Wood Says ARK Is ‘Taking Profits’ as It Sells $26 Million in COIN
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock. Source
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Cathie Wood ‘very positive’ on Coinbase after Ripple court ruling
Cathie Wood, the founder and CEO of ARK Investment Management, said she remains “very positive” on Coinbase in light of Ripple’s partial victory over the Securities and Exchange Commission on July 13. While Wood noted the ruling wasn’t in outright favor of Ripple, she lauded the outcome as “by and large,
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Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million
In an interview with Bloomberg, ARK Invest CEO and CIO Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is adding to its position in shares of Coinbase (COIN) after the SEC sued Binance, one of Coinbase’s biggest competitors. ARKK purchased nearly 330,00 shares of COIN on June
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Cathie Wood invests $19.9m in Jack Dorsey’s Block
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied ARK Invest has made a substantial investment of $19.9 million in Block Inc. It expanded its stake in the company just hours after investing $21 million in Coinbase stock. Despite recent regulatory actions against significant crypto
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Cathie Wood Sees Software Stocks as Next Opportunity in AI
Wood’s Ark Innovation ETF has dropped more than 10% from its peak in early February, while the Nasdaq 100 Stock Index has climbed up by 12% in the same time frame. Cathie Wood, the renowned founder and CEO of ARK Invest is making headlines for stating that software stocks are the
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Ark Invest’s Cathie Wood Calls Nvidia Valuations Stretched, Justifies Exit
Cathie Wood stated that NVDA stock is priced ahead of the curve and trading at 25X expected revenue for this year. Ark Invest‘s Cathie Wood, known for taking bold bets on new-age tech companies, has justified their exit from Nvidia (NASDAQ: NVDA) earlier this year. Last Wednesday, May 24, NVDA
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Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It?
Strike, Coinbase and others have intimated they may leave the United States due to regulatory pressure. But those may be empty threats. Original Source
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U.S. is 'Losing' the Bitcoin Movement: Cathie Wood
Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin Source
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Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical
Recent turmoil in the banking sector has shown that Bitcoin (BTC) and Ether (ETH) can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest chief executive Cathie Wood — though one long-time investor still isn’t sold.Wood explained in an April 15 interview that Bitcoin’s
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Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s Cathie Wood
The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK Invest CEO Cathie Wood believes.Wood shared her thoughts on BTC’s recent price surge in a March 21 Bloomberg interview, stating its price
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