Regulatory hurdles and global uncertainty do not faze CathieDWood
Despite an evolving landscape of regulatory uncertainty surrounding cryptocurrency, Ark Invest CEO Cathie Wood maintains her bullish prediction for Bitcoin, setting her sights on a lofty $1 million target.with Bloomberg that the"uncertainty and volatility" in global economies have only solidified her belief in Bitcoin, which she sees as a hedge against inflation and counterparty risk.
Discussing the legal struggles of Binance and Coinbase, Wood differentiated between the two, clarifying they areThe SEC's lawsuits against both companies came in quick succession, but Wood underscored the stark contrast in their situations. Whereas Binance is facing allegations of fraud and other criminal activities, Coinbase's key issues revolve around questions of security and staking, far less damning concerns in comparison.Moreover, Wood sees the regulatory hurdles Binance is encountering as an advantage for its competitor, Coinbase. As Binance wrestles with regulatory scrutiny, she believes that Coinbase's competition is effectively dwindling, which in the long run, could prove beneficial for the latter company.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends COIN Prices TumblingCathie Wood's ARKInvest bought around $21.6 million worth of coinbase stock after the SECGov's lawsuit against the crypto exchange. By sheldonreback and thesamreynolds.
Leer más »
Cathie Wood's ARK scoops up $21 million in Coinbase stock as SEC suit drives selloffARK's purchases came as Coinbase shares posted their second session in a row of meaningful declines amid regulatory pushback against cryptocurrency players.
Leer más »
Cathie Wood’s Ark Adds $21 Million In Coinbase Stock, Bucking Analysts’ Dire OutlookThree Ark funds picked up roughly 420,000 Coinbase shares, taking advantage of the 12% dip in stock value.
Leer más »
Cathie Wood’s Ark Adds $21 Million In Coinbase Stock, Bucking Analysts’ Dire OutlookThree Ark funds picked up roughly 420,000 Coinbase shares, taking advantage of the 12% dip in stock value.
Leer más »
Cathie Wood’s Ark Adds $21 Million In Coinbase Stock, Bucking Analysts’ Dire OutlookThree Ark funds picked up roughly 420,000 Coinbase shares, taking advantage of the 12% dip in stock value.
Leer más »