BTC’s $110K prediction, BlackRock’s $1.1B investment, and other highlights: Hodler’s Digest, Nov. 3 – 9

This week in the crypto world, we saw some exciting developments that are worth talking about. The world’s largest asset manager, BlackRock, had a huge day with its Bitcoin ETF, raking in over $1 billion in inflows. This happened as Bitcoin was reaching new all-time highs, hitting $76,943. It’s great to see such positive growth in the market.

In other news, the State of Michigan Retirement System made a move by adding some Ether exchange-traded funds (ETFs) to its portfolio. The fund disclosed holding shares of the Grayscale Ethereum Trust and the Ethereum Mini Trust, showing a commitment to diversifying its investments beyond just Bitcoin.

On a global scale, Pakistan is making moves toward regulating cryptocurrencies and central bank digital currencies (CBDCs) as legal tender. This could have a big impact on the future of digital assets in the country, opening up new opportunities for innovation and growth.

In the US, former President Donald Trump was elected for a second term, promising a “golden age” for America. Trump has expressed support for the crypto industry, giving hope to many that the US could become a leader in the crypto space.

Senator Cynthia Lummis of Wyoming also made headlines by reiterating her plans to build a strategic Bitcoin reserve if Republicans take control of the Senate in 2025. This could have a major impact on Bitcoin’s future as a strategic asset for the US government.

Overall, it’s been an eventful week in the world of crypto, with Bitcoin hitting new highs, major investment moves being made, and exciting political developments on the horizon. It’s an exciting time to be a part of this fast-paced and ever-changing industry. Stay tuned for more updates as we continue to follow these stories closely.