Coinbase’s BlackRock Deal Could Lead to Bitcoin Explosion
Claims Analyst
Popular crypto analyst known as InvestAnswers has taken to his Youtube channel to smash the possibility of Bitcoin exploding to $773,000 with the recent partnership between Coinbase and BlackRock.
Coinbase-BlackRock Deal
Last week, the US-based cryptocurrency giant information
Announced its collaboration with the world’s largest asset manager – BlackRock, to bring cryptocurrency trading to BlackRock’s wealthy and institutional clients.
The news came at a great time for Coinbase, as the asset has suffered major losses over the past few months.
However, this cooperation may prove fruitful for other assets and the broad crypto space as well.
How could a transaction affect Bitcoin?
BlackRock’s institutional partners are excited about access to digital assets, and will now be able to easily manage their Bitcoin Orgin Information holdings.
The InvestAnswers host told his 443,000 Youtube subscribers that the partnership could move Bitcoin’s market value by at least $1 trillion.