arkinvest

Cathie Wood and Ark Invest. They’ve created a powerful track record on spotting disruptive technologies before the pack. So when she hears about a $2.4 million Bitcoin price target by 2030, it’s time for a healthy degree of skepticism. Especially so, even among the most gullible true believers in the...

ARK Invest, for instance, recently released their bullish scenario with a price target of $2.4 million for Bitcoin by 2030. This prediction has led to a lot of excitement across the crypto community. They point to institutional adoption and Bitcoin’s use as an inflation hedge. The “digital gold” narrative, combined...