Quote from: Kensure on Today at 01:16:08 PM

BlackRock CEO Larry Fink has expressed complete support for bitcoin, stating that it is an "international asset" that can be used as a hedge against inflation and currency devaluation. This is an important development because BlackRock is the world's largest asset manager, and its clients could potentially invest billions of dollars in bitcoin if the bitcoin ETF is approved. This will surely lead to a huge

increase in the price of bitcoin.

The next bitcoin halving is less than 10 months away. This event, which occurs approximately every four years, reduces the amount of new bitcoin that is created. Soon, the Federal Reserve is likely to be forced to cut interest rates and start printing money again at some point in the next 18 months. This would make bitcoin even more attractive as a hedge against inflation. Cool

However, I believe the next two years could be very bullish for bitcoin. With the combination of BlackRock's support, the next bitcoin halving, and a potential return of QE could drive the price of bitcoin to a new all-time highs.

You can agree with me that;

BlackRock's CEO has expressed support for bitcoin.
BlackRock is the world's largest asset manager.
BlackRock's clients could potentially invest billions of dollars in bitcoin.
BlackRock is considering offering a bitcoin ETF.
The next bitcoin halving is less than 10 months away.
The bitcoin halving will reduce the supply of new bitcoin.
The Federal Reserve is likely to cut interest rates and start printing money again.

QE would make bitcoin even more attractive as a hedge against inflation.

Maybe they did that because they might be hoping that they will be given a chance to be approved by the SEC, and when that happens, for sure, because they have a lot of holdings, they will also get big profits.

So, in my opinion, I will not wonder why they do that. But this is just my opinion; I'm not sure about this yet. But when that is actually approved, it will also be favorable to Tin for sure in the end because there will be many profits on the day of the bull run.