#writw2earnn $BTC #HotTrends Fed Stimulus and BlackRock's Crypto Move Drive Bitcoin and Market Rally; Ethereum, XRP Surge"
Larry Fink :Bitcoin has surged, recovering from recent losses, after the Federal Reserve announced it would maintain interest rates and hinted at potential rate cuts, predicting three cuts this year. This decision has not only lifted Bitcoin by 5% but has also boosted Ethereum, XRP, and the broader crypto market.
Black Rock : Meanwhile, BlackRock, the world's largest asset manager, has quietly initiated the second phase of its plan for a crypto-based "financial market revolution." This development, which analysts at Citi forecast could grow into a "$5 trillion market by 2030," highlights the increasing adoption and integration of cryptocurrencies into traditional financial systems.
SEC : BlackRock's recent filing with the U.S. Securities and Exchange Commission (SEC) reveals its intention to launch a tokenized private equity fund in collaboration with asset tokenization company Securitize. While the fund's specifics are not disclosed, this news has already had a positive impact, with Ondo Finance's ondo coin surging by 40% following the announcement.
These developments underscore the growing mainstream acceptance of cryptocurrencies and their potential to reshape the financial landscape.