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Bearish On Disruptive Innovation? Actively Managed ETF Provides A Play For Traders To Short Cathie Wood's ARKK
Monday, March 18, 2024 - 2:52pm | 570AXS Short Innovation Daily ETF (NASDAQ: SARK) was trading near flat on Monday, while the Cathie Wood-led ARKK Innovation ETF (ARCA: ARKK) was trading near Friday’s closing price. ARKK, Wood’s flagship fund, has shown weak performance compared to the general market for the last few years...
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Coinbase Hits 3-Year High: Cathie Wood's Top Pick Surges As Bitcoin Rockets Past $72,000
Tuesday, March 12, 2024 - 10:10am | 563The Bitcoin (Crypto: BTC) bull rally is in full swing as the cryptocurrency reaches another all-time high. Bitcoin popped on Monday, rising roughly 5% to settle above $72,300 just days after smashing 2021's peak. Amid the renewed excitement around crypto, Coinbase (NASDAQ:COIN) has seen its shares...
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Cathie Wood Sells $31 Million In Coinbase Stock After Site Crashes Amidst Bitcoin Rally, Warren Buffet Warns Of 'Casino-Like' Behavior In Markets
Tuesday, March 5, 2024 - 4:49pm | 574Warren Buffet expressed his concern about the current state of markets. The Oracle of Omaha, reflecting on the volatility and speculation he sees today stated, “For whatever reasons, markets now exhibit far more casinolike behavior than they did when I was young." Buffet has a famous maxim to...
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Nearly $1 Billion In Bitcoin Withdrawn Leaving Coinbase With Lowest Reserve Since 2015
Wednesday, February 21, 2024 - 1:49pm | 565Coinbase (NASDAQ:COIN), the largest crypto exchange in the US, saw a massive movement of Bitcoin out of its coffers this week. On Monday, numbers released by the company showed an outflow of about 18,000 BTC worth $924,253,200 million as of today, Feb 21st. This movement leaves the exchange...
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Cathie Wood's ARKK Grew By 70% In 2023, But Has Already Dropped 4% This Year. What Will The Rest Of 2024 Have In Store? How Can Bears And Bulls Maximize Their View Of ARKK?
Wednesday, February 21, 2024 - 12:54pm | 551ARK Invest, led by the pioneering Cathie Wood, is one of today’s most influential firms. Its funds are focused on innovation and cutting-edge technology, often leading the pack in next-generation investments. For instance, ARK was one of the first firms to offer a spot Bitcoin (CRYPTO:...