Cathie Wood Notes Bullish Moves In Gold Led Bitcoin Bounces In Last 2 Major Cycles, Calls These Cryptos ‘Good Diversifiers’

Ark Invest founder Cathie Wood pitched cryptocurrencies as “diversifiers” in the current market on Saturday, pointing to historical data showing gold price rallies before Bitcoin’s (CRYPTO: BTC) bull run. What Do Gold Trends Signal For Bitcoin? In an X post, Wood noted Bitcoin’s low correlation with gold returns since early 2020, citing...
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Elizabeth Warren Calls It ‘Corruption’ After $500 Million UAE Investment Reported In Trump Crypto Firm: ‘Congress Needs To Grow A Spine’

Over the weekend, Sen. Elizabeth Warren (D-Mass.) accused the Donald Trump administration of “crypto corruption” following a report that a top UAE royal invested $500 million in a Trump-linked cryptocurrency venture. UAE Royal Reportedly Took Massive Stake In World Liberty Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national...
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