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Videos

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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Finance

Cathie Wood's Ark Invest Buys $22M in Coinbase Shares

Ark now owns 9.9 million shares of the crypto exchange worth $575 million.

Coinbase (COIN) reports fourth quarter earnings on Thursday and is expected to post strong numbers as trading volume picked up in the last few months of the year. (Piggybank/Unsplash)

Markets

Ether Hits Two-Month Low Under $1.4K as Coinbase Premium Index Dwindles

The decline comes as New York Attorney General referred to ETH as a security in its lawsuit against the cryptocurrency exchange KuCoin.

Ether's daily price chart (CoinDesk/Highcharts.com)

Videos

What Silvergate Bank’s Voluntary Liquidation Means for Rival Signature Bank

CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the impact of Silvergate Bank’s collapse on Signature Bank, another crypto-friendly bank in the space. This comes as Coinbase recently said it would no longer use Silvergate to facilitate dollar payments for its institutional customers and will now use Signature Bank for payments.

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Finance

Crypto Stakeholders Say No Exposure to Shuttered Silvergate

Binance, Coinbase, OKX, and Paxos have all released statements regarding their exposure to Silvergate.

(CoinDesk)

Markets

U.S. Government's $1B Bitcoin Transfer Spooks Investors; Bitcoin Dips

The price of bitcoin dipped below $22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.

(Shutterstock)

Finance

JPMorgan Is Cutting Ties With Crypto Exchange Gemini: Source

Coinbase said its banking relationship with JPMorgan remains intact.

Gemini co-owners Tyler (left) and Cameron Winklevoss (Joe Raedle/Getty Images)

Videos

Coinbase Starts ‘Wallet as a Service’ Business Allowing Companies to Build Into Their Own Apps

U.S. crypto exchange Coinbase is starting a "wallet as a service" business that will allow companies to customize blockchain wallets for their own customers. "The Hash" panel discusses Coinbase's latest offering helping companies "bring the next hundred million customers into Web3 through a seamless wallet-onboarding experience."

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Finance

Stargate Finance Token Down 8% on Coinbase Delisting

The cross-chain bridge protocol is migrating to a new smart contract on March 15.

Stargate Finance chart (Cryptowatch)

Tech

Coinbase Starts ‘Wallet as a Service’ Companies Can Build Into Their Own Apps

The U.S. crypto exchange says the new service could help companies “to help bring the next hundred million customers into Web3 through a seamless wallet-onboarding experience.”

(DALL-E/CoinDesk)