Tag: Bitcoin

Cathie Wood bought 1 million shares of Grayscale Bitcoin Trust during crypto’s drop below $30,000

Ark Invest’s Cathie Wood took advantage of the volatility in bitcoin on Tuesday, buying up shares of Grayscale Bitcoin Trust and Coinbase. Wood — known for taking advantage of dips in her highest conviction picks —purchased 1,046,002 shares of the Grayscale Bitcoin Trust in the ARK Next Generation Internet ETF on Tuesday, a position worth

Bitcoin price ticks back up to $34,000 after China cryptocurrency scare

The digital currency has jumped 5.4% over the last 24 hours, reaching $34,368 per coin, according to CoinDesk. The cryptocurrency has lost almost half its value since it hit an all-time high in April. Other currencies have experienced similar price swings. Ethereum and dogecoin each rebounded about 4.8% and 8.9% respectively on Wednesday, after getting