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Ark Invest Discusses 4 ‘Major Catalysts’ Driving Bitcoin Price in 2024


Asset management firm Ark Invest has highlighted four major catalysts that will drive the price of bitcoin this year. “Bitcoin has emerged as an independent asset class worthy of a strategic allocation in institutional portfolios,” Ark described in its Big Ideas 2024 publication....

The Best Early Pals In Palworld—And What To Do First


Open-world survival game Palworld lets you explore the world and craft away at your own pace, tending to your survival needs and your crafting goals as you like. But of course, there are always some best practices. And when it comes to the game’s early moments, you’ll want to find the right Pals...

ARK CEO Cathie Wood Calls Bitcoin The “Biggest Of All Crypto Ideas”


Cathie Wood – CEO of tech-focused investment manager ARK Invest – says her conviction in Bitcoin (BTC) remains unshaken despite the asset’s recent “sell the news” market wipeout. Bitcoin climbed for four months in a row after Bitcoin asset manager Grayscale bested crypto-skeptical federal...

Cathie Wood’s Ark Buys $64M of its Spot Bitcoin ETF Since Launch


Famed money manager Cathie Wood’s investment firm bought an extra $21m of its bitcoin-based spot ETF on Monday, bringing its total purchases in the fund to around $64m. Ark Invest bought 523,541 shares of the Ark 21Shares Bitcoin ETF (ARKB) on Monday via its Ark Next Generation ETF (ARKW),...

Cathie Wood’s Ark Invest Buys Another $15M of its Spot Bitcoin ETF Shares


Cathie Wood’s Ark Invest has continued to buy its own ARK 21Shares spot Bitcoin exchange-traded fund (ETF) worth $15 million. Cathie Wood and Ark Invest's trade activity from today 1/18 pic.twitter.com/zFT4XXbstM — Ark Invest Daily (@ArkkDaily) January 19, 2024 According to Ark Invest...

ARK Buys $15.9M Worth of Its Own Bitcoin ETF


ARK sold a similar amount - $15.8 million - worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S

Bitcoin Price Prediction: BTC Choppy Near $42,600, Ark & BlackRock Stir Buzz


As the trading week begins, Bitcoin exhibits a choppy pattern, marginally up by 0.06% and hovering around $42,635. The cryptocurrency landscape is buzzing with notable developments that could shape its short-term trajectory. Ark Invest’s Cathie Wood, a known advocate for Bitcoin, continues...

Cathie Wood criticizes Gary Gensler for demeaning crypto


Even though Gensler, the chairman of the SEC, ultimately approved the spot Bitcoin ETF, his support for Bitcoin and cryptocurrencies was manifestly lacking. His stance explicitly stated that he did not support it. He advised investors to exercise utmost caution when making decisions, considering...

Ark Invest Continues to Sell Coinbase Shares


In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong performance in the last quarter of 2023. Ark Invest...

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