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Ark Invest’s Cathie Wood Fires Shots At Elon Musk for Bitcoin (BTC) Price Crash and ESG Movement

Blazing all guns, Ark Investments Cathie Wood has fired shots on Tesla chief Elon Musk and the ESG for the recent Bitcoin (BTC) price crash. Tesla pulling the plugs of accepting Bitcoin payments triggered the BTC price correction two weeks back. Speaking at the 2021 CoinDesk Consensus Conference, Wood said that institutional buying of Bitcoin

Blazing all guns, Ark Investments Cathie Wood has fired shots on Tesla chief Elon Musk and the ESG for the recent Bitcoin (BTC) price crash. Tesla pulling the plugs of accepting Bitcoin payments triggered the BTC price correction two weeks back. Speaking at the 2021 CoinDesk Consensus Conference, Wood said that institutional buying of Bitcoin

Hester Peirce bitcoin ETF
Bitcoin News
Hester Peirce bitcoin ETF
Bitcoin News

SEC’s Hester Pierce and Ark Invest’s Cathie Wood Bats for Bitcoin ETF Amid Recent Correction

On Friday evening, May 21, Bitcoin (BTC) once again crashed under $35,000 for the second time in a week following China announcing a crackdown on Bitcoin mining operations. Bitcoin short-term investors ended up booking heavy losses while whales started buying the dips. The interesting news is that just as Bitcoin continues to trade at new

On Friday evening, May 21, Bitcoin (BTC) once again crashed under $35,000 for the second time in a week following China announcing a crackdown on Bitcoin mining operations. Bitcoin short-term investors ended up booking heavy losses while whales started buying the dips. The interesting news is that just as Bitcoin continues to trade at new

Bitcoin News
Bitcoin News

Ark Investment’s Cathie Wood Cautions Investors On Buying Tesla With Bitcoin (BTC)

Earlier this week, Tesla CEO Elon Musk announced that the company has started accepting Bitcoin payments against the purchase of any Tesla model. While this news certainly sparked excitement among Bitcoin investors and Tesla fans, there’s a moment of caution to observe. Ark Investment’s Cathie Wood is a bit unsure of whether investors should really

Earlier this week, Tesla CEO Elon Musk announced that the company has started accepting Bitcoin payments against the purchase of any Tesla model. While this news certainly sparked excitement among Bitcoin investors and Tesla fans, there’s a moment of caution to observe. Ark Investment’s Cathie Wood is a bit unsure of whether investors should really

Bitcoin News
Bitcoin News

Ark Investment CEO Says Bitcoin (BTC) Will Resemble Bonds As Part of Balanced Portfolio

Cathie Wood, the CEO of Ark Investments recently said that Bitcoin (BTC) will soon become an integral part of a “balanced portfolio” in addition to stocks and bonds. Furthermore, in a bold statement, Wood added that cryptocurrencies could stabilize very soon and eventually behave like bonds. Speaking at CNBC’s “Closing Bell” Wood added: “We think

Cathie Wood, the CEO of Ark Investments recently said that Bitcoin (BTC) will soon become an integral part of a “balanced portfolio” in addition to stocks and bonds. Furthermore, in a bold statement, Wood added that cryptocurrencies could stabilize very soon and eventually behave like bonds. Speaking at CNBC’s “Closing Bell” Wood added: “We think

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Bitcoin News
bitcoin
Bitcoin News

JPMorgan: $100 Million/Day Must Flow Into Grayscale Bitcoin Trust To Push BTC Above $40,000

JPMorgan analysts state that Bitcoin (BTC) can see a further downside if it fails to make a strong move upwards to $40,000. The analysts said that unless BTC registered a strong “break-out”, it can see consistent profit-booking at this stage. Nikolaos Panigirtzoglou, the lead strategist at JPMorgan said that they are currently keeping a close

JPMorgan analysts state that Bitcoin (BTC) can see a further downside if it fails to make a strong move upwards to $40,000. The analysts said that unless BTC registered a strong “break-out”, it can see consistent profit-booking at this stage. Nikolaos Panigirtzoglou, the lead strategist at JPMorgan said that they are currently keeping a close