Larry Fink of BlackRock shifts from associating crypto with illicit activities to managing largest Bitcoin ETF. Fink’s views evolved as BlackRock gained billions in BTC exposure. Fink remains cautious on Bitcoin’s volatility, warning it’s an asset of fear and risky for traders. BlackRock’s iShares Bitcoin Trust ETF hit $70 billion peak value, but faced $2.3 billion in outflows in November. Other major Bitcoin ETFs include offerings from Grayscale, Bitwise, Fidelity, ARK 21Shares, Invesco Galaxy, and VanEck.

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Bitcoin hits a new all-time high of $63,000, fueled by growing institutional adoption and positive sentiment in the market. The cryptocurrency’s market cap surpasses $1 trillion for the first time, solidifying its position as a mainstream investment asset. Experts predict further growth as more companies add Bitcoin to their balance sheets.

Ethereum also sees a surge in value, reaching a new record high of $2,400 amid increased demand for decentralized finance applications and non-fungible tokens. The cryptocurrency’s market cap exceeds $280 billion, making it the second-largest digital asset by market capitalization. Analysts expect continued momentum as the Ethereum network undergoes upgrades to improve scalability and efficiency.

Dogecoin experiences a sharp decline in value, dropping by over 20% in response to Elon Musk’s appearance on “Saturday Night Live.” The cryptocurrency, which had previously surged to new highs on the back of Musk’s tweets, faces selling pressure as investors take profits. Despite the recent pullback, Dogecoin remains one of the most talked-about digital assets in the market.: Bitcoin is an ‘Asset of Fear‘; Softens Crypto Stance