News with the tag "Ark Invest"

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 ...

Cathie Wood's investment management company ARK Invest snapped up $8.7 million of Coinbase (COIN) shares on Tuesday as the rout in the cryptocurrency saw crypto equities slide. ARK added 41,032 COIN shares to its Next Generation Internet ETF (ARKW), as the crypto exchange's stock fell nearly 6.5% on...

Asset manager ARK Invest has picked up shares of cryptocurrency exchange Coinbase as tech stocks dipped and Bitcoin fell to multi-month lows. According to the company’s latest update , it picked up 41,032 shares of Coinbase Global Inc. (COIN) valued at $9.3 million. The newest purchase comes a littl...

US-based investment management firm ARK Invest’s CEO, Cathie Wood, predicts that Bitcoin (BTC) is on track to reach $1.5 million by 2030. In a recent YouTube video, Wood stated that despite the market’s temporary pullback, the odds of BTC hitting this ambitious price target have increased. Wood Doub...

Buckle up, crypto enthusiasts! The ever-optimistic Cathie Wood, CEO of Ark Investment Management, has dropped another bombshell Bitcoin price prediction that’s sending ripples through the financial world. If you thought previous forecasts were ambitious, prepare to have your mind blown. Wood now env...

ARK Invest released a comprehensive report detailing Bitcoin’s milestones in 2024, the surging run of AI agents, and the potential of stablecoins in the digital asset market. The report is complete with market predictions for 2030. In 2024, Bitcoin reached unprecedented heights, significantly solidi...

While gold hits a record price at $2,848 per ounce, more and more financial experts and professionals voice their preference for Bitcoin over gold. In a commentary to Livewire Markets, CEO and founder of the Nasdaq-listed tech company IREN Daniel Roberts said Bitcoin needs to reach at least a $900,0...