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Showing posts from December 12, 2024

Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation Play

Blackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday. The report examines bitcoin’s distinct characteristics, […]

Ripple Legal Chief Calls out SEC Commissioner: ‘Even More Rogue Than Gensler’

Ripple’s legal chief criticized SEC Commissioner Caroline Crenshaw as “more rogue than Gensler,” accusing her of defying court rulings. SEC Commissioner Caroline Crenshaw Faces Growing Opposition From Crypto Industry Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Wednesday to comment on the renomination of U.S. Securities and Exchange Commission (SEC) […]

Keep 2-3% of Your Net Worth in Bitcoin: Thomas Peterffy Advises

Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset. Speaking on Wednesday […]

The Presidential Crypto Portfolio Expands—Trump’s Crypto Holdings Rise, Now Worth $13M

With less than 40 days until Donald Trump is sworn in as the U.S. President, recent data reveals he holds nearly $13 million in crypto assets. The First Crypto Commander-in-Chief Stepping into the presidency with a sizable crypto portfolio, Donald Trump brings a financial twist to the Oval Office. His running mate, JD Vance, isn’t […]
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