Bitcoin has expanded to about $700 or 10% in the last 24 hours, with a maximum of $7,431.10. The blockchain concept stock Riot Blockchain soared by 30%, Overstock.com rose 7.5%, and Renren.com rose 6.9%.
Bitcoin's recent 24-hour increase has widened to about $700 or 10%, hitting a high of $7,431.10, rising to a seven-week high and breaking through key points. The blockchain concept stock Riot Blockchain soared by 30%, Overstock.com rose 7.5%, and Renren.com rose 6.9%.
There are reports this week that investment giant BlackRock is seeking to invest in cryptocurrency.
However, BlackRock CEO Larry Fink denied that the company had such a plan. Larry Fink said in an interview with Bloomberg, "I don't think there are customers looking to invest in cryptocurrencies. I didn't hear customers saying 'I want to enter the cryptocurrency market.'" Larry Fink also said that BlackRock is only observing Market performance.
BlackRock discussed cryptocurrency and blockchain technology in a company report released in February. BlackRock said in the report, "We believe that as the market matures, cryptocurrencies may become more widely used in the future. However, for the time being, we believe that only those who can afford full discounts can consider investing in encryption. Currency. Similarly, the blockchain needs to overcome a number of major obstacles in order to achieve its bright future."
Iqbal Gandham, managing director of trading platform eToro UK, told The Independent that "Beald's entry into the cryptocurrency market is good news for the industry and is expected. The real question is when to enter rather than whether to enter ."