#Stock Market

The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.

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ForkLog 7 19.03.2023

Valkyrie executive: FTX collapse delays US Bitcoin ETF launch

Steven McClurg, the chief investment officer of Valkyrie Investments, said that the collapse of the FTX exchange has further delayed the launch of a spot bitcoin ETF in the United States.

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ForkLog 7 17.03.2023

Playboy posts $4.9 million impairment on Ethereum received for NFT Rabbitars

PLBY Group, the parent company of Playboy, booked an impairment loss on Ethereum received as payment for the Rabbitars NFT collection. This is according to the 2022 SEC filings.

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ForkLog 7 17.03.2023

21Shares to discontinue six crypto ETPs amid weak demand

The Swiss company 21Shares has decided to close six cryptocurrency exchange-traded products (ETPs) due to weak demand. CoinDesk reports.

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ForkLog 10 16.03.2023

Ark Invest spent a further $9 million buying Block shares

Three Ark Invest-managed exchange-traded funds bought Block securities, the company of Jack Dorsey, for more than $9 million in total. This is according to the management company's report.

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ForkLog 13 28.02.2023

Bernstein analysts flag decline in cryptocurrencies’ correlation with the US stock market

The correlation of cryptocurrencies with US equities and macroeconomic events is weakening amid bitcoin's current flat price action.

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ForkLog 13 28.02.2023

Digital Currency Group reports a $1.1 billion loss for 2022

The Digital Currency Group (DCG) reported a net loss of $1.1 billion and $262 million in cash and cash equivalents in its 2022 report, as reported by CoinDesk.

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ForkLog 8 22.02.2023

Moody’s downgrades Silvergate Bank rating

Moody’s downgraded Silvergate Bank’s rating from 'Ba3' to 'B2' following a reduction in the baseline credit assessment of the financial institution. The Block reports.

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ForkLog 8 22.02.2023

Coinbase reports $557 million loss in Q4

Net loss of Coinbase in Q4 2022 was $557 million, or $2.46 per share, beating market expectations ($2.52). In after-hours, the shares showed high volatility.

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ForkLog 8 14.02.2023

ARK Invest buys more Coinbase shares worth about $6.7 million

ARK Invest’s Cathy Wood added 16,414 Coinbase shares to the portfolio.

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ForkLog 4 13.02.2023

ARK Invest’s Cathie Wood allocates $9.3 million toward Coinbase shares

ARK Invest's flagship fund, Ark Innovation ETF (ARKF), acquired 139,105 Coinbase shares, and ARK Next Generation Internet ETF (ARKW) — 23,220. In total, the funds could have spent around $9.27 million.

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ForkLog 8 10.02.2023

PayPal customers bought $604 million in cryptocurrency

The value of customer-held digital assets on PayPal's balance sheet at the end of 2022 was $604 million. Such data are contained in the company's annual report to the SEC.

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ForkLog 6 09.02.2023

Robinhood’s cryptocurrency revenue fell 24% to $39 million

In Q4 2022, Robinhood's revenue from cryptocurrency-related operations fell 24%, to $39 million. The company said so in the report.

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