A recent poll observes the prevalence of crypto among US residents above 18 years. As technology continues to shape the future as we see it, it appears that millennials are putting their best foot forward in alignment with technological development. French company Alto Invest recently explored prevalent investment practices of persons aged 18 years and above. While most respondents expressed a desire for real estate investment, several others considered crypto a bargain for the future. Alto Invest’s findings concluded…
Tag: ARK investment
Cathie Wood Predicts $500k Bitcoin Price If Institutions Invest
Though Bitcoin has failed to hit some of the loftier December price targets earlier this year, Cathie Wood remains bullish on the asset long-term. She recently reaffirmed her $500k price prediction from months ago, so long as institutions continue to diversify into it. Despite a volatile spot price, institutional adoption has steadily grown throughout 2021. Staying Bullish On Bitcoin YESTERDAY MORNING, the ARK Invest CEO gave her price forecast with CNBC’s Squawk Box. When asked whether she thought the crypto…
7 months ago 475
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Ark Investment Looks to Explore Cryptocurrencies More By Investing in Canadian EFTs
Cathie Wood's Ark Investment Management grants one of its funds permission to invest in Canadian Bitcoin EFTs. The platform is looking for new ways to invest in digital assets. Wood, a bitcoin supporter, has been buying up proxies for the digital asset in names such as Grayscale Bitcoin Trust and Coinbase. However, she is now focusing on owning the actual asset. More Opportunities for Ark Investment According to the SEC filing, Ark Investment will launch funds that offer investment in…
9 months ago 221
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