The founder and CEO of the investment management firm ARK Invest is warning the public of the risks of trading memecoins. In a new interview on Bloomberg Crypto, Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) did an important thing in declaring that memecoins are not securities. “What they essentially were saying […]
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ARK Invest’s Cathie Wood is predicting that recessionary pressures will soon end, setting the US economy up for a massive economic boom in the second half of 2025. Wood tells her 1.7 million followers on the social media platform X that the US economy is currently experiencing the final stages of a rolling recession, setting […]
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ARK Invest’s Cathie Wood reportedly says that Bitcoin’s (BTC) market structure remains strong and the flagship crypto asset may soon have a massive breakout. According to a new Barron’s report, Wood says at the Cboe Global Markets 2025 Bitcoin Outlook webinar that the sideways trading of the top digital asset in the $90,000 range this […]
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ARK Invest’s Cathie Wood says that the chances of Bitcoin (BTC) eventually hitting $1.5 million are improving for one key reason. In a new update to investors, Wood says that it’s looking more likely that Bitcoin will increase by 1,455% its current value due to increasing adoption by financial institutions. “Many people know us for […]
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Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration, she revealed in a recent Bloomberg interview. The leader of Ark Invest, celebrated for her daring forecasts, also doubled down on her prediction that bitcoin could exceed $1.5 million by 2030. Ark Invest’s Wood Envisions […]
The head of a $210 billion asset management firm has decided to unload a massive pile of assets. Billionaire Israel “Izzy” Englander, CEO of Millennium Management, has sold off 68% of the firm’s Walmart (WMRT) position – 8.1 million shares worth about $745 million – according to its latest filings with the U.S. Securities and […]
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ARK Invest founder Cathie Wood is reportedly predicting massive growth for innovative companies after US President-elect Donald Trump takes office next month. In a new interview with CNN’s Inside Politics, Wood says Trump will likely usher in more business-friendly regulations for artificial intelligence (AI), digital assets and other tech-related businesses, causing them to flourish. “In the […]
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Continued market momentum will be driven by “regulatory relief,” one of the most important things expected from the new US administration, said ARK Invest’s Cathie Wood.
Bitcoin may have recently hit a new all-time high above $90,000, but ARK Invest’s Cathie Wood says it still has a “long way to go.”
She pointed out that Ark was the first public asset manager to gain exposure to Bitcoin in 2015 at $250, “and we still at $90,000 think we have a long way to go,” she said in an interview on CNBC’s Squawk Box on Nov. 15.
Wood said the continued momentum would be driven by “regulatory relief,” one of the most important things expected from the new United States administration.
Ark Invest CEO Cathie Wood has doubled down on her $1.5 million “bull case” bitcoin forecast, citing factors such as institutional adoption, potential regulatory relief, and BTC’s growing recognition as a unique asset class. Cathie Wood Predicts Bitcoin Could Hit $1.5M Amid Growing Institutional Interest Cathie Wood, CEO and CIO of asset management firm Ark […]
ARK Invest founder Cathie Wood says Bitcoin (BTC) remains on track to hit a massive price target in about five years. In a new interview on CNBC Squawk Box, Wood says that ARK Invest believes Bitcoin will reach more than half a million dollars by 2030, an over 600% gain from its current value. “We […]
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