Added by allcryptostaff
BlackRock CIO of Fixed Income Rick Rieder went on CNBC and said Cryptocurrency and Bitcoin is here to stay and Bitcoin will take the place of Gold as an inflation hedge. BlackRock is is the largest asset management firm on earth and these statements are very bullish for Bitcoin. Ripple CEO Brad Garlinghouse once again confirms he holds Bitcoin and that it's use case is a store of value. He tweeted "As a BTC holder, I want it to succeed & believe in its use case (store of value), same as I believe in XRP’s distinct use case (payments). This also means being aware of potential weaknesses (like mining control in China) for future progress. These two are NOT mutually exclusive."
- Crypto News