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ARK Invest CEO Cathie Wood predicts that memecoins will wind up becoming ‘worthless.’ However she believes some coins like TRUMP will ‘withstand’ the test of time. In an interview with Bloomberg television, Wood revealed that she does not use her…
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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…
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ARK Invest CEO Cathie Wood has provided insights into how Donald Trump’s return to the White House could change the cryptocurrency landscape. Woods has pointed to early signals of a crypto-friendly administration through recent appointments and market developments. Speaking on…
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Bitcoin price has remained in a tight range in the past few weeks. It peaked at $71,935 last week, where it found substantial resistance. BTC was trading at $68,000 on Thursday, down by about 8% below its highest point this…
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Today’s edition of the weekly recap: Industry leaders discuss crypto and U.S. regulations at Consensus 2024; Binance founder Changpeng Zhao begins his jail term; fraud schemes and rug pulls rock the industry; plus: a slew of venture capital activity.
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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)…
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Ahead of the Bitcoin (BTC) halving, Cathie Wood's ARK Invest engaged in a series of transactions reflecting the hedge fund's bullish stance on the cryptocurrency's trajectory.
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Cathie Wood spoke on several key topics shaping the future of the blockchain and crypto industries. Word to the wise, she says: Look at what Hong Kong is doing.
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Bitcoin
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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.
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On March 28, The ARK 21Shares Bitcoin ETF witnessed an unprecedented $243.5 million in investments, marking a significant uptick over five times its usual daily intake, as Bitcoin neared the $72,000 threshold. According to early insights from Farside Investors, the…
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Cathie Wood addressed the Bitcoin Investor Day conference in New York on Friday and shared her thoughts on how Bitcoin's price could soar.
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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…
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Cathie Wood, CEO and CIO of Ark Invest, recently expressed her views on the likelihood of the U.S. Securities and Exchange Commission (SEC) approving exchange-traded funds (ETFs) for cryptocurrencies beyond Bitcoin and Ethereum. During an appearance on the Wall Street…
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Cathie Wood, ARK Invest CEO, has been vocal about her belief in Bitcoin's potential to overshadow gold as the preferred safe-haven asset.
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ARK Investment Management, led by Cathie Wood, divested from the ProShares Bitcoin ETF, reallocating approximately $16 million towards its own Bitcoin ETF.
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ARK Invest CEO Cathie Wood has a “base case” for $BTC going to $600k by 2030, but a “bull case of $1.5m by 2030”.
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