cryptojournalist
Startup M&A Surge Under Trump
Cathie Wood, CEO of ARK Invest, expects a wave of startup mergers and acquisitions (M&As) under Donald Trump’s presidency. She believes changes at the Federal Trade Commission (FTC) will ease regulations, making it easier for private companies to be bought. This deregulation could create opportunities for startups to attract buyers and grow.
Bitcoin’s Scarcity and Future Value
Wood reaffirmed her bold prediction that Bitcoin could surpass $1 million by 2030. She highlighted its fixed supply as a key factor, explaining that unlike gold, Bitcoin’s scarcity cannot change even when demand rises.* Institutional interest, like Bitcoin-focused exchange-traded funds (ETFs), further boosts her confidence in its long-term value.
Crypto Industry Gains Momentum
Wood welcomed Trump’s nomination of pro-crypto advocate Paul Atkins to replace SEC Chair Gary Gensler. She sees this as a win for the crypto market, which she describes as still in its early stages. Comparing Bitcoin’s $2-trillion market to gold’s $15-trillion market, she pointed to Bitcoin’s potential for massive growth.
