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Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’


Blackrock Inc.’s head of digital assets, Robert Mitchnick, recently shared his thoughts on bitcoin during a conversation with Yahoo Finance. Mitchnick stated that he doesn’t consider bitcoin to be a “risk-on asset.” His remarks coincided with the debut of Blackrock’s Ishares bitcoin exchange-traded...

3 Blockchain Innovations: Cryptos Leading the Tech Wave in 2024


As crypto markets rebound in a risk-on macro-environment, blockchain innovations are at the pioneering edge of the emerging tech wave, and now investors are scrambling to discover the best cryptos in 2024. Indeed, the approval of spot Bitcoin ETFs by the Securities and Exchange Commission (SEC)...

5 Best Cryptos to Include in a Balanced Portfolio in 2024


As investors shift back into risk-on assets in anticipation of rates cuts by the Federal Reserve, mainstream investors are increasingly looking for the best cryptos to buy 2024 as part of a balanced portfolio strategy. Market sentiment has shifted positive on risk-on assets like crypto following...

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming


In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...

Global Insurers Start Investing in Crypto Amid Risk-On Investment Approach


  Global insurers aim to maintain a risk-on investment approach, with higher allocations to private equity, green bonds, and middle-market corporate loans, but also cryptoassets, according to a report by Goldman Sachs Insurance Asset Management. The survey represents the views of 328 chief...

Forex Today: Increased Risk on the US Greenback


Greenbacks or the American dollar has fallen since Friday. The drop in the valuation of the greenback occurred as a result of the US Federal Reserve Chair Jerome Powell’s comments. The US Federal Reserve Chair spoke at the Jackson Hole Symposium in July stating that lawmakers had given the matter...

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