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Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold


Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s Chief Investment Officer (CIO)...

Logic Enters Crypto Game With USD 6M Bitcoin Investment


Logic. Source: Twitter/@Logic301 American retired rapper, record producer and streamer Sir Robert Bryson Hall II, aka Logic, said he bought USD 6m worth of bitcoin (BTC) last month. The artist subsequently changed his Twitter account name to Bobby Bitcoin in a reference to his crypto investment...

Mike Novogratz’s Galaxy Digital to Launch Bitcoin Fund in Canada


Galaxy Digital, the crypto investment management firm founded by bitcoin bull Mike Novogratz, has revealed plans to launch a bitcoin fund in Canada. In a statement published Nov. 16, Galaxy Digital said it has partnered with major Canadian fund manager CI Global Asset Management for the launch....

Stanley Druckenmiller Owns Bitcoin, Calls It Attractive Store of Value


Billionaire investor Stanley Druckenmiller has revealed that he owns bitcoin, calling it an asset class that has a lot of attraction as a store of value and could be a better investment than gold. Stan Druckenmiller Owns Bitcoin Stanley Druckenmiller revealed on Monday that he owns bitcoin...

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