Watch the vid - https://www.bloomberg.com/news/articles/2018-07-16/blackrock-s-fink-says-clients-have-zero-interest-in-crypto
He is a 'blockchain not bitcoin' lover and is interested in the tech for his own platform. And he clearly doesn't get it when he says he's waiting for crypto to be more... transparent?
However I well and truly cannot believe that not one of his punters has expressed any interest.
Topic: Bitcoin jumps after report suggests BlackRock is getting serious about the crypt - page 2. (Read 368 times)
July 16, 2018, 04:50:03 PM
July 16, 2018, 04:44:14 PM
It just ridiculous how a small news can impact the Bitcoin price (positively or negatively) Can you imagine what could happen to the price if a day someone successfully hacks the twitter account of the Federal Reserve or IMF and start to tweet random tweets like "We're going to move 100% in cryptos, no more USD and EUR."
(BlackRock is a hedge fund right?)
(BlackRock is a hedge fund right?)
July 16, 2018, 03:33:03 PM
i dont understand, he said: he doesn’t see “huge demand for cryptocurrencies,”
July 16, 2018, 03:20:50 PM
believe it or not bitcoin market is not yet a gigantic market that 3% rise in it can be considered a "jump" 
that much rise is still considered a tiny ignoreable fluctuation within one day. a jump would have been a rise above $7k at least.
in case case after googling what "BlackRock" is since i have never heard of it, i don't know how i feel about this news. an investment management company that big entering the scene and thinking about "taking advantage of the market" doesn't necessarily mean good things are coming. we may see hype and a rise for now but i don't know what we will see in the short run from them.
that much rise is still considered a tiny ignoreable fluctuation within one day. a jump would have been a rise above $7k at least.in case case after googling what "BlackRock" is since i have never heard of it, i don't know how i feel about this news. an investment management company that big entering the scene and thinking about "taking advantage of the market" doesn't necessarily mean good things are coming. we may see hype and a rise for now but i don't know what we will see in the short run from them.
BlackRock is huge, so I can see why the price jumped, however, i am not sure how related it is to that.
https://www.reuters.com/article/us-blackrock-cryptocurrency/blackrock-is-evaluating-cryptocurrencies-ceo-fink-says-idUSKBN1K61MC?feedType=RSS&feedName&61;businessNews
Quote
“BlackRock exploring crypto assets comes as no surprise and is definitely a positive development for the crypto market,” said Chris Yoo, a portfolio manager at Black Square Capital Management LLC, a hedge fund focused on the crypto space.
“As the largest asset manager in the world, its interest in crypto assets could be a catalyst for upward price movement and encourage other asset managers, even with more conservative strategies, to seriously explore investing in the crypto space.”
“As the largest asset manager in the world, its interest in crypto assets could be a catalyst for upward price movement and encourage other asset managers, even with more conservative strategies, to seriously explore investing in the crypto space.”
Hopefully with "crypto assets" they mean Bitcoin, but it looks like they are ready to waste money on shitcoins:
Quote
“We are a big student of blockchain,” Fink said in an interview with Reuters. Adding that he doesn’t see “huge demand for cryptocurrencies,” the company has a working group studying it.
July 16, 2018, 09:44:48 AM
there is no serious relation with news and btc price, look 5 different steep rises happened at last weeks will you find news at for that exact times, dont waste time. There are always steep moves in bitcoin and they are not very related with news but manipulators wait time for them and move according to them for convince people. If you really think that news is reason for rise you have to find similar news for every rise.And also there are steep falls you have to fall an exchange hack news for every fall but be sure you cant find, you can only find a few news for that fast moves and it is not enough. This is crypto market it does not moves like classic financial markets.
July 16, 2018, 09:02:03 AM
if BlackRock is going to make some pump and dump for us then that's something to look forward to. whatever shits they can do, its always good to have some financial institution that are trying to jump into the bandwagon after all, they do make some news with all the things they do. i guess we can all be taking advantage of it too.
July 16, 2018, 08:52:03 AM
believe it or not bitcoin market is not yet a gigantic market that 3% rise in it can be considered a "jump" that much rise is still considered a tiny ignoreable fluctuation within one day. a jump would have been a rise above $7k at least.
in case case after googling what "BlackRock" is since i have never heard of it, i don't know how i feel about this news. an investment management company that big entering the scene and thinking about "taking advantage of the market" doesn't necessarily mean good things are coming. we may see hype and a rise for now but i don't know what we will see in the short run from them.
that much rise is still considered a tiny ignoreable fluctuation within one day. a jump would have been a rise above $7k at least.in case case after googling what "BlackRock" is since i have never heard of it, i don't know how i feel about this news. an investment management company that big entering the scene and thinking about "taking advantage of the market" doesn't necessarily mean good things are coming. we may see hype and a rise for now but i don't know what we will see in the short run from them.
July 16, 2018, 08:48:29 AM
Haven't heard about the news but it made me surprised after checking the price jumped +$300 within few hours.
News definitely are giving impact to the price and unlike before if there are good news, the effect is taking too long unlike the bad ones.
Still too early to celebrate.
News definitely are giving impact to the price and unlike before if there are good news, the effect is taking too long unlike the bad ones.
Still too early to celebrate.
July 16, 2018, 08:22:53 AM
https://www.cnbc.com/2018/07/16/bitcoin-jumps-after-report-says-blackrock-exploring-cryptocurrencies.html
Quote
The price of bitcoin surged Monday after a report said that BlackRock has set up a working group to explore ways of taking advantage of the cryptocurrency market.
London’s Financial News newspaper, citing two unnamed sources, said that BlackRock has formed a team from different parts of the business to investigate cryptocurrencies and blockchain, the technology that underpins them.
According to one of the sources, the asset management giant will study whether it should invest in bitcoin futures. The sources also said that BlackRock’s working group will keep a close eye on what its competitors are doing in regard to cryptocurrencies and blockchain.
London’s Financial News newspaper, citing two unnamed sources, said that BlackRock has formed a team from different parts of the business to investigate cryptocurrencies and blockchain, the technology that underpins them.
According to one of the sources, the asset management giant will study whether it should invest in bitcoin futures. The sources also said that BlackRock’s working group will keep a close eye on what its competitors are doing in regard to cryptocurrencies and blockchain.
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