Cathie Wood’s ARK loading up on Coinbase shares again, buying $18M
ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year. Go to Source Powered by WPeMatico
Cathie Wood
Auto Added by WPeMatico
Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?
Ethereum price has turned oversold against Bitcoin, raising the possibilities of a rebound in the coming weeks. Go to Source Powered by WPeMatico
Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood
Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis. Go to Source Powered by WPeMatico
Bitcoin is beating Warren Buffett’s ‘crypto bet’ in 2023
Bitcoin’s rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood’s ARK portfolio. Go to Source Powered by WPeMatico
Bitcoin price nears $25K as analysts place bets on CPI impact
Bitcoin lines up a fresh charge at multi-month resistance, but BTC price action is already facing calls for a comedown triggered by CPI. Go to Source Powered by WPeMatico
Cathie Wood’s ARK ignores Silvergate, buys Coinbase stock for 6th straight month
ARK appears unfazed by Silvergate as it increases COIN exposure by over 700,000 shares so far in 2023. Go to Source Powered by WPeMatico
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as “an insurance policy for everyone against the … Read more
Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio
The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power. Go to Source Powered by WPeMatico
Ark Invest CEO eyes crypto turnaround amid whiffs of a Fed pivot
The crypto and innovative tech investment firm is confident that inflation will fall and the Fed will pivot in 2023. Go to Source Powered by WPeMatico
‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood
Market uncertainty calls for an opportunity to take advantage of disruptive innovation which has historically “gained share during turbulent times,” says ARK Invest CEO. Go to Source Powered by WPeMatico
