2023 ended up being a banner year for Coinbase (NASDAQ: COIN) as the stock rose more than 400% in value. Some of the gains were driven by a bounce off extremely low valuations, but a lot of it was driven by a recovery in the crypto market. In this video, Travis Hoium covers the stock’s […]
(Reuters) – Cathie Wood’s ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF, which is popularly known as ‘BITO’ and tracks the price of futures tied to the world’s largest cryptocurrency, a trading note showed on Thursday. Based on the fund’s closing price on Wednesday, ARK’s stake is worth roughly $92 million, according […]