Cathie Wood and the Ark Invest team are making some major moves with their largest holdings.Ark's biggest position in its flagship Ark Innovation ETF (ARKK -0.02%) -- as well as across its entire portfolio of active ETFs -- is Coinbase Global (COIN -1.04%). That's the result of a phenomenal run in the stock tied closely to Bitcoin's performance. Shares increased 391% last year, primarily in the second half.But Ark has been systematically selling off shares of Coinbase since last summer as the stock price ha ...

Coinbase plans to purchase a Cyprus-based company to offer cryptocurrency-linked derivatives in the European Union.America’s largest crypto firm announced the plans on its blog Friday (Jan. 5), saying the agreement with the unidentified company would give it access to a MiFID (Markets in Financial Instruments Directive) license. MiFID refers to the European Union’s (EU) licensing regime for investing services and activities. “This license would help expand access to our derivatives products by allowing Coin ...

Crypto-related stocks such as Coinbase Global have gained on the potential approval of exchange-traded funds tied to the spot price of Bitcoin but Mizuho Securities’ Dan Dolev is warning the company might not receive the hoped-for benefits.  ...

Key PointsAs Bitcoin rallies to a two-year high, ARK fund manager Cathie Wood adjusts portfolios ahead of a spot Bitcoin ETF decision.Wood sees Bitcoin ETF approval as a "sell the news" event, but remains bullish on long-term prospects.Another 2024 event that could push Bitcoin higher is halving, expected to occur in April. 5 stocks we like better than Coinbase GlobalWith Bitcoin rallying to its best levels in two years, ahead of the deadline for regulators to approve the first-ever Bitcoin spot exchange-tr ...

Coinbase Global, MicroStrategy, and Marathon Digital stocks climbed Tuesday as the crypto-related trio was benefiting from a new year Bitcoin rally. ...

2 Stocks for Bitcoin ETF ApprovalIf all goes according to plan, we are about two weeks away from the SEC approving spot Bitcoin ETFs. Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.Spot Bitcoin ETFs Are Coming: 2 Stocks to Buy NowYou might be wondering, “What’s the big deal?”. If you want to own Bitcoin, why not just own it on a crypto exchange? This is true, but an official, ...

Coinbase Global and MicroStrategy were leading a raft of cryptocurrency-related stocks higher on Wednesday. The companies were among those being boosted by Bitcoin’s rally and MicroStrategy pouring more money into the asset. ...

In this articleCOINMSTRGBTCMARAMonitors display Coinbase signage during the company's initial public offering at the Nasdaq MarketSite in New York on April 14, 2021.Michael Nagle | Bloomberg | Getty ImagesFor crypto bulls, the most lucrative bets in 2023 were in the stock market.While bitcoin rallied over 150% for the year, shares of Coinbase, MicroStrategy and the Grayscale Bitcoin Trust, which are all tied closely to the digital currency, did substantially better, rising more than 300% in value. Bitcoin m ...

While the cryptocurrency industry has been evolving over the years, it has given rise to many companies oriented on cryptocurrencies and their related blockchain technology. At the same time, their shares have become equal participants in the stock market, some performing better than others in 2023.Indeed, four crypto stocks have stood out for their significantly bullish price movements and related positive developments during the year that is almost over, and their success might even continue in 2024, prov ...

2 Stocks That Saved My Portfolio in 2023But as with every year, my portfolio saw some winners and losers. Mike Sakuraba graduated with double major of English and Economics. Part time writer, part time investor, full time dad. Mike loves writing about technology, sports, and investing.2023 Market Year in Review: We SurvivedWith just a few days left in 2023, it’s always fun to look back on the year that was before looking ahead to 2024. As a long-time investor, I can honestly say this was one of the most cha ...