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In the face of evolving technology and innovation, Cathie Wood of Ark Investment Management recently expressed her strong belief in the potential of as a deflation buffer over the coming decade. Ms. Wood’s forecast not only highlights her company’s optimistic stance on cryptocurrencies, but also predicts an extraordinary rise in the value of bitcoin, which could exceed $1 million.
Ms. Wood’s vision for bitcoin goes beyond its monetary value; she predicts that the integration of artificial intelligence (AI) with bitcoin will enable a new frontier of micro-tasks on a global scale. This synergy between AI and cryptocurrencies is expected to create unprecedented opportunities and applications across various industries.
Ark Investment Management, led by Wood, is known for its interest in disruptive technologies and has been a strong advocate of digital assets. The company’s bullish outlook on cryptocurrencies like bitcoin reflects a broader belief in their long-term viability amid rapid technological change.
In the same vein, PLAN, a financial entity regulated by the German BaFin, announced on Monday strategic partnerships with the BERENBERG bank and the American banks Northern Trust and Kraken to strengthen its international presence. PLAN’s “Trident Strategy” integrates expert-crafted trading strategies, AI-driven automated trading, and Schutz Shield for asset protection. This combination aims to support a risk-free profit model while paving the way for PLAN’s goal of listing on the London Stock Exchange by 2026 and establishing a strong crypto financial ecosystem worldwide.
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