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Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold


Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s Chief Investment Officer (CIO)...

US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon


Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...

Central Banks’ Renewed Gold Hunger Shows Need For A Hedge


A new survey suggested that central banks may be on the hunt for a hedge – a search that may lead some directly to digital gold, bitcoin (BTC), albeit via the central banking sector’s default asset of choice: gold. In a new report focusing on the status of gold reserves in central banks conducted...

Stanley Druckenmiller Owns Bitcoin, Calls It Attractive Store of Value


Billionaire investor Stanley Druckenmiller has revealed that he owns bitcoin, calling it an asset class that has a lot of attraction as a store of value and could be a better investment than gold. Stan Druckenmiller Owns Bitcoin Stanley Druckenmiller revealed on Monday that he owns bitcoin...

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