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Cathie Wood’s Ark Invest increased its exposure to crypto-related equities, adding shares of Coinbase and Robinhood Markets across several of its exchange-traded funds (ETFs) as broader markets pulled back. The company purchased a combined 22,452 shares of Coinbase across the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF

The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday. The South Korean Kospi and Kosdaq each plunged more than 10% during morning trading in Seoul, triggering a circuit breaker as the indexes saw their worst session since August 2024

A former Los Angeles Police Department officer has been convicted of kidnapping a 17-year-old and stealing $350,000 worth of crypto in a 2024 home invasion. A Los Angeles County Superior Court jury found Eric Halem guilty of kidnapping and robbery on Monday after a two-week trial, the Los Angeles Times reported. The court was told

Indiana will start allowing certain retirement and savings plans to include crypto investments and has enacted stronger legal protections for the crypto industry under a newly signed bill.  Governor Mike Braun signed House Bill 1042 into law on Tuesday, after it passed the legislature last Thursday. The legislation requires Indiana’s state public retirement and savings

Bitwise chief investment officer Matt Hougan says he’s drastically cut his estimates of when “on-chain finance” will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the US-Israel attack on Iran. In a post on Tuesday titled “The weekend that changed finance,” Hougan said crypto perps futures

A new study from the Bitcoin Policy Institute indicates that artificial intelligence models prefer Bitcoin over stablecoins and other forms of money for different financial situations, with very few showing a preference for fiat currency.  The BPI tested 36 models generating more than 9,000 responses, and the AI agents “overwhelmingly chose to use Bitcoin for

David Bailey, a former crypto advisor to the Trump administration, argues that the US government could be doing more to support Bitcoin adoption.  “At the end of the day, liking Bitcoin is not enough,” Bailey said during the Bitcoin Investor Week Conference in New York, which was published to YouTube on Tuesday. “The Trump administration

Australia could unlock 24 billion Australian dollars ($17 billion) annually from advances in tokenized markets and digital assets, but only if lawmakers start moving forward with regulation, according to a new report from a local fintech research group. In a report titled “Unlocking Australia’s $24b Digital Finance Opportunity,” which was published on Monday, the Digital

US President Donald Trump criticized banks for stalling the Senate’s crypto market structure bill amid disagreements over stablecoin yield payments. “The Genius Act is being threatened and undermined by the Banks, and that is unacceptable — We are not going to allow it,” Trump posted on his Truth Social platform on Tuesday, mentioning the GENIUS

Billionaire investor Ray Dalio has warned against Bitcoin as a long-term store of value and safe-haven asset, arguing that it has little central bank support and has lingering concerns over its privacy limitations and quantum resistance. Dalio dismissed the idea that Bitcoin (BTC) can function as a digital gold, telling the All-In Podcast on Tuesday