Why Cathie Wood's ARK Invest Modified Its $1.5M Target | CoinDesk Spotlight

ARK Invest founder, CEO and CIO Cathie Wood joins "CoinDesk Spotlight" to explain how the rapid adoption of stablecoins is causing a shift in her famous $1.5 million bitcoin forecast. Plus, the personal journey that sparked her passion for economics, her unique investment philosophy, and the advice she would give to her younger self. - This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to build the future of the Midnight network. Holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT are eligible to participate in the first phase. Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit https://www.midnight.gd/ and prepare for the Midnight Glacier Drop. - Timestamps: 00:00 Introduction and Cathie's Journey to the Markets 1:21 Meeting Art Laffer and Falling In Love with Economics 08:12 Insights on the Federal Rates Economic Outlook: Housing, Inflation, Affordability Crisis 14:05 How the New Regulatory Regime is Fueling innovations in Agentic AI and Blockchain 18:42 Will Ethereum be the Foundational Layer for Agentic AI? 20:02 Why ARK Invested in Tom Lee's Bitmine 22:43 The Case For $1M+ BTC 25:38 Cathie's Top 3 Cryptos 28:20 Top 3 Crypto Stocks 29:40 Why MSTR Doesn't Make the Top 3 31:03 Is Quantum Computing a Threat to Bitcoin? 32:15 A Menace to Innovation 37:24 Why ARK and Cathie Are Transparent on Social Media 43:20 Will AI Ever Outperform ARK? 46:54 What Would Cathie Tell Her Younger Self? - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE