BlackRock claims that just 1% crypto allocation in Asia could trigger a $2 trillion bullish tsunami

Advertisement &nbsp &nbsp A senior BlackRock executive said Asian household wealth could serve as a major driver of digital assets if investors allocate even a small portion of their holdings to crypto. Nicholas Peach, head of APAC iShares at BlackRock, has stated that a modest 1% allocation within standard portfolios could potentially translate into trillions […]

Bitcoin Needs to Fall 90% for Years to Pressure Strategy’s Debt, Says CEO

The Strategy’s leadership is pushing back against this growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress if the cryptocurrency’s price continues to fall. After the company announced its fourth-quarter results, CEO Phong Le sought to reassure investors that the company remains well-positioned even as Bitcoin fell nearly […]

Bitcoin will likely reach $50,000 as Tom Lee says Crypto has been a huge disappointment

Advertisement &nbsp &nbsp Fundstrat’s Tom Lee says cryptocurrency prices have been disappointing in recent weeks, with digital assets out of line with a range of historical bullish drivers. Tom Lee notes that the lackluster prices are still linked to the October 10 megacrash that wiped out nearly $20 billion from the crypto market. One big […]

SEC Chairman Says Time Is Right to Open a $12.5 Trillion 401(k) Market for Bitcoin

Advertisement &nbsp &nbsp As US authorities move toward greater adoption of cryptocurrencies, Securities and Exchange Commission (SEC) Chairman Paul Atkins has expressed support for including digital assets in 401(k) plans. Individuals already have indirect access to Bitcoin (BTC) and other cryptocurrencies through professionally managed pension funds. Paul Atkins Pushes for Crypto Integration in the 401(k) […]

Demand for Bitcoin whales reaches extreme levels as the next rally builds

Bitcoin price action has been muted in recent days, trading within the $90,000 and $88,000 levels. Classically, consolidation periods often precede major moves to the positive or negative side of the market. As such, questions are being asked about the next trajectory of the flagship cryptocurrency. A latest on-chain assessment has offered a positive forecast […]