ARK Invest founder Cathie Wood recently said at a conference that the U S is losing the bitcoin movement owing to its regulatory system The Hash panel discusses the state of crypto in the country amid increasing pressure from the regulators Plus insights on Tesla CEO Elon Musk advising investors to not bet the farm [...]
Cathie Wood's ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund purchased the crypto exchange's stock after the company received a Wells Notice from the SEC. CoinDesk Senior Markets Reporter for Asia, Sam Reynolds, discusses Cathie Wood’s latest investments.
Cathie Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took
a hit following a short-seller's report.
ARK Invest bought shares of Coinbase COIN low and sold it high this week On Tuesday Cathie Wood’s fund sold shares worth 13 5 million when the stock was at approximately 83 a share Just over 48 hours later ARK bought more shares as the stock fell and closed Thursday in the U S at [...]
Coinbase shares tumbled 16% Thursday after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.