HOW A RUMOR INVOLVING BLACKROCK CAUSED THE PRICE OF THE CRYPTO XRP TO CLIMB
According to a rumor, the giant BlackRock could bet on the cryptocurrency XRP, to the detriment of bitcoin.
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If bitcoin and XRP are doing so well in recent days, we may see the shadow of asset management giant BlackRock. While BlackRock is still awaiting a response from the American stock market watchdog, the SEC, regarding its Bitcoin ETF application, the financial giant is said to have a growing interest in XRP, the Ripple's cryptocurrency, according to a rumor.
This rumor has its origins in the fact that Robert Mitchnick, one of the thinking heads of digital strategy at BlackRock, is also a former employee of Ripple. Based on this indicator alone, on September 14, a Ripple community member tweeted that “BlackRock may be reconsidering its positioning on bitcoin and perhaps considering alternatives like XRP.
