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How Far Can BlackRock’s 84% Bitcoin Bet Push the Price of BTC?


by CoinEdition
Analysts_at_Blackrock_state_that_an_optimal_risk_portfolio_includes
  • Blockrock’s proposed Bitcoin exposure is crucial to the future growth of cryptocurrency.
  • According to BlackRock’s analysts, an optimal risk portfolio includes 84% of Bitcoin.
  • Joe Burnett believes BlackRock’s analysis could become a game changer for Bitcoin.

Michael van de Poppe, a renowned Bitcoin trader, believes that Blockrock’s proposed Bitcoin exposure is crucial to the future growth of cryptocurrency. The trader referenced a report where analysts from BlackRock, an American multinational investment company based in New York, stated that an optimal risk portfolio includes 84% of Bitcoin.

In a recent tweet, Van de Poppe questioned the opinion of those who think the flagship cryptocurrency’s price will drop to $12,000. He asserted if that becomes the case, he will buy more Bitcoins.

Similarly, Joe Burnett of Blockware, a Bitcoin solutions company, believes BlackRock’s analysis could become a game changer for Bitcoin. According t…

The post How Far Can BlackRock’s 84% Bitcoin Bet Push the Price of BTC? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Ethereum (ETH) Rallies 4% as Bitcoin (BTC) Struggles at $111K

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How Far Can BlackRock’s 84% Bitcoin Bet Push the Price of BTC?


by CoinEdition
Analysts_at_Blackrock_state_that_an_optimal_risk_portfolio_includes
  • Blockrock’s proposed Bitcoin exposure is crucial to the future growth of cryptocurrency.
  • According to BlackRock’s analysts, an optimal risk portfolio includes 84% of Bitcoin.
  • Joe Burnett believes BlackRock’s analysis could become a game changer for Bitcoin.

Michael van de Poppe, a renowned Bitcoin trader, believes that Blockrock’s proposed Bitcoin exposure is crucial to the future growth of cryptocurrency. The trader referenced a report where analysts from BlackRock, an American multinational investment company based in New York, stated that an optimal risk portfolio includes 84% of Bitcoin.

In a recent tweet, Van de Poppe questioned the opinion of those who think the flagship cryptocurrency’s price will drop to $12,000. He asserted if that becomes the case, he will buy more Bitcoins.

Similarly, Joe Burnett of Blockware, a Bitcoin solutions company, believes BlackRock’s analysis could become a game changer for Bitcoin. According t…

The post How Far Can BlackRock’s 84% Bitcoin Bet Push the Price of BTC? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Hong Kong Officials Withdraw From Bitcoin Conference Headlined by Eric Trump

Hong Kong Officials Withdraw From Bitcoin Conference Headlined by Eric Trump

Hong Kong’s largest crypto conference hit a political landmine after a senior regulat...
Ethereum (ETH) Rallies 4% as Bitcoin (BTC) Struggles at $111K

Ethereum (ETH) Rallies 4% as Bitcoin (BTC) Struggles at $111K

The cryptocurrency market is showing a tale of two narratives, with Bitcoin strugglin...