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Cryptocurrencies Price Prediction: Bitcoin, Friend.tech & BlackRock — American Wrap 02 May

Friend.tech set to introduce non-transferable token following Eigen's footsteps

A recently leaked smart contract on Thursday reveals Friend.tech may be introducing a non-transferable token with the ticker POINTS.
 
Bitcoin (BTC) price slid to the depths of $56,552 on Wednesday as the cryptocurrency market tried to front run the Federal Open Market Committee (FOMC) meeting. The flash crash saw millions in positions get liquidated. Amid an ongoing slow grind up, a BlackRock executive has indicated what could be new tailwinds for the market soon.
Don't be fooled by the first break in inflows into spot Bitcoin exchange-traded funds (ETFs) after 71 straight days. The current lull is likely to be followed by a new wave from a different type of investor, said Robert Mitchnick, head of digital assets for BlackRock, the world's largest asset-management company.
 
 

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