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Billionaire Mike Novogratz Flips Bullish on Worldcoin, Says Bad Idea To Defy Sam Altman’s Crypto Project: Report

Billionaire Mike Novogratz Flips Bullish on Worldcoin, Says Bad Idea To Defy Sam Altman’s Crypto Project: Report

Billionaire Mike Novogratz is reportedly seeing the bullish potential of Worldcoin (WLD), a privacy-focused, artificial intelligence-based altcoin created by Sam Altman, the chief executive of OpenAI. According to a new report by Bloomberg, the CEO of Galaxy Investment Partners says that he believes Worldcoin, which launched last week, will see its price rise due to […]

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BlackRock CEO Larry Fink Calls BTC Digital Gold, Says Spot Bitcoin ETF Will Democratize Crypto Investments

BlackRock CEO Larry Fink Calls BTC Digital Gold, Says Spot Bitcoin ETF Will Democratize Crypto Investments

BlackRock CEO Larry Fink believes that a spot Bitcoin (BTC) exchange-traded fund (ETF) would make crypto investments more accessible to a broader range of people. During a recent interview with Fox Business, Fink said that ETFs have been a game-changer for the finance industry and have the potential to bring further innovation. “We’re a believer […]

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Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]

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$10,000,000,000,000 Asset Manager Touts Potential of Bitcoin and Crypto Amid US Banking Crisis

,000,000,000,000 Asset Manager Touts Potential of Bitcoin and Crypto Amid US Banking Crisis

The CEO of the world’s largest asset manager, BlackRock, says Bitcoin and crypto assets have the potential to boost financial inclusion and make it easier for investors to get ahead. In a new letter to investors, Larry Fink says BlackRock will continue to back the emerging industry and offer investors a way to invest in […]

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Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory Changes

Blackrock CEO Warns More Bank Seizures and Shutdowns Could Result From Regulatory ChangesThe CEO of Blackrock, the world’s largest asset manager, has warned about additional bank seizures and shutdowns that could result from regulatory changes in response to the failures of several major banks in the U.S. “It does seem inevitable that some banks will now need to pull back on lending to shore up their balance […]

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BlackRock CEO Argues US Is Lagging Behind As ‘Interesting Developments’ Are Happening in the Crypto Asset Space

BlackRock CEO Argues US Is Lagging Behind As ‘Interesting Developments’ Are Happening in the Crypto Asset Space

The top executive of the world’s largest asset manager says that developed markets are not catching up in terms of financial innovation. In his annual letter to investors, BlackRock chairman and CEO Laurence Fink says that interesting things are happening in the crypto space even after the collapse of FTX and other firms in the […]

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Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning

Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not ReturningBlackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part of its recently issued 2023 Global Outlook report, Blackrock states that a new economic playbook is required in a world defined by a supply-based economy […]

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Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be Around

Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be AroundThe CEO of Blackrock, the world’s largest asset manager, says that most crypto companies will not be around following the collapse of crypto exchange FTX. However, the executive is still optimistic about blockchain technology. Blackrock’s CEO on FTX’s Collapse and Future of Crypto Larry Fink, the CEO of Blackrock Inc. (NYSE: BLK), the world’s largest […]

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A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETF

A Recent SEC Filing Shows the World’s Largest Asset Manager Blackrock Plans to Launch a Metaverse ETFAccording to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF) based on metaverse companies. The fund — dubbed the Ishares Future Metaverse Tech and Communications ETF — will track metaverse firms with exposure to virtual […]

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$10,000,000,000,000 Asset Management Firm BlackRock Exploring Support for Crypto Assets

A top executive at investment management behemoth BlackRock says the company is researching crypto assets in response to heightened interest from clients. In a new letter, CEO and co-founder Larry Fink says that digital assets can resolve many of the problems associated with international payments, such as high prices and associated crimes. “A global digital […]

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