BlackRock and Coinbase Chiefs Dismiss Fears of a Coming Crypto Winter

The New York TimesWednesday, December 3, 2025 at 7:36:28 PM
BlackRock and Coinbase Chiefs Dismiss Fears of a Coming Crypto Winter
  • Larry Fink, CEO of BlackRock, and Brian Armstrong, CEO of Coinbase, recently addressed concerns regarding a potential downturn in the cryptocurrency market, asserting their confidence in the asset's future. Their discussion, led by Andrew Ross Sorkin, highlighted the growing acceptance of cryptocurrencies in mainstream finance.
  • The endorsement from two prominent figures in finance and technology is significant as it may bolster investor confidence and encourage further institutional adoption of cryptocurrencies, which have faced skepticism in the past.
  • This dialogue occurs against a backdrop of evolving investment strategies, as BlackRock has recently shifted its focus towards AI funding and tokenization, indicating a broader trend among financial institutions to integrate advanced technologies and adapt to changing market dynamics.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Bessent Defends Trump’s Use of Tariffs, Says They Are Not Fueling Inflation
NeutralFinancial Markets
Treasury Secretary Scott Bessent defended former President Trump's use of tariffs during a discussion at The New York Times DealBook Summit, asserting that these import levies are not contributing to inflation. Bessent emphasized the administration's stance on tariffs amid ongoing economic debates.
Dario Amodei, Scott Bessent, Erika Kirk Among Speakers at DealBook Summit
NeutralFinancial Markets
The DealBook Summit featured prominent figures from finance and technology, including Treasury Secretary Scott Bessent, Dario Amodei, and Erika Kirk, with Andrew Ross Sorkin conducting interviews. This event serves as a platform for influential leaders to discuss pressing economic issues and policies.
BlackRock turns bearish on long-term Treasuries as AI funding wave looms
NegativeFinancial Markets
BlackRock has adopted a bearish stance on long-term Treasuries, indicating a shift in investment strategy as a wave of funding for artificial intelligence (AI) looms on the horizon. This decision reflects concerns about the potential impact of AI developments on market dynamics and interest rates.