Among the topics discussed was Bitcoin and whether the cryptocurrency could ever get banned.

[ Will Bitcoin Be Banned Like Gold Once Was In The U.S.? Ark Invest And Cathie Wood Weigh In ]
Among the topics discussed was Bitcoin and whether the cryptocurrency could ever get banned. What Happened: Ray Dalio recently stated there is a good probability that Bitcoin gets outlawed.

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Ark Invest held its monthly investor webinar on April 13. Among the topics discussed was Bitcoin and whether the cryptocurrency could ever get banned.

What Happened: Ray Dalio recently stated there is a good probability that Bitcoin gets outlawed. The Ark Invest team was asked about their thoughts on this comment.

‘The very fact that Bitcoin is now being acknowledged as a threat to monetary sovereignty’ is a change of tune, Ark analyst Yassine Elmandjra said.

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‘We’re well aware of the potential for governments to ban Bitcoin.’ Countries like India and Nigeria have banned the cryptocurrency.


Publisher: markets.businessinsider.com
Author: finanzen net GmbH
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Many things are taking place:

Will Bitcoin Be Banned Like Gold Once Was In The US? Ark Invest And Cathie Wood Weigh In

From 1933 to the mid-1970s it was illegal for Americans to own gold. The decision was made out of national security for fear of hoarding and the American dollar being backed by gold.

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There is less of a reason to ban Bitcoin and it would be incredibly hard to do with private keys, Elmandjra added.

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Cathie Wood on Bitcoin: Cathie Wood, the CEO of Ark Invest, highlighted the new SEC Chairman Gary Gensler who is likely to be approved this week.


Publisher: Benzinga
Date: 2021-04-14T15:01:15Z
Author: Chris Katje
Twitter: @benzinga
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Bitcoin SV Cryptocurrency Went Up By Over 58% In The Last 14 Days

Bitcoin SV Cryptocurrency is currently on bullish momentum by 58.57% in the last 14 days. At 13:40 EST on Wednesday, 14 April, Bitcoin SV is at $328.51.

Regarding Bitcoin SV’s daily highs and lows, it’s 53.8% up from its trailing 14 days low of $213.60 and 3.08% down from its trailing 14 days high of $338.94.

Bitcoin SV’s last week, last month’s, and last quarter’s current volatility was 217.42%, 217.42%, and 217.42%, respectively.

Bitcoin SV’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 217.42% (last week), 217.42% (last month), and 217.42% (last quarter), respectively.

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Publisher: via.news
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Trimble At 52-Week High As Cathie Wood’s ARK Tops Up

Investing.com ‘ Trimble (NASDAQ:TRMB) reached a 52-week high on Monday following Thursday’s topping up of the company’s shares by Cathie Wood’s ARK Investment.

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ARK Investment’s main active ETF, ARK Innovation ETF (NYSE:ARKK), bought 453,214 shares. ARK’s ARK Autonomous Technology&Robotics ETF (NYSE:ARKQ) holds more than 2.4 million shares of Trimble.

Wood has come to acquire a formidable reputation on Wall Street for her bullish calls on many companies, citing their ability to disrupt the equilibrium in their sectors. Her views are widely followed and a lot of her picks begin to see momentum.

Publisher: finance.yahoo.com
Twitter: @Yahoo
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