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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.

Continue ReadingBitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst

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…

Continue ReadingArk Invest Expects Bitcoin to Exceed $1 Million by 2030 — Says BTC Could Transform Monetary History

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.…

Continue ReadingCathie Wood Says 5% of Institutional Money Can Increase Bitcoin’s Price by $500K