BlackRock has suggested that investors consider allocating 1% to 2% of their multi-asset portfolios to Bitcoin, likening this to the risks found in tech-heavy portfolios. Despite Bitcoin’s lower correlation to other assets, its volatility can elevate overall risk, especially if larger allocations are made. The asset manager views this small Bitcoin investment as a distinct ...
The cryptocurrency Market is experiencing an exciting surge, with Bitcoin recently surpassing the $100,000 milestone to reach around $100,500. This rise followed the release of U.S. inflation data, encouraging hopes for a potential interest rate cut from the Federal Reserve. Altcoins are also seeing significant gains; XRP jumped 17% after Ripple Labs announced its new ...
Today, Bitcoin is priced at about $97,800 following a nearly 4% drop on Monday, which resulted in over $1.69 billion in liquidations across the crypto Market. A crucial Microsoft shareholders’ vote scheduled today could allow Bitcoin to be added to the company’s balance sheet, potentially driving prices upward. Despite recent declines, strong institutional interest remains, ...
Bitcoin has finally surpassed the significant $100,000 mark, achieving an impressive 140% increase in value during 2024. This surge comes after widespread adoption by major Wall Street institutions and growing discussions around cryptocurrency in the U.S. presidential election. The launch of Bitcoin ETFs at the beginning of the year attracted billions in investments, signaling a ...
The cryptocurrency Market is rapidly expanding, valued at USD 5.08 billion in 2023 and expected to reach USD 15.39 billion by 2032, growing at a CAGR of 13.13%. Key drivers of this growth include the rise of Decentralized Finance (DeFi) and significant institutional investments from companies like Tesla and MicroStrategy. Technological advancements, such as Ethereum’s ...
The cryptocurrency Market is rapidly expanding, with its value growing from USD 5.08 billion in 2023 to a projected USD 15.39 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.13%. Key drivers include increasing technological innovations, rising institutional investments, and the surge of decentralized finance (DeFi) solutions. Major companies like Tesla and ...
WisdomTree has filed with the SEC to launch a spot XRP exchange-traded fund (ETF), joining other firms like Bitwise and 21Shares in seeking approval. This move reflects increasing interest from institutions in XRP, especially as it has recently become the third-largest cryptocurrency by Market cap, driven by a significant price surge to $2.42. The timing ...
