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Cathie Wood’s Ark Invest invests in OpenAI, an exciting new AI venture
12.4.2024
Ark Invest’s investment in OpenAI through a unique financial mechanism is no longer a mystery. According to Ark’s top management, it will be the start of something extremely huge, fueled by the tremendous expansion of artificial intelligence. The new development is crucial because...
Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes
8.4.2024
Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to...
Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood
3.4.2024
Cathie Wood believes part of Bitcoin's latest rally has been driven by a "flight to safety" from weaker currencies.
The post Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood appeared first on Cryptonews
Cathie Wood Attributes Bitcoin's Rise to National Currency Devaluations
3.4.2024
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...
Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time
3.4.2024
Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...
Solana Price Prediction as SOL Bounces From $170 Level – Is the Sell-Off Over?
23.3.2024
Solana's rebound from $170 suggests a pause in sell-offs, buoyed by Bitcoin's influential market presence and Cathie Wood's bullish $1.5 million Bitcoin prediction.
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Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
22.3.2024
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset
Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN
13.3.2024
Ark Invest sold off an estimated 106,000 Coinbase shares valued at over $27 million on Tuesday following a nearly $69 million offloading Monday. Ark Invest's latest move comes as Bitcoin's value reaches an all-time high.
The post Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN...
Cathie Wood: ARK Invest Forecasts Bitcoin Price to Surpass $1 Million Sooner than Expected
11.3.2024
Crypto friendly American asset manager Ark Invest sees Bitcoin’s price hitting $1 million before 2030, according to CEO Cathie Wood in a recent interview with the New Zealand Herald. Hard-talking Bitcoin maxi Wood already eyed a projection of $1.5 million earlier this year in an interview...
Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week
11.3.2024
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF's value, making such large sell offs necessary when an asset surges in value
Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood
27.2.2024
Cathie Wood-led Ark Invest sold 35,509 Coinbase shares worth $6.89 million, 444,853 Robinhood shares worth $6.94 million, and 2,724 Nvidia shares worth $2.15 million on Feb. 26.
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Cathie Wood’s ARK Offloads $90M Coinbase Shares Amid Slew of Analyst Upgrades
19.2.2024
ARK offloaded Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF
Cathie Wood’s ARK Sells More Coinbase Stock Amid Bitcoin Surge
16.2.2024
ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million worth of Coinbase shares from...
Cathie Wood's ARK Invest Sells Coinbase Shares for First Time in a Month
15.2.2024
ARK sold $34.3 million of shares in the crypto exchange, which is due to report earnings after the U.S. market closes
Cathie Wood Says Investors Are Ditching Gold For Bitcoin
7.2.2024
Ark Invest CEO Cathie Wood believes Bitcoin (BTC) is beginning to replace gold on the investment stage as the precious metal loses popularity over time. In a video presentation published by Ark on Sunday, Wood demonstrated how commodities at large have failed to provide a reliable hedge against...
Ether Tops $2.4K as Cathie Wood's Ark, 21Shares Amend Spot ETH ETF Filing
7.2.2024
The updated S-1 document brings the spot Ethereum ETF application more "in line" with the recently approved spot BTC ETF prospectus, one analyst noted
Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood
7.2.2024
ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs, offering investors streamlined access to...
Bitcoin ETFs Mean 'Substitution' From Gold Into BTC Will Continue, Says Cathie Wood
6.2.2024
While bitcoin's price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days
Bitcoin Price Prediction: BTC Consolidates Near $42,830 Amid Cathie Wood’s Gold Comparison
6.2.2024
Bitcoin price prediction; February 6, 2024 Bitcoin price prediction remains bullish as BTC‘s climb to $42,830 ignites discussions, with Cathie Wood championing it as the new gold, reshaping investment strategies in the digital age. Market sentiment appears cautiously optimistic as influential...