Financial

The post BlackRock CEO Praises BTC As An Asset Class, Calls It A Legitimate Financial Instrument appeared first on Coinpedia Fintech News BlackRock CEO, Larry Fink has showered praises on Bitcoin as an asset class highlighting its positives. In a recent interview with CNBC, Larry Fink restated his belief in the crypto market leader. He stated that ‘it is a legitimate financial instrument, that allows you to have non-correlated type of returns, an instrument that you invest in when you’re…

In recent years, with the rise of cryptocurrencies such as Bitcoin, more and more people have begun to pay attention to the field of mining and seek investment opportunities in it. In order to meet the needs of users, cloud mining financial management has gradually become a popular investment method. Among the many cloud mining financial management platforms, KK Miner has attracted the attention of many investors with its convenient investment and advantages. KK mining machine provides a simple and…

PrimeXBT is a diverse financial trading platform for CFDs, cryptocurrencies, and commodities. The platform has a 1 million user count, and more about the platform can be read in this review. Established in 2018, PimeXBT is among the world’s leading crypto brokers. The platform tracks price movement, across markets with live charts of hundreds of digital assets. PrimeXBT provides financial technology through its website, WebTrader, and app.  PrimeXBT envisions a future where individuals can get easy and immediate access to…

Borpa, an innovative memecoin project, is set to make crypto history with the launch of its omnichain financial game — becoming the first memecoin to offer liquidity mining incentives. The new liquidity mining incentives will be accessible across both Ethereum Virtual Machine (EVM) and non-EVM networks, scheduled to go live at 2pm UTC, on June 27. In the lead up to the launch of this historical utility, Borpa has successfully raise an eye-watering $65 million in it Overflow funding round…

Chainlink and DTCC have launched a pilot program tagging along other 10 financial institutions bringing fund data on-chain using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The pilot program is poised to unlock a new era of efficiency, security, and innovation in the financial sector. The financial sector is at the apex of a transformative shift with the groundbreaking launch of the pilot program. Chainlink, a decentralized blockchain oracle network has joined forces with Depository Trust & Clearing Corporation (DTCC), the world’s…

The launch of Bitcoin exchange-traded funds (ETFs) in January marked a significant milestone. However, financial advisors are approaching these new investment vehicles with caution. BlackRock’s Chief Investment Officer of ETF and Index Investments, Samara Cohen, provided insights during the Coinbase State of Crypto Summit in New York City. Why Financial Advisors Shun Bitcoin ETFs Cohen explained that about 80% of Bitcoin ETF purchases are currently made by self-directed investors using online brokerage accounts. According to last quarter’s 13-F filings, hedge…

In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by 2033. This bullish outlook is underscored by a new wave of adoption via US spot Bitcoin exchange-traded funds (ETFs) managed by heavyweight asset managers including BlackRock, Fidelity, and Franklin Templeton. Bitcoin’s Path To $1 Million In 2033 Analysts Gautam Chhugani and Mahika Sapra from Bernstein outline a…

The post Maximize Earnings with CryptoHeap: Achieve Financial Freedom through Crypto Staking appeared first on Coinpedia Fintech News The modern world offers many opportunities to make money, and one of the most attractive options is investing in cryptocurrencies. However, traditional trading and investing in cryptocurrencies can be risky and require considerable knowledge and time. If you’re looking for a reliable way to make easy money with less risk, CryptoHeap is the perfect solution for you. What is CryptoHeap? Crypto staking…

Tether, the issuer of the USDT stablecoin, is planning to invest a staggering $1 billion in technologies such as biotech, financial infrastructure, and artificial intelligence (AI).  Tether has already spent around $2 billion through its VC arm on technologies such as artificial intelligence (AI) and alternative financial infrastructure.  Tether Plans Significant Investment According to Tether CEO Paolo Ardoino, the company will invest at least $1 billion through its VC arm. Ardoino stated that Tether has a growing team that evaluates…