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iShares Bitcoin Trust Newsroom
Riot Options Volume Jumps as Stock Rallies 10% After Starboard Reportedly Takes Stake
The world's largest asset management firm Blackrock considers that having 2% of Bitcoin in an asset portfolio is "reasonable."
Blackrock stated that Bitcoin cannot be compared to traditional Assets, and the "seven giants" of U.S. stocks can serve as a reference. Generally, each of the seven Stocks accounts for about 1-2% of the overall investment portfolio, and exceeding this range significantly increases the risk proportion. In the long run, Bitcoin may become less risky, and investors might use it to hedge against specific risks, similar to Gold.
Is $100K Bitcoin Too Expensive? Michael Saylor Breaks Down His Strategy
Bitcoin Price Reclaims US$100,000 After AMP Reveals an Investment
Bitcoin, Dogecoin Slide, Ethereum Gains Amid Hotter-Than-Expected Inflation Data: Top Analyst Says Its 'Onwards And Upwards' For Altcoins
Blackrock Compares Bitcoin to 'Magnificent 7' Stocks: The Next Big Allocation Play
Keep 2-3% of Your Net Worth in Bitcoin: Thomas Peterffy Advises
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
The Presidential Crypto Portfolio Expands—Trump's Crypto Holdings Rise, Now Worth $13M
Vancouver City Council Passes Motion to Become 'Bitcoin-Friendly City'
Thursday Ends in Index Declines | Wall Street Today
Canaan Signs Purchase Agreement With AGM Group Holdings; Provides 2000 A15 Hydro Bitcoin Mining Machines In Initial Order
Former Grayscale Boss Joins Asset Tokenization Firm Securitize
'Crypto Hippie' Financial Advisor Calls Stocks 'Dinosaur Bones' — But Likes Some ETFs
Ethereum on Track for $5,000 as Network Activity Surges: Cryptoquant Report
A Texas legislator in the USA has proposed a bill requiring the establishment of a Global Strategy Bitcoin reserve within the state treasury.
① Texas State Representative Giovanni Capriglione submitted a legislative proposal to establish a Bitcoin Global Strategy reserve; ② The proposal allows the state to establish reserves by accepting taxes, fees, and donations in the form of Bitcoin, to Hold for at least five years; ③ Texas is the second strongest state in the USA in terms of economic power and is the most concentrated area for Bitcoin miners in the country, with support from the governor and federal senators for crypto Assets.
SMARDEX Attracts $4.5 Million in Public Seed Round for Revolutionary Synthetic US Dollar
Bitvavo Again Largest EUR-spot Exchange Worldwide
How Bitcoin ETFs Are Changing The Way Institutions Manage Risk According To Experts
PoSciDonDAO Unveils a Decentralized Future for Personalized Medicine Research