
BlackRock calls Bitcoin a ‘unique diversifier’ in document sent to clients
Despite acknowledging the risky nature of Bitcoin, the 9-page document highlights the asset strength as a reliable alternative reserve.
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The bank reported a strong increase in crypto trading volumes on its digital exchange, DDEx.

Bitcoin and Ethereum break through resistance levels amid Fed rate cut anticipation, driving market gains.

MicroStrategy's latest bond issuance highlights its continued commitment to acquiring Bitcoin, with $700 million in convertible notes due 2028.

Sell-off after rate cuts, nearing resistance, and overall bullish indicators paint Bitcoin's landscape this week, according to analysts.

Eric Balchunas stated that BlackRock would act if they discovered that Coinbase is "screwing around" with their Bitcoins.

The 13,029 BTC stash tied to different wallets is believed to be related to the Himalayan kingdom's Bitcoin mining operations.



