Wait, what?! That’s right, Bitcoin’s done it again! The first cryptocurrency has gone up a 1000$ once again breaking the 7000$ barrier! Reports have even gone far to claim that the price surge has been a huge short squeeze as short sellers have lost a whooping 180 million $ with this event. 483 more words
Tags » Blackrock
Bitcoin led a cryptocurrency market rally of 10% increase in less than 1 hour. In this episode, we look at the long-term reasons as to why there is positive sentiment – Institutional interest (Goldman Sachs, Blackrock, Cohen Fund, Bitcoin ETF) and also liquidated shorts that could have caused the rapid change. 39 more words
Bitcoin prices has soared as BlackRock CEO Larry Fink revealed that they were “studying it and we are looking at how they perform”.
Larry Fink, the chairman and CEO at BlackRock told Bloomberg: “We are looking at it and as I have said in the past, we are very excited about blockchain techn… – https://newslanes.com/bitcoin-price-climbs-cryptocurrency-rockets-as-blackrock-ceo-reveals-interest-in-market/
Bitcoin’s largest price surge in two weeks was caused by the announcement that BlackRock, the world’s biggest asset management company, is looking to invest in the cryptocurrency. 28 more words