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Blackrock’s CIO: Bitcoin and Crypto Are Durable Assets — Prices Will Move Higher

The chief investment officer of global fixed income at Blackrock, the world’s largest asset manager, says bitcoin and crypto are durable assets. “I think there’s a healthy recalibration going on,”…

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Elon Musk: We’re Approaching a Recession but It’s ‘Actually a Good Thing’

Tesla CEO Elon Musk believes the U.S. economy is approaching a recession but he explained why it is “actually a good thing.” Musk has estimated that the upcoming recession will…

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JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services

JPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to make sure that we are able to not only…

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China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities

An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate…

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Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse

The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In…

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Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills

According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the…

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Fidelity Allows BTC in 401k, BlackRock’s Blockchain ETF, Musk’s Twitter Saga: This Week’s Crypto Recap

The past seven days haven’t been particularly favorable for the cryptocurrency in terms of price action. Bitcoin dropped below $40K and is currently unable to reclaim the important psychological level,…

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Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector

The world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the…

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