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Cathie Wood's Ark Invest Doubles Down on BitMine, Coinbase Stocks Amid Bitcoin Plunge

Cathie Wood's Ark Invest has significantly increased its holdings in BitMine and Coinbase stocks despite a recent plunge in Bitcoin prices. The investment firm purchased over 1.5 million shares of Coinbase, valued at approximately $40 million, and added to its position in BitMine. This move reflects Ark Invest's continued confidence in the long-term potential of cryptocurrency, even as market volatility persists. The firm believes that the current downturn presents a buying opportunity for strategic investments in the sector.

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Digital wallets will hold 'totality' of people's assets, says Franklin Templeton

Franklin Templeton's CEO, Jenny Johnson, stated that digital wallets will eventually hold the entirety of individuals' assets, including cryptocurrencies, stocks, and bonds. She emphasized the importance of integrating traditional finance with digital assets to enhance accessibility and efficiency. The firm is actively exploring blockchain technology and digital

Crypto Dev Launches Site for AI to Hire Humans

A new platform has been launched by a cryptocurrency developer that allows artificial intelligence to hire human workers for various tasks. The site aims to streamline the hiring process by enabling AI to assess candidates based on their skills and suitability for specific roles. This innovative approach seeks to bridge

Trump's White House won't tolerate attacks on the president in crypto bill, adviser says

An adviser to former President Donald Trump stated that the White House will not accept any provisions in a proposed cryptocurrency bill that attack the president. This statement comes amid ongoing discussions in Congress about regulating the crypto industry. The adviser emphasized the importance of protecting the integrity of the

Canada’s investment watchdog rolls out crypto custody rules to avoid another QuadrigaCX

Canada's investment regulator has introduced new rules for cryptocurrency custody to prevent incidents similar to the QuadrigaCX scandal, where investors lost millions when the exchange's founder died, allegedly taking the private keys with him. The regulations require crypto firms to hold clients' assets in a

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Digital wallets will hold 'totality' of people's assets, says Franklin Templeton

Crypto Dev Launches Site for AI to Hire Humans

Trump's White House won't tolerate attacks on the president in crypto bill, adviser says

Canada’s investment watchdog rolls out crypto custody rules to avoid another QuadrigaCX