News with the tag "chris wood"

As Bitcoin, the flagship cryptocurrency asset continues to garner support from leading figures in the industry, Chris Wood, the Chief strategist at Jefferies in a daring statement that might change people’s perceptions of digital currencies has suggested that the potential collapse of the United Sta...

Cathie Wood’s investment company, ARK Invest, sold shares of the Coinbase crypto exchange and the Grayscale Bitcoin Trust (GBTC) worth about $5.8 million. The transactions took place through several of the firm’s funds. Thus, ARK Next Generation Internet ETF sold…

The potential for a significant financial event similar to the ‘Lehman moment’ in China is becoming more pronounced, driven by the escalating shadow banking crisis within the nation. Chris Wood, a global strategist at Jefferies, has raised concerns about the increasing risk of a significant financia...