Cathie Wood’s Ark Invest Buys the Bitcoin Dip, Adds $20 Million in GBTC

Bitcoin’s recent 40% decline from highs has sparked the interest of institutional investors looking to buy in. For Ark Invest, though, it was a case of buying the Bitcoin dip. Recent SEC filings revealed that Ark Invest purchased $19,872,939 worth of Bitcoin during the past week’s market turmoil.

Uniswap v3 looks set for layer-two scaling on both Arbitrum and Optimism

Uniswap is now planning layer-two deployments on both Arbitrum and Optimism. The Uniswap community has voted in favor of launching the leading decentralized exchange’s v3 iteration on layer-two scaling solution, Arbitrum. 

ETH breakdown to $2,000 looms in the wake of rejection at $2,900

Ethereum is back in red after a consistent rise toward $3,000. The breakout from last week’s key support at $1,750 failed to overcome seller congestion at $2,900. Note that the ongoing retreat is not unique to Ether but appears to be pulling the whole market down.

Paypal will Enable Crypto Withdrawals to External Wallets

Paypal drew attention as headlines in Q3 2020 when it announced its support for the trading of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). The move marked a new milestone for the crypto industry as million of Paypal customers and listed merchants now directly access the crypto.

Elon Musk Clarifies He Does Not Control Dogecoin (DOGE)

Tesla CEO Elon Musk has made it clear on social media he does not control the meme-inspired cryptocurrency Dogecoin (DOGE) and that his “ability to take action is limited.” Dogecoin, he said, has no formal organization. Musk has engaged with Dogecoin’s developers to try and keep the cryptocurrency’s development progressing and even asked his over 56 million followers on the microblogging platform to submit ideas to help develop DOGE.

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Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst ...
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Chimeras Play-to-Earn Metaverse Completes Successful Funding Round

PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn project’s market and product development. October 18th, 2021 – The ...
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Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months 

On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their ...
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Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law

The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local ...
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As DOGE, SHIB Markets Fall Back, Baby Doge Coin and Dogelon Mars Prices Skyrocket

Following shiba inu’s 260% gains during the last 30 days, the third-largest meme-based crypto asset in terms of market capitalization, baby doge coin (BABYDOGE), has taken the lead in terms ...
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