The Marked Chart Wire · Crypto
HotEther
Ether rises 4.2% in 24 hours to $2,377
Ether traded near $2,377 at 9:52 AM New York time, up 4.2% from $2,282 a day earlier. US-listed stocks and funds that often move with it include COIN and ETHA.
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HotBitcoin
Bitcoin rises 4.4% in 24 hours to $80,624
Bitcoin traded near $80,624 at 10:12 AM New York time, up 4.4% from $77,253 a day earlier. US-listed stocks and funds that often move with it include MSTR, COIN, MARA, RIOT and IBIT.
Ark Invest
Ark Invest buys Coinbase and Circle, trims Bullish
Ark Invest purchased $17 million in Coinbase and Circle shares over two sessions while selling roughly $8 million in Bullish stock.
Aave
Aave falls 8.1% in 24 hours to $124
Aave traded near $124 at 10:31 PM New York time, down 8.1% from $135 a day earlier. US-listed stocks that often move with it include COIN and HOOD.
Coinbase
Morgan Stanley cuts Coinbase price target on slowing activity
Morgan Stanley lowered its price target for Coinbase by 50 percent. The firm cited declining trading volumes and the impact of the Binance hack on revenue outlooks.
Bitcoin
Bitcoin price rises above $80,000 mark
Bitcoin traded at $80,302.89 on Robinhood Crypto, marking a 3.43 percent gain for the day.
Circle
Circle trims staff by 5 percent amid falling reserve income
Circle disclosed a 5 percent workforce reduction in its latest earnings report, recording $9.1 million in restructuring costs. The company noted that reserve income declined by 8 percent during the period.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.