Cathie Wood said on Monday that her firm is very positive on Coinbase, and exchanges more broadly after Ripple's partial legal win.
handed Ripple Labs a partial victory in an ongoing dispute with the Securities and Exchange Commission. And that's despite Ark Invest's recent sales of the company's stock.
"We’re very positive on Coinbase, especially in light of the court ruling for Ripple and against the SEC," she said on BloombergArk Invest sold off an additional worth of Coinbase stock on July 15 as the stock rallied. Wood attributed the selling activity to simple profit taking to reallocate"capital to perhaps some laggards."TradingView© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Cathie Wood's ARK Sells Another $50.5M Coinbase Shares.ARKInvest sold another $50.5 million worth of coinbase shares on July 14 cashing in on the stock's recent rally. By JamieCrawleyCD.
Weiterlesen »
Investor Cathie Wood Says Threads Will Light Fire Under Musk And Twitter—But Cuts Valuation For Company By Nearly 50%Wood said she’d still “love” to up her stake in Twitter even amid declining ad revenues and continued debt issues at the company.
Weiterlesen »
Coinbase's market cap relative to Uniswap surgesCoinbase's market cap relative to popular DEX uniswap has surged.
Weiterlesen »
Coinbase Adds Messaging Function to Crypto Wallet.Coinbase is giving its crypto wallet users a way to talk. Its new encrypted messaging feature lets any two Ethereum addresses communicate — provided they both plug into the same messaging backbone — a communications protocol called XMTP.
Weiterlesen »
Judge Criticizes SEC Approval of Coinbase IPO in Pre-Motion Conference – News Bitcoin NewsOn the approval of Coinbase IPO, Failla stated: 'You never could have said to them, hey, you guys need to register as a securities exchange. That was within the power of the SEC to do, was it not?'
Weiterlesen »