Ark Invest sold about $13.3 million worth of Coinbase shares yesterday

By: odaily.com|2025/07/16 10:41:29

Odaily News On Tuesday, Ark Invest sold 34,207 shares of Coinbase, worth about $13.3 million, after the stock hit a record closing price on Monday. In addition, due to shareholding restrictions, Ark Invest also sold $8.7 million worth of spot Bitcoin ETFs. Coinbase closed up 1.8% on Monday to a record $394.01, and its market value exceeded the $100 billion mark for the first time. (The Block)

BERA rose above 2.4 USDT, with a 24-hour increase of 22.71%US law enforcement seizes over $10 million in cryptocurrency from Sinaloa drug cartel

Bitcoin Faces Resistance at $125K, Signaling Potential Consolidation Before Surge to $140K

As of today, August 14, 2025, the cryptocurrency market is buzzing with activity, and Bitcoin is at the…

crypto insight|2025/08/14 07:40:18

3 Key Reasons Ethereum Price Could Soar to $5,000 Before 2025 Ends

As of today, August 14, 2025, Ethereum continues to capture attention in the crypto world, with its price…

crypto insight|2025/08/14 07:40:20

Bitcoin Profit Taking Eyes $113K Buy Zone: Could This Spark a Rally to Fresh Highs?

As of today, August 14, 2025, Bitcoin is navigating a familiar pullback after surging to impressive heights, but…

crypto insight|2025/08/14 07:40:20

US Debt Crisis Drives Bitcoin Price Surge to $140,000 in ‘Crisis Mode’ – Essential Insights for August 14, 2025

As we step into August 14, 2025, Bitcoin is making waves once again, pushing boundaries with its price…

crypto insight|2025/08/14 07:40:15

99% Probability Bitcoin Dominance Tops Out if Ethereum Rally Persists

As of today, August 14, 2025, the cryptocurrency market is buzzing with excitement, especially around Bitcoin and Ethereum.…

crypto insight|2025/08/14 07:40:16