Cathie Wood: ARK Invest 'Chose Block Over PayPal' Due To Cash App's Bitcoin Focus
ARK Invest CEO Cathie Wood called PayPal’s Venmo a “follower” of Block’s Cash App payment system, which uses Bitcoin’s Lightning Network.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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