Cathie Wood’s Ark Invest buys the dip on Block, Circle, and Coinbase stocks

Monad (MON) successfully launched its Layer 1 blockchain, resulting in an 80% surge in its token price within 24 hours, making it the top performer among the top 100 cryptocurrencies by market capitalization. The token reached an all-time high of $0.045 after a challenging token sale that raised $95 million of a $187 million target.

Ark Invest has added $9.1 million to its investments in Circle and Bullish as the cryptocurrency market continues to decline, reflecting a challenging environment for digital assets. This investment comes amid a broader sell-off affecting major crypto stocks, indicating a turbulent period for the sector.

Coinbase Ventures has announced nine investment priorities for 2026, focusing on areas such as real-world asset perpetuals, specialized exchanges, DeFi composability, and AI-driven development tools. This strategic move aims to position Coinbase at the forefront of emerging trends in the cryptocurrency sector.

The Solana price has been experiencing a significant decline since October, largely attributed to the actions of the meme coin launchpad Pump.fun, which has reportedly sold over $436 million in SOL. This cash-out has raised concerns about the stability of the Solana ecosystem as it coincides with a broader downturn in the cryptocurrency market.

Khurram Dara, a former lawyer for Coinbase, has announced his candidacy for New York Attorney General, challenging the incumbent Letitia James, who has held the position for several years. Dara's campaign is characterized by his criticism of James's regulatory approach towards the cryptocurrency industry, which he claims amounts to 'lawfare.'

Khurram Dara, a former lawyer for Coinbase, has announced his candidacy for New York Attorney General, challenging incumbent Letitia James, who has maintained a strong position in the office for years. Dara's campaign is marked by his criticism of James's approach to cryptocurrency regulation, which he describes as 'lawfare' against the industry.

Bitcoin has experienced a significant decline, losing over 35% of its value since early October, dropping from its all-time high of $126,000 to around $81,000, triggering panic in the market. This downturn has led to forced liquidations and a collapse in investor confidence, pushing Bitcoin into oversold territory.

Bitcoin has experienced a significant price drop of over $40,000 in the past six weeks, leading to a negative shift in market structure, according to Jeff Park, CIO at ProCap BTC. He emphasizes that the focus should be on the volatility markets rather than just spot prices, noting a resurgence in implied volatility that resembles earlier Bitcoin market conditions.