Too Long; Didn't Read
The 5-minute newsletter on the important stuff in finance — reporting what's going on, and why. This week, we saw that BlackRock and Morgan Stanley gain Bitcoin 'exposure' BlackRock bought $382.9 million worth of Bitcoin mining companies in Bitcoin mining. Stablecoins seek transparency to become competitive, with BlackRock buying $382 million worth in Bitcoin stocks in the mining sector. The biggest indicator in Bitcoin's ongoing bullrun test is the $50k price point on Friday.