Institutional Investors: Bitcoin Price Rise: BlackRock Secrets Crypto Market | message



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The price of bitcoin rose on Monday and could continue to record gains on Tuesday. The context is a report in the British Financial News, according to which a working group on crypto-cognitions and the underlying blockchain technology is involved in BlackRock.

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More Moderate Attitude Towards Bitcoin

BlackRock CEO Larry Fink confirmed in an interview with Reuters that the largest crypto-market badet manager was learning "We are a great blockchain student ".

However, he downplayed that he does not expect a strong demand for electronic money. But he seems to have significantly softened his attitude, because even at the beginning of the year he had criticized at the World Economic Forum in Davos that Bitcoin, the most popular crypto-ware in the world, was mainly a bleaching instrument d & # 39; money.

Already at that time there were other votes within the badet manager. For example, Isabelle Mateos Y Lago, global multi-badet chief strategist at BlackRock, also said in January a. Although security breaches currently do not allow them to invest in cybercitizens, they constitute an interesting badet clbad on which BlackRock constantly keeps an eye.

The Blackrock Task Force does not seem really new. As reported by the American channel "CNBC", citing an informed person, they exist even since 2015.

Institutional investors on crypto

Nevertheless, the news is well received by market players. Experts believe that this is due to the fact that the apparent interest of institutional investors in general boosts confidence in crypto-citrates.

This corresponds to a Fortune magazine article stating that hedge fund billionaire Steve Cohen is investing in Autonomous Partners, a mutual fund focused on cybercurrency.

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