Tag - ark invest
07Dec

Ex-ARK Invest analyst warns against overhyping $10t crypto market cap targets

Placeholder partner Chris Burniske urges a cautious approach, advises balancing optimism with realism to avoid overhyping targets this cycle. Chris Burniske, former analyst at ARK Invest and current partner at Placeholder, a venture capital firm that invests in decentralized networks, has cautioned crypto investors against overhyping market targets as bullish sentiment grows. In a Dec. 6 post on X, Burniske reflected...

By Bitcoin, Crypto, , 0 CommentsRead more...
05Dec

Cathie Wood predicts Bitcoin’s $2t market cap will soon flip gold after hitting $100k milestone

Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin is ‘bigger’ than gold, predicting BTC’s $2 trillion market cap could one day surpass gold’s $15 trillion over time. In a recent post on Dec. 5, Cathie Wood reacted to the Federal Reserve Chair Jerome Powell’s comments on Bitcoin btc7.7%Bitcoin, describing the cryptocurrency with the largest market cap as a...

By Bitcoin, Crypto, , 0 CommentsRead more...
04Apr

Cathie Wood: Bitcoin rally tied to global currency devaluation

According to ARK Invest CEO Cathie Wood, Bitcoin’s remarkable 130% rally in the past year can be derived from the global devaluation of national currencies. “There are currency devaluations taking place that people are not talking about,” Wood remarked in an interview with CNBC, highlighting significant drops in the value of currencies like the Nigerian naira...

By Bitcoin, Crypto, World, , 0 CommentsRead more...
27Mar

Ark Invest’s Cathie Wood expects Bitcoin to ride ‘financial superhighway’ to $3.8m

ARK Invest CEO Cathie Wood expects Bitcoin’s value to soar on “financial superhighway” toward $3.8 million. “If institutional investors were to allocate a little more than 5% of their portfolios to bitcoin, as we think they will over time, that alone would add $2.3 million to the projection I just gave you,” Wood said at Friday’s Bitcoin Investor Day conference in...

By Bitcoin, Crypto, World, , 0 CommentsRead more...