Ark Invest Returns To Coinbase After Sell-Off As Stock Surges

  vor 8 Monaten

Cathie Wood’s ARK Invest moved back into Coinbase Global shares at the end of the week after recently trimming exposure across several exchange-traded funds. The asset manager accumulated stock across its flagship ARK Innovation, Next Generation Internet, and Fintech Innovation funds in a coordinated buying move. ARK purchased 66,545 shares through ARKK, added 16,832 through ARKW, and picked up 9,477 more via ARKF according to daily trade disclosures released by the firm. The combined transaction represented roughly $15 million in additional exposure to the cryptocurrency exchange operator. Coinbase shares jumped sharply the same day, closing at $164.32 after rising about 16.4% before gaining modestly again in extended trading. The rebound coincided with improving investor sentiment following recent volatility in digital asset markets and renewed interest in technology-linked equities. Alongside Coinbase, ARK also increased its holdings in Roblox Corporation across the same group of funds as part of broader portfolio adjustments. Reversal After Recent Reductions The new accumulation came shortly after ARK reduced its Coinbase exposure earlier in February. The firm sold around $17.4 million worth of shares on February 5, marking its first reduction of the year and its first since August 2025. Another $22 million in Coinbase stock was sold the following day as the manager rotated funds toward the digital-asset platform Bullish. Coinbase had previously weighed heavily on ARK performance during the fourth quarter of 2025 amid a wider cryptocurrency downturn. During that period the exchange’s shares declined more sharply than both Bitcoin and Ether as market trading activity weakened. The renewed buying suggests ARK views the recent sell-off as a valuation opportunity rather than a structural shift in the company’s prospects. Earnings Pressure And Market Conditions Coinbase recently reported a fourth-quarter net loss of $667 million, ending eight consecutive profitable quarters. Earnings per share came in at 66 cents compared with expectations of 92 cents while net revenue fell 21.5% year-over-year to $1.78 billion. Transaction revenue declined nearly 37% to $982.7 million, reflecting weaker trading volumes during a softer crypto market environment. Subscription and services revenue, however, rose more than 13% to $727.4 million as recurring product demand partially offset trading weakness. The company generated $420 million in transaction revenue early in the first quarter but warned subscription and services revenue could decline. The mixed outlook highlights how sensitive crypto exchanges remain to broader digital asset sentiment cycles.

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Truth Social Pushes Into Crypto ETFs With BTC, ETH and CRO Exposure

  vor 8 Monaten

Truth Social Funds has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for two digital asset exchange-traded funds tied to bitcoin, ethereum, and cronos, adding staking rewards to the equation. Trump Media Affiliate Files for Dual Crypto ETFs The proposed products are the Truth Social Cronos Yield Maximizer ETF and the

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Musk's Grok gains on Gemini, ChatGPT, defying deepfake regulatory backlash

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Elon Musk’s artificial intelligence business xAI is under pressure from regulators on many continents after its chatbot Grok created AI-generated, inappropriate pictures of actual people, despite the fact that the company claims significant user growth and concludes a major merger with SpaceX. Last month, Grok flooded the X social media platform with AI-altered images of real individuals after users requested them. The episode sparked outrage worldwide and triggered investigations by governments and regulators. Although X announced restrictions that stopped Grok’s own account on the platform from creating such images, Reuters confirmed earlier this month that the chatbot itself still generates them when users ask it to. Regulators in three regions open investigations The impact has spread to three major jurisdictions. The European Unio n op ened a formal investigation against Grok after estimations revealed that it had created millions of deepfake photos in only a few days. The EU might levy substantial fines . The Japanese government has requested improvements from X and submitted written inquiries, citing concerns over the generation of inappropriate images. In the United States, California has gone one step further and issued a cease-and-desist order to xAI, ordering the business to stop producing such content. Despite the controversy, Grok’s numbers tell a different story in terms of audience growth. The chatbot’s share of the U.S. market jumped to 17.8% last month, up from 14% in December and just 1.9% in January, according to data from research firm Apptopia . That puts Grok in third place among chatbots used in the United States, behind OpenAI’s ChatGPT in first and Google Gemini in second. ChatGPT’s U.S. market share fell drastically to 52.9% last month, down from 80.9% in January o f the pr evious year. Gemini moved in the other direction, increasing its share to 29.4% from 17.3% throughout the same time. Grok made considerable progress on a worldwide scale. According to Similarweb data, the chatbot, up from 271.2 million the previous month, surpassed its Chinese competitor DeepSeek. Grok earned 314 million global web views in January. Source: SimilarWeb These findings come against the background of phenomenal industry-wide expansion, with Apptopia statistics suggesting a 152% year-over-year growth rate in the chatbot market. Grok’s success may be ascribed in large part to its deep integration with the X platform. The chatbot appears in the app’s navigation bar and is available in several tiers of X’s premium membership plans, guaranteeing constant exposure to the platform’s user base. The growth matters financially for xAI, which has been burning through cash to build the computing infrastructure needed to compete with better-funded rivals in Silicon Valley. The compan y la unched roughly three years ago. SpaceX acquisition creates a $1.25 trillion entity Earlier this month, SpaceX, Musk’s rocket and satellite firm, bought xAI for $250 billion. CNBC said that the merged corporation is worth $1.25 trillion, making it the biggest merger of its kind. The deal was structured as a share exchange, which is intended to safeguard SpaceX from any obligations associated with xAI. The acquisition takes place as SpaceX prepares for its first public offering, but xAI’s ongoing troubles hamper the process. On Wednesday, Musk also made management changes at xAI after several co-founders left the company. Of the original 12 co-founders, only half remain. Musk, speaking on X, said the company had been “reorganized” to “improve the speed of execution,” adding that this “required parting ways with some people.” He also said, “We are hiring aggressively.” Musk defined Grok’s mission at a 2025 event as creating a “maximally truth-seeking AI,” a declared goal that now stands in stark contrast to the ethical problems the business is being required to face. Get 8% CASHBACK when you spend crypto with COCA Visa card. Order your FREE card.

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China’s Alibaba AI KIMI Shares How High XRP Price Will Go in 2026

  vor 8 Monaten

KIMI, an artificial intelligence model connected to Alibaba Group’s ecosystem, has outlined a detailed price outlook for XRP through the end of 2026. The projection arrives as the asset continues recovering from ongoing volatility and attempts to regain momentum after its post-rally cooldown. Visit Website

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Analyst: If XRP is to see a Major Bounce, this is the Territory for it

  vor 8 Monaten

Cryptocurrency markets rarely signal their next major move in plain sight. Instead, decisive moments emerge quietly at key technical thresholds, where historical structure, trader behavior, and market sentiment converge. XRP is now approaching such a critical zone , drawing the attention of long-term investors and technical analysts alike, all watching for signals that could define its next significant trajectory. In a recent X post, ChartNerd highlighted this pivotal area, focusing on a long-term technical benchmark that filters out short-term volatility to reveal the underlying trend. The analyst emphasized that how XRP behaves around this level could determine whether it stabilizes for a potential rebound or extends its correction. The Role of Long-Term Moving Averages Exponential moving averages, particularly those spanning multiple weeks, act as structural guides for price. Traders use them to separate temporary noise from genuine market shifts. The 200-week EMA, in particular, serves as a slow-moving support and resistance level. If $XRP is to see a major bounce, this is the territory for it. This 200 Week EMA (red line) acts as a reliable, slow-moving support/resistance level that filters out short-term market noise. Hold it, we rocket. Lose it, $0.70 is a possibility. Buckle up! https://t.co/YNMdGmWMWQ pic.twitter.com/PmWmJyjjHN — ChartNerd (@ChartNerdTA) February 13, 2026 Its significance lies in its ability to compress years of price data into a single reference point, allowing investors to gauge whether bullish momentum remains intact or long-term weakness is emerging. When assets respect the 200-week EMA, markets often stabilize and rebuild upward momentum. Conversely, a decisive break below it can trigger further retracement before buyers reassert control. This dynamic makes it one of the most closely watched indicators in cryptocurrency technical analysis. XRP at a Pivotal Crossroad ChartNerd identified the $1.41 region , aligned with the 200-week EMA, as a critical territory for XRP. Holding this level could signal that long-term buyers continue absorbing selling pressure, setting the stage for a potential major bounce. If the market maintains support here, it could provide the foundation for renewed confidence and upward momentum. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 However, failure to defend this threshold may open the path toward lower support levels, with $0.70 emerging as a possible target for extended retracement. Such a scenario would likely shift attention from immediate upside to patient accumulation, but it would not undermine XRP’s broader adoption narrative. Separating Noise from Structure Short-term volatility often amplifies emotional reactions, creating the illusion of decisive market moves. Sharp intraday swings can mislead traders into overreacting to temporary shifts. Long-term structural levels like the 200-week EMA provide an objective lens through which to assess true market direction, filtering out the distractions of temporary panic or exuberance. Looking Ahead XRP now approaches a zone where confirmation matters more than speculation. How it interacts with the 200-week EMA will influence both market psychology and the trajectory of the next move. For investors and traders, the coming weeks could define whether XRP embarks on a sustained rebound or undergoes further consolidation—reminding the market that decisive moments often start quietly, long before headlines catch up. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: If XRP is to see a Major Bounce, this is the Territory for it appeared first on Times Tabloid .

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