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Cathie Wood's ARK Invest Doubles Down on Coinbase: $11.5 Million Buy Amid Market Plunge

Despite a 17.6% drop in Coinbase shares ($COIN) today, ARK Invest, led by Cathie Wood, made a significant $11.5 million purchase of the cryptocurrency exchange's stock. This move comes amidst broader market turmoil, suggesting continued confidence in Coinbase's future prospects.


🚨BREAKING: ETHEREUM FOUNDATION WILL BE LIQUIDATED FOR +$100M IF THE PRICE HITS $1,100🕯

PRAY FOR #ETHEREUM


The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates, according to a market commentator.

Doing so increases the likelihood that the US won’t need to refinance around $7 trillion in debt it owes over the next few months, Bitcoin commentator Anthony Pompliano said in a March 10 X post.

US President Donald Trump and Secretary of the Treasury Scott Bessent are “taking matters into their own hands; they’re crashing asset prices in an attempt to force Jerome Powell to cut interest rates,” said Pompliano, who serves as the founder and CEO of Professional Capital Management and host of The Pomp Podcast.


The X social media platform experienced several outages on March 10, with users struggling to access the site.

The X social media platform has been hit with a “massive cyberattack” that has prevented some users from accessing the site, platform owner Elon Musk confirmed on March 10.

“We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is involved,” Musk said.

Although user functionality was quickly restored, Musk implied that the attack was still ongoing.

At the time of writing, there were more than 33,000 reports of X outages on March 10, according to Downdetector.


The Thai Securities and Exchange Commission (SEC) has approved the use of the largest two stablecoin assets, Tether (USDT) and Circle’s USD Coin (USDC), in digital asset transactions.

According to a recent statement, this decision allows these stablecoins to serve as base trading pairs on exchanges, support investments in Initial Coin Offerings (ICOs), and facilitate transactions through ICO portals.

The new rule follows a public hearing in February and will take effect on March 16.

Tether CEO Paolo Ardoino welcomed the move, emphasizing the company’s commitment to Thailand’s digital economy. He stated that Tether aims to provide a secure and transparent stablecoin experience while supporting the country’s digital asset ecosystem.


Kraken prepares for an IPO as soon as Q1 2026 amid a more favorable U.S. regulatory climate and uptick in crypto companies going public.

Crypto exchange Kraken, legally known as Payward Inc., is preparing for an initial public offering (IPO) in early 2026. The company cites a more favorable regulatory environment under President Donald Trump, marking a significant shift from the constant regulatory hurdles the exchange suffered under the Biden administration.

According to Bloomberg, sources close to the matter indicated that Kraken’s IPO plans, while not finalized, are progressing rapidly. The company aims to capitalize on the improving climate for crypto businesses.


Robinhood agreed to pay $29.75 million in fines and restitution for failing to respond to several “red flags” stemming from its supervision and compliance practices.

Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices.

The settlement figure consisted of a $26 million civil fine and $3.75 million restitution to customers, FINRA said on March 7. Robinhood failed to “respond to red flags of potential misconduct,” FINRA said, leading to Anti-Money Laundering and supervisory and disclosure violations.


Bitcoin Magazine CEO David Bailey has speculated that the U.S. Department of Justice might be rapidly conducting Silk Road BTC liquidations.

In a Mar. 10 post on X, Bailey suggested that Silk Road liquidations could be happening despite U.S. President Donald Trump’s pro-Bitcoin stance, potentially contributing to the recent downturn in BTC’s price. Bailey’s claim sparked discussion within the cryptocurrency community.

Some users have rejected the notion asserting that the DOJ’s holdings, just like Germany’s 2024 Bitcoin sales, lack enough volume to have a substantial effect on the market. Others pointed to broader macroeconomic factors as having a greater impact on Bitcoin’s price.

Bailey has also previously suggested that Trump should enable Bitcoin payments for his proposed “Gold Card,” aimed at attracting foreign investors. Though entirely theoretical, the concept shows the rising convergence of global capital flows, politics, and Bitcoin.


Injective ($INJ) has launched iAssets, allowing users to access and trade real-world asset derivatives like:

✨ Stocks
✨ Commodities
✨ Foreign Exchange (FX)

directly on the blockchain! 🚀


The Liberal Party of Canada has announced Canada’s new prime minister is Mark Carney, a former central banker and Bitcoin critic with plans to fight back against the US’ recently introduced tariffs.

Carney won on March 9 in a landslide vote to choose the replacement for Justin Trudeau, who held the position for over seven years.

Carney served as governor of the Bank of Canada between 2008 and 2013 before crossing the Atlantic Ocean to serve as governor of the Bank of England for the next seven years. He told local media on March 1 that had he started the process of renouncing his UK and Irish citizenships.


Binance has banned a market maker linked to GoPlus Security and MyShell after detecting trading irregularities.

According to a Mar. 9 announcement on Binance’s official blog, the exchange has terminated the entity from market-making activities and confiscated its proceeds to compensate affected users. The details of the compensation plan will be announced later by the respective projects.

Market makers are companies or people who consistently place buy and sell orders to ensure smooth trading and lower price volatility. However, unethical market-making practices, such as order book manipulation, can distort prices or give unfair benefits to market makers.


Utah lawmakers have passed a Bitcoin bill after amending it to remove a section that would have authorized the state treasurer to invest in Bitcoin.

Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve.

The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin, run a node and participate in staking, among other things.

The 19-7-3 vote to pass the measure on March 7 means the bill is now headed to Utah Governor Spencer Cox’s desk to be signed into law.


Major centralized exchanges are exploring and implementing changes to the token listing process as the number of cryptocurrencies grows.

Binance, the world's largest centralized exchange, has announced a community co-governance structure that allows Binance users to vote to list or delist tokens on the platform.

According to the announcement, Binance will select projects which the community can vote on. Tokens that receive the most votes will be listed on Binance following due diligence from the centralized exchange company.

Projects that fail to provide regular progress updates or necessary token information, engage in malfeasance, or have inactive developer teams and communities will be placed in the platform's "monitoring zone."


Cronos is in the red following the community’s proposal to undo a major token burn that incinerated 70 billion tokens in 2021.

The downturn comes as third-party data shows that the volume of tokens handled in its decentralized exchange protocols like VVS Finance has jumped.

According to DeFi Llama, the weekly volume soared by 140% to $123.2 million, bringing the cumulative total to $13 billion. Most of this volume was from VVS Finance, the biggest DEX network on Cronos, which handled $92 million in the past seven days.

This growth explains why the VVS token has jumped by double digits in the past few days.

Second, there are signs that the Cronos community will reject a recently unveiled proposal they believe will lead to more dilution.


The widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor expectations, according to regulatory experts.

President Donald Trump signed an executive order on March 7, which will utilize Bitcoin seized in government criminal cases rather than purchasing the asset directly from the market. The announcement triggered a more than 6% drop in Bitcoin’s price, falling from $90,400 to $84,979, according to Cointelegraph Markets Pro data.

The reaction signals unrealistic industry expectations, according to Anastasija Plotnikova, co-founder and CEO of Fideum, a regulatory and blockchain infrastructure firm focused on institutions.


As the flag waves for the 2025 Formula 1 season in Melbourne, Australia, viewers may notice that nearly every team on the grid now sports a crypto sponsor, highlighting how deeply digital assets have embedded themselves into the sport’s fast-paced world.

With major exchanges backing top teams, the F1 paddock has become a showcase for the crypto’s biggest names.


🚀 $OG Update

💰 Price: $4.74

The $1.5 billion esports industry is booming, but fan engagement is still stuck in Web2. OG Fan Token is changing the game!

🔹 Have your say – Vote on team decisions (rosters, jerseys, even game picks!)
🔹 Exclusive access – Meet-and-greets, behind-the-scenes content & more
🔹 Real value – Tradable on major crypto exchanges

Esports is only getting bigger—OG is leading the way! 🔥


🚀 Top DeFi Projects by TVL! 🚀

📊 Total Value Locked (TVL) Rankings:

1️⃣ Sky – $18.5B
2️⃣ Aave V3 – $16.8B
3️⃣ EigenLayer – $5.8B
4️⃣ Etherfi – $5.7B
5️⃣ Ethena – $5.6B
6️⃣ Pendle – $4.4B
7️⃣ Morpho – $3.2B


Fédération Internationale de Football Association (FIFA) President Gianni Infantino has suggested the organization may develop its own cryptocurrency token.

Infantino made the remarks while attending President Trump’s White House Crypto Summit on March 7. Standing alongside Trump, Infantino expressed FIFA’s interest in creating a digital token to interact with its global fanbase.

“FIFA is very, very interested to develop a FIFA coin, to do it from here, from America, and to conquer the 5 billion soccer fans in the world,” Infantino stated. “If there is anyone here who is interested to team up with FIFA, here we are, together with the United States of America, and we will conquer the world of soccer with the FIFA coin.”

The announcement, though lacking specific details or timelines, hints at FIFA’s exploration of blockchain technology as a potential avenue for fan engagement and revenue generation.


Strategy founder Michael Saylor has proposed that the United States government aims to acquire up to 25% of Bitcoin’s total supply over the next decade for its Strategic Bitcoin Reserve.

“Acquire 5-25% of the Bitcoin network in trust for the nation through consistent, programmatic daily purchases between 2025 and 2035, when 99% of all BTC will have been issued,” Saylor wrote in a document titled “A Digital Assets Strategy to Dominate the 21st Century Global Economy.”

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