Investor Cathie Wood is amassing crypto stocks amid a downturn that saw Bitcoin (BTC) plunge to its lowest price since 2024. Ark Invest’s trade disclosures show Wood’s funds bought additional shares in crypto-related firms as Bitcoin dips below $80,000. The company now holds $3.9 million of its exchange-traded fund (ETF) ARK Bitcoin Holding Company (ARKB),…
TLDR Ethereum price surged to $4,693, nearing its all-time high of $4,891 with a 9% increase in 24 hours. Analyst Gert van Lagen expects Ethereum’s price to reach $22,000 based on its long-term inverse head-and-shoulders pattern. Ethereum price broke past the $4,659 resistance level, which is expected to act as a key support for further…
ARK Invest CEO Cathie Wood says that Bitcoin (BTC) is likely to continue surging higher based on its performance against one red-hot commodity. In a new YouTube update, Wood shares a Bitcoin-to-gold chart that she says is still in an uptrend, partially due to BTC’s “anti-fragile” nature in recent years. “This uptrend has not been…
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’s focus on disruptive technology and innovation aligns closely with sectors that are expected to benefit from Trump’s policies, making this ETF a notable investment opportunity. This article ARK Innovation ETF massive spike isn’t just luck—it’s the perfect storm of politics, tech, and bold moves in the market 🚀 appeared first on Guerilla Stock Trading….
Photo: Patrick T. Fallon/AFP via Getty Images Share this article Cathie Wood, CEO of Ark Invest, recently declared her support for Donald Trump in the upcoming presidential election. She believes that Trump will be the best for the US economy. “I am going to vote for the person who’s going to do the best for…
Get Email Alerts and Follow Us: As we look forward to the upcoming week, the economic calendar is set to be dominated by key readings on inflation. With preliminary European CPI reports and the Tokyo CPI in Japan scheduled for release, alongside the April PCEPCE stands for Personal Consumption Expenditures. It is a measure of…