/biz/ - Business & Finance

>>50734444
>despite market downturn

Hedgies ready for mega slurp!

Mommy Cathie capitulated

>>50734509
that's actually pretty fucked. they waited for her to sell then slurped

>>50734444
checked. inb4 the Fed's strategic BTC reserve that becomes securitized and is a new yield instrument like the 10 year.

>>50734444
CHECKED, this is a HUGE deal boys. Strap the fuck in.

| BlackRock partnering with Coinbase to allow their "Top BlackRock clients" to be able to "use its Aladdin investment-management system to oversee their exposure to Bitcoin along with other portfolio assets such as stocks and bonds, and to facilitate financing and trading on Coinbase’s exchange"

>>50734444
Holy quads of 4’s wagmi

>>50734558
Aladdin is the most influential investment management system in the world. This is as institutional as it gets. Coinbase stock jumped 32% on this news and they had to halt trading

| "Our institutional clients are increasingly interested in gaining exposure to digital-asset markets and are focused on how to efficiently manage the operational life cycle of these assets,” Joseph Chalom, BlackRock’s global head of strategic ecosystem partnerships, said in the statement.

>>50734558
>>50734586
Some background on Blackrock Aladdin, it's the software used by the top institutional investors in the world, and has overwhelming influence over companies and culture. You may have heard about their infamous "ESG score" that Aladdin uses to control which companies get funding and which don't. Companies that have a lower ESG score in the Aladdin software get less investment from the largest investors in the US. Peter Thiel and Elon Musk have spoken out about this ESG scheme, how it's basically just a globalist plot to implement public-private partnership communism and control culture worldwide. According to Thiel, Aladdin is the tool used by the "finance gerontocracy that runs the country through whatever silly virtue signaling slash hate factory term like ESG they have", and Elon just outright called ESG a "scam" after Tesla was given a lower rating than gas companies like Shell corp. You can kind of glean how huge Aladdin's influence is from how these SV tech billionaires react to it. It has also been interesting to observe this growing schism between the traditional finance (wallstreet) players (blackrock, blackstone, aladdin, banks) and the up-and-coming Silicon Valley tech players like Elon, Thiel, and Marc Andreessen.

>>50734558
>>50734586
>>50734602
Another revealing point is that Peter Thiel, speaking at BTC miami earlier this year, named BlackRock CEO Larry Fink as one of the key enemies to Bitcoin: https://www.rt.com/business/553531-bitcoin-enemy-omaha-grandpa/

| Speaking at the Bitcoin 2022 conference in Miami Beach on Thursday, Thiel said that Berkshire Hathaway’s Warren Buffett was “enemy number one.” He described the investment icon as a “sociopathic grandpa from Omaha.”

Next up on the crypto-unfriendly list are JPMorgan chief executive Jamie Dimon and BlackRock CEO Larry Fink.

“These names on my list stand in the way of Bitcoin’s progress. These are the things we have to fight for to get Bitcoin to go 10x or 100x from here,” said Thiel, who has been claiming that digital currencies could supplant the current financial system.

So it's particularly interesting how BlackRock is now caving in and embracing Coinbase + Bitcoin specifically. According to Thiel above, BlackRock's past aversion to Bitcoin is what kept it from going "10x or 100x from here"... Soooo floodgates = breaking?

>>50734558
>>50734586
>>50734602
>>50734619
| The focus of the partnership with Coinbase, the biggest US crypto-trading platform, “will initially be on Bitcoin,” BlackRock said. The move underscores how Wall Street’s traditional financial players are expanding deeper into crypto and related technologies

I am insanely bullish, this is HUGE >>50734545
BUY. EVERY. DIP.

>>50734586
>institutions are here to save us!!!
>yes goyim we are here to save you indeed
My brother in Christ don't kid yourself, time to market sell everything, this is the beginning of the end and your paragraphs of copium will not get you anywhere

>>50734444
Goodbye volatility, let's hope for a last bullrun at least

They just want to control Bitcoin fags.
If you own enough of the stuff you can make it go whichever way you want.

>>50734662
classic doomposter

>>50734685
that's already been happening. another player is entering the gayme

>>50734662
Institutional investors have not been able to buy Bitcoin, until now. Guess who they're going to be buying from? Me. See what I wrote above, and it's not even my argument, it's Peter Thiel's.

>>50734619
>So it's particularly interesting how BlackRock is now caving in and embracing Coinbase + Bitcoin specifically. According to Thiel above, BlackRock's past aversion to Bitcoin is what kept it from going "10x or 100x from here"... Soooo floodgates = breaking?

Oh so NOW you chucklefucks like BlackRock.

>>50734444
Bearish.They can dump it ever more.

Nothing good about “institutional investors”

>>50734765
Believe what you want, just promise you won't come crying here when your corpse is hurled atop the mountain of dead bodies of all the previous chumps who sincerely believed "Blackrock is my friend because they are black and they are a rock and they have money that they will give to me, for free"

They also posted similarly worded paragraphs of copium of how this time, AT LAST, THINGS WILL GO MY WAY FINALLY I AM A WINNER

>>50734662
Are you suggesting that Blackrock buying BTC will drive the price down? If so, please explain this process for us.

>>50734545
>new security
Given high inflation, the government may want to support an institution that enables people to put their money away in investments...

>>50734884
Black rock won’t be buying btc right now. This just opens up the path and technical hurdle to allow investors like sovereign wealth funds to buy spot btc. There are trillions of dollars that are untapped in that segment. We are talking billions of dollars of peoples pensions.

>>50734855
>no argument

Why don't you answer this shlomo?
>>50734884
>Are you suggesting that Blackrock buying BTC will drive the price down? If so, please explain this process for us.

>>50734885
ding ding ding. BTC was a gift to central banking's otherwise totally fucked future. now profit from it.

>>50734662
>My brother in Christ
Praying you kill yourself this year

>>50735042
In the year of our lord, no.

>>50734444
quads of truth

>>50734444
Kek, yet another "scrappy independent government having libertarians embrace the machine when convenient" moment.

>>50735251
Go back (to the Gulch).

>>50735251
This is a business and finance board.

>>50734444
>Nwo doesn't ex-
All those "beings" made was parasite existing projects and attacked crypto to asimilate it, link, eth, coinbase, the other company, the jewish "kid"
How to gatekeep this shit? No rl millionaires allowed?

>>50734444
dangerously underchecked quads
bumping 4's of truth

>be me, blackrock boss
>hate crypto retards with a passion
>idea.jpg
>announce partnership with coinbase
>crypto bulls rejoice
>coinbase +30%
>market sell coinbase stocks and use profits to short the shit out of it
>a week later: “sorry anons, we changed our mind, the partnership is not happening”
>instant profits in both directions
>crypto tanks even harder
>wipes out those who bought to sell to me like I’m some kind of idiot
>just another tuesday

>>50734444
What would happen to the Coinbase Stock if lets say Binance bought Coinbase?

>>50734444
Here’s your decentralized currency without jewish influence bro

>>50735747
Everyday I have more respect for the Jews. If retards handed you money, would you turn it down?

>>50735830
>eat the bugs and live in the pod
“Jeez surely nobody will be dumb enough to ever go along with something like that.”
>blackrock infiltrates crypto and some schmuck posts a ten paragraph essay on how this is a great thing, welcoming them with open arms
“Welp.”

>suddenly all Coinbase FUD posts are nowhere to be seen
really makes you think.

>>50735914
they fail to understand that we are already immunized against this sort of behavior due to the cauldron that is altcoin investing

but on the downside of this news this does mean that the worst case no bobo scenario is in play
from this point on btc and crypto will no longer have clear cycles and the price will be totally controlled by the big boys so neets are no longer competitive
they will paint the flags to go wherever they want
at this point in the next run you need to make it to passive income living and be a perma hodler for trading is going to get you rekt
also look for the next shoe to drop where only registered entities like blackrock can offer leverage in crypto they will go after all leverage providing cex'es binance first

>>50735985
like the big boys didnt already control it le sigh

>>50736285
everything we have seen has been whales and exchanges fucking over retail
now we get to see blackrock fuck over retail with infinite cash naked shorts/longs, its going to dialed up to eleven

>>50734460
>>50734538
lol they're not buying bitcoin, they're going to get in on the transaction fees

>>50736588
lol did you read the headline?

>>50734509
I need Cathie capitulation r34

It's over

>>50736588
retard

>>50734444
>2022
>he hasn't switched to kraken
lol Jesse is literally /ourguy/ - no other exchange CEO would be picrel honest with you

>>50734444
>despite
Because of, more likely
Also checked

>>50734444
checked

>OMG GUYS THIS IS SO GREAT INSTEAD OF BECOMING FREE FROM THE CENTRAL BANKS WERE SLAVES AGAIN WOOOOOOOOOOOOOO

>>50735747
They can even use the SEC stuff to justify why backing out of the partnership.

kek

>>50734444

BTC = PONZI SCAM

>KYS FAG

>>50734444
BLUUUUR BLUB BLUUBL UUUUUUUUU BUUBURBL BUBLUBUBR BURBL BUBRURBBRLLL BUBRBLL

If they listed zhao nothing bad would be happening to 'em.

>>50743188
these whaleanon insidoor threads are the worst.

Kathiebros, I feel sick... She sold the fucking bottom.

>>50743238
And that's not even her...

>>50734765
>>50734945
Check the chart, brainlet.

>>50734945
the argument is simple:
1) Blackrock is globalist scum
2) Blackrock is not my friend
3) Peter Thiel is not my friend
4) Whatever insanely convoluted scheme (((((they))))) are involved in, it is in my interest to oppose it

So please, take your "The move underscores how Wall Street’s traditional financial players are expanding deeper into crypto and related technologies I am insanely bullish, this is HUGE" and shove it up your ass, people like you make me sick. blinded by greed, you invite them right into the last safe refuge we have, all for the promise of a few grubby shekels

>>50743205
btw coinbase is insolvent

>>50735830
>>50735896
If they can manipulate it they will

>>50736718
yeah I too just bought some 'bitcoin' it's called xrp

>>50743238
if you filter all memey top and bottom signals by 'contains women', you become a wizard

>>50734619
Anon, they're going to accumulate and then obliterate crypto.
Get whatever you need ready for the final run before it's over

>>50743326
coinbase is insolvent
which is why blackrock trusted them with billions
what fools

>>50734444
Coinbase took the poison pill. They're really fucked now.

>>50734602
ESG score... Could that Chainlink Roastie video they put out a few days ago be a message?

>>50735251
>blackrock is going to personally pump your and my bags, further enriching racist incels and neets alike
Their donation knocks a second off of their inevitable torture session.

>>50734444
meh, this is for plebs
the real cables is: blackrock will hang for sponsoring shmovid and interfering in 2020 elections, among thousands of other crimes

>>50743310
thats incredibly based, anon
cheers!

>>50734444
So...are we at "institutional investors" at that chart then?

>>50740460
He's so pure. I wish he a secret base somewhere where he could trade operations how he wished.

Blackrock's Aladdin

https://youtu.be/AWBRldjVzuM

>>50734884
yes it will
they))) buy cheapies and cheapies only therefore a crash is imminent
you have been warned

>>50734444
This partnership could contribute greatly to mass adoption. I have my eyes on ORE Network as well which is giving its own push for mass adoption by simplifying the complexities of blockchains.

>>50744996
Kek, if only we were.

>>50745995
mass adoption of what, exactly?

>>50734444
well, what partner does Binance have? I'm thinking about switching platforms now that Coinbase has this monolithic backer on their side

>>50743988
>Could that Chainlink Roastie video they put out a few days ago be a message?
link?

>>50743988
here is a good right up on esg's if you read the full one has a list of names

>>50734558
what color is your bugahee

>>50746219
https://twitter.com/savetheworld141/status/1530430817146642433?s=21&t=RYGTqSi-wfmqMPtEs5pw2A&fbclid=IwAR0pPwwd_TPPvYoYG_ePQdSekvA-4oisXFr_qKskv7uucCn6ORx2htLfNGQ

>>50734444
>quads of death
lmao

>>50746223
White