Bullish (BLSH), the crypto platform and parent company of CoinDesk, reported second-quarter net loss of $280 million, on Thursday, compared to $108.3 million for the equivalent period a year earlier. Adjusted earnings before interest, taxes, depreciation and amortization came in at $29.5 million, more than… Read More
Ark Invest has a tendency to load up on shares in cryptocurrency companies when their prices are depressed, and June was no exception. Bitcoin BTC$58,471.34, the largest cryptocurrency, recorded its worst month in four years, and digital asset firms’ share prices suffered accordingly, which Ark… Read More
Crypto prices and U.S. stocks rallied Thursday on diminishing Middle East worries, but Circle (CRCL), Bullish (BLSH) and Coinbase (COIN) all posted sizable declines. Circle tumbled 9.9% to $85.10 after Compass Point downgraded the stock to Sell from Neutral and cut its price target by… Read More
The Nov. 25 buys included $7.6 million in Circle and $1.5 million in Bullish, with both stocks down on the day as BTC trades around $87,500.
