Bitcoin’s macro case is strengthening even as regulation takes a back seat, says BlackRock’s digital assets head

Bitcoin’s macro case is strengthening even as regulation takes a back seat, says BlackRock’s digital assets head

The flagship cryptocurrency's recent rally parallels its history of rebounding whenever investor sentiment toward other assets cools, says BlackRock's Mitchnick.

BlackRock says Bitcoin’s real bull case is the $40 trillion US debt problem

BlackRock (NYSE: BLK) says Bitcoin’s latest move is tied more closely to America’s debt load than to another crypto policy fight. The U.S. total has now moved past $40 trillion, and BlackRock digital assets chief Robbie Mitchnick says that backdrop is pushing some investors toward Bitcoin as protection against fiscal pressure. Robbie told reporters that Bitcoin’s recent bounce fits a pattern he has watched for years. He said the asset often reco…

BlackRock's Robbie Mitchnick: Easing Regulatory Concerns Boost Bitcoin's Macro Appeal

BitcoinWorld BlackRock’s Robbie Mitchnick: Easing Regulatory Concerns Boost Bitcoin’s Macro Appeal Robbie Mitchnick, BlackRock’s Head of Digital Assets, said in a recent CNBC interview that Bitcoin’s macroeconomic appeal is strengthening as regulatory concerns ease. The comments come at a time when institutional interest in digital assets is being reshaped by a shifting regulatory landscape and growing acceptance of cryptocurrencies as a legiti…