Bitcoin – Page 48 – DIGIT INFO

Blackrock Compares Bitcoin to ‘Magnificent 7’ Stocks: The Next Big Allocation Play

December 13, 2024 by DIGIT

Blackrock has emphasized bitcoin’s growing portfolio significance, recommending a measured allocation strategy akin to mega-cap tech stocks. Bitcoin Meets the ‘Magnificent 7’: Blackrock’s Allocation Recommendation Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, published a report titled “Sizing bitcoin in portfolios” on Thursday. The report examines bitcoin’s distinct characteristics, … Read more

Keep 2-3% of Your Net Worth in Bitcoin: Thomas Peterffy Advises

December 12, 2024 by DIGIT

Peterffy wants to see more investors add bitcoin to their assets but keep their holdings to a minimum. Investors Should Add Bitcoin to Assets Billionaire founder of Interactive Brokers Group, Thomas Peterffy has advised clients to acquire some bitcoin but to keep their holdings small due to the volatility of the asset. Speaking on Wednesday … Read more

Vancouver City Council Passes Motion to Become ‘Bitcoin-Friendly City’

December 12, 2024 by DIGIT

A policy that could allow the use of bitcoin in city financing has been enacted by the Vancouver City Council. Vancouver Votes to Get Ahead on Bitcoin Vancouver, the third-largest metropolitan area in Canada, has passed a policy that could result in the use of bitcoin in city finances. The council of the Canadian city … Read more

BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation

December 12, 2024 by DIGIT

The recommendation applies to investors who wish to hold Bitcoin, the asset manager said. Go to Source

Texas lawmaker proposes bill to establish strategic Bitcoin reserve

December 12, 2024 by DIGIT

The draft legislation suggested that Texas residents could fund the Bitcoin reserve through voluntary donations. Go to Source

Australia’s AMP fund invests $27M in Bitcoin: Report

December 12, 2024 by DIGIT

Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account. Go to Source

Vanished but Not Forgotten: Revisiting Satoshi’s Final Forum Post

December 12, 2024 by DIGIT

Fourteen years ago, Satoshi Nakamoto, the enigmatic mind behind Bitcoin, signed off with a final post on the Bitcointalk forum. In this farewell, Nakamoto emphasized the need for continued work on the network’s defenses against denial-of-service (DoS) attacks. Bitcoin’s Creator Speaks One Last Time: A Look Back 14 Years Later Fast forward to today, and … Read more

Texas Representative Proposes Strategic Bitcoin Reserve Act

December 12, 2024 by DIGIT

On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management. Giovanni Capriglione Introduces Bill for State Bitcoin Reserve The legislation, titled the Texas Strategic Bitcoin Reserve Act, outlines the creation … Read more

Bitcoin bulls ignore PPI shock as whales fuel BTC price run to $102K

December 12, 2024 by DIGIT

Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve. Go to Source

Trump Rings NYSE Bell, Promises to Do Something Great With Crypto

December 12, 2024 by DIGIT

Donald Trump declared, “We’re going to do something great with crypto,” after opening the NYSE, emphasizing U.S. leadership to outpace China and other countries in digital assets. Cryptocurrency Leadership: Trump’s Pro-Bitcoin Stance Sparks Market Optimism President-elect Donald Trump commenced Thursday’s trading session at the New York Stock Exchange by ringing the opening bell, signaling his … Read more