Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
BlackRock CEO Larry Fink, once a Bitcoin critic, now sees it as a hedge and potential portfolio asset, while BlackRock expands into crypto and asset tokenization.
The U.K. has officially made crypto a legally recognized third category of property after the Property (Digital Assets etc.) Act received Royal Assent on Tuesday.
Bank of America is opening the door for its 15,000 advisers to recommend a 1%–4% crypto allocation, signaling a wider Wall Street shift toward mainstream Bitcoin exposure.