Coinbase CEO Brian Armstrong said that Bitcoin is a nice check and balance on deficit spending and high inflation. The executive spoke during the World Economic Forum in Davos highlighting the way forward for the crypto industry under Trump’s administration.
BlackRock CEO Larry Fink shared his thoughts on Bitcoin's potential and global economic trends during an interview at the World Economic Forum.
BlackRock CEO Larry Fink said that Bitcoin could climb as high as $700,000 per coin, driven by collective, small allocations from asset managers worldwide.
The CEO of the largest asset manager in the world says that Bitcoin (BTC) could see drastically higher prices if sovereign wealth funds begin accumulating.
The CEO of Bitcoin ETF giant BlackRock said that continued adoption of BTC could push the asset's price to a multiple of the current mark.
The Bitcoin price jumped 2% in the last 24 hours as this crypto wallet presale closes on the $8 million milestone.
Bitcoin, the world's largest cryptocurrency, approached the previous session's record high on Tuesday in choppy trading as the top U.S. markets regulator unveiled a plan to overhaul rules for the sector.
Goldman Sachs CEO David Solomon said that the banking giant is intrigued by Bitcoin’s “underlying technology” and called it an “interesting speculative asset.”
Trump is also still expected to issue executive orders that will further promote Bitcoin adoption, Reuters and other media outlets have reported.
Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why bitcoin?” the Reserve Bank governor said.
At the World Economic Forum in Davos, industry leaders debated Bitcoin’s role as a reserve asset, the memecoin frenzy and crypto’s future amid Trump’s return to the Oval Office.