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BlackRock recommends investors allocate up to 2% of their portfolio to Bitcoin
BlackRock recommends investors allocate up to 2% of their portfolio to BitcoinBlackRock, the world's largest asset manager, has advised investors to allocate up to 2% of their portfolios to Bitcoin in its latest report. Authored by four BlackRock executives, the report suggests that including Bitcoin in a diversified portfolio is reasonable for investors with appropriate risk tolerance and risk management capabilities...
Blockchain 2024-12-13 11:41:03 -
BlackRock Recommends Maximum 2% Bitcoin Allocation, Equating Risk to Tech Giants
BlackRock Recommends Maximum 2% Bitcoin Allocation, Equating Risk to Tech GiantsThe resurgence of "Trump trades" and recent Bitcoin price volatility have reignited investor interest in the digital asset. However, a key question remains: what percentage of a portfolio should Bitcoin comprise? BlackRock, the world's largest asset manager, offers a clear recommendation in its latest investment outlook: a maximum of 2%...
Blockchain 2024-12-13 11:17:19 -
Huawei's Pura70 Series Achieves 10 Million Sales: The Story Behind a Flagship's Success
Huawei's Pura70 Series Achieves 10 Million Sales: The Story Behind a Flagship's SuccessThe launch of the Huawei Mate70 series has undoubtedly dominated recent headlines in the mobile phone industry. However, another Huawei flagship, the Pura70 series, continues to demonstrate strong market competitiveness, winning over consumers with its exceptional imaging system and leading-edge photography technology...
Mobile Internet 2024-12-13 11:11:29 -
Texas Legislator Proposes Bitcoin Strategic Reserve to Combat Inflation
Texas Legislator Proposes Bitcoin Strategic Reserve to Combat InflationTexas Republican State Representative Giovanni Capriglione recently submitted a notable bill proposing the creation of a Bitcoin strategic reserve for the state of Texas. The core objective is to enhance the state's fiscal stability and establish Texas as a leader in Bitcoin innovation by accepting taxes, fees, and donations in Bitcoin...
Blockchain 2024-12-13 08:41:17 -
Bitcoin Crashes Below $100,000!
Bitcoin Crashes Below $100,000!Bitcoin's price tumbled today, falling below the $100,000 mark with an intraday drop of 1.15%...
Blockchain 2024-12-13 05:58:37 -
Texas Proposes Strategic Bitcoin Reserve: A State-Level Precursor to National Strategy?
Texas Proposes Strategic Bitcoin Reserve: A State-Level Precursor to National Strategy?Texas Republican State Representative Giovanni Capriglione introduced a bill on Thursday aiming to establish a state-level strategic Bitcoin reserve. Titled "An Act relating to the establishment of a Bitcoin reserve in the Texas Treasury and the regulation of cryptocurrency by government entities," the bill proposes that Texas accumulate Bitcoin by accepting it as payment for taxes, fees, and donations, holding it for at least five years...
Blockchain 2024-12-13 03:26:48 -
Vancouver City Council Passes "Bitcoin-Friendly City" Motion to Explore Cryptocurrency's Role in Municipal Finances
Vancouver City Council Passes "Bitcoin-Friendly City" Motion to Explore Cryptocurrency's Role in Municipal FinancesOn December 11th, Vancouver City Council passed a motion proposed by Mayor Ken Sim aiming to establish Vancouver as a "Bitcoin-friendly city." The motion doesn't directly integrate Bitcoin into municipal finances but mandates a thorough investigation by city staff to explore Bitcoin's potential applications within Vancouver's municipal financial system, comprehensively assessing both risks and benefits...
Blockchain 2024-12-12 23:27:49 -
Putin's Bitcoin Embrace: Can Russia Escape Dollar Hegemony Through Cryptocurrency?
Putin's Bitcoin Embrace: Can Russia Escape Dollar Hegemony Through Cryptocurrency?Following Bitcoin's surge past the $100,000 mark after Trump's election victory, Russian President Vladimir Putin's statements on cryptocurrency have drawn global attention. On December 5th, 2024, during a meeting, Putin questioned the necessity of foreign exchange reserves, stating, "A reasonable question is: if foreign exchange reserves are so easily lost, why accumulate them?" This statement profoundly reflects the significant impact of Western sanctions on the Russian economy since the 2022 Russo-Ukrainian conflict...
Blockchain 2024-12-12 18:22:31 -
Microsoft Rejects Bitcoin Inclusion in Asset Allocation: A Giant's Decision and the Future of Cryptocurrency
Microsoft Rejects Bitcoin Inclusion in Asset Allocation: A Giant's Decision and the Future of CryptocurrencyBitcoin's recent price surge has been met with a resounding "no" from tech giant Microsoft. At its annual shareholder meeting, a proposal urging Microsoft to allocate at least 1% of its assets (approximately $780 million) to Bitcoin was decisively rejected...
Blockchain 2024-12-12 15:41:31 -
AppleIntelligence Expands Language Support: When Will China Get Access?
AppleIntelligence Expands Language Support: When Will China Get Access?Apple recently announced a significant expansion of language support for its intelligent AI assistant, AppleIntelligence. With the release of iOS 18...
Mobile Internet 2024-12-12 10:12:26 -
Vancouver City Council Passes Motion to Explore Bitcoin Integration into City Finances
Vancouver City Council Passes Motion to Explore Bitcoin Integration into City FinancesVancouver City Council passed a motion on Wednesday, proposed by Mayor Ken Sim, to explore integrating cryptocurrency, specifically Bitcoin, into the city's finances. Titled "Protecting City Purchasing Power Through Diversification of Financial Reserves Becoming a Bitcoin-Friendly City," the motion marks a pioneering step for Vancouver in embracing digital currencies and has garnered global attention regarding the future direction of municipal finances...
Blockchain 2024-12-12 10:06:11 -
MicroStrategy Stock Soars as Bitcoin Nears $100,000!
MicroStrategy Stock Soars as Bitcoin Nears $100,000!On December 11th, shares of business intelligence firm MicroStrategy surged over 5%. This significant jump is strongly correlated with the robust performance of Bitcoin on the same day...
Blockchain 2024-12-12 03:26:48
