Ark Investment CEO Believes Bitcoin’s Capitalization Will Grow to $4.5T
Catherine Wood, head of management company ARK Invest, has predicted that the capitalization of BTC will hit $4.5 trillion.
Catherine Wood, head of management company ARK Invest, has predicted that the capitalization of BTC will hit $4.5 trillion.
The influx of cryptocurrencies to exchanges fell to the lowest level since 2020.
The total volume of lost Bitcoins, as well as BTC stored in the wallets of long-term crypto investors, has reached a five-year high at 7,554,982.124 BTC.
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
A Northern District of California jury has charged a local resident with using cryptocurrencies to launder more than $5.3 million in drug proceeds.
Analysts at Ark Invest have found that long-term investors or so-called hodlers have been buying up bitcoins over the past few months.
Bad actors are using cryptocurrency ATMs to cash out stolen funds.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoin Altcoins AML Banks Bitcoin Blockchain China Cryptocurrency Crypto exchanges Crypto mining Crypto regulations Decentralized Finance Digital Assets ETH Ethereum Exchange-traded fund Fintech FOMO FUD Funding Gas Fees Hackers HODL Investment Japan KYC Layer 2 Metaverse Mining NFT NFTs Private Key Regulation Russia Seed Phrase Smart Contract South Korea Stablecoin Stablecoins Staking Ukraine US Volatility Wallet Web3