ARK Snaps Up $9.5M HOOD Shares Day After Robinhood Announces European Expansion
The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.
Financial
Bitcoin Tops $36K as ‘ETFs Not Yet Priced in’
Bitwise’s CIO sees future upside to bitcoin’s price as the world’s largest digital asset has 30% this month.
U.S. House’s Spending Bill Aims to Hamstring SEC’s Gensler Amid His Crypto Crackdown
Lawmakers agreed to an amendment from Tom Emmer, a senior House member and vocal crypto supporter, to insert an SEC-blocking provision in their government spending plan.
Protocol Village: Stackr, Provider of Tools for ‘Micro-Rollups,’ Raises $5.5M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 9-15, with live updates throughout.
U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether’s USDT
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.
Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue
The company sees 2023 mining power guidance reaching 26 EH/s, making it the largest bitcoin mining firm in terms of hash rate.
Binance Has No Real Argument for Dismissing SEC Suit, Regulator Says
The SEC pushed back against Binance’s motion to dismiss its lawsuit in a new filing.
Bitcoin Breakout Toward $45K ‘Imminent’ Says Matrixport
Polygon’s MATIC and Chainlink’s LINK led altcoin gains Wednesday afternoon.
Arbitrum Voters Polarized Over ‘Research’ Pitch With $2M Price Tag
Proposed coalition of professional researchers could help “accelerate decision-making” at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.
U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push
Representatives of the company are answering questions from two divisions of the U.S. Securities and Exchange Commission in the wake of Grayscale’s court win over the agency.