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Ark Invest trimmed its position in Coinbase stock yesterday, reducing its holdings by approximately $43.8 million in value.

7 hours ago

On July 1st, as reported by The Block, on Monday. Cathie Wood's Ark Invest disposed of 124,892 shares of Coinbase stock, which was valued at approximately $43.8 million. Coinbase (COIN) closed on Monday with a decline of 0.83% at $350.49. Over the past month, the stock has witnessed a rise of 42.12%, and year-to-date, it has shown an increase of 41.16%.
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ECB Governing Council: Any further interest rate cuts will be very limited

On July 1st, a board member of the European Central Bank, Kazaks, stated that the 10% U.S. tariff, along with the euro's appreciation of more than 10%, is sufficient to exert a negative impact on exports. Any further reductions in interest rates will be quite limited. (Foreign exchange)

4 minutes ago

The New Continent's stock price has increased by 4.98% over the past 5 days, and its market value has risen to 32.634 billion yuan.

On July 1st, the stock price of NewLand listed on the Shenzhen Stock Exchange main board has witnessed a 4.98% increase over the past 5 days. As a result, its market value has risen to 32.634 billion yuan. Previously, NewLand announced that its wholly-owned subsidiary, NovaPay US Inc., which is a fully-owned subsidiary of its holding subsidiary Hong Kong Star Delivery Payment Co., Ltd., has been established and has obtained an MSB license approved by FinCEN in the United States. NovaPay US Inc. has a registered capital of 1 US dollar, and its business scope includes currency exchange or transfer, encompassing currency exchange and international remittance services. The company's acquisition of the US MSB license is intended to provide a legal access qualification for conducting cross-border fund business, covering scenarios such as currency exchange, remittance, and cryptocurrency transactions, and to offer infrastructure for connecting with global mainstream financial institutions.

4 minutes ago

Bitget has successfully distributed a special airdrop reward of 5 million USDT to users in the Greater China region

On July 1st, Xie Jiayin, who is the Head of Bitget Chinese Community, announced that Bitget has completed a special airdrop of 5 million USDT to users in the Greater China region. The source of this airdrop consists of: 1) 3 million USDT retrieved from the abnormal profit incident in mid-April; 2) an additional 2 million USDT added by Bitget. Users who meet the following conditions have received airdrops of 20 to 100 USDT: · On June 29th, the account held ≥100 USDT in assets and had a trading volume of ≥100 USDT in the past 3 months; · In the past 3 months, for a trading volume of 100 USDT to 10,000 USDT, a 20 USDT airdrop was given; for a trading volume >10,000 USDT, a 50 USDT airdrop was given; · On June 29th, if holding ≥100 BGB, an additional 50 USDT was airdropped. Three types of accounts are not included in this airdrop: accounts on the historical blacklist, those under the same risk control, and those with high-risk characteristics. Bitget has compensated affected users with 1

4 minutes ago

New Continent: Establishing an overseas subsidiary and obtaining a US MSB license, covering scenarios such as cryptocurrency transactions

On July 1st, Newland (000997.SZ) announced that the wholly-owned subsidiary Hong Kong Xingyi Payment Co., Ltd. of its own has a wholly-owned subsidiary NovaPay US Inc. which has been established and has obtained the MSB license approved by FinCEN in the United States. NovaPay US Inc. has a registered capital of 1 US dollar, and its business scope encompasses currency exchange or transfer, including currency exchange and international remittance services. The company's acquisition of the US MSB license is intended to provide a legal access qualification for conducting cross-border fund business, covering scenarios such as currency exchange, remittance, and digital currency transactions, etc. It aims to provide infrastructure for connecting with global mainstream financial institutions, lay the foundation for the development of cross-border payment-related business, assist the company's global strategic layout, and contribute to achieving the vision of a leading digital business enterpr

4 minutes ago

Thumzup Media will conduct a $6.5 million private placement, with the raised funds to be used to increase cryptocurrency holdings.

On July 1st, Thumzup Media Corporation (Nasdaq: TZUP), which has a market capitalization of approximately $65.7 million, has witnessed a more than 100% increase in its stock price over the past six months, as per InvestingPro data. The company announced on Monday that it has reached a final agreement with investors to carry out a $6.5 million registered direct offering. Under the terms of the agreement, investors will subscribe to up to 1,083,333 common shares at a price of $6.00 per share, including shares that may be converted from C Series Convertible Preferred Stock. The offering encompasses 179,500 shares of non-voting C Series Preferred Stock and has 4.99% and 9.99% beneficial ownership limits. Thumzup stated that the funds raised through this offering will be utilized for general corporate purposes and to explore additional opportunities to enhance exposure to cryptocurrency. The exclusive placement agent for this offering is Dominari Securities LLC. The offering will be made

4 minutes ago

US Stock Crypto Concept Stocks See Mixed Pre-market Trading, Circle Up 1.73%

On July 1st, in the pre-market trading of US stock cryptocurrency-related companies, there was a mixed performance, including: · Bitmine Immersion with a decrease of 5.60%; · Sharplink Gaming with a decrease of 2.11%; · Circle with an increase of 1.73%; · Microstrategy with a decrease of 1.26%; · Coinbase with a decrease of 1.44%; · MARA Holdings with a decrease of 1.53%; · Robinhood with an increase of 2.96%.

4 minutes ago