Cathie Wood says Coinbase is 'executing brilliantly'

Coinbase (COIN) released its fourth quarter report beating expectations with a revenue of $953.8 million. Bitcoin (BTC-USD) regained its $1 trillion market cap on Wednesday for the first time since 2021. With the rise of bitcoin investing with spot bitcoin ETF approval, many on Wall Street are expressing more interest in the digital asset.
Ark Invest CEO and CIO Cathie Wood, a vocal advocate of bitcoin, joins Yahoo Finance to give her insight into the crypto markets, Coinbase's performance, Ark Invest's bitcoin ETF, ARK 21 shares bitcoin (ARKB), and more. Wood adds the trading platform is "executing brilliantly."
On Coinbase, Wood claims that it's the "most compliant exchange out there" from a regulatory perspective. She also notes that it's competition is fading, especially given the collapse of FTX and the issues Binance has been facing.
Wood gives her view on the future of bitcoin: "We do five-year plus forecasts, so we're focused on how institutions and countries and companies might use this new asset class for different reasons. So, we think we have just begun from a price appreciation point of view. This is part of a journey. I do believe the SEC giving the green light has encouraged institutions to think carefully about it and have a point of view, so we're in the learning phase right now, and I think over time that this movement into this new asset class will continue to push up the price."
When it comes to Tesla (), Wood says she would support CEO Elon Musk's bid to incorporate the company in Texas, saying a Delaware judge took "the vote away from us, the shareholder" who voted in for Musk's sizable pay package.
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[@KieferRomer]

There is always a thing or two to say about all these, it's either one is doing better than the other or it's relatively affecting the whole market. I wish I know more about these crypto and stocks to enable me invest properly.

[@BlaiseOnowhosa]

It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit.

[@KieferRomer]

That’s pretty tight, thing is I hold good companies but profit has been stalling, I should be fixing to retire in 3years so I need all the assistance I can get, who is the coach that guides you?

[@BlaiseOnowhosa]

She's Lisa Ann Moberly, the best out there.

[@KieferRomer]

I curiously just checked the coach you use Lisa Ann Moberly, her résumé is topnotch, exactly what I need to stay afloat this crazy times.

[@jacobwalter6728]

It’s advised we invest in ETF’s and mutual funds until you hit about $50K to 100k, then if you feel like you’ve got a grasp on how to invest in individual securities after that, then branch off and diversify your portfolio further.

[@user-pi6mk8lb2m]

hey friend , I have little knowledge, can your mentor be of assistance?

[@chloepeters6584]

Yeah, she is Judith Reneta Ludovico, look her up.

[@chloepeters6584]

Yeah, Judith Reneta Ludovico, shes the woman I work with, look her up.

[@user-pi6mk8lb2m]

Found her on google, messaged her and waiting for her reply. Thank you.

[@shellywhite2145]

Investors have just turned back the clock on the FED tightening campaign and cast aside the Fed fears that ruled them for 15 months. It just gets very daunting to me when I’m sitting there looking at charts and trying to determine if i’m right or wrong! I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any suggestions.

[@laurawheeler-zh8gv]

First of all, You could lose it all and you could win it all. It goes both ways. Secondly, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good onumber of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.

[@laurawheeler-zh8gv]

It’s unfortunate most people don’t have such information, I don’t really blame people who panic cos lack of information can be a big hurdle. I’ve been making more than $25k passively by just investing through an advisor, and I don’t have to do much work. It doesn’t matter if the economy is crashing, great CFA will always make good returns

[@shellywhite2145]

this is inspiring! could you be kind enough with details of your advisor please? highly suspect i'm much too small game lately to handle investing myself, figured out its best to consult a license professional at this point.

[@laurawheeler-zh8gv]

ashley airagahi is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@JennaHong001]

Exciting times in the crypto world! The latest analysis reveals a bullish trend for Bitcoin in the coming week, especially intriguing following its recent weekly closing patterns. The approval of a Bitcoin ETF adds to the buzz, presenting a prime opportunity for investors to strategize and potentially capitalize on these market movements. Definitely a moment for crypto enthusiasts and investors to watch closely and make informed decisions in this ever-evolving market...managed to grow a nest egg of around 100k to a decent 532k in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@JennaHong001]

She's often interacts on Telegrams, using the user-name.

[@JennaHong001]

Lindawilburn

[@s7s0nXx]

I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

[@ive6830]

Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.

[@krytenss]

Linda Wilburn strategy has normalized winning trades for me and it’s a huge milestone for me looking back to how it all started.

[@clavo3352]

The insane fees Coinbase charges is part of the huge profits. Just paid them $39 to buy $2k worth of Eth !!!

[@RajJhaveri]

Coinbase One is $30/mo. and no fees up to buys of $10k if you are not a one-time buyer

[@acmkamos]

so why did she sell it before the call

[@RajJhaveri]

lol exactly

[@JohnInvest17]

SHe is not a trader. She is a portfolio manager. A position cannot go beyond 5% size.

[@JohnInvest17]

I get your point, in trading we should be adding to our winners and cut our losers early. Unfortateunly, Cathie has regulations and rules she must follow.

[@bbyevo8u]

Arkk sold 20% of there coin holding imo to purchase more BTC for the ETF. They still hold over 5 million shares of coin, which they said the will be buying back. Imo coin stock is a better risk for reward then BTC at this moment. ICP alt coin will shock many investors in the next year..

[@joofbing]

I agree. That’s why I was buying around $100 (not the IPO $400) and wasn’t selling right before the earnings today.

[@brianwhitehawker1756]

Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.

[@Jadechurch-ql3do]

Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.

[@lucaswilliams9992]

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.

[@yeslahykcim]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you

[@lucaswilliams9992]

Evelyn Alicia Schoenholtz' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@geraldt331]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@Nyhiak]

If anyone performed like her fund they’d be canned.

[@thanks4that261]

I'm sure you're so smart and you've made millions in the market, well done sir! They should have you on the show. If not, then Stfu

[@7hx89]

Smart lady. Profound and forward looking. She just needs to be in the manufacturing industry and nurture a few other champions.

[@mikev4373]

She’s so smart she’s destroyed more wealth for her investors over the last 10 years than any other fund manager. 😂😂😂😂

[@gsyn7570]

Cathie is right. I 100 agree with Cathir and 100% support Elon. The judge is just stupid, it's illegal to take shareholders' rights away.

[@tridentfinder3650]

I think every country and gov invest in Coinbase and let them " deal the cards ". Also I hope that Coinbase can handle the volume of orders during the halving....

[@davidjackson2179]

Her win here is tampered heavily by her huge and confusing position in Roku.

[@Nov8r13]

ROKU makes tv's, the tv's they make have to add ROKU app. Also, ROKU is enabling people to purchase products they see on tv with a click of a. button

[@josephhwa2837]

I remember Cathy from 2-3 years ago. Much better speaker, less stuttering:)

[@bf1lv]

Wood's main ETF ARKK is up 10% over the last 5 years. Meanwhile, the S&P 500 is up 85% and the NASDAQ 100 is up 157%. She's a joke.

[@mikev4373]

It’s much worse than that for her investors. ARK ETF Trust, which runs the popular ARK Innovation ETF (ARKK), has wiped out $14.3 billion in investors' wealth over the past 10 years, says a new analysis from Morningstar. That ranks it as the No. 1 wealth destroying fund family in that time. ARK has vaporized twice the value of No. 2, KraneShares, Morningstar says.

[@shares7832]

“Risk on and risk off. That’s quite something.” ☺️😌

[@stephencole8013]

Coinbase needs to allow people to be able to buy xrp in Newyork

[@mansoso3903]

And she sold. Literally repeating the same mistake selling the 2022 bottom on Nvda. Her fund will be bankrupt in the next 2 years!

[@PhilipHowell-sd3jo]

Interview 15th Feb price around $170. Cathie Wood CEO of Ark Invest sells 580,000 shares of the stock on March 8th with a price of $256

[@richbarraclough9773]

cheers for the update kdub

[@CadillacSlick]

My ROTH is in CONY -- covered call ETF that follows COIN.....

[@NnkechiNk-hn8wf]

Reef chain is built with upgradability and long-term sustainable on-chain governance in mind.

[@sunnyrobinson2128]

She sold

[@cooltop]

So beautiful ❤

[@Tiffania5505]

Chris I rolled NVDA TSLA AND LLY AND I BOUGHT XOM IN JANUARY LIKE YOU SAID! Waiting FOR MARCH MADNESS ☘️or luck of the IRISH TY

[@tapasbhattacharjee3426]

ARKB is one of the worst performing bitcoin ETF among the group of ETFs approved by SEC

[@miriamsaucedo7439]

The future looks bright for Blocksailor. Can't wait to see where it leads us

[@muhammadjamalkhan4103]

Nice info

[@mofofishingshow772]

I didn't get a Chance to Write yesterday, but I haven't got a miner in awhile and wanted to Put/Add Max Miner in hid on a cold storage wallet (I don't use), on device (I don't use) for worst case scenario's and not having all my eggs in single Basket, but I was 1 of those 40 😂

[@tonyzuchowskijr2868]

Cathy wood is the smartest cutest and adorable executive. Run for President

[@radiantcarpets]

All her etfs are still deeply underwater why should anyone listen to her anymore?

[@DSP_2.0]

When Cathie Wood is promoting it, get out know or don't get into it at all.

[@tonysilke]

As we edge closer to the momentous Bitcoin halving event in 2024, we find ourselves at a defining juncture in the realm of cryptocurrency. This landmark event is poised to significantly influence Bitcoin's market value and have widespread implications across various digital currencies. During this pivotal time, the role of astute trading skills and the diversification of investment portfolios becomes increasingly vital.

[@thatsme2557]

She is amazingly brilliant

[@MoneyEducationWithReality]

share price has dropped

[@hoojooo1536]

Thanks o the alpha General!👍🏼

[@jesus-rr3vo]

You claim there is no possibility, but why? Are you familiar with the Blocksailor? This will reach unprecedented heights.

[@69pepe420]

tell them to list PEPE already 🐸🐸

[@manujohn99]

Whenever you see Cathie Wood's mouth moving then just LEAVE that place

[@jasonw222]

didnt she buy high, sell low, buy high again, and sell before the earnings again bahhah. She is the new Cramer

[@borna13p]

Why are you considering opinion of person who is proved to be a bad investor?

[@engonus]

XRP

[@anthony7788]

what did elon invent? he bought tesla

[@watchr0b]

Oh crap. If she likes it, it must be garbage.

[@CryptoSam65]

She is looking bullish, but we can have some short opportunity in my opinion.

[@GruncleJohn]

Cathie is brilliant!

[@RajJhaveri]

She sold before the earnings call, this was a surprise to her too and now she's saving face

[@us00099]

btc 123 k possible or not no i belive one day 123 k

[@SilvestreEstaReLong100x]

ok

[@kenhart8771]

argh ..argh...Cathie Wood

[@vinay7397]

Cathy 🤡 Wood

[@mihaigeorgeanghel6066]

Worst place for your money in the last 5 years was ARK. So why anyone listen to this lady?

[@roosefeitosa2536]

Why do people follow Cathie Woods isn’t she wrong almost all the time?

[@user-yd2mp3tj1z]

Bitcoin doing all the work

[@tonyzuchowskijr2868]

Kathy Woods is the sexiest woman executive in fiancé

[@mugabie4eva]

Cathie is not entirely honest and a little confused about the meaning of inventor and renaissance. This is a woman who predicted Tesla shares would be around $7000, with $15,000 in sight in 2024. She is not only wrong, but she is so wrong I don't know if there is a word for it. Elon is not an inventor, he is an investor- brings scientists and engineers together, which needed money noot brains, to make useless toys- I don't see how reusable rockets can help humanity and electric vehicles are no better for the environment than Petro-cars, if you disagree, going and do your research and not just take Elon's words as the truth (elon is a businessman, an investor). Elon is certainly not a renaissance man (i wonder if cathie knows the meaning of renaissance). If Cathie has a narrow mind and little knowledge then, Elon may appear to her as a renaissance man. I think the pinnacle of true invention in the last 10 years belongs to discovery of CRISPR or the artificial pancreas or advancement in key hole surgery. These are worthy of renaissance, meaningful discoveries that truely change lives. As for elons ~$50 billion pay packet- shareholders did not vote for a $50 billion pay out. The Tesla board, who are close friends with Elon, agreed to what Elon wanted, the board didn't do their due diligence on where Tesla was, where hype from the likes of Cathie would take Tesla in the short term ($7000 ashere price prediction) and what happens when the share price tumbles, etc. The board did not give it rigorous consideration, because they are friends of musk they do drugs with musk. Do not be surprised if Tesla introduces hybrids and a petro-car......musk is just after the money.

[@Yo_Kelz]

Laser eyes

[@amirx1933]

DSLA PROTOCOL

[@zomgoose]

time to sell-off Coinbase

[@CryptoWizard-wm6ld]

😎😁🐂🐂

[@cryptonews5885]

Thanks for the update.

[@ethronixNativeCX]

ICP Internet Computer and ckETH/ckBTC is so much more and exactly what so many people have been waiting for for many years, long before the Internet itself, and ICP fills exactly this gap as the introduction to digital currencies did back then ❤️‍🔥

[@WalayatFamily]

The crazy kook sold most of her coinbase shares at $70 and $110!

[@tomp996]

Cathy woods is the female Inverse Cramer... She's almost always wrong and still hitches her wagon to musk.... HAHAHAHAHA

[@R-FighterR-po8hj]

Chiliz (cHz) partnership with UFC? EK is coming, it’s crazy how it goes to 2 dollar