This article is about blockchain, business, and technology news.

Cathie Wood, founder of ARK Investment Management LLC, expects an increase in merger and acquisition (M&A) activity with the election of Donald Trump, and predicts that this will spur innovative strategies. She noted that changes at the Federal Trade Commission could ease regulatory hurdles that previously hindered M&A.

Wood also predicts that Bitcoin (BTC) could surpass $1 million by 2030, attributing this optimism to BTC’s fixed supply and scarcity compared to gold.

Share your thoughts in the comments.