$82,950.00
-1.79%$1,836.02
-3.69%$2.15
-2.63%$606.10
-2.56%$125.21
-3.59%$0.999894
-0.00%$0.170472
-6.11%$0.676058
-4.69%$0.229978
-1.16%$1,833.32
-3.77%$82,819.00
-1.93%$3.68
-3.35%$9.60
-1.17%$13.61
-4.76%$0.267984
-2.84%$19.70
-3.46%$2,188.06
-4.21%$0.999963
-0.04%$0.00001276
-4.42%$2.31
-8.09%$0.17344
-4.97%$85.83
-2.13%$4.09
-4.21%$6.31
0.42%$303.42
-1.34%$4.65
-4.35%$0.799677
-3.82%$1,835.88
-3.70%$0.999719
0.05%$0.996271
-0.29%$12.89
-4.27%$1,950.95
-3.74%$28.30
-1.36%$216.87
0.09%$6.01
-3.34%$5.24
-6.13%$2.59
-5.12%$0.00000724
-7.69%$1.045
0.06%$48.25
-1.93%$0.105627
3.97%$35.55
-1.26%$22.35
-2.49%$0.802447
-3.94%$82,935.00
-1.81%$5.39
-3.92%$0.998527
-0.11%$168.89
-4.15%$0.800746
-5.10%$16.68
-3.02%$1.16
0.21%$10.09
-3.12%$0.0229865
-4.59%$230.70
-5.68%$0.366762
-5.51%$1.00
0.00%$4.25
-6.30%$3.22
-6.72%$3.49
-7.49%$2.74
-3.27%$0.202821
-4.39%$82,672.00
-2.09%$4.02
-0.01%$0.064547
-7.55%$0.185127
-6.94%$0.490441
-9.47%$0.334344
-3.74%$5.29
-3.67%$11.09
-0.53%$0.477503
-4.16%$82,573.00
-1.87%$0.770541
-7.62%$0.47321
-7.13%$1,906.75
-3.84%$1,828.26
-4.07%$0.449624
-6.54%$1,298.08
-10.27%$1.082
-3.26%$0.068299
-2.00%$130.60
-3.70%$69.99
-2.40%$17.50
-4.94%$0.553723
-4.90%$0.99964
0.04%$0.626896
-4.46%$0.781068
-7.30%$2,076.72
-3.73%$0.997786
-0.01%$0.180602
-5.75%$0.00001134
-8.17%$8.77
-4.38%$0.089626
-5.65%$0.999483
0.01%$0.835566
-6.24%$0.999875
-0.05%$0.548961
-3.03%$0.0132393
-3.59%$1.00
0.02%$7.42
-16.82%$82,457.00
-1.55%$0.879613
-6.15%$3,102.73
-0.12%$0.998087
-0.17%$1,947.77
-3.74%$603.21
-2.95%$2.21
-0.78%$0.01553427
-6.59%$3,121.36
0.95%$0.65238
-3.72%$82,822.00
-1.80%$0.00000067
-1.35%$0.271457
-3.17%$0.175253
-4.52%$0.493538
-4.40%$31.79
-3.39%$1.00
0.10%$160.26
-3.42%$0.102972
-3.24%$2.00
-6.40%$0.379645
-3.58%$36.26
-2.16%$3.19
2.21%$0.00005829
-6.84%$1,912.36
-3.66%$7.44
-17.18%$0.01102911
-8.07%$137.16
-3.53%$0.14551
-4.51%$0.999722
0.11%$15.86
-5.24%$0.075816
1.57%$1.73
-5.73%$0.403742
-12.20%$0.996803
-0.25%$0.644098
-7.04%$0.999346
-0.06%$2.92
-6.57%$0.426896
-2.26%$0.46362
13.52%$0.00501802
-5.31%$0.246206
-4.12%$79,484.00
-3.69%$28.00
1.07%$16.22
-5.07%$6.42
-5.34%$1.64
1.50%$0.999836
-0.00%$0.713171
-3.35%$1,948.10
-3.78%$0.436487
-5.77%$0.169917
-6.15%$0.00000043
-1.10%$0.426252
-7.50%$82,656.00
-1.92%$1,834.82
-3.82%$82,917.00
-2.62%$6.29
-11.18%$0.438964
-15.94%$0.148484
-6.38%$1.001
0.10%$1.082
0.06%$2.53
-7.76%$1,835.87
-3.67%$0.613678
-7.40%$0.04193803
-3.41%$1.13
-2.48%$0.00002004
-2.15%$1,835.33
-3.68%$0.078984
-7.94%$110.49
0.00%$1.10
0.53%$0.0074073
-4.71%$0.475737
-6.07%$0.472855
-5.72%$1,923.37
-3.25%$82,692.00
-1.70%$0.0057664
-8.35%$0.868185
-2.77%$0.00643699
-8.43%$0.20296
-4.38%$0.372877
-5.69%$39.01
-5.16%$0.999333
0.01%$0.999799
-0.03%$0.998617
-0.16%$0.01048063
6.04%$0.0039782
0.66%$81,965.00
-2.12%$0.166113
-3.42%$1,833.46
-3.72%$0.0000016
-3.07%$1,823.58
-3.44%$0.00005936
-3.83%$0.996898
-0.36%$0.03110066
0.35%$118.67
-5.04%$1.29
-8.56%$0.03071185
-10.19%$1.44
11.37%$0.245631
-5.17%$1.23
-4.42%$0.536289
-2.17%$1,818.48
-3.71%$0.249099
-6.39%$2.60
-9.59%$0.653474
-5.19%$3.57
-6.96%$1,835.49
-3.68%$2.85
-3.20%$82,685.00
-1.74%$0.778961
-6.96%$21.59
-5.39%$0.191128
-4.43%$81,033.00
-3.47%$0.00043544
143.79%$2,007.02
-3.79%$1,938.24
-3.66%$15.97
-4.33%$3,083.61
0.00%$0.258137
-3.65%$1.052
-7.38%$0.084696
-7.90%$0.03124736
-4.53%$0.493218
0.26%$0.066835
-6.38%$0.03564286
-4.01%$1,994.14
-3.57%$0.999125
-0.05%$0.116732
-0.59%$0.00319069
-5.26%$0.103647
-7.42%$0.517881
-7.49%$0.00262657
7.08%$0.947376
-8.31%$1,834.33
-3.70%$0.00225236
-8.50%$1,665.86
-1.77%$0.03023249
-4.56%$0.0048552
-7.29%$0.306429
-2.36%$0.01127638
-3.49%$0.529659
1.03%$20.09
-0.47%$0.218923
0.55%$2.20
4.48%$2.18
-0.44%$0.643491
-6.97%$0.999465
0.00%Reading
BlackRock CEO Larry Fink today said that he is “fascinated” by BitcoinBitcoin and that the cryptocurrency could soon become a “great asset class.”
But the billionaire boss of the world’s biggest asset manager and former Bitcoin skeptic said it would not be a substitute for currencies, in an interview today with CNBC.
"It may become a great asset class and I do believe this can become a great asset class," says Larry Fink. "I don't believe we should think about #crypto as a substitute of currency."#btc pic.twitter.com/ykGNhZqVT7
— Squawk Box (@SquawkCNBC) April 15, 2021
Fink tempered his newfound enthusiasm for Bitcoin by also adding that his company’s investors still haven't expressed much interest in it.
“I’m still fascinated about it [Bitcoin] and encouraged by how many people are focusing on it,” he said. “I’m encouraged about the narrative, it may become a great asset class and I do believe this could become a great asset class—cryptocurrency.
“I don’t believe it’s a substitute for currencies, I think we’re gonna have cryptocurrencies of dollars, cryptocurrencies of other currencies, but I don’t believe we should think about crypto as a substitute of currency but I am fascinated by it as an asset class.”
The CEO, who is worth over $1.1 billion, according to Forbes, previously wasn’t interested in the asset. In 2017, he called the biggest cryptocurrency by market cap an “index of money laundering.”
Blackrock CIO Rick Rieder said today on CNBC that Bitcoin could replace gold—adding that's it's "here to stay." Bitcoin—and by some extension the wider cryptocurrency industry—has received praise from several high profile names in the traditional finance world in recent months. The likes of MicroStrategy CEO Michael Saylor and billionaire investor Stanley Druckenmiller are two of many who have become outspoken Bitcoin advocates. Now, it seems, Bitcoin has another fan. BlackRock’s CIO believes...
“Bitcoin just shows you how much demand for money laundering there is in the world,” he said.
How times have changed.
Back in December, Fink showed signs that his opinions on the crypto asset had begun to change and said that he could see Bitcoin growing as an asset class.
And his firm, which manages $9 trillion in assets worldwide, is now warming up to cryptocurrency. In January the firm said in an SEC filing that it could add Bitcoin futures to its funds. The company in March revealed that it already held 37 futures contracts from the Chicago Mercantile Exchange.
“I am still watching,” he said today. “We are investing in it, we’re studying it, we’ve made money on it.”
The price of Bitcoin continues to surge, with spot Bitcoin ETFs in the rearview mirror and the halving coming in April. Renewed euphoria has swirled as the price of Bitcoin skyrocketed to $64,000 on Wednesday. “Fourth Bitcoin bull market, and this all feels very different,” prominent Bitcoin podcast host Peter McCormack said on Twitter. Fourth #bitcoin bull market and this all feels very different. Lessons from the others:- 2013 spent all my #bitcoin and traded CFDs. Ended 2013 with 0 #bitcoin....
Bitcoin today hit $39,000 per coin for the first time since a brutal digital asset crash in May 2022 that brought with it a long and painful bear market. The virtual coin has since made a terrific comeback: at the start of January, it was trading for less than $17,000 per coin; it is now up 128%. Could this mean we’re seeing the beginning of a bull run? Some experts say it’s only up from here. A lot has happened in the crypto space since blockchain project Terra collapsed last year, leading...
In a move that surprised some experts, Invesco Ltd, an investment management company with $1.3 trillion in assets under management, decided not to immediately pursue its Bitcoin futures application. “We have determined not to pursue the launch of a Bitcoin futures ETF in the immediate near-term,” an Invesco spokesperson told Bloomberg. The firm added that it will carry on with its Galaxy Digital partnership to offer investors a “full shelf of products” with exposure to digital assets, including...
