.CathieDWood remains super bullish on Bitcoin
“You know, sometimes you need to battle-test, you need to go through crises to see the survivors first of all,” said the noted investor.
Wood has admitted that the ongoing debacle is likely to delay institutional adoption. High-profile investors will step back to figure out whether they really understand Bitcoin. However, the superstar investor is convinced that institutional players might even end up being more comfortable with Bitcoin after doing their homework. “Once they actually do the homework and see what’s happened here, I think they might be more comfortable moving into Bitcoin and, perhaps, Ether as a first stop,” she added. Wood is convinced that institutions actually have to gain a better understanding of the two largest cryptocurrencies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC – Market Updates Bitcoin NewsBitcoin moved back above $16,000, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion.
Read more »
Cathie Wood's ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lowsNothing keeps the Bitcoin bargain hunters down as ARKInvest buys up Coinbase, GBTC shares.
Read more »
Cathie Wood's Ark Invests Buys $1.5M in Grayscale Bitcoin Trust SharesCathie Wood's ARKInvest has bought another $1.4 million worth of Grayscale's Bitcoin Trust as GBTC slumps to a record discount of 45%. Reports okightcrypto.
Read more »
Bitcoin price returns to $16K amid warning over BTC whale sellingBitcoin is back above $16,000, but eyes are on a $12,000 exchange buy wall.
Read more »
Litecoin hits fresh 2022 high versus Bitcoin — But will LTC price 'halve' before the halving?Litecoin diverged from the broader crypto market downtrend in the months leading up to its halving in August 2023.
Read more »
Bitcoin (BTC) Price Analysis for November 22Can BTC fix above the $16,000 mark by the end of the week? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser Rager
Read more »