ARK Invest
Could Bitcoin Exceed $1M by 2030?
ARK Invest Crypto Lead Yassine Elmandjra discusses his outlook on the price performance of bitcoin and whether the largest cryptocurrency by market capitalization could exceed $1 million by 2030.
ARK Invest Crypto Lead on the Future of Bitcoin
Bitcoin is hovering around $30,000 after rising over 80% this year. ARK Invest Crypto Lead Yassine Elmandjra breaks down the largest cryptocurrency by market capitalization's rally and insights on ARK Invest's Big Ideas 2023 report.
Cathie Wood's ARK Invest Buys More Coinbase Shares for Second Straight Day
Cathie Wood's ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund purchased the crypto exchange's stock after the company received a Wells Notice from the SEC. CoinDesk Senior Markets Reporter for Asia, Sam Reynolds, discusses Cathie Wood’s latest investments.
Cathie Wood's ARK Uses 'Wells Dip' to Buy More Coinbase Shares, Two Days After Selling
ARK Invest bought shares of Coinbase (COIN) low and sold it high this week. On Tuesday, Cathie Wood’s fund sold shares worth $13.5 million when the stock was at approximately $83 a share. Just over 48 hours later, ARK bought more shares as the stock fell and closed Thursday in the U.S. at $66.30 after the company revealed it had received a Wells Notice from the SEC. "The Hash" panel discusses Cathie Wood's continued bet on Coinbase.
Cathie Wood’s Ark Invest Buys Over $20M in Coinbase Shares
Noted growth investor Cathie Wood's Ark Invest bought more shares of crypto exchange Coinbase (COIN) on Thursday than it bought in all of January. The firm added a total of more than 350,000 shares valued at $20.6 million based on Thursday's closing price, the biggest one-day purchase this year. In January, it bought 333,637 shares. "The Hash" panel discusses what to make of Wood's continued Coinbase bets.
US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions-Evasion Efforts; Bitcoin Price Predictions
The U.S. Treasury Department's sanctions watchdog, the Office of Foreign Assets Control (OFAC), has blacklisted a bitcoin and an ether address linked to sanctions evasion. Plus, bitcoin (BTC) price predictions from ARK Invest and Matrixport.
ARK Invest Still Predicts Bitcoin Will Hit $1M by 2030
ARK Invest said in its 2023 "Big Ideas" research report that it still predicts bitcoin (BTC) will close the decade at $1 million because its fundamentals are sound. "The Hash" panel discusses what to make of ARK Invest's continued bullish outlook for BTC.
Cathie Wood’s Ark Invest Buys More Coinbase Shares
Noted growth investor Cathie Wood is doubling down on Coinbase, despite lingering concerns over crypto winter. ARK Invest made its largest investment in the cryptocurrency exchange's stock since Dec. 14 on Thursday, adding about $5.5 million of the shares, based on closing prices. "The Hash" hosts discuss what to make of Wood buying the dip and her ongoing bitcoin conviction.
Valkyrie Funds, Ark Invest To Offer Crypto SMAs
Valkyrie Funds and Ark Invest are the latest fund managers to announce crypto SMA plans on the heels of Franklin Templeton, a sign of the maturing crypto product industry with Wall Street involvement. Frank Downing, director of research at Ark Invest, joins Valkyrie CIO Steven McClurg to discuss the latest developments. Plus, their end-of-year crypto outlook amid recession concerns.
