Crypto
BlackRock Has Been Quietly Trading Bitcoin Futures Since January
From techno nerds to Wall Street’s largest financiers, Bitcoin has come a long way in maturing as a digital gold.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BlackRock CEO Larry Fink, a past critic of BTC, now says cryptocurrencies could have the potential to be a long-term investing asset similar to gold.
From techno nerds to Wall Street’s largest financiers, Bitcoin has come a long way in maturing as a digital gold.
Last October, one trader made a call that BTC would reach $36k in January. The bet returned over $57 million.
Leveraging can become an addicting game, but with so many unknowns in the crypto space, proceed with caution.
Futures and options data for Bitcoin indicate bullish sentiment. Insiders also predict more growth going forward.