In a fireside chat today at the Bitcoin Investor Day by Reflexivity Research, Robert Mitchnick, the Head of Digital Assets at BlackRock, shared insights into the asset manager’s approach to Bitcoin, cryptocurrencies and the future of the crypto market. Mitchnick emphasized that Bitcoin remains, overwhelmingly, the top priority for BlackRock’s clients, with minimal interest in other cryptocurrencies. He highlighted that the crypto community desires a broader range of crypto products from BlackRock, but the company’s focus remains on Bitcoin. 🚨NEW: @BlackRock’s Head of Digital Assets Robert Mitchnick addresses how the asset…
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Increasing number of divorce proceedings involve crypto
Most crypto investors probably aren’t thinking about divorce or what will happen to their digital assets in the event of separation, but lawyers say it’s becoming a very common scenario as more people hold crypto assets. Last year, market research firm GWI suggested that as much as 10.2% of global internet users aged 16 to 64 own crypto, with most ownership skewed toward nations experiencing high inflation or fluctuation in the value of their national currency. Independent data and statistics tracker World Population Review suggests the divorce rate worldwide varies…
Read MoreInflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation – Economics Bitcoin News
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash handouts in order to push consumer demand. Low Inflation Numbers in China Worry Analysts China, one of the biggest economies in the world, has registered its lowest inflation numbers in more than two years, according to data coming from the National Bureau of Statistics (NBS).…
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