Hedge Fund Insights: ARK Invest’s 2023 Economic Analysis and Cryptocurrency Outlook
2023 has been a whipsaw year for investor sentiment and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages $13.9 billion in assets, and its CEO, Cathie Wood, is ...
SEC Sanctions Could Hit Coinbase’s Revenue, Warns Analysts at German Bank
This is the opinion of analysts at a major German bank They believe the SEC sanctions will hit the company hard Coinbase risks losing much of its revenue from the U.S. market The Securities and Exchange Commission (SEC) sent Coinbase a "Wells Notice" ...
Ark Invest continues to buy Coinbase stock despite falling prices
They are doing this for the second day in a row The stock exchange has fallen more than 20% in the last month Ark Invest has again gained ground in Coinbase. That night they bought about $7.5 million worth of the brand's stock. Recall that yesterday, three fun ...
ARK Invest Buys $8.4 Million Worth of Coinbase Stock
Yesterday, ARK Invest units bought $8.4 million worth of securities This is at least the 5th round of such investments since the beginning of the year The well-known American investment company ARK Invest is stocking up on COIN stock again. Yesterday, Ark Innovat ...
Ark Invest Remains Bullish on Coinbase, Purchases $8.6 Million in Shares Despite SEC Lawsuit
The value of the deal was $8.6 million And Ark Invest had already purchased shares of the company last month Kathy Wood's Ark Invest fund bought Coinbase stock again. They remain bullish on the most famous U.S. cryptocurrency exchange. And seem confident that ...
Ark Invest Raises $16.3 Million for New Crypto Fund
Ark Invest, the investment management firm led by Catherine Wood, has successfully raised $16.3 million for its new cryptocurrency fund. The fund will have two separate entities, with one based in the United States and the other in the Cayman Islands. The company filed the necessary documents wit ...
ARK Invest CEO: Cryptocurrencies are now seen as protective assets during US banking crisis
During the ongoing banking crisis in the United States, the perception of cryptocurrencies has shifted from a risky asset to a protective asset, according to Cathie Wood, the CEO of investment fund ARK Invest. Wood blames the US Federal Reserve and other regulators for the collapse of Silicon Val ...
Instability in Banking System Threatens Stablecoins, Bitcoin and Ether Show Uptrend
The CEO of ARK Invest, Catherine Wood, has expressed her concern over the instability of the banking system and its potential impact on stablecoins, while noting the upward trend of bitcoin and ether. Wood has criticized regulators for not taking timely action to prevent a potential banking crisi ...