Crypto Stocks Rise as Bitcoin Plows Through $59K for First Time Since 2021
Submitted by Anonymous (not verified) on Wed, 02/28/2024 - 15:10Gains among exchange-traded funds were led by BlackRock's IBIT.
Gains among exchange-traded funds were led by BlackRock's IBIT.
ARK sold $34.3 million of shares in the crypto exchange, which is due to report earnings after the U.S. market closes.
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.
Total crypto market cap climbed to $2 trillion for the first time since April 2022.
The three crypto companies have together raised a total of $2 billion.
The crypto exchange will stop listing the token as of Feb. 20.
The number of shares to be offered and the price range for the proposed offering hasn't been set.
The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN.
Shifke is the CFO of Silbert's Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC filing.
Payments through bank accounts are still awaited.
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