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ARK Invest has returned to buying shares of Coinbase Global after trimming its position, adding roughly $15 million worth of stock across several of its actively managed exchange-traded funds (ETFs) on Friday.The Cathie Wood-led asset manager purchased 66,545 Coinbase shares through the ARK Innovation ETF (ARKK), 16,832 shares through Next Generation Internet ETF (ARKW) and 9,477 shares through Fintech Innovation ETF (ARKF), according to the firm’s daily trade disclosures.The buying activity coincided with a sharp surge in Coinbase stock. Shares closed the trading session at $164.32, up about 16.4% on the day, before edging higher in after-hours trading, according to…
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“Do you realise that fluoridation is the most monstrously conceived and dangerous communist plot we’ve ever had to face?” This isn’t RFK Jr talking. It’s General Jack D. Ripper, played by Sterling Hayden in Stanley Kubrick’s 1964 film Dr Strangelove or: How I Learned to Stop Worrying and Love the Bomb. Ripper believes that the Soviets are poisoning America’s drinking water to make all Americans, including him, sexually impotent, so he goes rogue and orders the nuclear-armed B52 bombers under his command to attack Russia. US President Merkin Muffley (played by Peter Sellers), General Buck Turgidson (played by George C.…
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In brief A Connecticut man is facing up to 375 years in prison for allegedly gambling away crypto customers’ funds on Stake. Prosecutors say…
When Sen. Mark Kelly (D–Ariz.) reminded U.S. military personnel that they “can refuse illegal orders,” a federal judge in Washington, D.C., ruled on Thursday,…
Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions.Key takeaways:Institutional demand for Ether…
In brief Figure confirmed a data breach, saying that an employee was tricked in a social engineering attack. Stolen files allegedly include names, addresses,…
Core among the rights protected by the First Amendment is the right to demonstrate. No matter what our message is, whether other people are…
from the our-digital-history dept Last fall, I wrote about how the fear of AI was leading us to wall off the open internet in…
As Steven Calabresi notes, this is the tenth anniversary of Justice Antonin Scalia’s death. The American Enterprise Institute hosted a two-day conference on his…
The current impasse over stablecoin yields in the U.S. Senate’s crypto market structure bill is now in writing, and the crypto side is holding…
The Netherlands’ House of Representatives advanced a legislative proposal on Thursday to introduce a 36% capital gains tax on savings and most liquid investments,…
In brief The CEO of Binance France was the target of a home invasion attempt by three intruders, according to a local news report.…
from the utterly-unsurprising dept The Trump administration has fired one of the few remaining members of the administration that had even a passing interest…
Ring, the Amazon-owned company that makes video doorbells and other home security devices, aired its first Super Bowl ad this year. As Reason reported,…