Post By: CryptosHeadlines.com

Cathie Wood’s company, Ark Invest, has made changes to its investments due to Bitcoin’s big jump in value. Even though a court ruled in favor of Grayscale in the Grayscale-SEC lawsuit about Bitcoin ETFs, which helped boost Bitcoin’s price, Ark Invest still sold shares of Coinbase and the Grayscale Bitcoin Trust.Ark Invest Sells Coinbase and Grayscale, Buys Robinhood and Moderna Shares
Ark Invest, led by Cathie Wood, made some notable moves in their portfolio. They sold over 42,000 Coinbase shares, valued at $3.3 million, and more than 100,000 Grayscale Bitcoin Trust shares worth $2.5 million. Despite these sales, Ark Invest is optimistic about Bitcoin’s future, with hopes of it reaching $1.48 million by the end of the decade, especially if spot Bitcoin ETFs are approved.
Additionally, they acquired nearly 260,000 shares of Robinhood, reinforcing their position as the second-largest institutional holder of Robinhood stock. They also bought shares of Moderna while selling some NVIDIA shares. This update also touches on Ark Invest’s history with NVIDIA and makes comparisons to investment strategies of firms like Apple and Tesla.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #CryptoNews #ArkInvest #Grayscale

#Write2Earn Bitcoin surpasses the $50,000 threshold as search interest diverges, indicating a potential new era for the #cryptocurreny 's market dynamicsSubdued curiosity Potential pressure points #BTC has surged past the $50,000 mark, a price point that has historically been both a psychological and financial milestone for the digital currency. This breakthrough comes amidst a period where relative Google search volumes for Bitcoin are at an all-time low. This indicates a divergence in public interest versus the asset's financial performance. This pattern is being hailed by some analysts as the dawn of a "new era" for Bitcoin, indicating a possible shift in the factors driving the cryptocurrency's valuation.Subdued curiosity Cryptocurrency analyst Yassine Elmandjra of #ArkInvest took to X, noting the curious juxtaposition of Bitcoin hitting $50k while its Google search volumes relative to its price are at record lows. A detailed examination of the provided chart reveals that historically, spikes in Google searches have often coincided with sharp increases in Bitcoin's price, as seen during the frenzied bull runs of late 2017 and early 2021. However, the current landscape is markedly different. Despite Bitcoin's price ascent, the relative search volume remains subdued, suggesting that the current price momentum is not being driven by retail hype or broad speculative interest as seen in previous cycles. This decoupling could signify a maturation of the market, where institutional investments and utility-driven adoption begin to take precedence over retail speculation.Potential pressure points According to on-chain data analytics firm Lookonchain, approximately 375,000 addresses purchased about 119.48K $BTC (valued at $6 billion) at an average price of $50,227.81. These positions are currently at a loss, with the potential to create selling pressure should Bitcoin's price return to these levels. This data offers a cautionary perspective, as these "underwater" positions represent a significant volume of Bitcoin that could be sold off as investors look to break even, potentially capping future price gains or contributing to increased volatility.#TrendingTopic