EUR/USD 1.14917
-0.215%
Gold 4449.44
-1.436%
Oil 100.337
2.854%
USD/JPY 160.213
0.045%
GBP/USD 1.32387
-0.246%
GBP/JPY 212.102
-0.203%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Bank of Japan will release a summary of the opinions of the deliberation committee members at its March monetary policy meeting in ten minutes.March 30th - According to the Italian newspaper *La Stampa*, European Central Bank (ECB) Governing Council member and Bank of France Governor Villeroy stated in an interview that the ECB is prepared to take action to curb inflation expectations; however, it is still too early to bet on the timing of an interest rate hike. Villeroy pointed out that the war with Iran could trigger a negative supply shock, dragging down economic growth and accelerating the rise in consumer prices. He emphasized that recent news related to the conflict "has not sent a positive signal." In an interview published on Monday, he stated, "The ECB cannot control oil prices, but it has the responsibility and the ability to anchor household and business inflation expectations to our 2% medium-term inflation target. If necessary, we are prepared to act in this direction."ECB Governing Council member Villeroy: The ECB is ready to act, but it is too early to discuss the date when the ECB may raise interest rates.March 30th - According to CBS News, Jim Sims, the Democratic chairman of the House Intelligence Committee, accused President Trump of making "outright lies" about negotiations with Iran last week amid market turmoil and the ongoing war. "Last Sunday, he realized there was a serious financial crisis in the markets, so he made that up," Sims said in a program interview. Sims added, "The Iranians now realize they have the upper hand. Gasoline prices have risen by more than $1 a gallon. They realize, My God, we have huge leverage."Both WTI and Brent crude oil opened about 1% higher on Monday, currently trading at $102.57 per barrel and $107.15 per barrel, respectively.

Jupiter, Yarbrough Among Investors Who Sold Coinbase Before Big Fall

Skylar Shaw

May 17, 2022 09:48

微信截图_20220517093546.png


According to records posted on Monday, Jupiter Asset Management, Azora Capital LP, and billionaire Jon Yarbrough's family office were among the funds who sold all of their shares in cryptocurrency business Coinbase Global Inc before the company plunged over 30% to record lows in early May.


Cathie Wood's ARK Innovation fund, on the other hand, continued to add to its holding in Coinbase over the same time - the quarter ending March 31 – according to the disclosures.


Coinbase, the biggest cryptocurrency exchange in the United States, slumped after missing profit projections and reporting lower trading volumes as bitcoin's value plunged to 17-month lows. The company's stock dropped 3.6 percent on Monday, bringing its year-to-date loss to 74 percent.


According to regulatory filings, Jupiter Asset Management sold 73,441 shares of the business in the quarter ended March 31, while Azora Capital sold 43,290 shares and Yarbrough Capital sold 16,968.

Meanwhile, Tiger Global reduced its position in the business by around 70%, leaving it with 836,597 shares.


Though they are backward-looking and do not indicate current holdings, securities filings known as 13-Fs are one of the few public methods to view what hedge funds and other institutional investors own in their portfolios.


According to regulatory filings, ARK Innovation, Wood's ETF, added slightly more than 1.5 million shares of Coinbase during the quarter, the largest of any fund. At the end of March, the fund had little less than 7 million shares. The company's stock has the tenth greatest position.

Suggestion