US online payments giant has announced collaboration with a venture company to help early-stage entrepreneurs solve major global issues.
As per the SEC filing, BlackRock held BlackRock 37 contracts of CME Bitcoin Futures the price of which appreciated by $360,458. The company’s Bitcoin exposure was minuscule in comparison to its $9 trillion AUM.
Trustpilot is now valued at approximately $1.5 billion following a successful public offering.
The current Bitcoin price correction has affected almost the entire altcoin market that has been trapped in a similar correction phase.
Elon Musk said that the Bitcoin (BTC) price was high as it crossed $53,000 levels and hit over $1 trillion valuations. However, Bitcoin bulls continue to take the price higher with the next immediate target at $60K.
Just as BTC crossed the $50,000 milestone with a convincing rally backed by institutional players, analysts have turned bullish saying Bitcoin is all set to surge past $100K and above this year.
Bitcoin has turned indomitable surging another 5% in 24-hours with BlackRock announcing its entry in BTC. The world’s largest asset manager said that Bitcoin is a potential asset class to put its excess cash to work.
Moonpig has hired Citigroup and JPMorgan Cazenove as the global coordinators of its IPO.
Growing demand for BTC corresponds with evidence suggesting that it is no longer traded only by tech-savvy early adopters.
The digital currency sphere has had enormous developments geared towards promoting efficient payments.
Paul Tudor said that in the next 20 years, digital currencies will be similar to the “complex metals” of today. Here Bitcoin will be the “precious crypto” assuming the role of Gold and other transactional cryptocurrencies will be industrial metals like aluminum and copper.
