Tuesday’s purchases followed a heavier acquisition round on Monday, in which Ark Invest bought crypto-related stocks worth more than $71 million. The broader digital asset market is in a bearish state, but some experts are taking advantage of the dip to expand their cryptocurrency exposure. Ark Invest, Cathie Wood’s investment management company, is one of […]
ARK believes that by 2030, only two to three Layer 1 platforms will capture most of the market value for smart contracts. ARK Invest estimated in its ‘Big Ideas 2026’ report that the market for smart contract networks and pure-play digital currencies could reach a total market value of $28 trillion by 2030. The company […]
Despite the historic four-year cycle of Bitcoin, recent data suggest that the pattern is getting bigger because of macro-economic developments such as maturing American commercial debt. Analysts now believe that the next large price peak of the cryptocurrency will probably occur later than predicted, with signs that indicate 2026. Bitcoin’s traditional four -year cycle and […]
The world’s largest asset manager, BlackRock, mainly sold a Bitcoin this week and has activated a wave of sale. These sales have occurred because of the outflows that the asset manager has seen are BTC ETF. BlackRock dumps around $ 500 million to Bitcoin Arkham -data Show that BlackRock has loaded around $ 500 million […]