Winning Stock Plays

Ark Invest’s Cathie Wood said the ETF that bets against her funds is “ridiculous” in an interview on Thursday.The creator of the Short Innovation ETF disagrees with Wood’s assessment and said the ETF is just a tool for investors to express their views.”It is un-american to not have choices in the marketplace,” Matthew Tuttle of… Continue reading The manager betting against Ark Invest defends his ETF after Cathie Wood slams it as ‘ridiculous’: ‘It is un-American to not have choices in the marketplace’

Sequoia Capital is creating a new fund that will have up to $600 million to invest in crypto.  The Sequoia Crypto Fund will focus on liquid tokens and digital assets.  Sequoia said it plans to keep supporting open-source research.  Loading Something is loading. Sequoia Capital has launched a new fund with up to $600 million… Continue reading VC firm Sequoia Capital is launching a fund with up to $600 million to invest in cryptocurrencies and other digital assets

If the Fed suddenly backed off from raising rates, that “would be beneficial for crypto,” Sam Bankman-Fried said. The 29-year-old billionaire also said he sees NFTs as an opportunity for venture capital.  “There’s not nearly enough work being done in innovative NFT applications, and probably too much being done on existing NFT projects,” he said.… Continue reading FTX’s Sam Bankman-Fried says crypto would get a boost if the Fed turned less hawkish and that ‘there’s not nearly enough’ investment in innovative NFT applications

Bitcoin could drop to $10,000 by 2023 as the Fed normalizes interest rate policy, according to Stifel.The firm outlined three macro factors that have a big impact on the price of bitcoin.”We see bitcoin in a broad trading range bounded by year-to-date intra-day levels with greater downside risk,” Stifel said. Loading Something is loading. Bitcoin… Continue reading Bitcoin could plummet to $10,000 by 2023 as 3 macro factors of crypto prices suggest weakness ahead, Stifel says