Tag Archives: Cathie Wood

Many crypto analysts have emerged to state that despite recent dips in the bitcoin price, they believe the world’s number one digital asset is going to rise from the ashes and potentially reach a rather high number in the coming weeks or months. One such figure is Tone Vays, a known crypto analyst that believes bitcoin could reach $100,000 rather soon. Tone Vays On BTC: It’s Going Down, Then Up In a recent interview, Vays commented that bitcoin’s recent behavior is...

Cathie Wood of Ark Invest fame has filed an application with the Securities and Exchange Commission (SEC) for a bitcoin-based exchange-traded fund (ETF) through her business. Another Bitcoin ETF Is Headed to the SEC Per official paperwork, the point of the ETF would be to track the price of bitcoin. It would also trade under the ticker “ARKB” should it garner approval. Ark is working hand in hand with a firm known as 21 Shares to unveil the ETF. While this is all fine...

In recent weeks, Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has been taking a lot of flack regarding his stance on bitcoin and his alleged role in the asset’s downfall, but according to Cathie Wood of Ark Invest, Musk is going to prove to be one of the most positive figures in the crypto space in the coming future. Elon Musk May Be a Big Part of Crypto in the Future Musk has been highly controversial as of late...

Cathie Wood of Ark Invest believes bitcoin will reach a price of $500,000. Cathie Wood: Bitcoin Still Has a Solid Future Her words come at a rather “inopportune” time considering the world’s largest and most popular cryptocurrency by market cap has fallen by roughly 33 percent at the time of writing. Once trading for a high of around $64,000, bitcoin has fallen into oblivion and is now trading for close to $30,000 less. However, Wood is confident that the currency will...

Imagine a world where bitcoin and cryptocurrency just completely took over. There are no more standard financial investment tools, and things like stocks and bonds cease to exist. The entire world is based on cryptocurrency, and everything is paid for in bitcoin. While it may be many years until we reach a society like this, Cathie Wood of ARK Invest thinks we’re heading in that direction. Cathie Wood: BTC Will Replace Bonds In a recent interview, the monetary executive...

At the time of writing, bitcoin has come to a screeching halt. The world’s number one cryptocurrency by market cap has ultimately fallen to just over $30,000, which is about $2,000 less than what it was trading for around 24 hours ago and more than $10,000 less than the new $42,000 all-time high it managed to attain in early January.The Bitcoin Price Has Fallen, But It May Not Be Too BadHowever, according to one Tesla investor, things aren’t looking too bad for the asset. In fact, this...