Speaking at the Council on Foreign Relations, BlackRock (BLK) CEO Larry Fink says it's possible cryptocurrencies in general, and Bitcoin (BTC-USD) specifically can "evolve" into a global market asset.While crypto has caught the attention of many and gets plenty of headlines, says Fink, it remains a relatively small asset class. To put numbers on it, Bitcoin has a market cap of $344B versus, for instance, all the gold in the world valued at somewhere around $10T.While it's one thing for Paul Tudor Jones and Stan Druckenmiller - iconoclastic hedge-funders more or less running their own money at this point - to embrace Bitcoin, it's a whole different story for the head of the world's largest asset manager to do so. Fink's "endorsement" comes a few days after Rick Rieder, the CIO of BlackRock's fixed-income business did the same.Bitcoin is flattish today at just a hair over $19K.Previously: Bitcoin survives Thanksgiving
The chief technology officer at Ripple, David Schwartz, extended his congratulations to the ethereum community in a tweet on December 2 on the launch of the long-awaited Ethereum 2.0 Beacon Chain. The December 1 launch concludes “phase 0” of ethereum’s transition to a proof-of-stake (PoS) consensus mechanism. Schwartz compared the launch of ETH 2.0 to […]
Grayscale, a crypto investment fund, is splitting its stock. This makes it more accessible to the masses.
Over the past week, the bullish sentiment of the collective crypto market has slowed down. Bears had made their presence felt and Polkadot continued to be aware of this impact. After briefly registering a local top at $6.45 on 24th November, DOT has managed to cross the $6 mark again. Its recent rally pushed the […]The post Polkadot long-term Price Analysis: 02 December appeared first on AMBCrypto.
Microsoft Threat Intelligence Team Says Cyber Thieves Using Crypto Asset Monero As Decoy While Attacking Nation States
The Microsoft Threat Intelligence Center (MSTIC) says that a nation-state hacker group is using crypto mining malware and other advanced tools to cover up nefarious attacks. The group known as BISMUTH initially used open-source and custom tools to target multinational corporations, human rights organizations, and financial institutions among others, says Microsoft in a new report. […]The post Microsoft Threat Intelligence Team Says Cyber Thieves Using Crypto Asset Monero As Decoy While Attacking Nation States appeared first on The Daily Hodl.
MicroStrategy has done quite a lot with bitcoin this year. It’s earned a solid reputation from its customers as a result, and now, shares in the firm have almost doubled in the past few months. MicroStrategy Has Reached the Top MicroStrategy has been the subject of many a headline in the past several weeks given...The post BTC-Fan MicroStrategy Sees Its Stock Double appeared first on Live Bitcoin News.
PRESS RELEASE. ClinTex is all set to fulfill its promise of reducing cost and time wastage in the medical trials industry, with its CTi token available for public trading on KuCoin on Wednesday. Using the combination of blockchain, artificial intelligence and smart contracts, ClinTex is an innovative medical trial platform that will usher in an […]The post After Lightning-Paced Tier-1 Sellout, ClinTex’s CTi Token Is Now Trading on KuCoin appeared first on Bitcoin News.
It has been a volatile past few days for Bitcoin and the entire crypto market, with the benchmark cryptocurrency’s bulls ardently trying to remain in control of it It has seen multiple sustained dips below $19,000, but each one is bought into aggressively and quickly reversed There is one crucial level being watched by a prominent analyst that could hold some heavy influence over the crypto’s price action He notes that a close below this […]
The benefits of utility tokens could soon stretch beyond payment facilitation and governance capabilities.
There are now more active bitcoin users than ever before, as CEOs of both PayPal and BlackRock think about the future of finance.