Cathie Wood Does Not Understand Algorithmic Stablecoins
The recent crypto slump may have left many investors shaken in fear, as bad news like major crypto firms falling prey to liquidity crisis and exchanges drastically cutting headcounts continue…
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Cathie Wood’s ARK Invest Files for Another Bitcoin Spot ETF
ARK Investment Management, the firm led by prominent fund manager Cathie Wood, has filed for another spot Bitcoin (BTC) exchange-traded fund – ARK 21Shares Bitcoin ETF. The SEC has until…
BlockchainCom Co-Founder Rebuts Cathie Wood’s Swipe
BlockchainCom Co-Founder Nicolas Cary called out Cathie Wood’s positions having been trimmed off 50% after Wood implied the crypto exchange’s valuation was unjustifiable. Last month, the company raised another round…
Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App
Wood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users.
Bitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst
But more inexperienced investors have been choosing to become long-term Bitcoin holders, limiting sell-side risks below $30,000.
Ark Invest Expects Bitcoin to Exceed $1 Million by 2030 — Says BTC Could Transform Monetary History
Ark Investment Management (Ark Invest) has predicted that the price of bitcoin could surpass $1 million per coin by 2030. “Our research suggests that bitcoin has the potential to transform…
ETH to hit $20 trillion market cap by 2030: Ark Invest
ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH…
Cathie Wood Says 5% of Institutional Money Can Increase Bitcoin’s Price by $500K
Speaking to CNBC on Dec. 9, Ark CEO Cathie Wood said that crypto is a diminutive amount of institutional portfolios, and “institutions are moving in” on Bitcoin and its brethren.…