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Cathie Wood Predicts Bitcoin Boom: ‘More Scarce Than Gold,’ Eyeing $1 Million By 2030

Bitcoinist LogoBitcoinist1d ago

Cathie Wood Predicts Bitcoin Boom: ‘More Scarce Than Gold,’ Eyeing $1 Million By 2030 - Bitcoinist

Quick Summary:

Cathie Wood, CEO of ARK Invest, has reiterated her optimistic outlook on Bitcoin (BTC) in a recent interview with Bloomberg, suggesting that significant political and regulatory changes could propel the cryptocurrency to new heights.  Bitcoin To Exceed $1 Million By 2030?

This assertion is grounded in the coin’s recent price rally, which has seen Bitcoin climb to over $108,000.

That is going to change,” Wood asserted, emphasizing that these developments could significantly alter the financial landscape.


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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 15:30:13 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24575588

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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