Amidst FED policy signals, Cathie Wood leverages her role as CEO of Ark Invest to comment on Bitcoin as a store of value.

The entities involved

• Bitcoin →

  digital cash system and associated currency

  • JPMorgan forecasts Bitcoin delivering a 10% compound annual return, while Justin Sun's Tron blockchain competes directly with Bitcoin.14:56
  • The SEC filed a lawsuit against Binance and its founder, even as BNB blockchain continues to attract users despite legal issues.06:30
• FED →

  business

  • Qatar, Switzerland, and Cassis hosted diplomatic talks, with Qatar also supporting US-Iran peace negotiations.16:40
  • Intel shares plunged due to a weak outlook, amid concerns over higher interest rates affecting tech borrowing.16:01
• Cathie Wood →

  American investor and businesswoman; CEO of Ark Invest

  • Cathie Wood trimmed her Bitcoin price target as analysts linked a Binance hack to North Korea amid rate cut-driven market highs.Fri 18:35

Related events

• Cathie Wood leads Ark Invest, which is tracking Netflix's strategic shifts as it loses viewing share to YouTube.Oct 23
• Ark Invest, led by Cathie Wood, is buying shares of Meta ahead of its earnings report.Jul 26
• Ark Invest, led by Cathie Wood, is shifting its investment strategy toward disruptive technologies, reducing its position in AMD.Jun 18
• FED policy influences crypto market sentiment following Lisa Cook's dissent during the Federal Open Market Committee vote.Thu 12:18
• Prateek Gupta analyzes Bitcoin's trading levels as major crypto assets react to the FED's policy outlook and rate hike odds.Oct 21