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Here’s Why Bitcoin is a Better Scarce Asset Than Gold: Ark Invest's Cathie Wood

Cathie Wood, CEO of Ark Invest, argues that Bitcoin is a superior scarce asset compared to gold due to its fixed supply of 21 million coins and its ability to be easily transferred and stored digitally. She highlights Bitcoin's resilience and growing adoption as a store of value, particularly in times of economic uncertainty. Wood also points out that Bitcoin's decentralized nature makes it less susceptible to inflation and government intervention. In contrast, gold is seen as more cumbersome to trade and store, which diminishes its appeal in the digital age. Overall, Wood believes Bitcoin's unique characteristics position it as a more effective hedge against inflation than gold.

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Manhattan DA Pushes Criminal Penalties for Unlicensed Crypto Operators

The Manhattan District Attorney's office is advocating for criminal penalties against unlicensed cryptocurrency operators in New York. This initiative aims to enhance regulatory oversight and protect consumers from potential fraud and financial risks associated with unregulated crypto activities. The DA's office is working on legislation that

Morning Minute: Tom Lee Backs Mr. Beast with $200M

Tom Lee, co-founder of Fundstrat Global Advisors, has expressed his support for YouTuber Mr. Beast by investing $200 million in his new venture, which aims to create a decentralized social media platform. Lee believes that the platform has the potential to revolutionize the way content creators monetize their work. The

BitMine’s $200 million MrBeast investment seen as strategic diversification: B. Riley

BitMine's recent $200 million investment in MrBeast is viewed as a strategic move for diversification, according to B. Riley. The investment aims to expand BitMine's portfolio beyond traditional cryptocurrency mining into the influencer and content creation space. Analysts believe this partnership could enhance BitMine's

CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Gains 3.1%, Leading Index Higher

Bitcoin Cash (BCH) has seen a 3.1% increase, contributing to a rise in the CoinDesk 20 index. This uptick in BCH's value reflects broader positive trends in the cryptocurrency market. Other cryptocurrencies within the index also experienced gains, indicating a general bullish sentiment among investors. The performance

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Manhattan DA Pushes Criminal Penalties for Unlicensed Crypto Operators

Morning Minute: Tom Lee Backs Mr. Beast with $200M

BitMine’s $200 million MrBeast investment seen as strategic diversification: B. Riley

CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Gains 3.1%, Leading Index Higher