Crypto

Cathie Wood says bitcoin is a proven asset and big crashes are over

Cathie Wood (캐시 우드), CEO of Ark Invest, said bitcoin will no longer repeat market cycles in which it falls more than 85 percent from a record high, Cointelegraph reported. In a CNBC interview, she called bitcoin a “proven asset” and said the market would view a 50 percent drop as a major win. Some analysts disputed her view, including a forecast for a $34,000 low in 2026.

AI & Enterprise

OpenAI sells $3 billion in shares to retail investors, seeks ETF inclusion

OpenAI sold about $3 billion worth of shares to retail investors through a recent private placement aimed at clients of three large banks, Axios reported. The company also said its shares would soon be included in several exchange-traded funds run by ARK Invest, led by Cathie Wood. CFO Sarah Friar said OpenAI is considering access to economic benefits created by AI as well as access to technology.