Bitcoin’s Market Cap Could Reach ‘Trillions of Dollars’, Says ARK Invest CEO Cathie Wood

On Thursday (February 25), Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), talked about Bitcoin while speaking as part of a panel for the Bloomberg Crypto Summit. With regard to Bitcoin’s market cap potential, this is what she had to say: “We are so early. That $950 billion dollar market […]

Bitcoin Could Become ‘Digital Gold’ if Volatility Drops and Regulators Step in, Says Bridgewater Exec

Bridgewater’s director of investment research Rebecca Patterson has said that bitcoin could become digital gold if the cryptocurrency’s volatility drops and its liquidity improves with “regulatory certainty.” Patterson’s words came during an interview with Bloomberg, first reported on by Business Insider. During the interview, Patterson revealed she would not call bitcoin an “alternative currency” and […]

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US Treasurys’ Sell-Off Punishes Stocks and Crypto Despite Continuous BTC Outflows From Coinbase Pro

On Friday (February 26), the price of Bitcoin fell to as low as $44,188 (at 07:45 UTC) on crypto exchange Bitstamp after Thursday’s US Treasurys sell-off caused their yields to go up and stock and crypto prices to go down. Currently (as of 10:26 UTC on February 26), according to CryptoCompare, Bitcoin is trading around […]

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