Cathie Wood’s ARK Invest Cashes in on Coinbase Stock Surge
Crypto exchange Coinbase saw its COIN stock jump more than 30% in the last five days following a positive outcome of the Ripple Labs court case against the Securities and Exchange Commission (SEC). Investor Cathie Wood and its ARK Invest Management saw this as...
Coinbase Stock Plunges After SEC Warning
Crypto exchange Coinbase saw its stock plunge in after-hours trading on Wednesday after weeks of continued growth. The company’s shares have been close to 20 percent down compared to their close price of $77.14 due to a warning from Securities and Exchange Commission (SEC).
In...
Cathie Wood’s Ark Invest Buys $20.6 Million-Worth Coinbase Shares
Crypto exchange Coinbase has seen its stock plummet by more than 17% this week as a result of the crisis in the cryptocurrency market caused by the collapse of crypto-friendly Silvergate Bank. Ark Invest, helmed by famed investor Cathie Wood, used this opportunity to...
ARK Innovation, Coinbase, and Tesla Surge as Stocks Rally on Friday
Struggling stocks such as Tesla, Carvana, and Coinbase all experienced double-digit gains on Friday as part of a market rally on the New York Stock Exchange.
Cathie Wood's ARK Innovation ETF, which comprises newsmaking tech innovators, advanced by 5% to mark a monthly gain of 25%...
Coinbase CEO Says They “Try Not to Get Focused on Short-Term Ups and Downs”
It seems like the “crypto winter” isn’t going away anytime soon, but Coinbase CEO Brian Armstrong doesn’t seem to be worried about it at the moment. In a recent interview with CNBC, Armstrong said that crypto downturns are nothing unusual and that the crypto...
Coinbase Stock Soars 15% After Partnership With BlackRock
Crypto exchange Coinbase has seen its stock (COIN) soar 15% on Thursday following an announcement of the partnership with investment management firm BlackRock. The partnership between the two companies will allow institutional clients to buy Bitcoin, something that investors obviously see as a positive...