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Ark Invest Buys $18 Million in Crypto Stocks Including 10th Bullish (BLSH) Buy in a Row

Ark Invest added another $18 million worth of crypto-adjacent stocks to its holdings on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish ( BLSH ). That St. Petersburg, Florida-based company also bought for $12 million crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of ether ETH$1,971.48 Treasury firm Bitmine Immersion

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Crypto market falters as investors ignore good news, look for ‘exit ramp’: Crypto Daybook Americas

Crypto Daybook Americas will not be published on Monday, February 16 due to the President’s Day holiday in the United States. We will be back on February 17th. By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin BTC$67,086.99 is headed for a fourth straight weekly decline in its longest negative streak since mid-November. The

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Bitcoin, Ether Little Changed Before US Inflation Report: Crypto Markets Today

Bitcoin BTC$66,560.23 rose to test $67,000 early Friday and was quickly rejected, though it’s still about 1% higher since midnight UTC with ether ETH$1,946.09 rises half as much. The derivatives market also shows signs of positivity. The CoinDesk 20 Index (CD20) is little changed, up just 0.7% for the period. While the gains mark a

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Ramil Ventura Palafox gets 20 years in prison over $200 million bitcoin Ponzi scheme

The CEO of Praetorian Group International (PGI) was sentenced to 20 years in prison in the United States for running a global Ponzi scheme that falsely claimed to invest in bitcoin and currency trading. Ramil Ventura Palafox, 61, promised daily returns of up to 3%, misled more than 90,000 investors and drained more than $62.7

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BTC’s Long-Term Rally Is ‘Broken’ Until Price Regains $85,000, Deribit CEO Says

Bitcoins BTC$66,950.20 long-term rally is “broken” and will remain so until the price climbs above $85,000, said Jean-David Péquignot, chief commercial officer of derivatives exchange Deribit. The largest cryptocurrency has settled in the $60,000 to $70,000 range in the past week, about 45% below the all-time high it hit in October. It is on track

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JPMorgan (JPM) Cuts Coinbase (COIN) Target to $252 After 4Q Miss, Keeps Overweight Rating

Wall Street analysts from firms including JPMorgan ( JPM ) and Cannacord cut their price targets for Coinbase ( COIN ) shares after the largest publicly traded crypto exchange missed fourth-quarter earnings estimates. JPMorgan said weak crypto prices and trading activity weighed on volumes and fees. The bank maintained its overweight rating on the crypto

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