Core Insights - Ark Invest continues to invest in crypto-related equities, purchasing shares of Coinbase, BitMine Immersion Technologies, Circle, and others during a market selloff [1][3] Group 1: Investment Activities - Ark's Fintech Innovation ETF (ARKF) now holds nearly $58 million in Coinbase shares after adding approximately $10 million or 42,419 shares [2] - The firm invested over $9 million each in BitMine and Circle, and $9.75 million in Bullish across three ETFs, along with around $6.7 million in Robinhood [3] - Total holdings include over $500 million in Coinbase shares, $244 million in Circle, $408 million in Robinhood, $196 million in BitMine, and $144 million in Bullish as of the end of trading Thursday [4] Group 2: Market Trends and Predictions - Cathie Wood has adjusted her Bitcoin price target to $1.2 million by 2030, down from $1.5 million, due to the rise of stablecoin adoption [5] - Bitcoin needs to increase approximately 1,335% to reach the new target, currently trading at $83,597 after a nearly 4.3% drop in the last 24 hours [5]

The bottom will be in when the coinbase premium returnsSimple ...

🚨 🚨 🚨 🚨 🚨 1,174 #BTC (100,118,577 USD) transferred from Coinbase Institutional to #Coinbasehttps://t.co/0Jv6g7qK9m ...

Acquihire https://t.co/007oIrnQCaEasy (@EasyEatsBodega):Wait…So coinbase literally just acquired Vector to get the employees?Are these not the same employees as Tensor employees?1) what https://t.co/bbaKoEg5e2 ...

Group 1 - Coinbase Global Inc. has reached an agreement to acquire Solana's Vector, a trading platform that enhances access to fast, on-chain markets [1] - The integration of Vector's tools into Coinbase's consumer trading experience aims to expand access to Solana-based assets and improve speed, liquidity, and support for assets within Solana's ecosystem [2][3] - Solana's on-chain markets are projected to process over $1 trillion in DEX volume by 2025, positioning it as a rapidly growing liquidity hub in the cryptocurrency space [3] Group 2 - Coinbase's strategic move aligns with its goal to build "the everything exchange," which focuses on faster and more global on-chain trading [3] - The standalone apps of Vector will be shut down during the transition, while the Tensor Foundation will continue to operate independently [3] - The acquisition deal is expected to close by the end of the year, pending standard approvals [3] Group 3 - Coinbase's stock (COIN) has experienced a significant drop of 18% to $238 after breaking below its multi-month triangle support, indicating a shift back to seller control [7] - The stock is currently trading below its major moving averages, indicating growing pressure [8] - The critical support zone for COIN is identified between $235 and $240, which has previously acted as support [10][11]

Core Viewpoint - Coinbase has announced the acquisition of Vector, a social meme coin trading application, to enhance its DEX trading integrations and improve the trading experience for Solana assets [1][2] Group 1: Acquisition Details - The acquisition will integrate Vector's technology into Coinbase's offerings, aiming to provide broader access to on-chain markets [1] - Vector was launched by the team behind the Solana NFT marketplace, Tensor, and the ownership of Tensor will be transferred to the Tensor Foundation [3] - Coinbase stated that the acquisition will not have a significant impact on its financials [3] Group 2: Impact on TNSR Token - The TNSR token, associated with the Tensor marketplace, surged over 300% in the past week despite a broader market selloff, now trading at $0.19 [5] - Approximately 22% of the total supply of unvested TNSR tokens will be burned as a result of the acquisition, with additional vesting tokens locked for three more years [5] Group 3: User Transition and Company Performance - Users of Vector will have until November 26 to transfer their assets, after which they will have four years to export their private keys [6] - Coinbase has made nine acquisitions this year, including a recent $375 million acquisition of crypto fundraising platform Echo [6] - Shares of Coinbase (COIN) are down about 2% on the announcement day but have increased over 31% in the last month, trading at $233 [7]

Diane King Hall is joining us. Uh we start with the story about what we've seen in Bitcoin and I was noting the selloff and institutional outflows as folks are nervous about private credit or no rate cut or whatever and u that's taken Coinbase down along with it. It has uh today right now at the moment it's moving in locked up with the uh optimism that we're seeing on Wall Street but it has been under pressure and in fact in the pre-market it was indicating lower but right now we're seeing a little bit of b ...

Wait…So coinbase literally just acquired Vector to get the employees?Are these not the same employees as Tensor employees?1) what https://t.co/bbaKoEg5e2Easy (@EasyEatsBodega):Woah.Coinbase on an acquisition spree. ...

Market Trend - The market explains TNSR's price surge of 400% a few days ago [1] - Coinbase is increasing its investment in Solana [1] Strategic Acquisition - Coinbase is acquiring VECTORDOTFUN, an onchain trading platform built on Solana [1] - VECTORDOTFUN's technology will be integrated directly into Coinbase [1] Business Development - The acquisition aims to better serve one of crypto's most active ecosystems [1]

Coinbase is doubling down on Solana.Congrats, @VECTORDOTFUN 🔥Coinbase 🛡️ (@coinbase):We’re doubling down on @Solana.Coinbase is acquiring @VECTORDOTFUN, an onchain trading platform built on Solana, whose tech will plug directly into Coinbase to help better serve one of crypto’s most active ecosystems. https://t.co/0ntHFXJeLO ...