BlackRock’s Larry Fink says bitcoin could reach $700,000 if this happens
Fink was once skeptical of digital assets, but is now a “big believer” in bitcoin as an instrument.
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SEC unveils crypto task force led by Hester Peirce
“This undertaking will take time, patience, and much hard work,” Peirce said, adding the agency plans to encourage a regulatory environment that “protects investors, facilitates capital formation, fosters market integrity, and supports innovation.”
Bitcoin Sales by Long-Term Holders May Have Bottomed Out: Van Straten
Over 1 million bitcoin has been sold since September by long-term holders.
Tap Into Crypto Exposure with These 2 Stocks
Crypto has gripped many investors, with many seeking exposure. And these two stocks provide just that.
Crypto Lender Nexo Introduces $5,000 Minimum Limit to Focus on Wealthy Clients
The firm said the move strengthens its commitment to long-term HODLers and wealth builders through white-glove customer care and tailored products.
Saudi Prince’s Investment Firm Shuns Crypto Investments, Citing Lack of Utility: Reuters
Speculation on social media had suggested that the Saudi royal family was considering investing in cryptocurrencies.
Regulation and Compliance Are Key to Building Crypto Derivatives
Institutions are fueling demand for regulated derivatives offerings and it’s up to the crypto industry to deliver the trust factors that these companies require, avoiding the mistakes of the last cycle, says Bobby Zagotta, CEO of Bitstamp US.