BlackRock Exec Refutes ‘Risk-On’ Tag For Bitcoin, Here’s Why

BlackRock Exec Robbie Mitchnick has refuted Bitcoin’s classification as a “risk-on” asset amid the ongoing rally in BTC. Robbie, the Head of Digital Assets for the leading asset manager, recently challenged this label during an interview with Yahoo Finance. While acknowledging Bitcoin’s volatility and citing it as a “risky asset”, he emphasized that it does not behave like traditional “risk-on assets”, offering a distinct investment profile for institutional and retail

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Can Pepe Coin Price Quadruple as Volume Hits 8 Month High?

Pepe Coin price targets further gains after recently breaking above its all-time high price. Market participants have become more bullish on the frog-themed meme coin, especially after it recorded an 8-month high in its weekly trading volume. Can the increasing volatility push the price of PEPE up by 280%? Pepe Coin Price Targets 4X As Trading Volume Soars Data from Coingecko shows that the PEPE price is currently trading at

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Ontario growth gap biggest since the financial crisis

Breadcrumb Trail Links News Output from goods-producing industries in Ontario drops at steepest rate since the pandemic Published Nov 19, 2024  •  Last updated 21 minutes ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Manufacturing slumped in Ontario in 2024. Photo by JEFF KOWALSKY/AFP/Getty Images Article content Canada’s industrial heartland has had a tough year. A new

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Medtech less exposed to potential negative headlines from RFK Jr., says BofA By Investing.com

Investing.com — Bank of America analysts see the potential for medtech stocks to continue gaining momentum as they appear less vulnerable to potential healthcare-related controversies tied to RFK Jr. headlines. The bank notes that recent developments have bolstered the sector, with medtech rebounding from historically low valuations to trade more closely in line with its 10-year average discount to the Tools sector. In just two days, medtech’s discount to Tools narrowed

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Bitcoin (BTC) ETF Options Are a Big Deal. Here’s Why

Bitcoin ETF options trading in the U.S. is expected to start today. Options on BlackRock’s iShares Bitcoin Trust (IBIT) ETF cleared the last regulatory hurdle on Monday, and they could bring more institutional appetite for the largest cryptocurrency. “This marks a monumental shift,” 10x Research said in a Tuesday newsletter. The products “could attract significant trading volumes, potentially driving sharp price rallies in bitcoin,” it said. For example, MicroStrategy (MSTR),

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