Cathie Wood sells Coinbase shares amid insider trading allegations

Cathie Wood sells Coinbase shares amid insider trading allegations

One of the largest stockholders of the Coinbase cryptocurrency exchange has dumped a massive amount of shares as regulators reportedly probe the firm for alleged insider trading. Cathie Wood’s investment firm Ark Investment Management has sold a total of more than 1.4 million Coinbase (COIN) shares, according to trading data…

Bitcoin heads into FOMC day on 24-hour highs amid concern over .3K top

Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top

Bitcoin (BTC) attempted to claw back losses on July 27 as a macro day of reckoning arrived for risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: $24,300 resistance “not a good sign” Data from Cointelegraph Markets Pro and TradingView confirmed a 24-hour high for BTC/USD prior to the…

Uncertainty around French laws prompted F1 racers to remove crypto branding: Report

Uncertainty around French laws prompted F1 racers to remove crypto branding: Report

Many Formula 1 international racing teams reportedly removed or covered branding and logos from crypto-related sponsors in response to uncertainty around France’s advertising regulations. According to a Tuesday report from RacingNews365, Crypto.com’s logos were not on display during the French Grand Prix on Sunday — the crypto exchange has been…

IMF recession warning sees Bitcoin dip under K amid fresh M BTC price forecast

IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast

Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States’ anti-inflation policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed jitters test market resolve Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ending a period…