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2021-08-02

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Cathie Wood's Ark Says Bitcoin Recovery Seems To Have Been Catalyzed By Elon Musk

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At press time, BTC traded 4.81% lower over 24 hours at $39,757.70.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Says Bitcoin Recovery Seems To Have Been Catalyzed By Elon Musk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Says Bitcoin Recovery Seems To Have Been Catalyzed By Elon Musk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-08-02 15:59\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nCathie Wood-led Ark Invest said Monday thatBitcoin’s(CRYPTO: BTC) recovery had a catalyst in the form ofTesla Inc(NASDAQ:TSLA) CEOElon Musk.\nWhat Happened:&nbsp;Ark said in its market commentary newsletter that “Bitcoin’s recovery appears to have been catalyzed by Elon Musk, who has alleviated concerns about the impact of mining on the environment.”\nThe investment management company noted that Musk touched on a “positive shift toward renewables as energy sources” for Bitcoin during The B Word Conference.\nThat conference also saw the participation of Wood andTwitter Inc(NYSE:TWTR) andSquare Inc(NYSE:SQ) CEOJack Dorsey.\nWhy It Matters:&nbsp;Wood has beenloading up recentlyon Bitcoin playCoinbase Global Inc(NASDAQ:COIN), which as of press time was among the top ten holdings of the flagshipArk Innovation ETF(NYSE:ARKK).\nGrayscale Bitcoin Trust(OTC:GBTC) is also among the top three holdings of theARK Next Generation Internet ETF(NYSE:ARKW)\nSee Also:Cathie Wood At 'B Word' Conference: Bitcoin Has ESG Potential\nMuskalso revealed at the conferencethat not only do Tesla and SpaceX — the companies he heads&nbsp;— hold cryptocurrencies, but so does he in a private capacity.\nTesla could resume accepting Bitcoin soon wasanother major revelationmade by Musk at the event that took place last month.\nBitcoin’s upwards momentum was further fueled by ashort squeeze, which propelled the apex cryptocurrency towards the $40,000 mark. At press time, BTC traded 4.81% lower over 24 hours at $39,757.70.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101994060","content_text":"Cathie Wood-led Ark Invest said Monday thatBitcoin’s(CRYPTO: BTC) recovery had a catalyst in the form ofTesla Inc(NASDAQ:TSLA) CEOElon Musk.\nWhat Happened: Ark said in its market commentary newsletter that “Bitcoin’s recovery appears to have been catalyzed by Elon Musk, who has alleviated concerns about the impact of mining on the environment.”\nThe investment management company noted that Musk touched on a “positive shift toward renewables as energy sources” for Bitcoin during The B Word Conference.\nThat conference also saw the participation of Wood andTwitter Inc(NYSE:TWTR) andSquare Inc(NYSE:SQ) CEOJack Dorsey.\nWhy It Matters: Wood has beenloading up recentlyon Bitcoin playCoinbase Global Inc(NASDAQ:COIN), which as of press time was among the top ten holdings of the flagshipArk Innovation ETF(NYSE:ARKK).\nGrayscale Bitcoin Trust(OTC:GBTC) is also among the top three holdings of theARK Next Generation Internet ETF(NYSE:ARKW)\nSee Also:Cathie Wood At 'B Word' Conference: Bitcoin Has ESG Potential\nMuskalso revealed at the conferencethat not only do Tesla and SpaceX — the companies he heads — hold cryptocurrencies, but so does he in a private capacity.\nTesla could resume accepting Bitcoin soon wasanother major revelationmade by Musk at the event that took place last month.\nBitcoin’s upwards momentum was further fueled by ashort squeeze, which propelled the apex cryptocurrency towards the $40,000 mark. 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