The Dow Jones Industrial Average rallied more than 200 points Friday, as Bitcoin plunged below $48,000 before cutting losses. Tesla stock reversed higher in morning trade, while Coinbase tumbled to new lows before recovering. X Among the Dow Jones leaders, Apple (AAPL) rallied 1.1% Friday,
Cathie Wood’s ARK Invest ETFs are some of the hottest funds after 2020’s huge stock market gains. Six ARK Invest stocks to buy and watch are Coinbase, DraftKings, Sea Limited, Square, Teladoc Health and Tesla. X ARK ETFs The ARK Invest investment company’s flagship fund
Shares of Coinbase Global Inc. COIN, +0.10% dropped 3.4% in premarket trading Friday, putting them on course for a fifth straight decline, as a selloff in bitcoin BTCUSD, -5.25% toward a 7-week low weighed on the recently public cryptocurrency exchange. The stock has dropped 14.2%
Blockchain associations from Australia and five Southeast Asian nations are joining forces to promote blockchain development and education. Blockchain organizations from Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines signed a memorandum of understanding Thursday to promote blockchain collaboration in the Asia Pacific, Business Times
Turkish police have detained 62 people as they continue to investigate an alleged exit scam potentially affecting 391,000 crypto exchange users and roughly $2 billion in investments. Yesterday, Cointelegraph reported that the major Turkish crypto exchange Thodex had abruptly halted trading and withdrawals amid reports
Thomas Farley, president of the New York Stock Exchange, said the world of finance was “past the point of no return” on crypto following Coinbase’s public listing last week. In an interview with CNBC’s Squawk Box on Thursday, Farley said he was excited to talk
The scheduled delisting of Coinbase shares from the German Deutsche Boerse stock exchange appears to have been averted. The platform announced on Wednesday that Coinbase would be removed from the Xetra and Frankfurt stock exchanges this week after it was discovered the cryptocurrency exchange had not
Getting crypto exchanges across the world to plug into each other and share sensitive customer data is proving to be a complex problem. Nonetheless, firms have to show real progress on this by June of this year, according to new anti-money laundering (AML) rules from
