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The cryptocurrency market has experienced significant volatility this week, driven by macroeconomic pressures and concerns about the bursting of the AI bubble. Despite this, the market intelligence platform Santiment argued that the onchain market value to realized value ratio indicates a prime buying opportunity. Macro Headwinds Batter Altcoins The volatility of the cryptocurrency market has […]

ARK Invest crypto stocks buying has continued with $42M in Circle, Bullish, and BitMine purchases Wednesday, as Cathie Wood's firm accumulates positions during sector weakness.
The post Ark Invest Snaps Up $42M in Circle, Bullish & BitMine Despite Brutal 9.6% Stock Crash appeared first on Cryptonews.

Sentiment around Bitcoin has suffered a major hit in recent weeks after the price fell below $100,000. This has led to a series of bearish predictions for the cryptocurrency, as many analysts and investors alike believe that the crash is far from over. One analyst, who goes by Mr. Wall Street on the X (formerly Twitter) platform, has predicted a step decline, revealing how low the Bitcoin price will go and when the crash should be expected to be over. Bitcoin Headed below $60,000? In the post, Mr. Wall Street expressed that the Bitcoin price has already hit its cycle top, and as such, there is nowhere else to go but down. The chart points to possible price reversals for the cryptocurrency, but ultimately, all of these are expected to be short-lived and precede furthe...

Young and rich investors want wealth advisers to offer crypto, and some have moved their money from those who don’t, according to a survey by Zerohash.

Cathie Wood’s ARK Invest bought over $39 million in Bullish, Circle and BitMine shares as crypto stocks dipped, signaling conviction amid market weakness.

Some users viewed the asset reallocation as an alarming sign of the platform’s ability to blacklist user funds without requiring a governance proposal.