- Yellen said cryptocurrency transactions were used "mainly for illicit financing."
Its too late for that ya dumb old bat!
BTC has big swings.
The FACT that it broke 20k after 2+ years in the dumps is a HUGE bullish signal.
the FACT that large institutions are investing in it is protection from Govt regulation
- BlackRock has authorized two of its funds to invest in bitcoin futures, according to filings with the SEC.
- The two funds are: BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund.
- Both funds are allowed to use only cash-settled
it likely will retrace all the way back to 20k on that journey