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News and Articles by Anahit



Ark invest buys Coinbase shares

ARK Invest Purchased $110 M Coinbase Shares

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Reuters announced that today New York-based ARK funds acquired 341,186 Coinbase shares worth above $110 M. On April 14, when Coinbase stock (COIN.O) went public on Nasdaq, the firm sold some of its Tesla shares and obtained 749,205 shares of $246 M worth of Coinbase. After the second deal, the...

Turkey crypto ban

Turkey Disallows Crypto Payments

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Turkey's central bank disallowed payments with cryptocurrencies and crypto assets saying they include transfer risks and can cause irrecoverable damage. Media of the country reported that the central bank's instructions placed at the “Regulation on the Disuse of Crypto Assets in Payments” paper...

Rothschild Investment Grayscale Ethereum Trust

Rothschild Investment's $4.75M Stake in Grayscale Eth Trust

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Full-service brokerage firm Rothschild obtained 265,302 shares worth $4.75 M of the Ethereum Trust of Grayscale. This is the first time that the company has put capital into the product. The entity also expanded its stake in GBTC by about 8,000 shares, thus making them 38,346 in total....

ether dogecoin

Ether and Dogecoin Hit New All-Time Highs

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In the past 24 hours, Ether and Doge reached new all-time highs: $2,547 and over $0.3 correspondingly. Hovering around $2500 for a few days, the second cryptocurrency managed to overpass the barrier. The price of the token surged above $2,547. One of the reasons to cause price increase was the...

crypto wallets and exchanges

Crypto Wallets and Exchanges: Their Origins and Difference

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The space of blockchain and cryptocurrencies offers various tools to manage user activities. Among the most essential ones are crypto wallets and exchanges. Are they both necessary and what is the difference between them? What is a cryptocurrency...

IRS NFT tax

IRS Representative Says NFTs May be Used to Avoid Taxes

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An official of the U.S. Internal Revenue Service (IRS), Charles Paul Rettig expressed his concerns about NFTs describing them as "not visible items by design". While speaking at the Senate Finance Committee hearing, Rettig said non-fungible tokens may be used for tax evasion. When asked...

NFT in the form of a gray pixel

One Pixel of Digital Art Sold for over $1.36 M

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Interest in non-fungible tokens is growing. At the same time, some record-breaking purchases surprise many. Recently an artwork from digital artist Pak, that represented just a separate gray pixel, was sold for $1.36 M on the platform of Nifty Gateway with Sotheby’s auction house management....

Grayscale AUM $50 B

Grayscale's Assets Under Management Crossed $50 B

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Leading cryptocurrency asset manager Grayscale announced that the sum of its entire AUM surged to $50.6 B. This is an unprecedented case of any digital asset manager's total AUM surpassing $50 B. MILESTONE: We just reached $50 billion AUM. Yet another reason to #GoGrayscale....

Elon Musk Mark Cuban Dogecoin

DOGE surges. Elon Musk and Marc Cuban Tweeted about it.

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Dogecoin price reaches new highs. The cryptocurrency crossed $0.14 yesterday with its market cap surpassing $17.3 billion. Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban mentioned the coin in their tweets. Mark Cuban revealed that over the previous month, the number of Mavericks'...

Coinbase Brian Armstrong

Coinbase CEO Responds to Peter Thiel's Opinion on Crypto

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Today, April 14 Coinbase CEO and co-founder Brian Armstrong gave an interview to CNBC, during which he talked about investing in Coinbase, the purpose of the platform, its goals for the future and if crypto may be used as a financial weapon. Company the valuation of which is now equal to that of...

Bitcoin Ethereum Cardano

New All-Time Highs from BTC, Ether, and Cardano

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The crypto market keeps surging. Not only are the prices growing, but there are also new all-time highs reached by a number of cryptocurrencies. Today BTC price set a record high of $64.870 coming closer to $65.000. The second-largest cryptocurrency Ether crossed $2.397 and Cardano surpassed $1.56....

Dogecoin surges

Dogecoin Reaches a New All-Time High of $0.14

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The price of Dogecoin has seen over a 79% increase in a day setting a new all-time high of over $0.14. It is the tenth cryptocurrency by market cap which stands at above $16.1 B. The coin is one of the top performers of the year in general. It gained more than a 2000% increase in 2021. There were...

Binance Coinbase stock token

Binance Is Adding Coinbase Stock Token

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Crypto trading platform Binance revealed the addition of the Coinbase stock token today. It will take place after Coinbase goes public on Nasdaq. This means Binance visitors will be offered to acquire Coinbase stock in portions. The platform outset listing non-commission, exchangeable stock...

ConsenSys Ethereum

ConsenSys Raised $65 M in its First Funding Round

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Today Ethereum-focused software company ConsenSys announced completing its first external funding round with over $65 M. Among the participants were major firms like JP Morgan, UBS, Mastercard, Alameda Research, Protocol Labs, Maker Foundation, and others. The financial backing was held through a...

BTC surged to $63.000

Bitcoin Reached a New All-Time High Surpassing $63.000

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The price of BTC has seen around a 5% increase in a day reaching a new all-time high of over $63.250 with a market cap of around $1.1 trillion. This surge happens ahead of the crypto exchange Coinbase's going public on Nasdaq, which will be on April 14. Generally, the majority of cryptocurrencies...

NYSE to launch NFTs

New York Stock Exchange Introduced Its First NFTs

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The world's largest stock exchange NYSE informed about the launching of “First Trade” NFTs symbolizing the first purchases of Unity, Coupang, Snowflake, Spotify, Roblox, and DoorDash. On its website the company noted that the number of NFTs will increase over time. 1/6: It’s a major...

Galaxy Digital Bitcoin ETF

Galaxy Digital Applied for Bitcoin ETF

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On April 12, financial services provider Galaxy Digital introduced an appeal with the SEC for a Bitcoin ETF. If authorized the product will be offered on the stocks and options market NYSE Arca previously known as ArcaEx. Its rate will be estimated through Bloomberg Galaxy Crypto Index. The firm...

Tesla stock tokens on Binance

Binance Issues Tesla Stock Token

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Trading network for cryptocurrencies, Binance has released non-commission, exchangeable stock tokens starting with Tesla. Operations for TSLA/BUSD started at 13:35 UTC on April 12, 2021. The tokens introduce Tesla's shares and customers will be able to swap them on the platform. There is also an...

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