Markets

Coinbase misses Q4 estimates as transaction revenue falls below $1 billion

"Crypto is cyclical, and experience tells us it’s never as good, or as bad as it seems," said the company.

Coinbase

Bitcoin tumbles back near last week's lows as AI fears crush tech and precious metals plunge

The strong correlation between crypto and the software sector reasserted itself on Wednesday

Bitcoin erased most earlier gains on Monday as it headed back towards the $65,000 mark. (CoinDesk)

Ark Invest's Cathie Wood says bitcoin will thrive amid ‘deflationary chaos’ created by AI and innovation

Exponential tech will force down prices and stress legacy finance, for which bitcoin offers a trustless alternative, said Wood at Bitcoin Investor Week.

Ark Invest CEO Cathie Wood in a conversation with Procap Financial CEO Anthony Pompliano at the Bitcoin Investor Week in New York. (CoinDesk)
Advertisement

More from Markets

Ark Invest buys Bullish stock for 9th straight day in $11.6 million purchase

Ark bought around 2.1 million BLSH shares in the past nine trading days, valued about $58.8 million based on the stock's closing price each day.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Trump-linked WLFI's Zak Folkman teases forex platform at Consensus Hong Kong

Folkman says more details will be revealed soon at an event at Mar-a-Lago.

Zak Folkman speaks at Consensus Hong Kong (CoinDesk)

Strategy's STRC returns to $100, poised to unlock more bitcoin accumulation

The perpetual preferred STRC hits $100 par amid bitcoin downturn, enabling potential further BTC purchases for the company.

CoinDesk

Last week's rout delivered bitcoin's biggest realized loss ever; bottoming signals grow

The Feb. 5 shock booked the largest-ever realized loss — $3.2 billion — in bitcoin history.

CoinDesk

Privacy-focused Midnight blockchain to go live next month, says Cardano's Charles Hoskinson

Input Output Global's Founder Charles Hoskinson said Midnight, the long-awaited privacy-focused blockchain, will launch in the final week of March as a partner chain to Cardano.

CoinDesk