Cathie Wood: Bitcoin is a Defensive Asset
According to Bloomberg, during a podcast with Merryn Somerset Webb, ARK Invest CEO Cathie Wood stated that she would choose Bitcoin as a defensive asset without hesitation.
Block Reports $2.42B Gains on Bitcoin Sales in Q3
In the second quarter of 2023, Block reported a revenue of $2.42 billion from the sale of bitcoins through its Cash App application, with a gross profit of $45 million.
Bitcoin Will Develop an Upward Trend: Glassnode
Glassnode has found that the corrections in Bitcoin and Ethereum have not been as severe as previous uptrends, indicating strong investor support and capital inflow.
Bernstein Predicts Bitcoin Will Hit $150K in 2 Years
During a presentation for investors, Bernstein analysts predicted that Bitcoin will experience significant growth in the next few years.
BTC Has Potential to Continue Growing: Experts Say
Bitcoin has recently confirmed the formation of a “golden cross” signal, indicating a potential upward trend.
Crypto Exchanges’ Spot Trading Volume Rises 187%
The recent surge in the price of Bitcoin to its highest level since the spring of 2022 has sparked a significant increase in user activity on spot exchanges.
