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SEC Asked Coinbase to Delist All Cryptocurrencies Except Bitcoin Before the Lawsuit

The Financial Times recently published a report that sheds new light on the lawsuit that U.S. Securities and Exchange Commission (SEC) initiated against the U.S.-based crypto exchange Coinbase. According to the report, SEC initially asked Coinbase to delist all the cryptocurrencies except Bitcoin before...

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 CEO Says Crypto Firm Will Develop in “Offshore Havens” Without Clear Regulations

Brian Armstrong, the CEO of crypto exchange Coinbase, urged the U.S. and UK to put clear regulations in place for the crypto market. According to Armstrong, without proper legislation “onshore,” crypto firms will be prompted to develop in “offshore havens.” Armstrong shared his opinion on...

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%...