Cathie Wood's Ark Invest Increases Holdings of BitMine, Coinbase, and Bullish Stocks on Wednesday
On Wednesday, December 18, Ark Invest—led by Cathie Wood—boosted its stakes in BitMine, Coinbase, and Bullish shares amid an ongoing downturn in the U.S. crypto-related stock sector.
Per its trading filings, the firm purchased $10.56 million worth of BitMine stock, $5.9 million in Coinbase shares, and $8.85 million of Bullish stock across its three exchange-traded funds (ETFs) that day.
BitMine (BMNR) dropped 6.59% on Wednesday, closing at $29.32—roughly 24% lower than its level five days prior.
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A whale address that bought the dip during the last bear market and held ETH for 1127 days has completed its sell-off today
**December 18**
On-chain analyst Ai Yi (@ai_9684xtpa) reported Tuesday that a whale address which accumulated ETH during the last bear market’s bottom has sold its entire holdings after holding for 1,127 days, netting a total profit of $4.245 million.
The address purchased 2,962.89 ETH between November 17, 2022, and March 12, 2023, at an average price of $1,500—totaling $4.446 million in outlay. Two years ago, the holdings were transferred to address 0x828...59D8b and remained inactive until two weeks ago, when the address began selling in batches. Nearly all remaining 2,040 ETH were sold 10 hours ago.
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Circle has announced the launch of the Arc Developer Fund
On December 18, Circle announced the launch of the Arc Developer Fund, per official sources. Circle Ventures is earmarking special funds and mobilizing its investor network to back early-stage teams building real-world financial applications and services on Arc—Circle’s Internet Economic Operating System.
The Arc Developer Fund (focused on accelerating innovation) supports projects that leverage Arc’s unique design, including:
- On-chain markets built on low-latency architecture
- Real-world asset and private credit markets powered by private, composable infrastructure
- On-chain forex liquidity systems integrating Circle StableFX and the Circle Payments Network
- Smart contract solutions serving autonomous systems and the machine economy
- Energy and computation protocols driven by deterministic settlement
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QCP Capital: If Ai Company Revenue Fails to Keep Pace with Investment, it May Trigger a Broader Stock Market Value Reassessment
QCP Capital took to its official channel on December 18 to note that markets are ending the year in a fragile balance of confidence and caution.
The Fed’s dovish rate-cut stance is mixed with hawkish undertones: signals back the labor market while keeping inflation firmly in focus. Its dot plot points to a flattening interest rate path, with current market pricing indicating roughly 2-3 rate cuts next year.
The stock market remains a key macro swing factor. Capital continues flowing into AI infrastructure, but monetization is lagging. If revenue growth fails to keep up with investment, risks could spill over from the AI sector—potentially triggering a broader stock market revaluation in 2026.
The crypto market remains under pressure as MSCI reviews index eligibility for digital asset managers. This could spark up to $28 billion in passive outflows.
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The crypto market is experiencing a general downturn, with new coins and star project coins facing a heavy sell-off.
December 18th — Per HTX market data, the crypto market is broadly declining following Bitcoin’s overnight surge to $90,000 and subsequent pullback, with the following notable 24-hour moves:
- STABLE: Down 23.3% | Last trading at $0.01
- MON: Down 13.1% | Currently at $0.0183
- PUMP: Down 12.7% | Trading at $0.002
- ZORA: Down 12.4% | At $0.0458
- BERA: Down 11.5% | Last seen at $0.5649
This rewrite uses concise, news-style language common in U.S. crypto updates:
- "Per" (instead of "according to") for brevity;
- "Overnight surge" / "pullback" (natural terms for price moves);
- Vertical dividers to organize asset data clearly;
- Varied phrasing ("last trading at," "currently at") to avoid repetition while keeping info scannable.
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The 3A Blockchain Game Seraph Season 5 officially launches today, login now to receive a $100 deluxe three-piece set as a gift.
On December 18, AAA blockchain action game **Seraph** announced that Season 5 officially launched at 11:00 AM UTC+8 the same day.
To celebrate the new season, the dev team is offering all players a **$100 welcome pack** as a login reward: a Season Pass, Advanced Upgrade Pill, and Booth Voucher bundle—valued at roughly $100—to help players hit the ground running and dive into Season 5’s content.
This season retains the fan-favorite *Abyssal Treasures* mode, which earned rave reviews when it debuted in Season 4. Focused on low-barrier entry and a "play-to-earn without spending" model, it has already drawn in tons of new and returning players.
Per the team’s earlier announcements, Seraph will roll out a **back-to-back launch schedule** for Season 5 and Season 6, plus refine its seasonal cycle system to enable **co-creation and mutual growth** between users and the ecosystem.
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