Noted growth investor Cathie Wood’s Ark Invest has added more than 213,000 COINBASE (COIN) shares worth about $13 million to its ARK Innovation (ARRK) and Next Generation (ARKW) exchange-traded funds. 181972 shares added to arkk appear to be the biggest single purchase of shares from Ark Invest's currency base this year. At the beginning of the week, Coinbase reported quarterly profits that exceeded expectations. Growing investor Cathie Wood's Ark Invest added over 213,000 Coinbase (COIN) shares worth approximately $13 million to its ARK Innovation (ARRK) and Next Generation (ARKW) ETFs.
U.S. Securities and Exchange Commission has said a $1.02 billion deal by Binance’s U.S. wing to purchase assets of bankrupt crypto lender Voyager Digital may be unlawful. Down from the all-time high of $342 in November 2021. The sale of Voyager to Binance.US received almost universal approval from creditors on Wednesday, with 97% of them voting in favor of the deal.
Music streaming service Spotify may be dipping its toe into Web3 with a new pilot involving “token-enabled playlists,” allowing holders of non-fungible tokens to connect their wallets and listen to curated music. We received almost universal endorsement from creditors on Wednesday, with 97% of them voting in favour of the agreement. Spotify told CoinDesk that it "routinely conducts a number of tests in an effort to improve our user experience."
- The Voyager sale at Binance.
- Spotify offers this exclusively to the holders of tokens in the stream, the moonbirds, the royalty and the suzerain communities for a trial period of three months.
- Specifically, redistributing crypto assets to account holders – in particular the Voyager VGX token – could be equivalent to selling non-registered securities, according to the SEC.the table shows the probabilities for the federal reserve rate hikes over the coming months.
- Early in the month, traders were confident that the Fed would increase its benchmark interest rate by only 25 basis points in March.
- Now they're looking at a 26% chance of a 50-basis-point rate hike in March.