21 min listen
1013: BlackRock’s Entrance to Crypto Can Send Bitcoin Soaring to $523K, Says Ark Invest!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
1013: BlackRock’s Entrance to Crypto Can Send Bitcoin Soaring to $523K, Says Ark Invest!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
26 minutes
Released:
Aug 10, 2022
Format:
Podcast episode
Description
ARK Invest founder Cathie Wood thinks BlackRock’s entry into the crypto space could have huge implications for the Bitcoin price action.
"Last week, US-based cryptocurrency giant Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring crypto trading to wealthy clients.
Blackrock’s decision to partner with Coinbase is a strong signal that institutions consider bitcoin. Based on ARK’s simulated portfolio allocations, institutional allocations between 2.5% and 6.5% could impact bitcoin’s price by $200,000 - $500,000"
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"Last week, US-based cryptocurrency giant Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring crypto trading to wealthy clients.
Blackrock’s decision to partner with Coinbase is a strong signal that institutions consider bitcoin. Based on ARK’s simulated portfolio allocations, institutional allocations between 2.5% and 6.5% could impact bitcoin’s price by $200,000 - $500,000"
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Aug 10, 2022
Format:
Podcast episode
Titles in the series (100)
602: BITCOIN PRICE TO HIT $85K IN COMING MONTHS AS INDICATORS FLIP BULLISH!! TANZANIA NEXT TO ADOPT BTC?!: Amid hopes that Bitcoin will still hit $100,000 this year, Decentrader predicted that it may only be a matter of months before BTC is back on track. "While we may not rally so hard and fast this time, fundamentally nothing has changed with how Bitcoin... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News