Cryptopolitan on MSN1d
BlackRock is back – buys Bitcoin worth $600MBlackRock, the world’s largest asset management firm, reportedly purchased $600 million worth of Bitcoin on January 22. This marks its largest acquisition of the crypto this year. The recent BTC acquisition was spotted by blockchain analytics platform Arkham Intelligence.
bitcoin, BlackRock and Fink
· 1d · on MSN
BlackRock’s Larry Fink says bitcoin could reach $700,000 if this happens
BlackRock’s Boss Larry Fink Sees Bitcoin Reaching $700K in This Scenario
Larry Fink, the head of the world’s largest asset management firm, said today during an interview at Davos that there is one scenario in which Bitcoin could surge to as much as $700,000.
BlackRock's Larry Fink calls high inflation world's 'biggest risk'
“The biggest risk we have worldwide today is the world believes we are past the high point of inflation,” Fink told Bloomberg Wednesday on the sidelines of the World Economic Forum in Davos, Switzerland, noting that his view conflicts with what market forces are saying. “I could truly see a scenario where we are going to have elevated inflation.”
5don MSN
Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.
Bitcoin lost its bullish momentum because the new United States president, Donald Trump, did not mention crypto in his inauguration speech.
Fink was sharing the stage with Peng Xiao, the CEO of AI company G42, who interjected with “to some extent” on Fink’s contention that fear drives bitcoin. But Fink just doubled down on the idea that it was “okay” for bitcoin’s fortunes to rely on fear.
Bitcoin options on CME show highest bullish sentiment since Trump's election, with skew surging 4.4% amid strong ETF inflows.
BlackRock ETF investment chief Samara Cohen thinks President-elect Donald Trump will push crypto-friendly policies.
There will "absolutely" be better clarity on cryptocurrency regulation this year, BlackRock’s (NYSE:BLK) ETF chief said in an interview with CNBC, as "innovation is the story going forward."
Cryptocurrency fans may have gotten more than they bargained for when the president and his wife launched a pair of tokens last week.
As cryptocurrencies have entered the financial mainstream, they have become increasingly sensitive to policy changes from the Federal Reserve. What impact are policy decisions from the Fed likely to have on the crypto markets this year?
However, support has also shifted above $100K, meaning market participants are now getting used to a six-figure price. Additionally, the market continues to bounce around mentions of Bitcoin and cryptocurrency reserves by Washington officials, which adds volatility but doesn’t help with direction.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback