Latest from Helene Braun
Michigan’s State Pension Boosts Bitcoin ETF Stake, Signaling Cautious Confidence in Crypto's Future
The State of Michigan Retirement System disclosed ownership of 300,000 shares of the ARK Bitcoin ETF as of June 30, or about $11.3 million worth at current prices.
Polygon Holds 3% Advance, Outperforming Broader Market
POL surged in early U.S. trading amid above-average volume, but selling pressure capped gains.
Cardano Drops 3% as Market Sell-Off Persists, Midnight Airdrop Sparks Volatility
ADA struggled to hold $0.740 amid broader crypto weakness, heavy trading volume and distribution pressure following the NIGHT token airdrop.
DCG’s Barry Silbert Returns to Grayscale as Chairman Amid IPO Push
Silbert resigned as Grayscale chairman in 2023 when the asset manager was early in the midst of a legal battle with the New York Attorney General’s office.
Coinbase Crypto Momentum Stalls, Valuation Stretches: Cut to Sell at Compass Point
Compass Point warns of choppy trading, rising competition, and skepticism around stock trading and crypto regulation reforms in 2025.
Crypto ETFs See Record $12.8B Inflows in July as Market Rallies to New Highs
The crypto market, as tracked by the CoinDesk 20 Index, jumped over 21% in July.
Coinbase Increases Bitcoin Holdings, Plans Tokenized Stocks in U.S.
The announcement comes amid the exchange posting a disappointing second-quarter with shares down more than 6% in post-market trading.
Coinbase Stock Tumbles 7% After Disappointing Q2 Results
The company posted total revenue of $1.5 billion, lower than the $1.59 billion that analysts had expected.
Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF
The developer of design software previously disclosed ownership of $70 million of Bitwise's BITB, with plans to buy another $30 million in bitcoin.
Robinhood's Strong Q2 Fails to Sway Cautious Wall Street Analysts
Having nearly tripled in price from the April lows, the stock received a number of modest price target hikes, but no ratings upgrades.
