{"id":9325,"date":"2025-01-23T15:46:59","date_gmt":"2025-01-23T15:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9325"},"modified":"2025-01-23T15:46:59","modified_gmt":"2025-01-23T15:46:59","slug":"wef-2025-blackrock-ceo-says-btc-can-reach-700000-binance-ceo-predicts-all-time-high-for-crypto-industry","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9325","title":{"rendered":"WEF 2025: Blackrock CEO Says BTC Can Reach $700,000, Binance CEO Predicts All-Time High For Crypto Industry"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">The <a href=\"https:\/\/www.weforum.org\/stories\/2025\/01\/heads-of-state-and-government-gathering-davos-2025-wef\/\" target=\"_blank\" rel=\"nofollow\">World Economic Forum<\/a> (WEF) meeting 2025 in Davos Switzerland, which is taking place from 20-24 January 2025, is seeing industry leaders convene under the theme of \u201cCollaboration for the Intelligent Age.\u201d<\/span><\/p>\n<p>In a video interview, <span style=\"font-weight: 400\">Larry Fink, the CEO of BlackRock, the world\u2019s largest asset management firm said, \u201cIf you\u2019re frightened of the debasement of your currency, or of the economic or political stability of your country, you can have an internationally based instrument called <a href=\"http:\/\/%5Bcoin-widget%20coin_id=%22btc-bitcoin%22%20link=%22https\/\/99bitcoins.com\/goto\/okx\/%22%20anchor=%22Buy%20Now!%22%20target=%E2%80%9C_blank%E2%80%9D%5D\" rel=\"nofollow nofollow\" target=\"_blank\">Bitcoin<\/a> that will overcome those local fears.\u201d <\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cI am a big believer of utilisation of that as an instrument,\u201d Fink said.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">*BLACKROCK\u2019S FINK: \u201cIf you\u2019re frightened of the debasement of your currency, or\u2026 of the economic or political stability of your country, you can have an internationally based instrument called Bitcoin that will overcome those local fears.. [BTC] could be $500k, $600k, $700k\u2026\u201d <a href=\"https:\/\/t.co\/HxDLWnbYz6\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/HxDLWnbYz6<\/a><\/p>\n<p>\u2014 Alex Thorn (@intangiblecoins) <a href=\"https:\/\/twitter.com\/intangiblecoins\/status\/1882093309507850634?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Talking about increasing portfolio allocation to crypto, Fink said,\u00a0\u201cI was with a sovereign wealth fund during this week and that was the conversation \u2014 \u2018should we have a 2% allocation, should we have a 5% allocation?\u2019 \u2014 if everyone adopted that conversation, it would be $500,000, $600,000, $700,000 per Bitcoin,\u201d <span style=\"font-weight: 400\">\u00a0<\/span><\/p>\n<p>Having said that Fink clarified that he is not promoting anything.<\/p>\n<p>Meanwhile, Binance CEO Richard Teng, another WEF 2025 participant said that he sees much clearer regulation in the US this year under the new Donald Trump administration. \u201cIf you look at past cycles, this year will be a year that we see a new all-time high for the crypto industry,\u201d said Teng <a href=\"https:\/\/www.cnbc.com\/2025\/01\/21\/bitcoin-will-hit-a-new-all-time-high-in-2025-binance-ceo-says.html\" target=\"_blank\" rel=\"nofollow\">in an interview.\u00a0<\/a><\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-hits-new-record-high-btc-rises-4-to-surge-past-109000\/\">Bitcoin Hits New Record High! BTC Rises 6% To Surge Past $109,000<\/a><\/strong><\/p>\n<h2 class=\"page-title\">BTC Surged Past $109,000 Days Before WEF 2025<\/h2>\n<p>On 20 January 2025, Bitcoin reached an all-time high breaching the $109,000 and surpassing previous records set during its bull runs.<\/p>\n<p>Analysts suggest that institutional investors and retail traders alike are contributing to Bitcoin\u2019s surge, further solidifying it\u2019s status as \u201cdigital gold.\u201d<\/p>\n<p>Moreover, Trump pledged to transform the US into the \u201ccrypto capital of the planet.\u201d He\u00a0also proposed creating a national reserve of Bitcoin. His administration is expected to reduce regulatory scrutiny on cryptocurrencies, which has been welcomed by industry players.<\/p>\n<p>Furthermore, Bitcoin outperformed all major asset classes in 2024, delivering a staggering +121.5% annual return.<\/p>\n<p>Bitcoin\u2019s fourth halving in 2024 marked a pivotal moment in the cryptocurrency market, initiating its fourth bull cycle.\u00a0However, the dynamics of this rally were shaped by unexpected macroeconomic and geopolitical events.<\/p>\n<p>From the approval of US spot Bitcoin ETFs to central bank rate cuts and Donald Trump\u2019s re-election, these factors propelled Bitcoin and the broader crypto market to new heights.<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-outperformed-major-asset-classes-in-2024-specifically-in-q4-coingecko-annual-report-finds\/\">Bitcoin Outperformed Major Asset Classes In 2024, Specifically In Q4, CoinGecko Annual Report Finds<\/a><\/strong><\/p>\n<h2 class=\"page-title\">56% Financial Advisors Will Embrace Crypto In 2025, Bitwise, VettaFi Survey Finds<\/h2>\n<p>A r<a href=\"https:\/\/bitwiseinvestments.com\/crypto-market-insights\/the-bitwise-vettafi-2025-benchmark-survey\" target=\"_blank\" rel=\"nofollow noopener nofollow\">ecent survey<\/a>\u00a0conducted by Bitwise Asset Management and VettaFi highlights a significant shift in attitudes, with 56% of financial advisors expressing interest in investing in cryptocurrencies this year.<\/p>\n<p>More interestingly, among advisors already allocating to crypto, 99% plan to maintain or increase their exposure in 2025.<\/p>\n<p>\u201cIf you had any doubt that 2024 was a massive inflection point for crypto, this year\u2019s Bitwise\/VettaFi survey dispels it,\u201d said Bitwise CIO Matt Hougan. \u201cAdvisors are awakening to crypto\u2019s potential like never before, and they\u2019re allocating like never before<\/p>\n<p><strong>Explore: <a href=\"https:\/\/99bitcoins.com\/news\/56-of-financial-advisors-embrace-crypto-in-2025-bitwise-vettafi-survey-finds-so-what-is-the-best-crypto-to-buy\/\">56% Financial Advisors Will Embrace Crypto In 2025, Bitwise, VettaFi Survey Finds. So, What Is The Best Crypto To Buy?<\/a><\/strong><\/p>\n<p>Moreover, an overwhelming 96% of advisors reported receiving inquiries about cryptocurrencies from clients in the past year, marking an all-time high for client interest.\u00a0Among advisors already allocating to crypto, 99% plan to maintain or increase their exposure in 2025.\u00a0For advisors who have not yet invested in crypto, 19% are considering doing so this year\u2014more than double the previous year\u2019s figure of 8%.<\/p>\n<p><strong>Explore:<a href=\"https:\/\/99bitcoins.com\/buy-bitcoin\/\">\u00a0How to Buy Bitcoin in 2025 \u2013 A Beginner\u2019s Guide<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/wef-2025-blackrock-ceo-says-btc-can-reach-700000-binance-ceo-predicts-all-time-high-for-crypto-industry\/\">WEF 2025: Blackrock CEO Says BTC Can Reach $700,000, Binance CEO Predicts All-Time High For Crypto Industry<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The World Economic Forum (WEF) meeting 2025 in Davos Switzerland, which is taking place from 20-24 January 2025, is seeing industry leaders convene under the theme of \u201cCollaboration for the Intelligent Age.\u201d In a video interview, Larry Fink, the CEO of BlackRock, the world\u2019s largest asset management firm said, \u201cIf you\u2019re frightened of the debasement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9325","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9325"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9325\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}