
Cathie Wood's Ark Invest Makes Major Bet on Google and Crypto
Ark Invest, led by Cathie Wood, made significant investments in late November, purchasing over $56 million in Google shares and millions more in crypto firms.
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Ark Invest, led by Cathie Wood, made significant investments in late November, purchasing over $56 million in Google shares and millions more in crypto firms.

Global authorities are escalating their crackdown on illicit crypto activities, targeting North Korean hackers, non-compliant exchanges, and privacy tool developers.

BlackRock, the world's largest asset manager, has moved over $1 billion in Bitcoin and Ethereum to Coinbase Prime in a series of large-scale transfers this week.

Coinbase exceeded Q3 expectations with $1.9 billion in revenue, driven by a $1 billion surge in transaction fees as crypto markets rallied.

JPMorgan analysts project a potential market valuation as high as $34 billion for a native token on Coinbase's Base blockchain, a key factor in a bullish outlook for the company's stock.

Top executives from Coinbase, Kraken, and other crypto firms are meeting with Senate Democrats this week to restart talks on a stalled market regulation bill.

Coinbase CEO Brian Armstrong states it is never too late to invest in crypto, emphasizing that newcomers can start by purchasing small fractions of assets.

The total cryptocurrency market capitalization fell to $3.64 trillion, its lowest since July, as Bitcoin's price dropped 5.6% to below $105,000.

Coinbase has increased its investment in Indian crypto exchange CoinDCX, raising the platform's valuation to $2.45 billion amid ongoing regulatory challenges.

BlackRock's Bitcoin ETF (IBIT) is now its most profitable fund by fee revenue, holding $97 billion in assets. S&P Global and Coinbase also expanded crypto offerings.

Coinbase and Mastercard are reportedly in advanced talks to acquire BVNK, a UK-based fintech firm specializing in stablecoin infrastructure, for $1.5 billion to $2.5 billion.

Sharps Technology, a firm managing a corporate Solana treasury, has partnered with Coinbase Global to handle its $435 million in SOL holdings through Coinbase Prime.