First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens ...
There's a lot of long-term bulls in the bitcoin market. But in the short-term? Pretty much everyone has suddenly turned bearish.
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Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures. BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform. With $8.6 trillion in assets under management (AUM), BlackRock is one […]
As prices consolidate below $20K, traders cue off macroeconomic factors - like Biden remark that $908B stimulus would be "down payment."
Major media outlets have declared Joe Biden the winner of the 2020 election, leading analysts to speculate how a Biden presidency may impact Bitcoin price in 2021. On Nov. 7 several major media outlets announced that after 4 days of rigorous vote-counting in key battleground states Joe Biden had managed to secure enough electoral votes to become the 46th President of the United States. As the excitement over an incredibly close election starts to abate, analysts will take a closer look at how a Biden presidency may impact traditional markets and Bitcoin price. Three key factors to consider....
Crypto markets could turn on a shift in economic policies as U.S. President-Elect Joe Biden's transition team starts to meet.
The $8.7 trillion-asset BlackRock is "dabbling" in cryptocurrencies – becoming the norm as bitcoin and ether rally to all-time high prices.