• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Rick Rieder Proposes Bitcoin as the Future of Value Storage

user avatar

by Andrew Smith

7 hours ago


In a significant endorsement for the cryptocurrency sector, Rick Rieder, BlackRock's Global Chief Investment Officer, has proposed that Bitcoin could supplant gold as the leading store of value. His comments come at a pivotal time as he is being considered for a role at the Federal Reserve, which may have broader implications for Bitcoin's acceptance among institutional investors. The material points to an encouraging trend: more institutional players are recognizing the potential of digital assets.

Преимущества Биткойна над традиционным золотом

Rieder highlighted the advantages of Bitcoin over traditional gold, particularly its ease of transfer and accessibility. He argued that these features make Bitcoin a more practical option for investors looking to diversify their portfolios. This perspective aligns with a growing trend among financial institutions to explore digital assets as viable investment opportunities.

Влияние кандидатуры Ридера на политику Федеральной резервной системы

As Rieder's candidacy for the Federal Reserve chair gains traction, his views on Bitcoin could potentially sway institutional attitudes towards cryptocurrencies. If appointed, his influence may lead to a reevaluation of Federal Reserve policies concerning digital currencies, further legitimizing Bitcoin in the eyes of traditional finance.

The recent increase in tariffs on South Korean goods has generated mixed reactions, contrasting with the positive outlook for Bitcoin expressed by BlackRock's Rick Rieder. For more details, see read more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

APEMARS APRZ Positioned as Next 100x Crypto Opportunity

chest

APEMARS APRZ is being positioned as the next potential 100x crypto investment opportunity.

user avatarGustavo Mendoza

Base Network Active Addresses Plummet to 18-Month Low

chest

The Base blockchain has seen a significant decline in active addresses, reaching an 18-month low, while simultaneously experiencing a surge in token creation.

user avatarMaria Fernandez

APEMARS APRZ Launches Stage 5 of Presale with Unique Features

chest

APEMARS APRZ has entered Stage 5 of its presale, named VOID VIBES, priced at 0.000003629 per token. This stage features decreasing token allocations and symbolic burn checkpoints, designed to reward early investors and foster community growth.

user avatarMiguel Rodriguez

Surge in Token Creation on Base Network Amidst User Activity Decline

chest

Surge in token creation on the Base network despite decline in user activity.

user avatarRajesh Kumar

Binance Files for MiCAR License in Greece

chest

Binance is working to secure a MiCAR license in Greece to operate across all EU member states.

user avatarLuis Flores

The Mechanics of Private Verification with ZK Proofs

chest

ZK proofs utilize cryptographic methods to verify statements without exchanging raw data, ensuring privacy and security.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.