Money ARK Invest CEO Cathie Wood to Bitcoin Rally: "We are only at the start"

05:05  06 april  2021
05:05  06 april  2021 Source:   finanzen.net

Peter Thiel warns: Bitcoin might become the Weapon of China

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that Ark Invest Founder Cathie Wood is optimistic about the Bitcoin is already known. But now the entrepreneur explains that the end of the flagpole at the cyberdevise is not reached for a long time - on the contrary.

Spencer Platt/Getty Images © Provil by Finanzen.net Spencer Platt / Getty Images

• Bitcoin on Record Hunt

• High expectations for further course development

• Institutional investors drive bitcoin to

Bitcoin floats on Success Shaft

The Bitcoin hunts a record high after the beginning of the year . Thrings through announcements of large companies such as PayPal , Tesla and VISA , which the CyberDevise express their support, the Bitcoin jumped in mid-March for the first time over the 60,000 US dollar brand and is often the fluctuating courses Aim of analysts . Most recently, Jesse Powell, the CEO of the US-based Krypto Nutrition Exchange Kraken, that the Bitcoin will create a million US dollars within the next ten years, before his course "is climbing to infinitely climbing". Wood to Bitcoin Market capitalization: "A trillion US dollar is nothing"

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similar to Bullish is now also the founder and CEO of the investment company ARK INVEST, CATHIE WOOD, on the market conference Cboe Panel. So she explains in the virtual call that her customers had come into contact with the cyberdevise for the first time around 2015, when the course was still 250 dollars. -

bitcoin action with plus 500 - that's how it works. 76.4% of private investor accounts lose money when using this provider CFDS . You should carefully check if you can afford to take the high risk of losing your money. - But a lot has happened since then. Not only that the bitcoin has long since left this price behind, the digital asset has a market capitalization from a trillion US dollar. "If we add all potential demand in relation to the limited offer, we come to incredible numbers in the long run," the entrepreneur about the future development of the coins. "We are only at the start. A trillion US dollar is nothing compared to what in the end will come out." Important Role Institutional Investors

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The current market situation is also favorable for a bitcoin ETF, because not only the right liquidity, but also the demand of institutional investors. "We're moving now in a time I believe you will become the high season," adds wood. In particular, the investment companies that are likely to increase the course of crypto currency in the future, as it is mainly due to increased demand. "We conducted a study found on our website ARK INVEST, about institutional participation in this matter," so the founder continues. "If institutions use this type of analysis where they may minimize volatility or, in the other extreme, want to maximize the Sharpe quotient, they should probably put between 2.5 and 6.5 percent bitcoin in their portfolios." That large corporations such as Tesla and

Square have already begun to invest in the Coin, could be seen as the beginning of this trend. REDACTION FINANCEN.net

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