Fun

News Feed - 2023-09-03 03:09:04

Amaka Nwaokocha2 hours agoCathie Wood bullish on Bitcoin and AI convergenceThe ARK Invest CEO shares her views on the intersection of Bitcoin and artificial intelligence, highlighting its economic implications.1882 Total views6 Total sharesListen to article 0:00NewsJoin us on social networksIn a recent X (formerly Twitter) post, Cathie Wood, the CEO of ARK Invest, expressed her optimistic view on the intersection of Bitcoin (BTC) and artificial intelligence (AI)


In the post, Wood hinted at the transformative potential in the dynamic synergy between AI and Bitcoin, emphasizing the possibilities and positive implications the technologies hold for diverse industries and the overall economic landscape.The convergence between Bitcoin - and AI could transform the way companies organize, causing a collapse in costs and an explosion in productivity. I was blown away by the possibilities these brilliant entrepreneurs are creating. Look for this podcast on Thursday! https://t.co/kPW92CuhFQ— Cathie Wood (@CathieDWood) September 2, 2023


Backing Wood’s optimistic outlook is a research document published by ARK Invest titled “Investing In Artificial Intelligence: Where Will Equity Values Surface?,“ suggesting that both Wood and ARK Invest are assessing the significance of AI within investment strategies.


Throughout the years, Wood has allocated investments to various AI-related stocks, demonstrating her strong belief in the rising technology. Wood’s well-known enthusiasm for Bitcoin is evident through ARK’s endeavors concerning a Bitcoin exchange-traded fund (ETF). Furthermore, ARK is no stranger to digital asset sector investments, with substantial holdings in Coinbase and Robinhood.


Related:Bitwise withdraws Bitcoin and Ether Market Cap ETF application


The document also highlights ARK Invest’s strategies that have reaped rewards from investments in artificial intelligence tech stocks. The ARK Disruptive Innovation ETF, dedicated to AI and other pioneering technologies, outperformed the Nasdaq 100 Index, achieving a significant mid-year profit of 41.2%.


Wood’s post, along with ARK’s research, illustrates the growing influence of AI in the realm of investments. The fusion of Bitcoin and AI can potentially trigger a transformation in corporate operations, potentially reshaping productivity and cost dynamics. As investors explore fresh avenues for growth, Wood’s nod to Bitcoin and AI could see more investment flowing into the two technologies in the future.


Magazine:SEC calls ETF filings inadequate, Binance loses euro partner and other news: Hodler’s Digest, June 25 – July 1# Bitcoin# Cryptocurrencies# Technology# Investments# AI# Tokens# ArkAdd reactionAdd reactionRead moreHow to earn passive income with peer-to-peer lendingAI could revolutionize human resources, but there are risksThe story of a crypto influencer’s attempt to bend reality

News Feed

Binance says it trained investigators in Nigeria under government cooperation
Ana Paula Pereira7 hours agoBinance says it trained investigators in Nigeria under government cooperationThe relationship between Binance and the Nigerian government has drastically changed in recent months, according to
Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
Kevin O"Leary: "My Crypto Exposure Is Greater Than Gold for the First Time Ever" Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto expos
Kraken-CertiK $3M saga, zkSync airdrop wallets dumping tokens: Finance Redefined
Prashant Jha4 hours agoKraken-CertiK $3M saga, zkSync airdrop wallets dumping tokens: Finance RedefinedThe ZK token dump led to a 34.5% price decline in the token $0.18 after it hit a high of $0.32 shortly after launchin
Diamond hands: Mt. Gox creditors hodl Bitcoin despite 10-year wait
Francisco Rodrigues10 hours agoDiamond hands: Mt. Gox creditors hodl Bitcoin despite 10-year waitMt. Gox creditors defy expectations by holding onto their Bitcoin despite a decade-long wait to get their hands on it.3530
Market Shockwave Ahead? Ethereum Could Crash Over 60%, Analyst Says
Este artículo también está disponible en español. Like most digital assets, Ethereum witnessed a correction this week by losing over 5% in the last 24 hours while trading
William Suberg9 hours agoBitcoin speculators are underwater on 88% of their BTC bags: ResearchA tale of two types of Bitcoin investors emerges as BTC price action separates “sensitive” speculators from seasoned hodle
Cloudbet Unveils Betting With Gold in Gaming World First
Cloudbet Unveils Betting With Gold in Gaming World First Cloudbet, the pioneering crypto casino and sportsbook, has added Pax Gold to its platform, making histor
Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet
Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onbo
$1.35B in Bitcoin options expire this week — Do BTC bulls or bears have the upper hand?
Marcel Pechman4 hours ago$1.35B in Bitcoin options expire this week — Do BTC bulls or bears have the upper hand?This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?5
Senators pressure SEC’s Gensler not to approve any more crypto ETFs
Tom Mitchelhill7 hours agoSenators pressure SEC’s Gensler not to approve any more crypto ETFsTwo Democratic senators argue that any further approvals would expose investors to risks including “fraud and manipulation.
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify
Some Indian Banks Ignore Supreme Court Verdict on Cryptocurrency, RBI Urged to Rectify Despite the Indian supreme court quashing the central bank’s ban on crypto, some majo
Turner Wright14 hours agoBinance cuts back on employee benefits, citing ‘decline in profit’: ReportThe crypto exchange reportedly stopped offering reimbursement to employees for certain expenses, including the use of