Cathie Wood: I disagree with Tom Lee's view. BTC has never been hacked and its scale continues to expand, while ETH is in fierce competition.
Cathie Wood, founder and CEO of Ark Invest, stated in a recent interview on "The Master Investor" podcast that she does not agree with Tom Lee's views. She prefers Bitcoin over Ethereum because the scale of Bitcoin will continue to expand. It is a rule-based global monetary system, a first layer that has never been hacked, and the first platform to create a new asset class. In contrast, Ethereum supports DeFi but faces increasing competition from the second layer. However, Cathie Wood also mentioned that she will focus more on Ethereum and purchase Bitmine stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anti-CZ Whale Loses $61M Profit in 10 Days on Hyperliquid
Quick Take Summary is AI generated, newsroom reviewed. The "Anti-CZ Whale" lost $61 million in profit in 10 days, suffering losses on aggressive long positions in ETH and XRP. The whale's overall realized and unrealized profit dropped from $100 million to $38.4 million. One of the whale's accounts is running 12.22x leverage on a $255 million long exposure, with alarmingly thin 95.40% margin usage. The reversal highlights the high risk and volatility in perpetual futures trading, even for successful contrar
Watch Out: Numerous Economic Developments and Altcoin Events in the New Week – Here is the Day-by-Day, Hour-by-Hour List
‘I Won’t Back Down,’ Michael Saylor Reinforces Strategy’s Bitcoin Mission
Ethereum Price Stalls as Derivatives Traders Load up for the Week Ahead
Trending news
MoreCrypto prices
More
