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news-imageDecember 12, 2024

BlackRock's Bitcoin Strategy: Up To 2% Bitcoin Allocation Is ‘Reasonable Range'

TL;DR BlackRock recommends a 2% Bitcoin allocation limit to maintain a balance between risk and reward in investment portfolios. The firm acknowledges Bitcoin's growth potential and its value as a hedge against inflation but warns about market volatility and regulatory uncertainty.
Publisher: Crypto Economy
Sentiment: Positive
BTC

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Positive
cover-imageProactive Investors
December 12, 2024

Bitcoin soars back above $102,000

Bitcoin (BTC) smashed the $102,000 price target for the second time in its existence this Thursday. In the previous day's trading session, the BTC/USD pair rallied 4.7% before adding another 1.2% today.

Negative
cover-imageUToday
December 12, 2024

We Must Separate Bitcoin (BTC) From Money, Says Peter Schiff

Peter Schiff has once again shared his concerns about Bitcoin (BTC), suggesting that there needs to be a clearer line between the digital asset and the concept of money itself. His concerns come up in the context of broader economic discussions about inflation and the Federal Reserve's strategies.

Positive
cover-imageBitcoin
December 12, 2024

Kenya National Fire Brigades Association Adopts Bitcoin

The Kenya National Fire Brigades Association (KENFIBA) has become the first labor union in Kenya to adopt bitcoin. This move, facilitated by Proof of Workforce, aims to support the union's efforts to improve working conditions and emergency response capabilities for firefighters in Kenya.

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