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Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.

Bitcoin's decentralized technology is changing finance, enabling AI transactions, and creating limitless economic possibilities.

The hedge fund founder said that gold and bitcoin are more favorable investments than bonds.

A Wall Street veteran resets his Microsoft forecast.

And will this drive crypto start-ups to alternative jurisdictions?

(Reuters) -BlackRock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday. "We see a case for investors with suitable governance and risk tolerance to include bitcoin in a multi-asset portfolio," a team of four senior BlackRock executives including Samara Cohen, chief investment officer of ETFs and Paul Henderson, senior portfolio strategist of BlackRock Investment Institute, said in the short report.

This week in crypto: Bitcoin hit a huge milestone, closing above $100K for the first time, though volatility and $1.8 billion in total crypto liquidations shook the market. BlackRock’s IBIT made headlines with a massive $398.6 million BTC purchase, while Ripple’s new stablecoin, RLUSD, was finally approved by the NYDFS. El Salvador discovered $3 trillion in unmined gold, and may change its Bitcoin law as part of an IMF deal. Plus, Google’s quantum breakthrough raised new concerns about Bitcoin’s