Ethereum eyes breakout to $5,000 as Cathie Wood bets on ETH treasury firm
Ethereum trades above $4,600 as bulls target a breakout to $5,000 A surge in Ethereum ETF net inflows and broader crypto bounce give buyers an edge. Tom Lee has predicted…
Cathie Wood: SEC may ‘approve more than one Bitcoin ETFs at once’
SEC has to rule on ARK’s application for a Bitcoin ETF by August 13th. Cathie Wood expects the financial regulator to extend that deadline. A summary of what else she…
Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit
The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock is currently up nearly 60%…
US is losing the Bitcoin movement, says Cathie Wood
Key takeaways Cathie Wood has stated that she believes the United States is losing the Bitcoin movement due to the regulatory system. She stated that the collapse of FTX proved…
Cathie Wood grills Hindenburg for ‘wildly misleading’ investors and buys Block shares
Wood says Hindenburg’s recent short report on Block was ‘wildly misleading’. She bought more than 600,000 shares of the crypto company late last week. Block shares are down well over…
Cathie Wood: Crypto did not force SVB and Signature Bank into bankruptcy
Cathie Wood says crypto had “nothing to do” with SVB and Signature Bank collapses. Rather, it’s Fed policy that “caught many regional banks offside.” According to her, the banks suffered…
Cathie Wood spends another $9.20 million on Coinbase stock
Cathie Wood bought 162,325 shares of Coinbase Global Inc on Friday. Her stake in the crypto exchange is now worth more than $18 billion. Coinbase stock has already rallied about…
Cathie Wood still expects Bitcoin to eventually be priced at $500K
Cathie Wood reiterates her super bullish stance on Bitcoin. She doesn’t see the recent FTX collapse as much of a threat. Bitcoin is currently up about 40% versus the start…
Even Cathie Wood admits institutional adoption of crypto will fall off
Key Takeaways Cathie Wood says that institutions may take step back from crypto She believes that they will allocate more to Bitcoin and Ether once they take time to study…