In Bitcoin ETF news today, ARK Invest sold 243,147 shares of its own ARK 21Shares Bitcoin ETF for approximately $1.35M on April 29, while simultaneously pouring $45.5M into Robinhood Markets stock. The message is clear: Cathie Wood is rotating out of direct crypto exposure and into the platforms people use to access crypto. This move
The investor’s total profit (including unrealized gains) equals more than $660 million. The cryptocurrency market, especially the meme coin sector, offers the opportunity to make solid profits if one enters (and exits) the ecosystem at the right time. Such was the case with an anonymous trader who became a millionaire thanks to Shiba Inu
Coinbase will disable trading for Dai on May 4, 2026, as part of its latest asset review. Summary Coinbase will disable DAI trading on its website and mobile app from May 4. Remaining DAI balances will convert to USDS at a 1:1 rate after the deadline. Coinbase will also suspend TIME trading and has disabled
Wasabi Protocol, a decentralized finance platform designed for leveraged trading of long-tail assets like meme coins and NFTs, on Thursday was hit by an admin key compromise that drained liquidity pools across Ethereum, Base, Berachain and Blast, as flagged by blockchain security firm Blockaid. The attacker used the protocol’s own deployer key to push a
Another bombshell hit could change Bitcoin price prediction for the mid-term. Forbes investigation is rattling the Bitcoin mining sector and carries serious political weight. Bitcoin itself is trading at the $76,000 level, but the real volatility is in the stock price of American Bitcoin (ABTC), which has quietly shed 92% of its peak value while
WLFI, PI, and DEXE have plunged by double-digits in the past 24 hours. Although the US Federal Reserve kept the interest rates unchanged as essentially everyone expected, BTC still dipped to a multi-day low of just under $75,000 before it rebounded by a grand. Ethereum and HYPE have lost the most value from the
Ripple has expanded its presence in the UAE by opening a new Middle East and Africa headquarters in Dubai, increasing its capacity to grow its regional operations. Summary Ripple has opened a new Middle East and Africa headquarters in Dubai, with capacity to double its regional team as demand for regulated blockchain payments grows. The
Ripple has expanded its operations in the UAE by establishing a new Middle East and Africa headquarters in the Dubai International Financial Centre (DIFC), as it scales up to meet increasing demand for regulated blockchain payment services. The blockchain payments infrastructure company plans to double the size of its Middle East and Africa team out
An FBI-led global enforcement effort targeting crypto pig butchering schemes has led to the arrest of 276 suspects and the disruption of nine crypto scam centers tied to investment fraud operations. Summary An FBI-led operation led to the arrest of 276 suspects and shut down nine crypto scam centers linked to pig butchering schemes. Dubai
Trump dismissed Iran’s proposal and kept the naval blockade intact. The odds of Trump announcing the blockade’s end by May 31 dropped to 43.5% YES, down from 52% yesterday. Market reaction The May 31 market fell from 52% to 43.5% YES as traders priced in the renewed stalemate. This continues a slide from 76% a