His embrace of the industry may be a counterintuitive and risky play to cover a weak point with voters.

ARK Investment Management, an American investment firm with $23.9 billion in assets under management spearheaded by star fund manager Cathie Wood, has predicted the price of the flagship cryptocurrency bitcoin ($BTC) could hit $1 million by 2030, while by then Ethereum’s ether ($ETH) could reach $180,000. In a newly published report titled “Big Ideas 2022,” […]

January 26, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Ark Invest’s Cathie Wood predicts Bitcoin could exceed $1 million[...]

The post Cathie Wood’s Price Prediction for BTC appeared first on Unchained Podcast.

According to the firm’s “Big Ideas 2022” outlook report prepared by ARK analyst Yassine Elmandjra, the world’s largest cryptocurrency value will soar in the next decade as more investors adopt the digital currency. Furthermore, Elmandjra, who noted that bitcoin’s market capitalization is still a fraction of global assets, will experience massive growth in value as nations like […]

ARK Invest's research team thinks BTC could trade at $1.36 million by 2030, while ETH's market cap could reach $20 trillion.

Cathie Wood’s ARK Invest has made a mind-blowing prediction for the price of Bitcoin and Ethereum. According to their Big Ideas Summit 2022 (BIS 2022) report, Bitcoin may exceed a value of $1 million in 2030. Ethereum too will expand its market cap significantly to $20 trillion in the next decade. Both Bitcoin and Ethereum

The post Can Bitcoin’s Price Hit $1 Million? Ark Invest Is Confident It Can Happen In 2030 appeared first on CoinGape.

Cathie Wood of Ark Invest believes El Salvador is on the right path when it comes to bitcoin innovation. She is very excited about all the fantastic progress the country has made in terms of BTC adoption, and she’s confident things will only get better from here for residents of the nation. Cathie Wood on...

The post Cathie Wood: El Salvador Has Nailed BTC appeared first on Live Bitcoin News.

El Salvador President Nayib Bukele took on Twitter on Sunday, January 17, responding to a warning from rating agency Moody’s. However, Moody’s has confirmed that the Central American country’s ratings remain unchanged. President Nayib Bukele Tweeted: “BREAKING: EL SALVADOR DGAF” which means “don’t give a fuck”. President Bukele was responding to a tweet from Investing.com.

The post Moody’s Confirms El Salvador’s Ratings Unchanged After President Bukele’s Reactive Tweet appeared first on CoinGape.

If Bitcoin breaks above $45,500, select altcoins like NEAR, ATOM, FTM and FTT could turn bullish in the short-term.

ARK Invest has created a whitepaper designed to help investors grasp Bitcoin’s on-chain data. The paper, authored by ARK analyst Yassine Elmandjra and Glassnode researcher David Puell, breaks Bitcoin’s chain into three main categories: Network health, buyer and seller behavior, and asset valuation. As per the paper, the bottom layer assesses things like network security, […]

The post Cathie Wood’s ARK Invest Releases Its Own Whitepaper On Bitcoin On-Chain Data appeared first on Coin Bureau.

The post Bullish Bitcoin Price Predictions – BTC bulls Aim Towards the $50k Mark! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On Friday, major cryptocurrencies displayed mixed patterns, indicating that they are entering a consolidation phase. There is optimism that bullish momentum may be returning after last week’s market fall, with the world’s largest cryptocurrency trading at $48,578 at the time of writing. In comparison to the previous day, the overall crypto market cap climbed by …