Crypto & News172 Views
BlackRock investing in African Gold mining to regulate Cryptocurrency : BitcoinETF vs Gold
Bitcoin price prediction $100K in 2024, BlackRock Gold Mining Investment, Bitcoin In US Election of 2024, African Gold Mining and Bitcoin ETFs, Gold ETF vs BitcoinETFs, BlackRock regulate Cryptocurrency backed By Gold.
Currently, it is being said in some financial, economic and currency reports that most of the gold mining in the world has now been making Bitcoin backed by BlackRock and hence in the future gold mining can be fully integrated with Bitcoin. Because till now we only know that Bitcoin is getting a lot of benefits from Blackrockās BitcoinETFs but till now despite the limited supply of Bitcoin, no significant increase has been seen in the Bitcoin price. So now this question arises: instead of BitcoinETF, BlackRock has now linked all its assets to gold mining because it is believed that BitcoinETFs have not shown any significant growth in Bitcoin prices. So now we have seen the inflow of Total Bitcoin ETF ($50B+), the last of which are firms with trillions of USD market caps, which are also making Bitcoin prices secure from $60K to $50K. But firms like BlackRock want to somehow make Bitcoin the most powerful currency so that the future of BlackRock investors remains secure in any kind of political instability in the world.
BlackRock has $100B+ in Stakes of Top Gold Mining Companies and Bitcoin ETFs
As of late, it has been reported that the BlackRock Gold ETF includes approximately $100B+ USD worth of Gold Mining, Gold Stock Exchanges, and Gold-Backed Securities. So far, the way global investment is increasing in Bitcoin ETF proves that BlackRock Gold ETF and Bitcoin ETF can merge by 2025. Because recently it has been said that BlackRock is now eyeing African gold discovery whose values āācan be set between gold and Bitcoin. Because now BlackRock is also considering investing money in top new-generation stocks which can also include AI Stocks, GoldāBacked Bitcoin, ETFs, and Gold Mining. Because approximately $1 trillion can be invested in new technology, which also includes cryptocurrency. Because GoldāBacked Bitcoin will be the most important step to make Bitcoin more profitable and global adoption which will be in great demand for BlackRock. Because for now, we can assume that the price of gold is increasing much faster than that of Bitcoin.
How Bitcoin will reach $100k in the year 2024 or after the US Election of 2024?
So now we ask you this question will Bitcoin be able to reach $100k USD in 2024, and due to The US election? āĀ So the solution is that unless the price of gold falls by more than $100 at a time, then we cannot be positive about Bitcoin. Because for now, Bitcoinās biggest competitors and challenges remain gold and real estate. Regarding interest rates, people around the world still believe that the US dollar may fall badly one day. But if the global war ends then a big fight will start between Gold and Bitcoin in which people will be forced to think who has the most limited supply. Because till now no big firm has said to give bitcoins instead of gold because right now they believe that everything will not be done with Bitcoin ETFs alone. Because to make Bitcoin a big asset globally, BlackRock is eyeing Global Gold Mining so that it can increase other investments from Gold to Bitcoin.