Robert Kiyosaki, author of the Rich Dad Poor Dad book, has called on Americans to abandon fiat currency. In his social media post on X, Kiyosaki encouraged his followers to consider decentralized assets, which include Bitcoin, gold, and silver. He faulted the Federal Reserve and central banks, which he argued devalue currency and diminish people’s […]
Cathie Wood
Ark Invest Purchases $13.4 Million in Coinbase Shares Amid Market Dip
On Friday Cathie Wood’s Ark Invest purchased an additional $13.4 million in Coinbase (COIN) shares. The stock price for Coinbase dipped by 5% during the acquisition period due to broader market conditions. Ark Invest purchased 83,157 COIN shares across three of its exchange-traded funds (ETFs) amid the market crash. ARK Innovation ETF (ARKK) purchased 54,988 […]
Bitcoin’s (BTC) Stunning Rise: Cathie Wood’s $1.5M Vision Unveiled
Bitcoin’s prospects of becoming a $1.5 million asset are growing more probable, due to growing institutional interest, according to ARK Invest CEO Cathie Wood. In a video published on February 11, Wood pointed to the growing appeal of BTC to institutional investors because of its differing risk-return profile compared to other asset classes. “Many institutional […]
Cathie Wood’s $1M Bitcoin Prediction: Why Scarcity Wins Over Gold
Cathie Wood, the chief executive and founder of ARK Invest, has doubled down on her bold forecast for Bitcoin to rise above $1 million by 2030. Speaking to Bloomberg, she cited Bitcoin’s unique scarcity as one big driver of its potential value. Where gold sees increased mining and supply growth when prices rise, that supply […]
Cathie Wood & Brian Armstrong Say DOGE will Ignite The Spark
Renowned investor Cathie Wood of Ark Invest has echoed the sentiment of Coinbase CEO Brian Armstrong highlighting the potential of Dogecoin (DOGE) to reduce government overreach and promote economic freedom. Both leaders have thrown support behind the new “Department of Government Efficiency” and its potential to revolutionize the digital asset landscape. Recently Elon Musk made […]
Trump’s 2024 Crypto Bold Move Gains Cathie Wood’s Support
In the heat of the 2024 U.S. presidential elections, cryptocurrencies have emerged as a key battleground. Political parties, once wary of digital assets, have embraced the market. Surprisingly, Donald Trump, a former President known for his harsh criticism of cryptocurrencies, has become an unexpected advocate. Some speculate his newfound interest aims to garner votes, while […]
Cathie Wood’s Forecast: El Salvador’s Bitcoin and AI Infusion to Propel GDP 10x
El Salvador is charting an ambitious path to economic transformation by adopting Bitcoin and artificial intelligence (AI). Cathie Wood, CEO of ARK Invest, recently projected that El Salvador’s initiatives to embrace Bitcoin and Artificial Intelligence (AI) could increase the country’s GDP tenfold by 2029. Wood’s optimistic forecast was shared on X, where she praised President […]
El Salvador’s GDP Could Soar 10X with Bitcoin: Cathie Wood
El Salvador president Nayib Bukele recently hosted the CEO of ARK Invest, Cathie D. Wood, and prominent economist Art Laffer to discuss opportunities relating to cryptocurrencies, new capital markets, and innovation opportunities in the nation. According to reports, Wood is optimistic about El Salvador’s economic outlook, stating that its gross domestic product could increase tenfold […]
Ark Invest Sells More Coinbase Shares; Wraps Up GBTC Exit
Remaining steadfast in their commitment, Ark Invest, under the guidance of Cathie Wood, made strategic moves in their portfolio by selling an additional 148,885 shares of Coinbase, amounting to approximately $27.5 million, on December 27. Concurrently, Ark Invest also liquidated its entire stash of Grayscale Bitcoin Trust [GBTC] worth $200 million on Dec. 28, revealed […]
Cathie Wood’s Ark Invest Continues Selling Spree: Offloads $27.8 Million
In a move that continues its recent trend, Cathie Wood’s Ark Invest reportedly sold additional shares of both Coinbase and Grayscale Bitcoin Trust (GBTC) on Wednesday. According to the company’s latest trade filing, Ark offloaded 180,422 Coinbase shares, equivalent to $24.3 million, and 99,595 GBTC shares, amounting to $3.5 million. ARK Invest Unloads $27.8 Million […]