January 5 BTCUSD BingX Chart Analysis and Today's Headline
BingX’s Bitcoin Chart
Bitcoin has hit the resistance level of $17,000 twice in a row, and it still has not successfully broken through. At present, Bitcoin has risen and fallen back, but there is still the possibility of a rebound in the short term. If Bitcoin starts a rally, its sustainability will be crucial. This determines whether Bitcoin can break through the current narrow consolidation range to gain more upward momentum.
Today’s Cryptocurrency Headline
BlackRock Adds Bitcoin to Its Global Allocation Fund Portfolio
Asset management giant BlackRock has added bitcoin to the portfolio of its BlackRock Global Allocation Fund, Trustnode reported. BlackRock said in a filing that the fund may invest in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission. It was one of the first general funds to add bitcoin to its portfolio. It is reported that the BlackRock Global Allocation Fund invests in stocks, bonds and short-term securities of corporate and government issuers on a global scale, without prescribed restrictions.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Bitcoin has hit the resistance level of $17,000 twice in a row, and it still has not successfully broken through. At present, Bitcoin has risen and fallen back, but there is still the possibility of a rebound in the short term. If Bitcoin starts a rally, its sustainability will be crucial. This determines whether Bitcoin can break through the current narrow consolidation range to gain more upward momentum.
Today’s Cryptocurrency Headline
BlackRock Adds Bitcoin to Its Global Allocation Fund Portfolio
Asset management giant BlackRock has added bitcoin to the portfolio of its BlackRock Global Allocation Fund, Trustnode reported. BlackRock said in a filing that the fund may invest in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission. It was one of the first general funds to add bitcoin to its portfolio. It is reported that the BlackRock Global Allocation Fund invests in stocks, bonds and short-term securities of corporate and government issuers on a global scale, without prescribed restrictions.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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