 16, 2024

Photo: Jose Cabezas (Reuters) Bitcoin is going through a topsy-turvy phase as Bitcoin halving is on the horizon. The top cryptocurrency jumped yesterday after learning that Hong Kong had approved spot Bitcoin ETFs, but it fell again soon after. The cryptocurrency continued its decline on Tuesday morning with an over 4% drop in a day

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Investment

ARK Invest liquidates entire GBTC holdings, invests $100m in Bitcoin futures ETF

  • December 28, 2023

ARK Invest has recently made a bold move by liquidating its entire Grayscale Bitcoin Trust (GBTC) holdings. On December 28, Cathie Wood’s investment management firm sold off the remaining of its GBTC holdings worth $200 million. ARK used half of the proceeds from the sales to invest in Bitcoin Futures ETF. By investing a whopping

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