5 Minute Finance: ROCK.JPEG, Institutions Gain BTC Exposure, Stablecoins Mature

Written by thetokenist | Published 2021/09/03
Tech Story Tags: cryptocurrency | defi | digitalassets | cryptocurrency-news | newsletter | decentralized-finance | cryptocurrency-top-story | crypto

TLDR 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.via the TL;DR App

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Written by thetokenist | Latest blockchain, financial, and fintech news — everything that matters in the new era of finance.
Published by HackerNoon on 2021/09/03