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ARK Invest, led by Cathie Wood, executed a strategic $21 million buying spree on February 17, 2026, targeting Coinbase and semiconductor leaders AMD and Broadcom. The move signals a reinforced conviction in the convergence of digital asset platforms and the hardware powering the next generation of AI.
A new global study reveals that Nigeria and South Africa are at the forefront of stablecoin demand, driven by a need for faster, cheaper cross-border payments. While optimism is high, the trend toward dollar-pegged assets raises significant concerns regarding economic dollarization and capital flight in emerging markets.
Bitcoin has entered a precarious phase, trading near $68,400 as it navigates its fourth consecutive week of losses amid significant institutional outflows from US-listed ETFs. Market sentiment remains fragile, pressured by volatility in the broader technology sector and mounting uncertainty surrounding AI-driven growth narratives.