News with the tag "ARK Invest"

Ark Invest, a fund management company, has sharply raised its price forecasts for Bitcoin, predicting the cryptocurrency may reach $2.4 million at the end of 2030 in its most bullish scenario. The new target, set in an April 24 report by research analyst David Puell, is a massive increase from the f...

Cathie Wood-led asset manager ARK Invest has revised its Bitcoin price targets for 2030, boosting its “bull case” to $2.4 million from $1.5 million. The “bear” and “base” case scenarios were also raised to $500,000 and $1.2 million, respectively, according to a report by ARK’s David Puell on April 2...

ARK Invest raised its decade-end bitcoin ( BTC ) price target to as high as $2.4 million apiece after revising its assumptions on active supply, which excludes lost or long-held coins. The largest cryptocurrency by market value was recently trading around $94,000. The bull-projection figure, 60% mor...

ARK Invest, led by Cathie Wood, has raised its long-term Bitcoin price forecast, predicting the asset could reach up to $2.4 million by 2030. In its Apr. 24 report , ARK outlines three potential scenarios for Bitcoin’s ( BTC ) price by the end of the decade. The bearish case places Bitcoin at $300,0...

Asset manager ARK Invest has raised its Bitcoin bull case price prediction from $1.5 million to $2.4 million by the end of 2030. The firm argued that the rise in its BTC price target was driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.” ARK’s Big Ideas ...

Bitcoin could hit $1.5m by the end of this decade, according to ARK Invest, which laid out its bull case in the latest Big Ideas 2025 report released Thursday. The investment firm’s base case pegs Bitcoin at $710,000, while its bear case still forecasts a sizeable increase to $300,000. The investmen...

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 securit...

Hold onto your hats, crypto enthusiasts! Even when the market takes a tumble, some big players see it as a golden opportunity. Guess who’s making headlines again? It’s none other than Cathie Wood’s ARK Invest, known for its bold bets and future-forward investment strategies. They’ve just made anothe...

In a week where the crypto market experienced a rollercoaster, with initial gains fueled by Trump’s crypto-friendly stance quickly fading, Cathie Wood’s ARK Invest made some strategic portfolio adjustments. For those closely watching crypto investment trends, ARK Invest’s latest moves offer insightf...

Ark Invest purchased 41,032 shares of Coinbase (COIN) worth approximately $8.7 million for its Next Generation Internet ETF (ARKW) on Tuesday, while simultaneously selling $8.6 million of its own spot Bitcoin ETF (ARKB) amid a broad cryptocurrency market downturn. This marks Ark’s first acquisition ...