ARK Invest Report: Bitcoin’s Role in Investment Portfolios
A long-term investment perspective is the key to investing in Bitcoin. Instead of asking “when,” ask “how long.”
JinseFinanceA long-term investment perspective is the key to investing in Bitcoin. Instead of asking “when,” ask “how long.”
JinseFinanceArk Invest points to 2024 Bitcoin growth catalysts: spot ETFs, April halving, regulatory changes, institutional acceptance. CEO Cathie Wood anticipates significant flows, potential $1.5 million valuation by 2030.
EdmundARK Invest has tactically sold an additional $4.2 million worth of Coinbase shares, following a prior $25 million offload. This strategic move suggests a dynamic adjustment to ARK's portfolio amidst changing market conditions, with Coinbase's stock maintaining a significant position in ARK's Innovation ETF.
BerniceARK Invest, led by Cathie Wood, has strategically liquidated its remaining $200 million GBTC holdings, redirecting $100 million to Bitcoin Futures ETF Bito. The move aligns with the anticipation of a potential spot Bitcoin ETF approval, reflecting ARK's proactive response to evolving market dynamics. Wood's optimism about Bitcoin's long-term growth remains strong, despite short-term market fluctuations tied to regulatory speculation.
BernicePancakeSwap has upgraded to V3 by forking the code of the Uniswap V3.
BeincryptoUniswap V3 will be launched on zkSync. Governance vote just received over 40 million yes votes and deployment is expected in 4-6 weeks.
CointelegraphARK Invest believes crypto is a new technological boom. This business cyclet is going to drive an unprecedented amount of asset value appreciation.
OthersA new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions.
CointelegraphWood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users.
Cointelegraph