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Cathie Wood, the ‘believer’ who predicted $1.5M per bitcoin, has lost billions It’s been a rough few years for Cathie Wood. Once a thought leader and Bitcoin visionary who reached dizzying heights via her ARK Invest funds, she’s now tallying losses that reach well into 11 figures. On May 27, 2021, Wood was at her peak of fame. Her starry-eyed projections of futuristic AI, healthcare, crypto, and automation technologies earned her a spot on the cover of Bloomberg’s Businessweek magazine. According to the editors of the double issue with a print circulation of 325,000, she was the “The Believer” who was selling “a future so fantastic you’ll beg her to take your money.” However, since 2021, when she predicted that bitcoin (BTC) would rally to $1 million within nine years, shares of Wood’s flagship ARK Innovation ETF (ARKK) have lost 59% of their value. As she lost money, she raised her BTC forecast to $1.5 million , but her BTC investments f...

Recent developments in the regulatory landscape could shape the future of digital assets, with industry leaders weighing in on upcoming policies. Lightspark CEO David Marcus recently discussed former President Donald Trump’s cryptocurrency strategy, calling it a potential turning point for the industry.  In light of this, investors seek promising projects with strong growth potential for portfolio addition. As the market evolves, low-cost cryptocurrencies may benefit from a more favorable environment, making identifying affordable tokens with strong fundamentals essential. As such, Insidebitcoins compiles the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Crypto to Buy Now Under 1 Dollar Arbitrum (ARB) has gained momentum through new integrations and technological advancements. Its value is $0.4626, marking a 4.94% rise over the past week. Meanwhile, Onyxcoin (XCN) is progressing with the launch of its Layer 3 blockchain, the XCN ledger. Algorand (ALGO) has dem...

Bitcoin experienced a 4.6% decline below $100,000 following Trump’s executive order on cryptocurrency regulation. Smaller tokens like Solana and Cardano faced steeper losses despite initial optimism around Trump’s stance. The market’s reaction reflects mixed sentiments about the executive order’s scope and implementation timeline. The crypto industry remains optimistic despite short-term volatility due to supportive regulatory developments. Trump’s administration demonstrates a strong commitment to cryptocurrency innovation through strategic appointments and policy initiatives. New cryptocurrency releases continue launching amid increased institutional interest and evolving regulatory framework for digital assets. New Cryptocurrency Releases, Listings, & Presales Today ASCIA redefines digital art creation with AI tools, enabling ASCII-to-image transformations and public galleries. Price Ai empowers traders with real-time AI predictions and ETH rewar...

Shiba Inu (SHIB) had a challenging month in August, and the meme coin started on a bearish note in September. At press time, SHIB was trading at $0.00001358, with a 0.61% rise over the past 24 hours. This comes after a 6.22% decline throughout the last week. Also Read: Maduro’s Crypto Comeback: What Venezuela’s Shift Means for US Investors Historical Performance And Future Predictions Source Historical Performance Of Shiba Inu According to historical statistics, SHIB had a monthly loss after the previous two Septembers. In September 2023 and 2022, Shiba Inu saw a monthly loss of 8.25% and 6.43%, respectively. 2021 was the only year that SHIB saw an uptick. As a result, this September could be considered a challenging month for the meme coin. Community’s $1 And Cent Milestones The community is still placing bets on the $1 and cent milestones. To reach the desired 1 cent dream, SHIB would need to increase its price by 73,537.70% from its current level. Reaching the dollar zone will be mo...

Bitcoin ETF excitement is everywhere, but short-timeframe BTC price morale is wearing thin. Bitcoin (BTC) may not see a $40,000 BTC price reclaim despite increasing excitement over a spot exchange-traded fund (ETF). In recent Analysis , crypto market participants have started to reconsider just how bullish the ETF narrative really is for BTC price action. Trader: "Not sure" BTC price will reach $42,000 The dust continues to settle on the U.S. versus Binance regulatory bombshell, which is thought to involve a $4.3 billion fine and the removal of Changpeng Zhao, also known as CZ, as CEO. Bitcoin sank to one-week lows on the news, but a swift rebound took it back to near 18-month highs with the following 24 hours. At the same time, commentators began to suggest that the enforcement action was a timely move to pave the way for the first U.S. Bitcoin spot ETF. Long expected to form a watershed moment for crypto, the approval — while far from guaranteed — is slated to come in ear...

Bitcoin remains on track to deliver "possible" further gains of up to 30% versus current BTC price levels, says CryptoCon. Bitcoin (BTC) is on track to hit $45,000 in November as part of a classic BTC price cycle, popular analyst CryptoCon says. In an X thread on Oct. 25, the Bitcoin price model creator turned his attention to one based on Fibonacci retracement levels. Analyst: $45,000 next month "possible" for Bitcoin Bitcoin reaching 17-month highs this week has many market participants expecting a pullback, but CryptoCon believes that plenty of upside potential remains. Comparing current BTC price behavior to previous cycles, he showed that there is still room for BTC/USD to expand to the highest of the Fibonacci model ’s five targets to hit a mid-cycle top. Four have already been seen, with target four lying around 3.3% above this week’s top at $36,368. In between them are what are called “ phase s” — and November now marks a deadline for the next to complet...

Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin. On the latest episode of Macro Markets , analyst Marcel Pechman examines the current state of the American economy. He references a headline from Barron’s that highlights the disparity between people’s perception of the economy and the objective data. Pechman delves into the concept of excess savings, agreeing with Barron’s that a significant portion of the United States population lacks sufficient savings for retirement, potentially necessitating longer working years. He notes that household wealth in the U.S. has reached new heights, primarily due to surges in equities and real estate assets.  Shifting his focus, Pechman discusses rising concerns among U.S. consumers about increasing prices, particularly the cost of filling up their vehicles with gasoline. He connects this to the recent surge in U.S. crude futures, influenced...

Bitcoin halving cycles still dictate potential BTC price highs and lows, Decentrader co-founder Filbfilb says, as he doubles down on $180,000 in 2025. Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant says. In new analysis published March 3, Filbfilb, co-founder of trading suite Decentrader, doubled down on his bullish BTC price outlook for the years ahead. Filbfilb keeps faith in Bitcoin halving cycles With BTC/USD approaching $30,000, but traders highly suspicious of the 2023 rally, sky-high BTC price predictions have been poorly received. Two current $1 million forecasts, from ARK Invest CEO Cathie Wood and former Coinbase executive Balaji Srinivasan respectively, continue to divide opinion in the aftermath of the 2022 crypto winter. Considering whether either has merit, Filbfilb turned to raw math to determine some likely macro tops and bottoms for Bitcoin after its next block subsidy halving. Due at the end of March next year...