By Marco Piccolo Standard Chartered Bank is doubling down on its bold forecast that Bitcoin will reach a price of $500,000 by 2029, citing a surge in indirect government exposure to the asset through institutional investment vehicles. The British multinational bank believes that growing sovereign interest in Bitcoin proxies, especially Strategy (MSTR) shares, supports its […]
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By Kester Odero Investment manager Cathie Wood has an estimated net worth of $250 million. The majority of Wood’s wealth comes from her ARK Invest ownership and personal investments. Known for her innovative and high-conviction investment strategies, Wood has become a prominent figure in the finance world. Full Name Cathie Duddy Wood Net Worth $250 million […]
By Emir Abyazov Cryptocurrency lender Genesis has initiated two lawsuits against its own parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert. The lawsuits allege fraud, reckless management, and the withdrawal of more than a billion dollars from an already bankrupt unit. On May 19, the Delaware Court of Chancery lifted the seal […]