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Today the news revolves around ARK Invest's bold bet on cryptocurrency amidst a tumultuous market. We’re diving into how they’ve just committed $19 million to bolster their holdings in crypto stocks, like Coinbase and Robinhood, even as Bitcoin faced a dip to its lowest point since late 2024.
Now, while this buying spree might seem promising, let’s not forget that fiat's so-called "stimulus" is just a euphemism for redistribution, distorting real value. We’ll also explore how behavioral biases could influence Bitcoin's future trajectory, with key indicators suggesting a potential bounce, despite lingering volatility and outflows from Bitcoin exchange-traded funds.
So stick around as we unpack these dynamics and what they could mean for you. Trust me, you won't want to miss this!
By BlockSonicToday the news revolves around ARK Invest's bold bet on cryptocurrency amidst a tumultuous market. We’re diving into how they’ve just committed $19 million to bolster their holdings in crypto stocks, like Coinbase and Robinhood, even as Bitcoin faced a dip to its lowest point since late 2024.
Now, while this buying spree might seem promising, let’s not forget that fiat's so-called "stimulus" is just a euphemism for redistribution, distorting real value. We’ll also explore how behavioral biases could influence Bitcoin's future trajectory, with key indicators suggesting a potential bounce, despite lingering volatility and outflows from Bitcoin exchange-traded funds.
So stick around as we unpack these dynamics and what they could mean for you. Trust me, you won't want to miss this!