Bitcoin price has jumped on the news that BlackRock Inc. has assembled a working group for the blockchain technology and cryptocurrencies. On Monday, BlackRock’s Chief Executive, Larry Fink, said in an interview with Reuters, that the asset-management giant has a working group studying the blockchain and cryptocurrency, but he didn’t expect such high investor demand. According to data from CoinMarketCap, bitcoin, the largest cryptocurrency by market cap, rose 4.58% to USD 6,6676.95 on Monday. Prices of other major cryptocurrencies, such as Ethereum and Bitcoin Cash, also jumped on the news. Recent developments in the market indicates that institutional investors’ involvement in cryptocurrency continued to increase. Just last year, CME Group and the CBOE launched bitcoin futures products. Chineseinvestors.com Inc. (OTC: CIIX), Bitcoin Investment Trust (OTC: GBTC), Overstock.com Inc. (NASDAQ: OSTK), Digatrade Financial Corp. (OTC: DIGAF), Digatrade Financial Corp. (OTC: DIGAF)
According to Reuters, Chris Yoo, a Portfolio Manager at Black Square Capital Management LLC, a hedge fund focused on the crypto space, said: “BlackRock exploring crypto assets comes as no surprise and is definitely a positive development for the crypto market. As the largest asset manager in the world, its interest in crypto assets could be a catalyst for upward price movement and encourage other asset managers, even with more conservative strategies, to seriously explore investing in the crypto space.”
Chineseinvestors.com Inc. (OTCQB: CIIX) just earlier today announced breaking news that, “the official launch of its new cryptocurrency trading courses offered through its newly established Bitcoin Trading Academy LLC.
The Company officially launched the following three-part course offering on July 7th, 2018:
Bitcoin Trading 101: Students are provided with a basic knowledge about Bitcoin including how to open and trade on different cryptocurrency trading platforms, how to set up a cryptocurrency wallet, futures trading strategies, both long and short, how to use Bitcoin Futures to properly hedge one’s Bitcoin portfolio, and how to properly use beginner-friendly trading techniques trading techniques.
Bitcoin Trading 201: The second course in the program focuses on coins such as Ethereum, including coins with significant underlying technology such as EOS, XLM, ADA and NEO, and altcoin trading platforms, such as Binance and Bittrex. In addition, this course will provide instruction on how to use information such as a coin’s underlying utility, current industry and sector news in combination with technical analysis in an effort to maximize returns; and effectively scrutinize and understand social media feeds.
Bitcoin Trading 301: Professional ICO analysts will teach students what to look for when vetting a new cryptocurrency offering, including how to read a white paper, analyze the professional teams and advisory boards associated with an offering, the role that technology, marketing, trends play and what pitfalls to avoid.
“We are pleased with the turn out for the first live course offerings in New York City and we expect even better attendance once the word spreads about this innovative cryptocurrency education opportunity. Courses are also offered online in English and Chinese. In addition, the Company plans to expand its live course offerings to Asia in the coming months,” says ChineseInvestors.com Inc., CEO Warren Wang.
Additional course information will be provided on http://www.bta168.io.”
