Larry Fink, CEO of BlackRock, recently reaffirmed his strong belief in the long term value of Bitcoin, viewing it as one of the most notable financial innovations of the era. According to him, the most important application case for Bitcoin lies in its role as a modern “store of value” in the context of an increasingly unstable global economy.
He emphasized that Bitcoin provides a decentralized alternative to the traditional financial system, particularly appealing in areas affected by high inflation, currency devaluation, or geopolitical risks. Unlike fiat currency, Bitcoin does not rely on central banks or governments, allowing individuals to have greater financial autonomy.
Fink also believes that Bitcoin is gradually being seen by large institutions as a tool for diversifying portfolios and hedging against macro risks, playing an increasingly important role in the future of the global financial system.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CoinDesk 20 performance update: Bitcoin (BTC) trades flat while altcoins rise
The CoinDesk 20 Index shows an uptick of 0.7% to 1909.43, with 19 assets rising. NEAR and AVAX lead with gains of 5.8% and 3.6%, while BTC and XLM remain unchanged.
CoinDesk18m ago
CoinDesk 20: Bitcoin trades sideways, altcoins rise across the board
CoinDesk Indices reports daily market updates, highlighting leading and lagging cryptocurrencies in the CoinDesk 20 Index. The index currently stands at 1,909.43 points, up 0.7%, with 19 out of 20 assets in the green, led by NEAR and AVAX.
TapChiBitcoin31m ago
Maji Big Brother opened new BTC and HYPE long positions 4 hours ago, with a total position value of $15.77 million
Gate News update, April 3, Hyperbot data shows that Brother MaJi opened a 40x-leverage BTC long position 4 hours ago (position size: 11 BTC) and a 10x-leverage HYPE long position (position size: 10k HYPE). In addition, he also holds a 25x-leverage ETH long position (position size: 7,171 ETH). Currently, the total position value is $10k, with an unrealized loss of about $196k.
GateNews59m ago
Cardano Foundation asset allocation is diversified, with ADA’s share reduced to 51.6% and BTC’s share increased to 25.5%.
The latest report from the Cardano Foundation shows that its asset structure is shifting from reliance on ADA toward more diversified allocations. By the end of 2025, the ADA share is expected to fall to 51.6%, while the Bitcoin share increases to 25.5%. Total assets amount to CHF 287.5 million, down by about 45% compared with the end of 2024. The reserve system will move from a single token to a more diversified configuration.
GateNews1h ago
