BlockPress

BlockPress

ARK Invest scoops up Coinbase, BitMine shares amid stock dips

ARK Invest, the prominent investment management firm known for its disruptive innovation focus, made significant additions to its holdings on Friday, capitalizing on market dips in the cryptocurrency sector. The firm’s purchases totaled nearly $50 million, strategically allocated across two…

Strategy expands STRC offering twice in two weeks

The strategic accumulation of Bitcoin (BTC) by the company, facilitated through both corporate equity and debt offerings, is a significant aspect of its financial strategy. This approach allows the company to acquire BTC without directly using operational cash flow, thus…

As Trump challenges Fed independence, key FOMC member resigns

Adriana Kugler’s resignation from the Federal Reserve Board marks a significant development amidst rising political pressure and questions surrounding Chairman Jerome Powell’s continued leadership. While the official statement may cite personal reasons or future endeavors, the timing suggests a confluence…