Markets

ARK Invest's Coinbase Purchase During Week of Feb 13-17 Totaled 133,321 Shares
ARKK and ARKW bought shares in Coinbase Global Monday and Tuesday, with no activity, buy or sell, the rest of the week. COIN shares closed up more than 17% on Friday.

Klaytn Foundation to Make Changes to KLAY Tokenomics and Governance Models
The Foundation will aid Klaytn blockchain's transition to a wholly permissionless validator structure, provide opportunities to the general public to participate as block validators.

Bitcoin Soars, Then Retreats: What’s Behind This Week’s Roller Coaster? What’s Ahead?
Its Thursday retreat notwithstanding, bitcoin has surged about 13% over the past seven days. The spike reflects investor optimism, although macroeconomic concerns remain.

Crypto Markets Analysis: Bitcoin, Ether Hold Mid-Week Gains; Crypto Exchange Token OKB Outperforms
The announcement of a new blockchain following the earlier release of a proof-of-reserves report pushed OKB higher. BTC and ETH benefited from short covering.

First Mover Americas: SEC Suing Do Kwon for Misleading Investors
The latest price moves in crypto markets in context for Feb. 17, 2023.

Unlike Merge, Ethereum's Shanghai Upgrade Could Bring Ether Price Volatility
Institutional liquidity provider OrBit Markets suggests buying an ether volatility swap to profit from an expected increase in price turbulence after the Shanghai upgrade.

TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation
The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is.

Bitcoin Jumps Past $25K for First Time Since August
The largest cryptocurrency by market capitalization continued its momentum from Wednesday.

Only 31% of Staked Ether May Be Profitable: Binance Research
Around 2 million ETH were staked when prices were in the range of $400 to $600. These stakers are some of the strongest Ethereum believers, according to Binance Research.

First Mover Americas: Bitcoin Soars to Highest Level Since August
The latest price moves in crypto markets in context for Feb. 16, 2023.

