• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cathie Wood Proposes Trump's Administration to Implement Tax Reforms Retroactively

user avatar

by Giorgi Kostiuk

a year ago

U.S. tech investor Cathie Wood is urging Donald Trump's administration to enhance economic growth by backdating tax cuts to January 1, 2025.

Impact on ARK Innovation Fund

Wood’s flagship ARK Innovation fund surged 17% following Trump’s election victory, fueled by expectations of beneficial policies for its holdings. Tesla and Coinbase, key stocks in the fund, have shown significant growth since November 6.

Support for Trump's Economic Platform

Cathie Wood publicly supports Trump's economic platform, emphasizing its focus on innovation and deregulation. She believes that retroactive tax cuts would provide market certainty.

Tariff Policy Plans and Innovation

While Wood generally opposes tariffs, she views Trump's tariff threats as a negotiation tactic. She also identifies AI and autonomous technologies as key opportunities for investment.

Cathie Wood remains optimistic about economic growth and investment opportunities under a pro-innovation policy framework.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Analyst Warns of Potential Death Cross for Bitcoin

chest

Analyst Ali Martinez raises concerns about a potential death cross on Bitcoin's 3-day price chart, which could signal a bearish trend.

user avatarEmily Carter

Market Reactions to Quantum Threats in Cryptocurrency

chest

Market reactions are mixed regarding the potential threat of quantum computing to cryptocurrencies, with some experts downplaying the risk while others call for immediate action.

user avatarFilippo Romano

Technical Indicators Show Bullish Momentum for Ethereum

chest

Technical indicators for Ethereum suggest a potential bullish trend as the MACD for ETHUSD is gaining momentum in the bullish zone, and the RSI is now above 50.

user avatarTomas Novak

Bitcoin Falls Below Critical Support Threshold.

chest

Bitcoin has broken below the 65,000 support zone, shifting short-term momentum back in favor of the bears.

user avatarKaterina Papadopoulou

Traders Anticipate ETH Price Drop Following Buterin's Transactions

chest

Traders are reacting to Vitalik Buterin's recent moves, with predictions of ETH potentially falling to 1,500 before recovering.

user avatarMaya Lundqvist

Ethereum's Regulatory Status Gains Clarity

chest

Paul Atkins, the Chairman of the SEC, has informally classified Ethereum as a nonsecurity digital commodity, signaling a potential shift in regulatory outlook.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.