Cryptocurrency Analysis and News Portal
Amid all the chaos around multiple bank runs in the United States, Cathie Wood, CEO of asset management firm ARK Invest, said cryptocurrencies acted as a safe haven amid the ongoing banking crisis in the United States. She blamed the recent downfall of the likes of Silicon Valley Bank (SVB),
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The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022. In a Jan. 12 blog post on the ARK Invest website, Wood suggested that the equity market faced a “wall of worry” in 2022, caused by fears
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Noted investor Cathie Wood’s ARK Invest made its largest investment in Coinbase’s (COIN) stock since Dec. 14 on Thursday, adding about $5.5 million of the crypto exchange's shares, based on closing prices. The firm bought more than 158,000 shares for its ARK Fintech Innovation ETF. Coinbase's stock closed at $34.78
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Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets.Prominent fund manager, Cathie Wood has acquired an additional 158,000 shares of Coinbase Global Inc (NASDAQ: COIN) worth a total of $5 million as the trading platform’s stock continues to
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Coinbase's stock closed at $34.78 in New York Thursday, up roughly 7%. Shares in the exchange have been hit hard by the crypto bear market, falling 86% this year. COIN has underperformed both bitcoin and ether, with the world's largest digital asset falling by 65% year-to-date and the eponymous token
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With the new $3.2 million in shares, Cathie Wood’s Ark Invest may now boast a total of $5.8 million COIN shares in its portfolio.Ark Invest CEO Cathie Wood has shown how much she is invested in “buying the dip” after throwing around some amount of cash to buy more Coinbase
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Bitcoin (BTC) is too “decentralized and transparent” for former FTX CEO Sam Bankman-Fried, says Cathie Wood.In a tweet on Dec. 10, Wood, who is CEO of investment giant ARK Invest, delivered a fresh damning appraisal of the FTX saga.Wood: SBF "couldn't control" BitcoinAs the legal ramifications of FTX and Bankman-Fried,
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Following news that Ark Invest has made investments into Grayscale’s heavily discounted Bitcoin fund, CEO Cathie Wood is doubling down on a bold bet that the top cryptocurrency will reach $1M per coin by 2030. Is such a lofty price prediction realistic, considering the recent collapse of the crypto market? And
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ARK Invest CEO Cathie Wood has been a long-time supporter of Bitcoin. The CEO had taken the bold step and become one
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