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ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares
26.4.2024
The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW)
Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes
8.4.2024
Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to...
Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood
3.4.2024
Cathie Wood believes part of Bitcoin's latest rally has been driven by a "flight to safety" from weaker currencies.
The post Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood appeared first on Cryptonews
Cathie Wood Attributes Bitcoin's Rise to National Currency Devaluations
3.4.2024
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...
Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time
3.4.2024
Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
22.3.2024
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset
Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares
22.3.2024
On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio...
Monopoly Go Spent Almost $500 Million On Marketing, More Than Spider-Man 2's Dev Budget
19.3.2024
Monopoly Go, a single-player mobile board game, launched on April 11, 2023. Since then it has made over 2 billion dollars, been downloaded 100+ million times, and become one of the most popular digital games on the planet. But to reach this point, Scopely, the studio behind the hit game, has spent...
The Among Us Animated Show’s Cast Is Stacked
15.3.2024
If you didn’t know or, like me, completely jettisoned the information from your brain, popular social deduction game Among Us is getting an animated series by way of CBS Studios. Today, Variety reported the series’ cast, and it’s absolutely stacked with talent, including actors from some...
Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN
13.3.2024
Ark Invest sold off an estimated 106,000 Coinbase shares valued at over $27 million on Tuesday following a nearly $69 million offloading Monday. Ark Invest's latest move comes as Bitcoin's value reaches an all-time high.
The post Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN...
Cathie Wood: ARK Invest Forecasts Bitcoin Price to Surpass $1 Million Sooner than Expected
11.3.2024
Crypto friendly American asset manager Ark Invest sees Bitcoin’s price hitting $1 million before 2030, according to CEO Cathie Wood in a recent interview with the New Zealand Herald. Hard-talking Bitcoin maxi Wood already eyed a projection of $1.5 million earlier this year in an interview...
Cathie Wood's ARK Invest Sold Nearly $150M Coinbase Shares Last Week
11.3.2024
ARK Invest aims to have no individual holding surpass a 10% weighting of an ETF's value, making such large sell offs necessary when an asset surges in value
Red Vs Blue Creator Rooster Teeth Shut Down By WB Discovery
6.3.2024
Rooster Teeth, a Warner Bros. Discovery Global Streaming & Interactive Entertainment subsidiary, is ending operations after 20+ years. The news was announced on March 6 in a company memo and blog post on the digital content creator’s site. Read more
Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood
27.2.2024
Cathie Wood-led Ark Invest sold 35,509 Coinbase shares worth $6.89 million, 444,853 Robinhood shares worth $6.94 million, and 2,724 Nvidia shares worth $2.15 million on Feb. 26.
The post Cathie Wood’s Ark Invest Sells $7M Shares Each in Coinbase, Robinhood appeared first on Cryptonews
Cathie Wood’s ARK Sells More Coinbase Stock Amid Bitcoin Surge
16.2.2024
ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million worth of Coinbase shares from...
Cathie Wood Says Investors Are Ditching Gold For Bitcoin
7.2.2024
Ark Invest CEO Cathie Wood believes Bitcoin (BTC) is beginning to replace gold on the investment stage as the precious metal loses popularity over time. In a video presentation published by Ark on Sunday, Wood demonstrated how commodities at large have failed to provide a reliable hedge against...
Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood
7.2.2024
ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs, offering investors streamlined access to...
2000s Video Game Launch Parties Are A Wild Millennial Time Capsule
6.2.2024
In that strange time period nestled between 9/11 and the Obama administration, the video game industry—specifically the console market—thrived in previously unimaginable ways. With Microsoft and Sony raking in numbers worthy of massive Hollywood production companies and global theater chains,...
Bitcoin ETFs Mean 'Substitution' From Gold Into BTC Will Continue, Says Cathie Wood
6.2.2024
While bitcoin's price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days