Tags : admits

Bitcoin

BlackRock Chief Investment Officer admits the firm “dabbles” in Bitcoin

Speaking on CNBC Squawkbox, BlackRock’s chief investment officer Rick Rieder admits the firm dabbles with Bitcoin. BlackRock is the world’s largest asset manager with approximately $8 trillion in assets under management. The firm is publically listed with a market cap of around $110 billion. BlackRock CIO offers guarded response to Bitcoin position Host Joe Kernen […]Read More

Cryptocurrency

JPMorgan co-president admits the demand for Bitcoin will come at

In a conversation with CNBC about Bitcoin, JPMorgan co-president Daniel Pinto said the demand for Bitcoin will come at “some point.” Albeit the message seems ostensibly optimistic, Pinto is implying that the demand for Bitcoin isn’t here just yet. What kind of demand for Bitcoin would be sufficient? The price of Bitcoin has increased by […]Read More