Category: Ark

  • Strong inflows into ARK 21Shares, Fidelity Bitcoin ETFs end 8-day outflow streak

    The United States exchange funds in the United States recorded a $ 94.3 million flow on February 28-breaking eight consecutive days of external flows as Bitcoin achieved a partial recovery of about $ 85,000. The Ark 21shares Bitcoin Etf (ARKB) and Foundelity Wise Origin Bitcoin Fund (FBTC) led the road…

  • Bitcoin To $1.5 Million? Ark Invest CEO Cathie Wood Says It’s Coming

    This article is also available in Spanish. Ark Invest’s Cathie Wood is steadfast that Bitcoin may rise to $ 1.5 million by 2030Despite the bold projection that causes a stir through the encryption space. Related reading It is known for its noble technical expectations, the financial teacher described this position…

  • ARKA NOEGO / NOAH’S ARK: On Solidarity and Bitcoin

    A Peaceful Revolution During the 1980’s, a genuine popular movement arose in Poland that ended up toppling the communist regime in that country. Although there were many anticommunist intellectuals writing and being read in Poland at the time, the spark that ignited the peaceful revolution that ended Soviet rule was…

  • Scaling Bitcoin Practically With Ark Labs

    Company Name: Ark Labs Founders: Marco Argenteri and Simone Giacomelli Establishment date: June 2024 Headquarters location: Europe Number of employees: Six full time Website: https://arklabs.to/ Public or private? private Ten years ago, right out of high school, Marco Argenteri began his career in Bitcoin. Some of his early work in…

  • What Ark Could Potentially Learn From Lightning

    Ark is the third major Layer 2 protocol with some form of unilateral exit or execution mechanism at the base layer to get closer to the launch point on Bitcoin. Lightning came first when C-Lightning launched in the Reckless campaign in 2018, Statechains in 2021 when Mercury Wallet launched, and…

  • Tim Draper Invests in Ark Labs to Make Bitcoin Payments Easier

    Ark is one step closer to turning its Bitcoin scalability proposal into reality. After a year of research focused on improving the reference implementation, Ark Labs today announced the completion of a $2.5 million seed funding round led by Tim Draper and his firm Draper Associates. While the technical feasibility…

  • Tim Draper Invests in Ark Labs to Make Bitcoin Payments Easier

    Ark is one step closer to turning its Bitcoin scalability proposal into reality. After a year of research focused on improving the reference implementation, Ark Labs today announced the completion of a $2.5 million seed funding round led by Tim Draper and his firm Draper Associates. While the technical feasibility…

  • Cathie Wood’s Ark Invest Snaps Up $5.3M In Beaten-Down Crowdstrike Shares, Dumps $3.7M Worth Of Tesla Stock Before Q2 Earnings

    Cathie Wood’s Ark Invest Sold $5.3 Million in Crowdstrike Stock, Dumped $3.7 Million in Tesla Stock Ahead of Q2 Earnings on monday, Katie Wood-Drove Ark Invest He made major deals including: CrowdStrike Holdings (NASDAQ: CRWD) and Tesla Inc. (NASDAQ:TSLA), despite the turbulent market conditions surrounding these companies. Crowdstrike Trading the…

  • Ark Invest exits Ether ETF race, 21Shares rebrands fund

    Cathie Wood’s Ark Investment Management has withdrawn from the race to launch an Ethereum spot trading fund (ETF), with its name removed from the application submitted to 21Shares. 21Shares has filed an updated filing for its ETF, rebranding the fund from the 21Shares Ark Ethereum ETF to the 21Shares Core…

  • Cathie Wood’s Ark Investment Management Bets Big On Elon Musk’s AI Venture, XAI

    A picture of the economic era In a move that underscores the growing importance of artificial intelligence (AI) in the global technology landscape, Cathie Wood’s Ark Investment Management has made a major investment in Elon Musk’s artificial intelligence startup, xAI. This strategic acquisition, which represents approximately 2% of Ark’s holdings,…

  • Stocks held by ARK Invest’s flagship innovation fund have seen huge losses. Here are the fund’s 10 biggest losers.

    Photo by Marco Bello/Getty Images Ark Invest’s leading ETFs are experiencing huge losses, with individual holdings falling by as much as 93%. The fund’s performance has significantly underperformed the broader stock market, and only one of its top 10 holdings is in the green. These are the top 10 losing…

  • ARK, 21Shares strike staking feature from Ethereum ETF plans

    ARK Invest and 21Shares have decided to remove the cryptocurrency staking feature from their Ethereum (ETH) exchange-traded fund (ETF) proposal. Changes in Staking Plans, and the SEC’s Response The decision to remove quotas from the ETF structure follows successful discussions with the US securities regulator, which led to a move…