Search results for "LARRY"
07:44

BlackRock executives claim that blockchain tokenization will drive transformation in financial infrastructure, with BUIDL reaching $2.3 billion.

BlackRock executives stated that the financial system is undergoing the largest infrastructure transformation since the emergence of electronic information technology in the 1970s, driven by blockchain-based tokenization technology. CEO Larry Fink and COO Rob Goldstein pointed out in an Economist column that the financial industry is "entering the next major transformation phase of market infrastructure," with tokenization expected to transfer assets in a faster and more secure manner. Tokenization records ownership of assets on a digital ledger, enabling trading and settlement of assets such as stocks, bonds, and real estate without the need for traditional intermediaries. BlackRock believes that this technology can expand the range of investable assets and achieve instant settlement, while replacing manual processes and customized settlement methods. Executives emphasize that tokenization will not immediately replace existing systems, but will serve as a "bridge" connecting traditional institutions with digital innovators.
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16:12

Google's stock price soars, with its two founders becoming the second and third richest people in the world.

According to Jinse Finance, recently, Oracle founder Larry Ellison has experienced a significant decrease in wealth, while Google's two founders Larry Page and Sergey Brin have seen their personal fortunes rise. In the latest real-time Forbes billionaire rankings, Larry Page and Sergey Brin have personal fortunes of $268.4 billion and $248.8 billion, respectively, making them the second and third richest people in the world. Data shows that since the beginning of the year, Google's stock price has risen by as much as 73%, and the company's total market capitalization has soared to around $4 trillion.
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12:16

Tom Lee: ETH may have bottomed out, and it is expected to突破 $7000 in Q1 2026.

Fundstrat Chief Investment Officer Tom Lee stated that the bottom for ETH may have already formed. Previously, ETH tested the 2,800 USD support level and quickly rebounded to above 3,000 USD at the time of writing. Tom Lee told reporters during an interview with CNBC that he remains optimistic about Ethereum, as the network is undergoing significant innovations, including the creation of stablecoins, and Larry Fink and BlackRock's choice of Ethereum to tokenize real-world assets.
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22:00

Tether co-founder Brock Pierce once discussed Bitcoin with former U.S. Treasury Secretary Larry Summers.

According to a report by Jinse Finance, emails from Jeffrey Epstein show that cryptocurrency entrepreneur and stablecoin issuer Tether co-founder Brock Pierce discussed Bitcoin with former U.S. Treasury Secretary Larry Summers at Epstein's townhouse in Manhattan. According to the email content, Pierce claims to be the "most active investor in Bitcoin," while Summers expressed a cautious interest and noted that market volatility poses reputational risks.
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BTC-1.51%
08:58

BlackRock CEO Larry Fink: Crypto Assets are a hedge against currency devaluation.

Larry Fink, CEO of BlackRock, stated that if one believes that the currencies of various countries will depreciate, investing in crypto assets or gold is a wise move. He pointed out that crypto assets and gold are seen as effective hedging tools against currency depreciation and inflation, reflecting concerns about financial security.
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07:32

BlackRock CEO: Investors should continue to increase their holdings in U.S. assets.

Jin10 data reported on October 28th, BlackRock (BLK.N) CEO Larry Fink stated on Tuesday that investors should continue to increase their holdings in U.S. assets over the next 18 months, especially as funds have been consistently flowing back to the U.S. over the past two months. He mentioned at an investment conference in Riyadh: "Most global investors currently have a high proportion of holdings in the U.S., and for the next 18 months, the U.S. remains the most worthwhile place to maintain an overweight position."
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23:58

BlackRock CEO: Bitcoin is good, but it should not occupy too large a proportion in the investment portfolio.

Larry Fink, the CEO of BlackRock, stated in an interview that Bitcoin has a similar role as an alternative asset to gold. Although Bitcoin is not a bad asset, it should not occupy too large a proportion in a portfolio. He mentioned that half of the investment demand for BlackRock's Bitcoin ETF comes from retail investors, and most investors have not previously purchased iShares products.
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16:19

American technology and financial giants will accompany Trump on his second visit to the UK.

Jin10 data reported on September 9th, according to Sky News, NVIDIA CEO Jen-Hsun Huang is one of the business executives accompanying Trump on his state visit to the UK next week. Jen-Hsun Huang is expected to attend the state banquet hosted by King Charles of the UK at Windsor Castle. Sources indicated on Monday that OpenAI founder Sam Altman, BlackRock (BLK.N) CEO Larry Fink, and Blackstone Group (BX.N) CEO Stephen Schwarzman are also expected to attend this meeting.
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01:27

Harvard Business Review: Bitcoin will gradually replace gold as a significant part of the store of value.

Golden Finance reported that Bitcoin News published an article on platform X stating that the Harvard Business Review mentioned that some individuals, including BlackRock's Larry Fink, speculate that Bitcoin will gradually replace gold as a significant part of its use as a store of value. Currently, the market value of Bitcoin is slightly above $2.3 trillion, while the value of gold used for monetary purposes (including gold bars, coins, and central bank reserves) ranges from $7 trillion to $8 trillion. This means we are less than one-third away from reaching parity with gold for monetary purposes.
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01:11

Larry Fink, CEO of BlackRock, has been appointed as the interim co-chair of the World Economic Forum (WEF).

The World Economic Forum (WEF) is a convening institution of influential policymakers and industry leaders worldwide, and has now appointed BlackRock CEO Larry Fink as the interim co-chairman. Previously, the World Economic Forum had just undergone a highly anticipated internal review, clarifying the misconduct of founder Klaus Schwab, and laying the groundwork for a temporary leadership reshuffle as the organization adjusts its governance model.
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12:23

Sources: Trump's list of candidates for Fed chair expands to 11, including veteran Wall Street strategists.

According to a report by CNBC on August 13, two unnamed government officials revealed that the Trump administration is considering 11 candidates to succeed Fed Chairman Powell when his term ends in May next year, including three individuals who have never been publicly nominated before. These new members include Jefferies Chief Market Strategist David Zervos, former Fed Governor Larry Lindsey, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder. They are included in the consideration list alongside eight candidates previously confirmed by CNBC, which includes Fed Vice Chair Bowman, Fed Governor Waller, and Fed Vice Chair Jefferson. Officials also confirmed that the candidate list includes Mark Summers, who served as an economic advisor in the Bush administration, Dallas Fed President Logan, and former St. Louis Fed President Bullard. Officials described a "deliberative process".
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12:11

The Trump administration is considering 11 candidates to replace Fed Chair Powell.

According to ChainCatcher news and Jin10 reports, the Trump administration is considering 11 candidates to replace Fed Chair Jerome Powell, whose term will expire this May. Among the candidates are three previously undisclosed nominees: Jefferies Chief Market Strategist David Zervos, former Federal Reserve Board of Governors member Larry Lindsey, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder.
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TRUMP-1.67%
11:35

BlackRock CEO: Bitcoin is expected to reach $500,000 in 5-10 years.

According to ChainCatcher news, Coinpedia reports that BlackRock CEO Larry Fink stated: "We will see Bitcoin far exceed $500,000 in the next 5 to 10 years, which will be an asset worth over $10 trillion." This view reflects the increasing confidence of institutional investors in Bitcoin. Currently, there are 11 Bitcoin spot ETFs in the U.S. market, with a total assets under management of $118.59 billion, further promoting the mainstreaming process of Bitcoin.
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07:28

BlackRock CEO: Expects Bitcoin to reach $500,000 within 5-10 years

Larry Fink, CEO of BlackRock, predicts that Bitcoin will break through $500,000 in the next 5 to 10 years, with a market capitalization expected to reach $10 trillion. The US market already has 11 Bitcoin Spot ETFs, with a total Assets Under Management of $118.59 billion, and institutional investors' confidence in Bitcoin is increasing, driving its mainstream adoption.
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00:17

Celebrities such as Tom Brady and Larry David are basically exempt from the FTX lawsuit.

The judge dismissed most of the claims against the celebrities sued for promoting the now-defunct Crypto Assets exchange FTX. The involved celebrities include sports stars and comedians, and the judge indicated that the investors failed to prove that they were aware of the exchange's fraudulent activities, concluding that there was a lack of evidence to demonstrate the defendants' intent to deceive the investors.
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02:46

The CEO of BlackRock issues another warning about a recession in the U.S. economy, stating that the economic slowdown may change the Federal Reserve's tightening path.

Larry Fink, CEO of BlackRock, warned that the U.S. economy may have entered a recession, and the economic slowdown could lead the Federal Reserve (FED) to adjust its monetary policy, potentially impacting the Crypto Assets market. Fink has issued similar warnings multiple times, pointing out that economic pressures and intensified trade policies are the main driving factors.
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BTC-1.51%
02:36

BlackRock CEO: Economic recession may have already begun, but releasing new liquidity could become a catalyst for Crypto Assets.

Larry Fink, the CEO of BlackRock, has warned of a potential economic recession in the United States, pointing out that protectionist trade policies and rising economic pressures will be major driving factors. While this may disrupt traditional markets, it could be good news for Crypto Assets investors. An economic slowdown could lead to The Federal Reserve (FED) adjusting its policies, releasing new Liquidity, and becoming a catalyst for digital assets. His remarks align with predictions from other institutions on Wall Street, and there is an increasing number of traders in the industry predicting a recession in the U.S. economy.
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08:03

BlackRock CEO: Business leaders believe the U.S. may have fallen into a recession.

Golden Finance reported that BlackRock CEO Larry Fink expressed concerns about the tariff policies of the Trump administration during an interview. He pointed out that these policies would not only weaken the value of the dollar but would also plunge the U.S. economy into stagnation. Fink stated that most of the CEOs he has spoken to believe that the U.S. "may be in a recession." (CGTN)
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21:32

BlackRock CEO: Does not rule out the possibility of the market falling another 20%, but there are more buying opportunities.

Larry Fink, CEO of BlackRock, believes the U.S. economy remains unstable and could fall by another 20%, expressing concerns over inflation and rising interest rates; however, CEOs generally believe the U.S. is in recession and are skeptical about multiple rate cuts in 2025. Despite the uncertainty, long-term opportunities for buying should be seized. Fink has stated that market chaos is a buying opportunity and believes Bitcoin has the potential to become the global reserve currency.
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16:39

BlackRock CEO: Multiple corporate executives believe the U.S. may have already entered a recession, and if tariffs are implemented, it will exacerbate inflation.

BlockBeats news, on April 8, BlackRock CEO Larry Fink stated in an interview with Bloomberg that we will see "more signs of economic slowdown" in the coming months. Several executives he spoke with indicated that "we are likely already in a recession." Larry Fink also expressed concern that if "all proposed tariffs are ultimately implemented," it will further contribute to rising inflation.
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16:35

BlackRock CEO: The market may fall by 20%, and executives generally believe that the United States is in a recession.

Gate.io News bot message, BlackRock CEO Larry Fink expressed his views on the current market during an interview with Bloomberg reporter Erik Schatzker at the Economic Club of New York. He pointed out that there is a 20% fall potential in the market, but this presents a long-term investment opportunity. Fink revealed that the frequency of communication with clients has reached its highest level since March 2020. Despite the market's extreme volatility, the overall condition is "acceptable". He emphasized that the U.S. has shifted from a global stabilizing force to an unstable factor, expressing concerns about high inflation leading to interest rate hikes by the Federal Reserve, while also questioning the likelihood of multiple rate cuts within the year. According to Fink's feedback, most corporate executives he communicated with believe that the United States is already in a recession. Source: Bloomberg
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16:24

BlackRock CEO: The possibility of the Federal Reserve lowering interest rates four to five times this year is zero, and interest rates may rise.

BlockBeats news, on April 8, BlackRock CEO Larry Fink stated, "The market's 20% fall in three days has affected clients and may have a chain reaction. In the long run, this is more of a buying opportunity than a selling opportunity. The White House's actions will exacerbate inflation more than the market expects, and the possibility of the Federal Reserve cutting interest rates four to five times this year is zero, and interest rates may rise."
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16:18

BlackRock CEO: The possibility of the market falling again by 20% cannot be ruled out.

Odaily News Larry Fink, CEO of BlackRock, stated: I still do not rule out the possibility of the market falling again by 20%, but in the long run, there are more buying opportunities than selling opportunities. He previously mentioned that market chaos is a "buying opportunity" and referred to BTC as potentially becoming the next global reserve currency.
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04:23

Introduction to BlackRock, the world's largest asset management company, and its founder Larry Fink.

Gate.io News bot message, BlackRock is the world's largest asset management company, and its founder and CEO Larry Fink, aged 73, is known as the "king of Wall Street" in the financial industry. BlackRock holds the largest shareholder position in nearly 900 publicly traded companies on the New York Stock Exchange and NASDAQ, including well-known companies such as Boeing, BHP, Total, Unilever, Barclays, U.S. Steel, and Alcoa. Among the 40 major listed companies included in the DAX 40 index in Germany, BlackRock is the largest shareholder of 13 of these companies, which include Siemens, BASF, Deutsche Bank, Deutsche Börse, Bayer, Adidas, and others. Source of information: Tencent Prism
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BOT-6.41%
00:32

BlackRock CEO warns: Bitcoin and other digital assets may impact the global position of the US dollar

According to the Gate.io News bot, Beincrypto reported that BlackRock CEO Larry Fink recently published an open letter, pointing out that Bitcoin and Crypto Assets could affect the international status of the US dollar, especially when investors use Bitcoin as a Hedging tool against US dollar inflation, which could lead to serious issues. Larry Fink emphasized that the United States has long benefited from the global reserve currency status of the dollar, but this advantage is not permanent. He predicts that by 2030, mandatory government spending and debt repayments will exhaust federal revenues, and if the U.S. cannot control its debt, digital assets like Bitcoin may replace the dollar's status. At the same time, Fink expressed his support for the Crypto Assets industry, particularly optimistic about the development of asset tokenization. He believes that digital native infrastructure will improve and democratize the traditional financial ecosystem, but also warns that if not managed properly, encryption could pose risks to the US economy.
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00:01

BlackRock CEO: The market is underestimating inflation

BlockBeats news, on March 12, according to Reuters, Larry Fink, CEO of BlackRock, said at the CERAWeek conference that the US's nationalist policies (such as worker expulsion) will drive up inflation. The market underestimates inflation, and costs will further rise in the next 6 to 9 months, for example, large-scale expulsions may affect agricultural labor. He also warned the Trump team that AI data center construction will face a shortage of electricians.
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21:47

BlackRock CEO: US Nationalist Policies Will Push Up Inflation

BlockBeats news, on March 12th, according to Reuters, BlackRock CEO Larry Fink said at the CERAWeek conference that due to the nationalist policies currently implemented in the United States, including large-scale expulsion of immigrants, inflation will continue to rise in the next 6 to 9 months, and the market seems to underestimate the inflation risk.
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01:04
CoinWorld reported that on January 29, according to Forbes, the prices of BTC and Crypto Assets temporarily stabilized after a near-collapse yesterday, but market sentiment remains tense. The sudden dumping earlier triggered investors' concerns about a "financial crisis". The BTC price once fell sharply to around $100,000, then rebounded to about $102,000, but the overall market is still sluggish. Despite a major announcement about a sovereign wealth fund from Larry Fink, CEO of BlackRock, market sentiment remains weak.
BTC-1.51%
16:49
Nvidia's NVDA.O stock price fell nearly 17% in a big dump, resulting in a record $589 billion loss in market capitalization. According to Forbes, the net worth of the company's CEO and largest individual shareholder, Jensen Huang, shrank by $20.8 billion at the close, falling from $124.4 billion to $103.7 billion, and from 10th to 17th place on the real-time billionaire list. Oracle's ORCL.N fell 14%, with Chairman Larry Ellison's net worth shrinking by $27.6 billion, dropping from third to fifth place on the global rich list. Bloomberg's Billionaires Index shows that the world's top 500 billionaires collectively lost $108 billion on Monday, with the tech industry giants' wealth evaporating by $94 billion, accounting for approximately 85% of the total fall in the index.
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13:39

Forbes: BTC and the crypto market welcome the major impact of the Federal Reserve's Interest Rate decision

BlockBeats news, on January 29th, according to Forbes, BTC and Cryptocurrency prices temporarily stabilized after yesterday's near-collapse, but market sentiment remains tense. The sudden dumping earlier triggered investors' concerns about 'financial crisis.' The BTC price once sharply fell to around $100,000, then rebounded to about $102,000, but the overall market is still sluggish. Despite BlackRock CEO Larry Fink
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07:50
BlackRock CEO Larry Fink said he hopes to "approve the tokenization of bonds and stocks as soon as possible".
06:02

BlackRock CEO: If the economy continues to perform strongly, the Fed may raise interest rates

BlackRock CEO Larry Fink believes that despite the possibility of a rate cut by the Federal Reserve, it is also possible to raise interest rates if the economy remains strong. He warns that labor shortages, wage pumps, and material shortages could lead to sustained inflation. While he describes a strong corporate profit and optimistic labor market data, he expresses concerns about rising deficits and debt levels globally, stating that these factors could increase financing costs and push up long-term bond yields.
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04:40
On January 26th, BlackRock CEO Larry Fink said that it is possible to raise interest rates at some point in the next 12 months, but he also emphasized that this is not his core prediction, but rather a possibility he sees. He said that the bond market shows that inflation may be higher than people imagine, and if we look at the US Treasury market a year and a half ago, the US experienced very high inflation at the time.
04:38

BlackRock CEO Fink: BTC could even reach $700,000

Odaily Planet Daily News, Larry Fink, CEO of BlackRock, emphasized in an interview that BTC is a way to hedge against currency depreciation and instability, and predicted that BTC could reach $500,000, $600,000, or even $700,000.
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