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Cathie Wood's Ark Invest Dumps Meta, Nvidia and Bitcoin ETF Shares in Major Tech Sell-Off
Yahoo Finance· 2026-03-27 15:18
Ark Invest, the investment firm of notable tech investor Cathie Wood, shed millions of dollars’ worth of shares of major tech stocks on Thursday, significantly trimming positions in Nvidia and Meta while also diminishing its exposure to Bitcoin via its own Bitcoin ETF. The firm’s Thursday activity saw it part with nearly $41 million worth of Meta (META) and more than $26 million in Nvidia (NVDA), both of which have fallen further since the opening bell on Friday, dropping 2.98% and 1.55%, respectively. ...
Mortgage giant Fannie Mae will soon accept crypto-backed homebuying loans
Yahoo Finance· 2026-03-26 15:04
Fannie Mae (FNMA) is set to soon begin accepting cryptocurrency-backed mortgages, according to an announcement on Thursday from mortgage originator Better Home & Finance (BETR) and the crypto exchange Coinbase Global (COIN). Shares in Better Home surged by as much as 12% after the announcement before pulling back slightly, while Coinbase traded down by roughly 1.1%. Mortgage-backed securities giant Fannie Mae slid by roughly 4.6% in the over-the-counter market, according to Yahoo Finance data. A new prod ...
X @BSCN
BSCN· 2026-03-21 20:37
🚨 IRAN'S LARGEST CRYPTO EXCHANGE SAW AN 873% OUTFLOW SPIKE THE MOMENT AIRSTRIKES HITWithin minutes of US-Israeli strikes landing on February 28, Chainalysis detected withdrawals from Nobitex, Iran's largest crypto exchange with 11 million users, surging 873%, with hourly outflows hitting $2M.By March 2, $10.3M had left Iranian exchanges, flowing into overseas platforms, self-custody wallets, and unknown destinations.Analysts are still debating how much was ordinary citizens fleeing, exchanges protecting res ...
X @BSCN
BSCN· 2026-03-20 04:15
🚨JUST IN: GEMINI CUTS 30% WORKFORCE AMID LOSSESCrypto exchange @Gemini has reduced its workforce by about 30% this year, according to @Bloomberg. Headcount has dropped to roughly 445 employees.The exchange reported a 2025 net loss of around $585M. Q4 revenue came in near $60M, with widening losses.The company is introducing AI tools to improve efficiency. The cuts follow earlier restructuring efforts. ...
X @Wu Blockchain
Wu Blockchain· 2026-03-20 01:33
According to Bloomberg, crypto exchange Gemini has cut about 30% of its workforce since the start of the year, reducing headcount to around 445, and introduced AI tools to boost efficiency. The company reported a 2025 net loss of about $585 million, with Q4 revenue of roughly $60 million but widening losses. Previously, it had announced ~25% layoffs, exited the UK, EU, and Australia, and replaced several senior executives. https://t.co/bE0c4nIwGM ...
X @Bloomberg
Bloomberg· 2026-03-19 22:48
Gemini’s workforce reduction has reached roughly 30% since the start of the year following layoffs, with the crypto exchange saying it is deploying artificial intelligence tools to increase productivity https://t.co/sIg3VOKv4q ...
Should You Buy the Dip in Gemini Space Station Stock Today as Shares Plunge?
Yahoo Finance· 2026-03-19 13:44
Gemini Space Station (GEMI) shares crashed on March 18 after Citi analysts downgraded the crypto exchange to “Sell” and lowered their price target to $5.50, indicating more than 20% downside from their previous close. The timing of this downgrade proved particularly damaging, as it came just ahead of the firm’s Q4 earnings, scheduled for release after hours on Thursday. More News from Barchart Gemini stock is now down nearly 50% versus its year-to-date high in early January. www.barchart.com Why Citi ...
X @Wu Blockchain
Wu Blockchain· 2026-03-19 03:39
Upbit, South Korea’s largest crypto exchange, will list an ETHFI/KRW trading pair. https://t.co/ecgfCGXbGn (ETHFI) is a liquidity restaking protocol on Ethereum. https://t.co/rQD3UhDYH6 ...
X @Poloniex Exchange
Poloniex Exchange· 2026-03-17 05:15
Poloniex defends users’ profits with zero trading fees. 🛡️🗡️What a legendary crypto exchange! 🚀 https://t.co/tIBR48WeLg ...
X @Poloniex Exchange
Poloniex Exchange· 2026-03-17 02:40
RT H.E. Justin Sun 👨🚀 🌞 (@justinsuntron)I’ve been thinking a lot about the future of @Poloniex. We aren't trying to build the "biggest crypto exchange in the world"—too many people are already fighting that battle.Instead, we just want to build a home for the crypto community. A true home you can always return to, no matter the market.You know exactly who "we" are. 🏠🤝 #Poloniex #CryptoCommunity @PoloniexChinese ...