World’s largest Asset Manager BlackRock readies for Bitcoin exposure.

The trillion-dollar asset management behemoth Blackrock has given the green light for two of its funds to invest in Bitcoin futures. Latest filings with SEC reveal that both the BlackRock Global Allocation Fund Inc. and BlackRock Funds V could be gearing up to trade Bitcoin (BTC) derivatives. According to the filings, the funds will invest only in cash-settled Bitcoin futures…

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Could Biden’s $3T stimulus send Bitcoin to the moon?

The Biden administration’s fiscal stimulus plan has the potential to propel Bitcoin (BTC) to record new levels. Investors are eyeing another leg up in Bitcoin’s recent explosive rally with the U.S economy potentially being injected with trillions of dollars amidst an already collapsing United States Dollar. Incoming president Joe Biden’s “Build Back Better” program proposes a $3 trillion tax and…

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