COIN


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Cathie Wood’s Ark Invest Buys Over $20M in Coinbase Shares

Noted growth investor Cathie Wood's Ark Invest bought more shares of crypto exchange Coinbase (COIN) on Thursday than it bought in all of January. The firm added a total of more than 350,000 shares valued at $20.6 million based on Thursday's closing price, the biggest one-day purchase this year. In January, it bought 333,637 shares. "The Hash" panel discusses what to make of Wood's continued Coinbase bets. 

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Fed Minutes Show Most Members Approve 25BPS Rate Hike; Counsel Says Voyager’s Binance US Sale Plan ‘Full Steam Ahead’

The latest FOMC minutes reveal that almost all Fed policymakers favored easing rate hikes to a quarter percentage point. Plans to wind up Voyager Digital by selling assets to Binance US are "on track," an attorney for the bankrupt crypto lender told a New York court on Wednesday. Coinbase (COIN) topped fourth-quarter earnings estimates Tuesday evening, but shares are sharply lower Wednesday alongside a sizable pullback in crypto.

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Mercati

L'acquisto di Coinbase da parte di ARK Invest durante la settimana del 13-17 febbraio ha totalizzato 133.321 azioni

ARKK e ARKW hanno acquistato azioni in Coinbase Global lunedì e martedì, senza alcuna attività, acquisto o vendita, per il resto della settimana. Le azioni COIN hanno chiuso in rialzo di oltre il 17% venerdì.

Cathie Wood (Marco Bello/Getty Images)

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Ex-Coinbase Manager Pleads Guilty to Insider Trading Charges: Reuters

Reuters reported Tuesday that Ishan Wahi, former product manager at crypto exchange Coinbase (COIN), has agreed to plead guilty to insider trading charges. "The Hash" panel discusses the latest revelations from the first cryptocurrency insider-trading case and how this might shape future regulation. 

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Coinbase Jumps After Judge Dismisses Proposed Class-Action Suit

Needham & Co. Vice President John Todaro discusses why Coinbase (COIN) shares are jumping and its correlation with bitcoin (BTC). Plus, reaction after the U.S.-based exchange won a dismissal on Wednesday of a proposed class-action lawsuit by customers who claimed Coinbase sold them unregistered securities.

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Coinbase to Halt Operations in Japan as Crypto Winter Drags On

Cryptocurrency exchange Coinbase (COIN) said it is halting its operations in Japan, citing "market conditions" and confirming earlier reports that it would close shop in the country. Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange. Fiat deposits will be halted on Friday. "The Hash" panel discusses the latest from Coinbase and the implications for the Japanese crypto market.

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Finanza

ARK acquista 2,5 milioni di dollari in azioni Coinbase mentre COIN continua a Rally

Questa settimana ARK ha acquistato azioni Coinbase per un valore di 7,5 milioni di dollari, ovvero circa 28,25 milioni di dollari nell'ultimo mese.

(Chesnot/Getty Images)

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Cathie Wood's ARK Doubles Down on Coinbase as Crypto Exchange Announces Layoffs

Coinbase (COIN) shares are rising roughly 20% over the last five days, as the crypto exchange announced a second round of job cuts on Tuesday. Oppenheimer Senior Analyst Owen Lau joins "First Mover" to discuss. Plus, his reaction to Cathie Wood adding 33,756 shares of COIN to ARK’s Innovation ETF (ARKK), worth around $1.45 million based on the January 10 closing price.

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Mercati

ARK fa acquistare Coinbase mentre COIN balza del 20% in una settimana

Cathie Wood ha aggiunto altre 33.756 azioni di Coinbase all'ETF ARKK di ARK, secondo un aggiornamento degli investitori.

(Leon Neal/Getty Images)

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Coinbase to Cut Around 20% of Workforce as Crypto Winter Lingers

Crypto exchange Coinbase (COIN) said it is planning to reduce its headcount by around 950 employees as part of a restructuring that it expects to be complete by the end of the second quarter. "First Mover" hosts weigh in on the latest string of layoffs amid crypto winter.

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