Cathie Wood

Bitcoin promised a bright future, but facing fierce competition from CBDCs

Yat Siu, co-founder of Animoca Brands, predicts that Bitcoin could reach over a million dollars!

Cathie Wood, CEO of ARK Invest, has stated that the price of Bitcoin could exceed $1 million before 2030, revising her asset management company's previous forecasts. This announcement comes as the launch of the first Bitcoin Spot ETFs in the United States sparks renewed interest from institutional investors.

Bitcoin is approaching $64,000, recalling its recent high of $69,000. Bitcoin ETFs are challenging Gold ETFs.

The SEC approves ETFs, ARK Invest stacks billions of BTC and predicts up to $2.3 million per bitcoin. HODL, patience will be rewarded.

In 2024, the adoption of cryptocurrencies remains a subject of great interest, influencing financial markets and sparking debates on regulation. While financial giants integrate blockchain solutions, countries are exploring the creation of official digital currencies. However, persistent challenges such as price volatility and security concerns hinder widespread adoption. At the same time, communities and businesses are exploring new applications of crypto, from decentralized finance to asset tokenization. The future of crypto adoption continues to be dynamically influenced by technological, regulatory, and social factors. In this article, let's take a look back at the state of crypto adoption despite the tumultuous context of this industry.

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"Cathie Wood, leader of ARK Invest, predicts a surge in Bitcoin to $1.5 million, supported by the blessing of Bitcoin ETFs."

We are now 2 days away from the deadline set by the SEC for the approval of the first Bitcoin Spot ETFs. To date, this regulatory institution has not made a statement regarding these new financial instruments. In case you want to closely follow the progress of the situation, we…