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
Cathie Wood
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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
SBF ‘didn’t like’ decentralized Bitcoin — ARK Invest CEO Cathie Wood
Bitcoin was not an option for “control” of the market by Bankman-Fried, Wood says, as Michael Saylor says he “undermined” the BTC network. Go to Source Powered by WPeMatico
Bitcoin clings to $17K as ARK flags ‘historically significant capitulation’
BTC price action is suffering from FTX, but decentralized blockchains are “as strong as ever,” says ARK Invest. Go to Source Powered by WPeMatico
Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
ARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades at a near-50% discount to the already suppressed Bitcoin spot price. Go to Source Powered by WPeMatico
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Great Depression Ark Invest CEO Cathie Wood, who is also … Read more
Elon Musk, Cathie Wood sound ‘deflation’ alarm — is Bitcoin at risk of falling below $14K?
Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate. Go to Source Powered by WPeMatico
