Search results for "LARRY"
12:23

Sources: Trump's list of candidates for Fed chair expands to 11, including veteran Wall Street strategists.

According to a report by CNBC on August 13, two unnamed government officials revealed that the Trump administration is considering 11 candidates to succeed Fed Chairman Powell when his term ends in May next year, including three individuals who have never been publicly nominated before. These new members include Jefferies Chief Market Strategist David Zervos, former Fed Governor Larry Lindsey, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder. They are included in the consideration list alongside eight candidates previously confirmed by CNBC, which includes Fed Vice Chair Bowman, Fed Governor Waller, and Fed Vice Chair Jefferson. Officials also confirmed that the candidate list includes Mark Summers, who served as an economic advisor in the Bush administration, Dallas Fed President Logan, and former St. Louis Fed President Bullard. Officials described a "deliberative process".
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12:11

The Trump administration is considering 11 candidates to replace Fed Chair Powell.

According to ChainCatcher news and Jin10 reports, the Trump administration is considering 11 candidates to replace Fed Chair Jerome Powell, whose term will expire this May. Among the candidates are three previously undisclosed nominees: Jefferies Chief Market Strategist David Zervos, former Federal Reserve Board of Governors member Larry Lindsey, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder.
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11:35

BlackRock CEO: Bitcoin is expected to reach $500,000 in 5-10 years.

According to ChainCatcher news, Coinpedia reports that BlackRock CEO Larry Fink stated: "We will see Bitcoin far exceed $500,000 in the next 5 to 10 years, which will be an asset worth over $10 trillion." This view reflects the increasing confidence of institutional investors in Bitcoin. Currently, there are 11 Bitcoin spot ETFs in the U.S. market, with a total assets under management of $118.59 billion, further promoting the mainstreaming process of Bitcoin.
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07:28

BlackRock CEO: Expects Bitcoin to reach $500,000 within 5-10 years

Larry Fink, CEO of BlackRock, predicts that Bitcoin will break through $500,000 in the next 5 to 10 years, with a market capitalization expected to reach $10 trillion. The US market already has 11 Bitcoin Spot ETFs, with a total Assets Under Management of $118.59 billion, and institutional investors' confidence in Bitcoin is increasing, driving its mainstream adoption.
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00:17

Celebrities such as Tom Brady and Larry David are basically exempt from the FTX lawsuit.

The judge dismissed most of the claims against the celebrities sued for promoting the now-defunct Crypto Assets exchange FTX. The involved celebrities include sports stars and comedians, and the judge indicated that the investors failed to prove that they were aware of the exchange's fraudulent activities, concluding that there was a lack of evidence to demonstrate the defendants' intent to deceive the investors.
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02:46

The CEO of BlackRock issues another warning about a recession in the U.S. economy, stating that the economic slowdown may change the Federal Reserve's tightening path.

Larry Fink, CEO of BlackRock, warned that the U.S. economy may have entered a recession, and the economic slowdown could lead the Federal Reserve (FED) to adjust its monetary policy, potentially impacting the Crypto Assets market. Fink has issued similar warnings multiple times, pointing out that economic pressures and intensified trade policies are the main driving factors.
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02:36

BlackRock CEO: Economic recession may have already begun, but releasing new liquidity could become a catalyst for Crypto Assets.

Larry Fink, the CEO of BlackRock, has warned of a potential economic recession in the United States, pointing out that protectionist trade policies and rising economic pressures will be major driving factors. While this may disrupt traditional markets, it could be good news for Crypto Assets investors. An economic slowdown could lead to The Federal Reserve (FED) adjusting its policies, releasing new Liquidity, and becoming a catalyst for digital assets. His remarks align with predictions from other institutions on Wall Street, and there is an increasing number of traders in the industry predicting a recession in the U.S. economy.
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08:03

BlackRock CEO: Business leaders believe the U.S. may have fallen into a recession.

Golden Finance reported that BlackRock CEO Larry Fink expressed concerns about the tariff policies of the Trump administration during an interview. He pointed out that these policies would not only weaken the value of the dollar but would also plunge the U.S. economy into stagnation. Fink stated that most of the CEOs he has spoken to believe that the U.S. "may be in a recession." (CGTN)
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21:32

BlackRock CEO: Does not rule out the possibility of the market falling another 20%, but there are more buying opportunities.

Larry Fink, CEO of BlackRock, believes the U.S. economy remains unstable and could fall by another 20%, expressing concerns over inflation and rising interest rates; however, CEOs generally believe the U.S. is in recession and are skeptical about multiple rate cuts in 2025. Despite the uncertainty, long-term opportunities for buying should be seized. Fink has stated that market chaos is a buying opportunity and believes Bitcoin has the potential to become the global reserve currency.
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16:39

BlackRock CEO: Multiple corporate executives believe the U.S. may have already entered a recession, and if tariffs are implemented, it will exacerbate inflation.

BlockBeats news, on April 8, BlackRock CEO Larry Fink stated in an interview with Bloomberg that we will see "more signs of economic slowdown" in the coming months. Several executives he spoke with indicated that "we are likely already in a recession." Larry Fink also expressed concern that if "all proposed tariffs are ultimately implemented," it will further contribute to rising inflation.
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16:35

BlackRock CEO: The market may fall by 20%, and executives generally believe that the United States is in a recession.

Gate.io News bot message, BlackRock CEO Larry Fink expressed his views on the current market during an interview with Bloomberg reporter Erik Schatzker at the Economic Club of New York. He pointed out that there is a 20% fall potential in the market, but this presents a long-term investment opportunity. Fink revealed that the frequency of communication with clients has reached its highest level since March 2020. Despite the market's extreme volatility, the overall condition is "acceptable". He emphasized that the U.S. has shifted from a global stabilizing force to an unstable factor, expressing concerns about high inflation leading to interest rate hikes by the Federal Reserve, while also questioning the likelihood of multiple rate cuts within the year. According to Fink's feedback, most corporate executives he communicated with believe that the United States is already in a recession. Source: Bloomberg
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16:24

BlackRock CEO: The possibility of the Federal Reserve lowering interest rates four to five times this year is zero, and interest rates may rise.

BlockBeats news, on April 8, BlackRock CEO Larry Fink stated, "The market's 20% fall in three days has affected clients and may have a chain reaction. In the long run, this is more of a buying opportunity than a selling opportunity. The White House's actions will exacerbate inflation more than the market expects, and the possibility of the Federal Reserve cutting interest rates four to five times this year is zero, and interest rates may rise."
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16:18

BlackRock CEO: The possibility of the market falling again by 20% cannot be ruled out.

Odaily News Larry Fink, CEO of BlackRock, stated: I still do not rule out the possibility of the market falling again by 20%, but in the long run, there are more buying opportunities than selling opportunities. He previously mentioned that market chaos is a "buying opportunity" and referred to BTC as potentially becoming the next global reserve currency.
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04:23

Introduction to BlackRock, the world's largest asset management company, and its founder Larry Fink.

Gate.io News bot message, BlackRock is the world's largest asset management company, and its founder and CEO Larry Fink, aged 73, is known as the "king of Wall Street" in the financial industry. BlackRock holds the largest shareholder position in nearly 900 publicly traded companies on the New York Stock Exchange and NASDAQ, including well-known companies such as Boeing, BHP, Total, Unilever, Barclays, U.S. Steel, and Alcoa. Among the 40 major listed companies included in the DAX 40 index in Germany, BlackRock is the largest shareholder of 13 of these companies, which include Siemens, BASF, Deutsche Bank, Deutsche Börse, Bayer, Adidas, and others. Source of information: Tencent Prism
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00:32

BlackRock CEO warns: Bitcoin and other digital assets may impact the global position of the US dollar

According to the Gate.io News bot, Beincrypto reported that BlackRock CEO Larry Fink recently published an open letter, pointing out that Bitcoin and Crypto Assets could affect the international status of the US dollar, especially when investors use Bitcoin as a Hedging tool against US dollar inflation, which could lead to serious issues. Larry Fink emphasized that the United States has long benefited from the global reserve currency status of the dollar, but this advantage is not permanent. He predicts that by 2030, mandatory government spending and debt repayments will exhaust federal revenues, and if the U.S. cannot control its debt, digital assets like Bitcoin may replace the dollar's status. At the same time, Fink expressed his support for the Crypto Assets industry, particularly optimistic about the development of asset tokenization. He believes that digital native infrastructure will improve and democratize the traditional financial ecosystem, but also warns that if not managed properly, encryption could pose risks to the US economy.
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00:01

BlackRock CEO: The market is underestimating inflation

BlockBeats news, on March 12, according to Reuters, Larry Fink, CEO of BlackRock, said at the CERAWeek conference that the US's nationalist policies (such as worker expulsion) will drive up inflation. The market underestimates inflation, and costs will further rise in the next 6 to 9 months, for example, large-scale expulsions may affect agricultural labor. He also warned the Trump team that AI data center construction will face a shortage of electricians.
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21:47

BlackRock CEO: US Nationalist Policies Will Push Up Inflation

BlockBeats news, on March 12th, according to Reuters, BlackRock CEO Larry Fink said at the CERAWeek conference that due to the nationalist policies currently implemented in the United States, including large-scale expulsion of immigrants, inflation will continue to rise in the next 6 to 9 months, and the market seems to underestimate the inflation risk.
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01:04
CoinWorld reported that on January 29, according to Forbes, the prices of BTC and Crypto Assets temporarily stabilized after a near-collapse yesterday, but market sentiment remains tense. The sudden dumping earlier triggered investors' concerns about a "financial crisis". The BTC price once fell sharply to around $100,000, then rebounded to about $102,000, but the overall market is still sluggish. Despite a major announcement about a sovereign wealth fund from Larry Fink, CEO of BlackRock, market sentiment remains weak.
BTC0.31%
16:49
Nvidia's NVDA.O stock price fell nearly 17% in a big dump, resulting in a record $589 billion loss in market capitalization. According to Forbes, the net worth of the company's CEO and largest individual shareholder, Jensen Huang, shrank by $20.8 billion at the close, falling from $124.4 billion to $103.7 billion, and from 10th to 17th place on the real-time billionaire list. Oracle's ORCL.N fell 14%, with Chairman Larry Ellison's net worth shrinking by $27.6 billion, dropping from third to fifth place on the global rich list. Bloomberg's Billionaires Index shows that the world's top 500 billionaires collectively lost $108 billion on Monday, with the tech industry giants' wealth evaporating by $94 billion, accounting for approximately 85% of the total fall in the index.
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13:39

Forbes: BTC and the crypto market welcome the major impact of the Federal Reserve's Interest Rate decision

BlockBeats news, on January 29th, according to Forbes, BTC and Cryptocurrency prices temporarily stabilized after yesterday's near-collapse, but market sentiment remains tense. The sudden dumping earlier triggered investors' concerns about 'financial crisis.' The BTC price once sharply fell to around $100,000, then rebounded to about $102,000, but the overall market is still sluggish. Despite BlackRock CEO Larry Fink
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07:50
BlackRock CEO Larry Fink said he hopes to "approve the tokenization of bonds and stocks as soon as possible".
06:02

BlackRock CEO: If the economy continues to perform strongly, the Fed may raise interest rates

BlackRock CEO Larry Fink believes that despite the possibility of a rate cut by the Federal Reserve, it is also possible to raise interest rates if the economy remains strong. He warns that labor shortages, wage pumps, and material shortages could lead to sustained inflation. While he describes a strong corporate profit and optimistic labor market data, he expresses concerns about rising deficits and debt levels globally, stating that these factors could increase financing costs and push up long-term bond yields.
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04:40
On January 26th, BlackRock CEO Larry Fink said that it is possible to raise interest rates at some point in the next 12 months, but he also emphasized that this is not his core prediction, but rather a possibility he sees. He said that the bond market shows that inflation may be higher than people imagine, and if we look at the US Treasury market a year and a half ago, the US experienced very high inflation at the time.
04:38

BlackRock CEO Fink: BTC could even reach $700,000

Odaily Planet Daily News, Larry Fink, CEO of BlackRock, emphasized in an interview that BTC is a way to hedge against currency depreciation and instability, and predicted that BTC could reach $500,000, $600,000, or even $700,000.
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18:58

BlackRock CEO: High inflation is the 'greatest risk' globally; going against Davos always pays off.

BlackRock CEO Larry Fink said at the World Economic Forum in Davos that investors are too quick to assume that the peak of inflation has passed, and a high inflation situation is likely to occur; in terms of AI investment, building data centers requires a large amount of funding from the private sector, Fink said the private sale market needs to follow the power supply of data centers, mainly powered by natural gas in the short term.
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01:31

10x Research: MicroStrategy's stock price underperforms, indicating investors are no longer willing to buy BTC at $200,000 or higher implied prices.

Golden Finance reported that 10x Research recently emphasized that MicroStrategy's valuation has been too high. Investors are paying a significant premium for indirect exposure to BTC, rather than as a true leveraged investment in BTC. Despite the large acquisition of Bitcoin, the stock has not performed well, indicating that investors are no longer willing to buy BTC through MicroStrategy at an implied price of $200,000 (or higher), and can instead buy at a lower price directly. This indicates that stock investors are no longer willing to support MicroStrategy with inflated NAV. This shift underscores investors' increasingly rational attitude, as they had previously accepted the unofficial term of MicroStrategy as a 'BTC leverage investment'. Undeniably, Larry Fink of BlackRock and
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18:26

Analysis: The previous Bull Market has experienced at least three pullbacks of 20% or more. The current pullback has not yet been reached.

Golden Finance reported that Larry Cermak, CEO of The Block, pointed out in The Scoop podcast that there have been at least three 20% declines in the previous encryption bull runs. He said: "Even the recent decline did not reach 20%. In historical bull runs, this situation usually occurs one or two times, sometimes even three times. It can clear excessive leveraged positions in the market and accumulate strength for the next pump." Larry Cermak
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03:44
CoinWorld News, on December 1st, BlackRock CEO LARRY FINK said in an interview with Fox News, "BTC is an international asset that is not dependent on any country's currency."
BTC0.31%
05:23

Elon Musk offers XAI 25% ownership to investors supporting his $44 billion acquisition of Twitter

Elon Musk offered to acquire Twitter's investors for $44 billion in acquisition, providing them with 25% of xAI, which doubled its valuation to $50 billion in just six months. By the end of this week's financing, xAI will have raised a total of about $11 billion to build AI models and one of the world's largest Supercomputer clusters. These investors include Fidelity, Oracle co-founder Larry Ellison, Saudi Prince Alwaleed bin Talal, Twitter co-founder Jack Dorsey, as well as Sequoia Capital and Andreessen Horowitz.
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20:52

Forbes reporter: Only 8 Senate candidates out of the 32 states running for Senate have approval ratings higher than Trump's.

Golden Finance reported that Eleanor Terrett, a reporter for Forbes, wrote on the X platform that in the 32 states with Senate elections, only 8 Senate candidates have a higher approval rating than Trump's. One of them is John E Deaton, who ranks fourth in the United States with a 5.2% lead. The ones ahead of him are all incumbents, except for two-term governor Larry.
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13:00

BlackRock CEO: Expected to cut interest rates by another 25 basis points this year

According to Forbes, BlackRock CEO Larry Fink believes that global inflation levels are higher than ever before, and it is expected that the Federal Reserve will only cut interest rates by 25 basis points in 2025. At the same time, Anthony Scaramucci, the founder of SkyBridge Capital, said that the Federal Reserve will allow inflation rates to be higher than before in order to escape the "enormous debt crisis".
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