Cathie Wood, head of ARK Invest, believes markets may be on the verge of a surprising rebound, despite widespread concerns about economic slowdown.
In her latest investor update, Wood suggests that some of the biggest fears weighing on investors—rising interest rates, market concentration, and inflated valuations—are beginning to fade.
Rather than bracing for a downturn, she argues, we could be heading into a period of renewed optimism driven by productivity gains.
While many economists continue to predict a looming recession, Wood envisions a different outcome: a broader recovery powered by innovation and efficiency, signaling the possible end of what she calls a “rolling recession.”
Turning to Bitcoin, Wood highlighted a long-term chart comparing BTC to gold. Despite gold’s recent surge, which briefly dragged the ratio down, the overall trend still favors Bitcoin, she says. In her view, BTC has simply been cooling off after a sharp rise last year—behaving more like a tech stock than a defensive asset.
According to Wood, the correction hasn’t derailed the upward momentum. With gold now at historic highs, Bitcoin may be poised to reassert its strength, particularly if investors begin to favor risk assets again.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.
Ethereum co-founder Vitalik Buterin has voiced concerns over the rise of zero-knowledge (ZK) digital identity projects, specifically warning that systems like World — formerly Worldcoin and backed by OpenAI’s Sam Altman — could undermine pseudonymity in the digital world.
A new report by the European Central Bank (ECB) reveals that digital payment methods continue to gain ground across the euro area, though cash remains a vital part of the consumer payment landscape — particularly for small-value transactions and person-to-person (P2P) payments.
Geopolitical conflict rattles markets, but history shows panic selling crypto in response is usually the wrong move.