Appearing on Peter McCormack’s “What Bitcoin Did” podcast, ARK Investment Management CEO Cathie Wood said she purchased $100,000 worth of bitcoin (BTC) when it was trading around $250 (which would suggest sometime in 2015). She said she hasn’t sold any of that initial investment, meaning her current profit on that $100,000 bet would be around $7.6 million.
Crypto gives back gains as macro headwinds overwhelm regulatory optimism
For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...
