AI could prove to be a boon for investors looking for gains in today’s “unusual” market. Global investment titan BlackRock, which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market. In its mid-year outlook report, the BlackRock Investment Institute detailed…
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Over the past 30 days, the popularity of the term “bitcoin” has surged significantly, as indicated by Google Trends metrics. On June 21, 2023, the search term bitcoin achieved a perfect score of 100. Notably, the curiosity surrounding bitcoin-related news has also experienced a notable uptick this past month. In particular, topics such as Blackrock’s…
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Michael Shaulov believes that while recent Bitcoin ETF filings could see new institutional money flow to Bitcoin, that in itself didn’t drive previous price surges. While an approved BlackRock spot Bitcoin (BTC) exchange-traded fund (ETF) will funnel new institutional money to Bitcoin, it’s going to be the retail investors that ultimately drive any significant price surges,…
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Blackrock’s spot ETF filing and the Securities and Exchange Commission’s crackdown on crypto are driving investors toward Bitcoin. Bitcoin (BTC) dominance, the measure of how much Bitcoin makes up of the total crypto market cap, has breached the 50% mark. On June 19 at 6 pm UTC, Bitcoin dominance hit just above 50% and has…
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The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to a Thursday blog…
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