Amid the sharp fall in the market during Q4 2018, BlackRock earnings took a major hit falling much below industry estimates.
The price of Bitcoin has plunged more than 9% in the last 24 hours following the announcement from the SEC that once again delays its decision on the rule change for a VanEck’s Bitcoin exchange-traded fund. The new deadline is February 27, 2019.
BlackRock’s Larry Fink showed that he is eager to believe in the potential of crypto. According to him, cryptos could one day be seen as a good way to store wealth, but not necessarily now.