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While gold hits a record price at $2,848 per ounce, more and more financial experts and professionals voice their preference for Bitcoin over gold. In a commentary to Livewire Markets, CEO and founder of the Nasdaq-listed tech company IREN Daniel…
BTC
Bitcoin
News
Stablecoin transaction value in 2024 reached $15.6 trillion, overtaking traditional payment firms Mastercard and Visa by more than 100%. According to the ARK Invest Big Ideas 2025 Report published on Feb. 4, stablecoin adoption continues to grow rapidly, especially in…
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Cathie Wood, who is the CEO and chief investment officer of Ark Invest, made a prediction during an interview with Bloomberg, suggesting that Bitcoin will hit a price of $1 million by 2030.
BTC
Bitcoin
News
Placeholder partner Chris Burniske urges a cautious approach, advises balancing optimism with realism to avoid overhyping targets this cycle. Chris Burniske, former analyst at ARK Invest and current partner at Placeholder, a venture capital firm that invests in decentralized networks,…
BTC
Bitcoin
News
Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin is ‘bigger’ than gold, predicting BTC’s $2 trillion market cap could one day surpass gold’s $15 trillion over time. In a recent post on Dec. 5, Cathie Wood reacted…
BTC
Bitcoin
News
Spot Bitcoin exchange-traded funds experienced a third consecutive day of outflows on Oct. 3, pushing the total withdrawals over the period to $361.2 million. According to data from SoSoValue, the 12 U.S.-listed spot Bitcoin ETFs saw net outflows of $54.13…
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Cathie Wood’s ARK Invest has started purchasing stocks of Coinbase and Robinhood again during a significant downturn in the market, marked by Bitcoin falling momentarily below $50,000. On Aug. 5, ARK Invest acquired 93,797 shares of Coinbase Global Inc. (COIN)…
BTC
Bitcoin
News
Speaking at Consensus 2024, Cathie Wood chimed in on her crypto preferences, indicating a partiality to Bitcoin. During a panel discussion at Consensus 2024, Cathie Wood, CEO of ARK Invest, made her stance clear, expressing strong support for Bitcoin (BTC)…
News
ARK Invest and 21Shares have decided to remove the crypto staking feature from their Ethereum (ETH) exchange-traded fund (ETF) proposal.
ETH
Ethereum
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According to ARK Invest CEO Cathie Wood, Bitcoin's remarkable 130% rally in the past year can be derived from the global devaluation of national currencies.
BTC
Bitcoin
News
Cathie Wood addressed the Bitcoin Investor Day conference in New York on Friday and shared her thoughts on how Bitcoin's price could soar.
BTC
Bitcoin
News
Ark Invest, led by Cathie Wood, has sold nearly $31 million worth of Coinbase shares as Bitcoin approached a new all-time high, nearly reaching the $69,000 mark on March 4. The investment manager executed the sale of 134,749 Coinbase shares…
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ARK Invest and 21Shares have partnered with Chainlink to enhance the transparency of its Bitcoin ETF.
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Bitcoin
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Cathie Wood’s ARK Invest has offloaded more than $97 million in Coinbase (COIN) shares in February alone, according to trading history. Despite Coinbase‘s impressive Q4 earnings report, which revealed a revenue of $953.8 million, surpassing analysts’ projections, ARK Invest appears…
Markets
Although analysts expect Coinbase revenue for Q4 2023 to be up 40% from Q3, this did not stop ARK Invest from dumping $33.6 million worth of COIN shares. Shares of the U.S.-based cryptocurrency exchange Coinbase (Nasdaq: COIN) have surged nearly…
BTC
Bitcoin
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ARK Invest, a key player in the issuance of a spot Bitcoin exchange-traded fund (ETF) in the United States, has executed its first major sale of cryptocurrency-related stocks this year. On Feb. 14, the firm divested itself of 214,068 shares…
BTC
Bitcoin
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